Aarti Industries Ltd

NSE: AARTIIND BSE: 524208

₹501

+3.10 (0.62%)

Fri, 23 Oct 2026, 11:43 pm

MTF 5xInvest in Aarti Industries Ltd with 5x Leverage Buy with MTF

Market Cap (in Cr)18055.45

PE Ratio34.26

Dividend0.20

Process Industries

Chemicals: Major Diversified

24.5K

Aarti Industries Balance Sheet

Income Statement Balance Sheet Cashflow

Particulars	Mar 2006	Mar 2007	Mar 2008	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Interest expense on debt	-188.58M	-271.72M	-363.46M	-837.31M	-466.26M	-512.97M	-718.40M	-953.65M	-1.18B	-1.38B	-1.17B	-1.17B	-1.32B	-1.83B	-1.25B	-863.70M	-769.30M	-1.14B	-2.03B	-2.52B
Pretax equity in earnings	0	0	0	0	0	—	—	—	—	0	—	—	0	0	0	0	0	0	0	—
Equity in earnings	63.55M	49.77M	66.97M	130.93M	139.72M	154.41M	143.09M	24.13M	108.76M	139.01M	0	0	0	0	0	0	0	0	0	-600.00K
Total assets	6.99B	7.11B	9.37B	10.84B	12.15B	13.95B	16.61B	21.78B	26.72B	29.39B	29.67B	35.01B	43.94B	58.60B	63.36B	76.47B	78.51B	85.97B	101.54B	111.49B
Total current assets	3.80B	3.61B	5.63B	6.42B	7.44B	8.88B	8.25B	10.20B	12.25B	11.98B	12.34B	13.17B	16.85B	25.77B	20.05B	23.68B	26.99B	24.59B	29.59B	28.95B
Cash and short term investments	81.01M	85.61M	97.60M	74.44M	116.11M	128.65M	105.61M	124.21M	148.53M	337.12M	289.90M	285.00M	321.00M	8.04B	2.47B	4.12B	1.74B	2.01B	5.16B	2.95B
Cash & equivalents	54.43M	47.69M	68.16M	37.93M	48.86M	101.85M	80.53M	100.10M	148.53M	337.12M	289.90M	285.00M	321.00M	8.04B	2.47B	4.12B	1.74B	2.01B	5.16B	2.95B
Short term investments	26.58M	37.92M	29.43M	36.52M	67.25M	26.80M	25.07M	24.12M	0	0	0	0	0	0	0	0	0	0	0	0
Total receivables, net	1.89B	1.38B	2.76B	2.87B	2.92B	3.84B	4.26B	4.52B	4.71B	4.73B	5.90B	5.72B	6.84B	8.05B	7.81B	8.18B	14.42B	9.96B	8.84B	8.29B
Accounts receivable - trade, net	1.35B	1.02B	1.75B	51.84M	2.57B	3.33B	4.07B	4.29B	4.43B	4.39B	5.23B	5.25B	6.55B	7.76B	7.53B	7.94B	10.92B	9.40B	8.54B	7.86B
Other receivables	540.92M	366.20M	1.01B	2.82B	351.16M	510.78M	192.47M	233.96M	281.60M	341.58M	670.30M	478.30M	293.70M	286.90M	273.60M	247.40M	3.51B	560.00M	301.10M	425.70M
Total inventory	1.24B	1.49B	2.00B	2.06B	2.65B	2.94B	3.26B	4.62B	6.06B	5.52B	4.95B	5.71B	7.47B	7.72B	8.36B	9.36B	9.34B	10.31B	12.44B	15.11B
Other current assets, total	3.29M	2.90M	1.76M	463.01M	414.65M	379.60M	616.53M	901.29M	1.31B	1.37B	1.16B	1.39B	2.09B	1.83B	1.28B	1.79B	1.28B	2.05B	2.93B	2.43B
Total non-current assets	3.18B	3.50B	3.74B	4.42B	4.71B	5.07B	8.36B	11.59B	14.47B	17.41B	17.33B	21.84B	27.09B	32.83B	43.31B	52.79B	51.52B	61.38B	71.95B	82.54B
Long term investments	244.37M	256.32M	314.71M	405.49M	543.60M	764.21M	1.07B	1.35B	1.28B	1.47B	412.60M	469.60M	472.20M	331.60M	370.10M	635.20M	282.90M	171.70M	229.20M	476.30M
Note receivable - long term	—	—	—	—	—	—	137.74M	374.23M	75.52M	73.74M	71.70M	—	—	—	—	—	—	—	—	—
Investments in unconsolidated subsidiaries	224.93M	239.76M	283.85M	380.34M	518.59M	684.50M	901.24M	924.78M	1.14B	1.29B	264.20M	321.20M	38.00M	36.70M	36.70M	36.70M	0	0	0	234.40M
Other investments	19.45M	16.56M	30.86M	25.15M	25.01M	79.71M	34.42M	52.07M	64.72M	106.13M	148.40M	148.40M	434.20M	294.90M	333.40M	598.50M	282.90M	171.70M	229.20M	241.90M
Net property/plant/equipment	2.86B	3.15B	3.33B	3.83B	4.04B	4.23B	4.94B	7.42B	9.44B	11.60B	16.03B	20.04B	24.91B	30.50B	40.57B	49.82B	50.03B	59.00B	67.46B	76.58B
Gross property/plant/equipment	4.41B	4.96B	5.44B	6.42B	7.07B	7.69B	8.93B	12.68B	15.57B	18.41B	24.01B	29.23B	35.55B	42.25B	53.86B	65.05B	64.42B	73.24B	83.56B	96.74B
Deferred tax assets	66.02M	68.62M	67.67M	49.21M	43.66M	29.27M	13.32M	24.08M	20.39M	7.49M	3.30M	19.40M	20.90M	22.00M	33.10M	51.30M	277.40M	687.40M	1.82B	2.54B
Net intangible assets	—	71.21M	81.19M	177.87M	122.56M	77.08M	38.86M	1.27M	855.00K	437.00K	4.20M	21.20M	17.20M	13.20M	9.20M	1.00M	429.70M	1.09B	1.83B	2.29B
Goodwill, net	—	3.65M	4.12M	—	—	0	7.26M	0	0	0	4.20M	4.20M	4.20M	4.20M	4.20M	0	0	0	0	0
Other intangibles, net	—	67.56M	77.07M	—	—	77.08M	31.60M	1.27M	855.00K	437.00K	0	17.00M	13.00M	9.00M	5.00M	1.00M	429.70M	1.09B	1.83B	2.29B
Other long term assets, total	0	0	0	0	0	0	295.29M	251.04M	735.36M	829.58M	877.90M	1.29B	1.66B	1.97B	2.33B	2.28B	496.50M	427.90M	604.30M	662.30M
Short term debt	1.96B	1.93B	2.62B	2.35B	2.46B	2.85B	5.24B	7.32B	7.84B	7.83B	7.65B	9.67B	11.75B	15.86B	15.17B	17.70B	16.42B	22.47B	20.49B	19.33B
Current portion of LT debt and capital leases	—	—	—	—	—	—	397.26M	444.01M	968.41M	1.35B	584.50M	1.28B	1.62B	2.95B	2.87B	5.46B	3.64B	3.62B	4.78B	2.51B
Short term debt excl. current portion of LT debt	1.96B	1.93B	2.62B	2.35B	2.46B	2.85B	4.85B	6.87B	6.87B	6.48B	7.06B	8.39B	10.12B	12.91B	12.30B	12.24B	12.78B	18.85B	15.71B	16.82B
Accounts payable	582.18M	203.64M	998.51M	763.44M	1.38B	1.37B	1.83B	2.27B	3.69B	2.49B	3.05B	3.00B	3.57B	2.79B	3.45B	5.76B	3.45B	4.05B	7.25B	12.37B
Income tax payable	489.03M	507.97M	604.04M	843.33M	1.16B	1.41B	—	13.66M	5.19M	2.96M	1.50M	1.50M	1.50M	1.50M	1.50M	—	—	—	—	—
Long term debt	1.11B	1.43B	1.69B	2.48B	1.92B	2.44B	1.04B	1.17B	2.55B	4.19B	5.27B	5.97B	9.08B	8.15B	6.02B	12.81B	9.45B	6.60B	15.73B	19.15B
Long term debt excl. lease liabilities	1.11B	1.43B	1.69B	2.48B	1.92B	2.44B	1.04B	1.17B	2.55B	4.19B	5.27B	5.97B	9.08B	8.15B	6.02B	12.81B	9.45B	6.60B	15.73B	19.15B
Total equity	2.55B	2.76B	3.07B	3.83B	4.63B	5.18B	5.93B	7.60B	8.75B	10.22B	11.89B	14.26B	16.55B	27.15B	30.73B	35.15B	45.17B	49.21B	52.90B	56.05B
Shareholders' equity	2.53B	2.74B	3.04B	3.75B	4.54B	5.08B	5.90B	7.56B	8.70B	10.16B	11.37B	13.62B	15.78B	26.31B	29.79B	35.03B	45.16B	49.20B	52.90B	56.05B
Common equity, total	2.53B	2.74B	3.04B	3.75B	4.54B	5.08B	5.90B	7.56B	8.70B	10.16B	11.37B	13.62B	15.78B	26.31B	29.79B	35.03B	45.16B	49.20B	52.90B	56.05B
Other common equity	2.12B	2.33B	2.62B	3.26B	3.94B	4.48B	5.17B	6.83B	1.99B	2.48B	2.71B	2.67B	2.32B	2.66B	2.61B	3.61B	4.02B	4.07B	4.57B	5.11B
Total debt	3.07B	3.36B	4.31B	4.84B	4.38B	5.29B	6.28B	8.49B	10.39B	12.02B	12.92B	15.64B	20.83B	24.01B	21.19B	30.52B	25.87B	29.07B	36.23B	38.48B
Net debt	2.99B	—	—	—	—	—	6.17B	8.37B	10.24B	11.69B	12.63B	15.36B	20.51B	15.97B	18.72B	26.39B	24.13B	27.07B	31.06B	35.53B
Change in accounts receivable	-94.80M	510.00M	-652.10M	-410.24M	97.96M	-880.54M	-932.60M	556.24M	-788.46M	-138.94M	-218.60M	-56.80M	-1.46B	-1.54B	-46.90M	-250.10M	-4.98B	4.22B	788.30M	437.70M
Change in taxes payable	—	—	0	0	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	-253.60M	-350.90M	56.30M	-281.51M	488.06M	30.37M	393.77M	-464.82M	1.89B	-1.09B	539.00M	-49.80M	581.40M	1.29B	3.59B	1.29B	-377.30M	-133.10M	3.88B	4.81B
Change in other assets/liabilities	—	—	0	0	0	0	0	0	0	—	0	—	0	0	0	0	0	0	0	0
Sale of fixed assets & businesses	800.00K	56.30M	10.00M	6.05M	2.00M	55.43M	7.75M	33.72M	30.03M	83.67M	166.40M	438.20M	7.30M	26.00M	277.90M	4.30M	4.20M	0	219.80M	71.00M
Purchase/sale of investments, net	24.80M	-10.90M	-58.40M	-103.26M	-138.11M	-195.81M	2.90M	9.70M	-38.33M	-42.42M	-40.10M	7.80M	33.50M	-60.70M	12.90M	-78.20M	-44.80M	-35.40M	-702.30M	-338.10M
Sale/maturity of investments	24.80M	0	0	6.90M	139.00K	0	17.82M	9.70M	75.55M	0	0	7.80M	33.50M	0	38.80M	0	5.20M	0	—	—
Purchase of investments	0	-10.90M	-58.40M	-110.16M	-138.25M	-195.81M	-14.92M	0	-113.88M	-42.42M	-40.10M	0	0	-60.70M	-25.90M	-78.20M	-50.00M	-35.40M	-702.30M	-338.10M
Other investing cash flow items, total	800.00K	0	-100.00K	0	0	3.98M	3.82M	3.63M	3.02M	2.39M	2.40M	2.50M	2.60M	700.00K	800.00K	500.00K	500.00K	600.00K	300.00K	600.00K
Issuance/retirement of debt, net	806.60M	292.50M	939.90M	173.55M	-461.36M	900.54M	977.72M	1.30B	1.38B	1.63B	837.00M	2.72B	5.19B	3.18B	-3.03B	7.46B	-5.45B	3.06B	6.95B	2.48B
Issuance/retirement of long term debt	806.60M	292.50M	939.90M	173.55M	-461.36M	900.54M	977.72M	1.30B	1.38B	1.63B	837.00M	2.72B	3.46B	397.10M	-2.42B	7.52B	-5.95B	-3.01B	8.89B	1.38B
Issuance/retirement of short term debt	—	—	—	—	0	0	—	—	—	—	—	—	0	0	0	0	0	0	0	0
Issuance/retirement of other debt	—	—	—	—	—	—	—	—	—	—	—	—	1.73B	2.78B	-611.60M	-55.90M	490.80M	6.07B	-1.94B	1.11B
Total cash dividends paid	-159.50M	-29.20M	-72.80M	-167.46M	-226.53M	-149.60M	-252.31M	-342.20M	-414.56M	-483.05M	-951.70M	-6.00M	-100.00M	-439.90M	-1.06B	-450.90M	-1.27B	-906.30M	-543.80M	-362.50M
Other financing cash flow items, total	0	0	0	-85.00K	0	0	-34.80M	0	0	0	0	0	0	0	0	0	0	0	0	0

Particulars	Mar 2006	Mar 2007	Mar 2008	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Interest expense on debt	-188.58M	-271.72M	-363.46M	-837.31M	-466.26M	-512.97M	-718.40M	-953.65M	-1.18B	-1.38B	-1.17B	-1.17B	-1.32B	-1.83B	-1.25B	-863.70M	-769.30M	-1.14B	-2.03B	-2.52B
Pretax equity in earnings	0	0	0	0	0	—	—	—	—	0	—	—	0	0	0	0	0	0	0	—
Equity in earnings	63.55M	49.77M	66.97M	130.93M	139.72M	154.41M	143.09M	24.13M	108.76M	139.01M	0	0	0	0	0	0	0	0	0	-600.00K
Total assets	6.99B	7.11B	9.37B	10.84B	12.15B	13.95B	16.61B	21.78B	26.72B	29.39B	29.67B	35.01B	43.94B	58.60B	63.36B	76.47B	78.51B	85.97B	101.54B	111.49B
Total current assets	3.80B	3.61B	5.63B	6.42B	7.44B	8.88B	8.25B	10.20B	12.25B	11.98B	12.34B	13.17B	16.85B	25.77B	20.05B	23.68B	26.99B	24.59B	29.59B	28.95B
Cash and short term investments	81.01M	85.61M	97.60M	74.44M	116.11M	128.65M	105.61M	124.21M	148.53M	337.12M	289.90M	285.00M	321.00M	8.04B	2.47B	4.12B	1.74B	2.01B	5.16B	2.95B
Cash & equivalents	54.43M	47.69M	68.16M	37.93M	48.86M	101.85M	80.53M	100.10M	148.53M	337.12M	289.90M	285.00M	321.00M	8.04B	2.47B	4.12B	1.74B	2.01B	5.16B	2.95B
Short term investments	26.58M	37.92M	29.43M	36.52M	67.25M	26.80M	25.07M	24.12M	0	0	0	0	0	0	0	0	0	0	0	0
Total receivables, net	1.89B	1.38B	2.76B	2.87B	2.92B	3.84B	4.26B	4.52B	4.71B	4.73B	5.90B	5.72B	6.84B	8.05B	7.81B	8.18B	14.42B	9.96B	8.84B	8.29B
Accounts receivable - trade, net	1.35B	1.02B	1.75B	51.84M	2.57B	3.33B	4.07B	4.29B	4.43B	4.39B	5.23B	5.25B	6.55B	7.76B	7.53B	7.94B	10.92B	9.40B	8.54B	7.86B
Other receivables	540.92M	366.20M	1.01B	2.82B	351.16M	510.78M	192.47M	233.96M	281.60M	341.58M	670.30M	478.30M	293.70M	286.90M	273.60M	247.40M	3.51B	560.00M	301.10M	425.70M
Total inventory	1.24B	1.49B	2.00B	2.06B	2.65B	2.94B	3.26B	4.62B	6.06B	5.52B	4.95B	5.71B	7.47B	7.72B	8.36B	9.36B	9.34B	10.31B	12.44B	15.11B
Other current assets, total	3.29M	2.90M	1.76M	463.01M	414.65M	379.60M	616.53M	901.29M	1.31B	1.37B	1.16B	1.39B	2.09B	1.83B	1.28B	1.79B	1.28B	2.05B	2.93B	2.43B
Total non-current assets	3.18B	3.50B	3.74B	4.42B	4.71B	5.07B	8.36B	11.59B	14.47B	17.41B	17.33B	21.84B	27.09B	32.83B	43.31B	52.79B	51.52B	61.38B	71.95B	82.54B
Long term investments	244.37M	256.32M	314.71M	405.49M	543.60M	764.21M	1.07B	1.35B	1.28B	1.47B	412.60M	469.60M	472.20M	331.60M	370.10M	635.20M	282.90M	171.70M	229.20M	476.30M
Note receivable - long term	—	—	—	—	—	—	137.74M	374.23M	75.52M	73.74M	71.70M	—	—	—	—	—	—	—	—	—
Investments in unconsolidated subsidiaries	224.93M	239.76M	283.85M	380.34M	518.59M	684.50M	901.24M	924.78M	1.14B	1.29B	264.20M	321.20M	38.00M	36.70M	36.70M	36.70M	0	0	0	234.40M
Other investments	19.45M	16.56M	30.86M	25.15M	25.01M	79.71M	34.42M	52.07M	64.72M	106.13M	148.40M	148.40M	434.20M	294.90M	333.40M	598.50M	282.90M	171.70M	229.20M	241.90M
Net property/plant/equipment	2.86B	3.15B	3.33B	3.83B	4.04B	4.23B	4.94B	7.42B	9.44B	11.60B	16.03B	20.04B	24.91B	30.50B	40.57B	49.82B	50.03B	59.00B	67.46B	76.58B
Gross property/plant/equipment	4.41B	4.96B	5.44B	6.42B	7.07B	7.69B	8.93B	12.68B	15.57B	18.41B	24.01B	29.23B	35.55B	42.25B	53.86B	65.05B	64.42B	73.24B	83.56B	96.74B
Deferred tax assets	66.02M	68.62M	67.67M	49.21M	43.66M	29.27M	13.32M	24.08M	20.39M	7.49M	3.30M	19.40M	20.90M	22.00M	33.10M	51.30M	277.40M	687.40M	1.82B	2.54B
Net intangible assets	—	71.21M	81.19M	177.87M	122.56M	77.08M	38.86M	1.27M	855.00K	437.00K	4.20M	21.20M	17.20M	13.20M	9.20M	1.00M	429.70M	1.09B	1.83B	2.29B
Goodwill, net	—	3.65M	4.12M	—	—	0	7.26M	0	0	0	4.20M	4.20M	4.20M	4.20M	4.20M	0	0	0	0	0
Other intangibles, net	—	67.56M	77.07M	—	—	77.08M	31.60M	1.27M	855.00K	437.00K	0	17.00M	13.00M	9.00M	5.00M	1.00M	429.70M	1.09B	1.83B	2.29B
Other long term assets, total	0	0	0	0	0	0	295.29M	251.04M	735.36M	829.58M	877.90M	1.29B	1.66B	1.97B	2.33B	2.28B	496.50M	427.90M	604.30M	662.30M
Short term debt	1.96B	1.93B	2.62B	2.35B	2.46B	2.85B	5.24B	7.32B	7.84B	7.83B	7.65B	9.67B	11.75B	15.86B	15.17B	17.70B	16.42B	22.47B	20.49B	19.33B
Current portion of LT debt and capital leases	—	—	—	—	—	—	397.26M	444.01M	968.41M	1.35B	584.50M	1.28B	1.62B	2.95B	2.87B	5.46B	3.64B	3.62B	4.78B	2.51B
Short term debt excl. current portion of LT debt	1.96B	1.93B	2.62B	2.35B	2.46B	2.85B	4.85B	6.87B	6.87B	6.48B	7.06B	8.39B	10.12B	12.91B	12.30B	12.24B	12.78B	18.85B	15.71B	16.82B
Accounts payable	582.18M	203.64M	998.51M	763.44M	1.38B	1.37B	1.83B	2.27B	3.69B	2.49B	3.05B	3.00B	3.57B	2.79B	3.45B	5.76B	3.45B	4.05B	7.25B	12.37B
Income tax payable	489.03M	507.97M	604.04M	843.33M	1.16B	1.41B	—	13.66M	5.19M	2.96M	1.50M	1.50M	1.50M	1.50M	1.50M	—	—	—	—	—
Long term debt	1.11B	1.43B	1.69B	2.48B	1.92B	2.44B	1.04B	1.17B	2.55B	4.19B	5.27B	5.97B	9.08B	8.15B	6.02B	12.81B	9.45B	6.60B	15.73B	19.15B
Long term debt excl. lease liabilities	1.11B	1.43B	1.69B	2.48B	1.92B	2.44B	1.04B	1.17B	2.55B	4.19B	5.27B	5.97B	9.08B	8.15B	6.02B	12.81B	9.45B	6.60B	15.73B	19.15B
Total equity	2.55B	2.76B	3.07B	3.83B	4.63B	5.18B	5.93B	7.60B	8.75B	10.22B	11.89B	14.26B	16.55B	27.15B	30.73B	35.15B	45.17B	49.21B	52.90B	56.05B
Shareholders' equity	2.53B	2.74B	3.04B	3.75B	4.54B	5.08B	5.90B	7.56B	8.70B	10.16B	11.37B	13.62B	15.78B	26.31B	29.79B	35.03B	45.16B	49.20B	52.90B	56.05B
Common equity, total	2.53B	2.74B	3.04B	3.75B	4.54B	5.08B	5.90B	7.56B	8.70B	10.16B	11.37B	13.62B	15.78B	26.31B	29.79B	35.03B	45.16B	49.20B	52.90B	56.05B
Other common equity	2.12B	2.33B	2.62B	3.26B	3.94B	4.48B	5.17B	6.83B	1.99B	2.48B	2.71B	2.67B	2.32B	2.66B	2.61B	3.61B	4.02B	4.07B	4.57B	5.11B
Total debt	3.07B	3.36B	4.31B	4.84B	4.38B	5.29B	6.28B	8.49B	10.39B	12.02B	12.92B	15.64B	20.83B	24.01B	21.19B	30.52B	25.87B	29.07B	36.23B	38.48B
Net debt	2.99B	—	—	—	—	—	6.17B	8.37B	10.24B	11.69B	12.63B	15.36B	20.51B	15.97B	18.72B	26.39B	24.13B	27.07B	31.06B	35.53B
Change in accounts receivable	-94.80M	510.00M	-652.10M	-410.24M	97.96M	-880.54M	-932.60M	556.24M	-788.46M	-138.94M	-218.60M	-56.80M	-1.46B	-1.54B	-46.90M	-250.10M	-4.98B	4.22B	788.30M	437.70M
Change in taxes payable	—	—	0	0	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	-253.60M	-350.90M	56.30M	-281.51M	488.06M	30.37M	393.77M	-464.82M	1.89B	-1.09B	539.00M	-49.80M	581.40M	1.29B	3.59B	1.29B	-377.30M	-133.10M	3.88B	4.81B
Change in other assets/liabilities	—	—	0	0	0	0	0	0	0	—	0	—	0	0	0	0	0	0	0	0
Sale of fixed assets & businesses	800.00K	56.30M	10.00M	6.05M	2.00M	55.43M	7.75M	33.72M	30.03M	83.67M	166.40M	438.20M	7.30M	26.00M	277.90M	4.30M	4.20M	0	219.80M	71.00M
Purchase/sale of investments, net	24.80M	-10.90M	-58.40M	-103.26M	-138.11M	-195.81M	2.90M	9.70M	-38.33M	-42.42M	-40.10M	7.80M	33.50M	-60.70M	12.90M	-78.20M	-44.80M	-35.40M	-702.30M	-338.10M
Sale/maturity of investments	24.80M	0	0	6.90M	139.00K	0	17.82M	9.70M	75.55M	0	0	7.80M	33.50M	0	38.80M	0	5.20M	0	—	—
Purchase of investments	0	-10.90M	-58.40M	-110.16M	-138.25M	-195.81M	-14.92M	0	-113.88M	-42.42M	-40.10M	0	0	-60.70M	-25.90M	-78.20M	-50.00M	-35.40M	-702.30M	-338.10M
Other investing cash flow items, total	800.00K	0	-100.00K	0	0	3.98M	3.82M	3.63M	3.02M	2.39M	2.40M	2.50M	2.60M	700.00K	800.00K	500.00K	500.00K	600.00K	300.00K	600.00K
Issuance/retirement of debt, net	806.60M	292.50M	939.90M	173.55M	-461.36M	900.54M	977.72M	1.30B	1.38B	1.63B	837.00M	2.72B	5.19B	3.18B	-3.03B	7.46B	-5.45B	3.06B	6.95B	2.48B
Issuance/retirement of long term debt	806.60M	292.50M	939.90M	173.55M	-461.36M	900.54M	977.72M	1.30B	1.38B	1.63B	837.00M	2.72B	3.46B	397.10M	-2.42B	7.52B	-5.95B	-3.01B	8.89B	1.38B
Issuance/retirement of short term debt	—	—	—	—	0	0	—	—	—	—	—	—	0	0	0	0	0	0	0	0
Issuance/retirement of other debt	—	—	—	—	—	—	—	—	—	—	—	—	1.73B	2.78B	-611.60M	-55.90M	490.80M	6.07B	-1.94B	1.11B
Total cash dividends paid	-159.50M	-29.20M	-72.80M	-167.46M	-226.53M	-149.60M	-252.31M	-342.20M	-414.56M	-483.05M	-951.70M	-6.00M	-100.00M	-439.90M	-1.06B	-450.90M	-1.27B	-906.30M	-543.80M	-362.50M
Other financing cash flow items, total	0	0	0	-85.00K	0	0	-34.80M	0	0	0	0	0	0	0	0	0	0	0	0	0