Cash flow Naspers Limited Johannesburg S.E.

Equities

NPN

ZAE000325783

Internet Services

End-of-day quote Johannesburg S.E. Other stock markets 01/10/2025			5-day change	1st Jan Change
1,263.62 ^ZAR	+1.01%		+4.81%	+51.40%

27/03	Prosus said to consider selling 10% Delivery Hero stake to Aspex - Bloomberg News	RE
25/03	Prosus Kept at Buy as BofA Notes Magnitude of Share Buyback; Forecasts Trimmed	MT

86d69c0.xonNuuDvDIB46GC0s0obRdEdh7TFY_xQ_JbhvS_wn2E.sMef2aqBfuoR2Vjd2B9ZH4Ul7tWoAMsfneWt_2ej0Bn2x4_1jLd_0ym4Fw

Published financial data: NASPERS LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Revenues	593.4Cr	794Cr	677.8Cr	643.1Cr	718.1Cr
Total Revenues	593.4Cr	794Cr	677.8Cr	643.1Cr	718.1Cr
Cost of Goods Sold, Total	408.8Cr	561.7Cr	488.3Cr	396.6Cr	428.9Cr
Gross Profit	184.6Cr	232.3Cr	189.5Cr	246.5Cr	289.2Cr
Selling General & Admin Expenses, Total	293.2Cr	306.1Cr	253.2Cr	264.7Cr	277.3Cr
Other Operating Expenses	1.2Cr	-4.1Cr	-90L	38Cr	-2.7Cr
Other Operating Expenses, Total	294.4Cr	302Cr	252.3Cr	302.7Cr	274.6Cr
Operating Income	-109.8Cr	-70Cr	-63Cr	-56Cr	15Cr
Interest Expense, Total	-27Cr	-41Cr	-57Cr	-58Cr	-59Cr
Interest And Investment Income	11Cr	11Cr	54Cr	92Cr	93Cr
Net Interest Expenses	-16Cr	-30Cr	-2.6Cr	34Cr	34Cr
Income (Loss) On Equity Invest.	709.5Cr	925.5Cr	517.6Cr	281Cr	570.4Cr
Currency Exchange Gains (Loss)	8Cr	12Cr	1.9Cr	-	3.6Cr
Other Non Operating Income (Expenses)	13Cr	1Cr	-	7.4Cr	1.6Cr
EBT, Excl. Unusual Items	604.6Cr	838.8Cr	454.1Cr	265.7Cr	624.6Cr
Restructuring Charges	-	-	-	-	-20L
Merger & Related Restructuring Charges	-5.6Cr	-4.3Cr	-3.1Cr	-	-2.3Cr
Impairment of Goodwill	-6.76Cr	-25Cr	-68Cr	-	-
Gain (Loss) On Sale Of Investments	121Cr	1.08TCr	568.1Cr	433.2Cr	636.3Cr
Gain (Loss) On Sale Of Assets	12Cr	30L	-20L	-	-20L
Asset Writedown	-1.54Cr	-	-6.9Cr	-	-1.8Cr
Insurance Settlements	-	-	-	-	-
Other Unusual Items	-1.3Cr	-22Cr	2.4Cr	-30L	-
EBT, Incl. Unusual Items	722.2Cr	1.86TCr	946Cr	698.6Cr	1.26TCr
Income Tax Expense	-4.6Cr	11Cr	4.8Cr	15Cr	18Cr
Earnings From Continuing Operations	726.8Cr	1.85TCr	941.2Cr	683.5Cr	1.24TCr
Earnings Of Discontinued Operations	-	-	54Cr	-27Cr	-13Cr
Net Income to Company	726.8Cr	1.85TCr	995.4Cr	656.5Cr	1.23TCr
Minority Interest	-196.4Cr	-631.5Cr	-562.3Cr	-371Cr	-701.3Cr
Net Income - (IS)	530.4Cr	1.22TCr	433.1Cr	285.5Cr	524.2Cr
Net Income to Common Incl Extra Items	530.4Cr	1.22TCr	433.1Cr	285.5Cr	524.2Cr
Net Income to Common Excl. Extra Items	530.4Cr	1.22TCr	378.9Cr	312.5Cr	537Cr
Per Share Items
Net EPS - Basic	2.49	8.44	4.16	3.06	6.13
Basic EPS - Continuing Operations	2.49	8.44	3.64	3.35	6.28
Basic Weighted Average Shares Outstanding	213.41Cr	144.89Cr	104.2Cr	93Cr	85Cr
Net EPS - Diluted	2.41	8.25	4	2.95	5.96
Diluted EPS - Continuing Operations	2.41	8.25	3.48	3.24	6.1
Diluted Weighted Average Shares Outstanding	213.98Cr	145.29Cr	104.25Cr	93Cr	86Cr
Normalized Basic EPS	0.85	-0.74	-2.67	-2.2	-3.64
Normalized Diluted EPS	0.85	-0.74	-2.67	-2.2	-3.64
Dividend Per Share	0.09	0.09	0.1	0.13	0.06
Payout Ratio	4.11	1.44	1.8	6.97	5
American Depositary Receipts Ratio (ADR)	0.2	0.2	0.2	0.2	0.2
Supplemental Items
EBITDA	-94Cr	-54Cr	-49Cr	-36Cr	26Cr
EBITA	-98Cr	-60Cr	-53Cr	-48Cr	20Cr
EBIT	-109.8Cr	-70Cr	-63Cr	-56Cr	15Cr
EBITDAR	-94Cr	-53Cr	-48Cr	-	26Cr
Effective Tax Rate - (Ratio)	-0.64	0.57	0.51	2.16	1.44
Current Domestic Taxes	-	-	-	-	-
Current Foreign Taxes	-	-	-	-	-
Total Current Taxes	-4.7Cr	16Cr	7.5Cr	-	20Cr
Total Deferred Taxes	10L	-5.9Cr	-2.7Cr	-	-2Cr
Normalized Net Income	181.48Cr	-107.25Cr	-278.49Cr	-204.94Cr	-310.92Cr
Interest on Long-Term Debt	1.6Cr	1.8Cr	1.9Cr	1.8Cr	2.1Cr
Supplemental Operating Expense Items
Net Rental Expense, Total	30L	40L	50L	-	30L
Imputed Operating Lease Interest Expense	10.45L	10.68L	13.88L	-	8L
Imputed Operating Lease Depreciation	19.55L	29.32L	36.12L	-	21.6L
Stock-Based Comp., Other (Total)	86Cr	28Cr	-6.49Cr	46Cr	25Cr
Total Stock-Based Compensation	86Cr	28Cr	-6.49Cr	46Cr	25Cr

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	375.8Cr	973.3Cr	984.9Cr	224.3Cr	731Cr
Short Term Investments	145.1Cr	392.1Cr	1.13TCr	1.7TCr	1.19TCr
Trading Asset Securities, Total	124.2Cr	-	-	-	-
Total Cash And Short Term Investments	645.1Cr	1.37TCr	2.12TCr	1.93TCr	1.92TCr
Accounts Receivable, Total	20Cr	33Cr	59Cr	31Cr	75Cr
Other Receivables	62Cr	90Cr	101.1Cr	107.4Cr	144.3Cr
Notes Receivable	-	-	-	36Cr	1.9Cr
Total Receivables	81Cr	123.3Cr	160.3Cr	174.4Cr	221.5Cr
Inventory	40Cr	57Cr	42Cr	36Cr	32Cr
Prepaid Expenses	-	-	-	-	-
Other Current Assets, Total	2.6Cr	6.6Cr	65Cr	92Cr	70Cr
Total Current Assets	768.7Cr	1.55TCr	2.38TCr	2.23TCr	2.25TCr
Gross Property Plant And Equipment	80Cr	110.4Cr	115.5Cr	-	116.9Cr
Accumulated Depreciation	-25Cr	-37Cr	-37Cr	-	-44Cr
Net Property Plant And Equipment	54Cr	74Cr	79Cr	76Cr	72Cr
Long-term Investments	4.23TCr	5.02TCr	3.87TCr	3.74TCr	4.81TCr
Goodwill	218.6Cr	345.8Cr	148.3Cr	109.4Cr	121.8Cr
Other Intangibles, Total	82Cr	96Cr	39Cr	34Cr	40Cr
Accounts Receivable Long-Term	17Cr	24Cr	28Cr	-	15Cr
Loans Receivable Long-Term	-	-	-	20Cr	18Cr
Deferred Tax Assets Long-Term	2.7Cr	3.1Cr	2.1Cr	2.2Cr	2.2Cr
Other Long-Term Assets, Total	2.6Cr	15Cr	4.6Cr	21Cr	3.9Cr
Total Assets	5.38TCr	7.13TCr	6.55TCr	6.23TCr	7.33TCr
Liabilities
Accounts Payable, Total	40Cr	61Cr	41Cr	43Cr	36Cr
Accrued Expenses, Total	154.5Cr	65Cr	58Cr	187.5Cr	121.6Cr
Short-term Borrowings	10Cr	11Cr	13Cr	1.5Cr	11Cr
Current Portion of Long-Term Debt	4.8Cr	12Cr	41Cr	50Cr	131Cr
Current Portion of Leases	6.2Cr	7.3Cr	7.3Cr	-	7.4Cr
Current Income Taxes Payable	2.1Cr	70L	7.6Cr	3.1Cr	10Cr
Unearned Revenue Current, Total	13Cr	23Cr	22Cr	-	17Cr
Other Current Liabilities	200.9Cr	283.7Cr	271.2Cr	196.1Cr	310.8Cr
Total Current Liabilities	430.9Cr	463.9Cr	461.2Cr	480.5Cr	644.8Cr
Long-Term Debt	793.8Cr	1.57TCr	1.57TCr	1.6TCr	1.51TCr
Long-Term Leases	24Cr	27Cr	23Cr	-	26Cr
Unearned Revenue Non Current	-	-	-	-	90L
Pension & Other Post Retirement Benefits	2.2Cr	2.1Cr	1.6Cr	1.4Cr	1.5Cr
Deferred Tax Liability Non Current	23Cr	24Cr	11Cr	7.9Cr	9.2Cr
Other Non Current Liabilities	22Cr	35Cr	21Cr	10Cr	9.4Cr
Total Liabilities	1.3TCr	2.12TCr	2.09TCr	2.1TCr	2.21TCr
Common Stock, Total	40L	40L	40L	461.1Cr	461.1Cr
Additional Paid In Capital	460.7Cr	460.7Cr	460.7Cr	-	-
Retained Earnings	3.2TCr	4.49TCr	4.9TCr	4.13TCr	4.34TCr
Treasury Stock	-367.9Cr	-4.38TCr	-4.68TCr	-56Cr	-52Cr
Comprehensive Income and Other	-375.3Cr	1.48TCr	1.22TCr	-2.75TCr	-2.54TCr
Total Common Equity	2.92TCr	2.06TCr	1.9TCr	1.79TCr	2.22TCr
Minority Interest	1.17TCr	2.95TCr	2.56TCr	2.34TCr	2.9TCr
Total Equity	4.09TCr	5.01TCr	4.46TCr	4.13TCr	5.12TCr
Total Liabilities And Equity	5.38TCr	7.13TCr	6.55TCr	6.23TCr	7.33TCr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	208.69Cr	107.25Cr	98Cr	91Cr	81Cr
ECS Total Common Shares Outstanding	208.69Cr	107.25Cr	98Cr	91Cr	81Cr
Book Value / Share	13.99	19.19	19.41	19.63	27.36
Tangible Book Value	2.62TCr	1.62TCr	1.71TCr	1.64TCr	2.06TCr
Tangible Book Value Per Share	12.55	15.07	17.49	18.06	25.36
Total Debt	838.9Cr	1.62TCr	1.66TCr	1.65TCr	1.69TCr
Net Debt	193.8Cr	258.5Cr	-460Cr	-276.1Cr	-233.2Cr
Debt Equivalent Oper. Leases	2.4Cr	3.2Cr	4Cr	-	2.4Cr
Minority Interest, Total (Incl. Fin. Div)	1.17TCr	2.95TCr	2.56TCr	2.34TCr	2.9TCr
Equity Method Investments, Total	4.07TCr	4.46TCr	3.6TCr	3.48TCr	4.15TCr
Account Code - Inventory Valuation	6	6	6	3	5
Inventories - Raw Materials, Total	-	-	-	-	-
Inventories - Work In Process, Total	10L	20L	10L	-	-
Inventories - Finished Goods, Total	42Cr	60Cr	45Cr	-	34Cr
Land - (BS)	50Cr	67Cr	67Cr	-	67Cr
Machinery, Total	21Cr	35Cr	33Cr	-	41Cr
Full Time Employees	28.44T	35.28T	27.57T	25.56T	27.01T
Accumulated Allowance for Doubtful Accounts (Supple)	3.3Cr	3.2Cr	7.2Cr	-	3.3Cr

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	530.4Cr	1.22TCr	433.1Cr	285.5Cr	524.2Cr
Depreciation & Amortization - CF	11Cr	14Cr	13Cr	12Cr	12Cr
Amortization of Goodwill and Intangible Assets - (CF)	12Cr	10Cr	9.5Cr	7.8Cr	5.4Cr
Depreciation & Amortization, Total	23Cr	24Cr	22Cr	20Cr	18Cr
Amortization of Deferred Charges, Total - (CF)	3.6Cr	4.4Cr	-	1.1Cr	1.3Cr
(Gain) Loss From Sale Of Asset	-	-40L	-2Cr	-	20L
(Gain) Loss on Sale of Investments - (CF)	-97Cr	-1.07TCr	-565.5Cr	-	-636.3Cr
Asset Writedown & Restructuring Costs	8.3Cr	25Cr	75Cr	-	2Cr
(Income) Loss On Equity Investments - (CF)	-709.5Cr	-925.5Cr	-517.6Cr	-	-570.4Cr
Stock-Based Compensation (CF)	78Cr	27Cr	-6.4Cr	-	25Cr
Net Cash From Discontinued Operations	-	-	14Cr	-	-1.8Cr
Other Operating Activities, Total	187.8Cr	685.2Cr	549.5Cr	-203.2Cr	827.8Cr
Change In Accounts Receivable	-5.5Cr	-21Cr	-7.5Cr	-	9.5Cr
Change In Inventories	-12Cr	-22Cr	6.3Cr	-	-50L
Change In Accounts Payable	-	-	-	-	-
Change in Other Net Operating Assets	20L	-16Cr	-20Cr	-	-8.4Cr
Cash from Operations	7.3Cr	-70Cr	-18Cr	103.4Cr	190.5Cr
Capital Expenditure	-12Cr	-25Cr	-27Cr	-7.3Cr	-11Cr
Sale of Property, Plant, and Equipment	50L	1.9Cr	1.2Cr	1.1Cr	30L
Cash Acquisitions	-1.5Cr	-189.6Cr	-1.8Cr	-20L	-12Cr
Divestitures	2.7Cr	2Cr	205.5Cr	19Cr	48Cr
Sale (Purchase) of Intangible assets	-1.6Cr	-2.8Cr	-3.4Cr	-2.4Cr	-2.2Cr
Investment in Marketable and Equity Securities, Total	-40Cr	804Cr	1.08TCr	5.6Cr	1.16TCr
Other Investing Activities, Total	-21Cr	-	-2.2Cr	-1.9Cr	-5Cr
Cash from Investing	-73Cr	590.6Cr	1.26TCr	14Cr	1.18TCr
Long-Term Debt Issued, Total	459.3Cr	956.4Cr	20Cr	13Cr	21Cr
Total Debt Issued	459.3Cr	956.4Cr	20Cr	13Cr	21Cr
Long-Term Debt Repaid, Total	-21Cr	-167.9Cr	-12Cr	-20Cr	-13Cr
Total Debt Repaid	-21Cr	-167.9Cr	-12Cr	-20Cr	-13Cr
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-234Cr	-128.6Cr	-315Cr	-306.9Cr	-345.8Cr
Common Dividends Paid	-22Cr	-18Cr	-7.8Cr	-20Cr	-26Cr
Common & Preferred Stock Dividends Paid	-22Cr	-18Cr	-7.8Cr	-20Cr	-26Cr
Other Financing Activities, Total	-177.1Cr	-552.9Cr	-894.5Cr	-490.7Cr	-486.7Cr
Cash from Financing	5.3Cr	89Cr	-1.21TCr	-823.9Cr	-850.6Cr
Foreign Exchange Rate Adjustments	8.3Cr	-13Cr	-8.2Cr	-18Cr	-8.9Cr
Miscellaneous Cash Flow Adjustments	-	-	-9.4Cr	-35Cr	-4.8Cr
Net Change in Cash	-52Cr	596.6Cr	11Cr	-759.3Cr	504.5Cr
Supplemental Items
Cash Interest Paid	25Cr	39Cr	57Cr	58Cr	57Cr
Cash Income Tax Paid (Refund)	11Cr	20Cr	13Cr	14Cr	11Cr
Levered Free Cash Flow	212.42Cr	-81Cr	-191.13Cr	-42Cr	57Cr
Unlevered Free Cash Flow	229.18Cr	-55Cr	-155.44Cr	-5.42Cr	94Cr
Change In Net Working Capital	-199.9Cr	40Cr	101.9Cr	28Cr	-54Cr
Net Debt Issued / Repaid	438.2Cr	788.5Cr	7.7Cr	-6.4Cr	8.1Cr

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	-1.52	-0.7	-0.57	-0.55	0.13
Return on Total Capital	-1.65	-0.75	-0.61	-0.59	0.14
Return On Equity %	20.53	40.75	19.87	15.92	26.78
Return on Common Equity	20.82	49.11	19.16	16.97	26.81
Margin Analysis
Gross Profit Margin %	31.11	29.26	27.96	38.33	40.27
SG&A Margin	49.41	38.55	37.36	41.16	38.62
EBITDA Margin %	-15.81	-6.75	-7.2	-5.63	3.61
EBITA Margin %	-16.51	-7.49	-7.86	-7.53	2.79
EBIT Margin %	-18.5	-8.78	-9.27	-8.74	2.03
Income From Continuing Operations Margin %	122.48	233.48	138.86	106.28	172.44
Net Income Margin %	89.38	153.94	63.9	44.39	73
Net Avail. For Common Margin %	89.38	153.94	55.9	48.59	74.78
Normalized Net Income Margin	30.58	-13.51	-41.09	-31.87	-43.3
Levered Free Cash Flow Margin	35.8	-10.18	-28.2	-6.53	7.92
Unlevered Free Cash Flow Margin	38.62	-6.95	-22.93	-0.84	13.02
Asset Turnover
Asset Turnover	0.13	0.13	0.1	0.1	0.11
Fixed Assets Turnover	11.84	12.4	8.91	8.3	9.65
Receivables Turnover (Average Receivables)	27.41	30.19	13.33	21.76	10.09
Inventory Turnover (Average Inventory)	12.44	11.61	9.9	10.3	12.69
Short Term Liquidity
Current Ratio	1.78	3.35	5.17	4.64	3.48
Quick Ratio	1.69	3.21	4.94	4.3	3.32
Operating Cash Flow to Current Liabilities	0.02	-0.15	-0.04	0.22	0.3
Days Sales Outstanding (Average Receivables)	13.32	12.09	27.38	16.82	36.16
Days Outstanding Inventory (Average Inventory)	29.33	31.45	36.85	35.53	28.76
Average Days Payable Outstanding	30.97	31.64	39.19	39.03	33.97
Cash Conversion Cycle (Average Days)	11.68	11.9	25.05	13.32	30.96
Long Term Solvency
Total Debt/Equity	20.53	32.4	37.12	39.97	32.98
Total Debt / Total Capital	17.03	24.47	27.07	28.56	24.8
LT Debt/Equity	20.01	31.78	35.73	38.73	30.07
Long-Term Debt / Total Capital	16.6	24.01	26.06	27.67	22.61
Total Liabilities / Total Assets	24.07	29.71	31.9	33.71	30.1
EBIT / Interest Expense	-4.1	-1.7	-1.1	-0.96	0.25
EBITDA / Interest Expense	-3.25	-1.11	-0.71	-0.62	0.55
(EBITDA - Capex) / Interest Expense	-3.71	-1.72	-1.18	-0.74	0.36
Total Debt / EBITDA	-9.64	-35.53	-40.99	-45.58	52.13
Net Debt / EBITDA	-2.23	-5.66	11.39	7.63	-7.2
Total Debt / (EBITDA - Capex)	-8.44	-23	-24.64	-37.93	80.05
Net Debt / (EBITDA - Capex)	-1.95	-3.66	6.85	6.35	-11.05
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	48.31	33.81	7.69	7.9	11.66
Gross Profit, 1 Yr. Growth %	41.02	25.84	16.12	31.47	17.32
EBITDA, 1 Yr. Growth %	83.2	-42.86	-27.16	-58.91	1.42T
EBITA, 1 Yr. Growth %	78.51	-39.29	-23.86	-51.45	-290.48
EBIT, 1 Yr. Growth %	71.03	-36.52	-20.3	-47.62	-179.78
Earnings From Cont. Operations, 1 Yr. Growth %	116.89	155.06	-49.08	-29.15	81.17
Net Income, 1 Yr. Growth %	71.26	130.45	-64.57	-34.08	83.61
Normalized Net Income, 1 Yr. Growth %	-2.68	-159.1	145.63	-34.09	71.66
Diluted EPS Before Extra, 1 Yr. Growth %	74.48	242.76	-57.71	-12.41	88.32
Accounts Receivable, 1 Yr. Growth %	-18.07	69.74	39.29	10.32	12.39
Inventory, 1 Yr. Growth %	52.69	43.83	-27.32	-14.46	-9.58
Net Property, Plant and Equip., 1 Yr. Growth %	19.26	35.05	6.79	-2.8	-5.24
Total Assets, 1 Yr. Growth %	48.18	32.52	-8.16	-4.92	17.65
Tangible Book Value, 1 Yr. Growth %	40.66	-38.28	5.74	-3.76	25.07
Common Equity, 1 Yr. Growth %	34.23	-29.5	-7.88	-5.74	24.13
Cash From Operations, 1 Yr. Growth %	-137.24	-1.06T	-74.79	-684.18	84.24
Capital Expenditures, 1 Yr. Growth %	34.78	100.81	7.63	-72.76	54.79
Levered Free Cash Flow, 1 Yr. Growth %	1.26T	-138.04	75.04	-67.31	-220.55
Unlevered Free Cash Flow, 1 Yr. Growth %	664.55	-124.06	85.6	-94.16	-979.2
Dividend Per Share, 1 Yr. Growth %	37	0.67	9.42	29.28	-56.66
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	34.28	40.87	6.88	1.08	9.77
Gross Profit, 2 Yr. CAGR %	24.71	33.22	1.32	22.9	24.19
EBITDA, 2 Yr. CAGR %	50.34	2.32	-27.87	-26.5	-45.78
EBITA, 2 Yr. CAGR %	47.54	4.11	-26.25	-16.85	-55.21
EBIT, 2 Yr. CAGR %	39.9	4.2	-24.37	-15.55	-63.11
Earnings From Cont. Operations, 2 Yr. CAGR %	32.15	135.2	13.8	-39.19	13.3
Net Income, 2 Yr. CAGR %	-12.33	98.66	-9.64	-51.67	10.02
Normalized Net Income, 2 Yr. CAGR %	-1.8	-24.16	23.88	34.45	0
Diluted EPS Before Extra, 2 Yr. CAGR %	13.59	144.55	20.13	-37.19	28.44
Accounts Receivable, 2 Yr. CAGR %	5.56	17.93	74.24	-14.59	63.7
Inventory, 2 Yr. CAGR %	37.82	48.19	2.24	-21.15	-12.05
Net Property, Plant and Equip., 2 Yr. CAGR %	68.92	26.91	20.09	1.88	-4.03
Total Assets, 2 Yr. CAGR %	26.4	40.13	10.32	-6.55	5.77
Tangible Book Value, 2 Yr. CAGR %	2.33	-6.83	-19.22	0.87	9.71
Common Equity, 2 Yr. CAGR %	2.11	-2.72	-19.41	-6.81	8.17
Cash From Operations, 2 Yr. CAGR %	-57.8	89.25	55.71	21.36	228.07
Capital Expenditures, 2 Yr. CAGR %	-4.51	64.52	47.01	-45.85	-35.07
Levered Free Cash Flow, 2 Yr. CAGR %	1.75	127.2	-5.17	-37.99	-33.44
Unlevered Free Cash Flow, 2 Yr. CAGR %	9.15	35.66	-17.66	-74.55	0.36
Dividend Per Share, 2 Yr. CAGR %	-4.96	17.5	4.9	18.94	-25.15
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	25.74	34.12	19.21	2.72	4.49
Gross Profit, 3 Yr. CAGR %	18.8	25.08	13.12	10.12	21.01
EBITDA, 3 Yr. CAGR %	24.08	8.9	-1.59	-27.19	-27.15
EBITA, 3 Yr. CAGR %	23.35	9.74	-0.98	-20.96	-34.14
EBIT, 3 Yr. CAGR %	20.15	7.5	-0.73	-20.01	-42.99
Earnings From Cont. Operations, 3 Yr. CAGR %	-13.19	64.53	41.09	-2.03	-12.5
Net Income, 3 Yr. CAGR %	-22.42	20.99	11.83	-18.65	-24.59
Normalized Net Income, 3 Yr. CAGR %	9.3	-17.09	14.3	4.14	39.97
Diluted EPS Before Extra, 3 Yr. CAGR %	-22.31	64.15	36.05	10.41	-9.43
Accounts Receivable, 3 Yr. CAGR %	-24.66	23.67	35.49	16.71	21
Inventory, 3 Yr. CAGR %	19.78	39.8	16.87	-3.66	-17.47
Net Property, Plant and Equip., 3 Yr. CAGR %	-30.71	56.78	19.81	11.92	-0.55
Total Assets, 3 Yr. CAGR %	14.93	28.41	21.72	4.99	0.9
Tangible Book Value, 3 Yr. CAGR %	6.34	-13.54	-2.82	-14.36	8.37
Common Equity, 3 Yr. CAGR %	4.58	-9.75	-4.47	-15.09	2.53
Cash From Operations, 3 Yr. CAGR %	-22.69	19.63	-3.34	141.95	39.48
Capital Expenditures, 3 Yr. CAGR %	-2.31	22.34	42.82	-16.19	-23.15
Levered Free Cash Flow, 3 Yr. CAGR %	37.05	-26.69	130.23	-41.76	-19.53
Unlevered Free Cash Flow, 3 Yr. CAGR %	34.19	-34.06	73.09	-71.29	3.75
Dividend Per Share, 3 Yr. CAGR %	-6.58	-3.08	14.7	12.47	-15.05
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	0.01	5.42	17.82	14.34	12.41
Gross Profit, 5 Yr. CAGR %	-6.17	-1.65	11.47	15.74	17.18
EBITDA, 5 Yr. CAGR %	20.84	117.55	-0.12	-2.7	-12.74
EBITA, 5 Yr. CAGR %	40.66	24	0.41	1.46	-18.29
EBIT, 5 Yr. CAGR %	58.15	18.21	-0.16	0.04	-25.64
Earnings From Cont. Operations, 5 Yr. CAGR %	48.66	53.6	-3.26	10.43	29.88
Net Income, 5 Yr. CAGR %	39.78	39.22	-17.54	-16.18	11.1
Normalized Net Income, 5 Yr. CAGR %	22.87	19.94	14.92	1.72	10.77
Diluted EPS Before Extra, 5 Yr. CAGR %	38.97	50.5	-7.51	11.68	34.63
Accounts Receivable, 5 Yr. CAGR %	-13.12	-4.79	5.36	12.12	25.91
Inventory, 5 Yr. CAGR %	15.4	29.96	12.43	11.18	4.31
Net Property, Plant and Equip., 5 Yr. CAGR %	-17.7	-14.79	-13.66	31.95	9.64
Total Assets, 5 Yr. CAGR %	26.33	26.6	13.06	13.08	15.07
Tangible Book Value, 5 Yr. CAGR %	33.19	11.66	-4.73	-8.04	2.01
Common Equity, 5 Yr. CAGR %	23.28	9.87	-5.77	-8.59	0.4
Cash From Operations, 5 Yr. CAGR %	-1.32	77.36	2.3	20.32	57.59
Capital Expenditures, 5 Yr. CAGR %	-7.79	10.38	15.04	-11.7	4.2
Levered Free Cash Flow, 5 Yr. CAGR %	352.08	9.94	18.29	-27.19	29.43
Unlevered Free Cash Flow, 5 Yr. CAGR %	66.08	-4.02	10.39	-51.02	25.55
Dividend Per Share, 5 Yr. CAGR %	4.85	0.86	-2.13	5.16	-3.3