Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31
Price to Earnings -3.56 15.15 -16.67
Price to Sales 5.24 6.92 6.29
Book Value Per Common Share 2.14 4.30 3.73
Price to Book 3.73 2.40 2.55
Price to Operating Cash Flow -136.05 81.94 120.25
Price to Free Cash Flow
Enterprise Value to EBITDA
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
Price to Earnings -1.08 -1.53 44.23 -3.59 -4.74 -25.96 5.34 -32.24 -79.35 -24.51 -81.79 -115.94
Price to Sales 0.51 0.75 18.08 6.31 9.19 31.31 7.17 12.33 29.62 11.09 42.27 95.52
Book Value Per Common Share 17.34 17.30 2.18 2.38 2.82 3.69 5.06 3.23 3.44 3.82 4.03 4.23
Price to Book 0.31 0.30 2.64 3.01 2.47 3.30 1.57 2.80 3.00 3.27 7.92 8.78
Price to Operating Cash Flow -17.06 -6.29 -625.00 -85.58 -46.23 -132.18 193.20 -66.62 -74.96 78.03 -817.95 -446.45
Price to Free Cash Flow
Enterprise Value to EBITDA 3888.51 5109.32 92497.55

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31
Earning YoY
Revenue YoY 7.31 -0.72 -7.63
EBITDA YoY
Net Profit YoY -90.29
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
Earning YoY 32400.00
Revenue YoY 49.34 106.15 50.37 95.75 51.75 110.25 49.38 94.48
EBITDA YoY 33.86 54.49
Net Profit YoY 7.30 0.62 -90.99

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31
Cash Per Common Share 0.69 0.57 2.13
Quick Ratio
Current Ratio
Debt to Equity 0.36 0.22 0.15
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
Cash Per Common Share 7.87 7.01 1.31 0.70 0.89 0.61 0.86 0.95 1.51 2.41 2.82 3.12
Quick Ratio
Current Ratio
Debt to Equity 0.38 0.38 0.36 0.36 0.23 0.22 0.21 0.22 0.22 0.14 0.14 0.14
Long-Term Debt to Equity

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31
ROA 0.24 1.58 -0.25
ROE 0.33 1.92 -0.29
Gross Margin
Operating Margin -120.49
EBITDA Margin -91.35
Net Profit Margin 5.20 57.53 -11.97
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
ROA 1.26 1.17 1.12 -5.63 -3.01 -0.87 3.03 -0.36 -0.16 -0.23 -0.13 -0.10
ROE 1.74 1.61 1.52 -7.63 -3.70 -1.06 3.66 -0.44 -0.20 -0.26 -0.15 -0.11
Gross Margin
Operating Margin 102.25 117.63 165.34
EBITDA Margin 131.32 146.51 195.49
Net Profit Margin 35.58 49.53 101.47 -164.18 -182.26 -109.43 145.95 -26.49 -24.15 -14.18 -12.59 -18.12

Dividends

Breakdown 2024-12-31 2023-12-31 2022-12-31
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
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Assets 404,836.11 644,197.40 844,989.65 592,553.74 707,939.06
      Cash and Short-Term Investments 8,601.42 6,787.57 25,086.85 21,440.43 13,690.00
            Cash and Cash Equivalents 8,601.42 6,787.57 25,086.85 21,440.43 13,690.00
            Short-Term Investments 0 0 0 0 0
      Net Receivables 2,126.61 92.00 138.00 70.00 70.00
      Inventory 0 0 0 0 0
      Other Current Assets 0 0 0 0 0
      Property, Plant, Equipment Net 16,047.35 21,660.64 19,189.39 21,136.38 18,827.00
      Real Estate 119,351.04 151,650.36 139,841.21 131,976.89 127,369.44
      Goodwill 1,389.00 2,025.00 2,423.00 2,423.00 2,423.00
      Intangible Assets 3,776.65 4,110.14 4,110.14 4,110.14 5,200.73
      Long-Term Investments 0 0 0 0 0
      Non-Current Deferred Assets 298.64 346.76 0 0 0
      Other Non-Current Assets 0 0 0 0 0
Liabilities 107,624.49 114,661.76 108,097.45 95,714.14 135,446.04
      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 0 0 0 0 0
      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 297,211.62 529,535.65 736,892.20 496,839.60 572,493.02
   Shareholders Equity 26,535.15 50,932.99 43,829.63 55,669.78 34,883.68
      Capital Stock 138.31 131.56 127.22 125.20 95.04
      Share Premium 185,770.84 182,310.22 182,044.16 186,492.01 156,463.15
      Retained Earnings -159,374.01 -131,508.79 -138,341.75 -130,947.43 -121,674.51
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income 0 0 0 0 0
   Minority Interest 8,410.01 10,367.89 9,013.45 9,812.84 15,238.90
Investments 406.18 18,318.52 797.75 1,514.48 70.00
Debt 64.34 16.09 46.83 5,775.55 14,702.41
Net Debt 0 0 0 0 1,012.40
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 18,925.28 17,635.61 17,764.28 19,231.11 24,351.79
Operating Expenses 6,256.08 21,426.19 17,470.23 18,414.20 22,575.21
   Selling, General and Administrative Expenses 27,565.50 21,143.24 17,919.66 19,364.51 25,119.17
   Other Operating Expenses -21,309.43 282.94 -449.44 -950.32 -2,543.96
Operating Income 12,669.20 0 0 0 0
Net Non-Operating Income -41,523.12 16,968.10 1,191.47 -2,280.35 -8,037.98
Interest Expense 6,050.20 5,004.89 4,712.49 4,822.09 8,813.07
EBT -28,853.92 0 0 0 0
Income Tax 60.85 335.78 1,215.87 47.62 370.88
Net Income Including Non-Controlling Interests -94,940.12 36,501.50 843.94 -6,552.47 -20,196.70
Net Income Non-Controlling Interests 95,925.05 -26,355.05 -2,971.06 2,926.88 12,522.80
Net Income 984.93 10,146.45 -2,127.12 -3,625.58 -7,673.90
EBIT -22,803.72 0 0 0 0
Deprecation and Amortization 5,515.52 5,425.74 5,465.02 5,397.50 5,260.92
EBITDA -17,288.20 0 0 0 0
EPS -0.00 0.00 -0.00 0 0
Diluted EPS 0 0 -0.00 0 0
Average Shares Outstanding Basic 12,386.59 11,847.81 11,753.04 0 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow -728.06 1,489.84 928.82 2,374.94 3,693.42
   Operating Net Income -94,940.12 36,501.50 843.94 -6,552.47 -20,196.70
   Deprecation and Amortization 5,515.52 5,425.74 5,465.02 5,397.50 5,260.92
   Deferred Income Tax 48.12 -346.76 0 0 0
   Share Based Compensation 1,379.08 989.51 1,204.11 1,614.23 1,105.27
   Change in Working Capital -1,642.68 618.34 -2,171.97 -1,412.08 -3,754.06
   Other Operating Activities 88,912.03 -41,698.49 -4,412.27 3,327.76 21,277.99
Investing Cash Flow 12,866.82 120,310.73 -126,377.67 24,204.97 27,677.84
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 24,767.05 10,698.39 25,768.33 49,583.44 40,849.65
   Net Purchase/Sale of Investments Net 107.57 5,136.63 4,125.16 6,200.36 0
   Net Purchase/Sale of Business 0 0 0 0 0
   Other Investing Activities -12,007.80 104,475.71 -156,271.16 -31,578.84 -13,171.81
Financing Cash Flow -10,612.69 -131,806.87 127,263.49 -23,418.74 -30,221.62
   Net Issuance/Repayment of Debt 0 0 0 7,675.60 6,776.19
   Net Issuance/Repurchase of Equity 1,377.18 369.99 435.53 20,600.43 2,068.00
   Dividends Paid 2,236.70 3,313.48 5,267.20 5,467.66 963.46
   Other Financing Activities -14,226.57 -135,490.33 121,560.76 -57,162.43 -40,029.26
Net Change in Cash 1,526.07 -10,006.30 1,814.64 3,161.17 1,149.64
   Cash at Beginning of Period 6,510.43 16,516.72 14,702.09 11,540.92 10,391.27
   Cash at End of Period 8,036.50 6,510.43 16,516.72 14,702.09 11,540.92
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 358,088.08 361,193.25 374,012.06 404,836.11 411,171.44 567,388.63 602,769.18 644,197.40 633,968.08 637,055.10 620,082.67 844,989.65 832,686.38 831,116.23 831,886.73 592,553.74 571,935.82 573,699.42 606,363.15 707,939.06
      Cash and Short-Term Investments 9,578.30 8,528.40 16,937.76 8,601.42 8,727.88 11,004.16 7,501.47 6,787.57 10,159.45 11,271.03 17,847.11 25,086.85 28,369.71 33,221.82 36,715.78 21,440.43 47,244.78 47,065.92 7,215.08 13,690.00
            Cash and Cash Equivalents 9,578.30 8,528.40 16,937.76 8,601.42 8,727.88 11,004.16 7,501.47 6,787.57 10,159.45 11,271.03 17,847.11 25,086.85 28,369.71 33,221.82 36,715.78 21,440.43 47,244.78 47,065.92 7,215.08 13,690.00
            Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Net Receivables 1,810.96 1,880.64 1,937.51 2,126.61 2,087.38 2,069.49 2,065.69 92.00 0 0 0 138.00 0 0 0 70.00 0 0 0 70.00
      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 16,670.97 16,885.23 16,094.71 16,047.35 17,595.02 19,409.82 19,724.71 21,660.64 20,580.59 20,803.98 19,763.46 19,189.39 18,223.95 17,836.33 18,065.25 21,136.38 18,082.52 17,199.72 17,851.74 18,827.00
      Real Estate 122,363.06 122,600.23 119,898.08 119,351.04 134,778.01 145,262.80 145,496.15 151,650.36 149,168.05 149,611.22 143,870.38 139,841.21 129,117.93 127,238.25 126,860.98 131,976.89 123,252.75 121,191.93 121,820.34 127,369.44
      Goodwill 1,389.00 1,389.00 1,389.00 1,389.00 1,574.00 1,574.00 1,574.00 2,025.00 2,423.00 2,423.00 2,423.00 2,423.00 2,423.00 2,423.00 2,423.00 2,423.00 2,423.00 2,423.00 2,423.00 2,423.00
      Intangible Assets 3,475.53 3,475.53 3,475.53 3,776.65 3,776.65 3,776.65 3,776.65 4,110.14 4,110.14 4,110.14 4,110.14 4,110.14 4,110.14 4,110.14 4,110.14 4,110.14 4,110.14 4,110.14 5,200.73 5,200.73
      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 298.64 298.64 298.64 298.64 346.76 346.76 346.76 346.76 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 98,461.52 99,023.40 98,864.55 107,624.49 107,748.69 105,931.11 107,815.79 114,661.76 109,805.85 115,570.98 110,857.60 108,097.45 105,286.72 103,843.65 102,737.23 95,714.14 92,817.15 95,596.62 114,307.51 135,446.04
      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 0 0 0 0 0 0 0 0 0 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 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 259,626.55 262,169.85 275,147.51 297,211.62 303,422.74 461,457.52 494,953.39 529,535.65 524,162.23 521,484.11 509,225.08 736,892.20 727,399.66 727,272.58 729,149.51 496,839.60 479,118.66 478,102.80 492,055.64 572,493.02
   Shareholders Equity 21,098.68 21,060.34 28,255.45 26,535.15 29,536.74 34,872.39 45,394.14 50,932.99 59,972.71 38,197.79 40,733.19 43,829.63 45,056.49 47,499.38 49,745.25 55,669.78 57,643.93 51,457.82 31,223.20 34,883.68
      Capital Stock 22.05 20.47 138.19 138.31 133.70 134.19 133.20 131.56 127.59 127.51 127.49 127.22 125.72 127.14 127.16 125.20 124.10 104.24 95.04 95.04
      Share Premium 186,477.51 184,578.73 185,805.50 185,770.84 185,712.36 184,402.05 182,533.42 182,310.22 181,483.89 180,365.05 180,766.10 182,044.16 182,235.08 183,126.89 183,231.32 186,492.01 185,727.37 176,943.75 156,463.15 156,463.15
      Retained Earnings -165,400.88 -163,538.85 -157,688.23 -159,374.01 -156,309.32 -149,663.85 -137,272.48 -131,508.79 -121,638.76 -142,294.78 -140,160.39 -138,341.75 -137,304.31 -135,754.64 -133,613.23 -130,947.43 -128,207.54 -125,590.17 -125,334.98 -121,674.51
      Treasury Shares 0 0 0 0 0 0 0 0 0 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 0 0 0 0 0 0 0 0 0
   Minority Interest 8,248.68 8,316.67 8,304.91 8,410.01 8,559.80 9,734.79 10,268.40 10,367.89 8,154.83 8,534.07 8,881.89 9,013.45 9,032.95 9,116.37 10,763.11 9,812.84 11,373.54 13,792.11 13,611.30 15,238.90
Investments 22.55 7.73 29.52 406.18 981.22 8,713.99 14,457.29 18,318.52 23,996.14 759.60 942.53 797.75 819.14 984.20 975.18 1,514.48 1,600.00 0 0 70.00
Debt 46.37 52.55 58.49 64.34 70.12 0 8.09 16.09 23.99 31.80 39.36 46.83 54.22 61.52 1,768.57 5,775.55 2,082.44 2,089.25 95.83 14,702.41
Net Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,012.40
Common Shares Outstanding 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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
Revenues 12,700.07 8,503.92 4,125.18 -9,341.36 14,099.98 9,376.60 4,790.06 -8,300.78 13,149.54 8,665.36 4,121.49 -8,988.84 13,285.98 8,894.00 4,573.14 -11,844.50 14,891.52 10,515.34 5,668.75
Operating Expenses 4,609.81 3,075.25 1,612.64 -24,704.72 15,623.58 10,242.62 5,094.59 -6,821.50 13,920.15 9,454.36 4,873.18 -8,067.03 12,646.20 8,384.67 4,506.39 -9,499.41 13,504.57 9,303.92 5,105.12
   Selling, General and Administrative Expenses 17,891.01 11,921.76 6,549.24 -3,563.41 15,225.46 10,596.30 5,307.15 -8,131.08 14,346.40 9,758.83 5,169.09 -8,565.83 13,049.51 8,671.92 4,764.05 -10,121.97 14,139.86 9,831.51 5,515.11
   Other Operating Expenses -13,281.20 -8,846.52 -4,936.60 -21,141.31 398.12 -353.68 -212.56 1,309.57 -426.25 -304.48 -295.91 498.80 -403.31 -287.25 -257.66 622.56 -635.29 -527.60 -409.99
Operating Income 8,090.26 5,428.68 2,512.54 12,669.20 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Non-Operating Income 408.20 1,586.38 2,797.40 -4,542.15 -19,297.25 -14,250.45 -3,433.26 -5,267.98 22,117.06 -24.22 143.23 79.50 509.63 288.90 313.44 4,519.92 -2,290.81 -1,690.76 -2,818.71
Interest Expense 4,487.41 2,988.34 1,510.47 -3,020.64 4,514.58 3,041.05 1,515.21 -1,646.44 3,579.38 2,204.18 867.77 -1,894.49 3,485.69 2,103.57 1,017.71 -3,376.05 3,822.31 2,791.43 1,584.39
EBT 8,498.46 7,015.06 5,309.94 -28,853.92 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Income Tax 40.89 85.50 76.23 -693.55 514.26 160.59 79.56 -942.35 632.15 497.53 148.45 -393.41 819.52 524.52 265.24 -762.98 471.51 288.90 50.20
Net Income Including Non-Controlling Interests -7,911.84 -5,341.41 9,396.10 -46,285.54 -20,820.85 -15,116.47 -12,717.25 18,180.72 21,346.45 -813.21 -2,212.46 -1,035.60 1,149.41 798.24 -68.11 2,002.57 -903.87 -479.34 -7,171.83
Net Income Non-Controlling Interests 12,431.05 9,553.28 -5,210.10 92,751.08 -2,328.39 -1,973.23 7,475.59 -23,934.83 -2,155.21 -1,481.93 1,216.92 2,740.01 -3,032.81 -1,917.88 -760.38 1,508.65 -1,759.61 -1,332.31 4,510.15
Net Income 4,519.22 4,211.87 4,185.99 46,465.54 -23,149.24 -17,089.70 -5,241.66 -5,754.11 19,191.24 -2,295.14 -995.54 1,704.40 -1,883.39 -1,119.64 -828.49 3,511.22 -2,663.47 -1,811.64 -2,661.68
EBIT 12,985.87 10,003.40 6,820.41 -22,803.72 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Deprecation and Amortization 3,691.43 2,455.80 1,244.10 -2,696.16 4,158.27 2,702.39 1,351.02 -2,664.35 4,054.11 2,702.40 1,333.57 -2,503.21 3,973.58 2,655.42 1,339.22 -2,932.60 4,104.02 2,797.14 1,428.93
EBITDA 16,677.31 12,459.19 8,064.51 -17,288.20 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
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 -0.00 -0.00 -0.00 0.00 0 0 0
Diluted EPS 0 0 0 0.00 0 0 0 0.00 0 0 0 0.00 0 0 0 0.00 0 0 0
Average Shares Outstanding Basic 1,216.87 1,217.33 12,973.30 12,492.40 12,399.80 12,360.99 12,293.19 11,877.73 11,841.85 11,837.02 11,834.66 11,667.27 11,784.50 11,786.74 11,773.65 0.00 0 0 0
Average Shares Outstanding Diluted 0 0 0 0.00 0 0 0 0.00 0 0 0 0.00 0 0 0 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 2021-12-31 2021-09-30 2021-06-30 2021-03-31
Operating Cash Flow -380.22 -1,012.23 -118.91 3,310.45 -1,040.83 -1,863.49 -1,134.19 4,233.54 488.14 -1,603.71 -1,628.13 478.67 1,888.30 -459.90 -978.26 3,731.53 1,125.00 -1,013.41 -1,468.18
   Operating Net Income -7,911.84 -5,341.41 9,396.10 -46,285.54 -20,820.85 -15,116.47 -12,717.25 18,180.72 21,346.45 -813.21 -2,212.46 -1,035.60 1,149.41 798.24 -68.11 2,002.57 -903.87 -479.34 -7,171.83
   Deprecation and Amortization 3,691.43 2,455.80 1,244.10 -2,696.16 4,158.27 2,702.39 1,351.02 -2,664.35 4,054.11 2,702.40 1,333.57 -2,503.21 3,973.58 2,655.42 1,339.22 -2,932.60 4,104.02 2,797.14 1,428.93
   Deferred Income Tax 0 0 0 48.12 0 0 0 -346.76 0 0 0 0 0 0 0 0 0 0 0
   Share Based Compensation 831.82 544.38 229.50 -1,279.92 1,232.05 885.03 541.92 -640.02 828.19 540.50 260.85 -507.41 861.84 568.70 280.98 -137.42 867.90 582.20 301.55
   Change in Working Capital -795.23 -434.18 64.96 2,937.50 -1,331.04 -2,028.94 -1,220.21 491.52 471.64 638.46 -983.28 1,080.51 -24.20 -1,602.64 -1,625.64 3,210.31 -1,648.20 -512.25 -2,461.93
   Other Operating Activities 3,803.58 1,763.19 -11,053.57 50,586.46 15,720.74 11,694.50 10,910.33 -10,787.57 -26,212.25 -4,671.86 -26.81 3,444.39 -4,072.32 -2,879.61 -904.72 1,588.67 -1,294.85 -3,401.16 6,435.10
Investing Cash Flow 11,433.95 11,372.80 13,553.06 -20,384.18 10,664.73 13,168.41 9,417.86 -222,665.29 128,168.79 105,255.55 109,551.68 240,885.11 -123,828.14 -121,119.91 -122,314.73 -73,061.19 37,278.96 41,077.64 18,909.56
   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 23,043.40 21,544.34 18,391.81 -30,207.39 22,273.25 20,058.92 12,642.26 -2,463.69 7,113.06 4,590.19 1,458.82 -28,437.89 20,603.18 18,839.91 14,763.13 -61,706.81 47,906.91 44,335.44 19,047.91
   Net Purchase/Sale of Investments Net 13.99 13.99 0 -57.97 60.47 60.47 44.60 -6,050.46 4,385.78 3,777.55 3,023.76 -1,607.92 3,031.37 1,772.86 928.86 2,485.87 3,714.49 0 0
   Net Purchase/Sale of Business 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Investing Activities -11,623.44 -10,185.54 -4,838.75 9,881.18 -11,668.99 -6,950.98 -3,269.01 -214,151.14 116,669.94 96,887.81 105,069.10 270,930.91 -147,462.68 -141,732.68 -138,006.71 -13,840.26 -14,342.43 -3,257.80 -138.35
Financing Cash Flow -11,087.30 -11,111.98 -9,513.80 15,237.32 -8,934.88 -9,280.47 -7,634.66 229,604.14 -137,394.88 -111,467.77 -112,548.35 -257,573.49 125,806.82 127,944.66 131,085.49 42,968.51 -22,128.59 -22,261.75 -21,996.91
   Net Issuance/Repayment of Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 -15,351.20 7,675.60 7,675.60 7,675.60
   Net Issuance/Repurchase of Equity 3,584.34 1,854.34 194.97 -1,119.54 1,293.25 1,203.47 0 -99.60 250.77 211.87 6.95 42.72 362.08 30.73 0 -29,319.45 29,430.08 20,489.80 0
   Dividends Paid 1,724.85 1,153.67 579.58 -1,001.99 1,651.29 1,065.36 522.03 -1,655.76 2,488.25 1,657.88 823.10 -4,731.16 4,473.48 3,687.57 1,837.31 -1,229.19 3,689.88 2,008.18 998.79
   Other Financing Activities -16,396.49 -14,119.99 -10,288.35 17,358.84 -11,879.42 -11,549.30 -8,156.69 231,359.50 -140,133.90 -113,337.53 -113,378.40 -252,885.05 120,971.26 124,226.37 129,248.18 88,868.35 -62,924.14 -52,435.33 -30,671.30
Net Change in Cash -33.58 -751.41 3,920.36 -1,836.41 689.02 2,024.45 649.00 11,172.39 -8,737.96 -7,815.93 -4,624.80 -16,209.71 3,866.99 6,364.86 7,792.51 -26,361.15 16,275.38 17,802.47 -4,555.54
   Cash at Beginning of Period 8,036.50 8,036.50 8,036.50 9,872.91 6,510.43 6,510.43 6,510.43 -4,661.97 16,516.72 16,516.72 16,516.72 32,726.44 14,702.09 14,702.09 14,702.09 41,063.24 11,540.92 11,540.92 11,540.92
   Cash at End of Period 8,002.91 7,285.09 11,956.85 8,036.50 7,199.45 8,534.88 7,159.43 6,510.43 7,778.76 8,700.79 11,891.93 16,516.72 18,569.08 21,066.94 22,494.60 14,702.09 27,816.30 29,343.39 6,985.38
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0