United Bancorp, Inc.

UBCP

UBCPUnited Bancorp, Inc. US flag

NASDAQ Capital Market

15.43

USD

-0.09

- -

89.20MMarket 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	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Sales/Revenue/Turnover	19	18	18	18	18	19	19	22	25	30	28	28	30	29	32
+ Sales & Services Revenue	19	18	18	18	18	19	19	22	25	30	28	28	30	29	32
- Cost of Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cost of Goods & Services	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Profit	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Income	- -	-3	-3	-4	-5	-5	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Selling, General & Admin	7	8	8	8	7	8	8	9	10	10	11	11	12	12	13
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	-7	-8	-8	-8	-7	-8	-8	-9	-10	-10	-11	-11	-12	-12	-13
Operating Income (Loss)	- -	3	3	4	5	5	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Non-Operating (Income) Loss	-4	- -	- -	- -	- -	- -	-6	-5	-7	-9	-11	-10	-9	-7	-8
+ Interest Expense, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	-4	- -	- -	- -	- -	- -	-6	-5	-7	-9	-11	-10	-9	-7	-8
Pretax Income	4	3	3	4	5	5	6	5	7	9	11	10	9	7	8
- Income Tax Expense (Benefit)	1	1	- -	1	1	2	2	1	1	1	1	1	1	- -	- -
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	3	2	3	3	3	4	4	4	7	8	9	9	9	7	8
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	3	2	3	3	3	4	4	4	7	8	9	9	9	7	8
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	3	2	3	3	3	4	4	4	7	8	9	9	9	7	8
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	3	2	3	3	3	4	4	4	7	8	9	9	9	7	8
EBIT	- -	3	3	4	5	5	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA	1	4	4	5	6	6	1	1	1	1	1	1	1	1	1
EBITDA Margin (%)	5.94	23.18	22.49	26.51	31.67	32.33	4.78	4.67	4.8	4.38	4.65	4.08	3.84	4.2	4.15
EBITA	- -	3	3	4	5	5	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100	100	100	100	100	100
Operating Margin (%)	- -	16.79	16.32	20.3	25.91	27.84	- -	- -	- -	- -	- -	- -	- -	- -	- -
Profit Margin (%)	16.25	13.67	14.36	15.06	18.33	19.32	18.34	19.66	27.46	26.68	33.97	30.41	29.94	25.3	23.87
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	0.63	0.47	0.32	0.37	0.47	0.52	0.56	0.65	0.58	0.61	0.75	0.83	0.87	0.92	1
Depreciation Expense	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Basic Weighted Avg Shares	5	5	5	5	5	5	5	5	6	5	5	5	5	6	5
Basic EPS, GAAP	0.65	0.5	0.54	0.55	0.66	0.72	0.71	0.86	1.23	1.45	1.73	1.58	1.63	1.34	1.41
Basic EPS from Cont Ops	0.65	0.5	0.54	0.55	0.66	0.73	0.71	0.86	1.23	1.45	1.73	1.58	1.63	1.34	1.41
Diluted Weighted Avg Shares	5	5	5	5	5	5	5	5	6	5	5	5	5	6	5
Diluted EPS, GAAP	0.64	0.49	0.54	0.54	0.65	0.71	0.71	0.86	1.23	1.45	1.73	1.58	1.63	1.34	1.41
Diluted EPS from Cont Ops	0.64	0.49	0.54	0.54	0.65	0.71	0.71	0.86	1.23	1.45	1.73	1.58	1.63	1.34	1.41

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	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Current Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash, Cash Equivalents & STI	98	110	50	59	47	51	59	149	204	210	229	248	211	139	161
+ Cash & Cash Equivalents	16	75	23	39	13	12	14	25	15	52	83	30	41	20	47
+ ST Investments	82	35	27	19	35	40	45	124	189	158	146	218	170	119	115
+ Accounts & Notes Receiv	1	1	1	1	1	1	1	2	3	3	2	3	4	4	4
+ Accounts Receivable, Net	1	1	1	1	1	1	1	2	3	3	2	3	4	4	4
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	-99	-111	-51	-59	-48	-52	-60	-151	-206	-213	-232	-251	-215	-143	-165
+ 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	10	10	11	10	10	12	12	12	12	14	13	12	15	24	34
+ Property, Plant & Equip	25	26	27	28	29	31	32	33	35	37	37	39	41	51	62
- Accumulated Depreciation	15	16	17	18	19	19	20	21	22	23	24	26	26	27	28
+ LT Investments & Receivables	86	38	28	20	35	40	45	124	189	158	146	218	170	119	115
+ LT Investments	86	38	28	20	35	40	45	124	189	158	146	218	170	119	115
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	-96	-48	-38	-30	-45	-52	-57	-136	-201	-172	-159	-230	-185	-143	-149
+ Total Intangible Assets	- -	- -	- -	- -	- -	- -	- -	2	2	1	1	1	1	1	1
+ Goodwill	- -	- -	- -	- -	- -	- -	- -	- -	1	1	1	1	1	1	1
+ Other Intangible Assets	- -	- -	- -	- -	- -	- -	- -	2	1	1	1	- -	- -	- -	- -
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	-97	-48	-38	-30	-45	-52	-57	-138	-203	-173	-160	-231	-186	-144	-150
Total Assets	416	438	389	402	405	438	459	593	686	693	724	757	819	817	857
+ Payables & Accruals	4	4	3	3	4	3	4	5	6	7	7	6	- -	- -	- -
+ Accounts Payable	4	4	3	3	4	3	4	5	6	7	7	6	- -	- -	- -
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Debt	10	11	6	5	6	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Borrowings	10	11	6	5	6	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	-14	-15	-9	-8	-9	-3	-4	-5	-6	-7	-7	-6	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	-14	-15	-9	-8	-9	-3	-4	-5	-6	-7	-7	-6	- -	- -	- -
Total Current Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Debt	37	36	31	31	31	44	14	4	63	24	24	24	102	102	102
+ LT Borrowings	37	36	31	31	31	44	14	4	63	24	24	24	99	99	99
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3	3	3
+ Other LT Liabilities	-37	-36	-31	-31	-31	-44	-14	-4	-63	-24	-24	-24	-102	-102	-102
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	2	2	2	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	-37	-36	-31	-31	-31	-44	-14	-4	-65	-26	-25	-24	-102	-102	-102
Total Noncurrent Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Liabilities	379	402	350	361	364	395	415	543	626	625	653	698	756	753	787
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	23	23	23	23	24	23	23	28	29	29	30	31	32	33	33
+ Common Stock	5	5	5	5	5	5	5	6	6	6	6	6	6	6	6
+ Additional Paid in Capital	17	17	18	18	18	18	18	23	23	23	24	25	26	26	27
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	1	2	3	3	4
+ Retained Earnings	18	19	20	20	21	22	23	24	28	32	38	42	44	46	49
+ Other Equity	-1	-1	- -	- -	- -	- -	- -	- -	6	9	7	-9	-7	-10	-5
Equity Before Minority Interest	36	37	39	40	41	43	44	51	60	68	72	60	64	63	71
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	36	37	39	40	41	43	44	51	60	68	72	60	64	63	71
Total Liabilities & Equity	416	438	389	402	405	438	459	593	686	693	724	757	819	817	857
Shares Outstanding	5	5	5	5	5	5	5	6	6	6	6	6	6	6	6
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3	3	3
Net Debt	31	-28	13	-3	24	32	- -	-21	48	-28	-59	-6	58	79	52
Net Debt to Equity	86.34	-76.42	34.44	-7.98	56.98	76.07	-0.39	-41.51	80.7	-40.96	-82.75	-10.64	91.23	124.87	74.28
Tangible Common Equity Ratio	8.61	8.29	9.95	10.04	10.24	9.73	9.56	8.28	8.53	9.67	9.74	7.75	7.65	7.68	8.15
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	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

+ Net Income	3	2	3	3	3	4	4	4	7	8	9	9	9	7	8
+ Depreciation & Amortization	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
+ Non-Cash Items	2	1	2	1	1	1	1	1	2	1	-2	1	1	1	1
+ Stock-Based Compensation	- -	- -	- -	- -	- -	- -	- -	1	1	1	- -	1	1	1	- -
+ Deferred Income Taxes	- -	- -	- -	- -	- -	- -	1	- -	- -	-1	- -	- -	- -	-1	-1
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	2	1	1	1	1	- -	- -	1	1	1	-2	- -	- -	1	1
+ Chg in Non-Cash Work Cap	- -	1	2	-1	-1	-1	-1	-1	-1	-1	-1	-2	-1	-1	1
+ (Inc) Dec in Accts Receiv	- -	- -	- -	- -	- -	- -	- -	-1	-1	- -	1	-1	-1	- -	- -
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	- -	- -	- -	- -	1	- -	1	-1	1	1	- -	- -	- -	2	1
+ Inc (Dec) in Other	- -	- -	1	-1	-2	- -	-2	- -	-1	-2	-2	-1	-1	-3	-1
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	6	6	7	4	4	4	5	6	9	9	8	8	9	8	10
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-1	-2	-1	- -	-1	-2	-1	-1	-1	-3	-1	-1	-1	-10	-12
+ Acq of Fixed Prod Assets	-1	-2	-1	- -	-1	-2	-1	-1	-1	-3	-1	-1	-1	-10	-12
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	- -	- -	- -	- -	- -	- -	- -	-1	- -	-1	-1	-1	- -
+ Increase in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	-1	- -	-1	-1	-1	- -
+ Net Change in LT Investment	17	49	9	8	-15	-5	-5	-54	-57	39	9	-94	-24	-2	18
+ Dec in LT Investment	106	101	27	18	42	37	7	24	45	62	34	6	2	44	54
+ Inc in LT Investment	-89	-52	-18	-9	-57	-42	-12	-78	-103	-23	-24	-100	-26	-46	-36
+ Net Cash From Acq & Div	- -	- -	- -	- -	- -	- -	- -	23	- -	- -	- -	- -	- -	- -	- -
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	23	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	-6	-13	-15	-6	-14	-27	-12	-31	-37	-3	-10	-9	-24	-8	-11
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	10	34	-7	2	-30	-35	-18	-63	-96	34	-1	-103	-48	-19	-5
+ Dividends Paid	-3	-2	-2	-2	-2	-3	-3	-3	-3	-3	-4	-5	-5	-5	-5
+ Net Cash From Debt	- -	- -	-5	- -	- -	13	-30	-10	59	-40	- -	- -	75	- -	- -
+ Cash From Debt	- -	- -	- -	- -	- -	20	11	- -	59	- -	- -	- -	75	- -	- -
+ Repayments of Debt	- -	- -	-5	- -	- -	-6	-41	-10	- -	-40	- -	- -	- -	- -	- -
+ Other Financing Activities	-9	22	-45	11	2	19	49	81	21	37	29	47	-20	-4	27
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-12	20	-52	9	-1	30	16	68	77	-6	24	42	50	-10	21
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	5	59	-52	16	-26	-1	3	11	-10	37	31	-53	11	-21	27
EBITDA	1	4	4	5	6	6	1	1	1	1	1	1	1	1	1
EBITDA Margin (%)	5.94	23.18	22.49	26.51	31.67	32.33	4.78	4.67	4.8	4.38	4.65	4.08	3.84	4.2	4.15
Free Cash Flow	5	4	6	4	3	2	4	5	7	7	7	8	8	-1	-1
Net Cash Paid for Acquisitions	- -	- -	- -	- -	- -	- -	- -	-23	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow to Firm	5	4	6	4	3	2	4	5	7	7	7	8	8	- -	- -
Free Cash Flow to Equity	5	4	- -	4	3	15	-26	-5	66	-33	8	8	83	-1	-1
Free Cash Flow per Basic Share	1	0.85	1.22	0.8	0.61	0.39	0.76	1	1.32	1.25	1.35	1.45	1.53	-0.23	-0.24
Price/Free Cash Flow	5.25	4.26	4.61	8.85	8.47	10.53	12.34	8.66	7.94	6.07	10.17	8.98	6.69	3.97	3.54
Cash Flow to Net Income	2.02	2.33	2.75	1.58	1.33	1.17	1.29	1.34	1.27	1.18	0.87	0.98	1.06	1.14	1.35
Capital Expenditures	-1	-2	-1	- -	-1	-2	-1	-1	-1	-3	-1	-1	-1	-10	-12