American Water Works
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Let's analyse American Water Works together

Penke I guess you are interested in American Water Works. 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 American Water Works. 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 American Water Works (30 sec.)

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

How much money do you get?

$2.73

When do you have the money?

1 year

How often do you get paid?

100.0%

What is your share worth?

Current worth

$50.24

Expected worth in 1 year

$60.99

How sure are you?

95.0%

+ What do you gain per year?

Total Gains per Share

$13.48

Return On Investment

11.1%

For what price can you sell your share?

Current Price per Share

$121.36

Expected price per share

$112.94 - $124.34

How sure are you?

50%

1. Valuation of American Water Works (5 min.)

Live pricePrice per Share (EOD)

$121.36

Book Value per Share

$50.24

Intrinsic Value Per Share

$-84.60 - $-34.19

Total Value Per Share

$-34.36 - $16.05

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

The following numbers are based on moving averages and per share and per quarter.
I use a 6% discount rate for the low estimation and 3% for the high estimation.
The current Free Cash Flow Per Share is 10Y: ($-0.51) 3Y: ($-1.11) TTM: ($-1.10)
The change per quarter (trend) of the Free Cash Flow Per Share is 10Y: ($-0.02) 3Y: ($-0.09) TTM: ($0.10)

Years	Total Low est.	Total High est.	Added Free Cash Flow
1	$-5.17	$-2.24	$-5.92 - $-2.43
2	$-11.38	$-4.80	$-7.38 - $-2.83
3	$-18.49	$-7.64	$-8.84 - $-3.22
4	$-26.39	$-10.76	$-10.30 - $-3.62
5	$-34.95	$-14.13	$-11.77 - $-4.01
6	$-44.09	$-17.73	$-13.23 - $-4.41
7	$-53.70	$-21.55	$-14.69 - $-4.80
8	$-63.70	$-25.58	$-16.16 - $-5.19
9	$-74.03	$-29.80	$-17.62 - $-5.59
10	$-84.60	$-34.19	$-19.08 - $-5.98

2. Growth of American Water Works (5 min.)

Is American Water Works growing?

	Current year	Previous year	Grow	Grow %
How rich?	$9.7b	$7.6b	$2.1b	21.7%

How much money is American Water Works making?

	Current year	Previous year	Grow	Grow %
Making money	$236m	$205m	$31m	13.1%
Net Profit Margin	22.0%	21.3%	-	-

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

Quarterly Yearly

3. Financial Health of American Water Works (5 min.)

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

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

What can you expect buying and holding a share of American Water Works?

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

Speculation

The Price per Share of American Water Works is $121.36. 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 American Water Works.
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 American Water Works, 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 $50.24. Based on the TTM, the Book Value Change Per Share is $2.69 per quarter. Based on the YOY, the Book Value Change Per Share is $0.51 per quarter.
You may receive quarterly/yearly dividend in the form of additional shares.
You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.68 per quarter.

Based on historical numbers we can estimate the returns while holding a share of American Water Works.

How much money are you going to get?

	MRQ		TTM		YOY		5Y		10Y
	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share
Usd Eps	0.88	0.7%	1.21	1.0%	1.05	0.9%	1.12	0.9%	0.86	0.7%
Usd Book Value Change Per Share	-0.51	-0.4%	2.69	2.2%	0.51	0.4%	1.01	0.8%	0.65	0.5%
Usd Dividend Per Share	0.70	0.6%	0.68	0.6%	0.60	0.5%	0.56	0.5%	0.45	0.4%
Usd Total Gains Per Share	0.19	0.2%	3.37	2.8%	1.11	0.9%	1.56	1.3%	1.10	0.9%
Usd Price Per Share	131.99	-	136.27	-	149.22	-	140.89	-	105.17	-
Price to Earnings Ratio	37.63	-	30.79	-	39.03	-	36.98	-	-79.41	-
Price-to-Total Gains Ratio	695.62	-	220.16	-	219.45	-	238.57	-	157.56	-
Price to Book Ratio	2.63	-	2.73	-	3.82	-	3.83	-	3.19	-
Price-to-Total Gains Ratio	695.62	-	220.16	-	219.45	-	238.57	-	157.56	-

When do you get the money?

Usd Investment	$.00
Usd Price Per Share	121.36
Number of shares	8

Gains per Quarter	Trailing 12 Months	5 Year
Usd Dividend Per Share	0.68	0.56
Usd Book Value Change Per Share	2.69	1.01
Usd Total Gains Per Share	3.37	1.56
Gains per Quarter (8 shares)	26.96	12.51
Gains per Year (8 shares)	107.86	50.04

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	22	86	98	18	32	40
2	44	172	206	36	64	90
3	65	258	314	53	97	140
4	87	344	422	71	129	190
5	109	430	530	89	161	240
6	131	516	638	107	193	290
7	153	602	746	125	226	340
8	175	688	854	142	258	390
9	196	774	962	160	290	440
10	218	860	1070	178	322	490

How sure are you?

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

Linear %

	Trailing 12 Months				3Y				5 Year				10 Year				ALLTIME
				%				%				%				%				%
Earnings Per Share	4.0	0.0	0.0	100.0%	12.0	0.0	0.0	100.0%	20.0	0.0	0.0	100.0%	39.0	1.0	0.0	97.5%	115.0	6.0	1.0	94.3%
Book Value Change Per Share	3.0	1.0	0.0	75.0%	10.0	2.0	0.0	83.3%	16.0	4.0	0.0	80.0%	32.0	8.0	0.0	80.0%	100.0	20.0	2.0	82.0%
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%	115.0	0.0	7.0	94.3%
Total Gains per Share	4.0	0.0	0.0	100.0%	12.0	0.0	0.0	100.0%	20.0	0.0	0.0	100.0%	38.0	2.0	0.0	95.0%	112.0	8.0	2.0	91.8%

Fundamentals of American Water Works

About American Water Works

https://www.amwater.com
6500
1 Water Street, Camden, NJ, United States, 08102-1658
Google Maps Bing Maps

American Water Works Company, Inc., through its subsidiaries, provides water and wastewater services in the United States. It offers water and wastewater services to approximately 1,700 communities in 14 states serving approximately 3.5 million active customers. The company serves residential customers; commercial customers, including food and beverage providers, commercial property developers and proprietors, and energy suppliers; fire service and private fire customers; industrial customers, such as large-scale manufacturers, mining, and production operations; public authorities comprising government buildings and other public sector facilities, such as schools and universities; and other utilities and community water and wastewater systems. It also provides water and wastewater services on military installations; and undertakes contracts with municipal customers, primarily to operate and manage water and wastewater facilities, as well as offers other related services. In addition, the company operates approximately 80 surface water treatment plants; 540 groundwater treatment plants; 175 wastewater treatment plants; 53,700 miles of transmission, distribution, and collection mains and pipes; 1,200 groundwater wells; 1,700 water and wastewater pumping stations; 1,100 treated water storage facilities; and 74 dams. The company was founded in 1886 and is headquartered in Camden, New Jersey.

Fundamental data was last updated by Penke on 2024-04-13 06:33:03.

Financial Health

Profitability Details

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

Operating Efficiency Details

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

Liquidity Details

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

Solvency Details

	Compared to previous year	Compared to industry
The company is able to pay all its debts by selling its assets.
The company is just not able to pay all its debts with equity.

Valuation

Valuation Details

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

1.1. Profitability of American Water Works.

1.1. Profitability

1.1.1. Net Profit Margin

Measures how much net profit American Water Works earns for each $1 of revenue.

Above 10% is considered healthy but always compare American Water Works to the Utilities - Regulated Water industry mean.
A Net Profit Margin of 16.6% means that $0.17 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of American Water Works:

The MRQ is 16.6%. The company is making a huge profit. +2
The TTM is 22.0%. The company is making a huge profit. +2

Trends

Current period		Compared to		+/-
MRQ	16.6%	TTM	22.0%	-5.4%
TTM	22.0%	YOY	21.3%	+0.7%
TTM	22.0%	5Y	22.2%	-0.2%
5Y	22.2%	10Y	18.2%	+4.0%

Measures how much net profit American Water Works earns for each $1 of revenue.

Revenue is the amount of profit American Water Works 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 American Water Works 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 American Water Works to the Utilities - Regulated Water industry mean.
Can be used to compare companies within the Utilities - Regulated Water industry.

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

Why do investors use net profit margin in their analysis

It helps investors to determine the efficiency of American Water Works. If profit margins remain low (compared to the Utilities - Regulated Water 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 American Water Works is 0.17. This means that American Water Works earned $0.17 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Net Profit Margin of the Utilities - Regulated Water industry is .
What is the trend?
The trend is important because it shows you how American Water Works is performing over time. The most recent quarter might be important if American Water Works 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 American Water Works 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 American Water Works with other companies in the same industry (Utilities - Regulated Water).
Net profit margin should rise over the years.
Can be influenced when American Water Works sells assets (profit will increase while costs remain the same).
It won’t show what part of American Water Works 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 American Water Works

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 American Water Works = 171,000
Total revenue MRQ American Water Works = 1,032,000
$171,000 / $1,032,000 = 0.17 or 16.6%

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 American Water Works is using its assets to generate profit.

Above 5% is considered healthy but always compare American Water Works to the Utilities - Regulated Water industry mean.
0.6% Return on Assets means that American Water Works generated $0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of American Water Works:

The MRQ is 0.6%. Using its assets, the company is inefficient in making profit. -1
The TTM is 0.8%. Using its assets, the company is inefficient in making profit. -1

Trends

Current period		Compared to		+/-
MRQ	0.6%	TTM	0.8%	-0.2%
TTM	0.8%	YOY	0.8%	+0.0%
TTM	0.8%	5Y	0.8%	0.0%
5Y	0.8%	10Y	0.8%	+0.1%

Shows how efficient American Water Works 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 American Water Works to the Utilities - Regulated Water 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 American Water Works is using its resources to generate profit. If the return on assets (0.6%) from American Water Works are higher than the Utilities - Regulated Water mean () that means American Water Works 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 American Water Works is 0.6%. This means the company generated $0.01 for each $1 in assets.
How does it compare to the industry?
The mean MRQ Return on Assets of the Utilities - Regulated Water industry is .
What is the trend?
The trend is important because it shows you how American Water Works is performing over time. The most recent quarter might be important if American Water Works 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 American Water Works 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 American Water Works

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

Income statement
Balance sheet

Net income MRQ (income statement) from American Water Works = 171,000
Total assets MRQ (balance sheet) from American Water Works = 30,298,000
171,000 / 30,298,000 = 0.01 or 0.6%

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

Above 15%-20% is considered healthy but always compare American Water Works to the Utilities - Regulated Water industry mean.
1.7% Return on Equity means American Water Works generated $0.02 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of American Water Works:

The MRQ is 1.7%. Using its investors money, the company is inefficient in making profit. -1
The TTM is 2.4%. Using its investors money, the company is inefficient in making profit. -1

Trends

Current period		Compared to		+/-
MRQ	1.7%	TTM	2.4%	-0.7%
TTM	2.4%	YOY	2.7%	-0.3%
TTM	2.4%	5Y	3.0%	-0.6%
5Y	3.0%	10Y	2.6%	+0.4%

Shows how efficient American Water Works 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 American Water Works to the Utilities - Regulated Water industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on equity in their analysis

To find out the owners/management's attitude toward their company. You typically want the owners/management to invest in the company and focus on generating profit. If not enough profit is generated (compared to the Utilities - Regulated Water 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 American Water Works is 1.7%. This means American Water Works generated $0.02 for each $1 the owners (shareholders) invested.
How does it compare to the industry?
The mean MRQ Return on Equity of the Utilities - Regulated Water industry is .
What is the trend?
The trend is important because it shows you how American Water Works is performing over time. The most recent quarter might be important if American Water Works 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 American Water Works up to 10 years back (depending if American Water Works 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 American Water Works

You need the following data to determine ROE:

Income statement
Balance sheet
Net profit MRQ (income statement) American Water Works = 171,000
Shareholders equity (balance sheet) MRQ American Water Works = 9,797,000
171,000 / 9,797,000 = 0.02 or 1.7%

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 American Water Works.

1.2. Operating Efficiency

1.2.1. Operating Margin

Measures how efficient American Water Works is operating .

Measures how much profit American Water Works 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 American Water Works to the Utilities - Regulated Water industry mean.
An Operating Margin of 32.6% means the company generated $0.33 for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of American Water Works:

The MRQ is 32.6%. The company is operating very efficient. +2
The TTM is 37.9%. The company is operating very efficient. +2

Trends

Current period		Compared to		+/-
MRQ	32.6%	TTM	37.9%	-5.3%
TTM	37.9%	YOY	33.2%	+4.7%
TTM	37.9%	5Y	33.7%	+4.2%
5Y	33.7%	10Y	33.6%	+0.1%

Measures how efficient American Water Works 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 American Water Works to the Utilities - Regulated Water 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 American Water Works 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 American Water Works is 32.6%. This means that American Water Works earned $0.33 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Margin of the Utilities - Regulated Water industry is .
What is the trend?
The trend is important because it shows you how American Water Works is performing over time. The most recent quarter might be important if American Water Works 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 American Water Works 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 American Water Works

You need the following data to determine operating margin:

Income statement
Operating earnings MRQ American Water Works = 299,000
Total revenue MRQ American Water Works = 1,032,000
$299,000 / $1,032,000 = 0.33 or 32.6%

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 American Water Works is keeping operating costs low.

Below 1 is considered healthy (always compare to Utilities - Regulated Water industry mean).
An Operation Ratio of 0.71 means that the operating costs are $0.71 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of American Water Works:

The MRQ is 0.710. The company is efficient in keeping operating costs low. +1
The TTM is 0.648. The company is efficient in keeping operating costs low. +1

Trends

Current period		Compared to		+/-
MRQ	0.710	TTM	0.648	+0.062
TTM	0.648	YOY	0.668	-0.020
TTM	0.648	5Y	0.672	-0.024
5Y	0.672	10Y	0.668	+0.003

Measures how efficient American Water Works 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 American Water Works to the Utilities - Regulated Water 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 American Water Works is 71.0%. This means that American Water Works earned $0.71 for each $1 in net sales in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Ratio of the Utilities - Regulated Water industry is .
What is the trend?
The trend is important because it shows you how American Water Works is performing over time. The most recent quarter might be important if American Water Works 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 American Water Works 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 American Water Works

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
(472,000 +261,000) \ 1,032,000 = 0.71

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 American Water Works.

1.3. Liquidity

1.3.1. Current Ratio

Measures if American Water Works is able to pay off Short-term Debt.

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

Let's take a look of the Current Ratio trends of American Water Works:

The MRQ is 0.646. The company is unable to pay all its short-term debts. -2
The TTM is 0.879. The company is just not able to pay all its short-term debts. -1

Trends

Current period		Compared to		+/-
MRQ	0.646	TTM	0.879	-0.233
TTM	0.879	YOY	0.507	+0.372
TTM	0.879	5Y	0.689	+0.190
5Y	0.689	10Y	0.572	+0.116

Measures if American Water Works is able to pay off Short-term Debt.

How to use current ratio

Higher is better
Above 1.5 is considered healthy (always compare to Utilities - Regulated Water 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 American Water Works 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 American Water Works is 0.65. This means American Water Works has $0.65 in assets for each $1 in short-term debts.
How does it compare to the industry?
The mean MRQ Current Ratio of the Utilities - Regulated Water industry is .
What is the trend?
The trend is important because it shows you how American Water Works is performing over time. The most recent quarter might be important if American Water Works 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 American Water Works 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 American Water Works

You need the following data to determine operating ratio:

Balance sheet
Current ratio = current assets \ current liabilities
1,389,000 \ 2,151,000) = 0.65

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

Above 1 is considered healthy but always compare American Water Works to the Utilities - Regulated Water industry mean.
A Quick Ratio of 0.52 means the company can pay off $0.52 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of American Water Works:

The MRQ is 0.520. The company is just not able to pay all its short-term debts with the most liquid assets. -1
The TTM is 0.698. The company is just not able to pay all its short-term debts with the most liquid assets. -1

Trends

Current period		Compared to		+/-
MRQ	0.520	TTM	0.698	-0.177
TTM	0.698	YOY	0.364	+0.333
TTM	0.698	5Y	0.559	+0.139
5Y	0.559	10Y	0.457	+0.103

Measures if American Water Works 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 American Water Works to the Utilities - Regulated Water 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 American Water Works can pay off its short term debts. This shows if American Water Works 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 American Water Works is 0.52. This means that American Water Works can pay off $0.52 for each $1 in debt (using most liquid assets).
How does it compare to the industry?
The mean MRQ Quick Ratio of the Utilities - Regulated Water industry is .
What is the trend?
The trend is important because it shows you how American Water Works is performing over time. The most recent quarter might be important if American Water Works 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 American Water Works 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 American Water Works

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 American Water Works: (330,000 + 62,000 +727,000) / 2,151,000 = 0.52

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 American Water Works.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Measures how much % of American Water Works assets are financed with debt.

Below 1 (100%) is considered healthy but always compare American Water Works to Utilities - Regulated Water industry mean.
A Debt to Asset Ratio of 0.68 means that American Water Works assets are financed with 67.7% credit (debt) and the remaining percentage (100% - 67.7%) is financed by its owners/shareholders.

Let's take a look of the Debt to Asset Ratio trends of American Water Works:

The MRQ is 0.677. The company is able to pay all its debts by selling its assets. +1
The TTM is 0.670. The company is able to pay all its debts by selling its assets. +1

Trends

Current period		Compared to		+/-
MRQ	0.677	TTM	0.670	+0.007
TTM	0.670	YOY	0.715	-0.046
TTM	0.670	5Y	0.715	-0.045
5Y	0.715	10Y	0.711	+0.004

Measures how much % of American Water Works assets are financed with debt.

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

How to use debt to asset ratio

Lower is better.
below 1 (100%) is considered healthy but always compare American Water Works to Utilities - Regulated Water 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 American Water Works is 0.68. This means means that American Water Works is financed with 67.7% credit and the remaining percentage is financed by it's owners (shareholders).
How does it compare to the industry?
The mean MRQ Current Ratio of the Utilities - Regulated Water industry is .
What is the trend?
The trend is important because it shows you how American Water Works is performing over time. The most recent quarter might be important if American Water Works 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 American Water Works 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 American Water Works has so much debt.

How to calculate debt to asset ratio

Debt to asset ratio = total debt \ total assets

Real life example American Water Works

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

Balance sheet
Debt to asset ratio = total debt \ total assets
20,501,000 \ 30,298,000 = 67.7% or 0.68.

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 American Water Works is able to pay off its debts by using shareholders equity.

Below 2 is considered healthy but always compare American Water Works to the Utilities - Regulated Water industry mean.
A Debt to Equity ratio of 209.3% means that company has $2.09 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of American Water Works:

The MRQ is 2.093. The company is just not able to pay all its debts with equity.
The TTM is 2.027. The company is just not able to pay all its debts with equity.

Trends

Current period		Compared to		+/-
MRQ	2.093	TTM	2.027	+0.065
TTM	2.027	YOY	2.516	-0.489
TTM	2.027	5Y	2.529	-0.502
5Y	2.529	10Y	2.477	+0.052

Measures if American Water Works 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 American Water Works 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 American Water Works is 2.09. This means that American Water Works can pay off $2.09 for each $1 in debt.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Utilities - Regulated Water industry is .
What is the trend?
The trend is important because it shows you how American Water Works is performing over time. The most recent quarter might be important if American Water Works 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 American Water Works 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 American Water Works

You need the following data to determine equity ratio:

Balance sheet
Debt to equity ratio = total debt \ shareholders equity
20,501,000 \ 9,797,000 = 2.09 or 209.3%

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 American Water Works

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 American Water Works generates.

Above 15 is considered overpriced but always compare American Water Works to the Utilities - Regulated Water industry mean.
A PE ratio of 37.63 means the investor is paying $37.63 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of American Water Works:

The EOD is 34.598. Based on the earnings, the company is overpriced. -1
The MRQ is 37.629. Based on the earnings, the company is overpriced. -1
The TTM is 30.785. Based on the earnings, the company is overpriced. -1

Trends

Current period		Compared to		+/-
EOD	34.598	MRQ	37.629	-3.030
MRQ	37.629	TTM	30.785	+6.843
TTM	30.785	YOY	39.028	-8.242
TTM	30.785	5Y	36.979	-6.194
5Y	36.979	10Y	-79.408	+116.387

Measures how much money you pay for each share for every $1 in earnings American Water Works 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 American Water Works to the Utilities - Regulated Water 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 American Water Works is 37.63. This means the investor is paying $37.63 for every $1 in earnings.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Utilities - Regulated Water industry is .
What is the trend?
The trend is important because it shows you how American Water Works is performing over time. The most recent quarter might be important if American Water Works 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 American Water Works 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 American Water Works

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 \ 195,000 = EPS
PE ratio MRQ = 37.63

* 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 American Water Works:

The EOD is -18.782. Based on how much money comes from the company's main activities, the company is expensive. -2
The MRQ is -20.427. Based on how much money comes from the company's main activities, the company is expensive. -2
The TTM is -72.665. Based on how much money comes from the company's main activities, the company is expensive. -2

Trends

Current period		Compared to		+/-
EOD	-18.782	MRQ	-20.427	+1.645
MRQ	-20.427	TTM	-72.665	+52.238
TTM	-72.665	YOY	-37.548	-35.117
TTM	-72.665	5Y	-49.996	-22.668
5Y	-49.996	10Y	-52.356	+2.359

2. Book Value per Share

2.3. Price to Book Ratio

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

At or below 1 is considered healthy (always compare to Utilities - Regulated Water industry mean).
A PB ratio of 2.63 means the investor is paying $2.63 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of American Water Works:

The EOD is 2.416. Based on the equity, the company is underpriced. +1
The MRQ is 2.627. Based on the equity, the company is underpriced. +1
The TTM is 2.731. Based on the equity, the company is underpriced. +1

Trends

Current period		Compared to		+/-
EOD	2.416	MRQ	2.627	-0.212
MRQ	2.627	TTM	2.731	-0.104
TTM	2.731	YOY	3.820	-1.089
TTM	2.731	5Y	3.831	-1.099
5Y	3.831	10Y	3.195	+0.636

2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of American Water Works.

3.1. Institutions holding American Water Works

Institutions are holding 91.581% of the shares of American Water Works.

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2023-12-31	Vanguard Group Inc	12.3367	0.0693	24023349	-49152	-0.2042
2023-12-31	BlackRock Inc	9.4468	0.0619	18395742	461399	2.5727
2023-12-31	State Street Corporation	5.6557	0.0707	11013329	264986	2.4654
2023-12-31	Pictet Asset Manangement SA	3.1026	0.8796	6041697	459561	8.2327
2023-12-31	Impax Asset Management Group PLC	2.8703	2.9588	5589339	-35420	-0.6297
2023-12-31	Amundi	2.598	0.3017	5059031	356141	7.5728
2023-12-31	Royal Bank of Canada	2.502	0.1502	4872077	-153082	-3.0463
2023-12-31	Geode Capital Management, LLC	2.2147	0.0594	4312750	91520	2.1681
2023-12-31	Goldman Sachs Group Inc	2.1534	0.0497	4193298	2418764	136.3042
2023-12-31	Northern Trust Corp	1.7215	0.0801	3352185	-239754	-6.6748
2023-12-31	Legal & General Group PLC	1.7187	0.1134	3346878	372348	12.5179
2023-12-31	Amvescap Plc.	1.5754	0.0964	3067799	236177	8.3407
2023-12-31	Morgan Stanley - Brokerage Accounts	1.4775	0.0335	2877151	252280	9.6111
2023-12-31	Bank of America Corp	1.3456	0.0348	2620270	-48496	-1.8172
2023-12-31	UBS Asset Mgmt Americas Inc	1.2115	0.1225	2359145	167522	7.6437
2023-12-31	Allspring Global Investments Holdings, LLC	1.0874	0.4633	2117550	117170	5.8574
2023-12-31	NORGES BANK	1.0718	0.0481	2087101	238761	12.9176
2023-12-31	DZ BANK AG Deutsche Zentral-Genossenschaftsbank Frankfurt am Main	0.9275	0.2963	1806146	1633389	945.4835
2023-12-31	Deutsche Bank AG	0.8261	0.1083	1608629	-2065667	-56.2194
2023-12-31	AllianceBernstein L.P.	0.7944	0.0786	1546851	30553	2.015
Total		56.6376	6.0766	110290317	+4509000	+4.1%

3.2. Funds holding American Water Works

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2024-02-29	Vanguard Total Stock Mkt Idx Inv	3.1504	0.0469	6134690	-11785	-0.1917
2024-02-29	Vanguard Institutional 500 Index Trust	2.4963	0.0539	4861136	48081	0.999
2024-02-29	Vanguard Mid Cap Index Institutional	2.2343	0.3221	4350818	-11506	-0.2638
2024-02-29	Utilities Select Sector SPDR® ETF	1.3429	2.527	2614969	75468	2.9718
2024-01-31	Impax Water Strategy Composite	1.3371	4.1606	2603759	143124	5.8165
2024-01-31	Pictet-Water I EUR	1.2571	3.4745	2447898	559484	29.6272
2024-01-31	Fidelity 500 Index	1.1871	0.0592	2311686	23657	1.0339
2024-02-29	SPDR® S&P 500 ETF Trust	1.1677	0.0537	2273932	14260	0.6311
2024-01-31	Pictet - Global Envir Opps I USD	1.1516	3.4067	2242560	13859	0.6218
2024-02-29	iShares Core S&P 500 ETF	1.0402	0.0538	2025661	6148	0.3044
2024-02-29	Allspring Special Mid Cap Value Inst	0.8847	1.5976	1722750	27250	1.6072
2023-12-31	Allspring Special US Mid Cap Value Eq	0.8707	1.7826	1695500	90100	5.6123
2024-02-29	Vanguard Value Index Inv	0.8362	0.119	1628293	5577	0.3437
2024-02-29	Vanguard Mid-Cap Value ETF	0.7383	0.608	1437722	-41109	-2.7798
2024-01-31	BNP Paribas Aqua C C	0.6837	4.1697	1331432	86312	6.932
2024-01-31	Impax Leaders Strategy Composite	0.6686	2.3693	1302009	88890	7.3274
2024-02-29	iShares Global Water ETF USD Dist	0.6615	6.8808	1288201	-3647	-0.2823
2024-02-29	Vanguard Institutional Index I	0.659	0.0537	1283195	-3919	-0.3045
2024-01-31	BNP Paribas Aqua I	0.6529	4.1513	1271425	58328	4.8082
2024-02-29	Vanguard Utilities ETF	0.6058	2.2542	1179579	-4509	-0.3808
Total		23.6261	38.1446	46007215	+1164063	+2.5%

3.3. Insider Transactions

Insiders are holding 0.124% of the shares of American Water Works.

Date	Owner	Type	Amount	Price
2024-03-04	Melanie M Kennedy	SELL	843	119.59
2023-11-06	Michael Marberry	BUY	3786	130.2
2023-08-28	Martha Clark Goss	BUY	56	141.07
2023-05-18	Michael Marberry	BUY	1400	142.35
2023-05-01	Michael Marberry	BUY	150	147.1

4. Summary

4.1. Key Performance Indicators

The key performance indicators of American Water Works 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	-	-	-0.513	2.688	-119%	0.507	-201%	1.007	-151%	0.649	-179%
Book Value Per Share	-	-	50.241	49.937	+1%	39.114	+28%	37.637	+33%	32.285	+56%
Current Ratio	-	-	0.646	0.879	-27%	0.507	+27%	0.689	-6%	0.572	+13%
Debt To Asset Ratio	-	-	0.677	0.670	+1%	0.715	-5%	0.715	-5%	0.711	-5%
Debt To Equity Ratio	-	-	2.093	2.027	+3%	2.516	-17%	2.529	-17%	2.477	-16%
Dividend Per Share	-	-	0.703	0.682	+3%	0.599	+17%	0.557	+26%	0.448	+57%
Eps	-	-	0.877	1.210	-28%	1.052	-17%	1.118	-22%	0.862	+2%
Free Cash Flow Per Share	-	-	-1.615	-1.103	-32%	-1.684	+4%	-0.893	-45%	-0.510	-68%
Free Cash Flow To Equity Per Share	-	-	-1.292	0.421	-407%	-0.400	-69%	-0.006	-100%	0.126	-1129%
Gross Profit Margin	-	-	1.000	1.000	0%	1.000	0%	1.000	0%	1.000	0%
Intrinsic Value_10Y_max	-	-	-34.189	-	-	-	-	-	-	-	-
Intrinsic Value_10Y_min	-	-	-84.600	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_max	-	-	-2.243	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_min	-	-	-5.171	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_max	-	-	-7.641	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_min	-	-	-18.492	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_max	-	-	-14.125	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_min	-	-	-34.951	-	-	-	-	-	-	-	-
Market Cap	23643597920.000	-9%	25738050000.000	26565156195.000	-3%	29071338840.000	-11%	27452018853.000	-6%	20491495609.500	+26%
Net Profit Margin	-	-	0.166	0.220	-25%	0.213	-22%	0.222	-25%	0.182	-9%
Operating Margin	-	-	0.326	0.379	-14%	0.332	-2%	0.337	-3%	0.336	-3%
Operating Ratio	-	-	0.710	0.648	+10%	0.668	+6%	0.672	+6%	0.668	+6%
Pb Ratio	2.416	-9%	2.627	2.731	-4%	3.820	-31%	3.831	-31%	3.195	-18%
Pe Ratio	34.598	-9%	37.629	30.785	+22%	39.028	-4%	36.979	+2%	-79.408	+311%
Price Per Share	121.360	-9%	131.990	136.265	-3%	149.220	-12%	140.890	-6%	105.172	+25%
Price To Free Cash Flow Ratio	-18.782	+8%	-20.427	-72.665	+256%	-37.548	+84%	-49.996	+145%	-52.356	+156%
Price To Total Gains Ratio	639.600	-9%	695.623	220.162	+216%	219.450	+217%	238.571	+192%	157.558	+342%
Quick Ratio	-	-	0.520	0.698	-25%	0.364	+43%	0.559	-7%	0.457	+14%
Return On Assets	-	-	0.006	0.008	-29%	0.008	-26%	0.008	-33%	0.008	-25%
Return On Equity	-	-	0.017	0.024	-28%	0.027	-35%	0.030	-42%	0.026	-33%
Total Gains Per Share	-	-	0.190	3.371	-94%	1.106	-83%	1.564	-88%	1.098	-83%
Usd Book Value	-	-	9797000000.000	9735500000.000	+1%	7620250000.000	+29%	7333850000.000	+34%	6290580900.000	+56%
Usd Book Value Change Per Share	-	-	-0.513	2.688	-119%	0.507	-201%	1.007	-151%	0.649	-179%
Usd Book Value Per Share	-	-	50.241	49.937	+1%	39.114	+28%	37.637	+33%	32.285	+56%
Usd Dividend Per Share	-	-	0.703	0.682	+3%	0.599	+17%	0.557	+26%	0.448	+57%
Usd Eps	-	-	0.877	1.210	-28%	1.052	-17%	1.118	-22%	0.862	+2%
Usd Free Cash Flow	-	-	-315000000.000	-215000000.000	-32%	-328000000.000	+4%	-174050000.000	-45%	-99325175.000	-68%
Usd Free Cash Flow Per Share	-	-	-1.615	-1.103	-32%	-1.684	+4%	-0.893	-45%	-0.510	-68%
Usd Free Cash Flow To Equity Per Share	-	-	-1.292	0.421	-407%	-0.400	-69%	-0.006	-100%	0.126	-1129%
Usd Market Cap	23643597920.000	-9%	25738050000.000	26565156195.000	-3%	29071338840.000	-11%	27452018853.000	-6%	20491495609.500	+26%
Usd Price Per Share	121.360	-9%	131.990	136.265	-3%	149.220	-12%	140.890	-6%	105.172	+25%
Usd Profit	-	-	171000000.000	236000000.000	-28%	205000000.000	-17%	217850000.000	-22%	167928000.000	+2%
Usd Revenue	-	-	1032000000.000	1058500000.000	-3%	948000000.000	+9%	967150000.000	+7%	890501425.000	+16%
Usd Total Gains Per Share	-	-	0.190	3.371	-94%	1.106	-83%	1.564	-88%	1.098	-83%
	EOD	+3 -5	MRQ	TTM	+8 -27	YOY	+17 -18	5Y	+11 -24	10Y	+18 -17

4.2. Fundamental Score

Let's check the fundamental score of American Water Works based on Penke's default stock scanner.

Penke's Stock Scanner

Indicator	Condition		Value
Price to Earnings Ratio (EOD)	Between	0-15	34.598
Price to Book Ratio (EOD)	Between	0-1	2.416
Net Profit Margin (MRQ)	Greater than	0	0.166
Operating Margin (MRQ)	Greater than	0	0.326
Quick Ratio (MRQ)	Greater than	1	0.520
Current Ratio (MRQ)	Greater than	1	0.646
Debt to Asset Ratio (MRQ)	Less than	1	0.677
Debt to Equity Ratio (MRQ)	Less than	1	2.093
Return on Equity (MRQ)	Greater than	0.15	0.017
Return on Assets (MRQ)	Greater than	0.05	0.006
Total			3/10 (30.0%)

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4.3. Technical Score

Let's check the technical score of American Water Works based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	57.502
Ma 20	Greater than	Ma 50	118.877
Ma 50	Greater than	Ma 100	119.125
Ma 100	Greater than	Ma 200	124.147
Open	Greater than	Close	118.790
Total			1/5 (20.0%)

Create your own Symbol Scanner

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Latest Balance Sheet

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

Summary

Total Assets	30,298,000
Total Liabilities	20,501,000
Total Stockholder Equity	9,797,000

	As reported
Total Liabilities	20,501,000
Total Stockholder Equity	+ 9,797,000
Total Assets	= 30,298,000

Assets

Total Assets	30,298,000
Total Current Assets	1,389,000
Long-term Assets	28,909,000

Total Current Assets

Total Current Assets (as reported)	1,389,000
Cash And Cash Equivalents	330,000
Short-term Investments	62,000
Net Receivables	727,000
Inventory	112,000
Other Current Assets	186,000
Total Current Assets (calculated)	1,417,000
+/-	28,000

Long-term Assets

Long-term Assets (as reported)	28,909,000
Property Plant Equipment	25,524,000
Goodwill	1,143,000
Long-term Assets Other	416,000
Long-term Assets (calculated)	27,083,000
+/-	1,826,000

Liabilities & Shareholders' Equity

Total Current Liabilities	2,151,000
Long-term Liabilities	18,350,000
Total Stockholder Equity	9,797,000

Total Current Liabilities

Total Current Liabilities (as reported)	2,151,000
Short-term Debt	654,000
Short Long Term Debt	654,000
Accounts payable	294,000
Other Current Liabilities	252,000
Total Current Liabilities (calculated)	1,854,000
+/-	297,000

Long-term Liabilities

Long-term Liabilities (as reported)	18,350,000
Long term Debt	11,715,000
Capital Lease Obligations	73,000
Long-term Liabilities Other	1,747,000
Long-term Liabilities (calculated)	13,535,000
+/-	4,815,000

Total Stockholder Equity

Total Stockholder Equity (as reported)	9,797,000
Common Stock	2,000
Retained Earnings	1,659,000
Accumulated Other Comprehensive Income	-26,000
Other Stockholders Equity	8,159,000
Total Stockholder Equity (calculated)	9,794,000
+/-	3,000

Other

Capital Stock	2,000
Cash and Short Term Investments	330,000
Common Stock Shares Outstanding	195,000
Current Deferred Revenue	951,000
Liabilities and Stockholders Equity	30,298,000
Net Debt	12,112,000
Net Invested Capital	22,166,000
Net Working Capital	-762,000
Property Plant and Equipment Gross	32,275,000
Short Long Term Debt Total	12,442,000

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

2002-09-30

2002-06-30

2002-03-31

2001-12-31

2001-09-30

2001-06-30

2001-03-31

2000-12-31

2000-09-30

2000-06-30

2000-03-31

1999-12-31

1999-09-30

1999-06-30

1999-03-31

1998-12-31

1998-09-30

1998-06-30

1998-03-31

1997-12-31

1997-09-30

1997-06-30

1997-03-31

1996-12-31

1996-09-30

1996-06-30

1996-03-31

1995-12-31

1995-09-30

1995-06-30

1995-03-31

1994-12-31

1994-09-30

1994-06-30

1994-03-31

1993-12-31

1993-09-30

1993-06-30

1993-03-31

1992-12-31

1992-09-30

1992-06-30

1992-03-31

1991-12-31

1991-09-30

1991-06-30

1991-03-31

1990-12-31

1990-09-30

1990-06-30

1990-03-31

1989-12-31

1989-09-30

1989-06-30

1989-03-31

1988-12-31

1988-09-30

1988-06-30

1988-03-31

1987-12-31

1987-09-30

1987-06-30

1987-03-31

1986-12-31

1986-09-30

1986-06-30

1986-03-31

1985-12-31

1985-09-30

> Total Assets

0
1,383,000
0
0
0
1,498,000
0
0
0
1,615,600
0
0
0
1,737,100
0
0
1,858,000
1,916,300
1,942,600
1,986,900
2,043,000
2,092,600
2,116,800
2,154,200
2,198,000
2,240,500
2,258,700
2,310,700
2,343,600
2,415,800
2,624,700
2,705,000
2,929,800
2,994,000
3,006,400
3,061,100
3,117,900
3,206,700
3,228,800
3,289,000
3,374,400
3,403,100
3,839,600
3,889,900
3,957,100
4,032,200
4,061,500
4,148,600
4,216,200
4,314,300
4,378,000
4,481,800
4,585,500
4,708,300
4,750,100
5,692,000
5,778,000
5,952,206
6,030,738
6,104,101
6,074,954
6,134,798
6,189,938
6,289,578
6,358,675
6,607,099
7,643,083
7,524,932
7,614,572
11,847,045
0
0
0
12,783,059
0
0
12,299,176
12,934,072
12,268,004
12,526,682
12,780,732
13,231,818
12,907,244
13,190,049
13,345,709
13,452,651
13,540,562
13,773,516
13,983,675
14,079,773
14,128,807
14,347,216
14,538,733
14,776,391
14,087,739
14,412,761
14,599,535
14,718,976
14,769,216
14,977,377
15,228,446
15,069,533
15,274,821
15,426,447
15,715,647
16,130,956
16,263,531
16,732,332
17,105,173
17,241,000
17,417,000
17,706,000
17,971,000
18,482,000
18,610,000
18,966,000
19,361,000
19,482,000
19,728,000
20,471,000
20,880,000
21,223,000
21,464,000
21,854,000
22,238,000
22,682,000
23,546,000
24,009,000
24,394,000
24,766,000
24,525,000
24,952,000
25,333,000
26,075,000
25,694,000
26,574,000
27,126,000
27,787,000
28,286,000
29,496,000
29,818,000
30,298,000

30,298,000

29,818,000

29,496,000

28,286,000

27,787,000

27,126,000

26,574,000

25,694,000

26,075,000

25,333,000

24,952,000

24,525,000

24,766,000

24,394,000

24,009,000

23,546,000

22,682,000

22,238,000

21,854,000

21,464,000

21,223,000

20,880,000

20,471,000

19,728,000

19,482,000

19,361,000

18,966,000

18,610,000

18,482,000

17,971,000

17,706,000

17,417,000

17,241,000

17,105,173

16,732,332

16,263,531

16,130,956

15,715,647

15,426,447

15,274,821

15,069,533

15,228,446

14,977,377

14,769,216

14,718,976

14,599,535

14,412,761

14,087,739

14,776,391

14,538,733

14,347,216

14,128,807

14,079,773

13,983,675

13,773,516

13,540,562

13,452,651

13,345,709

13,190,049

12,907,244

13,231,818

12,780,732

12,526,682

12,268,004

12,934,072

12,299,176

12,783,059

11,847,045

7,614,572

7,524,932

7,643,083

6,607,099

6,358,675

6,289,578

6,189,938

6,134,798

6,074,954

6,104,101

6,030,738

5,952,206

5,778,000

5,692,000

4,750,100

4,708,300

4,585,500

4,481,800

4,378,000

4,314,300

4,216,200

4,148,600

4,061,500

4,032,200

3,957,100

3,889,900

3,839,600

3,403,100

3,374,400

3,289,000

3,228,800

3,206,700

3,117,900

3,061,100

3,006,400

2,994,000

2,929,800

2,705,000

2,624,700

2,415,800

2,343,600

2,310,700

2,258,700

2,240,500

2,198,000

2,154,200

2,116,800

2,092,600

2,043,000

1,986,900

1,942,600

1,916,300

1,858,000

1,737,100

1,615,600

1,498,000

1,383,000

> Total Current Assets

0
123,000
0
0
0
130,400
0
0
0
117,400
0
0
0
118,900
0
0
130,800
123,800
130,300
133,100
141,000
131,900
141,300
144,200
142,100
132,700
135,500
149,700
140,900
150,600
128,500
178,400
195,300
189,700
184,600
179,600
192,900
170,600
177,800
175,700
187,400
164,400
182,900
196,900
205,500
167,300
164,400
179,200
182,800
172,900
199,500
203,000
212,500
211,800
213,300
292,500
284,300
278,681
266,123
307,159
282,708
277,696
252,251
296,516
335,368
330,588
348,684
390,487
409,254
0
0
0
0
412,441
0
0
0
430,354
414,874
458,672
497,224
417,675
420,588
495,705
516,471
499,127
497,228
590,113
627,399
534,307
1,305,539
1,493,214
1,479,461
1,397,659
589,109
606,374
642,525
499,447
491,850
545,840
613,220
550,390
687,994
707,635
756,961
661,369
729,019
890,085
879,009
657,000
638,000
691,000
801,000
784,000
767,000
808,000
860,000
720,000
729,000
833,000
800,000
781,000
691,000
741,000
799,000
1,285,000
1,801,000
1,896,000
1,967,000
1,906,000
1,466,000
1,570,000
1,590,000
1,554,000
853,000
1,018,000
1,017,000
1,250,000
1,338,000
1,989,000
1,804,000
1,389,000

1,389,000

1,804,000

1,989,000

1,338,000

1,250,000

1,017,000

1,018,000

853,000

1,554,000

1,590,000

1,570,000

1,466,000

1,906,000

1,967,000

1,896,000

1,801,000

1,285,000

799,000

741,000

691,000

781,000

800,000

833,000

729,000

720,000

860,000

808,000

767,000

784,000

801,000

691,000

638,000

657,000

879,009

890,085

729,019

661,369

756,961

707,635

687,994

550,390

613,220

545,840

491,850

499,447

642,525

606,374

589,109

1,397,659

1,479,461

1,493,214

1,305,539

534,307

627,399

590,113

497,228

499,127

516,471

495,705

420,588

417,675

497,224

458,672

414,874

430,354

412,441

409,254

390,487

348,684

330,588

335,368

296,516

252,251

277,696

282,708

307,159

266,123

278,681

284,300

292,500

213,300

211,800

212,500

203,000

199,500

172,900

182,800

179,200

164,400

167,300

205,500

196,900

182,900

164,400

187,400

175,700

177,800

170,600

192,900

179,600

184,600

189,700

195,300

178,400

128,500

150,600

140,900

149,700

135,500

132,700

142,100

144,200

141,300

131,900

141,000

133,100

130,300

123,800

130,800

118,900

117,400

130,400

123,000

Cash And Cash Equivalents

0
33,700
0
0
0
28,400
0
0
0
19,900
0
0
0
18,500
0
0
9,100
11,900
11,300
5,700
8,600
13,600
19,400
5,900
8,500
10,200
15,100
11,800
8,000
29,100
9,000
34,700
40,000
53,400
47,200
21,300
38,400
31,500
43,900
14,800
26,000
23,700
30,800
22,600
37,200
13,000
10,400
9,400
10,700
12,700
25,300
24,300
29,200
39,100
45,600
47,500
46,000
43,100
38,407
43,148
22,746
28,571
20,232
17,772
43,357
19,691
15,511
24,479
40,031
65,077
0
0
0
31,854
0
0
151,259
16,739
9,202
7,788
6,689
9,542
8,516
9,012
7,831
22,256
12,633
20,610
23,501
13,112
13,528
13,466
15,621
14,207
9,502
12,919
18,531
24,433
21,181
20,366
32,454
26,964
30,755
32,133
74,128
23,080
24,294
144,752
75,224
45,000
66,000
52,000
46,000
75,000
78,000
64,000
93,000
55,000
55,000
68,000
86,000
130,000
63,000
64,000
94,000
60,000
556,000
569,000
560,000
547,000
69,000
70,000
70,000
116,000
75,000
71,000
77,000
85,000
213,000
794,000
628,000
330,000

330,000

628,000

794,000

213,000

85,000

77,000

71,000

75,000

116,000

70,000

69,000

547,000

560,000

569,000

556,000

60,000

94,000

64,000

63,000

130,000

86,000

68,000

55,000

93,000

64,000

78,000

75,000

46,000

52,000

66,000

45,000

75,224

144,752

24,294

23,080

74,128

32,133

30,755

26,964

32,454

20,366

21,181

24,433

18,531

12,919

9,502

14,207

15,621

13,466

13,528

13,112

23,501

20,610

12,633

22,256

7,831

9,012

8,516

9,542

6,689

7,788

9,202

16,739

151,259

31,854

65,077

40,031

24,479

15,511

19,691

43,357

17,772

20,232

28,571

22,746

43,148

38,407

43,100

46,000

47,500

45,600

39,100

29,200

24,300

25,300

12,700

10,700

9,400

10,400

13,000

37,200

22,600

30,800

23,700

26,000

14,800

43,900

31,500

38,400

21,300

47,200

53,400

40,000

34,700

9,000

29,100

8,000

11,800

15,100

10,200

8,500

5,900

19,400

13,600

8,600

5,700

11,300

11,900

9,100

18,500

19,900

28,400

33,700

Short-term Investments

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
7,497
0
0
0
2,100
0
0
4,424
3,258
2,149
1,874
902
454
1,446
33,007
38,933
41,020
40,273
93,705
99,974
94,066
80,443
65,055
46,864
32,438
27,418
98,698
87,705
29,756
31,623
19,720
25,429
28,505
28,585
21,537
20,040
13,859
21,027
20,838
23,480
21,000
22,000
23,000
23,000
20,000
23,000
28,000
28,000
27,000
5,000
3,000
6,000
3,000
5,000
4,000
13,000
8,000
0
0
2,060,000
2,113,000
2,223,000
0
0
0
0
25,000
23,000
67,000
64,000
69,000
72,000
62,000

62,000

72,000

69,000

64,000

67,000

23,000

25,000

2,223,000

2,113,000

2,060,000

8,000

13,000

4,000

5,000

3,000

6,000

3,000

5,000

27,000

28,000

23,000

20,000

23,000

22,000

21,000

23,480

20,838

21,027

13,859

20,040

21,537

28,585

28,505

25,429

19,720

31,623

29,756

87,705

98,698

27,418

32,438

46,864

65,055

80,443

94,066

99,974

93,705

40,273

41,020

38,933

33,007

1,446

454

902

1,874

2,149

3,258

4,424

2,100

7,497

Net Receivables

0
73,100
0
0
0
84,200
0
0
0
78,200
0
0
0
81,100
0
0
97,000
90,400
89,800
101,900
108,600
96,000
99,000
113,400
109,400
98,100
94,500
109,000
106,300
96,600
94,500
115,500
122,300
110,000
108,200
124,900
122,900
112,400
106,500
130,100
132,900
113,100
121,900
136,400
135,100
124,900
121,900
136,000
136,400
127,500
121,800
143,100
149,400
139,800
133,300
191,200
188,200
169,558
168,180
194,723
199,445
187,853
180,001
209,853
237,995
239,207
255,014
291,639
299,809
186,918
0
0
0
253,702
0
0
228,931
261,043
241,116
299,929
303,664
333,635
321,258
362,469
382,542
353,650
351,069
388,682
419,164
350,077
317,872
371,137
372,179
338,424
321,533
405,466
423,476
385,003
366,730
440,850
481,519
433,540
426,975
470,783
486,339
455,225
461,844
514,490
595,763
522,000
467,000
526,000
587,000
532,000
477,000
524,000
546,000
484,000
461,000
536,000
550,000
487,000
477,000
516,000
522,000
466,000
464,000
505,000
559,000
527,000
493,000
565,000
597,000
519,000
520,000
667,000
631,000
723,000
703,000
757,000
754,000
727,000

727,000

754,000

757,000

703,000

723,000

631,000

667,000

520,000

519,000

597,000

565,000

493,000

527,000

559,000

505,000

464,000

466,000

522,000

516,000

477,000

487,000

550,000

536,000

461,000

484,000

546,000

524,000

477,000

532,000

587,000

526,000

467,000

522,000

595,763

514,490

461,844

455,225

486,339

470,783

426,975

433,540

481,519

440,850

366,730

385,003

423,476

405,466

321,533

338,424

372,179

371,137

317,872

350,077

419,164

388,682

351,069

353,650

382,542

362,469

321,258

333,635

303,664

299,929

241,116

261,043

228,931

253,702

186,918

299,809

291,639

255,014

239,207

237,995

209,853

180,001

187,853

199,445

194,723

168,180

169,558

188,200

191,200

133,300

139,800

149,400

143,100

121,800

127,500

136,400

136,000

121,900

124,900

135,100

136,400

121,900

113,100

132,900

130,100

106,500

112,400

122,900

124,900

108,200

110,000

122,300

115,500

94,500

96,600

106,300

109,000

94,500

98,100

109,400

113,400

99,000

96,000

108,600

101,900

89,800

90,400

97,000

81,100

78,200

84,200

73,100

Other Current Assets

0
10,100
0
0
0
11,200
0
0
0
12,200
0
0
0
12,000
0
0
16,900
13,900
21,100
17,600
15,600
14,700
14,700
16,400
15,700
16,500
17,100
19,600
17,100
16,600
16,400
18,600
23,200
17,300
18,800
22,300
21,100
16,900
17,200
20,300
18,100
18,000
18,700
25,700
21,100
18,300
20,100
21,600
22,800
21,300
39,700
23,200
21,400
21,000
22,300
34,600
30,300
45,965
38,024
48,580
39,145
40,589
30,551
46,277
30,862
39,409
45,298
40,864
35,804
244,219
0
0
0
103,873
0
0
202,428
125,114
135,595
119,276
153,922
45,550
56,557
58,348
508,640
52,680
484,595
57,208
53,415
21,467
61,906
74,940
71,151
54,134
62,796
57,579
80,888
475,014
470,669
31,085
38,765
523,426
31,604
27,193
28,744
638,289
63,393
745,333
31,781
612,000
42,000
48,000
105,000
709,000
148,000
151,000
151,000
113,000
145,000
160,000
93,000
95,000
85,000
91,000
115,000
118,000
119,000
137,000
142,000
127,000
168,000
183,000
162,000
159,000
166,000
169,000
189,000
312,000
290,000
299,000
278,000
186,000

186,000

278,000

299,000

290,000

312,000

189,000

169,000

166,000

159,000

162,000

183,000

168,000

127,000

142,000

137,000

119,000

118,000

115,000

91,000

85,000

95,000

93,000

160,000

145,000

113,000

151,000

148,000

709,000

105,000

48,000

42,000

612,000

31,781

745,333

63,393

638,289

28,744

27,193

31,604

523,426

38,765

31,085

470,669

475,014

80,888

57,579

62,796

54,134

71,151

74,940

61,906

21,467

53,415

57,208

484,595

52,680

508,640

58,348

56,557

45,550

153,922

119,276

135,595

125,114

202,428

103,873

244,219

35,804

40,864

45,298

39,409

30,862

46,277

30,551

40,589

39,145

48,580

38,024

45,965

30,300

34,600

22,300

21,000

21,400

23,200

39,700

21,300

22,800

21,600

20,100

18,300

21,100

25,700

18,700

18,000

18,100

20,300

17,200

16,900

21,100

22,300

18,800

17,300

23,200

18,600

16,400

16,600

17,100

19,600

17,100

16,500

15,700

16,400

14,700

15,600

17,600

21,100

13,900

16,900

12,000

12,200

11,200

10,100

> Long-term Assets

0
1,260,000
0
0
0
1,367,600
0
0
0
1,498,200
0
0
0
1,618,200
0
0
1,727,200
1,792,500
1,812,300
1,853,800
1,902,000
1,960,700
1,975,500
2,010,000
2,055,900
2,107,800
2,123,200
2,161,000
2,202,700
2,265,200
2,496,200
2,526,600
2,734,500
2,804,300
2,821,800
2,881,500
2,925,000
3,036,100
3,051,000
3,113,300
3,187,000
3,238,700
3,656,700
3,693,000
3,751,600
3,864,900
3,897,100
3,969,400
4,033,400
4,141,400
4,178,500
4,278,800
4,373,000
4,496,500
4,536,800
5,399,500
5,493,700
5,673,525
5,764,615
5,796,942
5,792,246
5,857,102
5,937,687
5,993,062
6,023,307
6,276,511
7,294,399
7,134,445
7,205,318
0
0
0
0
12,370,618
0
0
0
12,503,718
11,853,130
12,068,010
12,283,508
12,814,143
12,486,656
2,298,652
12,829,238
12,953,524
13,043,334
13,183,403
13,356,276
13,545,466
12,823,268
12,854,002
13,059,272
13,378,732
13,498,630
13,806,387
13,957,010
14,219,529
14,277,366
14,431,537
14,615,226
14,519,143
14,586,827
14,718,812
14,958,686
15,469,587
15,534,512
15,842,247
16,226,164
16,584,000
16,779,000
17,015,000
17,170,000
17,698,000
17,843,000
18,158,000
18,501,000
18,762,000
18,999,000
19,638,000
20,080,000
20,442,000
20,773,000
21,113,000
21,439,000
21,397,000
21,745,000
22,113,000
22,427,000
22,860,000
23,059,000
23,382,000
23,743,000
24,521,000
24,841,000
25,556,000
26,109,000
26,537,000
26,948,000
27,507,000
28,014,000
28,909,000

28,909,000

28,014,000

27,507,000

26,948,000

26,537,000

26,109,000

25,556,000

24,841,000

24,521,000

23,743,000

23,382,000

23,059,000

22,860,000

22,427,000

22,113,000

21,745,000

21,397,000

21,439,000

21,113,000

20,773,000

20,442,000

20,080,000

19,638,000

18,999,000

18,762,000

18,501,000

18,158,000

17,843,000

17,698,000

17,170,000

17,015,000

16,779,000

16,584,000

16,226,164

15,842,247

15,534,512

15,469,587

14,958,686

14,718,812

14,586,827

14,519,143

14,615,226

14,431,537

14,277,366

14,219,529

13,957,010

13,806,387

13,498,630

13,378,732

13,059,272

12,854,002

12,823,268

13,545,466

13,356,276

13,183,403

13,043,334

12,953,524

12,829,238

2,298,652

12,486,656

12,814,143

12,283,508

12,068,010

11,853,130

12,503,718

12,370,618

7,205,318

7,134,445

7,294,399

6,276,511

6,023,307

5,993,062

5,937,687

5,857,102

5,792,246

5,796,942

5,764,615

5,673,525

5,493,700

5,399,500

4,536,800

4,496,500

4,373,000

4,278,800

4,178,500

4,141,400

4,033,400

3,969,400

3,897,100

3,864,900

3,751,600

3,693,000

3,656,700

3,238,700

3,187,000

3,113,300

3,051,000

3,036,100

2,925,000

2,881,500

2,821,800

2,804,300

2,734,500

2,526,600

2,496,200

2,265,200

2,202,700

2,161,000

2,123,200

2,107,800

2,055,900

2,010,000

1,975,500

1,960,700

1,902,000

1,853,800

1,812,300

1,792,500

1,727,200

1,618,200

1,498,200

1,367,600

1,260,000

Property Plant Equipment

0
1,213,600
0
0
0
1,323,300
0
0
0
1,452,300
0
0
0
1,569,300
0
0
1,700,000
1,722,400
1,760,900
1,802,400
1,847,000
1,881,000
1,917,700
1,951,000
1,989,800
2,011,700
2,052,400
2,088,700
2,123,600
2,157,600
2,212,800
2,242,000
2,401,900
2,506,400
2,519,600
2,576,000
2,620,900
2,703,400
2,739,800
2,803,200
2,851,100
2,940,000
3,335,400
3,370,500
3,420,700
3,537,400
3,566,000
3,628,300
3,691,900
3,805,400
3,831,600
3,926,200
4,002,100
4,128,800
4,164,100
4,809,500
4,888,900
5,084,488
5,157,813
5,231,109
5,279,081
5,371,548
5,440,977
5,485,534
5,537,433
5,642,689
6,463,497
6,331,234
6,386,808
7,406,785
0
0
0
8,720,557
0
0
8,149,470
9,317,961
9,416,055
9,621,591
9,871,591
10,123,928
10,237,317
10,395,692
10,532,131
10,677,393
10,742,417
10,872,323
11,013,347
11,201,617
10,555,698
10,599,942
10,787,844
11,021,098
11,139,499
11,387,311
11,534,327
11,739,364
11,792,935
11,927,870
12,112,567
12,391,162
12,469,981
12,582,511
12,799,358
13,029,296
13,098,567
13,357,981
13,605,510
13,933,000
14,098,000
14,317,000
14,559,000
14,992,000
15,128,000
15,391,000
15,681,000
16,246,000
16,477,000
16,777,000
17,063,000
17,409,000
17,739,000
17,910,000
18,260,000
18,335,000
18,689,000
19,043,000
19,364,000
19,805,000
20,003,000
20,308,000
20,680,000
21,176,000
21,489,000
22,193,000
22,726,000
23,305,000
23,715,000
24,271,000
24,774,000
25,524,000

25,524,000

24,774,000

24,271,000

23,715,000

23,305,000

22,726,000

22,193,000

21,489,000

21,176,000

20,680,000

20,308,000

20,003,000

19,805,000

19,364,000

19,043,000

18,689,000

18,335,000

18,260,000

17,910,000

17,739,000

17,409,000

17,063,000

16,777,000

16,477,000

16,246,000

15,681,000

15,391,000

15,128,000

14,992,000

14,559,000

14,317,000

14,098,000

13,933,000

13,605,510

13,357,981

13,098,567

13,029,296

12,799,358

12,582,511

12,469,981

12,391,162

12,112,567

11,927,870

11,792,935

11,739,364

11,534,327

11,387,311

11,139,499

11,021,098

10,787,844

10,599,942

10,555,698

11,201,617

11,013,347

10,872,323

10,742,417

10,677,393

10,532,131

10,395,692

10,237,317

10,123,928

9,871,591

9,621,591

9,416,055

9,317,961

8,149,470

8,720,557

7,406,785

6,386,808

6,331,234

6,463,497

5,642,689

5,537,433

5,485,534

5,440,977

5,371,548

5,279,081

5,231,109

5,157,813

5,084,488

4,888,900

4,809,500

4,164,100

4,128,800

4,002,100

3,926,200

3,831,600

3,805,400

3,691,900

3,628,300

3,566,000

3,537,400

3,420,700

3,370,500

3,335,400

2,940,000

2,851,100

2,803,200

2,739,800

2,703,400

2,620,900

2,576,000

2,519,600

2,506,400

2,401,900

2,242,000

2,212,800

2,157,600

2,123,600

2,088,700

2,052,400

2,011,700

1,989,800

1,951,000

1,917,700

1,881,000

1,847,000

1,802,400

1,760,900

1,722,400

1,700,000

1,569,300

1,452,300

1,323,300

1,213,600

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
3,181,570
0
0
0
2,962,493
0
0
2,719,634
2,456,952
1,706,952
1,706,675
1,704,310
1,699,517
1,249,839
1,250,067
1,250,067
1,250,381
1,250,417
1,250,692
1,250,692
1,250,692
1,204,227
1,195,510
1,195,510
1,195,069
1,195,069
1,207,572
1,207,572
1,207,250
1,207,161
1,207,336
1,207,741
1,207,764
1,208,065
1,208,065
1,208,065
1,208,043
1,208,043
1,209,841
1,312,888
1,302,000
1,313,000
1,313,000
1,313,000
1,345,000
1,345,000
1,373,000
1,373,000
1,379,000
1,379,000
1,621,000
1,571,000
1,575,000
1,575,000
1,575,000
1,576,000
1,501,000
1,499,000
1,506,000
1,504,000
1,504,000
1,511,000
1,511,000
1,511,000
1,139,000
1,139,000
1,143,000
1,143,000
1,143,000
1,143,000
1,143,000
1,143,000
1,143,000

1,143,000

1,139,000

1,511,000

1,504,000

1,506,000

1,499,000

1,501,000

1,576,000

1,575,000

1,571,000

1,621,000

1,379,000

1,373,000

1,345,000

1,313,000

1,302,000

1,312,888

1,209,841

1,208,043

1,208,065

1,207,764

1,207,741

1,207,336

1,207,161

1,207,250

1,207,572

1,195,069

1,195,510

1,204,227

1,250,692

1,250,417

1,250,381

1,250,067

1,249,839

1,699,517

1,704,310

1,706,675

1,706,952

2,456,952

2,719,634

2,962,493

3,181,570

Long Term Investments

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,000
0
0
0
2,000
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

2,000

4,000

Intangible Assets

0
22,000
0
0
0
22,100
0
0
0
22,100
0
0
0
22,200
0
0
0
22,300
22,500
22,300
22,500
22,500
22,500
22,500
22,600
22,600
22,600
22,600
22,600
22,600
22,600
22,600
22,600
22,700
22,700
22,800
22,800
22,700
22,700
22,700
22,800
22,600
22,700
22,700
22,700
22,700
22,700
22,700
22,700
22,700
22,800
24,300
24,400
24,400
24,400
24,400
24,400
0
0
0
0
0
0
0
0
23,400
307,104
300,999
311,178
3,181,570
0
0
0
2,962,493
0
0
2,719,634
2,456,952
1,706,952
1,706,675
1,704,310
1,699,517
1,249,839
1,250,067
1,250,067
1,250,381
1,250,417
1,250,692
1,250,692
1,250,692
1,204,227
1,195,510
1,195,510
1,195,069
1,195,069
1,207,572
1,207,572
1,207,250
1,207,161
1,207,336
1,207,741
1,207,764
1,208,065
1,208,065
1,208,065
1,208,043
1,208,043
1,209,841
1,312,888
1,302,000
1,313,000
1,313,000
1,313,000
1,345,000
1,345,000
1,373,000
1,373,000
1,379,000
1,379,000
101,000
91,000
84,000
80,000
78,000
74,000
67,000
64,000
61,000
58,000
55,000
52,000
50,000
47,000
0
0
0
0
0
0
0
0
0

47,000

50,000

52,000

55,000

58,000

61,000

64,000

67,000

74,000

78,000

80,000

84,000

91,000

101,000

1,379,000

1,373,000

1,345,000

1,313,000

1,302,000

1,312,888

1,209,841

1,208,043

1,208,065

1,207,764

1,207,741

1,207,336

1,207,161

1,207,250

1,207,572

1,195,069

1,195,510

1,204,227

1,250,692

1,250,417

1,250,381

1,250,067

1,249,839

1,699,517

1,704,310

1,706,675

1,706,952

2,456,952

2,719,634

2,962,493

3,181,570

311,178

300,999

307,104

23,400

24,400

24,300

22,800

22,700

22,600

22,800

22,700

22,800

22,700

22,600

22,500

22,300

22,500

22,300

22,200

22,100

22,000

Other 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
3,909,087
0
0
0
3,765,277
0
0
3,532,956
3,303,809
2,556,815
2,570,834
2,540,837
2,822,360
2,384,257
10,395,692
2,441,506
2,429,680
2,452,345
2,453,289
2,483,360
2,486,901
2,402,143
2,390,791
2,411,965
2,506,690
2,507,445
2,572,757
2,576,751
2,634,585
2,635,924
2,654,977
2,651,849
2,274,784
2,258,400
2,273,715
2,290,563
2,569,883
2,548,881
2,597,949
2,757,686
2,651,000
2,681,000
2,698,000
2,611,000
2,706,000
2,715,000
2,767,000
2,820,000
2,516,000
1,143,000
1,139,000
1,355,000
1,374,000
1,379,000
1,550,000
1,529,000
1,494,000
1,493,000
1,503,000
1,501,000
1,496,000
1,493,000
1,513,000
1,505,000
2,206,000
2,213,000
2,220,000
1,520,000
1,369,000
1,370,000
1,373,000
1,377,000
0

1,377,000

1,373,000

1,370,000

1,369,000

1,520,000

2,220,000

2,213,000

2,206,000

1,505,000

1,513,000

1,493,000

1,496,000

1,501,000

1,503,000

1,493,000

1,494,000

1,529,000

1,550,000

1,379,000

1,374,000

1,355,000

1,139,000

1,143,000

2,516,000

2,820,000

2,767,000

2,715,000

2,706,000

2,611,000

2,698,000

2,681,000

2,651,000

2,757,686

2,597,949

2,548,881

2,569,883

2,290,563

2,273,715

2,258,400

2,274,784

2,651,849

2,654,977

2,635,924

2,634,585

2,576,751

2,572,757

2,507,445

2,506,690

2,411,965

2,390,791

2,402,143

2,486,901

2,483,360

2,453,289

2,452,345

2,429,680

2,441,506

10,395,692

2,384,257

2,822,360

2,540,837

2,570,834

2,556,815

3,303,809

3,532,956

3,765,277

3,909,087

> Total Liabilities

0
1,018,500
0
0
0
1,108,700
0
0
0
1,188,700
0
0
0
1,274,700
0
0
1,318,600
1,378,400
1,402,800
1,439,800
1,482,900
1,522,800
1,501,700
1,520,400
1,543,600
1,565,100
1,574,100
1,611,700
1,629,200
1,696,700
1,904,100
1,968,200
2,174,400
2,273,800
2,242,600
2,270,300
2,299,000
2,371,600
2,384,100
2,419,600
2,473,800
2,483,900
2,902,200
2,776,300
2,814,800
2,875,300
2,895,700
2,958,000
2,992,700
3,074,200
3,126,800
3,202,800
3,268,900
3,372,000
3,408,800
4,045,400
4,084,000
4,223,597
4,279,925
4,358,292
4,316,796
4,412,428
4,460,312
4,527,039
4,561,666
4,799,666
5,857,042
5,697,192
5,757,332
9,037,758
0
0
0
7,186,619
0
0
7,784,040
8,363,162
8,454,013
8,419,220
8,589,601
9,101,110
9,242,346
9,257,286
9,353,900
9,447,235
9,537,071
9,729,650
9,847,922
9,947,501
9,978,153
10,184,749
10,275,543
10,536,007
9,832,303
10,086,786
10,150,195
10,273,988
10,259,554
10,405,251
10,595,514
10,341,729
10,473,734
10,553,321
10,795,995
11,215,365
11,270,593
11,678,942
11,939,721
12,192,000
12,335,000
12,553,000
12,733,000
13,264,000
13,323,000
13,582,000
13,843,000
14,097,000
14,277,000
14,735,000
15,020,000
15,359,000
15,532,000
15,827,000
16,048,000
16,561,000
17,303,000
17,671,000
17,882,000
18,312,000
17,942,000
18,262,000
18,467,000
18,777,000
18,234,000
19,004,000
19,368,000
20,094,000
18,739,000
19,795,000
19,921,000
20,501,000

20,501,000

19,921,000

19,795,000

18,739,000

20,094,000

19,368,000

19,004,000

18,234,000

18,777,000

18,467,000

18,262,000

17,942,000

18,312,000

17,882,000

17,671,000

17,303,000

16,561,000

16,048,000

15,827,000

15,532,000

15,359,000

15,020,000

14,735,000

14,277,000

14,097,000

13,843,000

13,582,000

13,323,000

13,264,000

12,733,000

12,553,000

12,335,000

12,192,000

11,939,721

11,678,942

11,270,593

11,215,365

10,795,995

10,553,321

10,473,734

10,341,729

10,595,514

10,405,251

10,259,554

10,273,988

10,150,195

10,086,786

9,832,303

10,536,007

10,275,543

10,184,749

9,978,153

9,947,501

9,847,922

9,729,650

9,537,071

9,447,235

9,353,900

9,257,286

9,242,346

9,101,110

8,589,601

8,419,220

8,454,013

8,363,162

7,784,040

7,186,619

9,037,758

5,757,332

5,697,192

5,857,042

4,799,666

4,561,666

4,527,039

4,460,312

4,412,428

4,316,796

4,358,292

4,279,925

4,223,597

4,084,000

4,045,400

3,408,800

3,372,000

3,268,900

3,202,800

3,126,800

3,074,200

2,992,700

2,958,000

2,895,700

2,875,300

2,814,800

2,776,300

2,902,200

2,483,900

2,473,800

2,419,600

2,384,100

2,371,600

2,299,000

2,270,300

2,242,600

2,273,800

2,174,400

1,968,200

1,904,100

1,696,700

1,629,200

1,611,700

1,574,100

1,565,100

1,543,600

1,520,400

1,501,700

1,522,800

1,482,900

1,439,800

1,402,800

1,378,400

1,318,600

1,274,700

1,188,700

1,108,700

1,018,500

> Total Current Liabilities

0
107,300
0
0
0
165,200
0
0
0
186,200
0
0
0
194,200
0
0
228,700
244,900
253,000
271,000
308,500
342,900
243,200
225,900
239,700
215,400
201,900
200,500
282,400
325,700
277,300
253,100
339,000
302,400
234,200
236,400
268,200
276,800
296,500
312,100
300,000
321,100
620,400
419,000
291,900
335,000
330,000
318,900
328,200
306,500
339,300
386,100
248,900
301,300
325,900
400,700
397,100
491,708
482,532
582,063
627,378
774,051
666,648
765,924
788,934
824,734
868,074
868,536
801,033
2,496,314
0
0
0
1,363,662
0
0
719,589
774,489
871,474
741,239
937,490
1,104,760
1,169,208
792,787
600,631
607,392
661,089
753,437
741,424
774,506
1,134,880
1,327,646
1,380,014
1,489,105
743,689
1,017,964
1,005,874
994,832
958,332
1,049,306
1,141,473
1,235,533
1,197,699
1,234,911
1,058,935
1,240,998
1,227,548
1,512,188
1,165,387
1,533,000
1,614,000
1,740,000
1,928,000
2,392,000
2,418,000
2,661,000
1,747,000
2,325,000
2,539,000
2,951,000
1,748,000
2,094,000
2,156,000
1,317,000
1,488,000
2,045,000
2,767,000
2,113,000
2,260,000
2,881,000
2,451,000
1,710,000
1,844,000
2,141,000
1,648,000
1,728,000
2,130,000
2,811,000
1,892,000
1,764,000
1,743,000
2,151,000

2,151,000

1,743,000

1,764,000

1,892,000

2,811,000

2,130,000

1,728,000

1,648,000

2,141,000

1,844,000

1,710,000

2,451,000

2,881,000

2,260,000

2,113,000

2,767,000

2,045,000

1,488,000

1,317,000

2,156,000

2,094,000

1,748,000

2,951,000

2,539,000

2,325,000

1,747,000

2,661,000

2,418,000

2,392,000

1,928,000

1,740,000

1,614,000

1,533,000

1,165,387

1,512,188

1,227,548

1,240,998

1,058,935

1,234,911

1,197,699

1,235,533

1,141,473

1,049,306

958,332

994,832

1,005,874

1,017,964

743,689

1,489,105

1,380,014

1,327,646

1,134,880

774,506

741,424

753,437

661,089

607,392

600,631

792,787

1,169,208

1,104,760

937,490

741,239

871,474

774,489

719,589

1,363,662

2,496,314

801,033

868,536

868,074

824,734

788,934

765,924

666,648

774,051

627,378

582,063

482,532

491,708

397,100

400,700

325,900

301,300

248,900

386,100

339,300

306,500

328,200

318,900

330,000

335,000

291,900

419,000

620,400

321,100

300,000

312,100

296,500

276,800

268,200

236,400

234,200

302,400

339,000

253,100

277,300

325,700

282,400

200,500

201,900

215,400

239,700

225,900

243,200

342,900

308,500

271,000

253,000

244,900

228,700

194,200

186,200

165,200

107,300

Short-term Debt

0
46,100
0
0
0
76,300
0
0
0
96,000
0
0
0
107,300
0
0
130,700
138,100
152,700
168,300
209,700
241,200
147,900
129,700
143,500
113,900
105,400
108,700
188,600
226,300
179,900
157,400
234,900
199,000
129,300
120,400
153,200
156,400
177,900
189,000
173,200
192,900
492,600
295,500
162,100
204,500
193,800
192,500
191,200
159,900
191,500
251,500
103,500
141,900
157,400
209,700
180,400
278,219
286,367
397,932
431,685
573,574
457,351
558,658
527,217
580,170
586,910
534,320
482,467
0
0
0
0
1,007,128
0
0
0
316,969
458,325
323,952
423,021
654,832
707,591
366,108
130,881
173,565
194,920
309,825
225,825
274,459
335,652
458,379
417,947
543,908
177,338
482,261
332,823
385,904
449,710
580,326
503,096
644,481
653,128
717,468
369,560
511,091
605,680
882,944
401,967
682,000
893,000
1,004,000
1,004,000
1,423,000
1,554,000
1,803,000
790,000
1,227,000
1,604,000
2,013,000
827,000
1,035,000
1,269,000
422,000
503,000
814,000
1,690,000
989,000
1,111,000
1,611,000
1,426,000
655,000
732,000
641,000
378,000
598,000
899,000
1,456,000
727,000
579,000
492,000
654,000

654,000

492,000

579,000

727,000

1,456,000

899,000

598,000

378,000

641,000

732,000

655,000

1,426,000

1,611,000

1,111,000

989,000

1,690,000

814,000

503,000

422,000

1,269,000

1,035,000

827,000

2,013,000

1,604,000

1,227,000

790,000

1,803,000

1,554,000

1,423,000

1,004,000

893,000

682,000

401,967

882,944

605,680

511,091

369,560

717,468

653,128

644,481

503,096

580,326

449,710

385,904

332,823

482,261

177,338

543,908

417,947

458,379

335,652

274,459

225,825

309,825

194,920

173,565

130,881

366,108

707,591

654,832

423,021

323,952

458,325

316,969

1,007,128

482,467

534,320

586,910

580,170

527,217

558,658

457,351

573,574

431,685

397,932

286,367

278,219

180,400

209,700

157,400

141,900

103,500

251,500

191,500

159,900

191,200

192,500

193,800

204,500

162,100

295,500

492,600

192,900

173,200

189,000

177,900

156,400

153,200

120,400

129,300

199,000

234,900

157,400

179,900

226,300

188,600

108,700

105,400

113,900

143,500

129,700

147,900

241,200

209,700

168,300

152,700

138,100

130,700

107,300

96,000

76,300

46,100

Short Long Term Debt

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
61,000
0
0
0
54,000
893,000
1,004,000
1,004,000
574,000
1,554,000
7,462,000
687,000
322,000
421,000
367,000
263,000
85,000
1,269,000
422,000
503,000
814,000
1,690,000
989,000
1,111,000
1,611,000
1,426,000
655,000
732,000
641,000
378,000
598,000
899,000
1,456,000
727,000
579,000
492,000
654,000

654,000

492,000

579,000

727,000

1,456,000

899,000

598,000

378,000

641,000

732,000

655,000

1,426,000

1,611,000

1,111,000

989,000

1,690,000

814,000

503,000

422,000

1,269,000

85,000

263,000

367,000

421,000

322,000

687,000

7,462,000

1,554,000

574,000

1,004,000

893,000

54,000

61,000

Accounts payable

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
21,400
42,600
31,700
35,700
24,600
32,900
22,700
22,200
21,000
28,700
20,600
20,600
19,500
27,100
17,200
16,800
19,000
31,600
23,000
27,200
24,600
43,600
29,400
41,500
32,100
43,300
20,300
22,700
25,700
36,800
23,300
27,300
28,500
42,800
26,900
27,500
29,800
56,700
33,800
50,900
49,100
67,064
40,498
37,851
40,611
52,447
34,283
37,735
46,344
67,996
45,657
61,303
48,567
133,477
0
0
0
140,691
0
0
124,171
168,886
119,209
137,303
160,518
149,795
115,066
123,116
119,271
138,609
116,843
147,573
166,388
199,240
132,725
159,024
190,556
243,709
162,414
183,908
202,283
279,613
166,723
178,418
209,768
264,589
183,839
192,441
260,713
285,800
203,409
283,570
281,291
126,000
116,000
148,000
135,000
154,000
108,000
134,000
144,000
195,000
133,000
139,000
141,000
175,000
130,000
140,000
149,000
203,000
152,000
169,000
162,000
189,000
134,000
146,000
175,000
235,000
175,000
196,000
220,000
254,000
193,000
246,000
228,000
294,000

294,000

228,000

246,000

193,000

254,000

220,000

196,000

175,000

235,000

175,000

146,000

134,000

189,000

162,000

169,000

152,000

203,000

149,000

140,000

130,000

175,000

141,000

139,000

133,000

195,000

144,000

134,000

108,000

154,000

135,000

148,000

116,000

126,000

281,291

283,570

203,409

285,800

260,713

192,441

183,839

264,589

209,768

178,418

166,723

279,613

202,283

183,908

162,414

243,709

190,556

159,024

132,725

199,240

166,388

147,573

116,843

138,609

119,271

123,116

115,066

149,795

160,518

137,303

119,209

168,886

124,171

140,691

133,477

48,567

61,303

45,657

67,996

46,344

37,735

34,283

52,447

40,611

37,851

40,498

67,064

49,100

50,900

33,800

56,700

29,800

27,500

26,900

42,800

28,500

27,300

23,300

36,800

25,700

22,700

20,300

43,300

32,100

41,500

29,400

43,600

24,600

27,200

23,000

31,600

19,000

16,800

17,200

27,100

19,500

20,600

28,700

21,000

22,200

22,700

32,900

24,600

35,700

31,700

42,600

21,400

Other Current Liabilities

0
61,200
0
0
0
88,900
0
0
0
90,200
0
0
0
86,900
0
0
76,600
64,200
68,600
67,000
74,200
68,800
72,600
74,000
75,200
72,800
75,900
71,200
74,300
72,300
80,200
78,900
85,100
100
81,900
88,800
90,400
76,800
89,200
81,600
100
200
107,500
100,800
104,100
100
100
99,100
108,500
100
120,900
107,100
200
102,700
134,700
200
200
146,425
155,667
146,280
155,082
148,030
175,014
169,531
215,373
176,568
235,507
272,913
269,999
249,003
0
0
0
215,843
0
0
235,583
288,634
293,940
279,984
353,951
204,490
185,016
187,040
469,750
154,397
466,169
181,136
189,090
143,205
497,590
603,612
620,365
505,994
241,763
255,267
321,024
-1,141,838
508,622
198,600
281,050
-1,495,625
212,948
231,878
284,655
357,506
267,811
629,244
338,755
-1,585,000
83,000
111,000
118,000
-1,781,000
135,000
125,000
151,000
-648,000
159,000
152,000
169,000
-834,000
204,000
177,000
172,000
-865,000
294,000
295,000
317,000
-1,032,000
251,000
249,000
241,000
-1,156,000
1,095,000
-1,496,000
-1,361,000
-1,336,000
887,000
208,000
212,000
252,000

252,000

212,000

208,000

887,000

-1,336,000

-1,361,000

-1,496,000

1,095,000

-1,156,000

241,000

249,000

251,000

-1,032,000

317,000

295,000

294,000

-865,000

172,000

177,000

204,000

-834,000

169,000

152,000

159,000

-648,000

151,000

125,000

135,000

-1,781,000

118,000

111,000

83,000

-1,585,000

338,755

629,244

267,811

357,506

284,655

231,878

212,948

-1,495,625

281,050

198,600

508,622

-1,141,838

321,024

255,267

241,763

505,994

620,365

603,612

497,590

143,205

189,090

181,136

466,169

154,397

469,750

187,040

185,016

204,490

353,951

279,984

293,940

288,634

235,583

215,843

249,003

269,999

272,913

235,507

176,568

215,373

169,531

175,014

148,030

155,082

146,280

155,667

146,425

200

134,700

102,700

200

107,100

120,900

100

108,500

99,100

100

104,100

100,800

107,500

200

100

81,600

89,200

76,800

90,400

88,800

81,900

100

85,100

78,900

80,200

72,300

74,300

71,200

75,900

72,800

75,200

74,000

72,600

68,800

74,200

67,000

68,600

64,200

76,600

86,900

90,200

88,900

61,200

> Long-term Liabilities

0
644,300
0
0
0
649,500
0
0
0
707,800
0
0
0
773,600
0
0
832,700
871,300
887,100
903,600
907,800
913,200
993,900
1,026,400
1,032,200
1,074,900
1,094,700
1,128,700
1,059,800
1,083,700
1,258,600
1,343,200
1,403,200
1,536,200
1,611,700
1,628,200
1,616,500
1,678,000
1,672,000
1,689,300
1,751,500
1,778,400
1,895,000
1,966,500
2,124,700
2,135,300
2,158,700
2,226,900
2,243,100
2,324,400
2,336,600
2,361,100
2,556,000
2,590,300
2,596,500
2,994,800
3,024,500
3,044,142
3,093,764
3,049,446
2,976,800
2,916,606
3,060,448
3,019,710
3,023,856
3,213,101
4,183,950
4,028,277
4,133,698
0
0
0
0
3,679,807
0
0
0
5,313,755
4,642,315
201,546
201,829
5,329,650
8,073,138
8,464,499
8,753,269
8,839,843
8,875,982
8,976,213
9,106,498
9,172,995
8,843,273
8,857,103
8,895,529
9,046,902
9,088,614
9,068,822
9,144,321
9,279,156
9,301,222
9,355,945
9,454,041
9,106,196
9,276,035
9,318,410
9,737,060
9,974,367
10,043,045
10,166,754
10,774,334
10,659,000
10,721,000
10,813,000
10,805,000
10,872,000
10,905,000
10,921,000
12,096,000
11,772,000
11,738,000
11,784,000
13,272,000
13,265,000
13,376,000
14,510,000
14,560,000
14,516,000
14,536,000
15,558,000
15,622,000
15,431,000
15,491,000
16,552,000
16,623,000
16,636,000
16,586,000
17,276,000
17,238,000
17,283,000
16,847,000
18,031,000
18,178,000
18,350,000

18,350,000

18,178,000

18,031,000

16,847,000

17,283,000

17,238,000

17,276,000

16,586,000

16,636,000

16,623,000

16,552,000

15,491,000

15,431,000

15,622,000

15,558,000

14,536,000

14,516,000

14,560,000

14,510,000

13,376,000

13,265,000

13,272,000

11,784,000

11,738,000

11,772,000

12,096,000

10,921,000

10,905,000

10,872,000

10,805,000

10,813,000

10,721,000

10,659,000

10,774,334

10,166,754

10,043,045

9,974,367

9,737,060

9,318,410

9,276,035

9,106,196

9,454,041

9,355,945

9,301,222

9,279,156

9,144,321

9,068,822

9,088,614

9,046,902

8,895,529

8,857,103

8,843,273

9,172,995

9,106,498

8,976,213

8,875,982

8,839,843

8,753,269

8,464,499

8,073,138

5,329,650

201,829

201,546

4,642,315

5,313,755

3,679,807

4,133,698

4,028,277

4,183,950

3,213,101

3,023,856

3,019,710

3,060,448

2,916,606

2,976,800

3,049,446

3,093,764

3,044,142

3,024,500

2,994,800

2,596,500

2,590,300

2,556,000

2,361,100

2,336,600

2,324,400

2,243,100

2,226,900

2,158,700

2,135,300

2,124,700

1,966,500

1,895,000

1,778,400

1,751,500

1,689,300

1,672,000

1,678,000

1,616,500

1,628,200

1,611,700

1,536,200

1,403,200

1,343,200

1,258,600

1,083,700

1,059,800

1,128,700

1,094,700

1,074,900

1,032,200

1,026,400

993,900

913,200

907,800

903,600

887,100

871,300

832,700

773,600

707,800

649,500

644,300

Long term Debt Total

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5,921,467
5,988,695
6,021,480
5,771,026
5,759,044
5,756,487
5,726,917
5,734,696
5,580,902
5,562,992
5,570,246
5,564,223
5,559,489
5,546,561
5,588,610
5,579,606
5,587,667
5,909,475
5,432,744
5,428,901
5,433,239
5,940,615
5,862,000
5,850,000
5,850,000
5,842,000
5,749,000
5,744,000
5,650,000
6,672,000
6,490,000
6,396,000
6,345,000
7,570,000
7,569,000
7,562,000
8,642,000
8,640,000
8,639,000
8,621,000
9,589,000
9,580,000
9,329,000
9,325,000
10,343,000
10,349,000
10,341,000
10,347,000
11,023,000
10,943,000
10,926,000
10,485,000
11,607,000
11,701,000
0

11,701,000

11,607,000

10,485,000

10,926,000

10,943,000

11,023,000

10,347,000

10,341,000

10,349,000

10,343,000

9,325,000

9,329,000

9,580,000

9,589,000

8,621,000

8,639,000

8,640,000

8,642,000

7,562,000

7,569,000

7,570,000

6,345,000

6,396,000

6,490,000

6,672,000

5,650,000

5,744,000

5,749,000

5,842,000

5,850,000

5,862,000

5,940,615

5,433,239

5,428,901

5,432,744

5,909,475

5,587,667

5,579,606

5,588,610

5,546,561

5,559,489

5,564,223

5,570,246

5,562,992

5,580,902

5,734,696

5,726,917

5,756,487

5,759,044

5,771,026

6,021,480

5,988,695

5,921,467

Other Liabilities

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,178,687
0
0
0
1,352,373
0
0
1,392,860
1,421,170
1,402,865
1,397,874
1,349,594
1,721,262
1,713,033
1,724,623
1,725,258
1,670,170
1,659,029
1,644,203
1,619,108
1,598,913
1,358,306
1,337,505
1,295,051
1,400,846
1,384,051
1,394,786
1,383,412
1,574,588
1,550,278
1,483,121
1,475,384
984,938
980,751
977,380
969,372
1,305,497
1,294,231
1,312,206
1,306,914
1,330,000
1,339,000
1,312,000
1,207,000
1,276,000
1,275,000
1,278,000
1,266,000
2,425,000
5,335,000
5,432,000
5,695,000
5,689,000
5,707,000
5,765,000
5,820,000
5,783,000
5,824,000
5,881,000
5,955,000
6,017,000
6,079,000
6,127,000
6,190,000
6,212,000
6,158,000
6,171,000
6,217,000
6,284,000
6,290,000
0
6,403,000
0

6,403,000

6,290,000

6,284,000

6,217,000

6,171,000

6,158,000

6,212,000

6,190,000

6,127,000

6,079,000

6,017,000

5,955,000

5,881,000

5,824,000

5,783,000

5,820,000

5,765,000

5,707,000

5,689,000

5,695,000

5,432,000

5,335,000

2,425,000

1,266,000

1,278,000

1,275,000

1,276,000

1,207,000

1,312,000

1,339,000

1,330,000

1,306,914

1,312,206

1,294,231

1,305,497

969,372

977,380

980,751

984,938

1,475,384

1,483,121

1,550,278

1,574,588

1,383,412

1,394,786

1,384,051

1,400,846

1,295,051

1,337,505

1,358,306

1,598,913

1,619,108

1,644,203

1,659,029

1,670,170

1,725,258

1,724,623

1,713,033

1,721,262

1,349,594

1,397,874

1,402,865

1,421,170

1,392,860

1,352,373

1,178,687

Deferred Long Term Liability

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,000,776
1,081,708
1,124,078
1,167,020
1,194,052
1,265,367
1,318,224
1,361,378
1,462,869
1,563,029
1,499,062
1,545,941
1,666,854
1,771,113
1,848,496
2,023,732
2,053,194
2,143,861
2,145,753
2,224,357
2,308,408
2,399,857
2,334,000
0
0
0
1,289,000
0
0
0
1,061,000
1,062,000
1,069,000
1,086,000
1,156,000
1,161,000
1,180,000
1,178,000
1,128,000
1,132,000
1,144,000
1,144,000
1,127,000
1,127,000
1,145,000
1,128,000
1,051,000
1,049,000
1,053,000
1,075,000
990,000
1,004,000
0
1,039,000
0

1,039,000

1,004,000

990,000

1,075,000

1,053,000

1,049,000

1,051,000

1,128,000

1,145,000

1,127,000

1,144,000

1,132,000

1,128,000

1,178,000

1,180,000

1,161,000

1,156,000

1,086,000

1,069,000

1,062,000

1,061,000

1,289,000

2,334,000

2,399,857

2,308,408

2,224,357

2,145,753

2,143,861

2,053,194

2,023,732

1,848,496

1,771,113

1,666,854

1,545,941

1,499,062

1,563,029

1,462,869

1,361,378

1,318,224

1,265,367

1,194,052

1,167,020

1,124,078

1,081,708

1,000,776

> Total Stockholder Equity

0
364,500
0
0
0
389,300
0
0
0
426,900
0
0
0
462,400
0
0
539,400
537,900
539,800
547,100
560,100
569,800
615,100
633,800
654,400
675,400
684,600
699,000
714,400
719,100
720,600
736,800
755,400
720,200
763,800
790,800
818,900
835,100
844,700
869,400
900,600
919,200
937,400
1,113,600
1,142,300
1,156,900
1,165,800
1,190,600
1,223,500
1,240,100
1,251,200
1,279,000
1,316,600
1,336,300
1,341,300
1,646,600
1,694,000
1,728,609
1,750,813
1,745,809
1,758,158
1,722,370
1,688,925
1,762,539
1,797,009
1,807,433
1,786,041
1,827,740
1,857,240
2,809,287
0
0
0
5,596,440
0
0
4,515,136
4,570,910
3,813,991
4,107,462
4,191,131
4,130,708
3,664,898
3,932,763
3,991,809
4,005,416
4,003,491
4,043,866
4,135,753
4,132,272
4,150,654
4,162,467
4,263,190
4,240,384
4,255,436
4,325,975
4,449,340
4,444,988
4,509,662
4,572,126
4,632,932
4,727,804
4,801,087
4,873,126
4,919,652
4,915,591
4,992,938
5,053,390
5,165,452
5,049,000
5,082,000
5,153,000
5,238,000
5,218,000
5,287,000
5,384,000
5,518,000
5,385,000
5,451,000
5,736,000
5,860,000
5,864,000
5,932,000
6,027,000
6,190,000
6,121,000
6,243,000
6,338,000
6,512,000
6,454,000
6,583,000
6,690,000
6,866,000
7,298,000
7,460,000
7,570,000
7,758,000
7,693,000
9,547,000
9,701,000
9,897,000
9,797,000

9,797,000

9,897,000

9,701,000

9,547,000

7,693,000

7,758,000

7,570,000

7,460,000

7,298,000

6,866,000

6,690,000

6,583,000

6,454,000

6,512,000

6,338,000

6,243,000

6,121,000

6,190,000

6,027,000

5,932,000

5,864,000

5,860,000

5,736,000

5,451,000

5,385,000

5,518,000

5,384,000

5,287,000

5,218,000

5,238,000

5,153,000

5,082,000

5,049,000

5,165,452

5,053,390

4,992,938

4,915,591

4,919,652

4,873,126

4,801,087

4,727,804

4,632,932

4,572,126

4,509,662

4,444,988

4,449,340

4,325,975

4,255,436

4,240,384

4,263,190

4,162,467

4,150,654

4,132,272

4,135,753

4,043,866

4,003,491

4,005,416

3,991,809

3,932,763

3,664,898

4,130,708

4,191,131

4,107,462

3,813,991

4,570,910

4,515,136

5,596,440

2,809,287

1,857,240

1,827,740

1,786,041

1,807,433

1,797,009

1,762,539

1,688,925

1,722,370

1,758,158

1,745,809

1,750,813

1,728,609

1,694,000

1,646,600

1,341,300

1,336,300

1,316,600

1,279,000

1,251,200

1,240,100

1,223,500

1,190,600

1,165,800

1,156,900

1,142,300

1,113,600

937,400

919,200

900,600

869,400

844,700

835,100

818,900

790,800

763,800

720,200

755,400

736,800

720,600

719,100

714,400

699,000

684,600

675,400

654,400

633,800

615,100

569,800

560,100

547,100

539,800

537,900

539,400

462,400

426,900

389,300

364,500

Common 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
39,100
39,300
39,900
40,400
40,800
41,200
41,600
42,000
42,400
42,900
97,200
97,700
98,000
98,500
99,000
99,300
99,600
100,000
100,400
100,800
101,100
101,600
120,800
121,200
121,630
122,331
122,764
123,122
123,525
123,952
124,468
125,008
125,020
125,060
125,078
125,108
1,600
0
0
0
1,600
0
0
1,600
1,600
3,809,423
1,600
1,600
1,600
1,600
1,746
1,746
1,746
1,747
1,747
1,749
1,750
1,753
1,754
1,755
1,757
1,762
1,763
1,767
1,770
1,777
1,779
1,781
1,784
1,790
1,791
1,793
1,795
1,799
1,801
1,807
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000

2,000

1,807

1,801

1,799

1,795

1,793

1,791

1,790

1,784

1,781

1,779

1,777

1,770

1,767

1,763

1,762

1,757

1,755

1,754

1,753

1,750

1,749

1,747

1,746

1,600

3,809,423

1,600

125,108

125,078

125,060

125,020

125,008

124,468

123,952

123,525

123,122

122,764

122,331

121,630

121,200

120,800

101,600

101,100

100,800

100,400

100,000

99,600

99,300

99,000

98,500

98,000

97,700

97,200

42,900

42,400

42,000

41,600

41,200

40,800

40,400

39,900

39,300

39,100

Retained Earnings Total Equity

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-2,046,326
-1,960,806
-1,959,235
-1,950,571
-1,945,185
-1,848,338
-1,848,801
-1,847,750
-1,785,039
-1,675,678
-1,664,955
-1,607,321
-1,555,993
-1,505,191
-1,495,698
-1,427,809
-1,374,174
-1,333,164
-1,295,549
-1,224,008
-1,162,346
-1,049,665
-1,073,000
-991,000
-921,000
-839,000
-873,000
-759,000
-702,000
-573,000
-723,000
-617,000
-537,000
-432,000
-464,000
-353,000
-273,000
-123,000
-207,000
-83,000
-7,000
157,000
102,000
235,000
332,000
500,000
925,000
1,083,000
1,181,000
0
1,267,000
1,437,000
1,580,000
0
0

1,580,000

1,437,000

1,267,000

1,181,000

1,083,000

925,000

500,000

332,000

235,000

102,000

157,000

-7,000

-83,000

-207,000

-123,000

-273,000

-353,000

-464,000

-432,000

-537,000

-617,000

-723,000

-573,000

-702,000

-759,000

-873,000

-839,000

-921,000

-991,000

-1,073,000

-1,049,665

-1,162,346

-1,224,008

-1,295,549

-1,333,164

-1,374,174

-1,427,809

-1,495,698

-1,505,191

-1,555,993

-1,607,321

-1,664,955

-1,675,678

-1,785,039

-1,847,750

-1,848,801

-1,848,338

-1,945,185

-1,950,571

-1,959,235

-1,960,806

-2,046,326

Accumulated Other Comprehensive Income

-26,000

-22,000

-23,000

-39,000

-40,000

-44,000

-45,000

-46,000

-48,000

-49,000

-38,000

-39,000

-41,000

-36,000

-46,000

-47,000

-34,000

-60,000

-69,000

-75,000

-79,000

-87,000

-85,000

-82,000

-86,000

-99,000

-96,000

-87,000

-88,000

-79,175

-80,053

-81,503

-81,868

-35,942

-34,671

-35,151

-34,635

-109,901

-112,468

-114,286

-116,191

-91,507

-93,890

-95,549

-97,677

-68,555

-68,696

-69,958

-71,446

-61,086

-62,546

-63,203

-64,677

-76,344

-78,357

-81,281

-82,251

-16,314

-19,000

-18,383

-18,766

-183,780

-1,276,386

-1,152,575

-1,552,575

-1,152,575

-848,500

-755,400

-682,800

-590,800

-535,100

-484,200

-406,200

-371,500

-338,500

-309,000

-283,100

-261,400

-244,400

-228,400

Capital Surplus

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
6,146,444
6,151,349
6,156,675
6,164,883
6,170,047
6,173,781
6,180,558
6,192,426
6,198,594
6,213,038
6,222,644
6,232,815
6,243,851
6,251,286
6,261,396
6,272,277
6,290,402
6,297,187
6,301,729
6,313,242
6,324,039
6,348,609
6,351,000
6,368,000
6,382,000
6,388,000
6,388,000
6,400,000
6,416,000
6,423,000
6,432,000
6,438,000
6,637,000
6,647,000
6,657,000
6,668,000
6,683,000
6,695,000
6,700,000
6,713,000
6,730,000
6,739,000
6,747,000
6,757,000
6,765,000
6,772,000
6,781,000
6,796,000
6,804,000
6,813,000
6,824,000
8,519,000
8,529,000
8,541,000
0

8,541,000

8,529,000

8,519,000

6,824,000

6,813,000

6,804,000

6,796,000

6,781,000

6,772,000

6,765,000

6,757,000

6,747,000

6,739,000

6,730,000

6,713,000

6,700,000

6,695,000

6,683,000

6,668,000

6,657,000

6,647,000

6,637,000

6,438,000

6,432,000

6,423,000

6,416,000

6,400,000

6,388,000

6,382,000

6,368,000

6,351,000

6,348,609

6,324,039

6,313,242

6,301,729

6,297,187

6,290,402

6,272,277

6,261,396

6,251,286

6,243,851

6,232,815

6,222,644

6,213,038

6,198,594

6,192,426

6,180,558

6,173,781

6,170,047

6,164,883

6,156,675

6,151,349

6,146,444

Treasury Stock

-377,000

-365,000

-363,000

-348,000

-338,000

-297,000

-247,000

-274,000

-213,000

-214,000

-210,000

-143,000

-56,124

-30,051

-16,592

-10,516

-10,222

-10,020

-5,043

-4,444,988

-4,449,340

-4,325,975

-19

-1

-7

-347

-1,933

Other Stockholders Equity

0
286,200
0
0
0
302,600
0
0
0
321,400
0
0
0
343,200
0
0
397,000
419,500
419,300
418,700
419,600
449,000
489,000
495,100
494,800
544,100
549,300
551,600
552,000
587,000
587,100
590,200
588,900
586,700
144,900
158,100
167,500
710,500
182,500
191,000
200,900
803,100
225,900
383,000
389,600
1,079,500
403,000
411,700
416,800
1,178,700
429,700
439,500
447,500
1,305,200
459,900
566,600
582,500
1,758,525
2,175,841
2,149,203
1,733,536
1,805,745
1,812,133
1,818,186
1,819,837
728,421
713,773
713,297
712,128
0
0
0
0
4,570,855
0
0
0
5,637,947
3,828,423
4,121,902
5,887,009
5,888,246
5,890,767
6,135,650
6,137,770
6,140,077
6,142,663
6,146,444
6,151,349
6,156,656
6,164,883
6,170,047
6,173,781
6,180,558
6,192,426
6,198,594
6,213,038
6,222,644
6,227,772
6,238,808
6,228,608
6,256,353
6,263,457
6,281,380
6,288,165
6,291,213
6,296,650
6,279,697
6,278,199
6,208,000
6,147,000
6,157,000
6,163,000
6,175,000
6,117,000
6,160,000
6,167,000
6,185,000
6,134,000
6,333,000
6,343,000
6,360,000
6,324,000
6,339,000
6,351,000
6,362,000
6,361,000
6,378,000
6,387,000
6,399,000
6,391,000
6,399,000
6,406,000
6,416,000
6,416,000
6,424,000
6,433,000
6,447,000
8,129,000
8,139,000
8,150,000
8,159,000

8,159,000

8,150,000

8,139,000

8,129,000

6,447,000

6,433,000

6,424,000

6,416,000

6,406,000

6,399,000

6,391,000

6,399,000

6,387,000

6,378,000

6,361,000

6,362,000

6,351,000

6,339,000

6,324,000

6,360,000

6,343,000

6,333,000

6,134,000

6,185,000

6,167,000

6,160,000

6,117,000

6,175,000

6,163,000

6,157,000

6,147,000

6,208,000

6,278,199

6,279,697

6,296,650

6,291,213

6,288,165

6,281,380

6,263,457

6,256,353

6,228,608

6,238,808

6,227,772

6,222,644

6,213,038

6,198,594

6,192,426

6,180,558

6,173,781

6,170,047

6,164,883

6,156,656

6,151,349

6,146,444

6,142,663

6,140,077

6,137,770

6,135,650

5,890,767

5,888,246

5,887,009

4,121,902

3,828,423

5,637,947

4,570,855

712,128

713,297

713,773

728,421

1,819,837

1,818,186

1,812,133

1,805,745

1,733,536

2,149,203

2,175,841

1,758,525

582,500

566,600

459,900

1,305,200

447,500

439,500

429,700

1,178,700

416,800

411,700

403,000

1,079,500

389,600

383,000

225,900

803,100

200,900

191,000

182,500

710,500

167,500

158,100

144,900

586,700

588,900

590,200

587,100

587,000

552,000

551,600

549,300

544,100

494,800

495,100

489,000

449,000

419,600

418,700

419,300

419,500

397,000

343,200

321,400

302,600

286,200

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	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31	1993-12-31	1992-12-31	1991-12-31	1990-12-31	1989-12-31	1988-12-31	1987-12-31	1986-12-31	1985-12-31
Accounts Payable	294,000	254,000	235,000	189,000	203,000	175,000	195,000	154,000	126,000	285,800	264,589	279,613	243,709	199,240	138,609	149,795	168,886	140,691	133,477	67,996	52,447	67,064	56,700	42,800	36,800	43,300	43,600	31,600	27,100	28,700	32,900	42,600	-	-	-	-
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	-	-	-	-
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	-	-	-	-
Accumulated Other Comprehensive Income	-26,000	-23,000	-45,000	-49,000	-36,000	-34,000	-79,000	-86,000	-88,000	-81,868	-34,635	-116,191	-97,677	-71,446	-64,677	-82,251	-18,383	-18,766	0	-183,780	-1,276,386	-1,152,575	-848,500	-755,400	-682,800	-590,800	-535,100	-484,200	-406,200	-371,500	-338,500	-309,000	-283,100	-261,400	-244,400	-228,400
Additional Paid In Capital	0	0	0	0	0	0	0	0	0	4,915,591	4,727,804	4,444,988	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Capital Lease Obligations	73,000	70,000	80,000	81,000	89,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Capital Stock	2,000	2,000	2,000	2,000	2,000	2,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Capital Surpluse	0	6,824,000	6,781,000	6,747,000	6,700,000	6,657,000	6,432,000	6,388,000	6,351,000	6,301,729	6,261,396	6,222,644	6,180,558	6,156,675	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Cash	330,000	85,000	116,000	547,000	60,000	130,000	55,000	75,000	45,000	23,080	26,964	24,433	14,207	13,112	22,256	9,542	16,739	31,854	65,077	19,691	28,571	43,100	39,100	12,700	13,000	23,700	31,500	53,400	29,100	10,200	13,600	11,900	18,500	19,900	28,400	33,700
Cash And Equivalents	0	85,000	116,000	547,000	60,000	130,000	55,000	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	-	-	-	-
Cash And Short Term Investments	330,000	85,000	116,000	547,000	60,000	130,000	55,000	75,000	45,000	23,080	26,964	24,433	14,207	13,112	22,256	9,542	16,739	31,854	0	19,691	28,571	43,100	39,100	12,700	13,000	23,700	31,500	53,400	29,100	10,200	13,600	11,900	18,500	19,900	28,400	33,700
Common Stock	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	1,795	1,784	1,770	1,757	1,750	1,746	1,600	1,600	1,600	1,600	125,020	123,525	121,630	101,100	99,600	98,000	42,400	40,800	39,100	0	0	0	0	-	-	-	-
Common Stock Shares Outstanding	193,000	182,000	182,000	182,000	181,000	180,000	179,000	179,000	180,000	179,806	179,000	177,671	176,531	175,124	168,164	159,967	160,000	160,000	188,977	99,465	97,988	96,544	95,234	94	74,580	66,742	63,846	62,087	61,731	61,316	61,304	61,026	60,978	60,549	61,000	60,395
Common Stock Total Equity	0	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	1,795	1,784	1,770	1,757	1,750	1,746	1,600	1,600	1,600	0	125,020	123,525	121,630	101,100	99,600	98,000	42,400	40,800	39,100	0	0	0	0	-	-	-	-
Current Deferred Revenue	951,000	2,437,000	965,000	729,000	726,000	45,000	736,000	-154,000	-126,000	-285,800	-264,589	-279,613	-243,709	-199,240	105,680	0	0	0	0	0	0	0	0	103,700	93,600	84,700	0	71,700	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	-	-	-	-
Deferred Long Term Liab	0	990,000	1,051,000	1,127,000	1,128,000	1,156,000	1,061,000	1,289,000	2,334,000	2,145,753	1,848,496	1,499,062	1,318,224	1,124,078	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	-	-	-	-
Good Will	1,143,000	1,143,000	1,139,000	1,504,000	1,501,000	1,575,000	1,379,000	1,345,000	1,302,000	1,208,043	1,207,764	1,207,250	1,195,069	1,250,692	1,250,381	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Intangible Assets	0	0	0	55,000	67,000	84,000	9,000	10,000	12,000	1,208,043	1,207,764	1,207,250	1,195,069	1,250,692	1,250,381	1,699,517	2,456,952	2,962,493	3,181,570	23,400	0	0	24,400	22,700	22,700	22,600	22,700	22,700	22,600	22,600	22,500	22,300	22,200	22,100	22,100	22,000
Inventory	112,000	98,000	57,000	47,000	44,000	41,000	41,000	39,000	38,000	37,190	32,973	29,772	28,598	28,867	29,521	28,948	27,458	23,012	27,462	32,281	20,683	20,058	11,900	11,400	11,100	9,600	9,800	9,000	8,300	7,900	7,600	7,600	7,300	7,100	6,600	6,100
Liabilities And Stockholders Equity	30,298,000	27,787,000	26,075,000	24,766,000	22,682,000	21,223,000	19,482,000	18,482,000	17,241,000	16,130,956	15,069,533	14,718,976	14,776,391	14,079,773	13,452,651	13,231,818	12,934,072	12,783,059	0	6,607,099	6,134,798	5,952,206	4,708,300	4,314,300	4,032,200	3,403,100	3,206,700	2,994,000	2,415,800	2,240,500	2,092,600	1,916,300	1,737,100	1,615,600	1,498,000	1,383,000
Long Term Debt	11,715,000	10,929,000	10,344,000	9,329,000	8,639,000	7,569,000	6,490,000	5,749,000	349,000	367,693	5,588,610	5,570,246	5,726,917	6,021,480	5,312,126	4,648,213	4,699,133	4,870,879	4,786,518	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Long Term Debt Total	0	10,926,000	10,341,000	9,329,000	8,639,000	7,569,000	6,490,000	5,749,000	5,862,000	5,432,744	5,588,610	5,570,246	5,726,917	6,021,480	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Long Term Investments	0	0	0	0	0	0	0	0	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	-	-	-	-
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	-	-	-	-
Net Debt	12,112,000	12,367,000	10,946,000	10,474,000	9,482,000	8,474,000	7,662,000	7,107,000	6,511,000	5,936,256	5,847,575	5,570,841	5,890,785	5,694,889	5,463,435	5,269,353	4,975,067	4,071,678	0	3,524,358	3,219,647	3,003,053	2,208,800	2,018,000	1,907,900	1,553,800	1,432,900	1,333,000	1,141,300	1,051,700	1,027,300	901,500	773,100	699,600	624,200	597,800
Net Invested Capital	22,166,000	20,075,000	18,280,000	17,394,000	15,574,000	14,468,000	13,102,000	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 Receivables	727,000	723,000	519,000	527,000	466,000	487,000	484,000	532,000	522,000	455,225	433,540	385,003	338,424	350,077	353,650	333,635	261,043	253,702	186,918	239,207	187,853	169,558	139,800	127,500	124,900	113,100	112,400	110,000	96,600	98,100	96,000	90,400	81,100	78,200	84,200	73,100
Net Tangible Assets	0	10,519,000	10,086,000	6,458,000	6,126,000	4,205,000	3,997,000	3,863,000	12,044,000	5,298,785	3,537,217	3,254,879	3,061,905	2,900,304	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Net Working Capital	-762,000	-1,561,000	-587,000	-975,000	-760,000	-1,313,000	-1,605,000	-1,608,000	-876,000	-579,629	-685,143	-495,385	-639,086	-240,199	-108,265	-687,085	-344,135	-951,221	0	-494,146	-496,355	-213,027	-89,500	-133,600	-167,700	-156,700	-106,200	-112,700	-175,100	-82,700	-211,000	-121,100	-	-	-	-
Non Current Assets Total	28,909,000	26,537,000	24,521,000	22,860,000	21,397,000	20,442,000	18,762,000	17,698,000	16,584,000	15,469,587	14,519,143	14,219,529	14,308,590	13,545,466	12,953,524	12,814,143	12,503,718	12,370,618	0	6,276,511	5,857,102	5,673,525	4,496,500	4,141,400	3,864,900	3,238,700	3,036,100	2,804,300	2,265,200	2,107,800	1,960,700	1,792,500	1,618,200	1,498,200	1,367,600	1,260,000
Non Current Liabilities Other	1,747,000	3,531,000	3,507,000	6,098,000	5,872,000	1,400,000	1,342,000	1,285,000	2,102,000	2,012,676	1,651,913	2,190,987	1,980,624	2,004,166	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Non Current Liabilities Total	18,350,000	17,283,000	16,636,000	15,431,000	14,516,000	13,265,000	11,772,000	10,872,000	10,659,000	9,974,367	9,106,196	9,279,156	9,429,120	9,172,995	8,839,843	3,869,109	5,313,755	3,679,807	0	3,213,101	2,916,606	3,044,142	2,590,300	2,324,400	2,135,300	1,778,400	1,678,000	1,536,200	1,083,700	1,074,900	913,200	871,300	773,600	707,800	649,500	644,300
Non Currrent Assets Other	416,000	-495,000	2,206,000	1,496,000	1,494,000	63,000	76,000	72,000	2,651,000	2,440,291	2,127,981	2,480,165	2,092,423	2,343,849	73,730	71,044	728,805	687,568	0	610,422	485,554	589,037	343,300	313,300	304,800	276,100	310,000	275,200	85,000	73,500	57,200	47,800	26,700	23,800	22,200	24,400
Noncontrolling Interest In Consolidated Entity	0	0	0	0	0	0	0	0	0	4,915,591	4,727,804	1,720	4,547	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Other Assets	0	1,369,000	2,206,000	1,496,000	1,494,000	1,374,000	1,128,000	1,351,000	1,349,000	1,232,248	920,217	1,272,915	1,162,565	1,093,157	1,025,750	990,698	728,805	687,568	621,995	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Other Current Assets	186,000	312,000	159,000	127,000	118,000	95,000	113,000	709,000	612,000	638,289	523,426	475,014	453,594	521,195	52,680	45,550	125,114	103,873	93,172	39,409	40,589	45,965	21,000	21,300	18,300	18,000	16,900	17,300	16,600	16,500	14,700	13,900	12,000	12,200	11,200	10,100
Other Current Liab	252,000	-1,336,000	300,000	352,000	302,000	839,000	167,000	969,000	851,000	729,907	591,052	608,928	562,979	500,047	189,538	300,133	288,634	215,843	249,003	176,568	148,030	146,425	102,700	100	100	200	76,800	100	72,300	72,800	68,800	64,200	86,900	90,200	88,900	61,200
Other Liab	0	6,284,000	6,212,000	6,017,000	5,783,000	5,689,000	5,274,000	5,113,000	4,784,000	1,305,497	984,938	1,574,588	1,400,846	1,598,913	1,670,170	1,721,262	1,421,170	1,352,373	1,178,687	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Other Stockholder Equity	8,159,000	6,444,000	6,413,000	6,395,000	6,357,000	6,353,000	6,177,000	6,165,000	6,196,000	6,275,712	6,239,176	6,222,644	6,180,558	6,156,656	6,140,077	5,888,246	5,637,947	4,570,855	0	728,421	1,805,745	1,758,525	1,305,200	1,178,700	1,079,500	803,100	710,500	586,700	587,000	544,100	449,000	419,500	343,200	321,400	302,600	286,200
Preferred Stock Redeemable	0	3,000	3,000	4,000	5,000	7,000	8,000	10,000	0	0	0	0	0	23,271	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	4,915,591	4,727,804	1,720	4,547	4,547	4,557	4,557	4,568	4,568	4,571	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Property Plant And Equipment Gross	32,275,000	29,818,000	27,505,000	19,805,000	18,335,000	17,409,000	16,246,000	14,992,000	13,933,000	13,029,296	12,391,162	11,739,364	11,021,098	11,201,617	10,677,393	10,123,928	9,317,961	8,720,557	0	5,642,689	5,371,548	5,084,488	4,128,800	3,805,400	3,537,400	2,940,000	2,703,400	2,506,400	2,157,600	2,011,700	1,881,000	1,722,400	1,569,300	1,452,300	1,323,300	1,213,600
Property Plant And Equipment Net	25,524,000	23,305,000	21,176,000	19,805,000	18,335,000	17,409,000	16,246,000	14,992,000	13,933,000	13,029,296	12,391,162	11,739,364	11,021,098	11,201,617	10,677,393	10,123,928	9,317,961	8,720,557	0	5,642,689	5,371,548	5,084,488	4,128,800	3,805,400	3,537,400	2,940,000	2,703,400	2,506,400	2,157,600	2,011,700	1,881,000	1,722,400	1,569,300	1,452,300	1,323,300	1,213,600
Property Plant Equipment	0	6,531,000	21,176,000	19,710,000	18,232,000	17,409,000	16,246,000	14,992,000	13,933,000	13,029,296	12,391,162	11,739,364	11,021,098	11,201,617	9,550,564	9,080,368	8,381,522	7,851,097	7,406,785	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Retained Earnings	1,659,000	1,267,000	925,000	102,000	-207,000	-464,000	-723,000	-873,000	-1,073,000	-1,295,549	-1,495,698	-1,664,955	-1,848,801	-1,959,235	-2,076,287	-1,705,594	-1,079,118	-736,292	0	1,137,772	1,069,486	1,001,029	778,500	717,200	662,200	664,500	618,900	578,600	538,300	502,800	459,300	427,400	402,300	366,900	331,100	306,700
Retained Earnings Total Equity	0	1,267,000	925,000	102,000	-207,000	-464,000	-723,000	-873,000	-1,073,000	-1,295,549	-1,495,698	-1,664,955	-1,848,801	-1,959,235	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Short Long Term Debt	654,000	1,456,000	641,000	1,611,000	814,000	1,035,000	1,227,000	1,423,000	54,000	61,000	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	12,442,000	12,452,000	11,062,000	11,021,000	9,542,000	8,604,000	7,717,000	7,182,000	6,556,000	5,959,336	5,874,539	5,595,274	5,904,992	5,708,001	5,485,691	5,278,895	4,991,806	4,103,532	0	3,544,049	3,248,218	3,046,153	2,247,900	2,030,700	1,920,900	1,577,500	1,464,400	1,386,400	1,170,400	1,061,900	1,040,900	913,400	791,600	719,500	652,600	631,500
Short Term Debt	654,000	1,456,000	641,000	1,611,000	814,000	1,035,000	1,227,000	1,423,000	682,000	511,091	644,481	385,904	543,908	274,459	173,565	654,832	316,969	1,007,128	0	580,170	573,574	278,219	141,900	159,900	204,500	192,900	156,400	199,000	226,300	113,900	241,200	138,100	107,300	96,000	76,300	46,100
Short Term Investments	62,000	67,000	17,000	11,000	8,000	3,000	3,000	1,000	4,000	13,859	28,505	29,756	32,438	94,066	41,020	454	3,258	2,100	7,497	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Temporary Equity Redeemable Noncontrolling Interests	0	0	0	0	0	0	0	0	0	4,915,591	4,727,804	4,444,988	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Total Assets	30,298,000	27,787,000	26,075,000	24,766,000	22,682,000	21,223,000	19,482,000	18,482,000	17,241,000	16,130,956	15,069,533	14,718,976	14,776,391	14,079,773	13,452,651	13,231,818	12,934,072	12,783,059	11,847,045	6,607,099	6,134,798	5,952,206	4,708,300	4,314,300	4,032,200	3,403,100	3,206,700	2,994,000	2,415,800	2,240,500	2,092,600	1,916,300	1,737,100	1,615,600	1,498,000	1,383,000
Total Current Assets	1,389,000	1,250,000	1,554,000	1,906,000	1,285,000	781,000	720,000	784,000	657,000	661,369	550,390	499,447	467,801	534,307	499,127	417,675	430,354	412,441	0	330,588	277,696	278,681	211,800	172,900	167,300	164,400	170,600	189,700	150,600	132,700	131,900	123,800	118,900	117,400	130,400	123,000
Total Current Liabilities	2,151,000	2,811,000	2,141,000	2,881,000	2,045,000	2,094,000	2,325,000	2,392,000	1,533,000	1,240,998	1,235,533	994,832	1,106,887	774,506	607,392	1,104,760	774,489	1,363,662	2,496,314	824,734	774,051	491,708	301,300	306,500	335,000	321,100	276,800	302,400	325,700	215,400	342,900	244,900	194,200	186,200	165,200	107,300
Total Liab	20,501,000	20,094,000	18,777,000	18,312,000	16,561,000	15,359,000	14,097,000	13,264,000	12,192,000	11,215,365	10,341,729	10,273,988	10,536,007	9,947,501	9,447,235	9,101,110	8,363,162	7,186,619	9,037,758	4,799,666	4,412,428	4,223,597	3,372,000	3,074,200	2,875,300	2,483,900	2,371,600	2,273,800	1,696,700	1,565,100	1,522,800	1,378,400	1,274,700	1,188,700	1,108,700	1,018,500
Total Permanent Equity	0	0	0	0	0	0	0	0	0	4,915,591	4,727,804	4,444,988	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Total Stockholder Equity	9,797,000	7,693,000	7,298,000	6,454,000	6,121,000	5,864,000	5,385,000	5,218,000	5,049,000	4,915,591	4,727,804	4,444,988	4,240,384	4,132,272	4,005,416	4,130,708	4,570,910	5,596,440	2,809,287	1,807,433	1,722,370	1,728,609	1,336,300	1,240,100	1,156,900	919,200	835,100	720,200	719,100	675,400	569,800	537,900	462,400	426,900	389,300	364,500
Treasury Stock	0	0	-365,000	-348,000	-338,000	-297,000	-247,000	-213,000	-143,000	-10,516	-5,043	-4,444,988	0	-19	0	-7	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Warrants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-

	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	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31	1999-09-30	1999-06-30	1999-03-31	1998-12-31	1998-09-30	1998-06-30	1998-03-31	1997-12-31	1997-09-30	1997-06-30	1997-03-31	1996-12-31	1996-09-30	1996-06-30	1996-03-31	1995-12-31	1995-09-30	1995-06-30	1995-03-31	1994-12-31	1994-09-30	1994-06-30	1994-03-31	1993-12-31	1993-09-30	1993-06-30	1993-03-31	1992-12-31	1992-09-30	1992-06-30	1992-03-31	1991-12-31	1991-09-30	1991-06-30	1991-03-31	1990-12-31	1990-09-30	1990-06-30	1990-03-31	1989-12-31	1989-09-30	1989-06-30	1989-03-31	1988-12-31	1988-09-30	1988-06-30	1988-03-31	1987-12-31	1987-09-30	1987-06-30	1987-03-31	1986-12-31	1986-09-30	1986-06-30	1986-03-31	1985-12-31	1985-09-30
Accounts Payable	294,000	228,000	246,000	193,000	254,000	220,000	196,000	175,000	235,000	175,000	146,000	134,000	189,000	162,000	169,000	152,000	203,000	149,000	140,000	130,000	175,000	141,000	139,000	133,000	195,000	144,000	134,000	108,000	154,000	135,000	148,000	116,000	126,000	281,291	283,570	203,409	285,800	260,713	192,441	183,839	264,589	209,768	178,418	166,723	279,613	202,283	183,908	162,414	243,709	190,556	159,024	132,725	199,240	166,388	147,573	116,843	138,609	119,271	123,116	115,066	149,795	160,518	137,303	119,209	168,886	124,171	0	0	140,691	-	-	-	133,477	48,567	61,303	45,657	67,996	46,344	37,735	34,283	52,447	40,611	37,851	40,498	67,064	49,100	50,900	33,800	56,700	29,800	27,500	26,900	42,800	28,500	27,300	23,300	36,800	25,700	22,700	20,300	43,300	32,100	41,500	29,400	43,600	24,600	27,200	23,000	31,600	19,000	16,800	17,200	27,100	19,500	20,600	20,600	28,700	21,000	22,200	22,700	32,900	24,600	35,700	31,700	42,600	21,400	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accumulated Amortization	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accumulated Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accumulated Other Comprehensive Income	-26,000	-22,000	-22,000	-23,000	-23,000	-39,000	-40,000	-44,000	-45,000	-45,000	-46,000	-48,000	-49,000	-38,000	-39,000	-41,000	-36,000	-46,000	-47,000	-47,000	-34,000	-60,000	-69,000	-75,000	-79,000	-87,000	-85,000	-82,000	-86,000	-99,000	-96,000	-87,000	-88,000	-79,175	-80,053	-81,503	-81,868	-35,942	-34,671	-35,151	-34,635	-109,901	-112,468	-114,286	-116,191	-91,507	-93,890	-95,549	-97,677	-68,555	-68,696	-69,958	-71,446	-61,086	-62,546	-63,203	-64,677	-76,344	-78,357	-81,281	-82,251	-16,314	-19,000	-19,000	-18,383	0	0	0	-18,766	-	-	-	0	-183,780	-183,780	-183,780	-183,780	-1,276,386	-1,276,386	-1,276,386	-1,276,386	-1,152,575	-1,552,575	-1,552,575	-1,152,575	0	0	0	-848,500	0	0	0	-755,400	0	0	0	-682,800	0	0	0	-590,800	0	0	0	-535,100	0	0	0	-484,200	-406,200	-406,200	-406,200	-406,200	-371,500	-371,500	-371,500	-371,500	-338,500	-338,500	-338,500	-338,500	-309,000	-309,000	-309,000	-309,000	-283,100	-	-	-283,100	-	-	-	-261,400	-	-	-	-244,400	-	-	-	-228,400	-
Additional Paid In Capital	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	5,165,452	5,053,390	4,992,938	4,915,591	4,919,652	4,873,126	4,801,087	4,727,804	4,632,932	4,572,126	4,509,662	4,444,988	4,449,340	4,325,975	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	73,000	74,000	70,000	70,000	70,000	78,000	79,000	78,000	80,000	81,000	79,000	84,000	81,000	83,000	84,000	87,000	89,000	94,000	97,000	101,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital Stock	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	8,541,000	8,529,000	8,519,000	6,824,000	6,813,000	6,804,000	6,796,000	6,781,000	6,772,000	6,765,000	6,757,000	6,747,000	6,739,000	6,730,000	6,713,000	6,700,000	6,695,000	6,683,000	6,668,000	6,657,000	6,647,000	6,637,000	6,438,000	6,432,000	6,423,000	6,416,000	6,400,000	6,388,000	6,388,000	6,382,000	6,368,000	6,351,000	6,348,609	6,324,039	6,313,242	6,301,729	6,297,187	6,290,402	6,272,277	6,261,396	6,251,286	6,243,851	6,232,815	6,222,644	6,213,038	6,198,594	6,192,426	6,180,558	6,173,781	6,170,047	6,164,883	6,156,675	6,151,349	6,146,444	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	330,000	628,000	794,000	213,000	85,000	77,000	71,000	75,000	116,000	70,000	70,000	69,000	547,000	560,000	569,000	556,000	60,000	94,000	64,000	63,000	130,000	86,000	68,000	55,000	55,000	93,000	64,000	78,000	75,000	46,000	52,000	66,000	45,000	75,224	144,752	24,294	23,080	74,128	32,133	30,755	26,964	32,454	20,366	21,181	24,433	18,531	12,919	9,502	14,207	15,621	13,466	13,528	13,112	23,501	20,610	12,633	22,256	7,831	9,012	8,516	9,542	6,689	7,788	9,202	16,739	151,259	0	0	31,854	-	-	-	65,077	40,031	24,479	15,511	19,691	43,357	17,772	20,232	28,571	22,746	43,148	38,407	43,100	46,000	47,500	45,600	39,100	29,200	24,300	25,300	12,700	10,700	9,400	10,400	13,000	37,200	22,600	30,800	23,700	26,000	14,800	43,900	31,500	38,400	21,300	47,200	53,400	40,000	34,700	9,000	29,100	8,000	11,800	15,100	10,200	8,500	5,900	19,400	13,600	8,600	5,700	11,300	11,900	9,100	-	-	18,500	-	-	-	19,900	-	-	-	28,400	-	-	-	33,700	-
Cash And Equivalents	0	628,000	794,000	213,000	85,000	77,000	71,000	75,000	116,000	70,000	70,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash And Short Term Investments	330,000	628,000	794,000	213,000	85,000	77,000	71,000	75,000	116,000	70,000	70,000	69,000	547,000	560,000	569,000	556,000	60,000	94,000	64,000	63,000	130,000	86,000	68,000	55,000	55,000	93,000	64,000	78,000	75,000	46,000	52,000	66,000	45,000	75,224	144,752	24,294	23,080	74,128	32,133	30,755	26,964	32,454	20,366	21,181	24,433	18,531	12,919	9,502	14,207	15,621	13,466	13,528	13,112	23,501	20,610	12,633	22,256	7,831	9,012	8,516	9,542	6,689	7,788	9,202	16,739	0	0	0	31,854	-	-	-	0	40,031	24,479	15,511	19,691	43,357	17,772	20,232	28,571	22,746	43,148	38,407	43,100	46,000	47,500	45,600	39,100	29,200	24,300	25,300	12,700	10,700	9,400	10,400	13,000	37,200	22,600	30,800	23,700	26,000	14,800	43,900	31,500	38,400	21,300	47,200	53,400	40,000	34,700	9,000	29,100	8,000	11,800	15,100	10,200	8,500	5,900	19,400	13,600	8,600	5,700	11,300	11,900	9,100	-	-	18,500	-	-	-	19,900	-	-	-	28,400	-	-	-	33,700	-
Common Stock	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	1,807	1,801	1,799	1,795	1,793	1,791	1,790	1,784	1,781	1,779	1,777	1,770	1,767	1,763	1,762	1,757	1,755	1,754	1,753	1,750	1,749	1,747	1,747	1,746	1,746	1,746	1,600	1,600	1,600	1,600	3,809,423	1,600	1,600	0	0	1,600	-	-	-	1,600	125,108	125,078	125,060	125,020	125,008	124,468	123,952	123,525	123,122	122,764	122,331	121,630	121,200	120,800	101,600	101,100	100,800	100,400	100,000	99,600	99,300	99,000	98,500	98,000	97,700	97,200	42,900	42,400	42,000	41,600	41,200	40,800	40,400	39,900	39,300	39,100	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Stock Shares Outstanding	195,000	195,000	195,000	186,000	182,000	182,000	182,000	182,000	182,000	182,000	182,000	182,000	181,000	182,000	181,000	181,000	181,000	181,000	181,000	181,000	181,000	181,000	179,000	179,000	179,000	179,000	179,000	179,000	178,000	178,000	178,000	179,000	180,000	180,000	180,371	180,000	180,142	179,948	179,693	179,457	179,469	179,154	178,910	178,465	178,113	177,841	177,491	177,028	177,028	176,593	176,419	176,048	176,048	175,062	174,850	174,797	174,797	174,691	163,301	160,011	160,011	160,000	159,976	160,000	160,000	158,717	158,717	158,717	158,717	162,244	162,244	160,000	0	100,062	100,034	100,032	100,032	99,723	99,256	98,873	98,873	98,139	97,816	97,479	97,479	96,672	96,341	97,130	81,304	97,455	91,905	79,231	79,231	78,704	78,462	77,273	77,273	78,444	72,857	69,565	69,565	67,234	66,000	65,789	65,789	63,810	66,765	69,333	69,333	62,955	61,471	61,333	61,333	61,667	62,258	61,667	61,667	61,111	61,935	59,000	59,000	60,667	60,870	58,571	58,571	60,769	61,154	62,143	62,143	61,515	60,417	60,000	60,000	62,000	61,250	60,000	60,000	61,000	61,481	61,765	61,765	61,667
Common Stock Total Equity	0	0	2,000	2,000	2,000	0	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	1,807	1,801	1,799	1,795	1,793	1,791	1,790	1,784	1,781	1,779	1,777	1,770	1,767	1,763	1,762	1,757	1,755	1,754	1,753	1,750	1,749	1,747	1,747	1,746	1,746	1,746	1,600	1,600	1,600	0	0	1,600	0	0	0	1,600	-	-	-	0	125,108	125,078	125,060	125,020	125,008	124,468	123,952	123,525	123,122	122,764	122,331	121,630	121,200	120,800	101,600	101,100	100,800	100,400	100,000	99,600	99,300	99,000	98,500	98,000	97,700	97,200	42,900	42,400	42,000	41,600	41,200	40,800	40,400	39,900	39,300	39,100	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current Deferred Revenue	951,000	811,000	731,000	85,000	2,437,000	2,372,000	2,430,000	0	2,421,000	696,000	660,000	640,000	2,113,000	670,000	660,000	631,000	1,893,000	664,000	578,000	553,000	1,718,000	611,000	647,000	643,000	1,551,000	662,000	599,000	621,000	2,596,000	671,000	477,000	522,000	2,310,000	143,374	-283,570	150,648	86,601	144,007	93,124	147,784	1,822,088	147,559	91,962	-166,723	1,471,153	149,744	96,528	162,174	195,494	151,146	106,631	168,913	157,602	160,121	114,903	-116,843	140,821	-119,271	116,523	161,535	95,643	0	0	0	0	0	0	0	0	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	167,400	139,900	0	0	115,400	0	0	103,700	0	0	112,800	93,600	0	0	0	84,700	94,600	0	0	0	0	0	0	71,700	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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred Long Term Liab	0	1,039,000	0	1,004,000	990,000	1,075,000	1,053,000	1,049,000	1,051,000	1,128,000	1,145,000	1,127,000	1,127,000	1,144,000	1,144,000	1,132,000	1,128,000	1,178,000	1,180,000	1,161,000	1,156,000	1,086,000	1,069,000	1,062,000	1,061,000	0	0	0	1,289,000	0	0	0	2,334,000	2,399,857	2,308,408	2,224,357	2,145,753	2,143,861	2,053,194	2,023,732	1,848,496	1,771,113	1,666,854	1,545,941	1,499,062	1,563,029	1,462,869	1,361,378	1,318,224	1,265,367	1,194,052	1,167,020	1,124,078	1,081,708	1,000,776	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earning Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Good Will	1,143,000	1,143,000	1,143,000	1,143,000	1,143,000	1,143,000	1,143,000	1,139,000	1,139,000	1,511,000	1,511,000	1,511,000	1,504,000	1,504,000	1,506,000	1,499,000	1,501,000	1,576,000	1,575,000	1,575,000	1,575,000	1,571,000	1,621,000	1,379,000	1,379,000	1,373,000	1,373,000	1,345,000	1,345,000	1,313,000	1,313,000	1,313,000	1,302,000	1,312,888	1,209,841	1,208,043	1,208,043	1,208,065	1,208,065	1,208,065	1,207,764	1,207,741	1,207,336	1,207,161	1,207,250	1,207,572	1,207,572	1,195,069	1,195,069	1,195,510	1,195,510	1,204,227	1,250,692	1,250,692	1,250,692	1,250,417	1,250,381	1,250,067	1,250,067	1,249,839	1,699,517	1,704,310	1,706,675	1,706,952	2,456,952	2,719,634	0	0	2,962,493	-	-	-	3,181,570	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Intangible Assets	0	0	0	0	0	0	0	0	0	47,000	50,000	52,000	55,000	58,000	61,000	64,000	67,000	74,000	78,000	80,000	84,000	91,000	101,000	1,379,000	1,379,000	1,373,000	1,373,000	1,345,000	1,345,000	1,313,000	1,313,000	1,313,000	1,302,000	1,312,888	1,209,841	1,208,043	1,208,043	1,208,065	1,208,065	1,208,065	1,207,764	1,207,741	1,207,336	1,207,161	1,207,250	1,207,572	1,207,572	1,195,069	1,195,069	1,195,510	1,195,510	1,204,227	1,250,692	1,250,692	1,250,692	1,250,417	1,250,381	1,250,067	1,250,067	1,249,839	1,699,517	1,704,310	1,706,675	1,706,952	2,456,952	2,719,634	0	0	2,962,493	-	-	-	3,181,570	311,178	300,999	307,104	23,400	0	0	0	0	0	0	0	0	24,400	24,400	24,400	24,400	24,400	24,300	22,800	22,700	22,700	22,700	22,700	22,700	22,700	22,700	22,700	22,600	22,800	22,700	22,700	22,700	22,800	22,800	22,700	22,700	22,600	22,600	22,600	22,600	22,600	22,600	22,600	22,600	22,600	22,500	22,500	22,500	22,500	22,300	22,500	22,300	-	-	-	22,200	-	-	-	22,100	-	-	-	22,100	-	-	-	22,000	-
Inventory	112,000	111,000	109,000	103,000	98,000	93,000	85,000	71,000	57,000	53,000	52,000	52,000	47,000	49,000	51,000	50,000	44,000	46,000	48,000	44,000	41,000	42,000	42,000	42,000	41,000	42,000	41,000	41,000	39,000	40,000	42,000	41,000	38,000	37,965	38,332	38,622	37,190	37,203	36,845	35,242	32,973	35,053	33,819	31,150	29,772	31,925	31,712	30,355	28,598	30,491	31,414	30,606	28,867	31,345	29,908	30,089	29,521	30,835	32,869	32,811	28,948	32,949	31,679	28,961	27,458	29,708	0	0	23,012	-	-	-	27,462	33,610	33,505	32,861	32,281	23,154	22,614	21,467	20,683	21,372	20,708	21,512	20,058	19,800	19,200	12,100	11,900	12,500	12,400	12,700	11,400	12,900	12,200	12,000	11,100	12,100	12,200	11,500	9,600	10,400	10,500	10,200	9,800	10,500	11,100	10,400	9,000	9,800	9,600	8,600	8,300	9,500	9,300	8,800	7,900	8,500	8,500	8,200	7,600	8,200	7,900	8,100	7,600	7,800	-	-	7,300	-	-	-	7,100	-	-	-	6,600	-	-	-	6,100	-
Liabilities And Stockholders Equity	30,298,000	29,818,000	29,496,000	28,286,000	27,787,000	27,126,000	26,574,000	25,694,000	26,075,000	25,333,000	24,952,000	24,525,000	24,766,000	24,394,000	24,009,000	23,546,000	22,682,000	22,238,000	21,854,000	21,464,000	21,223,000	20,880,000	20,471,000	19,728,000	19,482,000	19,361,000	18,966,000	18,610,000	18,482,000	17,971,000	17,706,000	17,417,000	17,241,000	17,105,173	16,732,332	16,263,531	16,130,956	15,715,647	15,426,447	15,274,821	15,069,533	15,228,446	14,977,377	14,769,216	14,718,976	14,599,535	14,412,761	14,087,739	14,776,391	14,538,733	14,347,216	14,128,807	14,079,773	13,983,675	13,773,516	13,540,562	13,452,651	13,345,709	13,190,049	12,907,244	13,231,818	12,780,732	12,526,682	12,268,004	12,934,072	0	0	0	12,783,059	-	-	-	0	7,614,572	7,524,932	7,643,083	6,607,099	6,358,675	6,289,578	6,189,938	6,134,798	6,074,954	6,104,101	6,030,738	5,952,206	5,778,000	5,692,000	4,750,100	4,708,300	4,585,500	4,481,800	4,378,000	4,314,300	4,216,200	4,148,600	4,061,500	4,032,200	3,957,100	3,889,900	3,839,600	3,403,100	3,374,400	3,289,000	3,228,800	3,206,700	3,117,900	3,061,100	3,006,400	2,994,000	2,929,800	2,705,000	2,624,700	2,415,800	2,343,600	2,310,700	2,258,700	2,240,500	2,198,000	2,154,200	2,116,800	2,092,600	2,043,000	1,986,900	1,942,600	1,916,300	1,858,000	-	-	1,737,100	-	-	-	1,615,600	-	-	-	1,498,000	-	-	-	1,383,000	-
Long Term Debt	11,715,000	11,701,000	11,607,000	10,485,000	10,929,000	10,943,000	11,023,000	10,347,000	10,344,000	10,349,000	10,343,000	9,325,000	9,329,000	9,584,000	9,589,000	8,621,000	8,639,000	8,640,000	8,642,000	7,568,000	7,575,000	7,577,000	6,352,000	6,403,000	6,498,000	6,681,000	5,659,000	5,753,000	5,759,000	5,853,000	5,861,000	5,861,000	349,000	349,591	359,498	362,722	367,693	5,909,475	5,587,667	5,579,606	5,588,610	5,191,712	5,559,489	5,202,595	5,570,246	5,562,992	5,580,902	5,734,696	5,726,917	5,756,487	5,759,044	5,771,026	6,021,480	5,988,695	5,921,467	5,280,902	5,312,126	5,221,735	5,006,066	4,683,959	4,648,213	4,693,719	4,720,593	4,666,611	4,699,133	5,054,565	0	0	4,870,879	-	-	-	4,786,518	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long Term Debt Total	0	11,701,000	11,607,000	10,485,000	10,926,000	10,943,000	11,023,000	10,347,000	10,341,000	10,349,000	10,343,000	9,325,000	9,329,000	9,580,000	9,589,000	8,621,000	8,639,000	8,640,000	8,642,000	7,562,000	7,569,000	7,570,000	6,345,000	6,396,000	6,490,000	6,672,000	5,650,000	5,744,000	5,749,000	5,842,000	5,850,000	5,850,000	5,862,000	5,940,615	5,433,239	5,428,901	5,432,744	5,909,475	5,587,667	5,579,606	5,588,610	5,546,561	5,559,489	5,564,223	5,570,246	5,562,992	5,580,902	5,734,696	5,726,917	5,756,487	5,759,044	5,771,026	6,021,480	5,988,695	5,921,467	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long Term Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	2,000	0	0	0	4,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Negative Goodwill	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Debt	12,112,000	11,636,000	11,462,000	11,069,000	12,367,000	11,840,000	11,629,000	10,728,000	10,946,000	11,092,000	11,007,000	10,766,000	10,474,000	10,214,000	10,093,000	9,842,000	9,482,000	9,143,000	9,097,000	8,869,000	8,474,000	8,311,000	8,290,000	7,945,000	7,662,000	7,369,000	7,389,000	7,220,000	7,107,000	6,800,000	6,802,000	6,677,000	6,511,000	6,267,358	6,185,722	6,010,287	5,936,256	5,836,080	5,902,879	5,831,041	5,847,575	5,644,719	5,740,642	5,631,124	5,570,841	5,498,838	5,672,475	5,518,350	5,869,648	5,763,857	5,807,517	5,707,716	5,694,889	5,573,872	5,594,382	5,463,189	5,463,435	5,344,785	5,363,162	5,383,034	5,269,353	5,085,834	5,036,757	5,115,734	4,975,067	0	0	0	4,071,678	-	-	-	0	4,327,745	4,299,325	4,504,744	3,524,358	3,278,023	3,321,548	2,850,329	3,219,647	3,140,632	3,141,550	3,056,937	3,003,053	2,531,100	2,542,900	2,216,900	2,208,800	2,155,000	2,121,400	2,043,400	2,018,000	1,981,400	1,975,800	1,914,300	1,907,900	1,839,400	1,836,900	1,956,000	1,553,800	1,516,700	1,483,600	1,431,400	1,432,900	1,367,400	1,362,500	1,334,900	1,333,000	1,300,000	1,182,800	1,149,200	1,141,300	1,103,800	1,092,800	1,055,600	1,051,700	1,042,600	1,030,300	1,006,200	1,027,300	1,000,400	962,800	927,900	901,500	857,900	-	-	773,100	-	-	-	699,600	-	-	-	624,200	-	-	-	597,800	-
Net Invested Capital	22,166,000	22,087,000	21,887,000	20,759,000	20,075,000	19,597,000	19,191,000	18,185,000	18,280,000	17,947,000	17,688,000	17,334,000	17,394,000	17,203,000	16,916,000	16,554,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Receivables	727,000	754,000	757,000	703,000	723,000	631,000	667,000	520,000	519,000	597,000	565,000	493,000	527,000	559,000	505,000	464,000	466,000	522,000	516,000	477,000	487,000	550,000	536,000	461,000	484,000	546,000	524,000	477,000	532,000	587,000	526,000	467,000	522,000	595,763	514,490	461,844	455,225	486,339	470,783	426,975	433,540	481,519	440,850	366,730	385,003	423,476	405,466	321,533	338,424	372,179	371,137	317,872	350,077	419,164	388,682	351,069	353,650	382,542	362,469	321,258	333,635	303,664	299,929	241,116	261,043	228,931	0	0	253,702	-	-	-	186,918	299,809	291,639	255,014	239,207	237,995	209,853	180,001	187,853	199,445	194,723	168,180	169,558	188,200	191,200	133,300	139,800	149,400	143,100	121,800	127,500	136,400	136,000	121,900	124,900	135,100	136,400	121,900	113,100	132,900	130,100	106,500	112,400	122,900	124,900	108,200	110,000	122,300	115,500	94,500	96,600	106,300	109,000	94,500	98,100	109,400	113,400	99,000	96,000	108,600	101,900	89,800	90,400	97,000	-	-	81,100	-	-	-	78,200	-	-	-	84,200	-	-	-	73,100	-
Net Tangible Assets	0	8,754,000	12,655,000	12,423,000	10,519,000	6,615,000	10,376,000	10,222,000	10,086,000	9,519,000	5,129,000	9,160,000	6,458,000	8,921,000	8,666,000	8,522,000	6,126,000	4,540,000	6,033,000	5,938,000	5,871,000	5,867,000	5,743,000	5,458,000	5,393,000	5,527,000	5,393,000	5,296,000	5,228,000	5,249,000	5,164,000	5,093,000	12,044,000	5,529,329	5,427,179	5,369,956	5,298,785	4,935,610	4,889,090	4,817,058	3,537,217	3,442,826	3,382,434	3,318,433	3,254,879	3,259,369	3,133,131	3,075,100	3,061,905	3,085,117	2,984,533	2,965,147	2,900,304	2,904,316	2,812,565	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Working Capital	-762,000	61,000	225,000	-554,000	-1,561,000	-1,113,000	-710,000	-795,000	-587,000	-254,000	-140,000	-985,000	-975,000	-293,000	-217,000	-966,000	-760,000	-689,000	-576,000	-1,465,000	-1,313,000	-948,000	-2,118,000	-1,810,000	-1,605,000	-887,000	-1,853,000	-1,651,000	-1,608,000	-1,127,000	-1,049,000	-976,000	-876,000	-286,378	-622,103	-498,529	-579,629	-301,974	-527,276	-509,705	-685,143	-528,253	-503,466	-466,482	-495,385	-363,349	-411,590	-154,580	-91,446	99,447	165,568	170,659	-240,199	-114,025	-163,324	-163,861	-108,265	-84,160	-297,082	-748,620	-687,085	-440,266	-282,567	-456,600	-344,135	0	0	0	-951,221	-	-	-	0	-391,779	-478,049	-519,390	-494,146	-453,566	-469,408	-414,397	-496,355	-344,670	-274,904	-216,409	-213,027	-112,800	-108,200	-112,600	-89,500	-36,400	-183,100	-139,800	-133,600	-145,400	-139,700	-165,600	-167,700	-86,400	-222,100	-437,500	-156,700	-112,600	-136,400	-118,700	-106,200	-75,300	-56,800	-49,600	-112,700	-143,700	-74,700	-148,800	-175,100	-141,500	-50,800	-66,400	-82,700	-97,600	-81,700	-101,900	-211,000	-167,500	-137,900	-122,700	-121,100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non Current Assets Total	28,909,000	28,014,000	27,507,000	26,948,000	26,537,000	26,109,000	25,556,000	24,841,000	24,521,000	23,743,000	23,382,000	23,059,000	22,860,000	22,427,000	22,113,000	21,745,000	21,397,000	21,439,000	21,113,000	20,773,000	20,442,000	20,080,000	19,638,000	18,999,000	18,762,000	18,501,000	18,158,000	17,843,000	17,698,000	17,170,000	17,015,000	16,779,000	16,584,000	16,226,164	15,842,247	15,534,512	15,469,587	14,958,686	14,718,812	14,586,827	14,519,143	14,615,226	14,431,537	14,277,366	14,219,529	13,957,010	13,806,387	13,498,630	13,378,732	13,059,272	12,854,002	12,823,268	13,545,466	13,356,276	13,183,403	13,043,334	12,953,524	12,829,238	2,298,652	12,486,656	12,814,143	12,283,508	12,068,010	11,853,130	12,503,718	0	0	0	12,370,618	-	-	-	0	7,205,318	7,134,445	7,294,399	6,276,511	6,023,307	5,993,062	5,937,687	5,857,102	5,792,246	5,796,942	5,764,615	5,673,525	5,493,700	5,399,500	4,536,800	4,496,500	4,373,000	4,278,800	4,178,500	4,141,400	4,033,400	3,969,400	3,897,100	3,864,900	3,751,600	3,693,000	3,656,700	3,238,700	3,187,000	3,113,300	3,051,000	3,036,100	2,925,000	2,881,500	2,821,800	2,804,300	2,734,500	2,526,600	2,496,200	2,265,200	2,202,700	2,161,000	2,123,200	2,107,800	2,055,900	2,010,000	1,975,500	1,960,700	1,902,000	1,853,800	1,812,300	1,792,500	1,727,200	-	-	1,618,200	-	-	-	1,498,200	-	-	-	1,367,600	-	-	-	1,260,000	-
Non Current Liabilities Other	1,747,000	1,752,000	3,470,000	3,486,000	3,531,000	1,675,000	3,447,000	3,477,000	3,507,000	1,615,000	1,542,000	3,589,000	6,098,000	3,633,000	3,641,000	3,636,000	5,872,000	1,421,000	1,413,000	5,808,000	5,689,000	5,695,000	5,432,000	5,335,000	5,274,000	5,415,000	5,262,000	5,152,000	5,113,000	4,952,000	4,952,000	4,860,000	2,102,000	2,069,985	2,051,318	2,012,769	2,012,676	1,667,766	1,661,585	1,656,726	1,651,913	2,118,732	2,111,958	2,173,406	2,190,987	1,998,979	2,005,776	1,973,260	1,980,624	1,851,691	1,881,884	1,881,960	2,004,166	2,012,293	2,030,032	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non Current Liabilities Total	18,350,000	18,178,000	18,031,000	16,847,000	17,283,000	17,238,000	17,276,000	16,586,000	16,636,000	16,623,000	16,552,000	15,491,000	15,431,000	15,622,000	15,558,000	14,536,000	14,516,000	14,560,000	14,510,000	13,376,000	13,265,000	13,272,000	11,784,000	11,738,000	11,772,000	12,096,000	10,921,000	10,905,000	10,872,000	10,805,000	10,813,000	10,721,000	10,659,000	10,774,334	10,166,754	10,043,045	9,974,367	9,737,060	9,318,410	9,276,035	9,106,196	9,454,041	9,355,945	9,301,222	9,279,156	9,144,321	9,068,822	9,088,614	9,046,902	8,895,529	8,857,103	8,843,273	9,172,995	9,106,498	8,976,213	8,875,982	8,839,843	8,753,269	8,464,499	8,073,138	5,329,650	201,829	201,546	4,642,315	5,313,755	0	0	0	3,679,807	-	-	-	0	4,133,698	4,028,277	4,183,950	3,213,101	3,023,856	3,019,710	3,060,448	2,916,606	2,976,800	3,049,446	3,093,764	3,044,142	3,024,500	2,994,800	2,596,500	2,590,300	2,556,000	2,361,100	2,336,600	2,324,400	2,243,100	2,226,900	2,158,700	2,135,300	2,124,700	1,966,500	1,895,000	1,778,400	1,751,500	1,689,300	1,672,000	1,678,000	1,616,500	1,628,200	1,611,700	1,536,200	1,403,200	1,343,200	1,258,600	1,083,700	1,059,800	1,128,700	1,094,700	1,074,900	1,032,200	1,026,400	993,900	913,200	907,800	903,600	887,100	871,300	832,700	-	-	773,600	-	-	-	707,800	-	-	-	649,500	-	-	-	644,300	-
Non Currrent Assets Other	416,000	338,000	353,000	-539,000	1,176,000	-132,000	-210,000	2,213,000	2,206,000	202,000	200,000	199,000	1,496,000	202,000	201,000	203,000	1,494,000	201,000	202,000	57,000	1,374,000	76,000	70,000	81,000	1,137,000	73,000	70,000	72,000	1,361,000	75,000	79,000	79,000	1,349,000	77,133	2,484,266	1,227,902	1,232,248	76,435	79,884	60,993	920,217	62,471	1,296,331	2,484,431	1,272,915	80,851	1,211,504	1,164,062	1,162,565	1,075,918	1,058,550	1,063,343	1,093,157	15,614	87,514	2,300,917	1,025,750	2,297,107	-8,097,040	61,103	990,698	79,557	108,247	104,030	728,805	0	0	0	687,568	-	-	-	0	507,332	502,212	523,798	610,422	485,874	507,528	496,710	485,554	513,165	565,833	606,802	589,037	580,400	565,600	348,300	343,300	346,500	328,300	324,100	313,300	318,800	318,400	308,400	304,800	308,200	299,800	298,600	276,100	313,100	287,400	288,500	310,000	281,300	282,700	279,500	275,200	310,000	262,000	260,800	85,000	56,500	49,700	48,200	73,500	43,500	36,500	35,300	57,200	32,500	29,100	28,900	47,800	27,200	-	-	26,700	-	-	-	23,800	-	-	-	22,200	-	-	-	24,400	-
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	0	5,165,452	5,053,390	4,992,938	4,915,591	4,919,652	4,873,126	4,801,087	4,727,804	4,632,932	4,572,126	1,720	1,720	1,720	4,547	4,547	4,547	4,547	4,547	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Assets	0	1,377,000	1,373,000	1,370,000	1,369,000	1,520,000	2,220,000	2,213,000	2,206,000	1,505,000	1,513,000	1,493,000	1,496,000	1,501,000	1,503,000	1,493,000	1,494,000	1,529,000	1,550,000	1,379,000	1,374,000	1,355,000	1,139,000	1,143,000	2,516,000	2,820,000	2,767,000	2,715,000	2,706,000	2,611,000	2,698,000	2,681,000	2,651,000	2,757,686	2,597,949	2,548,881	2,569,883	2,290,563	2,273,715	2,258,400	2,274,784	2,651,849	2,654,977	2,635,924	2,634,585	2,576,751	2,572,757	2,507,445	2,506,690	2,411,965	2,390,791	2,402,143	2,486,901	2,483,360	2,453,289	2,452,345	2,429,680	2,441,506	10,395,692	2,384,257	2,822,360	2,540,837	2,570,834	2,556,815	3,303,809	3,532,956	0	0	3,765,277	-	-	-	3,909,087	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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 Current Assets	186,000	278,000	299,000	290,000	312,000	189,000	169,000	166,000	159,000	162,000	183,000	168,000	127,000	142,000	137,000	119,000	118,000	115,000	91,000	85,000	95,000	93,000	160,000	145,000	113,000	151,000	151,000	148,000	709,000	105,000	48,000	42,000	612,000	31,781	745,333	63,393	638,289	28,744	27,193	31,604	523,426	38,765	31,085	470,669	475,014	80,888	57,579	62,796	54,134	71,151	74,940	61,906	21,467	53,415	57,208	484,595	52,680	508,640	58,348	56,557	45,550	153,922	119,276	135,595	125,114	202,428	0	0	103,873	-	-	-	244,219	35,804	40,864	45,298	39,409	30,862	46,277	30,551	40,589	39,145	48,580	38,024	45,965	30,300	34,600	22,300	21,000	21,400	23,200	39,700	21,300	22,800	21,600	20,100	18,300	21,100	25,700	18,700	18,000	18,100	20,300	17,200	16,900	21,100	22,300	18,800	17,300	23,200	18,600	16,400	16,600	17,100	19,600	17,100	16,500	15,700	16,400	14,700	14,700	15,600	17,600	21,100	13,900	16,900	-	-	12,000	-	-	-	12,200	-	-	-	11,200	-	-	-	10,100	-
Other Current Liab	252,000	212,000	208,000	887,000	-1,336,000	-1,361,000	-1,496,000	1,095,000	-1,156,000	241,000	249,000	251,000	-1,032,000	317,000	295,000	294,000	-865,000	172,000	177,000	204,000	-834,000	169,000	152,000	159,000	-648,000	151,000	125,000	135,000	-1,781,000	118,000	111,000	83,000	-1,585,000	338,755	629,244	267,811	357,506	284,655	231,878	212,948	-1,495,625	281,050	198,600	508,622	-1,141,838	321,024	255,267	241,763	505,994	620,365	603,612	497,590	143,205	189,090	181,136	466,169	154,397	469,750	187,040	185,016	204,490	353,951	279,984	293,940	288,634	235,583	0	0	215,843	-	-	-	249,003	269,999	272,913	235,507	176,568	215,373	169,531	175,014	148,030	155,082	146,280	155,667	146,425	200	200	134,700	102,700	200	107,100	120,900	100	108,500	99,100	100	100	104,100	100,800	107,500	200	100	81,600	89,200	76,800	90,400	88,800	81,900	100	85,100	78,900	80,200	72,300	74,300	71,200	75,900	72,800	75,200	74,000	72,600	68,800	74,200	67,000	68,600	64,200	76,600	-	-	86,900	-	-	-	90,200	-	-	-	88,900	-	-	-	61,200	-
Other Liab	0	6,403,000	0	6,290,000	6,284,000	6,217,000	6,171,000	6,158,000	6,212,000	6,190,000	6,127,000	6,079,000	6,017,000	5,955,000	5,881,000	5,824,000	5,783,000	5,820,000	5,765,000	5,707,000	5,689,000	5,695,000	5,432,000	5,335,000	2,425,000	1,266,000	1,278,000	1,275,000	1,276,000	1,207,000	1,312,000	1,339,000	1,330,000	1,306,914	1,312,206	1,294,231	1,305,497	969,372	977,380	980,751	984,938	1,475,384	1,483,121	1,550,278	1,574,588	1,383,412	1,394,786	1,384,051	1,400,846	1,295,051	1,337,505	1,358,306	1,598,913	1,619,108	1,644,203	1,659,029	1,670,170	1,725,258	1,724,623	1,713,033	1,721,262	1,349,594	1,397,874	1,402,865	1,421,170	1,392,860	0	0	1,352,373	-	-	-	1,178,687	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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 Stockholder Equity	8,159,000	8,150,000	8,139,000	8,129,000	6,447,000	6,433,000	6,424,000	6,416,000	6,416,000	6,406,000	6,399,000	6,391,000	6,399,000	6,387,000	6,378,000	6,361,000	6,362,000	6,351,000	6,339,000	6,324,000	6,360,000	6,343,000	6,333,000	6,134,000	6,185,000	6,167,000	6,160,000	6,117,000	6,175,000	6,163,000	6,157,000	6,147,000	6,208,000	6,278,199	6,279,697	6,296,650	6,291,213	6,288,165	6,281,380	6,263,457	6,256,353	6,228,608	6,238,808	6,227,772	6,222,644	6,213,038	6,198,594	6,192,426	6,180,558	6,173,781	6,170,047	6,164,883	6,156,656	6,151,349	6,146,444	6,142,663	6,140,077	6,137,770	6,135,650	5,890,767	5,888,246	5,887,009	4,121,902	3,828,423	5,637,947	0	0	0	4,570,855	-	-	-	0	712,128	713,297	713,773	728,421	1,819,837	1,818,186	1,812,133	1,805,745	1,733,536	2,149,203	2,175,841	1,758,525	582,500	566,600	459,900	1,305,200	447,500	439,500	429,700	1,178,700	416,800	411,700	403,000	1,079,500	389,600	383,000	225,900	803,100	200,900	191,000	182,500	710,500	167,500	158,100	144,900	586,700	588,900	590,200	587,100	587,000	552,000	551,600	549,300	544,100	494,800	495,100	489,000	449,000	419,600	418,700	419,300	419,500	397,000	-	-	343,200	-	-	-	321,400	-	-	-	302,600	-	-	-	286,200	-
Preferred Stock Redeemable	0	0	2,000	2,000	3,000	0	3,000	3,000	3,000	3,000	3,000	3,000	4,000	4,000	4,000	4,000	5,000	6,000	6,000	6,000	7,000	7,000	7,000	7,000	8,000	9,000	9,000	9,000	10,000	11,000	11,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	23,267	23,271	23,802	23,938	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	5,165,452	5,053,390	4,992,938	4,915,591	4,919,652	4,873,126	4,801,087	4,727,804	4,632,932	4,572,126	1,720	1,720	1,720	4,547	4,547	4,547	4,547	4,547	4,547	4,547	4,547	4,547	4,547	4,557	4,557	4,557	4,557	4,557	4,557	4,560	4,568	4,568	4,568	0	0	4,568	-	-	-	4,571	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	32,275,000	31,483,000	30,898,000	30,297,000	29,818,000	29,152,000	0	0	0	20,585,000	20,308,000	20,003,000	19,805,000	19,364,000	19,043,000	18,689,000	18,335,000	18,260,000	17,910,000	17,739,000	17,409,000	17,063,000	16,777,000	16,477,000	16,246,000	15,681,000	15,391,000	15,128,000	14,992,000	14,559,000	14,317,000	14,098,000	13,933,000	13,605,510	13,357,981	13,098,567	13,029,296	12,799,358	12,582,511	12,469,981	12,391,162	12,112,567	11,927,870	11,792,935	11,739,364	11,534,327	11,387,311	11,139,499	11,021,098	10,787,844	10,599,942	10,555,698	11,201,617	11,013,347	10,872,323	10,742,417	10,677,393	10,532,131	10,395,692	10,237,317	10,123,928	9,871,591	9,621,591	9,416,055	9,317,961	0	0	0	8,720,557	-	-	-	0	6,386,808	6,331,234	6,463,497	5,642,689	5,537,433	5,485,534	5,440,977	5,371,548	5,279,081	5,231,109	5,157,813	5,084,488	4,888,900	4,809,500	4,164,100	4,128,800	4,002,100	3,926,200	3,831,600	3,805,400	3,691,900	3,628,300	3,566,000	3,537,400	3,420,700	3,370,500	3,335,400	2,940,000	2,851,100	2,803,200	2,739,800	2,703,400	2,620,900	2,576,000	2,519,600	2,506,400	2,401,900	2,242,000	2,212,800	2,157,600	2,123,600	2,088,700	2,052,400	2,011,700	1,989,800	1,951,000	1,917,700	1,881,000	1,847,000	1,802,400	1,760,900	1,722,400	1,700,000	-	-	1,569,300	-	-	-	1,452,300	-	-	-	1,323,300	-	-	-	1,213,600	-
Property Plant And Equipment Net	25,524,000	24,774,000	24,271,000	23,715,000	23,305,000	22,726,000	22,193,000	21,489,000	21,176,000	20,680,000	20,308,000	20,003,000	19,805,000	19,364,000	19,043,000	18,689,000	18,335,000	18,260,000	17,910,000	17,739,000	17,409,000	17,063,000	16,777,000	16,477,000	16,246,000	15,681,000	15,391,000	15,128,000	14,992,000	14,559,000	14,317,000	14,098,000	13,933,000	13,605,510	13,357,981	13,098,567	13,029,296	12,799,358	12,582,511	12,469,981	12,391,162	12,112,567	11,927,870	11,792,935	11,739,364	11,534,327	11,387,311	11,139,499	11,021,098	10,787,844	10,599,942	10,555,698	11,201,617	11,013,347	10,872,323	10,742,417	10,677,393	10,532,131	10,395,692	10,237,317	10,123,928	9,871,591	9,621,591	9,416,055	9,317,961	0	0	0	8,720,557	-	-	-	0	6,386,808	6,331,234	6,463,497	5,642,689	5,537,433	5,485,534	5,440,977	5,371,548	5,279,081	5,231,109	5,157,813	5,084,488	4,888,900	4,809,500	4,164,100	4,128,800	4,002,100	3,926,200	3,831,600	3,805,400	3,691,900	3,628,300	3,566,000	3,537,400	3,420,700	3,370,500	3,335,400	2,940,000	2,851,100	2,803,200	2,739,800	2,703,400	2,620,900	2,576,000	2,519,600	2,506,400	2,401,900	2,242,000	2,212,800	2,157,600	2,123,600	2,088,700	2,052,400	2,011,700	1,989,800	1,951,000	1,917,700	1,881,000	1,847,000	1,802,400	1,760,900	1,722,400	1,700,000	-	-	1,569,300	-	-	-	1,452,300	-	-	-	1,323,300	-	-	-	1,213,600	-
Property Plant Equipment	0	24,774,000	24,271,000	23,715,000	23,305,000	22,726,000	22,193,000	21,489,000	21,176,000	20,585,000	20,308,000	19,905,000	19,710,000	19,267,000	18,944,000	18,588,000	18,232,000	18,260,000	17,798,000	17,623,000	17,409,000	17,063,000	16,777,000	16,477,000	16,246,000	15,681,000	15,391,000	15,128,000	14,992,000	14,559,000	14,317,000	14,098,000	13,933,000	13,605,510	13,357,981	13,098,567	13,029,296	12,799,358	12,582,511	12,469,981	12,391,162	12,112,567	11,927,870	11,792,935	11,739,364	11,534,327	11,387,311	11,139,499	11,021,098	10,787,844	10,599,942	10,555,698	11,201,617	11,013,347	10,872,323	9,611,899	9,550,564	9,426,065	9,312,803	9,179,747	9,080,368	8,864,373	8,630,696	8,462,552	8,381,522	8,149,470	0	0	7,851,097	-	-	-	7,406,785	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Retained Earnings	1,659,000	1,764,000	1,580,000	1,437,000	1,267,000	1,359,000	1,181,000	1,083,000	925,000	500,000	332,000	235,000	102,000	157,000	-7,000	-83,000	-207,000	-123,000	-273,000	-353,000	-464,000	-432,000	-537,000	-617,000	-723,000	-573,000	-702,000	-759,000	-873,000	-839,000	-921,000	-991,000	-1,073,000	-1,049,665	-1,162,346	-1,224,008	-1,295,549	-1,333,164	-1,374,174	-1,427,809	-1,495,698	-1,505,191	-1,555,993	-1,607,321	-1,664,955	-1,675,678	-1,785,039	-1,847,750	-1,848,801	-1,848,338	-1,945,185	-1,950,571	-1,959,235	-1,960,806	-2,046,326	-2,082,263	-2,076,287	-2,075,920	-2,130,833	-2,150,745	-1,705,594	-1,709,938	0	-3,809,423	-1,079,118	0	0	0	-736,292	-	-	-	0	1,203,784	1,173,145	1,130,988	1,137,772	1,128,550	1,096,271	1,069,927	1,069,486	1,054,075	1,026,417	1,005,216	1,001,029	990,300	959,200	779,800	778,500	768,300	739,100	721,500	717,200	707,400	679,900	664,300	662,200	655,000	633,400	668,600	664,500	657,700	636,800	621,000	618,900	611,000	592,800	579,600	578,600	572,700	552,800	539,700	538,300	533,900	518,900	506,800	502,800	498,100	477,200	464,600	459,300	449,500	437,400	429,500	427,400	425,500	-	-	402,300	-	-	-	366,900	-	-	-	331,100	-	-	-	306,700	-
Retained Earnings Total Equity	0	0	1,580,000	1,437,000	1,267,000	0	1,181,000	1,083,000	925,000	500,000	332,000	235,000	102,000	157,000	-7,000	-83,000	-207,000	-123,000	-273,000	-353,000	-464,000	-432,000	-537,000	-617,000	-723,000	-573,000	-702,000	-759,000	-873,000	-839,000	-921,000	-991,000	-1,073,000	-1,049,665	-1,162,346	-1,224,008	-1,295,549	-1,333,164	-1,374,174	-1,427,809	-1,495,698	-1,505,191	-1,555,993	-1,607,321	-1,664,955	-1,675,678	-1,785,039	-1,847,750	-1,848,801	-1,848,338	-1,945,185	-1,950,571	-1,959,235	-1,960,806	-2,046,326	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	654,000	492,000	579,000	727,000	1,456,000	899,000	598,000	378,000	641,000	732,000	655,000	1,426,000	1,611,000	1,111,000	989,000	1,690,000	814,000	503,000	422,000	1,269,000	85,000	263,000	367,000	421,000	322,000	687,000	7,462,000	1,554,000	574,000	1,004,000	1,004,000	893,000	54,000	0	0	0	61,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short Long Term Debt Total	12,442,000	12,264,000	12,256,000	11,282,000	12,452,000	11,917,000	11,700,000	10,803,000	11,062,000	11,162,000	11,077,000	10,835,000	11,021,000	10,774,000	10,662,000	10,398,000	9,542,000	9,237,000	9,161,000	8,932,000	8,604,000	8,397,000	8,358,000	8,000,000	7,717,000	7,462,000	7,453,000	7,298,000	7,182,000	6,846,000	6,854,000	6,743,000	6,556,000	6,342,582	6,330,474	6,034,581	5,959,336	5,910,208	5,935,012	5,861,796	5,874,539	5,677,173	5,761,008	5,652,305	5,595,274	5,517,369	5,685,394	5,527,852	5,883,855	5,779,478	5,820,983	5,721,244	5,708,001	5,597,373	5,614,992	5,475,822	5,485,691	5,352,616	5,372,174	5,391,550	5,278,895	5,092,523	5,044,545	5,124,936	4,991,806	0	0	0	4,103,532	-	-	-	0	4,367,776	4,323,804	4,520,255	3,544,049	3,321,380	3,339,320	2,870,561	3,248,218	3,163,378	3,184,698	3,095,344	3,046,153	2,577,100	2,590,400	2,262,500	2,247,900	2,184,200	2,145,700	2,068,700	2,030,700	1,992,100	1,985,200	1,924,700	1,920,900	1,876,600	1,859,500	1,986,800	1,577,500	1,542,700	1,498,400	1,475,300	1,464,400	1,405,800	1,383,800	1,382,100	1,386,400	1,340,000	1,217,500	1,158,200	1,170,400	1,111,800	1,104,600	1,070,700	1,061,900	1,051,100	1,036,200	1,025,600	1,040,900	1,009,000	968,500	939,200	913,400	867,000	-	-	791,600	-	-	-	719,500	-	-	-	652,600	-	-	-	631,500	-
Short Term Debt	654,000	492,000	579,000	727,000	1,456,000	899,000	598,000	378,000	641,000	732,000	655,000	1,426,000	1,611,000	1,111,000	989,000	1,690,000	814,000	503,000	422,000	1,269,000	1,035,000	827,000	2,013,000	1,604,000	1,227,000	790,000	1,803,000	1,554,000	1,423,000	1,004,000	1,004,000	893,000	682,000	401,967	882,944	605,680	511,091	369,560	717,468	653,128	644,481	503,096	580,326	449,710	385,904	332,823	482,261	177,338	543,908	417,947	458,379	335,652	274,459	225,825	309,825	194,920	173,565	130,881	366,108	707,591	654,832	423,021	323,952	458,325	316,969	0	0	0	1,007,128	-	-	-	0	482,467	534,320	586,910	580,170	527,217	558,658	457,351	573,574	431,685	397,932	286,367	278,219	180,400	209,700	157,400	141,900	103,500	251,500	191,500	159,900	191,200	192,500	193,800	204,500	162,100	295,500	492,600	192,900	173,200	189,000	177,900	156,400	153,200	120,400	129,300	199,000	234,900	157,400	179,900	226,300	188,600	108,700	105,400	113,900	143,500	129,700	147,900	241,200	209,700	168,300	152,700	138,100	130,700	-	-	107,300	-	-	-	96,000	-	-	-	76,300	-	-	-	46,100	-
Short Term Investments	62,000	72,000	69,000	64,000	67,000	23,000	25,000	0	0	0	0	2,223,000	2,113,000	2,060,000	0	0	8,000	13,000	4,000	5,000	3,000	6,000	3,000	5,000	27,000	28,000	28,000	23,000	20,000	23,000	23,000	22,000	21,000	23,480	20,838	21,027	13,859	20,040	21,537	28,585	28,505	25,429	19,720	31,623	29,756	87,705	98,698	27,418	32,438	46,864	65,055	80,443	94,066	99,974	93,705	40,273	41,020	38,933	33,007	1,446	454	902	1,874	2,149	3,258	4,424	0	0	2,100	-	-	-	7,497	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Temporary Equity Redeemable Noncontrolling Interests	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	5,165,452	5,053,390	4,992,938	4,915,591	4,919,652	4,873,126	4,801,087	4,727,804	4,632,932	4,572,126	4,509,662	4,444,988	4,449,340	4,325,975	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	30,298,000	29,818,000	29,496,000	28,286,000	27,787,000	27,126,000	26,574,000	25,694,000	26,075,000	25,333,000	24,952,000	24,525,000	24,766,000	24,394,000	24,009,000	23,546,000	22,682,000	22,238,000	21,854,000	21,464,000	21,223,000	20,880,000	20,471,000	19,728,000	19,482,000	19,361,000	18,966,000	18,610,000	18,482,000	17,971,000	17,706,000	17,417,000	17,241,000	17,105,173	16,732,332	16,263,531	16,130,956	15,715,647	15,426,447	15,274,821	15,069,533	15,228,446	14,977,377	14,769,216	14,718,976	14,599,535	14,412,761	14,087,739	14,776,391	14,538,733	14,347,216	14,128,807	14,079,773	13,983,675	13,773,516	13,540,562	13,452,651	13,345,709	13,190,049	12,907,244	13,231,818	12,780,732	12,526,682	12,268,004	12,934,072	12,299,176	0	0	12,783,059	-	-	-	11,847,045	7,614,572	7,524,932	7,643,083	6,607,099	6,358,675	6,289,578	6,189,938	6,134,798	6,074,954	6,104,101	6,030,738	5,952,206	5,778,000	5,692,000	4,750,100	4,708,300	4,585,500	4,481,800	4,378,000	4,314,300	4,216,200	4,148,600	4,061,500	4,032,200	3,957,100	3,889,900	3,839,600	3,403,100	3,374,400	3,289,000	3,228,800	3,206,700	3,117,900	3,061,100	3,006,400	2,994,000	2,929,800	2,705,000	2,624,700	2,415,800	2,343,600	2,310,700	2,258,700	2,240,500	2,198,000	2,154,200	2,116,800	2,092,600	2,043,000	1,986,900	1,942,600	1,916,300	1,858,000	-	-	1,737,100	-	-	-	1,615,600	-	-	-	1,498,000	-	-	-	1,383,000	-
Total Current Assets	1,389,000	1,804,000	1,989,000	1,338,000	1,250,000	1,017,000	1,018,000	853,000	1,554,000	1,590,000	1,570,000	1,466,000	1,906,000	1,967,000	1,896,000	1,801,000	1,285,000	799,000	741,000	691,000	781,000	800,000	833,000	729,000	720,000	860,000	808,000	767,000	784,000	801,000	691,000	638,000	657,000	879,009	890,085	729,019	661,369	756,961	707,635	687,994	550,390	613,220	545,840	491,850	499,447	642,525	606,374	589,109	1,397,659	1,479,461	1,493,214	1,305,539	534,307	627,399	590,113	497,228	499,127	516,471	495,705	420,588	417,675	497,224	458,672	414,874	430,354	0	0	0	412,441	-	-	-	0	409,254	390,487	348,684	330,588	335,368	296,516	252,251	277,696	282,708	307,159	266,123	278,681	284,300	292,500	213,300	211,800	212,500	203,000	199,500	172,900	182,800	179,200	164,400	167,300	205,500	196,900	182,900	164,400	187,400	175,700	177,800	170,600	192,900	179,600	184,600	189,700	195,300	178,400	128,500	150,600	140,900	149,700	135,500	132,700	142,100	144,200	141,300	131,900	141,000	133,100	130,300	123,800	130,800	-	-	118,900	-	-	-	117,400	-	-	-	130,400	-	-	-	123,000	-
Total Current Liabilities	2,151,000	1,743,000	1,764,000	1,892,000	2,811,000	2,130,000	1,728,000	1,648,000	2,141,000	1,844,000	1,710,000	2,451,000	2,881,000	2,260,000	2,113,000	2,767,000	2,045,000	1,488,000	1,317,000	2,156,000	2,094,000	1,748,000	2,951,000	2,539,000	2,325,000	1,747,000	2,661,000	2,418,000	2,392,000	1,928,000	1,740,000	1,614,000	1,533,000	1,165,387	1,512,188	1,227,548	1,240,998	1,058,935	1,234,911	1,197,699	1,235,533	1,141,473	1,049,306	958,332	994,832	1,005,874	1,017,964	743,689	1,489,105	1,380,014	1,327,646	1,134,880	774,506	741,424	753,437	661,089	607,392	600,631	792,787	1,169,208	1,104,760	937,490	741,239	871,474	774,489	719,589	0	0	1,363,662	-	-	-	2,496,314	801,033	868,536	868,074	824,734	788,934	765,924	666,648	774,051	627,378	582,063	482,532	491,708	397,100	400,700	325,900	301,300	248,900	386,100	339,300	306,500	328,200	318,900	330,000	335,000	291,900	419,000	620,400	321,100	300,000	312,100	296,500	276,800	268,200	236,400	234,200	302,400	339,000	253,100	277,300	325,700	282,400	200,500	201,900	215,400	239,700	225,900	243,200	342,900	308,500	271,000	253,000	244,900	228,700	-	-	194,200	-	-	-	186,200	-	-	-	165,200	-	-	-	107,300	-
Total Liab	20,501,000	19,921,000	19,795,000	18,739,000	20,094,000	19,368,000	19,004,000	18,234,000	18,777,000	18,467,000	18,262,000	17,942,000	18,312,000	17,882,000	17,671,000	17,303,000	16,561,000	16,048,000	15,827,000	15,532,000	15,359,000	15,020,000	14,735,000	14,277,000	14,097,000	13,843,000	13,582,000	13,323,000	13,264,000	12,733,000	12,553,000	12,335,000	12,192,000	11,939,721	11,678,942	11,270,593	11,215,365	10,795,995	10,553,321	10,473,734	10,341,729	10,595,514	10,405,251	10,259,554	10,273,988	10,150,195	10,086,786	9,832,303	10,536,007	10,275,543	10,184,749	9,978,153	9,947,501	9,847,922	9,729,650	9,537,071	9,447,235	9,353,900	9,257,286	9,242,346	9,101,110	8,589,601	8,419,220	8,454,013	8,363,162	7,784,040	0	0	7,186,619	-	-	-	9,037,758	5,757,332	5,697,192	5,857,042	4,799,666	4,561,666	4,527,039	4,460,312	4,412,428	4,316,796	4,358,292	4,279,925	4,223,597	4,084,000	4,045,400	3,408,800	3,372,000	3,268,900	3,202,800	3,126,800	3,074,200	2,992,700	2,958,000	2,895,700	2,875,300	2,814,800	2,776,300	2,902,200	2,483,900	2,473,800	2,419,600	2,384,100	2,371,600	2,299,000	2,270,300	2,242,600	2,273,800	2,174,400	1,968,200	1,904,100	1,696,700	1,629,200	1,611,700	1,574,100	1,565,100	1,543,600	1,520,400	1,501,700	1,522,800	1,482,900	1,439,800	1,402,800	1,378,400	1,318,600	-	-	1,274,700	-	-	-	1,188,700	-	-	-	1,108,700	-	-	-	1,018,500	-
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	0	0	0	0	0	0	0	0	0	0	0	5,165,452	5,053,390	4,992,938	4,915,591	4,919,652	4,873,126	4,801,087	4,727,804	4,632,932	4,572,126	4,509,662	4,444,988	4,449,340	4,325,975	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	9,797,000	9,897,000	9,701,000	9,547,000	7,693,000	7,758,000	7,570,000	7,460,000	7,298,000	6,866,000	6,690,000	6,583,000	6,454,000	6,512,000	6,338,000	6,243,000	6,121,000	6,190,000	6,027,000	5,932,000	5,864,000	5,860,000	5,736,000	5,451,000	5,385,000	5,518,000	5,384,000	5,287,000	5,218,000	5,238,000	5,153,000	5,082,000	5,049,000	5,165,452	5,053,390	4,992,938	4,915,591	4,919,652	4,873,126	4,801,087	4,727,804	4,632,932	4,572,126	4,509,662	4,444,988	4,449,340	4,325,975	4,255,436	4,240,384	4,263,190	4,162,467	4,150,654	4,132,272	4,135,753	4,043,866	4,003,491	4,005,416	3,991,809	3,932,763	3,664,898	4,130,708	4,191,131	4,107,462	3,813,991	4,570,910	4,515,136	0	0	5,596,440	-	-	-	2,809,287	1,857,240	1,827,740	1,786,041	1,807,433	1,797,009	1,762,539	1,688,925	1,722,370	1,758,158	1,745,809	1,750,813	1,728,609	1,694,000	1,646,600	1,341,300	1,336,300	1,316,600	1,279,000	1,251,200	1,240,100	1,223,500	1,190,600	1,165,800	1,156,900	1,142,300	1,113,600	937,400	919,200	900,600	869,400	844,700	835,100	818,900	790,800	763,800	720,200	755,400	736,800	720,600	719,100	714,400	699,000	684,600	675,400	654,400	633,800	615,100	569,800	560,100	547,100	539,800	537,900	539,400	-	-	462,400	-	-	-	426,900	-	-	-	389,300	-	-	-	364,500	-
Treasury Stock	0	0	0	0	0	0	-377,000	-377,000	-365,000	-363,000	-363,000	-363,000	-348,000	-348,000	-348,000	-348,000	-338,000	-338,000	-338,000	-338,000	-297,000	-297,000	-297,000	-297,000	-247,000	-247,000	-247,000	-274,000	-213,000	-214,000	-214,000	-210,000	-143,000	-56,124	-30,051	-16,592	-10,516	-10,222	-10,222	-10,020	-5,043	-5,043	-5,043	-5,043	-4,444,988	-4,449,340	-4,325,975	0	0	0	0	0	-19	0	0	0	0	-1	0	0	-7	-347	-1,933	0	0	0	0	0	0	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Warrants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31	1993-12-31	1992-12-31	1991-12-31	1990-12-31	1989-12-31
Begin Period Cash Flow	117,000	136,000	576,000	91,000	159,000	83,000	99,000	45,000	23,000	26,964	24,433	14,207	13,112	22,256	9,542	13,481	29,754	65,077	19,691	28,571	43,100	39,877	12,700	13,000	23,700	30,100	53,000	29,100	10,200	13,600	11,900	18,500
Capital Expenditures	2,734,000	2,420,000	1,873,000	1,928,000	1,758,000	1,673,000	1,510,000	1,395,000	1,267,000	1,034,294	1,044,979	985,675	977,992	809,331	815,165	1,033,599	768,421	709,289	552,636	397,295	391,526	482,760	390,600	352,400	273,700	330,800	265,700	193,100	197,500	182,600	198,900	210,300
Cash And Cash Equivalents Changes	0	-19,000	-440,000	485,000	-68,000	76,000	-16,000	30,000	22,000	-3,884	2,531	10,226	1,095	-9,144	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash Flows Other Operating	0	-134,000	-613,000	44,000	-72,000	22,000	64,000	45,000	-9,000	33,022	-27,632	27,027	-16,116	2,555	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change In Cash	247,000	-19,000	-440,000	485,000	-68,000	76,000	-16,000	30,000	22,000	-3,884	2,531	10,226	1,095	-9,144	12,714	-3,939	-16,273	-35,323	0	-8,880	-14,529	3,223	26,400	-300	-10,700	-6,900	-22,900	23,900	85,800	49,600	99,700	88,500
Change In Working Capital	76,000	-355,000	126,000	-55,000	-35,000	-10,000	101,000	74,000	-13,000	3,503	-137,374	11,413	-175,051	-91,506	-187,587	-99,530	16,770	-96,578	0	-19,039	-48,254	-5,153	-5,800	3,700	-7,500	2,000	10,400	-15,500	-4,800	-10,100	-15,400	8,500
Change Receivables	0	-114,000	-74,000	-97,000	-25,000	-17,000	21,000	-31,000	-84,000	-61,942	-79,306	-34,528	-17,433	-33,044	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Account Receivables	-56,000	-114,000	37,000	-97,000	-25,000	-17,000	21,000	-31,000	-84,000	-61,942	-79,306	-34,528	16,178	0	-18,751	17,267	0	3,094	4,589	-31,963	-24,169	-10,934	-18,400	-9,300	-6,700	-14,900	-6,200	-13,500	-2,100	-7,500	-8,700	-10,400
Change To Inventory	49,000	0	-103,000	2,000	-66,000	0	0	-20,000	0	143,777	23,217	185,923	-42,323	0	-41,442	-30,972	0	0	0	0	0	0	0	0	0	0	0	0	-300	-400	0	-300
Change To Liabilities	0	-177,000	66,000	-2,000	66,000	25,000	38,000	60,000	80,000	32,423	-30,436	18,914	45,228	55,726	6,551	5,768	22,952	0	27,664	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Netincome	0	64,000	163,000	168,000	211,000	246,000	478,000	330,000	276,000	246,592	258,055	206,130	136,786	128,786	0	13,460	42,430	0	4,193	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Operating Activities	0	-56,000	94,000	5,000	-107,000	-40,000	-6,000	-8,000	-66,000	-14,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	704,000	649,000	636,000	604,000	582,000	545,000	492,000	470,000	440,000	424,084	407,718	381,503	351,821	354,650	335,159	271,261	0	0	0	-201,197	-176,559	-165,626	-129,800	-112,500	-101,900	-87,000	-80,600	-75,100	-58,400	-52,100	-47,000	-39,700
Dividends Paid	-532,000	467,000	428,000	389,000	353,000	319,000	289,000	261,000	239,000	216,354	149,450	213,459	157,855	150,301	137,331	64,055	0	0	0	93,998	91,803	83,354	69,800	64,100	55,300	46,500	38,400	33,000	29,600	28,400	24,100	23,300
End Period Cash Flow	364,000	117,000	136,000	576,000	91,000	159,000	83,000	75,000	45,000	23,080	26,964	24,433	14,207	13,112	22,256	9,542	13,481	29,754	65,077	19,691	28,571	43,100	39,100	12,700	13,000	23,200	30,100	53,000	96,000	63,200	111,600	107,000
Exchange Rate Changes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Free Cash Flow	-860,000	-1,312,000	-432,000	-502,000	-375,000	-287,000	-61,000	-119,000	-88,000	62,993	-148,817	-30,077	-169,635	-34,398	-219,009	-481,430	-294,709	-385,541	-27,201	-69,683	-88,380	-153,368	-120,700	-85,300	-65,200	-151,700	-88,400	-52,700	-54,900	-55,200	-102,500	-105,500
Investments	-2,815,000	-2,127,000	-1,536,000	-2,061,000	-1,945,000	-2,036,000	-1,672,000	-1,587,000	-197,000	-9,000	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	1,688,000	0	0	0	0	183,000	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
Net Borrowings	0	1,391,000	522,000	1,015,000	883,000	913,000	554,000	630,000	634,000	103,480	266,881	-409,793	228,075	99,442	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	944,000	820,000	1,263,000	709,000	621,000	565,000	426,000	468,000	476,000	423,108	369,264	358,070	309,613	267,827	-233,083	-562,421	-342,826	-162,243	0	161,483	161,061	138,949	131,000	119,100	101,700	92,100	78,700	75,400	68,200	73,600	57,100	48,300
Other Cashflows From Financing Activities	46,000	1,482,000	955,000	1,856,000	11,000	1,433,000	1,420,000	772,000	824,000	604,280	779,227	98,913	321,057	-37,334	564,137	592,944	1,039,889	332,908	48,638	340,756	190,296	265,420	266,400	153,800	401,200	162,900	128,700	177,200	115,400	78,000	123,800	111,800
Other Cashflows From Investing Activities	0	170,000	228,000	-239,000	-291,000	-450,000	-76,000	-84,000	-305,000	-1,013,989	-73,042	546,218	12,461	18,893	129,698	0	16,154	13,370	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Non Cash Items	-76,000	-86,000	-63,000	-59,000	-72,000	-2,000	-102,000	-89,000	-110,000	-22,024	-6,420	-7,298	116,472	76,026	-13,859	807,413	757,850	548,105	0	402,394	353,118	331,252	259,700	224,900	203,600	173,900	161,300	150,200	118,900	99,600	89,800	78,600
Sale Purchase Of Stock	268,000	0	1,000	-9,000	-36,000	-45,000	-54,000	-65,000	-126,000	-1,650	-3,370	-4,376	-1,888	-228	-218	-229	-1,750,388	-541	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Stock Based Compensation	18,000	28,000	-751,000	20,000	79,000	93,000	70,000	71,000	90,000	13,043	12,474	11,470	10,008	10,334	554,705	39,803	0	0	0	-47,009	-13,651	-1,441	-14,200	0	-9,600	-17,200	-10,000	-2,500	4,500	2,500	-2,500	1,100
Total Cash From Financing Activities	1,188,000	1,000,000	-345,000	1,120,000	494,000	726,000	207,000	341,000	308,000	-87,182	159,663	-563,016	105,135	-37,334	120,169	477,559	256,593	332,367	0	246,758	98,493	182,066	196,600	89,700	345,900	116,400	90,300	144,200	85,800	49,600	99,700	88,500
Total Cash From Operating Activities	1,874,000	1,108,000	1,441,000	1,426,000	1,383,000	1,386,000	1,449,000	1,276,000	1,179,000	1,097,287	896,162	955,598	808,357	774,933	596,156	552,169	473,712	323,748	525,435	327,612	303,146	329,392	269,900	267,100	208,500	179,100	177,300	140,400	142,600	127,400	96,400	104,800
Total Cashflows From Investing Activities	0	-2,127,000	-1,536,000	-2,061,000	-1,945,000	-2,036,000	-1,672,000	-1,590,000	-1,465,000	-1,013,989	-1,053,294	-382,356	-912,397	-746,743	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	2005-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31	1999-09-30	1999-06-30	1999-03-31	1998-12-31	1998-09-30	1998-06-30	1998-03-31	1997-12-31	1997-09-30	1997-06-30	1997-03-31	1996-12-31	1996-09-30	1996-06-30	1996-03-31	1995-12-31	1995-09-30	1995-06-30	1995-03-31	1994-12-31	1994-09-30	1994-06-30	1994-03-31	1993-12-31	1993-09-30	1993-06-30	1993-03-31	1992-12-31	1992-09-30	1992-06-30	1992-03-31	1991-12-31	1991-09-30	1991-06-30	1991-03-31	1990-12-31	1990-09-30	1990-06-30	1990-03-31	1989-12-31
Begin Period Cash Flow	661,000	824,000	242,000	117,000	104,000	97,000	96,000	136,000	100,000	104,000	99,000	576,000	599,000	605,000	589,000	91,000	116,000	87,000	86,000	159,000	116,000	97,000	82,000	83,000	93,000	64,000	78,000	75,000	46,000	52,000	66,000	45,000	75,224	144,752	24,294	23,080	74,128	32,133	30,755	26,964	32,454	20,366	21,181	24,433	18,531	12,919	9,502	14,207	15,621	13,466	13,528	13,112	23,501	20,610	12,633	22,256	7,831	9,012	8,516	9,542	6,689	5,914	9,202	13,481	0	0	0	0	0	40,031	24,479	15,511	19,691	43,357	17,772	20,232	28,571	22,746	43,148	38,407	43,100	46,000	47,500	45,600	39,100	29,200	24,300	25,300	12,700	10,700	9,400	10,400	13,000	36,600	22,100	30,600	23,200	25,300	14,200	43,000	30,100	37,500	20,900	46,500	53,000	66,300	54,200	10,900	29,100	0	25,000	16,000	10,200	6,200	6,800	31,100	13,600	33,600	22,400	30,800	11,900	0
Capital Expenditures	842,000	661,000	674,000	557,000	738,000	638,000	600,000	444,000	598,000	480,000	435,000	360,000	539,000	469,000	489,000	431,000	572,000	433,000	409,000	344,000	476,000	418,000	395,000	384,000	495,000	385,000	347,000	283,000	405,000	349,000	340,000	301,000	402,174	340,076	284,074	240,676	317,476	283,671	230,221	202,926	330,078	254,645	236,449	223,807	266,712	218,029	256,641	244,293	317,137	245,025	230,822	185,008	287,241	194,811	178,687	148,592	202,104	200,186	211,870	201,005	301,750	301,032	240,666	190,151	750,810	507,237	0	0	682,863	552,636	96,653	132,783	65,242	146,070	97,737	90,965	62,523	138,515	91,705	93,985	67,321	177,560	119,500	117,700	68,000	148,900	91,500	97,200	53,000	121,300	88,800	87,200	55,100	100,300	74,400	60,900	38,100	107,200	87,100	79,400	57,100	96,500	68,000	69,200	32,000	75,800	43,000	45,100	29,200	68,700	49,400	50,500	28,900	55,300	51,600	46,800	28,900	62,700	52,800	53,000	30,400	74,500
Cash And Cash Equivalents Changes	0	0	582,000	125,000	0	0	1,000	-40,000	36,000	-4,000	5,000	-477,000	-23,000	-6,000	16,000	498,000	-25,000	29,000	1,000	-73,000	43,000	19,000	15,000	-1,000	-34,000	29,000	-14,000	3,000	29,000	-6,000	-14,000	21,000	-30,144	-69,528	120,458	1,214	-51,048	41,995	1,378	3,791	-5,490	12,088	-815	-3,252	5,902	5,612	3,417	-4,705	-1,414	2,155	-62	416	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash Flows Other Operating	0	0	8,000	-24,000	0	0	-97,000	45,000	-570,000	20,000	-6,000	-57,000	51,000	21,000	-19,000	-9,000	-27,000	-8,000	-24,000	-13,000	30,000	9,000	-22,000	5,000	72,000	-5,000	-30,000	27,000	124,000	-27,000	-3,000	-49,000	-40,461	93,182	-33,743	-27,978	54,196	-43,214	13,927	8,113	-716	-9,170	19,817	-37,563	13,444	-10,447	29,595	-5,565	16,707	6,184	-3,164	-35,843	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change In Cash	-297,000	-163,000	582,000	125,000	13,000	7,000	1,000	-40,000	36,000	-4,000	5,000	-477,000	-23,000	-6,000	16,000	498,000	-25,000	29,000	1,000	-73,000	43,000	19,000	15,000	-1,000	-10,000	29,000	-14,000	3,000	29,000	-6,000	-14,000	21,000	-30,224	-69,528	120,458	1,214	-51,048	41,995	1,378	3,791	-5,490	12,088	-815	-3,252	5,902	5,612	3,417	-4,705	-1,414	2,155	-62	416	-10,389	2,891	7,977	-9,623	14,425	-1,181	496	-1,026	2,853	775	-3,288	-4,279	0	0	0	0	0	0	15,552	8,968	-4,180	-23,666	25,585	-2,460	-8,339	5,825	-20,402	4,741	-4,693	-2,900	-1,500	1,900	6,500	9,900	4,900	-1,000	12,600	2,000	1,300	-1,000	-2,600	-23,600	14,500	-8,500	7,400	-2,100	11,100	-28,800	12,900	-7,400	16,600	-25,600	-6,500	41,900	66,300	54,200	-18,200	56,100	-1,100	25,000	5,800	19,100	6,200	6,800	17,500	24,800	33,600	22,400	18,900	36,800
Change In Working Capital	107,000	71,000	-61,000	-41,000	-39,000	104,000	-349,000	-71,000	244,000	18,000	-48,000	-88,000	90,000	-35,000	-6,000	-104,000	84,000	5,000	-29,000	-95,000	91,000	11,000	-64,000	-48,000	165,000	-12,000	-58,000	6,000	52,000	65,000	-58,000	15,000	57,804	57,441	-110,158	-18,087	32,806	47,116	-89,774	13,355	-31,878	33,312	-118,886	-19,922	108,183	-4,655	-16,837	-75,278	-11,432	-11,742	-133,044	-18,833	48,049	-38,489	-97,916	-3,150	-146,666	22,246	-61,189	-1,978	-77,978	14,505	-57,201	21,144	0	0	0	0	0	0	-23,364	5,539	25,960	-30,526	38,498	-51,413	24,402	13,292	11,568	-56,521	-16,593	6,447	30,400	-55,000	13,000	23,000	4,500	-37,600	4,300	19,900	6,700	-27,200	4,300	17,600	5,900	-27,800	-3,200	21,200	1,900	-22,300	1,200	19,700	1,700	-10,600	-400	11,100	9,000	-30,800	-4,800	16,100	5,800	-22,500	-4,200	15,300	4,000	-16,400	-13,000	15,500	-9,900	-6,100	-14,900	19,200
Change Receivables	0	0	-82,000	-1,000	0	0	-153,000	-6,000	29,000	-45,000	-84,000	26,000	24,000	-67,000	-50,000	-4,000	29,000	-14,000	-45,000	5,000	53,000	-29,000	-61,000	20,000	55,000	-31,000	-54,000	51,000	52,000	-70,000	-62,000	49,000	62,543	-74,280	-63,505	-8,758	15,381	-23,578	-57,052	3,307	30,066	-44,697	-83,450	18,775	62,450	-21,437	-86,787	11,246	38,214	-10,942	-70,775	26,070	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Account Receivables	53,000	-26,000	-26,000	3,000	24,000	30,000	-153,000	4,000	11,000	-45,000	-84,000	26,000	34,000	-67,000	-50,000	6,000	29,000	-14,000	-45,000	5,000	53,000	-29,000	-61,000	20,000	55,000	-31,000	-54,000	51,000	52,000	-70,000	-62,000	49,000	62,543	-74,280	-63,505	-8,758	15,381	-23,578	-57,052	3,307	30,066	-44,697	-83,450	18,775	26,701	0	0	11,246	17,973	0	0	1,589	0	0	0	34,047	34,047	-17,939	-43,188	8,329	0	0	0	836	0	0	0	0	3,094	4,589	-12,628	-38,843	-3,149	12,903	-31,977	-31,340	18,451	12,778	-4,099	-41,247	8,399	14,166	1,100	-31,600	5,400	8,000	-7,900	-22,900	4,400	7,300	-1,900	-15,900	1,200	13,300	-5,000	-18,600	3,600	8,800	-4,000	-24,700	5,000	2,700	-2,200	-7,400	700	11,400	-4,500	-21,900	1,500	8,900	1,800	-15,600	2,800	10,300	2,800	-15,300	-5,300	11,800	-7,500	0	0	5,900
Change To Inventory	-38,000	38,000	42,000	0	0	-30,000	153,000	106,000	-10,000	0	0	0	7,000	0	0	-10,000	16,000	0	0	0	23,000	0	0	0	22,000	0	0	0	-184,000	0	0	0	-23,300	7,555	7,754	33,455	29,833	59,559	-25,517	79,902	-86,384	91,998	-10,744	28,347	78,307	0	0	0	-29,705	0	0	54,625	0	0	0	0	0	0	0	0	0	0	0	-963	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	300	-1,100	-300	1,200	-100	-500	-900	500	0	-300	-600	0	-300	200	-500	200
Change To Liabilities	0	40,000	13,000	-16,000	1,000	54,000	-99,000	-110,000	38,000	43,000	42,000	-57,000	15,000	11,000	63,000	-91,000	82,000	31,000	40,000	-87,000	48,000	31,000	19,000	-73,000	60,000	24,000	26,000	-72,000	-124,000	162,000	7,000	15,000	35,722	38,539	-12,910	18,649	-36,771	113,908	-46,649	1,935	-61,228	87,179	-55,253	-1,134	-63,747	60,674	62,519	-40,532	-14,444	55,831	-23,838	27,679	7,233	36,443	0	25,539	6,551	35,328	0	24,783	5,768	46,768	0	20,786	22,952	6,410	0	0	0	27,664	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Netincome	0	76,000	36,000	-16,000	83,000	12,000	10,000	-91,000	110,000	52,000	33,000	-23,000	50,000	74,000	29,000	15,000	104,000	72,000	29,000	6,000	10,000	130,000	74,000	32,000	163,000	143,000	48,000	54,000	78,000	75,000	77,000	34,000	54,086	95,092	97,536	29,286	25,032	83,191	80,702	57,667	76,077	112,143	57,204	12,631	52,487	139,702	-35,531	49,472	63,135	37,114	27,882	8,655	39,577	5,716	8,300	20,827	0	13,652	11,136	0	13,460	12,544	2,172	485	42,430	79,510	0	0	0	4,193	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Operating Activities	0	5,000	5,000	-34,000	14,000	13,000	-109,000	26,000	168,000	7,000	-15,000	-66,000	43,000	12,000	-31,000	-19,000	-35,000	-21,000	-31,000	-20,000	-21,000	-2,000	-22,000	5,000	-6,000	-18,000	-42,000	27,000	-8,000	-27,000	-3,000	-49,000	-66,000	0	0	0	-14,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	181,000	177,000	174,000	172,000	164,000	164,000	163,000	158,000	160,000	161,000	158,000	157,000	153,000	154,000	152,000	145,000	152,000	144,000	142,000	144,000	141,000	141,000	134,000	129,000	114,000	128,000	126,000	124,000	120,000	119,000	115,000	116,000	112,504	111,196	108,923	107,377	105,686	106,458	105,862	106,078	103,969	102,734	101,366	99,649	100,851	96,219	92,329	92,104	88,794	88,424	86,584	88,019	122,494	79,431	65,817	86,908	87,803	85,127	83,377	78,852	0	69,699	67,307	63,916	0	0	0	0	0	0	-62,647	-64,207	-59,458	-52,617	-59,151	-41,385	-48,044	-46,232	-43,556	-43,844	-42,927	-43,126	-40,400	-47,400	-34,700	-34,200	-33,700	-31,100	-30,800	-29,500	-28,300	-26,900	-27,800	-26,300	-26,300	-25,300	-24,000	-22,500	-21,900	-21,300	-21,300	-20,600	-20,200	-19,700	-20,100	-21,700	-18,000	-18,400	-17,000	-15,700	-14,700	-14,100	-13,900	-14,100	-13,100	-12,700	-12,200	-13,500	-11,400	-11,100	-11,000	-10,600
Dividends Paid	-137,000	138,000	138,000	119,000	119,000	120,000	119,000	109,000	110,000	109,000	109,000	100,000	99,000	100,000	100,000	90,000	90,000	90,000	91,000	82,000	82,000	82,000	81,000	74,000	74,000	74,000	74,000	67,000	67,000	67,000	66,000	61,000	61,336	61,015	61,034	55,615	55,506	55,458	55,422	49,968	49,896	49,810	49,744	65,179	88,436	44,080	40,529	40,414	40,392	40,358	38,580	38,525	38,476	38,457	36,689	36,679	36,667	36,658	31,934	32,072	32,063	55	56	0	0	0	0	0	0	0	24,512	24,508	24,651	23,642	23,555	23,443	23,358	22,855	23,058	22,994	22,896	21,854	21,700	21,400	18,400	17,600	17,400	17,500	17,300	16,100	16,100	16,000	15,900	14,700	14,600	13,100	12,900	11,800	11,700	11,500	11,500	12,700	8,700	8,400	8,600	8,000	8,400	8,300	8,300	7,800	7,100	7,400	7,300	7,000	7,200	7,800	6,400	6,000	6,000	6,100	6,000	5,800
End Period Cash Flow	364,000	661,000	824,000	242,000	117,000	104,000	97,000	96,000	136,000	100,000	104,000	99,000	576,000	599,000	605,000	589,000	91,000	116,000	87,000	86,000	159,000	116,000	97,000	82,000	83,000	93,000	64,000	78,000	75,000	46,000	52,000	66,000	45,000	75,224	144,752	24,294	23,080	74,128	32,133	30,755	26,964	32,454	20,366	21,181	24,433	18,531	12,919	9,502	14,207	15,621	13,466	13,528	13,112	23,501	20,610	12,633	22,256	7,831	9,012	8,516	9,542	6,689	5,914	9,202	13,481	0	0	0	0	0	40,031	24,479	15,511	19,691	43,357	17,772	20,232	28,571	22,746	43,148	38,407	43,100	46,000	47,500	45,600	39,100	29,200	24,300	25,300	12,700	10,700	9,400	10,400	13,000	36,600	22,100	30,600	23,200	25,300	14,200	43,000	30,100	37,500	20,900	46,500	41,900	66,300	54,200	10,900	56,100	-1,100	25,000	16,000	19,100	6,200	6,800	31,100	24,800	33,600	22,400	30,800	36,800
Exchange Rate Changes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Free Cash Flow	-315,000	-28,000	-245,000	-272,000	-394,000	-70,000	-558,000	-290,000	-186,000	29,000	-94,000	-181,000	-101,000	-12,000	-138,000	-251,000	-134,000	32,000	-97,000	-176,000	-82,000	49,000	-89,000	-165,000	-32,000	77,000	-100,000	-6,000	-54,000	58,000	-69,000	-54,000	-78,792	97,547	-64,698	-42,057	-60,451	105,976	-24,480	41,948	-122,592	143,834	-95,877	-74,182	-46,128	200,114	-87,869	-96,194	-84,824	68,623	-129,952	-23,482	-99,335	94,707	-57,168	27,398	-77,499	42,657	-125,661	-58,506	-142,494	-49,394	-184,782	-104,760	-277,098	-177,324	0	0	-359,115	-27,201	9,049	-68,485	28,014	-80,742	35,536	-48,272	23,795	-36,431	13,409	-56,187	-9,171	-69,468	3,300	-87,800	600	-54,800	-6,800	-65,100	6,000	-36,300	-5,100	-44,700	800	-28,500	-600	-38,700	2,600	-48,600	-33,200	-54,600	-15,300	-40,700	-12,500	-36,200	1,000	-29,700	10,200	-30,300	-2,900	-21,700	-400	-30,600	-2,200	-16,800	-1,100	-23,500	-13,800	-24,100	-28,100	-28,700	-21,600	-37,100
Investments	-887,000	-664,000	-703,000	-561,000	-765,000	-686,000	-835,000	159,000	-183,000	-519,000	-471,000	-363,000	-615,000	-488,000	-508,000	-450,000	-691,000	-437,000	-466,000	-351,000	0	0	0	-8,000	-177,000	-1,000	-7,000	-2,000	-204,000	-5,000	-2,000	-22,000	-197,000	0	0	0	-9,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issuance Of Capital Stock	0	0	0	1,688,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-7,000	973,000	-1,171,000	540,000	218,000	890,000	-257,000	-98,000	84,000	251,000	311,000	285,000	112,000	262,000	356,000	347,000	77,000	232,000	227,000	226,000	38,000	363,000	286,000	257,000	18,000	160,000	134,000	322,000	-2,000	115,000	206,000	215,535	34,343	287,295	96,827	60,643	-25,929	63,038	5,728	158,969	-84,234	129,359	62,787	54,788	-167,234	63,031	-360,378	104,534	-46,509	138,252	31,798	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	171,000	323,000	280,000	170,000	147,000	297,000	218,000	158,000	645,000	278,000	207,000	133,000	145,000	264,000	176,000	124,000	98,000	240,000	170,000	113,000	112,000	185,000	162,000	106,000	-1,000	203,000	131,000	93,000	101,000	148,000	137,000	82,000	98,988	173,894	123,075	80,043	93,501	152,185	109,299	68,123	59,693	150,665	101,263	57,643	55,478	153,812	107,026	41,754	40,293	137,422	84,566	47,332	40,154	124,114	72,751	30,808	36,371	91,636	51,989	-413,079	36,407	88,158	45,442	-732,428	0	0	49,235	2,741	0	0	55,188	66,665	17,892	32,864	55,777	49,381	23,461	38,108	50,731	45,139	27,083	32,549	52,900	33,800	19,700	27,700	46,600	35,100	21,600	25,900	43,500	31,700	18,000	21,900	36,300	26,500	17,000	18,500	32,700	27,400	13,500	17,700	27,800	22,800	10,400	14,700	28,700	21,800	10,200	12,700	23,100	20,300	12,100	12,300	28,500	20,300	12,500	16,100	18,400	14,200	8,400	7,600
Other Cashflows From Financing Activities	219,000	1,088,000	2,335,000	-1,164,000	554,000	252,000	915,000	-239,000	12,000	121,000	583,000	7,000	327,000	150,000	800,000	7,000	787,000	98,000	380,000	241,000	190,000	241,000	666,000	287,000	710,000	350,000	167,000	129,000	351,000	10,000	8,000	221,000	204,987	4,947	6,588	102,826	25,922	219,675	120,206	1,358	624,892	-69,161	5,756	135,463	276,050	-56,946	9,119	-344,300	112,662	-37,455	146,304	4,559	3,425	3,080	135,069	51,523	213,794	34,374	3,576	2,608	355,180	45,289	180,793	98,035	1,030,220	723,226	0	0	42,207	48,638	46,137	-72,742	875,925	223,657	87	76,577	40,435	56,931	-11,803	94,737	50,431	110,520	12,800	118,900	23,200	80,700	52,000	89,200	44,500	52,500	20,200	68,300	12,800	59,000	24,100	40,500	277,600	49,800	62,700	34,100	16,300	73,000	38,800	18,200	-1,300	49,900	74,700	62,500	-9,900	63,900	6,000	32,400	13,100	26,100	13,400	14,600	23,900	30,800	39,600	28,500	24,900	42,600
Other Cashflows From Investing Activities	0	-149,000	-76,000	-35,000	170,000	235,000	-264,000	583,000	376,000	-66,000	-25,000	-21,000	-107,000	-44,000	-46,000	-42,000	-152,000	-34,000	-80,000	-25,000	-41,000	1,000	-388,000	-22,000	-181,000	-19,000	-20,000	-18,000	-190,000	-18,000	-29,000	-39,000	-52,097	-164,549	-68,249	-20,105	-292,648	-684,948	-23,659	-12,734	-18,937	-24,548	-14,933	-14,624	51,217	-10,968	42,998	462,971	-3,478	-428	6,144	10,223	64,230	46,078	14,721	11,338	129,698	87,500	55,991	0	0	0	0	732	16,154	20,222	0	0	13,370	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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 Non Cash Items	284,000	-2,000	-14,000	-42,000	5,000	-43,000	-18,000	-30,000	2,000	-5,000	-10,000	-50,000	9,000	-6,000	-34,000	-28,000	2,000	-14,000	-25,000	-35,000	-18,000	18,000	8,000	-10,000	-27,000	-2,000	-44,000	-29,000	1,000	-30,000	-22,000	-22,000	-3,481	-37,142	-13,891	-7,500	-20,789	-23,034	12,111	9,688	16,884	6,004	-10,075	-19,233	-198,005	172,767	-20,617	-7,743	53,484	2,815	10,407	-14,980	-5,426	6,421	-5,844	-6,971	86,010	-38,488	-59,061	-2,320	181,926	33,124	2,201	748,239	0	0	0	0	0	0	125,294	128,414	118,916	105,234	118,302	82,770	96,088	92,464	87,112	87,688	85,854	86,352	80,700	94,800	69,400	68,700	67,200	62,100	61,700	59,100	56,500	53,800	55,500	52,400	52,500	50,600	48,100	44,900	43,800	42,500	42,700	41,400	40,300	39,400	40,200	43,600	35,600	37,100	33,900	30,800	29,600	29,400	29,100	22,200	27,000	26,700	23,700	21,600	21,900	23,400	22,900	19,500
Sale Purchase Of Stock	0	1,688,000	1,688,000	1,688,000	0	-1,000	-5,000	8,000	-92,000	-4,000	-8,000	336,000	78,000	6,000	2,000	862,000	36,000	-36,000	-36,000	-36,000	45,000	3,000	191,000	-45,000	54,000	5,000	6,000	-54,000	65,000	4,000	-3,000	-62,000	-86,743	-26,031	-12,026	-1,200	-450	3,277	3,970	-1,200	-450	5,008	-1,720	-1,200	-449	-2,827	214,990	-1,100	-1,748	-134	-6	94,987	-78	-134	-6	-10	-78	-134	44,839	264,940	-78	-137	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Stock Based Compensation	-11,000	9,000	2,000	0	28,000	0	0	0	-748,000	0	-4,000	1,000	8,000	2,000	5,000	5,000	57,000	12,000	4,000	6,000	15,000	52,000	17,000	9,000	14,000	18,000	19,000	19,000	18,000	16,000	17,000	4,000	-2,418	23,667	18,347	2,418	3,373	2,788	4,171	2,711	3,558	2,454	4,420	2,042	11,470	0	25,294	21,006	10,334	21,401	23,688	19,331	123	32,747	43,437	21,873	24,639	25,145	55,524	449,397	0	-8,630	-18,351	-20,954	0	0	0	0	0	0	-9,153	-78,994	-14,342	-10,459	-24,046	250	-12,754	-9,222	-3,861	1,039	-1,607	8,759	-4,000	-2,200	-4,000	-900	-7,500	-3,200	-2,600	-2,000	-2,000	5,400	-1,400	-2,300	-2,200	-2,800	-2,300	-7,900	-4,500	-5,700	900	-9,100	2,100	-2,200	-800	-2,500	-2,400	1,500	900	-800	1,000	3,400	900	-400	-500	2,000	1,400	-4,800	800	900	600	800
Total Cash From Financing Activities	63,000	-132,000	856,000	401,000	434,000	125,000	794,000	-353,000	-193,000	6,000	135,000	-293,000	154,000	25,000	173,000	768,000	228,000	1,000	155,000	110,000	140,000	-52,000	472,000	166,000	154,000	-52,000	91,000	14,000	251,000	-64,000	57,000	97,000	67,492	-30,344	221,741	49,111	-15,425	-64,485	28,611	-35,883	120,951	-126,411	90,290	74,833	-17,682	-197,506	34,581	-382,409	72,669	-80,917	108,305	5,078	42,496	-111,901	79,902	-47,831	67,220	-74,918	69,111	58,756	153,690	45,097	180,737	98,035	256,593	274,542	0	0	332,367	0	21,625	-97,250	851,274	200,015	-23,468	53,134	17,077	34,076	-34,861	71,743	27,535	88,666	-8,900	97,500	4,800	63,100	34,600	71,700	27,200	36,400	4,100	52,300	-3,100	44,300	9,500	27,400	264,700	38,000	51,000	22,600	4,800	60,300	30,100	9,800	-9,900	41,900	66,300	54,200	-18,200	56,100	-1,100	25,000	5,800	19,100	6,200	6,800	17,500	24,800	33,600	22,400	18,900	36,800
Total Cash From Operating Activities	527,000	633,000	429,000	285,000	344,000	568,000	42,000	154,000	412,000	509,000	341,000	179,000	438,000	457,000	351,000	180,000	438,000	465,000	312,000	168,000	394,000	467,000	306,000	219,000	463,000	462,000	247,000	277,000	351,000	407,000	271,000	247,000	323,382	437,623	219,376	198,619	257,025	389,647	205,741	244,874	207,486	398,479	140,572	149,625	220,584	418,143	168,772	148,099	232,313	313,648	100,870	161,526	187,906	289,518	121,519	175,990	124,605	242,843	86,209	142,499	159,256	251,638	55,884	85,391	473,712	329,913	0	0	323,748	525,435	105,702	64,298	93,256	65,328	133,273	42,693	86,318	102,084	105,114	37,798	58,150	108,092	122,800	29,900	68,600	94,100	84,700	32,100	59,000	85,000	83,700	42,500	55,900	71,800	73,800	22,200	40,700	58,600	53,900	24,800	41,800	55,800	55,500	33,000	33,000	46,100	53,200	14,800	26,300	47,000	49,000	19,900	26,700	38,500	50,500	23,300	15,100	38,600	24,700	24,300	8,800	37,400
Total Cashflows From Investing Activities	0	-1,928,000	-703,000	-561,000	-2,127,000	-1,362,000	-835,000	159,000	-183,000	-519,000	-471,000	-363,000	-615,000	-488,000	-508,000	-450,000	-691,000	-437,000	-466,000	-351,000	-491,000	-396,000	-763,000	-386,000	-651,000	-381,000	-352,000	-288,000	-573,000	-349,000	-342,000	-323,000	-421,018	-476,807	-320,659	-246,516	-292,648	-283,167	-232,974	-205,200	-333,927	-259,980	-231,677	-227,710	-197,000	-215,025	-199,936	229,605	-306,396	-230,576	-209,237	-166,188	-746,743	-505,952	-331,226	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

Income Statement

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31	1993-12-31	1992-12-31	1991-12-31	1990-12-31	1989-12-31	1988-12-31	1987-12-31	1986-12-31	1985-12-31
Cost Of Revenue	1,720,000	1,589,000	1,777,000	1,622,000	1,544,000	1,479,000	1,378,000	1,504,000	1,404,000	1,349,864	1,312,724	1,350,040	1,301,794	1,389,212	1,324,355	1,303,798	1,422,406	1,581,373	1,763,807	664,549	592,634	552,963	437,100	421,600	418,200	396,700	385,000	355,800	333,200	318,300	294,700	285,600	271,600	246,500	232,700	213,000
Depreciation And Amortization	704,000	798,000	736,000	604,000	654,000	545,000	492,000	470,000	440,000	424,084	407,718	381,503	351,821	354,650	335,159	311,438	265,825	257,875	0	-201,197	-176,559	-165,626	-129,800	-112,500	-101,900	-87,000	-80,600	-75,100	-58,400	-52,100	-47,000	-39,700	35,500	35,000	32,800	29,600
Discontinued Operations	0	0	0	0	0	0	0	0	0	-6,733	0	-16,180	4,684	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Ebit	1,656,000	1,273,000	1,196,000	1,248,000	1,170,000	1,180,000	1,219,000	1,060,000	1,069,000	983,442	969,266	899,932	790,177	748,091	623,609	-198,223	-4,414	259,008	2,136,746	179,918	225,220	228,028	181,900	136,500	76,500	27,300	7,200	13,800	315,600	303,600	267,400	231,700	158,200	155,500	154,000	142,400
Ebitda	2,360,000	2,071,000	1,932,000	1,852,000	1,824,000	1,725,000	1,711,000	1,530,000	1,509,000	1,407,526	1,376,984	1,281,435	1,141,998	1,102,741	958,768	113,215	261,411	516,883	2,136,746	-21,279	48,661	62,402	52,100	24,000	-25,400	-59,700	-73,400	-61,300	257,200	251,500	220,400	192,000	193,700	190,500	186,800	172,000
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	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Extraordinary Items	0	0	0	0	0	-12,000	-125,000	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	-	-	-	-
Gross Profit	2,514,000	2,203,000	2,153,000	2,155,000	2,066,000	1,961,000	1,979,000	1,798,000	1,755,000	1,661,464	1,589,134	1,526,849	1,364,442	1,321,465	1,116,348	1,033,130	2,214,215	2,093,067	2,136,746	774,338	757,956	707,894	580,700	532,600	476,400	406,100	385,200	361,700	324,200	314,700	276,000	241,900	240,300	236,900	233,800	216,700
Income Before Tax	1,196,000	1,008,000	1,640,000	924,000	833,000	787,000	912,000	770,000	782,000	709,814	605,470	631,258	503,680	449,436	-111,665	-450,594	-255,519	-108,938	0	271,807	266,367	230,349	214,300	193,800	165,500	149,700	128,600	123,300	105,900	111,800	86,700	74,800	87,900	97,100	103,200	84,000
Income Tax Expense	252,000	188,000	377,000	215,000	212,000	222,000	486,000	302,000	306,000	279,973	236,206	257,008	198,751	181,609	121,418	111,827	86,756	46,912	325,040	110,324	105,306	91,400	83,300	74,700	63,800	57,600	49,900	47,900	37,700	38,200	29,600	26,500	31,000	41,100	47,400	37,100
Interest Expense	460,000	433,000	403,000	408,000	399,000	350,000	342,000	325,000	308,000	309,259	319,917	323,446	323,357	315,043	296,545	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Income	73,000	381,000	399,000	395,000	382,000	350,000	342,000	325,000	308,000	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	-2,000	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	-	-	-	-
Net Income	944,000	820,000	1,263,000	709,000	621,000	567,000	426,000	468,000	476,000	423,108	369,264	358,070	309,613	267,827	-233,083	-562,421	-342,826	-162,243	-325,040	161,483	161,061	138,949	131,000	119,100	101,700	92,100	78,700	75,400	68,200	73,600	57,100	48,300	56,900	56,000	55,800	46,900
Net Income Applicable To Common Shares	0	820,000	1,263,000	709,000	621,000	567,000	426,000	468,000	476,000	423,108	369,264	358,070	309,613	267,827	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Net Income From Continuing Ops	944,000	820,000	1,263,000	709,000	621,000	565,000	426,000	468,000	476,000	429,841	442,736	347,825	304,929	267,827	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Net Interest Income	-387,000	-381,000	-399,000	-395,000	-382,000	-350,000	-342,000	-325,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Non Operating Income Net Other	0	168,000	847,000	71,000	45,000	35,000	10,000	15,000	15,000	5,056	-44,969	1,537	12,959	16,388	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	57,000	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	-	-	-	-
Operating Income	1,504,000	1,273,000	1,196,000	1,248,000	1,170,000	1,102,000	1,244,000	1,080,000	1,075,000	1,002,576	945,849	924,973	803,136	748,091	173,609	-193,165	2,936	253,510	2,136,746	-207,718	-136,456	-133,369	-79,000	-89,400	-125,700	-153,800	-153,500	-137,100	202,200	204,300	176,900	155,200	160,000	159,800	160,700	143,100
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	-	-	-	-
Other Operating Expenses	2,730,000	2,519,000	2,734,000	2,529,000	2,406,000	2,301,000	2,129,000	2,232,000	2,087,000	2,010,680	1,955,084	1,952,755	1,863,100	1,962,586	1,817,094	2,530,093	2,211,279	1,839,557	0	1,646,605	1,487,046	1,394,226	1,096,800	1,043,600	1,020,300	956,600	923,700	854,600	455,200	428,700	393,800	372,300	351,900	323,600	305,800	286,600
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	-	-	-	-
Reconciled Depreciation	704,000	649,000	636,000	604,000	582,000	545,000	492,000	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	-	-	-	-
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	-	-	-	-
Selling And Marketing Expenses	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Selling General Administrative	0	1,870,000	2,098,000	1,925,000	1,824,000	1,756,000	1,637,000	1,762,000	1,647,000	1,586,596	1,547,366	1,571,252	1,512,272	1,607,865	0	0	0	5,980	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	5,400
Tax Provision	252,000	188,000	377,000	215,000	212,000	222,000	486,000	302,000	306,000	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	1,010,000	930,000	957,000	907,000	862,000	822,000	751,000	728,000	683,000	660,816	642,360	602,715	1,863,100	1,962,586	1,817,094	2,530,093	2,211,279	1,839,557	0	982,056	894,412	841,263	659,700	622,000	602,100	559,900	538,700	498,800	122,000	110,400	99,100	86,700	80,300	77,100	73,100	73,600
Total Other Income Expense Net	79,000	-265,000	444,000	-324,000	-337,000	-2,000	26,000	25,000	18,000	14,010	-26,537	23,276	12,959	16,388	-438,729	5,058	13,727	870	0	1,535	-8,558	-30,145	-1,300	-900	1,600	-7,100	500	-700	3,400	4,900	3,500	2,900	1,800	4,300	6,700	700
Total Revenue	4,234,000	3,792,000	3,930,000	3,777,000	3,610,000	3,440,000	3,357,000	3,302,000	3,159,000	3,011,328	2,901,858	2,876,889	2,666,236	2,710,677	2,440,703	2,336,928	2,214,215	2,093,067	2,136,746	1,438,887	1,350,590	1,260,857	1,017,800	954,200	894,600	802,800	770,200	717,500	657,400	633,000	570,700	527,500	511,900	483,400	466,500	429,700

	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	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31	1999-09-30	1999-06-30	1999-03-31	1998-12-31	1998-09-30	1998-06-30	1998-03-31	1997-12-31	1997-09-30	1997-06-30	1997-03-31	1996-12-31	1996-09-30	1996-06-30	1996-03-31	1995-12-31	1995-09-30	1995-06-30	1995-03-31	1994-12-31	1994-09-30	1994-06-30	1994-03-31	1993-12-31	1993-09-30	1993-06-30	1993-03-31	1992-12-31	1992-09-30	1992-06-30	1992-03-31	1991-12-31	1991-09-30	1991-06-30	1991-03-31	1990-12-31	1990-09-30	1990-06-30	1990-03-31	1989-12-31	1989-09-30	1989-06-30	1989-03-31	1988-12-31	1988-09-30	1988-06-30	1988-03-31	1987-12-31	1987-09-30	1987-06-30	1987-03-31	1986-12-31	1986-09-30	1986-06-30	1986-03-31	1985-12-31	1985-09-30
Cost Of Revenue	472,000	436,000	419,000	393,000	433,000	416,000	376,000	364,000	491,000	436,000	431,000	419,000	429,000	419,000	391,000	383,000	412,000	395,000	372,000	365,000	394,000	390,000	348,000	347,000	368,000	324,000	349,000	337,000	373,000	432,000	351,000	348,000	380,000	363,610	336,624	323,832	345,487	341,348	342,974	329,275	333,591	343,610	323,320	312,203	357,333	355,126	327,577	310,004	373,419	345,757	332,310	320,571	392,520	378,034	344,863	330,423	383,155	340,862	330,597	314,402	367,839	342,226	330,575	311,261	378,013	374,688	339,106	330,599	1,581,373	-	-	-	1,763,807	242,955	222,299	209,252	186,360	166,890	160,476	150,823	145,791	148,215	154,270	144,358	139,163	146,400	130,100	108,100	115,100	113,000	108,800	100,200	108,500	111,400	103,300	98,300	103,500	109,700	106,400	98,500	103,000	104,100	97,000	92,600	95,200	100,000	94,700	95,100	95,600	93,100	86,100	81,100	85,100	85,100	83,700	80,400	85,500	81,100	77,500	74,300	73,000	75,000	74,700	72,000	75,800	73,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation And Amortization	181,000	177,000	174,000	206,000	178,000	203,000	212,000	205,000	160,000	161,000	158,000	157,000	153,000	154,000	152,000	145,000	152,000	144,000	142,000	144,000	141,000	141,000	134,000	129,000	114,000	128,000	126,000	124,000	120,000	119,000	115,000	116,000	112,000	111,196	108,923	107,377	105,686	106,458	105,862	106,078	103,969	102,734	101,366	99,649	100,851	96,219	92,329	92,104	88,794	88,424	86,584	88,019	122,494	79,431	65,817	76,232	87,803	74,854	73,242	78,852	111,839	47,970	77,564	74,065	0	0	0	0	0	-	-	-	0	-62,647	-64,207	-59,458	-52,617	-59,151	-41,385	-48,044	-46,232	-43,556	-43,844	-42,927	-43,126	-40,400	-47,400	-34,700	-34,200	-33,700	-31,100	-30,800	-29,500	-28,300	-26,900	-27,800	-26,300	-26,300	-25,300	-24,000	-22,500	-21,900	-21,300	-21,300	-20,600	-20,200	-19,700	-20,100	-21,700	-18,000	-18,400	-17,000	-15,700	-14,700	-14,100	-13,900	-14,100	-13,100	-12,700	-12,200	-13,500	-11,400	-11,100	-11,000	-10,600	10,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
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	-2,310	-4,423	0	0	0	0	0	0	1,254	-299	-9,637	-7,498	-20,114	9,017	9,913	5,868	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	336,000	524,000	467,000	295,000	261,000	439,000	327,000	246,000	250,000	417,000	330,000	229,000	263,000	433,000	313,000	239,000	314,000	406,000	290,000	232,000	250,000	415,000	302,000	213,000	266,000	422,000	304,000	227,000	244,000	309,000	295,000	212,000	232,000	355,194	270,766	197,163	216,547	338,681	253,609	185,989	253,148	325,605	242,738	158,996	162,351	330,446	273,240	162,137	180,488	282,283	204,921	147,817	152,088	273,955	209,273	123,130	137,381	212,887	154,570	117,179	115,733	233,794	140,216	-673,021	0	0	0	0	0	-	-	-	0	25,682	39,742	-6,510	10,116	90,837	48,780	30,185	61,770	83,361	49,940	30,149	52,728	78,100	90,000	31,200	34,500	66,900	46,700	33,900	27,600	49,500	36,800	22,800	18,900	32,600	20,500	4,700	-4,200	17,900	16,100	-2,300	-700	11,900	7,000	-10,900	-260,900	106,400	94,500	73,700	74,600	88,900	82,600	69,400	68,300	91,400	79,100	64,800	70,700	75,400	65,500	55,700	51,500	45,700	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Ebitda	517,000	701,000	641,000	501,000	439,000	642,000	539,000	451,000	410,000	578,000	488,000	386,000	416,000	587,000	465,000	384,000	466,000	550,000	432,000	376,000	391,000	556,000	436,000	342,000	380,000	550,000	430,000	351,000	364,000	428,000	410,000	328,000	344,000	466,390	379,689	304,540	322,233	445,139	359,471	292,067	357,117	428,339	344,104	258,645	263,202	426,665	365,569	254,241	269,282	370,707	291,505	235,836	274,582	353,386	275,090	199,362	225,184	287,741	227,812	196,031	227,572	281,764	217,780	-598,956	-1,657,725	553,554	553,554	553,554	-1,316,290	523,267	523,267	523,267	0	-36,965	-24,465	-65,968	-42,501	31,686	7,395	-17,859	15,538	39,805	6,096	-12,778	9,602	37,700	42,600	-3,500	300	33,200	15,600	3,100	-1,900	21,200	9,900	-5,000	-7,400	6,300	-4,800	-19,300	-26,700	-4,000	-5,200	-23,600	-21,300	-8,300	-12,700	-31,000	-282,600	88,400	76,100	56,700	58,900	74,200	68,500	55,500	54,200	78,300	66,400	52,600	57,200	64,000	54,400	44,700	40,900	55,700	135,200	121,000	-227,000	144,300	127,400	115,300	-206,500	133,800	122,600	109,900	-192,000	129,300	118,400	105,000	-181,900	116,500
Effect Of Accounting Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-12,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross Profit	560,000	731,000	678,000	545,000	498,000	666,000	561,000	478,000	460,000	656,000	568,000	469,000	494,000	660,000	540,000	461,000	490,000	618,000	510,000	448,000	456,000	586,000	505,000	414,000	453,000	612,000	495,000	419,000	429,000	498,000	476,000	395,000	403,000	532,596	445,497	374,246	385,891	504,821	416,185	352,671	378,669	485,586	400,945	323,934	323,580	476,689	418,030	308,550	623,716	420,693	341,938	290,365	664,384	408,912	326,360	257,630	597,837	339,094	282,143	235,768	568,551	329,967	258,794	195,554	553,554	553,554	553,554	553,554	523,267	523,267	523,267	523,267	372,939	240,502	201,715	175,488	177,266	228,066	203,402	165,604	186,506	215,910	192,139	163,401	171,694	207,200	188,900	128,900	138,200	169,500	147,200	125,800	128,400	154,600	134,600	115,100	116,700	137,900	122,200	99,700	95,300	118,900	103,700	88,200	92,400	109,800	100,400	82,600	86,300	107,100	93,800	74,400	75,600	91,200	84,900	72,500	70,200	95,000	81,700	67,800	72,300	77,500	68,000	58,200	53,900	68,200	135,200	121,000	124,900	144,300	127,400	115,300	117,100	133,800	122,600	109,900	113,800	129,300	118,400	105,000	104,700	116,500
Income Before Tax	218,000	407,000	357,000	214,000	178,000	367,000	270,000	193,000	894,000	340,000	251,000	155,000	181,000	352,000	232,000	159,000	136,000	318,000	227,000	152,000	170,000	255,000	222,000	140,000	201,000	340,000	226,000	145,000	166,000	243,000	225,000	136,000	158,000	287,085	203,627	133,502	149,146	263,813	181,489	113,006	99,948	248,992	167,719	88,811	94,324	255,024	197,265	84,645	102,223	206,759	125,813	70,113	74,856	202,723	121,572	50,285	62,916	141,801	86,126	-402,508	64,453	145,762	75,664	-736,530	0	-82,690	82,690	4,215	0	-	-	-	0	93,616	131,066	27,670	53,583	97,749	81,211	39,264	62,435	84,219	74,211	45,502	52,349	87,400	55,900	32,600	45,500	76,000	57,400	35,500	42,700	70,400	51,300	29,300	35,800	58,900	43,100	27,600	30,200	52,900	44,600	21,900	29,100	44,900	37,000	17,500	23,400	48,400	35,500	16,000	19,500	36,900	31,100	18,500	16,800	44,400	31,700	18,800	22,300	29,000	22,700	12,700	11,000	25,600	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income Tax Expense	47,000	84,000	77,000	44,000	31,000	70,000	52,000	35,000	249,000	62,000	44,000	22,000	36,000	88,000	56,000	35,000	38,000	78,000	57,000	39,000	58,000	70,000	60,000	34,000	202,000	137,000	95,000	52,000	65,000	95,000	88,000	54,000	59,000	113,191	80,552	53,459	55,200	107,205	72,190	44,883	40,255	98,327	66,456	31,168	40,100	100,913	80,602	35,393	41,082	78,354	51,160	28,649	34,702	78,609	48,821	19,477	26,545	50,165	34,137	10,571	28,215	57,549	30,166	-4,102	85,707	85,707	85,707	85,707	40,560	40,561	40,561	40,561	50,979	38,428	64,401	12,457	20,719	41,972	31,830	15,803	24,327	33,488	29,072	18,419	19,800	34,600	22,800	12,900	17,800	29,400	22,300	13,900	16,800	26,900	19,700	11,300	13,900	22,600	16,600	10,600	11,700	20,300	17,200	8,400	11,400	17,100	14,300	7,100	8,700	19,700	13,600	5,800	6,800	13,700	10,800	6,400	4,500	15,900	11,500	6,300	6,200	10,600	8,500	4,300	3,400	9,600	-15,900	-8,700	-11,800	-20,300	-14,500	-10,200	-12,000	-18,600	-14,700	-10,800	-13,600	-18,300	-16,600	-10,500	-8,600	-14,800
Interest Expense	118,000	117,000	110,000	115,000	116,000	111,000	106,000	100,000	103,000	101,000	101,000	98,000	99,000	99,000	101,000	96,000	98,000	97,000	94,000	93,000	91,000	89,000	86,000	84,000	83,000	89,000	85,000	85,000	83,000	81,000	81,000	80,000	73,516	79,748	77,299	77,437	77,556	78,972	75,794	76,937	78,042	80,324	80,602	80,949	78,976	79,453	82,551	82,466	82,091	81,203	81,167	79,158	82,736	74,858	81,348	81,020	76,754	74,124	73,688	74,528	73,972	74,285	71,507	71,286	85,812	69,966	71,941	73,426	374,771	-	-	-	349,624	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Income	21,000	94,000	15,000	14,000	103,000	97,000	12,000	13,000	99,000	101,000	101,000	98,000	99,000	99,000	101,000	96,000	98,000	97,000	94,000	93,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-2,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	171,000	323,000	280,000	170,000	147,000	297,000	218,000	158,000	645,000	278,000	207,000	133,000	145,000	264,000	176,000	124,000	98,000	240,000	170,000	113,000	112,000	187,000	162,000	106,000	-1,000	203,000	131,000	93,000	101,000	148,000	137,000	82,000	99,000	173,894	123,075	80,043	93,501	152,185	109,299	68,123	59,693	150,665	101,263	57,643	55,478	153,812	107,026	41,754	40,293	137,422	84,566	47,332	40,154	124,114	72,751	30,808	36,371	91,636	51,989	-413,079	36,238	88,213	45,498	-732,428	-85,707	-85,707	-85,707	-85,707	-40,560	-40,561	-40,561	-40,561	0	55,188	66,665	17,892	32,864	55,777	49,381	23,461	38,108	50,731	45,139	27,083	32,549	52,800	33,100	19,700	27,700	46,600	35,100	21,600	25,900	43,500	31,600	18,000	21,900	36,300	26,500	17,000	18,500	32,600	27,400	13,500	17,700	27,800	22,700	10,400	14,700	28,700	21,900	10,200	12,700	23,200	20,300	12,100	12,300	28,500	20,200	12,500	16,100	18,400	14,200	8,400	7,600	16,000	15,900	8,700	11,800	20,300	14,500	10,200	12,000	18,600	14,700	10,800	13,600	18,300	16,600	10,500	8,600	14,800
Net Income Applicable To Common Shares	0	323,000	280,000	170,000	147,000	297,000	218,000	158,000	645,000	278,000	207,000	133,000	145,000	264,000	176,000	124,000	98,000	240,000	170,000	113,000	112,000	187,000	162,000	106,000	-1,000	203,000	131,000	93,000	101,000	148,000	137,000	82,000	98,988	173,894	123,075	80,043	93,501	152,185	109,299	68,123	59,693	149,909	101,263	57,643	55,478	153,812	107,026	41,754	40,293	137,422	84,566	47,332	38,346	124,114	72,751	29,183	36,371	91,636	51,989	0	36,407	88,158	45,498	0	0	-49,985	49,985	2,429	0	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income From Continuing Ops	171,000	323,000	280,000	170,000	147,000	297,000	218,000	158,000	645,000	278,000	207,000	133,000	145,000	264,000	176,000	124,000	98,000	240,000	170,000	113,000	112,000	185,000	162,000	106,000	-1,000	203,000	131,000	93,000	101,000	148,000	137,000	82,000	98,988	173,894	123,075	80,043	95,811	156,608	109,299	68,123	133,165	150,665	101,263	57,643	27,799	154,111	116,663	49,252	60,407	128,405	74,653	41,464	0	124,114	72,751	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-97,000	-94,000	-95,000	-101,000	-103,000	-97,000	-94,000	-87,000	-99,000	-101,000	-101,000	-98,000	-99,000	-99,000	-101,000	-96,000	-98,000	-97,000	-94,000	-93,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non Operating Income Net Other	0	0	35,000	34,000	0	0	49,000	47,000	777,000	24,000	22,000	24,000	17,000	18,000	20,000	16,000	10,000	9,000	19,000	7,000	13,000	9,000	6,000	7,000	5,000	-1,000	3,000	3,000	1,000	5,000	7,000	2,000	7,723	3,438	1,487	2,352	2,713	1,973	1,383	-1,013	-53,756	2,506	3,589	2,692	-8,761	4,000	1,737	4,561	4,036	4,044	3,157	1,722	0	3,626	4,323	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	57,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Income	299,000	478,000	432,000	295,000	261,000	439,000	327,000	246,000	220,000	417,000	330,000	229,000	263,000	433,000	313,000	239,000	224,000	406,000	302,000	238,000	248,000	335,000	302,000	217,000	279,000	430,000	308,000	227,000	248,000	319,000	299,000	214,000	232,000	361,283	277,561	204,301	223,061	337,285	253,774	186,096	215,854	323,875	241,887	164,233	166,963	327,640	270,632	159,738	177,140	281,317	201,160	144,873	152,088	273,955	195,983	126,065	137,381	214,406	157,192	-335,370	123,194	212,211	140,417	-671,746	-1,657,725	553,554	553,554	553,554	-1,316,290	523,267	523,267	523,267	111,575	-95,576	-115,009	-123,549	-89,446	-19,386	-35,318	-62,890	-34,126	-12,771	-34,967	-54,592	-40,069	-10,700	-19,400	-39,200	-34,100	-600	-15,600	-28,700	-31,500	-6,900	-17,200	-33,600	-33,600	-18,500	-29,900	-43,400	-49,000	-26,200	-33,500	-45,000	-41,300	-28,800	-32,000	-51,300	-308,400	71,900	58,700	40,600	43,700	60,600	55,300	42,600	40,800	67,000	55,000	41,400	45,100	52,800	44,500	34,400	31,600	46,200	135,200	121,000	-227,000	144,300	127,400	115,300	-206,500	133,800	122,600	109,900	-192,000	129,300	118,400	105,000	-181,900	116,500
Other Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	733,000	689,000	665,000	643,000	670,000	643,000	610,000	596,000	731,000	675,000	669,000	659,000	660,000	646,000	618,000	605,000	635,000	607,000	586,000	578,000	602,000	602,000	551,000	546,000	549,000	513,000	538,000	529,000	556,000	616,000	530,000	530,000	551,000	535,098	505,769	494,905	509,629	508,944	505,730	496,120	496,041	504,553	482,492	471,998	514,132	504,206	475,188	459,229	446,230	486,768	473,060	465,795	512,296	512,991	475,240	461,988	460,456	465,550	455,548	435,540	445,357	459,982	448,952	1,178,561	2,211,279	0	0	0	1,839,557	-	-	-	0	579,033	539,023	508,289	453,072	414,342	399,196	379,317	366,423	376,896	381,376	362,351	350,926	364,300	338,400	276,200	287,400	283,100	271,600	254,700	268,400	272,900	255,100	247,000	253,800	266,100	258,500	241,600	247,300	249,200	234,200	225,800	228,900	238,600	227,100	229,000	490,300	128,300	121,200	114,900	117,000	115,700	113,300	110,300	114,900	109,100	104,200	100,700	100,200	99,700	98,200	95,800	98,100	95,500	-	-	351,900	-	-	-	323,600	-	-	-	305,800	-	-	-	286,600	-
Preferred Stock And Other Adjustments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Reconciled Depreciation	181,000	177,000	174,000	172,000	164,000	164,000	163,000	158,000	160,000	161,000	158,000	157,000	153,000	154,000	152,000	145,000	152,000	144,000	142,000	144,000	141,000	141,000	134,000	129,000	114,000	128,000	126,000	124,000	120,000	119,000	115,000	116,000	112,504	111,196	108,923	107,377	105,686	106,458	105,862	106,078	103,969	102,734	101,366	99,649	100,851	96,219	92,329	92,104	88,794	88,424	86,584	88,019	122,494	79,431	65,817	86,908	87,803	85,127	83,377	78,852	111,839	47,970	77,564	74,065	0	0	0	0	0	-	-	-	0	-62,647	-64,207	-59,458	-52,617	-59,151	-41,385	-48,044	-46,232	-43,556	-43,844	-42,927	-43,126	-40,400	-47,400	-34,700	-34,200	-33,700	-31,100	-30,800	-29,500	-28,300	-26,900	-27,800	-26,300	-26,300	-25,300	-24,000	-22,500	-21,900	-21,300	-21,300	-20,600	-20,200	-19,700	-20,100	-21,700	-18,000	-18,400	-17,000	-15,700	-14,700	-14,100	-13,900	-14,100	-13,100	-12,700	-12,200	-13,500	-11,400	-11,100	-11,000	-10,600	10,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Research Development	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling And Marketing Expenses	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling General Administrative	0	0	492,000	471,000	0	0	447,000	438,000	571,000	514,000	511,000	502,000	507,000	492,000	466,000	460,000	483,000	463,000	444,000	434,000	461,000	461,000	417,000	417,000	435,000	385,000	412,000	405,000	436,000	497,000	415,000	414,000	438,724	423,902	396,846	387,528	394,531	402,155	399,868	390,042	392,072	401,819	381,126	372,349	413,281	407,987	382,859	367,125	350,746	398,344	385,406	377,776	0	433,350	398,753	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax Provision	47,000	84,000	77,000	44,000	31,000	70,000	52,000	35,000	249,000	62,000	44,000	22,000	36,000	88,000	56,000	35,000	38,000	78,000	57,000	39,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Operating Expenses	261,000	253,000	246,000	250,000	237,000	227,000	234,000	232,000	240,000	239,000	238,000	240,000	231,000	227,000	227,000	222,000	223,000	212,000	214,000	213,000	208,000	212,000	203,000	199,000	181,000	189,000	189,000	192,000	183,000	184,000	179,000	182,000	171,000	171,488	169,145	171,073	164,142	167,596	162,756	166,845	162,450	160,943	159,172	159,795	156,799	504,206	475,188	459,229	446,230	486,768	473,060	465,795	512,296	512,991	475,240	461,988	460,456	465,550	455,548	435,540	445,357	459,982	448,952	1,178,561	-2,211,279	689,000	408,000	396,000	-1,839,557	-	-	-	0	336,078	316,724	299,037	266,712	247,452	238,720	228,494	220,632	228,681	227,106	217,993	211,763	217,900	208,300	168,100	172,300	170,100	162,800	154,500	159,900	161,500	151,800	148,700	150,300	156,400	152,100	143,100	144,300	145,100	137,200	133,200	133,700	138,600	132,400	133,900	394,700	35,200	35,100	33,800	31,900	30,600	29,600	29,900	29,400	28,000	26,700	26,400	27,200	24,700	23,500	23,800	22,300	22,000	-	-	-351,900	-	-	-	-323,600	-	-	-	-305,800	-	-	-	-286,600	-
Total Other Income Expense Net	16,000	23,000	20,000	-81,000	-83,000	-72,000	-57,000	-53,000	773,000	24,000	22,000	24,000	17,000	18,000	20,000	16,000	-33,000	9,000	25,000	10,000	13,000	-30,000	6,000	9,000	12,000	6,000	5,000	3,000	3,000	10,000	9,000	3,000	5,000	5,725	4,574	7,766	4,597	3,702	3,357	2,413	-39,493	3,262	5,327	4,367	3,746	4,031	6,576	4,974	3,826	5,679	3,129	1,454	5,504	3,626	4,323	2,935	2,289	1,519	2,622	-445,159	7,461	-1,177	201	1,275	0	0	0	0	0	-	-	-	0	-851	-31,593	-2,554	2,699	-3,559	3,066	-671	-3,432	-4,052	234	-1,308	-6,545	-8,000	-14,600	-1,000	-200	-100	-100	-1,000	-100	200	-200	-800	100	1,500	200	-100	200	-300	-7,000	-100	600	-300	400	-200	-4,100	1,500	1,000	900	500	1,000	1,000	1,000	700	1,800	1,300	1,000	1,400	200	1,200	700	1,300	500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Revenue	1,032,000	1,167,000	1,097,000	938,000	931,000	1,082,000	937,000	842,000	951,000	1,092,000	999,000	888,000	923,000	1,079,000	931,000	844,000	902,000	1,013,000	882,000	813,000	850,000	976,000	853,000	761,000	821,000	936,000	844,000	756,000	802,000	930,000	827,000	743,000	783,000	896,206	782,121	698,078	731,378	846,169	759,159	681,946	712,260	829,196	724,265	636,137	680,913	831,815	745,607	618,554	623,716	766,450	674,248	610,936	664,384	786,946	671,223	588,053	597,837	679,956	612,740	550,170	568,551	672,193	589,369	506,815	553,554	553,554	553,554	553,554	523,267	523,267	523,267	523,267	2,136,746	483,457	424,014	384,740	363,626	394,956	363,878	316,427	332,297	364,125	346,409	307,759	310,857	353,600	319,000	237,000	253,300	282,500	256,000	226,000	236,900	266,000	237,900	213,400	220,200	247,600	228,600	198,200	198,300	223,000	200,700	180,800	187,600	209,800	195,100	177,700	181,900	200,200	179,900	155,500	160,700	176,300	168,600	152,900	155,700	176,100	159,200	142,100	145,300	152,500	142,700	130,200	129,700	141,700	135,200	121,000	124,900	144,300	127,400	115,300	117,100	133,800	122,600	109,900	113,800	129,300	118,400	105,000	104,700	116,500

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

Gross Profit (+$)
totalRevenue	4,234,000
Cost of Revenue	-1,720,000
Gross Profit	2,514,000	2,514,000

Operating Income (+$)
Gross Profit	2,514,000
Operating Expense	-1,010,000
Operating Income	1,504,000	1,504,000

Operating Expense (+$)
Research Development	0
Selling General Administrative	0
Selling And Marketing Expenses	0
Operating Expense	1,010,000	0

Net Interest Income (+$)
Interest Income	73,000
Interest Expense	-460,000
Other Finance Cost	-0
Net Interest Income	-387,000

Pretax Income (+$)
Operating Income	1,504,000
Net Interest Income	-387,000
Other Non-Operating Income Expenses	0
Income Before Tax (EBT)	1,196,000	1,425,000 EBIT - interestExpense = 1,196,000 1,196,000 1,404,000
Interest Expense	460,000
Earnings Before Interest and Taxes (EBIT)	1,656,000	1,656,000
Earnings Before Interest and Taxes (EBITDA)	2,360,000

After tax Income (+$)
Income Before Tax	1,196,000
Tax Provision	-252,000
Net Income From Continuing Ops	944,000	944,000
Net Income	944,000
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	2,730,000
Total Other Income/Expenses Net	79,000	387,000

Technical Analysis of American Water Works
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 American Water Works. The general trend of American Water Works is BEARISH 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 American Water Works'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 American Water Works.

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

Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 122.21 < 122.50 < 124.34.

The bearish price targets are: 113.34 > 112.94.

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American Water Works 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 American Water Works. The current mas is .

The long score for the Moving Averages is 3/14.
The longshort score for the Moving Averages is -8/(-14 +14).

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

Directionalities and relatives.

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

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

Shows the moving average of the selected period.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

There are various kinds of moving averages:

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

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

Simple moving average

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

Source: Tradingview.com

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

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

Exponential moving average

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

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

Where:

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

Smoothed moving average

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

Linear weighted moving average

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

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

Where:

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

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

Source: Tradingview.com

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

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

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

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

American Water Works 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 American Water Works. The current macd is -0.13671167.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the American Water Works price going up in the near term. +2
MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for American Water Works. 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 American Water Works 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 up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1

American Water Works 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 American Water Works. The current adx is 12.16.

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

PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy American Water Works shares, leading to potential upward momentum in its price. +1
PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1

American Water Works 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 American Water Works. The current sar is 114.12.

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

Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1

American Water Works 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 American Water Works. The current rsi is 57.50. The current phase is Correction in bear market.

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

Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
Trending up: The RSI is trending up. +1

Measures the speed and change of price movements.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

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

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

Original usage

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

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

How you can use RSI (Divergence)

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

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

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

Source: Tradingview.com

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

Use tradingview to add indicators

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

Tradingview

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

View tool on Tradingview.com

RSI divergence

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

There are four types of divergences:

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

Regular bullish divergence

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

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

Source: Tradingview.com

Regular bearish divergence

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

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

Source: Tradingview.com

Hidden bullish divergence

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

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

Source: Tradingview.com

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

Hidden bearish divergence

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

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

Source: Tradingview.com

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

American Water Works 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 American Water Works. The current phase is Overbought in bear market.

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

STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
STOCH > 80: The STOCH %K is above 80 and overbought. +2
STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the American Water Works price going up in the near term. +2
Trending up: The STOCH %K is trending up. +1

American Water Works 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 American Water Works. The current cci is 68.09.

American Water Works 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 American Water Works. The current cmo is 26.41.

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

CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1

American Water Works 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 American Water Works. The current willr is -9.58286359.

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

WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1

American Water Works 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 American Water Works.

American Water Works 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 American Water Works. The current atr is 2.39529708.

American Water Works 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 American Water Works. The current obv is 4,029,079.

American Water Works 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 American Water Works. The current mfi is 53.22.

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

MFI > 50: +1

American Water Works Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

Type	Notification	Date
Currently no notifications for American Water Works.

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
2023-12-04	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-06	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-08	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-11	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
2023-12-12	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-13	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-12-14	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-15	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2023-12-18	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2023-12-19	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2023-12-20	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
2023-12-21	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
2023-12-22	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2023-12-29	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-02	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-03	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2024-01-04	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-01-05	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-08	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-01-09	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-10	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2024-01-11	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.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-01-16	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-01-17	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
2024-01-18	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-01-22	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-23	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-01-24	STOCH	LONG EXIT		The %K line crosses below the %D line.
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-01-25	RSI	LONG ENTRY	SHORT CLOSE	30 crossover to upside
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-31	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-01	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-02	STOCH	LONG EXIT		The %K line crosses below the %D line.
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-02-05	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2024-02-06	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-07	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-02-08	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2024-02-09	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-12	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
2024-02-13	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-02-15	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-02-16	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-02-20	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-21	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-22	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
2024-02-23	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-02-26	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
2024-02-27	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-01	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
2024-03-04	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-03-05	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-03-07	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-03-11	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-03-12	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-03-13	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-03-14	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.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-03-15	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-03-19	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-21	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-22	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-25	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-03-26	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-27	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
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-03-28	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
2024-04-01	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-04-03	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-04-04	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-04-05	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-04-08	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-04-09	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-04-10	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.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-04-12	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-04-16	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
2024-04-17	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-19	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
2024-04-22	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
2024-04-24	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside

6.3. Candlestick Patterns

American Water Works Daily Candlestick Chart

Date	Candlestick Pattern

6.4. Technical Score

Let's check the technical score of American Water Works based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	57.502
Ma 20	Greater than	Ma 50	118.877
Ma 50	Greater than	Ma 100	119.125
Ma 100	Greater than	Ma 200	124.147
Open	Greater than	Close	118.790
Total			1/5 (20.0%)

Create your own Symbol Scanner

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Quick analysis of American Water Works (30 sec.)

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

How much money do you get?

What is your share worth?

+ What do you gain per year?

For what price can you sell your share?

1. Valuation of American Water Works (5 min.)

$121.36

$50.24

$-84.60 - $-34.19

$-34.36 - $16.05

2. Growth of American Water Works (5 min.)

Is American Water Works growing?

How much money is American Water Works making?

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

3. Financial Health of American Water Works (5 min.)

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

What can you expect buying and holding a share of American Water Works?

Speculation

Investing

How much money are you going to get?

When do you get the money?

How sure are you?

Linear %

Fundamentals of American Water Works

About American Water Works

Financial Health

Valuation

1.1. Profitability of American Water Works.

1.1. Profitability

1.1.1. Net Profit Margin

Trends

1.1.2. Return on Assets

Trends

1.1.3. Return on Equity

Trends

1.2. Operating Efficiency of American Water Works.

1.2. Operating Efficiency

1.2.1. Operating Margin

Trends

1.2.2. Operating Ratio

Trends

1.3. Liquidity of American Water Works.

1.3. Liquidity

1.3.1. Current Ratio

Trends

1.3.2. Quick Ratio

Trends

1.4. Solvency of American Water Works.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Trends

1.4.2. Debt to Equity Ratio

Trends

2. Market Valuation of American Water Works

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

Trends

2.2. Price To Free Cash Flow Ratio

Trends

2. Book Value per Share

2.3. Price to Book Ratio

Trends

American Water Works
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