Finward Bancorp

FNWD

FNWDFinward Bancorp US flag

NASDAQ Capital Market

36.49

USD

-0.14

- -

158.00MMarket 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	30	31	30	31	34	38	39	43	54	64	65	79	65	71	66
+ Sales & Services Revenue	30	31	30	31	34	38	39	43	54	64	65	79	65	71	66
- Cost of Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cost of Goods & Services	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Profit	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Selling, General & Admin	11	12	12	12	14	15	15	18	21	24	26	32	30	30	32
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	-11	-12	-12	-12	-14	-15	-15	-18	-21	-24	-26	-32	-30	-30	-32
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Non-Operating (Income) Loss	-7	-9	-10	-10	-10	-12	-12	-11	-14	-19	-16	-17	-8	-13	-8
+ Interest Expense, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	-7	-9	-10	-10	-10	-12	-12	-11	-14	-19	-16	-17	-8	-13	-8
Pretax Income	7	9	10	10	10	12	12	11	14	19	16	17	8	13	8
- Income Tax Expense (Benefit)	1	2	2	2	2	3	3	1	2	3	1	1	- -	1	- -
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	5	7	7	7	8	9	9	9	12	16	15	15	8	12	8
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	5	7	7	7	8	9	9	9	12	16	15	15	8	12	8
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	5	7	7	7	8	9	9	9	12	16	15	15	8	12	8
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	5	7	7	7	8	9	9	9	12	16	15	15	8	12	8
EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA	2	2	2	2	2	3	3	3	2	3	5	6	7	7	6
EBITDA Margin (%)	7.77	7.71	7.15	6.46	6.78	6.78	6.78	6.12	3.62	5	7.07	7.59	10.97	10.26	9.37
EBITA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100	100	100	100	100	100
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Profit Margin (%)	17.95	21.92	23.9	23.52	22.95	24.27	23.26	21.49	22.47	24.88	23.19	19.17	12.83	17.06	12.25
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	0.6	0.68	0.82	0.94	1.04	1.1	1.14	1.13	1.18	1.24	1.24	1.21	1.25	0.49	0.36
Depreciation Expense	2	2	2	2	2	3	3	3	2	3	5	6	7	7	6
Basic Weighted Avg Shares	3	3	3	3	3	3	3	3	3	3	3	4	4	4	4
Basic EPS, GAAP	1.9	2.41	2.51	2.6	2.75	3.2	3.13	3.08	3.5	4.6	4.3	3.61	1.96	2.85	1.89
Basic EPS from Cont Ops	1.9	2.41	2.51	2.6	2.75	3.2	3.13	3.08	3.5	4.6	4.3	3.61	1.96	2.85	1.89
Diluted Weighted Avg Shares	3	3	3	3	3	3	3	3	3	3	3	4	4	4	4
Diluted EPS, GAAP	1.9	2.41	2.51	2.6	2.75	3.2	3.13	3.08	3.5	4.6	4.3	3.6	1.96	2.84	1.88
Diluted EPS from Cont Ops	1.9	2.41	2.51	2.6	2.75	3.2	3.13	3.08	3.5	4.6	4.3	3.6	1.96	2.84	1.88

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	208	221	215	234	244	279	257	260	311	432	561	405	457	77	120
+ Cash & Cash Equivalents	21	33	20	14	11	45	12	18	34	22	34	34	86	70	120
+ ST Investments	187	187	196	220	233	234	244	242	277	411	527	371	371	7	1
+ Accounts & Notes Receiv	3	2	2	3	3	3	3	4	4	5	5	7	8	8	8
+ Accounts Receivable, Net	3	2	2	3	3	3	3	4	4	5	5	7	8	8	8
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	-210	-223	-218	-237	-247	-282	-260	-264	-315	-437	-567	-412	-465	-85	-128
+ 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	18	17	18	19	19	20	25	29	31	31	40	38	47	45
+ Property, Plant & Equip	35	35	36	38	41	42	44	51	57	60	63	72	73	81	81
- Accumulated Depreciation	17	17	19	20	22	23	24	26	27	30	32	32	35	34	37
+ LT Investments & Receivables	187	187	196	220	233	234	244	242	277	411	527	371	371	7	1
+ LT Investments	187	187	196	220	233	234	244	242	277	411	527	371	371	7	1
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	-205	-205	-213	-238	-252	-253	-264	-267	-307	-441	-558	-411	-410	-54	-46
+ Total Intangible Assets	- -	- -	- -	2	3	3	3	8	11	15	14	27	26	24	24
+ Goodwill	- -	- -	- -	2	3	3	3	8	11	11	11	22	22	22	22
+ Other Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	4	3	5	3	2	1
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	-205	-205	-213	-239	-255	-256	-267	-275	-318	-457	-573	-438	-435	-79	-69
Total Assets	652	692	693	775	865	914	927	1,096	1,329	1,496	1,621	2,070	2,108	2,061	2,021
+ Payables & Accruals	10	8	9	11	11	10	10	10	15	22	15	23	- -	- -	- -
+ Accounts Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	10	8	9	11	11	10	10	10	15	22	15	23	- -	- -	- -
+ ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Borrowings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	-10	-8	-9	-11	-11	-10	-10	-10	-15	-22	-15	-23	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	-10	-8	-9	-11	-11	-10	-10	-10	-15	-22	-15	-23	- -	- -	- -
Total Current Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Debt	37	33	31	36	39	26	21	43	14	6	- -	120	80	65	45
+ LT Borrowings	37	33	31	36	39	26	21	43	14	6	- -	120	80	65	45
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Liabilities	-37	-33	-31	-36	-39	-26	-21	-43	-14	-6	- -	-120	-80	-65	-45
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	-37	-33	-31	-36	-39	-26	-21	-43	-14	-6	- -	-120	-80	-65	-45
Total Noncurrent Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Liabilities	589	624	627	699	784	830	835	995	1,195	1,345	1,464	1,934	1,961	1,909	1,847
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	6	6	4	4	5	5	5	12	30	30	30	69	70	70	70
+ Common Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	5	5	4	4	4	4	5	12	30	30	30	69	70	70	70
- Treasury Stock	1	1	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	56	61	66	70	75	81	87	92	100	111	122	132	129	139	146
+ Other Equity	3	2	-3	2	1	-2	1	-3	4	10	4	-64	-52	-58	-42
Equity Before Minority Interest	63	68	67	76	81	84	92	101	134	152	157	136	147	151	175
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	63	68	67	76	81	84	92	101	134	152	157	136	147	151	175
Total Liabilities & Equity	652	692	693	775	865	914	927	1,096	1,329	1,496	1,621	2,070	2,108	2,061	2,021
Shares Outstanding	3	3	3	3	3	3	3	3	3	3	3	4	4	4	4
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt	16	- -	11	22	29	-19	9	25	-20	-16	-34	86	-6	-5	-75
Net Debt to Equity	25.52	-0.2	16.81	29.49	35.6	-22.67	9.27	24.25	-14.83	-10.33	-21.98	63.32	-3.79	-3.26	-42.74
Tangible Common Equity Ratio	9.66	9.78	9.63	9.64	9.09	8.93	9.66	8.57	9.33	9.21	8.86	5.34	5.84	6.24	7.56
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	7	7	7	8	9	9	9	12	16	15	15	8	12	8
+ Depreciation & Amortization	2	2	2	2	2	3	3	3	2	3	5	6	7	7	6
+ Non-Cash Items	2	- -	- -	-2	- -	1	1	-1	- -	-5	5	5	2	-15	-2
+ Stock-Based Compensation	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	1	1	1	- -
+ Deferred Income Taxes	- -	- -	1	- -	-1	- -	- -	- -	1	1	- -	1	-1	1	-1
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	- -	- -	- -
+ Other Non-Cash Adj	2	- -	- -	-2	1	1	1	-1	-2	-6	5	2	2	-16	-1
+ Chg in Non-Cash Work Cap	5	- -	1	2	-1	-2	-1	- -	-3	5	-8	-9	6	5	-3
+ (Inc) Dec in Accts Receiv	- -	- -	- -	- -	- -	- -	- -	- -	- -	-1	-1	- -	-1	- -	- -
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	4	-2	1	2	-1	-1	- -	-1	3	8	-9	-3	4	1	-6
+ Inc (Dec) in Other	1	1	1	- -	- -	-1	- -	1	-5	-2	2	-5	3	4	3
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	15	9	11	10	9	10	12	11	11	20	17	18	24	10	10
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2	1	18	1
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2	1	18	1
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	- -	-1	-1	-1	-1	-2	-2	-1	-3	-4	-3	-3	-1	-3	-1
+ Acq of Fixed Prod Assets	- -	-1	-1	-1	-1	-2	-2	-1	-3	-4	-3	-3	-1	-3	-1
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Increase in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Change in LT Investment	-22	-1	-17	-13	-5	-5	-8	-2	-24	-125	-122	65	15	27	36
+ Dec in LT Investment	67	80	65	55	73	94	81	57	70	118	99	95	15	27	36
+ Inc in LT Investment	-89	-80	-82	-69	-78	-99	-89	-59	-93	-243	-221	-30	- -	- -	- -
+ Net Cash From Acq & Div	- -	- -	- -	3	17	- -	- -	18	53	- -	- -	34	- -	- -	- -
+ Cash from Divestitures	- -	- -	- -	3	17	- -	- -	18	53	- -	- -	34	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	14	-35	-7	-23	-55	-15	-38	-47	-54	-56	-1	-99	1	1	59
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-8	-36	-24	-35	-45	-21	-48	-31	-28	-185	-126	-1	15	43	95
+ Dividends Paid	-2	-2	-2	-3	-3	-3	-3	-3	-4	-4	-4	-5	-5	-2	-2
+ Net Cash From Debt	3	-3	-5	7	3	-18	-8	22	-29	-6	-6	120	-40	-15	-20
+ Cash From Debt	10	2	9	48	11	11	9	77	- -	2	- -	120	80	150	40
+ Repayments of Debt	-7	-5	-14	-41	-8	-29	-17	-55	-29	-8	-6	- -	-120	-165	-60
+ Other Financing Activities	7	40	6	23	25	65	13	8	81	148	133	-133	61	-51	-34
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	8	35	-1	28	25	44	2	27	47	138	122	-18	15	-68	-56
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	15	7	-14	2	-10	33	-33	6	30	-27	13	-2	55	-15	49
EBITDA	2	2	2	2	2	3	3	3	2	3	5	6	7	7	6
EBITDA Margin (%)	7.77	7.71	7.15	6.46	6.78	6.78	6.78	6.12	3.62	5	7.07	7.59	10.97	10.26	9.37
Free Cash Flow	14	8	10	9	8	9	11	10	8	16	14	15	23	7	9
Net Cash Paid for Acquisitions	- -	- -	- -	-3	-17	- -	- -	-18	-53	- -	- -	-34	- -	- -	- -
Free Cash Flow to Firm	14	8	10	9	8	9	11	10	8	16	14	15	- -	7	9
Free Cash Flow to Equity	18	5	6	16	11	-9	3	32	-21	10	8	136	-16	9	-10
Free Cash Flow per Basic Share	5.08	2.72	3.58	3.07	2.86	3.03	3.71	3.15	2.29	4.62	4	3.52	5.39	1.58	2.12
Price/Free Cash Flow	2.68	5.82	5.94	7.22	8.15	9.18	9.13	11.28	11.32	5.33	7.91	7.3	4.26	9.33	14.04
Cash Flow to Net Income	2.75	1.24	1.55	1.3	1.2	1.14	1.37	1.13	0.91	1.24	1.14	1.18	2.89	0.81	1.22
Capital Expenditures	- -	-1	-1	-1	-1	-2	-2	-1	-3	-4	-3	-3	-1	-3	-1