Civista Bancshares, Inc. Financial Ratios — 44Q Stock

Profitability (USD)

	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

Return on Common Equity (%)	3.63	5.48	6.16	8.76	11.41	14.19	10.24	5.77	10.73	9.46	11.5	11.43	12.16	8.33	9.92
Return on Assets (%)	0.36	0.5	0.54	0.8	1.01	1.28	1.09	0.77	1.52	1.27	1.4	1.19	1.15	0.8	1.1
Return on Capital (%)	2.19	3.13	3.35	4.69	5.84	7.8	6.33	3.5	6.12	5.9	7.81	5.3	4.83	3.8	5.54
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Pretax Margin (%)	9.46	14.28	14.7	23.1	28.73	36.23	31.76	20.17	37.44	32	38.84	34.32	31.59	24.08	32.53
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
Net Income to Common Margin (%)	5.48	8.58	9.77	13.93	18.31	23.89	20.9	15.85	31.45	27.74	32.55	28.77	26.81	20.86	27.21
Effective Tax Rate (%)	17.63	23.62	18.18	24.92	27.28	27.77	28.61	15.73	14.37	13.3	16.19	16.18	15.11	13.37	16.34
Dvd Payout Ratio (%)	7.69	20.31	23.03	19.14	13.99	11.15	16.67	28.76	19.7	22.11	19.82	21.54	22.34	31.76	25.61
Sustainable Growth Rate (%)	3.35	4.36	4.75	7.08	9.82	12.6	8.53	4.11	8.61	7.37	9.22	8.97	9.44	5.69	7.38

Credit (USD)

Credit Ratios 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 Debt	80	70	67	95	101	78	101	223	256	154	179	618	454	451	284
ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	102	- -	- -	394	338	339	175
LT Debt	80	70	67	95	101	78	101	223	154	154	179	225	116	112	109
Total Debt/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	7.13	7.11	7.03	7.65	7.82	8.62	10.95	13.54	14.29	12.64	11.79	9.2	9.63	9.48	12.53
Long-Term Debt/Equity (%)	77.76	67.02	52.31	81.64	80.39	56.63	54.93	74.62	46.78	44.11	50.32	67.05	31.23	28.8	20.09
Long-Term Debt/Capital (%)	43.74	40.13	34.34	44.95	44.56	36.15	35.46	42.73	26.35	30.61	33.47	23.56	14.06	13.33	13.19
Long-Term Debt/Total Assets (%)	7.16	6.13	5.75	7.8	7.65	5.66	6.64	10.43	6.69	5.58	5.93	6.17	3.01	2.73	2.52
Total Debt/Equity (%)	77.76	67.02	52.31	81.64	80.39	56.63	54.93	74.62	77.52	44.11	50.32	184.63	122.09	116.06	52.29
Total Debt/Capital (%)	43.74	40.13	34.34	44.95	44.56	36.15	35.46	42.73	43.67	30.61	33.47	64.87	54.97	53.72	34.34
Total Debt/Total Assets (%)	7.16	6.13	5.75	7.8	7.65	5.66	6.64	10.43	11.08	5.58	5.93	16.99	11.76	11	6.55
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
Net Debt/Capital (%)	21.21	18.47	20.43	35.85	34.2	23.05	24.79	37.62	38.58	6.96	-27.43	63.13	51.34	49.86	27.46
EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Liquidity (USD)

Liquidity Ratios 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

Cash Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Quick Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
CFO/Avg Current Liab	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	7.13	7.11	7.03	7.65	7.82	8.62	10.95	13.54	14.29	12.64	11.79	9.2	9.63	9.48	12.53
Long-Term Debt/Equity (%)	77.76	67.02	52.31	81.64	80.39	56.63	54.93	74.62	46.78	44.11	50.32	67.05	31.23	28.8	20.09
Long-Term Debt/Capital (%)	43.74	40.13	34.34	44.95	44.56	36.15	35.46	42.73	26.35	30.61	33.47	23.56	14.06	13.33	13.19
Long-Term Debt/Total Assets (%)	7.16	6.13	5.75	7.8	7.65	5.66	6.64	10.43	6.69	5.58	5.93	6.17	3.01	2.73	2.52
Total Debt/Equity (%)	77.76	67.02	52.31	81.64	80.39	56.63	54.93	74.62	77.52	44.11	50.32	184.63	122.09	116.06	52.29
Total Debt/Capital (%)	43.74	40.13	34.34	44.95	44.56	36.15	35.46	42.73	43.67	30.61	33.47	64.87	54.97	53.72	34.34
Total Debt/Total Assets (%)	7.16	6.13	5.75	7.8	7.65	5.66	6.64	10.43	11.08	5.58	5.93	16.99	11.76	11	6.55
CFO/Total Liabilities	2.06	1.64	1.23	1.36	1.27	1.43	1.55	1.07	1.96	1.35	1.53	0.76	1.8	1.3	1.14
CFO/CapEx	16.76	18.67	11.09	30.69	7.54	7.27	20.51	13.33	12.12	16.56	21.15	3.87	18.28	11.53	37.37
Altman's Z-Score	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Working Capital (USD)

Working Capital Ratios 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

Accounts Receivable Turnover	12.43	13.65	13.54	14.21	15.73	16.96	16.78	14.84	15.29	14.05	14.82	14.76	13.35	11.56	12.18
Days Sales Outstanding	29.36	26.75	26.96	25.69	23.2	21.52	21.75	24.6	23.86	25.97	24.62	24.72	27.33	31.56	29.97
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value 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

Market Capitalization	- -	- -	- -	- -	- -	- -	- -	- -	- -	274	366	347	289	305	466
- Cash & Cash Equivalents	52	46	34	30	36	37	41	43	49	128	255	45	62	65	78
+ Preferred Equity and Hybrid Capital	23	23	46	23	22	19	17	9	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	80	70	67	95	101	78	101	223	256	154	179	618	454	451	284
Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	-63	-270	305	64	43	350
Total Capital	182	174	196	211	226	216	286	522	586	505	534	953	826	839	828
Total Debt/Capital (%)	43.74	40.13	34.34	44.95	44.56	36.15	35.46	42.73	43.67	30.61	33.47	64.87	54.97	53.72	34.34
Total Debt / EV	- -	- -	- -	- -	- -	- -	- -	- -	- -	-2.46	-0.66	2.03	7.14	10.5	0.81
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2.23	0.4	0.28	2.06
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	12.11	1.01	0.89	8.09
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	16.33	1.07	0.97	8.31
Diluted Market Cap	- -	- -	- -	- -	- -	- -	- -	- -	- -	279	377	334	279	303	391
Diluted Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	-59	-259	292	54	41	275
EV per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	19.39	4.05	2.77	16.87
TTM Sales	51	51	51	55	61	66	70	83	106	116	125	137	160	152	170
TTM EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Cash Flow to Firm	21	17	13	15	15	18	21	20	39	33	41	25	63	48	43
TTM Free Cash Flow to Firm	20	16	12	14	13	15	20	18	36	31	39	19	59	44	42

Multiples (USD)

Valuation Multiples 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

Price/Free Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	9.08	9.71	17.91	4.71	6.87	9.28
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	-63	-270	305	64	43	350
Low Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	11.13	16.54	20	14.12	13.44	17.36
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2.23	0.4	0.28	2.06
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	- -	- -	8.65	9.3	8.48	6.5	9.56	8.46
Price/Earnings Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	7.59	8.51	8.57	6.1	8.05	7.81
Price/Earnings High	- -	- -	- -	- -	- -	- -	- -	- -	- -	11.23	9.66	9.79	7.87	11.15	9.41
Price/Earnings Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	5.58	6.28	7.69	4.98	6.53	6.54
Price/Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.78	1.03	1.04	0.78	0.78	0.86
Price/Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.69	0.94	1.05	0.73	0.66	0.79
Price/Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.02	1.07	1.2	0.94	0.91	0.95
Price/Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.51	0.7	0.94	0.6	0.54	0.66
Price/Tangible Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.04	1.35	1.75	1.22	1.19	1.16
Price/Tangible Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.91	1.24	1.77	1.15	1.01	1.08
Price/Tangible Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.34	1.4	2.02	1.48	1.39	1.3
Price/Tangible Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.67	0.91	1.59	0.94	0.82	0.9
Price/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	2.4	3.03	2.44	1.74	1.99	2.3
Price/Sales Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	2.11	2.77	2.47	1.64	1.68	2.13
Price/Sales High	- -	- -	- -	- -	- -	- -	- -	- -	- -	3.12	3.15	2.82	2.11	2.33	2.56
Price/Sales Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.55	2.05	2.21	1.34	1.36	1.78
Price/Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	8.53	9.25	13.28	4.46	6.28	9.03
Price/Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	7.49	8.46	13.42	4.18	5.28	8.34
Price/Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -	11.07	9.61	15.32	5.39	7.32	10.05
Price/Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	5.5	6.25	12.04	3.41	4.29	6.99
Price/Free Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	7.97	8.88	18.1	4.42	5.79	8.57
Price/Free Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -	11.78	10.09	20.66	5.71	8.02	10.33
Price/Free Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	5.85	6.56	16.24	3.61	4.69	7.18
EV/Sales Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2.25	0.29	- -	1.85
EV/Sales High	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.16	- -	2.61	0.78	0.62	2.37
EV/Sales Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.99	- -	- -	1.44
EV/EBITDA Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Last Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	17.27	24.47	22.06	18.43	19.68	22.44
High Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	22.42	25.43	25.45	22.32	22.95	24.97
Enterprise Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	-96	-302	309	46	-5	314
Enterprise Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	19	-256	358	125	94	402
Enterprise Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	-160	-389	273	-4	-54	244

Per Share Data Items (USD)

Per-Share Data 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

Shares Outstanding	8	8	8	8	8	8	10	16	17	16	15	16	16	15	21
Diluted Weighted Avg Shares	8	8	8	11	11	11	12	14	17	16	15	15	15	15	17
Basic Weighted Avg Shares	8	8	8	8	8	8	10	12	16	16	15	15	15	15	17
Revenue per Share	6.59	6.64	6.67	7.13	7.8	8.21	7.06	6.95	6.75	7.19	8.08	9.04	10.57	9.87	9.75
EBITDA per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
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 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
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
Cash Flow per Share	2.7	2.19	1.66	1.93	1.93	2.21	2.1	1.64	2.48	2.02	2.65	1.66	4.14	3.13	2.48
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
Cash & Equivalents per Share	33.31	32.45	30.33	29.55	29.55	27.87	26.55	24.93	24.39	30.93	54.5	41.98	43.32	46.02	19.27
Book Value per Share	10.3	10.48	10.65	12.04	13.12	14.22	16.39	18.56	19.78	22.02	23.75	21.29	23.7	25.08	26.2
Tangible Book Value per Share	6.95	7.26	7.47	8.96	9.36	10.76	13.6	13.03	14.68	16.68	18.11	12.61	15.1	16.47	19.28