JPMorgan Chase & Co.

JPM-PJ

JPM-PJJPMorgan Chase & Co. US flag

New York Stock Exchange

19.15

USD

-0.10

- -

51.31BMarket Cap

Income Statement (USD)

API Chat

	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
Sales/Revenue/Turnover	97,234	97,031	97,367	95,112	93,543	96,569	100,705	108,783	115,720	119,883	121,685	127,727	154,952	169,439	181,847
+ Sales & Services Revenue	97,234	97,031	97,367	95,112	93,543	96,569	100,705	108,783	115,720	119,883	121,685	127,727	154,952	169,439	181,847
- Cost of Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cost of Goods & Services	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Profit	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Selling, General & Admin	32,180	33,162	33,310	32,710	32,458	33,100	34,108	36,161	37,506	37,464	41,603	45,547	51,056	56,331	60,018
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	-32,180	-33,162	-33,310	-32,710	-32,458	-33,100	-34,108	-36,161	-37,506	-37,464	-41,603	-45,547	-51,056	-56,331	-60,018
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Non-Operating (Income) Loss	-26,749	-28,917	-26,675	-30,699	-30,702	-34,536	-35,900	-40,764	-44,866	-35,815	-59,562	-46,166	-61,612	-75,081	-72,595
+ Interest Expense, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	-26,749	-28,917	-26,675	-30,699	-30,702	-34,536	-35,900	-40,764	-44,866	-35,815	-59,562	-46,166	-61,612	-75,081	-72,595
Pretax Income	26,749	28,917	26,675	30,699	30,702	34,536	35,900	40,764	44,866	35,815	59,562	46,166	61,612	75,081	72,595
- Income Tax Expense (Benefit)	7,773	7,633	8,789	8,954	6,260	9,803	11,459	8,290	8,435	6,684	11,228	8,490	12,060	16,610	15,547
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	18,976	21,284	17,886	21,745	24,442	24,733	24,441	32,474	36,431	29,131	48,334	37,676	49,552	58,471	57,048
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	18,976	21,284	17,886	21,745	24,442	24,733	24,441	32,474	36,431	29,131	48,334	37,676	49,552	58,471	57,048
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	18,976	21,284	17,886	21,745	24,442	24,733	24,441	32,474	36,431	29,131	48,334	37,676	49,552	58,471	57,048
- Preferred Dividends	629	653	805	1,125	1,515	1,647	1,663	1,551	1,587	1,583	1,600	1,595	1,501	1,259	1,099
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	18,347	20,631	17,081	20,620	22,927	23,086	22,778	30,923	34,844	27,548	46,734	36,081	48,051	57,212	55,949
EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA	5,105	5,147	5,306	4,759	4,940	5,478	6,179	7,791	8,368	8,614	7,932	7,051	7,512	7,938	8,821
EBITDA Margin (%)	5.25	5.3	5.45	5	5.28	5.67	6.14	7.16	7.23	7.19	6.52	5.52	4.85	4.68	4.85
EBITA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100	100	100	100	100	100
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Profit Margin (%)	19.52	21.94	18.37	22.86	26.13	25.61	24.27	29.85	31.48	24.3	39.72	29.5	31.98	34.51	31.37
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Depreciation Expense	5,105	5,147	5,306	4,759	4,940	5,478	6,179	7,791	8,368	8,614	7,932	7,051	7,512	7,938	8,821
Basic Weighted Avg Shares	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS from Cont Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Weighted Avg Shares	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted EPS, GAAP	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted EPS from Cont Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Balance Sheet (USD)

API Chat

	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
Total Current Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash, Cash Equivalents & STI	509,662	546,682	685,799	811,060	602,259	628,526	633,529	509,187	604,005	883,560	1,031,091	763,933	816,636	866,007	842,801
+ Cash & Cash Equivalents	144,881	175,537	355,822	512,308	360,505	389,635	431,304	278,793	263,631	527,609	740,834	567,234	624,151	469,317	343,338
+ ST Investments	364,781	371,145	329,977	298,752	241,754	238,891	202,225	230,394	340,374	355,951	290,257	196,699	192,485	396,690	499,463
+ Accounts & Notes Receiv	61,478	60,933	65,160	70,079	46,605	52,330	67,729	73,200	72,861	90,503	102,570	125,189	107,363	101,223	111,599
+ Accounts Receivable, Net	61,478	60,933	65,160	70,079	46,605	52,330	67,729	73,200	72,861	90,503	102,570	125,189	107,363	101,223	111,599
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	-571,140	-607,615	-750,959	-881,139	-648,864	-680,856	-701,258	-582,387	-676,866	-974,063	-1,133,661	-889,122	-923,999	-967,230	-954,400
+ 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	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	27,734	30,157	32,223	36,244
+ Property, Plant & Equip	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	27,734	30,157	32,223	36,244
- Accumulated Depreciation	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Investments & Receivables	718,901	712,397	619,677	627,455	521,242	545,342	521,915	586,469	646,079	930,253	984,829	982,116	973,946	1,172,872	1,406,543
+ LT Investments	718,901	712,397	619,677	627,455	521,242	545,342	521,915	586,469	646,079	930,253	984,829	982,116	973,946	1,172,872	1,406,543
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	-718,901	-712,397	-619,677	-627,455	-521,242	-545,342	-521,915	-586,469	-646,079	-930,253	-984,829	-1,009,850	-1,004,103	-1,205,095	-1,442,787
+ Total Intangible Assets	58,618	58,024	59,313	56,275	54,948	54,246	54,392	54,349	53,341	53,428	56,691	60,859	64,381	64,560	64,458
+ Goodwill	48,188	48,175	48,081	47,647	47,325	47,288	47,507	47,471	47,823	49,248	50,315	51,662	52,634	52,565	52,731
+ Other Intangible Assets	10,430	9,849	11,232	8,628	7,623	6,958	6,885	6,878	5,518	4,180	6,376	9,197	11,747	11,995	11,727
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	-777,519	-770,421	-678,990	-683,730	-576,190	-599,588	-576,307	-640,818	-699,420	-983,681	-1,041,520	-1,070,709	-1,068,484	-1,269,655	-1,507,245
Total Assets	2,265,792	2,359,141	2,415,689	2,572,274	2,351,698	2,490,972	2,533,600	2,622,532	2,687,379	3,384,757	3,743,567	3,665,743	3,875,393	4,002,814	4,424,900
+ Payables & Accruals	277,872	265,896	251,805	205,583	160,422	235,974	222,260	232,679	247,715	294,208	303,071	339,982	317,954	305,933	347,123
+ Accounts Payable	202,895	195,240	194,491	134,467	107,632	109,842	102,727	114,794	118,375	140,291	169,172	188,692	161,960	153,153	186,658
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	74,977	70,656	57,314	71,116	52,790	126,132	119,533	117,885	129,340	153,917	133,899	151,290	155,994	152,780	160,465
+ ST Debt	73,539	55,367	57,848	66,344	15,562	34,443	51,802	69,276	40,920	45,208	53,594	44,027	44,712	52,893	66,012
+ ST Borrowings	73,539	55,367	57,848	66,344	15,562	34,443	51,802	69,276	40,920	45,208	53,594	44,027	44,712	52,893	66,012
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	-351,411	-321,263	-309,653	-271,927	-175,984	-270,417	-274,062	-301,955	-288,635	-339,416	-356,665	-384,009	-362,666	-358,826	-413,135
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	-351,411	-321,263	-309,653	-271,927	-175,984	-270,417	-274,062	-301,955	-288,635	-339,416	-356,665	-384,009	-362,666	-358,826	-413,135
Total Current Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Debt	256,775	275,660	295,883	306,601	309,756	295,245	284,080	282,031	291,498	281,685	301,005	295,865	391,825	401,418	433,970
+ LT Borrowings	256,775	275,660	295,883	306,601	309,756	295,245	284,080	282,031	291,498	281,685	301,005	295,865	391,825	401,418	433,970
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Liabilities	-256,775	-275,660	-295,883	-306,601	-309,756	-295,245	-284,080	-282,031	-291,498	-281,685	-301,005	-295,865	-391,825	-401,418	-433,970
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	-256,775	-275,660	-295,883	-306,601	-309,756	-295,245	-284,080	-282,031	-291,498	-281,685	-301,005	-295,865	-391,825	-401,418	-433,970
Total Noncurrent Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Liabilities	2,082,219	2,155,072	2,204,511	2,340,547	2,104,125	2,236,782	2,277,907	2,366,017	2,426,049	3,105,403	3,449,440	3,373,411	3,547,515	3,658,056	4,062,462
+ Preferred Equity and Hybrid Capital	7,800	9,058	11,158	20,063	26,068	26,068	26,068	26,068	26,993	30,063	34,838	27,404	27,404	20,050	20,045
+ Share Capital & APIC	99,707	98,709	97,933	97,375	96,605	95,732	94,684	93,267	92,627	92,499	92,520	93,149	94,233	95,016	95,219
+ Common Stock	4,105	4,105	4,105	4,105	4,105	4,105	4,105	4,105	4,105	4,105	4,105	4,105	4,105	4,105	4,105
+ Additional Paid in Capital	95,602	94,604	93,828	93,270	92,500	91,627	90,579	89,162	88,522	88,394	88,415	89,044	90,128	90,911	91,114
- Treasury Stock	13,155	12,002	14,847	17,856	21,691	28,854	42,595	60,494	83,049	88,184	105,415	107,336	116,217	134,018	164,591
+ Retained Earnings	88,315	104,223	115,756	129,977	146,420	162,440	177,676	199,202	223,211	236,990	272,268	296,456	332,901	376,166	416,055
+ Other Equity	944	4,102	1,199	2,189	192	-1,175	-119	-1,507	1,569	7,986	-84	-17,341	-10,443	-12,456	-4,290
Equity Before Minority Interest	183,573	204,069	211,178	231,727	247,573	254,190	255,693	256,515	261,330	279,354	294,127	292,332	327,878	344,758	362,438
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	183,573	204,069	211,178	231,727	247,573	254,190	255,693	256,515	261,330	279,354	294,127	292,332	327,878	344,758	362,438
Total Liabilities & Equity	2,265,792	2,359,141	2,415,689	2,572,274	2,351,698	2,490,972	2,533,600	2,622,532	2,687,379	3,384,757	3,743,567	3,665,743	3,875,393	4,002,814	4,424,900
Shares Outstanding	3,773	3,804	3,756	3,715	3,663	3,561	3,425	3,276	3,084	3,049	2,944	2,934	2,877	2,798	2,696
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt	185,433	155,490	-2,091	-139,363	-35,187	-59,947	-95,422	72,514	68,787	-200,716	-386,235	-227,342	-187,614	-15,006	156,644
Net Debt to Equity	101.01	76.19	-0.99	-60.14	-14.21	-23.58	-37.32	28.27	26.32	-71.85	-131.32	-77.77	-57.22	-4.35	43.22
Tangible Common Equity Ratio	5.31	5.95	5.97	6.18	7.25	7.14	7.07	6.86	6.87	5.88	5.5	5.66	6.2	6.61	6.37
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Cash Flow Statement (USD)

API Chat

	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
+ Net Income	18,976	21,284	17,886	21,745	24,442	24,733	24,441	32,474	36,431	29,131	48,334	37,676	49,552	58,471	57,048
+ Depreciation & Amortization	5,105	5,147	5,306	4,759	4,940	5,478	6,179	7,791	8,368	8,614	7,932	7,051	7,512	7,938	8,821
+ Non-Cash Items	18,037	513	5,425	13,810	3,077	9,073	16,183	-1,015	13,210	27,657	-14,083	29,706	12,078	5,799	5,150
+ Stock-Based Compensation	2,675	2,545	2,219	2,190	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Income Taxes	1,693	1,130	8,139	4,362	1,333	4,651	2,312	1,721	1,270	-3,573	3,748	-2,738	-4,534	2,004	5,611
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	13,669	-3,162	-4,933	7,258	1,744	4,422	13,871	-2,736	11,940	31,230	-17,831	32,444	16,612	3,795	-461
+ Chg in Non-Cash Work Cap	53,814	-1,865	79,336	-3,721	41,007	-17,400	-57,630	-23,636	-53,917	-145,312	35,901	32,686	-56,168	-114,220	-218,801
+ (Inc) Dec in Accts Receiv	8,655	1,732	-2,340	-3,637	22,664	-5,815	-15,868	-5,849	-78	-18,012	-12,401	-22,970	19,928	5,735	-11,514
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	35,203	-13,069	-5,750	6,058	-23,361	5,087	-16,508	14,630	-466	7,415	43,162	58,614	-25,388	-90	5,270
+ Inc (Dec) in Other	9,956	9,472	87,426	-6,142	41,704	-16,672	-25,254	-32,417	-53,373	-134,715	5,140	-2,958	-50,708	-119,865	-212,557
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	95,932	25,079	107,953	36,593	73,466	21,884	-10,827	15,614	4,092	-79,910	78,084	107,119	12,974	-42,012	-147,782
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	-8,863	-1,653	-4,789	-4,760	-5,616	-9,082	-15,410	-19,983	-24,001	-6,517	-18,408	-3,162	-9,824	-18,830	-31,591
+ Increase in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	-8,863	-1,653	-4,789	-4,760	-5,616	-9,082	-15,410	-19,983	-24,001	-6,517	-18,408	-3,162	-9,824	-18,830	-31,591
+ Net Change in LT Investment	-46,822	4,964	8,652	1,395	45,983	-3,342	43,223	-18,046	-129,772	-180,752	-96,821	12,467	95,594	-114,934	-80,704
+ Dec in LT Investment	155,487	194,594	163,132	133,244	122,991	120,760	150,881	86,413	125,804	228,793	263,720	172,401	215,234	242,487	233,500
+ Inc in LT Investment	-202,309	-189,630	-154,480	-131,849	-77,008	-124,102	-107,658	-104,459	-255,576	-409,545	-360,541	-159,934	-119,640	-357,421	-314,204
+ Net Cash From Acq & Div	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-9,920	-2,362	- -
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-9,920	-2,362	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	-123,930	-124,789	-159,153	-167,031	60,997	-85,860	-14,974	-181,374	77,713	-81,160	-32,523	-150,286	-18,031	-46,107	-184,861
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-170,752	-119,825	-150,501	-165,636	106,980	-89,202	28,249	-199,420	-52,059	-261,912	-129,344	-137,819	67,643	-163,403	-265,565
+ Dividends Paid	-3,895	-5,194	-6,056	-6,990	-7,873	-8,476	-8,993	-10,109	-12,343	-12,690	-12,858	-13,562	-13,463	-14,783	-16,625
+ Net Cash From Debt	-20,004	-887	25,833	22,482	-103,292	11,660	-26,808	-4,651	-8,525	-26,369	27,477	32,886	10,537	13,310	12,661
+ Cash From Debt	62,074	95,586	86,330	87,757	21,783	83,070	56,271	71,662	61,085	78,686	82,409	78,442	75,417	109,915	120,761
+ Repayments of Debt	-82,078	-96,473	-60,497	-65,275	-125,075	-71,410	-83,079	-76,313	-69,610	-105,055	-54,932	-45,556	-64,880	-96,605	-108,100
+ Other Financing Activities	140,468	95,441	13,336	107,496	-70,730	104,169	65,853	68,901	77,856	642,221	279,782	-142,419	-12,821	83,750	305,088
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	107,706	87,707	28,324	118,228	-187,511	98,271	14,642	34,158	32,987	596,645	275,993	-126,257	-25,571	63,447	269,533
Effect of Foreign Exchange Rates	-851	1,160	272	-1,125	-276	-1,482	8,086	-2,863	-182	9,155	-11,508	-16,643	1,871	-12,866	17,835
Net Changes in Cash	32,886	-7,039	-14,224	-10,815	-7,065	30,953	32,064	-149,648	-14,980	254,823	224,733	-156,957	55,046	-141,968	-143,814
EBITDA	5,105	5,147	5,306	4,759	4,940	5,478	6,179	7,791	8,368	8,614	7,932	7,051	7,512	7,938	8,821
EBITDA Margin (%)	5.25	5.3	5.45	5	5.28	5.67	6.14	7.16	7.23	7.19	6.52	5.52	4.85	4.68	4.85
Free Cash Flow	95,932	25,079	107,953	36,593	73,466	21,884	-10,827	15,614	4,092	-79,910	78,084	107,119	12,974	-42,012	-147,782
Net Cash Paid for Acquisitions	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	9,920	2,362	- -
Free Cash Flow to Firm	95,932	25,079	107,953	36,593	73,466	21,884	-10,827	15,614	4,092	-79,910	78,084	107,119	12,974	-42,012	-147,782
Free Cash Flow to Equity	75,299	24,797	135,081	66,855	-25,336	31,897	-39,298	9,412	-5,095	-104,792	108,736	130,976	22,010	-37,315	-136,225
Free Cash Flow per Basic Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow to Net Income	5.06	1.18	6.04	1.68	3.01	0.88	-0.44	0.48	0.11	-2.74	1.62	2.84	0.26	-0.72	-2.59
Capital Expenditures	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -