Page: Company Financials
Kyochon Food&Beverage Co., Ltd.
$4,340.00
+45.00 (1.05%)
As of: 2026-01-28
Master Data Export
Enterprise Value
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Stock Price | 5,560.00 | 4,721.25 | 4,127.50 | 5,693.75 | 9,243.75 | 14,056.25 |
| Market Capitalization | 277,980.08M | 178,814.45M | 103,136.73M | 142,281.86M | 244,104.78M | 293,883.58M |
| (-) Cash & Equivalents | 50,030.58M | 57,074.10M | 53,253.02M | 36,009.07M | 34,325.56M | 13,938.76M |
| (+) Total Debt | 113,805.09M | 102,472.79M | 83,225.87M | 40,786.75M | 31,197.57M | 16,620.59M |
| Enterprise Value | 341,754.60M | 224,213.14M | 133,109.57M | 147,059.54M | 240,976.79M | 296,565.41M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 504,358M | 449,763M | 480,810M | 444,951M | 517,457M | 507,628M | 447,628M | 380,091M | 339,117M | 325,538M |
| Cost of Revenue | 347,786M | 327,345M | 333,277M | 336,893M | 428,112M | 397,290M | 345,113M | 283,975M | 264,470M | 252,406M |
| Gross Profit | 156,573M | 122,419M | 147,533M | 108,058M | 89,346M | 110,338M | 102,515M | 96,117M | 74,648M | 73,132M |
| Gross Profit Margin | 31.0% | 27.2% | 30.7% | 24.3% | 17.3% | 21.7% | 22.9% | 25.3% | 22.0% | 22.5% |
| R&D Expenses | 1,156M | 530M | 325M | 85M | 188M | 182M | 287M | 236M | 91M | 105M |
| SG&A Expenses | 71,423M | 70,164M | 69,756M | 35,949M | 33,055M | 26,768M | 22,824M | 21,715M | 23,636M | 21,282M |
| Operating Expenses | 123,189M | 104,750M | 132,096M | 83,220M | 80,505M | 69,368M | 61,472M | 56,733M | 54,229M | 52,880M |
| Operating Income (EBIT) | 33,383M | 17,668M | 15,437M | 24,838M | 8,841M | 40,970M | 41,043M | 39,384M | 20,419M | 20,252M |
| Operating Income Margin | 6.6% | 3.9% | 3.2% | 5.6% | 1.7% | 8.1% | 9.2% | 10.4% | 6.0% | 6.2% |
| Interest Income | 1,938M | 2,320M | 2,261M | 2,214M | 904M | 384M | 300M | 331M | 150M | 99M |
| Interest Expense | 4,478M | 3,687M | 4,502M | 3,025M | 996M | 653M | 803M | 750M | 492M | 524M |
| Net Interest Income | -2,540M | -1,368M | -2,241M | -811M | -92M | -269M | -503M | -418M | -343M | -425M |
| Unusual Items | -7,025M | -7,788M | -5,419M | -6,447M | -2,223M | -1,448M | -1,445M | -1,985M | -4,977M | -8,072M |
| EBT Excluding Unusual Items | 30,843M | 16,301M | 13,196M | 24,028M | 8,749M | 40,702M | 40,540M | 38,965M | 20,076M | 19,826M |
| Pre-Tax Income | 23,818M | 8,512M | 7,777M | 17,581M | 6,525M | 39,254M | 39,095M | 36,980M | 15,100M | 11,755M |
| Pre-Tax Margin | 4.7% | 1.9% | 1.6% | 4.0% | 1.3% | 7.7% | 8.7% | 9.7% | 4.5% | 3.6% |
| Income Tax Expense | 10,833M | 3,318M | 6,944M | 4,779M | 1,582M | 9,404M | 15,255M | 7,462M | 3,643M | 5,056M |
| Net Income | 13,428M | 7,196M | 2,171M | 14,343M | 5,335M | 29,850M | 23,840M | 29,518M | 11,457M | 6,699M |
| Net Income Margin | 2.7% | 1.6% | 0.5% | 3.2% | 1.0% | 5.9% | 5.3% | 7.8% | 3.4% | 2.1% |
| Depreciation & Amortization | 14,426M | 10,645M | 12,736M | 9,559M | 8,865M | 8,039M | 7,775M | 7,539M | 3,935M | 3,883M |
| EBITDA | 47,810M | 28,313M | 28,174M | 34,397M | 17,706M | 49,010M | 48,819M | 46,923M | 24,354M | 24,135M |
| EBITDA Margin | 9.5% | 6.3% | 5.9% | 7.7% | 3.4% | 9.7% | 10.9% | 12.3% | 7.2% | 7.4% |
| NOPAT | 18,200M | 10,781M | 1,654M | 18,086M | 6,697M | 31,155M | 25,028M | 31,437M | 15,492M | 11,541M |
| NOPAT Margin | 3.6% | 2.4% | 0.3% | 4.1% | 1.3% | 6.1% | 5.6% | 8.3% | 4.6% | 3.5% |
| Owner's Earnings | -9,976M | -10,206M | -13,000M | -8,671M | 923M | 10,903M | -10,581M | 7,797M | -5,740M | -3,420M |
| Owner's Earnings Margin | -2.0% | -2.3% | -2.7% | -1.9% | 0.2% | 2.1% | -2.4% | 2.1% | -1.7% | -1.1% |
| EPS (Basic) | 268.75 | 288.04 | 86.92 | 574.00 | 212.90 | 1.00 | 954.28 | 1.00 | 547.29 | 320.20 |
| EPS (Diluted) | 268.65 | 288.05 | 43.46 | 573.94 | 212.90 | 1.00 | 954.28 | 1.00 | 547.29 | 320.20 |
| Shares (Basic) | 50M | 25M | 50M | 25M | 25M | 25M | 25M | 25M | 21M | 21M |
| Shares (Diluted) | 50M | 25M | 50M | 25M | 25M | 25M | 25M | 25M | 21M | 21M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | 55,002.34M | 45,058.81M | 58,215.28M | 60,977.78M | 61,887.19M | 47,849.22M | 34,094.70M | 25,724.20M | 9,844.73M | 9,586.14M |
| Short-Term Investments | 13,353.40M | 16,853.39M | 17,217.00M | 14,705.76M | 15,053.89M | 6,121.81M | 25,040.16M | 5,625.65M | 11,468.08M | 1,999.39M |
| Cash & Short-Term Investments | 68,355.74M | 61,912.21M | 75,432.28M | 75,683.54M | 76,941.08M | 53,971.03M | 59,134.86M | 31,349.86M | 21,312.81M | 11,585.53M |
| Net Receivables | 13,000.49M | 17,278.79M | 13,603.90M | 143.83M | 12,317.59M | 9,866.63M | 2,814.98M | 1,879.47M | 1,784.72M | 2,325.46M |
| Inventory | 12,744.51M | 13,401.80M | 15,342.46M | 20,111.83M | 18,323.68M | 13,722.33M | 13,336.90M | 6,147.25M | 3,310.16M | 3,001.67M |
| Other Current Assets | 0.00M | 3,863.02M | 2.48M | 10,182.55M | 5,663.74M | 1,778.81M | 2,087.46M | 1,067.25M | 2,549.41M | 2,627.12M |
| Total Current Assets | 94,100.75M | 96,455.82M | 104,381.13M | 106,121.75M | 113,246.09M | 79,338.79M | 77,374.20M | 40,443.83M | 28,957.10M | 19,539.78M |
| Property, Plant & Equipment | 228,409.85M | 228,847.01M | 215,179.87M | 194,904.29M | 174,235.97M | 165,573.06M | 144,028.30M | 110,574.94M | 78,091.44M | 44,142.46M |
| Goodwill | 320.13M | 320.13M | 320.13M | 2,608.28M | 2,608.28M | 0.00M | 0.00M | 0.00M | 809.87M | 2,834.96M |
| Intangible Assets | 4,787.60M | 3,731.51M | 3,883.17M | 3,443.28M | 3,395.27M | 3,064.89M | 3,105.87M | 2,146.71M | 1,843.27M | 1,707.16M |
| Long-Term Investments | 3,970.50M | 3,742.89M | -10,214.17M | 8,699.84M | -9,659.18M | -3,224.67M | -22,433.70M | -3,175.76M | -8,513.08M | 2,454.98M |
| Tax Assets | 8,346.28M | 0.00M | 8,710.10M | 0.00M | 1,944.44M | 1,277.57M | 1,840.16M | 1,979.58M | 611.37M | 194.74M |
| Other Non-Current Assets | 2,545.97M | 11,680.92M | 18,212.54M | 5,834.56M | 21,125.61M | 8,415.62M | 25,476.74M | 5,992.29M | 11,843.03M | 2,352.54M |
| Other Assets | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Total Non-Current Assets | 248,380.32M | 248,322.46M | 236,091.64M | 215,490.25M | 193,650.39M | 175,106.46M | 152,017.36M | 117,517.76M | 84,685.91M | 53,686.84M |
| Total Assets | 342,481.07M | 344,778.28M | 340,472.76M | 321,612.00M | 306,896.48M | 254,445.25M | 229,391.56M | 157,961.59M | 113,643.01M | 73,226.61M |
| Accounts Payable | 14,750.40M | 15,304.45M | 12,566.40M | 14,771.28M | 18,588.06M | 20,043.26M | 19,425.82M | 14,221.11M | 12,804.19M | 13,341.74M |
| Short-Term Debt | 72,455.62M | 71,722.25M | 71,806.84M | 56,831.93M | 57,227.48M | 13,934.97M | 7,958.05M | 10,578.66M | 9,931.17M | 13,220.52M |
| Tax Payables | 4,523.14M | 0.00M | 9,892.65M | 4,273.90M | 1,252.07M | 6,419.79M | 5,935.75M | 6,595.44M | 2,540.52M | 2,464.71M |
| Deferred Revenue | 0.00M | 0.00M | 0.00M | 0.00M | 2,626.53M | 21,715.22M | 19,411.18M | 20,326.66M | 2,540.52M | 11,577.96M |
| Other Current Liabilities | 16,571.64M | 30,880.48M | 21,213.96M | 22,141.65M | 17,861.19M | 18,855.11M | 16,767.61M | 17,646.25M | 6,389.87M | 8,621.44M |
| Total Current Liabilities | 108,300.79M | 117,907.18M | 115,479.84M | 98,018.75M | 97,555.32M | 80,968.35M | 69,498.40M | 69,368.11M | 34,206.26M | 49,226.36M |
| Long-Term Debt | 34,131.40M | 25,064.88M | 25,940.05M | 31,634.46M | 13,332.30M | 8,732.55M | 18,492.74M | 21,312.85M | 20,504.62M | 1,600.00M |
| Capital Lease Obligations | 10,893.36M | 13,342.68M | 11,798.54M | 8,398.11M | 8,127.92M | 6,341.26M | 5,785.71M | 5,954.45M | 0.00M | 0.00M |
| Deferred Tax Liabilities | 0.00M | 0.00M | 0.00M | 0.00M | 3,896.30M | 4,652.49M | 901.45M | 3,193.03M | 3,494.77M | 2,614.67M |
| Other Non-Current Liabilities | 3,304.50M | 4,447.93M | 3,255.39M | 3,358.39M | 3,636.09M | 4,151.08M | 4,935.07M | 5,441.29M | 2,428.44M | 2,507.25M |
| Total Non-Current Liabilities | 48,329.26M | 42,855.48M | 40,993.97M | 43,390.96M | 28,992.61M | 23,877.37M | 30,114.97M | 35,901.62M | 26,427.83M | 6,721.92M |
| Total Liabilities | 156,630.05M | 160,762.66M | 156,473.81M | 141,409.71M | 126,547.93M | 104,845.72M | 99,613.37M | 105,269.72M | 60,634.08M | 55,948.28M |
| Preferred Stock | 0.00M | 0.00M | 0.00M | 0.00M | 1,634.52M | 2,519.20M | 4,354.42M | 5,453.34M | 5,751.45M | 5,768.19M |
| Common Stock | 25,070.42M | 25,070.42M | 12,579.15M | 12,579.15M | 12,579.15M | 12,579.15M | 12,579.15M | 10,549.15M | 10,549.15M | 289.65M |
| Retained Earnings | 143,216.05M | 138,571.10M | 118,451.04M | 124,278.34M | 116,363.88M | 117,503.16M | 92,550.12M | 68,437.57M | 43,346.47M | 34,966.57M |
| Accumulated OCI | -5,170.49M | -4,686.89M | -4,676.64M | -3,441.69M | -1,634.52M | -2,519.20M | -4,354.42M | -5,453.34M | -5,751.45M | -5,768.19M |
| Minority Interest | 167.01M | 227.72M | 177.10M | -1,163.06M | 413.28M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Total Shareholders’ Equity | 163,115.99M | 158,954.63M | 126,353.55M | 133,415.80M | 128,943.03M | 130,082.31M | 105,129.27M | 78,986.72M | 53,895.62M | 35,256.22M |
| Total Equity | 163,283.00M | 159,182.35M | 126,530.65M | 132,252.75M | 129,356.31M | 130,082.31M | 105,129.27M | 78,986.72M | 53,895.62M | 35,256.22M |
| Total Liabilities & Equity | 319,913.04M | 319,945.01M | 283,004.46M | 273,662.46M | 255,904.24M | 234,928.03M | 204,742.64M | 184,256.44M | 114,529.70M | 91,204.50M |
| Tangible Assets | 337,373.34M | 340,726.64M | 336,269.47M | 315,560.44M | 300,892.94M | 251,380.36M | 226,285.69M | 155,814.87M | 110,989.87M | 68,684.49M |
| Tangible Equity | 158,175.27M | 155,130.71M | 122,327.36M | 126,201.19M | 123,352.77M | 127,017.42M | 102,023.40M | 76,840.01M | 51,242.47M | 30,714.10M |
| Tangible Book Value | 158,175.27M | 155,130.71M | 122,327.36M | 126,201.19M | 123,352.77M | 127,017.42M | 102,023.40M | 76,840.01M | 51,242.47M | 30,714.10M |
| Total Investments | 17,323.90M | 20,596.29M | 7,002.84M | 23,405.60M | 5,394.71M | 2,897.14M | 2,606.46M | 2,449.89M | 2,955.01M | 4,454.36M |
| Net Debt | 51,584.68M | 51,728.32M | 39,531.60M | 27,488.61M | 8,672.59M | -25,181.70M | -7,643.92M | 6,167.30M | 20,591.06M | 5,234.37M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Working Capital | -21,517.3M | -31,389.5M | -20,246.5M | 11,096.7M | 8,587.4M | 21,697.1M | 29,099.6M | -7,064.6M | -6,897.0M | -20,091.5M |
| Total Capital | 299,902.8M | 288,390.9M | 287,913.4M | 283,601.4M | 257,493.2M | 208,818.4M | 185,757.5M | 118,091.1M | 85,291.7M | 44,308.6M |
| Capital Employed | 226,863.0M | 216,932.9M | 215,845.1M | 226,586.9M | 202,237.8M | 196,803.6M | 181,116.9M | 110,453.1M | 77,789.0M | 33,595.3M |
| Invested Capital | 244,900.5M | 243,332.1M | 229,698.1M | 222,623.6M | 195,606.0M | 160,969.1M | 151,662.8M | 92,366.9M | 75,447.0M | 34,722.4M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 13,052.95M | 6,801.81M | 833.04M | 14,342.83M | 4,943.48M | 29,849.75M | 23,840.27M | 29,518.08M | 11,456.50M | 6,698.62M |
| Depreciation & Amortization | 14,426.40M | 10,645.02M | 12,736.12M | 9,559.27M | 8,865.08M | 8,039.33M | 7,775.38M | 7,539.27M | 3,935.45M | 3,882.75M |
| Deferred Income Tax | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 3,919.64M | 948.45M | 6,019.74M | 0.00M | 0.00M |
| Stock-Based Compensation | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 1,011.17M | 1,036.66M | 22.66M | 0.00M | 0.00M |
| Change in Working Capital | -6,570.80M | -5,233.04M | 2,083.79M | -12,260.59M | -5,040.46M | -10,172.97M | -6,639.42M | 89.44M | -2,032.56M | 1,197.17M |
| Accounts Receivable | -3,637.11M | 87.14M | -4,076.26M | 803.52M | -234.30M | -5,568.79M | -1,195.14M | 280.76M | 3,672.51M | 1,630.61M |
| Inventory | 1,443.18M | -662.59M | 4,800.24M | -1,778.49M | -3,996.21M | -312.22M | -7,223.53M | -2,772.43M | 908.89M | -483.23M |
| Accounts Payable | -1,154.92M | -541.72M | -2,298.01M | -3,830.52M | -3,849.64M | -1,388.90M | 5,235.66M | 873.58M | -2,614.74M | 5,989.74M |
| Other Working Capital | -3,221.95M | -4,115.88M | 3,657.82M | -7,455.10M | 3,039.68M | -2,903.05M | -3,456.41M | 1,707.53M | -2,941.45M | 1,680.40M |
| Other Non-Cash Items | 10,831.68M | 8,285.01M | 6,994.22M | 8,690.83M | -4,251.17M | -31.95M | 520.17M | 423.67M | 4,314.99M | 8,447.38M |
| Net Cash from Operating Activities | 31,740.23M | 15,018.79M | 22,647.17M | 20,332.34M | 4,516.93M | 32,614.97M | 27,481.50M | 43,612.85M | 17,674.39M | 20,225.92M |
| Capital Expenditures (PPE) | -35,348.31M | -28,047.20M | -26,943.93M | -31,776.94M | -13,277.41M | -26,985.74M | -42,196.71M | -29,260.70M | -21,131.75M | -14,000.87M |
| Acquisitions (Net) | 0.00M | 3,543.57M | 0.00M | 0.00M | -800.00M | -45.02M | 901.64M | 56.18M | 495.46M | -465.47M |
| Purchases of Investments | -12,247.84M | -16,892.75M | -21,756.69M | -15,762.25M | -29,666.36M | -335.21M | -54,092.55M | -5,755.48M | -6,092.73M | -1,379.47M |
| Sales / Maturities of Investments | 13,589.54M | 16,846.89M | 20,069.61M | 15,251.79M | 19,212.70M | 19,239.08M | 34,561.40M | 9,935.61M | 3,996.65M | 1,348.97M |
| Other Investing Activities | 2,690.11M | -1,655.72M | 2,789.59M | 868.54M | -3,162.32M | 186.03M | 918.35M | 470.98M | 474.47M | 542.20M |
| Net Cash from Investing Activities | -31,316.51M | -26,205.21M | -25,841.43M | -31,418.87M | -27,693.40M | -7,940.85M | -59,907.87M | -24,553.41M | -22,257.90M | -13,954.64M |
| Net Debt Issuance | 16,923.17M | 19,720.02M | 9,351.53M | 17,898.52M | -5,142.92M | -5,868.43M | -5,396.04M | 1,480.21M | 4,497.53M | -5,906.06M |
| Long-Term Debt Issuance | 7,562.59M | 18,402.65M | 300.00M | 20,000.00M | -5,142.92M | -3,493.60M | -4,896.04M | 7,113.33M | 9,393.00M | -900.00M |
| Short-Term Debt Issuance | 9,360.58M | 1,232.78M | 9,051.53M | -2,101.48M | 0.00M | -2,374.83M | -500.00M | -5,633.12M | -4,895.47M | -5,006.06M |
| Net Stock Issuance | -802.24M | 0.00M | -704.04M | 0.00M | 0.00M | 0.00M | 49,938.00M | 0.00M | 0.00M | 0.00M |
| Common Stock Issuance | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 49,938.00M | 0.00M | -49.50M | 0.00M |
| Common Stock Repurchased | -802.24M | 0.00M | -704.04M | 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 |
| Net Dividends Paid | -6,535.51M | -5,766.01M | -5,766.01M | -4,996.51M | -7,494.76M | -4,996.51M | 0.00M | -2,000.00M | -2,000.00M | 0.00M |
| Common Dividends Paid | -6,535.51M | -5,766.01M | -5,766.01M | -4,996.51M | -7,494.76M | -4,996.51M | 0.00M | -2,000.00M | -2,000.00M | 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 |
| Other Financing Activities | -3,215.11M | -2,864.25M | -3,541.82M | -2,701.03M | 49,050.00M | -195.00M | -3,702.36M | -2,692.66M | -49.50M | 0.00M |
| Net Cash from Financing Activities | 6,370.32M | 11,089.77M | -660.34M | 10,200.99M | 36,412.32M | -11,059.94M | 40,839.60M | -3,212.44M | 2,448.03M | -5,906.06M |
| Effect of FX on Cash | -135.54M | 449.06M | 1,092.10M | -28.87M | -2.87M | 140.33M | -42.72M | 32.48M | 22.59M | -254.74M |
| Net Change in Cash | 6,658.50M | 357.41M | -2,762.50M | -909.41M | 14,037.97M | 13,754.52M | 8,370.50M | 15,879.48M | 258.58M | 110.48M |
| Cash at Beginning of Period | 206,602.87M | 218,266.22M | 60,977.78M | 61,887.19M | 47,849.22M | 34,094.70M | 25,724.20M | 9,844.73M | 9,586.14M | 9,475.66M |
| Cash at End of Period | 213,261.37M | 218,623.62M | 58,215.28M | 60,977.78M | 61,887.19M | 47,849.22M | 34,094.70M | 25,724.20M | 9,844.73M | 9,586.14M |
| Operating Cash Flow | 31,740.23M | 15,018.79M | 22,647.17M | 20,332.34M | 4,516.93M | 32,614.97M | 27,481.50M | 43,612.85M | 17,674.39M | 20,225.92M |
| Capital Expenditure | -37,830.74M | -28,047.20M | -27,907.44M | -32,572.77M | -13,277.41M | -26,985.74M | -42,196.71M | -29,260.70M | -21,131.75M | -14,000.87M |
| Free Cash Flow | -6,090.51M | -13,028.41M | -5,260.27M | -12,240.44M | -8,760.49M | 5,629.23M | -14,715.22M | 14,352.15M | -3,457.36M | 6,225.05M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| EBITDA | 98,420.12M | 62,370.06M | 90,188.10M | 81,582.94M | 64,968.31M | 91,426.96M | 87,179.08M | 81,704.18M | 54,856.76M | 55,627.20M |
| (-) Tax Adjustment | 34,447.04M | 21,829.52M | 31,565.83M | 22,178.73M | 15,750.44M | 21,902.66M | 30,512.68M | 16,486.40M | 13,235.57M | 19,469.52M |
| (-) Change In Working Capital | -6,570.80M | -5,233.04M | 2,083.79M | -12,260.59M | -5,040.46M | -10,172.97M | -6,639.42M | 89.44M | -2,032.56M | 1,197.17M |
| (-) Capital Expenditure | -37,830.74M | -28,047.20M | -27,907.44M | -32,572.77M | -13,277.41M | -26,985.74M | -42,196.71M | -29,260.70M | -21,131.75M | -14,000.87M |
| Unlevered Free Cash Flow | 32,713.13M | 17,726.38M | 28,631.04M | 39,092.03M | 40,980.92M | 52,711.53M | 21,109.11M | 35,867.64M | 22,522.00M | 20,959.64M |
| (-) Net Interest Income After Taxes | -1,651.06M | -888.93M | -1,456.89M | -590.22M | -69.66M | -204.31M | -327.15M | -334.00M | -259.95M | -276.46M |
| Net Debt Issuance | 16,923.17M | 19,720.02M | 9,351.53M | 17,898.52M | -5,142.92M | -5,868.43M | -5,396.04M | 1,480.21M | 4,497.53M | -5,906.06M |
| Levered Free Cash Flow | 51,287.37M | 38,335.33M | 39,439.46M | 57,580.77M | 35,907.66M | 47,047.41M | 16,040.21M | 37,681.86M | 27,279.49M | 15,330.04M |