Civista Bancshares, Inc.

CIVB

CIVBCivista Bancshares, Inc. US flag

NASDAQ Capital Market

27.95

USD

+0.02

- -

580.89MMarket 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	51	51	51	55	61	66	70	83	106	116	125	137	160	152	170
+ Sales & Services Revenue	51	51	51	55	61	66	70	83	106	116	125	137	160	152	170
- Cost of Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cost of Goods & Services	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Profit	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Selling, General & Admin	22	23	28	26	27	28	33	47	44	44	47	53	61	67	63
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	-22	-23	-28	-26	-27	-28	-33	-47	-44	-44	-47	-53	-61	-67	-63
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Non-Operating (Income) Loss	-5	-7	-8	-13	-18	-24	-22	-17	-40	-37	-48	-47	-51	-37	-55
+ Interest Expense, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	-5	-7	-8	-13	-18	-24	-22	-17	-40	-37	-48	-47	-51	-37	-55
Pretax Income	5	7	8	13	18	24	22	17	40	37	48	47	51	37	55
- Income Tax Expense (Benefit)	1	2	1	3	5	7	6	3	6	5	8	8	8	5	9
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	4	6	6	10	13	17	16	14	34	32	41	39	43	32	46
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	4	6	6	10	13	17	16	14	34	32	41	39	43	32	46
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	4	6	6	10	13	17	16	14	34	32	41	39	43	32	46
- Preferred Dividends	1	1	1	2	2	2	1	1	1	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	3	4	5	8	11	16	15	13	33	32	41	39	43	32	46
EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA	3	2	2	2	2	2	2	2	3	3	3	6	12	11	10
EBITDA Margin (%)	5.34	4.82	4.24	3.54	3.12	2.97	2.62	2.26	3.01	2.73	2.3	4.2	7.7	7.26	5.82
EBITA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100	100	100	100	100	100
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Profit Margin (%)	7.8	10.91	12.02	17.34	20.89	26.17	22.68	17	32.06	27.74	32.55	28.77	26.81	20.86	27.21
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	0.18	0.27	0.3	0.43	0.4	0.41	0.37	0.4	0.46	0.44	0.52	0.56	0.63	0.65	0.68
Depreciation Expense	3	2	2	2	2	2	2	2	3	3	3	6	12	11	10
Basic Weighted Avg Shares	8	8	8	8	8	8	10	12	16	16	15	15	15	15	17
Basic EPS, GAAP	0.36	0.57	0.65	0.99	1.43	1.96	1.48	1.1	2.12	2	2.63	2.6	2.84	2.06	2.65
Basic EPS from Cont Ops	0.51	0.72	0.8	1.24	1.63	2.15	1.6	1.18	2.16	2	2.63	2.6	2.84	2.06	2.65
Diluted Weighted Avg Shares	8	8	8	11	11	11	12	14	17	16	15	15	15	15	17
Diluted EPS, GAAP	0.36	0.57	0.65	0.7	1.02	1.44	1.18	0.95	1.97	2	2.63	2.6	2.84	2.06	2.65
Diluted EPS from Cont Ops	0.51	0.72	0.8	0.87	1.17	1.57	1.28	1.02	2.01	2	2.63	2.6	2.84	2.06	2.65

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	257	250	234	228	232	233	271	389	407	492	815	660	680	713	400
+ Cash & Cash Equivalents	52	46	34	30	36	37	41	43	49	128	255	45	62	65	78
+ ST Investments	205	204	200	198	196	196	230	346	358	363	560	615	618	648	321
+ Accounts & Notes Receiv	4	4	4	4	4	4	4	7	7	9	7	48	67	59	48
+ Accounts Receivable, Net	4	4	4	4	4	4	4	7	7	9	7	11	13	13	14
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	36	54	46	34
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	-261	-254	-238	-232	-236	-236	-275	-396	-414	-501	-822	-708	-747	-772	-448
+ 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	18	17	16	14	17	18	18	22	23	23	22	64	57	47	41
+ Property, Plant & Equip	42	43	41	35	41	41	43	54	57	59	60	106	125	132	126
- Accumulated Depreciation	24	26	24	21	24	24	26	32	34	36	38	42	69	85	86
+ LT Investments & Receivables	220	220	215	210	210	210	245	368	380	385	578	651	650	681	711
+ LT Investments	220	220	215	210	210	210	245	368	380	385	578	651	650	681	711
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	-238	-237	-231	-225	-227	-228	-263	-390	-403	-407	-600	-715	-707	-728	-751
+ Total Intangible Assets	26	25	24	24	30	29	28	86	85	85	84	136	135	133	144
+ Goodwill	22	22	22	22	27	27	27	77	77	77	77	126	126	126	130
+ Other Intangible Assets	4	3	3	2	2	2	1	9	8	8	8	11	10	8	13
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	-264	-262	-256	-249	-256	-257	-291	-477	-488	-492	-685	-852	-842	-861	-895
Total Assets	1,113	1,137	1,168	1,213	1,315	1,377	1,526	2,139	2,310	2,769	3,013	3,639	3,861	4,098	4,336
+ Payables & Accruals	10	14	9	12	12	12	13	15	17	24	26	25	- -	- -	- -
+ Accounts Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	10	14	9	12	12	12	13	15	17	24	26	25	- -	- -	- -
+ ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	102	- -	- -	394	338	339	175
+ ST Borrowings	- -	- -	- -	- -	- -	- -	- -	- -	102	- -	- -	394	338	339	175
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	-10	-14	-9	-12	-12	-12	-13	-15	-119	-24	-26	-418	-338	-339	-175
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	-10	-14	-9	-12	-12	-12	-13	-15	-119	-24	-26	-418	-338	-339	-175
Total Current Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Debt	80	70	67	95	101	78	101	223	154	154	179	225	116	112	109
+ LT Borrowings	80	70	67	95	101	78	101	223	154	154	179	225	116	112	109
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Liabilities	-80	-70	-67	-95	-101	-78	-101	-223	-154	-154	-179	-225	-116	-112	-109
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	-80	-70	-67	-95	-101	-78	-101	-223	-154	-154	-179	-225	-116	-112	-109
Total Noncurrent Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Liabilities	1,010	1,033	1,039	1,097	1,190	1,240	1,341	1,840	1,979	2,419	2,658	3,305	3,489	3,710	3,793
+ Preferred Equity and Hybrid Capital	23	23	46	23	22	19	17	9	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	229	229	229	229	231	238	308	534	276	277	278	310	311	312	420
+ Common Stock	114	114	114	114	115	119	154	267	276	277	278	310	311	312	420
+ Additional Paid in Capital	114	114	114	114	115	119	154	267	- -	- -	- -	- -	- -	- -	- -
- Treasury Stock	17	17	17	17	17	17	17	17	21	35	57	74	75	76	76
+ Retained Earnings	-18	-15	-11	-4	5	19	32	41	68	93	126	156	184	205	240
+ Other Equity	- -	-2	-4	- -	- -	-2	-1	-1	7	15	9	-58	-48	-53	-40
Equity Before Minority Interest	103	104	128	116	125	138	184	299	330	350	355	335	372	389	543
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	103	104	128	116	125	138	184	299	330	350	355	335	372	389	543
Total Liabilities & Equity	1,113	1,137	1,168	1,213	1,315	1,377	1,526	2,139	2,310	2,769	3,013	3,639	3,861	4,098	4,336
Shares Outstanding	8	8	8	8	8	8	10	16	17	16	15	16	16	15	21
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt	28	24	33	65	65	41	61	180	207	26	-76	573	393	386	206
Net Debt to Equity	26.91	22.66	25.68	55.88	51.98	29.96	32.97	60.3	62.82	7.48	-21.52	171.24	105.53	99.43	37.85
Tangible Common Equity Ratio	4.93	5.03	5.04	5.8	5.71	6.66	9.26	9.91	11.01	9.88	9.25	5.66	6.36	6.43	9.54
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	4	6	6	10	13	17	16	14	34	32	41	39	43	32	46
+ Depreciation & Amortization	3	2	2	2	2	2	2	2	3	3	3	6	12	11	10
+ Non-Cash Items	12	8	6	- -	1	- -	2	3	1	-1	-5	2	2	2	-5
+ Stock-Based Compensation	- -	- -	- -	- -	- -	- -	- -	- -	1	1	1	1	1	1	1
+ Deferred Income Taxes	- -	- -	1	- -	- -	- -	1	- -	1	-2	1	- -	-1	-2	1
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	12	7	5	- -	2	- -	1	3	- -	- -	-7	1	1	3	-7
+ Chg in Non-Cash Work Cap	2	1	-2	3	-1	-2	1	- -	1	-1	2	-22	6	3	-7
+ (Inc) Dec in Accts Receiv	1	- -	- -	- -	- -	- -	-1	-1	- -	-2	2	-2	-2	-1	-1
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	9	- -	-5
+ Inc (Dec) in Other	2	1	-2	3	-1	-2	1	2	1	1	- -	-20	-2	4	-2
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	21	17	13	15	15	18	21	20	39	33	41	25	63	48	43
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	1	- -	- -	- -	1	- -	- -	- -	- -	- -	4	1
+ Disp of Fixed Prod Assets	- -	- -	- -	1	- -	- -	- -	1	- -	- -	- -	- -	- -	4	1
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-1	-1	-1	- -	-2	-2	-1	-1	-3	-2	-2	-7	-3	-4	-1
+ Acq of Fixed Prod Assets	-1	-1	-1	- -	-2	-2	-1	-1	-3	-2	-2	-7	-3	-4	-1
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	-1	- -	- -	- -	- -	33	- -	-4	-13	-22	-17	-2	- -	75
+ Increase in Capital Stock	- -	- -	- -	- -	- -	- -	33	- -	- -	- -	- -	- -	- -	- -	76
+ Decrease in Capital Stock	- -	-1	- -	- -	- -	- -	- -	- -	-4	-13	-22	-17	-2	- -	- -
+ Net Change in LT Investment	-15	-1	-5	8	- -	-4	-36	-78	- -	4	-200	-37	13	-39	-12
+ Dec in LT Investment	61	76	59	67	30	38	35	57	72	61	68	110	59	49	111
+ Inc in LT Investment	-77	-77	-64	-59	-30	-42	-71	-135	-73	-56	-269	-147	-46	-87	-124
+ Net Cash From Acq & Div	- -	- -	- -	- -	- -	- -	- -	144	- -	- -	- -	-52	- -	- -	149
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	144	- -	- -	- -	- -	- -	- -	149
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-52	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	-34	-38	-49	-58	-10	-57	-110	-99	-147	-343	72	-315	-321	-220	-82
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-50	-40	-56	-48	-12	-64	-146	-34	-151	-341	-130	-410	-312	-259	56
+ Dividends Paid	-1	-2	-2	-3	-3	-3	-4	-5	-7	-7	-8	-8	-10	-10	-12
+ Net Cash From Debt	- -	-10	-3	-15	-5	- -	-2	-10	120	- -	23	-136	-61	-4	-3
+ Cash From Debt	22	- -	- -	15	- -	- -	- -	- -	125	184	73	- -	- -	- -	- -
+ Repayments of Debt	-23	-10	-3	-30	-5	- -	-2	-10	-5	-184	-50	-136	-61	-4	-3
+ Other Financing Activities	4	29	36	48	11	50	103	31	8	419	224	325	339	228	-146
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	3	17	31	29	3	47	129	16	117	399	217	164	266	213	-85
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	-27	-6	-12	-4	6	1	4	2	5	90	127	-221	17	3	14
EBITDA	3	2	2	2	2	2	2	2	3	3	3	6	12	11	10
EBITDA Margin (%)	5.34	4.82	4.24	3.54	3.12	2.97	2.62	2.26	3.01	2.73	2.3	4.2	7.7	7.26	5.82
Free Cash Flow	20	16	12	14	13	15	20	18	36	31	39	19	59	44	42
Net Cash Paid for Acquisitions	- -	- -	- -	- -	- -	- -	- -	-144	- -	- -	- -	52	- -	- -	-149
Free Cash Flow to Firm	20	16	12	14	13	15	20	18	36	31	39	19	59	44	42
Free Cash Flow to Equity	18	5	31	-25	6	10	15	- -	146	31	62	-117	-2	44	41
Free Cash Flow per Basic Share	2.54	2.07	1.51	1.87	1.67	1.91	2	1.52	2.27	1.9	2.52	1.23	3.91	2.86	2.42
Price/Free Cash Flow	1.41	2.27	3.6	7.29	8.21	10.56	12.45	11.44	9.63	8.17	8.81	10.53	4.23	6.18	8.71
Cash Flow to Net Income	5.27	3.03	2.07	1.56	1.18	1.03	1.31	1.39	1.15	1.01	1.01	0.64	1.46	1.52	0.94
Capital Expenditures	-1	-1	-1	- -	-2	-2	-1	-1	-3	-2	-2	-7	-3	-4	-1