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Definitive Analysis

Financial Statements

Periods / Units / Analysis

Ticker

Industry

Sector

Page: Company Financials

China Merchants Port Holdings Company Limited

Ticker: 0144.HK | Industry: Marine Shipping | Sector: Industrials
$14.98 -0.05 (-0.33%)
As of: 2026-01-23

Master Data Export


Enterprise Value

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Stock Price 12.73 10.85 12.39 12.77 9.33 13.23 15.02 21.20 19.92 28.95 25.13 26.23 24.15 26.33 28.28 23.80 22.57 43.18 27.53 15.98 12.58 8.60 5.73 5.48 5.83
Market Capitalization 53,440.66M 44,195.11M 48,078.59M 47,484.24M 32,664.66M 44,838.77M 49,543.23M 69,418.59M 62,312.84M 89,715.30M 71,634.03M 66,380.35M 70,756.22M 76,338.16M 81,550.70M 68,005.28M 64,020.23M 121,424.68M 75,799.32M 42,263.21M 31,959.83M 21,374.85M 13,929.60M 13,178.06M 13,994.46M
(-) Cash & Equivalents 10,834.00M 8,181.00M 7,826.50M 7,703.00M 6,933.00M 6,311.50M 7,853.50M 12,335.50M 4,450.00M 8,982.50M 12,587.00M 3,632.00M 8,206.00M 6,826.00M 5,173.50M 1,603.00M 1,403.00M 615.00M 390.50M 470.00M 1,035.73M 478.40M 411.39M 745.96M 502.19M
(+) Total Debt 33,776.50M 38,752.50M 42,035.00M 42,648.50M 45,459.00M 39,170.50M 39,425.00M 27,827.00M 22,488.50M 17,481.00M 22,211.00M 26,777.50M 10,712.50M 3,223.50M 3,277.50M 1,652.00M 1,324.50M 0.00M 0.00M 0.00M 1,061.74M 162.57M 291.84M 155.96M 103.17M
Enterprise Value 76,383.16M 74,766.61M 82,287.09M 82,429.74M 71,190.66M 77,697.77M 81,114.73M 84,910.09M 80,351.34M 98,213.80M 81,258.03M 89,525.85M 73,262.72M 72,735.66M 79,654.70M 68,054.28M 63,941.73M 120,809.68M 75,408.82M 41,793.21M 31,985.83M 21,059.01M 13,810.05M 12,588.06M 13,595.45M

Income Statement

Metric 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
Revenue 23,976M 24,537M 11,842M 11,482M 12,545M 11,850M 8,945M 8,898M 10,160M 8,692M 7,976M 8,233M 8,257M 7,758M 11,022M 9,470M 5,811M 3,588M 4,135M 6,258M 4,365M 14,186M 13,370M 2,130M 1,689M 1,206M 1,382M
Cost of Revenue 12,645M 13,649M 6,346M 6,377M 7,039M 6,545M 5,250M 5,225M 5,771M 5,251M 4,621M 4,602M 4,737M 4,522M 6,687M 5,418M 3,025M 2,055M 2,163M 3,867M 3,018M 2,147M 1,689M 1,461M 1,139M 749M 894M
Gross Profit 11,331M 10,888M 5,496M 5,105M 5,506M 5,305M 3,695M 3,673M 4,389M 3,441M 3,355M 3,631M 3,520M 3,236M 4,335M 4,052M 2,786M 1,533M 1,972M 2,391M 1,347M 12,039M 11,681M 670M 550M 457M 488M
Gross Profit Margin 47.3% 44.4% 46.4% 44.5% 43.9% 44.8% 41.3% 41.3% 43.2% 39.6% 42.1% 44.1% 42.6% 41.7% 39.3% 42.8% 47.9% 42.7% 47.7% 38.2% 30.9% 84.9% 87.4% 31.4% 32.6% 37.9% 35.3%
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
SG&A Expenses 2,536M 3,302M 1,457M 1,331M 1,730M 1,790M 1,832M 1,378M 1,718M 1,060M 981M 953M 1,017M 860M 1,302M 1,224M 711M 388M 582M 880M 413M 348M 284M 207M 147M 127M 131M
Operating Expenses 2,536M 3,302M 1,457M 1,331M 1,730M 1,790M 1,832M 1,378M 6,400M 5,096M 4,134M 3,270M 3,401M 3,460M 1,166M -762M -1,403M -8M 37M 665M 616M 11,377M 11,074M 112M 385M 250M 57M
Operating Income (EBIT) 8,795M 7,586M 4,039M 3,774M 3,776M 3,515M 1,863M 2,295M -2,011M -1,655M -779M 361M 119M -224M 3,169M 4,814M 4,189M 1,541M 1,935M 1,726M 731M 662M 607M 558M 165M 207M 431M
Operating Income Margin 36.7% 30.9% 34.1% 32.9% 30.1% 29.7% 20.8% 25.8% -19.8% -19.0% -9.8% 4.4% 1.4% -2.9% 28.8% 50.8% 72.1% 42.9% 46.8% 27.6% 16.7% 4.7% 4.5% 26.2% 9.8% 17.2% 31.2%
Interest Income 790M 843M 399M 444M 407M 400M 298M 210M 319M 118M 43M 158M 164M 55M 162M 187M 112M 16M 43M 32M 21M 0M 0M 0M 0M 0M 0M
Interest Expense 3,404M 3,723M 1,718M 1,774M 1,861M 1,815M 1,822M 1,996M 1,909M 1,303M 960M 858M 1,023M 1,073M 1,328M 1,061M 753M 668M 627M 577M 382M 0M 0M 0M 0M 0M 0M
Net Interest Income -2,614M -2,880M -1,319M -1,330M -1,454M -1,415M -1,524M -1,786M -1,590M -1,185M -917M -700M -859M -1,018M -1,166M -874M -641M -652M -584M -545M -361M 0M 0M 0M 0M 0M 0M
Unusual Items 13,039M 477M 7,558M 6,115M 7,753M 8,526M 6,819M 6,952M 12,851M 10,285M 8,379M 6,654M 6,909M 7,023M 4,868M 3,746M 3,690M 2,354M 2,663M 2,705M 2,622M 1,925M 1,739M 1,168M 919M 768M 650M
EBT Excluding Unusual Items 6,181M 4,706M 2,720M 2,444M 2,322M 2,100M 339M 509M -3,601M -2,840M -1,696M -339M -740M -1,242M 2,003M 3,940M 3,548M 889M 1,351M 1,181M 370M 662M 607M 558M 165M 207M 431M
Pre-Tax Income 19,220M 5,183M 10,278M 8,559M 10,075M 10,626M 7,158M 7,461M 9,250M 7,445M 6,683M 6,315M 6,169M 5,781M 6,871M 7,686M 7,238M 3,243M 4,014M 3,886M 2,992M 2,587M 2,345M 1,726M 1,084M 975M 1,081M
Pre-Tax Margin 80.2% 21.1% 86.8% 74.5% 80.3% 89.7% 80.0% 83.9% 91.0% 85.7% 83.8% 76.7% 74.7% 74.5% 62.3% 81.2% 124.6% 90.4% 97.1% 62.1% 68.5% 18.2% 17.5% 81.0% 64.2% 80.8% 78.2%
Income Tax Expense 2,524M 2,276M 1,197M 1,174M 1,046M 1,241M 1,077M 2,518M 1,295M 744M 477M 790M 1,151M 842M 1,163M 1,015M 558M 278M 220M 210M 99M 54M 225M 182M 137M 115M 103M
Net Income 14,476M 14,565M 7,980M 6,424M 8,010M 8,371M 5,203M 8,362M 7,245M 6,028M 5,494M 4,808M 4,526M 4,213M 3,818M 5,569M 5,876M 3,238M 3,706M 3,545M 2,540M 2,364M 2,057M 1,466M 882M 800M 878M
Net Income Margin 60.4% 59.4% 67.4% 55.9% 63.9% 70.6% 58.2% 94.0% 71.3% 69.4% 68.9% 58.4% 54.8% 54.3% 34.6% 58.8% 101.1% 90.2% 89.6% 56.6% 58.2% 16.7% 15.4% 68.8% 52.2% 66.3% 63.5%
Depreciation & Amortization 3,859M 4,718M 2,145M 2,209M 2,373M 2,286M 2,033M 1,996M 1,692M 1,348M 1,254M 1,208M 1,078M 1,025M 1,284M 1,412M 1,018M 837M 772M 639M 0M 0M 0M 0M 0M 0M 0M
EBITDA 12,654M 12,304M 6,184M 5,983M 6,149M 5,801M 3,896M 4,291M -319M -307M 475M 1,569M 1,197M 801M 4,453M 6,226M 5,207M 2,378M 2,707M 2,365M 731M 662M 607M 558M 165M 207M 431M
EBITDA Margin 52.8% 50.1% 52.2% 52.1% 49.0% 49.0% 43.6% 48.2% -3.1% -3.5% 6.0% 19.1% 14.5% 10.3% 40.4% 65.7% 89.6% 66.3% 65.5% 37.8% 16.7% 4.7% 4.5% 26.2% 9.8% 17.2% 31.2%
NOPAT 7,640M 4,255M 3,569M 3,256M 3,384M 3,104M 1,583M 1,520M -1,729M -1,490M -723M 316M 97M -191M 2,633M 4,178M 3,866M 1,409M 1,829M 1,633M 707M 648M 549M 499M 144M 183M 390M
NOPAT Margin 31.9% 17.3% 30.1% 28.4% 27.0% 26.2% 17.7% 17.1% -17.0% -17.1% -9.1% 3.8% 1.2% -2.5% 23.9% 44.1% 66.5% 39.3% 44.2% 26.1% 16.2% 4.6% 4.1% 23.4% 8.5% 15.1% 28.2%
Owner's Earnings 15,880M 16,521M 8,926M 7,324M 8,869M 8,823M 5,447M 7,464M 6,373M 5,624M 5,541M 4,320M 2,439M 1,753M 1,191M 5,019M 5,822M 2,869M 2,488M 2,047M 360M 115M 610M 842M 842M 794M 862M
Owner's Earnings Margin 66.2% 67.3% 75.4% 63.8% 70.7% 74.5% 60.9% 83.9% 62.7% 64.7% 69.5% 52.5% 29.5% 22.6% 10.8% 53.0% 100.2% 80.0% 60.2% 32.7% 8.2% 0.8% 4.6% 39.5% 49.8% 65.9% 62.4%
EPS (Basic) 3.44 3.76 1.89 1.53 2.02 2.20 1.46 2.48 2.20 1.84 1.76 1.55 1.59 1.67 1.09 1.60 1.70 0.94 1.09 1.06 0.78 0.77 0.68 0.50 0.30 0.28 0.30
EPS (Diluted) 3.46 3.75 1.90 1.58 2.07 2.26 1.48 2.48 2.20 1.84 1.76 1.55 1.59 1.67 1.09 1.59 1.69 0.94 1.08 1.05 0.77 0.76 0.68 0.49 0.30 0.28 0.30
Shares (Basic) 4,194M 3,886M 4,198M 4,068M 3,861M 3,704M 3,522M 3,374M 3,300M 3,278M 3,129M 3,100M 2,842M 2,529M 3,511M 3,488M 3,464M 3,429M 3,415M 3,342M 3,271M 3,088M 3,018M 2,958M 2,898M 2,894M 2,883M
Shares (Diluted) 4,185M 3,886M 4,198M 4,068M 3,861M 3,704M 3,522M 3,374M 3,300M 3,278M 3,129M 3,103M 2,842M 2,529M 3,515M 3,497M 3,473M 3,431M 3,428M 3,362M 3,282M 3,102M 3,030M 2,966M 2,918M 2,901M 2,898M

Balance Sheet

Metric MRQ MRQ-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
Cash & Cash Equivalents 12,236.00M 11,410.00M 11,410.00M 12,331.00M 6,798.00M 7,320.00M 7,240.00M 5,852.00M 6,687.00M 9,247.00M 2,696.00M 3,854.00M 9,501.00M 3,205.00M 4,192.00M 6,811.00M 6,352.00M 3,206.00M 2,806.00M 1,230.00M 781.00M 940.00M 2,071.47M 956.80M 822.78M 1,491.92M 1,506.56M
Short-Term Investments 0.00M 2,772.00M 2,772.00M 3,338.00M 2,831.00M 2,660.00M 4,050.00M 1,948.00M 488.00M 0.00M 941.00M 6,439.00M 580.00M 558.00M 369.00M 963.00M 382.00M 0.00M 0.00M 0.00M 387.00M 411.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Cash & Short-Term Investments 12,236.00M 14,182.00M 14,182.00M 15,669.00M 9,629.00M 9,980.00M 11,290.00M 7,800.00M 7,175.00M 9,247.00M 3,637.00M 10,293.00M 10,081.00M 3,763.00M 4,561.00M 7,774.00M 6,734.00M 3,206.00M 2,806.00M 1,230.00M 1,168.00M 1,351.00M 2,071.47M 956.80M 822.78M 1,491.92M 1,506.56M
Net Receivables 2,012.00M 2,142.00M 2,142.00M 1,246.00M 4,047.00M 1,140.00M 1,513.00M 2,502.00M 2,665.00M 2,746.00M 1,475.00M 1,609.00M 3,204.00M 1,327.00M 1,402.00M 2,778.00M 0.00M 0.00M 0.00M 0.00M -90.00M 0.00M 809.00M 0.00M 0.00M 0.00M 0.00M
Inventory 290.00M 234.00M 234.00M 187.00M 175.00M 166.00M 179.00M 125.00M 108.00M 99.00M 77.00M 77.00M 108.00M 94.00M 89.00M 240.00M 159.00M 40.00M 41.00M 324.00M 239.00M 170.00M 623.20M 151.11M 127.88M 105.01M 145.11M
Other Current Assets 5,163.00M 580.00M 580.00M 609.00M 3,544.00M 4,430.00M 4,853.00M 3,521.00M 2,338.00M 2,517.00M 1,343.00M 825.00M 2,301.00M 913.00M 2.00M 2.00M 0.00M 2,553.00M 1,684.00M 447.00M 481.00M 1,242.00M 428.00M 690.86M 617.49M 503.89M 863.57M
Total Current Assets 19,701.00M 17,138.00M 17,138.00M 17,711.00M 17,395.00M 15,716.00M 17,835.00M 13,948.00M 12,286.00M 14,609.00M 6,532.00M 12,804.00M 15,694.00M 6,097.00M 6,054.00M 10,794.00M 6,893.00M 5,799.00M 4,531.00M 2,001.00M 1,798.00M 2,763.00M 3,931.67M 1,798.78M 1,568.16M 2,100.82M 2,515.24M
Property, Plant & Equipment 37,981.00M 37,931.00M 37,931.00M 36,543.00M 40,952.00M 44,496.00M 43,062.00M 39,305.00M 29,212.00M 30,880.00M 18,459.00M 19,570.00M 19,982.00M 19,034.00M 16,863.00M 18,269.00M 16,835.00M 10,844.00M 12,921.00M 11,201.00M 8,602.00M 6,075.00M 5,853.97M 4,545.27M 2,923.09M 0.00M 0.00M
Goodwill 5,302.00M 4,908.00M 4,908.00M 5,627.00M 5,613.00M 5,641.00M 5,759.00M 6,931.00M 7,922.00M 3,628.00M 2,791.00M 2,973.00M 3,167.00M 3,318.00M 3,293.00M 0.00M 0.00M 2,513.00M 2,513.00M 3,750.00M 281.00M 275.00M 0.00M 157.01M 149.02M -158.82M 0.00M
Intangible Assets 8,635.00M 7,964.00M 7,964.00M 8,718.00M 13,993.00M 14,248.00M 15,128.00M 17,175.00M 19,054.00M 9,553.00M 8,198.00M 8,633.00M 13,588.00M 13,241.00M 12,742.00M 14,474.00M 13,072.00M 7,039.00M 7,426.00M 6,605.00M 3,104.00M 2,007.00M 172.13M 311.74M 319.72M 0.00M 0.00M
Long-Term Investments 92,853.00M 101,644.00M 101,644.00M 103,218.00M 102,100.00M 103,633.00M 92,693.00M 78,614.00M 69,511.00M 65,176.00M 62,734.00M 53,164.00M 47,774.00M 43,907.00M 35,363.00M 33,388.00M 30,326.00M 0.00M 0.00M 20,199.00M 17,596.00M 11,193.00M 8,595.07M 7,048.26M 0.00M 0.00M 0.00M
Tax Assets 0.00M 0.00M 0.00M 364.00M 323.00M 394.00M 420.00M 260.00M 60.00M 51.00M 49.00M 41.00M 58.00M 121.00M 120.00M 136.00M 114.00M 34.00M 27.00M 36.00M 22.00M 35.00M 15.47M 16.40M 0.00M 0.00M 0.00M
Other Non-Current Assets 12,249.00M 462.00M 462.00M 133.00M -5,355.00M -5,438.00M -4,454.00M -5,713.00M 3,379.00M 9,611.00M 4,869.00M 5,682.00M 3,982.00M 3,768.00M 3,033.00M 5,647.00M 4,386.00M 25,353.00M 22,391.00M -1.00M 2,547.00M 5,068.00M 3.23M 500.00M 7,529.73M 10,347.27M 10,054.16M
Other Assets 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Non-Current Assets 157,020.00M 152,909.00M 152,909.00M 154,603.00M 157,626.00M 162,974.00M 152,608.00M 136,572.00M 129,138.00M 118,899.00M 97,100.00M 90,063.00M 88,551.00M 83,389.00M 71,414.00M 71,914.00M 64,733.00M 45,783.00M 45,278.00M 41,790.00M 32,152.00M 24,653.00M 14,639.87M 12,578.69M 10,921.57M 10,188.46M 10,054.16M
Total Assets 176,721.00M 170,047.00M 170,047.00M 172,314.00M 175,021.00M 178,690.00M 170,443.00M 150,520.00M 141,424.00M 133,508.00M 103,632.00M 102,867.00M 104,245.00M 89,486.00M 77,468.00M 82,708.00M 71,626.00M 51,582.00M 49,809.00M 43,791.00M 33,950.00M 27,416.00M 18,571.53M 14,377.46M 12,489.73M 12,289.28M 12,569.40M
Accounts Payable 423.00M 370.00M 370.00M 359.00M 475.00M 546.00M 312.00M 338.00M 396.00M 397.00M 275.00M 271.00M 269.00M 334.00M 294.00M 318.00M 0.00M 0.00M 0.00M 0.00M 510.00M 1,284.00M 710.00M 511.04M 406.64M 241.90M 287.66M
Short-Term Debt 17,944.00M 19,542.00M 19,542.00M 16,062.00M 16,561.00M 14,551.00M 8,952.00M 8,995.00M 5,234.00M 6,268.00M 5,362.00M 1,800.00M 6,675.00M 2,417.00M 7,021.00M 2,231.00M 1,748.00M 5,161.00M 2,649.00M 939.00M 0.00M 0.00M 348.00M 40.00M 91.08M 62.00M 0.00M
Tax Payables 0.00M 587.00M 587.00M 820.00M 862.00M 2,294.00M 2,412.00M 1,736.00M 233.00M 262.00M 285.00M 406.00M 596.00M 209.00M 139.00M 312.00M 261.00M 61.00M 19.00M 37.00M 21.00M 22.00M 24.35M 11.13M 9.62M 2.12M 6.21M
Deferred Revenue 0.00M 0.00M 0.00M 100.00M 91.00M 122.00M 2,412.00M 1,736.00M 233.00M 262.00M 285.00M 406.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 11.13M 0.00M 0.00M 0.00M
Other Current Liabilities 6,434.00M 4,043.00M 4,043.00M 2,521.00M 2,616.00M 3,093.00M 3,425.00M 4,015.00M 3,045.00M 8,409.00M 3,002.00M 2,196.00M 2,647.00M 1,687.00M 1,347.00M 8,849.00M 9,237.00M 1,593.00M 4,234.00M 8,676.00M 4,467.00M 539.00M -0.09M 0.00M 25.74M 203.98M 447.27M
Total Current Liabilities 24,801.00M 24,542.00M 24,542.00M 19,862.00M 20,605.00M 20,606.00M 17,513.00M 16,820.00M 9,141.00M 15,598.00M 9,209.00M 5,079.00M 10,187.00M 4,647.00M 8,801.00M 11,710.00M 11,246.00M 6,815.00M 6,902.00M 9,652.00M 4,998.00M 1,845.00M 1,082.26M 573.30M 533.09M 510.00M 741.13M
Long-Term Debt 14,198.00M 13,406.00M 13,406.00M 20,246.00M 17,968.00M 22,231.00M 30,240.00M 29,419.00M 33,622.00M 22,292.00M 17,072.00M 17,345.00M 13,296.00M 24,541.00M 11,801.00M 985.00M 1,525.00M 9,298.00M 0.00M 0.00M 0.00M 0.00M 1,775.69M 285.13M 528.28M 311.91M 309.51M
Capital Lease Obligations 1,596.00M 1,600.00M 1,600.00M 1,182.00M 885.00M 886.00M 886.00M 918.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Deferred Tax Liabilities 4,829.00M 4,610.00M 4,610.00M 4,529.00M 4,766.00M 4,851.00M 4,482.00M 3,668.00M 3,354.00M 2,638.00M 1,973.00M 2,333.00M 2,208.00M 1,949.00M 1,693.00M 2,351.00M 2,065.00M 736.00M 631.00M 468.00M 243.00M 155.00M 156.42M 7.62M 0.00M 0.00M 0.00M
Other Non-Current Liabilities 4,881.00M 4,110.00M 4,110.00M 4,849.00M 4,574.00M 4,298.00M 4,792.00M 5,001.00M 5,806.00M 1,851.00M 16,405.00M 16,458.00M 1,421.00M 1,523.00M 1,489.00M 1,049.00M 14,144.00M 0.00M 10,246.00M 7,091.00M 6,402.00M 7,792.00M 0.42M 0.00M 0.00M 462.05M 673.06M
Total Non-Current Liabilities 25,504.00M 23,726.00M 23,726.00M 30,806.00M 28,193.00M 32,266.00M 40,400.00M 39,006.00M 42,782.00M 26,781.00M 35,450.00M 36,136.00M 16,925.00M 28,013.00M 14,983.00M 4,385.00M 17,734.00M 10,034.00M 10,877.00M 7,559.00M 6,645.00M 7,947.00M 1,932.53M 292.76M 528.28M 773.96M 982.57M
Total Liabilities 50,305.00M 48,268.00M 48,268.00M 50,668.00M 48,798.00M 52,872.00M 57,913.00M 55,826.00M 51,923.00M 42,379.00M 44,659.00M 41,215.00M 27,112.00M 32,660.00M 23,784.00M 16,095.00M 28,980.00M 16,849.00M 17,779.00M 17,211.00M 11,643.00M 9,792.00M 3,014.80M 866.06M 1,061.36M 1,283.97M 1,723.70M
Preferred Stock 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Stock 48,731.00M 48,731.00M 48,731.00M 48,731.00M 46,668.00M 44,017.00M 42,521.00M 40,614.00M 39,070.00M 38,207.00M 19,548.00M 18,994.00M 17,918.00M 253.00M 249.00M 247.00M 246.00M 243.00M 242.00M 241.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Retained Earnings 59,363.00M 57,414.00M 57,414.00M 52,729.00M 49,827.00M 45,813.00M 40,446.00M 38,152.00M 33,283.00M 26,328.00M 27,335.00M 24,996.00M 24,859.00M 1,390.00M 1,196.00M 1,683.00M 6,531.00M 12,497.00M 10,735.00M 22,810.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Accumulated OCI 1,075.00M -2,320.00M -2,320.00M 695.00M 474.00M 8,432.00M 4,922.00M 1,017.00M 2,968.00M 8,912.00M 3,806.00M 9,614.00M 22,242.00M 6,301.00M -6,943.00M -7,992.00M -6,794.00M -3,185.00M -2,752.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Minority Interest 16,836.00M 16,084.00M 16,084.00M 17,168.00M 19,361.00M 20,295.00M 19,509.00M 14,351.00M 12,683.00M 16,194.00M 7,830.00M 7,821.00M 7,716.00M 7,827.00M 8,140.00M 11,355.00M 10,329.00M 2,056.00M 2,434.00M 1,633.00M 2,522.00M 1,468.00M 1,230.60M 866.37M 180.11M 132.37M 481.06M
Total Shareholders’ Equity 109,169.00M 103,825.00M 103,825.00M 102,155.00M 96,969.00M 98,262.00M 87,889.00M 79,783.00M 75,321.00M 73,447.00M 50,689.00M 53,604.00M 65,019.00M 7,944.00M -5,498.00M -6,062.00M -17.00M 9,555.00M 8,225.00M 23,051.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Equity 126,005.00M 119,909.00M 119,909.00M 119,323.00M 116,330.00M 118,557.00M 107,398.00M 94,134.00M 88,004.00M 89,641.00M 58,519.00M 61,425.00M 72,735.00M 15,771.00M 2,642.00M 5,293.00M 10,312.00M 11,611.00M 10,659.00M 24,684.00M 2,522.00M 1,468.00M 1,230.60M 866.37M 180.11M 132.37M 481.06M
Total Liabilities & Equity 176,310.00M 168,177.00M 168,177.00M 169,991.00M 165,128.00M 171,429.00M 165,311.00M 149,960.00M 139,927.00M 132,020.00M 103,178.00M 102,640.00M 99,847.00M 48,431.00M 26,426.00M 21,388.00M 39,292.00M 28,460.00M 28,438.00M 41,895.00M 14,165.00M 11,260.00M 4,245.39M 1,732.42M 1,241.47M 1,416.34M 2,204.76M
Tangible Assets 162,784.00M 157,175.00M 157,175.00M 157,969.00M 155,415.00M 158,801.00M 149,556.00M 126,414.00M 114,448.00M 120,327.00M 92,643.00M 91,261.00M 87,490.00M 72,927.00M 61,433.00M 68,234.00M 58,554.00M 42,030.00M 39,870.00M 33,436.00M 30,565.00M 25,134.00M 18,399.40M 13,908.71M 12,020.98M 12,448.09M 12,569.40M
Tangible Equity 112,068.00M 107,037.00M 107,037.00M 104,978.00M 96,724.00M 98,668.00M 86,511.00M 70,028.00M 61,028.00M 76,460.00M 47,530.00M 49,819.00M 55,980.00M -788.00M -13,393.00M -9,181.00M -2,760.00M 2,059.00M 720.00M 14,329.00M -863.00M -814.00M 1,058.47M 397.61M -288.64M 291.19M 481.06M
Tangible Book Value 112,068.00M 107,037.00M 107,037.00M 104,978.00M 96,724.00M 98,668.00M 86,511.00M 70,028.00M 61,028.00M 76,460.00M 47,530.00M 49,819.00M 55,980.00M -788.00M -13,393.00M -9,181.00M -2,760.00M 2,059.00M 720.00M 14,329.00M -863.00M -814.00M 1,058.47M 397.61M -288.64M 291.19M 481.06M
Total Investments 92,853.00M 104,416.00M 104,416.00M 106,556.00M 104,931.00M 106,293.00M 96,743.00M 80,562.00M 69,999.00M 65,176.00M 63,675.00M 59,603.00M 48,354.00M 44,465.00M 35,732.00M 34,351.00M 30,708.00M 24,366.00M 21,647.00M 20,199.00M 17,983.00M 11,604.00M 8,595.07M 7,048.26M 7,306.78M 3,652.26M 3,168.27M
Net Debt 19,906.00M 21,538.00M 21,538.00M 23,977.00M 27,731.00M 29,462.00M 31,952.00M 32,562.00M 32,169.00M 19,313.00M 19,738.00M 15,291.00M 10,470.00M 23,753.00M 14,630.00M -3,595.00M -3,079.00M 11,253.00M -157.00M -291.00M -781.00M -940.00M 52.23M -631.67M -203.42M -1,118.01M -1,197.05M

Capital Metrics

Metric MRQ MRQ-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
Working Capital -5,610.0M -7,496.0M -7,496.0M -2,658.0M -6,473.0M -5,473.0M 1,864.0M -3,012.0M 1,648.0M -2,477.0M -3,131.0M 7,498.0M 3,520.0M 1,050.0M -2,749.0M 3,462.0M 2,372.0M -130.0M -1,687.0M -5,756.0M -2,064.0M 921.0M 2,467.2M 1,388.8M 1,228.4M 1,590.8M 1,774.1M
Total Capital 142,907.0M 139,896.0M 139,896.0M 141,167.0M 132,448.0M 135,970.0M 128,043.0M 119,199.0M 114,177.0M 102,007.0M 88,342.0M 87,973.0M 87,401.0M 75,557.0M 64,364.0M 46,621.0M 42,315.0M 36,867.0M 32,929.0M 26,842.0M 20,921.0M 16,159.0M 16,067.9M 13,133.5M 12,025.3M 11,184.8M 10,674.1M
Capital Employed 151,410.0M 145,413.0M 145,413.0M 151,945.0M 151,153.0M 157,501.0M 154,472.0M 133,560.0M 130,786.0M 116,422.0M 93,969.0M 97,561.0M 92,071.0M 84,439.0M 68,665.0M 75,376.0M 67,105.0M 45,653.0M 43,591.0M 36,034.0M 30,088.0M 25,574.0M 17,107.1M 13,967.5M 12,150.0M 11,779.3M 11,828.3M
Invested Capital 130,671.0M 128,486.0M 128,486.0M 128,836.0M 125,650.0M 128,650.0M 120,803.0M 113,347.0M 107,490.0M 92,760.0M 85,646.0M 84,119.0M 77,900.0M 72,352.0M 60,172.0M 39,810.0M 35,963.0M 33,661.0M 30,123.0M 25,612.0M 20,140.0M 15,219.0M 13,996.4M 12,176.7M 11,202.5M 9,692.9M 9,167.6M

Cash Flow Statement

Metric 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
Net Income 14,553.00M 14,565.00M 5,084.00M 6,233.00M 7,781.00M 8,144.00M 5,151.00M 8,362.00M 7,245.00M 6,028.00M 5,494.00M 4,808.00M 4,526.00M 4,213.00M 5,070.00M 4,885.00M 4,189.00M 1,541.00M 2,240.00M 1,756.00M 2,540.00M 2,364.00M 2,057.46M 1,465.62M 882.49M 800.21M 878.07M
Depreciation & Amortization 3,190.00M 4,718.00M 0.00M 2,209.00M 2,373.00M 2,286.00M 2,033.00M 1,996.00M 1,692.00M 1,348.00M 1,254.00M 1,208.00M 1,078.00M 1,025.00M 1,284.00M 1,412.00M 1,018.00M 837.00M 772.00M 639.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Deferred Income Tax 0.00M -4,486.00M 0.00M 0.00M -4,338.00M -4,542.00M -4,734.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Stock-Based Compensation 1.00M -9.00M 0.00M 0.00M -7.00M -2.00M 17.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 77.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Change in Working Capital 246.00M -173.00M 278.00M -252.00M 401.00M 28.00M -651.00M -154.00M -60.00M -96.00M -466.00M 65.00M -198.00M 37.00M 513.00M -1,351.00M -1,274.00M -553.00M -153.00M -366.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Accounts Receivable 274.00M -134.00M 473.00M -199.00M 105.00M -247.00M 163.00M -490.00M -33.00M -92.00M -464.00M 77.00M -184.00M 40.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Inventory -28.00M -39.00M -10.00M -18.00M -21.00M -18.00M -51.00M -15.00M -27.00M -4.00M -2.00M -12.00M -14.00M -3.00M -383.00M -1,093.00M -1,089.00M 1.00M 19.00M -196.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Accounts Payable 0.00M 0.00M -185.00M -35.00M 317.00M 293.00M -763.00M 351.00M 144.00M 408.00M 300.00M 259.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Working Capital 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M -144.00M -408.00M -300.00M -259.00M 0.00M 0.00M 896.00M -258.00M -185.00M -554.00M -172.00M -170.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Non-Cash Items -3,247.00M 3,325.00M 3,185.00M -952.00M 2,571.00M 2,871.00M 4,006.00M -5,675.00M -2,655.00M -1,523.00M -730.00M 603.00M -697.00M -79.00M -534.00M -275.00M -1,015.00M 934.00M 858.00M 950.00M -546.00M -1,048.00M -1,610.47M -567.80M -590.86M -348.96M -230.86M
Net Cash from Operating Activities 14,743.00M 13,172.00M 8,547.00M 7,238.00M 8,781.00M 8,785.00M 5,822.00M 4,529.00M 6,222.00M 5,757.00M 5,552.00M 6,684.00M 4,709.00M 5,196.00M 6,333.00M 4,671.00M 2,918.00M 2,759.00M 3,717.00M 3,056.00M 1,994.00M 1,316.00M 446.99M 897.82M 291.63M 451.25M 647.21M
Capital Expenditures (PPE) -1,847.00M -2,762.00M 0.00M -1,309.00M -1,514.00M -1,834.00M -1,789.00M -2,894.00M -2,564.00M -1,752.00M -1,207.00M -1,696.00M -3,165.00M -3,485.00M -3,911.00M -1,962.00M -1,072.00M -1,206.00M -1,990.00M -2,137.00M -2,180.00M -2,249.00M -1,447.09M -623.32M -40.89M -5.93M -15.99M
Acquisitions (Net) 878.00M 11.00M 0.00M 1,208.00M -12.00M -15.00M -443.00M 33.00M -6,785.00M -3,061.00M -3,861.00M 1,885.00M -607.00M -5,436.00M -6,117.00M 0.00M -203.00M 757.00M -437.00M 872.00M -64.00M 0.00M -283.82M -8.35M -842.09M -342.35M -236.75M
Purchases of Investments 0.00M -2,802.00M -16,160.00M 0.00M -2,801.00M -1.00M -6,362.00M -8,954.00M -4,251.00M -3,811.00M -6,569.00M -3,018.00M -471.00M -429.00M -4,662.00M -890.00M -421.00M -208.00M -1,115.00M 0.00M 169.00M 0.00M 0.00M -171.99M -215.67M -120.43M -334.79M
Sales / Maturities of Investments 3,297.00M 141.00M 0.00M 2.00M 8,169.00M 141.00M 351.00M 0.00M 143.00M 9,195.00M 708.00M 637.00M 314.00M 1,397.00M 3,767.00M 0.00M 2.00M 2.00M 462.00M 10.00M 18.00M 2.00M 0.00M 7.73M 390.00M 57.18M 0.35M
Other Investing Activities -129.00M -1,232.00M 16,505.00M 2,668.00M -7,666.00M -2,373.00M 2,080.00M 8,150.00M -1,897.00M -46.00M 73.00M 209.00M -267.00M 172.00M 1,598.00M 72.00M 1,287.00M 54.00M 59.00M 94.00M 418.00M -5,970.00M 1,603.89M 941.04M 538.00M 207.65M -277.04M
Net Cash from Investing Activities 2,199.00M -6,644.00M 345.00M 2,569.00M -3,824.00M -4,082.00M -6,163.00M -3,665.00M -15,354.00M 525.00M -10,856.00M -1,983.00M -4,196.00M -7,781.00M -9,325.00M -2,780.00M -407.00M -601.00M -3,021.00M -1,161.00M -1,639.00M -8,217.00M -127.02M 145.12M -170.65M -203.89M -864.22M
Net Debt Issuance -1,131.00M -131.00M -3,082.00M 1,961.00M -1,400.00M -2,756.00M 6,478.00M -99.00M 9,806.00M 4,066.00M 2,367.00M -242.00M -6,697.00M 7,781.00M 3,230.00M 2,365.00M 1,646.00M 125.00M 3,534.00M -126.00M 0.00M -122.00M -12.00M -142.15M -414.54M -385.28M -95.40M
Long-Term Debt Issuance -6,130.00M -131.00M -3,082.00M 1,961.00M -1,400.00M -3,158.00M 293.00M -99.00M 9,806.00M 3,791.00M 2,367.00M -242.00M 8,590.00M 7,781.00M 3,230.00M 2,365.00M 1,646.00M 125.00M 3,534.00M -11,767.00M 0.00M -122.00M -12.00M -142.15M -414.54M -385.28M -95.40M
Short-Term Debt Issuance 4,999.00M 0.00M 0.00M 0.00M 0.00M 402.00M 6,185.00M 0.00M 0.00M 275.00M 0.00M 0.00M -15,287.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 11,641.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Stock Issuance -4,690.00M 0.00M 0.00M -4,690.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 2.00M 172.00M 40.00M 64.00M 19.00M 30.00M 33.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M -3.19M 0.00M
Common Stock Issuance -4,690.00M 0.00M 0.00M -4,690.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 2.00M 172.00M 40.00M 64.00M 19.00M 30.00M 865.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Stock Repurchased 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M -3.19M 0.00M
Preferred Stock Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M -832.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Dividends Paid -4,313.00M -2,135.00M -3,065.00M -1,248.00M -941.00M -1,194.00M -742.00M -1,639.00M -1,802.00M -3,551.00M -2,218.00M -2,230.00M -1,768.00M -1,005.00M -1,867.00M -2,660.00M -733.00M -1,374.00M -1,431.00M -1,154.00M -365.00M -380.00M -942.09M -591.17M -345.98M -330.01M -260.30M
Common Dividends Paid -4,313.00M -2,135.00M -3,065.00M -1,248.00M -941.00M -1,194.00M -742.00M -1,639.00M -1,802.00M -3,551.00M -2,218.00M -2,230.00M -1,768.00M -1,005.00M -1,867.00M -2,660.00M -733.00M -1,374.00M -1,431.00M -1,154.00M -365.00M -380.00M -942.00M -591.17M -328.95M -330.01M -260.30M
Preferred Dividends Paid 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Financing Activities -2,997.00M -3,004.00M -3,490.00M -3,131.00M -2,563.00M -2,179.00M -1,361.00M 1,615.00M -2,655.00M -1,417.00M -1,294.00M -1,482.00M 14,235.00M -3,923.00M -2,086.00M -650.00M -424.00M -875.00M -892.00M 210.00M -124.00M 6,337.00M 1,692.00M 338.12M -47.16M 394.44M 385.67M
Net Cash from Financing Activities -13,131.00M -3,828.00M -9,637.00M -7,108.00M -4,904.00M -6,129.00M 4,375.00M -123.00M 5,349.00M -902.00M -1,143.00M -3,782.00M 5,810.00M 2,917.00M -704.00M -1,963.00M 522.00M -2,124.00M 1,211.00M -1,481.00M -489.00M 5,835.00M 731.47M -395.20M -790.65M -324.04M 29.97M
Effect of FX on Cash -856.00M -405.00M -175.00M -41.00M -402.00M 183.00M 244.00M -107.00M -226.00M 230.00M -209.00M -127.00M -27.00M 67.00M -18.00M 240.00M 113.00M 1.00M 34.00M 35.00M -25.00M -65.00M -2.22M 0.64M 0.54M -1.93M 2.12M
Net Change in Cash 10,176.00M 344.00M -920.00M 2,658.00M -349.00M -1,243.00M 4,278.00M -835.00M -4,009.00M 5,610.00M -6,656.00M 792.00M 6,296.00M 399.00M -3,714.00M 168.00M 3,146.00M 35.00M 1,576.00M 449.00M -159.00M -1,131.00M 1,049.22M 199.47M -669.14M 35.76M -151.07M
Cash at Beginning of Period 26,704.00M 31,059.00M 12,283.00M 9,625.00M 7,320.00M 7,240.00M 5,852.00M 6,687.00M 9,247.00M 3,637.00M 10,293.00M 9,501.00M 3,205.00M 2,806.00M 6,520.00M 6,352.00M 3,206.00M 3,171.00M 1,230.00M 781.00M 940.00M 2,071.00M 1,022.25M 822.78M 1,491.92M 1,394.16M 1,545.23M
Cash at End of Period 36,746.00M 31,403.00M 11,363.00M 12,283.00M 6,798.00M 7,320.00M 7,240.00M 5,852.00M 5,238.00M 9,247.00M 3,637.00M 10,293.00M 9,501.00M 3,205.00M 2,806.00M 6,520.00M 6,352.00M 3,206.00M 2,806.00M 1,230.00M 781.00M 940.00M 2,071.47M 1,022.25M 822.78M 1,429.92M 1,394.16M
Operating Cash Flow 16,343.00M 13,172.00M 8,547.00M 5,980.00M 7,455.00M 7,570.00M 4,292.00M 4,529.00M 6,222.00M 5,757.00M 5,552.00M 6,684.00M 4,709.00M 5,196.00M 6,333.00M 4,671.00M 2,918.00M 2,759.00M 3,717.00M 3,056.00M 1,994.00M 1,316.00M 446.99M 897.82M 291.63M 451.25M 647.21M
Capital Expenditure -2,455.00M -2,762.00M -1,199.00M -1,309.00M -1,514.00M -1,834.00M -1,789.00M -2,894.00M -2,564.00M -1,752.00M -1,207.00M -1,696.00M -3,165.00M -3,485.00M -3,911.00M -1,962.00M -1,072.00M -1,206.00M -1,990.00M -2,137.00M -2,180.00M -2,249.00M -1,447.09M -623.32M -40.89M -5.93M -15.99M
Free Cash Flow 13,888.00M 10,410.00M 7,348.00M 4,671.00M 5,941.00M 5,736.00M 2,503.00M 1,635.00M 3,658.00M 4,005.00M 4,345.00M 4,988.00M 1,544.00M 1,711.00M 2,422.00M 2,709.00M 1,846.00M 1,553.00M 1,727.00M 919.00M -186.00M -933.00M -1,000.11M 274.50M 250.74M 445.33M 631.21M

Free Cash Flow

Metric 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
EBITDA 12,654.00M 12,304.00M 6,184.00M 5,983.00M 6,149.00M 5,801.00M 3,896.00M 4,291.00M 4,363.00M 3,729.00M 3,628.00M 3,886.00M 3,581.00M 3,401.00M 4,317.00M 4,240.00M 3,093.00M 1,982.00M 2,162.00M 2,150.00M 934.00M 11,691.00M 11,396.96M 462.77M 402.91M 329.80M 357.51M
(-) Tax Adjustment 1,661.74M 4,306.40M 720.20M 820.66M 638.40M 677.49M 586.20M 1,448.16M 610.82M 372.65M 258.95M 486.13M 668.14M 495.35M 730.70M 559.93M 238.45M 169.90M 118.50M 116.19M 30.90M 244.03M 1,091.81M 48.85M 50.97M 38.91M 33.97M
(-) Change In Working Capital 246.00M -173.00M 278.00M -252.00M 401.00M 28.00M -651.00M -154.00M -60.00M -96.00M -466.00M 65.00M -198.00M 37.00M 513.00M -1,351.00M -1,274.00M -553.00M -153.00M -366.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
(-) Capital Expenditure -2,455.00M -2,762.00M -1,199.00M -1,309.00M -1,514.00M -1,834.00M -1,789.00M -2,894.00M -2,564.00M -1,752.00M -1,207.00M -1,696.00M -3,165.00M -3,485.00M -3,911.00M -1,962.00M -1,072.00M -1,206.00M -1,990.00M -2,137.00M -2,180.00M -2,249.00M -1,447.09M -623.32M -40.89M -5.93M -15.99M
Unlevered Free Cash Flow 8,291.26M 5,408.60M 3,986.80M 4,105.34M 3,595.60M 3,261.51M 2,171.80M 102.84M 1,248.18M 1,700.35M 2,628.05M 1,638.87M -54.14M -616.35M -837.70M 3,069.07M 3,056.55M 1,159.10M 206.50M 262.81M -1,276.90M 9,197.97M 8,858.06M -209.40M 311.05M 284.96M 307.54M
(-) Net Interest Income After Taxes -2,270.73M -1,872.00M -1,165.39M -1,147.57M -1,303.04M -1,249.74M -1,294.70M -1,183.25M -1,367.40M -1,066.58M -851.55M -612.43M -698.73M -869.73M -968.64M -758.58M -591.58M -596.11M -551.99M -515.55M -349.06M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Debt Issuance -1,131.00M -131.00M -3,082.00M 1,961.00M -1,400.00M -2,756.00M 6,478.00M -99.00M 9,806.00M 4,066.00M 2,367.00M -242.00M -6,697.00M 7,781.00M 3,230.00M 2,365.00M 1,646.00M 125.00M 3,534.00M -126.00M 0.00M -122.00M -12.00M -142.15M -414.54M -385.28M -95.40M
Levered Free Cash Flow 9,430.98M 7,149.60M 2,070.18M 7,213.91M 3,498.65M 1,755.25M 9,944.50M 1,187.08M 12,421.58M 6,832.93M 5,846.60M 2,009.30M -6,052.41M 8,034.37M 3,360.94M 6,192.65M 5,294.13M 1,880.21M 4,292.50M 652.36M -927.85M 9,075.97M 8,846.06M -351.54M -103.49M -100.32M 212.14M