Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Price to Earnings -1.48 -12.59
Price to Sales 0.16 0.21
Book Value Per Common Share 3.03 5.21 -1.12 -1.97
Price to Book 1.07 0.99
Price to Operating Cash Flow 81.05 -23.67
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
Price to Earnings -2.57 -14.93 -37.38 -1.75 -4.72 -515.00 -20.93 -21.61 -76.36
Price to Sales 0.35 0.50 0.67 0.25 0.41 0.86 0.34 0.71 1.36
Book Value Per Common Share 1.39 2.79 2.95 3.03 3.10 4.23 5.19 5.21 5.30 5.25 -1.12 -2.17 -2.12 -2.02 -1.97
Price to Book 3.10 1.50 1.01 1.07 1.19 1.08 0.99 0.99 1.15 1.57
Price to Operating Cash Flow 33.62 227.17 25.10 14.52 12.53 -24.94 -7.76 -35.54 -10.73
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 -15.53
EBITDA YoY
Net Profit YoY
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
Earning YoY
Revenue YoY 46.90 89.94 32.12 87.30 58.76 93.49
EBITDA YoY
Net Profit YoY

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Cash Per Common Share 1.50 1.04 0.03 0.13
Quick Ratio 0.40 0.42
Current Ratio 1.42 1.61 1.94 18.20
Debt to Equity 1.85 1.52 0.04 0.04
Long-Term Debt to Equity 0.65 0.49 0.04 0.04
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
Cash Per Common Share 0.75 0.86 1.21 1.34 1.90 1.09 0.65 1.03 0.69 0.85 0.65 0.03 0.05 0.06 0.11 0.13
Quick Ratio 0.35 0.32 0.37 0.40 0.48 0.39 0.41 0.42 0.42 0.39 0.40
Current Ratio 1.29 1.36 1.39 1.42 1.48 1.27 1.60 1.61 1.66 1.59 1.75 1.94 4.14 6.88 19.13 18.20
Debt to Equity 11.99 6.16 5.97 1.85 6.51 4.86 3.70 1.52 3.43 3.46 3.29 0.04 0.04 0.04 0.04 0.04
Long-Term Debt to Equity 4.31 2.32 2.27 0.65 2.72 1.29 1.38 0.49 1.37 1.30 1.38 0.04 0.04 0.04 0.04 0.04

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
ROA -5.86 -1.06 0.68 -0.05
ROE -16.70 -2.67 0.71 -0.05
Gross Margin -35.60 3.09
Operating Margin
EBITDA Margin
Net Profit Margin -10.75 -1.66
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
ROA -7.93 -1.25 -0.38 -8.53 -3.68 -0.03 -1.16 -1.49 -0.40 0.15 -0.15 -0.06
ROE -103.07 -8.98 -2.64 -64.04 -21.56 -0.16 -5.14 -6.65 -1.71 0.15 -0.16 -0.06
Gross Margin 2.61 9.45 13.01 -19.84 -7.26 7.09 1.74 -5.59 6.89
Operating Margin
EBITDA Margin
Net Profit Margin -13.49 -3.27 -1.90 -14.20 -8.61 -0.14 -1.62 -3.29 -1.70

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
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Assets 1,797,824.00 1,814,285.00 283,751.24 281,680.21
   Current Assets 881,652.00 942,536.00 431.64 1,516.04
      Cash and Short-Term Investments 72,185.00 49,176.00 231.52 1,100.03
            Cash and Cash Equivalents 72,185.00 49,176.00 231.52 1,100.03
            Short-Term Investments 0 0 0 0
      Net Receivables 179,320.00 194,869.00 0 0
      Inventory 4,500.00 5,500.00 0 0
      Other Current Assets 625,647.00 692,991.00 200.12 416.01
   Non-Current Assets 916,172.00 871,749.00 283,319.60 280,164.16
      Property, Plant, Equipment Net 131,225.00 114,642.00 0 0
      Goodwill 1,528.00 1,528.00 0 0
      Intangible Assets 1,180.00 1,682.00 0 0
      Long-Term Investments 2,699.00 3,235.00 0 0
      Non-Current Deferred Assets 54,531.00 11,496.00 0 0
      Other Non-Current Assets 725,009.00 739,166.00 0 0
Liabilities 1,167,023.00 1,093,811.00 9,883.03 9,743.30
   Current Liabilities 621,142.00 583,967.00 223.03 83.30
      Payables and Expenses 284,691.00 291,055.00 2.94 5.72
            Account Payables 193,176.00 162,852.00 0 77.58
            Current Accrued Liabilities 91,515.00 128,203.00 82.21 0
      Short-Term Debt 44,525.00 48,454.00 0 0
      Other Current Liabilities 291,926.00 244,458.00 220.09 77.58
   Non-Current Liabilities 407,098.00 356,537.00 9,660.00 9,660.00
      Long-Term Debt 255,625.00 251,906.00 0 0
      Other Non-Current Liabilities 151,473.00 104,631.00 0 0
Equity 630,801.00 720,474.00 273,868.21 271,936.91
   Shareholders Equity 163,658.00 249,622.00 -9,327.24 -16,406.19
      Capital Stock 5.00 5.00 0.83 0.83
      Share Premium 292,173.00 270,330.00 0 0
      Retained Earnings -124,618.00 -19,253.00 -9,328.07 -8,203.93
      Treasury Shares 0 0 0 0
      Accumulated Other Comprehensive Income -3,902.00 -1,460.00 0 0
   Minority Interest 11,751.00 10,942.00 0 0
Investments 2,699.00 3,235.00 0 0
Debt 300,150.00 300,360.00 0 0
Net Debt 227,965.00 251,184.00 0 0
Common Shares Outstanding 53,936.41 47,891.98 8,311.00 8,311.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Revenues 980,179.00 1,160,417.00 0 0
Cost Of Revenue 1,329,159.00 1,124,603.00 0 0
Gross Profit -348,980.00 35,814.00 0 0
Operating Expenses -222,666.00 67,195.00 1,281.63 162.60
   Selling, General and Administrative Expenses 63,274.00 67,195.00 1,281.63 162.60
   Other Operating Expenses -285,940.00 0.00 0.00 0.00
Operating Income -126,314.00 -31,381.00 -1,281.63 -162.60
Net Non-Operating Income 0 0 4,013.84 24.16
Interest Expense 29,512.00 19,471.00 0.00 0.00
EBT 0 0 2,732.21 -138.44
Income Tax 46,892.00 8,527.00 800.90 0.00
Net Income Including Non-Controlling Interests -105,202.00 -19,791.00 1,931.30 -138.44
Net Income Non-Controlling Interests -163.00 538.00 0.00 0.00
Net Income -105,365.00 -19,253.00 1,931.30 -138.44
EBIT 0 0 2,732.21 -138.44
Deprecation and Amortization 26,665.00 32,978.00 0.00 0.00
EPS -0.00 -0.00 0 0
Diluted EPS -0.00 -0.00 0 0
Average Shares Outstanding Basic 48,073.97 47,088.81 0 0
Average Shares Outstanding Diluted 48,073.97 47,088.81 0 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow 1,927.00 -10,264.00 -1,726.91 -495.31
   Operating Net Income -211,056.00 -37,430.00 1,931.30 -138.44
   Deprecation and Amortization 26,665.00 32,978.00 0 0
   Deferred Income Tax -44,751.00 -12,341.00 0 0
   Share Based Compensation 2,049.00 891.00 0 0
   Change in Working Capital -26,082.00 191,825.00 -76.16 499.31
   Other Operating Activities 255,102.00 -186,187.00 -3,582.05 -856.19
Investing Cash Flow 3,228.00 4,488.00 858.40 -280,140.00
   Capital Expenditure 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 13,929.00 19,659.00 0 0
   Net Purchase/Sale of Investments Net 490.00 601.00 858.40 280,140.00
   Net Purchase/Sale of Business 250.00 0 0 0
   Net Loan & Lease Activity 12,068.00 16,893.00 0 0
   Other Investing Activities -23,509.00 -32,665.00 0.00 -560,280.00
Financing Cash Flow 18,781.00 -2,590.00 0 281,735.34
   Net Issuance/Repayment of Debt 357,908.00 264,820.00 0 96.50
   Net Issuance/Repurchase of Equity 0 17,100.00 0 287,735.00
   Dividends Paid 0 0 0 0
   Other Financing Activities -339,127.00 -284,510.00 0 -6,096.16
Net Change in Cash 23,741.00 -8,171.00 -868.51 1,100.03
   Cash at Beginning of Period 63,820.00 71,991.00 1,100.03 0
   Cash at End of Period 87,561.00 63,820.00 231.52 0
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
Assets 1,136,068.00 1,185,268.00 1,202,929.00 1,797,824.00 1,186,794.00 1,263,407.00 1,227,416.00 1,814,285.00 1,179,954.00 1,171,501.00 1,172,915.00 283,751.24 282,174.57 281,281.17 281,485.14 281,680.21
   Current Assets 869,679.00 867,183.00 884,954.00 881,652.00 883,922.00 980,558.00 967,060.00 942,536.00 908,911.00 899,485.00 915,596.00 431.64 667.91 823.40 1,235.50 1,516.04
      Cash and Short-Term Investments 40,482.00 46,517.00 65,052.00 72,185.00 91,378.00 52,352.00 31,239.00 49,176.00 32,211.00 39,124.00 28,930.00 231.52 422.07 520.84 876.21 1,100.03
            Cash and Cash Equivalents 40,482.00 46,517.00 65,052.00 72,185.00 91,378.00 52,352.00 31,239.00 49,176.00 32,211.00 39,124.00 28,930.00 231.52 422.07 520.84 876.21 1,100.03
            Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Net Receivables 195,072.00 158,134.00 171,920.00 179,320.00 193,124.00 244,174.00 217,233.00 194,869.00 198,967.00 183,439.00 178,723.00 0 0 0 0 0
      Inventory 0 0 0 4,500.00 0 0 0 5,500.00 0 0 0 0 0 0 0 0
      Other Current Assets 634,125.00 662,532.00 647,982.00 625,647.00 599,420.00 684,032.00 718,588.00 692,991.00 677,733.00 676,922.00 707,943.00 200.12 245.84 302.56 359.29 416.01
   Non-Current Assets 266,389.00 318,085.00 317,975.00 916,172.00 302,872.00 282,849.00 260,356.00 871,749.00 271,043.00 272,016.00 257,319.00 283,319.60 281,506.67 280,457.78 280,249.64 280,164.16
      Property, Plant, Equipment Net 122,088.00 118,572.00 123,214.00 131,225.00 127,618.00 121,607.00 113,267.00 114,642.00 113,416.00 118,891.00 127,514.00 0 0 0 0 0
      Goodwill 1,528.00 1,528.00 1,528.00 1,528.00 1,528.00 1,528.00 1,528.00 1,528.00 1,528.00 1,528.00 1,528.00 0 0 0 0 0
      Intangible Assets 1,180.00 1,180.00 1,180.00 1,180.00 1,418.00 1,505.00 1,616.00 1,682.00 1,822.00 1,956.00 2,057.00 0 5,000.00 5,000.00 5,000.00 0
      Long-Term Investments 2,554.00 2,580.00 2,685.00 2,699.00 3,095.00 3,115.00 3,120.00 3,235.00 3,219.00 0 0 0 0 0 0 0
      Non-Current Deferred Assets 143.00 57,396.00 56,061.00 54,531.00 39,334.00 26,910.00 11,896.00 11,496.00 21,631.00 21,458.00 0 0 0 0 0 0
      Other Non-Current Assets 138,896.00 136,829.00 133,307.00 725,009.00 129,879.00 128,184.00 128,929.00 739,166.00 129,427.00 128,183.00 126,220.00 0 276,506.66 275,457.78 275,249.64 0
Liabilities 1,048,628.00 1,019,800.00 1,030,271.00 1,167,023.00 1,028,760.00 1,047,857.00 966,437.00 1,093,811.00 913,785.00 908,635.00 899,495.00 9,883.03 9,821.49 9,779.72 9,724.59 9,743.30
   Current Liabilities 671,958.00 636,662.00 638,288.00 621,142.00 598,196.00 770,242.00 606,281.00 583,967.00 548,016.00 567,366.00 523,411.00 223.03 161.49 119.72 64.59 83.30
      Payables and Expenses 314,007.00 299,977.00 295,761.00 284,691.00 267,736.00 360,926.00 322,755.00 291,055.00 263,083.00 264,737.00 280,387.00 2.94 33.36 1.15 7.29 5.72
            Account Payables 237,195.00 224,518.00 208,777.00 193,176.00 165,797.00 251,160.00 205,041.00 162,852.00 137,847.00 133,736.00 166,203.00 0 103.40 68.92 49.95 77.58
            Current Accrued Liabilities 76,812.00 75,459.00 86,984.00 91,515.00 101,939.00 109,766.00 117,714.00 128,203.00 125,236.00 131,001.00 114,184.00 82.21 24.73 49.65 7.35 0
      Short-Term Debt 57,628.00 54,781.00 54,482.00 44,525.00 43,072.00 134,534.00 46,425.00 48,454.00 61,747.00 66,924.00 69,396.00 0 0 0 0 0
      Other Current Liabilities 300,323.00 281,904.00 288,045.00 291,926.00 287,388.00 274,782.00 237,101.00 244,458.00 223,186.00 235,705.00 173,628.00 220.09 128.13 118.57 57.30 77.58
   Non-Current Liabilities 376,670.00 383,138.00 391,983.00 407,098.00 430,564.00 277,615.00 360,156.00 356,537.00 365,769.00 341,269.00 376,084.00 9,660.00 9,660.00 9,660.00 9,660.00 9,660.00
      Long-Term Debt 233,281.00 239,680.00 251,388.00 255,625.00 275,237.00 173,239.00 255,590.00 251,906.00 266,550.00 233,218.00 242,669.00 0 0 0 0 0
      Other Non-Current Liabilities 143,389.00 143,458.00 140,595.00 151,473.00 155,327.00 104,376.00 104,566.00 104,631.00 99,219.00 108,051.00 133,415.00 0 0 0 0 0
Equity 87,440.00 165,468.00 172,658.00 630,801.00 158,034.00 215,550.00 260,979.00 720,474.00 266,169.00 262,866.00 273,420.00 273,868.21 272,353.09 271,501.46 271,760.55 271,936.91
   Shareholders Equity 74,977.00 151,117.00 159,130.00 163,658.00 149,064.00 203,270.00 249,315.00 249,622.00 253,687.00 251,031.00 0 -9,327.24 -18,058.83 -17,587.55 -16,758.90 -16,406.19
      Capital Stock 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 8.00 8.00 8.00 0.83 0.83 0.83 0.83 0.83
      Share Premium 292,872.00 292,744.00 292,526.00 292,173.00 271,798.00 271,423.00 270,801.00 270,330.00 269,920.00 269,436.00 269,436.00 0 0 0 0 0
      Retained Earnings -214,745.00 -139,476.00 -129,170.00 -124,618.00 -120,463.00 -65,736.00 -19,659.00 -19,253.00 -13,690.00 -17,490.00 -4,664.00 -9,328.07 -9,030.25 -8,794.60 -8,380.28 -8,203.93
      Treasury Shares 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Accumulated Other Comprehensive Income -3,155.00 -2,156.00 -4,231.00 -3,902.00 -2,276.00 -2,422.00 -1,832.00 -1,460.00 -2,551.00 -923.00 -2,072.00 0 0 0 0 0
   Minority Interest 12,463.00 14,351.00 13,528.00 11,751.00 8,970.00 12,280.00 11,664.00 10,942.00 12,482.00 11,835.00 10,712.00 0 0 0 0 0
Investments 2,554.00 2,580.00 2,685.00 2,699.00 3,095.00 3,115.00 3,120.00 3,235.00 3,219.00 0 0 0 0 0 0 0
Debt 290,909.00 294,461.00 305,870.00 300,150.00 318,309.00 307,773.00 302,015.00 300,360.00 328,297.00 300,142.00 312,065.00 0 0 0 0 0
Net Debt 250,427.00 247,944.00 240,818.00 227,965.00 226,931.00 255,421.00 270,776.00 251,184.00 296,086.00 261,018.00 283,135.00 0 0 0 0 0
Common Shares Outstanding 54,113.04 54,113.04 53,987.17 53,936.41 48,105.51 48,105.51 48,025.69 47,891.98 47,856.11 47,856.11 0 8,311.00 8,311.00 8,311.00 8,311.00 8,311.00
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
Revenues 668,211.00 454,868.00 239,486.00 -560,456.00 712,929.00 539,609.00 288,097.00 -490,396.00 844,228.00 531,756.00 274,829.00 0 0 0 0
Cost Of Revenue 650,775.00 411,882.00 208,326.00 -371,669.00 854,341.00 578,811.00 267,676.00 -522,291.00 829,550.00 561,458.00 255,886.00 0 0 0 0
Gross Profit 17,436.00 42,986.00 31,160.00 -188,787.00 -141,412.00 -39,202.00 20,421.00 31,895.00 14,678.00 -29,702.00 18,943.00 0 0 0 0
Operating Expenses 23,942.00 38,180.00 26,145.00 -224,393.00 -23,140.00 10,473.00 14,394.00 -12,810.00 47,266.00 17,168.00 15,571.00 -748.32 1,025.78 749.70 254.48
   Selling, General and Administrative Expenses 44,624.00 30,037.00 16,465.00 -28,760.00 47,566.00 30,074.00 14,394.00 -27,661.00 47,266.00 32,019.00 15,571.00 -748.32 1,025.78 749.70 254.48
   Other Operating Expenses -20,682.00 8,143.00 9,680.00 -195,633.00 -70,706.00 -19,601.00 0.00 14,851.00 0.00 -14,851.00 0.00 0.00 0.00 0.00 0.00
Operating Income -6,506.00 4,806.00 5,015.00 35,606.00 -118,272.00 -49,675.00 6,027.00 44,705.00 -32,588.00 -46,870.00 3,372.00 748.32 -1,025.78 -749.70 -254.48
Net Non-Operating Income 0 0 0 0 0 0 0 0 0 0 0 4,013.84 0 0 0
Interest Expense 28,023.00 18,857.00 8,874.00 -8,413.00 19,895.00 12,375.00 5,655.00 -5,132.00 13,790.00 7,559.00 3,254.00 0.00 0.00 0.00 0.00
EBT 0 0 0 0 0 0 0 0 0 0 0 2,732.21 0 0 0
Income Tax 56,820.00 374.00 313.00 -1,865.00 32,796.00 15,654.00 307.00 -21,508.00 11,446.00 16,836.00 1,753.00 385.77 343.43 64.35 7.35
Net Income Including Non-Controlling Interests -90,595.00 -17,040.00 -6,318.00 43,732.00 -99,461.00 -48,136.00 -1,337.00 20,088.00 -16,004.00 -18,813.00 -5,062.00 1,691.48 851.63 -435.45 -176.35
Net Income Non-Controlling Interests 468.00 2,182.00 1,766.00 -998.00 -1,749.00 1,653.00 931.00 -3,497.00 2,314.00 1,323.00 398.00 435.45 -435.45 0.00 0.00
Net Income -90,127.00 -14,858.00 -4,552.00 42,734.00 -101,210.00 -46,483.00 -406.00 16,591.00 -13,690.00 -17,490.00 -4,664.00 2,126.93 416.18 -435.45 -176.35
EBIT 0 0 0 0 0 0 0 0 0 0 0 2,732.21 0 0 0
Deprecation and Amortization 18,917.00 12,817.00 6,525.00 -13,214.00 20,292.00 13,383.00 6,204.00 -20,666.00 26,532.00 17,949.00 9,163.00 0.00 0.00 0.00 0.00
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 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 0 0
Average Shares Outstanding Basic 54,028.36 53,985.32 53,961.74 48,371.99 48,020.82 47,978.01 47,925.07 51,131.61 46,771.94 46,043.88 44,407.83 0.00 0 0 0
Average Shares Outstanding Diluted 54,028.36 53,985.32 53,961.74 48,371.99 48,020.82 47,978.01 47,925.07 51,131.61 46,771.94 46,043.88 44,407.83 0.00 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
Operating Cash Flow 6,893.00 996.00 6,429.00 -17,952.00 12,242.00 17,534.00 -9,897.00 71,739.00 -36,588.00 -10,636.00 -34,779.00 281.93 -1,120.84 -664.18 -223.82
   Operating Net Income -89,659.00 -12,676.00 -5,572.00 -63,792.00 -102,959.00 -44,830.00 525.00 -1,355.00 -11,376.00 -16,167.00 -8,532.00 2,126.93 416.18 -435.45 -176.35
   Deprecation and Amortization 18,917.00 12,817.00 6,525.00 -13,214.00 20,292.00 13,383.00 6,204.00 -20,666.00 26,532.00 17,949.00 9,163.00 0 0 0 0
   Deferred Income Tax 57,218.00 -50.00 -1,530.00 140.00 -28,379.00 -15,870.00 -642.00 32,187.00 -22,148.00 -21,866.00 -514.00 0 0 0 0
   Share Based Compensation 820.00 692.00 464.00 -1,601.00 1,674.00 1,299.00 677.00 407.00 484.00 0 0 0 0 0 0
   Change in Working Capital 35,686.00 16,607.00 24,047.00 -168,259.00 -72,173.00 141,540.00 72,810.00 -212,557.00 141,924.00 140,227.00 122,231.00 168.30 -91.99 -77.03 -75.44
   Other Operating Activities -16,089.00 -16,394.00 -17,505.00 228,774.00 193,787.00 -77,988.00 -89,471.00 273,723.00 -172,004.00 -130,779.00 -157,127.00 -2,013.30 -1,445.03 -151.69 27.98
Investing Cash Flow 3,089.00 758.00 1,117.00 -1,620.00 2,298.00 2,982.00 -432.00 2,707.00 -507.00 2,240.00 48.00 330.53 442.88 84.98 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 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 9,710.00 6,333.00 4,678.00 -9,957.00 10,663.00 7,438.00 5,785.00 -9,905.00 14,936.00 12,167.00 2,461.00 0 0 0 0
   Net Purchase/Sale of Investments Net -271.00 -195.00 -31.00 748.00 -122.00 -97.00 -39.00 -7.00 587.00 21.00 0 858.40 0 0 0
   Net Purchase/Sale of Business 184.00 0 0 -250.00 250.00 250.00 0 0 0 0 0 0 0 0 0
   Net Loan & Lease Activity 12,068.00 16,893.00 0 0
   Other Investing Activities -6,534.00 -5,380.00 -3,530.00 -4,229.00 -8,493.00 -4,609.00 -6,178.00 -4,274.00 -16,030.00 -9,948.00 -2,413.00 -527.87 442.88 84.98 0
Financing Cash Flow -40,263.00 -26,101.00 -13,989.00 12,385.00 28,437.00 -15,098.00 -6,943.00 -10,770.00 11,730.00 -9,651.00 6,101.00 0 0 0 0
   Net Issuance/Repayment of Debt 39,010.00 25,150.00 13,612.00 -87,278.00 353,711.00 74,244.00 17,231.00 -27,078.00 241,801.00 33,345.00 16,752.00 0 0 0 0
   Net Issuance/Repurchase of Equity 0 0 0 0 0 0 0 -34,188.00 17,088.00 17,100.00 17,100.00 0 25.00 25.00 4,800.00
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities -79,273.00 -51,251.00 -27,601.00 99,663.00 -325,274.00 -89,342.00 -24,174.00 50,496.00 -247,159.00 -60,096.00 -27,751.00 0 0 0 0
Net Change in Cash -30,217.00 -24,265.00 -6,445.00 -7,233.00 42,928.00 5,349.00 -17,303.00 63,391.00 -25,239.00 -17,883.00 -28,440.00 612.46 -677.96 -579.20 -223.82
   Cash at Beginning of Period 87,561.00 87,561.00 87,561.00 94,794.00 63,820.00 63,820.00 63,820.00 429.00 71,991.00 71,991.00 71,991.00 -380.94 1,100.03 1,100.03 0
   Cash at End of Period 57,344.00 63,296.00 81,116.00 87,561.00 106,748.00 69,169.00 46,517.00 63,820.00 46,752.00 54,108.00 43,551.00 231.52 422.07 520.84 0
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0