KSPI
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Price to Earnings | 0.02 | |||
| Price to Sales | 0.01 | |||
| Book Value Per Common Share | 7984.73 | 5694.31 | 4304.37 | 2600.21 |
| Price to Book | 0.01 | |||
| Price to Operating Cash Flow | 0.03 | |||
| Price to Free Cash Flow | 0.04 | |||
| Enterprise Value to EBITDA | 140.10 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Price to Earnings | 0.06 | 0.06 | 0.07 | 0.06 | 0.07 |
| Price to Sales | 0.01 | 0.02 | 0.02 | 0.02 | 0.03 |
| Book Value Per Common Share | 11908.49 | 10244.26 | 8960.00 | 7984.73 | 7052.62 |
| Price to Book | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 |
| Price to Operating Cash Flow | -0.14 | 0.04 | -0.14 | 0.06 | 0.10 |
| Price to Free Cash Flow | -0.11 | 0.04 | -0.12 | 0.07 | 0.12 |
| Enterprise Value to EBITDA | 461.05 | 295.10 | 567.60 | 471.47 | 594.01 |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Earning YoY | 23.61 | 45.23 | 35.78 | |
| Revenue YoY | 33.36 | 50.72 | 40.99 | |
| EBITDA YoY | 27.26 | 41.84 | 31.98 | |
| Net Profit YoY | 23.58 | 43.81 | 35.45 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Earning YoY | 8.68 | 1.58 | -20.31 | 17.35 | |
| Revenue YoY | 13.33 | 17.97 | 13.44 | 11.01 | |
| EBITDA YoY | -38.31 | 75.35 | -17.98 | 12.36 | |
| Net Profit YoY | 8.58 | 2.09 | -19.19 | 15.65 |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Cash Per Common Share | 11112.25 | 11586.83 | 8956.93 | 4935.62 |
| Quick Ratio | 0.83 | 0.87 | 0.89 | 1.20 |
| Current Ratio | 0.85 | 0.88 | 0.90 | 1.22 |
| Debt to Equity | 4.33 | 5.18 | 5.20 | 6.15 |
| Long-Term Debt to Equity | 0.03 | 0.02 | 0.05 | 0.49 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Cash Per Common Share | 9289.12 | 11760.73 | 10076.28 | 11101.51 | 10189.36 |
| Quick Ratio | 1.17 | 1.24 | 1.23 | 0.83 | 1.21 |
| Current Ratio | 1.23 | 1.27 | 1.26 | 0.85 | 1.22 |
| Debt to Equity | 3.42 | 3.95 | 4.21 | 4.33 | 4.54 |
| Long-Term Debt to Equity | 0.27 | 0.50 | 0.57 | 0.03 | 0.21 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| ROA | 12.41 | 12.33 | 11.42 | 11.97 |
| ROE | 66.11 | 76.26 | 70.85 | 85.58 |
| Gross Margin | 62.34 | 64.46 | 69.41 | 72.47 |
| Operating Margin | 50.42 | 52.84 | 56.15 | 59.98 |
| EBITDA Margin | 50.42 | 52.84 | 56.15 | 59.98 |
| Net Profit Margin | 41.24 | 44.51 | 46.65 | 48.55 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| ROA | 2.70 | 2.56 | 2.71 | 3.72 | 3.54 |
| ROE | 11.93 | 12.68 | 14.13 | 19.83 | 19.61 |
| Gross Margin | 45.56 | 70.38 | 52.32 | 63.51 | 62.70 |
| Operating Margin | 30.50 | 55.72 | 37.41 | 52.14 | 51.51 |
| EBITDA Margin | 30.50 | 56.03 | 37.69 | 52.14 | 51.51 |
| Net Profit Margin | 25.43 | 26.54 | 30.67 | 43.05 | 41.33 |
Dividends
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Dividend Yield | 0.36 | |||
| Dividend Payout Ratio | 62.14 | 66.58 | 35.91 | 78.80 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Dividend Yield | 0.09 | 0.08 | |||
| Dividend Payout Ratio | 51.78 | 59.89 |
Financial Statements
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | 8,377,101,000.00 | 6,821,932,000.00 | 5,121,647,000.00 | 3,607,924,000.00 |
| Current Assets | 5,704,938,000.00 | 5,028,343,000.00 | 3,850,739,000.00 | 3,474,112,000.00 |
| Cash and Short-Term Investments | 2,109,462,000.00 | 2,199,875,000.00 | 1,717,270,000.00 | 948,563,000.00 |
| Cash and Cash Equivalents | 619,470,000.00 | 820,466,000.00 | 615,360,000.00 | 342,101,000.00 |
| Short-Term Investments | 1,489,992,000.00 | 1,379,409,000.00 | 1,101,910,000.00 | 606,462,000.00 |
| Net Receivables | 3,465,697,000.00 | 2,739,702,000.00 | 2,071,383,000.00 | 2,487,801,000.00 |
| Inventory | 16,195,000.00 | 14,370,000.00 | 2,274,000.00 | 0 |
| Other Current Assets | 113,584,000.00 | 74,396,000.00 | 59,812,000.00 | 0 |
| Non-Current Assets | 2,672,163,000.00 | 1,793,589,000.00 | 1,270,908,000.00 | 133,812,000.00 |
| Property, Plant, Equipment Net | 193,205,000.00 | 142,729,000.00 | 116,537,000.00 | 70,959,000.00 |
| Real Estate | 14,619,000.00 | 16,065,000.00 | 16,829,000.00 | 18,574,000.00 |
| Goodwill | 17,438,000.00 | 34,078,000.00 | 0 | 0 |
| Intangible Assets | 76,084,000.00 | 31,617,000.00 | 15,303,000.00 | 14,142,000.00 |
| Long-Term Investments | 64,015,000.00 | 61,832,000.00 | 34,452,000.00 | 11,719,000.00 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 2,306,802,000.00 | 1,507,268,000.00 | 1,087,787,000.00 | 0 |
| Liabilities | 6,804,240,000.00 | 5,718,719,000.00 | 4,295,958,000.00 | 3,103,229,000.00 |
| Current Liabilities | 6,751,733,000.00 | 5,699,352,000.00 | 4,258,711,000.00 | 2,856,300,000.00 |
| Payables and Expenses | 6,540,936,000.00 | 5,464,819,000.00 | 4,002,291,000.00 | 2,767,273,000.00 |
| Account Payables | 6,500,750,000.00 | 5,394,799,000.00 | 3,957,957,000.00 | 2,736,364,000.00 |
| Current Accrued Liabilities | 2,300,000.00 | 2,709,000.00 | 3,080,000.00 | 2,281,000.00 |
| Short-Term Debt | 196,982,000.00 | 222,002,000.00 | 245,380,000.00 | 88,945,000.00 |
| Other Current Liabilities | 13,815,000.00 | 12,531,000.00 | 11,040,000.00 | 82,000.00 |
| Non-Current Liabilities | 52,507,000.00 | 19,367,000.00 | 37,247,000.00 | 246,929,000.00 |
| Long-Term Debt | 24,474,000.00 | 154,000.00 | 21,681,000.00 | 221,520,000.00 |
| Other Non-Current Liabilities | 28,033,000.00 | 19,213,000.00 | 15,566,000.00 | 25,409,000.00 |
| Equity | 1,572,861,000.00 | 1,103,213,000.00 | 825,689,000.00 | 504,695,000.00 |
| Shareholders Equity | 1,517,224,000.00 | 1,078,123,000.00 | 819,165,000.00 | 499,727,000.00 |
| Capital Stock | 130,144,000.00 | 130,144,000.00 | 130,144,000.00 | 130,144,000.00 |
| Share Premium | 506,000.00 | 506,000.00 | 506,000.00 | 506,000.00 |
| Retained Earnings | 1,465,295,000.00 | 1,054,945,000.00 | 762,500,000.00 | 377,852,000.00 |
| Treasury Shares | 151,521,000.00 | 152,001,000.00 | 94,058,000.00 | 32,614,000.00 |
| Accumulated Other Comprehensive Income | 41,026,000.00 | 9,719,000.00 | -9,201,000.00 | 2,597,000.00 |
| Minority Interest | 55,637,000.00 | 25,090,000.00 | 6,524,000.00 | 4,968,000.00 |
| Debt | 221,456,000.00 | 222,156,000.00 | 267,061,000.00 | 310,465,000.00 |
| Common Shares Outstanding | 190,015.73 | 189,333.46 | 190,309.97 | 192,187.22 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenues | 2,520,927,000.00 | 1,890,290,000.00 | 1,254,208,000.00 | 889,568,000.00 |
| Cost Of Revenue | 949,468,000.00 | 671,836,000.00 | 383,611,000.00 | 244,862,000.00 |
| Non-Interest Expense | 76,889,000.00 | 51,359,000.00 | 50,390,000.00 | 32,387,000.00 |
| Gross Profit | 1,571,459,000.00 | 1,218,454,000.00 | 870,597,000.00 | 644,706,000.00 |
| Operating Expenses | 300,399,000.00 | 219,650,000.00 | 166,407,000.00 | 111,158,000.00 |
| Selling, General and Administrative Expenses | 76,889,000.00 | 51,359,000.00 | 50,390,000.00 | 32,387,000.00 |
| Research and Development Expenses | 109,553,000.00 | 88,657,000.00 | 60,807,000.00 | 44,388,000.00 |
| Other Operating Expenses | 113,957,000.00 | 79,634,000.00 | 55,210,000.00 | 34,383,000.00 |
| Operating Income | 1,271,060,000.00 | 998,804,000.00 | 704,190,000.00 | 533,548,000.00 |
| Net Non-Operating Income | 11,229,000.00 | 23,200,000.00 | 16,384,000.00 | -4,746,000.00 |
| EBT | 1,282,289,000.00 | 1,022,004,000.00 | 720,574,000.00 | 528,802,000.00 |
| Income Tax | 225,455,000.00 | 173,234,000.00 | 131,730,000.00 | 93,588,000.00 |
| Net Income Including Non-Controlling Interests | 1,056,834,000.00 | 848,770,000.00 | 588,844,000.00 | 435,214,000.00 |
| Net Income Non-Controlling Interests | -17,095,000.00 | -7,419,000.00 | -3,818,000.00 | -3,300,000.00 |
| Net Income | 1,039,739,000.00 | 841,351,000.00 | 585,026,000.00 | 431,914,000.00 |
| EBIT | 1,271,060,000.00 | 998,804,000.00 | 704,190,000.00 | 533,548,000.00 |
| Deprecation and Amortization | 0 | 0 | 2,849,000.00 | 1,876,000.00 |
| EBITDA | 1,271,060,000.00 | 998,804,000.00 | 704,190,000.00 | 533,548,000.00 |
| EPS | 5.48 | 4.43 | 3.05 | 2.25 |
| Diluted EPS | 5.43 | 4.38 | 3.02 | 2.22 |
| Average Shares Outstanding Basic | 189,832.05 | 189,859.97 | 191,725.28 | 192,187.22 |
| Average Shares Outstanding Diluted | 191,430.28 | 192,062.41 | 193,991.45 | 194,341.30 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | 581,892,000.00 | 1,106,128,000.00 | 1,020,984,000.00 | 70,351,000.00 |
| Operating Net Income | 0 | 0 | 0 | 0 |
| Deprecation and Amortization | 0 | 0 | 0 | 0 |
| Deferred Income Tax | 0 | 0 | 0 | 0 |
| Share Based Compensation | 0 | 0 | 0 | 0 |
| Change in Working Capital | -582,621,000.00 | 284,937,000.00 | 382,479,000.00 | -396,257,000.00 |
| Other Operating Activities | 1,164,513,000.00 | 821,191,000.00 | 638,505,000.00 | 466,608,000.00 |
| Investing Cash Flow | -108,364,000.00 | -218,360,000.00 | -487,161,000.00 | 289,748,000.00 |
| Capital Expenditure | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | -95,207,000.00 | -50,036,000.00 | -58,940,000.00 | -24,518,000.00 |
| Net Purchase/Sale of Investments Net | -13,157,000.00 | -139,272,000.00 | -428,221,000.00 | 314,876,000.00 |
| Net Purchase/Sale of Business | 0 | -29,052,000.00 | 0 | -610,000.00 |
| Other Investing Activities | 0.00 | 0.00 | 0.00 | 0.00 |
| Financing Cash Flow | -709,771,000.00 | -675,970,000.00 | -275,911,000.00 | -352,580,000.00 |
| Net Issuance/Repayment of Debt | -48,769,000.00 | -46,561,000.00 | 0 | -10,371,000.00 |
| Net Issuance/Repurchase of Equity | -2,852,000.00 | -60,703,000.00 | -63,672,000.00 | 0 |
| Dividends Paid | -646,056,000.00 | -560,132,000.00 | -210,102,000.00 | -340,362,000.00 |
| Other Financing Activities | -12,094,000.00 | -8,574,000.00 | -2,137,000.00 | -1,847,000.00 |
| Net Change in Cash | -236,243,000.00 | 211,798,000.00 | 257,912,000.00 | 7,518,000.00 |
| Cash at Beginning of Period | 820,466,000.00 | 615,360,000.00 | 342,101,000.00 | 330,409,000.00 |
| Cash at End of Period | 619,470,000.00 | 820,466,000.00 | 615,360,000.00 | 342,101,000.00 |
| Free Cash Flow | 486,166,000.00 | 1,055,871,000.00 | 961,516,000.00 | 45,450,000.00 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Assets | 10,348,744,000.00 | 10,048,025,000.00 | 9,294,739,000.00 | 8,377,101,000.00 | 7,620,611,000.00 |
| Current Assets | 9,064,035,000.00 | 8,870,605,000.00 | 8,171,875,000.00 | 5,704,938,000.00 | 7,269,019,000.00 |
| Cash and Short-Term Investments | 1,771,705,000.00 | 2,245,069,000.00 | 1,914,651,000.00 | 2,109,462,000.00 | 1,936,574,000.00 |
| Cash and Cash Equivalents | 501,519,000.00 | 1,077,948,000.00 | 686,622,000.00 | 619,470,000.00 | 506,634,000.00 |
| Short-Term Investments | 1,270,186,000.00 | 1,167,121,000.00 | 1,228,029,000.00 | 1,489,992,000.00 | 1,429,940,000.00 |
| Net Receivables | 6,848,518,000.00 | 6,436,935,000.00 | 6,092,997,000.00 | 3,465,697,000.00 | 5,279,766,000.00 |
| Inventory | 142,275,000.00 | 111,479,000.00 | 110,752,000.00 | 16,195,000.00 | 0 |
| Other Current Assets | 301,537,000.00 | 77,122,000.00 | 53,475,000.00 | 113,584,000.00 | 0 |
| Non-Current Assets | 1,284,709,000.00 | 1,177,420,000.00 | 1,122,864,000.00 | 2,672,163,000.00 | 351,592,000.00 |
| Property, Plant, Equipment Net | 427,927,000.00 | 396,954,000.00 | 359,914,000.00 | 193,205,000.00 | 205,224,000.00 |
| Real Estate | 0 | 0 | 0 | 14,619,000.00 | 0 |
| Goodwill | 617,719,000.00 | 569,485,000.00 | 566,455,000.00 | 17,438,000.00 | 0 |
| Intangible Assets | 0 | 0 | 0 | 76,084,000.00 | 0 |
| Long-Term Investments | 38,135,000.00 | 30,494,000.00 | 14,777,000.00 | 64,015,000.00 | 1,350,000.00 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 0 | 0 | 2,306,802,000.00 | 0 |
| Liabilities | 8,005,966,000.00 | 8,018,363,000.00 | 7,511,082,000.00 | 6,804,240,000.00 | 6,245,063,000.00 |
| Current Liabilities | 7,380,265,000.00 | 7,000,673,000.00 | 6,488,230,000.00 | 6,751,733,000.00 | 5,959,138,000.00 |
| Payables and Expenses | 7,380,265,000.00 | 7,000,673,000.00 | 6,488,230,000.00 | 6,540,936,000.00 | 5,905,943,000.00 |
| Account Payables | 7,380,265,000.00 | 7,000,673,000.00 | 6,488,230,000.00 | 6,500,750,000.00 | 5,905,943,000.00 |
| Current Accrued Liabilities | 0 | 0 | 0 | 2,300,000.00 | 0 |
| Short-Term Debt | 0 | 0 | 0 | 196,982,000.00 | 53,195,000.00 |
| Other Current Liabilities | 0 | 0 | 0 | 13,815,000.00 | 0.00 |
| Non-Current Liabilities | 625,701,000.00 | 1,017,690,000.00 | 1,022,852,000.00 | 52,507,000.00 | 285,925,000.00 |
| Long-Term Debt | 438,054,000.00 | 591,473,000.00 | 609,958,000.00 | 24,474,000.00 | 161,668,000.00 |
| Other Non-Current Liabilities | 187,647,000.00 | 426,217,000.00 | 412,894,000.00 | 28,033,000.00 | 124,257,000.00 |
| Equity | 2,342,778,000.00 | 2,029,662,000.00 | 1,783,657,000.00 | 1,572,861,000.00 | 1,375,548,000.00 |
| Shareholders Equity | 2,271,955,000.00 | 1,954,446,000.00 | 1,709,429,000.00 | 1,517,224,000.00 | 1,340,108,000.00 |
| Capital Stock | 130,144,000.00 | 130,144,000.00 | 130,144,000.00 | 130,144,000.00 | 130,144,000.00 |
| Share Premium | 506,000.00 | 506,000.00 | 506,000.00 | 506,000.00 | 506,000.00 |
| Retained Earnings | 2,270,144,000.00 | 1,990,530,000.00 | 1,733,203,000.00 | 1,465,295,000.00 | 1,314,913,000.00 |
| Treasury Shares | 148,092,000.00 | 148,092,000.00 | 148,092,000.00 | 151,521,000.00 | 151,521,000.00 |
| Accumulated Other Comprehensive Income | 373,000.00 | -35,422,000.00 | -20,986,000.00 | 41,026,000.00 | 19,589,000.00 |
| Minority Interest | 70,823,000.00 | 75,216,000.00 | 74,228,000.00 | 55,637,000.00 | 35,440,000.00 |
| Debt | 438,054,000.00 | 591,473,000.00 | 609,958,000.00 | 221,456,000.00 | 214,863,000.00 |
| Common Shares Outstanding | 190,784.52 | 190,784.52 | 190,784.52 | 190,015.73 | 190,015.73 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Revenues | 1,098,762,000.00 | 969,512,000.00 | 821,851,000.00 | 724,459,000.00 | 652,592,000.00 |
| Cost Of Revenue | 598,155,000.00 | 287,147,000.00 | 391,830,000.00 | 264,382,000.00 | 243,395,000.00 |
| Interest Expense | 0 | 218,287,000.00 | 0 | 0 | 0 |
| Non-Interest Expense | 66,049,000.00 | 44,302,000.00 | 36,840,000.00 | 23,373,000.00 | 17,944,000.00 |
| Gross Profit | 500,607,000.00 | 682,365,000.00 | 430,021,000.00 | 460,077,000.00 | 409,197,000.00 |
| Operating Expenses | 165,505,000.00 | 140,111,000.00 | 122,569,000.00 | 82,377,000.00 | 73,046,000.00 |
| Selling, General and Administrative Expenses | 66,049,000.00 | 44,302,000.00 | 36,840,000.00 | 23,373,000.00 | 17,944,000.00 |
| Research and Development Expenses | 58,052,000.00 | 50,889,000.00 | 42,897,000.00 | 29,341,000.00 | 27,538,000.00 |
| Other Operating Expenses | 41,404,000.00 | 41,937,000.00 | 40,491,000.00 | 29,663,000.00 | 27,564,000.00 |
| Operating Income | 335,102,000.00 | 542,254,000.00 | 307,452,000.00 | 377,700,000.00 | 336,151,000.00 |
| Net Non-Operating Income | 11,412,000.00 | -2,011,000.00 | 5,803,000.00 | 5,892,000.00 | -2,838,000.00 |
| EBT | 346,514,000.00 | 321,956,000.00 | 307,452,000.00 | 383,592,000.00 | 333,313,000.00 |
| Income Tax | 68,468,000.00 | 63,327,000.00 | 53,403,000.00 | 67,191,000.00 | 58,937,000.00 |
| Net Income Including Non-Controlling Interests | 278,046,000.00 | 258,629,000.00 | 254,049,000.00 | 316,401,000.00 | 274,376,000.00 |
| Net Income Non-Controlling Interests | 1,372,000.00 | -1,302,000.00 | -1,993,000.00 | -4,505,000.00 | -4,683,000.00 |
| Net Income | 279,418,000.00 | 257,327,000.00 | 252,056,000.00 | 311,896,000.00 | 269,693,000.00 |
| EBIT | 335,102,000.00 | 540,243,000.00 | 307,452,000.00 | 377,700,000.00 | 336,151,000.00 |
| Deprecation and Amortization | 0 | 2,983,000.00 | 2,341,000.00 | 0 | 0 |
| EBITDA | 335,102,000.00 | 543,226,000.00 | 309,793,000.00 | 377,700,000.00 | 336,151,000.00 |
| EPS | 1.47 | 1.35 | 1.33 | 1.67 | 1.42 |
| Diluted EPS | 1.46 | 1.34 | 1.32 | 1.67 | 1.41 |
| Average Shares Outstanding Basic | 190,729.01 | 190,895.40 | 190,015.73 | 190,015.73 | 190,058.49 |
| Average Shares Outstanding Diluted | 191,644.72 | 191,606.11 | 190,843.20 | 190,015.73 | 191,407.38 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Operating Cash Flow | -111,434,000.00 | 449,651,000.00 | -124,668,000.00 | 286,347,000.00 | 195,752,000.00 |
| Operating Net Income | 0 | 0 | 0 | 0 | 0 |
| Deprecation and Amortization | 0 | 0 | 0 | 0 | 0 |
| Deferred Income Tax | 0 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | -417,181,000.00 | 79,193,000.00 | -488,151,000.00 | -28,966,000.00 | -105,687,000.00 |
| Other Operating Activities | 305,747,000.00 | 370,458,000.00 | 363,483,000.00 | 315,313,000.00 | 301,439,000.00 |
| Investing Cash Flow | -409,891,000.00 | -12,153,000.00 | -115,412,000.00 | -29,472,000.00 | -122,513,000.00 |
| Capital Expenditure | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | -32,169,000.00 | -51,393,000.00 | -26,748,000.00 | -30,764,000.00 | -32,197,000.00 |
| Net Purchase/Sale of Investments Net | -90,604,000.00 | 39,240,000.00 | 177,052,000.00 | 1,292,000.00 | -90,316,000.00 |
| Net Purchase/Sale of Business | -287,118,000.00 | 0 | -265,716,000.00 | 0 | 0 |
| Other Investing Activities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financing Cash Flow | -60,068,000.00 | -49,590,000.00 | 326,047,000.00 | -168,837,000.00 | -162,725,000.00 |
| Net Issuance/Repayment of Debt | -59,103,000.00 | -48,996,000.00 | 326,047,000.00 | 2,426,000.00 | 0 |
| Net Issuance/Repurchase of Equity | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | -161,514,000.00 | -161,514,000.00 |
| Other Financing Activities | -965,000.00 | 0 | 0 | -9,749,000.00 | -1,211,000.00 |
| Net Change in Cash | -581,393,000.00 | 387,908,000.00 | 85,967,000.00 | 88,038,000.00 | -89,486,000.00 |
| Cash at Beginning of Period | 1,077,948,000.00 | 686,622,000.00 | 619,470,000.00 | 506,634,000.00 | 594,862,000.00 |
| Cash at End of Period | 501,519,000.00 | 1,077,948,000.00 | 686,622,000.00 | 619,470,000.00 | 506,634,000.00 |
| Free Cash Flow | -143,649,000.00 | 398,186,000.00 | -151,497,000.00 | 255,337,000.00 | 163,430,000.00 |