Intercorp Financial Services Inc. (IFS)
Intercorp Financial Services Inc. (IFS) is a Peruvian entity providing a wide array of financial solutions, encompassing banking, insurance, and wealth management, to both individual and corporate clients throughout Peru. The company operates through three primary divisions: Banking, Insurance, and Wealth Management. Its banking segment offers diverse deposit options, such as various transactional and savings accounts, investment accounts, and fixed-term instruments including certificates of deposit and compensation for service time accounts. For retail customers, IFS provides credit cards, mortgages, payroll-deduction loans, general consumer loans, as well as specialized cash, student, and collateralized cash loans. Business clients, from small to large enterprises, benefit from commercial banking services covering corporate financing, commercial real estate, vehicle and equipment loans, cash management, trade finance, and electronic factoring. Additionally, the company manages treasury and institutional banking, along with securitization services. Within its insurance operations, IFS offers annuities, conventional life insurance, and other retail insurance products. The wealth management arm delivers financial advisory services across equities, fixed income, structured products, alternative investments, and managed accounts, complemented by brokerage and investment management offerings. Founded in 1897 and headquartered in Lima, Peru, Intercorp Financial Services Inc. maintained a significant operational network as of December 31, 2021, comprising 189 financial branches and 1,581 ATMs. The company functions as a subsidiary of Intercorp Perú Ltd.
Sector: Commercial Banks, NEC
Industry: Banks - Regional
Intercorp Financial Services Inc.
NYSE:IFSFinancial Services · Banks - Regional
-0.33%$51.65
AH Close$51.65+0.00%vs close
AH Close$51.65+0.00%vs close
Mkt Cap$5.7B
Float26.3M
O/S110.4M
Inst Own15.1%
Div Yield3.48%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$2.69B
Net Income$529.54M
Total Assets$28.81B
Free Cash Flow$380M
Debt & Equity
Debt 51%
Equity 49%
Total Debt$3.71B
Total Equity$3.59B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in IFS's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$28.81B
Liabilities$25.19B
Accounts Receivable$653.82M
Accounts Payable$71.68M
Inventory$0
PP&E (Net)$281.17M
Goodwill$194.5M
Intangible Assets$278.21M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 |
| Revenue | $2.69B | $2.57B | $2.56B | $2.16B | $1.83B | $1.77B | $1.83B | $1.62B | $1.48B | $1.41B | $1.6B | $1.37B | $1.21B | $1.04B | $991.23M | $739.33M | $681.96M | $573.03M | $451.83M | $335.02M |
| YoY Growth | 4.3% | 0.7% | 18.5% | 17.8% | 3.3% | -3.4% | 13.4% | 9.3% | 4.7% | -11.8% | 17.1% | 12.8% | 16.6% | 4.9% | 34.1% | 8.4% | 19.0% | 26.8% | 34.9% | - |
| Cost of Revenue | $932.87M | $1.18B | $1.3B | $688.26M | $398.25M | $1.03B | $620.03M | $522.92M | $557.92M | $532.89M | $447.65M | $345.15M | $291.8M | $267.82M | $266.82M | $130.73M | $130.81M | $152.79M | $88.47M | $58.24M |
| Gross Profit | $1.75B | $1.4B | $1.26B | $1.47B | $1.43B | $743.47M | $1.21B | $1.09B | $920.6M | $879.8M | $1.15B | $1.02B | $921.15M | $772.28M | $724.41M | $608.6M | $551.15M | $420.24M | $363.36M | $276.78M |
| Gross Margin | 65.3% | 54.2% | 49.3% | 68.1% | 78.2% | 42.0% | 66.2% | 67.7% | 62.3% | 62.3% | 72.1% | 74.8% | 75.9% | 74.3% | 73.1% | 82.3% | 80.8% | 73.3% | 80.4% | 82.6% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $305.7M | $734.57M | $713.9M | $696.34M | $623.16M | $536.45M | $557.7M | $577.07M | $472.11M | $456.01M | $503.85M | $437.02M | $428.87M | $350.7M | $334.53M | $283.13M | $249.52M | $0 | $0 | $0 |
| Other | $771.46M | $183.28M | $155.12M | $142.06M | $113.22M | $103.43M | $96.07M | $68.49M | $57.76M | $56.34M | $181.15M | $209.67M | $128.07M | $157.05M | $120.8M | $122.66M | $110.51M | $319.77M | $244.75M | $199.19M |
| Total Operating Expenses | $1.08B | $917.86M | $869.02M | $838.39M | $736.38M | $639.88M | $653.77M | $645.56M | $529.87M | $512.35M | $685M | $646.69M | $556.94M | $507.75M | $455.33M | $405.79M | $360.03M | $319.77M | $244.75M | $199.19M |
| Operating Income (EBIT) | $677.78M | $478.49M | $391.41M | $629.7M | $695.25M | $103.59M | $559.8M | $448.23M | $390.73M | $367.45M | $469.92M | $376.93M | $364.2M | $264.52M | $269.08M | $202.82M | $191.12M | $100.47M | $118.61M | $77.6M |
| Operating Margin | 25.2% | 18.6% | 15.3% | 29.2% | 38.0% | 5.8% | 30.5% | 27.7% | 26.4% | 26.0% | 29.3% | 27.5% | 30.0% | 25.4% | 27.1% | 27.4% | 28.0% | 17.5% | 26.3% | 23.2% |
| Interest Expense | $619.01M | $675.1M | $730.01M | $460.52M | $287M | $327.58M | $396.14M | $330.41M | $314.71M | $304.28M | $258.9M | $221.45M | $184.25M | $149.13M | $149.85M | $130.73M | $130.81M | $152.79M | $88.47M | $58.24M |
| Interest Income | $1.89B | $2.03B | $2.06B | $1.68B | $1.31B | $1.33B | $1.39B | $1.24B | $1.1B | $1.07B | $971.73M | $822.3M | $699.3M | $697.53M | $587.81M | $624.4M | $576.57M | $472.21M | $352.36M | $260.44M |
| Other Income (Expense) | -$2.09M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Income Before Tax (EBT) | $675.7M | $478.49M | $391.41M | $629.7M | $695.25M | $103.59M | $559.8M | $448.23M | $390.73M | $367.45M | $469.92M | $376.93M | $364.2M | $264.52M | $269.08M | $202.82M | $191.12M | $100.47M | $118.61M | $77.6M |
| Income Tax Expense | $145.3M | $91.39M | $80.12M | $134.46M | $145.97M | -$21.2M | $143.41M | $120.79M | $94.92M | $97.05M | $102.5M | $89.86M | $77.26M | $58.17M | $64.92M | $56.81M | $42.84M | $27.41M | $30.57M | $19.8M |
| Net Income | $529.54M | $377.94M | $311.84M | $484.9M | $520.4M | $111.41M | $418.98M | $315.2M | $298.66M | $274.6M | $358.08M | $275.91M | $282.03M | $205.15M | $203.05M | $145.09M | $147.25M | $72.5M | $80.77M | $54.61M |
| Net Income Margin | 19.7% | 14.7% | 12.2% | 22.5% | 28.4% | 6.3% | 22.8% | 19.5% | 20.2% | 19.4% | 22.3% | 20.2% | 23.3% | 19.7% | 20.5% | 19.6% | 21.6% | 12.7% | 17.9% | 16.3% |
| Supplementary Data | ||||||||||||||||||||
| EPS | 16.31 | 11.38 | 9.33 | 14.39 | 15.51 | 3.32 | 12.78 | 9.82 | 9.63 | 8.72 | 11.30 | 8.68 | 8.83 | 7.81 | 7.71 | 5.47 | 5.51 | 2.70 | 3.14 | 2.22 |
| Diluted EPS | 16.31 | 11.38 | 9.33 | 14.39 | 15.51 | 3.32 | 12.78 | 9.82 | 9.63 | 8.72 | 11.30 | 8.68 | 8.83 | 7.81 | 7.71 | 5.47 | 5.51 | 2.70 | 3.14 | 2.22 |
| Weighted Average OS | 111.71M | 114.29M | 115.01M | 115.42M | 115.42M | 115.45M | 112.79M | 110.44M | 106.74M | 108.38M | 109.06M | 109.39M | 109.89M | 90.41M | 90.59M | 91.21M | 91.93M | 92.45M | 88.54M | 84.49M |
| EBITDA | $806.59M | $598.56M | $501.6M | $727.44M | $776.55M | $181.71M | $635.97M | $496.11M | $432.93M | $405.27M | $502.2M | $407.57M | $392.23M | $293.91M | $295.94M | $237.01M | $215.55M | $117.29M | $134.26M | $93.39M |
| EBITDA Margin | 30.0% | 23.2% | 19.6% | 33.7% | 42.4% | 10.3% | 34.7% | 30.7% | 29.3% | 28.7% | 31.3% | 29.8% | 32.3% | 28.3% | 29.9% | 32.1% | 31.6% | 20.5% | 29.7% | 27.9% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 |
| Assets | ||||||||||||||||||||
| Current Assets | ||||||||||||||||||||
| Cash and Cash Equivalents | $3.48B | $3.55B | $2.79B | $3.78B | $4.98B | $5.28B | $2.89B | $2.2B | $2.8B | $3.42B | $2.62B | $1.67B | $2.15B | $1.6B | $707.04M | $1.31B | $928.39M | $764.86M | $485.65M | $392.93M |
| Short-Term Investments | $31.55M | $6.16B | $6.31B | $5.1B | $5.39B | $5.68B | $4.45B | $4.12B | $4.49B | $2.77B | $2.35B | $2.41B | $1.61B | $883.38M | $1.03B | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $3.51B | $9.7B | $9.1B | $8.88B | $10.37B | $10.96B | $7.34B | $6.32B | $7.29B | $6.19B | $4.97B | $4.09B | $3.77B | $2.48B | $1.74B | $1.31B | $928.39M | $764.86M | $485.65M | $392.93M |
| Accounts Receivable | $653.82M | $1.59B | $1.48B | $1.14B | $974.54M | $912.98M | $946.41M | $1.03B | $1.46B | $309.24M | $2.17B | $2.11B | $1.85B | $1.53B | $1.52B | $205.45M | $167.47M | $165.19M | $89.59M | $64.49M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | -$420.67M | -$10.52B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $3.81B | $977.85M | $10.7B | $10.03B | $11.42B | $11.87B | $8.29B | $7.36B | $8.76B | $6.52B | $7.15B | $6.23B | $5.65B | $4.02B | $3.27B | $1.51B | $1.1B | $930.06M | $575.24M | $457.42M |
| Long-Term Assets | ||||||||||||||||||||
| Property, Plant & Equipment Net | $281.17M | $236.76M | $233.97M | $230.07M | $236.96M | $245.48M | $276.44M | $180.97M | $178.1M | $171.46M | $168.36M | $167.79M | $166.92M | $130.39M | $129.14M | $140.11M | $155.4M | $151.27M | $125.63M | $115.53M |
| Goodwill | $194.5M | $194.5M | $194.5M | $194.5M | $125.19M | $125.19M | $125.19M | $125.84M | $125.84M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $278.21M | $290.32M | $295.95M | $280.27M | $178.52M | $177.89M | $159.48M | $151.65M | $142.07M | $77.73M | $57.95M | $42.39M | $39.44M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $23.59B | $14.89B | $13.94B | $14.04B | $14.28B | $12.6B | $11.2B | $9.9B | $7.87B | $8.11B | $5.87B | $4.83B | $4.34B | $3.39B | $2.98B | $1.06B | $2.8B | $2.61B | $1.03B | $1.21B |
| Deferred Tax Assets | $12.17M | $5.58M | $16.26M | $48.19M | $41.39M | $102.78M | $13.08M | $23.1M | $15.49M | $9.96M | $12.08M | $2.99M | $4.66M | $9.11M | $16.41M | $0 | $10.79M | $22.88M | $0 | $1.05M |
| Other Long-Term Assets | $635.47M | $11.16B | $677.26M | $603.82M | -$129.58M | $527.85M | $743.21M | $792.76M | $471.18M | $150.34M | $1.28B | $459.79M | $319.45M | $153.65M | $172.11M | -$1.2B | $1.24B | $1.13B | -$1.16B | $865.3M |
| Total Long-Term Assets | $24.99B | $26.79B | $15.36B | $15.4B | $14.73B | $13.78B | $12.51B | $11.17B | $8.8B | $8.52B | $7.39B | $5.5B | $4.87B | $3.71B | $3.33B | $1.2B | $4.21B | $3.91B | $1.16B | $2.19B |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.65B | $0 | $0 | $1.74B | $0 |
| Total Assets | $28.81B | $27.76B | $26.05B | $25.43B | $26.15B | $25.65B | $20.8B | $18.53B | $17.56B | $15.03B | $14.54B | $11.73B | $10.52B | $7.73B | $6.6B | $6.36B | $5.3B | $4.84B | $3.47B | $2.64B |
| Liabilities | ||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||
| Accounts Payable | $71.68M | $127.43M | $68.81M | $34.41M | $178.79M | $68.42M | $37.21M | $95.24M | $52.9M | $337.81M | $79.57M | $74.53M | $51.72M | $14.3M | $25.29M | $154.9M | $149.29M | $160.67M | $86.38M | $65.28M |
| Short-Term Debt | $1.85B | $707.08M | $585.65M | $541.72M | $463.79M | $422.51M | $456.6M | $403.09M | $419.17M | $468.2M | $473.32M | $400.68M | $366.21M | $293.95M | $236.19M | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $23.35M | $40.36M | $22.33M | $11.29M | $22.22M | $29.39M | $18.97M | $15.16M | $16.83M | $4.05M | $4.3M | $4.89M | $14.83M | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | -$437.7M | $15.41B | $14.08B | $13.84B | $16.69B | $13.15B | $10.51B | $9.28B | $9.02B | $10.3B | $7.87B | $6.79B | $6.41B | $4.24B | $3.82B | -$1.33M | $3.35B | $3.51B | $815K | $1.82B |
| Total Current Liabilities | $1.85B | $16.27B | $14.73B | $14.41B | $17.33B | $13.64B | $11B | $9.78B | $9.49B | $11.1B | $8.42B | $7.27B | $6.83B | $4.54B | $4.09B | $153.57M | $3.5B | $3.68B | $87.2M | $1.89B |
| Long-Term Liabilities | ||||||||||||||||||||
| Long-Term Debt | $1.83B | $2.69B | $2.55B | $2.47B | $2.44B | $2.35B | $2.15B | $2.09B | $1.82B | $1.48B | $1.84B | $1.62B | $1.44B | $1.4B | $1.01B | $0 | $760.12M | $313.38M | $54.47M | $77.89M |
| Long-Term Unearned Revenue | $635.33M | $390.94M | $300.56M | $270.5M | $227.56M | $160.51M | $125.89M | $17.29M | $15.74M | $16.64M | $16.88M | $16.71M | $15.46M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $39.57M | $40.89M | $22.01M | $23.81M | $9.87M | $3K | $4K | $15K | $75K | $1.15M | $1.21M | $3.02M | $4.26M | $462K | $647K | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $20.81B | $5.14B | $5.52B | $5.48B | $3.54B | $6.82B | $4.83B | $4.59B | $4.53B | $976.49M | $2.96B | $1.57B | $1.15B | $942.02M | $811.66M | $0 | $512.86M | $441.66M | -$54.47M | $440.9M |
| Total Long-Term Liabilities | $23.35B | $8.3B | $8.41B | $8.28B | $6.28B | $9.41B | $7.21B | $6.69B | $6.37B | $2.48B | $4.82B | $3.21B | $2.61B | $2.34B | $1.83B | $1.56B | $1.27B | $755.04M | $54.47M | $518.79M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4.04B | $0 | $0 | $2.94B | $0 |
| Total Liabilities | $25.19B | $24.57B | $23.14B | $22.69B | $23.61B | $23.05B | $18.22B | $16.47B | $15.86B | $13.58B | $13.24B | $10.48B | $9.44B | $6.89B | $5.91B | $5.75B | $4.77B | $4.43B | $3.08B | $2.41B |
| Stockholders' Equity | ||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $301.73M | $301.75M | $301.75M | $301.75M | $301.75M | $301.75M | $301.75M | $280.08M | $280.08M | $280.08M | $280.08M | $280.08M | $304.07M | $232.44M | $232.44M | $232.44M | $232.44M | $232.44M | $228.83M | $101.55M |
| Retained Earnings | $634.66M | $2.83B | $849.3M | $685.9M | $645.33M | $378.88M | $623.76M | $349.73M | $454.93M | $590.94M | $522.58M | $902.22M | $749.66M | $529.43M | $431.35M | $320.5M | $235.09M | $99.58M | $78.19M | $120.04M |
| Comprehensive Income & Other | -$10.47M | -$54.6M | $1.61B | $1.58B | $1.42B | $1.75B | $1.5B | $1.4B | $1.01B | $621.2M | $476.35M | $41.19M | $7.88M | $60.25M | $6.64M | -$155.43M | $0 | $0 | -$116.59M | $0 |
| Other Stockholders' Equity | $2.65B | $40.1M | $1.74B | $1.74B | $1.58B | $1.91B | $1.65B | $1.42B | $951.22M | $547.35M | $460.61M | $36.05M | $19.61M | $78.52M | $22.07M | $56.8M | $58.46M | $76.92M | $72.07M | $0 |
| Total Equity | $3.59B | $3.17B | $2.89B | $2.72B | $2.52B | $2.59B | $2.57B | $2.05B | $1.69B | $1.42B | $1.26B | $1.22B | $1.07B | $840.39M | $685.86M | $609.74M | $525.99M | $408.94M | $379.09M | $221.59M |
| Minority Interest | $21.29M | $18.42M | $16.83M | $15.63M | $14.53M | $13.33M | $13.54M | $11.74M | $10.57M | $34.66M | $33.54M | $32.33M | $5.88M | $4.98M | $4.03M | $3.44M | $3.86M | $1.93M | $7.61M | $15M |
| Total Liabilities and Equity | $28.78B | $27.74B | $26.04B | $25.42B | $26.14B | $25.64B | $20.79B | $18.52B | $17.55B | $15B | $14.5B | $11.7B | $10.51B | $7.73B | $6.6B | $6.36B | $5.3B | $4.84B | $3.46B | $2.63B |
| Supplementary Data | ||||||||||||||||||||
| Total Debt | $3.71B | $3.44B | $3.16B | $3.05B | $2.97B | $2.85B | $2.71B | $2.49B | $2.24B | $1.95B | $2.31B | $2.02B | $1.81B | $1.69B | $1.25B | $1.56B | $760.12M | $313.38M | $54.47M | $77.89M |
| Net Debt | $230.59M | -$110.2M | $371.04M | -$735.18M | -$2.01B | -$2.43B | -$179.92M | $285.88M | -$558.33M | -$1.47B | -$312.32M | $347.7M | -$347.04M | $93.43M | $543.75M | $248.94M | -$168.27M | -$451.49M | -$431.18M | -$315.04M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 |
| Operating Activities | ||||||||||||||||||||
| Net Income | $564.89M | $380.08M | $313.75M | $487.83M | $523.32M | $111.5M | $421.55M | $317.27M | $300.43M | $276.22M | $360.12M | $279.8M | $283.32M | $206.35M | $204.16M | $146.01M | $148.28M | $73.06M | $82.89M | $58.39M |
| Depreciation & Amortization | $130.89M | $120.08M | $110.19M | $97.74M | $81.31M | $78.13M | $76.17M | $47.88M | $42.2M | $37.83M | $32.29M | $30.64M | $28.03M | $29.39M | $26.86M | $34.2M | $24.43M | $16.82M | $15.65M | $15.79M |
| Deferred Income Tax | -$10.9M | $29.09M | $29.72M | -$128K | $59.81M | -$89.56M | $11.21M | $3.99M | -$1.27M | $303K | -$9.05M | -$2.27M | -$5.98M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||
| Accounts Receivable | $154.49M | -$54.27M | -$134.66M | $47.34M | -$62.6M | -$97.95M | $937K | -$120.56M | $61.62M | -$25.48M | -$126.53M | -$64.73M | -$17.19M | -$1.8M | $10.04M | $0 | $898K | -$14.35M | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | -$1.51B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $77.95M | $378.51M | $218.97M | $180.13M | $687.96M | $497.46M | $258.62M | $268.55M | $235.19M | $173.57M | $598.2M | $421.2M | $4.99M | $4.27M | -$12.66M | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$528.26M | -$379.39M | -$135.55M | -$1.29B | -$851.7M | $2.77B | $1.21B | -$1.17B | $264.79M | -$176.04M | $382.1M | -$444.33M | $517.61M | $109.87M | $97.83M | $0 | $18.17M | $15.52M | $0 | $0 |
| Total Working Capital Change | -$295.83M | -$55.15M | -$51.24M | -$1.06B | -$226.34M | $3.17B | -$41.21M | -$1.02B | $561.6M | -$27.95M | $853.78M | -$87.87M | $505.41M | $112.35M | $95.21M | $80.41M | $19.07M | $1.17M | $21.5M | $40.2M |
| Other Non-Cash Items | $143.09M | -$961.75M | $433.4M | $179.18M | -$46.87M | $506.06M | $17.39M | $55.31M | $87.06M | $119.57M | $99.96M | -$18.56M | $13.62M | $65.46M | $85.7M | $72.65M | $56.38M | $55.21M | $8.71M | $26.44M |
| Net Cash from Operating | $532.15M | -$516.74M | $835.83M | -$294.21M | $391.23M | $3.78B | $485.11M | -$594.59M | $990.02M | $405.98M | $1.34B | $201.74M | $824.41M | $413.55M | $411.93M | $333.26M | $248.16M | $146.26M | $128.74M | $140.82M |
| Investing Activities | ||||||||||||||||||||
| Capital Expenditures | -$87.63M | -$30.44M | -$42.92M | -$39.26M | -$25.37M | -$15.22M | -$61.26M | -$21.14M | -$24.62M | -$23.21M | -$19.81M | -$21.32M | -$22.51M | -$22.32M | -$9.54M | -$25.51M | -$30.34M | -$42.32M | -$25.57M | -$13.76M |
| Acquisitions | $0 | $0 | $0 | -$56.17M | $0 | $0 | $0 | $0 | -$192.02M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $27.47M | $0 |
| Purchases of Investments | -$103.46M | -$116.83M | -$907.12M | -$249.3M | -$555.76M | -$1.09B | $0 | -$78.45M | -$370.7M | -$336.89M | -$170.59M | -$782.17M | -$196.35M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $42.41M | $0 | $0 | $7.61M | $0 | $87.59M | $14.27M | $265.6M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$81.75M | $28.39M | -$76.93M | -$60.38M | -$95.18M | -$74.8M | $20.04M | $13.67M | -$82.74M | -$55.06M | -$40.55M | -$40.99M | -$29.26M | -$9.04M | -$10.68M | $3.03M | $5.45M | $13.63M | $3.48M | $2.89M |
| Net Cash from Investing | -$272.84M | -$2.05M | -$1.03B | -$405.11M | -$676.32M | -$1.18B | $1.19M | -$85.91M | -$670.07M | -$407.55M | -$230.95M | -$756.89M | -$233.85M | $234.24M | -$20.23M | -$22.48M | -$24.89M | -$28.69M | $5.38M | -$10.87M |
| Financing Activities | ||||||||||||||||||||
| Debt Repaid | -$80M | -$103.85M | $702.32M | $151.32M | $66.05M | -$43.66M | -$133.57M | -$139.41M | -$249.09M | $25.69M | $73.28M | -$259.91M | -$7.04M | -$446.06M | $278.23M | -$56.01M | $187.33M | $679.3M | $261.41M | $150.47M |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $198.88M | $111.51M | $26.18M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $99.3M | $0 |
| Common Stock Repurchases | -$76.32M | -$35.67M | -$23.53M | $0 | -$173K | -$748K | -$57K | $0 | $0 | -$58.11M | -$10.59M | -$16.88M | $0 | $0 | $0 | $0 | $0 | $0 | -$21.58M | -$982K |
| Dividends Paid | -$118.27M | -$124.24M | -$148.78M | -$218.47M | -$184.26M | -$202.98M | -$190.25M | -$148.46M | -$138.31M | -$144.44M | -$164.01M | -$128.94M | -$125.8M | -$108.62M | -$85.32M | -$74.33M | -$36.19M | -$32.78M | $0 | -$14.26M |
| Other Financing Activities | -$884K | $1.42B | -$1.39M | -$1.21M | -$9K | -$640K | $118.25M | -$28.14M | -$20.15M | -$763K | -$649K | -$599K | -$529K | -$91.49M | -$629.13M | $71.47M | $165.53M | $878.07M | $149.7M | $31.94M |
| Net Cash from Financing | -$115.47M | $1.36B | -$876.01M | -$371M | -$250.5M | -$160.71M | $309.56M | $65.6M | -$87.11M | -$62.64M | -$229.63M | $53.17M | -$96.67M | $200.81M | -$986.98M | $53.15M | -$57.99M | $165.99M | -$34.12M | -$133.77M |
| Forex Effect | -$36.11M | $3.63M | $10.87M | -$7.76M | $32.79M | -$28.81M | $7.83M | -$6.79M | -$21.04M | -$18.38M | $92.67M | -$9.4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $107.73M | $843.95M | -$1.06B | -$1.08B | -$502.8M | $2.41B | $803.7M | -$621.68M | $211.8M | -$82.59M | $969.18M | -$511.38M | $493.89M | $848.6M | -$595.27M | $363.92M | $165.28M | $283.56M | $100.01M | -$3.82M |
| Supplementary Data | ||||||||||||||||||||
| Operating Cash Flow | $532.15M | -$516.74M | $835.83M | -$294.21M | $391.23M | $3.78B | $485.11M | -$594.59M | $990.02M | $405.98M | $1.34B | $201.74M | $824.41M | $413.55M | $411.93M | $333.26M | $248.16M | $146.26M | $128.74M | $140.82M |
| Capital Expenditure | -$152.15M | -$30.44M | -$124.43M | -$105.32M | -$74.95M | -$72.22M | -$61.26M | -$58.33M | -$71.28M | -$61.75M | -$50.2M | -$35.7M | -$34.06M | -$34.89M | -$20.58M | -$25.51M | -$30.92M | -$43.15M | -$25.57M | -$13.76M |
| Free Cash Flow | $380M | -$547.18M | $711.4M | -$399.54M | $316.28M | $3.71B | $423.86M | -$652.92M | $918.74M | $344.23M | $1.29B | $166.04M | $790.34M | $378.66M | $391.35M | $307.74M | $217.24M | $103.11M | $103.17M | $127.06M |
| Cash at Beginning | $3.48B | $2.64B | $3.69B | $4.77B | $5.28B | $2.86B | $2.06B | $2.68B | $2.47B | $2.55B | $1.58B | $2.09B | $1.6B | $697.04M | $1.29B | $928.39M | $763.11M | $479.55M | $384.4M | $388.22M |
| Cash at End | $3.59B | $3.48B | $2.64B | $3.69B | $4.77B | $5.28B | $2.86B | $2.06B | $2.68B | $2.47B | $2.55B | $1.58B | $2.09B | $1.55B | $697.04M | $1.29B | $928.39M | $763.11M | $484.41M | $384.4M |