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 | 5.2B | 4.8B | 6.5B | 7.6B | -- |
| Operating Revenue | 5.1B | 4.7B | 6.3B | 7.4B | -- |
| Cost Of Revenue | 3.8B | 3.5B | 5.2B | 5.4B | -- |
| Gross Profit | 1.5B | 1.4B | 1.3B | 2.2B | -- |
| Selling General And Administration | 166.0M | 148.0M | 142.0M | 136.0M | -- |
| General And Administrative Expense | 166.0M | 148.0M | 142.0M | 136.0M | -- |
| Other Operating Expenses | 49.0M | 7.0M | 51.0M | 24.0M | -- |
| Operating Expense | 366.0M | 319.0M | 144.0M | 350.0M | -- |
| Operating Income | 1.1B | 1.0B | 1.1B | 1.9B | -- |
| EBIT | 1.1B | 960.0M | 155.0M | 2.1B | -- |
| Interest Expense | 611.0M | 680.0M | 641.0M | 584.0M | -- |
| Interest Expense Non Operating | 611.0M | 680.0M | 641.0M | 584.0M | -- |
| Interest Income | 96.0M | 90.0M | 106.0M | 80.0M | -- |
| Interest Income Non Operating | 96.0M | 90.0M | 106.0M | 80.0M | -- |
| Net Interest Income | -650.0M | -687.0M | -596.0M | -567.0M | -- |
| Other Income Expense | 14.0M | -64.0M | -1.0B | 186.0M | -- |
| Other Non Operating Income Expenses | 64.0M | 106.0M | -4.0M | -42.0M | -- |
| Special Income Charges | 22.0M | -89.0M | -949.0M | 0.00 | -- |
| Restructuring And Mergern Acquisition | 1.0M | 14.0M | 49.0M | 0.00 | -- |
| Write Off | -23.0M | 75.0M | 900.0M | 0.00 | -- |
| Gain On Sale Of Security | 21.0M | 4.0M | -67.0M | 184.0M | -- |
| Earnings From Equity Interest | -93.0M | -85.0M | -18.0M | 44.0M | -- |
| Pretax Income | 456.0M | 280.0M | -486.0M | 1.5B | -- |
| Tax Provision | 521.0M | 388.0M | 757.0M | 320.0M | -- |
| Tax Effect Of Unusual Items | 6.5M | -12.8M | -406.4M | 40.5M | -- |
| Net Income From Continuing And Discontinued Operation | -28.0M | 2.0M | -954.0M | 1.0B | -- |
| Net Income From Continuing Operation Net Minority Interest | -28.0M | 2.0M | -954.0M | 1.0B | -- |
| Net Income Including Noncontrolling Interests | -65.0M | -108.0M | -1.2B | 1.1B | -- |
| Minority Interests | 37.0M | 110.0M | 289.0M | -115.0M | -- |
| Net Income Common Stockholders | -28.0M | 2.0M | -954.0M | 1.0B | -- |
| Net Income | -28.0M | 2.0M | -954.0M | 1.0B | -- |
| EBITDA | 1.8B | 1.6B | 1.3B | 3.3B | -- |
| Normalized EBITDA | 1.7B | 1.7B | 2.3B | 3.1B | -- |
| Reconciled Depreciation | 718.0M | 633.0M | 1.1B | 1.2B | -- |
| Basic EPS | -0.03 | 0.00 | -1.38 | 1.50 | -- |
| Diluted EPS | -0.03 | 0.00 | -1.38 | 1.49 | -- |
| Basic Average Shares | 832.3M | 812.2M | 690.9M | 690.5M | -- |
| Diluted Average Shares | 832.3M | 812.2M | 690.9M | 693.0M | -- |
| Total Unusual Items | 43.0M | -85.0M | -1.0B | 184.0M | -- |
| Total Unusual Items Excluding Goodwill | 43.0M | -85.0M | -1.0B | 184.0M | -- |
| Tax Rate For Calcs | 0.15 | 0.15 | 0.40 | 0.22 | -- |
| Normalized Income | -64.5M | 74.2M | -344.4M | 890.5M | -- |
| Diluted NI Availto Com Stockholders | -28.0M | 2.0M | -954.0M | 1.0B | -- |
| Impairment Of Capital Assets | -- | -- | 46.0M | 0.00 | -- |
| Net Income Continuous Operations | -65.0M | -108.0M | -1.2B | 1.1B | -- |
| Net Non Operating Interest Income Expense | -650.0M | -687.0M | -596.0M | -567.0M | -- |
| Other Gand A | 166.0M | 148.0M | 142.0M | 136.0M | -- |
| Other Special Charges | -- | -- | -- | -- | 21.0M |
| Other Taxes | -74.0M | -89.0M | -49.0M | 190.0M | -- |
| Reconciled Cost Of Revenue | 3.8B | 3.5B | 5.2B | 5.4B | -- |
| Total Expenses | 4.1B | 3.8B | 5.3B | 5.8B | -- |
| Total Operating Income As Reported | 966.0M | 810.0M | 78.0M | 2.2B | -- |
| Total Other Finance Cost | 135.0M | 97.0M | 61.0M | 63.0M | -- |
| 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 | 716.0M | 843.0M | 1.2B | 1.7B | -- |
| Cash Cash Equivalents And Short Term Investments | 716.0M | 843.0M | 1.2B | 1.7B | -- |
| Accounts Receivable | 713.0M | 209.0M | 272.0M | 491.0M | -- |
| Receivables | 1.5B | 509.0M | 586.0M | 890.0M | -- |
| Inventory | 1.5B | 1.6B | 1.6B | 1.5B | -- |
| Other Current Assets | 182.0M | 311.0M | 123.0M | 133.0M | -- |
| Current Assets | 3.9B | 3.2B | 3.5B | 4.2B | -- |
| Gross PPE | 30.0B | 30.4B | 29.2B | 28.8B | -- |
| Accumulated Depreciation | -10.2B | -11.2B | -10.6B | -9.8B | -- |
| Net PPE | 19.8B | 19.2B | 18.6B | 19.1B | -- |
| Goodwill | 237.0M | 237.0M | 237.0M | 237.0M | -- |
| Goodwill And Other Intangible Assets | 237.0M | 237.0M | 237.0M | 237.0M | -- |
| Investments And Advances | 467.0M | 560.0M | 645.0M | 663.0M | -- |
| Long Term Equity Investment | 467.0M | 560.0M | 645.0M | 663.0M | -- |
| Other Non Current Assets | 435.0M | 335.0M | 263.0M | 276.0M | -- |
| Total Non Current Assets | 21.3B | 20.9B | 20.3B | 20.9B | -- |
| Total Assets | 25.2B | 24.1B | 23.8B | 25.1B | -- |
| Current Debt | 858.0M | 529.0M | 967.0M | 575.0M | -- |
| Current Debt And Capital Lease Obligation | 858.0M | 529.0M | 967.0M | 575.0M | -- |
| Accounts Payable | 590.0M | 554.0M | 831.0M | 771.0M | -- |
| Payables | 791.0M | 698.0M | 858.0M | 824.0M | -- |
| Payables And Accrued Expenses | 791.0M | 698.0M | 858.0M | 824.0M | -- |
| Other Current Liabilities | 1.1B | 318.0M | 182.0M | 339.0M | -- |
| Current Liabilities | 2.8B | 1.5B | 2.0B | 1.7B | -- |
| Long Term Debt | 5.0B | 5.8B | 6.6B | 6.8B | -- |
| Long Term Debt And Capital Lease Obligation | 5.0B | 5.8B | 6.6B | 6.8B | -- |
| Other Non Current Liabilities | 2.1B | 2.0B | 2.1B | 2.1B | -- |
| Total Non Current Liabilities Net Minority Interest | 10.9B | 10.7B | 11.0B | 11.1B | -- |
| Total Liabilities Net Minority Interest | 13.7B | 12.2B | 13.0B | 12.8B | -- |
| Common Stock | 6.5B | 6.5B | 5.4B | 5.5B | -- |
| Capital Stock | 6.5B | 6.5B | 5.4B | 5.5B | -- |
| Retained Earnings | 4.9B | 4.9B | 4.9B | 5.5B | -- |
| Gains Losses Not Affecting Retained Earnings | -267.0M | 35.0M | -59.0M | -59.0M | -- |
| Other Equity Adjustments | -267.0M | 35.0M | -59.0M | -59.0M | -- |
| Common Stock Equity | 11.2B | 11.5B | 10.2B | 10.9B | -- |
| Stockholders Equity | 11.2B | 11.5B | 10.2B | 10.9B | -- |
| Total Equity Gross Minority Interest | 11.5B | 11.9B | 10.8B | 12.2B | -- |
| Minority Interest | 371.0M | 433.0M | 531.0M | 1.3B | -- |
| Total Capitalization | 16.2B | 17.3B | 16.9B | 17.7B | -- |
| Net Tangible Assets | 10.9B | 11.2B | 10.0B | 10.7B | -- |
| Tangible Book Value | 10.9B | 11.2B | 10.0B | 10.7B | -- |
| Working Capital | 1.2B | 1.7B | 1.5B | 2.4B | -- |
| Invested Capital | 17.1B | 17.8B | 17.8B | 18.3B | -- |
| Total Debt | 5.9B | 6.4B | 7.6B | 7.4B | -- |
| Net Debt | 5.2B | 5.5B | 6.4B | 5.7B | -- |
| Share Issued | 834.2M | 834.2M | 693.6M | 698.8M | -- |
| Ordinary Shares Number | 828.2M | 828.0M | 686.8M | 692.5M | -- |
| Construction In Progress | 1.2B | 1.9B | 1.5B | 1.4B | -- |
| Current Provisions | -- | -- | -- | -- | 283.0M |
| Finished Goods | 310.0M | 410.0M | 410.0M | 289.0M | -- |
| Investmentsin Joint Venturesat Cost | 467.0M | 560.0M | 645.0M | 663.0M | -- |
| Line Of Credit | 72.0M | 31.0M | 198.0M | 0.00 | -- |
| Long Term Provisions | -- | -- | -- | -- | 2.3B |
| Machinery Furniture Equipment | 16.7B | 16.7B | 16.4B | 16.5B | -- |
| Non Current Accounts Receivable | 415.0M | 515.0M | 521.0M | 519.0M | -- |
| Non Current Deferred Assets | 6.0M | 50.0M | 50.0M | 163.0M | -- |
| Non Current Deferred Liabilities | 3.8B | 2.8B | 2.3B | 2.2B | -- |
| Non Current Deferred Revenue | 2.8B | 1.8B | 1.4B | 1.3B | -- |
| Non Current Deferred Taxes Assets | 6.0M | 50.0M | 50.0M | 163.0M | -- |
| Non Current Deferred Taxes Liabilities | 1.0B | 1.0B | 874.0M | 857.0M | -- |
| Other Current Borrowings | 786.0M | 498.0M | 769.0M | 575.0M | -- |
| Other Receivables | 260.0M | 60.0M | 161.0M | 264.0M | -- |
| Raw Materials | 1.2B | 1.1B | 1.1B | 1.1B | -- |
| Taxes Receivable | 498.0M | 240.0M | 153.0M | 135.0M | -- |
| Total Tax Payable | 201.0M | 144.0M | 27.0M | 53.0M | -- |
| Treasury Shares Number | 6.0M | 6.2M | 6.8M | 6.3M | -- |
| Work In Process | 40.0M | 25.0M | 37.0M | 48.0M | -- |
| 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 | 2.1B | 1.7B | 1.4B | 2.3B | -- |
| Cash Flow From Continuing Operating Activities | 2.1B | 1.7B | 1.4B | 2.3B | -- |
| Depreciation And Amortization | 718.0M | 633.0M | 1.1B | 1.2B | -- |
| Depreciation Amortization Depletion | 718.0M | 633.0M | 1.1B | 1.2B | -- |
| Stock Based Compensation | 58.0M | 54.0M | 50.0M | 47.0M | -- |
| Deferred Tax | 447.0M | 299.0M | 708.0M | 510.0M | -- |
| Deferred Income Tax | 447.0M | 299.0M | 708.0M | 510.0M | -- |
| Change In Working Capital | -485.0M | -230.0M | 108.0M | -216.0M | -- |
| Change In Receivables | -477.0M | 50.0M | 277.0M | -111.0M | -- |
| Change In Inventory | -40.0M | -5.0M | -147.0M | -144.0M | -- |
| Change In Payables And Accrued Expense | 32.0M | -275.0M | -22.0M | 39.0M | -- |
| Change In Payable | 32.0M | -275.0M | -22.0M | 39.0M | -- |
| Other Non Cash Items | 1.8B | 997.0M | 367.0M | 379.0M | -- |
| Capital Expenditure | -1.1B | -1.3B | -1.3B | -1.2B | -- |
| Purchase Of PPE | -1.1B | -1.3B | -1.3B | -1.2B | -- |
| Net PPE Purchase And Sale | -1.1B | -1.3B | -1.3B | -1.2B | -- |
| Purchase Of Business | -- | 0.00 | -105.0M | 0.00 | -100.0M |
| Investing Cash Flow | -1.2B | -1.3B | -1.4B | -1.2B | -- |
| Cash Flow From Continuing Investing Activities | -1.2B | -1.3B | -1.4B | -1.2B | -- |
| Issuance Of Debt | 2.7B | 3.0B | 2.8B | 2.6B | -- |
| Repayment Of Debt | -3.3B | -4.0B | -2.8B | -3.2B | -- |
| Net Issuance Payments Of Debt | -566.0M | -1.1B | -17.0M | -547.0M | -- |
| Issuance Of Capital Stock | 0.00 | 1.1B | 0.00 | -- | -- |
| Net Common Stock Issuance | 0.00 | 1.1B | 0.00 | -- | -- |
| Financing Cash Flow | -1.0B | -501.0M | -776.0M | -1.3B | -- |
| Cash Flow From Continuing Financing Activities | -1.0B | -501.0M | -776.0M | -1.3B | -- |
| Effect Of Exchange Rate Changes | 1.0M | -3.0M | 0.00 | -2.0M | -- |
| Changes In Cash | -166.0M | -144.0M | -729.0M | -169.0M | -- |
| Beginning Cash Position | 812.0M | 959.0M | 1.7B | 1.9B | -- |
| End Cash Position | 644.0M | 812.0M | 959.0M | 1.7B | -- |
| Free Cash Flow | 948.0M | 365.0M | 127.0M | 1.2B | -- |
| Asset Impairment Charge | -23.0M | 75.0M | 900.0M | 0.00 | -- |
| Cash Dividends Paid | 0.00 | 0.00 | -93.0M | -75.0M | -- |
| Common Stock Issuance | 0.00 | 1.1B | 0.00 | -- | -- |
| Depreciation | 718.0M | 633.0M | 1.1B | 1.2B | -- |
| Earnings Losses From Equity Investments | 93.0M | 85.0M | 18.0M | -44.0M | -- |
| Interest Paid Cff | -436.0M | -519.0M | -527.0M | -448.0M | -- |
| Interest Received Cfi | -57.0M | -19.0M | 25.0M | -3.0M | -- |
| Long Term Debt Issuance | 2.7B | 3.0B | 2.8B | 2.5B | -- |
| Long Term Debt Payments | -3.3B | -4.0B | -2.8B | -3.2B | -- |
| Net Business Purchase And Sale | -- | 0.00 | -105.0M | 0.00 | -100.0M |
| Net Foreign Currency Exchange Gain Loss | -33.0M | -26.0M | 23.0M | -175.0M | -- |
| Net Income From Continuing Operations | -65.0M | -108.0M | -1.2B | 1.1B | -- |
| Net Long Term Debt Issuance | -566.0M | -1.1B | -17.0M | -636.0M | -- |
| Net Other Financing Charges | -45.0M | -20.0M | -139.0M | -261.0M | -- |
| Net Other Investing Changes | -10.0M | 11.0M | -- | 21.0M | 1.0M |
| Net Short Term Debt Issuance | -- | -- | 24.0M | 89.0M | -280.0M |
| Operating Gains Losses | 60.0M | 59.0M | 41.0M | -219.0M | -- |
| Other Cash Adjustment Outside Changein Cash | -3.0M | 0.00 | -- | -- | -- |
| Short Term Debt Issuance | -- | -- | 24.0M | 89.0M | -- |
| Short Term Debt Payments | -- | -- | -- | -- | -280.0M |
| Taxes Refund Paid | -378.0M | -128.0M | -625.0M | -548.0M | -- |