CVB Financial Corporation
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Penke I guess you are interested in CVB Financial Corporation. 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 CVB Financial Corporation. 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.

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Quick analysis of CVB Financial Corporation (30 sec.)

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

How much money do you get?

$0.60

When do you have the money?

1 year

How often do you get paid?

97.5%

What is your share worth?

Current worth

$14.94

Expected worth in 1 year

$15.64

How sure are you?

67.5%

+ What do you gain per year?

Total Gains per Share

$1.29

Return On Investment

7.6%

For what price can you sell your share?

Current Price per Share

$17.09

Expected price per share

$15.71 - $18.03

How sure are you?

50%

1. Valuation of CVB Financial Corporation (5 min.)

Live pricePrice per Share (EOD)

$17.09

Book Value per Share

$14.94

2. Growth of CVB Financial Corporation (5 min.)

Is CVB Financial Corporation growing?

	Current year	Previous year	Grow	Grow %
How rich?	$2b	$1.9b	$6.5b	77.0%

How much money is CVB Financial Corporation making?

	Current year	Previous year	Grow	Grow %
Making money	$52.6m	$62m	-$9.3m	-17.8%
Net Profit Margin	35.0%	43.5%	-	-

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

Quarterly Yearly

3. Financial Health of CVB Financial Corporation (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 CVB Financial Corporation? (5 min.)

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

What can you expect buying and holding a share of CVB Financial Corporation?

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

Speculation

The Price per Share of CVB Financial Corporation is $17.09. 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 CVB Financial Corporation.
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 CVB Financial Corporation, 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 $14.94. Based on the TTM, the Book Value Change Per Share is $0.17 per quarter. Based on the YOY, the Book Value Change Per Share is $-0.01 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 $0.15 per quarter.

Based on historical numbers we can estimate the returns while holding a share of CVB Financial Corporation.

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	0.35	2.0%	0.38	2.2%	0.44	2.6%	0.38	2.2%	0.29	1.7%
Usd Book Value Change Per Share	0.06	0.4%	0.17	1.0%	-0.01	-0.1%	0.07	0.4%	0.23	1.3%
Usd Dividend Per Share	0.00	0.0%	0.15	0.9%	0.19	1.1%	0.17	1.0%	0.14	0.8%
Usd Total Gains Per Share	0.06	0.4%	0.32	1.9%	0.18	1.0%	0.25	1.4%	0.37	2.1%
Usd Price Per Share	17.84	-	16.97	-	23.14	-	20.33	-	19.88	-
Price to Earnings Ratio	12.82	-	11.43	-	12.97	-	13.74	-	19.15	-
Price-to-Total Gains Ratio	281.40	-	67.09	-	239.77	-	73.08	-	58.78	-
Price to Book Ratio	1.19	-	0.71	-	1.66	-	1.10	-	1.40	-
Price-to-Total Gains Ratio	281.40	-	67.09	-	239.77	-	73.08	-	58.78	-

When do you get the money?

Usd Investment	$.00
Usd Price Per Share	17.09
Number of shares	58

Gains per Quarter	Trailing 12 Months	5 Year
Usd Dividend Per Share	0.15	0.17
Usd Book Value Change Per Share	0.17	0.07
Usd Total Gains Per Share	0.32	0.25
Gains per Quarter (58 shares)	18.76	14.23
Gains per Year (58 shares)	75.03	56.93

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	35	40	65	40	16	47
2	69	81	140	81	33	104
3	104	121	215	121	49	161
4	139	161	290	162	66	218
5	174	202	365	202	82	275
6	208	242	440	243	99	332
7	243	282	515	283	115	389
8	278	322	590	324	132	446
9	312	363	665	364	148	503
10	347	403	740	404	165	560

How sure are you?

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

Linear %

	Trailing 12 Months				3Y				5 Year				10 Year				ALLTIME
				%				%				%				%				%
Earnings Per Share	4.0	0.0	0.0	100.0%	12.0	0.0	0.0	100.0%	20.0	0.0	0.0	100.0%	40.0	0.0	0.0	100.0%	137.0	0.0	0.0	100.0%
Book Value Change Per Share	2.0	2.0	0.0	50.0%	7.0	5.0	0.0	58.3%	12.0	8.0	0.0	60.0%	25.0	15.0	0.0	62.5%	98.0	39.0	0.0	71.5%
Dividend per Share	3.0	0.0	1.0	75.0%	11.0	0.0	1.0	91.7%	19.0	0.0	1.0	95.0%	39.0	0.0	1.0	97.5%	136.0	0.0	1.0	99.3%
Total Gains per Share	2.0	2.0	0.0	50.0%	8.0	4.0	0.0	66.7%	13.0	7.0	0.0	65.0%	27.0	13.0	0.0	67.5%	105.0	32.0	0.0	76.6%

Fundamentals of CVB Financial Corporation

About CVB Financial Corporation

https://www.cbbank.com
Banks - Regional
1107
701 North Haven Avenue, Ontario, CA, United States, 91764
Google Maps Bing Maps

CVB Financial Corp. operates as a bank holding company for Citizens Business Bank, a state-chartered bank that provides banking and financial services to small to mid-sized businesses and individuals. It offers checking, savings, money market, and time certificates of deposit products for business and personal accounts; and serves as a federal tax depository for business customers. The company also provides commercial lending products comprising lines of credit and other working capital financing, accounts receivable lending, and letters of credit; agriculture loans to finance the operating needs of wholesale dairy farm operations, cattle feeders, livestock raisers, and farmers; lease financing services for municipal governments; commercial real estate and construction loans; and consumer financing products, including automobile leasing and financing, lines of credit, credit cards, home mortgages, and home equity loans and lines of credit. In addition, it offers various specialized services, such as treasury management systems for monitoring cash flow, merchant card processing program, armored pick-up and delivery, payroll services, remote deposit capture, electronic funds transfers, wires and automated clearinghouse, and online account access. Further, the company provides trust services, such as fiduciary services, mutual funds, annuities, 401(k) plans, and individual investment accounts. CVB Financial Corp. was founded in 1974 and is headquartered in Ontario, California.

Fundamental data was last updated by Penke on 2024-05-02 15:14:06.

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 very able to pay all its short-term debts with the most liquid assets.

Solvency Details

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

Valuation

Valuation Details

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

1.1. Profitability of CVB Financial Corporation.

1.1. Profitability

1.1.1. Net Profit Margin

Measures how much net profit CVB Financial Corporation earns for each $1 of revenue.

Above 10% is considered healthy but always compare CVB Financial Corporation to the Banks - Regional industry mean.
A Net Profit Margin of 28.3% means that $0.28 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of CVB Financial Corporation:

The MRQ is 28.3%. The company is making a huge profit. +2
The TTM is 35.0%. The company is making a huge profit. +2

Trends

Current period		Compared to		+/-
MRQ	28.3%	TTM	35.0%	-6.7%
TTM	35.0%	YOY	43.5%	-8.5%
TTM	35.0%	5Y	654.5%	-619.5%
5Y	654.5%	10Y	345.1%	+309.4%

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
MRQ	28.3%	38.5%	-10.2%
TTM	35.0%	29.6%	+5.4%
YOY	43.5%	26.3%	+17.2%
5Y	654.5%	23.6%	+630.9%
10Y	345.1%	20.4%	+324.7%

Measures how much net profit CVB Financial Corporation earns for each $1 of revenue.

Revenue is the amount of profit CVB Financial Corporation 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 CVB Financial Corporation 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 CVB Financial Corporation 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, CVB Financial Corporation makes more profit. This shows the investor how efficiently CVB Financial Corporation is operating in general and compared to other companies in the same industry. CVB Financial Corporation operates in the Banks - Regional industry.

Why do investors use net profit margin in their analysis

It helps investors to determine the efficiency of CVB Financial Corporation. 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 CVB Financial Corporation is 0.28. This means that CVB Financial Corporation earned $0.28 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 38.5%.
What is the trend?
The trend is important because it shows you how CVB Financial Corporation is performing over time. The most recent quarter might be important if CVB Financial Corporation 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 CVB Financial Corporation 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 CVB Financial Corporation with other companies in the same industry (Banks - Regional).
Net profit margin should rise over the years.
Can be influenced when CVB Financial Corporation sells assets (profit will increase while costs remain the same).
It won’t show what part of CVB Financial Corporation 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 CVB Financial Corporation

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 CVB Financial Corporation = 48,599
Total revenue MRQ CVB Financial Corporation = 171,802
$48,599 / $171,802 = 0.28 or 28.3%

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 CVB Financial Corporation is using its assets to generate profit.

Above 5% is considered healthy but always compare CVB Financial Corporation to the Banks - Regional industry mean.
0.3% Return on Assets means that CVB Financial Corporation generated $0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of CVB Financial Corporation:

The MRQ is 0.3%. Using its assets, the company is inefficient in making profit. -1
The TTM is 0.3%. Using its assets, the company is inefficient in making profit. -1

Trends

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

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
MRQ	0.3%	0.3%	0.0%
TTM	0.3%	0.2%	+0.1%
YOY	0.4%	0.2%	+0.2%
5Y	0.4%	0.2%	+0.2%
10Y	0.3%	0.2%	+0.1%

Shows how efficient CVB Financial Corporation 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 CVB Financial Corporation 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 CVB Financial Corporation is using its resources to generate profit. If the return on assets (0.3%) from CVB Financial Corporation are higher than the Banks - Regional mean (0.3%) that means CVB Financial Corporation 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 CVB Financial Corporation is 0.3%. 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 0.3%.
What is the trend?
The trend is important because it shows you how CVB Financial Corporation is performing over time. The most recent quarter might be important if CVB Financial Corporation 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 CVB Financial Corporation 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 CVB Financial Corporation

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

Income statement
Balance sheet

Net income MRQ (income statement) from CVB Financial Corporation = 48,599
Total assets MRQ (balance sheet) from CVB Financial Corporation = 16,468,146
48,599 / 16,468,146 = 0.00 or 0.3%

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

Above 15%-20% is considered healthy but always compare CVB Financial Corporation to the Banks - Regional industry mean.
0.0% Return on Equity means CVB Financial Corporation generated $0.00 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of CVB Financial Corporation:

The MRQ is 0.0%. The data is not here.

Trends

Current period		Compared to		+/-
MRQ	-	TTM	2.0%	-2.0%
TTM	2.0%	YOY	3.2%	-1.2%
TTM	2.0%	5Y	2.5%	-0.5%
5Y	2.5%	10Y	2.6%	-0.1%

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
MRQ	-	3.1%	-3.1%
TTM	2.0%	2.5%	-0.5%
YOY	3.2%	2.7%	+0.5%
5Y	2.5%	2.5%	+0.0%
10Y	2.6%	2.8%	-0.2%

Shows how efficient CVB Financial Corporation 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 CVB Financial Corporation 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 CVB Financial Corporation is 0.0%. This means CVB Financial Corporation generated $0.00 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 3.1%.
What is the trend?
The trend is important because it shows you how CVB Financial Corporation is performing over time. The most recent quarter might be important if CVB Financial Corporation 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 CVB Financial Corporation up to 10 years back (depending if CVB Financial Corporation 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 CVB Financial Corporation

You need the following data to determine ROE:

Income statement
Balance sheet
Net profit MRQ (income statement) CVB Financial Corporation = 48,599
Shareholders equity (balance sheet) MRQ CVB Financial Corporation = -335,285
48,599 / -335,285 = 0.00 or 0.0%

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

1.2. Operating Efficiency of CVB Financial Corporation.

1.2. Operating Efficiency

1.2.1. Operating Margin

Measures how efficient CVB Financial Corporation is operating .

Measures how much profit CVB Financial Corporation 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 CVB Financial Corporation to the Banks - Regional industry mean.
An Operating Margin of -1.7% means the company generated $-0.02 for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of CVB Financial Corporation:

The MRQ is -1.7%. The company is operating very inefficient. -2
The TTM is 28.9%. The company is operating very efficient. +2

Trends

Current period		Compared to		+/-
MRQ	-1.7%	TTM	28.9%	-30.6%
TTM	28.9%	YOY	65.3%	-36.4%
TTM	28.9%	5Y	934.7%	-905.8%
5Y	934.7%	10Y	497.1%	+437.7%

Measures how efficient CVB Financial Corporation 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 CVB Financial Corporation 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 CVB Financial Corporation 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 CVB Financial Corporation is -1.7%. This means that CVB Financial Corporation earned $-0.02 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 CVB Financial Corporation is performing over time. The most recent quarter might be important if CVB Financial Corporation 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 CVB Financial Corporation 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 CVB Financial Corporation

You need the following data to determine operating margin:

Income statement
Operating earnings MRQ CVB Financial Corporation = 68,241
Total revenue MRQ CVB Financial Corporation = 171,802
$68,241 / $171,802 = -0.02 or -1.7%

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 CVB Financial Corporation is keeping operating costs low.

Below 1 is considered healthy (always compare to Banks - Regional industry mean).
An Operation Ratio of 0.10 means that the operating costs are $0.10 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of CVB Financial Corporation:

The MRQ is 0.104. The company is very efficient in keeping operating costs low. +2
The TTM is -0.145.

Trends

Current period		Compared to		+/-
MRQ	0.104	TTM	-0.145	+0.249
TTM	-0.145	YOY	0.017	-0.162
TTM	-0.145	5Y	8.759	-8.904
5Y	8.759	10Y	4.274	+4.484

Measures how efficient CVB Financial Corporation 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 CVB Financial Corporation 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 CVB Financial Corporation is 10.4%. This means that CVB Financial Corporation earned $0.10 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 CVB Financial Corporation is performing over time. The most recent quarter might be important if CVB Financial Corporation 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 CVB Financial Corporation 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 CVB Financial Corporation

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
(0 +17,805) \ 171,802 = 0.10

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 CVB Financial Corporation.

1.3. Liquidity

1.3.1. Current Ratio

Measures if CVB Financial Corporation 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 0.13 means the company has $0.13 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of CVB Financial Corporation:

The MRQ is 0.130. The company is unable to pay all its short-term debts. -2
The TTM is 10.219. The company is very able to pay all its short-term debts. +2

Trends

Current period		Compared to		+/-
MRQ	0.130	TTM	10.219	-10.088
TTM	10.219	YOY	15.316	-5.097
TTM	10.219	5Y	389.538	-379.320
5Y	389.538	10Y	1,839.294	-1,449.756

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
TTM	10.219	0.124	+10.095
YOY	15.316	0.167	+15.149
5Y	389.538	0.207	+389.331
10Y	1,839.294	0.131	+1,839.163

Measures if CVB Financial Corporation 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 CVB Financial Corporation 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 CVB Financial Corporation is 0.13. This means CVB Financial Corporation has $0.13 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 CVB Financial Corporation is performing over time. The most recent quarter might be important if CVB Financial Corporation 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 CVB Financial Corporation 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 CVB Financial Corporation

You need the following data to determine operating ratio:

Balance sheet
Current ratio = current assets \ current liabilities
962,221 \ 7,388,509) = 0.13

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

Above 1 is considered healthy but always compare CVB Financial Corporation to the Banks - Regional industry mean.
A Quick Ratio of 0.13 means the company can pay off $0.13 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of CVB Financial Corporation:

The MRQ is 0.129. The company is just not able to pay all its short-term debts with the most liquid assets. -1
The TTM is 18.832. The company is very able to pay all its short-term debts with the most liquid assets. +2

Trends

Current period		Compared to		+/-
MRQ	0.129	TTM	18.832	-18.704
TTM	18.832	YOY	29.632	-10.799
TTM	18.832	5Y	663.421	-644.589
5Y	663.421	10Y	3,358.962	-2,695.541

Measures if CVB Financial Corporation 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 CVB Financial Corporation 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 CVB Financial Corporation can pay off its short term debts. This shows if CVB Financial Corporation 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 CVB Financial Corporation is 0.13. This means that CVB Financial Corporation can pay off $0.13 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 CVB Financial Corporation is performing over time. The most recent quarter might be important if CVB Financial Corporation 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 CVB Financial Corporation 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 CVB Financial Corporation

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 CVB Financial Corporation: (949,589 + 0 +0) / 7,388,509 = 0.13

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 CVB Financial Corporation.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Measures how much % of CVB Financial Corporation assets are financed with debt.

Below 1 (100%) is considered healthy but always compare CVB Financial Corporation to Banks - Regional industry mean.
A Debt to Asset Ratio of 0.87 means that CVB Financial Corporation assets are financed with 87.3% credit (debt) and the remaining percentage (100% - 87.3%) is financed by its owners/shareholders.

Let's take a look of the Debt to Asset Ratio trends of CVB Financial Corporation:

The MRQ is 0.873. The company is just able to pay all its debts by selling its assets.
The TTM is 0.476. The company is very able to pay all its debts by selling its assets. +2

Trends

Current period		Compared to		+/-
MRQ	0.873	TTM	0.476	+0.397
TTM	0.476	YOY	0.882	-0.405
TTM	0.476	5Y	0.617	-0.141
5Y	0.617	10Y	0.592	+0.025

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
MRQ	0.873	0.915	-0.042
TTM	0.476	0.916	-0.440
YOY	0.882	0.918	-0.036
5Y	0.617	0.919	-0.302
10Y	0.592	0.926	-0.334

Measures how much % of CVB Financial Corporation assets are financed with debt.

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

How to use debt to asset ratio

Lower is better.
below 1 (100%) is considered healthy but always compare CVB Financial Corporation 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 CVB Financial Corporation is 0.87. This means means that CVB Financial Corporation is financed with 87.3% credit and the remaining percentage is financed by it's owners (shareholders).
How does it compare to the industry?
The mean MRQ Current Ratio of the Banks - Regional industry is .
What is the trend?
The trend is important because it shows you how CVB Financial Corporation is performing over time. The most recent quarter might be important if CVB Financial Corporation 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 CVB Financial Corporation 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 CVB Financial Corporation has so much debt.

How to calculate debt to asset ratio

Debt to asset ratio = total debt \ total assets

Real life example CVB Financial Corporation

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

Balance sheet
Debt to asset ratio = total debt \ total assets
14,381,321 \ 16,468,146 = 87.3% or 0.87.

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 CVB Financial Corporation is able to pay off its debts by using shareholders equity.

Below 2 is considered healthy but always compare CVB Financial Corporation to the Banks - Regional industry mean.
A Debt to Equity ratio of 0.0% means that company has $0.00 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of CVB Financial Corporation:

The MRQ is 0.000. The data is not here.

Trends

Current period		Compared to		+/-
MRQ	-	TTM	2.008	-2.008
TTM	2.008	YOY	7.448	-5.440
TTM	2.008	5Y	4.432	-2.424
5Y	4.432	10Y	4.445	-0.013

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
MRQ	-	10.799	-10.799
TTM	2.008	10.909	-8.901
YOY	7.448	11.266	-3.818
5Y	4.432	11.324	-6.892
10Y	4.445	12.886	-8.441

Measures if CVB Financial Corporation 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 CVB Financial Corporation 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 CVB Financial Corporation is 0.00. This means that CVB Financial Corporation can pay off $0.00 for each $1 in debt.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Banks - Regional industry is 10.80.
What is the trend?
The trend is important because it shows you how CVB Financial Corporation is performing over time. The most recent quarter might be important if CVB Financial Corporation 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 CVB Financial Corporation 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 CVB Financial Corporation

You need the following data to determine equity ratio:

Balance sheet
Debt to equity ratio = total debt \ shareholders equity
14,381,321 \ -335,285 = 0.00 or 0.0%

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 CVB Financial Corporation

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 CVB Financial Corporation generates.

Above 15 is considered overpriced but always compare CVB Financial Corporation to the Banks - Regional industry mean.
A PE ratio of 12.82 means the investor is paying $12.82 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of CVB Financial Corporation:

The EOD is 12.276. Based on the earnings, the company is underpriced. +1
The MRQ is 12.815. Based on the earnings, the company is underpriced. +1
The TTM is 11.428. Based on the earnings, the company is underpriced. +1

Trends

Current period		Compared to		+/-
EOD	12.276	MRQ	12.815	-0.539
MRQ	12.815	TTM	11.428	+1.388
TTM	11.428	YOY	12.971	-1.543
TTM	11.428	5Y	13.744	-2.317
5Y	13.744	10Y	19.149	-5.404

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
EOD	12.276	3.564	+8.712
MRQ	12.815	3.418	+9.397
TTM	11.428	4.741	+6.687
YOY	12.971	6.901	+6.070
5Y	13.744	9.496	+4.248
10Y	19.149	9.770	+9.379

Measures how much money you pay for each share for every $1 in earnings CVB Financial Corporation 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 CVB Financial Corporation 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 CVB Financial Corporation is 12.82. This means the investor is paying $12.82 for every $1 in earnings.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Banks - Regional industry is 3.42.
What is the trend?
The trend is important because it shows you how CVB Financial Corporation is performing over time. The most recent quarter might be important if CVB Financial Corporation 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 CVB Financial Corporation 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 CVB Financial Corporation

You need the following data to determine the PE ratio:

Balance sheet
Income statement

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

EPS = (net profit - preferred dividends) \ end of period outstanding shares*
Net profit = revenue - expenses
0 \ 138,603 = EPS
PE ratio MRQ = 12.82

* 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 CVB Financial Corporation:

The MRQ is 0.000. The data is not here.

Trends

Current period		Compared to		+/-
MRQ	-	TTM	0.159	-0.159
TTM	0.159	YOY	12.525	-12.365
TTM	0.159	5Y	12.864	-12.705
5Y	12.864	10Y	24.341	-11.477

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
MRQ	-	-2.360	+2.360
TTM	0.159	-1.072	+1.231
YOY	12.525	6.461	+6.064
5Y	12.864	0.248	+12.616
10Y	24.341	0.032	+24.309

2. Book Value per Share

2.3. Price to Book Ratio

Measures if the stock price of CVB Financial Corporation 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 1.19 means the investor is paying $1.19 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of CVB Financial Corporation:

The EOD is 1.144. Based on the equity, the company is underpriced. +1
The MRQ is 1.194. Based on the equity, the company is underpriced. +1
The TTM is 0.708. Based on the equity, the company is cheap. +2

Trends

Current period		Compared to		+/-
EOD	1.144	MRQ	1.194	-0.050
MRQ	1.194	TTM	0.708	+0.486
TTM	0.708	YOY	1.663	-0.955
TTM	0.708	5Y	1.098	-0.390
5Y	1.098	10Y	1.400	-0.302

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
EOD	1.144	0.438	+0.706
MRQ	1.194	0.420	+0.774
TTM	0.708	0.439	+0.269
YOY	1.663	0.594	+1.069
5Y	1.098	0.763	+0.335
10Y	1.400	0.991	+0.409

2. Total Gains per Share

3. Holders & Insider Transactions

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

3.1. Institutions holding CVB Financial Corporation

Institutions are holding 75.706% of the shares of CVB Financial Corporation.

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2023-12-31	BlackRock Inc	13.9683	0.01	19468132	-762387	-3.7685
2023-12-31	Vanguard Group Inc	11.2658	0.0069	15701547	176694	1.1381
2023-12-31	Goldman Sachs Group Inc	5.5931	0.0141	7795334	5892036	309.5698
2023-12-31	State Street Corporation	5.16	0.0071	7191721	352473	5.1537
2023-12-31	American Century Companies Inc	3.4324	0.0664	4783842	846385	21.4957
2023-12-31	Dimensional Fund Advisors, Inc.	3.0781	0.0253	4290055	594901	16.0995
2023-12-31	Charles Schwab Investment Management Inc	2.7155	0.0194	3784666	190343	5.2957
2023-12-31	Silvercrest Asset Management Group LLC	2.6752	0.5324	3728474	-32361	-0.8605
2023-12-31	Morgan Stanley - Brokerage Accounts	2.1883	0.0054	3049961	-133829	-4.2034
2023-12-31	Geode Capital Management, LLC	2.127	0.0063	2964448	123273	4.3388
2023-12-31	Parallel Advisors, LLC	2.1149	1.7656	2947650	-400	-0.0136
2023-12-31	Principal Financial Group Inc	2.0913	0.0375	2914706	1050625	56.3616
2023-12-31	Bank of New York Mellon Corp	1.6027	0.0091	2233712	139399	6.6561
2023-12-31	Northern Trust Corp	1.5486	0.0079	2158377	-64145	-2.8861
2023-12-31	NORGES BANK	1.0354	0.0051	1443015	294351	25.6255
2023-12-31	JPMorgan Chase & Co	1.0258	0.0028	1429658	310550	27.7498
2023-12-31	Nuveen Asset Management, LLC	0.8009	0.0073	1116179	168241	17.7481
2023-09-30	Citadel Advisors Llc	0.7431	0.0037	1035694	720911	229.0184
2023-09-30	Fourthstone LLC	0.6959	3.6473	969881	639708	193.7493
2023-12-31	Schroder Investment Management Group	0.6192	0.0226	863044	95970	12.5112
Total		64.4815	6.2022	89870096	+10602738	+11.8%

3.2. Funds holding CVB Financial Corporation

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2024-03-28	iShares Core S&P Small-Cap ETF	6.3935	0.1982	8927955	0	0
2024-03-31	American Century U.S. Small Cap Value	3.0435	1.2654	4250000	730000	20.7386
2024-03-31	American Century Small Cap Value Inv	3.0435	1.2675	4250000	730000	20.7386
2024-03-31	Vanguard Total Stock Mkt Idx Inv	2.9852	0.0046	4168590	17948	0.4324
2024-03-31	Vanguard Small Cap Index	2.4188	0.0409	3377671	-34312	-1.0056
2024-03-28	iShares Russell 2000 ETF	2.3345	0.0888	3259973	17004	0.5243
2024-03-29	Schwab US Dividend Equity ETF™	2.169	0.0956	3028888	864	0.0285
2024-03-31	Vanguard Small Cap Value Index Inv	1.6299	0.0728	2276071	-55482	-2.3796
2024-03-31	Vanguard Institutional Extnd Mkt Idx Tr	1.416	0.0335	1977370	23502	1.2028
2024-03-28	iShares S&P Small-Cap 600 Value ETF	1.1688	0.4031	1632170	-12766	-0.7761
2024-01-31	Fidelity Small Cap Index	0.9651	0.0912	1347698	19892	1.4981
2024-03-31	SPDR® S&P Regional Banking ETF	0.9398	0.7816	1312343	0	0
2024-03-28	iShares Russell 2000 Value ETF	0.894	0.1776	1248409	0	0
2024-03-31	Bridge Builder Small/Mid Cap Value	0.8744	0.2678	1221035	11070	0.9149
2024-03-28	SPDR® Portfolio S&P 600 Sm Cap ETF	0.839	0.1988	1171556	1200	0.1025
2024-03-31	Vanguard Tax-Managed Small Cap Adm	0.7274	0.1994	1015713	-18438	-1.7829
2024-03-31	SPDR® S&P 600 Small Cap Value ETF	0.6465	0.4023	902736	1890	0.2098
2024-02-29	DFA US Small Cap I	0.6187	0.0948	863986	0	0
2024-03-31	State St Russell Sm/Mid Cp® Indx NL Cl C	0.5905	0.034	824575	0	0
2024-02-29	DFA US Targeted Value I	0.5455	0.1005	761766	38119	5.2676
Total		34.2436	5.8184	47818505	+1470491	+3.1%

3.3. Insider Transactions

Insiders are holding 5.951% of the shares of CVB Financial Corporation.

Date	Owner	Type	Amount	Price
2024-04-30	David F Farnsworth	BUY	1100	16.41
2024-02-06	David A Brager	BUY	2000	16.75
2024-02-06	George A Borba Jr	BUY	59601	16.78
2024-02-01	E Allen Nicholson	BUY	2000	16.77
2023-11-01	George A Borba Jr	BUY	212000	15.84
2023-08-07	George A Borba Jr	BUY	165000	19.52
2023-07-31	David F Farnsworth	BUY	1250	18.67
2023-06-30	Anna Kan	BUY	900	13.4
2023-05-24	Anna Kan	BUY	1000	12.45

4. Summary

4.1. Key Performance Indicators

The key performance indicators of CVB Financial Corporation compared to the Most Recent Quarter (MRQ).

	End of day	+/-	Most Recent Quarter	Trailing 12 Months	+/-	Year-Over-Year	+/-	5 Year	+/-	10 Year	+/-
Book Value Change Per Share	-	-	0.063	0.174	-64%	-0.015	+124%	0.071	-11%	0.229	-72%
Book Value Per Share	-	-	14.944	60.758	-75%	13.953	+7%	37.813	-60%	31.917	-53%
Current Ratio	-	-	0.130	10.219	-99%	15.316	-99%	389.538	-100%	1839.294	-100%
Debt To Asset Ratio	-	-	0.873	0.476	+83%	0.882	-1%	0.617	+42%	0.592	+48%
Debt To Equity Ratio	-	-	-	2.008	-100%	7.448	-100%	4.432	-100%	4.445	-100%
Dividend Per Share	-	-	-	0.150	-100%	0.193	-100%	0.174	-100%	0.136	-100%
Eps	-	-	0.348	0.377	-8%	0.445	-22%	0.375	-7%	0.292	+19%
Gross Profit Margin	-	-	0.966	0.968	0%	0.974	-1%	0.973	-1%	0.963	+0%
Market Cap	2386481780.000	-4%	2491213280.000	2369724740.000	+5%	3233865107.500	-23%	2846071925.934	-12%	2780906677.969	-10%
Net Profit Margin	-	-	0.283	0.350	-19%	0.435	-35%	6.545	-96%	3.451	-92%
Operating Margin	-	-	-0.017	0.289	-106%	0.653	-103%	9.347	-100%	4.971	-100%
Operating Ratio	-	-	0.104	-0.145	+240%	0.017	+522%	8.759	-99%	4.274	-98%
Pb Ratio	1.144	-4%	1.194	0.708	+69%	1.663	-28%	1.098	+9%	1.400	-15%
Pe Ratio	12.276	-4%	12.815	11.428	+12%	12.971	-1%	13.744	-7%	19.149	-33%
Price Per Share	17.090	-4%	17.840	16.970	+5%	23.140	-23%	20.326	-12%	19.884	-10%
Price To Free Cash Flow Ratio	-	-	-	0.159	-100%	12.525	-100%	12.864	-100%	24.341	-100%
Price To Total Gains Ratio	269.568	-4%	281.398	67.092	+319%	239.772	+17%	73.076	+285%	58.785	+379%
Quick Ratio	-	-	0.129	18.832	-99%	29.632	-100%	663.421	-100%	3358.962	-100%
Return On Assets	-	-	0.003	0.003	-9%	0.004	-22%	0.004	-17%	0.003	-15%
Return On Equity	-	-	-	0.020	-100%	0.032	-100%	0.025	-100%	0.026	-100%
Total Gains Per Share	-	-	0.063	0.323	-80%	0.179	-64%	0.245	-74%	0.365	-83%
Usd Book Value	-	-	2086825000.000	8484339000.000	-75%	1949845750.000	+7%	5287273600.000	-61%	4460587650.000	-53%
Usd Book Value Change Per Share	-	-	0.063	0.174	-64%	-0.015	+124%	0.071	-11%	0.229	-72%
Usd Book Value Per Share	-	-	14.944	60.758	-75%	13.953	+7%	37.813	-60%	31.917	-53%
Usd Dividend Per Share	-	-	-	0.150	-100%	0.193	-100%	0.174	-100%	0.136	-100%
Usd Eps	-	-	0.348	0.377	-8%	0.445	-22%	0.375	-7%	0.292	+19%
Usd Free Cash Flow	-	-	-	28083500.000	-100%	66039250.000	-100%	48556750.000	-100%	39864650.000	-100%
Usd Market Cap	2386481780.000	-4%	2491213280.000	2369724740.000	+5%	3233865107.500	-23%	2846071925.934	-12%	2780906677.969	-10%
Usd Price Per Share	17.090	-4%	17.840	16.970	+5%	23.140	-23%	20.326	-12%	19.884	-10%
Usd Profit	-	-	48599000.000	52691000.000	-8%	62075750.000	-22%	52416900.000	-7%	40750725.000	+19%
Usd Revenue	-	-	171802000.000	154728500.000	+11%	142582000.000	+20%	123942350.000	+39%	102413175.000	+68%
Usd Total Gains Per Share	-	-	0.063	0.323	-80%	0.179	-64%	0.245	-74%	0.365	-83%
	EOD	+3 -4	MRQ	TTM	+7 -25	YOY	+13 -19	5Y	+7 -25	10Y	+12 -20

4.2. Fundamental Score

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

Penke's Stock Scanner

Indicator	Condition		Value
Price to Earnings Ratio (EOD)	Between	0-15	12.276
Price to Book Ratio (EOD)	Between	0-1	1.144
Net Profit Margin (MRQ)	Greater than	0	0.283
Operating Margin (MRQ)	Greater than	0	-0.017
Quick Ratio (MRQ)	Greater than	1	0.129
Current Ratio (MRQ)	Greater than	1	0.130
Debt to Asset Ratio (MRQ)	Less than	1	0.873
Debt to Equity Ratio (MRQ)	Less than	1	0.000
Return on Equity (MRQ)	Greater than	0.15	0.000
Return on Assets (MRQ)	Greater than	0.05	0.003
Total			4/10 (40.0%)

Create your own Stock Scanner

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

4.3. Technical Score

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

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	54.817
Ma 20	Greater than	Ma 50	16.676
Ma 50	Greater than	Ma 100	16.839
Ma 100	Greater than	Ma 200	17.516
Open	Greater than	Close	17.350
Total			3/5 (60.0%)

Create your own Symbol Scanner

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

Reversals in quarterly reports

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

		2023-03-31		2023-06-30		2023-09-30		2023-12-31		2024-03-31
Total Stockholder Equity		1,989,769	11,598	2,001,367	-49,966	1,951,401	126,571	2,077,972	-2,413,257	-335,285
EBITDA		101,327	-21,934	79,393	2,796	82,189	-80,743	1,446	-2,884	-1,438

Latest Balance Sheet

Balance Sheet of 2024-03-31. Currency in USD. All numbers in thousands.

Summary

Total Assets	16,468,146
Total Liabilities	14,381,321
Total Stockholder Equity	-335,285

	As reported
Total Liabilities	14,381,321
Total Stockholder Equity	+ -335,285
Total Assets	= 16,468,146

Assets

Total Assets	16,468,146
Total Current Assets	962,221
Long-term Assets	15,505,925

Total Current Assets

Total Current Assets (as reported)	962,221
Cash And Cash Equivalents	949,589
Total Current Assets (calculated)	949,589
+/-	12,632

Long-term Assets

Long-term Assets (as reported)	15,505,925
Property Plant Equipment	43,448
Goodwill	765,822
Intangible Assets	13,853
Long-term Assets Other	671,355
Long-term Assets (calculated)	1,494,478
+/-	14,011,447

Liabilities & Shareholders' Equity

Total Current Liabilities	7,388,509
Long-term Liabilities	6,992,812
Total Stockholder Equity	-335,285

Total Current Liabilities

Total Current Liabilities (as reported)	7,388,509
Short-term Debt	275,720
Other Current Liabilities	7,112,789
Total Current Liabilities (calculated)	7,388,509
+/-	0

Long-term Liabilities

Long-term Liabilities (as reported)	6,992,812
Long-term Liabilities (calculated)	0
+/-	6,992,812

Total Stockholder Equity

Total Stockholder Equity (as reported)	-335,285
Common Stock	2,422,110
Accumulated Other Comprehensive Income	-335,285
Other Stockholders Equity	-2,422,110
Total Stockholder Equity (calculated)	-335,285
+/-	0

Other

Cash and Short Term Investments	949,589
Common Stock Shares Outstanding	138,603
Liabilities and Stockholders Equity	16,468,146
Net Debt	1,321,131
Net Working Capital	-6,426,288
Short Long Term Debt Total	2,270,720

Balance Sheet

Currency in USD. All numbers in thousands.

Trend

2024-03-31

2023-12-31

2023-09-30

2023-06-30

2023-03-31

2022-12-31

2022-09-30

2022-06-30

2022-03-31

2021-12-31

2021-09-30

2021-06-30

2021-03-31

2020-12-31

2020-09-30

2020-06-30

2020-03-31

2019-12-31

2019-09-30

2019-06-30

2019-03-31

2018-12-31

2018-09-30

2018-06-30

2018-03-31

2017-12-31

2017-09-30

2017-06-30

2017-03-31

2016-12-31

2016-09-30

2016-06-30

2016-03-31

2015-12-31

2015-09-30

2015-06-30

2015-03-31

2014-12-31

2014-09-30

2014-06-30

2014-03-31

2013-12-31

2013-09-30

2013-06-30

2013-03-31

2012-12-31

2012-09-30

2012-06-30

2012-03-31

2011-12-31

2011-09-30

2011-06-30

2011-03-31

2010-12-31

2010-09-30

2010-06-30

2010-03-31

2009-12-31

2009-09-30

2009-06-30

2009-03-31

2008-12-31

2008-09-30

2008-06-30

2008-03-31

2007-12-31

2007-09-30

2007-06-30

2007-03-31

2006-12-31

2006-09-30

2006-06-30

2006-03-31

2005-12-31

2005-09-30

2005-06-30

2005-03-31

2004-12-31

2004-09-30

2004-06-30

2004-03-31

2003-12-31

2003-09-30

2003-06-30

2003-03-31

2002-12-31

2002-09-30

2002-06-30

2002-03-31

2001-12-31

2001-09-30

2001-06-30

2001-03-31

2000-12-31

2000-09-30

2000-06-30

2000-03-31

1999-12-31

1999-09-30

1999-06-30

1999-03-31

1998-12-31

1998-09-30

1998-06-30

1998-03-31

1997-12-31

1997-09-30

1997-06-30

1997-03-31

1996-12-31

1996-09-30

1996-06-30

1996-03-31

1995-12-31

1995-09-30

1995-06-30

1995-03-31

1994-12-31

1994-09-30

1994-06-30

1994-03-31

1993-12-31

1993-09-30

1993-06-30

1993-03-31

1992-12-31

1992-09-30

1992-06-30

1992-03-31

1991-12-31

1991-09-30

1991-06-30

1991-03-31

1990-12-31

1990-09-30

1990-06-30

1990-03-31

1989-12-31

1989-09-30

1989-06-30

1989-03-31

1988-12-31

1988-09-30

1988-06-30

1988-03-31

1987-12-31

1987-09-30

1987-06-30

1987-03-31

1986-12-31

1986-09-30

1986-06-30

1986-03-31

1985-12-31

1985-09-30

> Total Assets

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
430,200
0
472,700
481,100
496,000
509,900
512,400
520,400
517,300
531,900
560,300
551,100
567,200
564,500
592,100
608,500
648,700
636,200
687,400
700,100
766,300
800,300
836,100
812,000
812,700
855,800
936,900
1,038,400
1,042,700
1,068,000
1,160,400
1,123,900
1,152,600
1,185,300
1,258,800
1,317,800
1,381,300
1,441,600
1,555,200
1,557,900
1,602,600
1,626,500
2,010,800
2,016,160
2,110,871
2,216,916
2,307,996
2,271,679
2,327,672
2,367,390
2,514,102
2,585,133
2,858,510
2,848,316
3,123,411
3,394,744
3,513,011
3,661,827
3,854,349
4,009,916
4,364,022
4,352,741
4,511,011
4,831,993
4,811,854
5,020,164
5,422,971
5,527,914
5,952,419
5,974,648
6,094,262
5,993,428
6,137,043
6,157,393
6,293,963
6,374,802
6,453,846
6,421,786
6,649,651
6,416,089
6,414,897
6,546,265
6,739,769
6,788,652
6,860,396
6,483,871
6,436,691
6,498,352
6,460,193
6,529,907
6,482,915
6,506,083
6,523,963
6,321,341
6,363,364
6,265,767
6,425,556
6,557,283
6,664,967
6,902,518
7,423,993
7,422,849
7,377,920
7,442,951
7,697,358
7,626,462
7,671,200
7,920,836
8,312,307
8,044,993
8,073,707
8,559,121
8,418,203
8,304,012
8,270,586
8,356,160
8,093,863
11,480,341
11,529,153
11,304,957
11,171,583
11,332,762
11,282,450
11,606,888
13,751,297
13,818,711
14,419,314
14,840,438
15,539,288
16,201,598
15,883,697
17,539,137
16,759,993
16,349,276
16,476,540
16,274,041
16,484,544
15,903,015
16,020,993
16,468,146

16,468,146

16,020,993

15,903,015

16,484,544

16,274,041

16,476,540

16,349,276

16,759,993

17,539,137

15,883,697

16,201,598

15,539,288

14,840,438

14,419,314

13,818,711

13,751,297

11,606,888

11,282,450

11,332,762

11,171,583

11,304,957

11,529,153

11,480,341

8,093,863

8,356,160

8,270,586

8,304,012

8,418,203

8,559,121

8,073,707

8,044,993

8,312,307

7,920,836

7,671,200

7,626,462

7,697,358

7,442,951

7,377,920

7,422,849

7,423,993

6,902,518

6,664,967

6,557,283

6,425,556

6,265,767

6,363,364

6,321,341

6,523,963

6,506,083

6,482,915

6,529,907

6,460,193

6,498,352

6,436,691

6,483,871

6,860,396

6,788,652

6,739,769

6,546,265

6,414,897

6,416,089

6,649,651

6,421,786

6,453,846

6,374,802

6,293,963

6,157,393

6,137,043

5,993,428

6,094,262

5,974,648

5,952,419

5,527,914

5,422,971

5,020,164

4,811,854

4,831,993

4,511,011

4,352,741

4,364,022

4,009,916

3,854,349

3,661,827

3,513,011

3,394,744

3,123,411

2,848,316

2,858,510

2,585,133

2,514,102

2,367,390

2,327,672

2,271,679

2,307,996

2,216,916

2,110,871

2,016,160

2,010,800

1,626,500

1,602,600

1,557,900

1,555,200

1,441,600

1,381,300

1,317,800

1,258,800

1,185,300

1,152,600

1,123,900

1,160,400

1,068,000

1,042,700

1,038,400

936,900

855,800

812,700

812,000

836,100

800,300

766,300

700,100

687,400

636,200

648,700

608,500

592,100

564,500

567,200

551,100

560,300

531,900

517,300

520,400

512,400

509,900

496,000

481,100

472,700

430,200

> Total Current Assets

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
57,700
0
46,300
62,600
60,800
54,400
45,700
66,300
54,500
54,900
71,600
58,700
55,700
37,600
71,200
51,500
77,100
67,600
60,900
59,900
80,400
73,400
109,800
69,800
81,900
93,800
111,900
96,800
95,300
81,200
142,500
94,400
90,700
86,700
107,700
95,200
88,300
78,100
100,000
109,300
89,000
103,900
129,900
111,085
117,110
118,629
154,940
113,239
111,438
127,749
97,362
91,552
138,117
139,662
140,814
127,739
131,441
142,166
127,732
135,040
181,886
133,447
102,791
163,989
160,491
163,849
156,171
159,062
171,304
157,298
176,636
149,015
175,577
156,658
119,695
140,029
140,091
121,696
124,101
129,913
247,562
249,588
133,152
308,698
478,203
221,450
478,112
472,513
571,186
546,629
428,855
359,693
559,080
341,070
2,762,918
2,763,740
2,971,231
2,999,023
2,999,278
3,378,084
3,643,149
3,562,222
3,347,878
3,531,754
3,699,732
2,729,976
2,581,569
2,698,061
3,110,415
2,638,197
2,504,586
2,746,881
2,545,355
2,411,311
2,313,557
2,475,822
2,186,354
2,077,099
1,969,889
1,914,384
1,842,270
2,068,095
1,981,852
2,460,580
3,691,837
3,773,006
4,446,193
4,407,744
5,334,801
5,560,988
4,988,403
5,372,771
4,394,685
3,549,216
3,549,351
3,523,554
3,794,851
3,193,587
511,945
962,221

962,221

511,945

3,193,587

3,794,851

3,523,554

3,549,351

3,549,216

4,394,685

5,372,771

4,988,403

5,560,988

5,334,801

4,407,744

4,446,193

3,773,006

3,691,837

2,460,580

1,981,852

2,068,095

1,842,270

1,914,384

1,969,889

2,077,099

2,186,354

2,475,822

2,313,557

2,411,311

2,545,355

2,746,881

2,504,586

2,638,197

3,110,415

2,698,061

2,581,569

2,729,976

3,699,732

3,531,754

3,347,878

3,562,222

3,643,149

3,378,084

2,999,278

2,999,023

2,971,231

2,763,740

2,762,918

341,070

559,080

359,693

428,855

546,629

571,186

472,513

478,112

221,450

478,203

308,698

133,152

249,588

247,562

129,913

124,101

121,696

140,091

140,029

119,695

156,658

175,577

149,015

176,636

157,298

171,304

159,062

156,171

163,849

160,491

163,989

102,791

133,447

181,886

135,040

127,732

142,166

131,441

127,739

140,814

139,662

138,117

91,552

97,362

127,749

111,438

113,239

154,940

118,629

117,110

111,085

129,900

103,900

89,000

109,300

100,000

78,100

88,300

95,200

107,700

86,700

90,700

94,400

142,500

81,200

95,300

96,800

111,900

93,800

81,900

69,800

109,800

73,400

80,400

59,900

60,900

67,600

77,100

51,500

71,200

37,600

55,700

58,700

71,600

54,900

54,500

66,300

45,700

54,400

60,800

62,600

46,300

57,700

Cash And Cash Equivalents

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
57,700
0
46,300
62,600
60,800
54,400
45,700
66,300
54,500
54,900
71,600
58,700
55,700
37,600
71,200
51,500
77,100
67,600
60,900
59,900
80,400
73,400
109,800
69,800
81,900
93,800
111,900
96,800
95,300
81,200
142,500
94,400
90,700
86,700
107,700
95,200
88,300
78,100
100,000
109,300
89,000
103,900
118,400
98,828
103,380
104,198
140,315
98,767
96,398
112,483
82,651
75,440
121,499
124,469
124,973
109,164
114,012
126,018
112,008
118,156
164,988
116,125
84,400
142,850
139,858
141,646
132,024
133,237
143,311
127,217
146,411
117,981
145,769
126,567
89,961
110,577
111,441
92,896
95,582
101,499
221,242
222,158
104,480
281,275
451,236
195,920
454,465
449,250
507,265
493,132
405,343
336,318
536,695
318,185
168,431
205,278
352,268
201,442
164,693
491,386
483,494
258,370
132,886
427,245
470,824
341,416
138,788
330,304
790,454
342,337
169,481
412,762
209,797
164,311
162,329
466,338
188,639
203,287
171,618
179,634
182,265
443,221
188,449
729,538
1,965,894
1,529,320
2,001,723
1,553,047
2,358,123
2,588,623
1,758,547
1,659,898
704,091
326,133
213,014
239,478
648,833
244,803
289,501
949,589

949,589

289,501

244,803

648,833

239,478

213,014

326,133

704,091

1,659,898

1,758,547

2,588,623

2,358,123

1,553,047

2,001,723

1,529,320

1,965,894

729,538

188,449

443,221

182,265

179,634

171,618

203,287

188,639

466,338

162,329

164,311

209,797

412,762

169,481

342,337

790,454

330,304

138,788

341,416

470,824

427,245

132,886

258,370

483,494

491,386

164,693

201,442

352,268

205,278

168,431

318,185

536,695

336,318

405,343

493,132

507,265

449,250

454,465

195,920

451,236

281,275

104,480

222,158

221,242

101,499

95,582

92,896

111,441

110,577

89,961

126,567

145,769

117,981

146,411

127,217

143,311

133,237

132,024

141,646

139,858

142,850

84,400

116,125

164,988

118,156

112,008

126,018

114,012

109,164

124,973

124,469

121,499

75,440

82,651

112,483

96,398

98,767

140,315

104,198

103,380

98,828

118,400

103,900

89,000

109,300

100,000

78,100

88,300

95,200

107,700

86,700

90,700

94,400

142,500

81,200

95,300

96,800

111,900

93,800

81,900

69,800

109,800

73,400

80,400

59,900

60,900

67,600

77,100

51,500

71,200

37,600

55,700

58,700

71,600

54,900

54,500

66,300

45,700

54,400

60,800

62,600

46,300

57,700

Short-term Investments

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
10,000
0
0
0
1,181,503
0
0
0
1,452,499
0
1,788,606
1,778,751
1,865,782
0
2,070,091
2,038,322
2,085,014
2,270,450
2,143,528
2,255,176
2,369,892
2,406,986
2,675,165
2,643,100
2,582,902
2,484,664
2,344,537
2,390,306
475
2,546,367
2,490,677
2,387,444
2,493,476
2,319,051
2,271,393
2,285,456
2,108,463
2,073,975
2,011,492
1,912,268
1,791,558
2,017,528
1,978,997
2,167,159
2,201,526
2,372,729
2,259,531
2,257,507
2,449,387
2,390,673
2,431,581
2,617,307
2,663,642
2,750,063
3,017,490
3,160,056
3,137,158
3,028,289
3,154,217
2,312,721
2,368,646
2,294,659
2,248,032
2,227,551
2,270,466
2,271,703
2,269,510
2,175,648
2,080,985
1,941,592
1,929,994
1,806,231
1,734,085
1,673,501
1,600,020
1,570,406
1,740,257
1,679,755
1,676,067
2,205,646
2,398,923
2,812,348
2,932,021
2,925,060
3,183,923
3,647,330
3,626,157
3,321,824
3,255,211
3,204,524
3,068,151
2,873,163
2,956,125
0

2,956,125

2,873,163

3,068,151

3,204,524

3,255,211

3,321,824

3,626,157

3,647,330

3,183,923

2,925,060

2,932,021

2,812,348

2,398,923

2,205,646

1,676,067

1,679,755

1,740,257

1,570,406

1,600,020

1,673,501

1,734,085

1,806,231

1,929,994

1,941,592

2,080,985

2,175,648

2,269,510

2,271,703

2,270,466

2,227,551

2,248,032

2,294,659

2,368,646

2,312,721

3,154,217

3,028,289

3,137,158

3,160,056

3,017,490

2,750,063

2,663,642

2,617,307

2,431,581

2,390,673

2,449,387

2,257,507

2,259,531

2,372,729

2,201,526

2,167,159

1,978,997

2,017,528

1,791,558

1,912,268

2,011,492

2,073,975

2,108,463

2,285,456

2,271,393

2,319,051

2,493,476

2,387,444

2,490,677

2,546,367

475

2,390,306

2,344,537

2,484,664

2,582,902

2,643,100

2,675,165

2,406,986

2,369,892

2,255,176

2,143,528

2,270,450

2,085,014

2,038,322

2,070,091

1,865,782

1,778,751

1,788,606

1,452,499

1,181,503

10,000

Net Receivables

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
9,400
0
0
0
11,500
12,257
13,730
14,431
14,625
14,472
15,040
15,266
14,711
16,112
16,618
15,193
15,841
18,575
17,429
16,148
15,724
16,884
16,898
17,322
18,391
21,139
20,633
22,203
24,147
25,825
27,993
30,081
30,225
31,034
29,808
30,091
29,734
29,452
28,650
28,800
28,519
28,414
26,320
27,430
28,672
27,423
26,967
25,530
23,647
23,263
63,921
53,497
23,512
23,375
22,385
22,885
145,100
167,789
187,382
180,274
170,943
136,635
142,165
143,796
77,834
76,220
74,691
75,839
74,135
73,098
71,929
68,309
64,639
62,416
66,048
71,352
70,243
67,892
67,721
67,581
64,186
61,249
59,985
54,468
53,146
51,287
49,876
38,040
45,547
42,349
44,657
47,305
45,933
65,543
64,437
76,656
81,126
79,552
77,867
75,621
301,342
0

301,342

75,621

77,867

79,552

81,126

76,656

64,437

65,543

45,933

47,305

44,657

42,349

45,547

38,040

49,876

51,287

53,146

54,468

59,985

61,249

64,186

67,581

67,721

67,892

70,243

71,352

66,048

62,416

64,639

68,309

71,929

73,098

74,135

75,839

74,691

76,220

77,834

143,796

142,165

136,635

170,943

180,274

187,382

167,789

145,100

22,885

22,385

23,375

23,512

53,497

63,921

23,263

23,647

25,530

26,967

27,423

28,672

27,430

26,320

28,414

28,519

28,800

28,650

29,452

29,734

30,091

29,808

31,034

30,225

30,081

27,993

25,825

24,147

22,203

20,633

21,139

18,391

17,322

16,898

16,884

15,724

16,148

17,429

18,575

15,841

15,193

16,618

16,112

14,711

15,266

15,040

14,472

14,625

14,431

13,730

12,257

11,500

9,400

Other Current Assets

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
547,000
561,300
557,900
0
628,600
667,000
705,100
704,400
720,600
709,800
741,100
799,300
906,000
911,300
951,000
982,100
993,900
1,027,000
1,064,300
1,116,900
1,190,200
1,261,100
1,332,200
1,423,300
1,417,300
1,482,500
1,491,700
1,844,700
1,869,281
1,958,416
2,063,135
2,118,447
2,124,212
2,181,400
2,203,613
-14,711
2,462,613
2,679,572
2,667,332
1,484,965
1,492,323
1,510,024
1,682,528
1,802,865
1,915,733
2,056,130
2,128,095
2,263,982
2,318,227
2,425,853
2,519,519
2,812,057
2,877,191
3,019,260
3,087,791
3,248,109
3,273,088
3,501,237
3,494,941
3,667,069
3,565,373
3,702,580
3,801,617
3,914,670
3,851,175
3,780,378
3,900,839
4,385,014
4,243,887
4,208,700
4,139,672
4,058,831
3,902,616
3,806,818
3,715,324
3,753,226
3,675,929
3,607,323
3,626,138
1,055,443
1,016,446
929,013
848,016
910,081
683,682
647,880
586,550
725,652
733,906
670,235
1,552,416
1,692,122
1,935,149
2,046,959
2,124,535
2,175,441
2,418,415
2,485,372
2,628,613
2,807,058
2,914,904
2,965,546
5,953,666
6,160,374
6,143,419
6,156,154
6,156,025
5,984,995
6,029,855
6,963,868
6,459,961
6,108,569
5,738,291
2,433,957
2,655,746
1,833,309
1,780,845
881,318
-175,397
455,096
435,618
842,355
504,650
511,945
962,221

962,221

511,945

504,650

842,355

435,618

455,096

-175,397

881,318

1,780,845

1,833,309

2,655,746

2,433,957

5,738,291

6,108,569

6,459,961

6,963,868

6,029,855

5,984,995

6,156,025

6,156,154

6,143,419

6,160,374

5,953,666

2,965,546

2,914,904

2,807,058

2,628,613

2,485,372

2,418,415

2,175,441

2,124,535

2,046,959

1,935,149

1,692,122

1,552,416

670,235

733,906

725,652

586,550

647,880

683,682

910,081

848,016

929,013

1,016,446

1,055,443

3,626,138

3,607,323

3,675,929

3,753,226

3,715,324

3,806,818

3,902,616

4,058,831

4,139,672

4,208,700

4,243,887

4,385,014

3,900,839

3,780,378

3,851,175

3,914,670

3,801,617

3,702,580

3,565,373

3,667,069

3,494,941

3,501,237

3,273,088

3,248,109

3,087,791

3,019,260

2,877,191

2,812,057

2,519,519

2,425,853

2,318,227

2,263,982

2,128,095

2,056,130

1,915,733

1,802,865

1,682,528

1,510,024

1,492,323

1,484,965

2,667,332

2,679,572

2,462,613

-14,711

2,203,613

2,181,400

2,124,212

2,118,447

2,063,135

1,958,416

1,869,281

1,844,700

1,491,700

1,482,500

1,417,300

1,423,300

1,332,200

1,261,100

1,190,200

1,116,900

1,064,300

1,027,000

993,900

982,100

951,000

911,300

906,000

799,300

741,100

709,800

720,600

704,400

705,100

667,000

628,600

557,900

561,300

547,000

> Long-term Assets

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
87,000
0
77,800
63,300
66,500
89,900
96,900
95,200
102,900
108,000
111,400
119,200
138,100
146,400
129,000
135,200
133,200
123,300
158,600
189,100
188,300
220,000
214,200
241,300
237,800
262,600
310,300
356,500
365,600
402,100
419,800
435,100
466,100
485,200
526,300
597,700
650,100
727,900
761,900
750,200
763,500
776,900
913,500
946,848
990,931
1,089,076
1,104,683
1,098,012
1,155,603
1,141,297
1,217,906
1,325,229
1,427,248
1,280,975
1,497,632
1,774,682
1,871,546
1,837,133
1,923,752
1,959,143
2,126,006
2,091,199
2,144,238
2,349,777
2,225,510
2,336,796
2,454,743
2,491,661
2,761,855
2,729,559
2,669,517
2,571,325
2,460,229
2,505,794
2,507,199
2,669,400
2,611,175
2,498,473
2,610,880
2,435,001
2,385,172
2,395,838
2,221,603
2,185,874
2,123,219
2,022,399
1,899,748
2,123,223
2,082,189
2,267,954
2,300,834
2,470,461
2,357,560
2,354,133
2,545,003
2,485,581
2,525,312
2,710,244
2,755,608
2,840,752
3,132,964
3,274,077
3,249,735
3,139,571
3,264,462
3,290,899
3,327,526
3,241,530
3,105,851
3,238,642
3,318,771
3,331,107
3,313,353
3,194,425
3,080,443
2,908,489
2,869,897
3,344,047
3,257,041
3,180,264
3,094,097
3,036,768
3,175,380
3,079,125
3,042,805
3,534,328
3,726,034
4,644,241
4,711,866
5,376,803
5,848,090
6,856,638
6,876,699
836,710
6,643,774
6,571,658
6,410,501
6,189,723
15,509,048
15,505,925

15,505,925

15,509,048

6,189,723

6,410,501

6,571,658

6,643,774

836,710

6,876,699

6,856,638

5,848,090

5,376,803

4,711,866

4,644,241

3,726,034

3,534,328

3,042,805

3,079,125

3,175,380

3,036,768

3,094,097

3,180,264

3,257,041

3,344,047

2,869,897

2,908,489

3,080,443

3,194,425

3,313,353

3,331,107

3,318,771

3,238,642

3,105,851

3,241,530

3,327,526

3,290,899

3,264,462

3,139,571

3,249,735

3,274,077

3,132,964

2,840,752

2,755,608

2,710,244

2,525,312

2,485,581

2,545,003

2,354,133

2,357,560

2,470,461

2,300,834

2,267,954

2,082,189

2,123,223

1,899,748

2,022,399

2,123,219

2,185,874

2,221,603

2,395,838

2,385,172

2,435,001

2,610,880

2,498,473

2,611,175

2,669,400

2,507,199

2,505,794

2,460,229

2,571,325

2,669,517

2,729,559

2,761,855

2,491,661

2,454,743

2,336,796

2,225,510

2,349,777

2,144,238

2,091,199

2,126,006

1,959,143

1,923,752

1,837,133

1,871,546

1,774,682

1,497,632

1,280,975

1,427,248

1,325,229

1,217,906

1,141,297

1,155,603

1,098,012

1,104,683

1,089,076

990,931

946,848

913,500

776,900

763,500

750,200

761,900

727,900

650,100

597,700

526,300

485,200

466,100

435,100

419,800

402,100

365,600

356,500

310,300

262,600

237,800

241,300

214,200

220,000

188,300

189,100

158,600

123,300

133,200

135,200

129,000

146,400

138,100

119,200

111,400

108,000

102,900

95,200

96,900

89,900

66,500

63,300

77,800

87,000

Property Plant Equipment

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
9,900
0
9,700
9,600
9,700
9,600
9,600
9,400
9,100
8,800
8,600
8,500
8,300
8,200
7,900
7,900
8,300
8,700
9,100
9,600
10,900
12,500
12,800
12,600
12,200
12,200
17,200
23,600
23,800
23,800
24,200
23,900
23,500
23,200
23,400
21,900
21,700
21,400
22,300
22,000
22,100
22,200
27,700
27,638
27,335
27,446
27,206
27,100
27,921
29,330
29,921
29,733
29,211
28,786
29,413
30,527
31,602
31,683
31,069
30,035
29,607
26,865
33,508
35,755
39,596
39,823
40,020
41,258
43,862
44,219
44,963
45,597
46,391
47,048
46,855
46,585
45,206
44,015
44,420
44,015
42,838
42,285
41,444
41,519
42,585
41,936
40,921
39,431
38,019
36,725
36,280
35,624
36,462
35,577
35,080
34,886
34,211
33,604
32,831
31,723
36,014
34,609
33,591
32,628
31,894
31,797
31,382
39,922
39,702
38,671
42,086
47,262
47,362
46,654
46,166
45,542
44,691
59,256
58,193
55,833
54,163
53,256
53,978
52,867
51,766
51,477
51,144
49,735
49,914
49,812
49,096
53,435
47,100
47,422
46,698
45,310
45,518
44,561
66,364
43,448

43,448

66,364

44,561

45,518

45,310

46,698

47,422

47,100

53,435

49,096

49,812

49,914

49,735

51,144

51,477

51,766

52,867

53,978

53,256

54,163

55,833

58,193

59,256

44,691

45,542

46,166

46,654

47,362

47,262

42,086

38,671

39,702

39,922

31,382

31,797

31,894

32,628

33,591

34,609

36,014

31,723

32,831

33,604

34,211

34,886

35,080

35,577

36,462

35,624

36,280

36,725

38,019

39,431

40,921

41,936

42,585

41,519

41,444

42,285

42,838

44,015

44,420

44,015

45,206

46,585

46,855

47,048

46,391

45,597

44,963

44,219

43,862

41,258

40,020

39,823

39,596

35,755

33,508

26,865

29,607

30,035

31,069

31,683

31,602

30,527

29,413

28,786

29,211

29,733

29,921

29,330

27,921

27,100

27,206

27,446

27,335

27,638

27,700

22,200

22,100

22,000

22,300

21,400

21,700

21,900

23,400

23,200

23,500

23,900

24,200

23,800

23,600

17,200

12,200

12,600

12,800

12,500

10,900

9,600

9,100

8,700

8,300

7,900

8,200

8,300

8,500

8,600

8,800

9,100

9,400

9,600

9,700

9,600

9,700

9,900

Goodwill

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
19,580
28,755
28,735
28,735
32,357
31,531
31,531
31,531
31,531
31,531
60,357
46,582
55,167
55,097
55,097
55,097
55,097
55,097
55,097
55,097
55,097
55,097
55,097
55,097
55,097
55,097
55,097
55,097
55,097
55,097
55,097
55,097
55,097
55,097
55,097
55,097
55,097
55,097
74,762
74,244
74,244
74,244
74,244
74,244
74,244
88,174
88,174
88,174
89,533
119,193
119,193
116,564
116,564
116,564
116,564
662,888
666,539
666,539
663,707
663,707
663,707
663,707
663,707
663,707
663,707
663,707
663,707
663,707
663,707
765,822
765,822
765,822
765,822
765,822
765,822
765,822
765,822
765,822

765,822

663,707

666,539

662,888

116,564

119,193

89,533

88,174

74,244

74,762

55,097

55,167

46,582

60,357

31,531

32,357

28,735

28,755

19,580

Long Term Investments

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,503,924
10,155
12,539
2,383
2,280
2,191
2,122
3,161,922
3,099,271
3,086,267
3,202,489
3,312,458
3,190,564
3,422,907
3,515,901
3,764,407
3,663,900
3,733,900
4,639,675
7,184,409
7,228,170
7,149,379
4,234,166
4,338,051
4,560,812
4,632,024
4,690,320
4,775,573
4,735,048
4,757,373
7,522,872
7,701,418
7,543,937
7,470,833
7,435,229
7,500,806
7,388,400
8,313,440
8,318,192
8,258,508
3,899,332
3,968,945
4,635,998
5,109,893
6,010,071
6,038,465
5,879,746
5,809,512
5,740,503
5,580,858
5,362,604
5,490,675
0

5,490,675

5,362,604

5,580,858

5,740,503

5,809,512

5,879,746

6,038,465

6,010,071

5,109,893

4,635,998

3,968,945

3,899,332

8,258,508

8,318,192

8,313,440

7,388,400

7,500,806

7,435,229

7,470,833

7,543,937

7,701,418

7,522,872

4,757,373

4,735,048

4,775,573

4,690,320

4,632,024

4,560,812

4,338,051

4,234,166

7,149,379

7,228,170

7,184,409

4,639,675

3,733,900

3,663,900

3,764,407

3,515,901

3,422,907

3,190,564

3,312,458

3,202,489

3,086,267

3,099,271

3,161,922

2,122

2,191

2,280

2,383

12,539

10,155

3,503,924

Intangible Assets

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
8,156
8,010
7,706
7,403
7,128
6,913
6,698
6,482
1,235
11,610
12,537
15,720
15,608
15,405
26,699
26,901
26,605
26,308
26,012
6,136
14,817
13,651
13,062
12,474
11,886
11,297
10,709
10,121
9,533
8,944
21,858
69,778
13,713
12,815
11,917
11,020
10,231
9,497
8,763
12,761
11,811
10,872
9,937
9,029
8,128
7,262
6,399
5,548
4,731
4,279
3,830
3,389
2,950
2,514
2,386
2,261
2,139
3,048
3,570
3,214
2,946
2,707
2,487
2,265
5,882
5,586
5,293
5,010
7,892
7,519
7,177
6,838
6,507
6,179
56,643
53,784
50,927
48,094
45,446
42,986
40,541
38,096
35,804
33,634
31,467
29,300
27,286
25,394
27,310
25,312
23,466
21,742
20,023
18,303
16,736
15,290
13,853

13,853

15,290

16,736

18,303

20,023

21,742

23,466

25,312

27,310

25,394

27,286

29,300

31,467

33,634

35,804

38,096

40,541

42,986

45,446

48,094

50,927

53,784

56,643

6,179

6,507

6,838

7,177

7,519

7,892

5,010

5,293

5,586

5,882

2,265

2,487

2,707

2,946

3,214

3,570

3,048

2,139

2,261

2,386

2,514

2,950

3,389

3,830

4,279

4,731

5,548

6,399

7,262

8,128

9,029

9,937

10,872

11,811

12,761

8,763

9,497

10,231

11,020

11,917

12,815

13,713

69,778

21,858

8,944

9,533

10,121

10,709

11,297

11,886

12,474

13,062

13,651

14,817

6,136

26,012

26,308

26,605

26,901

26,699

15,405

15,608

15,720

12,537

11,610

1,235

6,482

6,698

6,913

7,128

7,403

7,706

8,010

8,156

Earning Assets

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,439,828
2,368,443
2,529,200
2,474,038
2,963,876
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

2,963,876

2,474,038

2,529,200

2,368,443

2,439,828

Other Assets

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
285,500
0
348,600
355,200
368,700
365,600
369,800
358,900
359,900
369,000
377,300
373,200
373,400
380,500
391,900
421,800
438,400
445,300
467,900
451,100
497,600
506,900
512,100
500,900
493,000
499,400
514,700
585,100
581,800
584,700
598,100
594,400
595,800
613,400
624,800
624,900
642,900
635,600
693,300
698,400
750,100
745,700
967,400
958,227
1,002,830
1,009,211
1,048,373
1,060,428
1,060,631
1,098,344
1,198,834
1,168,352
1,293,145
1,427,679
1,484,965
1,492,323
1,510,024
1,682,528
1,802,865
1,915,733
2,056,130
2,128,095
2,263,982
2,318,227
2,425,853
2,519,519
2,812,057
2,877,191
3,019,260
3,087,791
3,248,109
3,273,088
3,501,237
3,494,941
3,667,069
3,565,373
3,702,580
3,801,617
3,914,670
3,851,175
3,782,163
3,900,839
4,385,014
4,294,080
4,258,974
4,240,022
4,058,831
3,902,616
3,806,818
3,715,324
3,753,226
3,675,929
3,607,323
3,626,138
1,055,443
1,016,446
929,013
848,016
910,081
683,682
647,880
586,550
780,307
771,626
733,164
1,605,587
1,762,105
1,981,245
2,096,041
2,168,154
2,250,350
2,481,133
2,559,495
2,698,276
2,876,586
2,971,849
3,037,612
6,059,195
6,302,223
6,210,309
6,235,216
6,227,899
6,125,218
6,067,183
7,016,655
6,511,377
6,247,087
5,788,453
5,492,621
5,263,807
5,047,204
5,309,728
5,488,609
11,963,350
6,283,415
6,178,829
6,279,192
6,519,705
0
0

6,519,705

6,279,192

6,178,829

6,283,415

11,963,350

5,488,609

5,309,728

5,047,204

5,263,807

5,492,621

5,788,453

6,247,087

6,511,377

7,016,655

6,067,183

6,125,218

6,227,899

6,235,216

6,210,309

6,302,223

6,059,195

3,037,612

2,971,849

2,876,586

2,698,276

2,559,495

2,481,133

2,250,350

2,168,154

2,096,041

1,981,245

1,762,105

1,605,587

733,164

771,626

780,307

586,550

647,880

683,682

910,081

848,016

929,013

1,016,446

1,055,443

3,626,138

3,607,323

3,675,929

3,753,226

3,715,324

3,806,818

3,902,616

4,058,831

4,240,022

4,258,974

4,294,080

4,385,014

3,900,839

3,782,163

3,851,175

3,914,670

3,801,617

3,702,580

3,565,373

3,667,069

3,494,941

3,501,237

3,273,088

3,248,109

3,087,791

3,019,260

2,877,191

2,812,057

2,519,519

2,425,853

2,318,227

2,263,982

2,128,095

2,056,130

1,915,733

1,802,865

1,682,528

1,510,024

1,492,323

1,484,965

1,427,679

1,293,145

1,168,352

1,198,834

1,098,344

1,060,631

1,060,428

1,048,373

1,009,211

1,002,830

958,227

967,400

745,700

750,100

698,400

693,300

635,600

642,900

624,900

624,800

613,400

595,800

594,400

598,100

584,700

581,800

585,100

514,700

499,400

493,000

500,900

512,100

506,900

497,600

451,100

467,900

445,300

438,400

421,800

391,900

380,500

373,400

373,200

377,300

369,000

359,900

358,900

369,800

365,600

368,700

355,200

348,600

285,500

> Total Liabilities

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
10,700
0
7,000
4,200
6,100
10,100
6,400
8,100
8,400
10,300
516,100
3,600
8,200
11,400
540,100
500
10,000
500
627,400
500
500
500
774,200
500
500
500
40,000
959,600
962,700
983,600
56,000
1,034,200
1,059,800
400
49,000
1,212,700
1,272,100
400
200,000
1,440,400
1,484,500
215,000
328,300
355,536
398,752
350,000
2,119,366
2,072,600
2,124,648
2,146,117
2,293,354
2,361,467
2,617,127
2,592,756
2,863,590
3,128,578
3,241,212
3,384,005
3,567,628
3,713,487
4,083,166
4,042,659
4,193,528
4,507,762
4,474,999
4,682,989
5,080,094
5,188,349
5,614,165
5,591,758
5,704,923
5,599,587
5,740,209
5,750,576
5,869,015
5,923,013
6,019,652
5,986,966
6,034,759
5,789,728
5,791,521
5,894,755
6,101,541
6,135,887
6,186,412
5,819,113
5,792,836
5,843,748
5,776,508
5,830,032
5,768,101
5,776,076
5,775,710
5,567,134
5,600,394
5,497,555
5,673,482
5,789,061
5,893,080
6,093,337
6,583,234
6,573,618
6,499,811
6,545,833
6,803,367
6,705,735
6,747,801
6,948,974
25,774
25,774
7,082,845
25,774
25,774
7,227,548
25,774
25,774
25,774
9,661,761
9,677,963
9,414,030
25,774
9,365,869
25,774
25,774
11,792,199
35,774
12,411,324
12,807,762
13,484,214
14,137,678
13,802,194
15,464,094
14,777,782
14,470,390
14,528,023
14,284,272
1,495,000
1,120,000
13,943,021
14,381,321

14,381,321

13,943,021

1,120,000

1,495,000

14,284,272

14,528,023

14,470,390

14,777,782

15,464,094

13,802,194

14,137,678

13,484,214

12,807,762

12,411,324

35,774

11,792,199

25,774

9,365,869

25,774

9,414,030

9,677,963

9,661,761

25,774

7,227,548

25,774

7,082,845

25,774

6,948,974

6,747,801

6,705,735

6,803,367

6,545,833

6,499,811

6,573,618

6,583,234

6,093,337

5,893,080

5,789,061

5,673,482

5,497,555

5,600,394

5,567,134

5,775,710

5,776,076

5,768,101

5,830,032

5,776,508

5,843,748

5,792,836

5,819,113

6,186,412

6,135,887

6,101,541

5,894,755

5,791,521

5,789,728

6,034,759

5,986,966

6,019,652

5,923,013

5,869,015

5,750,576

5,740,209

5,599,587

5,704,923

5,591,758

5,614,165

5,188,349

5,080,094

4,682,989

4,474,999

4,507,762

4,193,528

4,042,659

4,083,166

3,713,487

3,567,628

3,384,005

3,241,212

3,128,578

2,863,590

2,592,756

2,617,127

2,361,467

2,293,354

2,146,117

2,124,648

2,072,600

2,119,366

350,000

398,752

355,536

328,300

215,000

1,484,500

1,440,400

200,000

400

1,272,100

1,212,700

49,000

400

1,059,800

1,034,200

56,000

983,600

962,700

959,600

40,000

500

774,200

500

627,400

500

10,000

500

540,100

11,400

8,200

3,600

516,100

10,300

8,400

8,100

6,400

10,100

6,100

4,200

7,000

10,700

> Total Current Liabilities

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
40,000
40,000
40,000
40,000
56,000
50,000
70,000
0
49,000
85,000
135,000
0
200,000
2,800
226,000
215,000
328,300
355,536
398,752
350,000
492,742
116,151
144,151
137,495
57,402
69,889
164,855
57,839
202,497
296,340
436,688
401,965
410,759
361,590
527,431
322,876
364,809
486,737
467,742
568,506
937,480
1,258,125
1,298,178
1,472,264
861,056
367,364
321,625
359,826
1,061,812
1,158,007
1,201,747
1,069,766
1,752,774
1,172,684
972,554
966,861
762,024
663,424
661,683
562,178
4,985
561,050
558,003
552,837
3,526
3,417
452,153
200,440
27,493
1,306
1,176
43,588
70,111
1,083
1,168
1,120
47,161
306
321
273
46,264
275
560
668
53,000
1,608
1,679
63,000
40,046
1,387
1,263
30,000
280,000
153,000
745
4,914
35,587
10,473
10,000
21,412
5,000
5,000
13,217,933
13,564,138
2,281
15,059,463
14,547,818
189,172
186,684
151,954
146,977
214,506
13,768,333
7,388,509

7,388,509

13,768,333

214,506

146,977

151,954

186,684

189,172

14,547,818

15,059,463

2,281

13,564,138

13,217,933

5,000

21,412

10,000

10,473

35,587

4,914

745

153,000

280,000

30,000

1,263

1,387

40,046

63,000

1,679

1,608

53,000

668

560

275

46,264

273

321

306

47,161

1,120

1,168

1,083

70,111

43,588

1,176

1,306

27,493

200,440

452,153

3,417

3,526

552,837

558,003

561,050

4,985

562,178

661,683

663,424

762,024

966,861

972,554

1,172,684

1,752,774

1,069,766

1,201,747

1,158,007

1,061,812

359,826

321,625

367,364

861,056

1,472,264

1,298,178

1,258,125

937,480

568,506

467,742

486,737

364,809

322,876

527,431

361,590

410,759

401,965

436,688

296,340

202,497

57,839

164,855

69,889

57,402

137,495

144,151

116,151

492,742

350,000

398,752

355,536

328,300

215,000

226,000

2,800

200,000

135,000

85,000

49,000

70,000

50,000

56,000

40,000

Short-term Debt

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
40,000
40,000
40,000
40,000
56,000
50,000
70,000
0
49,000
85,000
135,000
0
200,000
2,800
226,000
215,000
323,000
355,536
398,752
350,000
486,000
110,559
136,354
132,858
50,000
65,000
157,000
52,700
196,000
291,000
431,000
398,000
405,500
356,729
522,131
317,253
356,000
478,136
457,079
558,529
922,433
1,245,936
1,280,462
1,456,011
844,900
347,500
306,000
340,680
1,048,500
1,140,851
1,189,850
1,051,598
1,743,033
1,164,237
963,995
958,441
755,543
657,418
655,865
557,074
0
556,424
553,526
548,594
0
0
448,798
198,866
26,000
26,000
0
42,482
69,000
69,000
0
0
46,000
46,000
0
0
46,000
631,860
590,465
577,990
53,000
53,000
577,007
63,000
582,758
514,696
411,233
30,000
280,000
153,000
0
4,914
0
0
10,000
0
5,000
5,000
581,620
661,292
2,281
604,349
506,506
469,638
995,000
1,405,000
1,495,000
1,391,243
2,348,998
275,720

275,720

2,348,998

1,391,243

1,495,000

1,405,000

995,000

469,638

506,506

604,349

2,281

661,292

581,620

5,000

10,000

4,914

153,000

280,000

30,000

411,233

514,696

582,758

63,000

577,007

53,000

577,990

590,465

631,860

46,000

69,000

42,482

26,000

198,866

448,798

548,594

553,526

556,424

557,074

655,865

657,418

755,543

958,441

963,995

1,164,237

1,743,033

1,051,598

1,189,850

1,140,851

1,048,500

340,680

306,000

347,500

844,900

1,456,011

1,280,462

1,245,936

922,433

558,529

457,079

478,136

356,000

317,253

522,131

356,729

405,500

398,000

431,000

291,000

196,000

52,700

157,000

65,000

50,000

132,858

136,354

110,559

486,000

350,000

398,752

355,536

323,000

215,000

226,000

2,800

200,000

135,000

85,000

49,000

70,000

50,000

56,000

40,000

Short Long Term Debt

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
844,960
0
0
0
771,822
631,860
590,465
577,990
687,585
564,387
577,007
549,626
582,758
514,696
411,233
0
0
153,000
0
4,914
0
0
10,000
0
5,000
5,000
0
0
2,281
0
0
0
995,000
1,405,000
1,495,000
1,120,000
2,070,000
0

2,070,000

1,120,000

1,495,000

1,405,000

995,000

2,281

5,000

10,000

4,914

153,000

411,233

514,696

582,758

549,626

577,007

564,387

687,585

577,990

590,465

631,860

771,822

844,960

Accounts payable

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,700
0
0
0
5,300
1,460,486
1,477,784
1,658,237
6,742
5,592
7,797
4,637
7,402
4,889
7,855
5,139
6,497
5,340
5,688
3,965
5,259
4,861
5,300
5,623
8,809
8,601
10,663
9,977
15,047
12,189
17,716
16,253
16,156
19,864
15,625
19,146
13,312
17,156
11,897
18,168
9,741
8,447
8,559
8,420
6,481
6,006
5,818
5,104
4,985
4,626
4,477
4,243
3,526
3,417
3,355
1,574
1,493
1,306
1,176
1,106
1,111
1,083
1,168
1,120
1,161
306
321
273
264
275
6,585,986
6,320,995
6,309,680
6,842,813
6,697,181
6,608,096
6,546,853
6,709,435
6,535,306
9,109,826
8,827,490
8,654,120
8,662,823
8,794,330
8,704,928
9,113,604
11,145,670
11,168,834
11,736,501
12,159,628
12,779,487
13,351,967
13,026,782
14,745,757
14,152,449
13,881,096
433
12,271,870
0
0
23,268
0

23,268

12,271,870

433

13,881,096

14,152,449

14,745,757

13,026,782

13,351,967

12,779,487

12,159,628

11,736,501

11,168,834

11,145,670

9,113,604

8,704,928

8,794,330

8,662,823

8,654,120

8,827,490

9,109,826

6,535,306

6,709,435

6,546,853

6,608,096

6,697,181

6,842,813

6,309,680

6,320,995

6,585,986

275

264

273

321

306

1,161

1,120

1,168

1,083

1,111

1,106

1,176

1,306

1,493

1,574

3,355

3,417

3,526

4,243

4,477

4,626

4,985

5,104

5,818

6,006

6,481

8,420

8,559

8,447

9,741

18,168

11,897

17,156

13,312

19,146

15,625

19,864

16,156

16,253

17,716

12,189

15,047

9,977

10,663

8,601

8,809

5,623

5,300

4,861

5,259

3,965

5,688

5,340

6,497

5,139

7,855

4,889

7,402

4,637

7,797

5,592

6,742

1,658,237

1,477,784

1,460,486

5,300

4,700

Other Current Liabilities

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-40,000
-40,000
-40,000
-40,000
-56,000
-50,000
-70,000
0
-49,000
-85,000
-135,000
0
-4,700
-2,800
-226,000
-215,000
-328,300
-355,536
-398,752
-350,000
-492,742
-116,151
-144,151
-137,495
-57,402
-69,889
-164,855
-57,839
-202,497
-296,340
-436,688
-401,965
-410,759
-361,590
-527,431
-322,876
-364,809
-486,737
-467,742
-568,506
-937,480
-1,258,125
-1,298,178
-1,472,264
-861,056
-367,364
-321,625
-359,826
-1,061,812
-1,158,007
-1,201,747
-1,069,766
-1,752,774
-1,172,684
-972,554
-966,861
-762,024
-663,424
-661,683
-562,178
-4,985
-561,050
-558,003
-552,837
-3,526
-3,417
-452,153
-200,440
-27,493
-1,306
-1,176
-43,588
-70,111
-1,083
-1,168
-1,120
-47,161
-306
-321
-273
-46,264
-275
6,585,986
6,320,995
-53,000
6,842,813
6,697,181
-63,000
6,546,853
6,709,435
6,535,306
-30,000
-280,000
-153,000
8,662,823
-4,914
8,704,928
9,113,604
-10,000
11,168,834
-5,000
-5,000
12,636,313
12,902,846
-2,281
14,455,114
14,041,312
-280,466
-808,316
-1,253,046
-1,348,023
-1,176,737
11,419,335
7,112,789

7,112,789

11,419,335

-1,176,737

-1,348,023

-1,253,046

-808,316

-280,466

14,041,312

14,455,114

-2,281

12,902,846

12,636,313

-5,000

11,168,834

-10,000

9,113,604

8,704,928

-4,914

8,662,823

-153,000

-280,000

-30,000

6,535,306

6,709,435

6,546,853

-63,000

6,697,181

6,842,813

-53,000

6,320,995

6,585,986

-275

-46,264

-273

-321

-306

-47,161

-1,120

-1,168

-1,083

-70,111

-43,588

-1,176

-1,306

-27,493

-200,440

-452,153

-3,417

-3,526

-552,837

-558,003

-561,050

-4,985

-562,178

-661,683

-663,424

-762,024

-966,861

-972,554

-1,172,684

-1,752,774

-1,069,766

-1,201,747

-1,158,007

-1,061,812

-359,826

-321,625

-367,364

-861,056

-1,472,264

-1,298,178

-1,258,125

-937,480

-568,506

-467,742

-486,737

-364,809

-322,876

-527,431

-361,590

-410,759

-401,965

-436,688

-296,340

-202,497

-57,839

-164,855

-69,889

-57,402

-137,495

-144,151

-116,151

-492,742

-350,000

-398,752

-355,536

-328,300

-215,000

-226,000

-2,800

-4,700

-135,000

-85,000

-49,000

-70,000

-50,000

-56,000

-40,000

> Long-term Liabilities

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
10,700
0
7,000
4,200
6,100
10,100
6,400
8,100
8,400
10,300
0
3,600
8,200
11,400
0
500
10,000
500
0
500
500
500
0
500
500
500
0
500
500
500
0
400
400
400
0
400
400
400
0
400
12,200
0
0
0
0
0
11,234
300,332
304,323
205,314
334,999
317,288
307,237
292,000
286,888
432,000
360,538
341,251
467,310
613,476
682,476
812,476
918,929
967,476
982,476
837,476
662,476
413,250
578,250
558,250
1,058,250
1,358,250
1,375,613
1,320,859
820,055
720,055
920,132
1,070,055
119,228
115,055
115,055
115,055
115,055
115,055
115,055
115,055
670,362
115,055
117,538
116,985
563,717
556,980
87,631
67,012
265,946
245,395
224,844
224,912
224,980
225,048
225,116
225,184
225,253
25,774
25,774
25,774
25,774
30,774
25,774
25,774
25,774
25,774
25,774
25,774
25,774
25,774
25,774
25,774
25,774
25,774
25,774
25,774
25,774
25,774
25,774
35,774
25,774
25,774
266,281
573,540
2,281
404,631
229,964
14,281,218
14,341,339
14,132,318
1,495,000
1,120,000
174,688
6,992,812

6,992,812

174,688

1,120,000

1,495,000

14,132,318

14,341,339

14,281,218

229,964

404,631

2,281

573,540

266,281

25,774

35,774

25,774

30,774

25,774

225,253

225,184

225,116

225,048

224,980

224,912

224,844

245,395

265,946

67,012

87,631

556,980

563,717

116,985

117,538

115,055

670,362

115,055

119,228

1,070,055

920,132

720,055

820,055

1,320,859

1,375,613

1,358,250

1,058,250

558,250

578,250

413,250

662,476

837,476

982,476

967,476

918,929

812,476

682,476

613,476

467,310

341,251

360,538

432,000

286,888

292,000

307,237

317,288

334,999

205,314

304,323

300,332

11,234

12,200

400

500

10,000

500

11,400

8,200

3,600

10,300

8,400

8,100

6,400

10,100

6,100

4,200

7,000

10,700

Long term Debt Total

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
671,479
668,581
663,649
563,717
556,980
536,429
265,878
291,946
245,395
224,844
68,256
94,774
25,774
25,774
25,774
71,774
25,774
25,774
25,774
71,774
25,774
25,774
25,774
78,774
25,774
25,774
88,774
25,774
25,774
25,774
55,774
305,774
178,774
25,774
30,688
25,774
25,774
35,774
35,774
30,774
30,774
0
0
2,281
0
0
0
0
1,405,000
0
0
0
0

1,405,000

2,281

30,774

35,774

25,774

30,688

25,774

178,774

305,774

55,774

25,774

88,774

25,774

78,774

25,774

71,774

25,774

71,774

25,774

94,774

68,256

224,844

245,395

291,946

265,878

536,429

556,980

563,717

663,649

668,581

671,479

Other Liabilities

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
26,964
33,276
27,089
27,102
40,957
30,249
54,657
31,396
87,815
41,376
41,088
70,738
85,083
42,504
30,896
34,308
44,026
46,956
44,993
43,560
44,956
42,908
73,646
71,139
53,082
162,600
54,020
43,370
45,734
42,640
73,284
49,262
181,315
45,731
55,065
60,702
71,155
53,140
71,162
57,157
59,601
68,341
66,947
61,458
108,571
65,753
90,036
90,466
61,421
72,795
71,352
61,217
65,884
124,675
60,298
65,218
130,701
117,313
60,317
60,273
61,931
121,387
110,315
68,063
75,062
118,619
116,931
91,363
79,814
88,394
75,609
74,920
66,816
62,644
94,636
99,561
91,710
92,392
96,263
96,097
104,470
84,378
89,532
204,643
86,095
126,520
126,132
130,743
119,428
122,504
121,450
106,807
117,167
112,985
0
0
0

112,985

117,167

106,807

121,450

122,504

119,428

130,743

126,132

126,520

86,095

204,643

89,532

84,378

104,470

96,097

96,263

92,392

91,710

99,561

94,636

62,644

66,816

74,920

75,609

88,394

79,814

91,363

116,931

118,619

75,062

68,063

110,315

121,387

61,931

60,273

60,317

117,313

130,701

65,218

60,298

124,675

65,884

61,217

71,352

72,795

61,421

90,466

90,036

65,753

108,571

61,458

66,947

68,341

59,601

57,157

71,162

53,140

71,155

60,702

55,065

45,731

181,315

49,262

73,284

42,640

45,734

43,370

54,020

162,600

53,082

71,139

73,646

42,908

44,956

43,560

44,993

46,956

44,026

34,308

30,896

42,504

85,083

70,738

41,088

41,376

87,815

31,396

54,657

30,249

40,957

27,102

27,089

33,276

26,964

Deferred Long Term Liability

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
9,212
8,827
8,758
8,735
9,092
8,940
8,957
8,781
9,259
9,292
9,316
9,449
9,956
10,088
10,175
10,291
10,988
11,093
11,100
11,269
11,809
11,920
12,177
12,361
18,168
18,163
18,024
18,223
18,861
19,012
19,159
20,033
20,860
20,953
22,334
22,666
22,454
22,558
21,259
21,611
22,023
22,253
20,675
20,879
23,948
23,917
21,898
0
22,873
0
0
0
0

22,873

21,898

23,917

23,948

20,879

20,675

22,253

22,023

21,611

21,259

22,558

22,454

22,666

22,334

20,953

20,860

20,033

19,159

19,012

18,861

18,223

18,024

18,163

18,168

12,361

12,177

11,920

11,809

11,269

11,100

11,093

10,988

10,291

10,175

10,088

9,956

9,449

9,316

9,292

9,259

8,781

8,957

8,940

9,092

8,735

8,758

8,827

9,212

> Total Stockholder Equity

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
28,300
0
32,500
34,300
36,200
38,100
38,400
39,100
40,700
42,400
44,200
46,500
48,100
49,900
52,000
53,700
55,500
57,900
60,000
60,100
59,900
61,900
61,900
67,000
71,800
74,300
78,300
78,800
80,000
84,400
89,100
89,700
92,800
97,600
102,100
105,100
109,200
114,600
115,700
117,500
118,100
114,800
140,800
145,174
153,059
167,006
188,630
199,079
203,024
221,273
220,748
223,666
241,383
255,560
259,821
266,166
271,799
277,822
286,721
296,429
280,856
310,082
317,483
324,231
336,855
337,175
342,877
339,565
338,254
382,890
389,339
393,841
396,834
406,817
424,948
451,789
434,194
434,820
614,892
626,361
623,376
651,510
638,228
652,765
673,984
664,758
643,855
654,604
683,685
699,875
714,814
730,007
748,253
754,207
762,970
768,212
752,074
768,222
771,887
809,181
840,759
849,231
878,109
897,118
893,991
920,727
923,399
971,862
991,463
1,003,303
990,862
1,046,333
1,060,769
1,076,464
1,069,266
1,066,858
1,083,417
1,818,580
1,851,190
1,890,927
1,936,677
1,966,893
1,994,098
1,941,386
1,959,098
1,981,957
2,007,990
2,032,676
2,055,074
2,063,920
2,081,503
2,075,043
1,982,211
1,878,886
1,948,517
1,989,769
2,001,367
1,951,401
2,077,972
-335,285

-335,285

2,077,972

1,951,401

2,001,367

1,989,769

1,948,517

1,878,886

1,982,211

2,075,043

2,081,503

2,063,920

2,055,074

2,032,676

2,007,990

1,981,957

1,959,098

1,941,386

1,994,098

1,966,893

1,936,677

1,890,927

1,851,190

1,818,580

1,083,417

1,066,858

1,069,266

1,076,464

1,060,769

1,046,333

990,862

1,003,303

991,463

971,862

923,399

920,727

893,991

897,118

878,109

849,231

840,759

809,181

771,887

768,222

752,074

768,212

762,970

754,207

748,253

730,007

714,814

699,875

683,685

654,604

643,855

664,758

673,984

652,765

638,228

651,510

623,376

626,361

614,892

434,820

434,194

451,789

424,948

406,817

396,834

393,841

389,339

382,890

338,254

339,565

342,877

337,175

336,855

324,231

317,483

310,082

280,856

296,429

286,721

277,822

271,799

266,166

259,821

255,560

241,383

223,666

220,748

221,273

203,024

199,079

188,630

167,006

153,059

145,174

140,800

114,800

118,100

117,500

115,700

114,600

109,200

105,100

102,100

97,600

92,800

89,700

89,100

84,400

80,000

78,800

78,300

74,300

71,800

67,000

61,900

59,900

60,100

60,000

57,900

55,500

53,700

52,000

49,900

48,100

46,500

44,200

42,400

40,700

39,100

38,400

38,100

36,200

34,300

32,500

28,300

Common Stock

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
102,600
0
0
0
105,300
107,440
107,470
107,508
145,648
145,765
145,967
146,064
146,108
146,344
146,428
144,380
144,487
145,602
144,853
151,345
232,959
233,173
233,245
233,324
236,277
252,000
251,838
252,208
252,717
253,302
253,681
254,152
366,082
357,084
368,990
356,220
0
353,928
354,729
355,494
364,469
365,204
365,594
492,014
491,226
491,945
493,393
489,739
490,226
490,837
491,472
480,121
479,973
481,843
483,226
483,951
719,719
732,959
748,057
763,960
781,217
804,137
816,702
831,143
847,034
854,287
870,282
886,174
902,490
935,136
950,391
964,700
980,691
1,035,916
1,049,633
1,064,620
573,453
1,087,709
1,108,915
1,851,395
1,869,474
1,896,372
1,928,397
1,954,797
1,981,484
1,902,980
1,921,594
1,945,864
1,972,641
1,997,618
2,041,823
2,060,842
2,085,471
2,221,305
2,229,050
2,262,383
2,303,313
2,315,896
2,346,243
2,378,539
1,288,899
2,422,110

2,422,110

1,288,899

2,378,539

2,346,243

2,315,896

2,303,313

2,262,383

2,229,050

2,221,305

2,085,471

2,060,842

2,041,823

1,997,618

1,972,641

1,945,864

1,921,594

1,902,980

1,981,484

1,954,797

1,928,397

1,896,372

1,869,474

1,851,395

1,108,915

1,087,709

573,453

1,064,620

1,049,633

1,035,916

980,691

964,700

950,391

935,136

902,490

886,174

870,282

854,287

847,034

831,143

816,702

804,137

781,217

763,960

748,057

732,959

719,719

483,951

483,226

481,843

479,973

480,121

491,472

490,837

490,226

489,739

493,393

491,945

491,226

492,014

365,594

365,204

364,469

355,494

354,729

353,928

356,220

368,990

357,084

366,082

254,152

253,681

253,302

252,717

252,208

251,838

252,000

236,277

233,324

233,245

233,173

232,959

151,345

144,853

145,602

144,487

144,380

146,428

146,344

146,108

146,064

145,967

145,765

145,648

107,508

107,470

107,440

105,300

102,600

Retained Earnings Total Equity

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
155,027
167,047
180,518
193,372
206,737
221,443
221,791
235,010
247,713
261,677
275,405
290,149
308,202
323,106
336,820
351,814
354,905
368,960
384,072
399,919
410,376
422,939
435,419
449,499
464,919
477,675
491,935
494,361
513,484
533,413
552,343
575,805
602,279
631,512
656,659
682,692
694,931
712,145
735,218
760,861
800,259
826,941
852,273
875,568
895,661
928,000
964,674
0
1,034,110
0
0
0
0

1,034,110

964,674

928,000

895,661

875,568

852,273

826,941

800,259

760,861

735,218

712,145

694,931

682,692

656,659

631,512

602,279

575,805

552,343

533,413

513,484

494,361

491,935

477,675

464,919

449,499

435,419

422,939

410,376

399,919

384,072

368,960

354,905

351,814

336,820

323,106

308,202

290,149

275,405

261,677

247,713

235,010

221,791

221,443

206,737

193,372

180,518

167,047

155,027

Accumulated Other Comprehensive Income

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-3,500
-800
-900
0
0
0
0
0
-2,200
-300
500
0
0
0
0
1,300
0
0
0
-16,400
-18,940
-16,517
-8,730
6,803
12,222
10,200
21,748
13,969
10,143
21,023
28,939
25,656
23,485
22,596
13,832
17,280
23,660
-2,870
15,463
8,892
-10,147
3,303
-8,285
-13,386
-28,587
-42,310
-9,710
-13,221
-7,790
-25,333
-9,674
4,130
22,772
-5,718
-16,229
28,731
35,006
24,474
46,900
26,390
33,124
42,921
28,433
6,185
8,740
25,166
39,236
41,469
41,427
43,584
48,465
43,251
35,253
4,017
4,262
-9,330
5,044
24,057
18,088
31,075
42,831
23,709
34,553
20,909
36,726
41,072
38,603
10,171
10,417
11,136
11,844
1,452
-20,851
-25,498
-32,815
-18,284
-5,445
8,280
12,096
12,614
38,406
37,504
36,093
35,349
35,058
13,251
3,078
-3,968
-146,262
-246,839
-383,497
-354,796
-326,127
-344,876
-427,138
-323,569
-335,285

-335,285

-323,569

-427,138

-344,876

-326,127

-354,796

-383,497

-246,839

-146,262

-3,968

3,078

13,251

35,058

35,349

36,093

37,504

38,406

12,614

12,096

8,280

-5,445

-18,284

-32,815

-25,498

-20,851

1,452

11,844

11,136

10,417

10,171

38,603

41,072

36,726

20,909

34,553

23,709

42,831

31,075

18,088

24,057

5,044

-9,330

4,262

4,017

35,253

43,251

48,465

43,584

41,427

41,469

39,236

25,166

8,740

6,185

28,433

42,921

33,124

26,390

46,900

24,474

35,006

28,731

-16,229

-5,718

22,772

4,130

-9,674

-25,333

-7,790

-13,221

-9,710

-42,310

-28,587

-13,386

-8,285

3,303

-10,147

8,892

15,463

-2,870

23,660

17,280

13,832

22,596

23,485

25,656

28,939

21,023

10,143

13,969

21,748

10,200

12,222

6,803

-8,730

-16,517

-18,940

-16,400

1,300

500

-300

-2,200

-900

-800

-3,500

Capital Surplus

Treasury Stock

Other Stockholders Equity

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5,500
0
5,700
5,800
5,800
5,800
5,600
5,400
5,400
5,500
5,600
6,100
6,000
6,000
11,800
11,900
11,900
12,300
20,700
19,100
17,100
16,800
25,800
32,400
32,500
32,800
43,800
42,200
40,900
42,300
61,800
62,200
61,900
62,200
63,000
62,800
63,300
66,400
-8,000
94,200
90,700
83,000
-16,400
-18,940
-16,517
-8,730
6,803
12,222
10,200
21,748
13,969
10,143
21,023
28,939
0
0
144,853
151,345
0
0
233,245
233,324
0
0
3,303
0
0
0
253,681
0
366,082
357,084
368,990
356,220
354,249
353,928
354,729
355,494
364,469
365,204
365,594
492,014
491,226
491,945
493,393
489,739
490,226
490,837
491,472
480,121
479,973
41,427
43,584
48,465
-235,010
-247,713
-261,677
-275,405
-290,149
-308,202
-323,106
-336,820
-351,814
-354,905
-368,960
-384,072
-399,919
-410,376
-422,939
-435,419
-449,499
-464,919
-477,675
-491,935
1,452
-513,484
-533,413
-552,343
-575,805
-602,279
-631,512
-656,659
-682,692
-694,931
-712,145
-735,218
-760,861
-800,259
-826,941
-852,273
-875,568
-895,661
-928,000
-964,674
-1,002,847
-1,034,110
-1,062,093
-1,092,079
0
-2,422,110

-2,422,110

-1,092,079

-1,062,093

-1,034,110

-1,002,847

-964,674

-928,000

-895,661

-875,568

-852,273

-826,941

-800,259

-760,861

-735,218

-712,145

-694,931

-682,692

-656,659

-631,512

-602,279

-575,805

-552,343

-533,413

-513,484

1,452

-491,935

-477,675

-464,919

-449,499

-435,419

-422,939

-410,376

-399,919

-384,072

-368,960

-354,905

-351,814

-336,820

-323,106

-308,202

-290,149

-275,405

-261,677

-247,713

-235,010

48,465

43,584

41,427

479,973

480,121

491,472

490,837

490,226

489,739

493,393

491,945

491,226

492,014

365,594

365,204

364,469

355,494

354,729

353,928

354,249

356,220

368,990

357,084

366,082

253,681

3,303

233,324

233,245

151,345

144,853

28,939

21,023

10,143

13,969

21,748

10,200

12,222

6,803

-8,730

-16,517

-18,940

-16,400

83,000

90,700

94,200

-8,000

66,400

63,300

62,800

63,000

62,200

61,900

62,200

61,800

42,300

40,900

42,200

43,800

32,800

32,500

32,400

25,800

16,800

17,100

19,100

20,700

12,300

11,900

11,800

6,000

6,100

5,600

5,500

5,400

5,600

5,800

5,700

5,500

Balance Sheet

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31	1993-12-31	1992-12-31	1991-12-31	1990-12-31	1989-12-31	1988-12-31	1987-12-31	1986-12-31	1985-12-31
Accounts Payable	23,268	433	13,026,782	11,736,501	8,704,928	8,827,490	6,546,853	6,333,457	264	1,161	1,111	1,493	3,526	4,985	6,481	9,741	13,312	16,156	15,047	8,809	5,259	6,497	7,402	6,742	5,300	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Accumulated Amortization	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Accumulated Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Accumulated Other Comprehensive Income	-323,569	-354,796	-3,968	35,349	12,614	-18,284	1,452	10,171	20,909	31,075	-9,330	43,251	41,469	6,185	26,390	28,731	4,130	-13,221	-13,386	8,892	17,280	25,656	13,969	6,803	-16,400	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Additional Paid In Capital	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Capital Lease Obligations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Capital Stock	1,288,899	2,303,313	1,209,903	1,211,780	1,298,792	1,293,669	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Capital Surpluse	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Cash	289,501	213,014	1,758,547	2,001,723	188,449	171,618	162,329	169,481	138,788	132,886	164,693	168,431	405,343	454,465	103,254	95,297	89,961	146,411	132,024	84,400	112,008	124,973	82,651	140,315	118,400	100,000	107,700	142,500	111,900	109,800	60,900	71,200	71,600	45,700	46,300	-	-	-	-
Cash And Equivalents	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Cash And Short Term Investments	-171,396	3,468,225	4,942,470	4,400,646	1,928,706	1,905,703	2,243,314	2,439,947	2,507,434	3,270,044	2,828,335	2,617,818	405,343	454,465	104,480	95,582	89,961	146,411	132,024	84,400	112,008	124,973	82,651	140,315	118,400	100,000	107,700	142,500	111,900	109,800	60,900	71,200	71,600	45,700	46,300	-	-	-	-
Common Stock	1,288,899	2,303,313	2,085,471	1,972,641	1,981,484	1,869,474	573,453	980,691	902,490	847,034	781,217	719,719	479,973	490,226	491,226	364,469	354,249	366,082	252,717	236,277	232,959	144,487	146,108	145,648	105,300	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Common Stock Shares Outstanding	138,462	140,012	135,382	136,206	139,934	121,957	109,807	107,687	106,192	105,759	105,126	104,658	105,223	106,126	93,056	83,336	84,144	86,634	85,082	84,227	84,079	84,653	83,777	83,298	82,588	82,435	86,961	75,844	70,142	74,817	68,621	59,703	57,786	60,860	60,366	60,816	59,100	58,914	53,401
Common Stock Total Equity	0	0	1,209,903	1,211,780	1,298,792	1,293,669	573,453	531,192	502,571	495,220	491,068	484,709	479,973	0	0	0	0	0	252,717	236,277	232,959	144,487	146,108	145,648	105,300	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Current Deferred Revenue	-23,268	-433	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Deferred Long Term Asset Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Deferred Long Term Liab	0	0	20,879	21,611	22,666	20,033	18,223	12,361	0	10,291	9,449	0	8,735	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Earning Assets	0	0	0	0	2,474,038	2,525,761	2,974,262	3,255,649	3,282,583	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Good Will	765,822	765,822	663,707	663,707	663,707	666,539	116,564	89,533	74,244	74,244	55,097	55,097	55,097	55,097	55,097	55,097	55,167	31,531	32,357	19,580	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Intangible Assets	15,290	21,742	25,394	33,634	42,986	53,784	6,838	5,010	2,265	3,214	2,261	3,389	5,548	9,029	12,761	11,020	14,611	10,121	12,474	6,136	26,901	15,720	6,482	7,403	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Inventory	-129,946	-455,096	-1,833,309	-2,072,890	-263,618	92,823	62,750	67,688	69,983	54,655	10,646	15,899	29,614	19,549	5,375	6,565	0	0	0	0	0	0	0	359	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Liabilities And Stockholders Equity	16,020,993	16,476,540	15,883,697	14,419,314	11,282,450	11,529,153	8,270,586	8,073,707	7,671,200	7,377,920	6,664,967	6,363,364	6,482,915	6,436,691	6,739,769	6,649,651	6,293,963	6,094,262	5,422,971	4,511,011	3,854,349	3,123,411	2,514,102	2,307,996	2,010,800	1,555,200	1,258,800	1,160,400	936,900	836,100	687,400	592,100	560,300	512,400	472,700	-	-	-	-
Long Term Debt	0	995,000	2,281	30,774	25,774	305,774	25,774	78,774	25,774	71,774	94,774	265,946	563,717	670,362	1,020,598	1,081,588	1,070,595	1,065,495	668,909	918,929	467,310	286,888	334,999	11,234	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Long Term Debt Total	0	0	2,281	30,774	25,774	305,774	25,774	78,774	25,774	71,774	94,774	0	563,717	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Long Term Investments	5,490,675	5,809,512	5,109,893	8,258,508	7,500,806	7,701,418	4,775,573	4,338,051	7,184,409	3,764,407	3,312,458	0	2,383	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Negative Goodwill	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Net Debt	2,076,197	781,986	-1,756,266	-1,970,949	-162,675	134,156	-136,555	-90,707	-67,014	138,367	129,287	123,515	158,374	215,897	767,344	1,757,418	1,778,594	1,756,739	1,452,885	1,190,529	760,802	357,915	302,348	356,919	204,600	100,000	-58,700	-86,500	-71,900	-103,800	-60,900	-71,200	-71,600	-39,300	-39,300	-	-	-	-
Net Invested Capital	4,147,972	2,943,517	2,083,784	2,038,764	2,019,872	2,156,964	1,095,040	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Net Receivables	301,342	81,126	45,933	45,547	53,146	64,186	70,243	64,639	74,135	77,834	170,943	145,100	23,512	23,647	28,672	28,519	29,734	30,225	24,147	18,391	15,724	15,841	14,711	14,625	11,500	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Net Tangible Assets	0	1,160,953	1,392,402	1,310,649	1,287,405	1,130,867	945,864	896,319	846,890	800,651	714,529	0	654,169	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Net Working Capital	-13,256,388	3,362,667	4,986,122	4,441,193	1,946,265	7,943,086	5,143,319	4,694,715	4,297,410	4,081,024	3,839,248	3,790,868	3,729,893	3,976,651	3,756,142	2,285,997	2,724,952	2,563,689	2,030,748	2,001,964	1,519,838	1,423,282	-1,885,349	1,780,645	1,646,300	1,323,300	1,175,600	1,068,600	871,200	0	0	0	0	0	0	-	-	-	-
Non Current Assets Total	15,509,048	6,643,774	5,848,090	3,726,034	3,175,380	3,306,067	3,087,221	3,325,992	3,327,526	3,249,735	2,755,608	2,545,003	2,300,834	1,899,748	2,221,603	2,610,880	2,507,199	2,669,517	2,454,743	2,144,238	1,923,752	1,497,632	6,482	34,609	36,200	31,900	34,200	35,800	25,700	21,900	158,600	129,000	111,400	96,900	77,800	-	-	-	-
Non Current Liabilities Other	0	0	802,592	622,438	534,984	524,666	610,470	682,030	747,234	811,927	897,115	0	587,575	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Non Current Liabilities Total	174,688	14,341,339	2,281	25,774	25,774	25,774	25,774	25,774	25,774	225,253	224,980	291,946	563,717	670,362	115,055	119,228	820,055	1,058,250	662,476	918,929	467,310	286,888	325,000	11,234	0	0	0	0	0	0	0	0	0	6,400	7,000	-	-	-	-
Non Currrent Assets Other	303,291	-6,643,774	-5,848,090	-3,726,034	-3,175,380	49,026	6,778	7,221	1,846,199	862,065	1,128,973	3,457,575	1,611,700	-1,835,622	-16,053	-2,544,763	69,778	-18,434	-18,420	-4,409	26,901	15,720	-23,439	7,403	8,500	9,600	10,800	11,600	8,500	9,100	-158,600	-129,000	-111,400	-96,900	-77,800	-	-	-	-
Noncontrolling Interest In Consolidated Entity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Other Assets	0	6,283,415	5,047,204	6,247,087	6,125,218	14,835,220	11,357,807	11,399,699	10,998,726	10,627,655	9,420,575	8,908,367	8,783,749	8,336,439	8,961,372	9,260,531	8,801,162	8,763,779	7,877,714	6,655,249	5,778,101	4,621,043	2,424,969	30,657	0	0	0	0	0	0	467,900	391,900	377,300	369,800	348,600	-	-	-	-
Other Current Assets	511,945	455,096	1,833,309	2,072,890	263,618	6,160,374	2,807,058	2,175,441	1,692,122	725,652	910,081	1,055,443	3,753,226	4,058,831	4,385,014	3,914,670	3,667,069	3,248,109	2,812,057	2,263,982	1,802,865	1,484,965	-14,711	2,118,447	1,844,700	1,423,300	1,116,900	982,100	799,300	704,400	0	0	0	0	0	-	-	-	-
Other Current Liab	11,419,335	-808,316	-2,281	-5,000	-400,320	9,372,189	-513,727	6,309,680	5,917,260	5,604,658	4,890,631	0	4,604,548	0	0	0	0	0	0	0	0	0	1,910,598	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Other Liab	0	106,807	130,743	204,643	96,097	100,506	71,709	61,803	57,023	60,273	65,218	61,217	90,466	61,458	57,157	60,702	49,262	43,370	71,139	43,560	34,308	70,738	31,396	27,102	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Other Stockholder Equity	0	-1,002,847	-875,568	-760,861	-682,692	-575,805	452	-449,499	-399,919	-351,814	-290,149	-235,010	479,973	490,226	491,226	364,469	354,249	366,082	0	0	0	0	13,969	6,803	-16,400	95,900	63,000	61,800	43,800	25,800	20,700	11,800	5,600	5,600	5,700	-	-	-	-
Preferred Stock Redeemable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Preferred Stock Total Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	121,508	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Property Plant And Equipment Gross	139,865	143,900	139,095	70,256	72,500	58,193	46,166	42,086	31,382	33,591	32,831	35,080	36,280	40,921	41,444	44,420	46,855	44,963	40,020	33,508	31,069	29,413	29,921	27,206	27,700	22,300	23,400	24,200	17,200	12,800	9,100	7,900	8,600	9,600	9,700	-	-	-	-
Property Plant And Equipment Net	66,364	46,698	49,096	51,144	53,978	58,193	46,166	42,086	31,382	33,591	32,831	35,080	36,280	40,921	41,444	44,420	46,855	44,963	40,020	33,508	31,069	29,413	29,921	27,206	27,700	22,300	23,400	24,200	17,200	12,800	9,100	7,900	8,600	9,600	9,700	-	-	-	-
Property Plant Equipment	0	69,394	49,096	51,144	53,978	58,193	46,166	42,086	31,382	33,591	32,831	35,080	36,280	40,921	41,444	44,420	46,855	44,963	40,020	33,508	31,069	29,413	29,921	27,206	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Retained Earnings	1,112,642	1,002,847	875,568	760,861	682,692	575,805	494,361	449,499	399,919	351,814	290,149	235,010	193,372	147,444	120,612	100,184	66,569	36,478	103,546	72,314	36,482	89,678	60,671	36,179	51,900	19,800	39,100	27,300	34,500	36,100	39,300	40,200	38,600	32,800	26,800	-	-	-	-
Retained Earnings Total Equity	0	0	875,568	760,861	682,692	575,805	494,361	449,499	0	351,814	290,149	0	193,372	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Short Long Term Debt	2,070,000	995,000	2,281	5,000	0	280,000	0	53,000	771,822	844,960	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Short Long Term Debt Total	2,365,698	995,000	2,281	30,774	25,774	305,774	25,774	78,774	71,774	271,253	293,980	291,946	563,717	670,362	870,598	1,852,715	1,868,555	1,903,150	1,584,909	1,274,929	872,810	482,888	384,999	497,234	323,000	200,000	49,000	56,000	40,000	6,000	0	0	0	6,400	7,000	-	-	-	-
Short Term Debt	2,348,998	995,000	2,281	5,000	435,907	280,000	553,773	53,000	46,000	46,000	69,000	26,000	448,662	555,307	755,543	1,743,033	1,048,500	844,900	922,433	356,000	405,500	196,000	50,000	486,000	323,000	200,000	49,000	56,000	40,000	0	0	0	0	0	0	-	-	-	-
Short Term Investments	2,956,125	3,255,211	3,183,923	2,398,923	1,740,257	1,734,085	2,080,985	2,270,466	2,368,646	3,137,158	2,663,642	2,449,387	2,201,526	1,791,558	2,108,463	2,493,476	2,390,566	2,582,902	2,369,892	2,085,014	1,865,782	1,452,499	1,181,503	10,000	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Temporary Equity Redeemable Noncontrolling Interests	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Total Assets	16,020,993	16,476,540	15,883,697	14,419,314	11,282,450	11,529,153	8,270,586	8,073,707	7,671,200	7,377,920	6,664,967	6,363,364	6,482,915	6,436,691	6,739,769	6,649,651	6,293,963	6,094,262	5,422,971	4,511,011	3,854,349	3,123,411	2,514,102	2,307,996	2,010,800	1,555,200	1,258,800	1,160,400	936,900	836,100	687,400	592,100	560,300	512,400	472,700	-	-	-	-
Total Current Assets	511,945	3,549,351	4,988,403	4,446,193	1,981,852	8,223,086	5,183,365	4,747,715	4,343,674	4,128,185	3,909,359	3,818,361	4,182,081	4,536,943	4,518,166	4,038,771	3,786,764	3,424,745	2,968,228	2,366,773	1,930,597	1,625,779	82,651	2,273,387	1,974,600	1,523,300	1,224,600	1,124,600	911,200	814,200	60,900	71,200	71,600	45,700	46,300	-	-	-	-
Total Current Liabilities	13,768,333	186,684	2,281	5,000	35,587	280,000	40,046	53,000	46,264	47,161	70,111	27,493	452,188	560,292	762,024	1,752,774	1,061,812	861,056	937,480	364,809	410,759	202,497	1,968,000	492,742	328,300	200,000	49,000	56,000	40,000	0	0	0	0	0	0	-	-	-	-
Total Liab	13,943,021	14,528,023	13,802,194	12,411,324	25,774	9,677,963	7,201,320	7,082,845	6,747,801	6,499,811	5,893,080	5,600,394	5,768,101	5,792,836	6,101,541	6,034,759	5,869,015	5,704,923	5,080,094	4,193,528	3,567,628	2,863,590	2,293,354	2,119,366	1,870,000	1,439,500	1,156,700	1,071,300	858,600	774,200	627,400	540,100	516,100	474,000	440,200	-	-	-	-
Total Permanent Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Total Stockholder Equity	2,077,972	1,948,517	2,081,503	2,007,990	1,994,098	1,851,190	1,069,266	990,862	923,399	878,109	771,887	762,970	714,814	643,855	638,228	614,892	424,948	389,339	342,877	317,483	286,721	259,821	220,748	188,630	140,800	115,700	102,100	89,100	78,300	61,900	60,000	52,000	44,200	38,400	32,500	-	-	-	-
Treasury Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Warrants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-

	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31	1999-09-30	1999-06-30	1999-03-31	1998-12-31	1998-09-30	1998-06-30	1998-03-31	1997-12-31	1997-09-30	1997-06-30	1997-03-31	1996-12-31	1996-09-30	1996-06-30	1996-03-31	1995-12-31	1995-09-30	1995-06-30	1995-03-31	1994-12-31	1994-09-30	1994-06-30	1994-03-31	1993-12-31	1993-09-30	1993-06-30	1993-03-31	1992-12-31	1992-09-30	1992-06-30	1992-03-31	1991-12-31	1991-09-30	1991-06-30	1991-03-31	1990-12-31	1990-09-30	1990-06-30	1990-03-31	1989-12-31	1989-09-30	1989-06-30	1989-03-31	1988-12-31	1988-09-30	1988-06-30	1988-03-31	1987-12-31	1987-09-30	1987-06-30	1987-03-31	1986-12-31	1986-09-30	1986-06-30	1986-03-31	1985-12-31	1985-09-30
Accounts Payable	0	23,268	0	0	12,271,870	433	13,881,096	14,152,449	14,745,757	13,026,782	13,351,967	12,779,487	12,159,628	11,736,501	11,168,834	11,145,670	9,113,604	8,704,928	8,794,330	8,662,823	8,654,120	8,827,490	9,109,826	6,535,306	6,709,435	6,546,853	6,608,096	6,697,181	6,842,813	6,309,680	6,320,995	6,585,986	275	264	273	321	306	1,161	1,120	1,168	1,083	1,111	1,106	1,176	1,306	1,493	1,574	3,355	3,417	3,526	4,243	4,477	4,626	4,985	5,104	5,818	6,006	6,481	8,420	8,559	8,447	9,741	18,168	11,897	17,156	13,312	19,146	15,625	19,864	16,156	16,253	17,716	12,189	15,047	9,977	10,663	8,601	8,809	5,623	5,300	4,861	5,259	3,965	5,688	5,340	6,497	5,139	7,855	4,889	7,402	4,637	7,797	5,592	6,742	1,658,237	1,477,784	1,460,486	5,300	0	0	0	4,700	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accumulated Amortization	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accumulated Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accumulated Other Comprehensive Income	-335,285	-323,569	-427,138	-344,876	-326,127	-354,796	-383,497	-246,839	-146,262	-3,968	3,078	13,251	35,058	35,349	36,093	37,504	38,406	12,614	12,096	8,280	-5,445	-18,284	-32,815	-25,498	-20,851	1,452	11,844	11,136	10,417	10,171	38,603	41,072	36,726	20,909	34,553	23,709	42,831	31,075	18,088	24,057	5,044	-9,330	4,262	4,017	35,253	43,251	48,465	43,584	41,427	41,469	39,236	25,166	8,740	6,185	28,433	42,921	33,124	26,390	46,900	24,474	35,006	28,731	-16,229	-5,718	22,772	4,130	-9,674	-25,333	-7,790	-13,221	-9,710	-42,310	-28,587	-13,386	-8,285	3,303	-10,147	8,892	15,463	-2,870	23,660	17,280	13,832	22,596	23,485	25,656	28,939	21,023	10,143	13,969	21,748	10,200	12,222	6,803	-8,730	-16,517	-18,940	-16,400	0	0	0	1,300	0	0	0	0	500	-300	-2,200	0	0	0	0	0	-900	-800	-3,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Additional Paid In Capital	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital Lease Obligations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital Stock	0	1,288,899	2,378,539	2,346,243	2,315,896	2,303,313	2,262,383	2,229,050	1,325,644	1,209,903	1,208,569	1,214,882	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital Surpluse	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash	949,589	289,501	244,803	648,833	239,478	213,014	326,133	704,091	1,659,898	1,758,547	2,588,623	2,358,123	1,553,047	2,001,723	1,529,320	1,965,894	729,538	188,449	443,221	182,265	179,634	171,618	203,287	188,639	466,338	162,329	164,311	209,797	412,762	169,481	342,337	790,454	330,304	138,788	341,416	470,824	427,245	132,886	258,370	483,494	491,386	164,693	201,442	352,268	205,278	168,431	318,185	536,695	336,318	405,343	493,132	507,265	449,250	454,465	195,920	451,236	281,275	104,480	222,158	221,242	101,499	95,582	92,896	111,441	110,577	89,961	126,567	145,769	117,981	146,411	127,217	143,311	133,237	132,024	141,646	139,858	142,850	84,400	116,125	164,988	118,156	112,008	126,018	114,012	109,164	124,973	124,469	121,499	75,440	82,651	112,483	96,398	98,767	140,315	104,198	103,380	98,828	118,400	103,900	89,000	109,300	100,000	78,100	88,300	95,200	107,700	86,700	90,700	94,400	142,500	81,200	95,300	96,800	111,900	93,800	81,900	69,800	109,800	73,400	80,400	59,900	60,900	67,600	77,100	51,500	71,200	37,600	55,700	58,700	71,600	54,900	54,500	66,300	45,700	54,400	60,800	62,600	46,300	-	57,700	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash And Equivalents	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash And Short Term Investments	949,589	-171,396	3,117,966	3,716,984	3,444,002	3,468,225	3,647,957	4,330,248	5,307,228	4,942,470	5,513,683	5,290,144	4,365,395	4,400,646	3,734,966	3,641,961	2,409,293	1,928,706	2,013,627	1,782,285	1,853,135	1,905,703	2,009,518	2,118,633	2,407,930	2,243,314	2,339,959	2,479,307	2,684,465	2,439,947	2,569,888	3,038,486	2,624,963	2,507,434	2,654,137	3,625,041	3,455,534	3,270,044	3,418,426	3,500,984	3,241,449	2,828,335	2,818,749	2,783,849	2,595,951	2,617,818	318,185	536,695	336,318	405,343	493,132	507,265	449,250	454,465	195,920	451,236	281,275	104,480	222,158	221,242	101,499	95,582	92,896	111,441	110,577	89,961	126,567	145,769	117,981	146,411	127,217	143,311	133,237	132,024	141,646	139,858	142,850	84,400	116,125	164,988	118,156	112,008	126,018	114,012	109,164	124,973	124,469	121,499	75,440	82,651	112,483	96,398	98,767	140,315	104,198	103,380	98,828	118,400	103,900	89,000	109,300	100,000	78,100	88,300	95,200	107,700	86,700	90,700	94,400	142,500	81,200	95,300	96,800	111,900	93,800	81,900	69,800	109,800	73,400	80,400	59,900	60,900	67,600	77,100	51,500	71,200	37,600	55,700	58,700	71,600	54,900	54,500	66,300	45,700	54,400	60,800	62,600	46,300	-	57,700	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Stock	2,422,110	1,288,899	2,378,539	2,346,243	2,315,896	2,303,313	2,262,383	2,229,050	2,221,305	2,085,471	2,060,842	2,041,823	1,997,618	1,972,641	1,945,864	1,921,594	1,902,980	1,981,484	1,954,797	1,928,397	1,896,372	1,869,474	1,851,395	1,108,915	1,087,709	573,453	1,064,620	1,049,633	1,035,916	980,691	964,700	950,391	935,136	902,490	886,174	870,282	854,287	847,034	831,143	816,702	804,137	781,217	763,960	748,057	732,959	719,719	483,951	483,226	481,843	479,973	480,121	491,472	490,837	490,226	489,739	493,393	491,945	491,226	492,014	365,594	365,204	364,469	355,494	354,729	353,928	0	356,220	368,990	357,084	366,082	254,152	253,681	253,302	252,717	252,208	251,838	252,000	236,277	233,324	233,245	233,173	232,959	151,345	144,853	145,602	144,487	144,380	146,428	146,344	146,108	146,064	145,967	145,765	145,648	107,508	107,470	107,440	105,300	0	0	0	102,600	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Stock Shares Outstanding	138,603	138,570	138,481	138,383	138,953	139,438	139,347	140,053	145,019	135,184	135,384	135,507	135,428	135,282	135,184	135,154	139,316	140,025	139,975	139,897	139,831	140,120	126,937	110,355	110,223	110,206	110,119	110,078	108,806	108,115	109,370	109,244	106,784	106,349	106,281	106,158	105,959	105,431	105,406	105,755	105,791	105,535	105,217	104,914	104,810	104,713	104,776	104,618	104,500	104,303	105,206	105,764	105,704	105,651	105,795	106,273	106,121	105,929	99,332	83,291	83,303	83,174	83,373	81,676	85,179	85,179	84,847	83,968	84,122	84,322	86,029	84,903	82,909	83,600	83,724	83,590	84,657	83,927	83,850	83,316	86,556	82,435	85,091	84,538	82,822	82,822	84,286	85,957	83,167	83,167	83,889	83,792	83,944	81,321	82,483	83,178	82,349	79,776	85,130	83,026	81,888	67,712	74,903	69,074	70,920	65,011	67,837	72,659	73,679	69,072	70,747	67,040	70,011	65,010	69,654	65,010	62,509	62,509	62,844	60,009	59,593	62,509	62,509	57,509	59,593	57,509	57,509	56,884	62,053	59,098	59,098	59,098	59,098	57,509	57,509	59,593	62,053	61,831	59,878	61,758	58,337	56,842	56,842	56,842	56,842	55,973	55,973	55,973	55,973	55,959	55,959	55,959	55,959	55,959	55,920
Common Stock Total Equity	0	0	0	0	1,281,786	0	1,297,709	1,301,050	1,325,644	1,209,903	1,208,569	2,041,823	1,213,451	1,211,780	1,210,646	1,209,449	1,208,049	1,298,792	1,298,138	1,296,885	1,294,093	1,293,669	1,299,052	575,502	574,225	573,453	572,685	571,958	570,997	531,192	529,281	527,452	524,760	502,571	502,102	501,322	499,382	495,220	494,323	493,596	495,935	491,068	488,555	486,380	485,246	484,709	483,951	483,226	481,843	479,973	480,121	491,472	490,837	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	254,152	0	253,302	252,717	252,208	251,838	252,000	236,277	233,324	233,245	233,173	232,959	151,345	144,853	145,602	144,487	144,380	146,428	146,344	146,108	146,064	145,967	145,765	145,648	107,508	107,470	107,440	105,300	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current Deferred Revenue	0	-23,268	0	0	0	-433	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	195,300	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred Long Term Asset Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred Long Term Liab	0	0	0	0	22,873	0	21,898	23,917	23,948	20,879	20,675	22,253	22,023	21,611	21,259	22,558	22,454	22,666	22,334	20,953	20,860	20,033	19,159	19,012	18,861	18,223	18,024	18,163	18,168	12,361	12,177	11,920	11,809	11,269	11,100	11,093	10,988	10,291	10,175	10,088	9,956	9,449	9,316	9,292	9,259	8,781	8,957	8,940	9,092	8,735	8,758	8,827	9,212	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earning Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	2,963,876	2,474,038	2,529,200	2,368,443	2,439,828	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Good Will	765,822	765,822	765,822	765,822	765,822	765,822	765,822	765,822	765,822	663,707	663,707	663,707	663,707	663,707	663,707	663,707	663,707	663,707	663,707	663,707	666,539	666,539	662,888	116,564	116,564	116,564	116,564	119,193	119,193	89,533	88,174	88,174	88,174	74,244	74,244	74,244	74,244	74,244	74,244	74,762	55,097	55,097	55,097	55,097	55,097	55,097	55,097	55,097	55,097	55,097	55,097	55,097	55,097	55,097	55,097	55,097	55,097	55,097	55,097	55,097	55,097	55,097	55,097	55,097	55,097	55,167	46,582	60,357	31,531	31,531	31,531	31,531	31,531	32,357	28,735	28,735	28,755	19,580	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Intangible Assets	13,853	15,290	16,736	18,303	20,023	21,742	23,466	25,312	27,310	25,394	27,286	29,300	31,467	33,634	35,804	38,096	40,541	42,986	45,446	48,094	50,927	53,784	56,643	6,179	6,507	6,838	7,177	7,519	7,892	5,010	5,293	5,586	5,882	2,265	2,487	2,707	2,946	3,214	3,570	3,048	2,139	2,261	2,386	2,514	2,950	3,389	3,830	4,279	4,731	5,548	6,399	7,262	8,128	9,029	9,937	10,872	11,811	12,761	8,763	9,497	10,231	11,020	11,917	12,815	13,713	69,778	21,858	8,944	9,533	10,121	10,709	11,297	11,886	12,474	13,062	13,651	14,817	6,136	26,012	26,308	26,605	26,901	26,699	15,405	15,608	15,720	12,537	11,610	1,235	6,482	6,698	6,913	7,128	7,403	7,706	8,010	8,156	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Inventory	0	-129,946	-504,650	-842,355	-435,618	-455,096	0	-881,318	-1,780,845	-1,833,309	-2,655,746	-2,433,957	50,162	60,772	51,416	52,787	37,328	63,709	71,874	79,062	66,390	92,823	105,529	72,066	56,945	62,750	69,663	74,123	62,718	67,688	43,619	49,082	46,096	69,983	53,171	62,929	37,720	54,655	6,815	7,194	6,979	10,646	7,430	7,485	14,198	15,899	12,757	16,514	22,229	29,614	40,114	34,335	21,235	19,549	20,541	17,555	20,319	5,375	1,137	4,035	8,666	6,565	1,927	1,137	1,137	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	358	359	0	519	520	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Liabilities And Stockholders Equity	16,468,146	16,020,993	15,903,015	16,484,544	16,274,041	16,476,540	16,349,276	16,759,993	17,539,137	15,883,697	16,201,598	15,539,288	14,840,438	14,419,314	13,818,711	13,751,297	11,606,888	11,282,450	11,332,762	11,171,583	11,304,957	11,529,153	11,480,341	8,093,863	8,356,160	8,270,586	8,304,012	8,418,203	8,559,121	8,073,707	8,044,993	8,312,307	7,920,836	7,671,200	7,626,462	7,697,358	7,442,951	7,377,920	7,422,849	7,423,993	6,902,518	6,664,967	6,557,283	6,425,556	6,265,767	6,363,364	6,321,341	6,523,963	6,506,083	6,482,915	6,529,907	6,460,193	6,498,352	6,436,691	6,483,871	6,860,396	6,788,652	6,739,769	6,546,265	6,414,897	6,416,089	6,649,651	6,421,786	6,453,846	6,374,802	6,293,963	6,157,393	6,137,043	5,993,428	6,094,262	5,974,648	5,952,419	5,527,914	5,422,971	5,020,164	4,811,854	4,831,993	4,511,011	4,352,741	4,364,022	4,009,916	3,854,349	3,661,827	3,513,011	3,394,744	3,123,411	2,848,316	2,858,510	2,585,133	2,514,102	2,367,390	2,327,672	2,271,679	2,307,996	2,216,916	2,110,871	2,016,160	2,010,800	1,626,500	1,602,600	1,557,900	1,555,200	1,441,600	1,381,300	1,317,800	1,258,800	1,185,300	1,152,600	1,123,900	1,160,400	1,068,000	1,042,700	1,038,400	936,900	855,800	812,700	812,000	836,100	800,300	766,300	700,100	687,400	636,200	648,700	608,500	592,100	564,500	567,200	551,100	560,300	531,900	517,300	520,400	512,400	509,900	496,000	481,100	472,700	-	430,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long Term Debt	0	0	1,120,000	1,495,000	1,405,000	995,000	0	0	0	2,281	0	0	25,774	30,774	35,774	35,774	25,774	25,774	30,688	25,774	178,774	305,774	55,774	25,774	25,774	25,774	88,774	25,774	25,774	78,774	25,774	25,774	25,774	71,774	25,774	25,774	25,774	71,774	25,774	25,774	25,774	94,774	68,256	224,844	245,395	265,946	265,878	536,429	556,980	563,717	663,649	668,581	671,479	670,362	672,129	920,920	1,022,473	1,120,598	1,323,496	1,324,050	1,075,792	1,081,588	1,684,762	1,570,361	1,340,179	1,070,595	1,901,705	1,883,088	1,816,741	1,065,495	559,760	582,712	414,186	668,909	839,005	987,555	969,612	918,929	817,529	684,907	615,305	467,310	341,251	360,538	432,000	286,888	301,878	307,237	317,288	334,999	205,314	304,323	300,332	11,234	14,584	8,752	536	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long Term Debt Total	0	0	0	0	1,405,000	0	0	0	0	2,281	0	0	30,774	30,774	35,774	35,774	25,774	25,774	30,688	25,774	178,774	305,774	55,774	25,774	25,774	25,774	88,774	25,774	25,774	78,774	25,774	25,774	25,774	71,774	25,774	25,774	25,774	71,774	25,774	25,774	25,774	94,774	68,256	224,844	245,395	291,946	265,878	536,429	556,980	563,717	663,649	668,581	671,479	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long Term Investments	0	5,490,675	5,362,604	5,580,858	5,740,503	5,809,512	5,879,746	6,038,465	6,010,071	5,109,893	4,635,998	3,968,945	3,899,332	8,258,508	8,318,192	8,313,440	7,388,400	7,500,806	7,435,229	7,470,833	7,543,937	7,701,418	7,522,872	4,757,373	4,735,048	4,775,573	4,690,320	4,632,024	4,560,812	4,338,051	4,234,166	7,149,379	7,228,170	7,184,409	4,639,675	3,733,900	3,663,900	3,764,407	3,515,901	3,422,907	3,190,564	3,312,458	3,202,489	3,086,267	3,099,271	3,161,922	2,122	2,191	2,280	2,383	12,539	10,155	3,503,924	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Negative Goodwill	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Debt	1,321,131	2,076,197	875,197	846,167	1,165,522	781,986	166,803	-175,192	-1,037,561	-1,756,266	-1,907,971	-1,757,877	-1,522,273	-1,970,949	-1,493,546	-1,930,120	-703,764	-162,675	-412,533	-156,491	-860	134,156	-147,513	-162,865	-440,564	-136,555	-75,537	-184,023	-386,988	-90,707	-316,563	-764,680	-299,530	-67,014	-315,642	-445,050	-401,471	138,367	-33,186	-258,378	-266,338	129,287	65,952	-127,424	40,117	123,515	-52,307	-266	220,662	158,374	172,447	163,799	222,229	215,897	476,209	319,684	491,198	766,118	851,338	857,808	1,177,793	1,762,506	2,028,757	1,998,541	1,750,329	1,778,594	1,534,972	1,535,844	1,587,769	1,756,739	1,887,044	1,715,401	1,525,949	1,452,885	1,254,359	1,299,697	1,302,762	1,190,529	1,013,604	1,039,619	852,049	760,802	613,233	677,526	613,836	357,915	220,231	342,738	306,848	302,348	225,689	344,279	312,124	356,919	245,802	295,372	256,708	204,600	111,100	149,200	-106,100	100,000	-77,700	47,100	-9,800	-58,700	-86,300	-20,300	-44,000	-86,500	-40,700	-54,800	-56,300	-71,900	-93,300	-81,400	-69,300	-109,800	-72,900	-79,900	-59,400	-60,900	-67,100	-67,100	-51,000	-71,200	-26,200	-47,500	-55,100	-71,600	-44,600	-46,100	-58,200	-39,300	-44,300	-54,700	-58,400	-39,300	-	-47,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Invested Capital	0	4,147,972	3,071,401	3,496,367	3,394,769	2,943,517	0	0	0	2,083,784	0	0	2,063,450	2,038,764	2,017,731	1,994,872	1,967,160	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Receivables	0	301,342	75,621	77,867	79,552	81,126	76,656	64,437	65,543	45,933	47,305	44,657	42,349	45,547	38,040	49,876	51,287	53,146	54,468	59,985	61,249	64,186	67,581	67,721	67,892	70,243	71,352	66,048	62,416	64,639	68,309	71,929	73,098	74,135	75,839	74,691	76,220	77,834	143,796	142,165	136,635	170,943	180,274	187,382	167,789	145,100	22,885	22,385	23,375	23,512	53,497	63,921	23,263	23,647	25,530	26,967	27,423	28,672	27,430	26,320	28,414	28,519	28,800	28,650	29,452	29,734	30,091	29,808	31,034	30,225	30,081	27,993	25,825	24,147	22,203	20,633	21,139	18,391	17,322	16,898	16,884	15,724	16,148	17,429	18,575	15,841	15,193	16,618	16,112	14,711	15,266	15,040	14,472	14,625	14,431	13,730	12,257	11,500	0	0	0	9,400	0	0	0	0	0	0	0	0	0	0	0	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 Tangible Assets	0	0	0	0	1,203,924	1,160,953	1,089,598	1,191,077	1,281,911	1,392,402	1,372,927	1,362,067	1,325,492	1,310,649	1,282,446	1,257,295	1,237,138	1,287,405	1,257,740	1,224,876	1,173,461	1,130,867	1,099,049	960,674	943,787	945,864	952,723	934,057	919,248	896,319	909,836	897,703	877,806	846,890	843,996	817,040	819,928	800,651	771,417	762,949	751,945	714,529	710,739	694,463	710,165	704,484	695,280	688,877	670,179	654,169	638,379	621,326	591,379	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Working Capital	-6,426,288	-13,256,388	2,979,081	3,647,874	3,371,600	3,362,667	3,360,044	-10,153,133	-9,686,692	4,986,122	-8,003,150	-7,883,132	4,402,744	4,441,193	3,751,594	3,681,837	2,450,107	1,946,265	2,063,181	1,841,525	1,761,384	1,689,889	2,047,099	2,185,091	2,474,435	2,273,511	2,348,311	2,543,676	2,745,273	2,451,586	2,637,529	3,109,855	2,697,786	2,535,305	2,729,703	3,699,411	3,531,448	3,300,717	3,561,102	3,641,981	3,377,001	2,929,167	2,955,435	2,970,055	2,762,434	2,735,425	140,630	106,927	356,276	425,329	-6,208	13,183	-88,537	473,127	-340,728	-183,480	-354,726	-628,872	-717,273	-724,992	-1,042,771	-1,628,673	-948,070	-1,061,656	-1,017,978	-942,117	-203,168	-146,048	-218,349	-684,420	-1,314,966	-1,126,874	-1,099,063	-781,309	-404,657	-307,251	-322,748	-262,018	-189,429	-345,545	-226,550	-283,027	-259,799	-305,247	-168,601	-61,683	81,823	-26,738	21,663	39,960	-9,746	-32,713	-2,912	-337,802	-231,371	-281,642	-244,451	-198,400	-111,100	-137,000	106,500	-100,000	0	-46,700	10,200	58,700	0	20,700	44,400	86,500	41,200	55,300	56,800	71,900	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non Current Assets Total	15,505,925	15,509,048	6,189,723	6,410,501	6,571,658	6,643,774	836,710	6,876,699	6,856,638	5,848,090	5,376,803	4,711,866	4,644,241	3,726,034	3,534,328	3,042,805	3,079,125	3,175,380	3,036,768	3,094,097	3,180,264	3,257,041	3,344,047	2,869,897	2,908,489	3,080,443	3,194,425	3,313,353	3,331,107	3,318,771	3,238,642	3,105,851	3,241,530	3,327,526	3,290,899	3,264,462	3,139,571	3,249,735	3,274,077	3,132,964	2,840,752	2,755,608	2,710,244	2,525,312	2,485,581	2,545,003	2,354,133	2,357,560	2,470,461	2,300,834	2,267,954	2,082,189	2,123,223	1,899,748	2,022,399	2,123,219	2,185,874	2,221,603	2,395,838	2,385,172	2,435,001	2,610,880	2,498,473	2,611,175	2,669,400	2,507,199	2,505,794	2,460,229	2,571,325	2,669,517	2,729,559	2,761,855	2,491,661	2,454,743	2,336,796	2,225,510	2,349,777	2,144,238	2,091,199	2,126,006	1,959,143	1,923,752	1,837,133	1,871,546	1,774,682	1,497,632	1,280,975	1,427,248	1,325,229	1,217,906	1,141,297	1,155,603	1,098,012	1,104,683	1,089,076	990,931	946,848	913,500	776,900	763,500	750,200	761,900	727,900	650,100	597,700	526,300	485,200	466,100	435,100	419,800	402,100	365,600	356,500	310,300	262,600	237,800	241,300	214,200	220,000	188,300	189,100	158,600	123,300	133,200	135,200	129,000	146,400	138,100	119,200	111,400	108,000	102,900	95,200	96,900	89,900	66,500	63,300	77,800	-	87,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non Current Liabilities Other	0	0	0	0	584,529	0	576,093	681,646	952,368	802,592	1,186,787	792,904	688,320	622,438	610,887	750,287	503,670	534,984	518,517	525,356	560,276	524,666	477,002	430,354	535,232	610,470	512,654	616,316	626,033	682,030	682,744	697,164	694,838	747,234	709,116	772,299	610,989	811,927	777,256	916,858	945,738	897,115	814,897	605,848	555,434	524,187	509,609	528,136	526,480	587,575	562,308	587,869	672,742	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non Current Liabilities Total	6,992,812	174,688	1,120,000	1,495,000	14,132,318	14,341,339	14,281,218	229,964	404,631	2,281	573,540	266,281	25,774	25,774	35,774	25,774	25,774	25,774	25,774	25,774	25,774	25,774	25,774	25,774	25,774	25,774	25,774	25,774	25,774	25,774	25,774	25,774	30,774	25,774	25,774	25,774	25,774	225,253	225,184	225,116	225,048	224,980	224,912	224,844	245,395	265,946	67,012	87,631	556,980	563,717	116,985	117,538	115,055	670,362	115,055	115,055	115,055	115,055	115,055	115,055	115,055	119,228	1,070,055	920,132	720,055	820,055	1,320,859	1,375,613	1,358,250	1,058,250	558,250	578,250	413,250	662,476	837,476	982,476	967,476	918,929	812,476	682,476	613,476	467,310	341,251	360,538	432,000	286,888	292,000	307,237	317,288	334,999	205,314	304,323	300,332	11,234	0	0	0	0	0	12,200	400	0	400	400	400	0	400	400	400	0	500	500	500	0	500	500	500	0	500	500	500	0	500	10,000	500	0	11,400	8,200	3,600	0	10,300	8,400	8,100	6,400	10,100	6,100	4,200	7,000	-	10,700	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non Currrent Assets Other	671,355	303,291	-6,189,723	-6,410,501	-6,571,658	-6,643,774	-5,879,746	-6,876,699	-6,856,638	-5,848,090	-5,376,803	-4,711,866	-4,644,241	-3,726,034	-3,534,328	-3,042,805	-3,079,125	-3,175,380	-3,036,768	-3,094,097	-3,180,264	-3,257,041	-3,344,047	-2,869,897	-2,908,489	-3,080,443	-3,194,425	-3,313,353	-3,331,107	-3,318,771	-3,238,642	-3,105,851	-3,241,530	-3,327,526	-3,290,899	-3,264,462	-3,139,571	-3,249,735	-3,274,077	-3,132,964	-2,840,752	-2,755,608	-2,710,244	-2,525,312	-2,485,581	-2,545,003	-2,354,133	-2,357,560	-2,470,461	-2,300,834	-28,832	-40,711	-60,998	-1,899,748	-2,022,399	-2,123,219	-2,185,874	-16,053	-2,395,838	-2,385,172	-2,435,001	-2,610,880	-13,748	-5,981	-2,669,400	-2,507,199	-11,627	-22,896	-9,733	-18,434	-15,844	-39,365	-29,428	-18,420	-16,977	-8,585	-18,524	-4,409	-2,091,199	-9,388	-1,959,143	-1,923,752	-3,260	-1,871,546	-1,774,682	-1,497,632	-1,280,975	-1,427,248	-1,325,229	-1,217,906	-1,141,297	-1,155,603	-1,098,012	-1,104,683	-1,089,076	-990,931	-946,848	-913,500	-776,900	-763,500	-750,200	-761,900	-727,900	-650,100	-597,700	-526,300	-485,200	-466,100	-435,100	-419,800	-402,100	-365,600	-356,500	-310,300	-262,600	-237,800	-241,300	-214,200	-220,000	-188,300	-189,100	-158,600	-123,300	-133,200	-135,200	-129,000	-146,400	-138,100	-119,200	-111,400	-108,000	-102,900	-95,200	-96,900	-89,900	-66,500	-63,300	-77,800	-	-87,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Noncontrolling Interest In Consolidated Entity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Assets	0	0	6,519,705	6,279,192	6,178,829	6,283,415	11,963,350	5,488,609	5,309,728	5,047,204	5,263,807	5,492,621	5,788,453	6,247,087	6,511,377	7,016,655	6,067,183	6,125,218	6,227,899	6,235,216	6,210,309	6,302,223	6,059,195	3,037,612	2,971,849	2,876,586	2,698,276	2,559,495	2,481,133	2,250,350	2,168,154	2,096,041	1,981,245	1,762,105	1,605,587	733,164	771,626	780,307	586,550	647,880	683,682	910,081	848,016	929,013	1,016,446	1,055,443	3,626,138	3,607,323	3,675,929	3,753,226	3,715,324	3,806,818	3,902,616	4,058,831	4,240,022	4,258,974	4,294,080	4,385,014	3,900,839	3,782,163	3,851,175	3,914,670	3,801,617	3,702,580	3,565,373	3,667,069	3,494,941	3,501,237	3,273,088	3,248,109	3,087,791	3,019,260	2,877,191	2,812,057	2,519,519	2,425,853	2,318,227	2,263,982	2,128,095	2,056,130	1,915,733	1,802,865	1,682,528	1,510,024	1,492,323	1,484,965	1,427,679	1,293,145	1,168,352	1,198,834	1,098,344	1,060,631	1,060,428	1,048,373	1,009,211	1,002,830	958,227	967,400	745,700	750,100	698,400	693,300	635,600	642,900	624,900	624,800	613,400	595,800	594,400	598,100	584,700	581,800	585,100	514,700	499,400	493,000	500,900	512,100	506,900	497,600	451,100	467,900	445,300	438,400	421,800	391,900	380,500	373,400	373,200	377,300	369,000	359,900	358,900	369,800	365,600	368,700	355,200	348,600	-	285,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Current Assets	962,221	511,945	504,650	842,355	435,618	455,096	-175,397	881,318	1,780,845	1,833,309	2,655,746	2,433,957	5,738,291	6,108,569	6,459,961	6,963,868	6,029,855	5,984,995	6,156,025	6,156,154	6,143,419	6,160,374	5,953,666	2,965,546	2,914,904	2,807,058	2,628,613	2,485,372	2,418,415	2,175,441	2,124,535	2,046,959	1,935,149	1,692,122	1,552,416	670,235	733,906	725,652	586,550	647,880	683,682	910,081	848,016	929,013	1,016,446	1,055,443	3,626,138	3,607,323	3,675,929	3,753,226	3,715,324	3,806,818	3,902,616	4,058,831	4,139,672	4,208,700	4,243,887	4,385,014	3,900,839	3,780,378	3,851,175	3,914,670	3,801,617	3,702,580	3,565,373	3,667,069	3,494,941	3,501,237	3,273,088	3,248,109	3,087,791	3,019,260	2,877,191	2,812,057	2,519,519	2,425,853	2,318,227	2,263,982	2,128,095	2,056,130	1,915,733	1,802,865	1,682,528	1,510,024	1,492,323	1,484,965	2,667,332	2,679,572	2,462,613	-14,711	2,203,613	2,181,400	2,124,212	2,118,447	2,063,135	1,958,416	1,869,281	1,844,700	1,491,700	1,482,500	1,417,300	1,423,300	1,332,200	1,261,100	1,190,200	1,116,900	1,064,300	1,027,000	993,900	982,100	951,000	911,300	906,000	799,300	741,100	709,800	720,600	704,400	705,100	667,000	628,600	0	557,900	561,300	547,000	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Current Liab	7,112,789	11,419,335	-1,176,737	-1,348,023	-1,253,046	-808,316	-280,466	14,041,312	14,455,114	-2,281	12,902,846	12,636,313	-5,000	-5,000	11,168,834	-10,000	9,113,604	8,704,928	-4,914	8,662,823	-153,000	-280,000	-30,000	6,535,306	6,709,435	6,546,853	-63,000	6,697,181	6,842,813	-53,000	6,320,995	6,585,986	-275	-46,264	-273	-321	-306	-47,161	-1,120	-1,168	-1,083	-70,111	-43,588	-1,176	-1,306	-27,493	-200,440	-452,153	-3,417	-3,526	-552,837	-558,003	-561,050	-4,985	-562,178	-661,683	-663,424	-762,024	-966,861	-972,554	-1,172,684	-1,752,774	-1,069,766	-1,201,747	-1,158,007	-1,061,812	-359,826	-321,625	-367,364	-861,056	-1,472,264	-1,298,178	-1,258,125	-937,480	-568,506	-467,742	-486,737	-364,809	-322,876	-527,431	-361,590	-410,759	-401,965	-436,688	-296,340	-202,497	-57,839	-164,855	-69,889	-57,402	-137,495	-144,151	-116,151	-492,742	-350,000	-398,752	-355,536	-328,300	-215,000	-226,000	-2,800	-4,700	0	-135,000	-85,000	-49,000	0	-70,000	-50,000	-56,000	-40,000	-40,000	-40,000	-40,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Liab	0	0	0	112,985	117,167	106,807	121,450	122,504	119,428	130,743	126,132	126,520	86,095	204,643	89,532	84,378	104,470	96,097	96,263	92,392	91,710	99,561	94,636	62,644	66,816	74,920	75,609	88,394	79,814	91,363	116,931	118,619	75,062	68,063	110,315	121,387	61,931	60,273	60,317	117,313	130,701	65,218	60,298	124,675	65,884	61,217	71,352	72,795	61,421	90,466	90,036	65,753	108,571	61,458	66,947	68,341	59,601	57,157	71,162	53,140	71,155	60,702	55,065	45,731	181,315	49,262	73,284	42,640	45,734	43,370	54,020	162,600	53,082	71,139	73,646	42,908	44,956	43,560	44,993	46,956	44,026	34,308	30,896	42,504	85,083	70,738	41,088	41,376	87,815	31,396	54,657	30,249	40,957	27,102	27,089	33,276	26,964	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Stockholder Equity	-2,422,110	0	-1,092,079	-1,062,093	-1,034,110	-1,002,847	-964,674	-928,000	-895,661	-875,568	-852,273	-826,941	-800,259	-760,861	-735,218	-712,145	-694,931	-682,692	-656,659	-631,512	-602,279	-575,805	-552,343	-533,413	-513,484	1,452	-491,935	-477,675	-464,919	-449,499	-435,419	-422,939	-410,376	-399,919	-384,072	-368,960	-354,905	-351,814	-336,820	-323,106	-308,202	-290,149	-275,405	-261,677	-247,713	-235,010	48,465	43,584	41,427	479,973	480,121	491,472	490,837	490,226	489,739	493,393	491,945	491,226	492,014	365,594	365,204	364,469	355,494	354,729	353,928	354,249	356,220	368,990	357,084	366,082	0	253,681	0	0	0	3,303	0	0	233,324	233,245	0	0	151,345	144,853	0	0	28,939	21,023	10,143	13,969	21,748	10,200	12,222	6,803	-8,730	-16,517	-18,940	-16,400	83,000	90,700	94,200	-8,000	66,400	63,300	62,800	63,000	62,200	61,900	62,200	61,800	42,300	40,900	42,200	43,800	32,800	32,500	32,400	25,800	16,800	17,100	19,100	20,700	12,300	11,900	11,900	11,800	6,000	6,000	6,100	5,600	5,500	5,400	5,400	5,600	5,800	5,800	5,800	5,700	-	5,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred Stock Redeemable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred Stock Total Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	122,219	121,860	121,508	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property Plant And Equipment Gross	0	139,865	0	0	0	143,900	0	0	0	0	0	49,914	49,735	70,256	51,477	51,766	52,867	72,500	53,256	54,163	55,833	58,193	59,256	44,691	45,542	46,166	46,654	47,362	47,262	42,086	38,671	39,702	39,922	31,382	31,797	31,894	32,628	33,591	34,609	36,014	31,723	32,831	33,604	34,211	34,886	35,080	35,577	36,462	35,624	36,280	36,725	38,019	39,431	40,921	41,936	42,585	41,519	41,444	42,285	42,838	44,015	44,420	44,015	45,206	46,585	46,855	47,048	46,391	45,597	44,963	44,219	43,862	41,258	40,020	39,823	39,596	35,755	33,508	26,865	29,607	30,035	31,069	31,683	31,602	30,527	29,413	28,786	29,211	29,733	29,921	29,330	27,921	27,100	27,206	27,446	27,335	27,638	27,700	22,200	22,100	22,000	22,300	21,400	21,700	21,900	23,400	23,200	23,500	23,900	24,200	23,800	23,800	23,600	17,200	12,200	12,200	12,600	12,800	12,500	10,900	9,600	9,100	8,700	8,300	7,900	7,900	8,200	8,300	8,500	8,600	8,800	9,100	9,400	9,600	9,600	9,700	9,600	9,700	-	9,900	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property Plant And Equipment Net	43,448	66,364	44,561	45,518	45,310	46,698	47,422	47,100	53,435	49,096	49,812	49,914	49,735	51,144	51,477	51,766	52,867	53,978	53,256	54,163	55,833	58,193	59,256	44,691	45,542	46,166	46,654	47,362	47,262	42,086	38,671	39,702	39,922	31,382	31,797	31,894	32,628	33,591	34,609	36,014	31,723	32,831	33,604	34,211	34,886	35,080	35,577	36,462	35,624	36,280	36,725	38,019	39,431	40,921	41,936	42,585	41,519	41,444	42,285	42,838	44,015	44,420	44,015	45,206	46,585	46,855	47,048	46,391	45,597	44,963	44,219	43,862	41,258	40,020	39,823	39,596	35,755	33,508	26,865	29,607	30,035	31,069	31,683	31,602	30,527	29,413	28,786	29,211	29,733	29,921	29,330	27,921	27,100	27,206	27,446	27,335	27,638	27,700	22,200	22,100	22,000	22,300	21,400	21,700	21,900	23,400	23,200	23,500	23,900	24,200	23,800	23,800	23,600	17,200	12,200	12,200	12,600	12,800	12,500	10,900	9,600	9,100	8,700	8,300	7,900	7,900	8,200	8,300	8,500	8,600	8,800	9,100	9,400	9,600	9,600	9,700	9,600	9,700	-	9,900	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property Plant Equipment	0	0	0	68,722	45,310	69,394	47,422	47,100	53,435	49,096	49,812	49,914	70,075	51,144	51,477	51,766	52,867	53,978	53,256	54,163	55,833	58,193	59,256	44,691	45,542	46,166	46,654	47,362	47,262	42,086	38,671	39,702	39,922	31,382	31,797	31,894	32,628	33,591	34,609	36,014	31,723	32,831	33,604	34,211	34,886	35,080	35,577	36,462	35,624	36,280	36,725	38,019	39,431	40,921	41,936	42,585	41,519	41,444	42,285	42,838	44,015	44,420	44,015	45,206	46,585	46,855	47,048	46,391	45,597	44,963	44,219	43,862	41,258	40,020	39,823	39,596	35,755	33,508	26,865	29,607	30,035	31,069	31,683	31,602	30,527	29,413	28,786	29,211	29,733	29,921	29,330	27,921	27,100	27,206	27,446	27,335	27,638	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Retained Earnings	0	1,112,642	1,092,079	1,062,093	1,034,110	1,002,847	964,674	928,000	895,661	875,568	852,273	826,941	800,259	760,861	735,218	712,145	694,931	682,692	656,659	631,512	602,279	575,805	552,343	533,413	513,484	494,361	491,935	477,675	464,919	449,499	435,419	422,939	410,376	399,919	384,072	368,960	354,905	351,814	336,820	323,106	308,202	290,149	275,405	261,677	247,713	235,010	221,791	221,443	206,737	193,372	180,518	167,047	155,027	147,444	146,586	137,670	127,696	120,612	112,596	111,089	104,291	100,184	95,555	85,183	75,089	66,569	60,271	53,177	44,547	36,478	138,448	126,883	114,850	103,546	93,252	81,714	82,378	72,314	61,295	50,481	39,596	36,482	112,645	104,350	97,079	89,678	82,241	73,932	67,179	60,671	53,461	46,857	41,092	36,179	68,228	62,106	56,674	51,900	31,800	27,400	23,300	19,800	48,200	45,900	42,300	39,100	34,900	31,200	29,700	27,300	42,100	39,100	36,600	34,500	42,400	40,100	38,100	36,100	45,100	42,800	41,000	39,300	45,600	43,600	41,800	40,200	43,900	42,100	40,400	38,600	36,900	35,300	33,700	32,800	32,300	30,400	28,500	26,800	-	22,800	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Retained Earnings Total Equity	0	0	0	0	1,034,110	0	964,674	928,000	895,661	875,568	852,273	826,941	800,259	760,861	735,218	712,145	694,931	682,692	656,659	631,512	602,279	575,805	552,343	533,413	513,484	494,361	491,935	477,675	464,919	449,499	435,419	422,939	410,376	399,919	384,072	368,960	354,905	351,814	336,820	323,106	308,202	290,149	275,405	261,677	247,713	235,010	221,791	221,443	206,737	193,372	180,518	167,047	155,027	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short Long Term Debt	0	2,070,000	1,120,000	1,495,000	1,405,000	995,000	0	0	0	2,281	0	0	5,000	5,000	0	10,000	0	0	4,914	0	153,000	0	0	411,233	514,696	582,758	549,626	577,007	564,387	687,585	577,990	590,465	631,860	771,822	0	0	0	844,960	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short Long Term Debt Total	2,270,720	2,365,698	1,120,000	1,495,000	1,405,000	995,000	492,936	528,899	622,337	2,281	680,652	600,246	30,774	30,774	35,774	35,774	25,774	25,774	30,688	25,774	178,774	305,774	55,774	25,774	25,774	25,774	88,774	25,774	25,774	78,774	25,774	25,774	30,774	71,774	25,774	25,774	25,774	271,253	225,184	225,116	225,048	293,980	267,394	224,844	245,395	291,946	265,878	536,429	556,980	563,717	665,579	671,064	671,479	670,362	672,129	770,920	772,473	870,598	1,073,496	1,079,050	1,279,292	1,858,088	2,121,653	2,109,982	1,860,906	1,868,555	1,661,539	1,681,613	1,705,750	1,903,150	2,014,261	1,858,712	1,659,186	1,584,909	1,396,005	1,439,555	1,445,612	1,274,929	1,129,729	1,204,607	970,205	872,810	739,251	791,538	723,000	482,888	344,700	464,237	382,288	384,999	338,172	440,677	410,891	497,234	350,000	398,752	355,536	323,000	215,000	238,200	3,200	200,000	400	135,400	85,400	49,000	400	70,400	50,400	56,000	40,500	40,500	40,500	40,000	500	500	500	6,000	500	500	500	0	500	10,000	500	0	11,400	8,200	3,600	0	10,300	8,400	8,100	6,400	10,100	6,100	4,200	7,000	-	10,700	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short Term Debt	275,720	2,348,998	1,391,243	1,495,000	1,405,000	995,000	469,638	506,506	604,349	2,281	661,292	581,620	5,000	5,000	0	10,000	0	0	4,914	0	153,000	280,000	30,000	411,233	514,696	582,758	63,000	577,007	53,000	53,000	577,990	590,465	631,860	46,000	0	0	46,000	46,000	0	0	69,000	69,000	42,482	0	26,000	26,000	198,866	448,798	0	0	548,594	553,526	556,424	0	557,074	655,865	657,418	755,543	958,441	963,995	1,164,237	1,743,033	1,051,598	1,189,850	1,140,851	1,048,500	340,680	306,000	347,500	844,900	1,456,011	1,280,462	1,245,936	922,433	558,529	457,079	478,136	356,000	317,253	522,131	356,729	405,500	398,000	431,000	291,000	196,000	52,700	157,000	65,000	50,000	132,858	136,354	110,559	486,000	350,000	398,752	355,536	323,000	215,000	226,000	2,800	200,000	0	135,000	85,000	49,000	0	70,000	50,000	56,000	40,000	40,000	40,000	40,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short Term Investments	0	2,956,125	2,873,163	3,068,151	3,204,524	3,255,211	3,321,824	3,626,157	3,647,330	3,183,923	2,925,060	2,932,021	2,812,348	2,398,923	2,205,646	1,676,067	1,679,755	1,740,257	1,570,406	1,600,020	1,673,501	1,734,085	1,806,231	1,929,994	1,941,592	2,080,985	2,175,648	2,269,510	2,271,703	2,270,466	2,227,551	2,248,032	2,294,659	2,368,646	2,312,721	3,154,217	3,028,289	3,137,158	3,160,056	3,017,490	2,750,063	2,663,642	2,617,307	2,431,581	2,390,673	2,449,387	2,257,507	2,259,531	2,372,729	2,201,526	2,167,159	1,978,997	2,017,528	1,791,558	1,912,268	2,011,492	2,073,975	2,108,463	2,285,456	2,271,393	2,319,051	2,493,476	2,387,444	2,490,677	2,546,367	475	2,390,306	2,344,537	2,484,664	2,582,902	2,643,100	2,675,165	2,406,986	2,369,892	2,255,176	2,143,528	2,270,450	2,085,014	2,038,322	2,070,091	0	1,865,782	1,778,751	1,788,606	0	1,452,499	0	0	0	1,181,503	0	0	0	10,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Temporary Equity Redeemable Noncontrolling Interests	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Assets	16,468,146	16,020,993	15,903,015	16,484,544	16,274,041	16,476,540	16,349,276	16,759,993	17,539,137	15,883,697	16,201,598	15,539,288	14,840,438	14,419,314	13,818,711	13,751,297	11,606,888	11,282,450	11,332,762	11,171,583	11,304,957	11,529,153	11,480,341	8,093,863	8,356,160	8,270,586	8,304,012	8,418,203	8,559,121	8,073,707	8,044,993	8,312,307	7,920,836	7,671,200	7,626,462	7,697,358	7,442,951	7,377,920	7,422,849	7,423,993	6,902,518	6,664,967	6,557,283	6,425,556	6,265,767	6,363,364	6,321,341	6,523,963	6,506,083	6,482,915	6,529,907	6,460,193	6,498,352	6,436,691	6,483,871	6,860,396	6,788,652	6,739,769	6,546,265	6,414,897	6,416,089	6,649,651	6,421,786	6,453,846	6,374,802	6,293,963	6,157,393	6,137,043	5,993,428	6,094,262	5,974,648	5,952,419	5,527,914	5,422,971	5,020,164	4,811,854	4,831,993	4,511,011	4,352,741	4,364,022	4,009,916	3,854,349	3,661,827	3,513,011	3,394,744	3,123,411	2,848,316	2,858,510	2,585,133	2,514,102	2,367,390	2,327,672	2,271,679	2,307,996	2,216,916	2,110,871	2,016,160	2,010,800	1,626,500	1,602,600	1,557,900	1,555,200	1,441,600	1,381,300	1,317,800	1,258,800	1,185,300	1,152,600	1,123,900	1,160,400	1,068,000	1,042,700	1,038,400	936,900	855,800	812,700	812,000	836,100	800,300	766,300	700,100	687,400	636,200	648,700	608,500	592,100	564,500	567,200	551,100	560,300	531,900	517,300	520,400	512,400	509,900	496,000	481,100	472,700	-	430,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Current Assets	962,221	511,945	3,193,587	3,794,851	3,523,554	3,549,351	3,549,216	4,394,685	5,372,771	4,988,403	5,560,988	5,334,801	4,407,744	4,446,193	3,773,006	3,691,837	2,460,580	1,981,852	2,068,095	1,842,270	1,914,384	1,969,889	2,077,099	2,186,354	2,475,822	2,313,557	2,411,311	2,545,355	2,746,881	2,504,586	2,638,197	3,110,415	2,698,061	2,581,569	2,729,976	3,699,732	3,531,754	3,347,878	3,562,222	3,643,149	3,378,084	2,999,278	2,999,023	2,971,231	2,763,740	2,762,918	341,070	559,080	359,693	428,855	546,629	571,186	472,513	478,112	221,450	478,203	308,698	133,152	249,588	247,562	129,913	124,101	121,696	140,091	140,029	119,695	156,658	175,577	149,015	176,636	157,298	171,304	159,062	156,171	163,849	160,491	163,989	102,791	133,447	181,886	135,040	127,732	142,166	131,441	127,739	140,814	139,662	138,117	91,552	97,362	127,749	111,438	113,239	154,940	118,629	117,110	111,085	129,900	103,900	89,000	109,300	100,000	78,100	88,300	95,200	107,700	86,700	90,700	94,400	142,500	81,200	95,300	96,800	111,900	93,800	81,900	69,800	109,800	73,400	80,400	59,900	60,900	67,600	77,100	51,500	71,200	37,600	55,700	58,700	71,600	54,900	54,500	66,300	45,700	54,400	60,800	62,600	46,300	-	57,700	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Current Liabilities	7,388,509	13,768,333	214,506	146,977	151,954	186,684	189,172	14,547,818	15,059,463	2,281	13,564,138	13,217,933	5,000	5,000	21,412	10,000	10,473	35,587	4,914	745	153,000	280,000	30,000	1,263	1,387	40,046	63,000	1,679	1,608	53,000	668	560	275	46,264	273	321	306	47,161	1,120	1,168	1,083	70,111	43,588	1,176	1,306	27,493	200,440	452,153	3,417	3,526	552,837	558,003	561,050	4,985	562,178	661,683	663,424	762,024	966,861	972,554	1,172,684	1,752,774	1,069,766	1,201,747	1,158,007	1,061,812	359,826	321,625	367,364	861,056	1,472,264	1,298,178	1,258,125	937,480	568,506	467,742	486,737	364,809	322,876	527,431	361,590	410,759	401,965	436,688	296,340	202,497	57,839	164,855	69,889	57,402	137,495	144,151	116,151	492,742	350,000	398,752	355,536	328,300	215,000	226,000	2,800	200,000	0	135,000	85,000	49,000	0	70,000	50,000	56,000	40,000	40,000	40,000	40,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Liab	14,381,321	13,943,021	1,120,000	1,495,000	14,284,272	14,528,023	14,470,390	14,777,782	15,464,094	13,802,194	14,137,678	13,484,214	12,807,762	12,411,324	35,774	11,792,199	25,774	25,774	9,365,869	25,774	9,414,030	9,677,963	9,661,761	25,774	25,774	25,774	7,227,548	25,774	25,774	7,082,845	25,774	25,774	6,948,974	6,747,801	6,705,735	6,803,367	6,545,833	6,499,811	6,573,618	6,583,234	6,093,337	5,893,080	5,789,061	5,673,482	5,497,555	5,600,394	5,567,134	5,775,710	5,776,076	5,768,101	5,830,032	5,776,508	5,843,748	5,792,836	5,819,113	6,186,412	6,135,887	6,101,541	5,894,755	5,791,521	5,789,728	6,034,759	5,986,966	6,019,652	5,923,013	5,869,015	5,750,576	5,740,209	5,599,587	5,704,923	5,591,758	5,614,165	5,188,349	5,080,094	4,682,989	4,474,999	4,507,762	4,193,528	4,042,659	4,083,166	3,713,487	3,567,628	3,384,005	3,241,212	3,128,578	2,863,590	2,592,756	2,617,127	2,361,467	2,293,354	2,146,117	2,124,648	2,072,600	2,119,366	350,000	398,752	355,536	328,300	215,000	1,484,500	1,440,400	200,000	400	1,272,100	1,212,700	49,000	400	1,059,800	1,034,200	56,000	983,600	962,700	959,600	40,000	500	500	500	774,200	500	500	500	627,400	500	10,000	500	540,100	11,400	8,200	3,600	516,100	10,300	8,400	8,100	6,400	10,100	6,100	4,200	7,000	-	10,700	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Permanent Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Stockholder Equity	-335,285	2,077,972	1,951,401	2,001,367	1,989,769	1,948,517	1,878,886	1,982,211	2,075,043	2,081,503	2,063,920	2,055,074	2,032,676	2,007,990	1,981,957	1,959,098	1,941,386	1,994,098	1,966,893	1,936,677	1,890,927	1,851,190	1,818,580	1,083,417	1,066,858	1,069,266	1,076,464	1,060,769	1,046,333	990,862	1,003,303	991,463	971,862	923,399	920,727	893,991	897,118	878,109	849,231	840,759	809,181	771,887	768,222	752,074	768,212	762,970	754,207	748,253	730,007	714,814	699,875	683,685	654,604	643,855	664,758	673,984	652,765	638,228	651,510	623,376	626,361	614,892	434,820	434,194	451,789	424,948	406,817	396,834	393,841	389,339	382,890	338,254	339,565	342,877	337,175	336,855	324,231	317,483	310,082	280,856	296,429	286,721	277,822	271,799	266,166	259,821	255,560	241,383	223,666	220,748	221,273	203,024	199,079	188,630	167,006	153,059	145,174	140,800	114,800	118,100	117,500	115,700	114,600	109,200	105,100	102,100	97,600	92,800	89,700	89,100	84,400	80,000	78,800	78,300	74,300	71,800	67,000	61,900	61,900	59,900	60,100	60,000	57,900	55,500	53,700	52,000	49,900	48,100	46,500	44,200	42,400	40,700	39,100	38,400	38,100	36,200	34,300	32,500	-	28,300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Treasury Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Warrants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Cash Flow

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31	1993-12-31	1992-12-31	1991-12-31	1990-12-31	1989-12-31
Begin Period Cash Flow	203,461	1,732,548	1,958,160	185,518	163,948	144,377	121,633	106,097	105,768	94,693	98,431	345,343	404,275	103,254	95,297	89,486	146,411	130,141	84,400	112,008	164,973	102,651	140,315	118,360	175,000	107,700	142,500	127,400	109,800	60,900	84,500	71,600	45,700	45,100	36,600
Capital Expenditures	113,521	5,359	4,677	4,672	5,522	4,194	4,893	12,615	1,869	1,893	2,421	4,271	1,676	6,712	4,162	5,053	7,401	9,364	11,881	11,376	6,923	4,390	7,657	4,201	4,100	3,600	2,200	3,300	6,800	5,300	2,300	500	400	1,200	1,200
Cash And Cash Equivalents Changes	0	0	-225,612	1,772,642	21,570	19,571	22,744	15,536	329	11,075	-3,738	-246,912	-58,932	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash Flows Other Operating	0	0	195,242	185,096	208,182	168,378	139,592	123,255	105,642	87,702	111,811	154,761	130,018	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change In Cash	77,824	-1,529,087	-225,612	1,772,642	21,570	19,571	22,744	15,536	329	11,075	-3,738	-246,912	-58,932	301,021	7,957	5,811	-56,925	16,270	45,741	-27,608	-66,979	21,286	-37,664	21,955	-56,600	274,800	67,500	93,900	74,900	60,400	18,100	22,200	40,600	29,100	91,800
Change In Working Capital	43,677	-9,800	-8,132	-16,223	-3,125	8,741	30,246	3,085	-2,326	-10,023	18,261	47,465	-16,528	4,993	-18,066	-1,759	-5,154	-6,603	676	883	-907	-3,705	575	-1,770	-1,400	200	300	1,000	600	-700	300	1,700	-300	1,000	300
Change Receivables	0	0	0	0	0	0	0	0	0	0	0	1,157	-135	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Account Receivables	0	0	0	-743,290	0	0	0	0	462	-419	304	1,157	135	5,025	4,437	1,214	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Inventory	0	0	0	0	0	0	0	0	902	3,591	12,860	21,916	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Liabilities	0	0	0	0	0	0	0	0	0	5	0	-2,033	-1,459	0	0	0	0	1,109	6,147	3,550	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Netincome	0	34,445	-17,279	365	5	3,546	906	1,101	6,497	-16,319	16,203	-70	41	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Operating Activities	0	-9,800	-8,132	-16,223	-3,125	5,316	29,693	4,362	-2,149	-9,957	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	13,052	13,661	-6,426	-1,157	22,036	8,349	-645	3,802	-1,995	559	2,449	7,532	9,648	10,546	9,880	10,817	13,236	15,097	21,630	14,302	22,024	18,279	-6,226	9,874	11,200	1,900	1,900	-200	1,000	0	200	1,100	1,300	1,300	1,200
Dividends Paid	111,686	104,439	97,733	98,475	95,352	65,966	57,047	51,625	48,862	42,298	29,939	44,552	35,805	36,103	36,499	28,317	28,479	27,876	27,963	23,821	21,638	20,800	15,585	12,390	9,800	6,500	4,500	3,100	2,600	2,300	2,100	1,900	1,700	1,600	400
End Period Cash Flow	281,285	203,461	1,732,548	1,958,160	185,518	163,948	144,377	121,633	106,097	105,768	94,693	98,431	345,343	404,275	103,254	95,297	89,486	146,411	130,141	84,400	97,994	123,937	102,651	140,315	118,400	382,500	210,000	221,300	184,700	121,300	102,600	93,800	86,300	74,200	128,400
Exchange Rate Changes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Free Cash Flow	182,111	268,372	190,565	180,424	202,660	164,184	134,699	110,640	103,773	85,809	109,390	150,490	128,342	96,153	61,866	78,582	63,714	61,522	77,203	64,274	65,021	56,923	32,579	38,566	36,700	25,400	22,600	14,100	11,400	4,200	8,300	9,000	6,500	8,900	4,000
Investments	328,572	-1,176,966	-3,507,085	-1,874,800	-51,643	538,087	-319,367	-622,507	-715,926	-323,154	-389,031	-235,139	-106,085	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issuance Of Capital Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Borrowings	0	915,762	174,489	15,747	-293,596	-295,089	-102,255	-85,255	-72,923	-56,624	171,769	-308,169	-139,735	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	219,889	235,425	212,521	177,159	207,827	152,003	104,411	101,429	99,145	104,021	95,608	77,280	81,733	62,935	65,419	63,073	60,584	71,906	70,618	61,486	52,832	49,745	40,058	34,683	26,000	20,800	17,400	13,300	11,500	10,400	9,500	9,000	8,000	8,800	7,800
Other Cashflows From Financing Activities	159,819	-407,006	1,444,200	3,047,551	-413,943	-602,416	-197,525	102,129	437,381	457,390	310,323	146,026	38,907	-121,337	-160,245	755,083	429,934	1,273,913	851,987	617,928	658,334	385,965	170,119	253,587	168,000	281,300	72,000	97,000	77,500	62,700	20,200	24,100	42,300	30,700	92,200
Other Cashflows From Investing Activities	0	6,527	786,685	610,714	382,488	273,763	463,112	482,383	-298,879	56,526	12,996	18,295	21,098	16,130	13,419	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Non Cash Items	45,118	26,544	-1,177	335	-5,790	-3,604	-3,413	-150	-790	-1,753	-2,283	20,293	42,008	15,856	-24,625	23,086	2,364	-12,834	-3,335	1,435	-2,900	495	6,356	427	8,700	7,800	4,900	4,300	6,500	-500	5,200	-1,200	-1,100	-1,000	-3,100
Sale Purchase Of Stock	-21,216	-116,330	-8,337	-92,772	-2,640	-7,760	-1,128	-1,907	-834	-5,474	-559	-54	-12,527	-5,169	728,170	-650	-33,918	0	-12,286	-1,992	-7,053	-2,100	0	0	0	0	0	0	0	0	0	0	0	0	0
Stock Based Compensation	9,439	7,901	5,183	5,529	5,548	3,508	2,953	2,803	2,733	2,988	1,926	2,039	2,214	2,197	1,666	1,500	-14	-1,493	80	1,081	-5,042	-5,033	0	13	-700	-400	0	0	0	0	-3,700	-300	-700	0	0
Total Cash From Financing Activities	-754,084	-625,852	1,309,637	2,856,304	-511,935	-956,463	-255,700	45,020	195,435	191,894	262,907	-180,585	-102,287	-352,279	-620,525	256,116	-106,913	626,037	718,024	592,115	629,643	365,165	154,534	241,197	158,200	274,800	67,500	93,900	74,900	60,400	18,100	22,200	40,600	29,100	91,800
Total Cash From Operating Activities	295,632	273,731	195,242	185,096	208,182	168,378	139,592	123,255	105,642	87,702	111,811	154,761	130,018	102,865	66,028	83,635	71,115	70,886	89,084	75,650	71,944	61,313	40,236	42,767	40,800	29,000	24,800	17,400	18,200	9,500	10,600	9,500	6,900	10,100	5,200
Total Cashflows From Investing Activities	0	-1,176,966	-1,730,491	-1,268,758	325,323	807,656	138,852	-152,739	-300,748	-268,521	-378,456	-221,088	-86,663	550,435	562,454	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31	1999-09-30	1999-06-30	1999-03-31	1998-12-31	1998-09-30	1998-06-30	1998-03-31	1997-12-31	1997-09-30	1997-06-30	1997-03-31	1996-12-31	1996-09-30	1996-06-30	1996-03-31	1995-12-31	1995-09-30	1995-06-30	1995-03-31	1994-12-31	1994-09-30	1994-06-30	1994-03-31	1993-12-31	1993-09-30	1993-06-30	1993-03-31	1992-12-31	1992-09-30	1992-06-30	1992-03-31	1991-12-31	1991-09-30	1991-06-30	1991-03-31	1990-12-31	1990-09-30	1990-06-30	1990-03-31
Begin Period Cash Flow	281,285	240,695	618,355	227,534	203,461	318,539	696,709	1,653,039	1,732,548	2,561,363	2,331,865	1,525,299	1,958,160	1,484,953	1,927,283	705,739	185,518	437,548	175,840	172,214	163,948	194,475	181,489	456,238	144,377	143,790	184,747	382,441	121,633	259,159	699,182	239,586	106,097	308,227	446,446	401,372	105,768	240,056	404,183	421,386	94,693	131,442	282,268	135,278	98,431	248,185	476,695	276,318	345,343	442,942	457,075	399,060	404,275	296,270	501,510	331,468	104,480	222,158	221,242	101,214	95,297	92,421	110,966	110,102	89,486	125,997	142,699	117,981	146,411	127,217	143,212	131,453	130,141	132,741	128,577	101,608	84,400	116,125	164,988	118,156	112,008	112,004	114,012	109,164	164,973	223,671	114,395	90,440	102,651	145,483	96,398	105,767	140,315	104,198	103,380	98,828	118,360	103,900	42,800	164,300	100,000	50,000	73,800	153,900	107,700	26,500	23,400	102,500	142,500	4,800	17,900	93,700	111,900	36,900	0	77,300	109,800	0	38,200	85,700	60,900	7,900	14,900	85,600	71,200	0	14,200	59,500	71,600	12,500	0	52,000	45,700	10,700	13,100	49,800	45,100
Capital Expenditures	0	110,641	531	2,006	343	1,302	1,750	1,187	1,120	2,399	21	1,637	662	2,228	894	668	882	2,461	433	1,138	1,490	711	2,258	509	716	1,764	660	1,471	998	10,272	298	1,134	911	620	764	328	157	225	704	663	301	341	539	482	1,059	889	469	2,202	711	997	220	150	309	901	1,200	2,877	1,734	865	1,125	619	1,553	2,197	758	641	1,457	1,577	2,234	1,443	2,147	705	1,924	4,002	2,733	1,860	1,804	5,567	2,650	8,283	1,474	1,086	533	798	1,040	2,623	2,462	1,936	681	621	1,152	1,931	2,668	2,062	996	990	1,251	883	1,077	1,800	900	900	500	1,800	500	400	900	900	500	400	400	1,200	700	1,000	400	5,400	500	700	200	800	1,900	1,700	900	600	600	800	300	0	200	0	800	200	100	0	100	300	200	500	200
Cash And Cash Equivalents Changes	0	0	0	0	24,073	0	-378,170	-956,330	-79,509	-828,815	229,498	806,566	-432,861	473,207	-442,330	1,221,544	520,221	-252,030	261,708	3,626	8,266	-30,527	12,986	-274,749	311,861	587	-40,957	-197,694	260,808	-137,526	-440,023	459,596	133,489	-202,130	-138,219	45,074	295,604	-134,288	-164,127	-17,203	326,693	-36,749	-150,826	146,990	36,847	-149,754	-228,510	200,377	-69,025	-97,599	-14,133	58,015	-5,215	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash Flows Other Operating	0	0	0	0	70,120	0	94,712	86,274	75,112	260	77,198	71,753	46,031	47,077	40,938	21,554	75,527	60,772	64,808	28,115	54,487	51,814	48,238	27,907	40,419	32,117	41,109	9,217	57,149	25,039	39,607	27,279	31,330	20,272	35,721	21,534	28,115	21,516	33,927	3,307	28,952	39,008	19,639	44,838	8,326	-223,159	293,448	49,922	34,550	78,108	51,910	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change In Cash	0	40,590	-377,660	390,821	24,073	-115,078	-378,170	-956,330	-79,509	-828,815	229,498	806,566	-432,861	473,207	-442,330	1,221,544	520,221	-252,030	261,708	3,626	8,266	-30,527	12,986	-274,749	311,861	587	-40,957	-197,694	260,808	-137,526	-440,023	459,596	133,489	-202,130	-138,219	45,074	295,604	-134,288	-164,127	-17,203	326,693	-36,749	-150,826	146,990	36,847	-149,754	-228,510	200,377	-69,025	-97,599	-14,133	58,015	-5,215	108,005	-205,240	170,042	226,988	-118,904	916	120,028	5,917	2,876	-18,545	864	20,616	-36,511	-16,702	24,718	-28,430	19,194	-15,995	11,759	1,312	-2,600	4,164	26,969	17,208	-31,725	-48,863	46,832	6,148	-14,010	-2,008	4,848	-55,809	-99,734	109,276	23,955	-12,211	-42,832	49,085	-9,369	-34,548	36,117	818	4,552	-19,532	14,500	61,100	-154,700	800	104,800	50,000	73,800	46,200	57,600	26,500	23,400	-40,000	89,400	4,800	17,900	-18,200	74,800	36,900	-4,300	-32,500	36,300	-38,900	38,200	24,800	-19,100	7,900	14,900	14,400	25,200	-5,100	14,200	-12,100	26,800	12,500	-5,000	6,300	600	10,700	13,100	4,700
Change In Working Capital	6,830,100	774	14,244	25,240	-1,415	-7,263	-1,938	-17,448	16,849	2,916	15,390	-29,432	2,994	-998	-5,408	-30,727	20,910	6,680	6,523	-20,337	4,009	6,174	5,910	-9,608	6,265	16,027	7,893	-21,671	27,997	-6,310	10,053	-4,456	3,798	-9,213	6,306	-6,989	7,570	-7,786	7,196	-18,070	8,637	15,160	-6,203	24,006	-14,702	27,119	2,189	9,903	8,254	6,744	14,152	-16,485	-20,939	3,455	-12,896	1,189	13,245	-4,630	999	-20,238	5,803	-924	1,714	-6,675	4,126	-9,699	5,932	-2,984	1,597	-5,643	1,040	2,536	-4,536	3,369	-5,812	5,881	-2,762	2,117	-10,813	11,137	-1,558	1,718	-4,662	6,233	-4,196	-262	-1,292	1,763	-3,914	3,321	-3,386	1,637	-997	-710	-650	22	-432	379,000	-741	44,900	3,300	-700	500	100	300	100	-1,400	-800	2,400	2,200	-1,700	800	-300	-200	400	-2,000	2,400	200	-300	-200	-400	-625,500	200	-100	200	1,900	500	-1,000	300	0	500	300	-1,100	-600	1,700	-1,400	1,300
Change Receivables	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-160	0	0	0	0	0	0	0	0	0	302	823	-630	1,784	500	-990	-137	372	-507	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Account Receivables	0	0	0	0	0	0	0	0	0	0	0	297,796	64,167	0	-815,151	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-160	0	0	160	37	-596	699	322	265	-1,015	55	276	-191	302	823	-630	530	-500	990	137	-372	-140	263	384	5,025	1,437	455	1,250	4,437	1,089	2,199	105	1,214	934	1,084	282	0	0	249	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Inventory	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	163	0	0	53	603	0	0	299	-62	479	1,467	1,707	2,145	3,248	3,444	4,023	21,916	0	-2,944	2,944	-1,118	1,118	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Liabilities	0	0	0	0	0	0	-20,254	-32,998	0	0	-11,317	-47,992	907	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-3	3	0	0	0	0	5	0	12	0	0	-70	-130	-187	-81	-1,781	-62	-109	-717	-742	0	0	0	0	0	0	0	0	0	0	0	4,856	0	3,844	0	2,990	0	3,708	1,109	1,207	2,669	0	6,147	1,078	1,763	0	3,550	364	41	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Netincome	0	0	0	7,086	1,500	7,745	8,080	-26,835	29,552	-17,468	3,043	3,326	-16,423	-1,315	-21,820	11,500	12,000	-2,232	-124	24	105	6	3,468	230	3,540	504	3,564	4,902	-4,500	13,417	-6,100	-4,902	1,101	-8,341	7,835	-5,279	12,282	-4,065	9,632	-22,177	291	14,109	0	0	2,094	-71	7	-157	151	52	25,176	-14,344	-10,843	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Operating Activities	0	0	0	25,240	25,240	-7,263	-1,938	-17,448	16,849	2,916	15,390	-29,432	2,994	-998	-5,408	-30,727	20,910	6,680	6,523	-20,337	4,009	3,121	7,148	-7,793	6,265	29,151	7,893	-21,671	-28,846	4,362	-10,895	2,819	-4,273	-2,149	0	0	0	-9,957	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	0	4,184	5,650	3,887	4,448	4,235	3,677	3,432	2,317	717	-2,305	-1,312	-3,526	-3,330	-1,512	-1,491	5,176	5,043	9,161	2,163	5,669	8,931	-936	97	257	-212	-31	-960	558	674	1,443	1,548	137	-1,294	-472	42	-271	71	-370	504	354	420	426	772	831	1,756	1,808	1,810	2,158	2,335	2,318	2,435	2,560	2,581	2,759	2,618	2,588	2,479	2,399	2,367	2,635	2,527	1,877	3,306	3,107	3,685	5,265	1,270	3,016	3,094	3,252	3,339	5,412	8,380	2,160	6,132	4,958	-2,274	5,170	6,005	5,401	5,069	5,959	6,470	4,526	7,123	19,791	-3,429	-5,206	338	330	-4,581	-2,313	2,315	1,406	2,710	3,443	4,100	4,200	1,400	1,500	-400	1,500	-600	1,400	2,200	-1,800	800	700	-500	0	0	300	500	0	0	0	0	0	0	-100	100	-900	700	300	200	300	300	300	300	400	300	300	400	300	300	300
Dividends Paid	0	27,867	27,868	27,860	28,091	27,961	26,605	25,477	24,396	24,392	24,467	24,466	24,408	24,407	24,400	24,416	25,252	25,260	25,256	25,220	19,616	19,662	15,442	15,437	15,425	15,421	15,421	13,214	12,991	12,973	12,952	12,934	12,766	12,763	12,759	12,750	10,590	10,580	10,601	10,580	10,537	10,520	5	19,414	59,834	17,827	8,909	8,913	8,903	8,858	8,912	9,018	9,017	9,016	9,011	9,041	9,035	9,052	10,035	8,703	8,709	7,078	21,239	14,151	7,093	7,069	7,077	7,224	7,109	7,166	6,890	6,884	6,936	6,878	6,729	6,719	7,637	5,873	6,261	5,836	5,851	5,879	5,207	5,249	5,303	5,217	4,887	4,887	5,809	3,623	4,187	3,879	3,896	3,320	3,016	3,015	3,039	3,800	2,189	2,278	2,300	2,000	1,500	1,500	1,500	1,500	1,000	1,000	1,000	900	700	800	700	700	600	600	700	500	600	600	600	500	500	600	500	500	400	500	500	500	400	400	400	400	400	400	400
End Period Cash Flow	281,285	281,285	240,695	618,355	227,534	203,461	318,539	696,709	1,653,039	1,732,548	2,561,363	2,331,865	1,525,299	1,958,160	1,484,953	1,927,283	705,739	185,518	437,548	175,840	172,214	163,948	194,475	181,489	456,238	144,377	143,790	184,747	382,441	121,633	259,159	699,182	239,586	106,097	308,227	446,446	401,372	105,768	240,056	404,183	421,386	94,693	131,442	282,268	135,278	98,431	248,185	476,695	276,318	345,343	442,942	457,075	399,060	404,275	296,270	501,510	331,468	103,254	222,158	221,242	101,214	95,297	92,421	110,966	110,102	89,486	125,997	142,699	117,981	146,411	127,217	143,212	131,453	130,141	132,741	128,577	101,608	84,400	116,125	164,988	118,156	97,994	112,004	114,012	109,164	123,937	223,671	114,395	90,440	102,651	145,483	96,398	105,767	140,315	104,198	103,380	98,828	118,400	103,900	9,600	100,800	104,800	50,000	73,800	153,900	57,600	26,500	23,400	102,500	89,400	4,800	17,900	93,700	74,800	36,900	-4,300	77,300	36,300	-38,900	38,200	85,700	-19,100	7,900	14,900	85,600	25,200	-5,100	14,200	59,500	26,800	12,500	-5,000	52,000	600	10,700	13,100	49,800
Exchange Rate Changes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Free Cash Flow	0	-61,960	84,317	89,977	69,777	69,583	72,708	52,089	73,992	56,263	65,902	22,124	46,276	44,849	40,044	20,886	74,645	58,311	64,375	26,977	52,997	51,103	45,980	27,398	39,703	30,353	40,449	7,746	56,151	14,767	39,309	26,145	30,419	19,652	34,957	21,206	27,958	21,291	33,223	2,644	28,651	38,667	19,100	44,356	7,267	38,618	30,313	47,720	33,839	77,111	39,239	6,544	5,448	32,919	3,298	19,804	40,132	-4,251	27,202	6,107	32,808	15,147	26,209	15,789	21,437	10,615	22,394	11,144	19,561	4,128	28,024	8,797	20,573	24,850	12,177	15,557	24,619	5,654	11,124	20,810	26,686	22,969	10,051	18,929	13,072	86,350	-33,047	174	3,446	-18,618	23,109	18,995	9,093	8,445	3,410	15,647	11,064	11,900	10,700	8,200	5,900	5,600	6,600	5,000	8,200	7,900	5,100	3,500	6,100	3,900	1,200	2,700	6,300	-400	4,400	1,800	5,600	-21,200	24,500	1,000	-100	3,600	1,000	2,100	1,600	2,000	2,700	2,800	1,000	1,200	2,400	1,600	1,300	2,300	2,300	1,300	3,000
Investments	0	-7,225	161,999	148,923	154,238	-214,929	-311,687	-587,890	-842,451	-2,066,884	-319,916	-38,963	-936,814	-284,612	-839,374	-885,897	135,083	-308,993	-6,124	91,881	171,593	-154,711	726,705	-113,549	79,642	-97,862	-76,462	-132,866	-12,177	-134,447	-399,915	-134,916	46,771	-399,520	-383,070	-162,881	229,545	-74,590	-234,151	-184,075	169,662	-166,018	-351,492	-5,151	133,630	-1,226,832	965,147	165,456	-138,910	-67,844	-83,589	186,157	-140,809	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issuance Of Capital Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Borrowings	0	0	0	52,138	334,804	1,092,587	-34,985	-96,080	-45,760	-14,910	81,372	41,087	66,940	-49,014	15,264	109,241	-59,744	15,895	-8,507	-194,503	-106,481	292,778	-418,148	-103,223	-66,496	35,704	-28,016	-18,302	-91,641	78,038	-12,475	-40,974	-109,844	126,530	-52,152	101,974	-249,275	126,803	-82,635	-15,343	-85,449	103,886	116,724	-29,093	-19,748	-558,169	291,734	-9,932	-31,802	-77,833	-55,700	-43,072	36,870	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	48,599	48,170	57,887	55,770	59,270	66,168	64,639	59,058	45,560	47,696	49,753	51,179	63,893	50,056	47,492	41,631	37,980	51,281	50,423	54,481	51,642	43,159	38,558	35,373	34,913	17,851	29,683	28,373	28,504	27,076	25,448	25,514	23,391	28,613	27,886	26,813	15,833	25,581	24,295	25,484	28,661	25,288	24,239	24,466	21,615	22,136	9,257	23,619	22,268	21,712	22,383	21,038	16,600	9,874	17,927	19,015	16,119	17,068	19,323	15,860	13,168	12,277	17,460	17,152	16,184	13,367	16,185	15,854	15,178	16,294	18,455	18,917	18,240	17,172	18,267	17,478	17,701	16,888	17,075	17,451	10,072	14,106	13,502	12,520	12,704	12,592	13,196	11,640	12,317	10,814	10,791	9,644	8,809	9,242	9,138	8,447	7,856	8,100	6,300	6,100	5,500	5,700	5,300	5,000	4,800	5,500	4,800	3,700	3,400	3,600	3,600	3,300	2,800	3,300	3,000	2,700	2,500	2,800	2,900	2,500	2,200	2,500	2,500	2,300	2,200	2,500	2,300	2,100	2,100	1,900	2,000	2,100	2,000	2,200	2,300	2,200	2,100
Other Cashflows From Financing Activities	0	979,036	-596,504	177,790	-218,429	62,121	-204,192	-497,394	269,725	32,611	342,553	631,562	409,985	518,716	200,565	1,979,296	348,974	-73,504	123,155	-183,883	-279,711	10,639	-713,527	-276,763	96,914	1,278	-116,953	-163,735	81,885	72,973	-276,396	345,340	-34,788	276,576	-86,358	199,393	614	133	47,543	126,729	263,797	118,075	181,915	54	-32,691	75,492	-207,026	-10,857	34,950	25,434	17,334	-24,453	321	216,867	-21,499	42,722	132,135	-30,307	86,832	23,064	527,156	542,807	-7,872	234,699	-28,697	649,000	86,857	16,068	143	190	431,347	316,513	126,762	480,296	247,369	-41,834	210,653	220,710	-38,467	392,094	176,310	188,322	69,235	154,464	251,388	239,596	-26,129	160,567	11,931	170,846	99,662	62,966	-60,834	69,586	98,323	80,545	5,133	90,500	63,100	11,600	2,800	106,800	51,500	75,300	47,700	59,100	27,500	24,400	-39,000	90,300	5,500	18,700	-17,500	75,500	37,500	-3,700	-31,800	36,800	-38,300	38,800	25,400	-18,600	8,400	15,500	14,900	25,700	-4,700	14,700	-11,600	27,300	12,900	-4,600	6,700	1,000	11,100	13,500	5,100
Other Cashflows From Investing Activities	0	0	0	10,678	78,684	-6,876	127,621	802,697	-146,270	180,096	173,138	-18,941	5,062	218,746	181,092	139,087	71,789	98,521	106,281	93,948	83,738	88,876	-30,579	103,647	111,819	82,370	127,594	104,391	148,757	-72,858	210,019	240,977	104,245	106,403	309,106	120	1,418	3,237	334	52,955	0	65	54	9,429	3,448	1,022	3,797	6,971	6,532	-34,890	21,795	-101,215	135,408	16,130	6,643	7,571	1,864	13,419	12,413	9,038	3,308	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Non Cash Items	-48,599	3,921	18,918	4,708	5,533	5,482	6,019	6,252	8,791	-700	1,666	-78	-399	-365	-1,041	10,792	9,844	-3,988	-3,120	-5,685	-105	1	3,859	-26	-3,579	-2,915	-24	-24	-450	53	-323	46	74	-627	-154	-716	707	-614	97	-1,119	-117	-3,313	495	207	328	-16,888	20,103	15,762	1,316	46,776	120	-891	6,946	23,389	-1,851	-2,887	-2,795	-22,776	-1,470	358	-737	3,464	5,916	2,647	-523	4,839	-2,754	-1,553	1,917	-8,912	7,201	-11,993	4,190	-2,211	-634	-8,367	7,372	-5,658	1,166	-12,697	7,388	2,874	-3,708	-3,671	2,500	68,833	-64,061	-9,179	1,401	-31,160	18,042	14,357	4,590	-1,412	-5,233	5,351	1,274	1,500	1,100	1,600	-600	2,800	-200	900	2,600	1,000	4,000	200	0	-200	-100	-400	3,900	1,400	1,500	1,800	900	-23,400	23,800	400	-900	1,600	-200	1,700	-800	-2,600	-200	1,400	-900	-400	-1,300	-1,100	200	600	-200	700	-500
Sale Purchase Of Stock	0	-30	-135	-15	-21,036	-124	-5,742	-40,821	-69,643	-91	-7,712	-32	-502	-85	-257	-7,412	-85,018	-1,105	-723	-77	-735	-6,772	-151	-45	-792	-131	-164	-16	-817	-1,411	-88	-16	-392	-228	-95	-14	-497	-91	-475	-4,876	-32	-100	-398	-37	-24	-54	172	885	1,355	-690	-11,837	38	-401	-401	0	0	0	93,762	0	0	0	-650	0	0	-650	-33,918	0	0	-9,819	298,118	0	0	0	-12,286	0	0	0	-1,992	0	0	0	-7,053	0	0	0	-2,100	0	0	0	102,061	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Stock Based Compensation	0	2,384	2,393	2,378	2,284	2,263	2,061	1,982	1,595	1,134	1,377	1,390	1,282	1,156	1,407	1,349	1,617	1,756	1,821	952	1,019	1,192	847	733	736	753	743	778	679	649	847	653	654	689	673	639	732	711	746	875	656	487	546	432	461	652	550	432	405	541	486	597	590	521	571	573	532	529	354	390	393	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	8,801	0	0	-21	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Cash From Financing Activities	0	-866	-624,507	149,915	-278,626	28,966	-266,812	-563,692	175,686	7,124	310,374	607,064	385,075	494,224	175,908	1,947,468	238,704	-99,869	97,176	-209,180	-300,062	-15,795	-729,120	-292,245	80,697	-14,274	-132,538	-176,965	68,077	55,012	-289,436	327,390	-47,946	71,335	-99,212	186,629	36,683	-84,226	36,467	111,273	128,380	90,537	181,512	98,356	-107,498	25,606	-215,935	-19,770	29,514	-71,976	8,422	-33,471	-5,262	-29,877	-379,183	33,681	23,100	-439,022	71,242	11,103	-263,848	165,079	-48,759	225,586	-85,790	133,563	-40,220	-76,156	-124,100	117,125	79,457	309,629	119,826	392,921	170,640	-48,553	203,016	147,126	-44,728	360,258	129,459	170,315	64,028	149,215	246,085	234,379	-31,016	155,680	6,122	167,223	-7,046	59,087	-64,730	66,266	95,307	77,530	2,094	86,700	61,100	9,600	800	104,800	50,000	73,800	46,200	57,600	26,500	23,400	-40,000	89,400	4,800	17,900	-18,200	74,800	36,900	-4,300	-32,500	36,300	-38,900	38,200	24,800	-19,100	7,900	14,900	14,400	25,200	-5,100	14,200	-12,100	26,800	12,500	-5,000	6,300	600	10,700	13,100	4,700
Total Cash From Operating Activities	0	48,681	84,848	91,983	70,120	70,885	74,458	53,276	75,112	58,662	65,881	23,761	46,938	47,077	40,938	21,554	75,527	60,772	64,808	28,115	54,487	51,814	48,238	27,907	40,419	32,117	41,109	9,217	57,149	25,039	39,607	27,279	31,330	20,272	35,721	21,534	28,115	21,516	33,927	3,307	28,952	39,008	19,639	44,838	8,326	39,507	30,782	49,922	34,550	78,108	39,459	6,694	5,757	33,820	4,498	22,681	41,866	-3,386	28,327	6,726	34,361	17,344	26,967	16,430	22,894	12,192	24,628	12,587	21,708	4,833	29,948	12,799	23,306	26,710	13,981	21,124	27,269	13,937	12,598	21,896	27,219	23,767	11,091	21,552	15,534	88,286	-32,366	795	4,598	-16,687	25,777	21,057	10,089	9,435	4,661	16,530	12,141	13,700	11,600	9,100	6,400	7,400	7,100	5,400	9,100	8,800	5,600	3,900	6,500	5,100	1,900	3,700	6,700	5,000	4,900	2,500	5,800	-20,400	26,400	2,700	800	4,200	1,600	2,900	1,900	2,000	2,900	2,800	1,800	1,400	2,500	1,600	1,400	2,600	2,500	1,800	3,200
Total Cashflows From Investing Activities	0	0	0	148,923	232,579	-214,929	-185,816	-445,914	-330,307	-894,601	-146,757	175,741	-864,874	-68,094	-659,176	-747,478	205,990	-212,933	99,724	184,691	253,841	-66,546	693,868	-10,411	190,745	-17,256	50,472	-29,946	135,582	-217,577	-190,194	104,927	150,105	-300,748	-74,728	-163,089	230,806	-71,578	-234,521	-131,783	169,361	-166,294	-351,977	3,796	136,019	-221,088	-43,357	170,225	-133,089	-103,731	-62,014	84,792	-5,710	550,435	445,147	275,702	162,022	562,454	238,950	337,603	235,404	0	0	0	83,512	0	161,139	162,249	73,962	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

Income Statement

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31	1993-12-31	1992-12-31	1991-12-31	1990-12-31	1989-12-31	1988-12-31	1987-12-31	1986-12-31	1985-12-31
Cost Of Revenue	620	0	0	0	0	0	0	1,576	2,971	289	0	25,272	141,025	119,172	168,995	165,439	184,135	150,464	77,436	46,517	37,053	40,439	54,556	59,560	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Depreciation And Amortization	13,052	7,566	8,240	9,352	10,798	5,254	-645	3,802	949	1,137	1,127	2,159	3,481	3,732	3,163	3,591	13,236	15,097	21,630	14,302	22,024	18,279	-6,226	9,874	11,200	1,900	1,900	-200	1,000	0	200	1,100	1,300	1,300	1,200	-	-	-	-
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Ebit	-6,600	337,502	297,648	249,520	291,074	227,025	197,091	170,262	156,993	178,608	162,104	145,338	162,010	151,525	184,461	231,813	263,198	251,094	184,400	135,887	118,541	117,285	116,164	110,745	79,700	64,300	53,000	44,400	36,200	28,800	25,400	26,900	32,600	37,400	31,500	5,800	4,000	2,900	2,300
Ebitda	6,452	345,068	305,888	258,872	301,872	232,279	196,446	174,064	157,942	179,745	163,231	147,497	165,491	155,257	187,624	235,404	276,434	266,191	206,030	150,189	140,565	135,564	109,938	120,619	90,900	66,200	54,900	44,200	37,200	28,800	25,600	28,000	33,900	38,700	32,700	5,800	4,000	2,900	2,300
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	-	-	-	-
Extraordinary Items	0	0	0	0	0	0	-13,208	0	0	0	0	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	665,660	555,502	461,935	464,243	484,353	392,526	321,048	292,626	285,982	272,619	240,697	250,707	128,528	317,335	303,658	228,136	192,467	202,454	198,557	185,392	159,282	142,902	125,263	113,130	108,600	80,600	73,500	67,700	57,200	50,400	46,600	39,900	36,500	36,100	32,800	-	-	-	-
Income Before Tax	315,434	328,347	297,648	249,520	291,074	211,115	188,795	162,286	151,366	162,797	144,275	114,693	120,804	86,739	89,249	85,748	83,063	103,630	106,964	89,370	81,488	76,846	63,358	53,985	41,200	33,100	28,000	22,900	19,600	17,600	15,500	14,700	13,200	14,600	12,700	-	-	-	-
Income Tax Expense	93,999	92,922	85,127	72,361	83,247	59,112	84,384	60,857	52,221	58,776	48,667	37,413	39,071	23,804	23,830	22,675	22,479	31,724	36,346	27,884	28,656	27,101	23,300	19,302	15,200	12,300	10,600	9,600	8,100	7,200	6,000	5,700	5,200	5,800	4,900	-5,800	-4,000	-2,900	-2,300
Interest Expense	66,805	9,155	6,080	14,284	22,078	12,815	8,296	7,976	8,571	16,389	16,507	25,272	35,039	57,972	88,495	138,839	180,135	147,464	77,436	46,517	37,053	40,439	52,806	56,760	38,500	31,200	25,000	21,500	16,600	11,200	9,900	12,200	19,400	22,800	18,800	0	0	0	0
Interest Income	588,635	513,461	419,611	429,359	456,615	359,815	285,851	262,826	261,513	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Minority Interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Net Income	221,435	235,425	212,521	177,159	207,827	152,003	104,411	101,429	99,145	104,021	95,608	77,280	81,733	62,935	65,419	63,073	60,584	71,906	70,618	61,486	52,832	49,745	40,058	34,683	26,000	20,800	17,400	13,300	11,500	10,400	9,500	9,000	8,000	8,800	7,800	5,800	4,000	2,900	2,300
Net Income Applicable To Common Shares	0	233,917	212,521	177,159	207,827	152,003	104,411	101,429	98,630	104,021	95,608	77,280	81,733	62,935	52,656	62,503	60,584	71,906	70,618	61,486	52,832	49,745	40,058	34,683	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Net Income From Continuing Ops	239,095	235,425	212,521	177,159	207,827	152,003	104,411	101,429	99,145	104,021	95,608	77,280	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	504,294	504,306	413,531	415,075	434,537	347,000	277,555	254,850	252,942	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Non Operating Income Net Other	0	0	0	0	5,685	0	0	0	0	69,661	-88,562	3,074	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Non Recurring	0	0	0	0	0	0	2,251	5,955	475	1,973	0	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	-6,600	337,502	297,648	249,520	291,074	223,930	197,091	170,262	156,993	178,608	162,104	145,338	34,216	151,525	184,461	231,813	263,198	251,094	184,400	135,887	118,541	117,285	116,164	110,745	79,700	64,300	53,000	44,400	36,200	28,800	25,400	26,900	32,600	37,400	31,500	5,800	4,000	2,900	2,300
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	-	-	-	-
Other Operating Expenses	350,214	6,296	164,287	214,723	193,279	168,596	4,839	5,027	128,989	94,011	78,593	105,369	34,216	70,323	63,308	3,677	70,731	48,640	14,157	49,505	40,741	25,617	9,099	2,385	28,900	16,300	20,500	23,300	21,000	21,600	21,200	13,000	3,900	1,300	1,300	5,800	4,000	2,900	2,300
Preferred Stock And Other Adjustments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Reconciled Depreciation	18,220	7,566	8,240	-1,157	22,036	8,349	-645	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Research Development	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Selling And Marketing Expenses	6,756	6,296	4,623	4,488	5,890	5,302	4,839	5,027	5,015	5,195	4,681	4,869	4,977	6,084	6,528	6,882	5,953	6,251	5,835	5,148	4,524	3,684	3,223	2,702	2,900	2,000	2,100	2,200	1,400	1,500	1,100	700	700	0	0	-	-	-	-
Selling General Administrative	139,191	131,596	129,455	131,061	129,301	109,256	93,450	82,630	78,878	77,118	71,015	68,496	69,993	69,419	62,985	68,184	55,303	50,509	53,075	47,292	41,493	35,970	32,625	3,239	29,100	22,700	21,700	20,000	16,500	15,200	14,400	13,500	13,600	12,900	11,300	-	-	-	-
Tax Provision	94,691	92,922	85,127	72,361	83,247	59,112	84,384	60,857	52,221	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Total Operating Expenses	69,086	6,296	-164,287	-214,723	-193,279	-168,596	4,839	5,027	-128,989	-94,011	-78,593	-105,369	-175,241	70,323	63,308	3,677	70,731	48,640	-14,157	-49,505	-40,741	-25,617	-9,099	-2,385	-28,900	-16,300	-20,500	-23,300	-21,000	-21,600	-21,200	-13,000	-3,900	1,300	-1,300	5,800	4,000	2,900	2,300
Total Other Income Expense Net	315,434	-9,155	297,648	249,520	291,074	-12,815	-8,296	-7,976	-5,627	-15,811	-17,829	-30,645	86,588	-64,786	-95,212	-146,065	-180,135	-147,464	-77,436	-46,517	-37,053	-40,439	-52,806	-56,760	-38,500	-31,200	-25,000	-21,500	-16,600	-11,200	-9,900	-12,200	-19,400	-22,800	-18,800	-	-	-	-
Total Revenue	666,280	555,502	461,935	464,243	484,353	392,526	321,048	292,626	285,982	272,619	240,697	250,707	269,553	317,335	303,658	228,136	192,467	202,454	198,557	185,392	159,282	142,902	125,263	113,130	108,600	80,600	73,500	67,700	57,200	50,400	46,600	39,900	36,500	36,100	32,800	-	-	-	-

	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31	1999-09-30	1999-06-30	1999-03-31	1998-12-31	1998-09-30	1998-06-30	1998-03-31	1997-12-31	1997-09-30	1997-06-30	1997-03-31	1996-12-31	1996-09-30	1996-06-30	1996-03-31	1995-12-31	1995-09-30	1995-06-30	1995-03-31	1994-12-31	1994-09-30	1994-06-30	1994-03-31	1993-12-31	1993-09-30	1993-06-30	1993-03-31	1992-12-31	1992-09-30	1992-06-30	1992-03-31	1991-12-31	1991-09-30	1991-06-30	1991-03-31	1990-12-31	1990-09-30	1990-06-30	1990-03-31	1989-06-30
Cost Of Revenue	0	0	0	0	0	0	0	0	0	-825	276	0	0	0	0	0	0	0	0	0	0	7,704	4,318	1,117	1,176	544	631	1,106	0	-10	10	2,059	1,984	729	0	-3,171	3,171	4,155	3,057	0	0	-351	351	-4,224	4,224	1,458	6,101	7,219	7,463	8,299	25,459	27,329	25,591	23,542	26,253	25,142	25,932	47,532	21,594	21,455	21,962	48,668	22,354	22,474	21,604	48,099	20,243	19,330	19,315	44,984	16,764	18,087	17,767	24,051	18,001	18,408	17,913	13,540	17,054	16,373	10,387	8,916	15,139	14,409	9,106	9,342	10,960	10,142	9,995	11,019	12,529	14,319	16,689	16,157	15,897	14,492	13,014	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Depreciation And Amortization	1,438	1,446	1,567	1,719	1,720	1,724	1,846	1,998	1,998	1,892	2,014	2,167	2,167	2,170	2,292	2,445	2,445	2,460	2,648	2,833	2,857	2,859	1,736	97	257	-212	-31	-960	558	674	1,443	1,548	137	222	220	239	268	356	466	193	122	125	127	437	438	442	449	452	2,158	2,335	862	866	901	2,581	934	939	950	2,479	734	734	2,635	2,527	1,877	3,306	3,107	3,685	5,265	1,270	3,016	3,094	3,252	3,339	5,412	8,380	2,160	6,132	4,958	-2,274	5,170	6,005	5,401	5,069	5,959	6,470	4,526	7,123	19,791	-3,429	-5,206	338	330	-4,581	-2,313	2,315	1,406	2,710	3,443	4,100	4,200	1,400	1,500	-400	1,500	-600	1,400	2,200	-1,800	800	700	-500	0	0	300	500	0	0	0	0	0	0	-100	100	-900	700	300	200	300	300	300	300	400	300	300	400	300	300	300	-
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-2,876	0	80,622	77,674	99,607	97,664	91,751	83,461	64,945	66,761	66,612	69,840	85,849	67,793	66,387	58,276	60,839	78,369	82,935	81,792	81,294	70,719	54,698	51,246	50,667	52,344	50,702	47,492	46,553	45,244	43,348	42,851	38,819	41,473	45,210	43,130	27,180	43,633	40,987	44,853	49,135	43,010	41,366	42,575	35,153	38,197	19,810	44,880	41,109	39,519	44,642	41,590	34,776	22,674	40,399	44,923	41,857	45,141	49,841	44,138	41,922	46,210	58,823	58,293	61,260	62,013	68,525	66,308	66,242	67,123	67,996	59,833	56,141	49,816	48,255	43,951	42,378	35,414	37,788	37,458	25,227	30,559	29,201	29,286	29,495	28,821	30,977	27,866	29,620	27,764	28,987	29,646	29,768	29,527	29,287	27,137	24,793	26,400	18,700	17,600	17,000	17,300	16,700	15,800	14,600	15,500	13,600	12,700	11,300	11,900	6,300	5,600	9,700	10,400	5,100	4,500	4,300	4,800	5,000	4,000	6,100	6,400	6,500	6,400	6,100	6,300	6,800	6,800	7,100	7,500	8,200	8,200	8,700	9,500	9,800	9,300	8,800	3,100
Ebitda	-1,438	1,446	82,189	79,393	101,327	99,388	93,597	85,459	66,943	68,653	68,626	72,007	88,016	69,963	68,679	60,721	63,284	80,829	85,583	84,625	84,151	73,578	56,434	51,343	50,924	52,132	50,671	46,532	47,111	45,918	44,791	44,399	38,956	41,695	45,430	43,369	27,448	43,989	41,453	45,046	49,257	43,135	41,493	43,012	35,591	38,639	20,259	45,332	43,267	41,854	45,504	42,456	35,677	25,255	41,333	45,862	42,807	47,620	50,575	44,872	44,557	48,737	60,700	61,599	64,367	65,698	73,790	67,578	69,258	70,217	71,248	63,172	61,553	58,196	50,415	50,083	47,336	33,140	42,958	43,463	30,628	35,628	35,160	35,756	34,021	35,944	50,768	24,437	24,414	28,102	29,317	25,065	27,455	31,842	30,693	29,847	28,236	30,500	22,900	19,000	18,500	16,900	18,200	15,200	16,000	17,700	11,800	13,500	12,000	11,400	11,800	11,000	10,000	10,900	9,200	8,600	7,900	7,800	8,200	6,600	6,000	6,500	5,600	7,100	6,400	6,500	7,100	7,100	7,400	7,800	8,600	8,500	9,000	9,900	10,100	9,600	9,100	7,800
Effect Of Accounting Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Extraordinary Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	171,802	177,241	137,680	132,191	138,930	149,860	144,928	136,610	368	114,780	113,506	116,224	117,149	118,778	114,798	116,721	113,946	119,429	120,053	123,577	121,294	123,774	102,932	82,383	83,437	83,857	81,777	81,259	74,155	73,853	72,344	75,230	71,199	71,892	74,302	70,852	68,936	70,963	69,145	64,096	68,415	60,527	58,909	60,257	61,004	59,227	62,370	65,252	66,802	66,037	42,462	41,179	41,496	66,429	73,208	54,490	45,881	88,065	48,546	52,349	49,687	61,296	35,031	34,711	30,666	49,355	29,328	26,377	28,409	48,804	34,079	33,165	33,787	50,131	32,880	31,122	30,103	47,336	30,441	31,544	42,645	42,553	26,435	22,618	38,128	36,823	37,211	33,747	35,122	32,446	31,735	31,419	29,664	29,091	28,151	27,963	27,924	41,500	23,000	22,600	21,600	21,000	20,200	19,700	19,800	19,300	18,800	18,100	17,400	17,500	17,100	16,900	16,200	15,100	14,100	13,800	14,200	14,000	13,800	11,700	10,900	11,400	12,400	12,300	10,500	10,400	9,900	9,700	9,800	9,300	9,300	9,100	8,800	9,100	9,000	8,900	8,900	8,100
Income Before Tax	66,803	74,589	80,622	77,674	82,549	92,941	89,901	82,139	63,366	66,800	69,683	71,679	89,486	70,502	66,890	58,823	53,305	70,587	71,018	76,734	72,735	59,943	53,552	49,129	48,491	50,300	48,571	45,386	44,538	43,321	41,338	40,792	36,835	41,160	44,088	41,570	24,548	39,763	37,766	40,485	44,783	38,531	36,966	38,242	30,536	32,394	12,350	36,303	33,646	31,220	34,636	31,234	23,714	11,832	24,716	27,185	23,006	23,109	27,063	20,825	18,252	15,442	24,328	23,807	22,171	17,914	22,353	20,862	21,824	22,739	26,963	26,093	27,834	25,765	27,766	26,115	27,319	21,874	25,743	26,913	14,840	21,643	20,287	19,169	20,389	19,479	20,017	17,724	19,625	16,763	16,701	16,072	13,823	13,870	14,090	13,345	12,679	12,800	10,100	9,600	8,800	9,100	8,400	8,100	7,600	8,800	7,200	6,400	5,700	6,200	6,300	5,600	4,800	5,600	5,100	4,500	4,300	4,800	5,000	4,000	3,700	4,000	4,200	3,900	3,400	3,800	3,900	3,500	3,500	3,100	3,400	3,300	3,300	3,600	3,900	3,600	3,500	3,100
Income Tax Expense	18,204	26,081	22,735	21,904	23,279	26,773	25,262	23,081	17,806	19,104	19,930	20,500	25,593	20,446	19,398	17,192	15,325	19,306	20,595	22,253	21,093	16,784	14,994	13,756	13,578	32,449	18,888	17,013	16,034	16,245	15,890	15,278	13,444	12,547	16,202	14,757	8,715	14,182	13,471	15,001	16,122	13,243	12,727	13,776	8,921	10,258	3,093	12,684	11,378	9,508	12,253	10,196	7,114	1,958	6,789	8,170	6,887	6,041	7,741	4,964	5,084	3,165	6,868	6,655	5,987	4,547	6,232	5,008	6,646	6,445	8,508	7,176	9,594	8,593	9,499	8,637	9,618	4,986	8,668	9,462	4,768	7,537	6,785	6,649	7,685	6,887	6,821	6,085	7,308	5,949	5,910	6,428	5,014	4,628	4,952	4,898	4,823	4,700	3,700	3,500	3,300	3,400	3,100	3,000	2,800	3,300	2,400	2,600	2,300	2,600	2,600	2,300	2,000	2,300	2,100	1,900	1,800	2,000	2,100	1,600	1,500	1,500	1,700	1,600	1,200	1,300	1,600	1,400	1,400	1,200	1,400	1,300	1,300	1,400	1,600	1,400	1,400	1,200
Interest Expense	23,862	19,834	32,856	29,704	17,058	4,723	1,850	1,322	1,260	1,136	1,248	1,640	2,056	2,791	3,301	3,389	4,803	5,199	5,404	5,728	5,747	4,704	3,818	2,117	2,176	2,044	2,131	2,106	2,015	1,923	2,010	2,059	1,984	1,829	1,814	1,757	3,171	4,155	4,057	4,057	4,120	4,184	4,101	3,998	4,224	4,489	6,101	7,219	7,463	8,299	8,550	8,787	9,403	10,842	13,858	16,059	17,213	22,032	21,113	21,680	23,670	30,768	34,495	34,486	39,089	44,099	46,172	45,446	44,418	44,384	41,033	33,740	28,307	24,051	20,489	17,836	15,059	13,540	12,045	10,545	10,387	8,916	8,914	10,117	9,106	9,342	10,960	10,142	9,995	11,001	12,286	13,574	15,945	15,657	15,197	13,792	12,114	13,600	8,600	8,000	8,200	8,200	8,300	7,700	7,000	6,700	6,400	6,300	5,600	5,700	5,500	5,400	4,900	4,800	4,100	4,100	3,600	3,000	3,200	2,600	2,400	2,400	2,300	2,500	2,700	2,500	2,900	3,300	3,600	4,400	4,800	4,900	5,400	5,900	5,900	5,700	5,300	4,700
Interest Income	0	157,647	155,629	148,756	142,437	141,813	134,930	122,989	113,729	103,270	104,289	106,745	105,307	108,427	106,411	107,744	106,777	111,915	113,262	116,487	114,951	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Minority Interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Net Income	48,599	48,508	57,887	55,770	59,270	66,168	64,205	58,660	45,307	47,499	49,526	50,940	63,584	49,891	47,317	41,473	37,897	51,183	50,307	54,347	51,501	43,028	38,462	35,279	34,805	17,794	29,576	28,268	28,392	26,960	25,350	25,415	23,287	28,469	27,737	26,670	15,752	25,446	24,161	25,339	28,534	25,208	24,165	24,391	21,546	22,068	9,227	23,537	22,124	21,712	22,221	20,956	16,534	9,838	17,869	18,951	16,065	17,005	19,322	13,861	11,176	12,277	17,460	17,152	16,184	13,367	16,121	15,954	15,142	16,294	18,066	18,917	18,240	17,172	18,267	17,478	17,701	16,888	17,075	17,451	10,072	14,106	13,502	12,520	12,704	12,592	13,196	11,639	12,317	10,814	10,791	9,644	8,809	9,242	9,138	8,447	7,856	8,100	7,203	7,025	6,300	5,700	5,300	5,100	4,800	5,500	4,800	3,800	3,400	3,600	3,700	3,300	2,800	3,300	3,000	2,600	2,500	2,800	2,900	2,400	2,200	2,500	2,500	2,300	2,200	2,500	2,300	2,100	2,100	1,900	2,000	2,000	2,000	2,200	2,300	2,200	2,100	1,900
Net Income Applicable To Common Shares	0	0	0	55,380	59,270	65,740	64,639	59,058	45,560	47,696	49,753	51,179	63,584	50,056	47,492	41,631	37,980	51,281	50,423	54,481	51,642	43,159	38,558	35,373	34,913	17,851	29,683	28,373	28,504	27,076	25,448	25,514	23,391	28,613	27,886	26,813	15,833	25,581	24,295	25,484	28,661	25,288	24,239	24,466	21,615	22,136	9,257	23,619	22,268	21,712	22,302	20,956	16,534	9,874	17,927	19,015	16,119	17,068	10,520	13,878	11,190	11,707	17,460	17,152	16,184	13,367	16,121	15,918	15,178	15,899	18,066	18,375	18,240	17,172	18,267	17,478	17,701	16,888	17,075	17,451	10,072	14,106	13,502	12,520	12,704	12,592	13,196	11,639	12,318	10,814	10,791	9,644	8,809	9,242	9,138	8,447	7,856	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Net Income From Continuing Ops	0	48,508	57,887	55,770	59,270	66,168	64,639	59,058	45,560	47,696	49,753	51,179	63,893	50,056	47,492	41,631	37,980	51,281	50,423	54,481	51,642	43,159	38,558	35,373	34,913	17,851	29,683	28,373	28,504	27,076	25,448	25,514	23,391	28,613	27,886	26,813	15,833	25,581	24,295	25,484	28,661	25,288	24,239	24,466	21,615	22,136	9,257	23,619	22,268	0	22,383	21,038	16,600	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	118,925	122,773	119,052	125,379	137,090	133,080	121,667	112,469	102,134	103,041	105,105	103,251	105,636	103,110	104,355	101,974	106,716	107,858	110,759	109,204	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Non Operating Income Net Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	5,685	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-32,968	20,270	22,389	-10,291	32,782	24,781	-23,433	421	-53,854	-11,696	-719	0	3,720	73	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Non Recurring	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-803	803	1,491	2,890	-2,806	676	-1,113	10,958	-4,739	849	475	0	0	0	1,973	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	68,241	75,906	80,622	77,674	99,607	97,664	91,751	83,461	64,945	67,936	66,612	69,840	85,849	67,793	66,387	58,276	60,839	78,369	82,935	81,792	81,294	70,719	54,698	51,246	50,667	52,344	50,702	47,492	46,553	45,244	43,348	42,851	38,819	41,473	45,210	43,130	27,180	43,633	40,987	44,853	49,135	43,010	41,366	42,575	35,153	38,197	19,810	44,880	41,109	34,216	7,514	5,994	34,776	22,674	36,719	15,418	41,857	45,141	15,102	19,709	16,357	46,210	8,373	8,702	8,140	62,013	7,863	7,596	7,898	67,123	8,871	8,091	7,729	49,816	7,861	7,293	7,079	35,414	7,519	12,010	25,227	30,559	10,140	6,480	29,495	28,821	30,977	27,866	29,620	27,764	28,987	29,646	29,768	29,527	29,287	27,137	24,793	26,400	18,700	17,600	17,000	17,300	16,700	15,800	14,600	15,500	13,600	12,700	11,300	11,900	11,800	11,000	9,700	10,400	9,200	8,600	7,900	7,800	8,200	6,600	6,100	6,400	6,500	6,400	6,100	6,300	6,800	6,800	7,100	7,500	8,200	8,200	8,700	9,500	9,800	9,300	8,800	7,800
Other Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Other Operating Expenses	104,999	102,652	57,058	54,517	1,715	4,808	1,488	1,638	64,577	3,798	1,133	1,799	725	4,488	728	1,255	1,555	5,890	1,517	1,238	1,394	5,302	1,134	1,148	1,356	4,839	1,055	1,190	1,239	5,027	1,199	32,379	32,380	66,087	29,092	27,722	41,756	64,752	28,158	19,243	19,280	59,672	17,543	17,682	25,851	76,478	42,560	20,372	25,693	53,459	7,844	10,079	25,591	32,728	18,934	5,382	44,690	29,619	9,925	6,240	13,075	15,086	20,805	20,839	19,925	41,449	20,221	21,426	22,426	18,319	22,364	19,879	19,253	315	16,122	16,401	15,712	11,922	14,440	7,305	17,418	11,994	5,578	10,343	8,633	8,002	6,234	5,881	5,502	4,682	2,748	1,773	104	436	1,136	826	3,131	15,100	4,300	5,000	4,600	3,700	3,500	3,900	5,200	3,800	5,200	5,400	6,100	5,600	5,300	5,900	6,500	4,700	4,900	5,200	6,300	6,200	5,600	5,100	4,800	5,000	5,900	5,900	4,400	4,100	3,100	2,900	2,700	1,800	1,100	900	100	400	800	400	100	300
Preferred Stock And Other Adjustments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	81	82	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Reconciled Depreciation	0	4,184	1,567	1,719	1,720	1,724	1,846	1,998	1,998	1,892	2,014	2,167	2,167	-3,330	-1,512	-1,491	5,176	5,043	9,161	2,163	5,669	8,931	-936	97	257	-212	-31	-960	558	674	1,443	1,548	137	-1,294	-472	42	-271	71	-370	504	354	420	426	772	831	1,756	1,808	1,810	2,158	2,335	2,318	2,435	2,560	2,581	2,759	2,618	2,588	2,479	2,399	2,367	2,635	2,527	1,877	3,306	3,107	3,685	5,265	1,270	3,016	3,094	3,252	3,339	5,412	8,380	2,160	6,132	4,958	-2,274	5,170	6,005	5,401	5,069	5,959	6,470	4,526	7,123	19,791	-3,429	-5,206	338	330	-4,581	-2,313	2,315	1,406	2,710	3,443	4,100	4,200	1,400	1,500	-400	1,500	-600	1,400	2,200	-1,800	800	700	-500	0	0	300	500	0	0	0	0	0	0	-100	100	-900	700	300	200	300	300	300	300	400	300	300	400	300	300	300	-
Research Development	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Selling And Marketing Expenses	1,630	2,092	1,628	1,321	1,715	1,712	1,488	1,638	1,458	1,242	857	1,799	725	950	728	1,255	1,555	1,741	1,517	1,238	1,394	1,664	1,134	1,148	1,356	1,355	1,055	1,190	1,239	1,209	1,199	1,192	1,427	1,190	1,297	1,201	1,327	1,239	1,349	1,341	1,266	1,178	1,105	1,140	1,258	1,128	1,176	1,314	1,251	4,977	1,271	1,205	1,326	6,084	0	0	0	6,528	0	0	0	6,882	0	0	0	5,953	0	0	0	6,251	0	0	1,507	1,349	1,118	1,573	1,796	1,324	1,064	1,240	1,520	4,524	1,040	1,036	1,130	1,140	721	869	954	3,223	0	0	0	0	0	0	0	2,900	0	0	0	2,000	0	0	0	2,100	0	0	0	2,200	0	0	0	1,400	0	0	0	1,500	0	0	0	1,100	0	0	0	700	0	0	0	700	0	0	0	0	0	0	0	-
Selling General Administrative	5,780	33,267	34,744	33,548	35,247	34,154	36,476	34,656	36,451	32,651	32,761	31,493	32,550	32,037	33,871	31,460	33,693	33,601	32,572	31,404	31,724	33,736	28,636	22,810	24,074	23,636	23,345	23,333	23,136	19,626	20,464	21,558	21,253	19,540	20,395	19,648	19,295	19,948	19,366	18,614	19,417	18,238	18,389	17,088	17,300	17,640	17,489	16,646	17,630	20,203	17,579	18,220	17,660	26,552	17,311	17,479	18,073	23,000	15,618	15,376	15,819	21,197	15,943	15,501	15,543	13,854	13,794	13,583	14,072	13,478	11,541	12,771	12,720	13,651	13,136	13,142	13,146	11,969	11,970	11,610	11,742	11,100	10,498	9,907	9,988	9,204	9,617	8,637	8,513	8,482	8,318	7,893	7,933	19,126	7,512	7,339	7,514	11,000	6,000	6,100	6,000	5,900	5,600	5,500	5,600	5,300	5,300	5,600	5,500	5,300	5,200	5,300	4,200	4,100	4,100	4,000	4,300	3,600	4,200	3,800	3,600	3,800	3,700	3,500	3,400	3,200	3,400	3,500	3,500	3,400	3,500	3,300	3,400	3,300	3,200	3,100	3,200	2,800
Tax Provision	0	26,081	22,735	21,904	23,279	26,773	25,262	23,081	17,806	19,104	19,930	20,500	25,593	20,446	19,398	17,192	15,325	19,306	20,595	22,253	21,093	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Total Operating Expenses	17,805	25,254	-57,058	-54,517	1,715	4,808	1,488	1,638	64,577	4,623	857	1,799	725	4,488	728	1,255	1,555	5,890	1,517	1,238	1,394	5,302	1,134	1,148	1,356	4,839	1,055	1,190	1,239	5,027	1,199	-32,379	-32,380	-66,087	-29,092	-27,722	-41,756	-64,752	-28,158	-19,243	-19,280	-59,672	-17,543	-17,682	-25,851	-77,936	-42,560	-20,372	-25,693	-53,459	-17,615	-17,250	-6,720	32,728	-45,187	-19,760	18,758	29,619	-11,669	-15,215	-8,887	-15,086	-1,549	-1,635	-1,679	-41,449	-22	2,096	3,111	18,319	5,600	1,792	1,486	-315	-1,879	-2,007	-2,201	-11,922	-2,614	-9,068	-17,418	-11,994	-9,561	-4,066	-8,633	-8,002	-6,234	-5,881	-5,502	-4,682	-2,748	-1,773	104	436	1,136	-826	-3,131	-15,100	-4,300	-5,000	-4,600	-3,700	-3,500	-3,900	-5,200	-3,800	-5,200	-5,400	-6,100	-5,600	-5,300	-5,900	-6,500	-4,700	-4,900	-5,200	-6,300	-6,200	-5,600	-5,100	-4,800	-5,000	-5,900	-5,900	-4,400	-4,100	-3,100	-2,900	-2,700	-1,800	-1,100	-900	-100	400	800	400	-100	-300
Total Other Income Expense Net	66,803	74,589	80,622	77,674	-17,058	-4,723	-1,850	-1,322	-1,579	-1,136	3,071	1,839	3,637	2,709	503	547	-7,534	-7,782	-11,917	-5,058	-8,559	-10,776	-1,146	-2,117	-2,176	-2,044	-2,131	-2,106	-2,015	-1,923	-2,010	-2,059	-1,984	-313	-1,122	-1,560	-2,632	-3,870	-3,221	-4,368	-4,352	-4,479	-4,400	-4,333	-4,617	-5,803	-7,460	-8,577	-7,463	-2,996	27,122	25,240	-11,062	-10,842	-12,003	11,767	-18,851	-22,032	11,961	1,116	1,895	-30,768	15,955	15,105	14,031	-44,099	14,490	13,266	13,926	-44,384	18,092	18,002	20,105	-24,051	19,905	18,822	20,240	-13,540	18,224	14,903	-10,387	-8,916	10,147	12,689	-9,106	-9,342	-10,960	-10,142	-9,995	-11,001	-12,286	-13,574	-15,945	-15,657	-15,197	-13,792	-12,114	-13,600	-8,600	-8,000	-8,200	-8,200	-8,300	-7,700	-7,000	-6,700	-6,400	-6,300	-5,600	-5,700	-5,500	-5,400	-4,900	-4,800	-4,100	-4,100	-3,600	-3,000	-3,200	-2,600	-2,400	-2,400	-2,300	-2,500	-2,700	-2,500	-2,900	-3,300	-3,600	-4,400	-4,800	-4,900	-5,400	-5,900	-5,900	-5,700	-5,300	-4,700
Total Revenue	171,802	177,241	137,680	132,191	138,930	149,860	144,928	136,610	368	114,780	113,782	116,224	117,149	118,778	114,798	116,721	113,946	119,429	120,053	123,577	121,294	123,774	102,932	82,383	83,437	83,857	81,777	81,259	74,155	73,853	72,344	75,230	71,199	71,892	74,302	70,852	68,936	70,963	69,145	64,096	68,415	60,527	58,909	60,257	61,004	60,685	62,370	65,252	66,802	66,037	67,921	68,508	67,087	66,429	99,461	79,632	71,813	88,065	70,140	73,804	71,649	61,296	57,385	57,185	52,270	49,355	49,571	45,707	47,724	48,804	50,843	51,252	51,554	50,131	50,881	49,530	48,016	47,336	47,495	47,917	42,645	42,553	41,574	37,027	38,128	36,823	37,211	33,747	35,122	32,446	31,735	31,419	29,664	29,091	28,151	27,963	27,924	41,500	23,000	22,600	21,600	21,000	20,200	19,700	19,800	19,300	18,800	18,100	17,400	17,500	17,100	16,900	16,200	15,100	14,100	13,800	14,200	14,000	13,800	11,700	10,900	11,400	12,400	12,300	10,500	10,400	9,900	9,700	9,800	9,300	9,300	9,100	8,800	9,100	9,000	8,900	8,900	8,100

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

Gross Profit (+$)
totalRevenue	666,280
Cost of Revenue	-620
Gross Profit	665,660	665,660

Operating Income (+$)
Gross Profit	665,660
Operating Expense	-69,086
Operating Income	-6,600	596,574

Operating Expense (+$)
Research Development	0
Selling General Administrative	139,191
Selling And Marketing Expenses	6,756
Operating Expense	69,086	145,947

Net Interest Income (+$)
Interest Income	588,635
Interest Expense	-66,805
Other Finance Cost	-17,536
Net Interest Income	504,294

Pretax Income (+$)
Operating Income	-6,600
Net Interest Income	504,294
Other Non-Operating Income Expenses	0
Income Before Tax (EBT)	315,434	-322,034 EBIT - interestExpense = -73,405 315,434 288,240
Interest Expense	66,805
Earnings Before Interest and Taxes (EBIT)	-6,600	382,239
Earnings Before Interest and Taxes (EBITDA)	6,452

After tax Income (+$)
Income Before Tax	315,434
Tax Provision	-94,691
Net Income From Continuing Ops	239,095	220,743
Net Income	221,435
Net Income Applicable To Common Shares	0

Non-recurring Events
Discontinued Operations	0
Extraordinary Items	0
Effect of Accounting Charges	0
Other Items	0
Non Recurring	0
Other Operating Expenses	350,214
Total Other Income/Expenses Net	315,434	-504,294

Technical Analysis of CVB Financial Corporation
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 CVB Financial Corporation. The general trend of CVB Financial Corporation is BEARISH with 14.3% 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 CVB Financial Corporation'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 (-14.3%)		Bearish trend (14.3%)
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 CVB Financial Corporation.

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

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

The bullish price targets are: 17.35 < 17.71 < 18.03.

The bearish price targets are: 17.18 > 16.18 > 15.71.

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CVB Financial Corporation 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 CVB Financial Corporation. The current mas is .

The long score for the Moving Averages is 6/14.
The longshort score for the Moving Averages is -2/(-14 +14).

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

Directionalities and relatives.

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

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

Shows the moving average of the selected period.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

There are various kinds of moving averages:

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

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

Simple moving average

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

Source: Tradingview.com

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

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

Exponential moving average

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

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

Where:

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

Smoothed moving average

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

Linear weighted moving average

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

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

Where:

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

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

Source: Tradingview.com

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

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

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

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

CVB Financial Corporation 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 CVB Financial Corporation. The current macd is 0.12121752.

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

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

CVB Financial Corporation 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 CVB Financial Corporation. The current adx is 13.17.

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

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

CVB Financial Corporation 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 CVB Financial Corporation. The current sar is 16.30.

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

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

CVB Financial Corporation 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 CVB Financial Corporation. The current rsi is 54.82. The current phase is Correction in bear market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
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.

CVB Financial Corporation 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 CVB Financial Corporation. The current phase is Correction in bear market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

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

CVB Financial Corporation 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 CVB Financial Corporation. The current cci is 89.08.

CVB Financial Corporation 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 CVB Financial Corporation. The current cmo is 14.68.

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

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

CVB Financial Corporation 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 CVB Financial Corporation. The current willr is -26.61290323.

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

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

CVB Financial Corporation 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 CVB Financial Corporation.

CVB Financial Corporation 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 CVB Financial Corporation. The current atr is 0.44216501.

CVB Financial Corporation 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 CVB Financial Corporation. The current obv is -29,880,788.

CVB Financial Corporation 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 CVB Financial Corporation. The current mfi is 63.12.

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

MFI > 50: +1

CVB Financial Corporation Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

Type	Notification	Date
Currently no notifications for CVB Financial Corporation.

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

6.3. Candlestick Patterns

CVB Financial Corporation Daily Candlestick Chart

Date	Candlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	54.817
Ma 20	Greater than	Ma 50	16.676
Ma 50	Greater than	Ma 100	16.839
Ma 100	Greater than	Ma 200	17.516
Open	Greater than	Close	17.350
Total			3/5 (60.0%)

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Quick analysis of CVB Financial Corporation (30 sec.)

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

How much money do you get?

What is your share worth?

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1. Valuation of CVB Financial Corporation (5 min.)

$17.09

$14.94

2. Growth of CVB Financial Corporation (5 min.)

Is CVB Financial Corporation growing?

How much money is CVB Financial Corporation making?

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

3. Financial Health of CVB Financial Corporation (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 CVB Financial Corporation? (5 min.)

What can you expect buying and holding a share of CVB Financial Corporation?

Speculation

Investing

How much money are you going to get?

When do you get the money?

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Linear %

Fundamentals of CVB Financial Corporation

About CVB Financial Corporation

Financial Health

Valuation

1.1. Profitability of CVB Financial Corporation.

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 CVB Financial Corporation.

1.2. Operating Efficiency

1.2.1. Operating Margin

Trends

1.2.2. Operating Ratio

Trends

1.3. Liquidity of CVB Financial Corporation.

1.3. Liquidity

1.3.1. Current Ratio

Trends

Compared to industry (Banks - Regional)

1.3.2. Quick Ratio

Trends

1.4. Solvency of CVB Financial Corporation.

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 CVB Financial Corporation

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

CVB Financial Corporation
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