EDN
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Price to Earnings | 0.01 | 0.00 | -0.01 | 0.00 |
| Price to Sales | 0.00 | 0.00 | 0.00 | 0.00 |
| Book Value Per Common Share | 1721.02 | 1407.72 | 1191.57 | 164.00 |
| Price to Book | 0.02 | 0.01 | 0.01 | 0.03 |
| Price to Operating Cash Flow | 0.01 | 0.01 | 0.00 | 0.00 |
| Price to Free Cash Flow | -0.02 | -0.01 | 0.01 | 0.01 |
| Enterprise Value to EBITDA | 542.76 | 132.78 | 98.83 | 248.44 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Price to Earnings | 0.02 | 0.01 | 0.04 | 0.01 | |
| Price to Sales | 0.00 | 0.00 | 0.00 | 0.06 | 0.00 |
| Book Value Per Common Share | 2304.00 | 2130.44 | 1909.51 | 1721.02 | 1278.46 |
| Price to Book | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 |
| Price to Operating Cash Flow | 0.02 | 0.03 | 0.02 | 0.33 | 0.01 |
| Price to Free Cash Flow | -0.01 | -0.03 | 0.12 | -2.75 | -0.02 |
| Enterprise Value to EBITDA | 897.68 | 935.38 | 1986.90 | 3105.17 | 559.54 |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Earning YoY | 42.18 | |||
| Revenue YoY | 33.82 | 9.38 | 102.74 | |
| EBITDA YoY | -45.80 | 80.76 | 278.60 | |
| Net Profit YoY | 42.19 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Earning YoY | -56.28 | 158.80 | 124.97 | ||
| Revenue YoY | 18.92 | -2.43 | 1.28 | -13.94 | |
| EBITDA YoY | -38.69 | 84.32 | 11.24 | -65.11 | |
| Net Profit YoY | -56.27 | 158.79 | -3.10 | -75.68 |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Cash Per Common Share | 9084.98 | 4567.09 | 4701.46 | 840.00 |
| Quick Ratio | 0.74 | 0.53 | 0.39 | 0.39 |
| Current Ratio | 0.89 | 0.65 | 0.42 | 0.43 |
| Debt to Equity | 1.64 | 1.67 | 2.12 | 2.23 |
| Long-Term Debt to Equity | 0.92 | 1.04 | 0.83 | 0.90 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Cash Per Common Share | 11081.37 | 8856.62 | 8512.07 | 453.90 | 5783.45 |
| Quick Ratio | 0.85 | 0.81 | 0.70 | 0.74 | 0.68 |
| Current Ratio | 1.04 | 0.99 | 0.85 | 0.89 | 0.82 |
| Debt to Equity | 1.51 | 1.50 | 1.60 | 1.64 | 2.13 |
| Long-Term Debt to Equity | 0.93 | 0.91 | 0.87 | 0.92 | 1.26 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| ROA | 6.84 | 5.83 | -1.35 | -27.95 |
| ROE | 18.06 | 15.53 | -4.22 | -90.20 |
| Gross Margin | 19.31 | 3.95 | 3.64 | 12.85 |
| Operating Margin | 25.81 | 71.47 | 41.29 | 18.69 |
| EBITDA Margin | 33.89 | 83.67 | 50.63 | 27.11 |
| Net Profit Margin | 13.32 | 12.54 | -3.15 | -18.81 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| ROA | 0.80 | 1.99 | 0.83 | 0.93 | 4.35 |
| ROE | 2.01 | 4.98 | 2.15 | 2.46 | 13.61 |
| Gross Margin | 27.07 | 18.18 | 20.58 | 16.53 | 18.35 |
| Operating Margin | 13.19 | 32.32 | 14.80 | 10.68 | 39.61 |
| EBITDA Margin | 20.54 | 39.84 | 21.09 | 19.20 | 47.35 |
| Net Profit Margin | 5.49 | 14.92 | 5.62 | 5.88 | 20.80 |
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 |
|---|---|---|---|---|---|
| Dividend Yield | |||||
| Dividend Payout Ratio |
Financial Statements
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | 3,979,577,000.00 | 3,285,627,000.00 | 3,255,963,000.00 | 463,268,000.00 |
| Current Assets | 966,264,000.00 | 505,678,000.00 | 565,972,000.00 | 81,818,000.00 |
| Cash and Short-Term Investments | 397,468,000.00 | 199,810,000.00 | 205,689,000.00 | 36,750,000.00 |
| Cash and Cash Equivalents | 23,918,000.00 | 19,877,000.00 | 11,054,000.00 | 6,179,000.00 |
| Short-Term Investments | 373,550,000.00 | 179,933,000.00 | 194,635,000.00 | 30,571,000.00 |
| Net Receivables | 408,531,000.00 | 212,608,000.00 | 316,626,000.00 | 37,607,000.00 |
| Inventory | 149,772,000.00 | 86,703,000.00 | 43,657,000.00 | 6,701,000.00 |
| Other Current Assets | 10,493,000.00 | 6,557,000.00 | 0.00 | 760,000.00 |
| Non-Current Assets | 3,013,313,000.00 | 2,779,949,000.00 | 2,689,991,000.00 | 381,450,000.00 |
| Property, Plant, Equipment Net | 3,013,068,000.00 | 2,779,819,000.00 | 2,689,827,000.00 | 381,409,000.00 |
| Goodwill | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Long-Term Investments | 121,000.00 | 124,000.00 | 144,000.00 | 27,000.00 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 124,000.00 | 6,000.00 | 20,000.00 | 14,000.00 |
| Liabilities | 2,472,512,000.00 | 2,053,023,000.00 | 2,212,788,000.00 | 319,718,000.00 |
| Current Liabilities | 1,089,782,000.00 | 774,640,000.00 | 1,347,794,000.00 | 189,955,000.00 |
| Payables and Expenses | 827,644,000.00 | 553,972,000.00 | 1,334,483,000.00 | 148,592,000.00 |
| Account Payables | 622,693,000.00 | 426,707,000.00 | 1,219,334,000.00 | 128,950,000.00 |
| Current Accrued Liabilities | 0 | 0 | 63,334,000.00 | 0 |
| Short-Term Debt | 116,407,000.00 | 115,032,000.00 | 1,248,000.00 | 20,511,000.00 |
| Other Current Liabilities | 145,731,000.00 | 105,636,000.00 | 12,063,000.00 | 20,852,000.00 |
| Non-Current Liabilities | 1,382,730,000.00 | 1,278,383,000.00 | 864,994,000.00 | 129,763,000.00 |
| Long-Term Debt | 359,955,000.00 | 98,202,000.00 | 98,577,000.00 | 154,000.00 |
| Other Non-Current Liabilities | 1,022,775,000.00 | 1,180,181,000.00 | 766,417,000.00 | 129,609,000.00 |
| Equity | 1,507,065,000.00 | 1,232,604,000.00 | 1,043,175,000.00 | 143,550,000.00 |
| Shareholders Equity | 1,507,065,000.00 | 1,232,604,000.00 | 1,043,175,000.00 | 143,550,000.00 |
| Capital Stock | 743,329,000.00 | 743,288,000.00 | 743,214,000.00 | 109,585,000.00 |
| Share Premium | 10,329,000.00 | 10,269,000.00 | 10,178,000.00 | 1,492,000.00 |
| Retained Earnings | 254,088,000.00 | -18,040,000.00 | -209,427,000.00 | -41,577,000.00 |
| Treasury Shares | 60,856,000.00 | 60,856,000.00 | 60,856,000.00 | 8,974,000.00 |
| Accumulated Other Comprehensive Income | 560,175,000.00 | 557,943,000.00 | 560,066,000.00 | 83,024,000.00 |
| Minority Interest | 0 | 0 | 0 | 0 |
| Debt | 476,362,000.00 | 213,234,000.00 | 99,825,000.00 | 20,665,000.00 |
| Net Debt | 443,557,000.00 | 187,015,000.00 | 88,771,000.00 | 13,810,000.00 |
| Common Shares Outstanding | 875,682.32 | 875,602.85 | 875,460.81 | 875,320.68 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenues | 2,043,127,000.00 | 1,526,735,000.00 | 1,395,852,000.00 | 688,502,000.00 |
| Cost Of Revenue | 1,648,531,000.00 | 1,466,359,000.00 | 1,345,028,000.00 | 600,008,000.00 |
| Interest Income | 1,224,000.00 | 800,000.00 | 442,000.00 | 395,000.00 |
| Interest Expense | 333,996,000.00 | 694,391,000.00 | 594,238,000.00 | 163,323,000.00 |
| Non-Interest Expense | 273,959,000.00 | 247,941,000.00 | 211,242,000.00 | 77,576,000.00 |
| Gross Profit | 394,596,000.00 | 60,376,000.00 | 50,824,000.00 | 88,494,000.00 |
| Operating Expenses | 349,128,000.00 | 319,793,000.00 | 259,643,000.00 | 109,922,000.00 |
| Selling, General and Administrative Expenses | 273,959,000.00 | 247,941,000.00 | 211,242,000.00 | 77,576,000.00 |
| Other Operating Expenses | -27,280,000.00 | -25,250,000.00 | -17,188,000.00 | -11,456,000.00 |
| Operating Income | 45,468,000.00 | -259,417,000.00 | -208,819,000.00 | -21,428,000.00 |
| Net Non-Operating Income | 610,414,000.00 | 430,587,000.00 | 122,991,000.00 | 144,620,000.00 |
| EBT | 193,278,000.00 | 396,720,000.00 | -17,879,000.00 | -34,635,000.00 |
| Income Tax | -78,850,000.00 | 205,333,000.00 | 26,135,000.00 | 94,840,000.00 |
| Net Income Including Non-Controlling Interests | 272,128,000.00 | 191,387,000.00 | -44,014,000.00 | -129,475,000.00 |
| Net Income | 272,128,000.00 | 191,387,000.00 | -44,014,000.00 | -129,475,000.00 |
| EBIT | 527,274,000.00 | 1,091,111,000.00 | 576,359,000.00 | 128,688,000.00 |
| Deprecation and Amortization | 165,179,000.00 | 186,369,000.00 | 130,380,000.00 | 57,984,000.00 |
| EBITDA | 692,453,000.00 | 1,277,480,000.00 | 706,739,000.00 | 186,672,000.00 |
| EPS | 6.22 | 4.37 | -1.01 | -2.96 |
| Diluted EPS | 6.22 | 4.37 | -1.01 | -2.96 |
| Average Shares Outstanding Basic | 43,750.00 | 43,750.00 | 43,750.00 | 43,750.00 |
| Average Shares Outstanding Diluted | 43,750.00 | 43,750.00 | 43,750.00 | 43,750.00 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | 245,917,000.00 | 155,642,000.00 | 240,241,000.00 | 129,504,000.00 |
| Operating Net Income | 272,128,000.00 | 191,387,000.00 | -44,014,000.00 | -129,475,000.00 |
| Deprecation and Amortization | 165,179,000.00 | 186,369,000.00 | 130,380,000.00 | 57,984,000.00 |
| Deferred Income Tax | -78,850,000.00 | 205,333,000.00 | 26,135,000.00 | 94,840,000.00 |
| Share Based Compensation | 0 | 0 | 0 | 0 |
| Change in Working Capital | 40,993,000.00 | 219,266,000.00 | 307,014,000.00 | 78,190,000.00 |
| Other Operating Activities | -153,533,000.00 | -646,713,000.00 | -179,274,000.00 | 27,965,000.00 |
| Investing Cash Flow | -567,245,000.00 | -172,168,000.00 | -253,355,000.00 | -154,958,000.00 |
| Capital Expenditure | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | -359,966,000.00 | -260,838,000.00 | -215,144,000.00 | -89,331,000.00 |
| Net Purchase/Sale of Investments Net | -207,162,000.00 | 88,670,000.00 | -38,211,000.00 | -65,658,000.00 |
| Net Purchase/Sale of Business | -117,000.00 | 0 | 0 | 0 |
| Other Investing Activities | 0.00 | 0.00 | 0.00 | 31,000.00 |
| Financing Cash Flow | 265,176,000.00 | 15,979,000.00 | -32,294,000.00 | -8,723,000.00 |
| Net Issuance/Repayment of Debt | 314,716,000.00 | 21,626,000.00 | -19,187,000.00 | -3,295,000.00 |
| Net Issuance/Repurchase of Equity | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Other Financing Activities | 0 | 0 | 0 | -5,428,000.00 |
| Net Change in Cash | -56,152,000.00 | -547,000.00 | -45,408,000.00 | -34,177,000.00 |
| Cash at Beginning of Period | 19,877,000.00 | 11,054,000.00 | 41,902,000.00 | 39,926,000.00 |
| Cash at End of Period | -31,551,000.00 | 19,877,000.00 | 11,054,000.00 | 19,242,000.00 |
| Free Cash Flow | -114,049,000.00 | -105,196,000.00 | 25,097,000.00 | 40,173,000.00 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Assets | 5,073,131,000.00 | 4,664,348,000.00 | 4,342,398,000.00 | 3,979,577,000.00 | 3,505,311,000.00 |
| Current Assets | 1,225,108,000.00 | 1,090,274,000.00 | 1,033,293,000.00 | 966,264,000.00 | 798,616,000.00 |
| Cash and Short-Term Investments | 484,810,000.00 | 387,477,000.00 | 372,403,000.00 | 397,468,000.00 | 253,026,000.00 |
| Cash and Cash Equivalents | 37,327,000.00 | 59,237,000.00 | 10,548,000.00 | 23,918,000.00 | 2,656,000.00 |
| Short-Term Investments | 447,483,000.00 | 328,240,000.00 | 361,855,000.00 | 373,550,000.00 | 250,370,000.00 |
| Net Receivables | 521,406,000.00 | 501,236,000.00 | 475,002,000.00 | 408,531,000.00 | 410,105,000.00 |
| Inventory | 210,550,000.00 | 190,259,000.00 | 172,364,000.00 | 149,772,000.00 | 127,960,000.00 |
| Other Current Assets | 8,342,000.00 | 11,302,000.00 | 13,524,000.00 | 10,493,000.00 | 7,525,000.00 |
| Non-Current Assets | 3,848,023,000.00 | 3,574,074,000.00 | 3,309,105,000.00 | 3,013,313,000.00 | 2,706,695,000.00 |
| Property, Plant, Equipment Net | 3,813,627,000.00 | 3,543,974,000.00 | 3,308,447,000.00 | 3,013,068,000.00 | 2,706,507,000.00 |
| Goodwill | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 33,870,000.00 | 17,509,000.00 | 132,000.00 | 121,000.00 | 185,000.00 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 526,000.00 | 12,591,000.00 | 526,000.00 | 124,000.00 | 3,000.00 |
| Liabilities | 3,055,561,000.00 | 2,798,757,000.00 | 2,670,278,000.00 | 2,472,512,000.00 | 2,385,786,000.00 |
| Current Liabilities | 1,182,046,000.00 | 1,097,513,000.00 | 1,211,697,000.00 | 1,089,782,000.00 | 974,104,000.00 |
| Payables and Expenses | 748,275,000.00 | 759,989,000.00 | 968,891,000.00 | 827,644,000.00 | 688,570,000.00 |
| Account Payables | 458,899,000.00 | 459,939,000.00 | 759,592,000.00 | 622,693,000.00 | 532,820,000.00 |
| Current Accrued Liabilities | 0 | 0 | 0 | 0 | 0 |
| Short-Term Debt | 260,617,000.00 | 130,803,000.00 | 78,140,000.00 | 116,407,000.00 | 162,288,000.00 |
| Other Current Liabilities | 173,154,000.00 | 206,721,000.00 | 164,666,000.00 | 145,731,000.00 | 123,246,000.00 |
| Non-Current Liabilities | 1,873,515,000.00 | 1,701,244,000.00 | 1,458,581,000.00 | 1,382,730,000.00 | 1,411,682,000.00 |
| Long-Term Debt | 550,983,000.00 | 423,796,000.00 | 375,197,000.00 | 359,955,000.00 | 166,741,000.00 |
| Other Non-Current Liabilities | 1,322,532,000.00 | 1,277,448,000.00 | 1,083,384,000.00 | 1,022,775,000.00 | 1,244,941,000.00 |
| Equity | 2,017,570,000.00 | 1,865,591,000.00 | 1,672,120,000.00 | 1,507,065,000.00 | 1,119,525,000.00 |
| Shareholders Equity | 2,017,570,000.00 | 1,865,591,000.00 | 1,672,120,000.00 | 1,507,065,000.00 | 1,119,525,000.00 |
| Capital Stock | 906,591,000.00 | 855,530,000.00 | 807,007,000.00 | 743,329,000.00 | 687,943,000.00 |
| Share Premium | 12,598,000.00 | 11,888,000.00 | 11,213,000.00 | 10,329,000.00 | 9,562,000.00 |
| Retained Earnings | 179,461,000.00 | 131,004,000.00 | 311,771,000.00 | 254,088,000.00 | -38,027,000.00 |
| Treasury Shares | 74,217,000.00 | 70,036,000.00 | 66,064,000.00 | 60,856,000.00 | 56,316,000.00 |
| Accumulated Other Comprehensive Income | 993,137,000.00 | 937,205,000.00 | 608,193,000.00 | 560,175,000.00 | 516,363,000.00 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Debt | 811,600,000.00 | 554,599,000.00 | 453,337,000.00 | 476,362,000.00 | 329,029,000.00 |
| Net Debt | 766,277,000.00 | 486,522,000.00 | 435,018,000.00 | 443,557,000.00 | 323,910,000.00 |
| Common Shares Outstanding | 875,682.32 | 875,682.32 | 875,682.32 | 875,682.32 | 875,682.32 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|---|
| Revenues | 740,837,000.00 | 622,989,000.00 | 638,535,000.00 | 630,489,000.00 | 732,638,000.00 | 0 |
| Cost Of Revenue | 540,266,000.00 | 509,728,000.00 | 507,141,000.00 | 526,275,000.00 | 598,187,000.00 | 0 |
| Interest Income | 254,000.00 | 79,000.00 | 87,000.00 | 436,000.00 | 253,000.00 | 0 |
| Interest Expense | 56,011,000.00 | 75,465,000.00 | 58,533,000.00 | 31,772,000.00 | 114,675,000.00 | 0 |
| Non-Interest Expense | 146,943,000.00 | 105,743,000.00 | 70,463,000.00 | 81,641,000.00 | 124,541,000.00 | 0 |
| Gross Profit | 200,571,000.00 | 113,261,000.00 | 131,394,000.00 | 104,214,000.00 | 134,451,000.00 | 0 |
| Operating Expenses | 137,688,000.00 | 103,499,000.00 | 106,549,000.00 | 89,180,000.00 | 125,589,000.00 | 0 |
| Selling, General and Administrative Expenses | 146,943,000.00 | 105,743,000.00 | 70,463,000.00 | 81,641,000.00 | 124,541,000.00 | 0 |
| Other Operating Expenses | -9,255,000.00 | -2,244,000.00 | -490,000.00 | -22,376,000.00 | 1,048,000.00 | 0 |
| Operating Income | 62,883,000.00 | 9,762,000.00 | 24,845,000.00 | 15,034,000.00 | 8,862,000.00 | 0 |
| Net Non-Operating Income | 21,173,000.00 | 168,220,000.00 | 81,204,000.00 | 83,331,000.00 | 89,548,000.00 | 0 |
| EBT | 41,721,000.00 | 125,881,000.00 | 35,948,000.00 | 35,576,000.00 | 175,534,000.00 | 0 |
| Income Tax | 1,083,000.00 | 32,947,000.00 | 37,000.00 | -1,483,000.00 | 23,132,000.00 | 0 |
| Net Income Including Non-Controlling Interests | 40,638,000.00 | 92,934,000.00 | 35,911,000.00 | 37,059,000.00 | 152,402,000.00 | 0 |
| Net Income | 40,638,000.00 | 92,934,000.00 | 35,911,000.00 | 37,059,000.00 | 152,402,000.00 | 0 |
| EBIT | 97,732,000.00 | 201,346,000.00 | 94,481,000.00 | 67,348,000.00 | 290,209,000.00 | 0 |
| Deprecation and Amortization | 54,419,000.00 | 46,826,000.00 | 40,158,000.00 | 53,687,000.00 | 56,730,000.00 | 0 |
| EBITDA | 152,151,000.00 | 248,172,000.00 | 134,639,000.00 | 121,035,000.00 | 346,939,000.00 | 0 |
| EPS | 0.93 | 2.12 | 0.82 | 0 | 3.48 | 1.55 |
| Diluted EPS | 0.93 | 2.12 | 0.82 | 0 | 3.48 | 1.55 |
| Average Shares Outstanding Basic | 43,750.00 | 43,750.00 | 43,750.00 | 0 | 43,750.00 | 43,750.00 |
| Average Shares Outstanding Diluted | 43,750.00 | 43,750.00 | 43,750.00 | 0 | 43,750.00 | 43,750.00 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Operating Cash Flow | 28,194,000.00 | 33,451,000.00 | 74,465,000.00 | 113,461,000.00 | 73,785,000.00 |
| Operating Net Income | 48,457,000.00 | 95,093,000.00 | 35,911,000.00 | 37,059,000.00 | 163,629,000.00 |
| Deprecation and Amortization | 54,419,000.00 | 46,826,000.00 | 40,158,000.00 | 53,687,000.00 | 56,730,000.00 |
| Deferred Income Tax | 3,052,000.00 | 32,949,000.00 | 37,000.00 | -1,483,000.00 | 13,723,000.00 |
| Share Based Compensation | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | -85,521,000.00 | -29,308,000.00 | 683,000.00 | 71,619,000.00 | -10,109,000.00 |
| Other Operating Activities | 7,787,000.00 | -112,109,000.00 | -2,324,000.00 | -47,421,000.00 | -150,188,000.00 |
| Investing Cash Flow | -215,449,000.00 | -6,799,000.00 | -31,547,000.00 | -215,150,000.00 | -198,308,000.00 |
| Capital Expenditure | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | -107,990,000.00 | -78,969,000.00 | -63,235,000.00 | -127,149,000.00 | -130,672,000.00 |
| Net Purchase/Sale of Investments Net | -76,729,000.00 | 72,170,000.00 | 31,688,000.00 | -87,992,000.00 | -67,494,000.00 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | -9,000.00 | 0 |
| Other Investing Activities | 0 | 0 | 0 | 0.00 | 0 |
| Financing Cash Flow | 195,178,000.00 | -16,319,000.00 | -17,720,000.00 | 98,374,000.00 | 114,693,000.00 |
| Net Issuance/Repayment of Debt | 210,975,000.00 | 4,425,000.00 | -8,621,000.00 | 126,476,000.00 | 125,009,000.00 |
| Net Issuance/Repurchase of Equity | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | -15,797,000.00 | -20,744,000.00 | -9,099,000.00 | -28,102,000.00 | -10,316,000.00 |
| Net Change in Cash | 7,923,000.00 | 10,333,000.00 | 25,198,000.00 | -3,315,000.00 | -9,830,000.00 |
| Cash at Beginning of Period | 175,000.00 | -8,562,000.00 | -34,254,000.00 | -32,860,000.00 | -34,832,000.00 |
| Cash at End of Period | 15,522,000.00 | 175,000.00 | -8,562,000.00 | -31,551,000.00 | -43,304,000.00 |
| Free Cash Flow | -79,796,000.00 | -45,518,000.00 | 11,230,000.00 | -13,688,000.00 | -56,887,000.00 |