Dynex Capital Inc
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Penke I guess you are interested in Dynex Capital Inc. 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 Dynex Capital Inc. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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

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Quick analysis of Dynex Capital Inc (30 sec.)

What can you expect buying and holding a share of Dynex Capital Inc? (30 sec.)

How much money do you get?

$1.22

When do you have the money?

1 year

How often do you get paid?

100.0%

What is your share worth?

Current worth

$14.73

Expected worth in 1 year

$14.21

How sure are you?

75.0%

+ What do you gain per year?

Total Gains per Share

$0.70

Return On Investment

6.1%

For what price can you sell your share?

Current Price per Share

$11.46

Expected price per share

$10.63 - $12.53

How sure are you?

50%

1. Valuation of Dynex Capital Inc (5 min.)

Live pricePrice per Share (EOD)

$11.46

Book Value per Share

$14.73

Intrinsic Value Per Share

$-1.56 - $17.23

Total Value Per Share

$13.16 - $31.96

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

The following numbers are based on moving averages and per share and per quarter.
I use a 6% discount rate for the low estimation and 3% for the high estimation.
The current Free Cash Flow Per Share is 10Y: ($0.78) 3Y: ($0.67) TTM: ($0.84)
The change per quarter (trend) of the Free Cash Flow Per Share is 10Y: ($-0.01) 3Y: ($-0.04) TTM: ($-0.06)

Years	Total Low est.	Total High est.	Added Free Cash Flow
1	$2.20	$2.93	$2.04 - $2.89
2	$3.71	$5.55	$1.43 - $2.66
3	$4.60	$7.88	$0.81 - $2.43
4	$4.94	$9.94	$0.19 - $2.20
5	$4.80	$11.73	$-0.43 - $1.97
6	$4.21	$13.28	$-1.05 - $1.74
7	$3.24	$14.59	$-1.66 - $1.51
8	$1.93	$15.68	$-2.28 - $1.28
9	$0.31	$16.55	$-2.90 - $1.04
10	$-1.56	$17.23	$-3.52 - $0.81

2. Growth of Dynex Capital Inc (5 min.)

Is Dynex Capital Inc growing?

	Current year	Previous year	Grow	Grow %
How rich?	$870.7m	$825.1m	$2.4b	75.0%

How much money is Dynex Capital Inc making?

	Current year	Previous year	Grow	Grow %
Making money	-$1.3m	$26.3m	-$27.7m	-2,003.3%
Net Profit Margin	79.7%	94.1%	-	-

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

Quarterly Yearly

3. Financial Health of Dynex Capital Inc (5 min.)

What can you expect buying and holding a share of Dynex Capital Inc? (5 min.)

Welcome investor! Dynex Capital Inc's management wants to use your money to grow the business. In return you get a share of Dynex Capital Inc.

What can you expect buying and holding a share of Dynex Capital Inc?

First you should know what it really means to hold a share of Dynex Capital Inc. And how you can make/lose money.

Speculation

The Price per Share of Dynex Capital Inc is $11.46. 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 Dynex Capital Inc.
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 Dynex Capital Inc, 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 $14.73. Based on the TTM, the Book Value Change Per Share is $-0.13 per quarter. Based on the YOY, the Book Value Change Per Share is $0.55 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 $0.30 per quarter.

Based on historical numbers we can estimate the returns while holding a share of Dynex Capital Inc.

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	0.41	3.6%	-0.05	-0.4%	0.57	5.0%	0.18	1.5%	0.13	1.1%
Usd Book Value Change Per Share	-86.71	-756.6%	-0.13	-1.1%	0.55	4.8%	0.29	2.5%	0.12	1.1%
Usd Dividend Per Share	0.41	3.5%	0.30	2.7%	0.31	2.7%	0.27	2.4%	0.25	2.2%
Usd Total Gains Per Share	-86.30	-753.1%	0.17	1.5%	0.86	7.5%	0.56	4.9%	0.37	3.3%
Usd Price Per Share	12.52	-	12.29	-	14.12	-	14.48	-	10.86	-
Price to Earnings Ratio	7.61	-	0.78	-	2.92	-	3.06	-	2.87	-
Price-to-Total Gains Ratio	-0.15	-	-7.26	-	8.97	-	45.44	-	6.92	-
Price to Book Ratio	0.85	-	0.49	-	1.02	-	1.14	-	0.97	-
Price-to-Total Gains Ratio	-0.15	-	-7.26	-	8.97	-	45.44	-	6.92	-

When do you get the money?

Usd Investment	$.00
Usd Price Per Share	11.46
Number of shares	87

Gains per Quarter	Trailing 12 Months	5 Year
Usd Dividend Per Share	0.30	0.27
Usd Book Value Change Per Share	-0.13	0.29
Usd Total Gains Per Share	0.17	0.56
Gains per Quarter (87 shares)	15.19	49.09
Gains per Year (87 shares)	60.77	196.34

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	106	-45	51	95	101	186
2	212	-90	112	190	202	382
3	317	-135	173	286	303	578
4	423	-180	234	381	404	774
5	529	-225	295	476	506	970
6	635	-270	356	571	607	1166
7	740	-315	417	667	708	1362
8	846	-360	478	762	809	1558
9	952	-405	539	857	910	1754
10	1058	-450	600	952	1011	1950

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	2.0	2.0	0.0	50.0%	8.0	4.0	0.0	66.7%	12.0	8.0	0.0	60.0%	24.0	16.0	0.0	60.0%	102.0	34.0	0.0	75.0%
Book Value Change Per Share	2.0	2.0	0.0	50.0%	8.0	4.0	0.0	66.7%	12.0	8.0	0.0	60.0%	22.0	18.0	0.0	55.0%	75.0	56.0	5.0	55.1%
Dividend per Share	4.0	0.0	0.0	100.0%	12.0	0.0	0.0	100.0%	20.0	0.0	0.0	100.0%	40.0	0.0	0.0	100.0%	125.0	0.0	11.0	91.9%
Total Gains per Share	2.0	2.0	0.0	50.0%	9.0	3.0	0.0	75.0%	16.0	4.0	0.0	80.0%	30.0	10.0	0.0	75.0%	99.0	36.0	1.0	72.8%

Fundamentals of Dynex Capital Inc

About Dynex Capital Inc

https://www.dynexcapital.com
22
4991 Lake Brook Drive, Glen Allen, VA, United States, 23060-9245
Google Maps Bing Maps

Dynex Capital, Inc., a mortgage real estate investment trust, invests in mortgage-backed securities (MBS) on a leveraged basis in the United States. It invests in agency and non-agency MBS consisting of residential MBS, commercial MBS (CMBS), and CMBS interest-only securities. Agency MBS have a guaranty of principal payment by an agency of the U.S. government or a U.S. government-sponsored entity, such as Fannie Mae and Freddie Mac. Non-Agency MBS have no such guaranty of payment. The company has qualified as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal income taxes if it distributes at least 90% of its taxable income to its stockholders as dividends. Dynex Capital, Inc. was incorporated in 1987 and is headquartered in Glen Allen, Virginia.

Fundamental data was last updated by Penke on 2024-04-13 12:32:04.

Financial Health

Profitability Details

	Compared to previous year	Compared to industry
The company is making a huge profit.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very 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 cheap.
Based on how much money comes from the company's main activities, the company is underpriced.

1.1. Profitability of Dynex Capital Inc.

1.1. Profitability

1.1.1. Net Profit Margin

Measures how much net profit Dynex Capital Inc earns for each $1 of revenue.

Above 10% is considered healthy but always compare Dynex Capital Inc to the REIT - Mortgage industry mean.
A Net Profit Margin of -15.4% means that $-0.15 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Dynex Capital Inc:

The MRQ is -15.4%. The company is making a huge loss. -2
The TTM is 79.7%. The company is making a huge profit. +2

Trends

Current period		Compared to		+/-
MRQ	-15.4%	TTM	79.7%	-95.1%
TTM	79.7%	YOY	94.1%	-14.5%
TTM	79.7%	5Y	91.8%	-12.2%
5Y	91.8%	10Y	13.6%	+78.2%

Measures how much net profit Dynex Capital Inc earns for each $1 of revenue.

Revenue is the amount of profit Dynex Capital Inc 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 Dynex Capital Inc 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 Dynex Capital Inc to the REIT - Mortgage industry mean.
Can be used to compare companies within the REIT - Mortgage industry.

You typically want a high profit margin. This means that for each $1 in sales, Dynex Capital Inc makes more profit. This shows the investor how efficiently Dynex Capital Inc is operating in general and compared to other companies in the same industry. Dynex Capital Inc operates in the REIT - Mortgage industry.

Why do investors use net profit margin in their analysis

It helps investors to determine the efficiency of Dynex Capital Inc. If profit margins remain low (compared to the REIT - Mortgage 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 Dynex Capital Inc is -0.15. This means that Dynex Capital Inc earned $-0.15 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 REIT - Mortgage industry is .
What is the trend?
The trend is important because it shows you how Dynex Capital Inc is performing over time. The most recent quarter might be important if Dynex Capital Inc 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 Dynex Capital Inc 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 Dynex Capital Inc with other companies in the same industry (REIT - Mortgage).
Net profit margin should rise over the years.
Can be influenced when Dynex Capital Inc sells assets (profit will increase while costs remain the same).
It won’t show what part of Dynex Capital Inc 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 Dynex Capital Inc

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 Dynex Capital Inc = 24,305
Total revenue MRQ Dynex Capital Inc = -157,415
$24,305 / $-157,415 = -0.15 or -15.4%

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 Dynex Capital Inc is using its assets to generate profit.

Above 5% is considered healthy but always compare Dynex Capital Inc to the REIT - Mortgage industry mean.
0.4% Return on Assets means that Dynex Capital Inc generated $0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Dynex Capital Inc:

The MRQ is 0.4%. Using its assets, the company is inefficient in making profit. -1
The TTM is -0.1%. Using its assets, the company is very inefficient in making profit. -2

Trends

Current period		Compared to		+/-
MRQ	0.4%	TTM	-0.1%	+0.5%
TTM	-0.1%	YOY	0.8%	-0.9%
TTM	-0.1%	5Y	0.5%	-0.6%
5Y	0.5%	10Y	0.3%	+0.1%

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

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

Income statement
Balance sheet

Net income MRQ (income statement) from Dynex Capital Inc = 24,305
Total assets MRQ (balance sheet) from Dynex Capital Inc = 6,369,750
24,305 / 6,369,750 = 0.00 or 0.4%

ROA is an important ratio as it will tell you how effectively Dynex Capital Inc 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 Dynex Capital Inc is using its investors money to generate profit.

Above 15%-20% is considered healthy but always compare Dynex Capital Inc to the REIT - Mortgage industry mean.
2.8% Return on Equity means Dynex Capital Inc generated $0.03 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Dynex Capital Inc:

The MRQ is 2.8%. Using its investors money, the company is inefficient in making profit. -1
The TTM is -0.3%. Using its investors money, the company is very inefficient in making profit. -2

Trends

Current period		Compared to		+/-
MRQ	2.8%	TTM	-0.3%	+3.1%
TTM	-0.3%	YOY	3.2%	-3.5%
TTM	-0.3%	5Y	1.5%	-1.8%
5Y	1.5%	10Y	1.4%	+0.1%

Shows how efficient Dynex Capital Inc 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 Dynex Capital Inc to the REIT - Mortgage 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 REIT - Mortgage 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 Dynex Capital Inc is 2.8%. This means Dynex Capital Inc generated $0.03 for each $1 the owners (shareholders) invested.
How does it compare to the industry?
The mean MRQ Return on Equity of the REIT - Mortgage industry is .
What is the trend?
The trend is important because it shows you how Dynex Capital Inc is performing over time. The most recent quarter might be important if Dynex Capital Inc 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 Dynex Capital Inc up to 10 years back (depending if Dynex Capital Inc 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 Dynex Capital Inc

You need the following data to determine ROE:

Income statement
Balance sheet
Net profit MRQ (income statement) Dynex Capital Inc = 24,305
Shareholders equity (balance sheet) MRQ Dynex Capital Inc = 870,735
24,305 / 870,735 = 0.03 or 2.8%

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

1.2. Operating Efficiency of Dynex Capital Inc.

1.2. Operating Efficiency

1.2.1. Operating Margin

Measures how efficient Dynex Capital Inc is operating .

Measures how much profit Dynex Capital Inc 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 Dynex Capital Inc to the REIT - Mortgage industry mean.
An Operating Margin of -62.1% means the company generated $-0.62 for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Dynex Capital Inc:

The MRQ is -62.1%. The company is operating very inefficient. -2
The TTM is 45.9%. The company is operating very efficient. +2

Trends

Current period		Compared to		+/-
MRQ	-62.1%	TTM	45.9%	-108.0%
TTM	45.9%	YOY	102.5%	-56.6%
TTM	45.9%	5Y	80.2%	-34.3%
5Y	80.2%	10Y	145.5%	-65.3%

Measures how efficient Dynex Capital Inc 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 Dynex Capital Inc to the REIT - Mortgage 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 Dynex Capital Inc 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 Dynex Capital Inc is -62.1%. This means that Dynex Capital Inc earned $-0.62 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Margin of the REIT - Mortgage industry is .
What is the trend?
The trend is important because it shows you how Dynex Capital Inc is performing over time. The most recent quarter might be important if Dynex Capital Inc 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 Dynex Capital Inc 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 Dynex Capital Inc

You need the following data to determine operating margin:

Income statement
Operating earnings MRQ Dynex Capital Inc = 97,769
Total revenue MRQ Dynex Capital Inc = -157,415
$97,769 / $-157,415 = -0.62 or -62.1%

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 Dynex Capital Inc is keeping operating costs low.

Below 1 is considered healthy (always compare to REIT - Mortgage industry mean).
An Operation Ratio of 1.62 means that the operating costs are $1.62 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Dynex Capital Inc:

The MRQ is 1.618. The company is inefficient in keeping operating costs low. -1
The TTM is -0.231.

Trends

Current period		Compared to		+/-
MRQ	1.618	TTM	-0.231	+1.849
TTM	-0.231	YOY	-0.094	-0.137
TTM	-0.231	5Y	-0.088	-0.143
5Y	-0.088	10Y	0.854	-0.942

Measures how efficient Dynex Capital Inc 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 Dynex Capital Inc to the REIT - Mortgage 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 Dynex Capital Inc is 161.8%. This means that Dynex Capital Inc earned $1.62 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 REIT - Mortgage industry is .
What is the trend?
The trend is important because it shows you how Dynex Capital Inc is performing over time. The most recent quarter might be important if Dynex Capital Inc 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 Dynex Capital Inc 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 Dynex Capital Inc

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
(490 +-255,184) \ -157,415 = 1.62

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 Dynex Capital Inc.

1.3. Liquidity

1.3.1. Current Ratio

Measures if Dynex Capital Inc is able to pay off Short-term Debt.

Above 1.5 is considered healthy (always compare to REIT - Mortgage industry mean).
A Current Ratio of 0.03 means the company has $0.03 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Dynex Capital Inc:

The MRQ is 0.027. The company is unable to pay all its short-term debts. -2
The TTM is 9.906. The company is very able to pay all its short-term debts. +2

Trends

Current period		Compared to		+/-
MRQ	0.027	TTM	9.906	-9.879
TTM	9.906	YOY	144.601	-134.695
TTM	9.906	5Y	191.368	-181.462
5Y	191.368	10Y	112.166	+79.201

Measures if Dynex Capital Inc 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 REIT - Mortgage 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 Dynex Capital Inc 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 Dynex Capital Inc is 0.03. This means Dynex Capital Inc has $0.03 in assets for each $1 in short-term debts.
How does it compare to the industry?
The mean MRQ Current Ratio of the REIT - Mortgage industry is .
What is the trend?
The trend is important because it shows you how Dynex Capital Inc is performing over time. The most recent quarter might be important if Dynex Capital Inc 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 Dynex Capital Inc 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 Dynex Capital Inc

You need the following data to determine operating ratio:

Balance sheet
Current ratio = current assets \ current liabilities
146,952 \ 5,381,104) = 0.03

The current ratio measures if Dynex Capital Inc 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 Dynex Capital Inc 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 Dynex Capital Inc 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 Dynex Capital Inc 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 Dynex Capital Inc is able to pay off Short-term Debt but only using the most liquid assets.

Above 1 is considered healthy but always compare Dynex Capital Inc to the REIT - Mortgage industry mean.
A Quick Ratio of 0.03 means the company can pay off $0.03 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Dynex Capital Inc:

The MRQ is 0.028. The company is just not able to pay all its short-term debts with the most liquid assets. -1
The TTM is 12.921. The company is very able to pay all its short-term debts with the most liquid assets. +2

Trends

Current period		Compared to		+/-
MRQ	0.028	TTM	12.921	-12.893
TTM	12.921	YOY	174.664	-161.743
TTM	12.921	5Y	608.658	-595.736
5Y	608.658	10Y	391.619	+217.039

Measures if Dynex Capital Inc 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 Dynex Capital Inc to the REIT - Mortgage 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 Dynex Capital Inc can pay off its short term debts. This shows if Dynex Capital Inc 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 Dynex Capital Inc is 0.03. This means that Dynex Capital Inc can pay off $0.03 for each $1 in debt (using most liquid assets).
How does it compare to the industry?
The mean MRQ Quick Ratio of the REIT - Mortgage industry is .
What is the trend?
The trend is important because it shows you how Dynex Capital Inc is performing over time. The most recent quarter might be important if Dynex Capital Inc 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 Dynex Capital Inc 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 Dynex Capital Inc

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 Dynex Capital Inc: (119,639 + 0 +30,040) / 5,381,104 = 0.03

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 Dynex Capital Inc.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Measures how much % of Dynex Capital Inc assets are financed with debt.

Below 1 (100%) is considered healthy but always compare Dynex Capital Inc to REIT - Mortgage industry mean.
A Debt to Asset Ratio of 0.86 means that Dynex Capital Inc assets are financed with 86.3% credit (debt) and the remaining percentage (100% - 86.3%) is financed by its owners/shareholders.

Let's take a look of the Debt to Asset Ratio trends of Dynex Capital Inc:

The MRQ is 0.863. The company is just able to pay all its debts by selling its assets.
The TTM is 0.414. The company is very able to pay all its debts by selling its assets. +2

Trends

Current period		Compared to		+/-
MRQ	0.863	TTM	0.414	+0.449
TTM	0.414	YOY	0.773	-0.359
TTM	0.414	5Y	0.738	-0.324
5Y	0.738	10Y	0.793	-0.055

Measures how much % of Dynex Capital Inc assets are financed with debt.

When there are more debts than assets, that means creditors have a larger stake Dynex Capital Inc than its shareholders.

How to use debt to asset ratio

Lower is better.
below 1 (100%) is considered healthy but always compare Dynex Capital Inc to REIT - Mortgage 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 Dynex Capital Inc is 0.86. This means means that Dynex Capital Inc is financed with 86.3% 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 REIT - Mortgage industry is .
What is the trend?
The trend is important because it shows you how Dynex Capital Inc is performing over time. The most recent quarter might be important if Dynex Capital Inc 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 Dynex Capital Inc 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 Dynex Capital Inc has so much debt.

How to calculate debt to asset ratio

Debt to asset ratio = total debt \ total assets

Real life example Dynex Capital Inc

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

Balance sheet
Debt to asset ratio = total debt \ total assets
5,499,015 \ 6,369,750 = 86.3% or 0.86.

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 Dynex Capital Inc is able to pay off its debts by using shareholders equity.

Below 2 is considered healthy but always compare Dynex Capital Inc to the REIT - Mortgage industry mean.
A Debt to Equity ratio of 631.5% means that company has $6.32 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Dynex Capital Inc:

The MRQ is 6.315. The company is unable to pay all its debts with equity. -1
The TTM is 2.484. The company is just not able to pay all its debts with equity.

Trends

Current period		Compared to		+/-
MRQ	6.315	TTM	2.484	+3.832
TTM	2.484	YOY	3.488	-1.005
TTM	2.484	5Y	4.657	-2.173
5Y	4.657	10Y	5.164	-0.507

Measures if Dynex Capital Inc 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 Dynex Capital Inc 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 Dynex Capital Inc is 6.32. This means that Dynex Capital Inc can pay off $6.32 for each $1 in debt.
How does it compare to the industry?
The mean MRQ Quick Ratio of the REIT - Mortgage industry is .
What is the trend?
The trend is important because it shows you how Dynex Capital Inc is performing over time. The most recent quarter might be important if Dynex Capital Inc 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 Dynex Capital Inc 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 Dynex Capital Inc

You need the following data to determine equity ratio:

Balance sheet
Debt to equity ratio = total debt \ shareholders equity
5,499,015 \ 870,735 = 6.32 or 631.5%

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 Dynex Capital Inc

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 Dynex Capital Inc generates.

Above 15 is considered overpriced but always compare Dynex Capital Inc to the REIT - Mortgage industry mean.
A PE ratio of 7.61 means the investor is paying $7.61 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Dynex Capital Inc:

The EOD is 6.970. Based on the earnings, the company is cheap. +2
The MRQ is 7.615. Based on the earnings, the company is underpriced. +1
The TTM is 0.784. Based on the earnings, the company is cheap. +2

Trends

Current period		Compared to		+/-
EOD	6.970	MRQ	7.615	-0.645
MRQ	7.615	TTM	0.784	+6.831
TTM	0.784	YOY	2.916	-2.132
TTM	0.784	5Y	3.057	-2.273
5Y	3.057	10Y	2.872	+0.185

Measures how much money you pay for each share for every $1 in earnings Dynex Capital Inc 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 Dynex Capital Inc to the REIT - Mortgage 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 Dynex Capital Inc is 7.61. This means the investor is paying $7.61 for every $1 in earnings.
How does it compare to the industry?
The mean MRQ Quick Ratio of the REIT - Mortgage industry is .
What is the trend?
The trend is important because it shows you how Dynex Capital Inc is performing over time. The most recent quarter might be important if Dynex Capital Inc 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 Dynex Capital Inc 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 Dynex Capital Inc

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 \ 57,304 = EPS
PE ratio MRQ = 7.61

* 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 Dynex Capital Inc:

The EOD is 10.223. Based on how much money comes from the company's main activities, the company is cheap. +2
The MRQ is 11.169. Based on how much money comes from the company's main activities, the company is cheap. +2
The TTM is 16.556. Based on how much money comes from the company's main activities, the company is underpriced. +1

Trends

Current period		Compared to		+/-
EOD	10.223	MRQ	11.169	-0.946
MRQ	11.169	TTM	16.556	-5.387
TTM	16.556	YOY	6.608	+9.948
TTM	16.556	5Y	8.000	+8.556
5Y	8.000	10Y	5.044	+2.956

2. Book Value per Share

2.3. Price to Book Ratio

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

At or below 1 is considered healthy (always compare to REIT - Mortgage industry mean).
A PB ratio of 0.85 means the investor is paying $0.85 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Dynex Capital Inc:

The EOD is 0.778. Based on the equity, the company is cheap. +2
The MRQ is 0.850. Based on the equity, the company is cheap. +2
The TTM is 0.485. Based on the equity, the company is cheap. +2

Trends

Current period		Compared to		+/-
EOD	0.778	MRQ	0.850	-0.072
MRQ	0.850	TTM	0.485	+0.365
TTM	0.485	YOY	1.016	-0.531
TTM	0.485	5Y	1.141	-0.656
5Y	1.141	10Y	0.967	+0.174

2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Dynex Capital Inc.

3.1. Institutions holding Dynex Capital Inc

Institutions are holding 40.382% of the shares of Dynex Capital Inc.

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2023-12-31	BlackRock Inc	8.7662	0.0016	5132117	432384	9.2002
2023-12-31	Vanguard Group Inc	5.1261	0.0008	3001048	82388	2.8228
2023-12-31	Victory Capital Management Inc.	2.7745	0.0214	1624319	43862	2.7753
2023-12-31	State Street Corporation	2.1893	0.0008	1281705	108702	9.267
2023-12-31	Geode Capital Management, LLC	2.0809	0.0016	1218276	112927	10.2164
2023-12-31	Mirae Asset Global Investments (Korea) Co Ltd	1.9251	0.0287	1127014	516898	84.7213
2023-12-31	Amvescap Plc.	1.7692	0.0031	1035767	47196	4.7742
2023-09-30	Citadel Advisors Llc	1.0273	0.0015	601443	-312148	-34.1671
2023-12-31	Morgan Stanley - Brokerage Accounts	0.9719	0.0006	569019	87267	18.1145
2023-12-31	Northern Trust Corp	0.8785	0.0012	514323	18995	3.8348
2023-12-31	Peregrine Capital Management,LLC	0.8633	0.1902	505388	-166796	-24.814
2023-12-31	Charles Schwab Investment Management Inc	0.7523	0.0014	440437	23000	5.5098
2023-12-31	Van Eck Associates Corporation	0.6901	0.0092	404037	24210	6.374
2023-12-31	JPMorgan Chase & Co	0.5601	0.0004	327923	-126091	-27.7725
2023-12-31	Centaurus Financial Inc	0.541	0.3013	316740	-22889	-6.7394
2023-12-31	Renaissance Technologies Corp	0.5025	0.0057	294200	90700	44.57
2023-12-31	State of New Jersey Common Pension Fd D	0.3813	0.0094	223239	30164	15.6229
2023-12-31	Goldman Sachs Group Inc	0.3207	0.0002	187776	-48105	-20.3938
2023-12-31	AXS Investments LLC	0.3187	0.56	186558	-43406	-18.8751
2023-12-31	Bank of New York Mellon Corp	0.3126	0.0005	183024	-6000	-3.1742
Total		32.7516	1.1396	19174353	+893258	+4.7%

3.2. Funds holding Dynex Capital Inc

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2024-02-29	Vanguard Total Stock Mkt Idx Inv	2.8991	0.0014	1714216	-16450	-0.9505
2024-03-28	iShares Russell 2000 ETF	2.3883	0.0269	1412225	26107	1.8835
2024-03-28	Invesco KBW High Dividend Yld Fincl ETF	1.5506	3.0651	916880	0	0
2023-12-31	Victory Integrity Small-Cap Value A	1.3957	0.6677	825300	20600	2.56
2023-12-31	Integrity Small-Cap Value Comp	1.3957	0.6709	825300	20600	2.56
2024-03-28	iShares Mortgage Real Estate Capped ETF	1.3786	1.6396	815193	-4587	-0.5595
2024-02-29	Vanguard Institutional Extnd Mkt Idx Tr	1.3526	0.0097	799763	-1096	-0.1369
2024-03-28	Global X SuperDividend® REIT ETF	1.0327	3.5286	610635	0	0
2024-03-28	Global X SuperDividend™ ETF	1.0117	0.981	598204	0	0
2024-01-31	Fidelity Small Cap Index	0.981	0.0286	580062	10112	1.7742
2024-03-28	iShares Russell 2000 Value ETF	0.8987	0.0528	531413	-337	-0.0634
2024-03-29	VanEck Mortgage REIT Income ETF	0.7176	2.0028	424321	0	0
2024-02-29	Fidelity Extended Market Index	0.5702	0.0108	337133	-1633	-0.482
2024-02-29	State St Russell Sm/Mid Cp® Indx NL Cl C	0.5637	0.0099	333299	8500	2.617
2024-03-29	Schwab US Small-Cap ETF™	0.4519	0.0195	267196	0	0
2023-12-31	Empower Small Cap Value/Integrity SP	0.4093	0.6565	242000	23000	10.5023
2024-02-29	Vanguard Russell 2000 ETF	0.3472	0.0266	205308	16020	8.4633
2024-03-31	State St Russell Sm Cap® Indx SL Cl I	0.3423	0.0259	202409	0	0
2024-03-28	AXS Real Estate Income ETF	0.3095	4.4353	182985	0	0
2023-12-31	AlphaCentric Strategic Income I	0.3069	3.9123	181492	0	0
Total		20.3033	21.7719	12005334	+100836	+0.8%

3.3. Insider Transactions

Insiders are holding 1.877% of the shares of Dynex Capital Inc.

Date	Owner	Type	Amount	Price
2023-03-14	Robert S Colligan	BUY	8000	12.16
2022-10-25	Byron L Boston	BUY	12000	10.92
2022-08-23	Robert S Colligan	BUY	10000	15.84
2022-08-22	Byron L Boston	BUY	1928	15.54
2022-06-13	Byron L Boston	BUY	6562	15.25
2022-05-17	Byron L Boston	BUY	1167	16.27
2022-05-13	Byron L Boston	BUY	2000	16
2022-02-24	Jeffrey L Childress	BUY	100	24.75
2022-02-04	Byron L Boston	BUY	12600	15.98

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Dynex Capital Inc 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	-	-	-86.706	-0.129	-100%	0.550	-15869%	0.291	-29944%	0.120	-72092%
Book Value Per Share	-	-	14.726	55.874	-74%	13.955	+6%	20.526	-28%	14.830	-1%
Current Ratio	-	-	0.027	9.906	-100%	144.601	-100%	191.368	-100%	112.166	-100%
Debt To Asset Ratio	-	-	0.863	0.414	+109%	0.773	+12%	0.738	+17%	0.793	+9%
Debt To Equity Ratio	-	-	6.315	2.484	+154%	3.488	+81%	4.657	+36%	5.164	+22%
Dividend Per Share	-	-	0.406	0.304	+34%	0.306	+33%	0.274	+48%	0.254	+60%
Eps	-	-	0.411	-0.050	+112%	0.573	-28%	0.177	+133%	0.126	+226%
Free Cash Flow Per Share	-	-	0.280	0.840	-67%	0.534	-48%	0.695	-60%	0.782	-64%
Free Cash Flow To Equity Per Share	-	-	6.382	8.773	-27%	0.397	+1506%	1.950	+227%	1.184	+439%
Gross Profit Margin	-	-	1.000	1.000	0%	1.000	0%	1.000	0%	1.000	0%
Intrinsic Value_10Y_max	-	-	17.232	-	-	-	-	-	-	-	-
Intrinsic Value_10Y_min	-	-	-1.562	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_max	-	-	2.928	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_min	-	-	2.197	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_max	-	-	7.881	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_min	-	-	4.601	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_max	-	-	11.731	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_min	-	-	4.796	-	-	-	-	-	-	-	-
Market Cap	677627508.000	-9%	740305096.000	726853066.500	+2%	835060600.500	-11%	856051679.500	-14%	641913108.800	+15%
Net Profit Margin	-	-	-0.154	0.797	-119%	0.941	-116%	0.918	-117%	0.136	-213%
Operating Margin	-	-	-0.621	0.459	-235%	1.025	-161%	0.802	-177%	1.455	-143%
Operating Ratio	-	-	1.618	-0.231	+114%	-0.094	+106%	-0.088	+105%	0.854	+89%
Pb Ratio	0.778	-9%	0.850	0.485	+75%	1.016	-16%	1.141	-26%	0.967	-12%
Pe Ratio	6.970	-9%	7.615	0.784	+871%	2.916	+161%	3.057	+149%	2.872	+165%
Price Per Share	11.460	-9%	12.520	12.293	+2%	14.123	-11%	14.478	-14%	10.856	+15%
Price To Free Cash Flow Ratio	10.223	-9%	11.169	16.556	-33%	6.608	+69%	8.000	+40%	5.044	+121%
Price To Total Gains Ratio	-0.133	+8%	-0.145	-7.256	+4901%	8.969	-102%	45.445	-100%	6.917	-102%
Quick Ratio	-	-	0.028	12.921	-100%	174.664	-100%	608.658	-100%	391.619	-100%
Return On Assets	-	-	0.004	-0.001	+127%	0.008	-49%	0.005	-17%	0.003	+14%
Return On Equity	-	-	0.028	-0.003	+111%	0.032	-12%	0.015	+88%	0.014	+107%
Total Gains Per Share	-	-	-86.300	0.175	-49518%	0.856	-10184%	0.564	-15396%	0.375	-23122%
Usd Book Value	-	-	870735000.000	3303834500.000	-74%	825148500.000	+6%	1213672800.000	-28%	876884475.000	-1%
Usd Book Value Change Per Share	-	-	-86.706	-0.129	-100%	0.550	-15869%	0.291	-29944%	0.120	-72092%
Usd Book Value Per Share	-	-	14.726	55.874	-74%	13.955	+6%	20.526	-28%	14.830	-1%
Usd Dividend Per Share	-	-	0.406	0.304	+34%	0.306	+33%	0.274	+48%	0.254	+60%
Usd Eps	-	-	0.411	-0.050	+112%	0.573	-28%	0.177	+133%	0.126	+226%
Usd Free Cash Flow	-	-	16571000.000	49687750.000	-67%	31588000.000	-48%	41068550.000	-60%	46210800.000	-64%
Usd Free Cash Flow Per Share	-	-	0.280	0.840	-67%	0.534	-48%	0.695	-60%	0.782	-64%
Usd Free Cash Flow To Equity Per Share	-	-	6.382	8.773	-27%	0.397	+1506%	1.950	+227%	1.184	+439%
Usd Market Cap	677627508.000	-9%	740305096.000	726853066.500	+2%	835060600.500	-11%	856051679.500	-14%	641913108.800	+15%
Usd Price Per Share	11.460	-9%	12.520	12.293	+2%	14.123	-11%	14.478	-14%	10.856	+15%
Usd Profit	-	-	24305000.000	-1386500.000	+106%	26389250.000	-8%	11356700.000	+114%	8887475.000	+173%
Usd Revenue	-	-	-157415000.000	-40944750.000	-74%	44250000.000	-456%	10188700.000	-1645%	10958400.000	-1536%
Usd Total Gains Per Share	-	-	-86.300	0.175	-49518%	0.856	-10184%	0.564	-15396%	0.375	-23122%
	EOD	+5 -3	MRQ	TTM	+12 -23	YOY	+9 -26	5Y	+10 -25	10Y	+13 -22

4.2. Fundamental Score

Let's check the fundamental score of Dynex Capital Inc based on Penke's default stock scanner.

Penke's Stock Scanner

Indicator	Condition		Value
Price to Earnings Ratio (EOD)	Between	0-15	6.970
Price to Book Ratio (EOD)	Between	0-1	0.778
Net Profit Margin (MRQ)	Greater than	0	-0.154
Operating Margin (MRQ)	Greater than	0	-0.621
Quick Ratio (MRQ)	Greater than	1	0.028
Current Ratio (MRQ)	Greater than	1	0.027
Debt to Asset Ratio (MRQ)	Less than	1	0.863
Debt to Equity Ratio (MRQ)	Less than	1	6.315
Return on Equity (MRQ)	Greater than	0.15	0.028
Return on Assets (MRQ)	Greater than	0.05	0.004
Total			3/10 (30.0%)

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4.3. Technical Score

Let's check the technical score of Dynex Capital Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Open	Greater than	Close	11.590
Total			1/1 (100.0%)

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.
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Reversals in quarterly reports

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

	2022-12-31		2023-03-31		2023-06-30		2023-09-30		2023-12-31
Current Deferred Revenue	-2,627,955	-296,363	-2,924,318	-1,243,789	-4,168,107	-790,955	-4,959,062	10,286,972	5,327,910
Long-term Assets Other	-2,810,957	2,527,143	-283,814	-334,389	-618,203	313,999	-304,204	312,741	8,537
Net Working Capital	341,193	-57,737	283,456	5,846	289,302	-34,546	254,756	-5,488,908	-5,234,152
Depreciation and Amortization	645	-60	585	23	608	-62	546	-71,734	-71,188
Total Operating Expenses	15,545	-8,173	7,372	-175	7,197	644	7,841	-263,025	-255,184

Latest Balance Sheet

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

Summary

Total Assets	6,369,750
Total Liabilities	5,499,015
Total Stockholder Equity	870,735

	As reported
Total Liabilities	5,499,015
Total Stockholder Equity	+ 870,735
Total Assets	= 6,369,750

Assets

Total Assets	6,369,750
Total Current Assets	146,952
Long-term Assets	6,101,846

Total Current Assets

Total Current Assets (as reported)	146,952
Cash And Cash Equivalents	119,639
Net Receivables	30,040
Total Current Assets (calculated)	149,679
+/-	2,727

Long-term Assets

Long-term Assets (as reported)	6,101,846
Long Term Investments	158,201
Other Assets	120,952
Long-term Assets (calculated)	279,153
+/-	5,822,693

Liabilities & Shareholders' Equity

Total Current Liabilities	5,381,104
Long-term Liabilities	71,956
Total Stockholder Equity	870,735

Total Current Liabilities

Total Current Liabilities (as reported)	5,381,104
Short-term Debt	5,381,104
Accounts payable	53,194
Other Current Liabilities	-5,381,104
Total Current Liabilities (calculated)	53,194
+/-	5,327,910

Long-term Liabilities

Long-term Liabilities (as reported)	71,956
Long-term Liabilities (calculated)	0
+/-	71,956

Total Stockholder Equity

Total Stockholder Equity (as reported)	870,735
Common Stock	570
Retained Earnings	-483,607
Other Stockholders Equity	1,404,431
Total Stockholder Equity (calculated)	921,394
+/-	50,659

Other

Capital Stock	108,413
Cash and Short Term Investments	119,639
Common Stock Shares Outstanding	57,304
Current Deferred Revenue	5,327,910
Liabilities and Stockholders Equity	6,369,750
Net Debt	5,261,465
Net Working Capital	-5,234,152
Short Long Term Debt Total	5,381,104

Balance Sheet

Currency in USD. All numbers in thousands.

Trend

2023-12-31

2023-09-30

2023-06-30

2023-03-31

2022-12-31

2022-09-30

2022-06-30

2022-03-31

2021-12-31

2021-09-30

2021-06-30

2021-03-31

2020-12-31

2020-09-30

2020-06-30

2020-03-31

2019-12-31

2019-09-30

2019-06-30

2019-03-31

2018-12-31

2018-09-30

2018-06-30

2018-03-31

2017-12-31

2017-09-30

2017-06-30

2017-03-31

2016-12-31

2016-09-30

2016-06-30

2016-03-31

2015-12-31

2015-09-30

2015-06-30

2015-03-31

2014-12-31

2014-09-30

2014-06-30

2014-03-31

2013-12-31

2013-09-30

2013-06-30

2013-03-31

2012-12-31

2012-09-30

2012-06-30

2012-03-31

2011-12-31

2011-09-30

2011-06-30

2011-03-31

2010-12-31

2010-09-30

2010-06-30

2010-03-31

2009-12-31

2009-09-30

2009-06-30

2009-03-31

2008-12-31

2008-09-30

2008-06-30

2008-03-31

2007-12-31

2007-09-30

2007-06-30

2007-03-31

2006-12-31

2006-09-30

2006-06-30

2006-03-31

2005-12-31

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

1989-03-31

1988-03-31

> Total Assets

0
0
1,434,200
1,288,000
1,269,200
1,412,300
1,560,200
1,582,400
1,636,000
1,831,000
1,866,200
1,971,500
2,211,900
2,264,300
2,512,700
2,685,400
3,168,400
3,726,800
3,533,900
3,427,300
3,746,200
3,600,600
3,230,300
3,336,000
3,464,500
3,490,000
3,490,000
4,220,500
4,513,400
3,987,500
3,949,900
5,038,800
4,880,000
5,378,200
6,116,400
6,070,600
5,669,900
5,178,800
4,906,000
4,709,500
4,678,400
4,190,896
4,190,896
3,616,681
3,363,473
3,159,596
3,159,596
2,793,410
2,633,650
2,500,812
2,349,247
2,482,516
2,337,620
2,238,304
2,136,578
2,046,977
1,952,797
1,865,235
1,799,493
1,744,435
1,618,205
1,400,934
1,400,934
931,268
872,325
805,976
766,964
744,492
479,675
466,557
466,557
444,578
384,388
374,758
388,451
478,191
603,093
607,191
734,556
818,532
872,546
958,062
994,458
983,438
1,091,835
1,649,584
2,359,816
2,656,703
2,633,686
2,582,193
3,349,056
3,729,197
4,405,030
4,280,229
4,628,113
4,749,271
4,319,644
4,217,137
4,144,282
4,115,918
3,813,511
3,688,311
4,075,511
4,169,042
3,928,201
3,670,048
3,584,088
3,469,073
3,343,556
3,397,731
3,339,874
3,060,220
3,143,278
3,305,778
3,205,672
3,082,777
3,448,179
3,886,089
5,035,133
5,868,885
5,487,401
5,370,604
5,374,218
3,897,628
3,215,039
3,087,754
2,901,108
3,474,295
3,354,110
3,692,775
3,849,222
3,204,337
4,049,565
3,605,234
3,869,858
5,525,955
6,040,782
6,369,750

6,369,750

6,040,782

5,525,955

3,869,858

3,605,234

4,049,565

3,204,337

3,849,222

3,692,775

3,354,110

3,474,295

2,901,108

3,087,754

3,215,039

3,897,628

5,374,218

5,370,604

5,487,401

5,868,885

5,035,133

3,886,089

3,448,179

3,082,777

3,205,672

3,305,778

3,143,278

3,060,220

3,339,874

3,397,731

3,343,556

3,469,073

3,584,088

3,670,048

3,928,201

4,169,042

4,075,511

3,688,311

3,813,511

4,115,918

4,144,282

4,217,137

4,319,644

4,749,271

4,628,113

4,280,229

4,405,030

3,729,197

3,349,056

2,582,193

2,633,686

2,656,703

2,359,816

1,649,584

1,091,835

983,438

994,458

958,062

872,546

818,532

734,556

607,191

603,093

478,191

388,451

374,758

384,388

444,578

466,557

479,675

744,492

766,964

805,976

872,325

931,268

1,400,934

1,618,205

1,744,435

1,799,493

1,865,235

1,952,797

2,046,977

2,136,578

2,238,304

2,337,620

2,482,516

2,349,247

2,500,812

2,633,650

2,793,410

3,159,596

3,363,473

3,616,681

4,190,896

4,678,400

4,709,500

4,906,000

5,178,800

5,669,900

6,070,600

6,116,400

5,378,200

4,880,000

5,038,800

3,949,900

3,987,500

4,513,400

4,220,500

3,490,000

3,464,500

3,336,000

3,230,300

3,600,600

3,746,200

3,427,300

3,533,900

3,726,800

3,168,400

2,685,400

2,512,700

2,264,300

2,211,900

1,971,500

1,866,200

1,831,000

1,636,000

1,582,400

1,560,200

1,412,300

1,269,200

1,288,000

1,434,200

> Total Current Assets

0
0
3,500
2,600
2,800
3,900
9,300
5,000
4,500
6,500
5,900
7,000
9,600
9,500
10,200
12,200
13,200
15,000
20,900
24,000
22,100
25,300
18,700
19,200
19,300
0
37,100
33,900
23,900
19,500
17,000
16,600
17,700
23,900
28,800
25,600
24,700
34,300
32,000
37,700
52,700
0
50,809
10,162
28,974
0
27,096
7,231
18,096
7,167
4,466
32,873
6,416
15,242
6,795
13,852
9,208
7,386
5,279
22,905
40,392
0
52,522
23,789
19,214
45,235
23,290
47,692
52,285
0
56,880
62,556
35,447
35,352
37,935
42,501
16,411
24,335
0
32,200
21,749
34,756
34,984
35,322
21,326
18,836
59,403
45,355
22,509
48,776
57,703
72,314
56,814
55,809
69,049
53,647
61,775
69,330
84,555
59,314
77,625
43,944
61,360
77,778
33,552
33,935
105,091
116,516
92,907
74,120
88,792
120,158
136,969
40,867
50,985
184,452
74,826
34,598
81,977
75,248
65,875
62,582
74,515
163,863
174,237
295,602
344,416
363,437
396,548
382,978
474,362
341,292
279,548
357,643
296,262
323,096
297,924
146,952

146,952

297,924

323,096

296,262

357,643

279,548

341,292

474,362

382,978

396,548

363,437

344,416

295,602

174,237

163,863

74,515

62,582

65,875

75,248

81,977

34,598

74,826

184,452

50,985

40,867

136,969

120,158

88,792

74,120

92,907

116,516

105,091

33,935

33,552

77,778

61,360

43,944

77,625

59,314

84,555

69,330

61,775

53,647

69,049

55,809

56,814

72,314

57,703

48,776

22,509

45,355

59,403

18,836

21,326

35,322

34,984

34,756

21,749

32,200

24,335

16,411

42,501

37,935

35,352

35,447

62,556

56,880

52,285

47,692

23,290

45,235

19,214

23,789

52,522

40,392

22,905

5,279

7,386

9,208

13,852

6,795

15,242

6,416

32,873

4,466

7,167

18,096

7,231

27,096

28,974

10,162

50,809

52,700

37,700

32,000

34,300

24,700

25,600

28,800

23,900

17,700

16,600

17,000

19,500

23,900

33,900

37,100

19,300

19,200

18,700

25,300

22,100

24,000

20,900

15,000

13,200

12,200

10,200

9,500

9,600

7,000

5,900

6,500

4,500

5,000

9,300

3,900

2,800

2,600

3,500

Cash And Cash Equivalents

0
0
600
500
500
300
4,800
500
100
800
100
300
3,200
1,100
500
2,200
900
1,500
7,400
8,900
3,600
6,300
2,700
3,200
3,400
22,200
22,200
20,900
13,800
11,400
8,400
7,900
8,300
18,300
16,300
20,400
17,500
30,100
28,700
34,900
49,600
48,601
48,601
8,923
28,690
26,773
26,773
7,164
18,071
7,129
4,466
32,873
6,416
15,242
6,795
13,852
9,208
7,386
5,279
22,905
40,392
52,522
52,522
23,789
19,214
45,235
23,290
47,692
52,285
56,880
56,880
62,556
35,447
35,352
37,935
42,501
16,411
24,335
21,841
32,200
21,749
30,173
30,714
30,279
17,194
18,836
49,840
33,975
10,156
48,776
41,724
53,763
34,723
55,809
44,129
29,343
39,608
69,330
61,168
36,837
56,639
43,944
38,504
56,463
12,636
33,935
82,940
96,897
73,406
74,120
65,943
100,863
117,702
40,867
28,072
165,126
55,251
34,598
55,902
49,956
41,781
62,582
51,411
147,243
158,897
295,602
328,936
349,381
382,796
366,023
456,957
325,679
260,385
332,035
279,028
300,108
271,168
119,639

119,639

271,168

300,108

279,028

332,035

260,385

325,679

456,957

366,023

382,796

349,381

328,936

295,602

158,897

147,243

51,411

62,582

41,781

49,956

55,902

34,598

55,251

165,126

28,072

40,867

117,702

100,863

65,943

74,120

73,406

96,897

82,940

33,935

12,636

56,463

38,504

43,944

56,639

36,837

61,168

69,330

39,608

29,343

44,129

55,809

34,723

53,763

41,724

48,776

10,156

33,975

49,840

18,836

17,194

30,279

30,714

30,173

21,749

32,200

21,841

24,335

16,411

42,501

37,935

35,352

35,447

62,556

56,880

52,285

47,692

23,290

45,235

19,214

23,789

52,522

40,392

22,905

5,279

7,386

9,208

13,852

6,795

15,242

6,416

32,873

4,466

7,129

18,071

7,164

26,773

28,690

8,923

48,601

49,600

34,900

28,700

30,100

17,500

20,400

16,300

18,300

8,300

7,900

8,400

11,400

13,800

20,900

22,200

3,400

3,200

2,700

6,300

3,600

8,900

7,400

1,500

900

2,200

500

1,100

3,200

300

100

800

100

500

4,800

300

500

600

Short-term Investments

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,453
2,974
0
0
0
0
2,156
1,597
1,437
1,229
1,171
1,127
1,059
1,018
53,621
933
896
0
0
0
15,849
13,385
18,242
30,747
32,755
42,263
66,967
57,880
78,179
51,190
86,864
83,679
84,685
24,769
34,822
45,377
43,987
146,530
204,535
2,817,817
3,294,510
0
0
0
0
0
0
3,496,925
0
6,264
5,749
5,146
4,717
4
3,757
81,919
3,073
2,617
37,179
174
4,594
0

4,594

174

37,179

2,617

3,073

81,919

3,757

4,717

5,146

5,749

6,264

3,496,925

3,294,510

2,817,817

204,535

146,530

43,987

45,377

34,822

24,769

84,685

83,679

86,864

51,190

78,179

57,880

66,967

42,263

32,755

30,747

18,242

13,385

15,849

896

933

53,621

1,018

1,059

1,127

1,171

1,229

1,437

1,597

2,156

2,974

1,453

Net Receivables

0
0
2,900
2,100
2,300
3,600
4,500
4,500
4,400
5,700
5,800
6,700
6,400
8,400
9,700
10,000
12,300
13,500
13,500
15,100
18,500
19,000
16,000
16,000
15,900
14,900
14,900
13,000
10,100
8,100
8,600
8,700
9,400
5,600
12,500
5,200
7,200
4,200
3,300
2,800
3,100
2,208
2,208
1,239
284
323
323
67
25
38
0
38
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,583
4,270
5,043
4,132
6,105
20,466
11,380
12,353
12,609
15,979
17,618
22,091
40,081
43,535
70,039
40,434
34,702
31,499
33,246
48,431
28,577
31,648
128,067
32,044
28,957
28,533
27,413
29,095
32,374
27,407
25,107
36,061
19,984
23,622
19,648
19,575
21,019
26,075
25,292
24,094
26,209
1,526,675
172,667
16,485
164,820
20,547
15,113
14,558
16,955
17,405
15,613
368,400
25,608
132,557
24,352
26,756
30,040

30,040

26,756

24,352

132,557

25,608

368,400

15,613

17,405

16,955

14,558

15,113

20,547

164,820

16,485

172,667

1,526,675

26,209

24,094

25,292

26,075

21,019

19,575

19,648

23,622

19,984

36,061

25,107

27,407

32,374

29,095

27,413

28,533

28,957

32,044

128,067

31,648

28,577

48,431

33,246

31,499

34,702

40,434

70,039

43,535

40,081

22,091

17,618

15,979

12,609

12,353

11,380

20,466

6,105

4,132

5,043

4,270

4,583

323

284

1,239

2,208

3,100

2,800

3,300

4,200

7,200

5,200

12,500

5,600

9,400

8,700

8,600

8,100

10,100

13,000

14,900

15,900

16,000

19,000

18,500

15,100

13,500

12,300

10,000

9,700

8,400

6,400

6,700

5,800

5,700

4,400

4,500

3,600

2,300

2,100

2,900

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
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,709,515
2,700,862
2,601,052
3,307,245
70,674
54,761
30,742
-18,615
-7,956
19,363
20,046
3,923,172
3,939,196
3,587,948
3,508,819
3,870,931
3,746,131
3,726,601
3,487,508
3,322,370
3,200,941
3,100,873
3,200,106
3,182,191
2,858,214
2,904,650
3,173,354
3,068,648
-322
58,334
3,749,464
4,842,447
5,712,546
5,302,926
71,648
-1,503,571
59,150
142,412
-164,820
308,389
333,919
-397,339
-382,595
114,732
-341,292
-352,310
-357,643
-411,585
-324,460
-297,924
-149,679

-149,679

-297,924

-324,460

-411,585

-357,643

-352,310

-341,292

114,732

-382,595

-397,339

333,919

308,389

-164,820

142,412

59,150

-1,503,571

71,648

5,302,926

5,712,546

4,842,447

3,749,464

58,334

-322

3,068,648

3,173,354

2,904,650

2,858,214

3,182,191

3,200,106

3,100,873

3,200,941

3,322,370

3,487,508

3,726,601

3,746,131

3,870,931

3,508,819

3,587,948

3,939,196

3,923,172

20,046

19,363

-7,956

-18,615

30,742

54,761

70,674

3,307,245

2,601,052

2,700,862

2,709,515

> Long-term Assets

0
0
1,287,200
1,245,900
1,209,000
1,314,300
1,412,300
1,462,100
1,437,800
1,643,800
1,600,700
1,707,800
1,805,600
2,119,400
2,272,500
2,337,800
2,510,800
2,892,300
2,920,200
3,099,200
3,250,900
3,028,900
2,817,500
2,194,500
2,247,800
0
3,178,300
4,019,200
4,282,300
3,690,500
3,529,600
4,656,100
4,028,000
5,103,500
4,994,100
5,461,500
4,819,100
4,567,900
4,434,500
4,063,700
4,098,000
0
3,877,352
3,421,253
3,262,715
0
3,051,522
2,763,894
2,597,861
2,473,218
2,316,686
2,406,089
7,307
2,209,027
2,116,784
348,834
324,860
323,758
310,368
288,786
245,012
0
301,736
97,065
85,577
28,975
40,100
19,710
54,655
0
15,945
54,981
42,903
48,498
71,660
168,150
27,788
18,390
0
779,167
609,101
703,230
749,828
750,559
903,651
1,630,748
2,136,165
2,474,574
2,487,179
2,533,417
3,184,903
3,555,530
4,258,873
4,224,420
4,466,517
4,565,105
4,143,049
4,147,807
3,959,852
3,949,965
3,615,393
3,644,367
3,889,745
3,863,616
3,748,460
3,636,113
3,328,850
3,208,735
3,110,467
3,323,611
3,186,749
2,864,026
2,921,444
3,264,911
3,069,357
2,817,817
3,294,510
3,851,491
4,842,447
5,713,788
5,302,926
5,308,022
3,719,706
3,496,925
2,995,660
2,792,152
2,380,373
2,995,502
2,858,166
3,181,839
3,215,017
2,659,386
3,150,306
301,748
283,814
618,203
304,204
6,101,846

6,101,846

304,204

618,203

283,814

301,748

3,150,306

2,659,386

3,215,017

3,181,839

2,858,166

2,995,502

2,380,373

2,792,152

2,995,660

3,496,925

3,719,706

5,308,022

5,302,926

5,713,788

4,842,447

3,851,491

3,294,510

2,817,817

3,069,357

3,264,911

2,921,444

2,864,026

3,186,749

3,323,611

3,110,467

3,208,735

3,328,850

3,636,113

3,748,460

3,863,616

3,889,745

3,644,367

3,615,393

3,949,965

3,959,852

4,147,807

4,143,049

4,565,105

4,466,517

4,224,420

4,258,873

3,555,530

3,184,903

2,533,417

2,487,179

2,474,574

2,136,165

1,630,748

903,651

750,559

749,828

703,230

609,101

779,167

18,390

27,788

168,150

71,660

48,498

42,903

54,981

15,945

54,655

19,710

40,100

28,975

85,577

97,065

301,736

245,012

288,786

310,368

323,758

324,860

348,834

2,116,784

2,209,027

7,307

2,406,089

2,316,686

2,473,218

2,597,861

2,763,894

3,051,522

3,262,715

3,421,253

3,877,352

4,098,000

4,063,700

4,434,500

4,567,900

4,819,100

5,461,500

4,994,100

5,103,500

4,028,000

4,656,100

3,529,600

3,690,500

4,282,300

4,019,200

3,178,300

2,247,800

2,194,500

2,817,500

3,028,900

3,250,900

3,099,200

2,920,200

2,892,300

2,510,800

2,337,800

2,272,500

2,119,400

1,805,600

1,707,800

1,600,700

1,643,800

1,437,800

1,462,100

1,412,300

1,314,300

1,209,000

1,245,900

1,287,200

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
2,591,529
2,595,574
0
0
0
0
4,175,662
0
0
4,215,754
4,092,072
65,868
57,801
48,751
49,427
50,876
61,395
0
42,815
38,214
40,236
33,351
47,570
18,455
17,612
16,891
18,678
19,853
21,270
14,954
18,090
16,892
10,648
14,681
13,695
10,953
7,926
11,187
11,342
109,746
2,995,502
2,858,166
3,181,839
3,215,017
2,659,386
3,150,306
3,112,705
283,814
618,203
304,204
158,201

158,201

304,204

618,203

283,814

3,112,705

3,150,306

2,659,386

3,215,017

3,181,839

2,858,166

2,995,502

109,746

11,342

11,187

7,926

10,953

13,695

14,681

10,648

16,892

18,090

14,954

21,270

19,853

18,678

16,891

17,612

18,455

47,570

33,351

40,236

38,214

42,815

61,395

50,876

49,427

48,751

57,801

65,868

4,092,072

4,215,754

4,175,662

2,595,574

2,591,529

Other Assets

0
0
143,500
39,500
57,400
94,100
138,600
115,300
193,700
180,700
259,600
256,700
396,700
135,400
230,000
335,400
644,400
819,500
592,800
304,100
473,200
546,400
394,100
1,122,300
1,197,400
3,490,000
274,600
167,400
207,200
277,500
403,300
366,100
834,300
250,800
1,093,500
583,500
826,100
576,600
439,500
608,100
527,700
4,190,896
262,735
185,266
71,784
3,155,788
80,978
22,285
17,693
20,427
28,095
43,554
2,323,897
14,035
12,999
1,684,291
1,618,729
1,534,091
1,483,846
1,432,744
1,332,801
1,400,934
1,046,676
810,414
767,534
731,766
703,574
677,090
372,735
466,557
393,732
327,041
306,038
290,908
278,856
267,540
558,894
564,466
734,556
7,165
241,696
220,076
209,646
197,557
166,858
1,649,584
164,248
136,774
123,998
2,582,193
106,450
101,353
89,343
4,280,229
92,547
130,519
114,820
4,217,137
99,875
106,639
120,493
3,688,311
124,406
227,648
146,189
3,670,048
150,147
143,822
140,182
3,397,731
64,333
76,036
84,865
3,305,778
85,330
80,508
78,843
3,886,089
110,709
79,849
118,600
5,370,604
1,579,997
236,840
45,142
3,087,754
176,319
115,356
99,396
127,958
159,843
203,659
619,711
2,945,843
3,289,782
4,584,656
5,438,654
120,952

120,952

5,438,654

4,584,656

3,289,782

2,945,843

619,711

203,659

159,843

127,958

99,396

115,356

176,319

3,087,754

45,142

236,840

1,579,997

5,370,604

118,600

79,849

110,709

3,886,089

78,843

80,508

85,330

3,305,778

84,865

76,036

64,333

3,397,731

140,182

143,822

150,147

3,670,048

146,189

227,648

124,406

3,688,311

120,493

106,639

99,875

4,217,137

114,820

130,519

92,547

4,280,229

89,343

101,353

106,450

2,582,193

123,998

136,774

164,248

1,649,584

166,858

197,557

209,646

220,076

241,696

7,165

734,556

564,466

558,894

267,540

278,856

290,908

306,038

327,041

393,732

466,557

372,735

677,090

703,574

731,766

767,534

810,414

1,046,676

1,400,934

1,332,801

1,432,744

1,483,846

1,534,091

1,618,729

1,684,291

12,999

14,035

2,323,897

43,554

28,095

20,427

17,693

22,285

80,978

3,155,788

71,784

185,266

262,735

4,190,896

527,700

608,100

439,500

576,600

826,100

583,500

1,093,500

250,800

834,300

366,100

403,300

277,500

207,200

167,400

274,600

3,490,000

1,197,400

1,122,300

394,100

546,400

473,200

304,100

592,800

819,500

644,400

335,400

230,000

135,400

396,700

256,700

259,600

180,700

193,700

115,300

138,600

94,100

57,400

39,500

143,500

> Total Liabilities

0
0
1,311,500
1,166,000
1,147,900
1,291,900
1,439,300
1,461,300
1,513,700
1,709,600
1,741,600
1,845,300
2,069,400
2,086,900
2,330,500
2,502,500
2,923,400
3,473,800
3,245,700
3,160,000
3,490,300
3,403,100
2,993,000
3,048,100
3,167,000
3,135,200
3,135,200
3,802,500
4,065,600
3,484,000
3,445,000
4,506,500
4,340,700
4,817,300
5,567,000
5,527,600
5,166,400
4,726,000
4,455,100
4,271,600
4,251,900
3,865,824
3,865,824
3,439,484
3,191,456
3,002,465
3,002,465
2,617,707
2,452,308
2,327,749
2,167,267
2,242,209
2,103,478
2,014,883
1,962,536
1,882,268
1,791,369
1,715,389
1,654,694
1,609,074
1,484,986
1,252,168
1,252,168
778,403
722,791
656,642
631,298
608,109
344,654
330,019
330,019
305,192
243,037
232,822
248,085
335,736
463,459
466,782
590,619
663,905
708,785
789,309
810,814
792,607
866,361
1,357,227
1,976,323
2,269,843
2,264,152
2,210,844
2,826,159
3,204,124
3,787,099
3,663,519
3,994,815
4,142,034
3,738,603
3,631,261
3,545,267
3,503,004
3,199,464
3,081,009
3,470,050
3,593,789
3,400,441
3,178,023
3,100,289
2,977,547
2,848,637
2,930,547
2,847,352
2,562,945
2,619,179
2,748,720
2,662,048
2,540,543
2,901,426
3,358,936
4,430,459
5,270,247
4,902,954
4,787,616
4,823,611
3,330,159
2,611,486
2,454,301
2,169,832
2,718,666
2,580,599
2,921,496
3,063,589
2,361,971
3,278,298
2,703,906
3,015,030
33,794
43,168
5,499,015

5,499,015

43,168

33,794

3,015,030

2,703,906

3,278,298

2,361,971

3,063,589

2,921,496

2,580,599

2,718,666

2,169,832

2,454,301

2,611,486

3,330,159

4,823,611

4,787,616

4,902,954

5,270,247

4,430,459

3,358,936

2,901,426

2,540,543

2,662,048

2,748,720

2,619,179

2,562,945

2,847,352

2,930,547

2,848,637

2,977,547

3,100,289

3,178,023

3,400,441

3,593,789

3,470,050

3,081,009

3,199,464

3,503,004

3,545,267

3,631,261

3,738,603

4,142,034

3,994,815

3,663,519

3,787,099

3,204,124

2,826,159

2,210,844

2,264,152

2,269,843

1,976,323

1,357,227

866,361

792,607

810,814

789,309

708,785

663,905

590,619

466,782

463,459

335,736

248,085

232,822

243,037

305,192

330,019

344,654

608,109

631,298

656,642

722,791

778,403

1,252,168

1,484,986

1,609,074

1,654,694

1,715,389

1,791,369

1,882,268

1,962,536

2,014,883

2,103,478

2,242,209

2,167,267

2,327,749

2,452,308

2,617,707

3,002,465

3,191,456

3,439,484

3,865,824

4,251,900

4,271,600

4,455,100

4,726,000

5,166,400

5,527,600

5,567,000

4,817,300

4,340,700

4,506,500

3,445,000

3,484,000

4,065,600

3,802,500

3,135,200

3,167,000

3,048,100

2,993,000

3,403,100

3,490,300

3,160,000

3,245,700

3,473,800

2,923,400

2,502,500

2,330,500

2,086,900

2,069,400

1,845,300

1,741,600

1,709,600

1,513,700

1,461,300

1,439,300

1,291,900

1,147,900

1,166,000

1,311,500

> Total Current Liabilities

0
0
1,400
800
700
800
2,000
2,700
20,700
88,000
90,600
245,100
107,700
156,700
96,400
95,000
99,100
102,200
68,700
69,700
9,400
11,500
10,700
2,047,200
7,100
0
5,300
4,800
3,800
2,700
3,000
2,500
4,000
40,800
7,300
7,400
6,700
28,000
19,900
18,300
14,600
47,900
47,900
23,100
17,600
11,600
11,600
6,000
2,700
5,400
2,300
3,200
5,200
1,600
1,400
1,300
1,200
25,500
23,400
18,700
17,900
74,900
63,700
53,600
35,600
6,900
121,125
113,572
103,253
6,200
95,978
6,400
6,900
7,000
9,200
5,300
2,400
6,900
5,100
28,300
5,800
1,208
1,162
1,145
790
1,079
1,311
1,437
1,240
2,165
1,697
1,991
2,381
2,895
2,873
1,661
2,433
2,548
2,846
1,770
1,492
1,947
2,260
2,067
1,538
1,743
2,243
1,714
2,163
3,156
2,628
1,524
2,720
3,734
5,123
5,469
5,676
10,308
12,939
15,907
7,186
15,585
9,606
907
1,059
1,410
418
405
639
1,365
1,524
1,811
4,909
16,450
12,806
33,794
43,168
5,381,104

5,381,104

43,168

33,794

12,806

16,450

4,909

1,811

1,524

1,365

639

405

418

1,410

1,059

907

9,606

15,585

7,186

15,907

12,939

10,308

5,676

5,469

5,123

3,734

2,720

1,524

2,628

3,156

2,163

1,714

2,243

1,743

1,538

2,067

2,260

1,947

1,492

1,770

2,846

2,548

2,433

1,661

2,873

2,895

2,381

1,991

1,697

2,165

1,240

1,437

1,311

1,079

790

1,145

1,162

1,208

5,800

28,300

5,100

6,900

2,400

5,300

9,200

7,000

6,900

6,400

95,978

6,200

103,253

113,572

121,125

6,900

35,600

53,600

63,700

74,900

17,900

18,700

23,400

25,500

1,200

1,300

1,400

1,600

5,200

3,200

2,300

5,400

2,700

6,000

11,600

17,600

23,100

47,900

14,600

18,300

19,900

28,000

6,700

7,400

7,300

40,800

4,000

2,500

3,000

2,700

3,800

4,800

5,300

7,100

2,047,200

10,700

11,500

9,400

69,700

68,700

102,200

99,100

95,000

96,400

156,700

107,700

245,100

90,600

88,000

20,700

2,700

2,000

800

700

800

1,400

Short-term Debt

0
0
0
0
0
0
0
0
17,400
83,000
86,100
238,900
102,400
148,500
90,300
86,000
91,800
87,500
57,300
58,400
0
0
0
2,039,400
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
0
0
0
0
0
0
0
121,125
113,572
103,253
95,978
95,978
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
30,504
0
0
0
0
0
0
0
2,803,433
0
0
0
520,000
0
2,863,480
2,741,278
2,898,952
2,825,945
2,548,337
2,519,230
2,565,902
2,613,892
2,514,984
2,690,858
3,267,984
4,252,893
4,815,452
4,872,869
4,752,348
2,171
1,282
645
111
2,032,089
2,321,043
2,527,065
2,849,916
2,952,802
2,202,648
3,009,269
2,644,405
2,937,124
4,201,901
5,002,230
5,381,104

5,381,104

5,002,230

4,201,901

2,937,124

2,644,405

3,009,269

2,202,648

2,952,802

2,849,916

2,527,065

2,321,043

2,032,089

111

645

1,282

2,171

4,752,348

4,872,869

4,815,452

4,252,893

3,267,984

2,690,858

2,514,984

2,613,892

2,565,902

2,519,230

2,548,337

2,825,945

2,898,952

2,741,278

2,863,480

520,000

2,803,433

30,504

95,978

103,253

113,572

121,125

2,039,400

58,400

57,300

87,500

91,800

86,000

90,300

148,500

102,400

238,900

86,100

83,000

17,400

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
2,803,433
0
0
0
2,326,420
0
2,863,480
2,741,278
2,898,952
2,825,945
2,548,337
2,519,230
2,565,902
2,613,892
2,514,984
2,690,858
3,267,984
4,252,893
4,815,452
4,872,869
4,752,348
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

4,752,348

4,872,869

4,815,452

4,252,893

3,267,984

2,690,858

2,514,984

2,613,892

2,565,902

2,519,230

2,548,337

2,825,945

2,898,952

2,741,278

2,863,480

2,326,420

2,803,433

Accounts payable

0
0
1,400
800
700
800
2,000
2,700
3,300
5,000
4,500
6,200
5,300
8,200
6,100
9,000
7,300
14,700
11,400
11,300
9,400
11,500
10,700
7,800
7,100
5,300
5,300
4,800
3,800
2,700
3,000
2,500
4,000
7,200
7,300
7,400
6,700
8,400
4,700
6,200
6,400
6,303
6,303
4,292
1,641
0
3,775
2,117
958
2,099
771
2,099
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,208
1,162
1,145
790
1,079
1,311
1,437
1,240
2,165
1,697
1,991
2,381
2,895
2,873
1,661
2,433
2,548
2,846
1,770
1,492
1,947
2,260
2,067
1,538
1,743
2,243
1,714
2,163
3,156
2,628
1,524
2,720
3,734
5,123
5,469
5,676
10,308
12,939
15,907
7,186
15,585
9,606
907
1,059
1,410
418
405
639
1,365
1,524
1,811
4,909
16,450
12,806
33,794
43,168
53,194

53,194

43,168

33,794

12,806

16,450

4,909

1,811

1,524

1,365

639

405

418

1,410

1,059

907

9,606

15,585

7,186

15,907

12,939

10,308

5,676

5,469

5,123

3,734

2,720

1,524

2,628

3,156

2,163

1,714

2,243

1,743

1,538

2,067

2,260

1,947

1,492

1,770

2,846

2,548

2,433

1,661

2,873

2,895

2,381

1,991

1,697

2,165

1,240

1,437

1,311

1,079

790

1,145

1,162

1,208

2,099

771

2,099

958

2,117

3,775

1,641

4,292

6,303

6,400

6,200

4,700

8,400

6,700

7,400

7,300

7,200

4,000

2,500

3,000

2,700

3,800

4,800

5,300

7,100

7,800

10,700

11,500

9,400

11,300

11,400

14,700

7,300

9,000

6,100

8,200

5,300

6,200

4,500

5,000

3,300

2,700

2,000

800

700

800

1,400

Other Current Liabilities

0
0
-1,400
-800
-700
-800
-2,000
-2,700
-20,700
-88,000
-90,600
-245,100
-107,700
-156,700
-96,400
-95,000
-99,100
-102,200
0
0
-9,400
-11,500
-10,700
0
-7,100
0
-5,300
-4,800
-3,800
-2,700
-3,000
-2,500
-4,000
33,600
-7,300
-7,400
-6,700
19,600
15,200
12,100
8,200
41,597
41,597
18,808
15,959
3,775
7,825
3,883
1,742
3,301
1,529
3,200
5,200
1,600
1,400
1,300
1,200
25,500
23,400
18,700
17,900
74,900
63,700
53,600
35,600
6,900
-121,125
-113,572
-103,253
0
-95,978
6,400
6,900
7,000
9,200
5,300
2,400
6,900
0
0
0
-1,208
-1,162
-1,145
-790
-1,079
-1,311
-1,437
-1,240
-2,165
-1,697
-1,991
-2,381
-2,895
-2,873
-1,661
-2,433
-2,548
-2,846
-1,770
-1,492
-1,947
-2,260
-2,067
-1,538
-1,743
-2,243
-1,714
-2,163
-3,156
-2,628
-1,524
-2,720
-3,734
-5,123
-5,469
-5,676
-10,308
-12,939
-15,907
-7,186
-15,585
-9,606
-907
-1,059
-1,410
-418
-405
-639
-1,365
-1,524
-1,811
-4,909
-16,450
-12,806
-33,794
-43,168
-5,381,104

-5,381,104

-43,168

-33,794

-12,806

-16,450

-4,909

-1,811

-1,524

-1,365

-639

-405

-418

-1,410

-1,059

-907

-9,606

-15,585

-7,186

-15,907

-12,939

-10,308

-5,676

-5,469

-5,123

-3,734

-2,720

-1,524

-2,628

-3,156

-2,163

-1,714

-2,243

-1,743

-1,538

-2,067

-2,260

-1,947

-1,492

-1,770

-2,846

-2,548

-2,433

-1,661

-2,873

-2,895

-2,381

-1,991

-1,697

-2,165

-1,240

-1,437

-1,311

-1,079

-790

-1,145

-1,162

-1,208

6,900

2,400

5,300

9,200

7,000

6,900

6,400

-95,978

-103,253

-113,572

-121,125

6,900

35,600

53,600

63,700

74,900

17,900

18,700

23,400

25,500

1,200

1,300

1,400

1,600

5,200

3,200

1,529

3,301

1,742

3,883

7,825

3,775

15,959

18,808

41,597

8,200

12,100

15,200

19,600

-6,700

-7,400

-7,300

33,600

-4,000

-2,500

-3,000

-2,700

-3,800

-4,800

-5,300

-7,100

-10,700

-11,500

-9,400

-102,200

-99,100

-95,000

-96,400

-156,700

-107,700

-245,100

-90,600

-88,000

-20,700

-2,700

-2,000

-800

-700

-800

-1,400

> Long-term Liabilities

0
0
66,200
24,800
29,900
75,500
110,500
78,700
109,300
147,600
117,000
1,551,000
1,914,400
1,876,800
2,187,200
2,357,100
2,771,600
3,335,600
3,148,500
3,062,000
3,449,200
3,364,800
2,964,000
151,500
943,000
3,086,500
3,086,500
1,936,300
2,805,600
2,696,800
2,568,500
3,417,300
3,335,500
4,765,600
5,529,400
5,474,200
5,130,600
4,698,000
4,435,200
4,253,200
4,237,300
3,819,500
3,819,500
3,416,400
3,173,900
2,990,900
2,990,900
2,611,700
2,449,600
2,322,300
2,165,000
2,239,000
2,098,300
2,014,883
1,962,536
1,882,268
1,791,369
1,715,389
1,654,694
1,609,074
1,484,986
1,177,300
1,252,168
778,403
722,791
656,642
503,536
487,429
219,050
0
227,863
305,192
243,037
232,822
248,085
335,736
463,459
466,782
182,308
663,905
708,785
143,081
201,506
782,900
108,027
107,105
106,223
105,983
84,013
70,895
32,237
31,561
31,295
30,504
28,473
24,634
21,148
12,914
12,394
12,073
11,194
10,786
10,196
116,864
263,581
528,442
271,140
270,520
270,025
6,440
6,075
5,892
5,706
5,520
5,290
4,393
3,709
3,458
3,219
3,078
2,950
2,733
2,171
1,282
645
111
2,163,775
2,712,175
2,573,610
1,365
1,524
1,811
4,909
16,450
12,806
443,092
234,206
71,956

71,956

234,206

443,092

12,806

16,450

4,909

1,811

1,524

1,365

2,573,610

2,712,175

2,163,775

111

645

1,282

2,171

2,733

2,950

3,078

3,219

3,458

3,709

4,393

5,290

5,520

5,706

5,892

6,075

6,440

270,025

270,520

271,140

528,442

263,581

116,864

10,196

10,786

11,194

12,073

12,394

12,914

21,148

24,634

28,473

30,504

31,295

31,561

32,237

70,895

84,013

105,983

106,223

107,105

108,027

782,900

201,506

143,081

708,785

663,905

182,308

466,782

463,459

335,736

248,085

232,822

243,037

305,192

227,863

219,050

487,429

503,536

656,642

722,791

778,403

1,252,168

1,177,300

1,484,986

1,609,074

1,654,694

1,715,389

1,791,369

1,882,268

1,962,536

2,014,883

2,098,300

2,239,000

2,165,000

2,322,300

2,449,600

2,611,700

2,990,900

3,173,900

3,416,400

3,819,500

4,237,300

4,253,200

4,435,200

4,698,000

5,130,600

5,474,200

5,529,400

4,765,600

3,335,500

3,417,300

2,568,500

2,696,800

2,805,600

1,936,300

3,086,500

943,000

151,500

2,964,000

3,364,800

3,449,200

3,062,000

3,148,500

3,335,600

2,771,600

2,357,100

2,187,200

1,876,800

1,914,400

1,551,000

117,000

147,600

109,300

78,700

110,500

75,500

29,900

24,800

66,200

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
119,278
112,851
0
0
0
0
42,537
0
0
41,985
19,595
23,531
3,483,097
3,179,506
35,898
57,168
57,028
0
49,647
98,627
97,780
91,048
13,362
6,133
7,578
133
269
0
0
2,039
1,218
3,219
207
439
974
13,640
4,208
5,164
1,634
19,866
27,325
12,584
1,834
18,328
12,559
0
435
27,125
23,621
0
0

23,621

27,125

435

12,559

18,328

1,834

12,584

27,325

19,866

1,634

5,164

4,208

13,640

974

439

207

3,219

1,218

2,039

269

133

7,578

6,133

13,362

91,048

97,780

98,627

49,647

57,028

57,168

35,898

3,179,506

3,483,097

23,531

19,595

41,985

42,537

112,851

119,278

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
34,919
18,767
15,951
7,794
2,325
2,234
1,716
3,303
1,477
3,193
5,182
1,612
1,484
1,317
1,200
1,626
1,929
1,325
2,489
4,420
4,277
6,399
7,753
6,749
6,637
7,108
5,982
6,178
6,132
6,352
6,957
7,029
6,972
5,367
2,377
5,866
5,166
28,350
5,745
6,691
5,695
8,608
12,397
6,668
9,020
18,281
114,310
32,684
90,812
42,882
65,869
49,222
40,229
26,445
23,540
8,086
12,785
26,491
20,903
39,544
60,166
57,016
66,251
44,709
92,640
92,576
85,912
9,731
1,770
3,649
2,546
4,139
25,180
2,970
186,023
62,158
154,481
428,439
13,230
9,696
384,664
3,036
4,180
8,169
28,044
354,481
11,329
6,332
53,987
78,111
156,299
10,918
3,843
376,237
159,037
0

159,037

376,237

3,843

10,918

156,299

78,111

53,987

6,332

11,329

354,481

28,044

8,169

4,180

3,036

384,664

9,696

13,230

428,439

154,481

62,158

186,023

2,970

25,180

4,139

2,546

3,649

1,770

9,731

85,912

92,576

92,640

44,709

66,251

57,016

60,166

39,544

20,903

26,491

12,785

8,086

23,540

26,445

40,229

49,222

65,869

42,882

90,812

32,684

114,310

18,281

9,020

6,668

12,397

8,608

5,695

6,691

5,745

28,350

5,166

5,866

2,377

5,367

6,972

7,029

6,957

6,352

6,132

6,178

5,982

7,108

6,637

6,749

7,753

6,399

4,277

4,420

2,489

1,325

1,929

1,626

1,200

1,317

1,484

1,612

5,182

3,193

1,477

3,303

1,716

2,234

2,325

7,794

15,951

18,767

34,919

> Total Stockholder Equity

0
0
122,700
122,000
121,300
120,400
120,900
121,100
122,300
121,400
124,600
126,200
142,500
177,400
182,200
182,900
245,000
253,000
288,200
267,300
255,900
197,500
237,300
287,900
297,500
354,800
354,800
418,000
447,800
503,500
504,900
532,300
539,300
560,900
549,400
543,000
503,500
452,800
450,900
437,900
426,500
325,072
325,072
177,197
172,017
157,131
157,131
175,703
181,342
173,063
181,980
240,307
234,142
223,421
174,042
164,709
161,428
149,846
144,799
135,361
133,219
148,766
148,766
152,865
149,534
149,334
135,666
136,383
135,021
136,538
136,538
139,386
141,351
141,936
140,366
142,455
139,634
140,409
143,937
154,627
163,761
168,753
183,644
190,831
225,474
292,357
383,493
386,860
369,534
371,349
522,897
525,073
617,931
616,710
633,298
607,237
581,041
585,876
599,015
612,914
614,047
607,302
605,461
575,253
527,760
492,025
483,799
491,526
494,919
467,184
492,522
497,275
524,099
557,058
543,624
542,234
546,753
527,153
604,674
598,638
584,447
582,988
550,607
567,469
603,553
633,453
731,276
755,629
773,511
771,279
785,633
842,366
771,267
901,328
854,828
880,962
804,346
870,735

870,735

804,346

880,962

854,828

901,328

771,267

842,366

785,633

771,279

773,511

755,629

731,276

633,453

603,553

567,469

550,607

582,988

584,447

598,638

604,674

527,153

546,753

542,234

543,624

557,058

524,099

497,275

492,522

467,184

494,919

491,526

483,799

492,025

527,760

575,253

605,461

607,302

614,047

612,914

599,015

585,876

581,041

607,237

633,298

616,710

617,931

525,073

522,897

371,349

369,534

386,860

383,493

292,357

225,474

190,831

183,644

168,753

163,761

154,627

143,937

140,409

139,634

142,455

140,366

141,936

141,351

139,386

136,538

135,021

136,383

135,666

149,334

149,534

152,865

148,766

133,219

135,361

144,799

149,846

161,428

164,709

174,042

223,421

234,142

240,307

181,980

173,063

181,342

175,703

157,131

172,017

177,197

325,072

426,500

437,900

450,900

452,800

503,500

543,000

549,400

560,900

539,300

532,300

504,900

503,500

447,800

418,000

354,800

297,500

287,900

237,300

197,500

255,900

267,300

288,200

253,000

245,000

182,900

182,200

177,400

142,500

126,200

124,600

121,400

122,300

121,100

120,900

120,400

121,300

122,000

122,700

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
-100,500
-128,100
-152,500
-204,000
-194,800
-211,800
-203,100
-209,800
-195,700
-189,500
-155,400
-124,300
-123,400
-110,100
100
114
114
114
114
114
114
114
114
109
109
109
109
109
109
109
109
109
109
122
122
122
122
122
122
122
121
121
121
121
121
121
121
121
122
122
122
122
122
132
136
139
150
152
187
303
403
403
404
404
543
544
544
543
548
552
544
543
547
547
547
547
549
541
506
490
491
491
491
492
492
492
513
558
560
569
590
628
722
246
229
229
230
231
231
237
309
343
359
367
370
435
463
536
539
542
566
570

570

566

542

539

536

463

435

370

367

359

343

309

237

231

230

229

246

722

628

590

569

560

558

513

492

491

490

506

541

549

547

543

544

552

548

543

544

543

404

403

303

187

152

150

139

136

132

122

121

122

109

114

100

-110,100

-123,400

-124,300

-155,400

-189,500

-195,700

-209,800

-203,100

-211,800

-194,800

-204,000

-152,500

-128,100

-100,500

Retained Earnings Total Equity

-416,911

-448,001

-338,689

-350,597

-451,452

-449,223

-447,602

-389,307

-491,104

-519,205

-547,653

-729,313

-612,201

-653,649

-602,127

-466,644

-399,021

-306,208

-318,215

-320,682

-351,970

-360,973

-359,249

-340,314

-338,073

-394,509

-396,594

-380,748

-330,713

-297,867

-313,094

-288,154

-275,848

-290,737

-268,761

-252,059

-256,660

-250,965

-263,582

-254,211

Accumulated Other Comprehensive Income

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-10,100
-19,200
0
0
0
0
0
13,600
41,200
65,600
64,400
58,500
77,000
70,200
79,400
67,900
62,100
28,000
-3,100
-4,000
-17,300
-28,400
0
-48,507
-116,985
-121,331
0
-124,589
-107,860
-94,738
-83,872
-75,437
-17,508
-19,612
-17,472
-4,646
-2,971
-3,965
-3,882
-3,542
1,438
1,999
3,817
3,817
54
-42
140
504
588
440
663
663
793
1,075
1,093
-4,916
-3,953
-6,041
-3,949
228
3,968
7,999
10,061
14,112
17,436
17,600
10,057
6,383
6,699
-1,605
-3,255
22,924
21,505
55,890
52,511
61,557
-35,100
-34,363
-33,816
-4,256
30,944
16,462
21,316
44,369
4,691
32,109
-12,768
28,960
51,908
52,578
-32,609
-12,632
-257
5,886
-8,697
-54,159
-63,919
-85,833
-35,779
50,688
161,815
217,010
173,806
246,778
81,731
88,729
80,261
15,105
29,375
20,236
6,729
-84,611
-145,521
-196,629
-181,346
-166,553
-175,996
-217,770
-158,502

-158,502

-217,770

-175,996

-166,553

-181,346

-196,629

-145,521

-84,611

6,729

20,236

29,375

15,105

80,261

88,729

81,731

246,778

173,806

217,010

161,815

50,688

-35,779

-85,833

-63,919

-54,159

-8,697

5,886

-257

-12,632

-32,609

52,578

51,908

28,960

-12,768

32,109

4,691

44,369

21,316

16,462

30,944

-4,256

-33,816

-34,363

-35,100

61,557

52,511

55,890

21,505

22,924

-3,255

-1,605

6,699

6,383

10,057

17,600

17,436

14,112

10,061

7,999

3,968

228

-3,949

-6,041

-3,953

-4,916

1,093

1,075

793

663

440

588

504

140

-42

3,817

1,999

1,438

-3,542

-3,882

-3,965

-2,971

-4,646

-17,472

-19,612

-17,508

-75,437

-83,872

-94,738

-107,860

-124,589

-121,331

-116,985

-48,507

-28,400

-17,300

-4,000

-3,100

28,000

62,100

67,900

79,400

70,200

77,000

58,500

64,400

65,600

41,200

13,600

-19,200

-10,100

Capital Surplus

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
633,969
634,317
0
0
0
0
759,214
0
0
761,862
761,550
761,827
762,502
763,228
763,935
763,979
758,230
0
725,358
725,438
726,063
726,701
727,369
727,503
728,124
742,845
775,873
776,117
782,011
795,630
818,442
872,010
882,633
858,050
858,347
858,203
858,451
859,089
869,495
997,326
1,065,670
1,094,296
1,107,792
1,112,628
1,218,298
1,264,831
1,357,514
1,361,000
1,365,484
1,397,268
0

1,397,268

1,365,484

1,361,000

1,357,514

1,264,831

1,218,298

1,112,628

1,107,792

1,094,296

1,065,670

997,326

869,495

859,089

858,451

858,203

858,347

858,050

882,633

872,010

818,442

795,630

782,011

776,117

775,873

742,845

728,124

727,503

727,369

726,701

726,063

725,438

725,358

758,230

763,979

763,935

763,228

762,502

761,827

761,550

761,862

759,214

634,317

633,969

Treasury Stock

Other Stockholders Equity

0
0
132,500
130,800
129,500
128,400
128,300
128,400
128,300
128,400
128,700
128,800
143,500
184,500
185,000
185,600
247,200
259,800
289,600
278,900
279,200
206,800
247,300
297,900
271,600
363,800
363,800
414,300
441,700
495,800
496,200
523,300
529,600
552,900
544,000
539,000
507,700
477,200
476,200
462,900
352,000
430,895
351,995
351,997
351,999
0
351,999
361,584
361,469
364,740
364,740
364,743
364,743
364,743
360,706
360,684
360,684
360,684
360,684
366,897
366,896
366,896
366,896
366,903
366,903
366,903
366,612
366,633
366,637
366,637
366,637
366,716
366,716
366,716
366,731
366,769
366,793
366,817
366,836
373,438
376,659
379,717
389,459
390,544
423,700
538,304
633,620
633,969
634,317
634,683
758,652
759,167
759,647
759,214
764,272
767,172
761,862
761,550
761,827
762,502
763,228
763,935
763,979
758,230
734,689
725,358
725,438
726,063
726,701
727,369
727,503
728,124
742,845
775,873
776,117
782,011
795,630
818,442
872,010
882,633
858,050
858,347
858,203
858,451
859,089
869,495
997,326
1,065,670
1,094,296
1,107,792
1,112,628
1,218,298
1,264,831
1,357,514
1,361,000
1,365,484
1,397,268
1,404,431

1,404,431

1,397,268

1,365,484

1,361,000

1,357,514

1,264,831

1,218,298

1,112,628

1,107,792

1,094,296

1,065,670

997,326

869,495

859,089

858,451

858,203

858,347

858,050

882,633

872,010

818,442

795,630

782,011

776,117

775,873

742,845

728,124

727,503

727,369

726,701

726,063

725,438

725,358

734,689

758,230

763,979

763,935

763,228

762,502

761,827

761,550

761,862

767,172

764,272

759,214

759,647

759,167

758,652

634,683

634,317

633,969

633,620

538,304

423,700

390,544

389,459

379,717

376,659

373,438

366,836

366,817

366,793

366,769

366,731

366,716

366,637

366,633

366,612

366,903

366,896

366,897

360,684

360,706

364,743

364,740

361,469

361,584

351,999

351,997

351,995

430,895

352,000

462,900

476,200

477,200

507,700

539,000

544,000

552,900

529,600

523,300

496,200

495,800

441,700

414,300

363,800

271,600

297,900

247,300

206,800

279,200

278,900

289,600

259,800

247,200

185,600

185,000

184,500

143,500

128,800

128,700

128,400

128,300

128,400

128,300

128,400

129,500

130,800

132,500

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
Accounts Payable	53,194	16,450	1,365	1,410	15,585	10,308	3,734	3,156	1,743	1,947	2,548	2,895	2,165	1,079	1,208	0	0	0	0	0	0	2,099	2,099	3,775	6,303	8,400	7,200	2,700	5,300	11,500	14,700	8,200	5,000	800	-	-
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	-	-
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	-	-
Accumulated Other Comprehensive Income	-158,502	-181,346	6,729	80,261	173,806	-35,779	-8,697	-32,609	-12,768	21,316	-33,816	52,511	-3,255	10,057	10,061	-3,949	1,093	663	140	3,817	-3,882	-17,472	-83,872	-124,589	-48,507	-3,100	79,400	64,400	0	0	0	0	0	0	-	-
Additional Paid In Capital	0	0	0	0	0	0	141,294	110,005	0	0	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	-	-
Capital Stock	108,413	108,379	108,210	174,801	163,036	143,511	0	0	0	0	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	1,357,514	1,107,792	869,495	858,347	818,442	775,873	727,369	725,358	763,935	761,550	759,214	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Cash	119,639	332,035	366,023	295,602	62,582	34,598	40,867	74,120	33,935	43,944	69,330	55,809	48,776	18,836	30,173	24,335	35,352	56,880	45,235	52,522	7,386	15,242	7,129	26,773	48,601	30,100	18,300	11,400	22,200	6,300	1,500	1,100	800	300	-	-
Cash And Equivalents	0	332,035	366,023	295,602	62,582	34,598	40,867	74,120	0	0	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	119,639	332,035	366,023	295,602	62,582	34,598	40,867	74,120	33,935	43,944	69,330	55,809	49,794	20,065	30,173	24,335	35,352	56,880	45,235	52,522	7,386	15,242	7,129	26,773	48,601	30,100	18,300	11,400	22,200	6,300	1,500	1,100	800	300	-	-
Common Stock	570	536	367	237	229	628	558	492	490	547	543	543	404	303	139	122	121	121	122	122	109	109	109	114	114	-124,300	-209,800	-204,000	0	0	0	0	0	0	-	-
Common Stock Shares Outstanding	54,809	42,743	32,761	23,106	23,620	19,235	16,806	16,371	17,616	18,234	18,216	17,715	12,860	6,973	4,435	4,057	4,074	4,119	5,931	3,715	3,625	4,680	3,815	3,817	3,826	3,836	3,601	1,773	3,354	3,305	3,222	2,751	2,257	2,255	2,408	2,408
Common Stock Total Equity	0	0	367	237	229	628	558	492	490	547	543	543	404	303	139	122	121	121	122	122	109	109	109	114	114	0	0	0	0	0	0	0	0	0	-	-
Current Deferred Revenue	5,327,910	-2,627,955	-2,848,551	-2,435,753	-4,736,763	0	0	0	0	0	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	-	-
Deferred Long Term Liab	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Earning Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Good Will	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Intangible Assets	0	0	0	0	0	0	0	0	0	0	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	-7,102	-7,969	-11,342	-4,290	0	0	0	0	0	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	6,369,750	3,605,234	3,692,775	3,087,754	5,370,604	3,886,089	3,305,778	3,397,731	3,670,048	3,688,311	4,217,137	4,280,229	2,582,193	1,649,584	958,062	607,191	374,758	466,557	805,976	1,400,934	1,865,235	2,238,304	2,500,812	3,159,596	4,190,896	5,178,800	5,378,200	3,987,500	3,490,000	3,600,600	3,726,800	2,264,300	1,831,000	1,412,300	-	-
Long Term Debt	0	435	1,834	1,634	974	1,218	269	13,362	8,442	35,898	19,595	42,537	70,895	107,105	143,081	186,699	221,181	227,863	516,578	1,177,280	1,689,879	2,013,271	2,322,347	2,990,896	0	0	0	0	0	0	0	0	0	0	-	-
Long Term Debt Total	0	435	1,834	1,634	974	1,218	269	13,362	8,442	35,898	19,595	42,537	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	158,201	3,112,705	3,181,839	11,342	13,695	18,090	18,678	47,570	42,815	49,427	4,092,072	4,175,662	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	-	-
Net Debt	5,261,465	2,312,370	2,483,893	-295,491	-59,849	-31,140	-35,347	-67,680	494,507	-33,158	-56,416	-25,305	22,119	88,269	112,908	153,830	169,033	266,961	471,343	1,124,758	1,682,493	1,998,029	2,315,218	2,964,123	3,770,875	4,667,900	4,759,500	2,685,400	3,064,300	3,358,500	3,421,600	2,024,200	229,800	75,200	-	-
Net Invested Capital	0	0	0	459,000	422,914	387,728	421,284	0	0	0	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	30,040	25,608	16,955	164,820	26,209	21,019	19,984	32,374	28,957	28,577	34,702	40,081	12,609	6,105	4,583	0	0	0	0	0	0	38	38	323	2,208	4,200	5,600	8,100	14,900	19,000	13,500	8,400	5,700	3,600	-	-
Net Tangible Assets	0	793,485	663,436	458,889	420,181	384,270	415,764	357,179	382,367	497,644	476,218	561,303	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	-5,232,738	341,193	381,613	459,012	73,206	45,309	56,952	91,360	54,956	63,154	88,485	75,987	59,220	23,862	33,548	18,435	28,352	-39,098	38,335	-22,378	-18,114	9,842	1,767	15,496	4,509	6,300	-15,600	-3,287,200	-2,944,100	13,800	-87,200	-147,200	-81,500	3,100	-	-
Non Current Assets Total	6,101,846	301,748	3,181,839	2,596,255	5,188,163	3,749,464	3,173,519	3,212,084	3,504,536	3,520,239	4,018,836	858	2,401,099	1,464,903	596,400	18,390	48,498	15,945	28,975	301,736	323,758	2,209,027	2,473,218	3,051,522	3,877,352	4,567,900	5,103,500	3,690,500	3,178,300	3,028,900	2,892,300	2,119,400	1,643,800	1,314,300	-	-
Non Current Liabilities Other	0	0	2,858,082	2,445,327	4,755,864	3,271,227	2,569,772	2,901,761	2,592,924	3,016,756	3,582,159	3,570,813	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	71,956	16,450	18,543	111	2,733	3,458	5,520	6,440	528,442	10,786	12,914	30,504	70,895	107,105	143,081	466,782	232,822	227,863	656,642	1,252,168	1,715,389	2,014,883	2,322,300	2,990,900	3,819,500	4,698,000	4,777,800	177,100	154,000	3,364,800	3,335,600	1,876,800	147,600	75,500	-	-
Non Currrent Assets Other	8,537	-2,810,957	-3,181,839	-2,596,255	-5,188,163	-3,749,464	-3,173,519	-3,212,084	-3,504,536	-3,520,239	-4,018,836	-858	-2,401,099	-1,464,903	-596,400	-18,390	-48,498	-15,945	-28,975	-301,736	-323,758	-2,209,027	-2,473,218	-3,051,522	-3,877,352	-4,567,900	-5,103,500	-3,690,500	-3,178,300	-3,028,900	-2,892,300	-2,119,400	-1,643,800	-1,314,300	-	-
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	-	-
Other Assets	119,538	2,945,843	127,958	31,077	93,650	81,008	71,573	91,131	108,813	102,971	107,268	4,200,489	119,709	159,740	326,906	564,466	290,908	393,732	731,766	1,046,676	1,534,091	14,035	20,427	80,978	262,735	576,600	250,800	277,500	274,600	546,400	819,500	135,400	180,700	94,100	-	-
Other Current Assets	-149,679	-357,643	-382,978	-460,422	-160,439	3,749,464	3,173,354	3,200,106	3,487,508	3,508,819	20,046	30,742	2,601,052	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Other Current Liab	-5,381,104	-16,450	-1,365	-1,410	-15,585	-10,308	-3,734	-3,156	-1,743	-1,947	-2,548	-2,895	-2,165	-1,079	-1,208	5,900	7,000	-95,978	6,900	74,900	25,500	3,301	3,301	7,825	39,997	19,600	32,300	3,304,000	2,975,900	-11,500	-102,200	-156,700	-88,000	-800	-	-
Other Liab	0	10,918	6,332	8,169	9,696	62,158	160,769	2,809	3,504	57,113	37,593	68,887	46,156	15,939	7,899	5,866	7,029	6,178	6,749	4,420	1,626	1,612	3,303	7,794	0	0	0	0	0	0	0	0	0	0	-	-
Other Stockholder Equity	1,404,431	1,357,514	1,107,792	869,495	858,347	818,442	775,873	727,369	725,358	763,935	761,550	759,214	634,683	538,304	379,717	366,817	366,716	366,637	366,903	366,896	360,684	364,743	364,740	351,999	351,995	477,200	552,900	495,800	363,800	206,800	259,800	184,500	128,400	128,400	-	-
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	-	-
Preferred Stock Total Equity	0	0	107,843	174,564	162,807	142,883	141,294	110,005	109,658	109,658	109,658	55,407	0	0	41,749	41,749	41,749	41,749	55,666	55,666	47,014	94,586	94,588	127,407	0	0	0	0	0	0	0	0	0	0	-	-
Property Plant And Equipment Gross	0	0	0	0	0	0	0	0	0	0	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 Net	0	0	0	0	0	0	0	0	0	0	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 Equipment	0	0	0	0	0	0	0	0	0	0	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	-483,607	-383,219	-451,452	-491,104	-612,201	-399,021	-351,970	-338,073	-330,713	-288,154	-252,059	-250,965	-260,483	-256,307	-262,913	-264,330	-267,743	-272,632	-273,497	-277,735	-254,079	-218,545	-202,502	-197,800	-105,937	-24,400	8,000	7,700	-9,000	-9,300	-6,800	-7,100	-7,000	-8,000	-	-
Retained Earnings Total Equity	0	0	-451,452	-491,104	-612,201	-399,021	-351,970	-338,073	-330,713	-288,154	-252,059	-250,965	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	0	0	0	4,752,348	3,267,984	2,565,902	2,898,952	2,326,420	2,803,433	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Short Long Term Debt Total	5,381,104	2,644,405	2,849,916	111	2,733	3,458	5,520	6,440	528,442	10,786	12,914	30,504	70,895	107,105	143,081	178,165	204,385	323,841	516,578	1,177,280	1,689,879	2,013,271	2,322,347	2,990,896	3,819,476	4,698,000	4,777,800	2,696,800	3,086,500	3,364,800	3,423,100	2,025,300	230,600	75,500	-	-
Short Term Debt	5,381,104	2,644,405	2,849,916	2,437,163	4,752,348	3,267,984	2,565,902	2,898,952	3,109,420	2,803,433	0	30,504	0	0	0	0	0	95,978	0	0	0	0	0	0	0	0	0	0	0	0	87,500	148,500	83,000	0	-	-
Short Term Investments	0	2,617	7,969	11,342	4,290	0	146,530	24,769	51,190	42,263	13,385	0	1,018	1,229	0	2,974	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	-	-
Total Assets	6,369,750	3,605,234	3,692,775	3,087,754	5,370,604	3,886,089	3,305,778	3,397,731	3,670,048	3,688,311	4,217,137	4,280,229	2,582,193	1,649,584	958,062	607,191	374,758	466,557	805,976	1,400,934	1,865,235	2,238,304	2,500,812	3,159,596	4,190,896	5,178,800	5,378,200	3,987,500	3,490,000	3,600,600	3,726,800	2,264,300	1,831,000	1,412,300	-	-
Total Current Assets	148,366	357,643	382,978	460,422	88,791	55,617	60,686	94,516	56,699	65,101	91,033	78,882	61,385	24,941	34,756	24,335	35,352	56,880	45,235	52,522	7,386	15,242	7,167	27,096	50,809	34,300	23,900	19,500	37,100	25,300	15,000	9,500	6,500	3,900	-	-
Total Current Liabilities	5,381,104	16,450	1,365	1,410	15,585	10,308	3,734	3,156	1,743	1,947	2,548	2,895	2,165	1,079	1,208	5,900	7,000	95,978	6,900	74,900	25,500	5,400	5,400	11,600	46,300	28,000	39,500	3,306,700	2,981,200	11,500	102,200	156,700	88,000	800	-	-
Total Liab	5,499,015	2,703,906	1,365	2,454,301	4,787,616	3,358,936	2,748,720	2,930,547	3,178,023	3,081,009	3,631,261	3,663,519	2,210,844	1,357,227	789,309	466,782	232,822	330,019	656,642	1,252,168	1,715,389	2,014,883	2,327,749	3,002,465	3,865,824	4,726,000	4,817,300	3,484,000	3,135,200	3,403,100	3,473,800	2,086,900	1,709,600	1,291,900	-	-
Total Permanent Equity	0	0	0	0	0	0	557,058	467,184	0	0	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	870,735	901,328	771,279	633,453	582,988	527,153	557,058	467,184	492,025	607,302	585,876	616,710	371,349	292,357	168,753	140,409	141,936	136,538	149,334	148,766	149,846	223,421	173,063	157,131	325,072	452,800	560,900	503,500	354,800	197,500	253,000	177,400	121,400	120,400	-	-
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	-	-
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	-	-

	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	1989-03-31	1988-03-31
Accounts Payable	53,194	43,168	33,794	12,806	16,450	4,909	1,811	1,524	1,365	639	405	418	1,410	1,059	907	9,606	15,585	7,186	15,907	12,939	10,308	5,676	5,469	5,123	3,734	2,720	1,524	2,628	3,156	2,163	1,714	2,243	1,743	1,538	2,067	2,260	1,947	1,492	1,770	2,846	2,548	2,433	1,661	2,873	2,895	2,381	1,991	1,697	2,165	1,240	1,437	1,311	1,079	790	1,145	1,162	1,208	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	0	2,099	771	2,099	958	2,117	3,775	0	1,641	4,292	6,303	6,303	6,400	6,200	4,700	8,400	6,700	7,400	7,300	7,200	4,000	2,500	3,000	2,700	3,800	4,800	5,300	5,300	7,100	7,800	10,700	11,500	9,400	11,300	11,400	14,700	7,300	9,000	6,100	8,200	5,300	6,200	4,500	5,000	3,300	2,700	2,000	800	700	800	1,400	-	-
Accumulated Amortization	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-	-
Accumulated Other Comprehensive Income	-158,502	-217,770	-175,996	-166,553	-181,346	-196,629	-145,521	-84,611	6,729	20,236	29,375	15,105	80,261	88,729	81,731	246,778	173,806	217,010	161,815	50,688	-35,779	-85,833	-63,919	-54,159	-8,697	5,886	-257	-12,632	-32,609	52,578	51,908	28,960	-12,768	32,109	4,691	44,369	21,316	16,462	30,944	-4,256	-33,816	-34,363	-35,100	61,557	52,511	55,890	21,505	22,924	-3,255	-1,605	6,699	6,383	10,057	17,600	17,436	14,112	10,061	7,999	3,968	228	-3,949	-6,041	-3,953	-4,916	1,093	1,075	793	663	663	440	588	504	140	-42	54	3,817	3,817	1,999	1,438	-3,542	-3,882	-3,965	-2,971	-4,646	-17,472	-19,612	-17,508	-75,437	-83,872	-94,738	-107,860	-124,589	0	-121,331	-116,985	-48,507	0	-28,400	-17,300	-4,000	-3,100	28,000	62,100	67,900	79,400	70,200	77,000	58,500	64,400	65,600	41,200	13,600	0	0	0	0	0	-19,200	-10,100	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	142,574	141,788	141,788	141,294	135,828	128,165	117,473	110,005	109,658	109,658	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-	-
Capital Stock	108,413	108,409	108,385	108,382	108,379	108,306	108,278	108,213	108,210	108,202	108,186	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	1,397,268	1,365,484	1,361,000	1,357,514	1,264,831	1,218,298	1,112,628	1,107,792	1,094,296	1,065,670	997,326	869,495	859,089	858,451	858,203	858,347	858,050	882,633	872,010	818,442	795,630	782,011	776,117	775,873	742,845	728,124	727,503	727,369	726,701	726,063	725,438	725,358	0	758,230	763,979	763,935	763,228	762,502	761,827	761,550	761,862	0	0	759,214	0	0	0	0	634,317	633,969	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	119,639	271,168	300,108	279,028	332,035	260,385	325,679	456,957	366,023	382,796	349,381	328,936	295,602	158,897	147,243	51,411	62,582	41,781	49,956	55,902	34,598	55,251	165,126	28,072	40,867	117,702	100,863	65,943	74,120	73,406	96,897	82,940	33,935	12,636	56,463	38,504	43,944	56,639	36,837	61,168	69,330	39,608	29,343	44,129	55,809	34,723	53,763	41,724	48,776	10,156	33,975	49,840	18,836	17,194	30,279	30,714	30,173	21,749	32,200	21,841	24,335	16,411	42,501	37,935	35,352	35,447	62,556	56,880	56,880	52,285	47,692	23,290	45,235	19,214	23,789	52,522	52,522	40,392	22,905	5,279	7,386	9,208	13,852	6,795	15,242	6,416	32,873	4,466	7,129	18,071	7,164	26,773	26,773	28,690	8,923	48,601	48,601	49,600	34,900	28,700	30,100	17,500	20,400	16,300	18,300	8,300	7,900	8,400	11,400	13,800	20,900	22,200	22,200	3,400	3,200	2,700	6,300	3,600	8,900	7,400	1,500	900	2,200	500	1,100	3,200	300	100	800	100	500	4,800	300	500	500	600	-	-
Cash And Equivalents	0	271,168	300,108	279,028	332,035	260,385	325,679	456,957	366,023	382,796	349,381	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	119,639	271,168	300,108	279,028	332,035	263,458	325,679	456,957	366,023	382,796	349,381	328,936	295,602	158,897	3,644,168	51,411	62,582	41,781	49,956	55,902	34,598	3,349,761	2,982,943	28,072	40,867	117,702	100,863	65,943	74,120	73,406	96,897	82,940	33,935	12,636	56,463	38,504	43,944	56,639	36,837	61,168	69,330	39,608	29,343	44,129	55,809	35,619	54,696	95,345	49,794	11,215	35,102	51,011	20,065	18,631	31,876	32,870	30,173	21,749	32,200	21,841	24,335	16,411	42,501	37,935	35,352	35,447	62,556	56,880	56,880	52,285	47,692	23,290	45,235	19,214	23,789	52,522	52,522	40,392	22,905	5,279	7,386	9,208	13,852	6,795	15,242	6,416	32,873	4,466	7,129	18,071	7,164	26,773	0	28,690	8,923	48,601	48,601	49,600	34,900	28,700	30,100	17,500	20,400	16,300	18,300	8,300	7,900	8,400	11,400	13,800	20,900	22,200	22,200	3,400	3,200	2,700	6,300	3,600	8,900	7,400	1,500	900	2,200	500	1,100	3,200	300	100	800	100	500	4,800	300	500	500	600	-	-
Common Stock	570	566	542	539	536	463	435	370	367	359	343	309	237	231	231	230	229	229	246	722	628	590	569	560	558	513	492	492	492	491	491	491	490	506	541	549	547	547	547	547	543	544	552	548	543	544	544	543	404	404	403	403	303	187	152	150	139	136	132	122	122	122	122	122	121	121	121	121	121	121	121	121	122	122	122	122	122	122	122	109	109	109	109	109	109	109	109	109	109	114	114	114	114	114	114	114	114	100	-110,100	-123,400	-124,300	-155,400	-189,500	-195,700	-209,800	-203,100	-211,800	-194,800	-204,000	-152,500	-128,100	-100,500	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	57,304	54,557	54,585	53,824	48,541	45,348	39,558	37,112	36,730	34,924	31,974	26,789	23,262	23,141	23,057	22,963	22,946	24,174	24,541	22,812	20,290	19,242	18,765	18,624	17,800	16,611	16,406	16,392	16,384	16,382	16,373	16,347	16,433	17,592	18,191	18,267	18,245	18,244	18,237	18,209	18,136	18,301	18,325	18,100	18,106	18,123	18,118	16,494	16,494	13,451	13,445	11,052	11,052	7,152	6,449	6,146	6,146	5,925	5,737	4,057	4,057	4,058	5,466	4,496	4,496	4,007	4,045	3,912	3,912	4,060	4,640	4,048	4,048	5,931	4,934	4,478	4,478	4,054	3,823	3,654	3,654	3,625	3,625	3,625	3,625	3,625	3,625	3,625	3,625	3,815	3,815	3,792	3,792	3,815	3,818	3,807	3,807	3,867	3,836	3,836	3,836	3,830	3,809	3,799	3,799	885	901	6,824	6,824	1,765	1,829	6,638	6,638	1,667	1,667	6,567	3,305	3,343	3,340	3,270	3,270	3,147	2,758	2,755	2,755	2,404	2,262	2,259	2,259	2,255	2,255	2,255	2,255	2,296	2,348	2,408	2,408	2,408
Common Stock Total Equity	0	0	542	539	0	0	435	370	367	359	343	309	237	231	231	230	229	229	246	722	628	590	569	560	558	513	492	492	492	491	491	491	490	506	541	549	547	547	547	547	543	544	552	548	543	544	544	543	404	404	403	403	303	187	152	150	139	136	132	122	122	122	122	122	121	121	121	121	121	121	121	121	122	122	122	122	122	122	122	109	109	109	109	109	109	109	109	109	109	114	114	114	114	114	114	114	114	100	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	5,327,910	-4,959,062	-4,168,107	-2,924,318	-2,627,955	-3,004,360	-2,200,837	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-	-
Deferred Long Term Liab	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Earning Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Good Will	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	0	0	-7,102	-13,865	-81,919	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	6,369,750	6,040,782	5,525,955	3,869,858	3,605,234	4,049,565	3,204,337	3,849,222	3,692,775	3,354,110	3,474,295	2,901,108	3,087,754	3,215,039	3,897,628	5,374,218	5,370,604	5,487,401	5,868,885	5,035,133	3,886,089	3,448,179	3,082,777	3,205,672	3,305,778	3,143,278	3,060,220	3,339,874	3,397,731	3,343,556	3,469,073	3,584,088	3,670,048	3,928,201	4,169,042	4,075,511	3,688,311	3,813,511	4,115,918	4,144,282	4,217,137	4,319,644	4,749,271	4,628,113	4,280,229	4,405,030	3,729,197	3,349,056	2,582,193	2,633,686	2,656,703	2,359,816	1,649,584	1,091,835	983,438	994,458	958,062	872,546	818,532	734,556	607,191	603,093	478,191	388,451	374,758	384,388	444,578	466,557	466,557	479,675	744,492	766,964	805,976	872,325	931,268	1,400,934	1,400,934	1,618,205	1,744,435	1,799,493	1,865,235	1,952,797	2,046,977	2,136,578	2,238,304	2,337,620	2,482,516	2,349,247	2,500,812	2,633,650	2,793,410	3,159,596	3,159,596	3,363,473	3,616,681	4,190,896	4,190,896	4,678,400	4,709,500	4,906,000	5,178,800	5,669,900	6,070,600	6,116,400	5,378,200	4,880,000	5,038,800	3,949,900	3,987,500	4,513,400	4,220,500	3,490,000	3,490,000	3,464,500	3,336,000	3,230,300	3,600,600	3,746,200	3,427,300	3,533,900	3,726,800	3,168,400	2,685,400	2,512,700	2,264,300	2,211,900	1,971,500	1,866,200	1,831,000	1,636,000	1,582,400	1,560,200	1,412,300	1,269,200	1,288,000	1,434,200	-	-
Long Term Debt	0	0	23,621	27,125	435	0	12,559	18,328	1,834	22,632	9,326	19,866	1,634	5,164	4,208	13,640	974	439	207	3,219	1,218	2,039	4,393	5,290	269	133	7,578	6,133	13,362	91,048	97,780	98,627	49,647	8,581	57,028	57,168	35,898	3,179,506	3,483,097	23,531	19,595	41,985	24,634	28,473	42,537	31,295	31,561	32,237	70,895	112,851	119,278	106,223	107,105	108,027	191,929	201,506	143,081	157,279	163,023	182,308	186,699	195,263	200,967	211,557	221,181	199,883	217,875	223,462	227,863	235,419	487,429	503,536	516,578	687,208	724,813	1,131,617	1,177,280	1,467,116	1,590,419	1,631,260	1,689,879	1,790,169	1,880,951	1,928,973	2,013,271	2,098,296	2,239,016	2,165,019	2,322,347	2,449,634	2,611,742	2,811,033	2,990,896	3,173,864	3,416,425	3,663,792	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	23,621	27,125	435	0	12,559	18,328	1,834	12,584	27,325	19,866	1,634	5,164	4,208	13,640	974	439	207	3,219	1,218	2,039	0	0	269	133	7,578	6,133	13,362	91,048	97,780	98,627	49,647	0	57,028	57,168	35,898	3,179,506	3,483,097	23,531	19,595	41,985	0	0	42,537	0	0	0	0	112,851	119,278	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	158,201	304,204	618,203	283,814	3,112,705	3,150,306	2,659,386	3,215,017	3,181,839	2,858,166	2,995,502	109,746	11,342	11,187	7,926	10,953	13,695	14,681	10,648	16,892	18,090	14,954	21,270	19,853	18,678	16,891	17,612	18,455	47,570	33,351	40,236	38,214	42,815	0	61,395	50,876	49,427	48,751	57,801	65,868	4,092,072	4,215,754	0	0	4,175,662	0	0	0	0	2,595,574	2,591,529	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-	-
Net Debt	5,261,465	4,731,062	3,901,793	2,658,096	2,312,370	2,748,884	1,876,969	-456,957	-366,023	-382,796	-349,381	-328,936	-295,491	-158,252	-145,961	-49,240	-59,849	-38,831	-46,878	-52,683	-31,140	-51,542	-160,733	-22,782	-35,347	-111,996	-94,971	-59,868	-67,680	196,619	173,623	188,200	494,507	250,945	60,401	-28,308	-33,158	-45,445	-24,764	-48,774	-56,416	-18,460	-4,709	-15,656	-25,305	-3,428	-22,202	-9,487	22,119	73,857	72,008	56,383	88,269	90,833	-30,279	170,792	112,908	135,530	130,823	160,467	153,830	168,773	146,803	162,378	169,033	147,623	138,490	266,961	266,961	270,018	553,309	601,371	471,343	518,171	535,281	1,124,758	1,124,758	1,426,724	1,567,514	1,625,981	1,682,493	1,780,961	1,867,099	1,954,257	1,998,029	2,091,880	2,206,143	2,160,553	2,315,218	2,431,563	2,604,578	2,964,123	2,964,123	3,145,174	3,407,502	3,770,875	3,770,875	4,187,700	4,218,300	4,406,500	4,667,900	5,113,100	5,453,800	5,513,100	4,759,500	3,327,200	3,409,400	2,560,100	2,685,400	2,791,800	1,915,400	3,064,300	3,064,300	939,600	2,187,700	2,961,300	3,358,500	3,445,600	3,111,500	3,198,400	3,421,600	2,862,500	2,440,900	2,277,000	2,024,200	2,013,600	1,789,600	203,000	229,800	126,600	78,200	105,700	75,200	29,400	24,300	65,600	-	-
Net Invested Capital	0	0	0	0	0	0	0	0	0	0	0	0	459,000	429,489	394,042	378,069	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	30,040	26,756	24,352	132,557	25,608	368,400	15,613	17,405	16,955	14,558	15,113	20,547	164,820	16,485	172,667	1,526,675	26,209	24,094	25,292	26,075	21,019	19,575	19,648	23,622	19,984	36,061	25,107	27,407	32,374	29,095	27,413	28,533	28,957	32,044	128,067	31,648	28,577	48,431	33,246	31,499	34,702	40,434	70,039	43,535	40,081	22,091	17,618	15,979	12,609	12,353	11,380	20,466	6,105	4,132	5,043	4,270	4,583	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	0	0	0	38	0	38	25	67	323	323	284	1,239	2,208	2,208	3,100	2,800	3,300	4,200	7,200	5,200	12,500	5,600	9,400	8,700	8,600	8,100	10,100	13,000	14,900	14,900	15,900	16,000	16,000	19,000	18,500	15,100	13,500	13,500	12,300	10,000	9,700	8,400	6,400	6,700	5,800	5,700	4,400	4,500	4,500	3,600	2,300	2,100	2,900	-	-
Net Tangible Assets	0	696,503	773,119	746,985	793,485	663,424	734,523	677,790	663,436	665,668	647,786	623,433	458,889	428,844	392,760	375,898	420,181	421,640	442,567	456,776	384,270	404,179	400,446	401,836	415,764	388,271	369,110	375,049	357,179	385,261	381,868	374,141	382,367	0	465,595	495,803	497,644	504,389	503,256	489,357	476,218	471,383	0	0	561,303	0	0	0	0	369,534	386,860	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-5,234,152	254,756	289,302	283,456	341,193	274,639	339,481	472,838	381,613	395,909	363,032	343,998	294,192	173,178	162,956	64,909	46,997	58,689	59,341	69,038	24,290	69,150	178,983	45,862	37,133	134,249	118,634	86,164	70,964	90,744	114,802	102,848	32,192	32,014	75,711	59,100	41,997	76,133	57,544	81,709	66,782	59,342	51,986	66,176	52,914	54,433	70,323	56,006	46,611	21,269	43,918	58,092	17,757	20,536	34,177	33,822	33,548	15,949	3,900	0	17,435	14,011	37,201	28,735	28,352	28,547	56,156	-39,098	0	-50,968	-65,880	-97,835	38,335	-16,386	-29,811	-11,178	0	22,492	4,205	-18,121	-18,114	8,008	12,552	5,395	13,642	1,216	29,673	2,166	1,767	15,396	1,231	15,496	0	11,374	-12,938	2,909	0	38,100	19,400	12,100	6,300	18,000	18,200	21,500	-16,900	13,700	14,100	14,000	16,800	20,100	29,100	31,800	0	12,200	-2,028,000	8,000	13,800	12,700	-45,700	-47,800	-87,200	-85,900	-82,800	-86,200	-147,200	-98,100	-238,100	-84,700	-81,500	-16,200	2,300	7,300	3,100	2,100	1,800	2,100	-	-
Non Current Assets Total	6,101,846	304,204	618,203	283,814	301,748	3,150,306	2,659,386	3,215,017	3,181,839	2,858,166	2,995,502	2,380,373	2,792,152	2,995,660	3,496,925	3,719,706	5,308,022	5,302,926	5,713,788	4,842,447	3,851,491	3,294,510	2,817,817	3,069,357	3,264,911	2,921,444	2,864,026	3,186,749	3,323,611	3,110,467	3,208,735	3,328,850	3,636,113	3,748,460	3,863,616	3,889,745	3,644,367	3,615,393	3,949,965	3,959,852	4,147,807	4,143,049	4,565,105	4,466,517	4,224,420	4,258,873	3,555,530	3,184,903	2,533,417	2,487,179	2,474,574	2,136,165	1,630,748	903,651	750,559	749,828	703,230	609,101	779,167	0	18,390	27,788	168,150	71,660	48,498	42,903	54,981	15,945	0	54,655	19,710	40,100	28,975	85,577	97,065	301,736	0	245,012	288,786	310,368	323,758	324,860	348,834	2,116,784	2,209,027	7,307	2,406,089	2,316,686	2,473,218	2,597,861	2,763,894	3,051,522	0	3,262,715	3,421,253	3,877,352	0	4,098,000	4,063,700	4,434,500	4,567,900	4,819,100	5,461,500	4,994,100	5,103,500	4,028,000	4,656,100	3,529,600	3,690,500	4,282,300	4,019,200	3,178,300	0	2,247,800	2,194,500	2,817,500	3,028,900	3,250,900	3,099,200	2,920,200	2,892,300	2,510,800	2,337,800	2,272,500	2,119,400	1,805,600	1,707,800	1,600,700	1,643,800	1,437,800	1,462,100	1,412,300	1,314,300	1,209,000	1,245,900	1,287,200	-	-
Non Current Liabilities Other	0	0	4,578,138	2,993,010	0	0	2,339,993	2,989,019	2,858,082	2,561,026	2,684,850	2,143,909	2,445,327	2,598,673	3,318,027	4,410,399	4,755,864	4,875,670	4,817,994	4,256,299	3,271,227	2,693,959	2,517,425	2,615,604	2,569,772	2,521,643	2,542,722	2,827,657	2,901,761	2,480,167	2,602,796	2,724,172	2,592,924	0	3,515,802	3,188,841	3,016,756	2,845	2,517	3,487,192	3,582,159	3,677,553	0	0	3,570,813	0	0	0	0	2,065,060	2,138,235	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	71,956	234,206	443,092	12,806	16,450	4,909	1,811	1,524	1,365	2,573,610	2,712,175	2,163,775	111	645	1,282	2,171	2,733	2,950	3,078	3,219	3,458	3,709	4,393	5,290	5,520	5,706	5,892	6,075	6,440	270,025	270,520	271,140	528,442	263,581	116,864	10,196	10,786	11,194	12,073	12,394	12,914	21,148	24,634	28,473	30,504	31,295	31,561	32,237	70,895	84,013	105,983	106,223	107,105	108,027	782,900	201,506	143,081	708,785	663,905	182,308	466,782	463,459	335,736	248,085	232,822	243,037	305,192	227,863	0	219,050	487,429	503,536	656,642	722,791	778,403	1,252,168	1,177,300	1,484,986	1,609,074	1,654,694	1,715,389	1,791,369	1,882,268	1,962,536	2,014,883	2,098,300	2,239,000	2,165,000	2,322,300	2,449,600	2,611,700	2,990,900	2,990,900	3,173,900	3,416,400	3,819,500	3,819,500	4,237,300	4,253,200	4,435,200	4,698,000	5,130,600	5,474,200	5,529,400	4,765,600	3,335,500	3,417,300	2,568,500	2,696,800	2,805,600	1,936,300	3,086,500	3,086,500	943,000	151,500	2,964,000	3,364,800	3,449,200	3,062,000	3,148,500	3,335,600	2,771,600	2,357,100	2,187,200	1,876,800	1,914,400	1,551,000	117,000	147,600	109,300	78,700	110,500	75,500	29,900	24,800	66,200	-	-
Non Currrent Assets Other	8,537	-304,204	-618,203	-283,814	-2,810,957	-3,150,306	-2,659,386	-3,215,017	-3,181,839	-2,858,166	-2,995,502	-2,380,373	195,897	-2,995,660	-3,496,925	-3,719,706	119,859	-5,302,926	-5,713,788	-4,842,447	102,027	-3,294,510	-2,817,817	-3,069,357	91,392	-2,921,444	-2,864,026	-3,186,749	111,527	-3,110,467	-3,208,735	-3,328,850	131,577	-3,748,460	-3,863,616	-3,889,745	124,128	-3,615,393	-3,949,965	-3,959,852	128,971	-4,143,049	-4,565,105	-4,466,517	4,223,562	-4,258,873	-3,555,530	-3,184,903	132,318	-2,487,179	-2,474,574	-2,136,165	165,845	-903,651	-750,559	-749,828	-703,230	-609,101	-779,167	0	-18,390	-27,788	-168,150	-71,660	-48,498	-42,903	-54,981	-15,945	0	-54,655	-19,710	-40,100	-28,975	-85,577	-97,065	-301,736	0	-245,012	-288,786	-310,368	-323,758	-324,860	-348,834	-2,116,784	-2,209,027	-7,307	-2,406,089	-2,316,686	-2,473,218	-2,597,861	-2,763,894	-3,051,522	0	-3,262,715	-3,421,253	-3,877,352	0	-4,098,000	-4,063,700	-4,434,500	-4,567,900	-4,819,100	-5,461,500	-4,994,100	-5,103,500	-4,028,000	-4,656,100	-3,529,600	-3,690,500	-4,282,300	-4,019,200	-3,178,300	0	-2,247,800	-2,194,500	-2,817,500	-3,028,900	-3,250,900	-3,099,200	-2,920,200	-2,892,300	-2,510,800	-2,337,800	-2,272,500	-2,119,400	-1,805,600	-1,707,800	-1,600,700	-1,643,800	-1,437,800	-1,462,100	-1,412,300	-1,314,300	-1,209,000	-1,245,900	-1,287,200	-	-
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	-	-
Other Assets	120,952	5,438,654	4,584,656	3,289,782	2,945,843	619,711	203,659	159,843	127,958	99,396	115,356	176,319	3,087,754	45,142	236,840	1,579,997	5,370,604	118,600	79,849	110,709	3,886,089	78,843	80,508	85,330	3,305,778	84,865	76,036	64,333	3,397,731	140,182	143,822	150,147	3,670,048	146,189	227,648	124,406	3,688,311	120,493	106,639	99,875	4,217,137	114,820	130,519	92,547	4,280,229	89,343	101,353	106,450	2,582,193	123,998	136,774	164,248	1,649,584	166,858	197,557	209,646	220,076	241,696	7,165	734,556	564,466	558,894	267,540	278,856	290,908	306,038	327,041	393,732	466,557	372,735	677,090	703,574	731,766	767,534	810,414	1,046,676	1,400,934	1,332,801	1,432,744	1,483,846	1,534,091	1,618,729	1,684,291	12,999	14,035	2,323,897	43,554	28,095	20,427	17,693	22,285	80,978	3,155,788	71,784	185,266	262,735	4,190,896	527,700	608,100	439,500	576,600	826,100	583,500	1,093,500	250,800	834,300	366,100	403,300	277,500	207,200	167,400	274,600	3,490,000	1,197,400	1,122,300	394,100	546,400	473,200	304,100	592,800	819,500	644,400	335,400	230,000	135,400	396,700	256,700	259,600	180,700	193,700	115,300	138,600	94,100	57,400	39,500	143,500	-	-
Other Current Assets	-149,679	-297,924	-324,460	-411,585	-357,643	-352,310	-341,292	114,732	-382,595	-397,339	333,919	308,389	-164,820	142,412	59,150	-1,503,571	71,648	5,302,926	5,712,546	4,842,447	3,749,464	58,334	-322	3,068,648	3,173,354	2,904,650	2,858,214	3,182,191	3,200,106	3,100,873	3,200,941	3,322,370	3,487,508	3,726,601	3,746,131	3,870,931	3,508,819	3,587,948	3,939,196	3,923,172	20,046	19,363	-7,956	-18,615	30,742	54,761	70,674	3,307,245	2,601,052	2,700,862	2,709,515	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Other Current Liab	-5,381,104	-43,168	-33,794	-12,806	-16,450	-4,909	-1,811	-1,524	-1,365	-639	-405	-418	-1,410	-1,059	-907	-9,606	-15,585	-7,186	-15,907	-12,939	-10,308	-5,676	-5,469	-5,123	-3,734	-2,720	-1,524	-2,628	-3,156	-2,163	-1,714	-2,243	-1,743	-1,538	-2,067	-2,260	-1,947	-1,492	-1,770	-2,846	-2,548	-2,433	-1,661	-2,873	-2,895	-2,381	-1,991	-1,697	-2,165	-1,240	-1,437	-1,311	-1,079	-790	-1,145	-1,162	-1,208	0	0	0	6,900	2,400	5,300	9,200	7,000	6,900	6,400	-95,978	0	-103,253	-113,572	-121,125	6,900	35,600	53,600	63,700	74,900	17,900	18,700	23,400	25,500	1,200	1,300	1,400	1,600	5,200	3,200	1,529	3,301	1,742	3,883	7,825	3,775	15,959	18,808	41,597	41,597	8,200	12,100	15,200	19,600	-6,700	-7,400	-7,300	33,600	-4,000	-2,500	-3,000	-2,700	-3,800	-4,800	-5,300	0	-7,100	0	-10,700	-11,500	-9,400	0	0	-102,200	-99,100	-95,000	-96,400	-156,700	-107,700	-245,100	-90,600	-88,000	-20,700	-2,700	-2,000	-800	-700	-800	-1,400	-	-
Other Liab	0	159,037	376,237	3,843	10,918	156,299	78,111	53,987	6,332	11,329	354,481	28,044	8,169	4,180	3,036	384,664	9,696	13,230	428,439	154,481	62,158	186,023	2,970	25,180	4,139	2,546	3,649	1,770	9,731	85,912	92,576	92,640	44,709	66,251	57,016	60,166	39,544	20,903	26,491	12,785	8,086	23,540	26,445	40,229	49,222	65,869	42,882	90,812	32,684	114,310	18,281	9,020	6,668	12,397	8,608	5,695	6,691	5,745	28,350	5,166	5,866	2,377	5,367	6,972	7,029	6,957	6,352	6,132	6,178	5,982	7,108	6,637	6,749	7,753	6,399	4,277	4,420	2,489	1,325	1,929	1,626	1,200	1,317	1,484	1,612	5,182	3,193	1,477	3,303	1,716	2,234	2,325	7,794	15,951	18,767	34,919	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	1,404,431	1,397,268	1,365,484	1,361,000	1,357,514	1,264,831	1,218,298	1,112,628	1,107,792	1,094,296	1,065,670	997,326	869,495	859,089	858,451	858,203	858,347	858,050	882,633	872,010	818,442	795,630	782,011	776,117	775,873	742,845	728,124	727,503	727,369	726,701	726,063	725,438	725,358	734,689	758,230	763,979	763,935	763,228	762,502	761,827	761,550	761,862	767,172	764,272	759,214	759,647	759,167	758,652	634,683	634,317	633,969	633,620	538,304	423,700	390,544	389,459	379,717	376,659	373,438	366,836	366,817	366,793	366,769	366,731	366,716	366,716	366,716	366,637	366,637	366,637	366,633	366,612	366,903	366,903	366,903	366,896	366,896	366,896	366,897	360,684	360,684	360,684	360,684	360,706	364,743	364,743	364,743	364,740	364,740	361,469	361,584	351,999	0	351,999	351,997	351,995	430,895	352,000	462,900	476,200	477,200	507,700	539,000	544,000	552,900	529,600	523,300	496,200	495,800	441,700	414,300	363,800	363,800	271,600	297,900	247,300	206,800	279,200	278,900	289,600	259,800	247,200	185,600	185,000	184,500	143,500	128,800	128,700	128,400	128,300	128,400	128,300	128,400	129,500	130,800	132,500	-	-
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	-	-
Preferred Stock Total Equity	0	0	107,843	107,843	0	0	107,843	107,843	107,843	107,843	107,843	107,843	174,564	174,709	174,709	174,709	162,807	162,807	156,071	147,898	142,883	142,574	141,788	141,788	141,294	135,828	128,165	117,473	110,005	109,658	109,658	109,658	109,658	109,658	109,658	109,658	109,658	109,658	109,658	109,658	109,658	109,658	109,658	55,407	55,407	55,407	0	0	0	0	0	0	0	41,748	41,749	41,749	41,749	41,749	41,749	41,749	41,749	41,749	41,749	41,749	41,749	41,749	41,749	41,749	41,749	41,749	41,749	41,749	55,666	55,666	55,666	55,666	55,666	55,666	55,670	47,014	47,014	47,013	47,013	47,013	94,586	94,586	94,586	94,588	94,588	106,975	106,860	127,407	127,407	127,407	127,407	127,407	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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 Net	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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 Equipment	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-483,607	-483,561	-416,911	-448,001	-383,219	-405,241	-338,689	-350,597	-451,452	-449,223	-447,602	-389,307	-491,104	-519,205	-547,653	-729,313	-612,201	-653,649	-602,127	-466,644	-399,021	-306,208	-318,215	-320,682	-351,970	-360,973	-359,249	-340,314	-338,073	-394,509	-396,594	-380,748	-330,713	-349,202	-297,867	-313,094	-288,154	-275,848	-290,737	-268,761	-252,059	-256,660	-235,045	-248,486	-250,965	-253,557	-256,143	-259,222	-260,483	-263,582	-254,211	-256,913	-256,307	-257,761	-259,050	-261,826	-262,913	-262,782	-264,660	-264,998	-264,330	-262,989	-262,232	-263,320	-267,743	-268,310	-269,993	-272,632	-272,632	-273,926	-272,708	-273,320	-273,497	-273,115	-269,880	-277,735	-277,735	-291,464	-288,766	-259,466	-254,079	-242,413	-240,126	-229,140	-218,545	-205,684	-201,623	-202,020	-202,502	-192,478	-184,995	-197,800	-197,800	-186,172	-185,336	-105,937	-105,937	-24,600	-25,000	-25,300	-24,400	-4,200	4,000	5,400	8,000	9,700	9,000	8,700	7,700	6,100	3,700	-9,000	-9,000	-9,600	-10,000	-10,000	-9,300	-4,100	-1,500	-1,400	-6,800	-2,200	-2,700	-2,800	-7,100	-1,000	-2,600	-4,100	-7,000	-6,000	-7,300	-7,400	-8,000	-8,200	-8,800	-9,800	-	-
Retained Earnings Total Equity	0	0	-416,911	-448,001	0	0	-338,689	-350,597	-451,452	-449,223	-447,602	-389,307	-491,104	-519,205	-547,653	-729,313	-612,201	-653,649	-602,127	-466,644	-399,021	-306,208	-318,215	-320,682	-351,970	-360,973	-359,249	-340,314	-338,073	-394,509	-396,594	-380,748	-330,713	0	-297,867	-313,094	-288,154	-275,848	-290,737	-268,761	-252,059	-256,660	0	0	-250,965	0	0	0	0	-263,582	-254,211	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	4,752,348	4,872,869	4,815,452	4,252,893	3,267,984	2,690,858	2,514,984	2,613,892	2,565,902	2,519,230	2,548,337	2,825,945	2,898,952	2,741,278	2,863,480	0	2,326,420	0	0	0	2,803,433	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	0	0	0	0	-	-
Short Long Term Debt Total	5,381,104	5,002,230	4,201,901	2,937,124	2,644,405	3,009,269	2,202,648	0	1,834	22,632	9,326	111	111	645	1,282	2,171	2,733	2,950	3,078	3,219	3,458	3,709	4,393	5,290	5,520	5,706	5,892	6,075	6,440	270,025	270,520	271,140	528,442	263,581	116,864	10,196	10,786	11,194	12,073	12,394	12,914	21,148	24,634	28,473	30,504	31,295	31,561	32,237	70,895	84,013	105,983	106,223	107,105	108,027	782,900	201,506	143,081	157,279	163,023	182,308	178,165	185,184	189,304	200,313	204,385	183,070	201,046	323,841	323,841	322,303	601,001	624,661	516,578	537,385	559,070	1,177,280	1,177,280	1,467,116	1,590,419	1,631,260	1,689,879	1,790,169	1,880,951	1,961,052	2,013,271	2,098,296	2,239,016	2,165,019	2,322,347	2,449,634	2,611,742	2,990,896	2,990,896	3,173,864	3,416,425	3,819,476	3,819,476	4,237,300	4,253,200	4,435,200	4,698,000	5,130,600	5,474,200	5,529,400	4,777,800	3,335,500	3,417,300	2,568,500	2,696,800	2,805,600	1,936,300	3,086,500	3,086,500	943,000	2,190,900	2,964,000	3,364,800	3,449,200	3,120,400	3,205,800	3,423,100	2,863,400	2,443,100	2,277,500	2,025,300	2,016,800	1,789,900	203,100	230,600	126,700	78,700	110,500	75,500	29,900	24,800	66,200	-	-
Short Term Debt	5,381,104	5,002,230	4,201,901	2,937,124	2,644,405	3,009,269	2,202,648	2,952,802	2,849,916	2,527,065	2,321,043	2,032,089	111	645	1,282	2,171	4,752,348	4,872,869	4,815,452	4,252,893	3,267,984	2,690,858	2,514,984	2,613,892	2,565,902	2,519,230	2,548,337	2,825,945	2,898,952	2,741,278	2,863,480	0	520,000	0	0	0	2,803,433	0	0	0	0	0	0	0	30,504	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	95,978	95,978	103,253	113,572	121,125	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	2,039,400	0	0	0	58,400	57,300	87,500	91,800	86,000	90,300	148,500	102,400	238,900	86,100	83,000	17,400	0	0	0	0	0	0	-	-
Short Term Investments	0	4,594	174	37,179	2,617	3,073	81,919	3,757	4	4,717	5,146	5,749	6,264	0	3,496,925	0	0	0	0	0	0	3,294,510	2,817,817	204,535	146,530	43,987	45,377	34,822	24,769	84,685	83,679	86,864	51,190	78,179	57,880	66,967	42,263	32,755	30,747	18,242	13,385	15,849	0	0	0	896	933	53,621	1,018	1,059	1,127	1,171	1,229	1,437	1,597	2,156	0	0	0	0	2,974	1,453	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-	-
Total Assets	6,369,750	6,040,782	5,525,955	3,869,858	3,605,234	4,049,565	3,204,337	3,849,222	3,692,775	3,354,110	3,474,295	2,901,108	3,087,754	3,215,039	3,897,628	5,374,218	5,370,604	5,487,401	5,868,885	5,035,133	3,886,089	3,448,179	3,082,777	3,205,672	3,305,778	3,143,278	3,060,220	3,339,874	3,397,731	3,343,556	3,469,073	3,584,088	3,670,048	3,928,201	4,169,042	4,075,511	3,688,311	3,813,511	4,115,918	4,144,282	4,217,137	4,319,644	4,749,271	4,628,113	4,280,229	4,405,030	3,729,197	3,349,056	2,582,193	2,633,686	2,656,703	2,359,816	1,649,584	1,091,835	983,438	994,458	958,062	872,546	818,532	734,556	607,191	603,093	478,191	388,451	374,758	384,388	444,578	466,557	466,557	479,675	744,492	766,964	805,976	872,325	931,268	1,400,934	1,400,934	1,618,205	1,744,435	1,799,493	1,865,235	1,952,797	2,046,977	2,136,578	2,238,304	2,337,620	2,482,516	2,349,247	2,500,812	2,633,650	2,793,410	3,159,596	3,159,596	3,363,473	3,616,681	4,190,896	4,190,896	4,678,400	4,709,500	4,906,000	5,178,800	5,669,900	6,070,600	6,116,400	5,378,200	4,880,000	5,038,800	3,949,900	3,987,500	4,513,400	4,220,500	3,490,000	3,490,000	3,464,500	3,336,000	3,230,300	3,600,600	3,746,200	3,427,300	3,533,900	3,726,800	3,168,400	2,685,400	2,512,700	2,264,300	2,211,900	1,971,500	1,866,200	1,831,000	1,636,000	1,582,400	1,560,200	1,412,300	1,269,200	1,288,000	1,434,200	-	-
Total Current Assets	146,952	297,924	323,096	296,262	357,643	279,548	341,292	474,362	382,978	396,548	363,437	344,416	295,602	174,237	163,863	74,515	62,582	65,875	75,248	81,977	34,598	74,826	184,452	50,985	40,867	136,969	120,158	88,792	74,120	92,907	116,516	105,091	33,935	33,552	77,778	61,360	43,944	77,625	59,314	84,555	69,330	61,775	53,647	69,049	55,809	56,814	72,314	57,703	48,776	22,509	45,355	59,403	18,836	21,326	35,322	34,984	34,756	21,749	32,200	0	24,335	16,411	42,501	37,935	35,352	35,447	62,556	56,880	0	52,285	47,692	23,290	45,235	19,214	23,789	52,522	0	40,392	22,905	5,279	7,386	9,208	13,852	6,795	15,242	6,416	32,873	4,466	7,167	18,096	7,231	27,096	0	28,974	10,162	50,809	0	52,700	37,700	32,000	34,300	24,700	25,600	28,800	23,900	17,700	16,600	17,000	19,500	23,900	33,900	37,100	0	19,300	19,200	18,700	25,300	22,100	24,000	20,900	15,000	13,200	12,200	10,200	9,500	9,600	7,000	5,900	6,500	4,500	5,000	9,300	3,900	2,800	2,600	3,500	-	-
Total Current Liabilities	5,381,104	43,168	33,794	12,806	16,450	4,909	1,811	1,524	1,365	639	405	418	1,410	1,059	907	9,606	15,585	7,186	15,907	12,939	10,308	5,676	5,469	5,123	3,734	2,720	1,524	2,628	3,156	2,163	1,714	2,243	1,743	1,538	2,067	2,260	1,947	1,492	1,770	2,846	2,548	2,433	1,661	2,873	2,895	2,381	1,991	1,697	2,165	1,240	1,437	1,311	1,079	790	1,145	1,162	1,208	5,800	28,300	5,100	6,900	2,400	5,300	9,200	7,000	6,900	6,400	95,978	6,200	103,253	113,572	121,125	6,900	35,600	53,600	63,700	74,900	17,900	18,700	23,400	25,500	1,200	1,300	1,400	1,600	5,200	3,200	2,300	5,400	2,700	6,000	11,600	11,600	17,600	23,100	47,900	47,900	14,600	18,300	19,900	28,000	6,700	7,400	7,300	40,800	4,000	2,500	3,000	2,700	3,800	4,800	5,300	0	7,100	2,047,200	10,700	11,500	9,400	69,700	68,700	102,200	99,100	95,000	96,400	156,700	107,700	245,100	90,600	88,000	20,700	2,700	2,000	800	700	800	1,400	-	-
Total Liab	5,499,015	43,168	33,794	3,015,030	2,703,906	3,278,298	2,361,971	3,063,589	2,921,496	2,580,599	2,718,666	2,169,832	2,454,301	2,611,486	3,330,159	4,823,611	4,787,616	4,902,954	5,270,247	4,430,459	3,358,936	2,901,426	2,540,543	2,662,048	2,748,720	2,619,179	2,562,945	2,847,352	2,930,547	2,848,637	2,977,547	3,100,289	3,178,023	3,400,441	3,593,789	3,470,050	3,081,009	3,199,464	3,503,004	3,545,267	3,631,261	3,738,603	4,142,034	3,994,815	3,663,519	3,787,099	3,204,124	2,826,159	2,210,844	2,264,152	2,269,843	1,976,323	1,357,227	866,361	792,607	810,814	789,309	708,785	663,905	590,619	466,782	463,459	335,736	248,085	232,822	243,037	305,192	330,019	330,019	344,654	608,109	631,298	656,642	722,791	778,403	1,252,168	1,252,168	1,484,986	1,609,074	1,654,694	1,715,389	1,791,369	1,882,268	1,962,536	2,014,883	2,103,478	2,242,209	2,167,267	2,327,749	2,452,308	2,617,707	3,002,465	3,002,465	3,191,456	3,439,484	3,865,824	3,865,824	4,251,900	4,271,600	4,455,100	4,726,000	5,166,400	5,527,600	5,567,000	4,817,300	4,340,700	4,506,500	3,445,000	3,484,000	4,065,600	3,802,500	3,135,200	3,135,200	3,167,000	3,048,100	2,993,000	3,403,100	3,490,300	3,160,000	3,245,700	3,473,800	2,923,400	2,502,500	2,330,500	2,086,900	2,069,400	1,845,300	1,741,600	1,709,600	1,513,700	1,461,300	1,439,300	1,291,900	1,147,900	1,166,000	1,311,500	-	-
Total Permanent Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	546,753	542,234	543,624	557,058	524,099	497,275	492,522	467,184	494,919	491,526	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	870,735	804,346	880,962	854,828	901,328	771,267	842,366	785,633	771,279	773,511	755,629	731,276	633,453	603,553	567,469	550,607	582,988	584,447	598,638	604,674	527,153	546,753	542,234	543,624	557,058	524,099	497,275	492,522	467,184	494,919	491,526	483,799	492,025	527,760	575,253	605,461	607,302	614,047	612,914	599,015	585,876	581,041	607,237	633,298	616,710	617,931	525,073	522,897	371,349	369,534	386,860	383,493	292,357	225,474	190,831	183,644	168,753	163,761	154,627	143,937	140,409	139,634	142,455	140,366	141,936	141,351	139,386	136,538	136,538	135,021	136,383	135,666	149,334	149,534	152,865	148,766	148,766	133,219	135,361	144,799	149,846	161,428	164,709	174,042	223,421	234,142	240,307	181,980	173,063	181,342	175,703	157,131	157,131	172,017	177,197	325,072	325,072	426,500	437,900	450,900	452,800	503,500	543,000	549,400	560,900	539,300	532,300	504,900	503,500	447,800	418,000	354,800	354,800	297,500	287,900	237,300	197,500	255,900	267,300	288,200	253,000	245,000	182,900	182,200	177,400	142,500	126,200	124,600	121,400	122,300	121,100	120,900	120,400	121,300	122,000	122,700	-	-
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	-	-
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	-	-

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
Begin Period Cash Flow	332,035	421,307	309,735	134,230	88,704	87,200	98,889	33,935	43,944	69,330	55,809	48,776	18,836	30,173	24,335	35,352	56,880	45,235	52,522	7,386	15,076	7,129	3,485	23,131	30,103	18,500	11,400	22,200	7,900	1,500	1,100	800	300	900
Capital Expenditures	0	0	0	0	0	0	0	0	0	0	0	0	0	0	29,084	0	0	0	0	0	0	175	109	92	281	400	2,900	3,200	900	2,000	700	1,600	0	0
Cash And Cash Equivalents Changes	0	0	111,572	168,449	45,526	1,504	-11,689	40,185	-10,009	-25,386	13,521	7,033	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	-11,842	-303,701	4,343	19,255	-3,002	4,559	40,735	53,774	3,187	818	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	-212,396	28,570	111,572	168,449	45,526	1,504	-11,689	40,185	-10,009	-25,386	13,521	7,033	29,940	-11,337	5,838	-11,017	-21,528	11,645	-7,287	45,136	-7,690	7,948	3,644	-19,646	18,498	-70,000	1,299,000	394,700	-279,600	-150,900	1,414,900	320,100	359,200	1,100
Change In Working Capital	21,166	12,265	-4,978	2,029	-1,325	1,256	1,197	3,781	-1,811	-54	-5,866	-8,800	-3,880	-3,419	-1,443	1,100	-800	700	68,000	-49,400	-23,900	3,747	15,600	34,700	-18,300	11,500	3,267,200	-325,500	-4,300	-2,500	60,000	19,900	6,100	-1,900
Change Receivables	0	0	204	11,821	-5,190	-1,200	577	2,368	-1,607	546	1,370	-10,464	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	-13,467	-1,076	204	11,821	-5,190	-1,200	577	2,368	-1,607	546	1,370	-10,464	-6,504	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Inventory	-36,744	0	0	0	0	0	0	0	0	0	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	15,085	-45	-14,175	5,277	6,574	578	1,413	-204	-600	-347	730	1,086	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	-31,428	47,379	174,093	188,210	4,640	13,409	6,844	3,874	-13,712	-127	-6,268	0	0	0	0	0	0	1,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Operating Activities	0	-1,744	-5,137	4,383	-1,412	-4,118	42	-1,047	-2,430	-2,430	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	2,315	2,354	2,308	1,989	1,684	1,232	1,287	1,502	5,338	8,900	136,608	90,530	32,505	6,180	2,470	-1,585	-583	-538	2,607	3,726	3,072	6,446	12,278	16,117	28,133	43,900	26,700	23,000	14,100	8,000	6,800	4,200	4,800	0
Dividends Paid	93,041	72,366	58,895	52,437	68,042	52,790	47,532	51,900	61,016	64,880	69,332	59,061	40,873	18,893	15,759	9,852	4,010	4,378	5,347	2,599	1,787	1,199	1,617	0	9,682	68,200	70,500	51,700	25,000	59,800	58,700	32,200	20,000	9,200
End Period Cash Flow	119,639	449,877	421,307	302,679	134,230	88,704	87,200	74,120	33,935	43,944	69,330	55,809	48,776	18,836	30,173	24,335	35,352	56,880	45,235	52,522	7,386	15,077	7,129	3,485	48,601	-51,500	1,310,400	416,900	-271,700	-149,400	1,416,000	320,900	359,500	2,000
Exchange Rate Changes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Free Cash Flow	62,200	126,352	146,970	173,952	175,346	180,560	204,448	210,514	216,988	214,551	208,760	149,388	70,641	30,071	48,715	6,791	8,025	7,425	12,337	23,033	29,816	37,079	69,442	20,376	53,754	83,000	107,700	55,300	334,400	304,900	-608,300	113,400	-48,400	-14,700
Investments	-2,198,056	-65,440	-637,879	2,347,648	-1,603,581	-869,235	87,647	68,005	-209,133	424,212	-171,029	-2,367,934	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	129,075	246,882	237,130	117,734	83,813	43,457	0	0	0	0	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	-205,511	412,635	-2,317,831	1,483,626	699,988	-333,988	-186,086	84,988	-598,932	-14,977	1,429,544	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	-6,130	143,161	102,261	177,530	-152,668	7,023	33,893	43,099	16,544	27,806	68,069	74,042	39,812	29,472	17,581	15,121	8,899	4,909	9,585	-3,375	-21,107	-14,844	-3,085	-91,863	-73,618	20,100	74,000	73,000	36,900	49,900	54,100	38,200	21,600	12,800
Other Cashflows From Financing Activities	5,472,955	-205,212	411,571	-2,207,587	1,503,807	-374	-582	-184,185	86,826	-29,385	56,569	1,525,577	-23,669	646,532	2,974	266,631	-57,664	-51,625	62,847	53,313	4,332	172,898	486,293	141,508	1,072,055	2,076,300	1,623,500	1,675,000	593,000	102,900	1,709,400	726,800	379,200	10,300
Other Cashflows From Investing Activities	0	-65,440	80,400	-184,857	-121	-102	-214	-37	-209,370	-7	5,891	676,742	419	0	0	0	1,035	0	168	180	245	0	8,820	9,500	0	0	0	0	0	0	0	0	0	0
Other Non Cash Items	60,631	-35,847	44,863	-9,419	56	-52	-75	-1,150	-2,462	173	652	57	2,512	-294	2,285	-6,745	-291	3,054	145	22,682	47,851	41,905	44,758	96,214	99,520	19,400	9,900	-37,500	288,600	251,500	-668,500	52,700	-80,900	-25,600
Sale Purchase Of Stock	-1	246,882	-69,708	-100,372	-25,034	703,681	-301,700	-310	-41,171	-567,887	-6,934	-921	859,610	0	364,112	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Stock Based Compensation	4,833	4,419	2,516	1,823	1,205	1,231	1,954	2,709	2,965	2,719	2,314	1,828	917	626	527	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Cash From Financing Activities	2,685,839	-32,342	519,980	-2,353,151	1,473,882	690,281	-303,570	-238,297	-17,627	-664,142	-30,101	1,548,837	875,054	644,254	331,436	232,665	-102,221	-104,286	-240,663	-246,488	-321,058	-314,322	-695,621	-786,412	-898,447	-70,000	1,299,000	394,700	-279,600	-150,900	1,414,900	320,100	359,200	1,100
Total Cash From Operating Activities	62,200	126,352	146,970	173,952	175,346	180,560	204,448	210,514	216,988	214,551	208,760	149,388	70,641	30,071	19,631	6,791	8,025	7,425	12,337	23,033	29,816	37,254	69,551	20,468	54,035	83,400	110,600	58,500	335,300	306,900	-607,600	115,000	-48,400	-14,700
Total Cashflows From Investing Activities	0	-65,440	-555,378	2,347,648	-1,603,702	-869,337	87,433	67,968	-209,370	424,205	-165,138	-1,691,192	-915,755	0	0	0	72,668	108,506	221,039	268,591	283,552	285,016	629,714	746,298	0	0	0	0	0	0	0	0	0	0

	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	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	271,168	432,754	393,622	449,877	506,553	437,128	571,689	421,307	399,435	434,723	378,116	310,360	184,903	206,393	110,615	134,230	138,935	111,350	142,663	88,704	113,585	217,958	86,384	87,200	161,689	100,863	65,943	74,120	73,406	96,897	82,940	33,935	12,636	56,463	38,504	43,944	56,639	36,837	61,168	69,330	39,608	29,343	44,129	55,809	34,723	53,763	41,724	48,776	10,156	33,975	49,840	18,836	17,194	30,279	30,714	30,173	21,749	32,200	21,841	24,335	16,411	42,501	37,935	35,352	35,447	62,556	57,843	52,285	52,285	47,692	23,290	45,235	19,214	23,789	60,534	40,392	40,392	22,905	5,279	7,386	9,208	13,852	6,795	15,076	6,416	32,873	4,466	7,129	9,146	4,124	20,298	28,690	28,690	8,923	53,584	49,600	49,600	70,700	0	30,100	0	0	750,400	18,300	0	1,049,900	0	11,400	319,500	0	0	22,200	124,800	0	0	6,300	296,900	0	0	1,500	469,100	154,400	236,600	1,100	231,400	119,100	24,500	800	35,100	13,000	127,400	300	0	0	37,300	900
Capital Expenditures	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	11,752	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	55	81	37	2	109	5	119	11	11	27	54	0	0	0	0	0	0	500	700	1,000	300	600	400	1,600	1,300	400	400	300	300	500	0	100	700	200	200	900	400	100	0	200	500	0	0	0	0	0	0	0	0	0	0	0
Cash And Cash Equivalents Changes	0	0	39,132	-56,255	0	0	-134,561	150,382	22,497	64,534	-43,215	67,756	117,776	-21,490	95,778	-23,615	-4,705	27,585	-31,313	53,959	-24,881	-104,373	131,574	-816	-74,489	36,057	34,920	-8,177	0	-23,491	13,957	49,005	0	0	17,959	-5,440	-12,695	19,802	-24,331	-8,162	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	57,399	19,693	0	0	18,578	-642	-419	-1,376	0	-10,047	-5,503	-20,748	-192,921	-84,529	-1,406	-5,253	9,377	1,625	20,151	59,869	-19,897	-40,868	-10,731	-5,778	14,892	-1,385	0	-3,606	16,538	47,161	0	0	-16,058	24,309	25,828	-9,148	23,847	13,247	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-151,529	145,030	39,132	-56,255	-56,676	69,425	-134,561	150,382	21,872	-35,288	56,607	67,756	117,776	-21,490	95,778	-23,615	-4,705	27,585	-31,313	53,959	-24,881	-104,373	131,574	-816	-74,489	60,826	34,920	-8,177	714	-23,491	13,957	49,005	21,299	-43,827	17,959	-5,440	-12,695	19,802	-24,331	-8,162	29,722	10,265	-14,786	-11,680	21,086	-19,040	12,039	-7,052	38,620	-23,819	-15,865	31,004	1,642	-13,085	-435	541	8,424	-10,451	10,359	-2,494	7,924	-26,090	4,566	2,583	-95	-27,109	4,713	4,595	4,595	4,593	24,402	-21,945	26,021	-4,575	-36,745	12,130	12,130	17,487	17,626	-2,107	-1,822	-4,644	7,057	-8,281	8,661	-26,457	28,407	-2,663	-2,017	5,022	-16,174	-25,205	-25,205	19,767	-44,661	-999	-999	-21,100	-187,100	-268,800	-423,100	-359,000	-20,000	732,100	483,700	-181,900	1,049,900	-52,700	-519,400	319,500	-9,000	-3,100	-3,100	124,800	-4,400	-396,900	-98,800	296,900	-124,900	-224,100	555,900	469,100	154,400	235,500	-54,100	231,400	119,100	23,700	184,000	35,100	13,000	127,100	139,200	-24,600	-149,900	36,400
Change In Working Capital	9,252	11,914	21,032	-9,240	10,500	846	3,132	-2,213	-125	2,017	564	-7,434	5,156	1,530	-2,037	-2,620	4,878	-8,171	2,768	-800	-34	806	4,703	-4,219	2,409	1,440	1,539	-4,191	98	567	2,003	1,113	-1,643	-130	1,348	-1,386	285	1,213	-166	-1,386	-2,403	-216	2,576	-5,823	2,715	-3,851	-1,882	-5,782	643	-2,446	-892	-1,185	300	-951	-957	-1,811	1,202	168	-1,473	-1,340	-1,340	-4,500	2,900	3,900	-2,200	-100	-500	100	-200	-200	1,200	-400	100	28,700	18,000	10,100	11,200	-57,000	800	4,700	2,100	-24,300	100	100	6,431	-2,328	2,141	-2,497	22,888	2,625	3,300	8,100	6,000	-9,360	-2,932	-6,634	9,900	-33,300	3,700	8,100	-28,000	-7,100	-8,300	-4,500	40,800	59,500	-46,400	4,500	-3,300	-9,000	174,100	-195,900	-195,900	2,040,200	2,047,200	-15,900	1,100	58,400	69,700	-1,000	-68,700	-3,100	3,400	-500	2,500	-3,500	11,600	9,300	8,500	-4,400	2,800	-800	-4,100	1,200	800	200
Change Receivables	0	0	-5,754	-1,974	0	0	2,817	-1,730	-432	1,728	0	-1,092	952	1,280	6,484	3,105	-2,115	1,198	783	-5,056	-1,444	-249	3,587	-3,094	-552	28	3,554	-2,453	0	118	2,532	613	0	0	1,541	-1,699	-171	1,491	910	-1,684	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-1,971	-3,768	-5,754	-1,974	830	-2,993	2,817	-1,730	-432	304	1,424	-1,092	952	1,280	6,484	3,105	-2,115	1,198	783	-5,056	-1,444	-249	3,587	-3,094	-552	28	3,554	-2,453	-895	118	2,532	613	-1,848	399	1,541	-1,699	-171	1,491	910	-1,684	464	2,137	170	-1,401	0	0	0	-256	-256	-973	-1,817	-3,458	0	451	0	313	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-10,026	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	9,374	20,988	-3,644	11,541	3,098	287	159	726	221	-13	-992	351	152	-8,699	-5,979	8,399	-8,721	2,968	2,631	4,632	207	346	1,389	1,014	1,197	-1,105	-528	1,413	420	-529	500	-204	0	-193	313	456	-278	-1,076	298	0	0	0	0	730	216	0	0	1,086	161	358	232	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	52,785	-115,371	11,157	-24,360	70,790	3,152	-108,114	23,729	46,098	80,353	-106,369	-23,208	-7,600	8,655	196,246	-42,672	51,027	117,847	62,008	64,353	-76,505	12,711	4,081	1,277	5,576	4,320	2,236	163,179	588	884	4,746	199,310	0	2,253	-654	-10,322	-8,410	1,073	3,947	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Operating Activities	0	-5,484	-5,484	-5,484	-1,871	741	28	28	-419	1,479	-847	-5,350	3,853	98	178	254	-1,406	-648	-983	1,625	-3,222	848	770	-2,514	42	215	-910	-1,210	-1,047	-1,179	250	0	-2,430	0	0	0	-2,430	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	576	1,739	608	585	645	574	569	566	582	620	507	599	561	469	460	499	498	479	485	222	295	312	313	312	304	301	357	325	316	336	373	477	1,195	1,296	1,326	1,521	1,893	-64,698	36,876	34,829	34,350	35,507	34,634	32,117	31,531	25,987	19,755	13,257	10,193	10,885	7,042	4,385	1,914	1,069	1,627	1,570	658	719	657	436	109	35	-1,465	-264	935	-1,335	152	-784	-784	-100	-19	365	1,182	319	699	178	178	-338	1,940	1,946	2,125	-4,402	4,517	832	-348	2,426	187	4,181	3,006	1,014	4,316	3,281	3,281	3,965	4,537	5,233	5,233	5,600	7,400	9,900	9,100	10,100	11,400	13,300	8,700	6,300	5,600	6,100	6,400	4,900	6,600	4,400	4,400	4,600	2,500	2,600	2,200	2,600	1,900	1,300	1,500	800	3,100	1,400	-2,300	2,300	2,400	1,800	0	0	0	0	0	0	0	0
Dividends Paid	24,003	1,923	23,022	22,949	20,315	19,335	16,493	16,223	16,096	15,390	14,089	13,320	12,286	12,257	12,867	15,027	13,687	15,802	16,261	22,292	13,602	13,185	13,021	12,982	12,053	11,537	11,316	12,626	12,615	12,615	12,604	14,066	14,334	15,235	15,469	15,978	15,978	15,976	15,969	16,957	16,989	18,259	17,124	16,960	17,587	14,950	15,217	11,307	10,903	10,893	10,885	8,192	5,733	4,492	4,461	4,207	4,125	4,032	3,800	3,802	1,003	3,802	2,827	2,220	1,002	1,003	1,003	1,002	1,002	1,003	1,003	1,370	1,337	1,336	1,337	1,336	1,336	1,263	0	0	1,787	1,787	0	0	1,199	1,199	3	0	3	1,614	0	0	0	0	0	18	18	3,200	3,300	3,200	14,700	17,000	17,000	19,500	18,900	18,000	17,400	16,200	14,200	13,400	12,600	9,700	9,700	8,100	0	13,600	13,600	15,600	15,400	15,200	14,800	13,300	12,400	18,200	11,100	8,400	6,700	6,000	5,700	4,600	6,500	3,200	2,700	2,200	2,100	2,200
End Period Cash Flow	119,639	145,030	432,754	393,622	449,877	506,553	437,128	571,689	421,307	399,435	434,723	378,116	302,679	184,903	206,393	110,615	134,230	138,935	111,350	142,663	88,704	113,585	217,958	86,384	87,200	161,689	100,863	65,943	74,120	73,406	96,897	82,940	33,935	12,636	56,463	38,504	43,944	56,639	36,837	61,168	69,330	39,608	29,343	44,129	55,809	34,723	53,763	41,724	48,776	10,156	33,975	49,840	18,836	17,194	30,279	30,714	30,173	21,749	32,200	21,841	24,335	16,411	42,501	37,935	35,352	35,447	62,556	56,880	56,880	52,285	47,692	23,290	45,235	19,214	23,789	52,522	52,522	40,392	22,905	5,279	7,386	9,208	13,852	6,795	15,077	6,416	32,873	4,466	7,129	9,146	4,124	3,485	3,485	28,690	8,923	48,601	48,601	49,600	-187,100	-238,700	-423,100	-359,000	-20,000	750,400	483,700	-181,900	1,049,900	-41,300	-519,400	319,500	-9,000	-3,100	22,200	124,800	-4,400	-390,600	-98,800	296,900	-124,900	-222,600	555,900	469,100	154,400	236,600	-54,100	231,400	119,100	24,500	184,000	35,100	13,000	127,400	139,200	-24,600	-149,900	37,300
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
Free Cash Flow	16,571	146,953	31,490	3,737	30,074	25,536	36,190	34,552	38,244	40,872	37,665	30,189	43,976	46,507	39,488	43,981	53,202	37,214	44,631	40,299	42,000	45,585	51,079	41,896	48,359	53,069	55,912	47,108	52,878	51,406	52,617	53,613	54,441	54,161	57,428	50,958	54,901	54,116	55,631	49,903	50,756	56,015	56,584	45,405	53,054	37,549	34,462	24,323	17,039	20,322	19,328	13,952	9,505	7,558	7,404	5,604	19,096	6,050	3,735	2,502	2,173	1,994	-296	2,920	1,377	2,021	2,760	2,462	2,462	1,193	2,260	1,510	5,114	542	3,792	6,683	6,683	3,158	7,710	5,482	4,561	8,480	6,751	10,024	10,919	24,025	1,918	217	34,821	12,058	17,425	26,992	26,992	-169	-12,862	15,735	15,754	22,400	8,300	7,600	32,500	13,000	16,200	19,500	23,000	82,500	-22,400	24,600	-12,400	-95,100	334,400	122,000	122,000	-189,400	248,900	152,900	-69,900	-160,300	299,800	235,300	-147,200	-294,200	-84,900	-82,000	273,000	-123,500	29,600	-64,600	27,400	-62,900	27,600	-40,500	-35,800	-11,400	29,400	3,100
Investments	-555,965	-998,463	-1,215,987	-358,947	206,031	-1,050,178	386,182	-3,284	-379,121	-557,287	-623,800	322,240	234,399	665,218	1,163,336	284,695	76,460	-34,118	-638,904	-1,007,019	-653,005	-326,102	187,715	-77,843	-195,429	-26,381	275,614	33,843	123,640	61,435	92,938	170,624	-184,774	0	-350,252	-187,125	95,414	281,364	-12,552	59,986	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	5,950	30,362	3,543	2,771	92,399	45,039	105,199	4,245	12,780	27,898	68,302	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	800,329	1,264,777	292,719	-364,864	806,621	-750,154	102,886	322,851	494,976	288,954	-405,192	-158,059	-720,948	-1,094,013	-344,811	-120,742	57,286	562,415	984,667	576,870	175,180	-99,818	47,756	46,481	-1,111	-295,928	-83,430	-212,507	-123,711	-118,988	-160,380	93,915	0	332,852	147,426	-147,066	-299,734	-51,434	-100,698	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	24,304	146,953	54,338	-41,722	43,289	-46,674	29,337	117,209	14,058	14,033	-43,759	117,929	40,446	40,725	194,838	-98,479	55,135	-36,604	-118,985	-52,214	-78,522	25,586	15,652	44,307	21,962	10,312	-7,432	9,051	69,061	14,700	-3,231	-37,431	32,531	-36,977	30,462	-9,472	3,673	30,866	-5,999	-734	21,559	-4,626	31,533	19,603	20,367	18,352	18,847	16,476	14,406	1,532	13,594	10,280	9,646	7,022	7,267	5,537	4,076	6,002	4,369	3,134	2,461	3,045	4,296	5,319	1,569	2,687	2,701	2,297	2,297	-216	1,615	1,213	955	-1,899	9,595	15,021	15,021	-56	-12,953	-5,387	-11,665	-500	-10,986	2,044	-12,862	-2,862	399	481	-10,024	-7,483	2,775	-11,628	-11,628	-836	-68,695	-80,218	-80,218	300	3,000	3,300	-16,400	6,500	15,600	14,400	17,800	19,500	18,400	18,300	17,900	16,500	25,900	13,000	13,000	9,300	8,000	6,600	6,100	12,900	15,400	15,500	15,200	13,800	12,600	12,500	11,400	10,900	8,800	7,100	6,700	6,200	4,600	4,100	3,500	3,400	3,100	2,800
Other Cashflows From Financing Activities	1	1,923	1,264,608	292,722	-363,219	1,613,242	-750,643	102,650	255,126	206,006	288,486	-405,772	-257,665	-720,318	-1,093,115	-344,477	-51,522	39,119	570,732	-481	577,435	-10	-98,908	-364	52,138	20,599	-10,571	-10,610	59,715	-1,006	3,185	-160,560	-173,661	-221,269	334,272	147,484	-9,508	-2,010	-12,505	-5,362	-91,697	-15,849	417,284	-545	-106,948	614,394	425,726	592,405	16,438	-79,563	284,366	614,700	489,036	154,222	-11,526	14,800	15,493	-1	60,552	131,902	5,424	136,416	99,846	24,945	2,117	-43,949	-6,769	-7,275	-7,275	-20,608	12,107	-26,399	-44,338	-35,281	153,567	55,085	55,085	-3,216	2,560	-2,379	23,885	-1,787	-22	-19,531	235,718	-1,199	605,791	-519	-9,427	503,408	-9,739	-221	-221	3,302	58,467	1,348,391	1,348,355	660,100	44,500	375,100	-408,400	-342,000	467,000	1,295,200	894,200	94,400	1,260,100	158,000	-392,300	1,026,900	372,300	105,400	105,400	229,800	282,300	162,100	-4,800	336,400	-70,000	-158,700	632,400	542,100	219,700	315,200	208,600	334,200	125,800	29,700	189,700	39,700	19,500	130,300	141,900	-8,000	-147,800	38,600
Other Cashflows From Investing Activities	0	-2,404,087	-21,500	26,690	-65,440	262,028	104,688	28,442	43,367	-61,144	299,360	76,095	13,075	12,780	-22,890	-187,822	62	1,165	-1,246	-102	-30	-4	-1	-67	21,772	-2	-66	-146	-60,625	-50	-17	-38	-40,166	0	-60	-75	1	-3	0	-5	0	0	0	0	0	0	0	0	419	77	0	0	0	0	856	0	0	0	0	0	0	0	86	85	1,035	931	305	937	0	886	0	69	168	171	179	102	180	45	0	75	245	170	177	0	0	0	0	0	8,820	9,500	9,500	9,500	9,500	0	9,500	9,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-15,014	-146,953	-116,012	53,104	-24,748	68,632	2,125	-81,856	22,968	23,442	79,810	-81,357	-2,711	-194	-332	372	14	13	16	13	16	-12	-27	-29	-12	-23	-30	-10	996	-1,233	214	-1,127	649	-3,070	1,012	-1,053	4,043	-4,349	686	-207	62	11,195	-10,753	148	44	-59	-138	210	-7,976	10,493	-132	127	-515	23	-638	-82	3,442	-1,019	507	205	-397	-1,086	-3,127	-2,135	-1,127	669	-93	949	949	1,509	664	-68	2,977	2,122	-6,502	-8,516	-8,516	3,552	18,723	8,923	14,101	13,382	13,220	7,148	17,753	26,870	-772	-1,946	18,951	15,907	10,453	35,350	35,350	6,089	54,228	90,720	90,720	16,500	-2,100	-5,600	39,800	4,000	-1,800	-2,700	-3,200	-2,200	400	-2,700	-35,400	-116,100	128,200	300,800	300,800	-202,800	238,400	159,700	-77,500	-175,600	282,700	219,400	-163,500	-308,700	-100,600	-95,200	261,900	-133,200	6,800	-82,800	12,200	-64,700	20,200	-43,800	-35,200	-16,000	25,500	100
Sale Purchase Of Stock	757,748	36,676	3,543	2,771	246,882	-621	-489	512	69,708	96,141	126,744	-69,708	100,000	7,616	-166	-100,206	-25,034	-18,160	18,052	989,924	22,886	176,670	5,620	48,484	38,153	-13,857	-274,478	-65,503	158,221	-122,201	-121,539	-310	-10,120	-24,363	-6,557	-131	-137,144	-296,831	-38,598	-95,314	-969	-402,612	7,412	144,023	-921	123,832	123,808	0	95,282	95,261	95,242	0	0	0	0	0	92,568	73,230	0	0	0	0	0	0	0	0	0	-37	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	1,233	1,460	1,130	1,010	388	2,158	1,027	846	761	760	543	452	524	568	424	307	306	306	295	298	301	301	294	335	387	388	641	538	643	623	614	829	745	745	782	693	674	690	683	672	552	647	625	490	418	490	467	453	425	139	258	95	68	395	105	58	101	75	284	67	67	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	360,822	-1,923	1,245,129	272,265	-292,781	831,704	-661,937	90,672	319,535	218,514	342,699	-360,768	-160,599	-733,215	-1,107,046	-352,291	-134,429	23,324	564,206	1,020,781	586,154	176,148	-107,219	35,198	72,581	9,371	-296,540	-88,982	204,760	-136,282	-131,581	-175,194	-198,233	-261,039	310,843	130,802	-163,011	-315,675	-67,410	-118,046	-117,932	-440,319	398,504	129,646	-126,273	599,150	409,910	666,050	-7,646	-90,931	273,055	700,576	554,966	99,367	-23,719	13,640	87,417	67,047	52,586	124,386	-2,476	128,630	87,600	18,911	-12,313	-62,575	-12,611	-14,987	-14,987	-26,336	-22,185	-40,778	-66,876	-58,270	-57,007	-9,327	-9,327	-125,741	-48,824	-62,596	-47,413	-89,264	-80,501	-103,880	-98,328	-142,429	84,872	-158,437	-142,434	-165,896	-209,556	-134,589	-134,589	-241,556	-253,297	-421,447	-421,447	-21,100	-187,100	-268,800	-423,100	-359,000	-20,000	732,100	483,700	-181,900	1,049,900	-52,700	-519,400	319,500	-9,000	-3,100	-3,100	124,800	-4,400	-396,900	-98,800	296,900	-124,900	-224,100	555,900	469,100	154,400	235,500	-54,100	231,400	119,100	23,700	184,000	35,100	13,000	127,100	139,200	-24,600	-149,900	36,400
Total Cash From Operating Activities	16,571	146,953	31,490	3,737	30,074	25,536	36,190	34,552	38,244	40,872	37,665	30,189	43,976	46,507	39,488	43,981	53,202	37,214	44,631	40,299	42,000	45,585	51,079	41,896	48,359	53,069	55,912	47,108	52,878	51,406	52,617	53,613	54,441	54,161	57,428	50,958	54,901	54,116	55,631	49,903	50,756	56,015	56,584	45,405	53,054	37,549	34,462	24,323	17,039	20,322	19,328	13,952	9,505	7,558	7,404	5,604	7,344	6,050	3,735	2,502	2,173	1,994	-296	2,920	1,377	2,021	2,760	2,462	2,462	1,193	2,260	1,510	5,114	542	3,792	6,683	6,683	3,158	7,710	5,482	4,561	8,480	6,751	10,024	10,974	24,106	1,955	219	34,821	12,063	17,544	27,003	27,003	-142	-12,862	15,735	15,735	22,400	8,300	7,600	32,500	13,500	16,900	20,500	23,300	83,100	-22,000	26,200	-11,100	-94,700	334,800	122,300	122,300	-188,900	248,900	153,000	-69,200	-160,100	300,000	236,200	-146,800	-294,100	-84,900	-81,800	273,500	-123,500	29,600	-64,600	27,400	-62,900	27,600	-40,500	-35,800	-11,400	29,400	3,100
Total Cashflows From Investing Activities	0	-2,404,087	-1,237,487	-332,257	-65,440	-787,815	491,186	25,158	-335,282	-618,431	-323,757	398,335	234,399	665,218	1,163,336	284,695	76,522	-32,953	-640,150	-1,007,121	-653,035	-326,106	187,714	-77,910	-195,429	-26,383	275,548	33,697	67,968	61,385	92,921	170,586	-209,370	-374,461	-350,312	-187,200	95,415	281,361	-12,552	59,981	-165,138	-262,036	-656,605	0	-1,691,192	-1,785,497	-1,129,758	0	-915,755	-944,982	-991,772	0	0	0	0	0	0	0	0	0	0	0	0	0	72,668	44,732	28,382	13,818	108,506	91,386	61,650	17,323	221,039	133,256	80,103	63,633	268,591	253,817	113,747	55,007	283,552	242,521	166,382	85,575	285,016	184,667	97,135	155,707	629,714	524,118	365,263	189,425	746,298	632,615	371,150	149,652	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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
Cost Of Revenue	2,151	18,295	5,671	32,615	136,647	59,574	36,178	25,231	22,605	9,509	13,319	12,928	10,827	10,196	7,498	6,623	2,715	4,506	11,461	26,211	45,714	37,976	46,038	43,726	0	0	0	0	0	0	0	0	0	0	-	-
Depreciation And Amortization	-282,433	2,354	2,308	1,989	1,684	1,232	1,287	1,502	5,338	8,900	136,608	90,530	32,505	6,180	2,470	-1,585	-583	-538	2,607	3,726	3,072	6,446	12,278	16,117	28,133	43,900	26,700	23,000	14,100	8,000	6,800	4,200	4,800	0	-	-
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	-	-
Ebit	-73,115	186,773	102,261	177,530	-152,668	66,597	70,071	68,330	39,149	53,721	107,097	109,189	63,894	43,828	32,252	34,227	28,994	44,271	72,091	95,567	92,137	112,370	171,593	167,810	202,145	352,100	320,300	310,200	248,400	230,700	181,300	155,600	148,700	131,800	100	10,200
Ebitda	-73,115	189,127	104,569	179,519	-150,984	67,829	71,358	69,832	44,487	62,621	243,705	199,719	96,399	50,008	34,722	32,642	28,411	43,733	74,698	99,293	95,209	118,816	183,871	183,927	230,278	396,000	347,000	333,200	262,500	238,700	188,100	159,800	153,500	131,800	100	10,200
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	-	-
Extraordinary Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	221	2,972	0	0	0	0	0	0	0	0	0	0	0	-	-
Gross Profit	-42,387	158,706	127,688	199,667	-273,294	23,643	49,838	56,823	33,533	42,559	81,382	86,862	60,849	39,668	24,941	21,744	11,614	11,521	23,520	37,771	40,962	22,911	39,981	31,487	73,518	78,400	104,500	93,800	55,100	73,600	71,800	60,100	34,300	21,100	-	-
Income Before Tax	-6,130	143,161	102,261	177,530	-152,668	7,023	33,893	43,099	16,544	27,806	68,069	74,042	39,812	29,472	15,121	8,899	8,899	4,909	9,585	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Income Tax Expense	-2,315	43,612	11,316	17,513	-114,231	0	0	0	0	0	0	0	0	0	-2,460	19,106	0	0	0	98,942	113,244	127,214	174,678	259,673	277,280	332,600	246,300	237,200	211,500	180,800	127,200	117,400	127,100	-12,800	-100	-10,200
Interest Expense	215,448	43,612	5,671	32,615	114,111	59,574	36,178	25,231	22,605	25,915	39,028	35,147	24,082	14,356	14,671	19,106	20,095	39,362	62,506	98,942	113,244	127,214	174,678	259,673	277,280	332,600	246,300	237,200	211,500	180,800	127,200	117,400	127,100	119,000	0	0
Interest Income	166,857	86,695	60,051	96,468	170,168	110,051	94,502	91,898	0	0	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	-	-
Net Income	-6,130	99,549	102,261	177,530	-152,668	7,023	33,893	43,099	16,544	27,806	68,069	74,042	39,812	29,472	17,581	15,121	8,899	4,909	9,585	-3,375	-21,107	-14,844	-3,085	-91,863	-75,135	19,500	74,000	73,000	36,900	49,900	54,100	38,200	21,600	12,800	100	10,200
Net Income Applicable To Common Shares	0	135,467	90,945	160,017	-165,635	-4,778	23,099	33,914	7,368	18,630	60,167	72,006	39,812	26,411	13,571	11,111	4,889	865	4,238	0	0	0	3,274	0	0	0	0	0	0	0	0	0	0	0	-	-
Net Income From Continuing Ops	12,854	143,161	102,261	177,530	-146,913	30,396	33,893	43,099	139,393	159,365	234,229	222,456	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	554	43,083	54,380	63,853	56,057	50,477	58,324	66,667	0	0	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	73,308	135,814	-186,949	-3,461	-8,687	-8,861	57,042	68,682	-10,076	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	0	0	0	0	0	0	0	0	0	0	0	-	-
Operating Income	-73,115	186,773	102,261	177,530	-152,668	66,597	70,071	68,330	39,149	53,721	107,097	109,189	63,894	43,828	32,252	34,227	28,994	44,271	72,091	95,567	92,137	112,370	171,593	167,810	202,145	352,100	320,300	310,200	248,400	230,700	181,300	155,600	148,700	131,800	100	10,200
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	-	-
Other Operating Expenses	32,879	30,866	22,743	20,023	15,953	15,157	7,310	7,157	8,565	6,498	6,054	5,101	4,635	3,887	3,291	12,483	3,996	4,521	5,681	57,796	51,175	89,459	131,612	136,323	128,627	273,700	215,800	216,400	193,300	157,100	109,500	95,500	114,400	110,700	100	10,200
Preferred Stock And Other Adjustments	0	0	11,316	17,513	12,967	11,801	10,794	9,185	9,176	9,176	7,902	2,036	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Reconciled Depreciation	2,384	2,354	2,308	1,989	1,684	1,232	1,287	0	0	0	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	-	-
Selling And Marketing Expenses	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Selling General Administrative	30,728	32,353	24,085	21,080	15,987	15,105	15,819	14,707	17,668	16,007	13,058	12,736	9,956	8,817	6,716	5,632	3,996	4,521	5,681	7,748	8,632	9,493	10,526	9,093	24,683	31,400	24,600	20,800	18,100	21,300	15,200	14,500	0	0	-	-
Tax Provision	0	0	0	0	0	0	0	0	0	0	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	30,728	30,866	22,743	20,023	15,953	15,157	7,310	7,157	8,565	6,498	6,054	5,101	4,635	3,887	3,291	12,483	3,996	4,521	5,681	57,796	51,175	89,459	131,612	136,323	128,627	273,700	215,800	216,400	193,300	157,100	109,500	95,500	114,400	110,700	100	10,200
Total Other Income Expense Net	66,985	-43,612	-5,671	-32,615	-114,231	-59,574	-36,178	-25,231	-22,605	-25,915	-39,028	-35,147	-24,082	-14,356	-17,131	-533	-20,095	-39,362	-62,506	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Total Revenue	-40,236	177,001	127,688	199,667	-136,647	23,643	49,838	56,823	33,533	42,559	81,382	86,862	60,849	39,668	24,941	21,744	11,614	11,521	23,520	37,771	40,962	22,911	39,981	31,487	73,518	78,400	104,500	93,800	55,100	73,600	71,800	60,100	34,300	21,100	-	-

	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
Cost Of Revenue	490	39,782	4,052	38,100	18,295	42,632	4,262	1,748	-1	1,320	1,275	1,633	2,289	3,375	4,850	22,101	25,766	31,256	30,813	26,276	19,053	1,712	1,751	1,962	2,153	2,070	2,041	2,245	1,721	1,736	1,874	2,219	2,309	2,327	2,350	16,561	2,277	2,351	11,605	2,552	1,826	3,628	3,796	4,069	3,523	3,200	3,024	3,181	3,369	2,635	2,455	2,368	3,519	2,182	2,007	2,488	1,911	1,786	1,896	1,905	1,873	1,934	1,574	1,242	978	672	462	603	1,085	1,048	1,165	1,208	2,414	3,231	2,063	3,753	2,443	3,138	10,961	9,669	9,703	7,955	20,191	7,865	14,940	7,634	7,865	7,537	11,837	14,764	7,440	6,648	21,106	6,843	60,892	2,730	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	73,000	0	0	0	0	0	0	0	0	0	0	0
Depreciation And Amortization	-71,188	546	608	585	645	574	569	566	582	620	507	599	561	469	460	499	498	479	485	222	295	312	313	312	304	301	357	325	316	336	373	477	1,195	1,296	1,326	1,521	1,893	-64,698	36,876	34,829	34,350	35,507	34,634	32,117	31,531	25,987	19,755	13,257	10,193	10,885	7,042	4,385	1,914	1,069	1,627	1,570	658	719	657	436	109	35	-1,465	-264	935	-1,335	152	-784	-784	-100	-19	365	1,182	319	699	178	178	-338	1,940	1,946	2,125	-4,402	4,517	832	-348	2,426	187	4,181	3,006	1,014	4,316	3,281	3,281	3,965	4,537	5,233	5,233	5,600	7,400	9,900	9,100	10,100	11,400	13,300	8,700	6,300	5,600	6,100	6,400	4,900	6,600	4,400	4,400	4,600	2,500	2,600	2,200	2,600	1,900	1,300	1,500	800	3,100	1,400	-2,300	2,300	2,400	1,800	0	0	0	0	0	0	0	0
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
Ebit	97,769	-43,597	53,729	-10,999	67,609	-33,392	33,598	118,957	15,501	15,353	-42,484	119,562	42,734	44,100	199,688	-76,378	80,901	-5,348	-88,172	-25,938	-59,469	40,337	29,827	55,902	32,018	20,200	1,282	16,570	75,814	20,768	2,869	-31,121	38,364	-31,118	36,004	-4,101	9,325	36,924	573	6,899	29,967	4,091	42,980	30,059	29,984	28,641	26,964	23,601	21,139	8,115	19,626	15,014	13,031	10,355	11,075	9,367	7,521	8,857	8,308	7,567	8,242	8,135	8,469	9,381	5,834	7,702	7,762	7,701	7,701	9,616	13,348	13,691	14,961	11,204	25,395	35,437	35,437	23,576	14,745	21,809	18,196	26,516	17,330	30,094	16,716	28,619	33,112	33,922	25,521	33,087	48,261	48,266	48,266	63,127	-671	-12,455	-12,455	71,100	69,300	74,300	59,200	93,200	106,600	93,100	81,300	86,200	76,600	73,700	81,300	76,000	85,900	66,100	66,100	62,900	59,900	59,800	61,300	60,400	55,500	53,500	50,800	46,200	42,500	41,800	125,900	11,600	9,900	37,200	0	0	0	0	0	0	0	0
Ebitda	26,581	-43,051	54,337	-10,414	68,254	-32,818	34,167	119,523	16,083	15,973	-41,977	120,161	43,295	44,569	200,148	-75,879	81,399	-4,869	-87,687	-25,716	-59,174	40,649	30,140	56,214	32,322	20,501	1,639	16,895	76,130	21,104	3,242	-30,644	39,559	-29,822	37,330	-2,580	11,218	-27,774	37,449	41,728	64,317	39,598	77,614	62,176	61,515	54,628	46,719	36,858	31,332	19,000	26,668	19,399	14,945	11,424	12,702	10,937	8,179	9,576	8,965	8,003	8,351	8,170	7,004	9,117	6,769	6,367	7,914	6,917	6,917	9,516	13,329	14,056	16,143	11,523	26,094	35,615	35,615	23,238	16,685	23,755	20,321	22,114	21,847	30,926	16,368	31,045	33,299	38,103	28,527	34,101	52,577	51,547	51,547	67,092	3,866	-7,222	-7,222	76,700	76,700	84,200	68,300	103,300	118,000	106,400	90,000	92,500	82,200	79,800	87,700	80,900	92,500	70,500	70,500	67,500	62,400	62,400	63,500	63,000	57,400	54,800	52,300	47,000	45,600	43,200	123,600	13,900	12,300	39,000	37,800	38,700	35,500	34,400	31,300	31,800	33,600	35,100
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
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	221	0	0	0	1,137	-573	573	2,271	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-157,905	-74,191	57,917	-72,024	33,329	-78,727	36,832	124,639	20,729	20,912	-37,730	123,777	47,504	45,533	199,539	-93,063	59,187	-32,858	-114,960	-48,016	-74,448	29,947	19,970	48,174	25,844	13,996	-3,369	13,367	72,651	17,476	122	-33,426	36,635	-32,399	34,584	-5,287	7,845	33,841	-2,405	3,278	23,550	-1,896	24,475	23,917	23,189	22,403	21,871	19,657	17,775	14,377	16,049	12,605	11,107	9,204	9,274	8,025	7,325	6,169	5,655	0	4,334	4,979	5,870	8,812	2,547	3,359	3,641	5,488	44,271	832	2,864	2,421	3,584	2,566	13,442	22,566	95,567	3,247	5,755	6,401	9,911	9,731	9,405	11,987	2,087	4,380	8,803	9,601	676	10,073	11,422	89,102	230,454	6,007	-60,892	34,518	0	10,000	19,700	16,400	11,600	18,800	24,800	24,900	30,900	26,000	25,600	24,600	23,000	21,000	31,200	17,200	0	14,500	12,400	11,000	13,200	18,400	21,700	20,300	20,200	19,400	16,500	15,700	-73,000	43,700	46,400	10,300	11,400	8,400	9,800	7,200	4,800	5,700	5,400	5,200
Income Before Tax	24,304	-43,051	54,337	-41,722	43,288	-46,674	29,336	117,209	14,058	14,033	-43,759	117,929	40,446	40,725	194,838	-98,479	55,135	-36,604	-118,985	-52,214	-78,522	25,586	15,652	44,307	21,963	10,311	-7,432	9,051	69,061	14,700	-3,231	-37,431	32,531	-36,977	30,462	-9,472	3,673	30,866	-5,999	-734	21,560	-4,627	31,534	19,603	19,552	19,167	18,847	16,476	39,812	1,532	13,594	10,280	22,205	7,022	7,267	5,537	4,076	6,002	4,370	8,899	-12,660	3,045	4,296	5,319	8,899	2,686	2,702	4,909	2,297	-215	1,615	1,213	9,585	-1,899	9,594	934	15,021	0	0	0	0	0	-2,044	2,044	0	-3,241	3,241	481	0	-2,199	2,199	9,379	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
Income Tax Expense	-1	-2,808	48,063	-585	24,320	13,282	4,262	1,748	1,443	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	54,490	0	0	0	25,406	0	0	0	12,559	0	0	0	3,445	0	0	0	-15,121	0	0	0	7,330	0	0	2,697	0	0	-84	0	8,629	0	0	20,416	0	23,632	27,698	27,196	29,861	27,017	28,316	28,050	29,578	31,481	32,714	33,441	35,545	40,570	45,489	59,894	0	63,963	68,024	68,780	0	70,800	65,700	72,100	76,200	86,700	91,000	78,700	63,500	66,700	58,200	55,400	63,400	59,400	60,000	53,100	0	53,700	51,900	53,200	55,200	47,400	40,100	38,000	35,600	32,400	29,900	29,300	114,500	800	1,000	30,100	-6,700	-6,200	-4,600	-4,100	-3,500	-3,400	-3,100	-2,800
Interest Expense	73,465	65,533	45,142	31,308	24,320	13,282	4,262	1,748	1,443	1,320	1,275	1,633	2,289	3,375	4,850	22,101	25,766	31,256	30,813	26,276	19,053	14,751	14,175	11,595	10,056	9,889	8,714	7,519	6,753	6,068	6,100	6,310	5,833	5,859	5,542	5,371	5,652	6,058	6,572	7,633	8,408	8,718	11,446	10,456	10,431	9,474	8,117	7,125	6,733	6,583	6,032	4,734	3,385	3,333	3,808	3,830	3,445	2,855	3,938	4,433	5,781	5,090	4,173	4,062	4,265	5,016	5,060	5,404	5,404	9,831	11,649	12,478	14,006	13,103	15,801	20,416	20,416	23,632	27,698	27,196	29,861	27,017	28,316	28,050	29,578	31,481	32,714	33,441	35,545	40,570	45,489	59,894	59,894	63,963	68,024	68,780	68,780	70,800	65,700	72,100	76,200	86,700	91,000	78,700	63,500	66,700	58,200	55,400	63,400	59,400	60,000	53,100	53,100	53,700	51,900	53,200	55,200	47,400	40,100	38,000	35,600	32,400	29,900	29,300	114,500	800	1,000	30,100	31,100	32,500	30,900	30,300	27,800	28,400	30,500	32,300
Interest Income	71,188	63,271	42,212	30,846	30,528	20,404	18,335	17,427	17,051	15,714	13,393	13,892	16,705	20,088	19,853	39,822	41,961	44,502	43,748	39,957	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	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
Net Income	24,305	-43,051	54,337	-41,137	18,968	-59,956	29,336	117,209	14,058	14,033	-43,759	117,929	40,446	40,725	194,838	-98,479	55,135	-36,604	-118,985	-52,214	-78,522	25,586	15,652	44,307	21,963	10,311	-7,432	9,051	69,061	14,700	-3,231	-37,431	32,531	-36,977	30,462	-9,472	3,673	30,866	-5,999	-734	21,560	-4,627	31,534	19,603	19,552	19,167	18,847	16,476	14,406	1,532	13,594	10,280	9,646	7,022	7,267	5,537	4,076	6,002	4,370	3,134	2,461	3,045	4,296	5,319	1,569	2,686	2,702	2,297	2,297	-215	1,699	1,213	955	-1,899	9,594	15,021	15,021	-56	-12,953	-5,387	-11,665	-501	-10,986	2,044	-12,862	-2,862	398	481	-10,024	-7,483	2,772	-11,628	-11,628	-836	-68,695	-81,235	-81,235	300	3,600	2,200	-17,000	6,500	15,600	14,400	17,800	19,500	18,400	18,300	17,900	16,600	25,900	13,000	13,000	9,200	8,000	6,600	6,100	13,000	15,400	15,500	15,200	13,800	12,600	12,500	11,400	10,800	8,900	7,100	6,700	6,200	4,600	4,100	3,500	3,400	3,100	2,800
Net Income Applicable To Common Shares	0	-44,974	52,414	-43,645	41,365	-48,597	27,413	115,286	12,134	12,110	-45,682	112,383	37,193	37,473	191,585	-106,234	51,774	-39,945	-122,191	-55,273	-81,485	22,630	12,710	41,367	19,053	7,503	-10,073	6,616	66,758	12,406	-5,525	-39,725	30,237	-28,168	28,168	-11,766	1,379	28,572	-8,293	-3,028	19,265	-6,921	29,442	18,381	18,331	18,352	18,847	16,476	14,406	1,532	13,594	10,280	9,646	5,966	6,265	4,534	3,074	4,999	3,367	2,131	1,459	2,042	3,294	4,316	567	1,684	1,699	939	1,294	-612	612	177	4,238	-8,258	8,258	0	13,729	0	0	0	0	0	-12,488	12,488	0	-845	845	0	3,274	-12,692	12,692	6,151	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	24,305	-43,051	54,337	-41,722	43,288	-46,674	29,336	117,209	14,058	14,033	-43,759	117,929	339,174	19,879	1,739	-183,262	55,135	-41,209	-108,625	-52,214	-55,149	25,586	15,652	44,307	21,963	10,311	-7,432	9,051	12,244	14,700	-3,231	-37,431	16,544	0	60,531	19,998	33,611	62,924	28,291	34,539	0	35,757	0	0	0	0	0	0	0	30,022	40,417	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-2,277	-2,262	-2,930	-462	6,208	7,122	14,073	15,679	15,608	14,394	12,118	12,259	14,416	16,713	15,003	17,721	16,195	13,246	12,935	13,681	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	64,899	-33,462	0	0	-65,103	108,960	5,120	6,518	-49,848	111,518	331,970	7,974	-8,563	-195,567	42,992	-50,709	-117,535	-61,697	-81,728	19,499	20,667	38,101	11,663	696	-19,477	-1,569	0	2,443	-16,566	-52,181	0	0	40,857	145	65,237	39,941	-23,074	-13,422	0	-24,844	0	0	0	0	0	0	0	581	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	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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	8,240	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	97,769	-43,051	54,337	-10,999	67,609	-33,392	33,598	118,957	15,501	15,353	-42,484	119,562	42,734	44,100	199,688	-76,378	80,901	-5,348	-88,172	-25,938	-59,469	40,337	29,827	55,902	32,018	20,200	1,282	16,570	75,814	20,768	2,869	-31,121	38,364	-31,118	36,004	-4,101	9,325	36,924	573	6,899	29,967	4,091	42,980	30,059	29,984	28,641	26,964	23,601	21,139	8,115	19,626	15,014	13,031	10,355	11,075	9,367	7,521	8,857	8,308	8,899	8,242	8,135	8,469	9,381	5,834	7,702	7,762	7,701	7,701	9,616	13,348	13,691	14,961	11,204	25,395	35,437	35,437	23,576	14,745	21,809	18,196	26,516	17,330	30,094	16,716	28,619	33,112	33,922	25,521	33,087	48,261	48,266	43,696	63,127	-671	-12,455	0	71,100	69,300	74,300	59,200	93,200	106,600	93,100	81,300	86,200	76,600	73,700	81,300	76,000	85,900	66,100	0	62,900	59,900	59,800	61,300	60,400	55,500	53,500	50,800	46,200	42,500	41,800	125,900	11,600	9,900	37,200	37,800	38,700	35,500	34,400	31,300	31,800	33,600	35,100
Other Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	255,184	7,841	7,197	7,372	33,840	4,042	3,799	3,643	11,327	3,572	2,473	2,372	9,337	2,393	2,075	2,458	8,467	1,972	2,518	2,056	8,500	2,252	2,255	1,681	7,310	1,529	2,056	2,035	7,157	1,619	1,796	1,873	8,565	2,052	2,403	2,141	6,498	1,563	1,490	1,567	6,054	1,347	1,487	1,450	5,101	1,391	1,245	1,323	4,635	1,229	1,046	986	3,887	780	987	1,107	196	715	687	2,075	3,954	1,485	1,253	1,216	3,996	800	1,163	4,521	0	980	1,165	1,327	5,681	1,610	1,398	12,871	0	20,329	8,990	15,408	8,285	16,785	7,925	18,107	14,629	24,239	24,309	24,321	24,845	23,014	36,839	40,836	0	57,120	60,221	46,973	0	61,100	49,600	57,900	47,600	74,400	81,800	68,200	50,400	60,200	51,000	49,100	58,300	55,000	54,700	48,900	0	48,400	47,500	48,800	48,100	42,000	33,800	33,200	30,600	26,800	26,000	26,100	198,900	32,100	36,500	26,900	26,400	30,300	25,700	27,200	26,500	26,100	28,200	29,900
Preferred Stock And Other Adjustments	0	0	-1,923	-1,923	0	0	1,923	1,923	1,924	1,923	1,923	5,546	3,253	3,252	3,253	7,755	3,361	3,341	3,206	3,059	2,963	2,956	2,942	2,940	2,910	2,808	2,641	2,435	0	2,294	2,294	2,294	0	0	2,294	2,294	2,294	2,294	2,294	2,294	0	2,294	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	576	546	608	585	645	574	569	566	582	620	507	599	561	469	460	499	498	479	485	222	295	312	313	312	304	301	357	325	316	336	373	477	1,195	1,296	1,326	1,521	1,893	-64,698	36,876	34,829	34,350	35,507	34,634	32,117	31,531	25,987	19,755	13,257	10,193	10,885	7,042	4,385	1,914	1,069	1,627	1,570	658	719	657	436	109	35	-1,465	-264	935	-1,335	152	-335	-784	-100	-19	365	1,182	319	699	407	178	-338	1,940	1,946	2,125	-4,402	4,517	832	-348	2,426	187	4,181	3,006	1,014	4,316	3,942	3,281	3,965	4,537	4,334	5,233	5,600	7,400	9,900	9,100	10,100	11,400	13,300	8,700	6,300	5,600	6,100	6,400	4,900	6,600	5,100	4,400	4,600	2,500	2,600	2,200	2,600	1,900	1,300	1,500	800	3,100	1,400	-2,300	2,300	2,400	1,800	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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Selling And Marketing Expenses	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Selling General Administrative	8,318	7,841	7,197	7,372	7,898	10,146	7,201	7,109	6,362	6,549	5,706	5,468	6,853	4,795	4,811	4,621	4,010	3,758	4,265	3,954	3,492	3,964	4,006	3,643	3,843	3,599	4,097	4,280	3,589	3,355	3,671	4,092	4,278	4,379	4,754	4,258	4,155	3,914	3,819	4,119	1,825	3,629	3,795	3,808	3,501	3,090	3,024	3,121	3,248	2,335	2,255	2,118	2,910	1,971	1,857	2,079	1,695	1,539	1,756	1,726	1,678	1,485	1,253	1,216	907	800	1,163	1,048	1,048	980	1,165	1,327	1,181	1,610	1,398	1,418	1,418	1,847	2,015	2,468	2,336	2,124	2,151	2,021	2,749	2,226	2,625	1,893	3,749	2,299	2,634	3,152	3,152	1,363	2,175	18,783	18,783	2,000	7,400	7,900	7,200	8,300	7,400	8,500	7,200	6,400	5,800	5,200	5,100	4,400	5,300	4,900	4,900	4,400	4,300	4,400	4,800	5,400	6,300	4,800	4,900	4,000	3,000	3,300	8,000	2,600	3,400	0	0	0	0	0	0	0	0	0
Tax Provision	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-255,184	7,841	7,197	7,372	15,545	4,042	3,799	3,643	11,328	3,572	2,473	2,372	9,337	2,393	2,075	2,458	8,467	1,972	2,518	2,056	8,500	2,252	2,255	1,681	7,310	1,529	2,056	2,035	7,157	1,619	1,796	1,873	8,565	2,052	2,403	2,141	6,498	1,563	1,490	1,567	6,054	1,347	1,487	1,450	5,101	1,391	1,245	1,323	4,635	1,229	1,046	986	3,887	780	987	1,107	196	715	687	6,000	3,954	1,485	1,253	1,216	3,996	800	1,163	4,521	6,000	980	1,165	1,327	5,681	1,610	1,398	12,871	0	20,329	8,990	15,408	8,285	16,785	7,925	18,107	14,629	24,239	24,309	24,321	24,845	23,014	36,839	-40,836	0	57,120	60,221	-46,973	0	61,100	49,600	57,900	47,600	74,400	81,800	68,200	50,400	60,200	51,000	49,100	58,300	55,000	54,700	48,900	0	48,400	47,500	48,800	48,100	42,000	33,800	33,200	30,600	26,800	26,000	26,100	198,900	-32,100	-36,500	26,900	26,400	30,300	25,700	27,200	26,500	26,100	28,200	29,900
Total Other Income Expense Net	-73,465	-2,262	48,671	-30,723	-24,321	-13,282	-4,262	-1,748	-1,443	-1,320	-1,275	-1,633	-2,288	-3,375	-4,850	-22,101	-25,766	-31,256	-30,813	-26,276	-19,053	-14,751	-14,175	-11,595	-10,055	-9,889	-8,714	-7,519	-6,753	-6,068	-6,100	-6,310	-5,833	-5,859	-5,542	-5,371	-5,652	-6,058	-6,572	-7,633	-8,407	-8,718	-11,446	-10,456	-10,432	-9,474	-8,117	-7,125	18,673	-6,583	-6,032	-4,734	9,174	-3,333	-3,808	-3,830	0	-2,855	-3,938	-533	-20,902	-5,090	-4,173	-4,062	3,065	-5,016	-5,060	-2,792	0	-9,831	-11,733	-12,478	-5,376	-13,103	-15,801	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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 Revenue	-157,415	-34,409	61,969	-33,924	51,624	-36,095	36,832	124,639	20,728	20,912	-37,730	123,777	47,504	45,533	199,539	-93,063	59,187	-32,858	-114,960	-48,016	-74,448	29,947	19,970	48,174	25,844	13,996	-3,369	13,367	72,651	17,476	122	-33,426	36,635	-32,399	34,584	11,274	7,845	33,841	9,200	3,278	23,550	-1,896	24,475	23,917	23,189	22,403	21,871	19,657	17,775	14,377	16,049	12,605	11,107	9,204	9,274	8,025	7,325	6,169	5,655	5,793	4,334	4,979	5,870	8,812	2,547	3,359	3,641	5,488	5,488	832	2,864	2,421	3,584	2,566	13,442	22,566	22,566	3,247	5,755	6,401	9,911	9,731	9,405	11,987	2,087	4,380	8,803	9,601	676	10,073	11,422	89,102	89,102	6,007	-60,892	34,518	34,518	10,000	19,700	16,400	11,600	18,800	24,800	24,900	30,900	26,000	25,600	24,600	23,000	21,000	31,200	17,200	17,200	14,500	12,400	11,000	13,200	18,400	21,700	20,300	20,200	19,400	16,500	15,700	-73,000	43,700	46,400	10,300	11,400	8,400	9,800	7,200	4,800	5,700	5,400	5,200

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

Gross Profit (+$)
totalRevenue	-40,236
Cost of Revenue	-2,151
Gross Profit	-42,387	-42,387

Operating Income (+$)
Gross Profit	-42,387
Operating Expense	-30,728
Operating Income	-73,115	-73,115

Operating Expense (+$)
Research Development	0
Selling General Administrative	30,728
Selling And Marketing Expenses	0
Operating Expense	30,728	30,728

Net Interest Income (+$)
Interest Income	166,857
Interest Expense	-215,448
Other Finance Cost	-49,145
Net Interest Income	554

Pretax Income (+$)
Operating Income	-73,115
Net Interest Income	554
Other Non-Operating Income Expenses	0
Income Before Tax (EBT)	-6,130	-140,100 EBIT - interestExpense = -288,563 -8,445 209,318
Interest Expense	215,448
Earnings Before Interest and Taxes (EBIT)	-73,115	209,318
Earnings Before Interest and Taxes (EBITDA)	-73,115

After tax Income (+$)
Income Before Tax	-6,130
Tax Provision	-0
Net Income From Continuing Ops	12,854	-6,130
Net Income	-6,130
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	32,879
Total Other Income/Expenses Net	66,985	-554

Technical Analysis of Dynex Capital Inc
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 Dynex Capital Inc. The general trend of Dynex Capital Inc is UNKNOWN with 0.0% 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 Dynex Capital Inc'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 State	Bullish trend		Bearish trend
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 Dynex Capital Inc.

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: 11.54 < 11.89 < 12.53.

The bearish price targets are: 11.26 > 10.66 > 10.63.

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Dynex Capital Inc 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 Dynex Capital Inc. The current mas is .

Directionalities and relatives.

Moving Average	Amount of candles	Trend	Price +/-	vs. MA 50	vs. MA 100	vs. MA 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.

Dynex Capital Inc 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 Dynex Capital Inc.

Dynex Capital Inc 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 Dynex Capital Inc. The current adx is .

Dynex Capital Inc 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 Dynex Capital Inc.

Dynex Capital Inc 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 Dynex Capital Inc.

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.

Dynex Capital Inc 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 Dynex Capital Inc.

Dynex Capital Inc 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 Dynex Capital Inc.

Dynex Capital Inc 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 Dynex Capital Inc.

Dynex Capital Inc 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 Dynex Capital Inc.

Dynex Capital Inc 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 Dynex Capital Inc.

Dynex Capital Inc 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 Dynex Capital Inc.

Dynex Capital Inc 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 Dynex Capital Inc.

Dynex Capital Inc 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 Dynex Capital Inc.

Dynex Capital Inc Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

Type	Notification	Date
Currently no notifications for Dynex Capital Inc.

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
2023-11-29	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2023-12-01	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-12-04	MFI	LONG ENTRY	SHORT CLOSE	80 crossover to upside
2023-12-05	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-06	MFI	SHORT ENTRY	LONG CLOSE	80 crossover to downside
2023-12-07	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-08	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2023-12-11	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-12	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2023-12-13	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-12-14	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-12-15	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-18	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
2023-12-19	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-20	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-21	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-22	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
2023-12-29	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-03	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-01-04	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-01-05	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-08	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
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-01-11	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-12	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2024-01-18	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
2024-01-22	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-23	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-24	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-25	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
2024-01-26	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	MFI	LONG ENTRY	SHORT CLOSE	80 crossover to upside
2024-01-29	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-30	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
	MFI	SHORT ENTRY	LONG CLOSE	80 crossover to downside
2024-01-31	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-02-01	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.
2024-02-02	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2024-02-05	STOCH	LONG EXIT		The %K line crosses below the %D line.
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-02-06	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-07	STOCH	LONG EXIT		The %K line crosses below the %D line.
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-02-08	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-12	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-02-13	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).
2024-02-14	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-15	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-02-20	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
2024-02-23	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-26	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
2024-02-27	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-02-28	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-02-29	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-03-01	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
2024-03-04	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-06	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-03-07	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
2024-03-08	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-11	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-03-14	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).
2024-03-15	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-03-18	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-19	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-20	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-21	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-03-25	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-03-26	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
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-03-27	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-04-01	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-04-02	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-04-03	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2024-04-04	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-09	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-04-10	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
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-04-12	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-15	STOCH	LONG EXIT		The %K line crosses below the %D line.
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
2024-04-17	RSI	LONG ENTRY	SHORT CLOSE	30 crossover to upside
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-18	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-04-19	STOCH	SHORT EXIT		The %K line crosses above the %D line.

6.3. Candlestick Patterns

Dynex Capital Inc Daily Candlestick Chart

Date	Candlestick Pattern

6.4. Technical Score

Let's check the technical score of Dynex Capital Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Open	Greater than	Close	11.590
Total			1/1 (100.0%)

Create your own Symbol Scanner

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Quick analysis of Dynex Capital Inc (30 sec.)

What can you expect buying and holding a share of Dynex Capital Inc? (30 sec.)

How much money do you get?

What is your share worth?

+ What do you gain per year?

For what price can you sell your share?

1. Valuation of Dynex Capital Inc (5 min.)

$11.46

$14.73

$-1.56 - $17.23

$13.16 - $31.96

2. Growth of Dynex Capital Inc (5 min.)

Is Dynex Capital Inc growing?

How much money is Dynex Capital Inc making?

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

3. Financial Health of Dynex Capital Inc (5 min.)

What can you expect buying and holding a share of Dynex Capital Inc? (5 min.)

What can you expect buying and holding a share of Dynex Capital Inc?

Speculation

Investing

How much money are you going to get?

When do you get the money?

How sure are you?

Linear %

Fundamentals of Dynex Capital Inc

About Dynex Capital Inc

Financial Health

Valuation

1.1. Profitability of Dynex Capital Inc.

1.1. Profitability

1.1.1. Net Profit Margin

Trends

1.1.2. Return on Assets

Trends

1.1.3. Return on Equity

Trends

1.2. Operating Efficiency of Dynex Capital Inc.

1.2. Operating Efficiency

1.2.1. Operating Margin

Trends

1.2.2. Operating Ratio

Trends

1.3. Liquidity of Dynex Capital Inc.

1.3. Liquidity

1.3.1. Current Ratio

Trends

1.3.2. Quick Ratio

Trends

1.4. Solvency of Dynex Capital Inc.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Trends

1.4.2. Debt to Equity Ratio

Trends

2. Market Valuation of Dynex Capital Inc

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

Trends

2.2. Price To Free Cash Flow Ratio

Trends

2. Book Value per Share

2.3. Price to Book Ratio

Trends

Dynex Capital Inc
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