Southern Copper Corporation (0L8B.L)

Category: Company Returns Sector: Basic Materials Industry: Industrial Materials Live Price: $180.74

Income Returns

Metric	3Y Avg	5Y Avg	10Y Avg	15Y Avg	20Y Avg	25Y Avg	30Y Avg	TTM	TTM-1	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31
Net Income	2,813M	2,682M	1,868M	1,830M	1,772M	1,470M	1,247M	3,821M	3,028M	3,377M	2,425M	2,639M	3,397M	1,570M	1,486M	1,543M	729M	777M	736M	1,333M	1,619M	1,935M	2,336M	1,554M	929M	1,407M	2,216M	2,038M	1,400M	982M	122M	61M	47M	93M	29M	55M	186M	181M	218M
Revenue	10,459M	10,059M	8,176M	7,476M	6,819M	5,692M	4,867M	12,335M	10,945M	11,433M	9,896M	10,048M	10,934M	7,985M	7,286M	7,097M	6,655M	5,380M	5,046M	5,788M	5,953M	6,669M	6,819M	5,150M	3,734M	4,851M	6,086M	5,460M	4,113M	3,097M	798M	665M	658M	711M	585M	628M	814M	753M	929M
Return on Revenue	26.77%	26.21%	21.31%	23.79%	25.92%	23.79%	22.62%	30.98%	27.67%	29.53%	24.51%	26.26%	31.07%	19.67%	20.39%	21.74%	10.95%	14.43%	14.59%	23.03%	27.19%	29.01%	34.26%	30.18%	24.89%	29.00%	36.42%	37.32%	34.04%	31.72%	15.32%	9.11%	7.08%	13.07%	5.03%	8.70%	22.81%	23.97%	23.45%
Cost of Revenue	5,604M	5,259M	4,597M	4,089M	3,640M	3,047M	2,597M	5,786M	5,700M	5,748M	5,576M	5,487M	4,744M	4,738M	4,401M	4,113M	3,953M	3,721M	3,487M	3,360M	3,318M	3,143M	3,089M	2,457M	2,171M	2,547M	2,490M	2,318M	1,937M	1,543M	481M	450M	461M	449M	417M	447M	457M	395M	0M
Return on Cost of Revenue	50.11%	51.02%	38.68%	45.04%	51.15%	46.25%	42.06%	66.04%	53.12%	58.74%	43.49%	48.09%	71.61%	33.14%	33.76%	37.52%	18.43%	20.87%	21.12%	39.67%	48.78%	61.56%	75.64%	63.25%	42.81%	55.24%	89.00%	87.92%	72.28%	63.69%	25.44%	13.45%	10.10%	20.69%	7.05%	12.20%	40.68%	45.73%	0.00%
Gross Profit	4,855M	4,801M	3,579M	3,387M	3,179M	2,645M	2,271M	6,549M	5,245M	5,685M	4,320M	4,561M	6,190M	3,247M	2,885M	2,984M	2,702M	1,659M	1,559M	2,428M	2,635M	3,526M	3,730M	2,693M	1,563M	2,305M	3,595M	3,143M	2,176M	1,554M	318M	214M	196M	262M	167M	181M	358M	358M	929M
Return on Gross Profit	57.80%	55.33%	50.09%	52.83%	55.19%	51.72%	48.88%	58.34%	57.73%	59.39%	56.15%	57.85%	54.88%	48.37%	51.50%	51.71%	26.96%	46.82%	47.24%	54.91%	61.43%	54.86%	62.64%	57.72%	59.44%	61.04%	61.65%	64.84%	64.35%	63.21%	38.50%	28.24%	23.70%	35.48%	17.58%	30.25%	51.92%	50.38%	23.45%
R&D Expenses	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on R&D Expenses	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses	128M	127M	115M	110M	105M	92M	84M	132M	129M	131M	127M	125M	125M	126M	132M	103M	93M	87M	99M	103M	103M	101M	104M	88M	78M	103M	98M	88M	81M	72M	27M	28M	31M	35M	48M	50M	76M	68M	0M
Return on SG&A Expenses	2,201.64%	2,112.53%	1,560.86%	1,625.44%	1,661.76%	1,427.56%	1,212.41%	2,885.88%	2,347.21%	2,587.51%	1,906.60%	2,110.80%	2,713.34%	1,244.37%	1,127.31%	1,503.90%	782.49%	888.44%	743.84%	1,288.99%	1,577.82%	1,909.86%	2,236.39%	1,759.87%	1,187.09%	1,370.96%	2,261.63%	2,307.59%	1,726.39%	1,368.25%	448.90%	219.54%	150.63%	266.60%	61.89%	110.08%	245.63%	265.44%	0.00%
Operating Expenses	128M	127M	118M	118M	111M	109M	106M	350M	129M	131M	127M	125M	125M	126M	132M	103M	83M	87M	144M	195M	103M	101M	104M	88M	83M	103M	98M	88M	81M	72M	101M	95M	107M	112M	122M	111M	122M	110M	0M
Return on Operating Expenses	2,201.64%	2,112.53%	1,547.24%	1,576.05%	1,621.68%	1,364.51%	1,150.09%	1,090.44%	2,347.21%	2,587.51%	1,906.60%	2,110.80%	2,713.34%	1,244.37%	1,127.31%	1,503.90%	878.77%	888.44%	511.39%	684.41%	1,577.82%	1,909.86%	2,236.39%	1,759.87%	1,126.15%	1,370.96%	2,261.63%	2,307.59%	1,726.39%	1,368.25%	121.31%	63.46%	43.43%	82.74%	24.16%	49.41%	151.84%	164.69%	0.00%
Operating Income (EBIT)	4,728M	4,674M	3,461M	3,268M	3,068M	2,537M	2,165M	6,199M	5,116M	5,555M	4,192M	4,436M	6,065M	3,121M	2,753M	2,881M	2,619M	1,571M	1,415M	2,233M	2,532M	3,425M	3,625M	2,604M	1,481M	2,202M	3,497M	3,054M	2,095M	1,482M	217M	119M	89M	150M	46M	70M	235M	249M	929M
Return on Operating Income (EBIT)	59.37%	56.89%	52.13%	55.03%	57.45%	57.48%	58.48%	61.64%	59.18%	60.79%	57.85%	59.48%	56.01%	50.32%	53.97%	53.55%	27.82%	49.42%	52.05%	59.70%	63.92%	56.48%	64.45%	59.67%	62.76%	63.88%	63.37%	66.71%	66.85%	66.27%	56.41%	50.89%	52.17%	62.12%	64.62%	78.00%	78.89%	72.58%	23.45%
Interest Income	84M	56M	34M	27M	27M	22M	19M	189M	113M	131M	87M	35M	7M	19M	21M	16M	6M	7M	11M	15M	20M	15M	14M	8M	7M	48M	0M	50M	31M	0M	3M	0M	0M	4M	0M	0M	0M	0M	0M
Return on Interest Income	4,302.94%	13,653.99%	11,586.02%	12,149.81%	10,391.11%	8,563.81%	7,136.50%	2,021.64%	2,670.11%	2,569.79%	2,800.46%	7,538.57%	47,181.94%	8,179.17%	7,008.49%	9,643.75%	13,245.45%	10,936.62%	6,755.96%	8,712.24%	8,092.59%	12,727.84%	16,930.61%	19,923.73%	14,060.23%	2,906.20%	0.00%	4,057.59%	4,550.95%	0.00%	3,637.02%	0.00%	0.00%	2,635.94%	0.00%	0.00%	0.00%	0.00%	0.00%
Interest Expense	334M	345M	315M	267M	223M	185M	185M	365M	328M	334M	327M	340M	357M	367M	341M	277M	306M	291M	211M	139M	197M	172M	186M	160M	98M	99M	109M	86M	71M	96M	13M	18M	16M	16M	6M	0M	0M	0M	929M
Return on Interest Expense	842.94%	781.70%	575.60%	725.63%	982.05%	912.19%	776.25%	1,047.97%	923.70%	1,010.69%	742.33%	775.80%	951.30%	428.37%	436.10%	556.84%	238.07%	267.11%	349.34%	961.91%	823.23%	1,122.14%	1,252.85%	968.33%	951.87%	1,417.94%	2,042.76%	2,383.16%	1,960.92%	1,025.47%	929.08%	328.57%	295.43%	585.19%	459.38%	0.00%	0.00%	0.00%	23.45%
Net Interest Income	-249M	-289M	-281M	-239M	-192M	-158M	-132M	-176M	-214M	-203M	-240M	-305M	-350M	-347M	-320M	-261M	-301M	-284M	-200M	-123M	-177M	-157M	-173M	-153M	-91M	-51M	-26M	-35M	-41M	-88M	-10M	0M	0M	-12M	0M	0M	0M	0M	0M
Return on Net Interest Income	-1,180.25%	-992.73%	-690.43%	-833.56%	-1,701.93%	-1,486.46%	-1,238.72%	-2,175.91%	-1,412.27%	-1,665.86%	-1,010.08%	-864.80%	-970.88%	-452.04%	-465.04%	-590.96%	-242.43%	-273.80%	-368.38%	-1,081.14%	-916.38%	-1,230.89%	-1,352.94%	-1,017.80%	-1,020.99%	-2,768.90%	-8,524.62%	-5,772.24%	-3,448.52%	-1,122.74%	-1,247.84%	0.00%	0.00%	-752.18%	0.00%	0.00%	0.00%	0.00%	0.00%
Unusual Items	456M	558M	554M	490M	405M	334M	333M	373M	414M	394M	479M	497M	705M	716M	635M	541M	594M	575M	409M	264M	315M	560M	349M	326M	168M	159M	194M	84M	133M	157M	21M	27M	34M	24M	13M	-10M	-6M	-12M	1,640M
Return on Unusual Items	631.84%	519.40%	355.43%	404.28%	606.93%	563.45%	304.74%	1,025.19%	732.08%	857.90%	506.52%	531.10%	482.13%	219.36%	233.87%	285.42%	122.73%	135.09%	180.18%	505.78%	513.47%	345.42%	668.65%	476.54%	554.84%	885.21%	1,142.47%	2,437.82%	1,054.01%	624.14%	585.37%	220.46%	136.40%	381.29%	229.69%	-535.29%	-3,147.46%	-1,504.17%	13.28%
EBT Excluding Unusual Items	4,064M	3,847M	2,633M	2,527M	2,454M	2,031M	1,666M	5,629M	4,503M	4,970M	3,475M	3,747M	5,006M	2,036M	1,802M	2,061M	1,732M	705M	797M	1,829M	2,078M	2,462M	3,099M	2,105M	1,237M	1,935M	3,218M	2,922M	1,869M	1,263M	185M	82M	37M	113M	26M	90M	247M	273M	-1,422M
Return on EBT Excluding Unusual Items	69.38%	70.63%	75.50%	75.57%	74.74%	76.84%	73.97%	67.88%	67.24%	67.94%	69.79%	70.41%	67.86%	77.12%	82.46%	74.86%	42.06%	110.13%	92.36%	72.88%	77.88%	78.57%	75.39%	73.84%	75.14%	72.70%	68.88%	69.72%	74.89%	77.76%	66.17%	73.42%	126.76%	82.09%	111.79%	60.40%	75.12%	66.19%	-15.32%
Pre-Tax Income	4,521M	4,405M	3,187M	3,017M	2,859M	2,365M	1,999M	6,001M	4,917M	5,364M	3,954M	4,244M	5,710M	2,752M	2,437M	2,602M	2,326M	1,280M	1,206M	2,093M	2,394M	3,022M	3,449M	2,431M	1,404M	2,094M	3,412M	3,006M	2,002M	1,421M	206M	110M	71M	138M	39M	80M	241M	261M	218M
Return on Pre-Tax Income	62.15%	60.60%	57.63%	60.22%	61.97%	62.25%	64.86%	63.67%	61.58%	62.95%	61.34%	62.17%	59.49%	57.06%	60.96%	59.31%	31.32%	60.67%	61.06%	63.70%	67.62%	64.01%	67.75%	63.93%	66.17%	67.18%	64.96%	67.78%	69.92%	69.14%	59.45%	55.08%	65.70%	67.54%	75.19%	68.08%	76.96%	69.24%	100.00%
Income Tax Expense	1,697M	1,713M	1,312M	1,180M	1,079M	888M	746M	2,169M	1,877M	1,975M	1,519M	1,596M	2,299M	1,174M	945M	1,054M	1,593M	501M	465M	755M	769M	1,081M	1,104M	868M	470M	679M	1,185M	959M	590M	434M	85M	40M	22M	45M	10M	26M	56M	80M	0M
Return on Income Tax Expense	165.31%	155.48%	144.01%	159.78%	171.92%	175.15%	181.80%	176.18%	161.30%	170.95%	159.67%	165.31%	147.75%	133.72%	157.18%	146.46%	45.72%	154.96%	158.40%	176.64%	210.38%	178.99%	211.57%	179.02%	197.80%	207.07%	186.99%	212.45%	237.43%	226.52%	143.95%	151.39%	210.24%	208.11%	303.09%	213.28%	333.99%	225.06%	0.00%
Depreciation and Amortization	825M	811M	736M	609M	534M	442M	352M	852M	840M	846M	834M	796M	806M	776M	764M	674M	689M	664M	511M	445M	396M	326M	288M	323M	323M	327M	328M	275M	292M	78M	74M	68M	76M	77M	74M	61M	47M	42M	-711M
Return on Depreciation and Amortization	340.49%	329.08%	243.55%	335.31%	382.16%	373.73%	342.44%	448.46%	360.51%	399.18%	290.93%	331.34%	421.48%	202.48%	194.37%	228.83%	105.73%	116.91%	144.19%	299.54%	408.82%	593.99%	810.98%	480.83%	288.10%	429.76%	675.94%	740.78%	478.97%	1,263.49%	166.23%	89.26%	61.02%	119.97%	39.62%	89.66%	397.64%	433.89%	-30.63%
EBITDA	5,679M	5,557M	4,229M	3,883M	3,608M	2,989M	2,550M	7,208M	6,068M	6,538M	5,116M	5,384M	6,860M	3,888M	3,532M	3,541M	3,298M	2,211M	1,924M	2,665M	2,973M	3,476M	3,923M	2,915M	1,825M	2,520M	3,848M	3,367M	2,351M	1,709M	290M	187M	166M	227M	120M	131M	284M	297M	929M
Return on EBITDA	49.35%	47.59%	41.91%	46.14%	48.83%	47.10%	46.44%	53.01%	49.90%	51.65%	47.40%	49.00%	49.52%	40.39%	42.07%	43.58%	22.09%	35.12%	38.27%	50.01%	54.44%	55.66%	59.55%	53.32%	50.93%	55.81%	57.59%	60.52%	59.56%	57.48%	42.12%	32.41%	28.13%	40.93%	24.55%	41.62%	65.39%	60.73%	23.45%
NOPAT	2,953M	2,854M	2,032M	1,987M	1,906M	1,581M	1,363M	3,959M	3,163M	3,509M	2,582M	2,768M	3,623M	1,789M	1,685M	1,715M	825M	956M	869M	1,428M	1,718M	2,200M	2,464M	1,674M	985M	1,488M	2,282M	2,080M	1,478M	1,030M	127M	76M	61M	101M	34M	48M	181M	172M	929M
Return on NOPAT	95.17%	93.41%	89.95%	90.84%	92.06%	91.22%	90.40%	96.52%	95.74%	96.22%	93.94%	95.34%	93.76%	87.78%	88.17%	90.00%	88.34%	81.22%	84.70%	93.37%	94.20%	87.93%	94.80%	92.82%	94.31%	94.56%	97.11%	97.97%	94.75%	95.39%	96.09%	80.00%	75.89%	91.97%	85.93%	114.57%	102.51%	104.83%	23.45%
Owner's Earnings	2,644M	2,599M	1,641M	1,442M	1,449M	1,203M	998M	3,535M	2,820M	3,195M	2,250M	2,486M	3,311M	1,754M	1,543M	1,096M	376M	305M	98M	243M	311M	1,208M	1,978M	1,469M	837M	1,217M	2,229M	1,857M	1,222M	888M	146M	52M	-38M	39M	-147M	-143M	48M	101M	0M
Return on Owner's Earnings	106.53%	102.35%	195.23%	226.97%	197.74%	175.42%	162.97%	108.09%	107.36%	105.68%	107.78%	106.12%	102.61%	89.54%	96.31%	140.80%	193.70%	254.51%	755.28%	547.93%	520.23%	160.09%	118.10%	105.82%	111.02%	115.56%	99.45%	109.73%	114.60%	110.57%	83.74%	117.52%	-121.82%	240.60%	-20.04%	-38.13%	383.68%	178.18%	0.00%

Balance Sheet Returns

Metric	3Y Avg	5Y Avg	10Y Avg	15Y Avg	20Y Avg	25Y Avg	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31
Net Income	2,813M	2,682M	1,868M	1,830M	1,772M	1,470M	3,377M	2,425M	2,639M	3,397M	1,570M	1,486M	1,543M	729M	777M	736M	1,333M	1,619M	1,935M	2,336M	1,554M	929M	1,407M	2,216M	2,038M	1,400M	982M	122M	61M	47M	93M	29M	55M	186M	181M
Cash & Cash Equivalents	2,160M	2,333M	1,626M	1,589M	1,432M	1,199M	3,258M	1,152M	2,070M	3,002M	2,184M	1,925M	845M	1,005M	546M	275M	402M	1,673M	2,460M	848M	2,193M	772M	717M	1,409M	1,023M	876M	546M	295M	148M	213M	149M	11M	176M	127M	173M
Return on Cash & Cash Equivalents	147.24%	125.36%	136.97%	148.22%	152.81%	136.11%	103.64%	210.61%	127.48%	113.16%	71.92%	77.18%	182.69%	72.50%	142.22%	268.27%	331.83%	96.76%	78.66%	275.49%	70.87%	120.34%	196.25%	157.27%	199.22%	159.83%	179.92%	41.40%	41.04%	21.87%	62.32%	277.36%	31.04%	146.80%	104.21%
Short-Term Investments	351M	390M	295M	282M	236M	190M	245M	599M	208M	487M	411M	81M	214M	51M	51M	604M	339M	208M	134M	522M	76M	23M	62M	118M	280M	0M	45M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Short-Term Investments	1,015.97%	825.58%	976.90%	991.15%	1,188.99%	1,038.00%	1,376.56%	404.67%	1,266.68%	697.70%	382.28%	1,841.14%	721.70%	1,442.57%	1,513.65%	122.02%	393.67%	777.01%	1,440.53%	447.59%	2,039.44%	4,049.94%	2,255.03%	1,879.85%	727.71%	0.00%	2,170.23%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Cash & Short-Term Investments	2,511M	2,723M	1,921M	1,871M	1,667M	1,390M	3,503M	1,751M	2,278M	3,489M	2,594M	2,006M	1,058M	1,055M	597M	878M	740M	1,881M	2,594M	1,370M	2,269M	795M	779M	1,527M	1,303M	876M	591M	295M	148M	213M	149M	11M	176M	127M	173M
Return on Cash & Short-Term Investments	116.91%	101.73%	101.14%	106.07%	117.49%	107.31%	96.38%	138.52%	115.83%	97.37%	60.53%	74.08%	145.79%	69.03%	130.00%	83.87%	180.06%	86.05%	74.59%	170.53%	68.49%	116.87%	180.54%	145.13%	156.40%	159.83%	166.14%	41.40%	41.04%	21.87%	62.32%	277.36%	31.04%	146.80%	104.21%
Net Receivables	1,315M	1,306M	1,061M	948M	812M	684M	1,244M	1,228M	1,474M	1,447M	1,137M	912M	973M	976M	669M	551M	622M	598M	752M	884M	748M	436M	134M	463M	606M	386M	474M	89M	60M	84M	142M	81M	65M	74M	90M
Return on Net Receivables	215.98%	204.19%	166.69%	192.10%	266.25%	235.61%	271.48%	197.44%	179.03%	234.83%	138.17%	162.95%	158.65%	74.61%	116.16%	133.60%	214.34%	270.76%	257.28%	264.43%	207.75%	213.36%	1,052.94%	478.93%	336.00%	362.29%	207.16%	137.06%	100.35%	55.54%	65.22%	36.48%	84.65%	251.63%	201.45%
Inventory	1,027M	1,001M	1,001M	888M	774M	638M	1,049M	1,017M	1,014M	973M	950M	1,069M	1,033M	1,042M	1,010M	857M	766M	694M	683M	652M	505M	456M	452M	448M	414M	396M	97M	77M	92M	101M	115M	110M	89M	109M	119M
Return on Inventory	273.55%	267.02%	185.62%	214.21%	253.45%	257.39%	321.93%	238.49%	260.23%	349.17%	165.27%	139.05%	149.41%	69.92%	76.85%	85.91%	174.02%	233.25%	283.38%	358.40%	307.79%	203.76%	311.47%	494.42%	492.59%	353.70%	1,013.41%	159.49%	65.91%	46.08%	80.85%	26.68%	61.35%	170.84%	152.06%
Other Current Assets	38M	35M	38M	101M	108M	102M	32M	38M	44M	34M	29M	26M	94M	11M	41M	32M	102M	308M	342M	196M	181M	87M	189M	197M	120M	56M	331M	5M	5M	6M	35M	68M	81M	253M	22M
Return on Other Current Assets	7,675.87%	7,709.26%	5,670.35%	4,077.00%	3,414.39%	2,935.85%	10,719.68%	6,365.35%	5,942.57%	10,140.60%	5,378.08%	5,670.99%	1,644.99%	6,622.73%	1,917.28%	2,301.25%	1,308.12%	525.63%	565.53%	1,194.17%	858.09%	1,070.68%	742.69%	1,123.52%	1,697.70%	2,498.13%	296.91%	2,460.04%	1,330.29%	758.53%	262.69%	43.43%	67.66%	73.52%	835.65%
Total Current Assets	5,264M	5,349M	4,233M	3,948M	3,467M	2,880M	6,174M	4,430M	5,188M	6,140M	4,815M	4,185M	3,181M	3,170M	2,566M	2,484M	2,412M	3,411M	4,288M	3,083M	3,689M	1,778M	1,554M	2,636M	2,443M	1,714M	1,014M	476M	311M	427M	442M	269M	410M	562M	403M
Return on Total Current Assets	53.43%	49.65%	41.51%	45.39%	53.64%	49.88%	54.69%	54.75%	50.86%	55.33%	32.61%	35.51%	48.51%	22.98%	30.26%	29.65%	55.27%	47.45%	45.12%	75.79%	42.13%	52.27%	90.53%	84.10%	83.41%	81.67%	96.93%	25.70%	19.48%	10.91%	21.03%	10.93%	13.31%	33.07%	44.78%
Property, Plant & Equipment	10,543M	10,490M	9,840M	8,399M	7,209M	6,092M	10,623M	10,558M	10,448M	10,381M	10,438M	10,417M	9,404M	9,100M	8,767M	8,263M	7,436M	6,476M	5,157M	4,420M	4,095M	3,970M	3,804M	3,568M	3,538M	3,326M	3,069M	1,118M	1,249M	1,377M	1,298M	1,251M	1,089M	948M	856M
Return on Property, Plant & Equipment	26.67%	25.56%	18.42%	23.70%	28.88%	25.44%	31.79%	22.97%	25.25%	32.73%	15.05%	14.26%	16.41%	8.01%	8.86%	8.91%	17.92%	24.99%	37.52%	52.86%	37.95%	23.41%	36.98%	62.11%	57.59%	42.09%	32.02%	10.94%	4.85%	3.38%	7.16%	2.35%	5.02%	19.60%	21.09%
Goodwill	42M	42M	42M	34M	26M	21M	42M	42M	42M	42M	42M	42M	42M	42M	42M	41M	17M	17M	17M	17M	17M	17M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Goodwill	6,714.72%	6,399.95%	4,459.90%	6,415.07%	5,084.65%	4,067.72%	8,058.95%	5,788.07%	6,297.14%	8,107.64%	3,747.97%	3,546.06%	3,682.58%	1,738.66%	1,853.22%	1,778.74%	7,841.02%	9,520.69%	11,380.19%	13,743.67%	9,141.48%	5,466.95%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Intangible Assets	88M	92M	101M	111M	134M	121M	83M	88M	93M	96M	101M	107M	106M	111M	112M	114M	93M	93M	92M	216M	161M	204M	253M	116M	118M	314M	241M	109M	0M	0M	0M	0M	0M	0M	0M
Return on Intangible Assets	3,224.28%	2,951.49%	1,960.88%	1,794.71%	1,600.82%	1,301.44%	4,083.07%	2,746.55%	2,843.21%	3,531.29%	1,553.31%	1,395.12%	1,458.41%	658.68%	691.45%	647.67%	1,435.28%	1,736.25%	2,096.03%	1,079.57%	964.82%	455.36%	555.31%	1,913.96%	1,725.22%	445.89%	407.47%	112.21%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Investments	110M	112M	104M	81M	61M	48M	112M	108M	111M	115M	114M	112M	104M	100M	88M	76M	67M	57M	47M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Long-Term Investments	2,546.78%	2,391.60%	1,736.10%	1,753.56%	1,315.17%	1,052.14%	3,017.61%	2,241.40%	2,381.32%	2,943.76%	1,373.93%	1,327.79%	1,489.38%	730.69%	887.43%	967.67%	1,998.46%	2,832.45%	4,111.51%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Tax Assets	268M	270M	324M	291M	226M	180M	311M	256M	237M	316M	230M	184M	204M	165M	727M	614M	541M	181M	206M	145M	44M	53M	83M	0M	15M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Tax Assets	1,048.67%	980.63%	713.70%	957.81%	1,591.47%	1,273.17%	1,087.15%	946.97%	1,111.88%	1,074.35%	682.78%	807.94%	757.49%	441.78%	106.76%	119.90%	246.57%	895.66%	939.42%	1,608.54%	3,539.98%	1,764.54%	1,692.54%	0.00%	14,005.09%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Other Non-Current Assets	1,257M	1,237M	1,182M	963M	792M	672M	1,369M	1,243M	1,159M	1,208M	1,206M	1,361M	1,249M	1,093M	933M	1,001M	868M	756M	563M	292M	138M	148M	202M	261M	263M	526M	492M	228M	192M	18M	31M	26M	27M	34M	21M
Return on Other Non-Current Assets	223.13%	216.18%	153.71%	278.47%	369.57%	329.56%	246.60%	195.11%	227.67%	281.31%	130.18%	109.16%	123.56%	66.63%	83.25%	73.58%	153.60%	214.16%	343.40%	800.78%	1,128.04%	626.37%	696.48%	849.40%	775.97%	266.06%	199.81%	53.74%	31.48%	258.69%	303.84%	115.29%	201.48%	542.98%	863.64%
Other Assets	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Other Assets	0.00%	0.00%	0.00%	-43,097.87%	-32,323.40%	-25,858.72%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-12,450,130.77%	6,240,748.39%	5,562,914.29%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Total Non-Current Assets	12,308M	12,243M	11,593M	9,866M	8,417M	7,106M	12,539M	12,296M	12,090M	12,158M	12,131M	12,223M	11,108M	10,610M	10,668M	10,109M	9,035M	7,580M	6,082M	4,977M	4,389M	4,284M	4,211M	3,945M	3,934M	3,973M	3,684M	1,455M	1,441M	1,395M	1,329M	1,276M	1,116M	982M	877M
Return on Total Non-Current Assets	22.83%	21.87%	15.68%	20.47%	25.27%	22.20%	26.93%	19.72%	21.82%	27.94%	12.95%	12.16%	13.89%	6.87%	7.28%	7.28%	14.75%	21.35%	31.81%	46.94%	35.41%	21.69%	33.41%	56.18%	51.80%	35.24%	26.67%	8.41%	4.20%	3.34%	6.99%	2.30%	4.89%	18.92%	20.59%
Total Assets	17,572M	17,592M	15,843M	13,835M	11,900M	9,915M	18,714M	16,725M	17,277M	18,298M	16,947M	16,407M	14,485M	13,771M	13,277M	12,527M	11,309M	11,130M	10,384M	8,074M	8,199M	6,063M	5,764M	6,581M	6,376M	5,688M	2,597M	1,931M	1,752M	1,821M	1,771M	1,546M	1,526M	1,543M	1,280M
Return on Total Assets	15.94%	15.13%	11.24%	13.68%	16.76%	15.63%	18.04%	14.50%	15.27%	18.57%	9.27%	9.06%	10.65%	5.29%	5.85%	5.88%	11.79%	14.54%	18.63%	28.94%	18.95%	15.33%	24.40%	33.68%	31.96%	24.62%	37.83%	6.33%	3.46%	2.56%	5.25%	1.90%	3.58%	12.03%	14.10%
Accounts Payable	642M	622M	627M	586M	515M	426M	615M	653M	658M	592M	595M	598M	673M	660M	584M	647M	547M	493M	476M	443M	559M	283M	413M	255M	271M	285M	142M	48M	39M	56M	68M	58M	49M	48M	34M
Return on Accounts Payable	440.58%	431.95%	299.45%	318.57%	377.94%	355.03%	548.88%	371.62%	401.23%	573.93%	264.11%	248.34%	229.14%	110.41%	132.92%	113.89%	243.73%	328.12%	406.81%	527.25%	278.17%	328.00%	340.29%	868.94%	751.70%	491.30%	690.07%	253.12%	153.78%	83.72%	136.33%	50.34%	112.58%	387.68%	534.02%
Short-Term Debt	167M	160M	120M	95M	81M	80M	500M	0M	0M	300M	0M	400M	0M	0M	0M	0M	200M	0M	10M	10M	10M	10M	10M	160M	10M	10M	152M	60M	0M	123M	24M	23M	14M	14M	24M
Return on Short-Term Debt	225.20%	361.82%	218.07%	4,073.22%	6,011.02%	4,859.55%	675.61%	0.00%	0.00%	1,133.50%	0.00%	371.64%	0.00%	0.00%	0.00%	0.00%	666.49%	0.00%	19,346.32%	23,364.24%	15,540.51%	9,293.81%	14,066.00%	1,385.25%	20,376.00%	14,001.00%	644.98%	203.86%	0.00%	37.87%	381.76%	126.18%	398.54%	1,355.47%	761.60%
Tax Payables	351M	443M	302M	14,532M	10,903M	18,345M	635M	278M	138M	833M	331M	116M	233M	226M	188M	39M	103M	214,393M	12M	183M	266M	91M	0M	0M	0M	0M	240,565M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Tax Payables	1,104.53%	839.27%	874.51%	1,851.03%	1,439.14%	1,151.32%	531.60%	871.43%	1,910.57%	408.01%	474.73%	1,277.56%	662.80%	321.78%	412.81%	1,873.79%	1,297.93%	0.75%	15,857.64%	1,280.23%	583.79%	1,017.28%	0.00%	0.00%	0.00%	0.00%	0.41%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Deferred Revenue	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Deferred Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Other Current Liabilities	0M	0M	0M	5M	10M	15M	0M	0M	0M	0M	0M	0M	0M	0M	0M	-4M	0M	0M	0M	0M	77M	67M	0M	4M	41M	6M	109M	25M	0M	-2M	40M	30M	35M	24M	48M
Return on Other Current Liabilities	1,125,566.67%	675,340.00%	413,216.00%	-221,343.21%	-161,722.38%	-129,406.93%	3,376,700.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	776,500.00%	-21,040.00%	0.00%	-1,926,805.95%	-5,527,520.00%	0.00%	2,017.75%	1,394.00%	0.00%	57,271.32%	5,003.81%	22,031.47%	901.09%	485.52%	0.00%	-2,345.14%	232.97%	99.66%	156.90%	790.21%	377.62%
Total Current Liabilities	1,624M	1,701M	1,428M	1,277M	1,154M	967M	2,248M	1,389M	1,236M	2,250M	1,385M	1,477M	1,216M	1,168M	999M	917M	1,179M	784M	857M	955M	1,099M	602M	737M	927M	860M	796M	461M	187M	101M	221M	132M	111M	97M	85M	105M
Return on Total Current Liabilities	179.46%	160.55%	125.07%	145.48%	158.97%	144.36%	150.20%	174.66%	213.52%	150.98%	113.40%	100.63%	126.86%	62.36%	77.72%	80.33%	113.10%	206.58%	225.72%	244.73%	141.47%	154.27%	190.73%	239.04%	237.05%	175.97%	212.90%	65.34%	60.08%	21.07%	70.19%	26.44%	56.29%	218.21%	171.42%
Long-Term Debt	6,088M	6,211M	6,142M	5,286M	4,291M	3,527M	5,759M	6,255M	6,251M	6,248M	6,544M	6,541M	5,960M	5,957M	5,954M	5,952M	3,981M	4,205M	4,204M	2,736M	2,750M	1,270M	1,280M	1,290M	1,518M	1,162M	1,178M	289M	299M	273M	323M	199M	221M	234M	83M
Return on Long-Term Debt	46.54%	43.60%	30.42%	37.61%	58.69%	54.62%	58.64%	38.77%	42.21%	54.37%	24.00%	22.72%	25.89%	12.23%	13.04%	12.37%	33.48%	38.49%	46.02%	85.40%	56.50%	73.17%	109.89%	171.85%	134.22%	120.48%	83.40%	42.32%	20.25%	17.04%	28.77%	14.75%	24.76%	79.29%	217.73%
Capital Lease Obligations	763M	808M	502M	335M	251M	201M	739M	775M	774M	842M	908M	978M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Capital Lease Obligations	370.10%	337.29%	183.84%	122.56%	91.92%	73.54%	456.68%	312.77%	340.85%	403.26%	172.88%	151.95%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Deferred Tax Liabilities	139M	139M	153M	154M	166M	153M	125M	132M	161M	118M	159M	178M	223M	56M	205M	171M	91M	164M	141M	175M	206M	176M	169M	220M	195M	259M	116M	110M	89M	89M	95M	80M	57M	45M	49M
Return on Deferred Tax Liabilities	2,061.16%	2,008.06%	1,368.45%	1,306.16%	1,177.33%	988.86%	2,712.21%	1,834.49%	1,636.79%	2,871.60%	985.19%	833.31%	691.62%	1,310.25%	379.15%	429.89%	1,461.59%	985.10%	1,368.20%	1,338.92%	754.03%	527.37%	830.63%	1,009.74%	1,046.22%	540.39%	844.88%	111.12%	68.37%	52.53%	97.92%	36.80%	96.30%	414.51%	365.38%
Other Non-Current Liabilities	722M	694M	552M	450M	381M	309M	687M	771M	708M	631M	674M	376M	498M	505M	248M	422M	288M	201M	392M	111M	238M	153M	182M	279M	123M	132M	30M	21M	15M	15M	14M	15M	27M	62M	5M
Return on Other Non-Current Liabilities	392.90%	390.00%	328.73%	521.08%	635.13%	714.79%	491.80%	314.39%	372.51%	538.20%	233.10%	395.58%	309.59%	144.17%	313.61%	174.38%	463.48%	805.89%	493.25%	2,112.50%	653.79%	608.50%	772.23%	793.53%	1,651.50%	1,060.55%	3,221.62%	579.11%	409.38%	305.21%	651.91%	193.42%	204.49%	298.55%	3,760.42%
Total Non-Current Liabilities	7,659M	7,821M	7,300M	6,206M	5,075M	4,142M	7,227M	7,856M	7,895M	7,840M	8,286M	8,073M	6,656M	6,453M	6,407M	6,311M	4,294M	4,784M	4,738M	3,083M	3,194M	1,599M	1,631M	1,789M	1,836M	1,553M	404M	420M	402M	377M	432M	294M	304M	341M	137M
Return on Total Non-Current Liabilities	37.01%	34.66%	25.00%	32.01%	47.47%	50.84%	46.72%	30.87%	33.42%	43.33%	18.95%	18.41%	23.18%	11.29%	12.12%	11.67%	31.05%	33.83%	40.84%	75.79%	48.65%	58.11%	86.22%	123.92%	110.97%	90.14%	243.47%	29.11%	15.05%	12.35%	21.51%	9.99%	17.97%	54.43%	131.66%
Total Liabilities	9,283M	9,522M	8,729M	7,483M	6,229M	5,109M	9,475M	9,244M	9,131M	10,090M	9,671M	9,549M	7,872M	7,621M	7,406M	7,228M	5,472M	5,568M	5,595M	4,038M	4,293M	2,202M	2,369M	2,716M	2,696M	2,349M	865M	607M	503M	598M	564M	406M	401M	426M	242M
Return on Total Liabilities	30.26%	28.14%	20.61%	25.88%	35.33%	35.06%	35.64%	26.24%	28.90%	33.67%	16.24%	15.56%	19.60%	9.56%	10.49%	10.19%	24.36%	29.07%	34.58%	57.87%	36.20%	42.21%	59.38%	81.61%	75.58%	59.61%	113.58%	20.14%	12.03%	7.79%	16.46%	7.25%	13.62%	43.56%	74.46%
Preferred Stock	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Preferred Stock	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Stock	9M	9M	9M	9M	8M	6M	9M	9M	9M	9M	9M	9M	9M	9M	9M	9M	9M	9M	9M	9M	9M	9M	9M	3M	3M	1M	1M	1M	1M	1M	1M	1M	1M	0M	0M
Return on Common Stock	31,971.21%	30,472.50%	21,225.11%	20,769.69%	28,859.56%	27,361.25%	38,371.59%	27,559.09%	29,982.95%	38,603.41%	17,845.45%	16,884.09%	17,534.09%	8,278.41%	8,823.86%	8,368.18%	15,147.42%	18,296.60%	21,870.13%	26,412.21%	17,567.84%	10,506.23%	15,900.97%	75,157.68%	69,094.61%	94,986.43%	66,648.58%	15,251.00%	7,550.50%	5,804.36%	11,585.66%	3,675.00%	6,825.00%	0.00%	0.00%
Retained Earnings	7,192M	7,238M	6,481M	5,490M	4,881M	4,119M	6,840M	7,034M	7,702M	7,770M	6,846M	6,436M	6,187M	5,726M	5,455M	4,812M	4,347M	3,395M	2,350M	3,852M	3,596M	3,470M	2,917M	3,221M	3,010M	2,648M	1,459M	1,054M	980M	948M	930M	864M	847M	834M	749M
Return on Retained Earnings	39.37%	36.95%	27.51%	35.97%	40.20%	36.16%	49.37%	34.48%	34.26%	43.72%	22.94%	23.09%	24.94%	12.72%	14.23%	15.30%	30.67%	47.68%	82.32%	60.65%	43.22%	26.78%	48.23%	68.81%	67.69%	52.87%	67.34%	11.61%	6.18%	4.91%	9.99%	3.40%	6.44%	22.28%	24.09%
Accumulated OCI	-6M	-7M	-5M	-10M	-12M	-10M	-2M	-8M	-9M	-9M	-8M	-10M	-2M	1M	-2M	1M	5M	6M	4M	13M	-126M	-13M	-23M	-27M	-22M	-13M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Accumulated OCI	-71,039.34%	-53,590.53%	-16,666.39%	-3,203.37%	-4,466.23%	-3,572.98%	-153,486.36%	-30,315.00%	-29,316.67%	-36,139.36%	-18,695.24%	-14,710.89%	-64,291.67%	145,700.00%	-32,354.17%	66,945.45%	27,770.27%	25,941.93%	47,981.94%	18,148.39%	-1,229.25%	-7,115.70%	-5,991.40%	-8,346.77%	-9,124.13%	-10,695.95%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Minority Interest	64M	60M	51M	42M	36M	31M	67M	63M	63M	59M	51M	48M	45M	42M	39M	36M	32M	28M	24M	21M	20M	18M	14M	17M	14M	13M	11M	8M	8M	14M	14M	14M	16M	19M	22M
Return on Minority Interest	4,373.89%	4,397.19%	3,427.38%	4,741.52%	6,255.43%	5,484.95%	5,070.12%	3,843.42%	4,208.13%	5,797.10%	3,067.19%	3,101.88%	3,398.68%	1,747.00%	2,011.66%	2,028.65%	4,152.56%	5,739.42%	8,060.97%	11,125.83%	7,770.26%	5,159.79%	9,947.67%	13,283.79%	14,565.73%	11,028.75%	8,706.13%	1,545.72%	788.89%	332.01%	642.36%	210.00%	334.97%	957.22%	805.80%
Total Shareholders’ Equity	8,225M	8,010M	7,063M	6,309M	5,635M	4,775M	9,172M	7,418M	8,084M	8,149M	7,225M	6,810M	6,568M	6,108M	5,832M	5,263M	5,805M	5,534M	4,765M	4,015M	3,886M	3,843M	3,381M	3,848M	3,667M	3,326M	1,721M	1,315M	1,241M	1,209M	1,192M	1,126M	1,109M	1,098M	1,015M
Return on Total Shareholders’ Equity	34.05%	33.11%	25.01%	29.41%	33.11%	29.80%	36.82%	32.69%	32.64%	41.69%	21.74%	21.82%	23.49%	11.93%	13.31%	13.99%	22.96%	29.25%	40.60%	58.19%	39.99%	24.18%	41.60%	57.60%	55.57%	42.09%	57.09%	9.30%	4.88%	3.85%	7.80%	2.61%	4.93%	16.92%	17.78%
Total Equity	8,289M	8,070M	7,114M	6,351M	5,671M	4,806M	9,238M	7,481M	8,147M	8,208M	7,276M	6,858M	6,613M	6,149M	5,871M	5,299M	5,837M	5,562M	4,789M	4,036M	3,906M	3,861M	3,395M	3,865M	3,681M	3,339M	1,732M	1,323M	1,249M	1,223M	1,206M	1,140M	1,125M	1,117M	1,037M
Return on Total Equity	33.79%	32.87%	24.83%	29.22%	32.92%	29.63%	36.55%	32.42%	32.39%	41.39%	21.58%	21.66%	23.33%	11.85%	13.23%	13.90%	22.84%	29.10%	40.40%	57.89%	39.79%	24.07%	41.43%	57.35%	55.36%	41.93%	56.71%	9.24%	4.85%	3.80%	7.70%	2.58%	4.85%	16.62%	17.40%
Total Liabilities & Equity	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Total Liabilities & Equity	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Total Investments	461M	502M	399M	363M	296M	239M	357M	708M	319M	602M	525M	193M	317M	150M	139M	680M	405M	265M	181M	522M	76M	23M	62M	118M	280M	0M	45M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Total Investments	704.99%	595.61%	538.85%	658.72%	939.67%	838.54%	945.32%	342.78%	826.86%	564.02%	299.07%	771.44%	486.14%	485.02%	559.44%	108.36%	328.89%	609.82%	1,066.78%	447.63%	2,039.20%	4,049.94%	2,255.03%	1,879.85%	727.71%	0.00%	2,170.23%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Debt	4,884M	4,891M	5,167M	4,149M	3,208M	2,615M	3,740M	5,879M	5,033M	4,462M	5,340M	6,062M	5,116M	4,952M	5,408M	5,677M	3,817M	2,532M	1,754M	1,898M	568M	508M	573M	40M	505M	296M	620M	54M	152M	183M	198M	212M	58M	121M	-67M
Return on Net Debt	61.33%	57.90%	38.62%	66.15%	388.59%	330.83%	90.30%	41.26%	52.43%	76.14%	29.41%	24.51%	30.16%	14.71%	14.36%	12.97%	34.92%	63.92%	110.27%	123.12%	273.73%	182.97%	245.38%	5,475.03%	403.22%	472.91%	158.56%	228.32%	39.97%	25.41%	46.89%	13.87%	93.65%	152.97%	-271.02%

Capital Returns

Metric	3Y Avg	5Y Avg	10Y Avg	15Y Avg	20Y Avg	25Y Avg	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31
Net Income	2,813M	2,682M	1,868M	1,830M	1,772M	1,470M	3,377M	2,425M	2,639M	3,397M	1,570M	1,486M	1,543M	729M	777M	736M	1,333M	1,619M	1,935M	2,336M	1,554M	929M	1,407M	2,216M	2,038M	1,400M	982M	122M	61M	47M	93M	29M	55M	186M	181M
Working Capital	3,640M	3,648M	2,805M	2,671M	2,313M	1,913M	3,926M	3,041M	3,952M	3,890M	3,430M	2,708M	1,965M	2,002M	1,567M	1,567M	1,233M	2,628M	3,431M	2,128M	2,591M	1,176M	816M	1,708M	1,583M	919M	552M	289M	210M	206M	309M	158M	313M	477M	298M
Return on Working Capital	77.51%	73.13%	63.20%	68.52%	84.50%	79.67%	86.00%	79.75%	66.76%	87.34%	45.78%	54.86%	78.54%	36.39%	49.55%	46.99%	108.10%	61.60%	56.39%	109.79%	59.99%	79.05%	172.33%	129.74%	128.69%	152.40%	177.94%	42.36%	28.83%	22.63%	30.02%	18.62%	17.44%	38.97%	60.61%
Total Capital	15,268M	15,233M	13,856M	12,044M	10,273M	8,594M	16,169M	14,448M	15,187M	15,613M	14,748M	14,798M	12,528M	12,065M	11,787M	11,214M	9,985M	9,739M	8,979M	6,761M	6,647M	5,123M	4,671M	5,298M	5,195M	4,498M	3,051M	1,664M	1,540M	1,605M	1,539M	1,349M	1,343M	1,346M	1,122M
Return on Total Capital	18.35%	17.49%	12.90%	15.90%	19.94%	18.05%	20.88%	16.79%	17.37%	21.76%	10.65%	10.04%	12.32%	6.04%	6.59%	6.57%	13.35%	16.62%	21.55%	34.56%	23.38%	18.14%	30.11%	41.84%	39.22%	31.13%	32.20%	7.35%	3.93%	2.90%	6.04%	2.18%	4.07%	13.80%	16.09%
Capital Employed	15,948M	15,891M	14,414M	12,558M	10,746M	8,947M	16,465M	15,337M	16,042M	16,048M	15,562M	14,931M	13,269M	12,602M	12,278M	11,611M	10,130M	10,346M	9,527M	7,119M	7,100M	5,460M	5,027M	5,653M	5,517M	4,892M	2,136M	1,744M	1,651M	1,600M	1,638M	1,434M	1,429M	1,458M	1,175M
Return on Capital Employed	17.59%	16.81%	12.41%	15.19%	18.88%	17.72%	20.51%	15.81%	16.45%	21.17%	10.09%	9.95%	11.63%	5.78%	6.32%	6.34%	13.16%	15.64%	20.31%	32.82%	21.89%	17.02%	27.98%	39.20%	36.93%	28.62%	46.00%	7.02%	3.67%	2.91%	5.67%	2.05%	3.82%	12.73%	15.37%
Invested Capital	13,108M	12,900M	12,230M	10,455M	8,841M	7,395M	12,911M	13,297M	13,117M	12,611M	12,564M	12,872M	11,683M	11,060M	11,241M	10,940M	9,584M	8,066M	6,519M	5,913M	4,454M	4,351M	3,954M	3,889M	4,172M	3,622M	2,505M	1,369M	1,393M	1,393M	1,390M	1,338M	1,167M	1,219M	948M
Return on Invested Capital	21.50%	20.79%	14.89%	19.13%	24.42%	22.04%	26.15%	18.24%	20.11%	26.94%	12.50%	11.54%	13.21%	6.59%	6.91%	6.73%	13.91%	20.07%	29.67%	39.51%	34.89%	21.36%	35.57%	57.00%	48.84%	38.65%	39.22%	8.93%	4.35%	3.34%	6.69%	2.20%	4.68%	15.23%	19.03%

Cash Flow Returns

Metric	3Y Avg	5Y Avg	10Y Avg	15Y Avg	20Y Avg	25Y Avg	TTM	TTM-1	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31
Net Income	2,813M	2,682M	1,868M	1,830M	1,772M	1,470M	3,821M	3,028M	3,377M	2,425M	2,639M	3,397M	1,570M	1,486M	1,543M	729M	777M	736M	1,333M	1,619M	1,935M	2,336M	1,554M	929M	1,407M	2,216M	2,038M	1,400M	982M	122M	61M	47M	93M	29M	55M	186M	181M
Depreciation & Amortization	825M	811M	733M	607M	532M	441M	852M	840M	846M	834M	796M	806M	776M	764M	674M	671M	647M	511M	445M	396M	326M	288M	323M	323M	327M	328M	275M	292M	78M	74M	68M	76M	77M	74M	61M	47M	42M
Return on Depreciation & Amortization	340.49%	329.08%	244.14%	335.70%	382.45%	373.96%	448.46%	360.51%	399.18%	290.93%	331.34%	421.48%	202.48%	194.37%	228.83%	108.55%	120.00%	144.19%	299.54%	408.82%	593.99%	810.98%	480.83%	288.10%	429.76%	675.94%	740.78%	478.97%	1,263.49%	166.23%	89.26%	61.02%	119.97%	39.62%	89.66%	397.64%	433.89%
Deferred Income Tax	2M	-37M	12M	-21M	-19M	-14M	-17M	-18M	-52M	-59M	117M	-126M	-64M	-21M	-50M	642M	-117M	-153M	-234M	-97M	56M	-118M	-40M	41M	-100M	67M	-34M	-42M	6M	24M	4M	-3M	15M	22M	14M	-7M	12M
Return on Deferred Income Tax	-2,774.32%	-2,697.15%	-2,465.33%	-1,949.83%	-1,721.51%	-698.49%	-22,475.88%	-16,636.81%	-6,468.77%	-4,103.55%	2,249.36%	-2,689.71%	-2,473.07%	-7,075.24%	-3,061.51%	113.56%	-663.68%	-480.68%	-570.38%	-1,665.35%	3,466.65%	-1,980.93%	-3,844.19%	2,254.08%	-1,404.98%	3,328.13%	-6,047.55%	-3,312.43%	15,718.40%	518.23%	1,544.77%	-1,431.02%	617.51%	134.86%	379.17%	-2,543.84%	1,504.17%
Stock-Based Compensation	1M	1M	1M	1M	1M	1M	0M	1M	0M	0M	2M	1M	1M	1M	1M	1M	1M	1M	1M	1M	3M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Stock-Based Compensation	54,968.75%	109,404.33%	117,824.56%	116,120.91%	87,090.68%	69,672.55%	0.00%	336,433.33%	0.00%	0.00%	164,906.25%	261,315.38%	120,800.00%	114,292.31%	257,166.67%	121,416.67%	64,708.33%	73,640.00%	222,162.17%	269,752.83%	71,653.04%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Change in Working Capital	-97M	77M	-65M	-81M	-74M	-52M	-58M	-299M	239M	310M	-839M	191M	484M	-347M	23M	-102M	-394M	-210M	-130M	-59M	3M	-422M	41M	-286M	62M	36M	-178M	89M	61M	14M	50M	76M	-4M	-35M	38M	19M	-57M
Return on Change in Working Capital	627.47%	797.71%	912.19%	4,602.14%	3,880.74%	3,112.23%	-6,633.51%	-1,012.00%	1,414.62%	782.32%	-314.52%	1,781.38%	324.73%	-428.18%	6,827.43%	-717.73%	-197.18%	-351.00%	-1,026.15%	-2,738.61%	60,457.25%	-554.18%	3,771.97%	-324.50%	2,273.07%	6,203.54%	-1,141.70%	1,572.25%	1,609.83%	853.78%	120.22%	61.26%	-2,454.23%	-83.76%	144.83%	998.39%	-319.47%
Accounts Receivable	56M	-71M	-65M	-65M	-64M	-51M	-189M	-399M	-49M	253M	-35M	-290M	-236M	-11M	68M	-299M	-143M	92M	-7M	136M	-15M	-136M	-308M	-300M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Accounts Receivable	-4,485.69%	-3,058.95%	-2,716.79%	-4,021.58%	-3,031.69%	-2,425.35%	-2,018.44%	-758.49%	-6,962.27%	958.58%	-7,453.39%	-1,172.22%	-665.42%	-14,150.48%	2,259.15%	-243.89%	-541.87%	803.93%	-18,990.92%	1,189.15%	-13,125.94%	-1,723.64%	-504.43%	-310.18%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Inventory	-41M	21M	-85M	-112M	-89M	-71M	-45M	-69M	-56M	-60M	-8M	5M	224M	-89M	-191M	-202M	-208M	-260M	-260M	-144M	-181M	-204M	-49M	-5M	-3M	-35M	-18M	-43M	-20M	15M	9M	14M	-5M	-21M	20M	10M	-15M
Return on Inventory	-14,766.85%	5,736.10%	2,517.95%	1,209.42%	-3,295.26%	-2,836.28%	-8,416.08%	-4,381.91%	-6,019.07%	-4,015.23%	-34,266.23%	72,278.72%	702.33%	-1,675.08%	-808.70%	-360.82%	-373.50%	-282.90%	-512.56%	-1,127.30%	-1,070.73%	-1,144.04%	-3,183.55%	-20,538.81%	-42,444.18%	-6,399.86%	-11,442.69%	-3,220.99%	-4,851.60%	805.33%	661.73%	334.90%	-1,952.04%	-138.68%	277.16%	1,857.00%	-1,203.33%
Accounts Payable	-60M	138M	113M	112M	80M	64M	-38M	127M	386M	152M	-718M	558M	314M	-185M	117M	501M	31M	-29M	109M	-54M	164M	-184M	520M	-89M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Accounts Payable	700.82%	642.33%	387.36%	153.26%	62.94%	50.35%	-10,081.53%	2,384.17%	875.47%	1,594.48%	-367.48%	608.58%	500.61%	-803.57%	1,322.19%	145.53%	2,545.90%	-2,548.10%	1,219.13%	-3,002.20%	1,176.35%	-1,267.14%	299.13%	-1,040.03%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Other Working Capital	-52M	-11M	-28M	-15M	-1M	7M	215M	42M	-42M	-35M	-78M	-82M	182M	-63M	28M	-102M	-73M	-12M	28M	2M	34M	103M	-121M	107M	65M	70M	-161M	133M	81M	-1M	41M	62M	1M	-14M	18M	9M	-42M
Return on Other Working Capital	-6,114.78%	-4,321.12%	-2,635.07%	3,741.12%	3,104.02%	2,354.45%	1,777.16%	7,192.16%	-7,963.92%	-6,989.05%	-3,391.39%	-4,122.69%	861.44%	-2,362.16%	5,433.10%	-717.73%	-1,062.24%	-6,036.07%	4,787.29%	71,018.74%	5,663.11%	2,278.06%	-1,279.71%	867.66%	2,157.53%	3,150.09%	-1,268.24%	1,056.53%	1,208.75%	-14,189.44%	146.90%	74.98%	9,539.73%	-211.51%	303.33%	2,159.30%	-434.94%
Other Non-Cash Items	47M	32M	93M	22M	13M	6M	8M	51M	1M	63M	78M	10M	9M	22M	715M	33M	8M	-9M	-60M	-94M	-272M	-141M	-28M	-2M	55M	-46M	12M	-95M	-25M	-40M	-41M	2M	2M	0M	4M	29M	-17M
Return on Other Non-Cash Items	163,195.00%	108,720.88%	55,420.80%	36,153.59%	25,865.23%	20,788.62%	47,761.25%	5,948.72%	482,385.71%	3,825.24%	3,374.04%	35,758.95%	18,260.47%	6,662.78%	215.89%	2,200.91%	9,706.25%	-8,182.22%	-2,240.29%	-1,720.00%	-712.05%	-1,661.75%	-5,570.08%	-38,902.51%	2,577.65%	-4,774.36%	17,573.09%	-1,473.03%	-4,009.14%	-307.69%	-147.55%	2,156.14%	4,718.99%	0.00%	1,560.00%	635.96%	-1,037.36%
Net Cash from Operating Activities	3,599M	3,575M	2,580M	2,333M	2,204M	1,821M	4,618M	3,602M	4,422M	3,573M	2,803M	4,292M	2,783M	1,912M	2,235M	1,977M	923M	880M	1,360M	1,867M	1,999M	2,070M	1,899M	963M	1,721M	2,703M	2,059M	1,644M	717M	191M	142M	198M	184M	90M	181M	278M	159M
Return on Net Cash from Operating Activities	79.46%	74.79%	72.54%	80.11%	82.30%	78.55%	82.73%	84.06%	76.37%	67.87%	94.15%	79.14%	56.42%	77.71%	69.03%	36.86%	84.12%	83.70%	98.03%	86.70%	96.80%	112.86%	81.83%	96.49%	81.75%	81.98%	98.94%	85.15%	136.96%	64.04%	42.75%	23.46%	50.61%	32.56%	30.10%	66.89%	113.66%
Capital Expenditures (PPE)	-995M	-894M	-959M	-996M	-855M	-708M	-1,138M	-1,047M	-1,027M	-1,009M	-949M	-892M	-592M	-708M	-1,121M	-1,024M	-1,119M	-1,150M	-1,535M	-1,703M	-1,052M	-646M	-409M	-415M	-517M	-316M	-456M	-471M	-172M	-50M	-77M	-161M	-132M	-250M	-259M	-184M	-121M
Return on Capital Expenditures (PPE)	-282.44%	-298.64%	-204.55%	-210.21%	-254.79%	-243.67%	-335.76%	-289.09%	-328.70%	-240.45%	-278.18%	-380.71%	-265.18%	-210.01%	-137.60%	-71.18%	-69.42%	-64.06%	-86.86%	-95.02%	-183.92%	-361.56%	-380.24%	-224.04%	-272.25%	-701.97%	-447.02%	-297.49%	-572.20%	-245.44%	-78.78%	-28.91%	-70.53%	-11.75%	-21.11%	-100.92%	-149.42%
Acquisitions (Net)	0M	297M	228M	138M	104M	83M	0M	0M	0M	0M	0M	892M	592M	708M	0M	61M	130M	-100M	-311M	0M	152M	-33M	-15M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	1M	0M	50M	0M
Return on Acquisitions (Net)	0.00%	129.18%	190.91%	-992.49%	-744.36%	-595.49%	0.00%	0.00%	0.00%	0.00%	0.00%	380.71%	265.18%	210.01%	0.00%	1,188.42%	598.23%	-733.47%	-428.29%	0.00%	1,269.10%	-7,021.35%	-10,615.83%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	4,900.00%	0.00%	372.14%	0.00%
Purchases of Investments	-636M	-802M	-506M	-395M	-321M	-259M	-358M	-500M	-612M	-809M	-486M	-1,653M	-450M	-284M	-311M	-61M	-130M	-265M	-130M	-74M	-152M	-450M	-52M	0M	0M	-218M	-280M	0M	-69M	0M	0M	0M	0M	-55M	-41M	-205M	0M
Return on Purchases of Investments	-464.83%	-389.75%	-503.27%	-867.26%	-737.69%	-646.76%	-1,067.89%	-605.82%	-551.93%	-299.89%	-542.68%	-205.50%	-348.75%	-522.43%	-496.78%	-1,188.42%	-598.23%	-278.10%	-1,023.00%	-2,187.19%	-1,269.10%	-519.78%	-2,977.11%	0.00%	0.00%	-1,017.15%	-727.71%	0.00%	-1,415.38%	0.00%	0.00%	0.00%	0.00%	-53.45%	-133.50%	-90.76%	0.00%
Sales / Maturities of Investments	716M	769M	537M	411M	329M	264M	0M	688M	966M	418M	765M	1,577M	120M	133M	147M	1M	552M	692M	306M	0M	388M	83M	15M	44M	45M	287M	0M	45M	24M	0M	0M	0M	1M	77M	229M	1M	42M
Return on Sales / Maturities of Investments	425.09%	559.44%	7,805.80%	6,160.66%	5,075.48%	16,047.80%	0.00%	440.23%	349.63%	580.61%	345.04%	215.42%	1,306.49%	1,116.30%	1,047.52%	72,850.00%	140.64%	106.40%	435.15%	0.00%	499.00%	2,826.44%	10,591.23%	2,122.80%	3,112.77%	771.20%	0.00%	3,092.98%	4,069.26%	222,387.27%	0.00%	56,085.54%	17,143.36%	38.13%	23.86%	18,570.00%	434.94%
Other Investing Activities	1M	-296M	-243M	-162M	-117M	-94M	101M	-259M	0M	1M	3M	-897M	-586M	-423M	-12M	4M	114M	-638M	10M	18M	1M	-37M	9M	12M	61M	0M	11M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Other Investing Activities	94,851.04%	56,781.24%	29,151.50%	34,620.28%	68,949.51%	56,231.38%	3,794.34%	-1,169.07%	0.00%	202,100.00%	82,453.13%	-378.80%	-268.12%	-351.50%	-13,417.39%	20,814.29%	678.76%	-115.37%	13,600.38%	9,144.16%	193,463.20%	-6,351.22%	17,932.74%	7,906.26%	2,320.62%	830,112.36%	19,346.75%	0.00%	0.00%	0.00%	26,794.25%	0.00%	0.00%	29,400.00%	54,600.00%	185,700.00%	-180,500.00%
Net Cash from Investing Activities	-913M	-925M	-943M	-1,003M	-861M	-714M	-1,395M	-1,119M	-673M	-1,398M	-667M	-973M	-916M	-574M	-1,296M	-1,019M	-452M	-1,461M	-1,660M	-1,760M	-663M	-1,083M	-452M	-359M	-411M	-246M	-725M	-425M	-217M	-50M	-77M	-161M	-131M	-228M	-71M	-338M	-79M
Return on Net Cash from Investing Activities	-356.88%	-318.26%	-226.29%	-219.08%	-269.92%	-251.03%	-273.88%	-270.71%	-501.51%	-173.43%	-395.70%	-349.17%	-171.48%	-258.85%	-119.04%	-71.49%	-171.79%	-50.40%	-80.29%	-91.98%	-291.71%	-215.72%	-343.66%	-258.67%	-342.36%	-901.05%	-280.94%	-329.15%	-452.81%	-245.71%	-79.01%	-28.92%	-70.82%	-12.92%	-77.23%	-55.01%	-227.33%
Net Debt Issuance	-100M	-140M	207M	333M	247M	189M	-6M	0M	0M	0M	-300M	0M	-400M	987M	0M	0M	0M	1,780M	0M	-10M	1,467M	-15M	1,480M	-10M	-160M	-79M	356M	-158M	-341M	50M	-97M	49M	125M	-12M	-14M	141M	13M
Return on Net Debt Issuance	-293.17%	-254.42%	-108.02%	-2,156.62%	-2,282.74%	-1,823.64%	-61,627.42%	0.00%	0.00%	0.00%	-879.50%	0.00%	-392.60%	150.49%	0.00%	0.00%	0.00%	41.38%	0.00%	-16,185.17%	131.84%	-15,320.81%	105.03%	-9,293.81%	-879.13%	-2,819.85%	572.20%	-884.89%	-288.17%	244.63%	-62.43%	95.43%	74.50%	-251.28%	-398.54%	131.42%	1,421.26%
Long-Term Debt Issuance	-100M	-140M	207M	333M	247M	189M	-6M	0M	0M	0M	-300M	0M	-400M	987M	0M	0M	0M	1,780M	0M	-10M	1,467M	-15M	1,480M	-10M	-160M	-79M	356M	-158M	-341M	50M	-97M	49M	125M	-12M	-14M	141M	13M
Return on Long-Term Debt Issuance	-293.17%	-254.42%	-108.02%	-2,156.62%	-2,282.73%	-1,823.63%	-61,627.42%	0.00%	0.00%	0.00%	-879.50%	0.00%	-392.60%	150.49%	0.00%	0.00%	0.00%	41.38%	0.00%	-16,185.17%	131.84%	-15,320.81%	105.03%	-9,293.81%	-878.99%	-2,819.85%	572.20%	-884.89%	-288.18%	244.63%	-62.43%	95.43%	74.50%	-251.28%	-398.54%	131.42%	1,421.26%
Short-Term Debt Issuance	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Short-Term Debt Issuance	0.00%	0.00%	0.00%	0.00%	281,320.00%	-102,410.67%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	5,626,400.00%	0.00%	0.00%	0.00%	-8,186,666.67%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Stock Issuance	0M	0M	-108M	-164M	-137M	-106M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	-72M	-1,004M	-683M	-281M	-147M	-274M	0M	-72M	-168M	0M	-3M	-38M	-1M	94M	-9M	-1M	-2M	-3M	-7M	-11M	-8M
Return on Net Stock Issuance	0.00%	0.00%	-115.63%	-22,649.44%	-20,462.89%	-19,836.63%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-1,082.98%	-73.32%	-195.25%	-575.17%	-1,313.00%	-853.68%	-335,648.16%	-1,292.55%	-836.18%	0.00%	-63,675.00%	-3,712.41%	-74,480.67%	130.51%	-692.45%	-5,470.15%	-6,145.30%	-918.75%	-840.00%	-1,751.89%	-2,284.81%
Common Stock Issuance	0M	0M	0M	0M	0M	4M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	94M	0M	0M	0M	0M	0M	0M	0M
Return on Common Stock Issuance	0.00%	0.00%	0.00%	0.00%	0.00%	5.22%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	130.51%	0.00%	0.00%	0.00%	14,700.00%	0.00%	0.00%	0.00%
Common Stock Repurchased	0M	0M	-108M	-164M	-148M	-119M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	-72M	-1,004M	-683M	-281M	-147M	-274M	-1M	-72M	-385M	0M	0M	-38M	-1M	-1M	-9M	-1M	-2M	-3M	-7M	-11M	-8M
Return on Common Stock Repurchased	0.00%	0.00%	-115.63%	-20,993.57%	-16,013.71%	-17,212.65%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-1,082.98%	-73.32%	-195.25%	-575.17%	-1,313.00%	-853.68%	-310,810.20%	-1,292.55%	-365.68%	0.00%	0.00%	-3,712.41%	-74,480.67%	-23,253.42%	-692.45%	-5,470.15%	-6,145.30%	-864.71%	-840.00%	-1,751.89%	-2,284.81%
Preferred Stock Issuance	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Preferred Stock Issuance	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Dividends Paid	-2,478M	-2,214M	-1,429M	-1,322M	-1,314M	-1,064M	-2,304M	-1,860M	-1,637M	-3,092M	-2,706M	-2,474M	-1,160M	-1,273M	-1,082M	-456M	-139M	-271M	-381M	-574M	-3,140M	-7M	-1,435M	-376M	-1,711M	-2,002M	-1,509M	-854M	-191M	-45M	-21M	-29M	-27M	-12M	-42M	-104M	-122M
Return on Net Dividends Paid	-127.40%	-130.99%	-190.29%	-2,437.73%	-1,865.25%	-1,554.93%	-165.84%	-162.76%	-206.25%	-78.42%	-97.51%	-137.32%	-135.43%	-116.68%	-142.57%	-159.72%	-557.43%	-271.53%	-349.86%	-282.07%	-61.61%	-33,861.22%	-108.33%	-247.20%	-82.22%	-110.69%	-135.02%	-163.97%	-513.38%	-269.70%	-281.73%	-161.68%	-341.61%	-240.98%	-130.94%	-179.25%	-147.95%
Common Dividends Paid	-2,478M	-2,214M	-1,429M	-1,460M	-1,417M	-1,146M	-2,304M	-1,860M	-1,637M	-3,092M	-2,706M	-2,474M	-1,160M	-1,273M	-1,082M	-456M	-139M	-271M	-381M	-574M	-3,140M	-2,080M	-1,428M	-376M	-1,711M	-2,002M	-1,509M	-854M	-191M	-45M	-21M	-29M	-27M	-12M	-42M	-104M	-122M
Return on Common Dividends Paid	-127.40%	-130.99%	-190.29%	-187.84%	-177.83%	-204.99%	-165.84%	-162.76%	-206.25%	-78.42%	-97.51%	-137.32%	-135.43%	-116.68%	-142.57%	-159.72%	-557.43%	-271.53%	-349.86%	-282.07%	-61.61%	-112.31%	-108.83%	-247.20%	-82.22%	-110.69%	-135.02%	-163.97%	-513.27%	-269.70%	-281.73%	-161.68%	-341.61%	-240.98%	-130.94%	-179.25%	-147.95%
Preferred Dividends Paid	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Preferred Dividends Paid	0.00%	0.00%	0.00%	0.00%	541,000.00%	531,040.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	10,820,000.00%	0.00%	0.00%	0.00%	2,456,000.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Other Financing Activities	-7M	-6M	-2M	137M	101M	77M	480M	-6M	-8M	-9M	-5M	-6M	-4M	24M	-1M	0M	0M	-12M	-1M	0M	2,098M	-6M	-15M	0M	-9M	-7M	-8M	-6M	-7M	-95M	7M	9M	-7M	0M	2M	-15M	-10M
Return on Other Financing Activities	-40,169.41%	-43,206.23%	-9,739.05%	-104,677.72%	-114,012.83%	-91,771.58%	795.36%	-48,837.10%	-42,208.75%	-27,559.09%	-50,740.38%	-53,079.69%	-42,443.24%	6,216.74%	-140,272.73%	0.00%	258,833.33%	-6,136.67%	-166,621.63%	-1,254,664.34%	92.22%	-40,939.62%	-10,642.00%	-615,484.11%	-15,660.21%	-29,762.32%	-24,940.02%	-24,244.16%	-13,998.29%	-129.34%	872.68%	527.25%	-1,305.20%	-14,700.00%	2,275.00%	-1,213.73%	-1,787.13%
Net Cash from Financing Activities	-2,586M	-2,360M	-1,332M	-1,154M	-1,206M	-976M	-1,830M	-1,867M	-1,645M	-3,101M	-3,011M	-2,480M	-1,563M	-262M	-1,083M	-456M	-211M	492M	-1,063M	-860M	278M	-2,375M	37M	-458M	-2,048M	-2,088M	-1,164M	-1,056M	-258M	4M	-132M	28M	89M	-27M	-60M	12M	-128M
Return on Net Cash from Financing Activities	-123.69%	-121.70%	-169.62%	188.91%	107.41%	208.37%	-208.83%	-162.21%	-205.25%	-78.20%	-87.63%	-136.97%	-100.47%	-566.67%	-142.42%	-159.72%	-368.53%	149.61%	-125.35%	-188.16%	695.66%	-98.38%	4,246.04%	-202.91%	-68.68%	-106.13%	-175.00%	-132.64%	-380.22%	3,216.22%	-45.98%	166.44%	104.52%	-107.69%	-91.76%	1,573.73%	-141.46%
Effect of FX on Cash	-15M	-22M	-16M	-10M	-10M	-8M	-99M	71M	3M	8M	-57M	-21M	-46M	5M	-16M	-43M	11M	-1M	55M	-34M	-2M	43M	-63M	-90M	46M	17M	-23M	2M	9M	3M	1M	-2M	-3M	-1M	-2M	2M	2M
Return on Effect of FX on Cash	41,301.68%	20,847.41%	-1,662.74%	-7,211.93%	-1,728.87%	-827.03%	-3,871.23%	4,288.81%	99,314.71%	29,219.28%	-4,628.95%	-16,254.07%	-3,413.91%	30,954.17%	-9,828.03%	-1,706.09%	6,995.50%	-147,280.00%	2,423.59%	-4,774.39%	-92,125.33%	5,383.47%	-2,458.94%	-1,029.18%	3,073.66%	12,764.34%	-8,877.66%	67,670.37%	11,432.56%	4,181.64%	4,420.07%	-2,809.35%	-3,323.21%	-3,266.67%	-3,211.76%	12,380.00%	10,027.78%
Net Change in Cash	85M	267M	289M	166M	127M	123M	1,295M	688M	2,107M	-918M	-932M	818M	259M	1,081M	-160M	459M	272M	-90M	-1,309M	-787M	1,611M	-1,345M	1,420M	56M	-693M	386M	147M	165M	251M	148M	-65M	64M	138M	-165M	50M	-47M	-46M
Return on Net Change in Cash	-128.95%	127.15%	-56.79%	-54.65%	172.92%	159.22%	295.12%	440.29%	160.29%	-264.13%	-283.01%	415.09%	607.50%	137.51%	-963.17%	158.78%	286.00%	-822.79%	-101.85%	-205.71%	120.06%	-173.78%	109.41%	1,672.57%	-203.11%	573.46%	1,388.25%	847.03%	392.09%	82.68%	-92.71%	73.00%	67.09%	-17.79%	110.30%	-397.64%	-389.01%
Cash at Beginning of Period	2,074M	2,066M	1,337M	1,423M	1,304M	1,076M	13,364M	6,246M	1,152M	2,070M	3,002M	2,184M	1,925M	845M	1,005M	546M	275M	364M	1,710M	2,460M	848M	2,193M	772M	717M	1,409M	1,023M	876M	711M	295M	148M	213M	149M	11M	176M	127M	173M	220M
Return on Cash at Beginning of Period	166.10%	147.09%	168.36%	157.55%	161.95%	183.64%	28.59%	48.48%	293.24%	117.18%	87.89%	155.57%	81.57%	175.92%	153.56%	133.42%	282.88%	202.31%	77.93%	65.81%	228.11%	106.56%	201.22%	129.67%	99.81%	216.70%	232.60%	197.00%	332.48%	82.90%	28.45%	31.22%	876.91%	16.71%	43.16%	107.22%	82.19%
Cash at End of Period	2,160M	2,333M	1,626M	1,589M	1,432M	1,199M	14,659M	6,934M	3,258M	1,152M	2,070M	3,002M	2,184M	1,925M	845M	1,005M	546M	275M	402M	1,673M	2,460M	848M	2,193M	772M	717M	1,409M	1,023M	876M	546M	295M	148M	213M	149M	11M	176M	127M	173M
Return on Cash at End of Period	147.24%	125.36%	136.97%	148.22%	152.81%	136.11%	26.07%	43.67%	103.64%	210.61%	127.48%	113.16%	71.92%	77.18%	182.69%	72.50%	142.22%	268.27%	331.83%	96.76%	78.66%	275.49%	70.87%	120.34%	196.25%	157.27%	199.22%	159.83%	179.92%	41.40%	41.04%	21.87%	62.32%	277.36%	31.02%	146.80%	104.21%
Operating Cash Flow	3,599M	3,575M	2,580M	2,333M	2,204M	1,821M	4,618M	3,602M	4,422M	3,573M	2,803M	4,292M	2,783M	1,912M	2,235M	1,977M	923M	880M	1,360M	1,867M	1,999M	2,070M	1,899M	963M	1,721M	2,703M	2,059M	1,644M	717M	191M	142M	198M	184M	90M	181M	278M	159M
Return on Operating Cash Flow	79.46%	74.79%	72.54%	80.11%	82.30%	78.55%	82.73%	84.06%	76.36%	67.87%	94.15%	79.14%	56.42%	77.71%	69.03%	36.86%	84.12%	83.70%	98.03%	86.70%	96.80%	112.86%	81.83%	96.49%	81.75%	81.98%	98.94%	85.15%	136.96%	64.04%	42.75%	23.46%	50.61%	32.56%	30.10%	66.89%	113.66%
Capital Expenditure	-995M	-894M	-959M	-996M	-855M	-708M	-1,138M	-1,047M	-1,027M	-1,009M	-949M	-892M	-592M	-708M	-1,121M	-1,024M	-1,119M	-1,150M	-1,535M	-1,703M	-1,052M	-646M	-409M	-415M	-517M	-316M	-456M	-471M	-172M	-50M	-77M	-161M	-132M	-250M	-259M	-184M	-121M
Return on Capital Expenditure	-282.44%	-298.64%	-204.55%	-210.21%	-254.79%	-243.67%	-335.76%	-289.09%	-328.70%	-240.45%	-278.18%	-380.71%	-265.18%	-210.01%	-137.60%	-71.18%	-69.42%	-64.06%	-86.86%	-95.02%	-183.92%	-361.56%	-380.24%	-224.04%	-272.25%	-701.97%	-447.02%	-297.49%	-572.20%	-245.44%	-78.78%	-28.91%	-70.53%	-11.75%	-21.11%	-100.92%	-149.42%
Free Cash Flow	2,604M	2,681M	1,621M	1,337M	1,349M	1,113M	3,480M	2,555M	3,394M	2,565M	1,854M	3,400M	2,191M	1,204M	1,114M	953M	-195M	-270M	-175M	164M	947M	1,424M	1,491M	548M	1,204M	2,388M	1,604M	1,174M	546M	141M	65M	37M	52M	-160M	-77M	94M	38M
Return on Free Cash Flow	112.12%	101.59%	17.60%	58.39%	75.07%	86.61%	109.79%	118.52%	99.48%	94.57%	142.31%	99.91%	71.67%	123.36%	138.55%	76.43%	-397.39%	-272.94%	-762.13%	989.31%	204.36%	164.07%	104.26%	169.48%	116.83%	92.83%	127.07%	119.30%	180.06%	86.65%	93.48%	124.55%	179.21%	-18.38%	-70.63%	198.40%	475.00%

Free Cash Flow Returns

Metric	3Y Avg	5Y Avg	10Y Avg	15Y Avg	20Y Avg	25Y Avg	TTM	TTM-1	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31
Net Income	2,821M	2,690M	1,874M	1,837M	1,777M	1,458M	3,833M	3,028M	3,389M	2,425M	2,648M	3,411M	1,578M	1,492M	1,548M	732M	779M	741M	1,338M	1,624M	1,941M	2,344M	1,563M	929M	1,407M	2,216M	2,038M	1,400M	597M	119M	61M	47M	93M	29M	55M	186M	181M
EBITDA	5,679M	5,557M	4,229M	3,883M	3,608M	2,989M	7,208M	6,068M	6,538M	5,116M	5,384M	6,860M	3,888M	3,532M	3,541M	3,298M	2,211M	1,924M	2,665M	2,973M	3,476M	3,923M	2,915M	1,825M	2,520M	3,848M	3,367M	2,351M	1,709M	290M	187M	166M	227M	120M	131M	284M	297M
Return on EBITDA	49.47%	47.75%	42.06%	46.31%	48.96%	46.26%	53.18%	49.90%	51.83%	47.40%	49.18%	49.73%	40.58%	42.24%	43.72%	22.21%	35.23%	38.52%	50.20%	54.63%	55.86%	59.75%	53.62%	50.93%	55.81%	57.59%	60.53%	59.56%	34.92%	41.06%	32.41%	28.13%	40.93%	24.55%	41.62%	65.39%	60.73%
(-) Tax Adjustment	2,133M	2,164M	1,749M	1,530M	1,374M	1,133M	2,605M	2,317M	2,407M	1,966M	2,025M	2,762M	1,659M	1,370M	1,434M	2,259M	866M	742M	961M	956M	1,243M	1,256M	1,041M	610M	818M	1,337M	1,074M	692M	522M	120M	68M	52M	74M	30M	42M	65M	91M
Return on (-) Tax Adjustment	131.64%	122.70%	105.27%	123.65%	136.84%	130.23%	147.16%	130.69%	140.76%	123.39%	130.77%	123.50%	95.10%	108.92%	107.98%	32.42%	89.97%	99.92%	139.19%	169.95%	156.18%	186.60%	150.14%	152.25%	172.02%	165.78%	189.70%	202.23%	114.38%	99.41%	89.09%	90.00%	126.10%	98.97%	130.37%	283.78%	197.42%
(-) Change In Working Capital	-97M	77M	-65M	-81M	-74M	-52M	-58M	-299M	239M	310M	-839M	191M	484M	-347M	23M	-102M	-394M	-210M	-130M	-59M	3M	-422M	41M	-286M	62M	36M	-178M	89M	61M	14M	50M	76M	-4M	-35M	38M	19M	-57M
Return on (-) Change In Working Capital	628.76%	800.26%	914.92%	4,618.45%	3,892.97%	3,095.87%	-6,654.34%	-1,012.00%	1,419.61%	782.32%	-315.65%	1,788.78%	326.26%	-429.94%	6,850.44%	-721.58%	-197.77%	-353.24%	-1,029.95%	-2,748.22%	60,668.75%	-556.05%	3,792.96%	-324.50%	2,273.06%	6,203.45%	-1,141.73%	1,572.30%	977.92%	832.27%	120.22%	61.26%	-2,454.23%	-83.76%	144.83%	998.39%	-319.47%
(-) Capital Expenditure	-995M	-894M	-959M	-996M	-855M	-708M	-1,138M	-1,047M	-1,027M	-1,009M	-949M	-892M	-592M	-708M	-1,121M	-1,024M	-1,119M	-1,150M	-1,535M	-1,703M	-1,052M	-646M	-409M	-415M	-517M	-316M	-456M	-471M	-172M	-50M	-77M	-161M	-132M	-250M	-259M	-184M	-121M
Return on (-) Capital Expenditure	-283.16%	-299.64%	-205.28%	-211.00%	-255.39%	-234.91%	-336.81%	-289.09%	-329.85%	-240.45%	-279.18%	-382.29%	-266.43%	-210.87%	-138.06%	-71.56%	-69.63%	-64.47%	-87.18%	-95.36%	-184.56%	-362.78%	-382.36%	-224.04%	-272.25%	-701.96%	-447.03%	-297.50%	-347.59%	-239.26%	-78.78%	-28.91%	-70.53%	-11.75%	-21.11%	-100.92%	-149.42%
Unlevered Free Cash Flow	2,649M	2,423M	1,586M	1,438M	1,453M	1,201M	3,523M	3,003M	2,864M	1,832M	3,250M	3,015M	1,153M	1,801M	963M	116M	621M	243M	299M	373M	1,178M	2,442M	1,424M	1,086M	1,124M	2,160M	2,015M	1,099M	955M	106M	-8M	-123M	25M	-125M	-207M	16M	141M
Return on Unlevered Free Cash Flow	110.73%	116.43%	188.57%	209.21%	184.00%	138.40%	108.81%	100.82%	118.31%	132.38%	81.48%	113.15%	136.83%	82.82%	160.76%	628.92%	125.49%	305.51%	446.91%	434.97%	164.87%	95.98%	109.76%	85.59%	125.13%	102.61%	101.12%	127.42%	62.51%	112.15%	-723.02%	-37.77%	366.03%	-23.49%	-26.37%	1,163.45%	127.59%
(-) Net Interest Income After Taxes	-155M	-175M	-162M	-142M	-117M	-98M	-112M	-133M	-128M	-148M	-190M	-209M	-199M	-196M	-155M	-95M	-173M	-123M	-79M	-120M	-101M	-117M	-98M	-61M	-34M	-71M	-24M	-29M	-67M	-6M	-12M	-11M	-8M	-5M	0M	0M	0M
Return on (-) Net Interest Income After Taxes	-1,892.48%	-1,620.34%	-1,168.95%	-1,350.25%	-2,119.10%	-1,896.43%	-3,417.83%	-2,284.46%	-2,646.18%	-1,640.22%	-1,391.05%	-1,632.01%	-792.23%	-762.82%	-996.44%	-773.98%	-451.30%	-603.30%	-1,697.42%	-1,355.30%	-1,922.51%	-1,997.01%	-1,591.99%	-1,534.30%	-4,098.61%	-3,130.16%	-8,481.14%	-4,884.09%	-896.63%	-2,072.19%	-516.46%	-429.72%	-1,113.62%	-610.94%	0.00%	0.00%	0.00%
Net Debt Issuance	-100M	-140M	207M	333M	247M	189M	-6M	0M	0M	0M	-300M	0M	-400M	987M	0M	0M	0M	1,780M	0M	-10M	1,467M	-15M	1,480M	-10M	-160M	-79M	356M	-158M	-341M	50M	-97M	49M	125M	-12M	-14M	141M	13M
Return on Net Debt Issuance	-294.22%	-255.42%	-108.44%	-2,164.06%	-2,288.32%	-1,823.82%	-61,820.97%	0.00%	0.00%	0.00%	-882.67%	0.00%	-394.45%	151.11%	0.00%	0.00%	0.00%	41.64%	0.00%	-16,242.00%	132.30%	-15,372.46%	105.61%	-9,293.81%	-879.12%	-2,819.81%	572.21%	-884.92%	-175.05%	238.46%	-62.43%	95.43%	74.50%	-251.28%	-398.54%	131.42%	1,421.26%
Levered Free Cash Flow	2,704M	2,458M	1,954M	1,913M	1,817M	1,488M	3,629M	3,136M	2,992M	1,980M	3,140M	3,224M	952M	2,984M	1,118M	211M	793M	2,145M	378M	483M	2,746M	2,545M	3,002M	1,136M	998M	2,152M	2,395M	969M	680M	162M	-94M	-64M	158M	-132M	-221M	157M	154M
Return on Levered Free Cash Flow	106.69%	118.31%	125.97%	144.30%	135.98%	112.07%	105.63%	96.56%	113.25%	122.49%	84.33%	105.81%	165.68%	49.99%	138.43%	346.97%	98.19%	34.55%	353.77%	336.11%	70.70%	92.13%	52.06%	81.79%	140.88%	102.98%	85.07%	144.45%	87.71%	73.57%	-64.67%	-73.16%	58.64%	-22.26%	-24.73%	118.08%	117.08%