Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Total Revenue | 849.0M | 853.0M | 1.0B | 836.0M | 691.0M |
| Operating Revenue | 796.0M | 817.0M | 994.0M | 818.0M | 671.0M |
| Cost Of Revenue | -- | -- | -- | 258.0M | 153.0M |
| Gross Profit | -- | -- | -- | 578.0M | 538.0M |
| Selling General And Administration | 71.0M | 75.0M | 71.0M | 55.0M | 37.0M |
| General And Administrative Expense | 71.0M | 75.0M | 71.0M | 55.0M | 37.0M |
| Research And Development | 62.0M | 57.0M | 45.0M | 33.0M | 24.0M |
| Depreciation And Amortization In Income Statement | 321.0M | 297.0M | 313.0M | 295.0M | 301.0M |
| Other Operating Expenses | 212.0M | 193.0M | 367.0M | 256.0M | 147.0M |
| Operating Expense | 666.0M | 622.0M | 796.0M | 639.0M | 509.0M |
| Operating Income | 183.0M | 231.0M | 226.0M | 197.0M | 182.0M |
| EBIT | 191.0M | 232.0M | 277.0M | 135.0M | 167.0M |
| Interest Expense | 154.0M | 122.0M | 123.0M | 117.0M | 123.0M |
| Interest Expense Non Operating | 154.0M | 122.0M | 123.0M | 117.0M | 123.0M |
| Interest Income | 17.0M | 19.0M | 16.0M | 8.0M | -- |
| Interest Income Non Operating | 17.0M | 19.0M | 16.0M | 8.0M | -- |
| Net Interest Income | -162.0M | -124.0M | -129.0M | -130.0M | -144.0M |
| Other Income Expense | 16.0M | 3.0M | 57.0M | -49.0M | 6.0M |
| Other Non Operating Income Expenses | -5.0M | -3.0M | 1.0M | 3.0M | 1.0M |
| Special Income Charges | -17.0M | -40.0M | -3.0M | -89.0M | -4.0M |
| Restructuring And Mergern Acquisition | -- | 1.0M | 3.0M | 4.0M | 4.0M |
| Write Off | 0.00 | 35.0M | 0.00 | 85.0M | 4.0M |
| Earnings From Equity Interest | 38.0M | 46.0M | 59.0M | 37.0M | 9.0M |
| Pretax Income | 37.0M | 110.0M | 154.0M | 18.0M | 44.0M |
| Tax Provision | 4.0M | 36.0M | 39.0M | 10.0M | 18.0M |
| Tax Effect Of Unusual Items | -1.8M | -13.1M | -759,740 | -23.3M | -1.1M |
| Net Income From Continuing And Discontinued Operation | 7.0M | 36.0M | 78.0M | 30.0M | 17.0M |
| Net Income From Continuing Operation Net Minority Interest | 7.0M | 36.0M | 78.0M | 30.0M | 17.0M |
| Net Income Including Noncontrolling Interests | 33.0M | 74.0M | 115.0M | 8.0M | 26.0M |
| Minority Interests | -26.0M | -38.0M | -37.0M | 22.0M | -9.0M |
| Net Income Common Stockholders | 7.0M | 36.0M | 78.0M | 30.0M | 17.0M |
| Net Income | 7.0M | 36.0M | 78.0M | 30.0M | 17.0M |
| EBITDA | 512.0M | 529.0M | 590.0M | 430.0M | 468.0M |
| Normalized EBITDA | 529.0M | 569.0M | 593.0M | 519.0M | 472.0M |
| Reconciled Depreciation | 321.0M | 297.0M | 313.0M | 295.0M | 301.0M |
| Basic EPS | 0.06 | 0.35 | 0.76 | 0.30 | 0.16 |
| Diluted EPS | 0.06 | 0.35 | 0.76 | 0.30 | 0.16 |
| Basic Average Shares | 102.8M | 102.8M | 102.8M | 102.7M | 102.6M |
| Diluted Average Shares | 102.8M | 102.8M | 102.8M | 102.8M | 102.8M |
| Total Unusual Items | -17.0M | -40.0M | -3.0M | -89.0M | -4.0M |
| Total Unusual Items Excluding Goodwill | -17.0M | -40.0M | -3.0M | -89.0M | -4.0M |
| Tax Rate For Calcs | 0.11 | 0.33 | 0.25 | 0.26 | 0.27 |
| Normalized Income | 22.2M | 62.9M | 80.2M | 95.7M | 19.9M |
| Amortization | 321.0M | 297.0M | 293.0M | 295.0M | 297.0M |
| Amortization Of Intangibles Income Statement | 321.0M | 297.0M | 293.0M | 295.0M | 297.0M |
| Depreciation Amortization Depletion Income Statement | 321.0M | 297.0M | 313.0M | 295.0M | 301.0M |
| Depreciation Income Statement | -- | 5.0M | 20.0M | 85.0M | 4.0M |
| Diluted NI Availto Com Stockholders | 7.0M | 36.0M | 78.0M | 30.0M | 17.0M |
| Gain On Sale Of Business | -- | -- | -- | -- | 0.00 |
| Impairment Of Capital Assets | 17.0M | 5.0M | -- | -- | -- |
| Net Income Continuous Operations | 33.0M | 74.0M | 115.0M | 8.0M | 26.0M |
| Net Non Operating Interest Income Expense | -162.0M | -124.0M | -129.0M | -130.0M | -144.0M |
| Other Gand A | 71.0M | 75.0M | 71.0M | 55.0M | 37.0M |
| Reconciled Cost Of Revenue | -- | -- | -- | 258.0M | 153.0M |
| Total Expenses | 666.0M | 622.0M | 796.0M | 639.0M | 509.0M |
| Total Operating Income As Reported | 166.0M | 226.0M | 226.0M | 112.0M | 182.0M |
| Total Other Finance Cost | 25.0M | 21.0M | 22.0M | 21.0M | 21.0M |
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 292.0M | 592.0M | 478.0M | 361.0M | 256.0M |
| Cash Cash Equivalents And Short Term Investments | 293.0M | 592.0M | 478.0M | 361.0M | 259.0M |
| Other Short Term Investments | 1.0M | -- | -- | 0.00 | 3.0M |
| Accounts Receivable | 245.0M | 264.0M | 236.0M | 234.0M | 148.0M |
| Receivables | 276.0M | 264.0M | 236.0M | 234.0M | 148.0M |
| Other Current Assets | 36.0M | 37.0M | 35.0M | 30.0M | 50.0M |
| Current Assets | 656.0M | 923.0M | 771.0M | 638.0M | 460.0M |
| Gross PPE | 6.9B | 6.3B | 5.4B | 5.1B | 4.9B |
| Accumulated Depreciation | -2.2B | -1.9B | -1.7B | -1.5B | -1.3B |
| Net PPE | 4.7B | 4.4B | 3.7B | 3.7B | 3.6B |
| Goodwill | 246.0M | 237.0M | 234.0M | 233.0M | 218.0M |
| Goodwill And Other Intangible Assets | 1.2B | 1.2B | 1.2B | 1.3B | 1.4B |
| Other Intangible Assets | 951.0M | 963.0M | 986.0M | 1.1B | 1.1B |
| Investments And Advances | 675.0M | 592.0M | 526.0M | 565.0M | 140.0M |
| Long Term Equity Investment | 646.0M | 580.0M | 510.0M | 536.0M | 107.0M |
| Other Non Current Assets | 282.0M | 269.0M | 121.0M | 78.0M | 90.0M |
| Total Non Current Assets | 7.0B | 6.7B | 5.8B | 5.9B | 5.3B |
| Total Assets | 7.6B | 7.6B | 6.6B | 6.5B | 5.8B |
| Current Debt | 232.0M | 344.0M | 277.0M | 416.0M | 220.0M |
| Current Debt And Capital Lease Obligation | 255.0M | 366.0M | 297.0M | 434.0M | 236.0M |
| Accounts Payable | 242.0M | 590.0M | 38.0M | 57.0M | 45.0M |
| Payables | 242.0M | 590.0M | 310.0M | 208.0M | 81.0M |
| Payables And Accrued Expenses | 242.0M | 590.0M | 412.0M | 377.0M | 145.0M |
| Current Accrued Expenses | -- | 129.0M | 102.0M | 169.0M | 64.0M |
| Other Current Liabilities | 13.0M | 9.0M | 6.0M | 10.0M | 14.0M |
| Current Liabilities | 510.0M | 965.0M | 715.0M | 821.0M | 395.0M |
| Long Term Debt | 4.1B | 3.6B | 3.0B | 2.9B | 3.4B |
| Long Term Debt And Capital Lease Obligation | 4.4B | 3.9B | 3.3B | 3.2B | 3.7B |
| Long Term Capital Lease Obligation | 324.0M | 318.0M | 327.0M | 300.0M | 290.0M |
| Other Non Current Liabilities | 398.0M | 344.0M | 176.0M | 38.0M | 35.0M |
| Total Non Current Liabilities Net Minority Interest | 5.1B | 4.6B | 3.8B | 3.7B | 4.1B |
| Total Liabilities Net Minority Interest | 5.7B | 5.6B | 4.5B | 4.5B | 4.5B |
| Common Stock | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B |
| Capital Stock | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B |
| Additional Paid In Capital | 13.0M | 12.0M | 11.0M | 10.0M | 9.0M |
| Retained Earnings | 90.0M | 151.0M | 183.0M | 174.0M | -299.0M |
| Gains Losses Not Affecting Retained Earnings | 116.0M | 115.0M | 112.0M | 174.0M | -29.0M |
| Other Equity Adjustments | 116.0M | 115.0M | 112.0M | 174.0M | -29.0M |
| Common Stock Equity | 1.5B | 1.6B | 1.6B | 1.7B | 1.0B |
| Stockholders Equity | 1.5B | 1.6B | 1.6B | 1.7B | 1.0B |
| Total Equity Gross Minority Interest | 2.0B | 2.0B | 2.0B | 2.0B | 1.2B |
| Minority Interest | 449.0M | 424.0M | 395.0M | 345.0M | 210.0M |
| Total Capitalization | 5.6B | 5.2B | 4.6B | 4.6B | 4.4B |
| Net Tangible Assets | 345.0M | 401.0M | 409.0M | 389.0M | -364.0M |
| Tangible Book Value | 345.0M | 401.0M | 409.0M | 389.0M | -364.0M |
| Working Capital | 146.0M | -42.0M | 56.0M | -183.0M | 65.0M |
| Invested Capital | 5.9B | 5.6B | 4.9B | 5.0B | 4.6B |
| Total Debt | 4.7B | 4.3B | 3.6B | 3.6B | 3.9B |
| Net Debt | 4.0B | 3.4B | 2.8B | 2.9B | 3.3B |
| Share Issued | 102.8M | 102.8M | 102.8M | 102.8M | 102.6M |
| Ordinary Shares Number | 102.8M | 102.8M | 102.8M | 102.8M | 102.6M |
| Available For Sale Securities | 29.0M | 12.0M | 16.0M | 29.0M | 33.0M |
| Capital Lease Obligations | 347.0M | 340.0M | 347.0M | 318.0M | 306.0M |
| Construction In Progress | 568.0M | 814.0M | 157.0M | -- | -- |
| Current Capital Lease Obligation | 23.0M | 22.0M | 20.0M | 18.0M | 16.0M |
| Derivative Product Liabilities | 99.0M | 70.0M | 40.0M | 32.0M | 48.0M |
| Dueto Related Parties Current | -- | -- | 7.0M | 1.0M | -- |
| Dueto Related Parties Non Current | -- | -- | -- | -- | 18.0M |
| Financial Assets | 174.0M | 174.0M | 211.0M | 291.0M | 62.0M |
| Hedging Assets Current | -- | 11.0M | 0.00 | -- | -- |
| Interest Payable | -- | 15.0M | 12.0M | 11.0M | 8.0M |
| Investmentin Financial Assets | 29.0M | 12.0M | 16.0M | 29.0M | 33.0M |
| Line Of Credit | 0.00 | 5.0M | 6.0M | 12.0M | 0.00 |
| Loans Receivable | 31.0M | -- | -- | -- | -- |
| Long Term Provisions | -- | -- | 139.0M | 129.0M | 191.0M |
| Non Current Deferred Liabilities | 246.0M | 256.0M | 260.0M | 267.0M | 174.0M |
| Non Current Deferred Taxes Liabilities | 246.0M | 256.0M | 260.0M | 267.0M | 174.0M |
| Other Current Borrowings | 232.0M | 339.0M | 271.0M | 404.0M | 220.0M |
| Other Payable | -- | 72.0M | 265.0M | 151.0M | 31.0M |
| Other Properties | 578.0M | 552.0M | 531.0M | 469.0M | 516.0M |
| Restricted Cash | 51.0M | 19.0M | 22.0M | 13.0M | 3.0M |
| Total Tax Payable | -- | -- | -- | 6.0M | 5.0M |
| Tradeand Other Payables Non Current | -- | 9.0M | 37.0M | 53.0M | 6.0M |
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Operating Cash Flow | 362.0M | 215.0M | 496.0M | 513.0M | 345.0M |
| Cash Flow From Continuing Operating Activities | 362.0M | 215.0M | 496.0M | 510.0M | 345.0M |
| Depreciation And Amortization | 321.0M | 297.0M | 313.0M | 295.0M | 301.0M |
| Depreciation Amortization Depletion | 321.0M | 297.0M | 313.0M | 295.0M | 301.0M |
| Deferred Tax | 4.0M | 36.0M | 39.0M | 10.0M | 18.0M |
| Deferred Income Tax | 4.0M | 36.0M | 39.0M | 10.0M | 18.0M |
| Change In Working Capital | -30.0M | -200.0M | 51.0M | 110.0M | -18.0M |
| Change In Receivables | 44.0M | -10.0M | 21.0M | -83.0M | -7.0M |
| Change In Payables And Accrued Expense | -72.0M | -188.0M | 36.0M | 194.0M | -5.0M |
| Change In Payable | -72.0M | -188.0M | 36.0M | 194.0M | -5.0M |
| Change In Other Current Assets | -2.0M | -2.0M | -6.0M | -1.0M | -6.0M |
| Other Non Cash Items | 171.0M | 118.0M | 132.0M | 137.0M | 144.0M |
| Capital Expenditure | -654.0M | -452.0M | -280.0M | -254.0M | -179.0M |
| Purchase Of PPE | -611.0M | -398.0M | -260.0M | -246.0M | -167.0M |
| Net PPE Purchase And Sale | -611.0M | -398.0M | -260.0M | -246.0M | -167.0M |
| Purchase Of Business | -84.0M | -119.0M | -39.0M | -409.0M | -280.0M |
| Sale Of Business | -- | 0.00 | 61.0M | 0.00 | -- |
| Net Investment Purchase And Sale | -- | -2.0M | 21.0M | 4.0M | -- |
| Investing Cash Flow | -798.0M | -578.0M | -268.0M | -684.0M | -433.0M |
| Cash Flow From Continuing Investing Activities | -798.0M | -578.0M | -268.0M | -684.0M | -433.0M |
| Issuance Of Debt | 656.0M | 955.0M | 269.0M | 184.0M | 292.0M |
| Repayment Of Debt | -417.0M | -335.0M | -459.0M | -364.0M | -253.0M |
| Net Issuance Payments Of Debt | 239.0M | 620.0M | -190.0M | -382.0M | 163.0M |
| Issuance Of Capital Stock | -- | -- | -- | -- | 0.00 |
| Repurchase Of Capital Stock | -- | -- | -- | -12.0M | 0.00 |
| Net Common Stock Issuance | -- | -- | -- | -12.0M | 0.00 |
| Common Stock Dividend Paid | -- | -68.0M | -68.0M | -68.0M | -68.0M |
| Common Stock Payments | -- | -- | -- | -12.0M | 0.00 |
| Financing Cash Flow | 132.0M | 479.0M | -109.0M | 261.0M | 75.0M |
| Cash Flow From Continuing Financing Activities | 132.0M | 479.0M | -109.0M | 261.0M | 75.0M |
| Effect Of Exchange Rate Changes | 9.0M | -1.0M | 4.0M | 3.0M | -6.0M |
| Changes In Cash | -304.0M | 116.0M | 119.0M | 90.0M | -13.0M |
| Beginning Cash Position | 587.0M | 472.0M | 349.0M | 256.0M | 275.0M |
| End Cash Position | 292.0M | 587.0M | 472.0M | 349.0M | 256.0M |
| Free Cash Flow | -292.0M | -237.0M | 216.0M | 259.0M | 166.0M |
| Amortization Cash Flow | 321.0M | 297.0M | 293.0M | 295.0M | 297.0M |
| Amortization Of Intangibles | 321.0M | 297.0M | 293.0M | 295.0M | 297.0M |
| Asset Impairment Charge | 17.0M | 40.0M | 0.00 | 85.0M | 4.0M |
| Cash Dividends Paid | -68.0M | -68.0M | -68.0M | -68.0M | -68.0M |
| Common Stock Issuance | -- | -- | -- | -- | 0.00 |
| Depreciation | -- | 5.0M | 20.0M | 85.0M | 4.0M |
| Dividend Received Cfo | 51.0M | 39.0M | 37.0M | 17.0M | 20.0M |
| Earnings Losses From Equity Investments | -38.0M | -46.0M | -59.0M | -37.0M | -9.0M |
| Gain Loss On Sale Of Business | -- | -- | -- | -- | 0.00 |
| Interest Paid Cfo | -158.0M | -132.0M | -122.0M | -113.0M | -123.0M |
| Interest Received Cfo | 11.0M | 19.0M | 16.0M | 8.0M | -- |
| Long Term Debt Issuance | 656.0M | 955.0M | 269.0M | 184.0M | 292.0M |
| Long Term Debt Payments | -417.0M | -335.0M | -459.0M | -364.0M | -253.0M |
| Net Business Purchase And Sale | -84.0M | -119.0M | 22.0M | -409.0M | -280.0M |
| Net Income From Continuing Operations | 33.0M | 74.0M | 115.0M | 8.0M | 26.0M |
| Net Intangibles Purchase And Sale | -43.0M | -54.0M | -20.0M | -8.0M | -12.0M |
| Net Long Term Debt Issuance | 239.0M | 620.0M | -190.0M | -180.0M | 39.0M |
| Net Other Financing Charges | -39.0M | -73.0M | 149.0M | 711.0M | -20.0M |
| Net Other Investing Changes | -60.0M | -7.0M | -31.0M | -25.0M | 26.0M |
| Net Short Term Debt Issuance | -- | -- | 149.0M | -202.0M | 124.0M |
| Operating Gains Losses | -38.0M | -46.0M | -59.0M | -37.0M | -9.0M |
| Purchase Of Intangibles | -43.0M | -54.0M | -20.0M | -8.0M | -12.0M |
| Taxes Refund Paid | -20.0M | -30.0M | -26.0M | -7.0M | -14.0M |