Alexandria Real Estate Equities, Inc.

ARE&M.BO

ARE&M.BOAlexandria Real Estate Equities, Inc. US flag

New York Stock Exchange

49.41

USD

-0.46

- -

8.61BMarket Cap

Income Statement (INR)

API ChatGPT

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
As of date	03/31/2012	03/31/2013	03/31/2014	03/31/2015	03/31/2016	03/31/2017	03/31/2018	03/31/2019	03/31/2020	03/31/2021	03/31/2022	03/31/2023	03/31/2024	03/31/2025	03/31/2026

Sales/Revenue/Turnover	23,633	29,574	34,345	42,113	46,178	53,022	60,409	67,695	68,128	71,332	86,547	103,393	116,537	128,463	138,140
+ Sales & Services Revenue	23,633	29,574	34,345	42,113	46,178	53,022	60,409	67,695	68,128	71,332	86,547	103,393	116,537	128,463	138,140
- Cost of Revenue	16,383	20,293	23,283	28,346	29,810	35,619	41,902	47,316	45,361	48,425	62,490	71,504	80,121	86,795	93,752
+ Cost of Goods & Services	16,383	20,293	23,283	28,346	29,810	35,619	41,902	47,316	45,361	48,425	62,490	71,504	80,121	86,795	93,752
Gross Profit	7,251	9,281	11,062	13,767	16,368	17,403	18,508	20,379	22,767	22,908	24,057	31,890	36,416	41,668	44,388
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	4,211	5,274	5,998	8,001	9,478	10,784	11,968	13,351	14,713	14,678	17,579	21,769	24,514	30,760	35,489
+ Selling, General & Admin	1,064	1,246	1,531	1,562	1,794	1,923	2,108	2,345	2,470	2,536	3,408	3,767	5,107	5,946	- -
+ Research & Development	7	3	4	6	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	3,139	4,025	4,463	6,433	7,684	8,860	9,860	11,006	12,242	12,142	14,171	18,002	19,408	24,813	35,489
Operating Income (Loss)	3,040	4,007	5,064	5,767	6,890	6,619	6,540	7,028	8,055	8,230	6,478	10,121	11,902	10,908	8,899
- Non-Operating (Income) Loss	-147	-212	-302	-332	-336	-403	-602	-273	-352	-503	-434	155	-600	-1,824	-3,170
+ Interest Expense, Net	-35	-112	-131	-120	-82	-33	45	-8	17	37	97	172	196	386	445
+ Interest Expense	6	- -	- -	- -	51	55	45	60	109	100	143	283	304	443	445
- Interest Income	41	112	131	120	133	88	- -	68	92	63	46	112	108	56	- -
+ Other Non-Op (Income) Loss	-112	-99	-171	-212	-254	-370	-647	-265	-369	-540	-531	-17	-796	-2,210	-3,615
Pretax Income	3,186	4,218	5,367	6,099	7,226	7,022	7,142	7,301	8,407	8,734	6,911	9,966	12,502	12,732	12,069
- Income Tax Expense (Benefit)	1,036	1,351	1,692	1,990	2,310	2,237	2,429	2,469	1,799	2,265	1,786	2,658	3,158	3,285	3,111
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	2,151	2,867	3,674	4,109	4,916	4,785	4,713	4,832	6,608	6,468	5,126	7,308	9,344	9,447	8,958
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	2,151	2,867	3,674	4,109	4,916	4,785	4,713	4,832	6,608	6,468	5,126	7,308	9,344	9,447	8,958
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	2,151	2,867	3,674	4,109	4,916	4,785	4,713	4,832	6,608	6,468	5,126	7,308	9,344	9,447	8,958
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	2,151	2,867	3,674	4,109	4,916	4,785	4,713	4,832	6,608	6,468	5,126	7,308	9,344	9,447	8,958
EBIT	3,040	4,007	5,064	5,767	6,890	6,619	6,540	7,028	8,055	8,230	6,478	10,121	11,902	10,908	8,899
EBITDA	3,040	4,007	5,064	5,767	6,890	6,619	6,540	7,028	8,055	8,230	6,478	10,121	11,902	10,908	8,899
EBITDA Margin (%)	12.86	13.55	14.75	13.69	14.92	12.48	10.83	10.38	11.82	11.54	7.48	9.79	10.21	8.49	6.44
EBITA	2,575	3,421	4,417	4,427	5,483	4,708	4,236	4,416	5,047	5,039	2,520	5,617	7,059	5,652	2,827
Gross Margin (%)	30.68	31.38	32.21	32.69	35.45	32.82	30.64	30.1	33.42	32.11	27.8	30.84	31.25	32.44	32.13
Operating Margin (%)	12.86	13.55	14.75	13.69	14.92	12.48	10.83	10.38	11.82	11.54	7.48	9.79	10.21	8.49	6.44
Profit Margin (%)	9.1	9.69	10.7	9.76	10.65	9.02	7.8	7.14	9.7	9.07	5.92	7.07	8.02	7.35	6.48
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	1.3	1.89	2.52	3.78	9.45	- -	7.52	5	19.39	5	10	3.17	7.47	10.4	- -
Depreciation Expense	465	585	648	1,340	1,407	1,912	2,303	2,612	3,007	3,192	3,957	4,504	4,843	5,257	6,072
Basic Weighted Avg Shares	171	171	171	171	171	171	171	171	171	171	171	183	183	183	- -
Basic EPS, GAAP	12.59	16.78	21.51	24.05	28.78	28.01	27.59	28.29	38.69	37.87	30.01	39.93	51.05	51.62	- -
Basic EPS from Cont Ops	12.59	16.78	21.51	24.05	28.78	28.01	27.59	28.29	38.69	37.87	30.01	39.93	51.05	51.62	- -
Diluted Weighted Avg Shares	171	171	171	171	171	171	171	171	171	171	171	183	183	183	- -
Diluted EPS, GAAP	12.59	16.78	21.51	24.05	28.78	28.01	27.59	28.29	38.69	37.87	30.01	39.93	51.05	51.62	- -
Diluted EPS from Cont Ops	12.59	16.78	21.51	24.05	28.78	28.01	27.59	28.29	38.69	37.87	30.01	39.93	51.05	51.62	- -

Balance Sheet (INR)

API ChatGPT

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
As of date	03/31/2012	03/31/2013	03/31/2014	03/31/2015	03/31/2016	03/31/2017	03/31/2018	03/31/2019	03/31/2020	03/31/2021	03/31/2022	03/31/2023	03/31/2024	03/31/2025	03/31/2026

Total Current Assets	9,396	12,569	11,427	12,696	14,081	17,586	21,523	22,041	22,232	28,212	28,248	34,513	38,694	42,466	45,328
+ Cash, Cash Equivalents & STI	2,283	4,095	2,929	2,276	1,501	2,987	1,266	627	2,227	4,448	748	2,666	4,559	4,907	3,931
+ Cash & Cash Equivalents	2,283	4,095	2,929	746	784	1,007	487	502	326	969	349	949	983	1,578	2,260
+ ST Investments	- -	- -	- -	1,530	717	1,980	779	124	1,900	3,479	399	1,717	3,576	3,329	1,671
+ Accounts & Notes Receiv	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts Receivable, Net	3,197	3,807	4,528	5,541	5,922	5,705	7,824	7,686	6,363	7,869	7,920	8,866	11,358	12,631	12,432
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	-3,197	-3,807	-4,528	-5,541	-5,922	-5,705	-7,824	-7,686	-6,363	-7,869	-7,920	-8,866	-11,358	-12,631	-12,432
+ Inventories	2,666	2,929	3,350	4,181	6,016	8,170	10,497	10,614	11,430	14,389	18,046	17,340	19,484	21,954	25,147
+ Raw Materials	1,236	1,186	1,270	1,567	2,216	2,659	4,716	3,541	4,876	7,152	7,588	7,251	7,452	8,282	- -
+ Work In Process	811	829	1,052	1,363	1,507	2,155	2,115	2,871	2,766	2,912	4,364	3,604	4,044	4,367	- -
+ Finished Goods	608	905	1,016	1,244	2,286	3,350	3,661	4,196	3,783	4,320	6,087	6,471	7,974	9,290	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	11	8	11	7	7	6	5	6	5	6	7	14	15	15	25,147
+ Other ST Assets	4,447	5,545	5,148	6,239	6,564	6,430	9,760	10,800	8,576	9,375	9,455	14,508	14,651	15,605	16,250
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	4,119	5,136	8,408	11,193	15,426	18,260	20,162	22,916	27,772	29,756	35,513	45,107	51,083	59,216	69,239
+ Property, Plant & Equip, Net	3,835	4,580	7,643	10,740	14,829	17,522	19,320	21,151	25,879	28,155	33,566	35,601	41,212	49,775	57,766
+ Property, Plant & Equip	6,492	7,775	11,336	10,740	16,159	20,727	24,770	29,125	36,776	42,091	50,799	55,464	64,133	77,069	57,766
- Accumulated Depreciation	2,656	3,195	3,694	- -	1,330	3,205	5,450	7,974	10,897	13,936	17,233	19,863	22,921	27,294	- -
+ LT Investments & Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	284	556	766	454	597	738	843	1,765	1,892	1,602	1,947	9,506	9,871	9,442	11,474
+ Total Intangible Assets	26	39	36	45	42	51	51	846	976	968	799	4,957	5,050	4,830	5,382
+ Goodwill	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4,280	4,358	4,358	4,358
+ Other Intangible Assets	26	39	36	45	42	51	51	846	976	968	799	677	692	472	1,024
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	258	518	730	408	555	687	792	919	916	634	1,148	4,550	4,821	4,612	6,092
Total Assets	13,515	17,705	19,835	23,890	29,508	35,846	41,686	44,957	50,004	57,969	63,761	79,621	89,778	101,683	114,567
+ Payables & Accruals	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts Payable	949	1,577	1,454	2,660	3,493	4,184	5,923	5,104	6,150	7,465	8,055	7,577	8,564	10,866	11,837
+ Accrued Taxes	190	228	217	311	435	486	- -	574	194	473	517	782	1,139	949	27
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	-1,139	-1,805	-1,671	-2,971	-3,928	-4,671	-5,923	-5,678	-6,343	-7,938	-8,572	-8,359	-9,704	-11,815	-11,864
+ ST Debt	56	99	97	18	17	35	51	116	279	303	321	578	556	1,794	3,062
+ ST Borrowings	56	99	97	18	17	35	51	116	125	110	69	310	273	1,446	2,765
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	154	194	252	268	283	349	298
+ Other ST Liabilities	4,074	5,663	4,681	4,556	6,361	7,562	9,879	8,909	10,742	12,992	14,944	14,204	16,694	21,339	24,562
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	4,074	5,663	4,681	4,556	6,361	7,562	9,879	8,909	10,742	12,992	14,944	14,204	16,694	21,339	24,562
Total Current Liabilities	4,130	5,762	4,778	4,574	6,378	7,596	9,930	9,025	11,020	13,295	15,265	14,782	17,251	23,133	27,624
+ LT Debt	785	773	759	741	725	690	584	468	560	620	938	1,435	1,011	814	999
+ LT Borrowings	785	773	759	741	725	690	584	468	343	234	165	800	260	- -	- -
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	217	386	773	635	751	814	999
+ Other LT Liabilities	366	572	671	729	1,246	1,629	1,798	2,114	1,870	1,954	2,034	3,333	3,529	3,845	4,954
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	366	572	671	729	1,246	1,629	1,798	2,114	1,870	1,954	2,034	3,333	3,529	3,845	4,954
Total Noncurrent Liabilities	1,150	1,345	1,430	1,470	1,971	2,319	2,382	2,582	2,430	2,574	2,972	4,768	4,540	4,658	5,953
Total Liabilities	5,280	7,107	6,208	6,045	8,349	9,915	12,312	11,607	13,451	15,869	18,236	19,550	21,790	27,792	33,578
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	483	483	483	483	483	483	483	483	483	483	483	483	7,208	7,208	183
+ Common Stock	171	171	171	171	171	171	171	171	171	171	171	171	183	183	183
+ Additional Paid in Capital	312	312	312	312	312	312	312	312	312	312	312	312	7,025	7,025	- -
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	6,221	- -	- -	14,689	17,502	21,788	24,752	28,244	30,851	35,819	38,742	44,817	51,809	58,378	- -
+ Other Equity	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Equity Before Minority Interest	8,235	10,598	13,627	17,845	21,159	25,931	29,374	33,350	36,553	42,100	45,525	60,070	67,987	73,891	80,990
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	8,235	10,598	13,627	17,845	21,159	25,931	29,374	33,350	36,553	42,100	45,525	60,070	67,987	73,891	80,990
Total Liabilities & Equity	13,515	17,705	19,835	23,890	29,508	35,846	41,686	44,957	50,004	57,969	63,761	79,621	89,778	101,683	114,567
Shares Outstanding	175	171	171	171	171	171	171	171	171	171	171	171	183	183	183
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	371	580	1,025	903	1,034	1,162	1,297
Net Debt	-1,442	-3,223	-2,072	14	-43	-283	148	82	142	-626	-115	162	-450	-133	505
Net Debt to Equity	-17.52	-30.41	-15.2	0.08	-0.2	-1.09	0.5	0.25	0.39	-1.49	-0.25	0.27	-0.66	-0.18	0.62
Tangible Common Equity Ratio	60.86	59.77	68.64	74.65	71.67	72.3	70.43	73.69	72.57	72.16	71.04	73.82	74.28	71.31	69.25
Current Ratio	2.28	2.18	2.39	2.78	2.21	2.32	2.17	2.44	2.02	2.12	1.85	2.33	2.24	1.84	1.64
Cash Conversion Cycle	87.15	71.11	70.17	66.39	72.25	75.61	80.47	80.81	81.85	85.36	85.2	79.65	79.74	81.48	82.06

Cash Flow Statement (INR)

API ChatGPT

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
As of date	03/31/2012	03/31/2013	03/31/2014	03/31/2015	03/31/2016	03/31/2017	03/31/2018	03/31/2019	03/31/2020	03/31/2021	03/31/2022	03/31/2023	03/31/2024	03/31/2025	03/31/2026

+ Net Income	3,186	4,218	5,367	6,099	7,226	7,022	7,142	7,301	8,407	8,734	6,911	9,966	12,502	12,732	12,069
+ Depreciation & Amortization	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Non-Cash Items	-322	-770	-1,264	-698	-947	-356	-451	-47	470	588	1,838	2,430	1,250	808	1,374
+ Stock-Based Compensation	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Income Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	-322	-770	-1,264	-698	-947	-356	-451	-47	470	588	1,838	2,430	1,250	808	1,374
+ Chg in Non-Cash Work Cap	120	-94	-1,315	-1,450	-732	-1,137	-3,475	-1,842	2,889	-1,299	-2,416	-2,950	-1,092	-27	-2,260
+ (Inc) Dec in Accts Receiv	-140	-993	-1,157	-1,155	-419	168	-2,149	120	1,134	-1,352	-47	-936	-2,169	-1,282	184
+ (Inc) Dec in Inventories	181	-262	-422	-831	-1,835	-2,153	-2,328	-117	-816	-2,959	-3,656	-918	-18	-2,470	-3,193
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Other	79	1,162	264	535	1,521	848	1,001	-1,846	2,571	3,012	1,287	-1,095	1,094	3,725	748
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	2,985	3,355	2,788	3,950	5,547	5,529	3,217	5,411	11,766	8,022	6,333	9,447	12,660	13,513	11,183
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	4	2	5	1	268	77	13	2	15	3	12	12	26	80	27
+ Disp of Fixed Prod Assets	4	2	5	1	268	77	13	2	15	3	12	12	26	80	27
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-872	-746	-3,312	-4,575	-5,172	-4,382	-3,866	-5,285	-7,308	-5,243	-7,609	-5,108	-8,714	-12,001	-13,411
+ Acq of Fixed Prod Assets	-866	-725	-3,304	-4,554	-5,172	-4,382	-3,866	-5,285	-7,014	-4,967	-7,609	-5,108	-8,714	-12,001	-13,411
+ Acq of Intangible Assets	-6	-21	-9	-21	- -	- -	- -	- -	-295	-277	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Increase in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Change in LT Investment	- -	- -	- -	34	89	-1,110	1,274	204	-1,232	-1,147	2,135	-1,852	-1,385	-1,189	2,418
+ Dec in LT Investment	- -	- -	- -	5,738	23,279	27,330	18,980	10,454	13,568	13,451	15,575	26,430	36,654	41,496	48,733
+ Inc in LT Investment	- -	- -	- -	-5,704	-23,190	-28,440	-17,706	-10,250	-14,800	-14,598	-13,440	-28,282	-38,039	-42,685	-46,315
+ Net Cash From Acq & Div	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-1,320	- -	- -
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-1,320	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	126	-461	-141	1,650	877	65	137	450	32	38	643	-782	1,192	1,793	1,724
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-742	-1,205	-3,448	-2,891	-3,938	-5,349	-2,443	-4,629	-8,494	-6,350	-4,819	-7,729	-10,201	-11,316	-9,242
+ Dividends Paid	-222	-323	-430	-645	-1,614	- -	-1,285	-855	-3,311	-854	-1,708	-581	-1,366	-1,904	-1,940
+ Net Cash From Debt	-250	-17	-14	-97	-18	-17	-89	-51	-116	-125	-110	-111	-577	902	1,319
+ Cash From Debt	84	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2,469	11,905
+ Repayments of Debt	-334	-17	-14	-97	-18	-17	-89	-51	-116	-125	-110	-111	-577	-1,567	-10,586
+ Other Financing Activities	55	-10	-87	-2	-5	-3	-7	-11	-210	-236	-317	-428	-481	-594	-642
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-418	-350	-531	-745	-1,637	-20	-1,382	-916	-3,638	-1,215	-2,135	-1,119	-2,425	-1,596	-1,263
Effect of Foreign Exchange Rates	14	12	26	-51	66	63	88	148	190	186	- -	2	1	-6	4
Net Changes in Cash	1,825	1,800	-1,192	314	-28	160	-608	-133	-366	457	-621	598	34	601	678
EBITDA	3,040	4,007	5,064	5,767	6,890	6,619	6,540	7,028	8,055	8,230	6,478	10,121	11,902	10,908	8,899
EBITDA Margin (%)	12.86	13.55	14.75	13.69	14.92	12.48	10.83	10.38	11.82	11.54	7.48	9.79	10.21	8.49	6.44
Free Cash Flow	2,113	2,609	-525	-625	375	1,147	-650	127	4,457	2,779	-1,277	4,339	3,946	1,512	-2,228
Net Cash Paid for Acquisitions	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1,320	- -	- -
Free Cash Flow to Firm	2,116	2,609	-525	-625	410	1,185	-620	166	4,543	2,853	-1,170	4,547	4,173	1,840	-1,897
Free Cash Flow to Equity	1,873	2,615	-525	-700	625	1,208	-726	78	4,651	2,934	-1,374	4,240	3,395	2,494	-882
Free Cash Flow per Basic Share	12.37	15.27	-3.07	-3.66	2.2	6.72	-3.8	0.74	26.09	16.27	-7.47	23.71	21.56	8.26	- -
Price/Free Cash Flow	164.82	160.51	121.82	122.61	96.05	123.61	196.22	158.21	92.49	154.91	187.22	129.81	92.12	56.7	- -
Cash Flow to Net Income	1.39	1.17	0.76	0.96	1.13	1.16	0.68	1.12	1.78	1.24	1.24	1.29	1.35	1.43	1.25
Capital Expenditures	-872	-746	-3,312	-4,575	-5,172	-4,382	-3,866	-5,285	-7,308	-5,243	-7,609	-5,108	-8,714	-12,001	-13,411