Ameren Corp
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Penke I guess you are interested in Ameren Corp. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Ameren Corp. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Ameren Corp (30 sec.)

What can you expect buying and holding a share of Ameren Corp? (30 sec.)

How much money do you get?

$2.48

When do you have the money?

1 year

How often do you get paid?

100.0%

What is your share worth?

Current worth

$43.07

Expected worth in 1 year

$46.22

How sure are you?

97.5%

+ What do you gain per year?

Total Gains per Share

$5.64

Return On Investment

7.8%

For what price can you sell your share?

Current Price per Share

$71.93

Expected price per share

$67.74 - $74.34

How sure are you?

50%

1. Valuation of Ameren Corp (5 min.)

Live pricePrice per Share (EOD)

$71.93

Book Value per Share

$43.07

Intrinsic Value Per Share

$-67.49 - $52.89

Total Value Per Share

$-24.42 - $95.96

My calculation of the intrinsic value of Ameren Corp is based how much money is coming from the company's main activities (Free Cash Flow).

The following numbers are based on moving averages and per share and per quarter.
I use a 6% discount rate for the low estimation and 3% for the high estimation.
The current Free Cash Flow Per Share is 10Y: ($-0.62) 3Y: ($-1.31) TTM: ($-1.13)
The change per quarter (trend) of the Free Cash Flow Per Share is 10Y: ($-0.05) 3Y: ($0.11) TTM: ($-0.33)

Years	Total Low est.	Total High est.	Added Free Cash Flow
1	$-5.53	$-1.34	$-6.04 - $-0.70
2	$-11.48	$-0.96	$-6.84 - $1.06
3	$-17.78	$1.04	$-7.65 - $2.82
4	$-24.38	$4.56	$-8.45 - $4.58
5	$-31.22	$9.51	$-9.26 - $6.34
6	$-38.25	$15.81	$-10.06 - $8.11
7	$-45.43	$23.38	$-10.87 - $9.87
8	$-52.72	$32.13	$-11.67 - $11.63
9	$-60.08	$41.99	$-12.48 - $13.39
10	$-67.49	$52.89	$-13.28 - $15.15

2. Growth of Ameren Corp (5 min.)

Is Ameren Corp growing?

	Current year	Previous year	Grow	Grow %
How rich?	$11.4b	$10.2b	$825.2m	7.5%

How much money is Ameren Corp making?

	Current year	Previous year	Grow	Grow %
Making money	$288m	$269.7m	$18.2m	6.3%
Net Profit Margin	15.0%	13.3%	-	-

How much money comes from the company's main activities?

Quarterly Yearly

3. Financial Health of Ameren Corp (5 min.)

What can you expect buying and holding a share of Ameren Corp? (5 min.)

Welcome investor! Ameren Corp's management wants to use your money to grow the business. In return you get a share of Ameren Corp.

What can you expect buying and holding a share of Ameren Corp?

First you should know what it really means to hold a share of Ameren Corp. And how you can make/lose money.

Speculation

The Price per Share of Ameren Corp is $71.93. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

The fundamentals: the financial health trends of Ameren Corp.
The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Ameren Corp, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $43.07. Based on the TTM, the Book Value Change Per Share is $0.79 per quarter. Based on the YOY, the Book Value Change Per Share is $0.76 per quarter.
You may receive quarterly/yearly dividend in the form of additional shares.
You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.62 per quarter.

Based on historical numbers we can estimate the returns while holding a share of Ameren Corp.

How much money are you going to get?

	MRQ		TTM		YOY		5Y		10Y
	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share
Usd Eps	0.59	0.8%	1.08	1.5%	1.01	1.4%	0.92	1.3%	0.76	1.1%
Usd Book Value Change Per Share	1.15	1.6%	0.79	1.1%	0.76	1.1%	0.70	1.0%	0.45	0.6%
Usd Dividend Per Share	0.62	0.9%	0.62	0.9%	0.57	0.8%	0.53	0.7%	0.46	0.6%
Usd Total Gains Per Share	1.77	2.5%	1.41	2.0%	1.33	1.8%	1.22	1.7%	0.91	1.3%
Usd Price Per Share	72.34	-	78.81	-	88.40	-	80.30	-	65.38	-
Price to Earnings Ratio	30.51	-	21.35	-	25.52	-	26.57	-	27.39	-
Price-to-Total Gains Ratio	40.85	-	63.09	-	74.96	-	79.83	-	115.19	-
Price to Book Ratio	1.68	-	1.90	-	2.31	-	2.27	-	2.07	-
Price-to-Total Gains Ratio	40.85	-	63.09	-	74.96	-	79.83	-	115.19	-

When do you get the money?

Usd Investment	$.00
Usd Price Per Share	71.93
Number of shares	13

Gains per Quarter	Trailing 12 Months	5 Year
Usd Dividend Per Share	0.62	0.53
Usd Book Value Change Per Share	0.79	0.70
Usd Total Gains Per Share	1.41	1.22
Gains per Quarter (13 shares)	18.33	15.87
Gains per Year (13 shares)	73.31	63.49

Years	Return on Investment (TTM)			Return on Investment (5Y)
	Dividend	Book Value gain	Total gains	Dividend	Book Value gain	Total gains
Broker costs	-	-	-10	-	-	-10
1	32	41	63	27	36	53
2	65	82	136	55	72	116
3	97	123	209	82	108	179
4	129	164	282	109	145	242
5	161	205	355	137	181	305
6	194	246	428	164	217	368
7	226	287	501	191	253	431
8	258	328	574	219	289	494
9	291	369	647	246	325	557
10	323	410	720	273	361	620

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %

	Trailing 12 Months				3Y				5 Year				10 Year				ALLTIME
				%				%				%				%				%
Earnings Per Share	4.0	0.0	0.0	100.0%	12.0	0.0	0.0	100.0%	20.0	0.0	0.0	100.0%	39.0	1.0	0.0	97.5%	101.0	3.0	0.0	97.1%
Book Value Change Per Share	4.0	0.0	0.0	100.0%	12.0	0.0	0.0	100.0%	19.0	1.0	0.0	95.0%	30.0	10.0	0.0	75.0%	69.0	35.0	0.0	66.3%
Dividend per Share	4.0	0.0	0.0	100.0%	12.0	0.0	0.0	100.0%	20.0	0.0	0.0	100.0%	40.0	0.0	0.0	100.0%	101.0	0.0	3.0	97.1%
Total Gains per Share	4.0	0.0	0.0	100.0%	12.0	0.0	0.0	100.0%	20.0	0.0	0.0	100.0%	39.0	1.0	0.0	97.5%	94.0	10.0	0.0	90.4%

Fundamentals of Ameren Corp

About Ameren Corp

https://www.amereninvestors.com
9372
1901 Chouteau Avenue, Saint Louis, MO, United States, 63103
Google Maps Bing Maps

Ameren Corporation, together with its subsidiaries, operates as a public utility holding company in the United States. The company operates through four segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission. It engages in the rate-regulated electric generation, transmission, and distribution activities; and rate-regulated natural gas distribution business. In addition, the company generates electricity through coal, nuclear, and natural gas, as well as renewable sources, such as hydroelectric, wind, methane gas, and solar. It serves residential, commercial, and industrial customers. The company was founded in 1881 and is headquartered in Saint Louis, Missouri.

Fundamental data was last updated by Penke on 2024-04-13 04:04:03.

Financial Health

Profitability Details

	Compared to previous year	Compared to industry
The company is making a huge profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.

Operating Efficiency Details

	Compared to previous year	Compared to industry
The company is operating efficient.
The company is efficient in keeping operating costs low.

Liquidity Details

	Compared to previous year	Compared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.

Solvency Details

	Compared to previous year	Compared to industry
The company is able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details

	Compared to previous year	Compared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is fair priced.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Ameren Corp.

1.1. Profitability

1.1.1. Net Profit Margin

Measures how much net profit Ameren Corp earns for each $1 of revenue.

Above 10% is considered healthy but always compare Ameren Corp to the Utilities - Regulated Electric industry mean.
A Net Profit Margin of 9.8% means that $0.10 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Ameren Corp:

The MRQ is 9.8%. The company is making a profit. +1
The TTM is 15.0%. The company is making a huge profit. +2

Trends

Current period		Compared to		+/-
MRQ	9.8%	TTM	15.0%	-5.2%
TTM	15.0%	YOY	13.3%	+1.7%
TTM	15.0%	5Y	14.4%	+0.6%
5Y	14.4%	10Y	12.1%	+2.2%

Measures how much net profit Ameren Corp earns for each $1 of revenue.

Revenue is the amount of profit Ameren Corp generates before taxes and all other costs. For example, when you buy a cup of coffee it will cost you $3. The company does not earn $3 in profit but also has to pay various costs and taxes to create that cup of coffee. Let's assume the cost of creating a cup of coffee is $1.5.

The $3 you pay for a cup of coffee is called revenue.
The $1.5 that’s left over when all costs to create that cup of coffee (including taxes) are deduced from the revenue is called net profit.

The net profit margin looks at how much net profit Ameren Corp earns for each $1 in revenue.

How to use net profit margin

Higher profit margin is better (more profit).
Above 10% is considered healthy but always compare Ameren Corp to the Utilities - Regulated Electric industry mean.
Can be used to compare companies within the Utilities - Regulated Electric industry.

You typically want a high profit margin. This means that for each $1 in sales, Ameren Corp makes more profit. This shows the investor how efficiently Ameren Corp is operating in general and compared to other companies in the same industry. Ameren Corp operates in the Utilities - Regulated Electric industry.

Why do investors use net profit margin in their analysis

It helps investors to determine the efficiency of Ameren Corp. If profit margins remain low (compared to the Utilities - Regulated Electric industry mean) and there are no improvements to make in production costs or other areas that might be a warning sign. If profit margins are high that means the company has low overhead costs and is efficiently using its resources to generate profit.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Net Profit Margin of Ameren Corp is 0.10. This means that Ameren Corp earned $0.10 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Net Profit Margin of the Utilities - Regulated Electric industry is .
What is the trend?
The trend is important because it shows you how Ameren Corp is performing over time. The most recent quarter might be important if Ameren Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Ameren Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare Ameren Corp with other companies in the same industry (Utilities - Regulated Electric).
Net profit margin should rise over the years.
Can be influenced when Ameren Corp sells assets (profit will increase while costs remain the same).
It won’t show what part of Ameren Corp is doing great or needs improvement (it only looks at total revenue and total net income).

How to calculate net profit margin

Net profit margin = net income / total revenue * 100%

Real example of Ameren Corp

You need the following data to determine net profit margin:

Income statement from the period you want to calculate (for example, MRQ or TTM).

Net income MRQ Ameren Corp = 158,000
Total revenue MRQ Ameren Corp = 1,618,000
$158,000 / $1,618,000 = 0.10 or 9.8%

Higher is better

The higher the net profit margin, the more efficient the company is generating income. This helps investors to determine how the company is managing money. The net profit margin is an important indicator when diving into the financial health of a company. Overall, you want to see the net profit margin rising over the years. That means the company improved their production and made it more efficient (if possible).

You can use the net profit margin to compare companies within the same industry. If there are two companies where one is much bigger but the smaller one has a higher net profit margin, that means the smaller company is more efficiently using operational costs.

Important: Profit margins can be very different between industries. Companies with assembly lines or transports are much more prone to see shifting in prices for fuel, ingredients and maintenance compared to companies that only provide services. You should never compare net profit margin between different industries.

1.1.2. Return on Assets

Shows how efficient Ameren Corp is using its assets to generate profit.

Above 5% is considered healthy but always compare Ameren Corp to the Utilities - Regulated Electric industry mean.
0.4% Return on Assets means that Ameren Corp generated $0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Ameren Corp:

The MRQ is 0.4%. Using its assets, the company is inefficient in making profit. -1
The TTM is 0.7%. Using its assets, the company is inefficient in making profit. -1

Trends

Current period		Compared to		+/-
MRQ	0.4%	TTM	0.7%	-0.3%
TTM	0.7%	YOY	0.7%	+0.0%
TTM	0.7%	5Y	0.7%	+0.0%
5Y	0.7%	10Y	0.7%	+0.0%

Shows how efficient Ameren Corp is using its assets to generate profit.

For a farm, a tractor is considered an asset. The tractor helps ploughing the land making it possible to plant and harvest crops. But the tractor might be old and needing maintenance all the time reducing its efficiency. Return on assets indicates how effectively the farm is using the tractor (and other assets that help the core business) to plough the land.

How to use return on assets

Higher is better.
Above 5% is considered healthy but always compare Ameren Corp to the Utilities - Regulated Electric industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on assets in their analysis

Shows the investor how effectively Ameren Corp is using its resources to generate profit. If the return on assets (0.4%) from Ameren Corp are higher than the Utilities - Regulated Electric mean () that means Ameren Corp is using its resources better than their competitors. If not, that means their competitors are more efficient in using their resources to generate profit.

An investor should always look at:

What is the current return on assets?
The current most recent quarter (MRQ) Return on Assets of Ameren Corp is 0.4%. This means the company generated $0.00 for each $1 in assets.
How does it compare to the industry?
The mean MRQ Return on Assets of the Utilities - Regulated Electric industry is .
What is the trend?
The trend is important because it shows you how Ameren Corp is performing over time. The most recent quarter might be important if Ameren Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Ameren Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
If a company has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

How to calculate return on assets

Return on assets = net income / total assets * 100%

Real example Ameren Corp

You need the following data to determine return on assets (ROA):

Income statement
Balance sheet

Net income MRQ (income statement) from Ameren Corp = 158,000
Total assets MRQ (balance sheet) from Ameren Corp = 40,830,000
158,000 / 40,830,000 = 0.00 or 0.4%

ROA is an important ratio as it will tell you how effectively Ameren Corp is using its resources to generate profits. Example:

Bob and Kristin both sell ice cream in the summer. They both have an ice cream truck. The truck Bob owes cost him $20.000 and the truck Kristin owes cost her $1500. Over the summer, Bob earned $2000 and Kristin earned $200. To calculate the return on assets:

Bob: $2000 / $20.000 * 100% = 10%
Kristin: $200 / $1500 * 100% = 13.3%

This tells you Bob’s company is more valuable but Kristin's company is more efficient. Be aware that total assets can change over time. A transportation business will buy and sell trucks or planes all the time. Before using return on assets as a guideline, you have to know what the exact assets are. For a company that has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

1.1.3. Return on Equity

Shows how efficient Ameren Corp is using its investors money to generate profit.

Above 15%-20% is considered healthy but always compare Ameren Corp to the Utilities - Regulated Electric industry mean.
1.4% Return on Equity means Ameren Corp generated $0.01 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Ameren Corp:

The MRQ is 1.4%. Using its investors money, the company is inefficient in making profit. -1
The TTM is 2.6%. Using its investors money, the company is inefficient in making profit. -1

Trends

Current period		Compared to		+/-
MRQ	1.4%	TTM	2.6%	-1.2%
TTM	2.6%	YOY	2.7%	0.0%
TTM	2.6%	5Y	2.6%	+0.0%
5Y	2.6%	10Y	2.4%	+0.2%

Shows how efficient Ameren Corp is using its investors money to generate profit.

A publicly traded company (any company that issues shares to the public) is owned by its shareholders. Return on equity calculates the amount of profit for every $1 the shareholders invested.

How to use return on equity

Higher is better.
Above 15%-20% is considered healthy but always compare Ameren Corp to the Utilities - Regulated Electric industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on equity in their analysis

To find out the owners/management's attitude toward their company. You typically want the owners/management to invest in the company and focus on generating profit. If not enough profit is generated (compared to the Utilities - Regulated Electric industry mean), the company might not be investing their money efficiently.

The three steps every investor should look at:

What is the current return on equity?
The current most recent quarter (MRQ) Return on Equity of Ameren Corp is 1.4%. This means Ameren Corp generated $0.01 for each $1 the owners (shareholders) invested.
How does it compare to the industry?
The mean MRQ Return on Equity of the Utilities - Regulated Electric industry is .
What is the trend?
The trend is important because it shows you how Ameren Corp is performing over time. The most recent quarter might be important if Ameren Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Ameren Corp up to 10 years back (depending if Ameren Corp existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Does not include intangible assets (non physical assets like licences, computer software, etc.).
Stockholders equity and shareholders equity refer to the same thing.
Liabilities should not be more than three times return on equity.

How to calculate return on equity

Return on equity = net profit / shareholders equity * 100%

Real example of Ameren Corp

You need the following data to determine ROE:

Income statement
Balance sheet
Net profit MRQ (income statement) Ameren Corp = 158,000
Shareholders equity (balance sheet) MRQ Ameren Corp = 11,349,000
158,000 / 11,349,000 = 0.01 or 1.4%

A negative shareholder equity is a warning sign. It means the company has more liabilities than assets. It might also mean that the owners did not invest enough money or they are taking money out of the business.

1.2. Operating Efficiency of Ameren Corp.

1.2. Operating Efficiency

1.2.1. Operating Margin

Measures how efficient Ameren Corp is operating .

Measures how much profit Ameren Corp makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
Above 15% is considered healthy but always compare Ameren Corp to the Utilities - Regulated Electric industry mean.
An Operating Margin of 16.3% means the company generated $0.16 for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Ameren Corp:

The MRQ is 16.3%. The company is operating efficient. +1
The TTM is 22.7%. The company is operating efficient. +1

Trends

Current period		Compared to		+/-
MRQ	16.3%	TTM	22.7%	-6.3%
TTM	22.7%	YOY	19.3%	+3.3%
TTM	22.7%	5Y	22.7%	0.0%
5Y	22.7%	10Y	22.3%	+0.4%

Measures how efficient Ameren Corp is operating .

The more effecient a company creates products or provides services, the more profit it generates.

How to use operating margin

Higher is better
Above 15% is considered healthy but always compare Ameren Corp to the Utilities - Regulated Electric industry mean.
Can be very different between industries
Can be used to compare companies

Why do investors use operating margin in their analysis

To determine how much profit Ameren Corp is making from it’s core business.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Operating Margin of Ameren Corp is 16.3%. This means that Ameren Corp earned $0.16 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Margin of the Utilities - Regulated Electric industry is .
What is the trend?
The trend is important because it shows you how Ameren Corp is performing over time. The most recent quarter might be important if Ameren Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Ameren Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Can be calculated in different ways

How to calculate operating margin

Operating margin = operating earnings / total revenue

Real example of Ameren Corp

You need the following data to determine operating margin:

Income statement
Operating earnings MRQ Ameren Corp = 264,000
Total revenue MRQ Ameren Corp = 1,618,000
$264,000 / $1,618,000 = 0.16 or 16.3%

Operating margin is used to calculate how much profit a company makes after variable costs of production but before paying interest and taxes. Some variable costs examples are wages, raw materials, packaging, and transaction fees. The amount of variable costs is different for each company and industry. In general, a higher operating margin is better as this implicates that a company is running efficiently.

For investors, a higher operating margin is a good sign. Although you should always look at operating margin in the long term. If operating margin is fluctuating over the years this might be a sign that things are not running efficiently enough. It’s a way to check how much profit a company is making from its core business.

Operation earnings can be calculated in multiple ways:

Operation earnings = EBIT - non operating income + non operating expense
Operation earnings = Gross profit - operating expense - depreciation and amortisation
Operation earnings = Total revenue - COGS (costs of goods sold) - indirect costs

1.2.2. Operating Ratio

Measures how efficient Ameren Corp is keeping operating costs low.

Below 1 is considered healthy (always compare to Utilities - Regulated Electric industry mean).
An Operation Ratio of 0.84 means that the operating costs are $0.84 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Ameren Corp:

The MRQ is 0.837. The company is less efficient in keeping operating costs low.
The TTM is 0.795. The company is efficient in keeping operating costs low. +1

Trends

Current period		Compared to		+/-
MRQ	0.837	TTM	0.795	+0.041
TTM	0.795	YOY	0.806	-0.011
TTM	0.795	5Y	0.793	+0.002
5Y	0.793	10Y	0.791	+0.002

Measures how efficient Ameren Corp is keeping operating costs low.

If the operating ratio is below 1 that means the company is making money. The lower the operating ratio, the more efficient the company.

How to use operating ratio

Lower is better.
Below 1 is considered healthy but always compare Ameren Corp to the Utilities - Regulated Electric industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use operating ratio in their analysis

Shows if costs of creating products and or services is increasing or decreasing. The lower the operating ratio, the more efficient the company is creating products and services.

The three steps every investor should look at:

What is the current Operatin ratio?
The current most recent quarter (MRQ) Operating Ratio of Ameren Corp is 83.7%. This means that Ameren Corp earned $0.84 for each $1 in net sales in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Ratio of the Utilities - Regulated Electric industry is .
What is the trend?
The trend is important because it shows you how Ameren Corp is performing over time. The most recent quarter might be important if Ameren Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Ameren Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
You need COGS to calculate operating ratio which is not always shown in the income statement.
Does not consider debt.

How to calculate operating ratio

Operating ratio = Operating expenses + COGS \ Net sales

Real life example Ameren Corp

You need the following data to determine operating ratio:

Income statement

COGS is not always specified on the income statement. If so you can use the following calculation:

(cost of revenue + total operating expenses) \ total revenue
(1,230,000 +124,000) \ 1,618,000 = 0.84

The operating ratio measures the efficiency of a company at keeping low costs while generating profits from sales. It compares the total operating expenses to the net amount of sales. The total operating expenses exists of:

COGS (materials, labour, rent of facility, repairs)
Operating expenses (legal fees, marketing, wages, rent, maintenance/repairs)

Operating expenses are all the costs the company makes that are not directly tied to the production of the service or product. Where COGS are costs that are directly tied to the production of a product or service.

Do note that COGS is not always available in the income statement. Some companies include COGS in the operating expenses while others list COGS separately. To make it even more confusing, COGS is also known as “costs of sales” and costs of sales is the same as costs of revenue.

The operating ratio tells you how efficient the company is creating its products or services while keeping prices low. In this case, a lower ratio is better. Higher or rising operating ratios might tell you that costs are rising while sales are not improving or staying the same.

1.3. Liquidity of Ameren Corp.

1.3. Liquidity

1.3.1. Current Ratio

Measures if Ameren Corp is able to pay off Short-term Debt.

Above 1.5 is considered healthy (always compare to Utilities - Regulated Electric industry mean).
A Current Ratio of 0.65 means the company has $0.65 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Ameren Corp:

The MRQ is 0.652. The company is unable to pay all its short-term debts. -2
The TTM is 0.635. The company is unable to pay all its short-term debts. -2

Trends

Current period		Compared to		+/-
MRQ	0.652	TTM	0.635	+0.017
TTM	0.635	YOY	0.725	-0.089
TTM	0.635	5Y	0.707	-0.072
5Y	0.707	10Y	0.702	+0.006

Measures if Ameren Corp is able to pay off Short-term Debt.

How to use current ratio

Higher is better
Above 1.5 is considered healthy (always compare to Utilities - Regulated Electric industry mean).
Can be very different between industries
Can be used to compare companies

Why do investors use current ratio in their analysis

Shows if the company can pay of short term debts if needed. A company that can't pay off it's short term debts might get in trouble if they have to pay off their short term debts for whatever reason. For example, markets can change due to global events like covid-19 or the war in Ukraine versus Russia. Because debts are always taken based on future income, it might become troublesome for Ameren Corp if something happens in the market that will cause sales to plummet.

The three steps every investor should look at:

What is the current current Ratio?
The current most recent quarter (MRQ) Current Ratio of Ameren Corp is 0.65. This means Ameren Corp has $0.65 in assets for each $1 in short-term debts.
How does it compare to the industry?
The mean MRQ Current Ratio of the Utilities - Regulated Electric industry is .
What is the trend?
The trend is important because it shows you how Ameren Corp is performing over time. The most recent quarter might be important if Ameren Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Ameren Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Might be deluded.
Not all assets can always be quickly sold.
Can be manipulated by increasing or decreasing the assets and/or liabilities.

How to calculate current ratio

Current ratio = current assets \ current liabilities

Real life example Ameren Corp

You need the following data to determine operating ratio:

Balance sheet
Current ratio = current assets \ current liabilities
2,181,000 \ 3,345,000) = 0.65

The current ratio measures if Ameren Corp is able to pay short-term debts (obligations). Short term in this context means all debt obligations that are about to expire within one year. The current ratio incorporates current liabilities and current assets. Current assets are all the assets a company has that are expected to be consumed or sold within standard business operations. You can find the current assets in the balance sheet. They consist of:

Inventory
Accounts receivable
Marketable securities
Prepaid expenses
Cash
Cash equivalents
liquid assets

The current liabilities are short term obligations that are due within one year. These consist of:

Short term debts
Dividends
Income taxes
Short-term debts
Accounts payable
Interest payments

The result shows an investor if Ameren Corp is able to pay all its short-term debts if they were due all at once. When the result of the above formula is below 1, then Ameren Corp does not have enough capital after selling all its assets to pay all short-term debts. If the ratio drops far below 1 that might indicate Ameren Corp is or will be in financial trouble anytime soon.

Although this gives an investor some clues, the current ratio may also be deluded. Because owning assets does not mean the company can easily sell them. Also, Accounts receivable may be quite old (they will probably never pay) which deludes the current ratio. As with all ratios, you should only compare them between the same industries and companies.

1.3.2. Quick Ratio

Measures if Ameren Corp is able to pay off Short-term Debt but only using the most liquid assets.

Above 1 is considered healthy but always compare Ameren Corp to the Utilities - Regulated Electric industry mean.
A Quick Ratio of 0.29 means the company can pay off $0.29 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Ameren Corp:

The MRQ is 0.286. The company is just not able to pay all its short-term debts with the most liquid assets. -1
The TTM is 0.757. The company is just not able to pay all its short-term debts with the most liquid assets. -1

Trends

Current period		Compared to		+/-
MRQ	0.286	TTM	0.757	-0.471
TTM	0.757	YOY	0.605	+0.152
TTM	0.757	5Y	0.811	-0.055
5Y	0.811	10Y	0.619	+0.193

Measures if Ameren Corp is able to pay off Short-term Debt but only using the most liquid assets.

How to use quick ratio

Higher is better.
Above 1 is considered healthy but always compare Ameren Corp to the Utilities - Regulated Electric industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use quick ratio in their analysis

Shows how fast Ameren Corp can pay off its short term debts. This shows if Ameren Corp can survive emergencies due to market changes or other reasons.

The three steps every investor should look at:

What is the current Quick Ratio?
The current most recent quarter (MRQ) quickRatio of Ameren Corp is 0.29. This means that Ameren Corp can pay off $0.29 for each $1 in debt (using most liquid assets).
How does it compare to the industry?
The mean MRQ Quick Ratio of the Utilities - Regulated Electric industry is .
What is the trend?
The trend is important because it shows you how Ameren Corp is performing over time. The most recent quarter might be important if Ameren Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Ameren Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Incorporates only most liquid assets.

How to calculate quick ratio

Quick ratio = cash and equivalents + marketable securities + accounts receivable / current liabilities

Real life example Ameren Corp

You need the following data to determine operating ratio:

Balance sheet
Quick ratio = cash and short-term investments + short-term investments + netReceivables / total current liabilities
MRQ quick ratio Ameren Corp: (38,000 + 0 +919,000) / 3,345,000 = 0.29

The quick ratio measures the same thing as the current ratio, only it uses the most liquid assets a company has. Meaning, the assets that can be sold for cash the easiest and fastest.

As the quick ratio only incorporates the most liquid assets, you should also check the current ratio which also includes less liquid assets. But they may be harder to sell.

1.4. Solvency of Ameren Corp.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Measures how much % of Ameren Corp assets are financed with debt.

Below 1 (100%) is considered healthy but always compare Ameren Corp to Utilities - Regulated Electric industry mean.
A Debt to Asset Ratio of 0.72 means that Ameren Corp assets are financed with 71.9% credit (debt) and the remaining percentage (100% - 71.9%) is financed by its owners/shareholders.

Let's take a look of the Debt to Asset Ratio trends of Ameren Corp:

The MRQ is 0.719. The company is able to pay all its debts by selling its assets. +1
The TTM is 0.719. The company is able to pay all its debts by selling its assets. +1

Trends

Current period		Compared to		+/-
MRQ	0.719	TTM	0.719	0.000
TTM	0.719	YOY	0.725	-0.006
TTM	0.719	5Y	0.720	0.000
5Y	0.720	10Y	0.711	+0.008

Measures how much % of Ameren Corp assets are financed with debt.

When there are more debts than assets, that means creditors have a larger stake Ameren Corp than its shareholders.

How to use debt to asset ratio

Lower is better.
below 1 (100%) is considered healthy but always compare Ameren Corp to Utilities - Regulated Electric industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to asset ratio in their analysis

It shows how much debt the company used to finance its assets. If a company is almost entirely financed with debt that means the company might get into serious trouble when emergencies arise like a raise in interest.

The three steps every investor should look at:

What is the current debt to asset ratio?
The current most recent quarter (MRQ) Debt to Asset Ratio of Ameren Corp is 0.72. This means means that Ameren Corp is financed with 71.9% credit and the remaining percentage is financed by it's owners (shareholders).
How does it compare to the industry?
The mean MRQ Current Ratio of the Utilities - Regulated Electric industry is .
What is the trend?
The trend is important because it shows you how Ameren Corp is performing over time. The most recent quarter might be important if Ameren Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Ameren Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Some companies can have higher debt to assets ratio's (for example, banks).
Debt to asset ratio should improve over the years.
If the debt to asset ratio is above 1, look at the industry mean and find out why Ameren Corp has so much debt.

How to calculate debt to asset ratio

Debt to asset ratio = total debt \ total assets

Real life example Ameren Corp

You need the following data to determine debt to asset ratio:

Balance sheet
Debt to asset ratio = total debt \ total assets
29,352,000 \ 40,830,000 = 71.9% or 0.72.

The debt to total assets ratio shows if the company is owned by creditors or shareholders. Or in other words, the total debt in relation to the total amount of assets. It shows how much debt the company used to finance its assets.

1.4.2. Debt to Equity Ratio

Measures if Ameren Corp is able to pay off its debts by using shareholders equity.

Below 2 is considered healthy but always compare Ameren Corp to the Utilities - Regulated Electric industry mean.
A Debt to Equity ratio of 258.6% means that company has $2.59 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Ameren Corp:

The MRQ is 2.586. The company is unable to pay all its debts with equity. -1
The TTM is 2.591. The company is unable to pay all its debts with equity. -1

Trends

Current period		Compared to		+/-
MRQ	2.586	TTM	2.591	-0.005
TTM	2.591	YOY	2.674	-0.082
TTM	2.591	5Y	2.605	-0.013
5Y	2.605	10Y	2.513	+0.091

Measures if Ameren Corp is able to pay off its debts by using shareholders equity.

How to use debt to equity ratio

Lower is better.
Below 2 is considered healthy (always use industry average).
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to shareholders equity ratio in their analysis

It shows how much debt the company uses to finance their operations. Shareholders equity is whats left over when you subtract total liabilities from total assets. It's another way to meassure how much of Ameren Corp is financed with debt or own resources.

The three steps every investor should look at:

What is the current debt to equity ratio?
The current most recent quarter (MRQ) quickRatio of Ameren Corp is 2.59. This means that Ameren Corp can pay off $2.59 for each $1 in debt.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Utilities - Regulated Electric industry is .
What is the trend?
The trend is important because it shows you how Ameren Corp is performing over time. The most recent quarter might be important if Ameren Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Ameren Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Not all debt is equally risky (for example, short term risk is less risky).

How to calculate debt to equity ratio

Debt to equity ratio = total debt \ shareholders equity.

Real life example Ameren Corp

You need the following data to determine equity ratio:

Balance sheet
Debt to equity ratio = total debt \ shareholders equity
29,352,000 \ 11,349,000 = 2.59 or 258.6%

Debt to equity measures the total debt versus the total shareholders equity. While the total debts to total assets ratio uses total assets, the debt to equity ratio looks at the total equity of shareholders. Where equity of shareholders are:

Common shares.
Preferred shares.
Retained earnings.

You can find the shareholders' equity in the balance sheet. A ratio between 0,5 and 1,5 is preferred. If the ratio is above 1.5, that would indicate creditors have significantly more stake (debt) in the company than the shareholders. In other words, the company is using a lot of debt to finance their operations.

Not all debt is equally risky. Meaning you can adjust the ratio by including or excluding certain amounts of debt. Short term debts are less risky because they have to be paid back within one year anyway. It’s much easier to plan one year ahead versus five or ten years.

2. Market Valuation of Ameren Corp

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Ameren Corp generates.

Above 15 is considered overpriced but always compare Ameren Corp to the Utilities - Regulated Electric industry mean.
A PE ratio of 30.51 means the investor is paying $30.51 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Ameren Corp:

The EOD is 30.332. Based on the earnings, the company is overpriced. -1
The MRQ is 30.505. Based on the earnings, the company is overpriced. -1
The TTM is 21.345. Based on the earnings, the company is fair priced.

Trends

Current period		Compared to		+/-
EOD	30.332	MRQ	30.505	-0.173
MRQ	30.505	TTM	21.345	+9.160
TTM	21.345	YOY	25.524	-4.178
TTM	21.345	5Y	26.573	-5.228
5Y	26.573	10Y	27.388	-0.815

Measures how much money you pay for each share for every $1 in earnings Ameren Corp generates.

Indicates if the company’s shares are under or overvalued.

How to use PE ratio

Above 15 is considered overpriced but is hard to determine. Always compare Ameren Corp to the Utilities - Regulated Electric industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use PE ratio in their analysis

The PE ratio tells investors the current sentiment in the market for that company. As with every stock, the stock price never shows the real valuation of a company but rather how the market thinks how much the stock is worth.

In other words, the current stock price also incorporates any future earnings or business opportunities in the future. The best example is the stock market crash in 2000. The PE ratio for any internet based company was going through the roof. Only based on the general assumption the internet and all associated businesses would thrive in the future. But this was based on nothing. A business still needs a good product or service to be able to survive. Instead, every investor bought any stock which did something related to the internet. Result: huge market crash.

Many investors were willing to pay premium prices and that was causing the PE ratio to rise. A high PE ratio is a warning sign that investors might be overvaluing a stock based on future earnings.

The three steps every investor should look at:

What is the current PE Ratio?
The current most recent quarter (MRQ) PE Ratio of Ameren Corp is 30.51. This means the investor is paying $30.51 for every $1 in earnings.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Utilities - Regulated Electric industry is .
What is the trend?
The trend is important because it shows you how Ameren Corp is performing over time. The most recent quarter might be important if Ameren Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Ameren Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Some industries might have very high or very low PE ratios in general.
PE ratios can be high for several years, it does not mean a sudden collapse is imminent.
Earnings growth is not included in the PE ratio.

How to calculate PE ratio

PE ratio = market value per share \ earnings per share

Real life example Ameren Corp

You need the following data to determine the PE ratio:

Balance sheet
Income statement

The PE ratio is a very commonly used ratio to determine the value of a company by comparing the current stock price relative to its earnings per share (EPS). Before we can calculate the PE ratio we need to know the EPS. EPS is calculated as follows:

EPS = (net profit - preferred dividends) \ end of period outstanding shares*
Net profit = revenue - expenses
0 \ 264,000 = EPS
PE ratio MRQ = 30.51

* The net profit minus preferred dividends can be found in the incomestatement as netIncomeApplicableToCommonShares.

The PE value helps investors to determine if the current stock price is under or overvalued. It also projects future growth.

In general, a higher PE ratio means that investors predict higher future growth. If the PE ratio is too high, then investors expect way too much future growth the company can never fulfil. This is most likely to happen in faster moving companies like tech companies or automobile companies like Tesla. These are hot and booming markets where investors expect much future growth driven by new technology (electric cars). When looking at the current MRQ (most recent quarter) PE ratio of Tesla ( jan. 2021) it's about 247 while the average in the industry is only 6. That might be a clue that Tesla is trading for way too high prices compared to their current assets and is more based on future growth.

2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Ameren Corp:

The EOD is -7.935. Based on how much money comes from the company's main activities, the company is expensive. -2
The MRQ is -7.980. Based on how much money comes from the company's main activities, the company is expensive. -2
The TTM is -1.714. Based on how much money comes from the company's main activities, the company is expensive. -2

Trends

Current period		Compared to		+/-
EOD	-7.935	MRQ	-7.980	+0.045
MRQ	-7.980	TTM	-1.714	-6.265
TTM	-1.714	YOY	-22.711	+20.997
TTM	-1.714	5Y	-25.158	+23.444
5Y	-25.158	10Y	-8.491	-16.667

2. Book Value per Share

2.3. Price to Book Ratio

Measures if the stock price of Ameren Corp is to cheap or to expensive compared to its book value.

At or below 1 is considered healthy (always compare to Utilities - Regulated Electric industry mean).
A PB ratio of 1.68 means the investor is paying $1.68 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Ameren Corp:

The EOD is 1.670. Based on the equity, the company is underpriced. +1
The MRQ is 1.680. Based on the equity, the company is underpriced. +1
The TTM is 1.905. Based on the equity, the company is underpriced. +1

Trends

Current period		Compared to		+/-
EOD	1.670	MRQ	1.680	-0.010
MRQ	1.680	TTM	1.905	-0.225
TTM	1.905	YOY	2.307	-0.402
TTM	1.905	5Y	2.275	-0.370
5Y	2.275	10Y	2.070	+0.205

2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Ameren Corp.

3.1. Institutions holding Ameren Corp

Institutions are holding 79.885% of the shares of Ameren Corp.

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2023-12-31	Vanguard Group Inc	12.1157	0.051	32289721	180794	0.5631
2023-12-31	BlackRock Inc	6.9108	0.034	18418036	-164073	-0.883
2023-12-31	T. Rowe Price Associates, Inc.	6.8808	0.1783	18337950	5790342	46.147
2023-12-31	T. Rowe Price Investment Management,Inc.	5.5695	0.6982	14843242	-1090887	-6.8462
2023-12-31	State Street Corporation	5.3158	0.0499	14167092	838595	6.2917
2023-12-31	Ameriprise Financial Inc	3.3548	0.1936	8940910	2721268	43.7528
2023-12-31	Amvescap Plc.	2.4136	0.1107	6432582	3607791	127.7189
2023-12-31	Geode Capital Management, LLC	2.2768	0.0458	6067923	127221	2.1415
2023-12-31	Putnam Investments LLC	1.9184	0.4884	5112645	156733	3.1625
2023-12-31	HHG PLC	1.8773	0.2159	5003275	1593274	46.7236
2023-12-31	Goldman Sachs Group Inc	1.6307	0.0282	4346062	2119249	95.1696
2023-12-31	Pictet Asset Manangement SA	1.4725	0.3131	3924387	156063	4.1414
2023-12-31	Nuveen Asset Management, LLC	1.1195	0.0694	2983599	-161464	-5.1339
2023-12-31	Bessemer Group Inc	1.0708	0.4022	2853754	-31536	-1.093
2023-12-31	Morgan Stanley - Brokerage Accounts	1.0056	0.0171	2680022	-166488	-5.8488
2023-12-31	Legal & General Group PLC	0.9766	0.0483	2602784	214233	8.9692
2023-12-31	Caisse De Depot Et Placement Du Quebec	0.9654	0.4732	2572873	286609	12.5361
2023-12-31	JPMorgan Chase & Co	0.9179	0.017	2446259	-2274299	-48.1786
2023-12-31	Northern Trust Corp	0.8936	0.0312	2381489	-48909	-2.0124
2023-12-31	Franklin Resources Inc	0.7243	0.0653	1930382	-3854	-0.1993
Total		59.4104	3.5308	158334987	+13850662	+8.7%

3.2. Funds holding Ameren Corp

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2023-12-31	T. Rowe Price Capital Appreciation	3.5943	1.2272	9579309	-680390	-6.6317
2024-02-29	Vanguard Total Stock Mkt Idx Inv	3.0913	0.0378	8238664	-17644	-0.2137
2024-02-29	Vanguard Institutional 500 Index Trust	2.464	0.0437	6566739	70111	1.0792
2024-02-29	Vanguard Mid Cap Index Institutional	2.2007	0.2607	5865190	-15574	-0.2648
2023-12-31	Janus Inst Mid Cap Growth CF	1.4568	1.4289	3882613	1210442	45.2981
2023-12-31	Janus Henderson Enterprise D	1.4568	1.4264	3882613	1210442	45.2981
2023-12-31	Pictet Glbl Sel Fd Glbl Utilities Eq P	1.3792	3.6038	3675775	33610	0.9228
2024-03-28	Utilities Select Sector SPDR® ETF	1.2501	1.9984	3331737	2667	0.0801
2023-12-31	Putnam US Large Cap Value Equity	1.2043	1.0863	3209596	64571	2.0531
2023-12-31	Putnam Large Cap Value A	1.2043	1.0347	3209596	64571	2.0531
2024-03-28	SPDR® S&P 500 ETF Trust	1.1836	0.0434	3154432	18720	0.597
2024-02-29	Fidelity 500 Index	1.1833	0.0436	3153618	31732	1.0164
2023-12-31	T. Rowe Price US Value Equity Composite	1.0859	0.7548	2894123	2420749	511.3819
2023-12-31	T. Rowe Price Value	1.0859	0.7642	2894123	2420749	511.3819
2024-03-28	iShares Core S&P 500 ETF	1.0229	0.044	2726060	20096	0.7427
2023-12-31	T. Rowe Price U.S. Value Equity Tr-Z	1.0165	0.7569	2709125	2250545	490.7639
2024-02-29	Columbia Dividend Income Inst	0.9124	0.4436	2431595	0	0
2023-12-31	Columbia Dividend Value	0.9124	0.469	2431595	-22004	-0.8968
2023-12-31	JNL/T. Rowe Price Capital Appreciation A	0.8491	1.2239	2262890	-192460	-7.8384
2024-02-29	Vanguard Value Index Inv	0.8234	0.0963	2194400	7579	0.3466
Total		29.3772	16.7876	78293793	+8898512	+11.4%

3.3. Insider Transactions

Insiders are holding 0.302% of the shares of Ameren Corp.

Date	Owner	Type	Amount	Price
2024-03-04	Mark C Lindgren	SELL	1630	70.7
2024-03-04	Martin J Lyons	SELL	7270	70.7
2023-11-29	Rafael Flores	SELL	1500	77.65
2023-11-15	Michael L Moehn	SELL	3244	77.28
2023-09-01	Michael L Moehn	SELL	3155	79.63
2023-06-13	Fadi M Diya	SELL	36940	82.37
2023-06-01	Michael L Moehn	SELL	3080	81.12

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Ameren Corp compared to the Most Recent Quarter (MRQ).

	End of day	+/-	Most Recent Quarter	Trailing 12 Months	+/-	Year-Over-Year	+/-	5 Year	+/-	10 Year	+/-
Book Value Change Per Share	-	-	1.148	0.789	+46%	0.758	+51%	0.695	+65%	0.450	+155%
Book Value Per Share	-	-	43.068	41.473	+4%	38.376	+12%	35.649	+21%	31.293	+38%
Current Ratio	-	-	0.652	0.635	+3%	0.725	-10%	0.707	-8%	0.702	-7%
Debt To Asset Ratio	-	-	0.719	0.719	0%	0.725	-1%	0.720	0%	0.711	+1%
Debt To Equity Ratio	-	-	2.586	2.591	0%	2.674	-3%	2.605	-1%	2.513	+3%
Dividend Per Share	-	-	0.623	0.621	+0%	0.572	+9%	0.526	+18%	0.459	+36%
Eps	-	-	0.593	1.081	-45%	1.007	-41%	0.922	-36%	0.762	-22%
Free Cash Flow Per Share	-	-	-2.266	-1.132	-50%	-1.048	-54%	-1.131	-50%	-0.615	-73%
Free Cash Flow To Equity Per Share	-	-	0.116	0.078	+49%	0.048	+143%	0.039	+195%	0.011	+1007%
Gross Profit Margin	-	-	1.000	1.000	0%	1.000	0%	1.000	0%	1.000	0%
Intrinsic Value_10Y_max	-	-	52.893	-	-	-	-	-	-	-	-
Intrinsic Value_10Y_min	-	-	-67.489	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_max	-	-	-1.339	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_min	-	-	-5.530	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_max	-	-	1.037	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_min	-	-	-17.782	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_max	-	-	9.513	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_min	-	-	-31.218	-	-	-	-	-	-	-	-
Market Cap	19170136805.440	-1%	19279406318.720	21003066262.960	-8%	23558906829.680	-18%	21401766730.928	-10%	17425355863.816	+11%
Net Profit Margin	-	-	0.098	0.150	-35%	0.133	-27%	0.144	-32%	0.121	-19%
Operating Margin	-	-	0.163	0.227	-28%	0.193	-15%	0.227	-28%	0.223	-27%
Operating Ratio	-	-	0.837	0.795	+5%	0.806	+4%	0.793	+5%	0.791	+6%
Pb Ratio	1.670	-1%	1.680	1.905	-12%	2.307	-27%	2.275	-26%	2.070	-19%
Pe Ratio	30.332	-1%	30.505	21.345	+43%	25.524	+20%	26.573	+15%	27.388	+11%
Price Per Share	71.930	-1%	72.340	78.808	-8%	88.398	-18%	80.304	-10%	65.383	+11%
Price To Free Cash Flow Ratio	-7.935	+1%	-7.980	-1.714	-79%	-22.711	+185%	-25.158	+215%	-8.491	+6%
Price To Total Gains Ratio	40.615	-1%	40.846	63.091	-35%	74.961	-46%	79.828	-49%	115.188	-65%
Quick Ratio	-	-	0.286	0.757	-62%	0.605	-53%	0.811	-65%	0.619	-54%
Return On Assets	-	-	0.004	0.007	-47%	0.007	-47%	0.007	-47%	0.007	-44%
Return On Equity	-	-	0.014	0.026	-47%	0.027	-48%	0.026	-47%	0.024	-43%
Total Gains Per Share	-	-	1.771	1.410	+26%	1.330	+33%	1.221	+45%	0.908	+95%
Usd Book Value	-	-	11478000000.000	11053000000.000	+4%	10227750000.000	+12%	9500850000.000	+21%	8339950000.000	+38%
Usd Book Value Change Per Share	-	-	1.148	0.789	+46%	0.758	+51%	0.695	+65%	0.450	+155%
Usd Book Value Per Share	-	-	43.068	41.473	+4%	38.376	+12%	35.649	+21%	31.293	+38%
Usd Dividend Per Share	-	-	0.623	0.621	+0%	0.572	+9%	0.526	+18%	0.459	+36%
Usd Eps	-	-	0.593	1.081	-45%	1.007	-41%	0.922	-36%	0.762	-22%
Usd Free Cash Flow	-	-	-604000000.000	-301750000.000	-50%	-279250000.000	-54%	-301500000.000	-50%	-163925000.000	-73%
Usd Free Cash Flow Per Share	-	-	-2.266	-1.132	-50%	-1.048	-54%	-1.131	-50%	-0.615	-73%
Usd Free Cash Flow To Equity Per Share	-	-	0.116	0.078	+49%	0.048	+143%	0.039	+195%	0.011	+1007%
Usd Market Cap	19170136805.440	-1%	19279406318.720	21003066262.960	-8%	23558906829.680	-18%	21401766730.928	-10%	17425355863.816	+11%
Usd Price Per Share	71.930	-1%	72.340	78.808	-8%	88.398	-18%	80.304	-10%	65.383	+11%
Usd Profit	-	-	158000000.000	288000000.000	-45%	269750000.000	-41%	246250000.000	-36%	203300000.000	-22%
Usd Revenue	-	-	1618000000.000	1875000000.000	-14%	1989250000.000	-19%	1677750000.000	-4%	1606250000.000	+1%
Usd Total Gains Per Share	-	-	1.771	1.410	+26%	1.330	+33%	1.221	+45%	0.908	+95%
	EOD	+3 -5	MRQ	TTM	+17 -18	YOY	+15 -20	5Y	+15 -20	10Y	+16 -19

4.2. Fundamental Score

Let's check the fundamental score of Ameren Corp based on Penke's default stock scanner.

Penke's Stock Scanner

Indicator	Condition		Value
Price to Earnings Ratio (EOD)	Between	0-15	30.332
Price to Book Ratio (EOD)	Between	0-1	1.670
Net Profit Margin (MRQ)	Greater than	0	0.098
Operating Margin (MRQ)	Greater than	0	0.163
Quick Ratio (MRQ)	Greater than	1	0.286
Current Ratio (MRQ)	Greater than	1	0.652
Debt to Asset Ratio (MRQ)	Less than	1	0.719
Debt to Equity Ratio (MRQ)	Less than	1	2.586
Return on Equity (MRQ)	Greater than	0.15	0.014
Return on Assets (MRQ)	Greater than	0.05	0.004
Total			3/10 (30.0%)

Create your own Stock Scanner

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4.3. Technical Score

Let's check the technical score of Ameren Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	48.771
Ma 20	Greater than	Ma 50	72.406
Ma 50	Greater than	Ma 100	71.523
Ma 100	Greater than	Ma 200	72.315
Open	Greater than	Close	70.970
Total			1/5 (20.0%)

Create your own Symbol Scanner

Trading is personal. The best traders buy and sell based on their own technical analysis. Create your personal Symbol Scanner with the technical indicators that are important to you.
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Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in USD. All numbers in thousands.

Summary

Total Assets	40,830,000
Total Liabilities	29,352,000
Total Stockholder Equity	11,349,000

	As reported
Total Liabilities	29,352,000
Total Stockholder Equity	+ 11,349,000
Total Assets	= 40,830,000

Assets

Total Assets	40,830,000
Total Current Assets	2,181,000
Long-term Assets	38,649,000

Total Current Assets

Total Current Assets (as reported)	2,181,000
Cash And Cash Equivalents	38,000
Net Receivables	919,000
Inventory	733,000
Other Current Assets	491,000
Total Current Assets (calculated)	2,181,000
+/-	0

Long-term Assets

Long-term Assets (as reported)	38,649,000
Property Plant Equipment	33,776,000
Goodwill	411,000
Long Term Investments	1,150,000
Other Assets	4,462,000
Long-term Assets (calculated)	39,799,000
+/-	1,150,000

Liabilities & Shareholders' Equity

Total Current Liabilities	3,345,000
Long-term Liabilities	26,007,000
Total Stockholder Equity	11,349,000

Total Current Liabilities

Total Current Liabilities (as reported)	3,345,000
Short-term Debt	1,385,000
Short Long Term Debt	1,385,000
Accounts payable	1,136,000
Other Current Liabilities	648,000
Total Current Liabilities (calculated)	4,554,000
+/-	1,209,000

Long-term Liabilities

Long-term Liabilities (as reported)	26,007,000
Long term Debt	15,121,000
Long-term Liabilities Other	426,000
Long-term Liabilities (calculated)	15,547,000
+/-	10,460,000

Total Stockholder Equity

Total Stockholder Equity (as reported)	11,349,000
Common Stock	3,000
Retained Earnings	4,136,000
Other Stockholders Equity	7,210,000
Total Stockholder Equity (calculated)	11,349,000
+/-	0

Other

Capital Stock	3,000
Cash and Short Term Investments	38,000
Common Stock Shares Outstanding	264,000
Current Deferred Revenue	176,000
Liabilities and Stockholders Equity	40,830,000
Net Debt	16,468,000
Net Invested Capital	27,855,000
Net Working Capital	-1,164,000
Property Plant and Equipment Gross	49,202,000
Short Long Term Debt Total	16,506,000

Balance Sheet

Currency in USD. All numbers in thousands.

Trend

2023-12-31

2023-09-30

2023-06-30

2023-03-31

2022-12-31

2022-09-30

2022-06-30

2022-03-31

2021-12-31

2021-09-30

2021-06-30

2021-03-31

2020-12-31

2020-09-30

2020-06-30

2020-03-31

2019-12-31

2019-09-30

2019-06-30

2019-03-31

2018-12-31

2018-09-30

2018-06-30

2018-03-31

2017-12-31

2017-09-30

2017-06-30

2017-03-31

2016-12-31

2016-09-30

2016-06-30

2016-03-31

2015-12-31

2015-09-30

2015-06-30

2015-03-31

2014-12-31

2014-09-30

2014-06-30

2014-03-31

2013-12-31

2013-09-30

2013-06-30

2013-03-31

2012-12-31

2012-09-30

2012-06-30

2012-03-31

2011-12-31

2011-09-30

2011-06-30

2011-03-31

2010-12-31

2010-09-30

2010-06-30

2010-03-31

2009-12-31

2009-09-30

2009-06-30

2009-03-31

2008-12-31

2008-09-30

2008-06-30

2008-03-31

2007-12-31

2007-09-30

2007-06-30

2007-03-31

2006-12-31

2006-09-30

2006-06-30

2006-03-31

2005-12-31

2005-09-30

2005-06-30

2005-03-31

2004-12-31

2004-09-30

2004-06-30

2004-03-31

2003-12-31

2003-09-30

2003-06-30

2003-03-31

2002-12-31

2002-09-30

2002-06-30

2002-03-31

2001-12-31

2001-09-30

2001-06-30

2001-03-31

2000-12-31

2000-09-30

2000-06-30

2000-03-31

1999-12-31

1999-09-30

1999-06-30

1999-03-31

1998-12-31

1998-09-30

1998-06-30

1998-03-31

1997-12-31

1997-09-30

1997-06-30

1997-03-31

> Total Assets

0
0
0
8,827,500
8,797,300
8,880,400
9,122,100
8,847,400
8,813,100
8,936,900
9,258,700
9,177,600
9,315,289
9,312,463
9,621,682
9,714,430
9,666,815
10,063,415
10,277,936
10,400,575
10,405,000
10,710,000
11,214,000
11,499,000
13,589,000
13,457,000
13,537,000
14,233,000
14,639,000
14,677,000
17,764,000
17,434,000
17,333,000
17,491,000
18,090,000
18,162,000
18,314,000
18,450,000
18,830,000
19,578,000
19,626,000
20,531,000
20,405,000
20,728,000
20,758,000
21,645,000
21,479,000
22,657,000
23,071,000
23,190,000
23,594,000
23,790,000
23,688,000
23,915,000
23,631,000
23,515,000
23,329,000
23,391,000
23,356,000
23,645,000
22,899,000
22,980,000
23,498,000
21,835,000
21,952,000
22,276,000
22,385,000
21,042,000
21,166,000
21,588,000
21,876,000
22,676,000
22,884,000
23,152,000
23,459,000
23,640,000
23,385,000
23,793,000
24,134,000
24,699,000
24,811,000
25,254,000
25,617,000
25,945,000
26,079,000
26,639,000
26,959,000
27,215,000
27,509,000
28,103,000
28,546,000
28,933,000
29,272,000
30,016,000
30,517,000
32,030,000
32,789,000
33,916,000
34,665,000
35,735,000
36,197,000
37,108,000
37,657,000
37,904,000
38,064,000
38,947,000
39,599,000
40,830,000

40,830,000

39,599,000

38,947,000

38,064,000

37,904,000

37,657,000

37,108,000

36,197,000

35,735,000

34,665,000

33,916,000

32,789,000

32,030,000

30,517,000

30,016,000

29,272,000

28,933,000

28,546,000

28,103,000

27,509,000

27,215,000

26,959,000

26,639,000

26,079,000

25,945,000

25,617,000

25,254,000

24,811,000

24,699,000

24,134,000

23,793,000

23,385,000

23,640,000

23,459,000

23,152,000

22,884,000

22,676,000

21,876,000

21,588,000

21,166,000

21,042,000

22,385,000

22,276,000

21,952,000

21,835,000

23,498,000

22,980,000

22,899,000

23,645,000

23,356,000

23,391,000

23,329,000

23,515,000

23,631,000

23,915,000

23,688,000

23,790,000

23,594,000

23,190,000

23,071,000

22,657,000

21,479,000

21,645,000

20,758,000

20,728,000

20,405,000

20,531,000

19,626,000

19,578,000

18,830,000

18,450,000

18,314,000

18,162,000

18,090,000

17,491,000

17,333,000

17,434,000

17,764,000

14,677,000

14,639,000

14,233,000

13,537,000

13,457,000

13,589,000

11,499,000

11,214,000

10,710,000

10,405,000

10,400,575

10,277,936

10,063,415

9,666,815

9,714,430

9,621,682

9,312,463

9,315,289

9,177,600

9,258,700

8,936,900

8,813,100

8,847,400

9,122,100

8,880,400

8,797,300

8,827,500

> Total Current Assets

0
0
0
711,200
684,500
798,900
1,075,500
771,200
755,700
841,400
1,150,500
879,000
864,539
779,565
1,005,907
921,182
772,084
911,333
983,081
863,514
784,000
976,000
1,460,000
1,452,000
1,291,000
1,177,000
1,310,000
1,317,000
1,687,000
1,652,000
2,142,000
1,582,000
1,438,000
1,565,000
1,983,000
1,818,000
1,463,000
1,545,000
1,737,000
1,874,000
1,860,000
2,565,000
2,341,000
2,480,000
2,303,000
2,766,000
2,547,000
2,515,000
2,757,000
2,664,000
2,780,000
2,842,000
2,658,000
2,830,000
3,120,000
2,894,000
2,715,000
2,603,000
2,680,000
2,295,000
2,124,000
2,154,000
2,406,000
2,369,000
3,296,000
3,408,000
3,273,000
1,972,000
1,840,000
1,965,000
1,942,000
2,046,000
1,993,000
1,991,000
1,983,000
1,917,000
1,458,000
1,594,000
1,599,000
1,593,000
1,450,000
1,571,000
1,581,000
1,612,000
1,567,000
1,685,000
1,640,000
1,533,000
1,422,000
1,514,000
1,495,000
1,431,000
1,464,000
1,620,000
1,590,000
1,653,000
1,823,000
2,116,000
2,204,000
1,968,000
2,031,000
2,396,000
2,518,000
2,668,000
2,062,000
2,019,000
2,084,000
2,181,000

2,181,000

2,084,000

2,019,000

2,062,000

2,668,000

2,518,000

2,396,000

2,031,000

1,968,000

2,204,000

2,116,000

1,823,000

1,653,000

1,590,000

1,620,000

1,464,000

1,431,000

1,495,000

1,514,000

1,422,000

1,533,000

1,640,000

1,685,000

1,567,000

1,612,000

1,581,000

1,571,000

1,450,000

1,593,000

1,599,000

1,594,000

1,458,000

1,917,000

1,983,000

1,991,000

1,993,000

2,046,000

1,942,000

1,965,000

1,840,000

1,972,000

3,273,000

3,408,000

3,296,000

2,369,000

2,406,000

2,154,000

2,124,000

2,295,000

2,680,000

2,603,000

2,715,000

2,894,000

3,120,000

2,830,000

2,658,000

2,842,000

2,780,000

2,664,000

2,757,000

2,515,000

2,547,000

2,766,000

2,303,000

2,480,000

2,341,000

2,565,000

1,860,000

1,874,000

1,737,000

1,545,000

1,463,000

1,818,000

1,983,000

1,565,000

1,438,000

1,582,000

2,142,000

1,652,000

1,687,000

1,317,000

1,310,000

1,177,000

1,291,000

1,452,000

1,460,000

976,000

784,000

863,514

983,081

911,333

772,084

921,182

1,005,907

779,565

864,539

879,000

1,150,500

841,400

755,700

771,200

1,075,500

798,900

684,500

711,200

Cash And Cash Equivalents

0
0
0
9,700
45,800
47,100
62,300
76,900
74,200
54,000
331,100
194,900
39,691
48,901
237,537
125,968
91,469
72,530
112,112
67,092
60,000
150,000
629,000
628,000
294,000
101,000
100,000
111,000
633,000
511,000
647,000
69,000
30,000
27,000
278,000
96,000
29,000
51,000
34,000
137,000
161,000
687,000
170,000
355,000
186,000
205,000
206,000
92,000
304,000
251,000
563,000
622,000
360,000
506,000
608,000
545,000
573,000
378,000
522,000
255,000
208,000
117,000
298,000
209,000
161,000
150,000
169,000
30,000
26,000
46,000
13,000
5,000
6,000
2,000
72,000
292,000
13,000
13,000
18,000
9,000
8,000
10,000
9,000
10,000
30,000
29,000
11,000
16,000
8,000
6,000
20,000
16,000
42,000
8,000
6,000
139,000
6,000
99,000
7,000
8,000
7,000
7,000
7,000
10,000
10,000
7,000
8,000
38,000

38,000

8,000

7,000

10,000

7,000

8,000

7,000

99,000

6,000

139,000

6,000

8,000

42,000

16,000

20,000

6,000

8,000

16,000

11,000

29,000

30,000

10,000

9,000

10,000

8,000

9,000

18,000

13,000

292,000

72,000

2,000

6,000

5,000

13,000

46,000

26,000

30,000

169,000

150,000

161,000

209,000

298,000

117,000

208,000

255,000

522,000

378,000

573,000

545,000

608,000

506,000

360,000

622,000

563,000

251,000

304,000

92,000

206,000

205,000

186,000

355,000

170,000

687,000

161,000

137,000

34,000

51,000

29,000

96,000

278,000

27,000

30,000

69,000

647,000

511,000

633,000

111,000

100,000

101,000

294,000

628,000

629,000

150,000

60,000

67,092

112,112

72,530

91,469

125,968

237,537

48,901

39,691

194,900

331,100

54,000

74,200

76,900

62,300

47,100

45,800

9,700

Short-term Investments

0
0
0
0
0
0
0
0
0
0
0
0
237,600
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,405,000
0
0
0
0
0
0
0
0
324,000
277,000
239,000
0
233,000
166,000
153,000
0
0
0
7,532,000
7,532,000
0
0
0
1,073,000
0
0
0
738,000
0
0
0
823,000
0
0
0
739,000
0
0
0
715,000
0
0
0
676,000
12,000
12,000
15,000
761,000
0
0
0
641,000
0
0
3,386
3,570
3,659,000
3,780,000
3,902,000
3,347,000
0
3,669,000
0
240,000
1,180,000
3,502,000
1,321,000
0

1,321,000

3,502,000

1,180,000

240,000

3,669,000

3,347,000

3,902,000

3,780,000

3,659,000

3,570

3,386

641,000

761,000

15,000

12,000

676,000

715,000

739,000

823,000

738,000

1,073,000

7,532,000

153,000

166,000

233,000

239,000

277,000

324,000

3,405,000

237,600

Net Receivables

0
0
0
419,000
366,600
489,100
522,800
425,600
419,800
504,000
508,200
391,100
328,785
457,083
479,360
530,954
445,368
538,385
559,186
460,361
434,000
534,000
509,000
442,000
540,000
612,000
546,000
547,000
525,000
601,000
731,000
816,000
747,000
819,000
806,000
965,000
899,000
835,000
730,000
887,000
1,080,000
1,088,000
1,212,000
930,000
974,000
918,000
768,000
1,221,000
1,119,000
1,152,000
848,000
1,109,000
1,072,000
1,088,000
1,204,000
1,137,000
1,118,000
1,124,000
1,014,000
866,000
743,000
860,000
870,000
818,000
811,000
808,000
804,000
904,000
990,000
966,000
787,000
769,000
836,000
870,000
855,000
725,000
670,000
838,000
832,000
795,000
752,000
857,000
854,000
838,000
870,000
1,005,000
949,000
837,000
829,000
878,000
807,000
734,000
733,000
885,000
817,000
749,000
735,000
841,000
958,000
820,000
930,000
1,000,000
1,093,000
1,100,000
986,000
923,000
1,022,000
919,000

919,000

1,022,000

923,000

986,000

1,100,000

1,093,000

1,000,000

930,000

820,000

958,000

841,000

735,000

749,000

817,000

885,000

733,000

734,000

807,000

878,000

829,000

837,000

949,000

1,005,000

870,000

838,000

854,000

857,000

752,000

795,000

832,000

838,000

670,000

725,000

855,000

870,000

836,000

769,000

787,000

966,000

990,000

904,000

804,000

808,000

811,000

818,000

870,000

860,000

743,000

866,000

1,014,000

1,124,000

1,118,000

1,137,000

1,204,000

1,088,000

1,072,000

1,109,000

848,000

1,152,000

1,119,000

1,221,000

768,000

918,000

974,000

930,000

1,212,000

1,088,000

1,080,000

887,000

730,000

835,000

899,000

965,000

806,000

819,000

747,000

816,000

731,000

601,000

525,000

547,000

546,000

612,000

540,000

442,000

509,000

534,000

434,000

460,361

559,186

538,385

445,368

530,954

479,360

457,083

328,785

391,100

508,200

504,000

419,800

425,600

522,800

489,100

366,600

419,000

Other Current Assets

0
0
0
54,900
39,200
28,900
252,000
22,900
19,200
27,700
53,300
39,800
272,063
36,850
39,684
37,210
30,888
32,160
35,152
40,939
32,000
29,000
42,000
83,000
103,000
44,000
188,000
172,000
117,000
82,000
159,000
74,000
98,000
70,000
59,000
185,000
112,000
110,000
263,000
203,000
130,000
178,000
202,000
460,000
587,000
924,000
617,000
360,000
353,000
528,000
512,000
208,000
358,000
394,000
409,000
376,000
315,000
288,000
316,000
347,000
381,000
335,000
348,000
95,000
60,000
104,000
108,000
85,000
70,000
68,000
66,000
86,000
91,000
95,000
103,000
88,000
63,000
68,000
76,000
98,000
105,000
97,000
96,000
98,000
84,000
72,000
83,000
63,000
70,000
90,000
106,000
118,000
127,000
131,000
210,000
244,000
114,000
518,000
644,000
548,000
437,000
632,000
723,000
651,000
436,000
378,000
281,000
491,000

491,000

281,000

378,000

436,000

651,000

723,000

632,000

437,000

548,000

644,000

518,000

114,000

244,000

210,000

131,000

127,000

118,000

106,000

90,000

70,000

63,000

83,000

72,000

84,000

98,000

96,000

97,000

105,000

98,000

76,000

68,000

63,000

88,000

103,000

95,000

91,000

86,000

66,000

68,000

70,000

85,000

108,000

104,000

60,000

95,000

348,000

335,000

381,000

347,000

316,000

288,000

315,000

376,000

409,000

394,000

358,000

208,000

512,000

528,000

353,000

360,000

617,000

924,000

587,000

460,000

202,000

178,000

130,000

203,000

263,000

110,000

112,000

185,000

59,000

70,000

98,000

74,000

159,000

82,000

117,000

172,000

188,000

44,000

103,000

83,000

42,000

29,000

32,000

40,939

35,152

32,160

30,888

37,210

39,684

36,850

272,063

39,800

53,300

27,700

19,200

22,900

252,000

28,900

39,200

54,900

> Long-term Assets

0
0
0
8,116,300
8,112,800
8,081,500
8,046,600
8,076,200
8,057,400
8,095,500
8,108,200
8,298,600
8,450,750
8,532,898
8,615,775
8,793,248
8,894,731
9,152,082
9,294,855
9,537,061
9,621,000
9,734,000
9,754,000
10,047,000
12,298,000
12,280,000
12,227,000
12,916,000
12,952,000
13,025,000
15,622,000
15,852,000
15,895,000
15,926,000
16,107,000
16,344,000
16,851,000
16,905,000
17,093,000
17,704,000
17,766,000
17,966,000
18,064,000
18,248,000
18,455,000
18,879,000
18,932,000
20,142,000
20,314,000
20,526,000
20,814,000
20,948,000
21,030,000
21,085,000
20,511,000
20,621,000
20,614,000
20,788,000
20,676,000
21,350,000
20,775,000
20,826,000
21,092,000
19,466,000
18,656,000
18,868,000
19,112,000
19,070,000
19,326,000
19,623,000
19,934,000
20,630,000
20,891,000
21,161,000
21,476,000
21,723,000
21,927,000
22,199,000
22,535,000
23,106,000
23,361,000
23,683,000
24,036,000
24,333,000
24,512,000
24,954,000
25,319,000
25,682,000
26,087,000
26,589,000
27,051,000
27,502,000
27,808,000
28,396,000
28,927,000
30,377,000
30,966,000
31,800,000
32,461,000
33,767,000
34,166,000
34,712,000
35,139,000
35,236,000
36,002,000
36,928,000
37,515,000
38,649,000

38,649,000

37,515,000

36,928,000

36,002,000

35,236,000

35,139,000

34,712,000

34,166,000

33,767,000

32,461,000

31,800,000

30,966,000

30,377,000

28,927,000

28,396,000

27,808,000

27,502,000

27,051,000

26,589,000

26,087,000

25,682,000

25,319,000

24,954,000

24,512,000

24,333,000

24,036,000

23,683,000

23,361,000

23,106,000

22,535,000

22,199,000

21,927,000

21,723,000

21,476,000

21,161,000

20,891,000

20,630,000

19,934,000

19,623,000

19,326,000

19,070,000

19,112,000

18,868,000

18,656,000

19,466,000

21,092,000

20,826,000

20,775,000

21,350,000

20,676,000

20,788,000

20,614,000

20,621,000

20,511,000

21,085,000

21,030,000

20,948,000

20,814,000

20,526,000

20,314,000

20,142,000

18,932,000

18,879,000

18,455,000

18,248,000

18,064,000

17,966,000

17,766,000

17,704,000

17,093,000

16,905,000

16,851,000

16,344,000

16,107,000

15,926,000

15,895,000

15,852,000

15,622,000

13,025,000

12,952,000

12,916,000

12,227,000

12,280,000

12,298,000

10,047,000

9,754,000

9,734,000

9,621,000

9,537,061

9,294,855

9,152,082

8,894,731

8,793,248

8,615,775

8,532,898

8,450,750

8,298,600

8,108,200

8,095,500

8,057,400

8,076,200

8,046,600

8,081,500

8,112,800

8,116,300

Property Plant Equipment

0
0
0
6,987,100
6,961,300
6,949,800
6,924,400
6,928,000
6,910,600
6,957,200
6,996,500
7,165,200
7,294,892
7,426,793
7,528,343
7,705,672
7,816,819
8,057,790
8,225,397
8,426,562
8,478,000
8,624,000
8,689,000
8,914,000
10,182,000
10,197,000
10,152,000
10,917,000
10,963,000
11,052,000
13,052,000
13,297,000
13,332,000
13,397,000
13,402,000
13,572,000
13,854,000
13,920,000
14,028,000
14,286,000
14,353,000
14,538,000
14,729,000
15,069,000
15,294,000
15,566,000
15,977,000
16,567,000
16,781,000
17,006,000
17,272,000
17,610,000
17,671,000
17,747,000
17,655,000
17,853,000
17,888,000
17,945,000
17,873,000
18,127,000
17,535,000
17,690,000
17,833,000
16,096,000
15,408,000
15,601,000
15,834,000
16,205,000
16,425,000
16,726,000
16,991,000
17,424,000
17,700,000
17,986,000
18,307,000
18,799,000
19,000,000
19,324,000
19,647,000
20,113,000
20,298,000
20,589,000
20,906,000
21,466,000
21,666,000
21,998,000
22,379,000
22,810,000
23,044,000
23,479,000
23,894,000
24,376,000
24,678,000
25,081,000
25,541,000
26,807,000
27,307,000
28,020,000
28,559,000
29,261,000
29,578,000
30,086,000
30,608,000
31,262,000
31,735,000
32,351,000
32,938,000
33,776,000

33,776,000

32,938,000

32,351,000

31,735,000

31,262,000

30,608,000

30,086,000

29,578,000

29,261,000

28,559,000

28,020,000

27,307,000

26,807,000

25,541,000

25,081,000

24,678,000

24,376,000

23,894,000

23,479,000

23,044,000

22,810,000

22,379,000

21,998,000

21,666,000

21,466,000

20,906,000

20,589,000

20,298,000

20,113,000

19,647,000

19,324,000

19,000,000

18,799,000

18,307,000

17,986,000

17,700,000

17,424,000

16,991,000

16,726,000

16,425,000

16,205,000

15,834,000

15,601,000

15,408,000

16,096,000

17,833,000

17,690,000

17,535,000

18,127,000

17,873,000

17,945,000

17,888,000

17,853,000

17,655,000

17,747,000

17,671,000

17,610,000

17,272,000

17,006,000

16,781,000

16,567,000

15,977,000

15,566,000

15,294,000

15,069,000

14,729,000

14,538,000

14,353,000

14,286,000

14,028,000

13,920,000

13,854,000

13,572,000

13,402,000

13,397,000

13,332,000

13,297,000

13,052,000

11,052,000

10,963,000

10,917,000

10,152,000

10,197,000

10,182,000

8,914,000

8,689,000

8,624,000

8,478,000

8,426,562

8,225,397

8,057,790

7,816,819

7,705,672

7,528,343

7,426,793

7,294,892

7,165,200

6,996,500

6,957,200

6,910,600

6,928,000

6,924,400

6,949,800

6,961,300

6,987,100

Goodwill

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
320,000
307,000
303,000
326,000
0
326,000
326,000
326,000
830,000
542,000
214,000
214,000
214,000
214,000
214,000
214,000
831,000
831,000
831,000
831,000
831,000
831,000
831,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000

411,000

831,000

214,000

542,000

830,000

326,000

303,000

307,000

320,000

Long Term Investments

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
9,000
0
0
0
293,000
295,000
293,000
296,000
292,000
754,000
783,000
798,000
847,000
742,000
854,000
904,000
982,000
1,010,000
1,070,000
1,076,000
1,159,000
1,094,000
957,000
910,000
958,000
1,019,000
1,075,000
1,042,000
1,150,000

1,150,000

1,042,000

1,075,000

1,019,000

958,000

910,000

957,000

1,094,000

1,159,000

1,076,000

1,070,000

1,010,000

982,000

904,000

854,000

742,000

847,000

798,000

783,000

754,000

292,000

296,000

293,000

295,000

293,000

9,000

Intangible Assets

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
621,000
620,000
630,000
574,000
565,000
565,000
979,000
620,000
620,000
631,000
631,000
1,222,000
914,000
900,000
878,000
217,000
46,000
823,000
814,000
815,000
806,000
794,000
784,000
167,000
160,000
150,000
138,000
129,000
124,000
113,000
9,000
7,000
7,000
4,000
6,000
7,000
9,000
12,000
14,000
16,000
16,000
18,000
19,000
22,000
17,000
19,000
20,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
411,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

411,000

20,000

19,000

17,000

22,000

19,000

18,000

16,000

14,000

12,000

9,000

7,000

6,000

4,000

7,000

9,000

113,000

124,000

129,000

138,000

150,000

160,000

167,000

784,000

794,000

806,000

815,000

814,000

823,000

46,000

217,000

878,000

900,000

914,000

1,222,000

631,000

620,000

979,000

565,000

574,000

630,000

620,000

621,000

Other Assets

0
0
0
0
0
0
0
0
0
0
0
0
1,155,858
1,106,105
1,087,432
1,087,576
1,077,912
1,094,292
1,069,458
1,110,499
1,143,000
1,110,000
1,065,000
1,133,000
2,116,000
2,083,000
2,075,000
1,999,000
1,989,000
1,973,000
2,570,000
2,555,000
2,563,000
2,529,000
2,705,000
2,772,000
2,997,000
2,985,000
3,065,000
3,418,000
3,413,000
3,428,000
3,335,000
3,179,000
3,161,000
3,313,000
2,955,000
3,575,000
3,533,000
3,520,000
3,542,000
3,338,000
3,359,000
3,338,000
2,856,000
2,768,000
2,726,000
2,843,000
2,803,000
3,223,000
3,240,000
3,136,000
3,259,000
3,370,000
3,248,000
3,267,000
3,278,000
2,865,000
2,901,000
2,897,000
2,943,000
3,206,000
3,191,000
3,175,000
3,169,000
2,924,000
2,927,000
2,875,000
2,888,000
2,993,000
3,063,000
3,094,000
3,130,000
2,867,000
2,140,000
2,252,000
2,233,000
2,169,000
1,842,000
2,371,000
2,411,000
2,388,000
2,425,000
2,608,000
2,678,000
3,159
2,951,000
3,065,000
3,491,000
4,095,000
3,869,000
4,215,000
4,120,000
2,605,000
2,840,000
3,091,000
3,124,000
4,462,000

4,462,000

3,124,000

3,091,000

2,840,000

2,605,000

4,120,000

4,215,000

3,869,000

4,095,000

3,491,000

3,065,000

2,951,000

3,159

2,678,000

2,608,000

2,425,000

2,388,000

2,411,000

2,371,000

1,842,000

2,169,000

2,233,000

2,252,000

2,140,000

2,867,000

3,130,000

3,094,000

3,063,000

2,993,000

2,888,000

2,875,000

2,927,000

2,924,000

3,169,000

3,175,000

3,191,000

3,206,000

2,943,000

2,897,000

2,901,000

2,865,000

3,278,000

3,267,000

3,248,000

3,370,000

3,259,000

3,136,000

3,240,000

3,223,000

2,803,000

2,843,000

2,726,000

2,768,000

2,856,000

3,338,000

3,359,000

3,338,000

3,542,000

3,520,000

3,533,000

3,575,000

2,955,000

3,313,000

3,161,000

3,179,000

3,335,000

3,428,000

3,413,000

3,418,000

3,065,000

2,985,000

2,997,000

2,772,000

2,705,000

2,529,000

2,563,000

2,555,000

2,570,000

1,973,000

1,989,000

1,999,000

2,075,000

2,083,000

2,116,000

1,133,000

1,065,000

1,110,000

1,143,000

1,110,499

1,069,458

1,094,292

1,077,912

1,087,576

1,087,432

1,106,105

1,155,858

> Total Liabilities

0
0
0
5,569,800
5,587,100
5,673,800
5,766,100
5,552,600
5,551,000
5,675,400
5,834,500
5,848,700
6,012,175
5,983,133
6,124,214
6,278,622
6,269,361
6,660,849
6,682,491
6,813,084
6,670,000
6,917,000
6,959,000
7,449,000
9,228,000
9,066,000
8,969,000
9,675,000
9,231,000
9,232,000
11,723,000
11,425,000
11,481,000
11,212,000
11,619,000
11,781,000
11,983,000
12,086,000
12,263,000
12,979,000
13,051,000
13,894,000
13,629,000
13,954,000
13,981,000
14,804,000
14,412,000
15,478,000
15,798,000
15,836,000
15,548,000
15,730,000
15,578,000
15,715,000
15,722,000
15,631,000
15,449,000
15,448,000
15,204,000
15,577,000
15,320,000
15,280,000
15,472,000
15,068,000
15,436,000
15,751,000
15,660,000
14,356,000
14,511,000
14,874,000
14,960,000
15,821,000
16,038,000
16,246,000
16,303,000
16,552,000
16,374,000
16,729,000
16,799,000
17,454,000
17,605,000
17,954,000
18,130,000
18,619,000
18,707,000
19,111,000
19,161,000
19,442,000
19,662,000
20,170,000
20,342,000
20,732,000
21,045,000
21,647,000
21,886,000
22,950,000
23,512,000
24,434,000
24,851,000
25,906,000
26,262,000
27,099,000
27,327,000
27,267,000
27,328,000
28,121,000
28,427,000
29,352,000

29,352,000

28,427,000

28,121,000

27,328,000

27,267,000

27,327,000

27,099,000

26,262,000

25,906,000

24,851,000

24,434,000

23,512,000

22,950,000

21,886,000

21,647,000

21,045,000

20,732,000

20,342,000

20,170,000

19,662,000

19,442,000

19,161,000

19,111,000

18,707,000

18,619,000

18,130,000

17,954,000

17,605,000

17,454,000

16,799,000

16,729,000

16,374,000

16,552,000

16,303,000

16,246,000

16,038,000

15,821,000

14,960,000

14,874,000

14,511,000

14,356,000

15,660,000

15,751,000

15,436,000

15,068,000

15,472,000

15,280,000

15,320,000

15,577,000

15,204,000

15,448,000

15,449,000

15,631,000

15,722,000

15,715,000

15,578,000

15,730,000

15,548,000

15,836,000

15,798,000

15,478,000

14,412,000

14,804,000

13,981,000

13,954,000

13,629,000

13,894,000

13,051,000

12,979,000

12,263,000

12,086,000

11,983,000

11,781,000

11,619,000

11,212,000

11,481,000

11,425,000

11,723,000

9,232,000

9,231,000

9,675,000

8,969,000

9,066,000

9,228,000

7,449,000

6,959,000

6,917,000

6,670,000

6,813,084

6,682,491

6,660,849

6,269,361

6,278,622

6,124,214

5,983,133

6,012,175

5,848,700

5,834,500

5,675,400

5,551,000

5,552,600

5,766,100

5,673,800

5,587,100

5,569,800

> Total Current Liabilities

0
0
0
747,000
720,600
783,900
1,077,600
954,700
941,000
985,700
1,198,300
1,077,200
1,345,453
1,188,266
1,465,396
1,185,961
1,147,246
1,285,505
1,486,529
1,581,024
919,000
989,000
1,030,000
1,201,000
1,057,000
1,263,000
1,249,000
1,457,000
1,016,000
1,034,000
1,374,000
1,807,000
1,675,000
1,380,000
1,396,000
1,487,000
1,499,000
1,408,000
1,840,000
2,202,000
2,249,000
2,820,000
2,504,000
2,902,000
3,510,000
3,078,000
2,918,000
3,063,000
2,881,000
2,545,000
1,926,000
1,711,000
1,640,000
1,760,000
1,914,000
1,888,000
1,837,000
1,727,000
1,848,000
1,785,000
1,614,000
1,603,000
1,546,000
1,698,000
2,577,000
3,286,000
3,228,000
2,461,000
2,725,000
2,312,000
2,119,000
2,249,000
2,520,000
2,556,000
2,489,000
2,093,000
1,839,000
2,430,000
2,291,000
2,674,000
2,762,000
2,765,000
2,581,000
2,940,000
3,345,000
2,711,000
2,580,000
2,687,000
2,392,000
2,752,000
2,285,000
2,505,000
2,367,000
2,000,000
2,105,000
2,180,000
2,307,000
2,177,000
2,357,000
2,826,000
3,145,000
3,588,000
3,175,000
3,366,000
2,757,000
3,243,000
4,017,000
3,345,000

3,345,000

4,017,000

3,243,000

2,757,000

3,366,000

3,175,000

3,588,000

3,145,000

2,826,000

2,357,000

2,177,000

2,307,000

2,180,000

2,105,000

2,000,000

2,367,000

2,505,000

2,285,000

2,752,000

2,392,000

2,687,000

2,580,000

2,711,000

3,345,000

2,940,000

2,581,000

2,765,000

2,762,000

2,674,000

2,291,000

2,430,000

1,839,000

2,093,000

2,489,000

2,556,000

2,520,000

2,249,000

2,119,000

2,312,000

2,725,000

2,461,000

3,228,000

3,286,000

2,577,000

1,698,000

1,546,000

1,603,000

1,614,000

1,785,000

1,848,000

1,727,000

1,837,000

1,888,000

1,914,000

1,760,000

1,640,000

1,711,000

1,926,000

2,545,000

2,881,000

3,063,000

2,918,000

3,078,000

3,510,000

2,902,000

2,504,000

2,820,000

2,249,000

2,202,000

1,840,000

1,408,000

1,499,000

1,487,000

1,396,000

1,380,000

1,675,000

1,807,000

1,374,000

1,034,000

1,016,000

1,457,000

1,249,000

1,263,000

1,057,000

1,201,000

1,030,000

989,000

919,000

1,581,024

1,486,529

1,285,505

1,147,246

1,185,961

1,465,396

1,188,266

1,345,453

1,077,200

1,198,300

985,700

941,000

954,700

1,077,600

783,900

720,600

747,000

Short-term Debt

0
0
0
138,500
157,300
159,700
320,900
260,200
247,200
211,100
237,200
209,100
532,876
393,279
529,440
247,704
318,262
471,427
506,535
780,297
242,000
189,000
261,000
610,000
358,000
587,000
502,000
659,000
333,000
326,000
294,000
840,000
772,000
511,000
370,000
289,000
614,000
521,000
776,000
1,068,000
1,256,000
1,822,000
1,405,000
1,693,000
2,440,000
1,735,000
1,676,000
1,554,000
1,377,000
1,094,000
563,000
224,000
204,000
354,000
479,000
424,000
489,000
342,000
528,000
327,000
305,000
209,000
211,000
355,000
355,000
909,000
884,000
902,000
1,348,000
912,000
872,000
834,000
1,335,000
1,281,000
1,178,000
696,000
716,000
1,209,000
1,039,000
1,239,000
1,595,000
1,470,000
1,223,000
1,325,000
2,130,000
1,353,000
1,170,000
1,177,000
1,135,000
1,335,000
880,000
882,000
972,000
477,000
629,000
498,000
897,000
439,000
610,000
1,050,000
1,606,000
1,626,000
1,376,000
1,410,000
1,348,000
1,679,000
2,189,000
1,385,000

1,385,000

2,189,000

1,679,000

1,348,000

1,410,000

1,376,000

1,626,000

1,606,000

1,050,000

610,000

439,000

897,000

498,000

629,000

477,000

972,000

882,000

880,000

1,335,000

1,135,000

1,177,000

1,170,000

1,353,000

2,130,000

1,325,000

1,223,000

1,470,000

1,595,000

1,239,000

1,039,000

1,209,000

716,000

696,000

1,178,000

1,281,000

1,335,000

834,000

872,000

912,000

1,348,000

902,000

884,000

909,000

355,000

211,000

209,000

305,000

327,000

528,000

342,000

489,000

424,000

479,000

354,000

204,000

224,000

563,000

1,094,000

1,377,000

1,554,000

1,676,000

1,735,000

2,440,000

1,693,000

1,405,000

1,822,000

1,256,000

1,068,000

776,000

521,000

614,000

289,000

370,000

511,000

772,000

840,000

294,000

326,000

333,000

659,000

502,000

587,000

358,000

610,000

261,000

189,000

242,000

780,297

506,535

471,427

318,262

247,704

529,440

393,279

532,876

209,100

237,200

211,100

247,200

260,200

320,900

159,700

157,300

138,500

Short Long Term Debt

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
120,000
0
0
0
395,000
716,000
1,209,000
1,039,000
681,000
8,192,000
8,291,000
777,000
841,000
1,170,000
847,000
649,000
573,000
1,135,000
1,335,000
880,000
882,000
972,000
477,000
629,000
498,000
897,000
439,000
610,000
1,050,000
1,606,000
1,626,000
1,376,000
1,410,000
1,348,000
1,679,000
2,189,000
1,385,000

1,385,000

2,189,000

1,679,000

1,348,000

1,410,000

1,376,000

1,626,000

1,606,000

1,050,000

610,000

439,000

897,000

498,000

629,000

477,000

972,000

882,000

880,000

1,335,000

1,135,000

573,000

649,000

847,000

1,170,000

841,000

777,000

8,291,000

8,192,000

681,000

1,039,000

1,209,000

716,000

395,000

120,000

Accounts payable

0
0
0
293,400
148,600
163,300
203,200
297,200
181,000
250,900
262,600
341,300
179,890
244,667
254,979
462,924
251,338
314,609
287,060
392,169
174,000
253,000
175,000
369,000
295,000
297,000
275,000
480,000
249,000
273,000
320,000
567,000
365,000
370,000
461,000
706,000
338,000
404,000
382,000
671,000
454,000
455,000
415,000
687,000
443,000
527,000
509,000
813,000
519,000
523,000
443,000
694,000
427,000
465,000
414,000
651,000
401,000
482,000
410,000
693,000
366,000
479,000
458,000
625,000
341,000
428,000
414,000
806,000
559,000
575,000
466,000
711,000
434,000
486,000
525,000
777,000
429,000
499,000
513,000
805,000
460,000
522,000
548,000
902,000
497,000
565,000
591,000
817,000
522,000
593,000
598,000
874,000
544,000
616,000
640,000
958,000
581,000
779,000
811,000
1,095,000
690,000
897,000
820,000
1,159,000
664,000
719,000
955,000
1,136,000

1,136,000

955,000

719,000

664,000

1,159,000

820,000

897,000

690,000

1,095,000

811,000

779,000

581,000

958,000

640,000

616,000

544,000

874,000

598,000

593,000

522,000

817,000

591,000

565,000

497,000

902,000

548,000

522,000

460,000

805,000

513,000

499,000

429,000

777,000

525,000

486,000

434,000

711,000

466,000

575,000

559,000

806,000

414,000

428,000

341,000

625,000

458,000

479,000

366,000

693,000

410,000

482,000

401,000

651,000

414,000

465,000

427,000

694,000

443,000

523,000

519,000

813,000

509,000

527,000

443,000

687,000

415,000

455,000

454,000

671,000

382,000

404,000

338,000

706,000

461,000

370,000

365,000

567,000

320,000

273,000

249,000

480,000

275,000

297,000

295,000

369,000

175,000

253,000

174,000

392,169

287,060

314,609

251,338

462,924

254,979

244,667

179,890

341,300

262,600

250,900

181,000

297,200

203,200

163,300

148,600

293,400

Other Current Liabilities

0
0
0
315,100
414,700
-100
100
397,300
512,800
523,700
-100
526,800
632,687
550,320
680,977
475,333
577,646
499,469
692,934
408,558
503,000
547,000
594,000
222,000
404,000
379,000
472,000
318,000
434,000
435,000
760,000
335,000
538,000
499,000
565,000
-1,477,000
547,000
483,000
682,000
463,000
539,000
543,000
684,000
374,000
627,000
778,000
684,000
646,000
944,000
888,000
874,000
747,000
966,000
898,000
978,000
713,000
847,000
803,000
812,000
667,000
845,000
818,000
781,000
610,000
1,771,000
1,839,000
1,824,000
648,000
738,000
750,000
710,000
544,000
675,000
716,000
716,000
551,000
596,000
622,000
635,000
523,000
601,000
665,000
702,000
605,000
603,000
679,000
693,000
577,000
624,000
753,000
643,000
672,000
851,000
781,000
727,000
720,789
617,000
652,000
602,000
629,000
849,000
-561,000
-691,000
-902,000
745,000
734,000
741,000
648,000

648,000

741,000

734,000

745,000

-902,000

-691,000

-561,000

849,000

629,000

602,000

652,000

617,000

720,789

727,000

781,000

851,000

672,000

643,000

753,000

624,000

577,000

693,000

679,000

603,000

605,000

702,000

665,000

601,000

523,000

635,000

622,000

596,000

551,000

716,000

675,000

544,000

710,000

750,000

738,000

648,000

1,824,000

1,839,000

1,771,000

610,000

781,000

818,000

845,000

667,000

812,000

803,000

847,000

713,000

978,000

898,000

966,000

747,000

874,000

888,000

944,000

646,000

684,000

778,000

627,000

374,000

684,000

543,000

539,000

463,000

682,000

483,000

547,000

-1,477,000

565,000

499,000

538,000

335,000

760,000

435,000

434,000

318,000

472,000

379,000

404,000

222,000

594,000

547,000

503,000

408,558

692,934

499,469

577,646

475,333

680,977

550,320

632,687

526,800

-100

523,700

512,800

397,300

100

-100

414,700

315,100

> Long-term Liabilities

0
0
0
4,253,400
4,870,000
4,893,000
4,692,000
4,614,000
4,614,000
4,693,000
4,640,000
4,776,000
4,671,000
4,799,000
4,663,000
5,097,000
5,126,000
5,378,000
5,199,000
5,236,000
5,755,000
5,941,000
5,943,000
6,915,000
8,187,000
7,822,000
7,720,000
8,222,000
8,217,000
8,202,000
10,342,000
9,640,000
9,605,000
9,632,000
10,024,000
10,106,000
10,287,000
10,479,000
10,229,000
10,654,000
10,625,000
10,898,000
10,950,000
10,877,000
10,299,000
11,555,000
11,323,000
12,631,000
12,917,000
13,291,000
13,622,000
14,019,000
13,938,000
13,955,000
13,808,000
13,743,000
13,612,000
13,721,000
13,356,000
13,792,000
13,706,000
13,677,000
13,926,000
13,370,000
12,859,000
12,465,000
12,432,000
11,895,000
11,786,000
12,562,000
12,841,000
13,572,000
13,518,000
13,690,000
13,814,000
14,459,000
14,535,000
14,299,000
14,508,000
14,780,000
14,843,000
15,189,000
15,549,000
15,679,000
15,362,000
16,400,000
16,581,000
16,755,000
17,270,000
17,418,000
18,057,000
18,227,000
18,678,000
19,647,000
19,781,000
20,770,000
21,205,000
22,257,000
22,494,000
23,080,000
23,117,000
23,511,000
24,152,000
23,901,000
24,571,000
24,878,000
24,410,000
26,007,000

26,007,000

24,410,000

24,878,000

24,571,000

23,901,000

24,152,000

23,511,000

23,117,000

23,080,000

22,494,000

22,257,000

21,205,000

20,770,000

19,781,000

19,647,000

18,678,000

18,227,000

18,057,000

17,418,000

17,270,000

16,755,000

16,581,000

16,400,000

15,362,000

15,679,000

15,549,000

15,189,000

14,843,000

14,780,000

14,508,000

14,299,000

14,535,000

14,459,000

13,814,000

13,690,000

13,518,000

13,572,000

12,841,000

12,562,000

11,786,000

11,895,000

12,432,000

12,465,000

12,859,000

13,370,000

13,926,000

13,677,000

13,706,000

13,792,000

13,356,000

13,721,000

13,612,000

13,743,000

13,808,000

13,955,000

13,938,000

14,019,000

13,622,000

13,291,000

12,917,000

12,631,000

11,323,000

11,555,000

10,299,000

10,877,000

10,950,000

10,898,000

10,625,000

10,654,000

10,229,000

10,479,000

10,287,000

10,106,000

10,024,000

9,632,000

9,605,000

9,640,000

10,342,000

8,202,000

8,217,000

8,222,000

7,720,000

7,822,000

8,187,000

6,915,000

5,943,000

5,941,000

5,755,000

5,236,000

5,199,000

5,378,000

5,126,000

5,097,000

4,663,000

4,799,000

4,671,000

4,776,000

4,640,000

4,693,000

4,614,000

4,692,000

4,893,000

4,870,000

4,253,400

Long term Debt Total

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5,274,000
5,274,000
5,504,000
5,226,000
5,825,000
5,825,000
6,120,000
5,860,000
5,981,000
5,981,000
6,880,000
6,881,000
6,605,000
6,607,000
6,595,000
6,597,000
6,821,000
6,922,000
7,094,000
6,766,000
7,613,000
7,614,000
7,859,000
8,221,000
8,222,000
8,651,000
8,915,000
9,378,000
10,171,000
10,172,000
11,078,000
11,527,000
12,492,000
12,444,000
12,562,000
12,563,000
12,985,000
13,577,000
13,685,000
14,181,000
14,328,000
13,829,000
0

13,829,000

14,328,000

14,181,000

13,685,000

13,577,000

12,985,000

12,563,000

12,562,000

12,444,000

12,492,000

11,527,000

11,078,000

10,172,000

10,171,000

9,378,000

8,915,000

8,651,000

8,222,000

8,221,000

7,859,000

7,614,000

7,613,000

6,766,000

7,094,000

6,922,000

6,821,000

6,597,000

6,595,000

6,607,000

6,605,000

6,881,000

6,880,000

5,981,000

5,860,000

6,120,000

5,825,000

5,226,000

5,504,000

5,274,000

Other Liabilities

0
0
0
0
0
0
0
0
0
0
0
0
670,627
630,139
649,448
642,937
668,625
677,043
662,024
675,830
754,000
731,000
691,000
959,000
1,513,000
1,506,000
1,507,000
2,123,000
2,178,000
2,206,000
2,407,000
2,552,000
2,602,000
2,619,000
2,696,000
2,628,000
2,663,000
2,678,000
2,727,000
3,017,000
3,213,000
3,198,000
3,262,000
2,995,000
3,099,000
3,161,000
2,982,000
3,630,000
3,761,000
3,681,000
3,777,000
3,428,000
3,499,000
3,487,000
3,518,000
3,454,000
3,463,000
3,459,000
3,294,000
3,721,000
3,841,000
3,725,000
3,686,000
3,880,000
3,753,000
3,776,000
3,671,000
3,162,000
3,158,000
3,151,000
3,112,000
3,465,000
3,629,000
3,714,000
3,687,000
3,634,000
3,667,000
3,609,000
3,590,000
3,866,000
3,872,000
3,872,000
3,856,000
6,030,000
8,596,000
8,787,000
8,967,000
8,896,000
9,020,000
9,168,000
9,376,000
9,283,000
9,300,000
9,476,000
9,609,000
9,692,000
9,678,000
9,765,000
10,050,000
10,518,000
10,554,000
10,526,000
10,575,000
10,216,000
0
0
10,581,000
0

10,581,000

10,216,000

10,575,000

10,526,000

10,554,000

10,518,000

10,050,000

9,765,000

9,678,000

9,692,000

9,609,000

9,476,000

9,300,000

9,283,000

9,376,000

9,168,000

9,020,000

8,896,000

8,967,000

8,787,000

8,596,000

6,030,000

3,856,000

3,872,000

3,866,000

3,590,000

3,609,000

3,667,000

3,634,000

3,687,000

3,714,000

3,629,000

3,465,000

3,112,000

3,151,000

3,158,000

3,162,000

3,671,000

3,776,000

3,753,000

3,880,000

3,686,000

3,725,000

3,841,000

3,721,000

3,294,000

3,459,000

3,463,000

3,454,000

3,518,000

3,487,000

3,499,000

3,428,000

3,777,000

3,681,000

3,761,000

3,630,000

2,982,000

3,161,000

3,099,000

2,995,000

3,262,000

3,198,000

3,213,000

3,017,000

2,727,000

2,678,000

2,663,000

2,628,000

2,696,000

2,619,000

2,602,000

2,552,000

2,407,000

2,206,000

2,178,000

2,123,000

1,507,000

1,506,000

1,513,000

959,000

691,000

731,000

754,000

675,830

662,024

677,043

668,625

642,937

649,448

630,139

670,627

Deferred Long Term Liability

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,582,000
0
0
0
1,382,000
0
0
0
1,437,000
0
0
0
1,230,000
1,205,000
1,205,000
1,130,000
1,127,000
1,134,000
1,175,000
1,168,000
992,000
1,092,000
1,133,000
1,078,000
1,100,000
1,249,000
1,272,000
1,235,000
1,289,000
1,377,000
1,487,000
1,405,000
1,426,000
0
0
1,772,000
0

1,772,000

1,426,000

1,405,000

1,487,000

1,377,000

1,289,000

1,235,000

1,272,000

1,249,000

1,100,000

1,078,000

1,133,000

1,092,000

992,000

1,168,000

1,175,000

1,134,000

1,127,000

1,130,000

1,205,000

1,230,000

1,437,000

1,382,000

1,582,000

> Total Stockholder Equity

0
0
0
3,254,200
3,206,700
3,203,100
3,352,500
3,291,300
3,258,600
3,258,000
3,420,700
3,324,900
3,299,126
3,325,360
3,493,513
3,431,868
3,393,920
3,399,032
3,591,911
3,583,957
3,731,000
3,780,000
4,241,000
4,035,000
4,345,000
4,372,000
4,547,000
4,536,000
5,385,000
5,420,000
6,028,000
5,995,000
5,838,000
6,264,000
6,456,000
6,364,000
6,314,000
6,349,000
6,548,000
6,583,000
6,557,000
6,618,000
6,756,000
6,752,000
6,754,000
6,817,000
7,043,000
7,158,000
7,061,000
7,147,000
7,840,000
7,853,000
7,901,000
7,991,000
7,754,000
7,730,000
7,725,000
7,788,000
7,997,000
7,919,000
7,432,000
7,555,000
7,874,000
6,616,000
6,365,000
6,374,000
6,574,000
6,544,000
6,513,000
6,572,000
6,774,000
6,713,000
6,704,000
6,764,000
7,014,000
6,946,000
6,869,000
6,922,000
7,193,000
7,103,000
7,064,000
7,158,000
7,345,000
7,184,000
7,230,000
7,386,000
7,656,000
7,631,000
7,705,000
7,791,000
8,062,000
8,059,000
8,085,000
8,227,000
8,489,000
8,938,000
9,148,000
9,353,000
9,685,000
9,700,000
9,806,000
9,880,000
10,201,000
10,508,000
10,607,000
10,697,000
11,043,000
11,349,000

11,349,000

11,043,000

10,697,000

10,607,000

10,508,000

10,201,000

9,880,000

9,806,000

9,700,000

9,685,000

9,353,000

9,148,000

8,938,000

8,489,000

8,227,000

8,085,000

8,059,000

8,062,000

7,791,000

7,705,000

7,631,000

7,656,000

7,386,000

7,230,000

7,184,000

7,345,000

7,158,000

7,064,000

7,103,000

7,193,000

6,922,000

6,869,000

6,946,000

7,014,000

6,764,000

6,704,000

6,713,000

6,774,000

6,572,000

6,513,000

6,544,000

6,574,000

6,374,000

6,365,000

6,616,000

7,874,000

7,555,000

7,432,000

7,919,000

7,997,000

7,788,000

7,725,000

7,730,000

7,754,000

7,991,000

7,901,000

7,853,000

7,840,000

7,147,000

7,061,000

7,158,000

7,043,000

6,817,000

6,754,000

6,752,000

6,756,000

6,618,000

6,557,000

6,583,000

6,548,000

6,349,000

6,314,000

6,364,000

6,456,000

6,264,000

5,838,000

5,995,000

6,028,000

5,420,000

5,385,000

4,536,000

4,547,000

4,372,000

4,345,000

4,035,000

4,241,000

3,780,000

3,731,000

3,583,957

3,591,911

3,399,032

3,393,920

3,431,868

3,493,513

3,325,360

3,299,126

3,324,900

3,420,700

3,258,000

3,258,600

3,291,300

3,352,500

3,203,100

3,206,700

3,254,200

Common Stock

0
0
0
1,400
1,400
1,400
1,400
1,400
1,400
1,400
1,400
1,400
1,372
1,372
1,372
1,372
1,372
1,372
1,375
1,380
1,000
1,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
3,000
3,000
3,000
3,000
3,000
3,000
3,000
3,000
3,000
3,000
3,000
3,000
3,000

3,000

2,000

1,000

1,380

1,375

1,372

1,400

Retained Earnings Total Equity

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
8,046,000
8,060,000
8,110,000
0
0
0
0
0
0
0
0
7,700,000
8,026,000
0
0
762,000
967,000
907,000
906,000
957,000
1,154,000
1,103,000
1,111,000
1,161,000
1,405,000
1,331,000
1,333,000
1,376,000
1,643,000
1,568,000
1,563,000
1,649,000
1,830,000
1,660,000
1,699,000
1,827,000
2,073,000
2,024,000
2,099,000
2,161,000
2,408,000
2,380,000
2,404,000
2,525,000
2,769,000
2,757,000
2,850,000
2,915,000
3,199,000
3,182,000
3,282,000
3,336,000
3,636,000
3,646,000
3,745,000
3,817,000
0
0

3,817,000

3,745,000

3,646,000

3,636,000

3,336,000

3,282,000

3,182,000

3,199,000

2,915,000

2,850,000

2,757,000

2,769,000

2,525,000

2,404,000

2,380,000

2,408,000

2,161,000

2,099,000

2,024,000

2,073,000

1,827,000

1,699,000

1,660,000

1,830,000

1,649,000

1,563,000

1,568,000

1,643,000

1,376,000

1,333,000

1,331,000

1,405,000

1,161,000

1,111,000

1,103,000

1,154,000

957,000

906,000

907,000

967,000

762,000

8,026,000

7,700,000

8,110,000

8,060,000

8,046,000

Accumulated Other Comprehensive Income

0
0
0
-5,285,400
-5,361,900
-5,440,500
-5,527,700
-5,602,800
-5,688,900
-5,771,400
-5,839,500
-5,891,300
-5,967,122
-6,059,772
-6,159,140
-6,204,367
-9,512
-10,871
-9,872
-384
-10,000
-7,000
-3,000
-102,000
-110,000
-110,000
-113,000
-53,000
-58,000
-55,000
-39,000
-55,000
-43,000
-44,000
-30,000
-36,000
-54,000
-42,000
-26,000
62,000
23,000
42,000
41,000
36,000
-19,000
-66,000
51,000
4,000
6,000
-13,000
-21,000
-16,000
-4,000
-13,000
-10,000
-17,000
-20,000
-21,000
-25,000
-50,000
-35,000
-30,000
2,000
-8,000
-15,000
-9,000
-19,000
3,000
3,000
6,000
6,000
-9,000
-9,000
-5,000
-5,000
-3,000
-5,000
-1,000
-2,000
-23,000
-23,000
-21,000
-21,000
-18,000
-17,000
-19,000
-17,000
-22,000
-21,000
-21,000
-21,000
-17,000
-16,000
-16,000
-15,000
-1,000
-80,000
-1,000
-80,000
13,000
14,000
14,000
14,000
-1,000
-2,000
-3,000
-4,000
-6,000

-6,000

-4,000

-3,000

-2,000

-1,000

14,000

13,000

-80,000

-1,000

-80,000

-1,000

-15,000

-16,000

-17,000

-21,000

-22,000

-17,000

-19,000

-17,000

-18,000

-21,000

-23,000

-2,000

-1,000

-5,000

-3,000

-5,000

-9,000

6,000

3,000

-19,000

-9,000

-15,000

-8,000

2,000

-30,000

-35,000

-50,000

-25,000

-21,000

-20,000

-17,000

-10,000

-13,000

-4,000

-16,000

-21,000

-13,000

6,000

4,000

51,000

-66,000

-19,000

36,000

41,000

42,000

23,000

62,000

-26,000

-42,000

-54,000

-36,000

-30,000

-44,000

-43,000

-55,000

-39,000

-55,000

-58,000

-53,000

-113,000

-110,000

-102,000

-3,000

-7,000

-10,000

-384

-9,872

-10,871

-9,512

-6,204,367

-6,159,140

-6,059,772

-5,967,122

-5,891,300

-5,839,500

-5,771,400

-5,688,900

-5,602,800

-5,527,700

-5,440,500

-5,361,900

-5,285,400

Capital Surplus

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5,619,000
5,624,000
5,632,000
5,602,000
5,607,000
5,612,000
5,617,000
5,600,000
5,606,000
5,612,000
5,616,000
5,539,000
5,545,000
5,550,000
5,556,000
5,522,000
5,528,000
5,534,000
5,540,000
5,546,000
5,576,000
5,598,000
5,627,000
5,625,000
5,649,000
5,673,000
5,694,000
5,695,000
5,716,000
5,733,000
6,179,000
6,295,000
6,436,000
6,483,000
6,502,000
6,507,000
6,527,000
6,548,000
6,860,000
6,861,000
6,880,000
6,900,000
0

6,900,000

6,880,000

6,861,000

6,860,000

6,548,000

6,527,000

6,507,000

6,502,000

6,483,000

6,436,000

6,295,000

6,179,000

5,733,000

5,716,000

5,695,000

5,694,000

5,673,000

5,649,000

5,625,000

5,627,000

5,598,000

5,576,000

5,546,000

5,540,000

5,534,000

5,528,000

5,522,000

5,556,000

5,550,000

5,545,000

5,539,000

5,616,000

5,612,000

5,606,000

5,600,000

5,617,000

5,612,000

5,607,000

5,602,000

5,632,000

5,624,000

5,619,000

Treasury Stock

-8,026,000

-7,700,000

-8,110,000

-8,060,000

-8,046,000

Other Stockholders Equity

0
0
0
6,868,300
6,944,700
7,023,300
7,110,400
7,185,300
7,271,400
7,353,900
7,422,000
7,473,800
7,549,623
7,642,273
7,741,011
7,785,706
1,581,196
1,580,928
1,593,098
1,614,206
1,804,000
1,826,000
2,180,000
2,203,000
2,480,000
2,500,000
2,528,000
2,552,000
3,425,000
3,456,000
3,924,000
3,949,000
3,930,000
4,301,000
4,329,000
4,399,000
4,381,000
4,411,000
4,432,000
4,477,000
4,503,000
4,505,000
4,533,000
4,604,000
4,610,000
4,647,000
4,685,000
4,925,000
4,766,000
4,789,000
5,346,000
5,366,000
5,391,000
5,430,000
5,483,000
5,458,000
5,478,000
5,497,000
5,518,000
5,536,000
5,534,000
5,538,000
5,549,000
5,616,000
5,552,000
5,557,000
5,562,000
5,632,000
5,540,000
5,545,000
5,550,000
5,617,000
5,538,000
5,544,000
5,550,000
5,616,000
5,477,000
5,483,000
5,488,000
5,556,000
5,460,000
5,466,000
5,472,000
5,540,000
5,484,000
5,514,000
5,536,000
5,627,000
5,563,000
5,587,000
5,593,000
5,694,000
5,615,000
5,636,000
5,653,000
6,179,000
6,295,000
6,356,000
6,483,000
6,502,000
6,427,000
6,478,000
6,499,000
6,860,000
6,812,000
6,831,000
6,851,000
7,210,000

7,210,000

6,851,000

6,831,000

6,812,000

6,860,000

6,499,000

6,478,000

6,427,000

6,502,000

6,483,000

6,356,000

6,295,000

6,179,000

5,653,000

5,636,000

5,615,000

5,694,000

5,593,000

5,587,000

5,563,000

5,627,000

5,536,000

5,514,000

5,484,000

5,540,000

5,472,000

5,466,000

5,460,000

5,556,000

5,488,000

5,483,000

5,477,000

5,616,000

5,550,000

5,544,000

5,538,000

5,617,000

5,550,000

5,545,000

5,540,000

5,632,000

5,562,000

5,557,000

5,552,000

5,616,000

5,549,000

5,538,000

5,534,000

5,536,000

5,518,000

5,497,000

5,478,000

5,458,000

5,483,000

5,430,000

5,391,000

5,366,000

5,346,000

4,789,000

4,766,000

4,925,000

4,685,000

4,647,000

4,610,000

4,604,000

4,533,000

4,505,000

4,503,000

4,477,000

4,432,000

4,411,000

4,381,000

4,399,000

4,329,000

4,301,000

3,930,000

3,949,000

3,924,000

3,456,000

3,425,000

2,552,000

2,528,000

2,500,000

2,480,000

2,203,000

2,180,000

1,826,000

1,804,000

1,614,206

1,593,098

1,580,928

1,581,196

7,785,706

7,741,011

7,642,273

7,549,623

7,473,800

7,422,000

7,353,900

7,271,400

7,185,300

7,110,400

7,023,300

6,944,700

6,868,300

Balance Sheet

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31
Accounts Payable	1,136,000	1,159,000	1,095,000	958,000	874,000	817,000	902,000	805,000	777,000	711,000	806,000	625,000	693,000	651,000	694,000	813,000	687,000	671,000	706,000	567,000	480,000	369,000	392,169	462,924	341,300	297,200	293,400
Accumulated Amortization	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Other Comprehensive Income	-6,000	-1,000	13,000	-1,000	-17,000	-22,000	-18,000	-23,000	-3,000	-9,000	3,000	-8,000	-50,000	-17,000	-16,000	4,000	36,000	62,000	-36,000	-55,000	-53,000	-102,000	-384	-6,204,367	-5,891,300	-5,602,800	-5,285,400
Additional Paid In Capital	0	0	0	0	0	0	5,540,000	5,556,000	0	0	0	0	0	0	8,060,000	0	0	0	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Stock	3,000	3,000	3,000	3,000	2,000	2,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Surpluse	0	6,860,000	6,502,000	6,179,000	5,694,000	5,627,000	5,540,000	5,556,000	5,616,000	5,617,000	5,632,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash	38,000	10,000	8,000	139,000	16,000	16,000	10,000	9,000	292,000	5,000	30,000	209,000	255,000	545,000	622,000	92,000	355,000	137,000	96,000	69,000	111,000	628,000	67,092	125,968	194,900	76,900	9,700
Cash And Equivalents	0	10,000	8,000	139,000	16,000	16,000	10,000	9,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash And Short Term Investments	38,000	250,000	8,000	139,000	16,000	16,000	10,000	9,000	292,000	5,000	30,000	209,000	255,000	545,000	743,000	92,000	355,000	137,000	96,000	69,000	111,000	628,000	67,092	125,968	194,900	76,900	9,700
Common Stock	3,000	3,000	3,000	3,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	1,380	1,372	1,400	1,400	1,400
Common Stock Shares Outstanding	263,400	259,500	257,600	248,700	247,100	245,800	244,200	243,400	243,600	244,400	244,500	242,600	241,500	238,800	220,400	210,100	207,400	205,600	200,800	186,620	161,231	146,360	137,941	137,265	137,215	137,215	137,172
Common Stock Total Equity	0	3,000	3,000	3,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	1,380	1,372	1,400	1,400	1,400
Current Deferred Revenue	176,000	1,699,000	123,000	114,000	77,000	116,000	108,000	107,000	69,000	77,000	105,000	108,000	98,000	100,000	46,000	50,000	0	-605,000	203,000	0	-341,000	0	0	227,629	0	0	0
Deferred Long Term Asset Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Long Term Liab	0	1,426,000	1,289,000	1,100,000	992,000	1,127,000	1,230,000	1,437,000	1,382,000	1,582,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Earning Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Good Will	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	831,000	831,000	214,000	830,000	0	320,000	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	411,000	411,000	411,000	411,000	22,000	16,000	7,000	7,000	129,000	167,000	815,000	217,000	1,222,000	620,000	574,000	0	0	0	0	0	0
Inventory	733,000	667,000	592,000	521,000	494,000	483,000	522,000	527,000	538,000	524,000	526,000	704,000	712,000	707,000	782,000	842,000	735,000	647,000	572,000	623,000	487,000	299,000	295,122	227,050	253,200	245,800	227,600
Liabilities And Stockholders Equity	40,830,000	37,904,000	35,735,000	32,030,000	28,933,000	27,215,000	25,945,000	24,699,000	23,640,000	22,676,000	21,042,000	21,835,000	23,645,000	23,515,000	23,790,000	22,657,000	20,728,000	19,578,000	18,162,000	17,434,000	14,233,000	11,499,000	10,400,575	9,714,430	9,177,600	8,847,400	8,827,500
Long Term Debt	15,121,000	13,685,000	12,562,000	11,078,000	8,915,000	7,859,000	7,094,000	6,595,000	6,880,000	6,120,000	5,504,000	6,626,000	6,677,000	7,313,000	7,943,000	6,554,000	5,707,000	5,303,000	5,373,000	5,041,000	4,091,000	3,433,000	2,835,378	2,745,068	0	0	0
Long Term Debt Total	0	13,685,000	12,562,000	11,078,000	8,915,000	7,859,000	7,094,000	6,595,000	6,880,000	6,120,000	5,504,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long Term Investments	1,150,000	958,000	1,159,000	982,000	847,000	684,000	704,000	607,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Negative Goodwill	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Debt	16,468,000	15,085,000	13,604,000	11,437,000	9,781,000	9,020,000	8,409,000	7,825,000	7,284,000	6,949,000	6,376,000	6,772,000	6,749,000	7,192,000	7,545,000	8,016,000	7,029,000	6,216,000	5,547,000	5,792,000	4,618,000	3,415,000	3,548,583	2,866,804	2,462,600	2,472,700	2,634,900
Net Invested Capital	27,855,000	25,603,000	23,312,000	20,514,000	17,856,000	16,667,000	15,603,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Receivables	919,000	1,100,000	820,000	749,000	734,000	837,000	838,000	795,000	725,000	769,000	904,000	818,000	866,000	1,137,000	1,109,000	794,000	930,000	887,000	965,000	816,000	547,000	442,000	460,361	530,954	391,100	425,600	419,000
Net Tangible Assets	0	10,508,000	9,289,000	8,938,000	8,059,000	7,631,000	7,184,000	7,103,000	6,946,000	6,571,000	6,402,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Working Capital	-1,164,000	-698,000	-858,000	-527,000	-1,074,000	-1,154,000	-1,328,000	-1,081,000	-176,000	-203,000	-489,000	671,000	510,000	1,006,000	1,131,000	-548,000	-422,000	-328,000	331,000	-225,000	-140,000	251,000	-717,510	-264,779	-198,200	-183,500	-35,800
Non Current Assets Total	38,649,000	35,236,000	33,767,000	30,377,000	27,502,000	25,682,000	24,333,000	23,106,000	21,723,000	20,630,000	19,070,000	19,466,000	21,350,000	20,621,000	20,948,000	20,142,000	18,248,000	17,704,000	16,344,000	15,852,000	12,916,000	10,047,000	9,537,061	8,793,248	8,298,600	8,076,200	8,116,300
Non Current Liabilities Other	426,000	10,216,000	10,518,000	9,692,000	9,312,000	8,896,000	8,585,000	8,185,000	7,579,000	7,452,000	6,391,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Current Liabilities Total	26,007,000	23,901,000	23,080,000	20,770,000	18,227,000	16,755,000	15,679,000	14,780,000	14,459,000	13,572,000	11,895,000	13,370,000	13,792,000	13,743,000	14,019,000	12,436,000	10,879,000	10,580,000	10,097,000	9,612,000	8,219,000	6,263,000	5,236,000	5,097,000	4,776,000	4,601,000	4,253,400
Non Currrent Assets Other	1,098,000	906,000	1,647,000	1,077,000	876,000	658,000	731,000	344,000	477,000	2,086,000	1,893,000	2,450,000	2,390,000	1,289,000	1,853,000	-1,174,000	1,353,000	214,000	-469,000	1,121,000	1,425,000	1,133,000	1,110,499	1,087,576	1,133,400	1,148,200	1,129,200
Noncontrolling Interest In Consolidated Entity	0	129,000	129,000	142,000	142,000	142,000	142,000	142,000	142,000	142,000	142,000	0	0	0	8,060,000	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	4,462,000	2,605,000	4,095,000	3,159	2,388,000	2,169,000	2,163,000	2,573,000	1,957,000	2,246,000	1,938,000	2,535,000	2,448,000	2,013,000	2,085,000	2,338,000	1,843,000	2,073,000	1,250,000	1,240,000	1,049,000	690,000	770,637	759,086	0	0	0
Other Current Assets	491,000	651,000	548,000	244,000	118,000	63,000	98,000	98,000	88,000	86,000	85,000	95,000	347,000	505,000	208,000	787,000	460,000	203,000	185,000	74,000	172,000	83,000	40,939	37,210	39,800	22,900	54,900
Other Current Liab	648,000	-902,000	558,000	610,000	672,000	577,000	605,000	523,000	551,000	627,000	648,000	610,000	667,000	713,000	747,000	646,000	522,000	1,068,000	289,000	400,000	659,000	222,000	408,558	247,704	526,800	397,300	315,100
Other Liab	0	10,216,000	10,518,000	9,692,000	9,283,000	8,896,000	8,585,000	8,185,000	7,579,000	3,465,000	3,162,000	3,880,000	3,721,000	3,454,000	3,428,000	3,630,000	2,995,000	3,017,000	2,628,000	2,552,000	2,123,000	959,000	675,830	642,937	0	0	0
Other Stockholder Equity	7,167,000	6,811,000	6,453,000	6,117,000	5,632,000	5,565,000	5,478,000	5,494,000	5,554,000	5,555,000	5,570,000	5,554,000	5,536,000	5,458,000	5,366,000	4,730,000	4,558,000	4,477,000	4,380,000	3,949,000	2,552,000	2,203,000	1,614,206	7,785,706	7,473,800	7,185,300	6,868,300
Preferred Stock Redeemable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Preferred Stock Total Equity	0	0	0	0	0	0	142,000	142,000	142,000	142,000	142,000	142,000	142,000	142,000	195,000	195,000	195,000	195,000	195,000	195,000	182,000	193,000	235,197	235,197	0	0	0
Property Plant And Equipment Gross	49,202,000	45,727,000	43,475,000	26,807,000	24,376,000	22,810,000	21,466,000	11,478,000	18,799,000	17,424,000	16,205,000	16,096,000	18,127,000	17,853,000	17,610,000	16,567,000	15,069,000	14,286,000	13,572,000	13,297,000	10,917,000	8,914,000	8,426,562	7,705,672	7,165,200	6,928,000	6,987,100
Property Plant And Equipment Net	33,776,000	31,262,000	29,261,000	26,807,000	24,376,000	22,810,000	21,466,000	20,113,000	18,799,000	17,424,000	16,205,000	16,096,000	18,127,000	17,853,000	17,610,000	16,567,000	15,069,000	14,286,000	13,572,000	13,297,000	10,917,000	8,914,000	8,426,562	7,705,672	7,165,200	6,928,000	6,987,100
Property Plant Equipment	0	31,262,000	29,261,000	26,807,000	24,376,000	22,810,000	21,466,000	20,113,000	18,799,000	17,424,000	16,205,000	16,096,000	18,127,000	17,853,000	17,610,000	16,567,000	15,069,000	14,286,000	13,572,000	13,297,000	10,917,000	8,914,000	8,426,562	7,705,672	0	0	0
Retained Earnings	4,136,000	3,646,000	3,182,000	2,757,000	2,380,000	2,024,000	1,660,000	1,568,000	1,331,000	1,103,000	907,000	1,006,000	2,369,000	2,225,000	2,455,000	2,181,000	2,110,000	2,024,000	1,999,000	1,904,000	1,853,000	1,739,000	1,733,558	1,613,960	1,505,800	1,472,200	1,434,700
Retained Earnings Total Equity	0	3,646,000	3,182,000	2,757,000	2,380,000	2,024,000	1,660,000	1,568,000	1,331,000	1,103,000	907,000	0	0	0	8,060,000	0	0	0	0	0	0	0	0	0	0	0	0
Short Long Term Debt	1,385,000	1,410,000	1,050,000	498,000	882,000	1,177,000	1,325,000	1,239,000	395,000	120,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Long Term Debt Total	16,506,000	15,095,000	13,612,000	11,576,000	9,797,000	9,036,000	8,419,000	7,834,000	7,576,000	6,954,000	6,406,000	6,981,000	7,004,000	7,737,000	8,167,000	8,108,000	7,384,000	6,353,000	5,643,000	5,861,000	4,729,000	4,043,000	3,615,675	2,992,772	2,657,500	2,549,600	2,644,600
Short Term Debt	1,385,000	1,410,000	1,050,000	498,000	882,000	1,177,000	1,325,000	1,239,000	696,000	834,000	902,000	355,000	327,000	424,000	224,000	1,554,000	1,693,000	1,068,000	289,000	840,000	659,000	610,000	780,297	247,704	209,100	260,200	138,500
Short Term Investments	0	240,000	8,000	3,570	0	0	0	0	0	0	0	0	7,532,000	0	121,000	0	0	3,405,000	2,722,000	0	0	0	0	0	0	0	0
Temporary Equity Redeemable Noncontrolling Interests	0	0	0	0	0	0	0	0	0	0	0	0	0	0	8,060,000	0	0	0	0	0	0	0	0	0	0	0	0
Total Assets	40,830,000	37,904,000	35,735,000	32,030,000	28,933,000	27,215,000	25,945,000	24,699,000	23,640,000	22,676,000	21,042,000	21,835,000	23,645,000	23,515,000	23,790,000	22,657,000	20,728,000	19,578,000	18,162,000	17,434,000	14,233,000	11,499,000	10,400,575	9,714,430	9,177,600	8,847,400	8,827,500
Total Current Assets	2,181,000	2,668,000	1,968,000	1,653,000	1,431,000	1,533,000	1,612,000	1,593,000	1,917,000	2,046,000	1,972,000	2,369,000	2,295,000	2,894,000	2,842,000	2,515,000	2,480,000	1,874,000	1,818,000	1,582,000	1,317,000	1,452,000	863,514	921,182	879,000	771,200	711,200
Total Current Liabilities	3,345,000	3,366,000	2,826,000	2,180,000	2,505,000	2,687,000	2,940,000	2,674,000	2,093,000	2,249,000	2,461,000	1,698,000	1,785,000	1,888,000	1,711,000	3,063,000	2,902,000	2,202,000	1,487,000	1,807,000	1,457,000	1,201,000	1,581,024	1,185,961	1,077,200	954,700	747,000
Total Liab	29,352,000	27,267,000	25,906,000	22,950,000	20,732,000	19,442,000	18,619,000	17,454,000	16,552,000	15,821,000	14,356,000	15,068,000	15,577,000	15,631,000	15,730,000	15,673,000	13,954,000	12,979,000	11,781,000	11,425,000	9,675,000	7,449,000	6,813,084	6,278,622	5,848,700	5,552,600	5,569,800
Total Permanent Equity	0	0	0	0	0	0	7,326,000	7,245,000	0	0	0	0	0	0	8,060,000	0	0	0	0	0	0	0	0	0	0	0	0
Total Stockholder Equity	11,349,000	10,508,000	9,700,000	8,938,000	8,059,000	7,631,000	7,184,000	7,103,000	6,946,000	6,713,000	6,544,000	6,616,000	7,919,000	7,730,000	7,853,000	6,963,000	6,752,000	6,583,000	6,364,000	5,995,000	4,536,000	4,035,000	3,583,957	3,431,868	3,324,900	3,291,300	3,254,200
Treasury Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-8,060,000	0	0	0	0	0	0	0	0	0	0	0	0
Warrants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31	1999-09-30	1999-06-30	1999-03-31	1998-12-31	1998-09-30	1998-06-30	1998-03-31	1997-12-31	1997-09-30	1997-06-30	1997-03-31
Accounts Payable	1,136,000	955,000	719,000	664,000	1,159,000	820,000	897,000	690,000	1,095,000	811,000	779,000	581,000	958,000	640,000	616,000	544,000	874,000	598,000	593,000	522,000	817,000	591,000	565,000	497,000	902,000	548,000	522,000	460,000	805,000	513,000	499,000	429,000	777,000	525,000	486,000	434,000	711,000	466,000	575,000	559,000	806,000	414,000	428,000	341,000	625,000	458,000	479,000	366,000	693,000	410,000	482,000	401,000	651,000	414,000	465,000	427,000	694,000	443,000	523,000	519,000	813,000	509,000	527,000	443,000	687,000	415,000	455,000	454,000	671,000	382,000	404,000	338,000	706,000	461,000	370,000	365,000	567,000	320,000	273,000	249,000	480,000	275,000	297,000	295,000	369,000	175,000	253,000	174,000	392,169	287,060	314,609	251,338	462,924	254,979	244,667	179,890	341,300	262,600	250,900	181,000	297,200	203,200	163,300	148,600	293,400	-	-	-
Accumulated Amortization	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Accumulated Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Accumulated Other Comprehensive Income	-6,000	-4,000	-3,000	-2,000	-1,000	14,000	14,000	14,000	13,000	-80,000	-1,000	-80,000	-1,000	-15,000	-16,000	-16,000	-17,000	-21,000	-21,000	-21,000	-22,000	-17,000	-19,000	-17,000	-18,000	-21,000	-21,000	-23,000	-23,000	-2,000	-1,000	-5,000	-3,000	-5,000	-5,000	-9,000	-9,000	6,000	6,000	3,000	3,000	-19,000	-9,000	-15,000	-8,000	2,000	-30,000	-35,000	-50,000	-25,000	-21,000	-20,000	-17,000	-10,000	-13,000	-4,000	-16,000	-21,000	-13,000	6,000	4,000	51,000	-66,000	-19,000	36,000	41,000	42,000	23,000	62,000	-26,000	-42,000	-54,000	-36,000	-30,000	-44,000	-43,000	-55,000	-39,000	-55,000	-58,000	-53,000	-113,000	-110,000	-110,000	-102,000	-3,000	-7,000	-10,000	-384	-9,872	-10,871	-9,512	-6,204,367	-6,159,140	-6,059,772	-5,967,122	-5,891,300	-5,839,500	-5,771,400	-5,688,900	-5,602,800	-5,527,700	-5,440,500	-5,361,900	-5,285,400	-	-	-
Additional Paid In Capital	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	5,540,000	0	0	0	5,556,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	8,026,000	7,700,000	0	0	0	0	0	0	0	0	8,110,000	8,060,000	8,046,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Capital Lease Obligations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Capital Stock	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Capital Surpluse	0	6,900,000	6,880,000	6,861,000	6,860,000	6,548,000	6,527,000	6,507,000	6,502,000	6,483,000	6,436,000	6,295,000	6,179,000	5,733,000	5,716,000	5,695,000	5,694,000	5,673,000	5,649,000	5,625,000	5,627,000	5,598,000	5,576,000	5,546,000	5,540,000	5,534,000	5,528,000	5,522,000	5,556,000	5,550,000	5,545,000	5,539,000	5,616,000	5,612,000	5,606,000	5,600,000	5,617,000	5,612,000	5,607,000	5,602,000	5,632,000	5,624,000	5,619,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Cash	38,000	8,000	7,000	10,000	10,000	7,000	7,000	7,000	8,000	7,000	99,000	6,000	139,000	6,000	8,000	42,000	16,000	20,000	6,000	8,000	16,000	11,000	29,000	30,000	10,000	9,000	10,000	8,000	9,000	18,000	13,000	13,000	292,000	72,000	2,000	6,000	5,000	13,000	46,000	26,000	30,000	169,000	150,000	161,000	209,000	298,000	117,000	208,000	255,000	522,000	378,000	573,000	545,000	608,000	506,000	360,000	622,000	563,000	251,000	304,000	92,000	206,000	205,000	186,000	355,000	170,000	687,000	161,000	137,000	34,000	51,000	29,000	96,000	278,000	27,000	30,000	69,000	647,000	511,000	633,000	111,000	100,000	101,000	294,000	628,000	629,000	150,000	60,000	67,092	112,112	72,530	91,469	125,968	237,537	48,901	39,691	194,900	331,100	54,000	74,200	76,900	62,300	47,100	45,800	9,700	-	-	-
Cash And Equivalents	0	8,000	7,000	10,000	10,000	7,000	7,000	7,000	8,000	7,000	99,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Cash And Short Term Investments	38,000	8,000	7,000	10,000	250,000	7,000	7,000	7,000	8,000	7,000	99,000	6,000	139,000	6,000	8,000	42,000	16,000	20,000	6,000	8,000	16,000	11,000	29,000	30,000	10,000	9,000	10,000	8,000	9,000	18,000	13,000	13,000	292,000	72,000	2,000	6,000	5,000	13,000	46,000	26,000	30,000	169,000	150,000	161,000	209,000	298,000	117,000	208,000	255,000	522,000	378,000	573,000	545,000	761,000	672,000	593,000	622,000	563,000	251,000	628,000	92,000	206,000	205,000	186,000	355,000	170,000	687,000	161,000	137,000	34,000	51,000	29,000	96,000	278,000	27,000	30,000	69,000	647,000	511,000	633,000	111,000	100,000	101,000	294,000	628,000	629,000	150,000	60,000	67,092	112,112	72,530	91,469	125,968	237,537	48,901	39,691	194,900	331,100	54,000	74,200	76,900	62,300	47,100	45,800	9,700	-	-	-
Common Stock	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	1,000	1,000	1,380	1,375	1,372	1,372	1,372	1,372	1,372	1,372	1,400	1,400	1,400	1,400	1,400	1,400	1,400	1,400	1,400	-	-	-
Common Stock Shares Outstanding	264,000	263,400	263,200	263,100	260,200	259,500	259,400	259,000	258,900	258,600	257,200	255,900	249,700	249,200	247,900	248,100	247,500	247,500	247,200	246,400	246,800	246,300	245,800	244,400	244,700	244,700	243,500	242,600	244,700	242,900	242,600	242,600	243,000	243,900	242,600	242,600	244,500	244,300	242,600	242,600	245,100	245,100	242,600	242,600	242,600	242,900	242,600	242,600	242,600	241,700	241,200	240,600	240,600	239,300	238,400	237,600	237,600	218,200	213,600	212,700	212,700	210,300	209,500	208,700	208,700	207,600	207,100	206,600	206,600	205,900	205,400	204,800	204,800	203,800	199,700	195,300	195,300	193,500	182,700	174,300	174,300	161,800	161,200	158,900	158,900	146,700	144,400	139,700	139,700	137,222	137,215	137,215	137,215	137,215	137,215	137,215	137,215	137,215	137,302	137,215	136,000	136,821	137,049	137,586	137,586	137,197	137,414	136,364
Common Stock Total Equity	0	0	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	1,000	1,000	1,380	1,375	1,372	1,372	1,372	1,372	1,372	1,372	1,400	1,400	1,400	1,400	1,400	1,400	1,400	1,400	1,400	-	-	-
Current Deferred Revenue	176,000	132,000	111,000	0	1,699,000	1,670,000	1,626,000	0	52,000	334,000	307,000	212,000	3,211	109,000	126,000	0	77,000	164,000	71,000	111,000	116,000	126,000	114,000	115,000	108,000	108,000	108,000	106,000	107,000	104,000	100,000	98,000	69,000	70,000	73,000	76,000	160,000	71,000	75,000	80,000	105,000	106,000	110,000	110,000	108,000	96,000	97,000	98,000	98,000	98,000	100,000	100,000	100,000	43,000	43,000	43,000	46,000	46,000	40,000	41,000	50,000	49,000	38,000	0	148,000	0	0	0	0	0	0	0	1,969,000	0	0	0	65,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	698,600	0	0	0	553,400	461,000	0	-	-	-	-
Deferred Long Term Asset Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Deferred Long Term Liab	0	1,772,000	0	0	1,426,000	1,405,000	1,487,000	1,377,000	1,289,000	1,235,000	1,272,000	1,249,000	1,100,000	1,078,000	1,133,000	1,092,000	992,000	1,168,000	1,175,000	1,134,000	1,127,000	1,130,000	1,205,000	1,205,000	1,230,000	0	0	0	1,437,000	0	0	0	1,382,000	0	0	0	1,582,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Earning Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Good Will	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	831,000	831,000	831,000	831,000	831,000	831,000	831,000	214,000	214,000	214,000	214,000	214,000	214,000	542,000	830,000	326,000	326,000	326,000	0	326,000	303,000	307,000	320,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	411,000	20,000	19,000	17,000	22,000	19,000	18,000	16,000	16,000	14,000	12,000	9,000	7,000	6,000	4,000	7,000	7,000	9,000	113,000	124,000	129,000	138,000	150,000	160,000	167,000	784,000	794,000	806,000	815,000	814,000	823,000	46,000	217,000	878,000	900,000	914,000	1,222,000	631,000	631,000	620,000	620,000	979,000	565,000	565,000	574,000	630,000	620,000	621,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Inventory	733,000	760,000	711,000	630,000	667,000	695,000	600,000	520,000	592,000	595,000	527,000	467,000	521,000	557,000	514,000	471,000	494,000	488,000	433,000	402,000	483,000	525,000	475,000	453,000	522,000	547,000	512,000	467,000	527,000	551,000	515,000	483,000	538,000	548,000	500,000	449,000	524,000	561,000	491,000	424,000	526,000	581,000	511,000	461,000	704,000	756,000	686,000	625,000	712,000	734,000	654,000	572,000	707,000	746,000	676,000	635,000	782,000	857,000	733,000	657,000	842,000	956,000	719,000	556,000	735,000	757,000	612,000	489,000	647,000	710,000	549,000	423,000	572,000	840,000	649,000	563,000	623,000	605,000	458,000	412,000	487,000	476,000	420,000	354,000	299,000	280,000	263,000	258,000	295,122	276,631	268,258	204,359	227,050	249,326	236,731	224,000	253,200	257,900	255,700	242,500	245,800	238,400	233,800	232,900	227,600	-	-	-
Liabilities And Stockholders Equity	40,830,000	39,599,000	38,947,000	38,064,000	37,904,000	37,657,000	37,108,000	36,197,000	35,735,000	34,665,000	33,916,000	32,789,000	32,030,000	30,517,000	30,016,000	29,272,000	28,933,000	28,546,000	28,103,000	27,509,000	27,215,000	26,959,000	26,639,000	26,079,000	25,945,000	25,617,000	25,254,000	24,811,000	24,699,000	24,134,000	23,793,000	23,385,000	23,640,000	23,459,000	23,152,000	22,884,000	22,676,000	21,876,000	21,588,000	21,166,000	21,042,000	22,385,000	22,276,000	21,952,000	21,835,000	23,498,000	22,980,000	22,899,000	23,645,000	23,356,000	23,391,000	23,329,000	23,515,000	23,631,000	23,915,000	23,688,000	23,790,000	23,594,000	23,190,000	23,071,000	22,657,000	21,479,000	21,645,000	20,758,000	20,728,000	20,405,000	20,531,000	19,626,000	19,578,000	18,830,000	18,450,000	18,314,000	18,162,000	18,090,000	17,491,000	17,333,000	17,434,000	17,764,000	14,677,000	14,639,000	14,233,000	13,537,000	13,457,000	13,589,000	11,499,000	11,214,000	10,710,000	10,405,000	10,400,575	10,277,936	10,063,415	9,666,815	9,714,430	9,621,682	9,312,463	9,315,289	9,177,600	9,258,700	8,936,900	8,813,100	8,847,400	9,122,100	8,880,400	8,797,300	8,827,500	-	-	-
Long Term Debt	15,121,000	13,829,000	14,328,000	14,181,000	13,685,000	13,577,000	12,985,000	12,563,000	12,562,000	12,444,000	12,492,000	11,527,000	11,078,000	10,172,000	10,171,000	9,378,000	8,915,000	8,651,000	8,222,000	8,221,000	7,859,000	7,614,000	7,613,000	6,766,000	7,094,000	6,922,000	6,821,000	6,597,000	6,595,000	6,607,000	6,605,000	6,881,000	6,880,000	5,981,000	5,981,000	5,860,000	6,120,000	5,825,000	5,825,000	5,226,000	5,504,000	5,274,000	5,274,000	5,803,000	6,626,000	6,781,000	6,678,000	6,677,000	6,677,000	6,682,000	7,054,000	7,123,000	7,313,000	7,259,000	7,653,000	7,743,000	7,943,000	7,321,000	7,321,000	6,900,000	6,554,000	6,143,000	6,162,000	5,082,000	5,707,000	5,502,000	5,529,000	5,278,000	5,303,000	5,367,000	5,724,000	5,527,000	5,373,000	5,220,000	4,949,000	5,002,000	5,041,000	6,184,000	4,072,000	4,089,000	4,091,000	4,067,000	4,177,000	4,499,000	3,433,000	3,484,000	3,509,000	3,281,000	2,835,378	2,811,148	2,973,289	2,748,781	2,745,068	2,305,212	2,500,000	2,342,821	0	0	0	0	0	0	0	0	-	-	-	-
Long Term Debt Total	0	13,829,000	14,328,000	14,181,000	13,685,000	13,577,000	12,985,000	12,563,000	12,562,000	12,444,000	12,492,000	11,527,000	11,078,000	10,172,000	10,171,000	9,378,000	8,915,000	8,651,000	8,222,000	8,221,000	7,859,000	7,614,000	7,613,000	6,766,000	7,094,000	6,922,000	6,821,000	6,597,000	6,595,000	6,607,000	6,605,000	6,881,000	6,880,000	5,981,000	5,981,000	5,860,000	6,120,000	5,825,000	5,825,000	5,226,000	5,504,000	5,274,000	5,274,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Long Term Investments	1,150,000	1,042,000	1,075,000	1,019,000	958,000	910,000	957,000	1,094,000	1,159,000	1,076,000	1,070,000	1,010,000	982,000	904,000	854,000	742,000	847,000	798,000	783,000	754,000	292,000	296,000	293,000	295,000	293,000	0	0	0	9,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Negative Goodwill	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Net Debt	16,468,000	16,010,000	16,000,000	15,519,000	15,085,000	14,946,000	14,604,000	14,162,000	13,604,000	13,047,000	12,832,000	12,418,000	11,437,000	10,795,000	10,640,000	10,308,000	9,781,000	9,511,000	9,551,000	9,348,000	9,020,000	8,773,000	8,937,000	8,866,000	8,409,000	8,136,000	8,281,000	8,184,000	7,825,000	7,628,000	7,801,000	7,584,000	7,284,000	7,087,000	7,260,000	7,189,000	6,949,000	6,684,000	6,691,000	6,548,000	6,376,000	5,989,000	6,033,000	5,997,000	6,772,000	6,694,000	6,770,000	6,774,000	6,749,000	6,688,000	7,018,000	7,039,000	7,192,000	7,130,000	7,501,000	7,587,000	7,545,000	7,321,000	8,164,000	7,973,000	8,016,000	7,613,000	7,676,000	7,320,000	7,029,000	6,721,000	6,646,000	6,355,000	6,216,000	6,091,000	6,175,000	6,093,000	5,547,000	5,293,000	5,413,000	5,724,000	5,792,000	5,811,000	3,866,000	3,768,000	4,618,000	4,448,000	4,663,000	4,563,000	3,415,000	3,116,000	3,548,000	3,463,000	3,548,583	3,205,571	3,372,186	2,975,574	2,866,804	2,597,115	2,844,378	2,836,006	2,462,600	2,207,700	2,519,700	2,458,700	2,472,700	2,650,200	2,694,100	2,645,600	2,634,900	-	-	-
Net Invested Capital	27,855,000	27,061,000	26,704,000	26,136,000	25,603,000	25,154,000	24,491,000	23,975,000	23,312,000	22,739,000	22,284,000	21,572,000	20,514,000	19,290,000	18,875,000	18,435,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Net Receivables	919,000	1,022,000	923,000	986,000	1,100,000	1,093,000	1,000,000	930,000	820,000	958,000	841,000	735,000	749,000	817,000	885,000	733,000	734,000	807,000	878,000	829,000	837,000	949,000	1,005,000	870,000	838,000	854,000	857,000	752,000	795,000	832,000	838,000	670,000	725,000	855,000	870,000	836,000	769,000	787,000	966,000	990,000	904,000	804,000	808,000	811,000	818,000	870,000	860,000	743,000	866,000	1,014,000	1,124,000	1,118,000	1,137,000	1,204,000	1,088,000	1,072,000	1,109,000	848,000	1,152,000	1,119,000	1,221,000	768,000	918,000	974,000	930,000	1,212,000	1,088,000	1,080,000	887,000	730,000	835,000	899,000	965,000	806,000	819,000	747,000	816,000	731,000	601,000	525,000	547,000	546,000	612,000	540,000	442,000	509,000	534,000	434,000	460,361	559,186	538,385	445,368	530,954	479,360	457,083	328,785	391,100	508,200	504,000	419,800	425,600	522,800	489,100	366,600	419,000	-	-	-
Net Tangible Assets	0	10,632,000	10,697,000	10,607,000	10,508,000	9,790,000	9,469,000	9,806,000	9,289,000	9,685,000	8,942,000	9,148,000	8,938,000	8,489,000	8,227,000	8,085,000	8,059,000	8,062,000	7,791,000	7,705,000	7,631,000	7,656,000	7,386,000	7,230,000	7,184,000	7,345,000	7,158,000	7,064,000	7,103,000	7,193,000	6,511,000	6,869,000	6,946,000	7,014,000	6,764,000	6,704,000	6,571,000	6,774,000	6,572,000	6,513,000	6,402,000	6,574,000	6,374,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Net Working Capital	-1,164,000	-1,933,000	-1,224,000	-695,000	-698,000	-657,000	-1,192,000	-1,114,000	-858,000	-153,000	-61,000	-484,000	-527,000	-515,000	-380,000	-903,000	-1,074,000	-790,000	-1,238,000	-970,000	-1,154,000	-940,000	-1,026,000	-1,778,000	-1,328,000	-1,000,000	-1,194,000	-1,312,000	-1,081,000	-692,000	-836,000	-381,000	-176,000	-506,000	-565,000	-527,000	-203,000	-177,000	-347,000	-885,000	-489,000	45,000	122,000	719,000	671,000	860,000	551,000	510,000	510,000	832,000	876,000	878,000	1,006,000	1,206,000	1,070,000	1,018,000	1,131,000	854,000	119,000	-124,000	-548,000	-371,000	-312,000	-1,207,000	-422,000	-163,000	-255,000	-389,000	-328,000	-103,000	137,000	-36,000	331,000	587,000	185,000	-237,000	-225,000	768,000	618,000	671,000	-140,000	61,000	-86,000	234,000	251,000	430,000	-13,000	-135,000	-717,510	-503,448	-374,172	-375,162	-264,779	-459,489	-408,701	-480,914	-198,200	-47,800	-144,300	-185,300	-183,500	-2,100	15,000	-36,100	-	-	-	-
Non Current Assets Total	38,649,000	37,515,000	36,928,000	36,002,000	35,236,000	35,139,000	34,712,000	34,166,000	33,767,000	32,461,000	31,800,000	30,966,000	30,377,000	28,927,000	28,396,000	27,808,000	27,502,000	27,051,000	26,589,000	26,087,000	25,682,000	25,319,000	24,954,000	24,512,000	24,333,000	24,036,000	23,683,000	23,361,000	23,106,000	22,535,000	22,199,000	21,927,000	21,723,000	21,476,000	21,161,000	20,891,000	20,630,000	19,934,000	19,623,000	19,326,000	19,070,000	19,112,000	18,868,000	18,656,000	19,466,000	21,092,000	20,826,000	20,775,000	21,350,000	20,676,000	20,788,000	20,614,000	20,621,000	20,511,000	21,085,000	21,030,000	20,948,000	20,814,000	20,526,000	20,314,000	20,142,000	18,932,000	18,879,000	18,455,000	18,248,000	18,064,000	17,966,000	17,766,000	17,704,000	17,093,000	16,905,000	16,851,000	16,344,000	16,107,000	15,926,000	15,895,000	15,852,000	15,622,000	13,025,000	12,952,000	12,916,000	12,227,000	12,280,000	12,298,000	10,047,000	9,754,000	9,734,000	9,621,000	9,537,061	9,294,855	9,152,082	8,894,731	8,793,248	8,615,775	8,532,898	8,450,750	8,298,600	8,108,200	8,095,500	8,057,400	8,076,200	8,046,600	8,081,500	8,112,800	8,116,300	-	-	-
Non Current Liabilities Other	426,000	416,000	10,550,000	10,390,000	10,216,000	10,575,000	10,526,000	10,554,000	10,518,000	10,050,000	9,765,000	9,678,000	9,692,000	9,609,000	9,476,000	9,300,000	9,312,000	9,406,000	9,196,000	9,049,000	8,896,000	8,967,000	8,787,000	8,596,000	8,585,000	8,627,000	8,368,000	8,246,000	8,185,000	7,901,000	7,694,000	7,654,000	7,579,000	7,833,000	7,709,000	7,658,000	7,452,000	7,016,000	6,737,000	6,560,000	6,391,000	7,158,000	7,191,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Non Current Liabilities Total	26,007,000	24,410,000	24,878,000	24,571,000	23,901,000	24,152,000	23,511,000	23,117,000	23,080,000	22,494,000	22,257,000	21,205,000	20,770,000	19,781,000	19,647,000	18,678,000	18,227,000	18,057,000	17,418,000	17,270,000	16,755,000	16,581,000	16,400,000	15,362,000	15,679,000	15,549,000	15,189,000	14,843,000	14,780,000	14,508,000	14,299,000	14,535,000	14,459,000	13,814,000	13,690,000	13,518,000	13,572,000	12,841,000	12,562,000	11,786,000	11,895,000	12,432,000	12,465,000	12,859,000	13,370,000	13,926,000	13,677,000	13,706,000	13,792,000	13,356,000	13,721,000	13,612,000	13,743,000	13,808,000	13,955,000	13,938,000	14,019,000	13,622,000	13,291,000	12,917,000	12,631,000	11,323,000	11,555,000	10,299,000	10,877,000	10,950,000	10,898,000	10,625,000	10,654,000	10,229,000	10,479,000	10,287,000	10,106,000	10,024,000	9,632,000	9,605,000	9,640,000	10,342,000	8,202,000	8,217,000	8,222,000	7,720,000	7,822,000	8,187,000	6,915,000	5,943,000	5,941,000	5,755,000	5,236,000	5,199,000	5,378,000	5,126,000	5,097,000	4,663,000	4,799,000	4,671,000	4,776,000	4,640,000	4,693,000	4,614,000	4,614,000	4,692,000	4,893,000	4,870,000	4,253,400	-	-	-
Non Currrent Assets Other	-1,172,000	1,279,000	-822,000	1,093,000	2,605,000	1,540,000	1,632,000	1,217,000	1,647,000	593,000	510,000	482,000	1,077,000	382,000	377,000	350,000	876,000	329,000	741,000	727,000	650,000	696,000	786,000	702,000	522,000	173,000	284,000	335,000	538,000	260,000	336,000	431,000	575,000	2,174,000	2,050,000	2,063,000	664,000	1,858,000	1,867,000	1,918,000	698,000	2,354,000	2,314,000	2,328,000	749,000	2,381,000	2,283,000	2,387,000	2,390,000	1,131,000	1,265,000	1,231,000	1,289,000	1,815,000	1,851,000	1,863,000	1,853,000	2,082,000	2,099,000	2,134,000	-1,174,000	1,244,000	1,481,000	1,360,000	2,150,000	1,544,000	1,617,000	1,504,000	214,000	1,861,000	1,759,000	1,170,000	1,550,000	1,114,000	1,152,000	1,129,000	1,615,000	-165,000	1,408,000	1,424,000	1,425,000	1,445,000	1,463,000	1,495,000	1,133,000	1,065,000	1,110,000	1,143,000	1,110,499	1,069,458	757,410	1,077,912	1,087,576	1,087,432	1,106,105	1,155,858	1,133,400	1,111,700	1,138,300	1,146,800	1,148,200	1,122,200	1,131,700	1,151,500	1,129,200	-	-	-
Noncontrolling Interest In Consolidated Entity	0	0	129,000	129,000	129,000	129,000	129,000	129,000	129,000	129,000	129,000	129,000	142,000	142,000	142,000	142,000	142,000	142,000	142,000	142,000	142,000	142,000	142,000	142,000	142,000	142,000	142,000	142,000	142,000	142,000	142,000	142,000	142,000	142,000	142,000	142,000	142,000	142,000	142,000	142,000	142,000	151,000	151,000	0	0	8,026,000	7,700,000	0	0	0	0	0	0	0	0	8,110,000	8,060,000	8,046,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Other Assets	4,462,000	3,124,000	3,091,000	2,840,000	2,605,000	4,120,000	4,215,000	3,869,000	4,095,000	3,491,000	3,065,000	2,951,000	3,159	2,678,000	2,608,000	2,425,000	2,388,000	2,411,000	2,371,000	1,842,000	2,169,000	2,233,000	2,252,000	2,140,000	2,867,000	3,130,000	3,094,000	3,063,000	2,993,000	2,888,000	2,875,000	2,927,000	2,924,000	3,169,000	3,175,000	3,191,000	3,206,000	2,943,000	2,897,000	2,901,000	2,865,000	3,278,000	3,267,000	3,248,000	3,370,000	3,259,000	3,136,000	3,240,000	3,223,000	2,803,000	2,843,000	2,726,000	2,768,000	2,856,000	3,338,000	3,359,000	3,338,000	3,542,000	3,520,000	3,533,000	3,575,000	2,955,000	3,313,000	3,161,000	3,179,000	3,335,000	3,428,000	3,413,000	3,418,000	3,065,000	2,985,000	2,997,000	2,772,000	2,705,000	2,529,000	2,563,000	2,555,000	2,570,000	1,973,000	1,989,000	1,999,000	2,075,000	2,083,000	2,116,000	1,133,000	1,065,000	1,110,000	1,143,000	1,110,499	1,069,458	1,094,292	1,077,912	1,087,576	1,087,432	1,106,105	1,155,858	0	0	0	0	0	0	0	0	-	-	-	-
Other Current Assets	491,000	281,000	378,000	436,000	651,000	723,000	632,000	437,000	548,000	644,000	518,000	114,000	244,000	210,000	131,000	127,000	118,000	106,000	90,000	70,000	63,000	83,000	72,000	84,000	98,000	96,000	97,000	105,000	98,000	76,000	68,000	63,000	88,000	103,000	95,000	91,000	86,000	66,000	68,000	70,000	85,000	108,000	104,000	60,000	95,000	348,000	335,000	381,000	347,000	316,000	288,000	315,000	376,000	409,000	394,000	358,000	208,000	512,000	528,000	353,000	360,000	617,000	924,000	587,000	460,000	202,000	178,000	130,000	203,000	263,000	110,000	112,000	185,000	59,000	70,000	98,000	74,000	159,000	82,000	117,000	172,000	188,000	44,000	103,000	83,000	42,000	29,000	32,000	40,939	35,152	32,160	30,888	37,210	39,684	36,850	272,063	39,800	53,300	27,700	19,200	22,900	252,000	28,900	39,200	54,900	-	-	-
Other Current Liab	648,000	741,000	734,000	745,000	-902,000	-691,000	-561,000	849,000	629,000	602,000	652,000	617,000	720,789	727,000	781,000	851,000	672,000	643,000	753,000	624,000	577,000	693,000	679,000	603,000	605,000	702,000	665,000	601,000	523,000	635,000	622,000	596,000	551,000	716,000	716,000	675,000	544,000	710,000	750,000	738,000	648,000	1,824,000	1,839,000	1,771,000	610,000	781,000	818,000	845,000	667,000	812,000	803,000	847,000	713,000	978,000	898,000	966,000	747,000	874,000	888,000	944,000	646,000	684,000	778,000	627,000	374,000	684,000	543,000	539,000	463,000	682,000	483,000	547,000	-1,477,000	565,000	499,000	538,000	335,000	760,000	435,000	434,000	318,000	472,000	379,000	404,000	222,000	594,000	547,000	503,000	408,558	692,934	499,469	577,646	475,333	680,977	550,320	632,687	526,800	-100	523,700	512,800	397,300	100	-100	414,700	315,100	-	-	-
Other Liab	0	10,581,000	0	0	10,216,000	10,575,000	10,526,000	10,554,000	10,518,000	10,050,000	9,765,000	9,678,000	9,692,000	9,609,000	9,476,000	9,300,000	9,283,000	9,376,000	9,168,000	9,020,000	8,896,000	8,967,000	8,787,000	8,596,000	6,030,000	3,856,000	3,872,000	3,872,000	3,866,000	3,590,000	3,609,000	3,667,000	3,634,000	3,687,000	3,714,000	3,629,000	3,465,000	3,112,000	3,151,000	3,158,000	3,162,000	3,671,000	3,776,000	3,753,000	3,880,000	3,686,000	3,725,000	3,841,000	3,721,000	3,294,000	3,459,000	3,463,000	3,454,000	3,518,000	3,487,000	3,499,000	3,428,000	3,777,000	3,681,000	3,761,000	3,630,000	2,982,000	3,161,000	3,099,000	2,995,000	3,262,000	3,198,000	3,213,000	3,017,000	2,727,000	2,678,000	2,663,000	2,628,000	2,696,000	2,619,000	2,602,000	2,552,000	2,407,000	2,206,000	2,178,000	2,123,000	1,507,000	1,506,000	1,513,000	959,000	691,000	731,000	754,000	675,830	662,024	677,043	668,625	642,937	649,448	630,139	670,627	0	0	0	0	0	0	0	0	-	-	-	-
Other Stockholder Equity	7,210,000	6,851,000	6,831,000	6,812,000	6,860,000	6,499,000	6,478,000	6,427,000	6,502,000	6,483,000	6,356,000	6,295,000	6,179,000	5,653,000	5,636,000	5,615,000	5,694,000	5,593,000	5,587,000	5,563,000	5,627,000	5,536,000	5,514,000	5,484,000	5,540,000	5,472,000	5,466,000	5,460,000	5,556,000	5,488,000	5,483,000	5,477,000	5,616,000	5,550,000	5,544,000	5,538,000	5,617,000	5,550,000	5,545,000	5,540,000	5,632,000	5,562,000	5,557,000	5,552,000	5,616,000	5,549,000	5,538,000	5,534,000	5,536,000	5,518,000	5,497,000	5,478,000	5,458,000	5,483,000	5,430,000	5,391,000	5,366,000	5,346,000	4,789,000	4,766,000	4,925,000	4,685,000	4,647,000	4,610,000	4,604,000	4,533,000	4,505,000	4,503,000	4,477,000	4,432,000	4,411,000	4,381,000	4,399,000	4,329,000	4,301,000	3,930,000	3,949,000	3,924,000	3,456,000	3,425,000	2,552,000	2,528,000	2,500,000	2,480,000	2,203,000	2,180,000	1,826,000	1,804,000	1,614,206	1,593,098	1,580,928	1,581,196	7,785,706	7,741,011	7,642,273	7,549,623	7,473,800	7,422,000	7,353,900	7,271,400	7,185,300	7,110,400	7,023,300	6,944,700	6,868,300	-	-	-
Preferred Stock Redeemable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Preferred Stock Total Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	142,000	142,000	142,000	142,000	142,000	142,000	142,000	142,000	142,000	142,000	142,000	142,000	142,000	142,000	142,000	142,000	142,000	142,000	142,000	142,000	142,000	142,000	142,000	142,000	8,026,000	7,700,000	0	142,000	0	0	0	142,000	0	0	8,110,000	195,000	8,046,000	0	0	195,000	195,000	195,000	195,000	195,000	195,000	195,000	195,000	195,000	195,000	195,000	195,000	195,000	195,000	195,000	195,000	195,000	196,000	182,000	182,000	182,000	213,000	235,000	235,000	193,000	194,000	235,000	235,000	235,197	235,197	235,197	235,197	235,197	235,197	235,197	235,197	0	0	0	0	0	0	0	0	-	-	-	-
Property Plant And Equipment Gross	49,202,000	0	32,351,000	31,735,000	45,727,000	30,608,000	30,086,000	29,578,000	0	28,559,000	28,020,000	27,307,000	26,807,000	25,541,000	25,081,000	24,678,000	24,376,000	23,894,000	23,479,000	23,044,000	22,810,000	22,379,000	11,835,000	21,666,000	21,466,000	20,906,000	20,589,000	20,298,000	11,478,000	19,647,000	19,324,000	19,000,000	18,799,000	18,307,000	17,986,000	17,700,000	17,424,000	16,991,000	16,726,000	16,425,000	16,205,000	15,834,000	15,601,000	15,408,000	16,096,000	17,833,000	17,690,000	17,535,000	18,127,000	17,873,000	17,945,000	17,888,000	17,853,000	17,655,000	17,747,000	17,671,000	17,610,000	17,272,000	17,006,000	16,781,000	16,567,000	15,977,000	15,566,000	15,294,000	15,069,000	14,729,000	14,538,000	14,353,000	14,286,000	14,028,000	13,920,000	13,854,000	13,572,000	13,402,000	13,397,000	13,332,000	13,297,000	13,052,000	11,052,000	10,963,000	10,917,000	10,152,000	10,197,000	10,182,000	8,914,000	8,689,000	8,624,000	8,478,000	8,426,562	8,225,397	8,057,790	7,816,819	7,705,672	7,528,343	7,426,793	7,294,892	7,165,200	6,996,500	6,957,200	6,910,600	6,928,000	6,924,400	6,949,800	6,961,300	6,987,100	-	-	-
Property Plant And Equipment Net	33,776,000	32,938,000	32,351,000	31,735,000	31,262,000	30,608,000	30,086,000	29,578,000	29,261,000	28,559,000	28,020,000	27,307,000	26,807,000	25,541,000	25,081,000	24,678,000	24,376,000	23,894,000	23,479,000	23,044,000	22,810,000	22,379,000	21,998,000	21,666,000	21,466,000	20,906,000	20,589,000	20,298,000	20,113,000	19,647,000	19,324,000	19,000,000	18,799,000	18,307,000	17,986,000	17,700,000	17,424,000	16,991,000	16,726,000	16,425,000	16,205,000	15,834,000	15,601,000	15,408,000	16,096,000	17,833,000	17,690,000	17,535,000	18,127,000	17,873,000	17,945,000	17,888,000	17,853,000	17,655,000	17,747,000	17,671,000	17,610,000	17,272,000	17,006,000	16,781,000	16,567,000	15,977,000	15,566,000	15,294,000	15,069,000	14,729,000	14,538,000	14,353,000	14,286,000	14,028,000	13,920,000	13,854,000	13,572,000	13,402,000	13,397,000	13,332,000	13,297,000	13,052,000	11,052,000	10,963,000	10,917,000	10,152,000	10,197,000	10,182,000	8,914,000	8,689,000	8,624,000	8,478,000	8,426,562	8,225,397	8,057,790	7,816,819	7,705,672	7,528,343	7,426,793	7,294,892	7,165,200	6,996,500	6,957,200	6,910,600	6,928,000	6,924,400	6,949,800	6,961,300	6,987,100	-	-	-
Property Plant Equipment	0	32,938,000	32,351,000	31,735,000	31,262,000	30,608,000	30,086,000	29,578,000	29,261,000	28,559,000	28,020,000	27,307,000	26,807,000	25,541,000	25,081,000	24,678,000	24,376,000	23,894,000	23,479,000	23,044,000	22,810,000	22,379,000	21,998,000	21,666,000	21,466,000	20,906,000	20,589,000	20,298,000	20,113,000	19,647,000	19,324,000	19,000,000	18,799,000	18,307,000	17,986,000	17,700,000	17,424,000	16,991,000	16,726,000	16,425,000	16,205,000	15,834,000	15,601,000	15,408,000	16,096,000	17,833,000	17,690,000	17,535,000	18,127,000	17,873,000	17,945,000	17,888,000	17,853,000	17,655,000	17,747,000	17,671,000	17,610,000	17,272,000	17,006,000	16,781,000	16,567,000	15,977,000	15,566,000	15,294,000	15,069,000	14,729,000	14,538,000	14,353,000	14,286,000	14,028,000	13,920,000	13,854,000	13,572,000	13,402,000	13,397,000	13,332,000	13,297,000	13,052,000	11,052,000	10,963,000	10,917,000	10,152,000	10,197,000	10,182,000	8,914,000	8,689,000	8,624,000	8,478,000	8,426,562	8,225,397	8,057,790	7,816,819	7,705,672	7,528,343	7,426,793	7,294,892	0	0	0	0	0	0	0	0	-	-	-	-
Retained Earnings	4,136,000	4,144,000	3,817,000	3,745,000	3,646,000	3,636,000	3,336,000	3,282,000	3,182,000	3,199,000	2,915,000	2,850,000	2,757,000	2,769,000	2,525,000	2,404,000	2,380,000	2,408,000	2,161,000	2,099,000	2,024,000	2,073,000	1,827,000	1,699,000	1,660,000	1,830,000	1,649,000	1,563,000	1,568,000	1,643,000	1,376,000	1,333,000	1,331,000	1,405,000	1,161,000	1,111,000	1,103,000	1,154,000	957,000	906,000	907,000	967,000	762,000	764,000	1,006,000	2,259,000	1,983,000	1,869,000	2,369,000	2,440,000	2,248,000	2,203,000	2,225,000	2,266,000	2,526,000	2,466,000	2,455,000	2,467,000	2,323,000	2,241,000	2,181,000	2,259,000	2,188,000	2,115,000	2,110,000	2,134,000	2,023,000	2,011,000	2,024,000	2,094,000	1,932,000	1,939,000	1,999,000	2,109,000	1,959,000	1,903,000	1,904,000	1,945,000	1,835,000	1,834,000	1,853,000	1,917,000	1,745,000	1,738,000	1,739,000	1,868,000	1,725,000	1,701,000	1,733,558	1,772,113	1,592,406	1,585,667	1,613,960	1,675,073	1,506,290	1,480,056	1,505,800	1,601,600	1,438,900	1,439,500	1,472,200	1,533,200	1,383,700	1,387,300	1,434,700	-	-	-
Retained Earnings Total Equity	0	0	3,817,000	3,745,000	3,646,000	3,636,000	3,336,000	3,282,000	3,182,000	3,199,000	2,915,000	2,850,000	2,757,000	2,769,000	2,525,000	2,404,000	2,380,000	2,408,000	2,161,000	2,099,000	2,024,000	2,073,000	1,827,000	1,699,000	1,660,000	1,830,000	1,649,000	1,563,000	1,568,000	1,643,000	1,376,000	1,333,000	1,331,000	1,405,000	1,161,000	1,111,000	1,103,000	1,154,000	957,000	906,000	907,000	967,000	762,000	0	0	8,026,000	7,700,000	0	0	0	0	0	0	0	0	8,110,000	8,060,000	8,046,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Short Long Term Debt	1,385,000	2,189,000	1,679,000	1,348,000	1,410,000	1,376,000	1,626,000	1,606,000	1,050,000	610,000	439,000	897,000	498,000	629,000	477,000	972,000	882,000	880,000	1,335,000	1,135,000	573,000	649,000	847,000	1,170,000	841,000	777,000	8,291,000	8,192,000	681,000	1,039,000	1,209,000	716,000	395,000	0	0	0	120,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Short Long Term Debt Total	16,506,000	16,018,000	16,007,000	15,529,000	15,095,000	14,953,000	14,611,000	14,169,000	13,612,000	13,054,000	12,931,000	12,424,000	11,576,000	10,801,000	10,648,000	10,350,000	9,797,000	9,531,000	9,557,000	9,356,000	9,036,000	8,784,000	8,966,000	8,896,000	8,419,000	8,145,000	8,291,000	8,192,000	7,834,000	7,646,000	7,814,000	7,597,000	7,576,000	7,159,000	7,262,000	7,195,000	6,954,000	6,697,000	6,737,000	6,574,000	6,406,000	6,158,000	6,183,000	6,158,000	6,981,000	6,992,000	6,887,000	6,982,000	7,004,000	7,210,000	7,396,000	7,612,000	7,737,000	7,738,000	8,007,000	7,947,000	8,167,000	7,884,000	8,415,000	8,277,000	8,108,000	7,819,000	7,881,000	7,506,000	7,384,000	6,891,000	7,333,000	6,516,000	6,353,000	6,125,000	6,226,000	6,122,000	5,643,000	5,571,000	5,440,000	5,754,000	5,861,000	6,458,000	4,377,000	4,401,000	4,729,000	4,548,000	4,764,000	4,857,000	4,043,000	3,745,000	3,698,000	3,523,000	3,615,675	3,317,683	3,444,716	3,067,043	2,992,772	2,834,652	2,893,279	2,875,697	2,657,500	2,538,800	2,573,700	2,532,900	2,549,600	2,712,500	2,741,200	2,691,400	2,644,600	-	-	-
Short Term Debt	1,385,000	2,189,000	1,679,000	1,348,000	1,410,000	1,376,000	1,626,000	1,606,000	1,050,000	610,000	439,000	897,000	498,000	629,000	477,000	972,000	882,000	880,000	1,335,000	1,135,000	1,177,000	1,170,000	1,353,000	2,130,000	1,325,000	1,223,000	1,470,000	1,595,000	1,239,000	1,039,000	1,209,000	716,000	696,000	1,178,000	1,281,000	1,335,000	834,000	872,000	912,000	1,348,000	902,000	884,000	909,000	355,000	355,000	211,000	209,000	305,000	327,000	528,000	342,000	489,000	424,000	479,000	354,000	204,000	224,000	563,000	1,094,000	1,377,000	1,554,000	1,676,000	1,735,000	2,440,000	1,693,000	1,405,000	1,822,000	1,256,000	1,068,000	776,000	521,000	614,000	289,000	370,000	511,000	772,000	840,000	294,000	326,000	333,000	659,000	502,000	587,000	358,000	610,000	261,000	189,000	242,000	780,297	506,535	471,427	318,262	247,704	529,440	393,279	532,876	209,100	237,200	211,100	247,200	260,200	320,900	159,700	157,300	138,500	-	-	-
Short Term Investments	0	1,321,000	3,502,000	1,180,000	240,000	0	3,669,000	0	3,347,000	3,902,000	3,780,000	3,659,000	3,570	3,386	0	0	641,000	0	0	0	761,000	15,000	12,000	12,000	676,000	0	0	0	715,000	0	0	0	739,000	0	0	0	823,000	0	0	0	738,000	0	0	0	1,073,000	0	0	0	7,532,000	7,532,000	0	0	0	153,000	166,000	233,000	0	239,000	277,000	324,000	0	0	0	0	0	0	0	0	3,405,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	237,600	0	0	0	0	0	0	0	0	-	-	-	-
Temporary Equity Redeemable Noncontrolling Interests	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	8,026,000	7,700,000	0	0	0	0	0	0	0	0	8,110,000	8,060,000	8,046,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Total Assets	40,830,000	39,599,000	38,947,000	38,064,000	37,904,000	37,657,000	37,108,000	36,197,000	35,735,000	34,665,000	33,916,000	32,789,000	32,030,000	30,517,000	30,016,000	29,272,000	28,933,000	28,546,000	28,103,000	27,509,000	27,215,000	26,959,000	26,639,000	26,079,000	25,945,000	25,617,000	25,254,000	24,811,000	24,699,000	24,134,000	23,793,000	23,385,000	23,640,000	23,459,000	23,152,000	22,884,000	22,676,000	21,876,000	21,588,000	21,166,000	21,042,000	22,385,000	22,276,000	21,952,000	21,835,000	23,498,000	22,980,000	22,899,000	23,645,000	23,356,000	23,391,000	23,329,000	23,515,000	23,631,000	23,915,000	23,688,000	23,790,000	23,594,000	23,190,000	23,071,000	22,657,000	21,479,000	21,645,000	20,758,000	20,728,000	20,405,000	20,531,000	19,626,000	19,578,000	18,830,000	18,450,000	18,314,000	18,162,000	18,090,000	17,491,000	17,333,000	17,434,000	17,764,000	14,677,000	14,639,000	14,233,000	13,537,000	13,457,000	13,589,000	11,499,000	11,214,000	10,710,000	10,405,000	10,400,575	10,277,936	10,063,415	9,666,815	9,714,430	9,621,682	9,312,463	9,315,289	9,177,600	9,258,700	8,936,900	8,813,100	8,847,400	9,122,100	8,880,400	8,797,300	8,827,500	-	-	-
Total Current Assets	2,181,000	2,084,000	2,019,000	2,062,000	2,668,000	2,518,000	2,396,000	2,031,000	1,968,000	2,204,000	2,116,000	1,823,000	1,653,000	1,590,000	1,620,000	1,464,000	1,431,000	1,495,000	1,514,000	1,422,000	1,533,000	1,640,000	1,685,000	1,567,000	1,612,000	1,581,000	1,571,000	1,450,000	1,593,000	1,599,000	1,594,000	1,458,000	1,917,000	1,983,000	1,991,000	1,993,000	2,046,000	1,942,000	1,965,000	1,840,000	1,972,000	3,273,000	3,408,000	3,296,000	2,369,000	2,406,000	2,154,000	2,124,000	2,295,000	2,680,000	2,603,000	2,715,000	2,894,000	3,120,000	2,830,000	2,658,000	2,842,000	2,780,000	2,664,000	2,757,000	2,515,000	2,547,000	2,766,000	2,303,000	2,480,000	2,341,000	2,565,000	1,860,000	1,874,000	1,737,000	1,545,000	1,463,000	1,818,000	1,983,000	1,565,000	1,438,000	1,582,000	2,142,000	1,652,000	1,687,000	1,317,000	1,310,000	1,177,000	1,291,000	1,452,000	1,460,000	976,000	784,000	863,514	983,081	911,333	772,084	921,182	1,005,907	779,565	864,539	879,000	1,150,500	841,400	755,700	771,200	1,075,500	798,900	684,500	711,200	-	-	-
Total Current Liabilities	3,345,000	4,017,000	3,243,000	2,757,000	3,366,000	3,175,000	3,588,000	3,145,000	2,826,000	2,357,000	2,177,000	2,307,000	2,180,000	2,105,000	2,000,000	2,367,000	2,505,000	2,285,000	2,752,000	2,392,000	2,687,000	2,580,000	2,711,000	3,345,000	2,940,000	2,581,000	2,765,000	2,762,000	2,674,000	2,291,000	2,430,000	1,839,000	2,093,000	2,489,000	2,556,000	2,520,000	2,249,000	2,119,000	2,312,000	2,725,000	2,461,000	3,228,000	3,286,000	2,577,000	1,698,000	1,546,000	1,603,000	1,614,000	1,785,000	1,848,000	1,727,000	1,837,000	1,888,000	1,914,000	1,760,000	1,640,000	1,711,000	1,926,000	2,545,000	2,881,000	3,063,000	2,918,000	3,078,000	3,510,000	2,902,000	2,504,000	2,820,000	2,249,000	2,202,000	1,840,000	1,408,000	1,499,000	1,487,000	1,396,000	1,380,000	1,675,000	1,807,000	1,374,000	1,034,000	1,016,000	1,457,000	1,249,000	1,263,000	1,057,000	1,201,000	1,030,000	989,000	919,000	1,581,024	1,486,529	1,285,505	1,147,246	1,185,961	1,465,396	1,188,266	1,345,453	1,077,200	1,198,300	985,700	941,000	954,700	1,077,600	783,900	720,600	747,000	-	-	-
Total Liab	29,352,000	28,427,000	28,121,000	27,328,000	27,267,000	27,327,000	27,099,000	26,262,000	25,906,000	24,851,000	24,434,000	23,512,000	22,950,000	21,886,000	21,647,000	21,045,000	20,732,000	20,342,000	20,170,000	19,662,000	19,442,000	19,161,000	19,111,000	18,707,000	18,619,000	18,130,000	17,954,000	17,605,000	17,454,000	16,799,000	16,729,000	16,374,000	16,552,000	16,303,000	16,246,000	16,038,000	15,821,000	14,960,000	14,874,000	14,511,000	14,356,000	15,660,000	15,751,000	15,436,000	15,068,000	15,472,000	15,280,000	15,320,000	15,577,000	15,204,000	15,448,000	15,449,000	15,631,000	15,722,000	15,715,000	15,578,000	15,730,000	15,548,000	15,836,000	15,798,000	15,478,000	14,412,000	14,804,000	13,981,000	13,954,000	13,629,000	13,894,000	13,051,000	12,979,000	12,263,000	12,086,000	11,983,000	11,781,000	11,619,000	11,212,000	11,481,000	11,425,000	11,723,000	9,232,000	9,231,000	9,675,000	8,969,000	9,066,000	9,228,000	7,449,000	6,959,000	6,917,000	6,670,000	6,813,084	6,682,491	6,660,849	6,269,361	6,278,622	6,124,214	5,983,133	6,012,175	5,848,700	5,834,500	5,675,400	5,551,000	5,552,600	5,766,100	5,673,800	5,587,100	5,569,800	-	-	-
Total Permanent Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	7,798,000	7,528,000	7,372,000	7,326,000	7,487,000	7,300,000	7,206,000	7,245,000	7,335,000	7,064,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	8,026,000	7,700,000	0	0	0	0	0	0	0	0	8,110,000	8,060,000	8,046,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Total Stockholder Equity	11,349,000	11,043,000	10,697,000	10,607,000	10,508,000	10,201,000	9,880,000	9,806,000	9,700,000	9,685,000	9,353,000	9,148,000	8,938,000	8,489,000	8,227,000	8,085,000	8,059,000	8,062,000	7,791,000	7,705,000	7,631,000	7,656,000	7,386,000	7,230,000	7,184,000	7,345,000	7,158,000	7,064,000	7,103,000	7,193,000	6,922,000	6,869,000	6,946,000	7,014,000	6,764,000	6,704,000	6,713,000	6,774,000	6,572,000	6,513,000	6,544,000	6,574,000	6,374,000	6,365,000	6,616,000	7,874,000	7,555,000	7,432,000	7,919,000	7,997,000	7,788,000	7,725,000	7,730,000	7,754,000	7,991,000	7,901,000	7,853,000	7,840,000	7,147,000	7,061,000	7,158,000	7,043,000	6,817,000	6,754,000	6,752,000	6,756,000	6,618,000	6,557,000	6,583,000	6,548,000	6,349,000	6,314,000	6,364,000	6,456,000	6,264,000	5,838,000	5,995,000	6,028,000	5,420,000	5,385,000	4,536,000	4,547,000	4,372,000	4,345,000	4,035,000	4,241,000	3,780,000	3,731,000	3,583,957	3,591,911	3,399,032	3,393,920	3,431,868	3,493,513	3,325,360	3,299,126	3,324,900	3,420,700	3,258,000	3,258,600	3,291,300	3,352,500	3,203,100	3,206,700	3,254,200	-	-	-
Treasury Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-8,026,000	-7,700,000	0	0	0	0	0	0	0	0	-8,110,000	-8,060,000	-8,046,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Warrants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-

Cash Flow

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31
Begin Period Cash Flow	23,000	155,000	301,000	176,000	107,000	68,000	9,000	292,000	5,000	30,000	209,000	255,000	545,000	622,000	92,000	355,000	137,000	96,000	69,000	111,000	628,000	67,000	125,968	194,882	76,900	42,400	11,900
Capital Expenditures	3,771,000	3,380,000	3,523,000	3,299,000	2,442,000	2,338,000	2,195,000	2,131,000	1,969,000	1,859,000	1,424,000	1,331,000	1,092,000	1,121,000	1,784,000	2,069,000	1,449,000	1,031,000	947,000	806,000	682,000	815,000	1,126,945	950,254	592,700	345,300	416,000
Cash And Cash Equivalents Changes	0	61,000	-146,000	125,000	69,000	39,000	1,000	-283,000	287,000	-25,000	-179,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash Flows Other Operating	0	-210,000	-565,000	-337,000	105,000	203,000	56,000	194,000	140,000	-229,000	43,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change In Cash	15,000	61,000	-146,000	125,000	69,000	39,000	1,000	-283,000	287,000	-25,000	-179,000	-46,000	-290,000	-77,000	530,000	-263,000	218,000	41,000	27,000	-42,000	-517,000	561,000	-58,876	-68,914	118,000	34,500	-2,200
Change In Working Capital	-326,000	-494,000	-788,000	-484,000	91,000	44,000	79,000	140,000	118,000	-267,000	-66,000	96,000	90,000	-33,000	164,000	-24,000	-307,000	-9,000	-127,000	-110,000	-2,000	-172,000	-160,818	10,197	201,000	89,600	-20,200
Change Receivables	0	-317,000	-74,000	-47,000	79,000	-24,000	-53,000	-71,000	83,000	31,000	-60,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Account Receivables	144,000	-68,000	-273,000	-15,000	13,000	-149,000	-46,000	5,000	72,000	-10,000	-60,000	33,000	146,000	-85,000	14,000	-36,000	-186,000	91,000	-39,000	2,000	6,000	0	70,593	0	0	0	0
Change To Inventory	-67,000	-77,000	-71,000	-25,000	-10,000	39,000	17,000	11,000	-14,000	3,000	60,000	5,000	-27,000	78,000	67,000	-100,000	-88,000	-75,000	-75,000	-25,000	-47,000	-4,000	-68,072	26,174	-7,400	-18,200	16,500
Change To Liabilities	0	110,000	-78,000	-75,000	-83,000	-174,000	59,000	6,000	-91,000	-72,000	-109,000	0	0	27,000	0	57,000	20,000	0	129,000	29,000	0	0	0	121,650	0	0	0
Change To Netincome	0	219,000	159,000	159,000	145,000	252,000	522,000	379,000	367,000	413,000	703,000	3,000	0	9,000	0	0	21,000	0	107,000	0	39,000	38,000	7,540	0	0	0	0
Change To Operating Activities	0	-223,000	-788,000	-484,000	33,000	61,000	42,000	161,000	87,000	-253,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	1,500,000	1,438,000	1,277,000	1,153,000	1,081,000	1,033,000	952,000	923,000	874,000	791,000	737,000	818,000	747,000	837,000	801,000	762,000	333,000	656,000	68,000	281,000	0	0	0	0	0	0	0
Dividends Paid	-662,000	610,000	565,000	494,000	472,000	451,000	431,000	416,000	402,000	390,000	388,000	382,000	375,000	368,000	359,000	564,000	548,000	522,000	511,000	479,000	410,000	376,000	348,819	348,527	348,500	348,500	331,300
End Period Cash Flow	38,000	216,000	155,000	301,000	176,000	107,000	10,000	9,000	292,000	5,000	30,000	209,000	255,000	545,000	622,000	92,000	355,000	137,000	96,000	69,000	111,000	628,000	67,092	125,968	194,900	76,900	9,700
Exchange Rate Changes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Free Cash Flow	-1,207,000	-1,117,000	-1,862,000	-1,572,000	-272,000	-168,000	-91,000	-8,000	48,000	-308,000	269,000	359,000	786,000	721,000	193,000	-536,000	-347,000	248,000	224,000	323,000	349,000	18,000	-388,903	-94,672	324,900	457,900	271,400
Investments	-3,568,000	-3,370,000	-3,528,000	-41,000	4,000	-16,000	-17,000	-15,000	6,000	81,000	-18,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issuance Of Capital Stock	332,000	333,000	308,000	476,000	68,000	74,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Borrowings	0	1,466,000	2,044,000	1,771,000	773,000	609,000	579,000	242,000	652,000	536,000	245,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	1,152,000	1,079,000	995,000	877,000	834,000	821,000	529,000	659,000	585,000	593,000	518,000	-974,000	526,000	151,000	624,000	605,000	618,000	547,000	606,000	530,000	524,000	382,000	468,545	457,094	385,100	386,500	386,500
Other Cashflows From Financing Activities	3,267,000	1,950,000	1,999,000	-46,000	-52,000	-41,000	1,214,000	546,000	768,000	1,228,000	638,000	864,000	-74,000	-36,000	1,087,000	1,569,000	2,088,000	942,000	-6,000	-48,000	-60,000	567,000	623,828	334,454	107,100	-97,500	92,800
Other Cashflows From Investing Activities	0	10,000	-5,000	-619,000	-28,000	-34,000	-56,000	-50,000	-65,000	-13,000	-326,000	18,000	12,000	24,000	0	0	0	13,000	17,000	25,000	3,000	1,000	803	26,241	0	0	0
Other Non Cash Items	-17,000	46,000	-1,000	12,000	-23,000	28,000	-12,000	-2,000	47,000	-42,000	67,000	-125,000	-34,000	-12,000	-17,000	23,000	819,000	51,000	633,000	358,000	497,000	549,000	402,297	386,592	354,100	351,900	345,600
Sale Purchase Of Stock	-20,000	333,000	-13,000	2,233,000	1,370,000	1,464,000	-24,000	-51,000	0	0	0	0	0	-52,000	-65,000	-16,000	-1,000	-1,000	-1,000	-1,000	-31,000	-42,000	0	0	0	0	-63,900
Stock Based Compensation	26,000	24,000	22,000	21,000	20,000	20,000	17,000	17,000	24,000	25,000	27,000	2,589,000	203,000	597,000	3,000	0	-333,000	-57,000	-68,000	-281,000	0	0	0	0	0	0	0
Total Cash From Financing Activities	1,290,000	1,168,000	1,721,000	1,727,000	334,000	205,000	102,000	-265,000	246,000	141,000	-149,000	-426,000	-1,120,000	-807,000	342,000	301,000	584,000	28,000	-263,000	95,000	-367,000	531,000	308,406	-14,073	-241,400	-446,000	-302,400
Total Cash From Operating Activities	2,564,000	2,263,000	1,661,000	1,727,000	2,170,000	2,170,000	2,104,000	2,123,000	2,017,000	1,551,000	1,693,000	1,690,000	1,878,000	1,842,000	1,977,000	1,533,000	1,102,000	1,279,000	1,171,000	1,129,000	1,031,000	833,000	738,042	855,582	917,600	803,200	687,400
Total Cashflows From Investing Activities	0	-3,370,000	-3,528,000	-3,329,000	-2,435,000	-2,336,000	-2,205,000	-2,141,000	-1,976,000	-1,717,000	-1,723,000	-1,310,000	0	-1,112,000	-1,789,000	0	0	0	0	0	0	0	0	0	0	0	0

	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-11-23	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31	1999-09-30	1999-06-30	1999-03-31	1998-12-31	1998-09-30	1998-06-30	1998-03-31
Begin Period Cash Flow	21,000	246,000	237,000	216,000	180,000	161,000	154,000	155,000	145,000	267,000	172,000	301,000	168,000	163,000	203,000	176,000	155,000	122,000	118,000	107,000	92,000	96,000	89,000	68,000	9,000	10,000	8,000	9,000	18,000	13,000	13,000	292,000	72,000	2,000	6,000	5,000	13,000	46,000	26,000	30,000	194,000	150,000	161,000	184,000	298,000	117,000	208,000	255,000	522,000	522,000	378,000	573,000	545,000	608,000	506,000	360,000	622,000	563,000	251,000	304,000	92,000	206,000	205,000	186,000	355,000	170,000	687,000	161,000	137,000	34,000	51,000	29,000	96,000	278,000	27,000	30,000	69,000	647,000	511,000	633,000	111,000	100,000	101,000	294,000	628,000	629,000	150,000	60,000	67,000	112,112	72,530	91,469	125,968	237,537	48,901	39,691	194,882	331,100	54,000	74,200	76,900	62,300	47,100	45,800	9,700
Capital Expenditures	1,137,000	762,000	921,000	951,000	921,000	899,000	770,000	790,000	891,000	865,000	879,000	888,000	1,354,000	661,000	613,000	671,000	655,000	637,000	585,000	565,000	619,000	591,000	537,000	591,000	620,000	527,000	517,000	531,000	594,000	513,000	507,000	517,000	607,000	488,000	440,000	434,000	521,000	429,000	457,000	452,000	447,000	377,000	314,000	286,000	370,000	344,000	297,000	320,000	289,000	1,030,000	263,000	295,000	245,000	340,000	212,000	257,000	312,000	446,000	461,000	454,000	427,000	751,000	520,000	276,000	522,000	375,000	326,000	363,000	385,000	328,000	272,000	252,000	179,000	287,000	218,000	232,000	210,000	259,000	168,000	214,000	165,000	225,000	125,000	188,000	144,000	225,000	173,000	253,000	164,000	299,848	287,948	327,692	211,457	280,941	204,149	235,561	229,603	230,700	119,700	162,800	79,500	122,500	74,600	78,800	69,400
Cash And Cash Equivalents Changes	0	0	9,000	21,000	36,000	19,000	7,000	-1,000	10,000	-122,000	95,000	-129,000	133,000	5,000	-40,000	27,000	21,000	33,000	4,000	11,000	15,000	-4,000	7,000	21,000	1,000	-1,000	2,000	-1,000	-9,000	5,000	0	-279,000	220,000	70,000	-4,000	1,000	-8,000	-33,000	20,000	-4,000	0	0	0	0	0	0	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash Flows Other Operating	0	0	-43,000	58,000	-38,000	40,000	-233,000	21,000	-107,000	49,000	-77,000	-430,000	-216,000	-25,000	-79,000	-17,000	14,000	98,000	-19,000	12,000	-8,000	120,000	70,000	21,000	-47,000	85,000	4,000	14,000	39,000	23,000	44,000	88,000	46,000	2,000	18,000	74,000	-126,000	-50,000	27,000	-80,000	0	0	0	0	0	0	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change In Cash	17,000	30,000	9,000	21,000	36,000	19,000	7,000	-1,000	10,000	-122,000	95,000	-129,000	133,000	5,000	-40,000	27,000	21,000	33,000	4,000	11,000	15,000	-4,000	7,000	21,000	1,000	-1,000	2,000	-1,000	-9,000	5,000	5,000	-279,000	220,000	70,000	-4,000	1,000	-8,000	-33,000	20,000	-4,000	-164,000	44,000	-11,000	-23,000	-89,000	181,000	-91,000	-47,000	-267,000	0	144,000	-195,000	28,000	-63,000	102,000	146,000	-262,000	59,000	312,000	-53,000	212,000	-114,000	1,000	19,000	-169,000	185,000	-517,000	526,000	24,000	103,000	-17,000	22,000	-67,000	-182,000	251,000	-3,000	-39,000	-578,000	136,000	-122,000	522,000	11,000	-1,000	-193,000	-334,000	-1,000	479,000	90,000	-7,000	-45,020	39,582	-18,939	-34,499	-111,569	188,636	9,210	-155,191	-136,200	277,100	-20,200	-2,700	14,600	15,200	1,300	36,100
Change In Working Capital	-106,000	-42,000	-9,000	-169,000	88,000	-195,000	-134,000	-253,000	-17,000	-81,000	-87,000	-603,000	-36,000	-91,000	-166,000	-191,000	105,000	62,000	27,000	-103,000	119,000	108,000	752,000	-183,000	119,000	55,000	-30,000	-65,000	264,000	-40,000	-50,000	-34,000	188,000	-9,000	26,000	-87,000	38,000	-137,000	-18,000	-150,000	17,000	-189,000	50,000	56,000	207,000	-163,000	-60,000	112,000	171,000	-	-134,000	-166,000	219,000	151,000	-130,000	-87,000	33,000	-148,000	145,000	-53,000	220,000	-18,000	206,000	-192,000	-20,000	-12,000	-180,000	-157,000	42,000	18,000	-43,000	-19,000	35,000	-60,000	-1,000	-110,000	44,000	-167,000	124,000	-103,000	36,000	3,000	9,000	-33,000	19,000	-136,000	10,000	5,000	-51,000	-158,575	154,376	-186,578	29,959	-21,585	161,776	-187,579	57,585	-5,700	168,800	6,900	31,000	86,300	41,600	-54,900	16,600
Change Receivables	0	0	61,000	112,000	-21,000	-109,000	-70,000	-117,000	138,000	-120,000	-87,000	-5,000	66,000	48,000	-156,000	-5,000	69,000	56,000	-50,000	4,000	105,000	41,000	-144,000	-26,000	6,000	-5,000	-98,000	44,000	63,000	-23,000	-166,000	55,000	154,000	9,000	-32,000	-48,000	15,000	78,000	24,000	-86,000	0	0	0	0	0	0	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Account Receivables	90,000	-79,000	120,000	112,000	119,000	-109,000	-187,000	7,000	-60,000	-172,000	-49,000	-24,000	-8,000	-48,000	-74,000	-3,000	79,000	56,000	76,000	4,000	-219,000	39,000	678,000	-26,000	-41,000	-5,000	-18,000	28,000	5,000	-16,000	-83,000	-22,000	72,000	23,000	15,000	-48,000	-10,000	76,000	64,000	-86,000	28,000	97,000	-29,000	-50,000	33,000	12,000	-78,000	109,000	146,000	0	125,000	-67,000	17,000	-85,000	-35,000	-6,000	-2,000	14,000	1,000	22,000	33,000	-36,000	76,000	0	-9,000	-186,000	0	0	-257,000	146,000	157,000	168,000	-18,000	34,000	0	0	-124,000	144,000	21,000	0	37,000	6,000	17,000	6,000	13,000	0	0	0	26,000	70,593	0	0	85,586	0	0	0	0	0	0	0	0	0	0	0	0
Change To Inventory	26,000	-49,000	-81,000	37,000	26,000	-95,000	-80,000	72,000	2,000	-68,000	-59,000	54,000	36,000	-42,000	-42,000	23,000	-6,000	-54,000	-31,000	81,000	43,000	-50,000	-22,000	68,000	37,000	-34,000	-46,000	60,000	24,000	-36,000	-32,000	55,000	9,000	-48,000	-50,000	75,000	37,000	-69,000	-67,000	102,000	53,000	-70,000	-50,000	91,000	49,000	-71,000	-53,000	80,000	7,000	27,000	-89,000	-80,000	135,000	39,000	-69,000	-40,000	148,000	78,000	-120,000	-76,000	185,000	116,000	-232,000	-163,000	179,000	22,000	-145,000	-123,000	158,000	61,000	-161,000	-126,000	151,000	59,000	-108,000	-86,000	60,000	7,000	-61,000	-46,000	75,000	22,000	-55,000	-58,000	44,000	-19,000	-17,000	-5,000	37,000	-18,491	-8,373	-63,899	22,691	22,276	-12,595	-12,731	29,224	4,700	-2,200	-13,200	3,300	-7,300	-4,700	-900	-5,300
Change To Liabilities	0	48,000	54,000	-376,000	121,000	-31,000	235,000	-229,000	143,000	58,000	44,000	-222,000	78,000	-72,000	111,000	-192,000	28,000	-38,000	127,000	-200,000	-21,000	-3,000	96,000	-246,000	123,000	9,000	110,000	-183,000	138,000	-4,000	105,000	-232,000	-21,000	28,000	90,000	-188,000	112,000	-96,000	-2,000	-86,000	81,000	0	0	0	0	0	0	0	0	0	0	0	0	27,000	0	0	0	0	0	0	0	57,000	0	0	0	20,000	0	0	0	0	0	0	0	129,000	0	0	0	29,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	121,650	0	0	0	0	0	0	0	0	0	0	0
Change To Netincome	0	85,000	10,000	28,000	32,000	95,000	56,000	38,000	18,000	81,000	24,000	33,000	29,000	59,000	29,000	42,000	17,000	82,000	22,000	24,000	29,000	135,000	59,000	29,000	167,000	187,000	123,000	45,000	27,000	228,000	88,000	36,000	44,000	201,000	70,000	52,000	60,000	186,000	81,000	86,000	0	104,000	67,000	41,000	3,000	97,000	75,000	35,000	0	0	94,000	76,000	71,000	9,000	99,000	75,000	40,000	0	81,000	77,000	29,000	0	44,000	0	4,000	21,000	75,000	59,000	77,000	0	148,000	0	0	107,000	172,000	112,000	87,000	0	257,000	117,000	79,000	39,000	167,000	99,000	68,000	38,000	214,000	107,000	69,000	7,540	265,758	78,588	76,917	0	0	0	0	0	0	0	0	0	0	0	0
Change To Operating Activities	0	15,000	15,000	-6,000	-21,000	-383,000	-367,000	-20,000	-297,000	-282,000	-29,000	-460,000	-246,000	-146,000	-57,000	-35,000	-34,000	25,000	45,000	-3,000	-103,000	119,000	70,000	-25,000	42,000	39,000	19,000	26,000	161,000	23,000	44,000	88,000	87,000	0	0	0	-253,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	381,000	380,000	334,000	369,000	376,000	369,000	347,000	346,000	337,000	324,000	321,000	295,000	283,000	293,000	291,000	286,000	280,000	274,000	259,000	268,000	263,000	259,000	257,000	254,000	228,000	243,000	240,000	241,000	235,000	231,000	223,000	234,000	221,000	219,000	216,000	218,000	195,000	200,000	196,000	200,000	191,000	183,000	177,000	186,000	266,000	179,000	226,000	188,000	160,000	747,000	162,000	212,000	213,000	159,000	218,000	203,000	203,000	151,000	208,000	201,000	188,000	93,000	0	0	23,000	333,000	0	0	19,000	91,000	0	0	80,000	68,000	0	0	18,000	294,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Dividends Paid	-166,000	166,000	165,000	165,000	153,000	152,000	153,000	152,000	142,000	141,000	142,000	140,000	127,000	123,000	122,000	122,000	122,000	117,000	117,000	116,000	117,000	111,000	112,000	111,000	111,000	106,000	107,000	107,000	107,000	103,000	103,000	103,000	104,000	99,000	100,000	99,000	99,000	97,000	97,000	97,000	97,000	97,000	97,000	97,000	98,000	97,000	97,000	90,000	96,000	0	98,000	91,000	95,000	85,000	88,000	95,000	93,000	72,000	86,000	90,000	90,000	165,000	118,000	148,000	133,000	153,000	132,000	132,000	131,000	131,000	131,000	130,000	130,000	128,000	130,000	129,000	124,000	123,000	124,000	116,000	116,000	102,000	103,000	103,000	102,000	97,000	97,000	91,000	91,000	87,424	87,131	87,132	87,132	87,132	87,131	87,132	87,132	87,100	87,100	0	87,100	87,100	87,100	0	0
End Period Cash Flow	38,000	246,000	246,000	237,000	216,000	180,000	161,000	154,000	155,000	145,000	267,000	172,000	301,000	168,000	163,000	203,000	176,000	155,000	122,000	118,000	107,000	92,000	96,000	89,000	10,000	9,000	10,000	8,000	9,000	18,000	13,000	13,000	292,000	72,000	2,000	6,000	5,000	13,000	46,000	26,000	30,000	194,000	150,000	161,000	209,000	298,000	117,000	208,000	255,000	522,000	522,000	378,000	573,000	545,000	608,000	506,000	360,000	622,000	563,000	251,000	304,000	92,000	206,000	205,000	186,000	355,000	170,000	687,000	161,000	137,000	34,000	51,000	29,000	96,000	278,000	27,000	30,000	69,000	647,000	511,000	633,000	111,000	100,000	101,000	294,000	628,000	629,000	150,000	60,000	67,092	112,112	72,530	91,469	125,968	237,537	48,901	39,691	194,900	331,100	54,000	74,200	76,900	62,300	47,100	45,800
Exchange Rate Changes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Free Cash Flow	-604,000	158,000	-306,000	-455,000	-257,000	-172,000	-286,000	-402,000	-422,000	-109,000	-408,000	-923,000	-956,000	-26,000	-209,000	-381,000	-153,000	152,000	-93,000	-178,000	-135,000	275,000	25,000	-333,000	-159,000	253,000	15,000	-200,000	-30,000	283,000	-93,000	-168,000	-118,000	273,000	29,000	-136,000	-173,000	120,000	-42,000	-213,000	-68,000	169,000	75,000	93,000	-41,000	212,000	116,000	72,000	23,000	-	400,000	54,000	309,000	-2,000	520,000	134,000	69,000	-215,000	377,000	-83,000	110,000	-463,000	230,000	-107,000	-196,000	-193,000	51,000	-178,000	-27,000	-79,000	188,000	31,000	108,000	-205,000	210,000	72,000	147,000	134,000	132,000	-22,000	79,000	-46,000	297,000	16,000	82,000	-125,000	214,000	-17,000	-54,000	-296,801	235,100	-302,289	-24,913	-187,279	303,520	-189,324	-21,589	-167,000	384,600	18,800	88,500	71,600	288,900	28,500	68,900
Investments	-1,142,000	-767,000	-925,000	-12,000	-912,000	-5,000	-772,000	-5,000	-2,454,000	-886,000	-871,000	-2,000	-7,000	-2,000	-17,000	-15,000	12,000	-7,000	2,000	-3,000	-3,000	-6,000	-3,000	-4,000	-4,000	-4,000	-3,000	-6,000	-2,000	-4,000	-4,000	-5,000	5,000	-2,000	3,000	0	13,000	5,000	11,000	52,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issuance Of Capital Stock	318,000	12,000	11,000	5,000	304,000	12,000	12,000	5,000	11,000	39,000	133,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Borrowings	0	12,000	475,000	673,000	134,000	339,000	444,000	555,000	558,000	120,000	515,000	846,000	772,000	151,000	296,000	552,000	265,000	-10,000	199,000	319,000	251,000	-184,000	67,000	475,000	272,000	-147,000	98,000	356,000	176,000	-170,000	217,000	20,000	450,000	-103,000	64,000	241,000	249,000	-40,000	158,000	169,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	158,000	494,000	239,000	265,000	164,000	453,000	209,000	253,000	126,000	426,000	208,000	235,000	116,000	369,000	244,000	148,000	95,000	366,000	180,000	193,000	69,000	359,000	240,000	153,000	-59,000	290,000	194,000	104,000	33,000	371,000	148,000	107,000	31,000	345,000	99,000	110,000	47,000	296,000	151,000	99,000	49,000	307,000	106,000	56,000	-1,155,000	374,000	210,000	-403,000	26,000	519,000	287,000	139,000	74,000	54,000	-164,000	155,000	106,000	82,000	229,000	168,000	145,000	57,000	204,000	206,000	138,000	108,000	244,000	143,000	123,000	61,000	293,000	123,000	70,000	20,000	280,000	185,000	121,000	83,000	232,000	118,000	97,000	38,000	275,000	110,000	101,000	-32,000	240,000	115,000	59,000	48,847	266,576	94,630	58,492	25,979	256,137	113,585	61,393	-5,600	249,800	86,500	54,400	26,300	236,600	83,700	39,900
Other Cashflows From Financing Activities	-1,000	1,000	473,000	649,000	188,000	338,000	436,000	538,000	549,000	-12,000	504,000	1,672,000	-10,000	149,000	295,000	-25,000	-8,000	-12,000	198,000	-35,000	-9,000	-1,000	66,000	454,000	527,000	-149,000	522,000	314,000	130,000	-172,000	343,000	245,000	455,000	-105,000	177,000	241,000	253,000	-43,000	688,000	330,000	643,000	-34,000	31,000	-2,000	133,000	849,000	-95,000	-23,000	305,000	0	8,000	-3,000	-73,000	511,000	-5,000	10,000	-33,000	1,447,000	-64,000	426,000	-3,000	312,000	-97,000	377,000	119,000	511,000	-446,000	814,000	162,000	228,000	-108,000	91,000	243,000	73,000	130,000	-309,000	-100,000	-8,000	103,000	-23,000	-326,000	411,000	-226,000	-130,000	-114,000	340,000	-6,000	173,000	-112,000	331,554	-127,227	378,789	74,109	159,332	-58,739	255,070	-21,209	118,500	-35,100	-46,400	-104,200	-4,900	-188,800	-37,600	-40,500
Other Cashflows From Investing Activities	0	-22,000	-17,000	-21,000	10,000	-2,000	-2,000	-1,000	9,000	-122,000	8,000	-193,000	-556,000	-8,000	-22,000	-33,000	1,000	-1,000	-8,000	-20,000	-17,000	-7,000	4,000	-14,000	-7,000	3,000	-23,000	-29,000	-8,000	-16,000	-17,000	-9,000	-34,000	1,000	-10,000	-22,000	-43,000	-20,000	-27,000	77,000	0	0	0	0	18,000	0	0	0	12,000	0	12,000	5,000	0	24,000	0	0	0	0	0	0	0	0	2,000	2,000	0	0	0	0	0	13,000	0	0	1,000	17,000	16,000	12,000	11,000	25,000	28,000	17,000	7,000	3,000	4,000	2,000	1,000	1,000	1,000	1,000	0	803	48	0	0	26,241	0	0	0	0	0	0	0	0	0	0	0
Other Non Cash Items	-6,000	19,000	14,000	-12,000	-3,000	23,000	19,000	7,000	1,000	1,000	-9,000	6,000	7,000	2,000	-15,000	18,000	-6,000	-8,000	1,000	-9,000	16,000	4,000	-746,000	2,000	-5,000	-3,000	1,000	-4,000	27,000	-1,000	-5,000	-6,000	-6,000	-2,000	65,000	-10,000	-18,000	-7,000	-14,000	-3,000	-38,000	52,000	21,000	32,000	-121,000	5,000	399,000	-417,000	-17,000	-	-12,000	-76,000	71,000	11,000	5,000	-19,000	-9,000	-21,000	-7,000	12,000	-1,000	17,000	317,000	71,000	185,000	132,000	287,000	195,000	205,000	86,000	184,000	206,000	-1,000	146,000	132,000	166,000	189,000	178,000	-113,000	158,000	135,000	156,000	99,000	139,000	103,000	205,000	120,000	119,000	105,000	98,402	101,279	97,729	104,887	99,545	97,276	93,566	96,205	81,100	93,300	88,800	90,900	91,100	89,000	83,200	88,600
Sale Purchase Of Stock	968,000	28,000	16,000	5,000	333,000	450,000	12,000	5,000	13,000	141,000	258,000	-13,000	1,138,000	10,000	14,000	640,000	523,000	17,000	18,000	652,000	575,000	15,000	23,000	17,000	0	0	0	-39,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	522,000	65,000	522,000	32,000	17,000	-80,000	-67,000	120,000	20,000	-65,000	64,000	47,000	349,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1,000	22,000	-1,000	-22,000	-30,000	0	0	-1,000	-1,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Stock Based Compensation	5,000	7,000	6,000	8,000	6,000	6,000	8,000	4,000	5,000	6,000	5,000	6,000	5,000	5,000	5,000	6,000	5,000	5,000	4,000	6,000	5,000	5,000	4,000	6,000	5,000	4,000	4,000	4,000	-17,000	5,000	6,000	6,000	4,000	6,000	6,000	8,000	5,000	5,000	6,000	9,000	8,000	5,000	5,000	9,000	1,886,000	21,000	-404,000	1,054,000	6,000	-	201,000	81,000	-85,000	70,000	569,000	34,000	-22,000	66,000	39,000	-2,000	-47,000	102,000	0	0	-23,000	-333,000	0	0	-19,000	-91,000	0	0	95,000	-68,000	0	0	-18,000	-294,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Cash From Financing Activities	635,000	-153,000	319,000	489,000	284,000	198,000	295,000	391,000	423,000	8,000	495,000	795,000	1,083,000	36,000	187,000	421,000	156,000	-112,000	99,000	191,000	148,000	-280,000	-23,000	360,000	160,000	-255,000	-10,000	207,000	17,000	-275,000	111,000	-118,000	345,000	-204,000	-37,000	142,000	149,000	-140,000	62,000	70,000	147,000	-131,000	-66,000	-99,000	-119,000	-2,000	-192,000	-113,000	-288,000	-1,120,000	-260,000	-296,000	-276,000	-65,000	-414,000	-2,000	-326,000	272,000	-63,000	26,000	107,000	194,000	-183,000	258,000	32,000	378,000	-555,000	709,000	52,000	115,000	-218,000	-9,000	140,000	-31,000	28,000	-66,000	-194,000	-682,000	446,000	-108,000	439,000	75,000	-301,000	-210,000	69,000	120,000	263,000	105,000	43,000	244,130	-214,358	291,657	-13,023	72,200	-145,870	167,938	-108,341	31,400	-122,200	-46,400	-104,200	-92,000	-275,900	-37,600	-40,500
Total Cash From Operating Activities	533,000	920,000	615,000	496,000	664,000	727,000	484,000	388,000	469,000	756,000	471,000	-35,000	398,000	635,000	404,000	290,000	502,000	789,000	492,000	387,000	484,000	866,000	562,000	258,000	461,000	780,000	532,000	331,000	564,000	796,000	414,000	349,000	489,000	761,000	469,000	298,000	348,000	549,000	415,000	239,000	379,000	546,000	389,000	379,000	329,000	556,000	413,000	392,000	312,000	1,878,000	663,000	349,000	554,000	338,000	732,000	391,000	381,000	231,000	838,000	371,000	537,000	288,000	750,000	169,000	326,000	182,000	377,000	185,000	358,000	249,000	460,000	283,000	287,000	82,000	428,000	304,000	357,000	393,000	300,000	192,000	244,000	179,000	422,000	204,000	226,000	100,000	387,000	236,000	110,000	3,047	523,048	25,403	186,544	93,662	507,669	46,237	208,014	63,700	504,300	181,600	168,000	194,100	363,500	107,300	138,300
Total Cashflows From Investing Activities	0	-2,656,000	-1,889,000	-964,000	-3,370,000	-906,000	-772,000	-780,000	-882,000	-886,000	-871,000	-889,000	-1,348,000	-666,000	-631,000	-684,000	-637,000	-644,000	-587,000	-567,000	-617,000	-590,000	-532,000	-597,000	-620,000	-526,000	-520,000	-539,000	-590,000	-516,000	-525,000	-510,000	-614,000	-487,000	-436,000	-439,000	-505,000	-442,000	-457,000	-313,000	-1,723,000	-1,033,000	-637,000	-303,000	-1,310,000	-1,011,000	-638,000	-326,000	0	-1,048,000	-757,000	-498,000	-250,000	-1,112,000	0	-560,000	-317,000	-1,789,000	-1,345,000	-882,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

Income Statement

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31
Cost Of Revenue	5,420,000	4,614,000	3,403,000	2,936,000	3,167,000	3,496,000	3,346,000	3,383,000	3,501,000	3,586,000	3,490,000	4,247,000	3,103,000	3,098,000	2,799,000	3,542,000	3,454,000	3,099,000	3,012,000	1,278,000	1,055,000	825,000	1,784,006	1,234,688	1,104,700	872,000	965,900
Depreciation And Amortization	1,500,000	1,664,000	1,479,000	1,304,000	1,211,000	1,033,000	952,000	923,000	874,000	791,000	737,000	818,000	747,000	837,000	801,000	762,000	791,000	656,000	631,000	601,000	562,000	469,000	422,458	369,795	387,200	377,900	387,500
Discontinued Operations	0	0	0	0	0	0	0	0	51,000	-1,000	-223,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Ebit	1,558,000	1,515,000	1,333,000	1,300,000	1,267,000	1,459,000	1,496,000	1,423,000	1,303,000	1,311,000	1,227,000	1,372,000	1,404,000	1,505,000	1,416,000	1,362,000	1,275,000	1,132,000	1,268,000	1,055,000	1,085,000	908,000	964,365	958,236	821,400	838,900	816,400
Ebitda	3,058,000	3,179,000	2,812,000	2,604,000	2,478,000	2,492,000	2,448,000	2,346,000	2,177,000	2,102,000	1,964,000	2,190,000	2,151,000	2,342,000	2,217,000	2,124,000	2,066,000	1,788,000	1,899,000	1,656,000	1,647,000	1,377,000	1,386,823	1,328,031	1,208,600	1,216,800	1,203,900
Effect Of Accounting Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Extraordinary Items	0	0	0	0	0	0	-154,000	0	51,000	0	0	0	0	0	0	0	0	0	0	0	18,000	0	0	0	0	0	0
Gross Profit	2,080,000	3,343,000	2,991,000	2,858,000	2,743,000	2,795,000	2,831,000	2,693,000	2,597,000	2,467,000	2,348,000	2,581,000	4,428,000	4,540,000	4,291,000	4,297,000	4,092,000	3,781,000	3,768,000	3,882,000	3,538,000	3,016,000	2,721,861	2,621,161	2,418,900	2,446,200	2,360,700
Income Before Tax	1,340,000	1,255,000	1,152,000	1,032,000	1,016,000	1,058,000	1,105,000	1,041,000	948,000	970,000	829,000	-1,654,000	836,000	476,000	956,000	971,000	948,000	831,000	984,000	812,000	807,000	619,000	775,438	758,286	644,000	654,200	620,700
Income Tax Expense	183,000	176,000	157,000	155,000	182,000	237,000	576,000	382,000	363,000	377,000	311,000	-680,000	310,000	325,000	332,000	327,000	330,000	284,000	356,000	282,000	301,000	237,000	300,052	301,192	258,900	267,700	234,200
Interest Expense	566,000	486,000	383,000	419,000	381,000	401,000	391,000	382,000	355,000	341,000	398,000	448,000	451,000	497,000	508,000	440,000	423,000	350,000	317,000	289,000	288,000	0	0	179,706	0	0	0
Interest Income	35,000	486,000	383,000	390,000	33,000	33,000	34,000	40,000	314,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	-5,000	-5,000	-5,000	6,000	-6,000	-6,000	6,000	6,000	6,000	6,000	6,000	0	7,000	12,000	12,000	29,000	27,000	27,000	3,000	4,000	7,000	14,000	0	0	0	0	0
Net Income	1,152,000	1,074,000	990,000	871,000	828,000	815,000	523,000	653,000	630,000	586,000	289,000	-974,000	519,000	139,000	612,000	605,000	618,000	547,000	606,000	530,000	524,000	382,000	468,545	457,094	385,100	386,500	334,700
Net Income Applicable To Common Shares	0	1,074,000	990,000	871,000	828,000	815,000	523,000	653,000	630,000	586,000	289,000	0	519,000	139,000	612,000	605,000	618,000	547,000	628,000	530,000	506,000	382,000	475,386	457,094	0	0	0
Net Income From Continuing Ops	1,162,000	1,079,000	995,000	887,000	833,000	811,000	529,000	659,000	585,000	593,000	518,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Interest Income	-508,000	-486,000	-383,000	-419,000	-348,000	-368,000	-357,000	-342,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Operating Income Net Other	0	226,000	202,000	151,000	130,000	102,000	38,000	42,000	44,000	57,000	43,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Recurring	0	0	0	0	0	0	0	0	69,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Operating Income	1,558,000	1,515,000	1,333,000	1,300,000	1,267,000	1,357,000	1,458,000	1,381,000	1,259,000	1,254,000	1,184,000	-1,240,000	1,241,000	916,000	1,416,000	1,362,000	1,342,000	1,173,000	1,284,000	1,078,000	1,090,000	873,000	965,039	941,502	821,400	838,900	816,400
Other Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Operating Expenses	5,942,000	6,442,000	5,061,000	4,494,000	4,643,000	4,934,000	4,719,000	4,695,000	4,839,000	4,799,000	4,654,000	5,490,000	6,165,000	6,133,000	5,674,000	6,477,000	6,204,000	5,707,000	5,496,000	4,082,000	3,503,000	2,968,000	3,540,828	2,914,347	2,702,200	2,479,300	2,510,200
Preferred Stock And Other Adjustments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Reconciled Depreciation	1,495,000	1,438,000	1,277,000	1,153,000	1,081,000	1,033,000	952,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Research Development	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Selling And Marketing Expenses	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Selling General Administrative	0	539,000	512,000	483,000	481,000	483,000	477,000	467,000	473,000	468,000	458,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax Provision	172,000	176,000	157,000	155,000	182,000	237,000	576,000	382,000	363,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Operating Expenses	522,000	1,828,000	1,658,000	1,558,000	1,476,000	1,438,000	1,373,000	1,312,000	1,338,000	1,213,000	1,164,000	1,243,000	3,062,000	3,035,000	2,875,000	6,477,000	2,750,000	2,608,000	2,484,000	2,804,000	2,448,000	2,143,000	1,756,822	1,679,659	1,597,500	1,607,300	1,544,300
Total Other Income Expense Net	-218,000	-260,000	-181,000	-268,000	-251,000	102,000	38,000	42,000	44,000	57,000	43,000	-2,544,000	-79,000	-532,000	48,000	49,000	67,000	46,000	17,000	23,000	5,000	-35,000	674	-4,400	-10,800	-2,600	-10,300
Total Revenue	7,500,000	7,957,000	6,394,000	5,794,000	5,910,000	6,291,000	6,177,000	6,076,000	6,098,000	6,053,000	5,838,000	6,828,000	7,531,000	7,638,000	7,090,000	7,839,000	7,546,000	6,880,000	6,780,000	5,160,000	4,593,000	3,841,000	4,505,867	3,855,849	3,523,600	3,318,200	3,326,600

	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-11-23	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31	1999-09-30	1999-06-30	1999-03-31	1998-12-31	1998-09-30	1998-06-30	1998-03-31	1997-12-31	1997-09-30	1997-06-30	1997-03-31
Cost Of Revenue	1,230,000	930,000	972,000	1,264,000	1,322,000	1,213,000	972,000	1,107,000	938,000	845,000	779,000	841,000	730,000	733,000	654,000	819,000	781,000	760,000	732,000	894,000	902,000	823,000	818,000	953,000	836,000	788,000	801,000	921,000	885,000	828,000	777,000	893,000	862,000	878,000	779,000	982,000	945,000	801,000	800,000	1,040,000	869,000	775,000	853,000	993,000	1,070,000	635,000	528,000	705,000	677,000	-1,527,000	845,000	687,000	894,000	743,000	821,000	637,000	897,000	701,000	619,000	589,000	890,000	918,000	905,000	671,000	589,000	862,000	825,000	710,000	1,057,000	786,000	707,000	628,000	978,000	938,000	711,000	597,000	770,000	53,000	377,000	357,000	484,000	-64,000	384,000	315,000	221,000	-279,000	331,000	353,000	525,000	449,312	513,781	381,204	439,709	357,880	308,789	270,094	297,925	319,900	304,700	248,000	232,100	182,900	252,800	226,300	209,900	-	-	-	-
Depreciation And Amortization	381,000	380,000	370,000	447,000	375,000	-255,000	407,000	405,000	928,000	-267,000	321,000	295,000	283,000	293,000	271,000	286,000	280,000	248,000	259,000	268,000	263,000	259,000	238,000	254,000	228,000	243,000	240,000	241,000	217,000	231,000	223,000	234,000	202,000	219,000	216,000	218,000	195,000	200,000	196,000	200,000	191,000	183,000	177,000	186,000	193,000	179,000	226,000	188,000	160,000	-	162,000	212,000	213,000	159,000	218,000	203,000	203,000	151,000	208,000	182,000	188,000	193,000	157,000	196,000	196,000	214,000	195,000	186,000	196,000	149,000	144,000	209,000	154,000	148,000	187,000	128,000	168,000	174,000	147,000	139,000	141,000	141,000	144,000	153,000	124,000	117,000	119,000	122,000	111,000	107,463	109,587	101,182	104,226	68,240	102,822	99,379	99,354	90,200	100,300	97,100	99,700	94,200	94,900	91,600	97,200	-	-	-	-
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-1,000	0	52,000	0	2,000	-1,000	-1,000	-1,000	0	-3,000	-10,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Ebit	264,000	699,000	411,000	351,000	322,000	599,000	309,000	331,000	247,000	589,000	334,000	360,000	245,000	542,000	402,000	271,000	210,000	554,000	309,000	317,000	184,000	565,000	414,000	296,000	237,000	586,000	405,000	260,000	154,000	695,000	332,000	230,000	152,000	632,000	247,000	264,000	142,000	575,000	339,000	255,000	181,000	582,000	273,000	192,000	143,000	644,000	363,000	217,000	187,000	0	708,000	316,000	227,000	233,000	678,000	331,000	298,000	278,000	485,000	365,000	321,000	152,000	456,000	428,000	320,000	189,000	481,000	320,000	286,000	140,000	563,000	274,000	203,000	133,000	512,000	400,000	262,000	182,000	412,000	248,000	213,000	136,000	497,000	253,000	198,000	8,000	439,000	311,000	150,000	105,662	482,872	212,013	170,103	102,553	474,872	241,523	157,751	34,400	459,800	192,300	135,000	94,300	437,200	187,100	120,300	-	-	-	-
Ebitda	645,000	1,079,000	781,000	798,000	697,000	344,000	716,000	736,000	1,175,000	322,000	655,000	655,000	528,000	835,000	673,000	557,000	490,000	802,000	568,000	585,000	447,000	824,000	652,000	550,000	465,000	829,000	645,000	501,000	371,000	926,000	555,000	464,000	354,000	851,000	463,000	482,000	337,000	775,000	535,000	455,000	372,000	765,000	450,000	378,000	336,000	823,000	589,000	405,000	347,000	-	870,000	528,000	440,000	392,000	896,000	534,000	501,000	429,000	693,000	547,000	509,000	345,000	613,000	624,000	516,000	403,000	676,000	506,000	482,000	289,000	707,000	483,000	357,000	281,000	699,000	528,000	430,000	356,000	559,000	387,000	354,000	277,000	641,000	406,000	322,000	125,000	558,000	433,000	261,000	213,125	592,459	313,195	274,329	170,793	577,694	340,902	257,105	124,600	560,100	289,400	234,700	188,500	532,100	278,700	217,500	-1,778,200	1,043,100	791,800	759,700
Effect Of Accounting Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Extraordinary Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	18,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Gross Profit	388,000	1,130,000	788,000	798,000	724,000	1,093,000	754,000	772,000	607,000	966,000	693,000	725,000	598,000	895,000	744,000	621,000	535,000	899,000	647,000	662,000	517,000	901,000	745,000	632,000	566,000	935,000	737,000	593,000	471,000	1,031,000	650,000	541,000	446,000	955,000	622,000	574,000	425,000	869,000	619,000	554,000	453,000	863,000	550,000	482,000	439,000	1,366,000	1,132,000	953,000	901,000	0	1,423,000	1,094,000	1,010,000	1,021,000	1,433,000	1,067,000	1,019,000	974,000	1,196,000	1,095,000	1,026,000	990,000	1,155,000	1,117,000	1,490,000	945,000	1,172,000	1,013,000	962,000	834,000	1,203,000	922,000	822,000	763,000	1,157,000	993,000	856,000	1,422,000	940,000	795,000	732,000	1,111,000	966,000	773,000	887,000	782,000	901,000	758,000	590,000	543,398	917,832	675,812	584,819	536,878	886,622	670,210	527,451	414,400	888,800	611,900	503,800	495,600	864,300	595,500	490,900	732,000	1,043,100	791,800	759,700
Income Before Tax	198,000	563,000	277,000	302,000	192,000	531,000	245,000	287,000	155,000	496,000	239,000	262,000	137,000	432,000	294,000	169,000	119,000	458,000	219,000	220,000	85,000	464,000	314,000	195,000	141,000	495,000	308,000	161,000	59,000	604,000	240,000	138,000	61,000	553,000	158,000	176,000	67,000	490,000	250,000	163,000	72,000	494,000	172,000	91,000	-1,917,000	532,000	264,000	-533,000	43,000	-676,000	450,000	224,000	119,000	84,000	-27,000	238,000	181,000	126,000	364,000	251,000	215,000	104,000	317,000	325,000	225,000	159,000	374,000	221,000	194,000	72,000	454,000	191,000	114,000	68,000	439,000	285,000	192,000	123,000	355,000	178,000	156,000	66,000	429,000	177,000	135,000	-51,000	385,000	188,000	97,000	62,774	442,641	155,358	114,665	39,975	419,843	192,824	105,644	-6,700	412,800	148,300	89,600	51,700	390,300	142,400	69,800	-	-	-	-
Income Tax Expense	39,000	69,000	38,000	37,000	28,000	78,000	36,000	34,000	29,000	70,000	31,000	27,000	21,000	63,000	50,000	21,000	24,000	92,000	39,000	27,000	16,000	105,000	74,000	42,000	200,000	205,000	114,000	57,000	26,000	233,000	92,000	31,000	30,000	208,000	59,000	66,000	20,000	194,000	99,000	64,000	23,000	187,000	66,000	35,000	-762,000	158,000	54,000	-130,000	17,000	69,000	163,000	85,000	45,000	30,000	137,000	83,000	75,000	44,000	135,000	83,000	70,000	8,000	113,000	119,000	87,000	51,000	130,000	78,000	71,000	11,000	161,000	68,000	44,000	26,000	159,000	100,000	71,000	40,000	123,000	60,000	59,000	28,000	154,000	67,000	52,000	-19,000	145,000	73,000	38,000	13,927	176,065	60,728	49,332	13,996	163,706	79,239	44,251	-1,100	163,000	61,800	35,200	25,400	153,600	58,800	29,900	5,400	-215,400	-79,700	-45,000
Interest Expense	153,000	152,000	134,000	127,000	130,000	126,000	126,000	104,000	93,000	94,000	96,000	100,000	108,000	110,000	108,000	93,000	91,000	96,000	97,000	97,000	99,000	101,000	100,000	101,000	96,000	97,000	99,000	99,000	95,000	97,000	95,000	95,000	91,000	87,000	89,000	88,000	75,000	85,000	89,000	92,000	109,000	88,000	100,000	101,000	110,000	113,000	112,000	113,000	115,000	329,000	113,000	104,000	119,000	120,000	130,000	115,000	132,000	132,000	134,000	124,000	118,000	440,000	113,000	118,000	100,000	107,000	110,000	108,000	100,000	350,000	82,000	80,000	76,000	80,000	74,000	80,000	77,000	86,000	65,000	66,000	64,000	73,000	69,000	69,000	66,000	57,000	57,000	53,000	52,000	50,000	51,000	47,978	50,022	50,295	44,223	43,295	41,893	0	0	0	0	0	0	0	0	-	-	-	-
Interest Income	9,000	152,000	134,000	1,000	130,000	123,000	6,000	6,000	93,000	87,000	6,000	7,000	100,000	103,000	7,000	7,000	8,000	8,000	9,000	87,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Minority Interest	-1,000	-1,000	-2,000	1,000	-1,000	1,000	-2,000	1,000	-1,000	-1,000	129,000	2,000	1,000	2,000	1,000	2,000	-11,000	2,000	1,000	2,000	-11,000	2,000	1,000	2,000	1,000	2,000	1,000	2,000	1,000	2,000	1,000	2,000	1,000	2,000	1,000	2,000	1,000	2,000	1,000	2,000	1,000	2,000	-1,000	2,000	1,000	2,000	1,000	2,000	1,000	-3,000	2,000	1,000	3,000	2,000	3,000	3,000	4,000	3,000	2,000	3,000	4,000	29,000	0	0	0	27,000	0	0	0	27,000	0	0	0	1,000	1,000	-1,000	1,000	3,000	1,000	2,000	1,000	1,000	1,000	4,000	1,000	1,000	2,000	10,000	1,000	1,000	1,000	2,000	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Net Income	158,000	493,000	237,000	264,000	164,000	453,000	209,000	253,000	126,000	426,000	208,000	235,000	115,000	367,000	243,000	146,000	94,000	364,000	179,000	191,000	68,000	357,000	239,000	151,000	-60,000	288,000	193,000	102,000	32,000	369,000	147,000	105,000	29,000	343,000	150,000	108,000	48,000	293,000	149,000	96,000	37,000	302,000	95,000	-145,000	-1,156,000	374,000	211,000	-403,000	25,000	87,000	285,000	138,000	71,000	52,000	-167,000	152,000	102,000	79,000	227,000	168,000	141,000	57,000	204,000	206,000	138,000	108,000	244,000	143,000	123,000	61,000	293,000	123,000	70,000	20,000	280,000	185,000	121,000	83,000	232,000	118,000	97,000	38,000	275,000	110,000	101,000	-32,000	240,000	115,000	59,000	48,847	266,576	94,630	58,492	25,979	256,137	113,585	61,393	-5,600	249,800	86,500	54,400	26,300	236,700	83,600	39,900	-5,400	215,400	79,700	45,000
Net Income Applicable To Common Shares	0	493,000	237,000	264,000	163,000	452,000	207,000	252,000	125,000	425,000	207,000	233,000	115,000	367,000	243,000	146,000	94,000	364,000	179,000	191,000	68,000	357,000	239,000	151,000	-60,000	288,000	193,000	102,000	32,000	369,000	147,000	105,000	29,000	343,000	150,000	108,000	48,000	293,000	150,000	96,000	48,000	302,000	95,000	54,000	9,000	309,000	161,000	37,000	25,000	-432,000	285,000	138,000	71,000	52,000	-152,000	152,000	102,000	79,000	227,000	165,000	141,000	57,000	204,000	206,000	138,000	108,000	244,000	143,000	123,000	61,000	293,000	123,000	70,000	42,000	280,000	185,000	121,000	83,000	232,000	118,000	97,000	38,000	275,000	110,000	83,000	142,000	240,000	115,000	59,000	49,000	267,000	94,667	65,333	25,979	256,137	113,585	61,393	0	0	0	0	0	0	0	0	-	-	-	-
Net Income From Continuing Ops	159,000	494,000	239,000	263,000	164,000	452,000	209,000	253,000	126,000	426,000	208,000	234,000	129,000	368,000	243,000	147,000	-60,000	456,000	218,000	219,000	-116,000	464,000	311,000	152,000	-59,000	290,000	194,000	104,000	33,000	371,000	148,000	107,000	31,000	345,000	99,000	110,000	47,000	296,000	151,000	99,000	0	307,000	106,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Net Interest Income	-144,000	-146,000	-134,000	-127,000	-130,000	-120,000	-126,000	-98,000	-93,000	-94,000	-90,000	-93,000	-108,000	-110,000	-101,000	-86,000	-83,000	-88,000	-88,000	-89,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Non Operating Income Net Other	0	0	82,000	78,000	46,000	58,000	62,000	60,000	51,000	56,000	49,000	46,000	34,000	48,000	48,000	21,000	31,000	34,000	36,000	29,000	18,000	32,000	29,000	23,000	12,000	11,000	9,000	6,000	9,000	10,000	10,000	13,000	12,000	14,000	10,000	8,000	17,000	14,000	17,000	9,000	0	15,000	11,000	0	0	0	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Non Recurring	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	69,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Operating Income	264,000	614,000	329,000	351,000	322,000	599,000	309,000	331,000	247,000	534,000	286,000	316,000	211,000	494,000	354,000	241,000	179,000	520,000	280,000	288,000	166,000	533,000	385,000	273,000	225,000	581,000	398,000	254,000	145,000	691,000	325,000	220,000	140,000	626,000	237,000	256,000	125,000	561,000	322,000	246,000	171,000	567,000	261,000	185,000	-1,816,000	635,000	363,000	-422,000	148,000	211,000	550,000	316,000	227,000	198,000	89,000	331,000	298,000	245,000	485,000	365,000	321,000	169,000	428,000	441,000	319,000	253,000	479,000	322,000	288,000	154,000	547,000	276,000	196,000	144,000	510,000	366,000	263,000	203,000	413,000	246,000	216,000	139,000	500,000	250,000	201,000	6,000	441,000	277,000	149,000	107,203	486,487	205,931	165,418	80,837	469,391	238,445	152,829	34,400	459,800	192,300	135,000	94,300	437,200	187,100	120,300	-1,778,200	1,043,100	791,800	759,700
Other Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Other Operating Expenses	1,354,000	1,446,000	1,431,000	1,711,000	1,770,000	1,707,000	1,417,000	1,502,000	1,348,000	1,277,000	1,186,000	1,250,000	1,117,000	1,134,000	1,044,000	1,199,000	1,137,000	1,139,000	1,099,000	1,268,000	1,253,000	1,191,000	1,178,000	1,312,000	1,177,000	1,142,000	1,140,000	1,260,000	1,211,000	1,168,000	1,102,000	1,214,000	1,168,000	1,207,000	1,164,000	1,300,000	1,245,000	1,109,000	1,097,000	1,348,000	1,151,000	1,071,000	1,142,000	1,290,000	1,375,000	1,366,000	1,297,000	1,452,000	1,431,000	0	1,594,000	1,465,000	1,677,000	1,566,000	1,576,000	1,373,000	1,618,000	1,430,000	1,330,000	1,319,000	1,595,000	1,739,000	1,632,000	1,347,000	1,760,000	1,554,000	1,518,000	1,401,000	1,731,000	1,466,000	1,363,000	1,274,000	1,604,000	1,557,000	1,358,000	1,224,000	1,363,000	1,272,000	904,000	906,000	1,000,000	908,000	850,000	838,000	907,000	497,000	791,000	834,000	966,000	885,507	945,126	851,085	859,110	813,921	726,020	701,859	672,547	699,900	733,700	667,600	600,900	584,200	679,900	634,700	580,500	2,510,200	-	-	-
Preferred Stock And Other Adjustments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Reconciled Depreciation	381,000	380,000	370,000	369,000	376,000	-312,000	347,000	346,000	928,000	324,000	321,000	295,000	283,000	293,000	291,000	286,000	280,000	274,000	259,000	268,000	263,000	259,000	257,000	254,000	228,000	243,000	240,000	241,000	235,000	231,000	223,000	234,000	221,000	219,000	216,000	218,000	195,000	200,000	196,000	200,000	191,000	183,000	177,000	186,000	266,000	179,000	185,000	188,000	160,000	-	196,000	195,000	196,000	159,000	218,000	203,000	203,000	151,000	208,000	201,000	188,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Research Development	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Selling And Marketing Expenses	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Selling General Administrative	0	0	124,000	127,000	124,000	144,000	129,000	46,000	120,000	142,000	122,000	128,000	111,000	128,000	119,000	125,000	106,000	131,000	118,000	126,000	109,000	127,000	122,000	125,000	113,000	129,000	117,000	118,000	109,000	129,000	115,000	114,000	104,000	128,000	116,000	125,000	106,000	121,000	114,000	127,000	0	121,000	111,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Tax Provision	39,000	69,000	38,000	37,000	28,000	78,000	36,000	34,000	29,000	70,000	31,000	27,000	21,000	63,000	50,000	21,000	24,000	92,000	39,000	27,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Total Operating Expenses	124,000	516,000	459,000	447,000	448,000	494,000	445,000	395,000	410,000	432,000	407,000	409,000	387,000	401,000	390,000	380,000	356,000	379,000	367,000	374,000	351,000	368,000	360,000	359,000	341,000	354,000	339,000	339,000	326,000	340,000	325,000	321,000	306,000	329,000	385,000	318,000	300,000	308,000	297,000	308,000	282,000	296,000	289,000	297,000	305,000	731,000	769,000	747,000	754,000	0	749,000	778,000	783,000	823,000	755,000	736,000	721,000	729,000	711,000	730,000	705,000	821,000	727,000	676,000	1,171,000	692,000	693,000	691,000	674,000	680,000	656,000	646,000	626,000	619,000	647,000	627,000	593,000	1,219,000	527,000	549,000	516,000	972,000	466,000	523,000	686,000	776,000	460,000	481,000	441,000	436,195	431,345	469,881	419,401	456,041	417,231	431,765	374,622	380,000	429,000	419,600	368,800	401,300	427,100	408,400	370,600	-2,510,200	-	-	-
Total Other Income Expense Net	-66,000	95,000	82,000	-49,000	-130,000	-68,000	-64,000	-44,000	-92,000	-38,000	-47,000	-54,000	34,000	48,000	48,000	14,000	31,000	34,000	27,000	29,000	18,000	32,000	29,000	15,000	12,000	4,000	-90,000	6,000	9,000	-87,000	-85,000	2,000	12,000	3,000	10,000	8,000	17,000	14,000	17,000	9,000	10,000	15,000	11,000	7,000	-1,941,000	10,000	13,000	-626,000	11,000	0	-111,000	12,000	11,000	6,000	-575,000	22,000	15,000	13,000	13,000	10,000	12,000	66,000	-5,000	13,000	-1,000	64,000	-2,000	2,000	2,000	37,000	2,000	2,000	4,000	23,000	-2,000	-5,000	1,000	21,000	1,000	-2,000	3,000	3,000	3,000	-3,000	3,000	-2,000	2,000	-34,000	-1,000	1,541	3,615	-6,082	-4,685	9,081	-5,481	-3,078	-4,922	-4,100	-2,800	-1,700	-2,300	2,700	-500	-1,600	-3,100	-	-	-	-
Total Revenue	1,618,000	2,060,000	1,760,000	2,062,000	2,046,000	2,306,000	1,726,000	1,879,000	1,545,000	1,811,000	1,472,000	1,566,000	1,328,000	1,628,000	1,398,000	1,440,000	1,316,000	1,659,000	1,379,000	1,556,000	1,419,000	1,724,000	1,563,000	1,585,000	1,402,000	1,723,000	1,538,000	1,514,000	1,356,000	1,859,000	1,427,000	1,434,000	1,308,000	1,833,000	1,401,000	1,556,000	1,370,000	1,670,000	1,419,000	1,594,000	1,322,000	1,638,000	1,403,000	1,475,000	1,509,000	2,001,000	1,660,000	1,658,000	1,578,000	4,776,000	2,268,000	1,781,000	1,904,000	1,764,000	2,254,000	1,704,000	1,916,000	1,675,000	1,815,000	1,684,000	1,916,000	1,908,000	2,060,000	1,788,000	2,079,000	1,807,000	1,997,000	1,723,000	2,019,000	1,620,000	1,910,000	1,550,000	1,800,000	1,701,000	1,868,000	1,590,000	1,626,000	1,475,000	1,317,000	1,152,000	1,216,000	1,047,000	1,350,000	1,088,000	1,108,000	503,000	1,232,000	1,111,000	1,115,000	992,710	1,431,613	1,057,016	1,024,528	894,758	1,195,411	940,304	825,376	734,300	1,193,500	859,900	735,900	678,500	1,117,100	821,800	700,800	732,000	1,043,100	791,800	759,700

Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue	7,500,000
Cost of Revenue	-5,420,000
Gross Profit	2,080,000	2,080,000

Operating Income (+$)
Gross Profit	2,080,000
Operating Expense	-522,000
Operating Income	1,558,000	1,558,000

Operating Expense (+$)
Research Development	0
Selling General Administrative	0
Selling And Marketing Expenses	0
Operating Expense	522,000	0

Net Interest Income (+$)
Interest Income	35,000
Interest Expense	-566,000
Other Finance Cost	-23,000
Net Interest Income	-508,000

Pretax Income (+$)
Operating Income	1,558,000
Net Interest Income	-508,000
Other Non-Operating Income Expenses	0
Income Before Tax (EBT)	1,340,000	1,776,000 EBIT - interestExpense = 992,000 1,335,000 1,718,000
Interest Expense	566,000
Earnings Before Interest and Taxes (EBIT)	1,558,000	1,906,000
Earnings Before Interest and Taxes (EBITDA)	3,058,000

After tax Income (+$)
Income Before Tax	1,340,000
Tax Provision	-172,000
Net Income From Continuing Ops	1,162,000	1,168,000
Net Income	1,152,000
Net Income Applicable To Common Shares	0

Non-recurring Events
Discontinued Operations	0
Extraordinary Items	0
Effect of Accounting Charges	0
Other Items	0
Non Recurring	0
Other Operating Expenses	5,942,000
Total Other Income/Expenses Net	-218,000	508,000

Technical Analysis of Ameren Corp
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Ameren Corp. The general trend of Ameren Corp is BEARISH with 42.9% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Ameren Corp's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitions	Bullish trend (-42.9%)		Bearish trend (42.9%)
Overbought to neutral	Bullish pullback	=	Bearish reversal
Upper to lower neutral	Bullish correction	=	Bearish continuation
Nuetral to oversold	Oversold	=	Oversold
Oversold to neutral	Bullish reversal	=	Bearish correction
Lower to upper neutral	Bullish continuation	=	Bearish pullback
Nuetral to overbought	Overbought	=	Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.

Score

Let's take a look at the Support & Resistance of Ameren Corp.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 73.35 < 73.98 < 74.34.

The bearish price targets are: 70.67 > 70.06 > 67.74.

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Ameren Corp Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

Moving averages are lagging trend indicators.
There are many types of moving averages.
Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Ameren Corp. The current mas is .

The long score for the Moving Averages is 4/14.
The longshort score for the Moving Averages is -6/(-14 +14).

MA 20 trending down: The MA 20 is trending down. -1
Close < MA 20: The price is below the MA 20. -1
MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
MA 50 trending up: The MA 50 is trending up. +1
Close > MA 50: The price is above the MA 50. +1
MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
MA 100 trending down: The MA 100 is trending down. -1
Close < MA 100: The price is below the MA 100. -1
MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
MA 200 trending down: The MA 200 is trending down. -1
Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving Average	Amount of candles	vs. MA 50	vs. MA 100	vs. MA 200
MA 20	20
MA 50	50	-
MA 100	100	-	-
MA 200	200	-	-	-

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Shows the moving average of the selected period.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

There are various kinds of moving averages:

Simple moving average (SMA);
Exponential moving average (EMA);
Smoothed moving average (SMMA);
Linear weighted moving average (LWMA).

The moving average looks at a certain period of time and it calculates the price average. The various types of averages are using various formulas. Don’t worry, you don’t have to memorize any formula. All moving averages are calculated automatically by basically every charting software you use. But it’s good to know how moving averages are actually calculated.

Simple moving average

SMA is calculated by summing up the price closures of the selected period. The price is then divided by the selected period. For example, when using the 21 day moving average you sum up all the closing prices for each day and divide that by 21. The result is a line on the chart representing the average. Because it’s an average in the selected timeframe, the trend is always lagging. An moving average looks like this on the chart:

Source: Tradingview.com

In this case, the blue line represents a 21 day moving average. Because the average is based on results from the past, the indicator will always lag behind. For example, when price would suddenly go up, the moving average won't immediately follow.

All other moving averages discussed below look the same on the chart. The only difference is that the line will move in different directions based on the maths behind the used indicators and the amount of days used to determine the average.

Exponential moving average

The EMA gives more weight to the latest closing prices by giving them more value in the equation. EMA is calculated by adding a certain percentage to the latest closing prices:

EMA = (CLOSE (i) * P) + (EMA (i - 1) * (1 - P))

Where:

CLOSE (i) = current period close price.
EMA (i - 1) = value of the Moving Average of a preceding period.
P = the percentage of using the price value.

Smoothed moving average

A smoothed moving average is an exponential moving average with a long lookback period. Older prices are reduced in weight but are never left out in the calculation. Unlike SMA and EMA where prices are removed when they are beyond the selected period. SMMA is a combination of the SMA and EMA. The main advantage is that it smooths out fluctuations in price.

Linear weighted moving average

The LWMA gives the latest price the highest weight and then lineary scales down with each price before that. The result is that the LWMA reacts quicker to changes in price than the SMA or EMA. The formula:

LWMA = ((Pn∗W1)+(Pn−1∗W2)+(Pn−2∗W3)...) / ∑W

Where:

P = Price for the period.
n = The most recent period, n-1 is the prior period, and n-2 is two periods prior.
W = The assigned weight to each period, with the highest weight going first and then descending linearly based on the number of periods being used.

Moving averages are widely used by many traders. Which moving average you need depends on your trading strategy. Common practise is using a combination of multiple periods. For example, the EMA21, EMA50, EMA100 and EMA200. How does that look on a chart:

Source: Tradingview.com

The lowest (purple) line on the chart represents the EMA200 then following up the EMA100, EMA50 and EMA21.

You can use moving averages to determine a trend. The 200 moving average is mostly used as a baseline for determining the current trend:

When the 200 moving average is moving up it is considered a bullish trend.
When the 200 moving average is down it is considered a bearish trend.
When moving averages are flatlined, there is no clear trend so you should look for market structure, consolidation or trend reversals. Depending on how you want to trade.

This is not set in stone. Most trading strategies use multiple moving averages each with different settings. While one strategy might use the EMA20, the other uses the SMA21. There can be hundreds of different variations. Moving averages can also be used as support and resistance. More often than not, prices will bounce on moving averages.

2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

MACD is a lagging momentum indicator.
Uses two moving averages.
Can show buy or sell signals based on momentum.
Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Ameren Corp. The current macd is -0.06054685.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Ameren Corp price going down in the near term. -2
MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Ameren Corp. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Ameren Corp price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1

Ameren Corp Daily Moving Average Convergence/Divergence (MACD) Chart

2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.

Score

Let's take a look at the Directional Movement Index (DMI) of Ameren Corp. The current adx is 15.02.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -2/(-7 +7).

PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Ameren Corp shares, leading to potential downward momentum in its price. -1
PLUS_ID < MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bearish trend could be forming. -1

Ameren Corp Daily Directional Movement Index (DMI) Chart

2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

Parabolic SAR (stop and reverse) is a lagging trend indicator.
Shows the current trend.
Shows potential entry signals.
Shows potential exit signals.
Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Ameren Corp. The current sar is 73.61.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

Leading momentum indicator, meaning the signals are instant.
Ranges between 0 and 100.
Above 70 is considered overbought.
Below 30 is considered oversold.
Above or below 50 can also be used to determine price trend or support and resistance.
RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Ameren Corp. The current rsi is 48.77. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
Trending up: The RSI is trending up. +1

Measures the speed and change of price movements.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

The RSI measures the magnitude of recent price changes to determine if the asset is overbought or oversold.

Overbought (RSI above 70) means that the trading price is above its intrinsic value. This might indicate a sell or short signal.
Oversold (RSI below 30) means that the trading price is below its intrinsic value. This might indicate a buy or long signal.
RSI levels above or below 50 can also be used to determine a trend.
RSI divergence looks at a deviation between RSI and price movement.
Can be used in many different ways.

Original usage

Keep in mind that almost every indicator can be used in different ways. Even beyond the orginal settings. The relative strength index was developed by J. Welles Wilder. Wilder recommended a smoothing period of 14 days. That means a 14 day moving average (read more about this setting below). Another quote from the wikipedia page:

Wilders also considers the RSI 50 line as both support and resistance. I recommend to always read the original settings first before using an indicator. Many traders and websites are using their own version of the indicator which might be confusing.

How you can use RSI (Divergence)

First and foremost, there is no real right or wrong usage of the RSI indicator. You can use it in any way you want. Wilder recommends using a 14 day average but you can make it 50 or 100 if you like. Just keep in mind that using an indicator is just part of a larger trading plan. In other words, it’s not recommended to do any trading or investing based on a single indicator like the RSI.

The RSI is measured on a scale between 0 and 100. From 30 till 0 is considered oversold. and from 70 -100 is overbought. The RSI is a leading indicator, meaning the signals are instant.

I like to use the RSI as a trend\momentum indicator and not as an overbought or oversold indicator. I use the middle (50) as the baseline. When prices go above RSI 50 the trend is bullish and can indicate long positions. When below 50 it is considered bearish and can indicate short positions. Other traders use the 70 and 30 levels as overbought/oversold depending on the used strategy. The RSI indicator looks like this:

Source: Tradingview.com

The general concensus is that an RSI above 70 indicates that the security is overbought. In other words, the price this security is trading for is to high and should come down. So if RSI hits 70 or above this might indicate a sell signal or taking a short position (expecting the price will go down). Although RSI above 70 indicates the security is trading above it's fair value, that does not mean the price will go down.

Use tradingview to add indicators

I highly recommend using tradingview to add indicators to a chart. It has all the indicators you can think off and can add them for free (up to three indicators) to any chart you want. You can see that the levels 30 and 70 are marked with a dotted line. If you want you can remove these lines or give it another colour using Tradingview. You can also adjust the moving average used. You can also find RSI indicators made by the community that include other settings like RSI divergences.

Tradingview

Use Tradingview to (back)test your strategies and add hundreds of indicators created by the community.

View tool on Tradingview.com

RSI divergence

RSI is not only used to determine momentum but can also spot reversals or continuations of the trend. A reversal means that the trend is going in the opposite direction. From bullish to bearish or from bearish to bullish. These reversals can be spotted by looking at the price and the direction of the RSI. When the price is going up but the RSI is going down that means there is a divergence. This is also the case when RSI goes up but price is going down.

There are four types of divergences:

Regular bullish divergence
Regular bearish divergence
Hidden bullish divergence
Hidden bearish divergence

Regular bullish divergence

With a regular bullish divergence, the price is making lower highs but the oscillator (in this case the RSI) is making higher lows. A regular bullish divergence might indicate the end of the current trend. You’ll see regular bullish divergences mostly at the end of a downtrend. But that does not mean that every regular bullish divergence is a trend reversal.

Price is making lower highs
RSI is making higher lows
Indicating bullish reversal (price might go up)

Source: Tradingview.com

Regular bearish divergence

With a regular bearish divergence the price is making higher highs but the oscillator (in this case the RSI) is making lower highs. This might indicate the end of an uptrend.

Price is making higher highs
RSI is making lower highs
Indicating bearish reversal

Source: Tradingview.com

Hidden bullish divergence

With a hidden bullish divergence, the price is making a higher low while the RSI is making a lower low. This might indicate bullish trend continuation.

Price is making higher lows
RSI is making lower lows
Indicating bullish continuation

Source: Tradingview.com

As you have noticed, you can have multiple divergences in a row.

Hidden bearish divergence

With a hidden bearish divergence, price is making lower highs but RSI is making higher highs. This might indicate bearish trend continuation.

Price is making lower highs
RSI making higher highs
Indicating bearish continuation

Source: Tradingview.com

You can find many cheatsheets of RSI divergences online. Search for "RSI divergence overview" and you'll find a lot of examples. You can print these to learn the various types of divergences.

Ameren Corp Daily Relative Strength Index (RSI) Chart

3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

Leading momentum indicator, meaning the signals are instant.
Used to determine overbought and oversold areas much like the RSI.
Ranges between 0 and 100.
Above 80 is considered overbought.
Below 20 is considered oversold.
Consists of two lines named K and D.
K compares the highest high and lowest low on the selected price range.
The D line is a moving average of the K line.
Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Ameren Corp. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Ameren Corp price going up in the near term. +2
Trending up: The STOCH %K is trending up. +1

Ameren Corp Daily Stochastic Oscillator Chart

3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

Lagging or leading Momentum indicator
When the CCI is above zero, the price is above the historical average
When the CCI is below zero, the price is below the historical average
Used for spotting trends
- If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
- If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Ameren Corp. The current cci is -70.38365301.

Ameren Corp Daily Commodity Channel Index (CCI) Chart

3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

Lagging momentum indicator
Ranges between +100 and -100
Considered overbought above +50
Considered oversold below -50
It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Ameren Corp. The current cmo is -4.31040119.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1

Ameren Corp Daily Chande Momentum Oscillator (CMO) Chart

3.5 Williams %R

Shows the current price relative to the highest high over the last 14 days.

Lagging momentum indicator
Ranging between 0 and -100
Above -20 is considered overbought
Below -80 is considered oversold
Is prone to give false signals

Score

Let's take a look at the Williams %R of Ameren Corp. The current willr is -56.94117647.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Ameren Corp is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

Lagging volatility indicator
Uses 3 bands: one upper, one lower and one in the middle
Works best when the middle band reflects an intermediate trend (MA20).
When the price is moving closer to the upper band, the market might be overbought
When the price is moving closer to the lower band, the market might be oversold

Score

Let's take a look at the Bollinger Bands of Ameren Corp.

4.2 Average True Range (ATR)

Measures market volatility

Leading volatility indicator
Can be used to determine stop-loss positions
Calculated by:
- Current high minus the current low
- Current high minus the previous close
- Current low minus the previous close
The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Ameren Corp. The current atr is 1.36859119.

Ameren Corp Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

Measures market volatility

Leading momentum indicator
Calculation:
- If the closing price is above the previous closing price: OBV = previous OBV + current volume
- If the closing price is below the previous closing price: OBV = previous OBV - current volume
- If the closing price is the same as the previous closing price than the OBV is the same.
Can be used to confirm price trends
Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Ameren Corp. The current obv is -30,886,314.

Ameren Corp Daily On-Balance Volume (OBV) Chart

5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

Lagging momentum indicator
Looks like RSI but uses volume as an extra metric (RSI only considers price)
Above 80 is considered overbought
Below 20 is considered oversold
Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Ameren Corp. The current mfi is 42.35.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

MFI < 50: -1

Ameren Corp Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

Type	Notification	Date
Currently no notifications for Ameren Corp.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

Date	Indicator	Signal
2023-11-27	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
2023-11-28	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
2023-11-29	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2023-11-30	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
2023-12-01	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2023-12-04	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-06	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2023-12-08	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-11	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
2023-12-12	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2023-12-13	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-12-14	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2023-12-15	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2023-12-19	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-21	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-28	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-02	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-01-03	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
2024-01-05	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-01-09	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-10	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-01-11	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-01-12	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-01-16	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2024-01-18	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
2024-01-19	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-23	RSI	LONG ENTRY	SHORT CLOSE	30 crossover to upside
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-25	RSI	LONG ENTRY	SHORT CLOSE	30 crossover to upside
	MFI	SHORT ENTRY	LONG CLOSE	20 crossover to downside
2024-01-26	MFI	LONG ENTRY	SHORT CLOSE	20 crossover to upside
2024-01-30	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
2024-01-31	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
2024-02-01	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-02-02	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-02-05	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-02-06	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2024-02-08	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-02-09	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-13	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-15	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-02-21	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-02-22	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-23	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
2024-02-27	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-02-29	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-01	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-03-04	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2024-03-05	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-06	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-03-08	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-11	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-12	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-14	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-03-15	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
2024-03-18	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-03-21	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-03-26	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-03-27	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-03-28	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
2024-04-01	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-04-02	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-04-05	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-04-08	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-09	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-04-10	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-04-16	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
2024-04-17	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).

6.3. Candlestick Patterns

Date	Candlestick Pattern

6.4. Technical Score

Let's check the technical score of Ameren Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	48.771
Ma 20	Greater than	Ma 50	72.406
Ma 50	Greater than	Ma 100	71.523
Ma 100	Greater than	Ma 200	72.315
Open	Greater than	Close	70.970
Total			1/5 (20.0%)

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Quick analysis of Ameren Corp (30 sec.)

What can you expect buying and holding a share of Ameren Corp? (30 sec.)

How much money do you get?

What is your share worth?

+ What do you gain per year?

For what price can you sell your share?

1. Valuation of Ameren Corp (5 min.)

$71.93

$43.07

$-67.49 - $52.89

$-24.42 - $95.96

2. Growth of Ameren Corp (5 min.)

Is Ameren Corp growing?

How much money is Ameren Corp making?

How much money comes from the company's main activities?

3. Financial Health of Ameren Corp (5 min.)

What can you expect buying and holding a share of Ameren Corp? (5 min.)

What can you expect buying and holding a share of Ameren Corp?

Speculation

Investing

How much money are you going to get?

When do you get the money?

How sure are you?

Linear %

Fundamentals of Ameren Corp

About Ameren Corp

Financial Health

Valuation

1.1. Profitability of Ameren Corp.

1.1. Profitability

1.1.1. Net Profit Margin

Trends

1.1.2. Return on Assets

Trends

1.1.3. Return on Equity

Trends

1.2. Operating Efficiency of Ameren Corp.

1.2. Operating Efficiency

1.2.1. Operating Margin

Trends

1.2.2. Operating Ratio

Trends

1.3. Liquidity of Ameren Corp.

1.3. Liquidity

1.3.1. Current Ratio

Trends

1.3.2. Quick Ratio

Trends

1.4. Solvency of Ameren Corp.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Trends

1.4.2. Debt to Equity Ratio

Trends

2. Market Valuation of Ameren Corp

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

Trends

2.2. Price To Free Cash Flow Ratio

Trends

2. Book Value per Share

2.3. Price to Book Ratio

Trends

Ameren Corp
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