Webster Financial Corporation
Buy, Hold or Sell?

Let's analyse Webster Financial Corporation together

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

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

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

Get notifications about Webster Financial Corporation

I send you an email if I find something interesting about Webster Financial Corporation.

Quick analysis of Webster Financial Corporation (30 sec.)

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

How much money do you get?

$1.28

When do you have the money?

1 year

How often do you get paid?

97.5%

What is your share worth?

Current worth

$50.72

Expected worth in 1 year

$53.47

How sure are you?

77.5%

+ What do you gain per year?

Total Gains per Share

$4.02

Return On Investment

8.8%

For what price can you sell your share?

Current Price per Share

$45.88

Expected price per share

$42.87 - $51.35

How sure are you?

50%

1. Valuation of Webster Financial Corporation (5 min.)

Live pricePrice per Share (EOD)

$45.88

Book Value per Share

$50.72

2. Growth of Webster Financial Corporation (5 min.)

Is Webster Financial Corporation growing?

	Current year	Previous year	Grow	Grow %
How rich?	$8.7b	$22b	-$13.5b	-160.0%

How much money is Webster Financial Corporation making?

	Current year	Previous year	Grow	Grow %
Making money	$214.7m	$220.5m	-$5.7m	-2.7%
Net Profit Margin	30.3%	150.3%	-	-

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

Quarterly Yearly

3. Financial Health of Webster Financial Corporation (5 min.)

4. Comparing to competitors in the Banks - Regional industry (5 min.)

Industry Rankings (Banks - Regional)

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

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

What can you expect buying and holding a share of Webster Financial Corporation?

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

Speculation

The Price per Share of Webster Financial Corporation is $45.88. 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 Webster Financial Corporation.
The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
The book value: what is the market price compared to it's book value.

Investing

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

You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $50.72. Based on the TTM, the Book Value Change Per Share is $0.69 per quarter. Based on the YOY, the Book Value Change Per Share is $-80.84 per quarter.
You may receive quarterly/yearly dividend in the form of additional shares.
You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.32 per quarter.

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

How much money are you going to get?

	MRQ		TTM		YOY		5Y		10Y
	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share
Usd Eps	1.23	2.7%	1.23	2.7%	1.25	2.7%	0.75	1.6%	0.55	1.2%
Usd Book Value Change Per Share	0.33	0.7%	0.69	1.5%	-80.84	-176.2%	-5.22	-11.4%	-1.43	-3.1%
Usd Dividend Per Share	0.00	0.0%	0.32	0.7%	0.43	0.9%	0.28	0.6%	0.21	0.5%
Usd Total Gains Per Share	0.33	0.7%	1.01	2.2%	-80.41	-175.3%	-4.94	-10.8%	-1.21	-2.6%
Usd Price Per Share	50.77	-	44.90	-	43.53	-	44.83	-	44.76	-
Price to Earnings Ratio	10.32	-	9.27	-	8.79	-	10.86	-	21.42	-
Price-to-Total Gains Ratio	152.27	-	257.17	-	9.75	-	24.01	-	-27.22	-
Price to Book Ratio	1.00	-	0.91	-	0.74	-	0.70	-	0.52	-
Price-to-Total Gains Ratio	152.27	-	257.17	-	9.75	-	24.01	-	-27.22	-

When do you get the money?

Usd Investment	$.00
Usd Price Per Share	45.88
Number of shares	21

Gains per Quarter	Trailing 12 Months	5 Year
Usd Dividend Per Share	0.32	0.28
Usd Book Value Change Per Share	0.69	-5.22
Usd Total Gains Per Share	1.01	-4.94
Gains per Quarter (21 shares)	21.12	-103.74
Gains per Year (21 shares)	84.46	-414.95

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	27	58	74	24	-439	-425
2	54	115	158	48	-877	-840
3	80	173	242	71	-1316	-1255
4	107	231	326	95	-1755	-1670
5	134	288	410	119	-2194	-2085
6	161	346	494	143	-2632	-2500
7	188	403	578	166	-3071	-2915
8	215	461	662	190	-3510	-3330
9	241	519	746	214	-3948	-3745
10	268	576	830	238	-4387	-4160

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%	19.0	1.0	0.0	95.0%	39.0	1.0	0.0	97.5%	129.0	10.0	0.0	92.8%
Book Value Change Per Share	2.0	2.0	0.0	50.0%	7.0	5.0	0.0	58.3%	13.0	7.0	0.0	65.0%	29.0	11.0	0.0	72.5%	95.0	44.0	0.0	68.3%
Dividend per Share	3.0	0.0	1.0	75.0%	11.0	0.0	1.0	91.7%	19.0	0.0	1.0	95.0%	39.0	0.0	1.0	97.5%	138.0	0.0	1.0	99.3%
Total Gains per Share	4.0	0.0	0.0	100.0%	9.0	3.0	0.0	75.0%	15.0	5.0	0.0	75.0%	31.0	9.0	0.0	77.5%	100.0	39.0	0.0	71.9%

Fundamentals of Webster Financial Corporation

About Webster Financial Corporation

https://public.websteronline.com
Banks - Regional
4131
200 Elm Street, Stamford, CT, United States, 06902
Google Maps Bing Maps

Webster Financial Corporation operates as the bank holding company for Webster Bank, National Association that provides a range of financial products and services to individuals, families, and businesses in the United States. It operates through three segments: Commercial Banking, HSA Bank, and Consumer Banking. The Commercial Banking segment offers commercial real estate and equipment financing, business banking, asset-based lending, and commercial services; public sector finance; mortgage warehouse financing; sponsor and specialty financing services; credit, deposit, and cash flow management services; and wealth management solutions to business owners and operators, including trust, asset management, financial planning, insurance, retirement, and investment products, as well as treasury management services comprising derivative, treasury, accounts payable, accounts receivable, and trade products and services. This segment also provides commercial services, such as accounts receivable factoring and trade financing, payroll funding, and business process outsourcing. The HSA Bank segment offers health savings accounts, health reimbursement arrangements, flexible spending accounts, and commuter benefit services that are distributed directly to employers and individual consumers, as well as through national and regional insurance carriers, benefit consultants, and financial advisors. The Consumer Banking segment provides consumer deposit and fee-based services, residential mortgages, home equity lines, secured and unsecured loans, and credit cards to consumers; and small business banking products, such as credit, deposit, and cash flow management products to businesses and professional service firms. The company offers online and mobile banking services. Webster Financial Corporation was founded in 1935 and is headquartered in Stamford, Connecticut.

Fundamental data was last updated by Penke on 2024-04-26 16:19:05.

Financial Health

Profitability Details

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

Operating Efficiency Details

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

Liquidity Details

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

Valuation

Valuation Details

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

1.1. Profitability of Webster Financial Corporation.

1.1. Profitability

1.1.1. Net Profit Margin

Measures how much net profit Webster Financial Corporation earns for each $1 of revenue.

Above 10% is considered healthy but always compare Webster Financial Corporation to the Banks - Regional industry mean.
A Net Profit Margin of 34.1% means that $0.34 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Webster Financial Corporation:

The MRQ is 34.1%. The company is making a huge profit. +2
The TTM is 30.3%. The company is making a huge profit. +2

Trends

Current period		Compared to		+/-
MRQ	34.1%	TTM	30.3%	+3.9%
TTM	30.3%	YOY	150.3%	-120.0%
TTM	30.3%	5Y	50.8%	-20.5%
5Y	50.8%	10Y	37.9%	+12.9%

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
MRQ	34.1%	38.5%	-4.4%
TTM	30.3%	29.6%	+0.7%
YOY	150.3%	26.3%	+124.0%
5Y	50.8%	23.6%	+27.2%
10Y	37.9%	20.4%	+17.5%

Measures how much net profit Webster Financial Corporation earns for each $1 of revenue.

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

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

The net profit margin looks at how much net profit Webster Financial Corporation earns for each $1 in revenue.

How to use net profit margin

Higher profit margin is better (more profit).
Above 10% is considered healthy but always compare Webster Financial Corporation to the Banks - Regional industry mean.
Can be used to compare companies within the Banks - Regional industry.

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

Why do investors use net profit margin in their analysis

It helps investors to determine the efficiency of Webster Financial Corporation. If profit margins remain low (compared to the Banks - Regional 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 Webster Financial Corporation is 0.34. This means that Webster Financial Corporation earned $0.34 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 Banks - Regional industry is 38.5%.
What is the trend?
The trend is important because it shows you how Webster Financial Corporation is performing over time. The most recent quarter might be important if Webster Financial Corporation released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Webster Financial Corporation up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

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

How to calculate net profit margin

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

Real example of Webster Financial Corporation

You need the following data to determine net profit margin:

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

Net income MRQ Webster Financial Corporation = 212,160
Total revenue MRQ Webster Financial Corporation = 621,592
$212,160 / $621,592 = 0.34 or 34.1%

Higher is better

The higher the net profit margin, the more efficient the company is generating income. This helps investors to determine how the company is managing money. The net profit margin is an important indicator when diving into the financial health of a company. Overall, you want to see the net profit margin rising over the years. That means the company improved their production and made it more efficient (if possible).

You can use the net profit margin to compare companies within the same industry. If there are two companies where one is much bigger but the smaller one has a higher net profit margin, that means the smaller company is more efficiently using operational costs.

Important: Profit margins can be very different between industries. Companies with assembly lines or transports are much more prone to see shifting in prices for fuel, ingredients and maintenance compared to companies that only provide services. You should never compare net profit margin between different industries.

1.1.2. Return on Assets

Shows how efficient Webster Financial Corporation is using its assets to generate profit.

Above 5% is considered healthy but always compare Webster Financial Corporation to the Banks - Regional industry mean.
0.3% Return on Assets means that Webster Financial Corporation generated $0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Webster Financial Corporation:

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

Trends

Current period		Compared to		+/-
MRQ	0.3%	TTM	0.3%	0.0%
TTM	0.3%	YOY	0.3%	0.0%
TTM	0.3%	5Y	0.3%	+0.0%
5Y	0.3%	10Y	0.3%	+0.0%

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
MRQ	0.3%	0.3%	0.0%
TTM	0.3%	0.2%	+0.1%
YOY	0.3%	0.2%	+0.1%
5Y	0.3%	0.2%	+0.1%
10Y	0.3%	0.2%	+0.1%

Shows how efficient Webster Financial Corporation is using its assets to generate profit.

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

How to use return on assets

Higher is better.
Above 5% is considered healthy but always compare Webster Financial Corporation to the Banks - Regional 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 Webster Financial Corporation is using its resources to generate profit. If the return on assets (0.3%) from Webster Financial Corporation are higher than the Banks - Regional mean (0.3%) that means Webster Financial Corporation is using its resources better than their competitors. If not, that means their competitors are more efficient in using their resources to generate profit.

An investor should always look at:

What is the current return on assets?
The current most recent quarter (MRQ) Return on Assets of Webster Financial Corporation is 0.3%. This means the company generated $0.00 for each $1 in assets.
How does it compare to the industry?
The mean MRQ Return on Assets of the Banks - Regional industry is 0.3%.
What is the trend?
The trend is important because it shows you how Webster Financial Corporation is performing over time. The most recent quarter might be important if Webster Financial Corporation released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Webster Financial Corporation up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

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

How to calculate return on assets

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

Real example Webster Financial Corporation

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

Income statement
Balance sheet

Net income MRQ (income statement) from Webster Financial Corporation = 212,160
Total assets MRQ (balance sheet) from Webster Financial Corporation = 76,161,693
212,160 / 76,161,693 = 0.00 or 0.3%

ROA is an important ratio as it will tell you how effectively Webster Financial Corporation is using its resources to generate profits. Example:

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

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

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

1.1.3. Return on Equity

Shows how efficient Webster Financial Corporation is using its investors money to generate profit.

Above 15%-20% is considered healthy but always compare Webster Financial Corporation to the Banks - Regional industry mean.
2.4% Return on Equity means Webster Financial Corporation generated $0.02 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Webster Financial Corporation:

The MRQ is 2.4%. Using its investors money, the company is inefficient in making profit. -1
The TTM is 2.5%. Using its investors money, the company is inefficient in making profit. -1

Trends

Current period		Compared to		+/-
MRQ	2.4%	TTM	2.5%	-0.1%
TTM	2.5%	YOY	2.7%	-0.2%
TTM	2.5%	5Y	2.5%	+0.1%
5Y	2.5%	10Y	2.5%	0.0%

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
MRQ	2.4%	3.1%	-0.7%
TTM	2.5%	2.5%	+0.0%
YOY	2.7%	2.7%	+0.0%
5Y	2.5%	2.5%	0.0%
10Y	2.5%	2.8%	-0.3%

Shows how efficient Webster Financial Corporation is using its investors money to generate profit.

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

How to use return on equity

Higher is better.
Above 15%-20% is considered healthy but always compare Webster Financial Corporation to the Banks - Regional 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 Banks - Regional 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 Webster Financial Corporation is 2.4%. This means Webster Financial Corporation 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 Banks - Regional industry is 3.1%.
What is the trend?
The trend is important because it shows you how Webster Financial Corporation is performing over time. The most recent quarter might be important if Webster Financial Corporation released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Webster Financial Corporation up to 10 years back (depending if Webster Financial Corporation existed 10 years ago) when you exit this learning section.

Things to be aware of

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

How to calculate return on equity

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

Real example of Webster Financial Corporation

You need the following data to determine ROE:

Income statement
Balance sheet
Net profit MRQ (income statement) Webster Financial Corporation = 212,160
Shareholders equity (balance sheet) MRQ Webster Financial Corporation = 8,747,498
212,160 / 8,747,498 = 0.02 or 2.4%

A negative shareholder equity is a warning sign. It means the company has more liabilities than assets. It might also mean that the owners did not invest enough money or they are taking money out of the business.

1.2. Operating Efficiency of Webster Financial Corporation.

1.2. Operating Efficiency

1.2.1. Operating Margin

Measures how efficient Webster Financial Corporation is operating .

Measures how much profit Webster Financial Corporation makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
Above 15% is considered healthy but always compare Webster Financial Corporation to the Banks - Regional industry mean.
An Operating Margin of 45.3% means the company generated $0.45 for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Webster Financial Corporation:

The MRQ is 45.3%. The company is operating very efficient. +2
The TTM is 45.7%. The company is operating very efficient. +2

Trends

Current period		Compared to		+/-
MRQ	45.3%	TTM	45.7%	-0.4%
TTM	45.7%	YOY	235.9%	-190.2%
TTM	45.7%	5Y	91.6%	-45.9%
5Y	91.6%	10Y	70.2%	+21.4%

Measures how efficient Webster Financial Corporation is operating .

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

How to use operating margin

Higher is better
Above 15% is considered healthy but always compare Webster Financial Corporation to the Banks - Regional 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 Webster Financial Corporation is making from it’s core business.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Operating Margin of Webster Financial Corporation is 45.3%. This means that Webster Financial Corporation earned $0.45 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Margin of the Banks - Regional industry is .
What is the trend?
The trend is important because it shows you how Webster Financial Corporation is performing over time. The most recent quarter might be important if Webster Financial Corporation released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Webster Financial Corporation up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

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

How to calculate operating margin

Operating margin = operating earnings / total revenue

Real example of Webster Financial Corporation

You need the following data to determine operating margin:

Income statement
Operating earnings MRQ Webster Financial Corporation = 319,086
Total revenue MRQ Webster Financial Corporation = 621,592
$319,086 / $621,592 = 0.45 or 45.3%

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 Webster Financial Corporation is keeping operating costs low.

Below 1 is considered healthy (always compare to Banks - Regional industry mean).
An Operation Ratio of 0.54 means that the operating costs are $0.54 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Webster Financial Corporation:

The MRQ is 0.540. The company is very efficient in keeping operating costs low. +2
The TTM is 0.010. The company is very efficient in keeping operating costs low. +2

Trends

Current period		Compared to		+/-
MRQ	0.540	TTM	0.010	+0.530
TTM	0.010	YOY	0.027	-0.017
TTM	0.010	5Y	0.019	-0.009
5Y	0.019	10Y	-0.067	+0.086

Measures how efficient Webster Financial Corporation is keeping operating costs low.

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

How to use operating ratio

Lower is better.
Below 1 is considered healthy but always compare Webster Financial Corporation to the Banks - Regional 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 Webster Financial Corporation is 54.0%. This means that Webster Financial Corporation earned $0.54 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 Banks - Regional industry is .
What is the trend?
The trend is important because it shows you how Webster Financial Corporation is performing over time. The most recent quarter might be important if Webster Financial Corporation released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Webster Financial Corporation up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

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

How to calculate operating ratio

Operating ratio = Operating expenses + COGS \ Net sales

Real life example Webster Financial Corporation

You need the following data to determine operating ratio:

Income statement

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

(cost of revenue + total operating expenses) \ total revenue
(0 +335,923) \ 621,592 = 0.54

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 Webster Financial Corporation.

1.3. Liquidity

1.3.1. Current Ratio

Measures if Webster Financial Corporation is able to pay off Short-term Debt.

Above 1.5 is considered healthy (always compare to Banks - Regional industry mean).
A Current Ratio of 0.19 means the company has $0.19 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Webster Financial Corporation:

The MRQ is 0.186. The company is unable to pay all its short-term debts. -2
The TTM is 0.082. The company is unable to pay all its short-term debts. -2

Trends

Current period		Compared to		+/-
MRQ	0.186	TTM	0.082	+0.104
TTM	0.082	YOY	0.218	-0.136
TTM	0.082	5Y	20.256	-20.174
5Y	20.256	10Y	10.206	+10.050

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
TTM	0.082	0.124	-0.042
YOY	0.218	0.167	+0.051
5Y	20.256	0.207	+20.049
10Y	10.206	0.131	+10.075

Measures if Webster Financial Corporation is able to pay off Short-term Debt.

How to use current ratio

Higher is better
Above 1.5 is considered healthy (always compare to Banks - Regional 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 Webster Financial Corporation if something happens in the market that will cause sales to plummet.

The three steps every investor should look at:

What is the current current Ratio?
The current most recent quarter (MRQ) Current Ratio of Webster Financial Corporation is 0.19. This means Webster Financial Corporation has $0.19 in assets for each $1 in short-term debts.
How does it compare to the industry?
The mean MRQ Current Ratio of the Banks - Regional industry is .
What is the trend?
The trend is important because it shows you how Webster Financial Corporation is performing over time. The most recent quarter might be important if Webster Financial Corporation released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Webster Financial Corporation up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

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

How to calculate current ratio

Current ratio = current assets \ current liabilities

Real life example Webster Financial Corporation

You need the following data to determine operating ratio:

Balance sheet
Current ratio = current assets \ current liabilities
322,041 \ 1,730,116) = 0.19

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

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

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

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

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

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

1.3.2. Quick Ratio

Measures if Webster Financial Corporation is able to pay off Short-term Debt but only using the most liquid assets.

Above 1 is considered healthy but always compare Webster Financial Corporation to the Banks - Regional industry mean.
A Quick Ratio of 0.19 means the company can pay off $0.19 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Webster Financial Corporation:

The MRQ is 0.186. The company is just not able to pay all its short-term debts with the most liquid assets. -1
The TTM is 0.102. 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	0.186	TTM	0.102	+0.084
TTM	0.102	YOY	0.396	-0.294
TTM	0.102	5Y	36.465	-36.364
5Y	36.465	10Y	18.375	+18.090

Measures if Webster Financial Corporation is able to pay off Short-term Debt but only using the most liquid assets.

How to use quick ratio

Higher is better.
Above 1 is considered healthy but always compare Webster Financial Corporation to the Banks - Regional industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use quick ratio in their analysis

Shows how fast Webster Financial Corporation can pay off its short term debts. This shows if Webster Financial Corporation can survive emergencies due to market changes or other reasons.

The three steps every investor should look at:

What is the current Quick Ratio?
The current most recent quarter (MRQ) quickRatio of Webster Financial Corporation is 0.19. This means that Webster Financial Corporation can pay off $0.19 for each $1 in debt (using most liquid assets).
How does it compare to the industry?
The mean MRQ Quick Ratio of the Banks - Regional industry is .
What is the trend?
The trend is important because it shows you how Webster Financial Corporation is performing over time. The most recent quarter might be important if Webster Financial Corporation released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Webster Financial Corporation up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

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

How to calculate quick ratio

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

Real life example Webster Financial Corporation

You need the following data to determine operating ratio:

Balance sheet
Quick ratio = cash and short-term investments + short-term investments + netReceivables / total current liabilities
MRQ quick ratio Webster Financial Corporation: (322,041 + 0 +0) / 1,730,116 = 0.19

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

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

1.4. Solvency of Webster Financial Corporation.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Measures how much % of Webster Financial Corporation assets are financed with debt.

Below 1 (100%) is considered healthy but always compare Webster Financial Corporation to Banks - Regional industry mean.
A Debt to Asset Ratio of 0.89 means that Webster Financial Corporation assets are financed with 88.5% credit (debt) and the remaining percentage (100% - 88.5%) is financed by its owners/shareholders.

Let's take a look of the Debt to Asset Ratio trends of Webster Financial Corporation:

The MRQ is 0.885. The company is just able to pay all its debts by selling its assets.
The TTM is 0.886. The company is just able to pay all its debts by selling its assets.

Trends

Current period		Compared to		+/-
MRQ	0.885	TTM	0.886	-0.001
TTM	0.886	YOY	0.679	+0.207
TTM	0.886	5Y	0.425	+0.462
5Y	0.425	10Y	0.258	+0.166

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
MRQ	0.885	0.915	-0.030
TTM	0.886	0.916	-0.030
YOY	0.679	0.918	-0.239
5Y	0.425	0.919	-0.494
10Y	0.258	0.926	-0.668

Measures how much % of Webster Financial Corporation assets are financed with debt.

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

How to use debt to asset ratio

Lower is better.
below 1 (100%) is considered healthy but always compare Webster Financial Corporation to Banks - Regional 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 Webster Financial Corporation is 0.89. This means means that Webster Financial Corporation is financed with 88.5% 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 Banks - Regional industry is .
What is the trend?
The trend is important because it shows you how Webster Financial Corporation is performing over time. The most recent quarter might be important if Webster Financial Corporation released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Webster Financial Corporation up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

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

How to calculate debt to asset ratio

Debt to asset ratio = total debt \ total assets

Real life example Webster Financial Corporation

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

Balance sheet
Debt to asset ratio = total debt \ total assets
67,414,195 \ 76,161,693 = 88.5% or 0.89.

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 Webster Financial Corporation is able to pay off its debts by using shareholders equity.

Below 2 is considered healthy but always compare Webster Financial Corporation to the Banks - Regional industry mean.
A Debt to Equity ratio of 770.7% means that company has $7.71 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Webster Financial Corporation:

The MRQ is 7.707. The company is unable to pay all its debts with equity. -1
The TTM is 7.804. The company is unable to pay all its debts with equity. -1

Trends

Current period		Compared to		+/-
MRQ	7.707	TTM	7.804	-0.098
TTM	7.804	YOY	6.036	+1.769
TTM	7.804	5Y	3.890	+3.914
5Y	3.890	10Y	2.400	+1.490

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
MRQ	7.707	10.799	-3.092
TTM	7.804	10.909	-3.105
YOY	6.036	11.266	-5.230
5Y	3.890	11.324	-7.434
10Y	2.400	12.886	-10.486

Measures if Webster Financial Corporation is able to pay off its debts by using shareholders equity.

How to use debt to equity ratio

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

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

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

The three steps every investor should look at:

What is the current debt to equity ratio?
The current most recent quarter (MRQ) quickRatio of Webster Financial Corporation is 7.71. This means that Webster Financial Corporation can pay off $7.71 for each $1 in debt.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Banks - Regional industry is 10.80.
What is the trend?
The trend is important because it shows you how Webster Financial Corporation is performing over time. The most recent quarter might be important if Webster Financial Corporation released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Webster Financial Corporation up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

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

How to calculate debt to equity ratio

Debt to equity ratio = total debt \ shareholders equity.

Real life example Webster Financial Corporation

You need the following data to determine equity ratio:

Balance sheet
Debt to equity ratio = total debt \ shareholders equity
67,414,195 \ 8,747,498 = 7.71 or 770.7%

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

Common shares.
Preferred shares.
Retained earnings.

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

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

2. Market Valuation of Webster Financial Corporation

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Webster Financial Corporation generates.

Above 15 is considered overpriced but always compare Webster Financial Corporation to the Banks - Regional industry mean.
A PE ratio of 10.32 means the investor is paying $10.32 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Webster Financial Corporation:

The EOD is 9.324. Based on the earnings, the company is underpriced. +1
The MRQ is 10.318. Based on the earnings, the company is underpriced. +1
The TTM is 9.271. Based on the earnings, the company is underpriced. +1

Trends

Current period		Compared to		+/-
EOD	9.324	MRQ	10.318	-0.994
MRQ	10.318	TTM	9.271	+1.047
TTM	9.271	YOY	8.789	+0.481
TTM	9.271	5Y	10.863	-1.592
5Y	10.863	10Y	21.416	-10.554

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
EOD	9.324	3.538	+5.786
MRQ	10.318	3.418	+6.900
TTM	9.271	4.741	+4.530
YOY	8.789	6.901	+1.888
5Y	10.863	9.496	+1.367
10Y	21.416	9.770	+11.646

Measures how much money you pay for each share for every $1 in earnings Webster Financial Corporation generates.

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

How to use PE ratio

Above 15 is considered overpriced but is hard to determine. Always compare Webster Financial Corporation to the Banks - Regional 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 Webster Financial Corporation is 10.32. This means the investor is paying $10.32 for every $1 in earnings.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Banks - Regional industry is 3.42.
What is the trend?
The trend is important because it shows you how Webster Financial Corporation is performing over time. The most recent quarter might be important if Webster Financial Corporation released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Webster Financial Corporation up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

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

How to calculate PE ratio

PE ratio = market value per share \ earnings per share

Real life example Webster Financial Corporation

You need the following data to determine the PE ratio:

Balance sheet
Income statement

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

EPS = (net profit - preferred dividends) \ end of period outstanding shares*
Net profit = revenue - expenses
0 \ 170,704 = EPS
PE ratio MRQ = 10.32

* 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 Webster Financial Corporation:

The MRQ is 0.000. The data is not here.

Trends

Current period		Compared to		+/-
MRQ	-	TTM	9.332	-9.332
TTM	9.332	YOY	6.313	+3.020
TTM	9.332	5Y	14.254	-4.922
5Y	14.254	10Y	196.177	-181.923

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
MRQ	-	-2.360	+2.360
TTM	9.332	-1.072	+10.404
YOY	6.313	6.461	-0.148
5Y	14.254	0.248	+14.006
10Y	196.177	0.032	+196.145

2. Book Value per Share

2.3. Price to Book Ratio

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

At or below 1 is considered healthy (always compare to Banks - Regional industry mean).
A PB ratio of 1.00 means the investor is paying $1.00 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Webster Financial Corporation:

The EOD is 0.905. Based on the equity, the company is cheap. +2
The MRQ is 1.001. Based on the equity, the company is underpriced. +1
The TTM is 0.911. Based on the equity, the company is cheap. +2

Trends

Current period		Compared to		+/-
EOD	0.905	MRQ	1.001	-0.096
MRQ	1.001	TTM	0.911	+0.090
TTM	0.911	YOY	0.739	+0.172
TTM	0.911	5Y	0.700	+0.211
5Y	0.700	10Y	0.516	+0.184

Compared to industry (Banks - Regional)

Period	Company	Industry (mean)	+/-
EOD	0.905	0.435	+0.470
MRQ	1.001	0.420	+0.581
TTM	0.911	0.439	+0.472
YOY	0.739	0.594	+0.145
5Y	0.700	0.763	-0.063
10Y	0.516	0.991	-0.475

2. Total Gains per Share

3. Holders & Insider Transactions

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

3.1. Institutions holding Webster Financial Corporation

Institutions are holding 88.137% of the shares of Webster Financial Corporation.

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2023-12-31	Vanguard Group Inc	10.4173	0.0198	17871429	-108623	-0.6041
2023-12-31	BlackRock Inc	8.9696	0.0199	15387792	-1991261	-11.4578
2023-12-31	FMR Inc	4.6539	0.0311	7983978	725567	9.9962
2023-12-31	Capital Research & Mgmt Co - Division 3	4.5056	0.088	7729516	-619795	-7.4233
2023-12-31	State Street Corporation	4.3983	0.0186	7545559	86562	1.1605
2023-12-31	T. Rowe Price Associates, Inc.	3.58	0.0419	6141702	47181	0.7742
2023-12-31	Amvescap Plc.	3.2089	0.0665	5505050	845739	18.1516
2023-12-31	Davis Asset Management, L.P.	2.3316	4.9579	4000000	2250000	128.5714
2023-12-31	Dimensional Fund Advisors, Inc.	2.2827	0.058	3916013	430331	12.3457
2023-12-31	Macquarie Group Ltd	1.8702	0.1881	3208438	176361	5.8165
2023-12-31	Wellington Management Company LLP	1.6947	0.0275	2907416	-17158	-0.5867
2023-12-31	Earnest Partners LLC	1.6112	0.7006	2764169	369218	15.4165
2023-12-31	Geode Capital Management, LLC	1.5715	0.0143	2696026	19982	0.7467
2023-12-31	Bank of New York Mellon Corp	1.5209	0.0269	2609222	-123720	-4.527
2023-12-31	Diamond Hill Capital Management Inc	1.3613	0.5209	2335411	-509648	-17.9134
2023-12-31	American Century Companies Inc	1.2204	0.0731	2093644	769187	58.0756
2023-12-31	Bank of America Corp	1.2193	0.0107	2091788	138446	7.0876
2023-12-31	Millennium Management LLC	1.1819	0.0445	2027634	1959334	2868.7174
2023-12-31	Pzena Investment Management, LLC	1.1649	0.3813	1998370	-77351	-3.7265
2023-12-31	NORGES BANK	1.1164	0.017	1915236	127479	7.1307
Total		59.8806	7.3066	102728393	+4497831	+4.4%

3.2. Funds holding Webster Financial Corporation

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2024-02-29	Vanguard Total Stock Mkt Idx Inv	3.1591	0.0167	5419614	-10231	-0.1884
2024-03-28	iShares Core S&P Mid-Cap ETF	3.1194	0.3194	5351505	-4038	-0.0754
2024-03-31	American Funds Capital Income Bldr A	2.9516	0.2276	5063621	0	0
2024-03-31	Vanguard Small Cap Index	2.5574	0.1513	4387391	-47009	-1.0601
2024-03-31	T. Rowe Price Mid-Cap Value	1.8519	1.0629	3177100	-2623	-0.0825
2024-03-31	T. Rowe Price US Mid-Cap Value Equity	1.8519	1.0616	3177100	-2623	-0.0825
2024-03-31	Vanguard Small Cap Value Index Inv	1.7202	0.2685	2951130	-75225	-2.4857
2024-03-31	Vanguard Institutional Extnd Mkt Idx Tr	1.4981	0.124	2570015	24615	0.967
2023-12-31	Vanguard Explorer Inv	1.3441	0.5474	2305848	34026	1.4977
2024-03-31	American Century Small Cap Value Inv	1.0492	1.5277	1800000	170000	10.4294
2024-03-31	American Century U.S. Small Cap Value	1.0492	1.5252	1800000	170000	10.4294
2024-02-29	Invesco Small Cap Value A	1.0259	2.0407	1759900	36100	2.0942
2024-02-29	Delaware Small Cap Value A	1.0137	1.7507	1739010	-23900	-1.3557
2024-03-31	T. Rowe Price U.S. Mid-Cap Val Eq Tr-Z	0.9865	1.0672	1692416	63339	3.888
2024-03-31	SPDR® S&P Regional Banking ETF	0.8535	2.4818	1464229	0	0
2024-03-31	SPDR® S&P MIDCAP 400 ETF Trust	0.8198	0.3206	1406445	32392	2.3574
2024-01-31	Fidelity Small Cap Value Fund	0.7658	1.3937	1313829	0	0
2024-01-31	Fidelity Low-Priced Stock	0.7587	0.2397	1301644	2665	0.2052
2024-03-31	Diamond Hill Small-Mid Cap Equity	0.7455	2.7294	1278868	-21796	-1.6758
2024-03-31	EARNEST Partners Smid Cap Core Founders	0.7268	1.6799	1246845	56895	4.7813
Total		29.8483	20.536	51206510	+402587	+0.8%

3.3. Insider Transactions

Insiders are holding 0.963% of the shares of Webster Financial Corporation.

Date	Owner	Type	Amount	Price
2024-02-29	Daniel Bley	SELL	2000	47.6
2024-01-30	Christopher J Motl	SELL	10475	52.4
2024-01-30	Luis Massiani	SELL	13500	51.63
2024-01-25	Charles L Wilkins	SELL	3966	51.56
2024-01-02	Jack L Kopnisky	SELL	5000	50.18
2023-06-06	Luis Massiani	SELL	16000	37.27

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Webster Financial Corporation compared to the Most Recent Quarter (MRQ).

	End of day	+/-	Most Recent Quarter	Trailing 12 Months	+/-	Year-Over-Year	+/-	5 Year	+/-	10 Year	+/-
Book Value Change Per Share	-	-	0.333	0.686	-51%	-80.840	+24346%	-5.223	+1666%	-1.428	+528%
Book Value Per Share	-	-	50.721	49.141	+3%	125.879	-60%	135.536	-63%	134.366	-62%
Current Ratio	-	-	0.186	0.082	+128%	0.218	-14%	20.256	-99%	10.206	-98%
Debt To Asset Ratio	-	-	0.885	0.886	0%	0.679	+30%	0.425	+108%	0.258	+243%
Debt To Equity Ratio	-	-	7.707	7.804	-1%	6.036	+28%	3.890	+98%	2.400	+221%
Dividend Per Share	-	-	-	0.319	-100%	0.428	-100%	0.283	-100%	0.215	-100%
Eps	-	-	1.230	1.229	+0%	1.251	-2%	0.747	+65%	0.552	+123%
Gross Profit Margin	-	-	0.980	0.977	+0%	0.981	0%	0.976	+0%	0.952	+3%
Market Cap	7912648320.000	-11%	8755997280.000	7746401752.500	+13%	7566715392.500	+16%	7744503637.000	+13%	7725787434.500	+13%
Net Profit Margin	-	-	0.341	0.303	+13%	1.503	-77%	0.508	-33%	0.379	-10%
Operating Margin	-	-	0.453	0.457	-1%	2.359	-81%	0.916	-51%	0.702	-35%
Operating Ratio	-	-	0.540	0.010	+5091%	0.027	+1900%	0.019	+2721%	-0.067	+112%
Pb Ratio	0.905	-11%	1.001	0.911	+10%	0.739	+35%	0.700	+43%	0.516	+94%
Pe Ratio	9.324	-11%	10.318	9.271	+11%	8.789	+17%	10.863	-5%	21.416	-52%
Price Per Share	45.880	-11%	50.770	44.898	+13%	43.528	+17%	44.832	+13%	44.760	+13%
Price To Free Cash Flow Ratio	-	-	-	9.332	-100%	6.313	-100%	14.254	-100%	196.177	-100%
Price To Total Gains Ratio	137.606	-11%	152.273	257.172	-41%	9.755	+1461%	24.010	+534%	-27.216	+118%
Quick Ratio	-	-	0.186	0.102	+83%	0.396	-53%	36.465	-99%	18.375	-99%
Return On Assets	-	-	0.003	0.003	-3%	0.003	-11%	0.003	+7%	0.003	+9%
Return On Equity	-	-	0.024	0.025	-5%	0.027	-12%	0.025	-1%	0.025	-1%
Total Gains Per Share	-	-	0.333	1.006	-67%	-80.412	+24218%	-4.940	+1582%	-1.213	+464%
Usd Book Value	-	-	8747498000.000	8479105250.250	+3%	22046135500.250	-60%	23443276650.100	-63%	23207409025.050	-62%
Usd Book Value Change Per Share	-	-	0.333	0.686	-51%	-80.840	+24346%	-5.223	+1666%	-1.428	+528%
Usd Book Value Per Share	-	-	50.721	49.141	+3%	125.879	-60%	135.536	-63%	134.366	-62%
Usd Dividend Per Share	-	-	-	0.319	-100%	0.428	-100%	0.283	-100%	0.215	-100%
Usd Eps	-	-	1.230	1.229	+0%	1.251	-2%	0.747	+65%	0.552	+123%
Usd Free Cash Flow	-	-	-	183998000.000	-100%	325144500.000	-100%	175960850.000	-100%	130668725.000	-100%
Usd Market Cap	7912648320.000	-11%	8755997280.000	7746401752.500	+13%	7566715392.500	+16%	7744503637.000	+13%	7725787434.500	+13%
Usd Price Per Share	45.880	-11%	50.770	44.898	+13%	43.528	+17%	44.832	+13%	44.760	+13%
Usd Profit	-	-	212160000.000	214749000.000	-1%	220508500.000	-4%	131837750.000	+61%	97917850.000	+117%
Usd Revenue	-	-	621592000.000	742030500.000	-16%	505685500.000	+23%	428904350.000	+45%	340796400.000	+82%
Usd Total Gains Per Share	-	-	0.333	1.006	-67%	-80.412	+24218%	-4.940	+1582%	-1.213	+464%
	EOD	+3 -4	MRQ	TTM	+15 -17	YOY	+10 -22	5Y	+16 -16	10Y	+16 -16

4.2. Fundamental Score

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

Penke's Stock Scanner

Indicator	Condition		Value
Price to Earnings Ratio (EOD)	Between	0-15	9.324
Price to Book Ratio (EOD)	Between	0-1	0.905
Net Profit Margin (MRQ)	Greater than	0	0.341
Operating Margin (MRQ)	Greater than	0	0.453
Quick Ratio (MRQ)	Greater than	1	0.186
Current Ratio (MRQ)	Greater than	1	0.186
Debt to Asset Ratio (MRQ)	Less than	1	0.885
Debt to Equity Ratio (MRQ)	Less than	1	7.707
Return on Equity (MRQ)	Greater than	0.15	0.024
Return on Assets (MRQ)	Greater than	0.05	0.003
Total			5/10 (50.0%)

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 Webster Financial Corporation based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	48.235
Ma 20	Greater than	Ma 50	45.438
Ma 50	Greater than	Ma 100	47.403
Ma 100	Greater than	Ma 200	48.351
Open	Greater than	Close	46.100
Total			2/5 (40.0%)

Create your own Symbol Scanner

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

Reversals in quarterly reports

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

		2023-03-31		2023-06-30		2023-09-30		2023-12-31		2024-03-31
EBITDA		531,975	124,401	656,376	-369,037	287,339	-278,721	8,618	-46,198	-37,580
Depreciation and Amortization		9,497	-304	9,193	-294	8,899	-281	8,618	-327,704	-319,086

Latest Balance Sheet

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

Summary

Total Assets	76,161,693
Total Liabilities	67,414,195
Total Stockholder Equity	8,747,498

	As reported
Total Liabilities	67,414,195
Total Stockholder Equity	+ 8,747,498
Total Assets	= 76,161,693

Assets

Total Assets	76,161,693
Total Current Assets	322,041
Long-term Assets	75,839,652

Total Current Assets

Total Current Assets (as reported)	322,041
Cash And Cash Equivalents	322,041
Total Current Assets (calculated)	322,041
+/-	0

Long-term Assets

Long-term Assets (as reported)	75,839,652
Property Plant Equipment	423,128
Intangible Assets	3,250,909
Long-term Assets Other	72,165,615
Long-term Assets (calculated)	75,839,652
+/-	0

Liabilities & Shareholders' Equity

Total Current Liabilities	1,730,116
Long-term Liabilities	65,684,079
Total Stockholder Equity	8,747,498

Total Current Liabilities

Total Current Liabilities (as reported)	1,730,116
Total Current Liabilities (calculated)	0
+/-	1,730,116

Long-term Liabilities

Long-term Liabilities (as reported)	65,684,079
Long-term Liabilities (calculated)	0
+/-	65,684,079

Total Stockholder Equity

Total Stockholder Equity (as reported)	8,747,498
Common Stock	8,463,519
Total Stockholder Equity (calculated)	8,463,519
+/-	283,979

Other

Cash and Short Term Investments	322,041
Common Stock Shares Outstanding	170,704
Liabilities and Stockholders Equity	76,161,693
Net Debt	4,252,409
Net Working Capital	-1,408,075
Short Long Term Debt Total	4,574,450

Balance Sheet

Currency in USD. All numbers in thousands.

Trend

2024-03-31

2023-12-31

2023-09-30

2023-06-30

2023-03-31

2022-12-31

2022-09-30

2022-06-30

2022-03-31

2021-12-31

2021-09-30

2021-06-30

2021-03-31

2020-12-31

2020-09-30

2020-06-30

2020-03-31

2019-12-31

2019-09-30

2019-06-30

2019-03-31

2018-12-31

2018-09-30

2018-06-30

2018-03-31

2017-12-31

2017-09-30

2017-06-30

2017-03-31

2016-12-31

2016-09-30

2016-06-30

2016-03-31

2015-12-31

2015-09-30

2015-06-30

2015-03-31

2014-12-31

2014-09-30

2014-06-30

2014-03-31

2013-12-31

2013-09-30

2013-06-30

2013-03-31

2012-12-31

2012-09-30

2012-06-30

2012-03-31

2011-12-31

2011-09-30

2011-06-30

2011-03-31

2010-12-31

2010-09-30

2010-06-30

2010-03-31

2009-12-31

2009-09-30

2009-06-30

2009-03-31

2008-12-31

2008-09-30

2008-06-30

2008-03-31

2007-12-31

2007-09-30

2007-06-30

2007-03-31

2006-12-31

2006-09-30

2006-06-30

2006-03-31

2005-12-31

2005-09-30

2005-06-30

2005-03-31

2004-12-31

2004-09-30

2004-06-30

2004-03-31

2003-12-31

2003-09-30

2003-06-30

2003-03-31

2002-12-31

2002-09-30

2002-06-30

2002-03-31

2001-12-31

2001-09-30

2001-06-30

2001-03-31

2000-12-31

2000-09-30

2000-06-30

2000-03-31

1999-12-31

1999-09-30

1999-06-30

1999-03-31

1998-12-31

1998-09-30

1998-06-30

1998-03-31

1997-12-31

1997-09-30

1997-06-30

1997-03-31

1996-12-31

1996-09-30

1996-06-30

1996-03-31

1995-12-31

1995-09-30

1995-06-30

1995-03-31

1994-12-31

1994-09-30

1994-06-30

1994-03-31

1993-12-31

1993-09-30

1993-06-30

1993-03-31

1992-12-31

1992-09-30

1992-06-30

1992-03-31

1991-12-31

1991-09-30

1991-06-30

1991-03-31

1990-12-31

1990-09-30

1990-06-30

1990-03-31

1989-12-31

1989-09-30

1989-06-30

1989-03-31

1988-12-31

1988-09-30

1988-06-30

1988-03-31

1987-12-31

1987-09-30

1987-06-30

1987-03-31

> Total Assets

0
0
0
0
0
0
0
0
0
699,000
701,300
708,500
698,800
708,600
701,600
703,800
714,100
730,300
922,300
888,300
885,500
883,000
880,100
2,063,200
2,079,700
2,063,300
2,105,700
2,167,800
2,711,200
2,740,300
2,752,900
2,761,400
2,786,100
2,891,400
3,034,600
3,219,700
3,813,200
3,837,200
3,984,500
3,917,600
5,583,600
5,943,800
6,811,000
7,019,600
7,558,800
9,189,100
9,163,700
9,033,900
8,848,700
9,057,000
8,997,100
9,931,744
10,060,974
11,188,328
11,256,550
11,249,508
11,703,555
11,818,562
11,622,251
11,857,382
12,342,100
12,490,379
13,273,573
13,468,004
14,355,659
14,452,572
14,608,783
14,568,690
15,090,270
17,025,870
17,802,242
17,020,597
17,412,828
17,472,197
17,807,056
17,836,562
17,907,186
18,022,142
18,138,814
17,097,471
16,879,200
16,947,256
16,845,407
17,201,960
17,243,562
17,478,636
17,516,037
17,583,537
17,256,734
17,452,576
17,808,286
17,739,197
18,024,715
17,743,148
17,800,258
18,038,068
17,964,946
17,806,828
18,228,093
18,714,340
19,134,142
19,429,749
19,729,662
20,146,765
20,110,538
20,329,238
20,609,554
20,852,999
21,175,745
21,524,337
21,826,882
22,533,010
23,106,688
23,620,786
24,069,782
24,677,820
24,935,509
25,120,466
25,633,617
26,064,664
26,002,916
26,174,930
26,350,182
26,487,645
26,752,147
27,036,737
27,346,317
27,610,315
28,238,129
28,942,043
29,895,100
30,389,344
31,654,874
32,708,617
32,994,443
32,590,690
33,259,037
33,753,752
35,374,258
34,915,599
65,131,484
67,595,021
69,052,566
71,277,521
74,844,395
74,038,243
73,130,851
75,158,733
76,161,693

76,161,693

75,158,733

73,130,851

74,038,243

74,844,395

71,277,521

69,052,566

67,595,021

65,131,484

34,915,599

35,374,258

33,753,752

33,259,037

32,590,690

32,994,443

32,708,617

31,654,874

30,389,344

29,895,100

28,942,043

28,238,129

27,610,315

27,346,317

27,036,737

26,752,147

26,487,645

26,350,182

26,174,930

26,002,916

26,064,664

25,633,617

25,120,466

24,935,509

24,677,820

24,069,782

23,620,786

23,106,688

22,533,010

21,826,882

21,524,337

21,175,745

20,852,999

20,609,554

20,329,238

20,110,538

20,146,765

19,729,662

19,429,749

19,134,142

18,714,340

18,228,093

17,806,828

17,964,946

18,038,068

17,800,258

17,743,148

18,024,715

17,739,197

17,808,286

17,452,576

17,256,734

17,583,537

17,516,037

17,478,636

17,243,562

17,201,960

16,845,407

16,947,256

16,879,200

17,097,471

18,138,814

18,022,142

17,907,186

17,836,562

17,807,056

17,472,197

17,412,828

17,020,597

17,802,242

17,025,870

15,090,270

14,568,690

14,608,783

14,452,572

14,355,659

13,468,004

13,273,573

12,490,379

12,342,100

11,857,382

11,622,251

11,818,562

11,703,555

11,249,508

11,256,550

11,188,328

10,060,974

9,931,744

8,997,100

9,057,000

8,848,700

9,033,900

9,163,700

9,189,100

7,558,800

7,019,600

6,811,000

5,943,800

5,583,600

3,917,600

3,984,500

3,837,200

3,813,200

3,219,700

3,034,600

2,891,400

2,786,100

2,761,400

2,752,900

2,740,300

2,711,200

2,167,800

2,105,700

2,063,300

2,079,700

2,063,200

880,100

883,000

885,500

888,300

922,300

730,300

714,100

703,800

701,600

708,600

698,800

708,500

701,300

699,000

> Total Current Assets

0
0
0
0
0
0
0
0
0
25,500
22,300
32,900
22,400
25,000
16,900
35,800
55,100
39,300
177,800
77,100
41,200
34,700
48,500
64,400
54,500
57,100
33,200
44,200
121,300
61,500
67,000
105,500
98,500
84,200
130,300
91,800
142,100
110,600
163,700
109,300
145,200
161,800
255,900
193,600
158,200
206,900
192,400
232,500
266,700
223,900
231,000
342,539
267,600
335,007
314,315
336,519
306,387
402,100
319,210
309,133
259,560
300,800
271,086
336,660
310,203
308,679
267,657
261,990
281,434
312,555
300,261
329,860
413,717
389,756
343,112
379,485
362,143
413,341
337,278
402,453
355,939
378,301
351,583
387,086
351,914
396,540
297,025
536,015
488,746
542,779
604,062
879,724
807,442
541,618
524,823
471,854
534,761
497,217
510,812
529,061
496,542
528,487
504,422
3,746,390
3,750,207
3,719,343
3,727,090
3,614,908
3,560,992
3,577,398
3,478,065
3,489,416
3,625,427
3,472,857
3,611,473
3,720,789
3,722,000
3,570,034
3,626,550
3,497,812
3,399,380
3,379,307
3,128,707
3,181,500
3,269,736
3,363,531
3,427,356
3,541,485
3,562,353
3,648,638
3,765,855
3,639,108
3,986,315
4,195,635
4,220,321
4,216,431
5,195,152
5,459,395
6,585,842
5,227,893
10,948,726
10,964,564
9,840,459
9,774,990
2,246,771
1,360,759
1,773,831
2,053,804
322,041

322,041

2,053,804

1,773,831

1,360,759

2,246,771

9,774,990

9,840,459

10,964,564

10,948,726

5,227,893

6,585,842

5,459,395

5,195,152

4,216,431

4,220,321

4,195,635

3,986,315

3,639,108

3,765,855

3,648,638

3,562,353

3,541,485

3,427,356

3,363,531

3,269,736

3,181,500

3,128,707

3,379,307

3,399,380

3,497,812

3,626,550

3,570,034

3,722,000

3,720,789

3,611,473

3,472,857

3,625,427

3,489,416

3,478,065

3,577,398

3,560,992

3,614,908

3,727,090

3,719,343

3,750,207

3,746,390

504,422

528,487

496,542

529,061

510,812

497,217

534,761

471,854

524,823

541,618

807,442

879,724

604,062

542,779

488,746

536,015

297,025

396,540

351,914

387,086

351,583

378,301

355,939

402,453

337,278

413,341

362,143

379,485

343,112

389,756

413,717

329,860

300,261

312,555

281,434

261,990

267,657

308,679

310,203

336,660

271,086

300,800

259,560

309,133

319,210

402,100

306,387

336,519

314,315

335,007

267,600

342,539

231,000

223,900

266,700

232,500

192,400

206,900

158,200

193,600

255,900

161,800

145,200

109,300

163,700

110,600

142,100

91,800

130,300

84,200

98,500

105,500

67,000

61,500

121,300

44,200

33,200

57,100

54,500

64,400

48,500

34,700

41,200

77,100

177,800

39,300

55,100

35,800

16,900

25,000

22,400

32,900

22,300

25,500

Cash And Cash Equivalents

0
0
0
0
0
0
0
0
0
19,500
15,800
26,300
15,700
17,800
10,700
29,800
49,600
33,500
172,200
71,300
35,400
29,300
43,100
52,800
42,900
45,400
21,300
32,300
107,500
46,000
50,700
88,900
81,800
66,500
110,600
70,200
117,500
87,100
138,100
85,200
114,300
129,000
215,800
152,800
113,200
153,600
136,500
177,500
209,500
168,000
171,000
283,621
204,337
267,414
242,534
266,786
237,489
338,010
257,402
254,845
200,632
244,257
212,606
282,059
252,066
254,645
214,566
209,234
230,137
252,818
234,449
266,454
345,764
322,376
269,859
293,706
267,541
327,622
243,434
311,888
269,061
293,223
264,929
306,654
274,321
323,480
221,195
259,208
208,862
254,638
173,437
171,184
158,065
179,490
174,971
212,660
275,673
254,044
256,016
292,019
250,948
270,827
244,319
350,488
170,009
211,669
284,939
247,290
281,779
306,537
312,522
394,239
353,267
347,733
271,155
407,165
225,979
263,055
221,927
220,124
222,194
265,470
242,236
256,786
210,826
299,282
321,980
329,499
220,659
217,480
302,831
257,895
267,940
303,124
241,800
263,104
1,371,661
1,579,893
2,604,159
461,570
793,213
901,805
613,125
839,943
2,246,771
1,360,759
1,773,831
1,715,795
322,041

322,041

1,715,795

1,773,831

1,360,759

2,246,771

839,943

613,125

901,805

793,213

461,570

2,604,159

1,579,893

1,371,661

263,104

241,800

303,124

267,940

257,895

302,831

217,480

220,659

329,499

321,980

299,282

210,826

256,786

242,236

265,470

222,194

220,124

221,927

263,055

225,979

407,165

271,155

347,733

353,267

394,239

312,522

306,537

281,779

247,290

284,939

211,669

170,009

350,488

244,319

270,827

250,948

292,019

256,016

254,044

275,673

212,660

174,971

179,490

158,065

171,184

173,437

254,638

208,862

259,208

221,195

323,480

274,321

306,654

264,929

293,223

269,061

311,888

243,434

327,622

267,541

293,706

269,859

322,376

345,764

266,454

234,449

252,818

230,137

209,234

214,566

254,645

252,066

282,059

212,606

244,257

200,632

254,845

257,402

338,010

237,489

266,786

242,534

267,414

204,337

283,621

171,000

168,000

209,500

177,500

136,500

153,600

113,200

152,800

215,800

129,000

114,300

85,200

138,100

87,100

117,500

70,200

110,600

66,500

81,800

88,900

50,700

46,000

107,500

32,300

21,300

45,400

42,900

52,800

43,100

29,300

35,400

71,300

172,200

33,500

49,600

29,800

10,700

17,800

15,700

26,300

15,800

19,500

Short-term Investments

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,751
0
0
0
35,937
0
0
0
15,596
0
0
26,196
42,420
22,130
39,887
25,783
17,629
79,676
13,088
9,224
36,302
11,889
59,666
9,562
175,648
6,161
8,222
80,270
5,112
4,042
2,996
6,449
22,154
19,942
8,216
360,618
390,310
162,193
40,041
65,255
2,413,776
2,195,109
2,143,072
2,500,151
2,874,764
3,144,867
3,153,580
3,120,354
3,136,160
3,318,238
3,257,360
3,193,772
3,106,931
3,008,856
2,980,031
2,873,886
2,793,873
2,968,109
2,837,158
3,015,417
2,984,631
3,080,469
2,921,950
3,040,111
2,991,091
2,897,060
2,807,966
2,591,162
2,638,037
2,773,506
2,780,581
2,823,953
2,898,730
2,977,316
2,978,657
2,960,103
2,925,833
3,016,631
3,183,624
3,304,217
3,326,776
3,313,980
3,262,893
3,410,443
4,234,854
8,744,897
8,638,358
8,085,044
7,892,697
41,593
33,164
47,286
36,958
0

36,958

47,286

33,164

41,593

7,892,697

8,085,044

8,638,358

8,744,897

4,234,854

3,410,443

3,262,893

3,313,980

3,326,776

3,304,217

3,183,624

3,016,631

2,925,833

2,960,103

2,978,657

2,977,316

2,898,730

2,823,953

2,780,581

2,773,506

2,638,037

2,591,162

2,807,966

2,897,060

2,991,091

3,040,111

2,921,950

3,080,469

2,984,631

3,015,417

2,837,158

2,968,109

2,793,873

2,873,886

2,980,031

3,008,856

3,106,931

3,193,772

3,257,360

3,318,238

3,136,160

3,120,354

3,153,580

3,144,867

2,874,764

2,500,151

2,143,072

2,195,109

2,413,776

65,255

40,041

162,193

390,310

360,618

8,216

19,942

22,154

6,449

2,996

4,042

5,112

80,270

8,222

6,161

175,648

9,562

59,666

11,889

36,302

9,224

13,088

79,676

17,629

25,783

39,887

22,130

42,420

26,196

15,596

35,937

1,751

Net Receivables

0
0
0
0
0
0
0
0
0
6,000
6,500
6,600
6,700
7,200
6,200
6,000
5,500
5,800
5,600
5,800
5,800
5,400
5,400
11,600
11,600
11,700
11,900
11,900
13,800
15,500
16,300
16,600
16,700
17,700
19,700
21,600
24,600
23,500
25,600
24,100
30,900
32,800
40,100
40,800
45,000
53,300
55,900
55,000
57,200
55,900
60,000
58,918
63,263
67,593
71,781
69,733
68,898
64,090
61,808
54,288
58,928
56,543
58,480
54,601
58,137
54,034
53,091
52,756
51,297
59,737
65,812
63,406
67,953
67,380
73,253
85,779
94,602
85,719
93,844
90,565
86,878
85,078
86,654
80,432
77,593
73,060
75,830
254,653
259,942
279,925
70,007
318,230
487,184
322,087
284,597
259,194
259,088
243,173
254,796
237,042
245,594
257,660
260,103
259,742
261,960
250,314
248,379
260,687
270,357
290,830
291,657
301,304
304,051
287,966
324,901
328,993
415,552
385,029
364,512
286,597
280,126
305,871
295,309
286,677
285,404
283,668
281,423
313,256
364,378
452,501
502,921
455,380
701,744
708,887
674,304
626,551
509,511
616,609
571,240
531,469
1,410,616
1,424,401
1,468,928
1,618,175
1,597,806
1,663,199
1,627,408
1,890,088
0

1,890,088

1,627,408

1,663,199

1,597,806

1,618,175

1,468,928

1,424,401

1,410,616

531,469

571,240

616,609

509,511

626,551

674,304

708,887

701,744

455,380

502,921

452,501

364,378

313,256

281,423

283,668

285,404

286,677

295,309

305,871

280,126

286,597

364,512

385,029

415,552

328,993

324,901

287,966

304,051

301,304

291,657

290,830

270,357

260,687

248,379

250,314

261,960

259,742

260,103

257,660

245,594

237,042

254,796

243,173

259,088

259,194

284,597

322,087

487,184

318,230

70,007

279,925

259,942

254,653

75,830

73,060

77,593

80,432

86,654

85,078

86,878

90,565

93,844

85,719

94,602

85,779

73,253

67,380

67,953

63,406

65,812

59,737

51,297

52,756

53,091

54,034

58,137

54,601

58,480

56,543

58,928

54,288

61,808

64,090

68,898

69,733

71,781

67,593

63,263

58,918

60,000

55,900

57,200

55,000

55,900

53,300

45,000

40,800

40,100

32,800

30,900

24,100

25,600

23,500

24,600

21,600

19,700

17,700

16,700

16,600

16,300

15,500

13,800

11,900

11,700

11,600

5,400

5,800

5,600

5,800

5,500

6,000

6,200

7,200

6,700

6,600

6,500

6,000

Other Current Assets

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,556,400
3,613,300
3,700,400
3,704,700
5,337,300
5,669,200
6,446,200
6,718,500
7,291,100
8,820,700
8,810,900
8,643,700
8,425,100
8,607,900
8,542,400
9,346,973
9,545,392
10,437,191
10,524,907
10,492,584
10,975,120
10,996,808
10,892,134
11,145,390
11,683,729
11,806,416
12,622,766
8,624,305
9,133,379
9,321,878
9,629,663
9,535,539
9,929,879
11,719,844
12,173,568
12,123,484
12,317,744
12,341,680
12,739,883
12,838,764
13,059,639
13,257,447
13,593,053
13,535,716
13,021,161
13,083,764
12,891,811
13,099,753
13,074,742
13,215,398
13,278,240
12,429,347
12,340,965
11,987,106
11,239,478
10,949,077
11,046,668
11,090,914
11,130,959
11,359,543
11,318,798
11,342,650
11,415,869
11,643,832
11,727,811
11,991,253
12,285,933
9,481,967
9,264,400
9,562,294
9,825,012
10,115,596
10,502,159
10,834,863
11,181,375
11,722,280
11,883,664
12,542,013
12,785,181
13,342,223
13,410,394
13,998,404
14,234,428
14,705,643
14,788,883
15,066,662
15,433,682
15,482,731
15,606,365
15,842,372
16,068,944
16,155,693
16,375,544
16,837,600
17,135,727
17,699,782
18,338,286
19,035,782
18,934,340
18,692,095
18,401,521
18,634,020
18,624,732
18,493,928
1,425,491
1,102,905
851,425
-575,825
2,680,171
1,679,605
2,499,980
2,053,804
0

2,053,804

2,499,980

1,679,605

2,680,171

-575,825

851,425

1,102,905

1,425,491

18,493,928

18,624,732

18,634,020

18,401,521

18,692,095

18,934,340

19,035,782

18,338,286

17,699,782

17,135,727

16,837,600

16,375,544

16,155,693

16,068,944

15,842,372

15,606,365

15,482,731

15,433,682

15,066,662

14,788,883

14,705,643

14,234,428

13,998,404

13,410,394

13,342,223

12,785,181

12,542,013

11,883,664

11,722,280

11,181,375

10,834,863

10,502,159

10,115,596

9,825,012

9,562,294

9,264,400

9,481,967

12,285,933

11,991,253

11,727,811

11,643,832

11,415,869

11,342,650

11,318,798

11,359,543

11,130,959

11,090,914

11,046,668

10,949,077

11,239,478

11,987,106

12,340,965

12,429,347

13,278,240

13,215,398

13,074,742

13,099,753

12,891,811

13,083,764

13,021,161

13,535,716

13,593,053

13,257,447

13,059,639

12,838,764

12,739,883

12,341,680

12,317,744

12,123,484

12,173,568

11,719,844

9,929,879

9,535,539

9,629,663

9,321,878

9,133,379

8,624,305

12,622,766

11,806,416

11,683,729

11,145,390

10,892,134

10,996,808

10,975,120

10,492,584

10,524,907

10,437,191

9,545,392

9,346,973

8,542,400

8,607,900

8,425,100

8,643,700

8,810,900

8,820,700

7,291,100

6,718,500

6,446,200

5,669,200

5,337,300

3,704,700

3,700,400

3,613,300

3,556,400

> Long-term Assets

0
0
0
0
0
0
0
0
0
114,300
171,500
164,500
159,000
161,000
156,000
154,600
147,000
177,000
219,100
277,200
317,000
329,800
306,900
397,400
461,200
484,900
558,200
552,000
619,500
705,800
855,100
827,300
885,500
981,800
1,091,300
1,085,300
1,061,400
1,142,100
1,270,700
1,174,200
1,879,100
2,192,900
2,726,800
2,894,700
3,433,600
3,898,500
3,848,600
3,619,800
3,358,100
3,336,500
3,143,500
3,309,133
3,410,109
3,744,767
3,753,328
3,825,485
4,112,391
4,240,794
4,154,404
4,401,992
4,621,138
4,593,936
4,518,101
4,507,039
4,912,077
4,822,015
4,711,463
4,771,161
4,878,957
4,993,471
5,328,413
4,567,253
4,681,367
4,740,761
4,724,061
4,618,313
4,485,404
4,351,354
4,208,483
3,159,302
3,502,100
3,485,191
3,602,013
3,715,121
3,816,906
3,866,698
3,940,772
4,618,175
4,427,023
4,922,691
5,714,727
5,910,396
6,170,605
6,110,616
6,144,476
6,206,671
6,111,387
5,966,961
6,301,412
6,541,447
6,909,789
6,910,009
6,939,307
6,918,408
7,095,931
7,047,601
7,057,452
7,122,495
7,112,594
7,112,076
7,167,442
7,321,314
7,597,597
7,605,916
7,673,128
7,614,808
7,803,115
7,552,028
7,772,639
7,861,209
7,814,653
7,728,961
7,787,793
7,823,414
7,876,046
7,830,834
7,850,017
7,913,137
8,300,232
8,455,805
8,993,518
9,050,454
9,330,273
9,477,200
9,839,782
9,682,164
9,662,364
9,660,337
10,163,684
11,193,778
18,335,508
18,365,485
3,525,498
3,515,264
3,301,931
3,287,285
3,283,434
73,104,929
75,839,652

75,839,652

73,104,929

3,283,434

3,287,285

3,301,931

3,515,264

3,525,498

18,365,485

18,335,508

11,193,778

10,163,684

9,660,337

9,662,364

9,682,164

9,839,782

9,477,200

9,330,273

9,050,454

8,993,518

8,455,805

8,300,232

7,913,137

7,850,017

7,830,834

7,876,046

7,823,414

7,787,793

7,728,961

7,814,653

7,861,209

7,772,639

7,552,028

7,803,115

7,614,808

7,673,128

7,605,916

7,597,597

7,321,314

7,167,442

7,112,076

7,112,594

7,122,495

7,057,452

7,047,601

7,095,931

6,918,408

6,939,307

6,910,009

6,909,789

6,541,447

6,301,412

5,966,961

6,111,387

6,206,671

6,144,476

6,110,616

6,170,605

5,910,396

5,714,727

4,922,691

4,427,023

4,618,175

3,940,772

3,866,698

3,816,906

3,715,121

3,602,013

3,485,191

3,502,100

3,159,302

4,208,483

4,351,354

4,485,404

4,618,313

4,724,061

4,740,761

4,681,367

4,567,253

5,328,413

4,993,471

4,878,957

4,771,161

4,711,463

4,822,015

4,912,077

4,507,039

4,518,101

4,593,936

4,621,138

4,401,992

4,154,404

4,240,794

4,112,391

3,825,485

3,753,328

3,744,767

3,410,109

3,309,133

3,143,500

3,336,500

3,358,100

3,619,800

3,848,600

3,898,500

3,433,600

2,894,700

2,726,800

2,192,900

1,879,100

1,174,200

1,270,700

1,142,100

1,061,400

1,085,300

1,091,300

981,800

885,500

827,300

855,100

705,800

619,500

552,000

558,200

484,900

461,200

397,400

306,900

329,800

317,000

277,200

219,100

177,000

147,000

154,600

156,000

161,000

159,000

164,500

171,500

114,300

Property Plant Equipment

0
0
0
0
0
0
0
0
0
6,600
6,800
6,600
6,400
6,300
6,300
6,600
6,500
6,400
6,400
8,400
20,100
18,400
17,800
23,100
46,100
45,500
24,700
46,300
70,500
68,300
58,500
56,700
52,600
30,400
30,500
40,700
67,500
66,400
74,800
59,300
56,100
69,300
58,400
58,600
62,100
77,900
79,400
79,300
78,900
85,900
88,600
103,403
107,095
114,093
104,803
94,263
87,839
85,495
84,511
82,808
82,209
81,802
82,667
84,683
82,525
85,062
85,521
95,631
99,866
132,842
136,385
149,069
161,635
171,579
179,463
182,856
184,831
188,125
189,562
195,909
196,232
194,412
197,852
193,063
192,928
190,273
188,443
185,928
182,629
179,625
179,353
178,422
171,178
164,865
160,774
157,724
155,464
152,009
148,274
147,379
141,088
137,420
135,394
134,562
127,609
122,704
121,250
121,605
121,473
119,840
118,608
121,933
123,548
123,828
127,216
129,426
134,212
134,482
137,067
137,413
134,551
131,833
130,358
130,001
127,196
127,973
128,507
124,850
279,580
278,227
278,642
270,413
268,420
258,392
250,535
226,743
220,982
215,716
209,573
204,557
490,004
449,578
434,721
430,184
431,432
426,310
431,698
429,561
423,128

423,128

429,561

431,698

426,310

431,432

430,184

434,721

449,578

490,004

204,557

209,573

215,716

220,982

226,743

250,535

258,392

268,420

270,413

278,642

278,227

279,580

124,850

128,507

127,973

127,196

130,001

130,358

131,833

134,551

137,413

137,067

134,482

134,212

129,426

127,216

123,828

123,548

121,933

118,608

119,840

121,473

121,605

121,250

122,704

127,609

134,562

135,394

137,420

141,088

147,379

148,274

152,009

155,464

157,724

160,774

164,865

171,178

178,422

179,353

179,625

182,629

185,928

188,443

190,273

192,928

193,063

197,852

194,412

196,232

195,909

189,562

188,125

184,831

182,856

179,463

171,579

161,635

149,069

136,385

132,842

99,866

95,631

85,521

85,062

82,525

84,683

82,667

81,802

82,209

82,808

84,511

85,495

87,839

94,263

104,803

114,093

107,095

103,403

88,600

85,900

78,900

79,300

79,400

77,900

62,100

58,600

58,400

69,300

56,100

59,300

74,800

66,400

67,500

40,700

30,500

30,400

52,600

56,700

58,500

68,300

70,500

46,300

24,700

45,500

46,100

23,100

17,800

18,400

20,100

8,400

6,400

6,500

6,600

6,300

6,400

6,600

6,800

6,600

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
47,200
46,900
45,600
44,300
45,000
43,500
50,500
48,900
47,400
83,600
81,000
78,400
78,000
139,300
135,100
138,829
140,887
302,037
312,525
326,142
334,209
334,159
326,396
320,051
316,602
301,361
297,054
297,359
320,942
316,989
257,820
274,113
269,760
603,719
603,470
623,298
639,512
642,732
643,086
642,889
698,557
695,014
692,388
770,001
771,662
770,489
770,596
728,038
728,038
719,538
718,525
529,887
529,887
529,887
529,887
529,887
529,887
529,887
529,887
529,887
529,887
529,887
529,887
529,887
529,887
529,887
529,887
529,887
529,887
529,887
529,887
529,887
529,887
529,887
529,887
529,887
538,373
538,373
538,373
538,373
538,373
538,373
538,373
538,373
538,373
538,373
538,373
538,373
538,373
538,373
538,373
538,373
538,373
538,373
538,373
538,373
538,373
538,373
538,373
538,373
538,373
538,373
538,373
538,373
2,513,771
2,513,771
2,513,771
2,514,104
2,631,465
2,631,465
2,631,465
2,631,465
0

2,631,465

2,514,104

2,513,771

538,373

529,887

718,525

719,538

728,038

770,596

770,489

771,662

770,001

692,388

695,014

698,557

642,889

643,086

642,732

639,512

623,298

603,470

603,719

269,760

274,113

257,820

316,989

320,942

297,359

297,054

301,361

316,602

320,051

326,396

334,159

334,209

326,142

312,525

302,037

140,887

138,829

135,100

139,300

78,000

78,400

81,000

83,600

47,400

48,900

50,500

43,500

45,000

44,300

45,600

46,900

47,200

Long Term Investments

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
13,839,205
13,937,958
13,882,557
13,933,373
0
0
0
0
15,066,729
15,042,067
12,164,012
12,360,613
15,926,726
16,303,968
16,630,986
17,025,082
17,681,668
18,077,311
18,737,223
19,033,072
19,456,888
19,726,868
20,065,928
20,524,386
21,060,503
21,136,140
21,332,705
21,774,784
21,832,144
22,028,274
22,193,538
22,458,782
22,590,425
26,080,992
26,692,825
27,523,179
28,083,694
23,595,672
24,674,065
24,815,447
30,190,760
29,872,367
8,886,136
9,396,751
10,432,979
15,107,151
15,186,356
898
14,457,394
14,862,200
14,703,125
14,529,163
16,034,317
0

16,034,317

14,529,163

14,703,125

14,862,200

14,457,394

898

15,186,356

15,107,151

10,432,979

9,396,751

8,886,136

29,872,367

30,190,760

24,815,447

24,674,065

23,595,672

28,083,694

27,523,179

26,692,825

26,080,992

22,590,425

22,458,782

22,193,538

22,028,274

21,832,144

21,774,784

21,332,705

21,136,140

21,060,503

20,524,386

20,065,928

19,726,868

19,456,888

19,033,072

18,737,223

18,077,311

17,681,668

17,025,082

16,630,986

16,303,968

15,926,726

12,360,613

12,164,012

15,042,067

15,066,729

13,933,373

13,882,557

13,937,958

13,839,205

Intangible Assets

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
140,887
302,037
312,525
326,142
334,209
334,159
326,396
320,051
316,602
301,361
297,054
297,359
320,942
316,989
57,736
56,816
52,723
77,533
72,706
70,867
74,978
65,655
60,654
55,681
698,557
695,014
692,388
55,011
51,538
47,933
45,875
39,977
38,429
36,965
35,501
34,039
32,575
31,126
29,705
26,865
25,468
24,071
22,674
21,277
19,880
18,483
17,087
15,690
14,293
12,896
11,512
10,270
9,028
7,786
6,544
5,351
4,183
3,515
3,082
2,666
44,378
42,535
40,914
39,326
37,772
36,249
34,756
33,674
32,619
31,591
30,589
29,611
28,650
27,688
26,726
25,764
24,803
23,841
22,879
21,917
20,955
19,994
23,529
22,383
21,244
20,112
18,987
17,869
224,582
215,780
207,269
199,342
239,034
229,510
220,271
203,135
3,250,909

3,250,909

203,135

220,271

229,510

239,034

199,342

207,269

215,780

224,582

17,869

18,987

20,112

21,244

22,383

23,529

19,994

20,955

21,917

22,879

23,841

24,803

25,764

26,726

27,688

28,650

29,611

30,589

31,591

32,619

33,674

34,756

36,249

37,772

39,326

40,914

42,535

44,378

2,666

3,082

3,515

4,183

5,351

6,544

7,786

9,028

10,270

11,512

12,896

14,293

15,690

17,087

18,483

19,880

21,277

22,674

24,071

25,468

26,865

29,705

31,126

32,575

34,039

35,501

36,965

38,429

39,977

45,875

47,933

51,538

55,011

692,388

695,014

698,557

55,681

60,654

65,655

74,978

70,867

72,706

77,533

52,723

56,816

57,736

316,989

320,942

297,359

297,054

301,361

316,602

320,051

326,396

334,159

334,209

326,142

312,525

302,037

140,887

Earning Assets

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
7,637,837
7,779,636
8,372,534
8,477,404
8,736,094
8,906,135
9,206,556
9,056,173
10,187,967
10,353,808
11,940,446
10,833,694
0
0
0
0
0
0
0
0
0

10,833,694

11,940,446

10,353,808

10,187,967

9,056,173

9,206,556

8,906,135

8,736,094

8,477,404

8,372,534

7,779,636

7,637,837

Other Assets

0
0
0
0
0
0
0
0
0
559,200
507,500
511,100
517,400
522,600
528,700
513,400
512,000
514,000
525,400
534,000
527,300
518,500
524,700
1,601,400
1,564,000
1,521,300
1,514,300
1,571,600
1,970,400
1,973,000
1,830,800
1,828,600
1,802,100
1,825,400
1,813,000
2,042,600
2,609,700
2,584,500
2,550,100
2,634,100
3,559,300
3,589,100
3,828,300
3,931,300
3,967,000
5,083,700
5,122,700
5,181,600
5,223,900
5,496,600
5,622,600
6,280,072
6,383,265
7,108,554
7,188,907
7,087,504
7,284,777
7,175,668
7,148,637
7,146,257
7,461,402
7,595,643
8,484,386
8,624,305
9,133,379
9,321,878
9,629,663
9,535,539
9,929,879
11,719,844
12,173,568
12,123,484
12,317,744
12,341,680
12,739,883
12,838,764
13,059,639
13,257,447
13,593,053
13,535,716
13,021,161
13,083,764
12,891,811
13,099,753
13,074,742
13,215,398
13,278,240
12,429,347
12,340,965
11,987,106
11,489,497
10,949,077
11,046,668
11,090,914
11,130,959
11,359,543
11,318,798
11,342,650
11,415,869
11,643,832
11,727,811
11,991,253
12,285,933
9,481,967
9,264,400
9,562,294
9,825,012
10,115,596
10,502,159
10,834,863
11,181,375
11,722,280
11,883,664
12,542,013
12,785,181
13,342,223
13,410,394
13,998,404
14,234,428
14,705,643
14,788,883
15,066,662
15,433,682
15,482,731
15,606,365
15,842,372
16,068,944
16,155,693
16,375,544
16,837,600
17,135,727
17,699,782
18,338,286
19,035,782
18,934,340
18,692,095
18,401,521
18,634,020
18,624,732
18,493,928
35,847,250
38,264,972
55,686,609
57,987,267
69,295,693
69,390,199
68,073,586
0
0

68,073,586

69,390,199

69,295,693

57,987,267

55,686,609

38,264,972

35,847,250

18,493,928

18,624,732

18,634,020

18,401,521

18,692,095

18,934,340

19,035,782

18,338,286

17,699,782

17,135,727

16,837,600

16,375,544

16,155,693

16,068,944

15,842,372

15,606,365

15,482,731

15,433,682

15,066,662

14,788,883

14,705,643

14,234,428

13,998,404

13,410,394

13,342,223

12,785,181

12,542,013

11,883,664

11,722,280

11,181,375

10,834,863

10,502,159

10,115,596

9,825,012

9,562,294

9,264,400

9,481,967

12,285,933

11,991,253

11,727,811

11,643,832

11,415,869

11,342,650

11,318,798

11,359,543

11,130,959

11,090,914

11,046,668

10,949,077

11,489,497

11,987,106

12,340,965

12,429,347

13,278,240

13,215,398

13,074,742

13,099,753

12,891,811

13,083,764

13,021,161

13,535,716

13,593,053

13,257,447

13,059,639

12,838,764

12,739,883

12,341,680

12,317,744

12,123,484

12,173,568

11,719,844

9,929,879

9,535,539

9,629,663

9,321,878

9,133,379

8,624,305

8,484,386

7,595,643

7,461,402

7,146,257

7,148,637

7,175,668

7,284,777

7,087,504

7,188,907

7,108,554

6,383,265

6,280,072

5,622,600

5,496,600

5,223,900

5,181,600

5,122,700

5,083,700

3,967,000

3,931,300

3,828,300

3,589,100

3,559,300

2,634,100

2,550,100

2,584,500

2,609,700

2,042,600

1,813,000

1,825,400

1,802,100

1,828,600

1,830,800

1,973,000

1,970,400

1,571,600

1,514,300

1,521,300

1,564,000

1,601,400

524,700

518,500

527,300

534,000

525,400

514,000

512,000

513,400

528,700

522,600

517,400

511,100

507,500

559,200

> Total Liabilities

0
0
0
0
0
0
0
0
0
140,500
133,000
639,900
105,100
109,300
105,600
88,600
80,400
76,400
82,100
65,500
75,000
66,600
60,300
1,953,200
232,000
248,200
257,000
309,000
327,700
411,500
452,700
410,700
425,100
2,741,800
130,100
553,100
406,700
477,700
685,200
552,400
1,081,100
1,446,400
1,039,000
6,487,800
7,009,400
8,441,100
8,398,200
8,279,400
2,534,300
2,476,400
8,224,700
9,096,500
1,886,850
2,382,892
10,228,991
2,380,074
10,619,068
1,856,967
2,204,763
2,531,179
2,399,579
2,196,984
12,090,065
2,289,029
13,154,381
13,233,431
2,475,762
13,406,218
13,868,731
15,565,377
16,274,683
15,467,046
15,839,657
15,851,709
16,161,597
16,179,759
16,256,847
16,367,611
16,446,090
1,696,869
1,278,800
1,187,572
1,294,681
1,702,871
1,535,970
2,073,565
2,012,935
2,023,793
1,333,262
1,253,643
1,252,810
1,133,070
1,162,918
1,216,445
1,058,239
1,350,842
973,934
969,808
1,315,442
1,805,198
1,826,784
2,002,030
1,788,338
2,161,888
2,133,272
1,857,445
1,831,615
2,280,786
2,580,018
2,443,502
2,516,412
3,085,668
1,810,624
2,735,582
2,835,539
2,890,495
2,588,454
2,688,444
2,813,433
3,068,422
2,148,409
1,993,397
1,733,385
1,902,872
1,427,860
1,802,850
1,667,841
2,052,829
1,476,033
1,965,035
1,942,007
2,488,840
2,344,611
1,093,350
1,002,089
29,356,065
705,034
703,741
677,448
31,477,274
1,089,177
3,587,369
61,226,156
63,221,335
66,550,101
65,758,517
64,931,650
66,468,737
67,414,195

67,414,195

66,468,737

64,931,650

65,758,517

66,550,101

63,221,335

61,226,156

3,587,369

1,089,177

31,477,274

677,448

703,741

705,034

29,356,065

1,002,089

1,093,350

2,344,611

2,488,840

1,942,007

1,965,035

1,476,033

2,052,829

1,667,841

1,802,850

1,427,860

1,902,872

1,733,385

1,993,397

2,148,409

3,068,422

2,813,433

2,688,444

2,588,454

2,890,495

2,835,539

2,735,582

1,810,624

3,085,668

2,516,412

2,443,502

2,580,018

2,280,786

1,831,615

1,857,445

2,133,272

2,161,888

1,788,338

2,002,030

1,826,784

1,805,198

1,315,442

969,808

973,934

1,350,842

1,058,239

1,216,445

1,162,918

1,133,070

1,252,810

1,253,643

1,333,262

2,023,793

2,012,935

2,073,565

1,535,970

1,702,871

1,294,681

1,187,572

1,278,800

1,696,869

16,446,090

16,367,611

16,256,847

16,179,759

16,161,597

15,851,709

15,839,657

15,467,046

16,274,683

15,565,377

13,868,731

13,406,218

2,475,762

13,233,431

13,154,381

2,289,029

12,090,065

2,196,984

2,399,579

2,531,179

2,204,763

1,856,967

10,619,068

2,380,074

10,228,991

2,382,892

1,886,850

9,096,500

8,224,700

2,476,400

2,534,300

8,279,400

8,398,200

8,441,100

7,009,400

6,487,800

1,039,000

1,446,400

1,081,100

552,400

685,200

477,700

406,700

553,100

130,100

2,741,800

425,100

410,700

452,700

411,500

327,700

309,000

257,000

248,200

232,000

1,953,200

60,300

66,600

75,000

65,500

82,100

76,400

80,400

88,600

105,600

109,300

105,100

639,900

133,000

140,500

> Total Current Liabilities

0
0
0
0
0
0
0
0
0
0
0
13,000
0
0
0
0
0
0
0
0
0
0
0
130,000
0
0
0
0
0
0
0
0
0
402,000
0
0
0
0
0
0
0
0
0
2,007,400
2,422,700
1,057,300
1,046,800
2,104,900
2,534,300
2,476,400
1,366,400
833,860
0
2,382,892
1,626,655
0
1,181,572
0
0
10,565,000
11,045,000
11,153,000
580,542
12,176,000
4,915,651
2,480,666
12,985,000
1,463,099
1,388,024
1,261,589
1,356,000
1,607,368
1,340,909
1,318,982
695,500
1,213,468
1,417,103
858,784
621,902
893,206
943,802
899,852
994,624
1,238,012
1,642,320
1,275,024
1,688,728
1,570,971
1,146,852
1,015,099
872,030
856,846
849,876
960,197
1,048,362
1,091,477
857,394
1,079,866
1,220,905
1,164,706
1,268,589
1,203,378
1,310,015
1,076,160
1,033,767
17,972,000
18,213,000
18,416,000
18,560,000
19,014,000
19,290,000
19,984,000
20,525,000
21,015,000
21,441,000
22,002,000
22,273,000
22,419,000
22,897,000
23,320,000
23,217,000
23,344,000
23,485,000
23,560,000
23,810,000
24,049,000
24,304,000
24,497,779
24,747,571
25,338,447
26,193,548
26,641,210
27,993,420
28,963,809
27,305,631
24,414
28,625,787
29,213,182
30,654,750
22,773
55,346,439
39,380,184
39,500,190
34,430,162
38,236,383
36,213,071
34,709,417
39,592,537
1,730,116

1,730,116

39,592,537

34,709,417

36,213,071

38,236,383

34,430,162

39,500,190

39,380,184

55,346,439

22,773

30,654,750

29,213,182

28,625,787

24,414

27,305,631

28,963,809

27,993,420

26,641,210

26,193,548

25,338,447

24,747,571

24,497,779

24,304,000

24,049,000

23,810,000

23,560,000

23,485,000

23,344,000

23,217,000

23,320,000

22,897,000

22,419,000

22,273,000

22,002,000

21,441,000

21,015,000

20,525,000

19,984,000

19,290,000

19,014,000

18,560,000

18,416,000

18,213,000

17,972,000

1,033,767

1,076,160

1,310,015

1,203,378

1,268,589

1,164,706

1,220,905

1,079,866

857,394

1,091,477

1,048,362

960,197

849,876

856,846

872,030

1,015,099

1,146,852

1,570,971

1,688,728

1,275,024

1,642,320

1,238,012

994,624

899,852

943,802

893,206

621,902

858,784

1,417,103

1,213,468

695,500

1,318,982

1,340,909

1,607,368

1,356,000

1,261,589

1,388,024

1,463,099

12,985,000

2,480,666

4,915,651

12,176,000

580,542

11,153,000

11,045,000

10,565,000

1,181,572

1,626,655

2,382,892

833,860

1,366,400

2,476,400

2,534,300

2,104,900

1,046,800

1,057,300

2,422,700

2,007,400

402,000

130,000

13,000

Short-term Debt

0
0
0
0
0
0
0
0
0
0
0
13,000
0
0
0
0
0
0
0
0
0
0
0
130,000
0
0
0
0
0
0
0
0
0
402,000
0
0
0
0
0
0
0
0
0
2,007,400
2,422,700
1,057,300
1,046,800
2,104,900
2,534,300
2,476,400
1,366,400
833,860
0
2,382,892
1,626,655
0
1,181,572
0
0
0
0
0
580,542
0
4,915,651
2,480,666
0
1,463,099
1,388,024
1,261,589
1,356,000
1,607,368
1,340,909
1,318,982
695,500
1,213,468
1,417,103
858,784
621,902
893,206
943,802
899,852
994,624
1,238,012
1,642,320
1,275,024
1,688,728
1,570,971
1,146,852
1,015,099
872,030
856,846
849,876
960,197
1,048,362
1,091,477
857,394
1,079,866
1,220,905
1,164,706
1,268,589
1,203,378
1,310,015
1,076,160
1,033,767
1,627,517
0
2,052,421
0
0
0
2,275,000
0
0
0
2,025,934
0
3,362,748
3,388,688
2,130,500
2,730,405
2,866,275
2,636,443
1,150,000
700,000
1,075,000
948,731
1,403,026
578,026
1,078,026
1,109,295
1,690,000
0
0
0
24,414
0
0
0
22,773
0
3,773,795
4,463,228
6,638,149
8,856,337
4,676,310
2,090,154
2,979,512
0

2,979,512

2,090,154

4,676,310

8,856,337

6,638,149

4,463,228

3,773,795

22,773

24,414

1,690,000

1,109,295

1,078,026

578,026

1,403,026

948,731

1,075,000

700,000

1,150,000

2,636,443

2,866,275

2,730,405

2,130,500

3,388,688

3,362,748

2,025,934

2,275,000

2,052,421

1,627,517

1,033,767

1,076,160

1,310,015

1,203,378

1,268,589

1,164,706

1,220,905

1,079,866

857,394

1,091,477

1,048,362

960,197

849,876

856,846

872,030

1,015,099

1,146,852

1,570,971

1,688,728

1,275,024

1,642,320

1,238,012

994,624

899,852

943,802

893,206

621,902

858,784

1,417,103

1,213,468

695,500

1,318,982

1,340,909

1,607,368

1,356,000

1,261,589

1,388,024

1,463,099

2,480,666

4,915,651

580,542

1,181,572

1,626,655

2,382,892

833,860

1,366,400

2,476,400

2,534,300

2,104,900

1,046,800

1,057,300

2,422,700

2,007,400

402,000

130,000

13,000

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
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,275,000
0
0
0
2,025,934
0
3,362,748
3,388,688
2,130,500
2,730,405
2,866,275
2,636,443
1,150,000
700,000
1,075,000
948,731
1,403,026
578,026
1,078,026
1,109,295
1,690,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

1,690,000

1,109,295

1,078,026

578,026

1,403,026

948,731

1,075,000

700,000

1,150,000

2,636,443

2,866,275

2,730,405

2,130,500

3,388,688

3,362,748

2,025,934

2,275,000

Accounts payable

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
6,196,297
7,005,182
7,030,903
6,941,522
6,926,709
7,002,035
6,947,582
7,066,471
7,169,346
7,337,589
7,353,423
7,606,122
7,783,809
8,085,702
8,133,571
8,372,135
8,638,082
10,372,922
10,439,423
10,571,288
11,031,835
11,579,234
11,662,192
11,631,145
12,078,277
12,216,465
12,304,053
12,458,396
12,558,390
12,819,061
12,553,993
12,354,158
12,143,292
12,076,567
11,832,375
11,884,890
12,694,759
13,174,582
13,600,730
13,632,127
13,993,526
13,479,545
13,574,035
203,898
184,320
197,970
255,892
13,656,025
13,944,497
13,973,927
14,413,437
284,352
191,486
295,394
238,459
176,943
168,227
192,253
215,727
222,300
310,962
196,739
247,450
267,576
274,416
226,897
306,942
223,712
244,919
245,618
219,873
245,817
291,804
266,240
300,167
230,252
356,848
356,093
309,342
153,161
266,374
224,955
385,078
166,167
143,953
28,846,966
30,026,327
29,847,029
54,356,283
53,077,157
1,366,294
1,481,485
1,314,594
1,404,776
60,331,767
0
0

60,331,767

1,404,776

1,314,594

1,481,485

1,366,294

53,077,157

54,356,283

29,847,029

30,026,327

28,846,966

143,953

166,167

385,078

224,955

266,374

153,161

309,342

356,093

356,848

230,252

300,167

266,240

291,804

245,817

219,873

245,618

244,919

223,712

306,942

226,897

274,416

267,576

247,450

196,739

310,962

222,300

215,727

192,253

168,227

176,943

238,459

295,394

191,486

284,352

14,413,437

13,973,927

13,944,497

13,656,025

255,892

197,970

184,320

203,898

13,574,035

13,479,545

13,993,526

13,632,127

13,600,730

13,174,582

12,694,759

11,884,890

11,832,375

12,076,567

12,143,292

12,354,158

12,553,993

12,819,061

12,558,390

12,458,396

12,304,053

12,216,465

12,078,277

11,631,145

11,662,192

11,579,234

11,031,835

10,571,288

10,439,423

10,372,922

8,638,082

8,372,135

8,133,571

8,085,702

7,783,809

7,606,122

7,353,423

7,337,589

7,169,346

7,066,471

6,947,582

7,002,035

6,926,709

6,941,522

7,030,903

7,005,182

6,196,297

Other Current Liabilities

0
0
0
0
0
0
0
0
0
0
0
-13,000
0
0
0
0
0
0
0
0
0
0
0
-130,000
0
0
0
0
0
0
0
0
0
-402,000
0
0
0
0
0
0
0
0
0
-2,007,400
-2,422,700
-1,057,300
-1,046,800
-2,104,900
-2,534,300
-2,476,400
-1,366,400
-833,860
0
-2,382,892
-1,626,655
0
-1,181,572
0
0
10,565,000
11,045,000
11,153,000
-580,542
0
-4,915,651
-2,480,666
0
-1,463,099
-1,388,024
-1,261,589
-1,356,000
-1,607,368
-1,340,909
-1,318,982
-695,500
-1,213,468
-1,417,103
-858,784
-621,902
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
13,608,785
14,124,668
13,716,527
13,585,934
0
0
0
0
14,530,835
14,623,882
14,835,575
14,999,531
14,854,420
15,039,989
15,202,845
15,546,918
15,651,605
17,545,650
17,294,266
17,582,230
17,952,778
18,724,523
18,828,468
19,200,908
19,303,857
20,241,657
20,458,097
20,855,235
20,993,729
21,385,042
21,343,356
21,997,623
21,858,845
22,750,928
22,598,778
23,280,665
23,324,746
24,513,837
26,355,997
26,920,553
-24,414
28,481,834
28,846,966
30,026,327
-22,773
54,356,283
35,606,389
35,036,962
27,792,013
29,380,046
31,536,761
32,619,263
36,613,025
0

36,613,025

32,619,263

31,536,761

29,380,046

27,792,013

35,036,962

35,606,389

54,356,283

-22,773

30,026,327

28,846,966

28,481,834

-24,414

26,920,553

26,355,997

24,513,837

23,324,746

23,280,665

22,598,778

22,750,928

21,858,845

21,997,623

21,343,356

21,385,042

20,993,729

20,855,235

20,458,097

20,241,657

19,303,857

19,200,908

18,828,468

18,724,523

17,952,778

17,582,230

17,294,266

17,545,650

15,651,605

15,546,918

15,202,845

15,039,989

14,854,420

14,999,531

14,835,575

14,623,882

14,530,835

13,585,934

13,716,527

14,124,668

13,608,785

-621,902

-858,784

-1,417,103

-1,213,468

-695,500

-1,318,982

-1,340,909

-1,607,368

-1,356,000

-1,261,589

-1,388,024

-1,463,099

-2,480,666

-4,915,651

-580,542

11,153,000

11,045,000

10,565,000

-1,181,572

-1,626,655

-2,382,892

-833,860

-1,366,400

-2,476,400

-2,534,300

-2,104,900

-1,046,800

-1,057,300

-2,422,700

-2,007,400

-402,000

-130,000

-13,000

> Long-term Liabilities

0
0
0
0
0
0
0
0
0
140,500
133,000
106,100
105,100
109,300
105,600
88,600
80,400
76,400
82,100
65,500
75,000
66,600
60,300
60,700
232,000
248,200
257,000
309,000
327,700
411,500
452,700
410,700
425,100
43,100
130,100
553,100
406,700
477,700
685,200
552,400
1,081,100
1,446,400
1,039,000
20,800
40,000
1,513,200
1,607,300
408,500
0
0
1,188,900
880,581
1,886,850
0
439,743
2,380,074
607,621
1,856,967
2,204,763
2,531,179
2,399,579
2,196,984
1,781,756
2,289,029
326,000
326,000
2,475,762
1,581,156
1,581,750
2,165,160
2,360,819
1,662,982
1,653,053
1,481,572
2,043,462
1,641,448
1,597,583
1,567,623
1,881,519
1,696,869
1,278,800
1,187,572
1,294,681
1,702,871
1,535,970
2,073,565
2,012,935
2,023,793
1,333,262
1,253,643
1,252,810
1,133,070
1,162,918
1,216,445
1,058,239
1,350,842
973,934
969,808
1,315,442
1,805,198
1,826,784
2,002,030
1,788,338
2,161,888
2,133,272
1,857,445
1,831,615
2,280,786
2,580,018
2,443,502
2,516,412
3,085,668
1,810,624
2,735,582
2,835,539
2,890,495
2,588,454
2,688,444
2,813,433
3,068,422
2,148,409
1,993,397
1,733,385
1,902,872
1,427,860
1,802,850
1,667,841
2,052,829
1,476,033
1,965,035
1,942,007
2,488,840
2,344,611
1,093,350
1,002,089
700,827
705,034
703,741
677,448
573,928
1,089,177
3,587,369
1,074,844
1,073,128
28,313,718
29,545,446
30,222,233
26,876,200
65,684,079

65,684,079

26,876,200

30,222,233

29,545,446

28,313,718

1,073,128

1,074,844

3,587,369

1,089,177

573,928

677,448

703,741

705,034

700,827

1,002,089

1,093,350

2,344,611

2,488,840

1,942,007

1,965,035

1,476,033

2,052,829

1,667,841

1,802,850

1,427,860

1,902,872

1,733,385

1,993,397

2,148,409

3,068,422

2,813,433

2,688,444

2,588,454

2,890,495

2,835,539

2,735,582

1,810,624

3,085,668

2,516,412

2,443,502

2,580,018

2,280,786

1,831,615

1,857,445

2,133,272

2,161,888

1,788,338

2,002,030

1,826,784

1,805,198

1,315,442

969,808

973,934

1,350,842

1,058,239

1,216,445

1,162,918

1,133,070

1,252,810

1,253,643

1,333,262

2,023,793

2,012,935

2,073,565

1,535,970

1,702,871

1,294,681

1,187,572

1,278,800

1,696,869

1,881,519

1,567,623

1,597,583

1,641,448

2,043,462

1,481,572

1,653,053

1,662,982

2,360,819

2,165,160

1,581,750

1,581,156

2,475,762

326,000

2,289,029

1,781,756

2,196,984

2,399,579

2,531,179

2,204,763

1,856,967

607,621

2,380,074

439,743

1,886,850

880,581

1,188,900

408,500

1,607,300

1,513,200

40,000

20,800

1,039,000

1,446,400

1,081,100

552,400

685,200

477,700

406,700

553,100

130,100

43,100

425,100

410,700

452,700

411,500

327,700

309,000

257,000

248,200

232,000

60,700

60,300

66,600

75,000

65,500

82,100

76,400

80,400

88,600

105,600

109,300

105,100

106,100

133,000

140,500

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
582,837
570,637
566,677
554,478
0
0
0
0
334,276
230,709
229,928
229,146
228,365
376,412
226,178
226,208
226,237
226,267
226,297
226,327
226,356
225,323
225,387
225,450
225,514
225,577
225,640
225,704
225,767
225,830
225,894
225,957
226,021
524,303
538,379
549,158
540,364
571,212
570,029
568,846
567,663
566,480
565,297
564,114
562,931
1,078,274
1,076,559
1,074,844
1,073,128
1,071,413
1,052,258
1,050,539
0
0

1,050,539

1,052,258

1,071,413

1,073,128

1,074,844

1,076,559

1,078,274

562,931

564,114

565,297

566,480

567,663

568,846

570,029

571,212

540,364

549,158

538,379

524,303

226,021

225,957

225,894

225,830

225,767

225,704

225,640

225,577

225,514

225,450

225,387

225,323

226,356

226,327

226,297

226,267

226,237

226,208

226,178

376,412

228,365

229,146

229,928

230,709

334,276

554,478

566,677

570,637

582,837

Other Liabilities

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
120,986
173,014
112,385
187,810
269,425
136,364
229,260
91,503
98,459
83,376
82,679
239,923
128,921
155,233
169,301
97,690
110,156
95,112
144,963
196,925
142,910
126,011
126,537
171,317
156,445
196,515
171,771
162,560
183,617
193,543
187,489
160,710
195,687
152,198
155,853
220,187
216,734
158,102
185,342
159,120
162,678
203,222
213,126
203,898
184,320
197,970
255,892
242,637
199,330
318,866
234,194
284,352
191,486
295,394
238,459
176,943
168,227
192,253
215,727
222,300
310,962
196,739
247,450
267,576
274,416
226,897
306,942
223,712
244,919
245,618
219,873
245,817
291,804
13,696
13,324
34,894
17,511
17,537
17,969
23,584
25,184
25,139
26,085
46,940
44,715
155,168
32,886
14,877
258,897
310,881
311,282
363,026
0
400,510
426,464
0
0

426,464

400,510

363,026

311,282

310,881

258,897

14,877

32,886

155,168

44,715

46,940

26,085

25,139

25,184

23,584

17,969

17,537

17,511

34,894

13,324

13,696

291,804

245,817

219,873

245,618

244,919

223,712

306,942

226,897

274,416

267,576

247,450

196,739

310,962

222,300

215,727

192,253

168,227

176,943

238,459

295,394

191,486

284,352

234,194

318,866

199,330

242,637

255,892

197,970

184,320

203,898

213,126

203,222

162,678

159,120

185,342

158,102

216,734

220,187

155,853

152,198

195,687

160,710

187,489

193,543

183,617

162,560

171,771

196,515

156,445

171,317

126,537

126,011

142,910

196,925

144,963

95,112

110,156

97,690

169,301

155,233

128,921

239,923

82,679

83,376

98,459

91,503

229,260

136,364

269,425

187,810

112,385

173,014

120,986

> Total Stockholder Equity

0
0
0
0
0
0
0
0
0
69,200
69,900
68,600
69,000
69,200
62,900
62,000
62,700
63,000
63,500
64,100
65,100
65,900
66,800
110,000
116,500
100,400
102,700
105,600
127,500
129,600
132,600
137,900
143,400
149,600
153,800
210,000
213,800
214,700
216,700
206,300
283,500
298,500
363,600
382,200
449,400
598,000
615,500
554,900
512,700
565,400
572,800
685,244
650,058
836,751
827,982
939,951
934,487
956,479
1,017,829
1,016,044
1,011,492
1,067,188
1,041,281
1,035,458
1,070,446
1,099,309
1,103,442
1,152,895
1,211,962
1,450,916
1,517,982
1,543,974
1,563,594
1,610,911
1,635,882
1,647,226
1,640,762
1,644,954
1,683,147
1,876,863
1,905,014
1,837,651
1,805,043
1,736,632
1,716,716
1,891,705
1,816,569
1,874,119
1,855,495
1,841,518
1,887,734
1,948,393
1,846,076
1,874,091
1,896,851
1,773,422
1,815,053
1,833,080
1,840,343
1,845,774
1,894,942
1,931,548
1,983,678
2,093,530
2,128,131
2,127,475
2,167,659
2,209,188
2,239,629
2,284,478
2,310,850
2,322,681
2,355,575
2,379,695
2,402,545
2,415,571
2,437,967
2,476,966
2,511,629
2,527,012
2,560,358
2,605,126
2,638,787
2,701,958
2,716,142
2,761,723
2,816,198
2,886,515
2,966,255
3,065,217
3,152,394
3,207,770
3,090,242
3,174,779
3,219,690
3,234,625
3,272,928
3,329,705
3,386,189
3,438,325
8,177,135
7,997,788
7,826,410
8,056,186
8,294,294
8,279,726
8,199,201
8,689,996
8,747,498

8,747,498

8,689,996

8,199,201

8,279,726

8,294,294

8,056,186

7,826,410

7,997,788

8,177,135

3,438,325

3,386,189

3,329,705

3,272,928

3,234,625

3,219,690

3,174,779

3,090,242

3,207,770

3,152,394

3,065,217

2,966,255

2,886,515

2,816,198

2,761,723

2,716,142

2,701,958

2,638,787

2,605,126

2,560,358

2,527,012

2,511,629

2,476,966

2,437,967

2,415,571

2,402,545

2,379,695

2,355,575

2,322,681

2,310,850

2,284,478

2,239,629

2,209,188

2,167,659

2,127,475

2,128,131

2,093,530

1,983,678

1,931,548

1,894,942

1,845,774

1,840,343

1,833,080

1,815,053

1,773,422

1,896,851

1,874,091

1,846,076

1,948,393

1,887,734

1,841,518

1,855,495

1,874,119

1,816,569

1,891,705

1,716,716

1,736,632

1,805,043

1,837,651

1,905,014

1,876,863

1,683,147

1,644,954

1,640,762

1,647,226

1,635,882

1,610,911

1,563,594

1,543,974

1,517,982

1,450,916

1,211,962

1,152,895

1,103,442

1,099,309

1,070,446

1,035,458

1,041,281

1,067,188

1,011,492

1,016,044

1,017,829

956,479

934,487

939,951

827,982

836,751

650,058

685,244

572,800

565,400

512,700

554,900

615,500

598,000

449,400

382,200

363,600

298,500

283,500

206,300

216,700

214,700

213,800

210,000

153,800

149,600

143,400

137,900

132,600

129,600

127,500

105,600

102,700

100,400

116,500

110,000

66,800

65,900

65,100

64,100

63,500

63,000

62,700

62,000

62,900

69,200

69,000

68,600

69,900

69,200

Common Stock

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-171,500
-219,400
-232,600
0
0
0
0
452
456
491
494
495
495
495
495
495
495
495
495
495
495
495
495
495
494
530
532
536
538
539
540
541
541
541
541
564
565
566
566
566
566
566
566
566
566
679
719
820
820
820
820
907
907
907
907
907
907
907
907
907
1,976,482
1,975,826
2,016,010
2,057,539
2,087,980
2,132,829
2,159,201
2,171,032
2,203,926
2,256,985
2,279,835
2,292,861
2,315,257
2,354,256
2,388,919
2,404,302
2,437,648
2,482,416
2,516,077
2,556,902
2,571,105
2,616,686
2,671,161
2,741,478
2,821,218
2,920,180
3,007,357
3,062,733
2,945,205
3,029,742
3,074,653
3,089,588
3,127,891
3,184,668
3,241,152
3,293,288
7,893,156
7,713,809
7,542,431
7,772,207
1,828
1,828
1,828
1,828
8,463,519

8,463,519

1,828

7,772,207

7,542,431

7,713,809

7,893,156

3,293,288

3,241,152

3,184,668

3,127,891

3,089,588

3,074,653

3,029,742

2,945,205

3,062,733

3,007,357

2,920,180

2,821,218

2,741,478

2,671,161

2,616,686

2,571,105

2,556,902

2,516,077

2,482,416

2,437,648

2,404,302

2,388,919

2,354,256

2,315,257

2,292,861

2,279,835

2,256,985

2,203,926

2,171,032

2,159,201

2,132,829

2,087,980

2,057,539

2,016,010

1,975,826

1,976,482

907

820

719

679

566

565

564

541

540

539

538

536

532

530

494

495

494

491

456

452

-232,600

-219,400

-171,500

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
1,883,739
1,906,496
746,057
776,968
804,109
839,816
0
0
1,931,548
0
1,000,427
993,889
1,023,243
1,054,117
1,080,488
1,114,088
1,143,189
1,172,372
1,202,117
1,230,816
1,260,090
1,288,261
1,317,559
1,342,930
1,365,549
1,392,500
1,425,320
1,460,026
1,496,300
1,535,585
1,595,762
1,649,524
1,699,767
1,761,036
1,828,303
1,895,870
1,955,933
2,010,930
2,061,352
2,009,541
2,024,487
2,055,620
2,077,522
2,147,436
2,203,160
2,260,560
2,333,288
2,276,875
2,383,638
2,543,015
2,713,861
2,856,745
3,017,445
0
0
0

3,017,445

2,856,745

2,713,861

2,543,015

2,383,638

2,276,875

2,333,288

2,260,560

2,203,160

2,147,436

2,077,522

2,055,620

2,024,487

2,009,541

2,061,352

2,010,930

1,955,933

1,895,870

1,828,303

1,761,036

1,699,767

1,649,524

1,595,762

1,535,585

1,496,300

1,460,026

1,425,320

1,392,500

1,365,549

1,342,930

1,317,559

1,288,261

1,260,090

1,230,816

1,202,117

1,172,372

1,143,189

1,114,088

1,080,488

1,054,117

1,023,243

993,889

1,000,427

1,931,548

839,816

804,109

776,968

746,057

1,906,496

1,883,739

Accumulated Other Comprehensive Income

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
100
-900
-1,800
-2,200
-3,800
-2,300
-200
400
2,300
1,100
-1,200
200
3,000
300
4,500
16,000
20,200
21,900
19,800
33,000
19,100
2,600
-26,000
-38,800
-63,260
-61,537
-65,426
-40,267
-3,170
9,342
-1,668
44,012
10,665
-5,841
43,415
57,665
46,683
51,179
48,686
23,938
15,749
42,260
-29,372
-6,042
-4,541
-23,149
-10,713
-20,258
-27,878
-36,809
-42,456
5,570
-3,324
-3,515
-4,913
-10,259
-15,896
-46,223
-46,146
-86,181
-105,910
-105,196
-66,872
-34,141
-28,389
-26,320
-12,711
-9,414
-13,709
-5,979
-3,997
-33,127
-60,204
-46,445
-43,878
-29,277
-32,266
-30,911
-65,139
-58,941
-48,549
-43,691
-29,995
-35,919
-56,261
-50,090
-60,695
-59,519
-78,106
-70,397
-57,511
-53,153
-76,993
-77,027
-72,082
-69,098
-91,531
-115,479
-121,936
-131,564
-130,652
-101,841
-66,190
-37,234
-36,072
-24,800
41,445
52,037
42,256
8,274
5,890
1,508
-22,580
-275,723
-481,332
-736,901
-684,960
-588,020
-718,823
-915,779
-550,571
0

-550,571

-915,779

-718,823

-588,020

-684,960

-736,901

-481,332

-275,723

-22,580

1,508

5,890

8,274

42,256

52,037

41,445

-24,800

-36,072

-37,234

-66,190

-101,841

-130,652

-131,564

-121,936

-115,479

-91,531

-69,098

-72,082

-77,027

-76,993

-53,153

-57,511

-70,397

-78,106

-59,519

-60,695

-50,090

-56,261

-35,919

-29,995

-43,691

-48,549

-58,941

-65,139

-30,911

-32,266

-29,277

-43,878

-46,445

-60,204

-33,127

-3,997

-5,979

-13,709

-9,414

-12,711

-26,320

-28,389

-34,141

-66,872

-105,196

-105,910

-86,181

-46,146

-46,223

-15,896

-10,259

-4,913

-3,515

-3,324

5,570

-42,456

-36,809

-27,878

-20,258

-10,713

-23,149

-4,541

-6,042

-29,372

42,260

15,749

23,938

48,686

51,179

46,683

57,665

43,415

-5,841

10,665

44,012

-1,668

9,342

-3,170

-40,267

-65,426

-61,537

-63,260

-38,800

-26,000

2,600

19,100

33,000

19,800

21,900

20,200

16,000

4,500

300

3,000

200

-1,200

1,100

2,300

400

-200

-2,300

-3,800

-2,200

-1,800

-900

100

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
1,160,690
1,160,929
1,146,397
1,145,146
0
0
0
0
1,145,620
1,125,095
1,125,861
1,126,344
1,125,584
1,126,875
1,128,300
1,128,453
1,127,534
1,128,897
1,124,498
1,124,823
1,124,325
1,125,925
1,125,446
1,125,377
1,125,937
1,124,900
1,124,661
1,123,685
1,122,164
1,120,522
1,115,414
1,114,848
1,114,394
1,113,107
1,113,893
1,115,204
1,113,250
1,101,324
1,103,756
1,106,473
1,109,532
1,105,137
1,101,126
1,104,885
1,108,594
6,129,440
6,148,853
6,161,297
6,173,240
6,137,743
6,150,713
6,164,846
0
0

6,164,846

6,150,713

6,137,743

6,173,240

6,161,297

6,148,853

6,129,440

1,108,594

1,104,885

1,101,126

1,105,137

1,109,532

1,106,473

1,103,756

1,101,324

1,113,250

1,115,204

1,113,893

1,113,107

1,114,394

1,114,848

1,115,414

1,120,522

1,122,164

1,123,685

1,124,661

1,124,900

1,125,937

1,125,377

1,125,446

1,125,925

1,124,325

1,124,823

1,124,498

1,128,897

1,127,534

1,128,453

1,128,300

1,126,875

1,125,584

1,126,344

1,125,861

1,125,095

1,145,620

1,145,146

1,146,397

1,160,929

1,160,690

Treasury Stock

-455,416

-397,981

-431,762

-426,808

-339,178

-239,264

-126,951

-126,738

-126,445

-133,893

-140,659

-140,414

-140,883

-141,797

-76,734

-82,480

-84,393

-86,855

-71,504

-74,096

-77,496

-84,399

-70,430

-75,032

-67,400

-71,188

-70,899

-76,742

-80,165

-84,138

-71,854

-74,666

-67,844

-106,633

-103,294

-106,639

-109,599

-110,226

-100,918

-106,443

-109,072

-112,524

-172,807

-124,877

-129,235

-132,631

-134,641

-141,338

-143,275

-146,711

-149,462

-151,180

-156,539

-159,363

-161,911

-152,236

-152,548

-151,376

-154,225

-157,125

-163,439

-165,544

-166,263

-133,161

-85,015

-60

-77,254

-70,918

-58,931

-21,065

-6,503

-2,613

-2,314

-547

-108,790

-112,713

-137,285

-134,157

-134,747

-134,318

-108,838

-37,169

-19,404

-10,141

-4,604

-3,307

-10,271

-13,361

-13,362

-119

-66,821

Other Stockholders Equity

0
0
0
0
0
0
0
0
0
34,500
34,500
34,400
34,600
34,500
33,500
32,300
32,600
32,500
32,600
32,600
33,000
33,000
33,000
75,000
75,400
63,000
63,100
63,800
84,200
84,100
84,100
89,100
89,700
90,300
90,100
131,800
132,900
132,100
127,800
108,500
149,900
151,000
166,400
168,700
172,000
246,800
235,200
221,000
177,500
240,000
240,700
596,124
481,052
797,650
401,654
805,942
811,744
825,500
411,363
810,106
395,502
377,787
306,280
280,749
279,965
280,301
277,459
303,294
302,804
578,160
584,733
605,149
608,242
610,312
611,695
598,579
570,567
551,584
546,929
726,886
734,040
652,285
606,372
568,341
571,058
1,131,314
1,136,140
1,158,524
1,168,686
1,344,128
1,424,678
1,691,658
1,695,580
1,702,432
1,714,394
2,022,456
2,028,436
2,006,244
2,007,616
2,021,410
2,027,020
2,034,114
2,041,030
1,945,626
-1,925,956
-1,916,208
-1,990,352
-2,063,878
-2,140,794
-2,226,388
-2,272,906
-2,291,712
-2,361,452
-2,398,790
-2,457,484
-2,478,906
-2,545,066
-2,616,076
-2,678,694
-2,696,654
-2,765,998
-2,848,436
-2,932,974
-3,008,462
-3,068,090
-3,155,662
-3,258,944
-3,395,302
-3,588,058
-3,779,486
-3,947,392
-4,050,560
-3,969,482
-4,131,864
-4,215,314
-4,239,556
-4,311,420
-4,418,100
-4,524,136
-4,621,416
-2,001,152
-1,902,306
-1,806,114
-2,028,901
5,739,762
5,695,297
5,658,843
5,672,230
0

5,672,230

5,658,843

5,695,297

5,739,762

-2,028,901

-1,806,114

-1,902,306

-2,001,152

-4,621,416

-4,524,136

-4,418,100

-4,311,420

-4,239,556

-4,215,314

-4,131,864

-3,969,482

-4,050,560

-3,947,392

-3,779,486

-3,588,058

-3,395,302

-3,258,944

-3,155,662

-3,068,090

-3,008,462

-2,932,974

-2,848,436

-2,765,998

-2,696,654

-2,678,694

-2,616,076

-2,545,066

-2,478,906

-2,457,484

-2,398,790

-2,361,452

-2,291,712

-2,272,906

-2,226,388

-2,140,794

-2,063,878

-1,990,352

-1,916,208

-1,925,956

1,945,626

2,041,030

2,034,114

2,027,020

2,021,410

2,007,616

2,006,244

2,028,436

2,022,456

1,714,394

1,702,432

1,695,580

1,691,658

1,424,678

1,344,128

1,168,686

1,158,524

1,136,140

1,131,314

571,058

568,341

606,372

652,285

734,040

726,886

546,929

551,584

570,567

598,579

611,695

610,312

608,242

605,149

584,733

578,160

302,804

303,294

277,459

280,301

279,965

280,749

306,280

377,787

395,502

810,106

411,363

825,500

811,744

805,942

401,654

797,650

481,052

596,124

240,700

240,000

177,500

221,000

235,200

246,800

172,000

168,700

166,400

151,000

149,900

108,500

127,800

132,100

132,900

131,800

90,100

90,300

89,700

89,100

84,100

84,200

63,800

63,100

63,000

75,400

75,000

33,000

32,600

32,500

32,600

32,300

33,500

34,500

34,600

34,400

34,500

Balance Sheet

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31	1993-12-31	1992-12-31	1991-12-31	1990-12-31	1989-12-31	1988-12-31	1987-12-31
Accounts Payable	0	1,481,485	29,847,029	166,167	153,161	230,252	245,817	223,712	267,576	222,300	176,943	284,352	13,656,025	203,898	13,632,127	11,884,890	12,354,158	12,458,396	11,631,145	10,571,288	8,372,135	7,606,122	7,066,471	6,941,522	0	0	0	0	0	0	0	0	0	0	0	-	-
Accumulated Amortization	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Accumulated Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Accumulated Other Comprehensive Income	-550,571	-684,960	-22,580	42,256	-36,072	-130,652	-91,531	-76,993	-78,106	-56,261	-48,549	-32,266	-60,204	-13,709	-28,389	-105,910	-15,896	-3,324	-27,878	-4,541	15,749	46,683	10,665	-3,170	-63,260	19,100	20,200	3,000	2,300	-3,800	100	0	0	0	0	-	-
Additional Paid In Capital	0	0	0	0	0	0	0	1,125,937	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Capital Lease Obligations	0	0	144,804	158,280	174,396	0	0	0	0	0	0	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	285,807	8,056,186	145,974	145,974	145,974	145,974	0	0	0	0	0	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	6,173,240	1,108,594	1,109,532	1,113,250	1,114,394	1,122,164	1,125,937	1,124,325	1,127,534	1,125,584	1,145,620	0	1,160,690	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Cash	1,715,795	839,943	461,570	263,104	257,895	329,499	256,786	220,124	407,165	394,239	247,290	350,488	292,019	159,849	171,184	259,208	306,654	311,888	293,706	266,454	209,234	282,059	254,845	266,786	283,621	177,500	152,800	85,200	70,200	88,900	32,300	52,800	71,300	29,800	26,300	-	-
Cash And Equivalents	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Cash And Short Term Investments	-429,323	8,732,640	4,696,424	3,589,880	3,183,728	3,228,229	2,894,823	3,211,215	3,391,796	3,188,112	3,354,221	3,486,648	292,019	265,471	561,494	281,362	306,654	311,888	293,706	266,454	209,234	282,059	254,845	266,786	283,621	177,500	152,800	85,200	70,200	88,900	32,300	52,800	71,300	29,800	26,300	-	-
Common Stock	1,828	7,772,207	3,293,288	3,089,588	3,062,733	2,741,478	2,556,902	2,404,302	2,292,861	2,171,032	2,057,539	907	907	907	820	566	566	564	541	536	495	495	495	495	452	0	0	0	0	0	0	0	0	0	0	-	-
Common Stock Shares Outstanding	171,883	167,547	90,206	90,151	91,882	92,227	92,356	91,856	91,533	90,620	90,261	91,649	91,688	82,172	63,916	52,020	54,996	54,065	54,236	51,622	46,776	48,392	49,743	46,389	45,405	46,165	91,933	23,900	16,156	10,964	7,200	7,068	6,986	6,984	7,758	8,190	8,190
Common Stock Total Equity	0	1,828	937	937	937	937	937	937	937	936	934	907	907	907	820	566	566	564	541	536	495	495	495	495	452	0	0	0	0	0	0	0	0	0	0	-	-
Current Deferred Revenue	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Deferred Long Term Asset Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Deferred Long Term Liab	0	0	0	0	0	0	0	0	0	0	0	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	10,833,694	9,056,173	8,477,404	7,454,382	7,323,511	7,443,433	7,289,028	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Good Will	2,631,465	2,514,104	538,373	538,373	538,373	538,373	538,373	538,373	538,373	529,887	529,887	529,887	529,887	529,887	529,887	529,887	728,038	770,001	642,889	623,298	274,113	297,359	320,051	326,142	138,829	78,400	48,900	44,300	0	0	0	0	0	0	0	-	-
Intangible Assets	203,135	199,342	17,869	22,383	21,917	25,764	29,611	33,674	39,326	2,666	5,351	10,270	15,690	21,277	26,865	34,039	39,977	55,011	55,681	70,867	56,816	297,359	320,051	326,142	0	0	0	0	0	0	0	0	0	0	0	-	-
Inventory	-1,460,765	2,345	-462,060	-265,758	-257,895	6,867	6,064	7,865	5,029	74,468	29,484	111,015	62,359	80,455	253,189	180,346	229,736	357,711	273,704	150,249	95,068	408,234	5,038	3,295	0	0	0	0	0	0	0	0	0	0	0	-	-
Liabilities And Stockholders Equity	75,158,733	71,277,521	34,915,599	32,590,690	30,389,344	27,610,315	26,487,645	26,064,664	24,677,820	22,533,010	20,852,999	20,146,765	18,714,340	18,038,068	17,739,197	17,583,537	17,201,960	17,097,471	17,836,562	17,020,597	14,568,690	13,468,004	11,857,382	11,249,508	9,931,744	9,033,900	7,019,600	3,917,600	3,219,700	2,761,400	2,167,800	2,063,200	888,300	703,800	708,500	-	-
Long Term Debt	3,408,838	1,073,128	573,928	567,663	540,364	226,021	225,767	225,514	226,356	226,237	228,365	334,276	1,703,798	582,837	998,055	1,704,177	1,579,332	1,021,360	1,641,448	1,662,982	1,695,065	2,450,568	2,048,689	1,313,386	0	0	0	0	0	0	0	0	0	0	0	-	-
Long Term Debt Total	0	1,073,128	562,931	567,663	540,364	226,021	225,767	225,514	226,356	226,237	228,365	334,276	0	582,837	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Long Term Investments	16,034,317	14,457,394	10,432,979	30,190,760	28,083,694	22,590,425	21,832,144	21,060,503	19,456,888	17,681,668	15,926,726	15,066,729	0	13,839,205	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Negative Goodwill	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Net Debt	2,405,164	5,693,737	112,358	437,723	2,230,945	1,723,330	1,646,086	2,848,298	2,483,330	2,691,429	2,033,496	1,811,400	1,513,179	1,190,993	961,886	3,100,581	1,396,217	1,384,981	2,561,210	3,003,896	2,835,021	2,006,970	2,276,334	2,113,288	1,430,820	2,335,900	1,875,400	467,200	482,900	321,800	276,700	137,900	-5,800	58,800	92,800	-	-
Net Invested Capital	11,814,855	14,305,887	3,867,216	3,790,415	5,551,573	4,794,307	4,459,774	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Net Receivables	1,890,088	1,618,175	531,469	626,551	455,380	313,256	286,677	286,597	328,993	301,304	260,687	259,742	237,042	259,194	65,041	74,307	80,432	90,565	85,779	63,406	52,756	54,601	54,288	69,733	58,918	55,000	40,800	24,100	21,600	16,600	11,900	11,600	5,800	6,000	6,600	-	-
Net Tangible Assets	0	5,058,761	2,737,046	2,528,832	2,502,443	2,177,341	1,988,918	1,832,255	1,715,162	1,638,479	1,522,301	1,401,724	0	1,193,319	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Net Working Capital	-37,538,733	-24,655,172	5,205,120	4,192,017	-10,986,247	-4,800,601	-4,895,689	-5,108,683	-4,938,886	-4,772,304	-4,685,496	12,152,197	11,008,187	10,739,920	10,971,955	11,394,391	12,248,827	13,044,963	12,004,781	10,845,976	8,334,430	-3,215,035	889,523	0	8,855,652	6,771,300	4,904,700	0	0	0	0	-65,600	0	0	19,900	-	-
Non Current Assets Total	73,104,929	3,515,264	11,193,778	9,682,164	9,050,454	7,913,137	7,823,414	7,861,209	7,614,808	7,321,314	7,122,495	6,918,408	6,541,447	6,206,671	5,910,396	4,618,175	3,715,121	3,159,302	4,618,313	4,567,253	4,771,161	4,507,039	402,859	420,405	242,232	157,700	107,500	103,600	1,085,300	827,300	552,000	397,400	277,200	154,600	164,500	-	-
Non Current Liabilities Other	0	6,612,382	830,697	1,286,799	1,040,431	2,408,682	2,320,374	3,792,434	3,815,539	4,110,187	1,331,662	1,076,160	0	1,091,477	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	26,876,200	1,073,128	573,928	700,827	2,488,840	2,052,829	1,902,872	23,537,652	2,890,495	3,085,668	2,280,786	2,161,888	1,805,198	1,350,842	1,133,070	2,023,793	1,702,871	1,696,869	1,641,448	1,662,982	1,581,156	2,289,029	126,000	2,380,074	880,581	408,500	20,800	552,400	553,100	410,700	309,000	60,700	65,500	88,600	106,100	-	-
Non Currrent Assets Other	67,405,580	-14,457,394	-109,405	-81,286	-61,975	-96,516	-92,630	-84,391	-101,578	-74,077	-65,109	-68,681	-105,665	-157,585	-121,733	-189,337	-58,126	-31,792	-55,313	-70,988	-38,088	-4,124,997	320,051	326,142	138,829	78,400	48,900	44,300	-1,085,300	-827,300	-552,000	-397,400	-277,200	-154,600	-164,500	-	-
Noncontrolling Interest In Consolidated Entity	0	0	0	0	0	0	0	0	0	0	0	0	0	9,644	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Other Assets	0	57,987,267	18,493,928	18,692,095	17,699,782	35,523,452	34,311,059	-7,865	32,292,628	29,854,324	27,975,494	27,065,173	25,255,787	24,244,739	23,649,593	22,201,712	20,917,081	20,256,773	22,454,875	21,587,850	19,339,851	17,975,043	330,634	338,028	0	0	0	0	2,042,600	1,828,600	1,571,600	1,601,400	534,000	513,400	511,100	-	-
Other Current Assets	2,053,804	-575,825	462,060	265,758	257,895	16,155,693	15,482,731	14,705,643	13,342,223	11,722,280	10,115,596	9,481,967	11,643,832	11,306,732	10,949,077	12,429,347	13,099,753	13,535,716	12,838,764	12,123,484	9,535,539	8,624,305	11,145,390	10,492,584	9,346,973	8,643,700	6,718,500	3,704,700	0	0	0	0	0	0	0	-	-
Other Current Liab	36,613,025	27,792,013	-22,773	-24,414	12,070,450	24,497,779	23,559,920	19,303,857	17,952,778	15,651,605	14,854,420	14,530,835	0	13,608,785	0	0	0	0	0	0	0	0	10,565,000	0	0	0	0	0	0	0	0	-130,000	0	0	-13,000	-	-
Other Liab	0	363,026	14,877	46,940	23,584	34,894	48,945	50,531	75,266	222,300	176,943	284,352	242,637	203,898	159,120	220,187	160,710	162,560	171,317	196,925	97,690	239,923	91,503	187,810	0	0	0	0	0	0	0	0	0	0	0	-	-
Other Stockholder Equity	5,672,230	-2,028,901	-2,310,708	-2,119,778	-2,025,280	-1,697,651	-1,504,231	-1,348,327	-1,239,453	-1,145,856	-1,031,939	972,813	1,010,705	1,011,228	845,829	579,262	558,764	717,309	589,002	595,572	293,717	280,749	405,053	402,971	298,062	221,000	168,700	108,500	131,800	89,100	63,800	75,000	32,600	32,300	34,400	-	-
Preferred Stock Redeemable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Preferred Stock Total Equity	0	283,979	145,037	145,037	145,037	145,037	145,056	122,710	122,710	151,649	151,649	151,649	28,939	28,939	422,109	616,326	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Property Plant And Equipment Gross	615,926	655,336	432,875	226,743	270,413	124,850	130,001	137,413	129,426	121,933	121,605	134,562	147,379	157,724	178,422	185,928	193,063	195,909	182,856	149,069	95,631	84,683	82,808	94,263	103,403	79,300	58,600	59,300	40,700	0	0	0	0	0	0	-	-
Property Plant And Equipment Net	429,561	430,184	204,557	226,743	270,413	124,850	130,001	137,413	129,426	121,933	121,605	134,562	147,379	157,724	178,422	185,928	193,063	195,909	182,856	149,069	95,631	84,683	82,808	94,263	103,403	79,300	58,600	59,300	40,700	56,700	46,300	23,100	8,400	6,600	6,600	-	-
Property Plant Equipment	0	430,184	204,557	226,743	270,413	124,850	130,001	137,413	129,426	121,933	121,605	134,562	147,379	157,724	178,422	185,928	193,063	195,909	182,856	149,069	95,631	84,683	82,808	94,263	0	0	0	0	0	0	0	0	0	0	0	-	-
Retained Earnings	3,282,530	2,713,861	2,333,288	2,077,522	2,061,352	1,828,303	1,595,762	1,425,320	1,317,559	1,202,117	1,080,488	1,000,427	865,427	746,057	708,024	783,875	1,183,621	1,152,737	1,075,984	942,830	833,357	707,531	590,254	490,078	400,413	314,800	193,300	94,800	75,900	52,600	41,700	35,000	31,500	29,700	34,200	-	-
Retained Earnings Total Equity	0	2,713,861	2,333,288	2,077,522	2,061,352	1,828,303	1,595,762	1,425,320	1,317,559	1,202,117	1,080,488	1,000,427	0	746,057	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Short Long Term Debt	0	0	0	0	1,690,000	1,403,026	1,150,000	2,130,500	2,025,934	2,275,000	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	-	-
Short Long Term Debt Total	4,120,959	6,533,680	573,928	700,827	2,488,840	2,052,829	1,902,872	3,068,422	2,890,495	3,085,668	2,280,786	2,161,888	1,805,198	1,350,842	1,133,070	3,359,789	1,702,871	1,696,869	2,854,916	3,270,350	3,044,255	2,289,029	2,531,179	2,380,074	1,714,441	2,513,400	2,028,200	552,400	553,100	410,700	309,000	190,700	65,500	88,600	119,100	-	-
Short Term Debt	2,979,512	6,638,149	22,773	24,414	2,554,905	1,403,026	1,150,000	2,130,500	2,025,934	2,275,000	2,052,421	1,076,160	1,164,706	1,091,477	856,846	1,570,971	1,238,012	893,206	1,213,468	1,607,368	1,463,099	0	0	0	833,860	2,104,900	2,007,400	0	0	0	0	130,000	0	0	13,000	-	-
Short Term Investments	36,958	7,892,697	4,234,854	3,326,776	2,925,833	2,898,730	2,638,037	2,991,091	2,984,631	2,793,873	3,106,931	3,136,160	2,874,764	52,811	390,310	22,154	5,112	175,648	36,302	17,629	42,420	15,596	35,937	1,751	0	0	0	0	0	0	0	0	0	0	0	-	-
Temporary Equity Redeemable Noncontrolling Interests	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Total Assets	75,158,733	71,277,521	34,915,599	32,590,690	30,389,344	27,610,315	26,487,645	26,064,664	24,677,820	22,533,010	20,852,999	20,146,765	18,714,340	18,038,068	17,739,197	17,583,537	17,201,960	17,097,471	17,836,562	17,020,597	14,568,690	13,468,004	11,857,382	11,249,508	9,931,744	9,033,900	7,019,600	3,917,600	3,219,700	2,761,400	2,167,800	2,063,200	888,300	703,800	708,500	-	-
Total Current Assets	2,053,804	9,774,990	5,227,893	4,216,431	3,639,108	19,697,178	18,664,231	18,211,320	17,063,012	15,211,696	13,730,504	13,228,357	12,172,893	11,831,397	11,828,801	12,965,362	13,486,839	13,938,169	13,218,249	12,453,344	9,797,529	8,960,965	11,454,523	10,829,103	9,689,512	8,876,200	6,912,100	3,814,000	91,800	105,500	44,200	64,400	77,100	35,800	32,900	-	-
Total Current Liabilities	39,592,537	34,430,162	22,773	24,414	14,625,355	24,497,779	23,559,920	23,320,003	22,001,898	19,984,000	18,416,000	1,076,160	1,164,706	1,091,477	856,846	1,570,971	1,238,012	893,206	1,213,468	1,607,368	1,463,099	12,176,000	10,565,000	0	833,860	2,104,900	2,007,400	0	0	0	0	130,000	0	0	13,000	-	-
Total Liab	66,468,737	63,221,335	31,477,274	29,356,065	2,488,840	24,723,800	23,785,687	23,537,652	22,262,249	20,210,329	18,643,811	18,053,235	16,868,566	16,255,002	15,781,163	15,699,841	15,455,751	15,211,031	16,179,759	15,467,046	13,406,218	12,301,714	10,691,338	10,159,557	9,096,500	8,279,400	6,487,800	3,711,300	3,009,700	410,700	309,000	1,953,200	65,500	88,600	639,900	-	-
Total Permanent Equity	0	0	0	0	0	0	0	2,527,012	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Total Stockholder Equity	8,689,996	8,056,186	3,438,325	3,234,625	3,207,770	2,886,515	2,701,958	2,527,012	2,415,571	2,322,681	2,209,188	2,093,530	1,845,774	1,773,422	1,948,393	1,874,119	1,736,632	1,876,863	1,647,226	1,543,974	1,152,895	1,035,458	1,016,044	939,951	685,244	554,900	382,200	206,300	210,000	137,900	105,600	110,000	64,100	62,000	68,600	-	-
Treasury Stock	0	-431,762	-126,951	-140,659	-76,734	-71,504	-70,430	-70,899	-71,854	-103,294	-100,918	-172,807	-134,641	-149,462	-161,911	-154,225	-166,263	0	-21,065	-547	-112,713	-134,318	-10,141	-13,361	0	0	0	0	0	0	0	0	0	0	0	-	-
Warrants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-

	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31	1999-09-30	1999-06-30	1999-03-31	1998-12-31	1998-09-30	1998-06-30	1998-03-31	1997-12-31	1997-09-30	1997-06-30	1997-03-31	1996-12-31	1996-09-30	1996-06-30	1996-03-31	1995-12-31	1995-09-30	1995-06-30	1995-03-31	1994-12-31	1994-09-30	1994-06-30	1994-03-31	1993-12-31	1993-09-30	1993-06-30	1993-03-31	1992-12-31	1992-09-30	1992-06-30	1992-03-31	1991-12-31	1991-09-30	1991-06-30	1991-03-31	1990-12-31	1990-09-30	1990-06-30	1990-03-31	1989-12-31	1989-09-30	1989-06-30	1989-03-31	1988-12-31	1988-09-30	1988-06-30	1988-03-31	1987-12-31	1987-09-30	1987-06-30	1987-03-31
Accounts Payable	0	0	60,331,767	1,404,776	1,314,594	1,481,485	1,366,294	53,077,157	54,356,283	29,847,029	30,026,327	28,846,966	143,953	166,167	385,078	224,955	266,374	153,161	309,342	356,093	356,848	230,252	300,167	266,240	291,804	245,817	219,873	245,618	244,919	223,712	306,942	226,897	274,416	267,576	247,450	196,739	310,962	222,300	215,727	192,253	168,227	176,943	238,459	295,394	191,486	284,352	14,413,437	13,973,927	13,944,497	13,656,025	255,892	197,970	184,320	203,898	13,574,035	13,479,545	13,993,526	13,632,127	13,600,730	13,174,582	12,694,759	11,884,890	11,832,375	12,076,567	12,143,292	12,354,158	12,553,993	12,819,061	12,558,390	12,458,396	12,304,053	12,216,465	12,078,277	11,631,145	11,662,192	11,579,234	11,031,835	10,571,288	10,439,423	10,372,922	8,638,082	8,372,135	8,133,571	8,085,702	7,783,809	7,606,122	7,353,423	7,337,589	7,169,346	7,066,471	6,947,582	7,002,035	6,926,709	6,941,522	7,030,903	7,005,182	6,196,297	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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 Amortization	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-
Accumulated Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-
Accumulated Other Comprehensive Income	0	-550,571	-915,779	-718,823	-588,020	-684,960	-736,901	-481,332	-275,723	-22,580	1,508	5,890	8,274	42,256	52,037	41,445	-24,800	-36,072	-37,234	-66,190	-101,841	-130,652	-131,564	-121,936	-115,479	-91,531	-69,098	-72,082	-77,027	-76,993	-53,153	-57,511	-70,397	-78,106	-59,519	-60,695	-50,090	-56,261	-35,919	-29,995	-43,691	-48,549	-58,941	-65,139	-30,911	-32,266	-29,277	-43,878	-46,445	-60,204	-33,127	-3,997	-5,979	-13,709	-9,414	-12,711	-26,320	-28,389	-34,141	-66,872	-105,196	-105,910	-86,181	-46,146	-46,223	-15,896	-10,259	-4,913	-3,515	-3,324	5,570	-42,456	-36,809	-27,878	-20,258	-10,713	-23,149	-4,541	-6,042	-29,372	42,260	15,749	23,938	48,686	51,179	46,683	57,665	43,415	-5,841	10,665	44,012	-1,668	9,342	-3,170	-40,267	-65,426	-61,537	-63,260	-38,800	-26,000	2,600	19,100	33,000	19,800	21,900	20,200	16,000	4,500	300	3,000	200	-1,200	1,100	2,300	400	-200	-2,300	-3,800	-2,200	-1,800	-900	100	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-
Additional Paid In Capital	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1,125,937	1,125,377	1,125,446	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1,931,548	0	0	0	0	0	0	1,906,496	1,883,739	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-
Capital Lease Obligations	0	0	0	0	0	0	0	0	106,900	144,804	150,708	154,461	156,910	158,280	165,211	170,731	177,061	174,396	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	285,807	8,199,201	8,279,726	8,294,294	8,056,186	7,826,410	7,997,788	285,807	145,974	145,974	145,974	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	6,164,846	6,150,713	6,137,743	6,173,240	6,161,297	6,148,853	6,129,440	1,108,594	1,104,885	1,101,126	1,105,137	1,109,532	1,106,473	1,103,756	1,101,324	1,113,250	1,115,204	1,113,893	1,113,107	1,114,394	1,114,848	1,115,414	1,120,522	1,122,164	1,123,685	1,124,661	1,124,900	1,125,937	1,125,377	1,125,446	1,125,925	1,124,325	1,124,823	1,124,498	1,128,897	1,127,534	1,128,453	1,128,300	1,126,875	1,125,584	1,126,344	1,125,861	1,125,095	1,145,620	0	0	0	0	1,145,146	1,146,397	1,160,929	1,160,690	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	322,041	1,715,795	1,773,831	1,360,759	2,246,771	839,943	613,125	901,805	793,213	461,570	2,604,159	1,579,893	1,371,661	263,104	241,800	303,124	267,940	257,895	302,831	217,480	220,659	329,499	321,980	299,282	210,826	256,786	242,236	265,470	222,194	220,124	221,927	263,055	225,979	407,165	271,155	347,733	353,267	394,239	312,522	306,537	281,779	247,290	284,939	211,669	170,009	350,488	244,319	270,827	250,948	292,019	256,016	254,044	275,673	212,660	174,971	179,490	158,065	171,184	173,437	254,638	208,862	259,208	221,195	323,480	274,321	306,654	264,929	293,223	269,061	311,888	243,434	327,622	267,541	293,706	269,859	322,376	345,764	266,454	234,449	252,818	230,137	209,234	214,566	254,645	252,066	282,059	212,606	244,257	200,632	254,845	257,402	338,010	237,489	266,786	242,534	267,414	204,337	283,621	171,000	168,000	209,500	177,500	136,500	153,600	113,200	152,800	215,800	129,000	114,300	85,200	138,100	87,100	117,500	70,200	110,600	66,500	81,800	88,900	50,700	46,000	107,500	32,300	21,300	45,400	42,900	52,800	43,100	29,300	35,400	71,300	172,200	33,500	49,600	29,800	10,700	17,800	15,700	26,300	15,800	19,500	-	-	-	-	-	-	-	-	-
Cash And Equivalents	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-
Cash And Short Term Investments	322,041	-429,323	1,773,831	1,360,759	2,246,771	8,732,640	8,371,531	9,540,163	9,538,110	4,696,424	6,014,602	4,842,786	4,685,641	3,589,880	3,546,017	3,486,748	3,284,571	3,183,728	3,262,934	3,196,137	3,197,975	3,228,229	3,145,933	3,079,863	2,984,332	2,894,823	2,833,398	3,073,436	3,119,254	3,211,215	3,262,038	3,185,005	3,306,448	3,391,796	3,286,572	3,184,891	3,321,376	3,188,112	3,186,408	3,286,568	3,290,635	3,354,221	3,478,711	3,469,029	3,488,247	3,486,648	244,319	270,827	250,948	292,019	256,016	254,044	275,673	212,660	240,226	219,531	320,258	561,494	534,055	262,854	228,804	281,362	221,195	323,480	274,321	306,654	264,929	293,223	269,061	311,888	243,434	327,622	267,541	293,706	269,859	322,376	345,764	266,454	234,449	252,818	230,137	209,234	214,566	254,645	252,066	282,059	212,606	244,257	200,632	254,845	257,402	338,010	237,489	266,786	242,534	267,414	204,337	283,621	171,000	168,000	209,500	177,500	136,500	153,600	113,200	152,800	215,800	129,000	114,300	85,200	138,100	87,100	117,500	70,200	110,600	66,500	81,800	88,900	50,700	46,000	107,500	32,300	21,300	45,400	42,900	52,800	43,100	29,300	35,400	71,300	172,200	33,500	49,600	29,800	10,700	17,800	15,700	26,300	15,800	19,500	-	-	-	-	-	-	-	-	-
Common Stock	8,463,519	1,828	1,828	1,828	1,828	7,772,207	7,542,431	7,713,809	7,893,156	3,293,288	3,241,152	3,184,668	3,127,891	3,089,588	3,074,653	3,029,742	2,945,205	3,062,733	3,007,357	2,920,180	2,821,218	2,741,478	2,671,161	2,616,686	2,571,105	2,556,902	2,516,077	2,482,416	2,437,648	2,404,302	2,388,919	2,354,256	2,315,257	2,292,861	2,279,835	2,256,985	2,203,926	2,171,032	2,159,201	2,132,829	2,087,980	2,057,539	2,016,010	1,975,826	1,976,482	907	907	907	907	907	907	907	907	907	820	820	820	820	719	679	566	566	566	566	566	566	566	566	565	564	541	541	541	541	540	539	538	536	532	530	494	495	495	495	495	495	495	495	495	495	495	495	495	495	494	491	456	452	0	0	0	0	-232,600	-219,400	-171,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-
Common Stock Shares Outstanding	170,704	170,623	171,350	172,803	172,883	172,699	173,944	175,895	147,394	90,284	90,232	90,221	90,108	89,915	89,738	89,570	91,206	91,916	91,874	91,855	92,225	92,202	92,208	92,173	92,254	92,400	92,503	92,495	92,342	92,099	91,857	91,745	91,809	91,956	92,007	91,302	90,841	90,741	90,614	90,528	90,658	90,602	90,423	90,087	89,662	91,315	91,884	91,543	91,782	90,929	91,205	92,184	92,554	92,554	82,128	82,721	77,922	77,922	66,281	58,486	52,102	52,102	52,032	52,017	52,517	52,297	54,259	56,243	56,762	56,762	52,871	53,252	53,703	53,703	54,310	54,278	54,217	54,217	53,767	50,475	47,059	47,059	46,313	46,242	46,192	46,192	48,124	49,585	49,583	49,295	50,044	50,006	49,566	49,969	49,348	42,586	43,952	43,952	46,311	45,268	44,407	36,949	38,654	27,365	27,365	27,365	27,108	23,970	23,906	23,906	16,218	16,204	16,206	16,206	11,030	10,998	10,974	10,974	9,594	9,518	9,512	9,512	7,132	7,094	7,094	7,094	6,996	6,986	6,986	6,986	6,986	6,986	6,986	6,986	7,434	7,716	7,756	7,756	7,758	7,776	8,190	8,190	8,190	8,190	8,190	8,190	8,190	8,190	8,190
Common Stock Total Equity	0	0	0	1,828	1,828	1,828	1,828	1,828	1,828	937	937	3,184,668	937	937	937	937	937	937	937	937	937	937	937	937	937	937	937	937	937	937	937	937	937	937	936	936	936	936	934	934	934	934	933	933	933	907	907	907	907	907	907	907	907	907	820	820	820	820	719	679	566	566	566	566	566	566	566	566	565	564	541	541	541	541	540	539	538	536	532	530	494	495	495	495	495	495	495	495	495	495	495	495	495	495	494	491	456	452	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-
Deferred Long Term Asset Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	10,833,694	11,940,446	10,353,808	10,187,967	9,056,173	9,206,556	8,906,135	8,736,094	8,477,404	8,372,534	7,779,636	7,637,837	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-
Good Will	0	2,631,465	2,631,465	2,631,465	2,631,465	2,514,104	2,513,771	2,513,771	2,513,771	538,373	538,373	538,373	538,373	538,373	538,373	538,373	538,373	538,373	538,373	538,373	538,373	538,373	538,373	538,373	538,373	538,373	538,373	538,373	538,373	538,373	538,373	538,373	538,373	538,373	538,373	538,373	538,373	529,887	529,887	529,887	529,887	529,887	529,887	529,887	529,887	529,887	529,887	529,887	529,887	529,887	529,887	529,887	529,887	529,887	529,887	529,887	529,887	529,887	529,887	529,887	529,887	529,887	718,525	719,538	728,038	728,038	770,596	770,489	771,662	770,001	692,388	695,014	698,557	642,889	643,086	642,732	639,512	623,298	603,470	603,719	269,760	274,113	257,820	316,989	320,942	297,359	297,054	301,361	316,602	320,051	326,396	334,159	334,209	326,142	312,525	302,037	140,887	138,829	135,100	139,300	78,000	78,400	81,000	83,600	47,400	48,900	50,500	43,500	45,000	44,300	45,600	46,900	47,200	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-
Intangible Assets	3,250,909	203,135	220,271	229,510	239,034	199,342	207,269	215,780	224,582	17,869	18,987	20,112	21,244	22,383	23,529	19,994	20,955	21,917	22,879	23,841	24,803	25,764	26,726	27,688	28,650	29,611	30,589	31,591	32,619	33,674	34,756	36,249	37,772	39,326	40,914	42,535	44,378	2,666	3,082	3,515	4,183	5,351	6,544	7,786	9,028	10,270	11,512	12,896	14,293	15,690	17,087	18,483	19,880	21,277	22,674	24,071	25,468	26,865	29,705	31,126	32,575	34,039	35,501	36,965	38,429	39,977	45,875	47,933	51,538	55,011	692,388	695,014	698,557	55,681	60,654	65,655	74,978	70,867	72,706	77,533	52,723	56,816	57,736	316,989	320,942	297,359	297,054	301,361	316,602	320,051	326,396	334,159	334,209	326,142	312,525	302,037	140,887	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-
Inventory	0	-1,460,765	-4,127,388	-3,342,804	-4,277,977	2,345	-851,425	-1,102,905	3,095	2,812	2,439	2,756	2,387	2,309	4,678	5,327	6,827	6,474	4,017	5,191	5,498	6,867	5,311	5,960	25,558	26,952	38,169	43,428	32,808	7,865	70,710	57,788	35,490	42,120	43,715	68,504	51,169	74,468	31,309	38,400	22,410	29,484	48,201	85,009	101,251	111,015	96,119	93,603	65,568	62,359	47,183	43,498	39,291	80,455	45,891	43,001	60,264	41,516	250,019	147,744	81,059	55,147	26,009	21,012	22,505	229,736	220,512	379,019	461,974	357,711	311,455	277,820	203,739	273,704	249,001	247,513	355,236	150,249	114,204	156,956	140,493	95,068	282,962	325,808	325,839	408,234	3,705	3,099	4,026	5,038	2,489	2,833	2,762	3,295	3,389	4,118	4,146	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-
Liabilities And Stockholders Equity	76,161,693	75,158,733	73,130,851	74,038,243	74,844,395	71,277,521	69,052,566	67,595,021	65,131,484	34,915,599	35,374,258	33,753,752	33,259,037	32,590,690	32,994,443	32,708,617	31,654,874	30,389,344	29,895,100	28,942,043	28,238,129	27,610,315	27,346,317	27,036,737	26,752,147	26,487,645	26,350,182	26,174,930	26,002,916	26,064,664	25,633,617	25,120,466	24,935,509	24,677,820	24,069,782	23,620,786	23,106,688	22,533,010	21,826,882	21,524,337	21,175,745	20,852,999	20,609,554	20,329,238	20,110,538	20,146,765	19,729,662	19,429,749	19,134,142	18,714,340	18,228,093	17,806,828	17,964,946	18,038,068	17,800,258	17,743,148	18,024,715	17,739,197	17,808,286	17,452,576	17,256,734	17,583,537	17,516,037	17,478,636	17,243,562	17,201,960	16,845,407	16,947,256	16,879,200	17,097,471	18,138,814	18,022,142	17,907,186	17,836,562	17,807,056	17,472,197	17,412,828	17,020,597	17,802,242	17,025,870	15,090,270	14,568,690	14,608,783	14,452,572	14,355,659	13,468,004	13,273,573	12,490,379	12,342,100	11,857,382	11,622,251	11,818,562	11,703,555	11,249,508	11,256,550	11,188,328	10,060,974	9,931,744	8,997,100	9,057,000	8,848,700	9,033,900	9,163,700	9,189,100	7,558,800	7,019,600	6,811,000	5,943,800	5,583,600	3,917,600	3,984,500	3,837,200	3,813,200	3,219,700	3,034,600	2,891,400	2,786,100	2,761,400	2,752,900	2,740,300	2,711,200	2,167,800	2,105,700	2,063,300	2,079,700	2,063,200	66,800	883,000	885,500	888,300	922,300	730,300	714,100	703,800	701,600	708,600	698,800	708,500	701,300	699,000	-	-	-	-	-	-	-	-	-
Long Term Debt	0	3,408,838	2,860,757	1,052,258	9,631,874	1,073,128	1,074,844	3,587,369	1,089,177	573,928	677,448	703,741	566,480	567,663	568,846	570,029	571,212	540,364	549,158	538,379	524,303	226,021	225,957	225,894	225,830	225,767	225,704	225,640	225,577	225,514	225,450	225,387	225,323	226,356	226,327	226,297	226,267	226,237	226,208	226,178	376,412	228,365	229,146	229,928	230,709	334,276	2,538,338	2,752,030	2,577,384	2,455,198	554,478	566,677	570,637	582,837	1,058,239	1,216,445	1,162,918	1,133,070	1,252,810	1,253,643	1,906,262	2,496,793	2,012,935	2,073,565	2,211,496	2,193,288	1,294,681	1,187,572	1,278,800	1,696,869	2,503,421	2,426,407	3,014,686	2,854,916	2,738,962	2,800,554	2,993,962	3,270,350	4,106,099	3,763,339	3,506,722	3,158,164	2,761,838	2,680,542	3,370,590	2,832,223	3,149,246	2,565,236	2,701,742	2,931,689	2,759,749	2,308,097	2,404,253	2,690,791	2,440,424	2,746,958	2,223,252	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	1,050,539	1,052,258	1,071,413	1,073,128	1,074,844	1,076,559	1,078,274	562,931	564,114	565,297	566,480	567,663	568,846	570,029	571,212	540,364	549,158	538,379	524,303	226,021	225,957	225,894	225,830	225,767	225,704	225,640	225,577	225,514	225,450	225,387	225,323	226,356	226,327	226,297	226,267	226,237	226,208	226,178	376,412	228,365	229,146	229,928	230,709	334,276	0	0	0	0	554,478	566,677	570,637	582,837	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-
Long Term Investments	0	16,034,317	14,529,163	14,703,125	14,862,200	14,457,394	898	15,186,356	15,107,151	10,432,979	9,396,751	8,886,136	29,872,367	30,190,760	24,815,447	24,674,065	23,595,672	28,083,694	27,523,179	26,692,825	26,080,992	22,590,425	22,458,782	22,193,538	22,028,274	21,832,144	21,774,784	21,332,705	21,136,140	21,060,503	20,524,386	20,065,928	19,726,868	19,456,888	19,033,072	18,737,223	18,077,311	17,681,668	17,025,082	16,630,986	16,303,968	15,926,726	12,360,613	12,164,012	15,042,067	15,066,729	0	0	0	0	13,933,373	13,882,557	13,937,958	13,839,205	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-
Negative Goodwill	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-
Net Debt	4,252,409	2,405,164	1,244,417	4,245,450	7,691,257	5,693,737	3,972,436	2,685,564	295,964	112,358	-1,926,711	-876,152	-666,627	437,723	760,289	790,226	2,076,671	2,230,945	1,639,176	1,747,555	1,255,374	1,723,330	1,345,861	1,503,568	1,217,034	1,646,086	1,491,149	1,727,927	1,926,215	2,848,298	2,591,506	2,425,389	2,362,475	2,483,330	2,564,384	2,387,849	1,457,357	2,691,429	2,203,890	2,136,965	2,298,239	2,033,496	1,546,676	1,645,776	1,963,263	1,811,400	1,544,019	1,731,203	1,575,836	1,513,179	1,059,426	715,764	698,261	1,138,182	883,268	1,036,955	1,004,853	961,886	1,079,373	999,005	1,124,400	1,764,585	1,791,740	1,750,085	1,261,649	1,396,217	1,029,752	894,349	1,009,739	1,384,981	2,259,987	2,098,785	2,747,145	2,561,210	2,469,103	2,478,178	2,648,198	3,003,896	3,482,370	3,173,931	2,739,637	2,835,021	2,261,196	2,552,021	4,989,585	2,006,970	2,149,692	1,952,727	2,198,947	2,276,334	1,947,361	1,518,957	1,551,704	2,113,288	1,823,864	2,115,478	1,682,513	1,430,820	2,384,300	2,308,400	2,324,800	2,335,900	2,517,600	2,416,900	2,349,500	1,875,400	823,200	1,317,400	966,800	467,200	547,100	390,600	289,200	482,900	19,500	378,600	343,300	321,800	402,000	365,500	220,200	276,700	235,700	202,800	189,100	137,900	17,200	37,300	39,600	-5,800	-90,100	42,900	30,800	58,800	94,900	91,500	89,400	92,800	117,200	121,000	-	-	-	-	-	-	-	-	-
Net Invested Capital	0	11,814,855	10,775,979	13,358,376	17,642,189	14,305,887	12,127,992	11,301,178	8,982,333	3,867,216	3,918,600	3,888,409	3,832,925	3,790,415	4,076,742	4,123,092	5,289,816	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	1,890,088	1,627,408	1,663,199	1,597,806	1,618,175	1,468,928	1,424,401	1,410,616	531,469	571,240	616,609	509,511	626,551	674,304	708,887	701,744	455,380	502,921	452,501	364,378	313,256	281,423	283,668	285,404	286,677	295,309	305,871	280,126	286,597	364,512	385,029	415,552	328,993	324,901	287,966	304,051	301,304	291,657	290,830	270,357	260,687	248,379	250,314	261,960	259,742	260,103	257,660	245,594	237,042	254,796	243,173	259,088	259,194	284,597	322,087	487,184	318,230	70,007	279,925	259,942	254,653	75,830	73,060	77,593	80,432	86,654	85,078	86,878	90,565	93,844	85,719	94,602	85,779	73,253	67,380	67,953	63,406	65,812	59,737	51,297	52,756	53,091	54,034	58,137	54,601	58,480	56,543	58,928	54,288	61,808	64,090	68,898	69,733	71,781	67,593	63,263	58,918	60,000	55,900	57,200	55,000	55,900	53,300	45,000	40,800	40,100	32,800	30,900	24,100	25,600	23,500	24,600	21,600	19,700	17,700	16,700	16,600	16,300	15,500	13,800	11,900	11,900	11,700	11,600	11,600	5,400	5,400	5,800	5,800	5,600	5,800	5,500	6,000	6,200	7,200	6,700	6,600	6,500	6,000	-	-	-	-	-	-	-	-	-
Net Tangible Assets	0	0	5,072,005	5,143,630	5,149,005	5,058,761	4,821,391	4,984,258	5,154,803	2,737,046	2,683,792	2,626,183	2,568,274	2,528,832	2,512,751	2,471,375	2,530,914	2,502,443	2,446,105	2,357,966	2,258,042	2,177,341	2,106,062	2,050,625	2,004,082	1,988,918	1,947,115	1,912,452	1,866,656	1,832,255	1,815,790	1,779,634	1,739,112	1,715,162	1,700,548	1,676,077	1,621,175	1,638,479	1,626,232	1,599,427	1,553,910	1,522,301	1,479,579	1,438,153	1,437,567	1,401,724	0	0	0	0	1,264,430	1,255,771	1,236,347	1,193,319	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-
Net Working Capital	-1,408,075	-37,538,733	-32,935,586	-34,852,312	-35,989,612	-24,655,172	-29,659,731	-28,415,620	-44,397,713	5,205,120	-24,068,908	-23,753,787	-23,430,635	4,192,017	-23,085,310	-24,768,174	-24,007,105	-23,002,102	-22,427,693	-21,689,809	-21,185,218	-20,956,294	-20,876,644	-20,685,469	-20,540,264	-20,378,500	-20,356,293	-19,964,693	-19,817,620	-19,822,188	-19,270,450	-18,848,966	-18,551,000	-18,281,211	-17,829,527	-17,542,143	-16,899,573	-16,494,584	-15,811,935	-15,436,602	-14,999,008	-14,801,092	-14,485,910	-14,252,657	2,716,440	2,670,230	-805,593	-674,891	-772,047	-635,645	-710,093	-582,649	-322,633	-619,623	-523,539	-418,579	-42,434	22,878	-267,968	-472,320	-658,106	-1,034,956	-1,391,703	-878,484	-1,290,406	-850,926	-643,041	-521,551	-587,863	-490,753	-284,624	-445,443	-1,054,960	-833,983	-352,388	-929,226	-927,192	-1,277,508	-1,055,739	-949,034	-1,106,590	-1,201,109	-12,717,343	-2,171,987	-4,605,448	-11,839,340	-309,456	-10,852,200	-10,785,440	-10,255,867	0	0	-875,185	0	-1,312,340	-2,047,885	0	-491,321	-1,135,400	-2,252,500	-2,267,600	-1,872,400	-854,400	-850,400	-2,264,500	-1,813,800	0	0	0	0	0	0	0	0	0	-317,800	0	0	0	0	0	0	0	0	0	-65,600	0	0	0	0	0	0	0	0	0	0	0	19,900	0	-	-	-	-	-	-	-	-	-	-
Non Current Assets Total	75,839,652	73,104,929	3,283,434	3,287,285	3,301,931	3,515,264	3,525,498	18,365,485	18,335,508	11,193,778	10,163,684	9,660,337	9,662,364	9,682,164	9,839,782	9,477,200	9,330,273	9,050,454	8,993,518	8,455,805	8,300,232	7,913,137	7,850,017	7,830,834	7,876,046	7,823,414	7,787,793	7,728,961	7,814,653	7,861,209	7,772,639	7,552,028	7,803,115	7,614,808	7,673,128	7,605,916	7,597,597	7,321,314	7,167,442	7,112,076	7,112,594	7,122,495	7,057,452	7,047,601	7,095,931	6,918,408	6,939,307	6,910,009	6,909,789	6,541,447	6,301,412	5,966,961	6,111,387	6,206,671	6,144,476	6,110,616	6,170,605	5,910,396	5,714,727	4,922,691	4,427,023	4,618,175	3,940,772	3,866,698	3,816,906	3,715,121	3,602,013	3,485,191	3,502,100	3,159,302	4,208,483	4,351,354	4,485,404	4,618,313	4,724,061	4,740,761	4,681,367	4,567,253	5,328,413	4,993,471	4,878,957	4,771,161	4,711,463	4,822,015	4,912,077	4,507,039	4,518,101	4,593,936	4,621,138	4,401,992	4,154,404	4,240,794	4,112,391	3,825,485	3,753,328	3,744,767	3,410,109	3,309,133	3,143,500	3,336,500	3,358,100	3,619,800	3,848,600	3,898,500	3,433,600	2,894,700	2,726,800	2,192,900	1,879,100	1,174,200	1,270,700	1,142,100	1,061,400	1,085,300	1,091,300	981,800	885,500	827,300	855,100	705,800	619,500	552,000	558,200	484,900	461,200	397,400	306,900	329,800	317,000	277,200	219,100	177,000	147,000	154,600	156,000	161,000	159,000	164,500	171,500	114,300	-	-	-	-	-	-	-	-	-
Non Current Liabilities Other	0	0	0	4,553,951	8,866,615	6,612,382	4,776,131	4,254,592	529,636	830,697	919,913	800,029	793,842	1,286,799	1,900,276	2,382,857	3,036,148	1,040,431	2,603,541	2,383,576	1,639,795	2,408,682	2,006,372	2,439,524	2,133,329	2,320,374	2,410,583	2,640,449	2,730,405	3,792,434	3,388,688	3,362,748	3,273,280	3,815,539	3,611,230	3,523,789	2,668,234	4,110,187	3,527,179	3,618,583	3,351,488	1,331,662	2,974,759	1,213,349	1,033,767	1,076,160	0	0	0	0	1,220,905	1,079,866	857,394	1,091,477	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	65,684,079	26,876,200	30,222,233	29,545,446	28,313,718	1,073,128	1,074,844	3,587,369	1,089,177	573,928	677,448	703,741	705,034	700,827	1,002,089	1,093,350	2,344,611	2,488,840	1,942,007	1,965,035	1,476,033	2,052,829	1,667,841	1,802,850	1,427,860	1,902,872	1,733,385	1,993,397	2,148,409	3,068,422	2,813,433	2,688,444	2,588,454	2,890,495	2,835,539	2,735,582	1,810,624	3,085,668	2,516,412	2,443,502	2,580,018	2,280,786	1,831,615	1,857,445	2,133,272	2,161,888	1,788,338	2,002,030	1,826,784	1,805,198	1,315,442	969,808	973,934	1,350,842	1,058,239	1,216,445	1,162,918	1,133,070	1,252,810	1,253,643	1,333,262	2,023,793	2,012,935	2,073,565	1,535,970	1,702,871	1,294,681	1,187,572	1,278,800	1,696,869	1,881,519	1,567,623	1,597,583	1,641,448	2,043,462	1,481,572	1,653,053	1,662,982	2,360,819	2,165,160	1,581,750	1,581,156	2,475,762	326,000	326,000	2,289,029	1,781,756	2,196,984	2,399,579	2,531,179	2,204,763	1,856,967	607,621	2,380,074	439,743	0	1,886,850	880,581	1,188,900	0	0	408,500	1,607,300	1,513,200	40,000	20,800	1,039,000	1,446,400	1,081,100	552,400	685,200	477,700	406,700	553,100	130,100	43,100	425,100	410,700	452,700	411,500	327,700	309,000	257,000	248,200	232,000	60,700	60,300	66,600	75,000	65,500	82,100	76,400	80,400	88,600	105,600	109,300	105,100	106,100	133,000	140,500	-	-	-	-	-	-	-	-	-
Non Currrent Assets Other	72,165,615	67,405,580	-15,008,089	-15,080,713	-15,177,725	-14,457,394	-14,590,882	-269,790	-18,335,508	-11,193,778	-10,163,684	-9,660,337	-9,662,364	-9,682,164	-9,839,782	-9,477,200	-9,330,273	-9,050,454	-8,993,518	-8,455,805	-8,300,232	-7,913,137	-7,850,017	-7,830,834	-7,876,046	-7,823,414	-7,787,793	-7,728,961	-7,814,653	-7,861,209	-7,772,639	-7,552,028	-7,803,115	-7,614,808	-7,673,128	-7,605,916	-7,597,597	-7,321,314	-7,167,442	-7,112,076	-7,112,594	-7,122,495	-7,057,452	-7,047,601	-7,095,931	-6,918,408	-6,939,307	-6,910,009	-6,909,789	-6,541,447	-6,301,412	-5,966,961	-6,111,387	-6,206,671	-6,144,476	-6,110,616	-6,170,605	-5,910,396	-5,714,727	-4,922,691	-4,427,023	-4,618,175	-3,940,772	-3,866,698	-3,816,906	-3,715,121	-3,602,013	-3,485,191	-3,502,100	-3,159,302	-4,208,483	-4,351,354	-4,485,404	-4,618,313	-4,724,061	-4,740,761	-4,681,367	-4,567,253	-5,328,413	-4,993,471	-4,878,957	-4,771,161	-4,711,463	-4,822,015	-4,912,077	-4,507,039	-4,518,101	-4,593,936	-4,621,138	-4,401,992	-4,154,404	-4,240,794	-4,112,391	-3,825,485	-3,753,328	-3,744,767	-3,410,109	-3,309,133	-3,143,500	-3,336,500	-3,358,100	-3,619,800	-3,848,600	-3,898,500	-3,433,600	-2,894,700	-2,726,800	-2,192,900	-1,879,100	-1,174,200	-1,270,700	-1,142,100	-1,061,400	-1,085,300	-1,091,300	-981,800	-885,500	-827,300	-855,100	-705,800	-619,500	-552,000	-558,200	-484,900	-461,200	-397,400	-306,900	-329,800	-317,000	-277,200	-219,100	-177,000	-147,000	-154,600	-156,000	-161,000	-159,000	-164,500	-171,500	-114,300	-	-	-	-	-	-	-	-	-
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	1,931,548	0	0	9,577	9,577	9,577	9,644	1,906,496	1,883,739	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-
Other Assets	0	0	68,073,586	69,390,199	69,295,693	57,987,267	55,686,609	38,264,972	35,847,250	18,493,928	18,624,732	18,634,020	18,401,521	18,692,095	18,934,340	19,035,782	18,338,286	17,699,782	17,135,727	16,837,600	16,375,544	16,155,693	16,068,944	15,842,372	15,606,365	15,482,731	15,433,682	15,066,662	14,788,883	14,705,643	14,234,428	13,998,404	13,410,394	13,342,223	12,785,181	12,542,013	11,883,664	11,722,280	11,181,375	10,834,863	10,502,159	10,115,596	9,825,012	9,562,294	9,264,400	9,481,967	12,285,933	11,991,253	11,727,811	11,643,832	11,415,869	11,342,650	11,318,798	11,359,543	11,130,959	11,090,914	11,046,668	10,949,077	11,489,497	11,987,106	12,340,965	12,429,347	13,278,240	13,215,398	13,074,742	13,099,753	12,891,811	13,083,764	13,021,161	13,535,716	13,593,053	13,257,447	13,059,639	12,838,764	12,739,883	12,341,680	12,317,744	12,123,484	12,173,568	11,719,844	9,929,879	9,535,539	9,629,663	9,321,878	9,133,379	8,624,305	8,484,386	7,595,643	7,461,402	7,146,257	7,148,637	7,175,668	7,284,777	7,087,504	7,188,907	7,108,554	6,383,265	6,280,072	5,622,600	5,496,600	5,223,900	5,181,600	5,122,700	5,083,700	3,967,000	3,931,300	3,828,300	3,589,100	3,559,300	2,634,100	2,550,100	2,584,500	2,609,700	2,042,600	1,813,000	1,825,400	1,802,100	1,828,600	1,830,800	1,973,000	1,970,400	1,571,600	1,514,300	1,521,300	1,564,000	1,601,400	524,700	518,500	527,300	534,000	525,400	514,000	512,000	513,400	528,700	522,600	517,400	511,100	507,500	559,200	-	-	-	-	-	-	-	-	-
Other Current Assets	0	2,053,804	2,499,980	1,679,605	2,680,171	-575,825	851,425	1,102,905	1,425,491	18,493,928	18,624,732	18,634,020	18,401,521	18,692,095	18,934,340	19,035,782	18,338,286	17,699,782	17,135,727	16,837,600	16,375,544	16,155,693	16,068,944	15,842,372	15,606,365	15,482,731	15,433,682	15,066,662	14,788,883	14,705,643	14,234,428	13,998,404	13,410,394	13,342,223	12,785,181	12,542,013	11,883,664	11,722,280	11,181,375	10,834,863	10,502,159	10,115,596	9,825,012	9,562,294	9,264,400	9,481,967	12,285,933	11,991,253	11,727,811	11,643,832	11,415,869	11,342,650	11,318,798	11,359,543	11,130,959	11,090,914	11,046,668	10,949,077	11,239,478	11,987,106	12,340,965	12,429,347	13,278,240	13,215,398	13,074,742	13,099,753	12,891,811	13,083,764	13,021,161	13,535,716	13,593,053	13,257,447	13,059,639	12,838,764	12,739,883	12,341,680	12,317,744	12,123,484	12,173,568	11,719,844	9,929,879	9,535,539	9,629,663	9,321,878	9,133,379	8,624,305	12,622,766	11,806,416	11,683,729	11,145,390	10,892,134	10,996,808	10,975,120	10,492,584	10,524,907	10,437,191	9,545,392	9,346,973	8,542,400	8,607,900	8,425,100	8,643,700	8,810,900	8,820,700	7,291,100	6,718,500	6,446,200	5,669,200	5,337,300	3,704,700	3,700,400	3,613,300	3,556,400	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-
Other Current Liab	0	36,613,025	32,619,263	31,536,761	29,380,046	27,792,013	35,036,962	35,606,389	54,356,283	-22,773	30,026,327	28,846,966	28,481,834	-24,414	26,920,553	26,355,997	24,513,837	23,324,746	23,280,665	22,598,778	22,750,928	21,858,845	21,997,623	21,343,356	21,385,042	20,993,729	20,855,235	20,458,097	20,241,657	19,303,857	19,200,908	18,828,468	18,724,523	17,952,778	17,582,230	17,294,266	17,545,650	15,651,605	15,546,918	15,202,845	15,039,989	14,854,420	14,999,531	14,835,575	14,623,882	14,530,835	0	0	0	0	13,585,934	13,716,527	14,124,668	13,608,785	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-621,902	-858,784	-1,417,103	-1,213,468	-695,500	-1,318,982	-1,340,909	-1,607,368	-1,356,000	-1,261,589	-1,388,024	-1,463,099	0	-2,480,666	-4,915,651	0	-580,542	11,153,000	11,045,000	10,565,000	0	0	-1,181,572	0	-1,626,655	-2,382,892	0	-833,860	-1,366,400	-2,476,400	-2,534,300	-2,104,900	-1,046,800	-1,057,300	-2,422,700	-2,007,400	0	0	0	0	0	0	0	0	0	-402,000	0	0	0	0	0	0	0	0	0	-130,000	0	0	0	0	0	0	0	0	0	0	0	-13,000	0	-	-	-	-	-	-	-	-	-	-
Other Liab	0	0	426,464	400,510	0	363,026	311,282	310,881	258,897	14,877	32,886	155,168	44,715	46,940	26,085	25,139	25,184	23,584	17,969	17,537	17,511	34,894	13,324	13,696	291,804	245,817	219,873	245,618	244,919	223,712	306,942	226,897	274,416	267,576	247,450	196,739	310,962	222,300	215,727	192,253	168,227	176,943	238,459	295,394	191,486	284,352	234,194	318,866	199,330	242,637	255,892	197,970	184,320	203,898	213,126	203,222	162,678	159,120	185,342	158,102	216,734	220,187	155,853	152,198	195,687	160,710	187,489	193,543	183,617	162,560	171,771	196,515	156,445	171,317	126,537	126,011	142,910	196,925	144,963	95,112	110,156	97,690	169,301	155,233	128,921	239,923	82,679	83,376	98,459	91,503	229,260	136,364	269,425	187,810	112,385	173,014	120,986	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	5,672,230	5,658,843	5,695,297	5,739,762	-2,028,901	-1,806,114	-1,902,306	-2,001,152	-4,621,416	-4,524,136	-4,418,100	-4,311,420	-4,239,556	-4,215,314	-4,131,864	-3,969,482	-4,050,560	-3,947,392	-3,779,486	-3,588,058	-3,395,302	-3,258,944	-3,155,662	-3,068,090	-3,008,462	-2,932,974	-2,848,436	-2,765,998	-2,696,654	-2,678,694	-2,616,076	-2,545,066	-2,478,906	-2,457,484	-2,398,790	-2,361,452	-2,291,712	-2,272,906	-2,226,388	-2,140,794	-2,063,878	-1,990,352	-1,916,208	-1,925,956	1,945,626	2,041,030	2,034,114	2,027,020	2,021,410	2,007,616	2,006,244	2,028,436	2,022,456	1,714,394	1,702,432	1,695,580	1,691,658	1,424,678	1,344,128	1,168,686	1,158,524	1,136,140	1,131,314	571,058	568,341	606,372	652,285	734,040	726,886	546,929	551,584	570,567	598,579	611,695	610,312	608,242	605,149	584,733	578,160	302,804	303,294	277,459	280,301	279,965	280,749	306,280	377,787	395,502	810,106	411,363	825,500	811,744	805,942	401,654	797,650	481,052	596,124	240,700	240,000	177,500	221,000	235,200	246,800	172,000	168,700	166,400	151,000	149,900	108,500	127,800	132,100	132,900	131,800	90,100	90,300	89,700	89,100	84,100	84,100	84,200	63,800	63,100	63,000	75,400	75,000	33,000	33,000	33,000	32,600	32,600	32,500	32,600	32,300	33,500	34,500	34,600	34,400	34,500	34,500	-	-	-	-	-	-	-	-	-
Preferred Stock Redeemable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-
Preferred Stock Total Equity	0	0	0	283,979	283,979	283,979	283,979	283,979	283,979	145,037	145,037	145,037	145,037	145,037	145,037	145,037	0	145,037	145,037	145,037	145,037	145,037	145,037	145,037	145,037	145,056	122,710	122,710	122,710	122,710	122,710	122,710	122,710	122,710	122,710	122,710	151,649	151,649	151,649	151,649	151,649	151,649	151,649	151,649	151,649	151,649	28,939	28,939	28,939	28,939	28,939	28,939	28,939	28,939	324,798	324,471	324,144	422,109	449,134	448,698	616,762	616,326	225,000	225,000	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	-	-	-	-	-	-	-	-	-	-
Property Plant And Equipment Gross	0	615,926	0	0	0	655,336	0	0	0	0	0	215,716	220,982	226,743	250,535	258,392	268,420	270,413	278,642	278,227	279,580	124,850	128,507	127,973	127,196	130,001	130,358	131,833	134,551	137,413	137,067	134,482	134,212	129,426	127,216	123,828	123,548	121,933	118,608	119,840	121,473	121,605	121,250	122,704	127,609	134,562	135,394	137,420	141,088	147,379	148,274	152,009	155,464	157,724	160,774	164,865	171,178	178,422	179,353	179,625	182,629	185,928	188,443	190,273	192,928	193,063	197,852	194,412	196,232	195,909	189,562	188,125	184,831	182,856	179,463	171,579	161,635	149,069	136,385	132,842	99,866	95,631	85,521	85,062	82,525	84,683	82,667	81,802	82,209	82,808	84,511	85,495	87,839	94,263	104,803	114,093	107,095	103,403	88,600	85,900	78,900	79,300	79,400	77,900	62,100	58,600	58,400	69,300	56,100	59,300	74,800	66,400	67,500	40,700	30,500	30,400	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-
Property Plant And Equipment Net	423,128	429,561	431,698	426,310	431,432	430,184	434,721	449,578	490,004	204,557	209,573	215,716	220,982	226,743	250,535	258,392	268,420	270,413	278,642	278,227	279,580	124,850	128,507	127,973	127,196	130,001	130,358	131,833	134,551	137,413	137,067	134,482	134,212	129,426	127,216	123,828	123,548	121,933	118,608	119,840	121,473	121,605	121,250	122,704	127,609	134,562	135,394	137,420	141,088	147,379	148,274	152,009	155,464	157,724	160,774	164,865	171,178	178,422	179,353	179,625	182,629	185,928	188,443	190,273	192,928	193,063	197,852	194,412	196,232	195,909	189,562	188,125	184,831	182,856	179,463	171,579	161,635	149,069	136,385	132,842	99,866	95,631	85,521	85,062	82,525	84,683	82,667	81,802	82,209	82,808	84,511	85,495	87,839	94,263	104,803	114,093	107,095	103,403	88,600	85,900	78,900	79,300	79,400	77,900	62,100	58,600	58,400	69,300	56,100	59,300	74,800	66,400	67,500	40,700	30,500	30,400	52,600	56,700	58,500	68,300	70,500	46,300	24,700	45,500	46,100	23,100	17,800	18,400	20,100	8,400	6,400	6,400	6,500	6,600	6,300	6,300	6,400	6,600	6,800	6,600	-	-	-	-	-	-	-	-	-
Property Plant Equipment	0	0	431,698	426,310	431,432	430,184	434,721	449,578	490,004	204,557	209,573	215,716	220,982	226,743	250,535	258,392	268,420	270,413	278,642	278,227	279,580	124,850	128,507	127,973	127,196	130,001	130,358	131,833	134,551	137,413	137,067	134,482	134,212	129,426	127,216	123,828	123,548	121,933	118,608	119,840	121,473	121,605	121,250	122,704	127,609	134,562	135,394	137,420	141,088	147,379	148,274	152,009	155,464	157,724	160,774	164,865	171,178	178,422	179,353	179,625	182,629	185,928	188,443	190,273	192,928	193,063	197,852	194,412	196,232	195,909	189,562	188,125	184,831	182,856	179,463	171,579	161,635	149,069	136,385	132,842	99,866	95,631	85,521	85,062	82,525	84,683	82,667	81,802	82,209	82,808	84,511	85,495	87,839	94,263	104,803	109,975	107,095	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-
Retained Earnings	0	3,282,530	3,170,330	3,017,445	2,856,745	2,713,861	2,543,015	2,383,638	2,276,875	2,333,288	2,260,560	2,203,160	2,147,436	2,077,522	2,055,620	2,024,487	2,009,541	2,061,352	2,010,930	1,955,933	1,895,870	1,828,303	1,761,036	1,699,767	1,649,524	1,595,762	1,535,585	1,496,300	1,460,026	1,425,320	1,392,500	1,365,549	1,342,930	1,317,559	1,288,261	1,260,090	1,230,816	1,202,117	1,172,372	1,143,189	1,114,088	1,080,488	1,054,117	1,023,243	993,889	1,000,427	962,594	928,523	898,031	865,427	839,816	804,109	776,968	746,057	723,450	710,295	699,642	708,024	759,683	786,949	759,020	783,875	1,109,114	1,146,628	1,191,315	1,183,621	1,208,364	1,189,713	1,173,924	1,152,737	1,130,107	1,135,285	1,106,463	1,075,984	1,043,905	1,010,773	977,963	942,830	938,759	901,598	866,404	833,357	801,550	769,827	738,807	707,531	676,841	645,491	621,336	590,254	561,959	535,325	509,201	490,078	466,101	453,284	421,036	400,413	370,900	351,400	332,600	314,800	297,700	281,800	205,900	193,300	181,200	143,000	133,300	94,800	88,700	83,800	79,800	75,900	63,300	59,500	56,000	52,600	50,700	47,300	44,200	41,700	39,600	37,400	41,100	35,000	33,800	32,900	32,100	31,500	30,900	30,500	30,100	29,700	29,400	34,700	34,400	34,200	35,400	34,700	-	-	-	-	-	-	-	-	-
Retained Earnings Total Equity	0	0	0	3,017,445	2,856,745	2,713,861	2,543,015	2,383,638	2,276,875	2,333,288	2,260,560	2,203,160	2,147,436	2,077,522	2,055,620	2,024,487	2,009,541	2,061,352	2,010,930	1,955,933	1,895,870	1,828,303	1,761,036	1,699,767	1,649,524	1,595,762	1,535,585	1,496,300	1,460,026	1,425,320	1,392,500	1,365,549	1,342,930	1,317,559	1,288,261	1,260,090	1,230,816	1,202,117	1,172,372	1,143,189	1,114,088	1,080,488	1,054,117	1,023,243	993,889	1,000,427	0	1,931,548	0	0	839,816	804,109	776,968	746,057	1,906,496	1,883,739	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-
Short Long Term Debt	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1,690,000	1,109,295	1,078,026	578,026	1,403,026	948,731	1,075,000	700,000	1,150,000	2,636,443	2,866,275	2,730,405	2,130,500	3,388,688	3,362,748	0	2,025,934	0	0	0	2,275,000	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	-	-	-	-	-	-	-	-	-	-
Short Long Term Debt Total	4,574,450	4,120,959	3,018,248	5,606,209	9,938,028	6,533,680	4,585,561	3,587,369	1,089,177	573,928	677,448	703,741	705,034	700,827	1,002,089	1,093,350	2,344,611	2,488,840	1,942,007	1,965,035	1,476,033	2,052,829	1,667,841	1,802,850	1,427,860	1,902,872	1,733,385	1,993,397	2,148,409	3,068,422	2,813,433	2,688,444	2,588,454	2,890,495	2,835,539	2,735,582	1,810,624	3,085,668	2,516,412	2,443,502	2,580,018	2,280,786	1,831,615	1,857,445	2,133,272	2,161,888	1,788,338	2,002,030	1,826,784	1,805,198	1,315,442	969,808	973,934	1,350,842	1,058,239	1,216,445	1,162,918	1,133,070	1,252,810	1,253,643	1,333,262	2,023,793	2,012,935	2,073,565	1,535,970	1,702,871	1,294,681	1,187,572	1,278,800	1,696,869	2,503,421	2,426,407	3,014,686	2,854,916	2,738,962	2,800,554	2,993,962	3,270,350	3,716,819	3,426,749	2,969,774	3,044,255	2,475,762	2,806,666	5,241,651	2,289,029	2,362,298	2,196,984	2,399,579	2,531,179	2,204,763	1,856,967	1,789,193	2,380,074	2,066,398	2,382,892	1,886,850	1,714,441	2,555,300	2,476,400	2,534,300	2,513,400	2,654,100	2,570,500	2,462,700	2,028,200	1,039,000	1,446,400	1,081,100	552,400	685,200	477,700	406,700	553,100	130,100	445,100	425,100	410,700	452,700	411,500	327,700	309,000	257,000	248,200	232,000	190,700	60,300	66,600	75,000	65,500	82,100	76,400	80,400	88,600	105,600	109,300	105,100	119,100	133,000	140,500	-	-	-	-	-	-	-	-	-
Short Term Debt	0	2,979,512	2,090,154	4,676,310	8,856,337	6,638,149	4,463,228	3,773,795	0	22,773	0	0	0	24,414	0	0	0	1,690,000	1,109,295	1,078,026	578,026	1,403,026	948,731	1,075,000	700,000	1,150,000	2,636,443	2,866,275	2,730,405	2,130,500	3,388,688	3,362,748	0	2,025,934	0	0	0	2,275,000	0	0	0	2,052,421	0	1,627,517	1,033,767	1,076,160	1,310,015	1,203,378	1,268,589	1,164,706	1,220,905	1,079,866	857,394	1,091,477	1,048,362	960,197	849,876	856,846	872,030	1,015,099	1,146,852	1,570,971	1,688,728	1,275,024	1,642,320	1,238,012	994,624	899,852	943,802	893,206	621,902	858,784	1,417,103	1,213,468	695,500	1,318,982	1,340,909	1,607,368	1,356,000	1,261,589	1,388,024	1,463,099	0	2,480,666	4,915,651	0	580,542	0	0	0	0	0	1,181,572	0	1,626,655	2,382,892	0	833,860	1,366,400	2,476,400	2,534,300	2,104,900	1,046,800	1,057,300	2,422,700	2,007,400	0	0	0	0	0	0	0	0	0	402,000	0	0	0	0	0	0	0	0	0	130,000	0	0	0	0	0	0	0	0	0	0	0	13,000	0	-	-	-	-	-	-	-	-	-	-
Short Term Investments	0	36,958	47,286	33,164	41,593	7,892,697	8,085,044	8,638,358	8,744,897	4,234,854	3,410,443	3,262,893	3,313,980	3,326,776	3,304,217	3,183,624	3,016,631	2,925,833	2,960,103	2,978,657	2,977,316	2,898,730	2,823,953	2,780,581	2,773,506	2,638,037	2,591,162	2,807,966	2,897,060	2,991,091	3,040,111	2,921,950	3,080,469	2,984,631	3,015,417	2,837,158	2,968,109	2,793,873	2,873,886	2,980,031	3,008,856	3,106,931	3,193,772	3,257,360	3,318,238	3,136,160	3,120,354	3,153,580	3,144,867	2,874,764	2,500,151	2,143,072	2,195,109	2,413,776	65,255	40,041	162,193	390,310	360,618	8,216	19,942	22,154	6,449	2,996	4,042	5,112	80,270	8,222	6,161	175,648	9,562	59,666	11,889	36,302	9,224	13,088	79,676	17,629	25,783	39,887	22,130	42,420	26,196	0	0	15,596	0	0	0	35,937	0	0	0	1,751	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	1,931,548	0	0	0	0	0	0	1,906,496	1,883,739	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	76,161,693	75,158,733	73,130,851	74,038,243	74,844,395	71,277,521	69,052,566	67,595,021	65,131,484	34,915,599	35,374,258	33,753,752	33,259,037	32,590,690	32,994,443	32,708,617	31,654,874	30,389,344	29,895,100	28,942,043	28,238,129	27,610,315	27,346,317	27,036,737	26,752,147	26,487,645	26,350,182	26,174,930	26,002,916	26,064,664	25,633,617	25,120,466	24,935,509	24,677,820	24,069,782	23,620,786	23,106,688	22,533,010	21,826,882	21,524,337	21,175,745	20,852,999	20,609,554	20,329,238	20,110,538	20,146,765	19,729,662	19,429,749	19,134,142	18,714,340	18,228,093	17,806,828	17,964,946	18,038,068	17,800,258	17,743,148	18,024,715	17,739,197	17,808,286	17,452,576	17,256,734	17,583,537	17,516,037	17,478,636	17,243,562	17,201,960	16,845,407	16,947,256	16,879,200	17,097,471	18,138,814	18,022,142	17,907,186	17,836,562	17,807,056	17,472,197	17,412,828	17,020,597	17,802,242	17,025,870	15,090,270	14,568,690	14,608,783	14,452,572	14,355,659	13,468,004	13,273,573	12,490,379	12,342,100	11,857,382	11,622,251	11,818,562	11,703,555	11,249,508	11,256,550	11,188,328	10,060,974	9,931,744	8,997,100	9,057,000	8,848,700	9,033,900	9,163,700	9,189,100	7,558,800	7,019,600	6,811,000	5,943,800	5,583,600	3,917,600	3,984,500	3,837,200	3,813,200	3,219,700	3,034,600	2,891,400	2,786,100	2,761,400	2,752,900	2,740,300	2,711,200	2,167,800	2,105,700	2,063,300	2,079,700	2,063,200	880,100	883,000	885,500	888,300	922,300	730,300	714,100	703,800	701,600	708,600	698,800	708,500	701,300	699,000	-	-	-	-	-	-	-	-	-
Total Current Assets	322,041	2,053,804	1,773,831	1,360,759	2,246,771	9,774,990	9,840,459	10,964,564	10,948,726	5,227,893	6,585,842	5,459,395	5,195,152	4,216,431	4,220,321	4,195,635	3,986,315	3,639,108	3,765,855	3,648,638	3,562,353	3,541,485	3,427,356	3,363,531	3,269,736	3,181,500	3,128,707	3,379,307	3,399,380	3,497,812	3,626,550	3,570,034	3,722,000	3,720,789	3,611,473	3,472,857	3,625,427	3,489,416	3,478,065	3,577,398	3,560,992	3,614,908	3,727,090	3,719,343	3,750,207	3,746,390	504,422	528,487	496,542	529,061	510,812	497,217	534,761	471,854	524,823	541,618	807,442	879,724	604,062	542,779	488,746	536,015	297,025	396,540	351,914	387,086	351,583	378,301	355,939	402,453	337,278	413,341	362,143	379,485	343,112	389,756	413,717	329,860	300,261	312,555	281,434	261,990	267,657	308,679	310,203	336,660	271,086	300,800	259,560	309,133	319,210	402,100	306,387	336,519	314,315	335,007	267,600	342,539	231,000	223,900	266,700	232,500	192,400	206,900	158,200	193,600	255,900	161,800	145,200	109,300	163,700	110,600	142,100	91,800	130,300	84,200	98,500	105,500	67,000	61,500	121,300	44,200	33,200	57,100	54,500	64,400	48,500	34,700	41,200	77,100	177,800	39,300	55,100	35,800	16,900	25,000	22,400	32,900	22,300	25,500	-	-	-	-	-	-	-	-	-
Total Current Liabilities	1,730,116	39,592,537	34,709,417	36,213,071	38,236,383	34,430,162	39,500,190	39,380,184	55,346,439	22,773	30,654,750	29,213,182	28,625,787	24,414	27,305,631	28,963,809	27,993,420	26,641,210	26,193,548	25,338,447	24,747,571	24,497,779	24,304,000	24,049,000	23,810,000	23,560,000	23,485,000	23,344,000	23,217,000	23,320,000	22,897,000	22,419,000	22,273,000	22,002,000	21,441,000	21,015,000	20,525,000	19,984,000	19,290,000	19,014,000	18,560,000	18,416,000	18,213,000	17,972,000	1,033,767	1,076,160	1,310,015	1,203,378	1,268,589	1,164,706	1,220,905	1,079,866	857,394	1,091,477	1,048,362	960,197	849,876	856,846	872,030	1,015,099	1,146,852	1,570,971	1,688,728	1,275,024	1,642,320	1,238,012	994,624	899,852	943,802	893,206	621,902	858,784	1,417,103	1,213,468	695,500	1,318,982	1,340,909	1,607,368	1,356,000	1,261,589	1,388,024	1,463,099	12,985,000	2,480,666	4,915,651	12,176,000	580,542	11,153,000	11,045,000	10,565,000	0	0	1,181,572	0	1,626,655	2,382,892	0	833,860	1,366,400	2,476,400	2,534,300	2,104,900	1,046,800	1,057,300	2,422,700	2,007,400	0	0	0	0	0	0	0	0	0	402,000	0	0	0	0	0	0	0	0	0	130,000	0	0	0	0	0	0	0	0	0	0	0	13,000	0	-	-	-	-	-	-	-	-	-	-
Total Liab	67,414,195	66,468,737	64,931,650	65,758,517	66,550,101	63,221,335	61,226,156	3,587,369	1,089,177	31,477,274	677,448	703,741	705,034	29,356,065	1,002,089	1,093,350	2,344,611	2,488,840	1,942,007	1,965,035	1,476,033	2,052,829	1,667,841	1,802,850	1,427,860	1,902,872	1,733,385	1,993,397	2,148,409	3,068,422	2,813,433	2,688,444	2,588,454	2,890,495	2,835,539	2,735,582	1,810,624	3,085,668	2,516,412	2,443,502	2,580,018	2,280,786	1,831,615	1,857,445	2,133,272	2,161,888	1,788,338	2,002,030	1,826,784	1,805,198	1,315,442	969,808	973,934	1,350,842	1,058,239	1,216,445	1,162,918	1,133,070	1,252,810	1,253,643	1,333,262	2,023,793	2,012,935	2,073,565	1,535,970	1,702,871	1,294,681	1,187,572	1,278,800	1,696,869	16,446,090	16,367,611	16,256,847	16,179,759	16,161,597	15,851,709	15,839,657	15,467,046	16,274,683	15,565,377	13,868,731	13,406,218	2,475,762	13,233,431	13,154,381	2,289,029	12,090,065	2,196,984	2,399,579	2,531,179	2,204,763	1,856,967	10,619,068	2,380,074	10,228,991	2,382,892	1,886,850	9,096,500	8,224,700	2,476,400	2,534,300	8,279,400	8,398,200	8,441,100	7,009,400	6,487,800	1,039,000	1,446,400	1,081,100	552,400	685,200	477,700	406,700	553,100	130,100	2,741,800	425,100	410,700	452,700	411,500	327,700	309,000	257,000	248,200	232,000	1,953,200	60,300	66,600	75,000	65,500	82,100	76,400	80,400	88,600	105,600	109,300	105,100	639,900	133,000	140,500	-	-	-	-	-	-	-	-	-
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	2,527,012	2,511,629	2,476,966	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1,931,548	0	0	0	0	0	0	1,906,496	1,883,739	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-
Total Stockholder Equity	8,747,498	8,689,996	8,199,201	8,279,726	8,294,294	8,056,186	7,826,410	7,997,788	8,177,135	3,438,325	3,386,189	3,329,705	3,272,928	3,234,625	3,219,690	3,174,779	3,090,242	3,207,770	3,152,394	3,065,217	2,966,255	2,886,515	2,816,198	2,761,723	2,716,142	2,701,958	2,638,787	2,605,126	2,560,358	2,527,012	2,511,629	2,476,966	2,437,967	2,415,571	2,402,545	2,379,695	2,355,575	2,322,681	2,310,850	2,284,478	2,239,629	2,209,188	2,167,659	2,127,475	2,128,131	2,093,530	1,983,678	1,931,548	1,894,942	1,845,774	1,840,343	1,833,080	1,815,053	1,773,422	1,896,851	1,874,091	1,846,076	1,948,393	1,887,734	1,841,518	1,855,495	1,874,119	1,816,569	1,891,705	1,716,716	1,736,632	1,805,043	1,837,651	1,905,014	1,876,863	1,683,147	1,644,954	1,640,762	1,647,226	1,635,882	1,610,911	1,563,594	1,543,974	1,517,982	1,450,916	1,211,962	1,152,895	1,103,442	1,099,309	1,070,446	1,035,458	1,041,281	1,067,188	1,011,492	1,016,044	1,017,829	956,479	934,487	939,951	827,982	836,751	650,058	685,244	572,800	565,400	512,700	554,900	615,500	598,000	449,400	382,200	363,600	298,500	283,500	206,300	216,700	214,700	213,800	210,000	153,800	149,600	143,400	137,900	132,600	129,600	127,500	105,600	102,700	100,400	116,500	110,000	66,800	65,900	65,100	64,100	63,500	63,000	62,700	62,000	62,900	69,200	69,000	68,600	69,900	69,200	-	-	-	-	-	-	-	-	-
Treasury Stock	0	0	0	-455,416	-397,981	-431,762	-426,808	-339,178	-239,264	-126,951	-126,738	-126,445	-133,893	-140,659	-140,414	-140,883	-141,797	-76,734	-82,480	-84,393	-86,855	-71,504	-74,096	-77,496	-84,399	-70,430	-75,032	-67,400	-71,188	-70,899	-76,742	-80,165	-84,138	-71,854	-74,666	-67,844	-106,633	-103,294	-106,639	-109,599	-110,226	-100,918	-106,443	-109,072	-112,524	-172,807	-124,877	-129,235	-132,631	-134,641	-141,338	-143,275	-146,711	-149,462	-151,180	-156,539	-159,363	-161,911	-152,236	-152,548	-151,376	-154,225	-157,125	-163,439	-165,544	-166,263	-133,161	-85,015	-60	0	-77,254	-70,918	-58,931	-21,065	-6,503	-2,613	-2,314	-547	0	0	-108,790	-112,713	-137,285	-134,157	-134,747	-134,318	-108,838	-37,169	-19,404	-10,141	-4,604	-3,307	-10,271	-13,361	-13,362	-119	-66,821	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-
Warrants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-

Cash Flow

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31	1993-12-31	1992-12-31	1991-12-31	1990-12-31	1989-12-31
Begin Period Cash Flow	839,943	461,570	263,104	257,895	329,499	231,158	190,663	199,693	261,544	223,616	252,283	195,957	159,849	171,184	259,208	306,654	311,888	293,706	248,825	209,234	266,463	218,908	265,035	245,783	213,142	151,300	105,200	44,200	44,300	17,800	21,300	9,100	8,000	8,700	7,700
Capital Expenditures	40,303	28,762	16,589	21,280	25,717	32,958	28,546	40,731	36,115	30,039	21,886	21,983	28,867	18,679	31,729	33,734	34,540	36,027	58,539	49,074	22,560	18,555	6,747	6,893	16,339	19,800	9,400	10,000	8,500	14,400	3,300	15,800	2,900	1,200	1,000
Cash And Cash Equivalents Changes	0	378,373	198,466	5,209	-71,604	29,264	40,495	-9,030	-10,286	37,928	-28,667	56,326	0	-11,335	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	495,930	98,387	-92,687	-147,571	-9,950	12,973	78,666	-49,899	-26,945	262,020	173,697	0	74,224	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change In Cash	875,852	378,373	198,466	5,209	-71,604	29,264	40,495	-9,030	-10,286	37,928	-28,667	56,326	36,108	-11,335	-88,024	-47,446	-5,234	18,182	44,881	39,591	-57,229	47,555	-46,127	19,252	32,641	22,600	17,000	41,000	-100	18,200	-6,000	12,200	1,100	-600	900
Change In Working Capital	-203,154	308,523	150,659	-87,493	-182,932	-48,034	28,026	44,989	-27,583	-28,308	55,036	-71,611	-28,076	36,807	-221,334	5,966	68,861	-101,548	-101,863	108,561	-42,948	-30,452	-60,113	20,005	-5,266	-28,200	-600	-17,300	3,300	4,400	31,300	-18,600	8,100	-3,400	5,300
Change Receivables	0	56,783	22,781	27,868	2,479	0	0	0	0	0	0	-12,197	0	71,451	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	-13,774	-106,740	-69,263	25,657	-23,790	-739	-19,790	50,737	-49,899	-23,932	83,541	-12,197	-7,013	0	-174,421	6,125	10,133	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	45,393	0	3,542	0	99,568	0	0	0	0	217,326	46,222	0	0	35,319	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Liabilities	0	-149,103	38,064	-8,121	-23,257	-28,066	29,680	-18,918	35,336	8,802	-14,735	-20,588	0	27,123	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	231,604	-54,079	120,323	2,238	57,272	64,258	37,490	26,188	9,863	132,025	7,631	0	74,867	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	-149,103	38,064	19,747	-20,778	-28,066	29,680	-33,677	20,458	-6,577	0	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	70,907	82,670	41,506	36,616	37,507	38,750	37,172	36,449	34,678	30,585	97,414	108,539	83,154	89,475	65,875	56,945	61,804	56,053	53,694	52,769	53,522	44,414	51,024	48,148	38,058	32,800	17,400	16,100	6,100	10,600	6,200	1,200	1,000	1,200	1,000
Dividends Paid	294,805	261,492	152,682	152,840	148,658	122,834	102,726	97,618	89,675	77,987	59,755	33,127	17,264	21,219	34,976	72,838	64,560	57,037	52,701	44,361	37,422	35,463	33,003	28,645	20,729	18,500	10,100	6,700	5,700	4,000	4,400	2,200	1,700	1,800	1,700
End Period Cash Flow	1,715,795	839,943	461,570	263,104	257,895	260,422	231,158	190,663	251,258	261,544	223,616	252,283	195,957	159,849	171,184	259,208	306,654	311,888	293,706	248,825	209,234	266,463	218,908	265,035	245,783	173,900	122,200	85,200	44,200	36,000	15,300	21,300	9,100	8,100	8,600
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
Free Cash Flow	938,643	1,307,190	672,003	359,269	278,133	436,450	416,420	357,414	271,070	242,776	454,838	235,099	239,650	318,461	82,360	448,805	272,152	121,618	-858	309,732	475,363	-102,406	4,784	206,261	151,017	44,500	22,800	22,300	7,600	-70,800	37,000	58,200	7,100	1,400	9,900
Investments	-2,673,607	-7,782,736	-2,469,619	-2,278,530	-2,563,333	-1,298,287	-533,513	-1,638,819	-2,133,658	-1,654,343	-1,139,062	-1,280,959	0	-536,774	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issuance Of Capital Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Borrowings	0	5,896,757	-442,626	-1,860,388	876,583	88,308	-1,472,048	-18,093	-294,635	724,779	122,254	276,206	0	460,404	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	859,918	644,283	408,864	220,621	382,723	360,418	255,439	207,127	206,340	199,752	179,549	173,697	149,383	74,224	-75,912	-318,757	96,773	133,790	185,855	153,833	163,248	152,732	133,188	118,291	95,350	70,500	33,800	25,600	18,300	16,500	12,700	5,700	3,400	-2,700	2,900
Other Cashflows From Financing Activities	6,721,029	28,812,799	2,370,282	7,807,977	-3,642	9,864,238	13,780,561	20,787,874	14,259,689	11,238,242	5,510,302	7,830,243	1,783,331	2,076,309	10,714,956	113,934,554	22,682,201	78,433,574	43,200,099	76,354,612	51,381,486	1,300,734	284,070	24,349,018	47,816,848	4,228,400	5,773,600	2,919,800	1,243,100	1,251,800	609,600	-32,800	211,200	92,900	53,700
Other Cashflows From Investing Activities	0	625,160	81,119	11,201	39,294	-30,128	34,839	44,544	1,395,131	14,738	10,817	-87,150	29,145	37,612	122,580	16,319	6,195	5,876	2,687	7,343	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Non Cash Items	250,822	271,833	74,981	229,862	52,999	97,190	121,127	80,442	98,328	65,713	122,634	16,510	29,109	119,423	323,342	820,522	92,737	63,889	-105,457	24,678	324,101	-250,545	-112,568	26,710	39,214	-10,800	-18,400	7,900	-11,600	-87,900	-9,900	85,700	-2,500	7,500	1,700
Sale Purchase Of Stock	-124,262	-322,103	-122,205	-76,556	-13,003	-12,158	-134,295	-11,206	-12,564	-10,741	-672	-53,243	-11,247	-401,654	-61,727	-644	22,656,285	-63,165	-28,135	-4,620	-12,400	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Stock Based Compensation	54,087	54,099	13,662	12,179	12,626	11,612	12,276	11,438	10,935	10,223	10,664	8,955	5,972	3,730	7,502	7,777	-11,157	-4,166	-15,230	-27,859	5,618	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Cash From Financing Activities	2,492,955	6,228,759	1,914,963	1,913,269	2,174,302	921,229	122,749	1,227,831	457,171	1,434,757	644,740	1,189,336	539,300	169,366	263,561	720,559	-2,304	-1,722,648	542,078	-741,194	863,686	1,265,271	251,067	-299,689	-273,697	-212,700	1,339,000	-82,900	136,600	109,300	56,000	-80,400	173,200	2,100	-6,800
Total Cash From Operating Activities	978,946	1,335,952	688,592	380,549	303,850	469,408	444,966	398,145	307,185	272,815	476,724	257,082	268,517	337,140	114,089	482,539	306,692	157,645	57,681	358,806	497,923	-83,851	11,531	213,154	167,356	64,300	32,200	32,300	16,100	-56,400	40,300	74,000	10,000	2,600	10,900
Total Cashflows From Investing Activities	0	-7,186,338	-2,405,089	-2,288,609	-2,549,756	-1,361,373	-527,220	-1,635,006	-774,642	-1,669,644	-1,150,131	-1,390,092	-771,709	-517,841	0	0	0	1,583,185	0	421,979	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31	1999-09-30	1999-06-30	1999-03-31	1998-12-31	1998-09-30	1998-06-30	1998-03-31	1997-12-31	1997-09-30	1997-06-30	1997-03-31	1996-12-31	1996-09-30	1996-06-30	1996-03-31	1995-12-31	1995-09-30	1995-06-30	1995-03-31	1994-12-31	1994-09-30	1994-06-30	1994-03-31	1993-12-31	1993-09-30	1993-06-30	1993-03-31	1992-12-31	1992-09-30	1992-06-30	1992-03-31	1991-12-31	1991-09-30	1991-06-30	1991-03-31	1990-12-31	1990-09-30	1990-06-30	1990-03-31	1989-12-31	1989-09-30
Begin Period Cash Flow	1,715,795	2,172,731	1,360,759	2,434,071	839,943	613,125	901,805	793,213	461,570	2,604,159	1,579,893	1,371,661	263,104	241,800	303,124	267,940	257,895	302,831	217,480	220,659	329,499	222,234	228,628	164,927	231,158	215,244	231,808	184,044	190,663	199,989	224,964	198,174	199,693	251,898	205,650	233,970	261,544	207,128	287,917	251,886	223,616	266,747	179,068	118,657	252,283	164,556	197,229	173,027	195,957	168,776	196,181	170,691	159,849	174,971	179,490	158,065	171,184	173,437	254,638	208,862	259,208	221,195	323,480	274,321	306,654	264,929	293,223	269,061	311,888	243,434	327,622	267,541	293,706	269,859	322,376	266,088	248,825	234,449	252,818	230,137	209,234	214,566	254,645	238,370	266,463	212,606	244,257	167,160	218,908	255,620	326,732	237,141	265,035	232,294	265,999	202,231	245,783	170,200	161,400	141,400	173,900	0	9,800	626,400	122,300	373,600	327,500	560,100	100,100	107,200	54,300	104,600	44,200	179,500	52,700	53,200	36,100	17,200	75,200	93,900	15,300	38,100	4,300	34,100	21,300	700	0	9,000	9,100	178,100	15,400	15,800	8,000	500	8,400	2,400	8,700	1,300	0
Capital Expenditures	0	6,323	14,319	9,368	10,293	10,236	8,631	5,251	4,644	5,360	3,822	3,727	3,680	7,264	6,199	4,269	3,548	6,946	6,073	6,735	5,963	7,477	9,418	10,283	5,780	8,512	6,642	6,160	7,232	9,481	10,611	8,198	12,441	9,314	10,952	7,412	8,437	10,131	5,884	6,054	7,970	10,639	6,431	3,058	1,758	7,439	6,866	5,201	2,477	9,159	6,549	6,405	6,754	7,806	5,224	3,074	2,575	9,762	8,684	7,651	5,632	11,063	6,941	7,107	8,623	7,496	11,952	6,537	8,555	6,467	13,503	10,860	5,197	10,894	16,967	16,481	14,197	18,674	9,688	11,683	9,029	10,433	4,509	6,599	1,019	6,377	4,511	-407	-599	3,000	3,460	-2,344	-6,424	-10,540	-5,172	3,488	7,895	5,239	5,700	3,100	2,300	3,400	4,800	5,700	5,900	2,700	2,700	2,300	1,700	2,700	1,200	1,900	4,200	6,100	1,100	700	600	9,000	900	2,900	1,600	0	1,100	600	1,600	14,500	300	800	200	2,600	100	100	100	900	200	0	100	100	400
Cash And Cash Equivalents Changes	0	0	0	-1,073,312	1,594,128	226,818	-288,680	108,592	331,643	-2,142,589	1,024,266	208,232	1,108,557	21,304	-61,324	35,184	10,045	-44,936	85,351	-3,179	-108,840	38,188	-6,394	63,701	-66,231	15,914	-16,564	47,764	-6,619	-9,326	-24,975	26,790	-1,519	-640	46,248	-28,320	-27,574	54,416	-80,789	36,031	28,270	-43,131	87,679	60,411	-133,626	0	0	0	0	0	-27,405	25,490	10,842	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-31,400	-11,142	-80,642	234,820	179,888	161,864	31,181	50,288	-115,773	132,691	47,973	97,970	-51,699	-186,931	47,483	-50,183	-75,317	-69,554	-130,694	64,805	54,679	1,260	21,143	16,097	-33,426	9,159	104,295	16,844	29,786	-72,259	2,372	-37,393	19,254	-34,132	25,552	-3,025	-32,144	-17,328	263,090	0	-417	-653	0	0	0	0	0	42,379	34,522	31,985	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	-456,936	811,972	-1,073,312	1,594,128	226,818	-288,680	108,592	331,643	-2,142,589	1,024,266	208,232	1,108,557	21,304	-61,324	35,184	10,045	-44,936	85,351	-3,179	-108,840	38,188	-6,394	63,701	-66,231	15,914	-16,564	47,764	-6,619	-9,326	-24,975	26,790	-1,519	-640	46,248	-28,320	-27,574	54,416	-80,789	36,031	28,270	-43,131	87,679	60,411	-133,626	87,727	-32,673	24,202	-22,930	27,181	-27,405	25,490	10,842	-15,122	-4,519	21,425	-13,119	-2,253	-81,201	45,776	-50,346	38,013	-102,285	49,159	-32,333	41,725	-28,294	24,162	-42,827	68,454	-84,188	60,081	-26,165	23,847	-52,517	56,288	17,263	14,376	-18,369	22,681	20,903	-5,332	-40,079	16,275	-28,093	53,857	-31,651	77,097	-51,748	-36,712	-71,112	89,591	-27,894	32,741	-33,705	63,768	-43,552	75,583	8,800	20,000	-32,500	46,100	-16,700	9,800	-16,600	-3,500	29,600	400	-9,500	13,500	-15,300	-17,600	60,400	-3,800	16,000	-10,600	-1,700	-6,700	17,200	-22,700	30,400	-2,100	-2,600	4,300	-5,600	13,600	700	-100	-2,000	-3,100	1,200	1,300	1,700	-1,200	500	-1,000	1,100	-1,300	1,300
Change In Working Capital	36,130,658	-165,843	129,114	-50,272	-134,163	-35,468	105,410	186,764	51,817	83,661	23,159	-45,446	89,285	107,338	-16,236	25,553	-204,148	62,097	-91,379	-68,887	-84,763	-161,386	87,804	12,505	13,043	34,753	19,502	-34,403	8,174	112,097	6,306	27,691	-101,105	13,043	7,891	-26,005	-22,512	13,752	5,327	-18,075	-29,312	-933	6,309	84,994	-35,334	-23,301	15,389	-10,971	-52,728	-75,032	5,550	3,427	37,979	-39,400	31,807	219,380	-174,980	-82,767	42,534	-140,882	-40,219	-183,235	4,171	-18,748	203,778	-25,129	166,423	6,173	-78,606	-49,068	-71,826	-34,565	53,911	1,876	-2,896	-42,510	-58,333	250,986	-177,261	72,272	-37,436	-38,142	73,675	44,802	-123,283	23,971	-33,809	12,220	-32,834	-33,844	48,171	-65,897	-8,543	53,137	-21,458	-8,850	-2,824	-1,966	-13,600	17,300	-7,000	24,200	58,300	-13,500	-97,200	-15,000	2,300	6,200	5,900	2,500	4,400	-20,400	-3,800	-1,400	-8,600	12,000	1,300	32,200	18,200	-51,700	5,700	37,800	-3,200	-5,500	2,200	-15,100	2,700	-2,500	-3,700	-6,900	13,400	-600	2,200	-1,200	1,700	200	-4,100	5,100	-1,300
Change Receivables	0	0	0	0	0	56,783	0	0	0	22,781	0	0	0	27,868	0	0	0	2,479	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	3,016	79,366	678	0	0	0	0	0	3,119	10,083	322	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-10,591	129,114	-124,147	-8,150	-55,440	6,405	11,946	-69,651	8,596	13,318	-95,260	4,083	2,304	8,598	9,308	5,447	2,013	2,682	-5,481	-23,004	8,767	-24	1,002	-10,484	-385	4,649	-17,381	-6,673	2,601	90,609	29,786	-72,259	2,372	-37,613	19,254	-33,912	27,181	-1,641	-32,144	-17,328	481	3,016	79,366	678	4,653	0	0	-11,381	-322	0	0	322	0	0	0	0	0	0	0	0	6,125	4,602	7,372	2,839	10,133	3,911	5,487	3,687	0	0	60	0	0	0	0	0	0	0	0	1,459	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	5,406	3,369	1,675	45,393	34,594	25,901	33,636	0	0	0	11,670	3,542	1,064	0	0	0	0	0	7,083	99,568	77,858	35,008	10,679	0	0	0	0	0	23,958	30,574	41,415	0	0	1,419	0	0	0	0	0	217,326	219,215	218,440	214,085	46,222	54,855	0	0	0	0	0	69,982	0	0	0	0	35,319	68,863	22,175	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	9,360	-78,240	20,043	-103,724	29,729	-95,151	27,470	-23,463	73,930	-39,873	35,151	-110,511	80,876	-13,637	15,776	-37,488	10,080	-11,625	-31,595	26,705	-38,531	15,355	17,294	7,125	2,671	2,590	11,501	-6,795	1,569	-25,193	14,054	48,792	-42,062	14,552	-10,151	10,314	17,365	-8,726	2,008	6,809	9,076	-32,628	0	0	0	0	0	11,689	6,760	-12,778	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Netincome	0	0	47,027	23,014	65,974	15,426	36,280	12,107	167,791	-12,903	-16,324	27,485	-18,005	10,098	35,357	69,487	5,381	-6,836	4,751	-214	4,537	14,638	26,590	3,496	12,548	15,143	11,402	-11,904	49,617	14,188	3,180	-20,235	40,357	4,754	31,939	-18,095	7,590	-10,065	15,055	-12,673	17,546	36,071	46,590	19,902	29,462	0	0	0	0	0	6,770	3,773	68,213	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Operating Activities	0	0	-66,468	3,067	3,067	42,737	-111,442	21,485	-101,883	34,198	-24,391	71,605	-43,348	65,284	-108,967	83,307	-19,877	33,471	-44,582	6,196	-15,863	-35,288	22,999	-42,174	11,783	15,053	3,405	-977	-3,575	-33,677	-3,743	-3,664	0	20,458	0	0	0	-6,577	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	17,841	18,662	19,962	21,086	18,116	22,112	25,088	17,354	14,435	8,388	8,332	10,351	9,168	9,338	9,047	9,063	9,348	9,275	9,248	9,636	9,759	9,804	9,698	9,489	9,112	9,100	9,323	9,637	9,107	9,412	9,009	8,921	8,687	9,119	8,773	8,099	7,076	7,179	7,912	8,418	19,178	25,517	25,892	26,827	26,907	29,864	26,122	25,646	23,481	20,064	18,397	21,212	22,052	22,707	22,750	21,966	18,924	17,209	15,682	14,060	14,404	13,502	15,386	13,653	13,339	15,894	15,983	16,588	19,880	9,621	14,506	12,046	15,693	18,200	9,174	10,627	19,265	9,376	13,511	10,617	11,638	8,873	18,498	14,513	7,671	12,244	12,173	12,326	15,388	12,063	16,473	7,100	14,083	12,486	10,996	10,583	10,158	10,700	8,500	8,700	8,900	8,300	10,400	5,200	5,100	4,500	3,500	4,300	4,200	5,300	4,400	2,200	2,100	3,800	-1,100	1,300	7,100	900	1,200	1,400	4,000	0	1,200	1,000	200	300	400	300	600	100	0	300	800	0	200	200	300	200
Dividends Paid	0	72,985	73,455	74,062	74,303	73,769	74,853	74,667	38,203	38,190	38,205	38,210	38,077	38,052	38,044	38,047	38,697	38,781	38,774	38,768	32,335	31,926	32,996	32,042	25,870	25,922	25,894	25,947	24,963	24,898	24,881	24,902	22,937	23,098	23,084	22,825	20,668	20,398	20,851	20,606	16,132	16,415	15,947	16,003	11,390	9,376	9,373	9,386	4,992	5,164	5,195	5,203	1,702	4,251	5,362	5,410	6,196	7,168	7,097	10,520	10,191	20,584	20,759	15,748	15,747	16,045	16,317	16,949	15,249	15,168	14,175	14,321	13,373	13,421	13,470	13,448	12,362	12,235	12,200	10,650	9,276	9,579	9,592	9,590	8,661	8,739	9,101	9,286	8,337	8,375	8,396	8,380	7,852	7,832	7,848	6,777	6,188	7,729	4,600	4,300	4,100	4,100	4,300	7,400	2,700	2,700	3,300	2,400	1,700	1,700	1,700	1,700	1,600	2,100	1,200	1,200	1,200	1,000	1,000	1,100	900	900	900	1,300	1,300	1,000	400	400	400	500	400	400	400	400	500	400	500	400	500
End Period Cash Flow	1,715,795	1,715,795	2,172,731	1,360,759	2,434,071	839,943	613,125	901,805	793,213	461,570	2,604,159	1,579,893	1,371,661	263,104	241,800	303,124	267,940	257,895	302,831	217,480	220,659	260,422	222,234	228,628	164,927	231,158	215,244	231,808	184,044	190,663	199,989	224,964	198,174	251,258	251,898	205,650	233,970	261,544	207,128	287,917	251,886	223,616	266,747	179,068	118,657	252,283	164,556	197,229	173,027	195,957	168,776	196,181	170,691	159,849	174,971	179,490	158,065	171,184	173,437	254,638	208,862	259,208	221,195	323,480	274,321	306,654	264,929	293,223	269,061	311,888	243,434	327,622	267,541	293,706	269,859	322,376	266,088	248,825	234,449	252,818	230,137	209,234	214,566	254,645	238,370	266,463	212,606	244,257	167,160	218,908	255,620	326,732	237,141	265,035	232,294	265,999	202,231	245,783	170,200	20,000	141,400	46,100	-16,700	9,800	105,700	-3,500	29,600	400	90,600	13,500	-15,300	-17,600	104,600	-3,800	16,000	-10,600	34,400	-6,700	17,200	-22,700	45,700	-2,100	-2,600	4,300	15,700	13,600	700	-100	7,100	-3,100	1,200	1,300	9,700	-1,200	500	-1,000	9,800	-1,300	1,300
Exchange Rate Changes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	83,139	412,853	240,000	204,001	265,051	413,229	418,297	210,613	219,063	147,116	80,679	225,145	211,789	114,418	98,198	-65,136	164,841	28,029	47,892	37,371	-34,452	230,439	113,976	126,487	136,179	111,629	31,751	136,861	201,746	79,253	76,198	217	85,970	107,422	27,329	50,349	66,927	87,523	34,357	53,969	90,853	122,806	177,134	64,045	60,588	86,589	55,588	32,334	-8,113	78,568	68,990	100,205	43,939	99,100	287,653	-112,231	-6,386	125,746	-46,911	9,911	40,856	80,016	55,313	272,620	20,738	224,491	59,955	-33,032	17,673	-9,866	11,787	102,024	67,382	43,177	105,145	-216,562	260,957	-89,200	176,956	-38,981	194,067	173,376	101,952	5,968	-16,982	-201,046	63,348	59,941	-41,204	85,752	-168,750	129,273	128,843	58,488	20,762	-6,322	41,617	28,200	40,800	40,400	-49,300	111,300	38,000	-55,500	4,500	-1,400	15,400	4,300	3,600	6,400	22,000	-9,700	11,700	36,800	-32,900	-8,000	-66,900	8,700	-43,500	30,900	3,400	8,300	20,600	4,700	53,000	5,200	900	-900	-7,200	9,200	1,700	3,400	4,400	-200	2,100	-4,900	6,500	-400
Investments	0	-1,775,254	-82,062	-628,633	-1,960,598	-1,348,345	-2,517,526	-2,651,815	-1,265,050	-2,080,699	-400,002	-27,743	253,651	36,457	-221,826	-1,040,121	-1,053,040	-602,289	-816,281	-619,697	-525,066	-231,441	-423,733	-288,637	-354,476	-176,379	-263,967	-88,961	-4,206	-717,111	-490,565	-226,106	-205,037	-623,319	-405,944	-642,327	-462,068	-682,494	-405,862	-262,076	-303,911	-385,923	-319,438	-220,604	-213,097	0	0	0	0	0	-462,053	160,313	-1,823	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issuance Of Capital Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Borrowings	0	0	-2,586,242	-4,329,416	2,254,233	1,836,251	518,991	3,724,956	-183,441	-83,312	123,637	8,636	-491,587	-606,546	-477,061	-824,022	47,241	385,366	219,965	743,781	-472,529	402,310	-433,152	306,195	-187,045	-90,206	-229,863	-89,953	-1,062,026	408,749	25,943	89,471	-542,256	204,312	87,444	855,558	-1,441,949	581,665	-91,398	117,101	117,411	153,828	133,899	-95,458	-70,015	0	0	0	0	0	488,700	220,371	-608,885	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	216,323	183,682	226,475	234,968	221,004	244,751	233,968	182,311	-16,747	111,038	95,713	94,035	108,078	60,044	69,281	53,097	38,199	90,473	93,865	98,649	99,736	98,838	99,673	81,682	80,225	69,893	64,496	61,579	59,471	57,660	51,817	49,033	48,617	52,579	51,536	52,503	49,722	51,015	50,458	47,856	50,423	43,754	47,305	46,373	42,117	48,526	44,993	41,240	38,938	40,497	42,379	34,207	32,300	32,474	22,684	17,645	1,421	-13,684	-19,242	-31,860	-11,126	-297,428	-16,754	-28,940	24,365	-8,698	34,968	35,467	35,036	37,798	8,997	43,143	43,852	45,500	46,602	46,258	47,495	16,306	49,361	45,843	42,323	41,386	41,315	40,610	39,937	39,401	40,454	33,441	39,436	36,670	35,031	34,504	26,983	31,790	31,583	28,107	26,811	26,250	24,100	23,200	21,800	21,300	20,100	13,600	15,500	14,800	11,900	12,100	-5,000	7,800	4,800	7,500	5,500	3,900	5,000	4,700	4,700	4,500	4,300	4,200	3,500	3,200	3,100	3,400	3,000	2,100	1,300	1,200	1,100	900	900	800	800	800	-4,900	800	600	-700	1,200
Other Cashflows From Financing Activities	0	453,306	-1,052,625	3,384,405	15,827,425	19,272,593	8,430,518	5,117,193	1,033,539	-164,168	1,328,252	474,027	732,171	180,917	498,247	2,767,649	4,361,164	3,341,679	2,961,789	2,416,971	2,693,856	3,714,744	1,579,361	2,368,006	2,204,407	3,024,897	2,374,310	3,708,474	4,672,880	5,740,679	4,299,239	5,674,737	5,073,219	4,923,505	3,201,421	3,056,630	3,078,133	5,136,911	2,818,023	1,731,876	1,551,432	1,566,147	1,576,786	1,416,725	950,644	4,100,483	1,545,760	990,359	1,193,641	944,029	712,571	-200,959	327,690	2,384,720	1,267,176	-695,934	1,196,656	458,512	369,095	439,027	9,716,040	36,712,382	48,968,080	12,605,964	15,647,484	9,877,092	603,886	11,884,281	316,942	24,659,616	20,901,373	17,266,655	15,605,930	11,366,014	13,146,173	8,833,997	9,853,915	13,688,205	26,966,683	20,462,978	15,236,746	13,514,965	16,652,869	40,729	933,993	13,259	8,999,492	89,634	462,062	358,483	-391,695	3,439,427	3,635,581	21,397,861	-15,993,149	17,940,869	1,003,437	19,546,948	10,323,500	-147,500	-189,900	-10,335,500	6,745,300	4,043,300	3,775,300	-1,457,000	2,524,300	2,537,400	2,168,900	1,004,500	1,111,000	437,000	367,300	-110,600	180,700	53,900	183,700	189,200	324,100	411,700	326,800	133,200	471,000	-180,600	186,000	-61,400	1,800	15,000	11,800	-15,900	166,100	26,700	34,300	30,800	43,100	7,100	11,900	21,200	3,400
Other Cashflows From Investing Activities	0	0	-786,518	329,820	-52,306	-494,528	535,948	70,697	513,043	19,471	12,475	60,255	14,655	1,897	1,115	6,605	1,584	2,698	9,439	15,631	11,526	-42,350	6,204	4,400	1,618	11,127	4,028	2,810	16,874	15,330	12,050	6,934	10,230	-13,628	1,442	2,942	1,404,375	3,533	5,423	2,958	2,824	2,004	1,820	3,251	3,742	0	0	5,733	2,307	29,145	4,763	6,573	5,117	36,937	23,432	12,183	3,842	122,580	26,604	11,789	3,165	16,319	10,173	5,855	1,333	6,195	2,081	1,714	753	5,876	5,234	4,260	4,172	2,687	2,561	1,262	689	7,343	3,843	3,037	1,563	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	-216,323	65,538	182,035	44,021	59,332	44,908	47,332	7,597	171,996	12,091	36,739	21,197	4,954	40,940	57,848	31,867	99,207	9,647	15,940	21,602	5,810	26,466	22,472	23,363	24,889	33,540	25,895	5,747	55,945	26,208	15,592	2,047	36,595	26,564	52,838	7,869	11,057	12,323	26,470	4,706	22,214	36,380	50,337	18,506	17,411	13,654	11,322	2,240	5,804	4,114	6,702	23,634	12,952	28,570	25,419	21,696	43,738	79,520	92,291	115,692	60,878	518,178	86,038	94,722	39,447	48,722	19,158	8,869	2,505	15,530	56,845	-437	-2,588	15,207	-1,762	108,704	-202,154	-6,926	39,012	57,013	-45,456	189,618	54,022	4,641	75,820	-81,648	-215,424	5,514	41,013	-56,418	-6,053	-153,830	103,733	29,833	35,877	-6,003	-32,997	12,414	12,700	-5,100	19,200	-100,300	29,400	33,200	26,900	2,300	-17,400	-4,100	800	-8,200	-6,900	32,400	-9,400	13,200	37,700	-47,800	-14,700	-101,700	-13,800	5,700	21,900	-41,600	9,500	22,100	100	80,300	1,200	2,600	1,600	800	-5,100	1,600	200	4,900	3,200	900	-1,500	1,900	-100
Sale Purchase Of Stock	0	-514	-50,344	-58,000	1,723	-2,837	-76,041	-121,020	-122,205	4,271	-260	-103	-3,908	3,375	-156	-59	-79,716	6,289	-44	-134	-19,114	13,689	-5,597	-1,928	-18,322	-113,415	-11,597	-291	-8,992	-11,664	599	1,471	-11,206	12,564	-9,939	2,216	-2,625	5,138,167	187	-674	-10,067	-291	-212	-77	-92	-51,235	-331	-34	-1,643	-9,905	-805	-300	-237	-300,770	-884	288	-100,288	-2,576	-101	-58,990	-60	-644	0	0	-253	-63,165	0	0	-1,556	-63,165	0	0	-31,850	-28,135	0	0	-3,023	-4,620	0	0	-2,438	-12,400	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Stock Based Compensation	0	13,892	14,383	14,166	11,646	10,868	12,762	21,466	9,003	3,586	3,643	3,468	2,965	2,823	3,342	3,405	2,609	2,942	3,268	3,440	2,976	3,014	2,719	2,544	3,335	3,226	3,007	2,725	3,318	2,880	2,944	2,831	2,783	2,652	3,007	2,994	2,282	2,430	2,243	2,777	2,773	2,907	2,162	3,069	2,526	2,268	1,697	2,247	2,743	1,520	804	2,459	1,189	152	1,746	2,079	-247	1,383	1,638	2,108	2,373	7,777	0	0	2,380	8,176	0	0	2,255	8,176	0	0	2,071	8,611	0	0	2,587	7,387	0	0	1,126	5,618	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	1,230,503	-1,126,080	-1,014,499	3,403,031	1,804,640	1,279,669	2,271,413	873,037	-300,424	1,264,677	335,604	615,106	-228,839	44,969	979,465	1,117,674	389,814	864,164	552,995	367,329	346,431	180,696	233,962	160,140	44,987	131,746	102,164	-156,148	490,709	374,287	169,764	193,071	550,337	343,328	583,736	-1,020,230	666,450	232,127	260,792	275,388	249,935	282,491	100,630	11,684	321,399	323,707	132,058	412,172	491,026	351,317	-208,391	-94,652	220,901	21,823	-352,593	279,235	-35,947	331,795	271,555	-303,842	377,694	27,886	320,086	-5,107	385,988	-128,460	19,973	-279,805	-1,900,080	66,741	48,012	62,679	-38,719	349,760	18,464	212,573	-1,021,611	655,395	-821,713	446,735	-217,544	124,759	31,139	925,332	4,520	726,678	80,348	453,725	350,108	-400,091	242,426	58,624	-96,818	-93,407	-138,728	29,264	144,103	-72,000	-151,800	-194,000	-114,100	-68,800	-533,900	504,100	177,900	373,600	327,500	460,000	-71,700	107,200	54,300	-172,700	-112,700	179,500	52,700	17,100	-33,800	-10,700	75,200	78,600	23,100	38,100	-18,000	12,800	-72,400	-6,600	-1,300	-100	-28,100	178,100	15,400	7,800	2,900	-2,900	8,400	-6,300	2,800	1,900
Total Cash From Operating Activities	0	89,462	427,172	249,368	214,294	275,287	421,860	423,548	215,257	224,423	150,938	84,406	228,825	219,053	120,617	102,467	-61,588	171,787	34,102	54,627	43,334	-26,975	239,857	124,259	132,267	144,691	118,271	37,911	144,093	211,227	89,864	84,396	12,658	95,284	118,374	34,741	58,786	77,058	93,407	40,411	61,939	101,492	129,237	180,192	65,803	68,027	93,455	60,789	34,811	1,046	85,117	75,395	106,959	51,745	104,324	290,727	-109,656	3,376	134,430	-39,260	15,543	51,919	86,957	62,420	281,243	28,234	236,443	66,492	-24,477	24,140	3,637	22,647	107,221	78,276	60,144	121,626	-202,365	279,631	-79,512	188,639	-29,952	204,500	177,885	108,551	6,987	-10,605	-196,535	63,348	59,941	-38,204	89,212	-168,750	129,273	128,843	58,488	24,250	1,573	46,856	33,900	43,900	42,700	-45,900	116,100	43,700	-49,600	7,200	1,300	17,700	6,000	6,300	7,600	23,900	-5,500	17,800	37,900	-32,200	-7,400	-57,900	9,600	-40,600	32,500	3,400	9,400	21,200	6,300	67,500	5,500	1,700	-700	-4,600	9,300	1,800	3,500	5,300	0	2,100	-4,800	6,600	0
Total Cashflows From Investing Activities	0	0	-820,498	-308,181	-2,023,197	-1,853,109	-1,990,209	-2,586,369	-756,651	-2,066,588	-391,349	52,848	264,626	31,090	-226,910	-1,046,748	-1,046,041	-606,537	-812,915	-610,801	-519,503	-281,268	-426,947	-294,520	-358,638	-173,764	-266,581	-92,311	5,436	-711,262	-489,126	-227,370	-207,248	-646,261	-415,454	-646,797	933,870	-689,092	-406,323	-265,172	-309,057	-394,558	-324,049	-220,411	-211,113	-1,390,092	-1,088,393	-638,558	-469,913	-771,709	-463,839	160,481	-3,460	-517,841	-230,073	-99,407	0	0	0	51,434	237,953	0	0	0	0	0	62,875	199,152	261,455	1,583,185	0	0	0	0	0	0	7,055	421,979	0	259,875	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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

Income Statement

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31	1993-12-31	1992-12-31	1991-12-31	1990-12-31	1989-12-31	1988-12-31	1987-12-31
Cost Of Revenue	8,853	0	0	0	-129,577	-3,251	-3,094	-3,006	-3,173	-3,507	-6,216	-8,056	158,455	-5,838	553,704	4,034	555,153	517,188	364,006	281,947	270,199	315,306	404,156	424,195	0	0	0	0	0	0	0	0	0	0	0	-	-
Depreciation And Amortization	70,907	31,940	4,513	4,160	3,847	3,847	4,062	5,652	6,340	2,685	4,919	5,420	5,588	5,588	5,743	5,939	61,804	56,053	53,694	52,769	53,522	44,414	51,024	48,148	38,058	32,800	17,400	16,100	6,100	10,600	6,200	1,200	1,000	1,200	1,000	-	-
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	94	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Ebit	-34,700	1,048,428	533,861	279,974	486,692	625,022	504,218	437,647	424,069	409,561	439,626	466,075	422,851	343,046	182,468	26,818	632,264	699,261	627,662	486,678	488,219	513,003	592,374	588,802	484,961	492,100	307,400	189,800	158,000	109,800	96,600	59,800	50,700	46,000	54,500	4,500	4,500
Ebitda	36,207	1,080,368	538,374	284,134	490,539	628,869	508,280	443,299	430,409	412,246	444,545	471,495	428,439	348,634	188,211	32,757	694,068	755,314	681,356	539,447	541,741	557,417	643,398	636,950	523,019	524,900	324,800	205,900	164,100	120,400	102,800	61,000	51,700	47,200	55,500	4,500	4,500
Effect Of Accounting Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Extraordinary Items	0	0	0	0	0	10,982	-20,891	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Gross Profit	3,942,597	2,472,471	1,223,293	1,174,912	1,237,490	1,185,998	1,052,671	979,985	900,997	830,549	781,562	771,666	740,810	741,666	675,753	477,739	714,069	727,900	738,226	687,868	646,002	591,300	529,577	455,337	396,143	319,600	227,900	141,300	109,300	96,100	72,400	45,800	27,000	22,400	20,900	-	-
Income Before Tax	1,084,504	797,977	533,861	279,974	486,692	441,633	353,790	303,450	300,316	291,161	256,219	248,362	207,334	87,692	-128,648	-384,597	158,784	193,073	273,156	222,731	243,020	233,977	206,245	176,407	142,682	115,000	53,500	40,100	26,500	20,200	21,900	11,100	5,500	-1,100	5,800	-	-
Income Tax Expense	216,664	153,694	124,997	59,353	103,969	81,215	98,351	96,323	93,976	91,409	76,670	74,665	57,951	13,468	-52,736	-65,840	48,088	59,283	87,301	68,898	79,772	73,965	69,430	58,116	47,332	44,500	19,700	14,500	8,200	3,700	9,200	5,400	2,100	1,600	2,900	-4,500	-4,500
Interest Expense	260,471	250,451	41,755	110,656	199,456	148,486	117,318	103,400	95,415	90,500	90,912	114,594	135,955	171,376	250,704	363,482	487,403	506,188	354,506	263,947	245,199	286,306	389,756	412,395	342,279	377,100	253,900	149,700	131,500	89,600	70,400	48,700	45,200	47,100	48,700	-	-
Interest Income	3,438,706	2,284,737	942,844	1,002,049	1,154,583	1,055,167	913,605	821,913	760,040	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Minority Interest	0	0	0	0	0	0	0	0	0	0	0	0	0	3	22	0	0	0	0	0	0	863	985	4,151	0	0	0	0	0	0	0	0	0	0	0	-	-
Net Income	867,840	644,283	408,864	220,621	382,723	360,418	255,439	207,127	206,340	199,752	179,549	173,697	151,379	74,315	-75,632	-321,830	96,773	133,790	185,855	153,833	163,248	152,732	133,188	118,291	95,350	70,500	33,800	25,600	18,300	16,500	17,000	5,700	3,400	-2,700	2,900	4,500	4,500
Net Income Applicable To Common Shares	0	628,364	398,687	211,474	372,985	351,703	246,831	198,423	196,969	189,196	168,746	171,237	146,098	49,399	0	0	110,696	133,790	185,855	153,833	163,248	160,012	136,815	118,291	0	0	0	0	0	0	0	0	0	0	0	-	-
Net Income From Continuing Ops	927,198	644,283	408,864	220,621	382,723	360,418	255,439	207,127	206,340	199,752	179,549	173,697	0	74,224	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Net Interest Income	2,368,623	2,034,286	901,089	891,393	955,127	906,681	796,287	718,513	664,625	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Non Operating Income Net Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Non Recurring	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Operating Income	-34,700	1,048,428	533,861	279,974	486,692	590,119	504,218	437,647	424,069	199,752	179,549	149,383	422,851	74,224	-75,912	-318,757	110,696	699,261	627,662	486,678	488,219	513,003	592,374	588,802	484,961	492,100	307,400	189,800	158,000	109,800	96,600	59,800	50,700	46,000	54,500	4,500	4,500
Other Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Other Operating Expenses	2,860,446	16,438	689,432	894,938	750,798	599,130	14,327	3,006	3,173	634,304	614,445	630,339	317,959	289,529	294,876	792,462	603,373	28,639	110,564	201,190	157,783	78,297	62,797	133,465	88,818	172,500	79,500	48,500	48,700	13,700	24,200	14,000	23,700	23,600	33,600	4,500	4,500
Preferred Stock And Other Adjustments	0	0	0	9,147	9,738	8,715	8,608	8,704	9,371	10,556	10,803	2,460	0	18,086	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Reconciled Depreciation	77,826	31,940	4,513	36,616	37,507	38,750	37,172	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Research Development	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Selling And Marketing Expenses	16,122	16,438	12,051	14,125	16,286	16,838	17,421	19,703	16,053	15,379	15,502	16,827	18,456	18,968	14,469	13,956	14,213	15,477	14,267	13,380	11,508	10,522	8,728	9,118	9,584	6,600	5,700	4,400	6,000	0	0	0	0	0	0	-	-
Selling General Administrative	769,333	750,194	435,783	446,707	413,356	416,245	385,575	357,732	321,559	292,821	285,949	288,355	283,924	270,561	286,400	276,315	244,570	255,780	241,469	219,820	206,381	171,042	142,899	122,257	106,493	76,900	57,700	44,500	37,600	32,000	18,900	11,400	7,300	6,700	6,500	-	-
Tax Provision	248,855	153,694	124,997	59,353	103,969	81,215	98,351	96,323	93,032	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-
Total Operating Expenses	427,455	16,438	-689,432	-894,938	-750,798	-599,130	17,421	-545,344	-480,101	-630,797	-608,229	-622,283	-317,959	295,367	294,876	-796,496	-603,373	-28,639	-110,564	-201,190	-157,783	-78,297	62,797	133,465	88,818	172,500	79,500	48,500	48,700	13,700	24,200	14,000	23,700	23,600	33,600	4,500	4,500
Total Other Income Expense Net	1,084,504	-250,451	533,861	279,974	486,692	-148,486	-150,428	-134,197	-123,753	91,409	76,670	57,951	-215,517	13,468	-52,736	-65,840	48,088	-506,188	-354,506	-263,947	-245,199	-279,026	-386,129	-412,395	-342,279	-377,100	-253,900	-149,700	-131,500	-89,600	-74,700	-48,700	-45,200	-47,100	-48,700	-	-
Total Revenue	3,951,450	2,472,471	1,223,293	1,174,912	1,237,490	1,185,998	1,052,671	979,985	900,997	827,042	781,562	763,610	740,810	741,666	675,753	481,773	714,069	727,900	738,226	687,868	646,002	591,300	529,577	455,337	396,143	319,600	227,900	141,300	109,300	96,100	72,400	45,800	27,000	22,400	20,900	-	-

	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31	1999-09-30	1999-06-30	1999-03-31	1998-12-31	1998-09-30	1998-06-30	1998-03-31	1997-12-31	1997-09-30	1997-06-30	1997-03-31	1996-12-31	1996-09-30	1996-06-30	1996-03-31	1995-12-31	1995-09-30	1995-06-30	1995-03-31	1994-12-31	1994-09-30	1994-06-30	1994-03-31	1993-12-31	1993-09-30	1993-06-30	1993-03-31	1992-12-31	1992-09-30	1992-06-30	1992-03-31	1991-12-31	1991-09-30	1991-06-30	1991-03-31	1990-12-31	1990-09-30	1990-06-30	1990-03-31	1989-12-31	1989-09-30	1989-06-30
Cost Of Revenue	0	0	0	0	0	0	0	0	0	0	-203	-327	-394	-261	-612	-392	-493	-474	-986	-832	-660	-1,150	-681	-844	-576	-891	-840	-755	-608	-378	-1,133	-530	-965	-775	-719	-801	-878	-685	-969	-801	-1,052	-1,370	-1,296	-1,576	-1,974	-2,338	32,326	35,255	34,739	-82	37,877	40,186	46,048	52,679	235	-1,188	-3,680	117,981	-1,290	152,877	139,561	182,581	130,946	113,307	122,948	167,508	139,817	124,216	123,612	138,189	140,907	125,743	112,349	106,011	95,529	84,780	77,686	75,102	75,464	67,918	63,463	60,543	70,767	69,118	69,771	85,485	76,409	74,802	78,610	85,830	99,012	107,213	112,101	114,519	114,990	99,115	95,571	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Depreciation And Amortization	-319,086	8,618	8,899	9,193	9,497	8,240	8,511	8,802	6,387	1,118	1,124	1,132	1,139	1,147	1,089	962	962	962	961	962	962	962	961	962	962	977	1,002	1,028	1,055	1,082	1,493	1,523	1,554	1,588	1,621	1,843	1,288	416	432	669	1,168	1,193	1,242	1,242	1,242	1,242	1,384	1,397	1,397	1,397	1,397	1,397	1,397	22,052	1,397	1,397	1,397	18,924	1,421	15,682	14,060	14,404	13,502	15,386	13,653	13,339	15,894	15,983	16,588	19,880	9,621	14,506	12,046	15,693	18,200	9,174	10,627	19,265	9,376	13,511	10,617	11,638	8,873	18,498	14,513	7,671	12,244	12,173	12,326	15,388	12,063	16,473	7,100	14,083	12,486	10,996	10,583	10,158	10,700	8,500	8,700	8,900	8,300	10,400	5,200	5,100	4,500	3,500	4,300	4,200	5,300	4,400	2,200	2,100	3,800	-1,100	1,300	7,100	900	1,200	1,400	4,000	0	1,200	1,000	200	300	400	300	600	100	0	300	800	0	200	200	300	200	-
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1,995	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	281,506	0	278,440	647,183	522,478	454,382	351,930	264,210	379,977	292,098	142,744	145,932	159,311	102,319	115,802	103,852	101,113	175,575	181,187	183,856	179,190	177,593	160,207	146,642	140,580	126,240	132,992	127,966	117,020	115,703	109,699	108,214	106,384	108,644	108,097	103,555	103,773	104,392	103,428	100,501	101,240	102,321	111,504	114,890	110,911	120,726	120,288	114,532	110,529	108,193	109,913	102,260	102,485	78,214	90,163	85,233	68,781	35,692	32,809	7,779	61,842	-281,900	66,814	45,082	145,816	113,532	174,935	171,963	171,834	190,084	148,340	186,298	174,539	170,543	162,189	150,758	144,172	89,460	144,083	131,284	121,851	116,101	122,511	124,818	124,789	126,790	130,977	130,369	132,102	136,414	147,853	157,056	151,051	158,550	158,968	137,805	133,479	141,761	114,300	113,500	115,300	127,100	121,300	116,700	98,100	94,700	82,500	75,900	41,400	51,100	45,400	48,700	44,500	49,200	39,400	36,200	33,300	26,900	30,100	28,500	24,400	22,600	0	23,200	27,800	23,500	11,900	11,700	12,700	12,800	12,200	0	12,900	13,200	0	13,300	13,400	12,100	14,300	-
Ebitda	-37,580	8,618	287,339	656,376	531,975	462,622	360,441	273,012	386,364	293,216	143,868	147,064	160,450	103,466	116,891	104,814	102,075	176,537	182,148	184,818	180,152	178,555	161,168	147,604	141,542	127,217	133,994	128,994	118,075	116,785	111,192	109,737	107,938	110,232	109,718	105,398	105,061	104,808	103,860	101,170	102,408	103,514	112,746	116,132	112,153	121,968	121,672	115,929	111,926	109,590	111,310	103,657	103,882	100,266	91,560	86,630	70,178	54,616	34,230	23,461	75,902	-267,496	80,316	60,468	159,469	126,871	190,829	187,946	188,422	209,964	157,961	200,804	186,585	186,236	180,389	159,932	154,799	108,725	153,459	144,795	132,468	127,739	131,384	143,316	139,302	134,461	143,221	142,542	144,428	151,802	159,916	173,529	158,151	172,633	171,454	148,801	144,062	151,919	125,000	122,000	124,000	136,000	129,600	127,100	103,300	99,800	87,000	79,400	45,700	55,300	50,700	53,100	46,700	51,300	43,200	35,100	34,600	34,000	31,000	29,700	25,800	26,600	23,000	24,400	28,800	23,700	12,200	12,100	13,000	13,400	12,300	12,900	13,200	14,000	6,100	13,500	13,600	12,400	14,500	14,200
Effect Of Accounting Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	10,982	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	621,592	996,962	676,939	672,629	665,443	703,948	46,490	606,861	261,031	316,676	313,263	293,227	300,521	293,692	293,704	284,091	303,686	302,169	309,484	316,808	309,503	309,144	301,975	293,384	282,915	270,971	265,910	261,583	255,706	255,498	245,476	241,450	239,211	232,914	228,746	222,561	216,776	214,423	207,310	201,917	204,077	198,148	194,948	199,312	192,100	196,874	193,369	191,731	187,354	183,255	186,587	187,135	183,751	193,191	181,767	197,862	178,400	149,545	170,830	181,776	166,319	-49,515	178,437	174,861	172,703	146,935	187,294	194,338	185,502	229,383	129,283	183,873	185,361	187,891	185,592	183,483	181,260	176,406	180,388	170,545	160,529	163,838	165,441	158,899	157,824	162,457	148,697	142,883	138,685	135,791	134,042	132,547	127,197	122,807	118,979	109,694	103,857	136,543	89,300	87,300	83,100	83,400	76,000	81,500	61,100	58,600	59,300	52,000	48,700	37,400	36,800	36,300	30,800	36,300	24,500	24,300	24,200	25,800	25,100	24,700	20,600	18,000	17,200	18,400	18,800	19,300	9,300	8,700	8,500	7,700	6,900	6,300	6,000	5,700	5,200	5,400	6,200	5,400	5,200	5,100
Income Before Tax	285,669	221,615	278,440	297,616	286,833	313,164	298,037	237,123	-50,347	142,067	125,479	128,026	138,289	75,162	87,570	67,899	49,343	116,439	119,276	125,100	125,877	125,535	113,373	102,425	100,300	86,922	94,777	90,669	81,422	81,505	76,262	75,202	72,834	76,725	76,611	73,166	73,814	74,629	74,137	70,883	71,512	62,509	65,463	67,208	61,039	68,787	64,482	59,552	55,541	54,183	58,369	50,074	44,626	40,440	27,281	18,195	1,776	-15,277	-41,256	-60,411	-11,706	-364,489	-18,114	-42,786	40,792	5,197	50,368	51,997	51,222	54,895	10,433	63,555	64,190	66,532	68,660	67,978	69,986	18,358	72,619	68,366	63,388	60,558	61,744	60,700	60,018	57,305	59,568	59,567	57,492	54,584	52,841	53,043	45,777	47,231	47,178	41,890	40,108	39,482	35,100	35,100	33,000	38,400	28,600	16,700	24,300	23,700	16,000	19,400	-9,300	12,500	7,300	11,600	8,600	5,700	7,300	6,600	6,900	700	6,800	6,800	6,000	5,400	5,600	5,800	5,100	3,600	3,100	2,100	2,400	1,000	1,000	1,900	1,700	1,500	-5,700	1,600	1,500	0	1,900	2,000
Income Tax Expense	69,346	36,222	51,965	62,648	65,829	68,413	64,069	54,812	-33,600	31,029	29,766	33,991	30,211	15,118	18,289	14,802	11,144	25,966	25,411	26,451	26,141	26,697	13,700	20,743	20,075	17,029	30,281	29,090	21,951	23,845	24,445	24,599	24,217	24,146	25,075	20,663	24,092	23,614	23,679	23,027	21,089	18,755	18,158	20,835	18,922	20,261	19,489	18,312	16,603	13,799	15,990	15,867	12,326	7,966	4,597	550	355	-1,593	-22,014	-28,536	-593	-63,980	-1,878	-14,285	14,303	-28	15,400	16,530	16,186	17,097	1,436	20,412	20,338	21,032	22,058	21,720	22,491	2,052	23,258	22,523	21,065	19,172	20,429	20,090	20,081	17,904	19,144	18,846	18,056	17,914	17,810	18,539	15,167	15,441	15,595	13,783	13,297	13,232	10,900	11,900	11,200	17,100	8,500	7,300	8,800	8,900	6,300	7,400	-4,300	4,700	2,500	4,200	3,100	1,800	2,300	1,900	2,200	-3,800	2,400	2,600	2,500	2,200	2,500	2,400	2,100	1,500	1,800	900	1,300	100	100	1,100	900	700	-800	800	900	700	700	800
Interest Expense	0	36,333	343,653	349,567	235,645	141,218	66,566	27,087	15,580	9,238	10,001	10,706	11,810	19,136	19,983	27,868	43,669	50,750	53,597	50,470	44,639	43,261	37,991	35,481	31,753	31,183	30,117	29,002	27,016	26,173	25,518	25,526	26,183	24,820	23,988	23,459	23,148	23,103	22,544	22,375	22,478	21,827	21,766	23,032	24,287	26,274	27,326	30,255	30,739	31,844	32,877	35,186	36,048	37,679	41,569	45,692	46,436	50,981	58,285	67,877	73,561	82,581	85,446	88,307	107,148	122,258	124,567	119,966	120,612	135,189	137,907	122,743	110,349	104,011	93,529	82,780	74,186	71,102	71,464	62,918	58,463	55,543	60,767	64,118	64,771	69,485	71,409	70,802	74,610	81,830	95,012	104,013	108,901	111,319	111,790	95,915	93,371	102,279	79,200	78,400	82,300	88,700	92,700	100,000	73,800	71,000	66,500	56,500	50,700	38,600	38,100	37,100	35,900	43,500	32,100	29,600	26,400	26,200	23,300	21,700	18,400	17,200	17,400	17,400	18,400	19,900	8,800	9,600	10,300	11,800	11,200	11,000	11,200	11,700	11,800	11,700	11,900	12,100	12,400	12,200
Interest Income	0	933,147	930,789	933,396	830,928	743,593	617,569	513,747	409,828	236,020	239,692	231,558	235,574	236,065	239,239	252,275	274,470	282,000	294,136	292,257	286,190	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Minority Interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-1	3	-7	7	0	1	8	-13	13	-14	14	1	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	863	0	0	0	985	0	0	0	1,038	1,037	1,038	1,038	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	212,160	185,393	226,475	234,968	221,004	244,751	233,968	182,311	-16,747	111,038	95,713	94,035	108,078	60,044	69,281	53,097	38,199	90,473	93,865	98,649	99,736	98,838	99,673	81,682	80,225	69,893	64,496	61,579	59,471	57,660	51,817	50,603	48,617	52,579	51,536	52,503	49,722	51,015	50,458	47,856	50,423	43,754	47,305	46,373	42,117	48,526	44,993	41,240	38,938	40,384	42,379	34,207	34,296	32,569	22,687	17,638	1,421	-13,696	-19,250	-31,562	-11,126	-300,501	-16,754	-28,940	24,365	-8,698	34,968	35,467	35,036	37,798	8,997	43,143	43,852	45,500	46,602	46,258	47,495	16,306	49,361	45,843	42,323	41,386	41,315	40,610	39,937	39,401	40,424	40,721	39,436	36,670	35,031	34,504	26,983	31,790	31,583	28,107	26,811	26,250	24,200	23,200	21,800	21,300	20,100	9,400	15,500	14,800	9,700	12,000	-5,000	7,800	4,800	7,400	5,500	3,900	5,000	4,700	4,700	4,500	4,400	4,200	3,500	3,200	3,100	3,400	7,300	2,100	1,300	1,200	1,100	900	900	800	800	800	-4,900	800	600	-700	1,200	1,200
Net Income Applicable To Common Shares	0	0	220,167	230,806	216,841	240,588	233,968	178,148	-20,178	108,426	93,171	91,555	105,530	57,834	66,890	50,729	36,021	87,801	91,442	96,193	97,549	96,671	97,460	79,489	78,083	67,578	62,426	59,485	57,342	53,905	49,634	48,398	46,486	49,895	49,512	50,479	47,083	48,376	47,819	45,217	47,784	41,115	44,666	43,734	39,231	47,911	44,378	40,625	38,323	39,591	41,548	33,376	33,465	24,864	17,780	13,057	0	0	-16,490	16,490	0	0	0	-26,489	26,489	5,169	34,575	35,872	35,080	37,688	8,997	43,143	43,852	45,500	46,602	46,258	47,495	16,306	49,361	45,843	42,323	41,386	41,315	40,610	39,937	39,401	40,424	40,572	39,615	36,670	35,031	34,504	30,610	31,790	31,583	28,107	26,811	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	185,393	226,475	234,968	221,004	244,751	233,968	182,311	-16,747	111,038	95,713	94,035	108,078	60,044	69,281	53,097	38,199	90,473	93,865	98,649	99,736	98,838	99,673	81,682	80,225	69,893	64,496	61,579	59,471	56,090	51,817	50,603	48,617	52,579	51,536	52,503	49,722	51,015	50,458	47,856	50,423	5,910	47,305	46,373	79,961	0	0	0	0	0	42,379	34,207	32,300	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Net Interest Income	0	571,021	587,136	583,829	595,283	602,375	551,003	486,660	394,248	226,782	229,691	220,852	223,764	216,929	219,256	224,407	230,801	231,250	240,539	241,787	241,551	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Non Operating Income Net Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Non Recurring	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Operating Income	319,086	157,118	278,440	647,183	522,478	454,382	351,930	264,210	379,977	151,305	142,744	145,932	159,311	102,319	115,802	103,852	101,113	175,575	181,187	183,856	179,190	177,593	160,207	146,642	140,580	126,240	132,992	127,966	117,020	115,703	109,699	108,214	106,384	108,644	108,097	103,555	103,773	199,752	103,428	100,501	101,240	179,549	111,504	114,890	110,911	173,697	44,993	41,240	38,938	108,193	42,379	34,207	32,300	74,224	22,684	17,645	1,421	-75,912	-19,242	-31,875	-11,113	-318,757	-16,236	-28,501	26,489	110,696	174,935	171,963	171,834	190,084	148,340	186,298	174,539	170,543	162,189	150,758	144,172	89,460	144,083	131,284	121,851	116,101	122,511	124,818	124,789	126,790	130,977	130,369	132,102	136,414	147,853	157,056	151,051	158,550	158,968	137,805	133,479	141,761	114,300	113,500	115,300	127,100	121,300	116,700	98,100	94,700	82,500	75,900	41,400	51,100	45,400	48,700	44,500	49,200	39,400	36,200	33,300	26,900	30,100	28,500	24,400	22,600	23,000	23,200	27,800	23,500	11,900	11,700	12,700	12,800	12,200	12,900	12,900	13,200	6,100	13,300	13,400	12,100	14,300	14,200
Other Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	335,923	775,347	398,499	25,446	3,476	9,079	3,918	3,441	3,509	12,051	3,518	2,900	2,110	13,864	3,240	2,894	3,009	15,812	3,772	3,411	2,668	15,688	3,371	4,045	2,976	16,530	3,205	755	608	277,877	1,133	530	965	775	3,380	3,444	3,298	226,521	3,063	3,448	2,128	226,325	2,353	1,576	1,974	231,500	4,529	5,094	4,100	82	4,144	4,252	5,520	215,673	4,869	72,971	71,955	208,021	77,313	3,196	3,106	198,684	2,478	4,940	3,643	214,791	12,359	4,209	4,211	15,477	4,211	4,292	3,624	186,850	3,339	3,664	3,283	173,239	4,233	3,630	2,984	162,109	2,729	34,081	33,035	35,667	17,720	12,514	6,583	623	13,811	24,509	23,854	35,743	39,989	28,111	29,622	5,218	25,000	26,200	32,200	43,700	45,300	35,200	37,000	36,100	23,200	23,900	7,300	13,700	8,600	12,400	13,700	12,900	14,900	11,900	9,100	1,100	5,000	3,800	3,800	4,600	5,800	4,800	9,000	4,200	2,600	3,000	4,200	5,100	5,300	6,600	6,900	7,500	900	7,900	7,200	6,700	9,100	9,100
Preferred Stock And Other Adjustments	0	0	0	0	0	0	0	0	0	0	2,542	2,480	2,548	2,210	2,391	2,368	2,178	2,672	2,423	2,456	2,187	2,167	2,213	2,193	2,142	2,315	2,070	2,094	2,129	2,185	2,183	2,205	2,131	2,684	2,024	2,024	2,639	2,639	2,639	2,639	2,639	2,639	2,639	2,639	2,886	0	0	0	0	0	831	831	831	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Reconciled Depreciation	0	17,843	8,899	9,193	9,497	8,240	8,511	8,802	6,387	1,118	1,124	1,132	1,139	9,168	9,338	9,047	9,063	9,348	9,275	9,248	9,636	9,759	9,804	9,698	9,489	9,112	9,100	9,323	9,637	9,107	9,412	9,009	8,921	8,687	9,119	8,773	8,099	7,076	7,179	7,912	8,418	19,178	25,517	25,892	26,827	26,907	29,864	26,122	25,646	23,481	20,064	18,397	21,212	22,052	22,707	22,750	21,966	18,924	17,209	15,682	14,060	14,404	13,502	15,386	13,653	13,339	15,894	15,983	16,588	19,880	9,621	14,506	12,046	15,693	18,200	9,174	10,627	19,265	9,376	13,511	10,617	11,638	8,873	18,498	14,513	7,671	12,244	12,173	12,326	15,388	12,063	16,473	7,100	14,083	12,486	10,996	10,583	10,158	10,700	8,500	8,700	8,900	8,300	10,400	5,200	5,100	4,500	3,500	4,300	4,200	5,300	4,400	2,200	2,100	3,800	-1,100	1,300	7,100	900	1,200	1,400	4,000	0	1,200	1,000	200	300	400	300	600	100	0	300	800	0	200	200	300	200	-
Research Development	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Selling And Marketing Expenses	4,281	5,211	4,810	5,160	3,476	5,570	3,918	3,441	3,509	2,599	3,721	3,227	2,504	3,485	3,852	3,286	3,502	3,957	4,758	4,243	3,328	4,345	4,052	4,889	3,552	3,320	4,045	4,615	5,441	5,488	4,622	4,669	4,924	3,533	4,099	4,245	4,176	3,918	4,032	4,249	3,180	3,225	3,649	3,817	4,811	3,104	4,529	5,094	4,100	4,540	4,144	4,252	5,520	4,317	4,634	5,226	4,791	4,365	3,802	3,196	3,106	2,895	2,478	4,940	3,643	1,659	4,134	4,209	4,211	3,350	4,211	4,292	3,624	3,981	3,339	3,664	3,283	2,533	4,233	3,630	2,984	2,058	2,729	3,236	3,485	3,038	2,622	2,438	2,424	2,300	2,045	2,293	2,090	2,541	1,778	2,601	2,198	3,084	2,100	2,200	2,100	700	1,800	2,100	1,800	1,400	1,300	1,400	1,500	1,500	800	1,000	1,100	6,000	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	-
Selling General Administrative	58,817	230,509	193,643	187,028	185,523	184,557	182,009	194,404	189,224	113,517	109,207	101,503	111,556	127,126	108,223	104,746	106,612	105,129	103,032	102,980	102,215	101,690	106,334	106,739	101,482	101,052	95,536	93,979	95,008	94,448	89,325	86,864	87,095	85,474	79,445	79,535	77,105	77,076	72,787	71,276	71,682	73,271	70,162	71,292	71,224	72,053	71,801	69,310	74,328	72,902	66,369	71,510	72,852	69,539	66,113	67,745	67,164	87,427	73,511	69,855	60,493	88,692	61,314	62,866	63,443	42,333	66,958	66,888	68,391	64,142	62,050	64,585	65,003	64,905	60,808	57,854	57,902	57,428	55,606	53,659	53,127	53,722	51,592	50,506	50,561	46,344	43,302	40,742	40,148	35,393	35,827	36,062	35,617	31,506	31,235	30,533	28,983	39,993	24,100	21,400	21,000	18,500	19,600	19,200	15,700	12,700	15,100	12,700	14,600	11,100	11,500	11,200	10,700	12,100	8,500	8,600	8,400	8,700	8,500	8,400	6,400	4,900	4,600	4,600	4,900	4,900	2,100	2,200	2,200	2,200	1,800	1,700	1,700	1,700	1,600	1,700	1,700	1,700	1,600	1,600
Tax Provision	0	36,222	51,965	62,648	65,829	68,413	64,069	54,812	-33,600	31,029	29,766	33,991	30,211	15,118	18,289	14,802	11,144	25,966	25,411	26,451	26,141	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Total Operating Expenses	335,923	127,343	-398,499	-25,446	3,476	9,079	3,918	3,441	3,509	12,051	3,721	3,227	2,504	14,125	3,852	3,286	3,502	16,286	4,758	4,243	3,328	16,838	4,052	4,889	3,552	17,421	4,045	-134,372	-138,686	-277,499	-136,910	-133,766	-133,792	-125,045	4,099	4,245	4,176	227,206	4,032	4,249	3,180	-224,955	3,649	-84,422	-83,163	-229,162	4,529	5,094	4,100	-75,144	4,144	4,252	5,520	-215,673	4,634	74,159	75,635	-208,021	78,603	3,196	3,106	-198,684	2,478	4,940	3,643	-214,791	-12,359	4,209	4,211	15,477	4,211	4,292	3,624	-186,850	3,339	3,664	3,283	-173,239	4,233	3,630	2,984	-162,109	2,729	-34,081	-33,035	-35,667	-17,720	-12,514	-6,583	623	13,811	24,509	23,854	35,743	39,989	28,111	29,622	5,218	25,000	26,200	32,200	43,700	45,300	35,200	37,000	36,100	23,200	23,900	-7,300	13,700	8,600	12,400	13,700	12,900	14,900	11,900	9,100	1,100	5,000	3,800	3,800	4,600	5,800	4,800	9,000	4,200	2,600	3,000	4,200	5,100	5,300	6,600	6,900	7,500	900	7,900	7,200	6,700	9,100	9,100
Total Other Income Expense Net	-33,417	221,615	278,440	-349,567	-235,645	-141,218	-53,893	-27,087	-430,324	-9,238	-17,265	-17,906	-21,022	-27,157	-28,232	-35,953	-51,770	-59,136	-61,911	-58,756	-53,313	-52,058	-46,834	-44,217	-40,280	-39,318	-38,215	-37,297	-35,598	-34,198	-33,437	-33,012	-33,550	-31,919	-31,486	-30,389	-29,959	-125,123	-29,291	-29,618	-29,728	-117,040	-46,041	-47,682	-49,872	-104,910	19,489	18,312	16,603	-54,010	15,990	15,867	12,326	-33,784	4,597	-7	355	60,637	-8	-28,536	-593	-45,732	-1,878	-14,285	14,303	-105,499	-124,567	-119,966	-120,612	-135,189	-137,907	-122,743	-110,349	-104,011	-93,529	-82,780	-74,186	-71,102	-71,464	-62,918	-58,463	-55,543	-60,767	-64,118	-64,771	-69,485	-71,409	-70,802	-74,610	-81,830	-95,012	-104,013	-105,274	-111,319	-111,790	-95,915	-93,371	-102,279	-79,200	-78,400	-82,300	-88,700	-92,700	-100,000	-73,800	-71,000	-66,500	-56,500	-50,700	-38,600	-38,100	-37,100	-35,900	-43,500	-32,100	-29,600	-26,400	-26,200	-23,300	-21,700	-18,400	-17,200	-17,400	-17,400	-22,700	-19,900	-8,800	-9,600	-10,300	-11,800	-11,200	-11,000	-11,200	-11,700	-11,800	-11,700	-11,900	0	-12,400	-12,200
Total Revenue	621,592	996,962	676,939	672,629	665,443	703,948	46,490	606,861	261,031	316,676	313,263	293,227	300,127	293,431	293,704	284,091	303,686	301,695	309,484	316,808	309,503	309,144	301,975	292,540	282,339	270,080	265,910	261,583	255,098	255,498	245,476	241,450	239,211	232,914	228,746	222,561	216,776	213,738	207,310	201,917	204,077	196,778	194,948	197,736	192,100	196,874	193,369	191,731	187,354	183,255	186,587	187,135	183,751	193,191	182,002	197,862	178,400	149,545	170,830	181,776	166,319	-49,515	178,437	174,861	172,703	146,935	187,294	194,338	185,502	229,383	129,283	183,873	185,361	187,891	185,592	183,483	181,260	176,406	180,388	170,545	160,529	163,838	165,441	158,899	157,824	162,457	148,697	142,883	138,685	135,791	134,042	132,547	127,197	122,807	118,979	109,694	103,857	136,543	89,300	87,300	83,100	83,400	76,000	81,500	61,100	58,600	59,300	52,000	48,700	37,400	36,800	36,300	30,800	36,300	24,500	24,300	24,200	25,800	25,100	24,700	20,600	18,000	17,200	18,400	18,800	19,300	9,300	8,700	8,500	7,700	6,900	6,300	6,000	5,700	5,200	5,400	6,200	5,400	5,200	5,100

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

Gross Profit (+$)
totalRevenue	3,951,450
Cost of Revenue	-8,853
Gross Profit	3,942,597	3,942,597

Operating Income (+$)
Gross Profit	3,942,597
Operating Expense	-427,455
Operating Income	-34,700	3,515,142

Operating Expense (+$)
Research Development	0
Selling General Administrative	769,333
Selling And Marketing Expenses	16,122
Operating Expense	427,455	785,455

Net Interest Income (+$)
Interest Income	3,438,706
Interest Expense	-260,471
Other Finance Cost	-809,612
Net Interest Income	2,368,623

Pretax Income (+$)
Operating Income	-34,700
Net Interest Income	2,368,623
Other Non-Operating Income Expenses	0
Income Before Tax (EBT)	1,084,504	-1,119,204 EBIT - interestExpense = -295,171 1,084,504 1,128,311
Interest Expense	260,471
Earnings Before Interest and Taxes (EBIT)	-34,700	1,344,975
Earnings Before Interest and Taxes (EBITDA)	36,207

After tax Income (+$)
Income Before Tax	1,084,504
Tax Provision	-248,855
Net Income From Continuing Ops	927,198	835,649
Net Income	867,840
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	2,860,446
Total Other Income/Expenses Net	1,084,504	-2,368,623

Technical Analysis of Webster Financial Corporation
The psychology behind the price

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

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Webster Financial Corporation. The general trend of Webster Financial Corporation is BEARISH with 14.3% 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 Webster Financial Corporation's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitions	Bullish trend (-14.3%)		Bearish trend (14.3%)
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 Webster Financial Corporation.

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: 47.39 < 47.67 < 51.35.

The bearish price targets are: 43.80 > 43.01 > 42.87.

Tweet this

Webster Financial Corporation Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

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

Score

Let's take a look at the Moving Averages of Webster Financial Corporation. The current mas is .

The long score for the Moving Averages is 6/14.
The longshort score for the Moving Averages is -2/(-14 +14).

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

Webster Financial Corporation Daily Moving Averages Chart

2.2 Moving Average Convergence/Divergence (MACD)

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

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

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Webster Financial Corporation. The current macd is -0.53886878.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

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

Webster Financial Corporation Daily Moving Average Convergence/Divergence (MACD) Chart

2.3 Directional Movement Index (DMI)

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

Score

Let's take a look at the Directional Movement Index (DMI) of Webster Financial Corporation. The current adx is 12.86.

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

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

Webster Financial Corporation Daily Directional Movement Index (DMI) Chart

2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

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

Score

Let's take a look at the Parabolic SAR of Webster Financial Corporation. The current sar is 43.95.

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

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

Webster Financial Corporation Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

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

Score

Let's take a look at the Relative Strength Index (RSI) of Webster Financial Corporation. The current rsi is 48.24. The current phase is Continuation in bear market.

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

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

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.

Webster Financial Corporation Daily Relative Strength Index (RSI) Chart

3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

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

Score

Let's take a look at the Stochastic Oscillator of Webster Financial Corporation. The current phase is Correction in bear market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

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

Webster Financial Corporation Daily Stochastic Oscillator Chart

3.3 Commodity Channel Index (CCI)

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

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

Score

Let's take a look at the Commodity Channel Index (CCI) of Webster Financial Corporation. The current cci is 58.27.

Webster Financial Corporation Daily Commodity Channel Index (CCI) Chart

3.4 Chande Momentum Oscillator (CMO)

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

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

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Webster Financial Corporation. The current cmo is 5.42655513.

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

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

Webster Financial Corporation Daily Chande Momentum Oscillator (CMO) Chart

3.5 Williams %R

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

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

Score

Let's take a look at the Williams %R of Webster Financial Corporation. The current willr is -42.06128134.

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

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

Webster Financial Corporation Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

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

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

Score

Let's take a look at the Bollinger Bands of Webster Financial Corporation.

Webster Financial Corporation Daily Bollinger Bands Chart

4.2 Average True Range (ATR)

Measures market volatility

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

Score

Let's take a look at the Average True Range (ATR) of Webster Financial Corporation. The current atr is 1.09300898.

Webster Financial Corporation Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

Measures market volatility

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

Score

Let's take a look at the On-Balance Volume (OBV) of Webster Financial Corporation. The current obv is -13,122,053.

Webster Financial Corporation Daily On-Balance Volume (OBV) Chart

5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

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

Score

Let's take a look at the Money Flow Index (MFI) of Webster Financial Corporation. The current mfi is 63.44.

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

Webster Financial Corporation Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

Type	Notification	Date
Currently no notifications for Webster Financial Corporation.

6.2. Trading Signals

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

Date	Indicator	Signal
2023-12-18	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
2023-12-19	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-20	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-22	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
2023-12-26	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-29	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-03	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-01-04	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-01-05	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-08	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-01-09	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-11	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-01-12	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2024-01-16	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
2024-01-17	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-01-18	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-19	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
2024-01-22	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-01-23	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-01-24	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-01-26	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-29	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	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.
2024-01-31	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-02-01	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-02-02	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-05	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-06	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
2024-02-08	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.
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-02-14	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-15	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-02-16	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-02-20	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-22	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
2024-02-26	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-27	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-02-28	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-02-29	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-03-01	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-03-05	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-03-07	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-11	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-12	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-13	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-03-14	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-03-15	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
2024-03-19	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-03-20	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-03-21	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
2024-03-22	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-27	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).
2024-04-01	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-04-02	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-04-03	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-04-04	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-04-08	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-10	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-04-16	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-18	MFI	SHORT ENTRY	LONG CLOSE	20 crossover to downside
2024-04-19	MFI	LONG ENTRY	SHORT CLOSE	20 crossover to upside
2024-04-22	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-04-23	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-04-24	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-26	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-04-30	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-05-01	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-05-07	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.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-05-10	STOCH	LONG EXIT		The %K line crosses below the %D line.

6.3. Candlestick Patterns

Webster Financial Corporation Daily Candlestick Chart

Date	Candlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	48.235
Ma 20	Greater than	Ma 50	45.438
Ma 50	Greater than	Ma 100	47.403
Ma 100	Greater than	Ma 200	48.351
Open	Greater than	Close	46.100
Total			2/5 (40.0%)

Create your own Symbol Scanner

Get notifications about Webster Financial Corporation

I send you an email if I find something interesting about Webster Financial Corporation.

Webster Financial Corporation Buy, Hold or Sell?

Let's analyse Webster Financial Corporation together

Get notifications about Webster Financial Corporation

Quick analysis of Webster Financial Corporation (30 sec.)

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

How much money do you get?

What is your share worth?

+ What do you gain per year?

For what price can you sell your share?

1. Valuation of Webster Financial Corporation (5 min.)

$45.88

$50.72

2. Growth of Webster Financial Corporation (5 min.)

Is Webster Financial Corporation growing?

How much money is Webster Financial Corporation making?

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

3. Financial Health of Webster Financial Corporation (5 min.)

4. Comparing to competitors in the Banks - Regional industry (5 min.)

Industry Rankings (Banks - Regional)

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

What can you expect buying and holding a share of Webster Financial Corporation?

Speculation

Investing

How much money are you going to get?

When do you get the money?

How sure are you?

Linear %

Fundamentals of Webster Financial Corporation

About Webster Financial Corporation

Financial Health

Valuation

1.1. Profitability of Webster Financial Corporation.

1.1. Profitability

1.1.1. Net Profit Margin

Trends

Compared to industry (Banks - Regional)

1.1.2. Return on Assets

Trends

Compared to industry (Banks - Regional)

1.1.3. Return on Equity

Trends

Compared to industry (Banks - Regional)

1.2. Operating Efficiency of Webster Financial Corporation.

1.2. Operating Efficiency

1.2.1. Operating Margin

Trends

1.2.2. Operating Ratio

Trends

1.3. Liquidity of Webster Financial Corporation.

1.3. Liquidity

1.3.1. Current Ratio

Trends

Compared to industry (Banks - Regional)

1.3.2. Quick Ratio

Trends

1.4. Solvency of Webster Financial Corporation.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Trends

Compared to industry (Banks - Regional)

1.4.2. Debt to Equity Ratio

Trends

Compared to industry (Banks - Regional)

2. Market Valuation of Webster Financial Corporation

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

Trends

Compared to industry (Banks - Regional)

2.2. Price To Free Cash Flow Ratio

Webster Financial Corporation
Buy, Hold or Sell?