American Funds Retirement Income Portfolio - Moderate Class F-1 (FBFWX)

Category: Company Returns Sector: Financial Services Industry: Asset Management - Income Live Price: $13.90

Income Returns

Metric	3Y Avg	5Y Avg	10Y 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
Net Income	2,748M	4,981M	4,832M	3,151M	3,836M	5,879M	4,347M	-1,981M	17,937M	-1,279M	47M	3,677M	7,731M	4,589M	7,373M	1,231M	11,953M	5,139M
Revenue	173,080M	156,545M	155,710M	185,250M	180,348M	184,992M	176,191M	158,057M	136,341M	127,144M	155,900M	160,338M	156,776M	151,800M	149,558M	144,077M	146,917M	122,279M
Return on Revenue	1.46%	3.31%	3.17%	1.70%	2.13%	3.18%	2.47%	-1.25%	13.16%	-1.01%	0.03%	2.29%	4.93%	3.02%	4.93%	0.85%	8.14%	4.20%
Cost of Revenue	156,772M	142,271M	140,644M	171,838M	165,928M	169,444M	160,031M	140,842M	119,903M	121,135M	143,024M	145,503M	140,218M	134,933M	131,410M	131,526M	126,066M	108,328M
Return on Cost of Revenue	1.59%	3.74%	3.58%	1.83%	2.31%	3.47%	2.72%	-1.41%	14.96%	-1.06%	0.03%	2.53%	5.51%	3.40%	5.61%	0.94%	9.48%	4.74%
Gross Profit	16,308M	14,274M	15,065M	13,412M	14,420M	15,548M	16,160M	17,215M	16,438M	6,009M	12,876M	14,835M	16,558M	16,867M	18,148M	12,551M	20,851M	13,951M
Return on Gross Profit	17.73%	28.21%	28.07%	23.49%	26.60%	37.81%	26.90%	-11.51%	109.12%	-21.28%	0.37%	24.79%	46.69%	27.21%	40.63%	9.81%	57.33%	36.84%
R&D Expenses	8,000M	7,740M	7,630M	8,000M	8,200M	8,000M	8,200M	7,800M	7,600M	7,100M	7,400M	8,200M	8,000M	7,300M	6,700M	6,700M	6,200M	5,035M
Return on R&D Expenses	33.70%	63.82%	63.41%	39.39%	46.78%	73.49%	53.01%	-25.40%	236.01%	-18.01%	0.64%	44.84%	96.64%	62.86%	110.04%	18.37%	192.79%	102.05%
SG&A Expenses	10,097M	10,027M	10,524M	10,325M	10,751M	10,348M	10,799M	9,143M	9,721M	10,124M	12,763M	9,781M	9,962M	12,504M	10,097M	11,842M	7,671M	8,277M
Return on SG&A Expenses	25.13%	49.46%	47.26%	30.52%	35.68%	56.81%	40.25%	-21.67%	184.52%	-12.63%	0.37%	37.59%	77.60%	36.70%	73.02%	10.40%	155.82%	62.08%
Operating Expenses	13,540M	12,590M	10,994M	10,471M	10,539M	10,329M	10,702M	19,588M	11,915M	10,417M	12,970M	9,761M	7,552M	9,350M	7,356M	10,822M	5,814M	6,554M
Return on Operating Expenses	29.14%	45.14%	51.54%	30.09%	36.40%	56.92%	40.62%	-10.11%	150.54%	-12.28%	0.36%	37.67%	102.37%	49.08%	100.23%	11.37%	205.59%	78.40%
Operating Income (EBIT)	6,250M	3,773M	4,304M	2,941M	4,203M	5,219M	5,458M	8,072M	4,523M	-4,408M	113M	5,054M	6,596M	4,363M	8,051M	709M	13,180M	5,674M
Return on Operating Income (EBIT)	55.92%	118.67%	102.17%	107.14%	91.27%	112.65%	79.64%	-24.54%	396.57%	29.02%	41.59%	72.75%	117.21%	105.18%	91.58%	173.62%	90.69%	90.58%
Interest Income	432M	807M	741M	316M	365M	404M	249M	643M	1,542M	1,199M	546M	717M	825M	746M	541M	492M	593M	404M
Return on Interest Income	964.30%	789.89%	738.65%	997.15%	1,050.96%	1,455.20%	1,745.78%	-308.09%	1,163.23%	-106.67%	8.61%	513.16%	936.80%	614.78%	1,363.72%	250.35%	2,015.43%	1,272.79%
Interest Expense	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Interest Expense	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 Interest Income	3M	-546M	-219M	316M	353M	404M	249M	-643M	-1,542M	-1,199M	546M	0M	0M	0M	0M	0M	0M	0M
Return on Net Interest Income	1,169.69%	490.50%	246.11%	997.15%	1,086.69%	1,455.20%	1,745.78%	308.09%	-1,163.23%	106.67%	8.61%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Unusual Items	3,090M	-2,004M	-1,812M	-1,720M	268M	-2,418M	1,242M	10,445M	-14,799M	-4,491M	207M	-8M	-2,388M	-3,167M	-2,742M	-1,017M	-1,784M	-1,723M
Return on Unusual Items	29.30%	-0.97%	-4,952.44%	-183.20%	1,431.34%	-243.13%	350.00%	-18.97%	-121.20%	28.48%	22.71%	-48,804.77%	-323.71%	-144.88%	-268.93%	-121.08%	-669.98%	-298.25%
EBT Excluding Unusual Items	-362M	6,974M	7,187M	6,065M	3,302M	9,651M	2,725M	-13,461M	32,579M	3,375M	-847M	4,353M	10,547M	9,951M	12,994M	2,251M	16,155M	8,716M
Return on EBT Excluding Unusual Items	78.39%	50.46%	50.74%	51.95%	116.17%	60.92%	159.52%	14.72%	55.06%	-37.90%	-5.55%	84.48%	73.30%	46.11%	56.74%	54.69%	73.99%	58.96%
Pre-Tax Income	2,728M	4,970M	5,375M	4,345M	3,570M	7,233M	3,967M	-3,016M	17,780M	-1,116M	-640M	4,345M	8,159M	6,784M	10,252M	1,234M	14,371M	6,993M
Return on Pre-Tax Income	85.51%	94.41%	78.36%	72.52%	107.45%	81.28%	109.58%	65.68%	100.88%	114.61%	-7.34%	84.63%	94.75%	67.64%	71.92%	99.76%	83.17%	73.49%
Income Tax Expense	38M	29M	554M	1,174M	477M	1,339M	-362M	-864M	-130M	160M	-724M	650M	402M	2,184M	2,881M	4M	2,425M	1,855M
Return on Income Tax Expense	-177.50%	-3,025.91%	-1,218.12%	268.40%	804.19%	439.06%	-1,200.83%	229.28%	-13,797.69%	-799.38%	-6.49%	565.69%	1,923.13%	210.12%	255.92%	30,775.00%	492.91%	277.05%
Depreciation and Amortization	6,261M	6,411M	7,421M	5,662M	6,258M	5,867M	6,456M	6,461M	5,960M	7,312M	8,490M	8,413M	8,572M	8,717M	7,966M	7,423M	6,544M	4,852M
Return on Depreciation and Amortization	45.63%	84.07%	70.00%	55.65%	61.30%	100.20%	67.33%	-30.66%	300.96%	-17.49%	0.55%	43.71%	90.19%	52.64%	92.56%	16.58%	182.66%	105.91%
EBITDA	12,472M	10,658M	11,963M	8,749M	9,927M	11,067M	11,817M	14,533M	12,677M	3,197M	8,603M	13,467M	15,168M	13,080M	16,017M	8,132M	19,724M	10,526M
Return on EBITDA	25.43%	35.55%	33.77%	36.02%	38.64%	53.12%	36.79%	-13.63%	141.49%	-40.01%	0.55%	27.30%	50.97%	35.08%	46.03%	15.14%	60.60%	48.82%
NOPAT	5,323M	3,097M	3,479M	2,146M	3,641M	4,253M	5,956M	5,760M	4,556M	-5,040M	-15M	4,298M	6,271M	2,958M	5,789M	707M	10,956M	4,169M
Return on NOPAT	58.94%	119.18%	77.03%	146.81%	105.34%	138.24%	72.98%	-34.39%	393.69%	25.38%	-316.90%	85.55%	123.28%	155.12%	127.37%	174.19%	109.10%	123.28%
Owner's Earnings	1,081M	4,241M	5,013M	417M	1,460M	3,062M	2,567M	-2,386M	17,670M	291M	905M	4,305M	9,254M	6,314M	8,143M	1,191M	11,900M	4,967M
Return on Owner's Earnings	148.12%	21.27%	44.37%	755.64%	262.74%	192.00%	169.34%	83.03%	101.51%	-439.52%	5.19%	85.41%	83.54%	72.68%	90.54%	103.36%	100.45%	103.47%

Balance Sheet Returns

Metric	3Y Avg	5Y Avg	10Y 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
Net Income	2,748M	4,981M	4,832M	5,879M	4,347M	-1,981M	17,937M	-1,279M	47M	3,677M	7,731M	4,589M	7,373M	1,231M	11,953M	5,139M
Cash & Cash Equivalents	14,203M	12,616M	10,078M	13,663M	14,204M	14,741M	9,577M	10,894M	8,437M	7,111M	8,934M	7,828M	5,386M	4,567M	4,959M	5,719M
Return on Cash & Cash Equivalents	20.06%	47.15%	57.01%	43.03%	30.60%	-13.44%	187.29%	-11.74%	0.56%	51.71%	86.53%	58.62%	136.89%	26.95%	241.04%	89.85%
Short-Term Investments	15,557M	18,682M	17,856M	14,707M	14,520M	17,443M	26,880M	19,858M	13,851M	15,925M	17,554M	19,642M	18,181M	17,135M	20,157M	16,643M
Return on Short-Term Investments	19.52%	23.77%	25.02%	39.97%	29.94%	-11.36%	66.73%	-6.44%	0.34%	23.09%	44.04%	23.36%	40.55%	7.18%	59.30%	30.88%
Cash & Short-Term Investments	29,759M	31,297M	27,934M	28,370M	28,724M	32,184M	36,457M	30,752M	22,288M	23,036M	26,488M	27,470M	23,567M	21,702M	25,116M	22,362M
Return on Cash & Short-Term Investments	9.90%	14.95%	16.81%	20.72%	15.13%	-6.16%	49.20%	-4.16%	0.21%	15.96%	29.19%	16.71%	31.29%	5.67%	47.59%	22.98%
Net Receivables	9,123M	9,746M	10,191M	5,868M	5,771M	15,729M	11,370M	9,993M	9,237M	11,195M	10,599M	11,102M	11,042M	6,678M	6,493M	5,584M
Return on Net Receivables	54.31%	61.58%	52.23%	100.19%	75.32%	-12.59%	157.76%	-12.80%	0.51%	32.85%	72.94%	41.33%	66.77%	18.43%	184.09%	92.03%
Inventory	14,894M	13,511M	11,795M	14,951M	15,651M	14,080M	12,065M	10,808M	10,786M	11,220M	11,176M	8,898M	8,319M	7,870M	7,708M	6,740M
Return on Inventory	17.68%	37.97%	43.24%	39.32%	27.77%	-14.07%	148.67%	-11.83%	0.44%	32.77%	69.18%	51.57%	88.63%	15.64%	155.07%	76.24%
Other Current Assets	67,034M	63,080M	64,552M	75,285M	71,335M	54,483M	49,104M	65,191M	71,736M	69,198M	68,538M	60,991M	59,659M	96,106M	92,848M	80,451M
Return on Other Current Assets	3.42%	8.97%	8.14%	7.81%	6.09%	-3.64%	36.53%	-1.96%	0.07%	5.31%	11.28%	7.52%	12.36%	1.28%	12.87%	6.39%
Total Current Assets	120,810M	117,634M	114,472M	124,474M	121,481M	116,476M	108,996M	116,744M	114,047M	114,649M	116,801M	108,461M	102,587M	132,356M	132,165M	115,137M
Return on Total Current Assets	2.20%	4.39%	4.32%	4.72%	3.58%	-1.70%	16.46%	-1.10%	0.04%	3.21%	6.62%	4.23%	7.19%	0.93%	9.04%	4.46%
Property, Plant & Equipment	41,390M	40,703M	38,366M	42,903M	41,603M	39,663M	39,670M	39,674M	39,496M	37,883M	36,901M	33,692M	32,177M	31,494M	28,876M	24,013M
Return on Property, Plant & Equipment	6.39%	12.23%	12.85%	13.70%	10.45%	-4.99%	45.22%	-3.22%	0.12%	9.71%	20.95%	13.62%	22.91%	3.91%	41.39%	21.40%
Goodwill	429M	433M	284M	0M	683M	603M	619M	258M	278M	264M	75M	50M	6M	0M	0M	0M
Return on Goodwill	102.64%	541.99%	14,648.90%	0.00%	636.46%	-328.52%	2,897.74%	-495.74%	16.91%	1,392.80%	10,308.00%	9,178.00%	122,883.33%	0.00%	0.00%	0.00%
Intangible Assets	55M	84M	132M	0M	80M	86M	111M	144M	188M	178M	213M	198M	124M	133M	85M	80M
Return on Intangible Assets	1,043.42%	3,680.31%	3,238.55%	0.00%	5,433.75%	-2,303.49%	16,159.46%	-888.19%	25.00%	2,065.73%	3,629.58%	2,317.68%	5,945.97%	925.56%	14,062.35%	6,451.72%
Long-Term Investments	5,101M	5,470M	4,424M	6,691M	5,431M	3,182M	5,445M	6,601M	3,719M	2,959M	3,448M	3,523M	3,244M	3,216M	3,546M	2,849M
Return on Long-Term Investments	35.22%	83.14%	112.30%	87.86%	80.04%	-62.26%	329.42%	-19.38%	1.26%	124.26%	224.22%	130.26%	227.28%	38.28%	337.08%	180.37%
Tax Assets	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Tax Assets	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 Non-Current Assets	103,678M	103,414M	99,836M	111,128M	104,032M	95,874M	102,194M	103,840M	100,809M	100,607M	101,058M	92,027M	86,787M	41,416M	37,507M	-26,942M
Return on Other Non-Current Assets	2.47%	4.74%	4.86%	5.29%	4.18%	-2.07%	17.55%	-1.23%	0.05%	3.65%	7.65%	4.99%	8.50%	2.97%	31.87%	-19.07%
Other Assets	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	31,330M
Return on Other Assets	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%	16.40%
Total Non-Current Assets	150,653M	150,103M	143,042M	160,722M	151,829M	139,408M	148,039M	150,517M	144,490M	141,891M	141,695M	129,490M	122,338M	76,259M	70,014M	26,942M
Return on Total Non-Current Assets	1.70%	3.27%	3.40%	3.66%	2.86%	-1.42%	12.12%	-0.85%	0.03%	2.59%	5.46%	3.54%	6.03%	1.61%	17.07%	19.07%
Total Assets	271,463M	267,737M	257,514M	285,196M	273,310M	255,884M	257,035M	267,261M	258,537M	256,540M	258,496M	237,951M	224,925M	208,615M	202,179M	173,409M
Return on Total Assets	0.96%	1.88%	1.90%	2.06%	1.59%	-0.77%	6.98%	-0.48%	0.02%	1.43%	2.99%	1.93%	3.28%	0.59%	5.91%	2.96%
Accounts Payable	24,621M	23,683M	22,546M	23,167M	25,092M	25,605M	22,349M	22,204M	20,673M	21,520M	23,282M	21,296M	20,272M	18,876M	18,035M	16,059M
Return on Accounts Payable	11.65%	21.89%	21.79%	25.38%	17.32%	-7.74%	80.26%	-5.76%	0.23%	17.09%	33.21%	21.55%	36.37%	6.52%	66.28%	32.00%
Short-Term Debt	917M	1,436M	1,867M	1,662M	445M	644M	3,099M	1,328M	1,353M	2,314M	3,356M	2,685M	1,779M	2,501M	1,257M	0M
Return on Short-Term Debt	340.99%	301.09%	248.36%	353.73%	976.85%	-307.61%	578.80%	-96.31%	3.47%	158.90%	230.36%	170.91%	414.45%	49.22%	950.91%	0.00%
Tax Payables	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Tax Payables	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 Revenue	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%
Other Current Liabilities	74,502M	71,009M	68,085M	81,378M	75,481M	66,647M	61,749M	69,792M	72,145M	68,449M	64,667M	63,261M	57,280M	51,606M	50,661M	50,456M
Return on Other Current Liabilities	3.34%	7.45%	7.47%	7.22%	5.76%	-2.97%	29.05%	-1.83%	0.07%	5.37%	11.96%	7.25%	12.87%	2.39%	23.59%	10.18%
Total Current Liabilities	101,752M	98,635M	95,409M	106,859M	101,531M	96,866M	90,727M	97,192M	98,132M	95,569M	94,600M	90,281M	82,336M	75,960M	72,635M	66,516M
Return on Total Current Liabilities	2.58%	5.24%	5.23%	5.50%	4.28%	-2.05%	19.77%	-1.32%	0.05%	3.85%	8.17%	5.08%	8.95%	1.62%	16.46%	7.73%
Long-Term Debt	18,587M	18,947M	15,764M	18,187M	18,861M	18,712M	16,711M	22,265M	13,618M	11,833M	13,174M	13,222M	11,060M	11,323M	14,426M	11,783M
Return on Long-Term Debt	14.93%	29.28%	33.79%	32.33%	23.05%	-10.59%	107.34%	-5.74%	0.35%	31.07%	58.68%	34.71%	66.66%	10.87%	82.86%	43.61%
Capital Lease Obligations	2,579M	2,285M	1,302M	3,145M	2,514M	2,079M	1,958M	1,728M	1,591M	0M	0M	0M	0M	0M	0M	0M
Return on Capital Lease Obligations	88.19%	221.33%	110.96%	186.93%	172.91%	-95.29%	916.09%	-74.02%	2.95%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Deferred Tax Liabilities	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Deferred Tax Liabilities	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 Non-Current Liabilities	105,489M	106,308M	108,000M	112,799M	108,119M	95,550M	99,438M	115,634M	112,425M	113,072M	115,018M	105,165M	102,778M	96,525M	88,642M	-11,783M
Return on Other Non-Current Liabilities	2.39%	4.82%	4.56%	5.21%	4.02%	-2.07%	18.04%	-1.11%	0.04%	3.25%	6.72%	4.36%	7.17%	1.28%	13.48%	-43.61%
Total Non-Current Liabilities	126,104M	127,051M	124,775M	133,479M	128,981M	115,851M	117,686M	139,258M	127,175M	124,905M	128,192M	118,387M	113,838M	107,848M	103,068M	11,783M
Return on Total Non-Current Liabilities	2.02%	4.08%	3.98%	4.40%	3.37%	-1.71%	15.24%	-0.92%	0.04%	2.94%	6.03%	3.88%	6.48%	1.14%	11.60%	43.61%
Total Liabilities	227,856M	225,686M	220,185M	240,338M	230,512M	212,717M	208,413M	236,450M	225,307M	220,474M	222,792M	208,668M	196,174M	183,808M	175,703M	158,475M
Return on Total Liabilities	1.13%	2.29%	2.26%	2.45%	1.89%	-0.93%	8.61%	-0.54%	0.02%	1.67%	3.47%	2.20%	3.76%	0.67%	6.80%	3.24%
Preferred Stock	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%
Common Stock	42M	42M	41M	42M	42M	42M	41M	41M	41M	41M	41M	41M	41M	40M	40M	37M
Return on Common Stock	6,543.65%	12,052.04%	11,737.49%	13,997.62%	10,350.00%	-4,716.67%	43,748.78%	-3,119.51%	114.63%	8,968.29%	18,856.10%	11,192.68%	17,982.93%	3,077.50%	29,882.50%	14,032.50%
Retained Earnings	32,174M	30,107M	24,548M	33,740M	31,029M	31,754M	35,769M	18,243M	20,320M	22,668M	21,906M	15,634M	14,414M	9,422M	23,386M	16,550M
Return on Retained Earnings	8.40%	13.67%	20.06%	17.42%	14.01%	-6.24%	50.15%	-7.01%	0.23%	16.22%	35.29%	29.35%	51.15%	13.07%	51.11%	31.05%
Accumulated OCI	-9,340M	-8,931M	-7,998M	-9,639M	-9,042M	-9,339M	-8,339M	-8,294M	-7,728M	-7,366M	-6,959M	-7,013M	-6,257M	-5,265M	-18,230M	0M
Return on Accumulated OCI	-29.29%	-57.51%	-63.24%	-60.99%	-48.08%	21.21%	-215.10%	15.42%	-0.61%	-49.92%	-111.09%	-65.44%	-117.84%	-23.38%	-65.57%	0.00%
Minority Interest	-9M	39M	72M	23M	25M	-75M	103M	121M	45M	134M	126M	113M	109M	369M	364M	333M
Return on Minority Interest	15,196.73%	12,389.55%	8,175.72%	25,560.87%	17,388.00%	2,641.33%	17,414.56%	-1,057.02%	104.44%	2,744.03%	6,135.71%	4,061.06%	6,764.22%	333.60%	3,283.79%	1,542.03%
Total Shareholders’ Equity	43,617M	42,012M	37,257M	44,835M	42,773M	43,242M	48,519M	30,690M	33,185M	35,932M	35,578M	29,170M	28,642M	24,438M	26,112M	14,600M
Return on Total Shareholders’ Equity	6.23%	10.30%	12.51%	13.11%	10.16%	-4.58%	36.97%	-4.17%	0.14%	10.23%	21.73%	15.73%	25.74%	5.04%	45.78%	35.20%
Total Equity	43,608M	42,051M	37,329M	44,858M	42,798M	43,167M	48,622M	30,811M	33,230M	36,066M	35,704M	29,283M	28,751M	24,807M	26,476M	14,933M
Return on Total Equity	6.22%	10.28%	12.47%	13.11%	10.16%	-4.59%	36.89%	-4.15%	0.14%	10.20%	21.65%	15.67%	25.64%	4.96%	45.15%	34.41%
Total Liabilities & Equity	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%
Total Investments	20,658M	24,152M	22,280M	21,398M	19,951M	20,625M	32,325M	26,459M	17,570M	18,884M	21,002M	23,165M	21,425M	20,351M	23,703M	19,492M
Return on Total Investments	13.22%	18.06%	20.11%	27.47%	21.79%	-9.60%	55.49%	-4.83%	0.27%	19.47%	36.81%	19.81%	34.41%	6.05%	50.43%	26.36%
Net Debt	7,880M	10,052M	8,855M	9,331M	7,616M	6,694M	12,191M	14,427M	8,125M	7,036M	7,596M	8,079M	7,453M	9,257M	10,724M	-5,719M
Return on Net Debt	30.16%	45.75%	53.91%	63.01%	57.08%	-29.59%	147.13%	-8.87%	0.58%	52.26%	101.78%	56.80%	98.93%	13.30%	111.46%	-89.85%

Capital Returns

Metric	3Y Avg	5Y Avg	10Y 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
Net Income	2,748M	4,981M	4,832M	5,879M	4,347M	-1,981M	17,937M	-1,279M	47M	3,677M	7,731M	4,589M	7,373M	1,231M	11,953M	5,139M
Working Capital	19,058M	18,999M	19,062M	17,615M	19,950M	19,610M	18,269M	19,552M	15,915M	19,080M	22,201M	18,180M	20,251M	56,396M	59,530M	48,622M
Return on Working Capital	15.02%	27.34%	25.27%	33.37%	21.79%	-10.10%	98.18%	-6.54%	0.30%	19.27%	34.82%	25.24%	36.41%	2.18%	20.08%	10.57%
Total Capital	65,700M	64,679M	56,189M	67,829M	64,593M	64,677M	70,287M	56,011M	49,747M	50,079M	52,108M	45,077M	41,481M	38,262M	41,795M	26,383M
Return on Total Capital	4.11%	7.11%	8.58%	8.67%	6.73%	-3.06%	25.52%	-2.28%	0.09%	7.34%	14.84%	10.18%	17.77%	3.22%	28.60%	19.48%
Capital Employed	169,711M	169,102M	162,104M	178,337M	171,779M	159,018M	166,308M	170,069M	160,405M	160,971M	163,896M	147,670M	142,589M	132,655M	129,544M	106,893M
Return on Capital Employed	1.53%	2.92%	2.99%	3.30%	2.53%	-1.25%	10.79%	-0.75%	0.03%	2.28%	4.72%	3.11%	5.17%	0.93%	9.23%	4.81%
Invested Capital	51,497M	52,064M	46,111M	54,166M	50,389M	49,936M	60,710M	45,117M	41,310M	42,968M	43,174M	37,249M	36,095M	33,695M	36,836M	20,664M
Return on Invested Capital	5.17%	8.44%	10.15%	10.85%	8.63%	-3.97%	29.55%	-2.83%	0.11%	8.56%	17.91%	12.32%	20.43%	3.65%	32.45%	24.87%

Cash Flow Returns

Metric	3Y Avg	5Y Avg	10Y 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
Net Income	2,748M	4,981M	4,832M	3,151M	3,836M	5,879M	4,347M	-1,981M	17,937M	-1,279M	47M	3,677M	7,731M	4,589M	7,373M	1,231M	11,953M	5,139M
Depreciation & Amortization	6,261M	6,411M	7,421M	5,662M	6,325M	5,867M	6,456M	6,461M	5,960M	7,312M	8,490M	8,413M	8,572M	8,717M	7,966M	7,423M	6,544M	4,852M
Return on Depreciation & Amortization	45.63%	84.07%	70.00%	55.65%	60.65%	100.20%	67.33%	-30.66%	300.96%	-17.49%	0.55%	43.71%	90.19%	52.64%	92.56%	16.58%	182.66%	105.91%
Deferred Income Tax	1,055M	1,110M	1,973M	0M	-1,694M	0M	0M	3,165M	2,387M	0M	370M	2,827M	2,943M	3,511M	4,524M	3,628M	1,951M	3,451M
Return on Deferred Income Tax	-20.86%	137.80%	138.81%	0.00%	-226.48%	0.00%	0.00%	-62.59%	751.58%	0.00%	12.72%	130.08%	262.65%	130.69%	162.96%	33.93%	612.63%	148.93%
Stock-Based Compensation	436M	359M	287M	511M	385M	511M	460M	336M	303M	187M	228M	191M	246M	210M	199M	180M	159M	128M
Return on Stock-Based Compensation	501.97%	1,348.35%	1,772.04%	616.63%	996.36%	1,150.49%	945.00%	-589.58%	5,919.80%	-683.96%	20.61%	1,925.13%	3,142.68%	2,185.24%	3,705.03%	683.89%	7,517.61%	4,009.29%
Change in Working Capital	-9,918M	-2,566M	-2,984M	-3,505M	-7,359M	-6,769M	-8,666M	-14,319M	4,737M	12,189M	944M	-5,475M	-4,103M	-3,658M	-4,718M	-3,832M	-2,350M	-3,579M
Return on Change in Working Capital	-41.06%	49.00%	-28.73%	-89.90%	-52.13%	-86.85%	-50.16%	13.83%	378.66%	-10.49%	4.98%	-67.16%	-188.42%	-125.45%	-156.27%	-32.12%	-508.64%	-143.59%
Accounts Receivable	-2,100M	-1,501M	-1,927M	-4,394M	-2,430M	-2,497M	-2,620M	-1,183M	-1,141M	-63M	-816M	-2,239M	-2,297M	-2,855M	-3,563M	-2,896M	-1,913M	-2,296M
Return on Accounts Receivable	-77.97%	44.84%	-65.00%	-71.71%	-157.86%	-235.44%	-165.92%	167.46%	-1,572.04%	2,030.16%	-5.76%	-164.23%	-336.57%	-160.74%	-206.93%	-42.51%	-624.83%	-223.80%
Inventory	-1,256M	-1,080M	-895M	396M	290M	27M	-1,219M	-2,576M	-1,778M	148M	206M	-828M	-970M	-803M	-1,155M	-936M	-437M	-1,283M
Return on Inventory	7,164.79%	3,924.27%	1,719.32%	795.71%	1,322.76%	21,774.07%	-356.60%	76.90%	-1,008.83%	-864.19%	22.82%	-444.08%	-797.01%	-571.48%	-638.35%	-131.52%	-2,735.24%	-400.64%
Accounts Payable	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Accounts Payable	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 Working Capital	-6,562M	15M	-162M	493M	-5,219M	-4,299M	-4,827M	-10,560M	7,656M	12,104M	1,554M	-2,408M	-836M	0M	0M	0M	0M	0M
Return on Other Working Capital	-69.35%	3.13%	-105.88%	639.15%	-73.50%	-136.75%	-90.06%	18.76%	234.29%	-10.57%	3.02%	-152.70%	-924.76%	0.00%	0.00%	0.00%	0.00%	0.00%
Other Non-Cash Items	10,726M	5,631M	6,498M	12,707M	9,381M	9,935M	12,321M	9,921M	-9,882M	5,860M	7,560M	8,216M	5,650M	9,992M	5,406M	9,505M	-5,862M	-1,710M
Return on Other Non-Cash Items	24.83%	-25.77%	23.57%	24.80%	40.89%	59.17%	35.28%	-19.97%	-181.52%	-21.83%	0.62%	44.75%	136.83%	45.93%	136.39%	12.95%	-203.91%	-300.48%
Net Cash from Operating Activities	12,398M	15,450M	16,408M	18,526M	13,976M	15,423M	14,918M	6,853M	15,787M	24,269M	17,639M	15,022M	18,096M	19,850M	16,226M	14,507M	10,444M	8,281M
Return on Net Cash from Operating Activities	12.78%	29.34%	28.27%	17.01%	27.45%	38.12%	29.14%	-28.91%	113.62%	-5.27%	0.27%	24.48%	42.72%	23.12%	45.44%	8.49%	114.45%	62.06%
Capital Expenditures (PPE)	-7,929M	-7,151M	-7,241M	-8,396M	-8,701M	-8,684M	-8,236M	-6,866M	-6,227M	-5,742M	-7,632M	-7,785M	-7,049M	-6,992M	-7,196M	-7,463M	-6,597M	-5,024M
Return on Capital Expenditures (PPE)	-30.54%	-71.48%	-68.30%	-37.53%	-44.09%	-67.70%	-52.78%	28.85%	-288.05%	22.27%	-0.62%	-47.23%	-109.68%	-65.63%	-102.46%	-16.49%	-181.19%	-102.28%
Acquisitions (Net)	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Acquisitions (Net)	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%
Purchases of Investments	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Purchases of Investments	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%
Sales / Maturities of Investments	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M	0M
Return on Sales / Maturities of Investments	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 Investing Activities	-7,520M	-5,292M	-9,061M	-7,064M	-14,691M	-15,686M	-9,392M	2,519M	8,972M	-12,873M	-6,089M	-8,476M	-12,311M	-18,310M	-18,966M	-13,661M	-13,134M	-8,059M
Return on Other Investing Activities	-54.14%	9.49%	-12.34%	-44.61%	-26.11%	-37.48%	-46.28%	-78.64%	199.92%	9.94%	-0.77%	-43.38%	-62.80%	-25.06%	-38.87%	-9.01%	-91.01%	-63.77%
Net Cash from Investing Activities	-15,448M	-12,443M	-16,302M	-15,460M	-23,392M	-24,370M	-17,628M	-4,347M	2,745M	-18,615M	-13,721M	-16,261M	-19,360M	-25,302M	-26,162M	-21,124M	-19,731M	-13,083M
Return on Net Cash from Investing Activities	-1.07%	131.42%	54.79%	-20.38%	-16.40%	-24.12%	-24.66%	45.57%	653.44%	6.87%	-0.34%	-22.61%	-39.93%	-18.14%	-28.18%	-5.83%	-60.58%	-39.28%
Net Debt Issuance	7,047M	53M	3,503M	3,458M	8,746M	11,632M	9,694M	-185M	-26,263M	5,386M	1,107M	5,958M	5,031M	7,164M	15,502M	11,184M	12,590M	0M
Return on Net Debt Issuance	388.73%	214.83%	140.54%	91.12%	43.86%	50.54%	44.84%	1,070.81%	-68.30%	-23.75%	4.25%	61.72%	153.67%	64.06%	47.56%	11.01%	94.94%	0.00%
Long-Term Debt Issuance	7,047M	53M	3,503M	3,458M	8,746M	11,632M	9,694M	-185M	-26,263M	5,386M	1,107M	5,958M	5,031M	7,164M	15,502M	11,184M	12,590M	0M
Return on Long-Term Debt Issuance	388.73%	214.83%	140.54%	91.12%	43.86%	50.54%	44.84%	1,070.81%	-68.30%	-23.75%	4.25%	61.72%	153.67%	64.06%	47.56%	11.01%	94.94%	0.00%
Short-Term Debt Issuance	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%	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 Stock Issuance	-415M	-249M	-205M	-182M	-579M	-426M	-335M	-484M	0M	0M	-237M	-164M	-131M	-145M	-129M	-1,964M	-213M	0M
Return on Net Stock Issuance	-756.12%	-453.67%	-1,931.21%	-1,731.32%	-662.52%	-1,380.05%	-1,297.61%	409.30%	0.00%	0.00%	-19.83%	-2,242.07%	-5,901.53%	-3,164.83%	-5,715.50%	-62.68%	-5,611.74%	0.00%
Common Stock Issuance	0M	0M	20,183M	0M	0M	0M	0M	0M	0M	0M	45,221M	43,578M	39,851M	39,656M	33,528M	30,618M	25,082M	26,857M
Return on Common Stock Issuance	0.00%	0.00%	6.15%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.10%	8.44%	19.40%	11.57%	21.99%	4.02%	47.66%	19.13%
Common Stock Repurchased	-415M	-249M	-205M	-182M	-579M	-426M	-335M	-484M	0M	0M	-237M	-164M	-131M	-145M	-129M	-1,964M	-213M	-114M
Return on Common Stock Repurchased	-756.12%	-453.67%	-1,931.21%	-1,731.32%	-662.52%	-1,380.05%	-1,297.61%	409.30%	0.00%	0.00%	-19.83%	-2,242.07%	-5,901.53%	-3,164.83%	-5,715.50%	-62.68%	-5,611.74%	-4,490.40%
Preferred Stock Issuance	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%
Net Dividends Paid	-3,374M	-2,224M	-2,476M	-2,986M	-3,126M	-3,118M	-4,995M	-2,009M	-403M	-596M	-2,389M	-2,905M	-2,584M	-3,376M	-2,380M	-1,952M	-1,574M	-699M
Return on Net Dividends Paid	-58.99%	-882.65%	-528.67%	-105.53%	-122.71%	-188.55%	-87.03%	98.61%	-4,450.87%	214.60%	-1.97%	-126.57%	-299.19%	-135.93%	-309.79%	-63.06%	-759.40%	-735.65%
Common Dividends Paid	-2,268M	-1,561M	-2,005M	-2,266M	-529M	-2,398M	-2,398M	-2,009M	-403M	-596M	-2,389M	-2,705M	-2,384M	-2,384M	-2,380M	-1,952M	-1,574M	-699M
Return on Common Dividends Paid	-109.27%	-912.82%	-552.86%	-139.03%	-725.69%	-245.12%	-181.31%	98.61%	-4,450.87%	214.60%	-1.97%	-135.93%	-324.29%	-192.53%	-309.79%	-63.06%	-759.40%	-735.65%
Preferred Dividends Paid	-1,106M	-663M	-471M	-720M	-2,597M	-720M	-2,597M	0M	0M	0M	0M	-200M	-200M	-993M	0M	0M	0M	0M
Return on Preferred Dividends Paid	-328.14%	-196.88%	-715.08%	-437.92%	-147.69%	-817.05%	-167.36%	0.00%	0.00%	0.00%	0.00%	-1,838.50%	-3,865.50%	-462.37%	0.00%	0.00%	0.00%	0.00%
Other Financing Activities	935M	700M	499M	-597M	-1,612M	-603M	-1,780M	5,189M	3,168M	-2,475M	-1,610M	-3,011M	1,078M	3,757M	1,273M	-3,845M	-2,670M	4,091M
Return on Other Financing Activities	-419.12%	-127.90%	65.40%	-527.81%	-237.97%	-974.96%	-244.21%	-38.18%	566.19%	51.68%	-2.92%	-122.12%	717.16%	122.15%	579.18%	-32.02%	-447.68%	125.63%
Net Cash from Financing Activities	4,193M	-1,721M	1,321M	-307M	3,429M	7,485M	2,584M	2,511M	-23,498M	2,315M	-3,129M	-122M	3,394M	7,400M	14,266M	3,423M	8,133M	3,392M
Return on Net Cash from Financing Activities	55.96%	7.26%	-263.77%	-1,026.38%	111.87%	78.54%	168.23%	-78.89%	-76.33%	-55.25%	-1.50%	-3,013.93%	227.78%	62.01%	51.68%	35.96%	146.97%	151.50%
Effect of FX on Cash	-325M	-197M	-190M	265M	-410M	-458M	-104M	-414M	-232M	225M	45M	-370M	489M	-265M	-815M	-517M	-37M	47M
Return on Effect of FX on Cash	-1,661.64%	-2,656.97%	-1,522.96%	1,189.06%	-935.61%	-1,283.62%	-4,179.81%	478.50%	-7,731.47%	-568.44%	104.44%	-993.78%	1,580.98%	-1,731.70%	-904.66%	-238.10%	-32,305.41%	11,005.88%
Net Change in Cash	818M	1,090M	1,243M	3,024M	-6,397M	-1,920M	-230M	4,603M	-5,198M	8,194M	834M	-1,731M	2,619M	1,747M	3,515M	-3,711M	132M	-1,363M
Return on Net Change in Cash	-746.41%	-519.98%	-203.91%	104.20%	-59.97%	-306.20%	-1,890.00%	-43.04%	-345.08%	-15.61%	5.64%	-212.42%	295.19%	262.68%	209.76%	-33.17%	9,085.65%	-376.96%
Cash at Beginning of Period	23,729M	22,973M	19,146M	88,219M	98,353M	25,110M	25,340M	20,737M	25,935M	17,741M	16,907M	18,638M	16,019M	14,272M	10,757M	14,468M	14,336M	15,700M
Return on Cash at Beginning of Period	10.34%	18.59%	26.19%	3.57%	3.90%	23.41%	17.15%	-9.55%	69.16%	-7.21%	0.28%	19.73%	48.26%	32.15%	68.54%	8.51%	83.37%	32.73%
Cash at End of Period	24,547M	24,062M	20,389M	91,243M	91,956M	23,190M	25,110M	25,340M	20,737M	25,935M	17,741M	16,907M	18,638M	16,019M	14,272M	10,757M	14,468M	14,336M
Return on Cash at End of Period	11.62%	23.28%	26.02%	3.45%	4.17%	25.35%	17.31%	-7.82%	86.50%	-4.93%	0.26%	21.75%	41.48%	28.65%	51.66%	11.44%	82.62%	35.85%
Operating Cash Flow	12,398M	15,450M	16,408M	18,526M	13,976M	15,423M	14,918M	6,853M	15,787M	24,269M	17,639M	15,022M	18,096M	19,850M	16,226M	14,507M	10,444M	8,281M
Return on Operating Cash Flow	12.78%	29.34%	28.27%	17.01%	27.45%	38.12%	29.14%	-28.91%	113.62%	-5.27%	0.27%	24.48%	42.72%	23.12%	45.44%	8.49%	114.45%	62.06%
Capital Expenditure	-7,929M	-7,151M	-7,241M	-8,396M	-8,701M	-8,684M	-8,236M	-6,866M	-6,227M	-5,742M	-7,632M	-7,785M	-7,049M	-6,992M	-7,196M	-7,463M	-6,597M	-5,024M
Return on Capital Expenditure	-30.54%	-71.48%	-68.30%	-37.53%	-44.09%	-67.70%	-52.78%	28.85%	-288.05%	22.27%	-0.62%	-47.23%	-109.68%	-65.63%	-102.46%	-16.49%	-181.19%	-102.28%
Free Cash Flow	4,469M	8,299M	9,167M	10,130M	5,275M	6,739M	6,682M	-13M	9,560M	18,527M	10,007M	7,237M	11,047M	12,858M	9,030M	7,044M	3,847M	3,257M
Return on Free Cash Flow	5,130.25%	3,114.30%	1,581.01%	31.11%	72.72%	87.24%	65.06%	15,238.46%	187.63%	-6.90%	0.47%	50.81%	69.98%	35.69%	81.65%	17.48%	310.71%	157.80%

Free Cash Flow Returns

Metric	3Y Avg	5Y Avg	10Y 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
Net Income	3,838M	4,504M	4,594M	3,151M	8,709M	5,879M	4,347M	1,289M	12,282M	-1,279M	47M	3,677M	7,731M	4,589M	7,373M	1,231M	11,953M	5,139M
EBITDA	12,472M	10,658M	11,963M	8,749M	9,927M	11,067M	11,817M	14,533M	12,677M	3,197M	8,603M	13,467M	15,168M	13,080M	16,017M	8,132M	19,724M	10,526M
Return on EBITDA	32.93%	31.13%	31.56%	36.02%	87.73%	53.12%	36.79%	8.87%	96.88%	-40.01%	0.55%	27.30%	50.97%	35.08%	46.03%	15.14%	60.60%	48.82%
(-) Tax Adjustment	-1,064M	-565M	-109M	2,364M	1,326M	2,049M	-1,078M	-4,163M	-93M	458M	-9,732M	2,015M	747M	4,211M	4,501M	26M	3,328M	2,792M
Return on (-) Tax Adjustment	-49.04%	-2,735.39%	-1,218.77%	133.29%	656.60%	286.95%	-403.12%	-30.96%	-13,250.77%	-279.04%	-0.48%	182.52%	1,034.47%	108.98%	163.81%	4,669.99%	359.13%	184.06%
(-) Change In Working Capital	-9,918M	-2,566M	-2,984M	-3,505M	-7,359M	-6,769M	-8,666M	-14,319M	4,737M	12,189M	944M	-5,475M	-4,103M	-3,658M	-4,718M	-3,832M	-2,350M	-3,579M
Return on (-) Change In Working Capital	-48.67%	20.55%	-42.96%	-89.90%	-118.34%	-86.85%	-50.16%	-9.00%	259.28%	-10.49%	4.98%	-67.16%	-188.42%	-125.45%	-156.27%	-32.12%	-508.64%	-143.59%
(-) Capital Expenditure	-7,929M	-7,151M	-7,241M	-8,396M	-8,701M	-8,684M	-8,236M	-6,866M	-6,227M	-5,742M	-7,632M	-7,785M	-7,049M	-6,992M	-7,196M	-7,463M	-6,597M	-5,024M
Return on (-) Capital Expenditure	-46.42%	-62.84%	-63.98%	-37.53%	-100.09%	-67.70%	-52.78%	-18.77%	-197.24%	22.27%	-0.62%	-47.23%	-109.68%	-65.63%	-102.46%	-16.49%	-181.19%	-102.28%
Unlevered Free Cash Flow	15,526M	6,638M	7,814M	1,494M	7,259M	7,103M	13,325M	26,149M	1,806M	-15,192M	9,759M	9,142M	11,475M	5,535M	9,038M	4,475M	12,149M	6,288M
Return on Unlevered Free Cash Flow	40.11%	161.78%	108.15%	210.90%	119.98%	82.77%	32.62%	4.93%	680.18%	8.42%	0.48%	40.22%	67.37%	82.91%	81.58%	27.51%	98.39%	81.72%
(-) Net Interest Income After Taxes	476M	802M	746M	231M	316M	329M	272M	827M	1,553M	1,027M	1,164M	609M	785M	506M	389M	490M	493M	297M
Return on (-) Net Interest Income After Taxes	1,180.47%	841.52%	860.38%	1,366.33%	2,754.00%	1,785.79%	1,599.80%	155.83%	790.72%	-124.53%	4.04%	603.44%	985.35%	906.67%	1,896.74%	251.16%	2,424.56%	1,732.28%
Net Debt Issuance	7,047M	53M	3,503M	3,458M	8,746M	11,632M	9,694M	-185M	-26,263M	5,386M	1,107M	5,958M	5,031M	7,164M	15,502M	11,184M	12,590M	0M
Return on Net Debt Issuance	-200.46%	-134.38%	-34.06%	91.12%	99.58%	50.54%	44.84%	-696.76%	-46.77%	-23.75%	4.25%	61.72%	153.67%	64.06%	47.56%	11.01%	94.94%	0.00%
Levered Free Cash Flow	22,097M	5,889M	10,571M	4,721M	15,688M	18,406M	22,748M	25,137M	-26,011M	-10,833M	9,702M	14,491M	15,721M	12,193M	24,151M	15,169M	24,246M	5,992M
Return on Levered Free Cash Flow	18.73%	4.15%	16.40%	66.74%	55.51%	31.94%	19.11%	5.13%	-47.22%	11.81%	0.48%	25.37%	49.18%	37.64%	30.53%	8.12%	49.30%	85.77%