C
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Price to Earnings | 11.67 | 12.64 | 6.42 | 5.91 | 13.46 |
| Price to Sales | 1.65 | 1.27 | 1.17 | 1.71 | 1.73 |
| Book Value Per Common Share | 109.71 | 106.45 | 103.35 | 99.35 | 95.62 |
| Price to Book | 0.64 | 0.48 | 0.44 | 0.61 | 0.64 |
| Price to Operating Cash Flow | -7.81 | -1.76 | 3.51 | 2.00 | -3.12 |
| Price to Free Cash Flow | |||||
| Enterprise Value to EBITDA | 10307.79 | 9085.02 | 10198.58 | 31172.73 | 40081.05 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price to Earnings | 17.29 | 21.39 | 35.50 | 13.40 | 20.21 | 39.77 | 7.92 | 13.01 | 21.22 | 7.10 | 10.87 | 26.31 | 8.07 | 10.85 | 19.99 |
| Price to Sales | 2.88 | 3.67 | 6.18 | 1.94 | 2.94 | 5.72 | 1.31 | 2.19 | 4.25 | 1.42 | 2.32 | 5.49 | 2.67 | 3.98 | 7.84 |
| Book Value Per Common Share | 119.06 | 115.83 | 113.73 | 110.55 | 109.19 | 108.30 | 109.47 | 108.39 | 107.00 | 102.52 | 102.76 | 101.81 | 101.23 | 99.74 | 97.99 |
| Price to Book | 0.85 | 0.73 | 0.62 | 0.57 | 0.58 | 0.58 | 0.38 | 0.42 | 0.44 | 0.41 | 0.45 | 0.52 | 0.69 | 0.71 | 0.74 |
| Price to Operating Cash Flow | -2.00 | -1.67 | -2.27 | -2.68 | -4.36 | -11.15 | -1.16 | -1.06 | -1.49 | -9.74 | -13.76 | -3.89 | 2.43 | 6.21 | 6.53 |
| Price to Free Cash Flow | |||||||||||||||
| Enterprise Value to EBITDA | 20108.42 | 26600.90 | 47891.76 | 12673.91 | 19550.52 | 38188.53 | 7953.03 | 13744.29 | 25592.72 | 12746.20 | 21345.59 | 54332.69 | 41724.72 | 59188.48 | 110276.45 |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Earning YoY | 48.16 | -42.19 | -31.05 | 122.93 | |
| Revenue YoY | 3.41 | 4.15 | 4.81 | -3.25 | |
| EBITDA YoY | 18.77 | 26.63 | 119.27 | 22.75 | |
| Net Profit YoY | 37.43 | -40.12 | -29.80 | 98.71 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earning YoY | 47.49 | 99.00 | 48.73 | 97.48 | 46.61 | 60.18 | 38.77 | 108.37 | 33.44 | 79.12 | |||||
| Revenue YoY | 51.06 | 100.33 | 49.26 | 95.43 | 49.26 | 90.62 | 47.67 | 102.36 | 46.61 | 90.41 | |||||
| EBITDA YoY | 53.30 | 112.75 | 50.86 | 96.05 | 53.46 | 80.87 | 51.75 | 118.65 | 37.75 | 77.67 | |||||
| Net Profit YoY | 46.42 | 98.89 | 49.15 | 95.43 | 47.15 | 61.71 | 42.75 | 105.60 | 32.85 | 77.98 |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Cash Per Common Share | 145.78 | 135.62 | 351.88 | 258.42 | 297.52 |
| Quick Ratio | |||||
| Current Ratio | |||||
| Debt to Equity | 0.36 | 0.36 | 0.30 | 0.29 | 0.44 |
| Long-Term Debt to Equity |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash Per Common Share | 29.38 | 28.79 | 26.48 | 26.67 | 28.00 | 27.05 | 26.19 | 26.29 | 27.47 | 307.76 | 290.91 | 276.54 | 316.56 | 289.68 | 312.35 |
| Quick Ratio | |||||||||||||||
| Current Ratio | |||||||||||||||
| Debt to Equity | 0.58 | 0.58 | 0.57 | 0.57 | 0.56 | 0.58 | 0.57 | 0.58 | 0.43 | 0.44 | 0.44 | 0.44 | 0.44 | 0.44 | 0.44 |
| Long-Term Debt to Equity |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| ROA | 0.15 | 0.11 | 0.16 | 0.24 | 0.16 |
| ROE | 0.21 | 0.15 | 0.21 | 0.31 | 0.23 |
| Gross Margin | 99.89 | 99.89 | 93.58 | 95.84 | 31.32 |
| Operating Margin | 154.88 | 133.67 | 109.06 | 49.32 | 37.92 |
| EBITDA Margin | 160.20 | 139.48 | 114.71 | 54.83 | 43.22 |
| Net Profit Margin | 15.63 | 11.76 | 20.46 | 30.54 | 14.87 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROA | 0.18 | 0.12 | 0.06 | 0.16 | 0.11 | 0.05 | 0.19 | 0.12 | 0.06 | 0.17 | 0.12 | 0.06 | 0.26 | 0.20 | 0.11 |
| ROE | 0.28 | 0.19 | 0.10 | 0.25 | 0.17 | 0.09 | 0.29 | 0.19 | 0.09 | 0.25 | 0.18 | 0.08 | 0.38 | 0.29 | 0.16 |
| Gross Margin | 99.90 | 99.89 | 99.91 | 99.88 | 99.89 | 99.87 | 99.90 | 99.91 | 99.89 | 94.69 | 95.64 | 98.50 | 94.99 | 93.10 | 92.62 |
| Operating Margin | 133.28 | 131.30 | 123.44 | 146.55 | 144.92 | 144.55 | 156.87 | 152.47 | 161.31 | 104.99 | 102.15 | 94.23 | 56.35 | 60.57 | 65.59 |
| EBITDA Margin | 138.29 | 136.26 | 128.31 | 151.89 | 150.28 | 149.81 | 162.42 | 157.97 | 166.49 | 110.50 | 107.53 | 99.52 | 61.87 | 65.85 | 70.57 |
| Net Profit Margin | 18.11 | 18.68 | 18.82 | 15.96 | 15.97 | 15.97 | 18.14 | 18.40 | 21.69 | 22.04 | 22.80 | 22.44 | 34.80 | 38.41 | 41.09 |
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 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 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 | 2020-12-31 |
|---|---|---|---|---|---|
| Assets | 8,210,276,000.00 | 8,433,700,000.00 | 9,626,352,000.00 | 9,269,863,000.00 | 6,882,439,000.00 |
| Deposits | 5,127,158,000.00 | 5,226,681,000.00 | 6,786,808,000.00 | 7,901,356,000.00 | 7,680,271,000.00 |
| Cash and Short-Term Investments | 277,189,000.00 | 261,753,000.00 | 685,006,000.00 | 525,358,000.00 | 620,577,000.00 |
| Cash and Cash Equivalents | 276,611,000.00 | 260,987,000.00 | 684,111,000.00 | 524,326,000.00 | 619,511,000.00 |
| Short-Term Investments | 578,000.00 | 766,000.00 | 895,000.00 | 1,032,000.00 | 1,066,000.00 |
| Net Receivables | 694,488,000.00 | 689,362,000.00 | 9,622,200,000.00 | 8,891,767,000.00 | 7,380,876,000.00 |
| Inventory | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 |
| Property, Plant, Equipment Net | 33,028,000.00 | 31,548,000.00 | 29,145,000.00 | 2,900,000.00 | 2,800,000.00 |
| Goodwill | 19,300,000.00 | 20,098,000.00 | 19,691,000.00 | 21,299,000.00 | 22,162,000.00 |
| Intangible Assets | 4,494,000.00 | 4,421,000.00 | 4,428,000.00 | 4,495,000.00 | 4,747,000.00 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 0 |
| Liabilities | 2,163,398,000.00 | 2,224,645,000.00 | 2,235,591,000.00 | 2,110,390,000.00 | 2,090,036,000.00 |
| 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 | 104,027,000.00 | 74,175,000.00 | 110,221,000.00 | 71,680,000.00 | 72,989,000.00 |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 |
| Equity | 6,046,878,000.00 | 6,209,055,000.00 | 7,390,761,000.00 | 7,159,473,000.00 | 4,792,403,000.00 |
| Shareholders Equity | 208,598,000.00 | 205,453,000.00 | 201,189,000.00 | 201,972,000.00 | 199,442,000.00 |
| Capital Stock | 35,731,000.00 | 35,231,000.00 | 38,021,000.00 | 38,021,000.00 | 38,991,000.00 |
| Share Premium | 109,117,000.00 | 108,955,000.00 | 108,458,000.00 | 108,003,000.00 | 107,846,000.00 |
| Retained Earnings | 206,294,000.00 | 198,905,000.00 | 194,734,000.00 | 184,948,000.00 | 168,272,000.00 |
| Treasury Shares | 76,842,000.00 | 75,238,000.00 | 73,967,000.00 | 71,240,000.00 | 64,129,000.00 |
| Accumulated Other Comprehensive Income | -47,852,000.00 | -44,800,000.00 | -47,062,000.00 | -38,765,000.00 | -32,058,000.00 |
| Minority Interest | 768,000.00 | 798,000.00 | 649,000.00 | 700,000.00 | 758,000.00 |
| Investments | 2,406,001,000.00 | 2,278,627,000.00 | 10,846,023,000.00 | 10,285,394,000.00 | 9,174,029,000.00 |
| Debt | 1,719,757,000.00 | 1,691,824,000.00 | 1,584,570,000.00 | 1,438,738,000.00 | 1,518,887,000.00 |
| Net Debt | 1,442,568,000.00 | 1,430,071,000.00 | 899,564,000.00 | 913,380,000.00 | 898,310,000.00 |
| Common Shares Outstanding | 0 | 0 | 0 | 0 | 0 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Revenues | 81,139,000.00 | 78,462,000.00 | 75,338,000.00 | 71,884,000.00 | 74,298,000.00 |
| Cost Of Revenue | 90,000.00 | 87,000.00 | 4,839,000.00 | 2,987,000.00 | 51,025,000.00 |
| Interest Income | 143,713,000.00 | 133,258,000.00 | 74,408,000.00 | 50,475,000.00 | 58,089,000.00 |
| Interest Expense | 96,298,000.00 | 84,697,000.00 | 25,740,000.00 | 7,981,000.00 | 14,541,000.00 |
| Net Interest | 107,515,000.00 | 106,642,000.00 | 142,277,000.00 | 85,169,000.00 | 90,489,000.00 |
| Non-Interest Income | 52,104,000.00 | 45,236,000.00 | 80,010,000.00 | 29,390,000.00 | 30,750,000.00 |
| Non-Interest Expense | 119,267,000.00 | 68,533,000.00 | 153,876,000.00 | 48,193,000.00 | 87,342,000.00 |
| Provisions for Credit Losses | 9,726,000.00 | 7,786,000.00 | 4,745,000.00 | -3,103,000.00 | 15,922,000.00 |
| Gross Profit | 81,049,000.00 | 78,375,000.00 | 70,499,000.00 | 68,897,000.00 | 23,273,000.00 |
| Selling, General and Administrative Expenses | 14,602,000.00 | 13,007,000.00 | 12,463,000.00 | 11,632,000.00 | 10,933,000.00 |
| EBT | 29,374,000.00 | 20,184,000.00 | 56,421,000.00 | 27,469,000.00 | 13,632,000.00 |
| Income Tax | 7,944,000.00 | 5,730,000.00 | 10,764,000.00 | 22,124,000.00 | 8,138,000.00 |
| Net Income Including Non-Controlling Interests | 12,531,000.00 | 9,075,000.00 | 15,322,000.00 | 21,879,000.00 | 11,007,000.00 |
| Net Income Non-Controlling Interests | 151,000.00 | 153,000.00 | 89,000.00 | 73,000.00 | 40,000.00 |
| Net Income | 12,682,000.00 | 9,228,000.00 | 15,411,000.00 | 21,952,000.00 | 11,047,000.00 |
| EBIT | 125,672,000.00 | 104,881,000.00 | 82,161,000.00 | 35,450,000.00 | 28,173,000.00 |
| Deprecation and Amortization | 4,311,000.00 | 4,560,000.00 | 4,262,000.00 | 3,964,000.00 | 3,937,000.00 |
| EBITDA | 129,983,000.00 | 109,441,000.00 | 86,423,000.00 | 39,414,000.00 | 32,110,000.00 |
| EPS | 0.01 | 0.00 | 0.01 | 0.01 | 0.00 |
| Diluted EPS | 0.01 | 0.00 | 0.01 | 0.01 | 0.00 |
| Average Shares Outstanding Basic | 1,901,400.00 | 1,930,100.00 | 1,946,700.00 | 2,033,000.00 | 2,085,800.00 |
| Average Shares Outstanding Diluted | 1,940,100.00 | 1,955,800.00 | 1,964,300.00 | 2,049,400.00 | 2,099,000.00 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Operating Cash Flow | -17,133,000.00 | -56,253,000.00 | 25,069,000.00 | 61,249,000.00 | -41,242,000.00 |
| Operating Net Income | 50,902,000.00 | 36,130,000.00 | 74,492,000.00 | 109,979,000.00 | 55,025,000.00 |
| Deprecation and Amortization | 4,311,000.00 | 4,560,000.00 | 4,262,000.00 | 3,964,000.00 | 3,937,000.00 |
| Deferred Income Tax | -1,896,000.00 | -2,416,000.00 | -1,141,000.00 | 1,413,000.00 | -2,333,000.00 |
| Share Based Compensation | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | 27,508,000.00 | 87,786,000.00 | 12,608,000.00 | -34,081,000.00 | 100,567,000.00 |
| Other Operating Activities | -97,958,000.00 | -182,313,000.00 | -65,152,000.00 | -20,026,000.00 | -198,438,000.00 |
| Investing Cash Flow | 84,963,000.00 | -11,909,000.00 | -158,910,000.00 | -249,810,000.00 | -190,624,000.00 |
| Capital Expenditure | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Purchase/Sale of PPE | 6,722,000.00 | 6,639,000.00 | 5,695,000.00 | 4,309,000.00 | 3,496,000.00 |
| Net Purchase/Sale of Investments Net | 566,553,000.00 | 490,838,000.00 | 989,709,000.00 | 1,255,787,000.00 | 1,210,712,000.00 |
| Net Purchase/Sale of Business | 0 | 0 | 5,741,000.00 | 0 | 0 |
| Net Loan & Lease Activity | 25,771,000.00 | 49,326,000.00 | 42,600,000.00 | 8,182,000.00 | -25,508,000.00 |
| Other Investing Activities | -514,083,000.00 | -558,712,000.00 | -1,202,655,000.00 | -1,518,088,000.00 | -1,379,324,000.00 |
| Financing Cash Flow | -38,550,000.00 | -13,030,000.00 | 137,763,000.00 | 17,272,000.00 | 233,595,000.00 |
| Net Issuance/Repayment of Debt | 168,680,000.00 | 206,441,000.00 | 184,151,000.00 | 132,210,000.00 | 206,232,000.00 |
| Net Issuance/Repurchase of Equity | 25,612,000.00 | 17,722,000.00 | 3,250,000.00 | 29,372,000.00 | 14,840,000.00 |
| Dividends Paid | 5,199,000.00 | 5,212,000.00 | 5,003,000.00 | 5,198,000.00 | 5,352,000.00 |
| Other Financing Activities | -238,041,000.00 | -242,405,000.00 | -54,641,000.00 | -149,508,000.00 | 7,171,000.00 |
| Net Change in Cash | 16,603,000.00 | -81,097,000.00 | 79,992,000.00 | -95,164,000.00 | 115,696,000.00 |
| Cash at Beginning of Period | 259,929,000.00 | 342,029,000.00 | 262,033,000.00 | 357,197,000.00 | 193,919,000.00 |
| Cash at End of Period | 276,532,000.00 | 260,932,000.00 | 342,025,000.00 | 262,033,000.00 | 309,615,000.00 |
| Free Cash Flow | 0 | 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 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | 6,700,908,000.00 | 6,649,116,000.00 | 6,572,377,000.00 | 8,210,276,000.00 | 6,173,578,000.00 | 6,138,536,000.00 | 6,140,631,000.00 | 8,433,700,000.00 | 5,980,845,000.00 | 6,099,404,000.00 | 7,481,523,000.00 | 9,626,352,000.00 | 7,250,754,000.00 | 7,249,742,000.00 | 7,288,266,000.00 | 9,269,863,000.00 | 7,185,621,000.00 | 7,085,122,000.00 | 7,042,888,000.00 | 6,882,439,000.00 |
| Deposits | 5,524,529,000.00 | 5,418,533,000.00 | 5,253,010,000.00 | 5,127,158,000.00 | 5,227,299,000.00 | 5,102,037,000.00 | 5,219,663,000.00 | 5,226,681,000.00 | 5,084,506,000.00 | 5,269,767,000.00 | 6,643,618,000.00 | 6,786,808,000.00 | 7,824,698,000.00 | 7,923,752,000.00 | 7,998,071,000.00 | 7,901,356,000.00 | 8,081,097,000.00 | 7,857,692,000.00 | 7,801,065,000.00 | 7,680,271,000.00 |
| Cash and Short-Term Investments | 54,411,000.00 | 53,760,000.00 | 49,753,000.00 | 277,189,000.00 | 50,835,000.00 | 53,446,000.00 | 51,671,000.00 | 261,753,000.00 | 50,722,000.00 | 51,083,000.00 | 53,393,000.00 | 685,006,000.00 | 600,127,000.00 | 569,200,000.00 | 545,252,000.00 | 525,358,000.00 | 648,728,000.00 | 599,426,000.00 | 650,304,000.00 | 620,577,000.00 |
| Cash and Cash Equivalents | 53,727,000.00 | 53,177,000.00 | 49,177,000.00 | 276,611,000.00 | 49,980,000.00 | 52,750,000.00 | 50,869,000.00 | 260,987,000.00 | 49,984,000.00 | 50,354,000.00 | 52,506,000.00 | 684,111,000.00 | 599,277,000.00 | 568,154,000.00 | 544,295,000.00 | 524,326,000.00 | 647,810,000.00 | 598,633,000.00 | 649,520,000.00 | 619,511,000.00 |
| Short-Term Investments | 684,000.00 | 583,000.00 | 576,000.00 | 578,000.00 | 855,000.00 | 696,000.00 | 802,000.00 | 766,000.00 | 738,000.00 | 729,000.00 | 887,000.00 | 895,000.00 | 850,000.00 | 1,046,000.00 | 957,000.00 | 1,032,000.00 | 918,000.00 | 793,000.00 | 784,000.00 | 1,066,000.00 |
| Net Receivables | 78,976,000.00 | 78,903,000.00 | 73,575,000.00 | 694,488,000.00 | 72,036,000.00 | 76,905,000.00 | 78,090,000.00 | 689,362,000.00 | 70,274,000.00 | 70,177,000.00 | 78,799,000.00 | 9,622,200,000.00 | 9,425,793,000.00 | 9,550,655,000.00 | 9,023,464,000.00 | 8,891,767,000.00 | 8,850,747,000.00 | 8,995,547,000.00 | 7,284,780,000.00 | 7,380,876,000.00 |
| Inventory | 0 | 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 | 0 |
| Property, Plant, Equipment Net | 35,867,000.00 | 35,367,000.00 | 33,619,000.00 | 33,028,000.00 | 32,918,000.00 | 32,184,000.00 | 32,015,000.00 | 31,548,000.00 | 30,746,000.00 | 30,645,000.00 | 29,974,000.00 | 29,145,000.00 | 2,932,000.00 | 2,800,000.00 | 2,900,000.00 | 2,900,000.00 | 2,800,000.00 | 2,800,000.00 | 2,900,000.00 | 2,800,000.00 |
| Goodwill | 19,126,000.00 | 19,878,000.00 | 19,422,000.00 | 19,300,000.00 | 19,691,000.00 | 19,704,000.00 | 20,042,000.00 | 20,098,000.00 | 19,829,000.00 | 19,998,000.00 | 19,882,000.00 | 19,691,000.00 | 40,152,000.00 | 40,694,000.00 | 19,865,000.00 | 21,299,000.00 | 21,573,000.00 | 22,060,000.00 | 21,905,000.00 | 22,162,000.00 |
| Intangible Assets | 4,330,000.00 | 4,409,000.00 | 4,430,000.00 | 4,494,000.00 | 4,121,000.00 | 4,226,000.00 | 4,338,000.00 | 4,421,000.00 | 4,540,000.00 | 4,576,000.00 | 4,632,000.00 | 4,428,000.00 | 4,485,000.00 | 4,526,000.00 | 4,522,000.00 | 4,495,000.00 | 4,553,000.00 | 4,687,000.00 | 4,741,000.00 | 4,747,000.00 |
| Long-Term Investments | 0 | 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 | 0 |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Liabilities | 2,448,560,000.00 | 2,428,104,000.00 | 2,376,255,000.00 | 2,163,398,000.00 | 2,238,006,000.00 | 2,213,819,000.00 | 2,243,970,000.00 | 2,224,645,000.00 | 2,176,114,000.00 | 2,232,688,000.00 | 2,266,193,000.00 | 2,235,591,000.00 | 2,202,724,000.00 | 2,202,132,000.00 | 2,217,546,000.00 | 2,110,390,000.00 | 2,184,406,000.00 | 2,148,164,000.00 | 2,136,420,000.00 | 2,090,036,000.00 |
| Payables and Expenses | 0 | 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 | 0 |
| Current Accrued Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short-Term Debt | 121,807,000.00 | 119,435,000.00 | 109,999,000.00 | 104,027,000.00 | 89,828,000.00 | 87,569,000.00 | 73,464,000.00 | 74,175,000.00 | 86,722,000.00 | 82,435,000.00 | 96,920,000.00 | 110,221,000.00 | 111,378,000.00 | 95,065,000.00 | 76,049,000.00 | 71,680,000.00 | 77,652,000.00 | 78,726,000.00 | 80,924,000.00 | 72,989,000.00 |
| Other Current Liabilities | 0 | 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 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity | 4,252,348,000.00 | 4,221,012,000.00 | 4,196,122,000.00 | 6,046,878,000.00 | 3,935,572,000.00 | 3,924,717,000.00 | 3,896,661,000.00 | 6,209,055,000.00 | 3,804,731,000.00 | 3,866,716,000.00 | 5,215,330,000.00 | 7,390,761,000.00 | 5,048,030,000.00 | 5,047,610,000.00 | 5,070,720,000.00 | 7,159,473,000.00 | 5,001,215,000.00 | 4,936,958,000.00 | 4,906,468,000.00 | 4,792,403,000.00 |
| Shareholders Equity | 213,023,000.00 | 213,222,000.00 | 212,408,000.00 | 208,598,000.00 | 209,083,000.00 | 208,310,000.00 | 206,585,000.00 | 205,453,000.00 | 209,503,000.00 | 208,719,000.00 | 208,295,000.00 | 201,189,000.00 | 198,560,000.00 | 199,014,000.00 | 197,709,000.00 | 201,972,000.00 | 200,875,000.00 | 202,159,000.00 | 202,549,000.00 | 199,442,000.00 |
| Capital Stock | 38,131,000.00 | 32,731,000.00 | 36,731,000.00 | 35,731,000.00 | 32,731,000.00 | 37,731,000.00 | 35,231,000.00 | 35,231,000.00 | 39,021,000.00 | 40,521,000.00 | 20,276,000.00 | 38,021,000.00 | 19,026,000.00 | 19,026,000.00 | 19,026,000.00 | 38,021,000.00 | 18,026,000.00 | 18,026,000.00 | 20,311,000.00 | 38,991,000.00 |
| Share Premium | 109,010,000.00 | 108,839,000.00 | 108,616,000.00 | 109,117,000.00 | 108,969,000.00 | 108,785,000.00 | 108,592,000.00 | 108,955,000.00 | 108,757,000.00 | 108,579,000.00 | 108,369,000.00 | 108,458,000.00 | 108,347,000.00 | 108,210,000.00 | 108,050,000.00 | 108,003,000.00 | 107,922,000.00 | 107,820,000.00 | 107,694,000.00 | 107,846,000.00 |
| Retained Earnings | 214,034,000.00 | 211,674,000.00 | 209,013,000.00 | 206,294,000.00 | 204,770,000.00 | 202,913,000.00 | 200,956,000.00 | 198,905,000.00 | 202,135,000.00 | 199,976,000.00 | 198,353,000.00 | 194,734,000.00 | 193,462,000.00 | 191,261,000.00 | 187,962,000.00 | 184,948,000.00 | 183,024,000.00 | 179,686,000.00 | 174,816,000.00 | 168,272,000.00 |
| Treasury Shares | 84,932,000.00 | 79,886,000.00 | 77,880,000.00 | 76,842,000.00 | 75,840,000.00 | 74,842,000.00 | 74,865,000.00 | 75,238,000.00 | 74,738,000.00 | 74,247,000.00 | 73,262,000.00 | 73,967,000.00 | 73,977,000.00 | 73,988,000.00 | 73,744,000.00 | 71,240,000.00 | 71,246,000.00 | 68,253,000.00 | 65,261,000.00 | 64,129,000.00 |
| Accumulated Other Comprehensive Income | -44,170,000.00 | -43,786,000.00 | -45,722,000.00 | -47,852,000.00 | -45,197,000.00 | -46,677,000.00 | -45,729,000.00 | -44,800,000.00 | -46,177,000.00 | -45,865,000.00 | -45,441,000.00 | -47,062,000.00 | -48,298,000.00 | -45,495,000.00 | -43,585,000.00 | -38,765,000.00 | -36,851,000.00 | -35,120,000.00 | -35,011,000.00 | -32,058,000.00 |
| Minority Interest | 854,000.00 | 908,000.00 | 850,000.00 | 768,000.00 | 819,000.00 | 834,000.00 | 813,000.00 | 798,000.00 | 692,000.00 | 703,000.00 | 724,000.00 | 649,000.00 | 557,000.00 | 612,000.00 | 644,000.00 | 700,000.00 | 735,000.00 | 751,000.00 | 724,000.00 | 758,000.00 |
| Investments | 3,152,728,000.00 | 3,160,285,000.00 | 2,877,459,000.00 | 2,406,001,000.00 | 2,571,921,000.00 | 2,503,759,000.00 | 2,397,829,000.00 | 2,278,627,000.00 | 2,172,498,000.00 | 2,233,344,000.00 | 2,149,755,000.00 | 10,846,023,000.00 | 10,653,498,000.00 | 10,745,055,000.00 | 10,427,302,000.00 | 10,285,394,000.00 | 10,286,448,000.00 | 10,616,903,000.00 | 8,897,017,000.00 | 9,174,029,000.00 |
| Debt | 1,268,185,000.00 | 1,257,652,000.00 | 1,178,333,000.00 | 1,719,757,000.00 | 1,167,363,000.00 | 1,107,541,000.00 | 1,117,148,000.00 | 1,691,824,000.00 | 1,103,641,000.00 | 1,105,331,000.00 | 1,060,712,000.00 | 1,584,570,000.00 | 972,845,000.00 | 969,239,000.00 | 933,744,000.00 | 1,438,738,000.00 | 944,569,000.00 | 963,348,000.00 | 933,699,000.00 | 1,518,887,000.00 |
| Net Debt | 1,213,774,000.00 | 1,203,892,000.00 | 1,128,580,000.00 | 1,442,568,000.00 | 1,116,528,000.00 | 1,054,095,000.00 | 1,065,477,000.00 | 1,430,071,000.00 | 1,052,919,000.00 | 1,054,248,000.00 | 1,007,319,000.00 | 899,564,000.00 | 372,718,000.00 | 400,039,000.00 | 388,492,000.00 | 913,380,000.00 | 295,841,000.00 | 363,922,000.00 | 283,395,000.00 | 898,310,000.00 |
| Common Shares Outstanding | 1,789,266.16 | 1,840,897.90 | 1,867,733.68 | 0 | 1,891,264.80 | 1,907,795.23 | 1,907,439.61 | 0 | 1,913,881.93 | 1,925,702.48 | 1,946,751.84 | 0 | 1,936,852.86 | 1,936,709.62 | 1,941,920.54 | 0 | 1,984,267.24 | 2,026,785.18 | 2,067,047.52 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | 65,354,000.00 | 43,264,000.00 | 21,596,000.00 | -42,766,000.00 | 61,558,000.00 | 41,243,000.00 | 21,104,000.00 | -44,890,000.00 | 61,022,000.00 | 40,883,000.00 | 21,447,000.00 | -40,004,000.00 | 57,332,000.00 | 38,824,000.00 | 19,186,000.00 | -38,199,000.00 | 53,955,000.00 | 36,801,000.00 | 19,327,000.00 |
| Cost Of Revenue | 63,000.00 | 46,000.00 | 20,000.00 | -55,000.00 | 73,000.00 | 45,000.00 | 27,000.00 | -38,000.00 | 63,000.00 | 38,000.00 | 24,000.00 | -187,000.00 | 3,046,000.00 | 1,693,000.00 | 287,000.00 | -3,682,000.00 | 2,704,000.00 | 2,538,000.00 | 1,427,000.00 |
| Interest Income | 106,215,000.00 | 69,525,000.00 | 33,666,000.00 | -73,386,000.00 | 108,666,000.00 | 72,210,000.00 | 36,223,000.00 | -55,058,000.00 | 96,879,000.00 | 62,042,000.00 | 29,395,000.00 | -16,224,000.00 | 48,700,000.00 | 28,781,000.00 | 13,151,000.00 | -24,703,000.00 | 37,647,000.00 | 24,997,000.00 | 12,534,000.00 |
| Interest Expense | 62,088,000.00 | 40,338,000.00 | 19,654,000.00 | -39,932,000.00 | 68,304,000.00 | 45,210,000.00 | 22,716,000.00 | -21,947,000.00 | 55,803,000.00 | 34,794,000.00 | 16,047,000.00 | 4,212,000.00 | 13,302,000.00 | 5,946,000.00 | 2,280,000.00 | -5,903,000.00 | 6,884,000.00 | 4,632,000.00 | 2,368,000.00 |
| Net Interest | 44,127,000.00 | 29,187,000.00 | 14,012,000.00 | 26,646,000.00 | 40,362,000.00 | 27,000,000.00 | 13,507,000.00 | -1,726,000.00 | 41,076,000.00 | 27,248,000.00 | 40,044,000.00 | -65,035,000.00 | 106,194,000.00 | 68,505,000.00 | 32,613,000.00 | 23,875,000.00 | 30,763,000.00 | 20,365,000.00 | 10,166,000.00 |
| Non-Interest Income | 21,227,000.00 | 14,077,000.00 | 7,584,000.00 | 9,068,000.00 | 21,196,000.00 | 14,243,000.00 | 7,597,000.00 | -12,642,000.00 | 19,946,000.00 | 13,635,000.00 | 24,297,000.00 | -58,704,000.00 | 65,802,000.00 | 47,967,000.00 | 24,945,000.00 | -19,399,000.00 | 23,192,000.00 | 16,436,000.00 | 9,161,000.00 |
| Non-Interest Expense | 93,843,000.00 | 62,007,000.00 | 31,903,000.00 | 17,126,000.00 | 50,582,000.00 | 34,068,000.00 | 17,491,000.00 | -120,796,000.00 | 89,734,000.00 | 59,728,000.00 | 39,867,000.00 | -77,214,000.00 | 114,921,000.00 | 76,674,000.00 | 39,495,000.00 | -18,894,000.00 | 33,749,000.00 | 22,265,000.00 | 11,073,000.00 |
| Provisions for Credit Losses | 0 | 0 | 0 | 9,726,000.00 | 0 | 0 | 0 | 7,786,000.00 | 0 | 0 | 0 | -131,000.00 | 2,972,000.00 | 1,644,000.00 | 260,000.00 | 3,774,000.00 | -2,793,000.00 | -2,605,000.00 | -1,479,000.00 |
| Gross Profit | 65,291,000.00 | 43,218,000.00 | 21,576,000.00 | -42,711,000.00 | 61,485,000.00 | 41,198,000.00 | 21,077,000.00 | -44,852,000.00 | 60,959,000.00 | 40,845,000.00 | 21,423,000.00 | -39,817,000.00 | 54,286,000.00 | 37,131,000.00 | 18,899,000.00 | -34,517,000.00 | 51,251,000.00 | 34,263,000.00 | 17,900,000.00 |
| Selling, General and Administrative Expenses | 11,069,000.00 | 7,363,000.00 | 3,679,000.00 | -3,966,000.00 | 9,335,000.00 | 6,174,000.00 | 3,059,000.00 | -5,891,000.00 | 9,521,000.00 | 6,321,000.00 | 3,056,000.00 | -5,458,000.00 | 9,080,000.00 | 5,971,000.00 | 2,870,000.00 | -5,007,000.00 | 8,450,000.00 | 5,491,000.00 | 2,698,000.00 |
| EBT | 25,018,000.00 | 16,467,000.00 | 7,005,000.00 | -14,881,000.00 | 21,907,000.00 | 14,559,000.00 | 7,789,000.00 | -65,827,000.00 | 39,920,000.00 | 27,542,000.00 | 18,549,000.00 | -39,981,000.00 | 46,893,000.00 | 33,711,000.00 | 15,798,000.00 | -24,016,000.00 | 23,519,000.00 | 17,657,000.00 | 10,309,000.00 |
| Income Tax | 6,420,000.00 | 3,689,000.00 | 2,000,000.00 | -4,806,000.00 | 6,389,000.00 | 4,210,000.00 | 2,151,000.00 | -9,885,000.00 | 6,521,000.00 | 4,613,000.00 | 4,481,000.00 | -7,492,000.00 | 8,982,000.00 | 6,388,000.00 | 2,886,000.00 | -9,975,000.00 | 14,314,000.00 | 10,672,000.00 | 7,113,000.00 |
| Net Income Including Non-Controlling Interests | 11,740,000.00 | 8,026,000.00 | 4,021,000.00 | -7,019,000.00 | 9,709,000.00 | 6,506,000.00 | 3,335,000.00 | -13,916,000.00 | 10,945,000.00 | 7,440,000.00 | 4,606,000.00 | -10,352,000.00 | 12,570,000.00 | 8,815,000.00 | 4,289,000.00 | -18,834,000.00 | 18,712,000.00 | 14,092,000.00 | 7,909,000.00 |
| Net Income Non-Controlling Interests | 95,000.00 | 57,000.00 | 43,000.00 | -84,000.00 | 117,000.00 | 82,000.00 | 36,000.00 | -95,000.00 | 122,000.00 | 81,000.00 | 45,000.00 | -34,000.00 | 68,000.00 | 38,000.00 | 17,000.00 | -70,000.00 | 67,000.00 | 43,000.00 | 33,000.00 |
| Net Income | 11,835,000.00 | 8,083,000.00 | 4,064,000.00 | -7,103,000.00 | 9,826,000.00 | 6,588,000.00 | 3,371,000.00 | -14,011,000.00 | 11,067,000.00 | 7,521,000.00 | 4,651,000.00 | -10,386,000.00 | 12,638,000.00 | 8,853,000.00 | 4,306,000.00 | -18,904,000.00 | 18,779,000.00 | 14,135,000.00 | 7,942,000.00 |
| EBIT | 87,106,000.00 | 56,805,000.00 | 26,659,000.00 | -54,813,000.00 | 90,211,000.00 | 59,769,000.00 | 30,505,000.00 | -87,774,000.00 | 95,723,000.00 | 62,336,000.00 | 34,596,000.00 | -35,769,000.00 | 60,195,000.00 | 39,657,000.00 | 18,078,000.00 | -29,919,000.00 | 30,403,000.00 | 22,289,000.00 | 12,677,000.00 |
| Deprecation and Amortization | 3,270,000.00 | 2,147,000.00 | 1,050,000.00 | -2,302,000.00 | 3,292,000.00 | 2,211,000.00 | 1,110,000.00 | -2,186,000.00 | 3,388,000.00 | 2,247,000.00 | 1,111,000.00 | -1,996,000.00 | 3,154,000.00 | 2,089,000.00 | 1,015,000.00 | -1,921,000.00 | 2,979,000.00 | 1,944,000.00 | 962,000.00 |
| EBITDA | 90,376,000.00 | 58,952,000.00 | 27,709,000.00 | -57,115,000.00 | 93,503,000.00 | 61,980,000.00 | 31,615,000.00 | -89,960,000.00 | 99,111,000.00 | 64,583,000.00 | 35,707,000.00 | -37,765,000.00 | 63,349,000.00 | 41,746,000.00 | 19,093,000.00 | -31,840,000.00 | 33,382,000.00 | 24,233,000.00 | 13,639,000.00 |
| EPS | 0.01 | 0.00 | 0.00 | -0.00 | 0.00 | 0.00 | 0.00 | -0.00 | 0.01 | 0.00 | 0.00 | -0.00 | 0.01 | 0.00 | 0.00 | -0.00 | 0.01 | 0.01 | 0.00 |
| Diluted EPS | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.00 |
| Average Shares Outstanding Basic | 1,851,700.00 | 1,867,500.00 | 1,879,000.00 | 1,880,100.00 | 1,906,000.00 | 1,909,100.00 | 1,910,400.00 | 1,896,800.00 | 1,936,900.00 | 1,943,200.00 | 1,943,500.00 | 1,908,500.00 | 1,950,000.00 | 1,956,600.00 | 1,971,700.00 | 1,931,400.00 | 2,049,300.00 | 2,069,300.00 | 2,082,000.00 |
| Average Shares Outstanding Diluted | 1,891,800.00 | 1,906,400.00 | 1,919,600.00 | 1,929,700.00 | 1,943,100.00 | 1,944,400.00 | 1,943,200.00 | 1,931,300.00 | 1,961,500.00 | 1,966,300.00 | 1,964,100.00 | 1,928,700.00 | 1,967,100.00 | 1,973,200.00 | 1,988,200.00 | 1,950,900.00 | 2,065,300.00 | 2,084,800.00 | 2,096,600.00 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -94,187,000.00 | -95,287,000.00 | -58,708,000.00 | 65,954,000.00 | -44,465,000.00 | -27,791,000.00 | -10,831,000.00 | 158,011,000.00 | -68,750,000.00 | -84,544,000.00 | -60,970,000.00 | 67,035,000.00 | -8,340,000.00 | -6,538,000.00 | -27,088,000.00 | -44,697,000.00 | 59,185,000.00 | 23,563,000.00 | 23,198,000.00 |
| Operating Net Income | 46,830,000.00 | 31,784,000.00 | 14,635,000.00 | -27,569,000.00 | 38,937,000.00 | 26,041,000.00 | 13,493,000.00 | -61,369,000.00 | 44,116,000.00 | 30,218,000.00 | 23,165,000.00 | -53,332,000.00 | 61,864,000.00 | 44,379,000.00 | 21,581,000.00 | -94,730,000.00 | 94,096,000.00 | 70,804,000.00 | 39,809,000.00 |
| Deprecation and Amortization | 3,270,000.00 | 2,147,000.00 | 1,050,000.00 | -2,302,000.00 | 3,292,000.00 | 2,211,000.00 | 1,110,000.00 | -2,186,000.00 | 3,388,000.00 | 2,247,000.00 | 1,111,000.00 | -1,996,000.00 | 3,154,000.00 | 2,089,000.00 | 1,015,000.00 | -1,921,000.00 | 2,979,000.00 | 1,944,000.00 | 962,000.00 |
| Deferred Income Tax | 227,000.00 | 220,000.00 | -8,000.00 | 979,000.00 | -1,574,000.00 | -953,000.00 | -348,000.00 | -557,000.00 | -979,000.00 | -852,000.00 | -28,000.00 | -565,000.00 | -576,000.00 | 0 | 0 | 1,413,000.00 | 0 | 0 | 0 |
| Share Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | 130,026,000.00 | 134,922,000.00 | 76,771,000.00 | -61,833,000.00 | 43,120,000.00 | 29,735,000.00 | 16,486,000.00 | -126,284,000.00 | 75,816,000.00 | 90,947,000.00 | 47,307,000.00 | -62,021,000.00 | 30,442,000.00 | 10,307,000.00 | 33,880,000.00 | -3,227,000.00 | -21,341,000.00 | 1,462,000.00 | -10,975,000.00 |
| Other Operating Activities | -274,540,000.00 | -264,360,000.00 | -151,156,000.00 | 156,679,000.00 | -128,240,000.00 | -84,825,000.00 | -41,572,000.00 | 348,407,000.00 | -191,091,000.00 | -207,104,000.00 | -132,525,000.00 | 184,949,000.00 | -103,224,000.00 | -63,313,000.00 | -83,564,000.00 | 53,768,000.00 | -16,549,000.00 | -50,647,000.00 | -6,598,000.00 |
| Investing Cash Flow | -58,952,000.00 | -48,949,000.00 | -98,983,000.00 | -35,495,000.00 | 78,501,000.00 | 27,113,000.00 | 14,844,000.00 | -78,487,000.00 | 30,007,000.00 | 42,717,000.00 | -6,146,000.00 | 50,382,000.00 | -53,644,000.00 | -86,602,000.00 | -69,046,000.00 | 212,418,000.00 | -224,138,000.00 | -156,222,000.00 | -81,868,000.00 |
| 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 | 4,913,000.00 | 3,288,000.00 | 1,528,000.00 | -3,485,000.00 | 5,013,000.00 | 3,425,000.00 | 1,769,000.00 | -2,971,000.00 | 4,834,000.00 | 3,136,000.00 | 1,640,000.00 | -1,758,000.00 | 3,713,000.00 | 2,496,000.00 | 1,244,000.00 | -1,284,000.00 | 2,954,000.00 | 1,799,000.00 | 840,000.00 |
| Net Purchase/Sale of Investments Net | 466,879,000.00 | 331,717,000.00 | 187,996,000.00 | -273,339,000.00 | 413,479,000.00 | 278,167,000.00 | 148,246,000.00 | -381,896,000.00 | 363,199,000.00 | 254,782,000.00 | 254,753,000.00 | -881,272,000.00 | 864,354,000.00 | 641,310,000.00 | 365,317,000.00 | -777,948,000.00 | 962,730,000.00 | 686,397,000.00 | 384,608,000.00 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,166,000.00 | 29,000.00 | 29,000.00 | 559,000.00 | 3,242,000.00 | 1,940,000.00 | 0 | 0 | 0 | 0 | 0 |
| Net Loan & Lease Activity | 25,771,000.00 | 49,326,000.00 | 42,600,000.00 | 8,182,000.00 | -25,508,000.00 | ||||||||||||||
| Other Investing Activities | -587,755,000.00 | -426,310,000.00 | -301,015,000.00 | 225,619,000.00 | -353,616,000.00 | -261,586,000.00 | -124,500,000.00 | 286,082,000.00 | -360,322,000.00 | -226,134,000.00 | -258,338,000.00 | 961,325,000.00 | -942,683,000.00 | -765,052,000.00 | -456,245,000.00 | 961,204,000.00 | -1,178,864,000.00 | -852,332,000.00 | -448,096,000.00 |
| Financing Cash Flow | 212,750,000.00 | 192,065,000.00 | 184,976,000.00 | -53,514,000.00 | 9,002,000.00 | -6,389,000.00 | 12,351,000.00 | 17,331,000.00 | -45,046,000.00 | -1,081,000.00 | 15,766,000.00 | -62,604,000.00 | 71,568,000.00 | 70,445,000.00 | 58,354,000.00 | -128,463,000.00 | 67,866,000.00 | 44,614,000.00 | 33,255,000.00 |
| Net Issuance/Repayment of Debt | 275,497,000.00 | 214,044,000.00 | 202,543,000.00 | -163,111,000.00 | 149,845,000.00 | 125,664,000.00 | 56,282,000.00 | -189,682,000.00 | 151,657,000.00 | 119,598,000.00 | 124,868,000.00 | -216,165,000.00 | 195,548,000.00 | 127,279,000.00 | 77,489,000.00 | -212,144,000.00 | 130,089,000.00 | 131,885,000.00 | 82,380,000.00 |
| Net Issuance/Repurchase of Equity | 16,940,000.00 | 9,245,000.00 | 5,246,000.00 | 9,144,000.00 | 10,342,000.00 | 4,615,000.00 | 1,511,000.00 | 9,314,000.00 | 4,918,000.00 | 2,245,000.00 | 1,245,000.00 | -6,033,000.00 | 3,250,000.00 | 3,200,000.00 | 2,833,000.00 | -29,188,000.00 | 27,066,000.00 | 20,932,000.00 | 10,562,000.00 |
| Dividends Paid | 4,021,000.00 | 2,651,000.00 | 1,323,000.00 | -2,520,000.00 | 3,885,000.00 | 2,543,000.00 | 1,291,000.00 | -2,501,000.00 | 3,899,000.00 | 2,547,000.00 | 1,267,000.00 | -2,574,000.00 | 3,777,000.00 | 2,514,000.00 | 1,286,000.00 | -2,780,000.00 | 3,959,000.00 | 2,663,000.00 | 1,356,000.00 |
| Other Financing Activities | -83,708,000.00 | -33,875,000.00 | -24,136,000.00 | 102,973,000.00 | -155,070,000.00 | -139,211,000.00 | -46,733,000.00 | 200,200,000.00 | -205,520,000.00 | -125,471,000.00 | -111,614,000.00 | 162,168,000.00 | -131,007,000.00 | -62,548,000.00 | -23,254,000.00 | 115,649,000.00 | -93,248,000.00 | -110,866,000.00 | -61,043,000.00 |
| Net Change in Cash | 71,528,000.00 | 60,941,000.00 | 31,799,000.00 | -22,559,000.00 | 42,162,000.00 | -14,798,000.00 | 11,798,000.00 | 88,190,000.00 | -88,038,000.00 | -45,117,000.00 | -36,132,000.00 | 10,367,000.00 | 37,574,000.00 | 21,997,000.00 | 10,054,000.00 | -103,670,000.00 | 14,193,000.00 | -20,754,000.00 | 15,067,000.00 |
| Cash at Beginning of Period | 276,532,000.00 | 276,532,000.00 | 276,532,000.00 | 299,091,000.00 | 260,932,000.00 | 260,932,000.00 | 260,932,000.00 | 172,742,000.00 | 342,025,000.00 | 342,025,000.00 | 360,091,000.00 | 331,658,000.00 | 262,033,000.00 | 262,033,000.00 | 262,033,000.00 | 365,703,000.00 | 309,615,000.00 | 319,992,000.00 | 309,615,000.00 |
| Cash at End of Period | 348,060,000.00 | 337,473,000.00 | 308,331,000.00 | 276,532,000.00 | 303,094,000.00 | 246,134,000.00 | 272,730,000.00 | 260,932,000.00 | 253,987,000.00 | 296,908,000.00 | 323,959,000.00 | 342,025,000.00 | 299,607,000.00 | 284,030,000.00 | 272,087,000.00 | 262,033,000.00 | 323,808,000.00 | 299,238,000.00 | 324,682,000.00 |
| Free Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |