MSDL
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Price to Earnings | 8.50 | |||
| Price to Sales | ||||
| Book Value Per Common Share | 20.81 | 20.67 | 15.83 | 13.46 |
| Price to Book | 0.99 | |||
| Price to Operating Cash Flow | -4.90 | |||
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Price to Earnings | 15.03 | 24.96 | 58.71 | 10.69 | 17.48 | 36.53 | |||||
| Price to Sales | |||||||||||
| Book Value Per Common Share | 20.41 | 20.59 | 20.65 | 20.81 | 20.83 | 20.83 | 20.67 | 20.67 | 20.57 | 20.15 | 19.93 |
| Price to Book | 0.79 | 0.91 | 0.97 | 0.99 | 0.95 | 1.05 | 1.04 | ||||
| Price to Operating Cash Flow | 14.48 | 28.27 | 51.75 | -6.32 | -12.04 | -35.09 | |||||
| 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 | -21.87 | 465.56 | -41.69 | |
| Revenue YoY | -57.43 | |||
| EBITDA YoY | ||||
| Net Profit YoY | -6.69 | 375.91 | -41.69 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earning YoY | 42.67 | 120.59 | 48.00 | 111.86 | 72.34 | 127.42 | |||||
| Revenue YoY | |||||||||||
| EBITDA YoY | |||||||||||
| Net Profit YoY | 41.97 | 121.66 | 48.05 | 114.24 | 73.25 | 128.93 |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Cash Per Common Share | 0.82 | 0.94 | ||
| Quick Ratio | ||||
| Current Ratio | ||||
| Debt to Equity | 1.12 | 0.92 | 1.14 | 1.10 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash Per Common Share | 0.86 | 0.91 | 0.78 | 0.82 | 1.02 | 1.08 | 0.74 | 0.84 | 1.23 | 0.74 | 1.41 |
| Quick Ratio | |||||||||||
| Current Ratio | |||||||||||
| Debt to Equity | 1.22 | 1.19 | 1.15 | 1.12 | 1.05 | 0.96 | 0.85 | 0.92 | 1.21 | 1.13 | 1.16 |
| Long-Term Debt to Equity |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| ROA | 5.51 | 6.99 | 1.63 | 3.34 |
| ROE | 11.70 | 13.42 | 3.47 | 7.00 |
| Gross Margin | ||||
| Operating Margin | ||||
| EBITDA Margin | ||||
| Net Profit Margin | 146.95 | 107.28 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROA | 2.37 | 1.68 | 0.76 | 4.32 | 3.03 | 1.52 | 5.30 | 3.26 | 1.43 | ||
| ROE | 5.27 | 3.67 | 1.63 | 8.84 | 5.95 | 2.81 | 11.72 | 6.96 | 3.09 | ||
| 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 | 176.65 | 45.90 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | |||||||||||
| Dividend Payout Ratio |
Financial Statements
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | 3,912,018.00 | 3,306,734.00 | 2,986,122.00 | 2,493,273.00 |
| Cash and Short-Term Investments | 72,372.00 | 69,705.00 | 0 | 0 |
| Cash and Cash Equivalents | 72,372.00 | 69,705.00 | 81,215.00 | 74,153.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 |
| Net Receivables | 470.00 | 173.00 | 23,655.00 | 19,891.00 |
| Inventory | 0 | 0 | 0 | 0 |
| Other Current Assets | 0 | 0 | 0 | 0 |
| Property, Plant, Equipment Net | 0 | 0 | 0 | 0 |
| Goodwill | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 2,873,588.00 | 2,387,374.00 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 0 | 0 | 0 |
| Liabilities | 2,069,862.00 | 1,585,583.00 | 1,588,817.00 | 1,304,686.00 |
| Payables and Expenses | 0 | 0 | 0 | 0 |
| Account Payables | 0 | 0 | 50,077.00 | 32,972.00 |
| 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 | 1,523,475.00 | 1,249,850.00 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 |
| Equity | 1,842,156.00 | 1,721,151.00 | 1,397,305.00 | 1,188,587.00 |
| Shareholders Equity | 1,842,156.00 | 1,721,151.00 | 1,397,305.00 | 1,188,587.00 |
| Capital Stock | 89.00 | 83.00 | 71.00 | 57.00 |
| Share Premium | 1,812,443.00 | 1,712,609.00 | 1,452,013.00 | 1,172,748.00 |
| Retained Earnings | 29,624.00 | 8,459.00 | -54,779.00 | 15,782.00 |
| Treasury Shares | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 |
| Debt | 1,973,479.00 | 1,496,032.00 | 1,523,475.00 | 1,249,850.00 |
| Net Debt | 1,901,107.00 | 1,426,327.00 | 1,442,260.00 | 1,175,697.00 |
| Common Shares Outstanding | 88,511.09 | 83,278.83 | 88,278.83 | 88,278.83 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenues | 0 | 0 | 33,034.00 | 77,606.00 |
| Interest Income | 0 | 0 | 224,745.00 | 109,298.00 |
| Interest Expense | 122,928.00 | 112,883.00 | 67,182.00 | 21,015.00 |
| Non-Interest Expense | 0 | 0 | 4,150.00 | 4,568.00 |
| Operating Expenses | 0 | 0 | -15,842.00 | -5,729.00 |
| Selling, General and Administrative Expenses | 6,815.00 | 5,103.00 | 4,150.00 | 4,568.00 |
| Other Operating Expenses | 0 | 0 | -19,992.00 | -10,297.00 |
| EBT | 0 | 0 | 48,876.00 | 83,335.00 |
| Income Tax | 0.00 | 0.00 | 334.00 | 80.00 |
| Net Income Including Non-Controlling Interests | 0 | 0 | 48,542.00 | 83,255.00 |
| Net Income | 215,564.00 | 231,014.00 | 48,542.00 | 83,255.00 |
| Deprecation and Amortization | 14,866.00 | 11,314.00 | 0 | 0 |
| EPS | 0.00 | 0.00 | 0.00 | 0.00 |
| Diluted EPS | 0.00 | 0.00 | 0.00 | 0.00 |
| Average Shares Outstanding Basic | 88,649.15 | 74,239.74 | 88,278.83 | 88,278.83 |
| Average Shares Outstanding Diluted | 88,649.15 | 74,239.74 | 88,278.83 | 88,278.83 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | -373,536.00 | -83,824.00 | -429,835.00 | -1,661,288.00 |
| Operating Net Income | 215,564.00 | 231,014.00 | 48,542.00 | 83,255.00 |
| Deprecation and Amortization | 14,866.00 | 11,314.00 | 0 | 0 |
| Deferred Income Tax | 0 | 0 | 0 | 0 |
| Share Based Compensation | 0 | 0 | 0 | 0 |
| Change in Working Capital | 4,734.00 | 5,694.00 | 2,430.00 | 3,135.00 |
| Other Operating Activities | -608,700.00 | -331,846.00 | -480,807.00 | -1,747,678.00 |
| Investing Cash Flow | 0 | 0 | 0 | 0 |
| Capital Expenditure | 0.00 | 0.00 | 0 | 0 |
| Net Purchase/Sale of PPE | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | 0 | 0 | 0 |
| Financing Cash Flow | 376,191.00 | 72,314.00 | 436,897.00 | 1,724,178.00 |
| Net Issuance/Repayment of Debt | 1,901,469.00 | 846,000.00 | 281,325.00 | 916,000.00 |
| Net Issuance/Repurchase of Equity | 113,950.00 | 222,753.00 | 254,585.00 | 854,605.00 |
| Dividends Paid | 169,083.00 | 110,497.00 | -85,748.00 | -38,217.00 |
| Other Financing Activities | -1,808,311.00 | -1,106,936.00 | -13,265.00 | -8,210.00 |
| Net Change in Cash | 2,655.00 | -11,510.00 | 7,062.00 | 62,890.00 |
| Cash at Beginning of Period | 69,717.00 | 81,215.00 | 74,153.00 | 11,263.00 |
| Cash at End of Period | 72,372.00 | 69,705.00 | 81,215.00 | 74,153.00 |
| Free Cash Flow | 0 | 0 | -429,835.00 | -1,661,288.00 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | 3,932,283.00 | 3,921,890.00 | 3,912,171.00 | 3,912,018.00 | 3,793,368.00 | 3,655,899.00 | 3,401,347.00 | 3,306,734.00 | 3,276,875.00 | 3,071,215.00 | 3,059,670.00 |
| Cash and Short-Term Investments | 75,523.00 | 79,626.00 | 69,400.00 | 72,372.00 | 90,428.00 | 94,966.00 | 64,762.00 | 69,705.00 | 88,085.00 | 52,850.00 | 99,606.00 |
| Cash and Cash Equivalents | 65,472.00 | 52,216.00 | 69,400.00 | 72,372.00 | 90,428.00 | 94,966.00 | 64,762.00 | 69,705.00 | 88,085.00 | 52,850.00 | 99,606.00 |
| Short-Term Investments | 10,051.00 | 27,410.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 14,836.00 | 134.00 | 364.00 | 470.00 | 1,869.00 | 136.00 | 348.00 | 173.00 | 22.00 | 621.00 | 0 |
| Inventory | 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 |
| Property, Plant, Equipment Net | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 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 |
| Non-Current Deferred Assets | 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 |
| Liabilities | 2,160,672.00 | 2,131,591.00 | 2,094,364.00 | 2,069,862.00 | 1,939,646.00 | 1,793,938.00 | 1,564,320.00 | 1,585,583.00 | 1,795,403.00 | 1,631,214.00 | 1,645,074.00 |
| Payables and Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Account Payables | 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 |
| Short-Term Debt | 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 |
| Long-Term Debt | 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 |
| Equity | 1,771,611.00 | 1,790,299.00 | 1,817,807.00 | 1,842,156.00 | 1,853,722.00 | 1,861,961.00 | 1,837,027.00 | 1,721,151.00 | 1,481,472.00 | 1,440,001.00 | 1,414,596.00 |
| Shareholders Equity | 1,771,611.00 | 1,790,299.00 | 1,817,807.00 | 1,842,156.00 | 1,853,722.00 | 1,861,961.00 | 1,837,027.00 | 1,721,151.00 | 1,481,472.00 | 1,440,001.00 | 1,414,596.00 |
| Capital Stock | 87.00 | 87.00 | 88.00 | 89.00 | 89.00 | 89.00 | 89.00 | 83.00 | 72.00 | 71.00 | 71.00 |
| Share Premium | 1,779,430.00 | 1,782,313.00 | 1,802,435.00 | 1,812,443.00 | 1,823,833.00 | 1,831,835.00 | 1,821,242.00 | 1,712,609.00 | 1,481,875.00 | 1,470,602.00 | 1,460,904.00 |
| Retained Earnings | -7,906.00 | 7,899.00 | 15,284.00 | 29,624.00 | 29,800.00 | 30,037.00 | 15,696.00 | 8,459.00 | -475.00 | -30,672.00 | -46,379.00 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 10,051.00 | 27,410.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 2,473,600.00 | 2,050,254.00 | 2,008,946.00 | 1,973,479.00 | 1,841,565.00 | 1,664,423.00 | 1,486,661.00 | 1,496,032.00 | 1,718,379.00 | 1,554,744.00 | 1,584,108.00 |
| Net Debt | 2,398,077.00 | 1,970,628.00 | 1,939,546.00 | 1,901,107.00 | 1,751,137.00 | 1,569,457.00 | 1,421,899.00 | 1,426,327.00 | 1,630,294.00 | 1,501,894.00 | 1,484,502.00 |
| Common Shares Outstanding | 86,811.21 | 86,962.63 | 88,019.76 | 88,511.09 | 89,008.97 | 89,407.01 | 88,894.49 | 83,278.83 | 72,018.63 | 71,464.63 | 70,981.91 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Selling, General and Administrative Expenses | 6,184.00 | 3,616.00 | 1,790.00 | -2,464.00 | 4,891.00 | 3,063.00 | 1,325.00 | -2,627.00 | 3,868.00 | 2,453.00 | 1,409.00 |
| Interest Expense | 205,575.00 | 68,886.00 | 34,179.00 | -140,326.00 | 179,432.00 | 56,562.00 | 27,260.00 | -52,618.00 | 84,260.00 | 54,574.00 | 26,667.00 |
| EBT | 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 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | 93,367.00 | 65,766.00 | 29,670.00 | -110,784.00 | 163,935.00 | 110,729.00 | 51,684.00 | -86,609.00 | 173,627.00 | 100,219.00 | 43,777.00 |
| Deprecation and Amortization | 12,268.00 | 8,153.00 | 4,297.00 | -6,989.00 | 11,901.00 | 7,240.00 | 2,714.00 | -3,645.00 | 7,283.00 | 5,146.00 | 2,530.00 |
| EPS | 0.00 | 0.00 | 0.00 | -0.00 | 0.00 | 0.00 | 0.00 | -0.00 | 0.00 | 0.00 | 0.00 |
| Diluted EPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Average Shares Outstanding Basic | 87,476.95 | 87,798.35 | 88,413.65 | 90,288.89 | 88,633.99 | 88,315.18 | 87,358.53 | 83,632.32 | 71,361.91 | 71,101.56 | 70,863.18 |
| Average Shares Outstanding Diluted | 87,476.95 | 87,798.35 | 88,413.65 | 90,288.89 | 88,633.99 | 88,315.18 | 87,358.53 | 83,632.32 | 71,361.91 | 71,101.56 | 70,863.18 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 97,144.00 | 58,136.00 | 34,104.00 | 117,793.00 | -277,353.00 | -160,321.00 | -53,655.00 | 46,747.00 | -106,769.00 | -7,438.00 | -16,364.00 |
| Operating Net Income | 93,367.00 | 65,766.00 | 29,670.00 | -110,784.00 | 163,935.00 | 110,729.00 | 51,684.00 | -86,609.00 | 173,627.00 | 100,219.00 | 43,777.00 |
| Deprecation and Amortization | 12,268.00 | 8,153.00 | 4,297.00 | -6,989.00 | 11,901.00 | 7,240.00 | 2,714.00 | -3,645.00 | 7,283.00 | 5,146.00 | 2,530.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | 10,042.00 | -1,697.00 | 259.00 | 8,967.00 | -773.00 | 4,673.00 | -8,133.00 | -9,929.00 | 18,525.00 | 4,369.00 | -7,271.00 |
| Other Operating Activities | -18,533.00 | -14,086.00 | -122.00 | 226,599.00 | -452,416.00 | -282,963.00 | -99,920.00 | 146,930.00 | -306,204.00 | -117,172.00 | -55,400.00 |
| Investing Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Expenditure | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Purchase/Sale of PPE | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Financing Cash Flow | -95,201.00 | -69,376.00 | -37,062.00 | -156,179.00 | 298,076.00 | 185,582.00 | 48,712.00 | -55,153.00 | 113,639.00 | -20,927.00 | 34,755.00 |
| Net Issuance/Repayment of Debt | 2,692,345.00 | 1,814,345.00 | 356,000.00 | -1,195,701.00 | 1,601,835.00 | 1,281,335.00 | 214,000.00 | 213,000.00 | 483,000.00 | 90,000.00 | 60,000.00 |
| Net Issuance/Repurchase of Equity | 32,689.00 | 29,886.00 | 9,616.00 | -181,716.00 | 103,890.00 | 95,888.00 | 95,888.00 | 207,753.00 | 9,888.00 | 2,556.00 | 2,556.00 |
| Dividends Paid | 140,627.00 | 97,145.00 | 53,137.00 | -54,738.00 | 115,640.00 | 71,005.00 | 37,176.00 | -42,216.00 | 79,307.00 | 49,544.00 | 23,862.00 |
| Other Financing Activities | -2,960,862.00 | -2,010,752.00 | -455,815.00 | 1,275,976.00 | -1,523,289.00 | -1,262,646.00 | -298,352.00 | -433,690.00 | -458,556.00 | -163,027.00 | -51,663.00 |
| Net Change in Cash | 1,943.00 | -11,240.00 | -2,958.00 | -38,386.00 | 20,723.00 | 25,261.00 | -4,943.00 | -8,406.00 | 6,870.00 | -28,365.00 | 18,391.00 |
| Cash at Beginning of Period | 63,529.00 | 63,456.00 | 72,358.00 | 110,758.00 | 69,705.00 | 69,705.00 | 69,705.00 | 78,111.00 | 81,215.00 | 81,215.00 | 81,215.00 |
| Cash at End of Period | 65,472.00 | 52,216.00 | 69,400.00 | 72,372.00 | 90,428.00 | 94,966.00 | 64,762.00 | 69,705.00 | 88,085.00 | 52,850.00 | 99,606.00 |
| Free Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |