Chemung Financial Corporation

CHMG

CHMGChemung Financial Corporation US flag

NASDAQ Global Select

76.74

USD

-0.29

- -

369.87MMarket 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	61	63	63	76	70	73	77	83	80	83	88	95	98	96	94
+ Sales & Services Revenue	61	63	63	76	70	73	77	83	80	83	88	95	98	96	94
- Cost of Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cost of Goods & Services	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Profit	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Selling, General & Admin	24	26	27	29	29	28	29	30	31	31	33	33	37	39	42
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	-24	-26	-27	-29	-29	-28	-29	-30	-31	-31	-33	-33	-37	-39	-42
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Non-Operating (Income) Loss	-16	-16	-13	-12	-14	-14	-15	-24	-19	-24	-34	-37	-32	-30	-20
+ Interest Expense, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	-16	-16	-13	-12	-14	-14	-15	-24	-19	-24	-34	-37	-32	-30	-20
Pretax Income	16	16	13	12	14	14	15	24	19	24	34	37	32	30	20
- Income Tax Expense (Benefit)	5	5	4	4	5	4	7	4	3	5	7	8	7	6	5
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	11	11	9	8	9	10	7	20	16	19	26	29	25	24	15
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	11	11	9	8	9	10	7	20	16	19	26	29	25	24	15
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	11	11	9	8	9	10	7	20	16	19	26	29	25	24	15
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	11	11	9	8	9	10	7	20	16	19	26	29	25	24	15
EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA	4	4	4	5	5	5	5	4	4	4	4	3	3	2	3
EBITDA Margin (%)	6.42	6.31	6.55	6.85	7.36	7.13	5.94	5.04	5.55	5.14	3.96	3.2	2.86	2.1	2.84
EBITA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100	100	100	100	100	100
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Profit Margin (%)	17.32	17.43	13.76	10.8	13.4	13.77	9.68	23.73	19.54	23.24	29.89	30.42	25.52	24.63	16.08
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	0.93	1.23	0.77	1.02	1.02	1.02	1.02	1.03	1.03	1.04	1.14	1.24	1.23	1.54	1.32
Depreciation Expense	4	4	4	5	5	5	5	4	4	4	4	3	3	2	3
Basic Weighted Avg Shares	4	5	5	5	5	5	5	5	5	5	5	5	5	5	5
Basic EPS, GAAP	2.4	2.37	1.87	1.74	2	2.11	1.55	4.06	3.21	4.01	5.64	6.13	5.28	4.96	3.14
Basic EPS from Cont Ops	2.4	2.37	1.87	1.74	2	2.11	1.55	4.06	3.21	4.01	5.64	6.13	5.28	4.96	3.14
Diluted Weighted Avg Shares	4	5	5	5	5	5	5	5	5	5	5	5	5	5	5
Diluted EPS, GAAP	2.4	2.37	1.87	1.74	2	2.11	1.55	4.06	3.21	4.01	5.64	6.13	5.28	4.96	3.14
Diluted EPS from Cont Ops	2.4	2.37	1.87	1.74	2	2.11	1.55	4.06	3.21	4.01	5.64	6.13	5.28	4.96	3.14

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	334	280	398	310	371	378	324	372	406	663	819	688	621	578	304
+ Cash & Cash Equivalents	53	40	52	29	26	74	31	130	122	109	27	56	37	47	50
+ ST Investments	281	240	346	281	345	303	293	242	284	555	792	633	584	531	254
+ Accounts & Notes Receiv	- -	18	22	32	25	27	27	29	30	40	32	59	- -	- -	- -
+ Accounts Receivable, Net	- -	18	22	32	25	27	27	29	30	40	32	59	- -	- -	- -
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	-334	-298	-420	-342	-396	-405	-351	-401	-436	-703	-851	-748	-621	-578	-304
+ 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	25	25	30	32	29	29	27	25	30	27	25	23	20	22	20
+ Property, Plant & Equip	69	72	80	86	85	88	89	90	98	97	96	94	94	93	92
- Accumulated Depreciation	44	47	50	54	56	59	63	65	67	70	71	72	74	71	72
+ LT Investments & Receivables	289	246	353	287	350	309	299	249	289	560	799	638	588	535	285
+ LT Investments	289	246	353	287	350	309	299	249	289	560	799	638	588	535	285
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	-314	-271	-383	-319	-379	-338	-326	-274	-320	-587	-824	-660	-608	-557	-305
+ Total Intangible Assets	28	27	28	27	26	25	24	23	23	22	22	22	22	22	22
+ Goodwill	22	22	22	22	22	22	22	22	22	22	22	22	22	22	22
+ Other Intangible Assets	6	5	6	5	4	3	2	1	1	- -	- -	- -	- -	- -	- -
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	-342	-298	-411	-346	-405	-363	-350	-297	-342	-609	-846	-682	-630	-579	-327
Total Assets	1,216	1,248	1,476	1,525	1,620	1,657	1,708	1,755	1,788	2,279	2,418	2,646	2,711	2,776	2,710
+ Payables & Accruals	2	- -	1	1	1	1	1	1	1	1	1	1	1	- -	- -
+ Accounts Payable	1	12	12	27	17	14	15	16	20	30	15	18	20	- -	- -
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	1	-12	-11	-26	-16	-13	-14	-14	-18	-28	-14	-17	-18	- -	- -
+ ST Debt	- -	- -	- -	31	14	- -	58	- -	- -	- -	15	96	32	109	87
+ ST Borrowings	- -	- -	- -	31	14	- -	58	- -	- -	- -	15	96	32	109	87
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	-2	- -	-1	-32	-15	-1	-59	-1	-1	-1	-16	-97	-33	-109	-87
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	-2	- -	-1	-32	-15	-1	-59	-1	-1	-1	-16	-97	-33	-109	-87
Total Current Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Debt	43	27	25	22	22	14	7	4	12	11	11	10	9	9	52
+ LT Borrowings	43	27	25	19	19	9	2	- -	- -	- -	- -	- -	- -	- -	44
+ LT Finance Leases	- -	- -	- -	3	3	5	5	4	12	11	11	10	9	9	8
+ Other LT Liabilities	-43	-27	-25	-22	-22	-14	-7	-4	-12	-11	-11	-10	-9	-9	-52
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	-43	-27	-25	-22	-22	-14	-7	-4	-12	-11	-11	-10	-9	-9	-52
Total Noncurrent Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Liabilities	1,090	1,117	1,338	1,391	1,483	1,513	1,558	1,590	1,605	2,080	2,207	2,479	2,515	2,561	2,456
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	46	45	45	45	46	46	46	46	46	47	47	47	48	49	50
+ Common Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	46	45	45	45	46	46	46	46	46	47	47	47	48	49	50
- Treasury Stock	19	19	18	17	16	15	14	13	12	18	18	18	17	16	15
+ Retained Earnings	101	107	111	114	119	124	128	143	154	168	189	212	230	248	256
+ Other Equity	-1	-3	- -	-9	-11	-11	-10	-11	-6	2	-7	-75	-66	-65	-36
Equity Before Minority Interest	126	131	139	134	137	144	150	165	183	200	211	166	195	215	255
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	126	131	139	134	137	144	150	165	183	200	211	166	195	215	255
Total Liabilities & Equity	1,216	1,248	1,476	1,525	1,620	1,657	1,708	1,755	1,788	2,279	2,418	2,646	2,711	2,776	2,710
Shares Outstanding	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	3	3	5	5	4	12	11	11	10	9	9	8
Net Debt	-10	-13	-26	21	7	-65	29	-130	-122	-109	-12	40	-5	62	81
Net Debt to Equity	-7.59	-9.93	-19.03	15.7	5.04	-45.27	19.34	-78.76	-66.75	-54.35	-5.87	24	-2.52	28.83	31.82
Tangible Common Equity Ratio	8.23	8.53	7.62	7.13	6.99	7.29	7.48	8.19	9.07	7.87	7.91	5.51	6.45	7.02	8.66
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	11	11	9	8	9	10	7	20	16	19	26	29	25	24	15
+ Depreciation & Amortization	4	4	4	5	5	5	5	4	4	4	4	3	3	2	3
+ Non-Cash Items	5	2	5	-2	4	2	15	7	5	7	-3	-23	2	4	20
+ Stock-Based Compensation	- -	- -	- -	- -	- -	- -	- -	- -	1	1	1	1	1	1	1
+ Deferred Income Taxes	3	1	- -	-2	1	-3	4	2	-2	- -	1	2	-2	1	-3
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	1	2	5	- -	2	4	10	5	6	6	-4	-25	3	2	22
+ Chg in Non-Cash Work Cap	-10	7	5	7	-5	5	-3	-3	1	-2	8	26	1	- -	7
+ (Inc) Dec in Accts Receiv	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	1	2	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	2	- -	-2
+ Inc (Dec) in Other	-10	7	3	8	-4	5	-3	-3	1	-2	8	26	-1	- -	9
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	9	25	23	18	14	22	24	28	26	29	35	35	31	30	45
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-3	-4	-4	-3	-1	-2	-1	-2	-1	-1	- -	- -	- -	-4	-2
+ Acq of Fixed Prod Assets	-3	-4	-4	-3	-1	-2	-1	-2	-1	-1	- -	- -	- -	-4	-2
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	- -	- -	- -	- -	1	1	1	-7	-1	-1	- -	- -	- -
+ Increase in Capital Stock	- -	- -	- -	- -	- -	- -	1	1	1	1	- -	- -	1	- -	1
+ Decrease in Capital Stock	-1	-1	- -	- -	- -	- -	- -	- -	- -	-8	-2	-1	- -	- -	- -
+ Net Change in LT Investment	-8	42	-113	64	-67	33	12	47	-33	-261	-260	64	59	50	271
+ Dec in LT Investment	124	125	68	90	126	132	55	65	86	70	144	89	62	55	275
+ Inc in LT Investment	-132	-82	-180	-26	-193	-99	-43	-18	-119	-331	-404	-25	-3	-5	-4
+ Net Cash From Acq & Div	25	- -	171	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash from Divestitures	33	- -	174	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	-8	- -	-3	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	-20	-96	-101	-133	-46	-32	-117	-1	1	-234	18	-316	-141	-104	-202
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-5	-57	-46	-71	-115	-1	-107	44	-33	-496	-242	-253	-82	-58	68
+ Dividends Paid	-4	-6	-4	-5	-5	-5	-5	-5	-5	-5	-5	-6	-6	-7	-6
+ Net Cash From Debt	-19	-16	-2	-6	- -	-10	-7	-2	- -	- -	- -	- -	- -	1	45
+ Cash From Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	45
+ Repayments of Debt	-19	-16	-2	-6	- -	-10	-7	-2	- -	- -	- -	- -	- -	- -	- -
+ Other Financing Activities	12	42	40	42	102	41	51	34	3	466	132	253	38	45	-149
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-12	20	35	30	98	27	40	28	-2	454	125	246	32	38	-111
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	-8	-13	11	-22	-3	48	-43	99	-8	-13	-82	29	-19	10	3
EBITDA	4	4	4	5	5	5	5	4	4	4	4	3	3	2	3
EBITDA Margin (%)	6.42	6.31	6.55	6.85	7.36	7.13	5.94	5.04	5.55	5.14	3.96	3.2	2.86	2.1	2.84
Free Cash Flow	7	21	19	16	13	20	22	26	26	28	35	35	30	26	44
Net Cash Paid for Acquisitions	-25	- -	-171	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow to Firm	7	21	19	16	13	20	22	26	26	28	35	35	30	26	44
Free Cash Flow to Equity	-13	5	17	9	13	10	15	24	25	28	35	34	30	27	90
Free Cash Flow per Basic Share	1.51	4.5	4.13	3.39	2.75	4.29	4.62	5.38	5.24	5.79	7.49	7.38	6.43	5.49	9.12
Price/Free Cash Flow	8.49	4.91	5.97	6.16	8.5	7.26	9.19	6.76	7.58	5.52	6.07	6.07	7.52	6.96	5.68
Cash Flow to Net Income	0.87	2.23	2.63	2.26	1.5	2.21	3.18	1.42	1.69	1.49	1.34	1.22	1.24	1.26	3.01
Capital Expenditures	-3	-4	-4	-3	-1	-2	-1	-2	-1	-1	- -	- -	- -	-4	-2