Prologis, Inc.

PLDGP

PLDGPPrologis, Inc. US flag

Other OTC

53.50

USD

+0.17

- -

40.91BMarket Cap

Income Statement (USD)

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	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	1,422	1,961	1,750	1,761	2,197	2,533	2,618	2,804	3,331	4,439	4,759	5,974	8,023	8,202	8,790
+ Sales & Services Revenue	1,422	1,961	1,750	1,761	2,197	2,533	2,618	2,804	3,331	4,439	4,759	5,974	8,023	8,202	8,790
- Cost of Revenue	404	555	541	546	653	697	725	758	919	1,170	1,248	1,509	2,010	2,057	2,235
+ Cost of Goods & Services	404	555	541	546	653	697	725	758	919	1,170	1,248	1,509	2,010	2,057	2,235
Gross Profit	1,018	1,405	1,209	1,215	1,544	1,836	1,893	2,047	2,412	3,269	3,511	4,465	6,013	6,144	6,555
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	762	979	905	895	1,164	1,167	1,122	1,200	1,420	1,867	1,894	2,184	2,929	3,046	3,141
+ Selling, General & Admin	195	228	229	229	217	222	231	239	267	275	293	331	390	419	469
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	566	751	676	666	947	945	891	961	1,153	1,592	1,600	1,853	2,538	2,628	2,672
Operating Income (Loss)	257	427	304	320	380	668	771	847	992	1,402	1,617	2,280	3,084	3,098	3,414
- Non-Operating (Income) Loss	530	529	-32	-394	-568	-679	-1,045	-1,039	-784	-345	-1,705	-1,410	-380	-1,017	-355
+ Interest Expense, Net	434	466	338	269	262	280	246	201	202	299	249	292	619	837	972
+ Interest Expense	446	488	365	295	288	288	260	216	227	300	250	292	619	837	972
- Interest Income	12	23	27	26	25	8	14	15	24	1	1	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	96	64	-370	-663	-831	-958	-1,291	-1,241	-987	-644	-1,955	-1,702	-998	-1,854	-1,327
Pretax Income	-273	-103	336	714	949	1,347	1,816	1,886	1,776	1,747	3,323	3,691	3,464	4,115	3,769
- Income Tax Expense (Benefit)	2	4	107	-26	23	55	55	63	75	130	174	135	211	167	204
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	-275	-106	230	739	926	1,293	1,761	1,823	1,702	1,617	3,149	3,555	3,253	3,948	3,565
- Net Extraordinary Losses (Gains)	-126	-57	-103	206	112	165	217	347	258	270	418	381	388	433	474
+ Discontinued Operations	117	76	124	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	-243	-133	-227	206	112	165	217	347	258	270	418	381	388	433	474
Income (Loss) Incl. MI	-149	-49	333	533	813	1,127	1,544	1,476	1,444	1,347	2,731	3,174	2,865	3,515	3,091
- Minority Interest	5	-9	-10	-103	-56	-83	-109	-174	-129	-135	-209	-191	-194	-216	-237
Net Income, GAAP	-153	-40	343	636	869	1,210	1,652	1,649	1,573	1,482	2,940	3,365	3,059	3,732	3,328
- Preferred Dividends	35	41	18	7	7	7	6	6	6	6	6	6	6	6	6
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	-188	-81	325	629	863	1,203	1,646	1,643	1,567	1,475	2,934	3,359	3,053	3,726	3,322
EBIT	257	427	304	320	380	668	771	847	992	1,402	1,617	2,280	3,084	3,098	3,414
EBITDA	860	1,194	968	962	1,261	1,599	1,650	1,794	2,132	2,964	3,195	4,093	5,569	5,679	6,040
EBITDA Margin (%)	60.52	60.9	55.32	54.65	57.37	63.14	63.03	63.98	64.01	66.77	67.14	68.52	69.41	69.24	68.72
EBITA	257	427	304	320	380	668	771	847	992	1,402	1,617	2,280	3,084	3,098	3,414
Gross Margin (%)	71.61	71.69	69.08	69.01	70.3	72.47	72.32	72.98	72.41	73.64	73.77	74.74	74.94	74.92	74.58
Operating Margin (%)	18.04	21.76	17.39	18.16	17.3	26.39	29.45	30.2	29.78	31.58	33.98	38.17	38.44	37.77	38.84
Profit Margin (%)	-10.79	-2.03	19.59	36.13	39.57	47.76	63.11	58.81	47.23	33.38	61.77	56.33	38.13	45.5	37.86
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Depreciation Expense	604	767	664	642	880	931	879	947	1,140	1,562	1,578	1,813	2,485	2,581	2,626
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)

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	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	1,385	913	1,073	736	1,202	1,523	1,130	1,314	2,161	2,188	1,973	1,687	1,795	2,423	2,436
+ Cash, Cash Equivalents & STI	176	101	491	351	264	807	447	344	1,089	598	556	278	530	1,319	1,146
+ Cash & Cash Equivalents	176	101	491	351	264	807	447	344	1,089	598	556	278	530	1,319	1,146
+ ST Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	602	505	441	236	452	274	239	240	242	380	593	638	554	624	838
+ Accounts Receivable, Net	148	171	108	103	90	111	85	107	86	189	424	378	326	407	601
+ Notes Receivable, Net	361	223	227	47	276	68	70	35	35	45	36	117	73	75	57
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	94	111	106	86	86	95	84	97	121	146	133	143	156	142	180
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	606	307	141	149	485	442	444	731	830	1,209	823	771	710	480	452
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	26,339	26,398	23,500	25,039	30,193	28,727	28,351	37,103	37,871	53,877	56,514	86,210	91,226	92,906	96,288
+ Property, Plant & Equip, Net	22,630	- -	- -	- -	- -	- -	- -	112	594	611	577	855	892	920	893
+ Property, Plant & Equip	24,788	- -	- -	- -	- -	- -	- -	112	594	611	577	855	892	920	893
- Accumulated Depreciation	2,158	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Investments & Receivables	2,858	2,196	4,430	4,825	4,756	4,230	5,496	5,745	6,237	7,602	8,611	9,699	9,544	10,079	11,094
+ LT Investments	2,858	2,196	4,430	4,825	4,756	4,230	5,496	5,745	6,237	7,602	8,611	9,699	9,544	10,079	11,094
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	852	24,202	19,069	20,214	25,438	24,496	22,854	31,246	31,039	45,665	47,325	75,656	80,790	81,906	84,301
+ Total Intangible Assets	- -	- -	- -	- -	434	268	202	451	314	727	553	1,183	1,011	765	588
+ Goodwill	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Intangible Assets	- -	- -	- -	- -	434	268	202	451	314	727	553	1,183	1,011	765	588
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	852	24,202	19,069	20,214	25,004	24,228	22,652	30,795	30,725	44,938	46,773	74,473	79,780	81,142	83,713
Total Assets	27,724	27,310	24,572	25,775	31,395	30,250	29,481	38,418	40,032	56,065	58,486	87,897	93,021	95,329	98,724
+ Payables & Accruals	1,282	1,106	806	727	804	641	770	831	781	1,254	1,345	1,827	1,919	1,940	2,136
+ Accounts Payable	639	612	564	628	713	556	703	761	705	1,143	1,253	1,712	1,766	1,769	1,964
+ Accrued Taxes	643	495	242	99	91	85	67	71	76	110	93	115	152	171	172
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Debt	937	889	725	- -	- -	35	317	50	184	172	491	1,538	979	225	45
+ ST Borrowings	937	889	725	- -	- -	35	317	50	184	172	491	1,538	979	225	45
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	188	183	104	91	107	112	87	109	160	184	197	334	391	477	501
+ Deferred Revenue	167	165	104	91	107	112	87	96	118	168	186	330	377	475	500
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	21	18	- -	- -	- -	- -	- -	13	42	16	11	5	14	2	1
Total Current Liabilities	2,407	2,179	1,635	818	911	788	1,174	991	1,125	1,610	2,034	3,700	3,289	2,642	2,681
+ LT Debt	10,446	10,902	8,286	9,337	11,627	10,573	9,095	11,039	12,193	17,164	17,672	22,976	28,619	31,270	35,636
+ LT Borrowings	10,446	10,902	8,286	9,337	11,627	10,573	9,095	11,039	11,722	16,677	17,224	22,338	28,021	30,654	34,992
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	472	487	448	639	598	615	643
+ Other LT Liabilities	416	456	475	437	436	431	506	586	642	967	1,038	3,358	3,289	2,800	2,653
+ Accrued Liabilities	167	165	104	91	107	112	87	96	118	168	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	248	291	371	345	329	319	419	490	524	799	1,038	3,358	3,289	2,800	2,653
Total Noncurrent Liabilities	10,861	11,358	8,761	9,774	12,063	11,004	9,601	11,626	12,835	18,131	18,710	26,335	31,908	34,070	38,289
Total Liabilities	13,268	13,537	10,396	10,591	12,974	11,792	10,775	12,617	13,960	19,740	20,744	30,034	35,197	36,712	40,970
+ Preferred Equity and Hybrid Capital	582	582	100	78	78	78	69	69	69	64	64	64	64	64	64
+ Share Capital & APIC	16,354	16,416	17,979	18,472	19,308	19,460	19,368	25,692	25,726	35,496	35,569	54,075	54,259	54,473	54,708
+ Common Stock	5	5	5	5	5	5	5	6	6	7	7	9	9	9	9
+ Additional Paid in Capital	16,349	16,412	17,975	18,467	19,302	19,455	19,363	25,686	25,719	35,489	35,562	54,065	54,250	54,464	54,699
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	-3,092	-3,696	-3,933	-3,974	-3,926	-3,610	-2,904	-2,378	-2,151	-2,395	-1,328	-458	-627	-466	-902
+ Other Equity	-182	-234	-436	-600	-791	-937	-902	-1,085	-990	-1,194	-878	-444	-514	-120	-676
Equity Before Minority Interest	13,662	13,069	13,711	13,976	14,668	14,991	15,631	22,298	22,653	31,972	33,427	53,237	53,182	53,951	53,193
+ Minority/Non Controlling Interest	794	704	465	1,208	3,753	3,467	3,075	3,503	3,419	4,353	4,315	4,626	4,642	4,666	4,561
Total Equity	14,455	13,773	14,176	15,184	18,421	18,458	18,706	25,801	26,072	36,325	37,742	57,863	57,824	58,617	57,754
Total Liabilities & Equity	27,724	27,310	24,572	25,775	31,395	30,250	29,481	38,418	40,032	56,065	58,486	87,897	93,021	95,329	98,724
Shares Outstanding	459	462	499	509	525	529	532	630	632	739	740	923	924	926	929
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	472	487	448	639	598	615	643
Net Debt	11,206	11,690	8,520	8,986	11,363	9,801	8,966	10,746	10,817	16,251	17,159	23,597	28,470	29,561	33,891
Net Debt to Equity	77.52	84.87	60.1	59.18	61.68	53.1	47.93	41.65	41.49	44.74	45.46	40.78	49.24	50.43	58.68
Tangible Common Equity Ratio	50.04	48.3	57.29	58.6	57.84	60.41	62.96	66.59	64.68	64.21	64.08	65.29	61.68	61.11	58.19
Current Ratio	0.58	0.42	0.66	0.9	1.32	1.93	0.96	1.33	1.92	1.36	0.97	0.46	0.55	0.92	0.91
Cash Conversion Cycle	-366.78	-381.7	-367.38	-376.72	-358.9	-317.62	-303.4	-339.95	-280.47	-276.97	-326.73	-334.02	-299.72	-297.31	-283.92

Cash Flow Statement (USD)

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	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	-220	-30	353	739	926	1,293	1,761	1,823	1,702	1,617	3,149	3,555	3,253	3,948	3,565
+ Depreciation & Amortization	604	767	664	642	880	931	879	947	1,140	1,562	1,578	1,813	2,485	2,581	2,626
+ Non-Cash Items	10	-89	-447	-429	-591	-742	-996	-884	-596	-223	-1,565	-1,216	-435	-1,490	-988
+ Stock-Based Compensation	29	32	49	57	54	60	77	76	98	110	113	175	268	232	185
+ Deferred Income Taxes	-20	-22	-20	-87	-5	-6	-5	1	12	1	1	13	18	21	4
+ Asset Impairment Charge	148	269	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	-147	-368	-476	-399	-640	-796	-1,067	-961	-706	-333	-1,679	-1,404	-720	-1,743	-1,177
+ Chg in Non-Cash Work Cap	-187	-184	-85	-58	-99	-65	43	-83	19	-19	-166	-26	70	-127	-195
+ (Inc) Dec in Accts Receiv	-40	-178	-5	-8	-103	-92	6	-113	-97	-113	-343	-64	-82	21	1
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	-147	-6	-80	-51	4	27	36	30	115	94	177	109	255	195	226
+ Inc (Dec) in Other	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-71	-103	-342	-422
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	207	463	485	894	1,116	1,417	1,687	1,804	2,264	2,937	2,996	4,126	5,373	4,912	5,008
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	1,644	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	1,644	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-1,026	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed Prod Assets	-1,026	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	1,156	31	1,506	378	90	39	33	7	6	-33	1	- -	- -	- -	- -
+ Increase in Capital Stock	1,156	31	1,506	378	90	39	33	7	6	2	1	- -	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	-35	- -	- -	- -	- -	- -
+ Net Change in LT Investment	77	- -	8	13	128	80	2	18	-7	-7	-13	56	35	13	-198
+ Dec in LT Investment	170	- -	9	31	129	80	8	29	24	2	3	59	37	16	5
+ Inc in LT Investment	-93	- -	-1	-18	-1	- -	-5	-12	-30	-9	-17	-3	-2	-3	-202
+ Net Cash From Acq & Div	-659	-238	-1,488	-1,263	-445	511	-415	200	113	-1,824	-740	-365	64	-482	-208
+ Cash from Divestitures	404	292	412	84	29	777	209	360	389	257	58	77	348	58	104
+ Cash for Acq of Subs	-1,063	-530	-1,900	-1,347	-474	-266	-624	-160	-276	-2,081	-798	-442	-284	-541	-312
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	-270	768	3,814	584	-4,472	662	956	-881	-792	-1,244	-1,237	-4,190	-6,518	-2,630	-3,225
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-233	530	2,334	-665	-4,789	1,252	543	-664	-685	-3,074	-1,990	-4,499	-6,419	-3,099	-3,630
+ Dividends Paid	-414	-568	-574	-672	-805	-893	-943	-1,123	-1,346	-1,723	-1,873	-2,495	-3,229	-3,570	-3,765
+ Net Cash From Debt	-608	-408	-2,517	-143	2,218	-898	-876	59	675	1,042	1,361	3,030	4,916	2,856	2,555
+ Cash From Debt	1,299	1,442	3,589	4,063	5,382	1,403	2,703	4,900	3,977	7,825	3,921	4,411	5,755	4,506	3,461
+ Repayments of Debt	-1,907	-1,851	-6,106	-4,206	-3,164	-2,302	-3,579	-4,841	-3,302	-6,782	-2,560	-1,381	-839	-1,650	-906
+ Other Financing Activities	29	-126	-781	86	2,093	-373	-821	-175	-175	341	-497	-419	-367	-286	-354
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	163	-1,072	-2,366	-351	3,596	-2,125	-2,607	-1,232	-840	-372	-1,008	116	1,320	-1,000	-1,564
Effect of Foreign Exchange Rates	1	3	-63	-19	-10	- -	16	-11	6	19	-40	-21	-22	-25	13
Net Changes in Cash	137	-78	453	-122	-77	544	-376	-92	739	-509	-2	-257	274	813	-186
EBITDA	860	1,194	968	962	1,261	1,599	1,650	1,794	2,132	2,964	3,195	4,093	5,569	5,679	6,040
EBITDA Margin (%)	60.52	60.9	55.32	54.65	57.37	63.14	63.03	63.98	64.01	66.77	67.14	68.52	69.41	69.24	68.72
Free Cash Flow	-819	463	485	894	1,116	1,417	1,687	1,804	2,264	2,937	2,996	4,126	5,373	4,912	5,008
Net Cash Paid for Acquisitions	659	238	1,488	1,263	445	-511	415	-200	-113	1,824	740	365	-64	482	208
Free Cash Flow to Firm	- -	- -	734	- -	1,397	1,693	1,939	2,012	2,481	3,215	3,233	4,408	5,954	5,716	5,928
Free Cash Flow to Equity	415	14	-2,532	722	3,327	512	796	1,857	2,933	3,968	4,351	7,150	10,283	7,763	7,558
Free Cash Flow per Basic Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow to Net Income	-1.35	-11.67	1.41	1.41	1.28	1.17	1.02	1.09	1.44	1.98	1.02	1.23	1.76	1.32	1.5
Capital Expenditures	-1,026	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -