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ING Groep NV
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Let's analyse Ing together

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Quick analysis of Ing (30 sec.)










1. Valuation of Ing (5 min.)




Current price per share

€11.85

2. Growth of Ing (5 min.)




Is Ing growing?

Current yearPrevious yearGrowGrow %
How rich?$54b$60b-$4.1b-7.5%

How much money is Ing making?

Current yearPrevious yearGrowGrow %
Making money$984.1m$1.2b-$295.1m-30.0%
Net Profit Margin14.1%25.9%--

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

3. Financial Health of Ing (5 min.)




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




  Industry Rankings (Banks-Diversified)  


Richest
#17 / 37

Most Profit
#14 / 37


Fundamentals of Ing

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

1.1. Profitability of ING Groep NV.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Ing earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare Ing to the Banks-Diversified industry mean.
  • A Net Profit Margin of 22.4% means that €0.22 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of ING Groep NV:

  • The MRQ is 22.4%. The company is making a huge profit. +2
  • The TTM is 14.1%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ22.4%TTM14.1%+8.3%
TTM14.1%YOY25.9%-11.9%
TTM14.1%5Y21.4%-7.3%
5Y21.4%10Y20.5%+0.8%
Compared to industry (Banks-Diversified)
PeriodCompanyIndustry (mean)+/- 
MRQ22.4%27.0%-4.6%
TTM14.1%30.3%-16.2%
YOY25.9%32.5%-6.6%
5Y21.4%29.5%-8.1%
10Y20.5%26.2%-5.7%
1.1.2. Return on Assets

Shows how efficient Ing is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Ing to the Banks-Diversified industry mean.
  • 0.1% Return on Assets means that Ing generated €0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of ING Groep NV:

  • The MRQ is 0.1%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.1%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.1%TTM0.1%+0.0%
TTM0.1%YOY0.1%0.0%
TTM0.1%5Y0.1%0.0%
5Y0.1%10Y0.1%+0.0%
Compared to industry (Banks-Diversified)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1%0.3%-0.2%
TTM0.1%0.2%-0.1%
YOY0.1%0.3%-0.2%
5Y0.1%0.2%-0.1%
10Y0.1%0.2%-0.1%
1.1.3. Return on Equity

Shows how efficient Ing is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Ing to the Banks-Diversified industry mean.
  • 2.2% Return on Equity means Ing generated €0.02 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of ING Groep NV:

  • The MRQ is 2.2%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 1.8%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ2.2%TTM1.8%+0.4%
TTM1.8%YOY2.2%-0.4%
TTM1.8%5Y1.9%-0.2%
5Y1.9%10Y1.9%+0.0%
Compared to industry (Banks-Diversified)
PeriodCompanyIndustry (mean)+/- 
MRQ2.2%3.9%-1.7%
TTM1.8%3.6%-1.8%
YOY2.2%4.1%-1.9%
5Y1.9%3.7%-1.8%
10Y1.9%3.4%-1.5%

1.2. Operating Efficiency of ING Groep NV.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Ing is operating .

  • Measures how much profit Ing 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 Ing to the Banks-Diversified industry mean.
  • An Operating Margin of 0.0% means the company generated €0.00  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of ING Groep NV:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.0%
5Y-10Y49.4%-49.4%
Compared to industry (Banks-Diversified)
PeriodCompanyIndustry (mean)+/- 
MRQ-85.3%-85.3%
TTM-72.3%-72.3%
YOY-53.9%-53.9%
5Y-51.2%-51.2%
10Y49.4%44.8%+4.6%
1.2.2. Operating Ratio

Measures how efficient Ing is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Banks-Diversified industry mean).
  • An Operation Ratio of 0.00 means that the operating costs are €0.00 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of ING Groep NV:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y0.223-0.223
5Y0.22310Y0.167+0.057
Compared to industry (Banks-Diversified)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.496-0.496
TTM-0.472-0.472
YOY-0.475-0.475
5Y0.2230.286-0.063
10Y0.1670.358-0.191

1.3. Liquidity of ING Groep NV.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Ing is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Banks-Diversified industry mean).
  • A Current Ratio of 0.00 means the company has €0.00 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of ING Groep NV:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.210-0.210
TTM0.210YOY0.247-0.037
TTM0.2105Y0.213-0.003
5Y0.21310Y0.131+0.082
Compared to industry (Banks-Diversified)
PeriodCompanyIndustry (mean)+/- 
MRQ-2.534-2.534
TTM0.2100.327-0.117
YOY0.2470.413-0.166
5Y0.2130.377-0.164
10Y0.1310.357-0.226
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Ing to the Banks-Diversified industry mean.
  • A Quick Ratio of 0.00 means the company can pay off €0.00 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of ING Groep NV:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.122-0.122
TTM0.122YOY0.190-0.067
TTM0.1225Y0.158-0.036
5Y0.15810Y0.087+0.071
Compared to industry (Banks-Diversified)
PeriodCompanyIndustry (mean)+/- 
MRQ-3.514-3.514
TTM0.1220.086+0.036
YOY0.1900.125+0.065
5Y0.1580.102+0.056
10Y0.0870.091-0.004

1.4. Solvency of ING Groep NV.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Ing assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Ing to Banks-Diversified industry mean.
  • A Debt to Asset Ratio of 0.95 means that Ing assets are financed with 94.8% credit (debt) and the remaining percentage (100% - 94.8%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of ING Groep NV:

  • The MRQ is 0.948. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.948. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.948TTM0.9480.000
TTM0.948YOY0.942+0.006
TTM0.9485Y0.944+0.004
5Y0.94410Y0.944-0.001
Compared to industry (Banks-Diversified)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9480.940+0.008
TTM0.9480.940+0.008
YOY0.9420.936+0.006
5Y0.9440.935+0.009
10Y0.9440.934+0.010
1.4.2. Debt to Equity Ratio

Measures if Ing is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Ing to the Banks-Diversified industry mean.
  • A Debt to Equity ratio of 1,838.2% means that company has €18.38 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of ING Groep NV:

  • The MRQ is 18.382. The company is unable to pay all its debts with equity. -1
  • The TTM is 18.430. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ18.382TTM18.430-0.048
TTM18.430YOY16.658+1.772
TTM18.4305Y17.047+1.383
5Y17.04710Y17.633-0.587
Compared to industry (Banks-Diversified)
PeriodCompanyIndustry (mean)+/- 
MRQ18.38215.591+2.791
TTM18.43015.685+2.745
YOY16.65814.832+1.826
5Y17.04715.310+1.737
10Y17.63314.620+3.013

2. Market Valuation of ING Groep NV

2. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every €1 in earnings Ing generates.

  • Above 15 is considered overpriced but always compare Ing to the Banks-Diversified industry mean.
  • A PE ratio of 37.85 means the investor is paying €37.85 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of ING Groep NV:

  • The EOD is 39.375. Good. +1
  • The MRQ is 37.846. Good. +1
  • The TTM is 46.374. Good. +1
Trends
Current periodCompared to+/- 
EOD39.375MRQ37.846+1.529
MRQ37.846TTM46.374-8.527
TTM46.374YOY38.793+7.581
TTM46.3745Y1,040.848-994.474
5Y1,040.84810Y531.494+509.354
Compared to industry (Banks-Diversified)
PeriodCompanyIndustry (mean)+/- 
EOD39.37515.826+23.549
MRQ37.84615.130+22.716
TTM46.37415.874+30.500
YOY38.79316.965+21.828
5Y1,040.84818.623+1,022.225
10Y531.49421.273+510.221
2.2. Price Earnings to Growth Ratio

Measures the predicted future growth of Ing.

  • Lower is better.
  • A PEG ratio of 1 means the market price of the stock and the expected future earnings are on par.

Let's take a look of the Price Earnings to Growth Ratio trends of ING Groep NV:

  • The MRQ is 32.719. Seems overpriced? -1
  • The TTM is 66.917. Seems overpriced? -1
Trends
Current periodCompared to+/- 
MRQ32.719TTM66.917-34.199
TTM66.917YOY39.198+27.720
TTM66.9175Y684,685.776-684,618.859
5Y684,685.77610Y342,400.905+342,284.871
Compared to industry (Banks-Diversified)
PeriodCompanyIndustry (mean)+/- 
MRQ32.71914.180+18.539
TTM66.91717.095+49.822
YOY39.19816.771+22.427
5Y684,685.77630.798+684,654.978
10Y342,400.90547.166+342,353.739

2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Banks-Diversified industry mean).
  • A PB ratio of 0.82 means the investor is paying €0.82 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of ING Groep NV:

  • The EOD is 0.851. Very good. +2
  • The MRQ is 0.818. Very good. +2
  • The TTM is 0.701. Very good. +2
Trends
Current periodCompared to+/- 
EOD0.851MRQ0.818+0.033
MRQ0.818TTM0.701+0.117
TTM0.701YOY0.801-0.100
TTM0.7015Y0.716-0.015
5Y0.71610Y0.796-0.080
Compared to industry (Banks-Diversified)
PeriodCompanyIndustry (mean)+/- 
EOD0.8510.741+0.110
MRQ0.8180.725+0.093
TTM0.7010.705-0.004
YOY0.8010.703+0.098
5Y0.7160.756-0.040
10Y0.7960.845-0.049
2. Total Gains per Share

2.4. Latest News of ING Groep NV

Does ING Groep NV still have the same value as the quarterly reports suggest? Recent changes may be an indication that the value of the company is changing. Read the news from ING Groep NV to keep up to date. Note: the news is often already included in the price.

DateTitleRead
2023-05-23
08:00
Progress on share buyback programmeRead
2023-05-16
08:00
Progress on share buyback programmeRead
2023-05-11
07:03
ING announces share buyback programme of up to €1.5 billionRead
2023-05-11
06:59
ING posts 1Q2023 net result of €1,591 million with strong income growth and modest risk costsRead

3. Summary

3.1. Key Performance Indicators

The key performance indicators of ING Groep NV compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.101-0.137+235%0.498-80%0.042+143%-0.025+125%
Book Value Growth--0.9690.980-1%1.032-6%1.000-3%1.000-3%
Book Value Per Share--13.92913.9880%14.480-4%13.866+0%13.635+2%
Book Value Per Share Growth--1.0070.991+2%1.040-3%1.004+0%1.001+1%
Current Ratio---0.210-100%0.247-100%0.213-100%0.131-100%
Debt To Asset Ratio--0.9480.9480%0.942+1%0.944+0%0.944+0%
Debt To Equity Ratio--18.38218.4300%16.658+10%17.047+8%17.633+4%
Dividend Per Share----0%-0%0.057-100%0.035-100%
Eps--0.3010.247+22%0.308-2%0.265+14%0.256+17%
Eps Growth--1.1571.297-11%1.121+3%17.799-94%9.559-88%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0030%
Net Profit Margin--0.2240.141+59%0.259-14%0.214+5%0.205+9%
Operating Margin----0%-0%-0%0.494-100%
Operating Ratio----0%-0%0.223-100%0.167-100%
Pb Ratio0.851+4%0.8180.701+17%0.801+2%0.716+14%0.796+3%
Pe Ratio39.375+4%37.84646.374-18%38.793-2%1040.848-96%531.494-93%
Peg Ratio--32.71966.917-51%39.198-17%684685.776-100%342400.905-100%
Price Per Share11.848+4%11.3889.797+16%11.596-2%9.907+15%10.743+6%
Price To Total Gains Ratio117.104+4%112.5582.216+4980%95.721+18%33.300+238%41.292+173%
Profit Growth--1.1121.285-13%1.1160%1.134-2%1.227-9%
Quick Ratio---0.122-100%0.190-100%0.158-100%0.087-100%
Return On Assets--0.0010.001+23%0.001-8%0.001+4%0.001+8%
Return On Equity--0.0220.018+22%0.022+1%0.019+12%0.019+13%
Total Gains Per Share--0.101-0.137+235%0.498-80%0.099+2%0.009+1000%
Usd Book Value--54015386500.00055870420875.000-3%60065879125.000-10%57142612825.000-5%56354015612.500-4%
Usd Book Value Change Per Share--0.108-0.146+235%0.533-80%0.045+143%-0.027+125%
Usd Book Value Per Share--14.92514.9880%15.515-4%14.857+0%14.610+2%
Usd Dividend Per Share----0%-0%0.061-100%0.037-100%
Usd Eps--0.3220.265+22%0.330-2%0.284+14%0.274+17%
Usd Free Cash Flow----0%-0%5014459275.000-100%3093018687.500-100%
Usd Price Per Share12.695+4%12.20210.497+16%12.425-2%10.615+15%11.511+6%
Usd Profit--1166863500.000984172750.000+19%1279371000.000-9%1093787200.000+7%1060142100.000+10%
Usd Revenue--5216062000.0003821504750.000+36%4947919125.000+5%4627647775.000+13%5297281700.000-2%
Usd Total Gains Per Share--0.108-0.146+235%0.533-80%0.106+2%0.010+1000%
 EOD+2 -3MRQTTM+18 -10YOY+7 -215Y+19 -1310Y+18 -16

3.2. Fundamental Score

Let's check the fundamental score of ING Groep NV based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1539.375
Price to Book Ratio (EOD)Between0-10.851
Net Profit Margin (MRQ)Greater than00.224
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.000
Current Ratio (MRQ)Greater than10.000
Debt to Asset Ratio (MRQ)Less than10.948
Debt to Equity Ratio (MRQ)Less than118.382
Return on Equity (MRQ)Greater than0.150.022
Return on Assets (MRQ)Greater than0.050.001
Total3/10 (30.0%)

3.3. Technical Score

Let's check the technical score of ING Groep NV based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose12.026
Total1/1 (100.0%)



Latest Balance Sheet

Balance Sheet of 2022-12-31. Currency in EUR. All numbers in thousands.

Summary
Total Assets967,817,000
Total Liabilities917,406,000
Total Stockholder Equity49,907,000
 As reported
Total Liabilities 917,406,000
Total Stockholder Equity+ 49,907,000
Total Assets = 967,817,000

Assets

Total Assets967,817,000
Total Current Assets-
Long-term Assets-
Total Current Assets
Cash And Cash Equivalents 87,251,000
Short-term Investments 30,982,000
Total Current Assets  (as reported)0
Total Current Assets  (calculated)118,233,000
+/- 118,233,000
Long-term Assets
Goodwill 464,000
Long Term Investments 103,029,000
Intangible Assets 637,000
Long-term Assets  (as reported)0
Long-term Assets  (calculated)104,130,000
+/- 104,130,000

Liabilities & Shareholders' Equity

Total Current Liabilities-
Long-term Liabilities-
Total Stockholder Equity49,907,000
Total Current Liabilities
Total Current Liabilities  (as reported)0
Total Current Liabilities  (calculated)0
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Retained Earnings 34,944,000
Total Stockholder Equity (as reported)49,907,000
Total Stockholder Equity (calculated)34,944,000
+/- 14,963,000
Other
Capital Stock37,000
Common Stock Shares Outstanding 3,619,145
Net Debt 31,072,000
Net Invested Capital 168,230,000



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-312004-12-312004-09-302004-06-302004-03-312003-12-312003-09-302003-06-302003-03-312002-12-312002-09-302002-06-302002-03-312001-12-312001-09-302001-06-302001-03-312000-12-312000-09-302000-06-302000-03-311999-12-311999-09-301999-06-301999-03-311998-12-311998-09-301998-06-301998-03-311997-12-311997-09-301997-06-301997-03-31
> Total Assets 
242,598,998
256,575,709
266,576,338
278,392,358
409,111,905
407,654,159
399,865,905
392,703,477
423,968,216
444,759,280
449,825,722
494,260,463
552,891,078
557,327,332
612,837,324
651,974,374
715,126,281
706,070,600
742,429,395
706,347,089
748,014,359
716,270,388
720,688,856
717,017,487
730,870,142
727,217,363
784,170,979
777,411,746
828,925,632
870,746,325
865,288,834
865,561,254
1,036,140,033
1,104,839,128
1,134,482,000
1,157,759,243
1,200,075,221
1,221,770,859
1,219,484,718
1,226,307,000
1,281,822,916
1,319,333,143
1,306,377,536
1,312,510,000
1,302,538,948
1,369,946,000
1,374,252,472
1,331,663,000
1,271,836,000
1,184,337,000
1,187,915,000
1,159,972,000
1,236,218,000
1,267,385,000
1,260,698,000
1,242,844,000
1,229,235,000
1,237,315,000
1,282,296,000
1,273,580,000
1,241,729,000
1,231,121,000
1,248,096,000
1,162,128,000
1,180,720,000
1,143,598,000
1,131,175,000
1,076,602,000
948,448,000
970,517,000
990,987,000
987,706,000
1,053,383,000
864,920,000
862,039,000
841,769,000
868,897,000
885,659,000
870,542,000
845,081,000
884,815,000
862,051,000
861,701,000
846,216,000
887,020,000
905,984,000
901,585,000
887,030,000
904,935,000
913,390,000
922,391,000
891,744,000
944,685,000
984,842,000
956,481,000
937,379,000
980,870,000
978,246,000
988,751,000
951,290,000
1,007,922,000
1,020,064,000
0
967,817,000
967,817,00001,020,064,0001,007,922,000951,290,000988,751,000978,246,000980,870,000937,379,000956,481,000984,842,000944,685,000891,744,000922,391,000913,390,000904,935,000887,030,000901,585,000905,984,000887,020,000846,216,000861,701,000862,051,000884,815,000845,081,000870,542,000885,659,000868,897,000841,769,000862,039,000864,920,0001,053,383,000987,706,000990,987,000970,517,000948,448,0001,076,602,0001,131,175,0001,143,598,0001,180,720,0001,162,128,0001,248,096,0001,231,121,0001,241,729,0001,273,580,0001,282,296,0001,237,315,0001,229,235,0001,242,844,0001,260,698,0001,267,385,0001,236,218,0001,159,972,0001,187,915,0001,184,337,0001,271,836,0001,331,663,0001,374,252,4721,369,946,0001,302,538,9481,312,510,0001,306,377,5361,319,333,1431,281,822,9161,226,307,0001,219,484,7181,221,770,8591,200,075,2211,157,759,2431,134,482,0001,104,839,1281,036,140,033865,561,254865,288,834870,746,325828,925,632777,411,746784,170,979727,217,363730,870,142717,017,487720,688,856716,270,388748,014,359706,347,089742,429,395706,070,600715,126,281651,974,374612,837,324557,327,332552,891,078494,260,463449,825,722444,759,280423,968,216392,703,477399,865,905407,654,159409,111,905278,392,358266,576,338256,575,709242,598,998
   > 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
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
172,154,000
168,969,000
156,686,000
158,887,000
100,938,000
116,337,000
105,409,000
182,213,000
106,248,000
113,708,000
116,952,000
161,294,000
128,305,000
184,263,000
166,425,000
224,332,000
166,116,000
181,405,000
187,017,000
214,681,000
188,851,000
260,154,000
209,799,000
0
0209,799,000260,154,000188,851,000214,681,000187,017,000181,405,000166,116,000224,332,000166,425,000184,263,000128,305,000161,294,000116,952,000113,708,000106,248,000182,213,000105,409,000116,337,000100,938,000158,887,000156,686,000168,969,000172,154,00000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Cash And Cash Equivalents 
1,862,416
1,682,743
2,379,250
2,411,452
1,936,222
2,087,348
1,924,658
2,324,692
4,470,988
7,917,482
5,254,403
4,992,801
8,167,418
6,339,803
6,685,193
44,254,853
6,924,642
5,127,623
5,212,977
9,280,125
9,483,582
10,595,472
8,765,585
57,154,376
9,513,109
8,648,514
7,949,696
72,671,214
72,364,359
81,370,760
64,790,370
66,058,506
72,581,534
68,103,710
72,504,000
13,073,296
67,250,690
71,908,418
64,460,644
14,326,000
73,004,063
69,387,495
64,884,995
12,406,000
67,217,551
82,996,000
20,723,451
22,045,000
19,696,000
20,794,000
14,316,000
15,390,000
17,957,000
13,365,000
72,450,000
13,072,000
71,736,000
12,091,000
25,077,000
31,194,000
97,028,000
63,576,000
73,155,000
17,657,000
12,816,000
18,699,000
21,783,000
15,731,000
21,253,000
15,010,000
55,148,000
12,233,000
59,512,000
61,222,000
69,701,000
21,458,000
29,972,000
55,145,000
24,331,000
19,671,000
40,466,000
17,894,000
20,667,000
24,452,000
32,879,000
38,276,000
40,290,000
53,230,000
45,631,000
52,171,000
54,936,000
55,005,000
63,819,000
118,971,000
111,081,000
112,230,000
112,703,000
121,331,000
127,781,000
108,007,000
131,374,000
126,030,000
0
87,251,000
87,251,0000126,030,000131,374,000108,007,000127,781,000121,331,000112,703,000112,230,000111,081,000118,971,00063,819,00055,005,00054,936,00052,171,00045,631,00053,230,00040,290,00038,276,00032,879,00024,452,00020,667,00017,894,00040,466,00019,671,00024,331,00055,145,00029,972,00021,458,00069,701,00061,222,00059,512,00012,233,00055,148,00015,010,00021,253,00015,731,00021,783,00018,699,00012,816,00017,657,00073,155,00063,576,00097,028,00031,194,00025,077,00012,091,00071,736,00013,072,00072,450,00013,365,00017,957,00015,390,00014,316,00020,794,00019,696,00022,045,00020,723,45182,996,00067,217,55112,406,00064,884,99569,387,49573,004,06314,326,00064,460,64471,908,41867,250,69013,073,29672,504,00068,103,71072,581,53466,058,50664,790,37081,370,76072,364,35972,671,2147,949,6968,648,5149,513,10957,154,3768,765,58510,595,4729,483,5829,280,1255,212,9775,127,6236,924,64244,254,8536,685,1936,339,8038,167,4184,992,8015,254,4037,917,4824,470,9882,324,6921,924,6582,087,3481,936,2222,411,4522,379,2501,682,7431,862,416
       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
107,000
0
0
0
26,351,000
0
0
0
26,079,000
0
0
0
30,904,000
0
0
0
27,781,000
0
0
0
25,016,000
0
0
0
24,776,000
0
0
0
29,031,000
0
0
0
11,435,000
0
0
92,639,000
12,365,000
90,026,000
85,896,000
86,724,000
10,603,000
0
88,545,000
0
14,816,000
0
73,135,000
0
9,737,000
0
28,635,000
0
28,844,000
31,210,000
29,327,000
33,135,000
32,789,000
36,082,000
37,648,000
36,065,000
34,839,000
32,775,000
32,127,000
29,847,000
29,797,000
29,007,000
29,941,000
0
30,982,000
30,982,000029,941,00029,007,00029,797,00029,847,00032,127,00032,775,00034,839,00036,065,00037,648,00036,082,00032,789,00033,135,00029,327,00031,210,00028,844,000028,635,00009,737,000073,135,000014,816,000088,545,000010,603,00086,724,00085,896,00090,026,00012,365,00092,639,0000011,435,00000029,031,00000024,776,00000025,016,00000027,781,00000030,904,00000026,079,00000026,351,000000107,00000000000000000000000000000000000000
       Net Receivables 
0
0
0
8,887,537
0
0
0
9,096,774
0
0
0
11,264,610
0
0
0
23,639,357
0
0
0
21,041,843
0
21,949,920
0
20,275,390
0
0
0
18,279,365
0
0
0
16,883,282
0
0
7,339,000
21,226,798
0
0
0
21,029,000
0
0
0
23,555,000
0
5,684,000
0
26,373,000
62,740,000
51,355,000
56,749,000
23,764,000
67,561,000
62,503,000
5,759,000
21,810,000
5,544,000
0
0
19,100,000
5,632,000
5,679,000
5,461,000
16,219,000
0
0
0
0
0
0
0
7,692,000
7,418,000
7,225,000
6,962,000
7,267,000
0
7,080,000
0
6,874,000
0
6,090,000
0
5,670,000
0
401,000
0
1,036,000
0
392,000
0
1,058,000
0
515,000
0
1,182,000
0
679,000
0
1,352,000
0
842,000
0
0
00842,00001,352,0000679,00001,182,0000515,00001,058,0000392,00001,036,0000401,00005,670,00006,090,00006,874,00007,080,00007,267,0006,962,0007,225,0007,418,0007,692,000000000016,219,0005,461,0005,679,0005,632,00019,100,000005,544,00021,810,0005,759,00062,503,00067,561,00023,764,00056,749,00051,355,00062,740,00026,373,00005,684,000023,555,00000021,029,00000021,226,7987,339,0000016,883,28200018,279,36500020,275,390021,949,920021,041,84300023,639,35700011,264,6100009,096,7740008,887,537000
       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
11,710,000
0
27,727,000
0
6,520,000
0
53,340,000
1,218,000
1,154,000
0
54,894,000
0
0
0
112,305,000
518,000
1,278,000
1,370,000
108,144,000
0
0
0
0
0000108,144,0001,370,0001,278,000518,000112,305,00000054,894,00001,154,0001,218,00053,340,00006,520,000027,727,000011,710,000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   > Long-term Assets 00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Property Plant Equipment 
829,053
836,578
851,826
2,418,179
1,443,183
1,438,712
1,443,197
9,602,145
1,753,839
1,803,335
1,821,925
3,587,582
1,947,164
1,942,149
1,952,163
2,134,804
2,110,726
1,946,096
2,137,222
2,035,401
1,964,178
1,877,309
1,408,610
1,416,113
1,353,655
1,269,770
1,286,775
1,308,561
1,284,046
1,251,076
1,250,500
1,251,105
5,617,553
5,683,224
5,847,000
5,752,284
5,820,446
5,824,892
6,165,787
6,031,000
5,861,225
6,224,876
6,121,927
6,237,000
6,114,083
6,318,000
6,353,641
6,396,000
6,386,000
6,368,000
6,179,000
6,119,000
6,099,000
6,160,000
6,115,000
6,132,000
6,159,000
2,920,000
2,874,000
2,886,000
2,840,000
2,746,000
2,689,000
2,674,000
2,689,000
2,627,000
2,466,000
2,446,000
2,368,000
2,275,000
2,111,000
2,100,000
2,088,000
2,021,000
2,007,000
2,027,000
1,999,000
1,972,000
1,987,000
2,002,000
1,990,000
1,938,000
1,885,000
1,801,000
1,786,000
1,775,000
1,772,000
1,659,000
2,920,000
2,825,000
3,100,000
3,172,000
3,119,000
3,086,000
2,987,000
2,841,000
2,724,000
2,631,000
2,555,000
2,515,000
2,540,000
2,562,000
2,500,000
0
02,500,0002,562,0002,540,0002,515,0002,555,0002,631,0002,724,0002,841,0002,987,0003,086,0003,119,0003,172,0003,100,0002,825,0002,920,0001,659,0001,772,0001,775,0001,786,0001,801,0001,885,0001,938,0001,990,0002,002,0001,987,0001,972,0001,999,0002,027,0002,007,0002,021,0002,088,0002,100,0002,111,0002,275,0002,368,0002,446,0002,466,0002,627,0002,689,0002,674,0002,689,0002,746,0002,840,0002,886,0002,874,0002,920,0006,159,0006,132,0006,115,0006,160,0006,099,0006,119,0006,179,0006,368,0006,386,0006,396,0006,353,6416,318,0006,114,0836,237,0006,121,9276,224,8765,861,2256,031,0006,165,7875,824,8925,820,4465,752,2845,847,0005,683,2245,617,5531,251,1051,250,5001,251,0761,284,0461,308,5611,286,7751,269,7701,353,6551,416,1131,408,6101,877,3091,964,1782,035,4012,137,2221,946,0962,110,7262,134,8041,952,1631,942,1491,947,1643,587,5821,821,9251,803,3351,753,8399,602,1451,443,1971,438,7121,443,1832,418,179851,826836,578829,053
       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
173,000
0
0
0
305,000
0
0
0
2,245,000
0
0
0
3,070,000
5,079,000
4,897,000
4,570,000
3,071,000
0
4,868,000
3,885,000
2,765,000
3,915,000
3,001,000
2,773,000
1,794,000
0
1,391,000
1,886,000
1,966,000
0
1,984,000
1,204,000
1,157,000
0
1,165,000
1,051,000
1,061,000
1,064,000
1,024,000
955,000
985,000
0
980,000
0
903,000
0
868,000
0
816,000
0
958,000
0
918,000
0
0
0
907,000
0
562,000
0
533,000
0
0
0
472,000
0
464,000
0
464,000
464,0000464,0000472,000000533,0000562,0000907,000000918,0000958,0000816,0000868,0000903,0000980,0000985,000955,0001,024,0001,064,0001,061,0001,051,0001,165,00001,157,0001,204,0001,984,00001,966,0001,886,0001,391,00001,794,0002,773,0003,001,0003,915,0002,765,0003,885,0004,868,00003,071,0004,570,0004,897,0005,079,0003,070,0000002,245,000000305,000000173,00000000000000000000000000000000000000
       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
93,338,000
89,681,000
85,326,000
81,904,000
167,530,000
163,626,000
150,555,000
80,751,000
200,171,000
195,113,000
199,397,000
176,296,000
202,437,000
202,963,000
197,677,000
142,816,000
202,330,000
202,345,000
204,076,000
180,123,000
205,241,000
215,723,000
0
103,029,000
103,029,0000215,723,000205,241,000180,123,000204,076,000202,345,000202,330,000142,816,000197,677,000202,963,000202,437,000176,296,000199,397,000195,113,000200,171,00080,751,000150,555,000163,626,000167,530,00081,904,00085,326,00089,681,00093,338,00000000000000000000000000000000000000000000000000000000000000000000000000000000000
       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
3,661,000
0
3,668,000
3,613,000
3,217,000
0
0
0
3,495,000
0
6,086,000
0
3,845,000
6,822,000
6,594,000
6,056,000
2,950,000
6,186,000
6,295,000
5,203,000
2,607,000
5,104,000
3,975,000
3,728,000
1,764,000
3,550,000
1,538,000
2,707,000
673,000
2,691,000
2,748,000
1,879,000
1,841,000
1,816,000
1,835,000
1,655,000
594,000
587,000
589,000
591,000
582,000
1,531,000
620,000
1,623,000
581,000
1,477,000
623,000
1,495,000
653,000
1,742,000
827,000
1,751,000
921,000
1,859,000
1,917,000
1,939,000
1,010,000
1,917,000
1,025,000
0
860,000
0
0
0
684,000
0
656,000
0
637,000
637,0000656,0000684,000000860,00001,025,0001,917,0001,010,0001,939,0001,917,0001,859,000921,0001,751,000827,0001,742,000653,0001,495,000623,0001,477,000581,0001,623,000620,0001,531,000582,000591,000589,000587,000594,0001,655,0001,835,0001,816,0001,841,0001,879,0002,748,0002,691,000673,0002,707,0001,538,0003,550,0001,764,0003,728,0003,975,0005,104,0002,607,0005,203,0006,295,0006,186,0002,950,0006,056,0006,594,0006,822,0003,845,00006,086,00003,495,0000003,217,0003,613,0003,668,00003,661,00000000000000000000000000000000000000
       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
196,192,000
202,332,000
176,763,000
204,684,000
201,188,000
0
0
0
0
0
0
0
0
0
0
0000000000201,188,000204,684,000176,763,000202,332,000196,192,00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
> Total Liabilities 
224,078,545
235,809,331
244,145,410
257,513,106
380,784,458
378,269,175
375,421,504
363,171,939
393,125,550
411,677,205
416,116,360
458,129,240
517,819,102
521,131,983
579,245,844
622,913,360
686,007,623
677,592,174
716,428,175
680,786,004
721,145,741
692,558,919
700,212,871
694,637,939
709,396,546
705,383,582
760,771,405
752,611,013
401,371,552
420,779,601
837,473,856
836,222,245
1,003,123,600
1,067,643,370
1,097,052,000
1,119,362,557
1,161,656,156
1,186,722,901
1,180,728,905
1,185,092,000
1,239,565,955
1,278,844,853
1,265,212,204
1,272,979,000
1,268,950,118
1,339,981,000
1,348,647,825
1,302,735,000
1,241,329,000
1,153,657,000
1,150,333,000
1,122,936,000
1,191,986,000
1,223,640,000
1,212,226,000
1,198,745,000
1,183,426,000
1,195,747,000
1,234,020,000
1,227,351,000
1,190,282,000
1,181,248,000
1,191,199,000
1,109,286,000
1,122,899,000
1,087,582,000
1,075,425,000
1,026,749,000
901,760,000
920,757,000
935,831,000
933,025,000
987,411,000
817,577,000
815,398,000
793,299,000
819,417,000
835,954,000
820,453,000
794,682,000
833,419,000
811,692,000
811,249,000
795,095,000
836,121,000
855,265,000
851,848,000
835,295,000
851,312,000
859,931,000
867,981,000
837,081,000
889,394,000
929,514,000
901,250,000
888,683,000
924,888,000
921,037,000
932,367,000
896,634,000
953,846,000
968,023,000
0
917,406,000
917,406,0000968,023,000953,846,000896,634,000932,367,000921,037,000924,888,000888,683,000901,250,000929,514,000889,394,000837,081,000867,981,000859,931,000851,312,000835,295,000851,848,000855,265,000836,121,000795,095,000811,249,000811,692,000833,419,000794,682,000820,453,000835,954,000819,417,000793,299,000815,398,000817,577,000987,411,000933,025,000935,831,000920,757,000901,760,0001,026,749,0001,075,425,0001,087,582,0001,122,899,0001,109,286,0001,191,199,0001,181,248,0001,190,282,0001,227,351,0001,234,020,0001,195,747,0001,183,426,0001,198,745,0001,212,226,0001,223,640,0001,191,986,0001,122,936,0001,150,333,0001,153,657,0001,241,329,0001,302,735,0001,348,647,8251,339,981,0001,268,950,1181,272,979,0001,265,212,2041,278,844,8531,239,565,9551,185,092,0001,180,728,9051,186,722,9011,161,656,1561,119,362,5571,097,052,0001,067,643,3701,003,123,600836,222,245837,473,856420,779,601401,371,552752,611,013760,771,405705,383,582709,396,546694,637,939700,212,871692,558,919721,145,741680,786,004716,428,175677,592,174686,007,623622,913,360579,245,844521,131,983517,819,102458,129,240416,116,360411,677,205393,125,550363,171,939375,421,504378,269,175380,784,458257,513,106244,145,410235,809,331224,078,545
   > Total Current Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
671,319,000
668,799,000
671,011,000
702,721,000
630,136,000
642,872,000
639,285,000
732,846,000
636,108,000
693,846,000
647,846,000
731,623,000
679,969,000
781,514,000
718,331,000
791,900,000
745,881,000
741,030,000
740,465,000
806,103,000
755,900,000
782,631,000
816,867,000
0
0816,867,000782,631,000755,900,000806,103,000740,465,000741,030,000745,881,000791,900,000718,331,000781,514,000679,969,000731,623,000647,846,000693,846,000636,108,000732,846,000639,285,000642,872,000630,136,000702,721,000671,011,000668,799,000671,319,00000000000000000000000000000000000000000000000000000000000000000000000000000000000
       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
6,627,906
0
0
0
8,854,229
0
0
0
10,015,481
4,176,522
4,885,376
0
32,227,313
0
0
0
29,639,317
28,917,621
0
0
27,100,781
6,974,588
0
126,260,699
73,749,813
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
144,586,000
118,247,000
110,544,000
44,387,000
190,932,000
135,365,000
0
55,310,000
0
48,184,000
0
51,809,000
0
0
0
0
0
0
0
0
0
0
0
0
00000000000051,809,000048,184,000055,310,0000135,365,000190,932,00044,387,000110,544,000118,247,000144,586,0000000000000000000000000000000000073,749,813126,260,69906,974,58827,100,7810028,917,62129,639,31700032,227,31304,885,3764,176,52210,015,4810008,854,2290006,627,90600000000000000000000000
       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
144,586,000
118,247,000
110,544,000
44,387,000
190,932,000
135,365,000
0
55,310,000
0
48,184,000
0
51,809,000
0
0
0
0
0
0
0
0
0
0
0
0
00000000000051,809,000048,184,000055,310,0000135,365,000190,932,00044,387,000110,544,000118,247,000144,586,00000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Accounts payable 
0
0
0
4,102,723
0
0
0
0
0
0
0
8,429,327
0
0
0
10,833,730
0
0
0
9,675,000
0
0
0
7,317,857
0
0
0
6,239,488
0
0
0
6,497,485
0
0
124,510,000
10,690,653
0
0
0
10,794,000
0
0
0
13,720,000
0
161,299,000
0
17,641,000
0
0
0
16,989,000
0
0
78,869,000
13,331,000
79,341,000
0
0
11,770,000
69,317,000
58,874,000
51,367,000
10,619,000
0
0
0
0
0
0
0
5,742,000
5,340,000
4,853,000
4,727,000
5,156,000
0
4,159,000
0
4,394,000
572,919,000
3,394,000
577,121,000
3,606,000
587,416,000
108,000
591,491,000
61,000
599,087,000
609,219,000
612,419,000
609,181,000
632,101,000
684,282,000
683,793,000
687,740,000
713,328,000
709,727,000
711,281,000
702,388,000
718,612,000
732,589,000
756,122,000
0
0756,122,000732,589,000718,612,000702,388,000711,281,000709,727,000713,328,000687,740,000683,793,000684,282,000632,101,000609,181,000612,419,000609,219,000599,087,00061,000591,491,000108,000587,416,0003,606,000577,121,0003,394,000572,919,0004,394,00004,159,00005,156,0004,727,0004,853,0005,340,0005,742,000000000010,619,00051,367,00058,874,00069,317,00011,770,0000079,341,00013,331,00078,869,0000016,989,00000017,641,0000161,299,000013,720,00000010,794,00000010,690,653124,510,000006,497,4850006,239,4880007,317,8570009,675,00000010,833,7300008,429,32700000004,102,723000
       Other Current Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
95,330,000
89,248,000
91,450,000
48,881,000
40,446,000
43,436,000
45,269,000
10,703,000
34,288,000
34,062,000
32,315,000
7,416,000
0
36,132,000
32,089,000
7,453,000
0
2,533,000
2,053,000
9,276,000
34,627,000
45,541,000
55,221,000
0
055,221,00045,541,00034,627,0009,276,0002,053,0002,533,00007,453,00032,089,00036,132,00007,416,00032,315,00034,062,00034,288,00010,703,00045,269,00043,436,00040,446,00048,881,00091,450,00089,248,00095,330,00000000000000000000000000000000000000000000000000000000000000000000000000000000000
   > Long-term Liabilities 
490,259
483,269
483,949
36,975,508
476,604
478,053
479,595
35,979,950
484,907
483,916
484,475
85,450,039
485,483
487,112
485,206
123,263,885
128,048,805
113,585,434
129,445,175
135,180,523
113,687,104
591,881
103,195,117
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000000000000000000000000000000000000000000000000000000000000000000000103,195,117591,881113,687,104135,180,523129,445,175113,585,434128,048,805123,263,885485,206487,112485,48385,450,039484,475483,916484,90735,979,950479,595478,053476,60436,975,508483,949483,269490,259
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
86,229,000
135,928,000
84,814,000
141,452,000
79,170,000
0
0
0
0
0
0
0
0
0
0
000000000079,170,000141,452,00084,814,000135,928,00086,229,00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
128,534,000
0
0
0
118,169,000
0
0
0
106,798,000
0
0
0
143,253,000
75,814,000
74,528,000
75,258,000
118,442,000
130,146,000
135,364,000
141,583,000
251,013,000
174,928,000
184,177,000
188,437,000
296,089,000
479,675,000
496,085,000
482,365,000
466,614,000
479,141,000
513,042,000
478,105,000
478,024,000
446,882,000
429,148,000
441,683,000
405,048,000
442,010,000
464,433,000
462,739,000
434,218,000
420,623,000
474,297,000
516,356,000
506,779,000
456,050,000
462,883,000
507,919,000
433,748,000
445,596,000
420,695,000
406,319,000
363,531,000
235,844,000
240,311,000
260,364,000
262,838,000
304,035,000
124,338,000
128,744,000
108,800,000
141,687,000
152,257,000
141,052,000
108,022,000
118,984,000
123,926,000
126,024,000
96,897,000
60,047,000
14,948,000
17,254,000
15,211,000
17,978,000
17,642,000
18,663,000
12,111,000
18,151,000
15,946,000
14,264,000
11,211,000
15,043,000
15,005,000
17,815,000
12,683,000
20,368,000
18,576,000
18,475,000
0
018,475,00018,576,00020,368,00012,683,00017,815,00015,005,00015,043,00011,211,00014,264,00015,946,00018,151,00012,111,00018,663,00017,642,00017,978,00015,211,00017,254,00014,948,00060,047,00096,897,000126,024,000123,926,000118,984,000108,022,000141,052,000152,257,000141,687,000108,800,000128,744,000124,338,000304,035,000262,838,000260,364,000240,311,000235,844,000363,531,000406,319,000420,695,000445,596,000433,748,000507,919,000462,883,000456,050,000506,779,000516,356,000474,297,000420,623,000434,218,000462,739,000464,433,000442,010,000405,048,000441,683,000429,148,000446,882,000478,024,000478,105,000513,042,000479,141,000466,614,000482,365,000496,085,000479,675,000296,089,000188,437,000184,177,000174,928,000251,013,000141,583,000135,364,000130,146,000118,442,00075,258,00074,528,00075,814,000143,253,000000106,798,000000118,169,000000128,534,000000000000000000
> Total Stockholder Equity
18,520,453
20,766,378
22,430,928
20,879,252
28,327,447
29,384,984
24,444,401
29,531,538
30,842,666
33,082,075
33,709,362
36,131,223
35,071,976
36,195,349
33,591,479
29,061,014
29,118,657
28,478,426
26,001,220
25,561,085
26,868,619
23,711,470
20,475,985
20,418,335
19,554,316
20,205,938
21,544,903
23,073,718
26,296,161
27,139,164
26,052,215
27,128,920
31,559,201
35,533,986
37,430,000
38,396,686
36,640,344
33,237,805
36,906,470
38,266,000
40,319,687
38,378,363
38,988,740
37,208,000
31,588,583
28,060,000
23,696,001
17,334,000
29,370,000
29,605,000
36,515,000
31,121,000
43,235,000
42,734,000
47,475,000
38,370,000
45,067,000
40,736,000
47,528,000
42,452,000
50,616,000
48,946,000
55,877,000
49,511,000
56,688,000
52,131,000
51,804,000
43,940,000
46,063,000
49,144,000
47,166,000
46,634,000
53,503,000
46,767,000
46,022,000
47,832,000
48,810,000
49,086,000
49,444,000
49,793,000
50,741,000
49,685,000
49,770,000
50,406,000
50,164,000
49,985,000
48,997,000
50,932,000
52,788,000
52,597,000
53,511,000
53,770,000
54,335,000
54,306,000
54,206,000
47,674,000
55,041,000
56,222,000
55,439,000
53,920,000
53,475,000
51,628,000
0
49,907,000
49,907,000051,628,00053,475,00053,920,00055,439,00056,222,00055,041,00047,674,00054,206,00054,306,00054,335,00053,770,00053,511,00052,597,00052,788,00050,932,00048,997,00049,985,00050,164,00050,406,00049,770,00049,685,00050,741,00049,793,00049,444,00049,086,00048,810,00047,832,00046,022,00046,767,00053,503,00046,634,00047,166,00049,144,00046,063,00043,940,00051,804,00052,131,00056,688,00049,511,00055,877,00048,946,00050,616,00042,452,00047,528,00040,736,00045,067,00038,370,00047,475,00042,734,00043,235,00031,121,00036,515,00029,605,00029,370,00017,334,00023,696,00128,060,00031,588,58337,208,00038,988,74038,378,36340,319,68738,266,00036,906,47033,237,80536,640,34438,396,68637,430,00035,533,98631,559,20127,128,92026,052,21527,139,16426,296,16123,073,71821,544,90320,205,93819,554,31620,418,33520,475,98523,711,47026,868,61925,561,08526,001,22028,478,42629,118,65729,061,01433,591,47936,195,34935,071,97636,131,22333,709,36233,082,07530,842,66629,531,53824,444,40129,384,98428,327,44720,879,25222,430,92820,766,37818,520,453
   Common Stock
0
0
0
0
0
0
0
0
0
0
0
539,628
0
0
0
473,000
0
0
0
479,000
0
0
0
479,000
0
0
0
0
0
0
0
530,000
0
0
35,363,000
530,000
0
8,880,162
0
530,000
8,882,413
38,166,000
38,859,000
534,000
31,584,000
28,060,000
23,723,000
495,000
10,495,000
495,000
495,000
919,000
5,919,000
919,000
919,000
919,000
919,000
919,000
919,000
919,000
0
919,000
919,000
919,000
0
3,171,000
921,000
921,000
0
925,000
1,608,000
925,000
926,000
928,000
928,000
928,000
0
931,000
0
39,000
0
39,000
0
39,000
39,000
39,000
39,000
39,000
17,115,000
39,000
17,116,000
39,000
17,127,000
39,000
17,128,000
525,000
55,041,000
39,000
55,439,000
39,000
53,475,000
39,000
51,292,000
0
051,292,00039,00053,475,00039,00055,439,00039,00055,041,000525,00017,128,00039,00017,127,00039,00017,116,00039,00017,115,00039,00039,00039,00039,00039,000039,000039,0000931,0000928,000928,000928,000926,000925,0001,608,000925,0000921,000921,0003,171,0000919,000919,000919,0000919,000919,000919,000919,000919,000919,000919,0005,919,000919,000495,000495,00010,495,000495,00023,723,00028,060,00031,584,000534,00038,859,00038,166,0008,882,413530,00008,880,1620530,00035,363,00000530,0000000000479,000000479,000000473,000000539,62800000000000
   Retained Earnings Total Equity00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
822,413
17,495,004
903,874
540,446
-687,630
1,604,652
1,663,455
-2,063,526
-537,769
1,731,089
2,212,666
0
1,391,423
-2,379,329
6,559,753
9,893,626
29,388,000
31,222,438
38,163,381
38,869,610
27,935,000
31,567,687
0
23,696,001
7,657,000
0
0
0
14,168,000
0
0
0
21,417,000
0
0
0
25,499,000
0
28,993,000
0
32,558,000
0
0
0
0
0
0
0
29,663,000
36,527,000
29,786,000
29,040,000
30,850,000
0
4,293,000
0
5,905,000
0
4,973,000
0
4,377,000
0
3,516,000
0
3,596,000
1,045,000
4,192,000
1,470,000
4,000,000
692,000
3,600,000
-616,000
2,334,000
0
1,869,000
0
1,070,000
0
564,000
0
0
00564,00001,070,00001,869,00002,334,000-616,0003,600,000692,0004,000,0001,470,0004,192,0001,045,0003,596,00003,516,00004,377,00004,973,00005,905,00004,293,000030,850,00029,040,00029,786,00036,527,00029,663,000000000032,558,000028,993,000025,499,00000021,417,00000014,168,0000007,657,00023,696,001031,567,68727,935,00038,869,61038,163,38131,222,43829,388,0009,893,6266,559,753-2,379,3291,391,42302,212,6661,731,089-537,769-2,063,5261,663,4551,604,652-687,630540,446903,87417,495,004822,41300000000000000000000000
   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
0
0
17,077,000
0
17,078,000
0
17,089,000
0
0
0
0
0
0
0
0
0
0
000000000017,089,000017,078,000017,077,00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock0000000000-3,000-6,000-10,000-5,000-8,0000-11,000-11,000-20,000-13,000-15,000-10,000-10,000-12,000-8,000-9,000-11,000-11,000-18,000000-46,00000-64,000-32,00000-267,000-410,00000-547,000-665,000000-715,00000-736,000-737,000000-866,000000-3,740,000000-1,436,000000-868,00000000000000000000000000000000000000
   Other Stockholders Equity 
18,520,453
20,766,378
22,430,928
20,879,252
28,327,447
29,384,984
24,444,401
29,531,538
30,842,666
33,082,075
33,709,362
28,035,810
35,071,976
36,195,349
33,591,479
9,850,974
7,391,536
5,038,201
2,249,187
3,003,088
2,714,512
23,711,470
-1,456,205
0
0
0
0
0
0
0
0
0
0
0
2,067,000
1,689
36,718,720
0
8,865,338
8,132,816
0
0
0
8,717,738
0
28,060,000
0
9,182,000
29,370,000
29,110,000
36,515,000
16,034,000
43,235,000
41,815,000
47,475,000
16,034,000
45,067,000
0
0
16,034,000
50,616,000
19,034,000
55,877,000
16,034,000
0
0
0
0
0
0
47,166,000
-7,678,000
16,050,000
16,053,000
16,054,000
-10,770,000
0
16,044,000
0
16,942,000
3,451,000
16,994,000
2,263,000
16,991,000
845,000
17,029,000
57,000
17,039,000
-8,000
17,069,000
-5,000
17,068,000
-6,000
17,086,000
-9,000
16,542,000
0
17,097,000
55,439,000
15,493,000
53,475,000
15,139,000
0
0
0015,139,00053,475,00015,493,00055,439,00017,097,000016,542,000-9,00017,086,000-6,00017,068,000-5,00017,069,000-8,00017,039,00057,00017,029,000845,00016,991,0002,263,00016,994,0003,451,00016,942,000016,044,0000-10,770,00016,054,00016,053,00016,050,000-7,678,00047,166,00000000016,034,00055,877,00019,034,00050,616,00016,034,0000045,067,00016,034,00047,475,00041,815,00043,235,00016,034,00036,515,00029,110,00029,370,0009,182,000028,060,00008,717,7380008,132,8168,865,338036,718,7201,6892,067,00000000000000-1,456,20523,711,4702,714,5123,003,0882,249,1875,038,2017,391,5369,850,97433,591,47936,195,34935,071,97628,035,81033,709,36233,082,07530,842,66629,531,53824,444,40129,384,98428,327,44720,879,25222,430,92820,766,37818,520,453



Balance Sheet

Currency in EUR. All numbers in thousands.