Cash flow Asia Cement Corporation

Equities

1102

TW0001102002

Construction Materials

End-of-day quote Taiwan S.E. Other stock markets 18/05/2026			5-day change	1st Jan Change
34.35 ^TWD	0.00%		-0.87%	-7.66%

05-14	Asia Cement Corporation Reports Earnings Results for the First Quarter Ended March 31, 2026	CI
05-13	Asia Cement says Jan-Mar net profit T$1.89 bln	RE

6b22b2a39880474c5a593a.NY8mT4qND9vpaZ9swP--DjzbM0labGsWQVcdlU6CLCg.QMx1e9PUYayTLa1el5fyZXCuAxsFHg5EEwVb8nf6Gk9MzXksvspmsdERzg

Published financial data: ASIA CEMENT CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	89.65B	90.34B	80.18B	76.3B	71.04B
Total Revenues	89.65B	90.34B	80.18B	76.3B	71.04B
Cost of Goods Sold, Total	68.47B	78.59B	69.75B	65.19B	59.8B
Gross Profit	21.18B	11.76B	10.44B	11.11B	11.24B
Selling General & Admin Expenses, Total	2.55B	3.07B	3B	2.97B	2.82B
Provision for Bad Debts	639M	-140M	-295M	-82.12M	-231M
Depreciation & Amortization - (IS)	237M	245M	261M	237M	223M
Amortization of Goodwill and Intangible Assets - (IS)	70.51M	8.87M	12.22M	14.22M	17.08M
Other Operating Expenses	-	-	-	-	-
Other Operating Expenses, Total	3.49B	3.18B	2.98B	3.14B	2.83B
Operating Income	17.69B	8.57B	7.46B	7.96B	8.41B
Interest Expense, Total	-894M	-1.3B	-1.77B	-1.67B	-1.51B
Interest And Investment Income	1.15B	1.36B	2.25B	2.2B	1.68B
Net Interest Expenses	251M	62.5M	474M	529M	173M
Income (Loss) On Equity Invest.	6.32B	4.31B	2.49B	4.37B	2.24B
Currency Exchange Gains (Loss)	-162M	604M	-29.28M	566M	-297M
Other Non Operating Income (Expenses)	-1.98B	77.91M	-382M	-11.96M	739M
EBT, Excl. Unusual Items	22.11B	13.63B	10.02B	13.42B	11.26B
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Investments	-232M	1.24B	2.55B	1.85B	799M
Gain (Loss) On Sale Of Assets	-	-	-	-	-76.06M
Asset Writedown	54.32M	327M	522M	730M	526M
Other Unusual Items	-	-	848M	-	-
EBT, Incl. Unusual Items	21.93B	15.2B	13.94B	16B	12.51B
Income Tax Expense	4.41B	2.6B	2.85B	3.35B	2.3B
Earnings From Continuing Operations	17.53B	12.6B	11.08B	12.65B	10.22B
Net Income to Company	17.53B	12.6B	11.08B	12.65B	10.22B
Minority Interest	-2.46B	-581M	-201M	236M	-185M
Net Income - (IS)	15.07B	12.02B	10.88B	12.89B	10.03B
Net Income to Common Incl Extra Items	15.07B	12.02B	10.88B	12.89B	10.03B
Net Income to Common Excl. Extra Items	15.07B	12.02B	10.88B	12.89B	10.03B
Per Share Items
Net EPS - Basic	4.7	3.63	3.28	3.86	3
Basic EPS - Continuing Operations	4.7	3.63	3.28	3.86	3
Basic Weighted Average Shares Outstanding	3.2B	3.31B	3.32B	3.34B	3.35B
Net EPS - Diluted	4.57	3.62	3.28	3.85	2.99
Diluted EPS - Continuing Operations	4.57	3.62	3.28	3.85	2.99
Diluted Weighted Average Shares Outstanding	3.32B	3.32B	3.32B	3.34B	3.35B
Normalized Basic EPS	3.55	2.4	1.83	2.58	2.05
Normalized Diluted EPS	3.43	2.39	1.82	2.58	2.05
Dividend Per Share	3.4	2.3	2.1	2.2	2.3
Payout Ratio	79.2	100.32	74.94	57.78	77.79
American Depositary Receipts Ratio (ADR)	10	10	10	10	10
Supplemental Items
EBITDA	22.2B	12.92B	11.79B	12.14B	12.17B
EBITA	17.99B	8.85B	7.74B	8.24B	8.66B
EBIT	17.69B	8.57B	7.46B	7.96B	8.41B
EBITDAR	22.52B	13.29B	12.18B	12.46B	12.5B
Effective Tax Rate - (Ratio)	20.09	17.11	20.47	20.94	18.37
Total Current Taxes	4.46B	2.68B	2.87B	2.55B	2.62B
Total Deferred Taxes	-57.95M	-75.86M	-16.37M	805M	-325M
Normalized Net Income	11.36B	7.94B	6.06B	8.62B	6.85B
Interest Capitalized	74.36M	893K	3.25M	5.1M	5.17M
Interest on Long-Term Debt	89.69M	37.84M	36.72M	35.14M	37.1M
Non-Cash Pension Expense	-19.99M	-15.74M	-37.33M	-39.01M	-53.53M
Supplemental Operating Expense Items
General and Administrative Expenses	1.37B	166M	1.62B	1.65B	1.5B
Net Rental Expense, Total	320M	378M	389M	321M	330M
Imputed Operating Lease Interest Expense	23.83M	35.27M	47.18M	39.11M	40.67M
Imputed Operating Lease Depreciation	296M	343M	341M	282M	289M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	33.45B	43.49B	33.23B	13.26B	12.98B
Short Term Investments	18.66B	16.07B	25.99B	47.8B	28.16B
Trading Asset Securities, Total	24.23B	26.71B	39.72B	32.41B	31.99B
Total Cash And Short Term Investments	76.34B	86.27B	98.94B	93.47B	73.13B
Accounts Receivable, Total	17.91B	14.13B	12.98B	13.23B	11.95B
Other Receivables	642M	888M	1.19B	1.43B	971M
Notes Receivable	-	-	-	-	-
Total Receivables	18.56B	15.02B	14.17B	14.66B	12.92B
Inventory	8.81B	8.67B	7.61B	7.46B	7.33B
Prepaid Expenses	1.91B	1.04B	1.23B	746M	1.18B
Other Current Assets, Total	341M	462M	390M	270M	672M
Total Current Assets	106B	111B	122B	117B	95.23B
Gross Property Plant And Equipment	124B	128B	130B	136B	137B
Accumulated Depreciation	-78.27B	-83.32B	-86.01B	-90.89B	-92.66B
Net Property Plant And Equipment	46.19B	44.77B	43.92B	45B	44.59B
Long-term Investments	90.32B	93.92B	97.04B	98.57B	114B
Goodwill	2.42B	2.46B	2.42B	2.54B	2.5B
Other Intangibles, Total	4.55B	4.33B	4.05B	3.95B	3.69B
Accounts Receivable Long-Term	16.3B	14.96B	13.55B	12.05B	10.47B
Deferred Tax Assets Long-Term	891M	790M	808M	881M	798M
Other Long-Term Assets, Total	50.42B	51.56B	52.6B	52.22B	52.31B
Total Assets	317B	324B	337B	332B	324B
Liabilities
Accounts Payable, Total	-	-	-	-	-
Short-term Borrowings	51.59B	55.75B	59.35B	47.08B	40.93B
Current Portion of Long-Term Debt	2.9B	1.59B	10.22B	18.87B	6.57B
Current Portion of Leases	187M	261M	254M	148M	188M
Current Income Taxes Payable	2.41B	1.36B	1.66B	1.46B	1.25B
Unearned Revenue Current, Total	1.12B	913M	705M	613M	931M
Other Current Liabilities	12.87B	11.08B	10.7B	11.48B	9.54B
Total Current Liabilities	71.08B	70.96B	82.89B	79.65B	59.42B
Long-Term Debt	52.18B	55.52B	48.67B	33.13B	47.54B
Long-Term Leases	1.08B	1.3B	1.1B	1B	1.19B
Unearned Revenue Non Current	696M	620M	587M	682M	761M
Pension & Other Post Retirement Benefits	131M	111M	56.74M	37.64M	7.49M
Deferred Tax Liability Non Current	10.3B	10.17B	10.2B	11.11B	10.66B
Other Non Current Liabilities	1.31B	1.33B	1.36B	1.37B	1.03B
Total Liabilities	137B	140B	145B	127B	121B
Common Stock, Total	35.46B	35.46B	35.47B	35.47B	35.47B
Additional Paid In Capital	5.99B	6.01B	8.57B	8.24B	8.24B
Retained Earnings	115B	115B	118B	124B	127B
Comprehensive Income and Other	485M	4.16B	7.22B	13.2B	9.93B
Total Common Equity	157B	161B	169B	181B	180B
Minority Interest	23.35B	23.42B	22.69B	23.5B	23.14B
Total Equity	180B	184B	192B	205B	203B
Total Liabilities And Equity	317B	324B	337B	332B	324B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	3.55B	3.55B	3.55B	3.55B	3.55B
ECS Total Common Shares Outstanding	3.55B	3.55B	3.55B	3.55B	3.55B
Book Value / Share	44.26	45.35	47.7	51.13	50.83
Tangible Book Value	150B	154B	163B	175B	174B
Tangible Book Value Per Share	42.29	43.44	45.88	49.3	49.09
Total Debt	108B	114B	120B	100B	96.43B
Net Debt	31.61B	28.16B	20.65B	6.76B	23.3B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-2.62B	-2.92B	-3.11B	-3.3B	-3.28B
Debt Equivalent Oper. Leases	2.56B	3.03B	3.11B	2.57B	2.64B
Minority Interest, Total (Incl. Fin. Div)	23.35B	23.42B	22.69B	23.5B	23.14B
Equity Method Investments, Total	79.13B	82.36B	84.21B	85.65B	82.19B
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	4.22B	3.14B	2.16B	1.97B	2.09B
Inventories - Work In Process, Total	1.04B	1.17B	1B	1.14B	1.05B
Inventories - Finished Goods, Total	1.97B	2.36B	2.55B	2.34B	2.25B
Inventories - Others	1.58B	1.99B	1.9B	2.01B	1.93B
Land - (BS)	7.1B	7.1B	8.15B	8.69B	8.69B
Buildings, Total	24.48B	25.04B	24.78B	25.32B	25.05B
Machinery, Total	87.11B	89.98B	90.49B	94.79B	94.99B
Full Time Employees	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	1.53B	1.4B	1.09B	1.03B	519M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	15.07B	12.02B	10.88B	12.89B	10.03B
Depreciation & Amortization - CF	4.61B	4.48B	4.46B	4.29B	3.9B
Amortization of Goodwill and Intangible Assets - (CF)	306M	278M	285M	276M	254M
Depreciation & Amortization, Total	4.92B	4.76B	4.74B	4.57B	4.15B
Amortization of Deferred Charges, Total - (CF)	66.77M	13.3M	15.83M	17.6M	18.84M
(Gain) Loss From Sale Of Asset	131M	10.2M	87.99M	84.8M	80.4M
(Gain) Loss on Sale of Investments - (CF)	-59.15M	-1.42B	-2.63B	-3.19B	-1.14B
Asset Writedown & Restructuring Costs	-54.32M	60.25M	-522M	-288M	-179M
(Income) Loss On Equity Investments - (CF)	-6.32B	-4.31B	-2.49B	-4.12B	-2.24B
Provision and Write-off of Bad Debts	639M	-140M	-295M	-82.12M	-231M
Other Operating Activities, Total	4.57B	2.11B	3.07B	3.44B	4B
Change in Trading Asset Securities	-8.91B	-996M	-9.58B	9.97B	1.54B
Change In Accounts Receivable	-832M	1.28B	2.64B	1.53B	1.87B
Change In Inventories	-2.24B	5.35M	1.15B	258M	62.84M
Change In Accounts Payable	2.68B	-1.12B	-536M	696M	-1.56B
Change in Unearned Revenues	-143M	-302M	-232M	-25.21M	404M
Change in Other Net Operating Assets	-917M	3.34B	978M	-945M	38.32M
Cash from Operations	8.6B	15.31B	7.27B	24.81B	16.84B
Capital Expenditure	-3.25B	-2.67B	-4.08B	-4B	-4.04B
Sale of Property, Plant, and Equipment	46.24M	11.24M	33.15M	114M	115M
Divestitures	-	-420K	-	-	-
Sale (Purchase) of Real Estate properties	-3.04M	-782K	-1.37M	-2.54M	17.3M
Sale (Purchase) of Intangible assets	-74.72M	-7.26M	-33.32M	-7.39M	-419M
Investment in Marketable and Equity Securities, Total	1.83B	3.82B	-9.63B	-14.88B	-44M
Other Investing Activities, Total	-207M	-104M	59.04M	-12.72M	-486M
Cash from Investing	-1.66B	1.05B	-13.66B	-18.79B	-4.86B
Short Term Debt Issued, Total	18.6B	4.56B	3.67B	-	2.24B
Long-Term Debt Issued, Total	35B	21.56B	13.44B	11.3B	29.78B
Total Debt Issued	53.61B	26.13B	17.11B	11.3B	32.02B
Short Term Debt Repaid, Total	-	-797M	-	-12.52B	-8.35B
Long-Term Debt Repaid, Total	-39.46B	-19.76B	-11.88B	-18.57B	-27.86B
Total Debt Repaid	-39.46B	-20.55B	-11.88B	-31.09B	-36.2B
Common Dividends Paid	-11.93B	-12.05B	-8.16B	-7.45B	-7.8B
Common & Preferred Stock Dividends Paid	-11.93B	-12.05B	-8.16B	-7.45B	-7.8B
Other Financing Activities, Total	-1.25B	-936M	-551M	-143M	-52.82M
Cash from Financing	966M	-7.42B	-3.48B	-27.38B	-12.04B
Foreign Exchange Rate Adjustments	-360M	1.09B	-394M	1.4B	-224M
Net Change in Cash	7.54B	10.04B	-10.26B	-19.97B	-278M
Supplemental Items
Cash Interest Paid	900M	1.29B	1.72B	1.67B	1.45B
Cash Income Tax Paid (Refund)	5.06B	3.72B	2.55B	2.76B	2.81B
Levered Free Cash Flow	10.31B	4.73B	5.69B	5.25B	3.23B
Unlevered Free Cash Flow	10.82B	5.54B	6.8B	6.29B	4.18B
Change In Net Working Capital	1.84B	1.91B	-1.5B	-741M	790M
Net Debt Issued / Repaid	14.15B	5.57B	5.23B	-19.79B	-4.18B

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	3.6	1.67	1.41	1.49	1.6
Return on Total Capital	3.96	1.83	1.53	1.61	1.74
Return On Equity %	10.01	6.91	5.89	6.38	5
Return on Common Equity	9.89	7.56	6.6	7.35	5.55
Margin Analysis
Gross Profit Margin %	23.62	13.01	13.02	14.56	15.82
SG&A Margin	2.84	3.4	3.74	3.9	3.97
EBITDA Margin %	24.76	14.3	14.71	15.91	17.14
EBITA Margin %	20.07	9.8	9.66	10.8	12.19
EBIT Margin %	19.73	9.49	9.3	10.44	11.83
Income From Continuing Operations Margin %	19.55	13.94	13.82	16.58	14.38
Net Income Margin %	16.81	13.3	13.57	16.89	14.12
Net Avail. For Common Margin %	16.81	13.3	13.57	16.89	14.12
Normalized Net Income Margin	12.67	8.78	7.56	11.3	9.65
Levered Free Cash Flow Margin	11.5	5.24	7.1	6.88	4.55
Unlevered Free Cash Flow Margin	12.07	6.13	8.48	8.25	5.88
Asset Turnover
Asset Turnover	0.29	0.28	0.24	0.23	0.22
Fixed Assets Turnover	1.73	1.99	1.81	1.72	1.59
Receivables Turnover (Average Receivables)	5.19	6.29	5.92	5.82	5.64
Inventory Turnover (Average Inventory)	8.89	8.99	8.57	8.65	8.08
Short Term Liquidity
Current Ratio	1.49	1.57	1.48	1.46	1.6
Quick Ratio	1.33	1.43	1.36	1.36	1.45
Operating Cash Flow to Current Liabilities	0.12	0.22	0.09	0.31	0.28
Days Sales Outstanding (Average Receivables)	70.35	58.07	61.7	62.86	64.69
Days Outstanding Inventory (Average Inventory)	41.07	40.6	42.59	42.32	45.15
Average Days Payable Outstanding	-	-	-	-	-
Cash Conversion Cycle (Average Days)	-	-	-	-	-
Long Term Solvency
Total Debt/Equity	59.88	62.11	62.33	48.93	47.41
Total Debt / Total Capital	37.45	38.31	38.4	32.85	32.16
LT Debt/Equity	29.55	30.84	25.94	16.66	23.96
Long-Term Debt / Total Capital	18.48	19.02	15.98	11.19	16.25
Total Liabilities / Total Assets	43.14	43.18	43.02	38.27	37.22
EBIT / Interest Expense	19.78	6.62	4.21	4.78	5.57
EBITDA / Interest Expense	25.27	10.29	6.88	7.52	8.32
(EBITDA - Capex) / Interest Expense	21.64	8.23	4.58	5.12	5.64
Total Debt / EBITDA	4.78	8.59	9.8	8	7.68
Net Debt / EBITDA	1.4	2.11	1.69	0.54	1.86
Total Debt / (EBITDA - Capex)	5.58	10.73	14.73	11.75	11.32
Net Debt / (EBITDA - Capex)	1.63	2.64	2.54	0.79	2.74
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	14.59	0.01	-11.24	-4.85	-6.89
Gross Profit, 1 Yr. Growth %	-9.21	-44.5	-11.21	6.42	1.19
EBITDA, 1 Yr. Growth %	-8.34	-41.82	-8.71	2.92	0.31
EBITA, 1 Yr. Growth %	-9.92	-50.82	-12.48	6.4	5.1
EBIT, 1 Yr. Growth %	-10.09	-51.54	-12.96	6.75	5.56
Earnings From Cont. Operations, 1 Yr. Growth %	-6.64	-28.13	-12.01	14.16	-19.27
Net Income, 1 Yr. Growth %	2.43	-20.25	-9.43	18.44	-22.19
Normalized Net Income, 1 Yr. Growth %	4	-31.11	-23.66	42.37	-21.01
Diluted EPS Before Extra, 1 Yr. Growth %	3.65	-20.82	-9.43	17.38	-22.34
Accounts Receivable, 1 Yr. Growth %	7.61	-3.34	-8.13	1.93	-9.66
Inventory, 1 Yr. Growth %	33.61	-1.65	-12.2	-1.92	-1.79
Net Property, Plant and Equip., 1 Yr. Growth %	-20.03	-3.07	-1.89	2.46	-0.91
Total Assets, 1 Yr. Growth %	6.72	2.27	3.85	-1.46	-2.35
Tangible Book Value, 1 Yr. Growth %	6.72	2.71	5.63	7.47	-0.44
Common Equity, 1 Yr. Growth %	6.2	2.48	5.19	7.2	-0.59
Cash From Operations, 1 Yr. Growth %	-56.19	78.08	-52.51	241.26	-32.12
Capital Expenditures, 1 Yr. Growth %	-48.36	-17.96	53.09	-1.93	0.87
Levered Free Cash Flow, 1 Yr. Growth %	6.08	-65.25	20.34	-7.76	-38.45
Unlevered Free Cash Flow, 1 Yr. Growth %	4.43	-60.76	22.76	-7.46	-33.65
Dividend Per Share, 1 Yr. Growth %	-4.23	-32.37	-8.68	4.76	4.55
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	0.17	7.45	-5.79	-8.1	-5.87
Gross Profit, 2 Yr. CAGR %	-9.04	-29.01	-29.8	-2.8	3.77
EBITDA, 2 Yr. CAGR %	-10.61	-26.98	-27.12	-3.07	1.61
EBITA, 2 Yr. CAGR %	-12.21	-33.44	-34.39	-3.5	5.75
EBIT, 2 Yr. CAGR %	-10.47	-33.99	-35.05	-3.61	6.15
Earnings From Cont. Operations, 2 Yr. CAGR %	-11.23	-18.09	-20.48	0.22	-4
Net Income, 2 Yr. CAGR %	-7.1	-9.62	-15.02	3.57	-4
Normalized Net Income, 2 Yr. CAGR %	-5.94	-14.76	-27.48	4.25	6.37
Diluted EPS Before Extra, 2 Yr. CAGR %	-6.7	-9.41	-15.32	3.11	-4.52
Accounts Receivable, 2 Yr. CAGR %	-10.15	-7.88	-5.76	-3.23	-4.04
Inventory, 2 Yr. CAGR %	6.37	14.63	-7.07	-7.2	-1.86
Net Property, Plant and Equip., 2 Yr. CAGR %	-8.99	-11.96	-2.48	0.26	0.76
Total Assets, 2 Yr. CAGR %	3.27	4.47	3.06	1.16	-1.9
Tangible Book Value, 2 Yr. CAGR %	3.84	4.7	4.16	6.55	3.44
Common Equity, 2 Yr. CAGR %	3.65	4.32	3.83	6.19	3.23
Cash From Operations, 2 Yr. CAGR %	-51.97	-11.68	-8.04	27.3	52.2
Capital Expenditures, 2 Yr. CAGR %	-6.96	-34.91	12.07	22.53	-0.54
Levered Free Cash Flow, 2 Yr. CAGR %	-37.62	-30.25	-35.33	5.36	-24.65
Unlevered Free Cash Flow, 2 Yr. CAGR %	-37.44	-26.88	-30.59	6.59	-21.64
Dividend Per Share, 2 Yr. CAGR %	6.46	-19.52	-21.41	-2.19	4.65
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	2.71	0.37	0.82	-5.47	-7.7
Gross Profit, 3 Yr. CAGR %	0.04	-22.85	-23.52	-19.36	-1.49
EBITDA, 3 Yr. CAGR %	-1.14	-22.54	-21.34	-18.24	-1.96
EBITA, 3 Yr. CAGR %	-0.61	-27.63	-27.08	-22.92	-0.72
EBIT, 3 Yr. CAGR %	-0.86	-27.03	-27.62	-23.35	-0.65
Earnings From Cont. Operations, 3 Yr. CAGR %	5.59	-17.27	-16.11	-10.29	-6.75
Net Income, 3 Yr. CAGR %	10.67	-11.71	-9.56	-5.07	-5.85
Normalized Net Income, 3 Yr. CAGR %	5.87	-14.82	-17.84	-9.2	-4.77
Diluted EPS Before Extra, 3 Yr. CAGR %	9.42	-11.67	-9.41	-5.58	-6.19
Accounts Receivable, 3 Yr. CAGR %	-8.4	-13.97	-7.96	-3.27	-5.42
Inventory, 3 Yr. CAGR %	-3.49	3.62	4.88	-5.39	-5.43
Net Property, Plant and Equip., 3 Yr. CAGR %	-4.21	-7.06	-8.72	-0.86	-0.13
Total Assets, 3 Yr. CAGR %	4.33	2.94	4.26	1.53	-0.02
Tangible Book Value, 3 Yr. CAGR %	3.77	3.46	5.01	5.25	4.17
Common Equity, 3 Yr. CAGR %	4.4	3.26	4.61	4.94	3.88
Cash From Operations, 3 Yr. CAGR %	-7.07	-25.67	-28.18	42.37	3.23
Capital Expenditures, 3 Yr. CAGR %	-8.73	-10.78	-13.44	7.19	14.84
Levered Free Cash Flow, 3 Yr. CAGR %	30.67	-43.7	-16.34	-27.2	-11.92
Unlevered Free Cash Flow, 3 Yr. CAGR %	24.05	-41.48	-13.09	-23.61	-8.99
Dividend Per Share, 3 Yr. CAGR %	6.69	-8.48	-16.05	-13.51	0.01
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	8.03	6.84	-0.63	-3.11	-1.91
Gross Profit, 5 Yr. CAGR %	19.79	2.94	-13.18	-15.38	-13.59
EBITDA, 5 Yr. CAGR %	13.95	0.66	-12.49	-15.27	-12.86
EBITA, 5 Yr. CAGR %	23.3	2.93	-15.82	-18.8	-15.39
EBIT, 5 Yr. CAGR %	23.19	2.88	-16.29	-18.44	-15.64
Earnings From Cont. Operations, 5 Yr. CAGR %	30.21	13.58	-5.73	-10.67	-11.46
Net Income, 5 Yr. CAGR %	30.73	17.05	-0.43	-5.89	-7.37
Normalized Net Income, 5 Yr. CAGR %	27.9	14.22	-8.74	-7.65	-8.9
Diluted EPS Before Extra, 5 Yr. CAGR %	29.81	15.82	-1.24	-6.03	-7.49
Accounts Receivable, 5 Yr. CAGR %	4.28	-5.01	-11.05	-9.83	-6.41
Inventory, 5 Yr. CAGR %	4.95	5.69	-4.94	-0.85	2.13
Net Property, Plant and Equip., 5 Yr. CAGR %	-4.72	-3.59	-3.52	-4.2	-5.04
Total Assets, 5 Yr. CAGR %	5.86	5.59	3.82	2.22	1.75
Tangible Book Value, 5 Yr. CAGR %	4.95	4.62	3.93	4.69	4.38
Common Equity, 5 Yr. CAGR %	5.05	4.76	4.17	4.42	4.06
Cash From Operations, 5 Yr. CAGR %	-7.68	13.47	-7.46	-7.82	-3.01
Capital Expenditures, 5 Yr. CAGR %	21.06	18.17	-0.92	1.29	-8.49
Levered Free Cash Flow, 5 Yr. CAGR %	-0.02	2.58	4.25	-27.66	-19.77
Unlevered Free Cash Flow, 5 Yr. CAGR %	-0.95	0.99	3.71	-25.62	-16.62
Dividend Per Share, 5 Yr. CAGR %	30.45	13.89	-5.59	-6.01	-8.31