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Page: Company Financials

HK Electric Investments and HK Electric Investments Limited

Ticker: 2638.HK | Industry: Regulated Electric | Sector: Utilities
$6.67 +0.04 (0.60%)
As of: 2026-01-23

Master Data Export

Enterprise Value

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Stock Price 5.13 4.75 6.19 7.76 7.84 7.84 7.69 7.17 6.82 5.90 5.19 5.34
Market Capitalization 45,285.53M 41,927.77M 54,651.90M 68,568.91M 69,231.63M 69,275.81M 67,950.38M 63,311.37M 60,218.70M 52,133.58M 42,345.13M 10,680.00M
(-) Cash & Equivalents 37.50M 150.00M 190.00M 41.50M 401.00M 288.00M 244.00M 556.50M 311.50M 4,163.00M 3,405.50M 0.00M
(+) Total Debt 50,761.50M 51,132.00M 50,451.00M 46,517.50M 45,155.00M 43,262.00M 41,745.00M 40,883.00M 40,319.50M 47,295.00M 48,052.00M 0.00M
Enterprise Value 96,009.53M 92,909.77M 104,912.90M 115,044.91M 113,985.63M 112,249.81M 109,451.38M 103,637.87M 100,226.70M 95,265.58M 86,991.63M 10,680.00M

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
Revenue 23,801M 22,117M 12,057M 11,406M 10,793M 11,344M 10,389M 10,739M 11,612M 11,693M 11,420M 11,210M 10,504M 10,209M
Cost of Revenue 11,369M 11,411M 5,598M 5,384M 5,364M 5,497M 5,334M 5,485M 5,484M 5,384M 5,369M 5,189M 4,832M 4,222M
Gross Profit 12,432M 10,706M 6,459M 6,022M 5,429M 5,847M 5,055M 5,254M 6,128M 6,309M 6,051M 6,021M 5,672M 5,987M
Gross Profit Margin 52.2% 48.4% 53.6% 52.8% 50.3% 51.5% 48.7% 48.9% 52.8% 54.0% 53.0% 53.7% 54.0% 58.6%
R&D Expenses 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M
SG&A Expenses 1,231M 1,200M 385M 341M 348M 312M 344M 343M 1,028M 988M 844M 771M 0M 0M
Operating Expenses 1,782M 1,200M 971M 1,046M 920M 1,002M 915M 920M 1,056M 1,036M 891M 779M 692M 338M
Operating Income (EBIT) 10,650M 9,506M 5,488M 4,976M 4,509M 4,845M 4,140M 4,334M 5,072M 5,273M 5,160M 5,242M 4,980M 5,649M
Operating Income Margin 44.7% 43.0% 45.5% 43.6% 41.8% 42.7% 39.8% 40.4% 43.7% 45.1% 45.2% 46.8% 47.4% 55.3%
Interest Income -601M 1,963M 39M 44M 30M 13M 15M 7M 14M 7M 13M 46M 47M 286M
Interest Expense 2,626M 2,617M 1,408M 1,360M 961M 800M 971M 1,004M 967M 848M 991M 1,025M 938M 0M
Net Interest Income -3,227M -654M -1,369M -1,316M -931M -787M -956M -997M -953M -841M -978M -979M -891M 286M
Unusual Items -74M -1,353M -39M -44M -30M -13M -15M -128M 0M 0M -1M 0M 0M 104M
EBT Excluding Unusual Items 7,423M 8,852M 4,119M 3,660M 3,578M 4,058M 3,184M 3,337M 4,119M 4,432M 4,182M 4,263M 4,089M 5,935M
Pre-Tax Income 7,349M 7,499M 4,080M 3,616M 3,548M 4,045M 3,169M 3,209M 4,119M 4,432M 4,181M 4,263M 4,089M 6,039M
Pre-Tax Margin 30.9% 33.9% 33.8% 31.7% 32.9% 35.7% 30.5% 29.9% 35.5% 37.9% 36.6% 38.0% 38.9% 59.2%
Income Tax Expense 1,392M 1,350M 741M 646M 629M 735M 568M 614M 759M 794M 757M 750M 709M 859M
Net Income 6,286M 5,989M 3,111M 3,156M 2,954M 2,933M 2,732M 2,327M 3,051M 3,341M 3,599M 3,591M 3,201M 5,180M
Net Income Margin 26.4% 27.1% 25.8% 27.7% 27.4% 25.9% 26.3% 21.7% 26.3% 28.6% 31.5% 32.0% 30.5% 50.7%
Depreciation & Amortization 6,465M 6,072M 3,177M 3,101M 3,044M 3,120M 2,989M 2,999M 2,834M 2,731M 2,683M 2,793M 2,718M 1,983M
EBITDA 17,115M 15,578M 8,665M 8,077M 7,553M 7,965M 7,129M 7,333M 7,906M 8,004M 7,843M 8,035M 7,698M 7,632M
EBITDA Margin 71.9% 70.4% 71.9% 70.8% 70.0% 70.2% 68.6% 68.3% 68.1% 68.5% 68.7% 71.7% 73.3% 74.8%
NOPAT 8,633M 7,795M 4,491M 4,087M 3,710M 3,965M 3,398M 3,505M 4,137M 4,328M 4,226M 4,320M 4,117M 4,845M
NOPAT Margin 36.3% 35.2% 37.3% 35.8% 34.4% 34.9% 32.7% 32.6% 35.6% 37.0% 37.0% 38.5% 39.2% 47.5%
Owner's Earnings 5,367M 1,889M 2,519M 2,285M 237M 1,227M 906M 1,584M 2,346M 3,451M 3,407M 4,080M 4,177M 7,163M
Owner's Earnings Margin 22.5% 8.5% 20.9% 20.0% 2.2% 10.8% 8.7% 14.7% 20.2% 29.5% 29.8% 36.4% 39.8% 70.2%
EPS (Basic) 0.71 0.67 0.35 0.36 0.33 0.33 0.31 0.26 0.35 0.38 0.41 0.41 0.39 0.59
EPS (Diluted) 0.71 0.68 0.35 0.36 0.33 0.33 0.31 0.26 0.35 0.38 0.41 0.41 0.39 0.59
Shares (Basic) 8,836M 8,836M 8,836M 8,836M 8,836M 8,836M 8,836M 8,836M 8,836M 8,836M 8,836M 8,836M 8,158M 8,836M
Shares (Diluted) 8,836M 8,836M 8,836M 8,836M 8,836M 8,836M 8,836M 8,836M 8,836M 8,836M 8,836M 8,836M 8,158M 8,836M

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
Cash & Cash Equivalents 45.00M 30.00M 30.00M 21.00M 325.00M 34.00M 52.00M 299.00M 34.00M 784.00M 316.00M 5,977.00M 3,236.00M 1,060.00M
Short-Term Investments 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 875.00M 0.00M 180.00M 1,394.00M 0.00M
Cash & Short-Term Investments 45.00M 30.00M 30.00M 21.00M 325.00M 34.00M 52.00M 299.00M 34.00M 1,659.00M 316.00M 6,157.00M 4,630.00M 1,060.00M
Net Receivables 1,766.00M 1,265.00M 1,265.00M 1,469.00M 1,631.00M 1,157.00M 951.00M 854.00M 899.00M 890.00M 1,063.00M 1,086.00M 1,123.00M 0.00M
Inventory 1,135.00M 982.00M 982.00M 1,003.00M 1,446.00M 904.00M 726.00M 819.00M 989.00M 1,011.00M 985.00M 882.00M 933.00M 948.00M
Other Current Assets 33.00M 2.00M 2.00M -93.00M 1,802.00M 167.00M -120.00M 159.00M 68.00M 121.00M 99.00M 57.00M 49.00M 69.00M
Total Current Assets 2,979.00M 2,279.00M 2,279.00M 2,400.00M 5,204.00M 2,262.00M 1,609.00M 2,131.00M 1,990.00M 3,681.00M 2,463.00M 8,182.00M 6,735.00M 2,077.00M
Property, Plant & Equipment 79,641.00M 79,950.00M 79,950.00M 79,824.00M 78,960.00M 76,740.00M 74,434.00M 72,416.00M 71,059.00M 70,502.00M 70,713.00M 70,993.00M 71,467.00M 49,137.00M
Goodwill 33,623.00M 33,623.00M 33,623.00M 33,623.00M 33,623.00M 33,623.00M 33,623.00M 33,623.00M 33,623.00M 33,623.00M 33,623.00M 33,623.00M 33,623.00M 0.00M
Intangible 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
Long-Term Investments 878.00M 887.00M 887.00M 895.00M 793.00M 477.00M 278.00M 691.00M 568.00M 809.00M 1,034.00M 314.00M 0.00M 0.00M
Tax Assets 0.00M 0.00M 0.00M 4,138.00M -2,243.00M -1,073.00M -894.00M -691.00M -568.00M -809.00M -1,034.00M 6.00M 3.00M 0.00M
Other Non-Current Assets 1,383.00M 1,669.00M 1,669.00M -2,433.00M 4,575.00M 2,714.00M 2,397.00M 1,500.00M 1,161.00M 1,457.00M 1,488.00M 580.00M 1,020.00M -49,137.00M
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 -49,137.00M
Total Non-Current Assets 115,525.00M 116,129.00M 116,129.00M 116,047.00M 115,708.00M 112,481.00M 109,838.00M 107,539.00M 105,843.00M 105,582.00M 105,824.00M 105,516.00M 106,113.00M -49,137.00M
Total Assets 118,504.00M 118,408.00M 118,408.00M 118,447.00M 120,912.00M 114,743.00M 111,447.00M 109,670.00M 107,833.00M 109,263.00M 108,287.00M 113,698.00M 112,848.00M -47,060.00M
Accounts Payable 2,335.00M 2,742.00M 2,742.00M 3,381.00M 4,718.00M 3,970.00M 2,794.00M 2,921.00M 2,403.00M 2,394.00M 2,717.00M 2,557.00M 2,466.00M 63.00M
Short-Term Debt 21,286.00M 772.00M 772.00M 759.00M 557.00M 1,233.00M 4,184.00M 6,043.00M 440.00M 0.00M 335.00M 900.00M 520.00M 503.00M
Tax Payables 362.00M 224.00M 224.00M 889.00M 149.00M 506.00M 541.00M 577.00M 137.00M 214.00M 351.00M 360.00M 219.00M 0.00M
Deferred Revenue 0.00M 0.00M 0.00M 0.00M 63.00M 78.00M 566.00M 634.00M 137.00M 0.00M 369.00M 389.00M 241.00M -503.00M
Other Current Liabilities 501.00M 258.00M 258.00M 87.00M 189.00M 107.00M 255.00M 665.00M 998.00M 3,029.00M 4,088.00M 2,283.00M 631.00M 2,352.00M
Total Current Liabilities 24,484.00M 3,996.00M 3,996.00M 5,116.00M 5,676.00M 5,894.00M 8,340.00M 10,840.00M 4,115.00M 5,637.00M 7,860.00M 6,489.00M 4,077.00M 2,415.00M
Long-Term Debt 30,100.00M 50,083.00M 50,083.00M 49,447.00M 50,655.00M 45,393.00M 40,706.00M 37,002.00M 41,525.00M 41,371.00M 39,344.00M 46,317.00M 47,349.00M 29,574.00M
Capital Lease Obligations 2.00M 2.00M 2.00M 3.00M 1.00M 1.00M 1.00M 2.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Deferred Tax Liabilities 10,091.00M 10,140.00M 10,140.00M 10,124.00M 10,495.00M 9,982.00M 9,597.00M 9,540.00M 9,353.00M 9,149.00M 9,017.00M 9,247.00M 9,602.00M 0.00M
Other Non-Current Liabilities 2,926.00M 2,480.00M 2,480.00M 2,423.00M 2,610.00M 2,926.00M 2,912.00M 2,215.00M 2,199.00M 1,310.00M 518.00M 1,009.00M 874.00M -29,574.00M
Total Non-Current Liabilities 43,119.00M 62,705.00M 62,705.00M 61,997.00M 63,761.00M 58,302.00M 53,216.00M 48,759.00M 53,077.00M 51,830.00M 48,879.00M 56,573.00M 57,825.00M 0.00M
Total Liabilities 67,603.00M 66,701.00M 66,701.00M 67,113.00M 69,437.00M 64,196.00M 61,556.00M 59,599.00M 57,192.00M 57,467.00M 56,739.00M 63,062.00M 61,902.00M 2,415.00M
Preferred Stock 0.00M 0.00M 0.00M 19.67M 4.42M 0.00M 0.00M 0.00M 4.42M 4.00M 4.00M 4.00M 4.00M 0.00M
Common Stock 8.00M 8.00M 8.00M 3.58M 3.58M 8.00M 8.00M 8.00M 8.00M 8.00M 8.00M 8.00M 8.00M 2,411.00M
Retained Earnings 1,408.00M 1,422.00M 1,422.00M 1,420.00M 1,422.00M 1,422.00M 1,422.00M 1,422.00M 1,778.00M 1,778.00M 1,852.00M 1,723.00M 1,781.00M 0.00M
Accumulated OCI -374.00M 388.00M 388.00M 76.00M 431.00M -509.00M -1,159.00M -430.00M -13,690.00M -10,782.00M -8,052.00M -5,366.00M -2,704.00M 9,860.00M
Minority Interest 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 Shareholders’ Equity 1,042.00M 1,818.00M 1,818.00M 1,519.25M 1,861.00M 921.00M 271.00M 1,000.00M -11,899.58M -8,992.00M -6,188.00M -3,631.00M -911.00M 12,271.00M
Total Equity 1,042.00M 1,818.00M 1,818.00M 1,519.25M 1,861.00M 921.00M 271.00M 1,000.00M -11,899.58M -8,992.00M -6,188.00M -3,631.00M -911.00M 12,271.00M
Total Liabilities & Equity 68,645.00M 68,519.00M 68,519.00M 68,632.25M 71,298.00M 65,117.00M 61,827.00M 60,599.00M 45,292.42M 48,475.00M 50,551.00M 59,431.00M 60,991.00M 14,686.00M
Tangible Assets 84,881.00M 84,785.00M 84,785.00M 84,824.00M 87,289.00M 81,120.00M 77,824.00M 76,047.00M 74,210.00M 75,640.00M 74,664.00M 80,075.00M 79,225.00M -47,060.00M
Tangible Equity -32,581.00M -31,805.00M -31,805.00M -32,103.75M -31,762.00M -32,702.00M -33,352.00M -32,623.00M -45,522.58M -42,615.00M -39,811.00M -37,254.00M -34,534.00M 12,271.00M
Tangible Book Value -32,581.00M -31,805.00M -31,805.00M -32,103.75M -31,762.00M -32,702.00M -33,352.00M -32,623.00M -45,522.58M -42,615.00M -39,811.00M -37,254.00M -34,534.00M 12,271.00M
Total Investments 878.00M 887.00M 887.00M 895.00M 793.00M 477.00M 278.00M 691.00M 568.00M 1,684.00M 1,034.00M 494.00M 1,394.00M 0.00M
Net Debt 51,341.00M 50,825.00M 50,825.00M 50,185.00M 50,887.00M 46,592.00M 44,838.00M 42,746.00M 41,931.00M 40,587.00M 39,363.00M 41,240.00M 44,633.00M 29,017.00M

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
Working Capital -21,383.0M -1,628.0M -1,628.0M -2,625.0M -233.0M -3,470.0M -6,612.0M -8,069.0M -1,828.0M -1,900.0M -4,983.0M 2,070.0M 2,840.0M 0.0M
Total Capital 99,902.0M 100,147.0M 100,147.0M 99,187.0M 100,546.0M 95,020.0M 92,634.0M 91,519.0M 90,708.0M 91,093.0M 89,584.0M 96,229.0M 97,060.0M 42,348.0M
Capital Employed 94,142.0M 114,501.0M 114,501.0M 113,422.0M 115,475.0M 109,011.0M 103,226.0M 99,470.0M 104,015.0M 103,682.0M 100,841.0M 107,586.0M 108,953.0M 0.0M
Invested Capital 99,857.0M 100,117.0M 100,117.0M 99,166.0M 100,221.0M 94,986.0M 92,582.0M 91,220.0M 90,674.0M 90,309.0M 89,268.0M 90,252.0M 93,824.0M 41,288.0M

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
Net Income 6,286.00M 5,989.00M 4,080.00M 3,156.00M 3,548.00M 4,045.00M 3,169.00M 3,209.00M 4,119.00M 3,341.00M 4,181.00M 4,263.00M 4,089.00M 5,180.00M
Depreciation & Amortization 6,645.00M 6,072.00M 3,270.00M 2,981.00M 3,120.00M 3,122.00M 3,015.00M 2,988.00M 3,028.00M 2,731.00M 2,874.00M 2,793.00M 2,718.00M 0.00M
Deferred Income Tax 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 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
Change in Working Capital 250.00M -1,730.00M 172.00M 2,342.00M -1,566.00M -915.00M -61.00M -170.00M -2,171.00M -1,111.00M 2,037.00M 1,722.00M 720.00M 0.00M
Accounts Receivable 431.00M -782.00M 80.00M 158.00M -372.00M -257.00M 70.00M 57.00M 35.00M 125.00M 13.00M -28.00M -12.00M 0.00M
Inventory 91.00M -469.00M 38.00M 444.00M -549.00M -192.00M 98.00M 164.00M 10.00M -52.00M -111.00M 43.00M -41.00M 0.00M
Accounts Payable -1,251.00M 1,197.00M 0.00M -1,280.00M 985.00M 560.00M -385.00M -194.00M -312.00M 118.00M 304.00M 37.00M 12.00M 0.00M
Other Working Capital 979.00M -1,676.00M 54.00M 1,803.00M -1,630.00M -1,026.00M 156.00M -197.00M -1,904.00M -1,302.00M 1,831.00M 1,670.00M 773.00M 0.00M
Other Non-Cash Items 457.00M 13,164.00M -1,147.00M -408.00M -334.00M -63.00M -180.00M 414.00M 39.00M 926.00M -1,074.00M -714.00M -891.00M -5,180.00M
Net Cash from Operating Activities 13,638.00M 11,297.00M 6,375.00M 8,071.00M 4,768.00M 6,189.00M 5,943.00M 6,441.00M 5,015.00M 5,887.00M 8,018.00M 8,064.00M 6,636.00M 0.00M
Capital Expenditures (PPE) -7,384.00M -10,172.00M -3,769.00M -3,972.00M -5,761.00M -4,826.00M -4,815.00M -3,742.00M -3,539.00M -2,621.00M -2,875.00M -2,304.00M -1,742.00M 0.00M
Acquisitions (Net) 12.00M 0.00M 0.00M 0.00M 0.00M 0.00M 1.00M 0.00M 0.00M 0.00M 1.00M 0.00M -31,377.00M 0.00M
Purchases of Investments -47.00M -569.00M 0.00M -115.00M -316.00M -199.00M -236.00M -42.00M 0.00M 0.00M -1.00M 0.00M -1,394.00M 0.00M
Sales / Maturities of Investments 53.00M 0.00M 0.00M 0.00M 0.00M 0.00M 235.00M 0.00M 875.00M 0.00M 180.00M 1,214.00M 34,355.00M 0.00M
Other Investing Activities -11.00M -569.00M -222.00M -294.00M 0.00M 0.00M -235.00M 0.00M 875.00M -875.00M 180.00M 1,214.00M -34,353.00M 0.00M
Net Cash from Investing Activities -7,377.00M -10,741.00M -3,991.00M -4,381.00M -6,077.00M -5,025.00M -5,050.00M -3,784.00M -2,664.00M -3,496.00M -2,694.00M -1,090.00M -34,511.00M 0.00M
Net Debt Issuance -572.00M 3,798.00M 397.00M -1,277.00M 4,373.00M 1,598.00M 1,705.00M 718.00M 365.00M 1,538.00M -7,504.00M -779.00M 9,093.00M 0.00M
Long-Term Debt Issuance -892.00M 3,798.00M 397.00M -1,277.00M 4,373.00M 1,598.00M 1,705.00M 718.00M 365.00M 1,538.00M -7,504.00M -779.00M 9,093.00M 0.00M
Short-Term Debt Issuance 320.00M 0.00M 0.00M 1.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net 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 23,523.00M 0.00M
Common 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 23,523.00M 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
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
Net Dividends Paid -5,660.00M -5,660.00M -2,830.00M -2,830.00M -2,830.00M -2,830.00M -2,830.00M -3,186.00M -3,538.00M -3,538.00M -3,538.00M -3,517.00M -1,461.00M 0.00M
Common Dividends Paid -5,660.00M -5,660.00M -2,830.00M -2,830.00M -2,830.00M -2,830.00M -2,830.00M -3,186.00M -3,538.00M -3,538.00M -3,538.00M -3,517.00M -1,461.00M 0.00M
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
Other Financing Activities -501.00M 1,538.00M 56.00M 67.00M 63.00M 47.00M 24.00M 44.00M 65.00M 73.00M 56.00M 64.00M -43.00M 0.00M
Net Cash from Financing Activities -6,733.00M -324.00M -2,377.00M -4,040.00M 1,606.00M -1,185.00M -1,101.00M -2,424.00M -3,108.00M -1,927.00M -10,986.00M -4,232.00M 31,112.00M 0.00M
Effect of FX on Cash -35.00M -2.00M 1.00M 2.00M -6.00M 3.00M -6.00M -1.00M 7.00M 4.00M 1.00M -1.00M -1.00M 0.00M
Net Change in Cash -264.00M 230.00M 8.00M -348.00M 291.00M -18.00M -214.00M 232.00M -750.00M 468.00M -5,661.00M 2,741.00M 3,236.00M 0.00M
Cash at Beginning of Period 375.00M 463.00M -23.00M 325.00M 34.00M 52.00M 266.00M 34.00M 784.00M 316.00M 5,977.00M 3,236.00M 0.00M 0.00M
Cash at End of Period 111.00M 693.00M -15.00M -23.00M 325.00M 34.00M 52.00M 266.00M 34.00M 784.00M 316.00M 5,977.00M 3,236.00M 0.00M
Operating Cash Flow 13,866.00M 11,297.00M 6,375.00M 8,071.00M 4,768.00M 6,189.00M 5,943.00M 6,441.00M 5,015.00M 5,887.00M 8,018.00M 8,064.00M 6,636.00M 0.00M
Capital Expenditure -7,384.00M -10,172.00M -3,769.00M -3,972.00M -5,761.00M -4,826.00M -4,815.00M -3,742.00M -3,539.00M -2,621.00M -2,875.00M -2,304.00M -1,742.00M 0.00M
Free Cash Flow 6,482.00M 1,125.00M 2,375.00M 3,792.00M -993.00M 1,363.00M 1,128.00M 2,699.00M 1,476.00M 3,266.00M 5,143.00M 5,760.00M 4,894.00M 0.00M

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
EBITDA 17,666.00M 15,578.00M 9,251.00M 8,782.00M 8,125.00M 8,655.00M 7,700.00M 7,910.00M 7,934.00M 8,052.00M 7,890.00M 8,043.00M 8,390.00M 7,970.09M
(-) Tax Adjustment 3,346.18M 2,804.41M 1,680.14M 1,568.91M 1,440.42M 1,572.66M 1,380.12M 1,513.47M 1,461.98M 1,442.53M 1,428.54M 1,415.02M 1,454.76M 1,133.68M
(-) Change In Working Capital 250.00M -1,730.00M 172.00M 2,342.00M -1,566.00M -915.00M -61.00M -170.00M -2,171.00M -1,111.00M 2,037.00M 1,722.00M 720.00M 0.00M
(-) Capital Expenditure -7,384.00M -10,172.00M -3,769.00M -3,972.00M -5,761.00M -4,826.00M -4,815.00M -3,742.00M -3,539.00M -2,621.00M -2,875.00M -2,304.00M -1,742.00M 0.00M
Unlevered Free Cash Flow 6,685.82M 4,331.59M 3,629.86M 899.09M 2,489.58M 3,171.34M 1,565.88M 2,824.53M 5,104.02M 5,099.47M 1,549.46M 2,601.98M 4,473.24M 6,836.40M
(-) Net Interest Income After Taxes -2,615.76M -536.26M -1,120.37M -1,080.90M -765.95M -644.00M -784.65M -806.24M -777.39M -690.33M -800.93M -806.76M -736.51M 245.32M
Net Debt Issuance -572.00M 3,798.00M 397.00M -1,277.00M 4,373.00M 1,598.00M 1,705.00M 718.00M 365.00M 1,538.00M -7,504.00M -779.00M 9,093.00M 0.00M
Levered Free Cash Flow 8,729.58M 8,665.85M 5,147.22M 702.99M 7,628.53M 5,413.33M 4,055.53M 4,348.76M 6,246.41M 7,327.80M -5,153.61M 2,629.74M 14,302.75M 6,591.09M