Monster Beverage Corp
Buy, Hold or Sell?

Let's analyse Monster Beverage Corp together

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

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

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Quick analysis of Monster Beverage Corp (30 sec.)

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

How much money do you get?

$0.01

When do you have the money?

1 year

How often do you get paid?

25.0%

What is your share worth?

Current worth

$8.16

Expected worth in 1 year

$9.34

How sure are you?

75.0%

+ What do you gain per year?

Total Gains per Share

$1.18

Return On Investment

2.4%

For what price can you sell your share?

Current Price per Share

$49.34

Expected price per share

$45.06 - $55.80

How sure are you?

50%

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1. Valuation of Monster Beverage Corp (5 min.)

Live pricePrice per Share (EOD)

$49.34

Book Value per Share

$8.16

Intrinsic Value Per Share

$8.99 - $18.92

Total Value Per Share

$17.15 - $27.08

My calculation of the intrinsic value of Monster Beverage Corp is based how much money is coming from the company's main activities (Free Cash Flow).

The following numbers are based on moving averages and per share and per quarter.
I use a 6% discount rate for the low estimation and 3% for the high estimation.
The current Free Cash Flow Per Share is 10Y: ($0.21) 3Y: ($0.27) TTM: ($0.34)
The change per quarter (trend) of the Free Cash Flow Per Share is 10Y: ($0.00) 3Y: ($0.01) TTM: ($-0.01)

Years	Total Low est.	Total High est.	Added Free Cash Flow
1	$0.84	$1.20	$0.91 - $1.31
2	$1.71	$2.59	$0.99 - $1.54
3	$2.60	$4.14	$1.06 - $1.77
4	$3.50	$5.85	$1.14 - $1.99
5	$4.42	$7.72	$1.22 - $2.22
6	$5.33	$9.72	$1.30 - $2.45
7	$6.25	$11.85	$1.38 - $2.68
8	$7.17	$14.09	$1.46 - $2.90
9	$8.09	$16.45	$1.54 - $3.13
10	$8.99	$18.92	$1.62 - $3.36

2. Growth of Monster Beverage Corp (5 min.)

Is Monster Beverage Corp growing?

	Current year	Previous year	Grow	Grow %
How rich?	$8.5b	$7b	$1.1b	13.8%

How much money is Monster Beverage Corp making?

	Current year	Previous year	Grow	Grow %
Making money	$418.8m	$323.7m	$95.1m	22.7%
Net Profit Margin	22.8%	19.9%	-	-

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

Quarterly Yearly

3. Financial Health of Monster Beverage Corp (5 min.)

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

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

What can you expect buying and holding a share of Monster Beverage Corp?

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

Speculation

The Price per Share of Monster Beverage Corp is $49.34. 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 Monster Beverage Corp.
The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Monster Beverage Corp, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $8.16. Based on the TTM, the Book Value Change Per Share is $0.29 per quarter. Based on the YOY, the Book Value Change Per Share is $0.14 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 $0.00 per quarter.

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

How much money are you going to get?

	MRQ		TTM		YOY		5Y		10Y
	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share
Usd Eps	0.42	0.9%	0.40	0.8%	0.30	0.6%	0.32	0.7%	0.24	0.5%
Usd Book Value Change Per Share	0.34	0.7%	0.29	0.6%	0.14	0.3%	0.24	0.5%	0.18	0.4%
Usd Dividend Per Share	0.00	0.0%	0.00	0.0%	0.00	0.0%	0.00	0.0%	0.00	0.0%
Usd Total Gains Per Share	0.34	0.7%	0.30	0.6%	0.15	0.3%	0.24	0.5%	0.18	0.4%
Usd Price Per Share	59.28	-	56.82	-	83.80	-	74.67	-	82.43	-
Price to Earnings Ratio	35.24	-	36.08	-	71.91	-	60.06	-	302.39	-
Price-to-Total Gains Ratio	173.71	-	479.23	-	360.72	-	363.20	-	-90.64	-
Price to Book Ratio	7.27	-	7.38	-	12.80	-	13.93	-	24.87	-
Price-to-Total Gains Ratio	173.71	-	479.23	-	360.72	-	363.20	-	-90.64	-

When do you get the money?

Usd Investment	$.00
Usd Price Per Share	49.34
Number of shares	20

Gains per Quarter	Trailing 12 Months	5 Year
Usd Dividend Per Share	0.00	0.00
Usd Book Value Change Per Share	0.29	0.24
Usd Total Gains Per Share	0.30	0.24
Gains per Quarter (20 shares)	5.91	4.81
Gains per Year (20 shares)	23.65	19.22

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	0	24	14	0	19	9
2	0	47	38	0	38	28
3	0	71	62	0	57	47
4	0	94	86	0	77	66
5	1	118	110	0	96	85
6	1	141	134	0	115	104
7	1	165	158	1	134	123
8	1	188	182	1	153	142
9	1	212	206	1	172	161
10	1	235	230	1	191	180

How sure are you?

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

Linear %

	Trailing 12 Months				3Y				5 Year				10 Year				ALLTIME
				%				%				%				%				%
Earnings Per Share	4.0	0.0	0.0	100.0%	12.0	0.0	0.0	100.0%	20.0	0.0	0.0	100.0%	40.0	0.0	0.0	100.0%	116.0	8.0	3.0	91.3%
Book Value Change Per Share	4.0	0.0	0.0	100.0%	11.0	1.0	0.0	91.7%	18.0	2.0	0.0	90.0%	30.0	10.0	0.0	75.0%	97.0	25.0	5.0	76.4%
Dividend per Share	2.0	0.0	2.0	50.0%	5.0	0.0	7.0	41.7%	6.0	0.0	14.0	30.0%	10.0	0.0	30.0	25.0%	10.0	0.0	117.0	7.9%
Total Gains per Share	4.0	0.0	0.0	100.0%	11.0	1.0	0.0	91.7%	18.0	2.0	0.0	90.0%	30.0	10.0	0.0	75.0%	97.0	25.0	5.0	76.4%

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Fundamentals of Monster Beverage Corp

About Monster Beverage Corp

https://www.monsterbevcorp.com
5254
1 Monster Way, Corona, CA, United States, 92879
Google Maps Bing Maps

Monster Beverage Corporation, through its subsidiaries, engages in development, marketing, sale, and distribution of energy drink beverages and concentrates in the United States and internationally. The company operates through three segments: Monster Energy Drinks, Strategic Brands, Alcohol Brands, and Other. It offers carbonated non-carbonated energy drinks, ready-to-drink iced teas, lemonades, juice cocktails, single-serve juices and fruit beverages, ready-to-drink dairy and coffee drinks, energy drinks, sports drinks and single-serve still waters, and sodas that are considered natural, sparkling juices, and flavored sparkling beverages. The company sells its products to full service beverage bottlers/distributors, retail grocery and specialty chains, wholesalers, club stores, mass merchandisers, convenience chains, food service customers, value stores, e-commerce retailers, and the military; and concentrates and/or beverage bases to authorized bottling and canning operations. It provides its products under the Monster Energy, Monster Energy Ultra, Monster Rehab, Monster Energy Nitro, Java Monster, Punch Monster, Juice Monster, Muscle Monster, Espresso Monster, Monster Tour Water, Fury, Monster MAXX, Caffe Monster, Monster Hydro, Monster HydroSport Super Fuel, Monster Dragon Tea, Reign Total Body Fuel, and Reign Inferno Thermogenic Fuel, Reign Storm, Bang Energy, NOS, Full Throttle, Burn, Mother, Nalu, Ultra Energy, Play and Power Play (stylized), Relentless, BPM, BU, Gladiator, Samurai, Live+, Predator, and Fury brands. The company was formerly known as Hansen Natural Corporation and changed its name to Monster Beverage Corporation in January 2012. Monster Beverage Corporation was founded in 1985 and is headquartered in Corona, California.

Fundamental data was last updated by Penke on 2024-06-18 03:56:03.

Financial Health

Profitability Details

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

Operating Efficiency Details

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

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 very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details

	Compared to previous year	Compared to industry
Based on the equity, the company is overpriced.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is fair priced.

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1.1. Profitability of Monster Beverage Corp.

1.1. Profitability

1.1.1. Net Profit Margin

Measures how much net profit Monster Beverage Corp earns for each $1 of revenue.

Above 10% is considered healthy but always compare Monster Beverage Corp to the Beverages - Non-Alcoholic industry mean.
A Net Profit Margin of 23.3% means that $0.23 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Monster Beverage Corp:

The MRQ is 23.3%. The company is making a huge profit. +2
The TTM is 22.8%. The company is making a huge profit. +2

Trends

Current period		Compared to		+/-
MRQ	23.3%	TTM	22.8%	+0.5%
TTM	22.8%	YOY	19.9%	+2.9%
TTM	22.8%	5Y	24.5%	-1.7%
5Y	24.5%	10Y	24.2%	+0.3%

Measures how much net profit Monster Beverage Corp earns for each $1 of revenue.

Revenue is the amount of profit Monster Beverage Corp generates before taxes and all other costs. For example, when you buy a cup of coffee it will cost you $3. The company does not earn $3 in profit but also has to pay various costs and taxes to create that cup of coffee. Let's assume the cost of creating a cup of coffee is $1.5.

The $3 you pay for a cup of coffee is called revenue.
The $1.5 that’s left over when all costs to create that cup of coffee (including taxes) are deduced from the revenue is called net profit.

The net profit margin looks at how much net profit Monster Beverage Corp earns for each $1 in revenue.

How to use net profit margin

Higher profit margin is better (more profit).
Above 10% is considered healthy but always compare Monster Beverage Corp to the Beverages - Non-Alcoholic industry mean.
Can be used to compare companies within the Beverages - Non-Alcoholic industry.

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

Why do investors use net profit margin in their analysis

It helps investors to determine the efficiency of Monster Beverage Corp. If profit margins remain low (compared to the Beverages - Non-Alcoholic 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 Monster Beverage Corp is 0.23. This means that Monster Beverage Corp earned $0.23 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 Beverages - Non-Alcoholic industry is .
What is the trend?
The trend is important because it shows you how Monster Beverage Corp is performing over time. The most recent quarter might be important if Monster Beverage Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Monster Beverage Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare Monster Beverage Corp with other companies in the same industry (Beverages - Non-Alcoholic).
Net profit margin should rise over the years.
Can be influenced when Monster Beverage Corp sells assets (profit will increase while costs remain the same).
It won’t show what part of Monster Beverage Corp is doing great or needs improvement (it only looks at total revenue and total net income).

How to calculate net profit margin

Net profit margin = net income / total revenue * 100%

Real example of Monster Beverage Corp

You need the following data to determine net profit margin:

Income statement from the period you want to calculate (for example, MRQ or TTM).

Net income MRQ Monster Beverage Corp = 442,049
Total revenue MRQ Monster Beverage Corp = 1,899,098
$442,049 / $1,899,098 = 0.23 or 23.3%

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 Monster Beverage Corp is using its assets to generate profit.

Above 5% is considered healthy but always compare Monster Beverage Corp to the Beverages - Non-Alcoholic industry mean.
4.4% Return on Assets means that Monster Beverage Corp generated $0.04 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Monster Beverage Corp:

The MRQ is 4.4%. Using its assets, the company is less efficient in making profit.
The TTM is 4.4%. Using its assets, the company is less efficient in making profit.

Trends

Current period		Compared to		+/-
MRQ	4.4%	TTM	4.4%	+0.0%
TTM	4.4%	YOY	3.9%	+0.5%
TTM	4.4%	5Y	4.9%	-0.5%
5Y	4.9%	10Y	4.8%	+0.0%

Shows how efficient Monster Beverage Corp is using its assets to generate profit.

For a farm, a tractor is considered an asset. The tractor helps ploughing the land making it possible to plant and harvest crops. But the tractor might be old and needing maintenance all the time reducing its efficiency. Return on assets indicates how effectively the farm is using the tractor (and other assets that help the core business) to plough the land.

How to use return on assets

Higher is better.
Above 5% is considered healthy but always compare Monster Beverage Corp to the Beverages - Non-Alcoholic 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 Monster Beverage Corp is using its resources to generate profit. If the return on assets (4.4%) from Monster Beverage Corp are higher than the Beverages - Non-Alcoholic mean () that means Monster Beverage Corp is using its resources better than their competitors. If not, that means their competitors are more efficient in using their resources to generate profit.

An investor should always look at:

What is the current return on assets?
The current most recent quarter (MRQ) Return on Assets of Monster Beverage Corp is 4.4%. This means the company generated $0.04 for each $1 in assets.
How does it compare to the industry?
The mean MRQ Return on Assets of the Beverages - Non-Alcoholic industry is .
What is the trend?
The trend is important because it shows you how Monster Beverage Corp is performing over time. The most recent quarter might be important if Monster Beverage Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Monster Beverage Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
If a company has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

How to calculate return on assets

Return on assets = net income / total assets * 100%

Real example Monster Beverage Corp

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

Income statement
Balance sheet

Net income MRQ (income statement) from Monster Beverage Corp = 442,049
Total assets MRQ (balance sheet) from Monster Beverage Corp = 10,098,066
442,049 / 10,098,066 = 0.04 or 4.4%

ROA is an important ratio as it will tell you how effectively Monster Beverage Corp is using its resources to generate profits. Example:

Bob and Kristin both sell ice cream in the summer. They both have an ice cream truck. The truck Bob owes cost him $20.000 and the truck Kristin owes cost her $1500. Over the summer, Bob earned $2000 and Kristin earned $200. To calculate the return on assets:

Bob: $2000 / $20.000 * 100% = 10%
Kristin: $200 / $1500 * 100% = 13.3%

This tells you Bob’s company is more valuable but Kristin's company is more efficient. Be aware that total assets can change over time. A transportation business will buy and sell trucks or planes all the time. Before using return on assets as a guideline, you have to know what the exact assets are. For a company that has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

1.1.3. Return on Equity

Shows how efficient Monster Beverage Corp is using its investors money to generate profit.

Above 15%-20% is considered healthy but always compare Monster Beverage Corp to the Beverages - Non-Alcoholic industry mean.
5.2% Return on Equity means Monster Beverage Corp generated $0.05 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Monster Beverage Corp:

The MRQ is 5.2%. Using its investors money, the company is less efficient in making profit.
The TTM is 5.2%. Using its investors money, the company is less efficient in making profit.

Trends

Current period		Compared to		+/-
MRQ	5.2%	TTM	5.2%	0.0%
TTM	5.2%	YOY	4.6%	+0.6%
TTM	5.2%	5Y	5.9%	-0.7%
5Y	5.9%	10Y	6.0%	-0.1%

Shows how efficient Monster Beverage Corp is using its investors money to generate profit.

A publicly traded company (any company that issues shares to the public) is owned by its shareholders. Return on equity calculates the amount of profit for every $1 the shareholders invested.

How to use return on equity

Higher is better.
Above 15%-20% is considered healthy but always compare Monster Beverage Corp to the Beverages - Non-Alcoholic 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 Beverages - Non-Alcoholic 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 Monster Beverage Corp is 5.2%. This means Monster Beverage Corp generated $0.05 for each $1 the owners (shareholders) invested.
How does it compare to the industry?
The mean MRQ Return on Equity of the Beverages - Non-Alcoholic industry is .
What is the trend?
The trend is important because it shows you how Monster Beverage Corp is performing over time. The most recent quarter might be important if Monster Beverage Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Monster Beverage Corp up to 10 years back (depending if Monster Beverage Corp existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Does not include intangible assets (non physical assets like licences, computer software, etc.).
Stockholders equity and shareholders equity refer to the same thing.
Liabilities should not be more than three times return on equity.

How to calculate return on equity

Return on equity = net profit / shareholders equity * 100%

Real example of Monster Beverage Corp

You need the following data to determine ROE:

Income statement
Balance sheet
Net profit MRQ (income statement) Monster Beverage Corp = 442,049
Shareholders equity (balance sheet) MRQ Monster Beverage Corp = 8,577,789
442,049 / 8,577,789 = 0.05 or 5.2%

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.

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1.2. Operating Efficiency of Monster Beverage Corp.

1.2. Operating Efficiency

1.2.1. Operating Margin

Measures how efficient Monster Beverage Corp is operating .

Measures how much profit Monster Beverage Corp makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
Above 15% is considered healthy but always compare Monster Beverage Corp to the Beverages - Non-Alcoholic industry mean.
An Operating Margin of 28.5% means the company generated $0.29 for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Monster Beverage Corp:

The MRQ is 28.5%. The company is operating very efficient. +2
The TTM is 27.8%. The company is operating very efficient. +2

Trends

Current period		Compared to		+/-
MRQ	28.5%	TTM	27.8%	+0.7%
TTM	27.8%	YOY	25.0%	+2.8%
TTM	27.8%	5Y	30.1%	-2.3%
5Y	30.1%	10Y	31.0%	-0.9%

Measures how efficient Monster Beverage Corp is operating .

The more effecient a company creates products or provides services, the more profit it generates.

How to use operating margin

Higher is better
Above 15% is considered healthy but always compare Monster Beverage Corp to the Beverages - Non-Alcoholic 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 Monster Beverage Corp is making from it’s core business.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Operating Margin of Monster Beverage Corp is 28.5%. This means that Monster Beverage Corp earned $0.29 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Margin of the Beverages - Non-Alcoholic industry is .
What is the trend?
The trend is important because it shows you how Monster Beverage Corp is performing over time. The most recent quarter might be important if Monster Beverage Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Monster Beverage Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Can be calculated in different ways

How to calculate operating margin

Operating margin = operating earnings / total revenue

Real example of Monster Beverage Corp

You need the following data to determine operating margin:

Income statement
Operating earnings MRQ Monster Beverage Corp = 541,991
Total revenue MRQ Monster Beverage Corp = 1,899,098
$541,991 / $1,899,098 = 0.29 or 28.5%

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 Monster Beverage Corp is keeping operating costs low.

Below 1 is considered healthy (always compare to Beverages - Non-Alcoholic industry mean).
An Operation Ratio of 0.71 means that the operating costs are $0.71 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Monster Beverage Corp:

The MRQ is 0.715. The company is efficient in keeping operating costs low. +1
The TTM is 0.841. The company is less efficient in keeping operating costs low.

Trends

Current period		Compared to		+/-
MRQ	0.715	TTM	0.841	-0.126
TTM	0.841	YOY	0.743	+0.098
TTM	0.841	5Y	0.718	+0.123
5Y	0.718	10Y	0.689	+0.028

Measures how efficient Monster Beverage Corp is keeping operating costs low.

If the operating ratio is below 1 that means the company is making money. The lower the operating ratio, the more efficient the company.

How to use operating ratio

Lower is better.
Below 1 is considered healthy but always compare Monster Beverage Corp to the Beverages - Non-Alcoholic 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 Monster Beverage Corp is 71.5%. This means that Monster Beverage Corp earned $0.71 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 Beverages - Non-Alcoholic industry is .
What is the trend?
The trend is important because it shows you how Monster Beverage Corp is performing over time. The most recent quarter might be important if Monster Beverage Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Monster Beverage Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
You need COGS to calculate operating ratio which is not always shown in the income statement.
Does not consider debt.

How to calculate operating ratio

Operating ratio = Operating expenses + COGS \ Net sales

Real life example Monster Beverage Corp

You need the following data to determine operating ratio:

Income statement

COGS is not always specified on the income statement. If so you can use the following calculation:

(cost of revenue + total operating expenses) \ total revenue
(871,969 +485,138) \ 1,899,098 = 0.71

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.

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1.3. Liquidity of Monster Beverage Corp.

1.3. Liquidity

1.3.1. Current Ratio

Measures if Monster Beverage Corp is able to pay off Short-term Debt.

Above 1.5 is considered healthy (always compare to Beverages - Non-Alcoholic industry mean).
A Current Ratio of 4.91 means the company has $4.91 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Monster Beverage Corp:

The MRQ is 4.912. The company is very able to pay all its short-term debts. +2
The TTM is 4.773. The company is very able to pay all its short-term debts. +2

Trends

Current period		Compared to		+/-
MRQ	4.912	TTM	4.773	+0.139
TTM	4.773	YOY	4.424	+0.349
TTM	4.773	5Y	4.203	+0.570
5Y	4.203	10Y	4.210	-0.006

Measures if Monster Beverage Corp is able to pay off Short-term Debt.

How to use current ratio

Higher is better
Above 1.5 is considered healthy (always compare to Beverages - Non-Alcoholic 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 Monster Beverage Corp if something happens in the market that will cause sales to plummet.

The three steps every investor should look at:

What is the current current Ratio?
The current most recent quarter (MRQ) Current Ratio of Monster Beverage Corp is 4.91. This means Monster Beverage Corp has $4.91 in assets for each $1 in short-term debts.
How does it compare to the industry?
The mean MRQ Current Ratio of the Beverages - Non-Alcoholic industry is .
What is the trend?
The trend is important because it shows you how Monster Beverage Corp is performing over time. The most recent quarter might be important if Monster Beverage Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Monster Beverage Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Might be deluded.
Not all assets can always be quickly sold.
Can be manipulated by increasing or decreasing the assets and/or liabilities.

How to calculate current ratio

Current ratio = current assets \ current liabilities

Real life example Monster Beverage Corp

You need the following data to determine operating ratio:

Balance sheet
Current ratio = current assets \ current liabilities
6,035,514 \ 1,228,828) = 4.91

The current ratio measures if Monster Beverage Corp is able to pay short-term debts (obligations). Short term in this context means all debt obligations that are about to expire within one year. The current ratio incorporates current liabilities and current assets. Current assets are all the assets a company has that are expected to be consumed or sold within standard business operations. You can find the current assets in the balance sheet. They consist of:

Inventory
Accounts receivable
Marketable securities
Prepaid expenses
Cash
Cash equivalents
liquid assets

The current liabilities are short term obligations that are due within one year. These consist of:

Short term debts
Dividends
Income taxes
Short-term debts
Accounts payable
Interest payments

The result shows an investor if Monster Beverage Corp is able to pay all its short-term debts if they were due all at once. When the result of the above formula is below 1, then Monster Beverage Corp does not have enough capital after selling all its assets to pay all short-term debts. If the ratio drops far below 1 that might indicate Monster Beverage Corp is or will be in financial trouble anytime soon.

Although this gives an investor some clues, the current ratio may also be deluded. Because owning assets does not mean the company can easily sell them. Also, Accounts receivable may be quite old (they will probably never pay) which deludes the current ratio. As with all ratios, you should only compare them between the same industries and companies.

1.3.2. Quick Ratio

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

Above 1 is considered healthy but always compare Monster Beverage Corp to the Beverages - Non-Alcoholic industry mean.
A Quick Ratio of 4.81 means the company can pay off $4.81 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Monster Beverage Corp:

The MRQ is 4.814. The company is very able to pay all its short-term debts with the most liquid assets. +2
The TTM is 4.826. The company is very able to pay all its short-term debts with the most liquid assets. +2

Trends

Current period		Compared to		+/-
MRQ	4.814	TTM	4.826	-0.013
TTM	4.826	YOY	4.709	+0.117
TTM	4.826	5Y	4.485	+0.341
5Y	4.485	10Y	4.566	-0.081

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

How to use quick ratio

Higher is better.
Above 1 is considered healthy but always compare Monster Beverage Corp to the Beverages - Non-Alcoholic 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 Monster Beverage Corp can pay off its short term debts. This shows if Monster Beverage Corp can survive emergencies due to market changes or other reasons.

The three steps every investor should look at:

What is the current Quick Ratio?
The current most recent quarter (MRQ) quickRatio of Monster Beverage Corp is 4.81. This means that Monster Beverage Corp can pay off $4.81 for each $1 in debt (using most liquid assets).
How does it compare to the industry?
The mean MRQ Quick Ratio of the Beverages - Non-Alcoholic industry is .
What is the trend?
The trend is important because it shows you how Monster Beverage Corp is performing over time. The most recent quarter might be important if Monster Beverage Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Monster Beverage Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Incorporates only most liquid assets.

How to calculate quick ratio

Quick ratio = cash and equivalents + marketable securities + accounts receivable / current liabilities

Real life example Monster Beverage Corp

You need the following data to determine operating ratio:

Balance sheet
Quick ratio = cash and short-term investments + short-term investments + netReceivables / total current liabilities
MRQ quick ratio Monster Beverage Corp: (3,560,725 + 984,201 +1,370,239) / 1,228,828 = 4.81

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.

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1.4. Solvency of Monster Beverage Corp.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Measures how much % of Monster Beverage Corp assets are financed with debt.

Below 1 (100%) is considered healthy but always compare Monster Beverage Corp to Beverages - Non-Alcoholic industry mean.
A Debt to Asset Ratio of 0.15 means that Monster Beverage Corp assets are financed with 15.1% credit (debt) and the remaining percentage (100% - 15.1%) is financed by its owners/shareholders.

Let's take a look of the Debt to Asset Ratio trends of Monster Beverage Corp:

The MRQ is 0.151. The company is very able to pay all its debts by selling its assets. +2
The TTM is 0.152. The company is very able to pay all its debts by selling its assets. +2

Trends

Current period		Compared to		+/-
MRQ	0.151	TTM	0.152	-0.002
TTM	0.152	YOY	0.163	-0.011
TTM	0.152	5Y	0.171	-0.018
5Y	0.171	10Y	0.187	-0.016

Measures how much % of Monster Beverage Corp assets are financed with debt.

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

How to use debt to asset ratio

Lower is better.
below 1 (100%) is considered healthy but always compare Monster Beverage Corp to Beverages - Non-Alcoholic 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 Monster Beverage Corp is 0.15. This means means that Monster Beverage Corp is financed with 15.1% 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 Beverages - Non-Alcoholic industry is .
What is the trend?
The trend is important because it shows you how Monster Beverage Corp is performing over time. The most recent quarter might be important if Monster Beverage Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Monster Beverage Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Some companies can have higher debt to assets ratio's (for example, banks).
Debt to asset ratio should improve over the years.
If the debt to asset ratio is above 1, look at the industry mean and find out why Monster Beverage Corp has so much debt.

How to calculate debt to asset ratio

Debt to asset ratio = total debt \ total assets

Real life example Monster Beverage Corp

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

Balance sheet
Debt to asset ratio = total debt \ total assets
1,520,277 \ 10,098,066 = 15.1% or 0.15.

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 Monster Beverage Corp is able to pay off its debts by using shareholders equity.

Below 2 is considered healthy but always compare Monster Beverage Corp to the Beverages - Non-Alcoholic industry mean.
A Debt to Equity ratio of 17.7% means that company has $0.18 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Monster Beverage Corp:

The MRQ is 0.177. The company is very able to pay all its debts with equity. +2
The TTM is 0.180. The company is very able to pay all its debts with equity. +2

Trends

Current period		Compared to		+/-
MRQ	0.177	TTM	0.180	-0.002
TTM	0.180	YOY	0.195	-0.016
TTM	0.180	5Y	0.207	-0.027
5Y	0.207	10Y	0.232	-0.026

Measures if Monster Beverage Corp is able to pay off its debts by using shareholders equity.

How to use debt to equity ratio

Lower is better.
Below 2 is considered healthy (always use industry average).
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to shareholders equity ratio in their analysis

It shows how much debt the company uses to finance their operations. Shareholders equity is whats left over when you subtract total liabilities from total assets. It's another way to meassure how much of Monster Beverage Corp is financed with debt or own resources.

The three steps every investor should look at:

What is the current debt to equity ratio?
The current most recent quarter (MRQ) quickRatio of Monster Beverage Corp is 0.18. This means that Monster Beverage Corp can pay off $0.18 for each $1 in debt.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Beverages - Non-Alcoholic industry is .
What is the trend?
The trend is important because it shows you how Monster Beverage Corp is performing over time. The most recent quarter might be important if Monster Beverage Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Monster Beverage Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Not all debt is equally risky (for example, short term risk is less risky).

How to calculate debt to equity ratio

Debt to equity ratio = total debt \ shareholders equity.

Real life example Monster Beverage Corp

You need the following data to determine equity ratio:

Balance sheet
Debt to equity ratio = total debt \ shareholders equity
1,520,277 \ 8,577,789 = 0.18 or 17.7%

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.

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2. Market Valuation of Monster Beverage Corp

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

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

Above 15 is considered overpriced but always compare Monster Beverage Corp to the Beverages - Non-Alcoholic industry mean.
A PE ratio of 35.24 means the investor is paying $35.24 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Monster Beverage Corp:

The EOD is 29.335. Based on the earnings, the company is overpriced. -1
The MRQ is 35.245. Based on the earnings, the company is overpriced. -1
The TTM is 36.082. Based on the earnings, the company is overpriced. -1

Trends

Current period		Compared to		+/-
EOD	29.335	MRQ	35.245	-5.910
MRQ	35.245	TTM	36.082	-0.837
TTM	36.082	YOY	71.908	-35.826
TTM	36.082	5Y	60.065	-23.982
5Y	60.065	10Y	302.386	-242.322

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

Indicates if the company’s shares are under or overvalued.

How to use PE ratio

Above 15 is considered overpriced but is hard to determine. Always compare Monster Beverage Corp to the Beverages - Non-Alcoholic 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 Monster Beverage Corp is 35.24. This means the investor is paying $35.24 for every $1 in earnings.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Beverages - Non-Alcoholic industry is .
What is the trend?
The trend is important because it shows you how Monster Beverage Corp is performing over time. The most recent quarter might be important if Monster Beverage Corp released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Monster Beverage Corp up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Some industries might have very high or very low PE ratios in general.
PE ratios can be high for several years, it does not mean a sudden collapse is imminent.
Earnings growth is not included in the PE ratio.

How to calculate PE ratio

PE ratio = market value per share \ earnings per share

Real life example Monster Beverage Corp

You need the following data to determine the PE ratio:

Balance sheet
Income statement

The PE ratio is a very commonly used ratio to determine the value of a company by comparing the current stock price relative to its earnings per share (EPS). Before we can calculate the PE ratio we need to know the EPS. EPS is calculated as follows:

EPS = (net profit - preferred dividends) \ end of period outstanding shares*
Net profit = revenue - expenses
0 \ 1,051,282 = EPS
PE ratio MRQ = 35.24

* 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 Monster Beverage Corp:

The EOD is 38.536. Based on how much money comes from the company's main activities, the company is fair priced.
The MRQ is 46.300. Based on how much money comes from the company's main activities, the company is fair priced.
The TTM is 43.041. Based on how much money comes from the company's main activities, the company is fair priced.

Trends

Current period		Compared to		+/-
EOD	38.536	MRQ	46.300	-7.764
MRQ	46.300	TTM	43.041	+3.259
TTM	43.041	YOY	172.730	-129.689
TTM	43.041	5Y	51.002	-7.961
5Y	51.002	10Y	76.065	-25.063

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2. Book Value per Share

2.3. Price to Book Ratio

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

At or below 1 is considered healthy (always compare to Beverages - Non-Alcoholic industry mean).
A PB ratio of 7.27 means the investor is paying $7.27 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Monster Beverage Corp:

The EOD is 6.047. Based on the equity, the company is overpriced. -1
The MRQ is 7.265. Based on the equity, the company is overpriced. -1
The TTM is 7.382. Based on the equity, the company is overpriced. -1

Trends

Current period		Compared to		+/-
EOD	6.047	MRQ	7.265	-1.218
MRQ	7.265	TTM	7.382	-0.117
TTM	7.382	YOY	12.800	-5.418
TTM	7.382	5Y	13.927	-6.545
5Y	13.927	10Y	24.867	-10.940

2. Total Gains per Share

3. Holders & Insider Transactions

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

3.1. Institutions holding Monster Beverage Corp

Institutions are holding 68.86% of the shares of Monster Beverage Corp.

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2024-03-31	Vanguard Group Inc	6.1762	0.076	64741352	1059042	1.663
2024-03-31	BlackRock Inc	5.0329	0.0728	52756286	770627	1.4824
2024-03-31	AllianceBernstein L.P.	4.3816	0.9635	45929233	1426133	3.2046
2024-03-31	State Street Corporation	3.1929	0.0887	33469038	-21628	-0.0646
2024-03-31	FMR Inc	2.7338	0.1141	28656823	-8562604	-23.0057
2024-03-31	Loomis, Sayles & Company LP	2.4521	2.167	25703394	-280374	-1.079
2024-03-31	JPMorgan Chase & Co	2.2418	0.1178	23499550	3657539	18.4333
2024-03-31	Capital World Investors	2.005	0.2062	21017256	-21885	-0.104
2024-03-31	Wellington Management Company LLP	1.8248	0.2009	19128537	1032557	5.706
2024-03-31	Nuveen Asset Management, LLC	1.5719	0.2898	16477362	-1316732	-7.3998
2024-03-31	Morgan Stanley - Brokerage Accounts	1.4881	0.0742	15598607	1307721	9.1507
2024-03-31	Geode Capital Management, LLC	1.4717	0.0843	15427063	458680	3.0643
2024-03-31	Bank of America Corp	1.2726	0.0741	13339807	1826489	15.8641
2024-03-31	ClearBridge Advisors, LLC	1.1123	0.5479	11659619	37391	0.3217
2024-03-31	HHG PLC	1.0693	0.3625	11209122	440962	4.0951
2024-03-31	Capital Research Global Investors	1.0015	0.1408	10498524	20144	0.1922
2023-12-31	NORGES BANK	0.8562	0.0903	8974740	1816782	25.3813
2024-03-31	Amvescap Plc.	0.854	0.114	8951757	-1138030	-11.279
2024-03-31	BROADWOOD CAPITAL Inc	0.7914	36.9477	8295690	-192327	-2.2659
2024-03-31	Franklin Resources Inc	0.7722	0.1519	8094044	-27685	-0.3409
Total		42.3023	42.8845	443427804	+2292802	+0.5%

3.2. Funds holding Monster Beverage Corp

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2024-04-30	Vanguard Total Stock Mkt Idx Inv	2.1978	0.0798	22894951	657	0.0029
2024-05-31	Invesco QQQ Trust	1.919	0.3848	19990872	16710	0.0837
2024-04-30	Vanguard Institutional 500 Index Trust	1.8039	0.0933	18791875	173627	0.9326
2024-04-30	AllianceBernstein US L/C Growth Eqty MF	1.4265	3.0004	14859754	78480	0.5309
2024-04-30	AB Large Cap Growth A	1.3511	2.9532	14075138	0	0
2024-04-30	Fidelity 500 Index	0.8589	0.0933	8947052	19208	0.2151
2024-05-31	SPDR® S&P 500® ETF Trust	0.8526	0.0865	8882120	56940	0.6452
2024-03-31	VA CollegeAmerica Amcap 529A	0.8338	0.5906	8686247	-207904	-2.3375
2024-03-31	Capital Group AMCAP Composite	0.8338	0.5908	8686247	-207904	-2.3375
2024-05-31	JPMorgan Equity Premium Income ETF	0.777	1.2529	8093990	4788	0.0592
2024-05-31	iShares Core S&P 500 ETF	0.7373	0.0863	7681093	-2200	-0.0286
2024-04-30	Vanguard Growth Index Investor	0.6741	0.1707	7022780	99830	1.442
2024-04-30	CREF Growth R1	0.6243	0.9695	6503186	-72204	-1.0981
2024-04-30	Loomis Sayles Growth Y	0.6185	2.656	6443188	104737	1.6524
2024-03-31	American Funds New Perspective A	0.5956	0.2704	6204969	-3733	-0.0601
2024-03-31	Capital Group New Perspective Comp	0.5956	0.2705	6204969	-3733	-0.0601
2024-04-30	Fidelity OTC	0.4808	0.9549	5009023	0	0
2024-04-30	Vanguard Institutional Index I	0.4635	0.0934	4828664	-25739	-0.5302
2024-05-31	The Consumer Staples Sel SectSPDR® ETF	0.4631	1.6362	4824060	-32940	-0.6782
2024-04-30	Janus Henderson Research D	0.4421	1.1816	4605699	764216	19.8938
Total		18.5493	17.4151	193235877	+762836	+0.4%

3.3. Insider Transactions

Insiders are holding 26.789% of the shares of Monster Beverage Corp.

Date	Owner	Type	Amount	Price
2024-06-11	Mark Vidergauz	SELL	15077	51.85
2024-06-11	Hilton H Schlosberg	SELL	42144	53
2024-06-07	Mark J Hall	SELL	250000	52.22
2024-03-04	Mark J Hall	SELL	659000	58.55
2023-12-14	Guy Carling	SELL	34553	55.55
2023-11-22	Mark Vidergauz	SELL	2000	55.39
2023-11-22	Thomas J Kelly	SELL	30000	55.19
2023-11-20	Mark Vidergauz	SELL	3000	54.9
2023-08-21	Ana Demel	SELL	116	57.24
2023-08-14	Mark J Hall	SELL	56202	58.81
2023-08-09	Mark J Hall	SELL	110000	57.35

3rd party ad SUPPORTERis ad-free.

4. Summary

4.1. Key Performance Indicators

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

	End of day	+/-	Most Recent Quarter	Trailing 12 Months	+/-	Year-Over-Year	+/-	5 Year	+/-	10 Year	+/-
Book Value Change Per Share	-	-	0.341	0.294	+16%	0.143	+139%	0.239	+43%	0.178	+92%
Book Value Per Share	-	-	8.159	7.701	+6%	6.594	+24%	5.709	+43%	4.341	+88%
Current Ratio	-	-	4.912	4.773	+3%	4.424	+11%	4.203	+17%	4.210	+17%
Debt To Asset Ratio	-	-	0.151	0.152	-1%	0.163	-8%	0.171	-12%	0.187	-20%
Debt To Equity Ratio	-	-	0.177	0.180	-1%	0.195	-9%	0.207	-14%	0.232	-24%
Dividend Per Share	-	-	-	0.002	-100%	0.003	-100%	0.001	-100%	0.001	-100%
Eps	-	-	0.420	0.397	+6%	0.305	+38%	0.323	+30%	0.243	+73%
Free Cash Flow Per Share	-	-	0.320	0.344	-7%	0.256	+25%	0.270	+19%	0.207	+55%
Free Cash Flow To Equity Per Share	-	-	0.239	0.198	+21%	0.089	+168%	0.164	+46%	0.097	+148%
Gross Profit Margin	-	-	0.392	0.837	-53%	0.428	-8%	0.608	-36%	0.545	-28%
Intrinsic Value_10Y_max	-	-	18.917	-	-	-	-	-	-	-	-
Intrinsic Value_10Y_min	-	-	8.994	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_max	-	-	1.202	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_min	-	-	0.845	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_max	-	-	4.140	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_min	-	-	2.602	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_max	-	-	7.716	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_min	-	-	4.416	-	-	-	-	-	-	-	-
Market Cap	48606016581.120	-28%	62319996900.720	59993211540.180	+4%	89139006597.500	-30%	79840068946.536	-22%	91693070068.768	-32%
Net Profit Margin	-	-	0.233	0.228	+2%	0.199	+17%	0.245	-5%	0.242	-4%
Operating Margin	-	-	0.285	0.278	+3%	0.250	+14%	0.301	-5%	0.310	-8%
Operating Ratio	-	-	0.715	0.841	-15%	0.743	-4%	0.718	0%	0.689	+4%
Pb Ratio	6.047	-20%	7.265	7.382	-2%	12.800	-43%	13.927	-48%	24.867	-71%
Pe Ratio	29.335	-20%	35.245	36.082	-2%	71.908	-51%	60.065	-41%	302.386	-88%
Price Per Share	49.340	-20%	59.280	56.820	+4%	83.800	-29%	74.670	-21%	82.429	-28%
Price To Free Cash Flow Ratio	38.536	-20%	46.300	43.041	+8%	172.730	-73%	51.002	-9%	76.065	-39%
Price To Total Gains Ratio	144.584	-20%	173.712	479.230	-64%	360.718	-52%	363.198	-52%	-90.644	+152%
Quick Ratio	-	-	4.814	4.826	0%	4.709	+2%	4.485	+7%	4.566	+5%
Return On Assets	-	-	0.044	0.044	+0%	0.039	+14%	0.049	-10%	0.048	-10%
Return On Equity	-	-	0.052	0.052	0%	0.046	+12%	0.059	-13%	0.060	-14%
Total Gains Per Share	-	-	0.341	0.296	+15%	0.146	+133%	0.240	+42%	0.178	+92%
Usd Book Value	-	-	8577789000.000	8130286500.000	+6%	7011334750.000	+22%	6091477600.000	+41%	4758491100.000	+80%
Usd Book Value Change Per Share	-	-	0.341	0.294	+16%	0.143	+139%	0.239	+43%	0.178	+92%
Usd Book Value Per Share	-	-	8.159	7.701	+6%	6.594	+24%	5.709	+43%	4.341	+88%
Usd Dividend Per Share	-	-	-	0.002	-100%	0.003	-100%	0.001	-100%	0.001	-100%
Usd Eps	-	-	0.420	0.397	+6%	0.305	+38%	0.323	+30%	0.243	+73%
Usd Free Cash Flow	-	-	336501000.000	363832000.000	-8%	271562500.000	+24%	288378250.000	+17%	226330475.000	+49%
Usd Free Cash Flow Per Share	-	-	0.320	0.344	-7%	0.256	+25%	0.270	+19%	0.207	+55%
Usd Free Cash Flow To Equity Per Share	-	-	0.239	0.198	+21%	0.089	+168%	0.164	+46%	0.097	+148%
Usd Market Cap	48606016581.120	-28%	62319996900.720	59993211540.180	+4%	89139006597.500	-30%	79840068946.536	-22%	91693070068.768	-32%
Usd Price Per Share	49.340	-20%	59.280	56.820	+4%	83.800	-29%	74.670	-21%	82.429	-28%
Usd Profit	-	-	442049000.000	418898250.000	+6%	323716250.000	+37%	344904000.000	+28%	268116125.000	+65%
Usd Revenue	-	-	1899098000.000	1835048750.000	+3%	1622851500.000	+17%	1437249600.000	+32%	1113203650.000	+71%
Usd Total Gains Per Share	-	-	0.341	0.296	+15%	0.146	+133%	0.240	+42%	0.178	+92%
	EOD	+4 -4	MRQ	TTM	+25 -11	YOY	+29 -7	5Y	+25 -11	10Y	+25 -11

4.2. Fundamental Score

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

Penke's Stock Scanner

Indicator	Condition		Value
Price to Earnings Ratio (EOD)	Between	0-15	29.335
Price to Book Ratio (EOD)	Between	0-1	6.047
Net Profit Margin (MRQ)	Greater than	0	0.233
Operating Margin (MRQ)	Greater than	0	0.285
Quick Ratio (MRQ)	Greater than	1	4.814
Current Ratio (MRQ)	Greater than	1	4.912
Debt to Asset Ratio (MRQ)	Less than	1	0.151
Debt to Equity Ratio (MRQ)	Less than	1	0.177
Return on Equity (MRQ)	Greater than	0.15	0.052
Return on Assets (MRQ)	Greater than	0.05	0.044
Total			6/10 (60.0%)

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4.3. Technical Score

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

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	39.607
Ma 20	Greater than	Ma 50	50.159
Ma 50	Greater than	Ma 100	52.212
Ma 100	Greater than	Ma 200	54.678
Open	Greater than	Close	49.955
Total			2/5 (40.0%)

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Latest Balance Sheet

Balance Sheet of 2024-03-31. Currency in USD. All numbers in thousands.

Summary

Total Assets	10,098,066
Total Liabilities	1,520,277
Total Stockholder Equity	8,577,789

	As reported
Total Liabilities	1,520,277
Total Stockholder Equity	+ 8,577,789
Total Assets	= 10,098,066

Assets

Total Assets	10,098,066
Total Current Assets	6,035,514
Long-term Assets	4,062,552

Total Current Assets

Total Current Assets (as reported)	6,035,514
Cash And Cash Equivalents	2,576,524
Short-term Investments	984,201
Net Receivables	1,370,239
Inventory	939,630
Other Current Assets	164,920
Total Current Assets (calculated)	6,035,514
+/-	0

Long-term Assets

Long-term Assets (as reported)	4,062,552
Property Plant Equipment	979,711
Goodwill	1,417,941
Long Term Investments	8,162
Intangible Assets	1,430,762
Long-term Assets Other	50,373
Long-term Assets (calculated)	3,886,949
+/-	175,603

Liabilities & Shareholders' Equity

Total Current Liabilities	1,228,828
Long-term Liabilities	291,449
Total Stockholder Equity	8,577,789

Total Current Liabilities

Total Current Liabilities (as reported)	1,228,828
Short-term Debt	15,419
Accounts payable	533,729
Other Current Liabilities	635,904
Total Current Liabilities (calculated)	1,185,052
+/-	43,776

Long-term Liabilities

Long-term Liabilities (as reported)	291,449
Long-term Liabilities Other	92,690
Long-term Liabilities (calculated)	92,690
+/-	198,759

Total Stockholder Equity

Total Stockholder Equity (as reported)	8,577,789
Common Stock	5,624
Retained Earnings	6,381,785
Accumulated Other Comprehensive Income	-157,940
Other Stockholders Equity	2,348,320
Total Stockholder Equity (calculated)	8,577,789
+/-	0

Other

Capital Stock	5,624
Cash and Short Term Investments	3,560,725
Common Stock Shares Outstanding	1,051,282
Current Deferred Revenue	43,776
Liabilities and Stockholders Equity	10,098,066
Net Debt	-2,514,617
Net Invested Capital	8,577,789
Net Working Capital	4,806,686
Property Plant and Equipment Gross	1,200,618
Short Long Term Debt Total	61,907

Balance Sheet

Currency in USD. All numbers in thousands.

Trend

2024-03-31

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

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2016-12-31

2016-09-30

2016-06-30

2016-03-31

2015-12-31

2015-09-30

2015-06-30

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2014-12-31

2014-09-30

2014-06-30

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2013-12-31

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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

1990-09-30

1990-06-30

1990-03-31

1989-12-31

1989-09-30

> Total Assets

0
0
0
1,600
0
0
0
0
7,000
0
7,100
16,200
16,000
15,700
15,400
15,000
17,200
17,700
18,400
18,300
17,700
16,500
19,700
19,400
17,500
17,100
18,000
16,900
16,100
15,700
17,600
17,900
16,900
17,300
20,100
22,400
21,900
21,900
25,600
27,600
28,700
27,722
30,468
39,212
38,745
37,921
40,093
41,417
38,561
38,683
41,450
41,934
40,464
41,731
43,077
47,564
47,997
53,771
66,652
77,240
82,022
99,828
121,017
145,341
163,890
203,852
266,177
310,807
308,372
310,807
454,499
508,290
544,603
583,899
600,472
640,146
761,837
732,690
786
801,294
800,070
900,936
964,895
1,026,680
1,082,131
1,131,992
1,233,570
1,218,428
1,362,399
1,470,745
1,601,517
1,318,922
1,043,325
1,147,372
1,317,842
1,511,867
1,420,509
1,593,583
1,769,019
1,862,878
1,938,875
2,084,946
5,791,581
5,603,738
5,675,189
5,883,484
4,038,056
4,236,431
4,153,471
4,349,747
4,684,131
4,708,906
4,791,012
4,740,132
4,542,070
4,871,359
4,526,891
4,655,851
5,084,332
5,137,366
5,150,352
4,881,497
5,193,813
5,697,683
6,202,716
6,534,366
7,071,543
7,449,408
7,804,784
8,187,459
8,175,012
8,204,805
8,293,105
8,844,362
9,263,338
9,314,338
9,686,522
10,098,066

10,098,066

9,686,522

9,314,338

9,263,338

8,844,362

8,293,105

8,204,805

8,175,012

8,187,459

7,804,784

7,449,408

7,071,543

6,534,366

6,202,716

5,697,683

5,193,813

4,881,497

5,150,352

5,137,366

5,084,332

4,655,851

4,526,891

4,871,359

4,542,070

4,740,132

4,791,012

4,708,906

4,684,131

4,349,747

4,153,471

4,236,431

4,038,056

5,883,484

5,675,189

5,603,738

5,791,581

2,084,946

1,938,875

1,862,878

1,769,019

1,593,583

1,420,509

1,511,867

1,317,842

1,147,372

1,043,325

1,318,922

1,601,517

1,470,745

1,362,399

1,218,428

1,233,570

1,131,992

1,082,131

1,026,680

964,895

900,936

800,070

801,294

786

732,690

761,837

640,146

600,472

583,899

544,603

508,290

454,499

310,807

308,372

310,807

266,177

203,852

163,890

145,341

121,017

99,828

82,022

77,240

66,652

53,771

47,997

47,564

43,077

41,731

40,464

41,934

41,450

38,683

38,561

41,417

40,093

37,921

38,745

39,212

30,468

27,722

28,700

27,600

25,600

21,900

22,400

20,100

17,300

16,900

17,900

17,600

15,700

16,100

16,900

18,000

17,100

17,500

19,400

19,700

16,500

17,700

18,300

18,400

17,700

17,200

15,000

15,400

15,700

16,000

16,200

7,100

7,000

1,600

> Total Current Assets

0
0
0
1,600
0
0
0
0
7,000
0
6,800
3,300
3,100
2,900
2,700
3,100
5,100
5,600
6,000
5,700
5,300
4,200
7,400
7,100
5,400
5,200
6,200
5,200
4,600
4,200
6,100
6,500
6,100
6,300
9,200
11,500
11,100
11,000
14,600
15,700
17,000
15,823
18,033
20,033
19,328
18,598
19,731
21,096
18,540
18,717
21,686
22,220
20,904
21,993
22,984
26,800
26,678
32,311
44,798
55,275
60,380
77,955
98,613
122,474
140,286
179,336
240,506
283,840
275,157
283,840
409,073
461,200
270,149
369,404
434,157
477,245
561,324
533,034
580
588,521
585,504
699,036
769,213
842,533
898,153
955,819
1,054,135
1,038,732
1,182,677
1,284,463
1,414,257
1,128,937
835,068
936,699
1,093,822
1,278,457
1,183,043
1,355,213
1,487,353
1,617,479
1,693,429
1,841,895
3,922,379
3,750,647
3,582,602
3,792,872
1,292,825
1,550,024
1,432,270
1,616,816
1,880,079
1,934,297
2,086,377
2,038,548
1,828,679
2,152,671
1,804,170
1,907,300
2,326,768
2,360,760
2,316,309
2,048,722
2,371,450
2,825,847
3,140,955
3,433,872
3,950,675
4,383,673
4,682,110
4,743,666
4,696,620
4,696,691
4,764,897
5,294,609
5,654,113
5,311,515
5,588,996
6,035,514

6,035,514

5,588,996

5,311,515

5,654,113

5,294,609

4,764,897

4,696,691

4,696,620

4,743,666

4,682,110

4,383,673

3,950,675

3,433,872

3,140,955

2,825,847

2,371,450

2,048,722

2,316,309

2,360,760

2,326,768

1,907,300

1,804,170

2,152,671

1,828,679

2,038,548

2,086,377

1,934,297

1,880,079

1,616,816

1,432,270

1,550,024

1,292,825

3,792,872

3,582,602

3,750,647

3,922,379

1,841,895

1,693,429

1,617,479

1,487,353

1,355,213

1,183,043

1,278,457

1,093,822

936,699

835,068

1,128,937

1,414,257

1,284,463

1,182,677

1,038,732

1,054,135

955,819

898,153

842,533

769,213

699,036

585,504

588,521

580

533,034

561,324

477,245

434,157

369,404

270,149

461,200

409,073

283,840

275,157

283,840

240,506

179,336

140,286

122,474

98,613

77,955

60,380

55,275

44,798

32,311

26,678

26,800

22,984

21,993

20,904

22,220

21,686

18,717

18,540

21,096

19,731

18,598

19,328

20,033

18,033

15,823

17,000

15,700

14,600

11,000

11,100

11,500

9,200

6,300

6,100

6,500

6,100

4,200

4,600

5,200

6,200

5,200

5,400

7,100

7,400

4,200

5,300

5,700

6,000

5,600

5,100

3,100

2,700

2,900

3,100

3,300

6,800

7,000

1,600

Cash And Cash Equivalents

0
0
0
1,600
0
0
0
0
7,000
0
6,800
1,700
900
1,100
1,200
900
2,300
2,600
2,300
1,700
1,100
500
700
500
100
0
100
200
200
100
300
500
400
500
2,100
4,300
3,800
2,100
2,900
2,800
2,000
134
122
125
131
194
404
560
248
451
161
2,912
538
2,209
754
976
1,099
2,815
7,473
17,279
20,976
30,574
33,428
41,282
61,654
30,538
18,964
43,934
35,129
43,934
55,482
59,074
12,440
51,175
182,953
256,436
256,801
279,123
283
317,657
328,349
375,908
409,911
509,629
354,842
295,505
418,197
287,157
359,331
391,438
419,167
283,054
222,514
242,533
283,839
287,019
211,349
312,020
373,051
408,323
370,323
362,787
1,696,295
1,240,717
2,175,417
2,528,109
434,769
341,526
377,582
576,337
777,655
465,559
528,622
511,360
659,687
713,714
637,513
618,344
888,247
717,617
797,957
701,836
921,326
1,074,730
1,180,413
1,178,879
1,584,239
1,712,671
1,326,462
1,014,786
1,132,039
1,303,048
1,307,141
1,672,660
1,869,774
1,773,849
2,297,675
2,576,524

2,576,524

2,297,675

1,773,849

1,869,774

1,672,660

1,307,141

1,303,048

1,132,039

1,014,786

1,326,462

1,712,671

1,584,239

1,178,879

1,180,413

1,074,730

921,326

701,836

797,957

717,617

888,247

618,344

637,513

713,714

659,687

511,360

528,622

465,559

777,655

576,337

377,582

341,526

434,769

2,528,109

2,175,417

1,240,717

1,696,295

362,787

370,323

408,323

373,051

312,020

211,349

287,019

283,839

242,533

222,514

283,054

419,167

391,438

359,331

287,157

418,197

295,505

354,842

509,629

409,911

375,908

328,349

317,657

283

279,123

256,801

256,436

182,953

51,175

12,440

59,074

55,482

43,934

35,129

43,934

18,964

30,538

61,654

41,282

33,428

30,574

20,976

17,279

7,473

2,815

1,099

976

754

2,209

538

2,912

161

451

248

560

404

194

131

125

122

134

2,000

2,800

2,900

2,100

3,800

4,300

2,100

500

400

500

300

100

200

100

500

700

500

1,100

1,700

2,300

2,600

2,300

900

1,200

1,100

900

1,700

6,800

7,000

1,600

Short-term Investments

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
8,652
11,861
67,182
96,037
82,699
101,667
82,699
142,613
196,371
63,125
107,933
22,066
14,838
29,145
4,975
30
30,187
18,487
61,316
61,662
24,203
244,649
298,985
281,218
412,255
411,282
419,588
451,063
307,654
97,042
102,139
148,197
315,572
402,247
438,932
453,969
588,041
781,134
647,284
1,234,858
1,544,710
744,610
508,243
44,319
257,653
220,554
209,366
323,851
630,348
672,933
585,222
211,093
457,898
320,650
263,697
357,988
587,356
533,063
233,513
250,753
599,326
881,354
980,108
968,952
1,224,066
1,749,727
1,717,648
1,337,792
1,346,781
1,362,314
1,383,028
1,417,239
1,236,752
955,605
984,201

984,201

955,605

1,236,752

1,417,239

1,383,028

1,362,314

1,346,781

1,337,792

1,717,648

1,749,727

1,224,066

968,952

980,108

881,354

599,326

250,753

233,513

533,063

587,356

357,988

263,697

320,650

457,898

211,093

585,222

672,933

630,348

323,851

209,366

220,554

257,653

44,319

508,243

744,610

1,544,710

1,234,858

647,284

781,134

588,041

453,969

438,932

402,247

315,572

148,197

102,139

97,042

307,654

451,063

419,588

411,282

412,255

281,218

298,985

244,649

24,203

61,662

61,316

18,487

30,187

4,975

29,145

14,838

22,066

107,933

63,125

196,371

142,613

82,699

101,667

82,699

96,037

67,182

11,861

8,652

Net Receivables

0
0
0
0
0
0
0
0
0
0
0
600
1,200
900
600
600
1,400
800
1,500
1,300
1,000
1,100
2,600
2,100
1,700
1,900
2,500
1,100
900
1,000
2,000
2,100
1,500
2,200
2,900
2,500
1,800
3,200
4,800
4,400
3,800
4,244
7,193
7,361
6,584
6,326
7,691
6,962
4,412
6,204
7,700
5,429
5,949
6,668
7,185
10,156
5,373
9,473
13,507
14,320
12,650
20,168
31,704
34,418
28,752
46,303
60,939
68,917
54,624
68,917
111,928
90,046
81,497
81,758
83,404
72,972
135,955
120,104
126
97,289
108,905
117,705
131,480
131,778
101,635
149,004
162,299
139,545
218,741
256,424
306,393
289,253
236,710
317,655
348,197
343,205
296,180
345,786
398,792
333,165
280,755
344,055
498,335
533,485
477,955
541,704
590,708
592,348
573,051
571,977
537,082
535,336
449,476
525,463
592,568
620,162
484,562
596,661
688,197
647,983
540,330
670,570
760,433
740,813
666,012
802,509
909,169
849,157
896,658
1,039,780
1,175,587
1,051,642
1,016,203
1,190,351
1,333,004
1,231,188
1,193,964
1,370,239

1,370,239

1,193,964

1,231,188

1,333,004

1,190,351

1,016,203

1,051,642

1,175,587

1,039,780

896,658

849,157

909,169

802,509

666,012

740,813

760,433

670,570

540,330

647,983

688,197

596,661

484,562

620,162

592,568

525,463

449,476

535,336

537,082

571,977

573,051

592,348

590,708

541,704

477,955

533,485

498,335

344,055

280,755

333,165

398,792

345,786

296,180

343,205

348,197

317,655

236,710

289,253

306,393

256,424

218,741

139,545

162,299

149,004

101,635

131,778

131,480

117,705

108,905

97,289

126

120,104

135,955

72,972

83,404

81,758

81,497

90,046

111,928

68,917

54,624

68,917

60,939

46,303

28,752

34,418

31,704

20,168

12,650

14,320

13,507

9,473

5,373

10,156

7,185

6,668

5,949

5,429

7,700

6,204

4,412

6,962

7,691

6,326

6,584

7,361

7,193

4,244

3,800

4,400

4,800

3,200

1,800

2,500

2,900

2,200

1,500

2,100

2,000

1,000

900

1,100

2,500

1,900

1,700

2,100

2,600

1,100

1,000

1,300

1,500

800

1,400

600

900

1,200

600

Other Current Assets

0
0
0
0
0
0
0
0
0
0
0
400
-100
0
100
400
200
600
600
700
500
400
400
700
500
400
300
300
400
300
700
500
300
100
200
500
300
300
400
700
1,300
1,450
1,719
1,769
1,705
1,885
1,687
1,710
1,923
1,886
2,425
1,986
2,773
2,086
1,915
2,059
2,562
2,742
4,203
3,973
4,348
3,761
5,679
9,267
-1
5,924
14,269
7,607
6,724
7,607
11,552
21,684
78,072
18,754
22,516
37,371
23,097
18,731
22,890
19,446
21,620
24,962
26,927
27,985
43,786
38,600
35,643
35,294
37,710
37,886
38,581
55,042
24,983
35,628
25,353
29,799
21,376
28,482
25,594
25,472
19,673
25,174
22,628
25,742
26,967
36,458
28,081
35,016
32,562
46,703
44,399
46,095
40,877
61,639
57,320
57,599
44,909
63,685
58,477
58,390
54,868
71,865
78,425
75,958
55,358
72,803
83,086
95,607
82,668
150,320
165,254
132,243
109,823
110,958
148,750
162,676
170,346
164,920

164,920

170,346

162,676

148,750

110,958

109,823

132,243

165,254

150,320

82,668

95,607

83,086

72,803

55,358

75,958

78,425

71,865

54,868

58,390

58,477

63,685

44,909

57,599

57,320

61,639

40,877

46,095

44,399

46,703

32,562

35,016

28,081

36,458

26,967

25,742

22,628

25,174

19,673

25,472

25,594

28,482

21,376

29,799

25,353

35,628

24,983

55,042

38,581

37,886

37,710

35,294

35,643

38,600

43,786

27,985

26,927

24,962

21,620

19,446

22,890

18,731

23,097

37,371

22,516

18,754

78,072

21,684

11,552

7,607

6,724

7,607

14,269

5,924

-1

9,267

5,679

3,761

4,348

3,973

4,203

2,742

2,562

2,059

1,915

2,086

2,773

1,986

2,425

1,886

1,923

1,710

1,687

1,885

1,705

1,769

1,719

1,450

1,300

700

400

300

500

200

100

300

500

700

300

400

300

400

500

700

400

500

700

600

200

400

100

-100

400

> Long-term Assets

0
0
0
0
0
0
0
0
0
0
300
12,900
12,900
12,800
12,700
11,900
12,100
12,100
12,400
12,600
12,400
12,300
12,300
12,300
12,100
11,900
11,800
11,700
11,500
11,500
11,500
11,400
10,800
11,000
10,900
10,900
10,800
10,900
11,000
11,900
11,700
11,899
12,435
19,179
19,417
19,323
20,362
20,321
20,021
19,967
19,765
19,714
19,560
19,739
20,093
20,764
21,319
21,460
21,855
21,965
21,642
21,873
22,404
22,867
23,604
24,516
25,671
0
0
26,967
45,426
47,090
274,454
214,495
166,315
162,901
200,513
199,656
207
212,773
214,566
201,900
195,682
184,147
183,978
176,173
179,435
179,696
179,722
186,282
187,260
189,985
208,257
210,673
224,020
233,410
237,466
238,370
281,666
245,399
245,446
243,051
1,869,202
1,853,091
2,092,587
2,090,612
2,745,231
2,686,407
2,721,201
2,732,931
2,804,052
2,774,609
2,704,635
2,701,584
2,713,391
2,718,688
2,722,721
2,748,551
2,757,564
2,776,606
2,834,043
2,832,775
2,822,363
2,871,836
3,061,761
3,100,494
3,120,868
3,065,735
3,122,674
3,443,793
3,478,392
3,508,114
3,528,208
3,549,753
3,609,225
4,002,823
4,097,526
4,062,552

4,062,552

4,097,526

4,002,823

3,609,225

3,549,753

3,528,208

3,508,114

3,478,392

3,443,793

3,122,674

3,065,735

3,120,868

3,100,494

3,061,761

2,871,836

2,822,363

2,832,775

2,834,043

2,776,606

2,757,564

2,748,551

2,722,721

2,718,688

2,713,391

2,701,584

2,704,635

2,774,609

2,804,052

2,732,931

2,721,201

2,686,407

2,745,231

2,090,612

2,092,587

1,853,091

1,869,202

243,051

245,446

245,399

281,666

238,370

237,466

233,410

224,020

210,673

208,257

189,985

187,260

186,282

179,722

179,696

179,435

176,173

183,978

184,147

195,682

201,900

214,566

212,773

207

199,656

200,513

162,901

166,315

214,495

274,454

47,090

45,426

26,967

25,671

24,516

23,604

22,867

22,404

21,873

21,642

21,965

21,855

21,460

21,319

20,764

20,093

19,739

19,560

19,714

19,765

19,967

20,021

20,321

20,362

19,323

19,417

19,179

12,435

11,899

11,700

11,900

11,000

10,900

10,800

10,900

11,000

10,800

11,400

11,500

11,700

11,800

11,900

12,100

12,300

12,400

12,600

12,400

12,100

11,900

12,700

12,800

12,900

300

Property Plant Equipment

0
0
0
0
0
0
0
0
0
0
0
100
100
200
200
200
200
300
300
600
700
600
700
800
800
800
700
700
600
600
600
500
400
600
600
600
600
600
600
600
500
597
1,119
1,267
1,863
1,868
1,935
1,993
1,945
1,932
1,915
1,902
1,863
2,017
2,436
2,716
2,803
2,913
3,302
3,379
2,964
2,799
3,311
3,719
3,743
4,559
5,761
5,975
5,565
5,975
6,778
8,404
8,567
8,833
9,238
11,067
14,389
17,677
24
28,075
33,314
32,267
32,038
33,173
34,551
39,037
40,931
44,070
45,151
55,689
55,944
57,574
69,137
74,596
83,529
88,495
88,143
91,733
91,218
88,487
90,156
88,296
92,538
94,727
97,354
99,257
102,562
144,625
173,343
189,631
211,555
225,421
230,276
231,199
240,658
242,854
243,051
241,232
240,165
251,760
298,640
295,570
301,946
304,687
314,656
312,155
309,178
309,574
313,753
407,391
464,541
485,550
516,897
545,922
576,645
731,208
949,641
979,711

979,711

949,641

731,208

576,645

545,922

516,897

485,550

464,541

407,391

313,753

309,574

309,178

312,155

314,656

304,687

301,946

295,570

298,640

251,760

240,165

241,232

243,051

242,854

240,658

231,199

230,276

225,421

211,555

189,631

173,343

144,625

102,562

99,257

97,354

94,727

92,538

88,296

90,156

88,487

91,218

91,733

88,143

88,495

83,529

74,596

69,137

57,574

55,944

55,689

45,151

44,070

40,931

39,037

34,551

33,173

32,038

32,267

33,314

28,075

17,677

14,389

11,067

9,238

8,833

8,567

8,404

6,778

5,975

5,565

5,975

5,761

4,559

3,743

3,719

3,311

2,799

2,964

3,379

3,302

2,913

2,803

2,716

2,436

2,017

1,863

1,902

1,915

1,932

1,945

1,993

1,935

1,868

1,863

1,267

1,119

597

500

600

400

500

600

700

800

700

600

700

600

300

200

100

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
10,600
10,500
10,500
10,400
10,400
10,300
10,200
10,200
10,100
10,100
10,000
9,900
9,900
10,700
10,800
10,691
10,608
16,986
16,888
16,775
17,684
17,566
17,350
17,356
17,352
17,354
17,360
17,352
17,344
17,761
18,294
18,281
18,268
18,263
18,352
18,338
18,324
18,411
19,103
19,092
19,078
20,208
21,202
22,412
23,555
23,922
24,066
24,375
24,723
25,512
28,365
28,993
29,819
31,674
33,512
36,930
39,752
42,230
43,316
45,300
46,677
47,466
48,396
49,132
50,875
52,851
54,648
57,999
59,725
63,613
65,774
65,525
66,351
49,100
50,748
52,300
1,287,777
1,287,777
1,279,715
1,279,715
1,283,643
1,283,643
1,331,643
1,331,643
1,331,643
1,331,643
1,331,643
1,331,643
1,331,643
1,331,643
1,331,643
1,331,643
1,331,643
1,331,643
1,331,643
1,331,643
1,331,643
1,331,643
1,331,643
1,331,643
1,331,643
1,331,643
1,331,643
1,411,928
1,412,941
1,412,941
1,417,941
1,417,941
1,417,941
1,417,941
1,417,941
1,417,941

1,417,941

1,412,941

1,411,928

1,331,643

1,283,643

1,279,715

1,287,777

52,300

50,748

49,100

66,351

65,525

65,774

63,613

59,725

57,999

54,648

52,851

50,875

49,132

48,396

47,466

46,677

45,300

43,316

42,230

39,752

36,930

33,512

31,674

29,819

28,993

28,365

25,512

24,723

24,375

24,066

23,922

23,555

22,412

21,202

20,208

19,078

19,092

19,103

18,411

18,324

18,338

18,352

18,263

18,268

18,281

18,294

17,761

17,344

17,352

17,360

17,354

17,352

17,356

17,350

17,566

17,684

16,775

16,888

16,986

10,608

10,691

10,800

10,700

9,900

10,000

10,100

10,200

10,300

10,400

10,500

10,600

Long Term Investments

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
59,484
46,002
44,189
30,462
30,202
26,689
23,194
21,864
20,873
19,882
21,393
13,631
11,953
9,725
9,792
8,131
51,682
28,419
42,940
41,240
52,364
34,355
15,348
7,419
0
9,519
2,394
477
48,639
7,003
2,366
3,497
0
1,610
0
1,900
7,006
14,370
12,905
13,922
2,077
20,571
44,291
63,751
91,033
28,255
99,419
65,652
64,119
72,373
61,443
41,152
62,248
52,636
76,431
8,162

8,162

76,431

52,636

62,248

41,152

61,443

72,373

64,119

65,652

99,419

28,255

91,033

63,751

44,291

20,571

2,077

13,922

12,905

14,370

7,006

1,900

1,610

3,497

2,366

7,003

48,639

477

2,394

9,519

7,419

15,348

34,355

52,364

41,240

42,940

28,419

51,682

8,131

9,792

9,725

11,953

13,631

21,393

19,882

20,873

21,864

23,194

26,689

30,202

30,462

44,189

46,002

59,484

Intangible Assets

0
0
0
0
0
0
0
0
0
0
0
12,700
12,500
12,400
12,300
11,500
11,700
11,600
11,400
11,300
11,200
11,100
11,000
10,900
10,800
10,700
10,600
10,500
10,500
10,400
10,400
10,300
10,200
10,200
10,100
10,100
10,000
9,900
9,900
10,700
10,800
10,691
10,608
16,986
16,888
16,775
17,684
17,566
17,350
17,356
17,352
17,354
17,360
17,352
17,344
17,761
18,294
18,281
18,268
18,263
18,352
18,338
18,324
18,411
19,103
19,092
19,078
20,208
21,202
20,208
23,555
23,922
24,066
24,375
24,723
25,512
28,365
28,993
30
31,674
33,512
36,930
39,752
42,230
43,316
45,300
46,677
47,466
48,396
49,132
50,875
52,851
54,648
57,999
59,725
63,613
65,774
65,525
66,351
49,100
50,748
52,300
428,166
428,201
427,986
428,578
1,082,151
1,080,813
1,032,635
1,032,886
1,032,874
1,033,481
1,034,085
1,036,661
1,039,401
1,042,248
1,045,878
1,042,839
1,045,810
1,047,473
1,052,105
1,053,107
1,055,544
1,059,537
1,059,046
1,063,092
1,058,323
1,066,083
1,072,386
1,232,113
1,223,114
1,225,826
1,220,410
1,222,598
1,224,100
1,459,447
1,427,139
1,430,762

1,430,762

1,427,139

1,459,447

1,224,100

1,222,598

1,220,410

1,225,826

1,223,114

1,232,113

1,072,386

1,066,083

1,058,323

1,063,092

1,059,046

1,059,537

1,055,544

1,053,107

1,052,105

1,047,473

1,045,810

1,042,839

1,045,878

1,042,248

1,039,401

1,036,661

1,034,085

1,033,481

1,032,874

1,032,886

1,032,635

1,080,813

1,082,151

428,578

427,986

428,201

428,166

52,300

50,748

49,100

66,351

65,525

65,774

63,613

59,725

57,999

54,648

52,851

50,875

49,132

48,396

47,466

46,677

45,300

43,316

42,230

39,752

36,930

33,512

31,674

28,993

28,365

25,512

24,723

24,375

24,066

23,922

23,555

20,208

21,202

20,208

19,078

19,092

19,103

18,411

18,324

18,338

18,352

18,263

18,268

18,281

18,294

17,761

17,344

17,352

17,360

17,354

17,352

17,356

17,350

17,566

17,684

16,775

16,888

16,986

10,608

10,691

10,800

10,700

9,900

10,000

10,100

10,200

10,300

10,400

10,500

10,600

10,700

10,800

10,900

11,000

11,100

11,200

11,300

11,400

11,600

11,700

11,500

12,300

12,400

12,500

12,700

Other Assets

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
11,302
11,316
17,912
17,554
17,455
18,427
18,328
18,076
18,034
17,849
17,812
17,696
17,721
17,657
18,048
18,516
18,547
18,552
18,586
18,678
19,074
19,093
19,148
19,861
19,957
19,910
20,992
27,650
34,732
38,648
38,686
265,887
205,662
157,077
151,834
186,124
181,979
182,948
184,698
181,252
169,633
163,644
150,974
149,427
137,136
138,504
135,626
134,571
130,593
131,316
132,411
139,120
136,077
140,491
144,915
149,323
146,637
190,448
156,912
155,290
154,755
1,776,664
1,758,364
1,995,233
1,991,355
2,642,669
2,541,782
2,547,858
2,543,300
2,592,497
2,549,188
2,474,359
98,584
101,689
100,333
102,149
105,356
105,748
101,495
105,508
106,058
105,693
130,801
356,416
329,853
330,691
330,180
305,473
291,207
274,933
311,424
273,505
0
328,291
0
0
0

328,291

273,505

311,424

274,933

291,207

305,473

330,180

330,691

329,853

356,416

130,801

105,693

106,058

105,508

101,495

105,748

105,356

102,149

100,333

101,689

98,584

2,474,359

2,549,188

2,592,497

2,543,300

2,547,858

2,541,782

2,642,669

1,991,355

1,995,233

1,758,364

1,776,664

154,755

155,290

156,912

190,448

146,637

149,323

144,915

140,491

136,077

139,120

132,411

131,316

130,593

134,571

135,626

138,504

137,136

149,427

150,974

163,644

169,633

181,252

184,698

182,948

181,979

186,124

151,834

157,077

205,662

265,887

38,686

38,648

34,732

27,650

20,992

19,910

19,957

19,861

19,148

19,093

19,074

18,678

18,586

18,552

18,547

18,516

18,048

17,657

17,721

17,696

17,812

17,849

18,034

18,076

18,328

18,427

17,455

17,554

17,912

11,316

11,302

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
61,065
60,948
58,475
58,412
57,545
57,545
58,576
56,003
56,002
56,005
59,503
60,856
61,406
61,407
63,611
63,443
63,443
71,530
54,106
54,106
0
0
261,310
261,297
261,319
142,116
159,556
158,739
158,739
158,739
92,333
85,748
85,253
85,253
85,687
85,215
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

85,215

85,687

85,253

85,748

92,333

158,739

159,556

142,116

261,319

261,297

261,310

54,106

71,530

63,443

63,611

61,407

61,406

60,856

59,503

56,005

56,002

56,003

58,576

57,545

58,412

58,475

60,948

61,065

> Total Liabilities

0
0
0
0
0
0
0
0
100
0
300
7,300
7,600
7,300
7,100
6,700
6,700
7,200
7,800
7,500
7,900
7,200
10,600
10,500
9,100
8,700
9,200
7,900
7,300
6,900
8,300
8,000
6,900
6,600
8,400
9,500
8,000
7,000
9,200
9,900
10,100
8,768
10,003
17,355
16,690
15,513
16,576
16,642
13,228
12,931
14,427
13,641
12,093
12,509
11,878
14,087
12,947
16,439
23,571
27,547
23,451
31,918
36,951
40,086
38,381
53,950
68,315
109,909
83,288
109,909
153,500
138,007
122,436
132,220
143,436
126,011
325,521
247,343
236
240,335
215,117
264,966
286,431
264,706
253,733
278,439
283,226
285,882
383,241
403,417
413,588
429,247
398,928
446,001
461,821
551,476
428,230
490,857
513,388
476,438
423,725
616,592
936,761
949,181
865,779
891,638
845,645
838,031
823,762
819,521
908,114
940,752
895,800
864,525
936,910
978,092
915,990
957,031
1,026,746
1,029,388
979,071
1,010,551
972,273
1,068,362
1,041,856
1,074,929
1,166,045
1,204,411
1,237,833
1,320,787
1,365,834
1,389,045
1,268,064
1,449,002
1,421,874
1,441,189
1,457,778
1,520,277

1,520,277

1,457,778

1,441,189

1,421,874

1,449,002

1,268,064

1,389,045

1,365,834

1,320,787

1,237,833

1,204,411

1,166,045

1,074,929

1,041,856

1,068,362

972,273

1,010,551

979,071

1,029,388

1,026,746

957,031

915,990

978,092

936,910

864,525

895,800

940,752

908,114

819,521

823,762

838,031

845,645

891,638

865,779

949,181

936,761

616,592

423,725

476,438

513,388

490,857

428,230

551,476

461,821

446,001

398,928

429,247

413,588

403,417

383,241

285,882

283,226

278,439

253,733

264,706

286,431

264,966

215,117

240,335

236

247,343

325,521

126,011

143,436

132,220

122,436

138,007

153,500

109,909

83,288

109,909

68,315

53,950

38,381

40,086

36,951

31,918

23,451

27,547

23,571

16,439

12,947

14,087

11,878

12,509

12,093

13,641

14,427

12,931

13,228

16,642

16,576

15,513

16,690

17,355

10,003

8,768

10,100

9,900

9,200

7,000

8,000

9,500

8,400

6,600

6,900

8,000

8,300

6,900

7,300

7,900

9,200

8,700

9,100

10,500

10,600

7,200

7,900

7,500

7,800

7,200

6,700

7,100

7,300

7,600

7,300

300

100

> Total Current Liabilities

0
0
0
0
0
0
0
0
100
0
200
3,000
2,800
2,300
2,600
2,200
2,100
2,600
3,000
3,600
3,900
3,200
6,600
6,500
5,000
4,700
5,100
7,900
7,300
3,300
4,700
4,500
3,600
3,400
5,500
7,500
6,100
5,600
7,900
8,400
8,000
6,840
7,863
7,326
5,684
5,696
8,242
7,053
5,562
5,137
7,990
7,042
5,954
7,384
8,775
11,162
9,482
12,808
19,759
23,706
18,741
26,995
31,812
34,808
32,957
48,091
63,631
97,728
62,843
97,728
114,148
97,819
82,881
93,140
105,262
88,355
187,334
108,970
102
107,731
83,729
135,642
158,918
139,777
128,834
155,247
161,850
165,929
266,090
288,117
299,832
317,038
288,545
329,766
346,174
438,272
316,014
380,366
404,841
370,611
355,716
549,287
491,927
504,606
514,189
540,655
497,356
472,642
470,589
469,824
561,171
597,684
560,351
534,022
614,212
656,362
601,145
630,972
705,500
714,216
661,097
701,541
674,865
773,763
749,988
788,861
887,527
932,240
965,076
1,044,361
1,093,608
1,121,717
1,001,978
1,187,511
1,162,580
1,178,802
1,161,689
1,228,828

1,228,828

1,161,689

1,178,802

1,162,580

1,187,511

1,001,978

1,121,717

1,093,608

1,044,361

965,076

932,240

887,527

788,861

749,988

773,763

674,865

701,541

661,097

714,216

705,500

630,972

601,145

656,362

614,212

534,022

560,351

597,684

561,171

469,824

470,589

472,642

497,356

540,655

514,189

504,606

491,927

549,287

355,716

370,611

404,841

380,366

316,014

438,272

346,174

329,766

288,545

317,038

299,832

288,117

266,090

165,929

161,850

155,247

128,834

139,777

158,918

135,642

83,729

107,731

102

108,970

187,334

88,355

105,262

93,140

82,881

97,819

114,148

97,728

62,843

97,728

63,631

48,091

32,957

34,808

31,812

26,995

18,741

23,706

19,759

12,808

9,482

11,162

8,775

7,384

5,954

7,042

7,990

5,137

5,562

7,053

8,242

5,696

5,684

7,326

7,863

6,840

8,000

8,400

7,900

5,600

6,100

7,500

5,500

3,400

3,600

4,500

4,700

3,300

7,300

7,900

5,100

4,700

5,000

6,500

6,600

3,200

3,900

3,600

3,000

2,600

2,100

2,200

2,600

2,300

2,800

3,000

200

100

Short-term Debt

0
0
0
0
0
0
0
0
0
0
0
300
800
700
500
100
100
100
100
100
100
100
100
700
1,500
1,400
1,000
4,500
4,900
1,100
1,400
1,200
500
500
700
1,600
2,100
1,100
1,000
1,200
900
1,235
1,513
264
235
237
388
390
338
325
327
250
231
228
218
232
244
211
327
416
437
355
670
718
515
790
582
496
299
496
590
670
663
438
313
673
959
1,149
1
381
206
174
135
244
274
1,623
1,255
994
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
800
0
0
0
0
0
0
0
0
0
0
0
0
9,800
0
0
0
5,039
0
0
994
6,348
9,718
4,420
10,750
17,503
19,992
14,245
16,304
11,135
38,534
16,351
17,537
15,419

15,419

17,537

16,351

38,534

11,135

16,304

14,245

19,992

17,503

10,750

4,420

9,718

6,348

994

5,039

9,800

800

994

1,255

1,623

274

244

135

174

206

381

1,149

959

673

313

438

663

670

590

496

299

496

582

790

515

718

670

355

437

416

327

211

244

232

218

228

231

250

327

325

338

390

388

237

235

264

1,513

1,235

900

1,200

1,000

1,100

2,100

1,600

700

500

1,200

1,400

1,100

4,900

4,500

1,000

1,400

1,500

700

100

500

700

800

300

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
800
0
0
0
0
0
0
0
0
0
0
0
0
3,028
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

3,028

800

Accounts payable

0
0
0
0
0
0
0
0
100
0
200
1,200
1,100
900
900
1,100
1,000
2,000
2,400
3,000
3,400
2,500
5,800
5,300
3,400
3,000
3,700
3,000
2,100
2,000
3,100
2,800
2,300
1,800
2,900
3,300
1,900
3,800
5,100
6,300
5,900
4,552
5,204
5,578
3,682
4,028
6,446
5,206
3,920
3,724
6,688
5,897
4,732
6,053
7,493
9,076
6,521
8,419
12,890
17,790
14,543
18,688
26,534
29,037
26,614
31,602
57,766
63,550
34,362
63,550
91,822
81,201
56,766
60,667
71,272
60,724
64,787
55,784
56
66,950
48,863
83,445
87,504
91,024
85,674
89,708
102,263
108,521
113,446
134,035
157,212
152,449
127,330
135,477
144,365
162,851
119,376
125,581
155,776
145,373
127,641
167,789
194,731
238,106
144,763
183,216
183,084
172,159
193,270
178,093
242,667
229,551
245,910
226,063
267,117
278,914
248,760
267,735
292,627
304,773
274,045
305,529
261,969
281,522
296,800
334,076
362,900
396,229
404,263
438,256
492,858
520,198
444,265
491,249
568,613
539,892
564,379
533,729

533,729

564,379

539,892

568,613

491,249

444,265

520,198

492,858

438,256

404,263

396,229

362,900

334,076

296,800

281,522

261,969

305,529

274,045

304,773

292,627

267,735

248,760

278,914

267,117

226,063

245,910

229,551

242,667

178,093

193,270

172,159

183,084

183,216

144,763

238,106

194,731

167,789

127,641

145,373

155,776

125,581

119,376

162,851

144,365

135,477

127,330

152,449

157,212

134,035

113,446

108,521

102,263

89,708

85,674

91,024

87,504

83,445

48,863

66,950

55,784

64,787

60,724

71,272

60,667

56,766

81,201

91,822

63,550

34,362

63,550

57,766

31,602

26,614

29,037

26,534

18,688

14,543

17,790

12,890

8,419

6,521

9,076

7,493

6,053

4,732

5,897

6,688

3,724

3,920

5,206

6,446

4,028

3,682

5,578

5,204

4,552

5,900

6,300

5,100

3,800

1,900

3,300

2,900

1,800

2,300

2,800

3,100

2,000

2,100

3,000

3,700

3,000

3,400

5,300

5,800

2,500

3,400

3,000

2,400

2,000

1,000

1,100

900

1,100

1,200

200

100

Other Current Liabilities

0
0
0
0
0
0
0
0
0
0
0
1,500
900
700
1,200
1,000
1,000
500
500
500
400
600
700
500
100
300
400
400
300
200
200
500
800
1,100
1,900
2,600
2,100
700
1,800
900
1,200
1,052
1,147
1,483
1,767
936
514
227
1,305
1,088
976
895
310
1,103
1,064
709
647
2,000
3,592
2,932
346
5,017
4,607
5,053
5,828
11,100
5,283
22,257
24,191
27,458
20,613
-24,240
25,349
31,932
-4,497
-10,698
-16,599
-86,336
-134,089
-92,204
-96,728
42,794
61,827
38,813
32,746
53,188
47,282
44,980
141,061
142,331
130,558
152,229
148,520
181,210
187,598
260,719
182,806
240,751
234,748
210,903
178,149
370,914
270,779
235,087
337,155
321,213
281,219
266,076
235,647
249,106
274,558
324,567
271,205
263,634
303,207
333,216
308,340
309,846
369,034
365,638
342,815
346,129
368,002
446,703
407,759
402,476
468,253
486,313
507,533
546,062
536,414
544,666
498,098
640,687
512,668
582,432
537,859
635,904

635,904

537,859

582,432

512,668

640,687

498,098

544,666

536,414

546,062

507,533

486,313

468,253

402,476

407,759

446,703

368,002

346,129

342,815

365,638

369,034

309,846

308,340

333,216

303,207

263,634

271,205

324,567

274,558

249,106

235,647

266,076

281,219

321,213

337,155

235,087

270,779

370,914

178,149

210,903

234,748

240,751

182,806

260,719

187,598

181,210

148,520

152,229

130,558

142,331

141,061

44,980

47,282

53,188

32,746

38,813

61,827

42,794

-96,728

-92,204

-134,089

-86,336

-16,599

-10,698

-4,497

31,932

25,349

-24,240

20,613

27,458

24,191

22,257

5,283

11,100

5,828

5,053

4,607

5,017

346

2,932

3,592

2,000

647

709

1,064

1,103

310

895

976

1,088

1,305

227

514

936

1,767

1,483

1,147

1,052

1,200

900

1,800

700

2,100

2,600

1,900

1,100

800

500

200

300

400

300

100

500

700

600

400

500

1,000

1,200

700

900

1,500

> Long-term Liabilities

0
0
0
0
0
0
0
0
100
0
100
4,300
4,800
5,000
4,500
4,500
4,600
4,600
4,800
3,900
4,000
4,000
4,000
4,000
4,100
4,000
4,100
7,500
7,000
3,600
3,600
3,500
3,300
3,200
2,900
2,000
1,900
1,400
1,300
1,500
2,100
1,928
2,139
10,029
11,006
9,816
8,335
9,589
7,665
7,794
6,437
6,599
6,139
5,126
3,103
2,925
3,466
3,631
3,812
3,841
4,710
4,923
5,139
5,278
5,424
5,859
4,684
0
0
12,181
39,352
40,188
39,555
39,080
38,174
37,656
138,187
138,373
134
132,604
131,388
129,324
127,513
124,929
124,899
123,192
121,376
119,953
117,151
115,300
113,756
112,209
110,383
116,235
115,647
113,204
112,216
110,491
108,547
105,827
68,009
67,305
444,834
444,575
351,590
350,983
348,289
365,389
353,173
349,697
346,943
343,068
335,449
330,503
322,698
321,730
314,845
326,059
321,246
315,172
317,974
309,010
297,408
294,599
291,868
286,068
278,518
272,171
272,757
276,426
272,226
267,328
266,086
261,491
259,294
262,387
296,089
291,449

291,449

296,089

262,387

259,294

261,491

266,086

267,328

272,226

276,426

272,757

272,171

278,518

286,068

291,868

294,599

297,408

309,010

317,974

315,172

321,246

326,059

314,845

321,730

322,698

330,503

335,449

343,068

346,943

349,697

353,173

365,389

348,289

350,983

351,590

444,575

444,834

67,305

68,009

105,827

108,547

110,491

112,216

113,204

115,647

116,235

110,383

112,209

113,756

115,300

117,151

119,953

121,376

123,192

124,899

124,929

127,513

129,324

131,388

132,604

134

138,373

138,187

37,656

38,174

39,080

39,555

40,188

39,352

12,181

4,684

5,859

5,424

5,278

5,139

4,923

4,710

3,841

3,812

3,631

3,466

2,925

3,103

5,126

6,139

6,599

6,437

7,794

7,665

9,589

8,335

9,816

11,006

10,029

2,139

1,928

2,100

1,500

1,300

1,400

1,900

2,000

2,900

3,200

3,300

3,500

3,600

7,000

7,500

4,100

4,000

4,100

4,000

3,900

4,800

4,600

4,500

5,000

4,800

4,300

100

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
61,065
60,948
58,475
58,412
57,545
57,545
58,576
56,003
56,002
56,005
59,503
60,856
61,406
61,407
63,611
63,443
63,443
71,530
54,106
54,106
0
0
261,310
261,297
261,319
142,116
159,556
158,739
158,739
158,739
92,333
85,748
85,253
85,253
85,687
85,215
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

85,215

85,687

85,253

85,748

92,333

158,739

159,556

142,116

261,319

261,297

261,310

54,106

71,530

63,443

63,611

61,407

61,406

60,856

59,503

56,005

56,002

56,003

58,576

57,545

58,412

58,475

60,948

61,065

Other Liabilities

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
12,176
20,441
33,363
39,352
40,188
39,555
39,080
38,174
37,656
138,187
138,373
134,134
132,604
131,388
129,324
127,513
124,929
124,899
123,192
121,376
119,953
117,151
115,300
113,756
112,209
110,383
116,235
115,647
113,204
112,216
110,491
108,547
105,827
68,009
67,305
355,379
355,128
351,590
350,983
348,289
365,389
353,173
349,697
346,943
343,068
335,449
330,503
322,698
321,730
314,845
306,976
302,480
296,538
292,323
283,726
279,274
277,064
291,868
286,068
278,518
272,171
272,757
249,677
242,569
267,328
236,459
0
259,294
0
0
0

259,294

236,459

267,328

242,569

249,677

272,757

272,171

278,518

286,068

291,868

277,064

279,274

283,726

292,323

296,538

302,480

306,976

314,845

321,730

322,698

330,503

335,449

343,068

346,943

349,697

353,173

365,389

348,289

350,983

351,590

355,128

355,379

67,305

68,009

105,827

108,547

110,491

112,216

113,204

115,647

116,235

110,383

112,209

113,756

115,300

117,151

119,953

121,376

123,192

124,899

124,929

127,513

129,324

131,388

132,604

134,134

138,373

138,187

37,656

38,174

39,080

39,555

40,188

39,352

33,363

20,441

12,176

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
127,513
124,929
124,899
123,192
121,376
119,953
117,151
115,300
113,756
112,209
110,383
116,235
115,647
113,204
112,216
110,491
108,547
105,827
68,009
67,305
444,834
444,575
351,590
350,983
348,289
365,389
353,173
349,697
346,943
342,249
334,354
328,300
320,259
319,007
312,224
303,241
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

303,241

312,224

319,007

320,259

328,300

334,354

342,249

346,943

349,697

353,173

365,389

348,289

350,983

351,590

444,575

444,834

67,305

68,009

105,827

108,547

110,491

112,216

113,204

115,647

116,235

110,383

112,209

113,756

115,300

117,151

119,953

121,376

123,192

124,899

124,929

127,513

> Total Stockholder Equity

0
0
0
1,600
0
0
0
0
6,900
0
6,800
8,900
8,400
8,400
8,300
8,300
10,500
10,500
10,600
10,800
9,800
9,300
9,100
8,900
8,400
8,400
8,800
9,000
8,800
8,800
9,300
9,900
10,000
10,700
11,700
12,900
13,900
14,900
16,400
17,700
18,600
18,954
20,466
21,857
22,055
22,409
23,516
24,775
25,334
25,752
27,023
28,294
28,371
29,222
31,199
33,477
35,050
37,332
43,082
49,693
58,571
67,910
84,066
105,255
125,509
149,901
197,862
200,898
225,084
200,898
300,999
370,283
422,167
451,679
457,036
514,135
436,316
485,347
550
560,959
584,953
635,970
678,464
761,974
828,398
853,553
950,344
932,546
979,158
1,067,328
1,187,929
889,675
644,397
701,371
856,021
960,391
992,279
1,102,726
1,255,631
1,386,440
1,515,150
1,468,354
4,854,820
4,654,557
4,809,410
4,991,846
3,192,411
3,398,400
3,329,709
3,530,226
3,776,017
3,768,154
3,895,212
3,875,607
3,605,160
3,893,267
3,610,901
3,698,820
4,057,586
4,107,978
4,171,281
3,870,946
4,221,540
4,629,321
5,160,860
5,459,437
5,905,498
6,244,997
6,566,951
6,866,672
6,809,178
6,815,760
7,025,041
7,395,360
7,841,464
7,873,149
8,228,744
8,577,789

8,577,789

8,228,744

7,873,149

7,841,464

7,395,360

7,025,041

6,815,760

6,809,178

6,866,672

6,566,951

6,244,997

5,905,498

5,459,437

5,160,860

4,629,321

4,221,540

3,870,946

4,171,281

4,107,978

4,057,586

3,698,820

3,610,901

3,893,267

3,605,160

3,875,607

3,895,212

3,768,154

3,776,017

3,530,226

3,329,709

3,398,400

3,192,411

4,991,846

4,809,410

4,654,557

4,854,820

1,468,354

1,515,150

1,386,440

1,255,631

1,102,726

992,279

960,391

856,021

701,371

644,397

889,675

1,187,929

1,067,328

979,158

932,546

950,344

853,553

828,398

761,974

678,464

635,970

584,953

560,959

550

485,347

436,316

514,135

457,036

451,679

422,167

370,283

300,999

200,898

225,084

200,898

197,862

149,901

125,509

105,255

84,066

67,910

58,571

49,693

43,082

37,332

35,050

33,477

31,199

29,222

28,371

28,294

27,023

25,752

25,334

24,775

23,516

22,409

22,055

21,857

20,466

18,954

18,600

17,700

16,400

14,900

13,900

12,900

11,700

10,700

10,000

9,900

9,300

8,800

9,000

8,800

8,400

8,900

9,100

9,300

9,800

10,800

10,600

10,500

8,300

8,400

8,900

6,800

6,900

1,600

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
100
100
51
51
51
51
51
51
51
51
51
51
51
51
52
52
53
53
53
54
55
56
56
56
113
113
114
115
463
464
463
468
477
479
480
483
484
484
485
0
486
486
489
490
492
494
494
495
496
994
1,003
1,004
1,013
1,019
1,019
1,028
1,029
1,030
1,031
1,032
1,035
1,035
1,058
1,033
1,034
1,035
1,036
1,036
1,037
3,116
3,122
3,124
3,126
3,146
3,150
3,152
3,154
3,155
3,174
3,180
3,181
3,182
3,186
3,190
3,192
3,193
3,196
3,198
3,199
3,200
3,203
3,205
3,206
3,209
5,587
5,591
5,592
5,613
5,624

5,624

5,613

5,592

5,591

5,587

3,209

3,206

3,205

3,203

3,200

3,199

3,198

3,196

3,193

3,192

3,190

3,186

3,182

3,181

3,180

3,174

3,155

3,154

3,152

3,150

3,146

3,126

3,124

3,122

3,116

1,037

1,036

1,035

1,034

1,033

1,058

1,035

1,032

1,031

1,030

1,029

1,028

1,019

1,013

1,004

1,003

994

496

495

494

492

490

489

486

485

484

483

480

479

477

468

463

464

463

115

114

113

100

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
766,797
833,293
882,425
937,468
1,021,716
1,104,108
1,168,644
1,244,743
1,354,539
1,440,681
1,508,664
1,572,160
1,679,033
1,771,219
1,847,325
1,942,575
2,083,579
2,205,179
2,330,510
2,334,924
1,081,547
1,256,121
1,394,863
1,558,740
1,742,960
1,934,601
2,107,548
2,285,528
2,508,161
2,726,904
2,928,226
3,137,691
3,407,806
3,675,538
3,914,645
4,176,130
4,468,603
4,767,526
5,022,480
5,301,315
5,612,684
5,960,338
6,432,074
6,747,268
7,151,030
7,488,235
7,809,549
8,103,752
8,377,112
8,699,499
9,001,173
4,706,192
5,120,063
0
0
0

5,120,063

4,706,192

9,001,173

8,699,499

8,377,112

8,103,752

7,809,549

7,488,235

7,151,030

6,747,268

6,432,074

5,960,338

5,612,684

5,301,315

5,022,480

4,767,526

4,468,603

4,176,130

3,914,645

3,675,538

3,407,806

3,137,691

2,928,226

2,726,904

2,508,161

2,285,528

2,107,548

1,934,601

1,742,960

1,558,740

1,394,863

1,256,121

1,081,547

2,334,924

2,330,510

2,205,179

2,083,579

1,942,575

1,847,325

1,771,219

1,679,033

1,572,160

1,508,664

1,440,681

1,354,539

1,244,743

1,168,644

1,104,108

1,021,716

937,468

882,425

833,293

766,797

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
-300
-400
-500
-500
-600
-600
-600
-700
-700
-800
-800
-900
-900
-900
-900
-922
-983
-1,071
-1,078
0
0
-1,078
-1,495
-1,495
-1,495
-1,495
-1,917
-1,917
-1,917
-1,917
-2,427
-1,982
-2,148
-2,214
-2,346
-1,727
-1,689
-1,906
-2,102
-2,377
-2,702
-3,066
-3,011
-3,066
-3,768
-4,239
-47
-3,274
-3,429
-3,201
-10,825
-8,314
-6
-4,525
-4,667
-2,164
-4,185
-885
281
1,110
2,004
-1,504
-1,547
908
-1,820
905
2,074
-543
-2,984
-1,134
-1,233
-1,131
-621
-6,337
-11,453
-21,433
-19,073
-20,851
-21,878
-15,443
-14,477
-14,534
-23,249
-21,917
-16,833
-15,533
-16,659
-13,721
-25,196
-29,777
-32,864
-34,125
-28,756
-43,083
-32,387
-62,682
-53,438
-32,529
3,034
-24,874
-16,822
-43,495
-69,165
-72,145
-152,957
-224,455
-159,073
-147,911
-155,725
-198,033
-125,337
-157,940

-157,940

-125,337

-198,033

-155,725

-147,911

-159,073

-224,455

-152,957

-72,145

-69,165

-43,495

-16,822

-24,874

3,034

-32,529

-53,438

-62,682

-32,387

-43,083

-28,756

-34,125

-32,864

-29,777

-25,196

-13,721

-16,659

-15,533

-16,833

-21,917

-23,249

-14,534

-14,477

-15,443

-21,878

-20,851

-19,073

-21,433

-11,453

-6,337

-621

-1,131

-1,233

-1,134

-2,984

-543

2,074

905

-1,820

908

-1,547

-1,504

2,004

1,110

281

-885

-4,185

-2,164

-4,667

-4,525

-6

-8,314

-10,825

-3,201

-3,429

-3,274

-47

-4,239

-3,768

-3,066

-3,011

-3,066

-2,702

-2,377

-2,102

-1,906

-1,689

-1,727

-2,346

-2,214

-2,148

-1,982

-2,427

-1,917

-1,495

-1,078

-1,071

-983

-922

-900

-800

-700

-600

-500

-400

-300

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
157,204
170,916
187,040
195,185
206,833
220,331
229,301
238,908
252,440
262,805
287,953
297,409
347,653
357,991
368,069
383,183
394,612
417,601
426,145
636,274
3,952,030
3,966,395
3,991,857
4,005,996
4,021,613
4,036,204
4,051,245
4,072,508
4,090,818
4,111,781
4,150,628
4,170,565
4,194,676
4,219,630
4,238,170
4,288,638
4,350,177
4,370,280
4,397,511
4,428,580
4,474,379
4,513,743
4,537,982
4,562,689
4,597,333
4,626,299
4,652,620
4,673,302
4,707,569
4,736,141
4,780,013
4,829,301
4,869,791
0
0
0

4,869,791

4,829,301

4,780,013

4,736,141

4,707,569

4,673,302

4,652,620

4,626,299

4,597,333

4,562,689

4,537,982

4,513,743

4,474,379

4,428,580

4,397,511

4,370,280

4,350,177

4,288,638

4,238,170

4,219,630

4,194,676

4,170,565

4,150,628

4,111,781

4,090,818

4,072,508

4,051,245

4,036,204

4,021,613

4,005,996

3,991,857

3,966,395

3,952,030

636,274

426,145

417,601

394,612

383,183

368,069

357,991

347,653

297,409

287,953

262,805

252,440

238,908

229,301

220,331

206,833

195,185

187,040

170,916

157,204

Treasury Stock

-5,841,440

-5,829,253

-5,829,241

-5,828,842

-5,815,423

-5,815,275

-5,799,453

-5,219,505

-4,989,926

-4,735,618

-4,734,997

-4,512,205

-3,975,278

-3,422,078

-3,170,129

-3,058,124

-2,809,253

-2,809,015

-2,808,951

-2,558,908

-2,558,721

-558,483

-556,467

-548,142

-160,717

-1,482,469

-1,231,087

-1,231,038

-1,222,971

-1,222,932

-1,222,912

-1,168,714

-1,168,709

-1,168,674

-1,155,313

-815,729

-418,234

-390,885

-280,704

-241,842

-218,302

-183,086

-132,129

-78,628

-28,662

-28,642

-28,514

-815

-814

-815

-731

-730

-590

Other Stockholders Equity

0
0
0
2,500
0
0
0
0
7,100
0
7,200
9,100
8,600
8,600
0
7,900
10,200
10,100
10,100
10,900
10,900
10,900
10,900
10,800
10,900
10,900
11,200
11,400
11,400
11,400
11,400
11,500
11,500
11,600
11,500
11,700
11,900
12,200
12,200
12,100
12,200
11,902
11,822
11,937
11,931
10,881
10,881
11,959
12,607
12,615
12,615
12,615
13,037
13,254
13,254
13,437
14,294
13,948
14,785
15,662
17,345
17,220
18,092
19,252
21,205
24,781
44,865
0
0
21,460
41,548
65,497
68,088
72,014
27,291
31,724
-15,023
-10,069
-4,944
-52,041
-81,262
-65,314
-84,638
-70,926
-54,802
-85,519
-73,871
-170,554
-188,933
-179,326
-165,794
-552,924
-867,360
-871,265
-821,056
-810,723
-854,843
-839,749
-828,359
-813,437
-804,942
-846,195
3,791,313
3,418,253
3,435,390
3,447,513
1,462,892
1,477,296
1,242,294
1,263,493
1,281,565
1,053,657
980,499
748,487
219,398
244,352
-274,035
-446,359
-385,441
-619,646
-821,994
-1,370,873
-1,340,896
-1,301,680
-1,277,441
-1,266,153
-1,231,908
-1,202,942
-1,176,633
-1,168,138
-1,418,182
-1,662,490
-1,820,268
2,831,492
2,871,535
2,492,833
2,408,732
2,348,320

2,348,320

2,408,732

2,492,833

2,871,535

2,831,492

-1,820,268

-1,662,490

-1,418,182

-1,168,138

-1,176,633

-1,202,942

-1,231,908

-1,266,153

-1,277,441

-1,301,680

-1,340,896

-1,370,873

-821,994

-619,646

-385,441

-446,359

-274,035

244,352

219,398

748,487

980,499

1,053,657

1,281,565

1,263,493

1,242,294

1,477,296

1,462,892

3,447,513

3,435,390

3,418,253

3,791,313

-846,195

-804,942

-813,437

-828,359

-839,749

-854,843

-810,723

-821,056

-871,265

-867,360

-552,924

-165,794

-179,326

-188,933

-170,554

-73,871

-85,519

-54,802

-70,926

-84,638

-65,314

-81,262

-52,041

-4,944

-10,069

-15,023

31,724

27,291

72,014

68,088

65,497

41,548

21,460

44,865

24,781

21,205

19,252

18,092

17,220

17,345

15,662

14,785

13,948

14,294

13,437

13,254

13,037

12,615

12,607

11,959

10,881

11,931

11,937

11,822

11,902

12,200

12,100

12,200

11,900

11,700

11,500

11,600

11,500

11,400

11,200

10,900

10,800

10,900

10,100

10,200

7,900

8,600

9,100

7,200

7,100

2,500

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
Accounts Payable	564,379	444,265	404,263	296,800	274,045	248,760	245,910	193,270	144,763	127,641	119,376	127,330	113,446	85,674	48,863	64,787	56,766	34,362	26,614	14,543	6,521	4,732	3,920	3,682	5,900	1,900	2,300	2,100	3,400	3,400	1,000	1,100	100	100	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	-125,337	-159,073	-69,165	3,034	-32,387	-32,864	-16,659	-23,249	-21,878	-11,453	-1,233	2,074	-1,547	281	-4,667	-10,825	-47	-3,011	-2,102	-2,346	-2,427	-1,917	-1,495	-1,078	-900	-800	-600	-500	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
Capital Lease Obligations	0	0	0	0	0	0	0	0	0	0	0	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	5,613	3,209	3,200	3,193	3,182	3,155	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
Capital Surpluse	0	4,780,013	4,652,620	4,537,982	4,397,511	4,238,170	4,150,628	4,051,245	3,991,857	426,145	368,069	287,953	229,301	187,040	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash	2,297,675	1,307,141	1,326,462	1,180,413	797,957	637,513	528,622	377,582	2,175,417	370,323	211,349	222,514	359,331	354,842	328,349	256,801	12,440	35,129	61,654	20,976	1,099	538	248	131	2,000	3,800	400	200	100	1,100	2,300	900	7,000	7,100	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	3,253,280	2,669,455	3,076,189	2,061,767	1,331,020	958,163	1,201,555	598,136	2,920,027	1,151,457	613,596	319,556	770,613	599,491	346,836	285,946	12,440	136,796	73,515	20,976	1,099	538	248	131	2,000	3,800	400	200	100	1,100	2,300	900	7,000	7,100	0
Common Stock	5,613	3,209	3,200	3,193	3,182	3,155	3,146	3,116	1,035	1,035	1,030	1,019	994	494	486	484	479	464	113	56	53	51	51	51	100	0	0	0	0	0	0	0	0	0	0
Common Stock Shares Outstanding	1,057,981	1,066,442	1,071,278	1,069,614	1,093,216	1,128,508	1,154,282	1,199,638	1,155,516	1,045,710	1,040,322	1,098,498	1,120,044	1,116,252	1,135,716	1,170,360	1,186,488	1,183,032	1,165,068	1,133,754	1,033,167	992,602	1,035,207	989,084	1,009,018	1,001,350	960,000	960,000	832,000	896,000	822,857	640,000	346,176	147,692	609,984
Common Stock Total Equity	0	3,209	3,200	3,193	3,182	3,155	3,146	3,116	1,035	1,035	1,030	1,019	994	494	486	484	479	464	113	56	53	51	51	51	100	0	0	0	0	0	0	0	0	0	0
Current Deferred Revenue	41,914	43,311	42,530	45,429	44,237	44,045	43,236	41,672	32,271	49,926	13,832	12,695	11,583	10,140	131,388	138,187	103	3,324	0	3,415	2,069	681	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Long Term Asset Charges	0	0	0	0	0	85,687	92,333	159,556	261,310	54,106	63,611	59,503	58,576	58,475	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	0	0	0	0	312,224	334,354	353,173	351,590	68,009	112,216	110,383	117,151	124,899	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	1,417,941	1,417,941	1,331,643	1,331,643	1,331,643	1,331,643	1,331,643	1,331,643	1,279,715	50,748	65,774	54,648	48,396	43,316	33,512	28,365	24,066	21,202	19,103	18,352	18,294	17,360	17,350	16,888	10,800	10,000	10,200	10,500	0	0	0	0	0	0	0
Intangible Assets	1,427,139	1,220,410	1,072,386	1,059,046	1,052,105	1,045,878	1,034,085	1,032,635	427,986	50,748	65,774	54,648	48,396	43,316	33,512	28,365	24,066	21,202	19,103	18,352	18,294	17,360	17,350	16,888	10,800	10,000	10,200	10,500	10,800	11,200	11,700	12,500	0	0	0
Inventory	971,406	935,631	593,357	333,085	360,731	277,705	255,745	161,971	156,121	174,573	221,449	203,106	155,613	153,241	108,143	116,326	98,140	77,013	31,400	22,406	17,644	11,644	11,957	10,908	9,900	5,200	3,900	3,100	3,100	2,700	1,200	1,100	0	0	0
Liabilities And Stockholders Equity	9,686,522	8,293,105	7,804,784	6,202,716	5,150,352	4,526,891	4,791,012	4,153,471	5,675,189	1,938,875	1,420,509	1,043,325	1,362,399	1,082,131	800,070	761,837	544,603	308,372	163,890	82,022	47,997	40,464	38,561	38,745	28,700	21,900	16,900	16,100	17,500	17,700	17,200	16,000	7,000	7,100	0
Long Term Debt	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	4	10	146	358	3,606	5,851	9,732	0	0	0	0	0	0	0	0	0	0	0
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
Long Term Investments	76,431	61,443	99,419	44,291	12,905	0	2,366	2,394	15,348	42,940	9,792	21,393	23,194	44,189	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	-2,231,660	-1,261,210	-1,298,282	-1,162,272	-769,494	-625,813	-522,622	-377,582	-2,175,417	-370,323	-211,349	-222,514	-359,331	-354,568	-328,143	-255,842	-11,777	-34,826	-61,129	-20,392	-496	3,299	5,941	9,836	-200	-400	3,500	4,700	5,400	3,000	1,700	4,100	-7,000	-7,100	0
Net Invested Capital	8,228,744	7,025,041	6,566,951	5,160,860	4,171,281	3,610,901	3,895,212	0	0	0	0	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	1,193,964	1,016,203	896,658	666,012	540,330	484,562	449,476	573,051	477,955	280,755	296,180	236,710	218,741	101,635	108,905	45,233	81,497	54,624	28,752	12,650	5,373	5,949	4,412	6,584	3,800	1,800	1,500	900	1,700	1,000	1,400	1,200	0	0	0
Net Tangible Assets	0	4,610,490	4,162,922	3,034,607	2,075,002	1,233,380	1,529,484	965,431	3,101,709	1,464,402	926,505	589,749	930,762	785,082	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Working Capital	4,427,307	3,762,919	3,717,034	2,390,967	1,655,212	1,203,025	1,526,026	961,681	3,068,413	1,337,713	867,029	546,523	916,587	769,319	501,775	373,990	187,268	212,314	107,329	41,639	17,196	14,950	12,978	13,644	9,000	5,000	2,500	-2,700	400	1,400	3,000	300	6,900	6,900	0
Non Current Assets Total	4,097,526	3,528,208	3,122,674	3,061,761	2,834,043	2,722,721	2,704,635	2,721,201	2,092,587	245,446	237,466	208,257	179,722	183,978	214,566	200,513	274,454	33,215	23,604	21,642	21,319	19,560	20,021	19,417	11,700	10,800	10,800	11,500	12,100	12,400	12,100	12,900	0	0	0
Non Current Liabilities Other	91,838	42,286	29,508	27,432	30,505	2,621	1,095	0	0	0	0	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	296,089	266,086	272,757	291,868	317,974	314,845	335,449	353,173	351,590	68,009	112,216	110,383	117,151	124,899	131,388	138,187	39,555	20,445	5,424	4,710	3,466	6,139	7,665	11,006	2,100	1,900	3,300	7,000	4,100	4,000	4,600	4,800	100	100	0
Non Currrent Assets Other	51,055	134,478	80,252	70,475	53,973	14,562	13,932	21,630	10,874	7,496	10,146	3,576	4,405	3,447	1,226	2,444	730	1,447	758	326	222	336	726	666	400	200	200	400	500	500	200	300	0	0	0
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	0	273,505	305,473	356,416	105,508	100,249	106,265	181,186	151,342	61,602	73,757	63,079	62,981	61,922	66,904	68,192	14,736	6,448	758	326	222	336	726	666	0	0	0	0	0	0	0	0	0	0	0
Other Current Assets	170,346	109,823	115,906	80,091	84,228	44,909	40,877	32,562	26,967	19,673	21,376	24,983	37,710	43,786	21,620	90,722	78,072	6,724	-1	4,348	2,562	2,773	1,923	1,705	1,300	300	300	400	500	500	200	-100	0	0	0
Other Current Liab	537,859	498,098	507,533	405,357	339,154	296,640	265,205	235,647	337,155	178,149	182,806	148,520	141,061	32,746	-96,728	-16,599	25,349	24,858	5,828	346	647	310	1,305	1,767	1,200	2,100	800	300	100	400	1,000	900	0	100	0
Other Liab	0	236,459	272,757	291,868	292,323	314,845	335,449	353,173	351,590	68,009	112,216	110,383	117,151	124,899	131,388	138,187	39,555	20,441	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Stockholder Equity	2,408,732	-1,820,268	-1,176,633	-1,277,441	-821,994	-274,035	980,499	1,242,294	3,435,390	-804,942	-854,843	-867,360	-188,933	-54,802	-81,262	-15,023	68,088	23,389	21,205	17,345	14,294	13,037	12,607	11,931	12,200	11,900	11,500	11,400	10,900	10,900	10,200	8,600	7,100	7,100	0
Preferred Stock Redeemable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	1,152,031	750,055	538,538	314,656	298,640	243,051	230,276	173,343	97,354	90,156	88,143	69,137	45,151	34,551	33,314	14,389	8,567	5,565	3,743	2,964	2,803	1,863	1,945	1,863	500	600	400	600	0	0	0	0	0	0	0
Property Plant And Equipment Net	949,641	516,897	313,753	314,656	298,640	243,051	230,276	173,343	97,354	90,156	88,143	69,137	45,151	34,551	33,314	14,389	8,567	5,565	3,743	2,964	2,803	1,863	1,945	1,863	500	600	400	600	800	700	200	100	0	0	0
Property Plant Equipment	0	516,897	313,753	314,656	298,640	243,051	230,276	173,343	97,354	90,156	88,143	69,137	45,151	34,551	33,314	14,389	8,567	5,565	3,743	2,964	2,803	1,863	1,945	1,863	0	0	0	0	0	0	0	0	0	0	0
Retained Earnings	5,939,736	9,001,173	7,809,549	6,432,074	5,022,480	3,914,645	2,928,226	2,107,548	1,394,863	2,330,510	1,847,325	1,508,664	1,168,644	882,425	670,396	461,680	353,647	204,242	106,293	43,517	23,130	17,199	14,170	11,151	7,200	2,800	-900	-2,100	-2,500	-1,100	300	-200	-200	-200	0
Retained Earnings Total Equity	0	9,001,173	7,809,549	6,432,074	5,022,480	3,914,645	2,928,226	2,107,548	1,394,863	2,330,510	1,847,325	1,508,664	1,168,644	882,425	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Long Term Debt	0	0	0	0	0	0	0	0	800	0	0	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	66,015	45,931	28,180	18,141	28,463	11,700	6,000	0	0	0	0	0	0	274	206	959	663	303	525	584	602	3,837	6,189	9,967	1,800	3,400	3,900	4,900	5,500	4,100	4,000	5,000	0	0	0
Short Term Debt	17,537	16,304	10,750	2,402	3,661	11,700	6,000	0	800	0	0	0	0	274	206	959	663	299	515	437	244	231	338	235	900	2,100	500	4,900	1,500	100	100	800	0	0	0
Short Term Investments	955,605	1,362,314	1,749,727	881,354	533,063	320,650	672,933	220,554	744,610	781,134	402,247	97,042	411,282	244,649	18,487	29,145	63,125	101,667	11,861	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
Total Assets	9,686,522	8,293,105	7,804,784	6,202,716	5,150,352	4,526,891	4,791,012	4,153,471	5,675,189	1,938,875	1,420,509	1,043,325	1,362,399	1,082,131	800,070	761,837	544,603	308,372	163,890	82,022	47,997	40,464	38,561	38,745	28,700	21,900	16,900	16,100	17,500	17,700	17,200	16,000	7,000	7,100	0
Total Current Assets	5,588,996	4,764,897	4,682,110	3,140,955	2,316,309	1,804,170	2,086,377	1,432,270	3,582,602	1,693,429	1,183,043	835,068	1,182,677	898,153	585,504	561,324	270,149	275,157	140,286	60,380	26,678	20,904	18,540	19,328	17,000	11,100	6,100	4,600	5,400	5,300	5,100	3,100	7,000	7,100	0
Total Current Liabilities	1,161,689	1,001,978	965,076	749,988	661,097	601,145	560,351	470,589	514,189	355,716	316,014	288,545	266,090	128,834	83,729	187,334	82,881	62,843	32,957	18,741	9,482	5,954	5,562	5,684	8,000	6,100	3,600	7,300	5,000	3,900	2,100	2,800	100	200	0
Total Liab	1,457,778	1,268,064	1,237,833	1,041,856	979,071	915,990	895,800	823,762	865,779	423,725	428,230	398,928	383,241	253,733	215,117	325,521	122,436	83,288	38,381	23,451	12,947	12,093	13,228	16,690	10,100	8,000	6,900	7,300	9,100	7,900	6,700	7,600	100	200	0
Total Permanent 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
Total Stockholder Equity	8,228,744	7,025,041	6,566,951	5,160,860	4,171,281	3,610,901	3,895,212	3,329,709	4,809,410	1,515,150	992,279	644,397	979,158	828,398	584,953	436,316	422,167	225,084	125,509	58,571	35,050	28,371	25,334	22,055	18,600	13,900	10,000	8,800	8,400	9,800	10,500	8,400	6,900	6,900	0
Treasury Stock	0	0	-5,829,253	-5,815,423	-5,219,505	-4,512,205	-3,170,129	-2,808,951	-556,467	-1,231,087	-1,222,912	-1,155,313	-418,234	-241,842	-218,302	-132,129	-28,662	-28,514	-815	-815	-815	-815	-814	-815	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

	2024-03-31	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	1990-09-30	1990-06-30	1990-03-31	1989-12-31	1989-09-30
Accounts Payable	533,729	564,379	539,892	568,613	491,249	444,265	520,198	492,858	438,256	404,263	396,229	362,900	334,076	296,800	281,522	261,969	305,529	274,045	304,773	292,627	267,735	248,760	278,914	267,117	226,063	245,910	229,551	242,667	178,093	193,270	172,159	183,084	183,216	144,763	238,106	194,731	167,789	127,641	145,373	155,776	125,581	119,376	162,851	144,365	135,477	127,330	152,449	157,212	134,035	113,446	108,521	102,263	89,708	85,674	91,024	87,504	83,445	48,863	66,950	56	55,784	64,787	60,724	71,272	60,667	56,766	81,201	91,822	63,550	34,362	63,550	57,766	31,602	26,614	29,037	26,534	18,688	14,543	17,790	12,890	8,419	6,521	9,076	7,493	6,053	4,732	5,897	6,688	3,724	3,920	5,206	6,446	4,028	3,682	5,578	5,204	4,552	5,900	6,300	5,100	3,800	1,900	3,300	2,900	1,800	2,300	2,800	3,100	2,000	2,100	3,000	3,700	3,000	3,400	5,300	5,800	2,500	3,400	3,000	2,400	2,000	1,000	1,100	900	900	1,100	1,200	200	-	100	-	-	-	-	-	-	-	-
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	-	-	-	-	-	-	-	-	-	-	-
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	-	-	-	-	-	-	-	-	-	-	-
Accumulated Other Comprehensive Income	-157,940	-125,337	-198,033	-155,725	-147,911	-159,073	-224,455	-152,957	-72,145	-69,165	-43,495	-16,822	-24,874	3,034	-32,529	-53,438	-62,682	-32,387	-43,083	-28,756	-34,125	-32,864	-29,777	-25,196	-13,721	-16,659	-15,533	-16,833	-21,917	-23,249	-14,534	-14,477	-15,443	-21,878	-20,851	-19,073	-21,433	-11,453	-6,337	-621	-1,131	-1,233	-1,134	-2,984	-543	2,074	905	-1,820	908	-1,547	-1,504	2,004	1,110	281	-885	-4,185	-2,164	-4,667	-4,525	-6	-8,314	-10,825	-3,201	-3,429	-3,274	-47	-4,239	-3,768	-3,066	-3,011	-3,066	-2,702	-2,377	-2,102	-1,906	-1,689	-1,727	-2,346	-2,214	-2,148	-1,982	-2,427	-1,917	-1,917	-1,917	-1,917	-1,495	-1,495	-1,495	-1,495	-1,078	0	0	-1,078	-1,071	-983	-922	-900	-900	-900	-900	-800	-800	-700	-700	-600	-600	-600	-500	-500	-400	-300	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	-	-	-	-	-	-	-	-	-	-	-
Capital Lease Obligations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	30,323	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	5,624	5,613	5,592	5,591	5,587	3,209	3,206	3,205	3,203	3,200	3,199	3,198	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	4,869,791	4,829,301	4,780,013	4,736,141	4,707,569	4,673,302	4,652,620	4,626,299	4,597,333	4,562,689	4,537,982	4,513,743	4,474,379	4,428,580	4,397,511	4,370,280	4,350,177	4,288,638	4,238,170	4,219,630	4,194,676	4,170,565	4,150,628	4,111,781	4,090,818	4,072,508	4,051,245	4,036,204	4,021,613	4,005,996	3,991,857	3,966,395	3,952,030	636,274	426,145	417,601	394,612	383,183	368,069	357,991	347,653	297,409	287,953	262,805	252,440	238,908	229,301	220,331	206,833	195,185	187,040	170,916	157,204	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	2,576,524	2,297,675	1,773,849	1,869,774	1,672,660	1,307,141	1,303,048	1,132,039	1,014,786	1,326,462	1,712,671	1,584,239	1,178,879	1,180,413	1,074,730	921,326	701,836	797,957	717,617	888,247	618,344	637,513	713,714	659,687	511,360	528,622	465,559	777,655	576,337	377,582	341,526	434,769	2,528,109	2,175,417	1,240,717	1,696,295	362,787	370,323	408,323	373,051	312,020	211,349	287,019	283,839	242,533	222,514	283,054	419,167	391,438	359,331	287,157	418,197	295,505	354,842	509,629	409,911	375,908	328,349	317,657	283	279,123	256,801	256,436	182,953	51,175	12,440	59,074	55,482	43,934	35,129	43,934	18,964	30,538	61,654	41,282	33,428	30,574	20,976	17,279	7,473	2,815	1,099	976	754	2,209	538	2,912	161	451	248	560	404	194	131	125	122	134	2,000	2,800	2,900	2,100	3,800	4,300	2,100	500	400	500	300	100	200	200	100	0	100	500	700	500	1,100	1,700	2,300	2,600	2,300	900	1,200	1,100	900	1,700	6,800	-	7,000	-	-	-	-	1,600	-	-	-
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	-	-	-	-	-	-	-	-	-	-	-
Cash And Short Term Investments	3,560,725	3,253,280	3,010,601	3,287,013	3,055,688	2,669,455	2,649,829	2,469,831	2,732,434	3,076,189	2,936,737	2,553,191	2,158,987	2,061,767	1,674,056	1,172,079	935,349	1,331,020	1,304,973	1,246,235	882,041	958,163	1,171,612	870,780	1,096,582	1,201,555	1,095,907	1,101,506	785,703	598,136	599,179	479,088	3,036,352	2,920,027	2,785,427	2,931,153	1,010,071	1,151,457	996,364	827,020	750,952	613,596	602,591	432,036	344,672	319,556	590,708	870,230	811,026	770,613	699,412	699,415	594,490	599,491	533,832	471,573	437,224	346,836	347,844	314	284,098	285,946	256,436	205,019	159,108	12,440	255,445	198,095	126,633	0	0	115,001	97,720	73,515	49,934	33,428	30,574	20,976	17,279	7,473	2,815	1,099	976	754	2,209	538	2,912	161	451	248	560	404	194	131	125	122	134	2,000	2,800	2,900	2,100	3,800	4,300	2,100	500	400	500	300	100	200	200	100	0	100	500	700	500	1,100	1,700	2,300	2,600	2,300	900	1,200	1,100	900	1,700	6,800	-	7,000	-	-	-	-	1,600	-	-	-
Common Stock	5,624	5,613	5,592	5,591	5,587	3,209	3,206	3,205	3,203	3,200	3,199	3,198	3,196	3,193	3,192	3,190	3,186	3,182	3,181	3,180	3,174	3,155	3,154	3,152	3,150	3,146	3,126	3,124	3,122	3,116	1,037	1,036	1,036	1,035	1,034	1,033	1,058	1,035	1,035	1,032	1,031	1,030	1,029	1,028	1,019	1,019	1,013	1,004	1,003	994	496	495	494	494	492	490	489	486	486	0	485	484	484	483	480	479	477	468	463	464	463	115	114	113	113	56	56	56	55	54	53	53	53	52	52	51	51	51	51	51	51	51	51	51	51	51	51	100	100	0	0	0	0	0	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	1,051,282	1,052,524	1,059,966	1,060,093	1,059,069	1,058,310	1,066,600	1,069,622	1,071,108	1,071,494	1,071,830	1,071,114	1,069,964	1,068,398	1,066,526	1,062,382	1,081,036	1,082,490	1,096,844	1,096,436	1,096,546	1,113,332	1,119,910	1,132,704	1,148,258	1,150,072	1,156,736	1,156,040	1,164,064	1,161,038	1,166,586	1,229,808	1,241,448	1,234,788	1,248,564	1,088,502	1,042,668	1,049,592	1,045,620	1,043,784	1,042,446	1,040,208	1,043,688	1,040,100	1,035,354	1,056,672	1,103,394	1,117,704	1,111,572	1,120,044	1,119,840	1,123,248	1,123,488	1,116,252	1,114,380	1,115,628	1,116,372	1,135,716	1,136,196	1,143,792	1,143,792	1,170,360	1,162,992	1,175,952	1,188,084	1,186,488	1,186,740	1,181,460	1,186,068	540,354	593,034	1,191,468	1,207,428	1,165,067	1,168,048	1,170,492	1,157,840	1,133,754	1,136,909	1,121,502	1,100,509	1,033,167	1,032,559	1,003,592	1,001,851	992,602	997,432	992,435	992,614	990,231	990,977	988,062	989,443	998,947	1,004,896	995,290	1,006,266	1,009,018	960,000	960,000	1,010,086	1,001,350	960,000	960,000	960,000	891,710	960,000	960,000	875,808	960,000	960,000	960,000	875,808	832,000	822,857	960,000	960,000	896,000	960,000	480,000	960,000	822,857	960,000	960,000	960,000	640,000	960,000	960,000	960,000	1,384,704	346,176	346,176	346,176	137,143	609,984	152,496	152,496	152,496
Common Stock Total Equity	0	0	0	5,591	5,587	3,209	3,206	3,205	3,203	3,200	3,199	3,198	3,196	3,193	3,192	3,190	3,186	3,182	3,181	3,180	3,174	3,155	3,154	3,152	3,150	3,146	3,126	3,124	3,122	3,116	1,037	1,036	1,036	1,035	1,034	1,033	1,058	1,035	1,035	1,032	1,031	1,030	1,029	1,028	1,019	1,019	1,013	1,004	1,003	994	496	495	494	494	492	490	489	486	486	486	485	484	484	483	480	479	477	468	463	464	463	115	114	113	113	56	56	56	55	54	53	53	53	52	52	51	51	51	51	51	51	51	51	51	51	51	51	100	100	0	0	0	0	0	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	43,776	41,914	40,127	42,765	44,440	43,311	42,608	44,344	42,540	42,530	45,278	46,656	45,961	45,429	45,538	44,894	44,844	44,237	43,805	43,839	43,591	44,045	44,232	43,888	44,325	43,236	43,566	43,946	42,625	41,672	34,407	33,053	36,226	32,271	31,413	26,417	10,584	49,926	14,335	14,317	14,034	13,832	14,702	14,211	13,079	12,695	12,360	12,062	11,751	11,583	11,434	11,050	10,728	10,140	9,696	9,452	9,229	131,388	132,604	134,134	138,373	138,187	37,656	38,174	103	103	40,188	1,123	6,224	0	0	0	4,600	0	0	0	2,935	3,415	2,567	2,950	2,178	2,069	1,145	0	0	681	0	0	0	0	1,229	893	496	0	0	0	0	0	0	0	0	0	0	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	85,215	85,687	85,253	85,253	85,748	92,333	158,739	158,739	158,739	159,556	142,116	261,319	261,297	261,310	0	0	54,106	54,106	71,530	63,443	63,443	63,611	61,407	61,406	60,856	59,503	56,005	56,002	56,003	58,576	57,545	57,545	58,412	58,475	60,948	61,065	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	303,241	312,224	319,007	320,259	328,300	334,354	342,249	346,943	349,697	353,173	365,389	348,289	350,983	351,590	444,575	444,834	67,305	68,009	105,827	108,547	110,491	112,216	113,204	115,647	116,235	110,383	112,209	113,756	115,300	117,151	119,953	121,376	123,192	124,899	124,929	127,513	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-	-	-	-	-	-	-	-	-	-	-
Good Will	1,417,941	1,417,941	1,417,941	1,417,941	1,417,941	1,417,941	1,412,941	1,412,941	1,411,928	1,331,643	1,331,643	1,331,643	1,331,643	1,331,643	1,331,643	1,331,643	1,331,643	1,331,643	1,331,643	1,331,643	1,331,643	1,331,643	1,331,643	1,331,643	1,331,643	1,331,643	1,331,643	1,331,643	1,331,643	1,331,643	1,283,643	1,283,643	1,279,715	1,279,715	1,287,777	1,287,777	52,300	50,748	49,100	66,351	65,525	65,774	63,613	59,725	57,999	54,648	52,851	50,875	49,132	48,396	47,466	46,677	45,300	43,316	42,230	39,752	36,930	33,512	31,674	29,819	28,993	28,365	25,512	24,723	24,375	24,066	23,922	23,555	22,412	21,202	20,208	19,078	19,092	19,103	18,411	18,324	18,338	18,352	18,263	18,268	18,281	18,294	17,761	17,344	17,352	17,360	17,354	17,352	17,356	17,350	17,566	17,684	16,775	16,888	16,986	10,608	10,691	10,800	10,700	9,900	9,900	10,000	10,100	10,100	10,200	10,200	10,300	10,400	10,400	10,500	10,500	10,600	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-
Intangible Assets	1,430,762	1,427,139	1,459,447	1,224,100	1,222,598	1,220,410	1,225,826	1,223,114	1,232,113	1,072,386	1,066,083	1,058,323	1,063,092	1,059,046	1,059,537	1,055,544	1,053,107	1,052,105	1,047,473	1,045,810	1,042,839	1,045,878	1,042,248	1,039,401	1,036,661	1,034,085	1,033,481	1,032,874	1,032,886	1,032,635	1,080,813	1,082,151	428,578	427,986	428,201	428,166	52,300	50,748	49,100	66,351	65,525	65,774	63,613	59,725	57,999	54,648	52,851	50,875	49,132	48,396	47,466	46,677	45,300	43,316	42,230	39,752	36,930	33,512	31,674	30	28,993	28,365	25,512	24,723	24,375	24,066	23,922	23,555	20,208	21,202	20,208	19,078	19,092	19,103	18,411	18,324	18,338	18,352	18,263	18,268	18,281	18,294	17,761	17,344	17,352	17,360	17,354	17,352	17,356	17,350	17,566	17,684	16,775	16,888	16,986	10,608	10,691	10,800	10,700	9,900	9,900	10,000	10,100	10,100	10,200	10,200	10,300	10,400	10,400	10,500	10,500	10,600	10,700	10,800	10,900	11,000	11,100	11,200	11,300	11,400	11,600	11,700	11,500	12,300	12,400	12,500	12,700	-	-	-	-	-	-	-	-	-	-	-
Inventory	939,630	971,406	883,582	846,812	906,723	935,631	862,977	885,948	821,132	593,357	471,553	382,890	368,402	333,085	318,956	340,536	352,305	360,731	317,745	299,529	300,780	277,705	262,084	275,566	268,607	255,745	213,341	190,600	171,290	161,971	167,840	174,401	165,929	156,121	159,691	180,892	197,914	174,573	205,449	207,908	204,061	221,449	247,368	233,549	215,337	203,106	193,934	199,053	179,127	155,613	164,481	156,778	173,725	153,241	148,938	139,233	119,145	108,143	123,942	117	110,101	116,326	110,466	123,218	109,784	98,140	94,025	87,498	80,683	77,013	80,683	50,297	29,390	31,400	28,856	27,801	23,451	22,406	19,703	19,614	17,281	17,644	13,609	13,130	11,030	11,644	11,893	11,400	10,175	11,957	11,863	9,949	10,193	10,908	10,778	8,999	9,995	9,900	7,800	6,500	5,400	5,200	4,200	4,000	3,500	3,900	3,400	3,100	2,800	3,100	3,600	3,300	2,900	3,100	3,800	3,700	2,200	2,700	2,000	1,600	1,600	1,200	1,200	800	900	1,100	600	-	-	-	-	-	-	-	-	-	-	-
Liabilities And Stockholders Equity	10,098,066	9,686,522	9,314,338	9,263,338	8,844,362	8,293,105	8,204,805	8,175,012	8,187,459	7,804,784	7,449,408	7,071,543	6,534,366	6,202,716	5,697,683	5,193,813	4,881,497	5,150,352	5,137,366	5,084,332	4,655,851	4,526,891	4,871,359	4,542,070	4,740,132	4,791,012	4,708,906	4,684,131	4,349,747	4,153,471	4,236,431	4,038,056	5,883,484	5,675,189	5,603,738	5,791,581	2,084,946	1,938,875	1,862,878	1,769,019	1,593,583	1,420,509	1,511,867	1,317,842	1,147,372	1,043,325	1,318,922	1,601,517	1,470,745	1,362,399	1,218,428	1,233,570	1,131,992	1,082,131	1,026,680	964,895	900,936	800,070	801,294	786	732,690	761,837	640,146	600,472	583,899	544,603	508,290	454,499	310,807	308,372	310,807	266,177	203,852	163,890	145,341	121,017	99,828	82,022	77,240	66,652	53,771	47,997	47,564	43,077	41,731	40,464	41,934	41,450	38,683	38,561	41,417	40,093	37,921	38,745	39,212	30,468	27,722	28,700	27,600	25,600	21,900	21,900	22,400	20,100	17,300	16,900	17,900	17,600	15,700	16,100	16,900	18,000	17,100	17,500	19,400	19,700	16,500	17,700	18,300	18,400	17,700	17,200	15,000	15,400	15,700	16,000	16,200	7,100	-	7,000	-	-	-	-	1,600	-	-	-
Long Term Debt	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	19,083	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	4	5	6	8	10	13	165	168	146	152	326	334	358	392	570	2,592	3,606	4,784	4,623	5,980	5,851	8,315	7,061	8,542	9,732	8,804	914	703	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-
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	0	0	0	0	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	8,162	76,431	52,636	62,248	41,152	61,443	72,373	64,119	65,652	99,419	28,255	91,033	63,751	44,291	20,571	2,077	13,922	12,905	14,370	7,006	1,900	0	1,610	0	3,497	2,366	7,003	48,639	477	2,394	9,519	0	7,419	15,348	34,355	52,364	41,240	42,940	28,419	51,682	8,131	9,792	9,725	11,953	13,631	21,393	19,882	20,873	21,864	23,194	26,689	30,202	30,462	44,189	46,002	59,484	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-	-	-	-	-	-	-	-	-	-	-
Net Debt	-2,514,617	-2,231,660	-1,719,363	-1,826,176	-1,633,534	-1,261,210	-1,259,490	-1,082,390	-970,534	-1,298,282	-1,692,843	-1,558,470	-1,155,888	-1,163,047	-1,057,195	-903,192	-671,513	-796,472	-715,775	-887,086	-617,484	-637,513	-713,714	-659,687	-511,360	-528,622	-465,559	-777,655	-576,337	-377,582	-341,526	-434,769	-2,528,109	-2,175,417	-1,240,717	-1,696,295	-362,787	-370,323	-408,323	-373,051	-312,020	-211,349	-287,019	-283,839	-242,533	-222,514	-283,054	-419,167	-391,438	-359,331	-286,163	-416,942	-293,882	-354,568	-509,385	-409,776	-375,734	-328,143	-317,276	-283	-277,974	-255,842	-255,763	-182,640	-50,737	-11,777	-58,404	-54,892	-43,433	-34,826	-43,433	-18,376	-29,740	-61,129	-40,551	-32,593	-30,051	-20,392	-16,712	-6,820	-2,271	-496	-351	34	611	3,299	2,122	4,789	5,853	5,941	8,145	7,046	8,585	9,836	8,943	2,305	1,804	-200	-800	-1,300	-300	-400	-700	1,500	3,300	3,500	4,300	4,700	4,600	4,700	4,300	4,900	5,400	5,400	4,300	3,400	3,600	3,000	2,400	1,700	1,400	1,700	3,100	3,200	3,900	4,100	2,800	-6,800	-	-7,000	-	-	-	-	-1,600	-	-	-
Net Invested Capital	8,577,789	8,228,744	7,873,149	7,841,464	7,395,360	7,025,041	6,815,760	6,809,178	6,866,672	6,566,951	6,244,997	5,905,498	5,459,437	5,160,860	4,629,321	4,221,540	3,870,946	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	1,370,239	1,193,964	1,231,188	1,333,004	1,190,351	1,016,203	1,051,642	1,175,587	1,039,780	896,658	849,157	909,169	802,509	666,012	740,813	760,433	670,570	540,330	647,983	688,197	596,661	484,562	620,162	592,568	525,463	449,476	535,336	537,082	571,977	573,051	592,348	590,708	541,704	477,955	533,485	498,335	344,055	280,755	333,165	398,792	345,786	296,180	343,205	348,197	317,655	236,710	289,253	306,393	256,424	218,741	139,545	162,299	149,004	101,635	131,778	131,480	117,705	108,905	97,289	126	120,104	135,955	72,972	83,404	81,758	81,497	90,046	111,928	68,917	54,624	68,917	60,939	46,303	28,752	34,418	31,704	20,168	12,650	14,320	13,507	9,473	5,373	10,156	7,185	6,668	5,949	5,429	7,700	6,204	4,412	6,962	7,691	6,326	6,584	7,361	7,193	4,244	3,800	4,400	4,800	3,200	1,800	2,500	2,900	2,200	1,500	2,100	2,000	1,000	900	1,100	2,500	1,900	1,700	2,100	2,600	1,100	1,000	1,300	1,500	800	1,400	600	600	900	1,200	600	-	-	-	-	-	-	-	-	-	-	-
Net Tangible Assets	0	0	0	5,414,462	4,974,585	4,610,490	4,403,287	4,405,293	4,460,872	4,162,922	4,092,892	3,515,532	3,322,432	3,034,607	2,506,422	2,107,279	1,764,589	2,075,002	2,020,963	1,978,508	1,324,338	1,233,380	1,519,376	1,234,116	1,507,303	1,529,484	1,403,030	1,411,500	1,165,697	965,431	1,033,944	826,617	3,283,553	3,101,709	2,938,579	3,138,877	1,416,054	1,464,402	1,337,340	1,189,280	1,037,201	926,505	896,778	796,296	643,372	589,749	836,824	1,137,054	1,018,196	930,762	885,080	903,667	808,253	785,082	719,744	638,712	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	4,806,686	4,427,307	4,132,713	4,491,533	4,107,098	3,762,919	3,574,974	3,603,012	3,699,305	3,717,034	3,451,433	3,063,148	2,645,011	2,390,967	2,052,084	1,696,585	1,347,181	1,655,212	1,646,544	1,621,268	1,276,328	1,203,025	1,496,309	1,214,467	1,504,526	1,526,026	1,336,613	1,318,908	1,146,992	961,681	1,077,382	795,469	3,252,217	3,068,413	3,246,041	3,430,452	1,292,608	1,337,713	1,246,868	1,082,512	974,847	867,029	840,185	747,648	606,933	546,523	811,899	1,114,425	996,346	916,587	872,803	892,285	800,572	769,319	702,756	610,295	563,394	501,775	480,790	478	424,064	373,990	388,890	328,895	276,264	187,268	363,381	294,925	186,112	212,314	186,112	176,875	131,245	107,329	87,666	66,801	50,960	41,639	31,569	25,039	19,503	17,196	15,638	14,209	14,609	14,950	15,178	13,696	13,580	12,978	14,043	11,490	12,902	13,644	12,708	10,169	8,983	9,000	7,300	6,700	5,400	5,000	4,000	3,700	2,900	2,500	2,000	1,400	900	-2,700	-2,700	1,100	500	400	600	800	1,000	1,400	2,100	3,000	3,000	3,000	900	100	600	300	300	-	-	-	-	-	-	-	-	-	-	-
Non Current Assets Total	4,062,552	4,097,526	4,002,823	3,609,225	3,549,753	3,528,208	3,508,114	3,478,392	3,443,793	3,122,674	3,065,735	3,120,868	3,100,494	3,061,761	2,871,836	2,822,363	2,832,775	2,834,043	2,776,606	2,757,564	2,748,551	2,722,721	2,718,688	2,713,391	2,701,584	2,704,635	2,774,609	2,804,052	2,732,931	2,721,201	2,686,407	2,745,231	2,090,612	2,092,587	1,853,091	1,869,202	243,051	245,446	245,399	281,666	238,370	237,466	233,410	224,020	210,673	208,257	189,985	187,260	186,282	179,722	179,696	179,435	176,173	183,978	184,147	195,682	201,900	214,566	212,773	207	199,656	200,513	162,901	166,315	214,495	274,454	47,090	45,426	26,967	0	0	25,671	24,516	23,604	22,867	22,404	21,873	21,642	21,965	21,855	21,460	21,319	20,764	20,093	19,739	19,560	19,714	19,765	19,967	20,021	20,321	20,362	19,323	19,417	19,179	12,435	11,899	11,700	11,900	11,000	10,900	10,800	10,900	10,900	11,000	10,800	11,400	11,500	11,500	11,500	11,700	11,800	11,900	12,100	12,300	12,300	12,300	12,400	12,600	12,400	12,100	12,100	11,900	12,700	12,800	12,900	12,900	300	-	-	-	-	-	-	-	-	-	-
Non Current Liabilities Other	92,690	91,838	53,251	44,255	41,727	42,286	41,034	40,056	38,185	29,508	26,550	26,462	28,338	27,432	26,318	24,482	30,617	30,505	23,071	22,871	22,818	2,621	2,723	2,439	2,203	1,095	819	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	291,449	296,089	262,387	259,294	261,491	266,086	267,328	272,226	276,426	272,757	272,171	278,518	286,068	291,868	294,599	297,408	309,010	317,974	315,172	321,246	326,059	314,845	321,730	322,698	330,503	335,449	343,068	346,943	349,697	353,173	365,389	348,289	350,983	351,590	444,575	444,834	67,305	68,009	105,827	108,547	110,491	112,216	113,204	115,647	116,235	110,383	112,209	113,756	115,300	117,151	119,953	121,376	123,192	124,899	124,929	127,513	129,324	131,388	132,604	134	138,373	138,187	37,656	38,174	39,080	39,555	40,188	39,352	12,181	0	0	4,684	5,859	5,424	5,278	5,139	4,923	4,710	3,841	3,812	3,631	3,466	2,925	3,103	5,126	6,139	6,599	6,437	7,794	7,665	9,589	8,335	9,816	11,006	10,029	2,139	1,928	2,100	1,500	1,300	1,400	1,900	2,000	2,900	3,200	3,300	3,500	3,600	3,600	7,000	7,500	4,100	4,000	4,100	4,000	4,000	4,000	4,000	3,900	4,800	4,600	4,600	4,500	4,500	5,000	4,800	4,300	100	-	100	-	-	-	-	-	-	-	-
Non Currrent Assets Other	50,373	51,055	164,867	151,252	145,101	134,478	115,913	110,390	101,488	80,252	88,883	89,394	88,203	70,475	70,621	46,376	53,756	53,973	46,212	47,792	45,722	14,562	15,080	16,436	12,836	13,932	18,322	20,602	19,555	21,630	25,691	15,556	14,346	10,874	-147,338	-188,628	7,109	7,496	7,863	8,972	9,538	10,146	10,170	7,407	3,591	3,576	3,673	3,566	3,594	4,405	3,926	4,080	2,962	3,447	1,794	3,343	4,395	1,226	1,885	2	1,864	2,444	584	774	725	730	1,227	1,280	784	1,447	784	832	865	758	736	769	737	326	323	285	265	222	287	313	369	336	458	497	678	726	762	743	680	666	926	708	612	400	600	500	400	200	200	200	200	200	600	500	500	400	500	500	400	500	600	600	600	500	700	700	200	200	200	200	200	300	100	-	-	-	-	-	-	-	-	-	-	-
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	-	-	-	-	-	-	-	-	-	-	-
Other Assets	0	0	0	328,291	0	273,505	311,424	274,933	291,207	305,473	330,180	330,691	329,853	356,416	130,801	105,693	106,058	105,508	101,495	105,748	105,356	102,149	100,333	101,689	98,584	2,474,359	2,549,188	2,592,497	2,543,300	2,547,858	2,541,782	2,642,669	1,991,355	1,995,233	1,758,364	1,776,664	154,755	155,290	156,912	190,448	146,637	149,323	144,915	140,491	136,077	139,120	132,411	131,316	130,593	134,571	135,626	138,504	137,136	149,427	150,974	163,644	169,633	181,252	184,698	182,948	181,979	186,124	151,834	157,077	205,662	265,887	38,686	38,648	34,732	27,650	20,992	19,910	19,957	19,861	19,148	19,093	19,074	18,678	18,586	18,552	18,547	18,516	18,048	17,657	17,721	17,696	17,812	17,849	18,034	18,076	18,328	18,427	17,455	17,554	17,912	11,316	11,302	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	-	-	-	-	-	-	-	-	-	-	-
Other Current Assets	164,920	170,346	162,676	148,750	110,958	109,823	132,243	165,254	150,320	82,668	95,607	83,086	72,803	55,358	75,958	78,425	71,865	54,868	58,390	58,477	63,685	44,909	57,599	57,320	61,639	40,877	46,095	44,399	46,703	32,562	35,016	28,081	36,458	26,967	25,742	22,628	25,174	19,673	25,472	25,594	28,482	21,376	29,799	25,353	35,628	24,983	55,042	38,581	37,886	37,710	35,294	35,643	38,600	43,786	27,985	26,927	24,962	21,620	19,446	22,890	18,731	23,097	37,371	22,516	18,754	78,072	21,684	11,552	7,607	6,724	7,607	14,269	5,924	-1	9,267	5,679	3,761	4,348	3,973	4,203	2,742	2,562	2,059	1,915	2,086	2,773	1,986	2,425	1,886	1,923	1,710	1,687	1,885	1,705	1,769	1,719	1,450	1,300	700	400	300	300	500	200	100	300	500	700	300	400	300	300	400	500	700	400	400	500	700	600	600	200	400	100	0	-100	400	-	-	-	-	-	-	-	-	-	-	-
Other Current Liab	635,904	537,859	582,432	512,668	640,687	498,098	544,666	536,414	546,062	507,533	486,313	468,253	402,476	407,759	446,703	368,002	346,129	342,815	365,638	369,034	309,846	308,340	333,216	303,207	263,634	271,205	324,567	274,558	249,106	235,647	266,076	281,219	321,213	337,155	235,087	270,779	370,914	178,149	210,903	234,748	240,751	182,806	260,719	187,598	181,210	148,520	152,229	130,558	142,331	141,061	44,980	47,282	53,188	32,746	38,813	61,827	42,794	-96,728	-92,204	-134,089	-86,336	-16,599	-10,698	-4,497	31,932	25,349	-24,240	20,613	27,458	24,191	22,257	5,283	11,100	5,828	5,053	4,607	5,017	346	2,932	3,592	2,000	647	709	1,064	1,103	310	895	976	1,088	1,305	227	514	936	1,767	1,483	1,147	1,052	1,200	900	1,800	700	2,100	2,600	1,900	1,100	800	500	200	200	300	400	400	300	100	500	700	600	400	500	500	500	1,000	1,000	1,200	700	900	1,500	-	-	-	-	-	-	-	-	-	-	-
Other Liab	0	0	0	259,294	0	236,459	267,328	242,569	249,677	272,757	272,171	278,518	286,068	291,868	277,064	279,274	283,726	292,323	296,538	302,480	306,976	314,845	321,730	322,698	330,503	335,449	343,068	346,943	349,697	353,173	365,389	348,289	350,983	351,590	355,128	355,379	67,305	68,009	105,827	108,547	110,491	112,216	113,204	115,647	116,235	110,383	112,209	113,756	115,300	117,151	119,953	121,376	123,192	124,899	124,929	127,513	129,324	131,388	132,604	134,134	138,373	138,187	37,656	38,174	39,080	39,555	40,188	39,352	33,363	20,441	12,176	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	2,348,320	2,408,732	2,492,833	2,871,535	2,831,492	-1,820,268	-1,662,490	-1,418,182	-1,168,138	-1,176,633	-1,202,942	-1,231,908	-1,266,153	-1,277,441	-1,301,680	-1,340,896	-1,370,873	-821,994	-619,646	-385,441	-446,359	-274,035	244,352	219,398	748,487	980,499	1,053,657	1,281,565	1,263,493	1,242,294	1,477,296	1,462,892	3,447,513	3,435,390	3,418,253	3,791,313	-846,195	-804,942	-813,437	-828,359	-839,749	-854,843	-810,723	-821,056	-871,265	-867,360	-552,924	-165,794	-179,326	-188,933	-170,554	-73,871	-85,519	-54,802	-70,926	-84,638	-65,314	-81,262	-52,041	-4,944	-10,069	-15,023	31,724	27,291	72,014	68,088	65,497	41,548	21,460	0	0	44,865	24,781	21,205	19,252	18,092	17,220	17,345	15,662	14,785	13,948	14,294	13,437	13,254	13,254	13,037	12,615	12,615	12,615	12,607	11,959	10,881	10,881	11,931	11,937	11,822	11,902	12,200	12,100	12,200	12,200	11,900	11,700	11,500	11,600	11,500	11,500	11,400	11,400	11,400	11,400	11,200	10,900	10,900	10,800	10,900	10,900	10,900	10,900	10,100	10,100	10,200	7,900	0	8,600	8,600	9,100	7,200	-	7,100	-	-	-	-	2,500	-	-	-
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	-	-	-	-	-	-	-	-	-	-	-
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	-	-	-	-	-	-	-	-	-	-	-
Property Plant And Equipment Gross	1,200,618	1,152,031	1,001,054	836,397	792,622	750,055	728,868	0	0	0	0	309,178	312,155	314,656	304,687	301,946	295,570	298,640	251,760	240,165	241,232	243,051	242,854	240,658	231,199	230,276	225,421	211,555	189,631	173,343	144,625	102,562	99,257	97,354	94,727	92,538	88,296	90,156	88,487	91,218	91,733	88,143	88,495	83,529	74,596	69,137	57,574	55,944	55,689	45,151	44,070	40,931	39,037	34,551	33,173	32,038	32,267	33,314	28,075	23,835	17,677	14,389	11,067	9,238	8,833	8,567	8,404	6,778	5,975	5,565	5,975	5,761	4,559	3,743	3,719	3,311	2,799	2,964	3,379	3,302	2,913	2,803	2,716	2,436	2,017	1,863	1,902	1,915	1,932	1,945	1,993	1,935	1,868	1,863	1,267	1,119	597	500	600	600	600	600	600	600	600	400	500	600	600	600	700	700	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-
Property Plant And Equipment Net	979,711	949,641	731,208	576,645	545,922	516,897	485,550	464,541	407,391	313,753	309,574	309,178	312,155	314,656	304,687	301,946	295,570	298,640	251,760	240,165	241,232	243,051	242,854	240,658	231,199	230,276	225,421	211,555	189,631	173,343	144,625	102,562	99,257	97,354	94,727	92,538	88,296	90,156	88,487	91,218	91,733	88,143	88,495	83,529	74,596	69,137	57,574	55,944	55,689	45,151	44,070	40,931	39,037	34,551	33,173	32,038	32,267	33,314	28,075	24	17,677	14,389	11,067	9,238	8,833	8,567	8,404	6,778	5,975	0	0	5,761	4,559	3,743	3,719	3,311	2,799	2,964	3,379	3,302	2,913	2,803	2,716	2,436	2,017	1,863	1,902	1,915	1,932	1,945	1,993	1,935	1,868	1,863	1,267	1,119	597	500	600	600	600	600	600	600	600	400	500	600	600	600	700	700	800	800	800	700	600	700	600	300	300	200	200	200	200	100	100	-	-	-	-	-	-	-	-	-	-	-
Property Plant Equipment	0	0	0	576,645	545,922	516,897	485,550	464,541	407,391	313,753	309,574	309,178	312,155	314,656	304,687	301,946	295,570	298,640	251,760	240,165	241,232	243,051	242,854	240,658	231,199	230,276	225,421	211,555	189,631	173,343	144,625	102,562	99,257	97,354	94,727	92,538	88,296	90,156	88,487	91,218	91,733	88,143	88,495	83,529	74,596	69,137	57,574	55,944	55,689	45,151	44,070	40,931	39,037	34,551	33,173	32,038	32,267	33,314	28,075	23,835	17,677	14,389	11,067	9,238	8,833	8,567	8,404	6,778	5,511	5,565	5,975	5,761	4,559	3,743	3,719	3,311	2,799	2,964	3,379	3,302	2,913	2,803	2,716	2,436	2,017	1,863	1,902	1,915	1,932	1,945	1,993	1,935	1,868	1,863	1,267	1,119	597	0	0	0	0	0	0	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	6,381,785	5,939,736	5,572,757	5,120,063	4,706,192	9,001,173	8,699,499	8,377,112	8,103,752	7,809,549	7,488,235	7,151,030	6,747,268	6,432,074	5,960,338	5,612,684	5,301,315	5,022,480	4,767,526	4,468,603	4,176,130	3,914,645	3,675,538	3,407,806	3,137,691	2,928,226	2,726,904	2,508,161	2,285,528	2,107,548	1,934,601	1,742,960	1,558,740	1,394,863	1,256,121	1,081,547	2,334,924	2,330,510	2,205,179	2,083,579	1,942,575	1,847,325	1,771,219	1,679,033	1,572,160	1,508,664	1,440,681	1,354,539	1,244,743	1,168,644	1,104,108	1,021,716	937,468	882,425	833,293	766,797	702,959	670,396	617,039	561	503,245	461,680	485,128	432,691	382,459	353,647	308,548	262,751	182,041	204,242	182,041	155,584	127,384	106,293	87,796	67,607	52,361	43,517	36,190	30,391	25,313	23,130	21,904	19,810	17,832	17,199	17,122	15,852	14,581	14,170	13,843	12,584	11,476	11,151	10,941	9,576	7,924	7,200	6,400	5,100	3,600	2,800	2,000	900	-200	-900	-1,000	-1,500	-2,100	-2,100	-2,000	-2,100	-2,500	-2,500	-1,900	-1,800	-1,600	-1,100	-100	500	400	300	400	0	-200	-200	-200	-400	-	-200	-	-	-	-	-900	-	-	-
Retained Earnings Total Equity	0	0	0	5,120,063	4,706,192	9,001,173	8,699,499	8,377,112	8,103,752	7,809,549	7,488,235	7,151,030	6,747,268	6,432,074	5,960,338	5,612,684	5,301,315	5,022,480	4,767,526	4,468,603	4,176,130	3,914,645	3,675,538	3,407,806	3,137,691	2,928,226	2,726,904	2,508,161	2,285,528	2,107,548	1,934,601	1,742,960	1,558,740	1,394,863	1,256,121	1,081,547	2,334,924	2,330,510	2,205,179	2,083,579	1,942,575	1,847,325	1,771,219	1,679,033	1,572,160	1,508,664	1,440,681	1,354,539	1,244,743	1,168,644	1,104,108	1,021,716	937,468	882,425	833,293	766,797	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-
Short Long Term Debt	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	3,028	0	0	0	0	0	0	0	0	0	0	0	0	800	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	61,907	66,015	54,486	43,598	39,126	45,931	43,558	49,649	44,252	28,180	19,828	25,769	22,991	17,366	17,535	18,134	30,323	1,485	1,842	1,161	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	994	1,255	1,623	274	244	135	174	206	381	1	1,149	959	673	313	438	663	670	590	501	303	501	588	797	525	731	836	523	584	568	653	544	602	625	788	2,821	3,837	5,034	4,950	6,304	6,189	8,706	7,449	8,779	9,967	9,068	2,427	1,938	1,800	2,000	1,600	1,800	3,400	3,600	3,600	3,800	3,900	4,800	5,000	4,700	4,900	4,500	5,000	5,400	5,500	4,800	4,100	4,100	4,100	4,100	4,000	4,000	4,000	4,000	4,400	5,000	5,000	4,500	-	-	-	-	-	-	-	-	-	-	-
Short Term Debt	15,419	17,537	16,351	38,534	11,135	16,304	14,245	19,992	17,503	10,750	4,420	9,718	6,348	994	0	0	5,039	0	0	0	9,800	0	0	0	0	0	0	0	0	0	0	0	0	800	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	994	1,255	1,623	274	244	135	174	206	381	1	1,149	959	673	313	438	663	670	590	496	299	496	582	790	515	718	670	355	437	416	327	211	244	232	218	228	231	250	327	325	338	390	388	237	235	264	1,513	1,235	900	1,200	1,000	1,100	2,100	1,600	700	500	500	1,200	1,400	1,100	4,900	4,500	1,000	1,400	1,500	700	100	100	100	100	100	100	100	100	500	700	800	300	-	-	-	-	-	-	-	-	-	-	-
Short Term Investments	984,201	955,605	1,236,752	1,417,239	1,383,028	1,362,314	1,346,781	1,337,792	1,717,648	1,749,727	1,224,066	968,952	980,108	881,354	599,326	250,753	233,513	533,063	587,356	357,988	263,697	320,650	457,898	211,093	585,222	672,933	630,348	323,851	209,366	220,554	257,653	44,319	508,243	744,610	1,544,710	1,234,858	647,284	781,134	588,041	453,969	438,932	402,247	315,572	148,197	102,139	97,042	307,654	451,063	419,588	411,282	412,255	281,218	298,985	244,649	24,203	61,662	61,316	18,487	30,187	30	4,975	29,145	14,838	22,066	107,933	63,125	196,371	142,613	82,699	101,667	82,699	96,037	67,182	11,861	8,652	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-
Temporary Equity Redeemable Noncontrolling Interests	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	10,098,066	9,686,522	9,314,338	9,263,338	8,844,362	8,293,105	8,204,805	8,175,012	8,187,459	7,804,784	7,449,408	7,071,543	6,534,366	6,202,716	5,697,683	5,193,813	4,881,497	5,150,352	5,137,366	5,084,332	4,655,851	4,526,891	4,871,359	4,542,070	4,740,132	4,791,012	4,708,906	4,684,131	4,349,747	4,153,471	4,236,431	4,038,056	5,883,484	5,675,189	5,603,738	5,791,581	2,084,946	1,938,875	1,862,878	1,769,019	1,593,583	1,420,509	1,511,867	1,317,842	1,147,372	1,043,325	1,318,922	1,601,517	1,470,745	1,362,399	1,218,428	1,233,570	1,131,992	1,082,131	1,026,680	964,895	900,936	800,070	801,294	786	732,690	761,837	640,146	600,472	583,899	544,603	508,290	454,499	310,807	308,372	310,807	266,177	203,852	163,890	145,341	121,017	99,828	82,022	77,240	66,652	53,771	47,997	47,564	43,077	41,731	40,464	41,934	41,450	38,683	38,561	41,417	40,093	37,921	38,745	39,212	30,468	27,722	28,700	27,600	25,600	21,900	21,900	22,400	20,100	17,300	16,900	17,900	17,600	15,700	16,100	16,900	18,000	17,100	17,500	19,400	19,700	16,500	17,700	18,300	18,400	17,700	17,200	15,000	15,400	15,700	16,000	16,200	7,100	-	7,000	-	-	-	-	1,600	-	-	-
Total Current Assets	6,035,514	5,588,996	5,311,515	5,654,113	5,294,609	4,764,897	4,696,691	4,696,620	4,743,666	4,682,110	4,383,673	3,950,675	3,433,872	3,140,955	2,825,847	2,371,450	2,048,722	2,316,309	2,360,760	2,326,768	1,907,300	1,804,170	2,152,671	1,828,679	2,038,548	2,086,377	1,934,297	1,880,079	1,616,816	1,432,270	1,550,024	1,292,825	3,792,872	3,582,602	3,750,647	3,922,379	1,841,895	1,693,429	1,617,479	1,487,353	1,355,213	1,183,043	1,278,457	1,093,822	936,699	835,068	1,128,937	1,414,257	1,284,463	1,182,677	1,038,732	1,054,135	955,819	898,153	842,533	769,213	699,036	585,504	588,521	580	533,034	561,324	477,245	434,157	369,404	270,149	461,200	409,073	283,840	275,157	283,840	240,506	179,336	140,286	122,474	98,613	77,955	60,380	55,275	44,798	32,311	26,678	26,800	22,984	21,993	20,904	22,220	21,686	18,717	18,540	21,096	19,731	18,598	19,328	20,033	18,033	15,823	17,000	15,700	14,600	11,000	11,100	11,500	9,200	6,300	6,100	6,500	6,100	4,200	4,600	5,200	6,200	5,200	5,400	7,100	7,400	4,200	5,300	5,700	6,000	5,600	5,100	3,100	2,700	2,900	3,100	3,300	6,800	-	7,000	-	-	-	-	1,600	-	-	-
Total Current Liabilities	1,228,828	1,161,689	1,178,802	1,162,580	1,187,511	1,001,978	1,121,717	1,093,608	1,044,361	965,076	932,240	887,527	788,861	749,988	773,763	674,865	701,541	661,097	714,216	705,500	630,972	601,145	656,362	614,212	534,022	560,351	597,684	561,171	469,824	470,589	472,642	497,356	540,655	514,189	504,606	491,927	549,287	355,716	370,611	404,841	380,366	316,014	438,272	346,174	329,766	288,545	317,038	299,832	288,117	266,090	165,929	161,850	155,247	128,834	139,777	158,918	135,642	83,729	107,731	102	108,970	187,334	88,355	105,262	93,140	82,881	97,819	114,148	97,728	62,843	97,728	63,631	48,091	32,957	34,808	31,812	26,995	18,741	23,706	19,759	12,808	9,482	11,162	8,775	7,384	5,954	7,042	7,990	5,137	5,562	7,053	8,242	5,696	5,684	7,326	7,863	6,840	8,000	8,400	7,900	5,600	6,100	7,500	5,500	3,400	3,600	4,500	4,700	3,300	7,300	7,900	5,100	4,700	5,000	6,500	6,600	3,200	3,900	3,600	3,000	2,600	2,100	2,200	2,600	2,300	2,800	3,000	200	-	100	-	-	-	-	-	-	-	-
Total Liab	1,520,277	1,457,778	1,441,189	1,421,874	1,449,002	1,268,064	1,389,045	1,365,834	1,320,787	1,237,833	1,204,411	1,166,045	1,074,929	1,041,856	1,068,362	972,273	1,010,551	979,071	1,029,388	1,026,746	957,031	915,990	978,092	936,910	864,525	895,800	940,752	908,114	819,521	823,762	838,031	845,645	891,638	865,779	949,181	936,761	616,592	423,725	476,438	513,388	490,857	428,230	551,476	461,821	446,001	398,928	429,247	413,588	403,417	383,241	285,882	283,226	278,439	253,733	264,706	286,431	264,966	215,117	240,335	236	247,343	325,521	126,011	143,436	132,220	122,436	138,007	153,500	109,909	83,288	109,909	68,315	53,950	38,381	40,086	36,951	31,918	23,451	27,547	23,571	16,439	12,947	14,087	11,878	12,509	12,093	13,641	14,427	12,931	13,228	16,642	16,576	15,513	16,690	17,355	10,003	8,768	10,100	9,900	9,200	7,000	8,000	9,500	8,400	6,600	6,900	8,000	8,300	6,900	7,300	7,900	9,200	8,700	9,100	10,500	10,600	7,200	7,900	7,500	7,800	7,200	6,700	6,700	7,100	7,300	7,600	7,300	300	-	100	-	-	-	-	-	-	-	-
Total Permanent 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	-	-	-	-	-	-	-	-	-	-	-
Total Stockholder Equity	8,577,789	8,228,744	7,873,149	7,841,464	7,395,360	7,025,041	6,815,760	6,809,178	6,866,672	6,566,951	6,244,997	5,905,498	5,459,437	5,160,860	4,629,321	4,221,540	3,870,946	4,171,281	4,107,978	4,057,586	3,698,820	3,610,901	3,893,267	3,605,160	3,875,607	3,895,212	3,768,154	3,776,017	3,530,226	3,329,709	3,398,400	3,192,411	4,991,846	4,809,410	4,654,557	4,854,820	1,468,354	1,515,150	1,386,440	1,255,631	1,102,726	992,279	960,391	856,021	701,371	644,397	889,675	1,187,929	1,067,328	979,158	932,546	950,344	853,553	828,398	761,974	678,464	635,970	584,953	560,959	550	485,347	436,316	514,135	457,036	451,679	422,167	370,283	300,999	200,898	225,084	200,898	197,862	149,901	125,509	105,255	84,066	67,910	58,571	49,693	43,082	37,332	35,050	33,477	31,199	29,222	28,371	28,294	27,023	25,752	25,334	24,775	23,516	22,409	22,055	21,857	20,466	18,954	18,600	17,700	16,400	14,900	13,900	12,900	11,700	10,700	10,000	9,900	9,300	8,800	8,800	9,000	8,800	8,400	8,400	8,900	9,100	9,300	9,800	10,800	10,600	10,500	10,500	8,300	8,300	8,400	8,400	8,900	6,800	-	6,900	-	-	-	-	1,600	-	-	-
Treasury Stock	0	0	0	0	0	0	0	0	-5,841,440	-5,829,253	-5,829,241	-5,829,241	-5,828,842	-5,815,423	-5,815,423	-5,815,275	-5,799,453	-5,219,505	-4,989,926	-4,735,618	-4,734,997	-4,512,205	-3,975,278	-3,975,278	-3,422,078	-3,170,129	-3,058,124	-2,809,253	-2,809,015	-2,808,951	-2,558,908	-2,558,721	-558,483	-556,467	-548,142	-160,717	-1,482,469	-1,231,087	-1,231,038	-1,222,971	-1,222,932	-1,222,912	-1,168,714	-1,168,709	-1,168,674	-1,155,313	-815,729	-418,234	-418,234	-418,234	-390,885	-280,704	-280,704	-241,842	-241,842	-241,842	-218,302	-218,302	-183,086	-132,129	-132,129	-132,129	-78,628	-78,628	-28,662	-28,662	-28,642	-28,642	-28,514	-28,514	-28,514	-815	-815	-815	-815	-815	-815	-815	-815	-815	-815	-815	-815	-815	-815	-815	-815	-815	-815	-814	-815	-815	-815	-815	-731	-730	-590	0	0	0	0	0	0	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	-	-	-	-	-	-	-	-	-	-	-

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	1,307,141	1,326,462	1,180,413	797,957	637,513	528,622	377,582	2,175,417	370,323	211,349	222,514	359,331	354,842	328,349	256,801	12,440	35,129	61,654	3,676	1,099	538	248	131	2,009	3,800	400	200	100	1,100	2,300	900	7,000	7,100	0	1,600
Capital Expenditures	241,549	212,153	57,453	67,272	110,398	74,925	93,128	105,337	42,493	31,363	51,937	49,236	30,684	22,397	28,769	11,072	7,028	4,901	1,520	1,260	1,627	417	530	1,192	300	400	200	100	400	600	200	0	0	0	0
Cash And Cash Equivalents Changes	0	19,394	146,049	382,456	160,444	108,891	151,040	-1,797,835	1,805,094	158,974	-11,165	-136,817	4,489	26,493	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	-55,275	-58,811	-14,940	-29,151	92,034	-73,728	657,980	543,191	485,072	359,055	303,398	290,207	-16,534	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change In Cash	990,534	-19,321	146,049	382,456	160,444	108,891	151,040	-1,797,835	1,805,094	158,974	-11,165	-136,817	4,489	26,493	71,548	244,361	-22,689	-26,525	57,978	19,877	561	290	117	-1,878	-1,800	3,500	200	100	-1,000	-1,200	1,300	-6,100	-100	7,200	0
Change In Working Capital	-59,872	-486,809	-361,895	-28,170	-123,254	56,080	-890	-78,727	376,112	70,316	-8,648	-78,432	14,807	-499	-70,591	122,426	17,313	-3,575	-8,526	-1,599	-764	-1,379	551	-5,687	-3,700	-300	-600	-200	-1,400	-300	-300	-500	-100	200	0
Change Receivables	0	-128,981	-254,228	-119,672	-59,941	-38,412	141,538	-106,363	-76,731	-9,710	-50,408	-17,769	-57,008	6,317	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	-163,158	-128,981	-254,228	-119,672	-59,941	-38,412	16,538	-106,363	-76,731	-9,710	-50,408	-17,769	-56,752	2,031	-59,418	30,609	0	0	0	0	576	0	2,385	0	0	0	0	0	0	0	0	0	0	0	0
Change To Inventory	7,898	-347,712	-277,793	30,304	-85,222	-26,146	-88,867	20,875	-7,068	42,763	-21,552	-47,568	-4,465	-44,973	8,545	-19,671	-21,127	-45,613	-8,994	-4,762	-6,000	313	-1,049	-1,013	-4,700	-1,300	-800	0	-400	-1,500	-100	-500	0	0	0
Change To Liabilities	0	52,496	91,639	76,138	51,060	28,604	20,167	61,466	463,703	36,218	43,805	24,638	73,019	50,923	0	109,827	20,592	22,787	14,484	9,367	2,868	499	244	0	0	0	0	0	0	0	0	0	0	0	0
Change To Netincome	0	114,306	90,006	-78,234	64,367	55,818	119,056	26,552	-745,969	5,573	-11,580	4,415	14,990	9,506	3,892	0	31,757	21,087	0	0	0	0	0	603	0	0	0	0	0	0	0	0	0	0	0
Change To Operating Activities	0	-18,677	82,185	48,044	349	30,094	136,654	-8,750	56,311	25,493	0	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	68,898	61,241	50,155	60,973	64,814	56,979	48,887	40,845	30,860	25,651	22,762	20,562	17,084	11,776	5,907	3,472	2,184	1,594	1,079	843	646	548	944	686	600	500	600	600	700	700	600	300	0	0	0
Dividends Paid	0	75	2,928	526,068	628,506	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
End Period Cash Flow	2,297,675	1,307,141	1,326,462	1,180,413	797,957	637,513	528,622	377,582	2,175,417	370,323	211,349	222,514	359,331	354,842	328,349	256,801	12,440	35,129	61,654	20,976	1,099	538	248	131	2,000	3,900	400	200	100	1,100	2,200	900	7,000	7,200	0
Exchange Rate Changes	0	0	-52,491	16,848	1,912	-9,835	5,985	-4,606	-5,306	-5,488	4,496	2,733	-2,119	721	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Free Cash Flow	1,476,204	675,546	1,098,288	1,296,891	1,003,364	1,086,956	894,603	596,018	165,493	554,204	290,096	238,440	303,143	206,647	127,423	188,424	128,423	71,513	53,129	18,790	3,857	2,310	4,673	-2,315	1,000	4,000	1,100	700	-2,400	-1,500	600	-200	-100	0	0
Investments	-193,395	405,288	-924,544	-379,785	-216,300	355,400	-438,630	536,815	64,365	-411,233	-292,533	320,420	-143,272	-188,788	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	130,267	64,015	45,723	72,936	92,363	27,851	0	0	0	0	0	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	75	2,928	-3,086	-13,569	-1,886	-2,583	-2,359	-1,083	-1,619	-1,887	-2,076	-1,942	-420	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	1,630,988	1,191,624	1,377,475	1,409,594	1,107,835	993,004	820,678	712,685	546,733	483,185	338,661	340,020	286,219	212,029	208,716	108,032	149,406	97,949	62,776	20,387	5,930	3,029	3,019	3,915	4,500	3,600	1,300	400	-1,300	-1,400	600	0	0	-200	0
Other Cashflows From Financing Activities	130,267	150	5,856	-526,068	-628,506	27,851	52,626	16,405	314,737	11,924	30,348	19,656	3,824	12,374	3,131	4,334	28,544	16,108	-1,055	-422	-3,234	-2,352	-4,432	7,653	-1,600	-500	-1,000	-600	1,400	-1,000	-800	-100	0	900	0
Other Cashflows From Investing Activities	0	-377,929	-11,353	-43,980	-8,763	-20,503	-9,476	-693,189	371,306	-1,218	-6,513	-5,636	-4,203	-11,177	0	0	0	0	0	0	0	325	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Non Cash Items	6,863	9,352	3,094	8,350	-252	-783	-1,161	-204	-161,277	-367	-2,084	-771	804	2,611	4,414	-3,739	-19,328	-8,865	-1	592	32	5	216	53	-100	-100	-100	0	0	100	-100	0	0	0	0
Sale Purchase Of Stock	-658,952	-771,028	-13,830	-595,918	-707,300	-1,342,076	-361,178	-2,252,437	-807,967	-8,175	-67,599	-727,670	-176,392	-23,540	-86,173	-103,467	-148	-27,699	0	0	0	0	0	-815	0	0	0	0	0	0	0	0	0	0	0
Stock Based Compensation	68,836	64,109	70,483	70,289	63,356	57,111	52,282	45,848	32,719	28,552	28,764	28,413	19,424	16,862	14,040	13,899	120	174	267	0	0	0	0	0	100	100	0	0	0	0	0	0	0	0	0
Total Cash From Financing Activities	-542,599	-706,938	34,821	-526,068	-628,506	-1,316,111	-311,135	-2,238,391	1,202,348	19,298	-17,886	-699,075	-154,192	9,238	-82,079	-98,046	36,587	-7,708	113	1,298	-2,486	-2,344	-4,403	7,096	-1,600	-400	-1,000	-600	1,400	700	800	-100	0	7,200	0
Total Cash From Operating Activities	1,717,753	887,699	1,155,741	1,364,163	1,113,762	1,161,881	987,731	701,355	207,986	585,567	342,033	287,676	333,827	229,044	156,192	199,496	135,451	76,414	54,649	20,051	5,484	2,727	5,203	-1,123	1,300	4,400	1,300	800	-2,000	-900	800	-200	-100	0	0
Total Cashflows From Investing Activities	0	-161,367	-992,022	-472,487	-326,724	272,956	-531,541	-256,193	400,066	-440,403	-339,808	271,849	-173,027	-212,510	0	143,982	0	0	3,216	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

	2024-03-31	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
Begin Period Cash Flow	2,297,675	1,773,849	1,869,774	1,672,660	1,307,141	1,303,048	1,132,039	1,014,786	1,326,462	1,712,671	1,584,239	1,178,879	1,180,413	1,074,730	921,326	701,836	797,957	717,617	888,247	618,344	637,513	713,714	659,687	511,360	528,622	465,559	777,655	576,337	377,582	341,526	434,769	2,528,109	2,175,417	1,240,717	1,696,295	362,787	370,323	408,323	373,051	312,020	211,349	287,019	283,839	242,533	222,514	283,054	419,167	391,438	359,331	287,157	418,197	295,505	354,842	509,629	409,911	375,908	328,349	317,657	283,283	279,123	256,801	256,436	182,953	51,175	12,440	59,074	55,482	71,855	18,964	43,934	18,964	30,538	61,654	41,282	33,428	30,574	20,976	17,279	7,473	2,815	1,099	976	754	2,209	538	2,912	161	451	248	560	404	194	131	125	122	134	2,009	2,800	2,900	2,000	3,800	2,300	1,600	500	400	300	200	100	200	100	400	0	400	0	300	500	1,100	0	0	2,700	2,300	0	100	1,000	900	0	0
Capital Expenditures	75,641	102,353	27,799	44,299	44,052	72,417	30,396	79,410	29,930	24,111	7,894	9,809	15,639	6,660	45,775	24,271	17,930	60,528	28,793	12,592	8,485	18,788	21,476	21,612	13,049	20,253	32,398	20,536	19,941	33,555	49,088	12,147	10,547	11,514	11,586	13,154	6,239	10,298	5,163	6,031	9,871	10,324	14,015	15,504	12,094	18,933	7,920	7,092	15,291	6,568	8,420	7,177	8,519	5,676	6,073	5,780	4,868	8,855	7,837	8,063	4,014	5,251	3,210	1,402	1,209	1,271	1,777	2,533	1,622	1,310	1,622	1,421	548	262	444	450	364	304	253	395	308	327	428	561	312	100	109	83	124	45	284	188	103	206	250	598	138	200	0	0	100	0	100	0	300	0	0	0	0	0	0	0	0	200	100	0	0	100	100	500	100	100	0	0	100	0	0
Cash And Cash Equivalents Changes	0	0	0	201,473	365,660	-52,774	216,196	167,648	-311,676	-386,209	128,432	405,360	-1,534	105,683	153,404	219,490	-96,121	80,340	-170,630	269,903	-19,169	-76,201	54,027	148,327	-17,262	63,063	-312,096	201,318	198,755	36,056	-93,243	-2,093,340	352,692	934,700	-455,578	1,333,508	-7,536	-38,000	35,272	61,031	100,671	-75,670	3,180	41,306	20,019	-60,540	-136,113	27,729	32,107	72,174	-131,040	122,692	-59,337	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	-52,030	2,373	-13,058	20,545	-22,822	-39,940	7,500	-29,609	-5,889	-30,813	9,282	2,310	-12,256	-14,276	427	-2,910	20,048	-46,716	12,037	-8,995	56,228	32,764	-708,042	181,136	260,965	192,213	263,946	67,146	186,387	140,501	225,339	171,904	160,927	-14,979	139,734	110,673	142,041	92,624	113,985	87,075	77,749	80,246	48,089	69,993	108,785	76,531	61,776	221,868	796	5,767	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	278,849	523,826	-95,925	197,114	365,519	4,093	171,009	117,253	-311,676	-386,209	128,432	405,360	-1,534	105,683	153,404	219,490	-96,121	80,340	-170,630	269,903	-19,169	-76,201	54,027	148,327	-17,262	63,063	-312,096	201,318	198,755	36,056	-93,243	-2,093,340	352,692	934,700	-455,578	1,333,508	-7,536	-38,000	35,272	61,031	100,671	-75,670	3,180	41,306	20,019	-60,540	-136,113	27,729	32,107	72,174	-131,040	122,692	-59,337	-154,787	99,718	34,003	47,559	10,692	34,374	4,160	22,322	365	73,483	131,778	38,735	-46,634	3,592	-16,373	24,970	-8,805	24,970	-11,574	-31,117	20,372	7,854	2,854	9,598	3,697	9,806	4,658	1,716	123	222	-1,455	1,671	-2,374	2,752	-291	204	-313	157	210	63	6	4	-12	-1,875	-800	-100	900	-1,800	-400	2,300	1,600	100	-100	300	200	-100	400	100	400	-400	-700	-100	300	-600	-700	-500	-400	400	1,400	-300	100	100	-800	-5,100
Change In Working Capital	-75,871	-13,257	75,723	-112,398	-7,603	-56,201	94,420	-198,068	-326,960	-141,240	-25,574	-23,309	-171,772	66,163	124,325	-94,369	-124,289	3,824	37,246	4,316	-168,640	72,812	24,279	53,371	-94,382	-95,874	12,559	93,360	-10,935	102,095	-39,494	-67,869	-73,459	201,035	270,916	-181,571	85,732	42,954	29,416	-32,300	30,246	-17,800	71,867	-36,241	-26,474	10,040	10,319	-46,276	-52,515	21,581	22,992	8,474	-38,240	7,604	-26,940	-16,013	34,850	-22,914	30,583	-26,755	-51,505	125,788	7,031	-5,772	-4,621	2,615	9,039	-22,651	33,644	26,202	9,237	-28,285	-919	6,326	-3,353	-11,338	-161	-4,572	2,944	483	-455	-512	-1,222	-1,045	2,015	-1,931	1,346	-409	-385	873	-2,399	1,274	803	-691	-1,287	-1,475	-2,234	-1,400	-600	-600	-1,100	-1,600	900	800	-400	100	-200	-500	3,600	-300	300	-100	-100	-900	-700	400	-200	-200	300	-100	-300	2,100	-700	400	200	-1,100	500
Change Receivables	0	0	0	-150,296	-167,512	73,466	86,789	-154,803	-134,433	-54,747	40,059	-92,088	-147,452	81,664	30,258	-84,110	-147,484	114,084	25,841	-86,363	-113,503	135,468	-25,337	-79,123	-69,420	85,798	7,370	41,880	6,490	14,904	-16,248	-44,813	-60,206	55,490	-37,177	-26,972	-68,072	34,002	54,757	-56,872	-41,597	57,642	2,253	-32,276	-78,027	52,764	17,317	-53,940	-33,910	-17,712	22,226	-14,314	-47,208	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-195,081	55,646	99,004	-150,296	-167,512	73,466	86,789	-154,803	-134,433	-54,747	40,059	-92,088	-147,452	81,664	30,258	-84,110	-147,484	114,084	25,841	-86,363	-113,503	135,468	-25,337	-79,123	-69,420	85,798	7,370	-83,120	6,490	14,904	-16,248	-44,813	-60,206	55,490	-37,177	-26,972	-68,072	34,002	54,757	-56,872	-41,597	57,642	2,253	-32,276	-78,027	52,764	17,300	-53,966	-33,867	-17,555	22,065	-13,657	-47,605	29,960	-2,593	-15,000	-10,336	-13,198	10,425	-6,086	-50,559	0	8,524	0	-246	0	0	0	-20,941	0	0	0	0	0	0	0	0	0	0	0	0	576	0	0	0	0	0	0	0	2,385	0	0	258	0	0	0	0	0	0	0	0	0	0	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 Inventory	22,708	-61,898	-23,281	57,582	35,495	-50,572	1,936	-90,403	-208,673	-128,379	-96,873	-12,995	-39,546	-9,186	25,309	13,144	1,037	-40,275	-23,442	2,499	-24,004	-15,808	12,415	-11,479	-11,274	-42,167	-21,841	-17,066	-7,793	2,520	6,742	19,252	-7,639	2,008	19,843	-2,372	-26,547	29,463	-236	-3,874	17,410	25,135	-12,715	-19,892	-14,080	-8,922	5,643	-10,161	-34,128	7,368	-9,381	17,096	-19,548	-4,362	-7,854	-21,379	-11,378	15,661	-6,166	-6,860	5,910	-7,345	12,752	-13,434	-11,644	-4,115	-6,527	-25,917	-30,386	3,670	-30,386	-20,907	2,010	-2,544	-1,055	-4,350	-1,045	-2,703	-88	-2,333	363	-4,035	-479	-2,100	614	249	-493	-1,225	1,782	-93	-1,914	243	715	-130	-1,779	996	-100	-2,100	-1,300	-1,100	-200	-1,000	-200	-500	400	-500	0	0	300	0	-300	-400	200	700	-100	-1,500	500	-700	-500	100	-400	0	-400	100	200	0	0
Change To Liabilities	0	0	0	33,014	124,201	-63,880	-12,892	71,701	57,567	2,853	60,849	21,088	46,039	-15,597	66,448	-11,147	36,434	-70,412	37,757	68,132	15,583	-58,885	46,196	87,745	-46,452	-50,819	64,637	30,214	-23,865	-6,328	94,507	-44,475	17,762	57,190	290,920	-84,151	199,744	-34,843	-13,504	27,439	57,126	-138,016	87,620	45,401	48,800	-13,907	3,393	18,670	16,482	39,083	6,614	4,593	22,729	43,892	56,286	58,651	46,579	0	0	0	0	109,827	6,019	15,727	3,843	20,592	41,391	56,303	14,578	22,787	47,141	30,607	3,761	14,484	16,133	13,184	3,665	9,367	11,767	7,250	2,007	2,868	5,206	2,834	1,433	499	1,568	2,439	0	244	1,667	2,748	40	0	0	0	0	0	0	0	0	0	0	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	0	0	20,970	15,666	35,682	24,150	38,148	16,326	38,246	16,538	16,948	18,274	-138,066	22,977	16,815	20,040	16,944	14,716	17,026	15,681	14,092	13,765	14,709	13,252	78,443	13,204	12,673	14,736	-5,360	10,455	11,340	10,117	-188,964	-589,583	210,949	-178,371	3,635	-9,747	7,299	4,386	1,148	5,786	-22,408	3,894	-13,695	6,463	4,820	6,827	5,416	2,505	3,832	3,237	12,505	9,431	25,176	12,745	3,892	7,408	10,624	12,052	0	1,644	9,178	7,688	31,757	23,341	6,200	8,914	21,087	28,534	0	11,100	0	965	362	4,671	0	2,285	0	0	0	0	0	0	0	0	0	0	0	0	0	0	603	121	0	424	0	0	0	0	0	0	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	0	0	0	0	-56,009	34,560	-16,663	19,435	35,252	12,778	30,175	3,980	-15,000	62,657	-190	577	-25,211	458	35,975	-10,873	-16,613	41,776	40,762	-35,831	136,654	51,861	132,821	14,233	-8,750	-124,495	2,167	-23,376	56,311	0	0	0	25,493	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	20,475	18,534	17,980	15,576	16,808	15,201	15,608	15,833	14,599	9,439	13,227	13,712	13,777	15,094	13,822	15,511	16,546	16,971	15,399	17,574	14,870	14,510	14,284	14,194	13,991	13,783	12,329	11,592	11,183	10,971	10,545	10,305	9,024	9,103	8,508	6,779	6,470	6,527	6,129	6,542	6,453	6,318	6,107	5,277	5,060	5,298	5,171	5,125	4,968	4,893	4,496	4,102	3,593	3,290	3,012	2,820	2,654	1,922	1,694	1,190	1,101	871	1,035	822	744	654	583	503	446	438	446	382	328	331	289	261	198	234	214	188	208	193	164	153	136	149	137	132	132	242	246	235	221	230	179	148	128	200	200	100	100	100	200	100	100	200	100	200	100	100	200	100	200	100	200	200	200	200	200	100	0	100	200	100	200	0	0
Dividends Paid	0	0	5,894	610	7,271	794	5,643	0	0	0	0	0	0	0	0	0	733	0	0	0	393	0	0	0	543	0	0	0	700	0	0	0	522	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
End Period Cash Flow	2,576,524	2,297,675	1,773,849	1,869,774	1,672,660	1,307,141	1,303,048	1,132,039	1,014,786	1,326,462	1,712,671	1,584,239	1,178,879	1,180,413	1,074,730	921,326	701,836	797,957	717,617	888,247	618,344	637,513	713,714	659,687	511,360	528,622	465,559	777,655	576,337	377,582	341,526	434,769	2,528,109	2,175,417	1,240,717	1,696,295	362,787	370,323	408,323	373,051	312,020	211,349	287,019	283,839	242,533	222,514	283,054	419,167	391,438	359,331	287,157	418,197	295,505	354,842	509,629	409,911	375,908	328,349	317,657	283,283	279,123	256,801	256,436	182,953	51,175	12,440	59,074	55,482	43,934	35,129	43,934	18,964	30,538	61,654	41,282	33,428	30,574	20,976	17,279	7,473	2,815	1,099	976	754	2,209	538	2,912	161	451	248	560	404	194	131	125	122	134	2,000	2,800	2,900	2,000	-400	2,300	1,600	500	-100	300	200	100	200	100	400	0	-700	-100	300	500	-700	-500	-400	2,700	1,400	-300	100	1,000	-800	-5,100
Exchange Rate Changes	0	0	0	0	0	0	0	0	-3,472	-16,939	-18,662	5,333	-22,223	15,919	15,104	7,086	-21,261	9,375	-10,808	4,667	-1,322	-1,569	-4,358	-7,853	3,945	385	1,526	4,838	-764	-10,289	1,325	-2,963	7,321	-1,354	1,378	2,311	-7,641	-1,246	-4,998	233	523	2,853	439	563	641	276	3,411	-13,701	12,747	-1,157	-2,388	1,197	229	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	336,501	331,974	492,465	294,388	380,423	226,096	428,127	51,604	-30,281	203,648	333,502	401,304	159,834	408,267	463,003	225,055	173,202	232,165	337,491	318,797	114,911	321,733	298,584	330,777	135,862	177,421	224,437	319,722	173,023	247,098	124,059	125,849	99,012	148,652	175,769	-70,934	-87,994	168,220	142,909	116,544	126,531	55,875	162,099	38,323	33,799	50,694	100,060	66,207	21,479	94,256	100,617	93,176	15,094	52,553	38,019	52,940	63,135	24,155	84,358	26,632	-7,722	58,020	59,892	45,793	24,719	44,078	36,195	1,566	38,141	10,546	38,141	-404	23,230	24,489	16,578	2,832	9,230	3,850	9,164	4,066	1,710	241	608	524	2,484	-1,277	2,644	910	33	2,187	-1,179	2,417	1,247	-509	23	-273	-1,556	-900	800	1,200	-100	-200	2,200	1,800	200	400	500	200	200	-400	600	500	100	-1,500	-700	400	-500	-900	-200	-400	-200	-100	-200	700	200	-900	1,000
Investments	-35,322	166,628	-201,814	-57,073	3,750	-24,745	-15,407	382,557	62,883	-597,749	-192,293	-31,079	-114,819	-326,367	-347,061	-5,194	298,837	61,536	-243,449	-91,460	57,073	138,999	-248,532	378,138	86,795	-28,461	-295,839	-127,569	13,239	44,028	-222,853	471,344	244,296	819,155	-291,703	-598,637	135,550	-207,544	-110,161	-58,570	-34,958	-86,263	-159,161	-43,989	-3,120	211,788	144,507	-30,686	-5,189	4,684	-127,407	19,618	-40,167	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	38,392	64,707	5,894	23,318	36,348	29,256	12,137	18,112	4,510	8,563	12,674	17,725	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	0	610	-7,271	794	-5,643	1,470	3,454	4,742	-5,438	2,667	957	-586	-820	-947	-733	-728	-3,766	-8,682	-393	-404	-510	-429	-543	-705	-544	-634	-700	-628	-632	-577	-522	-276	-277	-334	-196	-303	-343	-353	-620	-565	-528	-498	-296	-454	-531	-481	-610	-764	-482	-447	-249	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	442,049	366,978	452,694	413,871	397,444	301,674	322,387	273,360	294,203	321,314	337,205	403,762	315,194	471,736	347,654	311,369	278,835	254,954	298,923	292,473	261,485	239,107	267,732	270,115	216,050	201,322	218,743	222,633	177,980	172,947	191,641	184,220	163,877	138,742	174,574	229,003	4,414	125,331	121,600	141,004	95,250	76,106	92,186	106,873	63,496	67,983	86,142	109,796	76,099	64,536	82,392	84,248	55,043	49,132	66,496	63,838	32,563	53,357	56,504	57,290	41,565	-23,448	52,437	50,232	28,811	45,100	45,797	38,311	26,457	22,201	26,457	28,200	21,091	18,440	20,245	15,246	8,845	7,327	5,799	5,078	2,183	1,226	2,094	1,977	633	77	1,270	1,271	411	328	1,259	1,108	325	210	1,365	1,652	688	800	1,400	1,400	900	700	1,200	1,000	700	200	500	600	0	-100	100	400	0	-500	-200	-100	-500	-1,000	-600	100	100	-100	400	200	100	0	200
Other Cashflows From Financing Activities	-2,896	0	-395,973	1,220	-6,049	1,588	-190,322	1,470	3,454	4,742	-5,438	2,667	957	7,396	21,698	29,867	13,975	7,118	4,111	45,971	35,163	3,370	10,865	7,115	6,501	25,850	7,683	5,472	13,621	5,790	2,448	4,089	4,078	10,823	3,583	115,652	184,679	383	8,238	701	2,602	98	1,367	28,707	176	15,361	1,373	2,430	492	461	2,219	954	190	2,182	3,548	-23,370	6,474	912	-50,829	886	1,205	1,808	-214	-49,124	728	1,666	17,824	13,057	-27,048	175	953	15,169	365	-274	-317	-222	-242	-183	-127	-54	-58	-22	-163	-2,033	-1,016	-1,198	85	-1,354	115	-2,421	1,256	-2,079	-1,188	352	6,642	488	172	-200	300	-100	-1,600	-100	100	-200	-100	-800	-200	200	-200	400	-500	-100	-500	700	700	-100	-100	100	-400	-500	-200	1,500	-100	-500	-100	-300	100
Other Cashflows From Investing Activities	0	0	0	-6,045	-16,416	-26,311	114	-6,730	-345,002	11,456	3,364	-2,380	-25,864	1,054	-31,201	-6,091	-7,742	-2,806	-5,379	1,231	-1,809	-8,112	-8,255	-6,264	2,128	-3,978	-5,625	575	-448	-1,210	3,223	-693,383	-1,819	-453	-1,288	372,886	-1,223	-1,225	-577	-301	885	1,302	-6,841	2,589	-3,563	-1,769	-2,075	-1,509	-283	-1,423	-709	-256	-1,815	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	38	0	0	0	0	0	0	19	0	325	224	201	29	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	247,865	43,661	49,590	668	1,775	4,425	1,774	3,159	1,475	4,078	-162	-381	-88	1,560	2,969	879	2,942	-245	-1,276	1,384	-115	-149	-326	-121	-187	-647	13,282	-168	-268	-33	-51	-166	46	405	-104	-161,532	-46	-27	-168	-73	-99	649	121	-280	-2,574	-134	-226	24	-435	4,260	-3,452	368	-372	10,492	-2,795	1,955	-7,041	2,660	-129	-755	2,396	-7,612	3,957	2,574	-1,061	1,497	-15,865	-7,169	-14,272	1,719	-14,272	1,752	-1,903,269	-98	90	227	46	365	231	0	-4	-340	0	0	11	528	0	0	0	700	0	-11	0	-52	15	0	0	0	-200	300	-100	600	100	-100	100	-100	100	-100	-3,500	-100	0	100	0	0	100	-100	0	200	0	0	100	0	-100	0	-200	200	300
Sale Purchase Of Stock	-120,245	-170,872	-397,255	-55,699	-35,126	-277,713	-196,816	-284,312	-12,187	-12	12,674	-399	-13,419	595,918	-148	-36,560	-559,210	-229,579	-254,308	-621	-222,792	-536,927	10,865	-553,199	-251,950	-112,005	-248,871	-238	-64	-249,996	-187	-2,000,238	-2,016	-48,993	-346,757	-160,835	-251,382	-49	-8,067	-39	-20	-54,198	-5	-35	-13,361	-340,894	-386,776	3,715	2,722	-27,349	-110,181	7,061	-38,862	20,824	10,907	5,021	-35,216	-35,216	0	0	-53,501	-53,501	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-84	0	-141	-590	0	0	0	0	0	0	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	22,472	16,371	17,862	18,552	16,051	14,942	16,558	16,277	16,332	18,092	16,700	17,329	18,362	17,247	20,008	15,936	17,098	16,466	15,991	15,575	15,324	14,675	14,091	14,906	13,439	13,017	13,282	12,841	13,142	12,113	12,145	11,528	10,062	9,030	8,852	8,483	6,354	6,043	7,420	8,103	6,986	7,172	7,200	7,433	6,959	6,832	7,950	7,060	6,571	6,702	4,828	4,115	3,779	4,027	4,322	3,532	4,981	4,279	3,301	3,725	2,735	10,106	92	-6	2,110	95	21	11	-6	0	0	0	1,905,229	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-84,749	-108,806	-395,973	-31,771	-6,049	-247,663	-190,322	-264,730	-4,223	13,293	7,236	19,993	-5,701	6,810	20,730	-7,640	-545,968	-223,189	-253,963	36,668	-188,022	-533,961	10,355	-546,513	-245,992	-86,860	-241,732	4,600	12,857	-244,834	1,629	-1,996,726	1,540	-32,836	-341,520	1,624,484	-47,780	2,149	7,162	2,297	7,690	-51,611	2,744	42,081	-11,100	-323,340	-384,003	5,664	2,604	-25,128	-101,958	7,568	-34,674	11,987	9,365	-22,950	10,836	-33,779	-50,846	707	1,839	-51,161	239	-48,660	1,536	2,644	21,097	13,057	-26,610	94	-26,610	17,689	1,119	-143	24	-20	252	-47	686	617	42	324	20	-2,033	-798	-1,198	85	-1,354	123	-2,421	1,256	-2,079	-1,159	267	6,668	348	-188	-200	300	-100	-1,600	-100	100	-200	-100	-800	-200	200	-200	400	-500	0	-500	700	700	0	0	0	0	0	700	1,500	-100	-500	-100	-300	100
Total Cash From Operating Activities	412,142	434,327	520,264	338,687	424,475	298,513	458,523	131,014	-351	227,759	341,396	411,113	175,473	414,927	508,778	249,326	191,132	292,693	366,284	331,389	123,396	340,521	320,060	352,389	148,911	197,674	256,835	340,258	192,964	280,653	173,147	137,996	109,559	160,166	187,355	-57,780	-81,755	178,518	148,072	122,575	136,402	66,199	176,114	53,827	45,893	69,627	107,980	73,299	36,770	100,824	109,037	100,353	23,613	58,229	44,092	58,720	68,003	33,010	92,195	34,695	-3,708	63,271	63,102	47,195	25,928	45,349	37,972	4,099	39,763	11,856	39,763	1,017	23,778	24,751	17,022	3,282	9,594	4,154	9,417	4,461	2,019	568	1,036	1,085	2,796	-1,177	2,753	993	158	2,142	-895	2,605	1,350	-303	273	325	-1,418	-700	800	1,200	0	-200	2,300	1,800	500	400	500	200	200	-400	600	500	100	-1,300	-600	400	-500	-800	-100	100	-100	0	-200	700	300	-900	1,000
Total Cashflows From Investing Activities	0	0	0	-105,443	-52,766	-103,624	-52,005	297,892	-303,630	-610,322	-201,538	-31,079	-149,083	-331,973	-391,208	-29,282	279,976	1,461	-272,143	-102,821	46,779	118,808	-272,030	350,304	75,874	-48,136	-328,725	-148,378	-6,302	10,526	-266,719	-231,647	234,272	808,724	-302,791	-235,507	129,640	-217,421	-114,964	-64,074	-43,944	-93,111	-176,117	-55,165	-15,415	192,897	136,499	-37,533	-20,014	-2,365	-135,731	13,574	-48,505	-212,510	13,448	-31,148	0	0	0	0	23,201	143,982	154,656	144,514	11,271	0	0	0	0	0	0	0	0	3,216	7,452	16,644	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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
Cost Of Revenue	3,345,821	3,136,483	2,432,839	1,874,758	1,682,234	1,511,808	1,231,355	1,107,393	1,090,263	1,125,057	1,073,497	995,046	808,921	623,702	530,983	494,986	436,452	289,180	166,343	96,875	66,577	58,803	51,455	42,332	38,500	27,100	24,900	21,400	21,800	15,900	13,400	5,100	0	0	0
Depreciation And Amortization	68,898	61,241	50,155	60,973	64,814	56,979	48,887	40,845	30,860	25,692	20,047	19,775	17,084	11,776	5,907	3,472	2,184	1,594	1,079	843	646	548	944	686	600	500	600	600	700	700	600	300	0	0	0
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	1,884,457	1,584,721	1,797,467	1,633,153	1,402,939	1,283,619	1,198,787	1,085,338	570,713	747,505	572,916	550,623	440,958	338,284	335,289	163,591	230,986	158,579	103,443	33,886	9,826	5,293	5,551	6,900	7,500	6,100	2,000	600	-1,600	-1,300	1,100	300	0	-200	0
Ebitda	1,953,355	1,645,962	1,847,622	1,694,126	1,467,753	1,340,598	1,247,674	1,126,183	601,573	773,197	592,963	570,398	458,042	350,060	341,196	167,063	233,170	160,173	104,522	34,730	10,472	5,841	6,495	7,586	8,100	6,600	2,600	1,200	-900	-600	1,700	600	0	-200	0
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	-1,800	-41,900	0	0	0	0	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	3,794,206	3,174,567	3,108,513	2,723,880	2,518,585	2,295,375	2,137,690	1,942,000	1,632,301	1,339,810	1,172,931	1,065,656	894,309	680,240	612,316	538,794	468,013	316,594	182,543	83,466	43,775	33,244	40,825	37,401	33,800	26,800	18,200	14,200	12,200	12,900	10,300	4,500	400	100	100
Income Before Tax	2,068,482	1,571,964	1,801,419	1,626,157	1,415,962	1,293,272	1,201,623	1,079,685	891,548	745,788	563,894	549,154	457,270	349,302	335,695	173,477	239,756	162,239	104,795	33,938	9,759	5,065	5,032	6,531	7,500	5,700	1,800	900	-800	-1,100	700	400	0	0	0
Income Tax Expense	437,494	380,340	423,944	216,563	308,127	300,268	380,945	367,000	344,815	262,603	225,233	209,134	171,051	137,273	126,979	65,445	90,350	64,290	42,019	13,551	3,829	2,036	2,013	2,616	3,000	2,100	700	200	-300	100	100	400	0	200	0
Interest Expense	115,127	12,757	54,107	53,977	77,837	9,653	2,836	5,653	320,835	1,758	6,307	682	772	758	3,228	19,772	8,770	3,660	77	52	73	228	519	382	0	400	100	300	400	100	400	0	0	200	0
Interest Income	0	0	0	0	13,023	9,653	2,836	5,653	2,105	0	0	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	1,630,988	1,191,624	1,377,475	1,409,594	1,107,835	993,004	820,678	712,685	546,733	483,185	338,661	340,020	286,219	212,029	208,716	108,032	149,406	97,949	62,776	20,387	5,930	3,029	3,019	3,915	4,500	3,600	1,300	400	-1,300	-1,400	600	0	0	-200	0
Net Income Applicable To Common Shares	0	1,191,624	1,377,475	1,409,594	1,107,835	993,004	820,678	712,685	546,733	483,185	338,661	340,020	286,219	212,029	208,716	108,032	149,406	97,949	62,776	20,387	5,930	3,029	3,019	3,915	0	0	0	0	0	0	0	0	0	0	0
Net Income From Continuing Ops	1,630,988	1,191,624	1,377,475	1,409,594	1,107,835	993,004	820,678	712,685	546,733	483,185	338,661	340,020	286,219	212,029	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Interest Income	0	0	0	-6,996	13,023	9,653	2,836	0	0	0	0	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	-12,757	3,952	-6,996	13,023	9,653	2,836	-5,653	-2,105	-1,717	-9,022	-1,469	847	1,488	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	1,953,355	1,584,721	1,797,467	1,633,153	1,402,939	1,283,619	1,198,787	1,085,338	1,050,913	747,505	572,916	550,623	456,423	347,814	337,309	163,591	230,986	158,579	103,443	33,886	9,826	5,293	5,551	6,900	7,500	6,000	1,900	900	-1,200	-1,200	1,100	300	0	-200	0
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	8,532,493	4,726,329	3,743,885	2,965,485	2,797,880	2,523,564	2,170,258	1,964,055	1,990,381	1,717,362	1,673,512	1,510,079	1,246,807	956,128	805,990	870,189	673,479	447,195	245,443	146,455	100,526	86,753	86,729	72,832	64,800	47,900	41,200	34,700	35,200	30,000	22,600	9,300	400	300	100
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	68,898	61,241	50,155	60,973	64,814	56,979	48,887	0	0	0	0	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	752,500	709,900	631,500	479,800	514,100	482,400	415,900	354,200	296,700	264,200	265,800	241,500	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	1,072,051	0	674,246	610,727	625,045	531,300	485,800	425,100	354,600	592,305	334,215	515,033	437,886	332,426	279,707	375,403	237,027	158,015	79,030	49,507	33,887	27,896	34,766	29,815	25,700	20,300	15,700	12,700	0	0	0	0	0	0	0
Tax Provision	437,494	380,340	423,944	216,563	308,127	300,268	380,945	367,000	344,815	0	0	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	1,840,851	1,589,846	1,311,046	1,090,727	1,115,646	1,011,756	938,903	856,662	900,118	592,305	600,015	515,033	437,886	332,426	275,007	375,203	237,027	158,015	79,100	49,580	33,949	27,951	35,274	30,500	26,300	20,800	16,300	13,300	13,400	14,100	9,200	4,200	400	300	100
Total Other Income Expense Net	115,127	-12,757	3,952	-6,996	13,023	9,653	2,836	-5,653	320,835	-1,717	-9,022	-1,469	-772	-758	-3,887	9,886	8,770	3,660	1	52	-67	-228	-519	-369	0	-100	-100	300	400	100	-400	100	0	0	0
Total Revenue	7,140,027	6,311,050	5,541,352	4,598,638	4,200,819	3,807,183	3,369,045	3,049,393	2,722,564	2,464,867	2,246,428	2,060,702	1,703,230	1,303,942	1,143,299	1,033,780	904,465	605,774	348,886	180,341	110,352	92,046	92,280	79,733	72,300	53,900	43,100	35,600	34,000	28,800	23,700	9,600	400	100	100

	2024-03-31	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	1990-09-30	1990-06-30	1990-03-31	1989-12-31	1989-09-30
Cost Of Revenue	871,969	791,735	872,265	880,739	801,081	728,615	790,561	875,399	741,907	657,464	621,399	625,096	528,881	505,598	509,831	434,427	424,901	406,438	460,575	442,762	372,459	372,028	408,501	395,615	335,664	306,745	339,767	323,571	261,272	255,652	284,979	309,674	257,088	242,072	291,143	299,214	257,834	273,783	294,052	307,911	249,311	263,688	282,952	294,672	232,184	227,629	268,348	285,632	213,436	195,713	224,402	217,924	170,882	154,255	183,540	172,351	113,556	135,638	142,897	138	114,027	115,947	135,550	136,031	107,459	120,897	118,829	116,510	86,463	70,922	86,463	75,047	56,748	46,067	50,078	40,513	29,685	25,347	28,832	25,305	17,391	15,826	20,004	16,961	13,787	13,282	17,307	16,431	11,782	12,361	14,537	14,038	10,421	10,067	11,627	11,910	8,728	9,700	11,000	10,200	7,700	6,000	8,600	7,000	5,600	6,100	7,900	6,700	4,200	4,200	6,400	6,300	4,500	4,700	7,800	6,000	3,100	3,100	4,800	4,600	3,300	3,800	3,700	3,600	2,400	2,600	2,500	-	-	-	-	-	-	-	-	-	-	-
Depreciation And Amortization	20,475	-50,364	17,980	15,576	16,808	15,201	15,608	15,833	14,599	9,439	13,227	13,712	13,777	15,094	13,822	15,511	16,546	16,971	15,399	17,574	14,870	14,510	14,284	14,194	13,991	13,783	12,329	11,592	11,183	10,971	10,545	10,305	9,024	9,103	8,508	6,779	6,470	6,529	6,129	6,542	6,453	6,284	6,107	5,277	5,060	5,096	4,949	5,158	4,968	4,893	4,496	4,102	3,593	3,290	3,012	2,820	2,654	1,922	1,694	1,190	1,101	871	1,035	822	744	654	583	503	446	438	446	382	328	331	289	261	198	234	214	188	208	193	164	153	136	149	137	132	132	242	246	235	221	230	179	148	128	200	200	100	100	100	200	100	100	200	100	200	100	100	200	100	200	100	200	200	200	200	200	100	0	100	200	100	200	0	0	-	-	-	-	-	-	-	-	-	-	-
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	-	-	-	-	-	-	-	-	-	-	-
Ebit	541,991	466,189	510,527	523,805	485,064	379,150	402,322	357,118	384,890	412,880	444,464	512,263	400,369	402,301	458,601	391,753	348,442	317,045	395,443	361,416	296,591	306,511	339,573	343,427	265,924	267,112	317,372	338,449	253,079	251,728	279,830	278,218	245,689	228,448	282,930	36,420	167,378	192,921	183,804	209,283	142,411	134,756	145,278	174,084	99,675	113,881	140,685	169,773	120,921	103,319	128,393	128,730	84,565	79,691	105,270	107,569	47,555	83,568	91,563	-1,097	69,316	-39,218	81,792	78,190	42,828	64,274	73,380	61,423	42,342	35,656	42,342	44,880	34,127	29,789	33,252	25,101	14,606	11,913	9,933	8,413	3,655	1,863	3,538	3,352	1,097	149	2,186	2,192	765	642	2,189	1,975	7,604	597	2,320	2,816	1,168	1,200	2,200	2,300	1,600	1,200	1,800	1,600	1,300	0	800	900	100	0	400	500	100	-600	0	0	-400	-1,700	-500	200	0	0	400	600	300	0	0	-	-	-	-	-	-	-	-	-	-	-
Ebitda	562,466	415,825	528,507	539,381	501,872	394,351	417,930	372,951	399,489	422,319	457,691	525,975	414,146	417,395	472,423	407,264	364,988	334,016	410,842	378,990	311,461	321,021	353,857	357,621	279,915	280,895	329,701	350,041	264,262	262,699	290,375	288,523	254,713	237,551	291,438	43,199	173,848	199,450	189,933	215,825	148,864	141,040	151,385	179,361	104,735	118,977	145,634	174,931	125,889	108,212	132,889	132,832	88,158	82,981	108,282	110,389	50,209	85,490	93,257	93	70,417	-38,347	82,827	79,012	43,572	64,928	73,963	61,926	42,788	36,094	42,788	45,262	34,455	30,121	33,541	25,362	14,804	12,147	10,147	8,601	3,863	2,056	3,701	3,505	1,233	298	2,323	2,324	897	884	2,435	2,211	7,825	827	2,499	2,964	1,296	1,400	2,400	2,400	1,700	1,300	2,000	1,700	1,400	200	900	1,100	200	100	600	600	300	-500	200	200	-200	-1,500	-300	300	300	100	600	700	500	400	200	-100	100	-100	100	100	100	100	-100	100	100	100
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	-	-	-	-	-	-	-	-	-	-	-
Extraordinary Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-1,800	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	1,027,129	938,373	983,763	974,222	897,849	784,315	833,725	779,861	776,667	767,580	789,158	836,838	714,935	690,685	736,531	659,469	637,196	610,768	673,002	661,283	573,532	552,202	607,659	620,258	515,257	503,610	569,709	583,497	480,874	498,113	502,975	517,814	423,098	403,361	465,476	394,508	329,196	331,783	341,920	379,288	286,818	277,161	307,470	336,262	252,039	243,888	273,592	307,008	241,169	214,244	250,307	244,221	185,537	164,410	197,926	193,350	124,554	155,276	165,032	162	130,179	138,425	149,436	146,213	104,719	125,742	128,382	128,253	92,184	80,422	92,184	80,990	62,998	51,943	55,344	44,927	30,329	24,990	23,809	20,759	13,908	10,740	13,287	11,449	8,300	6,922	9,678	9,834	6,810	9,254	11,643	11,677	8,348	8,319	11,075	10,757	7,250	7,700	9,500	8,900	7,500	6,100	8,000	7,000	5,700	4,900	5,500	4,800	2,900	2,800	4,400	4,100	2,900	2,200	4,300	3,600	2,300	2,600	3,800	4,000	2,700	2,100	3,200	2,800	2,100	2,800	1,700	100	100	300	100	100	100	100	-	100	100	100
Income Before Tax	577,745	450,076	581,884	538,964	497,560	393,526	420,079	366,170	392,189	419,011	442,174	526,847	413,387	400,796	454,033	405,468	365,860	321,233	398,564	381,963	314,203	310,895	342,561	358,097	281,720	267,845	321,368	347,490	264,920	246,726	289,338	288,301	255,321	229,487	288,076	365,124	175,081	191,911	188,869	215,991	149,017	131,743	150,723	176,025	105,404	111,572	141,238	169,713	126,631	104,530	131,228	132,756	88,756	80,166	107,369	109,997	51,771	86,501	92,756	93	63,254	-37,838	83,903	80,959	46,454	67,605	75,541	63,175	43,389	36,696	43,389	46,624	35,531	30,447	33,899	25,609	14,841	11,992	9,917	8,396	3,634	1,853	3,519	3,323	1,064	104	2,135	2,136	690	546	2,098	1,846	542	385	2,246	2,753	1,147	1,300	2,200	2,400	1,500	1,300	1,700	1,500	1,200	200	600	700	0	0	300	0	200	0	0	0	0	-900	-700	200	0	-100	500	400	0	0	0	-	-	-	-	-	-	-	-	-	-	-
Income Tax Expense	135,696	83,097	129,190	125,093	100,116	91,853	97,692	92,810	97,986	97,697	104,969	123,085	98,193	-70,940	106,379	94,099	87,025	66,279	99,641	89,490	52,718	71,788	74,828	87,981	65,670	66,523	102,624	124,857	86,940	73,779	97,695	104,082	91,444	90,745	113,502	136,120	66,622	66,580	67,269	74,988	53,767	55,637	58,536	69,152	41,908	43,589	55,096	59,918	50,532	39,994	48,836	48,508	33,713	31,034	40,873	46,159	19,208	33,144	36,251	36	21,689	-14,390	31,466	30,727	17,643	22,505	29,744	24,864	16,932	14,495	16,932	18,424	14,440	12,006	13,653	10,363	5,996	4,665	4,118	3,318	1,451	627	1,425	1,346	431	27	865	865	280	218	839	738	217	175	880	1,101	459	500	900	1,000	600	600	600	500	500	-200	300	300	0	100	200	100	200	-100	100	200	100	-700	-100	100	200	100	100	200	100	0	-200	100	200	-	-	-	-	200	-	-	-	-
Interest Expense	0	16,115	71,357	15,159	12,496	825	2,149	6,781	7,300	6,131	2,290	872	759	1,505	4,568	1,796	872	4,188	3,121	2,973	2,742	4,384	2,988	476	1,805	733	3,996	2,551	658	5,002	1,037	222	608	1,039	3,362	321,925	1,233	1,012	1,064	166	153	2,979	662	3,336	669	2,107	775	93	742	1,211	1,661	76	598	475	913	392	1,562	2,933	501	401	6,062	1,380	2,111	2,769	3,626	3,331	2,161	1,752	1,047	50	0	1,744	1,404	657	647	508	235	79	16	17	21	10	19	29	33	45	51	57	75	96	91	129	7,061	213	74	63	21	100	0	100	100	100	100	100	100	0	100	100	0	100	100	0	0	0	0	0	0	400	200	0	0	100	100	200	100	0	200	100	-	-	-	-	-	-	-	-	-	-
Interest Income	35,754	0	0	0	12,496	0	0	0	0	0	0	0	0	0	0	0	872	4,188	3,121	2,973	2,742	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-	-	-	-	-	-	-	-	-	-	-
Net Income	442,049	366,979	452,694	413,871	397,444	301,674	322,387	273,360	294,203	321,314	337,205	403,762	315,194	471,736	347,654	311,369	278,835	254,954	298,923	292,473	261,485	239,105	267,733	270,116	216,050	201,321	218,744	222,633	177,980	172,946	191,643	184,219	163,877	138,741	174,574	229,004	108,459	125,332	121,600	141,003	95,250	76,105	92,187	106,873	63,496	67,982	86,142	109,795	76,099	64,536	82,392	84,248	55,043	49,132	66,496	63,838	32,563	53,357	56,505	57	41,565	-23,448	52,437	50,232	28,811	45,100	45,797	38,311	26,457	22,201	26,457	28,200	21,091	18,440	20,245	15,246	8,845	7,327	5,799	5,078	2,183	1,226	2,094	1,977	633	77	1,270	1,271	411	328	1,259	1,108	325	210	1,365	1,652	688	800	1,300	1,400	900	700	1,100	1,000	700	200	500	600	0	-100	100	400	0	-500	-100	-200	-500	-1,000	-600	100	100	-100	400	200	100	0	200	-100	-100	-	-	-	-	-100	-	-	-	-
Net Income Applicable To Common Shares	0	0	0	413,871	397,444	301,674	322,387	273,360	294,203	321,314	337,205	403,762	315,194	471,736	347,654	311,369	278,835	254,954	298,923	292,473	261,485	239,105	267,733	270,116	216,050	201,321	218,744	222,633	177,980	172,946	191,643	184,220	163,877	138,741	174,574	229,003	4,414	125,332	121,600	141,003	95,250	76,105	92,186	106,873	63,496	67,984	86,142	109,795	76,099	64,536	82,392	84,248	55,043	49,132	66,496	63,838	32,563	53,357	56,504	57,290	41,565	55,595	52,437	50,232	28,811	45,100	45,797	38,311	20,198	22,201	26,457	28,200	21,091	18,440	20,246	15,245	8,845	7,327	5,799	5,078	2,183	1,226	2,094	1,977	633	77	1,270	1,271	411	327	1,259	1,108	325	210	1,365	1,652	688	0	0	0	0	0	0	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	442,049	366,979	452,694	413,871	397,444	301,674	322,387	273,360	294,203	321,314	337,205	403,762	315,194	471,736	347,654	311,369	278,835	254,954	298,923	292,473	261,485	239,105	267,733	270,116	216,050	201,321	218,744	222,633	177,980	172,946	191,643	184,219	163,877	138,741	174,574	229,004	4,414	125,332	121,600	141,003	95,250	76,105	92,187	106,873	63,496	67,984	86,142	109,795	76,099	64,536	82,392	84,248	55,043	0	66,496	63,838	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	35,754	0	71,357	15,159	12,496	0	2,149	-6,781	-7,300	0	-2,290	872	-759	-1,505	-4,568	-1,796	872	4,188	3,121	2,973	2,742	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	15,159	12,496	-8,125	2,149	-6,781	0	3,952	0	0	0	-7,868	0	0	872	4,187	3,121	2,973	2,742	4,384	2,988	476	1,805	733	3,996	-2,551	658	-5,002	-1,037	-222	608	1,039	-3,362	-1,015	1,233	-1,011	-1,038	178	154	-3,012	-706	-3,402	-1,902	-2,308	553	-60	346	1,134	-862	274	301	0	-186	321	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-	-	-	-	-	-	-	-	-	-	-
Operating Income	541,991	433,959	510,527	523,805	485,064	394,351	417,930	372,951	399,489	412,880	444,464	525,975	414,146	402,301	458,601	407,264	364,988	317,045	395,443	378,990	311,461	306,511	339,573	357,621	279,915	267,112	317,372	350,041	264,262	251,728	290,375	288,523	254,713	228,448	291,438	366,139	173,848	192,921	189,907	215,813	148,863	134,756	151,429	179,427	107,306	113,881	140,685	169,773	126,285	103,397	132,090	132,482	88,455	79,797	107,555	109,676	50,785	85,834	92,915	93	65,777	-39,218	81,792	78,190	42,828	64,274	73,380	61,423	42,342	35,656	42,342	45,752	34,829	29,789	33,575	25,355	14,724	11,913	9,925	8,404	3,644	1,863	3,528	3,338	1,097	149	2,186	2,192	765	642	2,189	1,975	7,506	597	2,320	2,816	1,168	1,200	2,200	2,300	1,600	1,200	1,800	1,600	1,300	100	700	800	100	-100	300	500	100	-600	0	0	-400	-1,300	-500	300	300	0	400	600	300	400	200	-100	100	-100	100	100	100	100	-100	100	100	100
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	-	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	1,357,107	5,465,995	1,345,501	1,331,156	1,213,866	1,118,579	1,206,356	1,282,309	1,119,085	1,012,164	966,093	935,959	829,670	793,982	787,761	686,632	697,109	700,161	738,134	725,055	634,530	617,719	676,587	658,252	571,006	543,243	592,104	557,027	477,884	502,037	497,579	538,965	425,473	416,985	465,181	489,053	413,182	412,645	446,065	471,386	387,266	406,093	438,993	451,507	376,917	357,636	401,255	422,867	328,320	306,560	342,619	329,663	267,964	238,868	273,911	256,025	187,325	205,080	215,014	207	178,429	293,590	203,194	204,054	169,350	182,365	173,831	183,340	136,305	115,688	136,305	110,285	84,917	68,220	71,846	60,086	45,291	38,425	42,717	37,659	27,654	24,703	29,763	25,071	20,989	20,055	24,799	24,072	17,827	20,974	23,991	23,740	11,165	17,789	20,382	19,851	14,810	16,200	18,300	16,800	13,600	10,900	14,800	12,400	10,000	10,900	12,700	10,700	7,000	7,100	10,500	9,900	7,300	7,500	12,100	9,600	5,800	7,000	9,100	8,300	5,700	5,900	6,500	5,800	4,200	5,000	4,000	200	-	400	-	-	-	-	100	-	-	-
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	-	-	-	-	-	-	-	-	-	-	-
Reconciled Depreciation	20,475	18,534	17,980	15,576	16,808	15,201	15,608	15,833	14,599	9,439	13,227	13,712	13,777	15,094	13,822	15,511	16,546	16,971	15,399	17,574	14,870	14,510	14,284	14,194	13,991	13,783	12,329	11,592	11,183	10,971	10,545	10,305	9,024	9,103	8,508	6,779	6,470	6,527	6,129	6,542	6,453	6,318	6,107	5,277	5,060	5,298	5,171	5,125	4,968	4,893	4,496	4,102	3,593	3,290	3,012	2,820	2,654	1,922	1,694	1,190	1,101	871	1,035	822	744	654	583	503	446	438	446	382	328	331	289	261	198	234	214	188	208	193	164	153	136	149	137	132	132	242	246	235	221	230	179	148	128	200	200	100	100	100	200	100	100	200	100	200	100	100	200	100	200	100	200	200	200	200	200	100	0	100	200	100	200	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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	268,800	8,800	8,800	0	0	685,500	5,500	0	0	608,900	9,100	0	0	464,600	5,500	0	0	500,500	4,700	0	0	470,600	4,300	0	0	415,900	0	0	0	354,200	0	0	0	296,700	0	0	0	264,200	0	0	0	265,800	0	0	0	241,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	216,300	456,436	456,436	0	0	295,536	0	0	0	0	0	0	0	0	0	0	56,814	67,442	49,784	55,157	54,962	245,691	253,986	257,137	228,342	236,498	252,337	233,456	216,612	246,385	212,602	224,197	167,439	171,501	171,275	166,096	151,750	138,862	152,013	163,475	142,405	123,395	156,041	156,836	144,733	130,007	132,907	137,235	114,884	110,847	118,217	111,739	97,082	84,613	90,370	83,674	73,769	69,442	76,817	69,046	64,402	177,643	67,644	68,023	61,891	61,468	55,002	66,830	49,842	44,766	49,842	35,238	28,169	22,128	21,752	19,558	15,592	13,063	13,865	12,335	10,243	8,852	9,743	8,100	7,192	6,758	7,478	7,628	6,032	8,484	9,324	9,576	7,383	7,492	8,576	7,793	5,953	6,300	7,100	6,500	5,800	4,800	6,000	5,300	4,300	4,600	4,700	3,800	2,700	2,800	3,900	3,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-
Tax Provision	135,696	83,097	129,190	125,093	100,116	91,853	97,692	92,810	97,986	97,697	104,969	123,085	98,193	-70,940	106,379	94,099	87,025	66,279	99,641	89,490	52,718	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	485,138	1,296,149	473,236	450,417	412,785	389,964	415,795	406,910	377,178	354,700	344,694	310,863	300,789	288,384	277,930	252,205	272,208	293,723	277,559	282,293	262,071	245,691	268,086	262,637	235,342	236,498	252,337	233,456	216,612	246,385	212,600	229,291	168,385	174,913	174,038	189,839	155,348	138,862	152,013	163,475	137,955	142,405	156,041	156,835	144,733	130,007	132,907	137,235	114,884	110,847	118,217	111,739	97,082	84,613	90,371	83,674	73,769	69,442	72,117	69	64,402	177,643	67,644	68,023	61,891	61,468	55,002	66,830	49,842	44,766	49,842	35,238	28,169	22,154	21,768	19,572	15,606	13,078	13,884	12,355	10,263	8,877	9,758	8,111	7,203	6,773	7,492	7,641	6,045	8,612	9,454	9,701	744	7,722	8,755	7,941	6,082	6,500	7,300	6,600	5,900	4,900	6,200	5,400	4,400	4,800	4,800	4,000	2,800	2,900	4,100	3,600	2,800	2,800	4,300	3,600	2,700	3,900	4,300	3,700	2,400	2,100	2,800	2,200	1,800	2,400	1,500	200	-	-400	-	-	-	-	-100	-	-	-
Total Other Income Expense Net	35,754	16,115	71,357	15,159	12,496	-825	2,149	-6,781	-7,300	6,131	-2,290	872	-759	-1,505	-4,568	-1,796	872	4,188	3,121	2,973	2,742	4,384	2,988	476	1,805	733	3,996	-2,551	658	-5,002	-1,037	-222	608	1,039	-3,362	161,470	1,233	-1,010	-26	-12	-1	-3,013	44	66	2,571	-2,309	553	-60	396	78	-799	-350	297	106	-727	-713	576	2,266	-342	401	-3,539	1,380	2,111	2,769	3,626	3,331	2,161	1,752	1,047	0	0	872	702	657	323	254	118	79	-8	-8	-11	-10	-9	-15	-33	-45	-51	-56	-75	-96	-91	-129	-6,964	-212	-74	-63	-21	100	0	100	-100	100	-100	-100	-100	100	-100	-100	0	0	-100	0	100	0	0	0	0	400	-200	100	0	0	100	-200	0	0	0	-	-	-	-	-	-	-	-	-	-	-
Total Revenue	1,899,098	1,730,108	1,856,028	1,854,961	1,698,930	1,512,930	1,624,286	1,655,260	1,518,574	1,425,044	1,410,557	1,461,934	1,243,816	1,196,283	1,246,362	1,093,896	1,062,097	1,017,206	1,133,577	1,104,045	945,991	924,230	1,016,160	1,015,873	850,921	810,355	909,476	907,068	742,146	753,765	787,954	827,488	680,186	645,433	756,619	693,722	587,030	605,566	635,972	687,199	536,129	540,849	590,422	630,934	484,223	471,517	541,940	592,640	454,605	409,957	474,709	462,145	356,419	318,665	381,466	365,701	238,110	290,914	307,929	300	244,206	254,372	284,986	282,244	212,178	246,639	247,211	244,763	178,647	151,344	178,647	156,037	119,746	98,010	105,421	85,441	60,014	50,337	52,641	46,064	31,299	26,566	33,291	28,409	22,086	20,204	26,985	26,265	18,592	21,616	26,180	25,715	18,769	18,386	22,702	22,667	15,978	17,400	20,500	19,100	15,200	12,100	16,600	14,000	11,300	11,000	13,400	11,500	7,100	7,000	10,800	10,400	7,400	6,900	12,100	9,600	5,400	5,700	8,600	8,600	6,000	5,900	6,900	6,400	4,500	5,400	4,200	100	100	300	100	100	100	100	-	100	100	100

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

Gross Profit (+$)
totalRevenue	7,140,027
Cost of Revenue	-3,345,821
Gross Profit	3,794,206	3,794,206

Operating Income (+$)
Gross Profit	3,794,206
Operating Expense	-1,840,851
Operating Income	1,953,355	1,953,355

Operating Expense (+$)
Research Development	0
Selling General Administrative	1,072,051
Selling And Marketing Expenses	752,500
Operating Expense	1,840,851	1,824,551

Net Interest Income (+$)
Interest Income	0
Interest Expense	-115,127
Other Finance Cost	-115,127
Net Interest Income	0

Pretax Income (+$)
Operating Income	1,953,355
Net Interest Income	0
Other Non-Operating Income Expenses	0
Income Before Tax (EBT)	2,068,482	1,838,228 EBIT - interestExpense = 1,769,330 2,068,482 1,746,115
Interest Expense	115,127
Earnings Before Interest and Taxes (EBIT)	1,884,457	2,183,609
Earnings Before Interest and Taxes (EBITDA)	1,953,355

After tax Income (+$)
Income Before Tax	2,068,482
Tax Provision	-437,494
Net Income From Continuing Ops	1,630,988	1,630,988
Net Income	1,630,988
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	8,532,493
Total Other Income/Expenses Net	115,127	0

Technical Analysis of Monster Beverage Corp
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Monster Beverage Corp. The general trend of Monster Beverage Corp is BEARISH with 85.7% 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 Monster Beverage Corp's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitions	Bullish trend (-85.7%)		Bearish trend (85.7%)
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 Monster Beverage Corp.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 50.89 < 53.90 < 55.80.

The bearish price targets are: 47.63 > 47.13 > 45.06.

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Monster Beverage Corp Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

Moving averages are lagging trend indicators.
There are many types of moving averages.
Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Monster Beverage Corp. The current mas is .

The long score for the Moving Averages is 1/14.
The longshort score for the Moving Averages is -12/(-14 +14).

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

Directionalities and relatives.

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

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

Monster Beverage Corp Daily Moving Averages Chart

2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

MACD is a lagging momentum indicator.
Uses two moving averages.
Can show buy or sell signals based on momentum.
Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Monster Beverage Corp. The current macd is -0.76255449.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-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 Monster Beverage Corp price going up in the near term. +2
MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Monster Beverage Corp. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Monster Beverage Corp price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
Trending 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

Monster Beverage Corp Daily Moving Average Convergence/Divergence (MACD) Chart

2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.

Score

Let's take a look at the Directional Movement Index (DMI) of Monster Beverage Corp. The current adx is 24.54.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Monster Beverage Corp shares, leading to potential downward momentum in its price. -1
PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.

Monster Beverage Corp Daily Directional Movement Index (DMI) Chart

2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

Parabolic SAR (stop and reverse) is a lagging trend indicator.
Shows the current trend.
Shows potential entry signals.
Shows potential exit signals.
Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Monster Beverage Corp. The current sar is 48.17.

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

Monster Beverage Corp Daily Parabolic SAR Chart

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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 Monster Beverage Corp. The current rsi is 39.61. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

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

Monster Beverage Corp Daily Relative Strength Index (RSI) Chart

3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

Leading momentum indicator, meaning the signals are instant.
Used to determine overbought and oversold areas much like the RSI.
Ranges between 0 and 100.
Above 80 is considered overbought.
Below 20 is considered oversold.
Consists of two lines named K and D.
K compares the highest high and lowest low on the selected price range.
The D line is a moving average of the K line.
Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Monster Beverage Corp. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -4/(-6 +6).

STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Monster Beverage Corp price going down in the near term. -2
Trending down: The STOCH %K is trending down. -1

Monster Beverage Corp Daily Stochastic Oscillator Chart

3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

Lagging or leading Momentum indicator
When the CCI is above zero, the price is above the historical average
When the CCI is below zero, the price is below the historical average
Used for spotting trends
- If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
- If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Monster Beverage Corp. The current cci is -42.82133689.

Monster Beverage Corp Daily Commodity Channel Index (CCI) Chart

3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

Lagging momentum indicator
Ranges between +100 and -100
Considered overbought above +50
Considered oversold below -50
It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Monster Beverage Corp. The current cmo is -20.20379559.

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

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

Monster Beverage Corp Daily Chande Momentum Oscillator (CMO) Chart

3.5 Williams %R

Shows the current price relative to the highest high over the last 14 days.

Lagging momentum indicator
Ranging between 0 and -100
Above -20 is considered overbought
Below -80 is considered oversold
Is prone to give false signals

Score

Let's take a look at the Williams %R of Monster Beverage Corp. The current willr is -52.89256198.

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

WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Monster Beverage Corp is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.

Monster Beverage Corp Daily Williams %R Chart

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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 Monster Beverage Corp.

Monster Beverage Corp Daily Bollinger Bands Chart

4.2 Average True Range (ATR)

Measures market volatility

Leading volatility indicator
Can be used to determine stop-loss positions
Calculated by:
- Current high minus the current low
- Current high minus the previous close
- Current low minus the previous close
The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Monster Beverage Corp. The current atr is 0.96628583.

Monster Beverage Corp Daily Average True Range (ATR) Chart

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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 Monster Beverage Corp. The current obv is 14,668,319.

Monster Beverage Corp Daily On-Balance Volume (OBV) Chart

5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

Lagging momentum indicator
Looks like RSI but uses volume as an extra metric (RSI only considers price)
Above 80 is considered overbought
Below 20 is considered oversold
Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Monster Beverage Corp. The current mfi is 41.63.

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

Monster Beverage Corp Daily Money Flow Index (MFI) Chart

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6. Summary

6.1. Notifications

Type	Notification	Date
Currently no notifications for Monster Beverage Corp.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

Date	Indicator	Signal
2024-02-09	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-02-13	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.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-02-14	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-02-15	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-02-16	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-02-21	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-02-23	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-26	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-02-27	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-28	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-29	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-03-04	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-06	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-07	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-03-11	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-12	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2024-03-14	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-18	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2024-03-19	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-22	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
2024-03-25	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-03-26	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-03-27	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-03-28	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-04-01	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-04-02	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
2024-04-04	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-08	STOCH	LONG EXIT		The %K line crosses below the %D line.
	MFI	SHORT ENTRY	LONG CLOSE	20 crossover to downside
2024-04-09	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.
2024-04-12	RSI	LONG ENTRY	SHORT CLOSE	30 crossover to upside
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	MFI	LONG ENTRY	SHORT CLOSE	20 crossover to upside
2024-04-15	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-04-16	RSI	LONG ENTRY	SHORT CLOSE	30 crossover to upside
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-17	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-04-18	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	MFI	SHORT ENTRY	LONG CLOSE	20 crossover to downside
2024-04-19	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-22	RSI	LONG ENTRY	SHORT CLOSE	30 crossover to upside
	MFI	LONG ENTRY	SHORT CLOSE	20 crossover to upside
2024-04-24	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
2024-04-25	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-04-29	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-30	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-05-03	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-05-06	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-05-07	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-05-08	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-05-09	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-05-10	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
2024-05-13	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-05-14	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-05-21	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-05-22	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2024-05-28	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
	MFI	SHORT ENTRY	LONG CLOSE	20 crossover to downside
2024-05-29	MFI	LONG ENTRY	SHORT CLOSE	20 crossover to upside
2024-05-30	STOCH	LONG EXIT		The %K line crosses below the %D line.
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
	MFI	SHORT ENTRY	LONG CLOSE	20 crossover to downside
2024-05-31	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	MFI	LONG ENTRY	SHORT CLOSE	20 crossover to upside
2024-06-06	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
2024-06-07	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
2024-06-10	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-06-12	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-06-17	RSI	LONG ENTRY	SHORT CLOSE	30 crossover to upside
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-06-18	STOCH	LONG EXIT		The %K line crosses below the %D line.
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-06-21	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-06-25	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.
2024-06-26	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-06-28	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-07-01	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-07-02	STOCH	LONG EXIT		The %K line crosses below the %D line.

6.3. Candlestick Patterns

Monster Beverage Corp Daily Candlestick Chart

Date	Candlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	39.607
Ma 20	Greater than	Ma 50	50.159
Ma 50	Greater than	Ma 100	52.212
Ma 100	Greater than	Ma 200	54.678
Open	Greater than	Close	49.955
Total			2/5 (40.0%)

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Quick analysis of Monster Beverage Corp (30 sec.)

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

How much money do you get?

What is your share worth?

+ What do you gain per year?

For what price can you sell your share?

1. Valuation of Monster Beverage Corp (5 min.)

$49.34

$8.16

$8.99 - $18.92

$17.15 - $27.08

2. Growth of Monster Beverage Corp (5 min.)

Is Monster Beverage Corp growing?

How much money is Monster Beverage Corp making?

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

3. Financial Health of Monster Beverage Corp (5 min.)

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

What can you expect buying and holding a share of Monster Beverage Corp?

Speculation

Investing

How much money are you going to get?

When do you get the money?

How sure are you?

Linear %

Fundamentals of Monster Beverage Corp

About Monster Beverage Corp

Financial Health

Valuation

1.1. Profitability of Monster Beverage Corp.

1.1. Profitability

1.1.1. Net Profit Margin

Trends

1.1.2. Return on Assets

Trends

1.1.3. Return on Equity

Trends

1.2. Operating Efficiency of Monster Beverage Corp.

1.2. Operating Efficiency

1.2.1. Operating Margin

Trends

1.2.2. Operating Ratio

Trends

1.3. Liquidity of Monster Beverage Corp.

1.3. Liquidity

1.3.1. Current Ratio

Trends

1.3.2. Quick Ratio

Trends

1.4. Solvency of Monster Beverage Corp.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Trends

1.4.2. Debt to Equity Ratio

Trends

2. Market Valuation of Monster Beverage Corp

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

Trends

2.2. Price To Free Cash Flow Ratio

Trends

2. Book Value per Share

2.3. Price to Book Ratio

Trends

Monster Beverage Corp
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