AVTR

Valuation Ratios

Breakdown 2023-12-31 2022-12-31 2021-12-31
Price to Earnings 47.56
Price to Sales 2.21
Book Value Per Common Share 7.76 7.20 6.88
Price to Book 2.94
Price to Operating Cash Flow 17.73
Price to Free Cash Flow
Enterprise Value to EBITDA 140737.11
Breakdown 2024-09-30 2024-06-30 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
Price to Earnings 83.45 92.17 284.11
Price to Sales 3.45 4.25 10.32
Book Value Per Common Share 8.16 8.00 7.86 7.76 7.54 7.42 7.40 7.20 6.81 6.63 7.14 6.88
Price to Book 3.17 2.65 3.25 2.94
Price to Operating Cash Flow 26.33 34.04 122.46
Price to Free Cash Flow
Enterprise Value to EBITDA 235332.61 275698.51 710333.45

Earnings Data

Breakdown 2023-12-31 2022-12-31 2021-12-31
Earning YoY -52.94 18.60
Revenue YoY -7.26 1.71
EBITDA YoY -27.90 12.80
Net Profit YoY -51.52 30.37
Breakdown 2024-09-30 2024-06-30 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
Earning YoY 34.78 155.56 94.12 -5.56 44.64 93.10
Revenue YoY 50.68 101.37 48.81 97.96 48.08 97.95
EBITDA YoY 43.17 113.74 60.74 52.84 46.97 90.22
Net Profit YoY 37.70 153.81 94.92 -6.01 44.20 98.42

Financial Strength

Breakdown 2023-12-31 2022-12-31 2021-12-31
Cash Per Common Share 0.39 0.57 0.51
Quick Ratio 0.95 0.96 1.05
Current Ratio 1.61 1.60 1.71
Debt to Equity 1.47 1.77 2.31
Long-Term Debt to Equity 1.19 1.43 1.97
Breakdown 2024-09-30 2024-06-30 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
Cash Per Common Share 0.42 0.40 0.35 0.39 0.35 0.35 0.44 0.55 0.41 0.38 0.46 0.49
Quick Ratio 0.84 0.96 0.95 0.95 0.93 0.94 0.94 0.96 0.96 0.96 1.13 1.05
Current Ratio 1.54 1.59 1.61 1.61 1.60 1.61 1.57 1.60 1.65 1.64 1.80 1.71
Debt to Equity 1.31 1.34 1.39 1.47 1.51 1.61 1.68 1.77 1.86 2.01 2.17 2.31
Long-Term Debt to Equity 1.02 1.07 1.12 1.19 1.22 1.30 1.35 1.43 1.52 1.65 1.84 1.97

Profitability

Breakdown 2023-12-31 2022-12-31 2021-12-31
ROA 2.48 4.92 3.66
ROE 6.11 13.64 12.10
Gross Margin 33.93 34.65 33.88
Operating Margin 9.98 14.87 13.14
EBITDA Margin 15.75 20.27 18.27
Net Profit Margin 4.61 8.82 6.88
Breakdown 2024-09-30 2024-06-30 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
ROA 1.64 1.21 0.47 1.74 0.87 0.91 4.15 2.81 1.38
ROE 3.80 2.82 1.13 4.37 2.28 2.43 11.87 8.45 4.37
Gross Margin 33.67 34.06 33.96 34.20 34.47 35.10 34.78 34.64 35.37
Operating Margin 8.70 9.47 8.63 9.73 8.56 12.89 15.26 15.46 15.72
EBITDA Margin 14.68 15.45 14.56 15.49 14.34 18.57 20.59 20.75 21.59
Net Profit Margin 4.14 4.53 3.60 4.24 3.24 6.82 9.53 9.79 9.76

Dividends

Breakdown 2023-12-31 2022-12-31 2021-12-31
Dividend Yield
Dividend Payout Ratio
Breakdown 2024-09-30 2024-06-30 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
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2023-12-31 2022-12-31 2021-12-31
Assets 12,972,700.00 13,464,300.00 13,897,200.00
   Current Assets 2,384,900.00 2,657,900.00 2,477,200.00
      Cash and Short-Term Investments 262,900.00 372,900.00 301,700.00
            Cash and Cash Equivalents 262,900.00 372,900.00 301,700.00
            Short-Term Investments 0 0 0
      Net Receivables 1,150,200.00 1,218,400.00 1,222,100.00
      Inventory 828,100.00 913,500.00 872,000.00
      Other Current Assets 143,700.00 153,100.00 81,400.00
   Non-Current Assets 10,587,800.00 10,806,400.00 11,420,000.00
      Property, Plant, Equipment Net 858,200.00 845,700.00 705,500.00
      Goodwill 5,716,700.00 5,652,600.00 5,341,100.00
      Intangible Assets 5,878,400.00 5,791,700.00 6,520,800.00
      Long-Term Investments 0 4,855,400.00 4,197,000.00
      Non-Current Deferred Assets 0 0 0
      Other Non-Current Assets -1,865,500.00 -6,339,000.00 -5,344,400.00
Liabilities 7,720,100.00 8,608,900.00 9,700,200.00
   Current Liabilities 1,480,300.00 1,658,800.00 1,450,800.00
      Payables and Expenses 809,200.00 930,500.00 1,004,600.00
            Account Payables 676,100.00 808,100.00 804,900.00
            Current Accrued Liabilities 133,100.00 122,400.00 199,700.00
      Short-Term Debt 259,900.00 364,200.00 45,200.00
      Other Current Liabilities 411,200.00 364,100.00 401,000.00
   Non-Current Liabilities 6,239,800.00 6,950,100.00 8,249,400.00
      Long-Term Debt 5,276,700.00 5,923,300.00 6,978,000.00
      Other Non-Current Liabilities 963,100.00 1,026,800.00 1,271,400.00
Equity 5,252,600.00 4,855,400.00 4,197,000.00
   Shareholders Equity 5,252,600.00 4,855,400.00 4,197,000.00
      Capital Stock 0 0 0
      Share Premium 0 0 0
      Retained Earnings 1,491,500.00 1,170,400.00 483,900.00
      Treasury Shares 0 0 0
      Accumulated Other Comprehensive Income -69,000.00 -100,300.00 -43,200.00
   Minority Interest 0 0 0
Investments 0 4,855,400.00 4,197,000.00
Debt 5,536,600.00 6,287,500.00 7,023,200.00
Net Debt 5,273,700.00 5,914,600.00 6,721,500.00
Common Shares Outstanding 676,600.00 674,300.00 609,700.00
Preferred Shares Outstanding 0 0 20,700.00
Breakdown 2023-12-31 2022-12-31 2021-12-31
Revenues 6,967,200.00 7,512,400.00 7,386,100.00
Cost Of Revenue 4,603,400.00 4,909,600.00 4,883,400.00
Gross Profit 2,363,800.00 2,602,800.00 2,502,700.00
Operating Expenses 1,667,400.00 1,472,600.00 1,530,500.00
   Selling, General and Administrative Expenses 1,506,600.00 1,472,600.00 1,530,500.00
   Other Operating Expenses 160,800.00 0.00 0.00
Operating Income 696,400.00 1,130,200.00 972,200.00
Net Non-Operating Income -285,900.00 -279,100.00 -219,200.00
Interest Income 284,800.00 0 0
Interest Expense 284,800.00 265,800.00 217,400.00
Net Interest 284,800.00 0 0
EBT 410,500.00 851,100.00 753,000.00
Income Tax 89,400.00 164,600.00 180,400.00
Net Income Including Non-Controlling Interests 321,100.00 686,500.00 572,600.00
Net Income Non-Controlling Interests 0.00 -24,200.00 -64,600.00
Net Income 321,100.00 662,300.00 508,000.00
EBIT 695,300.00 1,116,900.00 970,400.00
Deprecation and Amortization 402,300.00 405,500.00 379,200.00
EBITDA 1,097,600.00 1,522,400.00 1,349,600.00
EPS 0.00 0.00 0.00
Diluted EPS 0.00 0.00 0.00
Average Shares Outstanding Basic 675,600.00 650,900.00 590,500.00
Average Shares Outstanding Diluted 678,400.00 679,400.00 599,600.00
Breakdown 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow 870,000.00 843,600.00 953,600.00
   Operating Net Income 321,100.00 686,500.00 572,600.00
   Deprecation and Amortization 402,300.00 405,500.00 379,200.00
   Deferred Income Tax -172,400.00 -69,100.00 -17,700.00
   Share Based Compensation 40,500.00 45,800.00 50,700.00
   Change in Working Capital -295,200.00 352,700.00 254,900.00
   Other Operating Activities 573,700.00 -577,800.00 -286,100.00
Investing Cash Flow -143,700.00 -109,600.00 -4,121,700.00
   Capital Expenditure 0.00 0.00 0.00
   Net Purchase/Sale of PPE 146,400.00 133,400.00 111,100.00
   Net Purchase/Sale of Investments Net -2,700.00 -1,500.00 -3,500.00
   Net Purchase/Sale of Business 0 20,200.00 4,014,100.00
   Other Investing Activities -287,400.00 -261,700.00 -8,243,400.00
Financing Cash Flow -843,700.00 -648,700.00 3,219,200.00
   Net Issuance/Repayment of Debt 846,000.00 1,274,200.00 3,368,500.00
   Net Issuance/Repurchase of Equity 18,300.00 17,300.00 1,049,500.00
   Dividends Paid 0 32,400.00 64,600.00
   Other Financing Activities -1,708,000.00 -1,972,600.00 -1,263,400.00
Net Change in Cash -109,200.00 69,800.00 37,900.00
   Cash at Beginning of Period 396,900.00 327,100.00 289,200.00
   Cash at End of Period 287,700.00 396,900.00 327,100.00
Free Cash Flow 0 0 0
Breakdown 2024-09-30 2024-06-30 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
Assets 12,840,600.00 12,693,500.00 12,763,400.00 12,972,700.00 12,798,100.00 13,063,300.00 13,395,900.00 13,464,300.00 13,113,300.00 13,430,900.00 13,836,400.00 13,897,200.00
   Current Assets 2,504,700.00 2,329,200.00 2,321,100.00 2,384,900.00 2,384,800.00 2,499,100.00 2,627,300.00 2,657,900.00 2,560,100.00 2,571,500.00 2,606,300.00 2,477,200.00
      Cash and Short-Term Investments 285,300.00 272,600.00 234,900.00 262,900.00 236,900.00 236,400.00 294,600.00 372,900.00 265,600.00 237,500.00 283,600.00 301,700.00
            Cash and Cash Equivalents 285,300.00 272,600.00 234,900.00 262,900.00 236,900.00 236,400.00 294,600.00 372,900.00 265,600.00 237,500.00 283,600.00 301,700.00
            Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0
      Net Receivables 1,087,700.00 1,129,000.00 1,129,700.00 1,150,200.00 1,150,300.00 1,216,000.00 1,277,200.00 1,218,400.00 1,231,400.00 1,269,600.00 1,345,400.00 1,222,100.00
      Inventory 779,600.00 795,600.00 810,600.00 828,100.00 850,300.00 890,400.00 904,000.00 913,500.00 905,000.00 922,500.00 896,000.00 872,000.00
      Other Current Assets 352,100.00 132,000.00 145,900.00 143,700.00 147,300.00 156,300.00 151,500.00 153,100.00 158,100.00 141,900.00 81,300.00 81,400.00
   Non-Current Assets 10,335,900.00 10,364,300.00 10,442,300.00 10,587,800.00 10,413,300.00 10,564,200.00 10,768,600.00 10,806,400.00 10,553,200.00 10,859,400.00 11,230,100.00 11,420,000.00
      Property, Plant, Equipment Net 722,800.00 753,800.00 739,700.00 858,200.00 698,300.00 698,200.00 736,500.00 845,700.00 698,200.00 698,100.00 699,900.00 705,500.00
      Goodwill 5,670,600.00 5,659,600.00 5,672,000.00 5,716,700.00 5,637,700.00 5,693,900.00 5,682,500.00 5,652,600.00 5,511,400.00 5,626,100.00 5,265,200.00 5,341,100.00
      Intangible Assets 5,831,100.00 5,809,100.00 5,817,800.00 5,878,400.00 5,777,100.00 5,841,400.00 5,823,600.00 5,791,700.00 5,634,800.00 5,774,400.00 6,472,800.00 6,520,800.00
      Long-Term Investments 0 0 0 0 0 0 0 4,855,400.00 0 0 0 4,197,000.00
      Non-Current Deferred Assets 0 0 0 0 0 0 0 0 0 0 0 0
      Other Non-Current Assets -1,888,600.00 -1,858,200.00 -1,787,200.00 -1,865,500.00 -1,699,800.00 -1,669,300.00 -1,474,000.00 -6,339,000.00 -1,291,200.00 -1,239,200.00 -1,207,800.00 -5,344,400.00
Liabilities 7,287,400.00 7,258,500.00 7,427,100.00 7,720,100.00 7,698,700.00 8,052,000.00 8,401,300.00 8,608,900.00 8,521,900.00 8,961,400.00 9,478,400.00 9,700,200.00
   Current Liabilities 1,629,800.00 1,464,600.00 1,441,900.00 1,480,300.00 1,488,100.00 1,550,100.00 1,669,500.00 1,658,800.00 1,551,900.00 1,571,300.00 1,447,100.00 1,450,800.00
      Payables and Expenses 896,700.00 853,400.00 747,100.00 809,200.00 815,400.00 860,200.00 929,700.00 930,500.00 927,500.00 965,600.00 992,900.00 1,004,600.00
            Account Payables 713,400.00 707,300.00 614,100.00 676,100.00 695,400.00 735,900.00 805,100.00 808,100.00 807,500.00 847,500.00 858,000.00 804,900.00
            Current Accrued Liabilities 183,300.00 146,100.00 133,000.00 133,100.00 120,000.00 124,300.00 124,600.00 122,400.00 120,000.00 118,100.00 134,900.00 199,700.00
      Short-Term Debt 229,700.00 258,400.00 299,100.00 259,900.00 335,600.00 314,000.00 325,200.00 364,200.00 280,600.00 246,400.00 44,700.00 45,200.00
      Other Current Liabilities 503,400.00 352,800.00 395,700.00 411,200.00 337,100.00 375,900.00 414,600.00 364,100.00 343,800.00 359,300.00 409,500.00 401,000.00
   Non-Current Liabilities 5,657,600.00 5,793,900.00 5,985,200.00 6,239,800.00 6,210,600.00 6,501,900.00 6,731,800.00 6,950,100.00 6,970,000.00 7,390,100.00 8,031,300.00 8,249,400.00
      Long-Term Debt 4,691,400.00 4,856,600.00 5,023,900.00 5,276,700.00 5,290,500.00 5,570,300.00 5,736,000.00 5,923,300.00 5,907,500.00 6,292,700.00 6,815,800.00 6,978,000.00
      Other Non-Current Liabilities 966,200.00 937,300.00 961,300.00 963,100.00 920,100.00 931,600.00 995,800.00 1,026,800.00 1,062,500.00 1,097,400.00 1,215,500.00 1,271,400.00
Equity 5,553,200.00 5,435,000.00 5,336,300.00 5,252,600.00 5,099,400.00 5,011,300.00 4,994,600.00 4,855,400.00 4,591,400.00 4,469,500.00 4,358,000.00 4,197,000.00
   Shareholders Equity 5,553,200.00 5,435,000.00 5,336,300.00 5,252,600.00 5,099,400.00 5,011,300.00 4,994,600.00 4,855,400.00 4,591,400.00 4,469,500.00 4,358,000.00 4,197,000.00
      Capital Stock 0 0 0 0 0 0 0 0 0 0 0 0
      Share Premium 0 0 0 0 0 0 0 0 0 0 0 0
      Retained Earnings 1,702,600.00 1,644,800.00 1,551,900.00 1,491,500.00 1,393,000.00 1,284,600.00 1,291,900.00 1,170,400.00 1,028,700.00 861,700.00 674,300.00 483,900.00
      Treasury Shares 0 0 0 0 0 0 0 0 0 0 0 0
      Accumulated Other Comprehensive Income -73,900.00 -107,300.00 -97,000.00 -69,000.00 -111,100.00 -71,900.00 -89,700.00 -100,300.00 -211,800.00 -148,300.00 -69,300.00 -43,200.00
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 0 0 0 0 4,855,400.00 0 0 0 4,197,000.00
Debt 4,921,100.00 5,115,000.00 5,323,000.00 5,536,600.00 5,626,100.00 5,884,300.00 6,061,200.00 6,287,500.00 6,188,100.00 6,539,100.00 6,860,500.00 7,023,200.00
Net Debt 4,635,800.00 4,842,400.00 5,088,100.00 5,273,700.00 5,389,200.00 5,647,900.00 5,766,600.00 5,914,600.00 5,922,500.00 6,301,600.00 6,576,900.00 6,721,500.00
Common Shares Outstanding 680,600.00 679,600.00 679,200.00 676,600.00 676,300.00 675,700.00 675,100.00 674,300.00 674,200.00 673,900.00 610,300.00 609,700.00
Preferred Shares Outstanding 0 0 0 0 0 0 0 0 0 0 20,700.00 20,700.00
Breakdown 2024-09-30 2024-06-30 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
Revenues 5,097,000.00 3,382,600.00 1,679,800.00 -3,581,700.00 5,244,400.00 3,524,200.00 1,780,300.00 -4,016,300.00 5,717,400.00 3,860,900.00 1,950,400.00
Cost Of Revenue 3,380,600.00 2,230,600.00 1,109,300.00 -2,312,500.00 3,451,000.00 2,309,400.00 1,155,500.00 -2,603,300.00 3,729,100.00 2,523,300.00 1,260,500.00
Gross Profit 1,716,400.00 1,152,000.00 570,500.00 -1,269,200.00 1,793,400.00 1,214,800.00 624,800.00 -1,413,000.00 1,988,300.00 1,337,600.00 689,900.00
Operating Expenses 1,269,700.00 829,900.00 424,200.00 -918,400.00 1,280,300.00 911,900.00 393,600.00 -755,200.00 1,109,900.00 735,000.00 382,900.00
   Selling, General and Administrative Expenses 1,269,700.00 829,900.00 424,200.00 -757,600.00 1,119,500.00 751,100.00 393,600.00 -755,200.00 1,109,900.00 735,000.00 382,900.00
   Other Operating Expenses 0.00 0.00 0.00 -160,800.00 160,800.00 160,800.00 0.00 0.00 0.00 0.00 0.00
Operating Income 446,700.00 322,100.00 146,300.00 -350,800.00 513,100.00 302,900.00 231,200.00 -657,800.00 878,400.00 602,600.00 307,000.00
Net Non-Operating Income -177,000.00 -126,900.00 -65,700.00 160,000.00 -222,100.00 -148,400.00 -75,400.00 122,600.00 -202,000.00 -134,500.00 -65,200.00
Interest Income 173,900.00 125,200.00 64,300.00 284,800.00 0 0 0 0 0 0 0
Interest Expense 173,900.00 125,200.00 64,300.00 -155,500.00 219,500.00 147,100.00 73,700.00 -123,700.00 196,000.00 128,700.00 64,800.00
Net Interest 173,900.00 125,200.00 64,300.00 284,800.00 0 0 0 0 0 0 0
EBT 269,700.00 195,200.00 80,600.00 -190,800.00 291,000.00 154,500.00 155,800.00 -535,200.00 676,400.00 468,100.00 241,800.00
Income Tax 58,600.00 41,900.00 20,200.00 -53,600.00 68,400.00 40,300.00 34,300.00 -108,700.00 131,600.00 90,300.00 51,400.00
Net Income Including Non-Controlling Interests 0 0 0 321,100.00 0 0 0 686,500.00 0 0 0
Net Income Non-Controlling Interests 0 0 0 0.00 0 0 0 -24,200.00 0 0 0
Net Income 211,100.00 153,300.00 60,400.00 -137,200.00 222,600.00 114,200.00 121,500.00 -450,700.00 544,800.00 377,800.00 190,400.00
EBIT 443,600.00 320,400.00 144,900.00 -346,300.00 510,500.00 301,600.00 229,500.00 -658,900.00 872,400.00 596,800.00 306,600.00
Deprecation and Amortization 304,600.00 202,200.00 99,600.00 -204,200.00 301,700.00 203,700.00 101,100.00 -218,000.00 304,800.00 204,200.00 114,500.00
EBITDA 748,200.00 522,600.00 244,500.00 -550,500.00 812,200.00 505,300.00 330,600.00 -876,900.00 1,177,200.00 801,000.00 421,100.00
EPS 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
Average Shares Outstanding Basic 679,300.00 678,700.00 678,100.00 677,300.00 675,400.00 675,000.00 674,700.00 723,300.00 643,000.00 627,200.00 610,100.00
Average Shares Outstanding Diluted 682,100.00 681,900.00 681,400.00 679,500.00 678,100.00 677,900.00 678,100.00 675,100.00 680,400.00 680,800.00 681,300.00
Breakdown 2024-09-30 2024-06-30 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
Operating Cash Flow 667,500.00 422,700.00 141,600.00 -355,600.00 618,400.00 387,700.00 219,500.00 -326,300.00 638,000.00 379,700.00 152,200.00
   Operating Net Income 211,100.00 153,300.00 60,400.00 -137,200.00 222,600.00 114,200.00 121,500.00 -426,500.00 544,800.00 377,800.00 190,400.00
   Deprecation and Amortization 304,600.00 202,200.00 99,600.00 -204,200.00 301,700.00 203,700.00 101,100.00 -218,000.00 304,800.00 204,200.00 114,500.00
   Deferred Income Tax -75,300.00 -52,700.00 -17,900.00 12,800.00 -94,100.00 -64,700.00 -26,400.00 54,500.00 -61,800.00 -39,500.00 -22,300.00
   Share Based Compensation 35,700.00 23,800.00 12,700.00 -25,800.00 31,700.00 21,900.00 12,700.00 -24,400.00 35,800.00 23,700.00 10,700.00
   Change in Working Capital -50,300.00 53,400.00 -54,100.00 -107,600.00 -131,800.00 -46,900.00 -8,900.00 -683,600.00 365,000.00 378,200.00 293,100.00
   Other Operating Activities 241,700.00 42,700.00 40,900.00 106,400.00 288,300.00 159,500.00 19,500.00 971,700.00 -550,600.00 -564,700.00 -434,200.00
Investing Cash Flow -119,600.00 -79,100.00 -34,200.00 34,000.00 -93,700.00 -56,700.00 -27,300.00 87,000.00 -76,500.00 -80,600.00 -39,500.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 121,300.00 80,500.00 34,700.00 -35,500.00 95,800.00 58,100.00 28,000.00 -51,700.00 99,800.00 60,800.00 24,500.00
   Net Purchase/Sale of Investments Net -1,700.00 -1,400.00 -500.00 1,500.00 -2,100.00 -1,400.00 -700.00 200.00 -1,000.00 -400.00 -300.00
   Net Purchase/Sale of Business 0 0 0 0 0 0 0 -35,500.00 20,200.00 20,200.00 15,300.00
   Other Investing Activities -239,200.00 -158,200.00 -68,400.00 68,000.00 -187,400.00 -113,400.00 -54,600.00 174,000.00 -195,500.00 -161,200.00 -79,000.00
Financing Cash Flow -525,900.00 -327,300.00 -130,200.00 562,100.00 -659,600.00 -471,200.00 -275,000.00 393,300.00 -567,100.00 -347,700.00 -127,200.00
   Net Issuance/Repayment of Debt 585,000.00 395,300.00 251,500.00 -541,700.00 657,900.00 460,300.00 269,500.00 -599,600.00 1,028,000.00 733,900.00 111,900.00
   Net Issuance/Repurchase of Equity 67,300.00 50,800.00 45,500.00 -3,100.00 14,100.00 4,700.00 2,600.00 -16,400.00 16,400.00 11,600.00 5,700.00
   Dividends Paid 0 0 0 0 0 0 0 -48,500.00 32,400.00 32,400.00 16,100.00
   Other Financing Activities -1,178,200.00 -773,400.00 -427,200.00 1,106,900.00 -1,331,600.00 -936,200.00 -547,100.00 1,057,800.00 -1,643,900.00 -1,125,600.00 -260,900.00
Net Change in Cash 22,600.00 9,000.00 -28,500.00 241,100.00 -136,200.00 -136,100.00 -78,000.00 193,900.00 -39,300.00 -66,100.00 -18,700.00
   Cash at Beginning of Period 287,700.00 287,700.00 287,700.00 46,600.00 396,900.00 396,900.00 396,900.00 203,000.00 327,100.00 327,100.00 327,100.00
   Cash at End of Period 310,300.00 296,700.00 259,200.00 287,700.00 260,700.00 260,800.00 318,900.00 396,900.00 287,800.00 261,000.00 308,400.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0