M&T Bank Corporation

MTB-PJ

MTB-PJM&T Bank Corporation US flag

New York Stock Exchange

26.07

USD

+0.10

- -

4.02BMarket 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	3,997	4,287	4,555	4,456	4,668	5,296	5,632	5,928	6,192	5,955	5,962	8,013	9,398	9,231	9,632
+ Sales & Services Revenue	3,997	4,287	4,555	4,456	4,668	5,296	5,632	5,928	6,192	5,955	5,962	8,013	9,398	9,231	9,632
- Cost of Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cost of Goods & Services	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Profit	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Selling, General & Admin	1,304	1,416	1,425	1,508	1,661	1,810	1,820	1,906	2,036	2,066	2,180	2,967	3,420	3,378	3,494
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	-1,304	-1,416	-1,425	-1,508	-1,661	-1,810	-1,820	-1,906	-2,036	-2,066	-2,180	-2,967	-3,420	-3,378	-3,494
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Non-Operating (Income) Loss	-1,225	-1,553	-1,766	-1,642	-1,675	-2,058	-2,324	-2,508	-2,547	-1,770	-2,455	-2,612	-3,619	-3,310	-3,692
+ Interest Expense, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	-1,225	-1,553	-1,766	-1,642	-1,675	-2,058	-2,324	-2,508	-2,547	-1,770	-2,455	-2,612	-3,619	-3,310	-3,692
Pretax Income	1,225	1,553	1,766	1,642	1,675	2,058	2,324	2,508	2,547	1,770	2,455	2,612	3,619	3,310	3,692
- Income Tax Expense (Benefit)	365	523	627	576	595	743	916	590	618	416	596	620	878	722	841
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	859	1,029	1,138	1,066	1,080	1,315	1,408	1,918	1,929	1,353	1,859	1,992	2,741	2,588	2,851
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	859	1,029	1,138	1,066	1,080	1,315	1,408	1,918	1,929	1,353	1,859	1,992	2,741	2,588	2,851
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	859	1,029	1,138	1,066	1,080	1,315	1,408	1,918	1,929	1,353	1,859	1,992	2,741	2,588	2,851
- Preferred Dividends	46	53	54	76	81	81	73	73	69	68	73	97	100	134	146
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	814	976	1,084	990	998	1,234	1,336	1,846	1,860	1,285	1,786	1,895	2,641	2,454	2,705
EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA	198	205	204	199	175	201	197	179	301	320	324	435	497	508	498
EBITDA Margin (%)	4.95	4.77	4.47	4.46	3.76	3.79	3.5	3.02	4.87	5.38	5.43	5.43	5.29	5.5	5.17
EBITA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100	100	100	100	100	100
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Profit Margin (%)	21.5	24.01	25	23.93	23.13	24.83	25	32.35	31.16	22.72	31.18	24.86	29.17	28.04	29.6
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Depreciation Expense	198	205	204	199	175	201	197	179	301	320	324	435	497	508	498
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	7,833	6,853	7,756	16,918	21,205	19,653	17,396	18,393	14,942	30,039	47,166	37,225	40,240	39,631	39,120
+ Cash & Cash Equivalents	1,605	2,114	3,224	7,761	8,962	6,321	6,500	9,711	8,623	25,217	43,210	26,476	29,800	20,782	18,769
+ ST Investments	6,229	4,739	4,532	9,157	12,243	13,332	10,896	8,683	6,319	4,823	3,956	10,749	10,440	18,849	20,351
+ Accounts & Notes Receiv	1,533	1,473	1,399	1,337	1,353	1,420	1,426	1,407	1,412	1,247	1,097	2,582	2,814	- -	- -
+ Accounts Receivable, Net	4,612	4,449	5,282	5,618	5,962	5,323	5,013	4,774	5,644	6,702	7,507	8,930	9,171	- -	- -
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	-3,079	-2,976	-3,883	-4,280	-4,608	-3,904	-3,588	-3,367	-4,232	-5,455	-6,410	-6,348	-6,357	- -	- -
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	-9,366	-8,326	-9,155	-18,255	-22,558	-21,073	-18,822	-19,800	-16,354	-31,286	-48,262	-39,807	-43,054	-39,631	-39,120
+ 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	581	595	634	613	667	675	646	647	1,141	1,162	1,145	1,654	1,739	1,705	1,629
+ Property, Plant & Equip	1,096	1,161	1,262	1,314	1,407	1,437	1,487	1,492	2,032	2,139	2,172	2,810	2,959	3,031	2,986
- Accumulated Depreciation	515	566	628	701	740	762	841	844	891	978	1,027	1,156	1,220	1,326	1,357
+ LT Investments & Receivables	8,235	6,563	9,173	13,302	15,930	16,574	14,797	12,878	9,967	8,114	7,206	25,329	27,003	34,152	36,746
+ LT Investments	8,235	6,563	9,173	13,302	15,930	16,574	14,797	12,878	9,967	8,114	7,206	25,329	27,003	34,152	36,746
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	-8,816	-7,158	-9,806	-13,915	-16,597	-17,250	-15,444	-13,526	-11,108	-9,276	-8,350	-26,983	-28,742	-35,857	-38,375
+ Total Intangible Assets	3,701	3,640	3,593	3,560	4,733	4,691	4,665	4,640	4,622	4,607	4,597	8,699	8,612	8,559	8,529
+ Goodwill	3,525	3,525	3,525	3,525	4,593	4,593	4,593	4,593	4,593	4,593	4,593	8,490	8,465	8,465	8,465
+ Other Intangible Assets	176	116	69	35	140	98	72	47	29	14	4	209	147	94	64
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	-12,517	-10,798	-13,400	-17,474	-21,330	-21,940	-20,109	-18,166	-15,730	-13,883	-12,947	-35,682	-37,354	-44,416	-46,904
Total Assets	77,924	83,009	85,162	96,686	122,788	123,449	118,593	120,097	119,873	142,601	155,107	200,730	208,264	208,105	213,510
+ Payables & Accruals	1,790	1,513	1,369	1,568	1,871	1,811	1,594	1,637	2,337	2,166	2,128	4,377	4,516	- -	- -
+ Accounts Payable	1,790	1,513	1,369	1,568	1,871	1,811	1,594	1,637	2,337	2,166	2,128	4,377	4,516	- -	- -
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Debt	50	- -	- -	- -	1,982	163	175	4,200	- -	- -	- -	3,200	5,000	1,000	2,100
+ ST Borrowings	50	- -	- -	- -	1,982	163	175	4,200	- -	- -	- -	3,200	5,000	1,000	2,100
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	-1,840	-1,513	-1,369	-1,568	-3,852	-1,975	-1,769	-5,837	-2,337	-2,166	-2,128	-7,577	-9,516	-1,000	-2,100
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	-1,840	-1,513	-1,369	-1,568	-3,852	-1,975	-1,769	-5,837	-2,337	-2,166	-2,128	-7,577	-9,516	-1,000	-2,100
Total Current Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Debt	5,286	3,208	3,709	7,607	8,755	8,409	7,720	8,036	6,885	4,382	3,485	3,965	8,201	12,605	10,911
+ LT Borrowings	5,286	3,208	3,709	7,607	8,755	8,409	7,720	8,036	6,885	4,382	3,485	3,965	8,201	12,605	10,911
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Liabilities	-5,286	-3,208	-3,709	-7,607	-8,755	-8,409	-7,720	-8,036	-6,885	-4,382	-3,485	-3,965	-8,201	-12,605	-10,911
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	-5,286	-3,208	-3,709	-7,607	-8,755	-8,409	-7,720	-8,036	-6,885	-4,382	-3,485	-3,965	-8,201	-12,605	-10,911
Total Noncurrent Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Liabilities	68,653	72,806	73,857	84,350	106,615	106,963	102,343	104,637	104,156	126,414	137,204	175,412	181,307	179,078	184,333
+ Preferred Equity and Hybrid Capital	865	872	882	1,232	1,232	1,232	1,232	1,232	1,250	1,250	1,750	2,011	2,011	2,394	2,834
+ Share Capital & APIC	2,896	3,093	3,300	3,478	6,763	6,759	6,673	6,661	6,675	6,699	6,716	10,093	10,111	10,089	10,101
+ Common Stock	67	68	68	69	82	82	82	82	81	81	81	91	91	90	90
+ Additional Paid in Capital	2,829	3,026	3,232	3,410	6,681	6,677	6,591	6,579	6,594	6,617	6,635	10,002	10,020	9,999	10,011
- Treasury Stock	- -	- -	- -	- -	- -	432	1,454	3,529	4,823	5,143	5,082	1,750	2,230	2,371	4,917
+ Retained Earnings	5,867	6,477	7,188	7,807	8,431	9,222	10,165	11,517	12,821	13,444	14,646	15,754	17,524	19,079	20,882
+ Other Equity	-356	-240	-64	-181	-252	-295	-364	-420	-207	-63	-128	-790	-459	-164	277
Equity Before Minority Interest	9,271	10,203	11,306	12,336	16,173	16,487	16,251	15,460	15,717	16,187	17,903	25,318	26,957	29,027	29,177
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	9,271	10,203	11,306	12,336	16,173	16,487	16,251	15,460	15,717	16,187	17,903	25,318	26,957	29,027	29,177
Total Liabilities & Equity	77,924	83,009	85,162	96,686	122,788	123,449	118,593	120,097	119,873	142,601	155,107	200,730	208,264	208,105	213,510
Shares Outstanding	125	128	131	132	160	156	150	139	131	128	129	169	166	166	152
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt	3,732	1,094	484	-154	1,774	2,251	1,395	2,525	-1,738	-20,834	-39,725	-19,311	-16,599	-7,177	-5,758
Net Debt to Equity	40.25	10.72	4.28	-1.25	10.97	13.66	8.58	16.33	-11.06	-128.71	-221.88	-76.27	-61.58	-24.73	-19.73
Tangible Common Equity Ratio	6.34	7.17	8.37	8.1	8.65	8.9	9.09	8.3	8.54	7.49	7.68	7.61	8.18	9.06	8.69
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	859	1,029	1,138	1,066	1,080	1,315	1,408	1,918	1,929	1,353	1,859	1,992	2,741	2,588	2,851
+ Depreciation & Amortization	198	205	204	199	175	201	197	179	301	320	324	435	497	508	498
+ Non-Cash Items	287	393	215	217	508	322	531	149	273	770	10	342	303	593	418
+ Stock-Based Compensation	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Income Taxes	34	132	140	93	397	174	401	16	58	-31	87	-30	-97	-27	-18
+ Asset Impairment Charge	171	64	18	7	9	21	15	25	8	21	8	8	4	40	18
+ Other Non-Cash Adj	83	197	57	117	102	127	115	108	208	781	-85	364	396	580	418
+ Chg in Non-Cash Work Cap	428	-1,127	-625	-383	-20	-654	646	-156	-146	-1,655	522	1,805	364	-79	-764
+ (Inc) Dec in Accts Receiv	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Other	428	-1,127	-625	-383	-20	-654	646	-156	-146	-1,655	522	1,805	364	-79	-764
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	1,772	500	932	1,099	1,742	1,183	2,782	2,090	2,358	789	2,715	4,574	3,905	3,610	3,003
+ 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	- -	- -	- -	- -	- -	-641	-1,206	-2,194	-1,350	-374	- -	-1,800	-594	-396	-2,631
+ Increase in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	-641	-1,206	-2,194	-1,350	-374	- -	-1,800	-594	-396	-2,631
+ Net Change in LT Investment	71	1,715	233	-3,931	5,151	-703	1,563	1,835	3,451	2,545	-243	-7,015	-1,572	-6,936	-2,179
+ Dec in LT Investment	3,622	2,042	2,417	1,491	8,894	3,077	3,372	3,127	4,954	2,593	2,067	2,553	2,927	8,007	6,848
+ Inc in LT Investment	-3,551	-327	-2,184	-5,422	-3,743	-3,779	-1,809	-1,292	-1,503	-49	-2,310	-9,568	-4,499	-14,943	-9,027
+ Net Cash From Acq & Div	-151	- -	- -	- -	-1,933	- -	- -	- -	- -	- -	- -	394	- -	- -	- -
+ Cash from Divestitures	179	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	394	- -	- -	- -
+ Cash for Acq of Subs	-330	- -	- -	- -	-1,933	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	449	-5,776	-2,437	-7,779	4,496	-18	1,832	-3,245	-2,724	-24,565	-13,388	23,213	-3,192	-2,810	-4,637
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	369	-4,061	-2,204	-11,710	7,714	-721	3,395	-1,410	727	-22,020	-13,631	16,592	-4,764	-9,746	-6,816
+ Dividends Paid	-398	-411	-419	-441	-456	-523	-530	-583	-620	-636	-648	-881	-968	-1,033	-1,045
+ Net Cash From Debt	-2,123	-2,080	539	3,919	-7,412	-1,120	-1,287	314	-1,553	-2,665	-843	92	4,211	4,488	-1,847
+ Cash From Debt	- -	- -	800	4,345	1,500	- -	2,146	1,773	- -	- -	10	999	5,035	5,497	3,533
+ Repayments of Debt	-2,123	-2,080	-261	-426	-8,912	-1,120	-3,433	-1,459	-1,553	-2,665	-853	-907	-824	-1,009	-5,380
+ Other Financing Activities	899	6,586	838	6,834	-1,593	1,774	-3,053	1,968	269	25,023	12,192	-18,395	1,531	-5,941	7,323
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-1,623	4,095	958	10,312	-9,462	-510	-6,077	-495	-3,254	21,348	10,701	-20,984	4,180	-2,882	1,800
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	519	534	-314	-300	-5	-47	100	185	-169	116	-215	182	3,321	-9,018	-2,013
EBITDA	198	205	204	199	175	201	197	179	301	320	324	435	497	508	498
EBITDA Margin (%)	4.95	4.77	4.47	4.46	3.76	3.79	3.5	3.02	4.87	5.38	5.43	5.43	5.29	5.5	5.17
Free Cash Flow	1,772	500	932	1,099	1,742	1,183	2,782	2,090	2,358	789	2,715	4,574	3,905	3,610	3,003
Net Cash Paid for Acquisitions	151	- -	- -	- -	1,933	- -	- -	- -	- -	- -	- -	-394	- -	- -	- -
Free Cash Flow to Firm	1,772	500	932	1,099	1,742	1,183	2,782	2,090	2,358	789	2,715	4,574	3,905	3,610	3,003
Free Cash Flow to Equity	-273	-1,626	1,426	5,292	-5,751	-18	1,422	2,331	753	-1,944	2,299	4,830	8,016	8,347	1,450
Free Cash Flow per Basic Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow to Net Income	2.06	0.49	0.82	1.03	1.61	0.9	1.98	1.09	1.22	0.58	1.46	2.3	1.42	1.39	1.05
Capital Expenditures	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -