World Kinect Corporation

World Kinect Corporation

WKC
World Kinect CorporationUS flagNew York Stock Exchange
28.81
USD
-0.45
- -
1.48BMarket Cap

Income Statement (USD)

APIChat
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
34,623
38,945
41,562
43,392
30,381
27,016
33,696
39,750
36,819
20,358
31,337
59,043
47,711
42,168
36,917
+ Sales & Services Revenue
34,623
38,945
41,562
43,392
30,381
27,016
33,696
39,750
36,819
20,358
31,337
59,043
47,711
42,168
36,917
- Cost of Revenue
33,988
38,272
40,809
42,573
29,520
26,117
32,763
38,732
35,707
19,506
30,549
57,954
46,652
41,142
35,969
+ Cost of Goods & Services
33,988
38,272
40,809
42,573
29,520
26,117
32,763
38,732
35,707
19,506
30,549
57,954
46,652
41,142
35,969
Gross Profit
635
673
753
819
861
899
932
1,018
1,112
852
788
1,089
1,058
1,026
948
+ Other Operating Income
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- Operating Expenses
378
416
488
542
615
710
735
742
793
678
634
816
820
780
720
+ Selling, General & Admin
370
412
477
539
615
710
735
742
793
678
634
816
820
780
720
+ Research & Development
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Operating Expense
8
5
12
4
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Income (Loss)
257
257
264
277
246
189
197
277
319
174
154
273
238
247
228
- Non-Operating (Income) Loss
19
17
18
2
28
47
218
92
82
12
54
128
171
151
968
+ Interest Expense, Net
16
19
17
25
30
39
60
71
74
45
40
111
128
102
101
+ Interest Expense
17
20
21
31
35
44
66
75
80
49
47
117
136
116
112
- Interest Income
1
1
4
6
5
4
6
4
6
4
7
7
8
14
11
+ Other Non-Op (Income) Loss
3
-2
- -
-23
-2
8
158
21
8
-33
14
17
44
49
867
Pretax Income
238
240
247
275
218
142
-21
185
237
162
100
145
67
96
-740
- Income Tax Expense (Benefit)
39
38
40
54
47
16
149
56
56
52
26
29
13
28
-128
- (Income) Loss from Affiliates
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Income (Loss) from Cont Ops
199
201
207
221
170
126
-170
129
181
110
74
116
54
68
-612
- Net Extraordinary Losses (Gains)
10
24
8
-7
-8
- -
- -
3
4
- -
1
4
2
1
5
+ Discontinued Operations
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Extraord. & Accounting Changes
10
24
8
-7
-8
- -
- -
3
4
- -
1
4
2
1
5
Income (Loss) Incl. MI
189
177
199
228
178
126
-170
126
177
110
73
112
52
67
-617
- Minority Interest
-5
-12
-4
3
4
- -
- -
-1
-2
- -
- -
-2
-1
- -
-3
Net Income, GAAP
194
189
203
224
174
126
-170
128
179
110
74
114
53
67
-614
- Preferred Dividends
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- Other Adjustments
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income Avail to Common, GAAP
194
189
203
224
174
126
-170
128
179
110
74
114
53
67
-614
EBIT
257
257
264
277
246
189
197
277
319
174
154
273
238
247
228
EBITDA
298
294
309
334
311
271
283
358
407
260
235
381
342
353
326
EBITDA Margin (%)
0.86
0.75
0.74
0.77
1.02
1
0.84
0.9
1.1
1.28
0.75
0.64
0.72
0.84
0.88
EBITA
257
257
264
277
246
189
197
277
319
174
154
273
238
247
228
Gross Margin (%)
1.83
1.73
1.81
1.89
2.83
3.33
2.77
2.56
3.02
4.18
2.52
1.84
2.22
2.43
2.57
Operating Margin (%)
0.74
0.66
0.64
0.64
0.81
0.7
0.58
0.7
0.87
0.85
0.49
0.46
0.5
0.59
0.62
Profit Margin (%)
0.56
0.49
0.49
0.52
0.57
0.47
-0.51
0.32
0.49
0.54
0.24
0.19
0.11
0.16
-1.66
Sales per Employee
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.15
0.15
0.15
0.15
0.22
0.24
0.24
0.24
0.32
0.4
0.46
0.5
0.55
0.65
0.74
Depreciation Expense
41
37
44
57
66
82
86
82
87
86
81
108
104
106
98
Basic Weighted Avg Shares
71
71
71
71
70
69
68
67
66
64
63
62
61
59
56
Basic EPS, GAAP
2.74
2.66
2.85
3.17
2.49
1.83
-2.5
1.89
2.71
1.72
1.17
1.83
0.86
1.14
-10.99
Basic EPS from Cont Ops
2.82
2.83
2.91
3.13
2.43
1.82
-2.5
1.91
2.74
1.72
1.18
1.86
0.87
1.15
-10.94
Diluted Weighted Avg Shares
72
72
72
71
71
70
68
68
66
64
63
63
62
60
56
Diluted EPS, GAAP
2.71
2.64
2.83
3.15
2.47
1.81
-2.5
1.89
2.69
1.71
1.16
1.82
0.86
1.13
-10.99
Diluted EPS from Cont Ops
2.79
2.8
2.89
3.1
2.41
1.81
-2.5
1.91
2.72
1.71
1.17
1.85
0.87
1.14
-10.94

Balance Sheet (USD)

APIChat
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
3,122
3,281
3,816
3,673
3,246
3,837
3,940
3,975
4,170
2,639
4,020
5,238
4,504
3,959
3,500
+ Cash, Cash Equivalents & STI
205
173
292
302
582
699
372
212
186
659
652
298
304
383
194
+ Cash & Cash Equivalents
205
173
292
302
582
699
372
212
186
659
652
298
304
383
194
+ ST Investments
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Accounts & Notes Receiv
2,161
2,194
2,539
2,306
1,813
2,344
2,706
2,740
2,892
1,238
2,355
3,294
2,736
2,433
2,208
+ Accounts Receivable, Net
2,161
2,194
2,539
2,306
1,813
2,344
2,706
2,740
2,892
1,238
2,355
3,294
2,736
2,433
2,208
+ Notes Receivable, Net
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Loans Receivable, Net
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Receivable, Net
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Inventories
473
572
655
438
359
458
505
523
593
344
478
780
665
514
454
+ Raw Materials
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Work In Process
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Finished Goods
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Inventory Adjustments
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Inventory
473
572
655
438
359
458
505
523
593
344
478
780
665
514
454
+ Other ST Assets
284
342
330
627
492
336
358
500
499
398
534
866
799
630
644
+ Misc ST Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Prepaid Expenses
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ ST Derivative & Hedging Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ ST Assets Held-for-Sale
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ ST Deferred Tax Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Noncurrent Assets
575
826
924
1,208
1,279
1,576
1,647
1,702
1,822
1,861
1,923
2,927
2,872
2,772
2,364
+ Property, Plant & Equip, Net
91
113
130
203
226
311
330
350
361
343
349
484
515
513
348
+ Property, Plant & Equip
142
181
214
310
366
488
547
600
655
652
687
880
967
989
737
- Accumulated Depreciation
51
68
84
107
140
177
217
250
294
310
338
395
452
476
389
+ LT Investments & Receivables
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ LT Investments
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ LT Receivables
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other LT Assets
484
714
794
1,004
1,054
1,265
1,318
1,352
1,461
1,518
1,574
2,442
2,356
2,259
2,015
+ Total Intangible Assets
454
643
651
871
887
1,118
1,125
1,098
1,065
1,062
1,051
1,569
1,538
1,443
1,049
+ Goodwill
346
471
484
653
676
836
846
853
844
859
862
1,233
1,238
1,182
738
+ Other Intangible Assets
108
172
167
218
211
282
280
245
222
203
189
336
300
261
312
+ LT Deferred Tax Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ LT Derivative & Hedging Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Misc LT Assets
30
71
143
133
167
147
192
254
396
457
523
873
819
816
966
Total Assets
3,697
4,108
4,739
4,881
4,525
5,413
5,588
5,677
5,992
4,500
5,942
8,165
7,375
6,732
5,864
+ Payables & Accruals
1,903
2,123
2,389
2,083
1,605
2,076
2,585
2,777
2,982
1,454
2,692
4,268
3,843
3,262
3,246
+ Accounts Payable
1,740
1,815
2,210
1,850
1,350
1,770
2,240
2,400
2,603
1,215
2,400
3,530
3,098
2,726
2,587
+ Accrued Taxes
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Interest & Dividends Payable
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Payables & Accruals
163
308
178
232
255
306
345
377
379
240
293
738
745
536
659
+ ST Debt
18
26
15
18
26
15
26
41
54
23
31
16
79
84
12
+ ST Borrowings
18
26
15
18
26
15
26
41
54
23
31
16
79
84
12
+ ST Finance Leases
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other ST Liabilities
106
- -
111
139
124
91
108
118
127
207
374
325
128
92
53
+ Deferred Revenue
106
97
111
139
118
91
108
118
127
156
206
269
- -
- -
- -
+ Derivatives & Hedging
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Deferred Tax Liabilities
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Misc ST Liabilities
- -
-97
- -
- -
6
- -
- -
- -
- -
51
168
56
128
92
53
Total Current Liabilities
2,026
2,149
2,515
2,239
1,754
2,183
2,719
2,936
3,162
1,684
3,097
4,609
4,050
3,438
3,310
+ LT Debt
269
354
449
672
747
1,171
885
660
575
502
478
830
809
797
685
+ LT Borrowings
269
354
449
672
747
1,171
885
660
575
502
478
830
809
797
685
+ LT Finance Leases
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other LT Liabilities
55
63
97
105
118
119
247
250
361
402
451
735
567
541
560
+ Accrued Liabilities
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Pension Liabilities
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Deferred Revenue
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Deferred Tax Liabilities
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Derivatives & Hedging
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Misc LT Liabilities
55
63
97
105
118
119
247
250
361
402
451
735
567
541
560
Total Noncurrent Liabilities
324
417
546
777
865
1,290
1,131
910
936
903
929
1,565
1,376
1,338
1,246
Total Liabilities
2,351
2,566
3,060
3,016
2,619
3,473
3,850
3,845
4,098
2,587
4,026
6,174
5,426
4,776
4,556
+ Preferred Equity and Hybrid Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Share Capital & APIC
503
518
496
497
436
401
356
341
275
205
169
183
110
31
- -
+ Common Stock
1
1
1
1
1
1
1
1
1
1
1
1
1
1
- -
+ Additional Paid in Capital
503
518
495
496
435
400
355
340
275
205
168
182
110
30
- -
- Treasury Stock
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Retained Earnings
836
1,015
1,207
1,418
1,569
1,679
1,493
1,606
1,761
1,837
1,881
1,962
1,982
2,009
1,316
+ Other Equity
-7
-16
-29
-60
-110
-155
-126
-132
-146
-133
-137
-161
-149
-91
-17
Equity Before Minority Interest
1,333
1,517
1,674
1,855
1,896
1,925
1,722
1,815
1,890
1,909
1,913
1,985
1,943
1,949
1,299
+ Minority/Non Controlling Interest
14
24
5
10
10
15
16
16
4
4
4
6
7
7
9
Total Equity
1,347
1,542
1,679
1,865
1,906
1,940
1,738
1,832
1,894
1,913
1,917
1,991
1,950
1,956
1,308
Total Liabilities & Equity
3,697
4,108
4,739
4,881
4,525
5,413
5,588
5,677
5,992
4,500
5,942
8,165
7,375
6,732
5,864
Shares Outstanding
71
72
72
72
71
70
68
67
65
63
62
62
60
57
54
Number of Employees
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Capital Leases - Total
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Debt
82
208
172
388
190
488
538
489
443
-134
-144
547
584
498
504
Net Debt to Equity
6.07
13.46
10.22
20.78
9.95
25.13
30.95
26.72
23.38
-7.01
-7.49
27.49
29.93
25.46
38.5
Tangible Common Equity Ratio
27.53
25.94
25.15
24.79
28.01
19.14
13.73
16.02
16.82
24.76
17.7
6.39
7.06
9.7
5.37
Current Ratio
1.54
1.53
1.52
1.64
1.85
1.76
1.45
1.35
1.32
1.57
1.3
1.14
1.11
1.15
1.06
Cash Conversion Cycle
7.07
8.48
8.3
7.57
9.83
12.07
10.41
7.99
8.1
9.62
4.34
2.85
2.73
1.66
0.85

Cash Flow Statement (USD)

APIChat
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
199
201
207
221
170
126
-170
129
181
110
74
116
54
68
-612
+ Depreciation & Amortization
41
37
44
57
66
82
86
82
87
86
81
108
104
106
98
+ Non-Cash Items
16
12
14
-6
17
-20
160
36
61
-29
80
275
-195
177
749
+ Stock-Based Compensation
11
14
17
16
17
19
21
8
24
-1
20
18
24
28
26
+ Deferred Income Taxes
2
10
-8
11
5
-36
14
-3
3
-14
-8
-18
-31
-15
-176
+ Asset Impairment Charge
- -
- -
- -
- -
- -
- -
92
- -
- -
- -
5
1
33
29
690
+ Other Non-Cash Adj
3
-12
6
-33
-5
-4
33
30
34
-14
64
275
-222
135
210
+ Chg in Non-Cash Work Cap
-398
-104
-1
-131
194
-137
-209
-429
-100
438
-62
-360
308
-92
57
+ (Inc) Dec in Accts Receiv
-726
97
-329
461
485
-661
-705
-445
-164
1,300
-1,133
-871
569
259
106
+ (Inc) Dec in Inventories
-222
-91
-78
232
81
-50
-44
-12
-61
251
-135
-252
187
133
1
+ (Inc) Dec in Prepaid Assets
-2
-51
31
46
11
8
-20
-5
-18
28
-10
-25
7
-2
-19
+ Inc (Dec) in Accts Payable
626
-43
382
-321
-623
302
529
244
52
-1,312
1,304
1,255
-490
-520
12
+ Inc (Dec) in Other
-74
-16
-7
-550
240
264
31
-210
91
170
-88
-467
36
39
-44
+ Net Cash From Disc Ops
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Cash from Operating Activities
-143
146
264
141
448
51
-134
-182
229
604
173
138
271
260
293
+ Change in Fixed & Intang
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Disp in Fixed & Intang
- -
- -
- -
- -
5
7
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Disp of Fixed Prod Assets
- -
- -
- -
- -
5
7
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Disp of Intangible Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Acq of Fixed & Intang
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Acq of Fixed Prod Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Acq of Intangible Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Cash (Repurchase) of Equity
-10
-5
-42
-15
-70
-41
-62
-20
-65
-68
-50
-49
-60
-100
-85
+ Increase in Capital Stock
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Decrease in Capital Stock
-10
-5
-42
-15
-70
-41
-62
-20
-65
-68
-50
-49
-60
-100
-85
+ Net Change in LT Investment
- -
- -
- -
-2
-2
-1
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Dec in LT Investment
- -
- -
22
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Inc in LT Investment
- -
- -
-22
-2
-2
-1
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Net Cash From Acq & Div
-123
-218
-84
-231
-97
-402
-121
-21
31
131
-12
-644
-4
169
-130
+ Cash from Divestitures
- -
- -
- -
43
- -
29
- -
- -
31
260
25
- -
9
209
23
+ Cash for Acq of Subs
-123
-218
-84
-274
-97
-431
-121
-21
- -
-129
-37
-644
-14
-40
-154
+ Cash for JVs
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Investing Activities
-22
-29
-91
-64
-51
122
279
307
-81
-58
-46
-81
-97
-104
-40
+ Net Cash From Disc Ops
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Cash from Investing Activities
-145
-247
-174
-297
-145
-274
159
286
-50
73
-58
-725
-101
64
-170
+ Dividends Paid
-11
-11
-11
-11
-15
-17
-16
-16
-21
-26
-29
-31
-34
-38
-41
+ Net Cash From Debt
237
85
77
206
79
408
-277
-219
-78
-112
-24
334
256
-32
-172
+ Cash From Debt
5,020
4,050
4,557
5,757
4,831
4,688
4,473
6,188
5,002
2,095
- -
6,945
6,622
3,844
3,602
+ Repayments of Debt
-4,782
-3,966
-4,480
-5,552
-4,752
-4,280
-4,750
-6,407
-5,080
-2,207
-24
-6,611
-6,365
-3,876
-3,774
+ Other Financing Activities
6
-2
5
-11
-10
-9
-6
-2
-40
-7
-10
-17
-315
-60
-17
+ Net Cash From Disc Ops
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Cash from Financing Activities
223
67
30
170
-17
341
-362
-257
-205
-213
-114
237
-152
-231
-315
Effect of Foreign Exchange Rates
-3
1
- -
-3
-6
-2
10
-7
1
9
-8
-5
-12
-15
3
Net Changes in Cash
-65
-34
119
14
286
118
-336
-154
-27
464
1
-349
18
94
-192
EBITDA
298
294
309
334
311
271
283
358
407
260
235
381
342
353
326
EBITDA Margin (%)
0.86
0.75
0.74
0.77
1.02
1
0.84
0.9
1.1
1.28
0.75
0.64
0.72
0.84
0.88
Free Cash Flow
-143
146
264
141
448
51
-134
-182
229
604
173
138
271
260
293
Net Cash Paid for Acquisitions
123
218
84
231
97
402
121
21
-31
-131
12
644
4
-169
130
Free Cash Flow to Firm
-129
163
282
166
475
90
- -
-130
290
637
208
232
380
342
- -
Free Cash Flow to Equity
95
230
341
347
532
466
-411
-401
150
492
149
472
528
228
121
Free Cash Flow per Basic Share
-2.02
2.05
3.71
1.99
6.37
0.73
-1.96
-2.71
3.46
9.48
2.75
2.22
4.42
4.41
5.24
Price/Free Cash Flow
-21.06
20.28
11.72
23.72
6.08
63.21
-14.34
-7.94
12.62
3.3
9.67
12.37
5.18
6.3
4.47
Cash Flow to Net Income
-0.73
0.77
1.3
0.63
2.56
0.4
0.78
-1.43
1.28
5.51
2.35
1.21
5.13
3.86
-0.48
Capital Expenditures
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -