Mercury General Corporation
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Penke I guess you are interested in Mercury General Corporation. 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 Mercury General Corporation. 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 Mercury General Corporation (30 sec.)

What can you expect buying and holding a share of Mercury General Corporation? (30 sec.)

How much money do you get?

$1.27

When do you have the money?

1 year

How often do you get paid?

100.0%

What is your share worth?

Current worth

$27.96

Expected worth in 1 year

$28.43

How sure are you?

70.0%

+ What do you gain per year?

Total Gains per Share

$1.74

Return On Investment

3.2%

For what price can you sell your share?

Current Price per Share

$53.63

Expected price per share

$46.81 - $

How sure are you?

50%

1. Valuation of Mercury General Corporation (5 min.)

Live pricePrice per Share (EOD)

$53.63

Book Value per Share

$27.96

Intrinsic Value Per Share

$94.30 - $126.15

Total Value Per Share

$122.26 - $154.11

My calculation of the intrinsic value of Mercury General Corporation 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: ($1.62) 3Y: ($1.80) TTM: ($1.88)
The change per quarter (trend) of the Free Cash Flow Per Share is 10Y: ($0.08) 3Y: ($0.10) TTM: ($0.71)

Years	Total Low est.	Total High est.	Added Free Cash Flow
1	$7.01	$7.99	$7.77 - $8.71
2	$14.82	$17.19	$9.08 - $10.23
3	$23.31	$27.54	$10.39 - $11.76
4	$32.37	$38.96	$11.69 - $13.28
5	$41.93	$51.37	$13.00 - $14.81
6	$51.88	$64.72	$14.31 - $16.33
7	$62.16	$78.93	$15.62 - $17.86
8	$72.70	$93.95	$16.93 - $19.38
9	$83.43	$109.70	$18.24 - $20.91
10	$94.30	$126.15	$19.54 - $22.44

2. Growth of Mercury General Corporation (5 min.)

Is Mercury General Corporation growing?

	Current year	Previous year	Grow	Grow %
How rich?	$1.5b	$1.6b	-$214.3m	-14.8%

How much money is Mercury General Corporation making?

	Current year	Previous year	Grow	Grow %
Making money	$24m	-$128.1m	$152.2m	632.2%
Net Profit Margin	1.3%	-15.7%	-	-

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

Quarterly Yearly

3. Financial Health of Mercury General Corporation (5 min.)

What can you expect buying and holding a share of Mercury General Corporation? (5 min.)

Welcome investor! Mercury General Corporation's management wants to use your money to grow the business. In return you get a share of Mercury General Corporation.

What can you expect buying and holding a share of Mercury General Corporation?

First you should know what it really means to hold a share of Mercury General Corporation. And how you can make/lose money.

Speculation

The Price per Share of Mercury General Corporation is $53.63. 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 Mercury General Corporation.
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 Mercury General Corporation, 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 $27.96. Based on the TTM, the Book Value Change Per Share is $0.12 per quarter. Based on the YOY, the Book Value Change Per Share is $-2.79 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 $0.32 per quarter.

Based on historical numbers we can estimate the returns while holding a share of Mercury General Corporation.

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	3.46	6.4%	0.43	0.8%	-2.31	-4.3%	0.48	0.9%	0.45	0.8%
Usd Book Value Change Per Share	3.14	5.9%	0.12	0.2%	-2.79	-5.2%	-0.06	-0.1%	-0.12	-0.2%
Usd Dividend Per Share	0.32	0.6%	0.32	0.6%	0.48	0.9%	0.54	1.0%	0.58	1.1%
Usd Total Gains Per Share	3.46	6.4%	0.43	0.8%	-2.31	-4.3%	0.47	0.9%	0.45	0.8%
Usd Price Per Share	37.31	-	31.84	-	40.48	-	45.80	-	49.16	-
Price to Earnings Ratio	2.70	-	-16.06	-	-20.17	-	27.46	-	21.89	-
Price-to-Total Gains Ratio	10.79	-	-64.25	-	-80.71	-	103.19	-	80.89	-
Price to Book Ratio	1.33	-	1.22	-	1.33	-	1.42	-	1.52	-
Price-to-Total Gains Ratio	10.79	-	-64.25	-	-80.71	-	103.19	-	80.89	-

When do you get the money?

Usd Investment	$.00
Usd Price Per Share	53.63
Number of shares	18

Gains per Quarter	Trailing 12 Months	5 Year
Usd Dividend Per Share	0.32	0.54
Usd Book Value Change Per Share	0.12	-0.06
Usd Total Gains Per Share	0.43	0.47
Gains per Quarter (18 shares)	7.83	8.54
Gains per Year (18 shares)	31.32	34.15

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	23	8	21	39	-5	24
2	46	17	52	77	-9	58
3	69	25	83	116	-14	92
4	91	34	114	155	-18	126
5	114	42	145	193	-23	160
6	137	51	176	232	-27	194
7	160	59	207	271	-32	228
8	183	68	238	309	-36	262
9	206	76	269	348	-41	296
10	229	85	300	387	-45	330

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	1.0	3.0	0.0	25.0%	5.0	7.0	0.0	41.7%	12.0	8.0	0.0	60.0%	28.0	12.0	0.0	70.0%	117.0	19.0	0.0	86.0%
Book Value Change Per Share	1.0	3.0	0.0	25.0%	3.0	9.0	0.0	25.0%	9.0	11.0	0.0	45.0%	17.0	23.0	0.0	42.5%	92.0	43.0	1.0	67.6%
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%	136.0	0.0	0.0	100.0%
Total Gains per Share	1.0	3.0	0.0	25.0%	5.0	7.0	0.0	41.7%	12.0	8.0	0.0	60.0%	28.0	12.0	0.0	70.0%	111.0	25.0	0.0	81.6%

Fundamentals of Mercury General Corporation

About Mercury General Corporation

https://www.mercuryinsurance.com
4100
4484 Wilshire Boulevard, Los Angeles, CA, United States, 90010
Google Maps Bing Maps

Mercury General Corporation, together with its subsidiaries, engages in writing personal automobile insurance in the United States. The company also writes homeowners, commercial automobile, commercial property, mechanical protection, and umbrella insurance products. Its automobile insurance products include collision, property damage, bodily injury, comprehensive, personal injury protection, underinsured and uninsured motorist, and other hazards; and homeowners insurance products comprise dwelling, liability, personal property, and other coverages. The company sells its policies through a network of independent agents, insurance agencies, as well as directly through internet sales portals in Arizona, California, Florida, Georgia, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas, and Virginia. Mercury General Corporation was founded in 1961 and is headquartered in Los Angeles, California.

Fundamental data was last updated by Penke on 2024-04-04 18:36:04.

Financial Health

Profitability Details

	Compared to previous year	Compared to industry
The company is making a 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 inefficient.

Liquidity Details

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

Solvency Details

	Compared to previous year	Compared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details

	Compared to previous year	Compared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Mercury General Corporation.

1.1. Profitability

1.1.1. Net Profit Margin

Measures how much net profit Mercury General Corporation earns for each $1 of revenue.

Above 10% is considered healthy but always compare Mercury General Corporation to the Insurance - Property & Casualty industry mean.
A Net Profit Margin of 13.9% means that $0.14 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Mercury General Corporation:

The MRQ is 13.9%. The company is making a huge profit. +2
The TTM is 1.3%. The company is making a profit. +1

Trends

Current period		Compared to		+/-
MRQ	13.9%	TTM	1.3%	+12.6%
TTM	1.3%	YOY	-15.7%	+17.0%
TTM	1.3%	5Y	1.5%	-0.2%
5Y	1.5%	10Y	2.1%	-0.7%

Measures how much net profit Mercury General Corporation earns for each $1 of revenue.

Revenue is the amount of profit Mercury General Corporation 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 Mercury General Corporation 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 Mercury General Corporation to the Insurance - Property & Casualty industry mean.
Can be used to compare companies within the Insurance - Property & Casualty industry.

You typically want a high profit margin. This means that for each $1 in sales, Mercury General Corporation makes more profit. This shows the investor how efficiently Mercury General Corporation is operating in general and compared to other companies in the same industry. Mercury General Corporation operates in the Insurance - Property & Casualty industry.

Why do investors use net profit margin in their analysis

It helps investors to determine the efficiency of Mercury General Corporation. If profit margins remain low (compared to the Insurance - Property & Casualty 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 Mercury General Corporation is 0.14. This means that Mercury General Corporation earned $0.14 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 Insurance - Property & Casualty industry is .
What is the trend?
The trend is important because it shows you how Mercury General Corporation is performing over time. The most recent quarter might be important if Mercury General Corporation 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 Mercury General Corporation 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 Mercury General Corporation with other companies in the same industry (Insurance - Property & Casualty).
Net profit margin should rise over the years.
Can be influenced when Mercury General Corporation sells assets (profit will increase while costs remain the same).
It won’t show what part of Mercury General Corporation 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 Mercury General Corporation

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 Mercury General Corporation = 191,394
Total revenue MRQ Mercury General Corporation = 1,374,633
$191,394 / $1,374,633 = 0.14 or 13.9%

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 Mercury General Corporation is using its assets to generate profit.

Above 5% is considered healthy but always compare Mercury General Corporation to the Insurance - Property & Casualty industry mean.
2.7% Return on Assets means that Mercury General Corporation generated $0.03 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Mercury General Corporation:

The MRQ is 2.7%. Using its assets, the company is less efficient in making profit.
The TTM is 0.3%. Using its assets, the company is inefficient in making profit. -1

Trends

Current period		Compared to		+/-
MRQ	2.7%	TTM	0.3%	+2.4%
TTM	0.3%	YOY	-2.0%	+2.3%
TTM	0.3%	5Y	0.4%	-0.1%
5Y	0.4%	10Y	0.5%	0.0%

Shows how efficient Mercury General Corporation 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 Mercury General Corporation to the Insurance - Property & Casualty 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 Mercury General Corporation is using its resources to generate profit. If the return on assets (2.7%) from Mercury General Corporation are higher than the Insurance - Property & Casualty mean () that means Mercury General Corporation 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 Mercury General Corporation is 2.7%. This means the company generated $0.03 for each $1 in assets.
How does it compare to the industry?
The mean MRQ Return on Assets of the Insurance - Property & Casualty industry is .
What is the trend?
The trend is important because it shows you how Mercury General Corporation is performing over time. The most recent quarter might be important if Mercury General Corporation 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 Mercury General Corporation 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 Mercury General Corporation

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

Income statement
Balance sheet

Net income MRQ (income statement) from Mercury General Corporation = 191,394
Total assets MRQ (balance sheet) from Mercury General Corporation = 7,103,397
191,394 / 7,103,397 = 0.03 or 2.7%

ROA is an important ratio as it will tell you how effectively Mercury General Corporation 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 Mercury General Corporation is using its investors money to generate profit.

Above 15%-20% is considered healthy but always compare Mercury General Corporation to the Insurance - Property & Casualty industry mean.
12.4% Return on Equity means Mercury General Corporation generated $0.12 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Mercury General Corporation:

The MRQ is 12.4%. Using its investors money, the company is less efficient in making profit.
The TTM is 1.4%. Using its investors money, the company is inefficient in making profit. -1

Trends

Current period		Compared to		+/-
MRQ	12.4%	TTM	1.4%	+10.9%
TTM	1.4%	YOY	-7.4%	+8.9%
TTM	1.4%	5Y	1.2%	+0.2%
5Y	1.2%	10Y	1.2%	0.0%

Shows how efficient Mercury General Corporation 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 Mercury General Corporation to the Insurance - Property & Casualty 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 Insurance - Property & Casualty 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 Mercury General Corporation is 12.4%. This means Mercury General Corporation generated $0.12 for each $1 the owners (shareholders) invested.
How does it compare to the industry?
The mean MRQ Return on Equity of the Insurance - Property & Casualty industry is .
What is the trend?
The trend is important because it shows you how Mercury General Corporation is performing over time. The most recent quarter might be important if Mercury General Corporation 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 Mercury General Corporation up to 10 years back (depending if Mercury General Corporation 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 Mercury General Corporation

You need the following data to determine ROE:

Income statement
Balance sheet
Net profit MRQ (income statement) Mercury General Corporation = 191,394
Shareholders equity (balance sheet) MRQ Mercury General Corporation = 1,548,145
191,394 / 1,548,145 = 0.12 or 12.4%

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 Mercury General Corporation.

1.2. Operating Efficiency

1.2.1. Operating Margin

Measures how efficient Mercury General Corporation is operating .

Measures how much profit Mercury General Corporation 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 Mercury General Corporation to the Insurance - Property & Casualty industry mean.
An Operating Margin of 10.9% means the company generated $0.11 for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Mercury General Corporation:

The MRQ is 10.9%. The company is operating less efficient.
The TTM is -1.7%. The company is operating very inefficient. -2

Trends

Current period		Compared to		+/-
MRQ	10.9%	TTM	-1.7%	+12.6%
TTM	-1.7%	YOY	-13.2%	+11.5%
TTM	-1.7%	5Y	2.5%	-4.2%
5Y	2.5%	10Y	2.9%	-0.4%

Measures how efficient Mercury General Corporation 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 Mercury General Corporation to the Insurance - Property & Casualty 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 Mercury General Corporation 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 Mercury General Corporation is 10.9%. This means that Mercury General Corporation earned $0.11 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Margin of the Insurance - Property & Casualty industry is .
What is the trend?
The trend is important because it shows you how Mercury General Corporation is performing over time. The most recent quarter might be important if Mercury General Corporation 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 Mercury General Corporation 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 Mercury General Corporation

You need the following data to determine operating margin:

Income statement
Operating earnings MRQ Mercury General Corporation = 155,928
Total revenue MRQ Mercury General Corporation = 1,374,633
$155,928 / $1,374,633 = 0.11 or 10.9%

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 Mercury General Corporation is keeping operating costs low.

Below 1 is considered healthy (always compare to Insurance - Property & Casualty industry mean).
An Operation Ratio of 2.38 means that the operating costs are $2.38 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Mercury General Corporation:

The MRQ is 2.383. The company is inefficient in keeping operating costs low. -1
The TTM is -0.094.

Trends

Current period		Compared to		+/-
MRQ	2.383	TTM	-0.094	+2.478
TTM	-0.094	YOY	-0.721	+0.627
TTM	-0.094	5Y	-0.880	+0.785
5Y	-0.880	10Y	-1.102	+0.222

Measures how efficient Mercury General Corporation 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 Mercury General Corporation to the Insurance - Property & Casualty 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 Mercury General Corporation is 238.3%. This means that Mercury General Corporation earned $2.38 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 Insurance - Property & Casualty industry is .
What is the trend?
The trend is important because it shows you how Mercury General Corporation is performing over time. The most recent quarter might be important if Mercury General Corporation 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 Mercury General Corporation 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 Mercury General Corporation

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
(72,433 +3,203,703) \ 1,374,633 = 2.38

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 Mercury General Corporation.

1.3. Liquidity

1.3.1. Current Ratio

Measures if Mercury General Corporation is able to pay off Short-term Debt.

Above 1.5 is considered healthy (always compare to Insurance - Property & Casualty industry mean).
A Current Ratio of 326.17 means the company has $326.17 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Mercury General Corporation:

The MRQ is 326.175. The company is very able to pay all its short-term debts. +2
The TTM is 92.099. The company is very able to pay all its short-term debts. +2

Trends

Current period		Compared to		+/-
MRQ	326.175	TTM	92.099	+234.076
TTM	92.099	YOY	6.448	+85.651
TTM	92.099	5Y	176.714	-84.615
5Y	176.714	10Y	113.930	+62.784

Measures if Mercury General Corporation 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 Insurance - Property & Casualty 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 Mercury General Corporation 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 Mercury General Corporation is 326.17. This means Mercury General Corporation has $326.17 in assets for each $1 in short-term debts.
How does it compare to the industry?
The mean MRQ Current Ratio of the Insurance - Property & Casualty industry is .
What is the trend?
The trend is important because it shows you how Mercury General Corporation is performing over time. The most recent quarter might be important if Mercury General Corporation 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 Mercury General Corporation 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 Mercury General Corporation

You need the following data to determine operating ratio:

Balance sheet
Current ratio = current assets \ current liabilities
1,331,119 \ 4,081) = 326.17

The current ratio measures if Mercury General Corporation 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 Mercury General Corporation 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 Mercury General Corporation 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 Mercury General Corporation 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 Mercury General Corporation is able to pay off Short-term Debt but only using the most liquid assets.

Above 1 is considered healthy but always compare Mercury General Corporation to the Insurance - Property & Casualty industry mean.
A Quick Ratio of 385.01 means the company can pay off $385.01 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Mercury General Corporation:

The MRQ is 385.014. The company is very able to pay all its short-term debts with the most liquid assets. +2
The TTM is 109.701. The company is very able to pay all its short-term debts with the most liquid assets. +2

Trends

Current period		Compared to		+/-
MRQ	385.014	TTM	109.701	+275.313
TTM	109.701	YOY	7.321	+102.380
TTM	109.701	5Y	240.184	-130.483
5Y	240.184	10Y	182.591	+57.593

Measures if Mercury General Corporation 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 Mercury General Corporation to the Insurance - Property & Casualty 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 Mercury General Corporation can pay off its short term debts. This shows if Mercury General Corporation 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 Mercury General Corporation is 385.01. This means that Mercury General Corporation can pay off $385.01 for each $1 in debt (using most liquid assets).
How does it compare to the industry?
The mean MRQ Quick Ratio of the Insurance - Property & Casualty industry is .
What is the trend?
The trend is important because it shows you how Mercury General Corporation is performing over time. The most recent quarter might be important if Mercury General Corporation 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 Mercury General Corporation 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 Mercury General Corporation

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 Mercury General Corporation: (729,394 + 178,491 +663,356) / 4,081 = 385.01

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 Mercury General Corporation.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Measures how much % of Mercury General Corporation assets are financed with debt.

Below 1 (100%) is considered healthy but always compare Mercury General Corporation to Insurance - Property & Casualty industry mean.
A Debt to Asset Ratio of 0.78 means that Mercury General Corporation assets are financed with 78.2% credit (debt) and the remaining percentage (100% - 78.2%) is financed by its owners/shareholders.

Let's take a look of the Debt to Asset Ratio trends of Mercury General Corporation:

The MRQ is 0.782. The company is just able to pay all its debts by selling its assets.
The TTM is 0.788. The company is just able to pay all its debts by selling its assets.

Trends

Current period		Compared to		+/-
MRQ	0.782	TTM	0.788	-0.006
TTM	0.788	YOY	0.746	+0.042
TTM	0.788	5Y	0.720	+0.068
5Y	0.720	10Y	0.673	+0.047

Measures how much % of Mercury General Corporation assets are financed with debt.

When there are more debts than assets, that means creditors have a larger stake Mercury General Corporation than its shareholders.

How to use debt to asset ratio

Lower is better.
below 1 (100%) is considered healthy but always compare Mercury General Corporation to Insurance - Property & Casualty 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 Mercury General Corporation is 0.78. This means means that Mercury General Corporation is financed with 78.2% 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 Insurance - Property & Casualty industry is .
What is the trend?
The trend is important because it shows you how Mercury General Corporation is performing over time. The most recent quarter might be important if Mercury General Corporation 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 Mercury General Corporation 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 Mercury General Corporation has so much debt.

How to calculate debt to asset ratio

Debt to asset ratio = total debt \ total assets

Real life example Mercury General Corporation

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

Balance sheet
Debt to asset ratio = total debt \ total assets
5,555,252 \ 7,103,397 = 78.2% or 0.78.

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 Mercury General Corporation is able to pay off its debts by using shareholders equity.

Below 2 is considered healthy but always compare Mercury General Corporation to the Insurance - Property & Casualty industry mean.
A Debt to Equity ratio of 358.8% means that company has $3.59 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Mercury General Corporation:

The MRQ is 3.588. The company is unable to pay all its debts with equity. -1
The TTM is 3.730. The company is unable to pay all its debts with equity. -1

Trends

Current period		Compared to		+/-
MRQ	3.588	TTM	3.730	-0.141
TTM	3.730	YOY	2.964	+0.765
TTM	3.730	5Y	2.671	+1.058
5Y	2.671	10Y	2.187	+0.484

Measures if Mercury General Corporation 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 Mercury General Corporation 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 Mercury General Corporation is 3.59. This means that Mercury General Corporation can pay off $3.59 for each $1 in debt.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Insurance - Property & Casualty industry is .
What is the trend?
The trend is important because it shows you how Mercury General Corporation is performing over time. The most recent quarter might be important if Mercury General Corporation 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 Mercury General Corporation 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 Mercury General Corporation

You need the following data to determine equity ratio:

Balance sheet
Debt to equity ratio = total debt \ shareholders equity
5,555,252 \ 1,548,145 = 3.59 or 358.8%

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 Mercury General Corporation

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 Mercury General Corporation generates.

Above 15 is considered overpriced but always compare Mercury General Corporation to the Insurance - Property & Casualty industry mean.
A PE ratio of 2.70 means the investor is paying $2.70 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Mercury General Corporation:

The EOD is 3.879. Based on the earnings, the company is cheap. +2
The MRQ is 2.698. Based on the earnings, the company is cheap. +2
The TTM is -16.063. Based on the earnings, the company is expensive. -2

Trends

Current period		Compared to		+/-
EOD	3.879	MRQ	2.698	+1.180
MRQ	2.698	TTM	-16.063	+18.762
TTM	-16.063	YOY	-20.175	+4.111
TTM	-16.063	5Y	27.457	-43.520
5Y	27.457	10Y	21.888	+5.569

Measures how much money you pay for each share for every $1 in earnings Mercury General Corporation 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 Mercury General Corporation to the Insurance - Property & Casualty 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 Mercury General Corporation is 2.70. This means the investor is paying $2.70 for every $1 in earnings.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Insurance - Property & Casualty industry is .
What is the trend?
The trend is important because it shows you how Mercury General Corporation is performing over time. The most recent quarter might be important if Mercury General Corporation 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 Mercury General Corporation 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 Mercury General Corporation

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 \ 55,371 = EPS
PE ratio MRQ = 2.70

* 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 Mercury General Corporation:

The EOD is 3.445. Based on how much money comes from the company's main activities, the company is cheap. +2
The MRQ is 2.397. Based on how much money comes from the company's main activities, the company is cheap. +2
The TTM is 14.388. Based on how much money comes from the company's main activities, the company is cheap. +2

Trends

Current period		Compared to		+/-
EOD	3.445	MRQ	2.397	+1.048
MRQ	2.397	TTM	14.388	-11.992
TTM	14.388	YOY	7.119	+7.269
TTM	14.388	5Y	8.175	+6.213
5Y	8.175	10Y	13.203	-5.028

2. Book Value per Share

2.3. Price to Book Ratio

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

At or below 1 is considered healthy (always compare to Insurance - Property & Casualty industry mean).
A PB ratio of 1.33 means the investor is paying $1.33 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Mercury General Corporation:

The EOD is 1.918. Based on the equity, the company is underpriced. +1
The MRQ is 1.334. Based on the equity, the company is underpriced. +1
The TTM is 1.216. Based on the equity, the company is underpriced. +1

Trends

Current period		Compared to		+/-
EOD	1.918	MRQ	1.334	+0.584
MRQ	1.334	TTM	1.216	+0.118
TTM	1.216	YOY	1.333	-0.117
TTM	1.216	5Y	1.415	-0.199
5Y	1.415	10Y	1.518	-0.103

2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Mercury General Corporation.

3.1. Institutions holding Mercury General Corporation

Institutions are holding 43.332% of the shares of Mercury General Corporation.

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2023-12-31	BlackRock Inc	10.0283	0.0053	5552756	-52098	-0.9295
2023-12-31	Vanguard Group Inc	5.7941	0.0026	3208257	5633	0.1759
2023-12-31	Dimensional Fund Advisors, Inc.	3.4203	0.0206	1893881	79659	4.3908
2023-12-31	Semper Augustus Investments Group LLC	2.5126	10.8639	1391249	39853	2.949
2023-12-31	Renaissance Technologies Corp	2.2739	0.0727	1259107	2207	0.1756
2023-12-31	State Street Corporation	1.842	0.0019	1019940	20380	2.0389
2023-12-31	ABSHER WEALTH MANAGEMENT, LLC	1.2838	3.9885	710845	-9380	-1.3024
2023-12-31	Geode Capital Management, LLC	1.0339	0.0022	572495	25123	4.5897
2023-12-31	Morgan Stanley - Brokerage Accounts	0.9779	0.0018	541488	-8420	-1.5312
2023-12-31	Ameriprise Financial Inc	0.9148	0.0057	506527	5465	1.0907
2023-12-31	Charles Schwab Investment Management Inc	0.9116	0.0048	504744	14688	2.9972
2023-12-31	Driehaus Capital Management LLC	0.8185	0.2037	453238	453238	0
2023-12-31	Amvescap Plc.	0.7472	0.0037	413710	27549	7.1341
2023-09-30	Jacobs Levy Equity Management, Inc.	0.6039	0.0555	334377	26195	8.4998
2023-12-31	Nuveen Asset Management, LLC	0.5952	0.004	329577	733	0.2229
2023-12-31	Speece Thorson Capital Group Inc	0.5838	2.4727	323245	-60490	-15.7635
2023-12-31	Bank of New York Mellon Corp	0.553	0.0023	306222	-62813	-17.0209
2023-12-31	Northern Trust Corp	0.5056	0.0019	279935	6031	2.2019
2023-12-31	Goldman Sachs Group Inc	0.4732	0.0009	262034	70421	36.7517
2023-12-31	Bridgeway Capital Management, LLC	0.4721	0.2092	261411	10536	4.1997
Total		36.3457	17.9239	20125038	+594510	+3.0%

3.2. Funds holding Mercury General Corporation

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2024-02-29	iShares Core S&P Small-Cap ETF	3.2702	0.1138	1810751	2916	0.1613
2023-12-31	SA Fundamental Intrinsic Value Equity	2.4704	9.0306	1367908	52989	4.0298
2024-02-29	Vanguard Total Stock Mkt Idx Inv	1.566	0.0027	867129	0	0
2024-02-29	Vanguard Small Cap Index	1.2887	0.0247	713562	6584	0.9313
2024-02-29	iShares Russell 2000 ETF	1.1987	0.0518	663751	-108	-0.0163
2024-02-29	Vanguard Small Cap Value Index Inv	0.879	0.0446	486727	1119	0.2304
2024-02-29	Vanguard Institutional Extnd Mkt Idx Tr	0.7144	0.0189	395560	367	0.0929
2024-01-31	DFA US Targeted Value I	0.7136	0.1227	395152	-14522	-3.5448
2024-02-29	iShares S&P Small-Cap 600 Value ETF	0.6047	0.2317	334809	864	0.2587
2024-02-29	Dimensional US Targeted Value ETF	0.4922	0.1392	272541	0	0
2023-12-31	Fidelity Small Cap Index	0.4839	0.0393	267963	2917	1.1006
2024-01-31	CREF Stock R1	0.4644	0.0087	257120	0	0
2024-02-01	iShares Russell 2000 Value ETF	0.4641	0.0867	256952	326	0.127
2024-01-31	DFA US Micro Cap I	0.4547	0.1482	251758	0	0
2024-02-29	SPDR® Portfolio S&P 600 Sm Cap ETF	0.4304	0.113	238293	49	0.0206
2024-02-29	Schwab Fundamental US Small Company ETF	0.4284	0.1448	237218	82	0.0346
2023-12-31	Columbia Small Cap Value I	0.411	0.6219	227553	2600	1.1558
2024-02-29	Columbia Small Cap Value I A	0.4104	0.8314	227253	-1800	-0.7858
2024-02-29	Vanguard Tax-Managed Small Cap Adm	0.375	0.1138	207641	0	0
2024-02-29	SPDR® S&P 600 Small Cap Value ETF	0.339	0.2343	187720	-386	-0.2052
Total		17.4592	12.1228	9667361	+53997	+0.6%

3.3. Insider Transactions

Insiders are holding 52.042% of the shares of Mercury General Corporation.

Date	Owner	Type	Amount	Price	Post Transaction Amount	Link
2023-08-28	Joshua Eric Little	BUY	250	28.56
2023-05-12	Joshua Eric Little	BUY	250	29.33

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Mercury General Corporation 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	-	-	3.139	0.117	+2573%	-2.790	+189%	-0.063	+102%	-0.124	+104%
Book Value Per Share	-	-	27.959	26.105	+7%	29.976	-7%	32.013	-13%	32.235	-13%
Current Ratio	-	-	326.175	92.099	+254%	6.448	+4958%	176.714	+85%	113.930	+186%
Debt To Asset Ratio	-	-	0.782	0.788	-1%	0.746	+5%	0.720	+9%	0.673	+16%
Debt To Equity Ratio	-	-	3.588	3.730	-4%	2.964	+21%	2.671	+34%	2.187	+64%
Dividend Per Share	-	-	0.318	0.318	+0%	0.476	-33%	0.537	-41%	0.578	-45%
Eps	-	-	3.457	0.435	+695%	-2.315	+167%	0.475	+627%	0.447	+673%
Free Cash Flow Per Share	-	-	3.892	1.879	+107%	1.432	+172%	2.021	+93%	1.615	+141%
Free Cash Flow To Equity Per Share	-	-	3.570	2.347	+52%	1.061	+236%	1.662	+115%	1.214	+194%
Gross Profit Margin	-	-	1.000	1.097	-9%	1.072	-7%	1.034	-3%	1.017	-2%
Intrinsic Value_10Y_max	-	-	126.152	-	-	-	-	-	-	-	-
Intrinsic Value_10Y_min	-	-	94.304	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_max	-	-	7.985	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_min	-	-	7.013	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_max	-	-	27.541	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_min	-	-	23.307	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_max	-	-	51.375	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_min	-	-	41.926	-	-	-	-	-	-	-	-
Market Cap	2969552093.000	+30%	2065895741.000	1762877396.250	+17%	2241422128.000	-8%	2536005893.000	-19%	2721798862.550	-24%
Net Profit Margin	-	-	0.139	0.013	+966%	-0.157	+213%	0.015	+842%	0.021	+553%
Operating Margin	-	-	0.109	-0.017	+116%	-0.132	+222%	0.025	+335%	0.029	+270%
Operating Ratio	-	-	2.383	-0.094	+104%	-0.721	+130%	-0.880	+137%	-1.102	+146%
Pb Ratio	1.918	+30%	1.334	1.216	+10%	1.333	+0%	1.415	-6%	1.518	-12%
Pe Ratio	3.879	+30%	2.698	-16.063	+695%	-20.175	+848%	27.457	-90%	21.888	-88%
Price Per Share	53.630	+30%	37.310	31.838	+17%	40.480	-8%	45.800	-19%	49.155	-24%
Price To Free Cash Flow Ratio	3.445	+30%	2.397	14.388	-83%	7.119	-66%	8.175	-71%	13.203	-82%
Price To Total Gains Ratio	15.515	+30%	10.794	-64.253	+695%	-80.711	+848%	103.186	-90%	80.888	-87%
Quick Ratio	-	-	385.014	109.701	+251%	7.321	+5159%	240.184	+60%	182.591	+111%
Return On Assets	-	-	0.027	0.003	+750%	-0.020	+173%	0.004	+515%	0.005	+477%
Return On Equity	-	-	0.124	0.014	+769%	-0.074	+160%	0.012	+924%	0.012	+909%
Total Gains Per Share	-	-	3.457	0.435	+695%	-2.314	+167%	0.474	+629%	0.454	+661%
Usd Book Value	-	-	1548145000.000	1445470000.000	+7%	1659796000.000	-7%	1772616800.000	-13%	1784899475.000	-13%
Usd Book Value Change Per Share	-	-	3.139	0.117	+2573%	-2.790	+189%	-0.063	+102%	-0.124	+104%
Usd Book Value Per Share	-	-	27.959	26.105	+7%	29.976	-7%	32.013	-13%	32.235	-13%
Usd Dividend Per Share	-	-	0.318	0.318	+0%	0.476	-33%	0.537	-41%	0.578	-45%
Usd Eps	-	-	3.457	0.435	+695%	-2.315	+167%	0.475	+627%	0.447	+673%
Usd Free Cash Flow	-	-	215510000.000	104044500.000	+107%	79270250.000	+172%	111932700.000	+93%	89430375.000	+141%
Usd Free Cash Flow Per Share	-	-	3.892	1.879	+107%	1.432	+172%	2.021	+93%	1.615	+141%
Usd Free Cash Flow To Equity Per Share	-	-	3.570	2.347	+52%	1.061	+236%	1.662	+115%	1.214	+194%
Usd Market Cap	2969552093.000	+30%	2065895741.000	1762877396.250	+17%	2241422128.000	-8%	2536005893.000	-19%	2721798862.550	-24%
Usd Price Per Share	53.630	+30%	37.310	31.838	+17%	40.480	-8%	45.800	-19%	49.155	-24%
Usd Profit	-	-	191394000.000	24084000.000	+695%	-128167750.000	+167%	26314800.000	+627%	24772925.000	+673%
Usd Revenue	-	-	1374633000.000	1157407750.000	+19%	910766500.000	+51%	1001154200.000	+37%	901695150.000	+52%
Usd Total Gains Per Share	-	-	3.457	0.435	+695%	-2.314	+167%	0.474	+629%	0.454	+661%
	EOD	+4 -4	MRQ	TTM	+31 -5	YOY	+22 -14	5Y	+23 -13	10Y	+23 -13

4.2. Fundamental Score

Let's check the fundamental score of Mercury General Corporation based on Penke's default stock scanner.

Penke's Stock Scanner

Indicator	Condition		Value
Price to Earnings Ratio (EOD)	Between	0-15	3.879
Price to Book Ratio (EOD)	Between	0-1	1.918
Net Profit Margin (MRQ)	Greater than	0	0.139
Operating Margin (MRQ)	Greater than	0	0.109
Quick Ratio (MRQ)	Greater than	1	385.014
Current Ratio (MRQ)	Greater than	1	326.175
Debt to Asset Ratio (MRQ)	Less than	1	0.782
Debt to Equity Ratio (MRQ)	Less than	1	3.588
Return on Equity (MRQ)	Greater than	0.15	0.124
Return on Assets (MRQ)	Greater than	0.05	0.027
Total			6/10 (60.0%)

Create your own Stock Scanner

Investing is personal. The best investors buy stocks based on their own analysis. Create your personal Stock Scanner with the key performance indicators that are important to you.
Create your own Stock Scanner

4.3. Technical Score

Let's check the technical score of Mercury General Corporation based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	65.059
Ma 20	Greater than	Ma 50	51.449
Ma 50	Greater than	Ma 100	48.921
Ma 100	Greater than	Ma 200	43.790
Open	Greater than	Close	52.840
Total			4/5 (80.0%)

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.
Create your own Symbol Scanner

Reversals in quarterly reports

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

	2022-12-31		2023-03-31		2023-06-30		2023-09-30		2023-12-31
Income before Tax	-17,342	-44,736	-62,078	868	-61,210	45,981	-15,229	253,174	237,945
Net Income	-6,770	-38,518	-45,288	3,745	-41,543	33,316	-8,227	199,621	191,394
Tax Provision	-10,572	-6,218	-16,790	-2,877	-19,667	12,665	-7,002	53,553	46,551
Income Tax Expense	-10,572	-6,218	-16,790	-2,877	-19,667	12,665	-7,002	53,553	46,551
Net Income from Continuing Operations	-6,770	-38,518	-45,288	3,745	-41,543	33,316	-8,227	199,621	191,394

Latest Balance Sheet

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

Summary

Total Assets	7,103,397
Total Liabilities	5,555,252
Total Stockholder Equity	1,548,145

	As reported
Total Liabilities	5,555,252
Total Stockholder Equity	+ 1,548,145
Total Assets	= 7,103,397

Assets

Total Assets	7,103,397
Total Current Assets	1,331,119
Long-term Assets	263,962

Total Current Assets

Total Current Assets (as reported)	1,331,119
Cash And Cash Equivalents	550,903
Short-term Investments	178,491
Net Receivables	663,356
Inventory	-1,788,532
Other Current Assets	1,726,901
Total Current Assets (calculated)	1,331,119
+/-	0

Long-term Assets

Long-term Assets (as reported)	263,962
Property Plant Equipment	165,589
Goodwill	42,796
Long Term Investments	5,228,520
Intangible Assets	8,333
Long-term Assets Other	-5,214,289
Long-term Assets (calculated)	230,949
+/-	33,013

Liabilities & Shareholders' Equity

Total Current Liabilities	4,081
Long-term Liabilities	5,551,171
Total Stockholder Equity	1,548,145

Total Current Liabilities

Total Current Liabilities (as reported)	4,081
Short-term Debt	8,731
Accounts payable	175,219
Other Current Liabilities	-171,138
Total Current Liabilities (calculated)	12,812
+/-	8,731

Long-term Liabilities

Long-term Liabilities (as reported)	5,551,171
Long term Debt	573,729
Capital Lease Obligations	14,231
Long-term Liabilities (calculated)	587,960
+/-	4,963,211

Total Stockholder Equity

Total Stockholder Equity (as reported)	1,548,145
Common Stock	98,947
Retained Earnings	1,449,198
Total Stockholder Equity (calculated)	1,548,145
+/-	0

Other

Capital Stock	98,947
Cash and Short Term Investments	729,394
Common Stock Shares Outstanding	55,371
Current Deferred Revenue	-8,731
Liabilities and Stockholders Equity	7,103,397
Net Debt	37,057
Net Invested Capital	2,121,874
Net Working Capital	1,327,038
Short Long Term Debt Total	587,960

Balance Sheet

Currency in USD. All numbers in thousands.

Trend

2023-12-31

2023-09-30

2023-06-30

2023-03-31

2022-12-31

2022-09-30

2022-06-30

2022-03-31

2021-12-31

2021-09-30

2021-06-30

2021-03-31

2020-12-31

2020-09-30

2020-06-30

2020-03-31

2019-12-31

2019-09-30

2019-06-30

2019-03-31

2018-12-31

2018-09-30

2018-06-30

2018-03-31

2017-12-31

2017-09-30

2017-06-30

2017-03-31

2016-12-31

2016-09-30

2016-06-30

2016-03-31

2015-12-31

2015-09-30

2015-06-30

2015-03-31

2014-12-31

2014-09-30

2014-06-30

2014-03-31

2013-12-31

2013-09-30

2013-06-30

2013-03-31

2012-12-31

2012-09-30

2012-06-30

2012-03-31

2011-12-31

2011-09-30

2011-06-30

2011-03-31

2010-12-31

2010-09-30

2010-06-30

2010-03-31

2009-12-31

2009-09-30

2009-06-30

2009-03-31

2008-12-31

2008-09-30

2008-06-30

2008-03-31

2007-12-31

2007-09-30

2007-06-30

2007-03-31

2006-12-31

2006-09-30

2006-06-30

2006-03-31

2005-12-31

2005-09-30

2005-06-30

2005-03-31

2004-12-31

2004-09-30

2004-06-30

2004-03-31

2003-12-31

2003-09-30

2003-06-30

2003-03-31

2002-12-31

2002-09-30

2002-06-30

2002-03-31

2001-12-31

2001-09-30

2001-06-30

2001-03-31

2000-12-31

2000-09-30

2000-06-30

2000-03-31

1999-12-31

1999-09-30

1999-06-30

1999-03-31

1998-12-31

1998-09-30

1998-06-30

1998-03-31

1997-12-31

1997-09-30

1997-06-30

1997-03-31

1996-12-31

1996-09-30

1996-06-30

1996-03-31

1995-12-31

1995-09-30

1995-06-30

1995-03-31

1994-12-31

1994-09-30

1994-06-30

1994-03-31

1993-12-31

1993-09-30

1993-06-30

1993-03-31

1992-12-31

1992-09-30

1992-06-30

1992-03-31

1991-12-31

1991-09-30

1991-06-30

1991-03-31

1990-12-31

1990-09-30

1990-06-30

1990-03-31

1989-12-31

1989-09-30

1989-06-30

1989-03-31

1988-12-31

1988-09-30

1988-06-30

1988-03-31

1987-12-31

1987-09-30

1987-06-30

1987-03-31

1986-12-31

1986-09-30

1986-06-30

1986-03-31

1985-12-31

1985-09-30

> Total Assets

0
244,400
0
0
0
367,400
0
0
0
503,700
0
0
0
608,700
0
0
0
679,800
702,500
705,300
726,700
735,000
752,200
749,100
761,100
763,900
779,100
787,200
768,300
773,300
804,700
808,400
833,000
864,000
862,800
866,100
886,600
911,700
961,900
0
1,037,000
1,081,656
994,200
1,129,800
1,197,600
1,419,927
1,470,600
1,556,600
1,660,000
1,725,532
1,793,000
1,842,200
1,869,100
1,877,025
1,909,500
1,921,700
1,919,200
1,906,367
1,959,213
1,990,393
2,108,001
2,142,263
2,169,915
2,209,044
2,329,045
2,316,540
2,387,234
2,451,120
2,576,759
2,645,296
2,751,678
2,887,841
3,003,111
3,119,766
3,258,639
3,338,740
3,553,279
3,609,743
3,756,149
3,853,919
4,016,832
4,041,551
4,136,945
4,180,461
4,310,117
4,301,062
4,372,742
4,370,923
4,477,830
4,414,496
4,344,058
4,310,784
4,150
3,950,195
4,131,962
4,141,871
4,273,847
4,232,633
4,237,508
4,181,870
4,260,496
4,203,364
4,208,575
4,246,515
4,096,617
4,070,006
4,136,779
4,120,433
4,210,910
4,189,686
4,272,166
4,231,820
4,340,456
4,315,181
4,476,119
4,562,400
4,609,006
4,600,289
4,618,057
4,586,484
4,646,579
4,628,645
4,692,063
4,722,048
4,801,272
4,788,718
4,863,989
4,938,983
5,025,599
5,101,323
5,132,787
5,204,471
5,313,037
5,433,729
5,606,720
5,716,518
5,873,242
5,889,157
5,716,898
5,916,737
6,145,788
6,328,246
6,554,154
6,696,948
6,754,373
6,772,472
6,667,116
6,499,665
6,454,661
6,514,188
6,589,357
6,690,640
6,922,238
7,103,397

7,103,397

6,922,238

6,690,640

6,589,357

6,514,188

6,454,661

6,499,665

6,667,116

6,772,472

6,754,373

6,696,948

6,554,154

6,328,246

6,145,788

5,916,737

5,716,898

5,889,157

5,873,242

5,716,518

5,606,720

5,433,729

5,313,037

5,204,471

5,132,787

5,101,323

5,025,599

4,938,983

4,863,989

4,788,718

4,801,272

4,722,048

4,692,063

4,628,645

4,646,579

4,586,484

4,618,057

4,600,289

4,609,006

4,562,400

4,476,119

4,315,181

4,340,456

4,231,820

4,272,166

4,189,686

4,210,910

4,120,433

4,136,779

4,070,006

4,096,617

4,246,515

4,208,575

4,203,364

4,260,496

4,181,870

4,237,508

4,232,633

4,273,847

4,141,871

4,131,962

3,950,195

4,150

4,310,784

4,344,058

4,414,496

4,477,830

4,370,923

4,372,742

4,301,062

4,310,117

4,180,461

4,136,945

4,041,551

4,016,832

3,853,919

3,756,149

3,609,743

3,553,279

3,338,740

3,258,639

3,119,766

3,003,111

2,887,841

2,751,678

2,645,296

2,576,759

2,451,120

2,387,234

2,316,540

2,329,045

2,209,044

2,169,915

2,142,263

2,108,001

1,990,393

1,959,213

1,906,367

1,919,200

1,921,700

1,909,500

1,877,025

1,869,100

1,842,200

1,793,000

1,725,532

1,660,000

1,556,600

1,470,600

1,419,927

1,197,600

1,129,800

994,200

1,081,656

1,037,000

961,900

911,700

886,600

866,100

862,800

864,000

833,000

808,400

804,700

773,300

768,300

787,200

779,100

763,900

761,100

749,100

752,200

735,000

726,700

705,300

702,500

679,800

608,700

503,700

367,400

244,400

> Total Current Assets

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
74,000
70,600
63,900
64,700
60,800
61,900
59,700
61,600
44,500
60,600
0
0
0
0
0
0
0
0
0
0
0
0
0
0
123,976
4,100
4,300
3,100
213,880
6,300
5,800
127,900
228,900
6,900
108,500
114,200
216,808
4,200
3,500
7,900
223,699
225,736
225,156
261,181
238,304
248,045
272,538
321,555
294,178
335,009
2,404,586
2,528,299
286,806
545,536
526,574
664,995
594,205
554,291
534,761
641,908
675,731
712,932
703,421
815,333
597,157
614,246
603,567
592,417
702,685
2,975,639
2,925,596
465,052
2,936,005
303,044
262,123
283,277
204,756
272,929
289,267
330,366
341,670
376,766
323,206
337,023
324,759
445,908
443,728
458,620
447,837
431,897
339,813
409,257
452,836
337,123
345,851
501,510
582,284
542,392
487,885
571,006
662,449
408,180
428,330
458,019
449,498
390,294
414,585
436,708
595,998
497,289
541,470
651,041
594,124
535,268
514,335
524,486
567,590
637,456
602,517
736,944
788,533
1,113,684
1,200,532
1,197,062
1,313,158
1,502,545
1,402,790
1,182,826
1,164,132
1,144,060
1,174,929
1,159,058
978,823
980,245
1,132,931
1,285,467
1,331,119

1,331,119

1,285,467

1,132,931

980,245

978,823

1,159,058

1,174,929

1,144,060

1,164,132

1,182,826

1,402,790

1,502,545

1,313,158

1,197,062

1,200,532

1,113,684

788,533

736,944

602,517

637,456

567,590

524,486

514,335

535,268

594,124

651,041

541,470

497,289

595,998

436,708

414,585

390,294

449,498

458,019

428,330

408,180

662,449

571,006

487,885

542,392

582,284

501,510

345,851

337,123

452,836

409,257

339,813

431,897

447,837

458,620

443,728

445,908

324,759

337,023

323,206

376,766

341,670

330,366

289,267

272,929

204,756

283,277

262,123

303,044

2,936,005

465,052

2,925,596

2,975,639

702,685

592,417

603,567

614,246

597,157

815,333

703,421

712,932

675,731

641,908

534,761

554,291

594,205

664,995

526,574

545,536

286,806

2,528,299

2,404,586

335,009

294,178

321,555

272,538

248,045

238,304

261,181

225,156

225,736

223,699

7,900

3,500

4,200

216,808

114,200

108,500

6,900

228,900

127,900

5,800

6,300

213,880

3,100

4,300

4,100

123,976

60,600

44,500

61,600

59,700

61,900

60,800

64,700

63,900

70,600

74,000

Cash And Cash Equivalents

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,872
4,100
4,300
3,100
3,605
6,300
5,800
4,800
3,011
6,900
4,900
3,500
1,887
4,200
3,500
7,900
8,052
5,474
3,510
6,216
5,935
4,869
7,126
5,102
3,851
8,439
15,712
18,386
13,191
14,191
18,229
19,408
36,964
51,220
41,526
31,929
23,714
29,834
36,552
34,201
34,793
39,803
38,333
62,102
47,606
46,275
42,220
47,920
48,245
50,559
43,239
33,761
35,396
178,844
194,710
204,194
185,505
242,511
219,466
174,794
181,388
334,290
305,057
209,763
211,393
204,701
160,487
188,174
158,183
185,042
180,331
250,061
266,508
238,832
258,473
279,681
289,907
234,576
274,782
295,184
264,221
235,109
233,281
229,857
220,318
236,584
261,425
284,639
291,413
290,070
243,751
261,680
314,291
270,105
240,320
315,370
294,398
252,836
262,153
322,129
348,479
338,430
378,615
341,606
335,557
295,764
290,002
335,886
289,776
270,380
357,723
453,936
550,903

550,903

453,936

357,723

270,380

289,776

335,886

290,002

295,764

335,557

341,606

378,615

338,430

348,479

322,129

262,153

252,836

294,398

315,370

240,320

270,105

314,291

261,680

243,751

290,070

291,413

284,639

261,425

236,584

220,318

229,857

233,281

235,109

264,221

295,184

274,782

234,576

289,907

279,681

258,473

238,832

266,508

250,061

180,331

185,042

158,183

188,174

160,487

204,701

211,393

209,763

305,057

334,290

181,388

174,794

219,466

242,511

185,505

204,194

194,710

178,844

35,396

33,761

43,239

50,559

48,245

47,920

42,220

46,275

47,606

62,102

38,333

39,803

34,793

34,201

36,552

29,834

23,714

31,929

41,526

51,220

36,964

19,408

18,229

14,191

13,191

18,386

15,712

8,439

3,851

5,102

7,126

4,869

5,935

6,216

3,510

5,474

8,052

7,900

3,500

4,200

1,887

3,500

4,900

6,900

3,011

4,800

5,800

6,300

3,605

3,100

4,300

4,100

2,872

Short-term Investments

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
28,496
0
0
0
66,067
0
0
0
59,740
59,740
59,740
0
45,992
0
0
0
43,568
41,359
46,862
53,322
32,977
45,189
63,753
99,024
71,951
98,077
110,577
322,283
286,806
316,457
251,185
393,414
329,812
287,549
302,534
392,217
421,369
456,164
443,784
533,772
321,049
333,782
309,531
289,024
282,302
244,438
283,573
332,000
272,678
252,485
218,884
250
204,756
94,085
94,557
126,172
156,165
134,255
103,740
162,229
143,371
111,618
138,671
248,857
236,444
227,196
179,326
221,083
294,653
152,081
165,520
251,449
315,776
303,560
229,412
291,325
372,542
173,604
153,548
162,835
185,277
155,185
181,304
206,851
375,680
260,705
280,045
366,402
302,711
245,198
270,584
262,806
253,299
367,351
362,197
421,574
494,135
237,520
335,634
253,842
375,609
548,104
408,471
193,621
140,127
133,920
172,130
100,621
122,937
146,840
189,991
211,778
178,491

178,491

211,778

189,991

146,840

122,937

100,621

172,130

133,920

140,127

193,621

408,471

548,104

375,609

253,842

335,634

237,520

494,135

421,574

362,197

367,351

253,299

262,806

270,584

245,198

302,711

366,402

280,045

260,705

375,680

206,851

181,304

155,185

185,277

162,835

153,548

173,604

372,542

291,325

229,412

303,560

315,776

251,449

165,520

152,081

294,653

221,083

179,326

227,196

236,444

248,857

138,671

111,618

143,371

162,229

103,740

134,255

156,165

126,172

94,557

94,085

204,756

250

218,884

252,485

272,678

332,000

283,573

244,438

282,302

289,024

309,531

333,782

321,049

533,772

443,784

456,164

421,369

392,217

302,534

287,549

329,812

393,414

251,185

316,457

286,806

322,283

110,577

98,077

71,951

99,024

63,753

45,189

32,977

53,322

46,862

41,359

43,568

45,992

59,740

66,067

28,496

Net Receivables

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
74,000
70,600
63,900
64,700
60,800
61,900
59,700
61,600
44,500
60,600
0
0
0
0
0
0
0
0
0
0
0
0
0
0
92,608
0
0
0
144,208
0
0
123,100
166,149
166,149
103,600
110,700
168,929
0
0
0
172,079
178,903
174,784
201,643
199,392
197,987
201,659
217,429
218,376
228,493
237,460
247,479
259,445
266,694
277,899
295,421
299,094
317,619
331,951
356,280
367,662
360,859
365,096
385,196
390,234
408,181
400,445
399,596
372,777
393,863
380,150
393,943
367,686
376,327
353,588
334,524
346,830
320,052
291,757
339,044
317,745
342,773
296,435
306,060
316,775
312,282
298,293
308,387
300,119
355,124
350,569
371,145
370,201
384,609
373,907
391,217
389,104
413,971
405,850
417,900
411,714
441,884
442,349
475,090
467,587
498,820
493,168
496,877
483,787
501,424
488,042
503,909
598,324
631,494
633,124
644,512
821,143
727,844
742,765
752,103
697,751
701,377
661,215
672,479
648,288
676,998
679,341
715,202
688,448
714,376
712,797
722,551
658,499
695,202
717,973
739,740
663,356

663,356

739,740

717,973

695,202

658,499

722,551

712,797

714,376

688,448

715,202

679,341

676,998

648,288

672,479

661,215

701,377

697,751

752,103

742,765

727,844

821,143

644,512

633,124

631,494

598,324

503,909

488,042

501,424

483,787

496,877

493,168

498,820

467,587

475,090

442,349

441,884

411,714

417,900

405,850

413,971

389,104

391,217

373,907

384,609

370,201

371,145

350,569

355,124

300,119

308,387

298,293

312,282

316,775

306,060

296,435

342,773

317,745

339,044

291,757

320,052

346,830

334,524

353,588

376,327

367,686

393,943

380,150

393,863

372,777

399,596

400,445

408,181

390,234

385,196

365,096

360,859

367,662

356,280

331,951

317,619

299,094

295,421

277,899

266,694

259,445

247,479

237,460

228,493

218,376

217,429

201,659

197,987

199,392

201,643

174,784

178,903

172,079

168,929

110,700

103,600

166,149

123,100

144,208

92,608

60,600

44,500

61,600

59,700

61,900

60,800

64,700

63,900

70,600

74,000

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
2,040,837
1,940,151
2,024,235
2,087,080
2,269,019
2,217,799
2,374,610
2,520,977
2,579,179
2,687,378
2,708,353
2,790,094
2,883,976
2,937,484
3,158,696
3,218,059
3,295,208
3,418,707
3,446,117
3,525,606
3,499,192
3,538,021
3,553,530
3,474,393
3,506,569
3,342,972
3,171,436
3,225,974
3,447,768
3,531,229
3,463,545
3,447,984
-296,435
0
0
-15,961
-11,287
-10,203
-11,320
-11,565
-33,131
-24,828
157,621
-16,306
-17,846
66,519
-56,922
54,904
204,668
182,974
-21,705
-24,561
-28,479
-33,029
-30,966
-33,083
-33,091
-22,291
-24,635
-23,079
-18,961
-18,041
-124,264
-122,317
-105,844
-86,508
-266,105
-147,881
133,177
113,294
137,736
-78,049
-12,606
79,808
-46,995
-226,713
-82,732
155,900
189,401
78,486
-79,525
1,182,643
1,247,046
1,132,831
1,293,746
1,437,281
1,726,901

1,726,901

1,437,281

1,293,746

1,132,831

1,247,046

1,182,643

-79,525

78,486

189,401

155,900

-82,732

-226,713

-46,995

79,808

-12,606

-78,049

137,736

113,294

133,177

-147,881

-266,105

-86,508

-105,844

-122,317

-124,264

-18,041

-18,961

-23,079

-24,635

-22,291

-33,091

-33,083

-30,966

-33,029

-28,479

-24,561

-21,705

182,974

204,668

54,904

-56,922

66,519

-17,846

-16,306

157,621

-24,828

-33,131

-11,565

-11,320

-10,203

-11,287

-15,961

-296,435

3,447,984

3,463,545

3,531,229

3,447,768

3,225,974

3,171,436

3,342,972

3,506,569

3,474,393

3,553,530

3,538,021

3,499,192

3,525,606

3,446,117

3,418,707

3,295,208

3,218,059

3,158,696

2,937,484

2,883,976

2,790,094

2,708,353

2,687,378

2,579,179

2,520,977

2,374,610

2,217,799

2,269,019

2,087,080

2,024,235

1,940,151

2,040,837

> Long-term Assets

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
21,000
20,800
20,600
20,500
20,400
19,900
19,500
19,100
18,800
18,500
18,200
18,000
23,600
23,700
25,600
26,700
27,600
27,600
27,800
27,400
27,600
27,800
0
28,000
950,658
28,500
28,400
29,200
1,198,347
30,300
30,800
31,300
1,478,741
30,200
29,900
30,200
1,622,546
33,400
33,900
33,900
1,609,686
1,666,007
1,703,609
1,782,039
1,830,169
1,859,420
1,892,334
1,996,033
1,980,619
2,021,197
46,534
48,460
61,619
77,051
84,344
86,240
97,094
105,628
86,592
104,500
119,251
148,831
164,556
168,500
174,235
174,356
170,292
186,805
33,608
194,145
186,146
198,702
203,209
194,636
191,653
281,953
2,742,110
475,923
435,054
375,910
311,535
341,485
351,039
320,641
299,479
320,280
307,304
323,636
274,359
277,388
263,201
274,138
252,325
259,925
259,962
266,798
241,115
241,176
251,799
245,354
237,395
235,639
248,360
253,910
231,629
250,027
233,857
239,191
224,331
263,991
255,356
239,224
208,747
215,522
218,073
216,562
211,353
303,957
325,793
338,594
267,327
342,536
323,949
333,288
273,595
355,918
364,940
349,657
5,418,939
5,312,363
5,102,686
4,948,429
286,536
284,392
295,184
303,063
263,962

263,962

303,063

295,184

284,392

286,536

4,948,429

5,102,686

5,312,363

5,418,939

349,657

364,940

355,918

273,595

333,288

323,949

342,536

267,327

338,594

325,793

303,957

211,353

216,562

218,073

215,522

208,747

239,224

255,356

263,991

224,331

239,191

233,857

250,027

231,629

253,910

248,360

235,639

237,395

245,354

251,799

241,176

241,115

266,798

259,962

259,925

252,325

274,138

263,201

277,388

274,359

323,636

307,304

320,280

299,479

320,641

351,039

341,485

311,535

375,910

435,054

475,923

2,742,110

281,953

191,653

194,636

203,209

198,702

186,146

194,145

33,608

186,805

170,292

174,356

174,235

168,500

164,556

148,831

119,251

104,500

86,592

105,628

97,094

86,240

84,344

77,051

61,619

48,460

46,534

2,021,197

1,980,619

1,996,033

1,892,334

1,859,420

1,830,169

1,782,039

1,703,609

1,666,007

1,609,686

33,900

33,400

1,622,546

30,200

29,900

30,200

1,478,741

31,300

30,800

30,300

1,198,347

29,200

28,400

28,500

950,658

28,000

27,800

27,600

27,400

27,800

27,600

26,700

25,600

23,700

23,600

18,000

18,200

18,500

18,800

19,100

19,500

19,900

20,400

20,500

20,600

20,800

21,000

Property Plant Equipment

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
21,000
20,800
20,600
20,500
20,400
19,900
19,500
19,100
18,800
18,500
18,200
18,000
23,600
23,700
25,600
26,700
27,600
27,600
27,800
27,400
27,600
27,800
0
28,000
27,464
28,500
28,400
29,200
30,060
30,300
30,800
31,300
30,493
30,200
29,900
30,200
31,901
33,400
33,900
33,900
34,221
34,031
34,262
33,950
35,208
37,558
38,571
39,470
44,448
45,900
46,534
48,460
61,619
67,256
71,509
77,069
79,286
81,274
83,550
85,475
88,645
119,198
124,511
126,179
136,779
137,120
136,944
140,688
152,260
162,560
165,788
165,946
172,357
190,294
188,504
189,477
191,777
198,675
201,987
200,930
201,862
201,091
200,999
197,165
196,505
190,325
185,075
179,977
177,760
172,422
168,696
165,169
161,940
158,284
154,884
154,467
156,716
155,954
157,428
160,134
158,976
156,989
157,455
157,605
157,131
158,412
157,164
155,730
155,910
155,515
155,264
144,478
145,223
145,853
148,214
149,719
153,023
197,119
207,082
214,128
213,895
214,413
215,222
215,999
219,477
217,282
218,865
219,972
223,299
219,965
216,552
213,363
191,625
176,342
178,842
166,511
165,589

165,589

166,511

178,842

176,342

191,625

213,363

216,552

219,965

223,299

219,972

218,865

217,282

219,477

215,999

215,222

214,413

213,895

214,128

207,082

197,119

153,023

149,719

148,214

145,853

145,223

144,478

155,264

155,515

155,910

155,730

157,164

158,412

157,131

157,605

157,455

156,989

158,976

160,134

157,428

155,954

156,716

154,467

154,884

158,284

161,940

165,169

168,696

172,422

177,760

179,977

185,075

190,325

196,505

197,165

200,999

201,091

201,862

200,930

201,987

198,675

191,777

189,477

188,504

190,294

172,357

165,946

165,788

162,560

152,260

140,688

136,944

137,120

136,779

126,179

124,511

119,198

88,645

85,475

83,550

81,274

79,286

77,069

71,509

67,256

61,619

48,460

46,534

45,900

44,448

39,470

38,571

37,558

35,208

33,950

34,262

34,031

34,221

33,900

33,400

31,901

30,200

29,900

30,200

30,493

31,300

30,800

30,300

30,060

29,200

28,400

28,500

27,464

28,000

27,800

27,600

27,400

27,800

27,600

26,700

25,600

23,700

23,600

18,000

18,200

18,500

18,800

19,100

19,500

19,900

20,400

20,500

20,600

20,800

21,000

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
7,300
0
0
0
7,300
0
0
0
7,300
0
0
0
0
0
0
0
0
0
0
0
0
42,850
42,850
42,850
42,850
42,850
42,850
42,850
42,850
42,850
42,850
42,850
42,850
42,850
42,850
42,850
42,796
42,796
42,796
42,796
42,796
42,796
42,796
42,796
42,796
42,796
42,796
42,796
42,796
42,796
42,796
42,796
42,796
42,796
42,796
42,796
42,796
42,796
42,796
42,796
42,796
42,796
42,796
42,796
42,796
42,796
42,796
42,796
42,796
42,796
42,796
42,796
42,796
42,796
42,796
42,796
42,796
42,796
42,796
42,796
42,796

42,796

42,850

7,300

Long Term Investments

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,081,104
3,223,482
3,155,257
3,025,854
3,117,602
3,037,561
3,062,421
3,119,246
3,113,130
3,160,613
3,180,095
3,204,757
3,176,297
3,126,330
3,158,312
3,316,704
3,389,582
3,407,703
3,403,822
3,443,363
3,359,767
3,348,386
3,380,642
3,433,315
3,487,837
3,554,236
3,547,560
3,600,498
3,659,158
3,727,332
3,732,728
3,724,116
3,834,156
3,904,064
3,768,091
4,061,224
4,165,002
4,218,148
4,312,161
3,299,873
4,402,159
4,548,796
4,729,270
4,946,202
5,040,804
5,074,754
5,142,589
5,039,614
4,833,616
4,682,815
4,910,800
4,975,032
4,955,185
4,997,428
5,228,520

5,228,520

4,997,428

4,955,185

4,975,032

4,910,800

4,682,815

4,833,616

5,039,614

5,142,589

5,074,754

5,040,804

4,946,202

4,729,270

4,548,796

4,402,159

3,299,873

4,312,161

4,218,148

4,165,002

4,061,224

3,768,091

3,904,064

3,834,156

3,724,116

3,732,728

3,727,332

3,659,158

3,600,498

3,547,560

3,554,236

3,487,837

3,433,315

3,380,642

3,348,386

3,359,767

3,443,363

3,403,822

3,407,703

3,389,582

3,316,704

3,158,312

3,126,330

3,176,297

3,204,757

3,180,095

3,160,613

3,113,130

3,119,246

3,062,421

3,037,561

3,117,602

3,025,854

3,155,257

3,223,482

3,081,104

Intangible Assets

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
12,500
0
0
0
12,500
0
0
0
12,500
0
0
0
0
0
0
0
0
0
0
0
0
71,482
70,229
68,526
66,823
65,120
63,418
61,715
60,124
58,486
56,870
55,298
53,749
52,201
50,653
49,105
47,589
46,090
44,593
43,098
41,603
40,108
38,613
37,118
35,623
35,528
34,033
32,538
31,702
30,182
28,663
27,144
25,625
24,287
22,949
21,611
20,728
19,622
18,256
16,901
15,534
14,437
13,170
11,903
10,636
10,400
10,164
9,939
11,322
11,055
10,788
10,522
10,255
9,988
9,722
9,455
9,212
8,992
8,772
8,553
8,333

8,333

8,553

8,772

8,992

9,212

9,455

9,722

9,988

10,255

10,522

10,788

11,055

11,322

9,939

10,164

10,400

10,636

11,903

13,170

14,437

15,534

16,901

18,256

19,622

20,728

21,611

22,949

24,287

25,625

27,144

28,663

30,182

31,702

32,538

34,033

35,528

35,623

37,118

38,613

40,108

41,603

43,098

44,593

46,090

47,589

49,105

50,653

52,201

53,749

55,298

56,870

58,486

60,124

61,715

63,418

65,120

66,823

68,526

70,229

71,482

12,500

Other Assets

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
584,800
611,100
620,800
641,500
653,800
670,400
669,900
680,400
700,600
700,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
7,022
1,071,100
1,097,100
1,165,300
7,700
1,434,000
1,520,000
1,500,800
17,891
1,755,900
1,703,800
1,724,700
37,671
1,871,900
1,884,300
1,877,400
72,982
67,470
61,628
64,781
73,790
62,450
44,172
11,457
41,743
31,028
2,040,837
1,940,151
2,296,871
2,129,091
2,276,923
2,251,876
2,428,467
2,598,720
2,717,387
2,806,871
2,814,761
2,894,386
2,985,942
3,032,999
3,270,159
3,348,343
3,406,602
3,530,895
3,564,769
1,202,958
1,259,181
3,814,076
1,275,282
3,846,378
3,857,008
-561,080
1,003,329
3,383,110
3,417,550
3,567,571
3,579,428
3,519,257
3,507,625
3,602,832
3,579,126
3,442,387
3,495,483
3,314,361
3,347,810
3,427,494
3,517,419
3,527,515
3,484,525
3,675,118
3,626,007
3,572,148
3,491,782
3,692,551
3,822,716
3,792,646
3,700,445
3,974,238
3,909,794
3,934,650
3,947,518
4,051,742
4,073,606
4,125,373
3,968,389
4,102,709
4,142,157
4,135,334
4,298,452
4,381,997
4,472,063
4,571,989
4,654,786
4,665,307
4,788,208
4,797,704
4,833,297
4,260,678
4,392,256
4,615,438
4,741,493
4,695,691
4,929,218
5,221,890
189,401
210,693
222,050
347,174
5,248,829
5,324,720
5,262,525
5,333,708
5,508,316

5,508,316

5,333,708

5,262,525

5,324,720

5,248,829

347,174

222,050

210,693

189,401

5,221,890

4,929,218

4,695,691

4,741,493

4,615,438

4,392,256

4,260,678

4,833,297

4,797,704

4,788,208

4,665,307

4,654,786

4,571,989

4,472,063

4,381,997

4,298,452

4,135,334

4,142,157

4,102,709

3,968,389

4,125,373

4,073,606

4,051,742

3,947,518

3,934,650

3,909,794

3,974,238

3,700,445

3,792,646

3,822,716

3,692,551

3,491,782

3,572,148

3,626,007

3,675,118

3,484,525

3,527,515

3,517,419

3,427,494

3,347,810

3,314,361

3,495,483

3,442,387

3,579,126

3,602,832

3,507,625

3,519,257

3,579,428

3,567,571

3,417,550

3,383,110

1,003,329

-561,080

3,857,008

3,846,378

1,275,282

3,814,076

1,259,181

1,202,958

3,564,769

3,530,895

3,406,602

3,348,343

3,270,159

3,032,999

2,985,942

2,894,386

2,814,761

2,806,871

2,717,387

2,598,720

2,428,467

2,251,876

2,276,923

2,129,091

2,296,871

1,940,151

2,040,837

31,028

41,743

11,457

44,172

62,450

73,790

64,781

61,628

67,470

72,982

1,877,400

1,884,300

1,871,900

37,671

1,724,700

1,703,800

1,755,900

17,891

1,500,800

1,520,000

1,434,000

7,700

1,165,300

1,097,100

1,071,100

7,022

700,000

700,600

680,400

669,900

670,400

653,800

641,500

620,800

611,100

584,800

> Total Liabilities

0
2,800
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
22,500
21,800
21,000
20,300
19,500
18,800
18,000
17,300
16,500
15,800
483,700
435,900
33,400
15,000
15,000
413,700
15,000
422,600
417,400
430,300
25,000
25,000
0
25,000
516,468
25,000
547,600
585,700
778,705
814,400
857,200
913,800
925,940
951,200
958,100
969,500
959,650
972,800
987,900
996,800
996,776
1,022,676
1,040,563
1,122,535
1,109,358
1,124,051
1,150,895
1,249,362
1,246,829
1,317,059
1,369,999
1,482,950
1,546,510
1,618,309
1,691,915
1,792,333
1,864,263
1,946,541
2,015,336
2,151,207
2,150,195
2,271,980
2,302,470
2,418,950
2,433,714
2,506,809
2,547,124
2,615,931
2,576,932
2,606,632
2,581,304
2,632,158
2,552,498
2,517,885
2,444,456
2,455
2,456,144
2,572,618
2,499,325
2,505,234
2,461,687
2,437,383
2,395,866
2,409,405
2,408,549
2,387,698
2,400,913
2,287,130
2,212,523
2,238,219
2,259,702
2,317,077
2,347,189
2,396,820
2,397,952
2,500,301
2,492,695
2,614,313
2,638,737
2,684,366
2,724,843
2,748,093
2,738,741
2,817,080
2,807,760
2,884,685
2,900,020
2,985,815
3,036,316
3,118,020
3,175,791
3,249,408
3,339,936
3,448,566
3,494,613
3,578,807
3,816,045
3,887,426
3,948,556
4,070,698
4,089,655
4,093,454
4,099,922
4,244,956
4,295,649
4,449,717
4,518,317
4,609,440
4,632,191
4,758,909
4,837,300
4,908,180
4,992,057
5,130,094
5,290,500
5,547,906
5,555,252

5,555,252

5,547,906

5,290,500

5,130,094

4,992,057

4,908,180

4,837,300

4,758,909

4,632,191

4,609,440

4,518,317

4,449,717

4,295,649

4,244,956

4,099,922

4,093,454

4,089,655

4,070,698

3,948,556

3,887,426

3,816,045

3,578,807

3,494,613

3,448,566

3,339,936

3,249,408

3,175,791

3,118,020

3,036,316

2,985,815

2,900,020

2,884,685

2,807,760

2,817,080

2,738,741

2,748,093

2,724,843

2,684,366

2,638,737

2,614,313

2,492,695

2,500,301

2,397,952

2,396,820

2,347,189

2,317,077

2,259,702

2,238,219

2,212,523

2,287,130

2,400,913

2,387,698

2,408,549

2,409,405

2,395,866

2,437,383

2,461,687

2,505,234

2,499,325

2,572,618

2,456,144

2,455

2,444,456

2,517,885

2,552,498

2,632,158

2,581,304

2,606,632

2,576,932

2,615,931

2,547,124

2,506,809

2,433,714

2,418,950

2,302,470

2,271,980

2,150,195

2,151,207

2,015,336

1,946,541

1,864,263

1,792,333

1,691,915

1,618,309

1,546,510

1,482,950

1,369,999

1,317,059

1,246,829

1,249,362

1,150,895

1,124,051

1,109,358

1,122,535

1,040,563

1,022,676

996,776

996,800

987,900

972,800

959,650

969,500

958,100

951,200

925,940

913,800

857,200

814,400

778,705

585,700

547,600

25,000

516,468

25,000

430,300

417,400

422,600

15,000

413,700

15,000

33,400

435,900

483,700

15,800

16,500

17,300

18,000

18,800

19,500

20,300

21,000

21,800

22,500

2,800

> Total Current Liabilities

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
18,500
18,300
0
0
0
13,600
0
5,000
5,000
16,000
0
0
0
0
491,500
513,000
522,600
560,700
703,700
739,400
782,200
838,800
850,900
876,200
883,000
894,500
881,700
894,800
909,900
918,800
904,800
927,700
945,600
1,009,600
1,001,500
1,016,500
1,043,200
1,119,000
1,117,300
1,187,500
1,240,300
1,354,200
23,658
10,166
11,987
9,446
11,441
24,249
26,435
13,857
10,123
17,455
1,062
16,000
11,219
29,086
1,779
578
118,953
28,223
11,553
15,685
3,150
22,691
4,056
13,161
139,276
8,101
9,576
7,113
63,407
2,195
5,464
4,092
52,218
5,292
15,863
15,570
6,578
5,292
21,440
12,726
7,503
4,726
2,395
26,324
27,076
4,961
24,476
7,792
5,836
2,817
7,068
11,915
32,272
11,907
10,072
2,748
55,239
8,646
12,706
13,173
84,189
62,663
51,855
27,012
52,224
27,051
18,210
13,265
35,606
5,510
6,853
6,401
51,558
34,238
623
10,420
169,125
175,406
165,922
155,441
206,822
77,951
90,126
75,279
4,081

4,081

75,279

90,126

77,951

206,822

155,441

165,922

175,406

169,125

10,420

623

34,238

51,558

6,401

6,853

5,510

35,606

13,265

18,210

27,051

52,224

27,012

51,855

62,663

84,189

13,173

12,706

8,646

55,239

2,748

10,072

11,907

32,272

11,915

7,068

2,817

5,836

7,792

24,476

4,961

27,076

26,324

2,395

4,726

7,503

12,726

21,440

5,292

6,578

15,570

15,863

5,292

52,218

4,092

5,464

2,195

63,407

7,113

9,576

8,101

139,276

13,161

4,056

22,691

3,150

15,685

11,553

28,223

118,953

578

1,779

29,086

11,219

16,000

1,062

17,455

10,123

13,857

26,435

24,249

11,441

9,446

11,987

10,166

23,658

1,354,200

1,240,300

1,187,500

1,117,300

1,119,000

1,043,200

1,016,500

1,001,500

1,009,600

945,600

927,700

904,800

918,800

909,900

894,800

881,700

894,500

883,000

876,200

850,900

838,800

782,200

739,400

703,700

560,700

522,600

513,000

491,500

16,000

5,000

13,600

18,300

18,500

Short-term Debt

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
18,500
18,300
0
0
0
13,600
0
5,000
5,000
16,000
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
155
139,276
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
294,025
0
0
0
301,525
0
0
0
20,000
372,449
372,861
372,825
372,535
372,236
372,928
0
0
0
0
0
0
0
0
0
372,532
372,632
372,732
372,831
115,556
0
0
0
11,340
0
75,000
200,000
8,731

8,731

200,000

75,000

11,340

115,556

372,831

372,732

372,632

372,532

372,928

372,236

372,535

372,825

372,861

372,449

20,000

301,525

294,025

139,276

155

16,000

5,000

13,600

18,300

18,500

Short Long Term Debt

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
294,025
0
0
0
301,525
0
0
0
20,000
372,449
372,861
372,825
372,535
372,236
372,928
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
75,000
200,000
0

200,000

75,000

372,928

372,236

372,535

372,825

372,861

372,449

20,000

301,525

294,025

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
25,412
0
0
0
36,463
0
0
0
50,742
50,742
0
0
53,196
0
0
0
0
47,022
95,482
54,992
39,715
41,223
44,612
51,221
100,267
47,573
52,806
61,488
125,616
62,209
76,652
93,373
179,349
100,994
116,050
143,169
221,081
119,251
134,584
127,302
242,254
66,903
139,473
156,533
118,953
91,715
122,013
127,071
122,605
126,255
119,402
129,232
93,864
116,094
118,766
133,954
114,469
118,250
128,757
138,482
106,662
98,026
108,511
105,855
94,743
99,420
100,158
100,180
96,220
113,090
116,561
133,973
127,663
112,146
120,839
141,897
130,887
118,561
128,291
139,345
122,571
116,765
115,561
119,508
112,334
124,488
121,195
130,825
108,252
132,223
133,293
138,643
115,071
137,258
147,424
156,276
143,318
150,307
190,204
180,312
194,421
191,121
195,973
182,138
169,125
175,406
165,922
155,441
151,686
151,413
165,331
166,750
175,219

175,219

166,750

165,331

151,413

151,686

155,441

165,922

175,406

169,125

182,138

195,973

191,121

194,421

180,312

190,204

150,307

143,318

156,276

147,424

137,258

115,071

138,643

133,293

132,223

108,252

130,825

121,195

124,488

112,334

119,508

115,561

116,765

122,571

139,345

128,291

118,561

130,887

141,897

120,839

112,146

127,663

133,973

116,561

113,090

96,220

100,180

100,158

99,420

94,743

105,855

108,511

98,026

106,662

138,482

128,757

118,250

114,469

133,954

118,766

116,094

93,864

129,232

119,402

126,255

122,605

127,071

122,013

91,715

118,953

156,533

139,473

66,903

242,254

127,302

134,584

119,251

221,081

143,169

116,050

100,994

179,349

93,373

76,652

62,209

125,616

61,488

52,806

47,573

100,267

51,221

44,612

41,223

39,715

54,992

95,482

47,022

53,196

50,742

36,463

25,412

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
-18,500
-18,300
0
0
0
-13,600
0
-5,000
-5,000
-16,000
0
0
0
0
466,088
513,000
522,600
560,700
667,237
739,400
782,200
838,800
800,158
876,200
883,000
894,500
828,504
894,800
909,900
918,800
904,800
880,678
945,600
954,608
961,785
975,277
998,588
1,067,779
1,117,300
1,139,927
1,187,494
1,292,712
6,654
-52,043
-64,665
-83,927
1,739,600
-76,745
-89,615
-129,312
2,025,500
-101,796
-133,522
-111,302
2,299,500
-37,817
-137,694
2,473,900
-118,953
-63,492
-110,460
-111,386
-119,455
-103,564
-115,346
-116,226
-93,864
2,296,700
-109,190
-126,841
27,268
2,166,500
2,125,900
2,140,400
25,719
2,122,100
-92,648
-90,285
-94,676
-94,128
-78,718
-87,454
-89,162
-108,364
-114,166
-107,649
-115,807
-107,185
-96,363
-134,105
-130,384
-115,744
-121,223
-127,430
-113,530
-104,858
-105,489
-116,760
-122,372
-115,842
-108,489
-117,652
-46,995
-69,560
-81,438
-111,631
-76,186
-110,207
-129,214
-143,011
-135,676
-144,797
-183,351
-173,911
-183,995
-156,883
-195,350
-171,718
-169,125
-175,406
-39,071
-65,705
893
-73,462
-150,205
-291,471
-171,138

-171,138

-291,471

-150,205

-73,462

893

-65,705

-39,071

-175,406

-169,125

-171,718

-195,350

-156,883

-183,995

-173,911

-183,351

-144,797

-135,676

-143,011

-129,214

-110,207

-76,186

-111,631

-81,438

-69,560

-46,995

-117,652

-108,489

-115,842

-122,372

-116,760

-105,489

-104,858

-113,530

-127,430

-121,223

-115,744

-130,384

-134,105

-96,363

-107,185

-115,807

-107,649

-114,166

-108,364

-89,162

-87,454

-78,718

-94,128

-94,676

-90,285

-92,648

2,122,100

25,719

2,140,400

2,125,900

2,166,500

27,268

-126,841

-109,190

2,296,700

-93,864

-116,226

-115,346

-103,564

-119,455

-111,386

-110,460

-63,492

-118,953

2,473,900

-137,694

-37,817

2,299,500

-111,302

-133,522

-101,796

2,025,500

-129,312

-89,615

-76,745

1,739,600

-83,927

-64,665

-52,043

6,654

1,292,712

1,187,494

1,139,927

1,117,300

1,067,779

998,588

975,277

961,785

954,608

945,600

880,678

904,800

918,800

909,900

894,800

828,504

894,500

883,000

876,200

800,158

838,800

782,200

739,400

667,237

560,700

522,600

513,000

466,088

-16,000

-5,000

-13,600

-18,300

-18,500

> Long-term Liabilities

0
2,800
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
22,500
21,800
21,000
20,300
19,500
18,800
18,000
17,300
16,500
15,800
15,000
15,000
33,400
15,000
15,000
15,000
15,000
15,000
31,400
15,000
25,000
25,000
0
25,000
25,000
25,000
25,000
25,000
75,000
75,000
75,000
75,000
75,000
75,000
75,000
75,000
78,000
78,000
78,000
78,000
92,000
95,000
95,000
112,900
107,900
107,600
107,700
130,400
129,500
129,600
129,700
128,800
1,522,852
1,608,143
1,679,928
1,782,887
1,852,822
1,922,292
1,988,901
2,137,350
2,140,072
2,254,525
2,301,408
2,402,950
2,422,495
2,477,723
2,545,345
2,615,353
141,554
2,578,409
2,569,751
2,616,473
2,549,348
2,495,194
2,440,400
2,442,317
5,295
2,564,517
2,489,749
2,498,121
2,398,280
2,435,188
2,390,402
2,405,313
2,356,331
2,382,406
2,385,050
2,271,560
2,205,945
2,232,927
2,238,262
2,304,351
2,339,686
2,392,094
2,395,557
2,473,977
2,465,619
2,609,352
2,614,261
2,676,574
2,719,007
2,745,276
2,731,673
2,805,165
2,775,488
2,872,778
2,889,948
2,983,067
2,981,077
3,109,374
3,163,085
3,236,235
3,255,747
3,385,903
3,442,758
3,551,795
3,763,821
3,860,375
3,930,346
4,057,433
4,054,049
4,087,944
4,093,069
4,238,555
4,244,091
4,415,479
4,517,694
4,599,020
169,125
175,406
165,922
155,441
4,785,235
5,052,143
5,200,374
5,472,627
5,551,171

5,551,171

5,472,627

5,200,374

5,052,143

4,785,235

155,441

165,922

175,406

169,125

4,599,020

4,517,694

4,415,479

4,244,091

4,238,555

4,093,069

4,087,944

4,054,049

4,057,433

3,930,346

3,860,375

3,763,821

3,551,795

3,442,758

3,385,903

3,255,747

3,236,235

3,163,085

3,109,374

2,981,077

2,983,067

2,889,948

2,872,778

2,775,488

2,805,165

2,731,673

2,745,276

2,719,007

2,676,574

2,614,261

2,609,352

2,465,619

2,473,977

2,395,557

2,392,094

2,339,686

2,304,351

2,238,262

2,232,927

2,205,945

2,271,560

2,385,050

2,382,406

2,356,331

2,405,313

2,390,402

2,435,188

2,398,280

2,498,121

2,489,749

2,564,517

5,295

2,442,317

2,440,400

2,495,194

2,549,348

2,616,473

2,569,751

2,578,409

141,554

2,615,353

2,545,345

2,477,723

2,422,495

2,402,950

2,301,408

2,254,525

2,140,072

2,137,350

1,988,901

1,922,292

1,852,822

1,782,887

1,679,928

1,608,143

1,522,852

128,800

129,700

129,600

129,500

130,400

107,700

107,600

107,900

112,900

95,000

92,000

78,000

75,000

25,000

15,000

31,400

15,000

33,400

15,000

15,800

16,500

17,300

18,000

18,800

19,500

20,300

21,000

21,800

22,500

2,800

Long term Debt Total

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
269,964
268,991
267,210
265,592
263,896
138,000
140,000
140,000
140,000
140,000
140,000
140,000
140,000
180,000
190,000
270,000
270,000
290,000
290,000
290,000
290,000
290,000
290,000
290,000
290,000
290,000
320,000
371,044
371,136
371,236
371,335
371,435
371,535
371,635
371,734
371,834
371,934
372,034
372,133
372,233
372,333
372,432
372,532
372,632
372,732
372,831
372,931
373,031
373,130
373,230
398,330
448,430
448,529
573,629
0

573,629

448,529

448,430

398,330

373,230

373,130

373,031

372,931

372,831

372,732

372,632

372,532

372,432

372,333

372,233

372,133

372,034

371,934

371,834

371,734

371,635

371,535

371,435

371,335

371,236

371,136

371,044

320,000

290,000

270,000

190,000

180,000

140,000

138,000

263,896

265,592

267,210

268,991

269,964

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
829,694
850,081
903,297
899,993
908,051
936,049
992,645
1,012,682
1,076,518
1,119,966
1,223,336
1,285,381
1,348,580
1,394,020
1,480,455
1,530,951
1,593,019
1,663,676
1,760,197
1,763,642
1,879,876
1,903,594
1,985,816
2,010,464
2,058,304
2,232,001
2,271,320
2,246,335
2,286,078
2,287,914
2,309,981
2,254,179
2,208,821
2,163,782
2,171,290
2,203,655
2,180,636
2,097,557
2,091,477
2,075,821
2,048,218
1,997,145
2,001,932
2,034,677
2,024,080
2,012,643
2,027,705
1,977,713
1,983,592
2,018,542
2,059,883
2,110,524
2,126,249
2,138,996
2,160,004
2,163,176
2,224,888
2,210,460
2,239,371
2,298,623
2,339,532
2,320,450
2,387,735
2,395,189
2,477,920
2,494,459
2,573,559
2,594,020
2,613,842
2,670,754
2,734,174
2,837,417
1,793,258
1,796,846
1,826,203
904,387
2,058,206
2,064,985
2,108,320
946,312
2,129,209
2,091,880
2,207,348
2,268,572
2,369,254
2,438,447
2,471,858
2,535,759
2,609,726
2,670,387
2,717,515
1,319,479
2,958,958
0
3,039,414
0

3,039,414

2,958,958

1,319,479

2,717,515

2,670,387

2,609,726

2,535,759

2,471,858

2,438,447

2,369,254

2,268,572

2,207,348

2,091,880

2,129,209

946,312

2,108,320

2,064,985

2,058,206

904,387

1,826,203

1,796,846

1,793,258

2,837,417

2,734,174

2,670,754

2,613,842

2,594,020

2,573,559

2,494,459

2,477,920

2,395,189

2,387,735

2,320,450

2,339,532

2,298,623

2,239,371

2,210,460

2,224,888

2,163,176

2,160,004

2,138,996

2,126,249

2,110,524

2,059,883

2,018,542

1,983,592

1,977,713

2,027,705

2,012,643

2,024,080

2,034,677

2,001,932

1,997,145

2,048,218

2,075,821

2,091,477

2,097,557

2,180,636

2,203,655

2,171,290

2,163,782

2,208,821

2,254,179

2,309,981

2,287,914

2,286,078

2,246,335

2,271,320

2,232,001

2,058,304

2,010,464

1,985,816

1,903,594

1,879,876

1,763,642

1,760,197

1,663,676

1,593,019

1,530,951

1,480,455

1,394,020

1,348,580

1,285,381

1,223,336

1,119,966

1,076,518

1,012,682

992,645

936,049

908,051

899,993

903,297

850,081

829,694

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
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
9,915
1,002
17,014
445
12,755
0
0
0
2,318
12,962
5,306
5,333
0
0
0
0
0
0
2,748
9,962
8,646
12,706
13,173
22,932
7,251
8,807
7,146
0
6,166
15,654
21,068
27,964
5,500
9,131
19,996
41,132
42,747
5,200
39,524
53,569
7,969
200
200
2,000
800
0
700
0

700

800

2,000

200

7,969

53,569

39,524

5,200

42,747

41,132

19,996

9,131

5,500

27,964

21,068

15,654

6,166

7,146

8,807

7,251

22,932

13,173

12,706

8,646

9,962

2,748

5,333

5,306

12,962

2,318

12,755

445

17,014

1,002

9,915

> Total Stockholder Equity

0
93,800
0
0
0
107,900
0
0
0
122,600
0
0
0
147,400
0
0
0
176,600
181,400
191,500
200,900
219,400
233,100
247,400
262,900
277,200
291,600
303,500
332,400
353,700
375,800
396,000
419,300
450,300
440,200
448,700
456,300
457,200
491,600
0
534,100
565,188
512,800
582,200
611,900
641,222
656,200
699,400
746,200
799,592
841,800
884,100
899,600
917,375
936,700
933,800
922,400
909,591
936,537
949,830
985,466
1,032,905
1,045,864
1,058,149
1,079,683
1,069,711
1,070,175
1,081,121
1,093,809
1,098,786
1,133,369
1,195,926
1,210,778
1,255,503
1,312,098
1,323,404
1,402,072
1,459,548
1,484,169
1,551,449
1,597,882
1,607,837
1,630,136
1,633,337
1,694,186
1,724,130
1,766,110
1,789,619
1,845,672
1,861,998
1,826,173
1,866,328
1,695
1,494,051
1,559,344
1,642,546
1,768,613
1,770,946
1,800,125
1,786,004
1,851,091
1,794,815
1,820,877
1,845,602
1,809,487
1,857,483
1,898,560
1,860,731
1,893,833
1,842,497
1,875,346
1,833,868
1,840,155
1,822,486
1,861,806
1,923,663
1,924,640
1,875,446
1,869,964
1,847,743
1,829,499
1,820,885
1,807,378
1,822,028
1,815,457
1,752,402
1,745,969
1,763,192
1,776,191
1,761,387
1,684,221
1,709,858
1,734,230
1,617,684
1,719,294
1,767,962
1,802,544
1,799,502
1,623,444
1,816,815
1,900,832
2,032,597
2,104,437
2,178,631
2,144,933
2,140,281
1,908,207
1,662,365
1,546,481
1,522,131
1,459,263
1,400,140
1,374,332
1,548,145

1,548,145

1,374,332

1,400,140

1,459,263

1,522,131

1,546,481

1,662,365

1,908,207

2,140,281

2,144,933

2,178,631

2,104,437

2,032,597

1,900,832

1,816,815

1,623,444

1,799,502

1,802,544

1,767,962

1,719,294

1,617,684

1,734,230

1,709,858

1,684,221

1,761,387

1,776,191

1,763,192

1,745,969

1,752,402

1,815,457

1,822,028

1,807,378

1,820,885

1,829,499

1,847,743

1,869,964

1,875,446

1,924,640

1,923,663

1,861,806

1,822,486

1,840,155

1,833,868

1,875,346

1,842,497

1,893,833

1,860,731

1,898,560

1,857,483

1,809,487

1,845,602

1,820,877

1,794,815

1,851,091

1,786,004

1,800,125

1,770,946

1,768,613

1,642,546

1,559,344

1,494,051

1,695

1,866,328

1,826,173

1,861,998

1,845,672

1,789,619

1,766,110

1,724,130

1,694,186

1,633,337

1,630,136

1,607,837

1,597,882

1,551,449

1,484,169

1,459,548

1,402,072

1,323,404

1,312,098

1,255,503

1,210,778

1,195,926

1,133,369

1,098,786

1,093,809

1,081,121

1,070,175

1,069,711

1,079,683

1,058,149

1,045,864

1,032,905

985,466

949,830

936,537

909,591

922,400

933,800

936,700

917,375

899,600

884,100

841,800

799,592

746,200

699,400

656,200

641,222

611,900

582,200

512,800

565,188

534,100

491,600

457,200

456,300

448,700

440,200

450,300

419,300

396,000

375,800

353,700

332,400

303,500

291,600

277,200

262,900

247,400

233,100

219,400

200,900

191,500

181,400

176,600

147,400

122,600

107,900

93,800

Common Stock

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
40,895
0
0
0
42,644
0
0
0
47,412
47,412
0
0
48,830
0
0
0
50,963
50,582
50,799
50,701
52,162
52,209
52,342
52,540
53,955
54,563
55,606
55,689
55,933
56,732
57,014
57,106
57,453
58,091
58,991
59,502
60,206
61,041
61,666
62,646
63,103
64,451
65,781
66,352
66,436
67,062
68,732
69,006
69,369
69,538
70,250
71,111
-16,054
71,827
72,030
72,248
72,589
72,994
73,466
73,859
74,188
74,822
75,086
75,370
76,634
77,833
79,016
79,063
79,380
79,409
80,857
81,109
81,591
81,710
81,784
83,666
88,705
90,105
90,993
91,028
90,985
93,971
94,006
94,937
95,529
96,544
96,565
97,523
97,523
97,546
97,586
97,967
98,026
98,495
98,647
98,683
98,828
98,863
98,898
98,934
98,970
98,837
98,872
98,908
98,943
98,947
98,947
98,947
98,947
98,947
98,947
98,947
98,947

98,947

98,943

98,908

98,872

98,837

98,970

98,934

98,898

98,863

98,828

98,683

98,647

98,495

98,026

97,967

97,586

97,546

97,523

96,565

96,544

95,529

94,937

94,006

93,971

90,985

91,028

90,993

90,105

88,705

83,666

81,784

81,710

81,591

81,109

80,857

79,409

79,380

79,063

79,016

77,833

76,634

75,370

75,086

74,822

74,188

73,859

73,466

72,994

72,589

72,248

72,030

71,827

-16,054

71,111

70,250

69,538

69,369

69,006

68,732

67,062

66,436

66,352

65,781

64,451

63,103

62,646

61,666

61,041

60,206

59,502

58,991

58,091

57,453

57,106

57,014

56,732

55,933

55,689

55,606

54,563

53,955

52,540

52,342

52,209

52,162

50,701

50,799

50,582

50,963

48,830

47,412

42,644

40,895

Retained Earnings Total 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
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,713,299
1,777,817
1,721,289
1,746,624
1,770,981
1,734,304
1,780,311
1,820,189
1,781,430
1,814,135
1,763,117
1,795,937
1,753,011
1,758,918
1,740,484
1,779,322
1,840,469
1,837,928
1,782,937
1,775,047
1,750,621
1,731,827
1,721,030
1,710,096
1,724,711
1,717,373
1,656,873
1,649,425
1,666,627
1,678,668
1,663,864
1,586,675
1,612,272
1,636,263
1,519,658
1,620,799
1,669,315
1,703,861
1,700,674
1,524,581
1,717,917
1,801,898
1,933,627
2,005,600
2,079,759
2,046,025
2,041,338
1,809,260
1,563,418
1,447,534
1,423,184
1,360,316
1,301,193
0
0

1,301,193

1,360,316

1,423,184

1,447,534

1,563,418

1,809,260

2,041,338

2,046,025

2,079,759

2,005,600

1,933,627

1,801,898

1,717,917

1,524,581

1,700,674

1,703,861

1,669,315

1,620,799

1,519,658

1,636,263

1,612,272

1,586,675

1,663,864

1,678,668

1,666,627

1,649,425

1,656,873

1,717,373

1,724,711

1,710,096

1,721,030

1,731,827

1,750,621

1,775,047

1,782,937

1,837,928

1,840,469

1,779,322

1,740,484

1,758,918

1,753,011

1,795,937

1,763,117

1,814,135

1,781,430

1,820,189

1,780,311

1,734,304

1,770,981

1,746,624

1,721,289

1,777,817

1,713,299

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
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
25,227
0
0
0
18,956
0
0
0
46,131
0
0
0
51,196
0
0
0
-39,471
-22,678
-22,879
-1,841
30,871
33,175
32,964
36,352
16,975
3,908
28,556
38,688
42,140
51,764
88,622
71,723
84,833
92,117
44,546
77,736
80,549
67,363
83,877
79,788
66,549
55,079
45,383
63,682
69,652
78,987
59,770
80,726
80,557
-289
175
54
-876
-868
-550
-672
-597
-696
-797
-870
-740
-647
-631
-539
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

-539

-631

-647

-740

-870

-797

-696

-597

-672

-550

-868

-876

175

-289

80,557

80,726

59,770

78,987

69,652

63,682

45,383

55,079

66,549

79,788

83,877

67,363

80,549

77,736

44,546

92,117

84,833

71,723

88,622

51,764

42,140

38,688

28,556

3,908

16,975

36,352

32,964

33,175

30,871

-1,841

-22,879

-22,678

-39,471

51,196

46,131

18,956

25,227

Capital Surplus

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
36
285
78
78
166
352
538
538
285
635
0
0
0
128
411
774
1,410
3,046
3,804
4,812
6,129
6,644
8,870
3,311
3,311
3,147
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

3,147

3,311

8,870

6,644

6,129

4,812

3,804

3,046

1,410

774

411

128

635

285

538

352

166

285

Treasury Stock

Other Stockholders Equity

0
38,500
0
0
0
38,900
0
0
0
36,400
0
0
0
36,600
0
0
0
37,700
36,600
36,400
35,400
37,000
38,500
38,900
39,800
40,200
39,800
40,600
47,100
47,000
50,600
49,600
52,800
63,800
40,700
36,600
32,700
23,500
44,900
0
50,700
22,143
49,100
44,700
52,000
16,956
51,700
67,000
81,000
46,131
94,000
95,700
100,300
47,196
86,800
62,400
36,600
-42,471
-25,428
-25,379
-4,091
28,871
31,425
31,464
35,102
15,975
3,158
28,056
38,438
98,073
51,764
88,622
71,723
57,453
58,091
44,546
77,736
60,206
61,041
61,666
62,646
63,103
64,451
383
-318
-348
67,062
-230
-274
69,369
-289
70,250
71,111
71,428
71,827
72,030
72,248
72,589
73,012
73,502
74,144
74,266
74,900
75,252
75,722
77,172
538
285
635
0
0
0
128
411
774
1,410
3,046
3,804
4,812
6,129
6,644
8,870
3,311
3,311
3,147
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
98,943
0
0
0
98,947
0
0
0
98,947

98,947

98,943

3,147

3,311

8,870

6,644

6,129

4,812

3,804

3,046

1,410

774

411

128

635

285

538

77,172

75,722

75,252

74,900

74,266

74,144

73,502

73,012

72,589

72,248

72,030

71,827

71,428

71,111

70,250

-289

69,369

-274

-230

67,062

-348

-318

383

64,451

63,103

62,646

61,666

61,041

60,206

77,736

44,546

58,091

57,453

71,723

88,622

51,764

98,073

38,438

28,056

3,158

15,975

35,102

31,464

31,425

28,871

-4,091

-25,379

-25,428

-42,471

36,600

62,400

86,800

47,196

100,300

95,700

94,000

46,131

81,000

67,000

51,700

16,956

52,000

44,700

49,100

22,143

50,700

44,900

23,500

32,700

36,600

40,700

63,800

52,800

49,600

50,600

47,000

47,100

40,600

39,800

40,200

39,800

38,900

38,500

37,000

35,400

36,400

36,600

37,700

36,600

36,400

38,900

38,500

Balance Sheet

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31	1993-12-31	1992-12-31	1991-12-31	1990-12-31	1989-12-31	1988-12-31	1987-12-31	1986-12-31	1985-12-31
Accounts Payable	175,219	151,686	169,125	194,421	143,318	115,071	108,252	112,334	122,571	130,887	127,663	96,220	94,743	106,662	114,469	93,864	122,605	118,953	137,661	138,836	99,389	61,270	46,638	39,715	0	53,196	50,742	36,463	25,412	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	-	-	-	-
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	-	-	-	-
Accumulated Other Comprehensive Income	0	0	0	0	0	0	0	0	0	0	0	0	0	-740	-597	-876	80,557	69,652	66,549	80,549	84,833	42,140	16,975	30,871	-39,471	51,196	46,131	18,956	25,227	0	0	0	0	0	0	-	-	-	-
Additional Paid In Capital	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Capital Lease Obligations	14,231	21,924	34,577	43,825	47,996	0	0	0	0	0	0	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	98,947	98,947	98,943	98,970	98,828	98,026	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Capital Surpluse	0	0	0	0	0	0	0	0	8,870	3,804	411	0	538	78	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Cash	550,903	289,776	335,557	348,479	294,398	314,291	291,413	220,318	264,221	289,907	266,508	158,183	211,393	181,388	185,505	35,396	48,245	47,606	34,793	23,714	36,964	13,191	3,851	5,935	8,052	1,887	3,011	3,605	2,872	0	0	0	0	0	0	-	-	-	-
Cash And Equivalents	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Cash And Short Term Investments	729,394	412,713	475,684	724,088	788,533	567,590	594,124	595,998	449,498	662,449	582,284	452,836	447,837	324,759	341,670	240,152	320,923	329,908	355,842	445,083	366,776	299,997	75,802	38,912	51,620	47,879	62,751	69,672	31,368	0	0	0	0	0	0	-	-	-	-
Common Stock	98,947	98,947	98,943	98,970	98,828	98,026	97,523	95,529	90,985	88,705	81,591	79,380	76,634	74,188	72,589	-16,054	69,369	66,436	63,103	60,206	57,453	55,933	53,955	52,162	50,963	48,830	47,412	42,644	40,895	0	0	0	0	0	0	-	-	-	-
Common Stock Shares Outstanding	55,371	55,371	55,374	55,358	55,360	55,335	55,327	55,302	55,209	55,020	54,964	54,922	54,845	54,826	55,092	54,917	54,829	54,800	54,700	54,620	54,533	54,632	54,298	54,142	54,799	55,304	55,428	54,965	54,628	54,793	54,971	54,444	54,132	53,750	53,810	53,214	51,500	45,806	46,429
Common Stock Total Equity	0	98,947	98,943	98,970	98,828	98,026	97,523	95,529	90,985	88,705	81,591	79,380	76,634	74,188	0	0	69,369	66,436	63,103	60,206	57,453	55,933	53,955	52,162	50,963	48,830	47,412	42,644	40,895	0	0	0	0	0	0	-	-	-	-
Current Deferred Revenue	-8,731	42,903	153,429	178,429	128,860	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
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	-	-	-	-
Deferred Long Term Liab	0	2,000	53,569	41,132	27,964	0	22,932	9,962	0	5,333	0	445	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	-	-	-	-
Good Will	42,796	42,796	42,796	42,796	42,796	42,796	42,796	42,796	42,796	42,796	42,796	42,796	42,850	42,850	42,850	0	0	0	7,300	7,300	7,300	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Intangible Assets	8,333	9,212	10,255	11,322	10,636	15,534	20,728	25,625	31,702	35,623	41,603	47,589	53,749	60,124	66,823	0	0	0	12,500	12,500	12,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Inventory	-1,788,532	-1,339,435	-1,565,700	-1,603,581	-1,553,546	0	0	0	0	0	0	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	7,103,397	6,514,188	6,772,472	6,328,246	5,889,157	5,433,729	5,101,323	4,788,718	4,628,645	4,600,289	4,315,181	4,189,686	4,070,006	4,203,364	4,232,633	3,950,195	4,414,496	4,301,062	4,041,551	3,609,743	3,119,766	2,645,296	2,316,540	2,142,263	1,906,367	1,877,025	1,725,532	1,419,927	1,081,656	911,700	864,000	773,300	763,900	735,000	679,800	608,700	503,700	367,400	244,400
Long Term Debt	573,729	398,330	372,931	372,532	372,133	371,734	371,335	320,000	290,000	290,000	190,000	140,000	140,000	267,210	271,397	158,625	138,562	141,554	248,133	206,988	204,674	193,205	183,142	157,843	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Long Term Debt Total	0	398,330	372,931	372,532	372,133	371,734	371,335	320,000	290,000	290,000	190,000	140,000	140,000	267,210	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Long Term Investments	5,228,520	4,910,800	5,142,589	4,729,270	4,312,161	3,768,091	3,732,728	3,547,560	3,380,642	3,403,822	3,158,312	3,180,095	3,062,421	3,155,257	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	-	-	-	-
Net Debt	37,057	130,478	71,951	67,878	125,731	57,443	79,922	99,682	25,779	93	-76,508	-18,183	-71,393	85,822	85,892	123,229	90,317	93,948	108,747	101,029	87,750	115,668	125,662	101,954	83,948	76,113	71,989	71,395	22,128	25,000	15,000	33,400	16,500	19,500	22,500	-	-	-	2,800
Net Invested Capital	2,121,874	1,920,461	2,513,212	2,405,129	2,171,635	1,989,418	2,132,722	0	0	0	0	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	663,356	658,499	688,448	648,288	697,751	821,143	598,324	483,787	467,587	411,714	389,104	370,201	288,799	316,775	290,477	346,830	367,686	372,777	390,234	367,662	299,094	259,445	218,376	199,392	172,079	168,929	166,149	144,208	92,608	0	0	0	44,500	60,800	74,000	-	-	-	-
Net Tangible Assets	0	1,470,123	2,087,230	1,978,479	1,746,070	1,559,354	1,697,863	1,683,981	1,746,387	1,797,027	1,738,087	1,752,112	1,760,884	1,691,841	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Net Working Capital	1,327,038	772,001	995,007	1,177,955	1,342,966	1,273,662	532,867	586,036	440,457	661,946	570,428	445,778	447,770	299,040	314,402	65,480	2,932,855	583,732	585,938	665,608	582,764	511,133	-823,122	-763,196	-681,101	-664,892	-622,000	-489,820	-367,524	0	0	0	0	0	0	-	-	-	-
Non Current Assets Total	263,962	286,536	5,418,939	5,002,865	4,579,488	3,979,444	231,679	269,608	254,860	242,728	256,335	252,770	280,870	325,978	347,674	3,125,597	203,209	33,608	174,235	119,251	97,094	78,623	1,980,619	1,830,169	1,609,686	1,622,546	1,478,741	1,198,347	950,658	27,600	27,600	23,600	18,800	20,400	21,000	-	-	-	-
Non Current Liabilities Other	0	4,442,041	4,036,566	3,677,138	3,546,240	3,329,240	2,837,417	2,594,020	2,395,189	2,298,623	2,163,176	2,110,524	1,977,713	2,034,677	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	5,551,171	4,785,235	461,077	457,489	448,093	371,734	3,278,679	3,026,354	2,798,719	2,724,340	2,480,839	2,340,131	2,212,456	2,382,830	2,434,419	5,295	2,549,348	141,554	2,422,495	2,140,072	1,852,822	1,539,856	129,500	107,900	92,000	78,000	75,000	75,000	25,000	25,000	15,000	33,400	16,500	19,500	22,500	-	-	-	2,800
Non Currrent Assets Other	-5,214,289	-4,910,800	-53,569	-41,132	-27,964	-13,339	-3,732,728	-3,547,560	-3,380,642	-3,403,822	-3,158,312	-3,180,095	-3,062,421	-3,155,257	-3,146,857	-3,125,597	-3,573,561	-3,651,998	-3,242,712	-2,921,042	-2,539,514	-2,150,658	-1,980,619	-1,830,169	-1,609,686	-1,622,546	-1,478,741	-1,198,347	-950,658	-27,600	-27,600	-23,600	-18,800	-20,400	-21,000	-	-	-	-
Noncontrolling Interest In Consolidated Entity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Other Assets	5,508,316	5,248,829	189,401	-46,995	-176,615	65,552	4,275,520	3,923,112	3,924,287	3,695,112	3,476,562	3,484,080	3,341,299	3,552,627	3,543,289	619,842	1,275,282	3,564,769	3,270,159	2,814,761	2,428,467	2,048,886	41,743	73,790	72,982	37,671	17,891	7,700	7,022	0	0	0	700,600	653,800	584,800	-	-	-	-
Other Current Assets	1,726,901	1,247,046	1,565,700	1,603,581	1,553,546	-266,105	-124,264	-24,635	-30,966	-21,705	-56,922	157,621	-11,320	0	3,463,545	3,171,436	3,553,530	3,446,117	3,158,696	2,708,353	2,374,610	2,024,235	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Other Current Liab	-171,138	893	-169,125	-194,421	-143,318	-115,071	-46,995	-122,372	-113,530	-130,384	-115,807	-89,162	-94,676	2,141,300	2,190,300	-93,864	-119,455	-118,953	2,290,200	2,025,500	1,739,600	1,417,600	1,117,300	961,785	904,800	828,504	800,158	667,237	466,088	0	0	0	0	0	0	-	-	-	-
Other Liab	0	1,319,479	2,535,759	2,268,572	946,312	2,088,205	1,757,099	1,518,798	1,334,090	2,298,623	182,521	153,972	149,074	167,093	177,947	190,496	215,044	225,410	85,294	73,342	81,461	67,279	60,781	45,665	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Other Stockholder Equity	98,947	98,947	98,943	0	0	0	0	0	8,870	3,804	411	0	77,172	74,266	72,589	71,428	69,369	-348	63,103	60,206	57,453	55,933	15,975	28,871	-42,471	47,196	46,131	16,956	22,143	23,500	63,800	47,000	40,200	37,000	37,700	36,600	36,400	38,900	38,500
Preferred Stock Redeemable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
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	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Property Plant And Equipment Gross	0	0	0	219,477	213,895	153,023	145,223	155,910	157,131	158,976	156,716	161,940	177,760	196,505	201,862	191,777	172,357	152,260	136,779	88,645	79,286	61,619	44,448	35,208	34,221	31,901	30,493	30,060	27,464	0	0	0	0	0	0	-	-	-	-
Property Plant And Equipment Net	165,589	191,625	223,299	219,477	213,895	153,023	145,223	155,910	157,131	158,976	156,716	161,940	177,760	196,505	201,862	191,777	172,357	152,260	136,779	88,645	79,286	61,619	44,448	35,208	34,221	31,901	30,493	30,060	27,464	27,600	27,600	23,600	18,800	20,400	21,000	-	-	-	-
Property Plant Equipment	0	171,442	191,332	178,923	168,986	153,023	145,223	155,910	157,131	158,976	156,716	161,940	177,760	196,505	201,862	191,777	172,357	152,260	136,779	88,645	79,286	61,619	44,448	35,208	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Retained Earnings	1,449,198	1,423,184	2,041,338	1,933,627	1,700,674	1,519,658	1,663,864	1,656,873	1,721,030	1,782,937	1,740,484	1,763,117	1,780,311	1,721,289	1,698,954	1,423,499	1,712,072	1,588,042	1,478,185	1,318,793	1,113,217	1,000,713	999,781	951,872	901,099	821,349	706,049	581,622	502,150	433,700	386,500	306,700	237,000	182,400	138,900	110,800	86,200	69,000	55,300
Retained Earnings Total Equity	0	1,423,184	2,041,338	1,933,627	1,700,674	1,519,658	1,663,864	1,656,873	1,721,030	1,782,937	1,740,484	1,763,117	1,780,311	1,721,289	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	372,535	20,000	301,525	294,025	0	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	587,960	420,254	407,508	416,357	420,129	371,734	371,335	320,000	290,000	290,000	190,000	140,000	140,000	267,210	271,397	158,625	138,562	141,554	143,540	124,743	124,714	128,859	129,513	107,889	92,000	78,000	75,000	75,000	25,000	25,000	15,000	33,400	16,500	19,500	22,500	-	-	-	2,800
Short Term Debt	8,731	11,340	15,696	15,992	14,458	0	372,535	20,000	301,525	294,025	0	0	0	0	0	139,276	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Short Term Investments	178,491	122,937	140,127	375,609	494,135	253,299	302,711	375,680	185,277	372,542	315,776	294,653	236,444	143,371	156,165	204,756	272,678	282,302	321,049	421,369	329,812	286,806	71,951	32,977	43,568	45,992	59,740	66,067	28,496	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	-	-	-	-
Total Assets	7,103,397	6,514,188	6,772,472	6,328,246	5,889,157	5,433,729	5,101,323	4,788,718	4,628,645	4,600,289	4,315,181	4,189,686	4,070,006	4,203,364	4,232,633	3,950,195	4,414,496	4,301,062	4,041,551	3,609,743	3,119,766	2,645,296	2,316,540	2,142,263	1,906,367	1,877,025	1,725,532	1,419,927	1,081,656	911,700	864,000	773,300	763,900	735,000	679,800	608,700	503,700	367,400	244,400
Total Current Assets	1,331,119	978,823	1,164,132	1,372,376	1,486,284	1,388,733	594,124	595,998	449,498	662,449	582,284	452,836	447,837	324,759	341,670	204,756	2,936,005	702,685	597,157	675,731	594,205	517,787	294,178	238,304	223,699	216,808	228,900	213,880	123,976	0	0	0	44,500	60,800	74,000	-	-	-	-
Total Current Liabilities	4,081	206,822	169,125	194,421	143,318	115,071	61,257	9,962	9,041	503	11,856	7,058	67	25,719	27,268	139,276	3,150	118,953	11,219	10,123	11,441	6,654	1,117,300	1,001,500	904,800	881,700	850,900	703,700	491,500	0	0	0	0	0	0	-	-	-	-
Total Liab	5,555,252	4,992,057	4,632,191	4,295,649	4,089,655	3,816,045	3,339,936	3,036,316	2,807,760	2,724,843	2,492,695	2,347,189	2,212,523	2,408,549	2,461,687	2,456,144	2,552,498	2,576,932	2,433,714	2,150,195	1,864,263	1,546,510	1,246,829	1,109,358	996,776	959,650	925,940	778,705	516,468	25,000	15,000	33,400	16,500	19,500	22,500	-	-	-	2,800
Total Permanent Equity	0	0	0	0	0	0	1,761,387	1,752,402	0	0	0	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	1,548,145	1,522,131	2,140,281	2,032,597	1,799,502	1,617,684	1,761,387	1,752,402	1,820,885	1,875,446	1,822,486	1,842,497	1,857,483	1,794,815	1,770,946	1,494,051	1,861,998	1,724,130	1,607,837	1,459,548	1,255,503	1,098,786	1,069,711	1,032,905	909,591	917,375	799,592	641,222	565,188	457,200	450,300	353,700	277,200	219,400	176,600	147,400	122,600	107,900	93,800
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	-	-	-	-
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	-	-	-	-

	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31	1999-09-30	1999-06-30	1999-03-31	1998-12-31	1998-09-30	1998-06-30	1998-03-31	1997-12-31	1997-09-30	1997-06-30	1997-03-31	1996-12-31	1996-09-30	1996-06-30	1996-03-31	1995-12-31	1995-09-30	1995-06-30	1995-03-31	1994-12-31	1994-09-30	1994-06-30	1994-03-31	1993-12-31	1993-09-30	1993-06-30	1993-03-31	1992-12-31	1992-09-30	1992-06-30	1992-03-31	1991-12-31	1991-09-30	1991-06-30	1991-03-31	1990-12-31	1990-09-30	1990-06-30	1990-03-31	1989-12-31	1989-09-30	1989-06-30	1989-03-31	1988-12-31	1988-09-30	1988-06-30	1988-03-31	1987-12-31	1987-09-30	1987-06-30	1987-03-31	1986-12-31	1986-09-30	1986-06-30	1986-03-31	1985-12-31	1985-09-30
Accounts Payable	175,219	166,750	165,331	151,413	151,686	155,441	165,922	175,406	169,125	182,138	195,973	191,121	194,421	180,312	190,204	150,307	143,318	156,276	147,424	137,258	115,071	138,643	133,293	132,223	108,252	130,825	121,195	124,488	112,334	119,508	115,561	116,765	122,571	139,345	128,291	118,561	130,887	141,897	120,839	112,146	127,663	133,973	116,561	113,090	96,220	100,180	100,158	99,420	94,743	105,855	108,511	98,026	106,662	138,482	128,757	118,250	114,469	133,954	118,766	116,094	93,864	129,232	119,402	126,255	122,605	127,071	122,013	91,715	118,953	156,533	139,473	66,903	242,254	127,302	134,584	119,251	221,081	143,169	116,050	100,994	179,349	93,373	76,652	62,209	125,616	61,488	52,806	47,573	100,267	51,221	44,612	41,223	39,715	54,992	95,482	47,022	0	0	0	0	53,196	0	0	50,742	50,742	0	0	0	36,463	0	0	0	25,412	0	0	0	0	0	0	0	0	0	0	0	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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accumulated Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accumulated Other Comprehensive Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-539	-631	-647	-740	-870	-797	-696	-597	-672	-550	-868	-876	54	175	-289	80,557	80,726	59,770	78,987	69,652	63,682	45,383	55,079	66,549	79,788	83,877	67,363	80,549	77,736	44,546	92,117	84,833	71,723	88,622	51,764	42,140	38,688	28,556	3,908	16,975	36,352	32,964	33,175	30,871	-1,841	-22,879	-22,678	-39,471	0	0	0	51,196	0	0	0	46,131	0	0	0	18,956	0	0	0	25,227	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Additional Paid In Capital	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	14,231	19,047	20,114	19,383	21,924	26,366	29,799	31,991	34,577	36,843	39,874	42,038	43,825	44,558	46,636	48,238	47,996	48,699	47,091	43,439	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	98,947	98,947	98,947	98,947	98,947	98,947	98,947	98,947	98,943	98,908	98,872	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	3,147	3,311	3,311	8,870	6,644	6,129	4,812	3,804	3,046	1,410	774	411	128	0	0	0	635	285	538	538	352	166	78	78	285	36	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	550,903	453,936	357,723	270,380	289,776	335,886	290,002	295,764	335,557	341,606	378,615	338,430	348,479	322,129	262,153	252,836	294,398	315,370	240,320	270,105	314,291	261,680	243,751	290,070	291,413	284,639	261,425	236,584	220,318	229,857	233,281	235,109	264,221	295,184	274,782	234,576	289,907	279,681	258,473	238,832	266,508	250,061	180,331	185,042	158,183	188,174	160,487	204,701	211,393	209,763	305,057	334,290	181,388	174,794	219,466	242,511	185,505	204,194	194,710	178,844	35,396	33,761	43,239	50,559	48,245	47,920	42,220	46,275	47,606	62,102	38,333	39,803	34,793	34,201	36,552	29,834	23,714	31,929	41,526	51,220	36,964	19,408	18,229	14,191	13,191	18,386	15,712	8,439	3,851	5,102	7,126	4,869	5,935	6,216	3,510	5,474	8,052	7,900	3,500	4,200	1,887	3,500	4,900	6,900	3,011	4,800	5,800	6,300	3,605	3,100	4,300	4,100	2,872	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 Equivalents	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	729,394	665,714	547,714	417,220	412,713	436,507	462,132	429,684	475,684	535,227	787,086	886,534	724,088	575,971	597,787	490,356	788,533	736,944	602,517	637,456	567,590	524,486	514,335	535,268	594,124	651,041	541,470	497,289	595,998	436,708	414,585	390,294	449,498	458,019	428,330	408,180	662,449	571,006	487,885	542,392	582,284	501,510	345,851	337,123	452,836	409,257	339,813	431,897	447,837	458,620	443,728	445,908	324,759	337,023	323,206	376,766	341,670	330,366	94,557	272,929	240,152	250	262,123	303,044	320,923	379,920	325,793	290,713	329,908	351,126	347,864	373,585	355,842	567,973	480,336	485,998	445,083	424,146	344,060	338,769	366,776	412,822	269,414	330,648	299,997	340,669	126,289	106,516	75,802	104,126	70,879	50,058	38,912	59,538	50,372	46,833	51,620	7,900	3,500	4,200	47,879	3,500	4,900	6,900	62,751	4,800	5,800	6,300	69,672	3,100	4,300	4,100	31,368	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Stock	98,947	98,947	98,947	98,947	98,947	98,947	98,947	98,947	98,943	98,908	98,872	98,837	98,970	98,934	98,898	98,863	98,828	98,683	98,647	98,495	98,026	97,967	97,586	97,546	97,523	97,523	96,565	96,544	95,529	94,937	94,006	93,971	90,985	91,028	90,993	90,105	88,705	83,666	81,784	81,710	81,591	81,109	80,857	79,409	79,380	79,063	79,016	77,833	76,634	75,370	75,086	74,822	74,188	73,859	73,466	72,994	72,589	72,248	72,030	71,827	-16,054	71,111	70,250	69,538	69,369	69,006	68,732	67,062	66,436	66,352	65,781	64,451	63,103	62,646	61,666	61,041	60,206	59,502	58,991	58,091	57,453	57,106	57,014	56,732	55,933	55,689	55,606	54,563	53,955	52,540	52,342	52,209	52,162	50,701	50,799	50,582	50,963	0	0	0	48,830	0	0	47,412	47,412	0	0	0	42,644	0	0	0	40,895	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Stock Shares Outstanding	55,371	55,371	55,371	55,371	55,371	55,371	55,371	55,371	55,374	55,375	55,376	55,372	55,358	55,358	55,358	55,358	55,361	55,366	55,363	55,348	55,340	55,341	55,335	55,335	55,340	55,334	55,323	55,312	55,349	55,328	55,322	55,208	55,322	55,178	55,179	55,159	55,139	55,014	54,989	54,986	54,977	54,973	54,941	54,935	54,914	54,925	54,895	54,908	54,877	54,826	54,837	54,831	54,809	54,817	54,833	54,805	54,783	55,313	55,320	55,091	54,767	55,062	54,997	54,750	56,586	54,851	54,848	54,957	54,462	54,582	54,800	54,809	54,809	54,898	54,520	54,931	54,436	54,730	54,639	54,616	54,616	54,522	54,215	54,686	54,686	54,471	65,050	54,630	54,630	54,331	54,010	54,907	53,713	53,767	54,171	54,433	54,433	54,314	55,000	54,795	54,795	55,200	55,889	55,269	55,269	55,135	55,231	55,000	55,000	54,717	55,417	54,634	54,750	54,783	54,634	54,412	54,333	54,333	54,375	53,939	55,000	55,000	53,830	50,222	53,750	53,750	53,333	53,529	54,063	54,063	53,548	53,214	53,913	53,913	53,478	52,667	52,609	52,609	52,000	52,000	51,875	51,875	54,444	53,000	50,000	50,000	53,529	50,000	53,529	53,529	54,545	51,667	41,250	41,250
Common Stock Total Equity	0	0	98,947	98,947	98,947	98,947	98,947	98,947	98,943	98,908	98,872	98,837	98,970	98,934	98,898	98,863	98,828	98,683	98,647	98,495	98,026	97,967	97,586	97,546	97,523	97,523	96,565	96,544	95,529	94,937	94,006	93,971	90,985	91,028	90,993	90,105	88,705	83,666	81,784	81,710	81,591	81,109	80,857	79,409	79,380	79,063	79,016	77,833	76,634	75,370	75,086	74,822	74,188	73,859	73,466	0	0	0	0	0	0	0	0	69,538	69,369	69,006	68,732	67,062	66,436	66,352	65,781	64,451	63,103	62,646	61,666	61,041	60,206	59,502	58,991	58,091	57,453	57,106	57,014	56,732	55,933	55,689	55,606	54,563	53,955	52,540	52,342	52,209	52,162	50,701	50,799	50,582	50,963	0	0	0	48,830	0	47,412	47,412	47,412	0	0	0	42,644	0	0	0	40,895	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current Deferred Revenue	-8,731	0	0	0	42,903	65,705	39,071	0	53,569	0	0	0	41,132	0	0	0	27,964	0	0	0	13,339	0	0	0	22,932	0	0	0	45,277	0	0	0	23,231	0	0	0	5,333	0	0	0	15,220	0	0	0	445	0	0	0	6,511	0	0	0	26,499	0	0	0	36,139	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	17,004	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred Long Term Asset Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred Long Term Liab	0	700	0	800	2,000	200	200	7,969	53,569	39,524	5,200	42,747	41,132	19,996	9,131	5,500	27,964	21,068	15,654	6,166	0	7,146	8,807	7,251	22,932	13,173	12,706	8,646	9,962	2,748	0	0	0	0	0	0	5,333	5,306	12,962	2,318	0	0	0	12,755	445	17,014	1,002	9,915	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earning Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Good Will	42,796	42,796	42,796	42,796	42,796	42,796	42,796	42,796	42,796	42,796	42,796	42,796	42,796	42,796	42,796	42,796	42,796	42,796	42,796	42,796	42,796	42,796	42,796	42,796	42,796	42,796	42,796	42,796	42,796	42,796	42,796	42,796	42,796	42,796	42,796	42,796	42,796	42,796	42,796	42,796	42,796	42,796	42,796	42,796	42,796	42,850	42,850	42,850	42,850	42,850	42,850	42,850	42,850	42,850	42,850	42,850	42,850	42,850	42,850	42,850	0	0	0	0	0	0	0	0	0	0	0	0	7,300	0	0	0	7,300	0	0	0	7,300	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	8,333	8,553	8,772	8,992	9,212	9,455	9,722	9,988	10,255	10,522	10,788	11,055	11,322	9,939	10,164	10,400	10,636	11,903	13,170	14,437	15,534	16,901	18,256	19,622	20,728	21,611	22,949	24,287	25,625	27,144	28,663	30,182	31,702	32,538	34,033	35,528	35,623	37,118	38,613	40,108	41,603	43,098	44,593	46,090	47,589	49,105	50,653	52,201	53,749	55,298	56,870	58,486	60,124	61,715	63,418	65,120	66,823	68,526	70,229	71,482	0	0	0	0	0	0	0	0	0	0	0	0	12,500	0	0	0	12,500	0	0	0	12,500	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	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Inventory	-1,788,532	-1,557,268	-1,426,502	-1,265,008	-1,339,435	-1,182,643	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	7,103,397	6,922,238	6,690,640	6,589,357	6,514,188	6,454,661	6,499,665	6,667,116	6,772,472	6,754,373	6,696,948	6,554,154	6,328,246	6,145,788	5,916,737	5,716,898	5,889,157	5,873,242	5,716,518	5,606,720	5,433,729	5,313,037	5,204,471	5,132,787	5,101,323	5,025,599	4,938,983	4,863,989	4,788,718	4,801,272	4,722,048	4,692,063	4,628,645	4,646,579	4,586,484	4,618,057	4,600,289	4,609,006	4,562,400	4,476,119	4,315,181	4,340,456	4,231,820	4,272,166	4,189,686	4,210,910	4,120,433	4,136,779	4,070,006	4,096,617	4,246,515	4,208,575	4,203,364	4,260,496	4,181,870	4,237,508	4,232,633	4,273,847	4,141,871	4,131,962	3,950,195	4,150	4,310,784	4,344,058	4,414,496	4,477,830	4,370,923	4,372,742	4,301,062	4,310,117	4,180,461	4,136,945	4,041,551	4,016,832	3,853,919	3,756,149	3,609,743	3,553,279	3,338,740	3,258,639	3,119,766	3,003,111	2,887,841	2,751,678	2,645,296	2,576,759	2,451,120	2,387,234	2,316,540	2,329,045	2,209,044	2,169,915	2,142,263	2,108,001	1,990,393	1,959,213	1,906,367	1,919,200	1,921,700	1,909,500	1,877,025	1,869,100	1,842,200	1,793,000	1,725,532	1,660,000	1,556,600	1,470,600	1,419,927	1,197,600	1,129,800	994,200	1,081,656	1,037,000	0	961,900	911,700	886,600	866,100	862,800	864,000	833,000	808,400	804,700	773,300	768,300	787,200	779,100	763,900	761,100	749,100	752,200	735,000	726,700	705,300	702,500	679,800	-	-	-	608,700	-	-	-	503,700	-	-	-	367,400	-	-	-	244,400	-
Long Term Debt	573,729	573,629	448,529	448,430	398,330	373,230	373,130	373,031	372,931	372,831	372,732	372,632	372,532	372,432	372,333	372,233	372,133	372,034	371,934	371,834	371,734	371,635	371,535	371,435	371,335	371,236	371,136	371,044	320,000	290,000	290,000	290,000	290,000	290,000	290,000	290,000	290,000	290,000	270,000	270,000	190,000	180,000	140,000	140,000	140,000	140,000	140,000	140,000	140,000	138,000	263,896	265,592	267,210	268,991	269,964	270,915	271,397	272,690	273,426	275,888	158,625	154,956	154,067	160,118	138,562	130,980	127,913	140,808	141,554	141,961	138,744	140,743	143,540	136,016	136,008	136,001	124,743	124,736	124,729	124,721	124,714	124,708	124,701	128,938	128,859	128,781	129,691	129,602	129,513	130,423	107,672	107,578	5,889	112,889	95,000	95,000	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	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long Term Debt Total	0	573,629	448,529	448,430	398,330	373,230	373,130	373,031	372,931	372,831	372,732	372,632	372,532	372,432	372,333	372,233	372,133	372,034	371,934	371,834	371,734	371,635	371,535	371,435	371,335	371,236	371,136	371,044	320,000	290,000	290,000	290,000	290,000	290,000	290,000	290,000	290,000	290,000	270,000	270,000	190,000	180,000	140,000	140,000	140,000	140,000	140,000	140,000	140,000	138,000	263,896	265,592	267,210	268,991	269,964	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	5,228,520	4,997,428	4,955,185	4,975,032	4,910,800	4,682,815	4,833,616	5,039,614	5,142,589	5,074,754	5,040,804	4,946,202	4,729,270	4,548,796	4,402,159	3,299,873	4,312,161	4,218,148	4,165,002	4,061,224	3,768,091	3,904,064	3,834,156	3,724,116	3,732,728	3,727,332	3,659,158	3,600,498	3,547,560	3,554,236	3,487,837	3,433,315	3,380,642	3,348,386	3,359,767	3,443,363	3,403,822	3,407,703	3,389,582	3,316,704	3,158,312	3,126,330	3,176,297	3,204,757	3,180,095	3,160,613	3,113,130	3,119,246	3,062,421	3,037,561	3,117,602	3,025,854	3,155,257	3,223,482	3,081,104	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Negative Goodwill	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Debt	37,057	138,740	110,920	197,433	130,478	63,710	112,927	109,258	71,951	68,068	33,991	76,240	67,878	94,861	156,816	167,635	125,731	105,363	178,705	145,168	57,443	109,955	127,784	81,365	79,922	86,597	109,711	134,460	99,682	60,143	56,719	54,891	25,779	-5,184	15,218	55,424	93	10,319	11,527	31,168	-76,508	-70,061	-40,331	-45,042	-18,183	-48,174	-20,487	-64,701	-71,393	-71,763	-41,161	-68,698	85,822	94,197	50,498	28,404	85,892	68,496	78,716	97,044	123,229	-33,606	110,828	109,559	90,317	83,060	85,693	94,533	93,948	79,859	100,411	100,940	108,747	101,815	99,456	106,167	101,029	92,807	83,203	73,501	87,750	105,300	106,472	114,747	115,668	110,395	113,979	121,163	125,662	125,321	100,546	102,709	101,954	106,673	91,490	89,526	83,948	70,100	74,500	73,800	76,113	71,500	70,100	68,100	71,989	70,200	69,200	68,700	71,395	45,400	42,400	25,000	22,128	25,000	0	25,000	25,000	31,000	36,400	20,000	15,000	28,600	15,000	15,000	33,400	33,300	33,500	15,800	16,500	17,300	18,000	18,800	19,500	20,300	21,000	21,800	22,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,800	-
Net Invested Capital	2,121,874	1,947,961	1,848,669	448,430	1,920,461	1,919,711	2,035,495	2,281,238	2,513,212	2,517,764	2,551,363	2,477,069	2,405,129	2,273,264	2,189,148	1,995,677	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	663,356	739,740	717,973	695,202	658,499	722,551	712,797	714,376	688,448	715,202	679,341	676,998	648,288	672,479	661,215	701,377	697,751	752,103	742,765	727,844	821,143	644,512	633,124	631,494	598,324	503,909	488,042	501,424	483,787	496,877	493,168	498,820	467,587	475,090	442,349	441,884	411,714	417,900	405,850	413,971	389,104	391,217	373,907	384,609	370,201	371,145	350,569	355,124	300,119	308,387	298,293	312,282	316,775	306,060	296,435	342,773	317,745	339,044	291,757	320,052	346,830	334,524	353,588	376,327	367,686	393,943	380,150	393,863	372,777	399,596	400,445	408,181	390,234	385,196	365,096	360,859	367,662	356,280	331,951	317,619	299,094	295,421	277,899	266,694	259,445	247,479	237,460	228,493	218,376	217,429	201,659	197,987	199,392	201,643	174,784	178,903	172,079	0	0	0	168,929	110,700	103,600	166,149	166,149	123,100	0	0	144,208	0	0	0	92,608	0	0	0	0	0	0	0	0	0	0	0	0	0	0	60,600	44,500	61,600	59,700	61,900	60,800	64,700	63,900	70,600	74,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Tangible Assets	0	1,322,983	1,348,572	1,407,475	1,470,123	1,494,230	1,609,847	1,855,423	2,087,230	2,091,615	2,125,046	2,050,586	1,978,479	1,848,097	1,763,855	1,570,248	1,746,070	1,747,845	1,711,996	1,662,061	1,559,354	1,674,533	1,648,806	1,621,803	1,697,863	1,711,784	1,697,447	1,678,886	1,683,981	1,745,517	1,750,569	1,734,400	1,746,387	1,754,165	1,770,914	1,791,640	1,797,027	1,844,726	1,842,254	1,778,902	1,738,087	1,754,261	1,746,479	1,786,460	1,752,112	1,801,878	1,767,228	1,803,509	1,760,884	1,711,339	1,745,882	1,719,541	1,691,841	1,746,526	1,679,736	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	1,327,038	1,210,188	1,042,805	902,294	772,001	1,003,617	1,009,007	968,654	995,007	1,172,406	1,402,167	1,468,307	1,261,600	1,190,661	1,193,679	1,108,174	752,927	723,679	584,307	610,405	515,366	497,474	462,480	472,605	509,935	637,868	528,764	488,643	540,759	433,960	404,513	378,387	417,226	446,104	421,262	405,363	656,613	563,214	463,409	537,431	555,208	475,186	343,456	332,397	445,333	396,531	318,373	426,605	441,259	443,050	427,865	440,616	272,541	332,931	317,742	374,571	278,263	323,253	279,691	264,828	65,480	270,116	258,067	280,353	2,932,855	449,367	2,914,043	2,947,416	583,732	591,839	601,788	585,160	585,938	799,333	702,359	695,477	665,608	628,051	508,326	530,042	582,764	655,549	514,587	535,370	263,148	1,174,099	1,164,286	-852,491	-823,122	-797,445	-770,662	-768,455	-763,196	-748,419	-720,444	-701,964	-681,101	-910,900	-906,400	-890,600	-664,892	-780,300	-774,500	-869,300	-622,000	-710,900	-776,400	-733,100	-489,820	-557,600	-518,300	-508,900	-367,524	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 Assets Total	263,962	303,063	295,184	284,392	286,536	4,948,429	5,102,686	5,312,363	5,418,939	349,657	364,940	355,918	273,595	333,288	323,949	342,536	267,327	338,594	325,793	303,957	211,353	216,562	218,073	215,522	208,747	239,224	255,356	263,991	224,331	239,191	233,857	250,027	231,629	253,910	248,360	235,639	237,395	245,354	251,799	241,176	241,115	266,798	259,962	259,925	252,325	274,138	263,201	277,388	274,359	323,636	307,304	320,280	299,479	320,641	351,039	341,485	311,535	375,910	435,054	475,923	2,742,110	281,953	191,653	194,636	203,209	198,702	186,146	194,145	33,608	186,805	170,292	174,356	174,235	168,500	164,556	148,831	119,251	104,500	86,592	105,628	97,094	86,240	84,344	77,051	61,619	48,460	46,534	2,021,197	1,980,619	1,996,033	1,892,334	1,859,420	1,830,169	1,782,039	1,703,609	1,666,007	1,609,686	33,900	33,900	33,400	1,622,546	30,200	29,900	30,200	1,478,741	31,300	30,800	30,300	1,198,347	29,200	28,400	28,500	950,658	28,000	0	27,800	27,600	27,400	27,800	27,600	27,600	26,700	25,600	23,700	23,600	18,000	18,200	18,500	18,800	19,100	19,500	19,900	20,400	20,500	20,600	20,800	21,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non Current Liabilities Other	0	0	4,676,640	4,530,251	4,442,041	4,379,509	4,298,248	4,202,503	4,036,566	4,014,947	3,896,996	3,808,979	3,677,138	3,665,815	3,521,401	3,565,404	3,546,240	3,521,320	3,413,544	3,372,168	3,329,240	3,061,383	2,980,978	2,937,657	2,837,417	2,734,174	2,670,754	2,613,842	2,594,020	2,573,559	2,494,459	2,477,920	2,395,189	2,387,735	2,320,450	2,339,532	2,298,623	2,239,371	2,210,460	2,224,888	2,163,176	2,160,004	2,138,996	2,126,249	2,110,524	2,059,883	2,018,542	1,983,592	1,977,713	2,027,705	2,012,643	2,024,080	2,034,677	2,001,932	1,997,145	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	5,551,171	5,472,627	5,200,374	5,052,143	4,785,235	155,441	165,922	175,406	169,125	4,599,020	4,517,694	4,415,479	4,244,091	4,238,555	4,093,069	4,087,944	4,054,049	4,057,433	3,930,346	3,860,375	3,763,821	3,551,795	3,442,758	3,385,903	3,255,747	3,236,235	3,163,085	3,109,374	2,981,077	2,983,067	2,889,948	2,872,778	2,775,488	2,805,165	2,731,673	2,745,276	2,719,007	2,676,574	2,614,261	2,609,352	2,465,619	2,473,977	2,395,557	2,392,094	2,339,686	2,304,351	2,238,262	2,232,927	2,205,945	2,271,560	2,385,050	2,382,406	2,356,331	2,405,313	2,390,402	2,435,188	2,398,280	2,498,121	2,489,749	2,564,517	5,295	2,442,317	2,440,400	2,495,194	2,549,348	2,616,473	2,569,751	2,578,409	141,554	2,615,353	2,545,345	2,477,723	2,422,495	2,402,950	2,301,408	2,254,525	2,140,072	2,137,350	1,988,901	1,922,292	1,852,822	1,782,887	1,679,928	1,608,143	1,522,852	128,800	129,700	129,600	129,500	130,400	107,700	107,600	107,900	112,900	95,000	95,000	92,000	78,000	78,000	78,000	78,000	75,000	75,000	75,000	75,000	75,000	75,000	75,000	75,000	25,000	25,000	25,000	25,000	25,000	0	25,000	25,000	15,000	31,400	15,000	15,000	15,000	15,000	15,000	33,400	15,000	15,000	15,800	16,500	17,300	18,000	18,800	19,500	20,300	21,000	21,800	22,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,800	-
Non Currrent Assets Other	-5,214,289	-4,978,381	-4,935,071	-4,955,649	-4,910,800	-65,705	-39,071	-7,969	-5,418,939	-5,037,911	-5,000,929	-4,904,164	-4,729,270	-4,504,238	-4,355,523	-4,108,839	-4,312,161	-4,169,449	-4,117,911	-4,017,785	-3,768,091	-3,904,064	-3,834,156	-3,724,116	-3,732,728	-3,727,332	-3,659,158	-3,600,498	-3,547,560	-3,554,236	-3,487,837	-3,433,315	-3,380,642	-3,348,386	-3,359,767	-3,443,363	-3,403,822	-3,407,703	-3,389,582	-3,316,704	-3,158,312	-3,126,330	-3,176,297	-3,204,757	-3,180,095	-3,160,613	-3,113,130	-3,119,246	-3,062,421	-3,037,561	-3,117,602	-3,025,854	-3,155,257	-3,223,482	-3,081,104	-3,116,141	-3,146,857	-3,142,707	-2,978,182	-2,905,217	-383,487	-3,218	-3,484,055	-3,474,062	-3,573,561	-3,604,457	-3,536,425	-3,536,031	-3,651,998	-3,472,815	-3,376,319	-3,321,281	-3,242,712	-3,253,359	-3,114,910	-3,040,571	-2,921,042	-2,886,352	-2,699,390	-2,631,800	-2,539,514	-2,448,566	-2,369,052	-2,244,298	-2,150,658	-2,118,285	-1,994,941	-2,021,197	-1,980,619	-1,996,033	-1,892,334	-1,859,420	-1,830,169	-1,782,039	-1,703,609	-1,666,007	-1,609,686	-33,900	-33,900	-33,400	-1,622,546	-30,200	-29,900	-30,200	-1,478,741	-31,300	-30,800	-30,300	-1,198,347	-29,200	-28,400	-28,500	-950,658	-28,000	0	-27,800	-27,600	-27,400	-27,800	-27,600	-27,600	-26,700	-25,600	-23,700	-23,600	-18,000	-18,200	-18,500	-18,800	-19,100	-19,500	-19,900	-20,400	-20,500	-20,600	-20,800	-21,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Noncontrolling Interest In Consolidated Entity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Assets	5,508,316	5,333,708	5,262,525	5,324,720	5,248,829	347,174	222,050	210,693	189,401	5,221,890	4,929,218	4,695,691	4,741,493	4,615,438	4,392,256	4,260,678	4,833,297	4,797,704	4,788,208	4,665,307	4,654,786	4,571,989	4,472,063	4,381,997	4,298,452	4,135,334	4,142,157	4,102,709	3,968,389	4,125,373	4,073,606	4,051,742	3,947,518	3,934,650	3,909,794	3,974,238	3,700,445	3,792,646	3,822,716	3,692,551	3,491,782	3,572,148	3,626,007	3,675,118	3,484,525	3,527,515	3,517,419	3,427,494	3,347,810	3,314,361	3,495,483	3,442,387	3,579,126	3,602,832	3,507,625	3,519,257	3,579,428	3,567,571	3,417,550	3,383,110	1,003,329	-561,080	3,857,008	3,846,378	1,275,282	3,814,076	1,259,181	1,202,958	3,564,769	3,530,895	3,406,602	3,348,343	3,270,159	3,032,999	2,985,942	2,894,386	2,814,761	2,806,871	2,717,387	2,598,720	2,428,467	2,251,876	2,276,923	2,129,091	2,296,871	1,940,151	2,040,837	31,028	41,743	11,457	44,172	62,450	73,790	64,781	61,628	67,470	72,982	1,877,400	1,884,300	1,871,900	37,671	1,724,700	1,703,800	1,755,900	17,891	1,500,800	1,520,000	1,434,000	7,700	1,165,300	1,097,100	1,071,100	7,022	0	0	0	0	0	0	0	0	0	0	0	0	0	0	700,000	700,600	680,400	669,900	670,400	653,800	641,500	620,800	611,100	584,800	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Current Assets	1,726,901	1,437,281	1,293,746	1,132,831	1,247,046	1,182,643	-79,525	78,486	189,401	155,900	-82,732	-226,713	-46,995	79,808	-12,606	-78,049	137,736	113,294	133,177	-147,881	-266,105	-86,508	-105,844	-122,317	-124,264	-18,041	-18,961	-23,079	-24,635	-22,291	-33,091	-33,083	-30,966	-33,029	-28,479	-24,561	-21,705	182,974	204,668	54,904	-56,922	66,519	-17,846	-16,306	157,621	-24,828	-33,131	-11,565	-11,320	-10,203	-11,287	-15,961	0	0	-296,435	3,447,984	3,463,545	3,531,229	3,447,768	3,225,974	3,171,436	3,342,972	3,506,569	3,474,393	3,553,530	3,538,021	3,499,192	3,525,606	3,446,117	3,418,707	3,295,208	3,218,059	3,158,696	2,937,484	2,883,976	2,790,094	2,708,353	2,687,378	2,579,179	2,520,977	2,374,610	2,217,799	2,269,019	2,087,080	2,024,235	1,940,151	2,040,837	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Current Liab	-171,138	-291,471	-150,205	-73,462	893	-65,705	-39,071	-175,406	-169,125	-171,718	-195,350	-156,883	-183,995	-173,911	-183,351	-144,797	-135,676	-143,011	-129,214	-110,207	-76,186	-111,631	-81,438	-69,560	-46,995	-117,652	-108,489	-115,842	-122,372	-116,760	-105,489	-104,858	-113,530	-127,430	-121,223	-115,744	-130,384	-134,105	-96,363	-107,185	-115,807	-107,649	-114,166	-108,364	-89,162	-87,454	-78,718	-94,128	-94,676	-90,285	-92,648	2,122,100	25,719	2,140,400	2,125,900	2,166,500	27,268	-126,841	-109,190	2,296,700	-93,864	-116,226	-115,346	-103,564	-119,455	-111,386	-110,460	-63,492	-118,953	2,473,900	-137,694	-37,817	2,299,500	-111,302	-133,522	-101,796	2,025,500	-129,312	-89,615	-76,745	1,739,600	-83,927	-64,665	-52,043	6,654	1,292,712	1,187,494	1,139,927	1,117,300	1,067,779	998,588	975,277	961,785	954,608	945,600	880,678	904,800	918,800	909,900	894,800	828,504	894,500	883,000	876,200	800,158	838,800	782,200	739,400	667,237	560,700	522,600	513,000	466,088	0	0	0	0	-16,000	-5,000	-5,000	0	-13,600	0	0	0	-18,300	-18,500	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Liab	0	3,039,414	0	2,958,958	1,319,479	2,717,515	2,670,387	2,609,726	2,535,759	2,471,858	2,438,447	2,369,254	2,268,572	2,207,348	2,091,880	2,129,209	946,312	2,108,320	2,064,985	2,058,206	904,387	1,826,203	1,796,846	1,793,258	2,837,417	2,734,174	2,670,754	2,613,842	2,594,020	2,573,559	2,494,459	2,477,920	2,395,189	2,387,735	2,320,450	2,339,532	2,298,623	2,239,371	2,210,460	2,224,888	2,163,176	2,160,004	2,138,996	2,126,249	2,110,524	2,059,883	2,018,542	1,983,592	1,977,713	2,027,705	2,012,643	2,024,080	2,034,677	2,001,932	1,997,145	2,048,218	2,075,821	2,091,477	2,097,557	2,180,636	2,203,655	2,171,290	2,163,782	2,208,821	2,254,179	2,309,981	2,287,914	2,286,078	2,246,335	2,271,320	2,232,001	2,058,304	2,010,464	1,985,816	1,903,594	1,879,876	1,763,642	1,760,197	1,663,676	1,593,019	1,530,951	1,480,455	1,394,020	1,348,580	1,285,381	1,223,336	1,119,966	1,076,518	1,012,682	992,645	936,049	908,051	899,993	903,297	850,081	829,694	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Stockholder Equity	98,947	0	0	0	98,947	0	0	0	98,943	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	3,147	3,311	3,311	8,870	6,644	6,129	4,812	3,804	3,046	1,410	774	411	128	0	0	0	635	285	538	77,172	75,722	75,252	74,900	74,266	74,144	73,502	73,012	72,589	72,248	72,030	71,827	71,428	71,111	70,250	-289	69,369	-274	-230	67,062	-348	-318	383	64,451	63,103	62,646	61,666	61,041	60,206	77,736	44,546	58,091	57,453	71,723	88,622	51,764	98,073	38,438	28,056	3,158	15,975	35,102	31,464	31,425	28,871	-4,091	-25,379	-25,428	-42,471	36,600	62,400	86,800	47,196	100,300	95,700	94,000	46,131	81,000	67,000	51,700	16,956	52,000	44,700	49,100	22,143	50,700	0	44,900	23,500	32,700	36,600	40,700	63,800	52,800	49,600	50,600	47,000	47,100	40,600	39,800	40,200	39,800	38,900	38,500	37,000	35,400	36,400	36,600	37,700	-	-	-	36,600	-	-	-	36,400	-	-	-	38,900	-	-	-	38,500	-
Preferred Stock Redeemable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred Stock Total Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property Plant And Equipment Gross	0	0	0	0	0	0	0	0	0	0	218,865	217,282	219,477	215,999	215,222	214,413	213,895	214,128	207,082	197,119	153,023	149,719	148,214	145,853	145,223	144,478	155,264	155,515	155,910	155,730	157,164	158,412	157,131	157,605	157,455	156,989	158,976	160,134	157,428	155,954	156,716	154,467	154,884	158,284	161,940	165,169	168,696	172,422	177,760	179,977	185,075	190,325	196,505	197,165	200,999	201,091	201,862	200,930	201,987	198,675	191,777	189,477	188,504	190,294	172,357	165,946	165,788	162,560	152,260	140,688	136,944	137,120	136,779	126,179	124,511	119,198	88,645	85,475	83,550	81,274	79,286	77,069	71,509	67,256	61,619	48,460	46,534	45,900	44,448	39,470	38,571	37,558	35,208	33,950	34,262	34,031	34,221	33,900	33,900	33,400	31,901	30,200	29,900	30,493	30,493	31,300	30,800	30,300	30,060	29,200	28,400	28,200	27,464	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property Plant And Equipment Net	165,589	166,511	178,842	176,342	191,625	213,363	216,552	219,965	223,299	219,972	218,865	217,282	219,477	215,999	215,222	214,413	213,895	214,128	207,082	197,119	153,023	149,719	148,214	145,853	145,223	144,478	155,264	155,515	155,910	155,730	157,164	158,412	157,131	157,605	157,455	156,989	158,976	160,134	157,428	155,954	156,716	154,467	154,884	158,284	161,940	165,169	168,696	172,422	177,760	179,977	185,075	190,325	196,505	197,165	200,999	201,091	201,862	200,930	201,987	198,675	191,777	189,477	188,504	190,294	172,357	165,946	165,788	162,560	152,260	140,688	136,944	137,120	136,779	126,179	124,511	119,198	88,645	85,475	83,550	81,274	79,286	77,069	71,509	67,256	61,619	48,460	46,534	45,900	44,448	39,470	38,571	37,558	35,208	33,950	34,262	34,031	34,221	33,900	33,900	33,400	31,901	30,200	29,900	30,200	30,493	31,300	30,800	30,300	30,060	29,200	28,400	28,500	27,464	28,000	0	27,800	27,600	27,400	27,800	27,600	27,600	26,700	25,600	23,700	23,600	18,000	18,200	18,500	18,800	19,100	19,500	19,900	20,400	20,500	20,600	20,800	21,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property Plant Equipment	0	166,511	160,067	158,543	171,442	213,363	189,600	190,867	191,332	185,934	218,865	178,393	178,923	174,924	172,015	169,287	168,986	168,294	162,650	155,844	153,023	149,719	148,214	145,853	145,223	144,478	155,264	155,515	155,910	155,730	157,164	158,412	157,131	157,605	157,455	156,989	158,976	160,134	157,428	155,954	156,716	154,467	154,884	158,284	161,940	165,169	168,696	172,422	177,760	179,977	185,075	190,325	196,505	197,165	200,999	201,091	201,862	200,930	201,987	198,675	191,777	189,477	188,504	190,294	172,357	165,946	165,788	162,560	152,260	140,688	136,944	137,120	136,779	126,179	124,511	119,198	88,645	85,475	83,550	81,274	79,286	77,069	71,509	67,256	61,619	48,460	46,534	45,900	44,448	39,470	38,571	37,558	35,208	33,950	34,262	34,031	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	1,449,198	1,275,385	1,301,193	1,360,316	1,423,184	1,447,534	1,563,418	1,809,260	2,041,338	2,046,025	2,079,759	2,005,600	1,933,627	1,801,898	1,717,917	1,524,581	1,700,674	1,703,861	1,669,315	1,620,799	1,519,658	1,636,263	1,612,272	1,586,675	1,663,864	1,678,668	1,666,627	1,649,425	1,656,873	1,717,373	1,724,711	1,710,096	1,721,030	1,731,827	1,750,621	1,775,047	1,782,937	1,837,928	1,840,469	1,779,322	1,740,484	1,758,918	1,753,011	1,795,937	1,763,117	1,814,135	1,781,430	1,820,189	1,780,311	1,734,304	1,770,981	1,746,624	1,721,289	1,777,817	1,713,299	1,727,809	1,698,954	1,697,037	1,571,066	1,488,385	1,423,499	1,623,607	1,795,903	1,756,924	1,712,072	1,695,940	1,661,117	1,620,061	1,588,042	1,564,152	1,522,173	1,510,606	1,478,185	1,455,448	1,405,906	1,355,765	1,318,793	1,264,834	1,219,867	1,161,890	1,113,217	1,081,949	1,050,290	1,024,873	1,000,713	999,682	997,459	1,012,454	999,781	992,041	974,343	962,230	951,872	938,856	924,410	911,383	901,099	885,800	871,400	849,900	821,349	799,300	788,400	747,800	706,049	665,200	632,400	604,500	581,622	559,900	537,500	463,700	502,150	483,400	0	446,700	433,700	423,600	412,100	399,500	386,500	366,500	346,400	325,200	306,700	285,300	262,900	251,800	237,000	223,100	208,500	194,600	182,400	165,500	155,100	144,800	138,900	-	-	-	110,800	-	-	-	86,200	-	-	-	69,000	-	-	-	55,300	-
Retained Earnings Total Equity	0	0	1,301,193	1,360,316	1,423,184	1,447,534	1,563,418	1,809,260	2,041,338	2,046,025	2,079,759	2,005,600	1,933,627	1,801,898	1,717,917	1,524,581	1,700,674	1,703,861	1,669,315	1,620,799	1,519,658	1,636,263	1,612,272	1,586,675	1,663,864	1,678,668	1,666,627	1,649,425	1,656,873	1,717,373	1,724,711	1,710,096	1,721,030	1,731,827	1,750,621	1,775,047	1,782,937	1,837,928	1,840,469	1,779,322	1,740,484	1,758,918	1,753,011	1,795,937	1,763,117	1,814,135	1,781,430	1,820,189	1,780,311	1,734,304	1,770,981	1,746,624	1,721,289	1,777,817	1,713,299	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	200,000	75,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	372,928	372,236	372,535	372,825	372,861	372,449	20,000	0	0	0	301,525	0	0	0	294,025	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	587,960	592,676	468,643	467,813	420,254	399,596	402,929	405,022	407,508	409,674	412,606	414,670	416,357	416,990	418,969	420,471	420,129	420,733	419,025	415,273	371,734	371,635	371,535	371,435	371,335	371,236	371,136	371,044	320,000	290,000	290,000	290,000	290,000	290,000	290,000	290,000	290,000	290,000	270,000	270,000	190,000	180,000	140,000	140,000	140,000	140,000	140,000	140,000	140,000	138,000	263,896	265,592	267,210	268,991	269,964	270,915	271,397	272,690	273,426	275,888	158,625	155	154,067	160,118	138,562	130,980	127,913	140,808	141,554	141,961	138,744	140,743	143,540	136,016	136,008	136,001	124,743	124,736	124,729	124,721	124,714	124,708	124,701	128,938	128,859	128,781	129,691	129,602	129,513	130,423	107,672	107,578	107,889	112,889	95,000	95,000	92,000	78,000	78,000	78,000	78,000	75,000	75,000	75,000	75,000	75,000	75,000	75,000	75,000	48,500	46,700	25,000	25,000	25,000	0	25,000	25,000	31,000	36,400	20,000	15,000	28,600	15,000	15,000	33,400	33,300	33,500	15,800	16,500	17,300	18,000	18,800	19,500	20,300	21,000	21,800	22,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,800	-
Short Term Debt	8,731	200,000	75,000	0	11,340	0	0	0	115,556	372,831	372,732	372,632	372,532	0	0	0	0	0	0	0	0	0	372,928	372,236	372,535	372,825	372,861	372,449	20,000	0	0	0	301,525	0	0	0	294,025	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	139,276	155	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	16,000	5,000	5,000	0	13,600	0	0	0	18,300	18,500	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short Term Investments	178,491	211,778	189,991	146,840	122,937	100,621	172,130	133,920	140,127	193,621	408,471	548,104	375,609	253,842	335,634	237,520	494,135	421,574	362,197	367,351	253,299	262,806	270,584	245,198	302,711	366,402	280,045	260,705	375,680	206,851	181,304	155,185	185,277	162,835	153,548	173,604	372,542	291,325	229,412	303,560	315,776	251,449	165,520	152,081	294,653	221,083	179,326	227,196	236,444	248,857	138,671	111,618	143,371	162,229	103,740	134,255	156,165	126,172	94,557	94,085	204,756	250	218,884	252,485	272,678	332,000	283,573	244,438	282,302	289,024	309,531	333,782	321,049	533,772	443,784	456,164	421,369	392,217	302,534	287,549	329,812	393,414	251,185	316,457	286,806	322,283	110,577	98,077	71,951	99,024	63,753	45,189	32,977	53,322	46,862	41,359	43,568	0	0	0	45,992	0	59,740	59,740	59,740	0	0	0	66,067	0	0	0	28,496	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Temporary Equity Redeemable Noncontrolling Interests	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Assets	7,103,397	6,922,238	6,690,640	6,589,357	6,514,188	6,454,661	6,499,665	6,667,116	6,772,472	6,754,373	6,696,948	6,554,154	6,328,246	6,145,788	5,916,737	5,716,898	5,889,157	5,873,242	5,716,518	5,606,720	5,433,729	5,313,037	5,204,471	5,132,787	5,101,323	5,025,599	4,938,983	4,863,989	4,788,718	4,801,272	4,722,048	4,692,063	4,628,645	4,646,579	4,586,484	4,618,057	4,600,289	4,609,006	4,562,400	4,476,119	4,315,181	4,340,456	4,231,820	4,272,166	4,189,686	4,210,910	4,120,433	4,136,779	4,070,006	4,096,617	4,246,515	4,208,575	4,203,364	4,260,496	4,181,870	4,237,508	4,232,633	4,273,847	4,141,871	4,131,962	3,950,195	4,150	4,310,784	4,344,058	4,414,496	4,477,830	4,370,923	4,372,742	4,301,062	4,310,117	4,180,461	4,136,945	4,041,551	4,016,832	3,853,919	3,756,149	3,609,743	3,553,279	3,338,740	3,258,639	3,119,766	3,003,111	2,887,841	2,751,678	2,645,296	2,576,759	2,451,120	2,387,234	2,316,540	2,329,045	2,209,044	2,169,915	2,142,263	2,108,001	1,990,393	1,959,213	1,906,367	1,919,200	1,921,700	1,909,500	1,877,025	1,869,100	1,842,200	1,793,000	1,725,532	1,660,000	1,556,600	1,470,600	1,419,927	1,197,600	1,129,800	994,200	1,081,656	1,037,000	0	961,900	911,700	886,600	866,100	862,800	864,000	833,000	808,400	804,700	773,300	768,300	787,200	779,100	763,900	761,100	749,100	752,200	735,000	726,700	705,300	702,500	679,800	-	-	-	608,700	-	-	-	503,700	-	-	-	367,400	-	-	-	244,400	-
Total Current Assets	1,331,119	1,285,467	1,132,931	980,245	978,823	1,159,058	1,174,929	1,144,060	1,164,132	1,182,826	1,402,790	1,502,545	1,313,158	1,197,062	1,200,532	1,113,684	788,533	736,944	602,517	637,456	567,590	524,486	514,335	535,268	594,124	651,041	541,470	497,289	595,998	436,708	414,585	390,294	449,498	458,019	428,330	408,180	662,449	571,006	487,885	542,392	582,284	501,510	345,851	337,123	452,836	409,257	339,813	431,897	447,837	458,620	443,728	445,908	324,759	337,023	323,206	376,766	341,670	330,366	289,267	272,929	204,756	283,277	262,123	303,044	2,936,005	465,052	2,925,596	2,975,639	702,685	592,417	603,567	614,246	597,157	815,333	703,421	712,932	675,731	641,908	534,761	554,291	594,205	664,995	526,574	545,536	286,806	2,528,299	2,404,586	335,009	294,178	321,555	272,538	248,045	238,304	261,181	225,156	225,736	223,699	7,900	3,500	4,200	216,808	114,200	108,500	6,900	228,900	127,900	5,800	6,300	213,880	3,100	4,300	4,100	123,976	0	0	0	0	0	0	0	0	0	0	0	0	0	0	60,600	44,500	61,600	59,700	61,900	60,800	64,700	63,900	70,600	74,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Current Liabilities	4,081	75,279	90,126	77,951	206,822	155,441	165,922	175,406	169,125	10,420	623	34,238	51,558	6,401	6,853	5,510	35,606	13,265	18,210	27,051	52,224	27,012	51,855	62,663	84,189	13,173	12,706	8,646	55,239	2,748	10,072	11,907	32,272	11,915	7,068	2,817	5,836	7,792	24,476	4,961	27,076	26,324	2,395	4,726	7,503	12,726	21,440	5,292	6,578	15,570	15,863	5,292	52,218	4,092	5,464	2,195	63,407	7,113	9,576	8,101	139,276	13,161	4,056	22,691	3,150	15,685	11,553	28,223	118,953	578	1,779	29,086	11,219	16,000	1,062	17,455	10,123	13,857	26,435	24,249	11,441	9,446	11,987	10,166	23,658	1,354,200	1,240,300	1,187,500	1,117,300	1,119,000	1,043,200	1,016,500	1,001,500	1,009,600	945,600	927,700	904,800	918,800	909,900	894,800	881,700	894,500	883,000	876,200	850,900	838,800	782,200	739,400	703,700	560,700	522,600	513,000	491,500	0	0	0	0	16,000	5,000	5,000	0	13,600	0	0	0	18,300	18,500	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Liab	5,555,252	5,547,906	5,290,500	5,130,094	4,992,057	4,908,180	4,837,300	4,758,909	4,632,191	4,609,440	4,518,317	4,449,717	4,295,649	4,244,956	4,099,922	4,093,454	4,089,655	4,070,698	3,948,556	3,887,426	3,816,045	3,578,807	3,494,613	3,448,566	3,339,936	3,249,408	3,175,791	3,118,020	3,036,316	2,985,815	2,900,020	2,884,685	2,807,760	2,817,080	2,738,741	2,748,093	2,724,843	2,684,366	2,638,737	2,614,313	2,492,695	2,500,301	2,397,952	2,396,820	2,347,189	2,317,077	2,259,702	2,238,219	2,212,523	2,287,130	2,400,913	2,387,698	2,408,549	2,409,405	2,395,866	2,437,383	2,461,687	2,505,234	2,499,325	2,572,618	2,456,144	2,455	2,444,456	2,517,885	2,552,498	2,632,158	2,581,304	2,606,632	2,576,932	2,615,931	2,547,124	2,506,809	2,433,714	2,418,950	2,302,470	2,271,980	2,150,195	2,151,207	2,015,336	1,946,541	1,864,263	1,792,333	1,691,915	1,618,309	1,546,510	1,482,950	1,369,999	1,317,059	1,246,829	1,249,362	1,150,895	1,124,051	1,109,358	1,122,535	1,040,563	1,022,676	996,776	996,800	987,900	972,800	959,650	969,500	958,100	951,200	925,940	913,800	857,200	814,400	778,705	585,700	547,600	25,000	516,468	25,000	0	25,000	25,000	430,300	417,400	422,600	15,000	413,700	15,000	15,000	33,400	435,900	483,700	15,800	16,500	17,300	18,000	18,800	19,500	20,300	21,000	21,800	22,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,800	-
Total Permanent Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1,734,230	1,709,858	1,684,221	1,761,387	1,776,191	1,763,192	1,745,969	1,752,402	1,815,457	1,822,028	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	1,548,145	1,374,332	1,400,140	1,459,263	1,522,131	1,546,481	1,662,365	1,908,207	2,140,281	2,144,933	2,178,631	2,104,437	2,032,597	1,900,832	1,816,815	1,623,444	1,799,502	1,802,544	1,767,962	1,719,294	1,617,684	1,734,230	1,709,858	1,684,221	1,761,387	1,776,191	1,763,192	1,745,969	1,752,402	1,815,457	1,822,028	1,807,378	1,820,885	1,829,499	1,847,743	1,869,964	1,875,446	1,924,640	1,923,663	1,861,806	1,822,486	1,840,155	1,833,868	1,875,346	1,842,497	1,893,833	1,860,731	1,898,560	1,857,483	1,809,487	1,845,602	1,820,877	1,794,815	1,851,091	1,786,004	1,800,125	1,770,946	1,768,613	1,642,546	1,559,344	1,494,051	1,695	1,866,328	1,826,173	1,861,998	1,845,672	1,789,619	1,766,110	1,724,130	1,694,186	1,633,337	1,630,136	1,607,837	1,597,882	1,551,449	1,484,169	1,459,548	1,402,072	1,323,404	1,312,098	1,255,503	1,210,778	1,195,926	1,133,369	1,098,786	1,093,809	1,081,121	1,070,175	1,069,711	1,079,683	1,058,149	1,045,864	1,032,905	985,466	949,830	936,537	909,591	922,400	933,800	936,700	917,375	899,600	884,100	841,800	799,592	746,200	699,400	656,200	641,222	611,900	582,200	512,800	565,188	534,100	0	491,600	457,200	456,300	448,700	440,200	450,300	419,300	396,000	375,800	353,700	332,400	303,500	291,600	277,200	262,900	247,400	233,100	219,400	200,900	191,500	181,400	176,600	-	-	-	147,400	-	-	-	122,600	-	-	-	107,900	-	-	-	93,800	-
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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Warrants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Cash Flow

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31	1993-12-31	1992-12-31	1991-12-31	1990-12-31	1989-12-31
Begin Period Cash Flow	289,776	335,557	348,479	294,398	314,291	291,413	220,318	264,221	289,907	266,508	158,183	211,393	181,388	185,505	35,396	48,245	47,606	69,784	23,714	36,964	13,191	3,851	5,935	8,052	1,887	3,011	3,605	2,872	3,344	2,000	5,600	7,600	6,600	13,600	16,300
Capital Expenditures	36,810	35,508	41,442	39,953	40,088	27,959	19,443	16,979	20,112	26,037	18,671	15,177	18,079	28,886	36,336	48,513	42,036	40,644	42,211	26,185	35,015	29,389	18,095	8,342	9,268	7,164	6,854	5,971	4,115	3,700	7,100	7,200	1,100	2,100	2,000
Cash And Cash Equivalents Changes	0	-45,781	-12,922	54,081	-19,893	22,878	71,095	-43,903	-25,686	23,399	108,325	-53,210	30,005	-4,117	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	350,264	223,861	56,221	73,808	301,819	223,040	144,496	31,654	50,077	-5,695	36,364	-49,777	-13,842	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change In Cash	261,127	-45,781	-12,922	54,081	-19,893	22,878	71,095	-43,903	-25,686	23,399	108,325	-53,210	30,005	-4,117	150,109	-12,849	639	-22,178	11,079	-13,250	23,773	9,340	-2,084	-2,117	6,165	-1,124	-594	733	-472	-8,800	-15,800	-14,300	-12,800	-11,000	-8,000
Change In Working Capital	405,884	297,495	269,784	233,844	384,694	183,043	185,391	131,746	-19,565	100,788	52,668	60,437	-16,244	-50,036	93,066	-278,146	-47,296	184,167	407,753	182,885	479,405	487,176	183,266	42,915	31,956	32,888	212,063	137,080	37,269	28,400	-42,000	-8,900	6,100	38,000	56,200
Change Receivables	0	68,735	-23,182	44,073	92,482	-245,718	-57,951	-22,531	-41,512	-23,934	-20,688	-56,588	-7,819	-4,192	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	-41,667	68,735	-23,182	44,073	92,482	-245,718	-57,951	-22,531	-41,512	-23,934	-20,688	-56,588	-7,819	-4,192	17,138	26,436	153	-16,600	-29,067	-54,495	-45,690	-47,339	-23,593	-8,248	6,400	12,800	26,800	26,100	9,400	7,700	7,800	-400	2,800	13,200	18,300
Change To Inventory	363,444	0	26,724	106,547	193,174	436,073	250,530	166,993	92,320	85,360	39,538	115,911	-43,871	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Liabilities	0	7,292	103,526	116,605	118,696	154,503	65,774	7,852	24,084	64,348	65,283	74,563	-8,192	-39,170	13,015	0	0	0	21,173	41,732	53,733	25,349	10,598	0	0	0	0	0	0	0	0	0	0	0	0
Change To Netincome	0	356,580	-129,614	-54,353	-150,125	119,767	-89,678	31,354	53,701	-68,877	15,645	-66,919	-12,123	-45,010	150,850	0	0	0	0	13,698	16,601	0	0	2,153	0	0	0	0	0	0	0	0	0	0	0
Change To Operating Activities	0	369,369	227,349	86,348	216,122	137,080	179,997	145,494	31,565	39,089	0	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	72,240	82,390	79,056	68,463	64,730	58,791	55,343	26,385	26,478	28,054	30,587	36,974	40,657	40,735	35,692	27,037	26,324	24,262	18,781	16,192	16,126	10,233	8,477	6,926	6,896	5,444	5,157	4,067	3,736	5,000	5,700	2,200	2,600	2,700	2,500
Dividends Paid	70,322	105,482	140,226	139,640	139,071	138,478	137,886	137,201	136,386	135,496	134,776	134,105	132,142	129,863	127,617	127,011	113,802	104,960	93,867	80,632	71,817	65,173	57,430	51,910	45,854	38,451	31,879	26,291	21,837	19,100	16,400	13,600	10,900	8,100	5,700
End Period Cash Flow	550,903	289,776	335,557	348,479	294,398	314,291	291,413	220,318	264,221	289,907	266,508	158,183	211,393	181,388	185,505	35,396	48,245	47,606	34,793	23,714	36,964	13,191	3,851	5,935	8,052	1,887	3,011	3,605	2,872	-6,800	-10,200	-6,700	-6,200	2,600	8,300
Exchange Rate Changes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Free Cash Flow	416,178	317,081	460,142	565,663	479,590	355,475	321,962	270,494	170,132	220,498	191,133	132,885	140,446	62,895	152,689	16,088	174,085	321,297	447,607	442,478	409,437	313,173	181,357	144,728	179,657	184,976	261,352	190,653	132,443	88,500	68,800	25,900	45,100	71,600	103,400
Investments	-305,788	-316,384	-335,500	-340,418	-278,766	-136,545	-136,687	-243,318	-73,419	-182,032	-3,943	-61,709	136,815	38,188	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
Net Borrowings	0	25,000	-825	-609	-609	-609	51,011	30,000	30,000	100,000	50,000	0	-105,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	96,336	-512,672	247,937	374,607	320,087	-5,728	144,877	73,044	74,479	177,949	112,143	116,911	191,164	152,198	403,072	-242,119	237,832	214,817	253,259	286,208	184,321	66,105	105,339	109,366	133,709	177,526	156,306	105,764	90,301	66,300	96,200	83,300	65,500	51,600	33,900
Other Cashflows From Financing Activities	175,000	25,000	215	-411,286	701	358	373,173	32,545	2,138	106,395	51,648	2,578	22,007	865	120,398	19,407	-10,977	505	-387,266	-403,469	-1,000	-2,000	-104,039	36,000	16,000	9,000	-1,750	75,000	-115,651	25,000	-63,700	-100	-32,500	-69,600	-100,100
Other Cashflows From Investing Activities	0	139,486	3,272	-30,915	-82,347	-57,932	-29,467	33,577	11,849	14,034	4,263	7,141	5,879	23,798	3,882	5,334	0	7,812	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Non Cash Items	-121,472	485,376	16,324	14,291	-27,163	13,663	42,462	-4,059	-1,496	-1,954	-10,317	-6,181	-4,113	4,231	-3,774	-5,485	-739	-61,305	-195,346	-16,622	-235,400	-186,967	-97,630	-6,137	16,364	-10,572	-103,525	-51,287	252	-4,200	16,000	-43,500	-28,000	-18,600	12,800
Sale Purchase Of Stock	0	0	215	0	701	358	2,162	1,632	2,111	6,247	1,446	2,492	1,951	733	0	0	0	0	0	0	1,000	1,000	226,348	-6,979	-8,436	-24,291	0	0	0	0	0	0	0	0	0
Stock Based Compensation	0	50	141	142	123	145	60	142	5,208	4,112	974	-370	899	812	763	652	0	0	11,814	0	0	-6,982	0	0	0	-4,146	-2,295	0	0	0	0	0	0	0	0
Total Cash From Financing Activities	103,576	-81,986	-140,836	-140,249	-138,370	-138,120	-84,713	-104,656	-134,248	-29,101	-83,128	-131,527	-253,135	-128,998	-7,219	-112,104	-122,606	-102,512	-91,473	-78,444	-71,486	-65,592	-36,816	-48,586	-40,573	-54,777	-32,229	25,033	-21,379	-8,800	-15,800	-14,300	-12,800	-11,000	-8,000
Total Cash From Operating Activities	452,988	352,589	501,584	605,616	519,678	383,434	341,405	287,473	190,244	246,535	209,804	148,062	158,525	91,781	189,025	64,601	216,121	361,941	489,818	468,663	444,452	342,562	199,452	153,070	188,925	192,140	268,206	196,624	136,558	92,200	75,900	33,100	46,200	73,700	105,400
Total Cashflows From Investing Activities	0	-316,384	-373,670	-411,286	-401,201	-222,436	-185,597	-226,720	-81,682	-194,035	-18,351	-69,745	124,615	33,100	0	34,654	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31	1999-09-30	1999-06-30	1999-03-31	1998-12-31	1998-09-30	1998-06-30	1998-03-31	1997-12-31	1997-09-30	1997-06-30	1997-03-31	1996-12-31	1996-09-30	1996-06-30	1996-03-31	1995-12-31	1995-09-30	1995-06-30	1995-03-31	1994-12-31	1994-09-30	1994-06-30	1994-03-31	1993-12-31	1993-09-30	1993-06-30	1993-03-31	1992-12-31	1992-09-30	1992-06-30	1992-03-31	1991-12-31	1991-09-30	1991-06-30	1991-03-31	1990-12-31	1990-09-30	1990-06-30	1990-03-31
Begin Period Cash Flow	453,936	357,723	270,380	289,776	335,886	290,002	295,764	335,557	341,606	378,615	338,430	348,479	322,129	262,153	252,836	294,398	315,370	240,320	270,105	314,291	261,680	243,751	290,070	291,413	284,639	261,425	236,584	220,318	229,857	233,281	235,109	264,221	295,184	274,782	234,576	289,907	279,681	258,473	238,832	266,508	250,061	180,331	185,042	158,183	188,174	160,487	204,701	211,393	209,763	305,057	334,290	181,388	174,794	219,466	242,511	185,505	204,194	194,710	178,844	35,396	33,761	43,239	50,559	48,245	47,920	42,220	46,275	47,606	62,102	38,333	39,803	34,793	34,201	36,552	29,834	23,714	31,929	41,526	51,220	36,964	19,408	18,229	14,191	13,191	18,386	15,712	8,439	3,851	5,102	7,126	4,869	5,935	6,216	3,510	5,474	8,052	7,800	0	0	1,900	0	0	0	3,000	0	0	0	3,600	0	0	0	2,900	0	0	0	3,300	0	0	0	2,000	0	0	1,700	5,600	0	0	3,500	7,600	0	0	3,600	6,600	0	0	10,800	13,600
Capital Expenditures	9,825	7,922	10,378	8,685	9,919	8,517	8,799	8,273	11,944	11,696	9,873	7,929	10,189	9,975	9,484	10,305	8,264	10,950	12,444	8,430	7,310	7,501	6,942	6,206	5,168	3,718	7,132	3,425	4,105	3,939	4,339	4,596	3,728	5,086	5,370	5,928	5,157	8,676	5,759	6,445	5,688	4,622	3,860	4,501	2,972	4,430	3,623	4,152	3,736	4,759	3,628	5,956	6,743	6,836	7,876	7,431	6,121	9,559	10,341	10,315	10,726	8,030	4,520	25,237	9,599	5,848	13,827	12,762	18,111	10,553	5,761	6,219	15,472	6,411	10,896	9,432	7,432	6,090	6,742	5,921	6,765	9,784	9,194	9,272	16,457	4,503	4,322	4,107	7,431	3,187	3,102	4,375	3,298	1,515	2,000	1,529	1,768	2,200	2,200	3,100	3,264	1,700	1,000	1,200	1,354	1,900	2,000	1,600	1,271	1,800	4,900	1,700	515	700	1,700	1,200	1,100	600	1,200	800	1,700	2,000	2,600	800	6,200	400	300	300	300	700	100	200	400	600	600	500
Cash And Cash Equivalents Changes	0	0	87,343	-19,396	-46,110	45,884	-5,762	-39,793	-6,049	-37,009	40,185	-10,049	26,350	59,976	9,317	-41,562	-20,972	75,050	-29,785	-44,186	52,611	17,929	-46,319	-1,343	6,774	23,214	24,841	16,266	-9,539	-3,424	-1,828	-29,112	-30,963	20,402	40,206	-55,331	10,226	21,208	19,641	-27,676	16,447	69,730	-4,711	26,859	-29,991	27,687	-44,214	-6,692	1,630	-95,294	-29,233	152,902	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	0	0	0	0	0	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	30,576	92,735	165,427	39,719	71,384	73,734	89,324	38,655	42,829	53,053	53,786	68,154	-40,932	-24,787	70,572	60,760	-11,132	-46,392	250,706	23,000	11,811	16,302	142,217	42,352	10,486	27,985	51,626	30,997	35,396	26,477	18,618	11,681	7,851	-6,496	33,120	7,662	11,086	-1,791	30,268	-3,187	-1,137	-31,639	58,106	-7,099	20,212	-34,855	9,757	-5,340	-10,642	-43,552	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	96,967	96,213	87,343	-19,396	-46,110	45,884	-5,762	-39,793	-6,049	-37,009	40,185	-10,049	26,350	59,976	9,317	-41,562	-20,972	75,050	-29,785	-44,186	52,611	17,929	-46,319	-1,343	6,774	23,214	24,841	16,266	-9,539	-3,424	-1,828	-29,112	-30,963	20,402	40,206	-55,331	10,226	21,208	19,641	-27,676	16,447	69,730	-4,711	26,859	-29,991	27,687	-44,214	-6,692	1,630	-95,294	-29,233	152,902	6,594	-44,672	-23,045	57,006	-18,689	9,484	15,866	143,448	1,635	-9,478	-7,320	2,314	325	5,700	-4,055	-1,331	-14,496	23,769	-1,470	5,010	592	-2,351	6,718	6,120	-8,215	-9,597	-9,694	14,256	17,556	1,179	4,038	1,000	-5,195	2,674	7,273	4,588	-1,251	-2,024	2,257	-1,066	-281	2,706	-1,964	-2,578	252	-13,100	-11,100	-12,400	-9,277	-27,700	-9,000	-8,800	-9,429	-7,700	-7,800	-7,300	43,833	-6,300	-6,400	-5,400	-5,279	-5,300	-5,400	-5,400	5,300	-4,700	-4,700	-4,700	-4,100	-3,900	-3,900	-3,900	-3,300	-2,900	-4,000	-4,100	-3,500	-3,200	-3,100	-3,000	-2,700	-2,700	-2,800	-2,800
Change In Working Capital	175,702	63,118	88,734	78,330	161,812	31,411	46,241	58,031	91,201	47,491	53,239	77,853	90,287	101,507	81,357	-39,307	90,041	134,312	33,508	126,833	24,008	65,968	52,118	40,949	48,339	66,611	29,132	41,309	1,142	52,756	52,127	25,721	865	20,313	5,918	-46,661	36,395	7,614	54,826	1,953	14,522	42,651	-19,231	14,726	33,944	36,685	-8,029	-2,163	-21,170	-1,395	23,418	-17,097	-25,370	24,340	-26,252	-22,754	-25,920	56,745	37,947	24,294	-70,149	-91,821	-66,010	-50,166	-81,200	44,510	7,995	-18,601	-9,915	76,837	51,104	66,141	292,158	52,940	-19,686	82,341	-204,399	201,047	128,710	57,527	297,319	85,241	12,567	84,278	317,663	101,628	58,846	9,039	128,705	18,738	27,385	8,438	-5,478	17,653	17,866	12,874	30,056	-32,900	38,700	-3,900	-21,912	1,000	69,400	-15,600	1,063	111,100	82,000	17,900	56,080	36,700	13,700	19,000	-17,931	28,100	19,000	8,100	27,000	7,600	-8,400	2,200	-5,300	-16,300	-14,200	-6,200	500	2,900	-4,500	-7,800	-800	30,000	-24,900	1,800	-41,600	27,800	17,500	34,300
Change Receivables	0	0	-17,004	-3,746	74,246	-5,272	15,270	-15,509	36,784	-29,115	1,914	-32,765	24,907	-9,671	40,752	-11,915	49,639	-13,981	-24,841	81,665	-164,704	-36,306	-13,264	-31,444	-31,235	-16,787	9,264	-19,193	15,434	-14,509	5,660	-29,116	5,440	-28,191	3,453	-22,214	5,679	-11,300	8,135	-26,448	6,743	-16,757	12,242	-22,916	930	-28,879	-7,528	-21,111	9,385	-11,178	9,315	-15,341	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	12,527	-33,444	-17,004	-3,746	74,246	-5,272	15,270	-15,509	36,784	-29,115	1,914	-32,765	24,907	-9,671	40,752	-11,915	49,639	-13,981	-24,841	81,665	-164,704	-36,306	-13,264	-31,444	-31,235	-16,787	9,264	-19,193	15,434	-14,509	5,660	-29,116	5,440	-28,191	3,453	-22,214	5,679	-11,300	8,135	-26,448	6,743	-16,757	12,242	-22,916	930	-28,879	-7,528	-21,111	9,385	-11,178	9,315	-15,341	9,742	-10,810	16,420	-19,544	16,595	-9,969	18,137	-7,625	16,338	-5,087	15,478	-293	22,460	-7,057	1,294	-16,544	-1,940	-1,222	20,363	-33,801	4,835	-22,927	-20,276	9,301	-3,398	-22,622	-12,824	-15,651	-4,351	-17,976	-7,805	-15,558	-6,966	-18,511	-4,647	-17,215	-2,325	-38,189	17,601	-680	-255	-21,794	4,256	9,545	15,100	-15,900	3,200	4,000	20,100	-20,700	8,400	5,000	53,700	-41,200	6,500	7,800	8,300	5,800	5,800	3,200	0	2,100	3,200	4,100	1,800	3,700	3,000	-800	2,600	900	2,800	1,500	900	1,400	-100	-2,600	3,500	-1,800	2,900	-1,800	3,800	-700	6,700	3,400
Change To Inventory	-23,162	0	0	0	0	0	0	-7,548	77,159	0	73,519	87,614	-11,769	0	0	4,469	33,950	0	30,202	-8,912	246,111	73,010	52,233	64,719	124,171	68,731	9,278	48,350	18,746	58,648	32,266	57,333	12,467	48,977	10,963	19,913	23,954	21,322	8,700	31,384	19,468	27,143	-2,961	-4,112	42,748	0	0	-8,752	-43,792	0	0	-14,622	14,553	0	0	11,215	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Liabilities	0	117,753	104,470	21,076	-105,851	21,263	7,835	84,045	-54,905	59,248	33,488	45,885	-11,926	42,681	38,678	47,172	-50,619	38,589	62,544	68,182	-13,794	53,558	34,458	80,281	-41,301	35,124	24,908	47,043	-45,034	30,820	-16,857	38,923	-27,606	49,516	5,317	-3,143	2,286	34,741	-2,473	29,794	-24,818	44,607	-9,173	54,667	-16,830	46,520	7,724	37,149	-72,080	42,739	-13,714	34,863	0	4,992	0	0	13,015	22,892	6,279	10,484	0	0	0	500	0	5,562	0	0	0	18,872	3,591	0	21,173	17,716	680	0	41,732	54,043	18,105	850	53,733	42,937	22,756	5,009	25,349	24,905	11,628	4,551	10,598	14,787	4,313	5,638	0	8,037	2,298	322	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Netincome	0	49,163	-7,816	-64,015	-77,077	113,610	181,075	138,972	-50,313	20,690	-38,960	-16,229	-88,992	-53,987	-121,228	209,854	-12,513	-22,928	-34,964	-79,720	52,804	27,222	-1,930	41,671	-38,246	-19,546	-9,989	-21,897	68,327	19,939	-30,106	-26,806	11,088	15,094	22,699	4,820	14,732	-2,579	-45,359	-35,671	1,776	-715	34,511	-19,927	693	-24,629	-12,066	-30,917	-49,363	43,866	3,691	-10,317	11,399	0	0	0	150,850	157,806	103,818	0	0	0	0	0	0	0	0	3,085	0	0	20,193	46,258	0	17,993	0	13,463	13,698	7,457	21,927	15,436	16,601	0	10,125	5,512	0	0	0	1,351	0	7,080	257	68	2,153	5,802	1,224	6,952	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-13,450	-13,450	85,904	164,841	42,117	78,783	83,628	94,249	41,435	44,436	47,229	46,672	76,829	-20,763	-16,390	95,246	83,883	-23,203	60,196	83,037	17,418	16,650	19,975	179,997	42,352	10,486	47,647	145,494	38,202	36,658	0	31,565	0	0	0	39,089	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	18,086	18,237	18,506	17,411	17,743	18,948	23,446	22,253	22,192	20,022	19,262	17,580	17,846	17,635	16,956	16,026	17,318	16,248	16,079	15,085	15,061	15,158	14,424	14,148	13,726	14,092	14,260	13,265	6,683	6,844	6,501	6,357	6,511	6,217	6,643	7,107	7,909	6,751	6,634	6,760	6,872	6,796	8,102	8,817	9,071	9,203	9,184	9,516	10,061	10,022	10,154	10,420	11,063	12,591	8,519	8,562	9,377	8,897	9,051	8,367	7,119	6,843	6,626	6,449	6,838	6,665	6,525	6,296	6,459	6,202	5,869	5,732	5,555	4,568	4,597	4,061	4,261	4,096	3,925	3,910	4,426	4,132	4,048	3,520	3,071	2,504	2,455	2,203	3,552	1,838	1,605	1,482	1,887	1,766	1,648	1,625	1,996	4,300	-800	1,400	4,444	300	200	500	2,957	-100	1,600	700	1,867	800	700	1,100	936	900	1,100	800	1,200	1,300	1,400	1,100	1,200	1,700	1,800	1,000	0	0	0	800	700	-300	1,100	1,100	-600	1,100	1,500	700
Dividends Paid	17,581	17,581	17,580	17,580	17,580	17,581	35,160	35,161	35,160	35,022	35,022	35,022	35,014	34,876	34,875	34,875	34,875	34,736	34,734	34,726	34,726	34,587	34,583	34,582	34,583	34,444	34,431	34,428	34,418	34,268	34,258	34,257	34,203	34,063	34,065	34,055	34,035	33,837	33,813	33,811	33,809	33,664	33,662	33,641	33,636	33,496	33,495	33,478	33,462	32,896	32,893	32,891	32,882	32,330	32,328	32,323	32,318	31,766	31,766	31,767	31,763	31,757	31,748	31,743	28,460	28,455	28,453	28,434	26,241	26,249	26,245	26,225	23,481	23,474	23,460	23,452	20,169	20,163	20,157	20,143	17,959	17,955	17,955	17,948	16,299	16,297	16,296	16,281	14,371	14,355	14,354	14,350	12,990	12,974	12,975	12,971	11,454	11,500	11,400	11,500	9,551	9,600	9,600	9,700	7,979	8,000	7,900	8,000	6,591	6,600	6,500	5,400	5,437	5,500	5,400	5,500	4,800	4,700	4,800	4,800	4,100	4,200	4,000	4,100	3,400	3,400	3,400	3,400	2,800	2,700	2,700	2,700	2,000	2,000	2,100	2,000
End Period Cash Flow	550,903	453,936	357,723	270,380	289,776	335,886	290,002	295,764	335,557	341,606	378,615	338,430	348,479	322,129	262,153	252,836	294,398	315,370	240,320	270,105	314,291	261,680	243,751	290,070	291,413	284,639	261,425	236,584	220,318	229,857	233,281	235,109	264,221	295,184	274,782	234,576	289,907	279,681	258,473	238,832	266,508	250,061	180,331	185,042	158,183	188,174	160,487	204,701	211,393	209,763	305,057	334,290	181,388	174,794	219,466	242,511	185,505	204,194	194,710	178,844	35,396	33,761	43,239	50,559	48,245	47,920	42,220	46,275	47,606	62,102	38,333	39,803	34,793	34,201	36,552	29,834	23,714	31,929	41,526	51,220	36,964	19,408	18,229	14,191	13,191	18,386	15,712	8,439	3,851	5,102	7,126	4,869	5,935	6,216	3,510	5,474	8,052	-13,100	-11,100	-10,500	-9,277	-27,700	-9,000	-5,800	-9,429	-7,700	-7,800	-3,700	43,833	-6,300	-6,400	-5,400	-5,279	-5,300	0	-2,100	5,300	-4,700	-4,700	-2,700	-4,100	-3,900	-3,900	1,700	-3,300	-2,900	-4,000	3,500	-3,500	-3,200	-3,100	3,600	-2,700	-2,700	-2,800	10,800
Exchange Rate Changes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Free Cash Flow	215,510	114,369	76,811	9,488	57,799	81,448	79,529	98,305	61,611	99,092	132,849	166,590	152,175	173,694	152,953	86,841	97,821	137,020	78,492	166,257	50,929	133,619	98,782	72,145	59,772	98,002	93,390	70,798	73,817	103,927	51,667	41,083	37,809	70,432	56,367	5,524	41,881	62,432	73,184	43,001	34,399	68,637	34,400	53,697	31,760	59,519	11,075	30,531	-15,963	72,935	53,854	29,620	-14,386	40,544	11,287	25,450	26,444	40,538	45,164	40,543	-18,737	51,649	-23,756	6,932	81	85,216	51,631	37,157	50,657	82,815	77,365	110,460	65,155	145,096	99,731	137,625	67,707	140,482	125,177	109,112	95,759	131,013	90,660	92,005	70,141	100,928	79,691	62,413	36,624	67,349	45,387	31,997	10,390	53,632	36,865	43,841	28,557	48,100	44,700	58,300	25,876	31,600	60,600	66,900	56,452	84,700	62,200	58,000	57,153	58,100	27,500	32,400	31,843	40,700	32,400	27,500	35,200	22,100	4,700	26,500	17,100	18,500	11,900	21,300	8,800	-15,900	16,000	17,000	10,500	13,200	3,400	18,000	8,600	23,200	12,500	27,300
Investments	-110,540	-133,284	-28,336	-48,127	-120,891	-26,290	-81,049	-96,970	-19,512	-51,936	-46,748	-231,146	-176,066	-65,047	-84,745	-14,560	-40,089	-28,561	-45,533	-164,583	-21,213	-27,314	-26,531	-61,487	-5,183	-54,771	-42,523	-34,210	-92,898	-94,384	-19,228	-36,808	-40,421	-17,035	34,811	-50,774	-18,597	-41,282	-4,890	-117,263	-40,175	62,770	-42,916	16,378	-32,249	-1,129	-20,447	-7,884	46,046	8,947	-72,510	154,332	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	0	0	0	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	124,787	124,787	50,000	25,000	-210	-148	-789	-60	-377	5	-393	-609	-609	-609	-609	0	0	0	0	0	0	0	0	51,011	0	-629	51,640	30,000	30,000	30,000	0	30,000	0	0	0	100,000	20,000	0	80,000	10,000	40,000	0	0	0	0	0	0	20,000	-125,000	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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	191,394	-8,227	-41,543	-45,288	-6,770	-98,303	-210,682	-196,917	30,473	1,288	109,181	106,995	166,743	118,857	228,211	-139,204	31,688	69,282	83,250	135,867	-81,879	58,578	60,180	-42,607	19,779	46,485	51,633	26,980	-26,082	26,930	48,873	23,323	23,405	15,270	9,639	26,165	-20,956	31,296	94,960	72,649	15,376	39,570	-9,264	66,461	-17,382	66,201	-5,264	73,356	79,469	-3,782	57,251	58,226	-23,647	96,849	17,817	61,179	34,235	157,737	114,447	96,653	-168,345	-140,539	70,726	-3,961	44,592	63,278	69,509	60,453	50,132	68,227	37,812	58,646	46,219	73,014	73,602	60,424	74,129	65,129	78,134	68,816	49,226	49,615	43,372	42,108	17,330	18,520	1,301	28,954	22,111	32,055	26,465	24,708	26,005	27,421	26,002	29,938	33,009	27,700	33,000	40,000	34,426	41,400	50,300	51,400	48,806	40,800	35,900	30,800	28,264	29,000	26,600	22,400	24,201	25,200	22,400	18,500	14,900	16,200	17,400	17,800	24,100	24,200	25,300	22,600	24,800	25,900	14,400	18,200	16,700	17,300	16,600	14,900	19,000	12,400	12,300	7,900
Other Cashflows From Financing Activities	-110,540	125,000	17,887	50,000	25,000	-26,290	-58,782	-110,421	-44,384	-112,398	10	215	-100,391	-88,817	-118,245	-103,833	110	-38,184	138	453	18	340	-117,460	-45,112	320,000	991	-629	372,811	30,844	797	1	903	-79	-21,053	852	1,365	4,426	21,846	39	80,084	10,008	40,064	1,576	2,302	364	-2,766	1,110	1,104	21,157	-124,823	155	518	114	234	303	214	149	13	1	120,235	154	699	554	18,000	70	33	-11,137	57	16	31	219	239	-56,920	-131,176	-80,970	-118,200	-63,765	-136,452	-122,138	-81,114	1,000	-156	77	-921	-75,712	-178	89	-911	-1,039	-102,000	94	-1,000	2,000	5,000	-28,169	5,000	15,900	-1,800	300	-900	3,000	-18,400	-54,500	-55,400	-1,750	-80,000	-56,900	-49,600	50,000	300	100	-32,300	-27,251	-34,500	-32,300	-21,600	10,100	-100	-2,800	-17,800	-13,700	100	-100	-18,100	-100	13,900	-9,600	-15,000	-9,500	-10,200	-100	100	-8,100	100	-900	-36,400
Other Cashflows From Investing Activities	0	-157,912	56,601	-12,688	59,533	-169,904	31,066	-5,178	-12,928	-48,766	-10,899	89,707	85,864	-13,795	-24,016	-78,968	-43,939	1,327	-28,148	-11,587	57,603	-54,129	-83,987	22,581	-13,232	13,436	9,034	-38,705	13,116	20,504	-10	-33	5,931	1,068	-17,759	22,609	16,551	12,049	-14,879	313	46,024	-68,077	35,891	-9,575	3,770	2,793	-2,457	3,035	3,582	-21,187	22,161	1,323	17,631	7,770	3,300	11,034	3,882	3,159	6,911	25,746	5,334	5,029	21,248	678	0	0	0	11,522	7,812	6,352	3,652	2,608	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-159,847	49,163	21,492	-32,280	-105,052	137,909	229,323	223,196	-15,641	-1,592	19,810	13,747	1,641	10,070	-5,696	8,276	-7,930	-38,585	11,392	7,960	15,843	-2,534	-6,749	7,103	-16,904	-1,447	26,632	17,094	-3,740	-825	-12,689	13,195	-3,878	951	-7,275	8,706	-3,599	-687	-7,913	10,245	-5,636	-2,801	-11,360	9,480	-2,669	-1,417	-7,124	5,029	-8,546	4,279	-11,190	11,344	5,204	-1,124	-8,037	8,188	6,681	-4,653	-8,004	2,202	-1,269	6,067	-30,578	79,847	39,450	-23,389	-18,571	1,771	22,092	-57,898	-11,659	-13,840	-263,305	20,985	52,114	231	201,148	-123,700	-78,850	-15,220	-248,447	1,809	39,867	-28,629	-251,466	-17,221	21,411	26,324	-110,313	17,905	-6,966	1,744	-8,726	8,307	-6,651	-4,446	-34,736	51,200	-24,000	11,400	12,182	-9,400	-58,300	31,800	4,980	-65,200	-55,300	10,200	-27,487	-10,700	-4,500	-8,400	23,652	-12,400	-8,400	-2,600	-5,400	-400	-400	2,000	-1,200	10,900	1,600	4,700	-10,300	-44,300	6,400	6,100	-5,800	-33,100	10,500	400	32,200	-17,500	-18,200	-15,100
Sale Purchase Of Stock	0	0	0	0	0	0	0	0	215	215	215	215	0	0	0	0	110	591	138	453	18	340	0	0	0	991	0	1,171	926	706	0	0	0	0	828	1,283	4,447	1,682	34	84	64	58	1,324	0	394	0	1,026	1,072	1,141	169	143	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	1,039	225,026	0	189	0	0	0	-6,979	-6,536	0	0	0	-2,891	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Stock Based Compensation	0	0	0	0	-15	0	0	15	35	36	35	35	36	36	35	35	35	36	36	16	41	40	41	23	0	4	21	35	3,614	-31	36	-3,477	2,262	550	1,353	1,043	1,371	1,672	671	398	758	316	-129	29	-682	397	-180	95	293	292	198	116	8	408	187	209	192	204	203	164	163	162	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-1,573	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-17,828	107,206	-17,733	31,931	7,063	-17,791	-35,308	-35,950	-35,220	-35,399	-35,017	-35,200	-35,623	-34,876	-34,875	-34,875	-34,765	-34,736	-34,596	-34,273	-34,708	-34,247	-34,583	-34,582	-34,583	-33,453	-35,060	18,383	-3,574	-33,471	-34,257	-33,354	-34,282	-34,063	-33,213	-32,690	-29,609	-11,991	-33,774	46,273	-23,801	6,400	-32,086	-33,641	-33,272	-33,496	-32,385	-32,374	-30,305	-157,719	-32,738	-32,373	-32,768	-32,096	-32,025	-32,109	-32,169	-31,753	-31,765	88,468	-36,109	-31,058	-31,194	-13,743	-28,196	-28,277	-38,180	-27,953	-26,148	-26,003	-25,235	-25,126	-23,115	-22,682	-22,939	-22,737	-19,589	-19,717	-19,475	-19,663	-17,665	-18,030	-17,634	-18,157	-16,081	-17,421	-15,364	-16,726	-14,353	7,215	-14,095	-15,583	-10,032	-7,974	-12,660	-17,920	-3,973	-13,100	-11,100	-12,400	-9,277	-27,700	-9,000	-8,800	-9,429	-7,700	-7,800	-7,300	43,833	-6,300	-6,400	-5,400	-5,279	-5,300	-5,400	-5,400	5,300	-4,700	-4,700	-4,700	-4,100	-3,900	-3,900	-3,900	-3,300	-2,900	-4,000	-4,100	-3,500	-3,200	-3,100	-3,000	-2,700	-2,700	-2,800	-2,800
Total Cash From Operating Activities	225,335	122,291	87,189	18,173	67,718	89,965	88,328	106,578	73,555	110,788	142,722	174,519	162,364	183,669	162,437	97,146	106,085	147,970	90,936	174,687	58,239	141,120	105,724	78,351	64,940	101,720	100,522	74,223	77,922	107,866	56,006	45,679	41,537	75,518	61,737	11,452	47,038	71,108	78,943	49,446	40,087	73,259	38,260	58,198	34,732	63,949	14,698	34,683	-12,227	77,694	57,482	35,576	-7,643	47,380	19,163	32,881	32,565	50,097	55,505	50,858	-8,011	59,679	-19,236	32,169	9,680	91,064	65,458	49,919	68,768	93,368	83,126	116,679	80,627	151,507	110,627	147,057	75,139	146,572	131,919	115,033	102,524	140,797	99,854	101,277	86,598	105,431	84,013	66,520	44,055	70,536	48,489	36,372	13,688	55,147	38,865	45,370	30,325	50,300	46,900	61,400	29,140	33,300	61,600	68,100	57,806	86,600	64,200	59,600	58,424	56,300	32,400	34,100	32,358	41,400	34,100	28,700	36,300	22,700	5,900	27,300	18,800	20,500	14,500	22,100	15,000	-15,500	16,300	17,300	10,800	13,900	3,300	18,200	9,000	23,800	13,100	27,800
Total Cashflows From Investing Activities	0	-184,897	17,887	-69,500	-120,891	-195,493	-58,782	-110,421	-44,384	-112,398	-67,520	-149,368	-100,391	-88,817	-118,245	-103,833	-92,292	-38,184	-86,125	-184,600	29,080	-88,944	-117,460	-45,112	-23,583	-45,053	-40,621	-76,340	-83,887	-77,819	-23,577	-41,437	-38,218	-21,053	11,682	-34,093	-7,203	-37,909	-25,528	-123,395	161	-9,929	-10,885	2,302	-31,451	-2,766	-26,527	-9,001	44,162	-15,269	-53,977	149,699	33,100	-13,905	46,051	56,234	0	0	0	4,122	34,654	0	26,998	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

Income Statement

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31	1993-12-31	1992-12-31	1991-12-31	1990-12-31	1989-12-31	1988-12-31	1987-12-31	1986-12-31	1985-12-31
Cost Of Revenue	279,656	279,718	283,397	285,831	269,305	244,630	233,475	235,314	250,839	249,381	219,478	207,281	215,711	255,358	217,683	174,828	158,810	176,563	150,201	111,285	91,295	74,875	1,365,967	1,223,245	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Depreciation And Amortization	72,240	82,390	79,056	68,463	64,730	58,791	55,343	26,385	26,478	28,054	30,587	36,974	40,657	40,735	35,692	27,037	26,324	24,262	18,781	16,192	16,126	10,233	8,477	6,926	6,896	5,444	5,157	4,067	3,736	5,000	5,700	2,200	2,600	2,700	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	-	-	-	-
Ebit	27,188	-354,629	289,283	450,214	369,025	-13,579	182,253	74,686	73,735	250,062	133,356	136,853	250,648	189,196	578,270	-445,895	323,625	321,589	359,861	412,065	248,857	64,768	132,536	135,847	173,539	240,080	214,779	138,590	116,323	83,400	126,300	109,200	83,800	56,600	38,900	32,300	19,600	13,400	16,200
Ebitda	99,428	-272,239	368,339	518,677	433,755	45,212	237,596	101,071	100,213	278,116	163,943	173,827	291,305	229,931	613,962	-418,858	349,949	345,851	378,642	428,257	264,983	75,001	141,013	142,773	180,435	245,524	219,936	142,657	120,059	88,400	132,000	111,400	86,400	59,300	41,400	32,300	19,600	13,400	16,200
Effect Of Accounting Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Extraordinary Items	0	0	0	0	0	0	11,449	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Gross Profit	4,349,975	3,363,348	3,709,960	3,498,680	3,703,213	3,135,374	3,182,487	2,992,369	2,758,461	2,762,392	2,601,563	2,576,089	2,561,574	2,520,527	2,903,810	5,535,517	3,019,940	2,992,180	2,841,712	2,556,872	2,174,222	1,711,396	1,506,980	1,366,018	1,280,676	1,222,123	1,127,946	824,964	683,679	577,200	533,800	515,300	529,500	529,300	523,700	454,600	370,600	261,800	145,700
Income Before Tax	99,428	-670,715	299,307	458,501	378,069	-30,615	167,085	70,724	70,567	247,425	132,096	135,310	245,099	182,390	571,541	-450,861	315,036	312,409	352,639	407,843	245,801	60,668	124,809	128,555	168,539	235,280	209,779	136,590	114,323	131,200	186,000	169,000	139,800	108,600	90,200	-	-	-	-
Income Tax Expense	3,092	-158,043	51,370	83,894	57,982	-24,887	22,208	-2,320	-3,912	69,476	19,953	18,399	53,935	30,192	168,469	-208,742	77,204	97,592	99,380	121,635	61,480	-5,437	19,470	19,189	34,830	57,754	53,473	30,826	24,022	16,100	29,300	24,700	16,700	3,000	2,800	-29,800	-2,900	-1,000	2,800
Interest Expense	24,169	17,232	17,113	17,048	17,035	17,036	15,168	3,962	3,168	2,637	1,260	1,543	5,549	6,806	6,729	4,966	8,589	9,180	7,222	4,222	3,056	4,100	7,727	7,292	5,000	4,800	5,000	2,000	2,000	1,000	800	1,200	1,600	2,000	2,200	2,500	1,900	200	400
Interest Income	0	17,232	17,113	17,048	17,035	17,036	15,168	3,962	3,168	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Minority Interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Net Income	96,336	-512,672	247,937	374,607	320,087	-5,728	144,877	73,044	74,479	177,949	112,143	116,911	191,164	152,198	403,072	-242,119	237,832	214,817	253,259	286,208	184,321	66,105	105,339	109,366	133,709	177,526	156,306	105,764	90,301	66,300	96,200	83,300	65,500	51,600	33,900	29,800	20,600	14,200	13,000
Net Income Applicable To Common Shares	0	-512,672	247,937	374,607	320,087	-5,728	144,877	73,044	74,479	177,949	112,143	116,911	191,164	152,198	403,072	0	237,832	214,817	253,259	286,208	184,321	66,105	105,339	109,366	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Net Income From Continuing Ops	-101,828	-512,672	247,937	374,607	436,051	-55,502	189,293	73,044	74,479	177,949	152,049	153,709	191,164	152,198	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Net Interest Income	-20,808	-17,232	-17,113	-17,048	-17,035	-17,036	-15,168	-3,962	0	0	0	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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Non Recurring	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Operating Income	99,428	-354,629	289,283	450,214	369,025	-13,579	182,253	74,686	73,735	250,062	133,356	136,853	250,648	189,196	578,270	-445,895	323,625	321,589	359,861	412,065	248,857	64,768	132,536	135,847	173,539	240,080	214,779	138,590	116,323	83,400	126,300	109,200	83,800	56,600	38,900	32,300	19,600	13,400	16,200
Other Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Other Operating Expenses	4,530,203	4,313,781	3,694,050	3,326,010	3,594,449	3,410,619	3,248,877	3,156,959	2,938,733	2,764,348	2,688,945	2,648,060	2,532,186	2,593,495	2,549,952	2,865,057	2,863,714	2,856,334	2,639,274	2,260,314	2,019,716	1,725,603	1,382,171	1,237,463	1,112,137	986,843	918,167	688,374	569,356	113,700	108,900	103,300	107,600	110,200	106,600	2,500	1,900	200	400
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	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Reconciled Depreciation	71,897	82,390	79,056	68,463	64,730	58,791	55,343	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Research Development	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Selling And Marketing Expenses	0	11,800	50,100	37,700	42,200	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	-	-	-	-
Selling General Administrative	0	16,931	17,346	17,511	17,342	40,900	37,400	39,600	44,000	23,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	8,400	7,400	7,100	5,800	5,300	-	-	-	-
Tax Provision	-54,031	-158,043	51,370	83,894	57,982	-24,887	22,208	-2,320	-3,912	0	0	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	-4,250,547	279,718	-3,704,074	-3,334,297	-3,603,493	-3,393,583	-3,000,234	-2,917,683	-2,684,726	-2,512,330	-2,468,207	-2,439,236	-2,310,926	-2,331,331	-2,325,540	-5,981,412	-2,696,315	-2,670,591	-2,481,851	-2,144,807	-1,925,365	-1,646,628	-1,374,444	-1,230,171	-1,107,137	-982,043	-913,167	-686,374	-567,356	-493,800	-407,500	-406,100	-445,700	-472,700	-484,800	-422,300	-351,000	-248,400	-129,500
Total Other Income Expense Net	19,609	-316,086	10,024	8,287	9,044	9,275	11,945	8,294	8,911	8,671	9,738	10,174	11,884	8,297	4,967	4,597	5,154	5,185	5,438	4,775	4,743	2,073	5,396	6,349	4,924	8,296	4,881	3,233	3,341	47,800	59,700	59,800	56,000	52,000	51,300	-	-	-	-
Total Revenue	4,629,631	3,643,066	3,993,357	3,784,511	3,972,518	3,380,004	3,415,962	3,227,683	3,009,300	3,011,773	2,821,041	2,783,370	2,777,285	2,775,885	3,121,493	5,710,345	3,178,750	3,168,743	2,991,913	2,668,157	2,265,517	1,786,271	1,506,980	1,366,018	1,280,676	1,222,123	1,127,946	824,964	683,679	577,200	533,800	515,300	529,500	529,300	523,700	454,600	370,600	261,800	145,700

	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31	1999-09-30	1999-06-30	1999-03-31	1998-12-31	1998-09-30	1998-06-30	1998-03-31	1997-12-31	1997-09-30	1997-06-30	1997-03-31	1996-12-31	1996-09-30	1996-06-30	1996-03-31	1995-12-31	1995-09-30	1995-06-30	1995-03-31	1994-12-31	1994-09-30	1994-06-30	1994-03-31	1993-12-31	1993-09-30	1993-06-30	1993-03-31	1992-12-31	1992-09-30	1992-06-30	1992-03-31	1991-12-31	1991-09-30	1991-06-30	1991-03-31	1990-12-31	1990-09-30	1990-06-30	1990-03-31	1989-12-31	1989-09-30	1989-06-30	1989-03-31	1988-12-31	1988-09-30	1988-06-30	1988-03-31	1987-12-31	1987-09-30	1987-06-30	1987-03-31	1986-12-31	1986-09-30	1986-06-30	1986-03-31	1985-12-31	1985-09-30
Cost Of Revenue	72,433	69,192	68,341	69,690	279,718	68,585	69,430	70,290	-2,660,687	80,238	70,927	65,558	-2,427,097	71,859	71,103	76,557	-2,715,220	70,341	68,420	67,489	-2,318,756	63,904	60,822	65,399	-2,325,233	64,339	53,432	65,188	-2,254,771	59,006	57,700	61,294	-1,972,293	60,788	64,537	65,692	-2,040,581	58,545	53,792	54,004	-1,891,909	54,087	54,015	58,063	-1,894,877	50,225	51,203	52,925	-1,812,120	53,027	55,098	58,672	-1,864,888	63,711	70,516	57,324	-2,226,488	53,766	51,364	53,486	174,828	44,350	43,169	681,480	158,810	41,289	702,174	708,041	176,563	694,102	734,130	670,617	150,201	652,128	632,864	629,963	111,285	584,644	543,920	523,548	91,295	506,196	490,887	469,066	-1,224,103	463,269	402,847	378,640	367,591	341,299	331,570	325,507	314,165	307,488	307,548	294,044	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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 And Amortization	18,086	18,237	18,506	17,411	17,743	18,948	23,446	22,253	22,192	20,022	19,262	17,580	17,846	17,635	16,956	16,026	17,318	16,248	16,079	15,085	15,061	15,158	14,424	14,148	13,726	14,092	14,260	13,265	6,683	6,844	6,501	6,357	6,511	6,217	6,643	7,107	7,909	6,751	6,634	6,760	6,872	6,796	8,102	8,817	9,071	9,203	9,184	9,516	10,061	10,022	10,154	10,420	11,063	12,591	8,519	8,562	9,377	8,897	9,051	8,367	7,119	6,843	6,626	6,449	6,838	6,665	6,525	6,296	6,459	6,202	5,869	5,732	5,555	4,568	4,597	4,061	4,261	4,096	3,925	3,910	4,426	4,132	4,048	3,520	3,071	2,504	2,455	2,203	3,552	1,838	1,605	1,482	1,887	1,766	1,648	1,625	1,996	4,300	-800	1,400	4,444	300	200	500	2,957	-100	1,600	700	1,867	800	700	1,100	936	900	1,100	800	1,200	1,300	1,400	1,100	1,200	1,700	1,800	1,000	0	0	0	800	700	-300	1,100	1,100	-600	1,100	1,500	700	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Ebit	149,307	-33,466	-79,716	-79,489	298,743	-124,630	-267,066	-248,854	39,134	886	139,636	136,764	211,371	150,893	289,734	-176,449	32,721	85,097	105,861	171,425	-110,191	74,543	77,502	-55,433	13,782	62,438	72,981	33,052	-50,230	32,637	65,295	26,984	24,794	13,052	5,280	30,609	-27,424	37,827	137,124	102,535	11,664	55,131	-24,747	91,308	-38,794	91,718	-18,475	102,404	111,592	-16,832	77,282	78,606	-48,394	137,472	17,209	82,909	42,968	230,860	162,793	141,649	-273,425	-251,655	97,742	-18,557	56,563	85,811	97,386	83,865	68,482	93,628	51,954	107,525	63,027	106,050	105,470	85,314	113,122	90,064	111,881	96,998	67,141	68,215	58,013	55,488	17,708	17,624	-6,518	35,954	26,851	41,941	33,284	30,460	32,313	33,882	31,943	37,709	42,939	34,700	42,300	53,600	43,780	55,800	69,200	71,300	67,979	56,500	49,200	41,100	37,490	38,500	34,600	29,200	31,223	32,800	29,200	22,900	18,800	20,800	21,700	22,300	31,100	31,700	33,700	29,800	0	0	0	23,700	20,700	22,900	21,400	18,900	15,900	15,900	15,900	9,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Ebitda	167,393	-15,229	-61,210	-62,078	316,486	-105,682	-243,620	-226,601	61,326	20,908	158,898	154,344	229,217	168,528	306,690	-160,423	50,039	101,345	121,940	186,510	-95,130	89,701	91,926	-41,285	27,508	76,530	87,241	46,317	-43,547	39,481	71,796	33,341	31,305	19,269	11,923	37,716	-19,515	44,578	143,758	109,295	18,536	61,927	-16,645	100,125	-29,723	100,921	-9,291	111,920	121,653	-6,810	87,436	89,026	-37,331	150,063	25,728	91,471	52,345	239,757	171,844	150,016	-266,306	-244,812	104,368	-12,108	63,401	92,476	103,911	90,161	74,941	99,830	57,823	113,257	68,582	110,618	110,067	89,375	117,383	94,160	115,806	100,908	71,567	72,347	62,061	59,008	20,779	20,128	-4,063	38,157	30,403	43,779	34,889	31,942	34,200	35,648	33,591	39,334	44,935	39,000	41,500	55,000	48,224	56,100	69,400	71,800	70,936	56,400	50,800	41,800	39,357	39,300	35,300	30,300	32,159	33,700	30,300	23,700	20,000	22,100	23,100	23,400	32,300	33,400	35,500	30,800	32,500	35,100	17,800	24,500	21,400	22,600	22,500	20,000	15,300	17,000	17,400	9,700	12,100	12,100	-700	10,400	6,500	8,300	9,800	5,300	3,200	5,500	9,100	4,000	5,200	-100	6,000	3,100	3,100	3,300
Effect Of Accounting Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Extraordinary Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross Profit	1,302,200	996,000	1,014,886	1,036,889	871,975	831,702	716,195	735,171	1,049,273	851,975	947,848	927,538	1,071,584	926,915	934,740	631,754	987,993	916,954	911,067	950,254	816,618	830,907	824,569	717,785	857,254	794,018	799,415	782,316	737,598	749,156	800,303	762,626	786,168	691,625	661,634	678,856	721,811	661,442	753,227	708,952	709,654	674,580	588,552	682,090	681,212	681,553	596,502	669,750	749,454	562,714	651,449	646,871	655,639	703,039	583,143	642,513	2,903,810	807,468	1,281,464	733,472	323,068	-42,920	744,728	669,372	624,266	750,098	806,085	798,202	619,421	793,932	794,953	783,874	616,697	762,746	742,931	719,338	593,886	678,804	659,726	624,456	514,657	578,543	552,948	528,074	487,293	483,397	398,784	416,797	397,994	385,078	366,459	357,449	348,365	343,136	341,139	333,378	324,876	319,300	320,700	315,700	303,723	309,200	308,000	301,200	300,546	292,700	277,000	257,700	228,264	211,500	198,200	168,000	180,479	174,200	168,000	160,900	155,000	144,600	136,900	140,600	135,300	135,600	132,600	130,400	127,500	127,500	130,800	129,500	130,400	132,100	132,600	134,300	131,700	133,700	132,700	131,200	138,300	138,200	116,400	123,800	120,700	115,300	111,900	103,200	100,200	95,700	93,100	83,700	95,700	63,900	54,400	47,800	46,300	33,100
Income Before Tax	237,945	-15,229	-61,210	-62,078	-17,342	-128,903	-271,340	-253,129	34,865	-3,381	135,401	132,421	207,110	146,631	285,466	-180,705	28,465	80,840	101,595	167,169	-114,448	70,286	73,246	-59,699	9,487	58,247	68,752	30,599	-51,270	31,625	64,335	26,034	23,930	12,267	4,511	29,859	-28,161	37,120	136,436	102,030	11,268	54,793	-24,959	90,994	-39,161	91,330	-18,853	101,994	110,693	-18,118	75,613	76,911	-50,097	135,839	15,358	81,290	41,298	229,226	160,914	140,103	-274,732	-253,318	96,256	-19,067	54,745	83,675	95,117	81,499	66,218	91,419	49,558	105,214	60,976	104,169	103,649	83,845	111,632	88,875	111,051	96,285	66,307	67,663	57,060	54,771	16,716	16,677	-7,563	34,838	24,447	39,967	31,798	28,597	30,240	32,045	30,232	36,038	168,539	53,900	67,100	78,800	235,280	82,800	98,400	98,000	209,779	82,000	71,100	63,200	136,590	56,700	51,500	45,500	114,323	49,800	0	39,100	33,000	31,400	31,000	36,000	43,600	47,300	49,200	46,100	46,700	49,000	34,500	38,700	34,600	37,100	35,400	32,800	28,600	29,300	28,900	21,800	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income Tax Expense	46,551	-7,002	-19,667	-16,790	-10,572	-30,600	-60,659	-56,212	4,392	-4,669	26,220	25,426	40,367	27,774	57,255	-41,501	-3,223	11,558	18,345	31,302	-32,569	11,708	13,066	-17,092	-10,292	11,762	17,119	3,619	-25,188	4,695	15,462	2,711	525	-3,003	-5,128	3,694	-7,205	5,824	41,476	29,381	-4,108	15,223	-15,695	24,533	-21,779	25,129	-13,589	28,638	31,224	-14,336	18,362	18,685	-26,450	38,990	-2,459	20,111	7,063	71,489	46,467	43,450	-106,387	-112,779	25,530	-15,106	10,153	20,397	25,608	21,046	16,086	23,192	11,746	46,568	14,757	31,155	30,047	23,421	37,503	23,746	32,917	27,469	17,081	18,048	13,688	12,663	-614	-1,843	-8,864	5,884	2,336	7,912	5,333	3,889	4,235	4,624	4,230	6,100	8,530	5,800	8,100	12,400	8,154	13,200	17,700	18,700	17,873	14,400	12,100	9,100	8,626	9,100	7,600	6,300	6,622	7,100	6,300	3,900	3,600	4,200	4,100	4,300	6,800	7,300	8,200	7,000	7,500	9,100	3,000	5,100	3,600	5,200	4,400	3,600	-3,600	3,000	3,100	600	-12,100	-12,100	700	-10,400	-6,500	-8,300	-9,800	-5,300	-3,200	-5,500	-9,100	-4,000	-5,200	100	-6,000	-3,100	-3,100	-3,300
Interest Expense	7,771	5,918	5,549	4,931	4,409	4,273	4,274	4,275	4,268	4,267	4,235	4,343	4,262	4,262	4,268	4,256	4,256	4,257	4,266	4,256	4,257	4,257	4,256	4,266	4,295	4,191	4,229	2,453	1,040	1,012	960	950	864	785	769	750	737	707	688	505	396	338	212	314	367	388	378	410	899	1,286	1,669	1,695	1,703	1,633	1,851	1,619	1,670	1,634	1,879	1,546	1,307	1,663	1,486	510	1,818	2,136	2,269	2,366	2,264	2,209	2,396	2,311	2,051	1,881	1,821	1,469	1,490	1,189	830	713	834	552	953	717	992	947	1,045	1,116	2,404	1,974	1,486	1,863	2,073	1,837	1,711	1,671	1,400	1,200	1,200	1,200	1,200	1,200	1,200	1,200	1,300	1,300	1,200	1,200	600	400	400	500	400	500	500	500	300	300	200	200	200	200	200	200	200	200	400	400	400	400	400	400	500	500	500	500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Income	0	5,918	5,549	4,931	4,410	4,273	4,274	4,275	4,268	4,267	4,235	4,343	4,262	4,262	4,268	4,256	4,256	4,257	4,266	4,256	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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Minority Interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	191,394	-8,227	-41,543	-45,288	-6,770	-98,303	-210,681	-196,917	30,473	1,288	109,181	106,995	166,743	118,857	228,211	-139,204	31,688	69,282	83,250	135,867	-81,879	58,578	60,180	-42,607	19,779	46,485	51,633	26,980	-26,082	26,930	48,873	23,323	23,405	15,270	9,639	26,165	-20,956	31,296	94,960	72,649	15,376	39,570	-9,264	66,461	-17,382	66,201	-5,264	73,356	79,469	-3,782	57,251	58,226	-23,647	96,849	17,817	61,179	34,235	157,737	114,447	96,653	-168,345	-141	70,726	-3,961	44,592	63,278	69,509	60,453	50,132	68,227	37,812	58,646	46,219	73,014	73,602	60,424	74,129	65,129	78,134	68,816	49,226	49,615	43,372	42,108	17,330	18,520	1,301	28,954	22,111	32,055	26,465	24,708	26,005	27,421	26,002	29,938	33,009	27,700	33,000	40,000	34,426	41,400	50,300	51,400	48,806	40,800	35,900	30,800	28,264	29,000	26,600	22,400	24,201	25,200	22,400	18,500	14,900	16,300	17,400	17,800	24,100	24,200	25,300	22,600	24,800	25,800	14,400	18,200	16,700	17,300	16,600	14,900	19,000	12,400	12,300	7,900	12,100	12,100	-700	10,400	6,500	8,300	9,800	5,300	3,200	5,500	9,100	4,000	5,200	-100	6,000	3,100	3,100	3,300
Net Income Applicable To Common Shares	0	-8,227	-41,543	-45,288	-6,771	-98,303	-210,681	-196,917	30,473	1,288	109,181	106,995	166,743	118,857	228,211	-139,204	31,688	69,282	83,250	135,867	-81,899	58,578	60,200	-42,607	19,779	46,485	51,633	26,980	-26,059	26,930	48,873	23,300	23,405	15,270	9,639	26,165	-20,956	31,296	94,960	72,649	15,376	39,570	-9,264	66,461	-17,382	66,201	-5,264	73,356	79,469	-3,782	57,251	58,226	55,349	96,849	17,817	61,179	34,235	157,737	114,447	96,653	0	-70,726	70,726	0	44,592	63,278	69,509	60,453	50,132	68,227	37,812	58,646	46,219	73,014	73,602	60,424	74,129	65,129	78,134	68,816	49,226	49,615	43,372	42,108	17,330	18,520	1,301	28,954	22,111	32,055	26,465	24,708	26,005	27,421	26,002	29,938	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income From Continuing Ops	191,394	-8,227	-41,543	-45,288	-6,770	-98,303	-210,681	-196,917	30,473	1,288	109,181	106,995	166,743	118,857	228,211	-139,204	147,652	69,282	83,250	135,867	-131,621	58,592	60,134	-42,607	64,146	46,485	51,681	26,981	-26,082	26,930	48,873	23,323	23,405	15,270	9,639	26,165	-20,956	31,296	94,960	72,649	55,282	39,570	-9,264	66,461	19,416	66,201	-5,264	73,356	79,469	-3,782	57,251	58,226	0	96,849	17,817	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-7,771	-5,918	-5,549	-4,931	-4,410	-4,273	-4,274	-4,275	-4,268	-4,267	-4,235	-4,343	-4,262	-4,262	-4,268	-4,256	-4,256	-4,257	-4,266	-4,256	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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non Recurring	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	155,928	-15,229	-61,210	-79,489	298,743	-124,630	-267,066	-248,854	39,134	886	139,636	136,764	3,533,119	150,893	289,734	-176,449	3,622,914	85,097	105,861	171,425	3,296,171	74,543	77,502	-55,433	3,258,364	62,438	72,981	33,052	3,105,689	32,637	65,295	26,984	2,962,663	13,052	5,280	30,609	2,736,187	37,827	137,124	102,535	2,700,213	55,131	-24,747	91,308	2,608,899	91,718	-18,475	102,404	2,642,879	-16,832	77,282	78,606	2,543,398	137,472	17,209	82,909	2,591,250	230,860	162,793	141,649	2,590,325	-251,655	97,742	-18,557	2,918,459	85,811	97,386	83,865	2,922,552	93,628	51,954	107,525	2,700,250	106,050	105,470	85,314	2,371,946	90,064	111,881	96,998	2,086,023	68,215	58,013	55,488	1,742,319	17,624	-6,518	35,954	26,851	41,941	33,284	30,460	32,313	33,882	31,943	37,709	42,939	34,700	42,300	53,600	43,780	55,800	69,200	71,300	67,979	56,500	49,200	41,100	37,490	38,500	34,600	29,200	31,223	32,800	0	22,900	18,800	20,800	21,700	22,300	31,100	31,700	33,700	29,800	32,500	35,100	17,800	23,700	20,700	22,900	21,400	18,900	15,900	15,900	15,900	9,000	12,100	12,100	-700	10,400	6,500	8,300	9,800	5,300	3,200	5,500	9,100	4,000	5,200	-100	6,000	3,100	3,100	3,300
Other Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	1,136,688	1,080,421	1,144,437	1,168,657	1,169,035	1,029,190	1,056,965	1,058,590	1,014,408	935,594	883,374	860,675	864,474	852,143	720,377	889,016	959,528	906,455	877,892	850,574	931,066	824,525	812,145	842,883	847,767	800,110	784,095	816,905	788,868	776,537	793,668	797,886	762,238	740,146	721,660	714,689	749,972	682,867	670,583	660,926	698,386	673,874	667,526	649,159	720,373	640,448	666,558	620,681	638,761	633,859	630,934	628,632	705,736	630,911	638,301	618,547	636,024	632,008	635,065	646,855	772,628	712,349	691,641	688,439	728,331	707,712	710,968	716,703	729,766	702,513	745,395	678,660	705,922	658,577	639,282	635,493	593,539	589,929	548,675	528,171	539,645	510,880	495,888	473,303	470,577	466,720	406,347	381,959	373,547	345,111	334,661	328,852	318,125	311,091	310,907	297,340	907,937	68,400	68,500	67,300	797,543	65,200	63,200	60,800	749,767	60,700	56,000	51,700	572,274	40,700	39,000	31,900	473,556	33,200	31,900	30,600	30,600	29,400	26,700	29,600	27,500	29,400	26,600	25,400	26,700	26,700	27,000	24,500	26,500	28,300	26,300	26,500	30,300	26,500	27,200	26,300	126,200	126,100	117,100	113,400	114,200	107,000	102,100	97,900	97,000	90,200	84,000	79,700	90,500	64,000	48,400	44,700	43,200	29,800
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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	18,086	18,237	18,506	17,411	17,743	18,948	23,446	22,253	22,192	20,022	19,262	17,580	17,846	17,635	16,956	16,026	17,318	16,248	16,079	15,085	15,061	15,158	14,424	14,148	13,726	14,092	14,260	13,265	6,683	6,844	6,501	6,357	6,511	6,217	6,643	7,107	7,909	6,751	6,634	6,760	6,872	6,796	8,102	8,817	9,071	9,203	9,184	9,516	10,061	10,022	10,154	10,420	11,063	12,591	8,519	8,562	9,377	8,897	9,051	8,367	7,119	6,843	6,626	6,449	6,838	6,665	6,525	6,296	6,459	6,202	5,869	5,732	5,555	4,568	4,597	4,061	4,261	4,096	3,925	3,910	4,426	4,132	4,048	3,520	3,071	2,504	2,455	2,203	3,552	1,838	1,605	1,482	1,887	1,766	1,648	1,625	1,996	4,300	-800	1,400	4,444	300	200	2,957	2,957	-100	1,600	700	1,867	800	700	700	936	900	1,100	800	1,200	1,300	1,400	1,100	1,200	1,700	1,800	1,000	0	0	0	800	700	-300	1,100	1,100	-600	1,100	1,500	700	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Research Development	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling And Marketing Expenses	0	2,400	2,300	1,900	1,800	2,300	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	0	0	0	16,931	0	0	0	0	0	0	0	0	0	0	0	10,509	16,963	14,541	17,529	7,000	7,000	7,000	13,700	37,400	0	0	0	39,600	0	0	0	44,000	0	0	0	23,000	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	0	0	0	0	0	0	0	0	0	0	0	2,700	2,200	2,400	2,000	1,800	2,100	2,000	1,700	1,600	2,700	1,700	1,400	1,300	1,500	1,400	1,600	1,300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax Provision	46,551	-7,002	-19,667	-16,790	-10,572	-30,600	-60,659	-56,212	4,393	-4,669	26,220	25,426	40,366	27,774	57,255	-41,501	-3,223	11,558	18,345	31,302	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Operating Expenses	3,203,703	-1,011,229	-1,076,096	-1,116,378	279,718	-956,332	-983,261	-1,054,315	-18,956	-851,089	-808,212	-790,774	-34,439	-776,022	-645,006	-808,203	80,299	-831,857	-805,206	-778,829	-160,797	-756,364	-747,067	-773,218	-75,877	-731,580	-726,434	-749,264	-113,320	-716,519	-735,008	-735,642	-204,202	-678,573	-656,354	-648,247	26,205	-623,615	-616,103	-606,417	-98,650	-619,449	-613,299	-590,782	-32,810	-589,835	-614,977	-567,346	-81,305	-579,546	-574,167	-568,265	-22,871	-565,567	-565,934	-559,604	312,560	-576,608	-1,118,671	-591,823	-2,267,257	-208,735	-646,986	-687,929	-2,294,193	-664,287	-708,699	-714,337	-2,303,131	-700,304	-742,999	-676,349	-2,083,553	-656,696	-637,461	-634,024	-1,778,060	-588,740	-547,845	-527,458	-1,571,366	-510,328	-494,935	-472,586	-30,923	-465,773	-405,302	-380,843	-371,143	-343,137	-333,175	-326,989	-316,052	-309,254	-309,196	-295,669	-281,937	-284,600	-278,400	-262,100	-259,943	-253,400	-238,800	-229,900	-232,567	-236,200	-227,800	-216,600	-190,774	-173,000	-163,600	-138,800	-149,256	-141,400	0	-138,000	-136,200	-123,800	-115,200	-118,300	-104,200	-103,900	-98,900	-100,600	-95,000	-92,400	-113,000	-105,800	-109,700	-109,200	-111,200	-115,400	-115,800	-117,800	-116,800	-122,200	-126,200	-126,100	-117,100	-113,400	-114,200	-107,000	-102,100	-97,900	-97,000	-90,200	-84,000	-79,700	-90,500	-64,000	-48,400	-44,700	-43,200	-29,800
Total Other Income Expense Net	4,609	3,917	10,186	17,411	-316,085	-4,273	-4,274	-4,275	2,141	2,481	2,197	3,204	1,478	2,894	1,353	2,562	1,840	2,603	2,350	2,250	2,167	2,427	2,356	2,325	2,270	5,446	2,124	2,105	1,878	2,406	1,887	2,123	2,088	2,281	2,276	2,266	2,005	2,275	2,090	2,301	2,199	2,685	2,521	2,333	2,384	2,532	2,544	2,714	663	3,508	4,443	3,270	3,063	1,761	2,180	1,293	1,711	895	694	1,667	788	1,313	1,202	1,294	1,258	1,324	1,225	1,347	1,456	1,263	1,129	1,337	1,097	1,294	1,424	1,623	1,325	1,368	965	1,117	1,060	1,111	1,331	1,241	1,073	44	538	418	2,329	1,355	438	1,274	1,966	538	2,088	1,757	-64,376	19,200	24,800	25,200	-74,704	27,000	29,200	26,700	-64,619	25,500	21,900	22,100	-49,367	18,200	16,900	16,300	-46,259	17,000	16,300	16,200	14,200	10,600	9,300	13,700	12,500	15,600	15,500	16,300	14,200	13,900	16,700	15,000	13,900	14,200	14,000	13,900	12,700	13,400	13,000	12,800	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Revenue	1,374,633	1,065,192	1,083,227	1,106,579	1,151,693	900,287	785,625	805,461	1,049,273	932,213	1,018,775	993,096	1,071,584	998,774	1,005,843	708,311	987,993	987,295	979,487	1,017,743	816,618	894,811	885,391	783,184	857,254	858,357	852,847	847,504	737,598	808,162	858,003	823,920	786,168	752,413	726,171	744,548	721,811	719,987	807,019	762,956	709,654	728,667	642,567	740,153	681,212	731,778	647,705	722,675	749,454	615,741	706,547	705,543	655,639	766,750	653,659	699,837	677,322	861,234	1,332,828	786,958	497,896	1,430	787,897	669,372	783,076	791,387	806,085	798,202	795,984	793,932	794,953	783,874	766,898	762,746	742,931	719,338	705,171	678,804	659,726	624,456	605,952	578,543	552,948	528,074	487,293	483,397	398,784	416,797	397,994	385,078	366,459	357,449	348,365	343,136	341,139	333,378	324,876	319,300	320,700	315,700	303,723	309,200	308,000	301,200	300,546	292,700	277,000	257,700	228,264	211,500	198,200	168,000	180,479	174,200	168,000	160,900	155,000	144,600	136,900	140,600	135,300	135,600	132,600	130,400	127,500	127,500	130,800	129,500	130,400	132,100	132,600	134,300	131,700	133,700	132,700	131,200	138,300	138,200	116,400	123,800	120,700	115,300	111,900	103,200	100,200	95,700	93,100	83,700	95,700	63,900	54,400	47,800	46,300	33,100

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

Gross Profit (+$)
totalRevenue	4,629,631
Cost of Revenue	-279,656
Gross Profit	4,349,975	4,349,975

Operating Income (+$)
Gross Profit	4,349,975
Operating Expense	--4,250,547
Operating Income	99,428	8,600,522

Operating Expense (+$)
Research Development	0
Selling General Administrative	0
Selling And Marketing Expenses	0
Operating Expense	-4,250,547	0

Net Interest Income (+$)
Interest Income	0
Interest Expense	-24,169
Other Finance Cost	-3,361
Net Interest Income	-20,808

Pretax Income (+$)
Operating Income	99,428
Net Interest Income	-20,808
Other Non-Operating Income Expenses	0
Income Before Tax (EBT)	99,428	79,819 EBIT - interestExpense = 3,019 99,428 120,505
Interest Expense	24,169
Earnings Before Interest and Taxes (EBIT)	27,188	123,597
Earnings Before Interest and Taxes (EBITDA)	99,428

After tax Income (+$)
Income Before Tax	99,428
Tax Provision	--54,031
Net Income From Continuing Ops	-101,828	153,459
Net Income	96,336
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	4,530,203
Total Other Income/Expenses Net	19,609	20,808

Technical Analysis of Mercury General Corporation
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 Mercury General Corporation. The general trend of Mercury General Corporation is BULLISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Mercury General Corporation'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 (100.0%)		Bearish trend (-100.0%)
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 Mercury General Corporation.

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: .

The bearish price targets are: 53.55 > 49.50 > 46.81.

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Mercury General Corporation 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 Mercury General Corporation. The current mas is .

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

MA 20 trending up: The MA 20 is trending up. +1
Close > MA 20: The price is above the MA 20. +1
MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
MA 50 trending up: The MA 50 is trending up. +1
Close > MA 50: The price is above the MA 50. +1
MA 50 > MA 100: The MA 50 is higher 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 above 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 above 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.

Mercury General Corporation 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 Mercury General Corporation. The current macd is 1.22538271.

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

MACD line > signal line: The MACD line is above the signal 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 Mercury General Corporation price going up in the near term. +2
MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Mercury General Corporation. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Mercury General Corporation price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1

Mercury General Corporation 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 Mercury General Corporation. The current adx is 41.16.

The long score for the Directional Movement Index (DMI) is 4/7.
The longshort score for the Directional Movement Index (DMI) is 4/(-7 +7).

PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Mercury General Corporation shares, leading to potential upward momentum in its price. +1
PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.

Mercury General Corporation 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 Mercury General Corporation. The current sar is 49.97.

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

Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1

Mercury General Corporation 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 Mercury General Corporation. The current rsi is 65.06. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing 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.

Mercury General Corporation 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 Mercury General Corporation. The current phase is Overbought in bull market.

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

STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
STOCH > 80: The STOCH %K is above 80 and overbought. +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 Mercury General Corporation price going up in the near term. +2
Trending up: The STOCH %K is trending up. +1

Mercury General Corporation 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 Mercury General Corporation. The current cci is 125.93.

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

CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1

Mercury General Corporation 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 Mercury General Corporation. The current cmo is 32.80.

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

CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1

Mercury General Corporation 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 Mercury General Corporation. The current willr is -18.87485513.

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

WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1

Mercury General Corporation 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 Mercury General Corporation.

Mercury General Corporation 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 Mercury General Corporation. The current atr is 1.57857804.

Mercury General Corporation 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 Mercury General Corporation. The current obv is -8,643,396.

Mercury General Corporation 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 Mercury General Corporation. The current mfi is 40.63.

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

Mercury General Corporation Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

Type	Notification	Date
Currently no notifications for Mercury General Corporation.

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

6.3. Candlestick Patterns

Mercury General Corporation Daily Candlestick Chart

Date	Candlestick Pattern

6.4. Technical Score

Let's check the technical score of Mercury General Corporation based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	65.059
Ma 20	Greater than	Ma 50	51.449
Ma 50	Greater than	Ma 100	48.921
Ma 100	Greater than	Ma 200	43.790
Open	Greater than	Close	52.840
Total			4/5 (80.0%)

Create your own Symbol Scanner

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Quick analysis of Mercury General Corporation (30 sec.)

What can you expect buying and holding a share of Mercury General Corporation? (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 Mercury General Corporation (5 min.)

$53.63

$27.96

$94.30 - $126.15

$122.26 - $154.11

2. Growth of Mercury General Corporation (5 min.)

Is Mercury General Corporation growing?

How much money is Mercury General Corporation making?

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

3. Financial Health of Mercury General Corporation (5 min.)

What can you expect buying and holding a share of Mercury General Corporation? (5 min.)

What can you expect buying and holding a share of Mercury General Corporation?

Speculation

Investing

How much money are you going to get?

When do you get the money?

How sure are you?

Linear %

Fundamentals of Mercury General Corporation

About Mercury General Corporation

Financial Health

Valuation

1.1. Profitability of Mercury General Corporation.

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 Mercury General Corporation.

1.2. Operating Efficiency

1.2.1. Operating Margin

Trends

1.2.2. Operating Ratio

Trends

1.3. Liquidity of Mercury General Corporation.

1.3. Liquidity

1.3.1. Current Ratio

Trends

1.3.2. Quick Ratio

Trends

1.4. Solvency of Mercury General Corporation.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Trends

1.4.2. Debt to Equity Ratio

Trends

2. Market Valuation of Mercury General Corporation

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

Mercury General Corporation
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