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RWE AG
Buy, Hold or Sell?

Let's analyse RWE AG together

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

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

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Quick analysis of RWE AG (30 sec.)










What can you expect buying and holding a share of RWE AG? (30 sec.)

How much money do you get?

How much money do you get?
€1.95
When do you have the money?
1 year
How often do you get paid?
32.5%

What is your share worth?

Current worth
€45.81
Expected worth in 1 year
€46.25
How sure are you?
60.0%

+ What do you gain per year?

Total Gains per Share
€2.24
Return On Investment
6.4%

For what price can you sell your share?

Current Price per Share
€35.03
Expected price per share
€29.39 - €40.37
How sure are you?
50%

1. Valuation of RWE AG (5 min.)




Live pricePrice per Share (EOD)

€35.03

Intrinsic Value Per Share

€-233.43 - €-20.41

Total Value Per Share

€-187.62 - €25.40

2. Growth of RWE AG (5 min.)




Is RWE AG growing?

Current yearPrevious yearGrowGrow %
How rich?$37b$19.7b$17.4b46.9%

How much money is RWE AG making?

Current yearPrevious yearGrowGrow %
Making money$481.7m$603.6m-$121.9m-25.3%
Net Profit Margin8.8%5.6%--

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

3. Financial Health of RWE AG (5 min.)




What can you expect buying and holding a share of RWE AG? (5 min.)

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

What can you expect buying and holding a share of RWE AG?

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

Speculation

The Price per Share of RWE AG is €35.03. 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 RWE AG.
  • 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 RWE AG, 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 €45.81. Based on the TTM, the Book Value Change Per Share is €0.11 per quarter. Based on the YOY, the Book Value Change Per Share is €7.55 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 €0.45 per quarter.
Based on historical numbers we can estimate the returns while holding a share of RWE AG.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps2.818.0%0.651.8%0.782.2%1.123.2%0.501.4%
Usd Book Value Change Per Share1.373.9%0.120.3%8.2023.4%1.574.5%0.792.3%
Usd Dividend Per Share0.000.0%0.491.4%0.802.3%0.391.1%0.351.0%
Usd Total Gains Per Share1.373.9%0.611.7%9.0025.7%1.965.6%1.143.2%
Usd Price Per Share34.17-40.10-41.85-36.43-28.49-
Price to Earnings Ratio3.04-5.55-77.11-17.00--61.17-
Price-to-Total Gains Ratio24.95-13.85--6.24--8.39-0.29-
Price to Book Ratio0.69-0.80-35.79-8.16-4.71-
Price-to-Total Gains Ratio24.95-13.85--6.24--8.39-0.29-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share38.049586
Number of shares26
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.490.39
Usd Book Value Change Per Share0.121.57
Usd Total Gains Per Share0.611.96
Gains per Quarter (26 shares)15.7851.01
Gains per Year (26 shares)63.13204.05
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
151125341163194
21022511681327398
315237179122490602
420350242162654806
5254623052038171010
6305743682439811214
73558743128411441418
84069949432413081622
945711155736514711826
1050812462040516352030

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share3.01.00.075.0%9.03.00.075.0%14.06.00.070.0%24.016.00.060.0%39.022.00.063.9%
Book Value Change Per Share3.01.00.075.0%7.05.00.058.3%11.09.00.055.0%22.018.00.055.0%31.027.03.050.8%
Dividend per Share2.00.02.050.0%6.00.06.050.0%8.00.012.040.0%13.00.027.032.5%18.00.043.029.5%
Total Gains per Share3.01.00.075.0%7.05.00.058.3%12.08.00.060.0%24.016.00.060.0%35.024.02.057.4%

Fundamentals of RWE AG

About RWE AG

RWE Aktiengesellschaft generates and supplies electricity from renewable and conventional sources in Germany, the United Kingdom, rest of Europe, North America, and internationally. It operates through five segments: Offshore Wind; Onshore Wind/Solar; Hydro/Biomass/Gas; Supply & Trading; and Coal/Nuclear. The company generates wind, hydro, solar, nuclear, gas, and biomass electricity. It also trades in electricity, gas, and energy commodities; operates gas storage facilities; and engages in battery storage activities. The company serves commercial, industrial, and corporate customers. RWE Aktiengesellschaft was founded in 1898 and is headquartered in Essen, Germany.

Fundamental data was last updated by Penke on 2024-05-25 10:52:03.

Financial Health

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

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of RWE AG.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit RWE AG earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare RWE AG to the Utilities - Diversified industry mean.
  • A Net Profit Margin of 29.0% means that €0.29 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of RWE AG:

  • The MRQ is 29.0%. The company is making a huge profit. +2
  • The TTM is 8.8%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ29.0%TTM8.8%+20.2%
TTM8.8%YOY5.6%+3.2%
TTM8.8%5Y26.5%-17.7%
5Y26.5%10Y13.1%+13.4%
1.1.2. Return on Assets

Shows how efficient RWE AG is using its assets to generate profit.

  • Above 5% is considered healthy but always compare RWE AG to the Utilities - Diversified industry mean.
  • 1.9% Return on Assets means that RWE AG generated €0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of RWE AG:

  • The MRQ is 1.9%. Using its assets, the company is less efficient in making profit.
  • The TTM is 0.5%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.9%TTM0.5%+1.4%
TTM0.5%YOY0.4%+0.0%
TTM0.5%5Y1.0%-0.6%
5Y1.0%10Y0.5%+0.6%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare RWE AG to the Utilities - Diversified industry mean.
  • 6.0% Return on Equity means RWE AG generated €0.06 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of RWE AG:

  • The MRQ is 6.0%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 1.3%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ6.0%TTM1.3%+4.7%
TTM1.3%YOY1.6%-0.3%
TTM1.3%5Y4.5%-3.3%
5Y4.5%10Y-0.4%+5.0%

1.2. Operating Efficiency of RWE AG.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient RWE AG is operating .

  • Measures how much profit RWE AG 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 RWE AG to the Utilities - Diversified industry mean.
  • An Operating Margin of -3.5% means the company generated €-0.03  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of RWE AG:

  • The MRQ is -3.5%. The company is operating very inefficient. -2
  • The TTM is 22.0%. The company is operating efficient. +1
Trends
Current periodCompared to+/- 
MRQ-3.5%TTM22.0%-25.5%
TTM22.0%YOY11.1%+10.9%
TTM22.0%5Y17.6%+4.4%
5Y17.6%10Y11.1%+6.5%
1.2.2. Operating Ratio

Measures how efficient RWE AG is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Utilities - Diversified industry mean).
  • An Operation Ratio of 0.82 means that the operating costs are €0.82 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of RWE AG:

  • The MRQ is 0.816. The company is less efficient in keeping operating costs low.
  • The TTM is 1.074. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ0.816TTM1.074-0.258
TTM1.074YOY1.026+0.048
TTM1.0745Y0.996+0.078
5Y0.99610Y0.9970.000

1.3. Liquidity of RWE AG.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Utilities - Diversified industry mean).
  • A Current Ratio of 1.56 means the company has €1.56 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of RWE AG:

  • The MRQ is 1.561. The company is able to pay all its short-term debts. +1
  • The TTM is 1.433. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.561TTM1.433+0.128
TTM1.433YOY1.112+0.321
TTM1.4335Y1.315+0.118
5Y1.31510Y1.249+0.066
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare RWE AG to the Utilities - Diversified industry mean.
  • A Quick Ratio of 0.78 means the company can pay off €0.78 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of RWE AG:

  • The MRQ is 0.777. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.741. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.777TTM0.741+0.036
TTM0.741YOY0.546+0.195
TTM0.7415Y0.875-0.134
5Y0.87510Y0.895-0.020

1.4. Solvency of RWE AG.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of RWE AG assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare RWE AG to Utilities - Diversified industry mean.
  • A Debt to Asset Ratio of 0.67 means that RWE AG assets are financed with 67.0% credit (debt) and the remaining percentage (100% - 67.0%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of RWE AG:

  • The MRQ is 0.670. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.693. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.670TTM0.693-0.023
TTM0.693YOY0.865-0.173
TTM0.6935Y0.778-0.085
5Y0.77810Y0.817-0.039
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare RWE AG to the Utilities - Diversified industry mean.
  • A Debt to Equity ratio of 215.2% means that company has €2.15 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of RWE AG:

  • The MRQ is 2.152. The company is just not able to pay all its debts with equity.
  • The TTM is 2.390. The company is just not able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ2.152TTM2.390-0.238
TTM2.390YOY7.472-5.082
TTM2.3905Y5.239-2.849
5Y5.23910Y7.113-1.875

2. Market Valuation of RWE AG

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 RWE AG generates.

  • Above 15 is considered overpriced but always compare RWE AG to the Utilities - Diversified industry mean.
  • A PE ratio of 3.04 means the investor is paying €3.04 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of RWE AG:

  • The EOD is 3.389. Based on the earnings, the company is cheap. +2
  • The MRQ is 3.044. Based on the earnings, the company is cheap. +2
  • The TTM is 5.551. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD3.389MRQ3.044+0.345
MRQ3.044TTM5.551-2.507
TTM5.551YOY77.114-71.563
TTM5.5515Y16.996-11.445
5Y16.99610Y-61.171+78.167
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of RWE AG:

  • The EOD is -3.040. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -2.730. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 10.328. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD-3.040MRQ-2.730-0.310
MRQ-2.730TTM10.328-13.058
TTM10.328YOY161.702-151.374
TTM10.3285Y35.132-24.803
5Y35.13210Y25.811+9.320
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Utilities - Diversified industry mean).
  • A PB ratio of 0.69 means the investor is paying €0.69 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of RWE AG:

  • The EOD is 0.765. Based on the equity, the company is cheap. +2
  • The MRQ is 0.687. Based on the equity, the company is cheap. +2
  • The TTM is 0.804. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.765MRQ0.687+0.078
MRQ0.687TTM0.804-0.117
TTM0.804YOY35.789-34.985
TTM0.8045Y8.161-7.356
5Y8.16110Y4.705+3.455
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of RWE AG compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--1.2610.110+1051%7.547-83%1.447-13%0.728+73%
Book Value Per Share--45.81445.9970%24.435+87%27.653+66%21.466+113%
Current Ratio--1.5611.433+9%1.112+40%1.315+19%1.249+25%
Debt To Asset Ratio--0.6700.693-3%0.865-23%0.778-14%0.817-18%
Debt To Equity Ratio--2.1522.390-10%7.472-71%5.239-59%7.113-70%
Dividend Per Share---0.449-100%0.736-100%0.359-100%0.319-100%
Eps--2.5840.596+334%0.722+258%1.031+151%0.457+465%
Free Cash Flow Per Share---2.881-2.655-8%-0.091-97%0.480-701%0.333-964%
Free Cash Flow To Equity Per Share---2.004-2.827+41%3.341-160%1.131-277%0.630-418%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.023-2%
Intrinsic Value_10Y_max---20.412--------
Intrinsic Value_10Y_min---233.432--------
Intrinsic Value_1Y_max--0.845--------
Intrinsic Value_1Y_min---3.925--------
Intrinsic Value_3Y_max--0.336--------
Intrinsic Value_3Y_min---28.724--------
Intrinsic Value_5Y_max---2.828--------
Intrinsic Value_5Y_min---71.887--------
Market Cap26056751070.720+10%23401238615.04027473268019.658-15%28656475449.600-18%24953906712.284-6%19513875403.438+20%
Net Profit Margin--0.2900.088+230%0.056+421%0.265+9%0.131+122%
Operating Margin---0.0350.220-116%0.111-131%0.176-120%0.111-132%
Operating Ratio--0.8161.074-24%1.026-20%0.996-18%0.997-18%
Pb Ratio0.765+10%0.6870.804-15%35.789-98%8.161-92%4.705-85%
Pe Ratio3.389+10%3.0445.551-45%77.114-96%16.996-82%-61.171+2110%
Price Per Share35.030+10%31.46036.915-15%38.525-18%33.544-6%26.232+20%
Price To Free Cash Flow Ratio-3.040-11%-2.73010.328-126%161.702-102%35.132-108%25.811-111%
Price To Total Gains Ratio27.779+10%24.94813.854+80%-6.242+125%-8.386+134%0.290+8517%
Quick Ratio--0.7770.741+5%0.546+42%0.875-11%0.895-13%
Return On Assets--0.0190.005+286%0.004+324%0.010+77%0.005+305%
Return On Equity--0.0600.013+372%0.016+273%0.045+32%-0.004+107%
Total Gains Per Share--1.2610.559+126%8.283-85%1.806-30%1.047+20%
Usd Book Value--37015523600.00037181983750.0000%19742771200.000+87%22345740880.000+66%17345799350.000+113%
Usd Book Value Change Per Share--1.3700.119+1051%8.197-83%1.572-13%0.790+73%
Usd Book Value Per Share--49.76349.9620%26.542+87%30.036+66%23.317+113%
Usd Dividend Per Share---0.488-100%0.800-100%0.390-100%0.347-100%
Usd Eps--2.8070.647+334%0.785+258%1.120+151%0.497+465%
Usd Free Cash Flow---2327726600.000-2144973450.000-8%-73318500.000-97%387447540.000-701%269268980.000-964%
Usd Free Cash Flow Per Share---3.129-2.884-8%-0.099-97%0.521-701%0.362-964%
Usd Free Cash Flow To Equity Per Share---2.177-3.070+41%3.629-160%1.228-277%0.684-418%
Usd Market Cap28302843013.016+10%25418425383.65629841463722.952-15%31126663633.356-18%27104933470.882-6%21195971463.214+20%
Usd Price Per Share38.050+10%34.17240.097-15%41.846-18%36.435-6%28.493+20%
Usd Profit--2087676400.000481729700.000+333%603655650.000+246%837242960.000+149%375146325.000+456%
Usd Revenue--7200419800.0007002188300.000+3%10816379600.000-33%6573193610.000+10%8445096380.000-15%
Usd Total Gains Per Share--1.3700.607+126%8.997-85%1.962-30%1.137+20%
 EOD+5 -3MRQTTM+23 -12YOY+19 -165Y+19 -1610Y+23 -13

3.2. Fundamental Score

Let's check the fundamental score of RWE AG based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-153.389
Price to Book Ratio (EOD)Between0-10.765
Net Profit Margin (MRQ)Greater than00.290
Operating Margin (MRQ)Greater than0-0.035
Quick Ratio (MRQ)Greater than10.777
Current Ratio (MRQ)Greater than11.561
Debt to Asset Ratio (MRQ)Less than10.670
Debt to Equity Ratio (MRQ)Less than12.152
Return on Equity (MRQ)Greater than0.150.060
Return on Assets (MRQ)Greater than0.050.019
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of RWE AG based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5064.889
Ma 20Greater thanMa 5034.036
Ma 50Greater thanMa 10031.914
Ma 100Greater thanMa 20032.445
OpenGreater thanClose35.110
Total3/5 (60.0%)



Reversals in quarterly reports

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

 2023-03-312023-06-302023-09-302023-12-312024-03-31
Gross Profit  158,0002,161,0002,319,000-926,0001,393,0001,099,0002,492,000-2,723,000-231,000
EBIT  2,822,000-1,850,000972,0001,522,0002,494,000-2,0002,492,000-2,723,000-231,000
Operating Income  2,822,000-1,850,000972,0001,522,0002,494,000-2,0002,492,000-2,723,000-231,000
Total Other Income Expense Net -907,000535,000-372,000-199,000-571,000-2,469,000-3,040,0005,580,0002,540,000



Latest Balance Sheet

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

Summary
Total Assets103,262,000
Total Liabilities69,184,000
Total Stockholder Equity32,148,000
 As reported
Total Liabilities 69,184,000
Total Stockholder Equity+ 32,148,000
Total Assets = 103,262,000

Assets

Total Assets103,262,000
Total Current Assets47,242,000
Long-term Assets56,020,000
Total Current Assets
Cash And Cash Equivalents 3,885,000
Short-term Investments 6,620,000
Net Receivables 6,388,000
Inventory 1,988,000
Other Current Assets 28,361,000
Total Current Assets  (as reported)47,242,000
Total Current Assets  (calculated)47,242,000
+/-0
Long-term Assets
Property Plant Equipment 31,341,000
Long-term Assets Other 3,582,000
Long-term Assets  (as reported)56,020,000
Long-term Assets  (calculated)34,923,000
+/- 21,097,000

Liabilities & Shareholders' Equity

Total Current Liabilities30,262,000
Long-term Liabilities38,922,000
Total Stockholder Equity32,148,000
Total Current Liabilities
Short-term Debt 2,661,000
Accounts payable 4,628,000
Other Current Liabilities 22,973,000
Total Current Liabilities  (as reported)30,262,000
Total Current Liabilities  (calculated)30,262,000
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)38,922,000
Long-term Liabilities  (calculated)0
+/- 38,922,000
Total Stockholder Equity
Total Stockholder Equity (as reported)32,148,000
Total Stockholder Equity (calculated)0
+/- 32,148,000
Other
Cash and Short Term Investments 10,505,000
Common Stock Shares Outstanding 743,841
Liabilities and Stockholders Equity 103,262,000
Net Debt 13,403,000
Net Invested Capital 32,148,000
Net Working Capital 16,980,000
Short Long Term Debt Total 17,288,000



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2024-03-312023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-31
> Total Assets 
0
0
0
93,438,000
93,017,000
89,071,000
88,804,000
93,077,000
97,768,000
88,869,000
87,720,000
92,656,000
92,428,000
91,240,000
91,008,000
88,202,000
92,827,000
88,972,000
86,023,000
81,119,000
84,438,000
85,283,000
83,171,000
86,316,000
84,144,000
80,897,000
80,995,000
79,334,000
82,412,000
76,033,000
74,127,000
76,402,000
75,670,000
75,440,000
67,728,000
69,059,000
71,563,000
75,958,000
83,493,000
80,108,000
82,522,000
82,496,000
58,500,000
64,192,000
68,540,000
62,199,000
57,800,000
61,668,000
64,908,000
86,229,000
145,623,000
142,309,000
176,592,000
189,609,000
220,918,000
138,548,000
121,859,000
114,216,000
108,849,000
121,048,000
103,262,000
103,262,000121,048,000108,849,000114,216,000121,859,000138,548,000220,918,000189,609,000176,592,000142,309,000145,623,00086,229,00064,908,00061,668,00057,800,00062,199,00068,540,00064,192,00058,500,00082,496,00082,522,00080,108,00083,493,00075,958,00071,563,00069,059,00067,728,00075,440,00075,670,00076,402,00074,127,00076,033,00082,412,00079,334,00080,995,00080,897,00084,144,00086,316,00083,171,00085,283,00084,438,00081,119,00086,023,00088,972,00092,827,00088,202,00091,008,00091,240,00092,428,00092,656,00087,720,00088,869,00097,768,00093,077,00088,804,00089,071,00093,017,00093,438,000000
   > Total Current Assets 
0
0
0
36,875,000
35,505,000
30,062,000
29,775,000
32,612,000
35,601,000
26,397,000
25,179,000
29,117,000
28,358,000
26,152,000
25,062,000
24,840,000
29,858,000
27,618,000
25,333,000
24,376,000
27,158,000
31,144,000
28,700,000
32,092,000
28,974,000
27,103,000
26,149,000
27,881,000
31,818,000
26,257,000
24,828,000
30,491,000
29,762,000
30,407,000
23,079,000
23,365,000
25,633,000
57,550,000
65,144,000
61,513,000
63,371,000
63,229,000
24,968,000
28,241,000
31,926,000
26,476,000
22,135,000
27,207,000
28,622,000
49,137,000
107,436,000
103,446,000
138,411,000
149,596,000
176,514,000
96,262,000
70,121,000
62,883,000
56,627,000
67,683,000
47,242,000
47,242,00067,683,00056,627,00062,883,00070,121,00096,262,000176,514,000149,596,000138,411,000103,446,000107,436,00049,137,00028,622,00027,207,00022,135,00026,476,00031,926,00028,241,00024,968,00063,229,00063,371,00061,513,00065,144,00057,550,00025,633,00023,365,00023,079,00030,407,00029,762,00030,491,00024,828,00026,257,00031,818,00027,881,00026,149,00027,103,00028,974,00032,092,00028,700,00031,144,00027,158,00024,376,00025,333,00027,618,00029,858,00024,840,00025,062,00026,152,00028,358,00029,117,00025,179,00026,397,00035,601,00032,612,00029,775,00030,062,00035,505,00036,875,000000
       Cash And Cash Equivalents 
0
0
0
3,074,000
3,832,000
2,270,000
3,818,000
2,476,000
3,641,000
1,570,000
1,634,000
2,009,000
1,670,000
2,173,000
1,644,000
2,672,000
3,386,000
1,913,000
4,612,000
3,905,000
3,673,000
3,857,000
3,738,000
3,171,000
3,280,000
3,961,000
2,594,000
2,522,000
4,138,000
2,694,000
2,942,000
4,576,000
3,696,000
10,904,000
5,431,000
3,933,000
3,889,000
3,253,000
4,618,000
3,523,000
4,384,000
3,265,000
5,541,000
3,192,000
2,793,000
3,381,000
4,095,000
4,774,000
6,339,000
7,043,000
3,576,000
5,825,000
6,367,000
4,615,000
3,307,000
6,988,000
6,795,000
8,523,000
7,727,000
6,917,000
3,885,000
3,885,0006,917,0007,727,0008,523,0006,795,0006,988,0003,307,0004,615,0006,367,0005,825,0003,576,0007,043,0006,339,0004,774,0004,095,0003,381,0002,793,0003,192,0005,541,0003,265,0004,384,0003,523,0004,618,0003,253,0003,889,0003,933,0005,431,00010,904,0003,696,0004,576,0002,942,0002,694,0004,138,0002,522,0002,594,0003,961,0003,280,0003,171,0003,738,0003,857,0003,673,0003,905,0004,612,0001,913,0003,386,0002,672,0001,644,0002,173,0001,670,0002,009,0001,634,0001,570,0003,641,0002,476,0003,818,0002,270,0003,832,0003,074,000000
       Short-term Investments 
0
0
0
3,290,000
3,451,000
2,406,000
2,970,000
3,196,000
3,682,000
2,656,000
2,991,000
4,995,000
3,993,000
2,923,000
3,631,000
2,604,000
2,749,000
2,567,000
3,070,000
2,791,000
2,656,000
3,277,000
4,721,000
4,410,000
6,766,000
6,524,000
7,059,000
7,437,000
7,337,000
7,871,000
7,662,000
9,825,000
10,225,000
5,067,000
4,628,000
4,893,000
5,163,000
3,301,000
2,871,000
3,609,000
2,165,000
2,394,000
3,049,000
3,258,000
1,867,000
2,305,000
3,644,000
4,219,000
2,816,000
3,993,000
3,506,000
8,040,000
7,561,000
8,010,000
4,271,000
13,468,000
8,848,000
7,802,000
7,404,000
7,724,000
6,620,000
6,620,0007,724,0007,404,0007,802,0008,848,00013,468,0004,271,0008,010,0007,561,0008,040,0003,506,0003,993,0002,816,0004,219,0003,644,0002,305,0001,867,0003,258,0003,049,0002,394,0002,165,0003,609,0002,871,0003,301,0005,163,0004,893,0004,628,0005,067,00010,225,0009,825,0007,662,0007,871,0007,337,0007,437,0007,059,0006,524,0006,766,0004,410,0004,721,0003,277,0002,656,0002,791,0003,070,0002,567,0002,749,0002,604,0003,631,0002,923,0003,993,0004,995,0002,991,0002,656,0003,682,0003,196,0002,970,0002,406,0003,451,0003,290,000000
       Net Receivables 
0
0
0
26,736,000
9,789,000
22,207,000
19,276,000
22,715,000
25,361,000
19,010,000
17,029,000
0
19,639,000
17,687,000
0
14,235,000
0
0
0
12,214,000
0
0
0
20,423,000
0
0
0
13,817,000
0
0
0
12,424,000
14,192,000
12,527,000
10,650,000
11,196,000
15,272,000
10,743,000
16,522,000
52,045,000
1,789,000
1,516,000
2,651,000
19,026,000
24,854,000
18,160,000
12,717,000
15,023,000
18,132,000
35,769,000
4,485,000
6,470,000
7,325,000
5,855,000
8,830,000
68,747,000
7,936,000
8,307,000
8,627,000
11,902,000
6,388,000
6,388,00011,902,0008,627,0008,307,0007,936,00068,747,0008,830,0005,855,0007,325,0006,470,0004,485,00035,769,00018,132,00015,023,00012,717,00018,160,00024,854,00019,026,0002,651,0001,516,0001,789,00052,045,00016,522,00010,743,00015,272,00011,196,00010,650,00012,527,00014,192,00012,424,00000013,817,00000020,423,00000012,214,00000014,235,000017,687,00019,639,000017,029,00019,010,00025,361,00022,715,00019,276,00022,207,0009,789,00026,736,000000
       Other Current Assets 
0
0
0
660,000
15,889,000
0
0
389,000
0
0
101,000
18,771,000
0
0
15,895,000
2,318,000
21,532,000
20,721,000
14,973,000
3,172,000
18,467,000
21,845,000
17,911,000
1,871,000
16,950,000
14,600,000
14,199,000
2,148,000
18,523,000
13,597,000
11,873,000
1,699,000
14,192,000
12,632,000
10,773,000
1,426,000
15,272,000
49,581,000
55,798,000
704,000
55,643,000
56,335,000
14,882,000
1,165,000
26,201,000
19,629,000
12,717,000
1,563,000
18,469,000
36,405,000
94,790,000
2,146,000
121,652,000
128,929,000
159,150,000
2,850,000
44,726,000
36,152,000
30,355,000
38,870,000
28,361,000
28,361,00038,870,00030,355,00036,152,00044,726,0002,850,000159,150,000128,929,000121,652,0002,146,00094,790,00036,405,00018,469,0001,563,00012,717,00019,629,00026,201,0001,165,00014,882,00056,335,00055,643,000704,00055,798,00049,581,00015,272,0001,426,00010,773,00012,632,00014,192,0001,699,00011,873,00013,597,00018,523,0002,148,00014,199,00014,600,00016,950,0001,871,00017,911,00021,845,00018,467,0003,172,00014,973,00020,721,00021,532,0002,318,00015,895,0000018,771,000101,00000389,0000015,889,000660,000000
   > Long-term Assets 
0
0
0
56,563,000
57,512,000
59,009,000
59,029,000
60,465,000
62,167,000
62,472,000
62,541,000
63,539,000
64,070,000
65,088,000
65,946,000
63,362,000
62,969,000
61,354,000
60,690,000
56,743,000
57,280,000
54,139,000
54,471,000
54,224,000
55,170,000
53,794,000
54,846,000
51,453,000
50,594,000
49,776,000
49,299,000
45,911,000
45,908,000
45,033,000
44,649,000
45,694,000
45,930,000
18,408,000
18,349,000
18,595,000
19,151,000
19,267,000
33,532,000
35,951,000
36,614,000
35,723,000
35,665,000
34,461,000
36,286,000
37,092,000
38,187,000
38,863,000
38,181,000
40,013,000
44,404,000
42,286,000
51,738,000
51,333,000
52,222,000
53,365,000
56,020,000
56,020,00053,365,00052,222,00051,333,00051,738,00042,286,00044,404,00040,013,00038,181,00038,863,00038,187,00037,092,00036,286,00034,461,00035,665,00035,723,00036,614,00035,951,00033,532,00019,267,00019,151,00018,595,00018,349,00018,408,00045,930,00045,694,00044,649,00045,033,00045,908,00045,911,00049,299,00049,776,00050,594,00051,453,00054,846,00053,794,00055,170,00054,224,00054,471,00054,139,00057,280,00056,743,00060,690,00061,354,00062,969,00063,362,00065,946,00065,088,00064,070,00063,539,00062,541,00062,472,00062,167,00060,465,00059,029,00059,009,00057,512,00056,563,000000
       Property Plant Equipment 
0
0
0
28,809,000
29,455,000
30,133,000
31,137,000
32,399,000
32,864,000
34,000,000
33,481,000
34,983,000
35,502,000
36,116,000
36,783,000
36,006,000
35,712,000
34,142,000
34,231,000
33,305,000
34,193,000
31,599,000
31,736,000
31,059,000
31,305,000
31,044,000
31,633,000
29,357,000
28,469,000
28,088,000
27,947,000
24,455,000
24,655,000
24,112,000
24,170,000
24,904,000
25,055,000
11,988,000
12,188,000
12,409,000
12,988,000
13,017,000
19,440,000
19,097,000
19,297,000
19,087,000
19,258,000
17,902,000
19,086,000
19,325,000
19,832,000
19,984,000
19,972,000
21,502,000
24,329,000
23,749,000
28,048,000
27,047,000
28,247,000
28,809,000
31,341,000
31,341,00028,809,00028,247,00027,047,00028,048,00023,749,00024,329,00021,502,00019,972,00019,984,00019,832,00019,325,00019,086,00017,902,00019,258,00019,087,00019,297,00019,097,00019,440,00013,017,00012,988,00012,409,00012,188,00011,988,00025,055,00024,904,00024,170,00024,112,00024,655,00024,455,00027,947,00028,088,00028,469,00029,357,00031,633,00031,044,00031,305,00031,059,00031,736,00031,599,00034,193,00033,305,00034,231,00034,142,00035,712,00036,006,00036,783,00036,116,00035,502,00034,983,00033,481,00034,000,00032,864,00032,399,00031,137,00030,133,00029,455,00028,809,000000
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
13,545,000
0
0
0
11,374,000
0
0
0
11,507,000
0
0
0
11,979,000
0
0
0
11,663,000
0
0
0
11,197,000
0
0
0
1,718,000
0
0
0
2,386,000
0
0
0
2,603,000
0
0
0
2,736,000
0
0
0
2,800,000
0
0
0
4,447,000
0
04,447,0000002,800,0000002,736,0000002,603,0000002,386,0000001,718,00000011,197,00000011,663,00000011,979,00000011,507,00000011,374,00000013,545,000000000000000000
       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
3,846,000
3,996,000
3,994,000
4,025,000
3,856,000
4,079,000
1,771,000
1,813,000
1,832,000
1,889,000
1,920,000
7,537,000
7,594,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000007,594,0007,537,0001,920,0001,889,0001,832,0001,813,0001,771,0004,079,0003,856,0004,025,0003,994,0003,996,0003,846,0000000000000000000000000000000000
       Intangible Assets 
0
0
0
17,320,000
17,294,000
17,577,000
17,341,000
17,350,000
17,415,000
17,211,000
17,248,000
16,946,000
17,013,000
16,626,000
0
2,472,000
0
0
0
1,824,000
0
0
0
1,290,000
0
0
0
1,236,000
0
0
0
1,086,000
12,770,000
12,727,000
12,250,000
1,186,000
12,456,000
2,121,000
2,191,000
475,000
2,214,000
2,179,000
4,547,000
2,423,000
4,699,000
4,633,000
4,526,000
2,310,000
5,011,000
5,923,000
5,840,000
3,148,000
5,817,000
5,731,000
5,733,000
2,868,000
9,637,000
10,017,000
10,014,000
5,340,000
0
05,340,00010,014,00010,017,0009,637,0002,868,0005,733,0005,731,0005,817,0003,148,0005,840,0005,923,0005,011,0002,310,0004,526,0004,633,0004,699,0002,423,0004,547,0002,179,0002,214,000475,0002,191,0002,121,00012,456,0001,186,00012,250,00012,727,00012,770,0001,086,0000001,236,0000001,290,0000001,824,0000002,472,000016,626,00017,013,00016,946,00017,248,00017,211,00017,415,00017,350,00017,341,00017,577,00017,294,00017,320,000000
       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
6,077,000
4,487,000
4,200,000
4,204,000
6,396,000
4,340,000
2,528,000
2,157,000
3,457,000
2,060,000
2,151,000
2,008,000
7,965,000
5,117,000
4,354,000
4,232,000
8,069,000
4,162,000
4,377,000
4,670,000
7,801,000
4,524,000
5,124,000
6,599,000
4,448,000
4,845,000
4,869,000
4,635,000
0
0
004,635,0004,869,0004,845,0004,448,0006,599,0005,124,0004,524,0007,801,0004,670,0004,377,0004,162,0008,069,0004,232,0004,354,0005,117,0007,965,0002,008,0002,151,0002,060,0003,457,0002,157,0002,528,0004,340,0006,396,0004,204,0004,200,0004,487,0006,077,0000000000000000000000000000000000
> Total Liabilities 
0
0
0
79,721,000
77,302,000
75,243,000
72,638,000
75,660,000
78,499,000
72,150,000
72,262,000
75,574,000
72,966,000
73,875,000
73,944,000
71,765,000
75,133,000
73,310,000
70,867,000
68,982,000
72,006,000
73,556,000
71,951,000
74,544,000
70,520,000
66,951,000
68,836,000
70,440,000
73,449,000
67,986,000
67,064,000
68,412,000
66,469,000
64,611,000
56,436,000
57,068,000
57,740,000
63,488,000
67,985,000
65,851,000
69,976,000
70,351,000
42,468,000
46,744,000
51,289,000
45,678,000
39,715,000
43,697,000
44,705,000
65,018,000
128,965,000
125,313,000
165,294,000
180,139,000
220,715,000
109,269,000
88,107,000
80,099,000
73,259,000
87,908,000
69,184,000
69,184,00087,908,00073,259,00080,099,00088,107,000109,269,000220,715,000180,139,000165,294,000125,313,000128,965,00065,018,00044,705,00043,697,00039,715,00045,678,00051,289,00046,744,00042,468,00070,351,00069,976,00065,851,00067,985,00063,488,00057,740,00057,068,00056,436,00064,611,00066,469,00068,412,00067,064,00067,986,00073,449,00070,440,00068,836,00066,951,00070,520,00074,544,00071,951,00073,556,00072,006,00068,982,00070,867,00073,310,00075,133,00071,765,00073,944,00073,875,00072,966,00075,574,00072,262,00072,150,00078,499,00075,660,00072,638,00075,243,00077,302,00079,721,000000
   > Total Current Liabilities 
0
0
0
34,088,000
31,653,000
28,352,000
27,709,000
30,498,000
32,902,000
27,101,000
26,270,000
31,183,000
27,014,000
26,775,000
25,100,000
24,244,000
26,846,000
24,728,000
22,708,000
21,879,000
25,971,000
27,894,000
24,954,000
28,220,000
22,861,000
21,506,000
22,447,000
25,125,000
28,301,000
22,360,000
20,949,000
28,766,000
27,761,000
26,907,000
20,457,000
20,294,000
20,583,000
45,134,000
49,339,000
45,844,000
50,676,000
50,440,000
18,899,000
19,726,000
24,029,000
18,473,000
12,780,000
16,417,000
18,531,000
37,729,000
103,136,000
97,007,000
138,515,000
151,515,000
189,991,000
79,685,000
53,013,000
45,356,000
39,420,000
50,230,000
30,262,000
30,262,00050,230,00039,420,00045,356,00053,013,00079,685,000189,991,000151,515,000138,515,00097,007,000103,136,00037,729,00018,531,00016,417,00012,780,00018,473,00024,029,00019,726,00018,899,00050,440,00050,676,00045,844,00049,339,00045,134,00020,583,00020,294,00020,457,00026,907,00027,761,00028,766,00020,949,00022,360,00028,301,00025,125,00022,447,00021,506,00022,861,00028,220,00024,954,00027,894,00025,971,00021,879,00022,708,00024,728,00026,846,00024,244,00025,100,00026,775,00027,014,00031,183,00026,270,00027,101,00032,902,00030,498,00027,709,00028,352,00031,653,00034,088,000000
       Short-term Debt 
0
0
0
3,290,000
2,752,000
2,957,000
4,203,000
3,902,000
3,993,000
3,770,000
2,991,000
6,495,000
4,001,000
5,453,000
3,631,000
3,376,000
4,767,000
4,450,000
3,392,000
985,000
4,063,000
4,096,000
3,242,000
2,183,000
1,779,000
2,085,000
2,244,000
1,210,000
6,311,000
4,694,000
3,226,000
868,000
3,663,000
3,434,000
4,532,000
1,707,000
3,358,000
664,000
931,000
81,000
3,546,000
2,188,000
4,130,000
391,000
2,633,000
2,200,000
3,644,000
83,000
0
1,407,000
0
6,365,000
0
9,878,000
0
8,584,000
7,628,000
7,137,000
5,853,000
1,096,000
2,661,000
2,661,0001,096,0005,853,0007,137,0007,628,0008,584,00009,878,00006,365,00001,407,000083,0003,644,0002,200,0002,633,000391,0004,130,0002,188,0003,546,00081,000931,000664,0003,358,0001,707,0004,532,0003,434,0003,663,000868,0003,226,0004,694,0006,311,0001,210,0002,244,0002,085,0001,779,0002,183,0003,242,0004,096,0004,063,000985,0003,392,0004,450,0004,767,0003,376,0003,631,0005,453,0004,001,0006,495,0002,991,0003,770,0003,993,0003,902,0004,203,0002,957,0002,752,0003,290,000000
       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
18,183,000
19,449,000
18,733,000
4,532,000
1,931,000
3,358,000
664,000
931,000
223,000
3,546,000
2,188,000
4,130,000
391,000
2,633,000
2,200,000
0
83,000
0
1,407,000
0
6,279,000
0
9,878,000
0
8,584,000
0
7,137,000
0
981,000
0
0981,00007,137,00008,584,00009,878,00006,279,00001,407,000083,00002,200,0002,633,000391,0004,130,0002,188,0003,546,000223,000931,000664,0003,358,0001,931,0004,532,00018,733,00019,449,00018,183,0000000000000000000000000000000000
       Accounts payable 
0
0
0
9,697,000
7,586,000
7,204,000
6,503,000
8,415,000
8,351,000
7,149,000
6,753,000
7,886,000
7,555,000
6,642,000
5,936,000
7,315,000
7,255,000
6,053,000
6,069,000
6,468,000
5,735,000
4,857,000
5,264,000
6,309,000
5,641,000
5,349,000
5,238,000
6,122,000
5,343,000
4,735,000
4,735,000
5,431,000
4,882,000
4,240,000
4,146,000
5,077,000
4,680,000
2,094,000
2,069,000
2,429,000
2,546,000
2,303,000
2,389,000
2,987,000
2,286,000
2,103,000
1,947,000
2,387,000
2,664,000
2,602,000
3,698,000
4,428,000
5,858,000
5,688,000
7,278,000
7,464,000
6,017,000
6,862,000
7,459,000
5,114,000
4,628,000
4,628,0005,114,0007,459,0006,862,0006,017,0007,464,0007,278,0005,688,0005,858,0004,428,0003,698,0002,602,0002,664,0002,387,0001,947,0002,103,0002,286,0002,987,0002,389,0002,303,0002,546,0002,429,0002,069,0002,094,0004,680,0005,077,0004,146,0004,240,0004,882,0005,431,0004,735,0004,735,0005,343,0006,122,0005,238,0005,349,0005,641,0006,309,0005,264,0004,857,0005,735,0006,468,0006,069,0006,053,0007,255,0007,315,0005,936,0006,642,0007,555,0007,886,0006,753,0007,149,0008,351,0008,415,0006,503,0007,204,0007,586,0009,697,000000
       Other Current Liabilities 
0
0
0
24,391,000
15,540,000
12,977,000
11,621,000
12,519,000
14,896,000
11,491,000
19,517,000
11,331,000
10,155,000
9,709,000
19,164,000
3,117,000
9,384,000
8,542,000
7,896,000
3,189,000
9,662,000
11,006,000
8,413,000
2,952,000
9,032,000
8,006,000
9,243,000
3,267,000
11,091,000
8,035,000
8,268,000
2,896,000
6,650,000
14,386,000
7,071,000
2,841,000
6,995,000
7,428,000
11,819,000
383,000
7,743,000
9,163,000
9,307,000
1,354,000
15,948,000
11,414,000
10,833,000
725,000
15,867,000
30,743,000
99,438,000
906,000
132,657,000
135,949,000
182,713,000
1,311,000
46,996,000
38,494,000
31,961,000
27,615,000
22,973,000
22,973,00027,615,00031,961,00038,494,00046,996,0001,311,000182,713,000135,949,000132,657,000906,00099,438,00030,743,00015,867,000725,00010,833,00011,414,00015,948,0001,354,0009,307,0009,163,0007,743,000383,00011,819,0007,428,0006,995,0002,841,0007,071,00014,386,0006,650,0002,896,0008,268,0008,035,00011,091,0003,267,0009,243,0008,006,0009,032,0002,952,0008,413,00011,006,0009,662,0003,189,0007,896,0008,542,0009,384,0003,117,00019,164,0009,709,00010,155,00011,331,00019,517,00011,491,00014,896,00012,519,00011,621,00012,977,00015,540,00024,391,000000
   > Long-term Liabilities 
0
0
0
45,633,000
46,654,000
47,794,000
45,919,000
45,162,000
45,597,000
45,049,000
45,992,000
44,391,000
45,952,000
47,100,000
48,844,000
47,521,000
48,287,000
48,582,000
48,159,000
47,103,000
46,035,000
45,662,000
46,997,000
46,324,000
47,659,000
45,445,000
46,389,000
45,315,000
45,148,000
45,626,000
46,115,000
39,646,000
38,708,000
37,704,000
35,979,000
36,774,000
37,157,000
18,354,000
18,646,000
20,007,000
19,300,000
19,911,000
23,569,000
27,018,000
27,260,000
27,205,000
26,935,000
27,280,000
26,174,000
27,289,000
25,829,000
28,306,000
26,779,000
28,624,000
30,724,000
29,584,000
35,094,000
34,743,000
33,839,000
37,678,000
38,922,000
38,922,00037,678,00033,839,00034,743,00035,094,00029,584,00030,724,00028,624,00026,779,00028,306,00025,829,00027,289,00026,174,00027,280,00026,935,00027,205,00027,260,00027,018,00023,569,00019,911,00019,300,00020,007,00018,646,00018,354,00037,157,00036,774,00035,979,00037,704,00038,708,00039,646,00046,115,00045,626,00045,148,00045,315,00046,389,00045,445,00047,659,00046,324,00046,997,00045,662,00046,035,00047,103,00048,159,00048,582,00048,287,00047,521,00048,844,00047,100,00045,952,00044,391,00045,992,00045,049,00045,597,00045,162,00045,919,00047,794,00046,654,00045,633,000000
       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
2,418,000
2,533,000
3,729,000
3,924,000
4,091,000
4,151,000
3,694,000
3,951,000
4,354,000
4,971,000
5,214,000
6,798,000
6,991,000
9,142,000
10,387,000
9,789,000
12,882,000
12,782,000
12,893,000
0
0
0012,893,00012,782,00012,882,0009,789,00010,387,0009,142,0006,991,0006,798,0005,214,0004,971,0004,354,0003,951,0003,694,0004,151,0004,091,0003,924,0003,729,0002,533,0002,418,0000000000000000000000000000000000000000000
       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
23,605,000
22,922,000
22,405,000
22,352,000
22,360,000
22,685,000
16,777,000
16,697,000
18,009,000
16,882,000
17,378,000
19,840,000
23,094,000
23,169,000
23,054,000
23,241,000
23,329,000
21,820,000
22,318,000
20,615,000
21,508,000
19,788,000
19,482,000
20,337,000
19,795,000
0
21,961,000
20,946,000
0
0
0020,946,00021,961,000019,795,00020,337,00019,482,00019,788,00021,508,00020,615,00022,318,00021,820,00023,329,00023,241,00023,054,00023,169,00023,094,00019,840,00017,378,00016,882,00018,009,00016,697,00016,777,00022,685,00022,360,00022,352,00022,405,00022,922,00023,605,0000000000000000000000000000000000
       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
417,000
0
0
0
348,000
0
0
0
3,000
0
0
0
4,000
0
0
0
3,000
0
0
0
3,000
0
0
0
1,000
0
0
0
0
0
000001,0000003,0000003,0000004,0000003,000000348,000000417,0000000000000000000000000000000000
> Total Stockholder Equity
0
0
0
12,792,000
14,710,000
12,925,000
15,176,000
16,333,000
18,133,000
13,683,000
14,218,000
15,738,000
15,390,000
13,174,000
15,520,000
14,824,000
15,904,000
13,933,000
13,535,000
10,439,000
10,771,000
10,146,000
9,618,000
10,093,000
11,854,000
12,194,000
10,140,000
6,797,000
6,925,000
6,188,000
5,033,000
3,696,000
4,625,000
6,667,000
7,168,000
7,699,000
9,190,000
8,294,000
11,066,000
9,676,000
7,456,000
7,594,000
15,574,000
16,945,000
16,745,000
16,073,000
17,857,000
17,182,000
19,364,000
19,374,000
14,836,000
15,254,000
9,535,000
7,772,000
-1,489,000
27,576,000
32,087,000
32,452,000
33,991,000
31,569,000
32,148,000
32,148,00031,569,00033,991,00032,452,00032,087,00027,576,000-1,489,0007,772,0009,535,00015,254,00014,836,00019,374,00019,364,00017,182,00017,857,00016,073,00016,745,00016,945,00015,574,0007,594,0007,456,0009,676,00011,066,0008,294,0009,190,0007,699,0007,168,0006,667,0004,625,0003,696,0005,033,0006,188,0006,925,0006,797,00010,140,00012,194,00011,854,00010,093,0009,618,00010,146,00010,771,00010,439,00013,535,00013,933,00015,904,00014,824,00015,520,00013,174,00015,390,00015,738,00014,218,00013,683,00018,133,00016,333,00015,176,00012,925,00014,710,00012,792,000000
   Common Stock
0
0
0
1,340,000
0
2,598,000
2,598,000
1,340,000
2,598,000
2,598,000
2,598,000
13,979,000
0
3,959,000
0
1,574,000
13,231,000
11,224,000
10,871,000
1,574,000
8,097,000
7,436,000
6,951,000
1,574,000
9,183,000
9,481,000
9,209,000
1,574,000
6,029,000
5,277,000
4,107,000
1,574,000
3,729,000
5,757,000
6,243,000
1,574,000
8,295,000
7,384,000
10,141,000
1,574,000
7,456,000
7,594,000
15,574,000
1,574,000
16,745,000
3,959,000
17,857,000
1,731,000
19,364,000
5,959,000
14,836,000
1,731,000
9,535,000
5,959,000
-1,489,000
1,731,000
32,087,000
8,393,000
33,991,000
1,904,000
0
01,904,00033,991,0008,393,00032,087,0001,731,000-1,489,0005,959,0009,535,0001,731,00014,836,0005,959,00019,364,0001,731,00017,857,0003,959,00016,745,0001,574,00015,574,0007,594,0007,456,0001,574,00010,141,0007,384,0008,295,0001,574,0006,243,0005,757,0003,729,0001,574,0004,107,0005,277,0006,029,0001,574,0009,209,0009,481,0009,183,0001,574,0006,951,0007,436,0008,097,0001,574,00010,871,00011,224,00013,231,0001,574,00003,959,000013,979,0002,598,0002,598,0002,598,0001,340,0002,598,0002,598,00001,340,000000
   Retained Earnings Total Equity0000000000000000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
-50,877,000
0
0
0
-52,255,000
1,339,000
826,000
0
-49,142,000
0
-411,000
0
-51,711,000
0
0
0
-54,414,000
0
0
0
-51,919,000
0
0
0
-56,055,000
0
0
0
-61,001,000
0
0
0
-60,972,000
0
0
0
-38,834,000
0
0
0
-40,276,000
0
0
0
-44,945,000
0
0
0
0
0
0
0
5,878,000
0
8,591,000
0
8,763,000
0
08,763,00008,591,00005,878,0000000000-44,945,000000-40,276,000000-38,834,000000-60,972,000000-61,001,000000-56,055,000000-51,919,000000-54,414,000000-51,711,0000-411,0000-49,142,0000826,0001,339,000-52,255,000000-50,877,000000
   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
2,385,000
0
0
0
4,229,000
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000004,229,0000002,385,0000000000000000000000000000000000000000000000
   Treasury Stock0000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
11,352,000
14,710,000
-1,081,000
715,000
14,893,000
-493,000
-2,272,000
-302,000
1,759,000
15,390,000
-24,000
15,520,000
4,486,000
2,673,000
2,709,000
2,664,000
3,703,000
2,674,000
2,710,000
2,667,000
3,411,000
2,671,000
2,713,000
931,000
1,511,000
896,000
911,000
926,000
2,674,000
896,000
910,000
925,000
3,658,000
895,000
910,000
925,000
6,863,000
7,456,000
2,491,000
15,574,000
6,463,000
16,745,000
3,006,000
17,857,000
6,856,000
19,364,000
3,176,000
14,836,000
2,818,000
9,535,000
-9,979,000
-1,489,000
4,234,000
-32,087,000
16,984,000
33,991,000
6,489,000
0
06,489,00033,991,00016,984,000-32,087,0004,234,000-1,489,000-9,979,0009,535,0002,818,00014,836,0003,176,00019,364,0006,856,00017,857,0003,006,00016,745,0006,463,00015,574,0002,491,0007,456,0006,863,000925,000910,000895,0003,658,000925,000910,000896,0002,674,000926,000911,000896,0001,511,000931,0002,713,0002,671,0003,411,0002,667,0002,710,0002,674,0003,703,0002,664,0002,709,0002,673,0004,486,00015,520,000-24,00015,390,0001,759,000-302,000-2,272,000-493,00014,893,000715,000-1,081,00014,710,00011,352,000000



Balance Sheet

Currency in EUR. All numbers in thousands.