Bancolombia SA ADR
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Penke I guess you are interested in Bancolombia SA ADR. 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 Bancolombia SA 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.

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

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Quick analysis of Bancolombia SA ADR (30 sec.)

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

How much money do you get?

$1.03

When do you have the money?

1 year

How often do you get paid?

67.5%

What is your share worth?

Current worth

$12.18

Expected worth in 1 year

$-25.54

How sure are you?

77.5%

+ What do you gain per year?

Total Gains per Share

$-36.69

Return On Investment

-114.4%

For what price can you sell your share?

Current Price per Share

$32.07

Expected price per share

$29.51 - $37.15

How sure are you?

50%

1. Valuation of Bancolombia SA ADR (5 min.)

Live pricePrice per Share (EOD)

$32.07

Book Value per Share

$12.18

2. Growth of Bancolombia SA ADR (5 min.)

Is Bancolombia SA ADR growing?

	Current year	Previous year	Grow	Grow %
How rich?	$11.7b	$10.9b	$60.3b	84.6%

How much money is Bancolombia SA ADR making?

	Current year	Previous year	Grow	Grow %
Making money	$458.7m	$487.2m	-$28.4m	-6.2%
Net Profit Margin	19.5%	27.7%	-	-

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

Quarterly Yearly

3. Financial Health of Bancolombia SA ADR (5 min.)

4. Comparing to competitors in the Banks - Regional industry (5 min.)

Industry Rankings (Banks - Regional)

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

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

What can you expect buying and holding a share of Bancolombia SA ADR?

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

Speculation

The Price per Share of Bancolombia SA ADR is $32.07. 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 Bancolombia SA ADR.
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 Bancolombia SA ADR, 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 $12.18. Based on the TTM, the Book Value Change Per Share is $-9.43 per quarter. Based on the YOY, the Book Value Change Per Share is $1.89 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 $0.26 per quarter.

Based on historical numbers we can estimate the returns while holding a share of Bancolombia SA ADR.

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	0.45	1.4%	0.48	1.5%	2.12	6.6%	0.99	3.1%	0.58	1.8%
Usd Book Value Change Per Share	-82.24	-256.5%	-9.43	-29.4%	1.89	5.9%	-1.05	-3.3%	-0.09	-0.3%
Usd Dividend Per Share	0.26	0.8%	0.26	0.8%	0.75	2.3%	0.38	1.2%	0.22	0.7%
Usd Total Gains Per Share	-81.98	-255.6%	-9.17	-28.6%	2.65	8.3%	-0.68	-2.1%	0.13	0.4%
Usd Price Per Share	30.77	-	27.32	-	31.60	-	34.30	-	38.26	-
Price to Earnings Ratio	17.03	-	14.44	-	3.72	-	4.50	-	17,816.61	-
Price-to-Total Gains Ratio	-0.38	-	3.66	-	143.24	-	37.34	-	53.56	-
Price to Book Ratio	2.53	-	0.84	-	0.70	-	0.93	-	1.33	-
Price-to-Total Gains Ratio	-0.38	-	3.66	-	143.24	-	37.34	-	53.56	-

When do you get the money?

Usd Investment	$.00
Usd Price Per Share	32.07
Number of shares	31

Gains per Quarter	Trailing 12 Months	5 Year
Usd Dividend Per Share	0.26	0.38
Usd Book Value Change Per Share	-9.43	-1.05
Usd Total Gains Per Share	-9.17	-0.68
Gains per Quarter (31 shares)	-284.37	-21.01
Gains per Year (31 shares)	-1,137.49	-84.03

Years	Return on Investment (TTM)			Return on Investment (5Y)
	Dividend	Book Value gain	Total gains	Dividend	Book Value gain	Total gains
Broker costs	-	-	-10	-	-	-10
1	32	-1169	-1147	47	-131	-94
2	64	-2339	-2284	93	-261	-178
3	96	-3508	-3421	140	-392	-262
4	128	-4678	-4558	187	-523	-346
5	159	-5847	-5695	233	-653	-430
6	191	-7016	-6832	280	-784	-514
7	223	-8186	-7969	326	-915	-598
8	255	-9355	-9106	373	-1045	-682
9	287	-10524	-10243	420	-1176	-766
10	319	-11694	-11380	466	-1307	-850

How sure are you?

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

Linear %

	Trailing 12 Months				3Y				5 Year				10 Year				ALLTIME
				%				%				%				%				%
Earnings Per Share	4.0	0.0	0.0	100.0%	12.0	0.0	0.0	100.0%	18.0	2.0	0.0	90.0%	38.0	2.0	0.0	95.0%	90.0	2.0	0.0	97.8%
Book Value Change Per Share	2.0	2.0	0.0	50.0%	8.0	2.0	2.0	66.7%	11.0	5.0	4.0	55.0%	25.0	6.0	9.0	62.5%	63.0	12.0	17.0	68.5%
Dividend per Share	4.0	0.0	0.0	100.0%	12.0	0.0	0.0	100.0%	19.0	0.0	1.0	95.0%	27.0	0.0	13.0	67.5%	37.0	0.0	55.0	40.2%
Total Gains per Share	2.0	2.0	0.0	50.0%	10.0	2.0	0.0	83.3%	16.0	4.0	0.0	80.0%	31.0	5.0	4.0	77.5%	69.0	11.0	12.0	75.0%

Fundamentals of Bancolombia SA ADR

About Bancolombia SA ADR

https://www.grupobancolombia.com
Banks - Regional
34756
Carrera 48 # 26-85, Medellín, Colombia
Google Maps Bing Maps

Bancolombia S.A., together with its subsidiaries, provides banking products and services in Colombia and internationally. The company operates through nine segments: Banking Colombia, Banking Panama, Banking El Salvador, Banking Guatemala, Trust, Investment Banking, Brokerage, International Banking, and All Other. It offers checking and savings accounts, money market accounts, time deposits, fixed term deposits, and investment products; trade financing, loans funded by domestic development banks, working capital loans, credit cards, personal and vehicle loans, payroll loans, and overdrafts; factoring; and financial and operating leasing services. The company provides hedging instruments, including futures, forwards, options, and swaps; and brokerage, investment advisory, and private banking services comprising selling and distributing equities, futures, foreign currencies, fixed income securities, mutual funds, and structured products. In addition, it offers cash management services; foreign currency and trade finance solutions; letters of credit and bills collection; insurance and bancassurance products; telephone and mobile phone banking services; and online and computer banking services. Further, the company provides project and acquisition finance, loan syndication, corporate loans, debt and equity capital markets, principal investments, mergers and acquisition, hedging strategy advisories, restructurings, and structured financing; mutual and pension funds, private equity funds, payment and corporate trust, and custody; internet-based trading platform; inter-bank lending and repurchase agreements; managing escrow accounts, and investment and real estate funds; credit cards; roadside and medical assistance services; and transportation, maintenance and remodeling, and outsourcing services, as well as provides technology services. Bancolombia S.A. was founded in 1875 and is headquartered in Medellín, Colombia.

Fundamental data was last updated by Penke on 2024-04-13 09:23:03.

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.

Liquidity Details

	Compared to previous year	Compared to industry
The company is very able to pay all its short-term debts.
The company is unable to pay all its short-term debts with the most liquid assets.

Solvency Details

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

Valuation

Valuation Details

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

1.1. Profitability of Bancolombia SA ADR.

1.1. Profitability

1.1.1. Net Profit Margin

Measures how much net profit Bancolombia SA ADR earns for each $1 of revenue.

Above 10% is considered healthy but always compare Bancolombia SA ADR to the Banks - Regional industry mean.
A Net Profit Margin of 12.3% means that $0.12 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Bancolombia SA ADR:

The MRQ is 12.3%. The company is making a huge profit. +2
The TTM is 19.5%. The company is making a huge profit. +2

Trends

Current period		Compared to		+/-
MRQ	12.3%	TTM	19.5%	-7.3%
TTM	19.5%	YOY	27.7%	-8.2%
TTM	19.5%	5Y	17.8%	+1.8%
5Y	17.8%	10Y	19.8%	-2.0%

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
MRQ	12.3%	18.4%	-6.1%
TTM	19.5%	28.0%	-8.5%
YOY	27.7%	25.2%	+2.5%
5Y	17.8%	22.8%	-5.0%
10Y	19.8%	19.8%	0.0%

Measures how much net profit Bancolombia SA ADR earns for each $1 of revenue.

Revenue is the amount of profit Bancolombia SA ADR 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 Bancolombia SA ADR 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 Bancolombia SA ADR to the Banks - Regional industry mean.
Can be used to compare companies within the Banks - Regional industry.

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

Why do investors use net profit margin in their analysis

It helps investors to determine the efficiency of Bancolombia SA ADR. If profit margins remain low (compared to the Banks - Regional 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 Bancolombia SA ADR is 0.12. This means that Bancolombia SA ADR earned $0.12 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 Banks - Regional industry is 18.4%.
What is the trend?
The trend is important because it shows you how Bancolombia SA ADR is performing over time. The most recent quarter might be important if Bancolombia SA ADR 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 Bancolombia SA ADR 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 Bancolombia SA ADR with other companies in the same industry (Banks - Regional).
Net profit margin should rise over the years.
Can be influenced when Bancolombia SA ADR sells assets (profit will increase while costs remain the same).
It won’t show what part of Bancolombia SA ADR 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 Bancolombia SA ADR

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 Bancolombia SA ADR = 1,447,909,000
Total revenue MRQ Bancolombia SA ADR = 11,817,542,000
$1,447,909,000 / $11,817,542,000 = 0.12 or 12.3%

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 Bancolombia SA ADR is using its assets to generate profit.

Above 5% is considered healthy but always compare Bancolombia SA ADR to the Banks - Regional industry mean.
0.4% Return on Assets means that Bancolombia SA ADR generated $0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Bancolombia SA ADR:

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

Trends

Current period		Compared to		+/-
MRQ	0.4%	TTM	0.4%	0.0%
TTM	0.4%	YOY	0.5%	-0.1%
TTM	0.4%	5Y	0.3%	+0.1%
5Y	0.3%	10Y	0.4%	0.0%

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
MRQ	0.4%	0.1%	+0.3%
TTM	0.4%	0.2%	+0.2%
YOY	0.5%	0.2%	+0.3%
5Y	0.3%	0.2%	+0.1%
10Y	0.4%	0.2%	+0.2%

Shows how efficient Bancolombia SA ADR 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 Bancolombia SA ADR to the Banks - Regional 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 Bancolombia SA ADR is using its resources to generate profit. If the return on assets (0.4%) from Bancolombia SA ADR are higher than the Banks - Regional mean (0.1%) that means Bancolombia SA ADR 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 Bancolombia SA ADR is 0.4%. This means the company generated $0.00 for each $1 in assets.
How does it compare to the industry?
The mean MRQ Return on Assets of the Banks - Regional industry is 0.1%.
What is the trend?
The trend is important because it shows you how Bancolombia SA ADR is performing over time. The most recent quarter might be important if Bancolombia SA ADR 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 Bancolombia SA ADR 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 Bancolombia SA ADR

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

Income statement
Balance sheet

Net income MRQ (income statement) from Bancolombia SA ADR = 1,447,909,000
Total assets MRQ (balance sheet) from Bancolombia SA ADR = 342,928,809,000
1,447,909,000 / 342,928,809,000 = 0.00 or 0.4%

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

Above 15%-20% is considered healthy but always compare Bancolombia SA ADR to the Banks - Regional industry mean.
3.8% Return on Equity means Bancolombia SA ADR generated $0.04 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Bancolombia SA ADR:

The MRQ is 3.8%. Using its investors money, the company is inefficient in making profit. -1
The TTM is 4.1%. Using its investors money, the company is inefficient in making profit. -1

Trends

Current period		Compared to		+/-
MRQ	3.8%	TTM	4.1%	-0.3%
TTM	4.1%	YOY	4.6%	-0.5%
TTM	4.1%	5Y	3.0%	+1.1%
5Y	3.0%	10Y	3.2%	-0.2%

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
MRQ	3.8%	1.4%	+2.4%
TTM	4.1%	2.5%	+1.6%
YOY	4.6%	2.7%	+1.9%
5Y	3.0%	2.5%	+0.5%
10Y	3.2%	2.8%	+0.4%

Shows how efficient Bancolombia SA ADR 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 Bancolombia SA ADR to the Banks - Regional 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 Banks - Regional 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 Bancolombia SA ADR is 3.8%. This means Bancolombia SA ADR generated $0.04 for each $1 the owners (shareholders) invested.
How does it compare to the industry?
The mean MRQ Return on Equity of the Banks - Regional industry is 1.4%.
What is the trend?
The trend is important because it shows you how Bancolombia SA ADR is performing over time. The most recent quarter might be important if Bancolombia SA ADR 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 Bancolombia SA ADR up to 10 years back (depending if Bancolombia SA ADR 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 Bancolombia SA ADR

You need the following data to determine ROE:

Income statement
Balance sheet
Net profit MRQ (income statement) Bancolombia SA ADR = 1,447,909,000
Shareholders equity (balance sheet) MRQ Bancolombia SA ADR = 38,089,512,000
1,447,909,000 / 38,089,512,000 = 0.04 or 3.8%

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 Bancolombia SA ADR.

1.2. Operating Efficiency

1.2.1. Operating Margin

Measures how efficient Bancolombia SA ADR is operating .

Measures how much profit Bancolombia SA ADR 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 Bancolombia SA ADR to the Banks - Regional industry mean.
An Operating Margin of -0.6% means the company generated $-0.01 for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Bancolombia SA ADR:

The MRQ is -0.6%. The company is operating very inefficient. -2
The TTM is 33.0%. The company is operating very efficient. +2

Trends

Current period		Compared to		+/-
MRQ	-0.6%	TTM	33.0%	-33.6%
TTM	33.0%	YOY	74.6%	-41.6%
TTM	33.0%	5Y	42.8%	-9.8%
5Y	42.8%	10Y	54.7%	-11.8%

Measures how efficient Bancolombia SA ADR 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 Bancolombia SA ADR to the Banks - Regional 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 Bancolombia SA ADR 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 Bancolombia SA ADR is -0.6%. This means that Bancolombia SA ADR earned $-0.01 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Margin of the Banks - Regional industry is .
What is the trend?
The trend is important because it shows you how Bancolombia SA ADR is performing over time. The most recent quarter might be important if Bancolombia SA ADR 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 Bancolombia SA ADR 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 Bancolombia SA ADR

You need the following data to determine operating margin:

Income statement
Operating earnings MRQ Bancolombia SA ADR = -69,130,000
Total revenue MRQ Bancolombia SA ADR = 11,817,542,000
$-69,130,000 / $11,817,542,000 = -0.01 or -0.6%

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 Bancolombia SA ADR is keeping operating costs low.

Below 1 is considered healthy (always compare to Banks - Regional industry mean).
An Operation Ratio of 0.19 means that the operating costs are $0.19 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Bancolombia SA ADR:

The MRQ is 0.195. The company is very efficient in keeping operating costs low. +2
The TTM is -0.185.

Trends

Current period		Compared to		+/-
MRQ	0.195	TTM	-0.185	+0.379
TTM	-0.185	YOY	-0.031	-0.153
TTM	-0.185	5Y	-0.315	+0.130
5Y	-0.315	10Y	-0.163	-0.151

Measures how efficient Bancolombia SA ADR 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 Bancolombia SA ADR to the Banks - Regional 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 Bancolombia SA ADR is 19.5%. This means that Bancolombia SA ADR earned $0.19 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 Banks - Regional industry is .
What is the trend?
The trend is important because it shows you how Bancolombia SA ADR is performing over time. The most recent quarter might be important if Bancolombia SA ADR 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 Bancolombia SA ADR 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 Bancolombia SA ADR

You need the following data to determine operating ratio:

Income statement

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

(cost of revenue + total operating expenses) \ total revenue
( +2,302,859,000) \ 11,817,542,000 = 0.19

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 Bancolombia SA ADR.

1.3. Liquidity

1.3.1. Current Ratio

Measures if Bancolombia SA ADR is able to pay off Short-term Debt.

Above 1.5 is considered healthy (always compare to Banks - Regional industry mean).
A Current Ratio of 67.45 means the company has $67.45 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Bancolombia SA ADR:

The MRQ is 67.451. The company is very able to pay all its short-term debts. +2
The TTM is 16.985. The company is very able to pay all its short-term debts. +2

Trends

Current period		Compared to		+/-
MRQ	67.451	TTM	16.985	+50.466
TTM	16.985	YOY	877,296,165,417.770	-877,296,165,400.785
TTM	16.985	5Y	175,459,233,089.305	-175,459,233,072.319
5Y	175,459,233,089.305	10Y	87,729,616,547.349	+87,729,616,541.955

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
TTM	16.985	0.124	+16.861
YOY	877,296,165,417.770	0.225	+877,296,165,417.545
5Y	175,459,233,089.305	0.219	+175,459,233,089.086
10Y	87,729,616,547.349	0.131	+87,729,616,547.218

Measures if Bancolombia SA ADR 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 Banks - Regional 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 Bancolombia SA ADR 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 Bancolombia SA ADR is 67.45. This means Bancolombia SA ADR has $67.45 in assets for each $1 in short-term debts.
How does it compare to the industry?
The mean MRQ Current Ratio of the Banks - Regional industry is .
What is the trend?
The trend is important because it shows you how Bancolombia SA ADR is performing over time. The most recent quarter might be important if Bancolombia SA ADR 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 Bancolombia SA ADR 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 Bancolombia SA ADR

You need the following data to determine operating ratio:

Balance sheet
Current ratio = current assets \ current liabilities
42,806,834,000 \ 634,634,000) = 67.45

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

Above 1 is considered healthy but always compare Bancolombia SA ADR to the Banks - Regional industry mean.
A Quick Ratio of -93.69 means the company can pay off $-93.69 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Bancolombia SA ADR:

The MRQ is -93.691. The company is unable to pay all its short-term debts with the most liquid assets. -2
The TTM is -23.300. The company is unable to pay all its short-term debts with the most liquid assets. -2

Trends

Current period		Compared to		+/-
MRQ	-93.691	TTM	-23.300	-70.391
TTM	-23.300	YOY	877,296,165,416.338	-877,296,165,439.638
TTM	-23.300	5Y	175,459,233,080.879	-175,459,233,104.179
5Y	175,459,233,080.879	10Y	87,729,616,543.218	+87,729,616,537.661

Measures if Bancolombia SA ADR 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 Bancolombia SA ADR to the Banks - Regional 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 Bancolombia SA ADR can pay off its short term debts. This shows if Bancolombia SA ADR 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 Bancolombia SA ADR is -93.69. This means that Bancolombia SA ADR can pay off $-93.69 for each $1 in debt (using most liquid assets).
How does it compare to the industry?
The mean MRQ Quick Ratio of the Banks - Regional industry is .
What is the trend?
The trend is important because it shows you how Bancolombia SA ADR is performing over time. The most recent quarter might be important if Bancolombia SA ADR 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 Bancolombia SA ADR 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 Bancolombia SA ADR

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 Bancolombia SA ADR: (-27,974,984,000 + -59,933,667,000 +28,449,029,000) / 634,634,000 = -93.69

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 Bancolombia SA ADR.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Measures how much % of Bancolombia SA ADR assets are financed with debt.

Below 1 (100%) is considered healthy but always compare Bancolombia SA ADR to Banks - Regional industry mean.
A Debt to Asset Ratio of 0.89 means that Bancolombia SA ADR assets are financed with 88.6% credit (debt) and the remaining percentage (100% - 88.6%) is financed by its owners/shareholders.

Let's take a look of the Debt to Asset Ratio trends of Bancolombia SA ADR:

The MRQ is 0.886. The company is just able to pay all its debts by selling its assets.
The TTM is 0.305. The company is very able to pay all its debts by selling its assets. +2

Trends

Current period		Compared to		+/-
MRQ	0.886	TTM	0.305	+0.581
TTM	0.305	YOY	0.887	-0.581
TTM	0.305	5Y	0.769	-0.464
5Y	0.769	10Y	0.827	-0.059

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
MRQ	0.886	0.915	-0.029
TTM	0.305	0.917	-0.612
YOY	0.887	0.919	-0.032
5Y	0.769	0.919	-0.150
10Y	0.827	0.927	-0.100

Measures how much % of Bancolombia SA ADR assets are financed with debt.

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

How to use debt to asset ratio

Lower is better.
below 1 (100%) is considered healthy but always compare Bancolombia SA ADR to Banks - Regional 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 Bancolombia SA ADR is 0.89. This means means that Bancolombia SA ADR is financed with 88.6% 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 Banks - Regional industry is .
What is the trend?
The trend is important because it shows you how Bancolombia SA ADR is performing over time. The most recent quarter might be important if Bancolombia SA ADR 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 Bancolombia SA ADR 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 Bancolombia SA ADR has so much debt.

How to calculate debt to asset ratio

Debt to asset ratio = total debt \ total assets

Real life example Bancolombia SA ADR

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

Balance sheet
Debt to asset ratio = total debt \ total assets
303,879,080,000 \ 342,928,809,000 = 88.6% or 0.89.

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 Bancolombia SA ADR is able to pay off its debts by using shareholders equity.

Below 2 is considered healthy but always compare Bancolombia SA ADR to the Banks - Regional industry mean.
A Debt to Equity ratio of 797.8% means that company has $7.98 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Bancolombia SA ADR:

The MRQ is 7.978. The company is unable to pay all its debts with equity. -1
The TTM is 2.769. The company is unable to pay all its debts with equity. -1

Trends

Current period		Compared to		+/-
MRQ	7.978	TTM	2.769	+5.209
TTM	2.769	YOY	8.118	-5.349
TTM	2.769	5Y	7.049	-4.280
5Y	7.049	10Y	7.595	-0.547

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
MRQ	7.978	10.829	-2.851
TTM	2.769	11.013	-8.244
YOY	8.118	11.363	-3.245
5Y	7.049	11.437	-4.388
10Y	7.595	13.038	-5.443

Measures if Bancolombia SA ADR 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 Bancolombia SA ADR 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 Bancolombia SA ADR is 7.98. This means that Bancolombia SA ADR can pay off $7.98 for each $1 in debt.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Banks - Regional industry is 10.83.
What is the trend?
The trend is important because it shows you how Bancolombia SA ADR is performing over time. The most recent quarter might be important if Bancolombia SA ADR 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 Bancolombia SA ADR 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 Bancolombia SA ADR

You need the following data to determine equity ratio:

Balance sheet
Debt to equity ratio = total debt \ shareholders equity
303,879,080,000 \ 38,089,512,000 = 7.98 or 797.8%

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 Bancolombia SA ADR

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 Bancolombia SA ADR generates.

Above 15 is considered overpriced but always compare Bancolombia SA ADR to the Banks - Regional industry mean.
A PE ratio of 17.03 means the investor is paying $17.03 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Bancolombia SA ADR:

The EOD is 17.753. Based on the earnings, the company is fair priced.
The MRQ is 17.033. Based on the earnings, the company is fair priced.
The TTM is 14.436. Based on the earnings, the company is underpriced. +1

Trends

Current period		Compared to		+/-
EOD	17.753	MRQ	17.033	+0.720
MRQ	17.033	TTM	14.436	+2.598
TTM	14.436	YOY	3.721	+10.714
TTM	14.436	5Y	4.504	+9.932
5Y	4.504	10Y	17,816.610	-17,812.106

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
EOD	17.753	7.498	+10.255
MRQ	17.033	6.680	+10.353
TTM	14.436	5.295	+9.141
YOY	3.721	6.943	-3.222
5Y	4.504	9.770	-5.266
10Y	17,816.610	9.943	+17,806.667

Measures how much money you pay for each share for every $1 in earnings Bancolombia SA ADR 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 Bancolombia SA ADR to the Banks - Regional 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 Bancolombia SA ADR is 17.03. This means the investor is paying $17.03 for every $1 in earnings.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Banks - Regional industry is 6.68.
What is the trend?
The trend is important because it shows you how Bancolombia SA ADR is performing over time. The most recent quarter might be important if Bancolombia SA ADR 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 Bancolombia SA ADR 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 Bancolombia SA ADR

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
\ 961,827 = EPS
PE ratio MRQ = 17.03

* 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 Bancolombia SA ADR:

The EOD is 4.556. Based on how much money comes from the company's main activities, the company is cheap. +2
The MRQ is 4.372. Based on how much money comes from the company's main activities, the company is cheap. +2
The TTM is -11.118. Based on how much money comes from the company's main activities, the company is expensive. -2

Trends

Current period		Compared to		+/-
EOD	4.556	MRQ	4.372	+0.185
MRQ	4.372	TTM	-11.118	+15.489
TTM	-11.118	YOY	1.342	-12.460
TTM	-11.118	5Y	-3.685	-7.433
5Y	-3.685	10Y	-1.842	-1.842

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
EOD	4.556	-2.096	+6.652
MRQ	4.372	-1.868	+6.240
TTM	-11.118	-0.342	-10.776
YOY	1.342	6.448	-5.106
5Y	-3.685	0.429	-4.114
10Y	-1.842	0.091	-1.933

2. Book Value per Share

2.3. Price to Book Ratio

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

At or below 1 is considered healthy (always compare to Banks - Regional industry mean).
A PB ratio of 2.53 means the investor is paying $2.53 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Bancolombia SA ADR:

The EOD is 2.633. Based on the equity, the company is underpriced. +1
The MRQ is 2.526. Based on the equity, the company is underpriced. +1
The TTM is 0.839. Based on the equity, the company is cheap. +2

Trends

Current period		Compared to		+/-
EOD	2.633	MRQ	2.526	+0.107
MRQ	2.526	TTM	0.839	+1.688
TTM	0.839	YOY	0.702	+0.137
TTM	0.839	5Y	0.933	-0.094
5Y	0.933	10Y	1.333	-0.401

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
EOD	2.633	0.433	+2.200
MRQ	2.526	0.386	+2.140
TTM	0.839	0.470	+0.369
YOY	0.702	0.642	+0.060
5Y	0.933	0.795	+0.138
10Y	1.333	1.025	+0.308

2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Bancolombia SA ADR.

3.1. Institutions holding Bancolombia SA ADR

Institutions are holding 24.595% of the shares of Bancolombia SA ADR.

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2023-12-31	Vanguard Group Inc	1.4573	0.0024	3504180	-477611	-11.9949
2023-12-31	BlackRock Inc	1.2875	0.0024	3095924	508040	19.6315
2023-12-31	Earnest Partners LLC	1.0453	0.3862	2513418	-1634	-0.065
2023-12-31	Allspring Global Investments Holdings, LLC	0.5029	0.0617	1209302	-19500	-1.5869
2023-12-31	Robeco Institutional Asset Management BV	0.469	0.0841	1127630	-83133	-6.8662
2023-12-31	Goldman Sachs Group Inc	0.3906	0.0026	939152	582628	163.419
2023-12-31	aeris Capital Holding GmbH	0.3404	7.1422	818496	56977	7.482
2023-12-31	Harding Loevner L.P.	0.3288	0.1365	790609	-63654	-7.4513
2023-12-31	Lazard Asset Management LLC	0.3012	0.0282	724262	25809	3.6952
2023-12-31	SEI Investments Co	0.2953	0.0351	710078	23917	3.4856
2023-12-31	Arrowstreet Capital Limited Partnership	0.273	0.0212	656335	298929	83.6385
2023-12-31	State Street Corporation	0.2475	0.0009	595135	6766	1.15
2023-12-31	Vontobel Asset Management Inc	0.2305	0.0984	554248	-345207	-38.3796
2023-12-31	Inca Investments, LLC	0.2155	7.0603	518072	93238	21.9469
2023-12-31	Morgan Stanley - Brokerage Accounts	0.1779	0.0012	427767	53045	14.1558
2023-12-31	Amundi	0.1674	0.0059	402481	-12385	-2.9853
2023-12-31	JPMorgan Chase & Co	0.1559	0.0011	374969	20390	5.7505
2023-12-31	Dimensional Fund Advisors, Inc.	0.1545	0.0033	371468	-69525	-15.7656
2023-12-31	Legal & General Group PLC	0.1542	0.0029	370800	19301	5.4911
2023-12-31	Millennium Management LLC	0.1518	0.0049	364981	151282	70.7921
Total		8.3465	15.0815	20069307	+767673	+3.8%

3.2. Funds holding Bancolombia SA ADR

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2024-02-29	Vanguard Emerging Mkts Stock Idx Inv	0.5583	0.0418	1342532	0	0
2023-12-31	E P International Unconstrained	0.4955	1.4241	1191405	1115714	1474.0379
2024-02-29	Vanguard Total Intl Stock Index Inv	0.3827	0.0072	920213	14280	1.5763
2024-02-29	Vanguard Instl Ttl Intl Stk Mkt Idx TrII	0.3351	0.0132	805783	0	0
2023-12-31	BGF Latin American A4 GBP	0.3153	2.6498	758093	0	0
2024-03-31	EARNEST Partners Intl Cl 1	0.1967	1.2611	472994	0	0
2024-03-28	iShares Latin America 40 ETF	0.1655	0.7899	397991	0	0
2023-12-31	Harding Loevner Instl Emerg Mkts I	0.1454	0.579	349597	-44657	-11.327
2023-12-31	BlackRock Frontiers Ord	0.1215	2.2418	292037	0	0
2024-01-31	Moneda Latin America Equities A USD Acc	0.1213	1.4065	291618	0	0
2024-03-31	Swedbank Robur Access Edge Em Mkt A	0.1125	0.4638	270600	-18700	-6.4639
2023-12-31	E P Emerging Markets Unconstrained	0.1093	2.4635	262931	133478	103.1092
2023-06-30	BSF Emerging Markets Eq Strats Z2 USD	0.0944	1.2545	227079	48478	27.1432
2024-02-29	Vanguard FTSE All-Wld ex-US ETF	0.0927	0.0133	222994	-1944	-0.8642
2023-12-31	Vontobel Quality Growth Emg Mkts Equity	0.0903	0.7748	217050	-5122	-2.3054
2023-12-31	Vontobel Emerging Markets Eq A USD	0.0903	0.7748	217050	0	0
2023-12-31	M&G Global Emerging Markets GBP I Acc	0.0899	0.8285	216081	6205	2.9565
2023-12-31	Harding Loevner Emerging Markets Advisor	0.0784	0.5762	188501	-14783	-7.2721
2024-02-29	Templeton Frontier Markets I(acc)USD	0.0744	2.2028	178900	0	0
2023-12-31	Barings Latin America A USD Inc	0.0649	1.9231	155940	48185	44.7172
Total		3.7344	21.6897	8979389	+1281134	+14.3%

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Bancolombia SA ADR 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	-	-	-82.244	-9.431	-89%	1.894	-4443%	-1.054	-99%	-0.085	-100%
Book Value Per Share	-	-	12.180	74.127	-84%	45.670	-73%	45.855	-73%	35.837	-66%
Current Ratio	-	-	67.451	16.985	+297%	877296165417.770	-100%	175459233089.305	-100%	87729616547.349	-100%
Debt To Asset Ratio	-	-	0.886	0.305	+190%	0.887	0%	0.769	+15%	0.827	+7%
Debt To Equity Ratio	-	-	7.978	2.769	+188%	8.118	-2%	7.049	+13%	7.595	+5%
Dividend Per Share	-	-	0.265	0.257	+3%	0.752	-65%	0.376	-30%	0.219	+21%
Eps	-	-	0.452	0.477	-5%	2.116	-79%	0.985	-54%	0.576	-22%
Free Cash Flow Per Share	-	-	1.760	0.861	+104%	2.696	-35%	1.235	+42%	1.235	+42%
Free Cash Flow To Equity Per Share	-	-	4.174	1.769	+136%	9.595	-56%	4.357	-4%	4.357	-4%
Gross Profit Margin	-	-	0.879	0.959	-8%	0.989	-11%	0.990	-11%	0.995	-12%
Market Cap	7711455733.440	-284%	29595416790.000	26272304505.000	+13%	7598440947.200	+289%	12188519179.304	+143%	11173284530.718	+165%
Net Profit Margin	-	-	0.123	0.195	-37%	0.277	-56%	0.178	-31%	0.198	-38%
Operating Margin	-	-	-0.006	0.330	-102%	0.746	-101%	0.428	-101%	0.547	-101%
Operating Ratio	-	-	0.195	-0.185	+195%	-0.031	+116%	-0.315	+261%	-0.163	+184%
Pb Ratio	2.633	+4%	2.526	0.839	+201%	0.702	+260%	0.933	+171%	1.333	+89%
Pe Ratio	17.753	+4%	17.033	14.436	+18%	3.721	+358%	4.504	+278%	17816.610	-100%
Price Per Share	32.070	+4%	30.770	27.315	+13%	31.600	-3%	34.300	-10%	38.262	-20%
Price To Free Cash Flow Ratio	4.556	+4%	4.372	-11.118	+354%	1.342	+226%	-3.685	+184%	-1.842	+142%
Price To Total Gains Ratio	-0.391	-4%	-0.375	3.665	-110%	143.239	-100%	37.339	-101%	53.559	-101%
Quick Ratio	-	-	-93.691	-23.300	-75%	877296165416.338	-100%	175459233080.879	-100%	87729616543.218	-100%
Return On Assets	-	-	0.004	0.004	-5%	0.005	-16%	0.003	+28%	0.004	+21%
Return On Equity	-	-	0.038	0.041	-7%	0.046	-18%	0.030	+27%	0.032	+19%
Total Gains Per Share	-	-	-81.979	-9.173	-89%	2.646	-3198%	-0.678	-99%	0.134	-61495%
Usd Book Value	-	-	11714918700.000	71297480775.000	-84%	10981560900.000	+7%	21720805065.000	-46%	13965411750.000	-16%
Usd Book Value Change Per Share	-	-	-82.244	-9.431	-89%	1.894	-4443%	-1.054	-99%	-0.085	-100%
Usd Book Value Per Share	-	-	12.180	74.127	-84%	45.670	-73%	45.855	-73%	35.837	-66%
Usd Dividend Per Share	-	-	0.265	0.257	+3%	0.752	-65%	0.376	-30%	0.219	+21%
Usd Eps	-	-	0.452	0.477	-5%	2.116	-79%	0.985	-54%	0.576	-22%
Usd Free Cash Flow	-	-	1692455700.000	828546525.000	+104%	324077925.000	+422%	228238830.000	+642%	114119415.000	+1383%
Usd Free Cash Flow Per Share	-	-	1.760	0.861	+104%	2.696	-35%	1.235	+42%	1.235	+42%
Usd Free Cash Flow To Equity Per Share	-	-	4.174	1.769	+136%	9.595	-56%	4.357	-4%	4.357	-4%
Usd Market Cap	7711455733.440	-284%	29595416790.000	26272304505.000	+13%	7598440947.200	+289%	12188519179.304	+143%	11173284530.718	+165%
Usd Price Per Share	32.070	+4%	30.770	27.315	+13%	31.600	-3%	34.300	-10%	38.262	-20%
Usd Profit	-	-	434372700.000	458770200.000	-5%	487228425.000	-11%	293803755.000	+48%	248450917.500	+75%
Usd Revenue	-	-	3545262600.000	2481988875.000	+43%	1780012275.000	+99%	1581486120.000	+124%	1256381475.000	+182%
Usd Total Gains Per Share	-	-	-81.979	-9.173	-89%	2.646	-3198%	-0.678	-99%	0.134	-61495%
	EOD	+1 -7	MRQ	TTM	+12 -24	YOY	+8 -28	5Y	+10 -26	10Y	+13 -23

4.2. Fundamental Score

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

Penke's Stock Scanner

Indicator	Condition		Value
Price to Earnings Ratio (EOD)	Between	0-15	17.753
Price to Book Ratio (EOD)	Between	0-1	2.633
Net Profit Margin (MRQ)	Greater than	0	0.123
Operating Margin (MRQ)	Greater than	0	-0.006
Quick Ratio (MRQ)	Greater than	1	-93.691
Current Ratio (MRQ)	Greater than	1	67.451
Debt to Asset Ratio (MRQ)	Less than	1	0.886
Debt to Equity Ratio (MRQ)	Less than	1	7.978
Return on Equity (MRQ)	Greater than	0.15	0.038
Return on Assets (MRQ)	Greater than	0.05	0.004
Total			3/10 (30.0%)

Create your own Stock Scanner

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

4.3. Technical Score

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

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	36.770
Ma 20	Greater than	Ma 50	34.401
Ma 50	Greater than	Ma 100	32.953
Ma 100	Greater than	Ma 200	31.272
Open	Greater than	Close	32.650
Total			4/5 (80.0%)

Create your own Symbol Scanner

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

Reversals in quarterly reports

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

	2022-12-31		2023-03-31		2023-06-30		2023-09-30		2023-12-31
Long-term Assets Other	-14,954,742	14,717,516	-237,225	35,782	-201,443	-9,415	-210,859	82,272,923	82,062,064
Cash and Short Term Investments	7,416,350	-276,329	7,140,022	-17,080	7,122,942	-847,264	6,275,678	-14,668,173	-8,392,495
EBIT	1,701,583	183,286	1,884,869	-1,397,186	487,682	12,579	500,261	-521,000	-20,739
Operating Income	1,701,583	183,286	1,884,869	-1,318,823	566,046	15,115	581,160	-601,899	-20,739

Latest Balance Sheet

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

Summary

Total Assets	342,928,809,000
Total Liabilities	303,879,080,000
Total Stockholder Equity	38,089,512,000

	As reported
Total Liabilities	303,879,080,000
Total Stockholder Equity	+ 38,089,512,000
Total Assets	= 342,928,809,000

Assets

Total Assets	342,928,809,000
Total Current Assets	42,806,834,000
Long-term Assets	300,121,975,000

Total Current Assets

Total Current Assets (as reported)	42,806,834,000
Cash And Cash Equivalents	31,958,683,000
Short-term Investments	-59,933,667,000
Net Receivables	28,449,029,000
Inventory	-474,045,000
Other Current Assets	42,806,834,000
Total Current Assets (calculated)	42,806,834,000
+/-	0

Long-term Assets

Long-term Assets (as reported)	300,121,975,000
Property Plant Equipment	8,156,579,000
Goodwill	7,818,125,000
Long Term Investments	29,562,451,000
Intangible Assets	671,572,000
Long-term Assets Other	273,540,214,000
Long-term Assets (calculated)	319,748,941,000
+/-	19,626,966,000

Liabilities & Shareholders' Equity

Total Current Liabilities	634,634,000
Long-term Liabilities	303,244,446,000
Total Stockholder Equity	38,089,512,000

Total Current Liabilities

Total Current Liabilities (as reported)	634,634,000
Short-term Debt	470,295,000
Accounts payable	6,459,875,000
Other Current Liabilities	164,339,000
Total Current Liabilities (calculated)	7,094,509,000
+/-	6,459,875,000

Long-term Liabilities

Long-term Liabilities (as reported)	303,244,446,000
Long term Debt	30,312,182,000
Capital Lease Obligations	1,773,610,000
Long-term Liabilities (calculated)	32,085,792,000
+/-	271,158,654,000

Total Stockholder Equity

Total Stockholder Equity (as reported)	38,089,512,000
Common Stock	480,914,000
Retained Earnings	8,632,214,000
Accumulated Other Comprehensive Income	24,118,930,000
Other Stockholders Equity	4,857,454,000
Total Stockholder Equity (calculated)	38,089,512,000
+/-	0

Other

Capital Stock	480,914,000
Cash and Short Term Investments	-27,974,984,000
Common Stock Shares Outstanding	961,827
Current Deferred Revenue	-6,459,875,000
Liabilities and Stockholders Equity	342,928,809,000
Net Debt	1,787,749,000
Net Invested Capital	68,401,694,000
Property Plant and Equipment Gross	11,646,938,000
Short Long Term Debt Total	33,746,432,000

Balance Sheet

Currency in COP. All numbers in thousands.

Trend

2023-12-31

2023-09-30

2023-06-30

2023-03-31

2022-12-31

2022-09-30

2022-06-30

2022-03-31

2021-12-31

2021-09-30

2021-06-30

2021-03-31

2020-12-31

2020-09-30

2020-06-30

2020-03-31

2019-12-31

2019-09-30

2019-06-30

2019-03-31

2018-12-31

2018-09-30

2018-06-30

2018-03-31

2017-12-31

2017-09-30

2017-06-30

2017-03-31

2016-12-31

2016-09-30

2016-06-30

2016-03-31

2015-12-31

2015-09-30

2015-06-30

2015-03-31

2014-12-31

2014-09-30

2014-06-30

2014-03-31

2013-12-31

2013-09-30

2013-06-30

2013-03-31

2012-12-31

2012-09-30

2012-06-30

2012-03-31

2011-12-31

2011-09-30

2011-06-30

2011-03-31

2010-12-31

2010-09-30

2010-06-30

2010-03-31

2009-12-31

2009-09-30

2009-06-30

2009-03-31

2008-12-31

2008-09-30

2008-06-30

2008-03-31

2007-12-31

2007-09-30

2007-06-30

2007-03-31

2006-12-31

2006-09-30

2006-06-30

2006-03-31

2005-12-31

2005-09-30

2005-06-30

2005-03-31

2004-12-31

2004-09-30

2004-06-30

2004-03-31

2003-12-31

2003-09-30

2003-06-30

2003-03-31

2002-12-31

2002-09-30

2002-06-30

2002-03-31

2001-12-31

2001-09-30

2001-06-30

2001-03-31

2000-12-31

2000-09-30

2000-06-30

2000-03-31

1999-12-31

1999-09-30

1999-06-30

1999-03-31

1998-12-31

1998-09-30

1998-06-30

1998-03-31

> Total Assets

0
0
8,298,410,179
8,279,650,242
7,700,458,727
7,787,762,246
8,058,116,248
7,831,891,402
7,614,481,400
7,567,741,920
7,796,460,175
8,601,789,727
8,743,648,953
8,829,885,078
9,578,088,574
10,273,348,528
10,496,598,657
10,771,634,598
11,838,526,913
12,598,853,855
12,893,491,117
13,797,183,106
13,951,008,644
14,711,862,387
15,092,362,138
15,826,061,232
15,894,997,176
17,146,680,333
17,146,680,333
18,726,609,173
28,832,211,900
30,814,019,453
30,814,019,453
32,711,150,944
31,585,086,942
32,937,911,081
32,937,911,081
36,953,020,101
31,720,960,000
52,151,649,000
46,808,133,325
52,151,649,000
36,066,477,000
61,783,079,000
61,783,079,000
63,267,304,000
31,503,847
61,864,365,000
61,864,365,000
62,489,496,000
64,669,769,000
68,095,156,000
68,095,156,000
75,156,912,000
64,669,769,000
85,463,020,000
85,463,020,000
87,215,073,000
93,194,190,000
97,916,380,000
97,916,380,000
109,153,236,000
113,668,336,000
130,816,241,000
130,816,241,000
129,178,739,000
135,508,070,000
148,724,861,000
148,724,861,000
158,263,328,000
174,875,373,000
192,972,867,000
192,972,867,000
188,399,317,000
191,146,240,000
196,261,044,000
196,261,044,000
203,704,367,000
204,092,876,000
203,908,211,000
203,908,211,000
204,553,346,000
206,655,328,000
220,113,618,000
220,113,618,000
230,945,182,000
236,855,226,000
236,088,113,000
236,088,113,000
267,514,280,000
265,614,205,000
255,568,505,000
255,568,505,000
265,484,002,000
269,751,221,000
289,855,048,000
289,855,048,000
313,431,803,000
335,654,576,000
352,814,733,000
349,322,944,000
338,596,669,000
338,183,915,000
342,928,809,000

342,928,809,000

338,183,915,000

338,596,669,000

349,322,944,000

352,814,733,000

335,654,576,000

313,431,803,000

289,855,048,000

269,751,221,000

265,484,002,000

255,568,505,000

265,614,205,000

267,514,280,000

236,088,113,000

236,855,226,000

230,945,182,000

220,113,618,000

206,655,328,000

204,553,346,000

203,908,211,000

204,092,876,000

203,704,367,000

196,261,044,000

191,146,240,000

188,399,317,000

192,972,867,000

174,875,373,000

158,263,328,000

148,724,861,000

135,508,070,000

129,178,739,000

130,816,241,000

113,668,336,000

109,153,236,000

97,916,380,000

93,194,190,000

87,215,073,000

85,463,020,000

64,669,769,000

75,156,912,000

68,095,156,000

64,669,769,000

62,489,496,000

61,864,365,000

31,503,847

63,267,304,000

61,783,079,000

36,066,477,000

52,151,649,000

46,808,133,325

52,151,649,000

31,720,960,000

36,953,020,101

32,937,911,081

31,585,086,942

32,711,150,944

30,814,019,453

28,832,211,900

18,726,609,173

17,146,680,333

15,894,997,176

15,826,061,232

15,092,362,138

14,711,862,387

13,951,008,644

13,797,183,106

12,893,491,117

12,598,853,855

11,838,526,913

10,771,634,598

10,496,598,657

10,273,348,528

9,578,088,574

8,829,885,078

8,743,648,953

8,601,789,727

7,796,460,175

7,567,741,920

7,614,481,400

7,831,891,402

8,058,116,248

7,787,762,246

7,700,458,727

8,279,650,242

8,298,410,179

> Total Current Assets

0
0
7,742,289,352
1,080,604,134
775,993,885
7,184,440,567
7,458,917,850
869,258,429
692,759,295
7,096,774,179
7,340,707,963
825,503,357
704,387,990
8,404,597,720
9,165,501,162
897,494,306
761,904,763
10,387,019,214
11,458,923,514
1,114,613,179
1,100,591,715
1,726,760,564
1,152,737,752
1,664,274,383
1,299,620,073
1,299,469,647
1,022,129,226
1,515,133,611
1,515,133,611
1,374,664,765
1,923,367,193
1,928,945,683
1,928,945,683
1,681,755,471
2,081,427,266
2,697,261,067
2,697,261,067
3,353,787,149
2,374,158,000
6,831,386,000
4,891,077,176
6,831,386,000
3,993,408,000
6,954,050,000
6,954,050,000
5,964,570,000
0
8,517,849,000
8,517,849,000
6,182,904,000
6,424,502,000
7,270,281,000
7,270,281,000
6,194,689,000
5,643,101,000
9,185,171,000
9,185,171,000
7,608,813,000
7,900,591,000
17,713,743,000
17,713,743,000
19,303,284,000
19,790,085,000
23,347,870,000
23,347,870,000
21,179,099,000
22,888,965,000
24,971,094,000
24,971,094,000
11,499,861,000
13,040,912,000
20,548,422,000
20,548,422,000
14,264,784,000
14,090,151,000
18,404,566,000
18,404,566,000
15,471,491,000
15,816,608,000
17,541,304,000
17,541,304,000
13,740,125,000
14,727,877,000
18,433,845,000
18,433,845,000
18,286,887,000
17,798,877,000
21,524,052,000
21,524,052,000
21,966,918,000
19,161,181,000
24,583,518,000
24,583,518,000
20,221,848,000
19,495,647,000
49,841,161,000
49,841,161,000
22,666,111,000
23,336,078,000
25,787,199,000
25,244,373,000
25,300,022,000
23,082,838,000
42,806,834,000

42,806,834,000

23,082,838,000

25,300,022,000

25,244,373,000

25,787,199,000

23,336,078,000

22,666,111,000

49,841,161,000

19,495,647,000

20,221,848,000

24,583,518,000

19,161,181,000

21,966,918,000

21,524,052,000

17,798,877,000

18,286,887,000

18,433,845,000

14,727,877,000

13,740,125,000

17,541,304,000

15,816,608,000

15,471,491,000

18,404,566,000

14,090,151,000

14,264,784,000

20,548,422,000

13,040,912,000

11,499,861,000

24,971,094,000

22,888,965,000

21,179,099,000

23,347,870,000

19,790,085,000

19,303,284,000

17,713,743,000

7,900,591,000

7,608,813,000

9,185,171,000

5,643,101,000

6,194,689,000

7,270,281,000

6,424,502,000

6,182,904,000

8,517,849,000

5,964,570,000

6,954,050,000

3,993,408,000

6,831,386,000

4,891,077,176

6,831,386,000

2,374,158,000

3,353,787,149

2,697,261,067

2,081,427,266

1,681,755,471

1,928,945,683

1,923,367,193

1,374,664,765

1,515,133,611

1,022,129,226

1,299,469,647

1,299,620,073

1,664,274,383

1,152,737,752

1,726,760,564

1,100,591,715

1,114,613,179

11,458,923,514

10,387,019,214

761,904,763

897,494,306

9,165,501,162

8,404,597,720

704,387,990

825,503,357

7,340,707,963

7,096,774,179

692,759,295

869,258,429

7,458,917,850

7,184,440,567

775,993,885

1,080,604,134

7,742,289,352

Cash And Cash Equivalents

0
0
852,623,212
752,146,264
466,207,952
389,510,490
623,246,494
664,601,125
516,634,050
509,677,418
455,752,212
720,357,943
565,819,861
549,425,289
648,018,648
712,984,055
607,709,752
586,538,461
674,220,963
851,002,864
970,414,201
1,523,943,663
884,726,225
1,403,053,323
1,071,662,520
1,043,273,396
748,208,739
1,225,596,446
1,225,596,446
1,044,373,062
1,449,958,146
1,730,612,361
1,730,612,361
1,097,672,732
1,854,986,278
1,916,149,243
1,916,149,243
2,513,902,203
1,701,333,000
5,228,387,000
3,872,328,951
5,228,387,000
3,156,764,000
5,619,575,000
5,619,575,000
4,725,276,000
0
7,372,359,000
7,372,359,000
5,193,714,000
5,417,489,000
6,155,034,000
6,155,034,000
5,068,394,000
4,636,088,000
7,728,997,000
7,728,997,000
5,998,131,000
6,225,344,000
7,144,015,000
7,144,015,000
8,630,601,000
8,439,492,000
11,427,441,000
11,427,441,000
8,437,163,000
10,000,245,000
11,192,825,000
11,192,825,000
10,771,960,000
12,131,755,000
14,295,163,000
14,295,163,000
13,431,742,000
13,087,952,000
16,216,907,000
16,216,907,000
14,771,666,000
14,945,466,000
15,523,123,000
15,523,123,000
13,056,537,000
13,860,509,000
15,833,017,000
15,833,017,000
17,230,789,000
16,538,443,000
18,256,065,000
18,256,065,000
20,720,021,000
17,943,053,000
20,185,074,000
20,185,074,000
18,409,879,000
17,416,403,000
23,147,676,000
23,147,676,000
21,408,529,000
21,616,439,000
24,721,168,000
23,800,072,000
23,743,139,000
20,918,925,000
31,958,683,000

31,958,683,000

20,918,925,000

23,743,139,000

23,800,072,000

24,721,168,000

21,616,439,000

21,408,529,000

23,147,676,000

17,416,403,000

18,409,879,000

20,185,074,000

17,943,053,000

20,720,021,000

18,256,065,000

16,538,443,000

17,230,789,000

15,833,017,000

13,860,509,000

13,056,537,000

15,523,123,000

14,945,466,000

14,771,666,000

16,216,907,000

13,087,952,000

13,431,742,000

14,295,163,000

12,131,755,000

10,771,960,000

11,192,825,000

10,000,245,000

8,437,163,000

11,427,441,000

8,439,492,000

8,630,601,000

7,144,015,000

6,225,344,000

5,998,131,000

7,728,997,000

4,636,088,000

5,068,394,000

6,155,034,000

5,417,489,000

5,193,714,000

7,372,359,000

4,725,276,000

5,619,575,000

3,156,764,000

5,228,387,000

3,872,328,951

5,228,387,000

1,701,333,000

2,513,902,203

1,916,149,243

1,854,986,278

1,097,672,732

1,730,612,361

1,449,958,146

1,044,373,062

1,225,596,446

748,208,739

1,043,273,396

1,071,662,520

1,403,053,323

884,726,225

1,523,943,663

970,414,201

851,002,864

674,220,963

586,538,461

607,709,752

712,984,055

648,018,648

549,425,289

565,819,861

720,357,943

455,752,212

509,677,418

516,634,050

664,601,125

623,246,494

389,510,490

466,207,952

752,146,264

852,623,212

Short-term Investments

0
0
0
0
0
0
0
0
0
0
0
131,000
0
0
0
74,000
0
0
0
71,000
0
0
0
211,358
0
0
0
204,167
0
0
0
213,708
0
0
0
212,562
0
0
0
787,499
0
0
0
793,012
0
0
0
1,177,196
0
0
0
432,019
0
0
0
471,737
0
0
0
152,481,000
152,481,000
0
0
141,203,000
141,203,000
0
0
154,077,000
154,077,000
0
0
1,385,587,000
1,385,587,000
1,839,198,000
914,849,000
1,606,506,000
1,606,506,000
2,134,230,000
810,128,000
1,761,460,000
1,761,460,000
0
1,693,536,000
1,965,973,000
1,965,973,000
618,371,000
401,167,000
2,465,913,000
2,465,913,000
0
0
3,193,915,000
3,193,915,000
0
0
850,688,000
850,688,000
0
0
0
0
0
0
-59,933,667,000

-59,933,667,000

850,688,000

3,193,915,000

2,465,913,000

401,167,000

618,371,000

1,965,973,000

1,693,536,000

1,761,460,000

810,128,000

2,134,230,000

1,606,506,000

914,849,000

1,839,198,000

1,385,587,000

154,077,000

141,203,000

152,481,000

471,737

432,019

1,177,196

793,012

787,499

212,562

213,708

204,167

211,358

71,000

74,000

131,000

Net Receivables

0
0
239,268,681
328,457,870
309,785,933
344,930,070
258,517,035
204,657,304
176,125,244
212,903,225
141,592,920
105,145,414
138,568,129
142,528,736
149,184,149
184,510,251
154,195,012
129,807,692
175,637,394
263,610,315
130,177,515
202,816,902
268,011,527
261,221,060
227,957,553
256,196,252
273,920,487
289,537,165
289,537,165
330,291,703
473,409,048
198,333,322
198,333,322
584,082,738
226,440,988
781,111,824
781,111,824
839,884,947
672,825,000
1,602,999,000
1,018,748,224
1,602,999,000
836,644,000
1,334,475,000
1,334,475,000
1,239,294,000
0
1,145,490,000
1,145,490,000
989,190,000
1,007,013,000
1,115,247,000
1,115,247,000
1,126,295,000
1,007,013,000
1,456,174,000
1,456,174,000
1,610,682,000
1,675,247,000
10,417,247,000
10,417,247,000
10,672,683,000
11,350,593,000
11,779,226,000
11,779,226,000
12,741,936,000
12,888,720,000
13,624,192,000
13,624,192,000
727,901,000
909,157,000
899,485,000
899,485,000
833,042,000
1,002,199,000
581,153,000
581,153,000
699,825,000
871,142,000
256,721,000
256,721,000
683,588,000
867,368,000
634,855,000
634,855,000
1,056,098,000
1,260,434,000
802,074,000
802,074,000
1,246,897,000
1,218,128,000
1,204,529,000
1,204,529,000
1,811,969,000
2,079,244,000
1,642,933,000
1,642,933,000
1,257,582,000
1,719,639,000
1,066,031,000
1,444,301,000
1,556,883,000
2,163,913,000
28,449,029,000

28,449,029,000

2,163,913,000

1,556,883,000

1,444,301,000

1,066,031,000

1,719,639,000

1,257,582,000

1,642,933,000

2,079,244,000

1,811,969,000

1,204,529,000

1,218,128,000

1,246,897,000

802,074,000

1,260,434,000

1,056,098,000

634,855,000

867,368,000

683,588,000

256,721,000

871,142,000

699,825,000

581,153,000

1,002,199,000

833,042,000

899,485,000

909,157,000

727,901,000

13,624,192,000

12,888,720,000

12,741,936,000

11,779,226,000

11,350,593,000

10,672,683,000

10,417,247,000

1,675,247,000

1,610,682,000

1,456,174,000

1,007,013,000

1,126,295,000

1,115,247,000

1,007,013,000

989,190,000

1,145,490,000

1,239,294,000

1,334,475,000

836,644,000

1,602,999,000

1,018,748,224

1,602,999,000

672,825,000

839,884,947

781,111,824

226,440,988

584,082,738

198,333,322

473,409,048

330,291,703

289,537,165

273,920,487

256,196,252

227,957,553

261,221,060

268,011,527

202,816,902

130,177,515

263,610,315

175,637,394

129,807,692

154,195,012

184,510,251

149,184,149

142,528,736

138,568,129

105,145,414

141,592,920

212,903,225

176,125,244

204,657,304

258,517,035

344,930,070

309,785,933

328,457,870

239,268,681

Other Current Assets

0
0
6,650,397,459
0
0
6,450,000,006
6,577,154,322
0
0
6,374,193,535
6,743,362,830
0
0
7,712,643,696
8,368,298,365
0
0
9,670,673,061
10,609,065,157
0
6,976,331,357
7,490,140,849
0
0
8,387,265,834
8,649,924,989
9,490,837,631
0
0
11,309,001,838
18,570,441,868
19,747,569,379
19,981,197,382
22,572,783,758
23,725,983,551
24,099,157,599
27,207,674,575
27,104,506,208
24,450,697,000
37,637,552,000
35,024,672,516
39,941,645,740
26,184,580,000
44,644,735,000
45,304,816,000
47,487,370,000
0
41,947,804,000
43,781,884,000
45,438,757,000
47,304,726,000
49,217,412,000
53,097,188,000
56,614,099,000
48,001,454,000
62,637,429,000
65,144,591,000
67,079,529,000
69,833,012,000
63,459,400,000
66,616,714,000
71,098,468,000
74,385,908,000
84,732,479,000
85,567,685,000
87,421,207,000
90,226,080,000
99,709,906,000
123,001,927,000
125,168,968,000
138,883,086,000
2,017,379,000
2,017,379,000
151,201,248,000
153,717,201,000
131,715,694,000
154,995,175,000
161,643,416,000
160,339,644,000
135,633,456,000
159,793,330,000
163,883,694,000
164,634,922,000
147,511,979,000
176,232,677,000
179,319,694,000
184,058,059,000
156,510,001,000
211,468,302,000
204,015,877,000
202,119,175,000
159,715,560,000
195,069,889,000
199,562,537,000
206,198,644,000
217,629,290,000
574,146,000
25,206,979,000
25,621,739,000
608,449,000
29,048,910,000
29,497,568,000
29,946,836,000
42,806,834,000

42,806,834,000

29,946,836,000

29,497,568,000

29,048,910,000

608,449,000

25,621,739,000

25,206,979,000

574,146,000

217,629,290,000

206,198,644,000

199,562,537,000

195,069,889,000

159,715,560,000

202,119,175,000

204,015,877,000

211,468,302,000

156,510,001,000

184,058,059,000

179,319,694,000

176,232,677,000

147,511,979,000

164,634,922,000

163,883,694,000

159,793,330,000

135,633,456,000

160,339,644,000

161,643,416,000

154,995,175,000

131,715,694,000

153,717,201,000

151,201,248,000

2,017,379,000

138,883,086,000

125,168,968,000

123,001,927,000

99,709,906,000

90,226,080,000

87,421,207,000

85,567,685,000

84,732,479,000

74,385,908,000

71,098,468,000

66,616,714,000

63,459,400,000

69,833,012,000

67,079,529,000

65,144,591,000

62,637,429,000

48,001,454,000

56,614,099,000

53,097,188,000

49,217,412,000

47,304,726,000

45,438,757,000

43,781,884,000

41,947,804,000

47,487,370,000

45,304,816,000

44,644,735,000

26,184,580,000

39,941,645,740

35,024,672,516

37,637,552,000

24,450,697,000

27,104,506,208

27,207,674,575

24,099,157,599

23,725,983,551

22,572,783,758

19,981,197,382

19,747,569,379

18,570,441,868

11,309,001,838

9,490,837,631

8,649,924,989

8,387,265,834

7,490,140,849

6,976,331,357

10,609,065,157

9,670,673,061

8,368,298,365

7,712,643,696

6,743,362,830

6,374,193,535

6,577,154,322

6,450,000,006

6,650,397,459

> Long-term Assets

0
0
556,120,827
2,048,966,615
2,019,571,868
603,321,679
599,198,398
1,949,623,600
1,917,808,217
470,967,741
455,752,212
1,906,040,272
2,489,607,388
425,287,357
412,587,412
3,305,239,183
3,829,931,979
384,615,384
379,603,399
4,661,891,113
4,816,568,045
4,580,281,693
4,648,414,985
4,532,320,043
5,405,476,231
5,876,666,596
5,382,030,319
5,489,801,126
5,489,801,126
6,042,942,570
8,338,402,839
9,137,504,391
9,137,504,391
8,456,611,716
5,777,676,125
6,141,492,415
6,141,492,415
6,494,726,744
4,896,105,000
7,682,711,000
6,892,383,634
7,682,711,000
5,888,489,000
10,184,294,000
10,184,294,000
9,815,364,000
0
11,398,712,000
11,398,712,000
10,867,835,000
10,940,541,000
11,607,463,000
11,607,463,000
12,348,124,000
11,025,214,000
13,640,420,000
13,640,420,000
12,526,731,000
15,460,587,000
16,659,310,000
16,659,310,000
18,751,484,000
19,492,343,000
22,505,851,000
22,505,851,000
20,578,433,000
22,393,025,000
23,598,585,000
23,598,585,000
21,594,499,000
22,951,375,000
10,333,817,000
10,333,817,000
22,933,285,000
23,338,888,000
24,168,633,000
24,168,633,000
26,589,460,000
27,936,624,000
27,701,141,000
27,701,141,000
26,929,527,000
27,292,529,000
30,081,556,000
30,081,556,000
33,338,601,000
34,998,290,000
31,943,804,000
31,943,804,000
41,531,485,000
44,333,849,000
45,529,958,000
45,529,958,000
45,699,617,000
44,056,930,000
48,394,959,000
48,394,959,000
46,451,684,000
48,864,615,000
49,849,139,000
52,754,552,000
46,651,328,000
47,363,374,000
300,121,975,000

300,121,975,000

47,363,374,000

46,651,328,000

52,754,552,000

49,849,139,000

48,864,615,000

46,451,684,000

48,394,959,000

44,056,930,000

45,699,617,000

45,529,958,000

44,333,849,000

41,531,485,000

31,943,804,000

34,998,290,000

33,338,601,000

30,081,556,000

27,292,529,000

26,929,527,000

27,701,141,000

27,936,624,000

26,589,460,000

24,168,633,000

23,338,888,000

22,933,285,000

10,333,817,000

22,951,375,000

21,594,499,000

23,598,585,000

22,393,025,000

20,578,433,000

22,505,851,000

19,492,343,000

18,751,484,000

16,659,310,000

15,460,587,000

12,526,731,000

13,640,420,000

11,025,214,000

12,348,124,000

11,607,463,000

10,940,541,000

10,867,835,000

11,398,712,000

9,815,364,000

10,184,294,000

5,888,489,000

7,682,711,000

6,892,383,634

7,682,711,000

4,896,105,000

6,494,726,744

6,141,492,415

5,777,676,125

8,456,611,716

9,137,504,391

8,338,402,839

6,042,942,570

5,489,801,126

5,382,030,319

5,876,666,596

5,405,476,231

4,532,320,043

4,648,414,985

4,580,281,693

4,816,568,045

4,661,891,113

379,603,399

384,615,384

3,829,931,979

3,305,239,183

412,587,412

425,287,357

2,489,607,388

1,906,040,272

455,752,212

470,967,741

1,917,808,217

1,949,623,600

599,198,398

603,321,679

2,019,571,868

2,048,966,615

556,120,827

Property Plant Equipment

0
0
335,930,048
596,184,420
400,152,906
405,244,756
406,813,628
604,316,481
303,326,810
294,623,655
285,398,230
331,096,198
274,826,790
271,264,368
265,734,266
321,184,511
253,968,254
254,807,692
254,957,507
318,051,576
325,443,787
318,309,859
331,412,104
328,546,076
348,486,834
364,485,389
365,227,317
339,658,248
339,658,248
376,811,661
651,795,066
623,941,761
623,941,761
634,434,699
658,737,420
680,673,509
680,673,509
719,079,578
408,227,000
855,818,000
759,989,794
855,818,000
597,477,000
1,897,379,000
1,897,379,000
1,268,141,000
1,086,421
1,628,075,000
1,628,075,000
1,081,336,000
1,068,890,000
2,180,733,000
2,180,733,000
1,444,712,000
1,068,890,000
3,002,368,000
3,002,368,000
1,455,856,000
1,471,153,000
3,533,626,000
3,533,626,000
4,112,442,000
4,395,387,000
5,110,858,000
5,110,858,000
5,337,266,000
5,603,643,000
5,950,094,000
5,950,094,000
2,585,540,000
2,792,387,000
3,241,562,000
3,241,562,000
3,170,050,000
3,225,383,000
3,115,697,000
3,115,697,000
3,092,817,000
3,150,714,000
3,127,405,000
3,127,405,000
3,072,268,000
3,171,141,000
3,368,647,000
3,368,647,000
4,917,905,000
5,120,045,000
5,519,981,000
5,519,981,000
5,692,105,000
5,711,340,000
5,963,319,000
5,963,319,000
6,152,449,000
6,300,988,000
6,796,517,000
6,796,517,000
7,168,870,000
7,499,866,000
8,554,174,000
8,700,415,000
8,465,511,000
8,260,388,000
8,156,579,000

8,156,579,000

8,260,388,000

8,465,511,000

8,700,415,000

8,554,174,000

7,499,866,000

7,168,870,000

6,796,517,000

6,300,988,000

6,152,449,000

5,963,319,000

5,711,340,000

5,692,105,000

5,519,981,000

5,120,045,000

4,917,905,000

3,368,647,000

3,171,141,000

3,072,268,000

3,127,405,000

3,150,714,000

3,092,817,000

3,115,697,000

3,225,383,000

3,170,050,000

3,241,562,000

2,792,387,000

2,585,540,000

5,950,094,000

5,603,643,000

5,337,266,000

5,110,858,000

4,395,387,000

4,112,442,000

3,533,626,000

1,471,153,000

1,455,856,000

3,002,368,000

1,068,890,000

1,444,712,000

2,180,733,000

1,068,890,000

1,081,336,000

1,628,075,000

1,086,421

1,268,141,000

1,897,379,000

597,477,000

855,818,000

759,989,794

855,818,000

408,227,000

719,079,578

680,673,509

658,737,420

634,434,699

623,941,761

651,795,066

376,811,661

339,658,248

365,227,317

364,485,389

348,486,834

328,546,076

331,412,104

318,309,859

325,443,787

318,051,576

254,957,507

254,807,692

253,968,254

321,184,511

265,734,266

271,264,368

274,826,790

331,096,198

285,398,230

294,623,655

303,326,810

604,316,481

406,813,628

405,244,756

400,152,906

596,184,420

335,930,048

Goodwill

0
0
0
0
0
0
0
0
93,000
82,000
77,000
74,000
69,000
67,000
65,000
60,000
0
0
0
89,000
39,000
37,449
34,560
89,505
34,333
31,883
30,437
31,254
28,707
26,711
24,443
22,289
19,369
19,658
19,212
18,656
15,538
449,860
19,423,000
977,095,000
492,971
977,095,000
3,092,000
1,008,639,000
1,008,639,000
929,702,000
429,729
855,724,000
855,724,000
777,328,000
719,442,000
750,968,000
750,968,000
672,169,000
719,442,000
679,861,000
679,861,000
601,935,000
592,935,000
571,373,000
571,373,000
592,667,000
573,608,000
3,589,203,000
3,589,203,000
3,404,483,000
3,603,940,000
3,970,690,000
3,970,690,000
0
0
6,484,669,000
6,484,669,000
6,130,095,000
6,130,095,000
6,130,095,000
6,130,095,000
6,231,667,000
0
6,095,959,000
6,095,959,000
5,987,277,375
6,071,399,369
6,638,403,000
6,638,403,000
6,548,359,391
7,103,536,000
6,694,354,000
6,694,354,000
7,673,114,000
7,896,161,000
7,011,715,000
7,011,715,000
7,657,221,000
0
8,143,146,000
8,143,146,000
8,490,514,000
9,387,953,000
9,836,661,000
9,501,406,000
8,544,381,000
8,291,449,000
7,818,125,000

7,818,125,000

8,291,449,000

8,544,381,000

9,501,406,000

9,836,661,000

9,387,953,000

8,490,514,000

8,143,146,000

7,657,221,000

7,011,715,000

7,896,161,000

7,673,114,000

6,694,354,000

7,103,536,000

6,548,359,391

6,638,403,000

6,071,399,369

5,987,277,375

6,095,959,000

6,231,667,000

6,130,095,000

6,484,669,000

3,970,690,000

3,603,940,000

3,404,483,000

3,589,203,000

573,608,000

592,667,000

571,373,000

592,935,000

601,935,000

679,861,000

719,442,000

672,169,000

750,968,000

719,442,000

777,328,000

855,724,000

429,729

929,702,000

1,008,639,000

3,092,000

977,095,000

492,971

977,095,000

19,423,000

449,860

15,538

18,656

19,212

19,658

19,369

22,289

24,443

26,711

28,707

31,254

30,437

31,883

34,333

89,505

34,560

37,449

39,000

89,000

60,000

65,000

67,000

69,000

74,000

77,000

82,000

93,000

Long Term Investments

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
6,866,347,000
0
0
0
3,280,560,000
0
0
0
4,008,424,000
0
0
0
4,433,165,000
16,517,731,000
5,007,381,000
18,259,823,000
5,722,627,000
18,280,690,000
18,414,798,736
18,692,616,281
8,961,245,000
19,947,183,000
21,340,277,000
22,230,730,000
20,018,893,000
21,252,797,000
27,630,197,000
30,194,804,000
32,059,318,000
29,998,739,000
31,403,693,000
29,497,900,000
32,009,860,000
29,998,739,000
30,292,077,000
31,423,264,000
30,855,773,000
33,961,563,000
29,056,174,000
30,212,554,000
29,562,451,000

29,562,451,000

30,212,554,000

29,056,174,000

33,961,563,000

30,855,773,000

31,423,264,000

30,292,077,000

29,998,739,000

32,009,860,000

29,497,900,000

31,403,693,000

29,998,739,000

32,059,318,000

30,194,804,000

27,630,197,000

21,252,797,000

20,018,893,000

22,230,730,000

21,340,277,000

19,947,183,000

8,961,245,000

18,692,616,281

18,414,798,736

18,280,690,000

5,722,627,000

18,259,823,000

5,007,381,000

16,517,731,000

4,433,165,000

4,008,424,000

3,280,560,000

6,866,347,000

Intangible Assets

0
0
0
0
0
0
0
0
93,000
82,000
77,000
74,000
69,000
67,000
65,000
60,000
0
0
0
89,000
39,000
37,449
34,560
89,505
34,333
31,883
30,437
31,254
28,707
26,711
24,443
22,289
19,369
19,658
19,212
18,656
15,538
449,860
464,748
477,995
492,971
494,107
477,744
457,418
452,382
438,819
429,729
421,701
415,961
409,574
402,456
385,021
384,290
378,028
378,506
352,168
344,784
336,421
329,672
325,683
315,260
307,061
300,341
1,863,873
1,840,007
1,811,525
1,804,853
1,689,529
1,952,139
1,923,107
1,876,483
607,586,000
607,586,000
2,194,556
2,241,378
563,942,000
563,942,000
2,238,878
2,222,133
535,465,000
535,465,000
514,105,265
525,990,899
563,452,000
563,452,000
7,080,419,000
7,647,515,000
538,958,000
538,958,000
536,069,000
531,544,000
495,606,000
495,606,000
486,254,000
8,258,042,000
485,626,000
485,626,000
500,223,000
553,532,000
602,531,000
591,168,000
585,262,000
598,983,000
671,572,000

671,572,000

598,983,000

585,262,000

591,168,000

602,531,000

553,532,000

500,223,000

485,626,000

8,258,042,000

486,254,000

495,606,000

531,544,000

536,069,000

538,958,000

7,647,515,000

7,080,419,000

563,452,000

525,990,899

514,105,265

535,465,000

2,222,133

2,238,878

563,942,000

2,241,378

2,194,556

607,586,000

1,876,483

1,923,107

1,952,139

1,689,529

1,804,853

1,811,525

1,840,007

1,863,873

300,341

307,061

315,260

325,683

329,672

336,421

344,784

352,168

378,506

378,028

384,290

385,021

402,456

409,574

415,961

421,701

429,729

438,819

452,382

457,418

477,744

494,107

492,971

477,995

464,748

449,860

15,538

18,656

19,212

19,658

19,369

22,289

24,443

26,711

28,707

31,254

30,437

31,883

34,333

89,505

34,560

37,449

39,000

89,000

60,000

65,000

67,000

69,000

74,000

77,000

82,000

93,000

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
22,102,976,000
22,828,537,000
23,885,745,000
24,388,231,000
24,207,686,000
31,711,065,000
36,182,899,000
38,904,608,000
35,869,797,000
34,567,582,000
33,821,699,000
31,467,541,000
33,925,476,000
0
0
0
0
0
0
0
0

33,925,476,000

31,467,541,000

33,821,699,000

34,567,582,000

35,869,797,000

38,904,608,000

36,182,899,000

31,711,065,000

24,207,686,000

24,388,231,000

23,885,745,000

22,828,537,000

22,102,976,000

Other Assets

0
0
0
5,150,079,494
4,904,892,974
0
0
5,013,009,374
5,003,913,888
1,051,000
1,167,000
5,870,246,097
5,549,653,574
1,293,000
1,576,000
6,070,615,039
5,904,761,915
0
0
6,822,349,563
6,976,331,357
7,490,140,849
8,149,855,907
8,515,267,960
8,387,265,834
8,649,924,989
9,490,837,631
10,141,745,597
10,141,745,597
11,309,001,838
18,570,441,868
19,747,569,379
19,747,569,379
22,572,783,758
23,725,983,551
24,099,157,599
24,099,157,599
27,104,506,208
24,450,697,000
37,637,552,000
35,024,672,516
37,637,552,000
26,184,580,000
44,644,735,000
44,644,735,000
47,487,370,000
6,603,377
41,947,804,000
41,947,804,000
45,438,757,000
47,304,726,000
49,217,412,000
49,217,412,000
56,614,099,000
48,001,454,000
62,637,429,000
62,637,429,000
67,079,529,000
69,833,012,000
63,543,327,000
63,543,327,000
71,098,468,000
74,385,908,000
84,962,520,000
84,962,520,000
87,421,207,000
90,226,080,000
100,155,182,000
100,155,182,000
125,168,968,000
138,883,086,000
162,090,628,000
162,090,628,000
151,201,248,000
153,717,201,000
153,687,845,000
153,687,845,000
161,643,416,000
160,339,644,000
158,665,766,000
158,665,766,000
163,883,694,000
164,634,922,000
171,598,217,000
171,598,217,000
179,319,694,000
184,058,059,000
182,620,257,000
182,620,257,000
204,015,877,000
202,119,175,000
185,455,029,000
185,455,029,000
199,562,537,000
206,198,644,000
191,618,928,000
191,618,928,000
244,314,008,000
263,453,883,000
277,178,395,000
271,324,019,000
266,645,319,000
267,737,703,000
0

267,737,703,000

266,645,319,000

271,324,019,000

277,178,395,000

263,453,883,000

244,314,008,000

191,618,928,000

206,198,644,000

199,562,537,000

185,455,029,000

202,119,175,000

204,015,877,000

182,620,257,000

184,058,059,000

179,319,694,000

171,598,217,000

164,634,922,000

163,883,694,000

158,665,766,000

160,339,644,000

161,643,416,000

153,687,845,000

153,717,201,000

151,201,248,000

162,090,628,000

138,883,086,000

125,168,968,000

100,155,182,000

90,226,080,000

87,421,207,000

84,962,520,000

74,385,908,000

71,098,468,000

63,543,327,000

69,833,012,000

67,079,529,000

62,637,429,000

48,001,454,000

56,614,099,000

49,217,412,000

47,304,726,000

45,438,757,000

41,947,804,000

6,603,377

47,487,370,000

44,644,735,000

26,184,580,000

37,637,552,000

35,024,672,516

37,637,552,000

24,450,697,000

27,104,506,208

24,099,157,599

23,725,983,551

22,572,783,758

19,747,569,379

18,570,441,868

11,309,001,838

10,141,745,597

9,490,837,631

8,649,924,989

8,387,265,834

8,515,267,960

8,149,855,907

7,490,140,849

6,976,331,357

6,822,349,563

5,904,761,915

6,070,615,039

1,576,000

1,293,000

5,549,653,574

5,870,246,097

1,167,000

1,051,000

5,003,913,888

5,013,009,374

4,904,892,974

5,150,079,494

> Total Liabilities

0
0
7,462,321,148
7,391,891,895
6,836,697,258
6,941,083,923
7,274,549,113
7,065,743,461
6,592,954,982
6,731,182,782
6,924,778,759
7,695,749,457
7,824,480,362
7,878,160,938
8,575,757,572
9,243,735,771
9,501,133,803
9,725,961,523
10,835,694,052
11,263,610,304
11,562,130,171
12,273,239,443
12,360,230,546
13,034,123,001
13,399,711,801
14,090,793,837
13,977,553,764
15,053,267,109
15,053,267,109
16,444,805,224
25,548,079,569
27,386,420,773
27,386,420,773
29,516,319,069
28,263,952,447
29,408,578,173
29,408,578,173
33,394,055,579
27,004,715,000
46,860,162,000
42,277,146,552
46,860,162,000
30,593,801,000
55,530,942,000
55,530,942,000
56,861,570,000
27,876,812
54,725,155,000
54,725,155,000
55,318,825,000
57,051,102,000
60,077,404,000
60,077,404,000
67,087,121,000
57,051,102,000
76,396,205,000
76,396,205,000
76,416,623,000
81,968,185,000
86,309,425,000
86,309,425,000
97,478,577,000
101,668,649,000
118,323,395,000
118,323,395,000
113,820,004,000
119,541,824,000
131,907,507,000
131,907,507,000
139,662,229,000
155,024,028,000
172,564,948,000
172,564,948,000
167,953,634,000
170,116,854,000
173,784,064,000
173,784,064,000
180,621,255,000
180,731,145,000
179,478,661,000
179,478,661,000
180,528,145,000
181,788,314,000
193,458,393,000
193,458,393,000
203,723,007,000
207,912,713,000
207,282,494,000
207,282,494,000
239,005,736,000
236,174,364,000
227,453,292,000
227,453,292,000
234,888,990,000
237,881,871,000
255,929,590,000
255,929,590,000
278,332,783,000
298,255,793,000
312,817,182,000
40,764,973,000
38,302,011,000
35,453,196,000
303,879,080,000

303,879,080,000

35,453,196,000

38,302,011,000

40,764,973,000

312,817,182,000

298,255,793,000

278,332,783,000

255,929,590,000

237,881,871,000

234,888,990,000

227,453,292,000

236,174,364,000

239,005,736,000

207,282,494,000

207,912,713,000

203,723,007,000

193,458,393,000

181,788,314,000

180,528,145,000

179,478,661,000

180,731,145,000

180,621,255,000

173,784,064,000

170,116,854,000

167,953,634,000

172,564,948,000

155,024,028,000

139,662,229,000

131,907,507,000

119,541,824,000

113,820,004,000

118,323,395,000

101,668,649,000

97,478,577,000

86,309,425,000

81,968,185,000

76,416,623,000

76,396,205,000

57,051,102,000

67,087,121,000

60,077,404,000

57,051,102,000

55,318,825,000

54,725,155,000

27,876,812

56,861,570,000

55,530,942,000

30,593,801,000

46,860,162,000

42,277,146,552

46,860,162,000

27,004,715,000

33,394,055,579

29,408,578,173

28,263,952,447

29,516,319,069

27,386,420,773

25,548,079,569

16,444,805,224

15,053,267,109

13,977,553,764

14,090,793,837

13,399,711,801

13,034,123,001

12,360,230,546

12,273,239,443

11,562,130,171

11,263,610,304

10,835,694,052

9,725,961,523

9,501,133,803

9,243,735,771

8,575,757,572

7,878,160,938

7,824,480,362

7,695,749,457

6,924,778,759

6,731,182,782

6,592,954,982

7,065,743,461

7,274,549,113

6,941,083,923

6,836,697,258

7,391,891,895

7,462,321,148

> Total Current Liabilities

0
0
469,316,375
852,782,194
305,045,872
320,804,196
316,633,267
394,056,181
622,309,197
645,161,289
763,274,336
680,089,487
743,648,960
542,528,737
759,906,760
685,649,203
868,480,727
704,326,922
713,881,020
1,088,825,214
1,014,792,899
946,478,874
930,835,735
1,618,493,373
699,593,870
1,077,608,976
1,027,201,828
1,795,054,467
1,795,054,467
2,056,182,152
1,216,684,122
4,111,242,889
4,111,242,889
3,846,889,759
3,003,202,198
1,200,444,731
1,200,444,731
1,242,569,510
1,971,758,000
2,001,045,000
3,801,758,471
2,001,045,000
3,305,393,000
2,089,304,000
2,089,304,000
5,588,070,000
0
810,160,000
810,160,000
4,992,689,000
4,509,478,000
1,992,781,000
1,992,781,000
2,716,078,000
4,509,478,000
2,570,665,000
2,570,665,000
7,831,300,000
9,257,714,000
1,307,082,000
1,307,082,000
2,908,984,000
2,443,999,000
1,355,135,000
1,355,135,000
3,556,413,000
2,860,983,000
1,088,488,000
1,088,488,000
0
0
121,802,028,000
121,802,028,000
0
0
2,887,418,000
2,887,418,000
136,263,308,000
135,021,105,000
3,093,290,000
3,093,290,000
135,627,004,042
135,937,190,251
3,100,664,000
3,100,664,000
152,177,244,553
160,326,438,000
3,484,151,000
3,484,151,000
187,269,306,000
189,928,900,000
3,151,297,000
3,151,297,000
197,253,768,000
199,796,730,000
3,981,649,000
3,981,649,000
156,806,858,000
0
6,019,578,000
158,692,047,000
148,170,315,000
144,638,876,000
634,634,000

634,634,000

144,638,876,000

148,170,315,000

158,692,047,000

6,019,578,000

156,806,858,000

3,981,649,000

199,796,730,000

197,253,768,000

3,151,297,000

189,928,900,000

187,269,306,000

3,484,151,000

160,326,438,000

152,177,244,553

3,100,664,000

135,937,190,251

135,627,004,042

3,093,290,000

135,021,105,000

136,263,308,000

2,887,418,000

121,802,028,000

1,088,488,000

2,860,983,000

3,556,413,000

1,355,135,000

2,443,999,000

2,908,984,000

1,307,082,000

9,257,714,000

7,831,300,000

2,570,665,000

4,509,478,000

2,716,078,000

1,992,781,000

4,509,478,000

4,992,689,000

810,160,000

5,588,070,000

2,089,304,000

3,305,393,000

2,001,045,000

3,801,758,471

2,001,045,000

1,971,758,000

1,242,569,510

1,200,444,731

3,003,202,198

3,846,889,759

4,111,242,889

1,216,684,122

2,056,182,152

1,795,054,467

1,027,201,828

1,077,608,976

699,593,870

1,618,493,373

930,835,735

946,478,874

1,014,792,899

1,088,825,214

713,881,020

704,326,922

868,480,727

685,649,203

759,906,760

542,528,737

743,648,960

680,089,487

763,274,336

645,161,289

622,309,197

394,056,181

316,633,267

320,804,196

305,045,872

852,782,194

469,316,375

Short-term Debt

0
0
469,316,375
750,079,492
305,045,872
320,804,196
316,633,267
310,928,840
622,309,197
645,161,289
763,274,336
460,850,113
743,648,960
542,528,737
759,906,760
603,644,647
868,480,727
704,326,922
713,881,020
1,014,326,647
908,284,023
814,084,507
930,835,735
1,526,931,352
699,593,870
1,077,608,976
1,027,201,828
1,687,966,952
1,687,966,952
1,942,208,255
1,031,437,104
3,928,888,563
3,928,888,563
3,632,893,928
2,792,772,189
1,018,873,210
1,018,873,210
1,031,639,501
0
0
3,508,619,550
5,200,635,539
1,737,907,000
0
3,870,634,000
3,260,963,000
0
0
2,730,401,000
2,670,756,000
2,532,858,000
0
2,515,081,000
2,716,078,000
2,532,858,000
0
3,914,236,000
5,035,847,000
6,654,808,000
0
0
0
0
0
0
0
0
8,633,013,000
0
0
0
11,129,500,000
0
0
0
11,960,932,000
40,590,306,000
42,097,945,000
41,967,172,000
9,965,182,000
36,939,426,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,001,147,000
8,956,043,000
0
8,608,344,000
7,715,346,000
6,096,177,000
470,295,000

470,295,000

6,096,177,000

7,715,346,000

8,608,344,000

8,956,043,000

4,001,147,000

36,939,426,000

9,965,182,000

41,967,172,000

42,097,945,000

40,590,306,000

11,960,932,000

11,129,500,000

8,633,013,000

6,654,808,000

5,035,847,000

3,914,236,000

2,532,858,000

2,716,078,000

2,515,081,000

2,532,858,000

2,670,756,000

2,730,401,000

3,260,963,000

3,870,634,000

1,737,907,000

5,200,635,539

3,508,619,550

1,031,639,501

1,018,873,210

2,792,772,189

3,632,893,928

3,928,888,563

1,031,437,104

1,942,208,255

1,687,966,952

1,027,201,828

1,077,608,976

699,593,870

1,526,931,352

930,835,735

814,084,507

908,284,023

1,014,326,647

713,881,020

704,326,922

868,480,727

603,644,647

759,906,760

542,528,737

743,648,960

460,850,113

763,274,336

645,161,289

622,309,197

310,928,840

316,633,267

320,804,196

305,045,872

750,079,492

469,316,375

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
8,633,013,000
0
0
0
11,129,500,000
0
0
0
11,960,932,000
40,590,306,000
42,097,945,000
41,967,172,000
9,965,182,000
36,939,426,000
19,284,327,029
0
12,824,463,000
0
0
364,064,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

364,064,000

12,824,463,000

19,284,327,029

36,939,426,000

9,965,182,000

41,967,172,000

42,097,945,000

40,590,306,000

11,960,932,000

11,129,500,000

8,633,013,000

Accounts payable

0
0
0
102,702,703
0
0
0
83,127,341
2,674,000
2,493,000
2,453,000
219,239,374
2,735,000
2,859,000
3,079,000
82,004,556
0
0
0
74,498,567
106,508,876
132,394,366
3,208,408
91,562,021
3,761,122
3,838,810
3,954,190
107,087,515
107,087,515
113,973,898
185,247,019
182,354,326
182,354,326
213,995,831
210,430,009
181,571,520
181,571,520
210,930,009
1,971,758,000
2,001,045,000
293,138,921
2,001,045,000
1,567,486,000
2,089,304,000
2,089,304,000
2,327,107,000
21,153,860
2,067,950,000
2,067,950,000
2,321,933,000
1,976,620,000
1,992,781,000
1,992,781,000
26,004,108
1,976,620,000
2,570,665,000
2,570,665,000
2,795,453,000
2,602,906,000
2,834,876,000
2,834,876,000
2,908,984,000
2,443,999,000
3,221,625,000
3,221,625,000
3,556,413,000
2,860,983,000
3,242,690,000
3,242,690,000
38,021,298
35,818,279
2,051,760,000
2,051,760,000
38,702,040
41,299,355
2,887,418,000
2,887,418,000
42,765,377
43,917,205
3,093,290,000
3,093,290,000
135,100,592,228
135,211,354,045
3,100,664,000
3,100,664,000
151,498,463,891
151,964,687,000
3,484,151,000
3,484,151,000
182,882,592,000
184,446,549,000
3,151,297,000
3,151,297,000
190,398,630,000
190,754,239,000
3,981,649,000
3,981,649,000
223,059,853,000
238,396,715,000
6,019,578,000
6,019,578,000
243,749,711,000
244,908,732,000
6,459,875,000

6,459,875,000

244,908,732,000

243,749,711,000

6,019,578,000

238,396,715,000

223,059,853,000

3,981,649,000

190,754,239,000

190,398,630,000

3,151,297,000

184,446,549,000

182,882,592,000

3,484,151,000

151,964,687,000

151,498,463,891

3,100,664,000

135,211,354,045

135,100,592,228

3,093,290,000

43,917,205

42,765,377

2,887,418,000

41,299,355

38,702,040

2,051,760,000

35,818,279

38,021,298

3,242,690,000

2,860,983,000

3,556,413,000

3,221,625,000

2,443,999,000

2,908,984,000

2,834,876,000

2,602,906,000

2,795,453,000

2,570,665,000

1,976,620,000

26,004,108

1,992,781,000

1,976,620,000

2,321,933,000

2,067,950,000

21,153,860

2,327,107,000

2,089,304,000

1,567,486,000

2,001,045,000

293,138,921

2,001,045,000

1,971,758,000

210,930,009

181,571,520

210,430,009

213,995,831

182,354,326

185,247,019

113,973,898

107,087,515

3,954,190

3,838,810

3,761,122

91,562,021

3,208,408

132,394,366

106,508,876

74,498,567

82,004,556

3,079,000

2,859,000

2,735,000

219,239,374

2,453,000

2,493,000

2,674,000

83,127,341

102,702,703

Other Current Liabilities

0
0
0
-852,782,194
-305,045,872
0
0
-394,056,181
-622,309,197
0
0
-680,089,487
-743,648,960
0
0
-685,649,203
-868,480,727
0
0
-1,088,825,214
-1,014,792,899
-946,478,874
-930,835,735
-1,618,493,373
-699,593,870
-1,077,608,976
-1,027,201,828
-1,795,054,467
-1,795,054,467
-2,056,182,152
-1,216,684,122
-4,111,242,889
-4,111,242,889
-3,846,889,759
-3,003,202,198
-1,200,444,731
-1,200,444,731
-1,242,569,510
-1,971,758,000
-2,001,045,000
-3,801,758,471
-2,001,045,000
-3,305,393,000
-2,089,304,000
-2,089,304,000
-5,588,070,000
0
-1,257,790,000
-1,257,790,000
-4,992,689,000
-4,509,478,000
-1,992,781,000
-1,992,781,000
-2,716,078,000
-4,509,478,000
-2,570,665,000
-2,570,665,000
-7,831,300,000
-9,257,714,000
-1,527,794,000
-1,527,794,000
-2,908,984,000
-2,443,999,000
-1,866,490,000
-1,866,490,000
-3,556,413,000
-2,860,983,000
-2,154,202,000
-2,154,202,000
0
0
-2,051,760,000
-2,051,760,000
2,580,154,000
3,477,414,000
-2,887,418,000
-2,887,418,000
650,930,000
857,168,000
-3,093,290,000
-3,093,290,000
526,411,814
725,836,206
-3,100,664,000
-3,100,664,000
678,780,662
760,470,000
-3,484,151,000
-3,484,151,000
287,955,000
189,928,900,000
-3,151,297,000
-3,151,297,000
646,003,000
1,001,089,000
-3,981,649,000
-3,981,649,000
152,805,711,000
-8,956,043,000
-6,019,578,000
150,083,703,000
140,454,969,000
138,542,699,000
164,339,000

164,339,000

138,542,699,000

140,454,969,000

150,083,703,000

-6,019,578,000

-8,956,043,000

152,805,711,000

-3,981,649,000

1,001,089,000

646,003,000

-3,151,297,000

189,928,900,000

287,955,000

-3,484,151,000

760,470,000

678,780,662

-3,100,664,000

725,836,206

526,411,814

-3,093,290,000

857,168,000

650,930,000

-2,887,418,000

3,477,414,000

2,580,154,000

-2,051,760,000

-2,154,202,000

-2,860,983,000

-3,556,413,000

-1,866,490,000

-2,443,999,000

-2,908,984,000

-1,527,794,000

-9,257,714,000

-7,831,300,000

-2,570,665,000

-4,509,478,000

-2,716,078,000

-1,992,781,000

-4,509,478,000

-4,992,689,000

-1,257,790,000

-5,588,070,000

-2,089,304,000

-3,305,393,000

-2,001,045,000

-3,801,758,471

-2,001,045,000

-1,971,758,000

-1,242,569,510

-1,200,444,731

-3,003,202,198

-3,846,889,759

-4,111,242,889

-1,216,684,122

-2,056,182,152

-1,795,054,467

-1,027,201,828

-1,077,608,976

-699,593,870

-1,618,493,373

-930,835,735

-946,478,874

-1,014,792,899

-1,088,825,214

-868,480,727

-685,649,203

-743,648,960

-680,089,487

-622,309,197

-394,056,181

-305,045,872

-852,782,194

> Long-term Liabilities

0
0
1,588,076,312
1,054,213,037
1,191,284,405
1,047,377,623
1,188,376,756
717,848,316
350,293,542
318,279,569
300,884,956
469,798,659
309,468,822
310,344,828
319,347,319
439,635,536
390,022,676
451,923,076
1,096,317,281
776,504,297
0
0
1,095,100,864
802,514,185
1,587,842,267
1,510,765,525
1,526,853,088
542,022,706
542,022,706
858,293,229
5,198,351,523
1,648,873,385
1,648,873,385
3,733,597,849
3,760,292,775
3,583,562,115
3,583,562,115
4,567,593,476
3,516,788,000
7,701,976,000
5,576,877,490
7,701,976,000
721,389,000
9,591,411,000
9,591,411,000
4,770,025,000
0
26,012,426,000
26,012,426,000
5,627,407,000
6,329,597,000
12,927,809,000
12,927,809,000
11,230,242,000
6,329,597,000
19,722,461,000
19,722,461,000
12,011,357,000
14,334,177,000
47,504,118,000
47,504,118,000
21,228,552,000
22,654,630,000
60,053,184,000
60,053,184,000
22,838,929,000
24,084,156,000
54,046,187,000
54,046,187,000
139,662,229,000
155,024,028,000
50,762,920,000
50,762,920,000
167,953,634,000
170,116,854,000
39,661,536,000
39,661,536,000
180,621,255,000
180,731,145,000
35,507,752,000
35,507,752,000
180,528,145,000
181,788,314,000
39,031,701,000
39,031,701,000
203,723,007,000
207,912,713,000
38,215,179,000
38,215,179,000
239,005,736,000
236,174,364,000
34,007,781,000
34,007,781,000
234,888,990,000
237,881,871,000
3,981,649,000
3,981,649,000
278,332,783,000
0
6,019,578,000
40,764,973,000
38,302,011,000
35,453,196,000
303,244,446,000

303,244,446,000

35,453,196,000

38,302,011,000

40,764,973,000

6,019,578,000

278,332,783,000

3,981,649,000

237,881,871,000

234,888,990,000

34,007,781,000

236,174,364,000

239,005,736,000

38,215,179,000

207,912,713,000

203,723,007,000

39,031,701,000

181,788,314,000

180,528,145,000

35,507,752,000

180,731,145,000

180,621,255,000

39,661,536,000

170,116,854,000

167,953,634,000

50,762,920,000

155,024,028,000

139,662,229,000

54,046,187,000

24,084,156,000

22,838,929,000

60,053,184,000

22,654,630,000

21,228,552,000

47,504,118,000

14,334,177,000

12,011,357,000

19,722,461,000

6,329,597,000

11,230,242,000

12,927,809,000

6,329,597,000

5,627,407,000

26,012,426,000

4,770,025,000

9,591,411,000

721,389,000

7,701,976,000

5,576,877,490

7,701,976,000

3,516,788,000

4,567,593,476

3,583,562,115

3,760,292,775

3,733,597,849

1,648,873,385

5,198,351,523

858,293,229

542,022,706

1,526,853,088

1,510,765,525

1,587,842,267

802,514,185

1,095,100,864

776,504,297

1,096,317,281

451,923,076

390,022,676

439,635,536

319,347,319

310,344,828

309,468,822

469,798,659

300,884,956

318,279,569

350,293,542

717,848,316

1,188,376,756

1,047,377,623

1,191,284,405

1,054,213,037

1,588,076,312

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
34,779,229,000
37,209,194,000
37,479,767,000
37,035,513,000
39,253,624,000
36,296,647,000
44,848,928,000
43,795,384,000
38,612,235,000
32,731,281,000
31,688,185,000
29,997,127,000
30,404,336,000
32,048,703,000
32,700,424,000
35,587,630,000
30,418,403,000
32,427,509,000
32,226,571,000
30,201,452,000
34,280,584,000
0

34,280,584,000

30,201,452,000

32,226,571,000

32,427,509,000

30,418,403,000

35,587,630,000

32,700,424,000

32,048,703,000

30,404,336,000

29,997,127,000

31,688,185,000

32,731,281,000

38,612,235,000

43,795,384,000

44,848,928,000

36,296,647,000

39,253,624,000

37,035,513,000

37,479,767,000

37,209,194,000

34,779,229,000

Other Liabilities

0
0
0
0
0
0
0
0
197,000
185,000
196,000
198,000
198,000
198,000
248,000
262,000
0
0
0
238,000
282,000
291,134
282,994
304,868
389,222
406,724
454,925
513,675
626,448
563,864
815,939
912,560
866,420
726,549
820,358
813,133
1,268,589
1,473,264
1,823,430
1,359,265
1,902,498
1,978,442
1,672,318
1,356,384
1,532,312
1,637,661
1,902,187
1,488,675
2,009,855
2,248,306
2,444,185
1,851,170
2,166,064
2,507,440
2,322,571
2,195,932
2,831,030
2,734,967
2,691,439
2,675,380
3,136,766
2,646,443
2,480,540
2,783,552
3,057,133
3,284,734
2,887,537
2,736,558
2,978,789
3,540,937
3,382,309
3,170,530
3,998,972
4,058,956
4,215,251
3,105,343
3,690,497
3,569,052
3,854,327
3,277,315
8,918,465,000
25,616,813,867
26,105,180,417
3,669,815,000
27,133,811,508
32,036,730,629
8,715,350,000
6,064,613,000
10,018,224,000
8,770,252,000
7,501,266,000
8,244,751,000
6,995,932,000
7,638,095,000
7,680,805,000
9,617,547,000
12,698,365,000
11,734,576,000
10,995,921,000
13,277,943,000
0
13,222,453,000
13,558,075,000
0

13,558,075,000

13,222,453,000

13,277,943,000

10,995,921,000

11,734,576,000

12,698,365,000

9,617,547,000

7,680,805,000

7,638,095,000

6,995,932,000

8,244,751,000

7,501,266,000

8,770,252,000

10,018,224,000

6,064,613,000

8,715,350,000

32,036,730,629

27,133,811,508

3,669,815,000

26,105,180,417

25,616,813,867

8,918,465,000

3,277,315

3,854,327

3,569,052

3,690,497

3,105,343

4,215,251

4,058,956

3,998,972

3,170,530

3,382,309

3,540,937

2,978,789

2,736,558

2,887,537

3,284,734

3,057,133

2,783,552

2,480,540

2,646,443

3,136,766

2,675,380

2,691,439

2,734,967

2,831,030

2,195,932

2,322,571

2,507,440

2,166,064

1,851,170

2,444,185

2,248,306

2,009,855

1,488,675

1,902,187

1,637,661

1,532,312

1,356,384

1,672,318

1,978,442

1,902,498

1,359,265

1,823,430

1,473,264

1,268,589

813,133

820,358

726,549

866,420

912,560

815,939

563,864

626,448

513,675

454,925

406,724

389,222

304,868

282,994

291,134

282,000

238,000

262,000

248,000

198,000

196,000

185,000

197,000

Deferred Long Term Liability

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
435,147,000
0
0
0
229,000
0
0
0
263,000
0
0
0
441,000
0
0
0
483,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

483,000

441,000

263,000

229,000

435,147,000

> Total Stockholder Equity

0
0
759,936,407
829,888,713
811,009,175
791,608,392
727,454,911
708,065,545
1,013,698,629
830,107,525
862,831,858
865,771,814
905,311,777
935,632,186
979,020,979
970,387,245
972,789,117
1,019,230,768
988,668,555
1,283,667,620
1,284,023,668
1,478,873,240
1,550,432,276
1,637,344,377
1,653,347,311
1,695,649,418
1,876,862,599
2,050,957,994
2,050,957,994
2,237,609,989
3,229,244,325
3,378,441,502
3,378,441,502
3,141,962,316
3,273,101,558
3,482,642,723
3,482,642,723
3,503,355,702
4,716,245,000
5,199,270,000
4,451,368,795
5,199,270,000
5,472,676,000
6,116,845,000
6,116,845,000
6,213,489,000
0
7,032,829,000
7,032,829,000
7,102,317,000
7,549,109,000
7,947,140,000
7,947,140,000
8,007,601,000
7,549,109,000
8,993,360,000
8,993,360,000
10,716,543,000
11,145,467,000
11,606,955,000
11,606,955,000
11,674,659,000
11,999,687,000
12,492,846,000
12,492,846,000
15,358,735,000
15,966,246,000
16,817,354,000
16,817,354,000
18,085,332,000
19,310,887,000
19,279,449,000
19,279,449,000
19,337,178,000
19,894,820,000
21,267,583,000
21,267,583,000
21,830,982,000
22,116,848,000
23,112,964,000
23,112,964,000
22,739,386,000
23,151,113,000
24,848,920,000
24,848,920,000
25,394,216,000
26,990,351,000
26,883,919,000
26,883,919,000
26,472,884,000
27,997,267,000
26,545,229,000
26,545,229,000
29,004,880,000
30,261,139,000
32,234,347,000
32,234,347,000
33,281,636,000
36,522,763,000
39,088,903,000
36,917,563,000
36,542,639,000
37,533,418,000
38,089,512,000

38,089,512,000

37,533,418,000

36,542,639,000

36,917,563,000

39,088,903,000

36,522,763,000

33,281,636,000

32,234,347,000

30,261,139,000

29,004,880,000

26,545,229,000

27,997,267,000

26,472,884,000

26,883,919,000

26,990,351,000

25,394,216,000

24,848,920,000

23,151,113,000

22,739,386,000

23,112,964,000

22,116,848,000

21,830,982,000

21,267,583,000

19,894,820,000

19,337,178,000

19,279,449,000

19,310,887,000

18,085,332,000

16,817,354,000

15,966,246,000

15,358,735,000

12,492,846,000

11,999,687,000

11,674,659,000

11,606,955,000

11,145,467,000

10,716,543,000

8,993,360,000

7,549,109,000

8,007,601,000

7,947,140,000

7,549,109,000

7,102,317,000

7,032,829,000

6,213,489,000

6,116,845,000

5,472,676,000

5,199,270,000

4,451,368,795

5,199,270,000

4,716,245,000

3,503,355,702

3,482,642,723

3,273,101,558

3,141,962,316

3,378,441,502

3,229,244,325

2,237,609,989

2,050,957,994

1,876,862,599

1,695,649,418

1,653,347,311

1,637,344,377

1,550,432,276

1,478,873,240

1,284,023,668

1,283,667,620

988,668,555

1,019,230,768

972,789,117

970,387,245

979,020,979

935,632,186

905,311,777

865,771,814

862,831,858

830,107,525

1,013,698,629

708,065,545

727,454,911

791,608,392

811,009,175

829,888,713

759,936,407

Common Stock

0
0
0
0
0
0
0
177,559,925
0
0
0
252,796,421
0
0
0
355,353,075
0
0
0
355,300,859
0
0
0
344,704,079
0
0
0
348,364,969
348,364,969
288,423,741
363,633,037
430,831,946
430,831,946
357,498,917
347,666,972
411,319,222
411,319,222
354,745,925
393,914,000
309,262,000
0
309,262,000
0
309,262,000
309,262,000
0
0
309,262,000
309,262,000
0
0
309,262,000
309,262,000
309,262,000
0
309,262,000
309,262,000
0
0
425,914,000
425,914,000
425,914,000
425,914,000
425,914,000
425,914,000
464,495,000
480,869,000
480,914,000
480,914,000
480,914,000
480,914,000
480,914,000
480,914,000
480,914,000
480,914,000
480,914,000
480,914,000
480,914,000
480,914,000
480,914,000
480,914,000
480,914,000
480,914,000
480,914,000
480,914,000
480,914,000
480,914,000
480,914,000
480,914,000
480,914,000
480,914,000
480,914,000
480,914,000
480,914,000
480,914,000
480,914,000
480,914,000
480,914,000
480,914,000
480,914,000
480,914,000
480,914,000
480,914,000
480,914,000

480,914,000

480,869,000

464,495,000

425,914,000

309,262,000

393,914,000

354,745,925

411,319,222

347,666,972

357,498,917

430,831,946

363,633,037

288,423,741

348,364,969

344,704,079

355,300,859

355,353,075

252,796,421

177,559,925

Retained Earnings Total Equity

Accumulated Other Comprehensive Income

0
0
0
8,426,073
0
0
0
95,074,907
581,213,307
559,139,784
550,884,956
46,979,866
385,681,293
347,126,438
370,629,370
20,501,139
340,136,055
317,307,692
118,980,170
151,862,464
1,284,023,668
1,478,873,240
446,685,879
121,185,028
1,653,347,311
1,695,649,418
1,876,862,599
143,658,558
143,658,558
458,221,588
747,849,075
233,805,643
233,805,643
511,072,396
571,820,678
145,920,462
145,920,462
556,088,207
0
-816,561,000
624,277,331
-816,561,000
-42,872,000
-968,676,000
-968,676,000
7,140,000
0
-1,001,594,000
-1,001,594,000
35,780,000
43,104,000
29,762,000
29,762,000
17,892,000
43,104,000
9,949,000
9,949,000
15,420,000
32,991,000
24,251,000
24,251,000
0
0
-2,043,984,000
-2,043,984,000
0
0
-25,550,000
-25,550,000
6,777,664,000
7,740,985,000
8,090,493,000
8,090,493,000
9,085,093,000
9,035,556,000
9,548,558,000
9,548,558,000
11,720,975,000
11,551,602,000
11,591,414,000
11,591,414,000
12,452,068,000
12,524,367,000
12,944,743,000
12,944,743,000
13,824,323,000
14,297,629,000
13,733,190,000
13,733,190,000
15,439,415,000
18,299,335,000
17,019,618,000
17,019,618,000
18,771,182,000
19,084,628,000
19,535,396,000
19,535,396,000
22,171,426,000
23,241,504,000
23,688,881,000
27,224,625,000
25,496,996,000
24,985,331,000
24,118,930,000

24,118,930,000

24,985,331,000

25,496,996,000

27,224,625,000

23,688,881,000

23,241,504,000

22,171,426,000

19,535,396,000

19,084,628,000

18,771,182,000

17,019,618,000

18,299,335,000

15,439,415,000

13,733,190,000

14,297,629,000

13,824,323,000

12,944,743,000

12,524,367,000

12,452,068,000

11,591,414,000

11,551,602,000

11,720,975,000

9,548,558,000

9,035,556,000

9,085,093,000

8,090,493,000

7,740,985,000

6,777,664,000

-25,550,000

-2,043,984,000

24,251,000

32,991,000

15,420,000

9,949,000

43,104,000

17,892,000

29,762,000

43,104,000

35,780,000

-1,001,594,000

7,140,000

-968,676,000

-42,872,000

-816,561,000

624,277,331

-816,561,000

556,088,207

145,920,462

571,820,678

511,072,396

233,805,643

747,849,075

458,221,588

143,658,558

1,876,862,599

1,695,649,418

1,653,347,311

121,185,028

446,685,879

1,478,873,240

1,284,023,668

151,862,464

118,980,170

317,307,692

340,136,055

20,501,139

370,629,370

347,126,438

385,681,293

46,979,866

550,884,956

559,139,784

581,213,307

95,074,907

8,426,073

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
4,857,454,000
4,857,454,000
4,857,454,000
4,857,454,000
4,857,454,000
4,857,454,000
4,857,454,000
4,857,454,000
4,857,454,000
4,857,454,000
4,857,454,000
4,857,454,000
4,857,454,000
4,857,454,000
4,857,454,000
4,857,454,000
4,857,454,000
4,857,454,000
4,857,454,000
4,857,454,000
4,857,454,000
0

4,857,454,000

Treasury Stock

Other Stockholders Equity

0
0
294,435,612
220,826,709
228,287,462
158,566,434
78,156,313
0
0
565,591,397
559,734,513
2,237,136
0
363,218,392
393,939,394
0
0
343,749,999
133,144,476
0
0
0
0
-2,693,001
0
0
0
0
0
0
0
0
364,586,916
2,517,598
0
0
0
0
1,444,081,000
1,108,620,000
354,661,904
1,108,620,000
2,028,692,000
1,359,173,000
1,359,173,000
1,211,143,000
0
1,619,534,000
1,619,534,000
1,385,899,000
1,497,025,000
622,227,000
622,227,000
620,282,000
1,497,025,000
637,040,000
637,040,000
1,351,928,000
1,314,895,000
723,176,000
723,176,000
804,866,000
824,884,000
2,674,346,000
2,674,346,000
885,111,000
931,110,000
746,325,000
746,325,000
4,857,454,000
4,857,454,000
4,857,454,000
4,857,454,000
4,857,454,000
4,857,454,000
4,857,454,000
4,857,454,000
4,857,454,000
4,857,454,000
4,857,454,000
4,857,454,000
4,857,454,000
4,857,455,000
7,516,318,000
7,516,318,000
4,857,454,000
4,857,454,000
7,974,805,000
7,974,805,000
4,857,454,000
4,857,454,000
5,133,448,000
5,133,448,000
4,857,454,000
4,857,454,000
8,944,249,000
8,944,249,000
4,857,454,000
4,857,454,000
4,857,454,000
4,857,454,000
4,857,454,000
4,857,454,000
4,857,454,000

4,857,454,000

8,944,249,000

4,857,454,000

5,133,448,000

4,857,454,000

7,974,805,000

4,857,454,000

7,516,318,000

4,857,455,000

4,857,454,000

746,325,000

931,110,000

885,111,000

2,674,346,000

824,884,000

804,866,000

723,176,000

1,314,895,000

1,351,928,000

637,040,000

1,497,025,000

620,282,000

622,227,000

1,497,025,000

1,385,899,000

1,619,534,000

1,211,143,000

1,359,173,000

2,028,692,000

1,108,620,000

354,661,904

1,108,620,000

1,444,081,000

2,517,598

364,586,916

-2,693,001

133,144,476

343,749,999

393,939,394

363,218,392

2,237,136

559,734,513

565,591,397

78,156,313

158,566,434

228,287,462

220,826,709

294,435,612

Balance Sheet

Currency in COP. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31
Accounts Payable	6,459,875,000	6,019,578,000	3,981,649,000	3,151,297,000	3,484,151,000	3,100,664,000	3,093,290,000	2,887,418,000	2,051,760,000	3,242,690,000	3,221,625,000	2,834,876,000	2,570,665,000	1,992,781,000	2,067,950,000	2,001,045,000	2,001,045,000	181,571,520	182,354,326	107,087,515	91,562,021	74,498,567	82,004,556	219,239,374	83,127,341	102,702,703
Accumulated Amortization	-	-	-	-	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accumulated Depreciation	-	-	-	-	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accumulated Other Comprehensive Income	24,118,930,000	23,688,881,000	19,535,396,000	17,019,618,000	13,733,190,000	12,944,743,000	11,591,414,000	9,548,558,000	8,090,493,000	-25,550,000	-2,043,984,000	24,251,000	11,847,000	17,629,000	33,594,000	-816,561,000	-816,561,000	145,920,462	233,805,643	143,658,558	121,185,028	151,862,464	20,501,139	46,979,866	95,074,907	8,426,073
Additional Paid In Capital	-	-	-	-	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital Lease Obligations	1,773,610,000	1,900,268,000	1,819,077,000	1,818,358,000	1,831,585,000	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital Stock	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital Surpluse	-	4,857,454,000	4,857,454,000	4,857,454,000	4,857,454,000	4,857,454,000	4,857,454,000	4,857,454,000	4,857,454,000	4,857,454,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash	31,958,683,000	24,721,168,000	23,147,676,000	20,185,074,000	18,256,065,000	15,833,017,000	15,523,123,000	16,216,907,000	14,295,163,000	11,192,825,000	11,427,441,000	7,144,015,000	6,818,307,000	6,155,034,000	4,983,569,000	5,228,387,000	5,228,387,000	1,916,149,243	1,730,612,361	1,225,596,446	1,403,053,323	851,002,864	712,984,055	720,357,943	664,601,125	752,146,264
Cash And Short Term Investments	-27,974,984,000	24,721,168,000	23,147,676,000	20,185,074,000	18,256,065,000	17,798,990,000	17,284,583,000	17,823,413,000	15,680,750,000	11,346,902,000	11,568,644,000	7,296,496,000	7,728,997,000	6,155,034,000	7,372,359,000	5,228,387,000	5,228,387,000	1,916,149,243	1,730,612,361	1,225,596,446	1,403,053,323	851,002,864	712,984,055	720,357,943	664,601,125	752,146,264
Common Stock	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	425,914,000	425,914,000	309,262,000	309,262,000	309,262,000	309,262,000	309,262,000	411,319,222	430,831,946	348,364,969	344,704,079	355,300,859	355,353,075	252,796,421	177,559,925	-
Common Stock Shares Outstanding	127,500	961,827	961,827	961,827	961,827	240,457	240,457	240,457	240,457	240,457	212,957	212,957	196,957	196,957	196,956	189,578	189,578	181,957	181,957	144,210	148,306	144,174	144,970	144,174	62,284	62,222
Common Stock Total Equity	-	-	-	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	309,262,000	309,262,000	309,262,000	309,262,000	309,262,000	309,262,000	309,262,000	309,262,000	411,319,222	430,831,946	348,364,969	344,704,079	355,300,859	355,353,075	252,796,421	177,559,925	-
Current Deferred Revenue	-6,459,875,000	250,992,323,000	77,115,000	24,929,000	34,290,000	-	-	-	121,802,028,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred Long Term Asset Charges	-	-	-	-	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred Long Term Liab	-	-	-	-	0	0	483,000	441,000	263,000	229,000	435,147,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earning Assets	-	-	33,925,476,000	35,869,797,000	24,207,686,000	22,102,976,000	20,154,146,000	18,981,961,000	20,962,443,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Good Will	7,818,125,000	9,836,661,000	8,143,146,000	7,011,715,000	6,694,354,000	6,638,403,000	6,095,959,000	6,130,095,000	6,484,669,000	3,970,690,000	3,589,203,000	571,373,000	679,861,000	750,968,000	855,724,000	977,095,000	977,095,000	18,656	22,289	31,254	89,505	89,000	60,000	74,000	-	-
Intangible Assets	671,572,000	602,531,000	485,626,000	495,606,000	538,958,000	563,452,000	535,465,000	563,942,000	607,586,000	1,689,529	1,863,873	325,683	352,168	385,021	421,701	457,418	477,995	18,656	22,289	31,254	89,505	89,000	60,000	74,000	-	-
Inventory	-474,045,000	608,449,000	-29,459,415,000	-25,825,437,000	-26,902,022,000	290,605,000	164,516,000	140,137,000	1,950,808,000	38,078	53,781	48,346	27,554	36,032	39,753	11,180	15,798	89,651	103,461	5,183	68,634	63,000	40,000	82,000	-	-
Liabilities And Stockholders Equity	342,928,809,000	352,814,733,000	289,855,048,000	255,568,505,000	236,088,113,000	220,113,618,000	203,908,211,000	196,261,044,000	192,972,867,000	148,724,861,000	130,816,241,000	97,916,380,000	85,463,020,000	68,095,156,000	61,864,365,000	52,151,649,000	52,151,649,000	32,937,911,081	30,814,019,453	17,146,680,333	14,711,862,387	12,598,853,855	10,273,348,528	8,601,789,727	7,831,891,402	8,279,650,242
Long Term Debt	30,312,182,000	39,268,626,000	29,645,422,000	30,328,719,000	24,602,951,000	24,384,731,000	23,935,638,000	26,231,692,000	28,608,508,000	8,271,687	9,276,418	8,008,427	9,203,777	5,623,787	4,047,254	2,904,083	2,419,157	1,337,449	1,257,011	506,535	287,835	191,000	125,000	260,000	-	-
Long Term Debt Total	-	30,529,040,000	24,210,452,000	27,517,947,000	26,434,536,000	24,384,731,000	23,935,638,000	26,231,692,000	28,608,508,000	20,326,620,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long Term Investments	29,562,451,000	30,855,773,000	32,009,860,000	32,059,318,000	20,018,893,000	20,165,261,000	18,271,189,000	14,696,142,000	4,008,424,000	3,280,560,000	6,866,347,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Negative Goodwill	-	-	-	-	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Debt	1,787,749,000	16,447,726,000	8,316,823,000	11,962,003,000	17,456,378,000	20,792,180,000	17,947,743,000	21,393,745,000	24,861,886,000	16,336,573,000	13,408,926,000	10,186,712,000	10,949,602,000	4,813,929,000	3,229,203,000	2,473,589,000	2,473,589,000	2,686,286,083	3,847,149,587	1,004,393,212	926,392,213	939,828,079	330,296,128	210,290,828	364,176,031	1,052,146,264
Net Invested Capital	68,401,694,000	78,357,529,000	61,879,769,000	56,873,948,000	60,764,777,000	61,474,117,000	56,583,830,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Receivables	28,449,029,000	1,066,031,000	1,642,933,000	1,204,529,000	802,074,000	634,855,000	256,721,000	581,153,000	899,485,000	13,624,192,000	11,779,226,000	10,417,247,000	1,456,174,000	1,115,247,000	1,145,490,000	1,602,999,000	1,602,999,000	781,111,824	198,333,322	289,537,165	261,221,060	263,610,315	184,510,251	105,145,414	204,657,304	328,457,870
Net Tangible Assets	-	28,649,711,000	23,605,575,000	19,037,908,000	19,650,607,000	17,647,065,000	16,481,540,000	14,573,546,000	12,187,194,000	12,286,058,000	8,903,643,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non Current Assets Total	300,121,975,000	49,849,139,000	47,435,149,000	45,529,958,000	31,943,804,000	30,791,213,000	27,701,141,000	24,168,633,000	10,333,817,000	23,598,585,000	22,505,851,000	16,659,310,000	12,342,355,000	10,691,722,000	11,707,277,000	7,682,711,000	7,682,711,000	6,141,492,415	9,137,504,391	5,489,801,126	4,532,320,043	4,661,891,113	3,305,239,183	1,906,040,272	1,949,623,600	2,048,966,615
Non Current Liabilities Other	-	-	-	-	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non Current Liabilities Total	303,244,446,000	6,019,578,000	33,358,019,000	34,007,781,000	38,215,179,000	39,031,701,000	35,507,752,000	39,661,536,000	50,762,920,000	54,046,187,000	60,053,184,000	47,504,118,000	14,439,898,000	8,417,317,000	26,012,426,000	7,701,976,000	7,701,976,000	3,583,562,115	1,648,873,385	542,022,706	802,514,185	776,504,297	439,635,536	469,798,659	717,848,316	1,054,213,037
Non Currrent Assets Other	273,540,214,000	-764,594,000	-746,375,000	-675,295,000	-401,002,000	-30,791,213,000	-27,701,141,000	-24,168,633,000	-14,824,373,000	-23,598,585,000	-22,505,851,000	-16,659,310,000	-12,342,355,000	-10,691,722,000	-11,707,277,000	-7,682,711,000	-7,682,711,000	-6,141,492,415	-9,137,504,391	-5,489,801,126	-4,532,320,043	-4,661,891,113	-3,305,239,183	-1,906,040,272	-1,949,623,600	-2,048,966,615
Noncontrolling Interest In Consolidated Entity	-	-	-	-	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Assets	-	277,178,395,000	217,629,290,000	188,648,944,000	185,086,170,000	147,511,979,000	158,665,766,000	153,687,845,000	162,090,628,000	100,155,182,000	84,962,520,000	63,543,327,000	63,935,494,000	50,133,153,000	41,639,239,000	37,637,552,000	37,637,552,000	24,099,157,599	19,747,569,379	10,141,745,597	8,515,267,960	6,822,349,563	6,070,615,039	5,870,246,097	5,013,009,374	5,150,079,494
Other Current Assets	42,806,834,000	-608,449,000	29,459,415,000	25,825,437,000	26,902,022,000	147,511,979,000	135,633,456,000	131,715,694,000	2,017,379,000	99,709,906,000	84,732,479,000	63,459,400,000	62,637,429,000	49,217,412,000	41,947,804,000	44,644,735,000	37,637,552,000	24,099,157,599	19,747,569,379	-	-	-	-	-	-	-
Other Current Liab	164,339,000	-252,892,591,000	-8,685,048,000	-2,399,521,000	-1,620,295,000	-3,100,664,000	-3,093,290,000	-2,887,418,000	-2,051,760,000	-2,154,202,000	-1,866,490,000	-1,527,794,000	-5,898,676,000	-4,544,427,000	-4,144,022,000	-2,001,045,000	-2,001,045,000	-1,200,444,731	-4,111,242,889	-1,795,054,467	-1,618,493,373	-1,088,825,214	-	-	-	-
Other Liab	-	13,277,943,000	9,617,547,000	8,244,751,000	6,064,613,000	5,612,561,000	3,509,169,000	3,220,146,000	3,957,564,000	2,174,693	2,542,330	2,318,770	1,929,693	1,520,286	1,465,214	1,330,564	1,332,257	783,391	884,949	485,400	292,212	227,000	249,000	177,000	-	-
Other Stockholder Equity	4,857,454,000	4,857,454,000	4,857,454,000	4,857,454,000	4,857,454,000	4,857,454,000	4,857,454,000	4,857,454,000	4,857,454,000	746,325,000	2,674,346,000	723,176,000	881,020,000	985,086,000	937,523,000	1,108,620,000	1,108,620,000	-	-	0	-2,693,001	-	79,726,652	2,237,136	0	220,826,709
Preferred Stock Redeemable	-	-	-	-	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred Stock Total Equity	-	-	-	-	0	0	0	0	0	101,449	95,251	104,551	78,436	77,634	74,621	68,670	74,076	56,401	53,110	43,130	35,878	35,000	43,000	46,000	-	-
Property Plant And Equipment Gross	11,646,938,000	8,554,174,000	6,796,517,000	5,963,319,000	5,594,919,000	3,424,097,000	3,166,058,000	3,155,207,000	3,283,762,000	5,892,036,000	5,065,317,000	3,496,449,000	3,002,368,000	2,180,733,000	1,628,075,000	1,897,379,000	855,818,000	680,673,509	623,941,761	339,658,248	328,546,076	318,051,576	321,184,511	331,096,198	604,316,481	596,184,420
Property Plant And Equipment Net	8,156,579,000	8,554,174,000	6,796,517,000	5,963,319,000	5,519,981,000	3,368,647,000	3,127,405,000	3,115,697,000	3,241,562,000	5,950,094,000	5,110,858,000	3,533,626,000	1,622,311,000	1,174,625,000	1,835,095,000	855,818,000	855,818,000	680,673,509	623,941,761	339,658,248	328,546,076	318,051,576	321,184,511	331,096,198	604,316,481	596,184,420
Property Plant Equipment	-	8,554,174,000	6,796,517,000	5,963,319,000	5,519,981,000	3,368,647,000	3,127,405,000	3,115,697,000	4,746,608,000	2,531,765	2,654,069	2,014,167	1,555,227	1,118,062	904,335	860,461	657,559	331,059	272,819	147,015	119,369	109,000	237,000	235,000	-	-
Retained Earnings	8,632,214,000	10,061,654,000	7,360,583,000	4,187,243,000	7,812,361,000	6,565,809,000	6,183,182,000	6,380,657,000	5,850,588,000	15,377,243,000	11,253,148,000	10,250,192,000	7,639,808,000	6,483,741,000	5,601,028,000	4,446,527,000	4,446,527,000	2,925,403,039	2,713,803,912	1,558,934,468	1,174,148,270	776,504,297	594,533,030	463,087,249	399,119,851	600,635,930
Retained Earnings Total Equity	-	-	-	-	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short Long Term Debt	-	-	-	-	0	12,824,463,000	9,965,182,000	11,960,932,000	11,129,500,000	8,633,013,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short Long Term Debt Total	33,746,432,000	41,168,894,000	31,464,499,000	32,147,077,000	35,712,443,000	36,625,197,000	33,470,866,000	37,610,652,000	39,157,049,000	27,529,398,000	24,836,367,000	17,330,727,000	17,767,909,000	10,968,963,000	8,212,772,000	7,701,976,000	7,701,976,000	4,602,435,326	5,577,761,948	2,229,989,659	2,329,445,536	1,790,830,944	1,043,280,183	930,648,772	1,028,777,156	1,804,292,529
Short Term Debt	470,295,000	1,900,268,000	8,607,933,000	2,374,592,000	1,586,005,000	0	0	0	0	0	-	-	3,328,011,000	2,551,646,000	2,886,232,000	3,870,634,000	-	1,018,873,210	3,928,888,563	1,687,966,952	1,526,931,352	1,014,326,647	603,644,647	460,850,113	310,928,840	750,079,492
Short Term Investments	-59,933,667,000	-	850,688,000	322,160,000	3,016,064,000	654,207,000	1,761,460,000	1,606,506,000	1,385,587,000	154,077,000	141,203,000	152,481,000	910,690,000	432,019	2,388,790,000	793,012	787,499	212,562	213,708	204,167	211,358	71,000	74,000	131,000	-	-
Temporary Equity Redeemable Noncontrolling Interests	-	-	-	-	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Assets	342,928,809,000	352,814,733,000	289,855,048,000	255,568,505,000	236,088,113,000	220,113,618,000	203,908,211,000	196,261,044,000	192,972,867,000	148,724,861,000	130,816,241,000	97,916,380,000	85,463,020,000	68,095,156,000	61,864,365,000	52,151,649,000	52,151,649,000	32,937,911,081	30,814,019,453	17,146,680,333	14,711,862,387	12,598,853,855	10,273,348,528	8,601,789,727	7,831,891,402	8,279,650,242
Total Current Assets	42,806,834,000	25,787,199,000	24,790,609,000	21,389,603,000	19,058,139,000	41,810,426,000	17,541,304,000	18,404,566,000	20,548,422,000	24,971,094,000	23,347,870,000	17,713,743,000	9,185,171,000	7,270,281,000	8,517,849,000	6,831,386,000	6,831,386,000	2,697,261,067	1,928,945,683	1,515,133,611	1,664,274,383	1,114,613,179	897,494,306	825,503,357	869,258,429	1,080,604,134
Total Current Liabilities	634,634,000	6,019,578,000	3,981,649,000	3,151,297,000	3,484,151,000	3,100,664,000	3,093,290,000	2,887,418,000	121,802,028,000	1,088,488,000	1,355,135,000	1,307,082,000	5,898,676,000	4,544,427,000	810,160,000	2,001,045,000	2,001,045,000	1,200,444,731	4,111,242,889	1,795,054,467	1,618,493,373	1,088,825,214	685,649,203	680,089,487	394,056,181	852,782,194
Total Liab	303,879,080,000	312,817,182,000	255,929,590,000	227,453,292,000	207,282,494,000	193,458,393,000	179,478,661,000	173,784,064,000	172,564,948,000	131,907,507,000	118,323,395,000	86,309,425,000	76,396,205,000	60,077,404,000	54,725,155,000	46,860,162,000	46,860,162,000	29,408,578,173	27,386,420,773	15,053,267,109	13,034,123,001	11,263,610,304	9,243,735,771	7,695,749,457	7,065,743,461	7,391,891,895
Total Permanent Equity	-	-	-	-	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Stockholder Equity	38,089,512,000	39,088,903,000	32,234,347,000	26,545,229,000	26,883,919,000	24,848,920,000	23,112,964,000	21,267,583,000	19,279,449,000	16,817,354,000	12,492,846,000	11,606,955,000	8,993,359,000	7,947,140,000	7,032,829,000	5,199,270,000	5,199,270,000	3,482,642,723	3,378,441,502	2,050,957,994	1,637,344,377	1,283,667,620	970,387,245	865,771,814	708,065,545	829,888,713
Treasury Stock	-	-	-	-	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Warrants	-	-	-	-	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31	1999-09-30	1999-06-30	1999-03-31	1998-12-31	1998-09-30	1998-06-30	1998-03-31
Accounts Payable	6,459,875,000	244,908,732,000	243,749,711,000	6,019,578,000	6,019,578,000	238,396,715,000	223,059,853,000	3,981,649,000	3,981,649,000	190,754,239,000	190,398,630,000	3,151,297,000	3,151,297,000	184,446,549,000	182,882,592,000	3,484,151,000	3,484,151,000	151,964,687,000	151,498,463,891	3,100,664,000	3,100,664,000	135,211,354,045	135,100,592,228	3,093,290,000	3,093,290,000	43,917,205	42,765,377	2,887,418,000	2,887,418,000	41,299,355	38,702,040	2,051,760,000	2,051,760,000	35,818,279	38,021,298	3,242,690,000	3,242,690,000	2,860,983,000	3,556,413,000	3,221,625,000	3,221,625,000	2,443,999,000	2,908,984,000	2,834,876,000	2,834,876,000	2,602,906,000	2,795,453,000	2,570,665,000	2,570,665,000	1,976,620,000	26,004,108	1,992,781,000	1,992,781,000	1,976,620,000	2,321,933,000	2,067,950,000	2,067,950,000	21,153,860	2,327,107,000	2,089,304,000	2,089,304,000	1,567,486,000	2,001,045,000	293,138,921	2,001,045,000	1,971,758,000	210,930,009	181,571,520	181,571,520	210,430,009	213,995,831	182,354,326	182,354,326	185,247,019	113,973,898	107,087,515	107,087,515	3,954,190	3,838,810	3,761,122	91,562,021	3,208,408	132,394,366	106,508,876	74,498,567	-	-	-	82,004,556	3,079,000	2,859,000	2,735,000	219,239,374	2,453,000	2,493,000	2,674,000	83,127,341	-	-	-	102,702,703	-	-	-
Accumulated Amortization	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accumulated Depreciation	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accumulated Other Comprehensive Income	24,118,930,000	24,985,331,000	25,496,996,000	27,224,625,000	23,688,881,000	23,241,504,000	22,171,426,000	19,535,396,000	19,535,396,000	19,084,628,000	18,771,182,000	17,019,618,000	17,019,618,000	18,299,335,000	15,439,415,000	13,733,190,000	13,733,190,000	14,297,629,000	13,824,323,000	12,944,743,000	12,944,743,000	12,524,367,000	12,452,068,000	11,591,414,000	11,591,414,000	11,551,602,000	11,720,975,000	9,548,558,000	9,548,558,000	9,035,556,000	9,085,093,000	8,090,493,000	8,090,493,000	7,740,985,000	6,777,664,000	-25,550,000	-25,550,000	-	-	-2,043,984,000	-2,043,984,000	-	-	24,251,000	24,251,000	32,991,000	15,420,000	9,949,000	9,949,000	43,104,000	17,892,000	29,762,000	29,762,000	43,104,000	35,780,000	-1,001,594,000	-1,001,594,000	-	7,140,000	-968,676,000	-968,676,000	-42,872,000	-816,561,000	624,277,331	-816,561,000	-	556,088,207	145,920,462	145,920,462	571,820,678	511,072,396	233,805,643	233,805,643	747,849,075	458,221,588	143,658,558	143,658,558	1,876,862,599	1,695,649,418	1,653,347,311	121,185,028	446,685,879	1,478,873,240	1,284,023,668	151,862,464	118,980,170	317,307,692	340,136,055	20,501,139	370,629,370	347,126,438	385,681,293	46,979,866	550,884,956	559,139,784	581,213,307	95,074,907	-	-	-	8,426,073	-	-	-
Additional Paid In Capital	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital Lease Obligations	1,773,610,000	1,707,301,000	1,741,886,000	1,873,300,000	1,900,268,000	1,846,835,000	1,782,992,000	1,816,646,000	1,819,077,000	1,799,365,000	1,810,508,000	1,816,646,000	1,818,358,000	1,934,029,000	1,923,046,000	2,025,310,000	1,831,585,000	1,901,466,000	1,994,165,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital Stock	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital Surpluse	-	4,857,454,000	4,857,454,000	4,857,454,000	4,857,454,000	4,857,454,000	4,857,454,000	4,857,454,000	4,857,454,000	4,857,454,000	4,857,454,000	4,857,454,000	4,857,454,000	4,857,454,000	4,857,454,000	4,857,454,000	4,857,454,000	4,857,454,000	4,857,454,000	4,857,454,000	4,857,454,000	4,857,454,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash	31,958,683,000	20,918,925,000	23,743,139,000	23,800,072,000	24,721,168,000	21,616,439,000	21,408,529,000	23,147,676,000	23,147,676,000	17,416,403,000	18,409,879,000	20,185,074,000	20,185,074,000	17,943,053,000	20,720,021,000	18,256,065,000	18,256,065,000	16,538,443,000	17,230,789,000	15,833,017,000	15,833,017,000	13,860,509,000	13,056,537,000	15,523,123,000	15,523,123,000	14,945,466,000	14,771,666,000	16,216,907,000	16,216,907,000	13,087,952,000	13,431,742,000	14,295,163,000	14,295,163,000	12,131,755,000	10,771,960,000	11,192,825,000	11,192,825,000	10,000,245,000	8,437,163,000	11,427,441,000	11,427,441,000	8,439,492,000	8,630,601,000	7,144,015,000	7,144,015,000	6,225,344,000	5,998,131,000	7,728,997,000	7,728,997,000	4,636,088,000	5,068,394,000	6,155,034,000	6,155,034,000	5,417,489,000	5,193,714,000	7,372,359,000	7,372,359,000	-	4,725,276,000	5,619,575,000	5,619,575,000	3,156,764,000	5,228,387,000	3,872,328,951	5,228,387,000	1,701,333,000	2,513,902,203	1,916,149,243	1,916,149,243	1,854,986,278	1,097,672,732	1,730,612,361	1,730,612,361	1,449,958,146	1,044,373,062	1,225,596,446	1,225,596,446	748,208,739	1,043,273,396	1,071,662,520	1,403,053,323	884,726,225	1,523,943,663	970,414,201	851,002,864	674,220,963	586,538,461	607,709,752	712,984,055	648,018,648	549,425,289	565,819,861	720,357,943	455,752,212	509,677,418	516,634,050	664,601,125	623,246,494	389,510,490	466,207,952	752,146,264	852,623,212	-	-
Cash And Short Term Investments	-27,974,984,000	20,918,925,000	23,743,139,000	23,800,072,000	24,721,168,000	21,616,439,000	21,408,529,000	24,536,087,000	24,536,087,000	17,416,403,000	18,409,879,000	23,378,989,000	23,378,989,000	17,943,053,000	20,720,021,000	20,721,978,000	20,721,978,000	16,538,443,000	17,230,789,000	17,798,990,000	17,798,990,000	13,860,509,000	13,056,537,000	17,284,583,000	17,284,583,000	14,945,466,000	14,771,666,000	17,823,413,000	17,823,413,000	13,087,952,000	13,431,742,000	15,680,750,000	15,680,750,000	12,131,755,000	10,771,960,000	11,346,902,000	11,346,902,000	10,000,245,000	8,437,163,000	11,568,644,000	11,568,644,000	8,439,492,000	8,630,601,000	7,296,496,000	7,296,496,000	6,225,344,000	5,998,131,000	7,728,997,000	7,728,997,000	4,636,088,000	5,068,394,000	6,155,034,000	6,155,034,000	5,417,489,000	5,193,714,000	7,372,359,000	7,372,359,000	-	4,725,276,000	5,619,575,000	5,619,575,000	3,156,764,000	5,228,387,000	3,872,328,951	5,228,387,000	1,701,333,000	2,513,902,203	1,916,149,243	1,916,149,243	1,854,986,278	1,097,672,732	1,730,612,361	1,730,612,361	1,449,958,146	1,044,373,062	1,225,596,446	1,225,596,446	748,208,739	1,043,273,396	1,071,662,520	1,403,053,323	884,726,225	1,523,943,663	970,414,201	851,002,864	674,220,963	586,538,461	607,709,752	712,984,055	648,018,648	549,425,289	565,819,861	720,357,943	455,752,212	509,677,418	516,634,050	664,601,125	623,246,494	389,510,490	466,207,952	752,146,264	852,623,212	-	-
Common Stock	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,869,000	464,495,000	425,914,000	425,914,000	425,914,000	425,914,000	425,914,000	425,914,000	-	-	309,262,000	309,262,000	-	309,262,000	309,262,000	309,262,000	-	-	309,262,000	309,262,000	-	-	309,262,000	309,262,000	-	309,262,000	-	309,262,000	393,914,000	354,745,925	411,319,222	411,319,222	347,666,972	357,498,917	430,831,946	430,831,946	363,633,037	288,423,741	348,364,969	348,364,969	-	-	-	344,704,079	-	-	-	355,300,859	-	-	-	355,353,075	-	-	-	252,796,421	-	-	-	177,559,925	-	-	-	-	-	-	-
Common Stock Shares Outstanding	961,827	961,827	961,827	961,827	240,457	240,457	240,457	240,457	240,457	240,457	240,457	240,457	240,457	240,455	240,457	240,455	240,455	240,457	240,457	240,457	240,457	240,457	240,457	240,457	240,457	240,457	240,457	240,457	240,457	240,457	240,457	240,457	240,457	240,457	240,457	240,457	240,457	240,457	242,227	212,957	212,957	212,957	212,954	212,957	212,957	212,957	212,958	196,957	196,957	196,957	196,959	196,957	196,957	196,957	196,873	196,956	196,956	196,956	132,823	196,965	196,965	196,965	181,957	196,957	181,957	181,414	182,431	181,957	181,957	182,281	181,957	181,957	181,957	181,957	144,174	144,174	144,174	144,174	144,174	144,174	144,174	144,174	144,174	144,174	144,174	144,174	144,174	144,174	144,174	144,174	144,174	144,174	144,174	144,174	144,174	144,174	62,284	62,284	62,333	71,429	61,667	66,667	50,000	50,000
Common Stock Total Equity	-	-	-	-	-	-	-	-	-	-	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	480,914,000	309,262,000	480,869,000	464,495,000	460,827,000	309,262,000	425,914,000	425,914,000	425,914,000	309,262,000	-	-	-	309,262,000	-	309,262,000	-	309,262,000	-	-	-	309,262,000	-	-	-	309,262,000	-	393,871,662	-	309,262,000	393,914,000	354,745,925	368,970,683	411,319,222	347,666,972	357,498,917	-	430,831,946	363,633,037	288,423,741	559,084,050	348,364,969	-	-	-	344,704,079	-	-	-	355,300,859	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current Deferred Revenue	-6,459,875,000	-	-	96,939,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	121,802,028,000	121,802,028,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred Long Term Asset Charges	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred Long Term Liab	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	483,000	-	-	-	441,000	-	-	-	263,000	-	-	-	229,000	-	-	-	435,147,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earning Assets	-	-	-	-	-	-	-	-	33,925,476,000	31,467,541,000	33,821,699,000	34,567,582,000	35,869,797,000	38,904,608,000	36,182,899,000	31,711,065,000	24,207,686,000	24,388,231,000	23,885,745,000	22,828,537,000	22,102,976,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Good Will	7,818,125,000	8,291,449,000	8,544,381,000	9,501,406,000	9,836,661,000	9,387,953,000	8,490,514,000	8,143,146,000	8,143,146,000	-	7,657,221,000	7,011,715,000	7,011,715,000	7,896,161,000	7,673,114,000	6,694,354,000	6,694,354,000	7,103,536,000	6,548,359,391	6,638,403,000	6,638,403,000	6,071,399,369	5,987,277,375	6,095,959,000	6,095,959,000	-	6,231,667,000	6,130,095,000	6,130,095,000	6,130,095,000	6,130,095,000	6,484,669,000	6,484,669,000	-	-	3,970,690,000	3,970,690,000	3,603,940,000	3,404,483,000	3,589,203,000	3,589,203,000	573,608,000	592,667,000	571,373,000	571,373,000	592,935,000	601,935,000	679,861,000	679,861,000	719,442,000	672,169,000	750,968,000	750,968,000	719,442,000	777,328,000	855,724,000	855,724,000	429,729	929,702,000	1,008,639,000	1,008,639,000	3,092,000	977,095,000	492,971	977,095,000	19,423,000	449,860	15,538	18,656	19,212	19,658	19,369	22,289	24,443	26,711	28,707	31,254	30,437	31,883	34,333	89,505	34,560	37,449	39,000	89,000	-	-	-	60,000	65,000	67,000	69,000	74,000	77,000	82,000	93,000	-	-	-	-	-	-	-	-
Intangible Assets	671,572,000	598,983,000	585,262,000	591,168,000	602,531,000	553,532,000	500,223,000	485,626,000	485,626,000	8,258,042,000	486,254,000	495,606,000	495,606,000	531,544,000	536,069,000	538,958,000	538,958,000	7,647,515,000	7,080,419,000	563,452,000	563,452,000	525,990,899	514,105,265	535,465,000	535,465,000	2,222,133	2,238,878	563,942,000	563,942,000	2,241,378	2,194,556	607,586,000	607,586,000	1,876,483	1,923,107	1,952,139	1,689,529	1,804,853	1,811,525	1,840,007	1,863,873	300,341	307,061	315,260	325,683	329,672	336,421	344,784	352,168	378,506	378,028	384,290	385,021	402,456	409,574	415,961	421,701	429,729	438,819	452,382	457,418	477,744	494,107	492,971	477,995	464,748	449,860	15,538	18,656	19,212	19,658	19,369	22,289	24,443	26,711	28,707	31,254	30,437	31,883	34,333	89,505	34,560	37,449	39,000	89,000	-	-	-	60,000	65,000	67,000	69,000	74,000	77,000	82,000	93,000	-	-	-	-	-	-	-	-
Inventory	-474,045,000	-29,946,836,000	-29,497,568,000	-29,048,910,000	-	-25,621,739,000	-25,206,979,000	-	413,097,000	-	-	-	426,642,000	-	-	-	394,354,000	0	0	0	290,605,000	191,365	159,439	133,758	71,587	102,980	95,368	87,128	44,505	823,268	737,232	1,950,808,000	1,950,808,000	45,516	78,764	77,859	38,078	44,187	42,345	46,803	53,781	51,093	46,825	48,421	48,346	43,171	35,674	31,289	27,554	28,158	31,747	33,078	36,032	39,904	42,461	41,824	39,753	26,645	14,955	12,452	11,180	11,328	12,866	15,231	15,798	14,136	20,946	8,894	89,651	9,932	9,415	11,401	103,461	17,094	4,445	5,399	5,183	7,543	11,230	8,837	68,634	10,955	13,598	15,000	63,000	-	-	-	40,000	29,000	33,000	34,000	82,000	37,000	38,000	52,000	-	-	-	-	-	-	-	-
Liabilities And Stockholders Equity	342,928,809,000	338,183,915,000	338,596,669,000	349,322,944,000	352,814,733,000	335,654,576,000	313,431,803,000	289,855,048,000	289,855,048,000	269,751,221,000	265,484,002,000	255,568,505,000	255,568,505,000	265,614,205,000	267,514,280,000	236,088,113,000	236,088,113,000	236,855,226,000	230,945,182,000	220,113,618,000	220,113,618,000	206,655,328,000	204,553,346,000	203,908,211,000	203,908,211,000	204,092,876,000	203,704,367,000	196,261,044,000	196,261,044,000	191,146,240,000	188,399,317,000	192,972,867,000	192,972,867,000	174,875,373,000	158,263,328,000	148,724,861,000	148,724,861,000	135,508,070,000	129,178,739,000	130,816,241,000	130,816,241,000	113,668,336,000	109,153,236,000	97,916,380,000	97,916,380,000	93,194,190,000	87,215,073,000	85,463,020,000	85,463,020,000	64,669,769,000	75,156,912,000	68,095,156,000	68,095,156,000	64,669,769,000	62,489,496,000	61,864,365,000	61,864,365,000	-	63,267,304,000	61,783,079,000	61,783,079,000	36,066,477,000	52,151,649,000	46,808,133,325	52,151,649,000	31,720,960,000	36,953,020,101	32,937,911,081	32,937,911,081	31,585,086,942	32,711,150,944	30,814,019,453	30,814,019,453	28,832,211,900	18,726,609,173	17,146,680,333	17,146,680,333	15,894,997,176	15,826,061,232	15,092,362,138	14,711,862,387	13,951,008,644	13,797,183,106	12,893,491,117	12,598,853,855	11,838,526,913	10,771,634,598	10,496,598,657	10,273,348,528	9,578,088,574	8,829,885,078	8,743,648,953	8,601,789,727	7,796,460,175	7,567,741,920	7,614,481,400	7,831,891,402	8,058,116,248	7,787,762,246	7,700,458,727	8,279,650,242	8,298,410,179	-	-
Long Term Debt	30,312,182,000	32,003,806,000	35,089,651,000	37,970,328,000	39,268,626,000	36,958,134,000	33,249,486,000	29,330,199,000	29,645,422,000	28,604,971,000	27,631,467,000	29,330,199,000	30,328,719,000	36,678,206,000	41,872,338,000	42,823,618,000	34,465,062,000	37,352,158,000	35,041,348,000	35,533,621,000	24,384,731,000	19,745,944,722	19,284,327,029	31,473,994,000	11,276,335	6,593,927	6,043,948	6,262,057	12,580,762	6,170,828	6,089,527	6,193,072	12,448,025	5,966,885	5,895,457	5,767,394	11,713,759	12,061,345	12,152,594	12,567,027	12,897,525	11,861,965	10,998,513	9,916,536	9,878,515	9,760,173	8,381,566	8,882,509	9,203,777	8,490,635	7,843,410	6,054,591	5,623,787	4,957,657	4,372,302	4,208,429	4,047,254	4,246,709	3,790,626	3,770,663	4,349,705	4,304,597	4,336,566	4,263,169	3,545,280	3,739,244	3,589,230	2,488,414	1,923,040	2,089,771	2,083,253	2,435,355	1,834,528	2,244,598	960,522	882,096	644,869	198,003	189,654	173,565	346,849	21,969	21,840	22,000	278,000	-	-	-	203,000	4,000	4,000	4,000	338,000	10,000	10,000	11,000	-	-	-	-	-	-	-	-
Long Term Debt Total	-	34,280,584,000	30,201,452,000	32,226,571,000	32,427,509,000	30,418,403,000	35,587,630,000	32,700,424,000	32,048,703,000	30,404,336,000	29,997,127,000	31,688,185,000	32,731,281,000	38,612,235,000	43,795,384,000	44,848,928,000	36,296,647,000	39,253,624,000	37,035,513,000	37,479,767,000	37,209,194,000	34,779,229,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long Term Investments	29,562,451,000	30,212,554,000	29,056,174,000	33,961,563,000	30,855,773,000	31,423,264,000	30,292,077,000	29,998,739,000	32,009,860,000	29,497,900,000	31,403,693,000	29,998,739,000	32,059,318,000	30,194,804,000	27,630,197,000	21,252,797,000	20,018,893,000	22,230,730,000	21,340,277,000	19,947,183,000	8,961,245,000	18,692,616,281	18,414,798,736	18,280,690,000	5,722,627,000	18,259,823,000	5,007,381,000	16,517,731,000	4,433,165,000	-	-	-	4,008,424,000	-	-	-	3,280,560,000	-	-	-	6,866,347,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Negative Goodwill	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Debt	1,787,749,000	12,792,182,000	13,088,398,000	16,043,556,000	16,447,726,000	17,188,530,000	13,623,949,000	8,316,823,000	8,316,823,000	12,418,456,000	11,032,096,000	11,962,003,000	11,962,003,000	20,099,705,000	22,520,211,000	17,456,378,000	17,456,378,000	22,145,704,000	19,249,572,000	20,792,180,000	20,792,180,000	20,349,703,000	19,481,981,000	17,947,743,000	17,947,743,000	21,268,340,000	21,052,382,000	21,393,745,000	21,393,745,000	24,361,422,000	24,625,022,000	24,861,886,000	24,861,886,000	21,835,545,000	19,184,056,000	16,336,573,000	16,336,573,000	14,083,911,000	14,401,766,000	13,408,926,000	13,408,926,000	14,215,138,000	12,597,951,000	10,186,712,000	10,186,712,000	14,763,641,000	11,049,073,000	11,993,464,000	11,993,464,000	4,226,367,000	8,877,926,000	6,772,775,000	6,772,775,000	3,444,966,000	3,104,449,000	840,413,000	840,413,000	-	3,305,712,000	3,971,836,000	3,971,836,000	-697,468,000	2,473,589,000	5,213,168,088	2,473,589,000	1,815,455,000	3,085,330,774	2,686,286,083	2,686,286,083	4,698,078,686	6,268,819,045	3,847,149,587	3,847,149,587	4,779,830,481	1,756,128,422	1,004,393,212	1,004,393,212	1,805,846,177	1,545,101,105	1,215,773,617	926,392,213	1,141,210,374	-709,859,155	-62,130,177	939,828,079	1,135,977,337	569,711,538	650,793,652	330,296,128	431,235,431	303,448,277	487,297,921	210,290,828	608,407,080	453,763,440	455,968,688	364,176,031	881,763,529	978,671,330	1,030,122,326	1,052,146,264	1,204,769,476	-	-
Net Invested Capital	68,401,694,000	69,537,224,000	71,632,290,000	74,887,891,000	78,357,529,000	73,480,897,000	66,531,122,000	56,948,501,000	61,879,769,000	58,296,633,000	56,636,347,000	56,948,501,000	56,873,948,000	64,105,996,000	67,790,070,000	69,472,329,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Receivables	28,449,029,000	2,163,913,000	1,556,883,000	1,444,301,000	1,066,031,000	1,719,639,000	1,257,582,000	1,642,933,000	1,642,933,000	2,079,244,000	1,811,969,000	1,204,529,000	1,204,529,000	1,218,128,000	1,246,897,000	802,074,000	802,074,000	1,260,434,000	1,056,098,000	634,855,000	634,855,000	867,368,000	683,588,000	256,721,000	256,721,000	871,142,000	699,825,000	581,153,000	581,153,000	1,002,199,000	833,042,000	899,485,000	899,485,000	909,157,000	727,901,000	13,624,192,000	13,624,192,000	12,888,720,000	12,741,936,000	11,779,226,000	11,779,226,000	11,350,593,000	10,672,683,000	10,417,247,000	10,417,247,000	1,675,247,000	1,610,682,000	1,456,174,000	1,456,174,000	1,007,013,000	1,126,295,000	1,115,247,000	1,115,247,000	1,007,013,000	989,190,000	1,145,490,000	1,145,490,000	-	1,239,294,000	1,334,475,000	1,334,475,000	836,644,000	1,602,999,000	1,018,748,224	1,602,999,000	672,825,000	839,884,947	781,111,824	781,111,824	226,440,988	584,082,738	198,333,322	198,333,322	473,409,048	330,291,703	289,537,165	289,537,165	273,920,487	256,196,252	227,957,553	261,221,060	268,011,527	202,816,902	130,177,515	263,610,315	175,637,394	129,807,692	154,195,012	184,510,251	149,184,149	142,528,736	138,568,129	105,145,414	141,592,920	212,903,225	176,125,244	204,657,304	258,517,035	344,930,070	309,785,933	328,457,870	239,268,681	-	-
Net Tangible Assets	-	28,642,986,000	27,412,996,000	-	28,649,711,000	26,581,278,000	24,290,899,000	22,045,340,000	23,605,575,000	22,003,097,000	20,861,405,000	19,605,366,000	19,037,908,000	19,569,562,000	18,263,701,000	18,333,699,000	19,650,607,000	19,342,836,000	18,313,795,853	17,356,573,859	17,647,065,000	16,553,721,580	16,238,002,964	15,778,003,000	16,481,540,000	15,590,761,000	15,052,668,000	14,443,632,000	14,573,546,000	-	-	-	12,187,194,000	-	-	-	12,286,058,000	-	-	-	8,903,643,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non Current Assets Total	300,121,975,000	47,363,374,000	46,651,328,000	52,754,552,000	49,849,139,000	48,864,615,000	46,451,684,000	48,394,959,000	48,394,959,000	44,056,930,000	45,699,617,000	45,529,958,000	45,529,958,000	44,333,849,000	41,531,485,000	31,943,804,000	31,943,804,000	34,998,290,000	33,338,601,000	30,081,556,000	30,081,556,000	27,292,529,000	26,929,527,000	27,701,141,000	27,701,141,000	27,936,624,000	26,589,460,000	24,168,633,000	24,168,633,000	23,338,888,000	22,933,285,000	10,333,817,000	10,333,817,000	22,951,375,000	21,594,499,000	23,598,585,000	23,598,585,000	22,393,025,000	20,578,433,000	22,505,851,000	22,505,851,000	19,492,343,000	18,751,484,000	16,659,310,000	16,659,310,000	15,460,587,000	12,526,731,000	13,640,420,000	13,640,420,000	11,025,214,000	12,348,124,000	11,607,463,000	11,607,463,000	10,940,541,000	10,867,835,000	11,398,712,000	11,398,712,000	-	9,815,364,000	10,184,294,000	10,184,294,000	5,888,489,000	7,682,711,000	6,892,383,634	7,682,711,000	4,896,105,000	6,494,726,744	6,141,492,415	6,141,492,415	5,777,676,125	8,456,611,716	9,137,504,391	9,137,504,391	8,338,402,839	6,042,942,570	5,489,801,126	5,489,801,126	5,382,030,319	5,876,666,596	5,405,476,231	4,532,320,043	4,648,414,985	4,580,281,693	4,816,568,045	4,661,891,113	379,603,399	384,615,384	3,829,931,979	3,305,239,183	412,587,412	425,287,357	2,489,607,388	1,906,040,272	455,752,212	470,967,741	1,917,808,217	1,949,623,600	599,198,398	603,321,679	2,019,571,868	2,048,966,615	556,120,827	-	-
Non Current Liabilities Other	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non Current Liabilities Total	303,244,446,000	35,453,196,000	38,302,011,000	40,764,973,000	6,019,578,000	0	278,332,783,000	3,981,649,000	3,981,649,000	237,881,871,000	234,888,990,000	34,007,781,000	34,007,781,000	236,174,364,000	239,005,736,000	38,215,179,000	38,215,179,000	207,912,713,000	203,723,007,000	39,031,701,000	39,031,701,000	181,788,314,000	180,528,145,000	35,507,752,000	35,507,752,000	180,731,145,000	180,621,255,000	39,661,536,000	39,661,536,000	170,116,854,000	167,953,634,000	50,762,920,000	50,762,920,000	155,024,028,000	139,662,229,000	54,046,187,000	54,046,187,000	24,084,156,000	22,838,929,000	60,053,184,000	60,053,184,000	22,654,630,000	21,228,552,000	47,504,118,000	47,504,118,000	14,334,177,000	12,011,357,000	19,722,461,000	19,722,461,000	6,329,597,000	11,230,242,000	12,927,809,000	12,927,809,000	6,329,597,000	5,627,407,000	26,012,426,000	26,012,426,000	-	4,770,025,000	9,591,411,000	9,591,411,000	721,389,000	7,701,976,000	5,576,877,490	7,701,976,000	3,516,788,000	4,567,593,476	3,583,562,115	3,583,562,115	3,760,292,775	3,733,597,849	1,648,873,385	1,648,873,385	5,198,351,523	858,293,229	542,022,706	542,022,706	1,526,853,088	1,510,765,525	1,587,842,267	802,514,185	1,095,100,864	-	-	776,504,297	1,096,317,281	451,923,076	390,022,676	439,635,536	319,347,319	310,344,828	309,468,822	469,798,659	300,884,956	318,279,569	350,293,542	717,848,316	1,188,376,756	1,047,377,623	1,191,284,405	1,054,213,037	1,588,076,312	-	-
Non Currrent Assets Other	273,540,214,000	-702,862,000	-671,478,000	-790,751,000	-49,849,139,000	-869,403,000	-755,533,000	-48,394,959,000	-48,394,959,000	-44,056,930,000	-45,699,617,000	-45,529,958,000	-45,529,958,000	-44,333,849,000	-41,531,485,000	-31,943,804,000	-31,943,804,000	-34,998,290,000	-33,338,601,000	-30,081,556,000	-30,081,556,000	-27,292,529,000	-26,929,527,000	-27,701,141,000	-27,701,141,000	-27,936,624,000	-26,589,460,000	-24,168,633,000	-24,168,633,000	-23,338,888,000	-22,933,285,000	-14,824,373,000	-14,824,373,000	-22,951,375,000	-21,594,499,000	-23,598,585,000	-23,598,585,000	-22,393,025,000	-20,578,433,000	-22,505,851,000	-22,505,851,000	-19,492,343,000	-18,751,484,000	-16,659,310,000	-16,659,310,000	-15,460,587,000	-12,526,731,000	-13,640,420,000	-13,640,420,000	-11,025,214,000	-12,348,124,000	-11,607,463,000	-11,607,463,000	-10,940,541,000	-10,867,835,000	-11,398,712,000	-11,398,712,000	-	-9,815,364,000	-10,184,294,000	-10,184,294,000	-5,888,489,000	-7,682,711,000	-6,892,383,634	-7,682,711,000	-4,896,105,000	-6,494,726,744	-6,141,492,415	-6,141,492,415	-5,777,676,125	-8,456,611,716	-9,137,504,391	-9,137,504,391	-8,338,402,839	-6,042,942,570	-5,489,801,126	-5,489,801,126	-5,382,030,319	-5,876,666,596	-5,405,476,231	-4,532,320,043	-4,648,414,985	-4,580,281,693	-4,816,568,045	-4,661,891,113	124,645,892	129,807,692	-3,829,931,979	-3,305,239,183	146,853,147	154,022,989	-2,489,607,388	-1,906,040,272	170,353,982	176,344,086	-1,917,808,217	-1,949,623,600	192,384,770	198,076,923	-2,019,571,868	-2,048,966,615	220,190,779	-	-
Noncontrolling Interest In Consolidated Entity	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Assets	-	267,737,703,000	266,645,319,000	271,324,019,000	277,178,395,000	263,453,883,000	244,314,008,000	191,618,928,000	191,618,928,000	206,198,644,000	199,562,537,000	185,455,029,000	185,455,029,000	202,119,175,000	204,015,877,000	182,620,257,000	182,620,257,000	184,058,059,000	179,319,694,000	171,598,217,000	171,598,217,000	164,634,922,000	163,883,694,000	158,665,766,000	158,665,766,000	160,339,644,000	161,643,416,000	153,687,845,000	153,687,845,000	153,717,201,000	151,201,248,000	162,090,628,000	162,090,628,000	138,883,086,000	125,168,968,000	100,155,182,000	100,155,182,000	90,226,080,000	87,421,207,000	84,962,520,000	84,962,520,000	74,385,908,000	71,098,468,000	63,543,327,000	63,543,327,000	69,833,012,000	67,079,529,000	62,637,429,000	62,637,429,000	48,001,454,000	56,614,099,000	49,217,412,000	49,217,412,000	47,304,726,000	45,438,757,000	41,947,804,000	41,947,804,000	6,603,377	47,487,370,000	44,644,735,000	44,644,735,000	26,184,580,000	37,637,552,000	35,024,672,516	37,637,552,000	24,450,697,000	27,104,506,208	24,099,157,599	24,099,157,599	23,725,983,551	22,572,783,758	19,747,569,379	19,747,569,379	18,570,441,868	11,309,001,838	10,141,745,597	10,141,745,597	9,490,837,631	8,649,924,989	8,387,265,834	8,515,267,960	8,149,855,907	7,490,140,849	6,976,331,357	6,822,349,563	-	-	5,904,761,915	6,070,615,039	1,576,000	1,293,000	5,549,653,574	5,870,246,097	1,167,000	1,051,000	5,003,913,888	5,013,009,374	-	-	4,904,892,974	5,150,079,494	-	-	-
Other Current Assets	42,806,834,000	29,946,836,000	29,497,568,000	29,048,910,000	608,449,000	25,621,739,000	25,206,979,000	574,146,000	217,629,290,000	206,198,644,000	199,562,537,000	195,069,889,000	159,715,560,000	202,119,175,000	204,015,877,000	211,468,302,000	156,510,001,000	184,058,059,000	179,319,694,000	176,232,677,000	147,511,979,000	164,634,922,000	163,883,694,000	159,793,330,000	135,633,456,000	160,339,644,000	161,643,416,000	154,995,175,000	131,715,694,000	153,717,201,000	151,201,248,000	2,017,379,000	2,017,379,000	138,883,086,000	125,168,968,000	123,001,927,000	99,709,906,000	90,226,080,000	87,421,207,000	85,567,685,000	84,732,479,000	74,385,908,000	71,098,468,000	66,616,714,000	63,459,400,000	69,833,012,000	67,079,529,000	65,144,591,000	62,637,429,000	48,001,454,000	56,614,099,000	53,097,188,000	49,217,412,000	47,304,726,000	45,438,757,000	43,781,884,000	41,947,804,000	-	47,487,370,000	45,304,816,000	44,644,735,000	26,184,580,000	39,941,645,740	35,024,672,516	37,637,552,000	24,450,697,000	27,104,506,208	27,207,674,575	24,099,157,599	23,725,983,551	22,572,783,758	19,981,197,382	19,747,569,379	18,570,441,868	11,309,001,838	-	-	9,490,837,631	8,649,924,989	8,387,265,834	-	-	7,490,140,849	6,976,331,357	-	10,609,065,157	9,670,673,061	-	-	8,368,298,365	7,712,643,696	-	-	6,743,362,830	6,374,193,535	-	-	6,577,154,322	6,450,000,006	-	-	6,650,397,459	-	-
Other Current Liab	164,339,000	138,542,699,000	140,454,969,000	150,083,703,000	-6,019,578,000	-8,956,043,000	152,805,711,000	-3,981,649,000	-3,981,649,000	1,001,089,000	646,003,000	-3,151,297,000	-3,151,297,000	189,928,900,000	287,955,000	-3,484,151,000	-3,484,151,000	760,470,000	678,780,662	-3,100,664,000	-3,100,664,000	725,836,206	526,411,814	-3,093,290,000	-3,093,290,000	857,168,000	650,930,000	-2,887,418,000	-2,887,418,000	3,477,414,000	2,580,154,000	-2,051,760,000	-2,051,760,000	-	-	-2,154,202,000	-2,154,202,000	-2,860,983,000	-3,556,413,000	-1,866,490,000	-1,866,490,000	-2,443,999,000	-2,908,984,000	-1,527,794,000	-1,527,794,000	-9,257,714,000	-7,831,300,000	-2,570,665,000	-2,570,665,000	-4,509,478,000	-2,716,078,000	-1,992,781,000	-1,992,781,000	-4,509,478,000	-4,992,689,000	-1,257,790,000	-1,257,790,000	-	-5,588,070,000	-2,089,304,000	-2,089,304,000	-3,305,393,000	-2,001,045,000	-3,801,758,471	-2,001,045,000	-1,971,758,000	-1,242,569,510	-1,200,444,731	-1,200,444,731	-3,003,202,198	-3,846,889,759	-4,111,242,889	-4,111,242,889	-1,216,684,122	-2,056,182,152	-1,795,054,467	-1,795,054,467	-1,027,201,828	-1,077,608,976	-699,593,870	-1,618,493,373	-930,835,735	-946,478,874	-1,014,792,899	-1,088,825,214	-	-	-868,480,727	-685,649,203	-	-	-743,648,960	-680,089,487	-	-	-622,309,197	-394,056,181	-	-	-305,045,872	-852,782,194	-	-	-
Other Liab	-	13,558,075,000	13,222,453,000	-	13,277,943,000	10,995,921,000	11,734,576,000	12,698,365,000	9,617,547,000	7,680,805,000	7,638,095,000	6,995,932,000	8,244,751,000	7,501,266,000	8,770,252,000	10,018,224,000	6,064,613,000	8,715,350,000	32,036,730,629	27,133,811,508	3,669,815,000	26,105,180,417	25,616,813,867	8,918,465,000	3,277,315	3,854,327	3,569,052	3,690,497	3,105,343	4,215,251	4,058,956	3,998,972	3,170,530	3,382,309	3,540,937	2,978,789	2,736,558	2,887,537	3,284,734	3,057,133	2,783,552	2,480,540	2,646,443	3,136,766	2,675,380	2,691,439	2,734,967	2,831,030	2,195,932	2,322,571	2,507,440	2,166,064	1,851,170	2,444,185	2,248,306	2,009,855	1,488,675	1,902,187	1,637,661	1,532,312	1,356,384	1,672,318	1,978,442	1,902,498	1,359,265	1,823,430	1,473,264	1,268,589	813,133	820,358	726,549	866,420	912,560	815,939	563,864	626,448	513,675	454,925	406,724	389,222	304,868	282,994	291,134	282,000	238,000	-	-	-	262,000	248,000	198,000	198,000	198,000	196,000	185,000	197,000	-	-	-	-	-	-	-	-
Other Stockholder Equity	4,857,454,000	4,857,454,000	4,857,454,000	4,857,454,000	4,857,454,000	4,857,454,000	4,857,454,000	8,944,249,000	8,944,249,000	4,857,454,000	4,857,454,000	5,133,448,000	5,133,448,000	4,857,454,000	4,857,454,000	7,974,805,000	7,974,805,000	4,857,454,000	4,857,454,000	7,516,318,000	7,516,318,000	4,857,455,000	4,857,454,000	4,857,454,000	4,857,454,000	4,857,454,000	4,857,454,000	4,857,454,000	4,857,454,000	4,857,454,000	4,857,454,000	4,857,454,000	4,857,454,000	4,857,454,000	4,857,454,000	746,325,000	746,325,000	931,110,000	885,111,000	2,674,346,000	2,674,346,000	824,884,000	804,866,000	723,176,000	723,176,000	1,314,895,000	1,351,928,000	637,040,000	637,040,000	1,497,025,000	620,282,000	622,227,000	622,227,000	1,497,025,000	1,385,899,000	1,619,534,000	1,619,534,000	-	1,211,143,000	1,359,173,000	1,359,173,000	2,028,692,000	1,108,620,000	354,661,904	1,108,620,000	1,444,081,000	-	-	-	-	2,517,598	364,586,916	-	-	-	0	0	-	-	-	-2,693,001	-	-	-	-	133,144,476	343,749,999	-	-	393,939,394	363,218,392	-	2,237,136	559,734,513	565,591,397	-	0	78,156,313	158,566,434	228,287,462	220,826,709	294,435,612	-	-
Preferred Stock Redeemable	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred Stock Total Equity	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	101,449	-	-	-	95,251	-	-	-	104,551	-	-	-	78,436	-	-	-	77,634	-	-	-	74,621	-	-	-	68,670	-	-	-	74,076	-	-	-	56,401	-	-	-	53,110	-	38,275	37,695	43,130	-	-	-	35,878	-	-	-	35,000	-	-	-	43,000	-	-	-	46,000	-	-	-	-	-	-	-	-	-	-	-
Property Plant And Equipment Gross	11,646,938,000	8,260,388,000	8,465,511,000	8,700,415,000	8,554,174,000	7,499,866,000	-	-	-	-	6,152,449,000	6,040,064,000	5,963,319,000	5,711,340,000	5,692,105,000	5,893,268,000	5,594,919,000	5,120,045,000	4,917,905,000	4,865,503,000	3,424,097,000	3,171,141,000	3,072,268,000	3,046,733,000	3,166,058,000	3,150,714,000	3,092,817,000	3,019,732,000	3,155,207,000	3,225,383,000	3,170,050,000	3,151,168,000	3,283,762,000	2,792,387,000	2,585,540,000	2,500,456,000	5,892,036,000	5,603,643,000	5,337,266,000	5,276,403,000	5,065,317,000	4,395,387,000	4,112,442,000	3,807,448,000	3,496,449,000	1,471,153,000	1,455,856,000	1,644,538,000	3,002,368,000	1,068,890,000	1,444,712,000	1,257,107,000	2,180,733,000	1,068,890,000	1,081,336,000	1,886,940,000	1,628,075,000	-	1,268,141,000	1,171,117,000	1,897,379,000	597,477,000	883,343,242	759,989,794	855,818,000	408,227,000	719,079,578	706,634,763	680,673,509	658,737,420	634,434,699	646,625,851	623,941,761	651,795,066	376,811,661	348,243,031	339,658,248	365,227,317	364,485,389	348,486,834	328,546,076	331,412,104	318,309,859	325,443,787	318,051,576	254,957,507	254,807,692	-	-	265,734,266	271,264,368	-	-	285,398,230	294,623,655	-	-	406,813,628	405,244,756	-	-	335,930,048	-	-
Property Plant And Equipment Net	8,156,579,000	8,260,388,000	8,465,511,000	8,700,415,000	8,554,174,000	7,499,866,000	7,168,870,000	6,796,517,000	6,796,517,000	6,300,988,000	6,152,449,000	5,963,319,000	5,963,319,000	5,711,340,000	5,692,105,000	5,519,981,000	5,519,981,000	5,120,045,000	4,917,905,000	3,368,647,000	3,368,647,000	3,171,141,000	3,072,268,000	3,127,405,000	3,127,405,000	3,150,714,000	3,092,817,000	3,115,697,000	3,115,697,000	3,225,383,000	3,170,050,000	3,241,562,000	3,241,562,000	2,792,387,000	2,585,540,000	5,950,094,000	5,950,094,000	5,603,643,000	5,337,266,000	5,110,858,000	5,110,858,000	4,395,387,000	4,112,442,000	3,533,626,000	3,533,626,000	1,471,153,000	1,455,856,000	3,002,368,000	3,002,368,000	1,068,890,000	1,444,712,000	2,180,733,000	2,180,733,000	1,068,890,000	1,081,336,000	1,628,075,000	1,628,075,000	-	1,268,141,000	1,897,379,000	1,897,379,000	597,477,000	855,818,000	759,989,794	855,818,000	408,227,000	719,079,578	680,673,509	680,673,509	658,737,420	634,434,699	623,941,761	623,941,761	651,795,066	376,811,661	339,658,248	339,658,248	365,227,317	364,485,389	348,486,834	328,546,076	331,412,104	318,309,859	325,443,787	318,051,576	254,957,507	254,807,692	253,968,254	321,184,511	265,734,266	271,264,368	274,826,790	331,096,198	285,398,230	294,623,655	303,326,810	604,316,481	406,813,628	405,244,756	400,152,906	596,184,420	335,930,048	-	-
Property Plant Equipment	-	8,260,388,000	8,465,511,000	8,700,415,000	8,554,174,000	7,499,866,000	7,168,870,000	6,793,275,000	6,796,517,000	6,300,988,000	6,152,449,000	6,040,064,000	5,963,319,000	5,711,340,000	5,692,105,000	5,893,268,000	5,519,981,000	7,042,142,000	6,686,348,000	6,612,359,000	3,368,647,000	3,171,141,801	3,072,268,423	3,046,733,000	1,612,004	1,648,465	1,566,365	1,604,364	1,571,276	1,665,620	1,595,610	1,566,022	1,508,947	1,348,566	1,499,388	1,436,592	2,531,765	2,806,304	2,839,959	2,685,162	2,654,069	2,301,425	2,130,657	2,083,055	2,014,167	1,934,229	1,803,693	1,790,202	1,555,227	1,469,447	1,442,053	1,221,678	1,118,062	1,141,024	1,051,203	986,492	904,335	1,086,421	973,836	826,043	860,461	744,799	824,276	813,943	657,559	619,131	633,636	424,182	331,059	281,789	236,480	276,193	272,819	284,829	161,417	147,368	147,015	140,612	134,801	129,360	119,369	112,856	110,373	113,000	109,000	-	-	-	237,000	118,000	118,000	119,000	235,000	129,000	226,000	258,000	-	-	-	-	-	-	-	-
Retained Earnings	8,632,214,000	7,209,719,000	5,707,275,000	4,354,570,000	10,061,654,000	7,942,891,000	5,771,842,000	7,360,583,000	7,360,583,000	5,838,143,000	4,895,330,000	4,187,243,000	4,187,243,000	4,359,564,000	5,695,101,000	7,812,361,000	7,812,361,000	7,354,354,000	6,231,525,000	6,565,809,000	6,565,809,000	5,288,377,000	4,948,950,000	6,183,182,000	6,183,182,000	5,226,878,000	4,771,639,000	6,380,657,000	6,380,657,000	5,520,896,000	4,913,717,000	5,850,588,000	5,850,588,000	6,231,534,000	5,969,300,000	15,377,243,000	15,377,243,000	14,554,267,000	14,009,129,000	11,253,148,000	11,253,148,000	10,748,889,000	10,443,879,000	10,250,192,000	10,250,192,000	9,797,581,000	9,349,195,000	7,885,687,000	7,885,687,000	6,008,980,000	6,908,743,000	6,834,467,000	6,834,467,000	6,008,980,000	5,680,638,000	5,954,205,000	5,954,205,000	-	4,995,206,000	5,265,664,000	5,265,664,000	3,486,856,000	4,446,527,000	3,472,429,560	4,446,527,000	2,878,250,000	2,592,521,570	2,925,403,039	2,925,403,039	2,353,613,909	2,270,873,405	2,713,803,912	2,713,803,912	2,117,762,213	1,490,964,660	1,558,934,468	1,558,934,468	-	-	-	1,174,148,270	1,103,746,398	-	-	776,504,297	869,688,385	701,923,076	632,653,062	594,533,030	608,391,608	588,505,748	519,630,485	463,087,249	311,946,903	270,967,741	432,485,322	399,119,851	649,298,598	633,041,959	582,721,713	600,635,930	465,500,795	-	-
Retained Earnings Total Equity	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short Long Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	364,064,000	0	0	12,824,463,000	0	19,284,327,029	36,939,426,000	9,965,182,000	41,967,172,000	42,097,945,000	40,590,306,000	11,960,932,000	-	-	-	11,129,500,000	-	-	-	8,633,013,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short Long Term Debt Total	33,746,432,000	33,711,107,000	36,831,537,000	39,843,628,000	41,168,894,000	38,804,969,000	35,032,478,000	31,464,499,000	31,464,499,000	29,834,859,000	29,441,975,000	32,147,077,000	32,147,077,000	38,042,758,000	43,240,232,000	35,712,443,000	35,712,443,000	38,684,147,000	36,480,361,000	36,625,197,000	36,625,197,000	34,210,212,000	32,538,518,000	33,470,866,000	33,470,866,000	36,213,806,000	35,824,048,000	37,610,652,000	37,610,652,000	37,449,374,000	38,056,764,000	39,157,049,000	39,157,049,000	33,967,300,000	29,956,016,000	27,529,398,000	27,529,398,000	24,084,156,000	22,838,929,000	24,836,367,000	24,836,367,000	22,654,630,000	21,228,552,000	17,330,727,000	17,330,727,000	20,988,985,000	17,047,204,000	19,722,461,000	19,722,461,000	8,862,455,000	13,946,320,000	12,927,809,000	12,927,809,000	8,862,455,000	8,298,163,000	8,212,772,000	8,212,772,000	-	8,030,988,000	9,591,411,000	9,591,411,000	2,459,296,000	7,701,976,000	9,085,497,040	7,701,976,000	3,516,788,000	5,599,232,977	4,602,435,326	4,602,435,326	6,553,064,964	7,366,491,777	5,577,761,948	5,577,761,948	6,229,788,627	2,800,501,484	2,229,989,659	2,229,989,659	2,554,054,916	2,588,374,501	2,287,436,136	2,329,445,536	2,025,936,599	814,084,507	908,284,023	1,790,830,944	1,810,198,300	1,156,249,998	1,258,503,404	1,043,280,183	1,079,254,079	852,873,565	1,053,117,782	930,648,772	1,064,159,292	963,440,858	972,602,739	1,028,777,156	1,505,010,023	1,368,181,820	1,496,330,277	1,804,292,529	2,057,392,688	-	-
Short Term Debt	470,295,000	6,096,177,000	7,715,346,000	8,608,344,000	-	8,956,043,000	4,001,147,000	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	36,939,426,000	9,965,182,000	41,967,172,000	42,097,945,000	40,590,306,000	11,960,932,000	-	-	-	11,129,500,000	-	-	-	8,633,013,000	-	-	-	-	-	-	-	-	6,654,808,000	5,035,847,000	3,914,236,000	-	2,532,858,000	2,716,078,000	2,515,081,000	-	2,532,858,000	2,670,756,000	2,730,401,000	-	-	3,260,963,000	3,870,634,000	-	1,737,907,000	5,200,635,539	3,508,619,550	-	-	1,031,639,501	1,018,873,210	1,018,873,210	2,792,772,189	3,632,893,928	3,928,888,563	3,928,888,563	1,031,437,104	1,942,208,255	1,687,966,952	1,687,966,952	1,027,201,828	1,077,608,976	699,593,870	1,526,931,352	930,835,735	814,084,507	908,284,023	1,014,326,647	713,881,020	704,326,922	868,480,727	603,644,647	759,906,760	542,528,737	743,648,960	460,850,113	763,274,336	645,161,289	622,309,197	310,928,840	316,633,267	320,804,196	305,045,872	750,079,492	469,316,375	-	-
Short Term Investments	-59,933,667,000	-	-	-	-	-	-	850,688,000	850,688,000	-	-	3,193,915,000	3,193,915,000	-	-	2,465,913,000	2,465,913,000	401,167,000	618,371,000	1,965,973,000	1,965,973,000	1,693,536,000	0	1,761,460,000	1,761,460,000	810,128,000	2,134,230,000	1,606,506,000	1,606,506,000	914,849,000	1,839,198,000	1,385,587,000	1,385,587,000	-	-	154,077,000	154,077,000	-	-	141,203,000	141,203,000	-	-	152,481,000	152,481,000	-	-	-	471,737	-	-	-	432,019	-	-	-	1,177,196	-	-	-	793,012	-	-	-	787,499	-	-	-	212,562	-	-	-	213,708	-	-	-	204,167	-	-	-	211,358	-	-	-	71,000	-	-	-	74,000	-	-	-	131,000	-	-	-	-	-	-	-	-	-	-	-
Temporary Equity Redeemable Noncontrolling Interests	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Assets	342,928,809,000	338,183,915,000	338,596,669,000	349,322,944,000	352,814,733,000	335,654,576,000	313,431,803,000	289,855,048,000	289,855,048,000	269,751,221,000	265,484,002,000	255,568,505,000	255,568,505,000	265,614,205,000	267,514,280,000	236,088,113,000	236,088,113,000	236,855,226,000	230,945,182,000	220,113,618,000	220,113,618,000	206,655,328,000	204,553,346,000	203,908,211,000	203,908,211,000	204,092,876,000	203,704,367,000	196,261,044,000	196,261,044,000	191,146,240,000	188,399,317,000	192,972,867,000	192,972,867,000	174,875,373,000	158,263,328,000	148,724,861,000	148,724,861,000	135,508,070,000	129,178,739,000	130,816,241,000	130,816,241,000	113,668,336,000	109,153,236,000	97,916,380,000	97,916,380,000	93,194,190,000	87,215,073,000	85,463,020,000	85,463,020,000	64,669,769,000	75,156,912,000	68,095,156,000	68,095,156,000	64,669,769,000	62,489,496,000	61,864,365,000	61,864,365,000	31,503,847	63,267,304,000	61,783,079,000	61,783,079,000	36,066,477,000	52,151,649,000	46,808,133,325	52,151,649,000	31,720,960,000	36,953,020,101	32,937,911,081	32,937,911,081	31,585,086,942	32,711,150,944	30,814,019,453	30,814,019,453	28,832,211,900	18,726,609,173	17,146,680,333	17,146,680,333	15,894,997,176	15,826,061,232	15,092,362,138	14,711,862,387	13,951,008,644	13,797,183,106	12,893,491,117	12,598,853,855	11,838,526,913	10,771,634,598	10,496,598,657	10,273,348,528	9,578,088,574	8,829,885,078	8,743,648,953	8,601,789,727	7,796,460,175	7,567,741,920	7,614,481,400	7,831,891,402	8,058,116,248	7,787,762,246	7,700,458,727	8,279,650,242	8,298,410,179	-	-
Total Current Assets	42,806,834,000	23,082,838,000	25,300,022,000	25,244,373,000	25,787,199,000	23,336,078,000	22,666,111,000	49,841,161,000	49,841,161,000	19,495,647,000	20,221,848,000	24,583,518,000	24,583,518,000	19,161,181,000	21,966,918,000	21,524,052,000	21,524,052,000	17,798,877,000	18,286,887,000	18,433,845,000	18,433,845,000	14,727,877,000	13,740,125,000	17,541,304,000	17,541,304,000	15,816,608,000	15,471,491,000	18,404,566,000	18,404,566,000	14,090,151,000	14,264,784,000	20,548,422,000	20,548,422,000	13,040,912,000	11,499,861,000	24,971,094,000	24,971,094,000	22,888,965,000	21,179,099,000	23,347,870,000	23,347,870,000	19,790,085,000	19,303,284,000	17,713,743,000	17,713,743,000	7,900,591,000	7,608,813,000	9,185,171,000	9,185,171,000	5,643,101,000	6,194,689,000	7,270,281,000	7,270,281,000	6,424,502,000	6,182,904,000	8,517,849,000	8,517,849,000	-	5,964,570,000	6,954,050,000	6,954,050,000	3,993,408,000	6,831,386,000	4,891,077,176	6,831,386,000	2,374,158,000	3,353,787,149	2,697,261,067	2,697,261,067	2,081,427,266	1,681,755,471	1,928,945,683	1,928,945,683	1,923,367,193	1,374,664,765	1,515,133,611	1,515,133,611	1,022,129,226	1,299,469,647	1,299,620,073	1,664,274,383	1,152,737,752	1,726,760,564	1,100,591,715	1,114,613,179	11,458,923,514	10,387,019,214	761,904,763	897,494,306	9,165,501,162	8,404,597,720	704,387,990	825,503,357	7,340,707,963	7,096,774,179	692,759,295	869,258,429	7,458,917,850	7,184,440,567	775,993,885	1,080,604,134	7,742,289,352	-	-
Total Current Liabilities	634,634,000	144,638,876,000	148,170,315,000	158,692,047,000	6,019,578,000	0	156,806,858,000	3,981,649,000	3,981,649,000	199,796,730,000	197,253,768,000	3,151,297,000	3,151,297,000	189,928,900,000	187,269,306,000	3,484,151,000	3,484,151,000	160,326,438,000	152,177,244,553	3,100,664,000	3,100,664,000	135,937,190,251	135,627,004,042	3,093,290,000	3,093,290,000	135,021,105,000	136,263,308,000	2,887,418,000	2,887,418,000	-	-	121,802,028,000	121,802,028,000	-	-	1,088,488,000	1,088,488,000	2,860,983,000	3,556,413,000	1,355,135,000	1,355,135,000	2,443,999,000	2,908,984,000	1,307,082,000	1,307,082,000	9,257,714,000	7,831,300,000	2,570,665,000	2,570,665,000	4,509,478,000	2,716,078,000	1,992,781,000	1,992,781,000	4,509,478,000	4,992,689,000	810,160,000	810,160,000	-	5,588,070,000	2,089,304,000	2,089,304,000	3,305,393,000	2,001,045,000	3,801,758,471	2,001,045,000	1,971,758,000	1,242,569,510	1,200,444,731	1,200,444,731	3,003,202,198	3,846,889,759	4,111,242,889	4,111,242,889	1,216,684,122	2,056,182,152	1,795,054,467	1,795,054,467	1,027,201,828	1,077,608,976	699,593,870	1,618,493,373	930,835,735	946,478,874	1,014,792,899	1,088,825,214	713,881,020	704,326,922	868,480,727	685,649,203	759,906,760	542,528,737	743,648,960	680,089,487	763,274,336	645,161,289	622,309,197	394,056,181	316,633,267	320,804,196	305,045,872	852,782,194	469,316,375	-	-
Total Liab	303,879,080,000	35,453,196,000	38,302,011,000	40,764,973,000	312,817,182,000	298,255,793,000	278,332,783,000	255,929,590,000	255,929,590,000	237,881,871,000	234,888,990,000	227,453,292,000	227,453,292,000	236,174,364,000	239,005,736,000	207,282,494,000	207,282,494,000	207,912,713,000	203,723,007,000	193,458,393,000	193,458,393,000	181,788,314,000	180,528,145,000	179,478,661,000	179,478,661,000	180,731,145,000	180,621,255,000	173,784,064,000	173,784,064,000	170,116,854,000	167,953,634,000	172,564,948,000	172,564,948,000	155,024,028,000	139,662,229,000	131,907,507,000	131,907,507,000	119,541,824,000	113,820,004,000	118,323,395,000	118,323,395,000	101,668,649,000	97,478,577,000	86,309,425,000	86,309,425,000	81,968,185,000	76,416,623,000	76,396,205,000	76,396,205,000	57,051,102,000	67,087,121,000	60,077,404,000	60,077,404,000	57,051,102,000	55,318,825,000	54,725,155,000	54,725,155,000	27,876,812	56,861,570,000	55,530,942,000	55,530,942,000	30,593,801,000	46,860,162,000	42,277,146,552	46,860,162,000	27,004,715,000	33,394,055,579	29,408,578,173	29,408,578,173	28,263,952,447	29,516,319,069	27,386,420,773	27,386,420,773	25,548,079,569	16,444,805,224	15,053,267,109	15,053,267,109	13,977,553,764	14,090,793,837	13,399,711,801	13,034,123,001	12,360,230,546	12,273,239,443	11,562,130,171	11,263,610,304	10,835,694,052	9,725,961,523	9,501,133,803	9,243,735,771	8,575,757,572	7,878,160,938	7,824,480,362	7,695,749,457	6,924,778,759	6,731,182,782	6,592,954,982	7,065,743,461	7,274,549,113	6,941,083,923	6,836,697,258	7,391,891,895	7,462,321,148	-	-
Total Permanent Equity	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Stockholder Equity	38,089,512,000	37,533,418,000	36,542,639,000	36,917,563,000	39,088,903,000	36,522,763,000	33,281,636,000	32,234,347,000	32,234,347,000	30,261,139,000	29,004,880,000	26,545,229,000	26,545,229,000	27,997,267,000	26,472,884,000	26,883,919,000	26,883,919,000	26,990,351,000	25,394,216,000	24,848,920,000	24,848,920,000	23,151,113,000	22,739,386,000	23,112,964,000	23,112,964,000	22,116,848,000	21,830,982,000	21,267,583,000	21,267,583,000	19,894,820,000	19,337,178,000	19,279,449,000	19,279,449,000	19,310,887,000	18,085,332,000	16,817,354,000	16,817,354,000	15,966,246,000	15,358,735,000	12,492,846,000	12,492,846,000	11,999,687,000	11,674,659,000	11,606,955,000	11,606,955,000	11,145,467,000	10,716,543,000	8,993,360,000	8,993,360,000	7,549,109,000	8,007,601,000	7,947,140,000	7,947,140,000	7,549,109,000	7,102,317,000	7,032,829,000	7,032,829,000	-	6,213,489,000	6,116,845,000	6,116,845,000	5,472,676,000	5,199,270,000	4,451,368,795	5,199,270,000	4,716,245,000	3,503,355,702	3,482,642,723	3,482,642,723	3,273,101,558	3,141,962,316	3,378,441,502	3,378,441,502	3,229,244,325	2,237,609,989	2,050,957,994	2,050,957,994	1,876,862,599	1,695,649,418	1,653,347,311	1,637,344,377	1,550,432,276	1,478,873,240	1,284,023,668	1,283,667,620	988,668,555	1,019,230,768	972,789,117	970,387,245	979,020,979	935,632,186	905,311,777	865,771,814	862,831,858	830,107,525	1,013,698,629	708,065,545	727,454,911	791,608,392	811,009,175	829,888,713	759,936,407	-	-
Treasury Stock	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Warrants	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Cash Flow

Currency in COP. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31
Begin Period Cash Flow	31,645,291,000	25,329,846,000	23,701,149,000	23,738,042,000	18,730,810,000	18,165,644,000	20,460,245,000	18,805,577,000	13,466,783,000	15,408,646,000	8,169,097,000	7,728,997,000	6,155,034,000	7,372,359,000	5,619,575,000	2,006,366,000	2,006,366,000	1,652,232,201	1,249,784,642	1,418,949,424	824,058,190	713,467,048	719,817,768	722,595,080	781,102,998	394,435,612
Capital Expenditures	2,412,123,000	3,538,855,000	2,185,800,000	1,530,153,000	1,555,453,000	1,014,093,000	1,132,015,000	1,082,522,000	961,827,000	1,897,568,000	1,894,824,000	1,226,895,000	1,403,734,000	1,148,453,000	364,131,000	590,568,000	590,568,000	198,368,613	398,444,374	94,500,981	282,765,065	143,266,476	93,394,078	0	76,292,135	399,682,035
Cash And Cash Equivalents Changes	-	-	-	-	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash Flows Other Operating	-	-	-	-	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change In Cash	8,154,318,000	6,315,445,000	1,628,697,000	-36,893,000	5,007,232,000	565,166,000	-2,294,601,000	1,654,668,000	5,338,794,000	-1,966,517,000	7,239,549,000	440,100,000	1,573,963,000	-1,217,325,000	1,752,784,000	3,222,021,000	3,222,021,000	263,917,041	480,827,719	-193,352,978	578,995,133	137,535,816	-6,833,713	-2,237,136	-116,501,873	357,710,652
Change In Working Capital	4,815,748,000	-5,358,683,000	-2,460,031,000	5,037,322,000	2,912,523,000	-6,573,248,000	-4,415,969,000	-3,116,519,000	-4,423,249,000	-10,024,468,000	2,298,976,000	-705,200,000	-6,051,294,000	-5,124,057,000	3,670,539,000	-13,731,039,000	-13,731,039,000	-6,431,282,879	-8,126,440,425	174,188,345	45,781,011	91,690,544	25,056,948	-26,845,638	-114,803,371	-689,984,102
Change Receivables	-	-	-	-	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change To Account Receivables	-525,550,000	515,052,000	-489,266,000	-408,015,000	-185,220,000	-423,960,000	338,211,000	263,871,000	-680,752,000	-354,295,000	-78,735,000	-487,850,000	-361,071,000	-3,435,000	123,706,000	-344,052,000	-344,052,000	-	-	-	-	-	-	-	-	-
Change To Inventory	-11,501,777,000	-	-24,611,401,000	-7,486,103,000	-13,088,167,000	-12,546,419,000	-11,116,825,000	-10,693,436,000	-14,974,407,000	-12,680,305,000	-9,905,422,000	-10,966,371,000	-13,446,105,000	-8,125,724,000	1,979,226,000	-7,990,256,000	-	-	-	-	-	-	-	-	-	-
Change To Liabilities	-	0	1,271,347,000	-797,207,000	-977,266,000	-273,855,000	-629,990,000	445,570,000	-359,628,000	-554,738,000	119,020	223,491	119,497	-	-	40,025	402,221	-	259,713	124,532	-	-	-	-	-	-
Change To Netincome	-	-	3,613,374,000	5,180,662,000	5,613,383,000	5,026,183,000	4,307,524,000	3,369,707,000	3,279,527,000	1,877,675,000	776,454,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change To Operating Activities	-	-37,614,027,000	-24,855,603,000	-7,657,975,000	-13,054,128,000	-13,614,927,000	-10,643,019,000	-10,165,599,000	-15,590,703,000	-14,063,469,000	-10,000,000,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation	1,082,838,000	949,448,000	855,167,000	736,367,000	677,253,000	467,777,000	433,033,000	482,902,000	481,558,000	1,212,161,000	771,967,000	540,682,000	394,689,000	343,095,000	364,607,000	232,911,000	232,911,000	140,827,454	164,803,251	84,610,389	123,878,029	91,690,544	102,505,695	100,671,141	91,421,349	88,553,259
Dividends Paid	-3,298,183,000	2,310,666,000	467,217,000	1,555,821,000	1,032,492,000	735,798,000	1,126,209,000	840,242,000	785,332,000	713,679,000	632,004,000	583,421,000	526,773,000	501,688,000	491,604,000	403,163,000	403,163,000	353,110,969	216,912,647	153,877,351	72,711,017	48,710,602	20,501,139	-	-	51,669,316
End Period Cash Flow	39,799,609,000	31,645,291,000	25,329,846,000	23,701,149,000	23,738,042,000	18,730,810,000	18,165,644,000	20,460,245,000	18,805,577,000	13,442,129,000	15,408,646,000	8,169,097,000	7,728,997,000	6,155,034,000	7,372,359,000	5,228,387,000	5,228,387,000	1,916,149,243	1,730,612,361	1,225,596,446	1,403,053,323	851,002,864	712,984,055	720,357,943	664,601,125	752,146,264
Exchange Rate Changes	-	-	-	-	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow	16,740,961,000	3,025,371,000	3,909,505,000	9,700,192,000	10,760,159,000	28,765,000	1,807,573,000	2,518,896,000	894,899,000	-7,650,756,000	3,371,261,000	579,561,000	-5,342,828,000	-4,214,944,000	5,309,864,000	-12,740,143,000	-12,740,143,000	-5,697,267,484	-7,715,430,843	467,375,582	301,616,069	404,011,461	277,904,328	13,422,819	-19,028,090	-804,769,476
Investments	-159,689,000	-4,654,502,000	-650,486,000	-6,154,543,000	-2,190,832,000	-1,381,842,000	-1,908,080,000	-1,027,627,000	165,007,000	1,279,704,000	-2,102,876,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Borrowings	-	-	-4,885,552,000	-3,318,425,000	-4,228,200,000	-357,082,000	-2,494,700,000	496,403,000	581,939,000	-281,829,000	5,586,976,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	6,214,971,000	6,996,365,000	4,207,787,000	315,359,000	3,214,567,000	2,786,435,000	2,754,173,000	2,954,947,000	2,608,898,000	1,878,721,000	1,515,127,000	1,702,046,000	1,663,894,000	1,436,494,000	1,256,850,000	1,086,923,000	1,086,923,000	715,826,385	947,202,821	567,671,666	455,117,105	209,169,054	157,175,399	-114,093,960	-220,906,368	-11,128,776
Other Cashflows From Financing Activities	11,900,362,000	15,895,556,000	4,112,856,000	17,082,091,000	12,823,858,000	16,362,065,000	16,517,364,000	17,340,118,000	15,087,310,000	5,183,867,000	6,692,489,000	2,612,214,000	7,170,979,000	4,265,021,000	186,881,000	15,936,587,000	15,936,587,000	3,913,247,812	11,159,221,024	1,473,226,947	1,992,820,459	1,954,154,726	1,362,186,789	861,297,541	231,307,117	4,246,263,913
Other Cashflows From Investing Activities	-	-1,115,647,000	1,535,314,000	-106,269,000	-114,221,000	-127,236,000	-92,177,000	-132,869,000	1,103,812,000	-48,972,000	-48,972,000	23,558	22,604	-	28,527	16,927	73,887	6,629	31,614	57,039	-	-	-	-	-	-
Other Non Cash Items	-16,666,011,000	1,228,675,000	-9,720,586,000	-9,452,131,000	-9,396,137,000	-10,058,404,000	-9,385,225,000	-9,118,255,000	-6,999,674,000	27,372,000	88,501,000	268,928,000	53,617,000	277,977,000	381,999,000	261,630,000	261,630,000	75,730,169	-302,552,116	-264,593,838	-40,395,009	154,727,794	86,560,365	53,691,275	301,552,435	207,472,178
Sale Purchase Of Stock	-	-	-	-	0	0	0	0	-28,081,000	2,625,585,000	2,625,585,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock Based Compensation	21,772,983,000	-	11,436,743,000	14,600,014,000	13,644,442,000	13,590,863,000	12,263,758,000	10,972,005,000	9,378,708,000	1,073,747,000	665,700,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Cash From Financing Activities	-5,430,672,000	853,436,000	-6,809,972,000	-4,915,440,000	-5,260,692,000	-732,711,000	-3,620,909,000	-343,839,000	-231,474,000	1,606,641,000	4,954,972,000	-502,754,000	5,898,518,000	3,047,868,000	-2,942,736,000	15,563,424,000	15,563,424,000	3,230,066,284	10,942,308,377	1,319,349,596	1,920,109,442	1,905,444,124	1,341,685,650	834,451,903	201,383,896	4,194,594,597
Total Cash From Operating Activities	19,153,084,000	6,564,226,000	6,095,305,000	11,230,345,000	12,315,612,000	1,042,858,000	2,939,588,000	3,601,418,000	1,856,726,000	-5,753,188,000	5,266,085,000	1,806,456,000	-3,939,094,000	-3,066,491,000	5,673,995,000	-12,149,575,000	-12,149,575,000	-5,498,898,871	-7,316,986,469	561,876,563	584,381,135	547,277,936	371,298,406	13,422,819	57,264,045	-405,087,441
Total Cashflows From Investing Activities	-	-4,654,502,000	-650,486,000	-7,522,067,000	-2,190,832,000	-1,381,842,000	-1,908,080,000	-1,027,627,000	141,985,000	24,356	-3,674,064,000	-	-	-	-	-	-	1,231,853	-	-	-	-	-	-	-	-

	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-03-31
Begin Period Cash Flow	625,388,000	28,694,083,000	28,335,431,000	31,645,291,000	25,009,566,000	24,653,901,000	25,668,809,000	-	-	-	-	-	-	3,519,771,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital Expenditures	808,633,000	441,045,000	735,748,000	778,165,000	661,262,000	639,406,000	583,050,000	386,793,000	1,043,450,000	547,983,000	313,599,000	280,768,000	775,568,000	289,416,000	152,404,000	312,765,000	0	397,309,000	151,857,792	222,953,208	462,736,023	239,759,221	239,759,221	239,759,221	381,376	0	0	0	362,104	0	0	0	305,765	0	0	0	801,633	0	0	0	956,205	0	0	0	645,489	0	0	0	659,950	0	0	0	536,918	0	0	0	179,444	0	0	0	347,223	0	0	0	288,906	0	0	0	121,200	0	0	0	257,721	0	0	0	40,903	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash And Cash Equivalents Changes	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash Flows Other Operating	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change In Cash	671,944,000	625,388,000	358,652,000	-3,309,860,000	358,652,000	355,665,000	-1,014,908,000	338,963,000	5,154,681,000	-1,153,719,000	-70,237,000	-2,302,028,000	-1,368,619,000	-2,870,022,000	3,519,771,000	9,535,864,000	0	-1,656,840,479	1,451,558,764	161,218,715	1,378,963,918	924,683,811	924,683,811	924,683,811	-2,294,601,000	-	-	-	1,654,668,000	-	-	-	5,338,794,000	-	-	-	-1,979,194,000	-	-	-	7,239,549,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change In Working Capital	3,276,330,000	282,757,000	661,023,000	-2,914,992,000	14,517,520,000	-330,996,000	1,258,082,000	561,694,000	11,915,906,000	-53,979,000	3,358,473,000	2,394,984,000	21,805,817,000	14,381,577,000	-5,334,116,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change Receivables	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change To Account Receivables	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	113,943	-	-	-	88,265	-	-	-	3,694,000	-	-	-	3,581,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	60,962	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change To Inventory	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	760,933	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change To Liabilities	-	569,531,000	847,818,000	0	0	35,615,000	201,551,000	298,047,000	1,638,049,000	-228,243,000	913,383,000	-1,051,842,000	456,343,000	-593,895,000	198,602,000	-858,257,000	-415,909,000	-561,357,000	0	0	-273,855,000	0	0	0	-629,990,000	0	0	0	149,043	-	-	-	-359,628,000	-	-	-	-554,738,000	-	-	-	119,020	-	-	-	223,491	-	-	-	119,497	-	-	-	-	-	-	-	-	-	-	-	40,025	-	-	-	402,221	-	-	-	-	-	-	-	259,713	-	-	-	124,532	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change To Netincome	-	1,559,166,000	1,538,649,000	1,538,649,000	1,852,953,000	942,628,000	517,435,000	876,955,000	278,786,000	1,176,318,000	862,555,000	1,295,715,000	3,204,143,000	671,575,000	1,143,453,000	161,491,000	2,354,026,000	2,640,438,550	-73,080,176	691,998,626	-424,742,139	2,620,650,450	2,620,650,450	2,620,650,450	4,307,524,000	-	-	-	3,369,707,000	-	-	-	3,279,527,000	-	-	-	1,877,675,000	-	-	-	776,454,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change To Operating Activities	-	-1,918,011,000	-4,985,629,000	-4,985,629,000	-4,985,629,000	-9,310,876,000	-12,688,413,000	-8,332,507,000	-8,325,338,000	-6,688,628,000	-6,751,060,000	-3,090,577,000	-879,643,000	2,602,631,000	-1,267,715,000	-8,113,248,000	-2,842,374,000	-2,329,305,527	-4,314,195,151	-3,568,253,322	-5,383,889,702	-1,884,791,264	-1,884,791,264	-1,884,791,264	-10,643,019,000	-	-	-	-10,165,599,000	-	-	-	-15,590,703,000	-	-	-	-14,063,469,000	-	-	-	-10,000,000,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation	296,881,000	269,664,000	261,212,000	250,601,000	261,212,000	242,548,000	220,499,000	216,067,000	248,581,000	219,849,000	193,695,000	193,042,000	202,023,000	175,203,000	177,523,000	181,618,000	0	167,941,639	131,329,565	183,595,796	92,851,034	154,575,167	154,575,167	154,575,167	433,033,000	-	-	-	482,902,000	-	-	-	481,558,000	-	-	-	435,214,000	-	-	-	717,546,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-849,429,000	-849,819,000	-849,450,000	-749,485,000	849,450,000	749,811,000	748,948,000	62,503,000	61,517,000	62,519,000	62,602,000	280,579,000	280,853,000	280,854,000	731,312,000	262,802,000	0	263,436,219	261,931,202	245,478,579	245,215,216	245,277,196	245,277,196	245,277,196	379,420	-	-	-	281,061	-	-	-	249,657	-	-	-	303,670	-	-	-	328,200	-	-	-	332,550	-	-	-	272,868	-	-	-	257,215	-	-	-	242,262	-	-	-	202,935	-	-	-	197,227	-	-	-	171,742	-	-	-	94,845	-	-	-	66,603	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
End Period Cash Flow	671,944,000	625,388,000	28,694,083,000	28,335,431,000	31,645,291,000	25,009,566,000	24,653,901,000	25,668,809,000	-	-	-	-	-	-	3,519,771,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Exchange Rate Changes	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow	5,641,519,000	2,511,567,000	3,208,820,000	-314,619,000	-	1,559,400,000	2,761,639,000	-	-	-	-	-	-	-	-152,404,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investments	-	-74,125,000	302,938,000	302,938,000	302,938,000	207,772,000	677,588,000	-1,232,869,000	-207,203,000	1,808,733,000	-347,336,000	-119,006,000	-2,394,053,000	-1,468,650,000	-2,890,050,000	598,210,000	0	-231,860,650	260,415,108	-241,545,458	147,604,362	-402,290,409	-402,290,409	-402,290,409	-1,251,098,000	-	-	-	-145,396,000	-	-	-	165,007,000	-	-	-	1,279,704,000	-	-	-	-2,102,876,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Borrowings	-	-2,585,669,000	864,119,000	864,119,000	864,119,000	-315,026,000	2,096,003,000	2,256,366,000	-3,975,671,000	4,152,882,000	-2,278,506,000	-2,784,257,000	-1,710,252,000	-4,619,674,000	1,801,260,000	1,210,241,000	-4,961,718,000	1,296,511,572	403,894,227	-966,887,799	-1,597,487,444	1,034,454,538	1,034,454,538	1,034,454,538	-2,494,700,000	-	-	-	496,403,000	-	-	-	581,939,000	-	-	-	-281,829,000	-	-	-	5,586,976,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	1,447,907,000	1,491,759,000	1,460,491,000	1,716,777,000	1,642,695,000	1,629,245,000	1,779,695,000	1,731,858,000	1,444,744,000	942,620,000	1,156,915,000	-266,232,000	-266,232,000	279,639,000	-73,297,000	335,884,000	469,253,000	878,581,000	936,189,000	833,328,000	1,002,169,016	543,218,741	591,716,338	521,759,905	297,684	166,375	206,306	210,629	354,899	223,278	247,873	132,402	190,774	94,968	267,773	247,240	102,708	177,553	260,435	258,700	249,389	173,471	94,369	269,576	283,904	239,104	197,639	249,519	250,898	197,292	227,218	186,489	172,969	230,397	154,858	178,266	155,137	197,914	141,004	125,321	118,592	124,732	199,305	142,678	144,311	156,939	134,025	96,448	158,538	86,523	11,545	91,550	112,987	120,543	105,625	75,011	133,132	91,720	70,020	45,278	56,244	25,778	42,739	41,025	72,000	11,000	23,000	14,000	18,000	21,000	16,000	8,000
Other Cashflows From Financing Activities	-1,658,225,000	3,677,095,000	2,025,019,000	3,162,926,000	8,689,588,000	6,141,387,000	6,375,827,000	3,751,302,000	15,692,174,000	-3,059,797,000	6,699,446,000	-1,498,886,000	5,560,178,000	1,061,126,000	5,345,758,000	11,870,056,000	9,797,063,000	-3,754,648,136	4,451,780,472	3,823,101,664	6,566,398,583	-1,238,190,689	-1,238,190,689	-1,238,190,689	8,456,681,000	-	-	-	5,117,996,000	-	-	-	9,797,802,000	-	-	-	2,869,712,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,897,450	-	-	-	2,244,224	-	-	-	2,853,102	-	-	-	692,148	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Cashflows From Investing Activities	-	-67,124,000	-74,486,000	-74,486,000	-74,486,000	-67,885,000	-42,701,000	-31,603,000	-70,141,000	-32,001,000	-22,020,000	-20,186,000	-33,407,000	-31,645,000	-24,727,000	-16,490,000	-49,954,000	-64,260,860	12,876,541	-12,882,681	-109,448,800	-17,650,000	-17,650,000	-17,650,000	-92,177,000	-	-	-	-132,869,000	-	-	-	-134,471,000	-	-	-	-48,972,000	-	-	-	-48,972,000	-	-	-	23,558	-	-	-	22,604	-	-	-	-	-	-	-	28,527	-	-	-	16,927	-	-	-	73,887	-	-	-	6,629	-	-	-	31,614	-	-	-	57,039	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Non Cash Items	1,429,034,000	908,432,000	1,561,842,000	1,411,160,000	-	658,009,000	86,413,000	-	-	-	-	266,232,000	266,232,000	-279,639,000	5,229,890,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sale Purchase Of Stock	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-9,000	-	-	-	2,625,585,000	-	-	-	2,625,585,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Cash From Financing Activities	7,740,185,000	287,805,000	1,177,881,000	2,430,059,000	1,175,569,000	5,433,065,000	5,626,879,000	5,945,165,000	11,654,986,000	1,030,566,000	4,358,338,000	-4,563,722,000	3,569,073,000	-3,839,402,000	3,544,498,000	12,817,495,000	0	-2,721,572,783	4,593,743,497	2,610,735,286	4,723,695,923	-449,013,347	-449,013,347	-449,013,347	4,835,772,000	-	-	-	4,774,157,000	-	-	-	9,566,328,000	-	-	-	683,626	-	-	-	2,573,117	-	-	-	-	-	-	-	3,055,432	-	-	-	1,562,642	-	-	-	-	-	-	-	907,302	-	-	-	7,613,627	-	-	-	1,571,007	-	-	-	4,784,535	-	-	-	571,058	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Cash From Operating Activities	6,450,152,000	2,952,612,000	3,944,568,000	463,546,000	2,184,970,000	2,198,806,000	3,344,689,000	-2,769,315,000	-6,149,327,000	-4,017,183,000	-4,182,647,000	1,154,322,000	-77,778,000	3,007,407,000	-3,484,847,000	-9,221,541,000	3,206,978,000	-29,575,452	-3,319,757,037	-1,859,330,511	-4,372,373,791	1,433,653,094	1,433,653,094	1,433,653,094	990,347	-	-	-	1,204,674	-	-	-	590,253	-	-	-	-9,537,128,000	-	-	-	2,734,678	-	-	-	1,029,680	-	-	-	-	-	-	-	-	-	-	-	2,796,144	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	243,199	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Cashflows From Investing Activities	-	-478,678,000	-393,227,000	-393,227,000	-2,179,191,000	-1,102,681,000	246,896,000	-1,619,526,000	-1,206,857,000	1,467,521,000	-631,241,000	-279,909,000	-2,015,983,000	-2,830,668,000	-3,048,138,000	372,722,000	-1,304,260,000	-745,218,479	-19,022,238	-122,331,283	-157,128,449	-673,233,800	-673,233,800	-673,233,800	-1,908,080,000	-	-	-	-1,027,627,000	-	-	-	45,137	-	-	-	24,356	-	-	-	-3,674,064,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,231,853	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Income Statement

Currency in COP. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31
Cost Of Revenue	-	4,896,065,000	-	-	0	16,302,000	-214,041,000	-122,273,000	-172,778,000	1,963,480	2,225,099	2,261,406	86,700,000	-1,549,000	918,761,000	1,772,551	1,281,684	669,619	557,182	309,671	251,289	223,000	281,000	274,000	-	-
Depreciation And Amortization	1,124,859,000	949,448,000	855,167,000	736,367,000	824,590,000	493,902,000	478,883,000	517,809,000	477,285,000	934,927,000	507,736,000	365,292,000	274,242,000	251,710,000	254,258,000	232,911,000	232,911,000	140,827,454	164,803,251	84,610,389	123,878,029	91,690,544	102,505,695	100,671,141	91,421,349	88,553,259
Discontinued Operations	-	-	-	-	0	0	0	163,497,000	22,513,000	62,867,000	62,867,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Ebit	15,080,000	17,024,933,000	5,863,020,000	269,408,000	4,380,315,000	9,132,390,000	10,040,734,000	10,060,353,000	7,210,354,000	5,985,817,000	5,318,579,000	5,239,370,000	4,296,864,000	3,607,877,000	5,174,628,000	3,450,896,000	3,450,896,000	2,073,033,998	2,375,477,856	1,376,543,425	982,945,226	719,197,707	717,539,864	371,364,654	561,704,121	915,103,339
Ebitda	1,139,939,000	17,974,381,000	6,718,187,000	1,005,775,000	5,204,905,000	9,626,292,000	10,519,617,000	10,578,162,000	7,687,639,000	6,920,744,000	5,826,315,000	5,604,662,000	4,571,106,000	3,859,587,000	5,428,886,000	3,683,807,000	3,683,807,000	2,213,861,451	2,540,281,106	1,461,153,814	1,106,823,255	810,888,251	820,045,559	472,035,795	653,125,470	1,003,656,598
Effect Of Accounting Charges	-	-	-	-	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Extraordinary Items	-	-	-	-	0	0	0	163,497,000	22,513,000	62,867,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross Profit	47,076,707,000	19,309,628,000	17,360,890,000	15,721,566,000	15,822,030,000	14,482,569,000	14,621,478,000	13,541,577,000	10,621,282,000	9,339,578,000	7,621,146,000	7,259,856,000	6,263,409,000	5,503,480,000	4,872,626,000	4,285,552,000	4,285,552,000	3,029,420,571	3,224,402,880	1,920,971,380	1,626,572,374	1,229,226,360	1,068,337,131	816,554,812	735,578,653	877,424,484
Income Before Tax	8,034,411,000	9,744,786,000	5,984,012,000	308,773,000	4,477,531,000	3,615,870,000	3,992,771,000	3,968,282,000	3,235,635,000	2,467,796,000	1,932,222,000	2,169,120,000	2,134,411,000	1,944,911,000	1,718,863,000	1,448,806,000	1,448,806,000	882,843,704	1,224,811,890	801,939,671	517,056,119	252,148,997	189,066,059	-87,248,322	-193,642,323	-794,913
Income Tax Expense	1,932,555,000	2,748,421,000	1,776,225,000	-6,586,000	1,262,964,000	829,435,000	1,238,598,000	1,176,832,000	649,250,000	589,075,000	417,095,000	467,074,000	470,517,000	508,417,000	462,013,000	361,883,000	361,883,000	167,017,319	277,609,069	234,268,004	61,939,014	42,979,943	31,890,661	26,845,638	27,264,045	10,333,863
Interest Expense	16,668,295,000	8,442,470,000	4,351,556,000	5,863,008,000	6,179,794,000	5,670,216,000	6,232,986,000	6,053,100,000	4,037,941,000	3,240,787,000	3,122,126,000	2,894,860,000	2,042,006,000	1,571,581,000	2,625,416,000	2,002,090,000	2,002,090,000	1,190,190,294	1,150,665,966	574,603,754	465,889,107	467,048,710	528,473,805	458,612,976	755,346,444	915,898,252
Interest Income	35,579,902,000	25,434,247,000	15,665,191,000	16,473,792,000	16,856,244,000	15,731,890,000	16,160,254,000	15,204,621,000	11,237,809,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Minority Interest	-117,603,000	-212,875,000	-120,992,000	1,569,984,000	1,921,700,000	1,806,305,000	1,316,586,000	1,209,397,000	1,128,470,000	494,573,000	9,018	3,262	5,880	6,777	7,432	8,395	6,480	2,951	2,841	1,030	-	-	1,000	1,000	-	-
Net Income	6,116,936,000	6,783,490,000	4,086,795,000	275,994,000	3,117,351,000	2,658,864,000	2,615,000,000	2,865,328,000	2,518,890,000	1,878,721,000	1,515,127,000	1,702,046,000	1,663,894,000	1,436,494,000	1,256,850,000	1,086,923,000	1,086,923,000	715,826,385	947,202,821	567,671,666	455,117,105	209,169,054	157,175,399	-114,093,960	-220,906,368	-11,128,776
Net Income Applicable To Common Shares	-	6,783,490,000	4,086,795,000	275,994,000	3,117,351,000	2,658,864,000	2,615,000,000	2,865,328,000	2,518,890,000	799,396	786,805	970,166	861,897	736,490	619,376	585,307	531,723	348,156	414,166	245,707	165,786	72,000	66,000	-	-	-
Net Income From Continuing Ops	6,429,325,000	6,996,365,000	4,207,787,000	315,359,000	3,214,567,000	2,786,435,000	2,754,173,000	2,791,450,000	2,586,385,000	2,366,918,000	1,532,491,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Interest Income	19,973,207,000	16,991,777,000	11,313,635,000	10,610,784,000	11,383,659,000	10,468,859,000	10,525,074,000	9,700,455,000	7,199,868,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non Operating Income Net Other	-	-	-	-	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non Recurring	-	-	-	-	0	0	160,000	172,000	150,000	193,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Income	15,080,000	17,024,933,000	5,863,020,000	269,408,000	4,380,315,000	9,158,515,000	10,040,734,000	10,060,353,000	374,039,000	5,985,817,000	5,318,579,000	5,239,370,000	4,296,864,000	3,607,877,000	5,174,628,000	3,450,896,000	3,450,896,000	2,073,033,998	2,375,477,856	1,376,543,425	982,945,226	719,197,707	717,539,864	371,364,654	561,704,121	915,103,339
Other Items	-	-	-	-	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	39,206,567,000	4,914,523,000	-11,497,870,000	-15,452,158,000	11,441,715,000	5,324,054,000	214,041,000	122,273,000	404,759,000	4,554,047,000	4,157,082,000	3,818,793,000	3,591,439,000	2,931,296,000	918,761,000	1,905,237,000	1,905,237,000	956,386,573	848,925,024	544,427,955	643,627,148	510,028,653	350,797,267	445,190,158	173,874,532	37,678,855
Preferred Stock And Other Adjustments	-	-	-	-	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Reconciled Depreciation	1,082,838,000	949,448,000	855,167,000	736,367,000	677,253,000	467,777,000	433,033,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Research Development	-	-	-	-	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling And Marketing Expenses	175,690,000	185,122,000	153,066,000	128,011,000	151,246,000	-	-	-	-	-	-	-	187,347,000	-	-	68,222,000	68,222,000	-	-	-	-	11,461,318	-	-	9,973,783	14,626,391
Selling General Administrative	10,194,352,000	8,977,556,000	7,304,516,000	6,185,519,000	6,435,882,000	6,028,823,000	5,771,878,000	5,460,265,000	4,492,989,000	4,612,815,000	4,120,019,000	3,783,578,000	3,241,337,000	2,846,769,000	2,640,887,000	1,805,014,000	1,805,014,000	659,084,884	615,331,886	403,819,329	333,932,077	286,532,951	250,569,476	230,425,056	264,271,536	264,705,882
Tax Provision	1,769,729,000	2,748,421,000	1,776,225,000	-6,586,000	1,262,964,000	829,435,000	1,238,598,000	1,176,832,000	649,250,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Operating Expenses	8,091,836,000	18,458,000	-11,497,870,000	-15,452,158,000	-11,441,715,000	-5,324,054,000	-4,794,785,000	-3,603,497,000	-231,981,000	4,554,047,000	4,157,082,000	3,818,793,000	3,504,739,000	2,932,845,000	302,002,000	1,905,237,000	1,905,237,000	-956,386,573	-848,925,024	-544,427,955	-643,627,148	-510,028,653	-350,797,267	-445,190,158	-173,874,532	37,678,855
Total Other Income Expense Net	8,034,411,000	-7,280,147,000	120,992,000	39,365,000	97,216,000	-5,542,645,000	-6,047,963,000	-6,092,071,000	956,289,000	-3,518,021,000	-3,386,357,000	-3,070,250,000	-2,162,453,000	-1,662,966,000	-3,455,765,000	-2,002,090,000	-2,002,090,000	-1,190,190,294	-1,150,665,966	-574,603,754	-465,889,107	-467,048,710	-528,473,805	-458,612,976	-755,346,444	-915,898,252
Total Revenue	47,076,707,000	24,205,693,000	17,360,890,000	15,721,566,000	15,822,030,000	14,498,871,000	14,621,478,000	13,541,577,000	10,621,282,000	9,339,578,000	7,621,146,000	7,259,856,000	6,350,109,000	5,503,480,000	5,791,387,000	4,285,552,000	4,285,552,000	3,029,420,571	3,224,402,880	1,920,971,380	1,626,572,374	1,229,226,360	1,068,337,131	816,554,812	735,578,653	877,424,484

	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31	1999-09-30	1999-06-30	1999-03-31	1998-12-31	1998-09-30	1998-06-30	1998-03-31
Cost Of Revenue	-	-	-	4,896,065,000	4,896,065,000	-	-	-	-	-	-	-	-	-	139,415,000	-1,000	-1,000	450,978,000	0	0	585,377,000	801,615	772,740	830,202	788,539	907,021	751,955	820,983	716,056	857,376	701,699	-597,635,000	-597,635,000	347,271	481,451	140,125,000	140,125,000	527,463	600,596	554,853	537,420	553,198	545,043	105,859,000	105,859,000	556,366	563,108	471,156	463,314	302,151	340,810	260,428	168,632	322,954	295,272	281,694	287,664	502,864	581,455	465,674	540,972	324,664	460,012	446,903	370,317	348,770	328,444	234,153	220,606	197,464	107,354	144,195	139,105	150,210	135,857	132,010	158,646	123,873	134,743	60,608	79,314	52,633	61,096	58,246	223,000	-	-	-	62,000	74,000	77,000	68,000	15,000	46,000	140,000	73,000	-	-	-	-	-	-	-	-
Depreciation And Amortization	335,972,000	269,664,000	261,212,000	45,516,000	-529,662,000	32,606,000	75,145,000	-44,591,000	-44,591,000	-	-	-	-	-	177,523,000	243,454,000	243,454,000	222,289,000	179,492,000	130,691,000	130,691,000	131,879,000	112,948,000	122,488,000	122,488,000	120,144,000	116,718,000	117,526,000	117,526,000	130,012,000	118,005,000	133,751,000	133,751,000	134,099,000	104,650,000	380,380,000	380,380,000	190,226,000	183,565,000	157,221,000	157,221,000	123,818,000	115,538,000	101,164,000	101,164,000	93,861,000	88,469,000	80,302,000	80,302,000	67,284,000	63,934,000	105,624,000	105,624,000	49,301,000	64,078,000	77,940,000	77,940,000	47,747,000	63,731,000	161,068,000	161,068,000	-	-	-	-	77,342,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued Operations	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	186,722,000	-24,241,000	-3,629,000	4,645,000	22,513,000	0	0	0	62,867,000	0	0	0	62,867,000	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	-	-	-	-	-	-	-	-
Ebit	-69,130,000	1,667,537,000	1,625,607,000	6,282,895,000	5,671,943,000	4,805,074,000	4,129,163,000	3,267,957,000	3,267,957,000	-	-	-	-232,684,000	270,086,000	1,449,384,000	2,286,009,000	2,286,009,000	2,754,331,000	2,797,495,000	2,551,227,000	2,551,227,000	2,153,839,000	2,186,357,000	2,753,063,000	2,753,063,000	2,248,007,000	2,528,425,000	2,636,605,000	2,636,605,000	2,585,788,000	2,555,645,000	1,721,865,000	1,721,865,000	1,685,144,000	1,839,334,000	1,410,579,000	1,410,579,000	1,391,175,000	1,398,511,000	1,435,929,000	1,435,929,000	1,206,673,000	939,724,000	1,330,253,000	1,330,253,000	1,320,842,000	1,165,146,000	1,264,048,000	1,264,048,000	1,053,737,000	981,706,000	946,034,000	946,034,000	886,920,000	791,567,000	1,735,081,000	1,735,081,000	1,061,467,000	1,033,087,000	2,288,886,000	2,288,886,000	214,360,797	520,063,554	0	762,956,572	1,477,029,000	245,445,829	0	304,161,178	212,717,292	100,703,920	0	348,890,802	313,319,032	232,599,791	0	213,517,883	243,484,878	150,548,313	0	151,061,883	132,564,841	140,845,071	0	96,341,631	65,155,807	43,269,231	-	0	60,606,061	36,781,609	0	0	35,398,230	-200,000,000	0	-	-72,144,289	-25,349,650	-	-	9,062,003	-	-
Ebitda	266,842,000	1,937,201,000	1,886,819,000	6,328,411,000	5,142,281,000	4,837,680,000	4,204,308,000	3,223,366,000	3,223,366,000	2,586,462,000	2,562,239,000	989,638,000	989,638,000	1,712,765,000	1,449,384,000	2,529,463,000	2,529,463,000	2,976,620,000	2,976,987,000	2,681,918,000	2,681,918,000	2,285,718,000	2,299,305,000	2,875,551,000	2,875,551,000	2,368,151,000	2,645,143,000	2,754,131,000	2,754,131,000	2,715,800,000	2,673,650,000	1,855,616,000	1,855,616,000	1,819,243,000	1,943,984,000	1,790,959,000	1,790,959,000	1,581,401,000	1,582,076,000	1,593,150,000	1,593,150,000	1,330,491,000	1,055,262,000	1,431,417,000	1,431,417,000	1,414,703,000	1,253,615,000	1,344,350,000	1,344,350,000	1,121,021,000	1,045,640,000	1,051,658,000	1,051,658,000	936,221,000	855,645,000	1,813,021,000	1,813,021,000	1,109,214,000	1,096,818,000	2,449,954,000	2,449,954,000	41,827,876	2,012,188,866	935,511,247	2,012,188,866	1,554,371,000	650,047,938	620,609,477	620,609,477	521,500,458	395,262,888	635,070,681	635,070,681	599,194,060	407,049,634	377,240,906	377,240,906	390,590,325	287,890,633	324,905,018	276,893,353	250,720,461	256,338,028	204,142,012	206,449,832	175,637,394	163,461,538	176,870,749	167,423,314	193,473,193	170,114,943	182,448,037	178,886,778	141,592,920	-94,623,656	144,814,090	54,690,092	94,188,377	162,762,238	240,214,068	258,664,547	251,987,282	1,589,825	1,589,825
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	-	-	-	-	-	-	-	-
Extraordinary Items	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-
Gross Profit	11,817,542,000	6,763,850,000	7,138,579,000	7,373,214,000	1,976,868,000	6,329,105,000	5,722,347,000	4,809,112,000	4,809,112,000	4,371,507,000	4,195,257,000	3,825,526,000	3,825,526,000	3,821,207,000	4,014,068,000	4,003,660,000	4,003,661,000	3,917,908,000	3,990,088,000	3,828,207,000	3,828,207,000	3,589,345,000	3,551,929,000	3,873,142,000	3,873,142,000	3,516,249,000	3,621,405,000	3,538,396,000	3,538,396,000	3,409,049,000	3,353,458,000	2,809,444,000	3,407,079,000	2,467,120,000	2,510,096,000	2,445,960,000	2,445,960,000	2,289,127,000	2,240,254,000	2,094,749,000	2,094,749,000	1,863,563,000	1,632,205,000	1,788,361,000	1,788,361,000	1,910,056,000	1,803,265,000	1,781,035,000	1,781,035,000	1,539,101,000	1,537,996,000	1,505,618,000	1,505,618,000	1,352,218,000	1,331,920,000	-21,202,000	-21,202,000	1,296,365,000	1,664,622,000	2,555,271,000	2,555,271,000	231,233,348	2,143,257,953	1,138,175,192	2,143,257,953	2,060,643,000	880,153,403	943,418,740	943,418,740	777,676,121	599,188,326	891,662,646	891,662,646	901,078,091	562,891,494	558,977,846	558,977,846	507,260,162	377,691,381	471,636,317	476,716,467	380,403,458	436,619,719	369,822,485	382,200,864	297,450,425	298,076,923	281,179,139	310,761,374	265,734,266	239,080,460	247,113,164	239,121,183	196,902,655	180,645,161	195,694,716	107,710	224,448,898	231,993,007	236,238,532	230,206,677	213,990,461	-	-
Income Before Tax	1,991,451,000	1,962,017,000	1,910,490,000	2,348,664,000	1,977,883,000	2,498,808,000	2,639,616,000	2,138,480,000	2,138,480,000	1,546,938,000	1,526,747,000	-232,684,000	-232,684,000	270,086,000	-211,302,000	725,128,000	725,128,000	1,200,227,000	1,286,662,000	1,143,244,000	1,143,244,000	799,155,000	818,284,000	1,314,228,000	1,314,228,000	713,361,000	966,444,000	855,613,000	855,613,000	1,026,481,000	1,107,064,000	816,621,000	816,621,000	617,839,000	897,920,000	529,812,000	529,812,000	576,227,000	648,449,000	632,792,000	632,792,000	447,745,000	172,339,000	536,133,000	536,133,000	570,401,000	468,374,000	637,196,000	637,196,000	510,768,000	517,235,000	553,812,000	553,812,000	499,797,000	407,896,000	522,262,000	522,262,000	460,872,000	306,731,000	621,107,000	621,107,000	214,360,797	762,956,572	370,947,400	762,956,572	704,609,000	245,445,829	304,161,178	304,161,178	212,717,292	100,703,920	348,890,802	348,890,802	313,319,032	232,599,791	213,517,883	213,517,883	243,484,878	150,548,313	193,894,930	151,061,883	132,564,841	140,845,071	94,674,556	96,341,631	65,155,807	43,269,231	49,886,621	37,550,908	60,606,061	36,781,609	53,117,783	58,769,377	35,398,230	-200,000,000	19,569,472	-107,469,978	-72,144,289	-25,349,650	11,773,700	-20,985,692	9,062,003	-	-
Income Tax Expense	474,414,000	445,442,000	426,328,000	586,371,000	311,588,000	836,957,000	784,776,000	649,145,000	649,145,000	581,243,000	339,389,000	16,349,000	16,349,000	-10,882,000	-128,704,000	244,495,000	244,495,000	304,210,000	323,117,000	109,853,000	109,853,000	213,442,000	195,002,000	345,556,000	345,556,000	245,307,000	281,050,000	-125,866,000	-125,866,000	388,950,000	362,900,000	98,904,000	98,904,000	82,454,000	203,336,000	42,242,000	42,242,000	160,711,000	181,165,000	144,052,000	144,052,000	123,820,000	-37,387,000	68,371,000	68,371,000	136,185,000	113,876,000	133,354,000	133,354,000	86,326,000	131,708,000	124,685,000	124,685,000	124,664,000	116,646,000	150,858,000	150,858,000	139,674,000	53,608,000	154,789,000	154,789,000	17,171,259	233,778,940	141,140,962	233,778,940	132,115,000	69,031,639	32,067,639	32,067,639	38,883,806	32,728,774	92,362,051	92,362,051	43,453,004	62,801,944	64,335,850	64,335,850	60,871,219	36,976,779	73,365,649	18,711,349	14,409,222	16,901,408	11,834,320	17,484,192	8,498,584	9,615,385	9,070,295	6,249,635	6,993,007	6,896,552	11,547,344	13,571,301	4,424,779	4,301,075	3,913,894	5,219,957	8,016,032	7,342,657	6,727,829	-953,895	3,179,650	-1,589,825	-1,589,825
Interest Expense	793,555,000	4,252,422,000	4,141,013,000	4,025,263,000	3,187,998,000	2,371,478,000	1,639,837,000	1,129,477,000	1,129,477,000	1,062,599,000	1,065,935,000	1,239,521,000	1,239,521,000	1,444,008,000	1,651,385,000	1,572,261,000	1,572,261,000	1,571,540,000	1,538,189,000	1,439,205,000	1,439,205,000	1,397,178,000	1,399,639,000	1,505,606,000	1,505,606,000	1,551,894,000	1,593,836,000	1,631,492,000	1,631,492,000	1,592,914,000	1,459,686,000	1,165,072,000	1,165,072,000	1,061,376,000	941,016,000	877,588,000	877,588,000	814,948,000	750,062,000	803,137,000	803,137,000	758,928,000	767,385,000	794,120,000	794,120,000	750,441,000	696,772,000	626,852,000	626,852,000	542,969,000	464,471,000	392,222,000	392,222,000	387,123,000	383,671,000	1,212,819,000	1,212,819,000	600,595,000	726,356,000	1,667,779,000	1,667,779,000	172,532,921	1,249,232,294	564,563,847	1,249,232,294	772,420,000	404,602,109	316,448,299	316,448,299	308,783,166	294,558,967	286,179,879	286,179,879	285,875,029	174,449,843	163,723,023	163,723,023	147,105,447	137,342,320	131,010,088	125,831,470	118,155,620	115,492,958	109,467,456	110,108,200	110,481,586	120,192,308	126,984,127	129,872,406	132,867,133	133,333,334	129,330,254	120,117,401	106,194,690	105,376,344	125,244,618	162,160,070	166,332,666	188,111,888	228,440,367	279,650,239	242,925,278	-	-
Interest Income	9,044,671,000	8,944,529,000	9,286,957,000	9,191,314,000	8,157,103,000	6,827,461,000	5,607,685,000	4,841,998,000	4,217,109,000	3,889,983,000	3,834,875,000	3,723,224,000	3,680,383,000	4,001,199,000	4,398,526,000	4,393,684,000	4,325,937,000	4,158,045,000	4,285,677,000	4,185,128,000	4,292,436,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Minority Interest	-4,032,000	-24,816,000	-23,671,000	-45,516,000	-23,600,000	-32,606,000	-75,145,000	-81,524,000	-44,591,000	-23,075,000	1,590,132,000	1,587,798,000	1,569,984,000	1,442,574,000	2,035,660,000	2,093,386,000	1,921,700,000	1,952,162,000	1,827,959,377	1,803,388,570	1,806,305,000	1,715,900,725	1,285,815,159	1,237,585,000	22,234	6,435	10,157	8,061	984	9,831	7,316	11,847	14,120	1,646	3,462	9,386	617	0	-849	849	5,152	2,580	621	665	470	599	1,631	562	1,551	1,441	1,231	1,657	567	3,606	1,191	1,413	2,345	5,087	3,002	2,069	2,234	619	3,428	2,114	5,570	910	8,763	3,540	609	774	387	1,181	870	646	556	769	959	196	1,410	69	66	0	-500	500	0	-	-	-	1,000	0	0	0	1,000	0	0	0	-	-	-	-	-	-	-	-
Net Income	1,447,909,000	1,491,759,000	1,460,491,000	1,716,777,000	1,642,695,000	1,629,245,000	1,779,695,000	1,444,744,000	1,444,744,000	942,620,000	1,156,915,000	-266,232,000	-266,232,000	279,639,000	-73,297,000	469,253,000	469,253,000	878,581,000	936,189,000	1,002,169,000	1,002,169,000	543,219,000	591,716,000	901,901,000	901,901,000	450,806,000	653,539,000	1,130,979,000	1,130,979,000	603,924,000	733,059,000	656,352,000	656,352,000	541,314,000	694,982,000	487,570,000	487,570,000	415,516,000	467,284,000	488,740,000	488,740,000	323,925,000	209,726,000	467,762,000	467,762,000	434,216,000	354,498,000	503,842,000	503,842,000	424,442,000	385,527,000	429,127,000	429,127,000	375,133,000	291,250,000	371,404,000	371,404,000	321,198,000	253,123,000	466,318,000	466,318,000	197,189,538	529,177,632	229,806,438	529,177,632	572,494,000	176,414,190	272,093,539	272,093,539	173,833,486	67,975,146	256,528,752	256,528,752	269,866,027	169,797,847	149,182,033	149,182,033	182,613,658	113,571,534	120,529,281	132,350,534	118,155,620	123,943,662	82,840,237	78,857,439	56,657,224	33,653,846	40,816,327	31,301,273	53,613,054	29,885,058	41,570,439	45,198,075	30,973,451	-204,301,075	15,655,577	-112,689,934	-80,160,321	-32,692,308	5,045,872	-20,031,797	5,882,353	1,589,825	1,589,825
Net Income Applicable To Common Shares	-	1,491,759,000	1,460,491,000	1,716,777,000	1,642,695,000	1,629,245,000	1,779,695,000	1,731,858,000	1,444,744,000	942,620,000	1,156,915,000	542,516,000	-266,232,000	279,639,000	-73,297,000	335,884,000	469,253,000	878,581,000	936,189,000	833,328,000	1,002,169,016	543,218,741	591,716,338	521,759,905	297,684	166,375	206,306	210,629	302,886	225,631	244,390	130,855	196,103	90,629	259,626	247,240	102,708	177,553	260,435	258,700	249,389	173,471	94,369	269,576	283,904	239,104	197,639	249,519	250,898	197,292	227,218	186,489	172,969	230,397	154,858	178,266	155,137	197,914	141,004	125,321	118,592	124,732	199,305	142,678	144,311	156,939	134,025	96,448	158,538	86,523	11,545	91,550	112,987	120,543	105,625	75,011	133,132	91,720	70,020	45,278	56,244	25,778	42,739	41,025	72,000	-	-	-	11,000	23,000	14,000	18,000	21,000	16,000	-8,000	8,000	-	-	-	-	-	-	-	-
Net Income From Continuing Ops	1,451,941,000	1,516,575,000	1,484,162,000	1,762,293,000	1,666,295,000	1,661,851,000	1,854,840,000	1,813,382,000	1,489,335,000	965,695,000	1,187,358,000	565,399,000	-249,033,000	280,968,000	-82,598,000	366,022,000	480,633,000	896,017,000	963,545,000	874,372,000	1,033,390,979	585,712,888	623,282,018	544,049,115	3,024,854,000	308,031,000	-1,210,765,000	632,053,000	2,791,450,000	0	0	0	2,586,385,000	0	0	0	2,366,918,000	0	0	0	1,532,491,000	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	-	-	-	-	-	-	-	-
Net Interest Income	4,795,074,000	4,692,107,000	5,145,944,000	5,166,051,000	4,969,105,000	4,455,983,000	3,967,848,000	3,598,841,000	3,087,632,000	2,939,159,000	2,768,940,000	2,629,679,000	2,440,862,000	2,826,500,000	3,101,895,000	2,941,253,000	2,815,760,000	2,816,045,000	2,999,431,000	2,752,423,000	2,853,231,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non Operating Income Net Other	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non Recurring	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	160,000	0	0	0	172,000	0	0	0	150,000	0	0	0	193,000	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	-	-	-	-	-	-	-	-
Operating Income	-69,130,000	1,937,201,000	1,886,819,000	6,282,895,000	5,671,943,000	4,805,074,000	4,129,163,000	3,267,957,000	3,267,957,000	2,586,462,000	2,562,239,000	989,638,000	989,638,000	1,712,765,000	1,449,384,000	2,286,009,000	2,286,009,000	2,754,331,000	2,797,495,000	2,551,227,000	2,551,227,000	2,153,839,000	2,186,357,000	2,753,063,000	2,753,063,000	2,248,007,000	2,528,425,000	2,636,605,000	2,636,605,000	2,585,788,000	2,555,645,000	374,039,000	374,039,000	1,685,144,000	1,839,334,000	1,410,579,000	1,410,579,000	1,391,175,000	1,398,511,000	1,435,929,000	1,435,929,000	1,206,673,000	939,724,000	1,330,253,000	1,330,253,000	1,320,842,000	1,165,146,000	1,264,048,000	1,264,048,000	1,053,737,000	981,706,000	946,034,000	946,034,000	886,920,000	791,567,000	1,735,081,000	1,735,081,000	1,061,467,000	1,033,087,000	2,288,886,000	2,288,886,000	41,827,876	2,012,188,866	935,511,247	2,012,188,866	1,477,029,000	650,047,938	620,609,477	620,609,477	521,500,458	395,262,888	635,070,681	635,070,681	599,194,060	407,049,634	377,240,906	377,240,906	390,590,325	287,890,633	324,905,018	276,893,353	250,720,461	256,338,028	204,142,012	206,449,832	175,637,394	163,461,538	176,870,749	167,423,314	193,473,193	170,114,943	182,448,037	178,886,778	141,592,920	-94,623,656	144,814,090	54,690,092	94,188,377	162,762,238	240,214,068	258,664,547	251,987,282	1,589,825	1,589,825
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	-	-	-	-	-	-	-	-
Other Operating Expenses	9,879,138,000	-4,826,649,000	-5,251,760,000	-1,090,319,000	4,914,523,000	1,524,031,000	1,593,184,000	1,541,155,000	1,541,155,000	1,785,045,000	1,633,018,000	2,835,888,000	2,835,888,000	2,108,442,000	2,564,684,000	1,000	1,000	1,163,577,000	1,192,593,000	1,276,980,000	1,276,980,000	1,435,506,000	1,365,572,000	1,120,079,000	1,120,079,000	1,268,242,000	1,092,980,000	901,791,000	901,791,000	823,261,000	797,813,000	829,616,000	829,616,000	1,215,563,000	1,017,675,000	1,523,863,000	1,523,863,000	1,018,031,000	1,120,408,000	1,106,999,000	1,106,999,000	1,023,935,000	1,012,666,000	1,074,540,000	1,074,540,000	589,214,000	638,119,000	516,987,000	516,987,000	485,364,000	556,290,000	559,584,000	559,584,000	465,298,000	540,353,000	1,756,283,000	1,756,283,000	234,898,000	631,535,000	266,385,000	266,385,000	189,405,472	131,069,087	202,663,945	131,069,087	1,086,081,000	230,105,465	322,809,263	322,809,263	256,175,664	203,925,439	256,591,965	256,591,965	301,884,030	155,841,860	181,736,940	181,736,940	116,669,837	89,800,748	146,731,299	199,823,114	129,682,997	180,281,690	165,680,473	175,751,032	121,813,031	134,615,384	104,308,390	143,338,059	72,261,072	68,965,517	64,665,127	60,234,405	55,309,735	275,268,817	50,880,626	54,582,382	130,260,521	69,230,769	3,975,535	28,457,870	37,996,820	1,589,825	1,589,825
Preferred Stock And Other Adjustments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Reconciled Depreciation	-	-	-	-	-	-	-	-	-	-	-	-	-	-	177,523,000	-	243,454,000	222,289,000	179,492,000	179,355,000	130,691,000	131,879,000	112,948,000	118,384,000	122,488,000	120,144,000	116,718,000	119,533,000	117,526,000	130,012,000	118,005,000	155,487,000	117,437,000	134,099,000	104,650,000	105,631,000	117,022,000	190,226,000	183,565,000	180,756,000	157,221,000	123,818,000	115,538,000	111,159,000	101,164,000	93,861,000	88,469,000	81,798,000	80,302,000	67,284,000	63,934,000	62,890,000	105,624,000	49,301,000	64,078,000	62,890,000	77,940,000	47,747,000	63,731,000	44,647,000	161,068,000	-	-	-	-	77,342,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
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	-	-	-	-	-	-	-	-
Selling And Marketing Expenses	175,690,000	-	39,964,000	27,596,000	-	41,428,000	33,963,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	53,546,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	68,222,000	-	68,222,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,461,318	-	-	-	-	-	-	-	-	-	-	-	9,973,783	-	-	-	14,626,391	-	-	-
Selling General Administrative	2,591,789,000	2,585,930,000	2,552,962,000	2,463,671,000	2,681,353,000	2,211,077,000	2,084,738,000	2,189,984,000	2,189,984,000	1,886,687,000	1,659,014,000	1,634,714,000	1,634,714,000	1,489,604,000	1,390,617,000	1,743,446,000	1,743,446,000	1,577,234,000	1,576,452,000	1,595,202,000	1,595,202,000	1,488,212,000	1,473,630,000	1,396,144,000	1,396,144,000	1,485,343,000	1,485,271,000	1,546,363,000	1,546,363,000	1,311,716,000	1,332,064,000	1,248,898,000	1,248,898,000	1,151,068,000	1,028,104,000	1,359,318,000	1,359,318,000	1,093,470,000	1,116,599,000	1,086,938,000	1,086,938,000	1,028,622,000	1,010,836,000	962,546,000	962,546,000	965,828,000	923,511,000	904,483,000	904,483,000	841,118,000	814,211,000	759,841,000	759,841,000	710,176,000	693,646,000	684,783,000	684,783,000	648,405,000	635,679,000	1,103,061,000	1,103,061,000	807,914,374	1,365,518,533	215,330,442	1,365,518,533	1,058,466,000	184,084,372	158,169,971	158,169,971	171,546,203	168,679,067	155,644,840	155,644,840	157,803,016	106,995,904	112,144,736	112,144,736	96,379,431	95,083,145	96,947,465	68,802,394	86,455,331	90,140,845	85,798,817	82,566,945	67,988,669	74,519,231	68,027,211	66,420,292	60,606,061	59,770,115	64,665,127	35,734,791	61,946,903	66,666,667	62,622,309	61,866,726	64,128,257	66,958,042	67,278,288	71,701,113	61,367,250	-	-
Tax Provision	474,414,000	445,442,000	426,328,000	586,371,000	311,588,000	836,957,000	784,776,000	815,100,000	649,145,000	581,243,000	339,389,000	206,448,000	16,349,000	-10,882,000	-128,704,000	116,651,000	244,495,000	304,210,000	323,117,000	391,142,000	109,853,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Operating Expenses	2,302,859,000	-4,826,649,000	-5,251,760,000	-1,090,319,000	18,458,000	-1,524,031,000	-1,593,184,000	-1,541,155,000	-1,541,155,000	-1,785,045,000	-1,633,018,000	-2,835,888,000	-2,835,888,000	-2,108,442,000	-2,564,684,000	-1,717,652,000	-1,717,652,000	-1,163,577,000	-1,192,593,000	-1,276,980,000	-1,276,980,000	-1,435,506,000	-1,365,572,000	-1,120,079,000	-1,120,079,000	-1,268,242,000	-1,092,980,000	-901,791,000	-901,791,000	-823,261,000	-797,813,000	-231,981,000	-231,981,000	1,215,563,000	1,017,675,000	1,383,738,000	1,383,738,000	1,018,031,000	1,120,408,000	1,106,999,000	1,106,999,000	1,023,935,000	1,012,666,000	968,681,000	968,681,000	-589,214,000	-638,119,000	-516,987,000	-516,987,000	-485,364,000	-556,290,000	-559,584,000	-559,584,000	-465,298,000	-540,353,000	1,756,283,000	1,756,283,000	-234,898,000	-631,535,000	-266,385,000	-266,385,000	-189,405,472	-131,069,087	-202,663,945	-131,069,087	1,086,081,000	-230,105,465	-322,809,263	-322,809,263	-256,175,664	-203,925,439	-256,591,965	-256,591,965	-301,884,030	-155,841,860	-181,736,940	-181,736,940	-116,669,837	-89,800,748	-146,731,299	-199,823,114	-129,682,997	-180,281,690	-165,680,473	-175,751,032	-121,813,031	-134,615,384	-104,308,390	-143,338,059	-72,261,072	-68,965,517	-64,665,127	-60,234,405	-55,309,735	-275,268,817	-50,880,626	54,582,382	-130,260,521	-69,230,769	3,975,535	28,457,870	37,996,820	1,589,825	1,589,825
Total Other Income Expense Net	1,991,451,000	24,816,000	23,671,000	-3,934,231,000	-3,694,060,000	-2,306,266,000	-1,489,547,000	-1,129,477,000	-1,129,477,000	-1,039,524,000	-1,035,492,000	-1,222,322,000	-1,222,322,000	-1,442,679,000	-1,660,686,000	-1,560,881,000	-1,560,881,000	-1,554,104,000	-1,510,833,000	-1,407,983,000	-1,407,983,000	-1,354,684,000	-1,368,073,000	-1,438,835,000	-1,438,835,000	-1,534,646,000	-1,561,981,000	-1,780,992,000	-1,780,992,000	-1,559,307,000	-1,448,581,000	-1,645,646,000	-1,645,646,000	-1,067,305,000	-941,414,000	-880,767,000	-880,767,000	-814,948,000	-750,062,000	-803,137,000	-803,137,000	-758,928,000	-767,385,000	-794,120,000	-794,120,000	-750,441,000	-696,772,000	-626,852,000	-626,852,000	-542,969,000	-464,471,000	-392,222,000	-392,222,000	-387,123,000	-383,671,000	-1,212,819,000	-1,212,819,000	-600,595,000	-726,356,000	-1,667,779,000	-1,667,779,000	172,532,921	-1,249,232,294	-564,563,847	-1,249,232,294	-772,420,000	-404,602,109	-316,448,299	-316,448,299	-308,783,166	-294,558,967	-286,179,879	-286,179,879	-285,875,029	-174,449,843	-163,723,023	-163,723,023	-147,105,447	-137,342,320	-131,010,088	-125,831,470	-118,155,620	-115,492,958	-109,467,456	-110,108,200	-110,481,586	-120,192,308	-126,984,127	-129,872,406	-132,867,133	-133,333,334	-129,330,254	-120,117,401	-106,194,690	-105,376,344	-125,244,618	-162,160,070	-166,332,666	-188,111,888	-228,440,367	-279,650,239	-242,925,278	-	-
Total Revenue	11,817,542,000	6,763,850,000	7,138,579,000	7,373,214,000	6,872,933,000	6,329,105,000	5,722,347,000	4,809,112,000	4,809,112,000	4,371,507,000	4,195,257,000	3,825,526,000	3,825,526,000	3,821,207,000	4,014,068,000	4,003,660,000	4,003,660,000	3,917,908,000	3,990,088,000	3,828,207,000	3,828,207,000	3,589,345,000	3,551,929,000	3,873,142,000	3,873,142,000	3,516,249,000	3,621,405,000	3,538,396,000	3,538,396,000	3,409,049,000	3,353,458,000	2,809,444,000	2,809,444,000	2,467,120,000	2,510,096,000	2,586,085,000	2,586,085,000	2,289,127,000	2,240,254,000	2,094,749,000	2,094,749,000	1,863,563,000	1,632,205,000	1,894,220,000	1,894,220,000	1,910,056,000	1,803,265,000	1,781,035,000	1,781,035,000	1,539,101,000	1,537,996,000	1,505,618,000	1,505,618,000	1,352,218,000	1,331,920,000	-21,202,000	-21,202,000	1,296,365,000	1,664,622,000	2,555,271,000	2,555,271,000	231,233,348	2,143,257,953	1,138,175,192	2,143,257,953	2,060,643,000	880,153,403	943,418,740	943,418,740	777,676,121	599,188,326	891,662,646	891,662,646	901,078,091	562,891,494	558,977,846	558,977,846	507,260,162	377,691,381	471,636,317	476,716,467	380,403,458	436,619,719	369,822,485	382,200,864	297,450,425	298,076,923	281,179,139	310,761,374	265,734,266	239,080,460	247,113,164	239,121,183	196,902,655	180,645,161	195,694,716	107,710	224,448,898	231,993,007	236,238,532	230,206,677	213,990,461	-	-

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

Gross Profit (+$)
totalRevenue	47,076,707,000
Cost of Revenue	--
Gross Profit	47,076,707,000	47,076,707,000

Operating Income (+$)
Gross Profit	47,076,707,000
Operating Expense	-8,091,836,000
Operating Income	15,080,000	38,984,871,000

Operating Expense (+$)
Research Development	-
Selling General Administrative	10,194,352,000
Selling And Marketing Expenses	175,690,000
Operating Expense	8,091,836,000	10,370,042,000

Net Interest Income (+$)
Interest Income	35,579,902,000
Interest Expense	-16,668,295,000
Other Finance Cost	-1,061,600,000
Net Interest Income	19,973,207,000

Pretax Income (+$)
Operating Income	15,080,000
Net Interest Income	19,973,207,000
Other Non-Operating Income Expenses	-
Income Before Tax (EBT)	8,034,411,000	-8,019,331,000 EBIT - interestExpense = -16,653,215,000 8,049,491,000 22,785,231,000
Interest Expense	16,668,295,000
Earnings Before Interest and Taxes (EBIT)	15,080,000	24,702,706,000
Earnings Before Interest and Taxes (EBITDA)	1,139,939,000

After tax Income (+$)
Income Before Tax	8,034,411,000
Tax Provision	-1,769,729,000
Net Income From Continuing Ops	6,429,325,000	6,264,682,000
Net Income	6,116,936,000
Net Income Applicable To Common Shares	-

Non-recurring Events
Discontinued Operations	-
Extraordinary Items	-
Effect of Accounting Charges	-
Other Items	-
Non Recurring	-
Other Operating Expenses	39,206,567,000
Total Other Income/Expenses Net	8,034,411,000	-19,973,207,000

Technical Analysis of Bancolombia SA ADR
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 Bancolombia SA ADR. The general trend of Bancolombia SA ADR is BULLISH with 57.1% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Bancolombia SA ADR'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 Bancolombia SA ADR.

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

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

The bullish price targets are: 37.15.

The bearish price targets are: 31.29 > 29.51 > 29.51.

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Bancolombia SA ADR 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 Bancolombia SA ADR. The current mas is .

The long score for the Moving Averages is 11/14.
The longshort score for the Moving Averages is 8/(-14 +14).

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

Directionalities and relatives.

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

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

Shows the moving average of the selected period.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

There are various kinds of moving averages:

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

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

Simple moving average

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

Source: Tradingview.com

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

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

Exponential moving average

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

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

Where:

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

Smoothed moving average

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

Linear weighted moving average

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

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

Where:

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

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

Source: Tradingview.com

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

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

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

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

Bancolombia SA ADR 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 Bancolombia SA ADR. The current macd is -0.2146691.

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

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

Bancolombia SA ADR 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 Bancolombia SA ADR. The current adx is 23.75.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Bancolombia SA ADR shares, leading to potential downward momentum in its price. -1
PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.

Bancolombia SA ADR 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 Bancolombia SA ADR. The current sar is 34.57.

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

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

Bancolombia SA ADR 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 Bancolombia SA ADR. The current rsi is 36.77. The current phase is Correction in bull market.

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

Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
Trending down: The RSI is trending down. -1

Measures the speed and change of price movements.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

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

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

Original usage

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

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

How you can use RSI (Divergence)

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

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

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

Source: Tradingview.com

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

Use tradingview to add indicators

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

Tradingview

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

View tool on Tradingview.com

RSI divergence

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

There are four types of divergences:

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

Regular bullish divergence

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

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

Source: Tradingview.com

Regular bearish divergence

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

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

Source: Tradingview.com

Hidden bullish divergence

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

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

Source: Tradingview.com

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

Hidden bearish divergence

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

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

Source: Tradingview.com

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

Bancolombia SA ADR 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 Bancolombia SA ADR. The current phase is Oversold in bull market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -6/(-6 +6).

STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
STOCH < 20: The STOCH %K is below 20 and oversold. -2
STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Bancolombia SA ADR price going down in the near term. -2
Trending down: The STOCH %K is trending down. -1

Bancolombia SA ADR 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 Bancolombia SA ADR. The current cci is -123.31620947.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1

Bancolombia SA ADR 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 Bancolombia SA ADR. The current cmo is -42.84233569.

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

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

Bancolombia SA ADR 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 Bancolombia SA ADR. The current willr is -96.57794677.

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

WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1

Bancolombia SA ADR 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 Bancolombia SA ADR.

Bancolombia SA ADR 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 Bancolombia SA ADR. The current atr is 0.86540748.

Bancolombia SA ADR 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 Bancolombia SA ADR. The current obv is -9,223,163.

Bancolombia SA ADR 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 Bancolombia SA ADR. The current mfi is 23.82.

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

MFI < 50: -1

Bancolombia SA ADR Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

Type	Notification	Date
Currently no notifications for Bancolombia SA ADR.

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
2023-12-01	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-12-04	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2023-12-05	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-08	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2023-12-11	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-12	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2023-12-13	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-12-15	STOCH	LONG EXIT		The %K line crosses below the %D line.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2023-12-19	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-21	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2023-12-22	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-12-28	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-04	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-01-05	STOCH	LONG EXIT		The %K line crosses below the %D line.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-01-08	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-01-11	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
2024-01-16	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-01-17	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-01-18	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-01-22	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-23	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-01-24	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-01-25	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-01-26	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
2024-01-31	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-02-01	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-02-05	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-06	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
2024-02-08	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-02-09	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
2024-02-13	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-02-14	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.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-02-20	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-02-21	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	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).
2024-02-22	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
2024-02-26	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-01	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-05	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-03-06	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2024-03-08	STOCH	LONG EXIT		The %K line crosses below the %D line.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-03-11	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	MFI	LONG ENTRY	SHORT CLOSE	80 crossover to upside
2024-03-12	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	MFI	SHORT ENTRY	LONG CLOSE	80 crossover to downside
2024-03-13	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-03-14	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-03-18	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.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-03-19	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2024-03-20	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-03-25	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-26	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-03-28	STOCH	LONG EXIT		The %K line crosses below the %D line.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-04-02	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-04-04	STOCH	LONG EXIT		The %K line crosses below the %D line.
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-04-05	MFI	LONG ENTRY	SHORT CLOSE	80 crossover to upside
2024-04-09	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-10	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	MFI	SHORT ENTRY	LONG CLOSE	80 crossover to downside
2024-04-12	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-04-15	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
2024-04-18	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-04-19	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-23	STOCH	LONG EXIT		The %K line crosses below the %D line.

6.3. Candlestick Patterns

Bancolombia SA ADR Daily Candlestick Chart

Date	Candlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	36.770
Ma 20	Greater than	Ma 50	34.401
Ma 50	Greater than	Ma 100	32.953
Ma 100	Greater than	Ma 200	31.272
Open	Greater than	Close	32.650
Total			4/5 (80.0%)

Create your own Symbol Scanner

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Quick analysis of Bancolombia SA ADR (30 sec.)

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

How much money do you get?

What is your share worth?

+ What do you gain per year?

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1. Valuation of Bancolombia SA ADR (5 min.)

$32.07

$12.18

2. Growth of Bancolombia SA ADR (5 min.)

Is Bancolombia SA ADR growing?

How much money is Bancolombia SA ADR making?

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

3. Financial Health of Bancolombia SA ADR (5 min.)

4. Comparing to competitors in the Banks - Regional industry (5 min.)

Industry Rankings (Banks - Regional)

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

What can you expect buying and holding a share of Bancolombia SA ADR?

Speculation

Investing

How much money are you going to get?

When do you get the money?

How sure are you?

Linear %

Fundamentals of Bancolombia SA ADR

About Bancolombia SA ADR

Financial Health

Valuation

1.1. Profitability of Bancolombia SA ADR.

1.1. Profitability

1.1.1. Net Profit Margin

Trends

Compared to industry (Banks - Regional)

1.1.2. Return on Assets

Trends

Compared to industry (Banks - Regional)

1.1.3. Return on Equity

Trends

Compared to industry (Banks - Regional)

1.2. Operating Efficiency of Bancolombia SA ADR.

1.2. Operating Efficiency

1.2.1. Operating Margin

Trends

1.2.2. Operating Ratio

Trends

1.3. Liquidity of Bancolombia SA ADR.

1.3. Liquidity

1.3.1. Current Ratio

Trends

Compared to industry (Banks - Regional)

1.3.2. Quick Ratio

Trends

1.4. Solvency of Bancolombia SA ADR.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Trends

Compared to industry (Banks - Regional)

1.4.2. Debt to Equity Ratio

Trends

Compared to industry (Banks - Regional)

2. Market Valuation of Bancolombia SA ADR

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

Trends

Compared to industry (Banks - Regional)

2.2. Price To Free Cash Flow Ratio

Bancolombia SA ADR
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