Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Price to Earnings -17.84 -31.19 142.78 -4.89
Price to Sales
Book Value Per Common Share 43.41 42.60 42.02 45.16
Price to Book 0.23 0.23 0.31 0.32
Price to Operating Cash Flow 61.58 -16.70 184.10 -11.55
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 2023-09-30 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
Price to Earnings -27.55 -41.61 -70.77 -23.84 -37.79 -72.00 -46.50 -77.77 -190.40 159.29 599.50 677.50 -20.28
Price to Sales
Book Value Per Common Share 29.47 28.90 28.81 43.41 28.71 28.52 28.35 42.60 27.45 27.85 27.32 42.02 27.25 28.25 29.10 45.16 31.41 4098.53 4104.70
Price to Book 0.31 0.33 0.32 0.23 0.36 0.32 0.33 0.23 0.30 0.36 0.35 0.31 0.41 0.42 0.47 0.32 0.44
Price to Operating Cash Flow -88.60 -107.89 -49.49 39.88 21.44 -42.60 -41.37 -42.88 -54.62 199.82 -129.34 -974.82 -82.57
Price to Free Cash Flow
Enterprise Value to EBITDA

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Earning YoY
Revenue YoY
EBITDA YoY
Net Profit YoY 134.89
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 2023-09-30 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
Earning YoY 250.00 0.00
Revenue YoY
EBITDA YoY
Net Profit YoY 323.08 65.25 209.27 7.23 -2.12

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Cash Per Common Share 3.90 4.49 5.34 25.29
Quick Ratio
Current Ratio
Debt to Equity 2.60 2.38 2.10 1.73
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 2023-09-30 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
Cash Per Common Share 2.22 2.08 2.27 3.72 3.51 2.75 2.43 4.38 2.16 1.90 2.27 5.07 2.18 2.08 3.86 10.79 14.75 9250.91 2921.34
Quick Ratio
Current Ratio
Debt to Equity 5.86 5.62 5.40 2.60 5.06 4.92 4.79 2.38 4.74 4.68 4.45 2.10 4.06 3.76 3.61 1.73 3.52 11.58 8.56
Long-Term Debt to Equity

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
ROA -0.26 0.23 0.10 -0.05
ROE -0.94 0.79 0.30 -0.13
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 2023-09-30 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
ROA -0.17 -0.11 -0.05 -0.24 -0.16 0.08 0.19 0.11 -0.05 0.09 0.03 0.03 -0.04 -0.02 -0.01
ROE -1.18 -0.73 -0.35 -1.44 -0.95 0.47 1.08 0.64 -0.26 0.46 0.14 0.13 -0.19 -0.28 -0.14
Gross Margin
Operating Margin
EBITDA Margin
Net Profit Margin

Dividends

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

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Assets 2,393,488.00 2,401,409.00 2,438,523.00 2,344,038.00
   Deposits 1,343,320.00 1,244,904.00 1,288,862.00 1,247,040.00
      Cash and Short-Term Investments 83,799.00 107,383.00 139,676.00 307,777.00
            Cash and Cash Equivalents 83,799.00 107,383.00 139,676.00 307,777.00
            Short-Term Investments 0 0 0 0
      Net Receivables 8,014.00 7,595.00 6,893.00 5,372.00
      Inventory 0 0 0 0
      Other Current Assets 0 0 0 0
      Property, Plant, Equipment Net 52,956.00 57,647.00 55,731.00 53,583.00
      Real Estate 0 593.00 0 0
      Goodwill 0 0 0 0
      Intangible Assets 0 0 0 0
      Long-Term Investments 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0
      Other Non-Current Assets 0 0 0 0
Liabilities 1,729,092.00 1,690,129.00 1,651,087.00 1,485,096.00
      Payables and Expenses 0 0 0 0
            Account Payables 0 0 0 0
            Current Accrued Liabilities 0 0 0 0
      Short-Term Debt 0 0 0 0
      Other Current Liabilities 0 0 0 0
      Long-Term Debt 0 0 0 0
      Other Non-Current Liabilities 0 0 0 0
Equity 664,396.00 711,280.00 787,436.00 858,942.00
   Shareholders Equity 977,640.00 1,044,040.00 1,156,435.00 1,288,041.00
      Capital Stock 285.00 285.00 285.00 285.00
      Share Premium 277,304.00 273,991.00 279,454.00 282,006.00
      Retained Earnings 152,429.00 164,340.00 171,763.00 169,457.00
      Treasury Shares 59,699.00 40,016.00 12,072.00 0
      Accumulated Other Comprehensive Income -18,954.00 -22,880.00 -24,719.00 -372.00
   Minority Interest 0 0 0 0
Investments 18,017.00 20,455.00 1,998,239.00 1,379,161.00
Debt 25,168.00 26,777.00 27,324.00 26,696.00
Common Shares Outstanding 22,522.63 24,509.95 27,523.22 28,522.50
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Cost Of Revenue 0 0 2,002.00 5,036.00
Interest Income 85,451.00 79,105.00 62,413.00 56,053.00
Interest Expense 47,901.00 37,186.00 10,570.00 13,104.00
Net Interest 68,745.00 47,391.00 52,199.00 41,522.00
Non-Interest Income 1,794.00 1,805.00 2,664.00 2,479.00
Non-Interest Expense 52,605.00 51,562.00 52,774.00 74,670.00
Provisions for Credit Losses 0 0 -2,002.00 -5,036.00
   Selling, General and Administrative Expenses 32,247.00 17,844.00 18,557.00 21,780.00
EBT 0 0 0 0
Income Tax 0.00 183.00 297.00 9,080.00
Net Income -6,227.00 5,628.00 2,396.00 -1,159.00
Deprecation and Amortization 2,569.00 2,424.00 2,252.00 347.00
EPS -0.00 -0.00 0.00 -0.00
Diluted EPS -0.00 -0.00 0.00 -0.00
Average Shares Outstanding Basic 21,477.43 23,925.72 26,165.84 12,171.05
Average Shares Outstanding Diluted 21,477.43 23,925.72 26,270.86 12,171.05
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow 3,421.00 -13,853.00 1,826.00 -15,420.00
   Operating Net Income -53,871.00 -16,563.00 7,330.00 -110,185.00
   Deprecation and Amortization 2,569.00 2,424.00 2,252.00 347.00
   Deferred Income Tax 0 0 0 8,733.00
   Share Based Compensation 0 0 1,816.00 0
   Change in Working Capital -12,916.00 357.00 2,170.00 4,578.00
   Other Operating Activities 67,639.00 -71.00 -11,742.00 81,107.00
Investing Cash Flow -29,500.00 10,906.00 -305,771.00 -263,652.00
   Capital Expenditure 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 140.00 5,609.00 5,364.00 11,902.00
   Net Purchase/Sale of Investments Net 89,408.00 27,228.00 95,598.00 209,536.00
   Net Purchase/Sale of Business 0 0 0 0
   Net Loan & Lease Activity -6,910.00 8,854.00 152,847.00 -86,975.00
   Other Investing Activities -112,138.00 -30,785.00 -559,580.00 -398,115.00
Financing Cash Flow 2,495.00 -29,346.00 135,844.00 270,075.00
   Net Issuance/Repayment of Debt 2,070,000.00 4,497,000.00 2,721,000.00 1,311,100.00
   Net Issuance/Repurchase of Equity 19,423.00 72,015.00 15,349.00 524,378.00
   Dividends Paid 0 0 0 0
   Other Financing Activities -2,086,928.00 -4,598,361.00 -2,600,505.00 -1,565,403.00
Net Change in Cash -23,584.00 -32,293.00 -168,101.00 -8,997.00
   Cash at Beginning of Period 66,086.00 78,318.00 209,283.00 202,443.00
   Cash at End of Period 42,502.00 46,025.00 41,182.00 193,446.00
Free Cash Flow 0 0 0 0
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 2023-09-30 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
Assets 2,155,792.00 2,127,504.00 2,092,206.00 2,393,488.00 2,055,093.00 2,045,452.00 2,027,787.00 2,401,409.00 2,060,576.00 2,080,514.00 2,101,055.00 2,438,523.00 2,011,918.00 1,964,050.00 1,938,155.00 2,344,038.00 2,024,333.00 2,576,851.00 1,963,614.00
   Deposits 1,493,380.00 1,416,321.00 1,387,241.00 1,343,320.00 1,318,670.00 1,311,156.00 1,291,184.00 1,244,904.00 1,253,104.00 1,267,261.00 1,244,581.00 1,288,862.00 1,266,497.00 1,296,674.00 1,283,022.00 1,247,040.00 1,265,617.00 2,008,068.00 1,385,829.00
      Cash and Short-Term Investments 44,086.00 41,877.00 46,220.00 83,799.00 76,109.00 60,262.00 53,753.00 107,383.00 52,407.00 45,759.00 57,621.00 139,676.00 57,324.00 54,806.00 101,562.00 307,777.00 324,291.00 925,091.00 292,134.00
            Cash and Cash Equivalents 44,086.00 41,877.00 46,220.00 83,799.00 76,109.00 60,262.00 53,753.00 107,383.00 52,407.00 45,759.00 57,621.00 139,676.00 57,324.00 54,806.00 101,562.00 307,777.00 324,291.00 925,091.00 292,134.00
            Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Net Receivables 9,237.00 8,817.00 8,746.00 8,014.00 8,386.00 7,882.00 8,001.00 7,595.00 10,222.00 9,782.00 9,927.00 6,893.00 6,431.00 5,945.00 5,780.00 5,372.00 5,706.00 5,507.00 5,933.00
      Inventory 0 0 0 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 0 0 0
      Property, Plant, Equipment Net 48,945.00 50,288.00 51,583.00 52,956.00 54,351.00 55,454.00 56,150.00 57,647.00 57,916.00 58,113.00 57,159.00 55,731.00 55,529.00 54,847.00 52,941.00 53,583.00 52,749.00 50,576.00 46,684.00
      Real Estate 0 0 0 0 0 0 593.00 593.00 593.00 0 0 0 0 0 0 0 624.00 624.00 624.00
      Goodwill 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Intangible Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Long-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Non-Current Deferred Assets 0 0 0 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 0 0 0
Liabilities 1,841,395.00 1,806,204.00 1,765,543.00 1,729,092.00 1,715,794.00 1,699,855.00 1,677,631.00 1,690,129.00 1,701,427.00 1,713,980.00 1,715,362.00 1,651,087.00 1,614,580.00 1,551,757.00 1,517,941.00 1,485,096.00 1,576,098.00 2,371,939.00 1,758,162.00
      Payables and Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
            Account Payables 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
            Current Accrued Liabilities 0 0 0 0 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 0 0 0 0 0
      Other Current Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Long-Term Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Non-Current Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Equity 314,397.00 321,300.00 326,663.00 664,396.00 339,299.00 345,597.00 350,156.00 711,280.00 359,149.00 366,534.00 385,693.00 787,436.00 397,338.00 412,293.00 420,214.00 858,942.00 448,235.00 204,912.00 205,452.00
   Shareholders Equity 611,925.00 624,055.00 635,254.00 977,640.00 659,966.00 670,311.00 679,137.00 1,044,040.00 691,146.00 709,943.00 748,260.00 1,156,435.00 767,122.00 805,839.00 829,924.00 1,288,041.00 895,958.00 409,853.00 410,470.00
      Capital Stock 285.00 285.00 285.00 285.00 285.00 285.00 285.00 285.00 285.00 285.00 285.00 285.00 285.00 285.00 285.00 285.00 285.00 10.00 10.00
      Share Premium 279,902.00 279,224.00 277,895.00 277,304.00 276,621.00 275,890.00 274,327.00 273,991.00 273,194.00 272,267.00 271,507.00 279,454.00 278,861.00 282,154.00 282,100.00 282,006.00 281,786.00 822.00 822.00
      Retained Earnings 145,912.00 147,780.00 149,737.00 152,429.00 155,116.00 159,157.00 161,501.00 164,340.00 167,271.00 168,703.00 170,528.00 171,763.00 171,201.00 170,050.00 170,010.00 169,457.00 189,081.00 204,051.00 205,054.00
      Treasury Shares 76,350.00 68,733.00 64,243.00 59,699.00 54,696.00 49,229.00 44,930.00 40,016.00 34,141.00 31,060.00 12,737.00 12,072.00 4,235.00 0 0 0 0 0 0
      Accumulated Other Comprehensive Income -16,869.00 -18,545.00 -18,072.00 -18,954.00 -18,632.00 -20,883.00 -21,175.00 -22,880.00 -27,152.00 -23,125.00 -23,126.00 -24,719.00 -27,554.00 -18,747.00 -10,504.00 -372.00 -512.00 29.00 -434.00
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 16,309.00 18,112.00 17,605.00 18,017.00 18,203.00 17,942.00 17,908.00 20,455.00 20,515.00 20,420.00 21,070.00 1,998,239.00 2,031,194.00 2,210,951.00 2,351,534.00 1,379,161.00 1,339,357.00 1,202,968.00 1,135,492.00
Debt 23,147.00 23,820.00 24,490.00 25,168.00 25,870.00 26,243.00 26,081.00 26,777.00 27,466.00 28,130.00 27,799.00 27,324.00 26,875.00 25,461.00 26,083.00 26,696.00 27,293.00 26,765.00 25,052.00
Common Shares Outstanding 20,761.22 21,591.76 22,047.65 22,522.63 22,990.91 23,505.36 23,958.89 24,509.95 25,174.41 25,493.42 27,385.48 27,523.22 28,155.29 28,522.50 28,522.50 28,522.50 28,522.50 100.00 100.00
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 2023-09-30 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
Cost Of Revenue 0 0 0 0 0 0 0 0 597.00 120.00 23.00 -2,172.00 1,554.00 716.00 1,904.00 -2,700.00 3,398.00 2,722.00 1,616.00
Interest Income 70,282.00 46,151.00 22,713.00 -41,191.00 63,666.00 42,134.00 20,842.00 -37,094.00 58,770.00 38,597.00 18,832.00 -24,497.00 44,844.00 28,472.00 13,594.00 -27,451.00 41,818.00 27,744.00 13,942.00
Interest Expense 35,707.00 23,767.00 11,969.00 -22,257.00 35,589.00 23,144.00 11,425.00 -11,502.00 26,047.00 15,750.00 6,891.00 -384.00 5,928.00 3,371.00 1,655.00 -10,680.00 11,205.00 8,236.00 4,343.00
Net Interest 65,446.00 42,426.00 20,347.00 22,054.00 23,195.00 15,728.00 7,768.00 -27,359.00 36,608.00 25,197.00 12,945.00 -22,697.00 38,646.00 24,633.00 11,617.00 -16,111.00 29,554.00 18,818.00 9,261.00
Non-Interest Income 1,215.00 799.00 394.00 -1,018.00 1,374.00 987.00 451.00 -776.00 1,233.00 864.00 484.00 -1,904.00 2,220.00 1,421.00 927.00 -1,249.00 1,775.00 1,287.00 666.00
Non-Interest Expense 41,054.00 27,168.00 13,629.00 -26,818.00 39,724.00 26,457.00 13,242.00 -27,739.00 39,019.00 26,625.00 13,657.00 -26,581.00 39,904.00 26,235.00 13,216.00 -19,161.00 57,290.00 24,172.00 12,369.00
Provisions for Credit Losses 0 0 0 0 0 0 0 0 -597.00 120.00 -23.00 2,172.00 -1,554.00 -716.00 -1,904.00 2,700.00 -3,398.00 -2,722.00 -1,616.00
   Selling, General and Administrative Expenses 24,817.00 16,526.00 8,346.00 6,018.00 13,195.00 8,653.00 4,381.00 -9,369.00 13,443.00 9,135.00 4,635.00 -10,831.00 14,418.00 9,801.00 5,169.00 -10,084.00 15,695.00 10,582.00 5,587.00
EBT 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Income Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 183.00 0.00 0.00 0.00 21.00 175.00 52.00 49.00 1,102.00 6,826.00 491.00 661.00
Net Income -3,718.00 -2,352.00 -1,146.00 278.00 -4,889.00 -3,266.00 1,650.00 390.00 3,890.00 2,354.00 -1,006.00 -584.00 1,834.00 593.00 553.00 565.00 -873.00 -571.00 -280.00
Deprecation and Amortization 2,409.00 1,565.00 681.00 -1,105.00 1,864.00 1,258.00 552.00 -1,055.00 1,741.00 1,182.00 556.00 -797.00 1,605.00 979.00 465.00 -3,221.00 528.00 2,605.00 435.00
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 0.00 0.00 0.00 0.00 -0.00 0 0
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 0.00 0.00 0.00 0.00 -0.00 0 0
Average Shares Outstanding Basic 19,889.50 20,122.62 20,404.94 20,203.75 21,695.90 21,914.81 22,095.26 21,907.63 24,289.60 24,131.02 25,374.65 25,686.10 26,278.78 26,354.98 26,343.51 26,704.34 21,979.86 0 0
Average Shares Outstanding Diluted 19,889.50 20,122.62 20,404.94 20,203.75 21,695.90 21,914.81 22,095.26 21,907.63 24,289.60 24,131.02 25,374.65 26,066.70 26,318.27 26,354.98 26,343.51 26,704.34 21,979.86 0 0
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 2023-09-30 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
Operating Cash Flow -2,040.00 -1,785.00 -3,793.00 -6,569.00 5,575.00 9,270.00 -4,855.00 1,171.00 -4,913.00 -5,689.00 -4,422.00 3,169.00 1,467.00 -2,444.00 -366.00 -9,955.00 -3,671.00 -3,564.00 1,770.00
   Operating Net Income -23,269.00 -16,299.00 -9,222.00 -12,874.00 -23,337.00 -13,632.00 -4,028.00 -4,383.00 -5,042.00 -3,714.00 -3,424.00 2,452.00 2,255.00 1,147.00 1,476.00 -88,505.00 -17,591.00 -2,319.00 -1,770.00
   Deprecation and Amortization 2,409.00 1,565.00 681.00 -1,105.00 1,864.00 1,258.00 552.00 -1,055.00 1,741.00 1,182.00 556.00 -797.00 1,605.00 979.00 465.00 -3,221.00 528.00 2,605.00 435.00
   Deferred Income Tax 0 0 0 0 0 0 0 0 0 0 0 0 175.00 52.00 49.00 16,137.00 -7,404.00 0 0
   Share Based Compensation 0 0 0 0 0 0 0 0 0 0 0 1,816.00 0 0 0 0 0 0 0
   Change in Working Capital -1,011.00 -1,049.00 -1,687.00 11,465.00 -11,236.00 -12,914.00 -231.00 17,454.00 -7,637.00 -4,898.00 -4,562.00 252.00 900.00 2,719.00 -1,701.00 1,891.00 2,995.00 -968.00 660.00
   Other Operating Activities 19,831.00 13,998.00 6,435.00 -4,055.00 38,284.00 34,558.00 -1,148.00 -10,845.00 6,025.00 1,741.00 3,008.00 -278.00 -3,468.00 -7,341.00 -655.00 63,743.00 17,801.00 -2,882.00 2,445.00
Investing Cash Flow -92,289.00 -67,427.00 -26,583.00 -70,565.00 13,122.00 1,648.00 26,295.00 88,822.00 -9,939.00 -30,048.00 -37,929.00 289,235.00 -260,874.00 -206,374.00 -127,758.00 -121,574.00 -66,220.00 -25,249.00 -50,609.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 0 0 0 131.00 0 0 9.00 -3,528.00 4,367.00 3,093.00 1,677.00 -3,951.00 4,841.00 3,838.00 636.00 -8,623.00 9,695.00 7,312.00 3,518.00
   Net Purchase/Sale of Investments Net 97,730.00 87,351.00 4,049.00 545.00 44,560.00 44,303.00 0 24,708.00 2,520.00 0 0 -170,435.00 90,197.00 89,197.00 86,639.00 -125,473.00 173,289.00 100,182.00 61,538.00
   Net Purchase/Sale of Business 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Net Loan & Lease Activity -6,910.00 8,854.00 152,847.00 -86,975.00
   Other Investing Activities -162,552.00 -139,206.00 -31,423.00 -109,760.00 -5,848.00 -29,320.00 32,790.00 141,519.00 -36,043.00 -62,660.00 -73,601.00 508,257.00 -475,968.00 -368,120.00 -223,749.00 54,587.00 -219,857.00 -103,490.00 -129,355.00
Financing Cash Flow 95,913.00 68,587.00 34,094.00 1,501.00 11,387.00 3,319.00 -13,712.00 -154,527.00 26,077.00 40,314.00 58,790.00 -93,859.00 123,285.00 70,178.00 36,240.00 -469,649.00 77,737.00 637,459.00 24,528.00
   Net Issuance/Repayment of Debt 3,096,500.00 2,372,500.00 1,285,500.00 -1,477,000.00 1,613,000.00 1,171,000.00 763,000.00 -3,300,000.00 3,604,000.00 2,905,000.00 1,288,000.00 914,000.00 1,182,000.00 516,000.00 109,000.00 -742,500.00 1,031,000.00 652,000.00 370,600.00
   Net Issuance/Repurchase of Equity 16,271.00 8,637.00 4,714.00 -9,246.00 14,359.00 8,879.00 5,431.00 4,570.00 30,478.00 27,645.00 9,322.00 7,833.00 7,516.00 0 0 273,598.00 250,780.00 0 0
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities -3,016,858.00 -2,312,550.00 -1,256,120.00 1,487,747.00 -1,615,972.00 -1,176,560.00 -782,143.00 3,140,903.00 -3,608,401.00 -2,892,331.00 -1,238,532.00 -1,015,692.00 -1,066,231.00 -445,822.00 -72,760.00 -747.00 -1,204,043.00 -14,541.00 -346,072.00
Net Change in Cash 1,584.00 -625.00 3,718.00 -75,633.00 30,084.00 14,237.00 7,728.00 -64,534.00 11,225.00 4,577.00 16,439.00 198,545.00 -136,122.00 -138,640.00 -91,884.00 -601,178.00 7,846.00 608,646.00 -24,311.00
   Cash at Beginning of Period 42,502.00 42,502.00 42,502.00 118,135.00 46,025.00 46,025.00 46,025.00 110,559.00 41,182.00 41,182.00 41,182.00 -157,363.00 193,446.00 193,446.00 193,446.00 794,624.00 316,445.00 316,445.00 316,445.00
   Cash at End of Period 44,086.00 41,877.00 46,220.00 42,502.00 76,109.00 60,262.00 53,753.00 46,025.00 52,407.00 45,759.00 57,621.00 41,182.00 57,324.00 54,806.00 101,562.00 193,446.00 324,291.00 925,091.00 292,134.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0