-Horizontal analysis of the income statement and balance sheet (years 2018,2019,2020) -Vertical analysis of the income statement and balance sheet (years 2018,2019,2020)

2020

2019

2018

Balance sheet for the year ended 2020 2020 31/12 4202 3218 2019 31/12 2093 538 3218 538 771 771 1261 1261 70 143 16755 1118 130 164 14957 1247 Total Current Assets Cash and Short Term Investments Cash Cash & Equivalents Short Term Investments Total Receivables, Net Accounts Receivables - Trade, Net Total Inventory Prepaid Expenses Other Current Assets, Total Total Assets Property/Plant/Equipment, Total - Net Property/Plant/Equipment, Total - Gross Accumulated Depreciation, Total Goodwill, Net Intangibles, Net Long Term Investments Note Receivable - Long Term Other Long Term Assets, Total Other Assets, Total Total Current Liabilities Accounts Payable Payable/Accrued Accrued Expenses Notes Payable/Short Term Debt 1604 1756 -486 5095 5823 -509 5159 6078 517 380 2431 224 2871 303 574 687 Current Port of LT Debt/Capital Leases 56 37 Other Current liabilities, Total Total Liabilities Total Long Term Debt Long Term Debt Capital Lease Obligations Deferred Income Tax Minority Interest Other Liabilities, Total Total Equity Redeemable Preferred Stock, Total Preferred Stock - Non Redeemable, Net 1577 18245 10431 10235 196 649 4 4730 -1490 1844 15439 7956 7748 208 795 10 3807 -482 3 10552 3 10489 -6732 -5965 -4453 -4169 Common Stock, Total Additional Paid-In Capital Retained Earnings (Accumulated Deficit) Treasury Stock - Common ESOP Debt Guarantee Unrealized Gain (Loss) Other Equity, Total Total Liabilities & Shareholders' Equity Total Common Shares Outstanding Total Preferred Shares Outstanding -860 -840 16755 14957 277.59 278.99 Income statemenr for the year ended 2020 2019 20201 31/12 4307 4307 31/12 9452 9452 3104 1203) 4773 931 5763 3689 7795 1695 Total Revenue Revenue Other Revenue, Total Cost of Revenue, Total Gross Profit Total Operating Expenses Selling/General/Admin. Expenses, Total Research & Development Depreciation / Amortization Interest Expense (Income) - Net Operating Unusual Expense (Income) Other Operating Expenses, Total Operating Income Interest Income (Expense), Net Non-Operating - 331 346 347 60 -466 -81 72 1657 -456 -416 -21 -924 -2041 -7201 51 -1 1244 358 886 -5 -7151 881 Gain (Loss) on Sale of Assets Other, Net Net Income Before Taxes Provision for Income Taxes Net Income After Taxes Minority Interest Equity In Affiliates U.S GAAP Adjustment Net Income Before Extraordinary Items Total Extraordinary Items Net Income Total Adjustments to Net Income Income Available to Common Excluding Extraordinary Items Dilution Adjustment Diluted Net Income Diluted Weighted Average Shares Diluted EPS Excluding Extraordinary Items DPS - Common Stock Primary Issue Diluted Normalized EPS -715 881 -715 881 -1 -7151 2771 -2.58 0.15) -1.641 881 290 3.04 0.6 3 o Income statement for the year 2018 2019) 31/12 9452 9452 2018 31/12 89061 8906 Total Revenue Revenue Other Revenue, Total Cost of Revenue, Total Gross Profit 57631 3689 53231 3583 Total Operating Expenses 7795 7474 Selling/General/Admin. Expenses, Total 1695 1775 Research & Development Depreciation / Amortization 346 325 Interest Expense (Income) - Net Operating Unusual Expense (Income) -81 72 51 1657 1432 Other Operating Expenses, Total Operating Income Interest Income (Expense), Net Non- Operating -416 -382 Gain (Loss) on Sale of Assets Other, Net 31 28 Net Income Before Taxes 1244 1078 Provision for Income Taxes 358 296 Net Income After Taxes 886 782 Minority Interest Equity In Affiliates U.S GAAP Adjustment Net Income Before Extraordinary Items -5 -1 -1 -5 - 881 777 Total Extraordinary Items -13 Net Income 881 764 Total Adjustments to Net Income Income Available to Common Excluding Extraordinary Items 881 777 Dilution Adjustment Diluted Net Income 881 764 305 Diluted Weighted Average Shares 290 Diluted EPS Excluding Extraordinary Items 3.04 2.55 DPS - Common Stock Primary Issue 0.6 0.6 Diluted Normalized EPS 3 2.55 Balance sheet for the year 2018 2018 31/12 2017 31/12 2007 Total Current Assets 1983 403 570 Cash and Short Term Investments Cash Cash & Equivalents Short Term Investments Total Receivables, Net 403 570 1170 1041 1150 1005 Accounts Receivables - Trade, Net Total Inventory Prepaid Expenses Other Current Assets, Total Total Assets 160 250 13995 127 269 14228 367 353 Property/Plant/Equipment, Total - Net Property/Plant/Equipment, Total - Gross 848 803 -481 -450 5160 6156 5190 6276 329 402 2615 283 -2 532 2462 282 -2 945 Accumulated Depreciation, Total Goodwill, Net Intangibles, Net Long Term Investments Note Receivable - Long Term Other Long Term Assets, Total Other Assets, Total Total Current Liabilities Accounts Payable Payable/Accrued Accrued Expenses Notes Payable/Short Term Debt Current Port of LT Debt/Capital Leases Other Current liabilities, Total Total Liabilities Total Long Term Debt Long Term Debt Capital Lease Obligations Deferred Income Tax Minority Interest Other Liabilities, Total Total Equity 16 46 1786 13444 1191 12540 6556 6556 7266 7266 931 898 7 2658 551 3 2588 1688 Redeemable Preferred Stock, Total Preferred Stock - Non Redeemable, Net 3 10372 3 10298 -6417 -6981 Common Stock, Total Additional Paid-In Capital Retained Earnings (Accumulated Deficit) Treasury Stock - Common ESOP Debt Guarantee Unrealized Gain (Loss) Other Equity, Total Total Liabilities & Shareholders' Equity -2625 -891 -782 -741 13995 14228 Total Common Shares Outstanding 294.82 317.42 Total Preferred Shares Outstanding Balance sheet for the year ended 2019 2019 31/12 20931 538 2018 31/12 1983 403 - 538 403 Total Current Assets Cash and Short Term Investments Cash Cash & Equivalents Short Term Investments Total Receivables, Net Accounts Receivables - Trade, Net Total Inventory Prepaid Expenses Other Current Assets, Total Total Assets 1261 1261 1170 1150 130 164 14957 160 250 13995 Property/Plant/Equipment, Total - Net 1247 367 1756 848 -509 5159 6078 -481 5160 6156 380 329 Property/Plant/Equipment, Total - Gross Accumulated Depreciation, Total Goodwill, Net Intangibles, Net Long Term Investments Note Receivable - Long Term Other Long Term Assets, Total Other Assets, Total Total Current Liabilities Accounts Payable Payable/Accrued Accrued Expenses Notes Payable/Short Term Debt Current Port of LT Debt/Capital Leases 2871 303 2615 283 -2 532 - 687 37 16 1844 1786 13444 7266 7266 Other Current liabilities, Total Total Liabilities Total Long Term Debt Long Term Debt Capital Lease Obligations Deferred Income Tax Minority Interest Other Liabilities, Total Total Equity Redeemable Preferred Stock, Total 15439 7956 7748 208 795 10 3807 -482 898 7 2658 551 Preferred Stock - Non Redeemable, Net 3 10489 3 10372 -5965 -6417 -4169 -2625 Common Stock, Total Additional Paid-In Capital Retained Earnings (Accumulated Deficit) Treasury Stock - Common ESOP Debt Guarantee Unrealized Gain (Loss) Other Equity, Total Total Liabilities & Shareholders' Equity Total Common Shares Outstanding Total Preferred Shares Outstanding -840 -782 14957 13995 278.991 294.82 Income statement for the year 2018 2018 31/12 89061 8906 2017 31/12 8131 8131 Total Revenue Revenue Other Revenue, Total Cost of Revenue, Total Gross Profit Total Operating Expenses 5323 3583 7474 4899 3232 7059 1775 1708 325 336 60 51 56 1432 1072 -382 -348 28 1078 Selling/General/Admin. Expenses, Total Research & Development Depreciation / Amortization Interest Expense (Income) - Net Operating Unusual Expense (Income) Other Operating Expenses, Total Operating Income Interest Income (Expense), Net Non- Operating Gain (Loss) on Sale of Assets Other, Net Net Income Before Taxes Provision for Income Taxes Net Income After Taxes Minority Interest Equity In Affiliates U.S GAAP Adjustment Net Income Before Extraordinary Items Total Extraordinary Items Net Income Total Adjustments to Net Income Income Available to Common Excluding Extraordinary Items Dilution Adjustment Diluted Net Income Diluted Weighted Average Shares Diluted EPS Excluding Extraordinary Items 296 782) -5 29 753 264 489 -5 777 484 -13 600 764 1084 777 484 764 3051 1084 327 2.55 1.48 DPS - Common Stock Primary Issue 0.6 0.6 Diluted Normalized EPS 2.55 1.6 Balance sheet for the year ended 2020 2020 31/12 4202 3218 2019 31/12 2093 538 3218 538 771 771 1261 1261 70 143 16755 1118 130 164 14957 1247 Total Current Assets Cash and Short Term Investments Cash Cash & Equivalents Short Term Investments Total Receivables, Net Accounts Receivables - Trade, Net Total Inventory Prepaid Expenses Other Current Assets, Total Total Assets Property/Plant/Equipment, Total - Net Property/Plant/Equipment, Total - Gross Accumulated Depreciation, Total Goodwill, Net Intangibles, Net Long Term Investments Note Receivable - Long Term Other Long Term Assets, Total Other Assets, Total Total Current Liabilities Accounts Payable Payable/Accrued Accrued Expenses Notes Payable/Short Term Debt 1604 1756 -486 5095 5823 -509 5159 6078 517 380 2431 224 2871 303 574 687 Current Port of LT Debt/Capital Leases 56 37 Other Current liabilities, Total Total Liabilities Total Long Term Debt Long Term Debt Capital Lease Obligations Deferred Income Tax Minority Interest Other Liabilities, Total Total Equity Redeemable Preferred Stock, Total Preferred Stock - Non Redeemable, Net 1577 18245 10431 10235 196 649 4 4730 -1490 1844 15439 7956 7748 208 795 10 3807 -482 3 10552 3 10489 -6732 -5965 -4453 -4169 Common Stock, Total Additional Paid-In Capital Retained Earnings (Accumulated Deficit) Treasury Stock - Common ESOP Debt Guarantee Unrealized Gain (Loss) Other Equity, Total Total Liabilities & Shareholders' Equity Total Common Shares Outstanding Total Preferred Shares Outstanding -860 -840 16755 14957 277.59 278.99 Income statemenr for the year ended 2020 2019 20201 31/12 4307 4307 31/12 9452 9452 3104 1203) 4773 931 5763 3689 7795 1695 Total Revenue Revenue Other Revenue, Total Cost of Revenue, Total Gross Profit Total Operating Expenses Selling/General/Admin. Expenses, Total Research & Development Depreciation / Amortization Interest Expense (Income) - Net Operating Unusual Expense (Income) Other Operating Expenses, Total Operating Income Interest Income (Expense), Net Non-Operating - 331 346 347 60 -466 -81 72 1657 -456 -416 -21 -924 -2041 -7201 51 -1 1244 358 886 -5 -7151 881 Gain (Loss) on Sale of Assets Other, Net Net Income Before Taxes Provision for Income Taxes Net Income After Taxes Minority Interest Equity In Affiliates U.S GAAP Adjustment Net Income Before Extraordinary Items Total Extraordinary Items Net Income Total Adjustments to Net Income Income Available to Common Excluding Extraordinary Items Dilution Adjustment Diluted Net Income Diluted Weighted Average Shares Diluted EPS Excluding Extraordinary Items DPS - Common Stock Primary Issue Diluted Normalized EPS -715 881 -715 881 -1 -7151 2771 -2.58 0.15) -1.641 881 290 3.04 0.6 3 o Income statement for the year 2018 2019) 31/12 9452 9452 2018 31/12 89061 8906 Total Revenue Revenue Other Revenue, Total Cost of Revenue, Total Gross Profit 57631 3689 53231 3583 Total Operating Expenses 7795 7474 Selling/General/Admin. Expenses, Total 1695 1775 Research & Development Depreciation / Amortization 346 325 Interest Expense (Income) - Net Operating Unusual Expense (Income) -81 72 51 1657 1432 Other Operating Expenses, Total Operating Income Interest Income (Expense), Net Non- Operating -416 -382 Gain (Loss) on Sale of Assets Other, Net 31 28 Net Income Before Taxes 1244 1078 Provision for Income Taxes 358 296 Net Income After Taxes 886 782 Minority Interest Equity In Affiliates U.S GAAP Adjustment Net Income Before Extraordinary Items -5 -1 -1 -5 - 881 777 Total Extraordinary Items -13 Net Income 881 764 Total Adjustments to Net Income Income Available to Common Excluding Extraordinary Items 881 777 Dilution Adjustment Diluted Net Income 881 764 305 Diluted Weighted Average Shares 290 Diluted EPS Excluding Extraordinary Items 3.04 2.55 DPS - Common Stock Primary Issue 0.6 0.6 Diluted Normalized EPS 3 2.55 Balance sheet for the year 2018 2018 31/12 2017 31/12 2007 Total Current Assets 1983 403 570 Cash and Short Term Investments Cash Cash & Equivalents Short Term Investments Total Receivables, Net 403 570 1170 1041 1150 1005 Accounts Receivables - Trade, Net Total Inventory Prepaid Expenses Other Current Assets, Total Total Assets 160 250 13995 127 269 14228 367 353 Property/Plant/Equipment, Total - Net Property/Plant/Equipment, Total - Gross 848 803 -481 -450 5160 6156 5190 6276 329 402 2615 283 -2 532 2462 282 -2 945 Accumulated Depreciation, Total Goodwill, Net Intangibles, Net Long Term Investments Note Receivable - Long Term Other Long Term Assets, Total Other Assets, Total Total Current Liabilities Accounts Payable Payable/Accrued Accrued Expenses Notes Payable/Short Term Debt Current Port of LT Debt/Capital Leases Other Current liabilities, Total Total Liabilities Total Long Term Debt Long Term Debt Capital Lease Obligations Deferred Income Tax Minority Interest Other Liabilities, Total Total Equity 16 46 1786 13444 1191 12540 6556 6556 7266 7266 931 898 7 2658 551 3 2588 1688 Redeemable Preferred Stock, Total Preferred Stock - Non Redeemable, Net 3 10372 3 10298 -6417 -6981 Common Stock, Total Additional Paid-In Capital Retained Earnings (Accumulated Deficit) Treasury Stock - Common ESOP Debt Guarantee Unrealized Gain (Loss) Other Equity, Total Total Liabilities & Shareholders' Equity -2625 -891 -782 -741 13995 14228 Total Common Shares Outstanding 294.82 317.42 Total Preferred Shares Outstanding Balance sheet for the year ended 2019 2019 31/12 20931 538 2018 31/12 1983 403 - 538 403 Total Current Assets Cash and Short Term Investments Cash Cash & Equivalents Short Term Investments Total Receivables, Net Accounts Receivables - Trade, Net Total Inventory Prepaid Expenses Other Current Assets, Total Total Assets 1261 1261 1170 1150 130 164 14957 160 250 13995 Property/Plant/Equipment, Total - Net 1247 367 1756 848 -509 5159 6078 -481 5160 6156 380 329 Property/Plant/Equipment, Total - Gross Accumulated Depreciation, Total Goodwill, Net Intangibles, Net Long Term Investments Note Receivable - Long Term Other Long Term Assets, Total Other Assets, Total Total Current Liabilities Accounts Payable Payable/Accrued Accrued Expenses Notes Payable/Short Term Debt Current Port of LT Debt/Capital Leases 2871 303 2615 283 -2 532 - 687 37 16 1844 1786 13444 7266 7266 Other Current liabilities, Total Total Liabilities Total Long Term Debt Long Term Debt Capital Lease Obligations Deferred Income Tax Minority Interest Other Liabilities, Total Total Equity Redeemable Preferred Stock, Total 15439 7956 7748 208 795 10 3807 -482 898 7 2658 551 Preferred Stock - Non Redeemable, Net 3 10489 3 10372 -5965 -6417 -4169 -2625 Common Stock, Total Additional Paid-In Capital Retained Earnings (Accumulated Deficit) Treasury Stock - Common ESOP Debt Guarantee Unrealized Gain (Loss) Other Equity, Total Total Liabilities & Shareholders' Equity Total Common Shares Outstanding Total Preferred Shares Outstanding -840 -782 14957 13995 278.991 294.82 Income statement for the year 2018 2018 31/12 89061 8906 2017 31/12 8131 8131 Total Revenue Revenue Other Revenue, Total Cost of Revenue, Total Gross Profit Total Operating Expenses 5323 3583 7474 4899 3232 7059 1775 1708 325 336 60 51 56 1432 1072 -382 -348 28 1078 Selling/General/Admin. Expenses, Total Research & Development Depreciation / Amortization Interest Expense (Income) - Net Operating Unusual Expense (Income) Other Operating Expenses, Total Operating Income Interest Income (Expense), Net Non- Operating Gain (Loss) on Sale of Assets Other, Net Net Income Before Taxes Provision for Income Taxes Net Income After Taxes Minority Interest Equity In Affiliates U.S GAAP Adjustment Net Income Before Extraordinary Items Total Extraordinary Items Net Income Total Adjustments to Net Income Income Available to Common Excluding Extraordinary Items Dilution Adjustment Diluted Net Income Diluted Weighted Average Shares Diluted EPS Excluding Extraordinary Items 296 782) -5 29 753 264 489 -5 777 484 -13 600 764 1084 777 484 764 3051 1084 327 2.55 1.48 DPS - Common Stock Primary Issue 0.6 0.6 Diluted Normalized EPS 2.55 1.6