Ameriprise Financial Inc
Buy, Hold or Sell?

Let's analyse Ameriprise together

Penke I guess you are interested in Ameriprise Financial Inc. 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 Ameriprise Financial Inc. 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 Ameriprise (30 sec.)

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

How much money do you get?

$5.10

When do you have the money?

1 year

How often do you get paid?

100.0%

What is your share worth?

Current worth

$44.74

Expected worth in 1 year

$57.05

How sure are you?

67.5%

+ What do you gain per year?

Total Gains per Share

$17.41

Return On Investment

4.2%

For what price can you sell your share?

Current Price per Share

$410.01

Expected price per share

$385.76 - $440.67

How sure are you?

50%

1. Valuation of Ameriprise (5 min.)

Live pricePrice per Share (EOD)

$410.01

Book Value per Share

$44.74

Intrinsic Value Per Share

$426.77 - $1,901.74

Total Value Per Share

$471.51 - $1,946.48

My calculation of the intrinsic value of Ameriprise 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: ($5.50) 3Y: ($8.86) TTM: ($10.49)
The change per quarter (trend) of the Free Cash Flow Per Share is 10Y: ($0.47) 3Y: ($2.37) TTM: ($2.34)

Years	Total Low est.	Total High est.	Added Free Cash Flow
1	$25.68	$57.97	$29.46 - $73.36
2	$56.71	$150.41	$36.95 - $111.29
3	$92.40	$275.24	$44.43 - $149.21
4	$132.14	$430.51	$51.92 - $187.13
5	$175.34	$614.34	$59.40 - $225.06
6	$221.49	$824.93	$66.88 - $262.98
7	$270.12	$1,060.56	$74.37 - $300.91
8	$320.79	$1,319.61	$81.85 - $338.83
9	$373.13	$1,600.49	$89.33 - $376.75
10	$426.77	$1,901.74	$96.82 - $414.68

2. Growth of Ameriprise (5 min.)

Is Ameriprise growing?

	Current year	Previous year	Grow	Grow %
How rich?	$4.7b	$4b	$148.5m	3.5%

How much money is Ameriprise making?

	Current year	Previous year	Grow	Grow %
Making money	$639m	$639.7m	-$750k	-0.1%
Net Profit Margin	16.3%	17.9%	-	-

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

Quarterly Yearly

3. Financial Health of Ameriprise (5 min.)

4. Comparing to competitors in the Asset Management industry (5 min.)

Industry Rankings (Asset Management)

Richest
#56 / 757

Most Revenue
#15 / 757

Most Profit
#15 / 757

Most Efficient
#501 / 757

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

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

What can you expect buying and holding a share of Ameriprise?

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

Speculation

The Price per Share of Ameriprise is $410.01. 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 Ameriprise.
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 Ameriprise, 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 $44.74. Based on the TTM, the Book Value Change Per Share is $3.08 per quarter. Based on the YOY, the Book Value Change Per Share is $-3.98 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 $1.28 per quarter.

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

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	3.57	0.9%	5.93	1.4%	5.61	1.4%	4.76	1.2%	3.58	0.9%
Usd Book Value Change Per Share	9.03	2.2%	3.08	0.8%	-3.98	-1.0%	0.29	0.1%	-0.02	0.0%
Usd Dividend Per Share	1.29	0.3%	1.28	0.3%	1.17	0.3%	1.09	0.3%	0.90	0.2%
Usd Total Gains Per Share	10.31	2.5%	4.35	1.1%	-2.80	-0.7%	1.37	0.3%	0.87	0.2%
Usd Price Per Share	379.83	-	337.04	-	275.34	-	234.23	-	178.77	-
Price to Earnings Ratio	26.62	-	16.77	-	12.74	-	10.09	-	12.02	-
Price-to-Total Gains Ratio	36.83	-	-44.97	-	-23.98	-	-776.35	-	-363.45	-
Price to Book Ratio	8.49	-	8.67	-	7.90	-	5.71	-	4.31	-
Price-to-Total Gains Ratio	36.83	-	-44.97	-	-23.98	-	-776.35	-	-363.45	-

When do you get the money?

Usd Investment	$.00
Usd Price Per Share	410.01
Number of shares	2

Gains per Quarter	Trailing 12 Months	5 Year
Usd Dividend Per Share	1.28	1.09
Usd Book Value Change Per Share	3.08	0.29
Usd Total Gains Per Share	4.35	1.37
Gains per Quarter (2 shares)	8.71	2.75
Gains per Year (2 shares)	34.82	10.98

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	10	25	25	9	2	1
2	20	49	60	17	5	12
3	31	74	95	26	7	23
4	41	98	130	35	9	34
5	51	123	165	43	11	45
6	61	148	200	52	14	56
7	71	172	235	61	16	67
8	82	197	270	70	18	78
9	92	222	305	78	21	89
10	102	246	340	87	23	100

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%	18.0	2.0	0.0	90.0%	38.0	2.0	0.0	95.0%	75.0	4.0	0.0	94.9%
Book Value Change Per Share	2.0	2.0	0.0	50.0%	6.0	6.0	0.0	50.0%	10.0	10.0	0.0	50.0%	21.0	19.0	0.0	52.5%	44.0	35.0	0.0	55.7%
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%	73.0	0.0	6.0	92.4%
Total Gains per Share	3.0	1.0	0.0	75.0%	7.0	5.0	0.0	58.3%	13.0	7.0	0.0	65.0%	27.0	13.0	0.0	67.5%	52.0	27.0	0.0	65.8%

Fundamentals of Ameriprise

About Ameriprise Financial Inc

https://www.ameriprise.com
Asset Management
13800
1099 Ameriprise Financial Center, Minneapolis, MN, United States, 55474
Google Maps Bing Maps

Ameriprise Financial, Inc., together with its subsidiaries, provides various financial products and services to individual and institutional clients in the United States and internationally. It operates through four segments: Advice & Wealth Management, Asset Management, Retirement & Protection Solutions, and Corporate & Other. The Advice & Wealth Management segment provides financial planning and advice; brokerage products and services for retail and institutional clients; discretionary and non-discretionary investment advisory accounts; mutual funds; insurance and annuities products; cash management and banking products; and face-amount certificates. The Asset Management segment offers investment management, advice, and products to retail, high net worth, and institutional clients through third-party financial institutions, advisor networks, direct retail, and its institutional sales force under the Columbia Threadneedle Investments brand name. This segment products include U.S. mutual funds and their non-U.S. equivalents, exchange-traded funds, variable product funds underlying insurance, and annuity separate accounts; and institutional asset management products, such as traditional asset classes, separately managed accounts, individually managed accounts, collateralized loan obligations, hedge funds, collective funds, and property and infrastructure funds. The Retirement & Protection Solutions segment provides variable annuity products, as well as life and disability income insurance products to retail clients. The company was formerly known as American Express Financial Corporation and changed its name to Ameriprise Financial, Inc. in September 2005. Ameriprise Financial, Inc. was founded in 1894 and is headquartered in Minneapolis, Minnesota.

Fundamental data was last updated by Penke on 2024-04-13 05:23:04.

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 efficient in making profit.

Operating Efficiency Details

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

Liquidity Details

	Compared to previous year	Compared to industry
The company is very able to pay all its short-term debts.
The company is very 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 just 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 overpriced.
Based on the earnings, the company is fair priced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Ameriprise Financial Inc.

1.1. Profitability

1.1.1. Net Profit Margin

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

Above 10% is considered healthy but always compare Ameriprise to the Asset Management industry mean.
A Net Profit Margin of 9.0% means that $0.09 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Ameriprise Financial Inc:

The MRQ is 9.0%. The company is making a profit. +1
The TTM is 16.3%. The company is making a huge profit. +2

Trends

Current period		Compared to		+/-
MRQ	9.0%	TTM	16.3%	-7.3%
TTM	16.3%	YOY	17.9%	-1.6%
TTM	16.3%	5Y	16.5%	-0.1%
5Y	16.5%	10Y	14.9%	+1.6%

Compared to industry (Asset Management)

Period	Company	Industry (mean)	+/-
MRQ	9.0%	62.7%	-53.7%
TTM	16.3%	62.7%	-46.4%
YOY	17.9%	71.1%	-53.2%
5Y	16.5%	59.8%	-43.3%
10Y	14.9%	56.8%	-41.9%

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

Revenue is the amount of profit Ameriprise 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 Ameriprise 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 Ameriprise to the Asset Management industry mean.
Can be used to compare companies within the Asset Management industry.

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

Why do investors use net profit margin in their analysis

It helps investors to determine the efficiency of Ameriprise. If profit margins remain low (compared to the Asset Management 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 Ameriprise is 0.09. This means that Ameriprise earned $0.09 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 Asset Management industry is 62.7%.
What is the trend?
The trend is important because it shows you how Ameriprise is performing over time. The most recent quarter might be important if Ameriprise 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 Ameriprise 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 Ameriprise with other companies in the same industry (Asset Management).
Net profit margin should rise over the years.
Can be influenced when Ameriprise sells assets (profit will increase while costs remain the same).
It won’t show what part of Ameriprise 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 Ameriprise

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 Ameriprise = 377,000
Total revenue MRQ Ameriprise = 4,168,000
$377,000 / $4,168,000 = 0.09 or 9.0%

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 Ameriprise is using its assets to generate profit.

Above 5% is considered healthy but always compare Ameriprise to the Asset Management industry mean.
0.2% Return on Assets means that Ameriprise generated $0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Ameriprise Financial Inc:

The MRQ is 0.2%. Using its assets, the company is inefficient in making profit. -1
The TTM is 0.4%. Using its assets, the company is inefficient in making profit. -1

Trends

Current period		Compared to		+/-
MRQ	0.2%	TTM	0.4%	-0.2%
TTM	0.4%	YOY	0.4%	0.0%
TTM	0.4%	5Y	0.4%	+0.0%
5Y	0.4%	10Y	0.3%	+0.0%

Compared to industry (Asset Management)

Period	Company	Industry (mean)	+/-
MRQ	0.2%	1.2%	-1.0%
TTM	0.4%	1.1%	-0.7%
YOY	0.4%	0.7%	-0.3%
5Y	0.4%	1.7%	-1.3%
10Y	0.3%	2.3%	-2.0%

Shows how efficient Ameriprise 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 Ameriprise to the Asset Management 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 Ameriprise is using its resources to generate profit. If the return on assets (0.2%) from Ameriprise are higher than the Asset Management mean (1.2%) that means Ameriprise 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 Ameriprise is 0.2%. 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 Asset Management industry is 1.2%.
What is the trend?
The trend is important because it shows you how Ameriprise is performing over time. The most recent quarter might be important if Ameriprise 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 Ameriprise 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 Ameriprise

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

Income statement
Balance sheet

Net income MRQ (income statement) from Ameriprise = 377,000
Total assets MRQ (balance sheet) from Ameriprise = 175,191,000
377,000 / 175,191,000 = 0.00 or 0.2%

ROA is an important ratio as it will tell you how effectively Ameriprise 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 Ameriprise is using its investors money to generate profit.

Above 15%-20% is considered healthy but always compare Ameriprise to the Asset Management industry mean.
8.0% Return on Equity means Ameriprise generated $0.08 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Ameriprise Financial Inc:

The MRQ is 8.0%. Using its investors money, the company is less efficient in making profit.
The TTM is 15.7%. Using its investors money, the company is efficient in making profit. +1

Trends

Current period		Compared to		+/-
MRQ	8.0%	TTM	15.7%	-7.7%
TTM	15.7%	YOY	15.8%	-0.2%
TTM	15.7%	5Y	11.5%	+4.2%
5Y	11.5%	10Y	8.7%	+2.7%

Compared to industry (Asset Management)

Period	Company	Industry (mean)	+/-
MRQ	8.0%	2.4%	+5.6%
TTM	15.7%	2.2%	+13.5%
YOY	15.8%	1.6%	+14.2%
5Y	11.5%	2.8%	+8.7%
10Y	8.7%	3.4%	+5.3%

Shows how efficient Ameriprise 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 Ameriprise to the Asset Management 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 Asset Management 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 Ameriprise is 8.0%. This means Ameriprise generated $0.08 for each $1 the owners (shareholders) invested.
How does it compare to the industry?
The mean MRQ Return on Equity of the Asset Management industry is 2.4%.
What is the trend?
The trend is important because it shows you how Ameriprise is performing over time. The most recent quarter might be important if Ameriprise 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 Ameriprise up to 10 years back (depending if Ameriprise 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 Ameriprise

You need the following data to determine ROE:

Income statement
Balance sheet
Net profit MRQ (income statement) Ameriprise = 377,000
Shareholders equity (balance sheet) MRQ Ameriprise = 4,729,000
377,000 / 4,729,000 = 0.08 or 8.0%

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 Ameriprise Financial Inc.

1.2. Operating Efficiency

1.2.1. Operating Margin

Measures how efficient Ameriprise is operating .

Measures how much profit Ameriprise 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 Ameriprise to the Asset Management industry mean.
An Operating Margin of 16.8% means the company generated $0.17 for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Ameriprise Financial Inc:

The MRQ is 16.8%. The company is operating efficient. +1
The TTM is 19.9%. The company is operating efficient. +1

Trends

Current period		Compared to		+/-
MRQ	16.8%	TTM	19.9%	-3.1%
TTM	19.9%	YOY	24.7%	-4.8%
TTM	19.9%	5Y	24.5%	-4.6%
5Y	24.5%	10Y	22.2%	+2.4%

Compared to industry (Asset Management)

Period	Company	Industry (mean)	+/-
MRQ	16.8%	63.2%	-46.4%
TTM	19.9%	51.4%	-31.5%
YOY	24.7%	69.8%	-45.1%
5Y	24.5%	55.2%	-30.7%
10Y	22.2%	51.6%	-29.4%

Measures how efficient Ameriprise 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 Ameriprise to the Asset Management 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 Ameriprise 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 Ameriprise is 16.8%. This means that Ameriprise earned $0.17 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Margin of the Asset Management industry is 63.2%.
What is the trend?
The trend is important because it shows you how Ameriprise is performing over time. The most recent quarter might be important if Ameriprise 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 Ameriprise 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 Ameriprise

You need the following data to determine operating margin:

Income statement
Operating earnings MRQ Ameriprise = 761,000
Total revenue MRQ Ameriprise = 4,168,000
$761,000 / $4,168,000 = 0.17 or 16.8%

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 Ameriprise is keeping operating costs low.

Below 1 is considered healthy (always compare to Asset Management industry mean).
An Operation Ratio of 0.76 means that the operating costs are $0.76 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Ameriprise Financial Inc:

The MRQ is 0.757. The company is efficient in keeping operating costs low. +1
The TTM is 0.542. The company is very efficient in keeping operating costs low. +2

Trends

Current period		Compared to		+/-
MRQ	0.757	TTM	0.542	+0.215
TTM	0.542	YOY	0.847	-0.305
TTM	0.542	5Y	0.730	-0.188
5Y	0.730	10Y	0.764	-0.033

Compared to industry (Asset Management)

Period	Company	Industry (mean)	+/-
MRQ	0.757	0.450	+0.307
TTM	0.542	0.511	+0.031
YOY	0.847	0.368	+0.479
5Y	0.730	0.461	+0.269
10Y	0.764	0.515	+0.249

Measures how efficient Ameriprise 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 Ameriprise to the Asset Management 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 Ameriprise is 75.7%. This means that Ameriprise earned $0.76 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 Asset Management industry is 0.45.
What is the trend?
The trend is important because it shows you how Ameriprise is performing over time. The most recent quarter might be important if Ameriprise 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 Ameriprise 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 Ameriprise

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
(2,336,000 +820,000) \ 4,168,000 = 0.76

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 Ameriprise Financial Inc.

1.3. Liquidity

1.3.1. Current Ratio

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

Above 1.5 is considered healthy (always compare to Asset Management industry mean).
A Current Ratio of 0.64 means the company has $0.64 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Ameriprise Financial Inc:

The MRQ is 0.645. The company is unable to pay all its short-term debts. -2
The TTM is 55.628. The company is very able to pay all its short-term debts. +2

Trends

Current period		Compared to		+/-
MRQ	0.645	TTM	55.628	-54.983
TTM	55.628	YOY	157.661	-102.033
TTM	55.628	5Y	66.186	-10.558
5Y	66.186	10Y	33.104	+33.082

Compared to industry (Asset Management)

Period	Company	Industry (mean)	+/-
MRQ	0.645	3.086	-2.441
TTM	55.628	3.144	+52.484
YOY	157.661	4.009	+153.652
5Y	66.186	5.237	+60.949
10Y	33.104	6.647	+26.457

Measures if Ameriprise 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 Asset Management 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 Ameriprise 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 Ameriprise is 0.64. This means Ameriprise has $0.64 in assets for each $1 in short-term debts.
How does it compare to the industry?
The mean MRQ Current Ratio of the Asset Management industry is 3.09.
What is the trend?
The trend is important because it shows you how Ameriprise is performing over time. The most recent quarter might be important if Ameriprise 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 Ameriprise 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 Ameriprise

You need the following data to determine operating ratio:

Balance sheet
Current ratio = current assets \ current liabilities
24,190,000 \ 37,522,000) = 0.64

The current ratio measures if Ameriprise 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 Ameriprise 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 Ameriprise 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 Ameriprise 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 Ameriprise is able to pay off Short-term Debt but only using the most liquid assets.

Above 1 is considered healthy but always compare Ameriprise to the Asset Management industry mean.
A Quick Ratio of 1.98 means the company can pay off $1.98 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Ameriprise Financial Inc:

The MRQ is 1.978. The company is very able to pay all its short-term debts with the most liquid assets. +2
The TTM is 117.148. The company is very able to pay all its short-term debts with the most liquid assets. +2

Trends

Current period		Compared to		+/-
MRQ	1.978	TTM	117.148	-115.169
TTM	117.148	YOY	227.642	-110.494
TTM	117.148	5Y	135.805	-18.658
5Y	135.805	10Y	68.165	+67.640

Compared to industry (Asset Management)

Period	Company	Industry (mean)	+/-
MRQ	1.978	2.988	-1.010
TTM	117.148	3.357	+113.791
YOY	227.642	4.675	+222.967
5Y	135.805	6.479	+129.326
10Y	68.165	6.503	+61.662

Measures if Ameriprise 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 Ameriprise to the Asset Management 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 Ameriprise can pay off its short term debts. This shows if Ameriprise 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 Ameriprise is 1.98. This means that Ameriprise can pay off $1.98 for each $1 in debt (using most liquid assets).
How does it compare to the industry?
The mean MRQ Quick Ratio of the Asset Management industry is 2.99.
What is the trend?
The trend is important because it shows you how Ameriprise is performing over time. The most recent quarter might be important if Ameriprise 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 Ameriprise 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 Ameriprise

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 Ameriprise: (7,564,000 + 51,562,000 +15,106,000) / 37,522,000 = 1.98

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 Ameriprise Financial Inc.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Measures how much % of Ameriprise assets are financed with debt.

Below 1 (100%) is considered healthy but always compare Ameriprise to Asset Management industry mean.
A Debt to Asset Ratio of 0.97 means that Ameriprise assets are financed with 97.3% credit (debt) and the remaining percentage (100% - 97.3%) is financed by its owners/shareholders.

Let's take a look of the Debt to Asset Ratio trends of Ameriprise Financial Inc:

The MRQ is 0.973. The company is just able to pay all its debts by selling its assets.
The TTM is 0.975. The company is just able to pay all its debts by selling its assets.

Trends

Current period		Compared to		+/-
MRQ	0.973	TTM	0.975	-0.002
TTM	0.975	YOY	0.975	+0.001
TTM	0.975	5Y	0.967	+0.008
5Y	0.967	10Y	0.958	+0.009

Compared to industry (Asset Management)

Period	Company	Industry (mean)	+/-
MRQ	0.973	0.182	+0.791
TTM	0.975	0.181	+0.794
YOY	0.975	0.173	+0.802
5Y	0.967	0.187	+0.780
10Y	0.958	0.186	+0.772

Measures how much % of Ameriprise assets are financed with debt.

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

How to use debt to asset ratio

Lower is better.
below 1 (100%) is considered healthy but always compare Ameriprise to Asset Management 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 Ameriprise is 0.97. This means means that Ameriprise is financed with 97.3% 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 Asset Management industry is 308.6%.
What is the trend?
The trend is important because it shows you how Ameriprise is performing over time. The most recent quarter might be important if Ameriprise 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 Ameriprise 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 Ameriprise has so much debt.

How to calculate debt to asset ratio

Debt to asset ratio = total debt \ total assets

Real life example Ameriprise

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

Balance sheet
Debt to asset ratio = total debt \ total assets
170,462,000 \ 175,191,000 = 97.3% or 0.97.

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 Ameriprise is able to pay off its debts by using shareholders equity.

Below 2 is considered healthy but always compare Ameriprise to the Asset Management industry mean.
A Debt to Equity ratio of 3,604.6% means that company has $36.05 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Ameriprise Financial Inc:

The MRQ is 36.046. The company is unable to pay all its debts with equity. -1
The TTM is 39.511. The company is unable to pay all its debts with equity. -1

Trends

Current period		Compared to		+/-
MRQ	36.046	TTM	39.511	-3.465
TTM	39.511	YOY	39.302	+0.209
TTM	39.511	5Y	31.264	+8.247
5Y	31.264	10Y	25.727	+5.537

Compared to industry (Asset Management)

Period	Company	Industry (mean)	+/-
MRQ	36.046	0.206	+35.840
TTM	39.511	0.202	+39.309
YOY	39.302	0.202	+39.100
5Y	31.264	0.246	+31.018
10Y	25.727	0.255	+25.472

Measures if Ameriprise 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 Ameriprise 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 Ameriprise is 36.05. This means that Ameriprise can pay off $36.05 for each $1 in debt.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Asset Management industry is 0.21.
What is the trend?
The trend is important because it shows you how Ameriprise is performing over time. The most recent quarter might be important if Ameriprise 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 Ameriprise 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 Ameriprise

You need the following data to determine equity ratio:

Balance sheet
Debt to equity ratio = total debt \ shareholders equity
170,462,000 \ 4,729,000 = 36.05 or 3,604.6%

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 Ameriprise Financial Inc

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 Ameriprise generates.

Above 15 is considered overpriced but always compare Ameriprise to the Asset Management industry mean.
A PE ratio of 26.62 means the investor is paying $26.62 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Ameriprise Financial Inc:

The EOD is 28.739. Based on the earnings, the company is overpriced. -1
The MRQ is 26.623. Based on the earnings, the company is overpriced. -1
The TTM is 16.768. Based on the earnings, the company is fair priced.

Trends

Current period		Compared to		+/-
EOD	28.739	MRQ	26.623	+2.115
MRQ	26.623	TTM	16.768	+9.855
TTM	16.768	YOY	12.741	+4.027
TTM	16.768	5Y	10.090	+6.679
5Y	10.090	10Y	12.017	-1.927

Compared to industry (Asset Management)

Period	Company	Industry (mean)	+/-
EOD	28.739	6.087	+22.652
MRQ	26.623	5.836	+20.787
TTM	16.768	6.041	+10.727
YOY	12.741	3.370	+9.371
5Y	10.090	5.740	+4.350
10Y	12.017	7.751	+4.266

Measures how much money you pay for each share for every $1 in earnings Ameriprise 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 Ameriprise to the Asset Management 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 Ameriprise is 26.62. This means the investor is paying $26.62 for every $1 in earnings.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Asset Management industry is 5.84.
What is the trend?
The trend is important because it shows you how Ameriprise is performing over time. The most recent quarter might be important if Ameriprise 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 Ameriprise 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 Ameriprise

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 \ 105,700 = EPS
PE ratio MRQ = 26.62

* 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 Ameriprise Financial Inc:

The EOD is 5.177. Based on how much money comes from the company's main activities, the company is cheap. +2
The MRQ is 4.796. Based on how much money comes from the company's main activities, the company is cheap. +2
The TTM is 10.141. Based on how much money comes from the company's main activities, the company is cheap. +2

Trends

Current period		Compared to		+/-
EOD	5.177	MRQ	4.796	+0.381
MRQ	4.796	TTM	10.141	-5.346
TTM	10.141	YOY	10.419	-0.278
TTM	10.141	5Y	4.745	+5.396
5Y	4.745	10Y	-0.347	+5.093

Compared to industry (Asset Management)

Period	Company	Industry (mean)	+/-
EOD	5.177	4.922	+0.255
MRQ	4.796	4.713	+0.083
TTM	10.141	3.487	+6.654
YOY	10.419	1.706	+8.713
5Y	4.745	2.481	+2.264
10Y	-0.347	2.490	-2.837

2. Book Value per Share

2.3. Price to Book Ratio

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

At or below 1 is considered healthy (always compare to Asset Management industry mean).
A PB ratio of 8.49 means the investor is paying $8.49 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Ameriprise Financial Inc:

The EOD is 9.164. Based on the equity, the company is overpriced. -1
The MRQ is 8.490. Based on the equity, the company is overpriced. -1
The TTM is 8.670. Based on the equity, the company is overpriced. -1

Trends

Current period		Compared to		+/-
EOD	9.164	MRQ	8.490	+0.675
MRQ	8.490	TTM	8.670	-0.181
TTM	8.670	YOY	7.901	+0.770
TTM	8.670	5Y	5.706	+2.965
5Y	5.706	10Y	4.308	+1.398

Compared to industry (Asset Management)

Period	Company	Industry (mean)	+/-
EOD	9.164	0.934	+8.230
MRQ	8.490	0.910	+7.580
TTM	8.670	0.910	+7.760
YOY	7.901	0.973	+6.928
5Y	5.706	1.012	+4.694
10Y	4.308	1.163	+3.145

2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Ameriprise Financial Inc.

3.1. Institutions holding Ameriprise Financial Inc

Institutions are holding 86.109% of the shares of Ameriprise Financial Inc.

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2023-12-31	Vanguard Group Inc	12.9876	0.108	13012431	-239461	-1.807
2023-12-31	BlackRock Inc	8.3224	0.0808	8338265	-205148	-2.4012
2023-12-31	State Street Corporation	4.4955	0.0832	4504098	50038	1.1234
2023-12-31	Aristotle Capital Management LLC	3.4924	2.6018	3499042	-174073	-4.7391
2023-12-31	JPMorgan Chase & Co	3.2332	0.1182	3239398	122646	3.9351
2023-12-31	Geode Capital Management, LLC	2.4883	0.0988	2493070	8302	0.3341
2023-12-31	Morgan Stanley - Brokerage Accounts	2.2581	0.0757	2262374	21349	0.9526
2023-12-31	Viking Global Investors LP	1.9107	2.6634	1914374	180356	10.401
2023-12-31	UBS Asset Mgmt Americas Inc	1.7345	0.2597	1737857	-140493	-7.4796
2023-12-31	Goldman Sachs Group Inc	1.6274	0.0556	1630468	827482	103.0506
2023-12-31	Boston Partners Global Investors, Inc	1.6019	0.8075	1604991	-127089	-7.3374
2023-12-31	Nuveen Asset Management, LLC	1.4787	0.1809	1481493	-26306	-1.7447
2023-12-31	Bank of New York Mellon Corp	1.3604	0.105	1362989	-127413	-8.5489
2023-12-31	UBS Group AG	1.3532	0.1542	1355816	133912	10.9593
2023-12-31	NORGES BANK	1.3521	0.0899	1354655	103645	8.2849
2023-12-31	FMR Inc	1.2733	0.0372	1275716	-19810	-1.5291
2023-12-31	Northern Trust Corp	1.1787	0.0812	1180946	-70507	-5.634
2023-12-31	Dimensional Fund Advisors, Inc.	1.0133	0.1126	1015225	35931	3.6691
2023-12-31	Royal Bank of Canada	0.9603	0.0853	962105	67361	7.5285
2023-12-31	LSV Asset Management	0.9471	0.7865	948925	-48380	-4.8511
Total		55.0691	8.5855	55174238	+372342	+0.7%

3.2. Funds holding Ameriprise Financial Inc

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2024-02-29	Vanguard Total Stock Mkt Idx Inv	3.1621	0.0832	3168173	-6468	-0.2037
2024-02-29	Vanguard Institutional 500 Index Trust	2.5213	0.0962	2526162	25385	1.0151
2024-02-29	Vanguard Mid Cap Index Institutional	2.257	0.5752	2261314	-6024	-0.2657
2023-12-31	UBS: Global Equity	1.3725	1.5424	1375142	-182525	-11.7178
2024-03-28	SPDR® S&P 500 ETF Trust	1.2265	0.1003	1228844	7080	0.5795
2024-02-29	Fidelity 500 Index	1.2114	0.096	1213688	12211	1.0163
2024-01-31	JHancock Disciplined Value Mid Cap I	1.1095	2.0546	1111618	-107908	-8.8484
2024-02-29	JPMorgan US Equity L	1.0639	1.587	1065944	0	0
2024-03-28	iShares Core S&P 500 ETF	1.0369	0.0995	1038922	7680	0.7447
2023-12-31	JPM US Equity-MA	0.9454	1.4137	947160	945975	79829.1139
2023-12-31	Vanguard Windsor™ II Inv	0.8693	0.5839	871000	-28000	-3.1146
2024-02-29	Vanguard Value Index Inv	0.8442	0.2123	845778	2860	0.3393
2024-02-29	Vanguard Mid-Cap Value ETF	0.7458	1.0859	747238	-21370	-2.7804
2024-02-29	JPMorgan Mid Cap Value L	0.6804	2.0609	681728	0	0
2023-12-31	JPM US Mid Cap Value-Composite	0.6804	1.9683	681728	-13122	-1.8885
2024-02-29	Vanguard Institutional Index I	0.6654	0.0959	666650	-2605	-0.3892
2024-03-28	Financial Select Sector SPDR® ETF	0.6621	0.7574	663316	1260	0.1903
2024-02-29	Vanguard Dividend Appreciation ETF	0.5887	0.2633	589777	3722	0.6351
2024-02-29	State St S&P 500® Indx SL Cl III	0.4888	0.0955	489783	2300	0.4718
2023-12-31	Lyrical U.S. Value Equity - CS	0.4722	5.6033	473112	27417	6.1515
Total		22.6038	20.3748	22647077	+667868	+2.9%

3.3. Insider Transactions

Insiders are holding 0.172% of the shares of Ameriprise Financial Inc.

Date	Owner	Type	Amount	Price
2024-03-27	Gumer Alvero	SELL	1652	437
2024-03-26	Dawn M Brockman	SELL	224	434.13
2024-02-28	William F Truscott	SELL	8000	412.05
2024-02-26	Gerard P Smyth	SELL	4440	407.92
2024-02-26	James M Cracchiolo	SELL	5000	408.63
2024-02-22	Gumer Alvero	SELL	385	400.98
2024-02-22	James M Cracchiolo	SELL	12000	401.48
2024-02-20	James M Cracchiolo	SELL	4298	397.22
2024-02-16	James M Cracchiolo	SELL	11288	399.64
2024-02-12	Joseph Edward Sweeney	SELL	7200	401.82
2024-02-12	James M Cracchiolo	SELL	2493	401.11
2024-02-07	Walter Stanley Berman	SELL	13346	387.81
2024-02-06	Robert Francis Sharpe Jr	SELL	4000	386.6
2024-01-29	Joseph Edward Sweeney	SELL	5146	389.47
2024-01-26	William F Truscott	SELL	9689	390.22
2023-12-13	Walter Stanley Berman	SELL	6409	370.81
2023-12-11	James M Cracchiolo	SELL	9948	365.86
2023-08-04	Walter Stanley Berman	SELL	13042	351.55
2023-08-03	James M Cracchiolo	SELL	9616	354
2023-06-29	Gumer Alvero	SELL	460	329.94

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Ameriprise Financial Inc 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	-	-	9.026	3.077	+193%	-3.977	+144%	0.286	+3057%	-0.022	+100%
Book Value Per Share	-	-	44.740	38.941	+15%	35.518	+26%	42.996	+4%	42.996	+4%
Current Ratio	-	-	0.645	55.628	-99%	157.661	-100%	66.186	-99%	33.104	-98%
Debt To Asset Ratio	-	-	0.973	0.975	0%	0.975	0%	0.967	+1%	0.958	+2%
Debt To Equity Ratio	-	-	36.046	39.511	-9%	39.302	-8%	31.264	+15%	25.727	+40%
Dividend Per Share	-	-	1.287	1.276	+1%	1.175	+10%	1.087	+18%	0.896	+44%
Eps	-	-	3.567	5.927	-40%	5.614	-36%	4.756	-25%	3.583	0%
Free Cash Flow Per Share	-	-	19.801	10.494	+89%	9.333	+112%	7.853	+152%	5.495	+260%
Free Cash Flow To Equity Per Share	-	-	23.406	20.575	+14%	27.987	-16%	15.145	+55%	7.952	+194%
Gross Profit Margin	-	-	-2.467	-1.324	-46%	-0.985	-60%	-0.544	-78%	-0.884	-64%
Intrinsic Value_10Y_max	-	-	1901.737	-	-	-	-	-	-	-	-
Intrinsic Value_10Y_min	-	-	426.768	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_max	-	-	57.975	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_min	-	-	25.676	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_max	-	-	275.242	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_min	-	-	92.404	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_max	-	-	614.338	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_min	-	-	175.343	-	-	-	-	-	-	-	-
Market Cap	41079311910.000	+2%	40148031000.000	36294475750.000	+11%	31293451750.000	+28%	27529195950.000	+46%	24208628725.000	+66%
Net Profit Margin	-	-	0.090	0.163	-45%	0.179	-50%	0.165	-45%	0.149	-39%
Operating Margin	-	-	0.168	0.199	-16%	0.247	-32%	0.245	-32%	0.222	-24%
Operating Ratio	-	-	0.757	0.542	+40%	0.847	-11%	0.730	+4%	0.764	-1%
Pb Ratio	9.164	+7%	8.490	8.670	-2%	7.901	+7%	5.706	+49%	4.308	+97%
Pe Ratio	28.739	+7%	26.623	16.768	+59%	12.741	+109%	10.090	+164%	12.017	+122%
Price Per Share	410.010	+7%	379.830	337.043	+13%	275.340	+38%	234.227	+62%	178.773	+112%
Price To Free Cash Flow Ratio	5.177	+7%	4.796	10.141	-53%	10.419	-54%	4.745	+1%	-0.347	+107%
Price To Total Gains Ratio	39.760	+7%	36.833	-44.966	+222%	-23.978	+165%	-776.352	+2208%	-363.448	+1087%
Quick Ratio	-	-	1.978	117.148	-98%	227.642	-99%	135.805	-99%	68.165	-97%
Return On Assets	-	-	0.002	0.004	-43%	0.004	-46%	0.004	-39%	0.003	-32%
Return On Equity	-	-	0.080	0.157	-49%	0.158	-50%	0.115	-31%	0.087	-9%
Total Gains Per Share	-	-	10.312	4.353	+137%	-2.802	+127%	1.373	+651%	0.874	+1080%
Usd Book Value	-	-	4729000000.000	4194500000.000	+13%	4046000000.000	+17%	5213400000.000	-9%	6306100000.000	-25%
Usd Book Value Change Per Share	-	-	9.026	3.077	+193%	-3.977	+144%	0.286	+3057%	-0.022	+100%
Usd Book Value Per Share	-	-	44.740	38.941	+15%	35.518	+26%	42.996	+4%	42.996	+4%
Usd Dividend Per Share	-	-	1.287	1.276	+1%	1.175	+10%	1.087	+18%	0.896	+44%
Usd Eps	-	-	3.567	5.927	-40%	5.614	-36%	4.756	-25%	3.583	0%
Usd Free Cash Flow	-	-	2093000000.000	1125250000.000	+86%	1056250000.000	+98%	930250000.000	+125%	729575000.000	+187%
Usd Free Cash Flow Per Share	-	-	19.801	10.494	+89%	9.333	+112%	7.853	+152%	5.495	+260%
Usd Free Cash Flow To Equity Per Share	-	-	23.406	20.575	+14%	27.987	-16%	15.145	+55%	7.952	+194%
Usd Market Cap	41079311910.000	+2%	40148031000.000	36294475750.000	+11%	31293451750.000	+28%	27529195950.000	+46%	24208628725.000	+66%
Usd Price Per Share	410.010	+7%	379.830	337.043	+13%	275.340	+38%	234.227	+62%	178.773	+112%
Usd Profit	-	-	377000000.000	639000000.000	-41%	639750000.000	-41%	565100000.000	-33%	484375000.000	-22%
Usd Revenue	-	-	4168000000.000	3927750000.000	+6%	3567750000.000	+17%	3403300000.000	+22%	3226550000.000	+29%
Usd Total Gains Per Share	-	-	10.312	4.353	+137%	-2.802	+127%	1.373	+651%	0.874	+1080%
	EOD	+4 -4	MRQ	TTM	+23 -13	YOY	+21 -15	5Y	+18 -18	10Y	+19 -17

4.2. Fundamental Score

Let's check the fundamental score of Ameriprise Financial Inc based on Penke's default stock scanner.

Penke's Stock Scanner

Indicator	Condition		Value
Price to Earnings Ratio (EOD)	Between	0-15	28.739
Price to Book Ratio (EOD)	Between	0-1	9.164
Net Profit Margin (MRQ)	Greater than	0	0.090
Operating Margin (MRQ)	Greater than	0	0.168
Quick Ratio (MRQ)	Greater than	1	1.978
Current Ratio (MRQ)	Greater than	1	0.645
Debt to Asset Ratio (MRQ)	Less than	1	0.973
Debt to Equity Ratio (MRQ)	Less than	1	36.046
Return on Equity (MRQ)	Greater than	0.15	0.080
Return on Assets (MRQ)	Greater than	0.05	0.002
Total			4/10 (40.0%)

Create your own Stock Scanner

Investing is personal. The best investors buy stocks based on their own analysis. Create your personal Stock Scanner with the key performance indicators that are important to you.
Create your own Stock Scanner

4.3. Technical Score

Let's check the technical score of Ameriprise Financial Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	41.878
Ma 20	Greater than	Ma 50	421.088
Ma 50	Greater than	Ma 100	417.857
Ma 100	Greater than	Ma 200	398.797
Open	Greater than	Close	408.570
Total			3/5 (60.0%)

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.
Create your own Symbol Scanner

Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

	2022-12-31		2023-03-31		2023-06-30		2023-09-30		2023-12-31
Other Assets	53,912,000	50,445,000	104,357,000	-4,776,000	99,581,000	-8,967,000	90,614,000	-90,707,000	-93,000
Long-term Assets Other	-6,960,000	-37,961,000	-44,921,000	-2,710,000	-47,631,000	-4,961,000	-52,592,000	137,273,000	84,681,000
Depreciation and Amortization	-29,000	-6,000	-35,000	0	-35,000	-9,000	-44,000	105,000	61,000

Latest Balance Sheet

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

Summary

Total Assets	175,191,000
Total Liabilities	170,462,000
Total Stockholder Equity	4,729,000

	As reported
Total Liabilities	170,462,000
Total Stockholder Equity	+ 4,729,000
Total Assets	= 175,191,000

Assets

Total Assets	175,191,000
Total Current Assets	24,190,000
Long-term Assets	151,094,000

Total Current Assets

Total Current Assets (as reported)	24,190,000
Cash And Cash Equivalents	7,564,000
Short-term Investments	51,562,000
Net Receivables	15,106,000
Other Current Assets	-22,670,000
Total Current Assets (calculated)	51,562,000
+/-	27,372,000

Long-term Assets

Long-term Assets (as reported)	151,094,000
Property Plant Equipment	958,000
Goodwill	1,410,000
Long Term Investments	51,607,000
Intangible Assets	2,713,000
Long-term Assets Other	84,681,000
Long-term Assets (calculated)	141,369,000
+/-	9,725,000

Liabilities & Shareholders' Equity

Total Current Liabilities	37,522,000
Long-term Liabilities	132,940,000
Total Stockholder Equity	4,729,000

Total Current Liabilities

Total Current Liabilities (as reported)	37,522,000
Short-term Debt	201,000
Short Long Term Debt	751,000
Total Current Liabilities (calculated)	952,000
+/-	36,570,000

Long-term Liabilities

Long-term Liabilities (as reported)	132,940,000
Long term Debt	4,984,000
Capital Lease Obligations	20,000
Long-term Liabilities (calculated)	5,004,000
+/-	127,936,000

Total Stockholder Equity

Total Stockholder Equity (as reported)	4,729,000
Common Stock	3,000
Retained Earnings	21,905,000
Accumulated Other Comprehensive Income	-1,766,000
Other Stockholders Equity	-15,413,000
Total Stockholder Equity (calculated)	4,729,000
+/-	0

Other

Capital Stock	3,000
Cash and Short Term Investments	7,564,000
Common Stock Shares Outstanding	105,700
Current Deferred Revenue	37,321,000
Liabilities and Stockholders Equity	175,191,000
Net Debt	-1,809,000
Net Invested Capital	10,464,000
Net Working Capital	-13,332,000
Short Long Term Debt Total	5,755,000

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

2003-12-31

> Total Assets

85,384,000
0
93,113,000
93,536,000
95,952,000
92,274,000
93,121,000
95,821,000
96,049,000
99,504,000
104,172,000
105,160,000
108,132,000
109,854,000
109,230,000
104,902,000
104,267,000
99,150,000
95,676,000
94,581,000
103,214,000
111,201,000
113,774,000
122,377,000
121,110,000
129,044,000
131,192,000
133,832,000
135,138,000
130,380,000
133,986,000
136,757,000
135,270,000
138,564,000
134,729,000
137,296,000
137,258,000
140,208,000
144,576,000
145,964,000
149,160,000
147,193,000
148,810,000
151,448,000
148,806,000
145,320,000
145,259,000
140,250,000
142,684,000
143,623,000
139,821,000
140,857,000
143,144,000
145,486,000
147,470,000
144,762,000
143,268,000
145,191,000
137,216,000
144,403,000
148,678,000
149,513,000
151,828,000
145,682,000
154,902,000
158,687,000
165,883,000
165,737,000
171,703,000
170,726,000
175,979,000
167,525,000
158,497,000
153,354,000
158,468,000
166,640,000
169,781,000
165,136,000
175,191,000

175,191,000

165,136,000

169,781,000

166,640,000

158,468,000

153,354,000

158,497,000

167,525,000

175,979,000

170,726,000

171,703,000

165,737,000

165,883,000

158,687,000

154,902,000

145,682,000

151,828,000

149,513,000

148,678,000

144,403,000

137,216,000

145,191,000

143,268,000

144,762,000

147,470,000

145,486,000

143,144,000

140,857,000

139,821,000

143,623,000

142,684,000

140,250,000

145,259,000

145,320,000

148,806,000

151,448,000

148,810,000

147,193,000

149,160,000

145,964,000

144,576,000

140,208,000

137,258,000

137,296,000

134,729,000

138,564,000

135,270,000

136,757,000

133,986,000

130,380,000

135,138,000

133,832,000

131,192,000

129,044,000

121,110,000

122,377,000

113,774,000

111,201,000

103,214,000

94,581,000

95,676,000

99,150,000

104,267,000

104,902,000

109,230,000

109,854,000

108,132,000

105,160,000

104,172,000

99,504,000

96,049,000

95,821,000

93,121,000

92,274,000

95,952,000

93,536,000

93,113,000

85,384,000

> Total Current Assets

0
0
3,281,000
0
2,510,000
2,620,000
1,192,000
1,650,000
2,101,000
3,309,000
1,346,000
2,413,000
3,303,000
3,972,000
1,302,000
3,904,000
3,373,000
4,043,000
6,228,000
5,796,000
4,469,000
3,580,000
3,097,000
4,816,000
3,827,000
3,685,000
2,861,000
2,460,000
2,528,000
2,664,000
1,793,000
1,875,000
1,763,000
2,060,000
2,538,000
2,262,000
2,241,000
2,259,000
2,360,000
2,391,000
2,344,000
2,382,000
2,614,000
2,714,000
2,491,000
2,703,000
2,949,000
2,900,000
2,866,000
2,962,000
3,331,000
3,403,000
3,072,000
3,131,000
3,147,000
2,818,000
2,591,000
2,493,000
2,910,000
2,564,000
2,377,000
2,174,000
2,386,000
2,848,000
2,416,000
2,551,000
2,558,000
18,271,000
9,503,000
10,087,000
55,520,000
18,351,000
2,494,000
60,425,000
63,707,000
17,362,000
22,569,000
21,930,000
24,190,000

24,190,000

21,930,000

22,569,000

17,362,000

63,707,000

60,425,000

2,494,000

18,351,000

55,520,000

10,087,000

9,503,000

18,271,000

2,558,000

2,551,000

2,416,000

2,848,000

2,386,000

2,174,000

2,377,000

2,564,000

2,910,000

2,493,000

2,591,000

2,818,000

3,147,000

3,131,000

3,072,000

3,403,000

3,331,000

2,962,000

2,866,000

2,900,000

2,949,000

2,703,000

2,491,000

2,714,000

2,614,000

2,382,000

2,344,000

2,391,000

2,360,000

2,259,000

2,241,000

2,262,000

2,538,000

2,060,000

1,763,000

1,875,000

1,793,000

2,664,000

2,528,000

2,460,000

2,861,000

3,685,000

3,827,000

4,816,000

3,097,000

3,580,000

4,469,000

5,796,000

6,228,000

4,043,000

3,373,000

3,904,000

1,302,000

3,972,000

3,303,000

2,413,000

1,346,000

3,309,000

2,101,000

1,650,000

1,192,000

2,620,000

2,510,000

3,281,000

Cash And Cash Equivalents

1,078,000
0
1,078,000
0
2,510,000
2,620,000
2,474,000
1,650,000
2,101,000
3,309,000
2,717,000
2,413,000
3,303,000
3,972,000
3,836,000
3,904,000
3,373,000
4,043,000
6,228,000
5,796,000
4,469,000
3,580,000
3,097,000
5,429,000
4,397,000
4,088,000
3,333,000
3,366,000
3,007,000
3,093,000
3,251,000
2,874,000
3,272,000
3,932,000
2,950,000
3,041,000
3,377,000
3,465,000
3,051,000
2,899,000
2,859,000
3,155,000
3,028,000
3,147,000
3,041,000
3,570,000
2,859,000
2,795,000
3,050,000
3,329,000
2,486,000
2,177,000
2,563,000
2,504,000
2,620,000
2,201,000
2,582,000
2,478,000
3,097,000
3,347,000
4,361,000
5,392,000
3,827,000
8,829,000
7,703,000
7,668,000
6,845,000
5,787,000
7,216,000
7,804,000
7,248,000
6,742,000
7,561,000
7,993,000
7,097,000
8,548,000
7,478,000
7,101,000
7,564,000

7,564,000

7,101,000

7,478,000

8,548,000

7,097,000

7,993,000

7,561,000

6,742,000

7,248,000

7,804,000

7,216,000

5,787,000

6,845,000

7,668,000

7,703,000

8,829,000

3,827,000

5,392,000

4,361,000

3,347,000

3,097,000

2,478,000

2,582,000

2,201,000

2,620,000

2,504,000

2,563,000

2,177,000

2,486,000

3,329,000

3,050,000

2,795,000

2,859,000

3,570,000

3,041,000

3,147,000

3,028,000

3,155,000

2,859,000

2,899,000

3,051,000

3,465,000

3,377,000

3,041,000

2,950,000

3,932,000

3,272,000

2,874,000

3,251,000

3,093,000

3,007,000

3,366,000

3,333,000

4,088,000

4,397,000

5,429,000

3,097,000

3,580,000

4,469,000

5,796,000

6,228,000

4,043,000

3,373,000

3,904,000

3,836,000

3,972,000

3,303,000

2,413,000

2,717,000

3,309,000

2,101,000

1,650,000

2,474,000

2,620,000

2,510,000

1,078,000

Short-term Investments

1,941,000
0
2,467,000
0
0
0
2,019,000
0
0
0
2,058,000
0
0
0
1,053,000
0
0
0
99,000
1,811,000
1,730,000
1,822,000
3,069,000
5,349,000
5,437,000
5,375,000
42,497,000
42,820,000
43,363,000
43,750,000
1,793,000
43,919,000
43,564,000
43,289,000
31,472,000
31,049,000
30,018,000
30,084,000
30,310,000
30,478,000
30,486,000
30,256,000
30,027,000
30,150,000
29,427,000
29,286,000
28,673,000
29,480,000
30,158,000
30,799,000
30,719,000
30,582,000
30,647,000
30,826,000
30,927,000
30,319,000
30,459,000
30,840,000
31,058,000
28,764,000
30,642,000
30,967,000
33,129,000
31,846,000
34,442,000
35,959,000
36,283,000
35,832,000
36,146,000
30,114,000
32,050,000
32,330,000
34,289,000
36,386,000
40,811,000
162,000
47,587,000
1,569,000
51,562,000

51,562,000

1,569,000

47,587,000

162,000

40,811,000

36,386,000

34,289,000

32,330,000

32,050,000

30,114,000

36,146,000

35,832,000

36,283,000

35,959,000

34,442,000

31,846,000

33,129,000

30,967,000

30,642,000

28,764,000

31,058,000

30,840,000

30,459,000

30,319,000

30,927,000

30,826,000

30,647,000

30,582,000

30,719,000

30,799,000

30,158,000

29,480,000

28,673,000

29,286,000

29,427,000

30,150,000

30,027,000

30,256,000

30,486,000

30,478,000

30,310,000

30,084,000

30,018,000

31,049,000

31,472,000

43,289,000

43,564,000

43,919,000

1,793,000

43,750,000

43,363,000

42,820,000

42,497,000

5,375,000

5,437,000

5,349,000

3,069,000

1,822,000

1,730,000

1,811,000

99,000

1,053,000

2,058,000

2,019,000

2,467,000

1,941,000

Net Receivables

0
0
2,203,000
0
0
2,837,000
2,172,000
2,382,000
2,441,000
2,504,000
2,960,000
3,022,000
3,207,000
3,079,000
3,441,000
3,441,000
3,614,000
3,921,000
3,887,000
3,579,000
4,067,000
4,247,000
4,435,000
4,848,000
4,998,000
4,969,000
5,097,000
5,589,000
5,283,000
5,364,000
5,618,000
5,516,000
5,537,000
5,584,000
4,315,000
4,383,000
4,651,000
4,503,000
4,610,000
4,714,000
4,909,000
4,895,000
5,027,000
5,140,000
5,267,000
5,289,000
5,274,000
5,295,000
5,190,000
5,336,000
5,310,000
5,372,000
5,519,000
5,751,000
5,785,000
5,880,000
5,930,000
6,047,000
6,185,000
7,462,000
7,435,000
7,348,000
7,210,000
7,188,000
7,295,000
7,392,000
7,835,000
8,055,000
8,078,000
15,938,000
16,222,000
16,215,000
16,385,000
16,046,000
15,799,000
15,401,000
15,091,000
14,829,000
15,106,000

15,106,000

14,829,000

15,091,000

15,401,000

15,799,000

16,046,000

16,385,000

16,215,000

16,222,000

15,938,000

8,078,000

8,055,000

7,835,000

7,392,000

7,295,000

7,188,000

7,210,000

7,348,000

7,435,000

7,462,000

6,185,000

6,047,000

5,930,000

5,880,000

5,785,000

5,751,000

5,519,000

5,372,000

5,310,000

5,336,000

5,190,000

5,295,000

5,274,000

5,289,000

5,267,000

5,140,000

5,027,000

4,895,000

4,909,000

4,714,000

4,610,000

4,503,000

4,651,000

4,383,000

4,315,000

5,584,000

5,537,000

5,516,000

5,618,000

5,364,000

5,283,000

5,589,000

5,097,000

4,969,000

4,998,000

4,848,000

4,435,000

4,247,000

4,067,000

3,579,000

3,887,000

3,921,000

3,614,000

3,441,000

3,079,000

3,207,000

3,022,000

2,960,000

2,504,000

2,441,000

2,382,000

2,172,000

2,837,000

2,203,000

> Long-term Assets

0
0
0
0
0
0
9,008,000
0
0
0
9,553,000
0
0
0
0
0
0
0
85,561,000
0
4,361,000
4,323,000
106,242,000
81,796,000
80,757,000
87,379,000
128,331,000
93,915,000
94,638,000
89,097,000
130,313,000
95,341,000
91,124,000
93,996,000
131,452,000
128,186,000
127,735,000
129,818,000
111,588,000
110,432,000
113,874,000
135,056,000
144,969,000
139,889,000
136,930,000
132,828,000
142,393,000
132,364,000
134,568,000
138,135,000
136,490,000
135,736,000
138,000,000
140,416,000
144,323,000
104,619,000
102,851,000
142,132,000
130,560,000
140,462,000
143,672,000
107,911,000
117,964,000
31,854,000
108,040,000
35,959,000
10,316,000
35,834,000
36,148,000
30,116,000
32,053,000
32,333,000
34,292,000
36,417,000
40,849,000
44,921,000
47,631,000
52,592,000
151,094,000

151,094,000

52,592,000

47,631,000

44,921,000

40,849,000

36,417,000

34,292,000

32,333,000

32,053,000

30,116,000

36,148,000

35,834,000

10,316,000

35,959,000

108,040,000

31,854,000

117,964,000

107,911,000

143,672,000

140,462,000

130,560,000

142,132,000

102,851,000

104,619,000

144,323,000

140,416,000

138,000,000

135,736,000

136,490,000

138,135,000

134,568,000

132,364,000

142,393,000

132,828,000

136,930,000

139,889,000

144,969,000

135,056,000

113,874,000

110,432,000

111,588,000

129,818,000

127,735,000

128,186,000

131,452,000

93,996,000

91,124,000

95,341,000

130,313,000

89,097,000

94,638,000

93,915,000

128,331,000

87,379,000

80,757,000

81,796,000

106,242,000

4,323,000

4,361,000

85,561,000

9,553,000

9,008,000

Property Plant Equipment

699,000
0
677,000
0
0
0
658,000
0
0
0
705,000
0
0
0
849,000
0
0
0
824,000
0
0
0
728,000
0
0
0
693,000
0
0
0
774,000
0
0
0
753,000
0
0
0
705,000
0
0
0
667,000
0
0
0
724,000
0
0
0
607,000
0
0
0
626,000
0
0
0
635,000
271,000
281,000
274,000
877,000
0
0
274,000
861,000
0
0
0
919,000
0
0
0
926,000
0
0
0
958,000

958,000

926,000

919,000

861,000

274,000

877,000

274,000

281,000

271,000

635,000

626,000

607,000

724,000

667,000

705,000

753,000

774,000

693,000

728,000

824,000

849,000

705,000

658,000

677,000

699,000

Goodwill

574,000
0
633,000
0
0
0
577,000
0
0
0
638,000
0
0
0
643,000
0
0
0
1,091,000
0
0
0
1,135,000
0
0
0
1,209,000
0
0
0
1,164,000
0
0
0
1,174,000
0
0
0
1,164,000
0
0
0
1,154,000
0
0
0
1,137,000
0
0
0
1,104,000
0
0
0
1,175,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,389,000
0
0
0
1,410,000

1,410,000

1,389,000

1,175,000

1,104,000

1,137,000

1,154,000

1,164,000

1,174,000

1,164,000

1,209,000

1,135,000

1,091,000

643,000

638,000

577,000

633,000

574,000

Long Term Investments

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
34,793,000
36,847,000
36,974,000
0
0
0
0
0
0
165,000
0
0
0
0
0
0
0
0
0
0
0
0
40,430,000
0
0
0
39,714,000
0
0
0
36,488,000
0
0
0
38,056,000
37,431,000
36,594,000
36,920,000
37,531,000
35,203,000
37,007,000
37,375,000
39,521,000
38,024,000
40,703,000
42,640,000
42,949,000
43,079,000
36,148,000
35,688,000
37,994,000
38,217,000
40,090,000
42,450,000
46,878,000
50,902,000
53,567,000
48,238,000
51,607,000

51,607,000

48,238,000

53,567,000

50,902,000

46,878,000

42,450,000

40,090,000

38,217,000

37,994,000

35,688,000

36,148,000

43,079,000

42,949,000

42,640,000

40,703,000

38,024,000

39,521,000

37,375,000

37,007,000

35,203,000

37,531,000

36,920,000

36,594,000

37,431,000

38,056,000

36,488,000

39,714,000

40,430,000

165,000

36,974,000

36,847,000

34,793,000

Intangible Assets

725,000
0
786,000
0
0
0
710,000
0
0
0
775,000
0
0
0
863,000
0
0
0
1,372,000
0
0
0
1,404,000
0
0
0
1,542,000
0
0
0
1,446,000
0
0
0
1,415,000
0
0
0
1,363,000
0
0
0
1,313,000
0
0
0
1,270,000
0
0
0
1,212,000
0
0
0
1,313,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,648,000
0
0
0
2,713,000

2,713,000

1,648,000

1,313,000

1,212,000

1,270,000

1,313,000

1,363,000

1,415,000

1,446,000

1,542,000

1,404,000

1,372,000

863,000

775,000

710,000

786,000

725,000

Long-term Assets Other

0
0
0
0
0
0
9,008,000
0
0
0
9,553,000
0
0
0
0
0
0
0
85,561,000
0
57,861,000
64,629,000
106,242,000
76,447,000
75,320,000
82,004,000
85,834,000
51,095,000
51,275,000
45,347,000
95,808,000
51,422,000
47,560,000
50,707,000
99,980,000
97,137,000
97,717,000
99,734,000
81,278,000
79,954,000
83,388,000
104,800,000
114,942,000
109,739,000
107,503,000
103,542,000
113,720,000
102,884,000
104,410,000
107,336,000
105,771,000
105,154,000
107,353,000
109,590,000
113,396,000
74,300,000
72,373,000
111,292,000
99,502,000
111,698,000
113,020,000
76,934,000
84,835,000
-31,854,000
73,598,000
-35,959,000
-25,976,000
-35,834,000
-36,148,000
-30,116,000
-32,053,000
-32,333,000
-34,292,000
-36,417,000
-6,960,000
-44,921,000
-47,631,000
-52,592,000
84,681,000

84,681,000

-52,592,000

-47,631,000

-44,921,000

-6,960,000

-36,417,000

-34,292,000

-32,333,000

-32,053,000

-30,116,000

-36,148,000

-35,834,000

-25,976,000

-35,959,000

73,598,000

-31,854,000

84,835,000

76,934,000

113,020,000

111,698,000

99,502,000

111,292,000

72,373,000

74,300,000

113,396,000

109,590,000

107,353,000

105,154,000

105,771,000

107,336,000

104,410,000

102,884,000

113,720,000

103,542,000

107,503,000

109,739,000

114,942,000

104,800,000

83,388,000

79,954,000

81,278,000

99,734,000

97,717,000

97,137,000

99,980,000

50,707,000

47,560,000

51,422,000

95,808,000

45,347,000

51,275,000

51,095,000

85,834,000

82,004,000

75,320,000

76,447,000

106,242,000

64,629,000

57,861,000

85,561,000

9,553,000

9,008,000

> Total Liabilities

77,918,000
0
86,411,000
87,054,000
88,959,000
84,537,000
85,434,000
88,480,000
88,814,000
91,751,000
96,247,000
97,429,000
100,532,000
102,096,000
101,420,000
97,321,000
96,953,000
92,433,000
89,498,000
87,944,000
94,840,000
101,807,000
103,898,000
111,677,000
109,991,000
117,540,000
119,907,000
122,643,000
123,910,000
119,393,000
123,025,000
127,008,000
125,657,000
128,743,000
125,017,000
127,679,000
128,276,000
131,039,000
135,344,000
136,519,000
139,483,000
137,853,000
139,505,000
142,189,000
139,810,000
136,499,000
136,854,000
133,157,000
135,595,000
136,827,000
133,529,000
134,630,000
136,894,000
139,181,000
141,472,000
138,922,000
137,636,000
139,573,000
131,628,000
138,560,000
142,648,000
143,516,000
146,099,000
138,989,000
148,402,000
152,620,000
160,016,000
160,235,000
166,017,000
165,019,000
170,294,000
162,515,000
154,193,000
150,097,000
154,855,000
162,496,000
165,701,000
161,311,000
170,462,000

170,462,000

161,311,000

165,701,000

162,496,000

154,855,000

150,097,000

154,193,000

162,515,000

170,294,000

165,019,000

166,017,000

160,235,000

160,016,000

152,620,000

148,402,000

138,989,000

146,099,000

143,516,000

142,648,000

138,560,000

131,628,000

139,573,000

137,636,000

138,922,000

141,472,000

139,181,000

136,894,000

134,630,000

133,529,000

136,827,000

135,595,000

133,157,000

136,854,000

136,499,000

139,810,000

142,189,000

139,505,000

137,853,000

139,483,000

136,519,000

135,344,000

131,039,000

128,276,000

127,679,000

125,017,000

128,743,000

125,657,000

127,008,000

123,025,000

119,393,000

123,910,000

122,643,000

119,907,000

117,540,000

109,991,000

111,677,000

103,898,000

101,807,000

94,840,000

87,944,000

89,498,000

92,433,000

96,953,000

97,321,000

101,420,000

102,096,000

100,532,000

97,429,000

96,247,000

91,751,000

88,814,000

88,480,000

85,434,000

84,537,000

88,959,000

87,054,000

86,411,000

77,918,000

> Total Current Liabilities

0
0
0
0
88,581,000
84,177,000
83,601,000
86,559,000
86,395,000
89,497,000
94,312,000
95,204,000
98,686,000
100,197,000
99,402,000
95,303,000
94,935,000
90,353,000
87,372,000
86,275,000
92,669,000
100,076,000
102,252,000
104,155,000
102,618,000
109,886,000
112,637,000
114,968,000
116,168,000
111,711,000
115,748,000
120,030,000
118,649,000
121,773,000
118,253,000
120,799,000
121,269,000
123,694,000
127,928,000
128,754,000
131,537,000
129,480,000
130,757,000
133,408,000
130,523,000
126,746,000
127,879,000
127,801,000
130,394,000
131,183,000
128,293,000
129,378,000
131,678,000
134,012,000
136,388,000
133,867,000
133,345,000
135,333,000
127,018,000
133,490,000
137,901,000
138,806,000
141,431,000
135,323,000
144,129,000
1,970,000
1,136,000
200,000
200,000
200,000
200,000
30,396,000
200,000
201,000
201,000
36,172,000
201,000
201,000
37,522,000

37,522,000

201,000

36,172,000

201,000

200,000

30,396,000

200,000

1,136,000

1,970,000

144,129,000

135,323,000

141,431,000

138,806,000

137,901,000

133,490,000

127,018,000

135,333,000

133,345,000

133,867,000

136,388,000

134,012,000

131,678,000

129,378,000

128,293,000

131,183,000

130,394,000

127,801,000

127,879,000

126,746,000

130,523,000

133,408,000

130,757,000

129,480,000

131,537,000

128,754,000

127,928,000

123,694,000

121,269,000

120,799,000

118,253,000

121,773,000

118,649,000

120,030,000

115,748,000

111,711,000

116,168,000

114,968,000

112,637,000

109,886,000

102,618,000

104,155,000

102,252,000

100,076,000

92,669,000

86,275,000

87,372,000

90,353,000

94,935,000

95,303,000

99,402,000

100,197,000

98,686,000

95,204,000

94,312,000

89,497,000

86,395,000

86,559,000

83,601,000

84,177,000

88,581,000

Short-term Debt

0
0
0
0
0
1,351,000
50,000
50,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
484,000
869,000
397,000
497,000
505,000
504,000
504,000
504,000
498,000
500,000
501,000
500,000
501,000
500,000
500,000
300,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
201,000
200,000
201,000
201,000
201,000
201,000
201,000
201,000
201,000
201,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
201,000
201,000
201,000
201,000
201,000
201,000

201,000

200,000

201,000

200,000

201,000

200,000

300,000

500,000

501,000

500,000

501,000

500,000

498,000

504,000

505,000

497,000

397,000

869,000

484,000

50,000

1,351,000

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
1,494,000
0
0
0
969,000
200,000
200,000
200,000
989,000
200,000
5,867,000
416,000
416,000
512,000
544,000
603,000
424,000
201,000
201,000
201,000
201,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
200,000
201,000
201,000
201,000
201,000
201,000
751,000

751,000

201,000

200,000

201,000

424,000

603,000

544,000

512,000

416,000

5,867,000

200,000

989,000

200,000

969,000

1,494,000

Accounts payable

2,349,000
0
2,587,000
0
2,810,000
2,516,000
2,728,000
2,780,000
2,975,000
1,952,000
1,984,000
1,672,000
1,850,000
1,688,000
7,388,000
7,141,000
7,272,000
8,485,000
9,116,000
9,178,000
10,041,000
9,793,000
9,472,000
9,397,000
9,492,000
9,598,000
9,938,000
9,818,000
10,502,000
10,654,000
10,915,000
10,868,000
11,081,000
11,218,000
7,850,000
7,547,000
7,884,000
8,161,000
8,491,000
8,439,000
8,606,000
8,974,000
9,187,000
9,199,000
9,214,000
9,543,000
10,240,000
10,130,000
10,469,000
10,940,000
11,763,000
11,786,000
11,800,000
12,155,000
1,960,000
1,609,000
1,749,000
1,867,000
1,862,000
1,596,000
1,686,000
1,783,000
1,884,000
1,427,000
1,650,000
1,770,000
936,000
1,832,000
2,034,000
2,146,000
2,206,000
2,058,000
2,206,000
2,058,000
2,242,000
2,027,000
-35,377,000
2,307,000
0

2,307,000

-35,377,000

2,027,000

2,242,000

2,058,000

2,206,000

2,058,000

2,206,000

2,146,000

2,034,000

1,832,000

936,000

1,770,000

1,650,000

1,427,000

1,884,000

1,783,000

1,686,000

1,596,000

1,862,000

1,867,000

1,749,000

1,609,000

1,960,000

12,155,000

11,800,000

11,786,000

11,763,000

10,940,000

10,469,000

10,130,000

10,240,000

9,543,000

9,214,000

9,199,000

9,187,000

8,974,000

8,606,000

8,439,000

8,491,000

8,161,000

7,884,000

7,547,000

7,850,000

11,218,000

11,081,000

10,868,000

10,915,000

10,654,000

10,502,000

9,818,000

9,938,000

9,598,000

9,492,000

9,397,000

9,472,000

9,793,000

10,041,000

9,178,000

9,116,000

8,485,000

7,272,000

7,141,000

7,388,000

1,688,000

1,850,000

1,672,000

1,984,000

1,952,000

2,975,000

2,780,000

2,728,000

2,516,000

2,810,000

2,587,000

2,349,000

Other Current Liabilities

10,000
0
20,000
0
88,581,000
82,826,000
83,551,000
86,559,000
86,395,000
89,497,000
94,312,000
95,204,000
98,686,000
100,197,000
99,402,000
95,303,000
94,935,000
90,353,000
87,372,000
86,275,000
92,669,000
100,076,000
102,252,000
104,155,000
102,134,000
109,017,000
112,240,000
114,471,000
115,663,000
111,207,000
115,244,000
119,526,000
118,151,000
121,273,000
117,752,000
120,299,000
120,768,000
123,194,000
127,428,000
128,454,000
131,337,000
129,280,000
130,557,000
133,208,000
130,323,000
126,546,000
127,679,000
127,601,000
130,194,000
130,983,000
128,093,000
129,178,000
131,478,000
133,811,000
136,188,000
133,666,000
133,144,000
135,132,000
126,817,000
133,289,000
137,700,000
138,605,000
141,230,000
135,123,000
143,929,000
16,818,000
17,641,000
-99,000
6,538,000
18,693,000
-200,000
1,000
-26,550,000
-201,000
-201,000
33,944,000
-201,000
-201,000
0

-201,000

33,944,000

-201,000

-26,550,000

1,000

-200,000

18,693,000

6,538,000

-99,000

17,641,000

16,818,000

143,929,000

135,123,000

141,230,000

138,605,000

137,700,000

133,289,000

126,817,000

135,132,000

133,144,000

133,666,000

136,188,000

133,811,000

131,478,000

129,178,000

128,093,000

130,983,000

130,194,000

127,601,000

127,679,000

126,546,000

130,323,000

133,208,000

130,557,000

129,280,000

131,337,000

128,454,000

127,428,000

123,194,000

120,768,000

120,299,000

117,752,000

121,273,000

118,151,000

119,526,000

115,244,000

111,207,000

115,663,000

114,471,000

112,240,000

109,017,000

102,134,000

104,155,000

102,252,000

100,076,000

92,669,000

86,275,000

87,372,000

90,353,000

94,935,000

95,303,000

99,402,000

100,197,000

98,686,000

95,204,000

94,312,000

89,497,000

86,395,000

86,559,000

83,551,000

82,826,000

88,581,000

20,000

10,000

> Long-term Liabilities

0
0
385,000
385,000
378,000
360,000
1,833,000
1,921,000
2,419,000
2,254,000
2,244,000
2,225,000
2,221,000
2,215,000
2,018,000
2,018,000
2,018,000
2,080,000
2,027,000
1,922,000
2,435,000
2,076,000
2,249,000
8,114,000
7,980,000
8,191,000
7,852,000
8,010,000
8,034,000
7,933,000
7,571,000
7,612,000
7,616,000
7,634,000
7,384,000
7,537,000
7,649,000
8,189,000
8,456,000
8,866,000
9,195,000
9,453,000
9,929,000
9,845,000
10,408,000
10,945,000
10,223,000
5,356,000
5,201,000
5,644,000
5,236,000
5,252,000
5,216,000
5,169,000
5,097,000
5,055,000
4,291,000
4,240,000
4,610,000
5,070,000
4,747,000
4,710,000
4,668,000
3,666,000
4,273,000
2,833,000
2,831,000
2,831,000
23,187,000
23,687,000
200,000
119,701,000
29,246,000
201,000
201,000
126,324,000
5,821,000
3,605,200
132,940,000

132,940,000

3,605,200

5,821,000

126,324,000

201,000

29,246,000

119,701,000

200,000

23,687,000

23,187,000

2,831,000

2,833,000

4,273,000

3,666,000

4,668,000

4,710,000

4,747,000

5,070,000

4,610,000

4,240,000

4,291,000

5,055,000

5,097,000

5,169,000

5,216,000

5,252,000

5,236,000

5,644,000

5,201,000

5,356,000

10,223,000

10,945,000

10,408,000

9,845,000

9,929,000

9,453,000

9,195,000

8,866,000

8,456,000

8,189,000

7,649,000

7,537,000

7,384,000

7,634,000

7,616,000

7,612,000

7,571,000

7,933,000

8,034,000

8,010,000

7,852,000

8,191,000

7,980,000

8,114,000

2,249,000

2,076,000

2,435,000

1,922,000

2,027,000

2,080,000

2,018,000

2,215,000

2,221,000

2,225,000

2,244,000

2,254,000

2,419,000

1,921,000

1,833,000

360,000

378,000

385,000

Long term Debt Total

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,435,000
2,076,000
2,249,000
0
2,684,000
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
5,099,000
5,055,000
4,291,000
4,240,000
4,610,000
5,125,000
4,811,000
4,771,000
4,725,000
3,720,000
4,324,000
4,734,000
4,744,000
5,505,000
5,391,000
2,831,000
4,996,000
4,486,000
4,902,000
5,223,000
5,184,000
5,927,000
5,821,000
5,779,000
0

5,779,000

5,821,000

5,927,000

5,184,000

5,223,000

4,902,000

4,486,000

4,996,000

2,831,000

5,391,000

5,505,000

4,744,000

4,734,000

4,324,000

3,720,000

4,725,000

4,771,000

4,811,000

5,125,000

4,610,000

4,240,000

4,291,000

5,055,000

5,099,000

2,684,000

2,249,000

2,076,000

2,435,000

Long-term Liabilities Other

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
92,405,000
99,731,000
101,649,000
0
0
0
0
0
0
94,881,000
0
36,266,000
37,051,000
37,374,000
109,081,000
111,759,000
111,609,000
107,731,000
110,843,000
111,497,000
113,634,000
82,420,000
113,606,000
114,725,000
113,049,000
108,682,000
110,048,000
110,697,000
111,472,000
112,980,000
110,412,000
111,931,000
113,539,000
115,250,000
123,910,000
121,817,000
120,967,000
122,507,000
113,410,000
118,947,000
121,536,000
122,220,000
124,859,000
116,632,000
126,158,000
129,098,000
135,433,000
135,079,000
140,596,000
138,986,000
142,544,000
133,931,000
122,741,000
114,679,000
116,654,000
120,598,000
122,107,000
0
0

122,107,000

120,598,000

116,654,000

114,679,000

122,741,000

133,931,000

142,544,000

138,986,000

140,596,000

135,079,000

135,433,000

129,098,000

126,158,000

116,632,000

124,859,000

122,220,000

121,536,000

118,947,000

113,410,000

122,507,000

120,967,000

121,817,000

123,910,000

115,250,000

113,539,000

111,931,000

110,412,000

112,980,000

111,472,000

110,697,000

110,048,000

108,682,000

113,049,000

114,725,000

113,606,000

82,420,000

113,634,000

111,497,000

110,843,000

107,731,000

111,609,000

111,759,000

109,081,000

37,374,000

37,051,000

36,266,000

94,881,000

101,649,000

99,731,000

92,405,000

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
2,970,000
0
0
0
3,065,000
0
0
0
2,950,000
0
0
0
2,952,000
3,100,000
3,144,000
3,205,000
3,027,000
3,108,000
3,047,000
2,950,000
3,032,000
2,673,000
2,803,000
2,740,000
2,532,000
2,990,000
2,650,000
2,735,000
2,782,000
2,928,000
2,969,000
2,998,000
3,472,000
3,043,000
3,019,000
2,851,000
0

2,851,000

3,019,000

3,043,000

3,472,000

2,998,000

2,969,000

2,928,000

2,782,000

2,735,000

2,650,000

2,990,000

2,532,000

2,740,000

2,803,000

2,673,000

3,032,000

2,950,000

3,047,000

3,108,000

3,027,000

3,205,000

3,144,000

3,100,000

2,952,000

2,950,000

3,065,000

2,970,000

> Total Stockholder Equity

7,288,000
0
6,702,000
6,482,000
6,993,000
7,737,000
7,687,000
7,341,000
7,235,000
7,753,000
7,925,000
7,731,000
7,600,000
7,758,000
7,810,000
7,581,000
7,314,000
6,717,000
6,178,000
6,384,000
8,110,000
9,049,000
9,273,000
10,108,000
10,498,000
10,950,000
10,725,000
10,551,000
10,548,000
10,271,000
10,255,000
9,115,000
9,005,000
9,157,000
9,092,000
8,960,000
8,340,000
8,325,000
8,192,000
8,344,000
8,428,000
8,260,000
8,124,000
8,195,000
7,875,000
7,629,000
7,217,000
7,093,000
7,089,000
6,796,000
6,292,000
6,227,000
6,250,000
6,305,000
5,998,000
5,840,000
5,632,000
5,618,000
5,588,000
5,843,000
6,030,000
5,997,000
5,729,000
6,693,000
6,500,000
6,067,000
5,867,000
5,502,000
5,686,000
5,707,000
5,685,000
5,010,000
4,304,000
3,257,000
3,613,000
4,144,000
4,080,000
3,825,000
4,729,000

4,729,000

3,825,000

4,080,000

4,144,000

3,613,000

3,257,000

4,304,000

5,010,000

5,685,000

5,707,000

5,686,000

5,502,000

5,867,000

6,067,000

6,500,000

6,693,000

5,729,000

5,997,000

6,030,000

5,843,000

5,588,000

5,618,000

5,632,000

5,840,000

5,998,000

6,305,000

6,250,000

6,227,000

6,292,000

6,796,000

7,089,000

7,093,000

7,217,000

7,629,000

7,875,000

8,195,000

8,124,000

8,260,000

8,428,000

8,344,000

8,192,000

8,325,000

8,340,000

8,960,000

9,092,000

9,157,000

9,005,000

9,115,000

10,255,000

10,271,000

10,548,000

10,551,000

10,725,000

10,950,000

10,498,000

10,108,000

9,273,000

9,049,000

8,110,000

6,384,000

6,178,000

6,717,000

7,314,000

7,581,000

7,810,000

7,758,000

7,600,000

7,731,000

7,925,000

7,753,000

7,235,000

7,341,000

7,687,000

7,737,000

6,993,000

6,482,000

6,702,000

7,288,000

Common Stock

0
0
0
0
0
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
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
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
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
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
3,000
3,000

3,000

2,000

Retained Earnings

4,421,000
0
3,415,000
3,598,000
3,753,000
3,661,000
3,745,000
3,862,000
3,976,000
4,123,000
4,268,000
4,268,000
4,428,000
4,591,000
4,811,000
4,938,000
5,111,000
5,004,000
4,592,000
4,817,000
4,875,000
5,091,000
5,282,000
5,959,000
6,278,000
6,545,000
6,748,000
6,915,000
7,123,000
7,222,000
7,411,000
6,285,000
6,384,000
6,477,000
6,717,000
6,978,000
7,130,000
7,442,000
7,626,000
7,938,000
8,163,000
8,460,000
8,703,000
9,031,000
9,300,000
9,493,000
9,688,000
9,799,000
10,007,000
10,098,000
10,351,000
10,633,000
10,897,000
11,271,000
11,329,000
11,796,000
12,126,000
12,498,000
12,909,000
13,172,000
13,530,000
13,944,000
14,279,000
16,180,000
15,510,000
15,241,000
15,292,000
15,600,000
16,057,000
16,955,000
17,525,000
18,153,000
18,767,000
19,174,000
19,531,000
20,197,000
20,941,000
21,670,000
21,905,000

21,905,000

21,670,000

20,941,000

20,197,000

19,531,000

19,174,000

18,767,000

18,153,000

17,525,000

16,955,000

16,057,000

15,600,000

15,292,000

15,241,000

15,510,000

16,180,000

14,279,000

13,944,000

13,530,000

13,172,000

12,909,000

12,498,000

12,126,000

11,796,000

11,329,000

11,271,000

10,897,000

10,633,000

10,351,000

10,098,000

10,007,000

9,799,000

9,688,000

9,493,000

9,300,000

9,031,000

8,703,000

8,460,000

8,163,000

7,938,000

7,626,000

7,442,000

7,130,000

6,978,000

6,717,000

6,477,000

6,384,000

6,285,000

7,411,000

7,222,000

7,123,000

6,915,000

6,748,000

6,545,000

6,278,000

5,959,000

5,282,000

5,091,000

4,875,000

4,817,000

4,592,000

5,004,000

5,111,000

4,938,000

4,811,000

4,591,000

4,428,000

4,268,000

4,123,000

3,976,000

3,862,000

3,745,000

3,661,000

3,753,000

3,598,000

3,415,000

4,421,000

Capital Surplus

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5,641,000
5,699,000
5,748,000
5,819,000
5,869,000
5,917,000
6,029,000
6,043,000
6,108,000
6,182,000
6,237,000
6,237,000
6,287,000
6,363,000
6,503,000
6,592,000
6,730,000
6,840,000
6,929,000
7,046,000
7,144,000
7,232,000
7,345,000
7,423,000
7,500,000
7,557,000
7,611,000
7,610,000
7,659,000
7,709,000
7,765,000
7,857,000
7,903,000
8,017,000
8,085,000
8,116,000
8,171,000
8,214,000
8,260,000
8,270,000
8,337,000
8,392,000
8,461,000
8,578,000
8,622,000
8,677,000
8,822,000
8,982,000
9,049,000
9,118,000
9,220,000
9,348,000
9,380,000
9,434,000
9,517,000
9,612,000
9,670,000
9,744,000
0

9,744,000

9,670,000

9,612,000

9,517,000

9,434,000

9,380,000

9,348,000

9,220,000

9,118,000

9,049,000

8,982,000

8,822,000

8,677,000

8,622,000

8,578,000

8,461,000

8,392,000

8,337,000

8,270,000

8,260,000

8,214,000

8,171,000

8,116,000

8,085,000

8,017,000

7,903,000

7,857,000

7,765,000

7,709,000

7,659,000

7,610,000

7,611,000

7,557,000

7,500,000

7,423,000

7,345,000

7,232,000

7,144,000

7,046,000

6,929,000

6,840,000

6,730,000

6,592,000

6,503,000

6,363,000

6,287,000

6,237,000

6,182,000

6,108,000

6,043,000

6,029,000

5,917,000

5,869,000

5,819,000

5,748,000

5,699,000

5,641,000

Treasury Stock

-23,683,000

-22,560,000

-22,051,000

-21,599,000

-21,066,000

-20,468,000

-19,883,000

-19,400,000

-18,879,000

-18,370,000

-18,029,000

-17,773,000

-17,276,000

-16,679,000

-16,109,000

-15,637,000

-15,293,000

-14,853,000

-14,489,000

-14,070,000

-13,648,000

-13,298,000

-12,852,000

-12,485,000

-12,027,000

-11,609,000

-11,218,000

-10,761,000

-10,338,000

-9,885,000

-9,428,000

-8,966,000

-8,589,000

-8,181,000

-7,802,000

-7,389,000

-6,961,000

-6,565,000

-6,148,000

-5,697,000

-5,325,000

-4,953,000

-4,611,000

-4,261,000

-4,034,000

-3,772,000

-3,319,000

-2,952,000

-2,620,000

-2,412,000

-2,259,000

-2,038,000

-2,023,000

-2,021,000

-2,012,000

-2,021,000

-1,927,000

-1,710,000

-1,467,000

-1,180,000

-1,009,000

-865,000

-490,000

-438,000

-332,000

-290,000

Other Stockholders Equity

0
0
2,907,000
2,884,000
3,240,000
4,094,000
4,091,000
3,918,000
3,922,000
3,853,000
3,863,000
3,603,000
3,524,000
3,413,000
3,163,000
2,927,000
2,722,000
2,683,000
2,676,000
2,698,000
3,620,000
3,678,000
3,725,000
3,781,000
3,610,000
3,505,000
3,409,000
3,091,000
2,789,000
2,410,000
2,203,000
1,976,000
1,676,000
1,410,000
1,178,000
895,000
582,000
275,000
-32,000
-343,000
-658,000
-949,000
-1,244,000
-1,543,000
-1,928,000
-2,328,000
-2,727,000
-3,151,000
-3,559,000
-3,900,000
-4,262,000
-4,628,000
-4,949,000
-5,281,000
-5,563,000
-5,954,000
-6,318,000
-6,639,000
-7,033,000
-7,367,000
-7,772,000
-8,287,000
-8,815,000
-9,195,000
-9,407,000
-9,693,000
-10,057,000
-11,552,000
-10,834,000
-11,350,000
-11,846,000
-12,251,000
-12,671,000
-13,126,000
-13,572,000
-14,071,000
-14,515,000
-15,008,000
-15,413,000

-15,413,000

-15,008,000

-14,515,000

-14,071,000

-13,572,000

-13,126,000

-12,671,000

-12,251,000

-11,846,000

-11,350,000

-10,834,000

-11,552,000

-10,057,000

-9,693,000

-9,407,000

-9,195,000

-8,815,000

-8,287,000

-7,772,000

-7,367,000

-7,033,000

-6,639,000

-6,318,000

-5,954,000

-5,563,000

-5,281,000

-4,949,000

-4,628,000

-4,262,000

-3,900,000

-3,559,000

-3,151,000

-2,727,000

-2,328,000

-1,928,000

-1,543,000

-1,244,000

-949,000

-658,000

-343,000

-32,000

275,000

582,000

895,000

1,178,000

1,410,000

1,676,000

1,976,000

2,203,000

2,410,000

2,789,000

3,091,000

3,409,000

3,505,000

3,610,000

3,781,000

3,725,000

3,678,000

3,620,000

2,698,000

2,676,000

2,683,000

2,722,000

2,927,000

3,163,000

3,413,000

3,524,000

3,603,000

3,863,000

3,853,000

3,922,000

3,918,000

4,091,000

4,094,000

3,240,000

2,884,000

2,907,000

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
Accounts Payable	0	2,242,000	2,527,000	1,998,000	1,884,000	1,862,000	1,960,000	1,727,000	1,652,000	9,187,000	1,429,000	1,324,000	1,065,000	1,159,000	918,000	887,000	1,187,000	1,984,000	2,728,000	2,563,000	2,339,000	-	-	-
Accumulated Amortization	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	-	-	-
Accumulated Other Comprehensive Income	-1,766,000	-2,349,000	3,000	629,000	262,000	-291,000	229,000	200,000	253,000	662,000	595,000	1,194,000	638,000	565,000	263,000	-1,093,000	-167,000	-209,000	-151,000	380,000	0	-	-	-
Additional Paid In Capital	0	0	0	0	0	0	8,085,000	7,765,000	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-
Capital Lease Obligations	20,000	30,000	40,000	44,000	57,000	25,000	38,000	49,000	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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-
Capital Surpluse	0	9,517,000	9,220,000	8,822,000	8,461,000	8,260,000	8,085,000	7,765,000	7,611,000	7,345,000	6,929,000	6,503,000	6,237,000	6,029,000	5,748,000	0	0	0	0	0	0	-	-	-
Cash	7,564,000	7,097,000	7,248,000	6,845,000	3,827,000	3,097,000	2,620,000	2,486,000	2,859,000	3,028,000	3,051,000	2,950,000	3,251,000	3,333,000	3,097,000	6,228,000	3,836,000	2,717,000	2,474,000	1,078,000	1,078,000	-	-	-
Cash And Equivalents	0	6,964,000	7,127,000	6,751,000	3,709,000	2,931,000	2,484,000	2,318,000	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-
Cash And Short Term Investments	7,564,000	7,097,000	7,248,000	43,128,000	36,956,000	34,155,000	33,547,000	33,205,000	31,532,000	33,055,000	33,361,000	34,422,000	46,815,000	3,333,000	3,097,000	6,228,000	3,836,000	2,717,000	2,474,000	1,078,000	0	-	-	-
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	3,000	3,000	3,000	3,000	3,000	2,000	0	0	-	-	-
Common Stock Shares Outstanding	107,800	105,279	110,861	125,700	136,000	147,700	156,700	168,200	184,200	195,000	207,100	222,800	246,300	262,150	244,400	226,400	239,900	248,500	247,200	246,584	245,763	246,200	246,200	246,200
Common Stock Total Equity	0	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	3,000	3,000	3,000	2,000	0	0	-	-	-
Current Deferred Revenue	0	-2,041,000	-2,327,000	-1,798,000	-1,683,000	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-	-	-
Deferred Long Term Liab	0	3,472,000	2,782,000	2,532,000	3,032,000	3,139,000	3,061,000	2,950,000	3,065,000	2,970,000	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	-	-	-
Good Will	1,410,000	1,389,000	1,458,000	1,176,000	1,167,000	1,158,000	1,175,000	1,104,000	1,137,000	1,154,000	1,164,000	1,174,000	1,164,000	1,209,000	1,135,000	1,091,000	643,000	638,000	577,000	633,000	574,000	-	-	-
Intangible Assets	2,713,000	1,648,000	1,720,000	1,353,000	1,349,000	116,000	138,000	108,000	1,270,000	1,313,000	1,363,000	1,415,000	1,446,000	1,542,000	1,404,000	1,372,000	863,000	871,000	815,000	786,000	725,000	-	-	-
Inventory	0	-267,000	-1,252,000	-1,755,000	-1,455,000	0	0	0	0	0	0	0	0	42,497,000	592,000	501,000	0	0	0	0	0	-	-	-
Liabilities And Stockholders Equity	175,191,000	158,468,000	175,979,000	165,883,000	151,828,000	137,216,000	147,470,000	139,821,000	145,259,000	148,810,000	144,576,000	134,729,000	133,986,000	131,192,000	113,774,000	95,676,000	109,230,000	104,172,000	93,121,000	93,113,000	85,530,000	74,448,000	71,718,000	73,341,000
Long Term Debt	4,984,000	5,154,000	4,996,000	4,744,000	4,725,000	4,610,000	5,099,000	5,187,000	10,223,000	9,558,000	8,151,000	7,367,000	7,571,000	7,852,000	2,249,000	2,027,000	2,018,000	2,225,000	1,783,000	895,000	955,000	-	-	-
Long Term Debt Total	0	5,184,000	4,996,000	4,744,000	4,725,000	4,610,000	5,099,000	5,236,000	10,223,000	0	0	0	0	0	2,249,000	0	0	0	0	0	0	-	-	-
Long Term Investments	51,607,000	46,878,000	37,994,000	42,949,000	39,521,000	37,531,000	38,056,000	30,771,000	39,714,000	40,430,000	0	0	0	0	36,974,000	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	-	-	-
Net Debt	-1,809,000	-1,712,000	-2,052,000	-1,901,000	1,099,000	1,714,000	2,679,000	2,950,000	7,587,000	7,101,000	5,905,000	4,935,000	4,824,000	4,916,000	-848,000	-4,201,000	-1,818,000	-492,000	-641,000	-693,000	463,000	120,000	120,000	-
Net Invested Capital	10,464,000	8,968,000	10,841,000	10,767,000	10,598,000	10,374,000	11,259,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-
Net Receivables	15,106,000	15,799,000	16,222,000	7,835,000	7,210,000	6,185,000	5,785,000	5,310,000	5,274,000	5,027,000	4,610,000	4,315,000	5,618,000	5,097,000	4,435,000	3,887,000	3,441,000	2,960,000	2,172,000	2,203,000	0	-	-	-
Net Tangible Assets	0	3,613,000	5,685,000	5,867,000	5,729,000	5,588,000	5,998,000	6,292,000	7,217,000	8,124,000	8,192,000	9,092,000	10,255,000	10,725,000	9,273,000	0	0	0	0	0	0	-	-	-
Net Working Capital	0	63,506,000	23,270,000	50,763,000	43,965,000	-124,133,000	-133,279,000	-124,962,000	-124,930,000	-128,143,000	-125,568,000	-115,715,000	-114,367,000	-109,754,000	-99,155,000	-81,243,000	-98,100,000	-92,676,000	-82,409,000	0	0	-	-	-
Non Current Assets Total	151,094,000	40,849,000	32,053,000	36,292,000	33,129,000	130,560,000	144,323,000	136,490,000	142,393,000	144,969,000	111,588,000	131,452,000	130,313,000	128,331,000	4,334,000	0	0	0	0	0	0	-	-	-
Non Current Liabilities Other	0	116,654,000	142,544,000	135,433,000	124,859,000	113,410,000	123,910,000	110,412,000	110,048,000	113,606,000	110,843,000	109,081,000	0	0	101,649,000	0	0	0	0	0	0	-	-	-
Non Current Liabilities Total	170,261,000	201,000	25,223,000	22,385,000	19,155,000	4,585,000	5,059,000	5,236,000	10,223,000	9,929,000	8,456,000	7,384,000	7,571,000	7,852,000	2,249,000	2,027,000	2,018,000	2,225,000	1,833,000	385,000	463,000	120,000	120,000	-
Non Currrent Assets Other	-66,413,000	-6,960,000	-6,216,000	-5,126,000	-4,538,000	99,502,000	113,396,000	105,771,000	113,720,000	114,942,000	81,278,000	99,980,000	86,749,000	85,834,000	67,736,000	0	0	0	0	0	0	-	-	-
Noncontrolling Interest In Consolidated Entity	0	0	0	0	0	0	0	0	1,188,000	1,181,000	1,040,000	620,000	706,000	560,000	603,000	0	0	0	0	0	0	-	-	-
Other Assets	175,191,000	53,912,000	120,456,000	78,628,000	74,533,000	3,746,000	95,381,000	88,153,000	-83,000	1,227,000	30,628,000	739,000	1,880,000	3,565,000	110,677,000	89,448,000	107,928,000	102,826,000	91,929,000	93,113,000	85,530,000	74,448,000	71,718,000	73,341,000
Other Current Assets	-22,670,000	-22,896,000	-23,470,000	-14,680,000	-11,037,000	-37,430,000	-36,185,000	-35,184,000	-33,857,000	-35,468,000	-35,611,000	-36,199,000	-50,640,000	-48,066,000	-4,435,000	-3,887,000	-5,975,000	-4,331,000	-3,454,000	0	0	-	-	-
Other Current Liab	-201,000	-201,000	-200,000	-200,000	-201,000	126,842,000	136,226,000	128,093,000	127,679,000	130,557,000	127,428,000	117,752,000	115,656,000	112,218,000	102,252,000	87,471,000	99,402,000	94,022,000	83,551,000	20,000	10,000	-	-	-
Other Liab	0	145,253,000	164,735,000	153,074,000	133,796,000	121,338,000	130,306,000	122,093,000	120,582,000	120,189,000	7,054,000	5,668,000	5,532,000	3,182,000	3,162,000	4,316,000	2,594,000	1,632,000	932,000	1,217,000	1,569,000	-	-	-
Other Stockholder Equity	-15,413,000	-13,572,000	-11,846,000	-10,057,000	-8,815,000	-7,033,000	-5,563,000	-4,262,000	-2,727,000	-1,244,000	-32,000	1,178,000	2,203,000	3,409,000	3,725,000	2,676,000	3,163,000	3,863,000	4,091,000	2,907,000	7,288,000	6,450,000	5,620,000	4,633,000
Preferred Stock Redeemable	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	-	-	-
Property Plant And Equipment Gross	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-
Property Plant And Equipment Net	958,000	926,000	919,000	861,000	877,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-
Property Plant Equipment	0	926,000	919,000	861,000	877,000	635,000	626,000	607,000	724,000	667,000	705,000	753,000	774,000	693,000	728,000	824,000	849,000	705,000	658,000	667,000	699,000	-	-	-
Retained Earnings	21,905,000	19,531,000	17,525,000	15,292,000	14,279,000	12,909,000	11,329,000	10,351,000	9,688,000	8,703,000	7,626,000	6,717,000	7,473,000	6,773,000	5,282,000	4,592,000	4,811,000	4,268,000	3,745,000	3,415,000	3,946,000	-	-	-
Retained Earnings Total Equity	0	19,531,000	17,525,000	15,292,000	14,279,000	12,909,000	11,329,000	10,351,000	9,551,000	8,469,000	7,289,000	6,381,000	6,983,000	6,190,000	5,282,000	0	0	0	0	0	0	-	-	-
Short Long Term Debt	751,000	201,000	200,000	200,000	201,000	201,000	200,000	200,000	969,000	1,494,000	0	0	0	0	0	0	0	0	0	0	0	-	-	-
Short Long Term Debt Total	5,755,000	5,385,000	5,196,000	4,944,000	4,926,000	4,811,000	5,299,000	5,436,000	10,446,000	10,129,000	8,956,000	7,885,000	8,075,000	8,249,000	2,249,000	2,027,000	2,018,000	2,225,000	1,833,000	385,000	463,000	120,000	120,000	-
Short Term Debt	201,000	201,000	200,000	200,000	201,000	201,000	200,000	200,000	200,000	200,000	500,000	501,000	504,000	397,000	0	0	0	0	50,000	0	0	-	-	-
Short Term Investments	51,562,000	40,811,000	32,050,000	36,283,000	33,129,000	31,058,000	30,927,000	30,719,000	28,673,000	30,027,000	30,310,000	31,472,000	43,564,000	42,497,000	383,000	99,000	1,053,000	2,058,000	2,019,000	2,467,000	1,941,000	-	-	-
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	-	-	-
Total Assets	175,191,000	158,468,000	175,979,000	165,883,000	151,828,000	137,216,000	147,470,000	139,821,000	145,259,000	148,810,000	144,576,000	134,729,000	133,986,000	131,192,000	113,774,000	95,676,000	109,230,000	104,172,000	93,121,000	93,113,000	85,530,000	74,448,000	71,718,000	73,341,000
Total Current Assets	0	63,707,000	23,470,000	50,963,000	44,166,000	2,910,000	3,147,000	3,331,000	2,949,000	2,614,000	2,360,000	2,538,000	1,793,000	2,861,000	3,097,000	6,228,000	1,302,000	1,346,000	1,192,000	3,281,000	0	-	-	-
Total Current Liabilities	201,000	201,000	200,000	200,000	201,000	127,043,000	136,426,000	128,293,000	127,879,000	130,757,000	127,928,000	118,253,000	116,160,000	112,615,000	102,252,000	87,471,000	99,402,000	94,022,000	83,601,000	0	0	-	-	-
Total Liab	170,462,000	154,855,000	170,294,000	160,016,000	146,099,000	131,628,000	141,472,000	133,529,000	136,854,000	139,505,000	135,344,000	125,017,000	122,963,000	119,882,000	103,898,000	89,498,000	101,420,000	96,247,000	85,434,000	86,411,000	78,242,000	67,998,000	66,098,000	68,708,000
Total Permanent Equity	0	0	0	0	0	0	5,998,000	6,292,000	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-
Total Stockholder Equity	4,729,000	3,613,000	5,685,000	5,867,000	5,729,000	5,588,000	5,998,000	6,292,000	7,217,000	8,124,000	8,192,000	9,092,000	10,317,000	10,750,000	9,273,000	6,178,000	7,810,000	7,925,000	7,687,000	6,702,000	7,288,000	6,450,000	5,620,000	4,633,000
Treasury Stock	0	0	-21,066,000	-18,879,000	-17,276,000	-15,293,000	-13,648,000	-12,027,000	-10,338,000	-8,589,000	-6,961,000	-5,325,000	-4,034,000	-2,620,000	-2,023,000	-2,012,000	-1,467,000	-490,000	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	-	-	-

	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	2003-12-31
Accounts Payable	0	2,307,000	-35,377,000	2,027,000	2,242,000	2,058,000	2,206,000	2,058,000	2,206,000	2,146,000	2,034,000	1,832,000	936,000	1,770,000	1,650,000	1,427,000	1,884,000	1,783,000	1,686,000	1,596,000	1,862,000	1,867,000	1,749,000	1,609,000	1,960,000	12,155,000	11,800,000	11,786,000	11,763,000	10,940,000	10,469,000	10,130,000	10,240,000	9,543,000	9,214,000	9,199,000	9,187,000	8,974,000	8,606,000	8,439,000	8,491,000	8,161,000	7,884,000	7,547,000	7,850,000	11,218,000	11,081,000	10,868,000	10,915,000	10,654,000	10,502,000	9,818,000	9,938,000	9,598,000	9,492,000	9,397,000	9,472,000	9,793,000	10,041,000	9,178,000	9,116,000	8,485,000	7,272,000	7,141,000	7,388,000	1,688,000	1,850,000	1,672,000	1,984,000	1,952,000	2,975,000	2,780,000	2,728,000	2,516,000	2,810,000	0	2,587,000	0	2,349,000
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
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
Accumulated Other Comprehensive Income	-1,766,000	-2,840,000	-2,349,000	-1,985,000	-2,349,000	-2,794,000	-1,795,000	-895,000	3,000	99,000	460,000	317,000	629,000	516,000	394,000	-295,000	262,000	337,000	269,000	35,000	-291,000	-244,000	-179,000	-5,000	229,000	312,000	299,000	219,000	200,000	595,000	638,000	442,000	253,000	461,000	500,000	704,000	662,000	746,000	920,000	746,000	595,000	605,000	625,000	1,084,000	1,194,000	1,267,000	942,000	851,000	638,000	636,000	633,000	542,000	565,000	897,000	607,000	365,000	263,000	277,000	-388,000	-1,134,000	-1,093,000	-973,000	-522,000	-287,000	-167,000	-249,000	-355,000	-143,000	-209,000	-226,000	-666,000	-442,000	-151,000	-20,000	0	0	380,000	0	0
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	8,085,000	8,017,000	7,903,000	7,857,000	7,765,000	7,709,000	7,659,000	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
Capital Lease Obligations	20,000	22,000	23,000	28,000	30,000	33,000	35,000	37,000	40,000	41,000	44,000	46,000	44,000	47,000	51,000	54,000	57,000	61,000	64,000	55,000	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
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
Capital Surpluse	0	9,744,000	9,670,000	9,612,000	9,517,000	9,434,000	9,380,000	9,348,000	9,220,000	9,118,000	9,049,000	8,982,000	8,822,000	8,677,000	8,622,000	8,578,000	8,461,000	8,392,000	8,337,000	8,270,000	8,260,000	8,214,000	8,171,000	8,116,000	8,085,000	8,017,000	7,903,000	7,857,000	7,765,000	7,709,000	7,659,000	7,610,000	7,611,000	7,557,000	7,500,000	7,423,000	7,345,000	7,232,000	7,144,000	7,046,000	6,929,000	6,840,000	6,730,000	6,592,000	6,503,000	6,363,000	6,287,000	6,237,000	6,237,000	6,182,000	6,108,000	6,043,000	6,029,000	5,917,000	5,869,000	5,819,000	5,748,000	5,699,000	5,641,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash	7,564,000	7,101,000	7,478,000	8,548,000	7,097,000	7,993,000	7,561,000	6,742,000	7,248,000	7,804,000	7,216,000	5,787,000	6,845,000	7,668,000	7,703,000	8,829,000	3,827,000	5,392,000	4,361,000	3,347,000	3,097,000	2,478,000	2,582,000	2,201,000	2,620,000	2,504,000	2,563,000	2,177,000	2,486,000	3,329,000	3,050,000	2,795,000	2,859,000	3,570,000	3,041,000	3,147,000	3,028,000	3,155,000	2,859,000	2,899,000	3,051,000	3,465,000	3,377,000	3,041,000	2,950,000	3,932,000	3,272,000	2,874,000	3,251,000	3,093,000	3,007,000	3,366,000	3,333,000	4,088,000	4,397,000	5,429,000	3,097,000	3,580,000	4,469,000	5,796,000	6,228,000	4,043,000	3,373,000	3,904,000	3,836,000	3,972,000	3,303,000	2,413,000	2,717,000	3,309,000	2,101,000	1,650,000	2,474,000	2,620,000	2,510,000	0	1,078,000	0	1,078,000
Cash And Equivalents	0	7,010,000	7,343,000	8,386,000	6,964,000	7,819,000	7,489,000	6,623,000	7,127,000	7,736,000	7,121,000	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
Cash And Short Term Investments	7,564,000	7,101,000	7,478,000	8,548,000	7,097,000	7,993,000	7,561,000	6,742,000	39,298,000	7,804,000	7,216,000	5,787,000	43,128,000	43,627,000	42,145,000	40,675,000	36,956,000	36,359,000	35,003,000	32,111,000	34,155,000	33,318,000	33,041,000	32,520,000	33,547,000	33,330,000	33,210,000	32,759,000	33,205,000	34,128,000	33,208,000	32,275,000	31,532,000	32,856,000	32,468,000	33,297,000	33,055,000	33,411,000	33,345,000	33,377,000	33,361,000	33,549,000	33,395,000	34,090,000	34,422,000	47,221,000	46,836,000	46,793,000	3,251,000	46,843,000	46,370,000	46,186,000	45,830,000	4,088,000	4,397,000	5,429,000	3,097,000	3,580,000	4,469,000	5,796,000	6,228,000	4,043,000	3,373,000	3,904,000	3,836,000	3,972,000	3,303,000	2,413,000	2,717,000	3,309,000	2,101,000	1,650,000	2,474,000	2,620,000	2,510,000	0	1,078,000	0	0
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	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	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	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	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	3,000	3,000	3,000	2,000	2,000	0	0	0	0	0
Common Stock Shares Outstanding	105,700	107,100	108,400	110,000	111,400	112,700	114,400	116,200	117,600	119,200	121,200	122,200	122,200	124,900	126,200	128,200	131,300	134,500	138,000	140,100	143,200	146,500	149,000	152,100	153,800	155,400	157,500	160,100	162,400	165,800	170,100	174,400	178,900	182,700	186,400	189,100	191,200	193,700	196,200	199,100	202,300	205,100	208,600	212,300	215,100	219,100	225,600	231,700	231,700	242,000	251,000	257,700	257,700	259,900	265,300	265,000	265,000	260,700	223,500	223,500	223,500	221,700	226,000	231,500	231,500	239,200	241,000	244,100	244,100	246,400	248,000	253,500	253,500	246,200	246,200	246,200	248,000	246,000	0
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	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	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	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	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	3,000	3,000	3,000	2,000	2,000	0	0	0	0	0
Current Deferred Revenue	37,321,000	-2,106,000	35,578,000	33,944,000	-2,041,000	-1,857,000	24,344,000	28,137,000	24,344,000	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
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
Deferred Long Term Liab	0	2,851,000	3,019,000	3,043,000	3,472,000	2,998,000	2,969,000	2,928,000	2,782,000	2,735,000	2,650,000	2,990,000	2,532,000	2,740,000	2,803,000	2,673,000	3,032,000	2,950,000	3,047,000	3,108,000	3,027,000	3,205,000	3,144,000	3,100,000	2,952,000	0	0	0	2,950,000	0	0	0	3,065,000	0	0	0	2,970,000	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
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
Good Will	1,410,000	0	0	0	1,389,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1,175,000	0	0	0	1,104,000	0	0	0	1,137,000	0	0	0	1,154,000	0	0	0	1,164,000	0	0	0	1,174,000	0	0	0	1,164,000	0	0	0	1,209,000	0	0	0	1,135,000	0	0	0	1,091,000	0	0	0	643,000	0	0	0	638,000	0	0	0	577,000	0	0	0	633,000	0	574,000
Intangible Assets	2,713,000	0	0	0	1,648,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1,313,000	0	0	0	1,212,000	0	0	0	1,270,000	0	0	0	1,313,000	0	0	0	1,363,000	0	0	0	1,415,000	0	0	0	1,446,000	0	0	0	1,542,000	0	0	0	1,404,000	0	0	0	1,372,000	0	0	0	863,000	0	0	0	775,000	0	0	0	710,000	0	0	0	786,000	0	725,000
Inventory	0	-257,000	-263,000	-336,000	-267,000	-377,000	34,289,000	1,044,000	0	0	0	9,814,000	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	567,000	52,000	578,000	565,000	5,375,000	5,437,000	5,349,000	592,000	0	0	0	501,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Liabilities And Stockholders Equity	175,191,000	165,136,000	169,781,000	166,640,000	158,468,000	153,354,000	158,497,000	167,525,000	175,979,000	170,726,000	171,703,000	165,737,000	165,883,000	158,687,000	154,902,000	145,682,000	151,828,000	149,513,000	148,678,000	144,403,000	137,216,000	145,191,000	143,268,000	144,762,000	147,470,000	145,486,000	143,144,000	140,857,000	139,821,000	143,623,000	142,684,000	140,250,000	145,259,000	145,320,000	148,806,000	151,448,000	148,810,000	147,193,000	149,160,000	145,964,000	144,576,000	140,208,000	137,258,000	137,296,000	134,729,000	138,564,000	135,270,000	136,757,000	133,986,000	130,380,000	135,138,000	133,832,000	131,192,000	129,044,000	121,110,000	122,377,000	113,774,000	111,201,000	103,214,000	94,581,000	95,676,000	99,150,000	104,267,000	104,902,000	109,230,000	109,854,000	108,132,000	105,160,000	104,172,000	99,504,000	96,049,000	95,821,000	93,121,000	92,274,000	95,952,000	93,536,000	93,113,000	0	0
Long Term Debt	4,984,000	5,757,000	5,798,000	5,927,000	5,154,000	5,190,000	4,867,000	4,449,000	4,956,000	4,953,000	5,347,000	5,505,000	4,744,000	4,734,000	4,324,000	3,720,000	4,725,000	4,771,000	4,811,000	5,125,000	4,610,000	4,240,000	4,291,000	5,055,000	5,099,000	5,169,000	5,216,000	5,252,000	5,224,000	5,644,000	5,201,000	5,356,000	10,215,000	10,945,000	10,408,000	9,845,000	9,558,000	9,453,000	9,195,000	8,866,000	8,151,000	8,189,000	7,649,000	7,537,000	7,367,000	7,634,000	7,616,000	7,612,000	7,571,000	7,933,000	8,034,000	8,010,000	7,852,000	7,851,000	2,684,000	7,774,000	2,249,000	2,076,000	2,435,000	1,922,000	2,027,000	2,080,000	2,018,000	2,018,000	2,018,000	2,197,000	2,197,000	2,225,000	2,225,000	2,254,000	2,419,000	1,921,000	1,783,000	360,000	888,000	0	895,000	0	955,000
Long Term Debt Total	0	5,779,000	5,821,000	5,927,000	5,184,000	5,223,000	4,902,000	4,486,000	4,996,000	2,831,000	5,391,000	5,505,000	4,744,000	4,734,000	4,324,000	3,720,000	4,725,000	4,771,000	4,811,000	5,125,000	4,610,000	4,240,000	4,291,000	5,055,000	5,099,000	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	2,684,000	0	2,249,000	2,076,000	2,435,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long Term Investments	51,607,000	48,238,000	53,567,000	50,902,000	46,878,000	42,450,000	40,090,000	38,217,000	37,994,000	35,688,000	36,148,000	43,079,000	42,949,000	42,640,000	40,703,000	38,024,000	39,521,000	37,375,000	37,007,000	35,203,000	37,531,000	36,920,000	36,594,000	37,431,000	38,056,000	0	0	0	36,488,000	0	0	0	39,714,000	0	0	0	40,430,000	0	0	0	0	0	0	0	0	0	0	0	0	165,000	0	0	0	0	0	0	36,974,000	36,847,000	34,793,000	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
Net Debt	-1,809,000	-1,121,000	-1,456,000	-2,420,000	-1,712,000	-2,569,000	-2,459,000	-2,056,000	-2,052,000	-2,610,000	-1,625,000	-82,000	-1,901,000	-2,734,000	-3,179,000	-4,909,000	1,099,000	-420,000	651,000	1,979,000	1,714,000	1,963,000	1,910,000	3,055,000	2,679,000	2,866,000	2,853,000	3,275,000	2,950,000	2,515,000	2,351,000	2,761,000	7,587,000	7,575,000	7,567,000	6,898,000	7,101,000	6,498,000	6,536,000	6,267,000	5,905,000	5,224,000	4,773,000	4,996,000	4,935,000	4,202,000	4,842,000	5,242,000	4,824,000	5,344,000	5,532,000	5,141,000	4,916,000	4,972,000	4,067,000	2,685,000	-848,000	-1,504,000	-2,034,000	-3,874,000	-4,201,000	-1,963,000	-1,355,000	-1,886,000	-1,818,000	-1,775,000	-1,106,000	-188,000	-492,000	-1,055,000	318,000	271,000	-641,000	-909,000	-2,132,000	385,000	-693,000	0	0
Net Invested Capital	10,464,000	9,783,000	10,079,000	10,244,000	8,968,000	8,648,000	9,371,000	9,659,000	10,841,000	10,860,000	11,233,000	11,207,000	10,767,000	10,954,000	10,973,000	10,559,000	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
Net Receivables	15,106,000	14,829,000	15,091,000	15,401,000	15,799,000	16,046,000	16,385,000	16,215,000	16,222,000	15,938,000	8,078,000	8,055,000	7,835,000	7,392,000	7,295,000	7,188,000	7,210,000	7,348,000	7,435,000	7,462,000	6,185,000	6,047,000	5,930,000	5,880,000	5,785,000	5,751,000	5,519,000	5,372,000	5,310,000	5,336,000	5,190,000	5,295,000	5,274,000	5,289,000	5,267,000	5,140,000	5,027,000	4,895,000	4,909,000	4,714,000	4,610,000	4,503,000	4,651,000	4,383,000	4,315,000	5,584,000	5,537,000	5,516,000	5,618,000	5,364,000	5,283,000	5,589,000	5,097,000	4,969,000	4,998,000	4,848,000	4,435,000	4,247,000	4,067,000	3,579,000	3,887,000	3,921,000	3,614,000	3,441,000	3,441,000	3,079,000	3,207,000	3,022,000	2,960,000	2,504,000	2,441,000	2,382,000	2,172,000	2,837,000	0	0	2,203,000	0	0
Net Tangible Assets	0	3,825,000	4,080,000	4,144,000	3,613,000	3,257,000	4,304,000	5,010,000	5,685,000	5,707,000	5,686,000	5,502,000	5,867,000	6,067,000	6,500,000	6,693,000	5,729,000	5,997,000	6,030,000	5,843,000	5,588,000	5,618,000	5,632,000	5,840,000	5,998,000	6,305,000	6,250,000	6,227,000	6,292,000	6,796,000	7,089,000	7,093,000	7,217,000	7,629,000	7,875,000	8,195,000	8,124,000	8,260,000	8,428,000	8,344,000	8,192,000	8,325,000	8,340,000	8,960,000	9,092,000	9,157,000	9,005,000	9,115,000	10,255,000	10,271,000	10,548,000	10,551,000	10,725,000	10,950,000	10,498,000	10,108,000	9,273,000	9,049,000	8,110,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Working Capital	-13,332,000	21,729,000	22,368,000	-18,810,000	63,506,000	60,224,000	2,294,000	-12,045,000	55,320,000	9,887,000	9,303,000	18,071,000	1,422,000	581,000	-141,713,000	-132,475,000	-139,045,000	-136,632,000	-135,524,000	-130,926,000	-124,108,000	-132,840,000	-130,754,000	-131,049,000	-133,241,000	-130,881,000	-128,606,000	-125,975,000	-124,962,000	-128,221,000	-127,528,000	-124,901,000	-124,930,000	-124,043,000	-128,032,000	-130,694,000	-128,143,000	-127,098,000	-129,193,000	-126,363,000	-125,568,000	-121,435,000	-119,028,000	-118,537,000	-115,715,000	-119,713,000	-116,886,000	-118,155,000	-113,955,000	-109,047,000	-113,640,000	-112,508,000	-109,776,000	-106,201,000	-98,791,000	-99,339,000	-99,155,000	-96,496,000	-88,200,000	-80,479,000	-81,144,000	-86,310,000	-91,562,000	-91,399,000	-98,100,000	-96,225,000	-95,383,000	-92,791,000	-92,966,000	-86,188,000	-84,294,000	-84,909,000	-82,409,000	-81,557,000	-86,071,000	0	0	0	0
Non Current Assets Total	151,094,000	52,592,000	47,631,000	44,921,000	40,849,000	36,417,000	34,292,000	32,333,000	32,053,000	30,116,000	36,148,000	35,834,000	10,316,000	35,959,000	108,040,000	31,854,000	117,964,000	107,911,000	143,672,000	140,462,000	130,560,000	142,132,000	102,851,000	104,619,000	144,323,000	140,416,000	138,000,000	135,736,000	136,490,000	138,135,000	134,568,000	132,364,000	142,393,000	132,828,000	136,930,000	139,889,000	144,969,000	135,056,000	113,874,000	110,432,000	111,588,000	129,818,000	127,735,000	128,186,000	131,452,000	93,996,000	91,124,000	95,341,000	130,313,000	89,097,000	94,638,000	93,915,000	128,331,000	87,379,000	80,757,000	81,796,000	106,242,000	4,323,000	4,361,000	0	85,561,000	0	0	0	0	0	0	0	9,553,000	0	0	0	9,008,000	0	0	0	0	0	0
Non Current Liabilities Other	0	0	122,107,000	120,598,000	116,654,000	114,679,000	122,741,000	133,931,000	142,544,000	138,986,000	140,596,000	135,079,000	135,433,000	129,098,000	126,158,000	116,632,000	124,859,000	122,220,000	121,536,000	118,947,000	113,410,000	122,507,000	120,967,000	121,817,000	123,910,000	115,250,000	113,539,000	111,931,000	110,412,000	112,980,000	111,472,000	110,697,000	110,048,000	108,682,000	113,049,000	114,725,000	113,606,000	82,420,000	113,634,000	111,497,000	110,843,000	107,731,000	111,609,000	111,759,000	109,081,000	37,374,000	37,051,000	36,266,000	0	94,881,000	0	0	0	0	0	0	101,649,000	99,731,000	92,405,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Current Liabilities Total	132,940,000	3,605,200	5,821,000	126,324,000	201,000	201,000	29,246,000	119,701,000	200,000	23,687,000	23,187,000	2,831,000	2,831,000	2,833,000	4,273,000	3,666,000	4,668,000	4,710,000	4,747,000	5,070,000	4,610,000	4,240,000	4,291,000	5,055,000	5,097,000	5,169,000	5,216,000	5,252,000	5,236,000	5,644,000	5,201,000	5,356,000	10,223,000	10,945,000	10,408,000	9,845,000	9,929,000	9,453,000	9,195,000	8,866,000	8,456,000	8,189,000	7,649,000	7,537,000	7,384,000	7,634,000	7,616,000	7,612,000	7,571,000	7,933,000	8,034,000	8,010,000	7,852,000	8,191,000	7,980,000	8,114,000	2,249,000	2,076,000	2,435,000	1,922,000	2,027,000	2,080,000	2,018,000	2,018,000	2,018,000	2,215,000	2,221,000	2,225,000	2,244,000	2,254,000	2,419,000	1,921,000	1,833,000	360,000	378,000	385,000	385,000	0	0
Non Currrent Assets Other	84,681,000	-52,592,000	-47,631,000	-44,921,000	-6,960,000	-36,417,000	-34,292,000	-32,333,000	-32,053,000	-30,116,000	-36,148,000	-35,834,000	-25,976,000	-35,959,000	73,598,000	-31,854,000	84,835,000	76,934,000	113,020,000	111,698,000	99,502,000	111,292,000	72,373,000	74,300,000	113,396,000	109,590,000	107,353,000	105,154,000	105,771,000	107,336,000	104,410,000	102,884,000	113,720,000	103,542,000	107,503,000	109,739,000	114,942,000	104,800,000	83,388,000	79,954,000	81,278,000	99,734,000	97,717,000	97,137,000	99,980,000	50,707,000	47,560,000	51,422,000	95,808,000	45,347,000	51,275,000	51,095,000	85,834,000	82,004,000	75,320,000	76,447,000	106,242,000	64,629,000	57,861,000	0	85,561,000	0	0	0	0	0	0	0	9,553,000	0	0	0	9,008,000	0	0	0	0	0	0
Noncontrolling Interest In Consolidated Entity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1,188,000	1,192,000	1,121,000	1,064,000	1,181,000	1,080,000	1,249,000	1,101,000	1,040,000	844,000	642,000	657,000	620,000	664,000	608,000	634,000	706,000	716,000	680,000	638,000	560,000	554,000	621,000	592,000	603,000	345,000	264,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	-93,000	90,614,000	99,581,000	104,357,000	53,912,000	56,512,000	121,711,000	116,841,000	88,406,000	130,523,000	126,052,000	111,632,000	153,009,000	120,177,000	44,446,000	110,980,000	31,478,000	39,428,000	2,629,000	1,377,000	3,746,000	566,000	37,826,000	37,325,000	129,358,000	1,939,000	2,072,000	1,718,000	123,060,000	2,526,000	5,250,000	4,986,000	-83,000	9,789,000	9,385,000	8,845,000	1,227,000	9,755,000	32,942,000	33,141,000	30,628,000	8,131,000	7,282,000	6,848,000	739,000	42,508,000	42,383,000	39,541,000	1,880,000	38,619,000	37,972,000	37,457,000	115,274,000	37,980,000	36,526,000	35,765,000	4,435,000	107,621,000	98,745,000	88,785,000	3,887,000	95,107,000	100,894,000	100,998,000	107,928,000	105,882,000	104,829,000	102,747,000	93,273,000	96,195,000	93,948,000	94,171,000	82,921,000	89,654,000	95,952,000	93,536,000	93,113,000	0	75,654,000
Other Current Assets	-22,670,000	-21,930,000	-22,569,000	-23,949,000	-22,896,000	-24,039,000	-55,741,000	-5,650,000	-5,067,000	-21,391,000	-12,912,000	-5,385,000	-48,405,000	-48,468,000	-47,024,000	-45,015,000	-41,780,000	-41,533,000	-40,061,000	-37,009,000	-37,430,000	-36,872,000	-36,380,000	-35,582,000	-36,185,000	-35,950,000	-35,657,000	-34,728,000	-35,184,000	-36,502,000	-35,532,000	-34,670,000	-33,857,000	-35,442,000	-35,244,000	-35,723,000	-35,468,000	-35,924,000	-35,910,000	-35,700,000	-35,611,000	-35,793,000	-35,805,000	-36,211,000	-36,199,000	-50,745,000	-50,610,000	-50,434,000	-7,076,000	-49,543,000	-49,177,000	-49,315,000	-48,066,000	-10,747,000	-11,005,000	-10,810,000	-4,435,000	-4,247,000	-4,067,000	-3,579,000	-3,887,000	-3,921,000	-3,614,000	-3,441,000	-5,975,000	-3,079,000	-3,207,000	-3,022,000	-4,331,000	-2,504,000	-2,441,000	-2,382,000	-3,454,000	-2,837,000	0	0	0	0	0
Other Current Liab	0	-201,000	-201,000	33,944,000	-201,000	-201,000	-26,550,000	1,000	-200,000	18,693,000	6,538,000	-99,000	17,641,000	16,818,000	143,929,000	135,123,000	141,230,000	138,605,000	137,700,000	133,289,000	126,817,000	135,132,000	133,144,000	133,666,000	136,188,000	133,811,000	131,478,000	129,178,000	128,093,000	130,983,000	130,194,000	127,601,000	127,679,000	126,546,000	130,323,000	133,208,000	130,557,000	129,280,000	131,337,000	128,454,000	127,428,000	123,194,000	120,768,000	120,299,000	117,752,000	121,273,000	118,151,000	119,526,000	115,244,000	111,207,000	115,663,000	114,471,000	112,240,000	109,017,000	102,134,000	104,155,000	102,252,000	100,076,000	92,669,000	86,275,000	87,372,000	90,353,000	94,935,000	95,303,000	99,402,000	100,197,000	98,686,000	95,204,000	94,312,000	89,497,000	86,395,000	86,559,000	83,551,000	82,826,000	88,581,000	0	20,000	0	10,000
Other Liab	0	150,892,000	154,841,000	152,650,000	145,253,000	145,016,000	148,963,000	157,935,000	164,735,000	159,842,000	158,392,000	146,949,000	153,074,000	138,034,000	134,541,000	126,097,000	133,796,000	129,701,000	129,703,000	126,210,000	121,338,000	129,372,000	127,899,000	128,432,000	123,910,000	121,656,000	119,678,000	117,392,000	116,330,000	120,043,000	119,725,000	117,471,000	116,251,000	115,811,000	119,988,000	122,945,000	120,189,000	119,226,000	121,482,000	118,914,000	117,897,000	114,189,000	112,242,000	112,095,000	109,282,000	109,391,000	106,462,000	108,024,000	104,035,000	100,302,000	104,869,000	104,318,000	101,720,000	98,882,000	92,035,000	94,166,000	92,177,000	89,938,000	82,364,000	76,844,000	78,355,000	81,868,000	87,663,000	88,162,000	92,014,000	98,211,000	96,485,000	93,532,000	92,038,000	87,545,000	83,420,000	83,779,000	80,873,000	80,310,000	83,956,000	0	81,594,000	0	73,750,000
Other Stockholder Equity	-15,413,000	-15,008,000	-14,515,000	-14,071,000	-13,572,000	-13,126,000	-12,671,000	-12,251,000	-11,846,000	-11,350,000	-10,834,000	-11,552,000	-10,057,000	-9,693,000	-9,407,000	-9,195,000	-8,815,000	-8,287,000	-7,772,000	-7,367,000	-7,033,000	-6,639,000	-6,318,000	-5,954,000	-5,563,000	-5,281,000	-4,949,000	-4,628,000	-4,262,000	-3,900,000	-3,559,000	-3,151,000	-2,727,000	-2,328,000	-1,928,000	-1,543,000	-1,244,000	-949,000	-658,000	-343,000	-32,000	275,000	582,000	895,000	1,178,000	1,410,000	1,676,000	1,976,000	2,203,000	2,410,000	2,789,000	3,091,000	3,409,000	3,505,000	3,610,000	3,781,000	3,725,000	3,678,000	3,620,000	2,698,000	2,676,000	2,683,000	2,722,000	2,927,000	3,163,000	3,413,000	3,524,000	3,603,000	3,863,000	3,853,000	3,922,000	3,918,000	4,091,000	4,094,000	3,240,000	2,884,000	2,907,000	0	0
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
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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Property Plant And Equipment Gross	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Property Plant And Equipment Net	958,000	0	0	0	926,000	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
Property Plant Equipment	0	0	0	0	296,000	0	0	0	919,000	0	0	0	861,000	274,000	0	0	877,000	274,000	281,000	271,000	635,000	0	0	0	626,000	0	0	0	607,000	0	0	0	724,000	0	0	0	667,000	0	0	0	705,000	0	0	0	753,000	0	0	0	774,000	0	0	0	693,000	0	0	0	728,000	0	0	0	824,000	0	0	0	849,000	0	0	0	705,000	0	0	0	658,000	0	0	0	677,000	0	699,000
Retained Earnings	21,905,000	21,670,000	20,941,000	20,197,000	19,531,000	19,174,000	18,767,000	18,153,000	17,525,000	16,955,000	16,057,000	15,600,000	15,292,000	15,241,000	15,510,000	16,180,000	14,279,000	13,944,000	13,530,000	13,172,000	12,909,000	12,498,000	12,126,000	11,796,000	11,329,000	11,271,000	10,897,000	10,633,000	10,351,000	10,098,000	10,007,000	9,799,000	9,688,000	9,493,000	9,300,000	9,031,000	8,703,000	8,460,000	8,163,000	7,938,000	7,626,000	7,442,000	7,130,000	6,978,000	6,717,000	6,477,000	6,384,000	6,285,000	7,411,000	7,222,000	7,123,000	6,915,000	6,748,000	6,545,000	6,278,000	5,959,000	5,282,000	5,091,000	4,875,000	4,817,000	4,592,000	5,004,000	5,111,000	4,938,000	4,811,000	4,591,000	4,428,000	4,268,000	4,268,000	4,123,000	3,976,000	3,862,000	3,745,000	3,661,000	3,753,000	3,598,000	3,415,000	0	4,421,000
Retained Earnings Total Equity	0	0	20,941,000	20,197,000	19,531,000	19,174,000	18,767,000	18,153,000	17,525,000	16,955,000	16,057,000	15,600,000	15,292,000	15,241,000	15,510,000	16,180,000	14,279,000	13,944,000	13,530,000	13,172,000	12,909,000	12,498,000	12,126,000	11,796,000	11,329,000	11,271,000	10,897,000	10,633,000	10,351,000	10,098,000	10,007,000	9,799,000	9,551,000	9,319,000	9,043,000	8,752,000	8,469,000	8,152,000	7,843,000	7,582,000	7,289,000	7,107,000	6,831,000	6,617,000	6,381,000	6,087,000	5,990,000	5,845,000	6,983,000	6,842,000	6,629,000	6,385,000	6,190,000	5,955,000	5,658,000	5,451,000	5,282,000	5,091,000	4,875,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Long Term Debt	751,000	201,000	201,000	201,000	201,000	201,000	200,000	200,000	200,000	200,000	200,000	200,000	200,000	200,000	200,000	200,000	201,000	201,000	201,000	201,000	424,000	603,000	544,000	512,000	416,000	416,000	5,867,000	200,000	989,000	200,000	200,000	200,000	969,000	0	0	0	1,494,000	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
Short Long Term Debt Total	5,755,000	5,980,000	6,022,000	6,128,000	5,385,000	5,424,000	5,102,000	4,686,000	5,196,000	5,194,000	5,591,000	5,705,000	4,944,000	4,934,000	4,524,000	3,920,000	4,926,000	4,972,000	5,012,000	5,326,000	4,811,000	4,441,000	4,492,000	5,256,000	5,299,000	5,370,000	5,416,000	5,452,000	5,436,000	5,844,000	5,401,000	5,556,000	10,446,000	11,145,000	10,608,000	10,045,000	10,129,000	9,653,000	9,395,000	9,166,000	8,956,000	8,689,000	8,150,000	8,037,000	7,885,000	8,134,000	8,114,000	8,116,000	8,075,000	8,437,000	8,539,000	8,507,000	8,249,000	9,060,000	8,464,000	8,114,000	2,249,000	2,076,000	2,435,000	1,922,000	2,027,000	2,080,000	2,018,000	2,018,000	2,018,000	2,197,000	2,197,000	2,225,000	2,225,000	2,254,000	2,419,000	1,921,000	1,833,000	1,711,000	378,000	385,000	385,000	0	0
Short Term Debt	201,000	201,000	201,000	201,000	201,000	201,000	200,000	200,000	200,000	200,000	200,000	200,000	200,000	200,000	200,000	200,000	201,000	201,000	201,000	201,000	201,000	201,000	201,000	201,000	200,000	201,000	200,000	200,000	200,000	200,000	200,000	200,000	200,000	200,000	200,000	200,000	200,000	200,000	200,000	300,000	500,000	500,000	501,000	500,000	501,000	500,000	498,000	504,000	504,000	504,000	505,000	497,000	397,000	869,000	484,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	50,000	50,000	1,351,000	0	0	0	0	0
Short Term Investments	51,562,000	1,569,000	47,587,000	162,000	40,811,000	36,386,000	34,289,000	32,330,000	32,050,000	30,114,000	36,146,000	35,832,000	36,283,000	35,959,000	34,442,000	31,846,000	33,129,000	30,967,000	30,642,000	28,764,000	31,058,000	30,840,000	30,459,000	30,319,000	30,927,000	30,826,000	30,647,000	30,582,000	30,719,000	30,799,000	30,158,000	29,480,000	28,673,000	29,286,000	29,427,000	30,150,000	30,027,000	30,256,000	30,486,000	30,478,000	30,310,000	30,084,000	30,018,000	31,049,000	31,472,000	43,289,000	43,564,000	43,919,000	1,793,000	43,750,000	43,363,000	42,820,000	42,497,000	5,375,000	5,437,000	5,349,000	3,069,000	1,822,000	1,730,000	1,811,000	99,000	0	0	0	1,053,000	0	0	0	2,058,000	0	0	0	2,019,000	0	0	0	2,467,000	0	1,941,000
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	0	0	0	0	0	0	0	0	0	0	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	175,191,000	165,136,000	169,781,000	166,640,000	158,468,000	153,354,000	158,497,000	167,525,000	175,979,000	170,726,000	171,703,000	165,737,000	165,883,000	158,687,000	154,902,000	145,682,000	151,828,000	149,513,000	148,678,000	144,403,000	137,216,000	145,191,000	143,268,000	144,762,000	147,470,000	145,486,000	143,144,000	140,857,000	139,821,000	143,623,000	142,684,000	140,250,000	145,259,000	145,320,000	148,806,000	151,448,000	148,810,000	147,193,000	149,160,000	145,964,000	144,576,000	140,208,000	137,258,000	137,296,000	134,729,000	138,564,000	135,270,000	136,757,000	133,986,000	130,380,000	135,138,000	133,832,000	131,192,000	129,044,000	121,110,000	122,377,000	113,774,000	111,201,000	103,214,000	94,581,000	95,676,000	99,150,000	104,267,000	104,902,000	109,230,000	109,854,000	108,132,000	105,160,000	104,172,000	99,504,000	96,049,000	95,821,000	93,121,000	92,274,000	95,952,000	93,536,000	93,113,000	0	85,384,000
Total Current Assets	24,190,000	21,930,000	22,569,000	17,362,000	63,707,000	60,425,000	2,494,000	18,351,000	55,520,000	10,087,000	9,503,000	18,271,000	2,558,000	2,551,000	2,416,000	2,848,000	2,386,000	2,174,000	2,377,000	2,564,000	2,910,000	2,493,000	2,591,000	2,818,000	3,147,000	3,131,000	3,072,000	3,403,000	3,331,000	2,962,000	2,866,000	2,900,000	2,949,000	2,703,000	2,491,000	2,714,000	2,614,000	2,382,000	2,344,000	2,391,000	2,360,000	2,259,000	2,241,000	2,262,000	2,538,000	2,060,000	1,763,000	1,875,000	1,793,000	2,664,000	2,528,000	2,460,000	2,861,000	3,685,000	3,827,000	4,816,000	3,097,000	3,580,000	4,469,000	5,796,000	6,228,000	4,043,000	3,373,000	3,904,000	1,302,000	3,972,000	3,303,000	2,413,000	1,346,000	3,309,000	2,101,000	1,650,000	1,192,000	2,620,000	2,510,000	0	3,281,000	0	0
Total Current Liabilities	37,522,000	201,000	201,000	36,172,000	201,000	201,000	200,000	30,396,000	200,000	200,000	200,000	200,000	1,136,000	1,970,000	144,129,000	135,323,000	141,431,000	138,806,000	137,901,000	133,490,000	127,018,000	135,333,000	133,345,000	133,867,000	136,388,000	134,012,000	131,678,000	129,378,000	128,293,000	131,183,000	130,394,000	127,801,000	127,879,000	126,746,000	130,523,000	133,408,000	130,757,000	129,480,000	131,537,000	128,754,000	127,928,000	123,694,000	121,269,000	120,799,000	118,253,000	121,773,000	118,649,000	120,030,000	115,748,000	111,711,000	116,168,000	114,968,000	112,637,000	109,886,000	102,618,000	104,155,000	102,252,000	100,076,000	92,669,000	86,275,000	87,372,000	90,353,000	94,935,000	95,303,000	99,402,000	100,197,000	98,686,000	95,204,000	94,312,000	89,497,000	86,395,000	86,559,000	83,601,000	84,177,000	88,581,000	0	0	0	0
Total Liab	170,462,000	161,311,000	165,701,000	162,496,000	154,855,000	150,097,000	154,193,000	162,515,000	170,294,000	165,019,000	166,017,000	160,235,000	160,016,000	152,620,000	148,402,000	138,989,000	146,099,000	143,516,000	142,648,000	138,560,000	131,628,000	139,573,000	137,636,000	138,922,000	141,472,000	139,181,000	136,894,000	134,630,000	133,529,000	136,827,000	135,595,000	133,157,000	136,854,000	136,499,000	139,810,000	142,189,000	139,505,000	137,853,000	139,483,000	136,519,000	135,344,000	131,039,000	128,276,000	127,679,000	125,017,000	128,743,000	125,657,000	127,008,000	123,025,000	119,393,000	123,910,000	122,643,000	119,907,000	117,540,000	109,991,000	111,677,000	103,898,000	101,807,000	94,840,000	87,944,000	89,498,000	92,433,000	96,953,000	97,321,000	101,420,000	102,096,000	100,532,000	97,429,000	96,247,000	91,751,000	88,814,000	88,480,000	85,434,000	84,537,000	88,959,000	87,054,000	86,411,000	0	77,918,000
Total Permanent Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	5,632,000	5,840,000	5,998,000	6,305,000	6,250,000	6,227,000	6,292,000	6,796,000	7,089,000	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
Total Stockholder Equity	4,729,000	3,825,000	4,080,000	4,144,000	3,613,000	3,257,000	4,304,000	5,010,000	5,685,000	5,707,000	5,686,000	5,502,000	5,867,000	6,067,000	6,500,000	6,693,000	5,729,000	5,997,000	6,030,000	5,843,000	5,588,000	5,618,000	5,632,000	5,840,000	5,998,000	6,305,000	6,250,000	6,227,000	6,292,000	6,796,000	7,089,000	7,093,000	7,217,000	7,629,000	7,875,000	8,195,000	8,124,000	8,260,000	8,428,000	8,344,000	8,192,000	8,325,000	8,340,000	8,960,000	9,092,000	9,157,000	9,005,000	9,115,000	10,255,000	10,271,000	10,548,000	10,551,000	10,725,000	10,950,000	10,498,000	10,108,000	9,273,000	9,049,000	8,110,000	6,384,000	6,178,000	6,717,000	7,314,000	7,581,000	7,810,000	7,758,000	7,600,000	7,731,000	7,925,000	7,753,000	7,235,000	7,341,000	7,687,000	7,737,000	6,993,000	6,482,000	6,702,000	0	7,288,000
Treasury Stock	0	0	0	-23,683,000	0	-22,560,000	-22,051,000	-21,599,000	-21,066,000	-20,468,000	-19,883,000	-19,400,000	-18,879,000	-18,370,000	-18,029,000	-17,773,000	-17,276,000	-16,679,000	-16,109,000	-15,637,000	-15,293,000	-14,853,000	-14,489,000	-14,070,000	-13,648,000	-13,298,000	-12,852,000	-12,485,000	-12,027,000	-11,609,000	-11,218,000	-10,761,000	-10,338,000	-9,885,000	-9,428,000	-8,966,000	-8,589,000	-8,181,000	-7,802,000	-7,389,000	-6,961,000	-6,565,000	-6,148,000	-5,697,000	-5,325,000	-4,953,000	-4,611,000	-4,261,000	-4,034,000	-3,772,000	-3,319,000	-2,952,000	-2,620,000	-2,412,000	-2,259,000	-2,038,000	-2,023,000	-2,021,000	-2,021,000	-2,021,000	-2,012,000	-2,021,000	-1,927,000	-1,710,000	-1,467,000	-1,180,000	-1,009,000	-865,000	-490,000	-438,000	-332,000	-290,000	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

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
Begin Period Cash Flow	7,097,000	9,569,000	8,903,000	6,213,000	5,883,000	5,144,000	5,392,000	2,357,000	2,638,000	2,632,000	2,371,000	2,781,000	2,861,000	3,097,000	6,228,000	3,836,000	2,760,000	2,474,000	1,078,000	1,078,000	0
Capital Expenditures	184,000	182,000	120,000	147,000	143,000	162,000	162,000	92,000	133,000	113,000	105,000	137,000	250,000	131,000	83,000	125,000	306,000	187,000	141,000	125,000	133,000
Cash And Cash Equivalents Changes	0	-746,000	668,000	2,690,000	330,000	739,000	-248,000	-39,000	-281,000	6,000	261,000	-410,000	-80,000	-236,000	-3,131,000	0	0	0	0	0	0
Cash Flows Other Operating	0	309,000	-603,000	-7,000	150,000	303,000	533,000	-70,000	-13,000	-1,391,000	1,074,000	-1,001,000	630,000	-92,000	-1,835,000	0	0	0	0	0	0
Change In Cash	467,000	-814,000	666,000	2,690,000	330,000	739,000	-248,000	-39,000	-281,000	6,000	261,000	-410,000	-80,000	-236,000	-3,131,000	2,392,000	1,076,000	243,000	1,396,000	0	0
Change In Working Capital	2,006,000	1,556,000	970,000	2,992,000	651,000	137,000	-355,000	311,000	753,000	199,000	-193,000	23,000	777,000	243,000	-1,766,000	-402,000	57,000	13,000	426,000	-31,000	0
Change Receivables	0	44,000	-520,000	648,000	324,000	-398,000	-457,000	-150,000	-277,000	-423,000	-267,000	-130,000	-260,000	-484,000	-126,000	0	0	0	0	0	0
Change To Account Receivables	276,000	44,000	324,000	324,000	324,000	-398,000	-457,000	-150,000	-277,000	-423,000	0	-130,000	-260,000	-484,000	0	0	-101,000	-85,000	62,000	0	0
Change To Inventory	-630,000	175,000	-370,000	-370,000	-370,000	0	0	-9,000	349,000	0	0	83,000	360,000	422,000	0	0	-195,000	-105,000	-49,000	0	0
Change To Liabilities	0	1,330,000	2,078,000	3,554,000	-115,000	173,000	-433,000	491,000	913,000	1,635,000	-1,121,000	1,219,000	117,000	578,000	131,000	0	0	0	0	0	0
Change To Netincome	0	205,000	-488,000	115,000	-94,000	223,000	344,000	138,000	14,000	324,000	-36,000	291,000	611,000	663,000	-285,000	0	0	0	0	0	0
Change To Operating Activities	0	1,611,000	1,494,000	3,152,000	281,000	635,000	-265,000	648,000	1,067,000	485,000	0	0	0	0	0	0	0	0	0	0	0
Depreciation	-154,000	-40,000	98,000	207,000	183,000	198,000	234,000	248,000	248,000	254,000	239,000	225,000	110,000	110,000	120,000	204,000	780,000	686,000	295,000	0	0
Dividends Paid	-550,000	534,000	511,000	497,000	504,000	506,000	491,000	479,000	465,000	426,000	401,000	305,000	212,000	354,000	164,000	143,000	133,000	108,000	27,000	0	0
End Period Cash Flow	7,564,000	8,755,000	9,569,000	8,903,000	6,213,000	5,883,000	5,144,000	2,318,000	2,357,000	2,638,000	2,632,000	2,371,000	2,781,000	2,861,000	3,097,000	6,228,000	3,836,000	2,717,000	2,474,000	1,078,000	1,078,000
Exchange Rate Changes	0	0	0	9,000	9,000	-8,000	35,000	-75,000	-21,000	-21,000	5,000	10,000	-1,000	-6,000	15,000	0	0	0	0	0	0
Free Cash Flow	4,501,000	4,225,000	3,205,000	4,476,000	2,198,000	2,435,000	1,539,000	1,879,000	2,439,000	2,286,000	1,259,000	1,368,000	1,928,000	1,904,000	-1,341,000	1,877,000	539,000	432,000	804,000	786,000	0
Investments	-9,262,000	-13,563,000	-2,995,000	-2,502,000	-3,699,000	-1,044,000	-6,000	-1,390,000	277,000	600,000	-270,000	3,850,000	-1,567,000	392,000	-6,269,000	0	0	0	0	0	0
Issuance Of Capital Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Borrowings	0	-212,000	-161,000	-477,000	-212,000	-241,000	-293,000	-103,000	-802,000	-375,000	392,000	-5,000	87,000	787,000	-59,000	0	0	0	0	0	0
Net Income	2,556,000	2,559,000	2,760,000	1,534,000	1,893,000	2,098,000	1,480,000	1,314,000	1,687,000	2,000,000	1,475,000	901,000	970,000	1,260,000	737,000	-38,000	814,000	631,000	558,000	794,000	725,000
Other Cashflows From Financing Activities	6,788,000	11,456,000	3,654,000	2,845,000	3,558,000	1,476,000	305,000	1,325,000	-649,000	-877,000	489,000	-3,921,000	1,137,000	-1,001,000	4,401,000	-49,000	-3,142,000	-2,451,000	1,625,000	1,796,000	4,274,000
Other Cashflows From Investing Activities	0	-13,401,000	-1,265,000	-245,000	608,000	619,000	-31,000	678,000	-658,000	-1,202,000	-427,000	704,000	671,000	-1,183,000	-81,000	0	103,000	501,000	0	36,000	0
Other Non Cash Items	72,000	166,000	-568,000	65,000	-213,000	-5,000	65,000	-2,000	-130,000	-412,000	-182,000	172,000	115,000	-249,000	-506,000	2,499,000	-782,000	-787,000	-368,000	182,000	0
Sale Purchase Of Stock	-2,127,000	-1,978,000	-2,030,000	-1,441,000	-1,943,000	-1,630,000	-1,485,000	-1,707,000	-1,741,000	-1,577,000	-1,583,000	-1,381,000	-1,495,000	-582,000	-11,000	-638,000	-977,000	-490,000	0	0	0
Stock Based Compensation	187,000	170,000	152,000	146,000	135,000	144,000	121,000	134,000	145,000	130,000	143,000	134,000	145,000	158,000	182,000	148,000	-49,000	52,000	0	0	0
Total Cash From Financing Activities	4,411,000	8,430,000	1,723,000	952,000	1,214,000	-1,263,000	-1,785,000	-1,131,000	-2,318,000	-1,657,000	-306,000	-6,342,000	-1,111,000	-1,343,000	4,545,000	429,000	-4,269,000	-3,937,000	207,000	1,718,000	4,274,000
Total Cash From Operating Activities	4,685,000	4,407,000	3,325,000	4,623,000	2,341,000	2,597,000	1,701,000	1,971,000	2,572,000	2,399,000	1,364,000	1,505,000	2,178,000	2,035,000	-1,258,000	2,002,000	845,000	619,000	945,000	911,000	0
Total Cashflows From Investing Activities	0	-13,583,000	-4,380,000	-2,894,000	-3,234,000	-587,000	-199,000	-804,000	-514,000	-715,000	-802,000	4,417,000	-1,146,000	-922,000	-6,433,000	15,000	4,495,000	3,523,000	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
Begin Period Cash Flow	7,101,000	8,732,000	9,838,000	8,755,000	9,615,000	9,382,000	8,811,000	9,569,000	9,554,000	8,833,000	7,536,000	8,903,000	10,219,000	10,119,000	11,677,000	6,213,000	7,566,000	6,738,000	5,761,000	5,883,000	4,697,000	4,774,000	4,471,000	5,144,000	5,211,000	5,510,000	5,180,000	5,392,000	3,075,000	2,819,000	2,649,000	2,357,000	2,780,000	2,570,000	2,809,000	2,638,000	2,876,000	2,141,000	2,403,000	2,632,000	3,125,000	2,331,000	2,160,000	2,371,000	3,325,000	2,721,000	2,312,000	2,781,000	2,693,000	2,553,000	2,460,000	2,861,000	3,685,000	3,827,000	4,816,000	3,097,000	3,580,000	4,469,000	5,796,000	6,228,000	4,043,000	3,373,000	3,904,000	3,836,000	3,972,000	3,303,000	2,413,000	2,717,000	3,309,000	2,101,000	1,650,000	2,474,000	2,620,000	2,510,000	1,334,000	1,078,000	1,743,000	0	-	-	0	-	-	-
Capital Expenditures	50,000	50,000	43,000	41,000	56,000	42,000	40,000	44,000	34,000	31,000	33,000	22,000	40,000	45,000	33,000	29,000	43,000	33,000	36,000	31,000	45,000	48,000	36,000	33,000	37,000	53,000	39,000	33,000	26,000	30,000	8,000	28,000	24,000	42,000	38,000	29,000	24,000	49,000	20,000	20,000	37,000	30,000	24,000	14,000	143,000	44,000	38,000	61,000	101,000	60,000	42,000	47,000	43,000	34,000	33,000	21,000	27,000	21,000	20,000	15,000	25,000	20,000	36,000	44,000	68,000	83,000	87,000	68,000	72,000	47,000	34,000	34,000	47,000	40,000	27,000	27,000	31,000	0	0	0	133,000	0	0	0
Cash And Cash Equivalents Changes	0	0	-1,123,000	1,072,000	-908,000	329,000	571,000	-738,000	8,000	739,000	1,297,000	-1,376,000	-1,316,000	100,000	-1,558,000	5,464,000	-1,353,000	828,000	977,000	-122,000	1,186,000	-77,000	303,000	-673,000	-67,000	-299,000	330,000	-212,000	-757,000	256,000	170,000	292,000	-423,000	210,000	-239,000	171,000	-238,000	735,000	-262,000	-229,000	-493,000	794,000	171,000	-211,000	-954,000	604,000	409,000	-469,000	88,000	140,000	93,000	-401,000	-824,000	-142,000	-989,000	1,719,000	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	-927,000	-445,000	-285,000	252,000	164,000	178,000	243,000	-458,000	-415,000	27,000	-643,000	725,000	991,000	-1,080,000	-224,000	-17,000	173,000	218,000	-327,000	218,000	429,000	-17,000	2,000	-60,000	438,000	153,000	398,000	-77,000	-288,000	-103,000	66,000	-978,000	774,000	125,000	-1,194,000	488,000	-652,000	-33,000	-52,000	801,000	579,000	-254,000	-193,000	-566,000	354,000	-596,000	231,000	472,000	297,000	-370,000	-474,000	-321,000	839,000	-136,000	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	463,000	-741,000	-1,106,000	1,083,000	-860,000	233,000	571,000	-758,000	15,000	721,000	1,297,000	-1,367,000	-1,316,000	100,000	-1,558,000	5,464,000	-1,353,000	828,000	977,000	-122,000	1,186,000	-77,000	303,000	-673,000	-67,000	-299,000	330,000	-212,000	-757,000	256,000	170,000	292,000	-423,000	210,000	-239,000	171,000	-238,000	735,000	-262,000	-229,000	-493,000	794,000	171,000	-211,000	-954,000	604,000	409,000	-469,000	88,000	140,000	93,000	-401,000	-824,000	-142,000	-989,000	1,719,000	-483,000	-889,000	-1,327,000	-432,000	2,185,000	670,000	-531,000	68,000	-136,000	669,000	890,000	-304,000	-592,000	1,208,000	451,000	-824,000	-146,000	110,000	1,176,000	256,000	-665,000	0	-	-	0	-	-	-
Change In Working Capital	1,836,000	-54,000	-446,000	670,000	850,000	665,000	576,000	-535,000	956,000	410,000	1,125,000	-1,521,000	-788,000	1,319,000	998,000	1,463,000	-441,000	941,000	455,000	-304,000	842,000	-5,000	298,000	-998,000	-24,000	-98,000	292,000	-525,000	-195,000	28,000	379,000	99,000	354,000	-27,000	142,000	284,000	-363,000	1,115,000	-521,000	-32,000	-93,000	810,000	25,000	-935,000	160,000	75,000	-93,000	-119,000	241,000	491,000	-71,000	116,000	-466,000	471,000	832,000	-594,000	-424,000	238,000	-835,000	-745,000	93,000	-222,000	-36,000	-237,000	-59,000	501,000	-186,000	-199,000	-204,000	-2,000	235,000	-16,000	516,000	-91,000	74,000	-73,000	92,000	0	-	-	0	-	-	-
Change Receivables	0	0	223,000	256,000	176,000	79,000	-128,000	-83,000	-160,000	-124,000	2,000	-238,000	864,000	-85,000	-118,000	-13,000	119,000	85,000	-5,000	125,000	-134,000	-143,000	-43,000	-78,000	-12,000	-277,000	-109,000	-59,000	27,000	-151,000	36,000	-62,000	17,000	-16,000	-94,000	-184,000	-77,000	-52,000	-150,000	-144,000	-129,000	101,000	-162,000	-77,000	9,000	-100,000	-32,000	-7,000	-121,000	18,000	191,000	-348,000	-65,000	71,000	-223,000	-267,000	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	-48,000	-155,000	223,000	256,000	211,000	79,000	-211,000	-238,000	-520,000	-124,000	-236,000	-238,000	216,000	-216,000	-118,000	-13,000	119,000	85,000	-5,000	125,000	-134,000	-143,000	-43,000	-78,000	-457,000	0	0	0	-150,000	0	0	0	-277,000	0	0	-184,000	-423,000	0	0	0	0	0	0	0	-130,000	0	0	-7,000	-260,000	0	0	-348,000	-484,000	0	0	-267,000	0	0	27,000	303,000	-136,000	0	103,000	33,000	-70,000	38,000	-33,000	-36,000	-96,000	98,000	7,000	-94,000	172,000	0	0	0	0	0	-	-	0	-	-	-
Change To Inventory	-242,000	38,000	-389,000	0	-401,000	102,000	0	401,000	1,295,000	0	0	-1,527,000	-1,249,000	0	0	3,464,000	0	0	0	-545,000	0	0	0	-465,000	0	0	0	0	-965,000	0	0	0	461,000	0	0	389,000	0	0	0	0	0	0	0	0	-257,000	0	0	175,000	327,000	0	0	75,000	554,000	0	0	-122,000	0	0	0	93,000	346,000	0	296,000	-479,000	47,000	-62,000	-20,000	-160,000	129,000	-10,000	0	0	118,000	0	0	0	0	0	-	-	0	-	-	-
Change To Liabilities	0	116,000	246,000	854,000	990,000	420,000	549,000	-629,000	758,000	790,000	119,000	-1,213,000	191,000	655,000	128,000	2,580,000	-648,000	889,000	286,000	-642,000	1,282,000	-88,000	-116,000	-905,000	-14,000	237,000	-40,000	-616,000	-660,000	255,000	630,000	266,000	222,000	1,013,000	-655,000	333,000	865,000	597,000	175,000	-2,000	-2,000	-137,000	-325,000	-657,000	618,000	671,000	-222,000	152,000	248,000	-73,000	141,000	-199,000	561,000	-120,000	290,000	-153,000	26,000	0	0	0	0	0	0	0	0	0	57,000	0	0	0	0	0	0	0	0	0	0	0	-	-	0	-	-	-
Change To Netincome	0	151,000	164,000	9,000	-129,000	80,000	60,000	194,000	6,000	-371,000	155,000	-73,000	-234,000	-273,000	-701,000	1,323,000	6,000	-119,000	-11,000	30,000	82,000	13,000	-14,000	142,000	307,000	-15,000	-10,000	62,000	40,000	58,000	-51,000	91,000	-79,000	-62,000	61,000	94,000	310,000	-45,000	24,000	35,000	-3,000	-74,000	-58,000	99,000	-201,000	161,000	9,000	322,000	22,000	214,000	-304,000	679,000	-187,000	626,000	-145,000	369,000	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 Operating Activities	0	-82,000	-345,000	546,000	308,000	865,000	404,000	34,000	761,000	448,000	1,380,000	-1,095,000	-1,038,000	1,011,000	190,000	2,989,000	-649,000	808,000	374,000	-252,000	978,000	16,000	188,000	-547,000	-265,000	61,000	279,000	227,000	648,000	-176,000	-243,000	-213,000	1,067,000	0	0	0	485,000	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	-	-	-
Depreciation	61,000	-44,000	-35,000	-35,000	-29,000	-7,000	8,000	-12,000	3,000	-25,000	60,000	60,000	57,000	54,000	49,000	47,000	51,000	41,000	45,000	46,000	46,000	45,000	51,000	56,000	58,000	55,000	58,000	63,000	61,000	60,000	62,000	65,000	63,000	62,000	57,000	66,000	61,000	64,000	66,000	63,000	64,000	59,000	58,000	58,000	57,000	58,000	54,000	56,000	49,000	-6,000	37,000	30,000	31,000	31,000	26,000	22,000	19,000	20,000	28,000	53,000	-539,000	314,000	189,000	240,000	231,000	117,000	253,000	179,000	146,000	139,000	221,000	180,000	66,000	146,000	0	0	0	0	-	-	0	-	-	-
Dividends Paid	-136,000	-139,000	141,000	134,000	133,000	135,000	137,000	129,000	127,000	129,000	126,000	129,000	122,000	125,000	128,000	122,000	124,000	127,000	129,000	124,000	126,000	127,000	131,000	122,000	123,000	124,000	127,000	117,000	118,000	122,000	124,000	115,000	117,000	119,000	122,000	107,000	107,000	108,000	111,000	100,000	101,000	103,000	105,000	92,000	93,000	73,000	77,000	62,000	54,000	55,000	57,000	46,000	216,000	47,000	46,000	45,000	46,000	44,000	37,000	37,000	38,000	37,000	34,000	34,000	35,000	35,000	36,000	27,000	26,000	27,000	27,000	28,000	80,000	0	0	0	0	0	-	-	0	-	-	-
End Period Cash Flow	7,564,000	7,991,000	8,732,000	9,838,000	8,755,000	9,615,000	9,382,000	8,811,000	9,569,000	9,554,000	8,833,000	7,536,000	8,903,000	10,219,000	10,119,000	11,677,000	6,213,000	7,566,000	6,738,000	5,761,000	5,883,000	4,697,000	4,774,000	4,471,000	5,144,000	5,211,000	5,510,000	5,180,000	2,318,000	3,075,000	2,819,000	2,649,000	2,357,000	2,780,000	2,570,000	2,809,000	2,638,000	2,876,000	2,141,000	2,403,000	2,632,000	3,125,000	2,331,000	2,160,000	2,371,000	3,325,000	2,721,000	2,312,000	2,781,000	2,693,000	2,553,000	2,460,000	2,861,000	3,685,000	3,827,000	4,816,000	3,097,000	3,580,000	4,469,000	5,796,000	6,228,000	4,043,000	3,373,000	3,904,000	3,836,000	3,972,000	3,303,000	2,413,000	2,717,000	3,309,000	2,101,000	1,650,000	2,474,000	2,620,000	2,510,000	1,334,000	1,078,000	1,743,000	-	-	0	-	-	-
Exchange Rate Changes	0	0	0	0	0	0	0	0	0	0	0	0	14,000	13,000	-1,000	-17,000	24,000	-17,000	-5,000	7,000	-5,000	-15,000	0	12,000	3,000	11,000	16,000	5,000	-22,000	-15,000	-26,000	-12,000	-9,000	-15,000	22,000	-19,000	-14,000	-21,000	11,000	3,000	7,000	17,000	1,000	-20,000	1,000	7,000	-5,000	7,000	0	-5,000	0	4,000	-1,000	7,000	-2,000	-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	-	-	-
Free Cash Flow	2,093,000	875,000	518,000	1,015,000	1,161,000	1,330,000	1,369,000	365,000	1,517,000	812,000	1,898,000	-1,022,000	-1,056,000	891,000	-223,000	4,864,000	-276,000	1,389,000	944,000	141,000	1,443,000	500,000	733,000	-241,000	485,000	390,000	691,000	-27,000	240,000	330,000	716,000	593,000	645,000	329,000	581,000	884,000	394,000	1,568,000	-90,000	414,000	221,000	1,169,000	349,000	-480,000	765,000	371,000	255,000	114,000	626,000	733,000	601,000	-32,000	77,000	565,000	1,152,000	110,000	-347,000	602,000	-1,017,000	-579,000	1,716,000	41,000	-23,000	143,000	42,000	664,000	-29,000	-138,000	-169,000	133,000	395,000	73,000	529,000	-67,000	175,000	167,000	418,000	0	-	-	0	-	-	-
Investments	-1,920,000	-1,396,000	-3,034,000	-3,360,000	-4,365,000	-4,463,000	-2,975,000	-1,760,000	-2,399,000	-430,000	8,000	-323,000	-319,000	-1,310,000	-818,000	-55,000	-2,443,000	-80,000	-1,141,000	-35,000	-261,000	-438,000	-452,000	107,000	-38,000	-220,000	26,000	226,000	-783,000	-523,000	-105,000	21,000	10,000	30,000	25,000	212,000	-41,000	79,000	364,000	198,000	-390,000	-260,000	133,000	247,000	2,989,000	823,000	356,000	-318,000	-506,000	-606,000	-128,000	-327,000	172,000	-754,000	101,000	873,000	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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-105,000	-23,000	715,000	-41,000	-44,000	446,000	-573,000	-65,000	-20,000	-115,000	-40,000	-34,000	-52,000	398,000	-789,000	-241,000	-66,000	-355,000	450,000	-50,000	-56,000	-87,000	-48,000	-98,000	-58,000	-77,000	-60,000	-88,000	399,000	-310,000	-104,000	-456,000	-130,000	-127,000	-89,000	-99,000	454,000	-406,000	-324,000	-199,000	592,000	0	-1,000	0	2,000	-7,000	0	-12,000	-3,000	8,000	94,000	-826,000	385,000	484,000	744,000	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	377,000	872,000	890,000	417,000	494,000	548,000	756,000	761,000	701,000	1,031,000	591,000	437,000	177,000	-140,000	-539,000	2,036,000	463,000	543,000	492,000	395,000	539,000	503,000	462,000	594,000	181,000	503,000	393,000	403,000	400,000	215,000	335,000	364,000	380,000	352,000	476,000	479,000	453,000	565,000	467,000	515,000	380,000	449,000	281,000	365,000	332,000	151,000	170,000	248,000	298,000	168,000	281,000	223,000	254,000	312,000	398,000	296,000	274,000	260,000	87,000	116,000	-369,000	-70,000	210,000	191,000	255,000	198,000	196,000	165,000	171,000	174,000	141,000	145,000	79,000	127,000	161,000	191,000	204,000	199,000	186,000	174,000	195,000	214,000	171,000	145,000
Other Cashflows From Financing Activities	1,220,000	467,000	1,896,000	3,946,000	2,844,000	4,244,000	2,677,000	1,691,000	2,160,000	1,050,000	148,000	296,000	704,000	763,000	-633,000	2,011,000	854,000	286,000	2,101,000	317,000	535,000	484,000	421,000	36,000	8,000	110,000	72,000	115,000	326,000	460,000	219,000	320,000	163,000	72,000	-467,000	-417,000	-121,000	-381,000	-207,000	-168,000	100,000	339,000	-209,000	259,000	-4,063,000	-205,000	288,000	59,000	218,000	362,000	523,000	34,000	-1,268,000	1,691,000	-1,368,000	44,000	-165,000	-100,000	2,898,000	2,361,000	1,181,000	-75,000	-141,000	-301,000	-255,000	-690,000	-1,185,000	-1,012,000	80,000	-899,000	-574,000	-1,058,000	255,000	-294,000	30,000	405,000	1,102,000	0	-	-	4,274,000	-	-	-
Other Cashflows From Investing Activities	0	155,000	203,000	255,000	-13,401,000	-144,000	88,000	139,000	-574,000	-3,000	-95,000	-464,000	-114,000	-170,000	-5,000	44,000	988,000	6,000	29,000	-415,000	68,000	-79,000	617,000	13,000	-18,000	-60,000	29,000	18,000	371,000	124,000	174,000	9,000	-53,000	-253,000	-351,000	-1,000	-478,000	-360,000	-41,000	-323,000	-232,000	-543,000	192,000	156,000	309,000	161,000	89,000	145,000	520,000	203,000	-353,000	301,000	64,000	-121,000	-1,113,000	-13,000	0	0	0	0	0	0	0	0	103,000	201,000	0	0	501,000	1,015,000	63,000	5,000	0	89,000	192,000	0	36,000	0	-	-	0	-	-	-
Other Non Cash Items	-92,000	59,000	-2,000	6,000	40,000	101,000	28,000	-3,000	13,000	-525,000	15,000	-71,000	18,000	-9,000	18,000	38,000	-272,000	36,000	16,000	7,000	5,000	14,000	-28,000	4,000	63,000	17,000	-11,000	-4,000	-46,000	17,000	4,000	23,000	-57,000	57,000	-113,000	-17,000	-69,000	-131,000	-107,000	-105,000	-85,000	-63,000	-6,000	-28,000	-13,000	104,000	67,000	14,000	154,000	44,000	294,000	-377,000	314,000	-403,000	-91,000	-69,000	-105,000	40,000	-331,000	-110,000	2,744,000	152,000	-477,000	-8,000	-245,000	-136,000	-228,000	-208,000	-270,000	-168,000	-131,000	-203,000	-54,000	-241,000	-27,000	37,000	210,000	0	-	-	0	-	-	-
Sale Purchase Of Stock	-467,000	-545,000	-498,000	-617,000	-488,000	-501,000	-448,000	-541,000	-563,000	-556,000	-441,000	-470,000	-405,000	-320,000	-236,000	-480,000	-551,000	-565,000	-442,000	-385,000	-438,000	-363,000	-404,000	-425,000	-324,000	-373,000	-352,000	-436,000	-388,000	-418,000	-420,000	-481,000	-448,000	-467,000	-432,000	-394,000	-386,000	-353,000	-381,000	-457,000	-378,000	-398,000	-401,000	-406,000	-373,000	-342,000	-374,000	-292,000	-262,000	-438,000	-402,000	-393,000	-193,000	-183,000	-191,000	-15,000	-2,000	869,000	869,000	-9,000	-2,000	-96,000	-263,000	-277,000	-287,000	-171,000	-144,000	-375,000	-52,000	-106,000	-42,000	-290,000	0	0	0	0	0	0	-	-	0	-	-	-
Stock Based Compensation	49,000	46,000	46,000	46,000	43,000	41,000	42,000	44,000	28,000	50,000	39,000	35,000	39,000	35,000	36,000	36,000	35,000	36,000	34,000	30,000	39,000	36,000	37,000	32,000	30,000	30,000	30,000	31,000	33,000	33,000	34,000	34,000	37,000	38,000	35,000	35,000	33,000	34,000	33,000	30,000	37,000	35,000	38,000	33,000	36,000	32,000	34,000	32,000	44,000	21,000	38,000	42,000	47,000	41,000	31,000	39,000	44,000	52,000	46,000	40,000	34,000	39,000	126,000	37,000	-49,000	0	0	35,000	52,000	-15,000	-6,000	6,000	0	0	0	0	0	0	-	-	0	-	-	-
Total Cash From Financing Activities	381,000	-322,000	1,190,000	3,162,000	2,217,000	3,606,000	2,089,000	518,000	1,464,000	360,000	-534,000	433,000	159,000	676,000	-511,000	628,000	150,000	-432,000	1,205,000	291,000	-59,000	-57,000	-583,000	-564,000	-499,000	-420,000	-432,000	-434,000	-563,000	340,000	-589,000	-319,000	-1,016,000	119,000	-516,000	-905,000	-99,000	-531,000	-506,000	-521,000	-99,000	411,000	-504,000	-114,000	-4,881,000	-758,000	-286,000	-417,000	-552,000	-185,000	-27,000	-347,000	-1,136,000	161,000	-1,127,000	759,000	106,000	-607,000	2,835,000	2,211,000	1,086,000	387,000	-438,000	-606,000	-596,000	-893,000	-1,382,000	-1,398,000	-645,000	-1,200,000	-671,000	-1,421,000	-1,125,000	908,000	19,000	405,000	1,094,000	0	-	-	4,274,000	-	-	-
Total Cash From Operating Activities	2,143,000	925,000	561,000	1,056,000	1,217,000	1,372,000	1,409,000	409,000	1,551,000	843,000	1,931,000	-1,000,000	-1,016,000	936,000	-190,000	4,893,000	-233,000	1,422,000	980,000	172,000	1,488,000	548,000	769,000	-208,000	522,000	443,000	730,000	6,000	266,000	360,000	724,000	621,000	669,000	371,000	619,000	913,000	418,000	1,617,000	-70,000	434,000	258,000	1,199,000	373,000	-466,000	622,000	415,000	293,000	175,000	727,000	793,000	643,000	15,000	120,000	599,000	1,185,000	131,000	-320,000	623,000	-997,000	-564,000	1,741,000	61,000	13,000	187,000	110,000	747,000	58,000	-70,000	-97,000	180,000	429,000	107,000	576,000	-27,000	202,000	194,000	449,000	0	-	-	0	-	-	-
Total Cashflows From Investing Activities	0	-1,322,000	-2,874,000	-3,146,000	-13,583,000	-4,649,000	-2,927,000	-1,665,000	-3,007,000	-464,000	-100,000	-809,000	-473,000	-1,525,000	-856,000	-40,000	-1,498,000	-107,000	-1,148,000	-481,000	-238,000	-565,000	129,000	87,000	-93,000	-333,000	16,000	211,000	-438,000	-429,000	61,000	2,000	-67,000	-265,000	-364,000	182,000	-543,000	-330,000	303,000	-145,000	-659,000	-833,000	301,000	389,000	3,304,000	940,000	407,000	-234,000	-87,000	-463,000	-523,000	-73,000	193,000	-909,000	-1,045,000	839,000	-6,433,000	-6,165,000	-5,266,000	0	15,000	627,000	381,000	487,000	4,495,000	4,181,000	3,370,000	1,162,000	3,523,000	3,390,000	1,170,000	488,000	0	0	290,000	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
Cost Of Revenue	-561,000	6,855,000	5,532,000	6,067,000	6,456,000	-89,000	-48,000	-39,000	-30,000	-28,000	-31,000	-42,000	1,604,000	1,827,000	141,000	-5,230,000	4,987,000	467,000	6,129,000	5,887,000	5,261,000	-	-	-
Depreciation And Amortization	-154,000	-40,000	98,000	207,000	183,000	198,000	234,000	248,000	248,000	254,000	239,000	225,000	110,000	110,000	120,000	933,000	780,000	686,000	295,000	0	0	-	-	-
Discontinued Operations	0	0	0	0	0	0	0	0	0	-2,000	-3,000	-2,000	-60,000	0	0	0	0	0	0	0	0	-	-	-
Ebit	0	3,380,000	2,968,000	1,548,000	953,000	2,818,000	2,469,000	1,872,000	2,434,000	2,520,000	2,138,000	1,682,000	1,795,000	1,721,000	1,935,000	-812,000	1,128,000	913,000	834,000	1,154,000	725,000	674,000	87,000	1,025,000
Ebitda	-154,000	3,340,000	3,066,000	1,755,000	1,136,000	3,016,000	2,703,000	2,120,000	2,682,000	2,774,000	2,377,000	1,907,000	1,905,000	1,831,000	2,055,000	121,000	1,908,000	1,599,000	1,129,000	1,154,000	725,000	674,000	87,000	1,025,000
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	-	-	-
Extraordinary Items	0	0	0	0	0	3,000	-286,000	0	0	0	0	0	0	0	0	0	0	0	16,000	0	0	-	-	-
Gross Profit	16,096,000	7,416,000	7,957,000	5,832,000	6,298,000	12,835,000	12,027,000	11,696,000	12,170,000	12,268,000	11,230,000	10,217,000	10,239,000	10,046,000	7,805,000	1,919,000	8,654,000	7,673,000	7,484,000	7,245,000	6,042,000	5,575,000	4,744,000	6,261,000
Income Before Tax	3,234,000	3,182,000	3,350,000	1,831,000	2,232,000	2,484,000	2,214,000	1,592,000	2,142,000	2,547,000	1,970,000	1,238,000	1,385,000	1,634,000	920,000	-371,000	1,016,000	797,000	745,000	1,173,000	941,000	-	-	-
Income Tax Expense	678,000	623,000	590,000	297,000	339,000	386,000	734,000	278,000	455,000	545,000	492,000	335,000	355,000	349,000	183,000	-333,000	202,000	166,000	187,000	308,000	-725,000	-674,000	-87,000	-1,025,000
Interest Expense	324,000	198,000	191,000	162,000	214,000	245,000	207,000	241,000	387,000	328,000	281,000	276,000	1,217,000	1,269,000	1,171,000	288,000	112,000	116,000	73,000	52,000	0	0	0	0
Interest Income	561,000	198,000	191,000	162,000	214,000	245,000	207,000	241,000	387,000	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-
Minority Interest	0	0	0	0	0	0	0	0	125,000	381,000	141,000	-128,000	-106,000	163,000	15,000	0	0	65,000	0	0	0	-	-	-
Net Income	2,556,000	3,149,000	3,417,000	1,534,000	1,893,000	2,098,000	1,480,000	1,314,000	1,562,000	1,619,000	1,334,000	1,029,000	1,076,000	1,122,000	722,000	-38,000	814,000	631,000	574,000	794,000	725,000	674,000	87,000	1,025,000
Net Income Applicable To Common Shares	0	2,559,000	2,760,000	1,534,000	1,893,000	2,098,000	1,480,000	1,314,000	1,562,000	1,619,000	1,334,000	1,029,000	1,076,000	1,097,000	722,000	0	814,000	631,000	558,000	865,000	738,000	-	-	-
Net Income From Continuing Ops	2,556,000	2,559,000	2,760,000	1,534,000	1,893,000	2,098,000	1,481,000	1,314,000	1,687,000	2,002,000	1,478,000	903,000	1,030,000	1,260,000	737,000	0	0	0	0	0	0	-	-	-
Net Interest Income	-324,000	-198,000	-191,000	-221,000	-350,000	-334,000	-255,000	-280,000	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-
Non Operating Income Net Other	0	0	0	0	213,000	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	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-
Operating Income	7,147,000	3,380,000	2,968,000	1,548,000	953,000	2,818,000	2,469,000	1,314,000	1,687,000	2,002,000	1,478,000	903,000	1,030,000	1,721,000	1,935,000	-812,000	1,128,000	913,000	834,000	1,154,000	725,000	674,000	87,000	1,025,000
Other Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-
Other Operating Expenses	12,301,000	11,089,000	10,139,000	10,068,000	10,522,000	10,351,000	9,813,000	10,104,000	10,028,000	9,721,000	9,229,000	8,979,000	8,854,000	8,412,000	7,026,000	2,290,000	7,638,000	7,343,000	6,739,000	6,072,000	5,317,000	4,901,000	4,657,000	5,236,000
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	-	-	-
Reconciled Depreciation	-154,000	-40,000	98,000	207,000	183,000	198,000	234,000	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	-	-	-
Selling And Marketing Expenses	5,078,000	4,923,000	5,015,000	4,059,000	3,810,000	3,637,000	3,399,000	3,202,000	3,276,000	3,236,000	3,036,000	2,698,000	2,497,000	2,431,000	1,782,000	1,948,000	0	0	0	0	0	-	-	-
Selling General Administrative	3,871,000	3,723,000	3,435,000	3,120,000	3,287,000	3,171,000	3,051,000	2,977,000	3,082,000	3,095,000	2,945,000	3,042,000	2,965,000	2,868,000	2,514,000	2,436,000	2,558,000	3,113,000	2,650,000	2,288,000	0	-	-	-
Tax Provision	678,000	623,000	590,000	297,000	339,000	386,000	734,000	278,000	455,000	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-
Total Operating Expenses	8,949,000	8,646,000	-10,521,000	-10,351,000	-11,801,000	10,106,000	9,711,000	9,968,000	9,641,000	9,393,000	8,948,000	8,703,000	8,428,000	7,753,000	6,350,000	7,232,000	7,150,000	6,767,000	6,291,000	-6,091,000	-5,317,000	-4,901,000	-4,657,000	-5,236,000
Total Other Income Expense Net	3,234,000	-198,000	382,000	283,000	1,279,000	1,249,000	1,010,000	1,095,000	1,260,000	1,466,000	1,035,000	795,000	863,000	885,000	722,000	828,000	7,591,000	7,208,000	6,505,000	6,222,000	0	-	-	-
Total Revenue	15,535,000	14,271,000	13,489,000	11,899,000	12,754,000	12,835,000	12,027,000	11,696,000	12,170,000	12,268,000	11,199,000	10,217,000	10,239,000	10,046,000	7,946,000	1,919,000	8,654,000	8,140,000	7,484,000	7,245,000	6,042,000	5,575,000	4,744,000	6,261,000

	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
Cost Of Revenue	2,336,000	1,790,000	1,830,000	1,719,000	1,883,000	1,758,000	85,000	213,000	1,847,000	-20,000	-23,000	658,000	-6,000	-10,000	-18,000	-25,000	-30,000	-34,000	-37,000	-35,000	-29,000	-24,000	-20,000	-16,000	-14,000	-12,000	-12,000	-10,000	-10,000	-12,000	-8,000	-9,000	-9,000	-7,000	-7,000	-7,000	-7,000	-7,000	-7,000	-7,000	-7,000	-8,000	-8,000	-8,000	-10,000	540,000	406,000	-11,000	521,000	12,000	11,000	397,000	479,000	655,000	-191,000	375,000	1,230,000	339,000	625,000	1,017,000	1,303,000	1,140,000	1,178,000	1,232,000	1,228,000	855,000	905,000	842,000	467,000	756,000	766,000	739,000	1,551,000	703,000	1,301,000	1,253,000	1,101,000	824,000	2,233,000	0	3,817,000	0	0	0
Depreciation And Amortization	61,000	-44,000	-35,000	-35,000	-29,000	-7,000	8,000	-12,000	3,000	-25,000	60,000	60,000	57,000	54,000	49,000	47,000	51,000	41,000	45,000	46,000	46,000	45,000	51,000	56,000	58,000	55,000	58,000	63,000	61,000	60,000	62,000	65,000	63,000	62,000	57,000	66,000	61,000	64,000	66,000	63,000	64,000	59,000	58,000	58,000	57,000	58,000	54,000	56,000	49,000	-6,000	37,000	30,000	31,000	31,000	26,000	22,000	19,000	20,000	28,000	53,000	-539,000	314,000	189,000	240,000	231,000	117,000	253,000	179,000	146,000	139,000	221,000	180,000	66,000	146,000	0	0	0	0	-	-	0	-	-	-
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	0	0	0	0	-1,000	0	0	-1,000	-2,000	1,000	-1,000	-1,000	1,000	-1,000	-1,000	-1,000	-58,000	2,000	-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
Ebit	700,000	789,000	1,030,000	603,000	681,000	737,000	1,144,000	963,000	908,000	1,506,000	764,000	2,236,000	234,000	-137,000	-467,000	2,422,000	614,000	727,000	683,000	558,000	745,000	662,000	648,000	763,000	667,000	692,000	575,000	535,000	560,000	302,000	471,000	539,000	548,000	613,000	650,000	623,000	627,000	661,000	612,000	620,000	487,000	612,000	509,000	530,000	553,000	299,000	433,000	397,000	463,000	425,000	498,000	364,000	-313,000	790,000	652,000	592,000	551,000	617,000	388,000	379,000	-566,000	-92,000	265,000	241,000	357,000	246,000	277,000	248,000	236,000	249,000	214,000	214,000	148,000	199,000	0	0	0	261,000	0	0	0	0	0	0
Ebitda	761,000	745,000	995,000	568,000	652,000	730,000	1,152,000	951,000	911,000	1,481,000	824,000	2,296,000	291,000	-83,000	-418,000	2,469,000	665,000	768,000	728,000	604,000	791,000	707,000	699,000	819,000	725,000	747,000	633,000	598,000	621,000	362,000	533,000	604,000	611,000	675,000	707,000	689,000	688,000	725,000	678,000	683,000	551,000	671,000	567,000	588,000	610,000	357,000	487,000	453,000	512,000	419,000	535,000	394,000	-282,000	821,000	678,000	614,000	570,000	637,000	416,000	432,000	-1,105,000	222,000	454,000	481,000	588,000	363,000	530,000	427,000	382,000	388,000	435,000	394,000	214,000	345,000	238,000	283,000	290,000	272,000	-	-	0	-	-	-
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
Extraordinary Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	16,000	0	0	0	0	0	0	0	0	0	0	0
Gross Profit	1,832,000	2,135,000	2,046,000	2,023,000	1,734,000	1,733,000	3,508,000	3,655,000	3,760,000	2,903,000	3,418,000	3,350,000	3,183,000	3,003,000	2,730,000	3,001,000	3,074,000	3,317,000	3,245,000	3,118,000	3,179,000	3,292,000	3,216,000	3,168,000	3,160,000	2,981,000	2,985,000	2,911,000	3,062,000	2,998,000	2,871,000	2,765,000	3,103,000	2,886,000	3,128,000	3,053,000	3,089,000	3,111,000	3,072,000	2,996,000	2,946,000	2,813,000	2,757,000	2,691,000	2,674,000	2,479,000	2,524,000	2,561,000	2,629,000	2,455,000	2,623,000	2,654,000	2,692,000	2,465,000	2,406,000	2,292,000	2,259,000	1,950,000	1,877,000	1,719,000	1,610,000	1,614,000	3,353,000	2,086,000	2,207,000	1,347,000	1,277,000	1,221,000	1,694,000	1,221,000	1,287,000	1,210,000	1,869,000	1,170,000	1,945,000	1,899,000	2,061,000	1,712,000	0	0	1,100,000	0	0	0
Income Before Tax	494,000	1,117,000	1,127,000	496,000	619,000	685,000	955,000	923,000	866,000	1,270,000	721,000	493,000	190,000	-184,000	-526,000	2,351,000	534,000	641,000	587,000	470,000	652,000	588,000	548,000	696,000	600,000	628,000	511,000	475,000	469,000	238,000	410,000	475,000	446,000	463,000	615,000	618,000	558,000	720,000	619,000	650,000	479,000	602,000	402,000	487,000	418,000	199,000	299,000	322,000	352,000	247,000	399,000	271,000	325,000	442,000	327,000	361,000	331,000	340,000	115,000	134,000	-641,000	-162,000	237,000	195,000	338,000	217,000	245,000	216,000	203,000	217,000	186,000	191,000	127,000	181,000	1,904,000	1,912,000	321,000	261,000	250,000	341,000	266,000	250,000	230,000	195,000
Income Tax Expense	117,000	245,000	237,000	79,000	125,000	137,000	199,000	162,000	165,000	239,000	130,000	56,000	13,000	-44,000	13,000	315,000	71,000	98,000	95,000	75,000	113,000	85,000	86,000	102,000	419,000	125,000	118,000	72,000	69,000	23,000	75,000	111,000	66,000	111,000	139,000	139,000	104,000	155,000	152,000	134,000	97,000	154,000	120,000	121,000	87,000	47,000	128,000	73,000	67,000	81,000	114,000	48,000	71,000	130,000	68,000	65,000	57,000	80,000	28,000	18,000	-272,000	-92,000	27,000	4,000	83,000	19,000	49,000	51,000	32,000	43,000	45,000	46,000	16,000	58,000	64,000	83,000	55,000	73,000	84,000	96,000	58,000	36,000	59,000	50,000
Interest Expense	84,000	84,000	84,000	72,000	62,000	52,000	44,000	40,000	42,000	64,000	43,000	42,000	38,000	37,000	41,000	46,000	50,000	52,000	59,000	53,000	64,000	50,000	80,000	51,000	53,000	52,000	52,000	50,000	81,000	52,000	53,000	55,000	116,000	98,000	89,000	84,000	91,000	79,000	79,000	79,000	87,000	68,000	60,000	66,000	67,000	286,000	291,000	275,000	143,000	296,000	298,000	282,000	664,000	316,000	280,000	313,000	257,000	277,000	265,000	231,000	75,000	70,000	28,000	46,000	19,000	29,000	32,000	32,000	33,000	32,000	28,000	23,000	21,000	16,000	19,000	17,000	482,000	627,000	648,000	0	1,489,000	0	0	0
Interest Income	176,000	151,000	131,000	561,000	62,000	52,000	3,000	2,000	2,000	64,000	43,000	42,000	38,000	37,000	41,000	46,000	50,000	52,000	59,000	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	-	-	-
Minority Interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	23,000	-45,000	61,000	86,000	444,000	145,000	-93,000	-115,000	84,000	67,000	-40,000	30,000	-57,000	-22,000	-53,000	4,000	45,000	-105,000	-28,000	-18,000	-26,000	-32,000	139,000	82,000	37,000	0	-8,000	0	0	0	0	0	0	0	0	0	65,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	377,000	872,000	890,000	417,000	494,000	548,000	756,000	761,000	701,000	1,031,000	591,000	437,000	177,000	-140,000	-539,000	2,036,000	463,000	543,000	492,000	395,000	539,000	503,000	462,000	594,000	181,000	503,000	393,000	403,000	400,000	215,000	335,000	364,000	357,000	397,000	415,000	393,000	425,000	420,000	374,000	400,000	296,000	382,000	321,000	335,000	389,000	173,000	223,000	244,000	253,000	273,000	309,000	241,000	280,000	344,000	259,000	214,000	237,000	260,000	87,000	130,000	-369,000	-70,000	210,000	191,000	255,000	198,000	196,000	165,000	171,000	174,000	141,000	145,000	111,000	125,000	155,000	183,000	235,000	199,000	186,000	174,000	195,000	214,000	171,000	145,000
Net Income Applicable To Common Shares	0	872,000	890,000	417,000	494,000	548,000	756,000	761,000	701,000	1,031,000	591,000	437,000	177,000	-140,000	-539,000	2,036,000	463,000	543,000	492,000	395,000	539,000	503,000	462,000	594,000	181,000	503,000	393,000	403,000	400,000	215,000	335,000	364,000	357,000	397,000	415,000	393,000	425,000	420,000	374,000	400,000	296,000	382,000	321,000	335,000	389,000	173,000	223,000	244,000	253,000	273,000	309,000	241,000	280,000	344,000	259,000	214,000	237,000	260,000	95,000	130,000	0	-210,000	210,000	191,000	255,000	198,000	196,000	165,000	171,000	174,000	141,000	145,000	111,000	123,000	149,000	175,000	226,000	188,000	166,000	245,000	208,000	214,000	171,000	145,000
Net Income From Continuing Ops	377,000	872,000	890,000	417,000	494,000	548,000	756,000	761,000	701,000	1,031,000	591,000	437,000	177,000	-140,000	-539,000	2,036,000	463,000	543,000	492,000	395,000	539,000	503,000	462,000	594,000	181,000	503,000	393,000	404,000	398,000	215,000	335,000	366,000	380,000	352,000	476,000	479,000	454,000	565,000	467,000	516,000	382,000	448,000	282,000	366,000	331,000	152,000	171,000	249,000	356,000	166,000	285,000	223,000	254,000	312,000	398,000	296,000	0	260,000	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
Net Interest Income	-84,000	-84,000	-84,000	-72,000	-62,000	-52,000	-189,000	-181,000	-42,000	-67,000	-45,000	-47,000	-44,000	-47,000	-59,000	-71,000	-80,000	-86,000	-96,000	-88,000	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	-	-	-
Non Operating Income Net Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	213,000	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	-	-	-
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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	761,000	745,000	995,000	603,000	681,000	737,000	1,144,000	963,000	908,000	1,506,000	764,000	2,236,000	-6,308,237	-137,000	-467,000	2,422,000	614,000	727,000	683,000	558,000	745,000	662,000	648,000	763,000	667,000	692,000	575,000	535,000	1,314,000	302,000	471,000	539,000	1,687,000	352,000	476,000	479,000	2,002,000	565,000	467,000	516,000	1,478,000	448,000	282,000	366,000	903,000	152,000	171,000	249,000	1,030,000	166,000	285,000	364,000	-8,857,000	790,000	652,000	592,000	-6,748,000	617,000	388,000	379,000	-8,949,000	-92,000	265,000	241,000	357,000	246,000	277,000	248,000	1,992,000	249,000	214,000	214,000	148,000	199,000	238,000	283,000	290,000	272,000	1,239,000	0	2,430,000	0	0	0
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
Other Operating Expenses	820,000	2,808,000	2,749,000	3,246,000	2,998,000	2,806,000	2,553,000	2,732,000	2,894,000	1,633,000	2,697,000	2,857,000	2,993,000	3,187,000	3,238,000	650,000	2,540,000	2,676,000	2,658,000	2,648,000	2,527,000	2,704,000	2,648,000	2,472,000	2,560,000	2,353,000	2,474,000	2,426,000	2,593,000	2,760,000	2,461,000	2,290,000	2,657,000	2,423,000	2,513,000	2,435,000	2,531,000	2,391,000	2,453,000	2,346,000	2,467,000	2,211,000	2,347,000	2,204,000	2,256,000	2,280,000	2,225,000	2,239,000	2,277,000	2,220,000	2,235,000	2,383,000	2,367,000	2,023,000	2,079,000	1,931,000	1,928,000	1,610,000	1,762,000	1,585,000	2,251,000	1,776,000	3,116,000	1,891,000	1,869,000	1,985,000	1,937,000	1,847,000	1,958,000	1,760,000	1,867,000	1,758,000	1,742,000	1,692,000	707,000	671,000	1,740,000	1,451,000	0	0	0	0	0	0
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	-	-	-
Reconciled Depreciation	-40,000	-44,000	-35,000	-35,000	-29,000	-7,000	8,000	-12,000	3,000	-25,000	60,000	60,000	57,000	54,000	49,000	47,000	51,000	41,000	45,000	46,000	46,000	45,000	51,000	56,000	58,000	55,000	58,000	63,000	61,000	60,000	62,000	65,000	63,000	62,000	57,000	66,000	61,000	64,000	66,000	63,000	64,000	59,000	58,000	58,000	57,000	58,000	54,000	56,000	49,000	-6,000	37,000	30,000	31,000	31,000	26,000	22,000	19,000	20,000	28,000	53,000	-539,000	314,000	189,000	240,000	231,000	117,000	253,000	179,000	146,000	139,000	221,000	180,000	66,000	146,000	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
Selling And Marketing Expenses	1,307,000	1,297,000	1,248,000	1,226,000	1,195,000	1,195,000	1,236,000	1,297,000	1,322,000	1,285,000	1,233,000	1,175,000	1,096,000	1,028,000	940,000	995,000	991,000	971,000	948,000	900,000	910,000	920,000	902,000	905,000	894,000	850,000	832,000	823,000	831,000	798,000	803,000	770,000	816,000	806,000	835,000	819,000	827,000	813,000	810,000	786,000	793,000	757,000	760,000	726,000	702,000	667,000	663,000	666,000	2,497,000	624,000	643,000	716,000	2,431,000	611,000	621,000	525,000	1,782,000	466,000	425,000	383,000	1,948,000	473,000	517,000	541,000	76,000	24,000	25,000	27,000	0	0	0	0	0	0	0	0	0	0	-	-	0	-	-	-
Selling General Administrative	1,017,000	950,000	967,000	937,000	957,000	925,000	894,000	947,000	960,000	822,000	830,000	823,000	828,000	763,000	776,000	753,000	839,000	820,000	823,000	805,000	792,000	802,000	788,000	789,000	807,000	753,000	739,000	752,000	756,000	731,000	763,000	727,000	794,000	744,000	792,000	752,000	775,000	757,000	805,000	758,000	764,000	704,000	747,000	730,000	760,000	731,000	776,000	775,000	2,965,000	725,000	750,000	885,000	2,868,000	702,000	716,000	621,000	2,514,000	625,000	610,000	585,000	1,284,000	667,000	567,000	585,000	44,000	855,000	905,000	842,000	852,000	756,000	766,000	739,000	655,000	703,000	651,000	641,000	598,000	560,000	0	0	0	0	0	0
Tax Provision	117,000	245,000	237,000	79,000	125,000	137,000	199,000	162,000	165,000	239,000	130,000	56,000	13,000	-44,000	13,000	315,000	71,000	98,000	95,000	75,000	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	-	-	-
Total Operating Expenses	820,000	745,000	-2,881,000	2,163,000	6,093,000	2,120,000	2,553,000	-2,692,000	8,450,000	1,791,000	1,716,000	1,998,000	-681,000	763	3,197,000	604,000	2,703,000	2,624,000	2,599,000	2,595,000	2,463,000	2,654,000	2,568,000	2,421,000	2,532,000	2,329,000	2,449,000	2,401,000	2,617,000	2,708,000	2,408,000	2,235,000	2,541,000	2,325,000	2,424,000	2,351,000	2,440,000	2,312,000	2,374,000	2,267,000	2,380,000	2,143,000	2,287,000	2,138,000	2,189,000	2,201,000	2,143,000	2,170,000	2,160,000	2,058,000	2,139,000	2,071,000	2,167,000	1,814,000	1,926,000	1,846,000	1,502,000	1,561,000	1,731,000	1,556,000	1,971,000	1,778,000	1,708,000	1,775,000	1,830,000	1,807,000	1,816,000	1,697,000	2,505,000	1,393,000	1,451,000	1,418,000	2,355,000	1,279,000	1,351,000	1,306,000	-1,771,000	-1,440,000	0	0	0	0	0	0
Total Other Income Expense Net	-84,000	127,000	132,000	-107,000	-62,000	-52,000	-189,000	-40,000	123,000	113,000	75,000	71,000	-700,000	340,000	270,000	373,000	338,000	347,000	316,000	278,000	299,000	358,000	284,000	308,000	277,000	210,000	267,000	256,000	263,000	330,000	248,000	254,000	321,000	296,000	354,000	289,000	355,000	392,000	379,000	340,000	317,000	247,000	249,000	222,000	226,000	161,000	202,000	195,000	264,000	195,000	1,408,000	196,000	214,000	180,000	190,000	255,000	201,000	76,000	99,000	167,000	-441,000	241,000	3,085,000	1,821,000	1,869,000	1,956,000	1,939,000	1,827,000	1,922,000	1,733,000	1,824,000	1,729,000	1,641,000	1,671,000	1,666,000	1,629,000	1,797,000	1,450,000	0	0	0	0	0	0
Total Revenue	4,168,000	3,925,000	3,876,000	3,742,000	3,617,000	3,491,000	3,508,000	3,655,000	3,760,000	2,903,000	3,418,000	3,350,000	3,183,000	3,003,000	2,712,000	3,001,000	3,074,000	3,317,000	3,245,000	3,118,000	3,179,000	3,292,000	3,196,000	3,168,000	3,160,000	2,981,000	2,985,000	2,901,000	3,062,000	2,998,000	2,871,000	2,765,000	3,103,000	2,886,000	3,128,000	3,053,000	3,089,000	3,111,000	3,072,000	2,996,000	2,946,000	2,813,000	2,749,000	2,691,000	2,674,000	2,479,000	2,524,000	2,561,000	2,629,000	2,467,000	2,634,000	2,654,000	2,692,000	2,465,000	2,406,000	2,292,000	2,259,000	1,950,000	1,877,000	1,719,000	1,610,000	1,614,000	3,353,000	2,086,000	2,207,000	2,202,000	2,182,000	2,063,000	2,161,000	1,977,000	2,053,000	1,949,000	1,869,000	1,873,000	1,945,000	1,899,000	2,061,000	1,712,000	1,689,000	1,783,000	1,754,000	1,587,000	1,556,000	1,464,000

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

Gross Profit (+$)
totalRevenue	15,535,000
Cost of Revenue	--561,000
Gross Profit	16,096,000	16,096,000

Operating Income (+$)
Gross Profit	16,096,000
Operating Expense	-8,949,000
Operating Income	7,147,000	7,147,000

Operating Expense (+$)
Research Development	0
Selling General Administrative	3,871,000
Selling And Marketing Expenses	5,078,000
Operating Expense	8,949,000	8,949,000

Net Interest Income (+$)
Interest Income	561,000
Interest Expense	-324,000
Other Finance Cost	-561,000
Net Interest Income	-324,000

Pretax Income (+$)
Operating Income	7,147,000
Net Interest Income	-324,000
Other Non-Operating Income Expenses	0
Income Before Tax (EBT)	3,234,000	3,913,000 EBIT - interestExpense = -324,000 3,234,000 2,880,000
Interest Expense	324,000
Earnings Before Interest and Taxes (EBIT)	0	3,558,000
Earnings Before Interest and Taxes (EBITDA)	-154,000

After tax Income (+$)
Income Before Tax	3,234,000
Tax Provision	-678,000
Net Income From Continuing Ops	2,556,000	2,556,000
Net Income	2,556,000
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	12,301,000
Total Other Income/Expenses Net	3,234,000	324,000

Technical Analysis of Ameriprise
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 Ameriprise. The general trend of Ameriprise is BULLISH with 57.1% 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 Ameriprise'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 (57.1%)		Bearish trend (-57.1%)
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 Ameriprise Financial Inc.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 440.67.

The bearish price targets are: 402.33 > 390.03 > 385.76.

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Ameriprise Financial Inc 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 Ameriprise Financial Inc. The current mas is .

The long score for the Moving Averages is 11/14.
The longshort score for the Moving Averages is 8/(-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 higher than the MA 200. +1
MA 50 trending up: The MA 50 is trending up. +1
Close < MA 50: The price is below the MA 50. -1
MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
MA 100 trending up: The MA 100 is trending up. +1
Close > MA 100: The price is above the MA 100. +1
MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
MA 200 trending up: The MA 200 is trending up. +1
Close > MA 200: The price is above 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.

Ameriprise Financial Inc Daily Moving Averages Chart

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 Ameriprise Financial Inc. The current macd is -2.83780464.

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 Ameriprise price going down in the near term. -2
MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Ameriprise. 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 Ameriprise 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

Ameriprise Financial Inc 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 Ameriprise Financial Inc. The current adx is 26.18.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -4/(-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 Ameriprise shares, leading to potential downward momentum in its price. -1
PLUS_ID < MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bearish trend. The ADX is trending up, so the bearish trend is strengthening.

Ameriprise Financial Inc 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 Ameriprise Financial Inc. The current sar is 423.85.

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

Ameriprise Financial Inc Daily Parabolic SAR Chart

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 Ameriprise Financial Inc. The current rsi is 41.88. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
Trending down: The RSI is trending down. -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.

Ameriprise Financial Inc 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 Ameriprise Financial Inc. The current phase is Correction in bull market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -4/(-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 below the STOCH %D 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 Ameriprise price going down in the near term. -2
Trending down: The STOCH %K is trending down. -1

Ameriprise Financial Inc 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 Ameriprise Financial Inc. The current cci is -80.98011152.

Ameriprise Financial Inc 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 Ameriprise Financial Inc. The current cmo is -22.03755905.

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

Ameriprise Financial Inc 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 Ameriprise Financial Inc. The current willr is -77.61635728.

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 Ameriprise is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.

Ameriprise Financial Inc Daily Williams %R Chart

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 Ameriprise Financial Inc.

Ameriprise Financial Inc Daily Bollinger Bands Chart

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 Ameriprise Financial Inc. The current atr is 8.28003599.

Ameriprise Financial Inc 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 Ameriprise Financial Inc. The current obv is 797,840.

Ameriprise Financial Inc 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 Ameriprise Financial Inc. The current mfi is 43.66.

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

Ameriprise Financial Inc Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

Type	Notification	Date
Currently no notifications for Ameriprise Financial Inc.

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
2023-12-06	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
2023-12-07	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-08	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
2023-12-11	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-12-13	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-14	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-12-15	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-19	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-20	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2023-12-21	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2023-12-22	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-28	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	MFI	LONG ENTRY	SHORT CLOSE	80 crossover to upside
2023-12-29	STOCH	LONG EXIT		The %K line crosses below the %D line.
	MFI	SHORT ENTRY	LONG CLOSE	80 crossover to downside
2024-01-05	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-08	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-01-09	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).
2024-01-10	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-01-11	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-12	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
2024-01-16	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2024-01-18	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-19	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-01-22	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.
2024-01-24	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-25	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
2024-01-29	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-30	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-31	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-01	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
2024-02-02	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-06	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-07	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-09	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	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
2024-02-13	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.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-15	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.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-02-20	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-22	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	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.
	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).
	MFI	LONG ENTRY	SHORT CLOSE	80 crossover to upside
2024-02-26	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-27	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-28	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-29	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
	MFI	SHORT ENTRY	LONG CLOSE	80 crossover to downside
2024-03-01	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 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.
	MFI	LONG ENTRY	SHORT CLOSE	80 crossover to upside
2024-03-07	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-08	MFI	SHORT ENTRY	LONG CLOSE	80 crossover to downside
2024-03-11	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
2024-03-13	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-03-14	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-15	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
2024-03-18	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
2024-03-20	STOCH	LONG EXIT		The %K line crosses below the %D line.
	MFI	LONG ENTRY	SHORT CLOSE	80 crossover to upside
2024-03-22	MFI	SHORT ENTRY	LONG CLOSE	80 crossover to downside
2024-03-25	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-03-26	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-27	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-04-01	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-04-03	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-04-04	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-04-05	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-09	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-04-10	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-04-11	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-04-12	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).
2024-04-15	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-22	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-04-23	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.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	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).
2024-04-24	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-25	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2024-04-26	STOCH	LONG EXIT		The %K line crosses below the %D line.

6.3. Candlestick Patterns

Ameriprise Financial Inc Daily Candlestick Chart

Date	Candlestick Pattern

6.4. Technical Score

Let's check the technical score of Ameriprise Financial Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	41.878
Ma 20	Greater than	Ma 50	421.088
Ma 50	Greater than	Ma 100	417.857
Ma 100	Greater than	Ma 200	398.797
Open	Greater than	Close	408.570
Total			3/5 (60.0%)

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Quick analysis of Ameriprise (30 sec.)

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

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1. Valuation of Ameriprise (5 min.)

$410.01

$44.74

$426.77 - $1,901.74

$471.51 - $1,946.48

2. Growth of Ameriprise (5 min.)

Is Ameriprise growing?

How much money is Ameriprise making?

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

3. Financial Health of Ameriprise (5 min.)

4. Comparing to competitors in the Asset Management industry (5 min.)

Industry Rankings (Asset Management)

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

What can you expect buying and holding a share of Ameriprise?

Speculation

Investing

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Fundamentals of Ameriprise

About Ameriprise Financial Inc

Financial Health

Valuation

1.1. Profitability of Ameriprise Financial Inc.

1.1. Profitability

1.1.1. Net Profit Margin

Trends

Compared to industry (Asset Management)

1.1.2. Return on Assets

Trends

Compared to industry (Asset Management)

1.1.3. Return on Equity

Trends

Compared to industry (Asset Management)

1.2. Operating Efficiency of Ameriprise Financial Inc.

1.2. Operating Efficiency

1.2.1. Operating Margin

Trends

Compared to industry (Asset Management)

1.2.2. Operating Ratio

Trends

Compared to industry (Asset Management)

1.3. Liquidity of Ameriprise Financial Inc.

1.3. Liquidity

1.3.1. Current Ratio

Trends

Compared to industry (Asset Management)

1.3.2. Quick Ratio

Trends

Compared to industry (Asset Management)

1.4. Solvency of Ameriprise Financial Inc.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Trends

Compared to industry (Asset Management)

1.4.2. Debt to Equity Ratio

Trends

Compared to industry (Asset Management)

2. Market Valuation of Ameriprise Financial Inc

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

Trends

Compared to industry (Asset Management)

Ameriprise Financial Inc
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