Harleysville Financial Corporation

HARL

HARLHarleysville Financial Corporation US flag

Other OTC

29.60

USD

- -

106.11MMarket 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	09/30/2011	09/30/2012	09/30/2013	09/30/2014	09/30/2015	09/30/2016	09/30/2017	09/30/2018	09/30/2019	09/30/2020	09/30/2021	09/30/2022	09/30/2023	09/30/2024	09/30/2025

Sales/Revenue/Turnover	22	22	21	22	22	23	24	26	28	25	26	27	33	28	30
+ Sales & Services Revenue	22	22	21	22	22	23	24	26	28	25	26	27	33	28	30
- Cost of Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cost of Goods & Services	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Profit	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Selling, General & Admin	9	9	9	9	10	10	10	10	10	10	10	11	11	12	12
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	-9	-9	-9	-9	-10	-10	-10	-10	-10	-10	-10	-11	-11	-12	-12
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Non-Operating (Income) Loss	-7	-7	-7	-7	-7	-8	-8	-10	-11	-9	-10	-11	-16	-11	-12
+ Interest Expense, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	-7	-7	-7	-7	-7	-8	-8	-10	-11	-9	-10	-11	-16	-11	-12
Pretax Income	7	7	7	7	7	8	8	10	11	9	10	11	16	11	12
- Income Tax Expense (Benefit)	2	2	2	2	2	3	3	3	3	2	3	3	4	3	3
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	5	5	5	5	5	5	6	7	8	7	7	9	12	9	10
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	5	5	5	5	5	5	6	7	8	7	7	9	12	9	10
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	5	5	5	5	5	5	6	7	8	7	7	9	12	9	10
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	5	5	5	5	5	5	6	7	8	7	7	9	12	9	10
EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA	1	1	1	1	1	1	1	1	1	1	1	1	- -	1	1
EBITDA Margin (%)	2.86	2.83	2.87	2.69	2.52	2.48	2.58	2.8	2.61	2.75	2.63	2.27	1.45	1.86	1.78
EBITA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100	100	100	100	100	100
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Profit Margin (%)	25.06	23.38	22.87	22.48	22.01	23.81	23.87	26.9	29.47	27.92	28.38	32.37	36.97	31.75	32.1
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	0.59	0.6	0.83	0.84	0.84	0.84	0.87	0.91	0.98	1.06	1.11	1.15	2.36	2.44	1.3
Depreciation Expense	1	1	1	1	1	1	1	1	1	1	1	1	- -	1	1
Basic Weighted Avg Shares	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4
Basic EPS, GAAP	1.45	1.35	1.28	1.3	1.33	1.48	1.51	1.89	2.17	1.89	1.95	2.36	3.31	2.43	2.64
Basic EPS from Cont Ops	1.45	1.35	1.28	1.3	1.33	1.48	1.51	1.89	2.17	1.89	1.95	2.36	3.31	2.43	2.64
Diluted Weighted Avg Shares	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4
Diluted EPS, GAAP	1.44	1.33	1.25	1.27	1.3	1.45	1.48	1.85	2.13	1.87	1.93	2.34	3.29	2.43	2.61
Diluted EPS from Cont Ops	1.44	1.33	1.25	1.27	1.3	1.45	1.48	1.85	2.13	1.87	1.93	2.34	3.29	2.43	2.61

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	09/30/2011	09/30/2012	09/30/2013	09/30/2014	09/30/2015	09/30/2016	09/30/2017	09/30/2018	09/30/2019	09/30/2020	09/30/2021	09/30/2022	09/30/2023	09/30/2024	09/30/2025

Total Current Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash, Cash Equivalents & STI	23	24	19	13	16	28	10	10	25	121	207	140	11	10	9
+ Cash & Cash Equivalents	23	24	15	12	15	23	9	8	21	115	206	136	11	10	9
+ ST Investments	- -	- -	3	1	1	5	1	2	3	6	1	4	- -	- -	1
+ Accounts & Notes Receiv	3	3	2	2	2	2	2	2	2	2	2	2	2	2	3
+ Accounts Receivable, Net	3	3	2	2	2	2	2	2	2	2	2	2	2	2	3
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	-25	-26	-21	-15	-18	-30	-12	-12	-27	-123	-209	-142	-13	-12	-12
+ 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	12	12	11	11	11	11	11	11	10	10	9	9	9	9	8
+ Property, Plant & Equip	19	19	19	20	20	21	21	22	22	22	23	23	23	24	24
- Accumulated Depreciation	7	8	8	9	9	10	11	11	12	13	13	14	14	15	15
+ LT Investments & Receivables	250	239	280	234	199	146	133	108	118	95	105	178	159	134	168
+ LT Investments	250	239	280	234	199	146	133	108	118	95	105	178	159	134	168
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	-262	-250	-291	-245	-210	-157	-144	-119	-128	-104	-115	-187	-168	-143	-177
+ Total Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Goodwill	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	-262	-250	-291	-245	-210	-157	-144	-119	-128	-104	-115	-187	-168	-143	-177
Total Assets	836	803	810	791	770	747	763	769	779	855	893	912	842	863	928
+ Payables & Accruals	3	6	5	1	1	1	- -	- -	- -	- -	- -	- -	- -	- -	1
+ Accounts Payable	1	1	5	1	1	1	- -	- -	- -	- -	- -	- -	- -	- -	1
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	1	5	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Debt	- -	- -	33	50	33	9	14	17	9	21	19	15	52	45	71
+ ST Borrowings	- -	- -	33	50	33	9	14	17	9	21	19	15	52	45	71
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	-3	-6	-38	-51	-34	-9	-15	-17	-9	-22	-19	-15	-53	-46	-72
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	-3	-6	-38	-51	-34	-9	-15	-17	-9	-22	-19	-15	-53	-46	-72
Total Current Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Debt	250	192	175	168	152	143	123	91	102	88	59	47	46	57	84
+ LT Borrowings	250	192	175	168	152	143	123	91	102	88	59	47	46	57	84
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Liabilities	-250	-192	-175	-168	-152	-143	-123	-91	-102	-88	-59	-47	-46	-57	-84
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	-250	-192	-175	-168	-152	-143	-123	-91	-102	-88	-59	-47	-46	-57	-84
Total Noncurrent Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Liabilities	779	743	749	728	707	681	694	697	703	776	812	827	755	776	837
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	8	9	9	9	9	9	8	8	8	8	7	7	7	7	8
+ Common Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	8	9	9	9	9	9	8	8	8	8	7	7	7	7	7
- Treasury Stock	2	2	2	3	4	4	3	3	3	3	4	4	6	7	8
+ Retained Earnings	51	53	55	57	58	61	63	67	71	75	78	82	86	86	91
+ Other Equity	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Equity Before Minority Interest	57	60	62	63	64	66	69	72	76	79	81	85	87	87	91
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	57	60	62	63	64	66	69	72	76	79	81	85	87	87	91
Total Liabilities & Equity	836	803	810	791	770	747	763	769	779	855	893	912	842	863	928
Shares Outstanding	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt	228	169	193	206	170	129	128	100	90	-6	-128	-74	87	92	147
Net Debt to Equity	398.75	282.74	313.11	326.53	266.7	196.61	185.96	139.81	117.82	-7.1	-158.9	-87.1	100.21	106.48	161.96
Tangible Common Equity Ratio	6.83	7.44	7.6	7.98	8.29	8.79	9.03	9.34	9.78	9.2	9.04	9.3	10.35	10.04	9.76
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	09/30/2011	09/30/2012	09/30/2013	09/30/2014	09/30/2015	09/30/2016	09/30/2017	09/30/2018	09/30/2019	09/30/2020	09/30/2021	09/30/2022	09/30/2023	09/30/2024	09/30/2025

+ Net Income	5	5	5	5	5	5	6	7	8	7	7	9	12	9	10
+ Depreciation & Amortization	1	1	1	1	1	1	1	1	1	1	1	1	- -	1	1
+ Non-Cash Items	- -	-3	6	1	1	- -	- -	1	- -	- -	1	1	- -	- -	- -
+ Stock-Based Compensation	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Income Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	- -	-3	6	- -	- -	- -	- -	- -	- -	- -	1	- -	- -	- -	- -
+ Chg in Non-Cash Work Cap	2	3	1	2	- -	-1	2	-2	-1	- -	1	1	-1	-1	- -
+ (Inc) Dec in Accts Receiv	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	- -	- -	- -	- -
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	1	-1	2	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	- -	4	-2	1	- -	-1	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Other	- -	- -	- -	- -	- -	- -	2	-2	-1	- -	- -	1	-1	-1	1
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	8	5	12	8	6	5	9	7	8	9	9	11	12	8	10
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	- -	- -	- -	- -	- -	- -	-1	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	-1	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	-1	-1	-2	-1	- -	-1	-1	-1	-1	-1	-2	-2	-1
+ Increase in Capital Stock	- -	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	- -	-2	-1	-1	-2	-1	- -	-1	-1	-1	-1	-1	-2	-2	-1
+ Net Change in LT Investment	27	12	-43	46	36	53	13	25	-10	23	-11	-73	19	25	-34
+ Dec in LT Investment	232	276	183	82	100	122	81	44	69	112	104	156	63	25	24
+ Inc in LT Investment	-205	-264	-226	-37	-65	-69	-67	-19	-79	-89	-115	-229	-44	- -	-58
+ Net Cash From Acq & Div	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	-5	26	18	-30	-13	-22	-43	-32	12	-2	61	-17	-74	-46	-31
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	22	38	-25	15	22	30	-30	-8	2	21	50	-90	-55	-21	-66
+ Dividends Paid	-2	-2	-3	-3	-3	-3	-3	-3	-4	-4	-4	-4	-9	-9	-5
+ Net Cash From Debt	-22	-58	-18	-6	-16	-9	-15	-28	11	-14	-32	-16	36	11	27
+ Cash From Debt	- -	2	- -	20	- -	12	32	49	12	- -	- -	- -	72	27	60
+ Repayments of Debt	-22	-60	-18	-26	-16	-21	-47	-77	-1	-14	-32	-16	-36	-16	-33
+ Other Financing Activities	-4	18	26	-15	-5	-14	26	34	-4	84	69	30	-107	12	33
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-27	-42	4	-25	-26	-28	8	- -	3	65	31	9	-82	12	55
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	2	1	-8	-3	3	8	-14	-1	13	94	91	-70	-125	-1	-1
EBITDA	1	1	1	1	1	1	1	1	1	1	1	1	- -	1	1
EBITDA Margin (%)	2.86	2.83	2.87	2.69	2.52	2.48	2.58	2.8	2.61	2.75	2.63	2.27	1.45	1.86	1.78
Free Cash Flow	7	5	12	7	6	5	8	6	8	8	9	11	11	8	9
Net Cash Paid for Acquisitions	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow to Firm	7	5	12	7	6	5	8	6	8	8	9	11	11	8	9
Free Cash Flow to Equity	-15	-53	-6	1	-10	-4	-7	-22	19	-6	-23	-5	48	19	37
Free Cash Flow per Basic Share	1.94	1.28	3.24	1.94	1.52	1.31	2.04	1.64	2.09	2.22	2.42	2.94	3.1	2.12	2.62
Price/Free Cash Flow	6.46	12.21	5.64	8.05	10.94	11.98	9.13	13.03	10.14	9.31	10.42	8.59	6.82	9.5	8.64
Cash Flow to Net Income	1.42	0.98	2.59	1.55	1.23	0.97	1.51	0.93	1.01	1.22	1.26	1.26	0.97	0.91	1.04
Capital Expenditures	- -	- -	- -	- -	- -	- -	-1	- -	- -	- -	- -	- -	- -	- -	- -