Croghan Bancshares, Inc.

CHBH

CHBHCroghan Bancshares, Inc. US flag

Other OTC

64.57

USD

-0.93

- -

129.67MMarket Cap

Income Statement (USD)

API ChatGPT

	2011 Y	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
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Sales/Revenue/Turnover	22	23	24	34	34	36	37	38	41	44	46	45	42	43	48
+ Sales & Services Revenue	22	23	24	34	34	36	37	38	41	44	46	45	42	43	48
- Cost of Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cost of Goods & Services	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Profit	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Selling, General & Admin	8	9	11	12	13	14	14	14	15	16	16	17	18	18	19
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	-8	-9	-11	-12	-13	-14	-14	-14	-15	-16	-16	-17	-18	-18	-19
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Non-Operating (Income) Loss	-6	-6	-5	-11	-11	-12	-13	-14	-15	-17	-19	-17	-13	-12	-15
+ Interest Expense, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	-6	-6	-5	-11	-11	-12	-13	-14	-15	-17	-19	-17	-13	-12	-15
Pretax Income	6	6	5	11	11	12	13	14	15	17	19	17	13	12	15
- Income Tax Expense (Benefit)	1	1	1	3	3	3	3	2	2	3	3	3	2	2	3
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	5	5	4	9	8	9	10	12	13	14	15	14	11	10	12
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	5	5	4	9	8	9	10	12	13	14	15	14	11	10	12
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	5	5	4	9	8	9	10	12	13	14	15	14	11	10	12
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	5	5	4	9	8	9	10	12	13	14	15	14	11	10	12
EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA	1	1	1	2	2	2	2	1	1	1	1	1	1	1	1
EBITDA Margin (%)	3.79	2.79	2.28	5.75	5.42	4.48	4.08	3.53	3.34	2.99	2.73	2.75	2.71	2.55	2.33
EBITA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100	100	100	100	100	100
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Profit Margin (%)	21.87	21.5	18.52	25.31	24.48	25.3	27.5	31.39	30.91	31.05	32.87	31.37	25.72	23.53	25.33
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	1.28	1.6	0.94	1.29	1.36	1.41	1.46	1.59	1.84	1.97	2.13	2.21	2.29	- -	- -
Depreciation Expense	1	1	1	2	2	2	2	1	1	1	1	1	1	1	1
Basic Weighted Avg Shares	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2
Basic EPS, GAAP	2.84	2.89	2.58	3.79	3.68	3.98	4.49	5.25	5.52	6.12	6.87	6.41	5.05	4.8	5.94
Basic EPS from Cont Ops	2.84	2.89	2.58	3.79	3.68	3.98	4.49	5.25	5.52	6.12	6.87	6.41	5.05	4.8	5.94
Diluted Weighted Avg Shares	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2
Diluted EPS, GAAP	2.84	2.88	2.57	3.78	3.67	3.98	4.48	5.25	5.51	6.12	6.87	6.41	5.05	4.8	5.94
Diluted EPS from Cont Ops	2.84	2.88	2.57	3.78	3.67	3.98	4.48	5.25	5.51	6.12	6.87	6.41	5.05	4.8	5.94

Balance Sheet (USD)

API ChatGPT

	2011 Y	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
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Current Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash, Cash Equivalents & STI	60	269	280	233	208	208	194	175	181	261	405	351	333	94	94
+ Cash & Cash Equivalents	60	31	28	14	18	19	20	21	21	32	46	21	37	37	31
+ ST Investments	- -	238	252	220	190	188	174	154	160	228	359	330	296	57	64
+ Accounts & Notes Receiv	2	3	3	3	3	3	3	3	3	4	4	4	5	5	5
+ Accounts Receivable, Net	2	3	3	3	3	3	3	3	3	4	4	4	5	5	5
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	-63	-272	-283	-236	-211	-211	-197	-178	-184	-265	-408	-356	-338	-98	-100
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Property, Plant & Equip, Net	8	8	10	10	10	10	10	10	10	10	10	10	10	10	10
+ Property, Plant & Equip	21	21	24	24	25	26	27	28	29	30	31	32	33	34	34
- Accumulated Depreciation	12	13	14	15	15	16	17	18	19	20	21	22	23	24	25
+ LT Investments & Receivables	225	238	252	220	190	188	174	154	160	228	359	330	296	57	64
+ LT Investments	225	238	252	220	190	188	174	154	160	228	359	330	296	57	64
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	-233	-246	-262	-229	-200	-198	-184	-164	-171	-239	-369	-340	-306	-67	-73
+ Total Intangible Assets	16	16	28	26	26	25	24	24	23	23	23	22	22	22	22
+ Goodwill	15	15	23	22	22	22	22	22	22	22	22	22	22	22	22
+ Other Intangible Assets	1	1	5	4	3	2	2	1	1	- -	- -	- -	- -	- -	- -
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	-249	-261	-290	-256	-226	-223	-208	-188	-194	-261	-392	-363	-329	-89	-96
Total Assets	630	631	818	779	797	820	843	848	877	1,028	1,112	1,126	1,118	1,151	1,314
+ Payables & Accruals	1	- -	1	1	1	1	1	1	1	1	1	1	1	1	1
+ Accounts Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	1	- -	1	1	1	1	1	1	1	1	1	1	1	1	1
+ ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Borrowings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	-1	- -	-1	-1	-1	-1	-1	-1	-1	-1	-1	-1	-1	-1	-1
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	-1	- -	-1	-1	-1	-1	-1	-1	-1	-1	-1	-1	-1	-1	-1
Total Current Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Debt	18	15	14	9	19	16	23	17	18	18	18	60	58	25	145
+ LT Borrowings	18	15	14	9	19	16	23	17	18	18	18	60	58	25	145
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Liabilities	-18	-15	-14	-9	-19	-16	-23	-17	-18	-18	-18	-60	-58	-25	-145
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	-18	-15	-14	-9	-19	-16	-23	-17	-18	-18	-18	-60	-58	-25	-145
Total Noncurrent Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Liabilities	567	564	733	686	699	718	734	733	753	893	972	1,017	998	1,027	1,177
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	24	24	45	45	45	44	44	44	44	44	44	44	45	45	45
+ Common Stock	24	24	31	31	31	31	31	31	31	31	31	31	31	31	31
+ Additional Paid in Capital	- -	- -	13	13	13	13	13	13	13	13	13	13	13	13	13
- Treasury Stock	8	8	8	8	8	8	8	8	9	11	13	15	18	20	23
+ Retained Earnings	43	45	47	53	58	64	71	79	87	97	107	116	122	127	134
+ Other Equity	4	6	1	4	3	1	1	- -	1	5	1	-36	-28	-28	-19
Equity Before Minority Interest	63	67	85	94	99	102	109	115	124	136	140	109	120	124	138
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	63	67	85	94	99	102	109	115	124	136	140	109	120	124	138
Total Liabilities & Equity	630	631	818	779	797	820	843	848	877	1,028	1,112	1,126	1,118	1,151	1,314
Shares Outstanding	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt	-42	-16	-13	-5	1	-4	3	-3	-3	-15	-28	39	21	-12	114
Net Debt to Equity	-66.14	-23.85	-15.71	-5.15	1.28	-3.9	2.62	-2.88	-2.43	-11	-20.21	36.2	17.67	-9.65	82.93
Tangible Common Equity Ratio	7.64	8.39	7.22	8.92	9.49	9.68	10.34	11.08	11.75	11.23	10.77	7.85	8.87	9.03	8.92
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Cash Flow Statement (USD)

API ChatGPT

	2011 Y	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
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

+ Net Income	5	5	4	9	8	9	10	12	13	14	15	14	11	10	12
+ Depreciation & Amortization	1	1	1	2	2	2	2	1	1	1	1	1	1	1	1
+ Non-Cash Items	3	7	5	4	3	2	2	2	1	2	3	3	3	2	1
+ Stock-Based Compensation	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Income Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	3	7	4	4	2	2	2	2	- -	2	2	3	3	2	1
+ Chg in Non-Cash Work Cap	-1	-1	1	-1	1	- -	-1	- -	- -	-2	-1	- -	- -	1	-1
+ (Inc) Dec in Accts Receiv	- -	- -	- -	- -	- -	- -	- -	- -	- -	-1	- -	-1	- -	- -	-1
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Other	- -	- -	1	-2	1	- -	-1	- -	- -	-1	-1	- -	- -	1	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	8	12	11	14	14	12	13	15	15	15	18	18	15	14	14
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-1	- -	- -	-1	-1	-1	-18	-1	-1	-1	-1	-1	-1	-1	-1
+ Acq of Fixed Prod Assets	-1	- -	- -	-1	-1	-1	-1	-1	-1	-1	-1	-1	-1	-1	-1
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	-17	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	- -	- -	- -	- -	- -	-1	-2	-1	-2	-3	-3	-7	-8
+ Increase in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	- -	-1	-2	-1	-2	-3	-3	-7	-8
+ Net Change in LT Investment	-81	-17	-4	34	27	-4	12	16	-4	-64	-138	-22	41	-16	-61
+ Dec in LT Investment	40	94	90	69	65	42	30	41	50	36	53	41	57	37	88
+ Inc in LT Investment	-122	-111	-93	-35	-38	-46	-17	-25	-54	-100	-191	-63	-16	-54	-149
+ Net Cash From Acq & Div	83	-1	-5	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash from Divestitures	83	- -	11	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	-1	-17	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	11	-19	-2	-10	-43	-22	-20	-23	-24	-71	61	-56	-13	-17	-100
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	13	-37	-11	23	-18	-27	-26	-8	-29	-136	-78	-79	27	-34	-161
+ Dividends Paid	-2	-3	-2	-3	-3	-3	-3	-4	-4	-4	-5	-5	-5	- -	- -
+ Net Cash From Debt	-7	-3	-6	-6	11	10	7	-6	- -	- -	- -	43	-2	-34	120
+ Cash From Debt	6	- -	- -	- -	12	24	22	17	18	- -	- -	43	41	- -	120
+ Repayments of Debt	-13	-3	-6	-6	-1	-14	-15	-23	-17	- -	- -	- -	-43	-34	- -
+ Other Financing Activities	26	2	5	-42	1	11	9	4	20	139	80	1	-15	60	30
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	17	-4	-3	-51	9	17	13	-6	14	133	73	36	-25	20	141
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	38	-29	-4	-14	4	1	1	1	- -	12	13	-25	16	- -	-6
EBITDA	1	1	1	2	2	2	2	1	1	1	1	1	1	1	1
EBITDA Margin (%)	3.79	2.79	2.28	5.75	5.42	4.48	4.08	3.53	3.34	2.99	2.73	2.75	2.71	2.55	2.33
Free Cash Flow	8	12	10	13	13	11	-5	14	13	14	17	17	13	13	13
Net Cash Paid for Acquisitions	-83	1	5	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow to Firm	8	12	10	13	13	11	-5	14	13	14	17	17	13	13	13
Free Cash Flow to Equity	1	8	4	7	23	21	20	8	14	14	17	60	11	-20	133
Free Cash Flow per Basic Share	4.57	6.88	6	5.6	5.48	4.77	-2.08	6.07	5.9	6.36	7.72	7.86	6.31	6.23	6.37
Price/Free Cash Flow	5.55	4.25	5.37	5.62	5.54	8.33	3.63	7.29	7.63	7.4	7.18	6.61	6.14	7.14	7.6
Cash Flow to Net Income	1.72	2.43	2.4	1.57	1.62	1.29	1.31	1.23	1.17	1.09	1.21	1.27	1.37	1.35	1.13
Capital Expenditures	-1	- -	- -	-1	-1	-1	-18	-1	-1	-1	-1	-1	-1	-1	-1