Royal Gold Inc
Buy, Hold or Sell?

Let's analyse Royal Gold Inc together

Penke I guess you are interested in Royal Gold Inc. 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 Royal Gold Inc. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

Get notifications about Royal Gold Inc

I send you an email if I find something interesting about Royal Gold Inc.

Quick analysis of Royal Gold Inc (30 sec.)

What can you expect buying and holding a share of Royal Gold Inc? (30 sec.)

How much money do you get?

$1.50

When do you have the money?

1 year

How often do you get paid?

100.0%

What is your share worth?

Current worth

$44.13

Expected worth in 1 year

$46.37

How sure are you?

87.5%

+ What do you gain per year?

Total Gains per Share

$3.74

Return On Investment

3.0%

For what price can you sell your share?

Current Price per Share

$124.26

Expected price per share

$111.44 - $126.37

How sure are you?

50%

1. Valuation of Royal Gold Inc (5 min.)

Live pricePrice per Share (EOD)

$124.26

Book Value per Share

$44.13

Intrinsic Value Per Share

$13.64 - $34.46

Total Value Per Share

$57.76 - $78.59

My calculation of the intrinsic value of Royal Gold Inc 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: ($-0.03) 3Y: ($-0.04) TTM: ($1.58)
The change per quarter (trend) of the Free Cash Flow Per Share is 10Y: ($0.03) 3Y: ($0.05) TTM: ($0.80)

Years	Total Low est.	Total High est.	Added Free Cash Flow
1	$0.12	$0.41	$0.28 - $0.74
2	$0.61	$1.62	$0.70 - $1.58
3	$1.43	$3.56	$1.12 - $2.42
4	$2.55	$6.20	$1.54 - $3.26
5	$3.93	$9.50	$1.96 - $4.10
6	$5.53	$13.41	$2.38 - $4.94
7	$7.33	$17.90	$2.80 - $5.78
8	$9.30	$22.93	$3.22 - $6.62
9	$11.41	$28.46	$3.64 - $7.45
10	$13.64	$34.46	$4.07 - $8.29

2. Growth of Royal Gold Inc (5 min.)

Is Royal Gold Inc growing?

	Current year	Previous year	Grow	Grow %
How rich?	$2.9b	$2.7b	$144.2m	5.1%

How much money is Royal Gold Inc making?

	Current year	Previous year	Grow	Grow %
Making money	$59.8m	$59.7m	$115k	0.2%
Net Profit Margin	39.6%	39.6%	-	-

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

Quarterly Yearly

3. Financial Health of Royal Gold Inc (5 min.)

4. Comparing to competitors in the Gold industry (5 min.)

Industry Rankings (Gold)

Richest
#17 / 496

Most Revenue
#54 / 496

Most Profit
#20 / 496

Most Efficient
#17 / 496

What can you expect buying and holding a share of Royal Gold Inc? (5 min.)

Welcome investor! Royal Gold Inc's management wants to use your money to grow the business. In return you get a share of Royal Gold Inc.

What can you expect buying and holding a share of Royal Gold Inc?

First you should know what it really means to hold a share of Royal Gold Inc. And how you can make/lose money.

Speculation

The Price per Share of Royal Gold Inc is $124.26. 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 Royal Gold Inc.
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 Royal Gold Inc, 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 $44.13. Based on the TTM, the Book Value Change Per Share is $0.56 per quarter. Based on the YOY, the Book Value Change Per Share is $0.58 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 $0.37 per quarter.

Based on historical numbers we can estimate the returns while holding a share of Royal Gold Inc.

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	0.96	0.8%	0.91	0.7%	0.91	0.7%	0.89	0.7%	0.46	0.4%
Usd Book Value Change Per Share	0.61	0.5%	0.56	0.5%	0.58	0.5%	0.57	0.5%	0.20	0.2%
Usd Dividend Per Share	0.37	0.3%	0.37	0.3%	0.35	0.3%	0.31	0.3%	0.27	0.2%
Usd Total Gains Per Share	0.98	0.8%	0.93	0.8%	0.93	0.7%	0.89	0.7%	0.47	0.4%
Usd Price Per Share	120.96	-	117.95	-	113.65	-	111.31	-	90.57	-
Price to Earnings Ratio	31.66	-	32.55	-	31.64	-	33.99	-	30.66	-
Price-to-Total Gains Ratio	123.17	-	126.79	-	124.17	-	134.02	-	129.63	-
Price to Book Ratio	2.74	-	2.72	-	2.77	-	2.92	-	2.46	-
Price-to-Total Gains Ratio	123.17	-	126.79	-	124.17	-	134.02	-	129.63	-

When do you get the money?

Usd Investment	$.00
Usd Price Per Share	124.26
Number of shares	8

Gains per Quarter	Trailing 12 Months	5 Year
Usd Dividend Per Share	0.37	0.31
Usd Book Value Change Per Share	0.56	0.57
Usd Total Gains Per Share	0.93	0.89
Gains per Quarter (8 shares)	7.48	7.09
Gains per Year (8 shares)	29.91	28.38

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	12	18	20	10	18	18
2	24	36	50	20	37	46
3	36	54	80	30	55	74
4	48	72	110	40	73	102
5	60	90	140	50	92	130
6	72	107	170	60	110	158
7	84	125	200	70	128	186
8	96	143	230	80	147	214
9	108	161	260	90	165	242
10	120	179	290	100	183	270

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%	35.0	5.0	0.0	87.5%	100.0	38.0	0.0	72.5%
Book Value Change 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%	33.0	7.0	0.0	82.5%	102.0	34.0	2.0	73.9%
Dividend per Share	4.0	0.0	0.0	100.0%	12.0	0.0	0.0	100.0%	20.0	0.0	0.0	100.0%	40.0	0.0	0.0	100.0%	94.0	0.0	44.0	68.1%
Total Gains per Share	4.0	0.0	0.0	100.0%	12.0	0.0	0.0	100.0%	20.0	0.0	0.0	100.0%	35.0	5.0	0.0	87.5%	109.0	27.0	2.0	79.0%

Fundamentals of Royal Gold Inc

About Royal Gold Inc

https://www.royalgold.com
Gold
30
1144 15th Street, Denver, CO, United States, 80202-1161
Google Maps Bing Maps

Royal Gold, Inc., together with its subsidiaries, acquires and manages precious metal streams, royalties, and related interests. The company engages in acquiring stream and royalty interests or to finance projects that are in production, development, or in the exploration stage in exchange for stream or royalty interests, which primarily consists of gold, silver, copper, nickel, zinc, lead, and other metals. Its stream and royalty interests on properties are located in the United States, Canada, Chile, the Dominican Republic, Australia, Africa, Mexico, Botswana, and internationally. Royal Gold, Inc. was incorporated in 1981 and is headquartered in Denver, Colorado.

Fundamental data was last updated by Penke on 2024-04-12 16:36:03.

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 inefficient in making profit.

Operating Efficiency Details

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

Liquidity Details

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

Solvency Details

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

1.1. Profitability of Royal Gold Inc.

1.1. Profitability

1.1.1. Net Profit Margin

Measures how much net profit Royal Gold Inc earns for each $1 of revenue.

Above 10% is considered healthy but always compare Royal Gold Inc to the Gold industry mean.
A Net Profit Margin of 41.1% means that $0.41 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Royal Gold Inc:

The MRQ is 41.1%. The company is making a huge profit. +2
The TTM is 39.6%. The company is making a huge profit. +2

Trends

Current period		Compared to		+/-
MRQ	41.1%	TTM	39.6%	+1.6%
TTM	39.6%	YOY	39.6%	-0.1%
TTM	39.6%	5Y	40.3%	-0.7%
5Y	40.3%	10Y	21.8%	+18.5%

Compared to industry (Gold)

Period	Company	Industry (mean)	+/-
MRQ	41.1%	-8.1%	+49.2%
TTM	39.6%	-3.2%	+42.8%
YOY	39.6%	-8.7%	+48.3%
5Y	40.3%	-23.2%	+63.5%
10Y	21.8%	-32.6%	+54.4%

Measures how much net profit Royal Gold Inc earns for each $1 of revenue.

Revenue is the amount of profit Royal Gold Inc 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 Royal Gold Inc 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 Royal Gold Inc to the Gold industry mean.
Can be used to compare companies within the Gold industry.

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

Why do investors use net profit margin in their analysis

It helps investors to determine the efficiency of Royal Gold Inc. If profit margins remain low (compared to the Gold 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 Royal Gold Inc is 0.41. This means that Royal Gold Inc earned $0.41 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 Gold industry is -8.1%.
What is the trend?
The trend is important because it shows you how Royal Gold Inc is performing over time. The most recent quarter might be important if Royal Gold Inc 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 Royal Gold Inc 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 Royal Gold Inc with other companies in the same industry (Gold).
Net profit margin should rise over the years.
Can be influenced when Royal Gold Inc sells assets (profit will increase while costs remain the same).
It won’t show what part of Royal Gold Inc 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 Royal Gold Inc

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 Royal Gold Inc = 62,779
Total revenue MRQ Royal Gold Inc = 152,666
$62,779 / $152,666 = 0.41 or 41.1%

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 Royal Gold Inc is using its assets to generate profit.

Above 5% is considered healthy but always compare Royal Gold Inc to the Gold industry mean.
1.9% Return on Assets means that Royal Gold Inc generated $0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Royal Gold Inc:

The MRQ is 1.9%. Using its assets, the company is less efficient in making profit.
The TTM is 1.7%. Using its assets, the company is less efficient in making profit.

Trends

Current period		Compared to		+/-
MRQ	1.9%	TTM	1.7%	+0.1%
TTM	1.7%	YOY	1.9%	-0.2%
TTM	1.7%	5Y	2.0%	-0.3%
5Y	2.0%	10Y	1.0%	+1.0%

Compared to industry (Gold)

Period	Company	Industry (mean)	+/-
MRQ	1.9%	-4.9%	+6.8%
TTM	1.7%	-5.5%	+7.2%
YOY	1.9%	-5.7%	+7.6%
5Y	2.0%	-9.7%	+11.7%
10Y	1.0%	-13.0%	+14.0%

Shows how efficient Royal Gold Inc 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 Royal Gold Inc to the Gold 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 Royal Gold Inc is using its resources to generate profit. If the return on assets (1.9%) from Royal Gold Inc are higher than the Gold mean (-4.9%) that means Royal Gold Inc 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 Royal Gold Inc is 1.9%. This means the company generated $0.02 for each $1 in assets.
How does it compare to the industry?
The mean MRQ Return on Assets of the Gold industry is -4.9%.
What is the trend?
The trend is important because it shows you how Royal Gold Inc is performing over time. The most recent quarter might be important if Royal Gold Inc 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 Royal Gold Inc 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 Royal Gold Inc

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

Income statement
Balance sheet

Net income MRQ (income statement) from Royal Gold Inc = 62,779
Total assets MRQ (balance sheet) from Royal Gold Inc = 3,361,057
62,779 / 3,361,057 = 0.02 or 1.9%

ROA is an important ratio as it will tell you how effectively Royal Gold Inc 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 Royal Gold Inc is using its investors money to generate profit.

Above 15%-20% is considered healthy but always compare Royal Gold Inc to the Gold industry mean.
2.2% Return on Equity means Royal Gold Inc generated $0.02 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Royal Gold Inc:

The MRQ is 2.2%. Using its investors money, the company is inefficient in making profit. -1
The TTM is 2.1%. Using its investors money, the company is inefficient in making profit. -1

Trends

Current period		Compared to		+/-
MRQ	2.2%	TTM	2.1%	+0.1%
TTM	2.1%	YOY	2.2%	-0.1%
TTM	2.1%	5Y	2.3%	-0.2%
5Y	2.3%	10Y	1.2%	+1.1%

Compared to industry (Gold)

Period	Company	Industry (mean)	+/-
MRQ	2.2%	-4.9%	+7.1%
TTM	2.1%	-4.9%	+7.0%
YOY	2.2%	-5.9%	+8.1%
5Y	2.3%	-9.5%	+11.8%
10Y	1.2%	-14.2%	+15.4%

Shows how efficient Royal Gold Inc 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 Royal Gold Inc to the Gold 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 Gold 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 Royal Gold Inc is 2.2%. This means Royal Gold Inc generated $0.02 for each $1 the owners (shareholders) invested.
How does it compare to the industry?
The mean MRQ Return on Equity of the Gold industry is -4.9%.
What is the trend?
The trend is important because it shows you how Royal Gold Inc is performing over time. The most recent quarter might be important if Royal Gold Inc 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 Royal Gold Inc up to 10 years back (depending if Royal Gold Inc 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 Royal Gold Inc

You need the following data to determine ROE:

Income statement
Balance sheet
Net profit MRQ (income statement) Royal Gold Inc = 62,779
Shareholders equity (balance sheet) MRQ Royal Gold Inc = 2,888,217
62,779 / 2,888,217 = 0.02 or 2.2%

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.

1.2. Operating Efficiency of Royal Gold Inc.

1.2. Operating Efficiency

1.2.1. Operating Margin

Measures how efficient Royal Gold Inc is operating .

Measures how much profit Royal Gold Inc 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 Royal Gold Inc to the Gold industry mean.
An Operating Margin of 52.2% means the company generated $0.52 for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Royal Gold Inc:

The MRQ is 52.2%. The company is operating very efficient. +2
The TTM is 51.2%. The company is operating very efficient. +2

Trends

Current period		Compared to		+/-
MRQ	52.2%	TTM	51.2%	+1.0%
TTM	51.2%	YOY	49.0%	+2.2%
TTM	51.2%	5Y	46.9%	+4.3%
5Y	46.9%	10Y	41.6%	+5.3%

Compared to industry (Gold)

Period	Company	Industry (mean)	+/-
MRQ	52.2%	-18.4%	+70.6%
TTM	51.2%	2.3%	+48.9%
YOY	49.0%	-1.2%	+50.2%
5Y	46.9%	-13.1%	+60.0%
10Y	41.6%	-29.7%	+71.3%

Measures how efficient Royal Gold Inc 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 Royal Gold Inc to the Gold 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 Royal Gold Inc 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 Royal Gold Inc is 52.2%. This means that Royal Gold Inc earned $0.52 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Margin of the Gold industry is -18.4%.
What is the trend?
The trend is important because it shows you how Royal Gold Inc is performing over time. The most recent quarter might be important if Royal Gold Inc 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 Royal Gold Inc 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 Royal Gold Inc

You need the following data to determine operating margin:

Income statement
Operating earnings MRQ Royal Gold Inc = 79,690
Total revenue MRQ Royal Gold Inc = 152,666
$79,690 / $152,666 = 0.52 or 52.2%

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 Royal Gold Inc is keeping operating costs low.

Below 1 is considered healthy (always compare to Gold industry mean).
An Operation Ratio of 0.48 means that the operating costs are $0.48 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Royal Gold Inc:

The MRQ is 0.478. The company is very efficient in keeping operating costs low. +2
The TTM is 0.500. The company is very efficient in keeping operating costs low. +2

Trends

Current period		Compared to		+/-
MRQ	0.478	TTM	0.500	-0.022
TTM	0.500	YOY	0.523	-0.023
TTM	0.500	5Y	0.539	-0.038
5Y	0.539	10Y	0.592	-0.053

Compared to industry (Gold)

Period	Company	Industry (mean)	+/-
MRQ	0.478	1.460	-0.982
TTM	0.500	1.399	-0.899
YOY	0.523	1.343	-0.820
5Y	0.539	1.450	-0.911
10Y	0.592	1.508	-0.916

Measures how efficient Royal Gold Inc 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 Royal Gold Inc to the Gold 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 Royal Gold Inc is 47.8%. This means that Royal Gold Inc earned $0.48 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 Gold industry is 1.46.
What is the trend?
The trend is important because it shows you how Royal Gold Inc is performing over time. The most recent quarter might be important if Royal Gold Inc 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 Royal Gold Inc 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 Royal Gold Inc

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
(63,235 +9,741) \ 152,666 = 0.48

The operating ratio measures the efficiency of a company at keeping low costs while generating profits from sales. It compares the total operating expenses to the net amount of sales. The total operating expenses exists of:

COGS (materials, labour, rent of facility, repairs)
Operating expenses (legal fees, marketing, wages, rent, maintenance/repairs)

Operating expenses are all the costs the company makes that are not directly tied to the production of the service or product. Where COGS are costs that are directly tied to the production of a product or service.

Do note that COGS is not always available in the income statement. Some companies include COGS in the operating expenses while others list COGS separately. To make it even more confusing, COGS is also known as “costs of sales” and costs of sales is the same as costs of revenue.

The operating ratio tells you how efficient the company is creating its products or services while keeping prices low. In this case, a lower ratio is better. Higher or rising operating ratios might tell you that costs are rising while sales are not improving or staying the same.

1.3. Liquidity of Royal Gold Inc.

1.3. Liquidity

1.3.1. Current Ratio

Measures if Royal Gold Inc is able to pay off Short-term Debt.

Above 1.5 is considered healthy (always compare to Gold industry mean).
A Current Ratio of 2.31 means the company has $2.31 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Royal Gold Inc:

The MRQ is 2.312. The company is able to pay all its short-term debts. +1
The TTM is 2.671. The company is able to pay all its short-term debts. +1

Trends

Current period		Compared to		+/-
MRQ	2.312	TTM	2.671	-0.359
TTM	2.671	YOY	4.070	-1.399
TTM	2.671	5Y	4.645	-1.974
5Y	4.645	10Y	9.103	-4.458

Compared to industry (Gold)

Period	Company	Industry (mean)	+/-
MRQ	2.312	2.384	-0.072
TTM	2.671	2.453	+0.218
YOY	4.070	3.246	+0.824
5Y	4.645	3.958	+0.687
10Y	9.103	4.544	+4.559

Measures if Royal Gold Inc 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 Gold 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 Royal Gold Inc 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 Royal Gold Inc is 2.31. This means Royal Gold Inc has $2.31 in assets for each $1 in short-term debts.
How does it compare to the industry?
The mean MRQ Current Ratio of the Gold industry is 2.38.
What is the trend?
The trend is important because it shows you how Royal Gold Inc is performing over time. The most recent quarter might be important if Royal Gold Inc 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 Royal Gold Inc 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 Royal Gold Inc

You need the following data to determine operating ratio:

Balance sheet
Current ratio = current assets \ current liabilities
167,426 \ 72,422) = 2.31

The current ratio measures if Royal Gold Inc 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 Royal Gold Inc 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 Royal Gold Inc 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 Royal Gold Inc 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 Royal Gold Inc is able to pay off Short-term Debt but only using the most liquid assets.

Above 1 is considered healthy but always compare Royal Gold Inc to the Gold industry mean.
A Quick Ratio of 2.15 means the company can pay off $2.15 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Royal Gold Inc:

The MRQ is 2.150. The company is very able to pay all its short-term debts with the most liquid assets. +2
The TTM is 2.475. The company is very able to pay all its short-term debts with the most liquid assets. +2

Trends

Current period		Compared to		+/-
MRQ	2.150	TTM	2.475	-0.324
TTM	2.475	YOY	3.805	-1.330
TTM	2.475	5Y	4.370	-1.896
5Y	4.370	10Y	8.809	-4.439

Compared to industry (Gold)

Period	Company	Industry (mean)	+/-
MRQ	2.150	0.883	+1.267
TTM	2.475	0.980	+1.495
YOY	3.805	1.415	+2.390
5Y	4.370	1.855	+2.515
10Y	8.809	2.161	+6.648

Measures if Royal Gold Inc 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 Royal Gold Inc to the Gold 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 Royal Gold Inc can pay off its short term debts. This shows if Royal Gold Inc 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 Royal Gold Inc is 2.15. This means that Royal Gold Inc can pay off $2.15 for each $1 in debt (using most liquid assets).
How does it compare to the industry?
The mean MRQ Quick Ratio of the Gold industry is 0.88.
What is the trend?
The trend is important because it shows you how Royal Gold Inc is performing over time. The most recent quarter might be important if Royal Gold Inc 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 Royal Gold Inc 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 Royal Gold Inc

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 Royal Gold Inc: (104,167 + 0 +51,560) / 72,422 = 2.15

The quick ratio measures the same thing as the current ratio, only it uses the most liquid assets a company has. Meaning, the assets that can be sold for cash the easiest and fastest.

As the quick ratio only incorporates the most liquid assets, you should also check the current ratio which also includes less liquid assets. But they may be harder to sell.

1.4. Solvency of Royal Gold Inc.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Measures how much % of Royal Gold Inc assets are financed with debt.

Below 1 (100%) is considered healthy but always compare Royal Gold Inc to Gold industry mean.
A Debt to Asset Ratio of 0.14 means that Royal Gold Inc assets are financed with 13.7% credit (debt) and the remaining percentage (100% - 13.7%) is financed by its owners/shareholders.

Let's take a look of the Debt to Asset Ratio trends of Royal Gold Inc:

The MRQ is 0.137. The company is very able to pay all its debts by selling its assets. +2
The TTM is 0.167. The company is very able to pay all its debts by selling its assets. +2

Trends

Current period		Compared to		+/-
MRQ	0.137	TTM	0.167	-0.030
TTM	0.167	YOY	0.130	+0.037
TTM	0.167	5Y	0.133	+0.034
5Y	0.133	10Y	0.178	-0.045

Compared to industry (Gold)

Period	Company	Industry (mean)	+/-
MRQ	0.137	0.198	-0.061
TTM	0.167	0.191	-0.024
YOY	0.130	0.170	-0.040
5Y	0.133	0.234	-0.101
10Y	0.178	0.262	-0.084

Measures how much % of Royal Gold Inc assets are financed with debt.

When there are more debts than assets, that means creditors have a larger stake Royal Gold Inc than its shareholders.

How to use debt to asset ratio

Lower is better.
below 1 (100%) is considered healthy but always compare Royal Gold Inc to Gold 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 Royal Gold Inc is 0.14. This means means that Royal Gold Inc is financed with 13.7% 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 Gold industry is 238.4%.
What is the trend?
The trend is important because it shows you how Royal Gold Inc is performing over time. The most recent quarter might be important if Royal Gold Inc 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 Royal Gold Inc 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 Royal Gold Inc has so much debt.

How to calculate debt to asset ratio

Debt to asset ratio = total debt \ total assets

Real life example Royal Gold Inc

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

Balance sheet
Debt to asset ratio = total debt \ total assets
460,416 \ 3,361,057 = 13.7% or 0.14.

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 Royal Gold Inc is able to pay off its debts by using shareholders equity.

Below 2 is considered healthy but always compare Royal Gold Inc to the Gold industry mean.
A Debt to Equity ratio of 15.9% means that company has $0.16 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Royal Gold Inc:

The MRQ is 0.159. The company is very able to pay all its debts with equity. +2
The TTM is 0.203. The company is very able to pay all its debts with equity. +2

Trends

Current period		Compared to		+/-
MRQ	0.159	TTM	0.203	-0.043
TTM	0.203	YOY	0.160	+0.043
TTM	0.203	5Y	0.159	+0.044
5Y	0.159	10Y	0.228	-0.069

Compared to industry (Gold)

Period	Company	Industry (mean)	+/-
MRQ	0.159	0.190	-0.031
TTM	0.203	0.207	-0.004
YOY	0.160	0.192	-0.032
5Y	0.159	0.244	-0.085
10Y	0.228	0.288	-0.060

Measures if Royal Gold Inc 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 Royal Gold Inc 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 Royal Gold Inc is 0.16. This means that Royal Gold Inc can pay off $0.16 for each $1 in debt.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Gold industry is 0.19.
What is the trend?
The trend is important because it shows you how Royal Gold Inc is performing over time. The most recent quarter might be important if Royal Gold Inc 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 Royal Gold Inc 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 Royal Gold Inc

You need the following data to determine equity ratio:

Balance sheet
Debt to equity ratio = total debt \ shareholders equity
460,416 \ 2,888,217 = 0.16 or 15.9%

Debt to equity measures the total debt versus the total shareholders equity. While the total debts to total assets ratio uses total assets, the debt to equity ratio looks at the total equity of shareholders. Where equity of shareholders are:

Common shares.
Preferred shares.
Retained earnings.

You can find the shareholders' equity in the balance sheet. A ratio between 0,5 and 1,5 is preferred. If the ratio is above 1.5, that would indicate creditors have significantly more stake (debt) in the company than the shareholders. In other words, the company is using a lot of debt to finance their operations.

Not all debt is equally risky. Meaning you can adjust the ratio by including or excluding certain amounts of debt. Short term debts are less risky because they have to be paid back within one year anyway. It’s much easier to plan one year ahead versus five or ten years.

2. Market Valuation of Royal Gold Inc

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 Royal Gold Inc generates.

Above 15 is considered overpriced but always compare Royal Gold Inc to the Gold industry mean.
A PE ratio of 31.66 means the investor is paying $31.66 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Royal Gold Inc:

The EOD is 32.527. Based on the earnings, the company is overpriced. -1
The MRQ is 31.663. Based on the earnings, the company is overpriced. -1
The TTM is 32.551. Based on the earnings, the company is overpriced. -1

Trends

Current period		Compared to		+/-
EOD	32.527	MRQ	31.663	+0.864
MRQ	31.663	TTM	32.551	-0.888
TTM	32.551	YOY	31.636	+0.915
TTM	32.551	5Y	33.992	-1.440
5Y	33.992	10Y	30.659	+3.333

Compared to industry (Gold)

Period	Company	Industry (mean)	+/-
EOD	32.527	-3.511	+36.038
MRQ	31.663	-3.971	+35.634
TTM	32.551	-4.199	+36.750
YOY	31.636	-6.363	+37.999
5Y	33.992	-8.970	+42.962
10Y	30.659	-9.754	+40.413

Measures how much money you pay for each share for every $1 in earnings Royal Gold Inc 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 Royal Gold Inc to the Gold 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 Royal Gold Inc is 31.66. This means the investor is paying $31.66 for every $1 in earnings.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Gold industry is -3.97.
What is the trend?
The trend is important because it shows you how Royal Gold Inc is performing over time. The most recent quarter might be important if Royal Gold Inc 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 Royal Gold Inc 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 Royal Gold Inc

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 \ 65,727 = EPS
PE ratio MRQ = 31.66

* 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 Royal Gold Inc:

The EOD is 19.679. Based on how much money comes from the company's main activities, the company is underpriced. +1
The MRQ is 19.156. Based on how much money comes from the company's main activities, the company is underpriced. +1
The TTM is 18.630. Based on how much money comes from the company's main activities, the company is underpriced. +1

Trends

Current period		Compared to		+/-
EOD	19.679	MRQ	19.156	+0.523
MRQ	19.156	TTM	18.630	+0.527
TTM	18.630	YOY	7.757	+10.873
TTM	18.630	5Y	29.280	-10.650
5Y	29.280	10Y	14.047	+15.233

Compared to industry (Gold)

Period	Company	Industry (mean)	+/-
EOD	19.679	-4.360	+24.039
MRQ	19.156	-4.630	+23.786
TTM	18.630	-4.966	+23.596
YOY	7.757	-6.257	+14.014
5Y	29.280	-10.965	+40.245
10Y	14.047	-12.662	+26.709

2. Book Value per Share

2.3. Price to Book Ratio

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

At or below 1 is considered healthy (always compare to Gold industry mean).
A PB ratio of 2.74 means the investor is paying $2.74 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Royal Gold Inc:

The EOD is 2.816. Based on the equity, the company is underpriced. +1
The MRQ is 2.741. Based on the equity, the company is underpriced. +1
The TTM is 2.724. Based on the equity, the company is underpriced. +1

Trends

Current period		Compared to		+/-
EOD	2.816	MRQ	2.741	+0.075
MRQ	2.741	TTM	2.724	+0.017
TTM	2.724	YOY	2.768	-0.044
TTM	2.724	5Y	2.920	-0.196
5Y	2.920	10Y	2.464	+0.457

Compared to industry (Gold)

Period	Company	Industry (mean)	+/-
EOD	2.816	1.205	+1.611
MRQ	2.741	1.185	+1.556
TTM	2.724	1.215	+1.509
YOY	2.768	1.833	+0.935
5Y	2.920	2.375	+0.545
10Y	2.464	2.431	+0.033

2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Royal Gold Inc.

3.1. Institutions holding Royal Gold Inc

Institutions are holding 86.471% of the shares of Royal Gold Inc.

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2023-12-31	Capital World Investors	12.4471	0.1758	8169223	47807	0.5887
2023-12-31	BlackRock Inc	10.5503	0.0214	6924347	-229525	-3.2084
2023-12-31	Vanguard Group Inc	10.1225	0.0176	6643568	22921	0.3462
2023-12-31	Van Eck Associates Corporation	6.5569	0.9472	4303377	22701	0.5303
2023-12-31	Arnhold & S. Bleichroeder Advisers, LLC	5.5875	1.0568	3667169	37885	1.0439
2023-12-31	State Street Corporation	5.5746	0.0215	3658677	-7386	-0.2015
2023-12-31	Findlay Park Partners LLP	1.932	1.5066	1268030	-33297	-2.5587
2023-12-31	Geode Capital Management, LLC	1.6288	0.0135	1069007	32787	3.1641
2023-12-31	Bank of New York Mellon Corp	1.2033	0.0194	789730	-24015	-2.9512
2023-12-31	Northern Trust Corp	1.0761	0.0155	706282	7144	1.0218
2023-12-31	Acadian Asset Management LLC	1.0277	0.3163	674476	-143105	-17.5035
2023-12-31	Kopernik Global Investors, LLC	1.0235	8.4143	671723	73642	12.313
2023-12-31	Millennium Management LLC	0.9173	0.0315	602041	-112347	-15.7263
2023-12-31	Dimensional Fund Advisors, Inc.	0.9007	0.0209	591132	20443	3.5822
2023-12-31	Morgan Stanley - Brokerage Accounts	0.7814	0.0055	512861	2943	0.5772
2023-12-31	Charles Schwab Investment Management Inc	0.7058	0.0142	463245	13110	2.9125
2023-12-31	T. Rowe Price Investment Management,Inc.	0.6412	0.0331	420840	262634	166.0076
2023-12-31	Renaissance Technologies Corp	0.5699	0.07	374033	-13800	-3.5582
2023-12-31	Amundi	0.5682	0.0202	372941	100397	36.837
2023-12-31	ClearBridge Advisors, LLC	0.5328	0.0364	349688	1330	0.3818
Total		64.3476	12.7577	42232390	+82269	+0.2%

3.2. Funds holding Royal Gold Inc

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2023-12-31	American Funds American Balanced A	6.5055	0.2444	4269700	40200	0.9505
2024-03-29	VanEck Gold Miners ETF USD	5.7432	3.4123	3769356	0	0
2024-02-29	Vanguard Total Stock Mkt Idx Inv	3.1446	0.0137	2063870	-5016	-0.2424
2024-03-28	iShares Core S&P Mid-Cap ETF	3.1134	0.2926	2043373	-1818	-0.0889
2023-12-31	Capital Group Fundamental Invtrs Comp	2.7525	0.1748	1806500	0	0
2023-12-31	American Funds Fundamental Invs A	2.7525	0.1748	1806500	0	0
2024-02-29	Vanguard Small Cap Index	2.58	0.1236	1693272	15704	0.9361
2024-02-29	First Eagle Global A	2.2504	0.3	1476988	0	0
2023-12-31	American Funds IS® Asset Allocation 1	2.1407	0.6617	1405000	0	0
2024-01-31	Findlay Park American I USD Dist	1.9183	1.3574	1259030	-9000	-0.7098
2024-02-29	Vanguard Institutional Extnd Mkt Idx Tr	1.4793	0.0976	970885	-392	-0.0404
2024-02-29	Vanguard Small Cap Growth Index Inv	1.4483	0.2795	950547	14884	1.5907
2024-03-28	SPDR® S&P Dividend ETF	1.4071	0.5349	923516	0	0
2024-02-29	First Eagle Gold A	1.358	4.6645	891278	0	0
2024-03-28	SPDR® S&P Metals and Mining ETF	1.0644	4.7128	698588	7402	1.0709
2023-12-31	Capital Group Growth Composite	0.9127	0.1844	599000	0	0
2023-12-31	American Funds IS® Growth 1	0.9127	0.1844	599000	0	0
2024-02-29	SPDR® S&P MIDCAP 400 ETF Trust	0.7994	0.2561	524685	1974	0.3776
2024-02-29	First Eagle Overseas A	0.6932	0.3756	454973	0	0
2024-02-29	BL-Global Flexible EUR A	0.6399	2.9872	419968	-55027	-11.5848
Total		43.6161	21.0323	28626029	+8911	+0.0%

3.3. Insider Transactions

Insiders are holding 0.335% of the shares of Royal Gold Inc.

Date	Owner	Type	Amount	Price
2024-03-11	Randy Shefman	SELL	500	113
2024-02-22	Randy Shefman	SELL	500	104.18
2023-05-08	Daniel Breeze	SELL	2095	141.92
2023-05-08	Mark Isto	SELL	9660	141.89
2023-05-08	William M Hayes	SELL	2140	142.5

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Royal Gold Inc 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	-	-	0.607	0.560	+8%	0.579	+5%	0.573	+6%	0.202	+200%
Book Value Per Share	-	-	44.128	43.323	+2%	41.137	+7%	38.373	+15%	36.690	+20%
Current Ratio	-	-	2.312	2.671	-13%	4.070	-43%	4.645	-50%	9.103	-75%
Debt To Asset Ratio	-	-	0.137	0.167	-18%	0.130	+5%	0.133	+3%	0.178	-23%
Debt To Equity Ratio	-	-	0.159	0.203	-21%	0.160	0%	0.159	+0%	0.228	-30%
Dividend Per Share	-	-	0.375	0.375	+0%	0.350	+7%	0.313	+20%	0.271	+38%
Eps	-	-	0.955	0.910	+5%	0.909	+5%	0.893	+7%	0.461	+107%
Free Cash Flow Per Share	-	-	1.579	1.581	0%	-1.920	+222%	0.343	+360%	-0.025	+102%
Free Cash Flow To Equity Per Share	-	-	0.060	-0.044	+173%	-0.092	+254%	-0.073	+221%	-0.358	+696%
Gross Profit Margin	-	-	1.000	1.000	0%	1.000	0%	1.000	0%	1.000	0%
Intrinsic Value_10Y_max	-	-	34.463	-	-	-	-	-	-	-	-
Intrinsic Value_10Y_min	-	-	13.635	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_max	-	-	0.415	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_min	-	-	0.117	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_max	-	-	3.562	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_min	-	-	1.435	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_max	-	-	9.501	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_min	-	-	3.932	-	-	-	-	-	-	-	-
Market Cap	8167995006.000	+3%	7951075776.000	7754383018.605	+3%	7470566815.000	+6%	7317181335.021	+9%	5953382488.336	+34%
Net Profit Margin	-	-	0.411	0.396	+4%	0.396	+4%	0.403	+2%	0.218	+89%
Operating Margin	-	-	0.522	0.512	+2%	0.490	+6%	0.469	+11%	0.416	+25%
Operating Ratio	-	-	0.478	0.500	-4%	0.523	-9%	0.539	-11%	0.592	-19%
Pb Ratio	2.816	+3%	2.741	2.724	+1%	2.768	-1%	2.920	-6%	2.464	+11%
Pe Ratio	32.527	+3%	31.663	32.551	-3%	31.636	+0%	33.992	-7%	30.659	+3%
Price Per Share	124.260	+3%	120.960	117.945	+3%	113.650	+6%	111.312	+9%	90.567	+34%
Price To Free Cash Flow Ratio	19.679	+3%	19.156	18.630	+3%	7.757	+147%	29.280	-35%	14.047	+36%
Price To Total Gains Ratio	126.535	+3%	123.174	126.794	-3%	124.170	-1%	134.023	-8%	129.634	-5%
Quick Ratio	-	-	2.150	2.475	-13%	3.805	-43%	4.370	-51%	8.809	-76%
Return On Assets	-	-	0.019	0.017	+7%	0.019	-4%	0.020	-8%	0.010	+79%
Return On Equity	-	-	0.022	0.021	+3%	0.022	-2%	0.023	-7%	0.012	+81%
Total Gains Per Share	-	-	0.982	0.935	+5%	0.929	+6%	0.887	+11%	0.473	+107%
Usd Book Value	-	-	2900641000.000	2848312000.000	+2%	2704045000.000	+7%	2522480100.000	+15%	2411776700.000	+20%
Usd Book Value Change Per Share	-	-	0.607	0.560	+8%	0.579	+5%	0.573	+6%	0.202	+200%
Usd Book Value Per Share	-	-	44.128	43.323	+2%	41.137	+7%	38.373	+15%	36.690	+20%
Usd Dividend Per Share	-	-	0.375	0.375	+0%	0.350	+7%	0.313	+20%	0.271	+38%
Usd Eps	-	-	0.955	0.910	+5%	0.909	+5%	0.893	+7%	0.461	+107%
Usd Free Cash Flow	-	-	103766000.000	103948000.000	0%	-126202500.000	+222%	22558400.000	+360%	-1643150.000	+102%
Usd Free Cash Flow Per Share	-	-	1.579	1.581	0%	-1.920	+222%	0.343	+360%	-0.025	+102%
Usd Free Cash Flow To Equity Per Share	-	-	0.060	-0.044	+173%	-0.092	+254%	-0.073	+221%	-0.358	+696%
Usd Market Cap	8167995006.000	+3%	7951075776.000	7754383018.605	+3%	7470566815.000	+6%	7317181335.021	+9%	5953382488.336	+34%
Usd Price Per Share	124.260	+3%	120.960	117.945	+3%	113.650	+6%	111.312	+9%	90.567	+34%
Usd Profit	-	-	62779000.000	59860000.000	+5%	59745000.000	+5%	58693050.000	+7%	30311225.000	+107%
Usd Revenue	-	-	152666000.000	151429250.000	+1%	150801250.000	+1%	144601100.000	+6%	118879075.000	+28%
Usd Total Gains Per Share	-	-	0.982	0.935	+5%	0.929	+6%	0.887	+11%	0.473	+107%
	EOD	+4 -4	MRQ	TTM	+26 -9	YOY	+26 -9	5Y	+27 -8	10Y	+28 -7

4.2. Fundamental Score

Let's check the fundamental score of Royal Gold Inc based on Penke's default stock scanner.

Penke's Stock Scanner

Indicator	Condition		Value
Price to Earnings Ratio (EOD)	Between	0-15	32.527
Price to Book Ratio (EOD)	Between	0-1	2.816
Net Profit Margin (MRQ)	Greater than	0	0.411
Operating Margin (MRQ)	Greater than	0	0.522
Quick Ratio (MRQ)	Greater than	1	2.150
Current Ratio (MRQ)	Greater than	1	2.312
Debt to Asset Ratio (MRQ)	Less than	1	0.137
Debt to Equity Ratio (MRQ)	Less than	1	0.159
Return on Equity (MRQ)	Greater than	0.15	0.022
Return on Assets (MRQ)	Greater than	0.05	0.019
Total			6/10 (60.0%)

Create your own Stock Scanner

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

4.3. Technical Score

Let's check the technical score of Royal Gold Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	59.767
Ma 20	Greater than	Ma 50	122.455
Ma 50	Greater than	Ma 100	115.082
Ma 100	Greater than	Ma 200	116.264
Open	Greater than	Close	124.640
Total			4/5 (80.0%)

Create your own Symbol Scanner

Trading is personal. The best traders buy and sell based on their own technical analysis. Create your personal Symbol Scanner with the technical indicators that are important to you.
Create your own Symbol Scanner

Latest Balance Sheet

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

Summary

Total Assets	3,361,057
Total Liabilities	460,416
Total Stockholder Equity	2,888,217

	As reported
Total Liabilities	460,416
Total Stockholder Equity	+ 2,888,217
Total Assets	= 3,361,057

Assets

Total Assets	3,361,057
Total Current Assets	167,426
Long-term Assets	3,193,631

Total Current Assets

Total Current Assets (as reported)	167,426
Cash And Cash Equivalents	104,167
Net Receivables	51,560
Inventory	9,788
Other Current Assets	1,911
Total Current Assets (calculated)	167,426
+/-	0

Long-term Assets

Long-term Assets (as reported)	3,193,631
Property Plant Equipment	3,079,513
Long-term Assets Other	114,118
Long-term Assets (calculated)	3,193,631
+/-	0

Liabilities & Shareholders' Equity

Total Current Liabilities	72,422
Long-term Liabilities	387,994
Total Stockholder Equity	2,888,217

Total Current Liabilities

Total Current Liabilities (as reported)	72,422
Short-term Debt	972
Accounts payable	11,441
Other Current Liabilities	60,009
Total Current Liabilities (calculated)	72,422
+/-	0

Long-term Liabilities

Long-term Liabilities (as reported)	387,994
Long term Debt	245,967
Long-term Liabilities Other	7,728
Long-term Liabilities (calculated)	253,695
+/-	134,299

Total Stockholder Equity

Total Stockholder Equity (as reported)	2,888,217
Common Stock	656
Retained Earnings	666,522
Other Stockholders Equity	2,221,039
Total Stockholder Equity (calculated)	2,888,217
+/-	0

Other

Capital Stock	656
Cash and Short Term Investments	104,167
Common Stock Shares Outstanding	65,727
Current Deferred Revenue	41,849
Liabilities and Stockholders Equity	3,361,057
Net Debt	147,445
Net Invested Capital	3,134,184
Net Working Capital	95,004
Property Plant and Equipment Gross	4,874,194
Short Long Term Debt Total	251,612

Balance Sheet

Currency in USD. All numbers in thousands.

Trend

2023-12-31

2023-09-30

2023-06-30

2023-03-31

2022-12-31

2022-09-30

2022-06-30

2022-03-31

2021-12-31

2021-09-30

2021-06-30

2021-03-31

2020-12-31

2020-09-30

2020-06-30

2020-03-31

2019-12-31

2019-09-30

2019-06-30

2019-03-31

2018-12-31

2018-09-30

2018-06-30

2018-03-31

2017-12-31

2017-09-30

2017-06-30

2017-03-31

2016-12-31

2016-09-30

2016-06-30

2016-03-31

2015-12-31

2015-09-30

2015-06-30

2015-03-31

2014-12-31

2014-09-30

2014-06-30

2014-03-31

2013-12-31

2013-09-30

2013-06-30

2013-03-31

2012-12-31

2012-09-30

2012-06-30

2012-03-31

2011-12-31

2011-09-30

2011-06-30

2011-03-31

2010-12-31

2010-09-30

2010-06-30

2010-03-31

2009-12-31

2009-09-30

2009-06-30

2009-03-31

2008-12-31

2008-09-30

2008-06-30

2008-03-31

2007-12-31

2007-09-30

2007-06-30

2007-03-31

2006-12-31

2006-09-30

2006-06-30

2006-03-31

2005-12-31

2005-09-30

2005-06-30

2005-03-31

2004-12-31

2004-09-30

2004-06-30

2004-03-31

2003-12-31

2003-09-30

2003-06-30

2003-03-31

2002-12-31

2002-09-30

2002-06-30

2002-03-31

2001-12-31

2001-09-30

2001-06-30

2001-03-31

2000-12-31

2000-09-30

2000-06-30

2000-03-31

1999-12-31

1999-09-30

1999-06-30

1999-03-31

1998-12-31

1998-09-30

1998-06-30

1998-03-31

1997-12-31

1997-09-30

1997-06-30

1997-03-31

1996-12-31

1996-09-30

1996-06-30

1996-03-31

1995-12-31

1995-09-30

1995-06-30

1995-03-31

1994-12-31

1994-09-30

1994-06-30

1994-03-31

1993-12-31

1993-09-30

1993-06-30

1993-03-31

1992-12-31

1992-09-30

1992-06-30

1992-03-31

1991-12-31

1991-09-30

1991-06-30

1991-03-31

1990-12-31

1990-09-30

1990-06-30

1990-03-31

1989-12-31

1989-09-30

1989-06-30

1989-03-31

1988-12-31

1988-09-30

1988-06-30

1988-03-31

1987-12-31

1987-09-30

1987-06-30

1987-03-31

1986-12-31

1986-09-30

1986-06-30

1986-03-31

1985-12-31

1985-09-30

> Total Assets

0
0
0
12,800
0
0
0
17,500
0
0
0
18,200
0
0
0
13,000
13,500
14,000
12,800
11,400
10,700
10,700
2,900
2,600
2,400
2,300
2,100
1,900
3,000
2,500
2,200
2,700
2,600
5,500
8,800
8,200
11,800
10,900
8,200
10,300
11,700
11,200
12,800
14,100
15,900
17,200
17,100
19,000
19,700
23,600
22,500
20,900
19,800
18,600
17,600
11,800
16,500
18,000
17,668
17,498
16,770
16,300
16,551
17,262
17,557
19,120
20,642
29,590
44,165
74,992
75,855
86,359
86,953
89,166
91,421
93,522
96,097
98,517
100,779
102,319
161,585
167,826
169,577
171,765
179,129
183,392
290,348
356,649
371,790
542,147
540,288
545,850
556,865
582,627
574,714
809,924
793,503
804,353
1,586,734
1,861,333
1,862,807
1,863,624
1,912,727
1,902,702
1,892,479
1,994,379
2,108,956
2,376,366
2,403,359
2,887,047
2,893,860
2,905,341
2,902,493
2,889,198
2,882,831
2,891,544
2,892,863
2,862,588
2,910,027
2,917,191
3,228,695
3,223,268
3,099,242
3,069,729
3,148,591
3,160,244
3,128,782
3,094,065
3,065,895
3,029,400
2,753,447
2,682,016
2,672,866
2,675,106
2,699,385
2,544,151
2,547,911
2,554,636
2,549,864
2,766,287
2,797,187
2,763,734
2,753,526
2,651,605
2,805,677
2,757,032
2,789,852
2,853,046
3,376,793
3,534,522
3,491,032
3,439,709
3,397,163
3,361,057

3,361,057

3,397,163

3,439,709

3,491,032

3,534,522

3,376,793

2,853,046

2,789,852

2,757,032

2,805,677

2,651,605

2,753,526

2,763,734

2,797,187

2,766,287

2,549,864

2,554,636

2,547,911

2,544,151

2,699,385

2,675,106

2,672,866

2,682,016

2,753,447

3,029,400

3,065,895

3,094,065

3,128,782

3,160,244

3,148,591

3,069,729

3,099,242

3,223,268

3,228,695

2,917,191

2,910,027

2,862,588

2,892,863

2,891,544

2,882,831

2,889,198

2,902,493

2,905,341

2,893,860

2,887,047

2,403,359

2,376,366

2,108,956

1,994,379

1,892,479

1,902,702

1,912,727

1,863,624

1,862,807

1,861,333

1,586,734

804,353

793,503

809,924

574,714

582,627

556,865

545,850

540,288

542,147

371,790

356,649

290,348

183,392

179,129

171,765

169,577

167,826

161,585

102,319

100,779

98,517

96,097

93,522

91,421

89,166

86,953

86,359

75,855

74,992

44,165

29,590

20,642

19,120

17,557

17,262

16,551

16,300

16,770

17,498

17,668

18,000

16,500

11,800

17,600

18,600

19,800

20,900

22,500

23,600

19,700

19,000

17,100

17,200

15,900

14,100

12,800

11,200

11,700

10,300

8,200

10,900

11,800

8,200

8,800

5,500

2,600

2,700

2,200

2,500

3,000

1,900

2,100

2,300

2,400

2,600

2,900

10,700

11,400

12,800

14,000

13,500

13,000

18,200

17,500

12,800

> Total Current Assets

0
0
0
2,700
0
0
0
4,300
0
0
0
8,400
0
0
0
1,500
1,800
2,000
1,200
700
400
500
200
400
200
300
300
200
1,300
1,200
900
1,500
1,400
4,300
7,600
7,100
10,700
9,500
7,100
8,900
9,900
8,900
10,500
11,700
12,900
13,200
13,000
15,100
15,100
19,300
15,800
12,200
12,200
11,000
9,500
9,400
6,300
8,200
7,957
7,565
7,124
7,408
8,020
6,004
7,440
9,646
11,651
14,292
30,113
31,290
34,232
36,802
39,058
46,447
49,005
51,901
55,264
50,430
53,222
56,228
116,111
90,948
85,532
84,699
80,742
80,148
28,455
95,683
102,866
209,359
199,912
210,977
221,714
70,722
72,344
318,708
333,676
354,434
93,000
371,268
366,361
128,387
184,996
169,273
184,522
166,128
251,513
445,208
371,847
781,050
748,985
744,497
715,400
729,012
712,437
735,977
757,378
751,868
759,625
797,023
152,311
162,860
175,180
167,945
191,986
136,197
134,174
143,607
155,779
165,479
151,845
125,807
159,430
203,735
265,355
154,679
164,210
136,442
150,577
362,150
469,825
450,491
446,322
297,135
232,083
215,996
258,645
340,340
181,783
185,833
189,164
165,249
163,766
167,426

167,426

163,766

165,249

189,164

185,833

181,783

340,340

258,645

215,996

232,083

297,135

446,322

450,491

469,825

362,150

150,577

136,442

164,210

154,679

265,355

203,735

159,430

125,807

151,845

165,479

155,779

143,607

134,174

136,197

191,986

167,945

175,180

162,860

152,311

797,023

759,625

751,868

757,378

735,977

712,437

729,012

715,400

744,497

748,985

781,050

371,847

445,208

251,513

166,128

184,522

169,273

184,996

128,387

366,361

371,268

93,000

354,434

333,676

318,708

72,344

70,722

221,714

210,977

199,912

209,359

102,866

95,683

28,455

80,148

80,742

84,699

85,532

90,948

116,111

56,228

53,222

50,430

55,264

51,901

49,005

46,447

39,058

36,802

34,232

31,290

30,113

14,292

11,651

9,646

7,440

6,004

8,020

7,408

7,124

7,565

7,957

8,200

6,300

9,400

9,500

11,000

12,200

15,800

19,300

15,100

13,000

13,200

12,900

11,700

10,500

8,900

9,900

8,900

7,100

9,500

10,700

7,100

7,600

4,300

1,400

1,500

900

1,200

1,300

200

300

200

400

200

500

400

700

1,200

2,000

1,800

1,500

8,400

4,300

2,700

Cash And Cash Equivalents

0
0
0
1,700
0
0
0
3,600
0
0
0
6,900
0
0
0
300
100
1,600
1,000
400
100
200
100
200
100
300
300
200
1,300
1,200
800
1,400
1,300
4,100
2,500
1,900
5,500
4,300
1,900
3,400
3,700
2,800
3,800
3,300
2,300
2,100
4,400
3,300
2,200
6,600
2,700
8,500
7,600
6,400
5,200
4,700
1,200
3,200
3,420
4,647
4,522
5,454
5,782
4,578
4,919
6,926
8,641
11,104
27,001
28,317
29,105
33,486
35,395
38,757
41,667
44,801
48,667
43,366
46,881
48,840
109,484
79,873
79,910
78,449
73,220
70,936
19,168
82,842
90,812
195,652
183,823
192,035
209,813
55,040
50,538
294,566
307,497
316,837
53,650
324,846
321,503
71,409
125,771
114,155
123,401
95,802
183,338
375,456
302,037
680,731
673,103
664,035
637,899
659,289
646,112
659,536
691,411
675,128
715,228
742,849
104,310
117,600
122,863
116,633
133,042
83,988
88,090
85,847
88,395
98,132
109,376
88,750
117,078
156,536
215,996
119,475
121,970
80,504
93,715
319,128
413,116
381,859
370,260
225,916
160,208
143,551
183,707
280,617
122,238
118,586
126,816
106,157
102,901
104,167

104,167

102,901

106,157

126,816

118,586

122,238

280,617

183,707

143,551

160,208

225,916

370,260

381,859

413,116

319,128

93,715

80,504

121,970

119,475

215,996

156,536

117,078

88,750

109,376

98,132

88,395

85,847

88,090

83,988

133,042

116,633

122,863

117,600

104,310

742,849

715,228

675,128

691,411

659,536

646,112

659,289

637,899

664,035

673,103

680,731

302,037

375,456

183,338

95,802

123,401

114,155

125,771

71,409

321,503

324,846

53,650

316,837

307,497

294,566

50,538

55,040

209,813

192,035

183,823

195,652

90,812

82,842

19,168

70,936

73,220

78,449

79,910

79,873

109,484

48,840

46,881

43,366

48,667

44,801

41,667

38,757

35,395

33,486

29,105

28,317

27,001

11,104

8,641

6,926

4,919

4,578

5,782

5,454

4,522

4,647

3,420

3,200

1,200

4,700

5,200

6,400

7,600

8,500

2,700

6,600

2,200

3,300

4,400

2,100

2,300

3,300

3,800

2,800

3,700

3,400

1,900

4,300

5,500

1,900

2,500

4,100

1,300

1,400

800

1,200

1,300

200

300

100

200

100

200

100

400

1,000

1,600

100

300

6,900

3,600

1,700

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
4,000
3,000
2,000
1,002
920
891
467
862
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
6,273
0
0
3,861
0
0
0
0
0
1,100
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

1,100

3,861

6,273

862

467

891

920

1,002

2,000

3,000

4,000

Net Receivables

0
0
0
600
0
0
0
0
0
0
0
100
0
0
0
300
300
200
200
0
100
0
0
200
0
0
0
0
0
0
0
0
0
100
100
200
200
100
200
200
400
200
200
1,900
2,600
100
1,400
2,600
2,300
200
300
600
300
400
300
600
2,100
3,000
2,371
1,761
1,425
1,183
1,140
1,219
2,335
2,546
2,873
3,022
2,943
2,728
4,970
3,125
3,402
4,312
5,121
5,221
5,015
5,207
5,125
6,601
5,884
6,928
4,730
5,962
7,007
8,621
8,986
12,470
11,135
13,232
15,677
18,503
11,392
14,833
20,286
22,969
25,314
36,719
37,103
43,795
43,041
55,016
51,962
48,828
54,778
64,984
62,086
64,992
64,735
77,958
69,398
65,543
72,328
66,044
62,235
68,601
59,498
61,114
39,486
44,103
38,089
35,741
41,811
41,209
44,979
40,310
38,797
49,055
55,102
56,651
28,944
26,396
31,487
38,452
36,344
23,435
30,333
38,117
43,683
30,124
37,871
53,255
60,096
51,762
57,040
59,003
57,915
44,580
43,532
52,471
48,658
46,060
48,975
51,560

51,560

48,975

46,060

48,658

52,471

43,532

44,580

57,915

59,003

57,040

51,762

60,096

53,255

37,871

30,124

43,683

38,117

30,333

23,435

36,344

38,452

31,487

26,396

28,944

56,651

55,102

49,055

38,797

40,310

44,979

41,209

41,811

35,741

38,089

44,103

39,486

61,114

59,498

68,601

62,235

66,044

72,328

65,543

69,398

77,958

64,735

64,992

62,086

64,984

54,778

48,828

51,962

55,016

43,041

43,795

37,103

36,719

25,314

22,969

20,286

14,833

11,392

18,503

15,677

13,232

11,135

12,470

8,986

8,621

7,007

5,962

4,730

6,928

5,884

6,601

5,125

5,207

5,015

5,221

5,121

4,312

3,402

3,125

4,970

2,728

2,943

3,022

2,873

2,546

2,335

1,219

1,140

1,183

1,425

1,761

2,371

3,000

2,100

600

300

400

300

600

300

200

2,300

2,600

1,400

100

2,600

1,900

200

400

200

100

200

100

200

100

200

300

100

600

Other Current Assets

0
0
0
400
0
0
0
700
0
0
0
600
0
0
0
200
200
100
0
300
100
100
100
0
100
0
0
0
0
0
100
100
100
100
5,000
5,000
5,000
5,100
5,000
5,100
5,100
5,100
5,200
5,300
5,200
7,300
5,200
6,300
5,200
5,800
5,800
3,000
4,100
4,100
4,000
0
0
0
1,157
236
286
304
237
207
186
174
136
165
169
245
158
191
261
3,378
2,217
1,879
1,583
1,857
1,216
787
743
4,147
892
364
515
591
302
371
918
475
412
439
509
849
1,520
1,173
865
878
2,247
2,627
1,817
1,962
7,263
6,290
6,343
5,342
6,089
4,760
5,075
22,361
6,484
14,919
5,173
3,679
4,090
7,840
6,469
15,626
4,911
1,511
9,912
1,230
1,243
614
1,350
1,720
663
822
4,488
3,337
826
1,350
854
793
602
389
1,135
2,485
1,232
1,227
1,679
1,477
1,475
1,773
2,613
1,835
8,533
1,971
2,322
2,120
2,091
2,375
2,039
1,911

1,911

2,039

2,375

2,091

2,120

2,322

1,971

8,533

1,835

2,613

1,773

1,475

1,477

1,679

1,227

1,232

2,485

1,135

389

602

793

854

1,350

826

3,337

4,488

822

663

1,720

1,350

614

1,243

1,230

9,912

1,511

4,911

15,626

6,469

7,840

4,090

3,679

5,173

14,919

6,484

22,361

5,075

4,760

6,089

5,342

6,343

6,290

7,263

1,962

1,817

2,627

2,247

878

865

1,173

1,520

849

509

439

412

475

918

371

302

591

515

364

892

4,147

743

787

1,216

1,857

1,583

1,879

2,217

3,378

261

191

158

245

169

165

136

174

186

207

237

304

286

236

1,157

4,000

4,100

3,000

5,800

5,200

6,300

5,200

7,300

5,200

5,300

5,200

5,100

5,000

5,100

5,000

100

300

100

200

600

700

400

> Long-term Assets

0
0
0
10,100
0
0
0
13,200
0
0
0
9,800
0
0
0
11,500
11,700
12,000
11,600
10,700
10,300
10,200
2,700
2,200
2,200
2,000
1,800
1,700
1,700
1,300
1,300
1,200
1,200
1,200
1,200
1,100
1,100
1,400
1,100
1,400
1,800
2,300
2,300
2,400
3,000
4,000
4,100
3,900
4,600
4,300
6,700
8,700
7,600
7,600
8,100
2,400
10,200
9,800
9,712
9,933
9,646
8,893
8,531
11,258
10,117
9,474
8,991
15,298
14,052
43,702
41,623
49,557
47,895
42,719
42,416
41,621
40,833
48,086
47,556
46,090
45,475
76,878
84,045
87,066
98,386
103,244
261,892
260,966
268,925
332,788
340,376
334,873
335,151
511,905
502,370
491,216
459,827
449,919
1,493,734
1,490,065
1,496,446
1,735,237
1,727,731
1,733,429
1,707,957
1,828,251
1,857,443
1,931,158
2,031,512
2,105,997
2,144,875
2,160,844
2,187,093
2,160,186
2,170,394
2,155,567
2,135,485
2,110,720
2,150,402
2,120,168
3,076,384
3,060,408
2,924,062
2,901,784
2,956,605
3,024,047
2,994,608
2,950,458
2,910,116
2,863,921
2,601,602
2,556,209
2,513,436
2,471,371
2,434,030
2,389,472
2,383,701
2,418,194
2,399,287
2,404,137
2,327,362
2,313,243
2,307,204
2,354,470
2,573,594
2,541,036
2,531,207
2,512,706
3,195,010
3,348,689
3,301,868
3,274,460
3,233,397
3,193,631

3,193,631

3,233,397

3,274,460

3,301,868

3,348,689

3,195,010

2,512,706

2,531,207

2,541,036

2,573,594

2,354,470

2,307,204

2,313,243

2,327,362

2,404,137

2,399,287

2,418,194

2,383,701

2,389,472

2,434,030

2,471,371

2,513,436

2,556,209

2,601,602

2,863,921

2,910,116

2,950,458

2,994,608

3,024,047

2,956,605

2,901,784

2,924,062

3,060,408

3,076,384

2,120,168

2,150,402

2,110,720

2,135,485

2,155,567

2,170,394

2,160,186

2,187,093

2,160,844

2,144,875

2,105,997

2,031,512

1,931,158

1,857,443

1,828,251

1,707,957

1,733,429

1,727,731

1,735,237

1,496,446

1,490,065

1,493,734

449,919

459,827

491,216

502,370

511,905

335,151

334,873

340,376

332,788

268,925

260,966

261,892

103,244

98,386

87,066

84,045

76,878

45,475

46,090

47,556

48,086

40,833

41,621

42,416

42,719

47,895

49,557

41,623

43,702

14,052

15,298

8,991

9,474

10,117

11,258

8,531

8,893

9,646

9,933

9,712

9,800

10,200

2,400

8,100

7,600

8,700

6,700

4,300

4,600

3,900

4,100

4,000

3,000

2,400

2,300

1,800

1,400

1,100

1,400

1,100

1,200

1,300

1,700

1,800

2,000

2,200

2,700

10,200

10,300

10,700

11,600

12,000

11,700

11,500

9,800

13,200

10,100

Property Plant Equipment

0
0
0
9,700
0
0
0
13,100
0
0
0
9,600
0
0
0
10,900
11,100
11,400
10,900
10,200
9,700
9,800
2,300
1,800
1,800
1,600
1,300
1,300
1,300
1,300
1,200
1,200
1,200
1,200
1,200
300
300
600
300
600
1,000
1,600
1,600
1,700
2,200
3,300
3,400
3,900
4,000
4,200
6,700
6,600
6,600
6,600
7,000
2,300
10,200
9,800
9,676
9,338
9,147
8,364
8,040
9,772
9,185
8,665
8,106
7,518
6,887
36,940
36,167
43,632
42,662
41,898
41,156
40,326
39,494
46,159
45,497
44,817
43,950
68,166
81,000
84,590
95,179
99,702
217,252
215,839
213,872
298,045
306,277
300,670
296,762
475,724
477,334
455,966
445,298
435,311
1,477,954
1,467,983
1,474,594
1,715,477
1,715,820
1,690,439
1,671,943
1,798,993
1,824,565
1,890,988
1,989,692
2,063,604
2,104,043
2,120,268
2,145,929
2,123,347
2,133,375
2,109,067
2,091,323
2,067,152
2,109,702
2,083,608
3,012,952
2,996,421
2,863,440
2,848,087
2,898,094
2,961,328
2,932,087
2,892,256
2,852,598
2,810,616
2,532,603
2,501,117
2,458,615
2,419,908
2,381,592
2,339,316
2,305,018
2,333,091
2,317,413
2,318,913
2,242,314
2,231,980
2,224,435
2,262,158
2,476,630
2,443,752
2,433,689
2,389,864
3,084,380
3,237,402
3,191,385
3,155,561
3,115,580
3,079,513

3,079,513

3,115,580

3,155,561

3,191,385

3,237,402

3,084,380

2,389,864

2,433,689

2,443,752

2,476,630

2,262,158

2,224,435

2,231,980

2,242,314

2,318,913

2,317,413

2,333,091

2,305,018

2,339,316

2,381,592

2,419,908

2,458,615

2,501,117

2,532,603

2,810,616

2,852,598

2,892,256

2,932,087

2,961,328

2,898,094

2,848,087

2,863,440

2,996,421

3,012,952

2,083,608

2,109,702

2,067,152

2,091,323

2,109,067

2,133,375

2,123,347

2,145,929

2,120,268

2,104,043

2,063,604

1,989,692

1,890,988

1,824,565

1,798,993

1,671,943

1,690,439

1,715,820

1,715,477

1,474,594

1,467,983

1,477,954

435,311

445,298

455,966

477,334

475,724

296,762

300,670

306,277

298,045

213,872

215,839

217,252

99,702

95,179

84,590

81,000

68,166

43,950

44,817

45,497

46,159

39,494

40,326

41,156

41,898

42,662

43,632

36,167

36,940

6,887

7,518

8,106

8,665

9,185

9,772

8,040

8,364

9,147

9,338

9,676

9,800

10,200

2,300

7,000

6,600

6,700

4,200

4,000

3,900

3,400

3,300

2,200

1,700

1,600

1,000

600

300

600

300

1,200

1,300

1,600

1,800

2,300

9,800

9,700

10,200

10,900

11,400

11,100

10,900

9,600

13,100

9,700

Long Term Investments

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
28,876
23,528
16,570
20,474
15,015
20,044
18,489
14,154
9,695
10,826
7,408
7,280
9,608
8,268
7,788
5,619
6,273
5,824
8,411
0
2,848,087
0
0
0
2,895,956
0
2,814,066
2,535,877
2,539,427
2,476,386
2,437,589
2,401,057
2,371,300
2,335,788
2,363,733
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

2,363,733

2,335,788

2,371,300

2,401,057

2,437,589

2,476,386

2,539,427

2,535,877

2,814,066

2,895,956

2,848,087

8,411

5,824

6,273

5,619

7,788

8,268

9,608

7,280

7,408

10,826

9,695

14,154

18,489

20,044

15,015

20,474

16,570

23,528

28,876

Intangible Assets

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5,800
5,800
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

5,800

Other Assets

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
35
595
499
528
491
1,486
932
809
885
7,780
7,166
6,762
5,455
5,925
5,233
821
1,260
1,295
1,339
1,928
2,060
1,274
1,525
8,712
3,045
2,894
3,207
3,542
44,641
45,127
55,052
34,743
34,099
34,203
38,389
36,181
36,088
35,250
14,529
14,608
26,250
22,082
21,852
19,760
11,911
42,990
36,014
29,258
32,878
36,849
41,820
42,393
40,832
40,576
41,164
36,839
37,019
46,500
44,162
43,568
40,700
51,074
63,432
63,987
60,622
53,696
58,511
62,719
62,521
58,202
57,518
53,305
65,725
16,782
37,050
33,782
52,438
18,172
47,913
49,409
53,537
56,274
69,914
2,313,243
82,769
80,121
96,964
97,284
95,218
122,842
109,930
106,142
109,311
118,352
0
0

118,352

109,311

106,142

109,930

122,842

95,218

97,284

96,964

80,121

82,769

2,313,243

69,914

56,274

53,537

49,409

47,913

18,172

52,438

33,782

37,050

16,782

65,725

53,305

57,518

58,202

62,521

62,719

58,511

53,696

60,622

63,987

63,432

51,074

40,700

43,568

44,162

46,500

37,019

36,839

41,164

40,576

40,832

42,393

41,820

36,849

32,878

29,258

36,014

42,990

11,911

19,760

21,852

22,082

26,250

14,608

14,529

35,250

36,088

36,181

38,389

34,203

34,099

34,743

55,052

45,127

44,641

3,542

3,207

2,894

3,045

8,712

1,525

1,274

2,060

1,928

1,339

1,295

1,260

821

5,233

5,925

5,455

6,762

7,166

7,780

885

809

932

1,486

491

528

499

595

> Total Liabilities

0
0
0
1,400
0
0
0
1,300
0
0
0
1,200
0
0
0
1,500
3,000
1,000
900
1,100
800
800
1,000
1,000
1,000
1,100
900
1,000
1,000
600
500
400
400
500
500
400
700
600
400
300
800
500
300
700
900
1,000
500
1,300
1,200
1,100
700
900
1,100
900
900
900
3,000
3,300
2,012
1,997
661
826
573
1,700
1,070
1,247
1,067
2,422
1,520
4,008
2,155
11,366
10,113
10,490
10,482
10,623
11,428
11,816
11,329
10,581
12,912
12,867
11,582
10,105
13,318
12,415
87,911
26,447
30,374
50,220
50,213
51,222
58,269
62,922
53,981
49,513
28,649
29,859
434,482
427,785
421,309
408,583
442,575
415,007
388,793
478,916
303,280
512,937
517,305
514,299
516,001
534,705
527,557
520,445
522,009
518,987
514,523
504,554
497,011
501,264
868,873
861,050
817,884
783,844
850,047
849,979
812,281
773,801
735,709
729,583
623,042
540,747
533,600
528,136
539,024
373,698
325,583
307,422
279,329
464,168
433,966
359,055
313,401
148,190
251,164
155,821
143,738
156,388
656,854
781,053
696,100
603,816
535,381
460,416

460,416

535,381

603,816

696,100

781,053

656,854

156,388

143,738

155,821

251,164

148,190

313,401

359,055

433,966

464,168

279,329

307,422

325,583

373,698

539,024

528,136

533,600

540,747

623,042

729,583

735,709

773,801

812,281

849,979

850,047

783,844

817,884

861,050

868,873

501,264

497,011

504,554

514,523

518,987

522,009

520,445

527,557

534,705

516,001

514,299

517,305

512,937

303,280

478,916

388,793

415,007

442,575

408,583

421,309

427,785

434,482

29,859

28,649

49,513

53,981

62,922

58,269

51,222

50,213

50,220

30,374

26,447

87,911

12,415

13,318

10,105

11,582

12,867

12,912

10,581

11,329

11,816

11,428

10,623

10,482

10,490

10,113

11,366

2,155

4,008

1,520

2,422

1,067

1,247

1,070

1,700

573

826

661

1,997

2,012

3,300

3,000

900

1,100

900

700

1,100

1,200

1,300

500

1,000

900

700

300

500

800

300

400

600

700

400

500

400

500

600

1,000

900

1,100

1,000

800

1,100

900

1,000

3,000

1,500

1,200

1,300

1,400

> Total Current Liabilities

0
0
0
1,000
0
0
0
1,000
0
0
0
800
0
0
0
1,100
2,700
500
500
700
300
400
600
600
600
600
400
500
500
500
300
200
200
300
400
200
600
500
300
200
600
400
200
500
800
900
500
1,100
1,100
1,000
600
800
1,100
800
800
900
2,900
3,300
1,950
1,872
536
700
446
1,573
944
1,123
945
2,302
1,401
3,891
2,041
2,506
1,480
2,704
2,805
2,441
3,462
3,959
3,679
2,898
5,551
5,650
4,214
3,324
6,166
5,691
5,701
4,689
9,128
8,368
8,958
8,934
13,054
19,551
10,575
6,189
5,365
7,804
36,745
35,774
37,202
37,954
33,938
28,861
36,010
30,201
31,185
15,209
19,327
18,553
21,643
35,085
28,047
24,210
25,544
22,504
20,785
19,466
25,706
24,973
27,120
20,518
24,202
25,857
25,585
22,338
24,777
34,283
39,695
41,575
43,497
51,383
37,371
37,176
49,264
33,610
32,373
44,130
49,830
43,555
56,139
57,154
62,691
52,083
60,264
61,428
49,543
64,013
64,476
63,587
54,998
63,068
70,847
72,422

72,422

70,847

63,068

54,998

63,587

64,476

64,013

49,543

61,428

60,264

52,083

62,691

57,154

56,139

43,555

49,830

44,130

32,373

33,610

49,264

37,176

37,371

51,383

43,497

41,575

39,695

34,283

24,777

22,338

25,585

25,857

24,202

20,518

27,120

24,973

25,706

19,466

20,785

22,504

25,544

24,210

28,047

35,085

21,643

18,553

19,327

15,209

31,185

30,201

36,010

28,861

33,938

37,954

37,202

35,774

36,745

7,804

5,365

6,189

10,575

19,551

13,054

8,934

8,958

8,368

9,128

4,689

5,701

5,691

6,166

3,324

4,214

5,650

5,551

2,898

3,679

3,959

3,462

2,441

2,805

2,704

1,480

2,506

2,041

3,891

1,401

2,302

945

1,123

944

1,573

446

700

536

1,872

1,950

3,300

2,900

900

800

1,100

800

600

1,000

1,100

500

900

800

500

200

400

600

200

300

500

600

200

400

300

200

300

500

400

600

400

300

700

500

2,700

1,100

800

1,000

Short-term Debt

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
100
100
100
100
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,000
2,000
1,000
0
0
0
0
0
0
0
0
0
0
648
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
26,000
26,000
26,000
26,000
15,600
15,600
15,600
15,600
15,600
0
0
0
0
0
0
0
0
311,860
0
0
0
313,869
0
0
0
600,685
0
0
0
586,170
539,772
493,486
422,273
351,027
0
0
0
0
0
0
0
0
0
195,983
146,270
0
95,403
0
0
0
0
0
0
0
0
972

972

95,403

146,270

195,983

351,027

422,273

493,486

539,772

586,170

600,685

313,869

311,860

15,600

26,000

648

1,000

2,000

100

Short Long Term Debt

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
311,860
0
0
0
313,869
0
0
0
600,685
0
0
0
586,170
539,772
493,486
422,273
351,027
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

351,027

422,273

493,486

539,772

586,170

600,685

313,869

311,860

Accounts payable

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
700
400
400
400
200
300
300
100
100
100
100
100
100
100
0
100
100
100
200
100
400
200
100
100
600
400
200
500
700
600
400
1,000
900
700
500
600
800
500
700
600
500
600
683
714
251
352
330
486
676
727
820
698
1,026
1,628
1,713
1,127
991
1,330
1,611
1,233
1,430
1,968
2,038
1,141
1,916
3,376
2,418
1,076
1,557
2,791
3,707
2,342
3,396
4,109
4,738
4,753
7,484
6,378
5,702
2,403
1,194
3,575
4,025
2,367
2,233
2,624
2,900
2,499
2,224
2,740
2,180
2,615
3,087
2,255
2,446
2,838
2,254
2,269
2,949
3,897
2,311
2,742
2,205
4,911
8,383
2,781
3,413
4,114
6,129
2,282
2,474
3,908
2,924
2,251
3,008
9,090
5,055
2,291
5,005
2,890
3,496
3,170
1,501
2,484
2,901
2,587
4,380
6,398
5,471
6,475
6,267
7,067
7,332
6,686
7,852
8,552
8,626
11,441

11,441

8,626

8,552

7,852

6,686

7,332

7,067

6,267

6,475

5,471

6,398

4,380

2,587

2,901

2,484

1,501

3,170

3,496

2,890

5,005

2,291

5,055

9,090

3,008

2,251

2,924

3,908

2,474

2,282

6,129

4,114

3,413

2,781

8,383

4,911

2,205

2,742

2,311

3,897

2,949

2,269

2,254

2,838

2,446

2,255

3,087

2,615

2,180

2,740

2,224

2,499

2,900

2,624

2,233

2,367

4,025

3,575

1,194

2,403

5,702

6,378

7,484

4,753

4,738

4,109

3,396

2,342

3,707

2,791

1,557

1,076

2,418

3,376

1,916

1,141

2,038

1,968

1,430

1,233

1,611

1,330

991

1,127

1,713

1,628

1,026

698

820

727

676

486

330

352

251

714

683

600

500

600

700

500

800

600

500

700

900

1,000

400

600

700

500

200

400

600

100

200

400

100

200

100

300

200

400

700

Other Current Liabilities

0
0
0
1,000
0
0
0
1,000
0
0
0
800
0
0
0
1,100
2,000
100
100
300
100
100
300
500
500
500
300
400
400
400
300
100
100
200
200
0
100
200
-200
100
0
0
0
0
100
300
100
100
200
300
100
200
300
300
100
300
400
700
267
1,159
285
349
116
1,088
268
396
124
1,604
375
1,615
328
1,379
490
1,374
1,194
1,209
2,032
1,992
1,641
1,758
3,634
2,274
1,796
2,248
4,609
2,900
1,993
2,346
5,732
4,259
4,220
4,181
5,570
13,173
4,873
3,786
4,171
4,229
6,720
7,407
8,969
9,330
15,438
10,762
18,186
11,861
13,405
12,594
16,240
16,298
19,197
32,247
25,793
21,941
22,595
18,607
18,474
16,724
23,501
20,062
18,737
17,737
20,789
21,743
19,456
20,056
22,303
30,375
36,771
39,324
40,489
42,293
32,316
34,885
44,259
30,720
28,877
40,960
48,329
41,071
53,238
54,567
58,311
45,685
54,793
54,953
43,276
56,946
57,144
56,901
47,146
54,516
62,221
60,009

60,009

62,221

54,516

47,146

56,901

57,144

56,946

43,276

54,953

54,793

45,685

58,311

54,567

53,238

41,071

48,329

40,960

28,877

30,720

44,259

34,885

32,316

42,293

40,489

39,324

36,771

30,375

22,303

20,056

19,456

21,743

20,789

17,737

18,737

20,062

23,501

16,724

18,474

18,607

22,595

21,941

25,793

32,247

19,197

16,298

16,240

12,594

13,405

11,861

18,186

10,762

15,438

9,330

8,969

7,407

6,720

4,229

4,171

3,786

4,873

13,173

5,570

4,181

4,220

4,259

5,732

2,346

1,993

2,900

4,609

2,248

1,796

2,274

3,634

1,758

1,641

1,992

2,032

1,209

1,194

1,374

490

1,379

328

1,615

375

1,604

124

396

268

1,088

116

349

285

1,159

267

700

400

300

100

300

200

100

300

200

100

300

100

-200

200

100

200

100

300

400

300

500

300

100

300

100

2,000

1,100

800

1,000

> Long-term Liabilities

0
0
0
400
0
0
0
300
0
0
0
400
0
0
0
400
300
500
400
400
500
400
400
400
400
500
500
500
500
100
200
200
200
200
100
400
100
100
400
100
200
100
100
200
100
100
400
200
100
100
100
100
800
100
100
600
100
2,600
61
125
125
126
126
127
125
124
122
121
119
117
115
8,860
8,633
7,786
7,677
8,182
7,967
7,856
7,650
7,683
7,361
7,218
7,367
6,782
7,152
6,724
82,210
21,759
21,246
41,851
41,255
42,288
45,215
43,371
43,406
43,324
23,284
22,055
397,737
392,011
384,107
370,629
408,637
386,146
352,783
448,715
272,095
497,728
497,978
495,746
494,358
499,620
499,510
496,235
496,465
496,483
493,738
485,088
471,305
476,291
841,753
840,532
793,682
757,987
824,462
827,641
787,504
739,518
696,014
688,008
579,545
489,364
496,229
490,960
489,760
340,088
293,210
263,292
229,499
420,613
377,827
301,901
250,710
96,107
190,900
94,393
94,195
92,375
592,378
717,466
641,102
540,748
464,534
387,994

387,994

464,534

540,748

641,102

717,466

592,378

92,375

94,195

94,393

190,900

96,107

250,710

301,901

377,827

420,613

229,499

263,292

293,210

340,088

489,760

490,960

496,229

489,364

579,545

688,008

696,014

739,518

787,504

827,641

824,462

757,987

793,682

840,532

841,753

476,291

471,305

485,088

493,738

496,483

496,465

496,235

499,510

499,620

494,358

495,746

497,978

497,728

272,095

448,715

352,783

386,146

408,637

370,629

384,107

392,011

397,737

22,055

23,284

43,324

43,406

43,371

45,215

42,288

41,255

41,851

21,246

21,759

82,210

6,724

7,152

6,782

7,367

7,218

7,361

7,683

7,650

7,856

7,967

8,182

7,677

7,786

8,633

8,860

115

117

119

121

122

124

125

127

126

125

2,600

100

600

100

800

100

200

400

100

200

100

200

100

400

100

400

100

200

100

500

400

500

400

500

300

400

300

400

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
216,000
199,500
229,400
210,500
176,600
272,700
98,800
293,248
295,440
297,697
299,961
302,263
304,604
306,983
309,401
311,860
314,333
316,874
319,484
322,110
674,780
677,494
630,252
600,685
674,029
677,429
635,881
586,170
539,772
493,486
422,273
351,027
354,939
358,897
362,915
214,554
164,595
129,869
100,154
300,439
270,696
195,983
146,270
0
95,403
0
0
0
0
0
0
0
0
0

95,403

146,270

195,983

270,696

300,439

100,154

129,869

164,595

214,554

362,915

358,897

354,939

351,027

422,273

493,486

539,772

586,170

635,881

677,429

674,029

600,685

630,252

677,494

674,780

322,110

319,484

316,874

314,333

311,860

309,401

306,983

304,604

302,263

299,961

297,697

295,440

293,248

98,800

272,700

176,600

210,500

229,400

199,500

216,000

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
61
125
125
126
127
127
125
124
122
120
119
117
114
113
107
100
94
103
96
90
83
97
90
83
77
98
91
85
78
98
92
495
488
504
497
490
688
703
840
831
13,595
16,928
16,045
19,754
22,757
23,082
23,155
24,342
21,489
22,443
22,769
22,174
22,188
23,090
23,484
23,011
25,787
14,758
14,915
15,452
16,155
15,819
21,717
22,424
23,569
23,435
29,761
29,439
30,728
32,018
34,511
46,974
157,272
138,337
141,290
132,063
126,845
125,534
126,506
127,156
123,217
111,866
99,014
105,918
104,440
88,910
95,497
94,393
87,760
86,206
140,197
140,256
136,784
136,136
0
0

136,136

136,784

140,256

140,197

86,206

87,760

94,393

95,497

88,910

104,440

105,918

99,014

111,866

123,217

127,156

126,506

125,534

126,845

132,063

141,290

138,337

157,272

46,974

34,511

32,018

30,728

29,439

29,761

23,435

23,569

22,424

21,717

15,819

16,155

15,452

14,915

14,758

25,787

23,011

23,484

23,090

22,188

22,174

22,769

22,443

21,489

24,342

23,155

23,082

22,757

19,754

16,045

16,928

13,595

831

840

703

688

490

497

504

488

495

103

100

107

113

114

117

119

120

122

124

125

127

126

125

Deferred Long Term Liability

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
152,062
151,375
156,480
152,564
153,028
151,673
151,806
178,716
179,769
175,875
172,209
174,267
171,422
166,241
161,277
169,865
164,490
152,762
135,666
146,603
145,256
140,614
139,861
133,867
120,672
120,773
120,895
121,330
121,731
147,548
103,221
91,147
91,356
90,700
90,321
88,961
88,184
87,352
86,776
86,439
85,784
85,017
84,079
88,000
87,687
0
0
0
0
0
0
0
0
0

87,687

88,000

84,079

85,017

85,784

86,439

86,776

87,352

88,184

88,961

90,321

90,700

91,356

91,147

103,221

147,548

121,731

121,330

120,895

120,773

120,672

133,867

139,861

140,614

145,256

146,603

135,666

152,762

164,490

169,865

161,277

166,241

171,422

174,267

172,209

175,875

179,769

178,716

151,806

151,673

153,028

152,564

156,480

151,375

152,062

> Total Stockholder Equity

0
0
0
11,400
0
0
0
16,200
0
0
0
17,000
0
0
0
11,500
10,500
13,000
11,900
10,300
9,900
9,900
1,900
1,600
1,400
1,200
1,200
900
2,000
1,900
1,700
2,300
2,200
5,000
8,300
7,800
11,100
10,300
7,800
10,000
10,900
10,700
12,500
13,400
15,000
16,200
16,600
17,700
18,500
22,500
21,800
20,000
18,700
17,700
16,700
10,900
13,500
14,700
15,657
15,501
16,109
15,474
15,978
15,562
16,488
17,873
19,575
27,168
42,645
70,984
73,700
74,993
76,839
78,676
80,939
82,898
84,669
86,701
89,449
91,737
148,673
154,959
157,995
161,660
165,811
170,977
191,865
319,081
330,112
480,948
478,956
483,217
486,935
507,729
509,317
749,441
754,787
763,899
1,120,462
1,403,716
1,412,466
1,427,309
1,442,623
1,460,162
1,477,541
1,489,829
1,780,618
1,838,459
1,861,414
2,348,359
2,353,892
2,348,887
2,353,776
2,347,827
2,342,815
2,354,725
2,360,719
2,340,679
2,350,017
2,353,122
2,297,347
2,301,163
2,222,368
2,229,016
2,244,816
2,259,727
2,268,041
2,275,377
2,287,340
2,257,830
2,088,752
2,102,167
2,103,221
2,111,670
2,125,440
2,136,681
2,190,329
2,216,309
2,240,236
2,272,217
2,350,063
2,391,642
2,427,320
2,490,768
2,541,847
2,588,744
2,633,689
2,684,229
2,707,579
2,741,093
2,782,563
2,823,562
2,849,386
2,888,217

2,888,217

2,849,386

2,823,562

2,782,563

2,741,093

2,707,579

2,684,229

2,633,689

2,588,744

2,541,847

2,490,768

2,427,320

2,391,642

2,350,063

2,272,217

2,240,236

2,216,309

2,190,329

2,136,681

2,125,440

2,111,670

2,103,221

2,102,167

2,088,752

2,257,830

2,287,340

2,275,377

2,268,041

2,259,727

2,244,816

2,229,016

2,222,368

2,301,163

2,297,347

2,353,122

2,350,017

2,340,679

2,360,719

2,354,725

2,342,815

2,347,827

2,353,776

2,348,887

2,353,892

2,348,359

1,861,414

1,838,459

1,780,618

1,489,829

1,477,541

1,460,162

1,442,623

1,427,309

1,412,466

1,403,716

1,120,462

763,899

754,787

749,441

509,317

507,729

486,935

483,217

478,956

480,948

330,112

319,081

191,865

170,977

165,811

161,660

157,995

154,959

148,673

91,737

89,449

86,701

84,669

82,898

80,939

78,676

76,839

74,993

73,700

70,984

42,645

27,168

19,575

17,873

16,488

15,562

15,978

15,474

16,109

15,501

15,657

14,700

13,500

10,900

16,700

17,700

18,700

20,000

21,800

22,500

18,500

17,700

16,600

16,200

15,000

13,400

12,500

10,700

10,900

10,000

7,800

10,300

11,100

7,800

8,300

5,000

2,200

2,300

1,700

1,900

2,000

900

1,200

1,400

1,600

1,900

9,900

10,300

11,900

13,000

10,500

11,500

17,000

16,200

11,400

Common Stock

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
200
0
0
0
200
200
200
179
179
180
180
180
181
181
181
182
183
193
207
208
209
210
210
210
210
210
211
212
213
235
237
238
238
238
238
244
289
292
303
344
339
339
340
340
405
405
407
472
534
534
535
536
40,407
545
546
586
35,742
34,204
30,364
30,009
30,007
30,003
29,991
23,988
17,364
17,364
17,352
847
650
651
651
651
651
652
652
652
652
653
653
653
654
654
654
654
655
655
655
655
655
656
656
656
656
656
656
656
656
656
656
656
656
656
656

656

655

654

653

652

651

650

847

17,352

17,364

23,988

29,991

30,003

30,007

30,009

30,364

34,204

35,742

586

546

545

40,407

536

535

534

472

407

405

340

339

344

303

292

289

244

238

237

235

213

212

211

210

209

208

207

193

183

182

181

180

179

200

Retained Earnings Total Equity

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
58,713
70,935
84,411
100,004
116,385
131,451
148,500
160,123
175,925
190,131
183,586
181,279
183,453
180,446
186,915
189,871
194,859
173,972
184,644
185,121
125,717
125,821
43,153
48,584
63,349
75,732
83,710
88,050
100,972
69,842
-100,173
-89,898
-92,467
-86,238
-74,563
-65,747
-12,676
10,290
30,483
61,133
149,702
189,910
224,254
286,249
336,734
0
0
0
0
0
0
0
0
0

336,734

286,249

224,254

189,910

149,702

61,133

30,483

10,290

-12,676

-65,747

-74,563

-86,238

-92,467

-89,898

-100,173

69,842

100,972

88,050

83,710

75,732

63,349

48,584

43,153

125,821

125,717

185,121

184,644

173,972

194,859

189,871

186,915

180,446

183,453

181,279

183,586

190,131

175,925

160,123

148,500

131,451

116,385

100,004

84,411

70,935

58,713

Accumulated Other Comprehensive Income

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-700
-700
-800
-800
-900
-900
-1,000
-1,000
-1,000
-1,000
-900
-900
-1,000
-1,100
-1,300
-1,300
-1,400
-1,700
-2,100
-165
-400
-430
-854
-709
-553
-3,634
-4,756
114
185
106
162
45
65
-43
170
261
28
79
-391
-298
-810
-199
-60
516
498
576
387
304
458
272
285
176
65
-248
-7
-32
-80
-27
68
14
-34
-27
117
73
54
-5,250
-12,208
-8,303
-13,763
-8,716
-10,289
-113
-4,572
-3,441
-6,860
-6,987
-160
-1,500
-1,980
-4,149
-3,292
-3,741
-1,154
553
-607,370
-612,763
822
1,183
879
1,076
687
21
-1,201
-938,331
-977,090
-1,016,406
-1,058,682
-1,097,342
-1,137,305
-1,188,419
-1,235,037
-1,279,494
-1,327,290
0
0
0
0
0
0
0
0
0
0
0
0

-1,327,290

-1,279,494

-1,235,037

-1,188,419

-1,137,305

-1,097,342

-1,058,682

-1,016,406

-977,090

-938,331

-1,201

687

1,076

879

1,183

822

-612,763

-607,370

553

-1,154

-3,741

-3,292

-4,149

-1,980

-1,500

-160

-6,987

-6,860

-3,441

-4,572

-113

-10,289

-8,716

-13,763

-8,303

-12,208

-5,250

117

-27

-34

-27

-80

-32

-7

-248

176

285

272

458

304

387

576

498

516

-60

-199

-810

-298

-391

261

170

-43

162

106

185

114

-4,756

-3,634

-553

-709

-854

-430

-400

-165

-2,100

-1,700

-1,400

-1,300

-1,100

-1,000

-900

-1,000

-900

-800

-700

Capital Surplus

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,282,596
1,285,296
1,289,942
1,319,697
1,330,012
1,334,192
1,604,019
1,656,357
1,660,001
2,138,153
2,140,410
2,142,173
2,143,761
2,144,250
2,138,899
2,147,650
2,149,996
2,151,335
2,168,675
2,170,643
2,174,720
2,175,845
2,178,011
2,179,781
2,180,815
2,182,521
2,182,496
2,185,796
2,184,639
2,186,648
2,188,251
2,192,612
2,195,034
2,197,254
2,199,349
2,201,773
2,202,350
2,205,364
2,209,098
2,210,429
2,199,705
2,201,076
2,202,410
2,203,863
2,204,457
0
0
0
0
0
0
0
0
0

2,204,457

2,203,863

2,202,410

2,201,076

2,199,705

2,210,429

2,209,098

2,205,364

2,202,350

2,201,773

2,199,349

2,197,254

2,195,034

2,192,612

2,188,251

2,186,648

2,184,639

2,185,796

2,182,496

2,182,521

2,180,815

2,179,781

2,178,011

2,175,845

2,174,720

2,170,643

2,168,675

2,151,335

2,149,996

2,147,650

2,138,899

2,144,250

2,143,761

2,142,173

2,140,410

2,138,153

1,660,001

1,656,357

1,604,019

1,334,192

1,330,012

1,319,697

1,289,942

1,285,296

1,282,596

Treasury Stock

-4,474

-3,557

-6,613

-1,097

-1,099

-1,044

Other Stockholders Equity

0
0
0
20,000
0
0
0
30,600
0
0
0
31,800
0
0
0
30,800
30,800
30,800
30,900
31,100
31,100
31,300
31,300
31,300
31,300
31,300
31,300
31,200
32,400
32,500
32,500
33,300
33,300
36,400
40,200
40,200
44,100
44,100
40,200
44,400
45,500
45,600
47,300
47,300
47,300
47,400
47,500
47,500
47,800
53,500
53,400
53,100
53,300
53,100
53,200
52,800
54,600
54,800
54,797
54,803
54,811
54,757
54,757
54,771
54,771
54,771
54,771
56,292
70,413
98,473
98,832
99,515
100,125
100,252
100,252
100,923
100,923
101,849
102,827
103,067
157,475
162,009
163,947
165,363
165,776
167,037
186,143
309,342
316,681
699,080
462,369
463,335
463,971
465,862
466,100
702,407
703,837
706,921
1,073,650
1,351,354
1,353,246
1,355,722
1,357,603
1,319,697
1,365,861
1,370,040
1,639,835
1,656,357
1,660,001
2,138,153
2,140,410
2,142,173
2,143,761
2,144,250
2,138,899
2,147,650
2,149,996
2,151,335
2,168,675
2,170,643
2,174,720
2,175,845
2,178,011
2,179,781
2,180,815
2,182,521
2,182,496
2,185,796
2,184,639
2,186,648
2,188,251
2,192,612
2,195,034
2,197,254
2,199,349
2,201,773
2,202,350
2,205,364
2,209,098
2,210,429
2,199,705
2,201,076
2,202,410
2,203,863
2,204,457
2,206,159
2,208,425
2,210,809
2,211,353
2,213,123
2,215,362
2,217,559
2,218,695
2,221,039

2,221,039

2,218,695

2,217,559

2,215,362

2,213,123

2,211,353

2,210,809

2,208,425

2,206,159

2,204,457

2,203,863

2,202,410

2,201,076

2,199,705

2,210,429

2,209,098

2,205,364

2,202,350

2,201,773

2,199,349

2,197,254

2,195,034

2,192,612

2,188,251

2,186,648

2,184,639

2,185,796

2,182,496

2,182,521

2,180,815

2,179,781

2,178,011

2,175,845

2,174,720

2,170,643

2,168,675

2,151,335

2,149,996

2,147,650

2,138,899

2,144,250

2,143,761

2,142,173

2,140,410

2,138,153

1,660,001

1,656,357

1,639,835

1,370,040

1,365,861

1,319,697

1,357,603

1,355,722

1,353,246

1,351,354

1,073,650

706,921

703,837

702,407

466,100

465,862

463,971

463,335

462,369

699,080

316,681

309,342

186,143

167,037

165,776

165,363

163,947

162,009

157,475

103,067

102,827

101,849

100,923

100,252

100,125

99,515

98,832

98,473

70,413

56,292

54,771

54,757

54,811

54,803

54,797

54,800

54,600

52,800

53,200

53,100

53,300

53,100

53,400

53,500

47,800

47,500

47,400

47,300

45,600

45,500

44,400

40,200

44,100

40,200

36,400

33,300

32,500

32,400

31,200

31,300

31,100

30,900

30,800

31,800

30,600

20,000

Balance Sheet

Currency in USD. All numbers in thousands.

	2023-06-30	2022-06-30	2021-06-30	2020-06-30	2019-06-30	2018-06-30	2017-06-30	2016-06-30	2015-06-30	2014-06-30	2013-06-30	2012-06-30	2011-06-30	2010-06-30	2009-06-30	2008-06-30	2007-06-30	2006-06-30	2005-06-30	2004-06-30	2003-06-30	2002-06-30	2001-06-30	2000-06-30	1999-06-30	1998-06-30	1997-06-30	1996-06-30	1995-06-30	1994-06-30	1993-06-30	1992-06-30	1991-06-30	1990-06-30	1989-06-30	1988-06-30	1987-06-30	1986-06-30
Accounts Payable	6,686	6,686	6,398	2,484	2,890	9,090	3,908	4,114	4,911	3,897	2,838	2,615	2,499	2,367	2,403	4,753	2,342	1,076	1,141	1,233	1,127	698	486	714	600	600	1,000	500	100	100	100	100	100	400	-	-	-	-
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	-	-	-	-
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	-	-	-	-
Accumulated Other Comprehensive Income	0	0	0	-1,235,037	-1,058,682	-1,201	879	-607,370	-3,292	-160	-4,572	-13,763	54	-34	-80	65	458	498	-810	28	65	185	-553	-400	-1,400	-1,000	-1,000	-900	-700	0	0	0	0	0	-	-	-	-
Additional Paid In Capital	0	0	0	0	0	2,192,612	2,185,796	2,179,781	0	0	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	-	-	-	-
Capital Stock	656	0	656	655	655	0	0	0	0	0	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	2,203,863	2,210,429	2,201,773	2,192,612	2,185,796	2,179,781	2,170,643	0	2,142,173	1,656,357	1,319,697	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Cash	118,586	118,586	225,916	319,128	119,475	88,750	85,847	116,633	742,849	659,536	664,035	375,456	114,155	324,846	294,566	192,035	82,842	78,449	48,840	44,801	33,486	11,104	4,578	4,647	4,700	8,500	3,300	3,300	1,900	1,900	1,400	200	200	400	300	6,900	3,600	1,700
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	-	-	-	-
Cash And Short Term Investments	118,586	118,586	225,916	319,128	119,475	88,750	85,847	116,633	749,122	659,536	664,035	375,456	114,155	324,846	294,566	192,035	82,842	78,449	48,840	44,801	33,486	11,104	4,578	5,567	8,700	8,500	3,300	3,300	1,900	1,900	1,400	200	200	400	300	6,900	3,600	1,700
Common Stock	656	656	656	655	655	654	652	651	650	17,364	30,007	35,742	40,407	534	405	339	289	238	213	210	209	183	181	179	200	200	0	0	0	0	0	0	0	0	-	-	-	-
Common Stock Shares Outstanding	65,662	0	65,628	65,643	65,506	65,292	65,278	65,074	65,125	65,026	63,430	57,464	55,323	43,981	35,789	31,390	25,075	23,134	21,071	21,123	20,462	18,170	17,768	17,710	17,160	16,617	15,789	15,000	13,636	13,636	10,000	8,571	8,900	8,824	8,654	8,000	6,667	6,148
Common Stock Total Equity	0	0	656	655	655	654	652	651	650	17,364	30,007	35,742	543	534	405	339	289	238	213	210	209	183	181	179	200	0	0	0	0	0	0	0	0	0	-	-	-	-
Current Deferred Revenue	0	0	0	0	0	0	0	0	0	0	0	0	6,769	4,970	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Deferred Long Term Asset Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Deferred Long Term Liab	0	4,408	88,000	86,439	88,961	91,147	121,330	133,867	146,603	0	174,267	178,716	152,564	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	-	-	-	-
Good Will	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Inventory	12,656	12,656	17,684	11,671	11,380	9,311	7,883	9,489	2,287	0	0	0	0	0	0	11,170	10,611,562	0	0	0	0	0	0	0	100	100	2,900	1,200	200	0	0	0	0	0	700	800	-	-
Liabilities And Stockholders Equity	3,534,522	3,364,433	2,651,605	2,766,287	2,544,151	2,682,016	3,094,065	3,069,729	2,917,191	2,891,544	2,905,341	2,376,366	1,902,702	1,861,333	809,924	545,850	356,649	171,765	102,319	93,522	86,359	29,590	17,262	17,498	11,800	20,900	19,000	14,100	8,200	8,200	2,700	1,900	2,600	11,400	13,000	18,200	17,500	12,800
Long Term Debt	571,572	0	0	300,439	214,554	351,027	586,170	600,685	322,110	311,860	302,263	293,248	210,500	222,500	19,250	15,750	15,750	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Long Term Debt Total	0	0	0	300,439	214,554	351,027	586,170	600,685	322,110	0	302,263	293,248	210,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Long Term Investments	0	0	0	0	2,371,300	2,520,317	2,895,956	2,848,087	6,273	0	9,695	15,015	28,876	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	-	-	-	-
Net Debt	452,986	327,741	-225,916	-18,689	95,079	262,277	500,323	484,052	-428,980	-347,676	-361,772	-82,208	111,945	-76,346	-275,316	-176,285	-67,092	-78,449	-48,840	-44,801	-33,486	-11,104	-4,578	-4,647	-4,700	-8,500	-3,300	-3,300	-1,800	-1,800	-1,300	-200	-200	-400	-300	-6,900	-3,600	-1,400
Net Invested Capital	3,312,665	0	2,490,768	2,572,656	2,351,235	2,453,194	2,861,547	0	0	0	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	52,471	49,405	51,762	30,124	23,435	26,396	49,055	41,209	44,103	68,601	65,543	64,992	48,828	43,795	22,969	18,503	12,470	5,962	6,601	5,221	3,125	3,022	1,219	1,761	600	600	2,600	1,900	200	200	0	0	200	0	300	100	-	600
Net Tangible Assets	2,741,093	2,588,744	2,490,768	2,272,217	2,136,681	2,102,167	2,275,377	2,229,016	2,353,122	2,354,725	2,348,887	1,838,459	1,460,162	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Net Working Capital	122,246	122,246	245,052	318,595	121,069	74,424	109,324	142,088	772,050	713,473	709,412	429,999	140,412	335,494	312,519	202,043	90,995	81,375	53,330	49,460	34,296	11,990	4,431	5,692	8,500	11,400	14,000	11,200	6,900	6,900	1,300	-300	-200	0	-	-	-	-
Non Current Assets Total	3,348,689	3,242,547	2,354,470	2,404,137	2,389,472	2,556,209	2,950,458	2,901,784	2,120,168	2,155,567	2,160,844	1,931,158	1,733,429	1,490,065	491,216	334,873	260,966	87,066	46,090	41,621	49,557	15,298	11,258	9,933	2,400	8,700	3,900	2,400	1,100	1,100	1,200	1,700	2,200	10,700	11,500	9,800	13,200	10,100
Non Current Liabilities Other	7,738	0	8,107	33,735	36,573	47,190	32,018	23,435	15,819	0	23,090	22,443	23,082	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	717,466	571,572	96,107	420,613	340,088	489,364	739,518	757,987	476,291	496,483	499,620	497,728	386,146	392,011	43,324	42,288	21,759	6,782	7,683	8,182	8,860	121	127	125	600	100	200	200	400	400	200	500	400	400	400	400	300	400
Non Currrent Assets Other	111,287	-3,242,547	92,312	85,224	50,156	55,092	58,202	53,697	30,287	36,892	30,881	25,155	14,114	22,082	35,250	34,203	45,127	1,981	1,113	988	470	931	1,486	595	100	2,100	0	700	800	800	0	400	400	500	600	200	100	400
Noncontrolling Interest In Consolidated Entity	0	0	12,647	29,902	33,772	39,102	44,887	56,869	62,805	0	21,749	24,970	27,533	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Other Assets	106,142	106,142	80,121	56,274	34,156	35,892	54,502	53,697	36,560	36,892	30,881	21,834	14,114	22,082	35,250	34,203	28,638	906	719	875	5,467	7,196	469	595	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Other Current Assets	2,120	5,186	1,773	1,227	389	1,350	822	614	1,511	7,840	14,919	4,760	6,290	2,627	1,173	439	371	364	787	1,879	191	165	207	236	0	3,000	6,300	5,300	5,000	5,000	100	0	0	300	200	600	700	400
Other Current Liab	56,901	56,901	45,685	41,071	30,720	42,293	30,375	21,743	20,062	18,607	32,247	12,594	10,762	7,407	3,786	4,181	2,346	2,248	1,758	1,209	1,379	1,604	1,088	1,159	300	200	100	0	-200	0	100	400	500	300	1,100	800	1,000	1,000
Other Liab	140,256	87,705	88,910	111,866	125,534	138,337	153,348	157,302	162,422	14,758	23,090	22,443	23,082	16,928	703	504	98	98	97	103	113	120	127	125	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Other Stockholder Equity	2,213,123	2,213,123	2,203,863	2,210,429	2,201,773	2,192,612	2,185,796	2,179,781	2,170,643	2,147,650	2,142,173	1,656,357	1,319,697	1,351,354	702,407	463,335	309,342	165,363	103,067	100,923	99,515	56,292	54,771	54,803	52,800	53,100	47,500	47,300	40,200	40,200	33,300	31,200	31,300	31,100	30,800	31,800	30,600	20,000
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	-	-	-	-
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	-	-	-	-
Property Plant And Equipment Gross	4,875,802	0	2,262,158	2,318,913	2,339,316	2,501,117	2,892,256	2,848,087	2,083,608	2,109,067	2,120,268	1,890,988	1,690,439	1,467,983	455,966	300,670	215,839	84,590	44,817	40,326	43,632	7,518	9,772	9,338	2,300	6,600	3,900	1,700	600	0	0	0	0	0	-	-	-	-
Property Plant And Equipment Net	3,237,402	4,772	2,262,158	2,318,913	2,339,316	2,501,117	2,892,256	2,848,087	2,083,608	2,109,067	2,120,268	1,890,988	1,690,439	1,467,983	455,966	300,670	215,839	84,590	44,817	40,326	43,632	7,518	9,772	9,338	2,300	6,600	3,900	1,700	300	300	1,200	1,300	1,800	10,200	10,900	9,600	13,100	9,700
Property Plant Equipment	4,772	5,612	6,009	2,318,913	2,339,316	2,501,117	2,892,256	2,848,087	2,083,608	2,109,067	2,120,268	1,890,988	1,690,439	1,467,983	455,966	300,670	215,839	84,590	44,817	40,326	43,632	7,518	9,772	9,338	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Retained Earnings	527,314	527,314	286,249	61,133	-65,747	-89,898	88,050	48,584	185,121	189,871	181,279	160,123	100,004	51,862	46,709	19,478	8,992	-4,440	-10,732	-18,263	-24,796	-29,492	-38,837	-39,081	-42,100	-33,300	-29,800	-33,900	-32,400	-32,400	-31,000	-30,300	-29,700	-20,800	-19,300	-14,800	-14,400	-8,600
Retained Earnings Total Equity	0	0	286,249	61,133	-65,747	-89,898	88,050	48,584	185,121	0	181,279	160,123	100,004	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	351,027	586,170	600,685	313,869	311,860	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Short Long Term Debt Total	571,572	446,327	300,439	300,439	214,554	351,027	586,170	600,685	313,869	311,860	302,263	293,248	226,100	248,500	19,250	15,750	15,750	0	0	0	0	0	0	0	0	0	0	0	100	100	100	0	0	0	-	-	-	300
Short Term Debt	0	0	95,403	0	0	351,027	586,170	600,685	313,869	311,860	0	0	15,600	26,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	100	100	0	0	0	0	-	-	-	-
Short Term Investments	0	0	0	0	0	0	0	0	6,273	0	0	0	0	0	0	0	0	0	0	0	0	0	0	920	4,000	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	-	-	-	-
Total Assets	3,534,522	3,534,522	2,651,605	2,766,287	2,544,151	2,682,016	3,094,065	3,069,729	2,917,191	2,891,544	2,905,341	2,376,366	1,902,702	1,861,333	809,924	545,850	356,649	171,765	102,319	93,522	86,359	29,590	17,262	17,498	11,800	20,900	19,000	14,100	8,200	8,200	2,700	1,900	2,600	11,400	13,000	18,200	17,500	12,800
Total Current Assets	185,833	185,833	297,135	362,150	154,679	125,807	143,607	167,945	797,023	735,977	744,497	445,208	169,273	371,268	318,708	210,977	95,683	84,699	56,228	51,901	36,802	14,292	6,004	7,565	9,400	12,200	15,100	11,700	7,100	7,100	1,500	200	400	700	1,500	8,400	4,300	2,700
Total Current Liabilities	63,587	63,587	52,083	43,555	33,610	51,383	34,283	25,857	24,973	22,504	35,085	15,209	28,861	35,774	6,189	8,934	4,689	3,324	2,898	2,441	2,506	2,302	1,573	1,872	900	800	1,100	500	200	200	200	500	600	700	1,100	800	1,000	1,000
Total Liab	781,053	781,053	148,190	464,168	373,698	540,747	773,801	783,844	501,264	518,987	534,705	512,937	415,007	427,785	49,513	51,222	26,447	10,105	10,581	10,623	11,366	2,422	1,700	1,997	900	900	1,300	700	400	400	400	1,000	1,000	1,100	1,500	1,200	1,300	1,400
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	-	-	-	-
Total Stockholder Equity	2,741,093	2,741,093	2,490,768	2,272,217	2,136,681	2,102,167	2,275,377	2,229,016	2,353,122	2,354,725	2,348,887	1,838,459	1,460,162	1,403,716	749,441	483,217	319,081	161,660	91,737	82,898	74,993	27,168	15,562	15,501	10,900	20,000	17,700	13,400	7,800	7,800	2,300	900	1,600	10,300	11,500	17,000	16,200	11,400
Treasury Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	-4,474	0	0	-1,097	-1,097	-1,097	-1,097	-1,097	-1,097	-1,097	-1,044	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	-	-	-	-

	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31	1999-09-30	1999-06-30	1999-03-31	1998-12-31	1998-09-30	1998-06-30	1998-03-31	1997-12-31	1997-09-30	1997-06-30	1997-03-31	1996-12-31	1996-09-30	1996-06-30	1996-03-31	1995-12-31	1995-09-30	1995-06-30	1995-03-31	1994-12-31	1994-09-30	1994-06-30	1994-03-31	1993-12-31	1993-09-30	1993-06-30	1993-03-31	1992-12-31	1992-09-30	1992-06-30	1992-03-31	1991-12-31	1991-09-30	1991-06-30	1991-03-31	1990-12-31	1990-09-30	1990-06-30	1990-03-31	1989-12-31	1989-09-30	1989-06-30	1989-03-31	1988-12-31	1988-09-30	1988-06-30	1988-03-31	1987-12-31	1987-09-30	1987-06-30	1987-03-31	1986-12-31	1986-09-30	1986-06-30	1986-03-31	1985-12-31	1985-09-30
Accounts Payable	11,441	8,626	8,552	7,852	6,686	7,332	7,067	6,267	6,475	5,471	6,398	4,380	2,587	2,901	2,484	1,501	3,170	3,496	2,890	5,005	2,291	5,055	9,090	3,008	2,251	2,924	3,908	2,474	2,282	6,129	4,114	3,413	2,781	8,383	4,911	2,205	2,742	2,311	3,897	2,949	2,269	2,254	2,838	2,446	2,255	3,087	2,615	2,180	2,740	2,224	2,499	2,900	2,624	2,233	2,367	4,025	3,575	1,194	2,403	5,702	6,378	7,484	4,753	4,738	4,109	3,396	2,342	3,707	2,791	1,557	1,076	2,418	3,376	1,916	1,141	2,038	1,968	1,430	1,233	1,611	1,330	991	1,127	1,713	1,628	1,026	698	820	727	676	486	330	352	251	714	683	600	500	600	700	500	800	600	500	700	900	1,000	400	600	700	500	200	400	600	100	100	200	400	100	200	100	100	100	0	100	100	100	100	100	100	100	300	300	200	400	400	400	700	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accumulated Amortization	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accumulated Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accumulated Other Comprehensive Income	0	0	0	0	0	0	0	0	0	0	0	0	-1,327,290	-1,279,494	-1,235,037	-1,188,419	-1,137,305	-1,097,342	-1,058,682	-1,016,406	-977,090	-938,331	-1,201	21	687	1,076	879	1,183	822	-612,763	-607,370	553	-1,154	-3,741	-3,292	-4,149	-1,980	-1,500	-160	-6,987	-6,860	-3,441	-4,572	-113	-10,289	-8,716	-13,763	-8,303	-12,208	-5,250	54	73	117	-27	-34	14	68	-27	-80	-32	-7	-248	65	176	285	272	458	304	387	576	498	516	-60	-199	-810	-298	-391	79	28	261	170	-43	65	45	162	106	185	114	-4,756	-3,634	-553	-709	-854	-430	-400	-165	-2,100	-1,700	-1,400	-1,300	-1,300	-1,100	-1,000	-900	-900	-1,000	-1,000	-1,000	-1,000	-900	-900	-800	-800	-700	-700	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Additional Paid In Capital	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	2,192,612	0	0	0	2,185,796	0	0	0	2,179,781	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	656	656	656	656	656	656	656	656	656	656	656	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital Surpluse	0	0	0	0	0	0	0	0	0	2,204,457	2,203,863	2,202,410	2,201,076	2,199,705	2,210,429	2,209,098	2,205,364	2,202,350	2,201,773	2,199,349	2,197,254	2,195,034	2,192,612	2,188,251	2,186,648	2,184,639	2,185,796	2,182,496	2,182,521	2,180,815	2,179,781	2,178,011	2,175,845	2,174,720	2,170,643	2,168,675	2,151,335	2,149,996	2,147,650	2,138,899	2,144,250	2,143,761	2,142,173	2,140,410	2,138,153	1,660,001	1,656,357	1,604,019	1,334,192	1,330,012	1,319,697	1,289,942	1,285,296	1,282,596	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	104,167	102,901	106,157	126,816	118,586	122,238	280,617	183,707	143,551	160,208	225,916	370,260	381,859	413,116	319,128	93,715	80,504	121,970	119,475	215,996	156,536	117,078	88,750	109,376	98,132	88,395	85,847	88,090	83,988	133,042	116,633	122,863	117,600	104,310	742,849	715,228	675,128	691,411	659,536	646,112	659,289	637,899	664,035	673,103	680,731	302,037	375,456	183,338	95,802	123,401	114,155	125,771	71,409	321,503	324,846	53,650	316,837	307,497	294,566	50,538	55,040	209,813	192,035	183,823	195,652	90,812	82,842	19,168	70,936	73,220	78,449	79,910	79,873	109,484	48,840	46,881	43,366	48,667	44,801	41,667	38,757	35,395	33,486	29,105	28,317	27,001	11,104	8,641	6,926	4,919	4,578	5,782	5,454	4,522	4,647	3,420	3,200	1,200	4,700	5,200	6,400	7,600	8,500	2,700	6,600	2,200	3,300	4,400	2,100	2,300	3,300	3,800	2,800	3,700	3,400	1,900	4,300	5,500	1,900	2,500	4,100	1,300	1,400	800	1,200	1,300	200	300	300	100	200	100	200	100	400	1,000	1,600	100	300	-	-	-	6,900	-	-	-	3,600	-	-	-	1,700	-	-	-
Cash And Equivalents	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash And Short Term Investments	104,167	102,901	106,157	126,816	118,586	122,238	280,617	183,707	143,551	160,208	225,916	370,260	381,859	413,116	319,128	93,715	80,504	121,970	119,475	215,996	156,536	117,078	88,750	109,376	98,132	88,395	85,847	88,090	83,988	133,042	116,633	126,724	117,600	104,310	749,122	715,228	675,128	691,411	659,536	646,112	659,289	637,899	664,035	673,103	680,731	302,037	375,456	183,338	95,802	123,401	114,155	125,771	71,409	321,503	324,846	53,650	316,837	307,497	294,566	50,538	55,040	209,813	192,035	183,823	195,652	90,812	82,842	19,168	70,936	73,220	78,449	79,910	79,873	109,484	48,840	46,881	43,366	48,667	44,801	41,667	38,757	35,395	33,486	29,105	28,317	27,001	11,104	8,641	6,926	4,919	4,578	6,643	5,920	5,413	5,567	4,422	5,200	4,200	8,700	5,200	6,400	7,600	8,500	2,700	6,600	2,200	3,300	4,400	2,100	2,300	3,300	3,800	2,800	3,700	3,400	1,900	4,300	5,500	1,900	2,500	4,100	1,300	1,400	800	1,200	1,300	200	300	300	100	200	100	200	100	400	1,000	1,600	100	300	-	-	-	6,900	-	-	-	3,600	-	-	-	1,700	-	-	-
Common Stock	656	656	656	656	656	656	656	656	656	656	656	656	656	656	655	655	655	655	655	654	654	654	654	653	653	653	652	652	652	652	651	651	651	651	650	847	17,352	17,364	17,364	23,988	29,991	30,003	30,007	30,009	30,364	34,204	35,742	586	546	545	40,407	536	535	534	534	472	407	405	405	340	340	339	339	344	303	292	289	244	238	238	238	238	237	235	213	212	211	210	210	210	210	210	209	208	207	193	183	182	181	181	181	180	180	180	179	179	200	200	200	0	0	0	200	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Stock Shares Outstanding	65,727	65,757	65,763	65,709	65,663	65,660	65,678	65,645	65,621	65,628	65,637	65,622	65,619	65,633	65,628	65,601	65,612	65,616	65,538	65,515	65,473	65,497	65,508	65,307	65,307	65,405	65,321	65,275	65,253	65,281	65,091	65,085	65,122	65,048	65,087	65,129	65,002	65,107	65,067	65,083	64,991	64,981	64,205	64,995	64,137	59,680	58,572	59,169	55,575	55,491	55,407	55,337	55,309	55,250	49,615	44,976	40,962	40,862	38,325	34,447	34,375	34,279	32,835	31,214	30,124	28,861	24,670	24,264	23,935	23,823	23,478	23,811	23,564	21,367	21,219	21,099	21,130	21,090	21,107	21,125	21,148	21,100	20,781	21,091	20,023	19,130	18,650	18,173	18,026	18,025	17,817	17,867	17,764	17,872	17,792	17,874	17,866	17,532	17,747	18,333	16,969	18,571	17,594	15,000	17,000	16,667	15,395	15,000	15,714	16,000	14,167	13,333	15,000	14,686	14,633	15,152	13,333	12,500	16,667	16,667	13,333	10,000	10,000	10,000	10,000	10,000	9,286	10,000	10,000	10,000	8,944	8,989	6,667	8,000	8,412	8,462	8,621	9,167	8,530	8,406	8,606	8,531	8,358	8,716	7,991	6,774	6,720	6,510	6,155	6,155	6,151	6,155	6,155	6,155
Common Stock Total Equity	0	0	0	0	0	0	0	0	0	656	656	656	656	656	655	655	655	655	655	654	654	654	654	653	653	653	652	652	652	652	651	651	651	651	650	847	17,352	17,364	17,364	23,988	29,991	30,003	30,007	30,009	30,364	34,204	35,742	586	546	545	543	536	535	534	534	472	407	405	405	340	340	339	339	344	303	292	289	244	238	238	238	238	237	235	213	212	211	210	210	210	210	210	209	208	207	193	183	182	181	181	181	180	180	180	179	179	200	200	200	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current Deferred Revenue	41,849	0	0	0	0	0	0	0	0	-51,780	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	9,467	8,343	14,982	6,769	6,086	6,087	5,913	4,970	4,422	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	390	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred Long Term Asset Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred Long Term Liab	0	0	0	0	0	0	0	0	0	87,687	88,000	84,079	85,017	85,784	86,439	86,776	87,352	88,184	88,961	90,321	90,700	91,356	91,147	103,221	147,548	121,731	121,330	120,895	120,773	120,672	133,867	139,861	140,614	145,256	146,603	135,666	152,762	164,490	169,865	161,277	166,241	171,422	174,267	172,209	175,875	179,769	178,716	151,806	151,673	153,028	152,564	156,480	151,375	152,062	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earning Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Good Will	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	5,800	5,800	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	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Inventory	9,788	9,851	10,657	11,599	12,656	13,691	13,172	8,490	11,607	12,222	17,684	14,491	13,900	17,159	11,671	11,947	15,336	10,772	11,380	12,413	7,954	10,011	9,311	12,699	7,359	7,794	7,883	6,624	10,179	12,615	9,489	5,402	8,289	0	2,287	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	10,470	9,943	9,629	10,622	11,052	11,654	11,338	0	0	10,881	11,017	10,611,562	10,490	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	7	0	0	100	0	100	200	100	7,000	6,700	5,400	2,900	2,000	3,700	2,800	1,200	1,300	800	700	200	200	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	200	100	0	0	100	1,200	700	-	-	-	800	-	-	-	-	-	-	-	-	-	-	-
Liabilities And Stockholders Equity	3,361,057	3,397,163	3,439,709	3,491,032	3,534,522	3,376,793	2,853,046	2,789,852	2,757,032	2,805,677	2,651,605	2,753,526	2,763,734	2,797,187	2,766,287	2,549,864	2,554,636	2,547,911	2,544,151	2,699,385	2,675,106	2,672,866	2,682,016	2,753,447	3,029,400	3,065,895	3,094,065	3,128,782	3,160,244	3,148,591	3,069,729	3,099,242	3,223,268	3,228,695	2,917,191	2,910,027	2,862,588	2,892,863	2,891,544	2,882,831	2,889,198	2,902,493	2,905,341	2,893,860	2,887,047	2,403,359	2,376,366	2,108,956	1,994,379	1,892,479	1,902,702	1,912,727	1,863,624	1,862,807	1,861,333	1,586,734	804,353	793,503	809,924	574,714	582,627	556,865	545,850	540,288	542,147	371,790	356,649	290,348	183,392	179,129	171,765	169,577	167,826	161,585	102,319	100,779	98,517	96,097	93,522	91,421	89,166	86,953	86,359	75,855	74,992	44,165	29,590	20,642	19,120	17,557	17,262	16,551	16,300	16,770	17,498	17,668	18,000	16,500	11,800	17,600	18,600	19,800	20,900	22,500	23,600	19,700	19,000	17,100	17,200	15,900	14,100	12,800	11,200	11,700	10,300	8,200	10,900	11,800	8,200	8,800	5,500	2,600	2,700	2,200	2,500	3,000	1,900	2,100	2,300	2,400	2,600	2,900	10,700	10,700	11,400	12,800	14,000	13,500	13,000	-	-	-	18,200	-	-	-	17,500	-	-	-	12,800	-	-	-
Long Term Debt	245,967	320,750	395,529	496,817	571,572	446,327	0	0	0	95,403	0	146,270	195,983	270,696	300,439	100,154	129,869	164,595	214,554	362,915	358,897	354,939	351,027	422,273	493,486	539,772	586,170	635,881	677,429	674,029	600,685	630,252	677,494	674,780	322,110	319,484	316,874	314,333	311,860	309,401	306,983	304,604	302,263	299,961	297,697	295,440	293,248	98,800	272,700	176,600	210,500	229,400	199,500	216,000	222,500	229,000	0	0	19,250	19,250	19,250	19,250	15,750	15,750	15,750	15,750	15,750	75,750	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	95,403	0	146,270	195,983	270,696	300,439	100,154	129,869	164,595	214,554	362,915	358,897	354,939	351,027	422,273	493,486	539,772	586,170	635,881	677,429	674,029	600,685	630,252	677,494	674,780	322,110	319,484	316,874	314,333	311,860	309,401	306,983	304,604	302,263	299,961	297,697	295,440	293,248	98,800	272,700	176,600	210,500	229,400	199,500	216,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long Term Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	2,363,733	2,335,788	2,371,300	2,401,057	2,437,589	2,476,386	2,539,427	2,535,877	2,814,066	0	2,895,956	0	0	0	2,848,087	0	8,411	5,824	6,273	5,619	7,788	8,268	9,608	7,280	7,408	10,826	9,695	14,154	18,489	20,044	15,015	20,474	16,570	23,528	28,876	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Negative Goodwill	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Debt	147,445	217,849	289,372	370,001	452,986	324,089	-280,617	-183,707	-143,551	-64,805	-225,916	-223,990	-185,876	-142,420	-18,689	6,439	49,365	42,625	95,079	146,919	202,361	237,861	262,277	312,897	395,354	451,377	500,323	547,791	593,441	540,987	484,052	507,389	559,894	570,470	-428,980	-395,744	-358,254	-377,078	-347,676	-336,711	-352,306	-333,295	-361,772	-373,142	-383,034	-6,597	-82,208	-68,938	192,498	68,799	111,945	119,229	154,091	-79,503	-76,346	201,350	-316,837	-307,497	-275,316	-31,288	-35,790	-190,563	-176,285	-168,073	-179,902	-75,062	-67,092	56,582	-70,936	-73,220	-78,449	-79,910	-79,873	-109,484	-48,840	-46,881	-43,366	-48,667	-44,801	-41,667	-38,757	-35,395	-33,486	-29,105	-27,669	-27,001	-11,104	-8,641	-6,926	-4,919	-4,578	-5,782	-5,454	-4,522	-4,647	-2,420	-1,200	800	-4,700	-5,200	-6,400	-7,600	-8,500	-2,700	-6,600	-2,200	-3,300	-4,400	-2,100	-2,300	-3,300	-3,800	-2,800	-3,700	-3,300	-1,800	-4,200	-5,400	-1,800	-2,500	-4,000	-1,200	-1,300	-800	-1,200	-1,300	-200	-300	-300	-100	-200	-100	-200	-100	-400	-1,000	-1,600	-100	-300	-	-	-	-6,900	-	-	-	-3,600	-	-	-	-1,400	-	-	-
Net Invested Capital	3,134,184	3,170,136	3,219,091	3,279,380	3,312,665	3,153,906	2,684,229	2,633,689	2,588,744	2,637,250	2,490,768	2,573,590	2,587,625	2,620,759	2,572,656	2,340,390	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	51,560	48,975	46,060	48,658	52,471	43,532	44,580	57,915	59,003	57,040	51,762	60,096	53,255	37,871	30,124	43,683	38,117	30,333	23,435	36,344	38,452	31,487	26,396	28,944	56,651	55,102	49,055	38,797	40,310	44,979	41,209	41,811	35,741	38,089	44,103	39,486	61,114	59,498	68,601	62,235	66,044	72,328	65,543	69,398	77,958	64,735	64,992	62,086	64,984	54,778	48,828	51,962	55,016	43,041	43,795	37,103	36,719	25,314	22,969	20,286	14,833	11,392	18,503	15,677	13,232	11,135	12,470	8,986	8,621	7,007	5,962	4,730	6,928	5,884	6,601	5,125	5,207	5,015	5,221	5,121	4,312	3,402	3,125	4,970	2,728	2,943	3,022	2,873	2,546	2,335	1,219	1,140	1,183	1,425	1,761	2,371	3,000	2,100	600	300	400	300	600	300	200	2,300	2,600	1,400	100	2,600	1,900	200	200	400	200	200	100	200	200	100	100	0	0	0	0	0	0	0	0	0	200	0	0	100	0	200	200	300	300	-	-	-	100	-	-	-	-	-	-	-	600	-	-	-
Net Tangible Assets	0	0	0	0	2,741,093	2,707,579	2,684,229	2,633,689	2,588,744	2,541,847	2,490,768	2,427,320	2,391,642	2,350,063	2,272,217	2,240,236	2,216,309	2,190,329	2,136,681	2,125,440	2,111,670	2,103,221	2,102,167	2,088,752	2,257,830	2,287,340	2,275,377	2,268,041	2,259,727	2,244,816	2,229,016	2,222,368	2,301,163	2,297,347	2,353,122	2,350,017	2,340,679	2,360,719	2,354,725	2,342,815	2,347,827	2,353,776	2,348,887	2,353,892	2,348,359	1,861,414	1,838,459	1,780,618	1,489,829	1,477,541	1,460,162	1,442,623	1,427,309	1,412,466	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	95,004	92,919	102,181	134,166	122,246	117,307	276,327	209,102	154,568	171,819	245,052	383,631	393,337	413,686	318,595	100,747	92,312	131,837	121,069	216,091	166,559	122,059	74,424	108,348	123,904	116,084	109,324	109,397	113,859	166,401	142,088	150,978	142,342	125,191	772,050	733,919	732,402	736,593	713,473	686,893	704,802	687,353	709,412	727,342	762,497	352,520	429,999	220,328	135,927	148,512	140,412	151,058	90,433	329,159	335,494	56,255	346,630	328,311	312,519	61,769	51,171	208,660	202,043	190,954	200,991	93,737	90,995	22,754	74,458	74,576	81,375	81,318	85,299	110,560	53,330	49,543	46,471	51,803	49,460	46,200	43,744	37,578	34,296	32,191	27,399	28,712	11,990	10,706	8,523	6,496	4,431	7,574	6,707	6,588	5,692	6,006	4,900	3,400	8,500	8,700	10,200	11,100	11,400	15,200	18,300	14,000	14,000	12,500	12,300	12,100	11,200	10,300	8,500	9,300	8,700	6,800	9,000	10,100	6,900	7,200	4,000	1,200	1,300	600	700	800	-300	-100	-300	-400	-200	-400	100	100	0	700	1,500	-900	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non Current Assets Total	3,193,631	3,233,397	3,274,460	3,301,868	3,348,689	3,195,010	2,512,706	2,531,207	2,541,036	2,573,594	2,354,470	2,307,204	2,313,243	2,327,362	2,404,137	2,399,287	2,418,194	2,383,701	2,389,472	2,434,030	2,471,371	2,513,436	2,556,209	2,601,602	2,863,921	2,910,116	2,950,458	2,994,608	3,024,047	2,956,605	2,901,784	2,924,062	3,060,408	3,076,384	2,120,168	2,150,402	2,110,720	2,135,485	2,155,567	2,170,394	2,160,186	2,187,093	2,160,844	2,144,875	2,105,997	2,031,512	1,931,158	1,857,443	1,828,251	1,707,957	1,733,429	1,727,731	1,735,237	1,496,446	1,490,065	1,493,734	449,919	459,827	491,216	502,370	511,905	335,151	334,873	340,376	332,788	268,925	260,966	261,892	103,244	98,386	87,066	84,045	76,878	45,475	46,090	47,556	48,086	40,833	41,621	42,416	42,719	47,895	49,557	41,623	43,702	14,052	15,298	8,991	9,474	10,117	11,258	8,531	8,893	9,646	9,933	9,712	9,800	10,200	2,400	8,100	7,600	7,600	8,700	6,700	4,300	4,600	3,900	4,100	4,000	3,000	2,400	2,300	2,300	1,800	1,400	1,100	1,400	1,100	1,100	1,200	1,200	1,200	1,200	1,300	1,300	1,700	1,700	1,800	2,000	2,200	2,200	2,700	10,200	10,300	10,700	11,600	12,000	11,700	11,500	-	-	-	9,800	-	-	-	13,200	-	-	-	10,100	-	-	-
Non Current Liabilities Other	7,728	8,160	9,083	7,501	7,738	5,854	6,169	6,435	6,688	7,810	8,107	20,361	20,901	21,347	33,735	42,569	46,071	40,431	36,573	36,524	41,363	49,934	47,190	54,051	46,974	34,511	32,018	30,728	29,439	29,761	23,435	23,569	22,424	21,717	15,819	16,155	15,452	14,915	14,758	25,787	23,011	23,484	23,090	22,188	22,174	22,769	22,443	21,489	24,342	23,155	23,082	22,757	19,754	16,045	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	387,994	464,534	540,748	641,102	717,466	592,378	92,375	94,195	94,393	190,900	96,107	250,710	301,901	377,827	420,613	229,499	263,292	293,210	340,088	489,760	490,960	496,229	489,364	579,545	688,008	696,014	739,518	787,504	827,641	824,462	757,987	793,682	840,532	841,753	476,291	471,305	485,088	493,738	496,483	496,465	496,235	499,510	499,620	494,358	495,746	497,978	497,728	272,095	448,715	352,783	386,146	408,637	370,629	384,107	392,011	397,737	22,055	23,284	43,324	43,406	43,371	45,215	42,288	41,255	41,851	21,246	21,759	82,210	6,724	7,152	6,782	7,367	7,218	7,361	7,683	7,650	7,856	7,967	8,182	7,677	7,786	8,633	8,860	115	117	119	121	122	124	125	127	126	126	125	125	61	2,600	100	600	100	100	800	100	100	100	100	200	400	100	100	200	100	100	200	100	400	100	100	400	100	200	200	200	200	100	500	500	500	500	400	400	400	400	500	400	400	500	300	400	-	-	-	400	-	-	-	300	-	-	-	400	-	-	-
Non Currrent Assets Other	114,118	117,817	118,899	110,483	111,287	110,630	122,842	97,518	97,284	96,964	92,312	82,769	81,263	85,048	85,224	81,874	85,103	78,683	50,156	52,438	51,463	54,821	55,092	68,999	53,305	57,518	58,202	62,521	62,719	58,511	53,697	60,622	55,576	57,608	30,287	35,081	35,780	35,894	36,892	29,739	29,431	30,338	30,881	26,678	23,904	21,776	25,155	12,404	12,688	12,486	14,114	11,911	19,760	21,852	22,082	15,780	14,608	14,529	35,250	25,036	36,181	38,389	34,203	34,099	34,743	55,053	45,127	43,605	2,526	2,597	1,981	2,422	8,273	1,342	1,113	1,708	1,623	1,119	988	904	683	465	470	576	830	817	931	885	809	932	1,486	491	529	500	595	36	0	0	100	1,100	1,000	1,000	2,100	0	100	600	0	700	700	800	700	700	700	800	800	800	800	800	800	0	0	0	0	100	0	400	400	500	400	400	400	400	400	600	500	700	600	600	600	-	-	-	200	-	-	-	100	-	-	-	400	-	-	-
Noncontrolling Interest In Consolidated Entity	0	0	0	0	0	0	0	0	0	12,666	12,647	12,805	13,037	13,158	29,902	30,299	30,905	31,999	33,772	34,921	35,300	36,045	39,102	41,653	41,987	42,846	44,887	48,460	50,538	53,728	56,869	58,990	61,055	62,475	62,805	62,999	17,355	17,621	17,832	18,007	20,926	21,160	21,749	23,967	24,389	24,640	24,970	25,058	25,634	26,145	27,533	27,529	27,732	29,032	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	118,352	109,311	106,142	109,930	122,842	95,218	97,284	96,964	80,121	82,769	2,313,243	69,914	56,274	53,537	49,409	47,913	18,172	52,438	33,782	37,050	16,782	65,725	53,305	57,518	58,202	62,521	62,719	58,511	53,696	60,622	63,987	63,432	51,074	40,700	43,568	44,162	46,500	37,019	36,839	41,164	40,576	40,832	42,393	41,820	36,849	32,878	29,258	36,014	42,990	11,911	19,760	21,852	22,082	26,250	14,608	14,529	35,250	36,088	36,181	38,389	34,203	34,099	34,743	55,052	45,127	44,641	3,542	3,207	2,894	3,045	8,712	1,525	1,274	2,060	1,928	1,339	1,295	1,260	821	5,233	5,925	5,455	6,762	7,166	7,780	885	809	932	1,486	491	528	499	595	35	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	1,911	2,039	2,375	2,091	2,120	2,322	1,971	8,533	1,835	2,613	1,773	1,475	1,477	1,679	1,227	1,232	2,485	1,135	389	602	793	854	1,350	826	3,337	4,488	822	663	1,720	1,350	614	1,243	1,230	9,912	1,511	4,911	15,626	6,469	7,840	4,090	3,679	5,173	14,919	6,484	22,361	5,075	4,760	6,089	5,342	6,343	6,290	7,263	1,962	1,817	2,627	2,247	878	865	1,173	1,520	849	509	439	412	475	918	371	302	591	515	364	892	4,147	743	787	1,216	1,857	1,583	1,879	2,217	3,378	261	191	158	245	169	165	136	174	186	207	237	304	286	236	1,157	0	0	0	4,000	4,100	4,100	3,000	5,800	5,800	5,200	6,300	5,200	7,300	5,200	5,300	5,200	5,100	5,100	5,100	5,000	5,100	5,000	5,000	5,000	100	100	100	100	0	0	0	0	0	100	0	100	100	100	300	0	100	200	200	-	-	-	600	-	-	-	700	-	-	-	400	-	-	-
Other Current Liab	60,009	62,221	54,516	47,146	56,901	57,144	56,946	43,276	54,953	54,793	45,685	58,311	54,567	53,238	41,071	48,329	40,960	28,877	30,720	44,259	34,885	32,316	42,293	40,489	39,324	36,771	30,375	22,303	20,056	19,456	21,743	20,789	17,737	18,737	20,062	23,501	16,724	18,474	18,607	22,595	21,941	25,793	32,247	19,197	16,298	16,240	12,594	13,405	11,861	18,186	10,762	15,438	9,330	8,969	7,407	6,720	4,229	4,171	3,786	4,873	13,173	5,570	4,181	4,220	4,259	5,732	2,346	1,993	2,900	4,609	2,248	1,796	2,274	3,634	1,758	1,641	1,992	2,032	1,209	1,194	1,374	490	1,379	328	1,615	375	1,604	124	396	268	1,088	116	349	285	1,159	267	700	400	300	100	300	300	200	100	300	200	100	100	300	100	0	0	0	0	100	-200	200	100	0	200	200	100	100	300	400	400	400	300	500	500	500	300	100	100	300	100	100	2,000	1,100	-	-	-	800	-	-	-	1,000	-	-	-	1,000	-	-	-
Other Liab	0	0	136,136	136,784	140,256	140,197	86,206	87,760	94,393	95,497	88,910	104,440	105,918	99,014	111,866	123,217	127,156	126,506	125,534	126,845	132,063	141,290	138,337	157,272	46,974	34,511	32,018	30,728	29,439	29,761	23,435	23,569	22,424	21,717	15,819	16,155	15,452	14,915	14,758	25,787	23,011	23,484	23,090	22,188	22,174	22,769	22,443	21,489	24,342	23,155	23,082	22,757	19,754	16,045	16,928	13,595	831	840	703	688	490	497	504	488	495	92	98	78	85	91	98	77	83	90	97	83	90	96	103	94	100	107	113	114	117	119	120	122	124	125	127	127	126	125	125	61	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	2,221,039	2,218,695	2,217,559	2,215,362	2,213,123	2,211,353	2,210,809	2,208,425	2,206,159	2,204,457	2,203,863	2,202,410	2,201,076	2,199,705	2,210,429	2,209,098	2,205,364	2,202,350	2,201,773	2,199,349	2,197,254	2,195,034	2,192,612	2,188,251	2,186,648	2,184,639	2,185,796	2,182,496	2,182,521	2,180,815	2,179,781	2,178,011	2,175,845	2,174,720	2,170,643	2,168,675	2,151,335	2,149,996	2,147,650	2,138,899	2,144,250	2,143,761	2,142,173	2,140,410	2,138,153	1,660,001	1,656,357	1,639,835	1,370,040	1,365,861	1,319,697	1,357,603	1,355,722	1,353,246	1,351,354	1,073,650	706,921	703,837	702,407	466,100	465,862	463,971	463,335	462,369	699,080	316,681	309,342	186,143	167,037	165,776	165,363	163,947	162,009	157,475	103,067	102,827	101,849	100,923	100,923	100,252	100,252	100,125	99,515	98,832	98,473	70,413	56,292	54,771	54,771	54,771	54,771	54,757	54,757	54,811	54,803	54,797	54,800	54,600	52,800	53,200	53,100	53,300	53,100	53,400	53,500	47,800	47,500	47,500	47,400	47,300	47,300	47,300	45,600	45,500	44,400	40,200	44,100	44,100	40,200	40,200	36,400	33,300	33,300	32,500	32,500	32,400	31,200	31,300	31,300	31,300	31,300	31,300	31,300	31,100	31,100	30,900	30,800	30,800	30,800	-	-	-	31,800	-	-	-	30,600	-	-	-	20,000	-	-	-
Preferred Stock Redeemable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	115,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property Plant And Equipment Gross	4,874,194	4,874,194	4,874,186	4,871,715	4,875,802	4,669,574	0	0	0	0	2,262,158	2,224,435	2,231,980	2,242,314	2,318,913	2,317,413	2,333,091	2,305,018	2,339,316	2,381,592	2,419,908	2,458,615	2,501,117	2,532,603	2,810,616	2,852,598	2,892,256	2,932,087	2,961,328	2,898,094	2,848,087	2,863,440	2,996,421	3,012,952	2,083,608	2,109,702	2,067,152	2,091,323	2,109,067	2,133,375	2,123,347	2,145,929	2,120,268	2,104,043	2,063,604	1,989,692	1,890,988	1,824,565	1,798,993	1,671,943	1,690,439	1,715,820	1,715,477	1,474,594	1,467,983	1,477,954	435,311	445,298	455,966	477,334	475,724	296,762	300,670	306,277	298,045	213,872	215,839	217,252	99,702	95,179	84,590	81,000	68,166	43,950	44,817	45,497	46,159	39,494	40,326	41,156	41,898	42,662	43,632	36,167	36,940	6,887	7,518	8,106	8,665	9,185	9,772	8,040	8,364	9,147	9,338	9,676	9,800	10,200	2,300	7,000	6,600	6,600	6,600	6,700	4,200	4,000	3,900	3,400	3,300	2,200	1,700	1,600	1,600	1,000	600	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property Plant And Equipment Net	3,079,513	3,115,580	3,155,561	3,191,385	3,237,402	3,084,380	2,389,864	2,433,689	2,443,752	2,476,630	2,262,158	2,224,435	2,231,980	2,242,314	2,318,913	2,317,413	2,333,091	2,305,018	2,339,316	2,381,592	2,419,908	2,458,615	2,501,117	2,532,603	2,810,616	2,852,598	2,892,256	2,932,087	2,961,328	2,898,094	2,848,087	2,863,440	2,996,421	3,012,952	2,083,608	2,109,702	2,067,152	2,091,323	2,109,067	2,133,375	2,123,347	2,145,929	2,120,268	2,104,043	2,063,604	1,989,692	1,890,988	1,824,565	1,798,993	1,671,943	1,690,439	1,715,820	1,715,477	1,474,594	1,467,983	1,477,954	435,311	445,298	455,966	477,334	475,724	296,762	300,670	306,277	298,045	213,872	215,839	217,252	99,702	95,179	84,590	81,000	68,166	43,950	44,817	45,497	46,159	39,494	40,326	41,156	41,898	42,662	43,632	36,167	36,940	6,887	7,518	8,106	8,665	9,185	9,772	8,040	8,364	9,147	9,338	9,676	9,800	10,200	2,300	7,000	6,600	6,600	6,600	6,700	4,200	4,000	3,900	3,400	3,300	2,200	1,700	1,600	1,600	1,000	600	300	600	300	300	1,200	1,200	1,200	1,200	1,200	1,300	1,300	1,300	1,300	1,600	1,800	1,800	2,300	9,800	9,700	10,200	10,900	11,400	11,100	10,900	-	-	-	9,600	-	-	-	13,100	-	-	-	9,700	-	-	-
Property Plant Equipment	0	0	0	0	4,772	0	0	0	0	2,476,630	6,009	2,224,435	2,231,980	2,242,314	2,318,913	2,317,413	2,333,091	2,305,018	2,339,316	2,381,592	2,419,908	2,458,615	2,501,117	2,532,603	2,810,616	2,852,598	2,892,256	2,932,087	2,961,328	2,898,094	2,848,087	2,863,440	2,996,421	3,012,952	2,083,608	2,109,702	2,067,152	2,091,323	2,109,067	2,133,375	2,123,347	2,145,929	2,120,268	2,104,043	2,063,604	1,989,692	1,890,988	1,824,565	1,798,993	1,671,943	1,690,439	1,715,820	1,715,477	1,474,594	1,467,983	1,467,484	435,311	445,298	455,966	466,282	475,724	296,762	300,670	306,277	298,045	213,872	215,839	217,252	99,702	95,180	84,590	81,000	68,166	43,949	44,817	45,497	46,159	39,494	40,326	41,156	41,898	42,662	43,632	36,168	36,940	6,886	7,518	8,106	8,665	9,185	9,772	8,040	8,364	9,147	9,338	9,676	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	666,522	630,035	605,347	566,545	527,314	495,570	472,764	424,608	381,929	336,734	286,249	224,254	189,910	149,702	61,133	30,483	10,290	-12,676	-65,747	-74,563	-86,238	-92,467	-89,898	-100,173	69,842	100,972	88,050	83,710	75,732	63,349	48,584	43,153	125,821	125,717	185,121	184,644	173,972	194,859	189,871	186,915	180,446	183,453	181,279	183,586	190,131	175,925	160,123	148,500	131,451	116,385	100,004	84,411	70,935	58,713	51,862	46,326	56,503	50,572	46,709	42,909	41,534	22,873	19,478	16,067	15,819	12,867	8,992	5,174	3,315	-779	-4,440	-6,705	-7,227	-8,838	-10,732	-13,293	-14,968	-16,544	-18,263	-19,784	-21,955	-23,453	-24,796	-25,385	-27,858	-28,067	-29,492	-35,491	-37,079	-38,465	-38,837	-38,250	-38,609	-38,452	-39,081	-39,153	-40,300	-41,300	-42,100	-36,500	-35,400	-34,600	-33,300	-31,600	-31,000	-29,300	-29,800	-30,900	-31,200	-32,300	-33,900	-34,800	-34,900	-34,600	-34,400	-32,400	-33,800	-33,000	-32,400	-31,900	-31,400	-31,100	-31,000	-30,800	-30,600	-30,400	-30,300	-30,100	-30,100	-29,900	-29,700	-29,400	-21,400	-21,200	-20,800	-19,000	-17,800	-20,300	-19,300	-	-	-	-14,800	-	-	-	-14,400	-	-	-	-8,600	-	-	-
Retained Earnings Total Equity	0	0	0	0	0	0	0	0	0	336,734	286,249	224,254	189,910	149,702	61,133	30,483	10,290	-12,676	-65,747	-74,563	-86,238	-92,467	-89,898	-100,173	69,842	100,972	88,050	83,710	75,732	63,349	48,584	43,153	125,821	125,717	185,121	184,644	173,972	194,859	189,871	186,915	180,446	183,453	181,279	183,586	190,131	175,925	160,123	148,500	131,451	116,385	100,004	84,411	70,935	58,713	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short Long Term Debt	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	351,027	422,273	493,486	539,772	586,170	0	0	0	600,685	0	0	0	313,869	0	0	0	311,860	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	251,612	320,750	395,529	496,817	571,572	446,327	0	0	0	95,403	0	146,270	195,983	270,696	300,439	100,154	129,869	164,595	214,554	362,915	358,897	354,939	351,027	422,273	493,486	539,772	586,170	635,881	677,429	674,029	600,685	630,252	677,494	674,780	313,869	319,484	316,874	314,333	311,860	309,401	306,983	304,604	302,263	299,961	297,697	295,440	293,248	114,400	288,300	192,200	226,100	245,000	225,500	242,000	248,500	255,000	0	0	19,250	19,250	19,250	19,250	15,750	15,750	15,750	15,750	15,750	75,750	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	648	0	0	0	0	0	0	0	0	0	0	1,000	2,000	2,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	100	100	100	100	100	0	100	100	100	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	300	-	-	-
Short Term Debt	972	0	0	0	0	0	0	0	0	95,403	0	146,270	195,983	0	0	0	0	0	0	0	0	0	351,027	422,273	493,486	539,772	586,170	0	0	0	600,685	0	0	0	313,869	0	0	0	311,860	0	0	0	0	0	0	0	0	15,600	15,600	15,600	15,600	15,600	26,000	26,000	26,000	26,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	648	0	0	0	0	0	0	0	0	0	0	1,000	2,000	2,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	100	100	100	100	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
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	1,100	0	0	0	0	0	3,861	0	0	6,273	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	862	467	891	920	1,002	2,000	3,000	4,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Temporary Equity Redeemable Noncontrolling Interests	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Assets	3,361,057	3,397,163	3,439,709	3,491,032	3,534,522	3,376,793	2,853,046	2,789,852	2,757,032	2,805,677	2,651,605	2,753,526	2,763,734	2,797,187	2,766,287	2,549,864	2,554,636	2,547,911	2,544,151	2,699,385	2,675,106	2,672,866	2,682,016	2,753,447	3,029,400	3,065,895	3,094,065	3,128,782	3,160,244	3,148,591	3,069,729	3,099,242	3,223,268	3,228,695	2,917,191	2,910,027	2,862,588	2,892,863	2,891,544	2,882,831	2,889,198	2,902,493	2,905,341	2,893,860	2,887,047	2,403,359	2,376,366	2,108,956	1,994,379	1,892,479	1,902,702	1,912,727	1,863,624	1,862,807	1,861,333	1,586,734	804,353	793,503	809,924	574,714	582,627	556,865	545,850	540,288	542,147	371,790	356,649	290,348	183,392	179,129	171,765	169,577	167,826	161,585	102,319	100,779	98,517	96,097	93,522	91,421	89,166	86,953	86,359	75,855	74,992	44,165	29,590	20,642	19,120	17,557	17,262	16,551	16,300	16,770	17,498	17,668	18,000	16,500	11,800	17,600	18,600	19,800	20,900	22,500	23,600	19,700	19,000	17,100	17,200	15,900	14,100	12,800	11,200	11,700	10,300	8,200	10,900	11,800	8,200	8,800	5,500	2,600	2,700	2,200	2,500	3,000	1,900	2,100	2,300	2,400	2,600	2,900	10,700	10,700	11,400	12,800	14,000	13,500	13,000	-	-	-	18,200	-	-	-	17,500	-	-	-	12,800	-	-	-
Total Current Assets	167,426	163,766	165,249	189,164	185,833	181,783	340,340	258,645	215,996	232,083	297,135	446,322	450,491	469,825	362,150	150,577	136,442	164,210	154,679	265,355	203,735	159,430	125,807	151,845	165,479	155,779	143,607	134,174	136,197	191,986	167,945	175,180	162,860	152,311	797,023	759,625	751,868	757,378	735,977	712,437	729,012	715,400	744,497	748,985	781,050	371,847	445,208	251,513	166,128	184,522	169,273	184,996	128,387	366,361	371,268	93,000	354,434	333,676	318,708	72,344	70,722	221,714	210,977	199,912	209,359	102,866	95,683	28,455	80,148	80,742	84,699	85,532	90,948	116,111	56,228	53,222	50,430	55,264	51,901	49,005	46,447	39,058	36,802	34,232	31,290	30,113	14,292	11,651	9,646	7,440	6,004	8,020	7,408	7,124	7,565	7,957	8,200	6,300	9,400	9,500	11,000	12,200	12,200	15,800	19,300	15,100	15,100	13,000	13,200	12,900	11,700	10,500	8,900	9,900	8,900	7,100	9,500	10,700	7,100	7,600	4,300	1,400	1,500	900	1,200	1,300	200	300	300	200	400	200	500	400	700	1,200	2,000	1,800	1,500	-	-	-	8,400	-	-	-	4,300	-	-	-	2,700	-	-	-
Total Current Liabilities	72,422	70,847	63,068	54,998	63,587	64,476	64,013	49,543	61,428	60,264	52,083	62,691	57,154	56,139	43,555	49,830	44,130	32,373	33,610	49,264	37,176	37,371	51,383	43,497	41,575	39,695	34,283	24,777	22,338	25,585	25,857	24,202	20,518	27,120	24,973	25,706	19,466	20,785	22,504	25,544	24,210	28,047	35,085	21,643	18,553	19,327	15,209	31,185	30,201	36,010	28,861	33,938	37,954	37,202	35,774	36,745	7,804	5,365	6,189	10,575	19,551	13,054	8,934	8,958	8,368	9,128	4,689	5,701	5,691	6,166	3,324	4,214	5,650	5,551	2,898	3,679	3,959	3,462	2,441	2,805	2,704	1,480	2,506	2,041	3,891	1,401	2,302	945	1,123	944	1,573	446	700	536	1,872	1,950	3,300	2,900	900	800	800	1,100	800	600	1,000	1,100	1,100	500	900	800	500	200	400	600	200	300	500	600	200	400	300	200	200	300	500	500	500	400	600	600	600	600	400	300	700	500	500	2,700	1,100	-	-	-	800	-	-	-	1,000	-	-	-	1,000	-	-	-
Total Liab	460,416	535,381	603,816	696,100	781,053	656,854	156,388	143,738	155,821	251,164	148,190	313,401	359,055	433,966	464,168	279,329	307,422	325,583	373,698	539,024	528,136	533,600	540,747	623,042	729,583	735,709	773,801	812,281	849,979	850,047	783,844	817,884	861,050	868,873	501,264	497,011	504,554	514,523	518,987	522,009	520,445	527,557	534,705	516,001	514,299	517,305	512,937	303,280	478,916	388,793	415,007	442,575	408,583	421,309	427,785	434,482	29,859	28,649	49,513	53,981	62,922	58,269	51,222	50,213	50,220	30,374	26,447	87,911	12,415	13,318	10,105	11,582	12,867	12,912	10,581	11,329	11,816	11,428	10,623	10,482	10,490	10,113	11,366	2,155	4,008	1,520	2,422	1,067	1,247	1,070	1,700	573	826	661	1,997	2,012	3,300	3,000	900	900	900	1,100	900	700	1,100	1,200	1,300	500	1,000	900	700	300	500	800	300	400	600	700	400	500	500	400	400	500	600	1,000	1,000	900	1,100	1,000	1,000	1,000	800	800	1,100	900	1,000	3,000	1,500	-	-	-	1,200	-	-	-	1,300	-	-	-	1,400	-	-	-
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	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Stockholder Equity	2,888,217	2,849,386	2,823,562	2,782,563	2,741,093	2,707,579	2,684,229	2,633,689	2,588,744	2,541,847	2,490,768	2,427,320	2,391,642	2,350,063	2,272,217	2,240,236	2,216,309	2,190,329	2,136,681	2,125,440	2,111,670	2,103,221	2,102,167	2,088,752	2,257,830	2,287,340	2,275,377	2,268,041	2,259,727	2,244,816	2,229,016	2,222,368	2,301,163	2,297,347	2,353,122	2,350,017	2,340,679	2,360,719	2,354,725	2,342,815	2,347,827	2,353,776	2,348,887	2,353,892	2,348,359	1,861,414	1,838,459	1,780,618	1,489,829	1,477,541	1,460,162	1,442,623	1,427,309	1,412,466	1,403,716	1,120,462	763,899	754,787	749,441	509,317	507,729	486,935	483,217	478,956	480,948	330,112	319,081	191,865	170,977	165,811	161,660	157,995	154,959	148,673	91,737	89,449	86,701	84,669	82,898	80,939	78,676	76,839	74,993	73,700	70,984	42,645	27,168	19,575	17,873	16,488	15,562	15,978	15,474	16,109	15,501	15,657	14,700	13,500	10,900	16,700	17,700	18,700	20,000	21,800	22,500	18,500	17,700	16,600	16,200	15,000	13,400	12,500	10,700	10,900	10,000	7,800	10,300	11,100	7,800	8,300	5,000	2,200	2,300	1,700	1,900	2,000	900	1,200	1,200	1,400	1,600	1,900	9,900	9,900	10,300	11,900	13,000	10,500	11,500	-	-	-	17,000	-	-	-	16,200	-	-	-	11,400	-	-	-
Treasury Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-4,474	-3,557	-3,557	0	0	0	0	0	0	-6,613	-1,097	-1,097	-1,097	-1,097	-1,097	-1,097	-1,097	-1,097	-1,097	-1,097	-1,097	-1,097	-1,097	-1,097	-1,097	-1,097	-1,097	-1,097	-1,097	-1,097	-1,097	-1,097	-1,097	-1,097	-1,097	-1,097	-1,097	-1,097	-1,099	-1,044	-1,044	-1,044	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Warrants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Cash Flow

Currency in USD. All numbers in thousands.

	2023-06-30	2022-06-30	2021-06-30	2020-06-30	2019-06-30	2018-06-30	2017-06-30	2016-06-30	2015-06-30	2014-06-30	2013-06-30	2012-06-30	2011-06-30	2010-06-30	2009-06-30	2008-06-30	2007-06-30	2006-06-30	2005-06-30	2004-06-30	2003-06-30	2002-06-30	2001-06-30	2000-06-30	1999-06-30	1998-06-30	1997-06-30	1996-06-30	1995-06-30	1994-06-30	1993-06-30	1992-06-30	1991-06-30	1990-06-30
Begin Period Cash Flow	225,916	225,916	319,128	88,750	88,750	85,847	116,633	742,849	659,536	664,035	375,456	114,155	324,846	294,566	192,035	82,842	78,449	48,840	44,801	33,486	11,104	4,578	4,647	4,670	8,500	3,300	3,300	3,400	1,400	1,400	200	200	400	300
Capital Expenditures	922,155	400,381	168,147	1,055	1,055	11,812	203,721	1,346,109	60,429	80,019	314,262	276,683	280,009	232,996	186,110	16,246	121,093	43,970	127	271	24	35	2,195	8,341	700	2,900	2,300	1,300	400	0	0	0	200	1,200
Cash And Cash Equivalents Changes	0	0	-93,212	199,653	30,725	2,903	-30,786	-626,216	83,313	-4,499	288,579	261,301	-210,691	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	-32,302	-20,124	10,110	272,074	-7,091	84,806	20,785	7,813	-5,982	-8,657	-2,336	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change In Cash	-107,330	-238,308	-93,212	30,725	30,725	2,903	-30,786	-626,216	83,313	-4,499	288,579	261,301	-210,691	30,280	102,531	109,193	4,392	29,609	4,039	11,315	22,381	6,526	-69	-23	-3,800	5,200	200	-100	500	6,900	1,300	-200	-200	100
Change In Working Capital	3,634	-122,806	-46,428	-25,927	-25,927	54,830	-5,698	-3,258	25,237	-17,001	4,486	-12,596	5,484	-27,429	-8,667	-4,878	-5,198	2,445	-1,323	-2,231	141	-1,489	265	-1,060	100	5,000	-2,200	-2,500	-100	-100	-200	100	100	400
Change Receivables	0	0	-19,552	-6,957	5,623	530	-5,472	17,221	8,973	3,731	3,562	-5,118	-8,465	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	4,683	-9,771	-19,552	5,623	5,623	530	-6,883	19,508	5,977	3,731	3,562	-5,118	-8,465	-19,055	0	0	0	639	0	0	95	0	541	0	0	0	0	0	0	0	0	0	0	0
Change To Inventory	-1,049	2,292	-6,014	-2,069	-2,069	-1,428	1,606	-7,203	1,110	-3,396	3,938	-829	9,352	5,065	0	0	0	0	0	0	0	0	0	0	0	2,800	-1,700	-1,100	-200	0	0	0	0	700
Change To Liabilities	211	3,862	3,237	17,394	-32,791	23,018	4,284	1,054	98	-22,570	13,224	-7,566	11,702	0	0	2,211	0	0	0	0	61	269	0	123	0	0	0	0	0	0	0	0	0	0
Change To Netincome	-7,983	17,477	-33,670	-22,090	4,870	-24,761	6,665	2,326	5,829	-6,183	-5,618	10,195	1,358	0	0	0	16	1,520	253	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Operating Activities	435	-1,551	1,348	3,492	-12,291	8,057	1,735	-2,404	1,070	-4,817	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	183,222	189,009	183,569	163,056	169,856	403,060	159,636	237,356	124,640	95,244	91,338	64,928	67,399	46,264	30,654	18,364	8,269	4,261	3,205	3,314	2,855	2,289	1,271	1,193	500	200	100	200	100	0	0	100	200	600
Dividends Paid	91,925	78,738	76,099	67,477	67,477	64,118	61,396	58,720	56,054	53,380	43,934	29,504	22,130	14,628	10,242	11,055	5,721	4,808	3,652	2,591	2,378	894	885	0	0	0	0	0	0	0	0	0	0	0
End Period Cash Flow	118,586	143,551	225,916	119,475	119,475	88,750	85,847	116,633	742,849	659,536	664,035	375,456	114,155	324,846	294,566	192,035	82,842	78,449	48,840	44,801	33,486	11,104	4,578	4,647	4,700	8,500	3,300	3,300	1,900	1,900	1,500	200	200	400
Exchange Rate Changes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Free Cash Flow	-504,810	61,488	239,004	252,111	252,111	317,012	63,132	-1,176,798	131,670	67,183	-141,632	-114,519	-133,052	-184,625	-156,063	22,881	-96,746	-25,447	14,693	13,130	11,660	7,382	969	-4,113	-4,400	-700	-200	-3,000	-1,400	-1,400	-800	-600	-1,400	-400
Investments	-922,876	8,651	69,951	-461	-3,573	2,131	-200,116	11,905	11,905	11,905	0	0	-28,574	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issuance Of Capital Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Borrowings	575,000	-200,000	-305,000	85,000	-151,761	-250,180	-28,340	273,889	-864	-1,284	0	130,923	-23,368	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	238,982	276,678	302,776	89,079	89,079	-119,351	92,425	-82,438	52,678	63,472	73,409	98,309	77,299	29,422	41,357	24,043	19,720	11,350	11,454	8,872	6,752	10,699	1,138	3,953	-8,800	-3,500	4,100	600	-1,500	-1,500	-600	-600	-8,900	-1,500
Other Cashflows From Financing Activities	697,491	-4,468	403	2,226	222,226	2,829	61,299	348,059	-2,305	-14,640	-4,446	454,561	12,645	255,499	357	111,820	15,632	1,438	-8,102	-232	-2,043	-35	-2,319	-6,078	-100	100	-2,300	-1,300	-5,000	-5,000	100	600	800	-700
Other Cashflows From Investing Activities	-721	-241	-541	-152,398	-2,022	-12,721	-200,116	-1,021,418	-51,202	-84,801	-309,442	-271,356	-277,689	22,691	32,016	0	0	0	0	0	277	122	126	0	0	0	0	0	0	0	0	0	0	0
Other Non Cash Items	-16,904	0	-38,952	22,086	185,142	417,909	168,587	249,951	136,694	106,317	100,453	68,373	62,816	46,635	-3,060	-664	2,317	1,339	430	4	228	2,768	490	142	4,500	-100	0	0	1,000	1,000	0	-200	7,400	1,300
Sale Purchase Of Stock	-1,447	0	-1,465	-1,595	-1,595	-4,042	-2,426	-353	-1,030	1,120	466,359	457,023	-7,158	253,407	3,500	-5,516	0	0	0	0	0	0	-53	0	-400	-700	0	0	0	0	0	0	0	0
Stock Based Compensation	8,411	0	5,730	6,617	6,617	8,279	9,983	10,039	5,141	2,580	5,701	6,507	6,494	7,279	2,921	2,147	0	0	1,484	0	0	0	0	0	0	100	0	0	0	0	0	0	0	0
Total Cash From Financing Activities	480,566	-283,206	-383,626	-216,846	-216,846	-315,331	-97,523	213,986	-57,584	-66,900	425,391	370,493	-51,385	462,447	225,025	89,444	132,436	55,261	-2,679	-1,853	12,740	-856	-914	1,827	-400	5,900	200	2,900	6,900	6,900	2,000	0	200	0
Total Cash From Operating Activities	417,345	461,869	407,151	253,166	253,166	328,824	266,853	169,311	192,099	147,202	172,630	162,164	146,957	48,371	30,047	39,127	24,347	18,523	14,820	13,401	11,684	7,417	3,164	4,228	-3,700	2,200	2,100	-1,700	-1,400	-1,400	-800	-600	-1,200	800
Total Cashflows From Investing Activities	-922,876	-416,971	-116,737	-152,859	-5,595	-10,590	-200,116	-1,009,513	-51,202	-84,801	-309,442	-271,356	-306,263	0	0	0	0	0	0	0	0	87	0	0	0	0	0	0	0	0	0	0	0	0

	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31	1999-09-30	1999-06-30	1999-03-31	1998-12-31	1998-09-30	1998-06-30	1998-03-31	1997-12-31	1997-09-30	1997-06-30	1997-03-31	1996-12-31	1996-09-30	1996-06-30	1996-03-31	1995-12-31	1995-09-30	1995-06-30	1995-03-31	1994-12-31	1994-09-30	1994-06-30	1994-03-31	1993-12-31	1993-09-30	1993-06-30	1993-03-31	1992-12-31	1992-09-30	1992-06-30	1992-03-31	1991-12-31	1991-09-30	1991-06-30	1991-03-31	1990-12-31	1990-09-30	1990-06-30	1990-03-31	1989-12-31	1989-09-30
Begin Period Cash Flow	102,901	106,157	126,816	118,586	122,238	280,617	183,707	143,551	160,208	225,916	370,260	381,859	413,116	319,128	93,715	80,504	121,970	119,475	215,996	156,536	117,078	88,750	109,376	98,132	88,395	85,847	88,090	83,988	133,042	116,633	122,863	117,600	104,310	742,849	715,228	675,128	691,411	659,536	646,112	659,289	637,899	664,035	673,103	680,731	302,037	375,456	183,338	95,802	123,401	114,155	125,771	71,409	321,503	324,846	53,650	316,837	307,497	294,566	50,538	55,040	209,813	192,035	183,823	195,652	90,812	82,841	19,168	70,936	73,220	78,449	79,910	79,873	109,484	48,840	46,881	43,366	48,667	44,801	41,667	38,757	35,395	33,486	29,105	28,317	27,001	11,104	8,641	6,926	4,919	4,578	5,782	5,454	4,522	4,647	3,420	3,200	1,200	4,700	5,300	6,400	7,600	8,500	0	4,400	2,200	3,300	2,200	0	2,300	3,300	1,000	0	3,700	3,400	0	0	5,500	1,900	0	2,800	1,300	1,400	0	0	1,300	200	100	100	100	200	0	200	0	400	0	1,400	100	300
Capital Expenditures	2,678	8	2,670	0	206,326	677,988	41	37,800	16,066	265,000	85,659	33,656	37,528	11,304	48,130	35,438	68,055	4,362	1,055	1,000	52	3	10,800	1,012	5	5	203,721	10,903	102,735	90,083	19,853	1,272	24,103	1,300,881	88	21,607	32,525	6,209	327	31,603	61	48,028	37,181	62,049	94,997	120,035	83,021	45,480	148,182	-18,496	509	279,500	254,500	25,000	15,054	217,942	-9,987	-10,668	186,110	186,095	186,105	5	3,270	13,628	1,900	411	1,089	119,959	11,625	11,670	4,921	39,044	25,226	5	7,504	7,526	54	51	177	34	17	42	17	3	2	2	10	11	5	9	2,137	6	15	37	52	188	0	8,100	0	500	100	100	0	2,600	200	100	500	200	1,000	600	200	0	600	500	0	1,900	0	0	0	0	0	0	0	0	0	0	0	0	0	0	100	0	0	0	100	300	300	500
Cash And Cash Equivalents Changes	0	0	0	0	0	0	0	0	0	-65,708	-144,344	-11,599	-31,257	93,988	225,413	13,211	-41,466	2,495	-96,521	59,460	39,458	28,328	-20,626	11,244	9,737	2,548	-2,243	4,102	-49,054	16,409	-6,230	5,263	13,290	-638,539	27,621	40,100	-16,283	31,875	13,424	-13,177	21,390	-26,136	-9,068	-7,628	378,694	-73,419	192,118	87,536	-27,599	9,246	-11,616	54,362	-250,094	-3,343	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	0	0	0	0	0	-783	-4,535	-7,845	-3,583	-16,339	-10,535	16	-8,536	-1,069	9,938	3,324	-2,606	-546	-2,523	275,562	2,050	-3,015	229	5,764	5,096	-18,180	-12,663	90,592	28,055	-21,178	16,314	1,127	1,197	2,147	-4,257	-931	2,704	10,297	-12,504	27,483	-19,851	-1,110	-3,071	-1,929	-597	-3,060	1,716	-2,022	-2,018	-12	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	1,266	-3,256	-20,659	8,230	-3,652	-158,379	96,910	40,156	-16,657	-65,708	-144,344	-11,599	-31,257	93,988	225,413	13,211	-41,466	2,495	-96,521	59,460	39,458	28,328	-20,626	11,244	9,737	2,548	-2,243	4,102	-49,054	16,409	-6,230	5,263	13,290	-638,539	27,621	40,100	-16,283	31,875	13,424	-13,177	21,390	-26,136	-9,068	-7,628	378,694	-73,419	192,118	87,536	-27,599	9,246	-11,616	54,362	-250,094	-3,343	271,196	-263,187	9,340	12,931	244,028	-4,502	-154,773	17,778	8,212	-11,829	104,840	7,971	63,674	-51,769	-2,284	-5,229	-1,461	37	-29,611	60,644	1,959	3,515	-5,300	3,866	3,134	2,910	3,362	1,910	4,381	788	1,316	15,897	2,463	1,715	2,007	341	-1,203	328	931	-125	1,227	220	2,000	-3,500	-600	-1,300	-1,200	-900	5,700	-3,900	4,400	-1,100	-1,100	2,200	-100	-1,000	-500	1,000	-900	300	-500	-600	-1,300	3,600	-100	-1,600	2,800	-100	600	-300	-100	1,100	-100	100	100	-100	200	-200	200	-400	-700	-500	1,400	-200
Change In Working Capital	-4,023	4,017	11,463	-4,887	-9,384	-1,041	28,810	-15,261	-4,930	7,032	-18,425	-2,339	-12,228	-13,436	-3,297	2,569	-867	-6,965	-7,114	10,824	-13,613	-16,024	5,782	34,882	13,899	267	-5,201	13,656	4,108	-18,261	-22,254	-634	16,751	1,334	-7,781	26,679	-1,518	9,707	-22,291	6,182	4,161	-3,318	13,425	26,988	-37,503	1,576	-664	-162	-15,133	3,363	7,429	3,690	-8,611	2,976	-6,065	-7,435	-11,386	-2,543	-6,413	-16,267	3,103	11,201	-5,645	-610	-5,257	5,790	-3,719	-511	-2,588	1,620	-1,051	4,893	-4,544	3,148	-2,275	70	-178	1,059	-421	-950	-509	-351	1,277	-2,043	380	527	-176	-470	-22	-832	184	-143	389	-165	416	423	-900	-1,000	-300	100	-100	400	7,700	-1,600	-1,300	-1,100	-1,800	1,900	-300	-2,000	-1,300	-700	-200	-300	8,700	-500	-1,100	3,200	-300	-100	2,800	-100	-300	100	-100	1,100	-200	200	100	100	100	300	-100	-300	100	200	600	-500
Change Receivables	0	0	0	0	0	0	0	0	0	-5,718	-1,814	-1,111	-10,743	-5,884	4,632	-3,875	-1,812	-5,902	6,821	-1,895	-553	1,250	1,439	1,490	-206	-2,193	-671	698	463	-5,962	2,245	208	1,626	13,142	1,805	-2,172	5,913	3,427	-4,444	845	5,137	2,193	8,635	11,735	-6,019	-10,789	8,140	2,435	-9,743	-5,950	-2,326	6,366	-9,827	-2,678	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-2,585	1,730	0	2,471	-20,929	8,392	16,651	569	-1,128	-5,718	-1,814	-1,111	-10,743	-5,884	4,632	-3,875	-1,812	-5,902	6,821	-1,895	-553	1,250	1,439	1,490	-206	-2,193	-671	5,768	-87	-7,048	2,245	208	1,626	13,142	1,805	-5,168	5,913	3,427	-4,444	845	5,137	2,193	8,635	11,735	-6,019	-10,789	0	2,435	-9,743	-5,950	0	0	0	2,159	0	0	0	-4,537	0	0	1,485	4,925	0	0	437	1,335	0	0	0	0	639	1,872	210	718	0	96	14	207	0	0	0	0	95	0	493	80	0	0	0	0	541	622	579	336	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	63	807	942	1,056	1,034	-519	-4,682	3,118	614	5,463	-3,194	-591	3,259	-5,488	276	3,389	-4,564	608	1,033	-4,458	2,057	-701	3,388	-5,340	435	89	-1,259	3,554	2,436	-3,125	-4,088	2,887	-4,021	-1,981	12,308	-874	-8,363	7,367	0	-1	-2,274	4,224	5,874	0	-22,288	2,003	0	-43	-6,627	-519	0	0	0	1,471	0	0	0	2,899	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-14	0	100	0	0	0	-100	7,700	-1,100	-1,300	-2,500	-900	1,700	-900	-1,600	0	-500	-100	-500	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-100	-100	0	200	1,000	-500
Change To Liabilities	0	0	0	0	-646	265	800	-208	1,003	-927	1,993	5,306	-780	11,736	-4,060	6,858	13,823	773	-21,424	12,072	-8,880	-14,559	3,478	2,534	11,620	5,386	-4,437	3,679	-3,988	9,030	-7,447	4,755	-6,301	10,047	-26,127	30,720	-8,628	4,133	-9,091	6,009	-3,680	-15,808	12,867	-183	-12,074	12,614	-8,764	-1,340	-6,578	9,116	7,285	-822	1,006	4,233	0	0	1,417	0	0	1,457	2,207	2,732	2,211	0	0	0	0	2,647	0	0	0	0	0	0	0	0	0	0	0	505	436	2	61	612	497	453	269	266	444	266	0	0	0	0	123	86	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-5,398	-5,398	554	12,475	-23,743	2,731	6,346	2,066	8,425	985	3,826	-42,847	6,892	3,505	-1,449	-31,038	4,689	-3,582	3,000	763	1,063	-59,019	31,772	1,423	10,811	-2,740	-4,367	2,961	12,848	-3,814	-22,312	15,604	8,103	-16,260	14,839	-853	5,850	-5,546	-5,271	-1,216	-5,594	-1,758	-2,107	3,841	5,349	1,627	513	2,706	-1,972	1,331	1,235	764	0	0	0	2,545	0	0	0	0	0	0	0	3,242	16	0	0	2,162	1,520	705	0	1,502	253	0	0	610	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-156	-156	4,818	495	3,469	-8,348	1,169	-1,659	-2,331	1,269	2,588	-177	568	1,811	2,628	-1,515	-9,726	4,029	-7,397	803	-8,867	8,033	10,209	-1,318	1,735	-6,395	-8,068	-18,204	-2,404	-6,939	0	0	1,070	0	0	0	-4,817	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	40,090	40,106	115	46,328	178,935	37,407	46,178	47,375	49,074	50,435	46,071	39,394	48,326	9,855	40,347	55,047	39,874	40,089	45,812	37,587	42,438	44,019	42,316	279,043	42,009	39,692	38,914	40,164	39,519	40,102	34,027	136,750	40,505	27,297	26,060	27,779	46,471	24,284	28,888	21,234	22,435	22,428	16,324	33,696	20,679	20,639	16,641	19,721	21,418	12,636	16,631	15,838	16,005	18,925	17,613	13,001	12,101	11,027	9,657	9,961	8,537	4,423	6,431	5,925	3,606	2,402	2,518	2,573	2,105	1,072	1,326	1,006	1,030	898	783	695	867	860	851	762	786	915	930	776	515	634	598	569	525	597	404	330	308	228	270	323	400	200	200	0	100	200	100	0	0	0	0	0	0	0	100	0	100	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	100	0	0	100	100	0	200	300
Dividends Paid	24,649	24,647	24,642	24,629	22,987	22,985	22,975	22,978	19,692	19,682	19,682	19,682	18,370	18,365	18,360	18,356	17,382	17,373	17,363	17,360	16,378	16,376	16,363	16,364	15,709	15,682	15,681	15,680	15,023	15,012	15,011	15,010	14,358	14,341	14,342	14,343	13,691	13,678	13,674	13,674	13,022	13,010	13,009	13,010	8,966	8,949	8,950	8,345	6,114	6,095	6,088	6,089	4,980	4,973	4,627	576	6,371	3,259	3,646	5,396	2,384	2,384	2,384	4,916	1,885	1,870	1,579	1,541	1,300	1,301	1,298	1,296	1,163	1,051	1,050	1,043	779	779	779	779	1,032	1,033	0	1,024	1,354	1,354	894	894	894	894	885	885	885	885	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	104,167	102,901	106,157	126,816	118,586	122,238	280,617	183,707	143,551	160,208	225,916	370,260	381,859	413,116	319,128	93,715	80,504	121,970	119,475	215,996	156,536	117,078	88,750	109,376	98,132	88,395	85,847	88,090	83,988	133,042	116,633	122,863	117,600	104,310	742,849	715,228	675,128	691,411	659,536	646,112	659,289	637,899	664,035	673,103	680,731	302,037	375,456	183,338	95,802	123,401	114,155	125,771	71,409	321,503	324,846	53,650	316,837	307,497	294,566	50,538	55,040	209,813	192,035	183,823	195,652	90,812	82,842	19,168	70,936	73,220	78,449	79,910	79,873	109,484	48,840	46,881	43,366	48,667	44,801	41,667	38,757	35,395	33,486	29,105	28,317	27,001	11,104	8,641	6,926	4,919	4,578	5,782	5,454	4,522	4,647	3,420	3,200	1,200	4,700	5,100	6,400	7,600	5,700	-3,900	4,400	2,200	-1,100	2,200	-100	2,300	-500	1,000	-900	3,700	-500	-600	-1,300	5,500	1,900	-1,600	2,800	1,300	600	-300	-100	1,300	-100	100	100	100	200	-200	200	0	-700	-500	1,400	100
Exchange Rate Changes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	103,766	98,114	105,257	108,655	-105,300	-582,998	120,155	63,333	102,832	-135,115	35,194	58,578	62,384	82,848	43,427	64,261	10,202	66,877	72,257	76,441	58,779	44,634	66,215	103,563	75,630	71,604	64,984	65,157	-32,971	-34,975	29,359	64,779	28,002	-1,298,390	43,817	44,313	-2,709	46,249	31,789	13,277	34,658	-12,541	2,936	6,039	-84,114	-66,493	-43,759	1,986	-118,920	46,174	44,097	40,997	-227,380	9,234	5,974	-218,482	11,693	16,190	8,642	-186,895	-185,486	21,581	7,143	-2,033	1,950	12,849	4,491	-114,289	16,900	-3,847	-811	-31,819	205	6,977	10,435	-3,695	3,309	4,645	3,913	3,651	3,235	2,331	3,562	2,399	2,614	3,085	2,399	1,677	1,980	1,204	-1,345	578	990	746	1,661	1,527	1,000	-8,300	-1,300	-1,400	-1,000	-700	5,800	-3,900	-1,900	-700	-1,100	2,100	-200	-1,000	-500	-700	-900	-900	-500	-500	-900	-200	-500	-400	-400	-100	-200	-300	-300	0	-300	-100	-100	-100	-200	-100	-400	-600	-500	-1,000	3,000	-1,900
Investments	-2	-6	-2,624	-197	-206,371	-678,628	-66	-37,811	-15,397	-7,000	8,651	-33,743	-37,553	61,300	-47,770	-50	-411	496	-810	-4	-3,569	-3,569	2,131	-17,869	-17,869	-17,869	-17,869	0	0	0	4,972	6,933	0	0	11,905	0	0	0	11,905	0	0	0	0	0	0	0	0	0	0	0	-28,574	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issuance Of Capital Stock	0	0	0	0	0	0	33	141	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	125,000	450,000	450,000	450,000	-100,000	100,000	-150,000	-50,000	-75,000	-30,000	200,000	-30,000	-35,000	-50,000	-151,761	-150,000	-150,000	-150,000	-75,180	-75,000	-50,000	-50,000	-53,340	-45,000	-45,000	70,000	-25,062	-51,049	0	350,000	-864	0	0	0	275,000	-1,284	0	0	0	0	0	0	242,623	-173,900	96,100	-33,900	-19,104	18,736	-16,500	-6,500	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	0	0	0
Net Income	62,780	49,499	63,600	64,071	56,700	45,934	71,346	65,962	68,362	70,466	81,920	54,194	59,988	106,674	48,671	38,293	40,414	68,872	25,464	28,594	23,045	11,976	24,008	-154,118	-15,789	26,548	16,837	21,529	27,104	26,955	18,083	-69,498	13,918	-44,941	14,971	25,111	-6,323	18,919	16,933	20,480	10,778	15,281	13,660	6,897	27,558	25,294	20,967	26,952	24,249	26,141	23,272	20,306	20,719	13,002	14,877	-4,928	10,351	9,122	7,059	5,415	21,935	5,749	7,860	6,209	5,290	5,538	5,686	3,439	5,636	4,960	3,566	1,819	2,907	3,057	3,611	2,726	2,618	2,498	2,300	2,951	2,277	1,343	1,621	2,473	1,232	1,426	7,353	1,588	1,386	372	308	359	-158	629	957	1,095	1,000	900	-5,600	-1,100	-800	-1,300	-1,700	-600	-1,700	500	1,100	300	1,100	1,600	900	100	-200	-200	-400	-600	-900	-500	-600	-400	-400	-100	-100	-200	-200	-100	-300	100	-200	-200	-300	-8,000	-200	-400	-1,800	-1,100	2,500	-1,100
Other Cashflows From Financing Activities	-151	-1,725	-1,320	195	201,136	498,244	-212	-329	-442	97,731	-377	-398	-220	-67	199,909	413	1,533	556	219,008	218	837	2,163	2,589	163	22	55	-3,840	194	-2,778	68,660	-364	-51,234	-311	349,420	-1,152	-316	-69	-768	-241	-13,528	-310	-561	-3,633	-754	-270	211	359,161	-1,371	100,584	-3,813	-606	17,900	-2,598	-1,847	758	255,799	3,585	-2,845	45	36	255	3,500	591	105,959	104,696	60	-59,754	75,386	352	-11,751	548	891	-32,114	-5	-11	-26	131	-51	-177	5	-17	-42	648	-648	-1,334	32	15	27	22	22	-2,010	-256	-20	-32	-1,000	-1,000	1,000	2,000	-100	-400	100	-100	100	-2,500	-500	-800	-500	-200	-1,000	-600	-200	0	-600	-500	0	1,900	-400	0	0	-5,000	3,200	0	100	0	0	0	200	200	200	0	300	-100	400	200	-100	200	-400	-500
Other Cashflows From Investing Activities	0	0	0	0	-45	-640	-24	-11	669	-7,733	-90	-33,743	-37,553	-11,643	-47,770	-36,985	-68,139	496	-810	-1,070	-18	-124	-10,458	-2,169	-189	95	2,102	-11,174	-100,735	-90,309	-19,860	-1,303	-24,146	-976,109	-790	-11,161	-32,915	-6,336	-5,336	-31,322	-91	-48,052	-32,543	-61,947	-95,018	-119,934	-83,051	-44,837	-147,812	4,344	-1,850	1,554	-253,136	-24,257	22,691	22,194	21,934	21,870	32,016	27,952	27,938	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	277	0	0	34	122	97	58	31	126	0	0	5	0	22	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	345	609	39,037	-585	-124,925	37,650	46,424	47,620	1,771	51,280	46,358	39,680	48,613	9,966	40,632	55,184	40,159	40,370	49,216	41,605	46,399	47,922	46,164	282,789	45,808	43,148	42,301	43,615	38,434	43,300	38,870	139,322	43,748	30,104	28,686	30,390	49,011	26,757	31,347	23,652	24,815	24,768	18,726	35,961	22,935	22,831	12,410	19,049	19,633	13,964	16,171	16,701	13,256	18,013	13,664	13,911	11,287	9,411	7,443	8,945	-30,838	636	509	325	675	-34	690	374	841	413	221	1,118	-238	238	431	-1	0	0	21	-17	0	0	12	144	72	0	-5,365	0	96	1,075	-104	38	466	91	69	-127	500	-100	4,400	100	-100	100	-300	900	-4,300	0	100	100	0	0	0	-100	100	100	-100	100	-100	300	100	100	0	0	200	-200	-100	100	0	-200	100	0	0	7,600	-200	0	1,200	200	0	-100
Sale Purchase Of Stock	-10	-1,626	0	-397	-9	0	0	0	-12	-909	-40	-10	-26	-1,389	77	-1,510	-324	-2,423	387	235	-245	-1,972	-540	39	-12	-3,529	192	-298	-282	-2,038	-179	-174	-636	-422	-578	-316	-335	-266	559	467	94	-533	-5,385	-759	470,792	1,711	357,023	268,523	100,000	-2,844	0	0	0	0	0	255,000	0	-225	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	-200	-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	0	0	0	0	0	0	0
Stock Based Compensation	2,354	2,763	1,943	2,636	1,779	2,090	2,418	2,124	1,715	1,503	1,494	1,344	1,399	1,493	833	4,644	1,538	2,101	1,107	1,440	1,626	2,444	2,321	1,563	2,022	2,373	3,225	315	2,299	4,144	2,250	2,340	1,222	4,227	1,481	836	375	2,449	1,291	-470	146	1,613	-107	1,908	1,805	2,095	947	1,494	1,868	2,198	1,484	1,803	1,922	1,285	883	2,549	1,937	1,150	651	638	0	636	664	1,630	559	-510	0	0	0	0	891	0	0	238	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-99,820	-101,372	-125,962	-100,228	101,693	425,259	-23,220	-23,166	-120,158	77,140	-170,099	-70,090	-93,616	-49,821	181,626	-49,453	-51,173	-69,240	-167,968	-16,907	-15,786	-16,185	-89,314	-91,162	-65,699	-69,156	-69,329	-60,784	-18,083	51,610	-40,554	-66,418	-14,669	335,079	-15,494	-14,659	-13,184	-14,247	-13,356	-26,735	-13,238	-13,571	-16,642	-13,769	462,829	-7,027	235,907	84,907	90,951	-41,272	-25,798	11,811	-24,078	-13,320	264,725	225,268	-2,417	-25,129	231,322	-5,375	-2,129	1,116	-1,770	-9,778	102,811	-1,810	60,723	73,963	-948	-1,301	-650	-53	2,298	53,667	-960	-290	-649	-779	-779	-779	127	-421	1,241	-1,312	34	12,777	38	0	0	-894	15	0	-53	-876	-994	-979	0	3,800	-200	0	-100	-100	-100	-100	5,700	300	0	100	100	0	0	1,700	0	1,200	0	-100	0	3,800	-100	3,800	3,200	0	700	0	200	1,100	0	0	0	0	0	0	200	0	-200	0	-1,500	1,700
Total Cash From Operating Activities	101,088	98,122	107,927	108,655	101,026	94,990	120,196	101,133	118,898	129,885	120,853	92,234	99,912	94,152	91,557	99,699	78,257	71,239	72,257	77,441	58,831	44,637	77,015	104,575	75,625	71,609	64,984	76,060	69,764	55,108	49,212	66,051	52,105	2,491	43,905	65,920	29,816	52,458	32,116	44,880	34,719	35,487	40,117	68,088	10,883	53,542	39,262	47,466	29,262	46,174	44,606	40,997	27,120	34,234	21,028	-540	11,693	16,190	8,642	-800	619	21,586	10,413	11,595	3,850	13,260	5,581	5,670	5,275	7,822	4,111	7,225	205	6,982	2,931	3,831	3,363	4,696	4,091	3,685	3,252	2,373	3,579	2,402	2,616	3,088	2,410	1,687	1,985	1,213	791	584	1,005	784	1,713	1,715	1,000	-200	-1,300	-900	-900	-600	5,800	-1,300	-1,700	-600	-600	2,300	800	-400	-300	-700	-300	-400	-500	-500	-900	-200	-500	-400	-400	-100	-200	-300	-300	0	-300	-100	-100	-100	-100	-100	-400	-600	-400	-700	3,300	-1,400
Total Cashflows From Investing Activities	0	0	0	0	-206,371	-678,628	-65	-37,811	-15,397	-272,733	-95,098	-33,743	-37,553	49,657	-47,770	-37,035	-68,550	496	-810	-1,074	-3,587	-124	-8,327	-2,169	-189	95	2,102	-11,174	-100,735	-90,309	-14,888	5,630	-24,146	-976,109	-790	-11,161	-32,915	-6,336	-5,336	-31,322	-91	-48,052	-32,543	-61,947	-95,018	-119,934	-83,051	-44,837	-147,812	4,344	-30,424	1,554	-253,136	-24,257	0	0	21,934	21,870	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	32	87	72	44	22	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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.

	2023-06-30	2022-06-30	2021-06-30	2020-06-30	2019-06-30	2018-06-30	2017-06-30	2016-06-30	2015-06-30	2014-06-30	2013-06-30	2012-06-30	2011-06-30	2010-06-30	2009-06-30	2008-06-30	2007-06-30	2006-06-30	2005-06-30	2004-06-30	2003-06-30	2002-06-30	2001-06-30	2000-06-30	1999-06-30	1998-06-30	1997-06-30	1996-06-30	1995-06-30	1994-06-30	1993-06-30	1992-06-30	1991-06-30	1990-06-30	1989-06-30	1988-06-30	1987-06-30	1986-06-30
Cost Of Revenue	280,598	0	283,210	263,148	244,703	249,803	248,661	216,065	132,382	107,256	94,030	84,445	76,438	56,656	1,951	7,743	5,758	5,685	3,689	2,905	1,347	971	1,559	2,561	3,600	2,400	2,300	1,800	1,400	1,400	100	0	1,000	2,900	8,000	5,600	1,300	1,500
Depreciation And Amortization	178,935	0	183,569	175,434	163,056	163,696	159,636	141,108	93,486	91,342	85,020	75,001	67,399	53,793	32,578	18,364	8,269	4,261	3,205	3,314	2,855	2,289	1,271	1,193	500	200	100	200	-100	0	-200	100	200	600	1,200	700	200	2,900
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	-	-	-	-
Ebit	295,828	328,387	306,139	202,332	143,027	168,999	155,244	107,115	119,453	110,770	174,069	161,798	124,013	66,799	30,484	39,724	28,506	13,412	14,498	12,211	8,063	6,257	2,398	3,890	4,400	-4,500	3,400	200	-2,200	0	-700	-1,100	-9,500	-2,200	-6,200	-7,500	-5,500	16,600
Ebitda	474,763	0	489,708	377,766	306,083	332,695	314,880	248,223	212,939	202,112	259,089	236,799	191,412	120,592	63,062	58,088	36,775	17,673	17,703	15,525	10,918	8,546	3,669	5,083	4,900	-4,300	3,500	400	-2,300	-2,300	-900	-1,000	-9,300	-1,600	-5,000	-6,800	-5,300	19,500
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	-	-	-	-
Extraordinary Items	0	0	0	0	0	-30,700	0	0	0	0	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	322,608	0	332,646	235,671	178,353	209,239	192,153	143,725	145,637	129,906	195,194	178,609	140,031	79,909	71,820	58,554	42,599	22,695	21,613	18,448	14,441	11,352	4,404	6,846	-2,600	-1,100	5,900	1,900	-1,200	-1,200	100	100	-600	4,100	-2,300	-900	-600	2,500
Income Before Tax	272,868	0	339,643	192,596	106,577	-104,579	118,866	-21,758	62,244	82,927	137,168	153,019	116,273	43,586	63,214	37,995	30,791	16,451	15,556	12,526	8,637	3,928	1,162	4,034	-18,600	-2,800	4,200	600	-2,300	-2,300	-500	-700	-8,900	-1,800	-4,400	-300	-100	-21,400
Income Tax Expense	32,926	53,223	36,867	-3,654	17,498	14,772	26,441	60,680	9,566	19,455	63,759	54,710	38,974	14,164	21,857	12,050	9,548	5,101	4,102	3,654	1,885	-6,771	23	81	4,000	700	100	-600	-800	-800	100	-300	-300	-500	-800	-3,500	3,000	-6,400
Interest Expense	17,170	0	6,419	9,813	29,650	34,214	36,378	32,625	25,691	23,344	24,780	7,451	7,740	3,809	984	1,729	0	0	0	0	0	0	0	0	8,800	0	0	600	100	0	700	600	8,900	1,500	4,500	400	5,800	0
Interest Income	7,832	0	2,443	2,046	2,320	4,170	9,302	26,574	24,991	0	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	-960	0	12,647	-3,093	-4,746	-6,217	-9,105	-5,289	713	831	4,256	5,833	5,904	7,930	3,009	1,352	1,522	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Net Income	238,982	0	302,532	199,343	93,825	-113,134	101,530	-77,149	51,965	62,641	69,153	92,476	71,395	21,492	38,348	24,043	19,720	11,350	11,454	8,872	6,752	10,699	1,138	3,953	-8,800	-3,500	4,100	600	-1,500	-1,500	-600	-600	-8,900	-1,500	-4,500	-400	-5,800	-15,000
Net Income Applicable To Common Shares	238,982	274,042	302,532	199,343	93,825	-113,134	101,530	-77,149	51,965	62,641	69,153	92,476	71,395	21,492	38,348	19,255	19,720	11,350	11,454	8,872	6,752	10,699	1,138	3,953	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Net Income From Continuing Ops	239,942	0	302,776	196,250	89,079	-119,351	92,425	-82,438	52,678	63,472	73,409	98,309	77,299	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Net Interest Income	-9,338	0	-3,976	-7,767	-27,330	-30,044	-27,076	-28,914	0	0	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	2,443	2,046	2,320	4,170	9,302	3,711	883	2,132	2,902	3,836	5,088	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	563	6,531	7,158	0	0	98,588	28,339	31,335	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	283,709	0	337,602	198,945	140,707	-74,535	145,942	4,816	87,235	108,720	171,167	156,634	118,925	41,035	27,292	32,982	28,506	13,412	14,662	12,211	8,222	5,085	928	3,884	-9,400	-3,700	3,800	200	-2,200	-2,200	-700	-900	-9,200	-2,000	-5,300	-3,900	-2,800	-2,400
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	-	-	-	-
Other Operating Expenses	315,210	0	312,160	298,533	282,349	294,213	294,872	256,386	159,449	128,442	118,057	105,092	97,544	76,126	46,479	33,315	19,851	14,968	10,640	9,142	7,567	7,238	4,545	5,522	5,800	5,000	4,400	3,500	2,400	2,400	900	1,000	9,600	9,000	11,000	8,600	3,500	6,400
Preferred Stock And Other Adjustments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Reconciled Depreciation	178,935	0	183,569	175,434	163,056	163,696	159,636	0	0	0	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	563	0	0	8,946	12,861	8,601	2,194	0	0	0	0	0	0	0	0	0	0	1,392	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Selling And Marketing Expenses	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	205	957	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Selling General Administrative	34,612	0	28,387	30,195	30,488	35,464	33,350	31,720	24,873	21,186	24,027	20,647	21,106	19,470	7,352	7,208	5,824	5,022	3,541	1,966	3,365	3,978	1,716	1,768	1,700	2,400	2,000	1,500	1,700	0	0	0	0	0	-	-	-	-
Tax Provision	32,926	0	36,867	-3,654	17,498	14,772	26,441	60,680	9,566	0	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	34,612	0	28,950	35,385	37,646	44,410	46,211	40,321	27,067	21,186	24,027	20,647	21,106	19,470	44,528	25,572	14,092	9,283	6,951	6,237	6,220	6,267	2,986	2,962	2,200	2,600	2,100	1,700	1,000	1,000	800	1,000	8,600	6,100	3,000	3,000	2,200	4,900
Total Other Income Expense Net	-5,790	0	39,923	77	-6,800	-239,364	-27,076	-96,248	-31,518	-4,499	-12,121	-1,328	-2,652	-19,404	33,714	-665	2,284	3,039	164	315	158	-1,172	-980	-5	-9,200	800	400	400	100	-100	200	200	300	200	900	3,600	2,700	-19,000
Total Revenue	603,206	0	615,856	498,819	423,056	459,042	440,814	359,790	278,019	237,162	289,224	263,054	216,469	136,565	73,771	66,297	48,357	28,380	25,302	21,353	15,788	12,323	5,963	9,407	1,000	1,300	8,200	3,700	200	200	200	100	400	7,000	5,700	4,700	700	4,000

	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31	1999-09-30	1999-06-30	1999-03-31	1998-12-31	1998-09-30	1998-06-30	1998-03-31	1997-12-31	1997-09-30	1997-06-30	1997-03-31	1996-12-31	1996-09-30	1996-06-30	1996-03-31	1995-12-31	1995-09-30	1995-06-30	1995-03-31	1994-12-31	1994-09-30	1994-06-30	1994-03-31	1993-12-31	1993-09-30	1993-06-30	1993-03-31	1992-12-31	1992-09-30	1992-06-30	1992-03-31	1991-12-31	1991-09-30	1991-06-30	1991-03-31	1990-12-31	1990-09-30	1990-06-30	1990-03-31	1989-12-31	1989-09-30	1989-06-30	1989-03-31	1988-12-31	1988-09-30	1988-06-30	1988-03-31	1987-12-31	1987-09-30	1987-06-30	1987-03-31	1986-12-31	1986-09-30	1986-06-30	1986-03-31	1985-12-31	1985-09-30
Cost Of Revenue	63,235	63,128	63,053	73,337	76,424	62,101	69,224	72,848	76,531	79,895	74,848	64,600	74,205	69,557	67,027	74,040	62,157	59,924	67,007	59,449	57,878	60,370	65,228	61,447	62,473	60,654	59,963	62,972	62,466	63,261	54,842	57,042	63,975	40,205	37,301	36,260	28,245	30,576	32,595	25,268	25,208	24,183	22,663	24,071	23,317	23,978	76,755	22,314	24,365	19,371	355	2,601	3,131	558	2,518	1,894	4,466	2,086	1,565	1,886	1,576	1,521	1,762	1,823	2,747	1,476	1,908	1,391	1,373	1,086	1,430	1,686	1,644	924	892	793	519	459	420	419	347	335	283	482	315	360	247	263	243	341	486	355	375	343	394	577	1,000	700	1,100	800	800	1,000	600	500	800	700	600	500	700	500	1,700	0	0	0	1,200	1,000	0	800	1,000	200	400	0	0	0	0	0	0	0	0	0	200	400	100	0	-100	200	1,900	900	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation And Amortization	40,090	40,106	38,413	46,328	49,196	37,763	43,988	47,988	49,074	50,611	48,028	41,296	47,945	46,300	45,396	51,228	40,096	38,714	42,330	39,368	38,807	42,551	42,316	39,679	42,009	39,692	39,851	40,164	39,519	40,102	35,391	38,162	40,408	27,147	26,213	24,783	20,278	22,212	24,666	21,605	22,671	22,400	20,751	21,649	21,120	21,500	16,641	19,721	21,418	17,221	16,631	15,838	16,005	18,925	17,613	13,001	12,101	11,078	9,657	9,961	8,537	4,423	6,431	5,925	3,606	2,402	2,518	2,573	2,105	1,072	1,326	1,006	1,030	898	783	695	867	860	851	762	786	915	930	776	515	634	598	569	525	597	404	330	308	228	270	323	400	200	200	-100	100	200	100	-500	700	-100	-100	200	-100	-100	100	500	100	0	-200	-100	100	100	0	-100	-100	100	200	-100	0	100	200	0	-100	-100	100	100	-100	100	100	200	200	300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Ebit	79,690	67,998	74,546	88,318	79,908	65,345	69,023	81,551	84,747	88,226	86,643	71,790	77,979	69,727	46,342	52,901	53,533	49,556	41,953	43,700	31,936	25,436	37,004	47,681	41,607	42,709	33,864	37,277	41,969	42,448	29,425	29,975	27,559	21,450	27,737	32,585	24,776	31,359	27,016	30,451	23,084	25,932	32,560	43,061	50,694	47,756	37,146	43,369	39,909	41,629	35,257	32,633	33,890	22,234	39,918	15,971	15,351	12,507	10,296	8,194	2,553	8,464	11,772	10,717	6,389	7,066	8,346	5,691	7,844	6,637	4,371	1,743	3,253	4,046	4,936	3,441	2,789	3,333	3,612	3,855	2,921	1,823	1,168	3,527	1,599	1,928	507	1,621	1,606	2,524	68	378	1,230	580	1,163	1,206	1,000	500	8,500	-1,100	-1,100	-1,500	-2,900	-1,100	-1,100	400	1,100	100	1,000	1,400	-2,700	400	-400	0	-500	-300	-1,000	-700	0	-400	-200	-200	-500	0	0	-200	-700	0	-100	0	-400	-7,900	-300	-500	-1,700	-1,500	2,000	-1,100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Ebitda	119,780	108,104	112,959	134,646	129,104	103,108	113,011	129,539	133,821	138,837	134,671	113,086	125,924	116,027	91,738	104,129	93,629	88,270	84,283	83,068	70,743	67,987	79,320	87,360	83,616	82,401	73,715	77,441	81,488	82,550	64,816	68,137	67,967	48,597	53,950	57,368	45,054	53,571	51,682	52,056	45,755	48,332	53,311	64,710	71,814	69,256	53,787	63,090	61,327	58,850	51,888	48,471	49,895	41,159	57,531	28,972	27,452	23,585	19,953	18,155	11,090	12,887	18,203	16,642	9,995	9,468	10,864	8,263	9,950	7,709	5,697	2,749	4,283	4,944	5,719	4,136	3,656	4,193	4,463	4,617	3,707	2,738	2,098	4,303	2,114	2,562	1,105	2,190	2,131	3,121	472	709	1,538	809	1,433	1,529	1,400	700	8,700	-1,200	-1,000	-1,300	-2,800	-1,600	-400	300	1,000	200	900	1,300	-2,600	900	-300	-200	-700	-1,300	-900	-600	-600	-500	-300	-100	-300	-100	-200	-100	-500	0	-200	-100	-300	-7,800	-400	-400	-1,600	-1,300	2,200	-800	-10,300	1,300	2,500	1,100	-7,200	800	1,900	300	-5,400	2,500	600	800	-5,700	700	1,300	1,500
Effect Of Accounting Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Extraordinary Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross Profit	89,431	75,489	80,989	97,055	86,556	69,328	77,217	89,507	91,990	94,536	93,179	77,989	84,155	77,323	52,939	62,397	61,486	58,850	48,687	50,329	39,714	39,622	51,007	54,536	51,875	51,822	48,971	44,000	44,495	54,686	39,288	36,445	34,143	33,851	36,279	37,850	33,059	38,450	37,547	32,480	27,577	32,304	34,663	50,095	56,553	53,884	-16,645	47,324	44,477	45,094	58,915	52,945	53,185	44,780	38,152	33,149	30,274	24,027	20,707	18,911	13,046	14,558	19,902	16,908	11,963	11,027	12,456	9,818	11,482	8,842	6,786	4,075	5,931	5,903	6,586	5,076	5,512	5,465	5,648	5,602	4,736	3,846	3,422	5,106	2,802	3,006	3,214	2,878	2,646	2,491	1,088	1,091	1,030	1,194	1,582	1,815	2,000	1,300	-900	-700	-500	-600	-1,200	-400	-700	1,100	2,000	500	1,400	2,000	-100	800	500	700	-1,100	-1,000	100	-600	-1,000	-100	-300	200	0	100	100	200	0	100	100	100	-500	-100	0	100	200	0	3,400	600	700	1,300	2,500	1,100	1,400	800	1,900	300	-1,900	2,500	600	800	700	700	1,300	1,500
Income Before Tax	76,319	60,251	65,629	79,942	69,279	56,887	65,434	81,266	82,342	86,494	87,455	71,872	76,019	104,297	48,717	46,994	51,538	45,347	31,607	37,982	20,895	16,091	28,736	-199,977	32,573	34,092	24,554	28,023	32,146	34,143	23,108	-77,760	18,660	14,236	21,365	26,152	-8,152	22,878	21,255	24,461	17,089	20,123	26,357	25,183	43,874	41,755	34,380	41,817	38,300	38,522	33,605	30,647	32,092	19,929	18,435	-2,186	15,185	12,152	12,455	7,948	33,696	9,115	12,610	10,387	7,672	8,572	9,049	5,478	8,186	7,539	5,257	2,497	4,236	4,462	5,232	3,621	3,268	3,435	3,659	3,991	2,992	1,883	-8,954	3,597	1,683	1,966	513	1,620	1,414	380	314	366	-161	642	977	1,166	1,000	900	-15,500	-1,000	-600	-1,000	-900	-600	-1,800	500	1,200	200	1,100	1,500	1,100	100	-200	-200	-300	-200	-800	-500	-600	-300	-400	-100	-100	-200	-200	-100	-300	0	-200	-200	-200	-8,000	-200	-400	-1,800	-1,200	2,200	-900	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income Tax Expense	13,356	10,752	2,029	15,871	12,579	10,954	-5,911	15,304	13,980	16,028	5,535	17,679	16,031	-2,377	46	8,702	11,124	-23,525	6,143	9,388	-2,148	4,115	4,728	-45,859	48,360	7,544	7,717	6,492	5,044	7,188	5,025	-8,262	4,740	59,177	6,394	1,041	-1,827	3,959	4,322	3,980	6,311	4,842	12,697	18,286	16,315	16,461	13,413	14,864	14,051	12,381	10,333	10,339	11,374	6,927	3,558	2,742	4,833	3,030	4,197	2,534	11,998	3,129	3,965	3,358	2,229	2,776	2,904	1,686	2,551	2,408	1,690	678	1,328	1,404	1,621	895	649	937	1,359	1,041	715	540	-230	1,124	450	541	-6,839	32	28	8	6	7	-3	13	20	23	-1,000	-200	4,400	100	200	300	-200	600	-100	-500	100	-100	-1,100	-100	-1,700	-100	300	200	100	600	800	500	600	200	400	100	100	200	200	100	300	0	200	200	300	8,000	200	-100	100	-100	-400	100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expense	6,000	7,285	8,408	9,175	6,060	8,814	1,398	898	879	1,908	1,145	1,820	1,578	1,875	2,674	2,088	2,217	2,834	6,864	7,499	7,410	7,877	8,268	8,294	9,034	8,617	9,310	9,254	9,823	8,305	8,657	8,762	8,899	7,214	6,189	6,433	6,358	6,712	5,761	5,990	5,995	5,809	6,203	5,757	6,820	6,001	2,766	1,552	1,609	1,779	1,652	1,986	1,797	2,305	2,079	1,210	166	355	55	246	357	0	0	330	0	374	0	670	0	0	0	62	34	0	0	22	29	29	0	6	29	29	0	29	38	0	0	0	0	31	0	0	0	0	0	0	1,000	900	5,600	1,100	800	1,300	1,700	1,100	1,100	400	1,100	100	1,000	1,400	900	400	300	200	500	1,300	900	600	0	400	300	200	300	100	200	200	500	0	100	100	300	7,900	300	400	1,800	1,300	2,500	1,100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Income	2,604	2,436	2,650	2,263	2,167	3,571	1,118	975	791	819	676	733	613	421	425	620	226	775	1,231	5,219	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-183	-162	-151	-196	-327	-141	-205	-287	-199	290	12,647	167	99	-265	-343	-262	-907	-1,581	-993	-178	-543	-3,032	-2,644	-468	-1,022	-2,083	-3,183	-2,130	-960	-2,832	-2,358	-1,842	-1,194	105	154	97	223	239	296	338	111	86	2,958	433	342	523	395	954	838	3,646	1,584	743	2,406	1,171	4,372	825	737	1,996	1,199	1,273	300	237	670	140	322	220	458	354	539	171	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	62,779	49,337	63,449	63,875	56,373	45,792	71,140	65,675	68,163	70,176	81,677	54,026	59,889	106,939	49,014	38,554	41,321	70,453	26,457	28,772	23,586	15,008	26,652	-153,650	-14,765	28,631	20,021	23,661	28,062	29,787	20,440	-67,656	15,114	-45,046	14,817	25,014	-6,548	18,680	16,637	20,143	10,667	15,195	10,703	6,464	27,217	24,771	20,572	25,999	23,411	22,495	21,688	19,565	18,312	11,831	10,505	-5,754	9,615	7,126	7,059	4,142	21,397	5,749	7,860	6,889	4,610	5,538	5,686	3,439	5,636	4,960	3,566	1,819	2,907	3,057	3,611	2,726	2,618	2,498	2,300	2,951	2,277	1,343	1,621	2,473	1,232	1,426	7,353	1,588	1,386	372	308	359	-158	599	957	1,142	1,000	900	-5,600	-1,100	-800	-1,300	-1,700	-600	-1,700	500	1,100	300	1,100	1,600	900	100	-300	-200	-400	-600	-800	-500	-600	-500	-400	-100	-100	-200	-200	-100	-300	0	-200	-200	-300	-8,000	-200	-400	-1,800	-1,100	2,500	-1,100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income Applicable To Common Shares	0	0	0	0	56,373	45,792	71,140	65,675	68,163	70,176	81,677	54,026	59,889	106,939	49,015	38,554	41,321	70,453	26,459	28,772	23,586	15,008	26,650	-153,650	-14,765	28,631	20,020	23,661	28,062	29,787	20,439	-67,656	15,114	-45,046	14,819	25,014	-6,548	18,680	16,637	20,143	10,667	15,195	10,701	6,464	27,217	24,771	20,571	25,999	23,411	22,495	21,687	19,565	18,312	11,831	10,505	-9,614	9,614	7,126	7,059	4,143	21,397	5,749	7,006	3,305	3,406	5,538	5,686	3,438	5,636	4,960	3,566	1,819	2,908	3,057	3,611	2,726	2,619	2,498	2,301	2,950	2,278	1,343	1,621	2,473	1,232	1,426	7,353	1,588	1,386	372	308	359	-629	629	958	1,142	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	62,962	49,499	63,600	64,071	56,700	45,933	71,345	65,962	68,362	70,466	81,920	54,193	59,988	106,674	48,672	38,292	40,414	68,872	25,466	28,594	23,043	11,976	24,006	-154,118	-15,787	26,548	16,837	21,531	27,102	26,955	18,081	-69,498	13,920	-44,941	14,973	25,111	-6,325	18,919	16,932	20,481	10,778	15,281	13,659	6,897	27,559	25,294	20,966	26,953	24,249	26,141	27,591	19,565	18,312	11,831	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-3,396	-4,849	-5,758	-6,912	-3,893	-5,243	-280	77	-88	-1,089	-469	-1,087	-965	-1,454	-2,249	-1,468	-1,991	-2,059	-5,633	-7,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non Operating Income Net Other	0	0	0	0	0	0	0	0	0	819	676	733	613	421	425	620	226	775	1,231	499	487	103	755	1,781	645	989	-1,069	1,326	7,488	1,557	0	3,060	386	265	169	435	228	51	62	1,788	130	152	2,634	129	29	110	38	476	489	2,833	623	756	2,285	1,424	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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	563	1,826	565	1,514	2,626	1,624	330	842	4,362	-2,393,640	3,590,460	-1,436,184	239,364	0	0	0	0	0	98,588	0	0	31,335	0	26,570	1,769	31,335	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	79,690	65,562	71,896	86,055	73,454	61,774	67,905	80,576	83,956	87,407	85,967	71,057	77,366	103,212	44,576	52,281	53,307	48,781	40,722	43,201	31,449	25,333	36,250	-193,464	40,962	41,720	34,618	35,951	34,481	40,891	28,518	-72,058	27,173	21,185	27,568	32,150	-2,022	29,539	31,454	28,614	22,916	25,738	29,926	42,932	50,665	47,646	37,108	42,893	39,420	37,468	34,633	31,877	31,604	20,810	39,918	-1,231	15,201	10,754	9,302	7,139	2,387	8,464	11,772	9,002	6,389	7,066	8,346	5,691	7,836	6,634	4,371	1,743	3,253	4,046	4,936	3,441	2,952	3,333	3,612	3,855	2,921	1,823	1,168	3,527	1,599	1,928	507	1,621	1,510	1,448	68	378	-241	580	944	1,206	1,000	700	-5,800	-1,100	-1,100	-1,500	-1,900	-1,100	-1,100	400	1,100	100	1,000	1,400	-800	400	-300	-200	-500	-1,300	-900	-600	-1,300	-400	-300	-100	-300	-100	-200	-100	-500	-100	-200	-100	-300	-7,900	-300	-500	-1,700	-1,300	2,100	-1,000	-10,300	1,300	2,500	1,100	-7,200	800	1,900	300	-5,400	2,500	600	800	-5,700	700	1,300	1,500
Other Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	72,976	73,055	72,146	84,337	85,239	69,655	78,536	81,779	84,565	87,024	82,060	71,532	80,994	77,574	74,049	84,156	70,336	69,993	74,972	66,577	66,143	74,659	79,985	70,083	73,386	70,756	74,316	71,021	72,480	77,056	65,612	66,572	70,945	52,871	46,012	41,960	36,756	37,718	38,688	29,134	29,869	30,749	27,400	31,234	29,205	30,216	23,002	26,745	29,422	25,669	24,637	23,669	24,712	24,528	4,954	19,328	19,539	15,359	12,970	13,658	12,235	7,615	9,892	9,729	8,321	5,437	6,019	5,518	5,019	3,295	3,846	4,018	4,322	2,782	2,542	2,428	3,080	2,591	2,455	2,166	2,163	2,358	2,537	2,061	1,519	1,438	2,955	1,520	1,380	1,383	1,506	1,068	1,156	958	1,032	1,186	2,000	1,300	1,400	1,200	1,400	1,900	1,300	1,200	1,200	1,400	1,500	900	1,100	1,100	2,400	400	800	900	600	1,300	1,000	800	1,300	500	400	200	300	200	300	200	500	100	100	200	0	8,200	400	600	1,800	1,500	3,200	2,500	11,000	-	-	-	8,600	-	-	-	3,500	-	-	-	6,400	-	-	-
Preferred Stock And Other Adjustments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	40,090	40,106	38,413	46,328	49,196	37,763	43,988	47,988	49,074	50,611	48,028	41,296	47,945	46,300	45,396	51,228	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	8,537	4,423	6,431	5,925	3,606	2,402	2,518	2,573	2,105	1,072	1,326	1,006	1,030	898	783	695	867	860	851	762	786	915	930	776	515	634	598	569	525	597	404	330	308	228	270	323	400	200	200	0	100	200	100	0	0	0	0	0	0	0	100	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	100	0	0	100	100	0	200	300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Research Development	0	0	0	0	0	0	0	0	0	0	563	0	0	0	0	0	0	0	0	0	0	0	3,849	536	1,358	3,203	4,450	2,647	2,476	3,288	2,465	1,851	1,129	3,156	2,039	155	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1,105	0	0	0	988	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling And Marketing Expenses	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	5,604	0	0	0	0	0	0	0	4,232	0	0	0	2,606	0	0	0	2,674	43	707	456	0	151	251	522	0	326	151	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	9,741	9,927	9,093	11,000	8,815	7,554	9,312	8,931	8,034	7,129	7,212	6,932	6,789	7,454	6,537	9,551	6,665	7,443	6,341	6,798	7,423	9,927	10,909	8,100	9,555	6,899	9,903	5,402	7,538	10,507	8,304	7,679	5,841	9,510	6,672	5,545	8,511	7,142	6,093	3,866	4,661	6,566	4,737	7,163	5,888	6,238	4,607	4,431	5,057	6,298	10,270	3,182	3,930	3,724	3,984	3,444	2,972	2,195	7,352	1,812	2,122	1,671	1,699	1,981	1,968	1,557	5,824	1,565	1,532	1,134	3,695	1,326	1,648	960	3,541	914	987	816	207	834	779	586	1,324	476	538	444	2,109	689	612	446	400	457	473	386	368	371	700	400	100	400	500	700	600	700	400	700	800	400	400	600	600	300	700	900	600	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax Provision	13,356	10,752	2,029	15,871	12,579	10,954	-5,911	15,304	13,980	16,028	5,535	17,679	16,031	-2,377	46	8,702	11,124	-23,525	6,143	9,388	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	9,741	9,927	9,093	11,000	8,815	7,554	9,312	8,931	8,034	7,129	7,212	6,932	6,789	8,017	7,022	10,116	8,179	10,069	7,965	7,128	8,265	14,289	14,757	8,636	10,913	10,102	14,353	8,049	10,014	13,795	10,770	9,530	6,970	12,666	8,711	5,700	8,511	7,142	6,093	3,866	4,661	6,566	4,737	7,163	5,888	6,238	-53,753	4,431	5,057	6,298	24,282	21,068	21,581	23,970	2,436	17,434	15,073	13,273	11,405	11,772	10,659	6,094	8,130	7,906	5,574	3,961	4,111	4,127	3,646	2,209	2,415	2,332	2,678	1,858	1,650	1,635	2,560	2,132	2,036	1,747	1,816	2,023	2,254	1,579	1,203	1,078	2,708	1,258	1,137	1,042	1,020	713	781	614	638	609	1,000	600	300	400	600	900	700	700	400	700	900	400	400	600	700	400	800	900	-600	300	1,000	0	300	300	0	200	200	200	300	200	500	100	100	200	-200	7,800	300	600	1,900	1,300	1,300	1,600	-11,000	-	-	-	-8,600	-	-	-	-3,500	-	-	-	-6,400	-	-	-
Total Other Income Expense Net	-3,371	-462	-509	799	-4,569	356	-2,191	613	-1,526	176	1,957	1,902	-382	36,445	5,049	-3,819	222	-1,375	-3,482	1,781	-3,631	-1,468	-7,514	-239,364	-8,389	-7,628	-10,064	-7,928	-2,335	-6,748	2,340	-98,973	-8,513	-6,949	-183	-5,998	-26,570	-1,769	-10,199	-4,153	-5,827	-5,615	-3,569	-12,121	-6,791	-5,891	-2,728	-1,076	-1,120	-1,328	-1,028	-1,230	488	-881	-21,483	-16,946	-16	1,398	2,214	809	31,500	651	-115	1,385	-511	-38	703	-213	350	905	886	754	983	416	295	0	164	102	47	137	72	60	-10,122	70	84	38	7	0	-96	-1,075	246	-12	-980	62	-218	67	-100	200	-9,700	100	500	500	1,000	500	-700	100	100	100	100	100	1,900	-400	100	200	200	100	100	100	1,300	100	-100	100	200	-100	200	100	200	0	-100	-100	100	-100	100	100	-100	100	100	100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Revenue	152,666	138,617	144,042	170,392	162,980	131,429	146,441	162,355	168,521	174,431	168,027	142,589	158,360	146,880	119,966	136,437	123,643	118,774	115,694	109,778	97,592	99,992	116,235	115,983	114,348	112,476	108,934	106,972	106,961	117,947	94,130	93,487	98,118	74,056	73,580	74,110	61,304	69,026	70,142	57,748	52,785	56,487	57,326	74,166	79,870	77,862	60,110	69,638	68,842	64,465	59,270	55,546	56,316	45,338	40,670	35,043	34,740	26,113	22,272	20,797	14,622	16,079	21,664	18,731	14,710	12,503	14,364	11,209	12,855	9,929	8,216	5,761	7,575	6,828	7,478	5,869	6,032	5,924	6,067	6,021	5,083	4,181	3,705	5,588	3,117	3,366	3,461	3,141	2,889	2,832	1,574	1,446	1,405	1,538	1,976	2,392	3,000	2,000	200	100	300	400	-600	100	100	1,800	2,600	1,000	2,100	2,500	1,600	800	500	700	100	300	100	200	0	100	100	200	0	100	100	200	0	100	100	100	-300	300	100	100	100	200	5,300	1,500	700	1,300	2,500	1,100	1,400	800	1,900	300	-1,900	2,500	600	800	700	700	1,300	1,500

Latest Income Statement (annual, 2023-06-30)

Gross Profit (+$)
totalRevenue	603,206
Cost of Revenue	-280,598
Gross Profit	322,608	322,608

Operating Income (+$)
Gross Profit	322,608
Operating Expense	-34,612
Operating Income	283,709	287,996

Operating Expense (+$)
Research Development	0
Selling General Administrative	34,612
Selling And Marketing Expenses	0
Operating Expense	34,612	34,612

Net Interest Income (+$)
Interest Income	7,832
Interest Expense	-17,170
Other Finance Cost	-0
Net Interest Income	-9,338

Pretax Income (+$)
Operating Income	283,709
Net Interest Income	-9,338
Other Non-Operating Income Expenses	0
Income Before Tax (EBT)	272,868	289,499 EBIT - interestExpense = 278,658 271,908 256,152
Interest Expense	17,170
Earnings Before Interest and Taxes (EBIT)	295,828	290,038
Earnings Before Interest and Taxes (EBITDA)	474,763

After tax Income (+$)
Income Before Tax	272,868
Tax Provision	-32,926
Net Income From Continuing Ops	239,942	239,942
Net Income	238,982
Net Income Applicable To Common Shares	238,982

Non-recurring Events
Discontinued Operations	0
Extraordinary Items	0
Effect of Accounting Charges	0
Other Items	0
Non Recurring	0
Other Operating Expenses	315,210
Total Other Income/Expenses Net	-5,790	9,338

Technical Analysis of Royal Gold Inc
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 Royal Gold Inc. The general trend of Royal Gold Inc is BULLISH 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 Royal Gold Inc'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 Royal Gold Inc.

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

Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 126.25 < 126.28 < 126.37.

The bearish price targets are: 116.61 > 114.54 > 111.44.

Tweet this

Royal Gold Inc 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 Royal Gold Inc. The current mas is .

The long score for the Moving Averages is 13/14.
The longshort score for the Moving Averages is 12/(-14 +14).

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

Directionalities and relatives.

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

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

Shows the moving average of the selected period.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

There are various kinds of moving averages:

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

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

Simple moving average

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

Source: Tradingview.com

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

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

Exponential moving average

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

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

Where:

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

Smoothed moving average

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

Linear weighted moving average

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

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

Where:

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

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

Source: Tradingview.com

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

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

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

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

Royal Gold Inc 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 Royal Gold Inc. The current macd is 1.97637563.

The long score for the Moving Average Convergence/Divergence (MACD) is 2/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 0/(-4 +4).

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

Royal Gold Inc 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 Royal Gold Inc. The current adx is 24.51.

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

PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Royal Gold Inc shares, leading to potential upward 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.

Royal Gold Inc 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 Royal Gold Inc. The current sar is 118.15.

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

Royal Gold Inc Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

Leading momentum indicator, meaning the signals are instant.
Ranges between 0 and 100.
Above 70 is considered overbought.
Below 30 is considered oversold.
Above or below 50 can also be used to determine price trend or support and resistance.
RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Royal Gold Inc. The current rsi is 59.77. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
Trending down: The RSI is trending down. -1

Measures the speed and change of price movements.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

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

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

Original usage

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

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

How you can use RSI (Divergence)

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

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

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

Source: Tradingview.com

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

Use tradingview to add indicators

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

Tradingview

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

View tool on Tradingview.com

RSI divergence

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

There are four types of divergences:

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

Regular bullish divergence

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

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

Source: Tradingview.com

Regular bearish divergence

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

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

Source: Tradingview.com

Hidden bullish divergence

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

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

Source: Tradingview.com

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

Hidden bearish divergence

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

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

Source: Tradingview.com

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

Royal Gold Inc 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 Royal Gold Inc. The current phase is Overbought in bull market.

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

STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
STOCH > 80: The STOCH %K is above 80 and overbought. +2
STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Royal Gold Inc price going up in the near term. +2
Trending up: The STOCH %K is trending up. +1

Royal Gold Inc 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 Royal Gold Inc. The current cci is 92.29.

Royal Gold Inc 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 Royal Gold Inc. The current cmo is 21.73.

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

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

Royal Gold Inc 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 Royal Gold Inc. The current willr is -14.48087432.

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

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

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 Royal Gold Inc.

Royal Gold Inc 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 Royal Gold Inc. The current atr is 3.19687767.

Royal Gold Inc Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

Measures market volatility

Leading momentum indicator
Calculation:
- If the closing price is above the previous closing price: OBV = previous OBV + current volume
- If the closing price is below the previous closing price: OBV = previous OBV - current volume
- If the closing price is the same as the previous closing price than the OBV is the same.
Can be used to confirm price trends
Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Royal Gold Inc. The current obv is 17,119,234.

Royal Gold Inc 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 Royal Gold Inc. The current mfi is 53.88.

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

MFI > 50: +1

Royal Gold Inc Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

Type	Notification	Date
Currently no notifications for Royal Gold Inc.

6.2. Trading Signals

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

Date	Indicator	Signal
2023-12-07	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-08	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-12	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).
2023-12-13	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-12-14	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2023-12-15	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-18	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-19	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2023-12-20	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-21	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-22	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2023-12-26	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2023-12-27	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2023-12-28	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-02	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-01-03	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
2024-01-05	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-08	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-01-09	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-11	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-12	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2024-01-16	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-17	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	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
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-01-19	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-23	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-01-24	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-01-25	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2024-01-29	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-30	STOCH	LONG EXIT		The %K line crosses below the %D line.
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-02-01	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-02	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-02-05	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-06	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-08	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-12	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-13	STOCH	LONG EXIT		The %K line crosses below the %D line.
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-02-14	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-15	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
2024-02-16	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2024-02-20	STOCH	LONG EXIT		The %K line crosses below the %D line.
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-02-21	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
2024-02-23	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-26	STOCH	LONG EXIT		The %K line crosses below the %D line.
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-02-29	RSI	LONG ENTRY	SHORT CLOSE	30 crossover to upside
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-01	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-03-04	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-03-06	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-03-08	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2024-03-11	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-13	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-03-14	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-18	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-03-19	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
2024-03-20	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-03-21	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-03-25	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-03-26	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-03-27	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	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
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-04-01	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-04-03	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-04	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-04-05	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-08	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-04-09	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-10	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-04-15	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
2024-04-16	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.
2024-04-19	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-22	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).
2024-04-24	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-04-26	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

6.3. Candlestick Patterns

Date	Candlestick Pattern

6.4. Technical Score

Let's check the technical score of Royal Gold Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	59.767
Ma 20	Greater than	Ma 50	122.455
Ma 50	Greater than	Ma 100	115.082
Ma 100	Greater than	Ma 200	116.264
Open	Greater than	Close	124.640
Total			4/5 (80.0%)

Create your own Symbol Scanner

Get notifications about Royal Gold Inc

I send you an email if I find something interesting about Royal Gold Inc.

Royal Gold Inc Buy, Hold or Sell?

Let's analyse Royal Gold Inc together

Get notifications about Royal Gold Inc

Quick analysis of Royal Gold Inc (30 sec.)

What can you expect buying and holding a share of Royal Gold Inc? (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 Royal Gold Inc (5 min.)

$124.26

$44.13

$13.64 - $34.46

$57.76 - $78.59

2. Growth of Royal Gold Inc (5 min.)

Is Royal Gold Inc growing?

How much money is Royal Gold Inc making?

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

3. Financial Health of Royal Gold Inc (5 min.)

4. Comparing to competitors in the Gold industry (5 min.)

Industry Rankings (Gold)

What can you expect buying and holding a share of Royal Gold Inc? (5 min.)

What can you expect buying and holding a share of Royal Gold Inc?

Speculation

Investing

How much money are you going to get?

When do you get the money?

How sure are you?

Linear %

Fundamentals of Royal Gold Inc

About Royal Gold Inc

Financial Health

Valuation

1.1. Profitability of Royal Gold Inc.

1.1. Profitability

1.1.1. Net Profit Margin

Trends

Compared to industry (Gold)

1.1.2. Return on Assets

Trends

Compared to industry (Gold)

1.1.3. Return on Equity

Trends

Compared to industry (Gold)

1.2. Operating Efficiency of Royal Gold Inc.

1.2. Operating Efficiency

1.2.1. Operating Margin

Trends

Compared to industry (Gold)

1.2.2. Operating Ratio

Trends

Compared to industry (Gold)

1.3. Liquidity of Royal Gold Inc.

1.3. Liquidity

1.3.1. Current Ratio

Trends

Compared to industry (Gold)

1.3.2. Quick Ratio

Trends

Compared to industry (Gold)

1.4. Solvency of Royal Gold Inc.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Trends

Compared to industry (Gold)

1.4.2. Debt to Equity Ratio

Trends

Compared to industry (Gold)

2. Market Valuation of Royal Gold Inc

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

Trends

Compared to industry (Gold)

Royal Gold Inc
Buy, Hold or Sell?