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Ferrovial
Buy or Sell?

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

Let's start. I'm going to help you getting a better view of Ferrovial. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

  1. Company's Financial Health
    A deep dive into the books. How are the numbers doing? Is Ferrovial even making a profit? Is the company skyrocketing? Or is it sinking like the Titanic. The trend is your friend.
  2. Market Valuation
    Finally, you now have an insight of how Ferrovial is doing in the market. If the company is worth buying. The latest step is to find out how other investors value Ferrovial. The closing price on 2022-09-23 was €23.30 per share. Is the company over- or underpriced?
  3. Key Performance Indicators
    A total overlook on how the company is doing. Based on the (trends in) the key performance indicators.
Daily chart of Ferrovial
Ferrovial Daily Candlestick Chart

1.1. Profitability of Ferrovial.

1.1. Profitability

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

1.1.1. Net Profit Margin
  • Measures how much profit a company generates for each dollar of revenue.
  • Above 10% is considered healthy depending on the industry.
  • A net profit margin of 25% means that $0,25 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Ferrovial:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM17.5%-17.5%
TTM17.5%YOY-3.6%+21.0%
TTM17.5%5Y2.6%+14.9%
5Y2.6%10Y4.1%-1.5%
Compared to industry (Infrastructure Operations)
PeriodCompanyIndustry (mean)+/- 
MRQ-13.7%-13.7%
TTM17.5%13.5%+4.0%
YOY-3.6%10.3%-13.9%
5Y2.6%10.6%-8.0%
10Y4.1%13.0%-8.9%
1.1.2. Return on Assets
  • Shows how profitable a company is in relation to its total assets.
  • Above 5% is considered healthy depending on the industry.
  • 5% return on assets means the company generated $0,05 for each $1 in assets.

Let's take a look of the Return on Assets trends of Ferrovial:

  • The MRQ is 0.1%. Bad. -1
  • The TTM is 1.4%. Neutral. Compare to industry.
Trends
Current periodCompared to+/- 
MRQ0.1%TTM1.4%-1.3%
TTM1.4%YOY-0.2%+1.7%
TTM1.4%5Y0.3%+1.1%
5Y0.3%10Y0.5%-0.2%
Compared to industry (Infrastructure Operations)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1%0.9%-0.8%
TTM1.4%0.9%+0.5%
YOY-0.2%0.9%-1.1%
5Y0.3%0.8%-0.5%
10Y0.5%0.8%-0.3%
1.1.3. Return On Equity
  • Measures the profit in relation to shareholders equity (total assets - total liabilities).
  • Above 15%-20% is considered healthy depending on the industry
  • 10% return on equity means the company generated $0,1 for each $1 the owners (shareholders) invested.

Let's take a look of the Return On Equity trends of Ferrovial:

  • The MRQ is 0.6%. Bad. -1
  • The TTM is 8.9%. Neutral. Compare to industry.
Trends
Current periodCompared to+/- 
MRQ0.6%TTM8.9%-8.3%
TTM8.9%YOY-1.6%+10.6%
TTM8.9%5Y1.6%+7.3%
5Y1.6%10Y2.1%-0.4%
Compared to industry (Infrastructure Operations)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6%2.0%-1.4%
TTM8.9%2.3%+6.6%
YOY-1.6%2.3%-3.9%
5Y1.6%1.9%-0.3%
10Y2.1%2.0%+0.1%

1.2. Operating Efficiency of Ferrovial.

1.2. Operating Efficiency
1.2.1. Operating Margin
  • Measures how much profit a company makes for each $1 of sales after paying variable costs (production costs, wages) but before taxes.
  • Above 15% is considered healthy depending on the industry
  • An operating margin of 20% means the company generated $0,2 for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Ferrovial:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM2.7%-2.7%
TTM2.7%YOY4.9%-2.2%
TTM2.7%5Y3.7%-1.0%
5Y3.7%10Y2.2%+1.5%
Compared to industry (Infrastructure Operations)
PeriodCompanyIndustry (mean)+/- 
MRQ-26.6%-26.6%
TTM2.7%21.6%-18.9%
YOY4.9%19.4%-14.5%
5Y3.7%19.3%-15.6%
10Y2.2%13.2%-11.0%
1.2.2. Operating Ratio
  • Measures how efficient the company is creating its products or services while keeping operating costs low.
  • Below 1 is considered healthy depending on the industry
  • An operation ratio of 0.5 means that the operating costs are $0,5 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Ferrovial:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y0.597-0.597
5Y0.59710Y0.574+0.023
Compared to industry (Infrastructure Operations)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.247-1.247
TTM-1.112-1.112
YOY-0.995-0.995
5Y0.5970.993-0.396
10Y0.5740.804-0.230

1.3. Liquidity of Ferrovial.

1.3. Liquidity
1.3.1. Current Ratio
  • Measures if the company is able to pay off short-term debts (debts due within 1 year).
  • Above 1 is considered healthy depending on the industry.
  • A current ratio of 1.5 means the company has $1.5 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Ferrovial:

  • The MRQ is 1.261. Neutral. Compare to industry.
  • The TTM is 1.314. Neutral. Compare to industry.
Trends
Current periodCompared to+/- 
MRQ1.261TTM1.314-0.053
TTM1.314YOY1.482-0.168
TTM1.3145Y1.389-0.076
5Y1.38910Y0.788+0.601
Compared to industry (Infrastructure Operations)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2611.313-0.052
TTM1.3141.3140.000
YOY1.4821.214+0.268
5Y1.3891.263+0.126
10Y0.7880.917-0.129
1.3.2. Quick Ratio
  • Measures if the company is able to pay short-term debts (debts due within 1 year). But only uses the most liquid assets (cash, marketable securities and accounts retrievable).
  • Above 1 is considered healthy depending on the industry.
  • A quick ratio of 0,8 means the company can pay off $0,8 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Ferrovial:

  • The MRQ is 0.241. Warning. Indication that company may not be able to fully pay off its current liabilities in the short term. -1
  • The TTM is 0.219. Warning. Indication that company may not be able to fully pay off its current liabilities in the short term. -1
Trends
Current periodCompared to+/- 
MRQ0.241TTM0.219+0.022
TTM0.219YOY0.174+0.046
TTM0.2195Y0.258-0.038
5Y0.25810Y0.363-0.105
Compared to industry (Infrastructure Operations)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2410.289-0.048
TTM0.2190.369-0.150
YOY0.1740.582-0.408
5Y0.2580.461-0.203
10Y0.3630.403-0.040

1.4. Solvency of Ferrovial.

1.3. Liquidity
1.4.1. Debt To Asset Ratio
  • Shows if the company is owned by creditors or shareholders.
  • Below 1 (100%) is considered healthy depending on the industry
  • A debt to asset ratio of 0.45 (45%) means that the company is financed with 45% credit and 55% is financed by it's owners (shareholders).

Let's take a look of the Debt To Asset Ratio trends of Ferrovial:

  • The MRQ is 0.765. Tight, but oke.
  • The TTM is 0.782. Tight, but oke.
Trends
Current periodCompared to+/- 
MRQ0.765TTM0.782-0.017
TTM0.782YOY0.833-0.051
TTM0.7825Y0.785-0.004
5Y0.78510Y0.763+0.023
Compared to industry (Infrastructure Operations)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7650.543+0.222
TTM0.7820.540+0.242
YOY0.8330.548+0.285
5Y0.7850.535+0.250
10Y0.7630.523+0.240
1.4.2. Debt to Equity Ratio
  • Measures the total debt versus the total shareholders equity (total assets - total liabilities).
  • Below 2 is considered healthy depending on the industry.
  • A debt to equity ratio of 0.84 means that company has $0,84 debt for each $1 in equity.

Let's take a look of the Debt to Equity Ratio trends of Ferrovial:

  • The MRQ is 4.832. Bad. To much debt compared to equity. -1
  • The TTM is 5.064. Bad. To much debt compared to equity. -1
Trends
Current periodCompared to+/- 
MRQ4.832TTM5.064-0.232
TTM5.064YOY6.020-0.956
TTM5.0645Y4.662+0.402
5Y4.66210Y3.854+0.808
Compared to industry (Infrastructure Operations)
PeriodCompanyIndustry (mean)+/- 
MRQ4.8321.294+3.538
TTM5.0641.310+3.754
YOY6.0201.399+4.621
5Y4.6621.384+3.278
10Y3.8541.393+2.461

2. Market Valuation of Ferrovial

2. Earnings
2.1. Price to Earnings Ratio
  • Compares the company's stock price to its earnings.
  • Above 15 is considered overpriced but is hard to determine (always use industry average).
  • A PE ratio of 15 means the investor is paying $15 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Ferrovial:

  • The EOD is 11.987. Good. +1
  • The MRQ is 12.445. Good. +1
  • The TTM is -225.729. Company is losing money. -2
Trends
Current periodCompared to+/- 
EOD11.987MRQ12.445-0.458
MRQ12.445TTM-225.729+238.174
TTM-225.729YOY-69.732-155.997
TTM-225.7295Y-24.447-201.282
5Y-24.44710Y-0.570-23.877
Compared to industry (Infrastructure Operations)
PeriodCompanyIndustry (mean)+/- 
EOD11.9879.549+2.438
MRQ12.4459.698+2.747
TTM-225.7298.447-234.176
YOY-69.73210.330-80.062
5Y-24.4479.435-33.882
10Y-0.57011.411-11.981
2.2. Price/Earnings-to-Growth Ratio

Let's take a look of the Price/Earnings-to-Growth Ratio trends of Ferrovial:

  • The MRQ is -0.016. Very Bad. -2
  • The TTM is 2.747. Seems overpriced? -1
Trends
Current periodCompared to+/- 
MRQ-0.016TTM2.747-2.763
TTM2.747YOY-0.105+2.852
TTM2.7475Y5.503-2.756
5Y5.50310Y3.377+2.126
Compared to industry (Infrastructure Operations)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.016-0.178+0.162
TTM2.7470.005+2.742
YOY-0.105-0.032-0.073
5Y5.5030.004+5.499
10Y3.3770.004+3.373

2. Books
2.3. Price to Book Ratio
  • Shows if the stock is under or overvalued compared to it's book value (total assets - total liabilities).
  • At or below 1 is considered healthy
  • A PB ratio of 3 means the investor is paying $3 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Ferrovial:

  • The EOD is 2.802. Good. +1
  • The MRQ is 2.909. Good. +1
  • The TTM is 3.579. Neutral. Compare to industry.
Trends
Current periodCompared to+/- 
EOD2.802MRQ2.909-0.107
MRQ2.909TTM3.579-0.670
TTM3.579YOY4.296-0.717
TTM3.5795Y3.347+0.232
5Y3.34710Y1.798+1.550
Compared to industry (Infrastructure Operations)
PeriodCompanyIndustry (mean)+/- 
EOD2.8020.842+1.960
MRQ2.9090.861+2.048
TTM3.5790.982+2.597
YOY4.2960.870+3.426
5Y3.3470.892+2.455
10Y1.7980.813+0.985

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Ferrovial compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Per Share--8.3167.358+13%5.275+58%6.948+20%4.038+106%
Current Ratio--1.2611.314-4%1.482-15%1.389-9%0.788+60%
Debt To Asset Ratio--0.7650.782-2%0.833-8%0.785-3%0.763+0%
Debt To Equity Ratio--4.8325.064-5%6.020-20%4.662+4%3.854+25%
Eps--0.0350.486-93%-0.074+313%0.097-64%0.092-63%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Net Profit Margin---0.175-100%-0.0360%0.026-100%0.041-100%
Operating Margin---0.027-100%0.049-100%0.037-100%0.022-100%
Operating Ratio----0%-0%0.597-100%0.574-100%
Pb Ratio2.802-4%2.9093.579-19%4.296-32%3.347-13%1.798+62%
Pe Ratio11.987-4%12.445-225.729+1914%-69.732+660%-24.447+296%-0.570+105%
Peg Ratio---0.0162.747-101%-0.105+538%5.503-100%3.377-100%
Price Per Share23.300-4%24.19025.278-4%22.583+7%22.307+8%19.304+25%
Quick Ratio--0.2410.219+10%0.174+39%0.258-6%0.363-34%
Return On Assets--0.0010.014-93%-0.002+329%0.003-67%0.005-78%
Return On Equity--0.0060.089-93%-0.016+361%0.016-62%0.021-70%
 EOD+3 -0MRQTTM+7 -7YOY+8 -55Y+5 -1010Y+4 -11

3.2. Fundamental Score

Let's check the fundamental score of Ferrovial based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1511.987
Price to Book Ratio (EOD)Between0-12.802
Net Profit Margin (MRQ)Greater than00.000
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.241
Current Ratio (MRQ)Greater than11.261
Debt To Asset Ratio (MRQ)Less than10.765
Debt to Equity Ratio (MRQ)Less than14.832
Return On Equity (MRQ)Greater than0.150.006
Return on Assets (MRQ)Greater than0.050.001
Total3/10 (30.0%)

3.3. Technical Score

Let's check the technical score of Ferrovial based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5029.519
Ma 20Greater thanMa 5024.853
Ma 50Greater thanMa 10025.704
Ma 100Greater thanMa 20024.944
OpenGreater thanClose23.650
Total2/5 (40.0%)



Latest Balance Sheet

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

Summary
Total Assets25,557,000
Total Liabilities19,549,000
Total Stockholder Equity4,046,000
 As reported
Total Liabilities 19,549,000
Total Stockholder Equity+ 4,046,000
Total Assets = 25,557,000

Assets

Total Assets25,557,000
Total Current Assets8,238,000
Long-term Assets8,238,000
Total Current Assets
Cash And Cash Equivalents 5,031,000
Net Receivables 1,577,000
Inventory 446,000
Other Current Assets 1,184,000
Total Current Assets  (as reported)8,238,000
Total Current Assets  (calculated)8,238,000
+/-0
Long-term Assets
Property Plant Equipment 538,000
Goodwill 453,000
Intangible Assets 135,000
Other Assets 1,867,000
Long-term Assets  (as reported)17,319,000
Long-term Assets  (calculated)2,993,000
+/- 14,326,000

Liabilities & Shareholders' Equity

Total Current Liabilities6,533,000
Long-term Liabilities13,016,000
Total Stockholder Equity4,046,000
Total Current Liabilities
Short Long Term Debt 1,284,000
Accounts payable 1,641,000
Other Current Liabilities 3,558,000
Total Current Liabilities  (as reported)6,533,000
Total Current Liabilities  (calculated)6,483,000
+/- 50,000
Long-term Liabilities
Long term Debt 10,067,000
Capital Lease Obligations Min Short Term Debt151,000
Other Liabilities 2,761,000
Long-term Liabilities  (as reported)13,016,000
Long-term Liabilities  (calculated)12,979,000
+/- 37,000
Total Stockholder Equity
Common Stock148,000
Retained Earnings 4,757,000
Other Stockholders Equity -487,000
Total Stockholder Equity (as reported)4,046,000
Total Stockholder Equity (calculated)4,418,000
+/- 372,000
Other
Common Stock Shares Outstanding 722,478
Net Debt 6,320,000
Net Invested Capital 15,397,000
Net Tangible Assets -8,811,000
Net Working Capital 1,705,000



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-312004-12-312004-09-302004-06-302004-03-312003-12-312003-03-312002-12-312002-09-302002-06-302002-03-312001-12-312001-09-302001-06-302001-03-312000-12-31
> Total Assets 
5,579,119
9,447,938
10,359,848
10,736,000
6,859,183
11,613,600
11,239,900
11,420,400
6,334,423
0
7,197,692
0
7,817,517
8,136,025
8,960,989
8,974,200
9,440,600
10,235,500
10,234,831
10,316,100
10,494,800
11,817,500
11,884,759
11,624,700
12,007,238
12,169,100
12,296,000
12,085,300
12,154,777
12,993,500
13,417,000
12,153,800
11,871,627
11,949,300
43,999,000
44,252,000
48,766,000
45,003,000
43,287,000
41,394,000
40,402,729
42,070,000
22,972,000
22,783,100
23,315,000
23,410,200
22,217,000
22,405,000
22,614,000
23,186,000
22,820,000
22,933,000
23,714,000
25,192,000
25,473,000
26,869,000
26,277,000
26,290,000
25,384,000
22,663,000
23,785,000
24,268,000
23,397,000
24,080,000
22,906,000
22,516,000
22,990,000
22,402,000
23,452,000
24,095,000
22,813,000
24,065,000
23,730,000
24,847,000
24,109,000
24,510,000
24,823,000
24,224,000
23,128,000
23,341,000
21,790,000
22,047,000
24,896,000
0
25,557,000
25,557,000024,896,00022,047,00021,790,00023,341,00023,128,00024,224,00024,823,00024,510,00024,109,00024,847,00023,730,00024,065,00022,813,00024,095,00023,452,00022,402,00022,990,00022,516,00022,906,00024,080,00023,397,00024,268,00023,785,00022,663,00025,384,00026,290,00026,277,00026,869,00025,473,00025,192,00023,714,00022,933,00022,820,00023,186,00022,614,00022,405,00022,217,00023,410,20023,315,00022,783,10022,972,00042,070,00040,402,72941,394,00043,287,00045,003,00048,766,00044,252,00043,999,00011,949,30011,871,62712,153,80013,417,00012,993,50012,154,77712,085,30012,296,00012,169,10012,007,23811,624,70011,884,75911,817,50010,494,80010,316,10010,234,83110,235,5009,440,6008,974,2008,960,9898,136,0257,817,51707,197,69206,334,42311,420,40011,239,90011,613,6006,859,18310,736,00010,359,8489,447,9385,579,119
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
7,750,000
8,456,000
7,746,000
7,299,000
8,063,000
7,545,000
8,131,000
8,462,000
10,758,000
12,238,000
12,040,000
12,124,000
11,751,000
12,074,000
12,784,000
13,097,000
12,666,000
12,324,000
11,054,000
10,888,000
9,102,000
8,238,000
8,238,000
8,238,0008,238,0009,102,00010,888,00011,054,00012,324,00012,666,00013,097,00012,784,00012,074,00011,751,00012,124,00012,040,00012,238,00010,758,0008,462,0008,131,0007,545,0008,063,0007,299,0007,746,0008,456,0007,750,00000000000000000000000000000000000000000000000000000000000000000
       Cash And Cash Equivalents 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,516,000
4,058,000
3,720,000
3,556,000
4,542,000
3,925,000
4,336,000
4,633,000
3,996,000
4,169,000
3,753,000
4,047,000
4,730,000
5,111,000
6,583,000
6,647,000
6,424,000
6,003,000
5,116,000
5,315,000
5,468,000
0
5,031,000
5,031,00005,468,0005,315,0005,116,0006,003,0006,424,0006,647,0006,583,0005,111,0004,730,0004,047,0003,753,0004,169,0003,996,0004,633,0004,336,0003,925,0004,542,0003,556,0003,720,0004,058,0003,516,00000000000000000000000000000000000000000000000000000000000000000
       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
0
0
0
58,000
20,000
26,000
11,000
0
0
0011,00026,00020,00058,0000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Net Receivables 
144,852
1,671,040
2,100,810
2,195,100
178,737
1,938,700
1,912,200
2,165,600
231,851
0
181,616
0
233,256
206,683
223,322
107,000
248,200
258,400
248,210
254,800
285,000
280,300
310,862
310,000
375,288
301,000
408,000
387,400
240,704
473,700
383,000
284,000
194,515
322,000
3,111,000
3,303,000
3,544,000
3,797,000
3,111,000
3,135,000
3,097,825
3,123,000
2,627,000
2,871,500
2,539,000
2,503,200
2,162,000
2,364,000
2,640,000
2,561,000
2,135,000
2,181,000
2,396,000
2,563,000
2,139,000
2,516,000
2,551,000
2,600,000
2,328,000
2,666,000
3,258,000
3,327,000
2,917,000
3,117,000
3,044,000
3,077,000
2,684,000
2,781,000
3,056,000
3,086,000
1,135,000
853,000
1,015,000
987,000
1,287,000
1,236,000
1,379,000
1,409,000
1,343,000
1,392,000
1,499,000
1,491,000
1,345,000
1,577,000
1,577,000
1,577,0001,577,0001,345,0001,491,0001,499,0001,392,0001,343,0001,409,0001,379,0001,236,0001,287,000987,0001,015,000853,0001,135,0003,086,0003,056,0002,781,0002,684,0003,077,0003,044,0003,117,0002,917,0003,327,0003,258,0002,666,0002,328,0002,600,0002,551,0002,516,0002,139,0002,563,0002,396,0002,181,0002,135,0002,561,0002,640,0002,364,0002,162,0002,503,2002,539,0002,871,5002,627,0003,123,0003,097,8253,135,0003,111,0003,797,0003,544,0003,303,0003,111,000322,000194,515284,000383,000473,700240,704387,400408,000301,000375,288310,000310,862280,300285,000254,800248,210258,400248,200107,000223,322206,683233,2560181,6160231,8512,165,6001,912,2001,938,700178,7372,195,1002,100,8101,671,040144,852
       Other Current Assets 
4,122
0
1
0
39,242
0
0
0
33,312
0
30,660
0
40,202
39,692
45,296
12,700
15,500
21,700
20,432
24,600
28,300
19,000
4,615
64,500
39,418
45,400
28,000
42,900
227,362
21,300
23,000
800
2,098,884
0
70,000
0
2,214,000
0
50,000
0
106,744
0
52,000
2,200
12,000
21,300
52,000
12,000
29,000
11,000
88,000
16,000
10,000
6,000
113,000
13,000
543,000
569,000
2,569,000
32,000
757,000
752,000
739,000
666,000
335,000
36,000
150,000
121,000
95,000
82,000
5,033,000
2,000
6,174,000
1,000
5,035,000
5,015,000
4,097,000
4,344,000
4,208,000
4,505,000
4,045,000
3,680,000
1,873,000
1,184,000
1,184,000
1,184,0001,184,0001,873,0003,680,0004,045,0004,505,0004,208,0004,344,0004,097,0005,015,0005,035,0001,0006,174,0002,0005,033,00082,00095,000121,000150,00036,000335,000666,000739,000752,000757,00032,0002,569,000569,000543,00013,000113,0006,00010,00016,00088,00011,00029,00012,00052,00021,30012,0002,20052,0000106,744050,00002,214,000070,00002,098,88480023,00021,300227,36242,90028,00045,40039,41864,5004,61519,00028,30024,60020,43221,70015,50012,70045,29639,69240,202030,660033,31200039,2420104,122
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
11,827,000
11,690,000
12,723,000
12,358,000
12,436,000
12,039,000
11,127,000
10,462,000
11,017,000
10,736,000
11,159,000
15,794,000
0
17,319,000
17,319,000015,794,00011,159,00010,736,00011,017,00010,462,00011,127,00012,039,00012,436,00012,358,00012,723,00011,690,00011,827,00000000000000000000000000000000000000000000000000000000000000000000000000
       Property Plant Equipment 
3,752,315
4,140,069
4,535,750
0
4,735,953
5,065,400
4,823,300
5,791,000
4,427,470
0
674
0
5,412,081
6,123,281
171,241
7,457,700
153,000
154,700
135,756
157,600
145,900
144,400
140,040
149,300
150,680
152,600
171,000
175,200
180,681
195,000
2,000
0
1,789
1,500
746,000
24,824,000
26,686,000
22,645,000
16,553,000
21,776,000
21,676,459
23,148,000
691,000
681,400
637,000
614,400
542,000
539,000
566,000
535,000
520,000
501,000
494,000
469,000
451,000
481,000
472,000
481,000
491,000
470,000
603,000
607,000
731,000
735,000
715,000
694,000
694,000
662,000
661,000
648,000
251,000
368,000
340,000
417,000
425,000
415,000
409,000
382,000
369,000
399,000
397,000
483,000
504,000
538,000
538,000
538,000538,000504,000483,000397,000399,000369,000382,000409,000415,000425,000417,000340,000368,000251,000648,000661,000662,000694,000694,000715,000735,000731,000607,000603,000470,000491,000481,000472,000481,000451,000469,000494,000501,000520,000535,000566,000539,000542,000614,400637,000681,400691,00023,148,00021,676,45921,776,00016,553,00022,645,00026,686,00024,824,000746,0001,5001,78902,000195,000180,681175,200171,000152,600150,680149,300140,040144,400145,900157,600135,756154,700153,0007,457,700171,2416,123,2815,412,081067404,427,4705,791,0004,823,3005,065,4004,735,95304,535,7504,140,0693,752,315
       Goodwill 
20,296
307,749
306,037
331,200
69,649
283,500
357,700
350,800
133,170
0
126,225
0
162,349
209,029
181,819
168,100
173,600
179,900
181,896
178,100
217,700
218,300
159,296
158,700
164,735
165,600
164,000
155,300
154,298
160,700
97,000
98,600
100,317
103,500
6,952,000
7,072,000
7,499,000
5,981,000
5,032,000
4,900,000
4,811,327
5,013,000
1,493,000
1,494,300
1,507,000
1,500,700
1,487,000
1,511,000
1,907,000
1,921,000
1,893,000
1,898,000
1,929,000
1,971,000
1,982,000
2,089,000
2,095,000
2,049,000
1,885,000
1,814,000
2,280,000
2,267,000
2,170,000
2,171,000
2,121,000
2,108,000
2,062,000
2,056,000
2,059,000
2,052,000
372,000
305,000
304,000
315,000
248,000
248,000
245,000
237,000
208,000
213,000
154,000
167,000
420,000
0
453,000
453,0000420,000167,000154,000213,000208,000237,000245,000248,000248,000315,000304,000305,000372,0002,052,0002,059,0002,056,0002,062,0002,108,0002,121,0002,171,0002,170,0002,267,0002,280,0001,814,0001,885,0002,049,0002,095,0002,089,0001,982,0001,971,0001,929,0001,898,0001,893,0001,921,0001,907,0001,511,0001,487,0001,500,7001,507,0001,494,3001,493,0005,013,0004,811,3274,900,0005,032,0005,981,0007,499,0007,072,0006,952,000103,500100,31798,60097,000160,700154,298155,300164,000165,600164,735158,700159,296218,300217,700178,100181,896179,900173,600168,100181,819209,029162,3490126,2250133,170350,800357,700283,50069,649331,200306,037307,74920,296
       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
2,911,000
3,181,000
2,784,000
3,205,000
2,721,000
2,972,000
3,719,000
2,971,000
2,455,000
2,617,000
2,339,000
2,492,000
2,557,000
0
0
0
0
0
0
0
0
0
0
00000000002,557,0002,492,0002,339,0002,617,0002,455,0002,971,0003,719,0002,972,0002,721,0003,205,0002,784,0003,181,0002,911,00000000000000000000000000000000000000000000000000000000000000000
       Intangible Assets 
165,787
500,494
491,065
331,200
208,935
464,100
512,100
350,800
230,829
0
226,015
0
282,852
209,029
334,153
168,100
236,000
240,700
250,013
245,000
281,300
318,800
250,948
249,300
252,586
252,300
248,000
241,600
257,871
265,000
97,000
98,600
100,330
103,500
30,618,000
7,190,000
7,596,000
6,069,000
10,704,000
5,008,000
4,918,902
5,120,000
7,558,000
7,619,300
8,009,000
8,055,300
8,358,000
8,799,000
9,475,000
9,620,000
9,761,000
9,962,000
10,289,000
11,018,000
11,495,000
12,030,000
11,782,000
11,864,000
9,076,000
2,038,000
9,660,000
2,581,000
8,841,000
2,682,000
8,566,000
2,552,000
8,376,000
2,473,000
6,662,000
550,000
6,312,000
29,000
29,000
55,000
62,000
60,000
60,000
58,000
60,000
94,000
105,000
120,000
125,100
0
135,000
135,0000125,100120,000105,00094,00060,00058,00060,00060,00062,00055,00029,00029,0006,312,000550,0006,662,0002,473,0008,376,0002,552,0008,566,0002,682,0008,841,0002,581,0009,660,0002,038,0009,076,00011,864,00011,782,00012,030,00011,495,00011,018,00010,289,0009,962,0009,761,0009,620,0009,475,0008,799,0008,358,0008,055,3008,009,0007,619,3007,558,0005,120,0004,918,9025,008,00010,704,0006,069,0007,596,0007,190,00030,618,000103,500100,33098,60097,000265,000257,871241,600248,000252,300252,586249,300250,948318,800281,300245,000250,013240,700236,000168,100334,153209,029282,8520226,0150230,829350,800512,100464,100208,935331,200491,065500,494165,787
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
11,827,000
-1,000
12,723,000
-3,000
-1,000
0
1,000
-1,000
1,000
0
0
3,900
0
0
003,900001,000-1,0001,0000-1,000-3,00012,723,000-1,00011,827,00000000000000000000000000000000000000000000000000000000000000000000000000
> Total Liabilities 
4,605,161
7,887,257
8,673,865
9,167,000
5,812,727
9,322,800
9,014,800
9,169,300
4,977,778
0
5,577,949
0
5,980,164
6,226,533
6,632,008
7,314,800
7,728,800
8,733,700
8,666,206
8,780,300
8,989,700
10,417,700
10,352,503
10,230,200
10,532,719
10,881,500
11,016,000
11,052,600
11,032,927
11,975,300
12,947,000
11,449,800
11,118,353
11,203,800
39,280,000
39,655,000
44,467,000
40,348,000
36,659,000
34,758,000
34,177,187
35,921,000
16,684,000
16,683,200
16,929,000
16,951,700
16,454,000
16,653,000
16,682,000
17,094,000
16,746,000
16,935,000
17,774,000
18,964,000
19,452,000
20,576,000
19,801,000
19,996,000
18,843,000
15,940,000
17,301,000
18,092,000
17,083,000
17,785,000
16,874,000
16,623,000
16,756,000
16,460,000
17,448,000
17,967,000
17,450,000
18,806,000
18,595,000
19,867,000
19,022,000
19,648,000
20,320,000
20,147,000
19,301,000
19,484,000
18,094,000
18,334,000
19,057,000
0
19,549,000
19,549,000019,057,00018,334,00018,094,00019,484,00019,301,00020,147,00020,320,00019,648,00019,022,00019,867,00018,595,00018,806,00017,450,00017,967,00017,448,00016,460,00016,756,00016,623,00016,874,00017,785,00017,083,00018,092,00017,301,00015,940,00018,843,00019,996,00019,801,00020,576,00019,452,00018,964,00017,774,00016,935,00016,746,00017,094,00016,682,00016,653,00016,454,00016,951,70016,929,00016,683,20016,684,00035,921,00034,177,18734,758,00036,659,00040,348,00044,467,00039,655,00039,280,00011,203,80011,118,35311,449,80012,947,00011,975,30011,032,92711,052,60011,016,00010,881,50010,532,71910,230,20010,352,50310,417,7008,989,7008,780,3008,666,2068,733,7007,728,8007,314,8006,632,0086,226,5335,980,16405,577,94904,977,7789,169,3009,014,8009,322,8005,812,7279,167,0008,673,8657,887,2574,605,161
   > Total Current Liabilities 
267,096
2,902,613
3,365,278
3,532,900
480,684
3,457,100
3,509,900
3,661,600
567,819
0
387,850
0
529,866
600,909
494,754
741,300
732,800
861,800
1,006,380
728,200
709,900
902,200
1,604,637
1,282,200
1,519,825
1,150,800
702,000
757,100
496,656
797,000
619,000
499,000
2,471,809
954,200
9,298,000
9,670,000
13,120,000
12,079,000
7,868,000
8,339,000
7,253,049
7,208,000
5,577,000
5,579,100
5,368,000
5,309,500
4,982,000
4,902,000
4,859,000
5,197,000
5,013,000
4,939,000
5,296,000
5,355,000
5,435,000
5,189,000
6,163,000
6,157,000
8,442,000
5,555,000
7,236,000
7,072,000
5,556,000
5,563,000
5,372,000
5,155,000
5,848,000
5,477,000
6,131,000
6,430,000
7,297,000
8,977,000
8,788,000
9,097,000
8,621,000
8,414,000
8,350,000
8,453,000
8,736,000
8,557,000
7,426,000
8,076,000
6,577,000
6,533,000
6,533,000
6,533,0006,533,0006,577,0008,076,0007,426,0008,557,0008,736,0008,453,0008,350,0008,414,0008,621,0009,097,0008,788,0008,977,0007,297,0006,430,0006,131,0005,477,0005,848,0005,155,0005,372,0005,563,0005,556,0007,072,0007,236,0005,555,0008,442,0006,157,0006,163,0005,189,0005,435,0005,355,0005,296,0004,939,0005,013,0005,197,0004,859,0004,902,0004,982,0005,309,5005,368,0005,579,1005,577,0007,208,0007,253,0498,339,0007,868,00012,079,00013,120,0009,670,0009,298,000954,2002,471,809499,000619,000797,000496,656757,100702,0001,150,8001,519,8251,282,2001,604,637902,200709,900728,2001,006,380861,800732,800741,300494,754600,909529,8660387,8500567,8193,661,6003,509,9003,457,100480,6843,532,9003,365,2782,902,613267,096
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
8,330,000
9,166,000
8,580,000
388,000
838,000
393,000
742,000
1,014,000
773,000
1,058,000
982,000
1,083,000
1,034,000
0
0
0
0
0
0
0
0
0
0
00000000001,034,0001,083,000982,0001,058,000773,0001,014,000742,000393,000838,000388,0008,580,0009,166,0008,330,00000000000000000000000000000000000000000000000000000000000000000
       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
8,330,000
9,166,000
8,580,000
388,000
838,000
393,000
742,000
1,014,000
773,000
1,058,000
982,000
1,083,000
1,034,000
891,000
1,478,000
1,520,000
1,656,000
1,381,000
748,000
1,438,000
1,075,000
0
1,284,000
1,284,00001,075,0001,438,000748,0001,381,0001,656,0001,520,0001,478,000891,0001,034,0001,083,000982,0001,058,000773,0001,014,000742,000393,000838,000388,0008,580,0009,166,0008,330,00000000000000000000000000000000000000000000000000000000000000000
       Accounts payable 
101,110
1,983,081
2,359,330
2,515,900
108,753
1,753,600
2,354,600
2,666,900
194,940
0
93,552
0
128,347
176,344
122,618
90,100
119,000
156,700
55,572
277,500
277,900
0
144,372
0
178,826
0
92,000
0
120,051
0
58,000
0
54,612
260,300
3,340,000
5,077,000
4,238,000
5,490,000
3,150,000
4,634,000
3,644,462
4,540,000
3,128,000
2,947,600
3,114,000
2,932,000
2,648,000
2,459,000
2,586,000
2,782,000
2,665,000
2,536,000
2,698,000
2,777,000
2,950,000
3,134,000
2,968,000
2,872,000
1,996,000
1,908,000
2,205,000
2,229,000
2,299,000
2,254,000
2,346,000
2,274,000
2,283,000
2,147,000
2,318,000
2,428,000
1,314,000
1,228,000
1,272,000
1,375,000
1,327,000
1,268,000
1,321,000
1,400,000
1,390,000
1,394,000
1,447,000
1,480,000
1,535,000
1,641,000
1,641,000
1,641,0001,641,0001,535,0001,480,0001,447,0001,394,0001,390,0001,400,0001,321,0001,268,0001,327,0001,375,0001,272,0001,228,0001,314,0002,428,0002,318,0002,147,0002,283,0002,274,0002,346,0002,254,0002,299,0002,229,0002,205,0001,908,0001,996,0002,872,0002,968,0003,134,0002,950,0002,777,0002,698,0002,536,0002,665,0002,782,0002,586,0002,459,0002,648,0002,932,0003,114,0002,947,6003,128,0004,540,0003,644,4624,634,0003,150,0005,490,0004,238,0005,077,0003,340,000260,30054,612058,0000120,051092,0000178,8260144,3720277,900277,50055,572156,700119,00090,100122,618176,344128,347093,5520194,9402,666,9002,354,6001,753,600108,7532,515,9002,359,3301,983,081101,110
       Other Current Liabilities 
62,428
559,055
622,270
640,200
176,140
1,263,200
661,200
624,300
204,102
0
75,243
0
161,296
191,842
128,739
34,700
32,500
33,600
231,652
46,900
63,200
317,100
143,603
324,100
186,109
397,800
225,000
369,600
246,694
358,400
140,000
164,400
1,846,648
0
4,021,000
2,200,000
3,974,000
4,522,000
3,187,000
634,000
1,556,744
623,000
1,235,000
1,369,700
1,074,000
1,145,100
1,105,000
1,146,000
994,000
1,057,000
1,045,000
1,042,000
1,267,000
1,183,000
1,117,000
1,154,000
1,843,000
1,856,000
5,061,000
2,114,000
2,844,000
2,803,000
2,955,000
2,909,000
2,707,000
2,493,000
2,727,000
2,937,000
3,071,000
2,988,000
4,939,000
3,000
6,479,000
-2,000
5,890,000
6,182,000
5,478,000
5,478,000
5,364,000
5,740,000
5,182,000
5,108,000
3,613,000
3,558,000
3,558,000
3,558,0003,558,0003,613,0005,108,0005,182,0005,740,0005,364,0005,478,0005,478,0006,182,0005,890,000-2,0006,479,0003,0004,939,0002,988,0003,071,0002,937,0002,727,0002,493,0002,707,0002,909,0002,955,0002,803,0002,844,0002,114,0005,061,0001,856,0001,843,0001,154,0001,117,0001,183,0001,267,0001,042,0001,045,0001,057,000994,0001,146,0001,105,0001,145,1001,074,0001,369,7001,235,000623,0001,556,744634,0003,187,0004,522,0003,974,0002,200,0004,021,00001,846,648164,400140,000358,400246,694369,600225,000397,800186,109324,100143,603317,10063,20046,900231,65233,60032,50034,700128,739191,842161,296075,2430204,102624,300661,2001,263,200176,140640,200622,270559,05562,428
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
9,829,000
9,807,000
10,770,000
10,401,000
11,234,000
11,970,000
11,694,000
10,565,000
10,927,000
10,668,000
8,889,000
11,077,000
0
13,016,000
13,016,000011,077,0008,889,00010,668,00010,927,00010,565,00011,694,00011,970,00011,234,00010,401,00010,770,0009,807,0009,829,00000000000000000000000000000000000000000000000000000000000000000000000000
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-8,330,000
-9,166,000
-8,580,000
-388,000
-838,000
-393,000
-742,000
-1,014,000
-773,000
-944,000
-863,000
-931,000
-881,000
147,000
143,000
119,000
120,000
101,000
118,000
157,000
159,000
0
151,000
151,0000159,000157,000118,000101,000120,000119,000143,000147,000-881,000-931,000-863,000-944,000-773,000-1,014,000-742,000-393,000-838,000-388,000-8,580,000-9,166,000-8,330,00000000000000000000000000000000000000000000000000000000000000000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,000
-2,000
1,000
0
1,000
1,000
1,000
0
1,000
-1,000
0
0
00-1,0001,00001,0001,0001,00001,000-2,0002,0000000000000000000000000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
632,229
1,121,829
1,203,225
1,137,500
672,742
1,457,100
1,454,800
1,490,800
1,024,636
1,356,645
1,233,222
1,619,743
1,416,447
1,481,341
1,808,874
1,116,000
1,157,700
1,086,000
1,148,729
1,123,500
1,130,700
1,070,200
1,261,000
1,151,800
1,178,402
1,039,700
1,035,000
834,900
908,263
805,900
339,000
576,100
623,755
660,600
3,102,000
3,054,000
2,789,000
3,110,000
5,194,000
5,266,000
4,963,059
4,902,000
6,138,000
5,916,800
6,255,000
6,447,400
5,642,000
5,575,000
5,678,000
5,815,000
5,719,000
5,646,000
5,631,000
5,885,000
5,672,000
5,888,000
6,058,000
5,857,000
6,058,000
6,070,000
5,845,000
5,524,000
5,597,000
5,562,000
5,294,000
5,184,000
5,503,000
5,211,000
5,273,000
5,350,000
4,530,000
4,439,000
4,319,000
4,115,000
4,304,000
4,044,000
3,689,000
3,340,000
3,187,000
3,210,000
3,055,000
3,051,000
4,048,000
0
4,046,000
4,046,00004,048,0003,051,0003,055,0003,210,0003,187,0003,340,0003,689,0004,044,0004,304,0004,115,0004,319,0004,439,0004,530,0005,350,0005,273,0005,211,0005,503,0005,184,0005,294,0005,562,0005,597,0005,524,0005,845,0006,070,0006,058,0005,857,0006,058,0005,888,0005,672,0005,885,0005,631,0005,646,0005,719,0005,815,0005,678,0005,575,0005,642,0006,447,4006,255,0005,916,8006,138,0004,902,0004,963,0595,266,0005,194,0003,110,0002,789,0003,054,0003,102,000660,600623,755576,100339,000805,900908,263834,9001,035,0001,039,7001,178,4021,151,8001,261,0001,070,2001,130,7001,123,5001,148,7291,086,0001,157,7001,116,0001,808,8741,481,3411,416,4471,619,7431,233,2221,356,6451,024,6361,490,8001,454,8001,457,100672,7421,137,5001,203,2251,121,829632,229
   Common Stock
454,701
1,121,829
1,203,225
1,137,500
454,701
1,457,100
1,454,800
1,490,800
89,925
0
89,925
0
164,084
1,481,341
98,223
1,116,000
1,157,700
1,086,000
98,223
1,123,500
1,130,700
1,070,200
103,134
1,151,800
102,985
1,039,700
108,000
834,900
108,288
805,900
113,000
576,100
113,703
660,600
147,000
3,054,000
147,000
3,110,000
147,000
5,266,000
146,702
4,902,000
147,000
5,916,800
147,000
6,447,400
147,000
5,575,000
147,000
5,814,000
147,000
5,646,000
147,000
5,885,000
146,000
5,888,000
148,000
5,857,000
146,000
6,070,000
148,000
5,524,000
147,000
5,562,000
148,000
147,904
146,000
146,453
148,000
147,863
148,000
4,439,000
149,000
4,115,000
147,000
4,044,000
148,000
3,340,000
147,000
3,210,000
148,000
3,051,000
147,000
148,000
148,000
148,000148,000147,0003,051,000148,0003,210,000147,0003,340,000148,0004,044,000147,0004,115,000149,0004,439,000148,000147,863148,000146,453146,000147,904148,0005,562,000147,0005,524,000148,0006,070,000146,0005,857,000148,0005,888,000146,0005,885,000147,0005,646,000147,0005,814,000147,0005,575,000147,0006,447,400147,0005,916,800147,0004,902,000146,7025,266,000147,0003,110,000147,0003,054,000147,000660,600113,703576,100113,000805,900108,288834,900108,0001,039,700102,9851,151,800103,1341,070,2001,130,7001,123,50098,2231,086,0001,157,7001,116,00098,2231,481,341164,084089,925089,9251,490,8001,454,8001,457,100454,7011,137,5001,203,2251,121,829454,701
   Retained Earnings 
49,320
0
0
0
57,565
0
0
0
9,963
0
202,763
0
60,888
0
175,112
0
0
0
53,429
0
0
0
175,310
0
0
0
0
0
0
0
0
0
0
0
965,000
0
576,000
0
2,705,000
0
2,733,226
0
3,607,000
0
3,846,000
0
3,540,000
0
3,839,000
0
3,968,000
0
3,899,000
0
4,093,000
0
4,275,000
0
4,568,000
0
4,720,000
0
4,731,000
0
4,648,000
0
4,625,000
0
4,535,000
0
3,994,000
0
3,915,000
0
3,928,000
0
3,648,000
0
3,397,000
0
3,256,000
0
4,599,000
4,757,000
4,757,000
4,757,0004,757,0004,599,00003,256,00003,397,00003,648,00003,928,00003,915,00003,994,00004,535,00004,625,00004,648,00004,731,00004,720,00004,568,00004,275,00004,093,00003,899,00003,968,00003,839,00003,540,00003,846,00003,607,00002,733,22602,705,0000576,0000965,00000000000000175,31000053,429000175,112060,8880202,76309,96300057,56500049,320
   Capital Surplus 0000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock0000000000000000-139,0000-42,0000-76,0000-41,0000-103,0000-16,0000-34,0000-4,000000000000000000000000-68,4610-68,0000-39,1870000000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-442,000
0
-628,000
5,036,096
-428,000
5,064,547
-473,000
5,202,137
-686,000
0
-753,000
0
-691,000
0
-784,000
1,000
-991,000
0
-823,000
0
-792,000
-487,000
-487,000
-487,000-487,000-792,0000-823,0000-991,0001,000-784,0000-691,0000-753,0000-686,0005,202,137-473,0005,064,547-428,0005,036,096-628,0000-442,00000000000000000000000000000000000000000000000000000000000000000



Balance Sheet

Currency in EUR. All numbers in thousands.




Cash Flow

Currency in EUR. All numbers in thousands.