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Loblaw Companies Limited
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Should you buy, hold or sell Loblaw?

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

Let's analyse Loblaw

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

  1. Company's Financial Health
    A deep dive into the books. How are the numbers doing? Is Loblaw Companies Limited even making a profit? Is the company skyrocketing? Or is it sinking like the Titanic. The trend is your friend.
  2. Market Valuation
    Finally, you now have an insight of how Loblaw Companies Limited is doing in the market. If the company is worth buying. The latest step is to find out how other investors value Loblaw Companies Limited. The closing price on 2023-02-03 was C$115.24 per share. Is the company over- or underpriced?
  3. Key Performance Indicators
    A total overlook on how the company is doing. Based on the (trends in) the key performance indicators.
Loblaw Companies Limited Daily Candlestick Chart
Loblaw Companies Limited Daily Candlestick Chart
Summary









1. Valuation of Loblaw




Current price per share

C$115.24

2. Growth of Loblaw




Is Loblaw growing?

Current yearPrevious yearGrowGrow %
How rich?$8.4b$8.2b$292.9m3.4%

How much money is Loblaw making?

Current yearPrevious yearGrowGrow %
Making money$398m$275m$122.9m30.9%
Net Profit Margin3.9%2.8%--

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

3. Financial Health of Loblaw




Comparing to competitors in the Grocery Stores industry




  Industry Rankings (Grocery Stores)  


Richest
#15 / 72

Most Revenue
#28 / 72

Most Profit
#22 / 72


Summary

Financial Health

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

1.1. Profitability of Loblaw Companies Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Loblaw earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Loblaw to the Grocery Stores industry mean.
  • A Net Profit Margin of 3.2% means that $0.03 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Loblaw Companies Limited:

  • The MRQ is 3.2%. The company is making a profit. +1
  • The TTM is 3.9%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ3.2%TTM3.9%-0.7%
TTM3.9%YOY2.8%+1.2%
TTM3.9%5Y2.4%+1.5%
5Y2.4%10Y2.1%+0.3%
Compared to industry (Grocery Stores)
PeriodCompanyIndustry (mean)+/- 
MRQ3.2%2.7%+0.5%
TTM3.9%2.6%+1.3%
YOY2.8%1.7%+1.1%
5Y2.4%1.7%+0.7%
10Y2.1%2.0%+0.1%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Loblaw to the Grocery Stores industry mean.
  • 1.5% Return on Assets means that Loblaw generated $0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Loblaw Companies Limited:

  • The MRQ is 1.5%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.4%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.5%TTM1.4%+0.0%
TTM1.4%YOY1.0%+0.4%
TTM1.4%5Y0.9%+0.6%
5Y0.9%10Y0.8%+0.1%
Compared to industry (Grocery Stores)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5%1.1%+0.4%
TTM1.4%1.1%+0.3%
YOY1.0%0.9%+0.1%
5Y0.9%1.0%-0.1%
10Y0.8%1.0%-0.2%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Loblaw to the Grocery Stores industry mean.
  • 4.9% Return on Equity means Loblaw generated $0.05 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Loblaw Companies Limited:

  • The MRQ is 4.9%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 4.7%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ4.9%TTM4.7%+0.3%
TTM4.7%YOY3.4%+1.3%
TTM4.7%5Y2.7%+1.9%
5Y2.7%10Y1.7%+1.0%
Compared to industry (Grocery Stores)
PeriodCompanyIndustry (mean)+/- 
MRQ4.9%3.6%+1.3%
TTM4.7%3.8%+0.9%
YOY3.4%3.3%+0.1%
5Y2.7%3.1%-0.4%
10Y1.7%2.9%-1.2%

1.2. Operating Efficiency of Loblaw Companies Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Loblaw is operating .

  • Measures how much profit Loblaw 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 Loblaw to the Grocery Stores industry mean.
  • An Operating Margin of 5.7% means the company generated $0.06  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Loblaw Companies Limited:

  • The MRQ is 5.7%. The company is operating less efficient.
  • The TTM is 5.9%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ5.7%TTM5.9%-0.2%
TTM5.9%YOY5.3%+0.5%
TTM5.9%5Y3.9%+1.9%
5Y3.9%10Y3.2%+0.7%
Compared to industry (Grocery Stores)
PeriodCompanyIndustry (mean)+/- 
MRQ5.7%4.2%+1.5%
TTM5.9%4.2%+1.7%
YOY5.3%3.8%+1.5%
5Y3.9%2.8%+1.1%
10Y3.2%2.7%+0.5%
1.2.2. Operating Ratio

Measures how efficient Loblaw is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Grocery Stores industry mean).
  • An Operation Ratio of 1.63 means that the operating costs are $1.63 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Loblaw Companies Limited:

  • The MRQ is 1.628. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.623. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.628TTM1.623+0.005
TTM1.623YOY1.460+0.164
TTM1.6235Y1.227+0.396
5Y1.22710Y1.094+0.133
Compared to industry (Grocery Stores)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6281.646-0.018
TTM1.6231.625-0.002
YOY1.4601.447+0.013
5Y1.2271.258-0.031
10Y1.0941.158-0.064

1.3. Liquidity of Loblaw Companies Limited.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Grocery Stores industry mean).
  • A Current Ratio of 1.34 means the company has $1.34 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Loblaw Companies Limited:

  • The MRQ is 1.340. The company is just able to pay all its short-term debts.
  • The TTM is 1.362. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.340TTM1.362-0.022
TTM1.362YOY1.320+0.042
TTM1.3625Y1.299+0.064
5Y1.29910Y1.371-0.073
Compared to industry (Grocery Stores)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3400.824+0.516
TTM1.3620.821+0.541
YOY1.3200.827+0.493
5Y1.2990.805+0.494
10Y1.3710.736+0.635
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Loblaw to the Grocery Stores industry mean.
  • A Quick Ratio of 0.76 means the company can pay off $0.76 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Loblaw Companies Limited:

  • The MRQ is 0.757. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.787. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.757TTM0.787-0.030
TTM0.787YOY0.697+0.090
TTM0.7875Y0.662+0.125
5Y0.66210Y0.641+0.021
Compared to industry (Grocery Stores)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7570.205+0.552
TTM0.7870.219+0.568
YOY0.6970.243+0.454
5Y0.6620.258+0.404
10Y0.6410.214+0.427

1.4. Solvency of Loblaw Companies Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Loblaw to Grocery Stores industry mean.
  • A Debt to Asset Ratio of 0.70 means that Loblaw assets are financed with 70.0% credit (debt) and the remaining percentage (100% - 70.0%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Loblaw Companies Limited:

  • The MRQ is 0.700. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.688. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.700TTM0.688+0.012
TTM0.688YOY0.688+0.000
TTM0.6885Y0.677+0.012
5Y0.67710Y0.651+0.025
Compared to industry (Grocery Stores)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7000.687+0.013
TTM0.6880.699-0.011
YOY0.6880.700-0.012
5Y0.6770.661+0.016
10Y0.6510.657-0.006
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Loblaw to the Grocery Stores industry mean.
  • A Debt to Equity ratio of 233.5% means that company has $2.33 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Loblaw Companies Limited:

  • The MRQ is 2.335. The company is just not able to pay all its debts with equity.
  • The TTM is 2.227. The company is just not able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ2.335TTM2.227+0.108
TTM2.227YOY2.229-0.002
TTM2.2275Y2.131+0.095
5Y2.13110Y1.230+0.901
Compared to industry (Grocery Stores)
PeriodCompanyIndustry (mean)+/- 
MRQ2.3352.247+0.088
TTM2.2272.356-0.129
YOY2.2292.332-0.103
5Y2.1312.332-0.201
10Y1.2302.138-0.908

2. Market Valuation of Loblaw Companies Limited

2. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Loblaw generates.

  • Above 15 is considered overpriced but always compare Loblaw to the Grocery Stores industry mean.
  • A PE ratio of 63.86 means the investor is paying $63.86 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Loblaw Companies Limited:

  • The EOD is 67.278. Neutral. Compare to industry.
  • The MRQ is 63.857. Neutral. Compare to industry.
  • The TTM is 73.520. Neutral. Compare to industry.
Trends
Current periodCompared to+/- 
EOD67.278MRQ63.857+3.421
MRQ63.857TTM73.520-9.663
TTM73.520YOY69.086+4.434
TTM73.5205Y172.732-99.212
5Y172.73210Y143.030+29.702
Compared to industry (Grocery Stores)
PeriodCompanyIndustry (mean)+/- 
EOD67.27843.827+23.451
MRQ63.85741.519+22.338
TTM73.52058.682+14.838
YOY69.08660.748+8.338
5Y172.73261.128+111.604
10Y143.03055.571+87.459
2.2. Price Earnings to Growth Ratio

Measures the predicted future growth of Loblaw.

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

Let's take a look of the Price Earnings to Growth Ratio trends of Loblaw Companies Limited:

  • The MRQ is 44.026. Seems overpriced? -1
  • The TTM is 81.327. Seems overpriced? -1
Trends
Current periodCompared to+/- 
MRQ44.026TTM81.327-37.300
TTM81.327YOY65.012+16.315
TTM81.3275Y2,932.974-2,851.647
5Y2,932.97410Y1,528.985+1,403.989
Compared to industry (Grocery Stores)
PeriodCompanyIndustry (mean)+/- 
MRQ44.0260.402+43.624
TTM81.327-0.060+81.387
YOY65.012-0.242+65.254
5Y2,932.974-0.238+2,933.212
10Y1,528.985-0.238+1,529.223

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

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

  • At or below 1 is considered healthy (always compare to Grocery Stores industry mean).
  • A PB ratio of 3.14 means the investor is paying $3.14 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Loblaw Companies Limited:

  • The EOD is 3.309. Neutral. Compare to industry.
  • The MRQ is 3.141. Neutral. Compare to industry.
  • The TTM is 3.164. Neutral. Compare to industry.
Trends
Current periodCompared to+/- 
EOD3.309MRQ3.141+0.168
MRQ3.141TTM3.164-0.023
TTM3.164YOY2.269+0.895
TTM3.1645Y2.333+0.831
5Y2.33310Y2.200+0.133
Compared to industry (Grocery Stores)
PeriodCompanyIndustry (mean)+/- 
EOD3.3092.579+0.730
MRQ3.1412.698+0.443
TTM3.1643.035+0.129
YOY2.2692.759-0.490
5Y2.3332.283+0.050
10Y2.2002.121+0.079
2. Total Gains per Share

2.4. Latest News of Loblaw Companies Limited

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

DateTitleRead
2023-02-03
18:21
Private companies are Loblaw Companies Limited's (TSE:L) biggest owners and were hit after market cap dropped CA$2.0bRead
2023-01-26
13:00
Loblaw Companies Limited Announces the Timing of the Fourth Quarter 2022 Earnings ReleaseRead
2023-01-20
17:44
Investors in Loblaw Companies (TSE:L) have made a respectable return of 80% over the past three yearsRead

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Loblaw Companies Limited compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.2260.429-47%0.347-35%0.065+249%0.384-41%
Book Value Growth--0.9971.005-1%0.9980%0.992+0%1.020-2%
Book Value Per Share--34.82534.8710%32.599+7%33.120+5%31.036+12%
Book Value Per Share Growth--1.0071.013-1%1.0110%1.003+0%1.019-1%
Current Ratio--1.3401.362-2%1.320+2%1.299+3%1.371-2%
Debt To Asset Ratio--0.7000.688+2%0.688+2%0.677+3%0.651+7%
Debt To Equity Ratio--2.3352.227+5%2.229+5%2.131+10%1.230+90%
Dividend Per Share--0.8320.491+69%0.440+89%0.469+77%0.360+131%
Dividend Per Share Growth--2.1811.180+85%1.151+90%1.188+84%2.052+6%
Eps--1.7131.609+6%1.076+59%0.895+91%0.704+143%
Eps Growth--1.4501.168+24%1.079+34%1.984-27%1.497-3%
Free Cash Flow Per Share--3.2872.523+30%2.921+13%2.157+52%1.573+109%
Free Cash Flow Per Share Growth--1.1421.069+7%1.246-8%1.397-18%1.655-31%
Free Cash Flow To Equity Per Share--1.3280.402+230%0.271+389%0.380+250%0.584+127%
Free Cash Flow To Equity Per Share Growth--3.5712.234+60%-0.313+109%0.657+443%26.547-87%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--176.038--------
Intrinsic Value_10Y_min--84.738--------
Intrinsic Value_1Y_max--11.824--------
Intrinsic Value_1Y_min--6.710--------
Intrinsic Value_3Y_max--39.958--------
Intrinsic Value_3Y_min--21.823--------
Intrinsic Value_5Y_max--73.437--------
Intrinsic Value_5Y_min--38.642--------
Net Profit Margin--0.0320.039-18%0.028+17%0.024+32%0.021+53%
Operating Margin--0.0570.059-3%0.053+7%0.039+45%0.032+77%
Operating Ratio--1.6281.623+0%1.460+12%1.227+33%1.094+49%
Pb Ratio3.309+5%3.1413.164-1%2.269+38%2.333+35%2.200+43%
Pe Ratio67.278+5%63.85773.520-13%69.086-8%172.732-63%143.030-55%
Peg Ratio--44.02681.327-46%65.012-32%2932.974-98%1528.985-97%
Price Per Share115.240+5%109.380110.323-1%74.055+48%77.486+41%68.355+60%
Price To Total Gains Ratio108.961+5%103.420-10.405+110%98.862+5%147.543-30%89.992+15%
Profit Growth--1.4331.157+24%1.065+35%1.918-25%1.4370%
Quick Ratio--0.7570.787-4%0.697+9%0.662+14%0.641+18%
Return On Assets--0.0150.014+2%0.010+43%0.009+71%0.008+92%
Return On Equity--0.0490.047+6%0.034+48%0.027+80%0.017+191%
Revenue Growth--1.3531.039+30%1.020+33%1.028+32%1.034+31%
Total Gains Per Share--1.0580.920+15%0.786+34%0.534+98%0.744+42%
Total Gains Per Share Growth--4.7881.850+159%1.461+228%4.150+15%3.205+49%
Usd Book Value--8426001600.0008569677450.000-2%8276735250.000+2%8667623010.000-3%8464855575.0000%
Usd Book Value Change Per Share--0.1680.320-47%0.259-35%0.048+249%0.286-41%
Usd Book Value Per Share--25.95825.9920%24.299+7%24.688+5%23.134+12%
Usd Dividend Per Share--0.6200.366+69%0.328+89%0.349+77%0.269+131%
Usd Eps--1.2771.200+6%0.802+59%0.667+91%0.525+143%
Usd Free Cash Flow--795341800.000618495650.000+29%740741250.000+7%526699640.000+51%409187330.000+94%
Usd Free Cash Flow Per Share--2.4501.881+30%2.177+13%1.608+52%1.173+109%
Usd Free Cash Flow To Equity Per Share--0.9900.300+230%0.202+389%0.283+250%0.436+127%
Usd Price Per Share85.900+5%81.53282.234-1%55.201+48%57.758+41%50.951+60%
Usd Profit--416678600.000398043600.000+5%275052600.000+51%232602070.000+79%189052075.000+120%
Usd Revenue--12961015200.00010296582900.000+26%10006808650.000+30%9471835070.000+37%8647366765.000+50%
Usd Total Gains Per Share--0.7880.686+15%0.586+34%0.398+98%0.554+42%
 EOD+2 -3MRQTTM+27 -15YOY+32 -105Y+32 -1010Y+27 -15

3.2. Fundamental Score

Let's check the fundamental score of Loblaw Companies Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1567.278
Price to Book Ratio (EOD)Between0-13.309
Net Profit Margin (MRQ)Greater than00.032
Operating Margin (MRQ)Greater than00.057
Quick Ratio (MRQ)Greater than10.757
Current Ratio (MRQ)Greater than11.340
Debt to Asset Ratio (MRQ)Less than10.700
Debt to Equity Ratio (MRQ)Less than12.335
Return on Equity (MRQ)Greater than0.150.049
Return on Assets (MRQ)Greater than0.050.015
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Loblaw Companies Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5037.572
Ma 20Greater thanMa 50118.080
Ma 50Greater thanMa 100120.124
Ma 100Greater thanMa 200115.744
OpenGreater thanClose115.050
Total1/5 (20.0%)



Latest Balance Sheet

Balance Sheet of 2022-09-30. Currency in CAD. All numbers in thousands.

Summary
Total Assets37,695,000
Total Liabilities26,391,000
Total Stockholder Equity11,304,000
 As reported
Total Liabilities 26,391,000
Total Stockholder Equity+ 11,304,000
Total Assets = 37,695,000

Assets

Total Assets37,695,000
Total Current Assets13,014,000
Long-term Assets13,014,000
Total Current Assets
Cash And Cash Equivalents 933,000
Short-term Investments 544,000
Net Receivables 4,843,000
Inventory 5,763,000
Other Current Assets 384,000
Total Current Assets  (as reported)13,014,000
Total Current Assets  (calculated)12,467,000
+/- 547,000
Long-term Assets
Property Plant Equipment 12,843,000
Goodwill 4,318,000
Long Term Investments 167,000
Intangible Assets 6,605,000
Other Assets 748,000
Long-term Assets  (as reported)24,681,000
Long-term Assets  (calculated)24,681,000
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities9,709,000
Long-term Liabilities16,503,000
Total Stockholder Equity11,304,000
Total Current Liabilities
Short-term Debt 616,000
Short Long Term Debt 1,414,000
Accounts payable 5,774,000
Other Current Liabilities 1,130,000
Total Current Liabilities  (as reported)9,709,000
Total Current Liabilities  (calculated)8,934,000
+/- 775,000
Long-term Liabilities
Long term Debt Total 14,656,000
Other Liabilities 1,847,000
Long-term Liabilities  (as reported)16,503,000
Long-term Liabilities  (calculated)16,503,000
+/-0
Total Stockholder Equity
Common Stock6,507,000
Retained Earnings 4,443,000
Capital Surplus 116,000
Other Stockholders Equity 17,000
Total Stockholder Equity (as reported)11,304,000
Total Stockholder Equity (calculated)11,083,000
+/- 221,000
Other
Capital Stock6,728,000
Cash And Equivalents481,000
Cash and Short Term Investments 1,958,000
Common Stock Shares Outstanding 324,597
Liabilities and Stockholders Equity 37,695,000
Net Debt 6,978,000
Net Invested Capital 19,475,000
Net Tangible Assets 160,000
Net Working Capital 3,305,000



Balance Sheet

Currency in CAD. All numbers in thousands.

 Trend2022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-312004-12-312004-09-302004-06-302004-03-312003-12-312003-09-302003-06-302003-03-312002-12-312002-09-302002-06-302002-03-312001-12-312001-09-302001-06-302001-03-312000-12-312000-09-302000-06-302000-03-311999-12-311999-09-301999-06-301999-03-311998-12-311998-09-301998-06-301998-03-311997-12-311997-09-301997-06-301997-03-31
> Total Assets 
3,520,000
3,605,000
3,687,000
4,013,000
4,112,000
4,304,000
4,415,000
7,105,000
7,306,000
7,485,000
7,694,000
7,979,000
8,004,000
8,218,000
8,802,000
9,025,000
9,175,000
9,595,000
9,919,000
10,008,000
10,274,000
10,373,000
10,758,000
11,110,000
11,261,000
11,525,000
12,010,000
12,177,000
12,353,000
12,548,000
12,719,000
13,046,000
13,259,000
13,452,000
13,642,000
13,761,000
13,797,000
13,944,000
14,031,000
13,486,000
13,284,000
13,256,000
13,357,000
13,674,000
13,536,000
13,641,000
13,574,000
13,985,000
13,814,000
13,974,000
14,672,000
14,991,000
14,765,000
15,128,000
15,498,000
15,919,000
16,035,000
16,579,000
16,909,000
17,428,000
16,878,000
17,269,000
17,354,000
17,961,000
17,460,000
17,717,000
20,460,000
20,759,000
20,616,000
34,025,000
33,761,000
33,684,000
33,656,000
33,864,000
34,041,000
33,939,000
33,367,000
33,192,000
33,563,000
34,436,000
33,585,000
34,026,000
34,199,000
35,106,000
35,211,000
40,000,000
40,352,000
30,153,000
35,224,000
35,480,000
35,463,000
36,309,000
36,071,000
36,131,000
35,868,000
35,870,000
35,248,000
35,469,000
35,958,000
36,614,000
36,613,000
36,714,000
37,695,000
37,695,00036,714,00036,613,00036,614,00035,958,00035,469,00035,248,00035,870,00035,868,00036,131,00036,071,00036,309,00035,463,00035,480,00035,224,00030,153,00040,352,00040,000,00035,211,00035,106,00034,199,00034,026,00033,585,00034,436,00033,563,00033,192,00033,367,00033,939,00034,041,00033,864,00033,656,00033,684,00033,761,00034,025,00020,616,00020,759,00020,460,00017,717,00017,460,00017,961,00017,354,00017,269,00016,878,00017,428,00016,909,00016,579,00016,035,00015,919,00015,498,00015,128,00014,765,00014,991,00014,672,00013,974,00013,814,00013,985,00013,574,00013,641,00013,536,00013,674,00013,357,00013,256,00013,284,00013,486,00014,031,00013,944,00013,797,00013,761,00013,642,00013,452,00013,259,00013,046,00012,719,00012,548,00012,353,00012,177,00012,010,00011,525,00011,261,00011,110,00010,758,00010,373,00010,274,00010,008,0009,919,0009,595,0009,175,0009,025,0008,802,0008,218,0008,004,0007,979,0007,694,0007,485,0007,306,0007,105,0004,415,0004,304,0004,112,0004,013,0003,687,0003,605,0003,520,000
   > Total Current Assets 
1,522,000
1,539,000
1,467,000
1,681,000
1,701,000
1,821,000
1,809,000
2,249,000
2,288,000
2,288,000
2,344,000
2,415,000
2,451,000
2,566,000
2,970,000
2,916,000
2,964,000
3,253,000
3,254,000
3,086,000
3,289,000
3,292,000
3,440,000
3,526,000
3,575,000
3,596,000
3,768,000
3,485,000
3,596,000
3,655,000
3,439,000
3,451,000
3,453,000
3,688,000
3,634,000
3,701,000
3,694,000
3,789,000
3,777,000
3,948,000
3,719,000
3,643,000
3,685,000
4,093,000
3,647,000
3,794,000
3,755,000
3,960,000
3,795,000
4,011,000
4,270,000
4,364,000
4,204,000
4,525,000
4,523,000
4,626,000
5,445,000
6,031,000
6,332,000
6,462,000
5,928,000
6,223,000
6,230,000
6,667,000
6,332,000
6,562,000
7,589,000
7,887,000
7,826,000
9,399,000
9,521,000
9,405,000
9,453,000
9,824,000
10,041,000
9,855,000
9,571,000
9,541,000
9,945,000
10,204,000
9,661,000
10,188,000
10,487,000
11,327,000
11,616,000
10,469,000
11,007,000
11,637,000
9,868,000
10,304,000
10,456,000
11,310,000
11,303,000
11,581,000
11,549,000
11,551,000
11,096,000
11,382,000
12,010,000
12,637,000
12,853,000
12,233,000
13,014,000
13,014,00012,233,00012,853,00012,637,00012,010,00011,382,00011,096,00011,551,00011,549,00011,581,00011,303,00011,310,00010,456,00010,304,0009,868,00011,637,00011,007,00010,469,00011,616,00011,327,00010,487,00010,188,0009,661,00010,204,0009,945,0009,541,0009,571,0009,855,00010,041,0009,824,0009,453,0009,405,0009,521,0009,399,0007,826,0007,887,0007,589,0006,562,0006,332,0006,667,0006,230,0006,223,0005,928,0006,462,0006,332,0006,031,0005,445,0004,626,0004,523,0004,525,0004,204,0004,364,0004,270,0004,011,0003,795,0003,960,0003,755,0003,794,0003,647,0004,093,0003,685,0003,643,0003,719,0003,948,0003,777,0003,789,0003,694,0003,701,0003,634,0003,688,0003,453,0003,451,0003,439,0003,655,0003,596,0003,485,0003,768,0003,596,0003,575,0003,526,0003,440,0003,292,0003,289,0003,086,0003,254,0003,253,0002,964,0002,916,0002,970,0002,566,0002,451,0002,415,0002,344,0002,288,0002,288,0002,249,0001,809,0001,821,0001,701,0001,681,0001,467,0001,539,0001,522,000
       Cash And Cash Equivalents 
0
0
0
776,000
0
0
0
672,000
0
0
0
481,000
0
0
0
686,000
645,000
943,000
685,000
575,000
647,000
786,000
568,000
823,000
883,000
980,000
669,000
618,000
669,000
758,000
594,000
549,000
862,000
1,034,000
885,000
916,000
716,000
528,000
550,000
669,000
547,000
572,000
570,000
674,000
574,000
345,000
439,000
528,000
438,000
770,000
1,164,000
993,000
928,000
1,301,000
1,281,000
932,000
427,000
774,000
987,000
966,000
657,000
923,000
749,000
1,079,000
689,000
771,000
1,438,000
2,260,000
2,537,000
1,179,000
980,000
999,000
1,013,000
1,285,000
1,275,000
1,018,000
1,243,000
1,210,000
1,312,000
1,314,000
1,038,000
1,276,000
1,510,000
1,798,000
1,260,000
1,187,000
1,314,000
1,065,000
929,000
1,151,000
944,000
2,341,000
2,184,000
1,585,000
1,499,000
2,674,000
1,549,000
1,888,000
936,000
1,127,000
2,074,000
1,477,000
933,000
933,0001,477,0002,074,0001,127,000936,0001,888,0001,549,0002,674,0001,499,0001,585,0002,184,0002,341,000944,0001,151,000929,0001,065,0001,314,0001,187,0001,260,0001,798,0001,510,0001,276,0001,038,0001,314,0001,312,0001,210,0001,243,0001,018,0001,275,0001,285,0001,013,000999,000980,0001,179,0002,537,0002,260,0001,438,000771,000689,0001,079,000749,000923,000657,000966,000987,000774,000427,000932,0001,281,0001,301,000928,000993,0001,164,000770,000438,000528,000439,000345,000574,000674,000570,000572,000547,000669,000550,000528,000716,000916,000885,0001,034,000862,000549,000594,000758,000669,000618,000669,000980,000883,000823,000568,000786,000647,000575,000685,000943,000645,000686,000000481,000000672,000000776,000000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
245,000
0
0
0
364,000
421,000
366,000
450,000
426,000
520,000
349,000
655,000
304,000
315,000
112,000
490,000
378,000
388,000
325,000
246,000
275,000
4,000
4,000
4,000
4,000
187,000
340,000
342,000
327,000
388,000
309,000
333,000
303,000
57,000
296,000
251,000
225,000
319,000
308,000
206,000
397,000
274,000
324,000
327,000
735,000
678,000
699,000
820,000
754,000
780,000
718,000
836,000
716,000
854,000
847,000
883,000
290,000
39,000
47,000
49,000
21,000
44,000
52,000
46,000
64,000
70,000
24,000
156,000
241,000
354,000
397,000
331,000
546,000
459,000
369,000
112,000
94,000
73,000
39,000
78,000
57,000
64,000
361,000
345,000
269,000
226,000
224,000
593,000
464,000
647,000
184,000
544,000
544,000184,000647,000464,000593,000224,000226,000269,000345,000361,00064,00057,00078,00039,00073,00094,000112,000369,000459,000546,000331,000397,000354,000241,000156,00024,00070,00064,00046,00052,00044,00021,00049,00047,00039,000290,000883,000847,000854,000716,000836,000718,000780,000754,000820,000699,000678,000735,000327,000324,000274,000397,000206,000308,000319,000225,000251,000296,00057,000303,000333,000309,000388,000327,000342,000340,000187,0004,0004,0004,0004,000275,000246,000325,000388,000378,000490,000112,000315,000304,000655,000349,000520,000426,000450,000366,000421,000364,000000245,00000000000000
       Net Receivables 
0
0
0
150,000
0
0
0
345,000
0
0
0
325,000
0
0
0
381,000
382,000
422,000
535,000
472,000
526,000
529,000
491,000
605,000
542,000
606,000
630,000
588,000
573,000
587,000
587,000
665,000
533,000
573,000
535,000
659,000
582,000
658,000
605,000
728,000
578,000
623,000
656,000
885,000
840,000
891,000
688,000
907,000
698,000
693,000
606,000
774,000
678,000
643,000
593,000
724,000
2,254,000
2,394,000
2,315,000
2,568,000
2,424,000
2,522,000
2,564,000
2,761,000
2,694,000
2,758,000
2,995,000
3,156,000
3,020,000
3,606,000
3,736,000
3,839,000
3,757,000
3,869,000
3,821,000
4,115,000
3,758,000
3,823,000
3,828,000
4,048,000
3,731,000
3,894,000
3,961,000
4,288,000
3,894,000
4,131,000
4,187,000
4,527,000
4,033,000
4,297,000
4,338,000
3,600,000
4,207,000
3,878,000
3,979,000
3,089,000
3,785,000
3,903,000
4,048,000
4,691,000
4,372,000
4,773,000
4,843,000
4,843,0004,773,0004,372,0004,691,0004,048,0003,903,0003,785,0003,089,0003,979,0003,878,0004,207,0003,600,0004,338,0004,297,0004,033,0004,527,0004,187,0004,131,0003,894,0004,288,0003,961,0003,894,0003,731,0004,048,0003,828,0003,823,0003,758,0004,115,0003,821,0003,869,0003,757,0003,839,0003,736,0003,606,0003,020,0003,156,0002,995,0002,758,0002,694,0002,761,0002,564,0002,522,0002,424,0002,568,0002,315,0002,394,0002,254,000724,000593,000643,000678,000774,000606,000693,000698,000907,000688,000891,000840,000885,000656,000623,000578,000728,000605,000658,000582,000659,000535,000573,000533,000665,000587,000587,000573,000588,000630,000606,000542,000605,000491,000529,000526,000472,000535,000422,000382,000381,000000325,000000345,000000150,000000
       Other Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
58,000
135,000
132,000
40,000
38,000
1,344,000
85,000
446,000
858,000
66,000
96,000
125,000
111,000
166,000
184,000
114,000
111,000
108,000
114,000
97,000
96,000
124,000
116,000
384,000
384,000116,000124,00096,00097,000114,000108,000111,000114,000184,000166,000111,000125,00096,00066,000858,000446,00085,0001,344,00038,00040,000132,000135,00058,0000000000000000000000000000000000000000000000000000000000000000000000000000000000
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
25,356,000
25,176,000
25,007,000
24,999,000
24,550,000
24,550,000
24,319,000
24,319,000
24,152,000
24,087,000
23,948,000
23,977,000
23,760,000
24,481,000
24,681,000
24,681,00024,481,00023,760,00023,977,00023,948,00024,087,00024,152,00024,319,00024,319,00024,550,00024,550,00024,999,00025,007,00025,176,00025,356,0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Property Plant Equipment 
1,758,000
1,824,000
1,978,000
2,093,000
2,167,000
2,232,000
2,348,000
3,194,000
3,334,000
3,247,000
3,379,000
3,549,000
3,576,000
3,692,000
3,888,000
4,174,000
4,274,000
4,397,000
4,641,000
4,931,000
5,021,000
5,111,000
5,348,000
5,587,000
5,661,000
5,820,000
6,104,000
6,422,000
6,511,000
6,682,000
6,938,000
7,113,000
7,343,000
7,414,000
7,611,000
7,785,000
7,833,000
7,881,000
7,987,000
8,055,000
8,053,000
8,051,000
8,078,000
7,953,000
7,943,000
7,898,000
7,877,000
7,489,000
8,051,000
8,103,000
8,283,000
8,559,000
8,549,000
8,599,000
8,853,000
9,123,000
8,384,000
8,413,000
8,486,000
8,725,000
8,694,000
8,765,000
8,808,000
8,973,000
8,919,000
8,937,000
8,940,000
9,105,000
9,034,000
10,774,000
10,742,000
10,794,000
10,297,000
10,275,000
10,318,000
10,480,000
10,336,000
10,320,000
10,396,000
10,559,000
10,418,000
10,425,000
10,499,000
10,669,000
10,623,000
10,589,000
10,630,000
5,931,000
12,853,000
12,754,000
12,749,000
12,852,000
12,790,000
12,671,000
12,601,000
12,747,000
12,656,000
12,546,000
12,616,000
12,622,000
12,469,000
12,624,000
12,843,000
12,843,00012,624,00012,469,00012,622,00012,616,00012,546,00012,656,00012,747,00012,601,00012,671,00012,790,00012,852,00012,749,00012,754,00012,853,0005,931,00010,630,00010,589,00010,623,00010,669,00010,499,00010,425,00010,418,00010,559,00010,396,00010,320,00010,336,00010,480,00010,318,00010,275,00010,297,00010,794,00010,742,00010,774,0009,034,0009,105,0008,940,0008,937,0008,919,0008,973,0008,808,0008,765,0008,694,0008,725,0008,486,0008,413,0008,384,0009,123,0008,853,0008,599,0008,549,0008,559,0008,283,0008,103,0008,051,0007,489,0007,877,0007,898,0007,943,0007,953,0008,078,0008,051,0008,053,0008,055,0007,987,0007,881,0007,833,0007,785,0007,611,0007,414,0007,343,0007,113,0006,938,0006,682,0006,511,0006,422,0006,104,0005,820,0005,661,0005,587,0005,348,0005,111,0005,021,0004,931,0004,641,0004,397,0004,274,0004,174,0003,888,0003,692,0003,576,0003,549,0003,379,0003,247,0003,334,0003,194,0002,348,0002,232,0002,167,0002,093,0001,978,0001,824,0001,758,000
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,599,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,587,000
1,588,000
1,589,000
1,589,000
794,000
793,000
805,000
804,000
806,000
807,000
807,000
807,000
807,000
807,000
807,000
0
943,000
0
0
0
942,000
0
0
0
948,000
0
0
0
943,000
0
0
0
943,000
0
3,209,000
3,211,000
3,243,000
3,325,000
3,327,000
3,357,000
3,362,000
3,366,000
3,370,000
3,382,000
3,895,000
3,895,000
3,914,000
3,920,000
3,922,000
3,924,000
4,282,000
4,288,000
3,942,000
3,944,000
3,944,000
3,944,000
3,946,000
3,946,000
3,948,000
3,948,000
3,948,000
3,948,000
3,949,000
3,949,000
3,949,000
3,952,000
4,323,000
4,318,000
4,318,0004,323,0003,952,0003,949,0003,949,0003,949,0003,948,0003,948,0003,948,0003,948,0003,946,0003,946,0003,944,0003,944,0003,944,0003,942,0004,288,0004,282,0003,924,0003,922,0003,920,0003,914,0003,895,0003,895,0003,382,0003,370,0003,366,0003,362,0003,357,0003,327,0003,325,0003,243,0003,211,0003,209,0000943,000000943,000000948,000000942,000000943,0000807,000807,000807,000807,000807,000807,000806,000804,000805,000793,000794,0001,589,0001,589,0001,588,0001,587,000000000000000001,599,00000000000000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
84,000
84,000
77,000
78,000
75,000
70,000
779,000
800,000
31,000
41,000
59,000
67,000
22,000
31,000
31,000
93,000
118,000
101,000
100,000
96,000
127,000
136,000
116,000
167,000
167,000116,000136,000127,00096,000100,000101,000118,00093,00031,00031,00022,00067,00059,00041,00031,000800,000779,00070,00075,00078,00077,00084,00084,0000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Intangible Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
83,000
0
0
0
87,000
0
0
0
81,000
0
0
0
114,000
0
0
0
111,000
0
9,471,000
9,266,000
9,177,000
9,533,000
9,403,000
9,239,000
9,164,000
9,059,000
8,957,000
8,819,000
8,745,000
8,619,000
8,538,000
8,375,000
8,251,000
8,159,000
8,081,000
7,933,000
7,798,000
7,622,000
7,524,000
7,419,000
7,322,000
7,242,000
7,117,000
6,980,000
6,870,000
6,761,000
6,654,000
6,502,000
6,402,000
6,282,000
6,743,000
6,605,000
6,605,0006,743,0006,282,0006,402,0006,502,0006,654,0006,761,0006,870,0006,980,0007,117,0007,242,0007,322,0007,419,0007,524,0007,622,0007,798,0007,933,0008,081,0008,159,0008,251,0008,375,0008,538,0008,619,0008,745,0008,819,0008,957,0009,059,0009,164,0009,239,0009,403,0009,533,0009,177,0009,266,0009,471,0000111,000000114,00000081,00000087,00000083,000000000000000000000000000000000000000000000000000000
       Other 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
949,000
908,000
884,000
840,000
862,000
819,000
5,800,000
5,694,000
814,000
896,000
546,000
517,000
857,000
777,000
783,000
697,000
636,000
686,000
838,000
785,000
877,000
921,000
675,000
748,000
748,000675,000921,000877,000785,000838,000686,000636,000697,000783,000777,000857,000517,000546,000896,000814,0005,694,0005,800,000819,000862,000840,000884,000908,000949,0000000000000000000000000000000000000000000000000000000000000000000000000000000000
> Total Liabilities 
2,180,000
2,227,000
2,259,000
2,518,000
2,575,000
2,720,000
2,794,000
4,510,000
4,648,000
4,764,000
4,904,000
5,075,000
5,191,000
5,332,000
5,829,000
5,823,000
5,991,000
6,229,000
6,540,000
6,439,000
6,637,000
6,620,000
6,855,000
6,986,000
7,067,000
7,191,000
7,500,000
7,445,000
7,509,000
7,587,000
7,590,000
7,632,000
7,780,000
7,821,000
7,890,000
7,864,000
7,823,000
7,830,000
7,768,000
8,033,000
7,835,000
7,752,000
7,793,000
8,113,000
8,015,000
8,046,000
7,874,000
8,135,000
7,958,000
7,987,000
8,471,000
8,687,000
8,391,000
8,592,000
8,719,000
8,998,000
10,279,000
10,696,000
10,961,000
11,421,000
10,776,000
11,154,000
11,042,000
11,544,000
10,918,000
11,026,000
13,553,000
13,741,000
13,612,000
21,422,000
21,186,000
20,897,000
20,845,000
20,761,000
20,767,000
20,775,000
20,484,000
20,391,000
20,549,000
21,408,000
20,677,000
21,118,000
20,955,000
22,054,000
22,454,000
27,498,000
27,754,000
17,975,000
23,850,000
24,127,000
24,151,000
24,988,000
24,763,000
24,918,000
24,675,000
24,751,000
24,215,000
24,303,000
24,861,000
25,041,000
24,841,000
25,376,000
26,391,000
26,391,00025,376,00024,841,00025,041,00024,861,00024,303,00024,215,00024,751,00024,675,00024,918,00024,763,00024,988,00024,151,00024,127,00023,850,00017,975,00027,754,00027,498,00022,454,00022,054,00020,955,00021,118,00020,677,00021,408,00020,549,00020,391,00020,484,00020,775,00020,767,00020,761,00020,845,00020,897,00021,186,00021,422,00013,612,00013,741,00013,553,00011,026,00010,918,00011,544,00011,042,00011,154,00010,776,00011,421,00010,961,00010,696,00010,279,0008,998,0008,719,0008,592,0008,391,0008,687,0008,471,0007,987,0007,958,0008,135,0007,874,0008,046,0008,015,0008,113,0007,793,0007,752,0007,835,0008,033,0007,768,0007,830,0007,823,0007,864,0007,890,0007,821,0007,780,0007,632,0007,590,0007,587,0007,509,0007,445,0007,500,0007,191,0007,067,0006,986,0006,855,0006,620,0006,637,0006,439,0006,540,0006,229,0005,991,0005,823,0005,829,0005,332,0005,191,0005,075,0004,904,0004,764,0004,648,0004,510,0002,794,0002,720,0002,575,0002,518,0002,259,0002,227,0002,180,000
   > Total Current Liabilities 
1,264,000
1,312,000
1,346,000
1,479,000
1,335,000
1,483,000
1,622,000
2,956,000
2,495,000
2,527,000
2,680,000
2,812,000
2,805,000
2,491,000
3,085,000
3,207,000
2,915,000
2,523,000
2,734,000
2,796,000
2,695,000
2,784,000
3,025,000
3,154,000
3,083,000
3,058,000
3,291,000
3,114,000
3,165,000
3,241,000
3,217,000
3,213,000
2,954,000
3,130,000
3,141,000
3,162,000
3,130,000
3,148,000
3,013,000
3,273,000
3,002,000
3,310,000
3,338,000
3,622,000
3,624,000
3,378,000
2,971,000
3,230,000
3,060,000
3,058,000
3,490,000
3,628,000
3,728,000
3,545,000
3,615,000
3,852,000
4,070,000
4,334,000
4,356,000
4,718,000
4,103,000
4,527,000
4,482,000
5,396,000
4,971,000
5,592,000
5,369,000
5,513,000
4,860,000
5,815,000
6,116,000
6,395,000
6,419,000
7,194,000
7,476,000
7,222,000
6,532,000
6,333,000
6,523,000
6,942,000
5,936,000
6,785,000
7,225,000
8,694,000
9,346,000
9,189,000
9,265,000
8,704,000
7,927,000
7,718,000
8,200,000
9,227,000
8,656,000
8,809,000
8,675,000
8,759,000
8,211,000
8,921,000
9,002,000
9,196,000
9,279,000
9,072,000
9,709,000
9,709,0009,072,0009,279,0009,196,0009,002,0008,921,0008,211,0008,759,0008,675,0008,809,0008,656,0009,227,0008,200,0007,718,0007,927,0008,704,0009,265,0009,189,0009,346,0008,694,0007,225,0006,785,0005,936,0006,942,0006,523,0006,333,0006,532,0007,222,0007,476,0007,194,0006,419,0006,395,0006,116,0005,815,0004,860,0005,513,0005,369,0005,592,0004,971,0005,396,0004,482,0004,527,0004,103,0004,718,0004,356,0004,334,0004,070,0003,852,0003,615,0003,545,0003,728,0003,628,0003,490,0003,058,0003,060,0003,230,0002,971,0003,378,0003,624,0003,622,0003,338,0003,310,0003,002,0003,273,0003,013,0003,148,0003,130,0003,162,0003,141,0003,130,0002,954,0003,213,0003,217,0003,241,0003,165,0003,114,0003,291,0003,058,0003,083,0003,154,0003,025,0002,784,0002,695,0002,796,0002,734,0002,523,0002,915,0003,207,0003,085,0002,491,0002,805,0002,812,0002,680,0002,527,0002,495,0002,956,0001,622,0001,483,0001,335,0001,479,0001,346,0001,312,0001,264,000
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
245,000
0
0
0
364,000
421,000
366,000
450,000
426,000
520,000
349,000
655,000
304,000
315,000
112,000
490,000
378,000
388,000
325,000
246,000
275,000
4,000
4,000
4,000
4,000
187,000
340,000
342,000
327,000
388,000
309,000
333,000
303,000
57,000
296,000
251,000
225,000
319,000
308,000
206,000
397,000
274,000
324,000
327,000
735,000
678,000
699,000
820,000
754,000
780,000
718,000
836,000
716,000
854,000
847,000
883,000
290,000
39,000
47,000
49,000
21,000
44,000
52,000
46,000
64,000
70,000
24,000
156,000
241,000
354,000
397,000
331,000
546,000
459,000
369,000
112,000
94,000
73,000
39,000
78,000
57,000
64,000
658,000
345,000
597,000
582,000
438,000
466,000
502,000
650,000
523,000
616,000
616,000523,000650,000502,000466,000438,000582,000597,000345,000658,00064,00057,00078,00039,00073,00094,000112,000369,000459,000546,000331,000397,000354,000241,000156,00024,00070,00064,00046,00052,00044,00021,00049,00047,00039,000290,000883,000847,000854,000716,000836,000718,000780,000754,000820,000699,000678,000735,000327,000324,000274,000397,000206,000308,000319,000225,000251,000296,00057,000303,000333,000309,000388,000327,000342,000340,000187,0004,0004,0004,0004,000275,000246,000325,000388,000378,000490,000112,000315,000304,000655,000349,000520,000426,000450,000366,000421,000364,000000245,00000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
11,650,000
11,660,000
11,799,000
981,000
1,591,000
3,052,000
2,584,000
2,334,000
1,610,000
1,532,000
1,203,000
1,696,000
1,870,000
1,898,000
1,898,000
1,376,000
1,258,000
1,158,000
1,422,000
1,347,000
1,504,000
1,677,000
1,008,000
1,414,000
1,414,0001,008,0001,677,0001,504,0001,347,0001,422,0001,158,0001,258,0001,376,0001,898,0001,898,0001,870,0001,696,0001,203,0001,532,0001,610,0002,334,0002,584,0003,052,0001,591,000981,00011,799,00011,660,00011,650,0000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Accounts payable 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,850,000
4,492,000
4,795,000
4,827,000
5,211,000
4,697,000
4,999,000
5,186,000
5,283,000
4,480,000
4,613,000
4,601,000
5,314,000
4,901,000
4,860,000
5,201,000
5,369,000
4,979,000
5,244,000
5,320,000
5,432,000
5,229,000
5,576,000
5,774,000
5,774,0005,576,0005,229,0005,432,0005,320,0005,244,0004,979,0005,369,0005,201,0004,860,0004,901,0005,314,0004,601,0004,613,0004,480,0005,283,0005,186,0004,999,0004,697,0005,211,0004,827,0004,795,0004,492,0004,850,0000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Other Current Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
902,000
510,000
518,000
472,000
1,087,000
840,000
720,000
740,000
803,000
222,000
232,000
238,000
623,000
723,000
724,000
766,000
753,000
733,000
910,000
969,000
963,000
1,012,000
1,101,000
1,130,000
1,130,0001,101,0001,012,000963,000969,000910,000733,000753,000766,000724,000723,000623,000238,000232,000222,000803,000740,000720,000840,0001,087,000472,000518,000510,000902,0000000000000000000000000000000000000000000000000000000000000000000000000000000000
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
15,923,000
16,409,000
15,951,000
15,761,000
16,023,000
16,023,000
16,000,000
15,992,000
16,004,000
15,382,000
15,663,000
15,681,000
15,562,000
16,304,000
16,503,000
16,503,00016,304,00015,562,00015,681,00015,663,00015,382,00016,004,00015,992,00016,000,00016,023,00016,023,00015,761,00015,951,00016,409,00015,923,0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
13,701,000
14,198,000
13,811,000
13,662,000
14,076,000
14,028,000
14,073,000
13,971,000
14,027,000
13,437,000
13,780,000
13,753,000
13,685,000
14,350,000
14,656,000
14,656,00014,350,00013,685,00013,753,00013,780,00013,437,00014,027,00013,971,00014,073,00014,028,00014,076,00013,662,00013,811,00014,198,00013,701,0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,996,000
4,003,000
3,995,000
3,895,000
3,818,000
3,697,000
6,306,000
6,200,000
2,892,000
2,222,000
2,211,000
2,140,000
2,099,000
2,031,000
1,995,000
1,927,000
2,021,000
1,977,000
1,945,000
1,883,000
1,928,000
1,877,000
1,954,000
1,847,000
1,847,0001,954,0001,877,0001,928,0001,883,0001,945,0001,977,0002,021,0001,927,0001,995,0002,031,0002,099,0002,140,0002,211,0002,222,0002,892,0006,200,0006,306,0003,697,0003,818,0003,895,0003,995,0004,003,0003,996,0000000000000000000000000000000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
12,781,000
12,666,000
12,664,000
12,999,000
12,791,000
12,508,000
12,241,000
12,330,000
11,898,000
11,322,000
11,292,000
11,229,000
11,234,000
11,202,000
11,213,000
11,099,000
10,988,000
10,926,000
11,013,000
11,097,000
11,573,000
11,632,000
11,167,000
11,304,000
11,304,00011,167,00011,632,00011,573,00011,097,00011,013,00010,926,00010,988,00011,099,00011,213,00011,202,00011,234,00011,229,00011,292,00011,322,00011,898,00012,330,00012,241,00012,508,00012,791,00012,999,00012,664,00012,666,00012,781,0000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Retained Earnings 
1,074,500
1,112,500
1,148,500
1,221,000
1,264,000
1,307,000
1,349,000
1,429,000
1,475,000
1,538,000
1,607,000
1,721,000
1,622,000
1,693,000
1,778,000
1,930,000
1,990,000
2,077,000
2,185,000
2,375,000
2,443,000
2,559,000
2,709,000
2,929,000
3,001,000
3,141,000
3,314,000
3,538,000
3,650,000
3,769,000
3,937,000
4,222,000
4,277,000
4,431,000
4,550,000
4,694,000
4,776,000
4,913,000
5,058,000
4,245,000
4,226,000
4,288,000
4,347,000
4,330,000
4,293,000
4,376,000
4,473,000
4,604,000
4,622,000
4,758,000
4,889,000
4,948,000
5,027,000
5,149,000
5,303,000
5,395,000
4,229,000
4,300,000
4,358,000
4,414,000
4,504,000
4,513,000
4,701,000
4,790,000
4,895,000
5,001,000
5,204,000
5,289,000
5,264,000
4,694,000
4,641,000
4,810,000
4,821,000
4,881,000
5,035,000
4,954,000
4,747,000
4,687,000
4,927,000
4,944,000
4,872,000
4,935,000
5,388,000
5,198,000
5,043,000
4,859,000
4,907,000
4,580,000
3,777,000
3,785,000
3,771,000
3,822,000
3,853,000
3,871,000
3,828,000
3,813,000
3,847,000
3,981,000
4,098,000
4,591,000
4,671,000
4,285,000
4,443,000
4,443,0004,285,0004,671,0004,591,0004,098,0003,981,0003,847,0003,813,0003,828,0003,871,0003,853,0003,822,0003,771,0003,785,0003,777,0004,580,0004,907,0004,859,0005,043,0005,198,0005,388,0004,935,0004,872,0004,944,0004,927,0004,687,0004,747,0004,954,0005,035,0004,881,0004,821,0004,810,0004,641,0004,694,0005,264,0005,289,0005,204,0005,001,0004,895,0004,790,0004,701,0004,513,0004,504,0004,414,0004,358,0004,300,0004,229,0005,395,0005,303,0005,149,0005,027,0004,948,0004,889,0004,758,0004,622,0004,604,0004,473,0004,376,0004,293,0004,330,0004,347,0004,288,0004,226,0004,245,0005,058,0004,913,0004,776,0004,694,0004,550,0004,431,0004,277,0004,222,0003,937,0003,769,0003,650,0003,538,0003,314,0003,141,0003,001,0002,929,0002,709,0002,559,0002,443,0002,375,0002,185,0002,077,0001,990,0001,930,0001,778,0001,693,0001,622,0001,721,0001,607,0001,538,0001,475,0001,429,0001,349,0001,307,0001,264,0001,221,0001,148,5001,112,5001,074,500
   Accumulated Other Comprehensive Income 0000000-9,728,000000-8,983,000-732,000-440,0000-8,775,000000-10,055,000000-9,307,000000-8,691,000000-8,769,000000-7,855,000000-7,190,000000-6,530,000000-5,878,000000-5,319,000000-4,852,000-4,452,000-4,452,000-4,452,000-4,452,000-3,853,000-3,853,000-3,853,000-3,853,000-3,332,000-3,332,000-3,332,000-3,332,000-2,933,000-2,933,000-2,933,000-2,933,000-2,270,000-2,270,000-2,270,000-2,270,000-2,270,000-2,270,000-2,270,000-2,270,000-1,967,000-1,967,000-1,967,000-1,967,0000-1,697,0000-1,697,000-1,466,000-1,466,000-1,466,000-1,466,000-1,195,000-1,195,000-1,195,000-1,195,000-1,062,000-1,062,000-1,062,000-1,062,000-943,000-943,000-943,000
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
88,000
90,000
94,000
100,000
86,000
92,000
101,000
109,000
101,000
98,000
110,000
116,000
95,000
99,000
116,000
116,00099,00095,000116,000110,00098,000101,000109,000101,00092,00086,000100,00094,00090,00088,0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000



Balance Sheet

Currency in CAD. All numbers in thousands.