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Dassault Systemes SA
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PenkeI guess you are interested in Dassault Systemes SA. 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 Dassault Systemes SA. 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 Dassault Systemes SA (30 sec.)










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

How much money do you get?

How much money do you get?
$0.24
When do you have the money?
1 year
How often do you get paid?
82.5%

What is your share worth?

Current worth
$6.72
Expected worth in 1 year
$7.33
How sure are you?
85.0%

+ What do you gain per year?

Total Gains per Share
$0.85
Return On Investment
2.0%

For what price can you sell your share?

Current Price per Share
$41.94
Expected price per share
$38.00 - $46.64
How sure are you?
50%

1. Valuation of Dassault Systemes SA (5 min.)




Live pricePrice per Share (EOD)

$41.94

Intrinsic Value Per Share

$6.04 - $16.08

Total Value Per Share

$12.76 - $22.81

2. Growth of Dassault Systemes SA (5 min.)




Is Dassault Systemes SA growing?

Current yearPrevious yearGrowGrow %
How rich?$8.9b$8b$466.3m5.5%

How much money is Dassault Systemes SA making?

Current yearPrevious yearGrowGrow %
Making money$293.3m$250.2m$43m14.7%
Net Profit Margin17.9%15.8%--

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

3. Financial Health of Dassault Systemes SA (5 min.)




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

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

What can you expect buying and holding a share of Dassault Systemes SA?

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

Speculation

The Price per Share of Dassault Systemes SA is $41.94. 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 Dassault Systemes SA.
  • 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 Dassault Systemes SA, 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 $6.72. Based on the TTM, the Book Value Change Per Share is $0.15 per quarter. Based on the YOY, the Book Value Change Per Share is $0.17 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 $0.06 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Dassault Systemes SA.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps0.230.6%0.220.5%0.190.4%0.160.4%0.140.3%
Usd Book Value Change Per Share0.350.8%0.150.4%0.170.4%0.130.3%0.110.3%
Usd Dividend Per Share0.000.0%0.060.1%0.050.1%0.090.2%0.070.2%
Usd Total Gains Per Share0.350.8%0.210.5%0.210.5%0.220.5%0.190.4%
Usd Price Per Share44.28-43.73-37.05-106.06-101.57-
Price to Earnings Ratio47.54-48.96-56.40-217.03-220.48-
Price-to-Total Gains Ratio125.55-1,787.08-85.42--15.89--36.98-
Price to Book Ratio6.59-6.85-6.14-22.99-27.25-
Price-to-Total Gains Ratio125.55-1,787.08-85.42--15.89--36.98-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share41.94
Number of shares23
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.060.09
Usd Book Value Change Per Share0.150.13
Usd Total Gains Per Share0.210.22
Gains per Quarter (23 shares)4.885.06
Gains per Year (23 shares)19.5120.25
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
16141081210
2112830162530
3174250243750
4225670324970
5287090406290
634841104874110
739981305686130
8451111506498150
95012517072111170
105613919079123190

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%40.00.00.0100.0%105.00.00.0100.0%
Book Value Change Per Share4.00.00.0100.0%10.02.00.083.3%13.07.00.065.0%29.011.00.072.5%78.027.00.074.3%
Dividend per Share3.00.01.075.0%8.00.04.066.7%14.00.06.070.0%33.00.07.082.5%62.00.043.059.0%
Total Gains per Share4.00.00.0100.0%11.01.00.091.7%16.04.00.080.0%34.06.00.085.0%85.020.00.081.0%

Fundamentals of Dassault Systemes SA

About Dassault Systemes SA

Dassault Systèmes SE provides software solutions and services worldwide. It offers SOLIDWORKS provides easy-to-use 2D and 3D product development solutions accessible to any business; CATIA, an engineering and design software for product 3D computer-aided design; GEOVIA for intersection of natural resources, infrastructure, and urban planning; and BIOVIA that develops chemicals, biologics, and materials experiences. The company provides SIMULIA that delivers realistic simulation applications; DELMIA, which enables global industrial operations; 3DVIA that provides 3D space planning solutions; and ENOVIA that enables to plan and track the definition of success for customer. In addition, it offers Centric PLM, a product lifecycle management software solution; 3DEXCITE, a real-time 3D visualization software; NETVIBES, which enables organizations to gather, align, and enrich big data; 3DEXPERIENCE platform that provides organizations a holistic and real-time view of their business activities and ecosystem, as well as connecting people, ideas, data, and solutions together in a single environment; and MEDIDATA, a clinical research study software that provides evidences and insights to pharmaceutical, biotech, medical device, and diagnostic companies, as well as academic researchers. The company distributes its products through direct and indirect sales channels. It primarily serves companies in the transportation and mobility; industrial equipment; aerospace and defense; high-tech; life sciences and healthcare; infrastructure, energy, and materials; home and lifestyle; architecture, engineering, and construction; cities, and public services; consumer packaged goods and retail; marine and offshore; and business services. Dassault Systèmes SE was incorporated in 1981 and is headquartered in Vélizy-Villacoublay, France.

Fundamental data was last updated by Penke on 2024-05-16 00:35:05.

Financial Health

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

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is overpriced.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is overpriced.

1.1. Profitability of Dassault Systemes SA.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Dassault Systemes SA earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Dassault Systemes SA to the Software - Application industry mean.
  • A Net Profit Margin of 19.1% means that $0.19 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Dassault Systemes SA:

  • The MRQ is 19.1%. The company is making a huge profit. +2
  • The TTM is 17.9%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ19.1%TTM17.9%+1.2%
TTM17.9%YOY15.8%+2.1%
TTM17.9%5Y15.3%+2.6%
5Y15.3%10Y15.2%+0.1%
1.1.2. Return on Assets

Shows how efficient Dassault Systemes SA is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Dassault Systemes SA to the Software - Application industry mean.
  • 1.9% Return on Assets means that Dassault Systemes SA generated $0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Dassault Systemes SA:

  • The MRQ is 1.9%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.9%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.9%TTM1.9%+0.0%
TTM1.9%YOY1.6%+0.3%
TTM1.9%5Y1.4%+0.4%
5Y1.4%10Y1.6%-0.2%
1.1.3. Return on Equity

Shows how efficient Dassault Systemes SA is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Dassault Systemes SA to the Software - Application industry mean.
  • 3.5% Return on Equity means Dassault Systemes SA generated $0.03 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Dassault Systemes SA:

  • The MRQ is 3.5%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 3.4%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ3.5%TTM3.4%+0.0%
TTM3.4%YOY3.1%+0.3%
TTM3.4%5Y3.1%+0.4%
5Y3.1%10Y3.1%0.0%

1.2. Operating Efficiency of Dassault Systemes SA.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Dassault Systemes SA is operating .

  • Measures how much profit Dassault Systemes SA 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 Dassault Systemes SA to the Software - Application industry mean.
  • An Operating Margin of 21.7% means the company generated $0.22  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Dassault Systemes SA:

  • The MRQ is 21.7%. The company is operating efficient. +1
  • The TTM is 22.5%. The company is operating efficient. +1
Trends
Current periodCompared to+/- 
MRQ21.7%TTM22.5%-0.8%
TTM22.5%YOY21.9%+0.7%
TTM22.5%5Y20.6%+2.0%
5Y20.6%10Y21.5%-0.9%
1.2.2. Operating Ratio

Measures how efficient Dassault Systemes SA is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Software - Application industry mean).
  • An Operation Ratio of 0.78 means that the operating costs are $0.78 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Dassault Systemes SA:

  • The MRQ is 0.783. The company is efficient in keeping operating costs low. +1
  • The TTM is 0.782. The company is efficient in keeping operating costs low. +1
Trends
Current periodCompared to+/- 
MRQ0.783TTM0.782+0.000
TTM0.782YOY0.779+0.003
TTM0.7825Y0.794-0.011
5Y0.79410Y0.784+0.010

1.3. Liquidity of Dassault Systemes SA.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Dassault Systemes SA is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Software - Application industry mean).
  • A Current Ratio of 1.72 means the company has $1.72 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Dassault Systemes SA:

  • The MRQ is 1.723. The company is able to pay all its short-term debts. +1
  • The TTM is 1.699. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.723TTM1.699+0.024
TTM1.699YOY1.666+0.033
TTM1.6995Y1.825-0.127
5Y1.82510Y2.005-0.180
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Dassault Systemes SA to the Software - Application industry mean.
  • A Quick Ratio of 1.59 means the company can pay off $1.59 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Dassault Systemes SA:

  • The MRQ is 1.593. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 1.573. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ1.593TTM1.573+0.020
TTM1.573YOY1.531+0.042
TTM1.5735Y1.675-0.102
5Y1.67510Y1.870-0.194

1.4. Solvency of Dassault Systemes SA.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Dassault Systemes SA assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Dassault Systemes SA to Software - Application industry mean.
  • A Debt to Asset Ratio of 0.45 means that Dassault Systemes SA assets are financed with 45.2% credit (debt) and the remaining percentage (100% - 45.2%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Dassault Systemes SA:

  • The MRQ is 0.452. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.463. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.452TTM0.463-0.011
TTM0.463YOY0.488-0.025
TTM0.4635Y0.534-0.071
5Y0.53410Y0.480+0.054
1.4.2. Debt to Equity Ratio

Measures if Dassault Systemes SA is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Dassault Systemes SA to the Software - Application industry mean.
  • A Debt to Equity ratio of 82.6% means that company has $0.83 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Dassault Systemes SA:

  • The MRQ is 0.826. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.863. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.826TTM0.863-0.037
TTM0.863YOY0.957-0.094
TTM0.8635Y1.192-0.329
5Y1.19210Y0.970+0.222

2. Market Valuation of Dassault Systemes SA

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 Dassault Systemes SA generates.

  • Above 15 is considered overpriced but always compare Dassault Systemes SA to the Software - Application industry mean.
  • A PE ratio of 47.54 means the investor is paying $47.54 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Dassault Systemes SA:

  • The EOD is 45.023. Based on the earnings, the company is overpriced. -1
  • The MRQ is 47.536. Based on the earnings, the company is overpriced. -1
  • The TTM is 48.956. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD45.023MRQ47.536-2.512
MRQ47.536TTM48.956-1.421
TTM48.956YOY56.398-7.442
TTM48.9565Y217.032-168.075
5Y217.03210Y220.481-3.450
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Dassault Systemes SA:

  • The EOD is 20.960. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 22.130. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is 50.252. Based on how much money comes from the company's main activities, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD20.960MRQ22.130-1.169
MRQ22.130TTM50.252-28.122
TTM50.252YOY37.983+12.268
TTM50.2525Y138.868-88.617
5Y138.86810Y200.236-61.368
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Software - Application industry mean).
  • A PB ratio of 6.59 means the investor is paying $6.59 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Dassault Systemes SA:

  • The EOD is 6.239. Based on the equity, the company is overpriced. -1
  • The MRQ is 6.588. Based on the equity, the company is overpriced. -1
  • The TTM is 6.848. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD6.239MRQ6.588-0.348
MRQ6.588TTM6.848-0.261
TTM6.848YOY6.140+0.708
TTM6.8485Y22.986-16.138
5Y22.98610Y27.247-4.261
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Dassault Systemes SA compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.3530.151+133%0.167+111%0.134+164%0.113+211%
Book Value Per Share--6.7226.392+5%6.048+11%5.210+29%4.141+62%
Current Ratio--1.7231.699+1%1.666+3%1.825-6%2.005-14%
Debt To Asset Ratio--0.4520.463-2%0.488-7%0.534-15%0.480-6%
Debt To Equity Ratio--0.8260.863-4%0.957-14%1.192-31%0.970-15%
Dividend Per Share---0.061-100%0.045-100%0.086-100%0.072-100%
Eps--0.2330.225+4%0.186+25%0.163+43%0.139+68%
Free Cash Flow Per Share--0.5000.262+91%0.314+59%0.273+83%0.206+142%
Free Cash Flow To Equity Per Share--0.3910.125+213%0.105+274%0.254+54%0.192+103%
Gross Profit Margin---0.471-0.548+16%-0.893+90%-0.976+107%-1.071+127%
Intrinsic Value_10Y_max--16.084--------
Intrinsic Value_10Y_min--6.041--------
Intrinsic Value_1Y_max--1.240--------
Intrinsic Value_1Y_min--0.793--------
Intrinsic Value_3Y_max--4.009--------
Intrinsic Value_3Y_min--2.235--------
Intrinsic Value_5Y_max--7.120--------
Intrinsic Value_5Y_min--3.503--------
Market Cap54988372800.000-7%58941108000.00058206599500.000+1%49257349250.000+20%140707412915.648-58%133996636914.431-56%
Net Profit Margin--0.1910.179+7%0.158+21%0.153+25%0.152+26%
Operating Margin--0.2170.225-4%0.219-1%0.206+6%0.215+1%
Operating Ratio--0.7830.782+0%0.779+0%0.794-1%0.7840%
Pb Ratio6.239-6%6.5886.848-4%6.140+7%22.986-71%27.247-76%
Pe Ratio45.023-6%47.53648.956-3%56.398-16%217.032-78%220.481-78%
Price Per Share41.940-6%44.28043.730+1%37.045+20%106.064-58%101.568-56%
Price To Free Cash Flow Ratio20.960-6%22.13050.252-56%37.983-42%138.868-84%200.236-89%
Price To Total Gains Ratio118.915-6%125.5501787.079-93%85.424+47%-15.892+113%-36.976+129%
Quick Ratio--1.5931.573+1%1.531+4%1.675-5%1.870-15%
Return On Assets--0.0190.019+3%0.016+19%0.014+31%0.016+17%
Return On Equity--0.0350.034+1%0.031+12%0.031+12%0.031+11%
Total Gains Per Share--0.3530.212+66%0.213+66%0.220+60%0.185+90%
Usd Book Value--8947344000.0008506454250.000+5%8040121250.000+11%6918345175.000+29%5473032407.500+63%
Usd Book Value Change Per Share--0.3530.151+133%0.167+111%0.134+164%0.113+211%
Usd Book Value Per Share--6.7226.392+5%6.048+11%5.210+29%4.141+62%
Usd Dividend Per Share---0.061-100%0.045-100%0.086-100%0.072-100%
Usd Eps--0.2330.225+4%0.186+25%0.163+43%0.139+68%
Usd Free Cash Flow--665864500.000348664750.000+91%418131875.000+59%362091625.000+84%272766694.375+144%
Usd Free Cash Flow Per Share--0.5000.262+91%0.314+59%0.273+83%0.206+142%
Usd Free Cash Flow To Equity Per Share--0.3910.125+213%0.105+274%0.254+54%0.192+103%
Usd Market Cap54988372800.000-7%58941108000.00058206599500.000+1%49257349250.000+20%140707412915.648-58%133996636914.431-56%
Usd Price Per Share41.940-6%44.28043.730+1%37.045+20%106.064-58%101.568-56%
Usd Profit--309984500.000293302625.000+6%250228125.000+24%216311025.000+43%172303994.625+80%
Usd Revenue--1627174500.0001632084125.0000%1566441625.000+4%1382724000.000+18%1108843661.625+47%
Usd Total Gains Per Share--0.3530.212+66%0.213+66%0.220+60%0.185+90%
 EOD+4 -4MRQTTM+29 -7YOY+30 -65Y+29 -710Y+29 -7

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1545.023
Price to Book Ratio (EOD)Between0-16.239
Net Profit Margin (MRQ)Greater than00.191
Operating Margin (MRQ)Greater than00.217
Quick Ratio (MRQ)Greater than11.593
Current Ratio (MRQ)Greater than11.723
Debt to Asset Ratio (MRQ)Less than10.452
Debt to Equity Ratio (MRQ)Less than10.826
Return on Equity (MRQ)Greater than0.150.035
Return on Assets (MRQ)Greater than0.050.019
Total6/10 (60.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5053.547
Ma 20Greater thanMa 5040.866
Ma 50Greater thanMa 10042.105
Ma 100Greater thanMa 20044.878
OpenGreater thanClose42.080
Total3/5 (60.0%)



Latest Balance Sheet

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

Summary
Total Assets15,044,300
Total Liabilities6,797,900
Total Stockholder Equity8,233,600
 As reported
Total Liabilities 6,797,900
Total Stockholder Equity+ 8,233,600
Total Assets = 15,044,300

Assets

Total Assets15,044,300
Total Current Assets6,159,800
Long-term Assets8,884,500
Total Current Assets
Cash And Cash Equivalents 4,095,900
Net Receivables 1,598,300
Other Current Assets 465,600
Total Current Assets  (as reported)6,159,800
Total Current Assets  (calculated)6,159,800
+/-0
Long-term Assets
Property Plant Equipment 911,100
Intangible Assets 7,698,500
Long-term Assets Other 274,900
Long-term Assets  (as reported)8,884,500
Long-term Assets  (calculated)8,884,500
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities3,574,800
Long-term Liabilities3,223,100
Total Stockholder Equity8,233,600
Total Current Liabilities
Short-term Debt 951,500
Short Long Term Debt 951,500
Accounts payable 196,100
Other Current Liabilities 792,300
Total Current Liabilities  (as reported)3,574,800
Total Current Liabilities  (calculated)2,891,400
+/- 683,400
Long-term Liabilities
Long term Debt 2,041,300
Long-term Liabilities Other 1,181,900
Long-term Liabilities  (as reported)3,223,100
Long-term Liabilities  (calculated)3,223,200
+/- 100
Total Stockholder Equity
Common Stock8,233,600
Total Stockholder Equity (as reported)8,233,600
Total Stockholder Equity (calculated)8,233,600
+/-0
Other
Cash and Short Term Investments 4,095,900
Common Stock Shares Outstanding 1,331,100
Current Deferred Revenue1,634,900
Liabilities and Stockholders Equity 15,044,200
Net Debt -1,103,100
Net Invested Capital 11,226,400
Net Working Capital 2,585,000
Short Long Term Debt Total 2,992,800



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2024-03-312023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-312004-12-312004-09-302004-06-302004-03-312003-12-312003-09-302003-06-302003-03-312002-12-312002-09-302002-06-302002-03-312001-12-312001-09-302001-06-302001-03-312000-12-312000-09-302000-06-302000-03-311999-12-311999-09-301999-06-301999-03-311998-12-311998-09-301998-06-301998-03-311997-12-311997-09-301997-06-301997-03-311996-12-311996-09-301996-06-301996-03-31
> Total Assets 
370,665
294,656
0
0
378,190
401,156
416,939
367,545
380,411
404,282
404,075
466,234
513,054
484,978
507,318
576,468
612,697
611,956
661,876
735,633
760,833
777,045
826,226
832,875
873,286
802,071
839,081
920,996
898,628
865,740
888,510
962,807
1,230,306
1,002,671
838,921
1,098,338
1,146,363
1,189,282
1,517,258
1,412,244
1,625,186
1,765,854
1,727,329
1,856,037
1,910,830
1,932,056
1,944,843
1,954,221
1,933,714
1,872,174
2,164,200
2,142,045
2,221,800
2,123,600
2,135,900
2,299,708
2,571,300
3,012,600
3,926,201
3,071,834
3,105,100
3,087,351
3,257,100
3,516,784
3,618,300
3,689,300
3,736,000
3,603,912
3,816,600
4,176,200
4,133,400
4,187,893
4,350,400
4,493,100
4,754,100
4,968,057
5,483,800
5,340,700
5,319,500
6,311,430
6,330,500
6,491,100
6,595,000
6,943,066
7,126,800
6,905,700
6,751,700
7,029,806
7,161,100
7,507,200
7,468,800
7,974,000
8,706,900
8,723,500
11,652,200
13,872,600
14,057,300
13,807,000
13,371,000
12,964,200
13,648,400
13,578,500
13,370,100
14,218,700
14,242,500
14,559,900
14,704,500
14,261,100
14,350,300
14,230,300
14,455,700
14,622,500
15,044,300
15,044,30014,622,50014,455,70014,230,30014,350,30014,261,10014,704,50014,559,90014,242,50014,218,70013,370,10013,578,50013,648,40012,964,20013,371,00013,807,00014,057,30013,872,60011,652,2008,723,5008,706,9007,974,0007,468,8007,507,2007,161,1007,029,8066,751,7006,905,7007,126,8006,943,0666,595,0006,491,1006,330,5006,311,4305,319,5005,340,7005,483,8004,968,0574,754,1004,493,1004,350,4004,187,8934,133,4004,176,2003,816,6003,603,9123,736,0003,689,3003,618,3003,516,7843,257,1003,087,3513,105,1003,071,8343,926,2013,012,6002,571,3002,299,7082,135,9002,123,6002,221,8002,142,0452,164,2001,872,1741,933,7141,954,2211,944,8431,932,0561,910,8301,856,0371,727,3291,765,8541,625,1861,412,2441,517,2581,189,2821,146,3631,098,338838,9211,002,6711,230,306962,807888,510865,740898,628920,996839,081802,071873,286832,875826,226777,045760,833735,633661,876611,956612,697576,468507,318484,978513,054466,234404,075404,282380,411367,545416,939401,156378,19000294,656370,665
   > Total Current Assets 
303,170
232,146
0
0
328,190
353,309
368,328
309,454
320,150
337,160
332,713
395,549
441,525
345,309
328,847
448,044
387,761
390,974
435,747
542,647
504,486
505,239
538,199
653,677
618,723
525,829
559,320
722,302
597,656
551,143
577,451
766,210
0
698,583
576,436
889,324
818,288
1,189,282
0
752,826
896,552
723,514
666,217
877,532
824,355
804,240
812,727
1,062,417
1,933,714
1,116,553
1,094,700
1,308,200
1,353,200
1,281,400
1,327,700
1,501,742
1,332,300
1,471,800
0
1,673,196
1,744,800
1,739,152
1,815,400
2,056,713
2,172,300
2,209,300
1,977,800
1,931,386
2,110,300
2,498,100
2,295,100
2,420,031
2,412,200
1,971,400
1,797,800
1,979,562
2,321,500
2,242,600
2,273,100
3,241,180
3,357,900
3,430,100
3,272,200
3,570,436
3,803,300
3,691,900
3,616,300
3,599,507
3,809,900
4,030,300
3,667,700
4,201,800
4,091,400
4,171,800
7,064,900
3,669,000
3,722,500
3,696,800
3,732,600
3,760,300
4,192,500
4,312,300
4,000,600
4,719,000
4,662,300
4,813,800
4,509,300
4,844,300
5,177,700
5,088,700
5,241,000
5,735,800
6,159,800
6,159,8005,735,8005,241,0005,088,7005,177,7004,844,3004,509,3004,813,8004,662,3004,719,0004,000,6004,312,3004,192,5003,760,3003,732,6003,696,8003,722,5003,669,0007,064,9004,171,8004,091,4004,201,8003,667,7004,030,3003,809,9003,599,5073,616,3003,691,9003,803,3003,570,4363,272,2003,430,1003,357,9003,241,1802,273,1002,242,6002,321,5001,979,5621,797,8001,971,4002,412,2002,420,0312,295,1002,498,1002,110,3001,931,3861,977,8002,209,3002,172,3002,056,7131,815,4001,739,1521,744,8001,673,19601,471,8001,332,3001,501,7421,327,7001,281,4001,353,2001,308,2001,094,7001,116,5531,933,7141,062,417812,727804,240824,355877,532666,217723,514896,552752,82601,189,282818,288889,324576,436698,5830766,210577,451551,143597,656722,302559,320525,829618,723653,677538,199505,239504,486542,647435,747390,974387,761448,044328,847345,309441,525395,549332,713337,160320,150309,454368,328353,309328,19000232,146303,170
       Cash And Cash Equivalents 
225,248
158,081
0
0
236,552
253,885
259,471
13,182
214,393
220,675
229,445
18,844
299,212
196,078
211,442
76,709
264,542
264,256
287,463
266,675
359,904
319,372
367,755
363,768
447,283
368,988
396,818
372,328
458,339
419,296
428,767
418,840
0
544,042
443,425
540,740
652,351
631,017
0
312,914
683,658
473,836
454,833
408,746
561,933
544,559
571,259
598,187
682,552
656,642
1,168,160
794,145
902,600
845,200
831,500
939,057
802,900
939,300
1,252,108
976,482
836,800
966,239
1,124,300
1,154,275
1,343,000
1,461,300
1,280,200
1,159,300
1,393,900
1,778,700
1,652,100
1,737,860
1,665,200
1,253,500
1,103,900
1,104,206
1,412,500
1,444,100
1,520,000
2,280,534
2,542,000
2,585,800
2,452,900
2,436,701
2,765,400
2,769,200
2,741,900
2,459,445
2,803,800
3,043,200
2,745,800
2,809,300
2,896,000
3,092,800
5,855,600
1,944,900
2,243,500
2,399,700
2,506,100
2,148,900
2,714,100
2,919,000
2,670,400
2,979,500
3,008,100
3,157,000
2,787,500
2,769,000
3,468,100
3,345,400
3,368,100
3,568,300
4,095,900
4,095,9003,568,3003,368,1003,345,4003,468,1002,769,0002,787,5003,157,0003,008,1002,979,5002,670,4002,919,0002,714,1002,148,9002,506,1002,399,7002,243,5001,944,9005,855,6003,092,8002,896,0002,809,3002,745,8003,043,2002,803,8002,459,4452,741,9002,769,2002,765,4002,436,7012,452,9002,585,8002,542,0002,280,5341,520,0001,444,1001,412,5001,104,2061,103,9001,253,5001,665,2001,737,8601,652,1001,778,7001,393,9001,159,3001,280,2001,461,3001,343,0001,154,2751,124,300966,239836,800976,4821,252,108939,300802,900939,057831,500845,200902,600794,1451,168,160656,642682,552598,187571,259544,559561,933408,746454,833473,836683,658312,9140631,017652,351540,740443,425544,0420418,840428,767419,296458,339372,328396,818368,988447,283363,768367,755319,372359,904266,675287,463264,256264,54276,709211,442196,078299,21218,844229,445220,675214,39313,182259,471253,885236,55200158,081225,248
       Short-term Investments 
0
0
0
0
0
0
0
172,273
7,521
5,920
7,552
220,924
14,120
16,324
0
182,399
0
0
0
8,291
0
0
0
6,111
0
0
0
16,451
0
0
0
20,067
0
0
0
11,721
0
0
0
66,717
0
0
0
50,524
0
0
0
29,397
0
0
0
46,298
48,200
87,600
143,500
118,902
101,700
81,600
107,040
162,646
323,500
281,666
203,800
268,693
216,700
182,600
182,400
159,765
132,700
171,500
164,900
65,785
109,300
93,000
67,400
71,286
87,400
59,500
56,300
70,752
48,200
50,400
49,500
56,064
63,600
48,200
46,500
1,281
41,300
500
500
600
600
600
800
-159,200
0
0
0
-188,300
0
0
0
-196,400
0
0
0
0
0
0
0
0
0
000000000-196,400000-188,300000-159,20080060060060050050041,3001,28146,50048,20063,60056,06449,50050,40048,20070,75256,30059,50087,40071,28667,40093,000109,30065,785164,900171,500132,700159,765182,400182,600216,700268,693203,800281,666323,500162,646107,04081,600101,700118,902143,50087,60048,20046,29800029,39700050,52400066,71700011,72100020,06700016,4510006,1110008,291000182,399016,32414,120220,9247,5525,9207,521172,2730000000
       Net Receivables 
0
51,196
0
0
0
61,074
0
0
0
0
78,235
0
0
0
117,407
0
0
0
148,284
0
0
185,868
170,444
0
0
156,840
162,503
0
0
0
148,684
0
0
154,541
0
0
0
183,726
0
0
0
249,678
211,383
0
0
259,681
241,467
0
0
352,373
265,100
387,998
0
269,100
0
361,247
308,600
331,000
0
449,795
0
400,887
352,600
0
464,400
431,100
358,700
457,819
428,600
400,158
320,000
472,624
462,600
454,916
415,300
627,662
624,900
541,680
497,800
739,141
612,900
622,561
539,500
820,442
705,600
610,333
549,000
895,900
749,700
713,500
634,900
1,070,600
926,800
850,600
783,900
1,346,100
1,141,700
994,300
931,800
1,256,100
1,157,500
1,068,800
996,900
1,531,200
1,274,400
1,250,100
1,203,800
1,834,600
1,313,400
1,303,000
1,351,500
1,973,300
1,598,300
1,598,3001,973,3001,351,5001,303,0001,313,4001,834,6001,203,8001,250,1001,274,4001,531,200996,9001,068,8001,157,5001,256,100931,800994,3001,141,7001,346,100783,900850,600926,8001,070,600634,900713,500749,700895,900549,000610,333705,600820,442539,500622,561612,900739,141497,800541,680624,900627,662415,300454,916462,600472,624320,000400,158428,600457,819358,700431,100464,4000352,600400,8870449,7950331,000308,600361,2470269,1000387,998265,100352,37300241,467259,68100211,383249,678000183,726000154,54100148,684000162,503156,84000170,444185,86800148,284000117,40700078,235000061,07400051,1960
       Other Current Assets 
42,901
22,870
0
0
32,500
38,349
25,523
14,818
23,677
26,685
17,480
30,355
35,486
37,091
-1
49,464
-1
0
0
57,050
0
0
0
43,164
0
0
0
41,442
139,317
131,847
0
39,603
0
0
133,011
50,619
165,937
374,539
0
43,440
212,894
0
1
52,157
262,422
0
1
76,176
968,306
84,537
829,600
79,759
115,800
79,500
106,400
82,536
119,100
119,900
162,124
84,273
169,200
90,360
134,700
74,384
148,200
134,300
156,500
17,615
155,100
147,700
158,100
21,637
175,100
170,000
211,200
18,452
196,700
197,300
199,000
16,902
154,800
171,300
230,300
15,054
268,700
264,200
278,900
14,627
215,100
151,600
286,500
17,400
268,000
163,900
424,600
36,600
337,300
249,100
294,700
29,200
320,900
240,200
333,300
28,900
379,800
259,600
518,000
32,800
396,200
283,500
521,400
194,200
465,600
465,600194,200521,400283,500396,20032,800518,000259,600379,80028,900333,300240,200320,90029,200294,700249,100337,30036,600424,600163,900268,00017,400286,500151,600215,10014,627278,900264,200268,70015,054230,300171,300154,80016,902199,000197,300196,70018,452211,200170,000175,10021,637158,100147,700155,10017,615156,500134,300148,20074,384134,70090,360169,20084,273162,124119,900119,10082,536106,40079,500115,80079,759829,60084,537968,30676,17610262,42252,15710212,89443,4400374,539165,93750,619133,0110039,6030131,847139,31741,44200043,16400057,05000-149,464-137,09135,48630,35517,48026,68523,67714,81825,52338,34932,5000022,87042,901
   > Long-term Assets 
67,495
62,510
0
0
50,000
47,848
48,611
58,091
60,260
67,122
71,362
70,686
71,528
139,669
178,471
128,424
224,936
220,982
226,129
192,986
256,346
271,806
288,027
179,197
254,563
276,242
279,760
198,694
300,973
314,596
311,058
196,596
0
304,088
262,484
209,014
328,075
0
0
659,418
728,635
1,042,340
1,061,112
978,506
1,086,476
1,127,816
1,132,116
891,804
0
755,621
1,069,500
833,845
868,600
842,200
808,200
797,966
1,239,000
1,540,800
0
1,398,638
1,360,300
1,348,199
1,441,700
1,460,071
1,446,000
1,480,000
1,758,200
1,672,526
1,706,300
1,678,100
1,838,300
1,767,862
1,938,200
2,521,700
2,956,300
2,988,495
3,162,300
3,098,100
3,046,400
3,070,250
2,972,600
3,061,000
3,322,800
3,372,630
3,323,500
3,213,800
3,135,400
3,430,299
3,351,200
3,476,900
3,801,100
3,772,200
4,615,500
4,551,600
4,587,300
10,203,700
10,334,800
10,110,200
9,638,500
9,203,900
9,455,900
9,266,200
9,369,500
9,499,700
9,580,200
9,746,200
10,195,100
9,416,800
9,172,600
9,141,600
9,214,800
8,886,700
8,884,500
8,884,5008,886,7009,214,8009,141,6009,172,6009,416,80010,195,1009,746,2009,580,2009,499,7009,369,5009,266,2009,455,9009,203,9009,638,50010,110,20010,334,80010,203,7004,587,3004,551,6004,615,5003,772,2003,801,1003,476,9003,351,2003,430,2993,135,4003,213,8003,323,5003,372,6303,322,8003,061,0002,972,6003,070,2503,046,4003,098,1003,162,3002,988,4952,956,3002,521,7001,938,2001,767,8621,838,3001,678,1001,706,3001,672,5261,758,2001,480,0001,446,0001,460,0711,441,7001,348,1991,360,3001,398,63801,540,8001,239,000797,966808,200842,200868,600833,8451,069,500755,6210891,8041,132,1161,127,8161,086,476978,5061,061,1121,042,340728,635659,41800328,075209,014262,484304,0880196,596311,058314,596300,973198,694279,760276,242254,563179,197288,027271,806256,346192,986226,129220,982224,936128,424178,471139,66971,52870,68671,36267,12260,26058,09148,61147,84850,0000062,51067,495
       Property Plant Equipment 
56,033
53,122
0
0
47,328
47,404
48,160
49,909
53,296
52,915
54,052
55,764
58,245
58,920
-40,030
58,950
-52,030
-52,205
-56,375
64,258
-70,564
-72,730
-67,853
65,490
-84,649
-74,268
0
59,928
-73,309
-69,613
0
56,440
0
0
0
57,141
0
0
0
69,331
0
0
0
63,872
0
0
0
61,228
0
47,934
0
69,262
67,900
66,700
62,200
59,559
62,400
68,400
89,495
66,395
66,600
69,947
104,700
106,601
107,300
110,900
112,200
107,843
109,000
103,800
99,500
100,448
102,700
112,300
128,900
136,737
143,100
136,400
133,900
135,326
130,000
128,500
130,600
135,402
137,300
156,700
153,800
168,958
164,400
169,100
169,600
178,100
575,300
563,000
568,800
899,800
949,700
920,200
886,400
861,100
856,400
833,600
823,500
817,000
814,400
813,700
850,000
820,000
810,700
852,500
855,800
882,800
911,100
911,100882,800855,800852,500810,700820,000850,000813,700814,400817,000823,500833,600856,400861,100886,400920,200949,700899,800568,800563,000575,300178,100169,600169,100164,400168,958153,800156,700137,300135,402130,600128,500130,000135,326133,900136,400143,100136,737128,900112,300102,700100,44899,500103,800109,000107,843112,200110,900107,300106,601104,70069,94766,60066,39589,49568,40062,40059,55962,20066,70067,90069,262047,934061,22800063,87200069,33100057,14100056,4400-69,613-73,30959,9280-74,268-84,64965,490-67,853-72,730-70,56464,258-56,375-52,205-52,03058,950-40,03058,92058,24555,76454,05252,91553,29649,90948,16047,40447,3280053,12256,033
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
50,365
0
0
0
75,071
0
0
0
92,971
0
0
0
126,033
0
0
0
326,369
0
0
0
455,835
0
0
0
464,224
0
401,535
0
441,353
0
0
0
431,388
0
0
0
616,619
0
599,061
0
647,990
0
0
0
788,435
0
798,384
0
872,952
0
1,347,603
0
1,532,031
0
1,668,848
0
1,662,333
0
1,657,034
0
1,847,442
0
1,799,831
0
1,923,726
0
1,991,300
0
2,124,500
0
2,354,400
0
4,730,900
0
4,768,500
0
4,390,500
0
4,512,300
0
4,712,400
0
5,070,900
0
4,971,100
0
4,893,500
0
4,805,000
0
04,805,00004,893,50004,971,10005,070,90004,712,40004,512,30004,390,50004,768,50004,730,90002,354,40002,124,50001,991,30001,923,72601,799,83101,847,44201,657,03401,662,33301,668,84801,532,03101,347,6030872,9520798,3840788,435000647,9900599,0610616,619000431,388000441,3530401,5350464,224000455,835000326,369000126,03300092,97100075,07100050,36500000000000000000000000
       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
157,010
0
19,219
0
194,483
0
25,235
0
611,890
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000000611,890025,2350194,483019,2190157,0100000000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Intangible Assets 
11,382
9,469
0
0
2,672
533
451
8,182
6,964
14,117
11,201
14,922
13,284
67,227
0
54,600
0
0
0
90,180
0
0
0
79,372
0
0
0
83,841
0
0
0
80,986
0
0
0
103,681
0
0
0
230,443
0
0
0
378,221
0
0
0
348,368
0
262,642
0
280,606
735,400
968,502
969,823
229,392
1,474,604
1,625,240
1,679,180
616,697
1,703,803
580,076
1,219,800
593,866
1,615,414
1,567,665
1,939,329
671,101
1,448,000
629,947
1,597,300
658,788
1,706,200
908,465
2,672,900
1,170,626
2,859,100
1,074,612
2,682,500
1,024,809
2,588,300
951,835
2,872,200
1,079,076
2,873,700
970,752
2,693,200
1,066,440
2,899,200
1,032,300
3,314,600
1,137,800
3,687,500
1,259,500
3,675,300
4,186,100
8,991,400
4,003,400
8,337,100
3,546,700
8,170,500
3,478,100
8,084,600
3,462,600
8,233,900
3,565,700
9,030,300
3,302,400
8,032,800
3,051,800
8,059,300
2,842,100
7,698,500
7,698,5002,842,1008,059,3003,051,8008,032,8003,302,4009,030,3003,565,7008,233,9003,462,6008,084,6003,478,1008,170,5003,546,7008,337,1004,003,4008,991,4004,186,1003,675,3001,259,5003,687,5001,137,8003,314,6001,032,3002,899,2001,066,4402,693,200970,7522,873,7001,079,0762,872,200951,8352,588,3001,024,8092,682,5001,074,6122,859,1001,170,6262,672,900908,4651,706,200658,7881,597,300629,9471,448,000671,1011,939,3291,567,6651,615,414593,8661,219,800580,0761,703,803616,6971,679,1801,625,2401,474,604229,392969,823968,502735,400280,6060262,6420348,368000378,221000230,443000103,68100080,98600083,84100079,37200090,18000054,600067,22713,28414,92211,20114,1176,9648,1824515332,672009,46911,382
       Long-term Assets Other 
80
-80
0
0
0
-89
0
0
0
91
6,109
0
0
13,523
218,501
14,874
276,966
273,187
282,504
26,216
326,910
344,537
355,880
19,371
339,212
350,510
0
39,506
374,281
384,209
311,058
39,912
0
304,088
262,484
22,792
328,075
0
0
2,297
728,635
1,042,340
1,061,112
1,437
1,086,476
1,127,816
1,132,116
2,483
0
3,117
1,069,500
0
65,300
84,700
83,100
0
86,400
150,100
0
0
92,400
0
117,200
268,693
127,200
131,600
137,500
196,569
149,300
112,097
141,500
104,457
129,300
105,000
154,500
128,390
160,100
218,300
230,000
192,056
254,300
323,700
320,000
215,390
312,500
286,500
288,400
144,329
287,600
600
316,900
146,200
352,700
600
343,200
35,500
393,700
268,100
415,000
35,500
429,000
264,400
461,400
51,800
531,900
218,400
314,800
157,700
329,100
234,600
299,700
227,000
274,900
274,900227,000299,700234,600329,100157,700314,800218,400531,90051,800461,400264,400429,00035,500415,000268,100393,70035,500343,200600352,700146,200316,900600287,600144,329288,400286,500312,500215,390320,000323,700254,300192,056230,000218,300160,100128,390154,500105,000129,300104,457141,500112,097149,300196,569137,500131,600127,200268,693117,200092,40000150,10086,400083,10084,70065,30001,069,5003,11702,4831,132,1161,127,8161,086,4761,4371,061,1121,042,340728,6352,29700328,07522,792262,484304,088039,912311,058384,209374,28139,5060350,510339,21219,371355,880344,537326,91026,216282,504273,187276,96614,874218,50113,523006,10991000-89000-8080
> Total Liabilities 
121,220
116,193
0
0
147,845
174,080
166,577
178,909
169,732
204,008
181,757
201,739
215,050
188,930
190,583
215,523
215,334
214,070
223,627
268,678
266,652
281,099
281,827
281,037
290,029
245,992
257,987
292,166
285,415
270,581
274,686
306,276
367,778
311,779
258,544
339,650
338,271
354,679
446,869
422,095
619,090
770,247
681,102
745,014
767,171
785,041
794,822
755,305
787,698
762,694
852,700
837,552
833,900
810,400
802,600
850,945
1,013,700
1,346,400
1,719,439
1,280,027
1,286,200
1,303,280
1,350,200
1,433,125
1,435,200
1,485,800
1,462,900
1,222,964
1,325,400
1,652,100
1,550,800
1,563,742
1,702,000
1,843,200
1,922,400
2,008,553
2,224,900
2,130,100
2,033,100
2,823,732
2,849,800
2,970,500
2,939,400
3,060,235
3,206,800
3,112,500
2,890,800
3,033,759
3,086,300
3,024,600
3,093,200
3,348,200
3,816,600
3,868,000
6,406,600
8,610,000
8,590,300
8,443,100
8,165,700
7,858,100
8,030,700
7,931,900
7,407,500
8,007,700
7,660,500
7,549,400
6,879,200
6,936,200
6,870,000
6,738,000
6,680,200
6,776,500
6,797,900
6,797,9006,776,5006,680,2006,738,0006,870,0006,936,2006,879,2007,549,4007,660,5008,007,7007,407,5007,931,9008,030,7007,858,1008,165,7008,443,1008,590,3008,610,0006,406,6003,868,0003,816,6003,348,2003,093,2003,024,6003,086,3003,033,7592,890,8003,112,5003,206,8003,060,2352,939,4002,970,5002,849,8002,823,7322,033,1002,130,1002,224,9002,008,5531,922,4001,843,2001,702,0001,563,7421,550,8001,652,1001,325,4001,222,9641,462,9001,485,8001,435,2001,433,1251,350,2001,303,2801,286,2001,280,0271,719,4391,346,4001,013,700850,945802,600810,400833,900837,552852,700762,694787,698755,305794,822785,041767,171745,014681,102770,247619,090422,095446,869354,679338,271339,650258,544311,779367,778306,276274,686270,581285,415292,166257,987245,992290,029281,037281,827281,099266,652268,678223,627214,070215,334215,523190,583188,930215,050201,739181,757204,008169,732178,909166,577174,080147,84500116,193121,220
   > Total Current Liabilities 
81,424
78,158
0
0
110,776
143,365
129,059
139,636
132,313
163,935
139,245
163,284
174,083
148,845
0
174,568
0
0
0
222,570
0
0
0
241,427
0
0
0
249,188
0
0
0
261,994
0
311,780
258,544
298,558
338,271
354,679
0
364,622
0
0
0
411,197
0
0
0
446,204
0
470,258
0
523,034
507,300
487,100
480,000
485,722
643,900
806,500
984,712
775,109
807,200
828,106
852,500
1,138,165
1,154,700
1,198,300
1,132,500
928,495
979,600
974,600
835,300
888,194
985,400
1,039,000
1,052,200
1,139,188
1,333,600
1,292,800
1,205,400
1,311,866
1,354,600
1,447,900
1,362,100
1,465,640
1,625,400
1,567,000
1,339,000
1,527,458
1,586,900
1,524,300
1,827,600
2,022,800
2,081,200
2,157,200
1,682,400
2,133,800
2,078,600
2,053,000
1,858,300
2,086,900
2,194,400
2,485,200
2,880,400
3,470,300
3,330,100
3,333,600
2,615,800
2,881,000
2,851,800
2,704,200
3,317,200
3,561,000
3,574,800
3,574,8003,561,0003,317,2002,704,2002,851,8002,881,0002,615,8003,333,6003,330,1003,470,3002,880,4002,485,2002,194,4002,086,9001,858,3002,053,0002,078,6002,133,8001,682,4002,157,2002,081,2002,022,8001,827,6001,524,3001,586,9001,527,4581,339,0001,567,0001,625,4001,465,6401,362,1001,447,9001,354,6001,311,8661,205,4001,292,8001,333,6001,139,1881,052,2001,039,000985,400888,194835,300974,600979,600928,4951,132,5001,198,3001,154,7001,138,165852,500828,106807,200775,109984,712806,500643,900485,722480,000487,100507,300523,0340470,2580446,204000411,197000364,6220354,679338,271298,558258,544311,7800261,994000249,188000241,427000222,570000174,5680148,845174,083163,284139,245163,935132,313139,636129,059143,365110,7760078,15881,424
       Short-term Debt 
4,855
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5,803
0
0
0
6,882
0
0
0
7,702
0
0
0
7,482
0
0
0
10,694
0
0
0
10,488
0
0
0
0
0
0
0
0
0
0
0
0
0
102,679
0
132,105
0
0
0
128,754
0
0
0
192,692
0
169,429
0
228,942
226,500
229,000
307,700
25,526
24,000
22,400
22,000
20,039
20,400
20,900
21,000
9,984
11,200
0
0
0
0
0
0
0
1,000,000
1,000,000
1,000,000
1,000,000
1,000,000
3,111,743,401
350,000
350,000
350,000
350,000
11,500
87,400
7,000
7,800
13,300
94,800
9,900
333,500
902,400
986,800
906,000
905,500
253,700
341,700
270,800
254,400
950,200
1,015,000
951,500
951,5001,015,000950,200254,400270,800341,700253,700905,500906,000986,800902,400333,5009,90094,80013,3007,8007,00087,40011,500350,000350,000350,000350,0003,111,743,4011,000,0001,000,0001,000,0001,000,0001,000,000000000011,2009,98421,00020,90020,40020,03922,00022,40024,00025,526307,700229,000226,500228,9420169,4290192,692000128,754000132,1050102,679000000000000010,48800010,6940007,4820007,7020006,8820005,803000000000000004,855
       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
1,000,000
1,000,000
1,000,000
1,000,000
1,000,000
3,111,743,401
405,186
401,468
350,000
350,000
11,500
4,400
7,000
7,800
13,300
16,000
9,900
333,600
902,400
903,200
906,000
905,600
253,700
258,600
270,800
254,400
950,200
950,100
951,500
951,500950,100950,200254,400270,800258,600253,700905,600906,000903,200902,400333,6009,90016,00013,3007,8007,0004,40011,500350,000350,000401,468405,1863,111,743,4011,000,0001,000,0001,000,0001,000,0001,000,000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Accounts payable 
19,819
15,888
0
0
17,759
17,577
19,841
21,818
22,099
20,856
47,688
28,649
23,688
60,562
0
22,501
0
0
0
34,389
0
0
0
30,530
0
0
0
31,666
0
0
0
42,190
0
0
0
47,439
0
0
0
49,587
0
0
0
52,189
0
0
0
48,495
0
52,066
0
70,147
73,400
73,700
75,400
67,682
78,700
96,200
103,776
93,169
80,100
87,103
85,300
99,844
85,200
91,500
101,305
90,791
83,500
90,300
74,900
84,972
85,800
108,900
104,500
130,327
118,400
118,600
99,600
119,802
108,700
114,900
122,800
144,860
127,100
137,300
125,900
149,314
128,900
132,700
139,300
161,700
135,900
163,800
160,100
220,000
166,200
148,300
144,600
171,700
138,000
132,800
141,600
192,400
167,700
183,500
209,100
216,300
181,100
177,300
205,900
230,500
196,100
196,100230,500205,900177,300181,100216,300209,100183,500167,700192,400141,600132,800138,000171,700144,600148,300166,200220,000160,100163,800135,900161,700139,300132,700128,900149,314125,900137,300127,100144,860122,800114,900108,700119,80299,600118,600118,400130,327104,500108,90085,80084,97274,90090,30083,50090,791101,30591,50085,20099,84485,30087,10380,10093,169103,77696,20078,70067,68275,40073,70073,40070,147052,066048,49500052,18900049,58700047,43900042,19000031,66600030,53000034,38900022,501060,56223,68828,64947,68820,85622,09921,81819,84117,57717,7590015,88819,819
       Other Current Liabilities 
56,750
62,269
0
0
93,017
125,789
109,218
117,818
110,214
143,079
91,557
134,635
150,395
88,283
0
146,264
0
0
0
59,496
0
0
0
62,966
0
0
0
38,420
0
0
0
43,521
0
311,780
258,544
44,773
338,271
354,679
0
315,035
0
0
0
359,008
0
0
0
397,709
0
84,830
0
70,043
433,900
166,500
404,600
45,592
192,900
274,500
880,936
102,252
727,100
111,509
312,600
113,926
300,800
299,100
322,500
13,358
313,000
293,800
260,000
12,174
298,500
284,200
332,500
23,048
364,400
1,174,200
1,105,800
1,192,064
1,245,900
1,333,000
1,239,300
1,320,780
1,498,300
1,429,700
1,213,100
1,378,144
1,458,000
1,391,600
443,400
26,600
582,000
215,900
588,700
12,200
721,000
240,900
661,500
18,300
701,200
196,400
681,200
269,800
792,700
697,800
698,300
786,400
799,300
197,300
738,300
836,200
792,300
792,300836,200738,300197,300799,300786,400698,300697,800792,700269,800681,200196,400701,20018,300661,500240,900721,00012,200588,700215,900582,00026,600443,4001,391,6001,458,0001,378,1441,213,1001,429,7001,498,3001,320,7801,239,3001,333,0001,245,9001,192,0641,105,8001,174,200364,40023,048332,500284,200298,50012,174260,000293,800313,00013,358322,500299,100300,800113,926312,600111,509727,100102,252880,936274,500192,90045,592404,600166,500433,90070,043084,8300397,709000359,008000315,0350354,679338,27144,773258,544311,780043,52100038,42000062,96600059,496000146,264088,283150,395134,63591,557143,079110,214117,818109,218125,78993,0170062,26956,750
   > Long-term Liabilities 
39,797
38,036
0
0
37,069
30,715
37,518
39,273
37,419
40,073
42,512
38,455
40,966
40,085
190,583
40,955
215,334
214,070
223,627
46,108
266,652
281,099
281,827
39,610
290,029
245,992
257,987
42,978
285,415
270,581
274,686
44,282
0
-1
0
41,092
0
0
0
57,473
619,090
770,247
681,102
333,817
767,171
785,041
794,822
309,101
787,698
292,435
852,700
314,518
326,600
323,300
322,600
365,223
369,800
539,900
0
504,918
479,000
475,174
497,700
294,960
280,500
287,500
330,400
294,469
345,800
677,500
715,500
675,548
716,600
804,200
870,200
869,365
891,300
837,300
827,700
1,511,866
1,495,200
1,522,600
1,577,300
1,594,595
1,581,400
1,545,500
1,551,800
1,506,301
1,499,400
1,500,300
1,265,600
1,325,400
1,735,400
1,710,800
4,724,200
6,476,200
6,511,700
6,390,100
6,307,400
5,771,200
5,836,300
5,446,700
4,527,100
4,537,400
4,330,400
4,215,800
4,263,400
4,055,200
4,018,200
4,033,800
3,363,000
3,215,500
3,223,100
3,223,1003,215,5003,363,0004,033,8004,018,2004,055,2004,263,4004,215,8004,330,4004,537,4004,527,1005,446,7005,836,3005,771,2006,307,4006,390,1006,511,7006,476,2004,724,2001,710,8001,735,4001,325,4001,265,6001,500,3001,499,4001,506,3011,551,8001,545,5001,581,4001,594,5951,577,3001,522,6001,495,2001,511,866827,700837,300891,300869,365870,200804,200716,600675,548715,500677,500345,800294,469330,400287,500280,500294,960497,700475,174479,000504,9180539,900369,800365,223322,600323,300326,600314,518852,700292,435787,698309,101794,822785,041767,171333,817681,102770,247619,09057,47300041,0920-1044,282274,686270,581285,41542,978257,987245,992290,02939,610281,827281,099266,65246,108223,627214,070215,33440,955190,58340,08540,96638,45542,51240,07337,41939,27337,51830,71537,0690038,03639,797
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
33,998
0
0
0
28,324
0
0
0
38,819
0
0
0
50,583
0
0
0
51,007
0
0
0
44,183
0
0
0
54,349
0
0
0
101,301
0
0
0
123,093
167,486
172,587
179,071
169,290
229,401
286,503
323,840
204,710
273,165
291,041
280,412
211,791
285,748
290,731
350,454
236,340
397,040
396,935
464,521
293,237
490,598
621,800
656,909
363,922
581,411
543,535
533,209
323,611
564,033
358,655
648,770
354,406
621,982
348,026
651,841
384,311
615,261
582,286
712,665
774,719
1,364,756
1,060,800
1,095,700
1,879,400
1,902,000
1,790,000
1,727,000
1,032,500
1,649,800
1,588,100
1,564,400
1,053,400
1,595,200
1,478,900
1,521,600
820,200
0
0
1,323,100
0
0
001,323,10000820,2001,521,6001,478,9001,595,2001,053,4001,564,4001,588,1001,649,8001,032,5001,727,0001,790,0001,902,0001,879,4001,095,7001,060,8001,364,756774,719712,665582,286615,261384,311651,841348,026621,982354,406648,770358,655564,033323,611533,209543,535581,411363,922656,909621,800490,598293,237464,521396,935397,040236,340350,454290,731285,748211,791280,412291,041273,165204,710323,840286,503229,401169,290179,071172,587167,486123,093000101,30100054,34900044,18300051,00700050,58300038,81900028,32400033,9980000000000000000000
       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
36,100
0
0
0
43,400
0
0
0
51,500
0
0
0
59,000
0
0
0
0
0
0000059,00000051,50000043,40000036,10000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
249,444
178,463
0
0
230,345
227,076
250,362
188,636
210,679
200,274
222,317
264,495
298,004
296,048
316,735
360,945
397,363
397,886
438,249
466,956
494,180
495,946
544,399
551,838
583,256
556,079
581,094
628,830
613,213
595,159
613,823
656,530
862,528
690,891
580,377
758,688
808,092
834,603
1,070,389
985,356
1,006,096
995,607
1,046,227
1,110,044
1,143,659
1,147,014
1,150,021
1,197,640
1,146,016
1,108,068
1,311,500
1,302,855
1,386,300
1,312,200
1,332,200
1,447,650
1,556,700
1,665,200
2,205,402
1,790,791
1,817,900
1,783,162
1,889,700
2,066,193
2,166,800
2,187,500
2,257,300
2,364,719
2,472,300
2,507,700
2,570,600
2,610,527
2,615,000
2,621,000
2,804,900
2,943,460
3,238,100
3,190,600
3,270,300
3,468,531
3,464,100
3,502,300
3,634,800
3,860,225
3,920,000
3,790,700
3,858,800
3,994,178
4,073,200
4,481,100
4,317,200
4,561,900
4,828,700
4,797,900
5,187,400
5,208,700
5,414,900
5,315,700
5,159,900
5,061,300
5,571,100
5,600,400
5,954,200
6,197,300
6,567,500
6,995,900
7,810,600
7,310,700
7,468,300
7,480,600
7,763,900
7,834,100
8,233,600
8,233,6007,834,1007,763,9007,480,6007,468,3007,310,7007,810,6006,995,9006,567,5006,197,3005,954,2005,600,4005,571,1005,061,3005,159,9005,315,7005,414,9005,208,7005,187,4004,797,9004,828,7004,561,9004,317,2004,481,1004,073,2003,994,1783,858,8003,790,7003,920,0003,860,2253,634,8003,502,3003,464,1003,468,5313,270,3003,190,6003,238,1002,943,4602,804,9002,621,0002,615,0002,610,5272,570,6002,507,7002,472,3002,364,7192,257,3002,187,5002,166,8002,066,1931,889,7001,783,1621,817,9001,790,7912,205,4021,665,2001,556,7001,447,6501,332,2001,312,2001,386,3001,302,8551,311,5001,108,0681,146,0161,197,6401,150,0211,147,0141,143,6591,110,0441,046,227995,6071,006,096985,3561,070,389834,603808,092758,688580,377690,891862,528656,530613,823595,159613,213628,830581,094556,079583,256551,838544,399495,946494,180466,956438,249397,886397,363360,945316,735296,048298,004264,495222,317200,274210,679188,636250,362227,076230,34500178,463249,444
   Common Stock
0
0
0
0
0
0
0
85,182
0
0
0
86,033
0
0
0
113,057
0
0
0
114,242
0
0
0
114,646
0
0
0
114,675
0
0
0
113,206
0
0
0
113,702
0
0
0
114,950
0
0
0
115,770
0
0
0
117,789
0
117,790
0
118,862
0
0
0
118,368
0
0
0
121,332
0
123,243
0
123,093
0
0
0
125,097
2,472,300
126,354
2,570,600
126,933
2,615,000
127,832
2,804,900
128,182
3,238,100
127,993
3,270,300
128,357
3,464,100
128,757
3,634,800
128,998
3,920,000
129,912
3,858,800
130,466
4,073,200
131,200
4,317,200
131,400
4,828,700
131,800
5,187,400
132,000
5,414,900
132,300
5,159,900
132,600
5,571,100
133,000
5,954,200
133,300
6,567,500
133,400
7,810,600
133,500
7,468,300
134,100
7,763,900
133,800
8,233,600
8,233,600133,8007,763,900134,1007,468,300133,5007,810,600133,4006,567,500133,3005,954,200133,0005,571,100132,6005,159,900132,3005,414,900132,0005,187,400131,8004,828,700131,4004,317,200131,2004,073,200130,4663,858,800129,9123,920,000128,9983,634,800128,7573,464,100128,3573,270,300127,9933,238,100128,1822,804,900127,8322,615,000126,9332,570,600126,3542,472,300125,097000123,0930123,2430121,332000118,368000118,8620117,7900117,789000115,770000114,950000113,702000113,206000114,675000114,646000114,242000113,05700086,03300085,1820000000
   Retained Earnings 
171,284
193,950
0
0
0
0
0
93,454
0
0
0
163,881
0
0
244,589
212,200
246,316
267,636
309,304
286,988
326,602
348,616
346,559
339,402
371,741
356,888
380,716
428,013
433,310
440,752
0
524,902
0
605,899
0
643,327
0
0
0
775,556
0
0
0
907,746
0
0
0
1,027,361
0
1,100,581
0
1,204,039
0
0
0
1,353,453
0
0
0
1,529,721
0
1,600,016
0
1,763,065
0
0
0
2,036,065
0
0
0
2,316,293
0
0
0
2,489,667
0
0
0
2,797,556
0
2,886,870
0
3,173,639
0
3,247,390
0
3,578,991
0
3,733,500
0
3,949,300
0
4,136,400
0
4,653,200
0
4,652,000
0
5,043,700
0
5,172,700
0
5,712,500
0
5,727,300
0
6,307,800
0
6,498,400
0
7,170,100
0
07,170,10006,498,40006,307,80005,727,30005,712,50005,172,70005,043,70004,652,00004,653,20004,136,40003,949,30003,733,50003,578,99103,247,39003,173,63902,886,87002,797,5560002,489,6670002,316,2930002,036,0650001,763,06501,600,01601,529,7210001,353,4530001,204,03901,100,58101,027,361000907,746000775,556000643,3270605,8990524,9020440,752433,310428,013380,716356,888371,741339,402346,559348,616326,602286,988309,304267,636246,316212,200244,58900163,88100093,45400000193,950171,284
   Capital Surplus 00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock00000000000000000000000-543,512,6610-375,4990-301,2910-235,2390-167,9170-118,277000-226,392000-145,688000-75,686000-47,383000-9,517000-8,067000-45,313000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
78,160
-15,487
0
0
0
0
0
10,000
0
0
0
14,580
0
0
72,147
35,688
151,047
130,250
128,945
65,725
167,578
147,330
0
97,790
211,515
0
0
86,142
179,902
154,407
0
18,421
0
0
580,377
1,659
808,092
0
0
94,850
1,006,096
0
0
86,528
1,143,659
0
0
52,490
1,146,016
109,626
1,311,500
-20,046
1,386,300
1,312,200
1,332,200
-24,171
1,556,700
1,665,200
0
139,738
1,817,900
59,903
1,889,700
180,035
2,166,800
2,187,500
2,257,300
203,557
2,472,300
344,556
2,570,600
320,240
2,615,000
296,603
2,804,900
297,123
3,238,100
326,196
3,270,300
345,527
3,464,100
332,417
3,634,800
277,165
3,920,000
345,373
3,858,800
333,521
4,073,200
597,700
4,317,200
466,700
4,828,700
520,600
5,187,400
413,100
5,414,900
524,200
5,159,900
511,900
5,571,100
682,500
5,954,200
377,500
0
422,100
7,810,600
424,600
0
581,500
0
416,400
0
0416,4000581,5000424,6007,810,600422,1000377,5005,954,200682,5005,571,100511,9005,159,900524,2005,414,900413,1005,187,400520,6004,828,700466,7004,317,200597,7004,073,200333,5213,858,800345,3733,920,000277,1653,634,800332,4173,464,100345,5273,270,300326,1963,238,100297,1232,804,900296,6032,615,000320,2402,570,600344,5562,472,300203,5572,257,3002,187,5002,166,800180,0351,889,70059,9031,817,900139,73801,665,2001,556,700-24,1711,332,2001,312,2001,386,300-20,0461,311,500109,6261,146,01652,490001,143,65986,528001,006,09694,85000808,0921,659580,3770018,4210154,407179,90286,14200211,51597,7900147,330167,57865,725128,945130,250151,04735,68872,1470014,58000010,00000000-15,48778,160



Balance Sheet

Currency in EUR. All numbers in thousands.