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 | 2.4B | 2.3B | 2.2B | 2.4B | 2.1B |
| Operating Revenue | 2.4B | 2.3B | 2.2B | 2.4B | 2.1B |
| Cost Of Revenue | -- | -- | 211.7M | 270.4M | 213.5M |
| Gross Profit | -- | -- | 2.0B | 2.2B | 1.9B |
| Selling General And Administration | 118.7M | 113.1M | 115.2M | 84.0M | 67.7M |
| General And Administrative Expense | 118.7M | 113.1M | 115.2M | 84.0M | 67.7M |
| Research And Development | 63.9M | 63.1M | 114.2M | 78.2M | 77.7M |
| Depreciation And Amortization In Income Statement | 715.6M | 673.7M | 652.6M | 624.7M | 636.0M |
| Other Operating Expenses | 751.3M | 661.2M | 627.7M | 355.8M | 332.2M |
| Operating Expense | 1.6B | 1.5B | 1.5B | 1.1B | 1.1B |
| Operating Income | 785.5M | 835.1M | 723.1M | 1.0B | 766.2M |
| EBIT | 168.8M | 911.7M | 286.2M | 1.6B | 736.7M |
| Interest Expense | 318.0M | 348.1M | 343.2M | 308.5M | 313.5M |
| Interest Expense Non Operating | 318.0M | 348.1M | 343.2M | 308.5M | 313.5M |
| Interest Income | 62.2M | 81.8M | 72.4M | 24.8M | 15.2M |
| Interest Income Non Operating | 62.2M | 81.8M | 72.4M | 24.8M | 15.2M |
| Net Interest Income | -281.9M | -299.0M | -303.8M | -308.0M | -326.5M |
| Other Income Expense | -652.8M | 27.4M | -476.3M | 532.4M | -16.5M |
| Other Non Operating Income Expenses | 3.7M | 67.5M | 19.8M | 32.8M | -25.0M |
| Special Income Charges | -527.2M | 9.1M | 47.8M | 0.00 | -30.0M |
| Write Off | 527.2M | 0.00 | -- | 0.00 | 30.0M |
| Gain On Sale Of Security | -322.9M | -93.0M | -264.2M | 502.5M | 38.5M |
| Earnings From Equity Interest | 193.5M | 43.7M | -279.8M | -2.9M | -- |
| Pretax Income | -149.2M | 563.6M | -57.0M | 1.3B | 423.2M |
| Tax Provision | -40.9M | 192.2M | 39.1M | 304.7M | 153.4M |
| Tax Effect Of Unusual Items | -232.9M | -28.6M | -86.5M | 121.5M | 3.1M |
| Net Income From Continuing And Discontinued Operation | -163.2M | 271.8M | -175.2M | 827.7M | 189.6M |
| Net Income From Continuing Operation Net Minority Interest | -163.2M | 271.8M | -175.2M | 827.7M | 189.6M |
| Net Income Including Noncontrolling Interests | -108.4M | 371.4M | -96.1M | 955.5M | 269.9M |
| Minority Interests | -54.9M | -99.6M | -79.1M | -127.7M | -80.3M |
| Net Income Common Stockholders | -169.6M | 265.7M | -181.3M | 816.5M | 178.7M |
| Net Income | -163.2M | 271.8M | -175.2M | 827.7M | 189.6M |
| EBITDA | 884.4M | 1.6B | 938.8M | 2.2B | 1.4B |
| Normalized EBITDA | 1.7B | 1.7B | 1.2B | 1.7B | 1.4B |
| Reconciled Depreciation | 715.6M | 673.7M | 652.6M | 624.7M | 636.0M |
| Basic EPS | -0.65 | 1.03 | -0.72 | 3.46 | 0.82 |
| Diluted EPS | -0.65 | 1.03 | -0.72 | 3.46 | 0.82 |
| Basic Average Shares | 261.3M | 257.3M | 252.7M | 236.2M | 218.9M |
| Diluted Average Shares | 261.3M | 257.3M | 252.7M | 236.2M | 218.9M |
| Total Unusual Items | -850.0M | -83.9M | -216.3M | 502.5M | 8.5M |
| Total Unusual Items Excluding Goodwill | -850.0M | -83.9M | -216.3M | 502.5M | 8.5M |
| Tax Rate For Calcs | 0.27 | 0.34 | 0.40 | 0.24 | 0.36 |
| Normalized Income | 453.9M | 327.1M | -45.4M | 446.7M | 184.1M |
| Amortization | 62.7M | 58.4M | 57.0M | 53.6M | 23.3M |
| Amortization Of Intangibles Income Statement | 62.7M | 58.4M | 57.0M | 53.6M | 23.3M |
| Average Dilution Earnings | -- | -- | -- | -- | 0.00 |
| Depreciation Amortization Depletion Income Statement | 715.6M | 673.7M | 652.6M | 624.7M | 636.0M |
| Depreciation Income Statement | 652.9M | 615.3M | 595.6M | 571.1M | 612.8M |
| Diluted NI Availto Com Stockholders | -169.6M | 265.7M | -181.3M | 816.5M | 178.7M |
| Gain On Sale Of Business | 0.00 | -43.9M | 211.0M | -- | -- |
| Impairment Of Capital Assets | -- | 0.00 | 163.2M | 0.00 | -- |
| Net Income Continuous Operations | -108.4M | 371.4M | -96.1M | 955.5M | 269.9M |
| Net Non Operating Interest Income Expense | -281.9M | -299.0M | -303.8M | -308.0M | -326.5M |
| Other Gand A | 118.7M | 113.1M | 115.2M | 84.0M | 67.7M |
| Other Special Charges | -- | -53.0M | -- | -- | -- |
| Preferred Stock Dividends | 6.3M | 6.2M | 6.1M | 11.2M | 10.8M |
| Reconciled Cost Of Revenue | -- | -- | 211.7M | 270.4M | 213.5M |
| Total Expenses | 1.6B | 1.5B | 1.5B | 1.4B | 1.3B |
| Total Operating Income As Reported | 279.4M | 812.9M | 578.0M | 1.1B | 785.4M |
| Total Other Finance Cost | 26.0M | 32.6M | 33.0M | 24.3M | 28.2M |
| 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 | 643.3M | 613.3M | 740.2M | 1.3B | 673.7M |
| Cash Cash Equivalents And Short Term Investments | 643.3M | 613.3M | 740.2M | 1.3B | 673.7M |
| Other Short Term Investments | -- | -- | 0.00 | 25.0M | -- |
| Accounts Receivable | 304.8M | 272.9M | 396.0M | 549.6M | 383.3M |
| Receivables | 395.7M | 536.0M | 396.0M | 549.6M | 388.2M |
| Inventory | -- | -- | -- | 43.8M | 36.6M |
| Prepaid Assets | -- | -- | -- | 122.0M | 36.4M |
| Other Current Assets | 114.1M | 119.7M | 97.5M | 90.5M | -- |
| Current Assets | 1.2B | 1.4B | 1.4B | 2.3B | 1.4B |
| Gross PPE | 14.3B | 13.6B | 13.3B | 12.9B | 13.0B |
| Accumulated Depreciation | -6.2B | -4.7B | -4.1B | -3.5B | -3.4B |
| Net PPE | 8.2B | 8.9B | 9.2B | 9.4B | 9.6B |
| Goodwill | 669.2M | 617.6M | 639.3M | 712.6M | 753.4M |
| Goodwill And Other Intangible Assets | 1.1B | 1.0B | 1.1B | 1.2B | 1.3B |
| Other Intangible Assets | 392.6M | 393.9M | 446.9M | 515.8M | 497.6M |
| Investments And Advances | 1.2B | 1.0B | 899.9M | 441.6M | 138.7M |
| Long Term Equity Investment | 1.2B | 1.0B | 899.9M | 441.6M | 138.7M |
| Other Non Current Assets | 149.3M | 18.1M | 23.3M | 7.4M | 4.0M |
| Total Non Current Assets | 12.0B | 12.2B | 12.2B | 11.9B | 11.5B |
| Total Assets | 13.2B | 13.6B | 13.6B | 14.2B | 12.9B |
| Current Debt | 787.4M | 878.6M | 759.8M | 793.9M | 677.4M |
| Current Debt And Capital Lease Obligation | 787.4M | 878.6M | 759.8M | 793.9M | 690.3M |
| Accounts Payable | 74.8M | 169.0M | 161.6M | 153.6M | 138.3M |
| Payables | 171.5M | 275.5M | 331.6M | 714.9M | 488.7M |
| Payables And Accrued Expenses | 299.5M | 379.5M | 460.6M | 851.9M | 488.7M |
| Current Accrued Expenses | 128.0M | 104.0M | 129.0M | 137.0M | -- |
| Other Current Liabilities | 56.5M | 73.0M | 55.6M | 130.1M | 197.6M |
| Current Liabilities | 1.1B | 1.3B | 1.3B | 1.9B | 1.4B |
| Long Term Debt | 6.1B | 6.3B | 6.4B | 6.2B | 7.0B |
| Long Term Debt And Capital Lease Obligation | 6.1B | 6.3B | 6.4B | 6.2B | 7.2B |
| Long Term Capital Lease Obligation | -- | -- | -- | 138.5M | 138.1M |
| Other Non Current Liabilities | 701.3M | 648.4M | 740.4M | 705.4M | 98.9M |
| Total Non Current Liabilities Net Minority Interest | 7.7B | 7.7B | 7.9B | 7.6B | 8.5B |
| Total Liabilities Net Minority Interest | 8.8B | 9.0B | 9.1B | 9.5B | 9.9B |
| Common Stock | 5.2B | 5.2B | 5.1B | 4.9B | 4.0B |
| Capital Stock | 5.4B | 5.3B | 5.2B | 5.1B | 4.3B |
| Additional Paid In Capital | 7.3M | 6.3M | 6.0M | 5.5M | 3.6M |
| Retained Earnings | -1.7B | -1.2B | -1.2B | -701.1M | -1.2B |
| Gains Losses Not Affecting Retained Earnings | 363.6M | 43.6M | 107.7M | -4.0M | -280.0M |
| Other Equity Adjustments | 363.6M | 43.6M | 107.7M | -4.0M | -- |
| Common Stock Equity | 3.9B | 4.0B | 4.0B | 4.2B | 2.5B |
| Stockholders Equity | 4.1B | 4.2B | 4.2B | 4.4B | 2.8B |
| Total Equity Gross Minority Interest | 4.4B | 4.6B | 4.5B | 4.7B | 3.0B |
| Minority Interest | 363.3M | 370.3M | 297.5M | 333.1M | 208.8M |
| Total Capitalization | 10.1B | 10.5B | 10.6B | 10.6B | 9.8B |
| Net Tangible Assets | 3.0B | 3.2B | 3.1B | 3.2B | 1.5B |
| Tangible Book Value | 2.9B | 3.0B | 3.0B | 3.0B | 1.2B |
| Working Capital | 83.7M | 61.0M | 170.7M | 440.1M | 10.1M |
| Invested Capital | 10.8B | 11.2B | 11.2B | 11.2B | 10.2B |
| Total Debt | 6.9B | 7.2B | 7.2B | 7.0B | 7.9B |
| Net Debt | 6.2B | 6.6B | 6.5B | 5.7B | 7.0B |
| Share Issued | 261.5M | 259.9M | 254.9M | 250.0M | 226.9M |
| Ordinary Shares Number | 261.5M | 259.9M | 254.9M | 250.0M | 226.9M |
| Capital Lease Obligations | -- | -- | -- | 155.2M | 151.0M |
| Construction In Progress | 136.9M | 671.4M | 217.7M | 841.3M | 622.2M |
| Current Capital Lease Obligation | -- | -- | -- | 16.7M | 12.9M |
| Current Provisions | -- | -- | -- | 133.0M | 27.9M |
| Derivative Product Liabilities | 393.6M | 187.4M | 100.5M | 8.7M | 290.7M |
| Dividends Payable | 16.4M | 26.7M | 26.1M | 25.7M | 24.9M |
| Dueto Related Parties Current | -- | -- | -- | 327.5M | 106.8M |
| Employee Benefits | -- | -- | -- | 22.6M | 30.7M |
| Financial Assets | 239.5M | 248.9M | 249.3M | 503.1M | 148.6M |
| Hedging Assets Current | 38.4M | 64.0M | 139.7M | 248.8M | 124.1M |
| Interest Payable | -- | 0.00 | 26.0M | 18.0M | -- |
| Investmentsin Joint Venturesat Cost | 1.2B | 1.0B | 899.9M | 441.6M | 138.7M |
| Long Term Provisions | -- | -- | -- | 381.7M | 383.2M |
| Non Current Accounts Receivable | 163.7M | 165.3M | 157.3M | 165.7M | 160.0M |
| Non Current Deferred Assets | 123.7M | 38.2M | 44.7M | 27.2M | 60.9M |
| Non Current Deferred Liabilities | 504.3M | 557.8M | 590.3M | 697.6M | 530.9M |
| Non Current Deferred Taxes Assets | 123.7M | 38.2M | 44.7M | 27.2M | 60.9M |
| Non Current Deferred Taxes Liabilities | 504.3M | 557.8M | 590.3M | 697.6M | 530.9M |
| Non Current Note Receivables | 783.3M | 682.1M | 405.4M | 0.00 | -- |
| Non Current Pension And Other Postretirement Benefit Plans | -- | -- | -- | 22.6M | 30.7M |
| Non Current Prepaid Assets | 81.6M | 146.0M | 133.6M | 122.6M | 107.4M |
| Other Current Borrowings | 787.4M | 878.6M | 759.8M | 793.9M | 677.4M |
| Other Inventories | -- | -- | -- | -- | 35.9M |
| Other Payable | 15.9M | 15.3M | 55.5M | 404.9M | 304.7M |
| Other Properties | 14.2B | 12.9B | 13.1B | 12.0B | 12.3B |
| Other Receivables | 79.4M | 255.3M | 22.7M | 78.3M | 4.9M |
| Preferred Shares Number | 6.0M | 6.0M | 6.0M | 6.0M | 10.8M |
| Preferred Stock | 144.8M | 144.8M | 144.8M | 144.8M | 260.9M |
| Preferred Stock Equity | 144.8M | 144.8M | 144.8M | 144.8M | 260.9M |
| Restricted Cash | 35.6M | 59.1M | 73.3M | 160.1M | 155.6M |
| Taxes Receivable | 11.5M | 7.8M | 75.1M | 32.6M | -- |
| Total Tax Payable | 64.4M | 64.5M | 88.4M | 130.7M | 20.7M |
| 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 | 1.4B | 1.0B | 810.7M | 1.8B | 1.6B |
| Cash Flow From Continuing Operating Activities | 1.4B | 1.0B | 810.7M | 1.8B | 1.6B |
| Depreciation And Amortization | 715.6M | 673.7M | 652.6M | 624.7M | 636.0M |
| Depreciation Amortization Depletion | 715.6M | 673.7M | 652.6M | 624.7M | 636.0M |
| Deferred Tax | -160.1M | -5.9M | -104.4M | 101.3M | 68.9M |
| Deferred Income Tax | -160.1M | -5.9M | -104.4M | 101.3M | 68.9M |
| Change In Working Capital | 28.1M | -305.1M | -440.8M | 289.9M | 292.5M |
| Other Non Cash Items | 296.5M | 264.2M | 289.9M | 355.6M | 347.3M |
| Capital Expenditure | -135.5M | -552.2M | -442.2M | -523.1M | -890.4M |
| Purchase Of PPE | -135.5M | -552.2M | -441.1M | -452.6M | -469.8M |
| Net PPE Purchase And Sale | -135.5M | -552.2M | -441.1M | -452.6M | -469.8M |
| Purchase Of Business | -28.7M | -82.1M | -1.0B | -203.5M | -81.2M |
| Sale Of Business | 0.00 | 257.2M | 510.1M | 41.6M | -- |
| Investing Cash Flow | -99.4M | -448.8M | -1.2B | -629.7M | -1.0B |
| Cash Flow From Continuing Investing Activities | -99.4M | -448.8M | -1.2B | -629.7M | -1.0B |
| Issuance Of Debt | 866.0M | 1.2B | 2.2B | 2.8B | 889.8M |
| Repayment Of Debt | -1.5B | -1.3B | -1.9B | -3.5B | -1.6B |
| Net Issuance Payments Of Debt | -604.5M | -109.1M | 339.6M | -697.0M | -682.0M |
| Issuance Of Capital Stock | -- | 0.00 | 40.9M | 851.6M | 949.6M |
| Repurchase Of Capital Stock | -- | -- | 0.00 | -121.5M | 0.00 |
| Net Common Stock Issuance | -- | 0.00 | 40.9M | 851.6M | 949.6M |
| Common Stock Dividend Paid | -286.0M | -200.5M | -205.1M | -196.8M | -172.8M |
| Financing Cash Flow | -1.3B | -720.2M | -254.2M | -604.8M | -225.7M |
| Cash Flow From Continuing Financing Activities | -1.3B | -720.2M | -254.2M | -604.8M | -225.7M |
| Effect Of Exchange Rate Changes | 26.4M | 13.2M | -10.5M | 27.7M | -114.0M |
| Changes In Cash | 3.6M | -140.1M | -613.6M | 598.5M | 352.8M |
| Beginning Cash Position | 613.3M | 740.2M | 1.4B | 673.7M | 435.0M |
| End Cash Position | 643.3M | 613.3M | 740.2M | 1.3B | 673.7M |
| Free Cash Flow | 1.3B | 476.8M | 368.5M | 1.3B | 718.9M |
| Amortization Cash Flow | 62.7M | 58.4M | 57.0M | 53.6M | 23.3M |
| Amortization Of Intangibles | 62.7M | 58.4M | 57.0M | 53.6M | 23.3M |
| Asset Impairment Charge | 527.2M | 0.00 | 163.2M | 0.00 | 30.0M |
| Cash Dividends Paid | -292.3M | -206.7M | -211.2M | -208.1M | -183.6M |
| Common Stock Issuance | -- | 0.00 | 40.9M | 851.6M | 949.6M |
| Depreciation | 652.9M | 615.3M | 595.6M | 571.1M | 612.8M |
| Earnings Losses From Equity Investments | -193.5M | -43.7M | 279.8M | 2.9M | -- |
| Gain Loss On Investment Securities | -- | -- | 303.9M | -460.7M | -116.6M |
| Gain Loss On Sale Of Business | 0.00 | -20.0M | -204.9M | -41.7M | -- |
| Interest Paid Cff | -314.1M | -345.8M | -325.8M | -336.4M | -281.5M |
| Interest Received Cfi | -- | -- | -- | -- | 3.6M |
| Long Term Debt Issuance | 866.0M | 1.2B | 2.2B | 2.8B | 889.8M |
| Long Term Debt Payments | -1.5B | -1.3B | -1.9B | -3.5B | -1.6B |
| Net Business Purchase And Sale | -28.7M | 175.1M | -504.5M | -161.9M | -81.2M |
| Net Foreign Currency Exchange Gain Loss | -57.7M | 611,000 | -32.4M | 5.6M | 81.3M |
| Net Income From Continuing Operations | -108.4M | 371.4M | -96.1M | 955.5M | 269.9M |
| Net Intangibles Purchase And Sale | -- | 0.00 | -1.1M | -70.6M | -420.6M |
| Net Long Term Debt Issuance | -604.5M | -109.1M | 339.6M | -697.0M | -682.0M |
| Net Other Financing Charges | -112.3M | -58.7M | -97.8M | -93.5M | -28.3M |
| Net Other Investing Changes | 64.9M | -71.7M | -223.4M | 55.4M | -59.3M |
| Net Preferred Stock Issuance | -- | -- | 0.00 | -121.5M | 0.00 |
| Operating Gains Losses | -251.2M | -63.1M | 42.5M | -493.9M | -35.3M |
| Preferred Stock Dividend Paid | -6.3M | -6.2M | -6.1M | -11.2M | -10.8M |
| Preferred Stock Payments | -- | -- | 0.00 | -121.5M | 0.00 |
| Purchase Of Intangibles | -- | 0.00 | -1.1M | -70.6M | -420.6M |
| Unrealized Gain Loss On Investment Securities | 378.4M | 93.7M | 303.9M | -- | -- |