
Ares Commercial Real Estate Corp (NYSE:ACRE)

Income Statement
Mar-2022 | Dec-2021 | Sep-2021 | Jun-2021 | Mar-2021 | Dec-2020 | Sep-2020 | Jun-2020 | Mar-2020 | Dec-2019 | Sep-2019 | Jun-2019 | Mar-2019 | Dec-2018 | Sep-2018 | Jun-2018 | Mar-2018 | Dec-2017 | Sep-2017 | Jun-2017 | Mar-2017 | Dec-2016 | Sep-2016 | Jun-2016 | Mar-2016 | Dec-2015 | Sep-2015 | Jun-2015 | Mar-2015 | Dec-2014 | Sep-2014 | Jun-2014 | Mar-2014 | Dec-2013 | Sep-2013 | Jun-2013 | Mar-2013 | Dec-2012 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||||||||||||||
Revenue |
155
+2%
|
152
+8%
|
141
+4%
|
135
+3%
|
131
-2%
|
135
-3%
|
139
-1%
|
139
-5%
|
147
+5%
|
140
+4%
|
134
+4%
|
129
+7%
|
121
+2%
|
118
+5%
|
113
+2%
|
111
+7%
|
104
+6%
|
98
+2%
|
96
+9%
|
88
+4%
|
84
+3%
|
82
+3%
|
80
0%
|
80
-3%
|
82
-5%
|
86
-8%
|
94
-2%
|
96
-5%
|
101
+3%
|
98
+13%
|
87
+11%
|
78
+29%
|
61
+29%
|
47
+37%
|
34
+59%
|
22
+43%
|
15
+62%
|
9
N/A
|
|
Gross Profit | |||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(64)
|
(64)
|
(60)
|
(58)
|
(59)
|
(62)
|
(65)
|
(68)
|
(71)
|
(71)
|
(72)
|
(73)
|
(72)
|
(70)
|
(68)
|
(65)
|
(61)
|
(58)
|
(54)
|
(50)
|
(46)
|
(43)
|
(40)
|
(40)
|
(40)
|
(42)
|
(47)
|
(46)
|
(46)
|
(43)
|
(39)
|
(33)
|
(25)
|
(19)
|
(10)
|
(7)
|
(6)
|
(4)
|
|
Gross Profit |
90
+2%
|
88
+10%
|
80
+5%
|
77
+7%
|
72
-1%
|
73
-1%
|
74
+3%
|
71
-5%
|
75
+9%
|
69
+11%
|
62
+10%
|
57
+16%
|
49
+2%
|
48
+7%
|
45
-2%
|
46
+6%
|
43
+8%
|
40
-4%
|
41
+8%
|
38
-1%
|
39
-1%
|
39
0%
|
39
-2%
|
40
-4%
|
42
-6%
|
45
-6%
|
48
-5%
|
50
-9%
|
55
-1%
|
56
+16%
|
48
+5%
|
46
+29%
|
35
+27%
|
28
+14%
|
24
+72%
|
14
+51%
|
9
+78%
|
5
N/A
|
|
Operating Income | |||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(27)
|
(27)
|
(22)
|
(13)
|
(17)
|
(51)
|
(56)
|
(60)
|
(64)
|
(31)
|
(24)
|
(18)
|
(11)
|
(9)
|
(10)
|
(9)
|
(9)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(10)
|
(19)
|
(26)
|
(35)
|
(33)
|
(26)
|
(19)
|
(16)
|
(10)
|
(7)
|
(6)
|
(4)
|
|
Selling, General & Administrative |
(28)
|
(26)
|
(24)
|
(23)
|
(22)
|
(26)
|
(29)
|
(32)
|
(36)
|
(31)
|
(24)
|
(18)
|
(11)
|
(9)
|
(9)
|
(9)
|
(9)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(16)
|
(22)
|
(29)
|
(35)
|
(33)
|
(29)
|
(22)
|
(16)
|
(10)
|
(7)
|
(6)
|
(4)
|
|
Depreciation & Amortization |
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
1
|
0
|
3
|
10
|
6
|
(24)
|
(26)
|
(27)
|
(27)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
5
|
3
|
3
|
0
|
0
|
3
|
4
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
64
+4%
|
61
+5%
|
58
-8%
|
63
+15%
|
55
+149%
|
22
+26%
|
18
+52%
|
12
0%
|
12
-69%
|
38
-1%
|
38
-3%
|
39
+2%
|
38
-2%
|
39
+11%
|
35
-3%
|
36
+8%
|
33
+7%
|
31
-5%
|
33
+11%
|
30
-2%
|
30
-1%
|
31
-1%
|
31
-3%
|
32
-5%
|
34
-7%
|
36
-2%
|
37
+19%
|
31
+8%
|
29
+39%
|
21
+41%
|
15
-24%
|
19
+16%
|
17
+41%
|
12
-19%
|
15
+96%
|
8
+110%
|
4
+206%
|
1
N/A
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
3
|
0
|
0
|
2
|
(3)
|
(2)
|
(2)
|
(0)
|
|
Non-Reccuring Items |
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
2
|
1
|
0
|
1
|
(2)
|
(1)
|
0
|
|
Pre-Tax Income |
62
+1%
|
61
+5%
|
58
-8%
|
63
+15%
|
55
+149%
|
22
+26%
|
18
+52%
|
12
0%
|
12
-69%
|
38
-1%
|
38
-3%
|
39
+2%
|
38
-2%
|
39
+11%
|
35
-3%
|
36
+8%
|
33
+9%
|
31
-8%
|
33
+11%
|
30
-2%
|
30
-1%
|
31
-1%
|
31
-3%
|
32
-5%
|
34
-7%
|
36
-2%
|
37
+19%
|
31
+8%
|
29
+23%
|
24
+41%
|
17
-21%
|
21
+19%
|
18
+27%
|
14
+16%
|
12
+192%
|
4
+507%
|
1
-21%
|
1
N/A
|
|
Net Income | |||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1)
|
(1)
|
0
|
(1)
|
(1)
|
(0)
|
(1)
|
(0)
|
(0)
|
(1)
|
(0)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
1
|
2
|
0
|
0
|
(0)
|
(1)
|
0
|
0
|
0
|
|
Income from Continuing Operations |
61
|
60
|
58
|
63
|
55
|
22
|
17
|
11
|
11
|
37
|
37
|
38
|
38
|
39
|
35
|
36
|
33
|
30
|
33
|
30
|
30
|
30
|
31
|
32
|
34
|
36
|
36
|
32
|
29
|
25
|
19
|
22
|
18
|
14
|
12
|
4
|
1
|
1
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(2)
|
(3)
|
(5)
|
(6)
|
(7)
|
(8)
|
(9)
|
(7)
|
(5)
|
(2)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
61
+1%
|
60
+5%
|
58
-8%
|
63
+14%
|
55
+151%
|
22
+28%
|
17
+53%
|
11
+0%
|
11
-70%
|
37
-1%
|
37
-2%
|
38
+1%
|
38
-2%
|
39
+11%
|
35
-3%
|
36
+8%
|
33
+9%
|
30
-6%
|
32
-19%
|
40
-5%
|
42
+3%
|
40
-2%
|
41
+28%
|
32
-1%
|
32
-6%
|
34
0%
|
34
+18%
|
29
+9%
|
27
+9%
|
24
+30%
|
19
-13%
|
22
+19%
|
18
+32%
|
14
+19%
|
12
+180%
|
4
+507%
|
1
-21%
|
1
N/A
|
Balance Sheet
Mar-2022 | Dec-2021 | Sep-2021 | Jun-2021 | Mar-2021 | Dec-2020 | Sep-2020 | Jun-2020 | Mar-2020 | Dec-2019 | Sep-2019 | Jun-2019 | Mar-2019 | Dec-2018 | Sep-2018 | Jun-2018 | Mar-2018 | Dec-2017 | Sep-2017 | Jun-2017 | Mar-2017 | Dec-2016 | Sep-2016 | Jun-2016 | Mar-2016 | Dec-2015 | Sep-2015 | Jun-2015 | Mar-2015 | Dec-2014 | Sep-2014 | Jun-2014 | Mar-2014 | Dec-2013 | Sep-2013 | Jun-2013 | Mar-2013 | Dec-2012 | Sep-2012 | Jun-2012 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||||||||||||||||||||||||||
Cash & Cash Equivalents |
14
|
51
|
16
|
76
|
98
|
75
|
81
|
73
|
75
|
5
|
6
|
5
|
13
|
11
|
5
|
5
|
5
|
28
|
28
|
6
|
44
|
47
|
42
|
5
|
6
|
9
|
10
|
8
|
9
|
17
|
11
|
20
|
30
|
20
|
13
|
40
|
23
|
23
|
24
|
88
|
|
Cash Equivalents |
14
|
51
|
16
|
76
|
98
|
75
|
81
|
73
|
75
|
5
|
6
|
5
|
13
|
11
|
5
|
5
|
5
|
28
|
28
|
6
|
44
|
47
|
42
|
5
|
6
|
9
|
10
|
8
|
9
|
17
|
11
|
20
|
30
|
20
|
13
|
40
|
23
|
23
|
24
|
88
|
|
Total Receivables |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
3
|
2
|
1
|
1
|
|
Accounts Receivables |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
3
|
2
|
1
|
1
|
|
Other Receivables |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
PP&E Net |
0
|
37
|
37
|
37
|
37
|
37
|
38
|
38
|
38
|
38
|
38
|
37
|
37
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
PP&E Gross |
0
|
37
|
37
|
37
|
37
|
37
|
38
|
38
|
38
|
38
|
38
|
37
|
37
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Accumulated Depreciation |
0
|
2
|
2
|
2
|
2
|
2
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Intangible Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
5
|
5
|
5
|
5
|
0
|
0
|
0
|
0
|
0
|
|
Note Receivable |
2 401
|
2 390
|
2 341
|
2 016
|
1 887
|
1 792
|
1 753
|
1 864
|
29
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Long-Term Investments |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1 871
|
1 683
|
1 538
|
1 488
|
1 548
|
1 525
|
1 659
|
1 746
|
1 658
|
1 726
|
1 543
|
1 641
|
1 372
|
1 314
|
1 474
|
1 143
|
1 329
|
1 267
|
1 424
|
1 471
|
1 510
|
1 725
|
1 323
|
1 276
|
1 172
|
1 107
|
778
|
526
|
410
|
354
|
191
|
78
|
|
Other Long-Term Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
171
|
26
|
30
|
27
|
27
|
30
|
66
|
24
|
24
|
23
|
17
|
22
|
9
|
9
|
8
|
4
|
4
|
|
Other Assets |
101
|
154
|
73
|
129
|
69
|
26
|
78
|
46
|
147
|
58
|
92
|
141
|
20
|
67
|
67
|
66
|
80
|
15
|
16
|
15
|
12
|
12
|
49
|
13
|
61
|
73
|
40
|
39
|
41
|
55
|
44
|
96
|
28
|
28
|
23
|
2
|
1
|
1
|
1
|
1
|
|
Total Assets |
2 516
-4%
|
2 632
+7%
|
2 467
+9%
|
2 257
+8%
|
2 091
+8%
|
1 930
-1%
|
1 949
-4%
|
2 021
-4%
|
2 101
+18%
|
1 784
+7%
|
1 675
+0%
|
1 671
+3%
|
1 618
+1%
|
1 603
-7%
|
1 732
-5%
|
1 818
+4%
|
1 744
-1%
|
1 770
+12%
|
1 588
-5%
|
1 663
+16%
|
1 429
+4%
|
1 374
-12%
|
1 565
+17%
|
1 332
-6%
|
1 422
+3%
|
1 379
-8%
|
1 502
-3%
|
1 545
-3%
|
1 590
-15%
|
1 862
+33%
|
1 403
-1%
|
1 422
+13%
|
1 258
+7%
|
1 177
+40%
|
840
+45%
|
581
+31%
|
444
+14%
|
388
+76%
|
220
+29%
|
171
N/A
|
|
Liabilities | |||||||||||||||||||||||||||||||||||||||||
Accounts Payable |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
2
|
0
|
0
|
|
Accrued Liabilities |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
|
Short-Term Debt |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Current Liabilities |
21
|
21
|
20
|
20
|
18
|
14
|
14
|
14
|
14
|
12
|
12
|
13
|
12
|
12
|
11
|
11
|
11
|
10
|
10
|
10
|
11
|
10
|
10
|
10
|
10
|
10
|
10
|
10
|
10
|
10
|
10
|
10
|
10
|
10
|
10
|
8
|
4
|
4
|
2
|
1
|
|
Long-Term Debt |
1 796
|
1 923
|
1 763
|
1 548
|
1 489
|
1 431
|
1 457
|
1 532
|
1 609
|
1 336
|
1 227
|
1 224
|
1 172
|
1 157
|
1 292
|
1 380
|
1 309
|
1 337
|
1 153
|
1 232
|
997
|
931
|
1 086
|
777
|
920
|
872
|
958
|
1 012
|
1 053
|
1 337
|
956
|
969
|
805
|
727
|
376
|
169
|
268
|
212
|
49
|
0
|
|
Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
11
|
47
|
47
|
47
|
47
|
84
|
84
|
84
|
78
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Liabilities |
10
|
9
|
10
|
10
|
8
|
11
|
9
|
10
|
13
|
10
|
10
|
9
|
9
|
9
|
5
|
4
|
4
|
4
|
4
|
4
|
3
|
3
|
4
|
92
|
38
|
41
|
43
|
34
|
40
|
35
|
36
|
39
|
40
|
34
|
44
|
6
|
6
|
4
|
2
|
1
|
|
Total Liabilities |
1 826
-6%
|
1 953
+9%
|
1 794
+14%
|
1 578
+4%
|
1 515
+4%
|
1 457
-2%
|
1 480
-5%
|
1 556
-5%
|
1 635
+20%
|
1 358
+9%
|
1 249
+0%
|
1 246
+4%
|
1 193
+1%
|
1 178
-10%
|
1 307
-6%
|
1 395
+5%
|
1 323
-2%
|
1 351
+16%
|
1 167
-6%
|
1 246
+23%
|
1 011
+6%
|
955
-17%
|
1 147
+24%
|
925
-9%
|
1 015
+5%
|
970
-11%
|
1 095
-4%
|
1 140
-4%
|
1 187
-19%
|
1 459
+46%
|
1 001
-2%
|
1 018
+19%
|
854
+11%
|
771
+80%
|
429
+131%
|
186
-34%
|
280
+26%
|
222
+315%
|
54
+1 389%
|
4
N/A
|
|
Equity | |||||||||||||||||||||||||||||||||||||||||
Common Stock |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Retained Earnings |
29
|
29
|
29
|
23
|
24
|
25
|
28
|
32
|
31
|
2
|
2
|
3
|
3
|
4
|
3
|
1
|
0
|
2
|
0
|
4
|
3
|
1
|
2
|
13
|
14
|
12
|
14
|
16
|
18
|
18
|
19
|
16
|
16
|
14
|
9
|
9
|
6
|
4
|
3
|
2
|
|
Additional Paid In Capital |
708
|
704
|
701
|
701
|
599
|
498
|
497
|
497
|
497
|
424
|
423
|
423
|
422
|
422
|
421
|
421
|
421
|
421
|
420
|
420
|
420
|
420
|
420
|
420
|
421
|
421
|
421
|
421
|
421
|
420
|
420
|
420
|
420
|
419
|
419
|
404
|
169
|
169
|
169
|
169
|
|
Other Equity |
10
|
3
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Equity |
689
+2%
|
679
+1%
|
673
-1%
|
679
+18%
|
576
+22%
|
473
+1%
|
469
+1%
|
465
0%
|
466
+9%
|
426
+0%
|
426
0%
|
426
+0%
|
425
0%
|
426
+0%
|
424
+0%
|
422
+0%
|
421
+0%
|
419
0%
|
421
+1%
|
417
0%
|
418
0%
|
419
+0%
|
418
+3%
|
407
+0%
|
407
-1%
|
410
+0%
|
408
+1%
|
405
+0%
|
403
+0%
|
403
+0%
|
401
-1%
|
404
0%
|
404
-1%
|
406
-1%
|
411
+4%
|
395
+141%
|
164
-1%
|
165
-1%
|
167
-1%
|
168
N/A
|
|
Total Liabilities & Equity |
2 516
-4%
|
2 632
+7%
|
2 467
+9%
|
2 257
+8%
|
2 091
+8%
|
1 930
-1%
|
1 949
-4%
|
2 021
-4%
|
2 101
+18%
|
1 784
+7%
|
1 675
+0%
|
1 671
+3%
|
1 618
+1%
|
1 603
-7%
|
1 732
-5%
|
1 818
+4%
|
1 744
-1%
|
1 770
+12%
|
1 588
-5%
|
1 663
+16%
|
1 429
+4%
|
1 374
-12%
|
1 565
+17%
|
1 332
-6%
|
1 422
+3%
|
1 379
-8%
|
1 502
-3%
|
1 545
-3%
|
1 590
-15%
|
1 862
+33%
|
1 403
-1%
|
1 422
+13%
|
1 258
+7%
|
1 177
+40%
|
840
+45%
|
581
+31%
|
444
+14%
|
388
+76%
|
220
+29%
|
171
N/A
|
|
Shares Outstanding | |||||||||||||||||||||||||||||||||||||||||
Common Shares Outstanding |
47.4M
|
47.1M
|
47M
|
47M
|
40.5M
|
33.4M
|
33.4M
|
33.4M
|
33.4M
|
28.9M
|
28.9M
|
28.9M
|
28.8M
|
28.8M
|
28.7M
|
28.7M
|
28.6M
|
28.6M
|
28.6M
|
28.6M
|
28.5M
|
28.5M
|
28.5M
|
28.5M
|
28.6M
|
28.6M
|
28.6M
|
28.6M
|
28.6M
|
28.6M
|
28.6M
|
28.6M
|
28.6M
|
28.5M
|
28.5M
|
27.3M
|
9.3M
|
9.3M
|
9.3M
|
9.2M
|
Cash Flow Statement
Mar-2022 | Dec-2021 | Sep-2021 | Jun-2021 | Mar-2021 | Dec-2020 | Sep-2020 | Jun-2020 | Mar-2020 | Dec-2019 | Sep-2019 | Jun-2019 | Mar-2019 | Dec-2018 | Sep-2018 | Jun-2018 | Mar-2018 | Dec-2017 | Sep-2017 | Jun-2017 | Mar-2017 | Dec-2016 | Sep-2016 | Jun-2016 | Mar-2016 | Dec-2015 | Sep-2015 | Jun-2015 | Mar-2015 | Dec-2014 | Sep-2014 | Jun-2014 | Mar-2014 | Dec-2013 | Sep-2013 | Jun-2013 | Mar-2013 | Dec-2012 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | |||||||||||||||||||||||||||||||||||||||
Net Income |
61
|
60
|
58
|
63
|
55
|
22
|
17
|
11
|
11
|
37
|
37
|
38
|
38
|
39
|
35
|
36
|
33
|
30
|
33
|
42
|
45
|
45
|
47
|
39
|
40
|
43
|
41
|
34
|
29
|
25
|
19
|
22
|
18
|
14
|
12
|
4
|
1
|
1
|
|
Depreciation & Amortization |
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Change in Deffered Taxes |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
2
|
2
|
2
|
2
|
2
|
1
|
1
|
0
|
(1)
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
|
Other Non-Cash Items |
8
|
3
|
0
|
3
|
(5)
|
25
|
26
|
28
|
28
|
1
|
2
|
1
|
1
|
(0)
|
1
|
1
|
2
|
2
|
1
|
(58)
|
(59)
|
(82)
|
(21)
|
3
|
88
|
167
|
(71)
|
(3)
|
(141)
|
(192)
|
8
|
(34)
|
17
|
11
|
(10)
|
(1)
|
1
|
1
|
|
Cash Taxes Paid |
1
|
1
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Cash Interest Paid |
40
|
40
|
46
|
46
|
46
|
46
|
55
|
55
|
55
|
55
|
57
|
57
|
57
|
57
|
42
|
42
|
42
|
42
|
30
|
30
|
30
|
30
|
29
|
29
|
29
|
29
|
24
|
24
|
24
|
24
|
21
|
17
|
14
|
11
|
7
|
6
|
2
|
1
|
|
Change in Working Capital |
22
|
16
|
12
|
(1)
|
(17)
|
(16)
|
(14)
|
(10)
|
(6)
|
(7)
|
(4)
|
(2)
|
(3)
|
1
|
0
|
(0)
|
(0)
|
(2)
|
(1)
|
3
|
9
|
43
|
43
|
41
|
38
|
63
|
22
|
11
|
5
|
(56)
|
(19)
|
(7)
|
(3)
|
1
|
5
|
2
|
2
|
0
|
|
Cash from Operating Activities |
55
+13%
|
48
+23%
|
39
+5%
|
37
+12%
|
33
+5%
|
32
+5%
|
30
0%
|
30
-11%
|
34
+5%
|
33
-9%
|
36
-4%
|
37
+3%
|
36
-7%
|
39
+10%
|
36
-2%
|
36
+5%
|
35
+11%
|
31
-3%
|
32
N/A
|
(12)
-284%
|
(3)
N/A
|
9
-88%
|
71
-17%
|
86
-49%
|
168
-39%
|
276
N/A
|
(5)
N/A
|
42
N/A
|
(105)
+53%
|
(223)
N/A
|
7
N/A
|
(19)
N/A
|
32
+26%
|
25
+263%
|
7
+49%
|
5
+38%
|
3
+70%
|
2
N/A
|
|
Investing Cash Flow | |||||||||||||||||||||||||||||||||||||||
Capital Expenditures |
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(2)
|
(2)
|
(2)
|
(2)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
|
Other Items |
921
|
700
|
598
|
419
|
61
|
(82)
|
(212)
|
(299)
|
(437)
|
(173)
|
73
|
159
|
145
|
158
|
(163)
|
(149)
|
(345)
|
(406)
|
(25)
|
(402)
|
(40)
|
(43)
|
(181)
|
180
|
40
|
259
|
(42)
|
(137)
|
(205)
|
(431)
|
(543)
|
(755)
|
(757)
|
(746)
|
(558)
|
(447)
|
(332)
|
(348)
|
|
Cash from Investing Activities |
921
+32%
|
700
+17%
|
598
+43%
|
419
+590%
|
61
N/A
|
(82)
+61%
|
(212)
+29%
|
(300)
+32%
|
(439)
-152%
|
(174)
N/A
|
72
-55%
|
158
+9%
|
145
-8%
|
158
N/A
|
(163)
-10%
|
(149)
+57%
|
(345)
+15%
|
(406)
-1 510%
|
(25)
+94%
|
(402)
-902%
|
(40)
+7%
|
(43)
+76%
|
(182)
N/A
|
179
+365%
|
39
-85%
|
258
N/A
|
(42)
+70%
|
(138)
+33%
|
(207)
+52%
|
(433)
+20%
|
(544)
+28%
|
(756)
+0%
|
(757)
-1%
|
(746)
-34%
|
(558)
-25%
|
(447)
-35%
|
(332)
+5%
|
(348)
N/A
|
|
Financing Cash Flow | |||||||||||||||||||||||||||||||||||||||
Net Issuance of Common Stock |
107
|
205
|
203
|
203
|
101
|
73
|
73
|
73
|
73
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
251
|
251
|
243
|
136
|
165
|
|
Net Issuance of Debt |
560
|
494
|
309
|
19
|
(116)
|
94
|
229
|
307
|
436
|
179
|
(64)
|
(154)
|
(135)
|
(180)
|
137
|
146
|
308
|
405
|
66
|
502
|
171
|
150
|
226
|
(184)
|
(127)
|
(465)
|
2
|
42
|
248
|
614
|
579
|
785
|
522
|
501
|
314
|
170
|
222
|
213
|
|
Cash Paid for Dividends |
86
|
58
|
31
|
3
|
(44)
|
(43)
|
(41)
|
(40)
|
(38)
|
(38)
|
(36)
|
(35)
|
(33)
|
(32)
|
(32)
|
(31)
|
(31)
|
(31)
|
(30)
|
(30)
|
(30)
|
(29)
|
(29)
|
(29)
|
(29)
|
(29)
|
(29)
|
(29)
|
(29)
|
(29)
|
(29)
|
(28)
|
(23)
|
(19)
|
(12)
|
(6)
|
(4)
|
(2)
|
|
Other |
22
|
13
|
9
|
6
|
(12)
|
(5)
|
(5)
|
(4)
|
(4)
|
(6)
|
(7)
|
(7)
|
(5)
|
(2)
|
(2)
|
(3)
|
(6)
|
(19)
|
(57)
|
(59)
|
(59)
|
(47)
|
(54)
|
(53)
|
(53)
|
(48)
|
73
|
70
|
71
|
67
|
(15)
|
(10)
|
(17)
|
(16)
|
(13)
|
(12)
|
(8)
|
(9)
|
|
Cash from Financing Activities |
625
0%
|
627
+40%
|
447
+176%
|
162
N/A
|
(71)
N/A
|
119
-54%
|
257
-24%
|
337
-28%
|
467
+243%
|
136
N/A
|
(106)
+46%
|
(196)
-12%
|
(174)
+19%
|
(214)
N/A
|
104
-7%
|
112
-59%
|
271
-24%
|
356
N/A
|
(20)
N/A
|
413
+407%
|
82
+11%
|
73
-48%
|
142
N/A
|
(267)
-28%
|
(209)
+61%
|
(541)
N/A
|
46
-45%
|
84
-71%
|
290
-55%
|
652
+22%
|
536
-29%
|
754
+3%
|
733
+2%
|
717
+33%
|
540
+36%
|
395
+14%
|
346
-6%
|
368
N/A
|
|
Change in Cash | |||||||||||||||||||||||||||||||||||||||
Net Change in Cash |
1 601
+16%
|
1 375
+27%
|
1 085
+75%
|
619
+2 589%
|
23
-67%
|
69
-8%
|
75
+11%
|
68
+9%
|
62
N/A
|
(6)
N/A
|
1
+800%
|
0
-99%
|
8
N/A
|
(17)
+25%
|
(23)
-3 767%
|
(1)
+98%
|
(39)
-107%
|
(19)
-41%
|
(13)
-2 133%
|
(1)
N/A
|
38
N/A
|
38
+23%
|
31
N/A
|
(2)
+37%
|
(3)
+61%
|
(8)
-660%
|
(1)
+92%
|
(12)
+43%
|
(21)
-494%
|
(4)
-200%
|
(1)
+94%
|
(20)
N/A
|
8
N/A
|
(3)
+71%
|
(11)
+76%
|
(47)
N/A
|
18
-19%
|
22
N/A
|
|
Free Cash Flow | |||||||||||||||||||||||||||||||||||||||
Free Cash Flow |
55
+13%
|
48
+23%
|
39
+6%
|
37
+12%
|
33
+6%
|
32
+5%
|
30
+4%
|
29
-10%
|
32
+4%
|
31
-10%
|
34
-8%
|
37
+2%
|
36
-7%
|
39
+10%
|
36
-2%
|
36
+5%
|
35
+11%
|
31
-3%
|
32
N/A
|
(12)
-284%
|
(3)
N/A
|
8
-88%
|
70
-17%
|
85
-49%
|
167
-39%
|
275
N/A
|
(6)
N/A
|
41
N/A
|
(107)
+52%
|
(225)
N/A
|
6
N/A
|
(19)
N/A
|
32
+25%
|
25
+263%
|
7
+49%
|
5
+38%
|
3
+70%
|
2
N/A
|