Kilroy Realty Corp
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Let's analyse Kilroy Realty Corp together

Penke I guess you are interested in Kilroy Realty Corp. 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 Kilroy Realty Corp. 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 Kilroy Realty Corp (30 sec.)

What can you expect buying and holding a share of Kilroy Realty Corp? (30 sec.)

How much money do you get?

$2.17

When do you have the money?

1 year

How often do you get paid?

100.0%

What is your share worth?

Current worth

$48.04

Expected worth in 1 year

$47.73

How sure are you?

97.5%

+ What do you gain per year?

Total Gains per Share

$1.87

Return On Investment

5.8%

For what price can you sell your share?

Current Price per Share

$32.40

Expected price per share

$31.24 - $37.44

How sure are you?

50%

1. Valuation of Kilroy Realty Corp (5 min.)

Live pricePrice per Share (EOD)

$32.40

Book Value per Share

$48.04

Intrinsic Value Per Share

$-22.28 - $-7.84

Total Value Per Share

$25.76 - $40.20

My calculation of the intrinsic value of Kilroy Realty Corp 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: ($-1.04) 3Y: ($-0.86) TTM: ($0.13)
The change per quarter (trend) of the Free Cash Flow Per Share is 10Y: ($0.03) 3Y: ($0.02) TTM: ($0.03)

Years	Total Low est.	Total High est.	Added Free Cash Flow
1	$-3.87	$-3.08	$-3.91 - $-2.94
2	$-7.28	$-5.56	$-3.65 - $-2.41
3	$-10.27	$-7.49	$-3.39 - $-1.89
4	$-12.88	$-8.90	$-3.13 - $-1.37
5	$-15.15	$-9.81	$-2.87 - $-0.85
6	$-17.10	$-10.25	$-2.61 - $-0.32
7	$-18.76	$-10.25	$-2.35 - $0.20
8	$-20.16	$-9.83	$-2.09 - $0.72
9	$-21.33	$-9.02	$-1.83 - $1.24
10	$-22.28	$-7.84	$-1.57 - $1.77

2. Growth of Kilroy Realty Corp (5 min.)

Is Kilroy Realty Corp growing?

	Current year	Previous year	Grow	Grow %
How rich?	$5.6b	$5.6b	-$1.4m	0.0%

How much money is Kilroy Realty Corp making?

	Current year	Previous year	Grow	Grow %
Making money	$48.7m	$53.9m	-$5.1m	-10.6%
Net Profit Margin	17.3%	19.7%	-	-

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

Quarterly Yearly

3. Financial Health of Kilroy Realty Corp (5 min.)

What can you expect buying and holding a share of Kilroy Realty Corp? (5 min.)

Welcome investor! Kilroy Realty Corp's management wants to use your money to grow the business. In return you get a share of Kilroy Realty Corp.

What can you expect buying and holding a share of Kilroy Realty Corp?

First you should know what it really means to hold a share of Kilroy Realty Corp. And how you can make/lose money.

Speculation

The Price per Share of Kilroy Realty Corp is $32.40. 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 Kilroy Realty Corp.
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 Kilroy Realty Corp, 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 $48.04. Based on the TTM, the Book Value Change Per Share is $-0.08 per quarter. Based on the YOY, the Book Value Change Per Share is $-0.04 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 $0.54 per quarter.

Based on historical numbers we can estimate the returns while holding a share of Kilroy Realty Corp.

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	0.40	1.2%	0.45	1.4%	0.50	1.5%	0.62	1.9%	0.54	1.7%
Usd Book Value Change Per Share	-0.20	-0.6%	-0.08	-0.2%	-0.04	-0.1%	0.61	1.9%	0.66	2.1%
Usd Dividend Per Share	0.54	1.7%	0.54	1.7%	0.53	1.6%	0.49	1.5%	0.45	1.4%
Usd Total Gains Per Share	0.34	1.1%	0.47	1.4%	0.49	1.5%	1.11	3.4%	1.11	3.4%
Usd Price Per Share	39.84	-	33.49	-	52.38	-	57.74	-	63.02	-
Price to Earnings Ratio	24.82	-	18.80	-	27.96	-	35.81	-	45.82	-
Price-to-Total Gains Ratio	115.53	-	75.25	-	126.68	-	114.34	-	98.72	-
Price to Book Ratio	0.83	-	0.69	-	1.08	-	1.31	-	1.84	-
Price-to-Total Gains Ratio	115.53	-	75.25	-	126.68	-	114.34	-	98.72	-

When do you get the money?

Usd Investment	$.00
Usd Price Per Share	32.4
Number of shares	30

Gains per Quarter	Trailing 12 Months	5 Year
Usd Dividend Per Share	0.54	0.49
Usd Book Value Change Per Share	-0.08	0.61
Usd Total Gains Per Share	0.47	1.11
Gains per Quarter (30 shares)	14.02	33.18
Gains per Year (30 shares)	56.06	132.74

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	65	-9	46	59	73	123
2	130	-18	102	119	147	256
3	196	-27	158	178	220	389
4	261	-37	214	237	294	522
5	326	-46	270	297	367	655
6	391	-55	326	356	440	788
7	456	-64	382	416	514	921
8	522	-73	438	475	587	1054
9	587	-82	494	534	660	1187
10	652	-91	550	594	734	1320

How sure are you?

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

Linear %

	Trailing 12 Months				3Y				5 Year				10 Year				ALLTIME
				%				%				%				%				%
Earnings Per Share	4.0	0.0	0.0	100.0%	12.0	0.0	0.0	100.0%	20.0	0.0	0.0	100.0%	40.0	0.0	0.0	100.0%	104.0	4.0	0.0	96.3%
Book Value Change Per Share	0.0	4.0	0.0	0.0%	2.0	10.0	0.0	16.7%	7.0	13.0	0.0	35.0%	22.0	18.0	0.0	55.0%	50.0	58.0	0.0	46.3%
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%	106.0	0.0	2.0	98.1%
Total Gains 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%	39.0	1.0	0.0	97.5%	100.0	8.0	0.0	92.6%

Fundamentals of Kilroy Realty Corp

About Kilroy Realty Corp

https://www.kilroyrealty.com
248
12200 West Olympic Boulevard, Los Angeles, CA, United States, 90064-1044
Google Maps Bing Maps

Kilroy Realty Corporation (NYSE: KRC, the "company", "Kilroy") is a leading U.S. landlord and developer, with operations in San Diego, Greater Los Angeles, the San Francisco Bay Area, Greater Seattle and Austin. The company has earned global recognition for sustainability, building operations, innovation and design. As a pioneer and innovator in the creation of a more sustainable real estate industry, the company's approach to modern business environments helps drive creativity and productivity for some of the world's leading technology, entertainment, life science and business services companies. The company is a publicly traded real estate investment trust ("REIT") and member of the S&P MidCap 400 Index with more than seven decades of experience developing, acquiring and managing office, life science and mixed-use projects. As of December 31, 2023, Kilroy's stabilized portfolio totaled approximately 17.0 million square feet of primarily office and life science space that was 85.0% occupied and 86.4% leased. The company also had approximately 1,000 residential units in Hollywood and San Diego, which had a quarterly average occupancy of 92.5%. In addition, the company had two in-process life science redevelopment projects totaling approximately 100,000 square feet with total estimated redevelopment costs of $80.0 million and one approximately 875,000 square foot in-process development project with a total estimated investment of $1.0 billion.

Fundamental data was last updated by Penke on 2024-04-04 17:28:03.

Financial Health

Profitability Details

	Compared to previous year	Compared to industry
The company is making a huge profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.

Operating Efficiency Details

	Compared to previous year	Compared to industry
The company is operating very efficient.
The company is efficient in keeping operating costs low.

Liquidity Details

	Compared to previous year	Compared to industry
The company is able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.

Solvency Details

	Compared to previous year	Compared to industry
The company is very able to pay all its debts by selling its assets.
The company is 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 fair priced.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Kilroy Realty Corp.

1.1. Profitability

1.1.1. Net Profit Margin

Measures how much net profit Kilroy Realty Corp earns for each $1 of revenue.

Above 10% is considered healthy but always compare Kilroy Realty Corp to the REIT - Office industry mean.
A Net Profit Margin of 17.6% means that $0.18 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Kilroy Realty Corp:

The MRQ is 17.6%. The company is making a huge profit. +2
The TTM is 17.3%. The company is making a huge profit. +2

Trends

Current period		Compared to		+/-
MRQ	17.6%	TTM	17.3%	+0.3%
TTM	17.3%	YOY	19.7%	-2.4%
TTM	17.3%	5Y	29.5%	-12.1%
5Y	29.5%	10Y	32.8%	-3.3%

Measures how much net profit Kilroy Realty Corp earns for each $1 of revenue.

Revenue is the amount of profit Kilroy Realty Corp 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 Kilroy Realty Corp 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 Kilroy Realty Corp to the REIT - Office industry mean.
Can be used to compare companies within the REIT - Office industry.

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

Why do investors use net profit margin in their analysis

It helps investors to determine the efficiency of Kilroy Realty Corp. If profit margins remain low (compared to the REIT - Office 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 Kilroy Realty Corp is 0.18. This means that Kilroy Realty Corp earned $0.18 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 - Office industry is .
What is the trend?
The trend is important because it shows you how Kilroy Realty Corp is performing over time. The most recent quarter might be important if Kilroy Realty Corp 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 Kilroy Realty Corp 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 Kilroy Realty Corp with other companies in the same industry (REIT - Office).
Net profit margin should rise over the years.
Can be influenced when Kilroy Realty Corp sells assets (profit will increase while costs remain the same).
It won’t show what part of Kilroy Realty Corp 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 Kilroy Realty Corp

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 Kilroy Realty Corp = 47,284
Total revenue MRQ Kilroy Realty Corp = 269,016
$47,284 / $269,016 = 0.18 or 17.6%

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 Kilroy Realty Corp is using its assets to generate profit.

Above 5% is considered healthy but always compare Kilroy Realty Corp to the REIT - Office industry mean.
0.4% Return on Assets means that Kilroy Realty Corp generated $0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Kilroy Realty Corp:

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

Trends

Current period		Compared to		+/-
MRQ	0.4%	TTM	0.4%	0.0%
TTM	0.4%	YOY	0.5%	-0.1%
TTM	0.4%	5Y	0.7%	-0.3%
5Y	0.7%	10Y	0.8%	-0.1%

Shows how efficient Kilroy Realty Corp 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 Kilroy Realty Corp to the REIT - Office 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 Kilroy Realty Corp is using its resources to generate profit. If the return on assets (0.4%) from Kilroy Realty Corp are higher than the REIT - Office mean () that means Kilroy Realty Corp 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 Kilroy Realty Corp 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 - Office industry is .
What is the trend?
The trend is important because it shows you how Kilroy Realty Corp is performing over time. The most recent quarter might be important if Kilroy Realty Corp 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 Kilroy Realty Corp 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 Kilroy Realty Corp

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

Income statement
Balance sheet

Net income MRQ (income statement) from Kilroy Realty Corp = 47,284
Total assets MRQ (balance sheet) from Kilroy Realty Corp = 11,401,045
47,284 / 11,401,045 = 0.00 or 0.4%

ROA is an important ratio as it will tell you how effectively Kilroy Realty Corp 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 Kilroy Realty Corp is using its investors money to generate profit.

Above 15%-20% is considered healthy but always compare Kilroy Realty Corp to the REIT - Office industry mean.
0.9% Return on Equity means Kilroy Realty Corp generated $0.01 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Kilroy Realty Corp:

The MRQ is 0.9%. Using its investors money, the company is inefficient in making profit. -1
The TTM is 0.9%. Using its investors money, the company is inefficient in making profit. -1

Trends

Current period		Compared to		+/-
MRQ	0.9%	TTM	0.9%	0.0%
TTM	0.9%	YOY	1.0%	-0.1%
TTM	0.9%	5Y	1.4%	-0.5%
5Y	1.4%	10Y	1.6%	-0.2%

Shows how efficient Kilroy Realty Corp 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 Kilroy Realty Corp to the REIT - Office 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 - Office 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 Kilroy Realty Corp is 0.9%. This means Kilroy Realty Corp generated $0.01 for each $1 the owners (shareholders) invested.
How does it compare to the industry?
The mean MRQ Return on Equity of the REIT - Office industry is .
What is the trend?
The trend is important because it shows you how Kilroy Realty Corp is performing over time. The most recent quarter might be important if Kilroy Realty Corp 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 Kilroy Realty Corp up to 10 years back (depending if Kilroy Realty Corp 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 Kilroy Realty Corp

You need the following data to determine ROE:

Income statement
Balance sheet
Net profit MRQ (income statement) Kilroy Realty Corp = 47,284
Shareholders equity (balance sheet) MRQ Kilroy Realty Corp = 5,428,161
47,284 / 5,428,161 = 0.01 or 0.9%

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 Kilroy Realty Corp.

1.2. Operating Efficiency

1.2.1. Operating Margin

Measures how efficient Kilroy Realty Corp is operating .

Measures how much profit Kilroy Realty Corp 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 Kilroy Realty Corp to the REIT - Office industry mean.
An Operating Margin of 31.7% means the company generated $0.32 for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Kilroy Realty Corp:

The MRQ is 31.7%. The company is operating very efficient. +2
The TTM is 31.2%. The company is operating very efficient. +2

Trends

Current period		Compared to		+/-
MRQ	31.7%	TTM	31.2%	+0.5%
TTM	31.2%	YOY	29.8%	+1.5%
TTM	31.2%	5Y	29.1%	+2.2%
5Y	29.1%	10Y	28.4%	+0.7%

Measures how efficient Kilroy Realty Corp 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 Kilroy Realty Corp to the REIT - Office 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 Kilroy Realty Corp 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 Kilroy Realty Corp is 31.7%. This means that Kilroy Realty Corp earned $0.32 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 - Office industry is .
What is the trend?
The trend is important because it shows you how Kilroy Realty Corp is performing over time. The most recent quarter might be important if Kilroy Realty Corp 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 Kilroy Realty Corp 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 Kilroy Realty Corp

You need the following data to determine operating margin:

Income statement
Operating earnings MRQ Kilroy Realty Corp = -471
Total revenue MRQ Kilroy Realty Corp = 269,016
$-471 / $269,016 = 0.32 or 31.7%

Operating margin is used to calculate how much profit a company makes after variable costs of production but before paying interest and taxes. Some variable costs examples are wages, raw materials, packaging, and transaction fees. The amount of variable costs is different for each company and industry. In general, a higher operating margin is better as this implicates that a company is running efficiently.

For investors, a higher operating margin is a good sign. Although you should always look at operating margin in the long term. If operating margin is fluctuating over the years this might be a sign that things are not running efficiently enough. It’s a way to check how much profit a company is making from its core business.

Operation earnings can be calculated in multiple ways:

Operation earnings = EBIT - non operating income + non operating expense
Operation earnings = Gross profit - operating expense - depreciation and amortisation
Operation earnings = Total revenue - COGS (costs of goods sold) - indirect costs

1.2.2. Operating Ratio

Measures how efficient Kilroy Realty Corp is keeping operating costs low.

Below 1 is considered healthy (always compare to REIT - Office industry mean).
An Operation Ratio of 0.72 means that the operating costs are $0.72 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Kilroy Realty Corp:

The MRQ is 0.722. The company is efficient in keeping operating costs low. +1
The TTM is 0.708. The company is efficient in keeping operating costs low. +1

Trends

Current period		Compared to		+/-
MRQ	0.722	TTM	0.708	+0.014
TTM	0.708	YOY	0.704	+0.004
TTM	0.708	5Y	0.717	-0.009
5Y	0.717	10Y	0.722	-0.004

Measures how efficient Kilroy Realty Corp 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 Kilroy Realty Corp to the REIT - Office 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 Kilroy Realty Corp is 72.2%. This means that Kilroy Realty Corp earned $0.72 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 - Office industry is .
What is the trend?
The trend is important because it shows you how Kilroy Realty Corp is performing over time. The most recent quarter might be important if Kilroy Realty Corp 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 Kilroy Realty Corp 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 Kilroy Realty Corp

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
(86,247 +108,094) \ 269,016 = 0.72

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 Kilroy Realty Corp.

1.3. Liquidity

1.3.1. Current Ratio

Measures if Kilroy Realty Corp is able to pay off Short-term Debt.

Above 1.5 is considered healthy (always compare to REIT - Office industry mean).
A Current Ratio of 1.86 means the company has $1.86 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Kilroy Realty Corp:

The MRQ is 1.859. The company is able to pay all its short-term debts. +1
The TTM is 1.552. The company is able to pay all its short-term debts. +1

Trends

Current period		Compared to		+/-
MRQ	1.859	TTM	1.552	+0.306
TTM	1.552	YOY	1.101	+0.451
TTM	1.552	5Y	1.417	+0.136
5Y	1.417	10Y	1.207	+0.210

Measures if Kilroy Realty Corp 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 - Office 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 Kilroy Realty Corp 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 Kilroy Realty Corp is 1.86. This means Kilroy Realty Corp has $1.86 in assets for each $1 in short-term debts.
How does it compare to the industry?
The mean MRQ Current Ratio of the REIT - Office industry is .
What is the trend?
The trend is important because it shows you how Kilroy Realty Corp is performing over time. The most recent quarter might be important if Kilroy Realty Corp 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 Kilroy Realty Corp 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 Kilroy Realty Corp

You need the following data to determine operating ratio:

Balance sheet
Current ratio = current assets \ current liabilities
1,279,953 \ 688,621) = 1.86

The current ratio measures if Kilroy Realty Corp 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 Kilroy Realty Corp 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 Kilroy Realty Corp 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 Kilroy Realty Corp 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 Kilroy Realty Corp is able to pay off Short-term Debt but only using the most liquid assets.

Above 1 is considered healthy but always compare Kilroy Realty Corp to the REIT - Office industry mean.
A Quick Ratio of 2.26 means the company can pay off $2.26 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Kilroy Realty Corp:

The MRQ is 2.257. The company is very able to pay all its short-term debts with the most liquid assets. +2
The TTM is 1.762. The company is very able to pay all its short-term debts with the most liquid assets. +2

Trends

Current period		Compared to		+/-
MRQ	2.257	TTM	1.762	+0.495
TTM	1.762	YOY	1.100	+0.662
TTM	1.762	5Y	1.340	+0.422
5Y	1.340	10Y	1.078	+0.262

Measures if Kilroy Realty Corp 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 Kilroy Realty Corp to the REIT - Office 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 Kilroy Realty Corp can pay off its short term debts. This shows if Kilroy Realty Corp 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 Kilroy Realty Corp is 2.26. This means that Kilroy Realty Corp can pay off $2.26 for each $1 in debt (using most liquid assets).
How does it compare to the industry?
The mean MRQ Quick Ratio of the REIT - Office industry is .
What is the trend?
The trend is important because it shows you how Kilroy Realty Corp is performing over time. The most recent quarter might be important if Kilroy Realty Corp 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 Kilroy Realty Corp 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 Kilroy Realty Corp

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 Kilroy Realty Corp: (794,833 + 284,670 +474,588) / 688,621 = 2.26

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 Kilroy Realty Corp.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Measures how much % of Kilroy Realty Corp assets are financed with debt.

Below 1 (100%) is considered healthy but always compare Kilroy Realty Corp to REIT - Office industry mean.
A Debt to Asset Ratio of 0.50 means that Kilroy Realty Corp assets are financed with 50.4% credit (debt) and the remaining percentage (100% - 50.4%) is financed by its owners/shareholders.

Let's take a look of the Debt to Asset Ratio trends of Kilroy Realty Corp:

The MRQ is 0.504. The company is able to pay all its debts by selling its assets. +1
The TTM is 0.493. The company is very able to pay all its debts by selling its assets. +2

Trends

Current period		Compared to		+/-
MRQ	0.504	TTM	0.493	+0.010
TTM	0.493	YOY	0.466	+0.027
TTM	0.493	5Y	0.472	+0.021
5Y	0.472	10Y	0.467	+0.004

Measures how much % of Kilroy Realty Corp assets are financed with debt.

When there are more debts than assets, that means creditors have a larger stake Kilroy Realty Corp than its shareholders.

How to use debt to asset ratio

Lower is better.
below 1 (100%) is considered healthy but always compare Kilroy Realty Corp to REIT - Office 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 Kilroy Realty Corp is 0.50. This means means that Kilroy Realty Corp is financed with 50.4% 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 - Office industry is .
What is the trend?
The trend is important because it shows you how Kilroy Realty Corp is performing over time. The most recent quarter might be important if Kilroy Realty Corp 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 Kilroy Realty Corp 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 Kilroy Realty Corp has so much debt.

How to calculate debt to asset ratio

Debt to asset ratio = total debt \ total assets

Real life example Kilroy Realty Corp

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

Balance sheet
Debt to asset ratio = total debt \ total assets
5,741,352 \ 11,401,045 = 50.4% or 0.50.

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 Kilroy Realty Corp is able to pay off its debts by using shareholders equity.

Below 2 is considered healthy but always compare Kilroy Realty Corp to the REIT - Office industry mean.
A Debt to Equity ratio of 105.8% means that company has $1.06 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Kilroy Realty Corp:

The MRQ is 1.058. The company is able to pay all its debts with equity. +1
The TTM is 1.016. The company is able to pay all its debts with equity. +1

Trends

Current period		Compared to		+/-
MRQ	1.058	TTM	1.016	+0.041
TTM	1.016	YOY	0.913	+0.103
TTM	1.016	5Y	0.940	+0.076
5Y	0.940	10Y	0.922	+0.018

Measures if Kilroy Realty Corp 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 Kilroy Realty Corp 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 Kilroy Realty Corp is 1.06. This means that Kilroy Realty Corp can pay off $1.06 for each $1 in debt.
How does it compare to the industry?
The mean MRQ Quick Ratio of the REIT - Office industry is .
What is the trend?
The trend is important because it shows you how Kilroy Realty Corp is performing over time. The most recent quarter might be important if Kilroy Realty Corp 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 Kilroy Realty Corp 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 Kilroy Realty Corp

You need the following data to determine equity ratio:

Balance sheet
Debt to equity ratio = total debt \ shareholders equity
5,741,352 \ 5,428,161 = 1.06 or 105.8%

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 Kilroy Realty Corp

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 Kilroy Realty Corp generates.

Above 15 is considered overpriced but always compare Kilroy Realty Corp to the REIT - Office industry mean.
A PE ratio of 24.82 means the investor is paying $24.82 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Kilroy Realty Corp:

The EOD is 20.183. Based on the earnings, the company is fair priced.
The MRQ is 24.817. Based on the earnings, the company is fair priced.
The TTM is 18.797. Based on the earnings, the company is fair priced.

Trends

Current period		Compared to		+/-
EOD	20.183	MRQ	24.817	-4.635
MRQ	24.817	TTM	18.797	+6.020
TTM	18.797	YOY	27.957	-9.160
TTM	18.797	5Y	35.812	-17.015
5Y	35.812	10Y	45.825	-10.013

Measures how much money you pay for each share for every $1 in earnings Kilroy Realty Corp 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 Kilroy Realty Corp to the REIT - Office 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 Kilroy Realty Corp is 24.82. This means the investor is paying $24.82 for every $1 in earnings.
How does it compare to the industry?
The mean MRQ Quick Ratio of the REIT - Office industry is .
What is the trend?
The trend is important because it shows you how Kilroy Realty Corp is performing over time. The most recent quarter might be important if Kilroy Realty Corp 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 Kilroy Realty Corp 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 Kilroy Realty Corp

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 \ 117,816 = EPS
PE ratio MRQ = 24.82

* The net profit minus preferred dividends can be found in the incomestatement as netIncomeApplicableToCommonShares.

The PE value helps investors to determine if the current stock price is under or overvalued. It also projects future growth.

In general, a higher PE ratio means that investors predict higher future growth. If the PE ratio is too high, then investors expect way too much future growth the company can never fulfil. This is most likely to happen in faster moving companies like tech companies or automobile companies like Tesla. These are hot and booming markets where investors expect much future growth driven by new technology (electric cars). When looking at the current MRQ (most recent quarter) PE ratio of Tesla ( jan. 2021) it's about 247 while the average in the industry is only 6. That might be a clue that Tesla is trading for way too high prices compared to their current assets and is more based on future growth.

2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Kilroy Realty Corp:

The EOD is -36.776. Based on how much money comes from the company's main activities, the company is expensive. -2
The MRQ is -45.221. Based on how much money comes from the company's main activities, the company is expensive. -2
The TTM is -9.587. Based on how much money comes from the company's main activities, the company is expensive. -2

Trends

Current period		Compared to		+/-
EOD	-36.776	MRQ	-45.221	+8.445
MRQ	-45.221	TTM	-9.587	-35.634
TTM	-9.587	YOY	48.012	-57.599
TTM	-9.587	5Y	-1.970	-7.617
5Y	-1.970	10Y	-5.949	+3.979

2. Book Value per Share

2.3. Price to Book Ratio

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

At or below 1 is considered healthy (always compare to REIT - Office industry mean).
A PB ratio of 0.83 means the investor is paying $0.83 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Kilroy Realty Corp:

The EOD is 0.674. Based on the equity, the company is cheap. +2
The MRQ is 0.829. Based on the equity, the company is cheap. +2
The TTM is 0.695. Based on the equity, the company is cheap. +2

Trends

Current period		Compared to		+/-
EOD	0.674	MRQ	0.829	-0.155
MRQ	0.829	TTM	0.695	+0.135
TTM	0.695	YOY	1.085	-0.390
TTM	0.695	5Y	1.308	-0.614
5Y	1.308	10Y	1.837	-0.528

2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Kilroy Realty Corp.

3.1. Institutions holding Kilroy Realty Corp

Institutions are holding 111.8% of the shares of Kilroy Realty Corp.

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2023-12-31	Vanguard Group Inc	14.4871	0.0148	16997240	91022	0.5384
2023-12-31	BlackRock Inc	12.4215	0.0148	14573664	382009	2.6918
2023-12-31	NORGES BANK	7.7195	0.0631	9057009	0	0
2023-12-31	State Street Corporation	5.4137	0.0125	6351683	1982	0.0312
2023-12-31	Principal Financial Group Inc	4.655	0.1387	5461593	-39790	-0.7233
2023-12-31	Apg Investments Us Inc	4.5861	1.3141	5380747	255835	4.992
2023-12-31	Canada Pension Plan Investment Board	3.3021	0.1949	3874216	-16200	-0.4164
2023-12-31	RIMA MANAGEMENT, LLC	3.0643	5.5066	3595212	634136	21.4157
2023-12-31	JPMorgan Chase & Co	2.5755	0.0116	3021704	128773	4.4513
2023-12-31	T. Rowe Price Associates, Inc.	2.2801	0.0143	2675192	225743	9.2161
2023-12-31	Amvescap Plc.	2.1972	0.0244	2577862	-1250174	-32.6584
2023-12-31	Resolution Capital Limited	2.1942	1.8602	2574369	-249066	-8.8214
2023-12-31	CenterSquare Investment Management LLC	2.1933	1.146	2573289	52615	2.0873
2023-12-31	Charles Schwab Investment Management Inc	1.7749	0.0211	2082442	56873	2.8078
2023-12-31	Geode Capital Management, LLC	1.6582	0.0081	1945516	61542	3.2666
2023-12-31	PGGM Investments	1.6357	1.1638	1919078	0	0
2023-12-31	Oaktree Capital Management LLC	1.5768	1.071	1850011	0	0
2023-12-31	Prudential Financial Inc	1.4318	0.1011	1679822	541848	47.6151
2023-12-31	Dimensional Fund Advisors, Inc.	1.3909	0.019	1631938	12936	0.799
2023-12-31	Morgan Stanley - Brokerage Accounts	1.2476	0.0051	1463782	350881	31.5285
Total		77.8055	12.7052	91286369	+1240965	+1.4%

3.2. Funds holding Kilroy Realty Corp

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2024-02-29	Vanguard Real Estate Index Investor	3.8737	0.2696	4544930	14464	0.3193
2024-02-29	Vanguard Total Stock Mkt Idx Inv	3.1353	0.009	3678517	-9800	-0.2657
2024-02-29	iShares Core S&P Mid-Cap ETF	2.7682	0.1527	3247826	-8784	-0.2697
2024-02-29	Vanguard Small Cap Index	2.5759	0.0815	3022201	28292	0.945
2024-02-29	Principal Real Estate Securities R5	1.544	1.1646	1811569	0	0
2023-09-05	AMOne Shinko US-REIT Open	1.3969	2.0108	1638900	97851	6.3496
2024-02-29	Vanguard Institutional Extnd Mkt Idx Tr	1.341	0.0584	1573362	-4636	-0.2938
2024-01-31	iShares Envir&Lw Carb Tilt REIdx(UK)LAcc	1.1219	0.6091	1316251	0	0
2023-12-31	T. Rowe Price Real Assets Tr I-Z	0.994	0.4041	1166245	94960	8.8641
2024-02-29	Vanguard Small Cap Value Index Inv	0.8766	0.0733	1028498	4272	0.4171
2023-12-31	T. Rowe Price Real Assets	0.8447	0.4092	991080	62481	6.7285
2024-02-29	SPDR® S&P MIDCAP 400 ETF Trust	0.7263	0.1536	852119	3204	0.3774
2024-02-29	Vanguard Small Cap Growth Index Inv	0.7228	0.0921	848092	14113	1.6922
2024-02-29	Janus Henderson Hrzn GlblPtyEqsI2USD	0.7172	2.6095	841459	112385	15.4148
2024-02-29	State St Russell Sm/Mid Cp® Indx NL Cl C	0.6063	0.0645	711404	19900	2.8778
2024-02-29	Vanguard Real Estate II Index	0.6013	0.3105	705447	-1532	-0.2167
2023-08-21	Nikko World REIT Mother	0.5524	1.0627	648125	-112061	-14.7413
2024-01-31	DFA Real Estate Securities I	0.5475	0.3281	642348	0	0
2024-02-29	iShares S&P Mid-Cap 400 Value ETF	0.5381	0.3284	631350	0	0
2024-01-31	Fidelity Extended Market Index	0.5148	0.0603	603992	12872	2.1776
Total		25.9989	10.252	30503715	+327981	+1.1%

3.3. Insider Transactions

Insiders are holding 2.252% of the shares of Kilroy Realty Corp.

Date	Owner	Type	Amount	Price
2023-12-21	Heidi Rena Roth	SELL	5081	40.61
2023-12-19	John Osmond	SELL	3594	40.85
2023-11-03	Heidi Rena Roth	SELL	4200	31.78
2023-09-29	Heidi Rena Roth	SELL	4300	31.7

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Kilroy Realty Corp compared to the Most Recent Quarter (MRQ).

	End of day	+/-	Most Recent Quarter	Trailing 12 Months	+/-	Year-Over-Year	+/-	5 Year	+/-	10 Year	+/-
Book Value Change Per Share	-	-	-0.198	-0.076	-61%	-0.038	-81%	0.611	-132%	0.665	-130%
Book Value Per Share	-	-	48.038	48.220	0%	48.306	-1%	45.437	+6%	37.447	+28%
Current Ratio	-	-	1.859	1.552	+20%	1.101	+69%	1.417	+31%	1.207	+54%
Debt To Asset Ratio	-	-	0.504	0.493	+2%	0.466	+8%	0.472	+7%	0.467	+8%
Debt To Equity Ratio	-	-	1.058	1.016	+4%	0.913	+16%	0.940	+13%	0.922	+15%
Dividend Per Share	-	-	0.543	0.543	0%	0.527	+3%	0.495	+10%	0.450	+21%
Eps	-	-	0.401	0.451	-11%	0.496	-19%	0.620	-35%	0.540	-26%
Free Cash Flow Per Share	-	-	-0.220	0.125	-276%	0.012	-1931%	-0.999	+353%	-1.043	+373%
Free Cash Flow To Equity Per Share	-	-	-0.890	0.893	-200%	-0.241	-73%	-0.293	-67%	-0.471	-47%
Gross Profit Margin	-	-	1.000	1.000	0%	1.000	0%	1.000	0%	1.000	0%
Intrinsic Value_10Y_max	-	-	-7.839	-	-	-	-	-	-	-	-
Intrinsic Value_10Y_min	-	-	-22.280	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_max	-	-	-3.075	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_min	-	-	-3.866	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_max	-	-	-7.494	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_min	-	-	-10.269	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_max	-	-	-9.810	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_min	-	-	-15.149	-	-	-	-	-	-	-	-
Market Cap	3801362400.000	-23%	4693789440.000	3935783303.948	+19%	6146438247.500	-24%	6775538848.290	-31%	7394540318.645	-37%
Net Profit Margin	-	-	0.176	0.173	+2%	0.197	-11%	0.295	-40%	0.328	-46%
Operating Margin	-	-	0.317	0.312	+2%	0.298	+7%	0.291	+9%	0.284	+12%
Operating Ratio	-	-	0.722	0.708	+2%	0.704	+3%	0.717	+1%	0.722	+0%
Pb Ratio	0.674	-23%	0.829	0.695	+19%	1.085	-24%	1.308	-37%	1.837	-55%
Pe Ratio	20.183	-23%	24.817	18.797	+32%	27.957	-11%	35.812	-31%	45.825	-46%
Price Per Share	32.400	-23%	39.840	33.485	+19%	52.383	-24%	57.737	-31%	63.019	-37%
Price To Free Cash Flow Ratio	-36.776	+19%	-45.221	-9.587	-79%	48.012	-194%	-1.970	-96%	-5.949	-87%
Price To Total Gains Ratio	93.958	-23%	115.534	75.253	+54%	126.676	-9%	114.336	+1%	98.723	+17%
Quick Ratio	-	-	2.257	1.762	+28%	1.100	+105%	1.340	+68%	1.078	+109%
Return On Assets	-	-	0.004	0.004	-5%	0.005	-18%	0.007	-41%	0.008	-48%
Return On Equity	-	-	0.009	0.009	-3%	0.010	-12%	0.014	-37%	0.016	-44%
Total Gains Per Share	-	-	0.345	0.467	-26%	0.489	-30%	1.106	-69%	1.115	-69%
Usd Book Value	-	-	5659693000.000	5666808500.000	0%	5668262500.000	0%	5332899500.000	+6%	4394502200.000	+29%
Usd Book Value Change Per Share	-	-	-0.198	-0.076	-61%	-0.038	-81%	0.611	-132%	0.665	-130%
Usd Book Value Per Share	-	-	48.038	48.220	0%	48.306	-1%	45.437	+6%	37.447	+28%
Usd Dividend Per Share	-	-	0.543	0.543	0%	0.527	+3%	0.495	+10%	0.450	+21%
Usd Eps	-	-	0.401	0.451	-11%	0.496	-19%	0.620	-35%	0.540	-26%
Usd Free Cash Flow	-	-	-25949000.000	14692500.000	-277%	1406500.000	-1945%	-117182950.000	+352%	-122318550.000	+371%
Usd Free Cash Flow Per Share	-	-	-0.220	0.125	-276%	0.012	-1931%	-0.999	+353%	-1.043	+373%
Usd Free Cash Flow To Equity Per Share	-	-	-0.890	0.893	-200%	-0.241	-73%	-0.293	-67%	-0.471	-47%
Usd Market Cap	3801362400.000	-23%	4693789440.000	3935783303.948	+19%	6146438247.500	-24%	6775538848.290	-31%	7394540318.645	-37%
Usd Price Per Share	32.400	-23%	39.840	33.485	+19%	52.383	-24%	57.737	-31%	63.019	-37%
Usd Profit	-	-	47284000.000	48798000.000	-3%	53978750.000	-12%	71089950.000	-33%	63822850.000	-26%
Usd Revenue	-	-	269016000.000	282423500.000	-5%	274246750.000	-2%	245878600.000	+9%	203337150.000	+32%
Usd Total Gains Per Share	-	-	0.345	0.467	-26%	0.489	-30%	1.106	-69%	1.115	-69%
	EOD	+3 -5	MRQ	TTM	+9 -26	YOY	+9 -26	5Y	+17 -18	10Y	+17 -18

4.2. Fundamental Score

Let's check the fundamental score of Kilroy Realty Corp based on Penke's default stock scanner.

Penke's Stock Scanner

Indicator	Condition		Value
Price to Earnings Ratio (EOD)	Between	0-15	20.183
Price to Book Ratio (EOD)	Between	0-1	0.674
Net Profit Margin (MRQ)	Greater than	0	0.176
Operating Margin (MRQ)	Greater than	0	0.317
Quick Ratio (MRQ)	Greater than	1	2.257
Current Ratio (MRQ)	Greater than	1	1.859
Debt to Asset Ratio (MRQ)	Less than	1	0.504
Debt to Equity Ratio (MRQ)	Less than	1	1.058
Return on Equity (MRQ)	Greater than	0.15	0.009
Return on Assets (MRQ)	Greater than	0.05	0.004
Total			6/10 (60.0%)

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4.3. Technical Score

Let's check the technical score of Kilroy Realty Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	38.306
Ma 20	Greater than	Ma 50	34.663
Ma 50	Greater than	Ma 100	34.894
Ma 100	Greater than	Ma 200	36.116
Open	Greater than	Close	32.500
Total			2/5 (40.0%)

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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Latest Balance Sheet

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

Summary

Total Assets	11,401,045
Total Liabilities	5,741,352
Total Stockholder Equity	5,428,161

	As reported
Total Liabilities	5,741,352
Total Stockholder Equity	+ 5,428,161
Total Assets	= 11,401,045

Assets

Total Assets	11,401,045
Total Current Assets	1,279,953
Long-term Assets	10,121,092

Total Current Assets

Total Current Assets (as reported)	1,279,953
Cash And Cash Equivalents	510,163
Short-term Investments	284,670
Net Receivables	474,588
Inventory	995,283
Other Current Assets	-984,751
Total Current Assets (calculated)	1,279,953
+/-	0

Long-term Assets

Long-term Assets (as reported)	10,121,092
Property Plant Equipment	162,579
Intangible Assets	54,514
Long-term Assets Other	9,903,999
Long-term Assets (calculated)	10,121,092
+/-	0

Liabilities & Shareholders' Equity

Total Current Liabilities	688,621
Long-term Liabilities	5,052,731
Total Stockholder Equity	5,428,161

Total Current Liabilities

Total Current Liabilities (as reported)	688,621
Short-term Debt	929,718
Accounts payable	371,179
Other Current Liabilities	-865,278
Total Current Liabilities (calculated)	435,619
+/-	253,002

Long-term Liabilities

Long-term Liabilities (as reported)	5,052,731
Long term Debt	4,928,378
Capital Lease Obligations	124,353
Long-term Liabilities (calculated)	5,052,731
+/-	0

Total Stockholder Equity

Total Stockholder Equity (as reported)	5,428,161
Common Stock	1,173
Retained Earnings	221,149
Other Stockholders Equity	5,205,839
Total Stockholder Equity (calculated)	5,428,161
+/-	0

Other

Capital Stock	1,173
Cash and Short Term Investments	794,833
Common Stock Shares Outstanding	117,816
Current Deferred Revenue	253,002
Liabilities and Stockholders Equity	11,401,045
Net Debt	4,542,568
Net Invested Capital	10,356,539
Net Working Capital	591,332
Property Plant and Equipment Gross	162,579
Short Long Term Debt Total	5,052,731

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

> Total Assets

310,400
410,200
572,500
757,654
912,700
1,015,100
1,063,700
1,105,928
1,178,800
1,208,500
1,244,900
1,320,501
1,346,759
1,423,063
1,414,052
1,457,169
1,444,475
1,453,841
1,460,722
1,457,229
1,506,491
1,510,577
1,518,313
1,506,602
1,511,197
1,497,814
1,505,973
1,512,635
1,509,365
1,489,478
1,479,379
1,599,215
1,580,606
1,606,592
1,644,664
1,674,474
1,684,309
1,713,762
1,759,799
1,799,352
1,854,715
1,927,685
1,963,750
2,068,720
2,085,909
2,087,725
2,099,498
2,099,583
2,103,498
2,087,582
2,079,002
2,084,281
2,112,242
2,556,509
2,535,684
2,816,565
2,841,933
3,264,787
3,367,684
3,446,795
3,959,341
3,847,522
4,215,841
4,616,084
4,755,287
4,775,522
5,089,276
5,111,028
5,114,543
5,273,792
5,487,464
5,633,736
5,725,480
5,686,925
6,353,392
5,939,469
6,204,110
6,298,433
6,332,139
6,706,633
6,993,665
6,995,367
6,838,299
6,802,838
6,965,932
7,384,784
7,562,236
7,765,707
7,883,987
8,094,721
8,623,815
8,900,094
9,735,147
9,658,665
9,984,608
10,000,708
10,384,353
10,434,766
10,471,517
10,583,397
10,564,822
10,515,241
10,619,992
10,796,987
10,969,392
10,911,034
11,471,121
11,401,045

11,401,045

11,471,121

10,911,034

10,969,392

10,796,987

10,619,992

10,515,241

10,564,822

10,583,397

10,471,517

10,434,766

10,384,353

10,000,708

9,984,608

9,658,665

9,735,147

8,900,094

8,623,815

8,094,721

7,883,987

7,765,707

7,562,236

7,384,784

6,965,932

6,802,838

6,838,299

6,995,367

6,993,665

6,706,633

6,332,139

6,298,433

6,204,110

5,939,469

6,353,392

5,686,925

5,725,480

5,633,736

5,487,464

5,273,792

5,114,543

5,111,028

5,089,276

4,775,522

4,755,287

4,616,084

4,215,841

3,847,522

3,959,341

3,446,795

3,367,684

3,264,787

2,841,933

2,816,565

2,535,684

2,556,509

2,112,242

2,084,281

2,079,002

2,087,582

2,103,498

2,099,583

2,099,498

2,087,725

2,085,909

2,068,720

1,963,750

1,927,685

1,854,715

1,799,352

1,759,799

1,713,762

1,684,309

1,674,474

1,644,664

1,606,592

1,580,606

1,599,215

1,479,379

1,489,478

1,509,365

1,512,635

1,505,973

1,497,814

1,511,197

1,506,602

1,518,313

1,510,577

1,506,491

1,457,229

1,460,722

1,453,841

1,444,475

1,457,169

1,414,052

1,423,063

1,346,759

1,320,501

1,244,900

1,208,500

1,178,800

1,105,928

1,063,700

1,015,100

912,700

757,654

572,500

410,200

310,400

> Total Current Assets

0
0
0
16,296
0
0
0
22,073
15,800
0
0
48,194
34,061
42,139
37,982
50,121
48,364
43,993
42,954
48,638
40,483
42,174
41,079
48,317
41,175
43,044
52,516
51,615
52,006
52,621
51,798
56,512
63,232
62,898
65,567
64,688
75,483
71,113
71,453
79,767
74,464
78,364
74,414
84,613
80,266
10,616
16,956
17,194
102,773
101,793
101,908
103,701
104,954
131,155
20,114
27,461
18,848
135,105
52,990
120,363
537,266
143,086
146,050
396,317
312,549
270,680
597,112
446,131
310,366
296,526
426,162
282,793
439,259
347,846
806,741
388,609
522,435
554,098
553,498
506,756
740,353
718,206
589,492
350,789
343,987
383,734
424,350
479,996
403,180
428,365
756,787
467,868
1,199,087
1,039,644
1,295,211
1,249,276
2,103,745
1,389,897
813,585
874,609
860,861
694,857
744,252
843,709
973,442
861,997
1,375,039
1,279,953

1,279,953

1,375,039

861,997

973,442

843,709

744,252

694,857

860,861

874,609

813,585

1,389,897

2,103,745

1,249,276

1,295,211

1,039,644

1,199,087

467,868

756,787

428,365

403,180

479,996

424,350

383,734

343,987

350,789

589,492

718,206

740,353

506,756

553,498

554,098

522,435

388,609

806,741

347,846

439,259

282,793

426,162

296,526

310,366

446,131

597,112

270,680

312,549

396,317

146,050

143,086

537,266

120,363

52,990

135,105

18,848

27,461

20,114

131,155

104,954

103,701

101,908

101,793

102,773

17,194

16,956

10,616

80,266

84,613

74,414

78,364

74,464

79,767

71,453

71,113

75,483

64,688

65,567

62,898

63,232

56,512

51,798

52,621

52,006

51,615

52,516

43,044

41,175

48,317

41,079

42,174

40,483

48,638

42,954

43,993

48,364

50,121

37,982

42,139

34,061

48,194

15,800

22,073

16,296

Cash And Cash Equivalents

116,200
34,300
74,900
8,929
13,500
7,900
27,300
6,443
2,500
9,000
6,900
26,116
9,301
16,518
12,801
17,600
19,669
13,898
10,718
16,487
10,432
12,663
9,878
15,777
7,787
6,865
16,078
9,892
6,730
7,444
3,652
4,853
11,040
7,706
8,705
3,881
11,395
8,583
7,750
11,948
5,167
11,134
3,655
11,732
4,881
4,367
10,055
9,553
16,256
13,348
9,265
9,883
10,736
29,428
8,313
14,840
6,708
25,412
15,481
4,777
374,368
18,111
16,113
16,700
135,676
107,823
197,150
35,377
95,534
24,571
200,431
23,781
50,181
28,142
567,940
56,508
38,645
26,332
250,523
193,418
478,391
387,616
64,954
57,649
53,069
50,817
86,517
51,604
49,693
52,415
297,620
60,044
762,134
605,012
849,009
731,991
657,819
519,307
348,417
414,077
331,685
210,044
249,981
347,379
476,358
361,885
618,794
510,163

510,163

618,794

361,885

476,358

347,379

249,981

210,044

331,685

414,077

348,417

519,307

657,819

731,991

849,009

605,012

762,134

60,044

297,620

52,415

49,693

51,604

86,517

50,817

53,069

57,649

64,954

387,616

478,391

193,418

250,523

26,332

38,645

56,508

567,940

28,142

50,181

23,781

200,431

24,571

95,534

35,377

197,150

107,823

135,676

16,700

16,113

18,111

374,368

4,777

15,481

25,412

6,708

14,840

8,313

29,428

10,736

9,883

9,265

13,348

16,256

9,553

10,055

4,367

4,881

11,732

3,655

11,134

5,167

11,948

7,750

8,583

11,395

3,881

8,705

7,706

11,040

4,853

3,652

7,444

6,730

9,892

16,078

6,865

7,787

15,777

9,878

12,663

10,432

16,487

10,718

13,898

19,669

17,600

12,801

16,518

9,301

26,116

6,900

9,000

2,500

6,443

27,300

7,900

13,500

8,929

74,900

34,300

116,200

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
703
0
0
0
494
0
619
455
707
2,238
2,406
2,243
1,888
2,392
2,801
3,229
3,452
4,226
4,087
4,481
4,902
5,425
5,654
5,213
5,691
6,459
6,546
6,812
7,435
8,029
8,286
9,192
10,008
11,001
11,747
12,076
11,971
13,337
13,803
12,638
12,882
13,418
13,388
14,121
14,773
15,163
16,010
18,851
20,674
21,572
22,519
23,353
21,779
24,098
25,203
26,188
27,098
19,984
23,175
25,073
27,481
24,089
25,885
27,285
27,475
25,829
22,988
22,390
23,547
23,288
25,786
278,789
284,670

284,670

278,789

25,786

23,288

23,547

22,390

22,988

25,829

27,475

27,285

25,885

24,089

27,481

25,073

23,175

19,984

27,098

26,188

25,203

24,098

21,779

23,353

22,519

21,572

20,674

18,851

16,010

15,163

14,773

14,121

13,388

13,418

12,882

12,638

13,803

13,337

11,971

12,076

11,747

11,001

10,008

9,192

8,286

8,029

7,435

6,812

6,546

6,459

5,691

5,213

5,654

5,425

4,902

4,481

4,087

4,226

3,452

3,229

2,801

2,392

1,888

2,243

2,406

2,238

707

455

619

494

703

Net Receivables

0
0
0
7,367
7,367
0
0
15,630
15,800
0
0
22,078
24,760
25,621
25,181
32,521
28,695
30,095
32,236
32,151
30,051
29,511
31,201
32,540
33,388
36,179
36,438
41,723
45,276
45,177
48,146
51,659
52,192
55,192
56,862
60,807
64,088
62,530
63,703
67,819
69,297
67,230
70,304
72,174
73,147
3,843
4,658
5,753
83,397
2,945
13,855
88,307
13,554
94,155
4,055
6,258
4,816
4,732
6,860
8,395
113,299
7,643
7,113
124,638
132,808
135,330
133,428
137,866
141,842
144,857
146,353
163,645
176,703
185,449
194,885
200,857
208,772
217,963
221,913
232,437
239,600
266,918
277,423
263,317
269,346
273,707
280,568
287,183
310,260
326,463
348,928
364,426
368,886
379,839
392,022
398,665
383,325
394,248
405,943
420,051
433,002
448,817
458,872
472,783
473,796
474,326
477,456
474,588

474,588

477,456

474,326

473,796

472,783

458,872

448,817

433,002

420,051

405,943

394,248

383,325

398,665

392,022

379,839

368,886

364,426

348,928

326,463

310,260

287,183

280,568

273,707

269,346

263,317

277,423

266,918

239,600

232,437

221,913

217,963

208,772

200,857

194,885

185,449

176,703

163,645

146,353

144,857

141,842

137,866

133,428

135,330

132,808

124,638

7,113

7,643

113,299

8,395

6,860

4,732

4,816

6,258

4,055

94,155

13,554

88,307

13,855

2,945

83,397

5,753

4,658

3,843

73,147

72,174

70,304

67,230

69,297

67,819

63,703

62,530

64,088

60,807

56,862

55,192

52,192

51,659

48,146

45,177

45,276

41,723

36,438

36,179

33,388

32,540

31,201

29,511

30,051

32,151

32,236

30,095

28,695

32,521

25,181

25,621

24,760

22,078

15,800

15,630

7,367

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
6,108
8,400
0
0
0
0
0
0
1,491,452
1,467,788
1,494,621
1,530,994
1,559,712
1,559,973
1,593,541
1,639,556
1,670,566
1,731,653
1,802,940
1,832,707
1,929,689
1,952,308
2,024,827
2,028,498
2,028,850
728
71,946
2,936
2,059
32
3,485
3,265
1,461
1,899
1,349
25,436
358
43,140
97
5,884
257,493
36,036
35,317
35,250
65,563
55,186
115,351
37,885
95,560
30,721
38,753
31,278
23,340
292,876
325,071
118,253
67,485
25,673
47,662
228,264
64,257
63,916
36,691
33,912
133,357
19,129
24,284
78,217
35,024
48,083
31,618
29,107
101,332
1,038,512
477,272
31,940
2,667
70,345
78,562
78,105
9,527
-950,154
-836,211
-1,096,250
-984,751

-984,751

-1,096,250

-836,211

-950,154

9,527

78,105

78,562

70,345

2,667

31,940

477,272

1,038,512

101,332

29,107

31,618

48,083

35,024

78,217

24,284

19,129

133,357

33,912

36,691

63,916

64,257

228,264

47,662

25,673

67,485

118,253

325,071

292,876

23,340

31,278

38,753

30,721

95,560

37,885

115,351

55,186

65,563

35,250

35,317

36,036

257,493

5,884

43,140

358

25,436

1,349

1,899

1,461

3,265

3,485

2,059

2,936

71,946

728

2,028,850

2,028,498

2,024,827

1,952,308

1,929,689

1,832,707

1,802,940

1,731,653

1,670,566

1,639,556

1,593,541

1,559,973

1,559,712

1,530,994

1,494,621

1,467,788

1,491,452

8,400

6,108

> Long-term Assets

310,400
410,200
572,500
757,654
912,700
1,015,100
1,063,700
1,105,928
1,178,800
1,208,500
1,244,900
1,320,501
1,346,759
1,423,063
1,414,052
1,457,169
1,444,475
1,453,841
1,460,722
1,457,229
1,506,491
1,510,577
1,518,313
1,506,602
1,511,197
1,497,814
1,505,973
1,512,635
1,509,365
1,489,478
1,479,379
1,599,215
1,580,606
1,606,592
1,644,664
1,674,474
1,684,309
1,713,762
1,759,799
1,799,352
1,854,715
1,927,685
1,963,750
2,068,720
2,085,909
2,087,725
2,099,498
2,099,583
2,000,725
1,985,789
1,977,094
1,980,580
2,007,288
2,425,354
2,515,570
2,789,104
2,823,085
3,129,682
3,314,694
3,326,432
3,422,075
3,704,436
4,069,791
4,219,767
4,442,738
4,504,842
4,492,164
4,664,897
4,804,177
4,977,266
5,061,302
5,350,943
5,286,221
5,339,079
5,546,651
5,550,860
5,681,675
5,744,335
5,778,641
6,199,877
6,253,312
6,277,161
6,248,807
6,452,049
6,621,945
7,001,050
7,137,886
7,285,711
7,480,807
7,666,356
7,867,028
8,432,226
8,536,060
8,619,021
8,689,397
8,751,432
8,280,608
9,044,869
9,657,932
9,708,788
9,703,961
9,820,384
9,875,740
9,953,278
9,995,950
10,049,037
10,096,082
10,121,092

10,121,092

10,096,082

10,049,037

9,995,950

9,953,278

9,875,740

9,820,384

9,703,961

9,708,788

9,657,932

9,044,869

8,280,608

8,751,432

8,689,397

8,619,021

8,536,060

8,432,226

7,867,028

7,666,356

7,480,807

7,285,711

7,137,886

7,001,050

6,621,945

6,452,049

6,248,807

6,277,161

6,253,312

6,199,877

5,778,641

5,744,335

5,681,675

5,550,860

5,546,651

5,339,079

5,286,221

5,350,943

5,061,302

4,977,266

4,804,177

4,664,897

4,492,164

4,504,842

4,442,738

4,219,767

4,069,791

3,704,436

3,422,075

3,326,432

3,314,694

3,129,682

2,823,085

2,789,104

2,515,570

2,425,354

2,007,288

1,980,580

1,977,094

1,985,789

2,000,725

2,099,583

2,099,498

2,087,725

2,085,909

2,068,720

1,963,750

1,927,685

1,854,715

1,799,352

1,759,799

1,713,762

1,684,309

1,674,474

1,644,664

1,606,592

1,580,606

1,599,215

1,479,379

1,489,478

1,509,365

1,512,635

1,505,973

1,497,814

1,511,197

1,506,602

1,518,313

1,510,577

1,506,491

1,457,229

1,460,722

1,453,841

1,444,475

1,457,169

1,414,052

1,423,063

1,346,759

1,320,501

1,244,900

1,208,500

1,178,800

1,105,928

1,063,700

1,015,100

912,700

757,654

572,500

410,200

310,400

Property Plant Equipment

173,600
336,300
469,600
712,910
851,900
968,200
993,000
1,048,847
1,131,300
1,152,700
1,189,000
1,235,811
1,273,372
1,278,155
1,254,894
1,291,145
1,344,590
1,359,800
1,349,608
1,359,329
1,412,920
1,419,163
1,426,629
1,407,715
1,416,604
1,401,307
1,398,580
1,404,914
1,400,746
1,382,120
1,377,680
1,480,665
1,453,352
1,481,923
1,506,963
1,537,374
1,535,794
1,565,843
1,568,773
1,601,466
1,707,373
1,774,745
1,804,868
1,904,624
1,925,630
1,932,062
1,938,826
1,939,244
1,934,559
1,923,937
1,916,948
1,914,107
1,932,322
2,309,363
2,311,754
2,544,442
2,570,649
2,931,982
3,016,100
3,140,343
3,222,949
3,470,672
3,673,625
4,000,879
4,225,712
4,280,949
4,266,951
4,445,990
4,579,047
4,781,447
4,838,474
5,110,268
5,064,190
5,148,368
0
5,333,905
5,464,128
5,498,519
5,537,276
40,395
39,371
39,693
39,889
39,686
38,541
37,799
36,717
36,833
118,837
119,113
83,200
96,348
131,921
149,000
138,632
95,523
136,064
141,529
168,822
127,302
126,946
126,587
126,708
126,530
126,277
126,022
125,765
162,579

162,579

125,765

126,022

126,277

126,530

126,708

126,587

126,946

127,302

168,822

141,529

136,064

95,523

138,632

149,000

131,921

96,348

83,200

119,113

118,837

36,833

36,717

37,799

38,541

39,686

39,889

39,693

39,371

40,395

5,537,276

5,498,519

5,464,128

5,333,905

5,148,368

5,064,190

5,110,268

4,838,474

4,781,447

4,579,047

4,445,990

4,266,951

4,280,949

4,225,712

4,000,879

3,673,625

3,470,672

3,222,949

3,140,343

3,016,100

2,931,982

2,570,649

2,544,442

2,311,754

2,309,363

1,932,322

1,914,107

1,916,948

1,923,937

1,934,559

1,939,244

1,938,826

1,932,062

1,925,630

1,904,624

1,804,868

1,774,745

1,707,373

1,601,466

1,568,773

1,565,843

1,535,794

1,537,374

1,506,963

1,481,923

1,453,352

1,480,665

1,377,680

1,382,120

1,400,746

1,404,914

1,398,580

1,401,307

1,416,604

1,407,715

1,426,629

1,419,163

1,412,920

1,359,329

1,349,608

1,359,800

1,344,590

1,291,145

1,254,894

1,278,155

1,273,372

1,235,811

1,189,000

1,152,700

1,131,300

1,048,847

993,000

968,200

851,900

712,910

469,600

336,300

173,600

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
4,902
5,425
5,654
5,213
0
0
0
0
7,435
8,029
8,286
9,192
10,008
11,001
11,747
12,076
11,971
13,337
13,803
0
12,882
13,418
13,388
14,121
14,773
15,163
16,010
18,851
20,674
21,572
22,519
23,353
21,779
24,098
25,203
26,188
27,098
19,984
23,175
25,073
27,481
24,089
25,885
27,285
27,475
25,829
22,988
22,390
23,547
23,288
25,786
0
0

25,786

23,288

23,547

22,390

22,988

25,829

27,475

27,285

25,885

24,089

27,481

25,073

23,175

19,984

27,098

26,188

25,203

24,098

21,779

23,353

22,519

21,572

20,674

18,851

16,010

15,163

14,773

14,121

13,388

13,418

12,882

13,803

13,337

11,971

12,076

11,747

11,001

10,008

9,192

8,286

8,029

7,435

5,213

5,654

5,425

4,902

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
51,251
49,067
48,575
48,103
50,074
48,853
49,108
48,790
49,019
48,598
46,381
56,629
54,418
53,335
52,282
54,044
53,539
52,151
49,803
49,627
51,832
56,570
98,466
96,691
47,955
46,826
153,231
67,673
155,522
66,570
168,488
187,307
83,324
87,683
78,915
79,419
71,148
72,805
65,584
58,005
60,728
55,567
50,412
46,849
43,540
40,258
39,662
36,515
58,043
202,499
195,320
185,420
37,047
181,567
186,649
183,118
31,474
82,794
82,647
83,200
96,348
96,145
95,940
95,733
95,523
95,312
184,510
229,334
56,540
228,426
217,026
214,484
70,424
238,184
230,559
228,742
54,514

54,514

228,742

230,559

238,184

70,424

214,484

217,026

228,426

56,540

229,334

184,510

95,312

95,523

95,733

95,940

96,145

96,348

83,200

82,647

82,794

31,474

183,118

186,649

181,567

37,047

185,420

195,320

202,499

58,043

36,515

39,662

40,258

43,540

46,849

50,412

55,567

60,728

58,005

65,584

72,805

71,148

79,419

78,915

87,683

83,324

187,307

168,488

66,570

155,522

67,673

153,231

46,826

47,955

96,691

98,466

56,570

51,832

49,627

49,803

52,151

53,539

54,044

52,282

53,335

54,418

56,629

46,381

48,598

49,019

48,790

49,108

48,853

50,074

48,103

48,575

49,067

51,251

Other Assets

310,400
410,200
572,500
-16,296
912,700
1,015,100
1,063,700
-22,073
-15,800
1,208,500
1,244,900
-48,194
-34,061
-42,139
-37,982
-50,121
-48,364
-43,993
-42,954
-48,638
-40,483
-42,174
-41,079
-48,317
-41,175
-43,044
-52,516
-51,615
-52,006
-52,621
-51,798
-56,512
-63,232
-62,898
-65,567
-64,688
-75,483
-71,113
-71,453
-79,767
-74,464
-78,364
-74,414
-84,613
-80,266
-10,616
-16,956
-17,194
2,003,117
1,988,590
1,980,323
1,984,032
2,011,514
2,429,441
2,436,488
2,704,954
2,735,118
3,135,336
3,216,239
3,332,123
3,428,534
3,710,982
4,076,603
4,227,202
4,467,338
4,513,128
4,740,767
4,888,005
4,843,450
5,010,842
5,123,193
5,371,125
5,490,309
5,465,872
5,582,437
5,681,408
5,695,093
5,787,980
5,802,202
6,153,459
6,209,271
6,292,891
6,276,757
6,413,125
1,712,516
2,179,963
2,329,548
2,224,610
2,318,667
209,751
2,094,232
2,482,011
2,522,628
2,318,833
2,147,229
8,860,448
1,962,483
10,022,996
10,853,869
10,602,297
10,236,894
11,177,971
10,547,077
10,511,098
10,524,166
10,767,805
10,395,547
10,617,016

10,617,016

10,395,547

10,767,805

10,524,166

10,511,098

10,547,077

11,177,971

10,236,894

10,602,297

10,853,869

10,022,996

1,962,483

8,860,448

2,147,229

2,318,833

2,522,628

2,482,011

2,094,232

209,751

2,318,667

2,224,610

2,329,548

2,179,963

1,712,516

6,413,125

6,276,757

6,292,891

6,209,271

6,153,459

5,802,202

5,787,980

5,695,093

5,681,408

5,582,437

5,465,872

5,490,309

5,371,125

5,123,193

5,010,842

4,843,450

4,888,005

4,740,767

4,513,128

4,467,338

4,227,202

4,076,603

3,710,982

3,428,534

3,332,123

3,216,239

3,135,336

2,735,118

2,704,954

2,436,488

2,429,441

2,011,514

1,984,032

1,980,323

1,988,590

2,003,117

-17,194

-16,956

-10,616

-80,266

-84,613

-74,414

-78,364

-74,464

-79,767

-71,453

-71,113

-75,483

-64,688

-65,567

-62,898

-63,232

-56,512

-51,798

-52,621

-52,006

-51,615

-52,516

-43,044

-41,175

-48,317

-41,079

-42,174

-40,483

-48,638

-42,954

-43,993

-48,364

-50,121

-37,982

-42,139

-34,061

-48,194

1,244,900

1,208,500

-15,800

-22,073

1,063,700

1,015,100

912,700

-16,296

572,500

410,200

310,400

> Total Liabilities

109,500
210,800
135,300
305,319
331,300
394,000
444,900
449,529
505,200
535,600
572,800
613,519
683,730
531,669
743,097
789,010
787,725
793,361
800,301
799,055
821,249
832,946
847,099
845,934
854,935
841,747
830,111
838,226
844,011
827,621
820,293
912,534
894,685
938,684
983,200
1,031,106
1,043,977
934,672
964,307
1,011,790
1,090,539
1,169,901
1,212,609
1,263,481
1,296,334
1,314,183
1,329,815
1,341,512
1,393,984
1,189,579
1,215,337
1,200,443
1,238,210
1,404,443
1,328,610
1,625,197
1,665,772
1,961,254
1,999,703
2,119,313
2,229,491
2,114,456
2,154,473
2,380,151
2,522,747
2,537,143
2,565,182
2,594,868
2,528,933
2,650,452
2,867,095
2,909,800
2,866,274
2,773,820
3,116,330
2,704,883
2,779,412
2,871,799
2,690,237
2,947,316
3,027,524
3,032,896
2,942,419
2,842,522
3,018,460
3,320,911
3,487,317
3,564,446
3,700,805
3,907,818
4,084,306
4,329,236
4,457,632
4,405,076
4,732,644
4,723,387
4,681,461
4,741,301
4,780,879
4,893,527
4,899,061
4,862,690
4,940,215
5,122,026
5,296,970
5,243,440
5,803,596
5,741,352

5,741,352

5,803,596

5,243,440

5,296,970

5,122,026

4,940,215

4,862,690

4,899,061

4,893,527

4,780,879

4,741,301

4,681,461

4,723,387

4,732,644

4,405,076

4,457,632

4,329,236

4,084,306

3,907,818

3,700,805

3,564,446

3,487,317

3,320,911

3,018,460

2,842,522

2,942,419

3,032,896

3,027,524

2,947,316

2,690,237

2,871,799

2,779,412

2,704,883

3,116,330

2,773,820

2,866,274

2,909,800

2,867,095

2,650,452

2,528,933

2,594,868

2,565,182

2,537,143

2,522,747

2,380,151

2,154,473

2,114,456

2,229,491

2,119,313

1,999,703

1,961,254

1,665,772

1,625,197

1,328,610

1,404,443

1,238,210

1,200,443

1,215,337

1,189,579

1,393,984

1,341,512

1,329,815

1,314,183

1,296,334

1,263,481

1,212,609

1,169,901

1,090,539

1,011,790

964,307

934,672

1,043,977

1,031,106

983,200

938,684

894,685

912,534

820,293

827,621

844,011

838,226

830,111

841,747

854,935

845,934

847,099

832,946

821,249

799,055

800,301

793,361

787,725

789,010

743,097

531,669

683,730

613,519

572,800

535,600

505,200

449,529

444,900

394,000

331,300

305,319

135,300

210,800

109,500

> Total Current Liabilities

44,700
55,700
76,300
87,100
159,700
180,100
183,400
2,200
243,700
243,600
239,700
294,100
284,000
292,200
296,500
290,200
302,900
284,200
293,800
302,000
307,000
296,600
20,143
304,600
19,434
19,491
21,570
272,400
19,332
20,361
19,974
21,605
37,507
36,572
38,070
36,410
40,270
43,297
41,462
25,353
29,923
52,026
56,638
59,187
72,573
75,421
75,012
76,219
338,238
120,827
185,698
69,669
225,500
254,036
87,197
197,421
204,715
89,227
240,104
104,405
239,794
608,012
156,317
339,216
356,169
371,018
386,249
375,483
370,608
405,020
435,089
440,331
426,501
403,928
459,025
458,832
481,019
431,986
472,825
627,137
461,498
468,055
507,210
495,459
473,165
531,201
613,402
631,845
615,797
632,630
684,542
678,058
671,923
651,765
710,878
701,928
660,452
674,264
732,330
699,227
705,184
669,251
747,302
734,036
759,557
705,787
744,273
688,621

688,621

744,273

705,787

759,557

734,036

747,302

669,251

705,184

699,227

732,330

674,264

660,452

701,928

710,878

651,765

671,923

678,058

684,542

632,630

615,797

631,845

613,402

531,201

473,165

495,459

507,210

468,055

461,498

627,137

472,825

431,986

481,019

458,832

459,025

403,928

426,501

440,331

435,089

405,020

370,608

375,483

386,249

371,018

356,169

339,216

156,317

608,012

239,794

104,405

240,104

89,227

204,715

197,421

87,197

254,036

225,500

69,669

185,698

120,827

338,238

76,219

75,012

75,421

72,573

59,187

56,638

52,026

29,923

25,353

41,462

43,297

40,270

36,410

38,070

36,572

37,507

21,605

19,974

20,361

19,332

272,400

21,570

19,491

19,434

304,600

20,143

296,600

307,000

302,000

293,800

284,200

302,900

290,200

296,500

292,200

284,000

294,100

239,700

243,600

243,700

2,200

183,400

180,100

159,700

87,100

76,300

55,700

44,700

Short-term Debt

0
0
0
0
0
0
0
2,200
2,200
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
275,000
0
126,000
-66,890
150,000
150,000
-68,251
159,000
57,000
-118,266
0
-106,698
0
483,097
-120,407
185,000
0
0
0
45,000
0
90,000
0
140,000
130,000
100,000
0
2,225,469
75,000
220,000
2,265,856
2,320,123
2,619,703
2,564,841
60,000
3,584
50,000
295,000
330,000
45,000
185,000
375,000
0
245,000
380,000
0
3,923,830
483,097
3,923,392
3,672,152
3,673,183
125,550
125,414
125,277
125,065
124,994
124,837
783,922
1,465
929,718

929,718

1,465

783,922

124,837

124,994

125,065

125,277

125,414

125,550

3,673,183

3,672,152

3,923,392

483,097

3,923,830

380,000

245,000

375,000

185,000

45,000

330,000

295,000

50,000

3,584

60,000

2,564,841

2,619,703

2,320,123

2,265,856

220,000

75,000

2,225,469

100,000

130,000

140,000

90,000

45,000

185,000

-120,407

483,097

-106,698

-118,266

57,000

159,000

-68,251

150,000

-66,890

126,000

275,000

2,200

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
385,563
0
0
0
2,225,469
0
2,264,155
2,265,856
2,320,123
2,619,703
2,564,841
2,435,209
3,584
2,545,295
2,789,710
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

2,789,710

2,545,295

3,584

2,435,209

2,564,841

2,619,703

2,320,123

2,265,856

2,264,155

2,225,469

385,563

Accounts payable

0
0
0
0
0
0
0
0
0
0
0
0
25,792
32,165
39,177
33,911
39,752
38,554
48,336
53,879
49,745
39,016
37,766
43,917
43,110
41,022
41,742
39,905
40,908
35,976
52,889
72,565
71,874
81,689
96,547
134,558
55,596
60,203
66,230
67,729
90,525
61,497
67,356
58,249
49,295
44,893
58,938
55,066
41,506
32,365
42,565
52,533
58,333
57,792
66,814
68,525
78,847
66,664
93,050
81,713
92,574
98,940
127,472
154,734
171,694
184,821
210,111
198,467
187,631
215,535
243,602
225,830
217,352
199,005
249,980
246,323
265,863
211,196
252,122
202,391
215,469
219,483
271,405
249,637
223,973
278,508
360,674
374,415
373,691
385,567
439,081
418,848
417,547
401,378
458,421
445,100
408,552
429,168
441,357
391,264
391,920
357,253
424,087
392,360
418,902
377,733
426,662
371,179

371,179

426,662

377,733

418,902

392,360

424,087

357,253

391,920

391,264

441,357

429,168

408,552

445,100

458,421

401,378

417,547

418,848

439,081

385,567

373,691

374,415

360,674

278,508

223,973

249,637

271,405

219,483

215,469

202,391

252,122

211,196

265,863

246,323

249,980

199,005

217,352

225,830

243,602

215,535

187,631

198,467

210,111

184,821

171,694

154,734

127,472

98,940

92,574

81,713

93,050

66,664

78,847

68,525

66,814

57,792

58,333

52,533

42,565

32,365

41,506

55,066

58,938

44,893

49,295

58,249

67,356

61,497

90,525

67,729

66,230

60,203

55,596

134,558

96,547

81,689

71,874

72,565

52,889

35,976

40,908

39,905

41,742

41,022

43,110

43,917

37,766

39,016

49,745

53,879

48,336

38,554

39,752

33,911

39,177

32,165

25,792

Other Current Liabilities

44,700
55,700
76,300
87,100
159,700
180,100
183,400
225,700
243,700
243,600
239,700
294,100
284,000
292,200
296,500
290,200
302,900
284,200
293,800
302,000
307,000
296,600
294,800
304,600
297,800
295,600
300,000
272,400
259,800
255,100
269,100
261,100
256,100
262,900
279,300
312,900
227,500
240,900
241,300
245,900
270,800
261,700
272,100
268,400
277,400
274,400
278,500
275,600
-52,356
17,129
-52,119
17,136
-48,488
-25,407
20,383
20,385
20,443
22,563
22,565
22,692
26,622
-114,255
28,845
28,924
29,106
29,236
31,479
31,490
31,456
31,730
31,897
32,899
33,532
33,670
34,993
34,992
35,317
37,733
37,749
222,306
38,983
44,105
43,324
43,448
43,512
47,348
47,411
47,559
47,676
50,800
53,205
53,219
57,620
57,600
59,416
59,431
59,472
59,455
61,845
61,850
61,951
-63,397
-60,794
-60,709
-60,376
-719,484
62,958
-865,278

-865,278

62,958

-719,484

-60,376

-60,709

-60,794

-63,397

61,951

61,850

61,845

59,455

59,472

59,431

59,416

57,600

57,620

53,219

53,205

50,800

47,676

47,559

47,411

47,348

43,512

43,448

43,324

44,105

38,983

222,306

37,749

37,733

35,317

34,992

34,993

33,670

33,532

32,899

31,897

31,730

31,456

31,490

31,479

29,236

29,106

28,924

28,845

-114,255

26,622

22,692

22,565

22,563

20,443

20,385

20,383

-25,407

-48,488

17,136

-52,119

17,129

-52,356

275,600

278,500

274,400

277,400

268,400

272,100

261,700

270,800

245,900

241,300

240,900

227,500

312,900

279,300

262,900

256,100

261,100

269,100

255,100

259,800

272,400

300,000

295,600

297,800

304,600

294,800

296,600

307,000

302,000

293,800

284,200

302,900

290,200

296,500

292,200

284,000

294,100

239,700

243,600

243,700

225,700

183,400

180,100

159,700

87,100

76,300

55,700

44,700

> Long-term Liabilities

109,500
210,800
135,300
305,319
331,300
394,000
444,900
449,529
505,200
535,600
572,800
613,519
683,730
531,669
743,097
789,010
787,725
793,361
800,301
799,055
821,249
832,946
847,099
845,934
854,935
841,747
830,111
838,226
844,011
827,621
820,293
912,534
894,685
938,684
983,200
1,031,106
1,043,977
934,672
964,307
1,011,790
1,090,539
1,169,901
1,212,609
1,263,481
1,296,334
1,314,183
1,329,815
1,341,512
1,055,746
1,068,752
1,000,406
1,130,774
1,012,710
1,150,407
1,241,413
1,427,776
1,461,057
1,872,027
1,759,599
2,014,908
1,989,697
1,506,444
1,998,156
2,040,935
2,166,578
2,166,125
2,178,933
2,219,385
2,158,325
2,245,432
2,432,006
2,469,469
2,439,773
2,369,892
2,657,305
2,246,051
2,298,393
2,439,813
2,217,412
2,320,179
2,566,026
2,564,841
2,435,209
2,347,063
2,545,295
2,789,710
2,873,915
2,932,601
3,085,008
3,275,188
3,399,764
3,651,178
3,785,709
3,753,311
4,021,766
4,021,459
4,021,009
4,067,037
4,048,549
4,194,300
4,193,877
4,193,439
4,192,913
4,387,990
4,537,413
4,537,653
5,059,323
5,052,731

5,052,731

5,059,323

4,537,653

4,537,413

4,387,990

4,192,913

4,193,439

4,193,877

4,194,300

4,048,549

4,067,037

4,021,009

4,021,459

4,021,766

3,753,311

3,785,709

3,651,178

3,399,764

3,275,188

3,085,008

2,932,601

2,873,915

2,789,710

2,545,295

2,347,063

2,435,209

2,564,841

2,566,026

2,320,179

2,217,412

2,439,813

2,298,393

2,246,051

2,657,305

2,369,892

2,439,773

2,469,469

2,432,006

2,245,432

2,158,325

2,219,385

2,178,933

2,166,125

2,166,578

2,040,935

1,998,156

1,506,444

1,989,697

2,014,908

1,759,599

1,872,027

1,461,057

1,427,776

1,241,413

1,150,407

1,012,710

1,130,774

1,000,406

1,068,752

1,055,746

1,341,512

1,329,815

1,314,183

1,296,334

1,263,481

1,212,609

1,169,901

1,090,539

1,011,790

964,307

934,672

1,043,977

1,031,106

983,200

938,684

894,685

912,534

820,293

827,621

844,011

838,226

830,111

841,747

854,935

845,934

847,099

832,946

821,249

799,055

800,301

793,361

787,725

789,010

743,097

531,669

683,730

613,519

572,800

535,600

505,200

449,529

444,900

394,000

331,300

305,319

135,300

210,800

109,500

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
1,268,776
1,404,057
1,435,123
1,759,599
0
0
0
0
1,855,935
2,166,578
2,166,125
2,162,182
2,159,938
2,157,691
2,155,432
2,428,907
2,329,413
2,300,005
2,262,806
0
2,238,508
2,223,393
2,219,492
2,217,338
2,320,123
2,566,026
2,564,841
2,375,209
2,347,063
2,495,295
2,494,710
2,543,915
2,887,601
2,812,761
2,813,106
3,307,236
3,307,778
3,307,462
3,655,218
3,923,830
3,923,681
3,923,392
3,923,152
3,922,873
4,068,750
4,068,463
4,068,162
4,067,848
4,262,996
4,412,576
4,412,975
4,934,806
0

4,934,806

4,412,975

4,412,576

4,262,996

4,067,848

4,068,162

4,068,463

4,068,750

3,922,873

3,923,152

3,923,392

3,923,681

3,923,830

3,655,218

3,307,462

3,307,778

3,307,236

2,813,106

2,812,761

2,887,601

2,543,915

2,494,710

2,495,295

2,347,063

2,375,209

2,564,841

2,566,026

2,320,123

2,217,338

2,219,492

2,223,393

2,238,508

2,262,806

2,300,005

2,329,413

2,428,907

2,155,432

2,157,691

2,159,938

2,162,182

2,166,125

2,166,578

1,855,935

1,759,599

1,435,123

1,404,057

1,268,776

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
73,638
73,638
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

73,638

Other Liabilities

0
0
0
0
0
0
0
0
0
0
0
0
19,083
20,664
16,773
17,810
30,909
16,302
14,643
15,955
15,155
16,737
20,143
24,310
19,434
19,491
21,570
20,904
19,332
20,361
19,974
21,605
37,507
36,572
38,070
36,410
40,270
43,297
41,462
45,253
49,179
69,547
74,500
77,620
93,272
95,807
93,797
95,559
93,234
93,371
87,633
85,120
89,309
97,500
92,027
108,511
105,425
118,266
124,489
119,984
120,598
140,230
156,590
155,558
155,369
156,961
161,410
159,973
152,155
157,755
162,689
181,658
185,385
178,339
174,052
185,060
179,839
183,378
183,028
202,496
207,046
204,467
192,481
202,374
205,680
205,345
205,317
192,898
194,430
196,263
197,167
189,056
196,756
192,787
193,041
197,397
192,428
185,641
229,128
246,113
251,313
250,118
258,944
258,354
276,194
0
253,188
0

253,188

276,194

258,354

258,944

250,118

251,313

246,113

229,128

185,641

192,428

197,397

193,041

192,787

196,756

189,056

197,167

196,263

194,430

192,898

205,317

205,345

205,680

202,374

192,481

204,467

207,046

202,496

183,028

183,378

179,839

185,060

174,052

178,339

185,385

181,658

162,689

157,755

152,155

159,973

161,410

156,961

155,369

155,558

156,590

140,230

120,598

119,984

124,489

118,266

105,425

108,511

92,027

97,500

89,309

85,120

87,633

93,371

93,234

95,559

93,797

95,807

93,272

77,620

74,500

69,547

49,179

45,253

41,462

43,297

40,270

36,410

38,070

36,572

37,507

21,605

19,974

20,361

19,332

20,904

21,570

19,491

19,434

24,310

20,143

16,737

15,155

15,955

14,643

16,302

30,909

17,810

16,773

20,664

19,083

Deferred Long Term Liability

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
159,572
0
0
0
133,143
0
0
0
150,325
0
0
0
146,681
181,567
186,649
183,118
166,100
187,309
203,451
202,063
185,881
204,392
209,637
208,306
210,949
190,721
184,510
229,334
234,458
235,226
217,026
214,484
180,422
238,184
0
228,742
0

228,742

238,184

180,422

214,484

217,026

235,226

234,458

229,334

184,510

190,721

210,949

208,306

209,637

204,392

185,881

202,063

203,451

187,309

166,100

183,118

186,649

181,567

146,681

150,325

133,143

159,572

> Total Stockholder Equity

169,800
166,900
392,100
397,150
456,000
477,600
476,400
475,899
475,300
474,700
478,500
472,929
437,460
665,609
443,948
441,425
439,102
445,726
444,183
440,628
458,264
452,715
450,191
439,971
436,761
436,692
455,219
489,870
482,286
480,258
479,345
552,692
556,244
540,336
534,674
519,268
527,257
661,253
681,516
674,296
653,726
647,748
641,535
693,292
678,374
663,296
666,920
656,065
680,352
868,577
863,665
854,948
845,589
1,119,266
1,101,563
1,086,351
1,071,721
1,270,202
1,261,271
1,293,717
1,690,315
1,693,780
2,019,167
2,189,630
2,185,005
2,186,351
2,468,608
2,461,312
2,529,337
2,566,657
2,563,728
2,666,210
2,800,112
2,852,952
3,172,813
3,170,966
3,328,308
3,330,489
3,463,159
3,542,995
3,759,323
3,756,469
3,689,863
3,700,793
3,686,859
3,802,927
3,804,758
3,929,907
3,914,524
3,915,532
4,264,649
4,293,510
4,992,150
4,972,291
4,968,142
5,029,943
5,458,245
5,446,943
5,444,464
5,440,060
5,425,328
5,412,894
5,439,395
5,437,047
5,433,652
5,434,094
5,433,944
5,428,161

5,428,161

5,433,944

5,434,094

5,433,652

5,437,047

5,439,395

5,412,894

5,425,328

5,440,060

5,444,464

5,446,943

5,458,245

5,029,943

4,968,142

4,972,291

4,992,150

4,293,510

4,264,649

3,915,532

3,914,524

3,929,907

3,804,758

3,802,927

3,686,859

3,700,793

3,689,863

3,756,469

3,759,323

3,542,995

3,463,159

3,330,489

3,328,308

3,170,966

3,172,813

2,852,952

2,800,112

2,666,210

2,563,728

2,566,657

2,529,337

2,461,312

2,468,608

2,186,351

2,185,005

2,189,630

2,019,167

1,693,780

1,690,315

1,293,717

1,261,271

1,270,202

1,071,721

1,086,351

1,101,563

1,119,266

845,589

854,948

863,665

868,577

680,352

656,065

666,920

663,296

678,374

693,292

641,535

647,748

653,726

674,296

681,516

661,253

527,257

519,268

534,674

540,336

556,244

552,692

479,345

480,258

482,286

489,870

455,219

436,692

436,761

439,971

450,191

452,715

458,264

440,628

444,183

445,726

439,102

441,425

443,948

665,609

437,460

472,929

478,500

474,700

475,300

475,899

476,400

477,600

456,000

397,150

392,100

166,900

169,800

Retained Earnings

169,800
166,900
392,100
-6,258
-8,200
-9,600
-10,800
-11,844
-13,500
-14,300
-15,200
-18,553
-20,776
-19,877
-16,102
-19,230
-25,751
-23,742
-27,623
-33,163
-33,305
-42,079
-48,020
-47,629
-50,384
-50,587
-44,423
-53,449
-61,487
-67,689
-71,456
-83,394
-85,387
-101,591
-107,794
-124,214
-126,475
-125,510
-111,105
-119,094
-120,763
-125,820
-134,943
-87,512
-96,636
-109,999
-116,012
-129,319
-148,982
-155,183
-162,391
-180,722
-191,190
-211,555
-230,215
-247,252
-264,848
-285,916
-296,476
-277,450
-234,199
-259,495
-288,765
-129,535
-157,211
-177,484
-201,048
-210,896
-143,636
-145,851
-159,799
-162,964
-154,355
-131,569
-62,850
-70,262
67,981
62,647
78,107
-107,997
-120,207
-132,799
-108,667
-122,685
-130,514
-149,368
-161,654
-48,053
-62,690
-70,345
-78,707
-58,467
-76,182
-113,223
-122,936
-103,133
334,496
311,458
297,250
283,663
274,193
260,020
276,138
265,118
257,079
248,695
237,665
221,149

221,149

237,665

248,695

257,079

265,118

276,138

260,020

274,193

283,663

297,250

311,458

334,496

-103,133

-122,936

-113,223

-76,182

-58,467

-78,707

-70,345

-62,690

-48,053

-161,654

-149,368

-130,514

-122,685

-108,667

-132,799

-120,207

-107,997

78,107

62,647

67,981

-70,262

-62,850

-131,569

-154,355

-162,964

-159,799

-145,851

-143,636

-210,896

-201,048

-177,484

-157,211

-129,535

-288,765

-259,495

-234,199

-277,450

-296,476

-285,916

-264,848

-247,252

-230,215

-211,555

-191,190

-180,722

-162,391

-155,183

-148,982

-129,319

-116,012

-109,999

-96,636

-87,512

-134,943

-125,820

-120,763

-119,094

-111,105

-125,510

-126,475

-124,214

-107,794

-101,591

-85,387

-83,394

-71,456

-67,689

-61,487

-53,449

-44,423

-50,587

-50,384

-47,629

-48,020

-42,079

-33,305

-33,163

-27,623

-23,742

-25,751

-19,230

-16,102

-19,877

-20,776

-18,553

-15,200

-14,300

-13,500

-11,844

-10,800

-9,600

-8,200

-6,258

392,100

166,900

169,800

Accumulated Other Comprehensive Income

0
0
0
-121,780
-121,780
0
0
-145,437
-145,437
0
0
-174,427
-182,453
-189,410
-194,563
-205,332
-5,494
-5,669
-7,454
-5,778
-3,060
-4,679
-5,251
-5,789
-6,372
-7,416
-5,922
-4,358
-4,467
-1,311
-1,067
-121,582
1,084
804
-121,582
-121,582
-121,582
-121,582
-121,582
-121,582
-121,582
-121,582
-121,582
-121,582
-121,582
-121,582
-121,582
-38,425
-121,582
-121,582
-121,582
-121,582
-121,582
-121,582
-121,582
-121,582
-121,582
-121,582
-121,582
-121,582
-96,155
-96,155
-192,411
-192,411
-192,411
-192,411
-192,411
-192,411
-192,411
-192,411
-192,411
-192,411
-192,411
-192,411
-192,411
-192,411
-192,411
-192,411
-192,411
-192,411
-96,256
-96,256
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

-96,256

-192,411

-96,155

-121,582

-38,425

-121,582

804

1,084

-121,582

-1,067

-1,311

-4,467

-4,358

-5,922

-7,416

-6,372

-5,789

-5,251

-4,679

-3,060

-5,778

-7,454

-5,669

-5,494

-205,332

-194,563

-189,410

-182,453

-174,427

-145,437

-121,780

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
1,211,498
1,214,463
1,433,951
1,435,580
0
0
0
0
2,126,005
2,149,052
2,170,667
2,476,424
2,478,975
2,479,740
2,519,268
2,530,282
2,635,900
2,761,176
2,791,226
0
3,047,894
3,066,994
3,074,508
3,191,718
3,457,649
3,782,291
3,792,028
3,797,546
3,822,492
3,816,385
3,951,289
3,965,405
3,976,953
3,976,204
3,984,867
4,342,296
4,350,917
5,067,181
5,084,362
5,089,926
5,131,916
5,122,584
5,134,320
5,146,049
5,155,232
5,149,968
5,151,705
5,162,088
5,170,760
5,175,402
5,184,227
5,195,106
0

5,195,106

5,184,227

5,175,402

5,170,760

5,162,088

5,151,705

5,149,968

5,155,232

5,146,049

5,134,320

5,122,584

5,131,916

5,089,926

5,084,362

5,067,181

4,350,917

4,342,296

3,984,867

3,976,204

3,976,953

3,965,405

3,951,289

3,816,385

3,822,492

3,797,546

3,792,028

3,782,291

3,457,649

3,191,718

3,074,508

3,066,994

3,047,894

2,791,226

2,761,176

2,635,900

2,530,282

2,519,268

2,479,740

2,478,975

2,476,424

2,170,667

2,149,052

2,126,005

1,435,580

1,433,951

1,214,463

1,211,498

Treasury Stock

-1,152,066

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
Accounts Payable	371,179	392,360	391,264	445,100	418,848	374,415	249,637	202,391	246,323	225,830	198,467	154,734	81,713	68,525	52,533	55,066	58,249	67,729	134,558	72,565	39,905	43,917	53,879	33,911	0	0	0	6,641
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
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
Accumulated Other Comprehensive Income	0	0	0	0	0	0	0	-192,411	-192,411	-192,411	-192,411	-192,411	-121,582	-121,582	-121,582	-121,582	-121,582	-121,582	-121,582	345	-4,358	-5,789	-5,778	-205,332	-174,427	-145,437	-121,780	0
Additional Paid In Capital	0	0	0	0	0	0	3,822,492	3,457,649	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	124,353	124,994	125,550	97,778	98,400	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Stock	1,173	1,169	1,165	1,160	1,060	1,007	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	5,170,760	5,155,232	5,131,916	4,350,917	3,976,953	3,822,492	3,457,649	3,047,894	2,635,900	2,478,975	2,126,005	0	1,211,498	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash	510,163	347,379	414,077	731,991	60,044	51,604	57,649	193,418	56,508	23,781	35,377	16,700	4,777	14,840	9,883	9,553	11,732	11,948	3,881	4,853	9,892	15,777	16,487	17,600	26,116	6,443	8,929	0
Cash And Equivalents	0	347,379	414,077	731,991	60,044	51,604	57,649	193,418	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	794,833	370,926	441,552	759,472	87,142	73,383	78,323	208,191	69,390	35,752	45,385	24,135	10,468	19,742	13,335	11,441	12,439	11,948	3,881	4,853	9,892	15,777	16,487	17,600	26,116	6,443	8,929	0
Common Stock	1,173	1,169	1,165	1,160	1,060	1,007	986	932	923	863	822	749	588	523	431	331	328	324	289	286	282	273	274	265	278	276	245	0
Common Stock Shares Outstanding	117,506	117,220	116,949	113,720	103,849	100,482	98,727	93,023	90,396	84,968	79,109	69,640	56,717	49,497	38,732	32,670	32,527	31,390	28,711	28,422	27,738	27,722	27,373	26,755	27,727	27,060	18,571	14,475
Common Stock Total Equity	0	1,169	1,165	1,160	1,060	1,007	986	932	923	863	822	689	588	523	431	331	328	324	289	286	282	273	274	265	278	276	245	0
Current Deferred Revenue	253,002	277,391	246,113	197,397	205,991	209,871	202,374	202,440	177,517	181,602	145,526	155,558	106,698	108,511	66,890	76,219	59,187	25,353	36,410	21,605	20,904	24,310	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
Deferred Long Term Liab	0	180,422	234,458	210,949	185,881	166,100	146,681	150,325	133,143	159,572	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
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
Intangible Assets	54,514	70,424	56,540	14,670	96,348	31,474	37,047	58,043	43,540	60,728	71,148	83,324	155,522	131,066	51,832	53,539	54,418	49,019	50,074	51,251	0	0	0	0	0	0	0	0
Inventory	995,283	-9,527	10,339	1,323,127	458,721	-13,927	-55,108	9,417	117,666	8,211	213,100	-9,949	84,156	0	140,865	0	0	4,512	0	0	0	0	0	0	0	0	0	0
Liabilities And Stockholders Equity	11,401,045	10,796,987	10,583,397	10,000,708	8,900,094	7,765,707	6,802,838	6,706,633	5,939,469	5,633,736	5,111,028	4,616,084	3,446,795	2,816,565	2,084,281	2,099,583	2,068,720	1,799,352	1,674,474	1,599,215	1,512,635	1,506,602	1,457,229	1,457,169	1,320,501	1,105,928	757,654	128,339
Long Term Debt	4,928,378	4,262,996	4,068,750	3,923,681	3,307,778	2,932,601	2,347,063	2,320,123	2,238,508	2,329,413	2,159,938	1,855,935	1,821,286	1,268,776	972,016	1,087,916	1,025,454	848,294	831,437	752,208	677,180	678,209	630,824	718,013	0	0	0	0
Long Term Debt Total	0	4,262,996	4,068,750	3,923,681	3,307,778	2,887,601	2,347,063	2,320,123	2,238,508	2,329,413	2,159,938	1,855,935	0	1,268,776	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long Term Investments	0	23,547	27,475	27,481	27,098	21,779	20,674	14,773	12,882	11,971	10,008	7,435	0	4,902	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
Net Debt	4,542,568	4,040,611	3,780,223	3,289,468	3,591,134	2,880,997	2,289,414	2,126,705	2,182,000	2,445,632	2,169,561	2,024,235	1,816,509	1,412,936	962,133	763,913	639,180	867,250	838,401	796,588	751,156	746,260	698,100	706,088	527,400	401,140	264,434	223,297
Net Invested Capital	10,356,539	9,700,043	9,508,810	8,953,624	7,846,288	6,862,508	6,047,856	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Receivables	474,588	472,783	420,051	398,665	364,426	287,183	263,317	232,437	200,857	163,645	137,866	124,638	8,395	6,258	13,915	5,753	72,174	67,819	60,807	51,659	41,723	32,540	32,151	32,521	22,078	15,630	7,367	3,042
Net Tangible Assets	0	5,437,047	5,440,060	5,029,943	4,293,510	3,898,433	3,663,746	3,292,541	2,978,555	2,473,799	2,268,901	1,997,219	0	1,038,407	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Working Capital	591,332	172,102	233,373	754,938	16,176	74,062	132,724	-120,381	-70,223	-157,538	70,648	57,101	15,958	-1,489,225	82,275	-59,025	25,426	54,414	28,278	34,907	30,711	24,007	-253,362	-241,879	-245,906	19,873	-70,804	-3,599
Non Current Assets Total	10,121,092	9,953,278	9,708,788	8,741,239	8,432,226	7,285,711	6,452,049	6,199,877	5,550,860	5,350,943	4,664,897	4,219,767	3,326,432	2,789,104	1,914,107	2,099,583	2,068,720	1,799,352	1,674,474	1,599,215	1,512,635	1,506,602	1,457,229	1,457,169	1,320,501	1,105,928	757,654	128,339
Non Current Liabilities Other	0	402,385	371,663	295,175	304,391	209,871	202,374	202,496	185,060	181,658	159,973	155,558	0	108,511	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Current Liabilities Total	5,052,731	4,387,990	4,194,300	4,021,459	3,651,178	2,932,601	2,347,063	2,320,179	2,246,051	2,469,469	2,219,385	2,040,935	2,014,908	182,149	1,112,544	1,341,512	1,263,481	1,011,790	1,031,106	912,534	838,226	845,934	799,055	789,010	613,519	449,529	305,319	242,116
Non Currrent Assets Other	9,903,999	9,756,324	9,524,946	8,587,679	55,661	52,873	114,706	70,608	5,494,438	5,278,244	4,583,741	4,129,008	30,567	113,596	-51,832	106,800	109,678	148,867	87,026	67,299	107,721	98,887	97,900	166,024	84,690	57,081	44,744	10,670
Noncontrolling Interest In Consolidated Entity	0	237,914	249,810	247,378	277,348	271,354	259,523	216,322	63,620	57,726	54,848	46,303	0	31,379	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	10,617,016	10,547,077	10,490,745	8,860,448	2,482,011	2,224,610	1,579,489	1,178,958	295,045	179,947	147,759	135,564	120,245	107,655	66,117	-17,194	-84,613	-79,767	-64,688	-56,512	-51,615	-48,317	-48,638	-50,121	-48,194	-22,073	-16,296	-3,042
Other Current Assets	-984,751	9,527	2,667	-1,221,795	-442,421	133,357	64,257	67,485	23,340	95,560	65,563	257,493	358	1,461	2,059	2,028,850	1,929,689	1,670,566	1,559,712	1,491,452	0	6,108	0	0	0	0	0	0
Other Current Liab	-865,278	-60,709	56,296	54,089	48,082	47,559	43,448	222,306	34,992	32,899	31,490	28,924	22,692	-88,126	18,230	274,000	268,400	245,900	312,900	261,100	263,000	304,600	302,000	292,000	294,100	222,400	87,100	0
Other Liab	0	258,354	246,113	197,397	189,056	464,106	202,374	202,440	177,517	214,557	191,463	184,482	142,676	128,896	102,256	116,980	156,479	132,592	188,824	111,093	87,178	24,310	84,468	31,411	0	0	0	0
Other Stockholder Equity	5,205,839	5,170,760	5,155,232	5,131,916	4,350,917	3,976,953	3,822,492	3,650,060	3,240,305	2,828,311	2,671,386	2,318,416	1,570,579	1,333,080	1,035,239	785,053	780,476	793,066	643,193	513,873	508,958	493,116	479,295	460,390	491,204	487,467	403,163	0
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
Preferred Stock Total Equity	0	0	0	0	0	0	0	192,411	192,411	192,411	192,411	192,411	121,582	121,582	121,582	121,582	121,582	121,582	121,582	121,582	38,437	0	0	0	0	0	0	0
Property Plant And Equipment Gross	162,579	126,530	127,302	43,367	35,286	36,833	39,686	40,395	0	0	0	0	3,056,187	2,544,442	1,914,107	1,939,244	1,904,624	1,601,466	1,537,374	1,480,665	1,404,914	1,407,715	1,359,329	1,291,145	1,235,811	1,048,847	712,910	0
Property Plant And Equipment Net	162,579	126,530	127,302	138,890	96,348	36,833	39,686	40,395	0	0	0	0	3,140,343	2,544,442	1,914,107	1,939,244	1,904,624	1,601,466	1,537,374	1,480,665	1,404,914	1,407,715	1,359,329	1,291,145	1,235,811	1,048,847	712,910	117,669
Property Plant Equipment	0	9,513,473	7,399,213	8,391,400	8,067,412	5,013,587	4,760,493	4,947,763	5,333,905	5,110,268	4,445,990	4,000,879	0	2,544,442	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Earnings	221,149	265,118	283,663	-103,133	-58,467	-48,053	-122,685	-107,997	-70,262	-162,964	-210,896	-129,535	-277,450	-247,252	-180,722	-129,319	-87,512	-119,094	-124,214	-83,394	-53,449	-47,629	-33,163	-19,230	-18,553	-11,844	-6,258	-113,777
Retained Earnings Total Equity	0	265,118	283,663	-103,133	-58,467	-48,053	-122,685	-107,997	70,262	162,964	210,896	129,535	0	-247,252	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Long Term Debt	0	0	0	0	0	0	3,584	2,320,123	2,225,469	385,563	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Long Term Debt Total	5,052,731	4,387,990	4,194,300	4,021,459	3,651,178	2,932,601	2,347,063	2,320,123	2,238,508	2,469,413	2,204,938	2,040,935	1,821,286	1,427,776	972,016	773,466	650,912	879,198	842,282	801,441	761,048	762,037	714,587	723,688	553,516	407,583	273,363	223,297
Short Term Debt	929,718	124,994	5,554	5,342	5,137	45,000	3,584	2,320,123	2,225,469	140,000	45,000	102,000	-106,698	1,427,776	-49,754	0	0	0	0	0	0	0	0	0	0	2,200	0	0
Short Term Investments	284,670	23,547	27,475	27,481	27,098	21,779	20,674	14,773	12,882	11,971	10,008	7,435	5,691	4,902	3,452	1,888	707	494	703	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
Total Assets	11,401,045	10,796,987	10,583,397	10,000,708	8,900,094	7,765,707	6,802,838	6,706,633	5,939,469	5,633,736	5,111,028	4,616,084	3,446,795	2,816,565	2,084,281	2,099,583	2,068,720	1,799,352	1,674,474	1,599,215	1,512,635	1,506,602	1,457,229	1,457,169	1,320,501	1,105,928	757,654	128,339
Total Current Assets	1,279,953	843,709	874,609	1,259,469	467,868	479,996	350,789	506,756	388,609	282,793	446,131	396,317	120,363	27,461	170,174	17,194	84,613	79,767	64,688	56,512	51,615	48,317	48,638	50,121	48,194	22,073	16,296	3,042
Total Current Liabilities	688,621	734,036	699,227	701,928	678,058	631,845	495,459	627,137	458,832	440,331	375,483	339,216	104,405	1,516,686	87,899	76,219	59,187	25,353	36,410	21,605	20,904	24,310	302,000	292,000	294,100	2,200	87,100	6,641
Total Liab	5,741,352	5,122,026	4,893,527	4,723,387	4,329,236	3,564,446	2,842,522	2,947,316	2,704,883	2,909,800	2,594,868	2,380,151	2,119,313	1,698,835	1,200,443	1,341,512	1,263,481	1,011,790	1,031,106	912,534	838,226	845,934	799,055	789,010	613,519	449,529	305,319	242,116
Total Permanent Equity	0	0	0	0	0	0	3,960,316	3,759,317	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Stockholder Equity	5,428,161	5,437,047	5,440,060	5,029,943	4,293,510	3,929,907	3,700,793	3,542,995	3,170,966	2,666,210	2,461,312	2,189,630	1,293,717	1,086,351	854,948	656,065	693,292	674,296	519,268	552,692	489,870	439,971	440,628	441,425	472,929	475,899	397,150	-113,777
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
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

	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
Accounts Payable	371,179	426,662	377,733	418,902	392,360	424,087	357,253	391,920	391,264	441,357	429,168	408,552	445,100	458,421	401,378	417,547	418,848	439,081	385,567	373,691	374,415	360,674	278,508	223,973	249,637	271,405	219,483	215,469	202,391	252,122	211,196	265,863	246,323	249,980	199,005	217,352	225,830	243,602	215,535	187,631	198,467	210,111	184,821	171,694	154,734	127,472	98,940	92,574	81,713	93,050	66,664	78,847	68,525	66,814	57,792	58,333	52,533	42,565	32,365	41,506	55,066	58,938	44,893	49,295	58,249	67,356	61,497	90,525	67,729	66,230	60,203	55,596	134,558	96,547	81,689	71,874	72,565	52,889	35,976	40,908	39,905	41,742	41,022	43,110	43,917	37,766	39,016	49,745	53,879	48,336	38,554	39,752	33,911	39,177	32,165	25,792	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Amortization	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
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
Accumulated Other Comprehensive Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-96,256	-96,256	-192,411	-192,411	-192,411	-192,411	-192,411	-192,411	-192,411	-192,411	-192,411	-192,411	-192,411	-192,411	-192,411	-192,411	-192,411	-192,411	-192,411	-192,411	-96,155	-96,155	-121,582	-121,582	-121,582	-121,582	-121,582	-121,582	-121,582	-121,582	-121,582	-121,582	-121,582	-121,582	-38,425	-121,582	-121,582	-121,582	-121,582	-121,582	-121,582	-121,582	-121,582	-121,582	-121,582	-121,582	-121,582	-121,582	804	1,084	-121,582	-1,067	-1,311	-4,467	-4,358	-5,922	-7,416	-6,372	-5,789	-5,251	-4,679	-3,060	-5,778	-7,454	-5,669	-5,494	-205,332	-194,563	-189,410	-182,453	-174,427	0	0	-145,437	-145,437	0	0	-121,780	-121,780	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	3,965,405	3,951,289	3,816,385	3,822,492	3,797,546	3,792,028	3,782,291	3,457,649	3,191,718	3,074,508	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1,152,066	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	124,353	124,517	124,678	124,837	124,994	125,065	125,277	125,414	125,550	125,676	143,885	97,617	97,778	97,936	98,093	98,247	98,400	87,617	87,082	87,247	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
Capital Stock	1,173	1,173	1,172	1,171	1,169	1,169	1,169	1,167	1,165	1,165	1,165	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	5,195,106	5,184,227	5,175,402	5,170,760	5,162,088	5,151,705	5,149,968	5,155,232	5,146,049	5,134,320	5,122,584	5,131,916	5,089,926	5,084,362	5,067,181	4,350,917	4,342,296	3,984,867	3,976,204	3,976,953	3,965,405	3,951,289	3,816,385	3,822,492	3,797,546	3,792,028	3,782,291	3,457,649	3,191,718	3,074,508	3,066,994	3,047,894	0	2,791,226	2,761,176	2,635,900	2,530,282	2,519,268	2,479,740	2,478,975	2,476,424	2,170,667	2,149,052	2,126,005	0	0	0	0	1,435,580	1,433,951	1,214,463	1,211,498	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	510,163	618,794	361,885	476,358	347,379	249,981	210,044	331,685	414,077	348,417	519,307	657,819	731,991	849,009	605,012	762,134	60,044	297,620	52,415	49,693	51,604	86,517	50,817	53,069	57,649	64,954	387,616	478,391	193,418	250,523	26,332	38,645	56,508	567,940	28,142	50,181	23,781	200,431	24,571	95,534	35,377	197,150	107,823	135,676	16,700	16,113	18,111	374,368	4,777	15,481	25,412	6,708	14,840	8,313	29,428	10,736	9,883	9,265	13,348	16,256	9,553	10,055	4,367	4,881	11,732	3,655	11,134	5,167	11,948	7,750	8,583	11,395	3,881	8,705	7,706	11,040	4,853	3,652	7,444	6,730	9,892	16,078	6,865	7,787	15,777	9,878	12,663	10,432	16,487	10,718	13,898	19,669	17,600	12,801	16,518	9,301	26,116	6,900	9,000	2,500	6,443	27,300	7,900	13,500	8,929	74,900	34,300	116,200
Cash And Equivalents	0	618,794	361,885	476,358	347,379	249,981	210,044	331,685	414,077	348,417	519,307	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	794,833	897,583	387,671	499,646	370,926	272,371	233,032	357,514	441,552	375,702	545,192	681,908	759,472	874,082	628,187	782,118	87,142	323,808	77,618	73,791	73,383	109,870	73,336	74,641	78,323	83,805	403,626	493,554	208,191	264,644	39,720	52,063	69,390	580,578	41,945	63,518	35,752	212,507	36,318	106,535	45,385	206,342	116,109	143,705	24,135	22,925	24,657	380,827	10,468	20,694	31,066	12,133	19,742	12,794	33,515	14,962	13,335	12,494	16,149	18,648	11,441	12,298	6,773	7,119	12,439	4,110	11,134	5,167	11,948	7,750	8,583	11,395	3,881	8,705	7,706	11,040	4,853	3,652	7,444	6,730	9,892	16,078	6,865	7,787	15,777	9,878	12,663	10,432	16,487	10,718	13,898	19,669	17,600	12,801	16,518	9,301	26,116	6,900	9,000	2,500	6,443	27,300	7,900	13,500	8,929	74,900	34,300	116,200
Common Stock	1,173	1,173	1,172	1,171	1,169	1,169	1,169	1,167	1,165	1,165	1,165	1,165	1,160	1,152	1,152	1,151	1,060	1,060	1,010	1,010	1,007	1,007	1,006	988	986	984	984	983	932	923	923	922	923	922	884	880	863	834	829	822	822	821	757	753	749	747	689	683	588	585	585	524	523	523	523	431	431	431	431	331	331	331	327	327	328	327	327	327	324	324	321	298	289	289	289	290	286	286	284	283	282	280	274	273	273	278	277	275	274	274	273	270	265	265	265	262	278	300	0	0	276	0	0	0	245	0	0	0
Common Stock Shares Outstanding	117,816	117,495	117,360	117,407	117,389	117,242	117,185	117,060	117,110	116,963	116,917	116,801	116,243	115,668	115,540	107,390	106,748	105,360	101,810	101,443	101,380	101,228	100,151	99,214	99,128	98,912	98,827	98,018	93,590	92,920	92,825	92,735	92,791	92,639	88,646	87,434	85,956	85,110	84,602	84,140	83,761	76,769	77,454	74,977	75,721	71,889	68,345	63,649	58,440	58,355	57,686	52,302	49,513	52,274	50,297	43,015	38,732	42,935	35,965	32,879	32,670	32,535	32,381	32,469	32,527	32,502	32,486	32,485	31,390	32,324	31,172	29,608	28,711	28,760	28,739	28,720	28,422	28,440	28,362	28,303	27,738	27,801	27,545	27,430	27,722	27,839	27,805	27,550	27,373	27,587	27,380	26,971	26,755	26,697	26,348	27,229	27,727	27,949	27,692	27,500	27,060	27,778	27,222	25,429	18,539	19,118	14,643	15,000
Common Stock Total Equity	0	0	1,172	1,171	1,169	1,169	1,169	1,167	1,165	1,165	1,165	1,165	1,160	1,152	1,152	1,151	1,060	1,060	1,010	1,010	1,007	1,007	1,006	988	986	984	984	983	932	923	923	922	923	922	884	880	863	834	829	822	822	821	757	753	749	747	689	683	588	585	585	524	523	523	523	431	431	431	431	331	331	331	327	327	328	327	327	327	324	324	321	298	289	289	289	290	286	286	284	283	282	280	274	273	273	278	277	275	274	274	273	270	265	265	265	262	278	300	0	276	276	0	0	245	245	0	0	0
Current Deferred Revenue	253,002	253,188	263,616	276,194	277,391	258,944	250,118	251,313	246,113	229,128	185,641	192,428	197,397	193,041	192,787	196,756	205,991	192,256	196,263	194,430	209,871	205,317	205,345	205,680	202,374	192,481	204,467	207,046	202,440	182,954	183,057	179,839	177,517	174,052	171,253	175,617	181,602	159,590	157,755	151,521	145,526	144,659	156,961	155,369	155,558	120,407	140,230	120,598	106,698	124,489	118,266	105,425	108,511	68,251	71,651	65,655	66,890	69,252	71,333	74,088	76,219	75,012	75,421	72,573	59,187	56,638	52,026	29,923	25,353	41,462	43,297	40,270	36,410	38,070	36,572	37,507	21,605	19,974	20,361	19,332	0	21,570	19,491	19,434	0	20,143	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
Deferred Long Term Liab	0	228,742	0	238,184	180,422	214,484	217,026	235,226	234,458	229,334	184,510	190,721	210,949	208,306	209,637	204,392	185,881	202,063	203,451	187,309	166,100	183,118	186,649	181,567	146,681	0	0	0	150,325	0	0	0	133,143	0	0	0	159,572	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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
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
Intangible Assets	54,514	228,742	230,559	238,184	70,424	214,484	217,026	228,426	56,540	229,334	184,510	95,312	95,523	95,733	95,940	96,145	96,348	83,200	82,647	82,794	31,474	183,118	186,649	181,567	37,047	185,420	195,320	202,499	58,043	36,515	39,662	40,258	43,540	46,849	50,412	55,567	60,728	58,005	65,584	72,805	71,148	79,419	78,915	87,683	83,324	187,307	168,488	66,570	155,522	67,673	153,231	46,826	47,955	96,691	98,466	56,570	51,832	49,627	49,803	52,151	53,539	54,044	52,282	53,335	54,418	56,629	46,381	48,598	49,019	48,790	49,108	48,853	50,074	48,103	48,575	49,067	51,251	0	0	0	0	0	0	0	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	995,283	1,096,250	0	950,154	-9,527	-65,096	-65,554	0	10,339	0	-26,815	0	-10,193	0	0	0	-18,724	77,751	0	0	-13,927	0	0	-63,916	-55,108	0	0	-18,474	9,417	9,440	30,257	-31,276	117,666	0	81,699	190,751	8,211	49,815	0	28,272	213,100	239,411	-16,076	0	-9,949	166,019	110,689	0	84,156	0	97,958	0	0	0	0	76,406	0	72,623	10,753	0	0	0	0	0	0	0	0	0	4,512	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	11,401,045	11,471,121	10,911,034	10,969,392	10,796,987	10,619,992	10,515,241	10,564,822	10,583,397	10,471,517	10,434,766	10,384,353	10,000,708	9,984,608	9,658,665	9,735,147	8,900,094	8,623,815	8,094,721	7,883,987	7,765,707	7,562,236	7,384,784	6,965,932	6,802,838	6,838,299	6,995,367	6,993,665	6,706,633	6,332,139	6,298,433	6,204,110	5,939,469	6,353,392	5,686,925	5,725,480	5,633,736	5,487,464	5,273,792	5,114,543	5,111,028	5,089,276	4,775,522	4,755,287	4,616,084	4,215,841	3,847,522	3,959,341	3,446,795	3,367,684	3,264,787	2,841,933	2,816,565	2,535,684	2,556,509	2,112,242	2,084,281	2,079,002	2,087,582	2,103,498	2,099,583	2,099,498	2,087,725	2,085,909	2,068,720	1,963,750	1,927,685	1,854,715	1,799,352	1,759,799	1,713,762	1,684,309	1,674,474	1,644,664	1,606,592	1,580,606	1,599,215	1,479,379	1,489,478	1,509,365	1,512,635	1,505,973	1,497,814	1,511,197	1,506,602	1,518,313	1,510,577	1,506,491	1,457,229	1,460,722	1,453,841	1,444,475	1,457,169	1,414,052	1,423,063	1,346,759	1,320,501	1,244,900	1,208,500	1,178,800	1,105,928	1,063,700	1,015,100	912,700	757,654	572,500	410,200	310,400
Long Term Debt	4,928,378	4,934,806	4,412,975	4,412,576	4,262,996	4,067,848	4,068,162	4,068,463	4,068,750	3,922,873	3,923,152	3,923,392	3,923,681	3,923,830	3,655,218	3,307,462	3,307,778	3,307,236	3,188,106	2,812,761	2,887,601	2,543,915	2,494,710	2,495,295	2,347,063	2,375,209	2,564,841	2,566,026	2,320,123	2,217,338	2,219,492	2,223,393	2,238,508	2,657,305	2,262,806	2,300,005	2,329,413	2,428,907	2,155,432	2,157,691	2,159,938	2,162,182	2,166,125	2,166,578	1,855,935	1,841,566	1,775,673	1,789,559	1,821,286	1,759,599	1,435,123	1,404,057	1,268,776	1,149,386	1,155,118	999,763	972,016	965,135	973,076	1,163,874	1,087,916	1,155,658	1,152,061	1,132,303	1,025,454	1,050,143	1,018,247	930,230	848,294	837,005	811,562	929,578	831,437	830,727	818,417	783,563	752,208	730,932	754,806	767,294	687,180	750,839	765,501	776,615	678,209	773,268	761,302	741,186	375,824	722,688	723,947	702,541	723,688	673,556	691,034	625,342	0	0	0	0	0	0	0	0	0	0	0	0
Long Term Debt Total	0	4,934,806	4,412,975	4,412,576	4,262,996	4,067,848	4,068,162	4,068,463	4,068,750	3,922,873	3,923,152	3,923,392	3,923,681	3,923,830	3,655,218	3,307,462	3,307,778	3,307,236	2,813,106	2,812,761	2,887,601	2,543,915	2,494,710	2,495,295	2,347,063	2,375,209	2,564,841	2,566,026	2,320,123	2,217,338	2,219,492	2,223,393	2,238,508	0	2,262,806	2,300,005	2,329,413	2,428,907	2,155,432	2,157,691	2,159,938	2,162,182	2,166,125	2,166,578	1,855,935	0	0	0	0	1,759,599	1,435,123	1,404,057	1,268,776	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long Term Investments	0	0	25,786	23,288	23,547	22,390	22,988	25,829	27,475	27,285	25,885	24,089	27,481	25,073	23,175	19,984	27,098	26,188	25,203	24,098	21,779	23,353	22,519	21,572	20,674	18,851	16,010	15,163	14,773	14,121	13,388	13,418	12,882	0	13,803	13,337	11,971	12,076	11,747	11,001	10,008	9,192	8,286	8,029	7,435	0	0	0	0	5,213	5,654	5,425	4,902	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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
Net Debt	4,542,568	4,440,529	4,175,768	4,061,055	4,040,611	3,942,932	3,983,395	3,862,192	3,780,223	3,700,132	3,547,730	3,363,190	3,289,468	3,172,757	3,148,299	3,023,575	3,591,134	3,097,233	3,222,773	3,035,315	2,880,997	2,787,398	2,738,893	2,492,226	2,289,414	2,370,255	2,177,225	2,087,635	2,126,705	1,966,815	2,413,160	2,259,748	2,182,000	2,089,365	2,334,664	2,379,824	2,445,632	2,228,476	2,220,861	2,062,157	2,169,561	1,965,032	2,058,302	2,030,902	2,024,235	1,825,453	1,757,562	1,415,191	1,816,509	1,744,118	1,654,711	1,454,349	1,412,936	1,141,073	1,125,690	989,027	962,133	955,870	959,728	1,147,618	763,913	764,603	844,694	671,102	639,180	590,628	551,483	925,063	867,250	829,255	802,979	918,183	838,401	822,022	810,711	772,523	796,588	727,280	747,362	760,564	751,156	734,761	758,636	768,828	746,260	763,390	748,639	730,754	698,100	711,970	710,049	682,872	706,088	660,755	674,516	616,041	527,400	526,700	490,300	459,800	401,140	403,900	357,400	297,000	264,434	104,100	187,700	95,900
Net Invested Capital	10,356,539	10,368,750	9,847,069	9,846,228	9,700,043	9,507,243	9,481,056	9,493,791	9,508,810	9,367,337	9,370,095	9,381,637	8,953,624	8,891,972	8,627,509	8,679,612	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	474,588	477,456	474,326	473,796	472,783	458,872	448,817	433,002	420,051	405,943	394,248	383,325	398,665	392,022	379,839	368,886	364,426	348,928	326,463	310,260	287,183	280,568	273,707	269,346	263,317	277,423	266,918	239,600	232,437	221,913	217,963	208,772	200,857	194,885	185,449	176,703	163,645	146,353	144,857	141,842	137,866	133,428	135,330	132,808	124,638	7,113	7,643	113,299	8,395	6,860	4,732	4,816	6,258	4,055	94,155	13,554	88,307	13,855	2,945	83,397	5,753	4,658	3,843	73,147	72,174	70,304	67,230	69,297	67,819	63,703	62,530	64,088	60,807	56,862	55,192	52,192	51,659	48,146	45,177	45,276	41,723	36,438	36,179	33,388	32,540	31,201	29,511	30,051	32,151	32,236	30,095	28,695	32,521	25,181	25,621	24,760	22,078	0	0	15,800	15,630	0	0	7,367	7,367	0	0	0
Net Tangible Assets	0	5,433,944	5,434,094	5,433,652	5,437,047	5,439,395	5,412,894	5,425,328	5,440,060	5,444,464	5,446,943	5,458,245	5,029,943	4,968,142	4,972,291	4,992,150	4,293,510	4,264,649	3,915,532	3,914,524	3,929,907	3,804,758	3,802,927	3,686,859	3,700,793	3,689,863	3,660,213	3,663,067	3,350,584	3,270,748	3,138,078	3,135,897	2,978,555	0	2,660,541	2,607,701	2,473,799	2,371,317	2,374,246	2,336,926	2,268,901	2,276,197	1,993,940	1,992,594	1,997,219	0	0	0	0	1,213,327	1,222,258	1,023,777	1,038,407	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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Working Capital	591,332	630,766	156,210	213,885	172,102	62,046	91,160	155,677	233,373	310,383	968,768	1,635,721	754,938	777,374	580,666	723,920	-210,190	72,245	-204,265	-212,617	-151,849	-189,052	-147,467	-129,178	-144,670	82,282	250,151	278,855	-120,381	80,673	122,112	41,416	-70,223	347,716	-56,082	12,758	-157,538	-8,927	-108,494	-60,242	70,648	210,863	-100,338	-43,620	57,101	-10,267	-464,926	297,472	15,958	-187,114	45,878	-185,867	-169,960	-67,083	-122,881	-120,546	34,032	-83,790	-19,034	-235,465	-59,025	-58,056	-64,805	7,693	25,426	17,776	26,338	44,541	54,414	29,991	27,816	35,213	28,278	27,497	26,326	25,725	34,907	31,824	32,260	32,674	-220,785	30,946	23,553	21,741	-256,283	20,936	-254,426	-266,517	-253,362	-250,846	-240,207	-254,536	-240,079	-258,518	-250,061	-249,939	-245,906	0	0	-227,900	19,873	0	0	0	-70,804	0	0	0
Non Current Assets Total	10,121,092	10,096,082	10,049,037	9,995,950	9,953,278	9,875,740	9,820,384	9,703,961	9,708,788	9,657,932	9,044,869	8,280,608	8,751,432	8,689,397	8,619,021	8,536,060	8,432,226	7,867,028	7,666,356	7,480,807	7,285,711	7,137,886	7,001,050	6,621,945	6,452,049	6,248,807	6,277,161	6,253,312	6,199,877	5,778,641	5,744,335	5,681,675	5,550,860	5,546,651	5,339,079	5,286,221	5,350,943	5,061,302	4,977,266	4,804,177	4,664,897	4,492,164	4,504,842	4,442,738	4,219,767	4,069,791	3,704,436	3,422,075	3,326,432	3,314,694	3,129,682	2,823,085	2,789,104	2,515,570	2,425,354	2,007,288	1,980,580	1,977,094	1,985,789	2,000,725	2,099,583	2,099,498	2,087,725	2,085,909	2,068,720	1,963,750	1,927,685	1,854,715	1,799,352	1,759,799	1,713,762	1,684,309	1,674,474	1,644,664	1,606,592	1,580,606	1,599,215	1,479,379	1,489,478	1,509,365	1,512,635	1,505,973	1,497,814	1,511,197	1,506,602	1,518,313	1,510,577	1,506,491	1,457,229	1,460,722	1,453,841	1,444,475	1,457,169	1,414,052	1,423,063	1,346,759	1,320,501	1,244,900	1,208,500	1,178,800	1,105,928	1,063,700	1,015,100	912,700	757,654	572,500	410,200	310,400
Non Current Liabilities Other	0	0	388,294	401,031	402,385	384,009	375,395	376,727	371,663	354,804	329,526	290,045	295,175	290,977	290,880	295,003	304,391	284,784	283,345	281,677	209,871	205,317	205,345	205,680	202,374	192,481	204,467	207,046	202,496	183,028	183,378	179,839	185,060	0	178,339	185,385	181,658	162,689	157,755	152,155	159,973	161,410	156,961	155,369	155,558	0	0	0	0	124,489	118,266	105,425	108,511	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	0	0	0	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	5,052,731	5,059,323	4,537,653	4,537,413	4,387,990	4,192,913	4,193,439	4,193,877	4,194,300	4,048,549	4,067,037	4,021,009	4,021,459	4,021,766	3,753,311	3,785,709	3,651,178	3,399,764	3,275,188	3,085,008	2,932,601	2,873,915	2,789,710	2,545,295	2,347,063	2,435,209	2,564,841	2,566,026	2,320,179	2,217,412	2,439,813	2,298,393	2,246,051	2,657,305	2,369,892	2,439,773	2,469,469	2,432,006	2,245,432	2,158,325	2,219,385	2,178,933	2,166,125	2,166,578	2,040,935	1,998,156	1,506,444	1,989,697	2,014,908	1,759,599	1,872,027	1,461,057	1,427,776	1,241,413	1,150,407	1,012,710	1,130,774	1,000,406	1,068,752	1,055,746	1,341,512	1,329,815	1,314,183	1,296,334	1,263,481	1,212,609	1,169,901	1,090,539	1,011,790	964,307	934,672	1,043,977	1,031,106	983,200	938,684	894,685	912,534	820,293	827,621	844,011	838,226	830,111	841,747	854,935	845,934	847,099	832,946	821,249	799,055	800,301	793,361	787,725	789,010	743,097	531,669	683,730	613,519	572,800	535,600	505,200	449,529	444,900	394,000	331,300	305,319	135,300	210,800	109,500
Non Currrent Assets Other	9,903,999	9,741,575	9,692,456	9,631,489	9,756,324	9,534,548	9,476,771	9,348,589	9,524,946	9,259,776	8,718,830	8,049,232	8,560,386	8,455,032	8,350,906	8,288,010	55,661	109,707	7,439,393	7,255,078	52,873	7,077,816	6,940,732	107,324	114,706	6,190,067	6,221,458	77,678	70,608	5,728,005	5,691,285	5,627,999	5,494,438	5,487,164	5,274,864	5,217,317	5,278,244	4,991,221	4,899,935	4,720,371	4,583,741	4,403,553	4,417,641	4,347,026	4,129,008	208,859	65,276	21,934	30,567	230,921	44,469	205,610	196,707	107,125	17,525	18,396	14,641	10,519	12,049	14,015	106,800	106,628	103,381	106,944	109,678	102,253	106,559	98,744	148,867	142,236	98,811	99,662	87,026	89,598	76,094	78,187	67,299	101,699	107,358	108,619	107,721	107,393	96,507	94,593	98,887	91,684	91,414	93,571	97,900	111,114	94,041	99,885	166,024	159,158	144,908	73,387	84,690	-1,189,000	-1,152,700	47,500	57,081	-993,000	-968,200	-851,900	44,744	-469,600	-336,300	-173,600
Noncontrolling Interest In Consolidated Entity	0	0	233,500	238,770	237,914	240,382	239,657	240,433	249,810	246,174	246,522	244,647	247,378	283,822	281,298	285,365	277,348	274,860	271,371	268,658	271,354	270,161	260,946	260,613	259,523	206,017	206,002	206,818	216,322	178,743	96,145	96,390	63,620	0	60,153	59,094	57,726	56,641	56,683	56,273	54,848	55,486	52,028	47,535	46,303	0	0	0	0	33,072	33,331	30,802	31,379	0	1,152,066	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	10,617,016	10,395,547	10,767,805	10,524,166	10,511,098	10,547,077	11,177,971	10,236,894	10,602,297	10,853,869	10,022,996	1,962,483	8,860,448	2,147,229	2,318,833	2,522,628	2,482,011	2,094,232	209,751	2,318,667	2,224,610	2,329,548	2,179,963	1,712,516	6,413,125	6,276,757	6,292,891	6,209,271	6,153,459	5,802,202	5,787,980	5,695,093	5,681,408	5,582,437	5,465,872	5,490,309	5,371,125	5,123,193	5,010,842	4,843,450	4,888,005	4,740,767	4,513,128	4,467,338	4,227,202	4,076,603	3,710,982	3,428,534	3,332,123	3,216,239	3,135,336	2,735,118	2,704,954	2,436,488	2,429,441	2,011,514	1,984,032	1,980,323	1,988,590	2,003,117	-17,194	-16,956	-10,616	-80,266	-84,613	-74,414	-78,364	-74,464	-79,767	-71,453	-71,113	-75,483	-64,688	-65,567	-62,898	-63,232	-56,512	-51,798	-52,621	-52,006	-51,615	-52,516	-43,044	-41,175	-48,317	-41,079	-42,174	-40,483	-48,638	-42,954	-43,993	-48,364	-50,121	-37,982	-42,139	-34,061	-48,194	1,244,900	1,208,500	-15,800	-22,073	1,063,700	1,015,100	912,700	-16,296	572,500	410,200	310,400
Other Current Assets	-984,751	-1,096,250	-836,211	-950,154	9,527	78,105	78,562	70,345	2,667	31,940	477,272	1,038,512	101,332	29,107	31,618	48,083	35,024	78,217	24,284	19,129	133,357	33,912	36,691	63,916	64,257	228,264	47,662	25,673	67,485	118,253	325,071	292,876	23,340	31,278	38,753	30,721	95,560	37,885	115,351	55,186	65,563	35,250	35,317	36,036	257,493	5,884	97	43,140	358	25,436	1,349	1,899	1,461	3,265	3,485	32	2,059	2,936	71,946	728	2,028,850	2,028,498	2,024,827	1,952,308	1,929,689	1,832,707	1,802,940	1,731,653	1,670,566	1,639,556	1,593,541	1,559,973	1,559,712	1,530,994	1,494,621	1,467,788	1,491,452	0	0	0	0	0	0	8,400	6,108	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	-865,278	62,958	-719,484	-60,376	-60,709	-60,794	-63,397	61,951	61,850	61,845	59,455	59,472	59,431	59,416	57,600	57,620	53,219	53,205	50,800	47,676	47,559	47,411	47,348	43,512	43,448	43,324	44,105	38,983	222,306	37,749	37,733	35,317	34,992	34,993	33,670	33,532	32,899	31,897	31,730	31,456	31,490	31,479	29,236	29,106	28,924	28,845	-114,255	26,622	22,692	22,565	22,563	20,443	20,385	20,383	-25,407	-48,488	17,136	-52,119	17,129	-52,356	275,600	278,500	274,400	277,400	268,400	272,100	261,700	270,800	245,900	241,300	240,900	227,500	312,900	279,300	262,900	256,100	261,100	269,100	255,100	259,800	272,400	300,000	295,600	297,800	304,600	294,800	296,600	307,000	302,000	293,800	284,200	302,900	290,200	296,500	292,200	284,000	294,100	239,700	243,600	243,700	225,700	183,400	180,100	159,700	87,100	76,300	55,700	44,700
Other Liab	0	253,188	0	276,194	258,354	258,944	250,118	251,313	246,113	229,128	185,641	192,428	197,397	193,041	192,787	196,756	189,056	197,167	196,263	194,430	192,898	205,317	205,345	205,680	202,374	192,481	204,467	207,046	202,496	183,028	183,378	179,839	185,060	174,052	178,339	185,385	181,658	162,689	157,755	152,155	159,973	161,410	156,961	155,369	155,558	156,590	140,230	120,598	119,984	124,489	118,266	105,425	108,511	92,027	97,500	89,309	85,120	87,633	93,371	93,234	95,559	93,797	95,807	93,272	77,620	74,500	69,547	49,179	45,253	41,462	43,297	40,270	36,410	38,070	36,572	37,507	21,605	19,974	20,361	19,332	20,904	21,570	19,491	19,434	24,310	20,143	16,737	15,155	15,955	14,643	16,302	30,909	17,810	16,773	20,664	19,083	0	0	0	0	0	0	0	0	0	0	0	0
Other Stockholder Equity	5,205,839	5,195,106	5,184,227	5,175,402	5,170,760	5,162,088	5,151,705	5,149,968	5,155,232	5,146,049	5,134,320	5,122,584	5,131,916	5,089,926	5,084,362	5,067,181	4,350,917	4,342,296	3,984,867	3,976,204	3,976,953	3,965,405	3,951,289	3,816,385	3,822,492	3,797,546	3,888,284	3,878,547	3,650,060	3,384,129	3,266,919	3,259,405	3,240,305	3,234,741	2,983,637	2,953,587	2,828,311	2,722,693	2,711,679	2,672,151	2,671,386	2,668,835	2,363,078	2,341,463	2,318,416	2,307,185	1,952,586	1,923,831	1,570,579	1,557,162	1,555,533	1,336,045	1,333,080	1,331,255	1,330,298	1,036,348	1,035,239	1,025,625	1,023,329	829,003	785,053	782,601	772,968	774,683	780,476	776,151	773,241	774,162	793,066	792,297	786,442	653,434	643,193	642,179	519,252	518,675	635,800	513,157	510,549	509,520	508,958	505,284	494,421	493,244	493,116	503,184	499,196	494,354	479,295	478,986	474,864	470,077	460,390	459,785	685,221	457,974	491,204	493,400	489,000	488,800	487,467	487,200	487,200	464,200	403,163	45,100	32,500	31,100
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
Preferred Stock Total Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	96,256	96,256	0	0	96,256	96,256	192,411	192,411	192,411	192,411	192,411	192,411	192,411	192,411	192,411	192,411	192,411	192,411	192,411	192,411	192,411	192,411	192,411	192,411	96,155	222,655	121,582	121,582	121,582	121,582	121,582	121,582	121,582	121,582	121,582	121,582	121,582	121,582	121,582	121,582	121,582	121,582	121,582	121,582	121,582	121,582	121,582	121,582	121,582	121,582	121,582	121,582	121,582	121,582	121,582	38,425	38,425	38,437	38,437	0	0	0	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	162,579	125,765	126,022	126,277	126,530	126,708	0	0	0	0	182,208	136,064	43,367	42,899	53,060	35,776	35,286	36,192	36,466	36,043	36,833	36,717	37,799	38,541	39,686	39,889	39,693	39,371	40,395	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	3,673,625	3,470,672	3,222,949	3,056,187	3,016,100	2,931,982	2,570,649	2,544,442	2,311,754	2,309,363	1,932,322	1,914,107	1,916,948	1,923,937	1,934,559	1,939,244	1,938,826	1,932,062	1,925,630	1,904,624	1,804,868	1,774,745	1,707,373	1,601,466	1,568,773	1,565,843	1,535,794	1,537,374	1,506,963	1,481,923	1,453,352	1,480,665	1,377,680	1,382,120	1,400,746	1,404,914	1,398,580	1,401,307	1,416,604	1,407,715	1,426,629	1,419,163	1,412,920	1,359,329	1,349,608	1,359,800	1,344,590	1,291,145	1,254,894	1,278,155	1,273,372	1,235,811	1,189,000	1,152,700	1,131,300	1,048,847	993,000	968,200	851,900	712,910	469,600	336,300	173,600
Property Plant And Equipment Net	162,579	125,765	126,022	126,277	126,530	126,708	126,587	126,946	127,302	168,822	141,529	136,064	95,523	138,632	149,000	131,921	96,348	83,200	119,113	118,837	36,833	36,717	37,799	38,541	39,686	39,889	39,693	39,371	40,395	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	3,673,625	3,470,672	3,222,949	3,140,343	3,016,100	2,931,982	2,570,649	2,544,442	2,311,754	2,309,363	1,932,322	1,914,107	1,916,948	1,923,937	1,934,559	1,939,244	1,938,826	1,932,062	1,925,630	1,904,624	1,804,868	1,774,745	1,707,373	1,601,466	1,568,773	1,565,843	1,535,794	1,537,374	1,506,963	1,481,923	1,453,352	1,480,665	1,377,680	1,382,120	1,400,746	1,404,914	1,398,580	1,401,307	1,416,604	1,407,715	1,426,629	1,419,163	1,412,920	1,359,329	1,349,608	1,359,800	1,344,590	1,291,145	1,254,894	1,278,155	1,273,372	1,235,811	1,189,000	1,152,700	1,131,300	1,048,847	993,000	968,200	851,900	712,910	469,600	336,300	173,600
Property Plant Equipment	0	9,845,139	9,783,529	9,567,867	9,513,473	7,413,089	7,265,296	9,348,589	7,399,213	7,149,691	6,515,329	7,953,823	8,391,400	8,342,459	8,260,384	8,199,747	8,067,412	5,699,281	7,343,792	7,174,661	7,035,264	6,918,051	6,776,602	6,333,054	6,153,615	6,023,498	6,042,148	5,973,135	5,920,901	5,537,276	5,498,519	5,464,128	5,333,905	0	5,148,368	5,064,190	5,110,268	4,838,474	4,781,447	4,579,047	4,445,990	4,266,951	4,280,949	4,225,712	4,000,879	0	0	0	0	3,016,100	2,931,982	2,570,649	2,544,442	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	221,149	237,665	248,695	257,079	265,118	276,138	260,020	274,193	283,663	297,250	311,458	334,496	-103,133	-122,936	-113,223	-76,182	-58,467	-78,707	-70,345	-62,690	-48,053	-161,654	-149,368	-130,514	-122,685	-108,667	-132,799	-120,207	-107,997	78,107	62,647	67,981	-70,262	-62,850	-131,569	-154,355	-162,964	-159,799	-145,851	-143,636	-210,896	-201,048	-177,484	-157,211	-129,535	-288,765	-259,495	-234,199	-277,450	-296,476	-285,916	-264,848	-247,252	-230,215	-211,555	-191,190	-180,722	-162,391	-155,183	-148,982	-129,319	-116,012	-109,999	-96,636	-87,512	-134,943	-125,820	-120,763	-119,094	-111,105	-125,510	-126,475	-124,214	-107,794	-101,591	-85,387	-83,394	-71,456	-67,689	-61,487	-53,449	-44,423	-50,587	-50,384	-47,629	-48,020	-42,079	-33,305	-33,163	-27,623	-23,742	-25,751	-19,230	-16,102	-19,877	-20,776	-18,553	-15,200	-14,300	-13,500	-11,844	-10,800	-9,600	-8,200	-6,258	392,100	166,900	169,800
Retained Earnings Total Equity	0	0	248,695	257,079	265,118	276,138	260,020	274,193	283,663	297,250	311,458	334,496	-103,133	-122,936	-113,223	-76,182	-58,467	-78,707	-70,345	-62,690	-48,053	-161,654	-149,368	-130,514	-122,685	-108,667	-132,799	-120,207	-107,997	78,107	62,647	67,981	70,262	0	131,569	154,355	162,964	159,799	145,851	143,636	210,896	201,048	177,484	157,211	129,535	0	0	0	0	296,476	-285,916	-264,848	-247,252	0	1,152,066	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	0	0	0	0	0	2,789,710	2,545,295	3,584	2,435,209	2,564,841	2,619,703	2,320,123	2,265,856	2,264,155	0	2,225,469	0	0	0	385,563	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	5,052,731	5,059,323	4,537,653	4,537,413	4,387,990	4,192,913	4,193,439	4,193,877	4,194,300	4,048,549	4,067,037	4,021,009	4,021,459	4,021,766	3,753,311	3,785,709	3,651,178	3,394,853	3,275,188	3,085,008	2,932,601	2,873,915	2,789,710	2,545,295	2,347,063	2,435,209	2,564,841	2,566,026	2,320,123	2,217,338	2,439,492	2,298,393	2,238,508	2,657,305	2,362,806	2,430,005	2,469,413	2,428,907	2,245,432	2,157,691	2,204,938	2,162,182	2,166,125	2,166,578	2,040,935	1,841,566	1,775,673	1,789,559	1,821,286	1,759,599	1,680,123	1,461,057	1,427,776	1,149,386	1,155,118	999,763	972,016	965,135	973,076	1,163,874	773,466	774,658	849,061	675,983	650,912	594,283	562,617	930,230	879,198	837,005	811,562	929,578	842,282	830,727	818,417	783,563	801,441	730,932	754,806	767,294	761,048	750,839	765,501	776,615	762,037	773,268	761,302	741,186	714,587	722,688	723,947	702,541	723,688	673,556	691,034	625,342	553,516	526,700	490,300	459,800	407,583	403,900	357,400	297,000	273,363	104,100	187,700	95,900
Short Term Debt	929,718	1,465	783,922	124,837	124,994	125,065	125,277	125,414	125,550	3,673,183	3,672,152	3,923,392	483,097	3,923,830	0	380,000	245,000	0	375,000	185,000	45,000	330,000	295,000	50,000	3,584	60,000	2,564,841	2,619,703	2,320,123	2,265,856	220,000	75,000	2,225,469	0	100,000	130,000	140,000	0	90,000	0	45,000	0	0	0	185,000	-120,407	483,097	0	-106,698	0	-118,266	57,000	159,000	-68,251	150,000	150,000	-66,890	126,000	0	275,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	2,200	2,200	0	0	0	0	0	0	0
Short Term Investments	284,670	278,789	25,786	23,288	23,547	22,390	22,988	25,829	27,475	27,285	25,885	24,089	27,481	25,073	23,175	19,984	27,098	26,188	25,203	24,098	21,779	23,353	22,519	21,572	20,674	18,851	16,010	15,163	14,773	14,121	13,388	13,418	12,882	12,638	13,803	13,337	11,971	12,076	11,747	11,001	10,008	9,192	8,286	8,029	7,435	6,812	6,546	6,459	5,691	5,213	5,654	5,425	4,902	4,481	4,087	4,226	3,452	3,229	2,801	2,392	1,888	2,243	2,406	2,238	707	455	619	0	494	0	0	0	703	0	0	0	0	0	0	0	0	0	0	0	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	1,152,066	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	11,401,045	11,471,121	10,911,034	10,969,392	10,796,987	10,619,992	10,515,241	10,564,822	10,583,397	10,471,517	10,434,766	10,384,353	10,000,708	9,984,608	9,658,665	9,735,147	8,900,094	8,623,815	8,094,721	7,883,987	7,765,707	7,562,236	7,384,784	6,965,932	6,802,838	6,838,299	6,995,367	6,993,665	6,706,633	6,332,139	6,298,433	6,204,110	5,939,469	6,353,392	5,686,925	5,725,480	5,633,736	5,487,464	5,273,792	5,114,543	5,111,028	5,089,276	4,775,522	4,755,287	4,616,084	4,215,841	3,847,522	3,959,341	3,446,795	3,367,684	3,264,787	2,841,933	2,816,565	2,535,684	2,556,509	2,112,242	2,084,281	2,079,002	2,087,582	2,103,498	2,099,583	2,099,498	2,087,725	2,085,909	2,068,720	1,963,750	1,927,685	1,854,715	1,799,352	1,759,799	1,713,762	1,684,309	1,674,474	1,644,664	1,606,592	1,580,606	1,599,215	1,479,379	1,489,478	1,509,365	1,512,635	1,505,973	1,497,814	1,511,197	1,506,602	1,518,313	1,510,577	1,506,491	1,457,229	1,460,722	1,453,841	1,444,475	1,457,169	1,414,052	1,423,063	1,346,759	1,320,501	1,244,900	1,208,500	1,178,800	1,105,928	1,063,700	1,015,100	912,700	757,654	572,500	410,200	310,400
Total Current Assets	1,279,953	1,375,039	861,997	973,442	843,709	744,252	694,857	860,861	874,609	813,585	1,389,897	2,103,745	1,249,276	1,295,211	1,039,644	1,199,087	467,868	756,787	428,365	403,180	479,996	424,350	383,734	343,987	350,789	589,492	718,206	740,353	506,756	553,498	554,098	522,435	388,609	806,741	347,846	439,259	282,793	426,162	296,526	310,366	446,131	597,112	270,680	312,549	396,317	146,050	143,086	537,266	120,363	52,990	135,105	18,848	27,461	20,114	131,155	104,954	103,701	101,908	101,793	102,773	17,194	16,956	10,616	80,266	84,613	74,414	78,364	74,464	79,767	71,453	71,113	75,483	64,688	65,567	62,898	63,232	56,512	51,798	52,621	52,006	51,615	52,516	43,044	41,175	48,317	41,079	42,174	40,483	48,638	42,954	43,993	48,364	50,121	37,982	42,139	34,061	48,194	0	0	15,800	22,073	0	0	0	16,296	0	0	0
Total Current Liabilities	688,621	744,273	705,787	759,557	734,036	747,302	669,251	705,184	699,227	732,330	674,264	660,452	701,928	710,878	651,765	671,923	678,058	684,542	632,630	615,797	631,845	613,402	531,201	473,165	495,459	507,210	468,055	461,498	627,137	472,825	431,986	481,019	458,832	459,025	403,928	426,501	440,331	435,089	405,020	370,608	375,483	386,249	371,018	356,169	339,216	156,317	608,012	239,794	104,405	240,104	89,227	204,715	197,421	87,197	254,036	225,500	69,669	185,698	120,827	338,238	76,219	75,012	75,421	72,573	59,187	56,638	52,026	29,923	25,353	41,462	43,297	40,270	36,410	38,070	36,572	37,507	21,605	19,974	20,361	19,332	272,400	21,570	19,491	19,434	304,600	20,143	296,600	307,000	302,000	293,800	284,200	302,900	290,200	296,500	292,200	284,000	294,100	239,700	243,600	243,700	2,200	183,400	180,100	159,700	87,100	76,300	55,700	44,700
Total Liab	5,741,352	5,803,596	5,243,440	5,296,970	5,122,026	4,940,215	4,862,690	4,899,061	4,893,527	4,780,879	4,741,301	4,681,461	4,723,387	4,732,644	4,405,076	4,457,632	4,329,236	4,084,306	3,907,818	3,700,805	3,564,446	3,487,317	3,320,911	3,018,460	2,842,522	2,942,419	3,032,896	3,027,524	2,947,316	2,690,237	2,871,799	2,779,412	2,704,883	3,116,330	2,773,820	2,866,274	2,909,800	2,867,095	2,650,452	2,528,933	2,594,868	2,565,182	2,537,143	2,522,747	2,380,151	2,154,473	2,114,456	2,229,491	2,119,313	1,999,703	1,961,254	1,665,772	1,625,197	1,328,610	1,404,443	1,238,210	1,200,443	1,215,337	1,189,579	1,393,984	1,341,512	1,329,815	1,314,183	1,296,334	1,263,481	1,212,609	1,169,901	1,090,539	1,011,790	964,307	934,672	1,043,977	1,031,106	983,200	938,684	894,685	912,534	820,293	827,621	844,011	838,226	830,111	841,747	854,935	845,934	847,099	832,946	821,249	799,055	800,301	793,361	787,725	789,010	743,097	531,669	683,730	613,519	572,800	535,600	505,200	449,529	444,900	394,000	331,300	305,319	135,300	210,800	109,500
Total Permanent Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	4,074,919	4,063,873	3,947,472	3,960,316	3,895,880	3,962,471	3,966,141	3,759,317	3,641,902	3,426,634	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1,152,066	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	5,428,161	5,433,944	5,434,094	5,433,652	5,437,047	5,439,395	5,412,894	5,425,328	5,440,060	5,444,464	5,446,943	5,458,245	5,029,943	4,968,142	4,972,291	4,992,150	4,293,510	4,264,649	3,915,532	3,914,524	3,929,907	3,804,758	3,802,927	3,686,859	3,700,793	3,689,863	3,756,469	3,759,323	3,542,995	3,463,159	3,330,489	3,328,308	3,170,966	3,172,813	2,852,952	2,800,112	2,666,210	2,563,728	2,566,657	2,529,337	2,461,312	2,468,608	2,186,351	2,185,005	2,189,630	2,019,167	1,693,780	1,690,315	1,293,717	1,261,271	1,270,202	1,071,721	1,086,351	1,101,563	1,119,266	845,589	854,948	863,665	868,577	680,352	656,065	666,920	663,296	678,374	693,292	641,535	647,748	653,726	674,296	681,516	661,253	527,257	519,268	534,674	540,336	556,244	552,692	479,345	480,258	482,286	489,870	455,219	436,692	436,761	439,971	450,191	452,715	458,264	440,628	444,183	445,726	439,102	441,425	443,948	665,609	437,460	472,929	478,500	474,700	475,300	475,899	476,400	477,600	456,000	397,150	392,100	166,900	169,800
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	-1,152,066	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	73,638	73,638	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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
Begin Period Cash Flow	347,379	427,083	823,130	76,344	171,034	66,798	250,129	56,508	23,781	35,377	16,700	4,777	14,840	9,883	9,553	11,732	11,948	3,881	4,853	9,892	15,777	16,487	17,600	26,116	6,443	8,929	0	0
Capital Expenditures	543,819	586,609	1,797,804	616,065	1,352,700	1,224,315	505,694	890,253	646,599	901,592	755,465	958,470	694,557	730,551	54,165	94,754	386,910	287,194	209,434	229,753	84,915	115,610	139,352	182,290	442,803	681,425	1,093,542	4,754
Cash And Cash Equivalents Changes	0	-79,704	-396,047	746,786	-94,690	104,236	-183,331	136,910	32,727	-11,596	18,677	11,923	0	4,957	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash Flows Other Operating	0	-5,011	2,841	25,092	-17,226	-7,930	-17,732	-5,214	-118,035	367	-4,615	-7,996	0	-5,314	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change In Cash	162,784	-79,704	-396,047	746,786	-94,690	104,236	-183,331	136,910	32,727	-11,596	18,677	11,923	-10,063	4,957	330	-2,179	-216	8,067	-972	-5,039	-5,885	-710	-1,113	-8,516	19,673	-2,486	8,929	-3,166
Change In Working Capital	-521	35,835	36,923	24,476	9,699	40,415	-11,837	14,284	4,411	17,000	35,522	16,023	-2,655	-17,172	-6,185	-276	17,586	-74,292	36,542	12,278	-22,445	-14,972	4,913	-26,426	6,777	-1,365	-10,915	1,971
Change Receivables	0	0	0	0	0	0	0	0	0	0	0	0	0	-3,038	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Account Receivables	0	0	0	0	0	0	0	0	0	0	0	0	0	-3,038	0	0	-9,479	-11,784	-11,986	-13,381	-14,424	-17,958	-9,954	-22,148	-10,800	-10,600	-11,700	-1,600
Change To Inventory	0	0	0	0	0	0	0	0	0	0	0	0	0	-6,289	0	0	0	-80,816	37,451	15,412	-17,670	-16,863	7,292	0	0	-432	-2,678	-739
Change To Liabilities	0	48,441	43,000	28,161	24,175	48,345	5,895	19,498	12,496	16,633	40,137	17,320	0	-5,450	0	0	0	0	0	0	0	0	0	7,143	0	0	0	0
Change To Netincome	0	-35,213	-470,827	-73,117	-81,818	-135,487	-46,275	-175,713	-45,417	-145,041	-27,823	-274,898	0	7,133	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Operating Activities	0	35,835	36,923	24,476	9,699	40,415	-11,837	14,284	4,411	17,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	356,302	358,383	311,284	300,133	273,813	254,282	245,886	217,234	204,294	204,478	201,487	169,900	136,597	103,809	87,652	83,275	86,421	69,750	67,826	62,071	59,831	64,495	54,103	42,377	33,794	26,200	14,023	9,111
Dividends Paid	255,430	247,556	237,355	224,578	196,252	179,411	348,106	150,694	140,089	131,713	124,767	111,551	95,201	84,420	87,000	95,269	91,785	85,964	80,825	67,355	63,057	61,609	57,317	54,150	53,597	48,843	21,702	5,218
End Period Cash Flow	510,163	347,379	427,083	823,130	76,344	171,034	66,798	193,418	56,508	23,781	35,377	16,700	4,777	14,840	9,883	9,553	11,732	11,948	3,881	4,853	9,892	15,777	16,487	17,600	26,116	6,443	8,929	0
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
Free Cash Flow	58,770	5,626	-1,281,401	-160,475	-966,179	-814,272	-158,682	-545,199	-374,591	-656,339	-514,889	-777,746	-556,301	-610,724	70,800	49,727	-239,410	-225,624	-93,432	-121,709	11,031	-20,056	-33,270	-108,281	-358,168	-607,996	-1,064,614	766
Investments	-806,816	-553,193	1,000	-1,000	-1,228,279	51,100	-359,102	-635,435	1,998	-1,983	-2,596	5,000	0	10,679	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issuance Of Capital Stock	0	0	-10	721,665	353,722	130,693	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	188,013	120,329	365,566	616,403	571,868	25,052	95,860	-231,804	505,000	55,000	-12,225	0	374,811	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	238,288	259,493	658,910	207,293	215,229	277,926	180,615	303,798	238,604	61,886	32,313	17,856	67,489	19,886	38,015	44,121	113,822	81,864	33,819	29,939	49,612	40,312	38,431	46,846	39,895	38,822	21,558	-6,828
Other Cashflows From Financing Activities	-41,021	157,299	-38,074	940,456	1,590,463	1,523,786	983,188	934,883	658,009	952,949	350,645	943,166	1,003,670	1,288,238	293,048	-857	448,809	46,679	92,977	346,506	143,656	244,440	-8,401	-31,050	209,668	-4,189	236,530	21,143
Other Cashflows From Investing Activities	0	33,416	1,048,927	74,937	124,421	364,300	51,100	-14,198	381,849	402,139	251,541	160,587	0	-53,001	0	909	141,775	0	0	0	0	0	0	0	0	0	0	0
Other Non Cash Items	-39,891	-89,823	-75,065	-90,018	-98,992	-44,321	-46,795	-40,153	-55,868	-38,446	-29,981	-23,984	-21,961	543	-9,547	2,176	-70,329	-15,752	-22,185	3,756	8,948	5,719	8,635	11,212	4,169	9,772	4,262	1,266
Sale Purchase Of Stock	-11,595	-22,934	-21,888	-14,082	-14,556	-16,553	-212,986	-8,875	-7,081	-3,533	-2,520	-10,750	-1,152	-3,417	-2,725	-14,798	-31,681	-2,891	-1,756	-46,275	-36,714	-11,398	53,502	-41,266	-49,171	242,000	-22	0
Stock Based Compensation	36,858	28,347	33,800	30,245	27,007	-9,748	-8,528	-7,166	-8,449	-8,328	-7,777	-6,699	4,482	6,031	12,253	15,137	0	0	0	0	0	0	0	0	0	0	0	0
Total Cash From Financing Activities	360,595	-118,746	-164,573	833,324	747,068	503,108	-171,241	427,291	23,471	244,587	284,621	537,705	485,964	586,904	-74,161	-52,835	97,086	82,690	-41,292	16,103	-50,992	-32,533	-33,789	35,206	127,833	267,802	531,957	-3,166
Total Cash From Operating Activities	602,589	592,235	516,403	455,590	386,521	410,043	347,012	345,054	272,008	245,253	240,576	180,724	138,256	119,827	124,965	144,481	147,500	61,570	116,002	108,044	95,946	95,554	106,082	74,009	84,635	73,429	28,928	5,520
Total Cashflows From Investing Activities	0	-553,193	-747,877	-542,128	-1,228,279	-808,915	-359,102	-579,420	-262,752	-501,436	-506,520	-706,506	-634,283	-701,774	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
Begin Period Cash Flow	618,794	361,885	476,358	347,379	262,990	223,052	344,692	427,083	361,459	969,764	1,686,578	823,130	865,309	621,312	778,434	76,344	303,920	58,715	55,993	171,034	86,517	50,817	53,069	66,798	244,230	395,865	485,590	250,129	250,523	26,332	38,645	56,508	567,940	28,142	50,181	23,781	200,431	24,571	95,534	35,377	197,150	107,823	135,676	16,700	16,113	18,111	374,368	4,777	15,481	25,412	6,708	14,840	8,313	29,428	10,736	9,883	9,265	13,348	16,256	9,553	10,055	4,367	4,881	11,732	3,655	11,134	5,167	11,948	7,750	8,583	11,395	3,881	8,705	7,706	11,040	4,853	3,652	7,444	6,730	9,892	16,078	6,865	7,787	15,777	9,878	12,663	10,432	16,487	10,718	13,898	19,669	17,600	12,801	16,518	9,301	26,116	6,900	9,000	0	6,400	19,400	0	0	8,900	40,600	0	116,100	0
Capital Expenditures	136,172	148,257	138,042	121,348	146,339	127,551	143,345	169,374	146,329	737,418	713,490	200,567	140,364	101,360	162,929	211,412	658,243	260,150	220,775	213,532	382,815	141,054	442,691	257,755	172,980	130,931	112,380	89,403	496,918	76,742	193,440	123,153	132,318	211,820	137,871	164,590	310,960	158,929	219,936	211,767	233,331	258,352	79,150	184,632	288,162	252,593	224,551	193,164	153,032	122,394	363,432	55,699	285,903	402,942	5,177	36,529	13,989	11,493	13,668	15,015	19,206	24,108	44,025	7,415	183,226	385	75,771	127,528	171,407	45,103	43,002	27,682	64,704	114,077	13,765	16,888	186,528	18,684	15,044	9,497	20,042	18,942	23,097	22,834	26,834	37,127	21,702	29,947	50,720	24,204	33,831	30,597	45,380	49,680	46,528	40,702	289,803	56,500	34,600	61,900	399,825	31,000	119,700	130,900	744,342	129,900	159,700	59,600
Cash And Cash Equivalents Changes	0	0	-114,473	128,979	84,389	39,938	-121,640	-82,391	65,624	-608,305	-716,814	863,448	-42,179	243,997	-157,122	702,090	-227,576	245,205	2,722	-115,041	84,517	35,700	-2,252	-13,729	-177,432	-151,635	-89,725	235,461	-57,105	224,191	-12,313	-17,863	0	0	-22,039	26,400	-176,650	175,860	-70,963	60,157	-161,773	89,327	-27,853	118,976	0	0	0	0	0	-9,931	18,704	-8,132	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-8,097	7,545	-5,559	3,125	-5,938	3,361	329	1,911	-3,856	4,457	7,040	-14,764	16,228	16,588	10,758	-9,644	-6,559	-11,781	1,233	-3,650	-873	-4,640	-762	-9,552	-5,607	-1,811	2,049	-1,192	138,358	-144,429	0	0	-32,107	-8,421	1,162	4,254	900	-5,949	1,820	-307	1,262	-7,390	0	0	0	0	0	-6,388	-1,477	-9,152	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-108,631	256,909	-114,473	128,979	84,389	39,938	-121,640	-82,391	65,624	-608,305	-716,814	863,448	-42,179	243,997	-157,122	702,090	-227,576	245,205	2,722	-115,041	84,517	35,700	-2,252	-13,729	-177,432	-151,635	-89,725	235,461	-57,105	224,191	-12,313	-17,863	-511,432	539,798	-22,039	26,400	-176,650	175,860	-70,963	60,157	-161,773	89,327	-27,853	118,976	587	-1,998	-356,257	369,591	-10,704	-9,931	18,704	-8,132	6,527	-21,115	18,692	853	618	-4,083	-2,908	6,703	-502	5,688	-514	-6,851	8,077	-7,479	5,967	-6,781	4,198	-833	-2,812	7,514	-4,824	999	-3,334	6,187	1,201	-3,792	714	-3,162	-6,186	9,213	-922	-7,990	5,899	-2,785	2,231	-6,055	5,769	-3,180	-5,771	2,069	4,799	-3,717	7,217	-16,815	19,216	-2,100	6,600	-6,400	-20,886	19,400	-5,500	-8,900	-65,971	40,600	-81,800	116,100
Change In Working Capital	-38,257	60,713	-48,062	25,085	-35,260	61,766	-37,165	46,494	-27,440	67,915	-34,409	30,857	-19,256	29,304	-1,747	16,175	-9,970	39,702	-26,753	6,720	12,468	31,860	-2,871	-1,042	-19,722	7,728	-7,823	7,980	6,103	24,108	-20,198	4,271	-2,839	16,383	-6,257	-2,876	-7,876	33,386	3,140	-11,650	-887	26,639	-1,421	11,191	-13,413	26,469	-8,120	11,087	-1,282	18,059	-26,142	6,710	-11,149	1,186	-8,686	1,477	2,260	3,218	-3,579	-8,084	-4,497	13,178	1,897	-10,854	-12,184	22,100	5,723	1,947	-4,472	2,727	3,469	-76,016	15,291	20,050	8,694	-7,493	7,779	12,658	-2,235	-5,924	-9,171	1,748	-3,686	-11,336	158	840	-11,231	-4,739	6,265	1,655	-11,808	8,801	-20,480	1,445	3,459	-10,850	11,377	2,800	-5,800	-1,600	-3,565	6,200	-3,000	-1,000	5,485	-1,200	-5,000	-10,200
Change Receivables	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-2,402	-36	1,416	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Account Receivables	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1,022	-2,402	-36	1,416	0	0	-483	0	0	0	0	0	3,186	0	3,081	-6,267	-3,432	-3,464	2,188	-4,771	-4,390	-1,597	996	-6,793	-2,358	134	-2,203	-7,559	-4,788	-3,382	-744	-4,467	-6,387	-2,323	-567	-5,147	-9,839	-2,948	-3,571	-1,600	-4,330	-3,575	1,001	-3,050	-7,497	-3,692	-4,441	-6,518	-8,200	2,600	-2,900	-2,300	-4,700	-1,300	-3,300	-1,300	-1,600	-4,900	-5,400	200
Change To Inventory	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-10,525	0	0	0	0	0	0	0	0	-12,116	0	0	0	-8,658	0	6,955	-4,389	-4,792	3,935	164	-80,123	17,006	17,837	9,485	-6,877	7,858	14,236	-2,644	-4,038	-7,794	-284	-3,482	-6,110	3,561	-3,500	-12,497	-4,427	2,971	5,699	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Liabilities	0	0	-36,969	22,236	-27,977	61,954	-29,373	43,837	-27,130	70,060	-29,077	29,147	-19,816	47,540	-7,772	8,209	-20,246	48,914	-19,595	15,102	11,235	35,510	-1,998	3,598	-18,960	17,280	-2,216	9,791	4,054	25,300	-12,566	2,710	0	0	-5,578	5,545	-9,038	29,132	2,240	-5,701	-2,707	26,946	-2,683	18,581	0	0	0	0	0	26,529	-23,655	15,622	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	289	7,143	11,920	6,219	687	0	0	0	0	0	0	0	0	0	0	0	0
Change To Netincome	0	9,582	1,998	2,130	-1,280	-19,116	-4,501	-8,591	1,756	3,344	-2,701	-466,703	-45,517	-12,397	-1,991	-13,212	-46,124	-12,670	-17,340	-5,684	-144,809	2,245	9,103	-2,026	3,529	-41,969	-2,728	-4,436	-972	-17,402	-149,450	-4,748	-164,089	0	-4,757	-33,147	-24,790	-9,609	-19,070	-91,572	-15,414	-3,828	-4,186	-4,395	0	0	0	0	0	-11,623	1,024	609	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	60,713	60,713	60,713	-35,260	61,766	-37,165	46,494	-27,440	67,915	-34,409	30,857	-19,256	29,304	-1,747	16,175	-9,970	39,702	-26,753	6,720	12,468	31,860	-2,871	-1,042	-11,837	7,728	-7,823	-1,811	14,284	-1,192	-7,632	0	4,411	0	0	0	17,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	86,275	85,481	90,617	93,929	91,574	81,019	96,774	89,016	87,664	73,675	73,802	76,143	73,200	72,070	80,290	74,573	69,743	69,392	68,399	66,279	64,861	62,700	64,006	62,715	60,149	62,567	62,251	60,919	56,782	56,666	53,346	50,440	51,727	49,422	51,658	51,487	53,869	50,640	50,767	49,202	51,142	50,650	49,304	50,391	46,250	46,274	40,624	36,752	38,787	36,251	32,248	29,311	29,095	30,054	23,722	20,938	21,019	21,968	23,480	21,185	21,212	20,661	17,415	23,987	36,340	15,530	13,804	20,747	17,243	18,293	17,381	16,833	16,076	17,646	16,988	17,116	15,890	15,679	15,391	15,111	15,554	15,243	14,092	14,942	15,658	15,723	19,510	13,604	13,826	13,227	13,069	13,981	13,468	9,941	9,645	9,323	11,194	7,900	7,500	7,200	7,000	6,800	6,500	5,900	4,823	3,700	3,000	2,500
Dividends Paid	63,931	63,897	63,867	63,735	63,734	61,372	61,289	61,161	61,159	58,802	58,800	58,594	58,592	56,799	56,788	52,399	52,440	49,954	46,862	46,996	46,772	46,708	42,898	43,033	42,704	44,304	39,264	221,834	39,214	38,920	36,303	36,257	36,241	34,912	34,777	34,159	33,235	32,989	32,615	32,874	32,677	31,466	30,355	30,269	30,182	27,904	28,475	24,990	24,862	24,864	22,751	22,724	22,724	22,706	19,486	19,504	19,502	19,504	23,988	24,006	24,007	24,009	24,054	23,199	23,195	23,196	23,195	22,199	22,197	22,200	21,122	20,445	20,447	20,433	21,829	18,116	16,881	16,862	16,860	16,752	15,960	15,733	15,694	15,670	15,921	15,891	15,163	14,634	14,634	14,558	14,524	13,601	13,591	13,591	13,511	13,457	13,597	13,500	13,600	12,900	12,843	12,800	12,400	10,800	10,602	7,400	0	0
End Period Cash Flow	510,163	618,794	361,885	476,358	347,379	262,990	223,052	344,692	427,083	361,459	969,764	1,686,578	823,130	865,309	621,312	778,434	76,344	303,920	58,715	55,993	171,034	86,517	50,817	53,069	66,798	244,230	395,865	485,590	193,418	250,523	26,332	38,645	56,508	567,940	28,142	50,181	23,781	200,431	24,571	95,534	35,377	197,150	107,823	135,676	16,700	16,113	18,111	374,368	4,777	15,481	25,412	6,708	14,840	8,313	29,428	10,736	9,883	9,265	13,348	16,256	9,553	10,055	4,367	4,881	11,732	3,655	11,134	5,167	11,948	7,750	8,583	11,395	3,881	8,705	7,706	11,040	4,853	3,652	7,444	6,730	9,892	16,078	6,865	7,787	15,777	9,878	12,663	10,432	16,487	10,718	13,898	19,669	17,600	12,801	16,518	9,301	26,116	6,900	6,600	0	-20,886	19,400	-5,500	0	-65,971	40,600	-81,800	116,100
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
Free Cash Flow	-25,949	60,559	-36,628	60,788	-38,334	77,730	-43,055	9,285	-37,486	-546,324	-641,176	-56,415	-48,754	38,598	-61,847	-88,472	-573,112	-124,420	-154,905	-113,742	-289,987	-12,682	-347,957	-163,646	-102,510	-32,805	-30,339	6,972	-404,469	38,234	-134,015	-44,949	-62,922	-126,036	-76,022	-109,611	-262,971	-68,527	-158,155	-166,686	-179,065	-179,046	-28,645	-128,133	-254,765	-183,899	-194,660	-144,422	-128,841	-64,794	-350,764	-11,902	-261,004	-365,402	18,643	-2,961	12,976	25,605	18,129	14,090	9,833	27,214	-11,415	24,095	-152,465	41,737	-35,816	-92,866	-141,873	-11,376	-127	-72,248	-38,338	-76,522	16,055	5,373	-156,352	16,300	9,048	9,295	-6,437	24,861	-2,957	-4,436	3,956	-10,124	-5,784	-8,104	-19,986	658	-18,533	4,591	-30,827	-28,146	-22,965	-26,343	-263,468	-34,100	-16,700	-43,900	-380,896	-10,400	-102,200	-114,500	-731,714	-119,400	-154,100	-59,400
Investments	-139,923	-401,087	-138,042	-121,348	-146,339	-94,135	-143,345	-169,374	-110,761	-732,418	-716,948	812,250	-1,000	-101,360	-162,929	-211,412	-501,095	-49,998	-203,504	-213,532	36,000	0	5,000	10,100	-5,410	-4,390	-17,250	-8,850	1,000	-56,805	5,987	-5,085	-1,002	0	-9,899	3,099	-2,983	1,000	0	0	1,404	-4,000	0	0	0	0	0	0	0	5,500	-16,500	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
Issuance Of Capital Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Borrowings	0	529,260	-2,221	147,349	195,242	-3,878	-1,381	-1,687	132,117	-1,342	-1,329	-1,551	-1,681	267,073	-33,400	133,574	243,405	119,717	189,153	64,128	46,816	83,660	242,730	198,662	-94,228	-135,816	-1,833	245,429	102,440	-223,252	142,227	72,286	-226,990	0	-66,671	-38,869	289,922	178,843	-53,765	90,000	45,000	-175,000	157,887	27,113	0	0	0	0	0	75,033	182,154	32,269	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	53,046	58,737	61,275	65,230	59,475	86,660	53,975	59,383	55,126	53,493	42,880	507,411	83,452	54,071	24,352	45,418	77,922	48,298	47,215	41,794	166,890	38,310	31,755	40,971	32,540	75,488	35,306	37,281	35,418	56,375	33,892	178,113	29,308	106,704	58,590	44,002	19,899	13,716	16,454	11,817	11,218	9,027	9,680	2,388	-65,615	2,523	2,277	78,671	44,860	14,290	3,472	4,867	5,384	3,669	1,956	8,877	671	12,230	13,341	11,773	8,294	15,578	7,983	12,266	68,015	11,431	15,496	18,880	11,585	33,973	20,375	15,931	755	16,982	937	15,145	3,390	11,141	8,639	6,769	5,287	20,039	13,357	10,929	13,963	7,885	4,957	13,507	7,625	9,283	15,097	6,426	8,786	15,679	12,803	9,578	8,295	10,900	10,800	9,900	10,222	9,900	9,800	8,900	8,358	6,400	4,100	2,700
Other Cashflows From Financing Activities	-7,241	-14,291	-11,201	141,712	187,879	-8,173	-7,255	-15,152	442,246	-6,555	-12,051	-11,907	-7,262	416,916	343,570	187,232	476,762	697,784	-1,904	-7,243	-8,773	197,306	533,493	-2,630	470,601	61,128	-719	252,178	438,658	190,012	-623	-337	3,001	394,836	100,087	160,085	179,591	-3,801	125,337	-418	-409	9,572	-549	297,031	91,022	259,504	317,631	275,009	247,524	-2,551	476,974	867	-4,317	-7,977	768,074	1,420	191,048	33,044	225,606	35,000	-121,222	77,829	-224	-299	458,072	260,304	563,571	-110	-14,084	38,679	-2,084	86,697	-32	-131	13,321	-13,681	224,344	101,122	-92,704	113,744	57,321	-32,880	-1,712	-748	-20,518	-2,298	-30	-9,075	-11,749	-15,487	8,858	28,099	7,732	-29,619	-517	-1,270	62,797	52,600	33,400	93,100	-2,089	46,300	75,500	58,500	-1,570	1,000	89,800	91,600
Other Cashflows From Investing Activities	0	-252,830	0	0	33,416	33,416	0	0	35,568	1,014,359	1,009,359	1,012,817	74,937	0	0	0	107,150	-32,727	17,271	0	343,300	15,000	21,000	15,100	51,100	170,627	0	11,865	-15,310	257,066	9,655	1,505	1,998	3,200	140,059	84,182	1,465	90,835	794	309,045	7,071	51,517	-9,555	202,508	6,751	0	0	0	0	-13,659	-6,695	-21,423	0	0	0	0	0	108	71	35	909	806	597	32	141,775	51,642	51,642	46,825	0	0	0	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
Other Non Cash Items	-6,961	-7,352	-10,989	-12,151	-14,496	-32,583	-21,254	-21,490	-19,373	-15,144	-18,665	-21,883	-20,997	-23,290	-19,235	-26,496	-36,231	-25,360	-20,824	-16,577	-15,164	-10,304	-9,528	-9,325	-11,262	-13,222	-11,743	-10,568	-9,617	-7,205	-11,601	-11,730	-11,793	-10,085	-11,739	-22,251	-19,069	-9,004	-5,317	-5,056	-7,807	-7,347	-7,074	-7,753	-6,600	-5,858	-10,575	-951	-21,331	434	1,837	1,777	1,569	822	4,008	570	608	-318	-1,445	1,424	217	1,905	5,315	6,111	-61,410	-6,939	4,932	-6,912	5,178	-21,266	1,650	-1,314	-5,756	-17,123	3,201	-2,507	3,117	-4,494	2,297	2,836	1,935	6,773	-3,623	3,863	1,011	2,555	2,682	-529	3,018	697	-1,060	5,980	12,779	-5,531	-2,344	6,308	-4,531	800	5,400	2,500	5,272	-2,300	4,200	2,600	-6,038	1,600	3,500	5,200
Sale Purchase Of Stock	0	-1,892	-1,340	-8,363	-13	-267	-8,660	-13,994	-469	-282	-21,137	-21,137	-195	-3,353	-735	-9,799	-287	-1,651	-488	-12,130	718,537	-2,911	119,873	-13,642	200,000	-101,344	-628	-111,014	-2,001	-991	-264	-5,619	-3,960	-1,285	-15	-1,821	-672	-329	-1,015	-1,517	-707	-135	-469	-1,209	191,486	-75,133	-126,500	-603	-416	-4	221,015	-732	130,535	-1,296	299,847	-2,121	0	0	0	-2,725	-28	0	-4,135	-10,635	-29,050	0	0	-2,631	62,975	5,000	-92,500	-2,891	-56,174	15,000	-11	-1,745	-45,000	0	-5	-1,270	-35,000	121,077	948	-1,714	0	26,540	22,000	216,423	41,289	403	7,558	9,282	4	-15	12	-41,267	0	0	0	0	36,000	0	0	25,000	141,978	-90,000	0	0
Stock Based Compensation	8,498	10,596	7,721	10,043	6,712	8,419	7,960	5,256	7,314	9,071	9,538	7,877	5,955	5,979	11,528	6,783	33,248	-1,826	-2,321	-2,094	-2,101	-2,166	-2,938	-2,543	-2,502	-2,423	-1,191	-2,412	-2,038	-1,885	-1,640	-1,603	-1,680	-1,740	-3,101	-1,928	-2,112	-1,766	-2,716	-1,734	-1,762	-1,938	-2,030	-2,047	-12,243	2,125	2,132	1,287	1,117	1,126	1,133	1,106	703	1,809	1,813	1,706	4,339	0	0	2,807	15,185	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-78,931	449,180	-77,845	68,191	122,723	-71,208	-78,585	-91,676	67,542	-66,981	-72,180	-92,954	-67,362	205,399	-95,275	790,562	188,388	419,623	140,356	-1,299	-4,796	48,382	319,705	139,817	-69,512	-285,067	-42,136	225,474	361,674	-71,109	106,060	30,666	-454,742	505,660	-76,177	48,730	87,839	152,552	86,398	-82,202	8,817	271,063	-14,289	19,030	132,373	169,039	-181,640	417,933	46,173	50,165	380,418	9,208	248,747	-38,108	371,516	4,749	-13,272	-27,380	-26,143	-7,366	-11,315	-20,813	-8,864	-11,843	32,459	8,172	30,363	26,092	19,996	3,116	-4,352	63,930	-8,924	-7,658	12,335	-37,045	90,425	-34,808	-27,057	-12,457	251	-19,701	-27,988	-3,554	-38,371	-6,415	8,015	4,238	4,641	-30,404	-2,284	-5,742	36,901	-60,703	51,676	7,332	48,033	20,700	19,400	39,700	20,102	32,800	84,600	130,300	122,557	144,300	89,600	175,500
Total Cash From Operating Activities	110,223	208,816	101,414	182,136	108,005	205,281	100,290	178,659	108,843	191,094	72,314	144,152	91,610	139,958	101,082	122,940	85,131	135,730	65,870	99,790	92,828	128,372	94,734	94,109	70,470	98,126	82,041	96,375	92,449	114,976	59,425	78,204	69,396	85,784	61,849	54,979	47,989	90,402	61,781	45,081	54,266	79,306	50,505	56,499	33,397	68,694	29,891	48,742	24,191	57,600	12,668	43,797	24,899	37,540	23,820	33,568	26,965	37,098	31,797	29,105	29,039	51,322	32,610	31,510	30,761	42,122	39,955	34,662	29,534	33,727	42,875	-44,566	26,366	37,555	29,820	22,261	30,176	34,984	24,092	18,792	13,605	43,803	20,140	18,398	30,790	27,003	15,918	21,843	30,734	24,862	15,298	35,188	14,553	21,534	23,563	14,359	26,335	22,400	17,900	18,000	18,929	20,600	17,500	16,400	12,628	10,500	5,600	200
Total Cashflows From Investing Activities	0	-660,477	-259,390	-121,348	-146,339	-94,135	-143,345	-169,374	-110,761	-732,418	-716,948	812,250	-66,427	-101,360	-162,929	-211,412	-501,095	-310,148	-203,504	-213,532	-3,515	-141,054	-416,691	-247,655	-178,390	35,306	-129,630	-86,388	-511,228	180,324	-177,798	-126,733	-337,241	-136,666	-7,711	-77,309	-312,478	-67,094	-219,142	97,278	-224,856	-261,042	-64,069	43,447	-706,506	-541,323	-301,592	0	-634,283	-117,696	-374,382	-61,137	0	0	-414,108	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	21,052	0	0	0	0	0	0	0	0	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
Cost Of Revenue	351,070	321,057	269,581	260,720	253,862	210,783	202,757	172,577	158,697	148,786	140,266	117,004	72,869	85,561	49,709	70,983	62,845	61,802	57,441	51,829	49,652	46,347	45,299	91,820	0	0	0	0
Depreciation And Amortization	356,302	357,611	310,043	299,308	273,130	254,281	245,886	217,234	204,294	202,417	192,734	162,917	136,597	103,809	87,627	83,275	86,421	69,750	67,826	62,071	59,831	64,495	54,103	42,377	33,794	26,200	14,023	9,111
Discontinued Operations	0	0	0	0	0	0	0	0	0	124,495	28,728	271,654	0	949	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Ebit	352,504	326,442	286,583	242,529	226,964	186,078	212,011	197,496	169,717	124,873	93,669	89,498	98,055	91,538	70,755	91,782	82,571	91,977	48,693	74,293	99,682	81,160	93,777	95,293	82,380	70,562	36,581	15,025
Ebitda	708,806	684,053	596,626	541,837	500,094	440,359	457,897	414,730	374,011	327,290	286,403	252,415	234,652	195,347	158,382	175,057	168,992	161,727	116,519	136,364	159,513	145,655	147,880	137,670	116,174	96,762	50,604	24,136
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
Extraordinary Items	0	0	0	0	0	0	0	0	0	121,872	28,099	265,084	60,663	919	2,160	534	73,258	38,582	27,368	5,957	3,939	8,252	0	0	0	0	0	0
Gross Profit	778,624	775,930	685,459	637,677	583,592	536,515	516,244	469,995	422,578	372,939	324,832	287,908	294,262	216,419	229,725	218,985	195,627	189,442	184,274	169,570	178,134	155,748	164,346	187,113	159,700	136,284	69,182	39,176
Income Before Tax	238,288	259,493	658,910	207,293	215,229	277,926	180,615	303,798	238,604	59,313	15,837	5,447	5,059	18,937	36,990	44,121	113,822	81,864	33,819	29,939	49,612	40,312	38,431	46,846	39,895	38,822	24,762	13,267
Income Tax Expense	119,615	84,278	109,321	90,960	68,323	19,511	16,003	10,010	4,523	-120,906	-28,043	-265,467	-60,956	-771	-36,990	-44,121	-113,822	-81,864	-33,819	-29,939	-49,612	-40,312	-38,431	-46,846	-39,895	-38,822	-24,762	-13,267
Interest Expense	114,216	84,278	78,555	70,772	48,537	50,280	66,040	55,803	57,682	67,571	75,870	79,114	89,409	59,941	46,119	40,366	37,502	43,541	39,153	37,647	33,385	35,640	41,679	0	0	0	0	0
Interest Income	13,160	1,765	3,916	3,424	4,641	559	5,503	1,764	57,439	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	-27,135	-26,878	-30,766	20,188	3,766	271,354	259,523	216,322	4,339	3,589	685	3,158	5,295	5,736	6,512	7,736	7,717	8,380	5,177	13,706	21,016	15,252	21,703	20,604	0	0	0	0
Net Income	212,241	175,215	628,144	116,333	146,906	258,415	164,612	293,788	234,081	180,219	43,880	270,914	66,015	19,708	36,990	44,121	113,822	81,864	33,819	29,939	49,612	40,312	38,431	46,846	39,895	38,822	24,762	13,267
Net Income Applicable To Common Shares	0	232,615	628,144	187,105	195,443	256,411	149,274	276,699	220,831	166,969	30,630	249,826	0	4,512	19,634	33,979	30,956	33,674	0	18,848	45,324	32,060	39,823	46,846	0	0	0	0
Net Income From Continuing Ops	244,717	259,493	658,910	207,293	215,229	277,926	180,615	303,798	238,604	59,313	15,837	5,447	0	18,937	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Interest Income	-92,281	-82,513	-74,639	-67,348	-43,896	-50,280	-60,537	-54,039	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	19,094	454,798	38,960	41,443	141,569	40,147	165,771	127,309	4,051	1,635	848	0	-3,600	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Recurring	0	0	0	0	0	5,685	3,269	1,902	1,042	1,537	2,366	153	0	-1,063	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Operating Income	-2,083	326,442	286,583	242,529	226,964	186,078	206,508	195,732	169,474	57,302	17,799	88,650	97,950	84,726	30,845	-198,186	-175,901	-158,858	-192,280	-146,585	-127,908	-120,039	-111,154	-91,820	-77,320	-65,722	-32,601	-24,151
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
Other Operating Expenses	799,782	772,310	672,373	659,292	615,131	561,220	512,493	446,840	411,801	397,413	373,064	316,262	269,181	217,254	203,770	198,186	175,901	158,858	192,280	146,585	127,908	120,039	111,154	91,820	77,320	65,722	32,601	24,151
Preferred Stock And Other Adjustments	0	0	0	0	0	0	13,363	13,250	-13,250	0	-13,250	21,088	0	15,196	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Reconciled Depreciation	361,601	357,611	310,043	300,133	273,813	254,282	245,886	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	46	650
Selling And Marketing Expenses	0	0	0	0	0	0	0	0	0	0	0	0	1,779	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Selling General Administrative	93,434	93,642	92,749	99,264	88,139	90,471	60,581	57,029	48,265	46,152	39,660	36,188	28,148	28,947	39,938	38,260	36,580	22,800	66,456	34,021	19,140	12,557	12,435	11,114	9,091	7,739	5,027	2,383
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
Total Operating Expenses	448,712	451,253	402,792	398,572	361,269	350,437	309,736	274,263	253,104	248,627	232,798	199,258	196,312	131,693	154,061	198,186	175,901	158,858	192,280	146,585	127,908	120,039	111,154	91,820	77,320	65,722	32,601	24,151
Total Other Income Expense Net	-21,881	-66,949	372,327	-35,236	-11,735	142,128	34,644	162,105	126,569	2,011	-1,962	-4,937	-3,482	-6,812	4,909	-93	115,951	1,164	742	521	196	896	4,714	138,666	117,215	104,544	57,363	37,418
Total Revenue	1,129,694	1,096,987	955,040	898,397	837,454	747,298	719,001	642,572	581,275	521,725	465,098	404,912	367,131	301,980	279,434	289,968	258,472	251,244	241,715	221,399	227,786	202,095	209,645	187,113	159,700	136,284	69,182	39,176

	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
Cost Of Revenue	86,247	92,050	87,024	85,749	85,970	82,276	78,678	74,133	69,938	67,501	65,497	66,645	66,210	66,209	63,343	64,958	67,572	64,547	61,226	60,517	54,235	54,204	51,966	50,378	49,513	51,003	51,394	50,847	45,457	45,460	43,834	37,826	40,750	39,633	40,109	38,205	38,304	37,580	37,396	37,029	36,183	36,347	36,060	34,957	31,684	21,871	21,196	26,726	18,761	27,721	17,583	25,858	43,153	15,845	21,025	18,056	-6,162	12,699	12,582	18,532	70,983	18,651	16,716	16,967	62,845	17,659	42,471	15,597	62,698	16,203	15,679	14,978	57,441	14,951	14,523	13,799	52,916	12,634	13,113	13,171	476	12,245	11,365	12,768	46,347	11,992	11,592	11,551	37,938	27,249	12,187	27,709	25,915	22,994	21,722	21,189	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation And Amortization	86,275	85,224	90,362	93,676	91,396	81,140	96,415	89,016	87,309	73,675	73,589	76,143	72,990	72,070	80,290	74,573	69,513	69,230	68,399	66,279	64,860	62,700	64,006	62,715	60,149	62,567	62,251	60,919	56,782	56,666	53,346	50,440	51,727	49,422	51,658	51,487	53,770	50,032	50,767	49,202	50,920	47,569	49,304	50,391	46,085	46,274	40,624	36,746	38,787	36,251	32,248	29,311	29,095	30,054	23,722	20,938	21,019	21,968	23,470	21,185	21,212	20,661	17,415	23,987	36,340	15,530	13,804	20,747	17,243	18,293	17,381	16,833	16,076	17,646	16,988	17,116	15,890	15,679	15,391	15,111	15,554	15,243	14,092	14,942	15,658	15,723	19,510	13,604	13,826	13,227	13,069	13,981	13,468	9,941	9,645	9,323	11,194	7,900	7,500	7,200	7,000	6,800	6,500	5,900	4,823	3,700	3,000	2,500
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	13,179	6,135	14,689	90,492	21,961	6,344	423	0	0	0	0	0	0	12,863	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	85,371	88,574	87,658	90,901	83,025	89,313	74,096	80,008	80,801	69,598	63,727	72,457	68,892	73,539	40,236	62,990	62,221	59,933	51,773	53,037	38,904	49,385	44,467	54,469	52,416	53,940	53,279	52,376	50,970	53,227	49,285	44,014	42,681	41,699	42,291	43,740	37,345	30,216	29,593	28,920	23,955	22,104	29,278	22,777	23,893	17,476	25,168	27,653	27,604	26,641	26,972	26,215	19,321	19,556	26,104	21,075	7,943	19,536	22,387	23,921	21,592	27,721	22,707	23,883	19,371	25,026	24,218	21,753	20,333	22,723	35,071	25,186	6,412	10,697	11,657	21,511	16,689	17,884	20,973	19,216	19,091	35,277	22,367	23,734	19,242	21,031	17,190	24,867	22,295	23,421	30,117	22,658	36,121	9,595	15,140	23,171	-82,820	56,600	55,200	53,300	-66,938	49,000	47,600	40,800	-23,319	26,700	20,700	12,400
Ebitda	171,646	173,798	178,020	184,577	174,421	170,453	170,511	169,024	168,110	143,273	137,316	148,600	141,882	145,609	120,526	137,563	131,734	129,163	120,172	119,316	103,764	112,085	108,473	117,184	112,565	116,507	115,530	113,295	107,752	109,893	102,631	94,454	94,408	91,121	93,949	95,227	91,115	80,248	80,360	78,122	74,875	69,673	78,582	73,168	69,978	63,750	65,792	64,399	66,391	62,892	59,220	55,526	48,416	49,610	49,826	42,013	28,962	41,504	45,857	45,106	42,804	48,382	40,122	47,870	55,711	40,556	38,022	42,500	37,576	41,016	52,452	42,019	22,488	28,343	28,645	38,627	32,579	33,563	36,364	34,327	34,645	50,520	36,459	38,676	34,900	36,754	36,700	38,471	36,121	36,648	43,186	36,639	49,589	19,536	24,785	32,494	-71,626	64,500	62,700	60,500	-59,938	55,800	54,100	46,700	-18,496	30,400	23,700	14,900
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
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	121,872	0	0	0	28,099	0	0	0	265,084	0	0	0	60,663	0	0	0	919	0	0	0	2,160	0	0	0	534	0	0	0	73,258	0	0	0	38,582	0	0	0	27,368	0	0	0	5,957	0	0	0	3,939	0	0	0	8,252	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	182,769	191,544	197,258	207,053	198,374	193,682	192,506	191,368	191,147	164,825	160,486	169,001	163,122	162,105	156,080	156,370	152,663	150,978	139,266	140,685	136,607	132,358	135,106	132,444	128,048	130,531	129,204	128,461	123,188	122,888	116,299	107,620	106,663	101,920	106,118	107,877	103,461	91,444	91,798	88,756	84,419	79,350	88,418	82,540	79,427	82,422	82,726	72,684	82,697	69,616	74,481	62,267	39,788	63,959	51,391	48,763	73,541	55,795	58,468	53,980	1,454	58,449	52,913	53,835	-622	49,980	64,630	48,382	91	46,849	57,771	48,115	3,555	45,418	45,510	45,449	5,111	42,411	41,362	41,403	53,365	57,807	38,716	41,859	1,171	39,060	39,673	41,084	11,660	24,197	46,047	50,367	50,769	47,221	45,360	43,764	42,600	40,200	39,300	37,600	39,284	34,500	33,600	29,000	26,282	19,100	14,800	8,900
Income Before Tax	53,046	58,737	61,275	65,230	59,475	86,660	53,975	59,383	55,126	53,493	42,880	507,411	83,452	54,071	24,352	45,418	77,922	48,298	47,215	41,794	166,890	38,310	31,755	40,971	32,540	75,488	35,306	37,281	35,418	56,375	33,892	178,113	29,308	106,704	58,590	44,002	19,417	13,168	16,454	11,440	5,531	2,683	9,680	2,388	3,911	-665	2,277	4,962	-3,962	1,427	3,472	4,867	5,334	3,673	2,016	8,685	790	11,910	13,343	11,376	8,294	15,578	7,983	12,266	68,015	11,430	15,492	18,880	11,585	33,976	20,377	15,931	755	16,473	936	15,145	3,390	11,142	8,639	6,769	5,287	20,039	13,360	10,929	13,963	7,885	4,957	13,507	7,625	9,283	15,097	6,426	8,786	15,679	12,804	9,578	8,295	10,900	10,800	9,900	10,222	10,000	9,800	8,900	11,562	6,500	4,100	2,700
Income Tax Expense	33,541	30,867	27,457	25,671	23,550	6,903	6,870	6,255	7,480	6,465	7,041	9,780	4,810	5,043	4,734	5,601	5,422	4,452	5,021	4,891	6,670	3,910	4,206	4,725	4,011	4,378	3,858	3,756	2,680	2,480	1,045	3,805	673	1,945	1,090	815	-11,435	-5,814	-14,086	-88,405	-17,080	-6,213	-266	-22	-185,239	-3,254	-20	-71,914	-47,668	-12,567	-10	34	-5,334	-3,673	-2,016	-8,685	-790	-11,910	-13,343	-11,376	-8,294	-15,578	-7,983	-12,266	-68,015	-11,430	-15,492	-18,880	-11,585	-33,976	-20,377	-15,931	-755	-16,473	-936	-15,145	-3,390	-11,142	-8,639	-6,769	-5,287	-20,039	-13,360	-10,929	-13,963	-7,885	-4,957	-13,507	-7,625	-9,283	-15,097	-6,426	-8,786	-15,679	-12,804	-9,578	-8,295	-10,900	-10,800	-9,900	-10,222	-10,000	-9,800	-8,900	-11,562	-6,500	-4,100	-2,700
Interest Expense	32,325	29,837	26,383	25,671	23,550	19,982	20,121	20,625	18,726	16,105	21,390	22,334	20,976	19,468	15,884	17,572	13,932	11,635	11,727	11,243	14,142	11,075	12,712	13,498	14,564	16,151	17,973	17,352	14,614	14,976	14,384	11,829	13,121	13,513	14,864	16,878	17,717	16,617	16,020	17,252	17,849	18,853	19,434	19,734	18,942	19,854	19,265	21,163	23,254	24,051	21,228	20,876	19,044	15,853	13,088	11,956	11,078	10,926	11,897	12,218	11,478	9,727	9,448	9,713	37,502	9,009	8,072	9,656	43,541	10,312	11,208	11,971	39,153	9,622	9,618	9,460	37,647	9,540	9,148	9,210	82	8,869	7,585	7,744	35,640	8,966	8,768	9,359	39,109	10,657	10,612	14,091	11,309	10,024	9,948	7,828	0	0	0	0	0	0	0	0	0	0	0	0
Interest Income	10,696	7,015	3,421	1,460	1,264	295	125	81	230	976	1,337	1,373	1,845	17,599	2,838	3,128	1,436	761	616	1,828	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	-5,762	-5,975	-5,688	-8,622	-6,850	-6,903	6,870	6,255	-7,480	-6,465	246,522	9,780	4,810	5,043	4,734	5,601	-10,598	274,860	5,021	4,891	-7,648	3,910	4,206	4,725	-8,769	4,378	3,858	3,756	-695	2,480	1,045	3,805	673	1,945	1,090	815	578	321	603	2,087	554	131	73	0	21	502	1,198	1,211	1,290	1,194	1,223	1,336	1,397	1,178	1,314	1,589	1,278	1,717	1,719	1,798	1,583	2,184	1,664	1,980	1,921	1,958	1,928	1,910	2,041	1,991	2,147	2,201	262	1,101	1,020	2,467	3,781	2,943	3,955	3,302	4,615	6,358	4,774	4,940	5,264	3,713	4,153	1,878	5,675	5,731	5,626	4,354	4,758	5,840	5,135	4,871	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	47,284	52,762	55,587	39,559	35,925	79,757	47,105	53,128	47,646	47,028	35,839	497,631	78,642	49,028	19,618	39,817	72,500	43,846	42,194	36,903	160,220	34,400	27,549	36,246	28,529	71,110	31,448	33,525	32,738	53,895	32,847	174,308	28,635	104,759	57,500	43,187	30,852	18,982	30,540	99,845	22,628	8,896	9,946	2,410	189,152	2,589	2,297	76,876	43,709	13,994	3,482	4,833	5,334	3,673	2,016	8,685	790	11,910	13,343	11,376	8,294	15,578	7,983	12,266	68,015	11,430	15,492	18,880	11,585	33,976	20,377	15,931	755	16,473	936	15,145	3,390	11,142	8,639	6,769	5,287	20,039	13,360	10,929	13,963	7,885	4,957	13,507	7,625	9,283	15,097	6,426	8,786	15,679	12,804	9,578	8,295	10,900	10,800	9,900	10,222	10,000	9,800	8,900	11,562	6,500	4,100	2,700
Net Income Applicable To Common Shares	0	52,493	55,587	56,608	52,625	79,757	47,105	53,128	47,646	47,028	35,468	497,631	78,642	49,028	19,618	39,817	72,500	43,316	42,194	36,903	160,220	34,400	27,549	36,246	28,529	66,558	29,833	26,329	29,426	50,582	29,535	170,995	25,323	101,446	54,188	39,874	27,540	15,669	27,228	96,532	19,316	5,584	6,633	-903	0	0	0	0	0	10,195	-317	1,034	3,593	0	-4,886	4,886	11,523	8,111	6,872	7,660	4,280	11,919	3,963	8,668	7,785	8,051	7,679	7,441	8,944	8,211	8,786	7,733	0	0	-7,924	7,924	2,925	4,316	9,744	5,306	4,383	19,522	9,096	10,143	7,117	7,247	3,598	12,410	6,889	7,447	14,967	7,818	8,786	15,679	12,803	9,578	0	0	0	0	0	0	0	0	0	0	0	0
Net Income From Continuing Ops	53,046	58,737	61,275	65,230	59,475	86,660	53,975	59,383	55,126	53,493	42,880	507,411	83,452	54,071	24,352	45,418	77,922	48,298	47,215	41,794	-651,674	313,348	318,507	297,745	-738,408	333,728	292,020	293,275	-623,552	288,069	257,638	381,643	238,604	0	58,590	44,002	18,251	13,168	16,454	11,440	1,086	2,683	9,680	2,388	0	0	0	0	0	1,427	3,472	4,867	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-21,629	-22,822	-22,962	-24,211	-22,286	-19,687	-19,996	-20,544	-18,496	-15,129	-20,053	-20,961	-19,131	-17,599	-13,046	-17,572	-12,496	-10,874	-11,111	-9,415	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	3,421	1,460	1,264	17,624	125	81	-6,719	976	1,880	458,661	37,381	1,869	2,838	-3,128	31,069	761	7,785	1,828	140,422	342	771	34	-3,438	39,225	1,038	3,322	644	18,850	16	146,261	0	0	31,939	17,628	-26	-9	3,909	177	551	673	19	392	0	0	0	0	0	30	58	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	0	0	0	0	0	0	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	12,399	-1,338	-5,641	265	6,012	-1,036	-409	-1,298	2,866	-188	-714	-62	1,042	0	-312	-370	2,407	-489	-609	228	1,579	692	0	95	0	0	0	0	0	-5	120	26	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-471	-515	-537	90,901	83,025	89,313	74,096	80,008	66,372	68,622	62,390	71,084	67,047	71,670	37,398	62,990	60,785	59,172	51,157	51,209	38,904	49,043	43,696	54,435	50,542	52,414	52,241	51,311	50,326	52,689	48,974	43,743	42,615	41,699	41,780	43,380	37,345	13,590	29,174	11,668	23,421	3,251	9,844	22,385	23,749	19,415	23,355	27,169	20,217	26,611	25,836	26,031	23,842	3,686	20,583	9,190	9,733	19,536	10,993	23,921	-50,845	-49,379	-51,043	-46,919	-42,852	-45,854	-44,353	-42,226	-41,459	-40,354	-39,217	-38,586	-56,090	-49,374	-48,322	-37,680	-41,279	-37,084	-33,424	-35,051	-34,684	-34,739	-27,714	-30,893	-28,276	-30,021	-34,075	-27,768	-27,303	-28,025	-28,117	-27,709	-14,648	-30,310	-25,971	-20,891	-125,420	16,400	15,900	15,700	-106,222	14,500	14,000	11,800	-49,601	7,600	5,900	3,500
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
Other Operating Expenses	194,341	202,035	200,045	203,361	202,583	186,940	197,213	185,574	180,514	163,704	163,593	164,562	162,285	156,644	182,025	158,338	159,450	156,353	149,335	149,993	151,938	137,519	143,376	128,387	127,019	129,120	128,357	127,997	118,319	115,659	111,159	101,703	104,798	99,854	104,447	102,702	104,420	98,808	100,020	97,042	97,198	94,266	95,219	95,112	87,363	84,878	80,567	72,241	74,014	70,726	66,228	62,094	59,099	60,265	51,833	46,057	57,646	48,958	48,663	48,591	50,845	49,379	51,043	46,919	42,852	45,854	44,353	42,226	41,459	40,354	39,217	38,586	56,090	49,374	48,322	37,680	41,279	37,084	33,424	35,051	34,684	34,739	27,714	30,893	28,276	30,021	34,075	27,768	27,303	28,025	28,117	27,709	14,648	30,310	25,971	20,891	125,420	16,400	15,900	15,700	106,222	14,500	14,000	11,800	49,601	7,600	5,900	3,500
Preferred Stock And Other Adjustments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	4,552	1,615	7,196	3,312	3,313	3,312	3,313	0	0	3,312	3,313	-9,938	3,313	3,312	3,313	-23,188	3,312	3,313	3,313	0	0	0	0	0	3,799	3,799	3,799	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	86,275	85,224	90,362	93,676	91,396	81,140	96,774	89,016	87,309	73,675	73,589	76,143	73,200	72,070	80,290	74,573	69,743	69,392	68,399	66,279	64,861	62,700	64,006	62,715	60,149	62,567	62,251	60,919	56,782	56,666	53,346	50,440	51,727	49,422	51,658	51,487	53,869	50,640	50,767	49,202	51,142	50,650	49,304	50,391	46,250	46,274	40,624	36,752	38,787	36,251	32,248	29,311	29,095	30,054	23,722	20,938	21,019	21,968	23,480	21,185	21,212	20,661	17,415	23,987	36,340	15,530	13,804	20,747	17,243	18,293	17,381	16,833	16,076	17,646	16,988	17,116	15,890	15,679	15,391	15,111	15,554	15,243	14,092	14,942	15,658	15,723	19,510	13,604	13,826	13,227	13,069	13,981	13,468	9,941	9,645	9,323	11,194	7,900	7,500	7,200	7,000	6,800	6,500	5,900	4,823	3,700	3,000	2,500
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
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	859	615	0	513	503	424	339	6,625	336	0	0	6,143	398	0	0	9,627	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	22,078	24,761	22,659	23,936	25,217	23,524	22,120	22,781	23,267	22,990	24,507	21,985	23,085	18,572	38,597	19,010	22,365	22,576	19,857	23,341	33,872	19,277	21,763	15,559	16,831	14,514	14,303	14,933	16,080	13,533	13,979	13,437	12,065	10,799	12,633	12,768	12,346	11,138	11,857	10,811	9,910	10,226	9,855	9,669	9,443	8,727	9,251	8,767	7,793	6,355	7,440	6,560	13,828	7,273	7,098	7,037	24,428	8,060	7,308	7,450	19,837	9,627	9,187	9,236	9,353	8,719	9,460	9,048	7,478	5,673	4,714	4,934	25,242	18,400	16,790	6,024	11,679	9,399	5,026	7,249	6,446	4,825	4,011	3,858	2,975	2,966	3,648	2,968	3,098	2,949	3,034	3,354	3,037	2,890	2,555	2,632	2,291	2,300	2,200	2,300	2,239	1,800	2,100	1,600	1,327	1,500	1,500	700
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
Total Operating Expenses	108,094	109,985	113,021	117,612	116,613	104,664	118,535	111,441	110,576	96,203	98,096	97,917	96,075	90,435	118,682	93,380	91,878	91,806	88,109	89,476	97,703	83,315	91,410	78,009	77,506	78,117	76,963	77,150	72,862	70,199	67,325	63,877	64,048	60,221	64,338	64,497	66,116	61,228	62,624	60,013	61,015	57,919	59,159	60,155	55,679	63,007	59,371	45,515	55,253	43,005	48,645	36,236	15,946	44,420	30,808	28,001	63,808	36,259	36,081	30,059	50,845	49,379	51,043	46,919	42,852	45,854	44,353	42,226	41,459	40,354	39,217	38,586	56,090	49,374	48,322	37,680	41,279	37,084	33,424	35,051	34,684	34,739	27,714	30,893	28,276	30,021	34,075	27,768	27,303	28,025	28,117	27,709	14,648	30,310	25,971	20,891	125,420	-16,400	-15,900	-15,700	106,222	-14,500	-14,000	-11,800	49,601	-7,600	-5,900	-3,500
Total Other Income Expense Net	-4,820	-4,945	-4,614	-25,671	-23,550	-2,653	-20,121	-20,625	-6,949	53,493	543	457,288	35,536	54,071	24,352	45,418	29,633	48,298	7,169	41,794	142,128	38,310	31,755	40,971	-5,312	37,699	35,306	2,257	-938	18,124	-1,009	145,928	-252	78,518	31,163	17,140	-211	-431	2,881	-228	-575	-568	-164	-655	-1,040	-226	-1,813	-1,528	-925	-1,163	-1,136	-472	-1,327	-17	-5,521	-313	1,790	3,119	1,923	11,773	-136,899	16,448	8,331	12,930	-62,284	12,050	-35,627	19,458	997	-25	75	118	120	298	54	57	59	77	78	307	66	36	14,887	45,950	63,527	37,906	5,943	15,017	-124,005	37,308	16,893	34,135	23,434	7,316	4,249	-298	133,715	-5,500	-5,100	-5,800	116,444	-4,500	-4,200	-2,900	61,163	-1,100	-1,800	-800
Total Revenue	269,016	283,594	284,282	292,802	284,344	275,958	271,184	265,501	261,085	232,326	225,983	235,646	229,332	228,314	219,423	221,328	220,235	215,525	200,492	201,202	190,842	186,562	187,072	182,822	177,561	181,534	180,598	179,308	168,645	168,348	160,133	145,446	147,413	141,553	146,227	146,082	141,765	129,024	129,194	125,785	120,602	115,697	124,478	117,497	111,111	104,293	103,922	99,410	101,458	97,337	92,064	88,125	82,941	79,804	72,416	66,819	67,379	68,494	71,050	72,512	72,437	77,100	69,629	70,802	62,223	67,639	64,630	63,979	62,789	63,052	73,450	63,093	60,996	60,369	60,033	59,248	58,027	55,045	54,475	54,574	53,841	70,052	50,081	54,627	47,518	51,052	51,265	52,635	49,598	51,446	58,234	50,367	50,769	47,221	45,360	43,764	42,600	40,200	39,300	37,600	39,284	34,500	33,600	29,000	26,282	19,100	14,800	8,900

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

Gross Profit (+$)
totalRevenue	1,129,694
Cost of Revenue	-351,070
Gross Profit	778,624	778,624

Operating Income (+$)
Gross Profit	778,624
Operating Expense	-448,712
Operating Income	-2,083	329,912

Operating Expense (+$)
Research Development	0
Selling General Administrative	93,434
Selling And Marketing Expenses	0
Operating Expense	448,712	93,434

Net Interest Income (+$)
Interest Income	13,160
Interest Expense	-114,216
Other Finance Cost	-8,775
Net Interest Income	-92,281

Pretax Income (+$)
Operating Income	-2,083
Net Interest Income	-92,281
Other Non-Operating Income Expenses	0
Income Before Tax (EBT)	238,288	19,798 EBIT - interestExpense = 238,288 331,856 326,457
Interest Expense	114,216
Earnings Before Interest and Taxes (EBIT)	352,504	352,504
Earnings Before Interest and Taxes (EBITDA)	708,806

After tax Income (+$)
Income Before Tax	238,288
Tax Provision	-0
Net Income From Continuing Ops	244,717	238,288
Net Income	212,241
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	799,782
Total Other Income/Expenses Net	-21,881	92,281

Technical Analysis of Kilroy Realty Corp
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 Kilroy Realty Corp. The general trend of Kilroy Realty Corp is BEARISH with 28.6% 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 Kilroy Realty Corp's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitions	Bullish trend (-28.6%)		Bearish trend (28.6%)
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 Kilroy Realty Corp.

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: 35.97 < 36.72 < 37.44.

The bearish price targets are: 32.20 > 31.93 > 31.24.

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Kilroy Realty Corp 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 Kilroy Realty Corp. The current mas is .

The long score for the Moving Averages is 5/14.
The longshort score for the Moving Averages is -4/(-14 +14).

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

Directionalities and relatives.

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

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

Shows the moving average of the selected period.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

There are various kinds of moving averages:

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

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

Simple moving average

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

Source: Tradingview.com

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

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

Exponential moving average

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

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

Where:

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

Smoothed moving average

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

Linear weighted moving average

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

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

Where:

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

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

Source: Tradingview.com

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

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

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

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

Kilroy Realty Corp 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 Kilroy Realty Corp. The current macd is -0.68764533.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Kilroy Realty Corp price going down in the near term. -2
MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Kilroy Realty Corp. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Kilroy Realty Corp price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1

Kilroy Realty Corp 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 Kilroy Realty Corp. The current adx is 13.79.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -2/(-7 +7).

PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Kilroy Realty Corp shares, leading to potential downward momentum in its price. -1
PLUS_ID < MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bearish trend could be forming. -1

Kilroy Realty Corp 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 Kilroy Realty Corp. The current sar is 35.03.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1

Kilroy Realty Corp 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 Kilroy Realty Corp. The current rsi is 38.31. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
Trending up: The RSI is trending up. +1

Measures the speed and change of price movements.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

The RSI measures the magnitude of recent price changes to determine if the asset is overbought or oversold.

Overbought (RSI above 70) means that the trading price is above its intrinsic value. This might indicate a sell or short signal.
Oversold (RSI below 30) means that the trading price is below its intrinsic value. This might indicate a buy or long signal.
RSI levels above or below 50 can also be used to determine a trend.
RSI divergence looks at a deviation between RSI and price movement.
Can be used in many different ways.

Original usage

Keep in mind that almost every indicator can be used in different ways. Even beyond the orginal settings. The relative strength index was developed by J. Welles Wilder. Wilder recommended a smoothing period of 14 days. That means a 14 day moving average (read more about this setting below). Another quote from the wikipedia page:

Wilders also considers the RSI 50 line as both support and resistance. I recommend to always read the original settings first before using an indicator. Many traders and websites are using their own version of the indicator which might be confusing.

How you can use RSI (Divergence)

First and foremost, there is no real right or wrong usage of the RSI indicator. You can use it in any way you want. Wilder recommends using a 14 day average but you can make it 50 or 100 if you like. Just keep in mind that using an indicator is just part of a larger trading plan. In other words, it’s not recommended to do any trading or investing based on a single indicator like the RSI.

The RSI is measured on a scale between 0 and 100. From 30 till 0 is considered oversold. and from 70 -100 is overbought. The RSI is a leading indicator, meaning the signals are instant.

I like to use the RSI as a trend\momentum indicator and not as an overbought or oversold indicator. I use the middle (50) as the baseline. When prices go above RSI 50 the trend is bullish and can indicate long positions. When below 50 it is considered bearish and can indicate short positions. Other traders use the 70 and 30 levels as overbought/oversold depending on the used strategy. The RSI indicator looks like this:

Source: Tradingview.com

The general concensus is that an RSI above 70 indicates that the security is overbought. In other words, the price this security is trading for is to high and should come down. So if RSI hits 70 or above this might indicate a sell signal or taking a short position (expecting the price will go down). Although RSI above 70 indicates the security is trading above it's fair value, that does not mean the price will go down.

Use tradingview to add indicators

I highly recommend using tradingview to add indicators to a chart. It has all the indicators you can think off and can add them for free (up to three indicators) to any chart you want. You can see that the levels 30 and 70 are marked with a dotted line. If you want you can remove these lines or give it another colour using Tradingview. You can also adjust the moving average used. You can also find RSI indicators made by the community that include other settings like RSI divergences.

Tradingview

Use Tradingview to (back)test your strategies and add hundreds of indicators created by the community.

View tool on Tradingview.com

RSI divergence

RSI is not only used to determine momentum but can also spot reversals or continuations of the trend. A reversal means that the trend is going in the opposite direction. From bullish to bearish or from bearish to bullish. These reversals can be spotted by looking at the price and the direction of the RSI. When the price is going up but the RSI is going down that means there is a divergence. This is also the case when RSI goes up but price is going down.

There are four types of divergences:

Regular bullish divergence
Regular bearish divergence
Hidden bullish divergence
Hidden bearish divergence

Regular bullish divergence

With a regular bullish divergence, the price is making lower highs but the oscillator (in this case the RSI) is making higher lows. A regular bullish divergence might indicate the end of the current trend. You’ll see regular bullish divergences mostly at the end of a downtrend. But that does not mean that every regular bullish divergence is a trend reversal.

Price is making lower highs
RSI is making higher lows
Indicating bullish reversal (price might go up)

Source: Tradingview.com

Regular bearish divergence

With a regular bearish divergence the price is making higher highs but the oscillator (in this case the RSI) is making lower highs. This might indicate the end of an uptrend.

Price is making higher highs
RSI is making lower highs
Indicating bearish reversal

Source: Tradingview.com

Hidden bullish divergence

With a hidden bullish divergence, the price is making a higher low while the RSI is making a lower low. This might indicate bullish trend continuation.

Price is making higher lows
RSI is making lower lows
Indicating bullish continuation

Source: Tradingview.com

As you have noticed, you can have multiple divergences in a row.

Hidden bearish divergence

With a hidden bearish divergence, price is making lower highs but RSI is making higher highs. This might indicate bearish trend continuation.

Price is making lower highs
RSI making higher highs
Indicating bearish continuation

Source: Tradingview.com

You can find many cheatsheets of RSI divergences online. Search for "RSI divergence overview" and you'll find a lot of examples. You can print these to learn the various types of divergences.

Kilroy Realty Corp 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 Kilroy Realty Corp. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
STOCH < 20: The STOCH %K is below 20 and oversold. -2
STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Kilroy Realty Corp price going up in the near term. +2
Trending up: The STOCH %K is trending up. +1

Kilroy Realty Corp 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 Kilroy Realty Corp. The current cci is -138.23827125.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1

Kilroy Realty Corp 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 Kilroy Realty Corp. The current cmo is -30.92503895.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1

Kilroy Realty Corp 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 Kilroy Realty Corp. The current willr is -90.10880317.

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

WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1

Kilroy Realty Corp 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 Kilroy Realty Corp.

Kilroy Realty Corp 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 Kilroy Realty Corp. The current atr is 1.12230473.

Kilroy Realty Corp 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 Kilroy Realty Corp. The current obv is -30,982,717.

Kilroy Realty Corp 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 Kilroy Realty Corp. The current mfi is 43.34.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

MFI < 50: -1

Kilroy Realty Corp Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

Type	Notification	Date
Currently no notifications for Kilroy Realty Corp.

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
2023-11-27	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-11-28	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).
2023-11-29	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2023-11-30	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-01	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-12-05	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-07	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-12-11	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-12	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
2023-12-13	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	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.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2023-12-18	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
2023-12-20	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-21	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-26	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-27	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-28	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-29	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-02	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-03	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).
2024-01-04	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
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.
2024-01-10	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-01-11	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-16	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-01-17	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
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-01-18	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
2024-01-19	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.
2024-01-23	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.
2024-01-29	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-01-30	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	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).
2024-01-31	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-02-01	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-05	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-07	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-12	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
2024-02-13	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-02-15	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-02-16	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
2024-02-21	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-02-23	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-02-27	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	MFI	LONG ENTRY	SHORT CLOSE	80 crossover to upside
2024-02-28	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-02-29	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-03-01	STOCH	LONG EXIT		The %K line crosses below the %D line.
	MFI	SHORT ENTRY	LONG CLOSE	80 crossover to downside
2024-03-05	MFI	LONG ENTRY	SHORT CLOSE	80 crossover to upside
2024-03-06	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	MFI	SHORT ENTRY	LONG CLOSE	80 crossover to downside
2024-03-07	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-03-08	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-03-11	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-03-12	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
2024-03-13	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-14	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2024-03-15	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-20	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-03-21	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	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.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-03-22	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).
2024-03-25	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-03-26	CMO	SHORT ENTRY	LONG CLOSE	Zero line 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
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-04-02	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
2024-04-03	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
2024-04-04	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-04-05	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2024-04-08	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-09	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-04-10	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-04-12	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-04-16	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.

6.3. Candlestick Patterns

Kilroy Realty Corp Daily Candlestick Chart

Date	Candlestick Pattern

6.4. Technical Score

Let's check the technical score of Kilroy Realty Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	38.306
Ma 20	Greater than	Ma 50	34.663
Ma 50	Greater than	Ma 100	34.894
Ma 100	Greater than	Ma 200	36.116
Open	Greater than	Close	32.500
Total			2/5 (40.0%)

Create your own Symbol Scanner

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Kilroy Realty Corp Buy, Hold or Sell?

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Quick analysis of Kilroy Realty Corp (30 sec.)

What can you expect buying and holding a share of Kilroy Realty Corp? (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 Kilroy Realty Corp (5 min.)

$32.40

$48.04

$-22.28 - $-7.84

$25.76 - $40.20

2. Growth of Kilroy Realty Corp (5 min.)

Is Kilroy Realty Corp growing?

How much money is Kilroy Realty Corp making?

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

3. Financial Health of Kilroy Realty Corp (5 min.)

What can you expect buying and holding a share of Kilroy Realty Corp? (5 min.)

What can you expect buying and holding a share of Kilroy Realty Corp?

Speculation

Investing

How much money are you going to get?

When do you get the money?

How sure are you?

Linear %

Fundamentals of Kilroy Realty Corp

About Kilroy Realty Corp

Financial Health

Valuation

1.1. Profitability of Kilroy Realty Corp.

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 Kilroy Realty Corp.

1.2. Operating Efficiency

1.2.1. Operating Margin

Trends

1.2.2. Operating Ratio

Trends

1.3. Liquidity of Kilroy Realty Corp.

1.3. Liquidity

1.3.1. Current Ratio

Trends

1.3.2. Quick Ratio

Trends

1.4. Solvency of Kilroy Realty Corp.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Trends

1.4.2. Debt to Equity Ratio

Trends

2. Market Valuation of Kilroy Realty Corp

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

Kilroy Realty Corp
Buy, Hold or Sell?