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BASF SE ADR
Buy, Hold or Sell?

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

Let's analyse Basf

Let's start. I'm going to help you getting a better view of BASF SE ADR. 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.

  1. Company's Financial Health
    A deep dive into the books. How are the numbers doing? Is BASF SE ADR even making a profit? Is the company skyrocketing? Or is it sinking like the Titanic. The trend is your friend.
  2. Market Valuation
    Finally, you now have an insight of how BASF SE ADR is doing in the market. If the company is worth buying. The latest step is to find out how other investors value BASF SE ADR. The closing price on 2022-10-03 was $10.07 per share. Is the company over- or underpriced?
  3. Key Performance Indicators
    A total overlook on how the company is doing. Based on the (trends in) the key performance indicators.
BASF SE ADR Daily Candlestick Chart


Summary

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is 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 yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is able to pay all its debts with equity.

1.1. Profitability of BASF SE ADR.

1.1. Profitability

An important factor of a company's health is the profitability.

1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Basf to the Chemicals industry mean.
  • A Net Profit Margin of 9.1% means that $[indicator name=netProfitMargin&period=MRQ&percentage=1 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of BASF SE ADR:

  • The MRQ is 9.1%. The company is making a profit. +1
  • The TTM is 6.3%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ9.1%TTM6.3%+2.8%
TTM6.3%YOY2.1%+4.2%
TTM6.3%5Y6.8%-0.4%
5Y6.8%10Y6.7%+0.1%
Compared to industry (Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ9.1%7.8%+1.3%
TTM6.3%6.5%-0.2%
YOY2.1%6.4%-4.3%
5Y6.8%5.4%+1.4%
10Y6.7%5.6%+1.1%
1.1.2. Return on Assets

Shows how efficient Basf is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Basf to the Chemicals industry mean.
  • 2.2% Return on Assets means that Basf generated $0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of BASF SE ADR:

  • The MRQ is 2.2%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.5%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ2.2%TTM1.5%+0.7%
TTM1.5%YOY0.7%+0.8%
TTM1.5%5Y265.4%-263.9%
5Y265.4%10Y133.5%+131.9%
Compared to industry (Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ2.2%1.8%+0.4%
TTM1.5%1.7%-0.2%
YOY0.7%1.1%-0.4%
5Y265.4%1.2%+264.2%
10Y133.5%1.2%+132.3%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Basf to the Chemicals industry mean.
  • 4.6% Return on Equity means Basf generated $0.05 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of BASF SE ADR:

  • The MRQ is 4.6%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 3.3%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ4.6%TTM3.3%+1.4%
TTM3.3%YOY1.5%+1.8%
TTM3.3%5Y631.3%-628.0%
5Y631.3%10Y317.7%+313.6%
Compared to industry (Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ4.6%3.5%+1.1%
TTM3.3%3.3%0.0%
YOY1.5%2.3%-0.8%
5Y631.3%2.4%+628.9%
10Y317.7%2.3%+315.4%

1.2. Operating Efficiency of BASF SE ADR.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Basf is operating .

  • Measures how much profit Basf 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 Basf to the Chemicals industry mean.
  • An Operating Margin of 9.8% means the company generated $0.10  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of BASF SE ADR:

  • The MRQ is 9.8%. The company is operating less efficient.
  • The TTM is 9.5%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ9.8%TTM9.5%+0.3%
TTM9.5%YOY7.4%+2.0%
TTM9.5%5Y9.2%+0.3%
5Y9.2%10Y5.4%+3.8%
Compared to industry (Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ9.8%9.7%+0.1%
TTM9.5%9.5%0.0%
YOY7.4%8.3%-0.9%
5Y9.2%8.4%+0.8%
10Y5.4%5.9%-0.5%
1.2.2. Operating Ratio

Measures how efficient Basf is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Chemicals industry mean).
  • An Operation Ratio of 1.65 means that the operating costs are $1.65 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of BASF SE ADR:

  • The MRQ is 1.648. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.653. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.648TTM1.653-0.005
TTM1.653YOY1.706-0.053
TTM1.6535Y1.582+0.070
5Y1.58210Y1.146+0.436
Compared to industry (Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6481.617+0.031
TTM1.6531.585+0.068
YOY1.7061.600+0.106
5Y1.5821.528+0.054
10Y1.1461.229-0.083

1.3. Liquidity of BASF SE ADR.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Chemicals industry mean).
  • A Current Ratio of 1.63 means the company has $1.63 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of BASF SE ADR:

  • The MRQ is 1.628. The company is able to pay all its short-term debts. +1
  • The TTM is 1.694. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.628TTM1.694-0.066
TTM1.694YOY1.750-0.056
TTM1.6945Y1.779-0.085
5Y1.77910Y1.021+0.757
Compared to industry (Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6281.615+0.013
TTM1.6941.627+0.067
YOY1.7501.628+0.122
5Y1.7791.536+0.243
10Y1.0211.093-0.072
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Basf to the Chemicals industry mean.
  • A Quick Ratio of 0.88 means the company can pay off $0.88 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of BASF SE ADR:

  • The MRQ is 0.877. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.853. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.877TTM0.853+0.024
TTM0.853YOY0.838+0.016
TTM0.8535Y0.766+0.087
5Y0.76610Y0.459+0.307
Compared to industry (Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8770.667+0.210
TTM0.8530.685+0.168
YOY0.8380.713+0.125
5Y0.7660.677+0.089
10Y0.4590.625-0.166

1.4. Solvency of BASF SE ADR.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy (always compare to Chemicals industry mean).
  • A Debt to Asset Ratio of 0.52 means that Basf assets are financed with 52.2% credit (debt) and the remaining percentage (100% - 52.2%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of BASF SE ADR:

  • The MRQ is 0.522. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.529. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.522TTM0.529-0.007
TTM0.529YOY0.564-0.035
TTM0.5295Y0.552-0.023
5Y0.55210Y0.571-0.018
Compared to industry (Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5220.439+0.083
TTM0.5290.426+0.103
YOY0.5640.417+0.147
5Y0.5520.427+0.125
10Y0.5710.425+0.146
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Basf to the Chemicals industry mean.
  • A Debt to Equity ratio of 112.6% means that company has $1.13 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of BASF SE ADR:

  • The MRQ is 1.126. The company is able to pay all its debts with equity. +1
  • The TTM is 1.160. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.126TTM1.160-0.035
TTM1.160YOY1.326-0.166
TTM1.1605Y1.272-0.112
5Y1.27210Y1.375-0.103
Compared to industry (Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1260.783+0.343
TTM1.1600.778+0.382
YOY1.3260.750+0.576
5Y1.2720.813+0.459
10Y1.3750.901+0.474

2. Market Valuation of BASF SE ADR

2. Earnings
2.1. Price to Earnings Ratio

Measures how much money you pays for each share for every $1 in earnings Basf generates.

  • Above 15 is considered overpriced but always compare Basf to the Chemicals industry mean.
  • A PE ratio of 1.83 means the investor is paying $1.83 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of BASF SE ADR:

  • The EOD is 1.691. Very good. +2
  • The MRQ is 1.830. Very good. +2
  • The TTM is 2.604. Very good. +2
Trends
Current periodCompared to+/- 
EOD1.691MRQ1.830-0.139
MRQ1.830TTM2.604-0.773
TTM2.604YOY-25.023+27.627
TTM2.6045Y1.097+1.507
5Y1.09710Y8.478-7.381
Compared to industry (Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD1.69110.038-8.347
MRQ1.83011.487-9.657
TTM2.60412.056-9.452
YOY-25.02314.449-39.472
5Y1.09716.747-15.650
10Y8.47816.993-8.515
2.2. Price Earnings to Growth Ratio

Measures the predicted future growth of Basf.

  • Lower is better
  • A PEG ratio of 1 means the investor is paying a fair price for the stock

Let's take a look of the Price Earnings to Growth Ratio trends of BASF SE ADR:

  • The MRQ is 0.013. Very good. +2
  • The TTM is 0.000. Very Bad. -2
Trends
Current periodCompared to+/- 
MRQ0.013TTM0.000+0.013
TTM0.000YOY0.230-0.230
TTM0.0005Y-0.072+0.072
5Y-0.07210Y0.657-0.729
Compared to industry (Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0130.027-0.014
TTM0.0000.013-0.013
YOY0.230-0.013+0.243
5Y-0.072-0.039-0.033
10Y0.657-0.051+0.708

2. Books
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Chemicals industry mean).
  • A PB ratio of 0.22 means the investor is paying $0.22 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of BASF SE ADR:

  • The EOD is 0.199. Very good. +2
  • The MRQ is 0.216. Very good. +2
  • The TTM is 0.333. Very good. +2
Trends
Current periodCompared to+/- 
EOD0.199MRQ0.216-0.016
MRQ0.216TTM0.333-0.118
TTM0.333YOY0.474-0.141
TTM0.3335Y0.211+0.122
5Y0.21110Y0.105+0.105
Compared to industry (Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD0.1991.611-1.412
MRQ0.2161.717-1.501
TTM0.3331.916-1.583
YOY0.4741.574-1.100
5Y0.2111.389-1.178
10Y0.1050.943-0.838

3. Summary

3.1. Key Performance Indicators

The key performance indicators of BASF SE ADR compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Per Share--50.48946.785+8%39.781+27%24.069+110%12.034+320%
Book Value Per Share Growth--3.8732.255+72%-0.080+102%4.590-16%4.590-16%
Current Ratio--1.6281.694-4%1.750-7%1.779-8%1.021+59%
Debt To Asset Ratio--0.5220.529-1%0.564-7%0.552-6%0.571-9%
Debt To Equity Ratio--1.1261.160-3%1.326-15%1.272-12%1.375-18%
Dividend Per Share--3.3442.542+32%0.861+288%1.548+116%1.548+116%
Eps--2.2761.489+53%0.627+263%0.909+150%1.174+94%
Eps Growth--137.288-797.550+681%22.793+502%-165.159+220%-87.357+164%
Gains Per Share--7.2174.798+50%0.781+824%6.138+18%6.138+18%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Net Profit Margin--0.0910.063+44%0.021+328%0.068+34%0.067+36%
Operating Margin--0.0980.095+4%0.074+32%0.092+7%0.054+81%
Operating Ratio--1.6481.6530%1.706-3%1.582+4%1.146+44%
Pb Ratio0.199-8%0.2160.333-35%0.474-54%0.211+2%0.105+105%
Pe Ratio1.691-8%1.8302.604-30%-25.023+1467%1.097+67%8.478-78%
Peg Ratio--0.0130.000+101%0.230-94%-0.072+637%0.657-98%
Price Per Share10.070-8%10.90015.418-29%18.878-42%22.939-52%57.139-81%
Quick Ratio--0.8770.853+3%0.838+5%0.766+15%0.459+91%
Return On Assets--0.0220.015+45%0.007+198%2.654-99%1.335-98%
Return On Equity--0.0460.033+43%0.015+221%6.313-99%3.177-99%
 EOD+3 -0MRQTTM+17 -2YOY+17 -25Y+11 -810Y+14 -5

3.2. Fundamental Score

Let's check the fundamental score of BASF SE ADR based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-151.691
Price to Book Ratio (EOD)Between0-10.199
Net Profit Margin (MRQ)Greater than00.091
Operating Margin (MRQ)Greater than00.098
Quick Ratio (MRQ)Greater than10.877
Current Ratio (MRQ)Greater than11.628
Debt to Asset Ratio (MRQ)Less than10.522
Debt to Equity Ratio (MRQ)Less than11.126
Return on Equity (MRQ)Greater than0.150.046
Return on Assets (MRQ)Greater than0.050.022
Total6/10 (60.0%)

3.3. Technical Score

Let's check the technical score of BASF SE ADR based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5046.567
Ma 20Greater thanMa 5010.303
Ma 50Greater thanMa 10010.671
Ma 100Greater thanMa 20011.410
OpenGreater thanClose9.870
Total0/5 (0.0%)



Reversals in quarterly reports

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

 2021-06-302021-09-302021-12-312022-03-312022-06-30
Other Stockholders Equity  -2,067,000830,000-1,237,000488,000-749,000-54,000-803,0005,045,0004,242,000



Latest Balance Sheet

Balance Sheet of 2022-06-30. Currency in EUR. All numbers in thousands.

Summary
Total Assets96,972,000
Total Liabilities50,599,000
Total Stockholder Equity44,947,000
 As reported
Total Liabilities 50,599,000
Total Stockholder Equity+ 44,947,000
Total Assets = 96,972,000

Assets

Total Assets96,972,000
Total Current Assets43,351,000
Long-term Assets43,351,000
Total Current Assets
Cash And Cash Equivalents 3,780,000
Short-term Investments 207,000
Net Receivables 23,158,000
Inventory 15,986,000
Other Current Assets 220,000
Total Current Assets  (as reported)43,351,000
Total Current Assets  (calculated)43,351,000
+/-0
Long-term Assets
Property Plant Equipment 22,254,000
Intangible Assets 13,772,000
Other Assets 3,248,000
Long-term Assets  (as reported)53,621,000
Long-term Assets  (calculated)39,274,000
+/- 14,347,000

Liabilities & Shareholders' Equity

Total Current Liabilities26,633,000
Long-term Liabilities23,966,000
Total Stockholder Equity44,947,000
Total Current Liabilities
Short Long Term Debt 8,424,000
Accounts payable 9,068,000
Other Current Liabilities 8,300,000
Total Current Liabilities  (as reported)26,633,000
Total Current Liabilities  (calculated)25,792,000
+/- 841,000
Long-term Liabilities
Long term Debt 15,639,000
Capital Lease Obligations Min Short Term Debt1,490,000
Other Liabilities 7,222,000
Long-term Liabilities Other 264,000
Long-term Liabilities  (as reported)23,966,000
Long-term Liabilities  (calculated)24,615,000
+/- 649,000
Total Stockholder Equity
Common Stock1,176,000
Retained Earnings 39,529,000
Other Stockholders Equity 4,242,000
Total Stockholder Equity (as reported)44,947,000
Total Stockholder Equity (calculated)44,947,000
+/-0
Other
Capital Stock1,176,000
Common Stock Shares Outstanding 918,479
Net Debt 20,283,000
Net Invested Capital 69,010,000
Net Tangible Assets 31,175,000
Net Working Capital 16,718,000



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-312004-12-312004-09-302004-06-302004-03-312003-12-312003-09-302003-06-302003-03-312002-12-312002-09-302002-06-302002-03-312001-12-312001-09-302001-06-302001-03-312000-12-312000-09-302000-06-30
> Total Assets 
34,526,000
36,136,260
36,197,146
36,941,835
33,307,904
34,081,214
32,822,438
33,138,547
35,759,539
35,046,740
36,787,461
40,180,670
41,475,062
41,656,905
42,327,936
43,106,815
42,191,710
43,742,608
45,914,939
48,593,546
46,726,105
45,850,545
42,240,532
46,176,756
56,829,491
58,030,338
59,770,533
61,108,481
63,291,176
64,416,336
68,345,107
76,090,012
77,335,278
69,730,520
70,792,034
65,740,081
74,565,370
76,908,447
73,477,298
73,851,960
69,413,423
74,385,229
78,808,572
85,374,569
86,083,630
80,396,777
79,362,328
85,930,963
81,548,983
82,108,701
84,821,582
85,532,702
83,783,099
88,721,926
88,711,958
93,797,964
93,642,338
89,162,520
86,351,526
84,916,198
84,415,703
80,721,352
76,920,812
83,975,053
79,605,809
82,153,151
80,718,579
84,593,365
86,325,356
89,805,970
94,694,890
98,970,353
95,271,182
99,072,702
99,284,240
92,040,000
88,759,000
89,591,000
86,950,000
92,355,000
90,369,000
86,973,000
80,292,000
84,833,000
82,938,000
86,102,000
87,383,000
93,983,000
96,972,000
96,972,00093,983,00087,383,00086,102,00082,938,00084,833,00080,292,00086,973,00090,369,00092,355,00086,950,00089,591,00088,759,00092,040,00099,284,24099,072,70295,271,18298,970,35394,694,89089,805,97086,325,35684,593,36580,718,57982,153,15179,605,80983,975,05376,920,81280,721,35284,415,70384,916,19886,351,52689,162,52093,642,33893,797,96488,711,95888,721,92683,783,09985,532,70284,821,58282,108,70181,548,98385,930,96379,362,32880,396,77786,083,63085,374,56978,808,57274,385,22969,413,42373,851,96073,477,29876,908,44774,565,37065,740,08170,792,03469,730,52077,335,27876,090,01268,345,10764,416,33663,291,17661,108,48159,770,53358,030,33856,829,49146,176,75642,240,53245,850,54546,726,10548,593,54645,914,93943,742,60842,191,71043,106,81542,327,93641,656,90541,475,06240,180,67036,787,46135,046,74035,759,53933,138,54732,822,43834,081,21433,307,90436,941,83536,197,14636,136,26034,526,000
   > Total Current 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
27,367,000
30,669,000
27,231,000
28,433,000
31,145,000
41,487,268
40,180,400
50,149,340
49,576,738
46,516,000
29,459,000
30,026,000
30,990,000
36,008,000
35,213,000
35,043,000
29,868,000
34,624,000
33,119,000
34,524,000
35,051,000
42,726,000
43,351,000
43,351,00042,726,00035,051,00034,524,00033,119,00034,624,00029,868,00035,043,00035,213,00036,008,00030,990,00030,026,00029,459,00046,516,00049,576,73850,149,34040,180,40041,487,26831,145,00028,433,00027,231,00030,669,00027,367,000000000000000000000000000000000000000000000000000000000000000000000
       Cash And Cash Equivalents 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,731,525
4,078,418
4,288,053
2,629,922
2,760,657
2,589,714
3,103,748
1,981,062
3,954,220
2,669,327
1,944,725
2,656,870
5,012,251
2,809,762
2,249,800
2,343,152
3,118,133
2,898,628
2,248,163
2,500,889
4,289,524
3,230,840
2,476,351
2,078,952
2,488,690
2,875,501
1,953,350
2,433,502
4,597,004
2,013,340
3,888,348
1,450,900
1,971,641
2,109,894
4,629,515
7,808,289
8,946,980
8,918,762
2,815,467
2,638,220
2,303,000
2,118,000
2,190,000
2,427,000
3,829,000
5,212,000
5,514,000
4,330,000
4,127,000
2,869,000
2,899,000
2,624,000
4,494,000
3,780,000
3,780,0004,494,0002,624,0002,899,0002,869,0004,127,0004,330,0005,514,0005,212,0003,829,0002,427,0002,190,0002,118,0002,303,0002,638,2202,815,4678,918,7628,946,9807,808,2894,629,5152,109,8941,971,6411,450,9003,888,3482,013,3404,597,0042,433,5021,953,3502,875,5012,488,6902,078,9522,476,3513,230,8404,289,5242,500,8892,248,1632,898,6283,118,1332,343,1522,249,8002,809,7625,012,2512,656,8701,944,7252,669,3273,954,2201,981,0623,103,7482,589,7142,760,6572,629,9224,288,0534,078,4184,731,52500000000000000000000000000000000000
       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
59,675
164,034
244,321
21,498
20,289
22,124
21,762
21,230
21,275
21,785
34,967
24,649
38,669
31,670
32,140
30,328
20,506
23,418
23,010
23,424
22,090
21,904
55,563
22,992
21,482
22,308
22,324
22,804
23,919
23,167
46,076
565,587
36,373
33,092
31,895
62,514
44,286
44,227
37,046
394,586
41,000
47,000
38,000
444,000
343,000
350,000
346,000
207,000
207,000
208,000
200,000
208,000
209,000
207,000
207,000209,000208,000200,000208,000207,000207,000346,000350,000343,000444,00038,00047,00041,000394,58637,04644,22744,28662,51431,89533,09236,373565,58746,07623,16723,91922,80422,32422,30821,48222,99255,56321,90422,09023,42423,01023,41820,50630,32832,14031,67038,66924,64934,96721,78521,27521,23021,76222,12420,28921,498244,321164,03459,67500000000000000000000000000000000000
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
14,798,000
17,733,000
15,400,000
14,472,000
12,275,000
19,755,197
18,207,635
17,316,508
13,773,801
12,751,000
11,233,000
10,542,000
10,664,000
16,446,000
14,164,000
14,386,000
11,181,000
18,463,000
18,887,000
18,471,000
14,282,000
22,270,000
23,158,000
23,158,00022,270,00014,282,00018,471,00018,887,00018,463,00011,181,00014,386,00014,164,00016,446,00010,664,00010,542,00011,233,00012,751,00013,773,80117,316,50818,207,63519,755,19712,275,00014,472,00015,400,00017,733,00014,798,000000000000000000000000000000000000000000000000000000000000000000000
       Other Current Assets 
1,178,000
1,181,506
3,475,122
1,012,189
1,112,636
1,167,402
1,795,242
1,250,018
1,191,590
1,225,984
1,857,942
1,282,930
1,327,331
1,340,915
2,545,476
1,617,627
1,502,889
1,627,869
2,000,104
2,884,306
2,261,116
2,175,263
1,362,423
2,056,347
7,018,227
3,124,808
2,959,032
4,087,094
3,765,320
3,247,620
2,846,270
5,732,474
6,162,192
5,456,388
3,847,212
3,946,474
3,997,102
4,096,400
2,576,893
4,755,742
4,422,301
5,452,641
4,082,872
6,975,199
6,616,679
6,651,876
3,248,439
4,814,907
4,791,038
5,090,976
7,208,786
8,795,621
7,459,934
9,160,488
6,626,321
9,285,915
9,995,069
9,555,608
3,624,250
4,750,744
5,858,081
6,057,617
2,151,168
4,304,281
3,911,947
3,908,576
2,165,271
3,698,299
4,427,468
4,545,642
2,428,444
5,939,486
559,823
15,972,447
17,632,485
41,966,390
0
3,042,940
4,945,000
4,157,000
4,690,000
4,334,000
2,279,000
1,231,000
0
450,000
2,188,000
906,000
220,000
220,000906,0002,188,000450,00001,231,0002,279,0004,334,0004,690,0004,157,0004,945,0003,042,940041,966,39017,632,48515,972,447559,8235,939,4862,428,4444,545,6424,427,4683,698,2992,165,2713,908,5763,911,9474,304,2812,151,1686,057,6175,858,0814,750,7443,624,2509,555,6089,995,0699,285,9156,626,3219,160,4887,459,9348,795,6217,208,7865,090,9764,791,0384,814,9073,248,4396,651,8766,616,6796,975,1994,082,8725,452,6414,422,3014,755,7422,576,8934,096,4003,997,1023,946,4743,847,2125,456,3886,162,1925,732,4742,846,2703,247,6203,765,3204,087,0942,959,0323,124,8087,018,2272,056,3471,362,4232,175,2632,261,1162,884,3062,000,1041,627,8691,502,8891,617,6272,545,4761,340,9151,327,3311,282,9301,857,9421,225,9841,191,5901,250,0181,795,2421,167,4021,112,6361,012,1893,475,1221,181,5061,178,000
   > Long-term 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
45,524,000
59,300,000
59,565,000
55,960,000
56,347,000
55,156,000
51,930,000
50,424,000
50,209,000
49,819,000
51,578,000
52,332,000
51,256,000
53,621,000
53,621,00051,256,00052,332,00051,578,00049,819,00050,209,00050,424,00051,930,00055,156,00056,347,00055,960,00059,565,00059,300,00045,524,000000000000000000000000000000000000000000000000000000000000000000000000000000
       Property Plant Equipment 
0
19,965,434
12,805,669
0
0
0
12,630,342
12,325,838
13,317,427
13,280,339
14,411,317
14,868,690
15,566,807
15,730,995
16,464,153
16,207,002
16,001,988
16,135,892
16,846,958
17,121,672
16,585,148
16,470,022
16,563,286
16,965,466
18,889,918
19,199,238
19,665,510
19,756,073
20,008,248
20,718,505
20,758,311
21,746,100
21,781,058
20,176,664
20,923,041
20,211,090
23,925,130
23,975,644
23,339,662
22,193,460
20,803,747
22,092,104
22,877,083
23,799,075
24,363,785
22,973,582
23,307,292
23,790,523
23,285,051
23,850,451
23,968,192
22,157,582
22,807,831
24,820,483
25,152,187
25,324,346
26,136,948
25,809,106
28,432,509
27,374,513
27,716,575
26,541,003
27,429,834
28,313,262
27,888,897
28,471,473
27,870,998
27,926,059
28,544,617
28,969,020
30,365,167
30,585,558
29,148,045
23,089,836
23,835,742
22,062,000
22,118,000
22,268,000
18,944,000
22,203,000
21,883,000
19,496,000
16,660,000
19,814,000
19,810,000
20,564,000
17,871,000
21,779,000
22,254,000
22,254,00021,779,00017,871,00020,564,00019,810,00019,814,00016,660,00019,496,00021,883,00022,203,00018,944,00022,268,00022,118,00022,062,00023,835,74223,089,83629,148,04530,585,55830,365,16728,969,02028,544,61727,926,05927,870,99828,471,47327,888,89728,313,26227,429,83426,541,00327,716,57527,374,51328,432,50925,809,10626,136,94825,324,34625,152,18724,820,48322,807,83122,157,58223,968,19223,850,45123,285,05123,790,52323,307,29222,973,58224,363,78523,799,07522,877,08322,092,10420,803,74722,193,46023,339,66223,975,64423,925,13020,211,09020,923,04120,176,66421,781,05821,746,10020,758,31120,718,50520,008,24819,756,07319,665,51019,199,23818,889,91816,965,46616,563,28616,470,02216,585,14817,121,67216,846,95816,135,89216,001,98816,207,00216,464,15315,730,99515,566,80714,868,69014,411,31713,280,33913,317,42712,325,83812,630,34200012,805,66919,965,4340
       Goodwill 
0
0
0
0
0
0
2,228,988
0
0
0
2,173,645
0
0
0
2,567,772
0
0
0
2,475,559
0
0
0
2,532,411
0
0
0
6,220,010
0
0
0
6,286,153
0
0
0
6,608,740
0
0
0
7,264,891
0
0
0
7,792,884
0
0
0
7,734,502
0
0
0
8,419,260
0
0
0
9,468,929
0
0
0
9,851,423
0
0
0
9,081,382
0
0
0
10,629,030
0
0
0
11,244,177
0
0
0
10,565,497
0
0
0
8,105,000
0
0
0
6,959,000
0
0
0
7,520,000
0
0
007,520,0000006,959,0000008,105,00000010,565,49700011,244,17700010,629,0300009,081,3820009,851,4230009,468,9290008,419,2600007,734,5020007,792,8840007,264,8910006,608,7400006,286,1530006,220,0100002,532,4110002,475,5590002,567,7720002,173,6450002,228,988000000
       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
6,177,000
6,439,000
5,228,000
5,329,000
5,321,000
6,476,811
6,183,659
3,161,611
3,180,775
9,652,858
50,202,105
36,628,140
43,802,846
0
0
0
0
0
0
0
0
0
0
000000000043,802,84636,628,14050,202,1059,652,8583,180,7753,161,6116,183,6596,476,8115,321,0005,329,0005,228,0006,439,0006,177,000000000000000000000000000000000000000000000000000000000000000000000
       Intangible Assets 
0
0
0
0
0
0
3,509,397
3,359,532
3,391,450
3,320,332
3,632,633
4,671,740
4,779,081
4,691,455
4,778,294
4,658,668
4,507,448
4,435,352
4,498,272
4,594,917
4,564,575
4,473,518
4,404,750
4,445,302
8,866,070
12,212,506
11,773,835
11,886,811
11,623,144
11,770,488
13,959,739
14,475,799
14,168,476
12,992,539
13,764,498
13,067,389
15,570,612
15,860,383
14,975,507
14,548,566
13,663,905
14,240,248
16,247,890
16,889,116
17,035,479
16,000,275
15,462,519
15,818,124
15,278,874
15,343,636
16,140,982
16,244,281
15,973,678
16,918,750
16,858,607
16,732,872
16,470,439
15,642,304
15,691,366
14,995,510
14,803,589
14,195,832
13,613,929
13,857,074
13,465,659
13,585,618
15,998,943
16,144,352
16,411,300
16,605,534
16,342,707
16,380,859
15,649,441
19,524,195
8,422,803
46,260,286
16,328,000
35,178,294
6,420,000
0
14,874,000
0
6,186,000
0
13,068,000
0
5,979,000
0
13,772,000
13,772,00005,979,000013,068,00006,186,000014,874,00006,420,00035,178,29416,328,00046,260,2868,422,80319,524,19515,649,44116,380,85916,342,70716,605,53416,411,30016,144,35215,998,94313,585,61813,465,65913,857,07413,613,92914,195,83214,803,58914,995,51015,691,36615,642,30416,470,43916,732,87216,858,60716,918,75015,973,67816,244,28116,140,98215,343,63615,278,87415,818,12415,462,51916,000,27517,035,47916,889,11616,247,89014,240,24813,663,90514,548,56614,975,50715,860,38315,570,61213,067,38913,764,49812,992,53914,168,47614,475,79913,959,73911,770,48811,623,14411,886,81111,773,83512,212,5068,866,0704,445,3024,404,7504,473,5184,564,5754,594,9174,498,2724,435,3524,507,4484,658,6684,778,2944,691,4554,779,0814,671,7403,632,6333,320,3323,391,4503,359,5323,509,397000000
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
45,524,000
59,300,000
59,565,000
59,000
56,347,000
0
0
0
0
0
0
0
-1,000
0
0-1,000000000056,347,00059,00059,565,00059,300,00045,524,000000000000000000000000000000000000000000000000000000000000000000000000000000
> Total Liabilities 
20,910,000
23,253,682
22,777,319
19,235,996
16,934,442
17,581,087
17,226,284
17,375,596
18,657,408
18,160,565
19,023,564
21,699,720
22,788,913
22,845,650
22,325,915
23,084,376
22,716,271
23,754,963
24,572,282
25,792,747
25,824,391
24,142,528
21,489,203
24,202,738
34,353,786
35,241,949
35,253,014
35,303,348
37,224,616
36,646,629
38,996,144
43,801,977
45,576,287
41,796,632
44,732,882
40,642,312
49,525,650
50,312,570
46,806,880
46,513,209
45,015,787
47,071,700
48,744,999
52,033,173
52,718,490
48,397,571
46,430,367
50,429,188
50,056,335
49,477,602
50,796,428
50,063,140
49,794,474
52,116,518
50,421,495
54,608,252
56,858,677
54,128,660
52,232,756
52,717,902
50,319,040
47,144,940
42,666,096
48,779,953
47,648,311
48,734,710
46,352,825
47,616,798
49,305,790
50,420,247
52,911,227
54,208,390
54,185,289
56,654,318
57,865,336
54,225,000
47,912,000
48,215,000
44,600,000
48,985,000
51,988,000
52,341,000
45,894,000
45,799,000
44,851,000
45,488,000
45,302,000
51,428,000
50,599,000
50,599,00051,428,00045,302,00045,488,00044,851,00045,799,00045,894,00052,341,00051,988,00048,985,00044,600,00048,215,00047,912,00054,225,00057,865,33656,654,31854,185,28954,208,39052,911,22750,420,24749,305,79047,616,79846,352,82548,734,71047,648,31148,779,95342,666,09647,144,94050,319,04052,717,90252,232,75654,128,66056,858,67754,608,25250,421,49552,116,51849,794,47450,063,14050,796,42849,477,60250,056,33550,429,18846,430,36748,397,57152,718,49052,033,17348,744,99947,071,70045,015,78746,513,20946,806,88050,312,57049,525,65040,642,31244,732,88241,796,63245,576,28743,801,97738,996,14436,646,62937,224,61635,303,34835,253,01435,241,94934,353,78624,202,73821,489,20324,142,52825,824,39125,792,74724,572,28223,754,96322,716,27123,084,37622,325,91522,845,65022,788,91321,699,72019,023,56418,160,56518,657,40817,375,59617,226,28417,581,08716,934,44219,235,99622,777,31923,253,68220,910,000
   > Total Current Liabilities 
0
0
0
0
0
0
7,605,994
0
0
0
8,295,522
0
0
0
10,345,286
0
0
0
12,988,628
12,631,806
11,462,855
9,804,360
9,929,517
12,659,763
18,523,161
18,445,629
18,449,802
18,415,998
18,391,256
17,077,019
18,227,027
22,006,882
23,974,755
21,607,295
22,681,011
16,976,732
18,934,010
19,215,042
16,739,776
17,587,858
18,559,410
17,670,419
20,657,179
22,027,617
23,518,546
20,458,619
21,375,612
23,731,853
23,179,906
22,369,440
22,853,975
22,540,781
20,835,515
22,866,029
20,397,054
21,123,180
24,135,470
21,664,597
19,232,119
19,617,362
21,031,982
17,819,017
15,458,872
19,430,201
17,259,564
17,966,191
16,162,498
15,760,294
16,529,975
16,865,420
17,888,736
20,052,897
19,405,261
25,581,153
26,759,578
25,269,000
17,485,000
16,834,000
16,604,000
22,258,000
21,679,000
21,130,000
16,280,000
19,111,000
19,534,000
20,322,000
20,081,000
25,093,000
26,633,000
26,633,00025,093,00020,081,00020,322,00019,534,00019,111,00016,280,00021,130,00021,679,00022,258,00016,604,00016,834,00017,485,00025,269,00026,759,57825,581,15319,405,26120,052,89717,888,73616,865,42016,529,97515,760,29416,162,49817,966,19117,259,56419,430,20115,458,87217,819,01721,031,98219,617,36219,232,11921,664,59724,135,47021,123,18020,397,05422,866,02920,835,51522,540,78122,853,97522,369,44023,179,90623,731,85321,375,61220,458,61923,518,54622,027,61720,657,17917,670,41918,559,41017,587,85816,739,77619,215,04218,934,01016,976,73222,681,01121,607,29523,974,75522,006,88218,227,02717,077,01918,391,25618,415,99818,449,80218,445,62918,523,16112,659,7639,929,5179,804,36011,462,85512,631,80612,988,62800010,345,2860008,295,5220007,605,994000000
       Short-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
16,897,000
16,810,000
17,447,000
1,968,000
2,709,000
3,716,324
2,974,860
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000002,974,8603,716,3242,709,0001,968,00017,447,00016,810,00016,897,000000000000000000000000000000000000000000000000000000000000000000000
       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
16,897,000
16,810,000
17,447,000
1,968,000
2,709,000
3,716,324
2,974,860
4,546,191
3,839,183
5,678,000
5,077,000
3,917,000
3,896,000
8,572,000
9,417,000
0
3,978,000
4,712,000
4,364,000
4,687,000
505,000
5,939,000
8,424,000
8,424,0005,939,000505,0004,687,0004,364,0004,712,0003,978,00009,417,0008,572,0003,896,0003,917,0005,077,0005,678,0003,839,1834,546,1912,974,8603,716,3242,709,0001,968,00017,447,00016,810,00016,897,000000000000000000000000000000000000000000000000000000000000000000000
       Accounts payable 
0
0
2,673,770
0
0
0
2,195,877
2,286,469
2,382,195
2,372,936
2,457,684
2,744,620
2,599,452
2,517,565
2,590,321
3,029,978
2,880,334
3,227,178
2,989,327
3,733,775
2,866,016
2,811,926
3,288,523
3,362,503
4,108,449
4,555,902
6,274,777
5,070,083
5,756,816
5,081,871
5,495,547
5,722,990
6,023,610
5,278,967
3,805,455
3,445,208
4,172,352
4,675,748
3,992,895
4,969,452
5,326,919
5,653,935
6,286,851
7,163,833
7,000,086
6,037,256
6,643,472
7,607,047
7,294,234
7,334,348
6,192,146
5,841,533
5,753,022
6,250,463
6,207,440
6,238,931
5,633,435
5,388,368
5,882,297
5,901,105
5,223,418
4,412,339
4,365,317
4,363,509
4,346,608
4,354,725
4,864,471
5,222,764
5,025,403
5,141,018
5,976,137
5,813,753
5,856,611
5,818,476
5,875,201
4,991,000
4,835,000
4,489,000
5,087,000
4,750,000
3,820,000
4,250,000
5,291,000
5,354,000
5,771,000
6,235,000
7,826,000
8,987,000
9,068,000
9,068,0008,987,0007,826,0006,235,0005,771,0005,354,0005,291,0004,250,0003,820,0004,750,0005,087,0004,489,0004,835,0004,991,0005,875,2015,818,4765,856,6115,813,7535,976,1375,141,0185,025,4035,222,7644,864,4714,354,7254,346,6084,363,5094,365,3174,412,3395,223,4185,901,1055,882,2975,388,3685,633,4356,238,9316,207,4406,250,4635,753,0225,841,5336,192,1467,334,3487,294,2347,607,0476,643,4726,037,2567,000,0867,163,8336,286,8515,653,9355,326,9194,969,4523,992,8954,675,7484,172,3523,445,2083,805,4555,278,9676,023,6105,722,9905,495,5475,081,8715,756,8165,070,0836,274,7774,555,9024,108,4493,362,5033,288,5232,811,9262,866,0163,733,7752,989,3273,227,1782,880,3343,029,9782,590,3212,517,5652,599,4522,744,6202,457,6842,372,9362,382,1952,286,4692,195,8770002,673,77000
       Other Current Liabilities 
0
0
99,230
0
0
0
4,350,364
0
0
0
3,634,835
0
0
0
6,706,895
0
0
0
7,579,384
5,571,482
5,465,877
5,440,570
5,283,309
5,690,763
6,472,564
6,417,085
6,165,639
6,704,386
6,550,440
6,291,907
6,848,662
8,226,503
7,751,166
7,862,831
9,015,336
7,696,684
7,722,216
8,148,910
7,905,531
8,246,802
6,991,121
7,615,200
8,387,336
9,438,786
8,922,931
9,192,392
8,202,829
8,100,405
7,849,093
7,891,013
9,629,735
10,937,174
8,698,486
8,952,049
8,370,742
9,787,074
8,731,482
9,506,358
7,731,328
7,822,670
7,563,527
7,363,571
5,470,765
6,289,558
5,693,615
5,971,874
5,940,776
6,405,962
6,309,142
7,602,847
7,535,389
10,522,820
9,177,142
15,216,485
11,845,607
3,751,000
2,461,000
3,422,000
5,545,000
8,936,000
8,327,000
11,826,000
5,495,000
9,045,000
9,307,000
9,400,000
5,622,000
10,167,000
8,300,000
8,300,00010,167,0005,622,0009,400,0009,307,0009,045,0005,495,00011,826,0008,327,0008,936,0005,545,0003,422,0002,461,0003,751,00011,845,60715,216,4859,177,14210,522,8207,535,3897,602,8476,309,1426,405,9625,940,7765,971,8745,693,6156,289,5585,470,7657,363,5717,563,5277,822,6707,731,3289,506,3588,731,4829,787,0748,370,7428,952,0498,698,48610,937,1749,629,7357,891,0137,849,0938,100,4058,202,8299,192,3928,922,9319,438,7868,387,3367,615,2006,991,1218,246,8027,905,5318,148,9107,722,2167,696,6849,015,3367,862,8317,751,1668,226,5036,848,6626,291,9076,550,4406,704,3866,165,6396,417,0856,472,5645,690,7635,283,3095,440,5705,465,8775,571,4827,579,3840006,706,8950003,634,8350004,350,36400099,23000
   > Long-term 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
0
0
0
0
0
0
28,956,000
30,427,000
31,381,000
27,996,000
26,727,000
30,309,000
31,211,000
29,614,000
26,688,000
25,317,000
25,166,000
25,221,000
26,335,000
23,966,000
23,966,00026,335,00025,221,00025,166,00025,317,00026,688,00029,614,00031,211,00030,309,00026,727,00027,996,00031,381,00030,427,00028,956,000000000000000000000000000000000000000000000000000000000000000000000000000000
       Other Liabilities 
0
16,362,589
12,347,917
15,223,294
14,458,339
14,957,845
7,687,882
12,280,510
12,356,467
12,315,160
8,416,519
13,986,880
14,326,892
14,390,080
7,679,005
15,757,115
15,564,762
16,272,479
8,694,915
9,399,931
8,956,149
8,849,366
6,371,706
6,360,836
6,728,144
6,816,726
7,262,837
7,286,155
7,283,224
7,546,023
7,605,535
7,663,845
7,907,071
7,289,734
7,496,774
7,150,331
9,104,588
9,547,538
9,232,675
9,151,692
9,453,007
10,659,104
9,329,435
10,044,401
10,568,387
10,435,078
9,880,237
11,104,555
12,170,149
12,912,567
12,533,293
11,630,519
11,538,569
11,701,008
10,634,632
12,255,586
13,632,502
14,465,374
14,449,804
15,975,089
12,502,519
12,886,528
11,392,178
14,252,307
15,295,867
15,818,608
13,364,108
13,039,792
12,933,227
13,395,942
12,944,087
15,985,976
15,414,339
11,898,588
13,328,745
12,859,000
14,467,000
15,266,000
11,892,000
12,333,000
13,645,000
14,703,000
12,732,000
11,104,000
10,363,000
10,074,000
10,344,000
11,320,000
7,222,000
7,222,00011,320,00010,344,00010,074,00010,363,00011,104,00012,732,00014,703,00013,645,00012,333,00011,892,00015,266,00014,467,00012,859,00013,328,74511,898,58815,414,33915,985,97612,944,08713,395,94212,933,22713,039,79213,364,10815,818,60815,295,86714,252,30711,392,17812,886,52812,502,51915,975,08914,449,80414,465,37413,632,50212,255,58610,634,63211,701,00811,538,56911,630,51912,533,29312,912,56712,170,14911,104,5559,880,23710,435,07810,568,38710,044,4019,329,43510,659,1049,453,0079,151,6929,232,6759,547,5389,104,5887,150,3317,496,7747,289,7347,907,0717,663,8457,605,5357,546,0237,283,2247,286,1557,262,8376,816,7266,728,1446,360,8366,371,7068,849,3668,956,1499,399,9318,694,91516,272,47915,564,76215,757,1157,679,00514,390,08014,326,89213,986,8808,416,51912,315,16012,356,46712,280,5107,687,88214,957,84514,458,33915,223,29412,347,91716,362,5890
       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
3,499,000
3,508,000
3,572,000
3,333,000
3,279,000
3,934,063
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000003,934,0633,279,0003,333,0003,572,0003,508,0003,499,000000000000000000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
13,148,000
12,438,961
12,967,987
17,375,185
16,061,619
16,158,914
15,275,985
15,445,652
16,712,819
16,496,942
17,348,376
18,059,120
18,230,670
18,358,070
19,513,131
19,603,282
19,046,738
19,546,841
20,893,466
22,265,179
20,375,451
21,172,642
20,180,781
21,393,774
21,867,425
22,128,665
23,817,417
25,045,490
25,264,824
26,895,238
27,930,720
30,731,242
30,067,656
26,308,941
24,457,075
23,572,754
23,498,922
25,011,448
25,048,036
25,691,284
22,793,660
25,605,243
28,400,968
31,626,672
31,635,451
30,310,011
31,315,525
33,824,358
29,882,545
31,094,807
32,411,188
34,116,192
32,704,538
35,270,857
37,356,247
38,232,956
35,733,638
33,994,576
33,415,701
31,398,091
33,193,189
32,904,460
33,571,684
34,475,252
31,306,610
32,636,276
33,562,746
36,079,005
36,097,557
38,360,355
40,678,841
43,544,101
40,044,227
41,305,858
40,208,763
36,676,000
40,007,000
40,489,000
41,497,000
42,522,000
37,611,000
33,932,000
33,728,000
38,241,000
37,283,000
39,392,000
40,792,000
41,140,000
44,947,000
44,947,00041,140,00040,792,00039,392,00037,283,00038,241,00033,728,00033,932,00037,611,00042,522,00041,497,00040,489,00040,007,00036,676,00040,208,76341,305,85840,044,22743,544,10140,678,84138,360,35536,097,55736,079,00533,562,74632,636,27631,306,61034,475,25233,571,68432,904,46033,193,18931,398,09133,415,70133,994,57635,733,63838,232,95637,356,24735,270,85732,704,53834,116,19232,411,18831,094,80729,882,54533,824,35831,315,52530,310,01131,635,45131,626,67228,400,96825,605,24322,793,66025,691,28425,048,03625,011,44823,498,92223,572,75424,457,07526,308,94130,067,65630,731,24227,930,72026,895,23825,264,82425,045,49023,817,41722,128,66521,867,42521,393,77420,180,78121,172,64220,375,45122,265,17920,893,46619,546,84119,046,73819,603,28219,513,13118,358,07018,230,67018,059,12017,348,37616,496,94216,712,81915,445,65215,275,98516,158,91416,061,61917,375,18512,967,98712,438,96113,148,000
   Common Stock
0
0
1,459,726
0
0
0
1,329,364
3,842,454
4,344,525
4,354,663
1,530,810
4,804,720
5,070,082
1,668,280
1,795,073
1,741,776
1,713,585
1,733,413
1,872,982
1,778,050
1,623,552
1,603,714
1,559,355
1,579,284
1,647,213
1,629,011
1,688,160
1,694,486
1,698,112
1,764,578
1,787,699
1,901,342
1,878,736
1,655,926
1,636,874
1,567,451
1,657,164
1,729,266
1,685,443
1,590,658
1,445,422
1,599,478
1,560,434
1,667,921
1,707,905
1,581,602
1,525,625
1,568,078
1,489,757
1,511,866
1,550,674
1,507,162
1,529,976
1,591,716
1,620,410
1,623,586
1,609,944
1,485,053
1,423,078
1,263,142
1,311,710
1,312,651
1,277,018
1,339,464
1,297,364
1,321,589
1,240,915
1,258,085
1,341,934
1,389,209
1,413,787
1,446,672
1,368,715
1,361,426
1,348,933
1,176,000
1,176,000
1,176,000
1,176,000
1,176,000
1,176,000
1,176,000
1,176,000
1,176,000
1,176,000
1,176,000
1,176,000
1,176,000
1,176,000
1,176,0001,176,0001,176,0001,176,0001,176,0001,176,0001,176,0001,176,0001,176,0001,176,0001,176,0001,176,0001,176,0001,176,0001,348,9331,361,4261,368,7151,446,6721,413,7871,389,2091,341,9341,258,0851,240,9151,321,5891,297,3641,339,4641,277,0181,312,6511,311,7101,263,1421,423,0781,485,0531,609,9441,623,5861,620,4101,591,7161,529,9761,507,1621,550,6741,511,8661,489,7571,568,0781,525,6251,581,6021,707,9051,667,9211,560,4341,599,4781,445,4221,590,6581,685,4431,729,2661,657,1641,567,4511,636,8741,655,9261,878,7361,901,3421,787,6991,764,5781,698,1121,694,4861,688,1601,629,0111,647,2131,579,2841,559,3551,603,7141,623,5521,778,0501,872,9821,733,4131,713,5851,741,7761,795,0731,668,2805,070,0824,804,7201,530,8104,354,6634,344,5253,842,4541,329,3640001,459,72600
   Retained Earnings 
9,091,000
8,669,981
8,930,623
13,580,574
12,327,128
12,148,075
11,352,959
11,603,198
12,368,294
12,142,279
12,727,217
13,254,400
13,160,588
13,222,750
13,961,129
14,184,969
13,678,235
14,068,461
14,929,571
16,548,444
15,042,652
15,857,476
14,950,169
16,029,550
16,220,385
16,522,279
17,984,079
19,128,832
19,283,576
20,609,018
21,509,343
23,743,851
23,121,214
20,080,914
18,309,053
17,715,370
17,299,278
18,540,599
18,734,790
19,733,081
17,379,474
19,614,002
22,573,224
25,397,498
25,256,949
24,403,211
25,634,648
27,985,400
24,335,228
25,465,165
26,656,817
28,523,289
27,026,974
29,364,183
31,374,783
32,239,771
29,790,809
28,512,761
28,189,279
26,759,053
28,375,777
28,083,592
28,883,854
29,558,189
26,544,095
27,784,831
29,019,055
31,472,446
31,183,980
33,273,677
35,517,797
44,918,194
40,917,132
42,078,027
42,095,664
38,116,000
41,497,000
42,407,000
42,056,000
42,940,000
39,029,000
36,909,000
37,911,000
39,628,000
38,174,000
39,453,000
40,365,000
40,767,000
39,529,000
39,529,00040,767,00040,365,00039,453,00038,174,00039,628,00037,911,00036,909,00039,029,00042,940,00042,056,00042,407,00041,497,00038,116,00042,095,66442,078,02740,917,13244,918,19435,517,79733,273,67731,183,98031,472,44629,019,05527,784,83126,544,09529,558,18928,883,85428,083,59228,375,77726,759,05328,189,27928,512,76129,790,80932,239,77131,374,78329,364,18327,026,97428,523,28926,656,81725,465,16524,335,22827,985,40025,634,64824,403,21125,256,94925,397,49822,573,22419,614,00217,379,47419,733,08118,734,79018,540,59917,299,27817,715,37018,309,05320,080,91423,121,21423,743,85121,509,34320,609,01819,283,57619,128,83217,984,07916,522,27916,220,38516,029,55014,950,16915,857,47615,042,65216,548,44414,929,57114,068,46113,678,23514,184,96913,961,12913,222,75013,160,58813,254,40012,727,21712,142,27912,368,29411,603,19811,352,95912,148,07512,327,12813,580,5748,930,6238,669,9819,091,000
   Capital Surplus 00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock000000000000000000000000000000000000000000000000000-8,778-8,412-7,95700000000000000000000000000000000000
   Other Stockholders 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
-4,234,000
-4,073,000
-4,651,000
-5,148,000
-5,282,000
-6,655,185
-5,869,413
-5,742,070
-3,235,834
-2,616,000
-2,666,000
-3,094,000
-1,735,000
-1,594,000
-2,594,000
-4,153,000
-5,359,000
-2,563,000
-2,067,000
-1,237,000
-749,000
-803,000
4,242,000
4,242,000-803,000-749,000-1,237,000-2,067,000-2,563,000-5,359,000-4,153,000-2,594,000-1,594,000-1,735,000-3,094,000-2,666,000-2,616,000-3,235,834-5,742,070-5,869,413-6,655,185-5,282,000-5,148,000-4,651,000-4,073,000-4,234,000000000000000000000000000000000000000000000000000000000000000000000



Balance Sheet

Currency in EUR. All numbers in thousands.