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Definitive Analysis

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Page: Industry Financials

SRHHYPOLTD.BO

Industry Analysis

Master Data Export

Industry Enterprise Value

Metric MRQ 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 1999 1998 1997 1996 1995
Stock Price 5.55 9.52 10.50 10.69 12.29 9.66 9.10 9.23 12.35 9.76 9.57 9.38 10.18 8.99 8.13 8.19 5.34 4.24 7.80 3.20 1.91 1.80 1.31 1.56 1.33 1.29 0.92 0.89 0.91 0.64 0.59
Market Capitalization 2,799.98M 2,871.10M 3,079.31M 3,304.36M 3,944.72M 2,756.86M 2,523.91M 2,622.87M 3,069.43M 2,433.95M 2,151.31M 1,541.40M 1,328.20M 1,310.91M 1,118.62M 1,311.12M 918.82M 554.15M 1,011.53M 525.56M 332.04M 326.84M 266.87M 327.73M 392.69M 474.97M 354.44M 341.53M 383.09M 290.29M 255.54M
(-) Cash & Equivalents 518.49M 507.75M 572.18M 618.43M 513.53M 488.17M 332.20M 330.38M 303.20M 228.00M 205.13M 199.78M 178.29M 179.22M 162.57M 118.17M 92.74M 92.32M 75.71M 51.01M 40.42M 34.39M 32.91M 32.02M 30.62M 28.24M 19.48M 15.14M 10.11M 4.69M 4.10M
(+) Total Debt 1,967.49M 1,446.41M 1,355.19M 1,297.74M 1,104.59M 1,144.08M 1,071.11M 888.47M 903.39M 855.86M 721.79M 761.88M 735.42M 595.61M 446.99M 397.74M 347.76M 372.45M 230.06M 162.85M 138.51M 103.84M 86.29M 83.81M 80.59M 77.89M 75.34M 59.51M 49.40M 26.00M 25.42M
Enterprise Value 4,766,804,281.59 4,227,439,755.08 4,715,634,558.16 4,702,670,347.02 5,641,624,605.42 4,033,838,506.13 3,610,871,277.34 3,130,116,493.39 3,847,331,678.65 3,411,882,380.07 2,897,259,556.98 2,209,635,388.27 2,183,850,729.31 2,023,315,649.51 1,689,014,931.34 1,678,913,401.14 1,329,731,180.83 1,018,415,547.37 1,213,430,336.49 718,801,098.45 440,317,516.89 399,984,671.91 339,732,651.26 405,837,888.02 490,219,021.02 565,185,666.94 413,159,804.97 402,148,901.79 426,687,832.98 327,370,921.86 299,615,548.95

Industry Income Statement

Metric TTM 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 1999 1998 1997 1996 1995
Revenue 3,615.29M 3,509.39M 3,497.90M 3,917.00M 3,360.15M 2,751.87M 2,797.31M 2,782.22M 2,606.78M 2,156.72M 1,985.94M 2,006.64M 1,760.25M 1,775.59M 1,563.82M 1,228.26M 1,014.32M 1,113.81M 826.47M 533.91M 401.24M 313.20M 221.98M 284.59M 268.31M 248.48M 135.49M 119.48M 123.53M 78.98M 73.57M
Cost of Revenue 2,816.14M 2,893.18M 2,868.57M 3,117.60M 2,611.64M 2,177.65M 2,226.92M 2,283.20M 1,975.98M 1,635.28M 1,633.25M 1,673.63M 1,468.91M 1,304.22M 1,095.58M 878.50M 726.11M 852.19M 655.72M 418.85M 293.74M 227.48M 170.77M 191.23M 173.94M 186.53M 107.45M 98.11M 98.36M 59.37M 53.88M
Gross Profit 799.14M 616.21M 629.33M 799.39M 748.52M 574.22M 570.39M 499.02M 630.80M 521.45M 352.69M 333.02M 291.35M 471.36M 468.24M 349.76M 288.21M 261.62M 170.75M 115.06M 107.50M 85.72M 51.21M 93.36M 94.37M 61.95M 28.05M 21.36M 25.17M 19.61M 19.69M
Gross Margin 22.1% 17.6% 18.0% 20.4% 22.3% 20.9% 20.4% 17.9% 24.2% 24.2% 17.8% 16.6% 16.6% 26.5% 29.9% 28.5% 28.4% 23.5% 20.7% 21.6% 26.8% 27.4% 23.1% 32.8% 35.2% 24.9% 20.7% 17.9% 20.4% 24.8% 26.8%
R&D Expenses 44.45M 52.30M 55.23M 52.23M 47.16M 37.88M 32.63M 32.42M 26.79M 20.03M 18.85M 14.32M 12.73M 7.44M 2.04M 1.42M 0.04M 0.01M 0.02M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
SG&A Expenses 256.45M 221.50M 219.29M 254.29M 221.97M 206.74M 212.37M 183.07M 182.10M 174.55M 165.29M 159.42M 148.35M 106.64M 74.12M 62.82M 62.50M 75.42M 62.94M 40.74M 24.19M 22.06M 23.40M 31.01M 14.43M 15.24M 8.75M 7.76M 9.70M 5.32M 6.01M
Operating Expenses 300.91M 273.81M 274.52M 306.53M 269.13M 244.62M 245.00M 215.49M 208.88M 194.57M 184.15M 173.74M 161.08M 114.08M 76.16M 64.24M 62.54M 75.43M 62.96M 40.74M 24.19M 22.06M 23.40M 31.01M 14.43M 15.24M 8.75M 7.76M 9.70M 5.32M 6.01M
Operating Income 498.24M 342.41M 354.81M 492.86M 479.38M 329.61M 325.39M 283.54M 421.92M 326.88M 168.54M 159.28M 130.26M 357.28M 392.07M 285.52M 225.67M 186.19M 107.79M 74.32M 83.32M 63.66M 27.81M 62.35M 79.94M 46.71M 19.30M 13.60M 15.47M 14.30M 13.68M
Operating Margin 13.8% 9.8% 10.1% 12.6% 14.3% 12.0% 11.6% 10.2% 16.2% 15.2% 8.5% 7.9% 7.4% 20.1% 25.1% 23.2% 22.2% 16.7% 13.0% 13.9% 20.8% 20.3% 12.5% 21.9% 29.8% 18.8% 14.2% 11.4% 12.5% 18.1% 18.6%
Interest Income 14.66M 15.51M 16.49M 11.87M 6.64M 6.57M 7.73M 7.61M 6.23M 6.30M 3.99M 3.73M 3.60M 3.83M 3.10M 2.01M 1.52M 2.00M 1.31M 0.58M 0.51M 0.43M 0.36M 0.36M 0.41M 0.47M 0.02M 0.00M 0.07M 0.00M 0.00M
Interest Expense 63.41M 61.03M 51.49M 46.25M 41.65M 45.41M 40.44M 37.21M 36.78M 33.75M 31.24M 33.77M 28.25M 24.18M 20.09M 16.25M 13.91M 18.47M 10.58M 6.72M 4.96M 3.61M 2.77M 3.06M 2.57M 2.55M 1.42M 1.97M 1.64M 1.52M 1.36M
Net Interest Income -48.75M -45.51M -35.00M -34.38M -35.01M -38.84M -32.71M -29.60M -30.55M -27.45M -27.25M -30.04M -24.65M -20.34M -16.99M -14.23M -12.39M -16.47M -9.27M -6.14M -4.45M -3.18M -2.41M -2.69M -2.16M -2.08M -1.39M -1.97M -1.57M -1.52M -1.36M
Other Income / Expense -344.30M -165.23M -139.38M -66.31M 34.10M -141.31M -127.56M 21.63M -169.62M -113.31M -4.13M -14.59M -14.42M -230.12M -234.92M -178.50M -170.29M -122.99M -36.84M -35.20M -53.94M -42.33M -14.69M -51.56M -69.34M -33.00M -8.02M -2.30M -3.43M -4.26M -2.65M
Pre-Tax Income 105.18M 131.66M 180.43M 392.17M 478.47M 149.46M 165.12M 275.57M 221.75M 186.12M 137.16M 114.66M 91.19M 106.82M 140.16M 92.78M 42.99M 46.73M 61.68M 32.98M 24.92M 18.14M 10.71M 8.10M 8.43M 11.63M 9.88M 9.33M 10.47M 8.52M 9.68M
Pre-Tax Margin 2.9% 3.8% 5.2% 10.0% 14.2% 5.4% 5.9% 9.9% 8.5% 8.6% 6.9% 5.7% 5.2% 6.0% 9.0% 7.6% 4.2% 4.2% 7.5% 6.2% 6.2% 5.8% 4.8% 2.8% 3.1% 4.7% 7.3% 7.8% 8.5% 10.8% 13.2%
Income Tax Expense 32.41M 31.42M 37.33M 67.19M 75.95M 31.80M 33.88M 45.89M 38.52M 34.51M 26.16M 26.41M 24.37M 22.87M 27.84M 12.29M 9.83M 12.54M 17.14M 7.67M 7.25M 2.80M 2.95M 2.65M 1.77M 2.60M 1.62M 1.63M 2.19M 1.35M 1.63M
Tax Rate 30.8% 23.9% 20.7% 17.1% 15.9% 21.3% 20.5% 16.7% 17.4% 18.5% 19.1% 23.0% 26.7% 21.4% 19.9% 13.3% 22.9% 26.8% 27.8% 23.3% 29.1% 15.5% 27.6% 32.8% 21.0% 22.3% 16.4% 17.4% 20.9% 15.9% 16.8%
Net Income 72.77M 100.24M 143.09M 324.98M 402.52M 117.66M 131.24M 229.67M 183.23M 151.61M 111.00M 88.24M 66.82M 83.94M 112.32M 80.49M 33.16M 34.19M 44.54M 25.31M 17.68M 15.33M 7.76M 5.45M 6.66M 9.04M 8.27M 7.70M 8.28M 7.17M 8.05M
Net Margin 2.0% 2.9% 4.1% 8.3% 12.0% 4.3% 4.7% 8.3% 7.0% 7.0% 5.6% 4.4% 3.8% 4.7% 7.2% 6.6% 3.3% 3.1% 5.4% 4.7% 4.4% 4.9% 3.5% 1.9% 2.5% 3.6% 6.1% 6.4% 6.7% 9.1% 10.9%
EBIT 498.24M 342.41M 354.81M 492.86M 479.38M 329.61M 325.39M 283.54M 421.92M 326.88M 168.54M 159.28M 130.26M 357.28M 392.07M 285.52M 225.67M 186.19M 107.79M 74.32M 83.32M 63.66M 27.81M 62.35M 79.94M 46.71M 19.30M 13.60M 15.47M 14.30M 13.68M
Depreciation & Amortization 205.39M 230.90M 214.34M 193.41M 184.36M 182.59M 149.75M 132.96M 128.42M 128.36M 110.61M 105.93M 91.79M 85.76M 64.47M 58.45M 53.30M 49.67M 40.19M 24.78M 18.52M 15.18M 10.69M 14.65M 12.89M 15.30M 8.77M 7.01M 1.25M 1.21M 1.90M
EBITDA 703.63M 573.30M 569.15M 686.28M 663.74M 512.19M 475.14M 416.50M 550.34M 455.23M 279.15M 265.22M 222.05M 443.04M 456.55M 343.97M 278.96M 235.87M 147.98M 99.10M 101.84M 78.84M 38.49M 77.00M 92.83M 62.01M 28.07M 20.62M 16.72M 15.51M 15.59M
EBITDA Margin 19.5% 16.3% 16.3% 17.5% 19.8% 18.6% 17.0% 15.0% 21.1% 21.1% 14.1% 13.2% 12.6% 25.0% 29.2% 28.0% 27.5% 21.2% 17.9% 18.6% 25.4% 25.2% 17.3% 27.1% 34.6% 25.0% 20.7% 17.3% 13.5% 19.6% 21.2%
NOPAT 344.69M 260.70M 281.39M 408.42M 403.29M 259.48M 258.63M 236.31M 348.63M 266.27M 136.40M 122.59M 95.45M 280.77M 314.19M 247.68M 174.06M 136.24M 77.83M 57.03M 59.09M 53.82M 20.14M 41.93M 63.17M 36.28M 16.14M 11.23M 12.24M 12.03M 11.39M
NOPAT Margin 9.5% 7.4% 8.0% 10.4% 12.0% 9.4% 9.2% 8.5% 13.4% 12.3% 6.9% 6.1% 5.4% 15.8% 20.1% 20.2% 17.2% 12.2% 9.4% 10.7% 14.7% 17.2% 9.1% 14.7% 23.5% 14.6% 11.9% 9.4% 9.9% 15.2% 15.5%
Owner's Earnings 278.16M 331.14M 357.43M 518.40M 586.89M 300.25M 280.99M 362.64M 311.65M 279.97M 221.62M 194.18M 158.61M 169.70M 176.79M 138.94M 86.46M 83.87M 84.73M 50.08M 36.19M 30.51M 18.44M 20.09M 19.55M 24.34M 17.03M 14.72M 9.53M 8.37M 9.96M
Owner's Earnings Margin 7.7% 9.4% 10.2% 13.2% 17.5% 10.9% 10.0% 13.0% 12.0% 13.0% 11.2% 9.7% 9.0% 9.6% 11.3% 11.3% 8.5% 7.5% 10.3% 9.4% 9.0% 9.7% 8.3% 7.1% 7.3% 9.8% 12.6% 12.3% 7.7% 10.6% 13.5%
EPS 0.07 0.10 0.14 0.32 0.39 0.12 0.13 0.24 0.21 0.18 0.16 0.13 0.12 0.15 0.21 0.16 0.08 0.08 0.12 0.06 0.04 0.04 0.02 0.01 0.01 0.02 0.02 0.02 0.02 0.01 0.02
EPS (Diluted) 0.07 0.10 0.14 0.32 0.39 0.12 0.13 0.24 0.21 0.18 0.16 0.13 0.12 0.15 0.21 0.16 0.08 0.08 0.12 0.06 0.04 0.04 0.02 0.01 0.01 0.02 0.02 0.02 0.02 0.01 0.02
Shares (Diluted) 1,067.29M 1,049.53M 1,042.54M 1,025.17M 1,039.79M 981.50M 978.94M 940.36M 884.34M 835.68M 713.91M 655.62M 572.41M 543.49M 539.31M 489.42M 414.08M 432.13M 386.66M 429.58M 409.16M 423.55M 418.72M 446.07M 488.56M 501.20M 501.02M 495.49M 511.91M 515.85M 511.33M

Industry Balance Sheet

Metric MRQ 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 1999 1998 1997 1996 1995
Cash & Cash Equivalents 513.48M 507.75M 572.18M 618.43M 517.07M 488.46M 332.20M 330.38M 303.20M 229.82M 206.74M 199.78M 179.65M 179.22M 165.60M 118.96M 92.74M 93.00M 75.71M 51.01M 40.42M 34.68M 32.91M 32.02M 31.73M 29.11M 20.31M 16.46M 10.50M 4.92M 4.38M
Short-Term Investments 77.25M 51.84M 67.17M 51.22M 115.35M 83.14M 83.11M 96.33M 88.96M 49.64M 43.05M 37.50M 34.27M 33.70M 36.98M 24.53M 13.95M 10.17M 6.20M 2.60M 4.14M 4.99M 3.92M 3.90M 1.06M 4.68M 4.24M 5.02M 8.02M 0.40M 0.18M
Cash & Short-Term Investments 590.73M 559.59M 639.35M 669.65M 632.42M 571.59M 415.31M 426.72M 392.16M 279.46M 249.79M 237.27M 213.93M 212.92M 202.58M 143.49M 106.69M 103.18M 81.91M 53.61M 44.56M 39.67M 36.83M 35.92M 32.79M 33.78M 24.55M 21.49M 18.53M 5.31M 4.56M
Net Receivables 609.74M 622.49M 521.10M 645.80M 635.76M 520.78M 453.05M 467.09M 426.15M 350.53M 304.03M 309.93M 289.79M 272.02M 172.10M 140.88M 109.27M 112.88M 104.42M 52.60M 33.58M 27.35M 21.41M 24.28M 27.50M 6.43M 4.67M 5.31M 4.51M 4.59M 4.27M
Inventory 674.81M 627.55M 614.89M 632.43M 489.53M 401.17M 413.31M 397.31M 336.54M 278.93M 270.31M 283.17M 255.71M 256.02M 196.40M 160.39M 126.57M 138.81M 117.89M 71.19M 54.05M 39.97M 27.14M 32.63M 28.07M 31.44M 22.77M 21.17M 20.24M 12.91M 11.56M
Other Current Assets 83.08M 99.02M 130.98M 134.72M 110.35M 105.59M 111.40M 103.28M 104.50M 109.97M 89.05M 84.21M 64.30M 60.74M 48.39M 47.03M 40.38M 34.88M 33.85M 16.53M 10.92M 7.90M 20.51M 20.09M 17.96M 28.17M 26.32M 25.35M 17.58M 14.15M 8.14M
Total Current Assets 1,958.35M 1,908.65M 1,906.33M 2,082.59M 1,868.06M 1,599.14M 1,393.07M 1,394.40M 1,259.35M 1,018.88M 913.18M 914.58M 823.73M 801.71M 619.46M 491.79M 382.91M 389.74M 338.07M 193.93M 143.11M 114.89M 105.89M 112.92M 106.32M 99.82M 78.31M 73.32M 60.86M 36.97M 28.54M
Property, Plant & Equipment 2,608.76M 2,633.34M 2,347.70M 2,218.91M 2,008.79M 1,839.31M 1,710.72M 1,535.78M 1,458.49M 1,435.42M 1,315.47M 1,213.00M 1,085.70M 1,044.92M 754.41M 663.69M 594.17M 527.89M 399.72M 274.95M 221.32M 162.57M 147.44M 158.04M 133.91M 133.56M 115.18M 110.87M 70.47M 48.03M 39.03M
Goodwill 92.38M 113.15M 111.39M 112.78M 108.65M 86.30M 91.17M 76.12M 75.28M 48.93M 45.47M 45.28M 38.74M 29.81M 10.58M 10.28M 5.85M 7.07M 4.39M 1.52M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Intangible Assets 271.74M 181.37M 186.19M 206.98M 179.83M 161.55M 126.63M 107.89M 101.49M 85.27M 83.37M 61.05M 52.49M 54.12M 44.91M 34.62M 28.40M 22.26M 16.71M 8.29M 7.76M 5.38M 5.78M 6.46M 4.68M 3.72M 1.74M 2.26M 0.77M 0.32M 0.23M
Long-Term Investments 355.35M 231.45M 274.25M 245.38M 169.22M 136.36M 153.69M 122.46M 120.52M 120.31M 119.63M 99.07M 89.15M 69.69M 57.78M 50.84M 34.92M 29.69M 36.73M 5.16M 6.47M 3.05M 2.28M 5.21M 0.92M 0.61M 0.04M 0.05M 0.00M 0.00M 0.00M
Tax Assets 63.19M 58.58M 50.68M 58.84M 59.71M 44.35M 37.20M 28.62M 26.73M 23.15M 20.65M 19.96M 15.90M 16.86M 10.56M 10.82M 9.31M 8.86M 4.22M 1.69M 1.30M 0.81M 0.82M 1.36M 0.68M 0.04M 0.00M 0.02M 0.00M 0.00M 0.00M
Other Non-Current Assets 116.60M 216.05M 122.28M 158.68M 151.54M 122.74M 102.61M 128.13M 125.12M 98.44M 86.90M 58.12M 61.71M 52.16M 54.27M 43.17M 35.84M 33.02M 25.21M 24.95M 11.62M 7.88M 6.86M 9.80M 6.56M 14.25M 12.68M 8.65M 6.31M 2.44M 1.28M
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 0.00M 0.00M 0.00M 0.00M
Total Non-Current Assets 3,508.01M 3,433.94M 3,092.50M 3,001.57M 2,677.75M 2,390.61M 2,222.02M 1,999.00M 1,907.63M 1,811.51M 1,671.47M 1,496.48M 1,343.69M 1,267.57M 932.52M 813.41M 708.48M 628.79M 486.97M 316.55M 248.47M 179.69M 163.18M 180.86M 146.75M 152.19M 129.63M 121.85M 77.55M 50.78M 40.54M
Total Assets 5,466.37M 5,342.59M 4,998.82M 5,084.16M 4,545.81M 3,989.74M 3,615.09M 3,393.40M 3,166.98M 2,830.39M 2,584.65M 2,411.06M 2,167.42M 2,069.28M 1,551.98M 1,305.20M 1,091.39M 1,018.53M 825.04M 510.48M 391.58M 294.58M 269.07M 293.78M 253.08M 252.01M 207.95M 195.16M 138.41M 87.76M 69.08M
Accounts Payable 475.91M 581.47M 510.19M 554.11M 486.83M 377.24M 372.55M 375.17M 362.14M 311.82M 261.31M 285.12M 218.93M 193.52M 174.48M 151.83M 112.59M 111.67M 90.62M 45.17M 46.65M 29.80M 23.80M 22.39M 16.78M 13.05M 11.73M 9.97M 8.82M 6.71M 5.47M
Short-Term Debt 651.42M 438.37M 386.74M 382.03M 335.57M 363.64M 332.73M 344.43M 317.78M 269.40M 246.72M 273.58M 244.87M 198.13M 189.57M 159.67M 143.53M 147.37M 110.32M 76.20M 61.17M 56.95M 44.29M 50.61M 37.99M 32.00M 26.98M 23.70M 19.10M 11.02M 9.72M
Tax Payables 1.35M 28.52M 25.40M 50.91M 60.55M 34.99M 25.17M 33.34M 26.73M 22.28M 16.90M 11.37M 8.02M 11.12M 11.52M 7.04M 4.06M 4.09M 3.84M 1.69M 1.78M 1.04M 0.96M 1.09M 0.78M 1.16M 0.91M 1.02M 0.91M 0.81M 0.43M
Deferred Revenue 28.05M 0.00M 9.16M 42.77M 170.81M 124.88M 107.58M 36.37M 97.69M 72.73M 64.29M 54.50M 50.12M 46.39M 37.65M 29.14M 25.64M 23.29M 21.77M 12.36M 7.50M 5.99M 5.85M 8.20M 7.43M 7.47M 7.59M 6.80M 7.50M 6.65M 3.97M
Other Current Liabilities 252.63M 328.67M 261.29M 254.96M 204.48M 157.97M 119.09M 147.22M 132.75M 142.23M 115.36M 120.88M 109.31M 110.91M 80.67M 60.27M 52.84M 48.57M 42.02M 31.38M 20.64M 12.77M 10.05M 7.66M 5.71M 5.78M 5.21M 4.55M 3.52M 1.48M 1.83M
Total Current Liabilities 1,409.35M 1,377.03M 1,192.77M 1,284.78M 1,258.24M 1,058.71M 957.12M 936.53M 937.10M 818.46M 704.58M 745.45M 631.24M 560.08M 493.88M 407.94M 338.67M 334.99M 268.58M 166.81M 137.74M 106.55M 84.96M 89.96M 68.70M 59.47M 52.42M 46.04M 39.85M 26.66M 21.41M
Long-Term Debt 1,062.17M 827.42M 831.87M 821.18M 746.31M 628.15M 537.07M 454.33M 450.52M 406.97M 401.77M 390.57M 332.16M 324.35M 223.86M 216.49M 204.58M 192.61M 123.96M 77.37M 58.57M 44.28M 33.28M 27.84M 31.79M 43.64M 38.85M 38.33M 23.51M 13.75M 10.51M
Capital Lease Obligations 2.75M 82.54M 69.94M 76.69M 64.82M 70.86M 43.89M 5.23M 3.14M 5.19M 3.58M 0.53M 0.73M 0.07M 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 63.51M 65.54M 58.41M 73.52M 62.08M 52.90M 49.05M 53.36M 46.59M 39.93M 46.30M 40.40M 35.31M 30.36M 14.50M 11.07M 8.61M 8.26M 12.31M 6.12M 4.84M 0.57M 0.17M 0.09M 0.00M 0.02M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Non-Current Liabilities 103.50M 133.46M 125.65M 116.66M 102.94M 90.24M 70.97M 68.31M 55.55M 57.63M 68.23M 55.09M 47.58M 40.10M 32.68M 19.79M 16.57M 19.11M 20.43M 10.21M 8.01M 6.27M 3.23M 4.18M 1.69M 2.07M 2.92M 1.78M 1.60M 1.17M 1.36M
Total Non-Current Liabilities 1,231.93M 1,108.96M 1,085.87M 1,088.06M 976.16M 842.15M 700.98M 581.23M 555.80M 509.72M 519.88M 486.58M 415.78M 394.87M 271.04M 247.36M 229.77M 219.98M 156.69M 93.69M 71.42M 51.12M 36.67M 32.11M 33.47M 45.73M 41.77M 40.10M 25.12M 14.92M 11.87M
Total Liabilities 2,641.29M 2,485.99M 2,278.64M 2,372.83M 2,234.40M 1,900.86M 1,658.10M 1,517.76M 1,492.90M 1,328.18M 1,224.46M 1,232.03M 1,047.02M 954.94M 764.92M 655.30M 568.44M 554.97M 425.27M 260.50M 209.16M 157.67M 121.63M 122.07M 102.17M 105.20M 94.19M 86.14M 64.96M 41.59M 33.28M
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 0.00M 0.00M 0.00M 0.00M
Common Stock 252.26M 255.15M 252.89M 259.47M 252.03M 246.43M 240.56M 233.42M 230.36M 197.34M 168.98M 149.63M 138.70M 135.00M 115.29M 93.07M 82.58M 76.70M 82.69M 60.43M 45.35M 38.62M 34.17M 37.13M 40.01M 43.68M 36.65M 32.76M 24.56M 18.13M 12.68M
Retained Earnings 1,241.51M 1,478.38M 1,291.47M 1,434.02M 1,223.54M 930.72M 919.74M 857.48M 712.60M 558.99M 479.59M 406.74M 403.89M 388.41M 260.74M 185.10M 139.95M 162.47M 159.63M 82.93M 33.74M 18.92M 13.26M 10.39M 10.84M 15.98M 10.61M 10.83M 7.27M 3.89M 2.27M
Accumulated OCI 439.08M 124.46M 113.65M 126.88M 61.17M 25.78M 63.89M 55.76M 48.86M 56.28M 60.34M 11.01M -2.36M 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
Minority Interest 198.73M 186.15M 161.85M 165.46M 124.51M 107.53M 100.63M 88.62M 85.91M 71.04M 71.58M 68.44M 56.89M 53.43M 41.25M 32.29M 28.54M 28.38M 20.52M 9.97M 7.97M 6.59M 4.67M 4.57M 3.76M 2.84M 1.57M 1.45M 0.60M 0.24M 0.20M
Total Shareholders’ Equity 1,932.85M 1,858.00M 1,658.01M 1,820.37M 1,536.74M 1,202.93M 1,224.19M 1,146.66M 991.82M 812.60M 708.91M 567.38M 540.24M 523.42M 376.03M 278.17M 222.53M 239.17M 242.31M 143.37M 79.09M 57.53M 47.43M 47.53M 50.86M 59.65M 47.26M 43.58M 31.83M 22.01M 14.95M
Total Equity 2,131.58M 2,044.15M 1,819.86M 1,985.84M 1,661.25M 1,310.46M 1,324.82M 1,235.27M 1,077.73M 883.64M 780.49M 635.82M 597.14M 576.84M 417.28M 310.46M 251.07M 267.55M 262.84M 153.34M 87.05M 64.12M 52.09M 52.10M 54.62M 62.49M 48.83M 45.04M 32.43M 22.25M 15.14M
Total Liabilities & Equity 4,772.87M 4,530.14M 4,098.50M 4,358.67M 3,895.65M 3,211.31M 2,982.92M 2,753.03M 2,570.63M 2,211.81M 2,004.95M 1,867.85M 1,644.16M 1,531.79M 1,182.20M 965.76M 819.50M 822.52M 688.11M 413.83M 296.21M 221.79M 173.73M 174.16M 156.79M 167.69M 143.02M 131.18M 97.39M 63.84M 48.42M
Tangible Assets 5,102.26M 5,048.07M 4,701.24M 4,764.40M 4,257.32M 3,741.89M 3,397.29M 3,209.39M 2,990.21M 2,696.19M 2,455.82M 2,304.73M 2,076.19M 1,985.34M 1,496.48M 1,260.30M 1,057.15M 989.20M 803.95M 500.67M 383.82M 289.20M 263.29M 287.32M 248.40M 248.28M 206.21M 192.91M 137.64M 87.44M 68.86M
Tangible Equity 1,767.47M 1,749.63M 1,522.28M 1,666.08M 1,372.76M 1,062.61M 1,107.02M 1,051.26M 900.97M 749.44M 651.66M 529.49M 505.91M 492.91M 361.79M 265.56M 216.83M 238.22M 241.74M 143.52M 79.30M 58.74M 46.31M 45.64M 49.94M 58.77M 47.09M 42.78M 31.65M 21.93M 14.91M
Tangible Book Value 1,767,470,354.11 1,749,630,551.89 1,522,276,809.96 1,666,082,749.85 1,372,759,094.78 1,062,605,746.94 1,107,022,646.43 1,051,263,760.27 900,970,180.76 749,436,980.68 651,656,405.86 529,491,625.80 505,907,930.74 492,907,636.01 361,786,229.47 265,563,906.97 216,825,332.41 238,221,607.54 241,744,567.67 143,522,470.07 79,296,932.23 58,742,609.93 46,309,057.12 45,640,788.29 49,938,428.64 58,769,212.16 47,091,785.60 42,778,839.31 31,654,597.89 21,934,390.84 14,912,217.26
Total Investments 394.39M 296.41M 356.07M 348.48M 286.37M 209.77M 212.18M 200.76M 193.43M 154.94M 153.38M 133.62M 116.13M 98.83M 85.61M 77.51M 66.44M 60.47M 65.35M 22.74M 17.25M 9.43M 9.47M 16.17M 7.15M 9.98M 5.21M 4.08M 0.85M 0.41M 0.30M
Net Debt 1,200.10M 758.04M 646.43M 584.79M 564.82M 503.33M 537.59M 468.38M 465.10M 446.55M 441.75M 464.37M 397.37M 343.26M 247.84M 257.20M 255.37M 246.97M 158.57M 102.56M 79.33M 66.55M 44.66M 46.42M 38.05M 46.54M 45.52M 45.57M 32.11M 19.85M 15.85M

Industry Capital Metrics

Metric MRQ 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 1999 1998 1997 1996 1995
Working Capital 189.40M 369.63M 514.10M 850.11M 836.48M 606.61M 511.57M 455.39M 330.40M 338.90M 226.18M 200.38M 209.61M 203.80M 158.11M 83.40M 34.74M 116.78M 98.18M 56.85M 17.51M 33.38M 25.85M 45.95M 44.88M 69.46M 47.37M 49.11M 12.64M 7.08M 3.54M
Total Capital 4,390.96M 4,095.21M 3,857.16M 3,908.89M 3,322.80M 3,005.46M 2,754.18M 2,443.91M 2,287.53M 1,977.84M 1,715.71M 1,628.11M 1,577.73M 1,424.18M 1,176.10M 972.21M 778.11M 787.70M 639.79M 415.27M 346.38M 265.43M 229.25M 241.57M 239.46M 227.67M 202.24M 188.28M 130.15M 70.06M 60.60M
Capital Employed 4,060.44M 4,591.85M 4,293.60M 4,194.70M 3,809.51M 3,335.71M 3,087.77M 2,659.91M 2,558.95M 2,038.69M 1,912.79M 1,842.17M 1,726.73M 1,634.73M 1,218.50M 974.01M 872.35M 902.28M 666.70M 365.66M 298.90M 220.74M 203.26M 276.44M 282.03M 266.44M 195.43M 168.63M 111.77M 55.42M 48.80M
Invested Capital 3,877.48M 3,587.46M 3,284.98M 3,290.46M 2,805.73M 2,517.00M 2,421.97M 2,113.52M 1,984.33M 1,748.02M 1,508.97M 1,428.33M 1,398.08M 1,244.96M 1,010.50M 853.24M 685.37M 694.70M 564.08M 364.26M 305.96M 230.75M 196.34M 209.55M 207.73M 198.56M 181.92M 171.82M 119.65M 65.14M 56.22M

Industry Cash Flow

Metric TTM 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 1999 1998 1997 1996 1995
Depreciation & Amortization 119.40M 232.91M 222.21M 198.67M 186.41M 180.85M 154.74M 134.79M 126.39M 129.28M 117.24M 97.49M 87.61M 86.89M 54.59M 54.21M 53.32M 49.67M 39.35M 24.67M 18.63M 13.01M 9.84M 14.99M 16.30M 16.16M 11.62M 13.26M 169.45M 96.93M 45.38M
Deferred Income Tax 0.00M 0.00M -0.01M -0.59M 0.17M -0.43M -1.04M -0.40M -0.66M -0.10M -0.13M 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 0.28M 7.85M 2.44M
Stock-Based Compensation 0.00M 0.00M 0.00M 0.55M 0.05M 0.05M 0.02M 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
Change in Working Capital -30.00M -38.94M -40.70M -141.77M -110.87M -19.96M -15.34M -64.10M -61.39M -29.20M -2.48M -23.09M -26.10M -36.07M -33.25M -29.50M 10.59M -16.91M -16.76M -9.05M -1.40M -8.98M -3.24M 2.17M -2.71M -8.01M -5.09M -13.72M 4.49M -0.15M -3.05M
Accounts Receivable -15.06M -14.86M -3.67M -43.03M -98.46M -17.37M 8.81M -19.85M -54.66M -26.19M -2.94M -2.27M -11.92M -4.89M 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
Inventory -2.95M -16.56M -0.75M -83.72M -90.41M 15.33M -2.06M -43.66M -24.34M 3.98M 6.90M -12.78M -3.51M -26.02M -21.19M -16.20M 9.89M -11.45M -9.58M -5.00M -4.31M -7.75M -1.50M -0.02M -1.52M -4.06M -0.52M -1.40M -15.29M 8.24M -8.15M
Accounts Payable -0.87M -6.21M -18.59M 21.45M 89.74M 5.02M -2.51M 19.24M 23.11M 12.39M -9.91M 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 Working Capital -2.75M -8.13M -4.11M -14.92M 6.23M -0.27M -10.26M -27.82M -19.13M -20.73M -14.99M -2.19M -17.17M -16.43M -13.70M -11.04M -2.39M -0.28M -7.96M -3.14M 3.03M -1.03M -1.47M 2.22M -0.67M -1.87M -4.64M -8.13M 17.18M 3.35M 5.10M
Other Non-Cash Items 128.10M 89.10M 40.16M 35.18M 28.44M 40.00M 26.92M 26.87M 17.17M 20.66M 25.08M 25.89M 19.04M 12.56M 8.66M 4.31M 2.77M 7.60M 0.49M 4.53M 3.79M 4.73M 4.37M 2.27M 3.37M 1.41M 0.24M 0.96M 23.55M 7.79M 24.01M
Net Cash from Operating Activities 300.03M 399.85M 343.41M 407.79M 464.62M 342.81M 281.76M 325.18M 271.68M 262.63M 231.77M 199.85M 152.85M 122.10M 162.60M 114.96M 107.95M 66.09M 75.58M 46.07M 45.35M 23.19M 20.15M 27.98M 21.47M 21.74M 17.57M 11.79M 286.82M 181.36M 141.94M
Capital Expenditures (PPE) -275.45M -293.66M -338.92M -319.41M -235.71M -189.19M -194.43M -170.41M -155.44M -133.56M -167.28M -133.47M -129.70M -155.47M -112.94M -92.32M -76.48M -117.23M -80.80M -45.02M -39.75M -31.71M -20.55M -21.55M -29.33M -20.18M -13.68M -19.84M -240.98M -73.44M -82.23M
Acquisitions (Net) 1.11M -0.32M -1.50M -0.26M -0.61M 1.49M -1.43M -3.20M -3.95M -2.85M -7.29M -2.12M -1.19M -4.21M -0.48M 0.40M 0.68M -2.99M -0.44M 0.67M 1.38M 1.64M 0.39M 0.43M 2.17M 0.28M 0.03M 0.20M 0.00M 0.00M 0.00M
Purchases of Investments -48.09M -45.26M -58.43M -82.45M -90.31M -78.32M -74.16M -89.01M -40.61M -32.14M -34.59M -31.36M -21.21M -15.17M -17.35M -16.73M -15.18M -12.80M -9.65M -3.31M -1.83M -1.56M -1.34M -2.95M -4.32M -4.95M -1.13M -2.26M -5.43M -14.42M -29.26M
Sales / Maturities of Investments 39.01M 72.22M 62.46M 93.60M 69.94M 63.66M 65.51M 60.27M 32.04M 23.17M 24.19M 18.14M 16.56M 23.68M 18.12M 16.09M 11.99M 8.33M 6.66M 1.94M 1.82M 1.13M 0.90M 1.50M 5.49M 1.31M 1.67M 0.85M 3.53M 39.74M 29.84M
Other Investing Activities 3.25M 5.95M -3.79M 5.35M 4.91M 6.99M 7.12M 1.38M 4.11M 2.13M 4.73M 4.30M 1.88M -0.75M 2.05M -0.70M -0.20M 1.55M 0.24M -1.65M -2.09M -2.99M -0.71M -2.01M -1.03M -2.87M -1.01M -4.81M -25.06M 48.09M -15.94M
Net Cash from Investing Activities -282.35M -294.48M -391.50M -329.79M -305.19M -188.66M -268.29M -188.17M -169.14M -136.19M -236.94M -149.05M -148.84M -163.42M -116.47M -93.92M -87.93M -138.44M -83.22M -49.39M -39.70M -33.85M -24.00M -25.92M -25.07M -22.16M -15.65M -18.78M -259.17M -48.98M -97.59M
Net Debt Issuance 33.28M 52.80M 58.13M 93.98M -22.60M 30.10M 18.88M -30.15M -19.48M -34.13M -30.21M 5.01M 40.92M 46.08M 13.57M 1.17M 17.48M 49.79M 24.54M 4.54M 2.00M 7.07M 6.73M 4.46M 4.46M -0.45M 2.79M 6.03M 61.79M 2.46M 9.70M
Long-Term Debt Issuance 40.48M 65.55M 56.07M 62.21M -17.84M 44.09M 30.39M -23.07M -4.10M -30.76M -5.79M 26.86M 43.54M 43.39M 16.48M 13.42M 38.15M 47.70M 24.81M 4.67M 3.62M 11.71M 7.01M 3.82M 3.53M -0.45M 4.76M 6.03M -5.01M 1.98M 9.70M
Short-Term Debt Issuance -19.38M -0.57M -2.58M 4.46M -5.90M -4.59M -1.48M -0.51M -3.46M -1.65M -2.44M -0.70M 0.00M 0.00M -1.28M -4.60M 0.15M 3.68M -0.10M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 18.99M 0.48M 0.00M
Net Stock Issuance -0.90M -7.37M -1.45M -1.92M -0.06M -0.75M -0.67M -0.02M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.01M 0.00M 0.00M -0.19M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M -7.73M 1.04M -13.65M
Common Stock Issuance 0.00M 0.00M 0.00M 0.14M 1.32M 0.03M 0.00M 0.00M 0.00M 0.01M 0.04M 0.05M 0.00M 0.01M 0.16M 0.07M 0.00M 0.36M 0.12M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.04M 1.32M 2.19M
Common Stock Repurchased -1.34M -9.32M -3.90M -7.19M -0.88M -1.16M -1.49M -0.08M -0.01M -0.01M -0.04M -0.08M 0.00M -0.01M -0.02M 0.00M 0.00M -0.61M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M -7.39M -0.07M -15.84M
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 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
Net Dividends Paid -45.73M -81.90M -90.17M -97.83M -81.21M -58.44M -70.61M -91.12M -65.80M -54.47M -45.48M -44.55M -39.24M -38.43M -22.99M -17.73M -17.10M -19.75M -15.24M -11.62M -9.93M -7.21M -6.04M -7.13M -7.34M -5.24M -5.12M -6.09M -17.30M -9.85M -7.56M
Common Dividends Paid -45.54M -81.90M -90.52M -107.49M -86.53M -68.33M -81.66M -87.99M -61.64M -49.17M -42.50M -40.20M -32.64M -36.01M -22.06M -17.51M -17.77M -20.32M -14.00M -10.13M -9.04M -6.04M -6.06M -7.13M -7.34M -5.24M -5.12M -6.09M -18.18M -9.85M -7.56M
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 0.00M 0.00M 0.00M 0.00M
Other Financing Activities -56.68M -38.41M -37.03M -26.87M -22.45M -9.54M -15.03M -19.56M -4.65M -5.95M 3.10M -10.44M -13.28M -3.21M -8.00M 1.15M 0.05M -1.02M 4.47M 2.29M 0.42M 0.80M 0.98M 0.27M 1.36M 6.52M 1.05M 5.87M 8.47M 0.51M 8.38M
Net Cash from Financing Activities -50.06M -95.69M -70.85M -47.33M -118.61M -51.37M -71.61M -116.87M -84.00M -91.10M -60.23M -30.62M -7.56M 7.65M -4.11M -3.25M -11.77M 42.49M 18.19M -1.75M -3.40M 6.53M 5.91M 0.03M 1.98M 5.03M 2.07M 12.10M 24.20M -23.82M -3.12M
Effect of FX on Cash 3.38M 2.67M 1.25M 2.10M 0.85M -2.54M -0.06M 0.65M -2.79M -0.12M 0.38M 0.79M -0.03M -0.36M -0.30M -0.04M -0.12M -0.24M 0.07M -0.02M 0.07M -0.01M 0.00M 0.01M 0.00M 0.00M 0.00M 0.00M -12.02M -2.82M -45.65M
Net Change in Cash 14.36M -20.33M -9.49M 65.77M 56.65M 79.00M -5.11M 0.39M 39.63M 25.66M 11.54M 5.93M 5.91M 0.40M 31.57M 9.21M 13.71M 9.98M 12.40M 6.05M 0.95M 1.24M 1.93M -1.65M 5.49M 2.12M 3.19M -2.06M -4.27M 42.75M -4.42M
Cash at Beginning of Period 429.62M 529.02M 500.97M 488.44M 446.62M 304.45M 310.30M 281.22M 247.73M 185.52M 193.76M 169.01M 166.11M 149.27M 124.39M 87.31M 80.53M 73.14M 58.34M 44.65M 34.94M 31.06M 27.78M 35.93M 28.73M 23.61M 19.16M 24.19M 297.92M 292.92M 93.19M
Cash at End of Period 514.49M 507.81M 513.50M 553.87M 492.76M 449.06M 300.33M 294.52M 282.48M 218.86M 191.56M 172.19M 159.68M 167.70M 149.47M 112.69M 86.19M 81.86M 74.20M 51.35M 40.54M 35.44M 35.58M 33.72M 38.94M 30.47M 23.48M 22.51M 278.53M 338.63M 88.77M
Operating Cash Flow 308.81M 398.26M 343.41M 407.76M 464.62M 342.81M 281.76M 325.18M 271.68M 262.63M 231.77M 199.85M 152.85M 122.10M 162.60M 114.96M 107.95M 66.09M 75.58M 46.07M 45.35M 23.19M 20.15M 27.98M 21.47M 21.74M 17.57M 11.79M 286.82M 181.36M 141.94M
Capital Expenditure -288.62M -313.82M -349.03M -331.59M -236.27M -206.45M -210.68M -183.67M -161.25M -138.49M -167.55M -133.70M -129.70M -156.02M -112.94M -92.44M -76.48M -117.25M -80.80M -45.01M -39.53M -31.71M -20.55M -21.55M -29.33M -20.18M -13.68M -19.84M -240.98M -73.44M -82.23M
Free Cash Flow 54.20M 68.68M 56.53M 126.11M 225.49M 126.73M 91.28M 154.34M 133.90M 135.19M 98.78M 44.80M 26.29M -8.51M 56.14M 31.81M 26.84M -18.21M -3.74M 4.61M 2.95M -2.87M -0.72M 2.46M -4.40M 4.90M 4.30M -10.06M 43.16M 29.68M 59.71M

Industry Free Cash Flow

Metric TTM 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 1999 1998 1997 1996 1995
EBITDA 389.49M 392.62M 429.87M 642.07M 698.54M 362.93M 364.74M 423.72M 384.69M 347.36M 287.52M 224.76M 205.54M 212.51M 242.35M 176.98M 130.05M 116.66M 135.68M 68.99M 51.45M 38.67M 25.21M 33.10M 23.89M 34.79M 17.64M 16.81M 12.90M 11.92M 11.87M
(-) Tax Adjustment 120.03M 93.69M 88.95M 110.00M 110.88M 77.21M 74.83M 70.57M 66.82M 64.41M 54.83M 51.78M 54.92M 45.51M 48.14M 23.45M 29.74M 31.30M 37.71M 16.05M 14.96M 5.98M 6.95M 10.84M 5.01M 7.77M 2.89M 2.93M 2.69M 1.89M 1.99M
(-) Change In Working Capital -30.00M -38.94M -40.70M -141.77M -110.87M -19.96M -15.34M -64.10M -61.39M -29.20M -2.48M -23.09M -26.10M -36.07M -33.25M -29.50M 10.59M -16.91M -16.76M -9.05M -1.40M -8.98M -3.24M 2.17M -2.71M -8.01M -5.09M -13.72M 4.49M -0.15M -3.05M
(-) Capital Expenditure 288.62M 313.82M 349.03M 331.59M 236.27M 206.45M 210.68M 183.67M 161.25M 138.49M 167.55M 133.70M 129.70M 156.02M 112.94M 92.44M 76.48M 117.25M 80.80M 45.01M 39.53M 31.71M 20.55M 21.55M 29.33M 20.18M 13.68M 19.84M 240.98M 73.44M 82.23M
Unlevered Free Cash Flow 10.85M 24.05M 32.59M 342.25M 462.25M 99.22M 94.57M 233.59M 218.01M 173.66M 67.62M 62.37M 47.02M 47.05M 114.51M 90.59M 13.24M -14.98M 33.93M 16.98M -1.63M 9.96M 0.94M -1.46M -7.74M 14.86M 6.16M 7.76M -235.27M -63.27M -69.30M
(-) Net Interest Income After Taxes -33.73M -34.65M -27.76M -28.49M -29.45M -30.57M -26.00M -24.67M -25.24M -22.36M -22.05M -23.12M -18.06M -15.99M -13.61M -12.35M -9.55M -12.05M -6.69M -4.71M -3.16M -2.69M -1.75M -1.81M -1.71M -1.61M -1.17M -1.63M -1.25M -1.28M -1.13M
Net Debt Issuance 33.28M 52.80M 58.13M 93.98M -22.60M 30.10M 18.88M -30.15M -19.48M -34.13M -30.21M 5.01M 40.92M 46.08M 13.57M 1.17M 17.48M 49.79M 24.54M 4.54M 2.00M 7.07M 6.73M 4.46M 4.46M -0.45M 2.79M 6.03M 61.79M 2.46M 9.70M
Levered Free Cash Flow 77.85M 111.50M 118.48M 464.72M 469.11M 159.90M 139.45M 228.10M 223.78M 161.89M 59.46M 90.50M 106.00M 109.11M 141.69M 104.11M 40.27M 46.86M 65.16M 26.23M 3.52M 19.73M 9.42M 4.81M -1.58M 16.02M 10.11M 15.41M -172.23M -59.53M -58.47M