Simulations Plus, Inc.

SLP

SLPSimulations Plus, Inc. US flag

NASDAQ Global Select

18.23

USD

- -

368.70MMarket 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	08/31/2011	08/31/2012	08/31/2013	08/31/2014	08/31/2015	08/31/2016	08/31/2017	08/31/2018	08/31/2019	08/31/2020	08/31/2021	08/31/2022	08/31/2023	08/31/2024	08/31/2025

Sales/Revenue/Turnover	9	9	10	11	18	20	24	30	34	42	46	54	60	70	79
+ Sales & Services Revenue	9	9	10	11	18	20	24	30	34	42	46	54	60	70	79
- Cost of Revenue	2	2	2	2	4	5	6	8	9	11	11	11	12	27	33
+ Cost of Goods & Services	2	2	2	2	4	5	6	8	9	11	11	11	12	27	33
Gross Profit	7	8	8	10	14	15	18	22	25	31	36	43	48	43	46
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	4	4	4	5	8	8	10	11	14	19	25	28	39	37	40
+ Selling, General & Admin	3	3	4	4	7	7	8	10	12	16	21	25	34	31	33
+ Research & Development	- -	1	1	1	1	1	1	2	2	3	4	3	5	6	7
+ Other Operating Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	4	4	4	4	6	7	8	10	11	12	11	15	9	6	6
- Non-Operating (Income) Loss	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-2	-6	76
+ Interest Expense, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-1	-4	-4	-1
+ Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	4	4	1
+ Other Non-Op (Income) Loss	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	2	-2	77
Pretax Income	4	4	4	5	6	7	8	10	11	11	11	15	12	12	-69
- Income Tax Expense (Benefit)	1	1	1	1	2	2	2	1	2	2	1	3	2	2	-5
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	3	3	3	3	4	5	6	9	9	9	10	12	10	10	-65
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	3	3	3	3	4	5	6	9	9	9	10	12	10	10	-65
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	3	3	3	3	4	5	6	9	9	9	10	12	10	10	-65
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	3	3	3	3	4	5	6	9	9	9	10	12	10	10	-65
EBIT	4	4	4	4	6	7	8	10	11	12	11	15	9	6	6
EBITDA	4	4	5	5	8	9	10	13	13	15	15	18	13	12	15
EBITDA Margin (%)	48.3	45.8	48.05	47.79	42.84	45.88	43.08	43.88	39.44	35.03	31.94	34.29	21.93	16.85	18.57
EBITA	4	4	4	4	6	7	8	10	11	12	11	15	9	6	6
Gross Margin (%)	82.17	84.02	83.65	85.79	76.02	76.96	73.87	73.05	73.43	74.39	77.19	79.92	80.48	61.63	58.38
Operating Margin (%)	40.4	38.23	40.44	38.74	31.98	36.21	34.24	34.71	31.35	27.9	24.22	27.66	15.48	8.76	8.2
Profit Margin (%)	31.06	32.05	28.66	26.4	20.98	24.79	23.98	30.12	25.27	22.44	21.05	23.16	16.72	14.22	-81.74
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	0.15	0.25	0.19	0.2	0.2	0.2	0.24	0.24	0.24	0.24	0.24	0.24	0.24	- -
Depreciation Expense	1	1	1	1	2	2	2	3	3	3	4	4	4	6	8
Basic Weighted Avg Shares	16	16	16	16	17	17	17	17	17	18	20	20	20	20	20
Basic EPS, GAAP	0.17	0.19	0.18	0.19	0.23	0.29	0.34	0.52	0.49	0.52	0.49	0.62	0.5	0.5	-3.22
Basic EPS from Cont Ops	0.17	0.18	0.18	0.19	0.23	0.29	0.34	0.52	0.49	0.52	0.49	0.62	0.5	0.5	-3.22
Diluted Weighted Avg Shares	16	16	16	16	17	17	18	18	18	19	21	21	20	20	20
Diluted EPS, GAAP	0.17	0.19	0.18	0.18	0.23	0.29	0.33	0.5	0.48	0.5	0.47	0.6	0.49	0.49	-3.22
Diluted EPS from Cont Ops	0.17	0.17	0.18	0.18	0.23	0.29	0.33	0.5	0.48	0.5	0.47	0.6	0.49	0.49	-3.22

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	08/31/2011	08/31/2012	08/31/2013	08/31/2014	08/31/2015	08/31/2016	08/31/2017	08/31/2018	08/31/2019	08/31/2020	08/31/2021	08/31/2022	08/31/2023	08/31/2024	08/31/2025

Total Current Assets	13	15	13	12	12	13	13	18	21	129	139	147	130	39	52
+ Cash, Cash Equivalents & STI	10	13	10	9	9	8	6	9	11	116	124	128	115	20	32
+ Cash & Cash Equivalents	10	13	10	9	9	8	6	9	11	49	37	52	58	10	31
+ ST Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	67	87	77	58	10	2
+ Accounts & Notes Receiv	2	1	2	2	2	4	6	8	8	11	10	14	10	9	10
+ Accounts Receivable, Net	1	1	2	2	2	3	4	6	5	7	10	14	10	9	10
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	1	1	1	2	3	3	- -	- -	- -	- -	- -
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	1	- -	1	1	1	1	1	1	1	3	6	5	5	10	9
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	3	3	3	9	16	15	26	25	24	39	41	42	56	157	80
+ Property, Plant & Equip, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	3	2	2	2	1
+ Property, Plant & Equip	- -	- -	1	- -	1	1	1	1	1	3	4	3	3	2	2
- Accumulated Depreciation	- -	- -	- -	- -	- -	1	1	1	1	1	- -	1	1	1	1
+ LT Investments & Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	3	3	3	9	15	15	26	25	24	38	38	40	54	155	79
+ Total Intangible Assets	2	3	3	9	15	15	26	25	24	38	38	39	52	155	73
+ Goodwill	- -	- -	- -	- -	5	5	10	10	10	13	13	13	19	96	44
+ Other Intangible Assets	2	3	3	9	11	10	15	15	13	25	25	26	33	59	29
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2	1	6
Total Assets	16	17	16	21	27	28	39	43	45	168	180	188	186	197	132
+ Payables & Accruals	- -	1	1	1	3	2	1	4	4	5	7	1	4	5	2
+ Accounts Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	- -
+ Accrued Taxes	- -	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	- -	- -	1	3	2	1	4	3	4	7	1	4	4	1
+ ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Borrowings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	1	- -	- -	- -	- -	- -	1	1	1	- -	4	6	7	7	5
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	1	1	1	- -	1	3	3	2	3
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	3	3	4	5	2
Total Current Liabilities	1	1	1	1	4	2	2	5	5	6	12	8	12	12	7
+ LT Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	1	1	1	- -
+ LT Borrowings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	1	1	1	- -
+ Other LT Liabilities	1	1	1	4	4	3	11	7	3	6	2	1	3	2	- -
+ Accrued Liabilities	1	1	1	2	3	3	5	3	3	2	2	1	- -	2	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	- -	- -	- -	2	1	- -	6	3	- -	4	- -	- -	3	- -	- -
Total Noncurrent Liabilities	1	1	1	4	4	3	11	7	3	7	3	2	4	2	- -
Total Liabilities	2	2	2	6	8	5	13	11	8	12	14	10	16	14	7
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	4	5	5	6	10	11	12	13	15	129	267	139	145	152	159
+ Common Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	133	139	145	- -	- -
+ Additional Paid in Capital	4	5	5	6	10	11	12	13	15	129	133	- -	- -	152	159
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	10	11	9	9	10	11	14	18	22	27	32	40	25	30	-34
+ Other Equity	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Equity Before Minority Interest	14	15	14	15	20	23	26	32	38	156	166	178	170	182	125
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	14	15	14	15	20	23	26	32	38	156	166	178	170	182	125
Total Liabilities & Equity	16	17	16	21	27	28	39	43	45	168	180	188	186	197	132
Shares Outstanding	16	16	16	16	17	17	17	17	18	20	20	20	20	20	20
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	1	1	1	1	1
Net Debt	-10	-13	-10	-9	-9	-8	-6	-9	-11	-49	-37	-52	-58	-10	-31
Net Debt to Equity	-72.53	-83.88	-71.47	-55.81	-43.78	-35.32	-24.09	-29.45	-30.35	-31.54	-22.31	-28.93	-33.83	-5.65	-24.72
Tangible Common Equity Ratio	86.62	85.1	86.11	52.39	34.79	60.88	2.2	37.59	65.12	90.51	90.04	93.21	88.02	65.95	87.91
Current Ratio	11.63	10.36	20.71	8.29	3.19	5.98	6.2	3.69	4.42	23.45	12.04	18.98	10.88	3.26	7.67
Cash Conversion Cycle	107.91	40.29	25.08	26.64	18.78	29.47	43.27	45.3	45.4	45.11	55.14	69.71	67.69	45.34	37.52

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	08/31/2011	08/31/2012	08/31/2013	08/31/2014	08/31/2015	08/31/2016	08/31/2017	08/31/2018	08/31/2019	08/31/2020	08/31/2021	08/31/2022	08/31/2023	08/31/2024	08/31/2025

+ Net Income	- -	3	3	3	4	5	6	9	9	9	10	12	10	10	-65
+ Depreciation & Amortization	1	1	1	1	2	2	2	3	3	3	4	4	4	6	8
+ Non-Cash Items	3	- -	- -	1	- -	- -	- -	-1	1	1	5	4	3	2	77
+ Stock-Based Compensation	- -	- -	- -	- -	- -	- -	1	1	1	2	3	3	5	7	6
+ Deferred Income Taxes	- -	- -	- -	1	- -	- -	- -	-2	- -	- -	-1	- -	-2	-2	-5
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	77
+ Other Non-Cash Adj	3	- -	- -	- -	- -	- -	- -	- -	- -	- -	3	2	- -	-3	-1
+ Chg in Non-Cash Work Cap	-1	1	-2	- -	1	-2	-2	-1	-1	-3	1	-3	5	-4	-3
+ (Inc) Dec in Accts Receiv	- -	- -	-1	- -	1	-1	-2	-2	-1	-2	-2	-4	4	3	-1
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	1	-1	- -	- -	-1	- -	- -	1	- -	-4	1
+ Inc (Dec) in Accts Payable	- -	1	-1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Other	- -	- -	- -	- -	- -	- -	- -	- -	- -	-1	4	1	1	-3	-2
+ Net Cash From Disc Ops	- -	-1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	3	4	3	5	7	5	7	9	12	11	19	18	22	13	18
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-1	- -	- -	-3	- -	-1	- -	- -	- -	- -	-2	-1	-1	-1	-1
+ Acq of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-2	-1	- -	-1	-1
+ Acq of Intangible Assets	-1	- -	- -	-2	- -	-1	- -	- -	- -	- -	- -	- -	-1	-1	- -
+ Cash (Repurchase) of Equity	-2	- -	- -	- -	- -	- -	- -	- -	- -	108	- -	- -	-20	- -	- -
+ Increase in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	108	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	-2	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-20	- -	- -
+ Net Change in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	-67	-22	8	20	49	9
+ Dec in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	100	109	115	116	15
+ Inc in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	-67	-122	-101	-95	-67	-6
+ Net Cash From Acq & Div	- -	2	- -	- -	-2	-1	-3	- -	- -	-6	- -	- -	-8	-99	- -
+ Cash from Divestitures	- -	2	- -	- -	- -	- -	2	- -	- -	4	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	- -	-2	-1	-5	- -	- -	-9	- -	- -	-8	-99	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	-1	-1	-1	-1	- -	-1	-2	-2	-2	-3	-3	-3	-3	-4
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-1	1	-1	-4	-3	-2	-4	-2	-2	-76	-27	4	7	-54	4
+ Dividends Paid	- -	-2	-4	-3	-3	-3	-3	-4	-4	-4	-5	-5	-5	-5	- -
+ Net Cash From Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash From Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Repayments of Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Financing Activities	- -	- -	- -	- -	-1	-1	-1	- -	-3	-1	- -	-3	2	-2	-1
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-2	-2	-4	-3	-4	-4	-4	-4	-8	102	-5	-8	-23	-7	-1
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	1	3	-3	-2	- -	-1	-2	3	2	38	-12	15	6	-47	21
EBITDA	4	4	5	5	8	9	10	13	13	15	15	18	13	12	15
EBITDA Margin (%)	48.3	45.8	48.05	47.79	42.84	45.88	43.08	43.88	39.44	35.03	31.94	34.29	21.93	16.85	18.57
Free Cash Flow	3	4	3	3	7	4	7	9	11	11	18	17	21	12	17
Net Cash Paid for Acquisitions	- -	-2	- -	- -	2	1	3	- -	- -	6	- -	- -	8	99	- -
Free Cash Flow to Firm	3	4	3	3	7	4	7	9	11	11	18	17	21	12	- -
Free Cash Flow to Equity	3	4	3	5	7	5	7	9	11	11	18	17	21	13	17
Free Cash Flow per Basic Share	0.17	0.23	0.16	0.17	0.42	0.25	0.39	0.53	0.65	0.6	0.88	0.85	1.04	0.61	0.85
Price/Free Cash Flow	12.04	18.16	29.83	14.08	15.95	22.31	36.01	39.32	55.14	99.12	44.11	66.56	39.74	51.01	14.82
Cash Flow to Net Income	1.29	1.25	0.89	1.75	1.86	1.09	1.19	1.04	1.36	1.17	1.96	1.43	2.19	1.34	-0.28
Capital Expenditures	-1	- -	- -	-3	- -	-1	- -	- -	- -	- -	-2	-1	-1	-1	-1