Teck Resources Ltd Class B
Buy, Hold or Sell?

Let's analyse Teck together

Penke I guess you are interested in Teck Resources Ltd Class B. 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 Teck Resources Ltd Class B. 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 Teck (30 sec.)

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

How much money do you get?

$0.72

When do you have the money?

1 year

How often do you get paid?

97.5%

What is your share worth?

Current worth

$39.24

Expected worth in 1 year

$41.32

How sure are you?

82.5%

+ What do you gain per year?

Total Gains per Share

$2.80

Return On Investment

6.1%

For what price can you sell your share?

Current Price per Share

$45.86

Expected price per share

$42.53 - $50.46

How sure are you?

50%

1. Valuation of Teck (5 min.)

Live pricePrice per Share (EOD)

$45.86

Book Value per Share

$39.24

Intrinsic Value Per Share

$-9.55 - $-0.60

Total Value Per Share

$29.69 - $38.64

My calculation of the intrinsic value of Teck 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: ($0.12) 3Y: ($0.04) TTM: ($-0.70)
The change per quarter (trend) of the Free Cash Flow Per Share is 10Y: ($-0.02) 3Y: ($-0.01) TTM: ($0.11)

Years	Total Low est.	Total High est.	Added Free Cash Flow
1	$-0.04	$0.39	$-0.16 - $0.35
2	$-0.36	$0.66	$-0.46 - $0.25
3	$-0.92	$0.83	$-0.77 - $0.14
4	$-1.69	$0.89	$-1.07 - $0.03
5	$-2.66	$0.85	$-1.38 - $-0.08
6	$-3.79	$0.72	$-1.68 - $-0.19
7	$-5.06	$0.51	$-1.99 - $-0.30
8	$-6.46	$0.22	$-2.29 - $-0.41
9	$-7.96	$-0.15	$-2.60 - $-0.52
10	$-9.55	$-0.60	$-2.91 - $-0.63

2. Growth of Teck (5 min.)

Is Teck growing?

	Current year	Previous year	Grow	Grow %
How rich?	$20.6b	$18.9b	$1.4b	7.0%

How much money is Teck making?

	Current year	Previous year	Grow	Grow %
Making money	$439.7m	$605.4m	-$165.7m	-37.7%
Net Profit Margin	16.0%	16.1%	-	-

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

Quarterly Yearly

3. Financial Health of Teck (5 min.)

4. Comparing to competitors in the Other Industrial Metals & Mining industry (5 min.)

Industry Rankings (Other Industrial Metals & Mining)

Richest
#7 / 887

Most Revenue
#30 / 887

Most Profit
#16 / 887

Most Efficient
#55 / 887

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

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

What can you expect buying and holding a share of Teck?

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

Speculation

The Price per Share of Teck is $45.86. 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 Teck.
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 Teck, 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 $39.24. Based on the TTM, the Book Value Change Per Share is $0.52 per quarter. Based on the YOY, the Book Value Change Per Share is $1.29 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 $0.18 per quarter.

Based on historical numbers we can estimate the returns while holding a share of Teck.

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	0.67	1.5%	0.76	1.7%	1.42	3.1%	0.50	1.1%	0.37	0.8%
Usd Book Value Change Per Share	0.01	0.0%	0.52	1.1%	1.29	2.8%	0.51	1.1%	0.39	0.8%
Usd Dividend Per Share	0.09	0.2%	0.18	0.4%	0.18	0.4%	0.09	0.2%	0.12	0.3%
Usd Total Gains Per Share	0.10	0.2%	0.70	1.5%	1.47	3.2%	0.61	1.3%	0.51	1.1%
Usd Price Per Share	42.27	-	40.99	-	34.80	-	26.45	-	22.01	-
Price to Earnings Ratio	15.77	-	19.28	-	-3.44	-	8.06	-	19.47	-
Price-to-Total Gains Ratio	431.60	-	332.92	-	28.13	-	101.89	-	98.81	-
Price to Book Ratio	1.08	-	1.06	-	0.98	-	0.78	-	0.76	-
Price-to-Total Gains Ratio	431.60	-	332.92	-	28.13	-	101.89	-	98.81	-

When do you get the money?

Usd Investment	$.00
Usd Price Per Share	45.86
Number of shares	21

Gains per Quarter	Trailing 12 Months	5 Year
Usd Dividend Per Share	0.18	0.09
Usd Book Value Change Per Share	0.52	0.51
Usd Total Gains Per Share	0.70	0.61
Gains per Quarter (21 shares)	14.70	12.74
Gains per Year (21 shares)	58.79	50.98

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	15	44	49	8	43	41
2	30	87	108	16	86	92
3	45	131	167	24	129	143
4	60	175	226	31	173	194
5	75	219	285	39	216	245
6	90	262	344	47	259	296
7	106	306	403	55	302	347
8	121	350	462	63	345	398
9	136	393	521	71	388	449
10	151	437	580	78	431	500

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%	11.0	1.0	0.0	91.7%	15.0	5.0	0.0	75.0%	33.0	7.0	0.0	82.5%	113.0	11.0	0.0	91.1%
Book Value Change Per Share	3.0	1.0	0.0	75.0%	11.0	1.0	0.0	91.7%	16.0	4.0	0.0	80.0%	29.0	11.0	0.0	72.5%	94.0	30.0	0.0	75.8%
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%	39.0	0.0	1.0	97.5%	91.0	0.0	33.0	73.4%
Total Gains per Share	4.0	0.0	0.0	100.0%	12.0	0.0	0.0	100.0%	17.0	3.0	0.0	85.0%	33.0	7.0	0.0	82.5%	104.0	20.0	0.0	83.9%

Fundamentals of Teck

About Teck Resources Ltd Class B

https://www.teck.com
Other Industrial Metals & Mining
12600
Bentall 5, Vancouver, BC, Canada, V6C 0B3
Google Maps Bing Maps

Teck Resources Limited engages in exploring for, acquiring, developing, and producing natural resources in Asia, Europe, and North America. The company operates through Steelmaking Coal, Copper, Zinc, and Energy segments. Its principal products include copper, zinc, steelmaking coal, and blended bitumen. The company also produces lead, silver, and molybdenum; and various specialty and other metals, chemicals, and fertilizers. In addition, it explores for gold. The company was formerly known as Teck Cominco Limited and changed its name to Teck Resources Limited in April 2009. The company was founded in 1913 and is headquartered in Vancouver, Canada.

Fundamental data was last updated by Penke on 2024-04-05 03:04:02.

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 efficient in keeping operating costs low.

Liquidity Details

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

1.1. Profitability of Teck Resources Ltd Class B.

1.1. Profitability

1.1.1. Net Profit Margin

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

Above 10% is considered healthy but always compare Teck to the Other Industrial Metals & Mining industry mean.
A Net Profit Margin of 11.8% means that $0.12 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Teck Resources Ltd Class B:

The MRQ is 11.8%. The company is making a huge profit. +2
The TTM is 16.0%. The company is making a huge profit. +2

Trends

Current period		Compared to		+/-
MRQ	11.8%	TTM	16.0%	-4.3%
TTM	16.0%	YOY	16.1%	-0.1%
TTM	16.0%	5Y	8.7%	+7.3%
5Y	8.7%	10Y	7.3%	+1.4%

Compared to industry (Other Industrial Metals & Mining)

Period	Company	Industry (mean)	+/-
MRQ	11.8%	-76.6%	+88.4%
TTM	16.0%	-96.6%	+112.6%
YOY	16.1%	-67.8%	+83.9%
5Y	8.7%	-458.4%	+467.1%
10Y	7.3%	-934.5%	+941.8%

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

Revenue is the amount of profit Teck 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 Teck 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 Teck to the Other Industrial Metals & Mining industry mean.
Can be used to compare companies within the Other Industrial Metals & Mining industry.

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

Why do investors use net profit margin in their analysis

It helps investors to determine the efficiency of Teck. If profit margins remain low (compared to the Other Industrial Metals & Mining 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 Teck is 0.12. This means that Teck earned $0.12 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 Other Industrial Metals & Mining industry is -76.6%.
What is the trend?
The trend is important because it shows you how Teck is performing over time. The most recent quarter might be important if Teck 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 Teck 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 Teck with other companies in the same industry (Other Industrial Metals & Mining).
Net profit margin should rise over the years.
Can be influenced when Teck sells assets (profit will increase while costs remain the same).
It won’t show what part of Teck 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 Teck

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 Teck = 483,000
Total revenue MRQ Teck = 4,108,000
$483,000 / $4,108,000 = 0.12 or 11.8%

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 Teck is using its assets to generate profit.

Above 5% is considered healthy but always compare Teck to the Other Industrial Metals & Mining industry mean.
0.9% Return on Assets means that Teck generated $0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Teck Resources Ltd Class B:

The MRQ is 0.9%. Using its assets, the company is inefficient in making profit. -1
The TTM is 1.1%. Using its assets, the company is less efficient in making profit.

Trends

Current period		Compared to		+/-
MRQ	0.9%	TTM	1.1%	-0.3%
TTM	1.1%	YOY	1.7%	-0.6%
TTM	1.1%	5Y	0.8%	+0.3%
5Y	0.8%	10Y	0.7%	+0.1%

Compared to industry (Other Industrial Metals & Mining)

Period	Company	Industry (mean)	+/-
MRQ	0.9%	-8.8%	+9.7%
TTM	1.1%	-8.8%	+9.9%
YOY	1.7%	-8.0%	+9.7%
5Y	0.8%	-13.1%	+13.9%
10Y	0.7%	-18.4%	+19.1%

Shows how efficient Teck 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 Teck to the Other Industrial Metals & Mining 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 Teck is using its resources to generate profit. If the return on assets (0.9%) from Teck are higher than the Other Industrial Metals & Mining mean (-8.8%) that means Teck 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 Teck is 0.9%. This means the company generated $0.01 for each $1 in assets.
How does it compare to the industry?
The mean MRQ Return on Assets of the Other Industrial Metals & Mining industry is -8.8%.
What is the trend?
The trend is important because it shows you how Teck is performing over time. The most recent quarter might be important if Teck 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 Teck 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 Teck

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

Income statement
Balance sheet

Net income MRQ (income statement) from Teck = 483,000
Total assets MRQ (balance sheet) from Teck = 56,193,000
483,000 / 56,193,000 = 0.01 or 0.9%

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

Above 15%-20% is considered healthy but always compare Teck to the Other Industrial Metals & Mining industry mean.
1.8% Return on Equity means Teck generated $0.02 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Teck Resources Ltd Class B:

The MRQ is 1.8%. Using its investors money, the company is inefficient in making profit. -1
The TTM is 2.3%. Using its investors money, the company is inefficient in making profit. -1

Trends

Current period		Compared to		+/-
MRQ	1.8%	TTM	2.3%	-0.5%
TTM	2.3%	YOY	3.3%	-1.1%
TTM	2.3%	5Y	1.6%	+0.7%
5Y	1.6%	10Y	1.3%	+0.3%

Compared to industry (Other Industrial Metals & Mining)

Period	Company	Industry (mean)	+/-
MRQ	1.8%	-9.4%	+11.2%
TTM	2.3%	-9.4%	+11.7%
YOY	3.3%	-8.8%	+12.1%
5Y	1.6%	-13.9%	+15.5%
10Y	1.3%	-19.4%	+20.7%

Shows how efficient Teck 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 Teck to the Other Industrial Metals & Mining 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 Other Industrial Metals & Mining 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 Teck is 1.8%. This means Teck 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 Other Industrial Metals & Mining industry is -9.4%.
What is the trend?
The trend is important because it shows you how Teck is performing over time. The most recent quarter might be important if Teck 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 Teck up to 10 years back (depending if Teck 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 Teck

You need the following data to determine ROE:

Income statement
Balance sheet
Net profit MRQ (income statement) Teck = 483,000
Shareholders equity (balance sheet) MRQ Teck = 26,988,000
483,000 / 26,988,000 = 0.02 or 1.8%

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 Teck Resources Ltd Class B.

1.2. Operating Efficiency

1.2.1. Operating Margin

Measures how efficient Teck is operating .

Measures how much profit Teck 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 Teck to the Other Industrial Metals & Mining industry mean.
An Operating Margin of 20.4% means the company generated $0.20 for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Teck Resources Ltd Class B:

The MRQ is 20.4%. The company is operating efficient. +1
The TTM is 28.1%. The company is operating very efficient. +2

Trends

Current period		Compared to		+/-
MRQ	20.4%	TTM	28.1%	-7.8%
TTM	28.1%	YOY	33.2%	-5.1%
TTM	28.1%	5Y	23.2%	+5.0%
5Y	23.2%	10Y	21.3%	+1.9%

Compared to industry (Other Industrial Metals & Mining)

Period	Company	Industry (mean)	+/-
MRQ	20.4%	-447.2%	+467.6%
TTM	28.1%	-170.8%	+198.9%
YOY	33.2%	-127.2%	+160.4%
5Y	23.2%	-563.6%	+586.8%
10Y	21.3%	-949.7%	+971.0%

Measures how efficient Teck 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 Teck to the Other Industrial Metals & Mining 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 Teck 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 Teck is 20.4%. This means that Teck earned $0.20 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Margin of the Other Industrial Metals & Mining industry is -447.2%.
What is the trend?
The trend is important because it shows you how Teck is performing over time. The most recent quarter might be important if Teck 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 Teck 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 Teck

You need the following data to determine operating margin:

Income statement
Operating earnings MRQ Teck = 836,000
Total revenue MRQ Teck = 4,108,000
$836,000 / $4,108,000 = 0.20 or 20.4%

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 Teck is keeping operating costs low.

Below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
An Operation Ratio of 0.80 means that the operating costs are $0.80 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Teck Resources Ltd Class B:

The MRQ is 0.796. The company is efficient in keeping operating costs low. +1
The TTM is 0.733. The company is efficient in keeping operating costs low. +1

Trends

Current period		Compared to		+/-
MRQ	0.796	TTM	0.733	+0.063
TTM	0.733	YOY	0.640	+0.093
TTM	0.733	5Y	0.764	-0.031
5Y	0.764	10Y	0.782	-0.019

Compared to industry (Other Industrial Metals & Mining)

Period	Company	Industry (mean)	+/-
MRQ	0.796	2.250	-1.454
TTM	0.733	2.173	-1.440
YOY	0.640	2.434	-1.794
5Y	0.764	8.072	-7.308
10Y	0.782	11.856	-11.074

Measures how efficient Teck 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 Teck to the Other Industrial Metals & Mining 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 Teck is 79.6%. This means that Teck earned $0.80 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 Other Industrial Metals & Mining industry is 2.25.
What is the trend?
The trend is important because it shows you how Teck is performing over time. The most recent quarter might be important if Teck 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 Teck 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 Teck

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
(2,956,000 +316,000) \ 4,108,000 = 0.80

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 Teck Resources Ltd Class B.

1.3. Liquidity

1.3.1. Current Ratio

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

Above 1.5 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
A Current Ratio of 1.10 means the company has $1.10 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Teck Resources Ltd Class B:

The MRQ is 1.097. The company is just able to pay all its short-term debts.
The TTM is 1.218. The company is just able to pay all its short-term debts.

Trends

Current period		Compared to		+/-
MRQ	1.097	TTM	1.218	-0.121
TTM	1.218	YOY	1.701	-0.483
TTM	1.218	5Y	1.585	-0.367
5Y	1.585	10Y	1.962	-0.377

Compared to industry (Other Industrial Metals & Mining)

Period	Company	Industry (mean)	+/-
MRQ	1.097	2.373	-1.276
TTM	1.218	2.561	-1.343
YOY	1.701	3.569	-1.868
5Y	1.585	4.038	-2.453
10Y	1.962	4.724	-2.762

Measures if Teck 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 Other Industrial Metals & Mining 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 Teck 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 Teck is 1.10. This means Teck has $1.10 in assets for each $1 in short-term debts.
How does it compare to the industry?
The mean MRQ Current Ratio of the Other Industrial Metals & Mining industry is 2.37.
What is the trend?
The trend is important because it shows you how Teck is performing over time. The most recent quarter might be important if Teck 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 Teck 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 Teck

You need the following data to determine operating ratio:

Balance sheet
Current ratio = current assets \ current liabilities
6,465,000 \ 5,892,000) = 1.10

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

Above 1 is considered healthy but always compare Teck to the Other Industrial Metals & Mining industry mean.
A Quick Ratio of 0.50 means the company can pay off $0.50 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Teck Resources Ltd Class B:

The MRQ is 0.498. The company is just not able to pay all its short-term debts with the most liquid assets. -1
The TTM is 0.597. The company is just not able to pay all its short-term debts with the most liquid assets. -1

Trends

Current period		Compared to		+/-
MRQ	0.498	TTM	0.597	-0.099
TTM	0.597	YOY	0.924	-0.327
TTM	0.597	5Y	0.749	-0.152
5Y	0.749	10Y	1.039	-0.290

Compared to industry (Other Industrial Metals & Mining)

Period	Company	Industry (mean)	+/-
MRQ	0.498	0.968	-0.470
TTM	0.597	0.982	-0.385
YOY	0.924	1.192	-0.268
5Y	0.749	1.530	-0.781
10Y	1.039	1.825	-0.786

1.4. Solvency of Teck Resources Ltd Class B.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

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

Below 1 (100%) is considered healthy but always compare Teck to Other Industrial Metals & Mining industry mean.
A Debt to Asset Ratio of 0.50 means that Teck assets are financed with 49.7% credit (debt) and the remaining percentage (100% - 49.7%) is financed by its owners/shareholders.

Let's take a look of the Debt to Asset Ratio trends of Teck Resources Ltd Class B:

The MRQ is 0.497. The company is very able to pay all its debts by selling its assets. +2
The TTM is 0.487. The company is very able to pay all its debts by selling its assets. +2

Trends

Current period		Compared to		+/-
MRQ	0.497	TTM	0.487	+0.010
TTM	0.487	YOY	0.483	+0.004
TTM	0.487	5Y	0.472	+0.015
5Y	0.472	10Y	0.476	-0.004

Compared to industry (Other Industrial Metals & Mining)

Period	Company	Industry (mean)	+/-
MRQ	0.497	0.187	+0.310
TTM	0.487	0.189	+0.298
YOY	0.483	0.144	+0.339
5Y	0.472	0.218	+0.254
10Y	0.476	0.251	+0.225

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

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

How to use debt to asset ratio

Lower is better.
below 1 (100%) is considered healthy but always compare Teck to Other Industrial Metals & Mining 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 Teck is 0.50. This means means that Teck is financed with 49.7% 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 Other Industrial Metals & Mining industry is 237.3%.
What is the trend?
The trend is important because it shows you how Teck is performing over time. The most recent quarter might be important if Teck 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 Teck 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 Teck has so much debt.

How to calculate debt to asset ratio

Debt to asset ratio = total debt \ total assets

Real life example Teck

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

Balance sheet
Debt to asset ratio = total debt \ total assets
27,901,000 \ 56,193,000 = 49.7% or 0.50.

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 Teck is able to pay off its debts by using shareholders equity.

Below 2 is considered healthy but always compare Teck to the Other Industrial Metals & Mining industry mean.
A Debt to Equity ratio of 103.4% means that company has $1.03 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Teck Resources Ltd Class B:

The MRQ is 1.034. The company is able to pay all its debts with equity. +1
The TTM is 0.994. The company is very able to pay all its debts with equity. +2

Trends

Current period		Compared to		+/-
MRQ	1.034	TTM	0.994	+0.040
TTM	0.994	YOY	0.969	+0.025
TTM	0.994	5Y	0.932	+0.062
5Y	0.932	10Y	0.934	-0.002

Compared to industry (Other Industrial Metals & Mining)

Period	Company	Industry (mean)	+/-
MRQ	1.034	0.201	+0.833
TTM	0.994	0.208	+0.786
YOY	0.969	0.147	+0.822
5Y	0.932	0.225	+0.707
10Y	0.934	0.256	+0.678

Measures if Teck 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 Teck 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 Teck is 1.03. This means that Teck can pay off $1.03 for each $1 in debt.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Other Industrial Metals & Mining industry is 0.20.
What is the trend?
The trend is important because it shows you how Teck is performing over time. The most recent quarter might be important if Teck 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 Teck 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 Teck

You need the following data to determine equity ratio:

Balance sheet
Debt to equity ratio = total debt \ shareholders equity
27,901,000 \ 26,988,000 = 1.03 or 103.4%

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 Teck Resources Ltd Class B

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 Teck generates.

Above 15 is considered overpriced but always compare Teck to the Other Industrial Metals & Mining industry mean.
A PE ratio of 15.77 means the investor is paying $15.77 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Teck Resources Ltd Class B:

The EOD is 17.114. Based on the earnings, the company is fair priced.
The MRQ is 15.775. Based on the earnings, the company is fair priced.
The TTM is 19.283. Based on the earnings, the company is fair priced.

Trends

Current period		Compared to		+/-
EOD	17.114	MRQ	15.775	+1.340
MRQ	15.775	TTM	19.283	-3.508
TTM	19.283	YOY	-3.438	+22.721
TTM	19.283	5Y	8.061	+11.222
5Y	8.061	10Y	19.471	-11.410

Compared to industry (Other Industrial Metals & Mining)

Period	Company	Industry (mean)	+/-
EOD	17.114	-3.980	+21.094
MRQ	15.775	-5.346	+21.121
TTM	19.283	-5.501	+24.784
YOY	-3.438	-8.246	+4.808
5Y	8.061	-11.006	+19.067
10Y	19.471	-12.091	+31.562

Measures how much money you pay for each share for every $1 in earnings Teck 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 Teck to the Other Industrial Metals & Mining 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 Teck is 15.77. This means the investor is paying $15.77 for every $1 in earnings.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Other Industrial Metals & Mining industry is -5.35.
What is the trend?
The trend is important because it shows you how Teck is performing over time. The most recent quarter might be important if Teck 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 Teck 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 Teck

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 \ 526,400 = EPS
PE ratio MRQ = 15.77

* 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 Teck Resources Ltd Class B:

The EOD is -16.177. Based on how much money comes from the company's main activities, the company is expensive. -2
The MRQ is -14.910. Based on how much money comes from the company's main activities, the company is expensive. -2
The TTM is -15.208. Based on how much money comes from the company's main activities, the company is expensive. -2

Trends

Current period		Compared to		+/-
EOD	-16.177	MRQ	-14.910	-1.266
MRQ	-14.910	TTM	-15.208	+0.298
TTM	-15.208	YOY	3.380	-18.588
TTM	-15.208	5Y	-2.419	-12.789
5Y	-2.419	10Y	-2.477	+0.059

Compared to industry (Other Industrial Metals & Mining)

Period	Company	Industry (mean)	+/-
EOD	-16.177	-4.236	-11.941
MRQ	-14.910	-5.631	-9.279
TTM	-15.208	-5.986	-9.222
YOY	3.380	-8.265	+11.645
5Y	-2.419	-12.262	+9.843
10Y	-2.477	-13.419	+10.942

2. Book Value per Share

2.3. Price to Book Ratio

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

At or below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
A PB ratio of 1.08 means the investor is paying $1.08 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Teck Resources Ltd Class B:

The EOD is 1.169. Based on the equity, the company is underpriced. +1
The MRQ is 1.077. Based on the equity, the company is underpriced. +1
The TTM is 1.056. Based on the equity, the company is underpriced. +1

Trends

Current period		Compared to		+/-
EOD	1.169	MRQ	1.077	+0.091
MRQ	1.077	TTM	1.056	+0.021
TTM	1.056	YOY	0.983	+0.073
TTM	1.056	5Y	0.785	+0.271
5Y	0.785	10Y	0.757	+0.028

Compared to industry (Other Industrial Metals & Mining)

Period	Company	Industry (mean)	+/-
EOD	1.169	1.215	-0.046
MRQ	1.077	1.501	-0.424
TTM	1.056	1.580	-0.524
YOY	0.983	2.236	-1.253
5Y	0.785	2.410	-1.625
10Y	0.757	2.891	-2.134

2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Teck Resources Ltd Class B.

3.1. Institutions holding Teck Resources Ltd Class B

Institutions are holding 77.808% of the shares of Teck Resources Ltd Class B.

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2023-12-31	Royal Bank of Canada	3.6303	0.1855	18797723	-13958	-0.0742
2023-12-31	Dodge & Cox	3.5368	0.4913	18313640	-197600	-1.0675
2023-12-31	Vanguard Group Inc	3.1733	0.0152	16431096	457592	2.8647
2023-12-31	Davis Selected Advisers	2.4661	3.05	12769491	-105659	-0.8206
2023-12-31	Amundi	2.3648	0.2152	12245085	-46574	-0.3789
2023-12-31	Fidelity International Ltd	2.3054	0.5302	11937233	5933226	98.8211
2023-12-31	Goldman Sachs Group Inc	2.2046	0.0433	11415228	6566255	135.4154
2023-12-31	Boston Partners Global Investors, Inc	2.1015	0.6424	10881781	2432378	28.7876
2023-12-31	Soroban Capital Partners LP	1.6986	4.601	8795582	-1266341	-12.5855
2023-12-31	HHG PLC	1.6224	0.2128	8400998	809226	10.6593
2023-12-31	Mackenzie Investments	1.2809	0.423	6632418	2080295	45.6994
2023-12-31	Dimensional Fund Advisors, Inc.	1.2542	0.0802	6494421	-560170	-7.9405
2023-12-31	CIBC Global Asset Management Inc	1.2338	1.0119	6388652	174492	2.808
2023-12-31	Bank of Montreal	1.1267	0.0756	5833981	622910	11.9536
2023-12-31	BMO Capital Markets Corp.	1.1267	0.0756	5833981	622910	11.9536
2023-12-31	Duquesne Family Office LLC	1.0669	6.9678	5524602	1418925	34.5601
2023-12-31	AllianceBernstein L.P.	0.8442	0.0711	4371284	1187947	37.3177
2023-12-31	NORGES BANK	0.7892	0.0302	4086390	-3620914	-46.9803
2023-12-31	CIBC World Markets Inc.	0.7565	0.4199	3917271	182504	4.8866
2023-12-31	T. Rowe Price Associates, Inc.	0.7413	0.0218	3838695	-690829	-15.2517
Total		35.3242	19.164	182909552	+15986615	+8.7%

3.2. Funds holding Teck Resources Ltd Class B

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2023-12-31	Dodge & Cox International Stock I	2.7373	1.2642	14160640	0	0
2024-01-31	Vanguard Total Intl Stock Index Inv	1.1956	0.0615	6185075	39969	0.6504
2023-12-31	Pioneer A	0.9136	2.634	4726486	-36688	-0.7702
2023-12-31	Pioneer US Large Core Equity	0.9136	2.6299	4726486	4669989	8265.9062
2023-10-31	Davis NY Venture A	0.7631	2.4875	3947622	0	0
2024-01-31	Vanguard Developed Markets Index Admiral	0.7148	0.0825	3697958	11066	0.3001
2023-12-31	BGF World Mining A2	0.6805	2.8245	3520203	-1291278	-26.8374
2023-12-31	Janus Henderson Intl Alpha Equity	0.6282	4.4688	3249596	0	0
2023-12-31	Janus Henderson Overseas D	0.6282	4.4709	3249596	0	0
2024-01-31	Vanguard Instl Ttl Intl Stk Mkt Idx TrII	0.5752	0.0622	2975848	32415	1.1013
2023-10-31	RBC Canadian Dividend Fund A	0.5304	0.7383	2743707	214629	8.4865
2023-12-31	Amundi Fds US Pioneer A USD C	0.4589	2.6103	2373759	-54442	-2.2421
2023-12-31	JHancock Disciplined Value Mid Cap I	0.4547	0.455	2352064	-14451	-0.6106
2024-01-31	iShares S&P/TSX 60 ETF	0.4335	1.0127	2242525	-5445	-0.2422
2023-12-31	JHancock Disciplined Value I	0.3926	0.6596	2030982	-48022	-2.3099
2023-12-31	Janus Henderson Global Select D	0.38	3.318	1965787	98062	5.2503
2023-12-31	Janus Henderson Global Alpha Equity	0.38	3.3169	1965787	98062	5.2503
2023-12-31	Dodge & Cox Global Stock I	0.3625	0.7277	1875100	-43500	-2.2673
2023-12-31	Russell Investments Core Equity SMA	0.3591	0.8489	1857794	0	0
2023-12-31	T. Rowe Price Real Assets Tr I-Z	0.337	0.641	1743369	-160177	-8.4147
Total		13.8388	35.3144	71590384	+3510189	+4.9%

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Teck Resources Ltd Class B 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	-	-	0.009	0.520	-98%	1.294	-99%	0.514	-98%	0.385	-98%
Book Value Per Share	-	-	39.240	38.814	+1%	35.550	+10%	32.789	+20%	28.293	+39%
Current Ratio	-	-	1.097	1.218	-10%	1.701	-35%	1.585	-31%	1.962	-44%
Debt To Asset Ratio	-	-	0.497	0.487	+2%	0.483	+3%	0.472	+5%	0.476	+4%
Debt To Equity Ratio	-	-	1.034	0.994	+4%	0.969	+7%	0.932	+11%	0.934	+11%
Dividend Per Share	-	-	0.089	0.179	-51%	0.180	-51%	0.093	-5%	0.124	-28%
Eps	-	-	0.670	0.757	-12%	1.416	-53%	0.503	+33%	0.367	+83%
Free Cash Flow Per Share	-	-	-0.709	-0.700	-1%	0.804	-188%	-0.118	-83%	0.116	-712%
Free Cash Flow To Equity Per Share	-	-	-0.947	-0.792	-16%	0.132	-820%	-0.130	-86%	-0.174	-82%
Gross Profit Margin	-	-	1.000	1.000	0%	1.000	0%	1.000	0%	1.000	0%
Intrinsic Value_10Y_max	-	-	-0.596	-	-	-	-	-	-	-	-
Intrinsic Value_10Y_min	-	-	-9.551	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_max	-	-	0.388	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_min	-	-	-0.040	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_max	-	-	0.825	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_min	-	-	-0.916	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_max	-	-	0.851	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_min	-	-	-2.655	-	-	-	-	-	-	-	-
Market Cap	23412952026.880	+5%	22250928000.000	21538844240.875	+3%	18591019000.000	+20%	14212992548.175	+57%	12209515393.729	+82%
Net Profit Margin	-	-	0.118	0.160	-27%	0.161	-27%	0.087	+35%	0.073	+61%
Operating Margin	-	-	0.204	0.281	-28%	0.332	-39%	0.232	-12%	0.213	-4%
Operating Ratio	-	-	0.796	0.733	+9%	0.640	+24%	0.764	+4%	0.782	+2%
Pb Ratio	1.169	+8%	1.077	1.056	+2%	0.983	+10%	0.785	+37%	0.757	+42%
Pe Ratio	17.114	+8%	15.775	19.283	-18%	-3.438	+122%	8.061	+96%	19.471	-19%
Price Per Share	45.860	+8%	42.270	40.990	+3%	34.798	+21%	26.450	+60%	22.013	+92%
Price To Free Cash Flow Ratio	-16.177	-8%	-14.910	-15.208	+2%	3.380	-541%	-2.419	-84%	-2.477	-83%
Price To Total Gains Ratio	468.252	+8%	431.596	332.921	+30%	28.129	+1434%	101.887	+324%	98.810	+337%
Quick Ratio	-	-	0.498	0.597	-17%	0.924	-46%	0.749	-34%	1.039	-52%
Return On Assets	-	-	0.009	0.011	-23%	0.017	-49%	0.008	+8%	0.007	+23%
Return On Equity	-	-	0.018	0.023	-21%	0.033	-46%	0.016	+11%	0.013	+35%
Total Gains Per Share	-	-	0.098	0.700	-86%	1.474	-93%	0.607	-84%	0.509	-81%
Usd Book Value	-	-	20655989200.000	20391693000.000	+1%	18967998000.000	+9%	17670573795.000	+17%	15734731897.500	+31%
Usd Book Value Change Per Share	-	-	0.009	0.520	-98%	1.294	-99%	0.514	-98%	0.385	-98%
Usd Book Value Per Share	-	-	39.240	38.814	+1%	35.550	+10%	32.789	+20%	28.293	+39%
Usd Dividend Per Share	-	-	0.089	0.179	-51%	0.180	-51%	0.093	-5%	0.124	-28%
Usd Eps	-	-	0.670	0.757	-12%	1.416	-53%	0.503	+33%	0.367	+83%
Usd Free Cash Flow	-	-	-373081100.000	-367787875.000	-1%	442988175.000	-184%	-58846060.000	-84%	72571940.000	-614%
Usd Free Cash Flow Per Share	-	-	-0.709	-0.700	-1%	0.804	-188%	-0.118	-83%	0.116	-712%
Usd Free Cash Flow To Equity Per Share	-	-	-0.947	-0.792	-16%	0.132	-820%	-0.130	-86%	-0.174	-82%
Usd Market Cap	23412952026.880	+5%	22250928000.000	21538844240.875	+3%	18591019000.000	+20%	14212992548.175	+57%	12209515393.729	+82%
Usd Price Per Share	45.860	+8%	42.270	40.990	+3%	34.798	+21%	26.450	+60%	22.013	+92%
Usd Profit	-	-	352638300.000	439702725.000	-20%	605435425.000	-42%	294558845.000	+20%	230218782.500	+53%
Usd Revenue	-	-	2999250800.000	2739882775.000	+9%	3400075700.000	-12%	2482413010.000	+21%	2167885930.000	+38%
Usd Total Gains Per Share	-	-	0.098	0.700	-86%	1.474	-93%	0.607	-84%	0.509	-81%
	EOD	+5 -3	MRQ	TTM	+9 -26	YOY	+8 -27	5Y	+15 -20	10Y	+16 -19

4.2. Fundamental Score

Let's check the fundamental score of Teck Resources Ltd Class B based on Penke's default stock scanner.

Penke's Stock Scanner

Indicator	Condition		Value
Price to Earnings Ratio (EOD)	Between	0-15	17.114
Price to Book Ratio (EOD)	Between	0-1	1.169
Net Profit Margin (MRQ)	Greater than	0	0.118
Operating Margin (MRQ)	Greater than	0	0.204
Quick Ratio (MRQ)	Greater than	1	0.498
Current Ratio (MRQ)	Greater than	1	1.097
Debt to Asset Ratio (MRQ)	Less than	1	0.497
Debt to Equity Ratio (MRQ)	Less than	1	1.034
Return on Equity (MRQ)	Greater than	0.15	0.018
Return on Assets (MRQ)	Greater than	0.05	0.009
Total			4/10 (40.0%)

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 Teck Resources Ltd Class B based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	50.011
Ma 20	Greater than	Ma 50	46.740
Ma 50	Greater than	Ma 100	42.961
Ma 100	Greater than	Ma 200	41.225
Open	Greater than	Close	46.130
Total			5/5 (100.0%)

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 CAD. All numbers in thousands.

Summary

Total Assets	56,193,000
Total Liabilities	27,901,000
Total Stockholder Equity	26,988,000

	As reported
Total Liabilities	27,901,000
Total Stockholder Equity	+ 26,988,000
Total Assets	= 56,193,000

Assets

Total Assets	56,193,000
Total Current Assets	6,465,000
Long-term Assets	49,728,000

Total Current Assets

Total Current Assets (as reported)	6,465,000
Cash And Cash Equivalents	744,000
Net Receivables	2,190,000
Inventory	2,946,000
Other Current Assets	585,000
Total Current Assets (calculated)	6,465,000
+/-	0

Long-term Assets

Long-term Assets (as reported)	49,728,000
Property Plant Equipment	45,565,000
Goodwill	1,108,000
Long Term Investments	1,513,000
Intangible Assets	345,000
Long-term Assets Other	1,064,000
Long-term Assets (calculated)	49,595,000
+/-	133,000

Liabilities & Shareholders' Equity

Total Current Liabilities	5,892,000
Long-term Liabilities	22,009,000
Total Stockholder Equity	26,988,000

Total Current Liabilities

Total Current Liabilities (as reported)	5,892,000
Short-term Debt	710,000
Short Long Term Debt	515,000
Accounts payable	4,001,000
Other Current Liabilities	1,154,000
Total Current Liabilities (calculated)	6,380,000
+/-	488,000

Long-term Liabilities

Long-term Liabilities (as reported)	22,009,000
Long term Debt	9,516,000
Capital Lease Obligations	1,061,000
Long-term Liabilities Other	681,000
Long-term Liabilities (calculated)	11,258,000
+/-	10,751,000

Total Stockholder Equity

Total Stockholder Equity (as reported)	26,988,000
Common Stock	6,464,000
Retained Earnings	19,618,000
Accumulated Other Comprehensive Income	693,000
Other Stockholders Equity	213,000
Total Stockholder Equity (calculated)	26,988,000
+/-	0

Other

Capital Stock	6,464,000
Cash and Short Term Investments	744,000
Common Stock Shares Outstanding	526,400
Current Deferred Revenue	27,000
Liabilities and Stockholders Equity	56,193,000
Net Debt	10,348,000
Net Invested Capital	37,019,000
Net Working Capital	573,000
Property Plant and Equipment Gross	68,889,000
Short Long Term Debt Total	11,092,000

Balance Sheet

Currency in CAD. 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

> Total Assets

1,368,300
1,375,400
1,343,100
1,469,100
1,608,900
1,613,400
1,780,800
1,800,600
1,820,100
1,855,500
1,977,600
1,989,600
2,012,300
2,037,500
2,616,100
2,580,100
2,582,900
2,746,900
2,675,500
2,359,100
2,358,300
2,406,100
2,416,700
2,339,700
2,332,500
2,581,700
2,621,300
2,662,100
2,673,400
2,719,600
2,844,171
5,102,000
5,262,000
5,310,000
5,278,000
5,153,000
5,105,000
4,809,000
4,940,000
4,958,000
5,113,000
4,844,000
5,238,000
5,267,000
5,588,000
5,793,000
5,854,000
6,059,000
6,293,000
6,518,000
8,042,000
8,809,000
8,928,000
9,454,545
9,896,055
11,446,878
11,128,921
10,595,112
13,941,171
13,573,344
13,806,193
14,185,834
15,175,644
31,533,511
31,970,251
30,223,000
29,911,000
29,873,000
28,417,000
28,570,000
29,412,000
29,209,000
29,126,000
29,865,000
33,640,000
34,219,000
34,038,000
34,354,000
34,759,000
34,617,000
34,783,000
34,971,000
34,919,000
36,183,000
36,381,000
36,263,000
36,447,000
36,839,000
37,566,000
37,248,000
34,654,000
34,688,000
33,815,000
33,911,000
34,452,000
35,629,000
34,851,000
34,898,000
35,468,000
37,058,000
37,894,000
38,634,000
38,373,000
39,626,000
42,106,000
41,215,000
41,817,000
39,350,000
38,774,000
39,238,000
40,267,000
41,278,000
41,712,000
42,779,000
44,936,000
47,368,000
48,824,000
49,635,000
50,324,000
52,359,000
53,758,000
53,090,000
54,787,000
56,193,000

56,193,000

54,787,000

53,090,000

53,758,000

52,359,000

50,324,000

49,635,000

48,824,000

47,368,000

44,936,000

42,779,000

41,712,000

41,278,000

40,267,000

39,238,000

38,774,000

39,350,000

41,817,000

41,215,000

42,106,000

39,626,000

38,373,000

38,634,000

37,894,000

37,058,000

35,468,000

34,898,000

34,851,000

35,629,000

34,452,000

33,911,000

33,815,000

34,688,000

34,654,000

37,248,000

37,566,000

36,839,000

36,447,000

36,263,000

36,381,000

36,183,000

34,919,000

34,971,000

34,783,000

34,617,000

34,759,000

34,354,000

34,038,000

34,219,000

33,640,000

29,865,000

29,126,000

29,209,000

29,412,000

28,570,000

28,417,000

29,873,000

29,911,000

30,223,000

31,970,251

31,533,511

15,175,644

14,185,834

13,806,193

13,573,344

13,941,171

10,595,112

11,128,921

11,446,878

9,896,055

9,454,545

8,928,000

8,809,000

8,042,000

6,518,000

6,293,000

6,059,000

5,854,000

5,793,000

5,588,000

5,267,000

5,238,000

4,844,000

5,113,000

4,958,000

4,940,000

4,809,000

5,105,000

5,153,000

5,278,000

5,310,000

5,262,000

5,102,000

2,844,171

2,719,600

2,673,400

2,662,100

2,621,300

2,581,700

2,332,500

2,339,700

2,416,700

2,406,100

2,358,300

2,359,100

2,675,500

2,746,900

2,582,900

2,580,100

2,616,100

2,037,500

2,012,300

1,989,600

1,977,600

1,855,500

1,820,100

1,800,600

1,780,800

1,613,400

1,608,900

1,469,100

1,343,100

1,375,400

1,368,300

> Total Current Assets

252,400
217,600
239,500
347,600
162,400
120,700
262,600
226,800
245,200
162,000
255,800
273,900
283,600
303,700
613,200
539,800
503,100
534,600
437,600
430,000
436,100
416,200
376,600
375,800
282,900
463,800
421,700
351,400
347,100
313,400
287,695
1,196,000
1,301,000
1,296,000
1,058,000
1,044,000
989,000
952,000
972,000
955,000
936,000
866,000
977,000
933,000
1,065,000
1,205,000
1,401,000
1,811,000
2,045,000
2,299,000
3,654,000
4,267,000
4,386,000
4,926,938
5,770,649
6,895,387
6,215,406
5,688,629
3,676,836
3,005,264
2,791,894
3,057,195
3,053,013
4,099,077
4,079,163
3,264,000
3,606,000
3,676,000
2,862,000
2,816,000
3,789,000
3,306,000
3,496,000
4,246,000
7,354,000
7,389,000
7,010,000
6,753,000
7,235,000
6,573,000
5,970,000
5,698,000
5,220,000
5,770,000
5,149,000
4,937,000
4,779,000
4,917,000
4,562,000
4,384,000
4,415,000
4,805,000
4,123,000
4,007,000
3,889,000
4,762,000
3,691,000
4,095,000
4,667,000
4,778,000
5,073,000
5,504,000
5,042,000
5,317,000
6,797,000
5,734,000
5,418,000
4,495,000
3,516,000
3,408,000
3,775,000
4,000,000
4,032,000
4,056,000
4,845,000
6,103,000
7,656,000
7,662,000
7,512,000
8,293,000
7,357,000
6,638,000
6,749,000
6,465,000

6,465,000

6,749,000

6,638,000

7,357,000

8,293,000

7,512,000

7,662,000

7,656,000

6,103,000

4,845,000

4,056,000

4,032,000

4,000,000

3,775,000

3,408,000

3,516,000

4,495,000

5,418,000

5,734,000

6,797,000

5,317,000

5,042,000

5,504,000

5,073,000

4,778,000

4,667,000

4,095,000

3,691,000

4,762,000

3,889,000

4,007,000

4,123,000

4,805,000

4,415,000

4,384,000

4,562,000

4,917,000

4,779,000

4,937,000

5,149,000

5,770,000

5,220,000

5,698,000

5,970,000

6,573,000

7,235,000

6,753,000

7,010,000

7,389,000

7,354,000

4,246,000

3,496,000

3,306,000

3,789,000

2,816,000

2,862,000

3,676,000

3,606,000

3,264,000

4,079,163

4,099,077

3,053,013

3,057,195

2,791,894

3,005,264

3,676,836

5,688,629

6,215,406

6,895,387

5,770,649

4,926,938

4,386,000

4,267,000

3,654,000

2,299,000

2,045,000

1,811,000

1,401,000

1,205,000

1,065,000

933,000

977,000

866,000

936,000

955,000

972,000

952,000

989,000

1,044,000

1,058,000

1,296,000

1,301,000

1,196,000

287,695

313,400

347,100

351,400

421,700

463,800

282,900

375,800

376,600

416,200

436,100

430,000

437,600

534,600

503,100

539,800

613,200

303,700

283,600

273,900

255,800

162,000

245,200

226,800

262,600

120,700

162,400

347,600

239,500

217,600

252,400

Cash And Cash Equivalents

0
0
0
253,100
0
0
0
131,700
0
0
106,400
132,300
130,900
151,100
457,800
381,700
345,600
366,900
272,300
265,300
279,500
235,800
204,900
195,600
129,700
317,800
263,000
198,800
200,800
171,100
129,478
266,000
368,000
394,000
74,000
101,000
85,000
69,000
21,000
91,000
32,000
35,000
60,000
96,000
186,000
326,000
429,000
907,000
1,147,000
1,326,000
2,525,000
3,084,000
3,165,000
3,230,340
3,679,446
5,053,588
3,961,024
4,008,502
1,767,862
1,408,283
1,059,562
1,162,223
1,246,540
849,927
1,632,422
750,000
1,082,000
1,329,000
774,000
758,000
1,177,000
832,000
1,046,000
1,314,000
4,260,000
4,405,000
3,800,000
3,641,000
3,930,000
3,267,000
2,950,000
2,799,000
2,250,000
2,772,000
2,386,000
2,131,000
1,853,000
2,029,000
1,567,000
1,327,000
1,487,000
1,887,000
1,485,000
1,271,000
1,113,000
1,407,000
536,000
846,000
889,000
952,000
1,209,000
1,631,000
1,483,000
1,734,000
2,446,000
1,529,000
1,619,000
1,026,000
219,000
336,000
403,000
450,000
369,000
312,000
390,000
1,427,000
2,465,000
2,702,000
2,638,000
1,883,000
2,265,000
1,773,000
1,343,000
744,000

744,000

1,343,000

1,773,000

2,265,000

1,883,000

2,638,000

2,702,000

2,465,000

1,427,000

390,000

312,000

369,000

450,000

403,000

336,000

219,000

1,026,000

1,619,000

1,529,000

2,446,000

1,734,000

1,483,000

1,631,000

1,209,000

952,000

889,000

846,000

536,000

1,407,000

1,113,000

1,271,000

1,485,000

1,887,000

1,487,000

1,327,000

1,567,000

2,029,000

1,853,000

2,131,000

2,386,000

2,772,000

2,250,000

2,799,000

2,950,000

3,267,000

3,930,000

3,641,000

3,800,000

4,405,000

4,260,000

1,314,000

1,046,000

832,000

1,177,000

758,000

774,000

1,329,000

1,082,000

750,000

1,632,422

849,927

1,246,540

1,162,223

1,059,562

1,408,283

1,767,862

4,008,502

3,961,024

5,053,588

3,679,446

3,230,340

3,165,000

3,084,000

2,525,000

1,326,000

1,147,000

907,000

429,000

326,000

186,000

96,000

60,000

35,000

32,000

91,000

21,000

69,000

85,000

101,000

74,000

394,000

368,000

266,000

129,478

171,100

200,800

198,800

263,000

317,800

129,700

195,600

204,900

235,800

279,500

265,300

272,300

366,900

345,600

381,700

457,800

151,100

130,900

132,300

106,400

131,700

253,100

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
32,000
0
0
0
986,000
1,775,000
350,251
631,497
227,167
817,574
165,781
32,793
0
0
0
0
10,928
138,661
12,000
154,321
86,502
0
0
0
0
0
0
0
0
0
0
0
-305,000
0
0
0
-486,000
0
0
0
-624,000
0
0
0
-738,000
0
0
0
-871,000
0
0
0
-895,000
0
0
0
0
0
0
0
0
0
0
0
-1,091,000
0
0
0
-1,393,000
0
0
0
-1,102,000
0
0
0
0

-1,102,000

-1,393,000

-1,091,000

-895,000

-871,000

-738,000

-624,000

-486,000

-305,000

86,502

154,321

12,000

138,661

10,928

32,793

165,781

817,574

227,167

631,497

350,251

1,775,000

986,000

32,000

Net Receivables

0
0
0
15,500
0
0
0
18,400
0
0
59,100
59,300
59,300
60,300
59,200
58,500
65,000
72,500
71,000
72,900
62,400
71,500
69,800
75,700
56,200
65,700
61,500
57,500
56,300
44,600
59,036
292,000
250,000
203,000
232,000
242,000
219,000
207,000
198,000
235,000
232,000
210,000
252,000
315,000
316,000
301,000
347,000
364,000
342,000
345,000
424,000
531,000
537,000
587,842
590,142
723,439
636,531
651,435
724,436
592,909
765,353
901,689
765,382
1,898,980
893,735
1,051,000
948,000
881,000
789,000
723,000
1,221,000
1,094,000
1,060,000
1,379,000
1,437,000
1,343,000
1,410,000
1,266,000
1,368,000
1,426,000
1,260,000
1,111,000
1,214,000
1,303,000
1,021,000
1,103,000
1,091,000
1,136,000
1,181,000
1,171,000
1,095,000
1,298,000
1,155,000
1,175,000
1,117,000
1,682,000
1,521,000
1,229,000
1,820,000
1,839,000
1,469,000
1,327,000
1,317,000
1,258,000
1,632,000
1,456,000
1,405,000
1,157,000
1,084,000
743,000
1,120,000
1,326,000
1,321,000
1,234,000
1,836,000
1,987,000
2,265,000
2,061,000
1,785,000
1,619,000
1,801,000
1,392,000
1,843,000
2,190,000

2,190,000

1,843,000

1,392,000

1,801,000

1,619,000

1,785,000

2,061,000

2,265,000

1,987,000

1,836,000

1,234,000

1,321,000

1,326,000

1,120,000

743,000

1,084,000

1,157,000

1,405,000

1,456,000

1,632,000

1,258,000

1,317,000

1,327,000

1,469,000

1,839,000

1,820,000

1,229,000

1,521,000

1,682,000

1,117,000

1,175,000

1,155,000

1,298,000

1,095,000

1,171,000

1,181,000

1,136,000

1,091,000

1,103,000

1,021,000

1,303,000

1,214,000

1,111,000

1,260,000

1,426,000

1,368,000

1,266,000

1,410,000

1,343,000

1,437,000

1,379,000

1,060,000

1,094,000

1,221,000

723,000

789,000

881,000

948,000

1,051,000

893,735

1,898,980

765,382

901,689

765,353

592,909

724,436

651,435

636,531

723,439

590,142

587,842

537,000

531,000

424,000

345,000

342,000

364,000

347,000

301,000

316,000

315,000

252,000

210,000

232,000

235,000

198,000

207,000

219,000

242,000

232,000

203,000

250,000

292,000

59,036

44,600

56,300

57,500

61,500

65,700

56,200

75,700

69,800

71,500

62,400

72,900

71,000

72,500

65,000

58,500

59,200

60,300

59,300

59,100

18,400

15,500

Other Current Assets

252,400
217,600
239,500
26,400
162,400
120,700
262,600
31,400
245,200
162,000
39,400
37,800
37,800
37,500
40,400
39,000
40,200
41,900
43,200
40,000
40,300
38,700
44,800
40,900
37,200
35,800
39,500
37,000
34,500
36,200
39,818
172,000
160,000
147,000
184,000
161,000
149,000
133,000
165,000
134,000
128,000
117,000
155,000
135,000
134,000
127,000
156,000
130,000
130,000
130,000
160,000
0
0
0
0
0
6,919
-1,063
0
0
0
0
0
0
-1,261
903,853
165,000
91,000
777,034
679,128
1,186,474
1,097,292
1,092,558
1,431,389
1,368,441
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
350,000
350,000
350,000
230,000
201,000
232,000
260,000
673,000
690,000
290,000
331,000
338,000
350,000
354,000
352,000
368,000
334,000
284,000
299,000
595,000
492,000
506,000
540,000
512,000
527,000
605,000
585,000

585,000

605,000

527,000

512,000

540,000

506,000

492,000

595,000

299,000

284,000

334,000

368,000

352,000

354,000

350,000

338,000

331,000

290,000

690,000

673,000

260,000

232,000

201,000

230,000

350,000

1,368,441

1,431,389

1,092,558

1,097,292

1,186,474

679,128

777,034

91,000

165,000

903,853

-1,261

-1,063

6,919

160,000

130,000

156,000

127,000

134,000

135,000

155,000

117,000

128,000

134,000

165,000

133,000

149,000

161,000

184,000

147,000

160,000

172,000

39,818

36,200

34,500

37,000

39,500

35,800

37,200

40,900

44,800

38,700

40,300

40,000

43,200

41,900

40,200

39,000

40,400

37,500

37,800

39,400

162,000

245,200

31,400

262,600

120,700

162,400

26,400

239,500

217,600

252,400

> Long-term Assets

1,115,900
1,157,800
1,103,600
1,121,500
1,446,500
1,492,700
1,518,200
1,573,800
1,574,900
1,693,500
1,721,800
1,715,700
1,728,700
1,733,800
2,002,900
2,040,300
2,079,800
2,212,300
2,237,900
1,929,100
1,922,200
1,989,900
2,040,100
1,963,900
2,049,600
2,117,900
2,199,600
2,310,700
2,326,300
2,406,200
2,556,476
3,906,000
3,961,000
4,014,000
4,220,000
4,109,000
4,116,000
3,857,000
3,968,000
4,003,000
4,177,000
3,978,000
4,261,000
4,334,000
4,523,000
4,588,000
4,453,000
4,248,000
4,248,000
4,219,000
4,388,000
4,542,000
4,542,000
4,527,607
4,125,405
4,551,491
4,913,515
4,906,482
10,264,335
10,568,080
11,014,299
11,128,638
12,122,631
27,434,434
27,891,088
26,959,000
26,305,000
26,197,000
25,555,000
25,754,000
25,623,000
25,903,000
25,630,000
25,619,000
26,286,000
26,830,000
27,028,000
27,601,000
27,524,000
28,044,000
28,813,000
29,273,000
29,699,000
30,413,000
31,232,000
31,326,000
31,668,000
31,922,000
33,004,000
32,864,000
30,239,000
29,883,000
29,692,000
29,904,000
30,563,000
30,867,000
31,160,000
30,803,000
30,801,000
32,280,000
32,821,000
33,130,000
33,331,000
34,309,000
35,309,000
35,481,000
36,399,000
34,855,000
35,258,000
35,830,000
36,492,000
37,278,000
37,680,000
38,723,000
40,091,000
41,265,000
41,168,000
41,973,000
42,812,000
44,066,000
46,401,000
46,452,000
48,038,000
49,728,000

49,728,000

48,038,000

46,452,000

46,401,000

44,066,000

42,812,000

41,973,000

41,168,000

41,265,000

40,091,000

38,723,000

37,680,000

37,278,000

36,492,000

35,830,000

35,258,000

34,855,000

36,399,000

35,481,000

35,309,000

34,309,000

33,331,000

33,130,000

32,821,000

32,280,000

30,801,000

30,803,000

31,160,000

30,867,000

30,563,000

29,904,000

29,692,000

29,883,000

30,239,000

32,864,000

33,004,000

31,922,000

31,668,000

31,326,000

31,232,000

30,413,000

29,699,000

29,273,000

28,813,000

28,044,000

27,524,000

27,601,000

27,028,000

26,830,000

26,286,000

25,619,000

25,630,000

25,903,000

25,623,000

25,754,000

25,555,000

26,197,000

26,305,000

26,959,000

27,891,088

27,434,434

12,122,631

11,128,638

11,014,299

10,568,080

10,264,335

4,906,482

4,913,515

4,551,491

4,125,405

4,527,607

4,542,000

4,388,000

4,219,000

4,248,000

4,453,000

4,588,000

4,523,000

4,334,000

4,261,000

3,978,000

4,177,000

4,003,000

3,968,000

3,857,000

4,116,000

4,109,000

4,220,000

4,014,000

3,961,000

3,906,000

2,556,476

2,406,200

2,326,300

2,310,700

2,199,600

2,117,900

2,049,600

1,963,900

2,040,100

1,989,900

1,922,200

1,929,100

2,237,900

2,212,300

2,079,800

2,040,300

2,002,900

1,733,800

1,728,700

1,715,700

1,721,800

1,693,500

1,574,900

1,573,800

1,518,200

1,492,700

1,446,500

1,121,500

1,103,600

1,157,800

1,115,900

Property Plant Equipment

765,000
814,000
777,400
757,600
813,200
847,700
864,400
893,500
865,000
870,400
873,100
860,400
860,600
858,700
829,000
907,700
900,100
1,058,600
1,047,800
864,800
868,600
957,000
1,010,900
1,002,700
1,049,200
1,095,500
1,161,000
1,145,000
1,151,900
1,199,400
1,230,150
3,283,000
3,490,000
3,233,000
3,477,000
3,298,000
3,295,000
3,241,000
3,343,000
3,393,000
3,405,000
3,293,000
3,578,000
3,615,000
3,773,000
3,788,000
3,700,000
3,488,000
3,490,000
3,508,000
3,476,000
3,532,000
3,527,000
3,474,624
3,502,850
3,838,537
3,907,980
3,811,902
8,148,663
7,807,131
8,025,923
8,063,301
9,064,296
23,908,451
24,019,917
23,236,000
22,656,000
22,426,000
21,735,000
21,884,000
21,743,000
21,886,000
22,223,000
22,235,000
22,755,000
23,150,000
23,089,000
23,786,000
23,884,000
24,377,000
25,186,000
25,579,000
25,840,000
27,811,000
28,317,000
28,409,000
28,760,000
28,925,000
29,912,000
29,787,000
27,071,000
26,791,000
26,680,000
26,859,000
27,385,000
27,595,000
27,913,000
27,573,000
27,690,000
29,045,000
29,545,000
29,853,000
30,142,000
31,050,000
31,882,000
32,210,000
33,041,000
31,355,000
31,653,000
32,191,000
32,792,000
33,578,000
33,868,000
35,009,000
36,309,000
37,382,000
37,451,000
38,408,000
39,060,000
40,095,000
42,254,000
42,483,000
43,986,000
45,565,000

45,565,000

43,986,000

42,483,000

42,254,000

40,095,000

39,060,000

38,408,000

37,451,000

37,382,000

36,309,000

35,009,000

33,868,000

33,578,000

32,792,000

32,191,000

31,653,000

31,355,000

33,041,000

32,210,000

31,882,000

31,050,000

30,142,000

29,853,000

29,545,000

29,045,000

27,690,000

27,573,000

27,913,000

27,595,000

27,385,000

26,859,000

26,680,000

26,791,000

27,071,000

29,787,000

29,912,000

28,925,000

28,760,000

28,409,000

28,317,000

27,811,000

25,840,000

25,579,000

25,186,000

24,377,000

23,884,000

23,786,000

23,089,000

23,150,000

22,755,000

22,235,000

22,223,000

21,886,000

21,743,000

21,884,000

21,735,000

22,426,000

22,656,000

23,236,000

24,019,917

23,908,451

9,064,296

8,063,301

8,025,923

7,807,131

8,148,663

3,811,902

3,907,980

3,838,537

3,502,850

3,474,624

3,527,000

3,532,000

3,476,000

3,508,000

3,490,000

3,488,000

3,700,000

3,788,000

3,773,000

3,615,000

3,578,000

3,293,000

3,405,000

3,393,000

3,343,000

3,241,000

3,295,000

3,298,000

3,477,000

3,233,000

3,490,000

3,283,000

1,230,150

1,199,400

1,151,900

1,145,000

1,161,000

1,095,500

1,049,200

1,002,700

1,010,900

957,000

868,600

864,800

1,047,800

1,058,600

900,100

907,700

829,000

858,700

860,600

860,400

873,100

870,400

865,000

893,500

864,400

847,700

813,200

757,600

777,400

814,000

765,000

Goodwill

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
663,422
751,980
717,484
748,350
1,724,138
1,753,435
1,711,000
1,671,000
1,662,000
1,647,000
1,668,000
1,652,000
1,637,000
1,627,000
1,624,000
1,661,000
1,647,000
1,639,000
1,648,000
1,632,000
1,637,000
1,646,000
1,662,000
1,653,000
1,668,000
1,686,000
1,669,000
1,692,000
1,710,000
1,756,000
1,749,000
1,111,000
1,127,000
1,101,000
1,099,000
1,104,000
1,114,000
1,110,000
1,100,000
1,085,000
1,087,000
1,098,000
1,106,000
1,099,000
1,121,000
1,112,000
1,104,000
1,109,000
1,101,000
1,137,000
1,120,000
1,111,000
1,093,000
1,088,000
1,082,000
1,093,000
1,091,000
1,086,000
1,098,000
1,123,000
1,118,000
1,117,000
1,108,000
1,117,000
1,108,000

1,108,000

1,117,000

1,108,000

1,117,000

1,118,000

1,123,000

1,098,000

1,086,000

1,091,000

1,093,000

1,082,000

1,088,000

1,093,000

1,111,000

1,120,000

1,137,000

1,101,000

1,109,000

1,104,000

1,112,000

1,121,000

1,099,000

1,106,000

1,098,000

1,087,000

1,085,000

1,100,000

1,110,000

1,114,000

1,104,000

1,099,000

1,101,000

1,127,000

1,111,000

1,749,000

1,756,000

1,710,000

1,692,000

1,669,000

1,686,000

1,668,000

1,653,000

1,662,000

1,646,000

1,637,000

1,632,000

1,648,000

1,639,000

1,647,000

1,661,000

1,624,000

1,627,000

1,637,000

1,652,000

1,668,000

1,647,000

1,662,000

1,671,000

1,711,000

1,753,435

1,724,138

748,350

717,484

751,980

663,422

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
267,344
0
0
0
259,874
0
0
0
877,827
0
0
0
932,430
1,447,457
1,475,511
1,433,368
962,136
1,490,746
1,484,150
1,447,861
961,285
2,155,000
2,007,000
2,089,000
1,262,000
2,257,000
2,308,000
2,378,000
2,336,000
2,453,000
2,500,000
2,557,000
2,631,000
2,470,000
2,306,000
2,305,000
1,503,000
2,779,000
2,786,000
2,860,000
1,513,000

1,513,000

2,860,000

2,786,000

2,779,000

1,503,000

2,305,000

2,306,000

2,470,000

2,631,000

2,557,000

2,500,000

2,453,000

2,336,000

2,378,000

2,308,000

2,257,000

1,262,000

2,089,000

2,007,000

2,155,000

961,285

1,447,861

1,484,150

1,490,746

962,136

1,433,368

1,475,511

1,447,457

932,430

877,827

259,874

267,344

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
43,948
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
665,195
732,872
702,184
702,677
1,416,831
1,390,960
1,471,448
1,562,851
1,579,848
1,622,021
1,566,786
1,605,286
1,641,926
1,676,974
1,685,696
1,581,754
1,615,181
1,654,219
1,620,612
1,661,407
1,649,869
1,618,804
1,583,310
1,603,298
85,000
1,525,792
1,564,052
1,510,849
81,000
1,383,985
1,399,984
834,397
79,000
846,532
850,290
840,887
74,000
833,772
848,438
867,375
76,000
850,306
3
0
80,000
0
0
0
162,000
0
0
0
309,000
0
0
0
395,000
0
0
0
400,000
0
0
0
345,000

345,000

400,000

395,000

309,000

162,000

80,000

850,306

76,000

867,375

848,438

833,772

74,000

840,887

850,290

846,532

79,000

834,397

1,399,984

1,383,985

81,000

1,510,849

1,564,052

1,525,792

85,000

1,603,298

1,583,310

1,618,804

1,649,869

1,661,407

1,620,612

1,654,219

1,615,181

1,581,754

1,685,696

1,676,974

1,641,926

1,605,286

1,566,786

1,622,021

1,579,848

1,562,851

1,471,448

1,390,960

1,416,831

702,677

702,184

732,872

665,195

43,948

Long-term Assets Other

350,900
343,800
326,200
363,900
633,300
645,000
653,800
680,300
709,900
823,100
848,700
855,300
868,100
875,100
1,173,900
1,132,600
1,179,700
1,153,700
1,190,100
1,064,300
1,053,600
1,032,900
1,029,200
961,200
1,000,400
1,022,400
1,038,600
1,165,700
1,174,400
1,206,800
1,326,326
623,000
471,000
781,000
743,000
811,000
821,000
616,000
625,000
471,000
772,000
685,000
683,000
589,000
750,000
800,000
753,000
623,000
758,000
711,000
912,000
1,010,000
1,015,000
1,052,984
622,555
610,438
908,672
1,014,878
1,896,055
2,028,007
2,166,444
2,302,056
2,309,985
1,444,876
1,734,527
740,000
722,000
857,000
825,000
874,000
903,000
1,009,000
477,000
473,000
543,000
-5,162,000
-5,236,000
-5,233,000
-5,218,000
305,000
-5,488,000
-5,560,000
-5,701,000
401,000
-5,747,000
-5,736,000
-5,751,000
543,000
-5,761,000
-5,806,000
866,000
659,000
-4,680,000
-4,623,000
-4,609,000
797,000
-4,901,000
-5,002,000
-5,080,000
819,000
-5,666,000
-5,866,000
-5,995,000
660,000
-6,342,000
-6,288,000
-6,273,000
764,000
-5,569,000
-5,453,000
0
782,000
0
0
0
998,000
0
0
163,000
173,000
176,000
0
0
1,064,000

1,064,000

176,000

173,000

163,000

998,000

782,000

-5,453,000

-5,569,000

764,000

-6,273,000

-6,288,000

-6,342,000

660,000

-5,995,000

-5,866,000

-5,666,000

819,000

-5,080,000

-5,002,000

-4,901,000

797,000

-4,609,000

-4,623,000

-4,680,000

659,000

866,000

-5,806,000

-5,761,000

543,000

-5,751,000

-5,736,000

-5,747,000

401,000

-5,701,000

-5,560,000

-5,488,000

305,000

-5,218,000

-5,233,000

-5,236,000

-5,162,000

543,000

473,000

477,000

1,009,000

903,000

874,000

825,000

857,000

722,000

740,000

1,734,527

1,444,876

2,309,985

2,302,056

2,166,444

2,028,007

1,896,055

1,014,878

908,672

610,438

622,555

1,052,984

1,015,000

1,010,000

912,000

711,000

758,000

623,000

753,000

800,000

750,000

589,000

683,000

685,000

772,000

471,000

625,000

616,000

821,000

811,000

743,000

781,000

471,000

623,000

1,326,326

1,206,800

1,174,400

1,165,700

1,038,600

1,022,400

1,000,400

961,200

1,029,200

1,032,900

1,053,600

1,064,300

1,190,100

1,153,700

1,179,700

1,132,600

1,173,900

875,100

868,100

855,300

848,700

823,100

709,900

680,300

653,800

645,000

633,300

363,900

326,200

343,800

350,900

> Total Liabilities

497,100
509,700
495,000
492,900
616,400
616,700
765,500
768,000
765,800
764,900
731,400
725,400
724,300
738,200
1,103,800
1,050,500
1,031,600
1,189,900
1,102,100
1,015,200
1,013,300
1,032,800
1,047,500
1,035,600
1,023,200
995,500
1,015,900
1,008,600
1,014,500
1,057,300
1,171,298
2,400,000
2,453,000
2,531,000
2,683,000
2,562,000
2,532,000
2,294,000
2,380,000
2,408,000
2,614,000
2,407,000
2,790,000
2,738,000
2,961,000
3,043,000
3,032,000
2,838,000
2,849,000
2,906,000
4,093,000
4,426,000
4,088,000
4,169,548
4,106,404
4,897,484
4,184,732
4,057,386
5,953,493
5,762,241
5,541,611
5,674,740
6,017,671
20,529,383
20,603,807
18,393,000
15,790,000
15,292,000
12,943,000
12,951,000
13,480,000
13,033,000
12,786,000
13,007,000
15,933,000
16,326,000
15,832,000
16,214,000
16,706,000
16,640,000
16,165,000
16,539,000
16,213,000
17,372,000
17,398,000
17,513,000
17,563,000
18,003,000
18,540,000
18,201,000
17,595,000
18,051,000
17,187,000
17,333,000
17,640,000
18,028,000
16,641,000
16,274,000
16,343,000
17,533,000
17,076,000
17,261,000
15,907,000
16,608,000
18,087,000
17,260,000
17,601,000
17,276,000
16,689,000
17,640,000
18,761,000
20,570,000
20,698,000
21,560,000
22,684,000
23,595,000
23,853,000
23,342,000
24,179,000
25,848,000
26,278,000
25,465,000
26,464,000
27,901,000

27,901,000

26,464,000

25,465,000

26,278,000

25,848,000

24,179,000

23,342,000

23,853,000

23,595,000

22,684,000

21,560,000

20,698,000

20,570,000

18,761,000

17,640,000

16,689,000

17,276,000

17,601,000

17,260,000

18,087,000

16,608,000

15,907,000

17,261,000

17,076,000

17,533,000

16,343,000

16,274,000

16,641,000

18,028,000

17,640,000

17,333,000

17,187,000

18,051,000

17,595,000

18,201,000

18,540,000

18,003,000

17,563,000

17,513,000

17,398,000

17,372,000

16,213,000

16,539,000

16,165,000

16,640,000

16,706,000

16,214,000

15,832,000

16,326,000

15,933,000

13,007,000

12,786,000

13,033,000

13,480,000

12,951,000

12,943,000

15,292,000

15,790,000

18,393,000

20,603,807

20,529,383

6,017,671

5,674,740

5,541,611

5,762,241

5,953,493

4,057,386

4,184,732

4,897,484

4,106,404

4,169,548

4,088,000

4,426,000

4,093,000

2,906,000

2,849,000

2,838,000

3,032,000

3,043,000

2,961,000

2,738,000

2,790,000

2,407,000

2,614,000

2,408,000

2,380,000

2,294,000

2,532,000

2,562,000

2,683,000

2,531,000

2,453,000

2,400,000

1,171,298

1,057,300

1,014,500

1,008,600

1,015,900

995,500

1,023,200

1,035,600

1,047,500

1,032,800

1,013,300

1,015,200

1,102,100

1,189,900

1,031,600

1,050,500

1,103,800

738,200

724,300

725,400

731,400

764,900

765,800

768,000

765,500

616,700

616,400

492,900

495,000

509,700

497,100

> Total Current Liabilities

57,300
65,200
82,600
81,900
81,700
72,300
79,700
87,800
84,200
85,400
107,800
102,600
92,900
102,000
104,200
109,700
101,500
183,200
102,300
105,500
101,400
104,000
101,600
108,100
100,400
89,800
89,300
101,700
98,300
117,800
222,996
436,000
437,000
411,000
507,000
435,000
373,000
338,000
284,000
320,000
312,000
321,000
410,000
392,000
382,000
396,000
436,000
460,000
654,000
664,000
834,000
1,115,000
838,000
1,030,675
1,131,105
1,688,024
923,662
908,608
1,736,063
1,349,687
903,199
1,027,885
949,542
9,277,562
9,446,615
1,831,000
2,182,000
2,373,000
1,412,000
1,262,000
1,732,000
1,740,000
1,510,000
1,583,000
1,869,000
2,122,000
1,690,000
1,941,000
1,468,000
1,820,000
1,290,000
1,575,000
1,384,000
2,163,000
1,526,000
1,806,000
1,597,000
2,409,000
1,971,000
1,966,000
1,892,000
1,726,000
1,804,000
1,520,000
1,853,000
2,200,000
1,973,000
2,047,000
2,149,000
2,641,000
2,368,000
2,317,000
2,189,000
2,516,000
2,301,000
2,324,000
2,599,000
2,776,000
2,603,000
2,246,000
2,815,000
3,245,000
3,482,000
3,214,000
3,435,000
3,760,000
3,984,000
4,220,000
4,549,000
5,864,000
5,757,000
5,133,000
5,611,000
5,892,000

5,892,000

5,611,000

5,133,000

5,757,000

5,864,000

4,549,000

4,220,000

3,984,000

3,760,000

3,435,000

3,214,000

3,482,000

3,245,000

2,815,000

2,246,000

2,603,000

2,776,000

2,599,000

2,324,000

2,301,000

2,516,000

2,189,000

2,317,000

2,368,000

2,641,000

2,149,000

2,047,000

1,973,000

2,200,000

1,853,000

1,520,000

1,804,000

1,726,000

1,892,000

1,966,000

1,971,000

2,409,000

1,597,000

1,806,000

1,526,000

2,163,000

1,384,000

1,575,000

1,290,000

1,820,000

1,468,000

1,941,000

1,690,000

2,122,000

1,869,000

1,583,000

1,510,000

1,740,000

1,732,000

1,262,000

1,412,000

2,373,000

2,182,000

1,831,000

9,446,615

9,277,562

949,542

1,027,885

903,199

1,349,687

1,736,063

908,608

923,662

1,688,024

1,131,105

1,030,675

838,000

1,115,000

834,000

664,000

654,000

460,000

436,000

396,000

382,000

392,000

410,000

321,000

312,000

320,000

284,000

338,000

373,000

435,000

507,000

411,000

437,000

436,000

222,996

117,800

98,300

101,700

89,300

89,800

100,400

108,100

101,600

104,000

101,400

105,500

102,300

183,200

101,500

109,700

104,200

102,000

92,900

102,600

107,800

85,400

84,200

87,800

79,700

72,300

81,700

81,900

82,600

65,200

57,300

Short-term Debt

0
0
0
12,000
0
0
0
17,500
0
0
21,300
23,200
14,700
19,000
16,300
18,000
12,400
92,600
1,900
2,300
700
700
700
3,900
3,800
3,900
3,800
7,600
7,100
10,800
105,044
45,000
47,000
52,000
119,000
125,000
81,000
67,000
14,000
26,000
21,000
25,000
75,000
58,000
60,000
57,000
50,000
38,000
220,000
224,000
212,000
213,000
38,000
33,463
183,302
104,846
6,919
7,439
30,806
30,788
31,890
31,549
0
7,771,977
8,428,085
770,000
862,000
1,121,000
182,000
61,000
323,000
65,000
63,000
62,000
368,000
359,000
345,000
343,000
65,000
35,000
31,000
39,000
46,000
59,000
69,000
81,000
80,000
428,000
462,000
419,000
439,000
28,000
413,000
64,000
162,000
99,000
83,000
82,000
53,000
55,000
28,000
29,000
32,000
32,000
132,000
162,000
152,000
189,000
361,000
199,000
226,000
234,000
420,000
410,000
312,000
340,000
260,000
454,000
479,000
748,000
621,000
612,000
679,000
710,000

710,000

679,000

612,000

621,000

748,000

479,000

454,000

260,000

340,000

312,000

410,000

420,000

234,000

226,000

199,000

361,000

189,000

152,000

162,000

132,000

32,000

29,000

28,000

55,000

53,000

82,000

83,000

99,000

162,000

64,000

413,000

28,000

439,000

419,000

462,000

428,000

80,000

81,000

69,000

59,000

46,000

39,000

31,000

35,000

65,000

343,000

345,000

359,000

368,000

62,000

63,000

65,000

323,000

61,000

182,000

1,121,000

862,000

770,000

8,428,085

7,771,977

31,549

31,890

30,788

30,806

7,439

6,919

104,846

183,302

33,463

38,000

213,000

212,000

224,000

220,000

38,000

50,000

57,000

60,000

58,000

75,000

25,000

21,000

26,000

14,000

67,000

81,000

125,000

119,000

52,000

47,000

45,000

105,044

10,800

7,100

7,600

3,800

3,900

3,800

3,900

700

2,300

1,900

92,600

12,400

18,000

16,300

19,000

14,700

23,200

21,300

17,500

12,000

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
7,270,074
0
0
0
368,299
0
0
0
20,230
0
0
0
49,114
5,170,886
4,924,798
42,369
22,320
21,684
21,993
24,977
23,464
0
1,897
30,000
29,000
198,000
48,000
83,000
115,000
301,000
297,000
191,000
213,000
135,000
329,000
350,000
616,000
493,000
480,000
538,000
515,000

515,000

538,000

480,000

493,000

616,000

350,000

329,000

135,000

213,000

191,000

297,000

301,000

115,000

83,000

48,000

198,000

29,000

30,000

1,897

23,464

24,977

21,993

21,684

22,320

42,369

4,924,798

5,170,886

49,114

20,230

368,299

7,270,074

Accounts payable

0
0
0
52,300
0
0
0
70,000
0
0
82,100
79,400
78,200
83,000
87,900
91,700
89,100
90,600
100,400
103,300
100,700
103,400
101,000
104,200
96,500
85,900
85,400
94,100
91,300
106,900
117,952
391,000
390,000
359,000
388,000
310,000
292,000
271,000
270,000
294,000
291,000
296,000
335,000
334,000
322,000
339,000
386,000
422,000
434,000
440,000
531,000
442,000
432,000
449,526
533,140
414,725
619,234
555,792
982,808
505,512
871,310
775,494
949,542
670,228
1,018,530
912,453
1,234,568
515,209
1,211,345
1,083,000
1,369,158
1,498,000
1,297,000
1,240,000
1,343,000
787,000
1,223,000
1,324,000
1,366,000
1,468,000
1,192,000
1,216,000
1,279,000
1,784,000
1,454,000
1,461,000
1,465,000
1,663,000
1,452,000
1,451,000
1,443,000
1,673,000
1,368,000
1,438,000
1,583,000
1,902,000
1,598,000
1,787,000
1,829,000
2,313,000
2,056,000
2,144,000
2,025,000
1,185,000
2,046,000
2,090,000
2,327,000
1,307,000
2,177,000
1,995,000
2,508,000
2,909,000
2,870,000
2,652,000
2,951,000
3,255,000
3,314,000
3,404,000
3,914,000
4,367,000
4,438,000
3,604,000
4,067,000
4,001,000

4,001,000

4,067,000

3,604,000

4,438,000

4,367,000

3,914,000

3,404,000

3,314,000

3,255,000

2,951,000

2,652,000

2,870,000

2,909,000

2,508,000

1,995,000

2,177,000

1,307,000

2,327,000

2,090,000

2,046,000

1,185,000

2,025,000

2,144,000

2,056,000

2,313,000

1,829,000

1,787,000

1,598,000

1,902,000

1,583,000

1,438,000

1,368,000

1,673,000

1,443,000

1,451,000

1,452,000

1,663,000

1,465,000

1,461,000

1,454,000

1,784,000

1,279,000

1,216,000

1,192,000

1,468,000

1,366,000

1,324,000

1,223,000

787,000

1,343,000

1,240,000

1,297,000

1,498,000

1,369,158

1,083,000

1,211,345

515,209

1,234,568

912,453

1,018,530

670,228

949,542

775,494

871,310

505,512

982,808

555,792

619,234

414,725

533,140

449,526

432,000

442,000

531,000

440,000

434,000

422,000

386,000

339,000

322,000

334,000

335,000

296,000

291,000

294,000

270,000

271,000

292,000

310,000

388,000

359,000

390,000

391,000

117,952

106,900

91,300

94,100

85,400

85,900

96,500

104,200

101,000

103,400

100,700

103,300

100,400

90,600

89,100

91,700

87,900

83,000

78,200

79,400

82,100

70,000

52,300

Other Current Liabilities

57,300
65,200
82,600
17,600
81,700
72,300
79,700
300
84,200
85,400
4,400
23,200
14,700
19,000
16,300
18,000
12,400
6,300
1,900
-100
700
-100
-100
3,900
100
3,900
100
94,400
-100
100
128,000
436,000
437,000
411,000
507,000
435,000
292,000
283,000
270,000
0
0
0
0
0
0
0
0
0
0
0
91,000
342,000
218,000
349,136
239,186
659,366
209,871
251,860
679,718
710,100
0
220,843
0
767,363
0
1,061,000
1,320,000
1,252,000
1,230,000
118,000
1,409,000
177,000
-150,000
281,000
158,000
87,000
-63,000
274,000
-157,000
323,000
67,000
320,000
-12,000
308,000
3,000
264,000
52,000
355,000
-306,000
-251,000
-325,000
-6,000
23,000
18,000
108,000
181,000
292,000
178,000
267,000
254,000
284,000
144,000
132,000
1,232,000
123,000
72,000
120,000
1,234,000
65,000
52,000
81,000
544,000
192,000
152,000
172,000
135,000
410,000
362,000
156,000
730,000
698,000
917,000
865,000
1,154,000

1,154,000

865,000

917,000

698,000

730,000

156,000

362,000

410,000

135,000

172,000

152,000

192,000

544,000

81,000

52,000

65,000

1,234,000

120,000

72,000

123,000

1,232,000

132,000

144,000

284,000

254,000

267,000

178,000

292,000

181,000

108,000

18,000

23,000

-6,000

-325,000

-251,000

-306,000

355,000

52,000

264,000

3,000

308,000

-12,000

320,000

67,000

323,000

-157,000

274,000

-63,000

87,000

158,000

281,000

-150,000

177,000

1,409,000

118,000

1,230,000

1,252,000

1,320,000

1,061,000

767,363

220,843

710,100

679,718

251,860

209,871

659,366

239,186

349,136

218,000

342,000

91,000

270,000

283,000

292,000

435,000

507,000

411,000

437,000

436,000

128,000

100

-100

94,400

100

3,900

100

3,900

-100

700

-100

1,900

6,300

12,400

18,000

16,300

19,000

14,700

23,200

4,400

85,400

84,200

300

79,700

72,300

81,700

17,600

82,600

65,200

57,300

> Long-term Liabilities

439,800
444,500
412,400
411,000
534,700
544,400
685,800
680,200
681,600
679,500
623,600
622,800
631,400
636,200
999,600
940,800
930,100
1,006,700
999,800
909,700
911,900
928,800
945,900
927,500
922,800
905,700
926,600
906,900
916,200
939,500
948,302
1,964,000
2,016,000
2,120,000
2,176,000
2,127,000
2,159,000
1,956,000
2,096,000
2,088,000
2,302,000
2,086,000
2,380,000
2,346,000
2,579,000
2,647,000
2,596,000
2,378,000
2,195,000
2,242,000
3,259,000
3,311,000
3,250,000
3,138,873
2,975,299
3,209,459
3,261,070
3,148,778
4,217,430
4,412,553
4,638,412
4,646,855
5,068,129
11,251,821
11,157,191
16,562,000
13,608,000
12,919,000
11,531,000
11,689,000
11,748,000
11,293,000
11,276,000
11,424,000
14,064,000
14,204,000
14,142,000
14,273,000
15,238,000
14,820,000
14,875,000
14,964,000
14,829,000
15,209,000
15,872,000
15,707,000
15,966,000
15,594,000
16,569,000
16,235,000
15,703,000
16,325,000
15,383,000
15,813,000
15,787,000
15,828,000
14,668,000
14,227,000
14,194,000
14,892,000
14,708,000
14,944,000
13,718,000
14,092,000
15,786,000
14,936,000
15,002,000
14,500,000
14,086,000
15,394,000
15,946,000
17,325,000
17,216,000
18,346,000
19,249,000
19,835,000
19,869,000
19,122,000
19,630,000
19,984,000
20,521,000
20,332,000
20,853,000
22,009,000

22,009,000

20,853,000

20,332,000

20,521,000

19,984,000

19,630,000

19,122,000

19,869,000

19,835,000

19,249,000

18,346,000

17,216,000

17,325,000

15,946,000

15,394,000

14,086,000

14,500,000

15,002,000

14,936,000

15,786,000

14,092,000

13,718,000

14,944,000

14,708,000

14,892,000

14,194,000

14,227,000

14,668,000

15,828,000

15,787,000

15,813,000

15,383,000

16,325,000

15,703,000

16,235,000

16,569,000

15,594,000

15,966,000

15,707,000

15,872,000

15,209,000

14,829,000

14,964,000

14,875,000

14,820,000

15,238,000

14,273,000

14,142,000

14,204,000

14,064,000

11,424,000

11,276,000

11,293,000

11,748,000

11,689,000

11,531,000

12,919,000

13,608,000

16,562,000

11,157,191

11,251,821

5,068,129

4,646,855

4,638,412

4,412,553

4,217,430

3,148,778

3,261,070

3,209,459

2,975,299

3,138,873

3,250,000

3,311,000

3,259,000

2,242,000

2,195,000

2,378,000

2,596,000

2,647,000

2,579,000

2,346,000

2,380,000

2,086,000

2,302,000

2,088,000

2,096,000

1,956,000

2,159,000

2,127,000

2,176,000

2,120,000

2,016,000

1,964,000

948,302

939,500

916,200

906,900

926,600

905,700

922,800

927,500

945,900

928,800

911,900

909,700

999,800

1,006,700

930,100

940,800

999,600

636,200

631,400

622,800

623,600

679,500

681,600

680,200

685,800

544,400

534,700

411,000

412,400

444,500

439,800

Long term Debt Total

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,681,476
5,597,000
5,682,000
5,557,000
6,115,000
6,940,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0

6,940,000

6,115,000

5,557,000

5,682,000

5,597,000

3,681,476

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
159,580
163,217
153,240
563,711
545,753
568,032
548,241
548,995
543,145
557,314
533,745
576,715
656,631
671,171
666,765
811,874
510,804
498,125
504,714
497,091
510,213
492,860
514,914
540,309
551,228
562,120
556,601
667,296
723,548
754,449
946,041
997,291
970,666
915,679
875,528
973,044
953,212
1,004,472
1,058,736
978,137
977,940
937,441
986,299
1,190,572
1,674,912
1,736,558
1,738,882
2,143,768
2,198,224
2,136,887
2,326,173
2,230,397
1,887,293
1,580,452
1,584,869
1,540,996
1,572,851
1,772,093
1,596,571
1,282,162
1,340,637
1,143,841
898,235
1,366,231
1,503,921
1,658,027
1,926,270
2,000,298
2,143,769
2,167,374
2,344,712
2,534,874
1,868,659
6,335,507
6,646,113
6,309,576
3,931,461
9,339,000
9,320,000
8,943,000
7,971,000
8,454,000
8,598,000
9,678,000
9,328,000
9,842,000
10,450,000
10,844,000
10,682,000
10,406,000
10,169,000
10,715,000
10,950,000
0
10,794,000
0

10,794,000

10,950,000

10,715,000

10,169,000

10,406,000

10,682,000

10,844,000

10,450,000

9,842,000

9,328,000

9,678,000

8,598,000

8,454,000

7,971,000

8,943,000

9,320,000

9,339,000

3,931,461

6,309,576

6,646,113

6,335,507

1,868,659

2,534,874

2,344,712

2,167,374

2,143,769

2,000,298

1,926,270

1,658,027

1,503,921

1,366,231

898,235

1,143,841

1,340,637

1,282,162

1,596,571

1,772,093

1,572,851

1,540,996

1,584,869

1,580,452

1,887,293

2,230,397

2,326,173

2,136,887

2,198,224

2,143,768

1,738,882

1,736,558

1,674,912

1,190,572

986,299

937,441

977,940

978,137

1,058,736

1,004,472

953,212

973,044

875,528

915,679

970,666

997,291

946,041

754,449

723,548

667,296

556,601

562,120

551,228

540,309

514,914

492,860

510,213

497,091

504,714

498,125

510,804

811,874

666,765

671,171

656,631

576,715

533,745

557,314

543,145

548,995

548,241

568,032

545,753

563,711

153,240

163,217

159,580

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
4,525,428
0
0
0
2,919,587
0
0
0
3,118,024
0
0
0
3,848,545
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

3,848,545

3,118,024

2,919,587

4,525,428

> Total Stockholder Equity

843,500
838,100
848,100
976,200
992,500
996,700
1,015,300
1,032,600
1,054,300
1,090,600
1,246,200
1,264,200
1,288,000
1,299,300
1,512,300
1,529,600
1,551,300
1,557,000
1,573,400
1,343,900
1,345,000
1,338,400
1,340,500
1,274,900
1,276,500
1,553,000
1,567,600
1,613,100
1,618,600
1,621,600
1,632,477
1,695,000
1,727,000
1,714,000
2,531,000
2,560,000
2,542,000
2,486,000
2,529,000
2,520,000
2,471,000
2,412,000
2,423,000
2,505,000
2,627,000
2,750,000
2,822,000
3,221,000
3,444,000
3,612,000
3,949,000
4,383,000
4,840,000
5,284,997
5,789,650
6,549,394
6,893,450
6,478,215
7,901,222
7,718,741
8,162,740
8,434,765
9,082,393
10,899,709
11,261,818
11,740,000
14,040,000
14,490,000
15,376,000
15,518,000
15,824,000
16,052,000
16,216,000
16,715,000
17,540,000
17,721,000
18,022,000
17,949,000
17,880,000
17,801,000
18,424,000
18,228,000
18,506,000
18,597,000
18,759,000
18,534,000
18,662,000
18,606,000
18,774,000
18,797,000
16,825,000
16,407,000
16,407,000
16,362,000
16,649,000
17,442,000
18,039,000
18,476,000
18,985,000
19,383,000
20,678,000
21,245,000
22,339,000
22,884,000
23,204,000
23,136,000
23,402,000
21,304,000
21,223,000
20,814,000
20,778,000
20,039,000
20,372,000
20,557,000
21,530,000
23,005,000
24,205,000
25,438,000
25,215,000
25,473,000
26,316,000
26,415,000
27,018,000
26,988,000

26,988,000

27,018,000

26,415,000

26,316,000

25,473,000

25,215,000

25,438,000

24,205,000

23,005,000

21,530,000

20,557,000

20,372,000

20,039,000

20,778,000

20,814,000

21,223,000

21,304,000

23,402,000

23,136,000

23,204,000

22,884,000

22,339,000

21,245,000

20,678,000

19,383,000

18,985,000

18,476,000

18,039,000

17,442,000

16,649,000

16,362,000

16,407,000

16,825,000

18,797,000

18,774,000

18,606,000

18,662,000

18,534,000

18,759,000

18,597,000

18,506,000

18,228,000

18,424,000

17,801,000

17,880,000

17,949,000

18,022,000

17,721,000

17,540,000

16,715,000

16,216,000

16,052,000

15,824,000

15,518,000

15,376,000

14,490,000

14,040,000

11,740,000

11,261,818

10,899,709

9,082,393

8,434,765

8,162,740

7,718,741

7,901,222

6,478,215

6,893,450

6,549,394

5,789,650

5,284,997

4,840,000

4,383,000

3,949,000

3,612,000

3,444,000

3,221,000

2,822,000

2,750,000

2,627,000

2,505,000

2,423,000

2,412,000

2,471,000

2,520,000

2,529,000

2,486,000

2,542,000

2,560,000

2,531,000

1,714,000

1,727,000

1,695,000

1,632,477

1,621,600

1,618,600

1,613,100

1,567,600

1,553,000

1,276,500

1,274,900

1,340,500

1,338,400

1,345,000

1,343,900

1,573,400

1,557,000

1,551,300

1,529,600

1,512,300

1,299,300

1,288,000

1,264,200

1,246,200

1,090,600

1,054,300

1,032,600

1,015,300

996,700

992,500

976,200

848,100

838,100

843,500

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
586,500
0
0
0
1,121,859
0
0
0
1,135,627
0
1,326,008
1,322,442
1,395,528
1,456,822
1,437,359
1,522,859
1,765,586
1,768,792
1,747,858
1,847,331
2,155,000
2,163,000
2,141,067
2,460,042
2,062,784
2,059,129
2,198,978
3,308,119
3,291,863
3,199,493
3,219,077
3,358,384
4,174,063
4,027,756
5,081,000
6,742,000
6,423,004
6,763,000
6,764,000
6,767,000
6,822,467
7,014,018
7,064,563
6,807,000
6,619,594
6,811,667
6,637,821
6,871,628
6,706,000
6,581,432
6,319,901
6,314,258
6,510,000
5,891,403
6,099,709
5,812,126
6,509,000
5,130,044
5,210,118
4,981,600
6,634,000
6,634,000
6,635,000
6,635,000
6,644,000
6,654,000
6,655,000
6,663,000
6,609,000
5,131,263
6,648,000
5,192,788
6,601,000
6,542,000
6,484,000
6,410,000
6,329,000
6,139,000
6,139,000
6,139,000
6,140,000
6,148,000
6,161,000
6,176,000
6,207,000
6,406,000
6,306,000
6,097,000
6,139,000
6,164,000
6,486,000
6,495,000
6,464,000

6,464,000

6,495,000

6,486,000

6,164,000

6,139,000

6,097,000

6,306,000

6,406,000

6,207,000

6,176,000

6,161,000

6,148,000

6,140,000

6,139,000

6,329,000

6,410,000

6,484,000

6,542,000

6,601,000

5,192,788

6,648,000

5,131,263

6,609,000

6,663,000

6,655,000

6,654,000

6,644,000

6,635,000

6,634,000

4,981,600

5,210,118

5,130,044

6,509,000

5,812,126

6,099,709

5,891,403

6,510,000

6,314,258

6,319,901

6,581,432

6,706,000

6,871,628

6,637,821

6,811,667

6,619,594

6,807,000

7,064,563

7,014,018

6,822,467

6,767,000

6,764,000

6,763,000

6,423,004

6,742,000

5,081,000

4,027,756

4,174,063

3,358,384

3,219,077

3,199,493

3,291,863

3,308,119

2,198,978

2,059,129

2,062,784

2,460,042

2,141,067

2,163,000

2,155,000

1,847,331

1,747,858

1,768,792

1,765,586

1,522,859

1,437,359

1,456,822

1,395,528

1,322,442

1,326,008

1,135,627

1,121,859

586,500

Retained Earnings

390,100
384,700
394,600
399,800
411,600
415,600
434,000
450,900
472,400
481,400
504,100
521,800
542,700
552,800
765,100
757,300
772,500
777,900
794,300
562,400
563,500
556,900
559,000
493,900
495,700
493,000
499,900
515,800
522,800
523,000
547,618
572,000
0
0
0
502,000
0
0
0
472,000
483,000
474,000
493,000
581,000
590,000
686,000
806,000
1,049,000
1,253,000
1,396,000
1,801,000
2,228,000
2,675,000
3,070,831
3,575,500
4,225,303
4,564,114
4,488,842
4,978,635
5,038,236
5,383,191
5,659,475
6,082,606
5,475,959
5,716,627
6,287,000
6,896,000
7,307,000
8,215,000
8,357,000
8,688,000
8,872,000
9,325,000
9,858,000
10,509,000
10,858,000
11,059,000
11,049,000
11,180,000
11,017,000
11,664,000
11,553,000
11,844,000
11,853,000
11,926,000
11,744,000
11,819,000
11,723,000
11,781,000
11,802,000
9,631,000
9,174,000
9,213,000
9,159,000
9,429,000
10,183,000
10,781,000
11,288,000
11,875,000
12,308,000
13,542,000
14,011,000
15,200,000
15,495,000
15,991,000
16,107,000
16,357,000
14,447,000
14,053,000
13,853,000
13,916,000
13,410,000
13,798,000
14,050,000
14,858,000
16,343,000
17,455,000
18,503,000
17,735,000
18,065,000
18,889,000
18,965,000
19,279,000
19,618,000

19,618,000

19,279,000

18,965,000

18,889,000

18,065,000

17,735,000

18,503,000

17,455,000

16,343,000

14,858,000

14,050,000

13,798,000

13,410,000

13,916,000

13,853,000

14,053,000

14,447,000

16,357,000

16,107,000

15,991,000

15,495,000

15,200,000

14,011,000

13,542,000

12,308,000

11,875,000

11,288,000

10,781,000

10,183,000

9,429,000

9,159,000

9,213,000

9,174,000

9,631,000

11,802,000

11,781,000

11,723,000

11,819,000

11,744,000

11,926,000

11,853,000

11,844,000

11,553,000

11,664,000

11,017,000

11,180,000

11,049,000

11,059,000

10,858,000

10,509,000

9,858,000

9,325,000

8,872,000

8,688,000

8,357,000

8,215,000

7,307,000

6,896,000

6,287,000

5,716,627

5,475,959

6,082,606

5,659,475

5,383,191

5,038,236

4,978,635

4,488,842

4,564,114

4,225,303

3,575,500

3,070,831

2,675,000

2,228,000

1,801,000

1,396,000

1,253,000

1,049,000

806,000

686,000

590,000

581,000

493,000

474,000

483,000

472,000

502,000

572,000

547,618

523,000

522,800

515,800

499,900

493,000

495,700

493,900

559,000

556,900

563,500

562,400

794,300

777,900

772,500

757,300

765,100

552,800

542,700

521,800

504,100

481,400

472,400

450,900

434,000

415,600

411,600

399,800

394,600

384,700

390,100

Accumulated Other Comprehensive Income

-411,500
-411,500
-411,500
27,600
-374,700
-374,700
-374,700
27,600
-418,800
-418,800
-418,800
27,600
-504,700
-504,700
-504,700
51,700
-586,800
-586,800
-586,800
51,700
-690,200
-690,200
-690,200
51,500
-807,600
-807,600
-807,600
220,500
3,238,000
3,244,000
3,264,000
248,000
3,454,000
3,428,000
5,062,000
272,000
2,542,000
2,486,000
2,529,000
262,000
1,988,000
152,000
141,000
114,000
129,000
148,000
32,000
48,000
52,000
74,000
-1,000
-168,000
-165,000
-240,937
-244,775
-144,455
-116,467
-400,638
-426,314
-671,368
-576,072
-587,218
-654,673
263,477
381,949
287,000
317,000
341,000
312,000
309,000
278,000
294,000
-2,000
-78,000
131,000
16,000
228,000
94,000
-318,000
-35,000
-96,000
-158,000
54,000
104,000
378,000
286,000
382,000
225,000
660,000
652,000
788,000
426,000
382,000
384,000
396,000
422,000
410,000
334,000
245,000
264,000
247,000
388,000
218,000
584,000
465,000
335,000
420,000
309,000
807,000
592,000
366,000
247,000
180,000
96,000
241,000
202,000
137,000
424,000
1,173,000
1,062,000
1,054,000
759,000
1,034,000
693,000

693,000

1,034,000

759,000

1,054,000

1,062,000

1,173,000

424,000

137,000

202,000

241,000

96,000

180,000

247,000

366,000

592,000

807,000

309,000

420,000

335,000

465,000

584,000

218,000

388,000

247,000

264,000

245,000

334,000

410,000

422,000

396,000

384,000

382,000

426,000

788,000

652,000

660,000

225,000

382,000

286,000

378,000

104,000

54,000

-158,000

-96,000

-35,000

-318,000

94,000

228,000

16,000

131,000

-78,000

-2,000

294,000

278,000

309,000

312,000

341,000

317,000

287,000

381,949

263,477

-654,673

-587,218

-576,072

-671,368

-426,314

-400,638

-116,467

-144,455

-244,775

-240,937

-165,000

-168,000

-1,000

74,000

52,000

48,000

32,000

148,000

129,000

114,000

141,000

152,000

1,988,000

262,000

2,529,000

2,486,000

2,542,000

272,000

5,062,000

3,428,000

3,454,000

248,000

3,264,000

3,244,000

3,238,000

220,500

-807,600

51,500

-690,200

51,700

-586,800

51,700

-504,700

27,600

-418,800

27,600

-374,700

27,600

-411,500

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
0
0
0
0
116,317
210,000
215,000
219,000
224,000
230,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0

230,000

224,000

219,000

215,000

210,000

116,317

Treasury Stock

Other Stockholders Equity

864,900
864,900
865,000
548,800
955,600
955,800
956,000
554,100
1,000,700
1,028,000
1,160,900
714,800
1,250,000
1,251,200
1,251,900
720,600
1,365,600
1,365,900
1,365,900
729,800
1,471,700
1,471,700
1,471,700
729,500
1,588,400
1,867,600
1,875,300
876,800
-2,142,200
-2,145,400
-2,179,141
875,000
-1,727,000
-1,714,000
-2,531,000
1,786,000
-2,542,000
-2,486,000
-2,529,000
1,786,000
0
1,786,000
1,789,000
1,810,000
1,908,000
1,916,000
1,984,000
2,124,000
2,139,000
2,142,000
2,149,000
168,000
167,000
2,455,103
-1,118
2,468,546
2,445,803
2,390,011
3,348,902
3,351,872
3,355,622
3,362,508
3,654,460
5,160,272
5,163,242
85,000
85,000
6,842,000
86,000
88,000
91,000
6,886,000
16,218,000
16,793,000
93,000
6,847,000
17,794,000
17,855,000
18,198,000
113,000
18,520,000
18,386,000
18,452,000
130,000
18,381,000
18,248,000
18,280,000
149,000
18,114,000
18,145,000
16,037,000
173,000
178,000
184,000
189,000
193,000
194,000
199,000
202,000
202,000
20,431,000
198,000
22,121,000
204,000
206,000
210,000
215,000
219,000
224,000
230,000
20,412,000
242,000
246,000
250,000
255,000
253,000
207,000
205,000
210,000
207,000
209,000
205,000
210,000
213,000

213,000

210,000

205,000

209,000

207,000

210,000

205,000

207,000

253,000

255,000

250,000

246,000

242,000

20,412,000

230,000

224,000

219,000

215,000

210,000

206,000

204,000

22,121,000

198,000

20,431,000

202,000

199,000

194,000

193,000

189,000

184,000

178,000

173,000

16,037,000

18,145,000

18,114,000

149,000

18,280,000

18,248,000

18,381,000

130,000

18,452,000

18,386,000

18,520,000

113,000

18,198,000

17,855,000

17,794,000

6,847,000

93,000

16,793,000

16,218,000

6,886,000

91,000

88,000

86,000

6,842,000

85,000

5,163,242

5,160,272

3,654,460

3,362,508

3,355,622

3,351,872

3,348,902

2,390,011

2,445,803

2,468,546

-1,118

2,455,103

167,000

168,000

2,149,000

2,142,000

2,139,000

2,124,000

1,984,000

1,916,000

1,908,000

1,810,000

1,789,000

1,786,000

-2,529,000

-2,486,000

-2,542,000

1,786,000

-2,531,000

-1,714,000

-1,727,000

875,000

-2,179,141

-2,145,400

-2,142,200

876,800

1,875,300

1,867,600

1,588,400

729,500

1,471,700

729,800

1,365,900

1,365,600

720,600

1,251,900

1,251,200

1,250,000

714,800

1,160,900

1,028,000

1,000,700

554,100

956,000

955,800

955,600

548,800

865,000

864,900

Balance Sheet

Currency in CAD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31	1993-12-31
Accounts Payable	2,310,000	4,367,000	3,255,000	2,909,000	1,307,000	1,185,000	2,313,000	1,902,000	1,673,000	1,663,000	1,784,000	1,468,000	1,528,000	1,498,000	1,252,000	670,228	505,512	414,725	442,000	422,000	334,000	294,000	310,000	391,000	94,100	104,200	103,300	91,700	79,400	70,000	52,300
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
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
Accumulated Other Comprehensive Income	693,000	1,062,000	202,000	247,000	309,000	584,000	264,000	422,000	426,000	225,000	104,000	-35,000	16,000	294,000	341,000	263,477	-671,368	-144,455	-168,000	48,000	114,000	262,000	272,000	248,000	220,500	51,500	51,700	51,700	27,600	27,600	27,600
Additional Paid In Capital	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	1,061,000	571,000	694,000	692,000	672,000	338,000	313,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Stock	6,464,000	6,139,000	6,207,000	6,140,000	6,329,000	6,601,000	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
Capital Surpluse	0	0	0	0	219,000	204,000	0	193,000	173,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash	744,000	1,883,000	1,427,000	450,000	1,026,000	1,734,000	952,000	1,407,000	1,887,000	2,029,000	2,772,000	3,267,000	4,405,000	832,000	1,329,000	849,927	1,408,283	5,053,588	3,084,000	907,000	96,000	91,000	101,000	266,000	198,800	195,600	265,300	381,700	132,300	131,700	253,100
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
Cash And Short Term Investments	744,000	1,883,000	1,427,000	450,000	1,026,000	1,734,000	952,000	1,407,000	1,887,000	2,029,000	2,772,000	3,267,000	4,405,000	832,000	1,329,000	860,855	1,408,283	5,280,755	3,084,000	907,000	96,000	91,000	101,000	266,000	198,800	195,600	265,300	381,700	132,300	131,700	253,100
Common Stock	6,464,000	6,139,000	6,207,000	6,140,000	6,329,000	6,601,000	6,609,000	6,644,000	6,634,000	6,509,000	6,510,000	6,706,000	6,619,594	6,822,467	6,423,004	4,174,063	3,291,863	2,062,784	2,155,000	1,765,586	1,395,528	1,135,627	1,786,000	875,000	877,000	729,000	0	0	0	0	0
Common Stock Shares Outstanding	525,344	535,854	540,271	534,400	559,800	582,100	586,215	576,900	576,224	577,188	578,300	586,901	592,889	590,909	535,380	453,200	434,101	434,155	432,476	412,709	394,118	369,052	232,836	239,437	214,286	362,963	194,033	202,222	184,742	179,481	166,857
Common Stock Total Equity	0	0	0	6,140,000	6,329,000	6,601,000	6,609,000	6,644,000	6,634,000	0	6,509,000	6,706,000	6,750,000	6,802,000	6,757,000	5,079,000	3,281,000	2,405,000	2,155,000	2,124,000	1,810,000	1,786,000	1,786,000	875,000	877,000	729,000	0	0	0	0	0
Current Deferred Revenue	27,000	19,000	30,000	-442,000	46,000	67,000	19,000	18,000	31,000	-37,000	12,000	-6,000	148,000	0	0	67,994	103,287	509,087	118,000	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
Deferred Long Term Liab	0	0	0	0	0	0	0	0	0	3,894,181	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
Good Will	1,108,000	1,118,000	1,091,000	1,093,000	1,101,000	1,121,000	1,087,000	1,114,000	1,127,000	1,710,000	1,668,000	1,637,000	1,647,000	1,637,000	1,662,000	1,724,138	663,422	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Intangible Assets	345,000	400,000	395,000	309,000	162,000	80,000	76,000	74,000	79,000	81,000	85,000	1,649,869	1,615,181	1,641,926	1,579,848	1,416,831	665,195	0	0	0	43,948	0	0	0	0	0	0	0	0	0	0
Inventory	2,946,000	2,685,000	2,390,000	1,872,000	1,981,000	2,065,000	1,637,000	1,673,000	1,620,000	1,752,000	1,695,000	1,880,000	1,641,000	1,380,000	1,375,000	1,339,242	1,004,072	786,347	652,000	410,000	387,000	495,000	540,000	466,000	58,100	63,600	51,800	60,600	44,500	45,300	52,600
Liabilities And Stockholders Equity	56,193,000	52,359,000	47,368,000	41,278,000	39,350,000	39,626,000	37,058,000	35,629,000	34,688,000	36,839,000	36,183,000	34,617,000	34,219,000	29,209,000	29,873,000	31,533,511	13,573,344	11,446,878	8,809,000	6,059,000	5,267,000	4,958,000	5,153,000	5,102,000	2,662,100	2,339,700	2,359,100	2,580,100	1,989,600	1,800,600	1,469,100
Long Term Debt	9,516,000	8,830,000	8,424,000	7,074,000	5,045,000	5,181,000	6,028,000	8,244,000	9,606,000	5,933,462	7,214,535	7,216,287	6,547,024	4,897,693	6,542,776	4,192,965	1,496,940	1,294,279	1,506,003	727,348	996,916	750,938	787,060	752,731	0	0	0	0	0	0	0
Long Term Debt Total	0	0	0	0	5,557,000	5,487,000	0	8,244,000	9,606,000	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	1,513,000	1,503,000	2,631,000	2,336,000	1,262,000	1,238,000	1,099,000	1,175,000	634,222	223,625	267,344	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
Net Debt	10,348,000	8,134,000	7,904,000	7,431,000	4,720,000	3,785,000	5,417,000	6,936,000	7,747,000	6,412,000	4,951,000	3,928,000	2,630,000	4,116,000	6,675,000	12,024,041	114,212	-3,440,121	-1,115,000	-242,000	1,007,000	868,000	1,277,000	902,000	481,700	508,700	401,300	235,600	291,800	361,600	900
Net Invested Capital	37,019,000	34,919,000	31,642,000	27,228,000	26,378,000	28,065,000	25,439,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Receivables	2,190,000	1,619,000	1,987,000	1,326,000	1,157,000	1,258,000	1,839,000	1,682,000	1,298,000	1,136,000	1,303,000	1,426,000	1,343,000	1,094,000	881,000	1,898,980	592,909	723,439	531,000	364,000	315,000	235,000	242,000	292,000	57,500	75,700	72,900	58,500	59,300	18,400	15,500
Net Tangible Assets	0	23,955,000	21,519,000	18,637,000	20,041,000	21,683,000	18,688,000	16,254,000	7,934,823	12,451,162	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Working Capital	573,000	2,429,000	2,343,000	755,000	1,719,000	2,801,000	2,137,000	2,562,000	3,079,000	2,508,000	3,607,000	4,753,000	5,267,000	1,566,000	1,303,000	-5,178,485	1,655,577	5,207,363	3,152,000	1,351,000	541,000	635,000	609,000	760,000	249,700	267,700	324,500	430,100	171,300	139,000	265,700
Non Current Assets Total	49,728,000	44,066,000	41,265,000	37,278,000	34,855,000	34,309,000	32,280,000	30,867,000	29,883,000	31,922,000	30,413,000	28,044,000	26,830,000	25,903,000	26,197,000	27,434,434	10,568,080	4,551,491	4,542,000	4,248,000	4,334,000	4,003,000	4,109,000	3,906,000	2,310,700	1,963,900	1,929,100	2,040,300	1,715,700	1,573,800	1,121,500
Non Current Liabilities Other	681,000	400,000	351,000	131,000	20,000	42,000	29,000	65,000	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	22,009,000	19,984,000	19,835,000	17,325,000	14,500,000	14,092,000	14,892,000	15,828,000	16,325,000	15,594,000	15,209,000	14,820,000	14,204,000	11,293,000	12,919,000	11,251,821	4,412,553	3,209,459	3,311,000	2,378,000	2,346,000	2,088,000	2,127,000	1,964,000	906,900	927,500	909,700	940,800	622,800	680,200	411,000
Non Currrent Assets Other	1,064,000	173,000	998,000	782,000	764,000	660,000	819,000	797,000	659,000	543,000	401,000	305,000	-5,162,000	1,009,000	857,000	1,444,876	2,028,007	610,438	1,010,000	623,000	589,000	471,000	811,000	623,000	1,165,700	961,200	1,064,300	1,132,600	855,300	680,300	363,900
Noncontrolling Interest In Consolidated Entity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	0	950,000	1,159,000	1,053,000	975,000	820,000	865,000	831,000	450,000	869,323	856,632	1,211,449	1,292,537	1,012,036	814,639	599,934	500,652	303,628	254,717	205,320	141,866	124,626	128,769	113,278	0	0	0	0	0	0	0
Other Current Assets	585,000	540,000	299,000	352,000	331,000	260,000	350,000	0	0	0	0	0	0	1,097,292	91,000	0	0	0	0	130,000	135,000	134,000	161,000	172,000	37,000	40,900	40,000	39,000	37,800	31,400	26,400
Other Current Liab	2,845,000	730,000	135,000	544,000	1,234,000	1,232,000	254,000	181,000	-6,000	355,000	308,000	323,000	87,000	177,000	1,252,000	767,363	710,100	659,366	342,000	0	0	0	435,000	436,000	94,400	108,000	-100	18,000	23,200	300	17,600
Other Liab	0	10,715,000	10,844,000	9,678,000	8,943,000	8,605,000	8,108,000	7,584,000	3,507,274	1,103,314	1,540,996	2,230,397	2,143,768	1,190,572	978,137	973,044	997,291	667,296	540,309	497,091	811,874	576,715	548,995	563,711	0	0	0	0	0	0	0
Other Stockholder Equity	213,000	207,000	253,000	242,000	219,000	204,000	202,000	193,000	173,000	149,000	130,000	113,000	6,847,000	6,886,000	6,842,000	5,160,272	3,351,872	2,468,546	168,000	2,124,000	1,810,000	1,786,000	-172,000	-148,000	-200	500	729,800	720,600	714,800	554,100	548,800
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
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
Property Plant And Equipment Gross	68,889,000	62,735,000	58,287,000	33,578,000	31,355,000	31,050,000	29,045,000	27,595,000	26,791,000	0	28,925,000	24,377,000	23,150,000	21,886,000	22,426,000	23,909,000	7,807,000	3,838,000	3,532,000	3,488,000	3,615,000	3,393,000	3,298,000	3,283,000	1,145,000	1,042,000	864,800	907,700	860,400	893,500	757,600
Property Plant And Equipment Net	45,565,000	40,095,000	37,382,000	33,578,000	31,355,000	31,050,000	29,045,000	27,595,000	26,791,000	28,925,000	27,811,000	24,377,000	23,150,000	21,886,000	22,426,000	23,908,451	7,807,131	3,838,537	3,532,000	3,488,000	3,615,000	3,393,000	3,298,000	3,283,000	1,145,000	1,002,700	864,800	907,700	860,400	893,500	757,600
Property Plant Equipment	0	40,095,000	37,382,000	33,578,000	31,355,000	31,050,000	29,045,000	27,595,000	26,791,000	21,418,367	26,179,987	24,568,635	22,702,756	21,951,856	21,317,490	19,649,080	7,832,848	3,291,878	3,029,160	2,899,418	2,787,201	1,936,161	1,878,141	2,055,768	0	0	0	0	0	0	0
Retained Earnings	19,618,000	18,065,000	16,343,000	13,410,000	14,447,000	15,495,000	12,308,000	10,183,000	9,174,000	11,723,000	11,853,000	11,017,000	10,858,000	8,872,000	7,307,000	5,475,959	5,038,236	4,225,303	2,228,000	1,049,000	581,000	472,000	502,000	572,000	515,800	493,900	562,400	757,300	521,800	450,900	399,800
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
Short Long Term Debt	515,000	616,000	213,000	115,000	29,000	1,438	28,000	99,000	14,616	316,925	7,270,074	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	11,092,000	10,017,000	9,331,000	7,881,000	5,746,000	5,519,000	6,369,000	8,343,000	9,634,000	8,441,000	7,723,000	7,195,000	7,035,000	4,948,000	8,004,000	12,873,968	1,522,495	1,613,467	1,969,000	665,000	1,103,000	959,000	1,378,000	1,168,000	680,500	704,300	666,600	617,300	424,100	493,300	254,000
Short Term Debt	710,000	748,000	340,000	234,000	189,000	32,000	55,000	99,000	28,000	428,000	59,000	35,000	359,000	65,000	1,121,000	7,771,977	30,788	104,846	213,000	38,000	58,000	26,000	125,000	45,000	7,600	3,900	2,300	18,000	23,200	17,500	12,000
Short Term Investments	0	-1,102,000	-1,393,000	0	0	0	-895,000	-871,000	-738,000	-624,000	-486,000	-305,000	0	0	1,252,000	10,928	0	227,167	986,000	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
Total Assets	56,193,000	52,359,000	47,368,000	41,278,000	39,350,000	39,626,000	37,058,000	35,629,000	34,688,000	36,839,000	36,183,000	34,617,000	34,219,000	29,209,000	29,873,000	31,533,511	13,573,344	11,446,878	8,809,000	6,059,000	5,267,000	4,958,000	5,153,000	5,102,000	2,662,100	2,339,700	2,359,100	2,580,100	1,989,600	1,800,600	1,469,100
Total Current Assets	6,465,000	8,293,000	6,103,000	4,000,000	4,495,000	5,317,000	4,778,000	4,762,000	4,805,000	4,917,000	5,770,000	6,573,000	7,389,000	3,306,000	3,676,000	4,099,077	3,005,264	6,895,387	4,267,000	1,811,000	933,000	955,000	1,044,000	1,196,000	351,400	375,800	430,000	539,800	273,900	226,800	347,600
Total Current Liabilities	5,892,000	5,864,000	3,760,000	3,245,000	2,776,000	2,516,000	2,641,000	2,200,000	1,726,000	2,409,000	2,163,000	1,820,000	2,122,000	1,740,000	2,373,000	9,277,562	1,349,687	1,688,024	1,115,000	460,000	392,000	320,000	435,000	436,000	101,700	108,100	105,500	109,700	102,600	87,800	81,900
Total Liab	27,901,000	25,848,000	23,595,000	20,570,000	17,276,000	16,608,000	17,533,000	18,028,000	18,051,000	18,003,000	17,372,000	16,640,000	16,326,000	13,033,000	15,292,000	20,529,383	5,762,241	4,897,484	4,426,000	2,838,000	2,738,000	2,408,000	2,562,000	2,400,000	1,008,600	1,035,600	1,015,200	1,050,500	725,400	768,000	492,900
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
Total Stockholder Equity	26,988,000	25,473,000	23,005,000	20,039,000	21,304,000	22,884,000	19,383,000	17,442,000	16,407,000	18,606,000	18,597,000	17,801,000	17,721,000	16,052,000	14,490,000	10,899,709	7,718,741	6,549,394	4,383,000	3,221,000	2,505,000	2,520,000	2,560,000	1,695,000	1,613,100	1,274,900	1,343,900	1,529,600	1,264,200	1,032,600	976,200
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
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

	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
Accounts Payable	4,001,000	4,067,000	3,604,000	4,438,000	4,367,000	3,914,000	3,404,000	3,314,000	3,255,000	2,951,000	2,652,000	2,870,000	2,909,000	2,508,000	1,995,000	2,177,000	1,307,000	2,327,000	2,090,000	2,046,000	1,185,000	2,025,000	2,144,000	2,056,000	2,313,000	1,829,000	1,787,000	1,598,000	1,902,000	1,583,000	1,438,000	1,368,000	1,673,000	1,443,000	1,451,000	1,452,000	1,663,000	1,465,000	1,461,000	1,454,000	1,784,000	1,279,000	1,216,000	1,192,000	1,468,000	1,366,000	1,324,000	1,223,000	787,000	1,343,000	1,240,000	1,297,000	1,498,000	1,369,158	1,083,000	1,211,345	515,209	1,234,568	912,453	1,018,530	670,228	949,542	775,494	871,310	505,512	982,808	555,792	619,234	414,725	533,140	449,526	432,000	442,000	531,000	440,000	434,000	422,000	386,000	339,000	322,000	334,000	335,000	296,000	291,000	294,000	270,000	271,000	292,000	310,000	388,000	359,000	390,000	391,000	117,952	106,900	91,300	94,100	85,400	85,900	96,500	104,200	101,000	103,400	100,700	103,300	100,400	90,600	89,100	91,700	87,900	83,000	78,200	79,400	82,100	0	0	70,000	0	0	0	52,300	0	0	0
Accumulated Amortization	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
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
Accumulated Other Comprehensive Income	693,000	1,034,000	759,000	1,054,000	1,062,000	1,173,000	424,000	137,000	202,000	241,000	96,000	180,000	247,000	366,000	592,000	807,000	309,000	420,000	335,000	465,000	584,000	218,000	388,000	247,000	264,000	245,000	334,000	410,000	422,000	396,000	384,000	382,000	426,000	788,000	652,000	660,000	225,000	382,000	286,000	378,000	104,000	54,000	-158,000	-96,000	-35,000	-318,000	94,000	228,000	16,000	131,000	-78,000	-2,000	294,000	278,000	309,000	312,000	341,000	317,000	287,000	381,949	263,477	-654,673	-587,218	-576,072	-671,368	-426,314	-400,638	-116,467	-144,455	-244,775	-240,937	-165,000	-168,000	-1,000	74,000	52,000	48,000	32,000	148,000	129,000	114,000	141,000	152,000	1,988,000	262,000	2,529,000	2,486,000	2,542,000	272,000	5,062,000	3,428,000	3,454,000	248,000	3,264,000	3,244,000	3,238,000	220,500	-807,600	-807,600	-807,600	51,500	-690,200	-690,200	-690,200	51,700	-586,800	-586,800	-586,800	51,700	-504,700	-504,700	-504,700	27,600	-418,800	-418,800	-418,800	27,600	-374,700	-374,700	-374,700	27,600	-411,500	-411,500	-411,500
Additional Paid In Capital	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	1,061,000	611,000	567,000	571,000	571,000	692,000	676,000	685,000	694,000	691,000	680,000	692,000	692,000	751,000	726,000	705,000	672,000	685,000	672,000	674,000	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
Capital Stock	6,464,000	6,495,000	6,486,000	6,164,000	6,139,000	6,097,000	6,306,000	6,406,000	6,207,000	6,176,000	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
Capital Surpluse	0	0	0	0	0	0	0	0	0	0	0	0	0	0	230,000	224,000	219,000	215,000	210,000	116,317	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	744,000	1,343,000	1,773,000	2,265,000	1,883,000	2,638,000	2,702,000	2,465,000	1,427,000	390,000	312,000	369,000	450,000	403,000	336,000	219,000	1,026,000	1,619,000	1,529,000	2,446,000	1,734,000	1,483,000	1,631,000	1,209,000	952,000	889,000	846,000	536,000	1,407,000	1,113,000	1,271,000	1,485,000	1,887,000	1,487,000	1,327,000	1,567,000	2,029,000	1,853,000	2,131,000	2,386,000	2,772,000	2,250,000	2,799,000	2,950,000	3,267,000	3,930,000	3,641,000	3,800,000	4,405,000	4,260,000	1,314,000	1,046,000	832,000	1,177,000	758,000	774,000	1,329,000	1,082,000	750,000	1,632,422	849,927	1,246,540	1,162,223	1,059,562	1,408,283	1,767,862	4,008,502	3,961,024	5,053,588	3,679,446	3,230,340	3,165,000	3,084,000	2,525,000	1,326,000	1,147,000	907,000	429,000	326,000	186,000	96,000	60,000	35,000	32,000	91,000	21,000	69,000	85,000	101,000	74,000	394,000	368,000	266,000	129,478	171,100	200,800	198,800	263,000	317,800	129,700	195,600	204,900	235,800	279,500	265,300	272,300	366,900	345,600	381,700	457,800	151,100	130,900	132,300	106,400	0	0	131,700	0	0	0	253,100	0	0	0
Cash And Equivalents	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash And Short Term Investments	744,000	1,343,000	1,773,000	2,265,000	1,883,000	2,638,000	2,702,000	2,465,000	1,427,000	390,000	312,000	369,000	450,000	403,000	336,000	219,000	1,026,000	1,619,000	1,529,000	2,446,000	1,734,000	1,483,000	1,631,000	1,209,000	952,000	889,000	846,000	536,000	1,407,000	1,113,000	1,271,000	1,485,000	1,887,000	1,487,000	1,327,000	1,567,000	2,029,000	1,853,000	2,131,000	2,386,000	2,772,000	2,250,000	2,799,000	2,950,000	3,267,000	3,930,000	3,641,000	3,800,000	4,405,000	4,260,000	1,314,000	1,046,000	832,000	1,177,000	758,000	774,000	1,329,000	1,082,000	762,000	1,771,083	860,855	1,246,540	1,162,223	1,059,562	1,408,283	1,800,656	4,174,283	4,778,598	5,280,755	4,310,942	3,580,591	3,165,000	3,084,000	2,525,000	1,326,000	1,147,000	907,000	429,000	326,000	186,000	96,000	60,000	35,000	32,000	91,000	21,000	69,000	85,000	101,000	74,000	394,000	368,000	266,000	129,478	171,100	200,800	198,800	263,000	317,800	129,700	195,600	204,900	235,800	279,500	265,300	272,300	366,900	345,600	381,700	457,800	151,100	130,900	132,300	106,400	0	0	131,700	0	0	0	253,100	0	0	0
Common Stock	6,464,000	6,495,000	6,486,000	6,164,000	6,139,000	6,097,000	6,306,000	6,406,000	6,207,000	6,176,000	6,161,000	6,148,000	6,140,000	6,139,000	6,139,000	6,139,000	6,329,000	6,410,000	6,484,000	6,542,000	6,601,000	5,192,788	6,648,000	5,131,263	6,609,000	6,663,000	6,655,000	6,654,000	6,644,000	6,635,000	6,635,000	6,634,000	6,634,000	4,981,600	5,210,118	5,130,044	6,509,000	5,812,126	6,099,709	5,891,403	6,510,000	6,314,258	6,319,901	6,581,432	6,706,000	6,871,628	6,637,821	6,811,667	6,619,594	6,807,000	7,064,563	7,014,018	6,822,467	6,767,000	6,764,000	6,763,000	6,423,004	6,742,000	5,081,000	4,027,756	4,174,063	3,358,384	3,219,077	3,199,493	3,291,863	3,308,119	2,198,978	2,059,129	2,062,784	2,460,042	2,141,067	2,163,000	2,155,000	1,847,331	1,747,858	1,768,792	1,765,586	1,522,859	1,437,359	1,456,822	1,395,528	1,322,442	1,326,008	0	1,135,627	0	0	0	1,121,859	0	0	0	586,500	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
Common Stock Shares Outstanding	526,400	527,100	525,600	522,300	520,900	522,400	545,900	546,900	542,700	540,300	539,600	538,400	531,100	534,600	531,000	544,400	551,700	561,900	569,600	574,400	580,100	582,300	582,600	583,400	584,615	587,100	586,200	585,263	576,900	585,000	576,300	576,300	576,200	576,200	576,200	576,200	576,100	576,100	576,200	576,300	576,200	576,200	578,700	582,100	584,100	586,000	585,900	586,000	586,000	590,800	590,800	590,700	590,800	589,500	589,400	589,400	589,400	574,528	487,100	486,900	484,054	450,000	443,200	447,552	442,200	439,017	425,300	430,800	430,800	431,000	451,101	407,608	434,951	430,851	432,692	431,579	431,579	421,053	446,154	417,391	408,511	380,000	400,000	366,667	366,667	400,000	400,000	400,000	400,000	338,710	219,048	239,130	239,130	223,655	222,000	233,333	233,333	220,000	153,333	180,000	180,000	210,000	206,667	220,000	220,000	191,765	188,750	190,000	190,000	192,217	197,000	189,091	189,091	188,333	181,000	179,167	179,167	184,000	173,333	181,538	181,538	165,000	150,000	180,000
Common Stock Total Equity	0	0	0	0	0	0	0	0	0	0	0	0	6,140,000	0	6,139,000	6,139,000	6,329,000	6,410,000	6,484,000	6,542,000	6,601,000	6,653,000	6,648,000	6,626,000	6,609,000	6,663,000	6,655,000	6,654,000	6,644,000	6,634,000	6,634,000	6,634,000	6,634,000	6,633,000	6,509,000	6,509,000	6,509,000	6,509,000	6,509,000	6,510,000	6,510,000	6,510,000	6,634,000	6,692,000	6,706,000	6,750,000	6,750,000	6,749,000	6,750,000	6,807,000	6,806,000	6,805,000	6,802,000	6,767,000	6,764,000	6,763,000	6,757,000	6,742,000	5,081,000	5,079,000	5,079,000	3,575,000	3,287,000	3,283,000	3,281,000	3,280,000	2,323,000	2,382,000	2,405,000	2,396,000	2,392,000	2,163,000	2,155,000	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
Current Deferred Revenue	27,000	0	0	0	19,000	0	0	0	30,000	0	0	0	-442,000	0	0	0	46,000	0	0	0	67,000	0	0	0	19,000	0	0	0	18,000	0	0	0	31,000	335,000	347,000	363,000	-37,000	0	0	0	12,000	71,000	0	0	-6,000	194,000	0	185,000	889,000	0	0	300,000	0	0	0	0	0	0	0	0	67,994	0	0	0	103,287	42,731	93,518	87,638	509,087	175,478	198,550	150,000	118,000	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
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
Deferred Long Term Liab	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	3,848,545	0	0	0	3,118,024	0	0	0	2,919,587	0	0	0	4,525,428	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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
Good Will	1,108,000	1,117,000	1,108,000	1,117,000	1,118,000	1,123,000	1,098,000	1,086,000	1,091,000	1,093,000	1,082,000	1,088,000	1,093,000	1,111,000	1,120,000	1,137,000	1,101,000	1,109,000	1,104,000	1,112,000	1,121,000	1,099,000	1,106,000	1,098,000	1,087,000	1,085,000	1,100,000	1,110,000	1,114,000	1,104,000	1,099,000	1,101,000	1,127,000	1,111,000	1,749,000	1,756,000	1,710,000	1,692,000	1,669,000	1,686,000	1,668,000	1,653,000	1,662,000	1,646,000	1,637,000	1,632,000	1,648,000	1,639,000	1,647,000	1,661,000	1,624,000	1,627,000	1,637,000	1,652,000	1,668,000	1,647,000	1,662,000	1,671,000	1,711,000	1,753,435	1,724,138	748,350	717,484	751,980	663,422	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	0	0	0	0	0	0	0	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	345,000	0	0	0	400,000	0	0	0	395,000	0	0	0	309,000	0	0	0	162,000	0	0	0	80,000	0	3	850,306	76,000	867,375	848,438	833,772	74,000	840,887	850,290	846,532	79,000	834,397	1,399,984	1,383,985	81,000	1,510,849	1,564,052	1,525,792	85,000	1,603,298	1,583,310	1,618,804	1,649,869	1,661,407	1,620,612	1,654,219	1,615,181	1,581,754	1,685,696	1,676,974	1,641,926	1,605,286	1,566,786	1,622,021	1,579,848	1,562,851	1,471,448	1,390,960	1,416,831	702,677	702,184	732,872	665,195	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	43,948	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	2,946,000	2,958,000	2,946,000	2,779,000	2,685,000	2,583,000	2,407,000	2,331,000	2,390,000	2,335,000	2,176,000	1,974,000	1,872,000	1,898,000	1,979,000	1,875,000	1,981,000	2,104,000	2,059,000	2,046,000	2,065,000	2,010,000	1,995,000	1,815,000	1,637,000	1,608,000	1,670,000	1,634,000	1,673,000	1,659,000	1,561,000	1,483,000	1,620,000	1,833,000	1,886,000	1,814,000	1,752,000	1,835,000	1,703,000	1,742,000	1,695,000	1,756,000	1,788,000	1,760,000	1,880,000	1,937,000	1,846,000	1,800,000	1,641,000	1,657,000	1,553,000	1,390,000	1,380,000	1,391,000	1,335,000	1,299,000	1,375,000	1,411,000	1,451,000	1,415,606	1,339,242	1,041,090	993,283	966,979	1,004,072	1,151,744	856,536	793,358	786,347	869,565	758,505	684,000	652,000	545,000	498,000	426,000	410,000	469,000	451,000	429,000	387,000	510,000	504,000	544,000	495,000	588,000	543,000	536,000	540,000	568,000	552,000	523,000	466,000	59,363	61,500	55,500	58,100	57,700	44,500	59,800	63,600	57,100	70,200	53,900	51,800	51,100	53,300	52,300	60,600	55,800	54,800	55,600	44,500	50,900	0	0	45,300	0	0	0	52,600	0	0	0
Liabilities And Stockholders Equity	56,193,000	54,787,000	53,090,000	53,758,000	52,359,000	50,324,000	49,635,000	48,824,000	47,368,000	44,936,000	42,779,000	41,712,000	41,278,000	40,267,000	39,238,000	38,774,000	39,350,000	41,817,000	41,215,000	42,106,000	39,626,000	38,373,000	38,634,000	37,894,000	37,058,000	35,468,000	34,898,000	34,851,000	35,629,000	34,452,000	33,911,000	33,815,000	34,688,000	34,654,000	37,248,000	37,566,000	36,839,000	36,447,000	36,263,000	36,381,000	36,183,000	34,919,000	34,971,000	34,783,000	34,617,000	34,759,000	34,354,000	34,038,000	34,219,000	33,640,000	29,865,000	29,126,000	29,209,000	29,412,000	28,570,000	28,417,000	29,873,000	29,911,000	30,223,000	31,970,251	31,533,511	15,175,644	14,185,834	13,806,193	13,573,344	13,941,171	10,595,112	11,128,921	11,446,878	9,896,055	9,454,545	8,928,000	8,809,000	8,042,000	6,518,000	6,293,000	6,059,000	5,854,000	5,793,000	5,588,000	5,267,000	5,238,000	4,844,000	5,113,000	4,958,000	4,940,000	4,809,000	5,105,000	5,153,000	5,278,000	5,310,000	5,262,000	5,102,000	2,844,171	2,719,600	2,673,400	2,662,100	2,621,300	2,581,700	2,332,500	2,339,700	2,416,700	2,406,100	2,358,300	2,359,100	2,675,500	2,746,900	2,582,900	2,580,100	2,616,100	2,037,500	2,012,300	1,989,600	1,977,600	1,855,500	1,820,100	1,800,600	1,780,800	1,613,400	1,608,900	1,469,100	1,343,100	1,375,400	1,368,300
Long Term Debt	9,516,000	9,589,000	9,115,000	9,128,000	8,830,000	8,898,000	8,165,000	8,627,000	8,424,000	8,229,000	7,937,000	7,315,000	7,074,000	6,740,000	6,365,000	5,573,000	5,045,000	5,119,000	5,058,000	5,978,000	3,798,944	4,061,037	4,997,725	5,014,327	5,033,081	4,851,707	4,861,550	5,108,541	6,134,841	6,506,208	6,916,828	6,643,088	6,940,250	6,943,297	6,926,279	6,891,551	6,895,276	7,187,249	7,184,894	7,208,145	7,214,535	7,199,806	7,210,632	7,192,172	7,216,287	7,676,881	6,567,017	6,603,755	6,547,024	6,550,805	4,878,555	4,868,068	4,897,693	5,461,082	5,276,160	5,525,901	6,542,776	7,137,112	9,004,988	3,845,361	4,192,965	1,444,810	1,476,839	1,482,312	1,496,940	1,511,851	1,293,071	1,280,256	1,294,279	1,296,944	1,501,074	1,485,920	1,506,003	1,493,166	535,292	538,328	727,348	923,065	943,736	945,255	996,916	1,092,549	877,571	911,382	750,938	787,069	732,753	807,834	787,060	835,718	832,232	729,147	752,731	474,941	471,448	472,630	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long Term Debt Total	0	0	0	0	0	0	0	0	0	0	0	0	0	0	6,940,000	6,115,000	5,557,000	5,682,000	5,597,000	3,681,476	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	1,513,000	2,860,000	2,786,000	2,779,000	1,503,000	2,305,000	2,306,000	2,470,000	2,631,000	2,557,000	2,500,000	2,453,000	2,336,000	2,378,000	2,308,000	2,257,000	1,262,000	2,089,000	2,007,000	2,155,000	961,285	1,447,861	1,484,150	1,490,746	962,136	1,433,368	1,475,511	1,447,457	932,430	0	0	0	877,827	0	0	0	259,874	0	0	0	267,344	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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
Net Debt	10,348,000	9,395,000	8,389,000	7,927,000	8,134,000	7,302,000	6,468,000	6,982,000	7,904,000	8,721,000	8,602,000	7,939,000	7,431,000	7,171,000	6,803,000	6,257,000	4,720,000	4,215,000	4,230,000	4,206,000	3,785,000	3,752,000	4,988,000	5,294,000	5,417,000	5,233,000	5,539,000	6,348,000	6,936,000	7,591,000	7,733,000	7,568,000	7,747,000	8,197,000	7,745,000	7,639,000	6,412,000	6,276,000	5,617,000	5,648,000	4,951,000	5,219,000	4,809,000	4,394,000	3,928,000	3,676,000	3,380,000	3,088,000	2,630,000	2,987,000	3,448,000	-983,000	4,116,000	4,766,000	4,920,000	5,019,000	6,675,000	7,411,000	10,491,000	11,645,027	12,024,041	291,676	377,570	493,776	114,212	-238,497	-2,635,494	-2,473,478	-3,440,121	-2,048,731	-1,520,357	-1,391,000	-1,115,000	-576,000	-694,000	-524,000	-242,000	538,000	741,000	864,000	1,007,000	1,245,000	924,000	1,079,000	868,000	994,000	861,000	1,287,000	1,277,000	1,111,000	670,000	584,000	902,000	692,537	537,600	491,200	481,700	426,500	375,900	576,900	508,700	496,600	447,900	386,900	401,300	381,600	376,600	264,900	235,600	204,600	266,900	291,500	291,800	331,300	471,700	474,700	361,600	319,400	372,600	347,800	900	218,900	237,600	231,200
Net Invested Capital	37,019,000	37,145,000	36,010,000	35,937,000	34,919,000	34,463,000	33,932,000	32,967,000	31,642,000	29,950,000	28,791,000	27,988,000	27,228,000	27,601,000	27,227,000	26,994,000	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
Net Receivables	2,190,000	1,843,000	1,392,000	1,801,000	1,619,000	1,785,000	2,061,000	2,265,000	1,987,000	1,836,000	1,234,000	1,321,000	1,326,000	1,120,000	743,000	1,084,000	1,157,000	1,405,000	1,456,000	1,632,000	1,258,000	1,317,000	1,327,000	1,469,000	1,839,000	1,820,000	1,229,000	1,521,000	1,682,000	1,117,000	1,175,000	1,155,000	1,298,000	1,095,000	1,171,000	1,181,000	1,136,000	1,091,000	1,103,000	1,021,000	1,303,000	1,214,000	1,111,000	1,260,000	1,426,000	1,368,000	1,266,000	1,410,000	1,343,000	1,437,000	1,379,000	1,060,000	1,094,000	1,221,000	723,000	789,000	881,000	948,000	1,051,000	893,735	1,898,980	765,382	901,689	765,353	592,909	724,436	651,435	636,531	723,439	590,142	587,842	537,000	531,000	424,000	345,000	342,000	364,000	347,000	301,000	316,000	315,000	252,000	210,000	232,000	235,000	198,000	207,000	219,000	242,000	232,000	203,000	250,000	292,000	59,036	44,600	56,300	57,500	61,500	65,700	56,200	75,700	69,800	71,500	62,400	72,900	71,000	72,500	65,000	58,500	59,200	60,300	59,300	59,300	59,100	0	0	18,400	0	0	0	15,500	0	0	0
Net Tangible Assets	0	25,901,000	0	25,199,000	23,955,000	24,092,000	24,340,000	23,119,000	21,519,000	20,437,000	19,475,000	19,284,000	18,637,000	19,667,000	19,694,000	20,086,000	20,041,000	22,293,000	22,032,000	9,373,389	15,898,959	16,578,208	15,273,017	15,163,014	14,523,715	14,309,697	13,402,237	12,716,142	12,095,550	0	0	0	10,982,588	0	0	0	14,469,495	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	573,000	1,138,000	1,505,000	1,600,000	2,429,000	2,963,000	3,442,000	3,672,000	2,343,000	1,410,000	842,000	550,000	755,000	960,000	1,162,000	913,000	1,719,000	2,819,000	3,410,000	4,496,000	2,801,000	2,853,000	3,187,000	2,705,000	2,137,000	2,518,000	2,048,000	1,718,000	2,562,000	2,036,000	2,487,000	2,319,000	3,079,000	2,523,000	2,418,000	2,591,000	2,508,000	3,182,000	3,131,000	3,623,000	3,607,000	3,836,000	4,123,000	4,680,000	4,753,000	5,767,000	4,812,000	5,320,000	5,267,000	5,485,000	2,663,000	1,986,000	1,566,000	2,057,000	1,554,000	1,450,000	1,303,000	1,424,000	1,433,000	-5,367,452	-5,178,485	2,103,470	2,029,310	1,888,695	1,655,577	1,940,773	4,780,021	5,291,744	5,207,363	4,639,544	3,896,263	3,548,000	3,152,000	2,820,000	1,635,000	1,391,000	1,351,000	965,000	809,000	683,000	541,000	567,000	545,000	624,000	635,000	688,000	614,000	616,000	609,000	551,000	885,000	864,000	760,000	64,699	195,600	248,800	249,700	332,400	374,000	182,500	267,700	275,000	312,200	334,700	324,500	335,300	351,400	401,600	430,100	509,000	201,700	190,700	171,300	148,000	76,600	161,000	139,000	182,900	48,400	80,700	265,700	156,900	152,400	195,100
Non Current Assets Total	49,728,000	48,038,000	46,452,000	46,401,000	44,066,000	42,812,000	41,973,000	41,168,000	41,265,000	40,091,000	38,723,000	37,680,000	37,278,000	36,492,000	35,830,000	35,258,000	34,855,000	36,399,000	35,481,000	35,309,000	34,309,000	33,331,000	33,130,000	32,821,000	32,280,000	30,801,000	30,803,000	31,160,000	30,867,000	30,563,000	29,904,000	29,692,000	29,883,000	30,239,000	32,864,000	33,004,000	31,922,000	31,668,000	31,326,000	31,232,000	30,413,000	29,699,000	29,273,000	28,813,000	28,044,000	27,524,000	27,601,000	27,028,000	26,830,000	26,286,000	25,619,000	25,630,000	25,903,000	25,623,000	25,754,000	25,555,000	26,197,000	26,305,000	26,959,000	27,891,088	27,434,434	12,122,631	11,128,638	11,014,299	10,568,080	10,264,335	4,906,482	4,913,515	4,551,491	4,125,405	4,527,607	4,542,000	4,542,000	4,388,000	4,219,000	4,248,000	4,248,000	4,453,000	4,588,000	4,523,000	4,334,000	4,261,000	3,978,000	4,177,000	4,003,000	3,968,000	3,857,000	4,116,000	4,109,000	4,220,000	4,014,000	3,961,000	3,906,000	2,556,476	2,406,200	2,326,300	2,310,700	2,199,600	2,117,900	2,049,600	1,963,900	2,040,100	1,989,900	1,922,200	1,929,100	2,237,900	2,212,300	2,079,800	2,040,300	2,002,900	1,733,800	1,728,700	1,715,700	1,721,800	1,693,500	1,574,900	1,573,800	1,518,200	1,492,700	1,446,500	1,121,500	1,103,600	1,157,800	1,115,900
Non Current Liabilities Other	681,000	3,944,000	4,103,000	3,918,000	400,000	0	0	0	351,000	0	0	0	131,000	0	0	0	20,000	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
Non Current Liabilities Total	22,009,000	20,853,000	20,332,000	20,521,000	19,984,000	19,630,000	19,122,000	19,869,000	19,835,000	19,249,000	18,346,000	17,216,000	17,325,000	15,946,000	15,394,000	14,086,000	14,500,000	15,002,000	14,936,000	15,786,000	14,092,000	13,718,000	14,944,000	14,708,000	14,892,000	14,194,000	14,227,000	14,668,000	15,828,000	15,787,000	15,813,000	15,383,000	16,325,000	15,703,000	16,235,000	16,569,000	15,594,000	15,966,000	15,707,000	15,872,000	15,209,000	14,829,000	14,964,000	14,875,000	14,820,000	15,238,000	14,273,000	14,142,000	14,204,000	14,064,000	11,424,000	11,276,000	11,293,000	11,748,000	11,689,000	11,531,000	12,919,000	13,608,000	16,562,000	11,157,191	11,251,821	5,068,129	4,646,855	4,638,412	4,412,553	4,217,430	3,148,778	3,261,070	3,209,459	2,975,299	3,138,873	3,250,000	3,311,000	3,259,000	2,242,000	2,195,000	2,378,000	2,596,000	2,647,000	2,579,000	2,346,000	2,380,000	2,086,000	2,302,000	2,088,000	2,096,000	1,956,000	2,159,000	2,127,000	2,176,000	2,120,000	2,016,000	1,964,000	948,302	939,500	916,200	906,900	926,600	905,700	922,800	927,500	945,900	928,800	911,900	909,700	999,800	1,006,700	930,100	940,800	999,600	636,200	631,400	622,800	623,600	679,500	681,600	680,200	685,800	544,400	534,700	411,000	412,400	444,500	439,800
Non Currrent Assets Other	1,064,000	0	0	176,000	173,000	163,000	0	0	998,000	0	0	0	782,000	0	-5,453,000	-5,569,000	764,000	-6,273,000	-6,288,000	-6,342,000	660,000	-5,995,000	-5,866,000	-5,666,000	819,000	-5,080,000	-5,002,000	-4,901,000	797,000	-4,609,000	-4,623,000	-4,680,000	659,000	866,000	-5,806,000	-5,761,000	543,000	-5,751,000	-5,736,000	-5,747,000	401,000	-5,701,000	-5,560,000	-5,488,000	305,000	-5,218,000	-5,233,000	-5,236,000	-5,162,000	543,000	473,000	477,000	1,009,000	903,000	874,000	825,000	857,000	722,000	740,000	1,734,527	1,444,876	2,309,985	2,302,056	2,166,444	2,028,007	1,896,055	1,014,878	908,672	610,438	622,555	1,052,984	1,015,000	1,010,000	912,000	711,000	758,000	623,000	753,000	800,000	750,000	589,000	683,000	685,000	772,000	471,000	625,000	616,000	821,000	811,000	743,000	781,000	471,000	623,000	1,326,326	1,206,800	1,174,400	1,165,700	1,038,600	1,022,400	1,000,400	961,200	1,029,200	1,032,900	1,053,600	1,064,300	1,190,100	1,153,700	1,179,700	1,132,600	1,173,900	875,100	868,100	855,300	848,700	823,100	709,900	680,300	653,800	645,000	633,300	363,900	326,200	343,800	350,900
Noncontrolling Interest In Consolidated Entity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	0	1,796,000	0	1,886,000	950,000	1,481,000	1,388,000	1,579,000	1,159,000	132,000	132,000	271,000	1,053,000	211,000	211,000	211,000	975,000	160,000	160,000	128,560	547,734	183,422	162,293	2,536,978	2,578,717	2,487,009	2,491,323	2,438,969	2,434,886	2,420,596	2,355,899	2,315,854	2,233,943	1,728,877	2,462,979	2,436,948	2,578,952	2,596,660	2,733,577	2,638,009	2,449,402	3,742,968	3,519,101	3,567,073	3,695,827	3,705,589	3,751,598	3,975,575	3,608,905	3,362,537	3,512,560	3,511,647	4,029,087	3,770,285	3,635,168	3,762,064	3,584,601	3,412,832	3,201,754	3,069,786	2,896,943	2,873,650	3,002,644	0	2,770,141	2,133,132	1,035,593	869,640	612,402	0	941,640	868,784	866,209	783,977	580,171	626,809	631,754	596,625	600,150	572,650	554,356	504,879	508,575	525,850	609,144	393,850	406,279	513,735	702,889	472,556	515,852	423,070	562,370	878,594	815,221	810,446	0	0	0	0	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	585,000	605,000	527,000	512,000	540,000	506,000	492,000	595,000	299,000	284,000	334,000	368,000	352,000	354,000	350,000	338,000	331,000	290,000	690,000	673,000	260,000	232,000	201,000	230,000	350,000	350,000	350,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1,368,441	1,431,389	1,092,558	1,097,292	1,186,474	679,128	777,034	91,000	165,000	903,853	-1,261	0	0	0	0	0	0	-1,063	6,919	0	0	0	0	0	160,000	130,000	130,000	130,000	156,000	127,000	134,000	135,000	155,000	117,000	128,000	134,000	165,000	133,000	149,000	161,000	184,000	147,000	160,000	172,000	39,818	36,200	34,500	37,000	39,500	35,800	37,200	40,900	44,800	38,700	40,300	40,000	43,200	41,900	40,200	39,000	40,400	37,500	37,800	37,800	39,400	162,000	245,200	31,400	262,600	120,700	162,400	26,400	239,500	217,600	252,400
Other Current Liab	1,154,000	865,000	917,000	698,000	730,000	156,000	362,000	410,000	135,000	172,000	152,000	192,000	544,000	81,000	52,000	65,000	1,234,000	120,000	72,000	123,000	1,232,000	132,000	144,000	284,000	254,000	267,000	178,000	292,000	181,000	108,000	18,000	23,000	-6,000	-325,000	-251,000	-306,000	355,000	52,000	264,000	3,000	308,000	-12,000	320,000	67,000	323,000	-157,000	274,000	-63,000	87,000	158,000	281,000	-150,000	177,000	1,409,000	118,000	1,230,000	1,252,000	1,320,000	1,061,000	0	767,363	0	220,843	0	710,100	679,718	251,860	209,871	659,366	239,186	349,136	218,000	342,000	91,000	0	0	0	0	0	0	0	0	0	0	0	270,000	283,000	292,000	435,000	507,000	411,000	437,000	436,000	128,000	100	-100	94,400	100	3,900	100	3,900	-100	-100	700	-100	1,900	6,300	12,400	18,000	16,300	19,000	14,700	23,200	4,400	85,400	84,200	300	79,700	72,300	81,700	17,600	82,600	65,200	57,300
Other Liab	0	10,794,000	0	10,950,000	10,715,000	10,169,000	10,406,000	10,682,000	10,844,000	10,450,000	9,842,000	9,328,000	9,678,000	8,598,000	8,454,000	7,971,000	8,943,000	9,320,000	9,339,000	3,931,461	6,309,576	6,646,113	6,335,507	1,868,659	2,534,874	2,344,712	2,167,374	2,143,769	2,000,298	1,926,270	1,658,027	1,503,921	1,366,231	898,235	1,143,841	1,340,637	1,282,162	1,596,571	1,772,093	1,572,851	1,540,996	1,584,869	1,580,452	1,887,293	2,230,397	2,326,173	2,136,887	2,198,224	2,143,768	1,738,882	1,736,558	1,674,912	1,190,572	986,299	937,441	977,940	978,137	1,058,736	1,004,472	953,212	973,044	875,528	915,679	970,666	997,291	946,041	754,449	723,548	667,296	556,601	562,120	551,228	540,309	514,914	492,860	510,213	497,091	504,714	498,125	510,804	811,874	666,765	671,171	656,631	576,715	533,745	557,314	543,145	548,995	548,241	568,032	545,753	563,711	153,240	163,217	159,580	0	0	0	0	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	213,000	210,000	205,000	209,000	207,000	210,000	205,000	207,000	253,000	255,000	250,000	246,000	242,000	20,412,000	230,000	224,000	219,000	215,000	210,000	206,000	204,000	22,121,000	198,000	20,431,000	202,000	202,000	199,000	194,000	193,000	189,000	184,000	178,000	173,000	16,037,000	18,145,000	18,114,000	149,000	18,280,000	18,248,000	18,381,000	130,000	18,452,000	18,386,000	18,520,000	113,000	18,198,000	17,855,000	17,794,000	6,847,000	93,000	16,793,000	16,218,000	6,886,000	91,000	88,000	86,000	6,842,000	85,000	85,000	5,163,242	5,160,272	3,654,460	3,362,508	3,355,622	3,351,872	3,348,902	2,390,011	2,445,803	2,468,546	-1,118	2,455,103	167,000	168,000	2,149,000	2,142,000	2,139,000	2,124,000	1,984,000	1,916,000	1,908,000	1,810,000	1,789,000	1,786,000	0	1,786,000	-2,529,000	-2,486,000	-2,542,000	1,786,000	-2,531,000	-1,714,000	-1,727,000	875,000	-2,179,141	-2,145,400	-2,142,200	876,800	1,875,300	1,867,600	1,588,400	729,500	1,471,700	1,471,700	1,471,700	729,800	1,365,900	1,365,900	1,365,600	720,600	1,251,900	1,251,200	1,250,000	714,800	1,160,900	1,028,000	1,000,700	554,100	956,000	955,800	955,600	548,800	865,000	864,900	864,900
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
Preferred Stock Total Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Property Plant And Equipment Gross	68,889,000	0	0	0	62,735,000	0	0	0	0	0	35,009,000	33,868,000	33,578,000	32,792,000	32,191,000	31,653,000	31,355,000	33,041,000	32,210,000	31,882,000	31,050,000	30,142,000	29,853,000	29,545,000	29,045,000	27,690,000	27,573,000	27,913,000	27,595,000	27,385,000	26,859,000	26,680,000	26,791,000	27,071,000	29,787,000	29,912,000	28,925,000	28,760,000	28,409,000	28,317,000	27,811,000	25,840,000	25,579,000	25,186,000	24,937,000	23,884,000	23,786,000	23,089,000	23,150,000	22,755,000	22,235,000	22,223,000	22,309,000	21,743,000	21,884,000	21,735,000	22,426,000	22,656,000	23,236,000	24,020,000	23,909,000	9,064,000	8,063,000	8,026,000	7,807,000	8,149,000	3,812,000	3,908,000	3,724,000	3,503,000	3,475,000	3,527,000	3,533,000	3,476,000	3,508,000	3,490,000	3,488,000	3,700,000	3,788,000	3,773,000	3,723,000	3,578,000	3,293,000	3,405,000	3,393,000	3,343,000	3,241,000	3,295,000	3,298,000	3,477,000	3,233,000	3,292,000	3,283,000	1,230,000	1,199,000	1,152,000	1,126,000	1,161,000	1,095,500	1,049,200	1,002,700	1,010,900	957,000	868,600	864,800	1,047,800	1,058,600	900,100	907,700	829,000	858,700	860,600	860,400	873,100	870,400	865,000	893,500	864,400	847,700	813,200	757,600	777,400	814,000	765,000
Property Plant And Equipment Net	45,565,000	43,986,000	42,483,000	42,254,000	40,095,000	39,060,000	38,408,000	37,451,000	37,382,000	36,309,000	35,009,000	33,868,000	33,578,000	32,792,000	32,191,000	31,653,000	31,355,000	33,041,000	32,210,000	31,882,000	31,050,000	30,142,000	29,853,000	29,545,000	29,045,000	27,690,000	27,573,000	27,913,000	27,595,000	27,385,000	26,859,000	26,680,000	26,791,000	27,071,000	29,787,000	29,912,000	28,925,000	28,760,000	28,409,000	28,317,000	27,811,000	25,840,000	25,579,000	25,186,000	24,377,000	23,884,000	23,786,000	23,089,000	23,150,000	22,755,000	22,235,000	22,223,000	21,886,000	21,743,000	21,884,000	21,735,000	22,426,000	22,656,000	23,236,000	24,019,917	23,908,451	9,064,296	8,063,301	8,025,923	7,807,131	8,148,663	3,811,902	3,907,980	3,838,537	3,502,850	3,474,624	3,527,000	3,532,000	3,476,000	3,508,000	3,490,000	3,488,000	3,700,000	3,788,000	3,773,000	3,615,000	3,578,000	3,293,000	3,405,000	3,393,000	3,343,000	3,241,000	3,295,000	3,298,000	3,477,000	3,233,000	3,490,000	3,283,000	1,230,150	1,199,400	1,151,900	1,145,000	1,161,000	1,095,500	1,049,200	1,002,700	1,010,900	957,000	868,600	864,800	1,047,800	1,058,600	900,100	907,700	829,000	858,700	860,600	860,400	873,100	870,400	865,000	893,500	864,400	847,700	813,200	757,600	777,400	814,000	765,000
Property Plant Equipment	0	43,986,000	0	42,254,000	40,095,000	39,060,000	38,408,000	37,451,000	37,382,000	36,309,000	35,009,000	33,868,000	33,578,000	32,792,000	32,191,000	31,653,000	31,355,000	33,041,000	32,210,000	13,527,177	22,767,268	23,526,382	22,639,921	22,880,043	23,152,650	22,136,062	21,267,258	20,966,724	20,535,050	20,858,405	20,780,658	20,513,609	19,356,260	20,981,600	23,842,952	23,575,032	24,890,285	25,680,864	26,622,622	25,626,244	26,179,987	25,063,046	24,367,915	24,769,866	24,568,635	24,314,364	23,390,697	23,303,391	22,702,756	21,669,365	23,079,718	22,905,586	21,951,856	21,128,170	20,556,077	21,405,357	21,317,490	21,189,675	19,982,800	19,048,374	19,649,080	8,514,796	7,896,386	7,821,850	7,832,848	8,218,860	3,608,482	3,378,285	3,291,878	3,139,733	3,110,455	3,018,916	3,029,160	2,988,051	2,862,505	2,885,967	2,899,418	2,931,622	2,841,710	2,880,812	2,787,201	2,644,885	2,444,873	2,319,324	1,936,161	2,106,623	2,137,581	2,061,823	1,878,141	2,211,410	2,135,403	2,081,831	2,055,768	814,885	810,154	794,909	0	0	0	0	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	19,618,000	19,279,000	18,965,000	18,889,000	18,065,000	17,735,000	18,503,000	17,455,000	16,343,000	14,858,000	14,050,000	13,798,000	13,410,000	13,916,000	13,853,000	14,053,000	14,447,000	16,357,000	16,107,000	15,991,000	15,495,000	15,200,000	14,011,000	13,542,000	12,308,000	11,875,000	11,288,000	10,781,000	10,183,000	9,429,000	9,159,000	9,213,000	9,174,000	9,631,000	11,802,000	11,781,000	11,723,000	11,819,000	11,744,000	11,926,000	11,853,000	11,844,000	11,553,000	11,664,000	11,017,000	11,180,000	11,049,000	11,059,000	10,858,000	10,509,000	9,858,000	9,325,000	8,872,000	8,688,000	8,357,000	8,215,000	7,307,000	6,896,000	6,287,000	5,716,627	5,475,959	6,082,606	5,659,475	5,383,191	5,038,236	4,978,635	4,488,842	4,564,114	4,225,303	3,575,500	3,070,831	2,675,000	2,228,000	1,801,000	1,396,000	1,253,000	1,049,000	806,000	686,000	590,000	581,000	493,000	474,000	483,000	472,000	0	0	0	502,000	0	0	0	572,000	547,618	523,000	522,800	515,800	499,900	493,000	495,700	493,900	559,000	556,900	563,500	562,400	794,300	777,900	772,500	757,300	765,100	552,800	542,700	521,800	504,100	481,400	472,400	450,900	434,000	415,600	411,600	399,800	394,600	384,700	390,100
Retained Earnings Total Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	515,000	538,000	480,000	493,000	616,000	350,000	329,000	135,000	213,000	191,000	297,000	301,000	115,000	83,000	48,000	198,000	29,000	30,000	1,897	0	23,464	24,977	21,993	21,684	22,320	42,369	4,924,798	5,170,886	49,114	0	0	0	20,230	0	0	0	368,299	0	0	0	7,270,074	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	11,092,000	10,738,000	10,162,000	10,192,000	10,017,000	9,940,000	9,170,000	9,447,000	9,331,000	9,111,000	8,914,000	8,308,000	7,881,000	7,574,000	7,139,000	6,476,000	5,746,000	5,834,000	5,759,000	6,652,000	5,519,000	5,235,000	6,619,000	6,503,000	6,369,000	6,122,000	6,385,000	6,884,000	8,343,000	8,704,000	9,004,000	9,053,000	9,634,000	9,684,000	9,072,000	9,206,000	8,441,000	8,129,000	7,748,000	8,034,000	7,723,000	7,469,000	7,608,000	7,344,000	7,195,000	7,606,000	7,021,000	6,888,000	7,035,000	7,247,000	4,762,000	63,000	4,948,000	5,943,000	5,678,000	5,793,000	8,004,000	8,493,000	11,241,000	13,277,449	12,873,968	1,538,216	1,539,792	1,553,338	1,522,495	1,529,365	1,373,007	1,487,546	1,613,467	1,630,714	1,709,983	1,774,000	1,969,000	1,949,000	632,000	623,000	665,000	967,000	1,067,000	1,050,000	1,103,000	1,305,000	959,000	1,111,000	959,000	1,015,000	930,000	1,372,000	1,378,000	1,185,000	1,064,000	952,000	1,168,000	822,015	708,700	692,000	680,500	689,500	693,700	706,600	704,300	701,500	683,700	666,400	666,600	653,900	743,500	610,500	617,300	662,400	418,000	422,400	424,100	437,700	471,700	474,700	493,300	319,400	372,600	347,800	254,000	218,900	237,600	231,200
Short Term Debt	710,000	679,000	612,000	621,000	748,000	479,000	454,000	260,000	340,000	312,000	410,000	420,000	234,000	226,000	199,000	361,000	189,000	152,000	162,000	132,000	32,000	32,000	29,000	28,000	55,000	53,000	82,000	83,000	99,000	162,000	64,000	413,000	28,000	439,000	419,000	462,000	428,000	80,000	81,000	69,000	59,000	46,000	39,000	31,000	35,000	65,000	343,000	345,000	359,000	368,000	62,000	63,000	65,000	323,000	61,000	182,000	1,121,000	862,000	770,000	8,428,085	7,771,977	0	31,549	31,890	30,788	30,806	7,439	6,919	104,846	183,302	33,463	38,000	213,000	212,000	224,000	220,000	38,000	50,000	57,000	60,000	58,000	75,000	25,000	21,000	26,000	14,000	67,000	81,000	125,000	119,000	52,000	47,000	45,000	105,044	10,800	7,100	7,600	3,800	3,900	3,800	3,900	700	700	700	2,300	1,900	92,600	12,400	18,000	16,300	19,000	14,700	23,200	21,300	0	0	17,500	0	0	0	12,000	0	0	0
Short Term Investments	0	0	0	0	-1,102,000	0	0	0	-1,393,000	0	0	0	-1,091,000	0	0	0	0	0	0	0	0	0	0	0	-895,000	0	0	0	-871,000	0	0	0	-738,000	0	0	0	-624,000	0	0	0	-486,000	0	0	0	-305,000	0	0	0	0	0	0	0	0	0	0	0	86,502	154,321	12,000	138,661	10,928	0	0	0	0	32,793	165,781	817,574	227,167	631,497	350,251	1,775,000	986,000	0	0	0	32,000	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
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
Total Assets	56,193,000	54,787,000	53,090,000	53,758,000	52,359,000	50,324,000	49,635,000	48,824,000	47,368,000	44,936,000	42,779,000	41,712,000	41,278,000	40,267,000	39,238,000	38,774,000	39,350,000	41,817,000	41,215,000	42,106,000	39,626,000	38,373,000	38,634,000	37,894,000	37,058,000	35,468,000	34,898,000	34,851,000	35,629,000	34,452,000	33,911,000	33,815,000	34,688,000	34,654,000	37,248,000	37,566,000	36,839,000	36,447,000	36,263,000	36,381,000	36,183,000	34,919,000	34,971,000	34,783,000	34,617,000	34,759,000	34,354,000	34,038,000	34,219,000	33,640,000	29,865,000	29,126,000	29,209,000	29,412,000	28,570,000	28,417,000	29,873,000	29,911,000	30,223,000	31,970,251	31,533,511	15,175,644	14,185,834	13,806,193	13,573,344	13,941,171	10,595,112	11,128,921	11,446,878	9,896,055	9,454,545	8,928,000	8,809,000	8,042,000	6,518,000	6,293,000	6,059,000	5,854,000	5,793,000	5,588,000	5,267,000	5,238,000	4,844,000	5,113,000	4,958,000	4,940,000	4,809,000	5,105,000	5,153,000	5,278,000	5,310,000	5,262,000	5,102,000	2,844,171	2,719,600	2,673,400	2,662,100	2,621,300	2,581,700	2,332,500	2,339,700	2,416,700	2,406,100	2,358,300	2,359,100	2,675,500	2,746,900	2,582,900	2,580,100	2,616,100	2,037,500	2,012,300	1,989,600	1,977,600	1,855,500	1,820,100	1,800,600	1,780,800	1,613,400	1,608,900	1,469,100	1,343,100	1,375,400	1,368,300
Total Current Assets	6,465,000	6,749,000	6,638,000	7,357,000	8,293,000	7,512,000	7,662,000	7,656,000	6,103,000	4,845,000	4,056,000	4,032,000	4,000,000	3,775,000	3,408,000	3,516,000	4,495,000	5,418,000	5,734,000	6,797,000	5,317,000	5,042,000	5,504,000	5,073,000	4,778,000	4,667,000	4,095,000	3,691,000	4,762,000	3,889,000	4,007,000	4,123,000	4,805,000	4,415,000	4,384,000	4,562,000	4,917,000	4,779,000	4,937,000	5,149,000	5,770,000	5,220,000	5,698,000	5,970,000	6,573,000	7,235,000	6,753,000	7,010,000	7,389,000	7,354,000	4,246,000	3,496,000	3,306,000	3,789,000	2,816,000	2,862,000	3,676,000	3,606,000	3,264,000	4,079,163	4,099,077	3,053,013	3,057,195	2,791,894	3,005,264	3,676,836	5,688,629	6,215,406	6,895,387	5,770,649	4,926,938	4,386,000	4,267,000	3,654,000	2,299,000	2,045,000	1,811,000	1,401,000	1,205,000	1,065,000	933,000	977,000	866,000	936,000	955,000	972,000	952,000	989,000	1,044,000	1,058,000	1,296,000	1,301,000	1,196,000	287,695	313,400	347,100	351,400	421,700	463,800	282,900	375,800	376,600	416,200	436,100	430,000	437,600	534,600	503,100	539,800	613,200	303,700	283,600	273,900	255,800	162,000	245,200	226,800	262,600	120,700	162,400	347,600	239,500	217,600	252,400
Total Current Liabilities	5,892,000	5,611,000	5,133,000	5,757,000	5,864,000	4,549,000	4,220,000	3,984,000	3,760,000	3,435,000	3,214,000	3,482,000	3,245,000	2,815,000	2,246,000	2,603,000	2,776,000	2,599,000	2,324,000	2,301,000	2,516,000	2,189,000	2,317,000	2,368,000	2,641,000	2,149,000	2,047,000	1,973,000	2,200,000	1,853,000	1,520,000	1,804,000	1,726,000	1,892,000	1,966,000	1,971,000	2,409,000	1,597,000	1,806,000	1,526,000	2,163,000	1,384,000	1,575,000	1,290,000	1,820,000	1,468,000	1,941,000	1,690,000	2,122,000	1,869,000	1,583,000	1,510,000	1,740,000	1,732,000	1,262,000	1,412,000	2,373,000	2,182,000	1,831,000	9,446,615	9,277,562	949,542	1,027,885	903,199	1,349,687	1,736,063	908,608	923,662	1,688,024	1,131,105	1,030,675	838,000	1,115,000	834,000	664,000	654,000	460,000	436,000	396,000	382,000	392,000	410,000	321,000	312,000	320,000	284,000	338,000	373,000	435,000	507,000	411,000	437,000	436,000	222,996	117,800	98,300	101,700	89,300	89,800	100,400	108,100	101,600	104,000	101,400	105,500	102,300	183,200	101,500	109,700	104,200	102,000	92,900	102,600	107,800	85,400	84,200	87,800	79,700	72,300	81,700	81,900	82,600	65,200	57,300
Total Liab	27,901,000	26,464,000	25,465,000	26,278,000	25,848,000	24,179,000	23,342,000	23,853,000	23,595,000	22,684,000	21,560,000	20,698,000	20,570,000	18,761,000	17,640,000	16,689,000	17,276,000	17,601,000	17,260,000	18,087,000	16,608,000	15,907,000	17,261,000	17,076,000	17,533,000	16,343,000	16,274,000	16,641,000	18,028,000	17,640,000	17,333,000	17,187,000	18,051,000	17,595,000	18,201,000	18,540,000	18,003,000	17,563,000	17,513,000	17,398,000	17,372,000	16,213,000	16,539,000	16,165,000	16,640,000	16,706,000	16,214,000	15,832,000	16,326,000	15,933,000	13,007,000	12,786,000	13,033,000	13,480,000	12,951,000	12,943,000	15,292,000	15,790,000	18,393,000	20,603,807	20,529,383	6,017,671	5,674,740	5,541,611	5,762,241	5,953,493	4,057,386	4,184,732	4,897,484	4,106,404	4,169,548	4,088,000	4,426,000	4,093,000	2,906,000	2,849,000	2,838,000	3,032,000	3,043,000	2,961,000	2,738,000	2,790,000	2,407,000	2,614,000	2,408,000	2,380,000	2,294,000	2,532,000	2,562,000	2,683,000	2,531,000	2,453,000	2,400,000	1,171,298	1,057,300	1,014,500	1,008,600	1,015,900	995,500	1,023,200	1,035,600	1,047,500	1,032,800	1,013,300	1,015,200	1,102,100	1,189,900	1,031,600	1,050,500	1,103,800	738,200	724,300	725,400	731,400	764,900	765,800	768,000	765,500	616,700	616,400	492,900	495,000	509,700	497,100
Total Permanent Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Stockholder Equity	26,988,000	27,018,000	26,415,000	26,316,000	25,473,000	25,215,000	25,438,000	24,205,000	23,005,000	21,530,000	20,557,000	20,372,000	20,039,000	20,778,000	20,814,000	21,223,000	21,304,000	23,402,000	23,136,000	23,204,000	22,884,000	22,339,000	21,245,000	20,678,000	19,383,000	18,985,000	18,476,000	18,039,000	17,442,000	16,649,000	16,362,000	16,407,000	16,407,000	16,825,000	18,797,000	18,774,000	18,606,000	18,662,000	18,534,000	18,759,000	18,597,000	18,506,000	18,228,000	18,424,000	17,801,000	17,880,000	17,949,000	18,022,000	17,721,000	17,540,000	16,715,000	16,216,000	16,052,000	15,824,000	15,518,000	15,376,000	14,490,000	14,040,000	11,740,000	11,261,818	10,899,709	9,082,393	8,434,765	8,162,740	7,718,741	7,901,222	6,478,215	6,893,450	6,549,394	5,789,650	5,284,997	4,840,000	4,383,000	3,949,000	3,612,000	3,444,000	3,221,000	2,822,000	2,750,000	2,627,000	2,505,000	2,423,000	2,412,000	2,471,000	2,520,000	2,529,000	2,486,000	2,542,000	2,560,000	2,531,000	1,714,000	1,727,000	1,695,000	1,632,477	1,621,600	1,618,600	1,613,100	1,567,600	1,553,000	1,276,500	1,274,900	1,340,500	1,338,400	1,345,000	1,343,900	1,573,400	1,557,000	1,551,300	1,529,600	1,512,300	1,299,300	1,288,000	1,264,200	1,246,200	1,090,600	1,054,300	1,032,600	1,015,300	996,700	992,500	976,200	848,100	838,100	843,500
Treasury Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
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

Cash Flow

Currency in CAD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31	1993-12-31
Begin Period Cash Flow	1,883,000	1,427,000	450,000	1,026,000	1,734,000	952,000	1,407,000	1,887,000	2,029,000	2,772,000	3,267,000	4,405,000	832,000	1,329,000	850,000	1,408,451	5,054,127	2,098,089	907,000	96,000	91,000	101,000	266,000	199,000	195,600	265,300	381,700	132,300	131,700	253,100	214,800
Capital Expenditures	5,782,000	5,465,000	4,713,000	3,628,000	3,468,000	2,613,000	2,299,000	1,893,000	2,244,000	2,213,000	2,602,000	1,809,000	1,236,000	810,000	590,000	938,562	571,060	488,117	326,000	216,000	162,000	187,000	346,000	211,000	237,400	82,400	202,100	153,900	90,300	154,100	184,900
Cash And Cash Equivalents 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
Cash Flows Other Operating	0	0	0	0	0	0	0	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	-1,139,000	456,000	977,000	-576,000	-708,000	782,000	-455,000	-480,000	-142,000	-743,000	-495,000	-1,138,000	3,573,000	-497,000	479,000	-558,524	-3,645,844	2,955,499	2,177,000	811,000	5,000	-10,000	-165,000	67,000	3,200	-69,700	-116,400	249,400	600	-121,400	38,300
Change In Working Capital	-990,000	-107,000	-874,000	-241,000	-160,000	-29,000	94,000	-360,000	203,000	274,000	235,000	-388,000	-674,000	-62,000	709,000	-1,563,866	-282,054	299,394	-23,000	-27,000	62,000	51,000	-119,000	15,000	23,400	-6,600	-400	-8,900	-14,600	16,000	0
Change Receivables	0	0	0	0	0	0	0	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	-583,000	478,000	-670,000	-294,000	97,000	282,000	-250,000	-480,000	18,000	239,000	199,000	-119,000	-243,000	0	-74,000	-209,000	163,000	-192,000	-167,000	-49,000	-80,000	7,000	50,000	-235,000	19,000	-17,000	0	0	0	0	0
Change To Inventory	-426,000	-421,000	-412,000	100,000	16,000	-338,000	-1,000	-86,000	242,000	133,000	93,000	-220,000	-304,000	-31,000	-112,000	112,919	-94,349	-117,661	-122,000	-29,000	101,000	47,000	-85,000	4,000	5,500	-11,800	8,800	-16,100	800	4,000	0
Change To Liabilities	0	237,000	313,000	55,000	-204,000	53,000	385,000	206,000	-24,012	-67,980	0	0	0	165,496	0	0	99,328	275,324	29,160	45,719	36,237	0	0	30,833	0	0	0	0	0	0	0
Change To Netincome	0	2,961,000	1,225,000	783,000	836,000	-261,000	1,054,000	936,000	476,058	172,102	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	-401,000	-105,000	-102,000	-69,000	-26,000	-145,000	-145,000	-75,689	80,888	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	2,111,000	1,674,000	1,583,000	1,510,000	1,619,000	1,483,000	1,467,000	1,385,000	1,366,000	1,344,000	1,233,000	951,000	911,000	940,000	1,169,000	513,599	332,704	264,445	274,000	275,000	218,000	199,000	226,000	126,000	96,200	96,300	93,800	89,400	79,900	54,700	50,200
Dividends Paid	515,000	532,000	106,000	106,000	111,000	172,000	344,000	58,000	374,000	518,000	521,000	469,000	354,000	207,000	69,000	441,962	426,060	295,899	81,000	60,000	37,000	37,000	35,000	27,000	21,400	19,400	19,400	19,300	18,700	17,900	16,800
End Period Cash Flow	744,000	1,883,000	1,427,000	450,000	1,026,000	1,734,000	952,000	1,407,000	1,887,000	2,029,000	2,772,000	3,267,000	4,405,000	832,000	1,329,000	849,927	1,408,283	5,053,588	3,084,000	907,000	96,000	91,000	101,000	266,000	198,800	195,600	265,300	381,700	132,300	131,700	253,100
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
Free Cash Flow	-2,451,000	2,518,000	25,000	-2,065,000	16,000	1,825,000	2,767,000	1,163,000	-293,000	65,000	276,000	986,000	2,721,000	1,933,000	2,393,000	1,231,180	1,148,078	2,417,288	1,321,000	903,000	238,000	65,000	-47,000	43,000	-104,000	39,000	-62,300	-4,600	50,200	-16,600	-47,400
Investments	-5,219,000	-5,680,000	-106,000	-3,672,000	-3,566,000	-1,605,000	-2,499,000	-1,837,000	595,073	-8,605	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	88,000	234,000	50,000	1,000	10,000	54,000	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
Net Borrowings	0	7,000	1,336,000	2,210,000	-47,000	-1,387,000	-1,929,000	-993,000	-233,853	-49,910	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	2,435,000	4,070,000	2,915,000	-944,000	-588,000	3,145,000	2,538,000	1,041,000	-2,484,000	382,000	1,010,000	870,000	2,768,000	1,975,000	1,750,000	677,513	1,660,542	2,395,154	1,345,000	594,000	149,000	30,000	-21,000	85,000	45,200	-49,100	-175,600	254,800	89,600	69,100	29,200
Other Cashflows From Financing Activities	1,359,000	1,161,000	502,000	2,460,000	1,210,000	-447,000	-551,000	-21,000	-443,000	-23,000	-393,000	2,289,000	-431,000	1,560,000	4,462,000	10,499,029	-627,669	-555,685	1,045,000	-129,000	-78,000	-49,000	477,000	-76,000	134,100	-24,100	9,700	206,300	-66,400	178,100	3,100
Other Cashflows From Investing Activities	0	-129,000	-80,000	-80,000	-778,000	301,000	-861,000	-477,000	477,000	-615,265	166,620	0	0	1,242,728	681,559	0	0	608,972	0	118,869	93,292	17,804	19,472	180,977	0	0	0	0	0	0	0
Other Non Cash Items	4,750,000	-149,000	565,000	483,000	292,000	53,000	462,000	685,000	370,000	319,000	323,000	432,000	952,000	-110,000	-415,000	879,068	70,513	-1,165	-77,000	78,000	-46,000	-6,000	165,000	30,000	100	86,300	222,000	-100	100	-10,800	54,000
Sale Purchase Of Stock	-250,000	-1,392,000	1,239,000	-207,000	-661,000	-189,000	-175,000	996,000	0	-5,000	-176,000	-129,000	-171,000	33,000	1,670,000	6,000	-564,000	16,000	28,000	126,000	24,000	1,000	-20,000	-30,000	147,400	-500	0	0	0	0	0
Stock Based Compensation	-6,585,000	236,000	-1,068,000	947,000	2,201,000	-1,579,000	-933,000	-282,000	3,332,000	14,000	-29,000	832,000	0	0	-415,000	174,842	34,760	-111,836	0	0	0	0	0	0	-16,900	0	0	-285,400	-19,200	0	0
Total Cash From Financing Activities	-155,000	-1,990,000	1,056,000	1,528,000	-537,000	-2,164,000	-2,973,000	-1,635,000	-1,293,000	-985,000	-1,128,000	-1,334,000	851,000	-3,668,000	-2,078,000	10,063,137	-1,040,818	-835,275	992,000	-63,000	-91,000	-85,000	200,000	-133,000	268,600	-44,000	-400	192,800	75,600	165,400	109,400
Total Cash From Operating Activities	3,331,000	7,983,000	4,738,000	1,563,000	3,484,000	4,438,000	5,066,000	3,056,000	1,951,000	2,278,000	2,878,000	2,795,000	3,957,000	2,743,000	2,983,000	2,169,743	1,719,138	2,905,405	1,647,000	1,119,000	400,000	252,000	299,000	254,000	133,400	121,400	139,800	149,300	140,500	137,500	137,500
Total Cashflows From Investing Activities	0	-5,680,000	-4,819,000	-3,672,000	-3,566,000	-1,605,000	-2,482,000	-1,837,000	-1,104,000	-1,912,916	-2,282,783	0	0	475,426	0	0	0	751,351	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
Begin Period Cash Flow	1,343,000	1,773,000	2,265,000	1,883,000	2,638,000	2,702,000	2,465,000	1,427,000	390,000	312,000	369,000	450,000	403,000	336,000	219,000	1,026,000	1,619,000	1,529,000	2,446,000	1,734,000	1,483,000	1,631,000	1,209,000	952,000	889,000	846,000	536,000	1,407,000	1,113,000	1,271,000	1,485,000	1,887,000	1,487,000	1,327,000	1,567,000	2,029,000	1,853,000	2,131,000	2,386,000	2,772,000	2,250,000	2,799,000	2,950,000	3,267,000	3,930,000	3,641,000	3,800,000	4,405,000	4,260,000	1,314,000	1,046,000	832,000	1,177,000	758,000	774,000	1,329,000	1,082,000	750,000	1,632,422	849,616	1,246,540	1,162,223	1,059,562	1,408,291	1,767,862	4,008,502	3,961,024	5,054,197	3,679,446	3,230,340	3,165,000	3,084,000	1,618,000	1,326,000	1,147,000	907,000	429,000	326,000	186,000	96,000	60,000	35,000	32,000	91,000	21,000	69,000	85,000	101,000	74,000	394,000	368,000	266,000	129,478	171,100	200,800	198,800	263,000	317,800	129,700	195,600	204,900	235,800	279,500	265,300	272,300	280,600	345,600	381,700	457,800	151,100	130,900	132,300	106,400	36,500	129,200	131,700	175,100	43,100	83,900	253,100	148,900	137,500	179,600	214,800
Capital Expenditures	1,320,000	1,382,000	1,499,000	1,581,000	1,761,000	1,349,000	1,346,000	1,100,000	1,277,000	1,210,000	1,223,000	1,003,000	1,050,000	699,000	889,000	990,000	1,035,000	983,000	769,000	681,000	839,000	559,000	520,000	657,000	724,000	565,000	502,000	508,000	525,000	464,000	447,000	457,000	708,000	495,000	504,000	537,000	587,000	488,000	534,000	604,000	726,000	646,000	632,000	598,000	608,000	620,000	601,000	319,000	374,000	364,000	272,000	226,000	300,000	202,000	161,000	147,000	214,000	126,000	117,641	132,359	211,503	376,968	218,418	131,674	162,633	138,501	123,477	146,448	157,280	194,752	62,085	74,000	100,000	91,000	73,000	62,000	66,000	68,000	50,000	32,000	49,000	57,000	27,000	29,000	46,000	60,000	41,000	40,000	61,000	96,000	103,000	86,000	110,964	50,636	36,200	13,200	29,600	163,900	23,300	20,600	36,200	67,500	25,400	25,700	18,200	9,400	160,400	14,100	96,400	16,200	19,000	22,300	27,600	20,000	26,900	15,800	6,000	29,600	57,300	61,200	2,600	73,100	61,800	52,600
Cash And Cash Equivalents 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
Cash Flows Other Operating	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-599,000	-430,000	-492,000	382,000	-755,000	-64,000	237,000	1,038,000	1,037,000	78,000	-57,000	-81,000	47,000	67,000	117,000	-807,000	-593,000	90,000	-917,000	712,000	251,000	-148,000	422,000	257,000	63,000	43,000	310,000	-871,000	294,000	-158,000	-214,000	-402,000	400,000	160,000	-240,000	-462,000	176,000	-278,000	-255,000	-386,000	522,000	-549,000	-151,000	-317,000	-663,000	289,000	-159,000	-605,000	145,000	2,946,000	268,000	214,000	-345,000	419,000	-16,000	-555,000	247,000	332,000	-882,422	782,806	-396,613	84,318	102,661	-348,730	-359,580	-2,240,639	47,478	-1,093,173	1,374,142	449,105	65,340	81,000	1,466,000	292,000	179,000	240,000	478,000	103,000	140,000	90,000	36,000	25,000	3,000	-59,000	70,000	-48,000	-16,000	-16,000	27,000	-320,000	26,000	102,000	136,522	-41,622	-29,700	2,000	-64,200	-54,800	188,100	-65,900	-9,300	-30,900	-43,700	14,200	-7,000	-8,300	-65,000	-36,100	-76,100	306,700	20,200	-1,400	25,900	69,900	-92,700	-2,500	-43,400	132,000	-40,800	-169,200	104,200	11,400	-42,100	-35,200
Change In Working Capital	-184,000	-233,000	81,000	-654,000	-154,000	307,000	318,000	-606,000	-53,000	-295,000	-200,000	-326,000	-104,000	-74,000	76,000	-139,000	210,000	189,000	139,000	-698,000	452,000	-186,000	10,000	-304,000	227,000	-418,000	382,000	-97,000	-276,000	54,000	-109,000	-29,000	259,000	258,000	-199,000	-138,000	221,000	62,000	-84,000	75,000	133,000	9,000	106,000	-13,000	74,000	-156,000	91,000	-351,000	-49,000	81,000	-586,000	-120,000	59,000	-88,000	-101,000	68,000	24,000	198,000	-80,251	567,251	-1,230,675	263,186	-322,743	-273,634	250,591	142,170	-385,377	-289,437	335,160	123,743	-69,509	-90,000	72,000	-93,000	-23,000	21,000	25,000	-75,000	37,000	-14,000	64,000	-6,000	28,000	-24,000	129,000	-61,000	-15,000	-2,000	-40,000	-57,000	-10,000	-12,000	-315	-7,785	19,900	3,200	16,500	-3,300	-3,800	14,000	-7,300	-37,200	-22,500	10,200	-10,800	-16,100	-50,200	-28,500	-78,900	307,300	11,000	19,400	23,300	71,400	-84,400	22,000	-43,900	134,500	-32,300	-185,000	108,800	4,500	-42,700	0
Change Receivables	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	0	0	0	0	0	0	0	-670,000	-670,000	-670,000	-670,000	-294,000	-294,000	336,000	48,000	234,000	61,000	190,000	-367,000	92,000	-4,000	161,000	-10,000	343,000	-595,000	270,000	148,000	-560,000	-63,000	-63,000	153,000	-164,000	148,000	-15,000	-48,000	-8,000	5,000	-41,000	240,000	-65,000	-152,000	111,000	159,000	-20,000	-117,000	-25,000	-25,000	195,000	-58,000	-319,000	34,000	127,000	-498,000	61,000	188,000	-83,000	78,000	-332,000	145,000	-15,000	137,000	-137,000	-205,000	164,000	-73,000	-14,000	86,000	-2,000	-2,000	-6,000	-6,000	-107,000	-79,000	-3,000	29,000	-24,000	-46,000	15,000	-1,000	-63,000	-42,000	22,000	3,000	-37,000	9,000	12,000	23,000	-10,000	-29,000	47,000	42,000	-233,000	-14,000	11,000	1,000	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
Change To Inventory	0	0	0	0	0	0	0	0	-412,000	-412,000	-412,000	-412,000	100,000	100,000	-104,000	106,000	123,000	-45,000	-13,000	19,000	-55,000	-15,000	-180,000	-146,000	-61,000	62,000	-36,000	39,000	-14,000	-78,000	-78,000	137,000	213,000	53,000	-72,000	-62,000	83,000	-132,000	39,000	-47,000	61,000	32,000	-28,000	23,000	154,000	-91,000	-159,000	-159,000	16,000	-104,000	-163,000	-16,000	17,000	-56,000	-36,000	76,000	36,000	40,000	-36,000	-76,000	-298,000	-48,000	-26,000	37,000	148,000	-295,000	-64,000	-7,000	-111,000	-111,000	-16,000	-16,000	-123,000	-47,000	-72,000	107,000	-64,000	-18,000	-22,000	-42,000	123,000	-6,000	40,000	-49,000	93,000	-45,000	-7,000	4,000	28,000	-16,000	-29,000	-57,000	-407,000	2,000	-5,000	2,000	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
Change To Liabilities	0	0	0	0	0	0	0	0	313,000	0	0	0	55,000	0	0	0	-204,000	0	0	0	38,862	0	0	0	275,010	0	0	0	153,297	0	0	0	-33,235	0	0	0	-67,980	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	165,496	0	0	0	0	0	0	0	0	0	0	0	99,328	0	0	0	275,324	0	0	0	29,160	0	0	0	45,719	0	0	0	36,237	0	0	0	0	0	0	0	0	0	0	0	30,833	0	0	0	0	0	0	0	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	119,000	119,000	140,000	140,000	1,170,000	440,000	871,000	436,000	488,000	110,000	191,000	465,000	-37,000	32,000	323,000	452,000	39,000	156,000	80,191	14,665	-483,141	65,221	223,805	894,380	243,025	54,763	344,025	696,532	0	0	0	658,912	0	0	0	172,102	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-233,000	-233,000	-654,000	-654,000	307,000	318,000	-606,000	716,000	-295,000	-200,000	-326,000	35,000	-74,000	76,000	-139,000	301,000	189,000	139,000	-296,154	332,893	-145,176	7,584	-235,422	74,930	-334,159	294,639	-72,861	69,951	0	0	0	67,914	0	0	0	80,888	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	597,000	529,000	431,000	423,000	384,000	493,000	452,000	449,000	404,000	431,000	370,000	378,000	406,000	412,000	314,000	378,000	415,000	436,000	395,000	373,000	400,000	380,000	353,000	350,000	373,000	395,000	358,000	341,000	387,000	365,000	324,000	309,000	333,000	331,000	365,000	337,000	341,000	338,000	338,000	327,000	329,000	322,000	289,000	293,000	242,000	249,000	257,000	213,000	222,000	243,000	230,000	216,000	234,000	223,000	244,000	239,000	258,000	275,000	195,832	199,168	170,827	130,071	104,687	108,014	108,119	92,810	67,199	64,576	81,144	69,526	56,776	57,000	71,000	71,000	62,000	70,000	64,000	75,000	73,000	63,000	69,000	60,000	43,000	46,000	59,000	47,000	46,000	47,000	51,000	67,000	52,000	56,000	59,138	19,762	23,700	23,400	23,200	24,400	23,000	25,600	25,100	24,600	23,400	23,200	25,400	25,100	21,500	21,800	22,700	22,600	22,400	21,700	22,100	22,200	19,500	16,100	15,600	13,700	13,700	11,700	12,500	12,900	12,500	12,300
Dividends Paid	64,000	65,000	65,000	321,000	64,000	64,000	67,000	337,000	26,000	27,000	26,000	27,000	26,000	27,000	26,000	27,000	27,000	28,000	28,000	28,000	86,000	29,000	28,000	29,000	257,000	29,000	58,000	43,566	29,000	29,000	29,000	0	29,000	86,000	207,316	259,000	445,745	259,000	242,714	259,000	490,445	259,000	249,595	262,000	22,000	234,000	235,000	235,000	347,161	177,000	21,000	198,000	89,000	118,000	0	0	0	0	0	0	191	220,929	328	221,171	254	210,586	91	215,637	289	214,761	428	81,000	69,468	69,630	81,000	0	41,000	15,054	19,000	0	18,000	14,045	19,000	0	18,000	11,973	19,000	0	18,000	6,996	11,000	0	16,202	2	10,800	0	10,700	0	10,700	0	9,700	0	0	0	9,700	0	0	0	9,700	0	0	0	9,600	0	0	0	8,900	0	0	0	8,400	0	0	0
End Period Cash Flow	744,000	1,343,000	1,773,000	2,265,000	1,883,000	2,638,000	2,702,000	2,465,000	1,427,000	390,000	312,000	369,000	450,000	403,000	336,000	219,000	1,026,000	1,619,000	1,529,000	2,446,000	1,734,000	1,483,000	1,631,000	1,209,000	952,000	889,000	846,000	536,000	1,407,000	1,113,000	1,271,000	1,485,000	1,887,000	1,487,000	1,327,000	1,567,000	2,029,000	1,853,000	2,131,000	2,386,000	2,772,000	2,250,000	2,799,000	2,950,000	3,267,000	3,930,000	3,641,000	3,800,000	4,405,000	4,260,000	1,314,000	1,046,000	832,000	1,177,000	758,000	774,000	1,329,000	1,082,000	750,000	1,632,422	849,927	1,246,540	1,162,223	1,059,562	1,408,283	1,767,862	4,008,502	3,961,024	5,053,588	3,679,446	3,230,340	3,165,000	3,084,000	1,618,000	1,326,000	1,147,000	907,000	429,000	326,000	186,000	96,000	60,000	35,000	32,000	91,000	21,000	69,000	85,000	101,000	74,000	394,000	368,000	266,000	129,478	171,100	200,800	198,800	263,000	317,800	129,700	195,600	204,900	235,800	279,500	265,300	272,300	280,600	345,600	381,700	457,800	151,100	130,900	132,300	106,400	36,500	129,200	131,700	175,100	43,100	83,900	253,100	148,900	137,500	179,600
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
Free Cash Flow	-511,000	-646,000	-369,000	-489,000	-831,000	460,000	1,575,000	1,223,000	821,000	270,000	-648,000	-418,000	-456,000	-309,000	-589,000	-711,000	-253,000	79,000	351,000	-161,000	513,000	323,000	587,000	463,000	740,000	336,000	906,000	785,000	965,000	390,000	-108,000	-84,000	-21,000	65,000	-172,000	-165,000	156,000	66,000	-98,000	-59,000	43,000	10,000	58,000	165,000	188,000	109,000	364,000	325,000	825,000	1,019,000	349,000	528,000	659,000	528,000	413,000	333,000	430,000	639,000	300,815	1,007,185	385,960	496,146	248,261	100,813	397,805	674,822	69,686	5,766	1,024,642	557,174	538,471	297,000	548,000	292,000	234,000	247,000	327,000	194,000	233,000	149,000	166,000	22,000	52,000	-2,000	153,000	-75,000	-10,000	-3,000	-48,000	-78,000	-14,000	93,000	53,151	-37,951	10,600	17,200	27,300	-146,300	-2,300	17,300	74,100	-28,400	-10,900	4,200	18,200	41,800	-124,800	2,500	-48,500	19,900	22,400	1,600	41,400	5,000	2,900	900	16,700	12,500	-29,400	-16,400	34,600	-20,300	-38,100	-23,600
Investments	-1,332,000	-1,378,000	-1,475,000	-572,000	-1,794,000	-9,000	-52,000	-1,130,000	-20,000	-13,000	-40,000	-33,000	-1,097,000	-685,000	-932,000	-958,000	-1,076,000	-1,006,000	-784,000	-700,000	-834,067	824,227	-71,288	3,098	-145,875	-53,561	-14,655	28,544	66,230	0	0	0	823,640	0	0	0	-8,605	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	7,000	7,000	30,000	19,000	32,000	3,000	30,000	169,000	22,000	12,000	10,000	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
Net Borrowings	0	283,000	283,000	152,000	152,000	161,000	-653,000	221,000	227,000	-78,000	687,000	500,000	662,000	499,000	872,000	177,000	-18,000	-37,000	-861,000	368,707	-23,464	-1,041,211	-6,067	-27,879	-1,537,664	-22,384	-294,639	-1,134,981	-738,949	0	0	0	-323,676	0	0	0	-49,910	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	483,000	268,000	469,000	1,201,000	257,000	-222,000	1,686,000	1,558,000	1,523,000	840,000	260,000	292,000	-473,000	25,000	-185,000	-311,000	-911,000	373,000	250,000	644,000	445,000	1,290,000	644,000	766,000	768,000	607,000	583,000	580,000	705,000	229,000	12,000	95,000	-469,000	-2,155,000	68,000	72,000	135,000	85,000	85,000	77,000	243,000	276,000	162,000	329,000	156,000	270,000	370,000	241,000	659,000	839,000	783,000	487,000	397,000	355,000	286,000	937,000	416,000	589,000	515,579	229,421	-600,962	431,742	504,176	342,557	295,144	495,047	480,591	389,760	851,620	495,012	600,522	448,000	510,000	405,000	225,000	205,000	262,000	120,000	116,000	96,000	107,000	19,000	12,000	11,000	15,000	5,000	8,000	2,000	6,000	-105,000	23,000	55,000	42,384	24,516	11,100	7,000	33,700	12,100	-2,400	1,800	-55,400	2,100	3,100	1,100	-222,300	16,400	15,100	15,200	1,900	212,400	19,700	20,800	27,400	22,600	18,100	21,500	25,900	18,400	13,000	11,800	13,600	9,900	3,000	2,700
Other Cashflows From Financing Activities	172,000	343,000	291,000	351,000	358,000	191,000	211,000	406,000	226,000	117,000	150,000	9,000	10,000	1,302,000	2,628,000	-6,000	10,000	259,000	-149,000	1,161,000	-84,000	-9,000	-10,000	-141,000	-102,000	-11,000	-25,000	-189,000	-15,000	-179,000	1,492,000	-210,000	-41,000	-209,000	-14,000	-179,000	-40,000	-162,000	-37,000	-153,000	-35,000	-9,000	-47,000	-9,000	-11,000	1,587,000	-104,000	-144,000	-304,000	1,813,000	-127,000	-34,000	113,000	1,473,000	-10,000	-13,000	-36,000	1,656,000	-1,261,374	-104,626	10,698,092	-98,310	-107,298	7,201	43,613	114,119	-1,719	1,153	-224,269	-132,287	-4,550	-194,000	-16,000	1,109,000	-83,000	-46,000	70,000	-61,000	-78,000	-79,000	-157,000	-37,000	-114,000	214,000	-76,000	38,000	-15,000	-14,000	21,000	24,000	198,000	-25,000	-169,298	100,602	-14,300	-3,800	-7,400	-4,000	278,800	-200	-1,000	-70,000	-33,300	-15,700	400	-27,900	35,800	-8,300	-22,000	232,900	-13,200	-1,000	-8,000	-51,800	-14,000	-1,700	-38,000	129,600	-4,200	81,700	1,200	2,200	1,000	-9,500
Other Cashflows From Investing Activities	0	0	0	-14,000	-14,000	-14,000	0	0	0	0	0	0	0	0	-280,000	-140,000	-778,000	-585,000	-403,000	-84,433	-126,851	-126,444	-132,717	3,098	-540,454	-139,899	14,655	28,544	41,673	49,509	45,648	0	823,640	241,833	8,004	0	-615,265	0	0	0	166,620	0	0	0	0	0	0	0	0	75,231	87,191	3,092	1,242,728	1,025,168	1,013,526	1,061,651	681,559	519,080	236,498	74,544	0	0	0	0	0	0	0	0	608,972	38,541	11,636	91,586	0	0	39,168	21,500	118,869	10,300	8,252	1,527	93,292	0	49,744	1,362	17,804	7,562	10,553	1,877	19,472	0	0	29,090	180,977	0	0	0	0	0	0	0	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	1,107,000	38,000	202,000	-533,000	106,000	1,052,000	-512,000	30,000	40,000	272,000	151,000	102,000	325,000	63,000	174,000	-123,000	89,000	47,000	52,000	104,000	-149,000	133,000	69,000	67,000	127,000	172,000	49,000	114,000	228,000	199,000	138,000	120,000	130,000	53,000	74,000	112,000	84,000	55,000	97,000	70,000	101,000	75,000	68,000	79,000	42,000	127,000	170,000	541,000	367,000	220,000	194,000	171,000	269,000	240,000	145,000	-764,000	-54,000	-297,000	-212,704	243,288	838,616	-37,912	79,392	-1,029	71,507	-994	4,861	0	-47	-2,233	3,650	-65,000	-16,000	-32,000	-10,000	-19,000	-16,000	83,000	6,000	5,000	-25,000	6,000	-3,000	-4,000	3,000	-6,000	-6,000	-3,000	-10,000	117,000	6,000	52,000	53,877	-19,477	-3,500	-100	200	-13,300	4,600	16,300	68,200	12,400	-12,000	5,600	233,300	9,700	-1,000	-20,400	25,200	-198,900	-700	-18,600	15,300	-23,300	-4,900	-20,800	-25,000	9,200	300	20,700	5,000	30,000	8,200	14,000
Sale Purchase Of Stock	-165,000	-34,000	-85,000	0	0	-730,000	-572,000	-90,000	337,000	217,000	558,000	464,000	650,000	0	-207,000	-207,000	-148,000	-180,000	-153,000	-180,000	-131,000	-133,000	-70,000	-58,000	-175,000	-137,000	-87,000	7,000	-113,000	0	0	0	5,780	0	0	0	6,884	0	-5,000	0	0	-150,000	-141,000	-35,000	-123,000	0	-6,000	-6,000	-171,000	1,000	0	3,000	26,000	2,000	1,000	4,000	8,000	1,660,000	2,000	0	1,000	0	3,000	2,000	1,000	-317	-415,607	-161,439	3,000	3,000	6,000	6,000	5,000	7,000	3,000	13,000	14,000	6,000	8,000	98,000	23,000	1,000	0	0	0	0	1,000	0	0	0	0	-20,000	-13,294	-5,606	-1,700	-9,400	-100	3,700	143,800	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
Stock Based Compensation	-1,492,000	-187,000	-389,000	22,000	88,000	33,000	0	0	-501,000	-282,000	-215,000	-70,000	516,000	-55,000	-13,000	543,000	1,304,000	-154,000	164,000	-242,000	-57,000	-1,064,000	-337,000	-166,000	-439,000	-210,000	-294,000	10,000	51,000	-112,000	-73,000	-148,000	656,000	2,840,000	-6,000	-13,000	5,000	11,000	0	11,000	-46,000	-8,000	19,000	6,000	310,000	160,000	7,000	0	0	0	0	0	0	0	0	0	0	0	0	-157,570	136,520	-2,386	-8,669	49,378	-69,582	93,716	0	5,766	-68,246	18,875	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-800	-17,700	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
Total Cash From Financing Activities	-172,000	200,000	-129,000	-164,000	175,000	-679,000	-1,364,000	-122,000	234,000	-187,000	634,000	375,000	566,000	368,000	766,000	-172,000	-279,000	16,000	-1,202,000	928,000	-328,000	-1,501,000	-99,000	-236,000	-531,000	-198,000	-551,000	-1,693,000	-685,000	-573,000	-161,000	-216,000	-476,000	-308,000	-56,000	-453,000	-56,000	-437,000	-66,000	-426,000	-50,000	-423,000	-194,000	-461,000	-848,000	321,000	-117,000	-690,000	-315,000	1,621,000	-159,000	-296,000	-1,121,000	-73,000	-446,000	-2,028,000	-388,000	-324,000	-1,261,374	-104,626	10,698,649	-319,005	-104,595	-211,912	44,345	-202,060	-412,623	-470,480	-217,191	-343,684	-5,400	-269,000	-11,000	1,116,000	-80,000	-33,000	43,000	-55,000	-70,000	19,000	-154,000	-37,000	-114,000	214,000	-94,000	38,000	-15,000	-14,000	3,000	24,000	198,000	-25,000	-198,794	94,994	-16,000	-13,200	-9,700	-300	278,800	-200	-10,700	0	-33,300	0	-6,800	-27,900	36,100	-1,800	-30,700	233,500	-11,000	1,000	-17,300	81,100	13,400	-1,600	-46,500	129,800	-4,100	86,200	115,700	2,200	1,000	-9,500
Total Cash From Operating Activities	809,000	736,000	1,130,000	1,092,000	930,000	1,809,000	2,921,000	2,323,000	2,098,000	1,480,000	575,000	585,000	594,000	390,000	300,000	279,000	782,000	1,062,000	1,120,000	520,000	1,352,000	882,000	1,107,000	1,120,000	1,464,000	901,000	1,408,000	1,293,000	1,490,000	854,000	339,000	373,000	687,000	560,000	332,000	372,000	743,000	554,000	436,000	545,000	769,000	656,000	690,000	763,000	796,000	729,000	965,000	644,000	1,199,000	1,383,000	621,000	754,000	959,000	730,000	574,000	480,000	644,000	765,000	418,456	1,139,544	597,462	873,115	466,679	232,486	560,438	813,323	193,163	152,214	1,181,923	751,927	600,556	371,000	648,000	383,000	307,000	309,000	393,000	262,000	283,000	181,000	215,000	79,000	79,000	27,000	199,000	-15,000	31,000	37,000	13,000	18,000	89,000	179,000	164,115	12,685	46,800	30,400	56,900	17,600	21,000	37,900	37,900	39,100	14,500	29,900	36,400	51,200	35,600	16,600	47,900	36,100	41,400	23,900	69,000	25,000	29,800	16,700	22,700	42,100	27,900	44,800	32,000	52,800	23,700	29,000
Total Cashflows From Investing Activities	0	-1,378,000	-1,378,000	-572,000	-572,000	-1,358,000	-1,398,000	-1,130,000	-1,297,000	-1,223,000	-1,263,000	-1,036,000	-1,097,000	-685,000	-932,000	-958,000	-1,076,000	-1,006,000	-1,484,000	-297,002	-612,260	387,918	-465,645	-505,692	-1,992,029	-505,236	-401,851	-353,038	-1,367,019	0	0	0	-797,630	0	0	0	-1,912,916	0	0	0	-2,282,783	0	0	0	0	0	0	0	0	0	0	0	475,426	618,016	809,694	1,006,500	0	0	0	0	0	0	0	0	0	0	0	0	751,351	496,549	459,184	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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 CAD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31	1993-12-31
Cost Of Revenue	10,134,000	8,745,000	8,400,000	7,615,000	8,594,000	7,943,000	7,419,000	6,904,000	6,980,000	7,071,000	6,956,000	7,277,000	6,637,000	4,844,000	4,940,000	4,009,228	3,300,228	2,714,352	2,135,000	2,029,000	1,887,000	1,805,000	1,751,000	833,000	451,400	501,900	487,600	475,900	457,300	357,300	301,400
Depreciation And Amortization	2,111,000	1,507,000	1,220,000	1,510,000	1,619,000	1,483,000	1,467,000	1,385,000	1,366,000	1,344,000	1,233,000	951,000	911,000	940,000	1,169,000	513,599	332,704	264,445	274,000	275,000	218,000	199,000	226,000	126,000	96,200	96,300	93,800	89,400	79,900	54,700	50,200
Discontinued Operations	0	-772,000	-255,000	-255,000	-255,000	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
Ebit	4,121,000	6,986,000	4,850,000	438,000	2,406,000	3,814,000	4,027,000	1,843,000	537,000	1,003,000	1,929,000	2,686,000	4,569,000	3,221,000	2,498,000	2,009,471	2,813,586	3,383,038	1,679,000	1,041,000	145,000	70,000	377,000	116,000	-20,200	129,700	320,300	-244,300	74,400	69,700	105,000
Ebitda	6,232,000	8,493,000	6,070,000	1,948,000	4,025,000	5,297,000	5,494,000	3,228,000	1,903,000	2,347,000	3,162,000	3,637,000	5,480,000	4,161,000	3,667,000	2,523,069	3,146,291	3,647,484	1,953,000	1,316,000	363,000	269,000	603,000	242,000	76,000	226,000	414,100	-154,900	154,300	124,400	155,200
Effect Of Accounting Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Extraordinary Items	0	0	0	0	0	0	-101,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Gross Profit	4,877,000	8,571,000	5,081,000	1,333,000	3,340,000	4,621,000	4,629,000	2,396,000	1,279,000	1,528,000	2,426,000	3,066,000	4,877,000	4,495,000	2,734,000	2,894,609	3,070,811	3,824,557	2,280,000	1,399,000	523,000	382,000	628,000	373,000	170,700	193,500	200,400	226,400	241,500	184,900	167,600
Income Before Tax	3,942,000	6,565,000	4,532,000	-1,136,000	-468,000	4,510,000	3,976,000	1,628,000	-3,320,000	724,000	1,643,000	1,485,000	4,166,000	2,915,000	2,640,000	1,395,095	2,507,697	3,610,205	1,920,000	899,000	210,000	35,000	35,000	126,000	29,200	-70,300	-254,700	382,200	126,600	103,900	68,200
Income Tax Expense	1,610,000	2,495,000	1,617,000	-192,000	120,000	1,365,000	1,438,000	587,000	-836,000	342,000	633,000	615,000	1,398,000	932,000	695,000	658,086	794,518	1,215,051	575,000	305,000	61,000	5,000	56,000	41,000	-16,000	-21,200	-79,100	127,400	37,000	34,800	39,000
Interest Expense	874,000	20,000	5,000	108,000	88,000	75,000	64,000	224,000	225,000	217,000	253,000	384,000	595,000	565,000	655,000	692,084	404,211	263,281	241,000	119,000	65,000	35,000	342,000	10,000	49,400	200,000	575,000	626,500	52,200	34,200	36,800
Interest Income	112,000	53,000	5,000	10,000	48,000	88,000	17,000	16,000	326,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	101,000	19,000	-47,000	669,000	770,000	134,000	142,000	159,000	120,058	17,210	46,126	59,464	98,068	115,346	65,589	67,390	47,156	28,304	12,864	7,481	0	0	31,407	28,822	0	0	0	0	0	0	0
Net Income	2,409,000	3,317,000	2,868,000	-944,000	-588,000	3,107,000	2,509,000	1,040,000	-2,474,000	362,000	961,000	811,000	2,668,000	1,860,000	1,831,000	659,301	1,614,857	2,431,267	1,345,000	617,000	149,000	30,000	-21,000	85,000	45,200	-49,100	-175,600	254,800	89,600	69,100	29,200
Net Income Applicable To Common Shares	0	3,317,000	2,868,000	-864,000	-605,000	3,107,000	2,460,000	1,040,000	-2,474,000	311,505	904,641	817,376	2,616,456	1,865,597	1,663,498	556,377	1,666,499	2,054,207	1,153,516	493,766	114,880	19,075	0	56,974	0	0	0	0	0	0	0
Net Income From Continuing Ops	2,334,000	4,070,000	2,915,000	-944,000	-588,000	3,145,000	2,538,000	1,041,000	-1,296,632	328,715	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Interest Income	18,000	-65,000	-59,000	-154,000	-154,000	-151,000	-148,000	-299,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Operating Income Net Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Recurring	0	0	0	0	0	0	0	0	0	8,605	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Operating Income	4,121,000	6,986,000	4,850,000	438,000	2,406,000	4,784,000	4,333,000	1,725,000	-2,918,000	1,048,000	1,977,000	2,785,000	4,456,000	2,619,000	2,506,000	1,395,095	2,738,107	3,561,277	1,560,000	725,000	-16,000	77,000	101,000	171,000	-11,900	-41,400	-267,600	373,200	116,000	93,000	89,200
Other Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Operating Expenses	10,890,000	10,425,000	8,934,000	8,519,000	9,485,000	8,671,000	7,960,000	7,400,000	7,693,000	7,576,000	7,445,000	7,656,000	7,058,000	6,124,000	5,176,000	5,508,742	3,632,933	2,977,633	2,581,000	2,428,000	2,208,000	2,110,000	2,109,000	1,035,000	592,500	642,800	634,100	616,400	582,800	449,200	379,800
Preferred Stock And Other Adjustments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Reconciled Depreciation	1,931,000	1,674,000	1,583,000	1,510,000	1,619,000	1,483,000	1,467,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Research Development	164,000	157,000	129,000	97,000	67,000	35,000	55,000	30,000	47,000	20,000	18,000	19,000	122,000	21,000	15,000	158,000	137,000	89,000	83,000	56,000	44,000	53,000	74,000	40,000	27,000	30,000	0	0	0	0	0
Selling And Marketing Expenses	0	0	0	0	0	0	0	0	0	0	0	0	271,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Selling General Administrative	424,000	472,000	299,000	179,000	165,000	201,000	241,000	270,000	121,000	131,000	151,000	170,000	146,000	263,000	188,000	89,000	109,000	96,000	89,000	68,000	75,000	53,000	58,000	36,000	18,000	15,000	14,000	15,200	12,100	10,300	8,800
Tax Provision	1,610,000	2,495,000	1,617,000	-192,000	120,000	1,365,000	1,438,000	587,000	-836,000	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	756,000	1,680,000	534,000	904,000	891,000	728,000	541,000	496,000	713,000	505,000	489,000	379,000	421,000	1,280,000	236,000	1,499,514	332,704	263,281	446,000	399,000	321,000	305,000	358,000	202,000	141,100	140,900	146,500	140,500	125,500	91,900	78,400
Total Other Income Expense Net	-179,000	-421,000	-318,000	-1,574,000	-2,874,000	768,000	19,000	11,000	-3,634,000	-69,000	-37,000	-928,000	192,000	259,000	797,000	-592,521	-80,445	178,239	155,000	-41,000	72,000	24,000	-108,000	55,000	49,800	-77,100	-266,400	330,200	41,600	23,300	-15,800
Total Revenue	15,011,000	17,316,000	13,481,000	8,948,000	11,934,000	12,564,000	12,048,000	9,300,000	8,259,000	8,599,000	9,382,000	10,343,000	11,514,000	9,339,000	7,674,000	6,903,837	6,371,040	6,538,910	4,415,000	3,428,000	2,410,000	2,187,000	2,379,000	1,206,000	622,100	695,400	688,000	702,300	698,800	542,200	469,000

	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
Cost Of Revenue	2,956,000	2,768,000	2,109,000	2,119,000	1,986,000	2,788,000	2,499,000	2,464,000	2,330,000	2,308,000	1,869,000	1,893,000	2,055,000	2,000,000	1,581,000	1,979,000	2,195,000	2,248,000	2,087,000	2,064,000	2,236,000	2,200,000	1,775,000	1,732,000	1,923,000	2,037,000	1,752,000	1,707,000	1,980,000	1,853,000	1,528,000	1,543,000	1,854,000	1,762,000	1,688,000	1,676,000	1,840,000	1,838,000	1,714,000	1,679,000	1,830,000	1,927,000	1,570,000	1,629,000	2,011,000	1,811,000	1,826,000	1,629,000	1,760,000	1,809,000	1,599,000	1,469,000	1,605,000	1,515,000	1,125,000	1,056,000	1,390,000	1,437,000	866,000	873,566	1,291,536	982,542	886,424	848,678	969,909	945,046	729,012	656,135	839,981	687,381	594,534	592,000	572,000	519,000	513,000	529,000	444,000	569,000	533,000	476,000	555,000	460,000	419,000	476,000	506,000	453,000	426,000	420,000	445,000	451,000	434,000	432,000	473,643	133,419	106,900	119,100	125,100	107,000	97,700	120,200	125,900	131,700	124,400	119,900	119,900	141,600	107,100	119,000	112,400	123,700	123,200	116,500	120,200	119,300	119,500	98,300	97,500	87,700	86,700	85,300	94,500	86,700	66,900	53,200
Depreciation And Amortization	597,000	529,000	431,000	134,000	280,000	493,000	435,000	373,000	404,000	431,000	370,000	378,000	406,000	412,000	314,000	378,000	415,000	436,000	395,000	373,000	400,000	380,000	353,000	350,000	373,000	395,000	358,000	341,000	387,000	365,000	324,000	309,000	333,000	331,000	365,000	337,000	341,000	338,000	338,000	327,000	329,000	322,000	289,000	293,000	242,000	249,000	257,000	213,000	222,000	243,000	230,000	216,000	234,000	223,000	244,000	239,000	258,000	275,000	195,832	199,168	170,827	130,071	104,687	108,014	108,119	92,810	67,199	64,576	81,144	69,526	56,776	57,000	71,000	71,000	62,000	70,000	64,000	75,000	73,000	63,000	69,000	60,000	43,000	46,000	59,000	47,000	46,000	47,000	51,000	67,000	52,000	56,000	59,138	19,762	23,700	23,400	23,200	24,400	23,000	25,600	25,100	24,600	23,400	23,200	25,400	25,100	21,500	21,800	22,700	22,600	22,400	21,700	22,100	22,200	19,500	16,100	15,600	13,700	13,700	11,700	12,500	12,900	12,500	12,300
Discontinued Operations	0	0	0	-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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	836,000	561,000	967,000	1,855,000	181,000	1,263,000	2,812,000	2,579,000	1,969,000	1,467,000	449,000	531,000	70,000	99,000	-39,000	308,000	188,000	548,000	804,000	914,000	795,000	772,000	1,059,000	1,211,000	1,037,000	970,000	957,000	1,055,000	1,418,000	297,000	57,000	61,000	74,000	59,000	205,000	196,000	246,000	305,000	207,000	245,000	414,000	485,000	403,000	600,000	596,000	704,000	588,000	972,000	972,000	1,392,000	1,169,000	857,000	487,000	912,000	708,000	518,000	759,000	625,000	576,168	775,243	73,128	598,254	857,047	631,622	834,057	831,367	759,581	636,531	1,310,835	799,151	804,351	468,000	602,000	446,000	363,000	270,000	317,000	384,000	185,000	153,000	67,000	38,000	11,000	29,000	-44,000	35,000	18,000	9,000	-27,000	219,000	53,000	132,000	142,939	-17,665	-6,900	10,200	-12,000	-11,400	-500	3,700	93,900	20,300	8,500	7,300	321,100	-8,000	3,900	3,100	26,000	-296,500	7,600	13,100	16,500	21,500	22,200	14,200	3,700	21,600	23,100	21,700	23,000	31,200	24,100	26,800
Ebitda	1,433,000	1,090,000	1,398,000	1,989,000	461,000	1,756,000	3,247,000	2,952,000	2,373,000	1,898,000	819,000	909,000	476,000	511,000	275,000	686,000	603,000	984,000	1,199,000	1,287,000	1,195,000	1,152,000	1,412,000	1,561,000	1,410,000	1,365,000	1,315,000	1,396,000	1,805,000	662,000	381,000	370,000	407,000	390,000	570,000	533,000	587,000	643,000	545,000	572,000	743,000	807,000	692,000	893,000	838,000	953,000	845,000	1,185,000	1,194,000	1,635,000	1,399,000	1,073,000	721,000	1,135,000	952,000	757,000	1,017,000	900,000	772,000	974,411	243,955	728,325	961,734	739,636	942,177	924,178	826,780	701,107	1,391,979	868,676	861,127	525,000	673,000	517,000	425,000	340,000	381,000	459,000	258,000	216,000	136,000	98,000	54,000	75,000	15,000	82,000	64,000	56,000	24,000	286,000	105,000	188,000	202,077	2,097	16,800	33,600	11,200	13,000	22,500	29,300	119,000	44,900	31,900	30,500	346,500	17,100	25,400	24,900	48,700	-273,900	30,000	34,800	38,600	43,700	41,700	30,300	19,300	35,300	36,800	33,400	35,500	44,100	36,600	39,100
Effect Of Accounting Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
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
Gross Profit	1,152,000	831,000	1,410,000	1,666,000	1,154,000	1,881,000	3,288,000	2,568,000	2,076,000	1,662,000	689,000	654,000	505,000	291,000	139,000	398,000	460,000	787,000	1,051,000	1,042,000	1,011,000	1,009,000	1,241,000	1,360,000	1,284,000	1,092,000	1,066,000	1,187,000	1,577,000	452,000	212,000	155,000	281,000	339,000	311,000	348,000	416,000	412,000	295,000	405,000	546,000	597,000	582,000	701,000	719,000	694,000	735,000	918,000	1,212,000	1,571,000	1,197,000	897,000	1,204,000	1,005,000	985,000	844,000	777,000	694,000	841,000	834,489	371,722	817,543	983,106	722,148	568,575	986,783	832,094	683,810	1,248,275	944,451	951,478	681,000	771,000	631,000	481,000	399,000	449,000	409,000	302,000	246,000	212,000	130,000	83,000	98,000	119,000	87,000	95,000	81,000	82,000	147,000	148,000	240,000	242,551	43,201	44,000	49,600	45,400	42,100	39,700	43,400	48,800	53,800	46,600	44,300	46,900	51,900	51,600	49,900	58,800	50,900	56,100	58,000	68,000	63,400	58,800	51,300	48,400	50,600	46,100	40,000	43,400	47,600	37,600	39,100
Income Before Tax	692,000	589,000	805,000	1,856,000	594,000	-76,000	2,663,000	2,450,000	2,208,000	1,354,000	469,000	501,000	-549,000	44,000	-251,000	-380,000	-1,236,000	544,000	370,000	983,000	706,000	1,619,000	1,012,000	1,173,000	1,176,000	962,000	913,000	925,000	1,100,000	348,000	59,000	121,000	-691,000	-2,922,000	158,000	135,000	167,000	236,000	151,000	170,000	377,000	420,000	314,000	532,000	222,000	377,000	429,000	457,000	970,000	1,309,000	1,149,000	738,000	710,000	578,000	486,000	1,141,000	689,000	842,000	726,000	381,949	-579,570	630,189	810,096	534,924	374,138	788,035	731,137	598,478	1,226,166	815,916	886,782	681,000	670,000	545,000	386,000	319,000	355,000	209,000	190,000	145,000	154,000	32,000	9,000	15,000	18,000	7,000	13,000	-7,000	3,000	-129,000	48,000	113,000	79,906	25,235	10,900	10,000	21,700	11,400	-3,800	100	-87,400	7,600	6,600	2,900	-315,800	19,200	21,000	20,800	4,400	320,600	28,200	29,000	35,500	33,000	27,600	30,400	31,300	28,700	23,100	20,700	21,600	20,900	12,600	13,100
Income Tax Expense	298,000	321,000	336,000	655,000	480,000	146,000	977,000	892,000	685,000	514,000	209,000	209,000	-76,000	19,000	-66,000	-69,000	-325,000	171,000	120,000	339,000	261,000	329,000	368,000	407,000	408,000	355,000	330,000	345,000	395,000	119,000	47,000	26,000	-222,000	-767,000	90,000	63,000	32,000	151,000	66,000	93,000	134,000	144,000	152,000	203,000	66,000	186,000	147,000	216,000	311,000	470,000	366,000	251,000	309,000	222,000	198,000	203,000	199,000	180,000	175,000	141,182	-77,489	233,128	328,720	173,850	25,363	293,153	250,797	208,718	374,546	320,778	286,670	233,000	160,000	140,000	161,000	114,000	93,000	89,000	74,000	49,000	47,000	13,000	-3,000	4,000	3,000	2,000	5,000	-5,000	-3,000	-24,000	25,000	58,000	37,522	633	-200	3,000	-12,000	-700	-1,500	-1,700	-32,000	5,500	3,500	1,800	-93,500	2,900	5,900	5,600	2,500	108,200	8,500	8,200	8,100	10,400	9,500	8,900	5,400	10,300	10,100	8,900	8,000	11,000	9,600	10,400
Interest Expense	245,000	214,000	221,000	229,000	20,000	17,000	143,000	11,000	1,000	1,000	2,000	1,000	2,000	24,000	76,000	6,000	6,000	16,000	38,000	28,000	21,000	39,000	11,000	4,000	3,000	7,000	19,000	41,000	45,000	59,000	53,000	63,000	56,000	58,000	54,000	57,000	57,000	57,000	53,000	50,000	55,000	64,000	68,000	66,000	69,000	143,000	151,000	165,000	169,000	160,000	135,000	131,000	140,000	132,000	142,000	161,000	209,000	175,000	164,000	392,033	757,019	58,548	31,685	113,157	529,422	48,301	23,130	68,035	70,910	25,707	95,817	213,000	68,000	99,000	23,000	49,000	61,000	175,000	5,000	8,000	87,000	6,000	2,000	14,000	62,000	28,000	5,000	12,000	30,000	348,000	5,000	19,000	63,033	42,900	17,800	200	33,700	22,800	3,300	3,600	181,300	12,700	1,900	4,400	636,900	27,200	17,100	17,700	21,600	617,100	20,600	15,900	19,000	11,500	5,400	16,200	27,600	7,100	0	1,000	1,400	10,300	11,500	13,700
Interest Income	21,000	32,000	28,000	31,000	29,000	16,000	6,000	2,000	1,000	2,000	1,000	1,000	1,000	2,000	80,000	5,000	7,000	9,000	20,000	12,000	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
Minority Interest	87,000	8,000	41,000	-35,000	-10,000	27,000	-11,000	13,000	-36,000	-24,000	662,000	642,000	669,000	728,000	784,000	862,000	770,000	814,000	819,000	345,795	98,255	99,126	97,073	5,421	6,377	5,596	4,628	6,009	5,953	0	-774	769	166,173	-3,755	4,002	3,153	5,163	893	4,686	7,240	10,355	8,729	18,100	9,835	17,134	14,252	15,734	25,232	21,575	23,807	28,026	26,799	36,108	23,321	24,422	28,560	24,715	17,770	11,180	8,723	48,488	21,606	31,339	26,313	19,063	18,154	4,733	4,322	4,289	3,585	3,580	5,136	3,431	3,438	3,264	2,481	7,481	0	0	0	0	0	0	0	0	0	0	0	628	636	3,963	26,560	27,548	-437	445	1,019	0	0	0	0	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	483,000	276,000	510,000	1,140,000	266,000	-195,000	1,675,000	1,571,000	1,487,000	816,000	260,000	305,000	-464,000	61,000	-149,000	-312,000	-891,000	369,000	231,000	630,000	433,000	1,281,000	634,000	759,000	760,000	600,000	577,000	572,000	697,000	234,000	15,000	94,000	-459,000	-2,146,000	63,000	68,000	129,000	84,000	80,000	69,000	232,000	267,000	143,000	319,000	145,000	180,000	268,000	218,000	637,000	814,000	756,000	461,000	361,000	331,000	260,000	908,000	411,000	609,000	570,000	242,027	-606,401	423,675	496,642	344,615	279,272	489,914	485,654	359,779	865,379	504,080	613,497	448,000	510,000	405,000	225,000	205,000	285,000	120,000	116,000	96,000	107,000	19,000	12,000	11,000	15,000	5,000	8,000	2,000	6,000	-105,000	23,000	55,000	42,384	24,602	11,100	7,000	33,700	12,100	-2,300	1,800	-55,400	2,100	3,100	1,100	-222,300	16,300	15,100	15,200	1,900	212,400	19,700	20,800	27,400	22,600	18,100	21,500	25,900	18,400	13,000	11,800	13,600	9,900	3,000	2,700
Net Income Applicable To Common Shares	0	276,000	276,000	1,140,000	1,140,000	-195,000	1,675,000	1,571,000	1,487,000	816,000	260,000	305,000	-464,000	61,000	-149,000	-312,000	-1,835,000	369,000	231,000	267,302	317,495	999,844	480,813	587,780	605,819	466,864	447,358	417,637	518,678	178,231	11,605	72,274	-1,787,443	-47,315	50,428	53,594	111,006	75,007	74,970	62,443	218,394	258,972	136,229	313,729	201,572	260,613	348,117	260,396	624,694	775,164	784,721	475,160	362,086	321,640	244,223	894,229	395,437	545,267	449,776	180,809	205,457	401,127	492,606	332,326	296,980	499,244	454,373	337,137	730,766	443,668	537,057	383,463	437,393	348,148	183,599	169,520	225,270	91,910	84,771	71,772	77,872	7,392	6,682	3,406	9,538	3,151	5,276	1,251	3,769	-14,628	15,192	34,782	28,409	16,297	7,465	4,805	0	0	0	0	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	396,000	268,000	469,000	1,201,000	1,048,000	-222,000	1,686,000	1,558,000	1,523,000	840,000	260,000	292,000	-473,000	25,000	-185,000	-311,000	-1,855,000	373,000	250,000	644,000	326,294	1,006,869	488,397	593,201	2,006,377	478,056	-892,403	435,664	774,669	0	0	0	-1,794,668	0	0	0	328,715	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-5,000	6,000	4,000	13,000	-27,000	-17,000	-46,000	-11,000	-14,000	-15,000	-16,000	-14,000	-14,000	-35,000	-87,000	-18,000	-65,000	-27,000	-34,000	-28,000	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
Non Operating Income Net Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Recurring	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-103,627	0	0	0	162,971	0	0	0	1,888,592	0	0	0	8,605	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	836,000	561,000	1,055,000	1,855,000	552,000	1,304,000	2,812,000	2,579,000	2,203,000	1,505,000	539,000	603,000	-498,000	111,000	-172,000	-351,000	-1,197,000	601,000	613,000	962,000	804,000	1,682,000	1,074,000	1,224,000	1,239,000	977,000	972,000	1,145,000	1,158,000	303,000	146,000	118,000	-590,000	-2,802,000	238,000	236,000	254,000	330,000	212,000	252,000	407,000	500,000	437,000	633,000	611,000	677,000	556,000	941,000	1,024,000	1,363,000	1,237,000	832,000	949,000	779,000	566,000	518,000	759,000	449,000	403,000	636,581	-244,250	491,803	879,300	614,134	873,852	727,417	764,081	620,387	1,477,897	751,090	799,777	531,000	580,000	431,000	316,000	231,000	130,000	241,000	196,000	93,000	-104,000	45,000	16,000	27,000	-46,000	40,000	21,000	10,000	-171,000	56,000	62,000	154,000	141,154	9,589	8,000	16,500	-29,700	5,800	4,000	8,000	-84,600	19,800	13,100	10,500	-313,500	11,400	17,300	16,900	4,400	319,200	21,700	25,000	30,200	31,700	29,200	24,900	20,300	27,500	23,900	21,700	23,000	26,800	18,900	20,600
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
Other Operating Expenses	3,272,000	3,039,000	2,476,000	2,225,000	1,591,000	3,365,000	2,968,000	2,525,000	2,420,000	2,485,000	2,074,000	1,955,000	2,481,000	2,179,000	1,792,000	2,067,000	2,455,000	2,474,000	2,364,000	2,192,000	2,430,000	2,427,000	1,942,000	1,872,000	2,151,000	2,148,000	1,845,000	1,824,000	2,117,000	1,995,000	1,669,000	1,625,000	2,051,000	2,038,000	1,786,000	1,820,000	2,003,000	1,942,000	1,797,000	1,834,000	1,965,000	2,033,000	1,748,000	1,726,000	2,144,000	1,828,000	2,005,000	1,606,000	2,030,000	2,015,000	1,655,000	1,534,000	1,721,000	1,609,000	1,402,000	1,382,000	1,409,000	1,507,000	1,140,000	1,046,262	2,250,279	1,177,347	990,230	953,606	889,218	1,111,994	797,024	711,485	792,543	812,563	688,232	685,000	692,000	648,000	614,000	627,000	552,000	673,000	639,000	566,000	653,000	545,000	486,000	547,000	671,000	500,000	500,000	491,000	529,000	542,000	520,000	518,000	575,040	167,031	142,900	152,200	158,700	143,300	133,400	155,600	165,300	165,700	157,900	153,700	158,800	182,100	141,400	152,000	151,000	158,500	157,600	149,500	158,000	151,000	149,100	124,700	125,600	110,800	108,900	103,600	114,900	107,500	85,600	71,700
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
Reconciled Depreciation	548,000	529,000	431,000	423,000	280,000	493,000	452,000	449,000	404,000	431,000	370,000	378,000	406,000	412,000	314,000	378,000	415,000	436,000	395,000	373,000	400,000	380,000	353,000	350,000	373,000	395,000	358,000	341,000	387,000	365,000	324,000	309,000	333,000	331,000	365,000	337,000	341,000	338,000	338,000	327,000	329,000	322,000	289,000	293,000	242,000	249,000	257,000	213,000	222,000	243,000	230,000	216,000	234,000	223,000	244,000	239,000	258,000	275,000	195,832	199,168	170,827	130,071	104,687	108,014	108,119	92,810	67,199	64,576	81,144	69,526	56,776	57,000	71,000	71,000	62,000	70,000	64,000	75,000	73,000	63,000	69,000	60,000	43,000	46,000	59,000	47,000	46,000	47,000	51,000	67,000	52,000	56,000	59,138	19,762	23,700	23,400	23,200	24,400	23,000	25,600	25,100	24,600	23,400	23,200	25,400	25,100	21,500	21,800	22,700	22,600	22,400	21,700	22,100	22,200	19,500	16,100	15,600	13,700	13,700	11,700	12,500	12,900	12,500	12,300
Research Development	36,000	50,000	40,000	38,000	44,000	40,000	34,000	39,000	31,000	41,000	32,000	25,000	46,000	15,000	14,000	22,000	22,000	24,000	11,000	10,000	10,000	9,000	8,000	8,000	15,000	15,000	13,000	12,000	7,000	6,000	6,000	11,000	11,000	16,000	13,000	7,000	5,000	5,000	4,000	6,000	8,000	4,000	4,000	2,000	5,000	41,000	38,000	29,000	69,000	39,000	24,000	7,000	29,000	15,000	18,000	17,000	30,000	16,000	12,000	17,000	45,000	50,000	34,000	27,000	37,000	7,000	33,000	26,000	29,000	28,000	20,000	12,000	22,000	34,000	18,000	9,000	17,000	16,000	15,000	8,000	10,000	13,000	10,000	11,000	15,000	14,000	14,000	10,000	16,000	23,000	19,000	16,000	22,000	7,000	6,000	5,000	6,300	7,500	7,800	5,300	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
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	0	0	0	0	0	0	0	6,750	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
Selling General Administrative	98,000	99,000	138,000	89,000	170,000	87,000	55,000	160,000	102,000	74,000	68,000	55,000	80,000	51,000	47,000	1,000	49,000	8,000	52,000	56,000	52,000	35,000	56,000	58,000	101,000	75,000	9,000	56,000	77,000	78,000	63,000	52,000	36,000	24,000	22,000	39,000	32,000	25,000	42,000	32,000	40,000	49,000	32,000	30,000	64,000	37,000	35,000	34,000	62,000	15,000	42,000	15,000	104,000	74,000	13,000	70,000	51,000	57,000	49,000	31,000	5,000	15,000	41,000	30,000	20,000	33,000	34,000	22,000	33,000	28,000	16,000	24,000	23,000	21,000	15,000	15,000	17,000	17,000	17,000	17,000	13,000	11,000	14,000	17,000	14,000	11,000	14,000	14,000	17,000	12,000	15,000	14,000	19,000	6,000	6,000	5,000	4,200	4,400	4,900	4,500	4,000	3,600	4,400	2,600	3,000	3,000	4,300	3,700	5,600	3,400	3,200	3,100	4,600	2,500	2,600	2,400	4,000	2,200	2,100	1,900	2,000	2,200	2,200	2,400
Tax Provision	298,000	321,000	336,000	655,000	480,000	146,000	977,000	892,000	685,000	514,000	209,000	209,000	-76,000	19,000	-66,000	-69,000	-510,000	171,000	120,000	339,000	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
Total Operating Expenses	316,000	271,000	367,000	106,000	602,000	577,000	469,000	61,000	90,000	177,000	205,000	62,000	426,000	179,000	211,000	88,000	260,000	226,000	277,000	128,000	194,000	227,000	167,000	140,000	228,000	111,000	93,000	117,000	137,000	142,000	141,000	82,000	197,000	276,000	98,000	144,000	163,000	104,000	83,000	155,000	135,000	106,000	178,000	97,000	133,000	17,000	179,000	-23,000	270,000	206,000	56,000	65,000	116,000	94,000	277,000	326,000	19,000	70,000	274,000	172,696	958,744	194,805	103,806	104,927	-80,691	166,948	68,013	55,351	-47,438	125,182	93,698	93,000	120,000	129,000	101,000	98,000	108,000	104,000	106,000	90,000	98,000	85,000	67,000	71,000	165,000	47,000	74,000	71,000	84,000	91,000	86,000	86,000	101,397	33,612	36,000	33,100	33,600	36,300	35,700	35,400	39,400	34,000	33,500	33,800	38,900	40,500	34,300	33,000	38,600	34,800	34,400	33,000	37,800	31,700	29,600	26,400	28,100	23,100	22,200	18,300	20,400	20,800	18,700	18,500
Total Other Income Expense Net	-144,000	23,000	-242,000	1,000	1,347,000	-1,339,000	-149,000	-129,000	236,000	-116,000	1,000	-77,000	-614,000	-33,000	-92,000	-672,000	-1,419,000	10,000	-370,000	97,000	-68,000	885,000	-38,000	-34,000	137,000	3,000	-22,000	-88,000	-274,000	110,000	57,000	124,000	-710,000	-2,923,000	7,000	-6,000	-24,000	-12,000	-4,000	-28,000	18,000	-3,000	-22,000	-3,000	-333,000	-184,000	-9,000	-350,000	162,000	77,000	117,000	12,000	363,000	-202,000	-80,000	784,000	139,000	392,000	323,000	-74,373	-760,713	81,967	77,346	-5,144	-189,756	-10,931	5,313	-8,072	-15,122	20,118	53,542	120,000	49,000	56,000	19,000	31,000	24,000	-79,000	11,000	5,000	52,000	7,000	9,000	4,000	4,000	7,000	8,000	5,000	24,000	-163,000	9,000	22,000	-1,785	29,225	14,900	6,300	23,800	17,200	4,500	4,300	-84,500	-500	4,600	3,200	-313,100	19,500	13,400	13,800	-5,800	312,600	14,200	11,900	13,700	10,200	7,000	10,700	16,600	5,900	800	-1,000	-1,400	-4,400	-5,200	-6,200
Total Revenue	4,108,000	3,599,000	3,519,000	3,785,000	3,140,000	4,669,000	5,787,000	5,032,000	4,406,000	3,970,000	2,558,000	2,547,000	2,560,000	2,291,000	1,720,000	2,377,000	2,655,000	3,035,000	3,138,000	3,106,000	3,247,000	3,209,000	3,016,000	3,092,000	3,207,000	3,129,000	2,818,000	2,894,000	3,557,000	2,305,000	1,740,000	1,698,000	2,135,000	2,101,000	1,999,000	2,024,000	2,256,000	2,250,000	2,009,000	2,084,000	2,376,000	2,524,000	2,152,000	2,330,000	2,730,000	2,505,000	2,561,000	2,547,000	2,972,000	3,380,000	2,796,000	2,366,000	2,809,000	2,520,000	2,110,000	1,900,000	2,167,000	2,131,000	1,707,000	1,708,055	1,663,258	1,800,085	1,869,530	1,570,826	1,538,485	1,931,829	1,561,105	1,339,945	2,088,256	1,631,832	1,546,012	1,273,000	1,343,000	1,150,000	994,000	928,000	893,000	978,000	835,000	722,000	767,000	590,000	502,000	574,000	625,000	540,000	521,000	501,000	527,000	598,000	582,000	672,000	716,194	176,620	150,900	168,700	170,500	149,100	137,400	163,600	174,700	185,500	171,000	164,200	166,800	193,500	158,700	168,900	171,200	174,600	179,300	174,500	188,200	182,700	178,300	149,600	145,900	138,300	132,800	125,300	137,900	134,300	104,500	92,300

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

Gross Profit (+$)
totalRevenue	15,011,000
Cost of Revenue	-10,134,000
Gross Profit	4,877,000	4,877,000

Operating Income (+$)
Gross Profit	4,877,000
Operating Expense	-756,000
Operating Income	4,121,000	4,121,000

Operating Expense (+$)
Research Development	164,000
Selling General Administrative	424,000
Selling And Marketing Expenses	0
Operating Expense	756,000	588,000

Net Interest Income (+$)
Interest Income	112,000
Interest Expense	-874,000
Other Finance Cost	-780,000
Net Interest Income	18,000

Pretax Income (+$)
Operating Income	4,121,000
Net Interest Income	18,000
Other Non-Operating Income Expenses	0
Income Before Tax (EBT)	3,942,000	4,300,000 EBIT - interestExpense = 3,247,000 4,019,000 3,283,000
Interest Expense	874,000
Earnings Before Interest and Taxes (EBIT)	4,121,000	4,816,000
Earnings Before Interest and Taxes (EBITDA)	6,232,000

After tax Income (+$)
Income Before Tax	3,942,000
Tax Provision	-1,610,000
Net Income From Continuing Ops	2,334,000	2,332,000
Net Income	2,409,000
Net Income Applicable To Common Shares	0

Non-recurring Events
Discontinued Operations	0
Extraordinary Items	0
Effect of Accounting Charges	0
Other Items	0
Non Recurring	0
Other Operating Expenses	10,890,000
Total Other Income/Expenses Net	-179,000	-18,000

Technical Analysis of Teck
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 Teck. The general trend of Teck 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 Teck'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 Teck Resources Ltd Class B.

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

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

The bullish price targets are: 50.46.

The bearish price targets are: 43.02 > 42.90 > 42.53.

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Teck Resources Ltd Class B 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 Teck Resources Ltd Class B. 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 below the MA 20. -1
MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
MA 50 trending up: The MA 50 is trending up. +1
Close > MA 50: The price is above the MA 50. +1
MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
MA 100 trending up: The MA 100 is trending up. +1
Close > MA 100: The price is above the MA 100. +1
MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
MA 200 trending up: The MA 200 is trending up. +1
Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

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

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

Shows the moving average of the selected period.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

There are various kinds of moving averages:

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

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

Simple moving average

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

Source: Tradingview.com

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

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

Exponential moving average

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

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

Where:

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

Smoothed moving average

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

Linear weighted moving average

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

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

Where:

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

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

Source: Tradingview.com

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

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

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

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

Teck Resources Ltd Class B 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 Teck Resources Ltd Class B. The current macd is 1.10912132.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-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 Teck price going down in the near term. -2
MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Teck. 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 Teck 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 down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1

Teck Resources Ltd Class B 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 Teck Resources Ltd Class B. The current adx is 44.99.

The long score for the Directional Movement Index (DMI) is 3/7.
The longshort score for the Directional Movement Index (DMI) is 3/(-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 Teck shares, leading to potential upward momentum in its price. +1
PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2

Teck Resources Ltd Class B 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 Teck Resources Ltd Class B. The current sar is 50.11.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1

Teck Resources Ltd Class B 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 Teck Resources Ltd Class B. The current rsi is 50.01. 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.

Teck Resources Ltd Class B 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 Teck Resources Ltd Class B. The current phase is Oversold in bull market.

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

STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
STOCH < 20: The STOCH %K is below 20 and oversold. -2
STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Teck price going down in the near term. -2
Trending down: The STOCH %K is trending down. -1

Teck Resources Ltd Class B 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 Teck Resources Ltd Class B. The current cci is -48.65058573.

Teck Resources Ltd Class B 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 Teck Resources Ltd Class B. The current cmo is -15.86972955.

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

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

Teck Resources Ltd Class B 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 Teck Resources Ltd Class B. The current willr is -87.03878903.

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

WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1

Teck Resources Ltd Class B Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

Lagging volatility indicator
Uses 3 bands: one upper, one lower and one in the middle
Works best when the middle band reflects an intermediate trend (MA20).
When the price is moving closer to the upper band, the market might be overbought
When the price is moving closer to the lower band, the market might be oversold

Score

Let's take a look at the Bollinger Bands of Teck Resources Ltd Class B.

Teck Resources Ltd Class B 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 Teck Resources Ltd Class B. The current atr is 1.55927045.

Teck Resources Ltd Class B 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 Teck Resources Ltd Class B. The current obv is 45,273,114.

Teck Resources Ltd Class B 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 Teck Resources Ltd Class B. The current mfi is 52.72.

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

Teck Resources Ltd Class B Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

Type	Notification	Date
Currently no notifications for Teck Resources Ltd Class B.

6.2. Trading Signals

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

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

6.3. Candlestick Patterns

Teck Resources Ltd Class B Daily Candlestick Chart

Date	Candlestick Pattern

6.4. Technical Score

Let's check the technical score of Teck Resources Ltd Class B based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	50.011
Ma 20	Greater than	Ma 50	46.740
Ma 50	Greater than	Ma 100	42.961
Ma 100	Greater than	Ma 200	41.225
Open	Greater than	Close	46.130
Total			5/5 (100.0%)

Create your own Symbol Scanner

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Teck Resources Ltd Class B Buy, Hold or Sell?

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Quick analysis of Teck (30 sec.)

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

$45.86

$39.24

$-9.55 - $-0.60

$29.69 - $38.64

2. Growth of Teck (5 min.)

Is Teck growing?

How much money is Teck making?

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

3. Financial Health of Teck (5 min.)

4. Comparing to competitors in the Other Industrial Metals & Mining industry (5 min.)

Industry Rankings (Other Industrial Metals & Mining)

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

What can you expect buying and holding a share of Teck?

Speculation

Investing

How much money are you going to get?

When do you get the money?

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Linear %

Fundamentals of Teck

About Teck Resources Ltd Class B

Financial Health

Valuation

1.1. Profitability of Teck Resources Ltd Class B.

1.1. Profitability

1.1.1. Net Profit Margin

Trends

Compared to industry (Other Industrial Metals & Mining)

1.1.2. Return on Assets

Trends

Compared to industry (Other Industrial Metals & Mining)

1.1.3. Return on Equity

Trends

Compared to industry (Other Industrial Metals & Mining)

1.2. Operating Efficiency of Teck Resources Ltd Class B.

1.2. Operating Efficiency

1.2.1. Operating Margin

Trends

Compared to industry (Other Industrial Metals & Mining)

1.2.2. Operating Ratio

Trends

Compared to industry (Other Industrial Metals & Mining)

1.3. Liquidity of Teck Resources Ltd Class B.

1.3. Liquidity

1.3.1. Current Ratio

Trends

Compared to industry (Other Industrial Metals & Mining)

1.3.2. Quick Ratio

Trends

Compared to industry (Other Industrial Metals & Mining)

1.4. Solvency of Teck Resources Ltd Class B.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Trends

Compared to industry (Other Industrial Metals & Mining)

1.4.2. Debt to Equity Ratio

Trends

Compared to industry (Other Industrial Metals & Mining)

2. Market Valuation of Teck Resources Ltd Class B

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

Trends

Compared to industry (Other Industrial Metals & Mining)

Teck Resources Ltd Class B
Buy, Hold or Sell?