Cash flow Telecom Italia Di Risp Börse Stuttgart

Stocks

TQIR

IT0003497176

Integrated Telecommunications Services

Delayed Börse Stuttgart			5-day change	1st Jan Change
- ^EUR	-.--%		-5.72%	+25.25%

09-18	MIB ends the week in the red: DiaSorin tops the board, Stellantis drops	AN
09-17	Italy - Factors to watch on September 17	RE

c6d07a1290e248be40.cVwvrDRE9bP8iQU_3ywMmOCdIYUeIykvVoMIST29ldQ.NDpOn2Ess8mtvUhZsxRc1az0R6hcYVtVPMZhfn7H5p0yaUDhBgfYwZf6UA

Published financial data: TELECOM ITALIA DI RISP

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Revenues	15.32B	15.79B	16.3B	14.44B	13.73B
Other Revenues, Total	-	-	-	42M	82M
Total Revenues	15.32B	15.79B	16.3B	14.48B	13.82B
Cost of Goods Sold, Total	7.78B	8.18B	8.22B	8.75B	7.64B
Gross Profit	7.54B	7.61B	8.08B	5.73B	6.18B
Selling General & Admin Expenses, Total	815M	1.03B	1.17B	325M	1.45B
Depreciation & Amortization - (IS)	4.49B	4.78B	4.86B	3.19B	2.94B
Other Operating Expenses	649M	686M	679M	562M	513M
Other Operating Expenses, Total	5.95B	6.5B	6.71B	4.08B	4.9B
Operating Income	1.59B	1.12B	1.36B	1.66B	1.28B
Interest Expense, Total	-1.11B	-1.32B	-1.73B	-1.35B	-957M
Interest And Investment Income	229M	354M	217M	305M	318M
Net Interest Expenses	-885M	-967M	-1.51B	-1.05B	-639M
Income (Loss) On Equity Invest.	38M	23M	-29M	-20M	-23M
Currency Exchange Gains (Loss)	39M	23M	-3M	22M	7M
Other Non Operating Income (Expenses)	-37M	-125M	26M	-66M	-92M
EBT, Excl. Unusual Items	742M	69M	-157M	543M	534M
Restructuring Charges	-8M	-	-	-	-
Impairment of Goodwill	-4.12B	-	-	-	-
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Gain (Loss) On Sale Of Assets	1M	36M	-11M	-77M	5M
Asset Writedown	-	-	-	-14M	-69M
Legal Settlements	-	-	-	-	1.01B
Other Unusual Items	-1.13B	-693M	-712M	-195M	-774M
EBT, Incl. Unusual Items	-4.52B	-588M	-880M	257M	707M
Income Tax Expense	3.88B	2.07B	227M	174M	112M
Earnings From Continuing Operations	-8.4B	-2.65B	-1.11B	83M	595M
Earnings Of Discontinued Operations	-	-	-	-447M	-76M
Net Income to Company	-8.4B	-2.65B	-1.11B	-364M	519M
Minority Interest	-252M	-271M	-334M	-246M	-222M
Net Income - (IS)	-8.65B	-2.92B	-1.44B	-610M	297M
Preferred Dividend and Other Adjustments	-	-	-	-	-
Net Income to Common Incl Extra Items	-8.65B	-2.92B	-1.44B	-610M	297M
Net Income to Common Excl. Extra Items	-8.65B	-2.92B	-1.44B	-163M	373M
Per Share Items
Net EPS - Basic	-4.08	-1.38	-0.68	-0.29	0.14
Basic EPS - Continuing Operations	-4.08	-1.38	-0.68	-0.08	0.18
Basic Weighted Average Shares Outstanding	2.12B	2.12B	2.13B	2.13B	2.13B
Net EPS - Diluted	-4.08	-1.38	-0.68	-0.29	0.14
Diluted EPS - Continuing Operations	-4.08	-1.38	-0.68	-0.08	0.18
Diluted Weighted Average Shares Outstanding	2.12B	2.12B	2.13B	2.13B	2.13B
Normalized Basic EPS	0.1	-0.11	-0.2	0.04	0.05
Normalized Diluted EPS	0.1	-0.11	-0.2	0.04	0.05
Dividend Per Share	-	-	-	-	-
Payout Ratio	-4.25	-2.32	-13.12	-26.07	91.92
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	5.38B	4.98B	5.26B	4.27B	3.68B
EBITA	3.1B	2.63B	2.9B	3.07B	2.6B
EBIT	1.59B	1.12B	1.36B	1.66B	1.28B
EBITDAR	5.98B	5.78B	6.2B	4.36B	4.91B
Total Revenues (As Reported)	15.59B	16B	16.5B	14.68B	14.99B
Effective Tax Rate - (Ratio)	-86.05	-351.36	-25.8	67.7	15.84
Total Current Taxes	11M	-580M	78M	92M	150M
Total Deferred Taxes	3.87B	2.65B	149M	82M	-38M
Normalized Net Income	212M	-228M	-432M	93.38M	112M
Interest Capitalized	-	48M	18M	-	-
Interest on Long-Term Debt	1.11B	1.19B	1.3B	1.04B	804M
Non-Cash Pension Expense	5M	12M	17M	6M	6M
Supplemental Operating Expense Items
Advertising Expense	212M	235M	237M	234M	217M
Selling and Marketing Expenses	212M	235M	237M	234M	217M
Research And Development Expense From Footnotes	56M	49M	48M	35M	29M
Net Rental Expense, Total	603M	798M	935M	91M	1.23B
Imputed Operating Lease Interest Expense	162M	263M	403M	40.89M	638M
Imputed Operating Lease Depreciation	441M	535M	532M	50.11M	593M
Maintenance & Repair Expenses, Total	291M	518M	532M	310M	330M
Stock-Based Comp., COGS (Total)	7M	4M	3M	2M	3M
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	7M	4M	3M	2M	3M

Fiscal Period: December	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Assets
Cash And Equivalents	6.9B	3.56B	2.91B	2.92B	2.05B
Short Term Investments	1.52B	1.04B	1.52B	1.12B	815M
Trading Asset Securities, Total	855M	537M	540M	530M	654M
Total Cash And Short Term Investments	9.27B	5.13B	4.97B	4.57B	3.52B
Accounts Receivable, Total	2.79B	2.99B	3.16B	2.4B	2.47B
Other Receivables	567M	551M	1.1B	845M	1.99B
Notes Receivable	-	-	-	-	-
Total Receivables	3.36B	3.54B	4.26B	3.25B	4.45B
Inventory	282M	322M	345M	297M	235M
Prepaid Expenses	-	-	-	-	-
Other Current Assets, Total	1.15B	1.24B	1.31B	1.07B	2.29B
Total Current Assets	14.07B	10.23B	10.88B	9.19B	10.5B
Gross Property Plant And Equipment	85.86B	91.17B	94.73B	32.25B	30.97B
Accumulated Depreciation	-67.7B	-71.58B	-74.52B	-24.23B	-23.61B
Net Property Plant And Equipment	18.16B	19.59B	20.21B	8.03B	7.35B
Long-term Investments	5.17B	2.21B	1.74B	1.05B	749M
Goodwill	18.57B	19.11B	19.17B	11.03B	11.02B
Other Intangibles, Total	7.15B	7.66B	7.12B	6.01B	5.44B
Accounts Receivable Long-Term	45M	49M	112M	40M	34M
Deferred Tax Assets Long-Term	3.51B	769M	701M	513M	510M
Deferred Charges Long-Term	1.83B	1.8B	1.8B	1.25B	638M
Other Long-Term Assets, Total	683M	608M	430M	557M	481M
Total Assets	69.19B	62.03B	62.16B	37.66B	36.73B
Liabilities
Accounts Payable, Total	5.16B	5.3B	5.44B	4.35B	4.48B
Accrued Expenses, Total	834M	1.18B	1.42B	1.16B	1.21B
Current Portion of Long-Term Debt	5.94B	5.04B	5.77B	3.87B	3.03B
Current Portion of Leases	651M	870M	838M	523M	515M
Current Income Taxes Payable	295M	34M	27M	44M	63M
Unearned Revenue Current, Total	823M	899M	879M	910M	856M
Other Current Liabilities	2.66B	825M	1.65B	656M	1.36B
Total Current Liabilities	16.36B	14.14B	16.02B	11.51B	11.52B
Long-Term Debt	23.44B	21.74B	21.28B	8.73B	7.99B
Long-Term Leases	4.06B	4.6B	4.74B	2.42B	2.48B
Unearned Revenue Non Current	723M	688M	707M	503M	317M
Pension & Other Post Retirement Benefits	699M	684M	511M	200M	188M
Deferred Tax Liability Non Current	245M	84M	83M	61M	55M
Other Non Current Liabilities	1.62B	1.37B	1.3B	878M	734M
Total Liabilities	47.15B	43.3B	44.65B	24.3B	23.28B
Common Stock, Total	11.68B	11.68B	11.68B	11.68B	11.68B
Additional Paid In Capital	2.13B	2.13B	575M	-	-
Retained Earnings	-8.65B	-2.92B	-1.44B	-610M	-
Treasury Stock	-63M	-63M	-57M	-53M	-49M
Comprehensive Income and Other	12.32B	4.24B	2.89B	943M	591M
Total Common Equity	17.41B	15.06B	13.65B	11.96B	12.22B
Minority Interest	4.62B	3.66B	3.87B	1.4B	1.24B
Total Equity	22.04B	18.72B	17.51B	13.36B	13.46B
Total Liabilities And Equity	69.19B	62.03B	62.16B	37.66B	36.73B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	2.12B	2.12B	2.13B	2.13B	2.13B
ECS Total Common Shares Outstanding	2.12B	2.12B	2.13B	2.13B	2.13B
Book Value / Share	8.2	7.09	6.42	5.62	5.75
Tangible Book Value	-8.3B	-11.71B	-12.65B	-5.08B	-4.25B
Tangible Book Value Per Share	-3.91	-5.51	-5.95	-2.39	-2
Total Debt	34.1B	32.24B	32.64B	15.54B	14.01B
Net Debt	24.82B	27.11B	27.67B	10.97B	10.49B
Debt Equivalent Oper. Leases	4.82B	6.38B	7.48B	728M	9.85B
Minority Interest, Total (Incl. Fin. Div)	4.62B	3.66B	3.87B	1.4B	1.24B
Equity Method Investments, Total	2.98B	539M	537M	265M	241M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	2M	2M	2M	3M	4M
Inventories - Work In Process, Total	5M	8M	2M	2M	4M
Inventories - Finished Goods, Total	246M	274M	314M	251M	227M
Inventories - Others	29M	38M	27M	41M	-
Land - (BS)	232M	232M	229M	46M	47M
Buildings, Total	1.96B	2.05B	2.05B	440M	393M
Machinery, Total	70.85B	74.15B	76.6B	21.72B	20.84B
Full Time Employees	51.91K	50.38K	47.15K	26.82K	25.6K
Assets under Capital Lease - Gross	-	-	-	-	-
Assets under Capital Lease - Accumulated Depreciation	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	565M	499M	463M	388M	317M

Fiscal Period: December	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Net Income	-8.65B	-2.92B	-1.44B	-610M	297M
Depreciation & Amortization - CF	2.98B	3.26B	3.32B	1.77B	1.62B
Amortization of Goodwill and Intangible Assets - (CF)	1.51B	1.52B	1.54B	1.42B	1.32B
Depreciation & Amortization, Total	4.49B	4.78B	4.86B	3.19B	2.94B
(Gain) Loss From Sale Of Asset	-120M	-242M	-35M	-73M	-4M
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Asset Writedown & Restructuring Costs	4.12B	9M	-6M	94M	69M
(Income) Loss On Equity Investments - (CF)	-38M	-23M	29M	20M	23M
Net Cash From Discontinued Operations	-	-	-	-672M	52M
Other Operating Activities, Total	252M	271M	334M	693M	298M
Change In Accounts Receivable	257M	-81M	-39M	138M	-232M
Change In Inventories	-39M	-35M	-31M	-23M	-12M
Change In Accounts Payable	337M	484M	191M	-80M	-98M
Change In Income Taxes	-313M	-478M	-21M	72M	51M
Change In Deferred Taxes	3.89B	2.64B	148M	82M	-40M
Change in Other Net Operating Assets	150M	493M	-48M	-251M	-752M
Cash from Operations	4.34B	4.9B	3.94B	2.58B	2.59B
Capital Expenditure	-4.01B	-6.3B	-3.97B	-1.95B	-1.53B
Sale of Property, Plant, and Equipment	4M	62M	11M	280M	95M
Cash Acquisitions	-	-1.32B	19M	-4M	-1M
Divestitures	172M	1.28B	-	4.17B	-
Sale (Purchase) of Intangible assets	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-100M	-26M	-49M	-34M	-23M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-1.18B	969M	-919M	2.9B	81M
Other Investing Activities, Total	3M	3M	758M	-414M	-49M
Cash from Investing	-5.12B	-5.34B	-4.15B	4.94B	-1.43B
Short Term Debt Issued, Total	704M	-	241M	-	1.1B
Long-Term Debt Issued, Total	4.08B	2.29B	4.04B	1.89B	1.54B
Total Debt Issued	4.79B	2.29B	4.28B	1.89B	2.64B
Short Term Debt Repaid, Total	-	-436M	-	-862M	-
Long-Term Debt Repaid, Total	-3.07B	-4.62B	-4.61B	-8.43B	-4.37B
Total Debt Repaid	-3.07B	-5.05B	-4.61B	-9.29B	-4.37B
Issuance of Common Stock	-	2M	-	-	-
Common Dividends Paid	-368M	-68M	-189M	-159M	-273M
Common & Preferred Stock Dividends Paid	-368M	-68M	-189M	-159M	-273M
Other Financing Activities, Total	1.82B	-40M	62M	160M	23M
Cash from Financing	3.16B	-2.87B	-456M	-7.41B	-1.97B
Foreign Exchange Rate Adjustments	13M	-40M	18M	-101M	-8M
Net Change in Cash	2.4B	-3.35B	-643M	12M	-820M
Supplemental Items
Cash Interest Paid	1.44B	1.67B	2.1B	1.84B	1.1B
Cash Income Tax Paid (Refund)	242M	-164M	117M	30M	78M
Levered Free Cash Flow	3.64B	-3.49B	1.03B	429M	106M
Unlevered Free Cash Flow	4.33B	-2.67B	2.11B	1.27B	704M
Change In Net Working Capital	-2.86B	1.84B	-366M	997M	1.51B
Net Debt Issued / Repaid	1.71B	-2.76B	-329M	-7.41B	-1.72B

Fiscal Period: December	2021 (EUR)	2022 (EUR)	2023 (EUR)	2024 (EUR)	2025 (EUR)
Profitability
Return on Assets	1.39	1.06	1.37	2.07	2.15
Return on Total Capital	1.69	1.3	1.68	2.62	2.84
Return On Equity %	-33.02	-13.02	-6.11	0.54	4.44
Return on Common Equity	-39.66	-18.01	-10.04	-1.27	3.09
Margin Analysis
Gross Profit Margin %	49.24	48.21	49.56	39.57	44.73
SG&A Margin	5.32	6.54	7.19	2.24	10.48
EBITDA Margin %	35.14	31.54	32.3	29.47	26.61
EBITA Margin %	20.23	16.67	17.81	21.22	18.83
EBIT Margin %	10.36	7.06	8.36	11.43	9.27
Income From Continuing Operations Margin %	-54.84	-16.81	-6.79	0.57	4.31
Net Income Margin %	-56.49	-18.53	-8.84	-4.21	2.15
Net Avail. For Common Margin %	-56.49	-18.53	-8.84	-1.13	2.7
Normalized Net Income Margin	1.38	-1.44	-2.65	0.64	0.81
Levered Free Cash Flow Margin	23.74	-22.12	6.34	2.96	0.76
Unlevered Free Cash Flow Margin	28.29	-16.89	12.97	8.8	5.09
Asset Turnover
Asset Turnover	0.22	0.24	0.26	0.29	0.37
Fixed Assets Turnover	0.84	0.84	0.82	1.03	1.8
Receivables Turnover (Average Receivables)	5.3	5.5	5.33	5.21	5.67
Inventory Turnover (Average Inventory)	29.68	27.08	24.65	27.27	28.71
Short Term Liquidity
Current Ratio	0.86	0.72	0.68	0.8	0.91
Quick Ratio	0.77	0.61	0.58	0.68	0.69
Operating Cash Flow to Current Liabilities	0.26	0.35	0.25	0.22	0.22
Days Sales Outstanding (Average Receivables)	68.86	66.32	68.54	70.21	64.41
Days Outstanding Inventory (Average Inventory)	12.3	13.48	14.81	13.42	12.71
Average Days Payable Outstanding	217.04	232.23	237.69	205.85	212.86
Cash Conversion Cycle (Average Days)	-135.88	-152.43	-154.35	-122.22	-135.74
Long Term Solvency
Total Debt/Equity	154.71	172.2	186.35	116.32	104.12
Total Debt / Total Capital	60.74	63.26	65.08	53.77	51.01
LT Debt/Equity	124.78	140.65	148.62	83.44	77.79
Long-Term Debt / Total Capital	48.99	51.67	51.9	38.57	38.11
Total Liabilities / Total Assets	68.15	69.81	71.83	64.52	63.37
EBIT / Interest Expense	1.42	0.84	0.79	1.22	1.34
EBITDA / Interest Expense	5.46	4.46	3.6	3.58	4.41
(EBITDA - Capex) / Interest Expense	1.85	-0.31	1.3	2.14	2.81
Total Debt / EBITDA	5.61	5.47	5.24	3.21	3.32
Net Debt / EBITDA	4.08	4.6	4.44	2.27	2.49
Total Debt / (EBITDA - Capex)	16.52	-78.08	14.47	5.38	5.21
Net Debt / (EBITDA - Capex)	12.03	-65.65	12.26	3.8	3.9
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-3.09	3.08	3.22	1.21	0.88
Gross Profit, 1 Yr. Growth %	-8.63	0.91	6.11	-6.31	-6.38
EBITDA, 1 Yr. Growth %	-14.72	-7.49	5.68	-6.63	-12.87
EBITA, 1 Yr. Growth %	-22.74	-15.07	10.26	-9.05	-15.79
EBIT, 1 Yr. Growth %	-33.4	-29.79	22.15	-13.71	-24.65
Earnings From Cont. Operations, 1 Yr. Growth %	-214.25	-68.4	-58.29	-188.3	154.27
Net Income, 1 Yr. Growth %	-219.77	-66.19	-50.74	-57.67	-148.69
Normalized Net Income, 1 Yr. Growth %	-79.02	-207.3	89.63	12.67	-19.6
Diluted EPS Before Extra, 1 Yr. Growth %	-224.45	-66.25	-50.76	-61.93	-3.21K
Accounts Receivable, 1 Yr. Growth %	-6.4	8.54	6.76	-23.37	3.57
Inventory, 1 Yr. Growth %	16.53	14.18	7.14	-13.91	-20.88
Net Property, Plant and Equip., 1 Yr. Growth %	0.14	7.88	3.16	-60.28	-8.38
Total Assets, 1 Yr. Growth %	-5.53	-10.35	0.21	-39.41	-2.47
Tangible Book Value, 1 Yr. Growth %	146.17	41.02	8.03	-59.8	-16.38
Common Equity, 1 Yr. Growth %	-33.57	-13.51	-9.4	-12.38	2.19
Cash From Operations, 1 Yr. Growth %	-33.81	12.89	-19.43	-19.86	0.82
Capital Expenditures, 1 Yr. Growth %	15.42	57.11	-37.05	-10.04	-18.26
Levered Free Cash Flow, 1 Yr. Growth %	-38.29	-197.19	-129.58	-74.99	-74.5
Unlevered Free Cash Flow, 1 Yr. Growth %	-34.61	-161.52	-179.3	-52.59	-44.05
Dividend Per Share, 1 Yr. Growth %	-	-	-	-	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-7.69	-0.05	3.15	-4.22	-1.74
Gross Profit, 2 Yr. CAGR %	-12.24	-3.97	3.48	-13.23	0.51
EBITDA, 2 Yr. CAGR %	-14.46	-11.17	-1.12	-7.42	-10.31
EBITA, 2 Yr. CAGR %	-20.37	-18.98	-3.23	8.07	-12.26
EBIT, 2 Yr. CAGR %	-29.7	-31.6	-7.39	21.83	-18.28
Earnings From Cont. Operations, 2 Yr. CAGR %	161.75	-39.92	-63.7	-82.32	151.59
Net Income, 2 Yr. CAGR %	207.33	-36.37	-59.19	-54.33	-54.6
Normalized Net Income, 2 Yr. CAGR %	-50.02	-52.49	42.64	-35.99	16.12
Diluted EPS Before Extra, 2 Yr. CAGR %	209.04	-35.19	-59.23	-76.4	-6.67
Accounts Receivable, 2 Yr. CAGR %	-8.59	0.02	7.18	-9.88	-11.34
Inventory, 2 Yr. CAGR %	4.14	15.35	10.61	-3.96	-17.47
Net Property, Plant and Equip., 2 Yr. CAGR %	-3.51	3.93	5.49	-35.99	-39.67
Total Assets, 2 Yr. CAGR %	-0.66	-7.97	-5.22	-22.08	-23.13
Tangible Book Value, 2 Yr. CAGR %	-10.96	86.32	23.43	-34.1	-42.02
Common Equity, 2 Yr. CAGR %	-7.34	-24.2	-11.48	-10.9	-5.37
Cash From Operations, 2 Yr. CAGR %	-14.63	-13.56	-4.63	-27.41	-10.29
Capital Expenditures, 2 Yr. CAGR %	4.87	34.66	-0.55	-44.33	-16.04
Levered Free Cash Flow, 2 Yr. CAGR %	95.25	-23.03	-46.38	-64.96	-75.19
Unlevered Free Cash Flow, 2 Yr. CAGR %	479.72	-36.57	-30.15	-30.86	-48.83
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-6.83	-4.23	1.02	-1.84	-4.35
Gross Profit, 3 Yr. CAGR %	-8.33	-8.06	-0.72	-8.75	-6.71
EBITDA, 3 Yr. CAGR %	-10.6	-12.19	-5.87	-7.44	-9.62
EBITA, 3 Yr. CAGR %	-14.03	-18.63	-10.22	-0.27	-0.38
EBIT, 3 Yr. CAGR %	-21.47	-29.71	-17.01	1.39	4.73
Earnings From Cont. Operations, 3 Yr. CAGR %	93.91	29.36	-46.8	-78.54	-39.25
Net Income, 3 Yr. CAGR %	83.03	47.26	-41.57	-58.69	-53.35
Normalized Net Income, 3 Yr. CAGR %	-41.98	-35.46	-24.64	-23.96	-21.14
Diluted EPS Before Extra, 3 Yr. CAGR %	82.64	47.72	-40.86	-73.41	-49.68
Accounts Receivable, 3 Yr. CAGR %	-7.22	-3.7	1.92	-4.39	-5.9
Inventory, 3 Yr. CAGR %	-10.17	7.39	12.55	1.74	-9.97
Net Property, Plant and Equip., 3 Yr. CAGR %	3.99	0.14	3.68	-23.82	-27.86
Total Assets, 3 Yr. CAGR %	1.78	-4	-5.32	-18.35	-16.02
Tangible Book Value, 3 Yr. CAGR %	-19.86	3.79	55.37	-15.08	-28.66
Common Equity, 3 Yr. CAGR %	-3.75	-9.44	-19.56	-11.78	-6.73
Cash From Operations, 3 Yr. CAGR %	-1.89	-6.3	-15.56	-15.9	-19.12
Capital Expenditures, 3 Yr. CAGR %	-3.97	20	4.51	-21.33	-37.61
Levered Free Cash Flow, 3 Yr. CAGR %	127.5	54.11	-44.04	-50.77	-68.85
Unlevered Free Cash Flow, 3 Yr. CAGR %	59.63	174.48	-31.67	-33.5	-35.86
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-4.24	-4.45	-2.96	-4.23	-2.65
Gross Profit, 5 Yr. CAGR %	-5.9	-5.73	-3.78	-10.16	-5.62
EBITDA, 5 Yr. CAGR %	-7.78	-9.64	-6.92	-10.31	-10.24
EBITA, 5 Yr. CAGR %	-10.91	-13.97	-9.86	-8.85	-8.29
EBIT, 5 Yr. CAGR %	-15.93	-21.71	-16.1	-12.41	-11.67
Earnings From Cont. Operations, 5 Yr. CAGR %	34.35	15.58	-0.79	-41.64	-39.52
Net Income, 5 Yr. CAGR %	36.77	21.14	0.42	-7.81	-47.18
Normalized Net Income, 5 Yr. CAGR %	-34.14	-31.13	-16.8	-35.67	-35.61
Diluted EPS Before Extra, 5 Yr. CAGR %	38.08	22.94	0.25	-29.07	-44.32
Accounts Receivable, 5 Yr. CAGR %	-7	-3.56	-2.01	-6.39	-3.75
Inventory, 5 Yr. CAGR %	0.87	2.12	-2.37	2.7	-0.59
Net Property, Plant and Equip., 5 Yr. CAGR %	2.11	3.43	4.59	-16.27	-16.51
Total Assets, 5 Yr. CAGR %	-0.36	-2.05	-1.08	-11.68	-12.89
Tangible Book Value, 5 Yr. CAGR %	-11.58	-4.96	-4.75	-13.45	4.74
Common Equity, 5 Yr. CAGR %	-3.86	-6.92	-6.92	-10.03	-14.16
Cash From Operations, 5 Yr. CAGR %	-5.19	-1.94	-3	-15.4	-16.94
Capital Expenditures, 5 Yr. CAGR %	-2.94	15.85	-2.61	-11.74	-15.13
Levered Free Cash Flow, 5 Yr. CAGR %	1.16	47.98	27.31	-14.78	-55.27
Unlevered Free Cash Flow, 5 Yr. CAGR %	0.04	14.46	14.7	58.12	-36.14