U.S. Bancorp Depositary Shares,

USB-PS

USB-PSU.S. Bancorp Depositary Shares, US flag

New York Stock Exchange

17.39

USD

-0.19

- -

66.08BMarket 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	18,883	20,064	19,378	19,939	19,969	20,956	21,697	22,521	22,883	23,226	22,721	24,184	28,013	27,335	28,540
+ Sales & Services Revenue	18,883	20,064	19,378	19,939	19,969	20,956	21,697	22,521	22,883	23,226	22,721	24,184	28,013	27,335	28,540
- Cost of Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cost of Goods & Services	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Profit	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Selling, General & Admin	5,255	5,653	5,868	5,946	6,142	6,655	7,422	7,822	8,037	8,256	9,094	9,613	11,142	11,173	11,032
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	-5,255	-5,653	-5,868	-5,946	-6,142	-6,655	-7,422	-7,822	-8,037	-8,256	-9,094	-9,613	-11,142	-11,173	-11,032
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Non-Operating (Income) Loss	-6,629	-7,726	-7,764	-7,995	-8,030	-8,105	-7,517	-8,678	-8,594	-6,051	-10,166	-7,301	-6,865	-7,909	-9,517
+ Interest Expense, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	-6,629	-7,726	-7,764	-7,995	-8,030	-8,105	-7,517	-8,678	-8,594	-6,051	-10,166	-7,301	-6,865	-7,909	-9,517
Pretax Income	6,629	7,726	7,764	7,995	8,030	8,105	7,517	8,678	8,594	6,051	10,166	7,301	6,865	7,909	9,517
- Income Tax Expense (Benefit)	1,841	2,236	2,032	2,087	2,097	2,161	1,264	1,554	1,648	1,066	2,181	1,463	1,407	1,580	1,921
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	4,788	5,490	5,732	5,908	5,933	5,944	6,253	7,124	6,946	4,985	7,985	5,838	5,458	6,329	7,596
- Net Extraordinary Losses (Gains)	-168	-314	-208	114	108	112	70	56	64	52	44	26	58	60	52
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	-168	-314	-208	114	108	112	70	56	64	52	44	26	58	60	52
Income (Loss) Incl. MI	4,956	5,804	5,940	5,794	5,825	5,832	6,183	7,068	6,882	4,933	7,941	5,812	5,400	6,269	7,544
- Minority Interest	84	157	104	-57	-54	-56	-35	-28	-32	-26	-22	-13	-29	-30	-26
Net Income, GAAP	4,872	5,647	5,836	5,851	5,879	5,888	6,218	7,096	6,914	4,959	7,963	5,825	5,429	6,299	7,570
- Preferred Dividends	129	238	250	243	247	281	267	282	302	304	303	296	350	352	329
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	4,743	5,409	5,586	5,608	5,632	5,607	5,951	6,814	6,612	4,655	7,660	5,529	5,079	5,947	7,241
EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA	565	561	520	501	481	470	468	467	502	527	497	560	1,018	939	875
EBITDA Margin (%)	2.99	2.8	2.68	2.51	2.41	2.24	2.16	2.07	2.19	2.27	2.19	2.32	3.63	3.44	3.07
EBITA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100	100	100	100	100	100
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Profit Margin (%)	25.8	28.14	30.12	29.34	29.44	28.1	28.66	31.51	30.21	21.35	35.05	24.09	19.38	23.04	26.52
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Depreciation Expense	565	561	520	501	481	470	468	467	502	527	497	560	1,018	939	875
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	59,068	46,349	48,306	66,393	72,126	81,234	86,953	85,511	144,749	199,018	161,311	125,594	130,560	142,174	137,731
+ Cash & Cash Equivalents	13,962	8,252	8,477	10,654	11,147	15,705	19,505	21,453	22,405	62,580	28,905	53,542	61,192	56,502	46,890
+ ST Investments	45,106	38,097	39,829	55,739	60,979	65,529	67,448	64,058	122,344	136,438	132,406	72,052	69,368	85,672	90,841
+ Accounts & Notes Receiv	11,032	10,900	11,200	11,252	10,518	11,774	13,591	14,141	14,185	13,706	12,367	10,081	8,340	8,270	7,960
+ Accounts Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	11,032	10,900	11,200	11,252	10,518	11,774	13,591	14,141	14,185	13,706	12,367	10,081	8,340	8,270	7,960
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	-70,100	-57,249	-59,506	-77,645	-82,644	-93,008	-100,544	-99,652	-158,934	-212,724	-173,678	-135,675	-138,900	-150,444	-145,691
+ 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	2,657	2,670	2,606	2,618	2,513	2,443	2,432	2,457	3,702	3,468	3,305	3,858	3,623	3,565	3,768
+ Property, Plant & Equip	6,257	6,438	6,505	6,728	6,723	6,851	7,061	7,247	8,656	8,618	8,253	8,927	8,259	8,153	8,471
- Accumulated Depreciation	3,600	3,768	3,899	4,110	4,210	4,408	4,629	4,790	4,954	5,150	4,948	5,069	4,636	4,588	4,703
+ LT Investments & Receivables	63,828	71,004	77,755	100,713	104,569	108,520	111,810	110,108	122,344	136,438	174,264	160,792	153,413	164,306	166,714
+ LT Investments	63,828	71,004	77,755	100,713	104,569	108,520	111,810	110,108	122,344	136,438	174,264	160,792	153,413	164,306	166,714
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	-66,485	-73,674	-80,361	-103,331	-107,082	-110,963	-114,242	-112,565	-126,046	-139,906	-177,569	-164,650	-157,036	-167,871	-170,482
+ Total Intangible Assets	11,663	11,849	12,734	12,551	12,711	12,647	12,662	12,761	12,878	12,782	14,000	19,528	18,573	18,083	17,539
+ Goodwill	8,927	9,143	9,205	9,389	9,361	9,344	9,434	9,369	9,655	9,918	10,262	12,373	12,489	12,536	12,635
+ Other Intangible Assets	2,736	2,706	3,529	3,162	3,350	3,303	3,228	3,392	3,223	2,864	3,738	7,155	6,084	5,547	4,904
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	-78,148	-85,523	-93,095	-115,882	-119,793	-123,610	-126,904	-125,326	-138,924	-152,688	-191,569	-184,178	-175,609	-185,954	-188,021
Total Assets	340,122	353,855	364,021	402,529	421,853	445,964	462,040	467,374	495,426	553,905	573,284	674,805	663,491	678,318	692,345
+ Payables & Accruals	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Debt	22,446	21,964	24,957	28,059	26,138	12,715	15,596	11,099	21,730	9,559	9,593	29,559	11,455	7,624	7,649
+ ST Borrowings	22,446	21,964	24,957	28,059	26,138	12,715	15,596	11,099	21,730	9,559	9,593	29,559	11,455	7,624	7,649
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	-22,446	-21,964	-24,957	-28,059	-26,138	-12,715	-15,596	-11,099	-21,730	-9,559	-9,593	-29,559	-11,455	-7,624	-7,649
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	-22,446	-21,964	-24,957	-28,059	-26,138	-12,715	-15,596	-11,099	-21,730	-9,559	-9,593	-29,559	-11,455	-7,624	-7,649
Total Current Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Debt	31,953	25,516	20,049	32,260	32,078	33,323	32,259	41,340	40,167	41,297	32,125	39,829	51,480	58,002	60,764
+ LT Borrowings	28,294	20,673	19,319	31,463	32,078	33,323	32,259	41,340	40,167	41,297	32,125	39,829	51,480	58,002	60,764
+ LT Finance Leases	3,659	4,843	730	797	959	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Liabilities	-31,953	-25,516	-20,049	-32,260	-32,078	-33,323	-32,259	-41,340	-40,167	-41,297	-32,125	-39,829	-51,480	-58,002	-60,764
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	-31,953	-25,516	-20,049	-32,260	-32,078	-33,323	-32,259	-41,340	-40,167	-41,297	-32,125	-39,829	-51,480	-58,002	-60,764
Total Noncurrent Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Liabilities	305,151	313,588	322,214	358,361	375,036	398,031	412,374	415,717	442,943	500,180	517,897	623,573	607,720	619,278	626,694
+ Preferred Equity and Hybrid Capital	2,606	4,769	4,756	4,756	5,501	5,501	5,419	5,984	5,984	5,983	6,371	6,808	6,808	6,808	6,808
+ Share Capital & APIC	8,259	8,222	8,237	8,334	8,397	8,461	8,485	8,490	8,496	8,532	8,560	8,733	8,694	8,736	8,749
+ Common Stock	21	21	21	21	21	21	21	21	21	21	21	21	21	21	21
+ Additional Paid in Capital	8,238	8,201	8,216	8,313	8,376	8,440	8,464	8,469	8,475	8,511	8,539	8,712	8,673	8,715	8,728
- Treasury Stock	6,472	7,790	9,476	11,245	13,125	15,280	17,602	20,188	24,440	25,930	27,271	25,269	24,126	24,065	24,283
+ Retained Earnings	30,785	34,720	38,667	42,530	46,377	50,151	54,142	59,065	63,186	64,188	69,201	71,901	74,026	76,863	80,906
+ Other Equity	-1,200	-923	-1,071	-896	-1,019	-1,535	-1,404	-2,322	-1,373	322	-1,943	-11,407	-10,096	-9,764	-6,987
Equity Before Minority Interest	33,978	38,998	41,113	43,479	46,131	47,298	49,040	51,029	51,853	53,095	54,918	50,766	55,306	58,578	65,193
+ Minority/Non Controlling Interest	993	1,269	694	689	686	635	626	628	630	630	469	466	465	462	458
Total Equity	34,971	40,267	41,807	44,168	46,817	47,933	49,666	51,657	52,483	53,725	55,387	51,232	55,771	59,040	65,651
Total Liabilities & Equity	340,122	353,855	364,021	402,529	421,853	445,964	462,040	467,374	495,426	553,905	573,284	674,805	663,491	678,318	692,345
Shares Outstanding	1,910	1,869	1,825	1,786	1,745	1,697	1,656	1,608	1,534	1,507	1,484	1,531	1,558	1,560	1,555
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	3,659	4,843	730	797	959	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt	36,778	34,385	35,799	48,868	47,069	30,333	28,350	30,986	39,492	-11,724	12,813	15,846	1,743	9,124	21,523
Net Debt to Equity	105.17	85.39	85.63	110.64	100.54	63.28	57.08	59.98	75.25	-21.82	23.13	30.93	3.13	15.45	32.78
Tangible Common Equity Ratio	6.3	6.91	6.92	6.89	6.99	6.87	7.03	7.24	6.97	6.46	6.26	3.8	4.71	5.17	6.12
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	4,872	5,647	5,836	5,851	5,879	5,888	6,218	7,096	6,914	4,959	7,963	5,825	5,429	6,299	7,570
+ Depreciation & Amortization	565	561	520	501	481	470	468	467	502	527	497	560	1,018	939	875
+ Non-Cash Items	4,383	1,750	5,090	-1,020	2,422	-1,022	-214	3,001	-2,527	-1,770	1,410	14,734	1,946	4,112	-475
+ Stock-Based Compensation	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Income Taxes	748	49	-69	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	3,635	1,701	5,159	-1,020	2,422	-1,022	-214	3,001	-2,527	-1,770	1,410	14,734	1,946	4,112	-475
+ Chg in Non-Cash Work Cap	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Accts Receiv	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Other	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	9,820	7,958	11,446	5,332	8,782	5,336	6,472	10,564	4,889	3,716	9,870	21,119	8,393	11,350	7,970
+ 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	-334	-1,461	-1,758	-1,747	-1,895	-2,201	-2,472	-2,736	-4,437	-1,657	-1,512	-48	889	-141	-444
+ Increase in Capital Stock	180	395	524	453	295	355	159	86	88	15	43	21	951	32	45
+ Decrease in Capital Stock	-514	-1,856	-2,282	-2,200	-2,190	-2,556	-2,631	-2,822	-4,525	-1,672	-1,555	-69	-62	-173	-489
+ Net Change in LT Investment	-16,594	-3,082	-6,683	-20,183	-5,084	-4,620	-3,140	-440	-8,672	-12,427	-41,766	25,394	14,413	-10,840	1,225
+ Dec in LT Investment	15,135	23,770	19,681	17,166	24,652	34,235	24,432	19,430	31,843	56,235	58,367	57,077	23,687	25,292	21,039
+ Inc in LT Investment	-31,729	-26,852	-26,364	-37,349	-29,736	-38,855	-27,572	-19,870	-40,515	-68,662	-100,133	-31,683	-9,274	-36,132	-19,814
+ Net Cash From Acq & Div	636	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-330	-103	-36
+ Cash from Divestitures	636	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-330	-103	-36
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	-16,746	-17,171	-14,341	-9,629	-16,066	-13,338	-8,986	-8,537	-12,888	-3,013	-15,721	-17,894	4,842	-13,591	-21,727
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-32,704	-20,253	-21,024	-29,812	-21,150	-17,958	-12,126	-8,977	-21,560	-15,440	-57,487	7,500	18,925	-24,534	-20,538
+ Dividends Paid	-935	-1,551	-1,830	-1,969	-2,019	-2,077	-2,212	-2,366	-2,745	-2,852	-2,887	-3,075	-3,311	-3,448	-3,502
+ Net Cash From Debt	311	-6,449	-842	12,266	-244	1,220	-1,083	9,150	-1,220	25	-8,806	1,806	11,499	5,975	1,308
+ Cash From Debt	3,611	4,966	2,041	16,394	5,067	10,715	9,434	12,078	9,899	14,501	2,626	8,732	15,583	12,017	10,360
+ Repayments of Debt	-3,300	-11,415	-2,883	-4,128	-5,311	-9,495	-10,517	-2,928	-11,119	-14,476	-11,432	-6,926	-4,084	-6,042	-9,052
+ Other Financing Activities	23,317	16,046	14,233	18,107	17,019	20,238	15,221	-3,687	26,025	56,383	27,147	-2,665	-29,075	6,435	4,888
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	22,359	6,585	9,803	26,657	12,861	17,180	9,454	361	17,623	51,899	13,942	-3,982	-19,998	8,821	2,250
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	330	-327	706
Net Changes in Cash	-525	-5,710	225	2,177	493	4,558	3,800	1,948	952	40,175	-33,675	24,637	7,320	-4,363	-10,318
EBITDA	565	561	520	501	481	470	468	467	502	527	497	560	1,018	939	875
EBITDA Margin (%)	2.99	2.8	2.68	2.51	2.41	2.24	2.16	2.07	2.19	2.27	2.19	2.32	3.63	3.44	3.07
Free Cash Flow	9,820	7,958	11,446	5,332	8,782	5,336	6,472	10,564	4,889	3,716	9,870	21,119	8,393	11,350	7,970
Net Cash Paid for Acquisitions	-636	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	330	103	36
Free Cash Flow to Firm	9,820	7,958	11,446	5,332	8,782	5,336	6,472	10,564	4,889	3,716	9,870	21,119	8,393	11,350	7,970
Free Cash Flow to Equity	10,678	3,434	10,341	17,355	9,036	6,275	5,040	19,997	3,367	3,436	1,149	23,066	19,542	16,973	8,949
Free Cash Flow per Basic Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow to Net Income	2.02	1.41	1.96	0.91	1.49	0.91	1.04	1.49	0.71	0.75	1.24	3.63	1.55	1.8	1.05
Capital Expenditures	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -