Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings
Price to Sales
Book Value Per Common Share 15.40 17.42 4.84 6.17 7.90
Price to Book
Price to Operating Cash Flow
Price to Free Cash Flow
Enterprise Value to EBITDA
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-06-30 2023-03-31 2022-12-31 2022-06-30 2022-03-31 2021-12-31 2021-03-31 2020-12-31
Price to Earnings 19.36
Price to Sales 6.15
Book Value Per Common Share 15.40 15.29 15.49 15.40 15.94 15.81 16.28 17.42 18.53 19.06 4.84 5.53 5.82 6.17 6.09 7.90
Price to Book 0.45
Price to Operating Cash Flow 90.99
Price to Free Cash Flow 90.99
Enterprise Value to EBITDA

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY
Revenue YoY
EBITDA YoY
Net Profit YoY
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-06-30 2023-03-31 2022-12-31 2022-06-30 2022-03-31 2021-12-31 2021-03-31 2020-12-31
Earning YoY
Revenue YoY
EBITDA YoY
Net Profit YoY 282.66 -79.73

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 1.84 2.06 0.65 0.76 0.79
Quick Ratio
Current Ratio
Debt to Equity 5.53 3.55 2.35 1.32 1.02
Long-Term Debt to Equity
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-06-30 2023-03-31 2022-12-31 2022-06-30 2022-03-31 2021-12-31 2021-03-31 2020-12-31
Cash Per Common Share 1.78 1.95 1.85 2.15 2.59 2.49 2.06 2.55 2.49 0.67 1.07 0.80 0.76 0.77 1.01
Quick Ratio
Current Ratio
Debt to Equity 7.83 6.56 6.05 5.53 5.05 4.62 3.90 3.55 2.58 2.38 2.35 2.37 -0.39 1.32 1.04 1.02
Long-Term Debt to Equity

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA -0.67 -4.78 3.42 -6.20
ROE -4.40 -2.99 -16.02 7.94 -12.50
Gross Margin
Operating Margin
EBITDA Margin
Net Profit Margin
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-06-30 2023-03-31 2022-12-31 2022-06-30 2022-03-31 2021-12-31 2021-03-31 2020-12-31
ROA 0.26 0.08 0.42 0.48 -0.19 -0.78 -0.43 0.34 -0.98 -1.13 1.10
ROE 2.33 0.61 2.97 2.91 -1.06 -3.81 -1.54 1.14 -3.32 -0.69 2.26
Gross Margin
Operating Margin
EBITDA Margin
Net Profit Margin 31.90

Dividends

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Dividend Yield
Dividend Payout Ratio
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-06-30 2023-03-31 2022-12-31 2022-06-30 2022-03-31 2021-12-31 2021-03-31 2020-12-31
Dividend Yield 0.00
Dividend Payout Ratio 92.03

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Assets 9,217,282.00 -7,401,328.00 6,240,745.00 5,641,698.00 4,655,587.00
      Cash and Short-Term Investments 167,422.00 187,107.00 244,718.00 289,602.00 293,183.00
            Cash and Cash Equivalents 167,422.00 187,107.00 244,718.00 289,602.00 293,183.00
            Short-Term Investments 0 0 0 0 0
      Net Receivables 62,075.00 37,312.00 34,067.00 700.00 2,400.00
      Inventory 0 0 0 0 0
      Other Current Assets 0 0 0 0 0
      Property, Plant, Equipment Net 5,460.00 6,581.00 7,831.00 0 10,100.00
      Goodwill 0 0 0 0 0
      Intangible Assets 0 0 0 0 0
      Long-Term Investments 113,492.00 147,116.00 179,746.00 239,631.00 259,095.00
      Non-Current Deferred Assets 0 0 0 0 0
      Other Non-Current Assets 0 0 0 0 0
Liabilities 7,806,148.00 5,773,202.00 4,376,634.00 3,209,916.00 2,348,014.00
      Payables and Expenses 0 0 0 0 0
            Account Payables 0 0 0 0 0
            Current Accrued Liabilities 0 0 0 0 0
      Short-Term Debt 0 0 0 0 10,600.00
      Other Current Liabilities 0 0 0 0 0
      Long-Term Debt 366,606.00 784,421.00 394,707.00 709,356.00 0
      Other Non-Current Liabilities 0 0 0 0 0
Equity 1,411,134.00 1,628,126.00 1,864,111.00 2,431,782.00 2,307,573.00
   Shareholders Equity 1,394,720.00 1,579,612.00 1,767,216.00 2,341,031.00 2,301,202.00
      Capital Stock 536,351.00 536,352.00 541,999.00 542,015.00 508,542.00
      Share Premium 2,289,044.00 2,297,081.00 2,279,955.00 2,356,576.00 2,342,934.00
      Retained Earnings -1,430,675.00 -1,253,817.00 -1,052,768.00 -559,338.00 -551,268.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income 0 -4.00 -1,970.00 1,778.00 994.00
   Minority Interest 4,055.00 20,453.00 33,092.00 24,359.00 6,371.00
Investments 113,492.00 147,116.00 179,746.00 239,631.00 259,095.00
Debt 2,706,482.00 2,798,049.00 2,005,313.00 1,828,377.00 1,234,662.00
Net Debt 2,539,060.00 2,610,942.00 1,760,595.00 1,538,775.00 941,479.00
Common Shares Outstanding 90,575.00 90,675.40 364,774.75 379,405.24 291,371.04
Preferred Shares Outstanding 0 0 0 0 20,872.89
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cost Of Revenue 3,207.00 0 0 0 0
Interest Income 401,280.00 258,660.00 258,388.00 206,866.00 350,161.00
Interest Expense 317,425.00 192,134.00 129,419.00 83,248.00 223,068.00
Net Interest 83,855.00 66,526.00 128,969.00 123,618.00 127,093.00
Provisions for Credit Losses -3,207.00 0 0 0 0
Operating Expenses 91,695.00 73,517.00 348,563.00 104,425.00 54,563.00
   Selling, General and Administrative Expenses 48,672.00 49,565.00 52,440.00 48,908.00 42,228.00
   Other Operating Expenses 43,023.00 23,952.00 296,123.00 55,517.00 12,335.00
Operating Income -92,917.00 -77,724.00 -340,107.00 190,934.00 -287,262.00
Net Non-Operating Income 0 0 0 0 -301,544.00
EBT 0 0 0 0 -588,806.00
Income Tax 1,036.00 75.00 542.00 2,458.00 981.00
Equity Method Investments Income 16,011.00 17,785.00 15,074.00 33,896.00 26,670.00
Net Income Including Non-Controlling Interests -93,953.00 -77,799.00 -340,649.00 188,476.00 -288,243.00
Net Income Non-Controlling Interests 31,924.00 29,134.00 42,044.00 4,724.00 -267.00
Net Income -62,029.00 -48,665.00 -298,605.00 193,200.00 -288,510.00
EBIT 0 0 0 0 -365,738.00
Deprecation and Amortization 20,219.00 27,500.00 26,137.00 51,386.00 14,744.00
EBITDA 0 0 0 0 -350,994.00
EPS -0.00 -0.00 -0.00 0.00 -0.00
Diluted EPS -0.00 -0.00 -0.00 0.00 -0.00
Average Shares Outstanding Basic 90,815.00 91,042.00 377,287.00 379,232.00 371,004.00
Average Shares Outstanding Diluted 90,815.00 91,042.00 377,287.00 380,968.00 371,004.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 14,071.00 29,953.00 91,783.00 138,912.00 110,755.00
   Operating Net Income -93,953.00 -77,799.00 -340,649.00 188,476.00 -288,243.00
   Deprecation and Amortization 20,219.00 27,500.00 26,137.00 51,386.00 14,744.00
   Deferred Income Tax 915.00 -221.00 -2,675.00 2,173.00 -395.00
   Share Based Compensation 6,068.00 8,825.00 11,895.00 10,239.00 9,922.00
   Change in Working Capital -15,036.00 -16,747.00 -28,729.00 26,515.00 -56,820.00
   Other Operating Activities 95,858.00 88,395.00 425,804.00 -139,877.00 431,547.00
Investing Cash Flow -2,244,435.00 -1,219,931.00 -508,775.00 -133,030.00 2,117,883.00
   Capital Expenditure -24,647.00 -50,412.00 -209,372.00 -46,059.00 -206.00
   Net Purchase/Sale of PPE -24,647.00 -50,412.00 -209,372.00 -46,059.00 -206.00
   Net Purchase/Sale of Investments Net -3,794,819.00 -2,506,083.00 -1,653,336.00 522,772.00 1,422,809.00
   Net Purchase/Sale of Business 162,855.00 178,130.00 -69,043.00 -300,208.00 -51,994.00
   Net Loan & Lease Activity 1,147,168.00 1,062,247.00 0 1,063,267.00 239,796.00
   Other Investing Activities 289,655.00 146,599.00 1,632,348.00 -1,326,743.00 507,684.00
Financing Cash Flow 2,228,746.00 1,139,682.00 460,069.00 27,489.00 -2,045,760.00
   Net Issuance/Repayment of Debt 1,535,749.00 1,730,366.00 41,033.00 146,852.00 -2,701,812.00
   Net Issuance/Repurchase of Equity 3,493.00 6,176.00 44,399.00 27,291.00 511,924.00
   Dividends Paid 116,701.00 170,695.00 193,157.00 194,848.00 146,557.00
   Other Financing Activities 572,803.00 -767,555.00 181,480.00 -341,502.00 -2,429.00
Net Change in Cash -1,618.00 -50,296.00 43,077.00 33,371.00 182,878.00
   Cash at Beginning of Period 330,642.00 380,938.00 337,861.00 304,490.00 121,612.00
   Cash at End of Period 329,024.00 330,642.00 380,938.00 337,861.00 304,490.00
Free Cash Flow -10,576.00 -20,459.00 -117,589.00 92,853.00 110,549.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-06-30 2023-03-31 2022-12-31 2022-06-30 2022-03-31 2021-12-31 2021-03-31 2020-12-31
Assets 12,401,862.00 10,552,332.00 10,004,055.00 9,217,282.00 8,905,914.00 8,228,883.00 7,446,815.00 -7,401,328.00 6,279,047.00 6,170,249.00 6,240,745.00 7,299,536.00 6,541,752.00 5,641,698.00 4,726,174.00 4,655,587.00
      Cash and Short-Term Investments 0 160,447.00 177,072.00 167,422.00 195,066.00 235,514.00 226,939.00 187,107.00 232,497.00 227,753.00 244,718.00 407,104.00 303,762.00 289,602.00 290,977.00 293,183.00
            Cash and Cash Equivalents 185,285.00 160,447.00 177,072.00 167,422.00 195,066.00 235,514.00 226,939.00 187,107.00 232,497.00 227,753.00 244,718.00 407,104.00 303,762.00 289,602.00 290,977.00 293,183.00
            Short-Term Investments 1,630,237.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Net Receivables 148,565.00 64,474.00 61,270.00 62,075.00 54,734.00 45,753.00 39,936.00 37,312.00 30,828.00 31,578.00 34,067.00 38,136.00 31,623.00 700.00 2,100.00 2,400.00
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Property, Plant, Equipment Net 4,571.00 4,872.00 5,168.00 5,460.00 5,747.00 6,029.00 6,308.00 6,581.00 7,222.00 7,524.00 7,831.00 8,429.00 8,722.00 0 9,900.00 10,100.00
      Goodwill 22,396.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Intangible Assets 39,778.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Long-Term Investments 6,867,540.00 91,440.00 93,999.00 113,492.00 146,833.00 142,915.00 137,943.00 147,116.00 168,755.00 191,148.00 179,746.00 223,651.00 225,300.00 239,631.00 260,065.00 259,095.00
      Non-Current Deferred Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Non-Current Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Liabilities 10,997,084.00 9,155,677.00 8,585,743.00 7,806,148.00 7,433,952.00 6,764,132.00 5,927,481.00 5,773,202.00 4,525,359.00 4,346,957.00 4,376,634.00 5,135,364.00 -4,238,390.00 3,209,916.00 2,411,823.00 2,348,014.00
      Payables and Expenses 135,223.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
            Account Payables 56,128.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
            Current Accrued Liabilities 29,882.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Short-Term Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 10,300.00 10,600.00
      Other Current Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Long-Term Debt 4,347,043.00 364,100.00 365,455.00 366,606.00 492,321.00 592,919.00 850,743.00 784,421.00 397,075.00 397,316.00 394,707.00 1,251,059.00 1,083,371.00 709,356.00 0 0
      Other Non-Current Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Equity 1,404,778.00 1,396,655.00 1,418,312.00 1,411,134.00 1,471,962.00 1,464,751.00 1,519,334.00 1,628,126.00 1,753,688.00 1,823,292.00 1,864,111.00 2,164,172.00 10,780,142.00 2,431,782.00 2,314,351.00 2,307,573.00
   Shareholders Equity 1,390,777.00 1,381,203.00 1,401,946.00 1,394,720.00 1,444,147.00 1,431,910.00 1,485,256.00 1,579,612.00 1,690,712.00 1,737,506.00 1,767,216.00 2,092,991.00 2,217,618.00 2,341,031.00 2,308,853.00 2,301,202.00
      Capital Stock 541,375.00 540,317.00 536,350.00 536,351.00 536,351.00 536,351.00 536,357.00 536,352.00 537,896.00 538,801.00 541,999.00 542,007.00 542,033.00 542,015.00 508,558.00 508,542.00
      Share Premium 2,279,204.00 2,281,974.00 2,284,569.00 2,289,044.00 2,278,869.00 2,280,664.00 2,289,452.00 2,297,081.00 2,298,669.00 2,279,131.00 2,279,955.00 2,354,377.00 2,357,910.00 2,356,576.00 2,343,912.00 2,342,934.00
      Retained Earnings -1,429,802.00 -1,441,088.00 -1,418,973.00 -1,430,675.00 -1,371,073.00 -1,385,105.00 -1,340,553.00 -1,253,817.00 -1,144,091.00 -1,079,047.00 -1,052,768.00 -802,448.00 -681,915.00 -559,338.00 -547,491.00 -551,268.00
      Treasury Shares 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Accumulated Other Comprehensive Income 0 0 0 0 0 0 0 -4.00 -1,762.00 -1,379.00 -1,970.00 -945.00 -410.00 1,778.00 3,874.00 994.00
   Minority Interest 14,001.00 2,670.00 2,984.00 4,055.00 5,989.00 9,753.00 13,950.00 20,453.00 28,405.00 31,434.00 33,092.00 34,080.00 -32,383.00 24,359.00 5,498.00 6,371.00
Investments 0 91,440.00 93,999.00 113,492.00 146,833.00 142,915.00 137,943.00 147,116.00 168,755.00 191,148.00 179,746.00 223,651.00 225,300.00 239,631.00 260,065.00 259,095.00
Debt 4,347,043.00 3,271,963.00 3,078,444.00 2,706,482.00 2,597,136.00 2,373,522.00 2,073,810.00 2,798,049.00 1,156,985.00 1,178,390.00 2,005,313.00 3,210,422.00 1,979,505.00 1,828,377.00 1,173,242.00 1,234,662.00
Net Debt 4,156,786.00 3,111,516.00 2,901,372.00 2,539,060.00 2,402,070.00 2,138,008.00 1,846,871.00 2,610,942.00 924,488.00 950,637.00 1,760,595.00 2,803,318.00 1,675,743.00 1,538,775.00 882,265.00 941,479.00
Common Shares Outstanding 90,307.78 90,313.98 90,529.42 90,575.00 90,579.45 90,592.07 91,231.04 90,675.40 91,250.40 91,180.10 364,774.75 378,647.37 381,249.03 379,405.24 379,272.50 291,371.04
Preferred Shares Outstanding 0 0 0 0 0 0 0 0 0 0 0 0 0 0 20,872.89 20,872.89
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-06-30 2023-03-31 2022-06-30 2022-03-31 2021-03-31
Revenues 102,499.00 0 0 0 0 0 0 0 0 0 0 0
Cost Of Revenue 0 0 0 0.00 0 0 3,207.00 0 0 0 0 0
Interest Income 160,633.00 140,901.00 129,734.00 118,252.00 108,361.00 90,775.00 83,892.00 57,540.00 57,136.00 68,020.00 58,501.00 50,039.00
Interest Expense 124,047.00 104,454.00 96,636.00 91,541.00 88,124.00 71,731.00 66,029.00 42,404.00 39,335.00 41,891.00 28,622.00 19,699.00
Net Interest 0 36,447.00 33,098.00 26,711.00 20,237.00 19,044.00 17,863.00 15,136.00 17,801.00 26,129.00 29,879.00 30,340.00
Non-Interest Expense 55,083.00 0 0 0 0 0 0 0 0 0 0 0
Provisions for Credit Losses 0 0 0 0.00 0 0 -3,207.00 0 0 0 0 0
Operating Expenses 0 19,890.00 25,102.00 20,929.00 22,826.00 23,599.00 24,341.00 71,496.00 70,450.00 96,624.00 71,836.00 19,195.00
   Selling, General and Administrative Expenses 21,630.00 11,786.00 12,414.00 12,029.00 11,941.00 11,648.00 13,054.00 13,316.00 12,683.00 13,175.00 14,358.00 11,441.00
   Other Operating Expenses 0 8,104.00 12,688.00 8,900.00 10,885.00 11,951.00 11,287.00 58,180.00 57,767.00 83,449.00 57,478.00 7,754.00
Operating Income 0 4,279.00 37,713.00 -31,797.00 42,791.00 -23,741.00 -80,170.00 -30,838.00 14,178.00 -90,728.00 -88,741.00 50,865.00
EBT 39,487.00 0 0 0 0 0 0 0 0 0 0 0
Income Tax -298.00 161.00 648.00 -1,742.00 2,325.00 342.00 111.00 18.00 16.00 90.00 22.00 66.00
Equity Method Investments Income 0 -1,428.00 3,589.00 5,985.00 6,054.00 6,108.00 -2,136.00 2,656.00 4,511.00 8,100.00 6,053.00 3,399.00
Net Income Including Non-Controlling Interests 39,785.00 4,440.00 37,065.00 -30,277.00 40,466.00 -24,083.00 -80,059.00 -30,820.00 14,162.00 -90,818.00 -88,719.00 50,799.00
Net Income Non-Controlling Interests 5,035.00 4,106.00 5,090.00 -1,111.00 2,383.00 8,494.00 22,158.00 3,892.00 6,701.00 18,922.00 14,869.00 1,409.00
Net Income 32,702.00 8,546.00 42,155.00 -31,388.00 42,849.00 -15,589.00 -57,901.00 -26,928.00 20,863.00 -71,896.00 -73,850.00 52,208.00
Deprecation and Amortization 10,375.00 5,928.00 4,750.00 3,471.00 3,153.00 11,284.00 2,311.00 0.00 7,744.00 0.00 5,612.00 10,530.00
EPS 0.00 -0.00 0.00 0.00 0.00 -0.00 -0.00 -0.00 0.00 -0.00 -0.00 0.00
Diluted EPS 0.00 -0.00 0.00 0.00 0.00 -0.00 -0.00 -0.00 0.00 -0.00 -0.00 0.00
Average Shares Outstanding Basic 90,406.00 90,324.00 90,583.00 90,572.00 90,582.00 90,989.00 91,117.00 91,193.00 91,314.00 381,200.00 380,795.00 378,881.00
Average Shares Outstanding Diluted 91,614.00 90,324.00 91,091.00 90,568.00 90,586.00 90,989.00 91,117.00 91,193.00 91,672.00 381,200.00 380,795.00 380,815.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-06-30 2023-03-31 2022-06-30 2022-03-31 2021-03-31
Operating Cash Flow 6,921.00 0 25,819.00 27,201.00 0.00 0 -13,130.00 0 -11,404.00 0.00 38,182.00 25,143.00
   Operating Net Income 39,786.00 0 37,065.00 -18,894.00 5,000.00 0 -80,059.00 0 14,162.00 0.00 -76,091.00 50,799.00
   Deprecation and Amortization 10,375.00 5,928.00 4,750.00 9,777.00 -3,153.00 11,284.00 2,311.00 0 7,744.00 0.00 5,612.00 10,530.00
   Deferred Income Tax 0 7.00 -5.00 -1,136.00 1,983.00 342.00 -274.00 -88.00 -171.00 11.00 -87.00 -147.00
   Share Based Compensation 2,439.00 0 0 6,068.00 0.00 0 0 0 50.00 0.00 1,352.00 994.00
   Change in Working Capital -6,267.00 0 983.00 -9,828.00 0.00 0 -5,208.00 0 -16,195.00 0.00 -5,165.00 -3,134.00
   Other Operating Activities -39,412.00 0 -16,974.00 25,758.00 0.00 0 70,100.00 0 -16,994.00 0.00 112,561.00 -33,899.00
Investing Cash Flow -1,594,866.00 0 -794,225.00 -1,990,451.00 0.00 0 -253,984.00 0 57,065.00 0.00 -576,855.00 -28,512.00
   Capital Expenditure 0 0.00 0.00 -18,659.00 0.00 0.00 -5,988.00 0.00 -18,138.00 0.00 -103,122.00 -827.00
   Net Purchase/Sale of PPE 0 0 0 -18,659.00 0.00 0 -5,988.00 0 -18,138.00 0.00 -103,122.00 -827.00
   Net Purchase/Sale of Investments Net -1,671,739.00 0 -1,121,549.00 -3,229,404.00 0.00 0 -565,415.00 0 -189,725.00 0.00 -747,118.00 -219,917.00
   Net Purchase/Sale of Business -16,733.00 0 8,481.00 158,205.00 0.00 0 4,650.00 0 -20,834.00 0.00 -73,979.00 3,215.00
   Net Loan & Lease Activity 1,147,168.00 1,062,247.00 0 1,063,267.00 239,796.00
   Other Investing Activities 93,606.00 0 -24,847.00 201,158.00 0.00 0 88,497.00 0 24,811.00 0.00 128,373.00 189,844.00
Financing Cash Flow 1,618,542.00 0 713,783.00 1,901,543.00 0.00 0 327,203.00 0 -83,597.00 0.00 604,824.00 19,510.00
   Net Issuance/Repayment of Debt 211,527.00 0 472,930.00 1,496,038.00 0.00 0 39,711.00 0 50,055.00 0.00 234,281.00 130,748.00
   Net Issuance/Repurchase of Equity 1,058.00 4,000.00 0 3,493.00 0.00 0 0 0 3,290.00 0.00 0 0
   Dividends Paid -30,095.00 0 28,880.00 85,816.00 0.00 0 30,885.00 0 48,152.00 0.00 48,048.00 48,105.00
   Other Financing Activities 1,436,052.00 0 211,973.00 316,196.00 0.00 0 256,607.00 0 -185,094.00 0.00 322,495.00 -159,343.00
Net Change in Cash 30,597.00 0 -54,623.00 -61,707.00 0.00 0 60,089.00 0 -37,936.00 0.00 66,151.00 16,141.00
   Cash at Beginning of Period 267,118.00 0 329,024.00 390,731.00 0 0 330,642.00 0 380,938.00 0 337,861.00 304,490.00
   Cash at End of Period 297,715.00 267,118.00 274,401.00 329,024.00 331,997.00 368,150.00 390,731.00 345,467.00 343,002.00 551,718.00 404,012.00 320,631.00
Free Cash Flow 6,921.00 0 0 8,542.00 0.00 0 -19,118.00 0 -29,542.00 0.00 -64,940.00 24,316.00