SRF Ltd

NSE: SRF BSE: 503806

₹2458.70

+30.10 (1.24%)

Sun, 08 Nov 2026, 05:09 am

MTF 5xInvest in SRF Ltd with 5x Leverage Buy with MTF

Market Cap (in Cr)71460.61

PE Ratio31.93

Dividend0.41

Process Industries

Industrial Specialties

24.5K

SRF 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	-297.91M	-306.26M	-297.14M	-459.73M	-577.29M	-726.96M	-900.87M	-998.03M	-961.18M	-1.38B	-1.32B	-1.14B	-1.55B	-2.22B	-2.11B	-1.46B	-1.20B	-2.33B	-3.80B	-3.99B
Pretax equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total assets	15.57B	17.42B	19.38B	25.70B	30.44B	35.70B	39.82B	45.89B	55.19B	59.54B	65.54B	69.71B	86.59B	102.68B	113.47B	132.61B	158.84B	188.56B	204.82B	215.57B
Total current assets	4.12B	5.40B	6.69B	6.44B	9.40B	12.59B	13.39B	14.99B	17.15B	17.16B	19.82B	20.78B	24.49B	31.72B	28.94B	39.39B	52.51B	57.75B	56.49B	61.30B
Cash and short term investments	101.50M	205.82M	697.16M	89.59M	904.02M	902.47M	2.74B	3.32B	1.13B	2.04B	5.53B	2.89B	2.31B	2.99B	3.24B	6.95B	7.76B	11.07B	8.38B	11.33B
Cash & equivalents	100.77M	196.80M	217.53M	59.59M	449.57M	713.13M	1.14B	1.84B	866.61M	1.10B	3.50B	961.20M	967.40M	1.99B	1.25B	1.47B	4.59B	6.16B	4.07B	3.53B
Short term investments	726.00K	9.02M	479.62M	30.00M	454.45M	189.34M	1.60B	1.49B	264.80M	942.22M	2.03B	1.92B	1.35B	1.00B	1.99B	5.48B	3.17B	4.90B	4.31B	7.80B
Total receivables, net	2.06B	3.01B	3.29B	3.60B	5.11B	6.31B	5.67B	5.86B	8.06B	7.00B	6.90B	8.65B	11.09B	15.42B	12.86B	15.76B	20.89B	21.74B	22.72B	24.59B
Accounts receivable - trade, net	1.29B	2.16B	2.45B	2.49B	3.61B	4.93B	4.84B	5.09B	6.91B	6.11B	5.14B	6.57B	6.81B	10.54B	8.91B	12.75B	17.92B	17.86B	19.43B	21.69B
Other receivables	770.91M	856.25M	840.54M	1.11B	1.50B	1.38B	833.55M	771.98M	1.14B	898.14M	1.75B	2.08B	4.29B	4.88B	3.95B	3.01B	2.96B	3.88B	3.29B	2.89B
Total inventory	1.76B	2.00B	2.51B	2.49B	3.07B	5.04B	4.88B	5.71B	7.57B	7.88B	7.17B	8.76B	10.41B	12.68B	12.63B	15.65B	22.63B	24.36B	24.37B	24.59B
Other current assets, total	204.09M	180.36M	194.68M	260.90M	302.93M	341.19M	92.13M	24.90M	271.92M	82.86M	124.90M	402.80M	550.50M	449.80M	116.60M	910.10M	1.07B	337.90M	709.50M	409.60M
Total non-current assets	11.44B	12.01B	12.69B	19.26B	21.03B	23.11B	26.43B	30.90B	38.03B	42.38B	45.71B	48.93B	62.10B	70.96B	84.52B	93.22B	106.33B	130.81B	148.33B	154.28B
Long term investments	70.67M	85.46M	99.61M	424.71M	71.23M	1.16B	358.35M	523.90M	730.53M	1.17B	131.70M	384.50M	247.40M	388.70M	638.90M	954.10M	1.26B	518.80M	2.05B	4.10B
Note receivable - long term	—	—	—	—	—	—	300.33M	426.25M	384.80M	875.35M	88.40M	133.30M	246.20M	340.50M	597.30M	624.10M	307.00M	448.20M	500.40M	2.74B
Investments in unconsolidated subsidiaries	0	0	0	0	64.62M	0	57.97M	42.22M	42.22M	500.00K	42.70M	500.00K	500.00K	0	0	0	0	0	0	0
Other investments	70.67M	85.46M	99.61M	424.71M	6.61M	1.16B	48.00K	55.44M	303.52M	296.01M	600.00K	250.70M	700.00K	48.20M	41.60M	330.00M	951.70M	70.60M	1.55B	1.36B
Net property/plant/equipment	11.25B	11.82B	12.48B	18.32B	20.43B	21.27B	24.26B	28.78B	36.42B	39.33B	42.06B	46.17B	56.25B	63.82B	77.28B	87.16B	101.92B	126.11B	140.50B	145.63B
Gross property/plant/equipment	17.47B	18.88B	20.37B	32.15B	35.75B	38.72B	44.81B	52.77B	61.80B	66.53B	44.60B	51.38B	64.45B	75.49B	92.15B	106.36B	125.43B	154.74B	174.95B	187.59B
Deferred tax assets	51.28M	32.95M	41.37M	246.74M	198.69M	153.96M	141.47M	145.14M	498.09M	708.25M	1.30B	26.00M	2.96B	3.80B	4.84B	3.50B	1.19B	1.20B	275.60M	357.30M
Net intangible assets	74.92M	76.22M	67.41M	271.17M	333.20M	315.54M	296.70M	271.20M	277.51M	1.07B	991.70M	856.60M	1.17B	1.13B	1.17B	1.13B	1.19B	1.15B	1.20B	1.12B
Goodwill, net	58.16M	58.16M	58.16M	130.04M	126.36M	122.67M	118.97M	115.28M	110.94M	49.09M	49.10M	49.10M	40.80M	40.80M	6.20M	6.20M	0	0	0	0
Other intangibles, net	16.76M	18.06M	9.26M	141.13M	206.84M	192.87M	177.72M	155.91M	166.57M	1.02B	942.60M	807.50M	1.13B	1.09B	1.16B	1.12B	1.19B	1.15B	1.20B	1.12B
Other long term assets, total	0	0	0	0	0	0	974.45M	1.07B	18.32M	7.08M	276.70M	552.30M	514.90M	469.30M	594.10M	481.70M	760.10M	1.83B	4.13B	2.91B
Short term debt	1.23B	900.02M	509.05M	5.62B	4.22B	4.93B	5.13B	6.09B	4.63B	6.52B	5.75B	9.64B	12.35B	15.69B	17.49B	14.40B	18.07B	20.68B	26.97B	26.89B
Current portion of LT debt and capital leases	216.34M	727.82M	1.41M	2.98B	1.11B	3.09B	1.38B	3.65B	1.43B	4.10B	3.86B	4.19B	3.84B	4.41B	7.93B	4.74B	7.65B	5.17B	11.04B	8.36B
Short term debt excl. current portion of LT debt	1.02B	172.20M	507.64M	2.64B	3.11B	1.84B	3.75B	2.43B	3.20B	2.41B	1.89B	5.46B	8.51B	11.27B	9.55B	9.66B	10.42B	15.51B	15.93B	18.53B
Accounts payable	2.15B	2.32B	3.03B	2.96B	4.26B	6.31B	5.32B	5.18B	7.89B	5.78B	7.16B	8.09B	10.44B	13.82B	11.12B	15.85B	23.84B	23.50B	23.45B	23.32B
Income tax payable	209.74M	273.50M	73.03M	78.12M	149.16M	64.54M	95.34M	31.42M	110.92M	54.06M	31.20M	548.60M	390.00M	98.30M	97.50M	124.90M	142.00M	146.30M	166.00M	167.10M
Long term debt	4.92B	3.99B	4.67B	4.92B	6.14B	4.80B	7.17B	10.96B	17.13B	17.88B	19.40B	14.32B	19.07B	21.61B	23.86B	20.29B	18.48B	24.09B	23.34B	20.37B
Long term debt excl. lease liabilities	4.92B	3.99B	4.67B	4.92B	6.14B	4.80B	7.17B	10.96B	17.13B	17.88B	19.40B	14.32B	19.07B	21.61B	23.86B	20.29B	18.48B	24.09B	23.34B	20.37B
Total equity	5.61B	8.35B	9.28B	9.75B	12.74B	16.98B	18.46B	19.67B	20.67B	22.87B	27.63B	31.83B	35.65B	41.29B	49.33B	68.56B	85.65B	103.27B	114.79B	126.26B
Shareholders' equity	5.61B	8.35B	9.28B	9.75B	12.74B	16.98B	18.46B	19.67B	20.67B	22.87B	27.63B	31.83B	35.65B	41.29B	49.33B	68.56B	85.65B	103.27B	114.79B	126.26B
Common equity, total	5.61B	8.35B	9.28B	9.75B	12.74B	16.98B	18.46B	19.67B	20.67B	22.87B	27.63B	31.83B	35.65B	41.29B	49.33B	68.56B	85.65B	103.27B	114.79B	126.26B
Other common equity	2.32B	6.41B	5.71B	6.74B	2.85B	3.83B	7.49B	7.84B	8.09B	7.55B	7.96B	7.83B	8.63B	8.70B	7.57B	9.46B	9.73B	7.93B	8.28B	9.37B
Total debt	6.16B	4.89B	5.17B	10.54B	10.35B	9.73B	12.30B	17.05B	21.75B	24.40B	25.15B	23.96B	31.42B	37.30B	41.35B	34.69B	36.55B	44.78B	50.31B	47.26B
Net debt	6.05B	4.69B	4.48B	10.45B	9.45B	8.83B	9.55B	—	20.62B	22.36B	19.63B	21.08B	29.10B	34.31B	38.11B	27.74B	28.79B	33.71B	41.92B	35.93B
Change in accounts receivable	-496.43M	-938.22M	-309.93M	113.36M	-1.24B	-1.42B	202.52M	-292.07M	-1.83B	784.29M	886.90M	-1.45B	-276.60M	-3.47B	1.21B	-3.84B	-5.08B	-44.10M	-1.71B	-2.11B
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	-82.63M	191.76M	741.59M	-1.39B	2.02B	2.13B	-311.95M	-134.22M	2.70B	-2.07B	1.33B	943.40M	2.35B	3.38B	-2.72B	4.80B	5.10B	1.22B	-142.40M	1.09B
Change in other assets/liabilities	—	0	-283.34M	—	0	0	-116.28M	-358.92M	-240.56M	447.60M	-589.30M	-375.20M	-2.56B	-403.20M	1.21B	402.60M	-5.20M	-473.60M	1.45B	776.20M
Sale of fixed assets & businesses	4.89M	3.10M	13.69M	25.76M	17.26M	12.04M	86.06M	297.49M	98.45M	597.81M	87.10M	330.80M	173.20M	37.40M	3.32B	96.60M	149.50M	138.80M	151.90M	92.00M
Purchase/sale of investments, net	24.91M	-14.66M	-506.69M	166.53M	353.48M	-1.10B	-242.62M	-63.27M	1.18B	-635.64M	-986.80M	-218.60M	840.20M	339.70M	-921.60M	-3.23B	2.08B	-1.37B	-519.70M	-3.33B
Sale/maturity of investments	61.24M	3.28B	4.35B	4.95B	6.59B	7.73B	10.28B	8.51B	9.61B	6.28B	4.52B	6.28B	6.14B	339.70M	5.20M	—	2.08B	274.90M	1.11B	0
Purchase of investments	-36.33M	-3.30B	-4.86B	-4.79B	-6.24B	-8.83B	-10.52B	-8.58B	-8.43B	-6.92B	-5.51B	-6.49B	-5.30B	0	-926.80M	-3.23B	0	-1.64B	-1.63B	-3.33B
Other investing cash flow items, total	0	0	-25.92M	105.87M	138.97M	7.12M	71.88M	-4.84M	0	97.29M	60.60M	36.40M	0	0	0	280.10M	-800.00K	-700.00K	-1.30M	354.90M
Issuance/retirement of debt, net	1.61B	-1.26B	280.09M	3.62B	-20.35M	-529.81M	2.34B	4.55B	3.91B	1.89B	191.00M	-906.30M	7.08B	5.53B	1.21B	-6.71B	1.47B	6.60B	5.40B	-4.29B
Issuance/retirement of long term debt	1.52B	-402.80M	-784.46M	2.55B	-448.92M	456.51M	16.33M	5.86B	3.04B	2.73B	637.10M	-4.55B	4.09B	2.68B	3.20B	-6.86B	622.10M	1.74B	5.06B	-6.54B
Issuance/retirement of short term debt	93.28M	-856.82M	1.06B	1.07B	428.57M	-986.32M	2.32B	-1.31B	868.39M	-841.93M	-446.10M	3.65B	2.98B	2.86B	-2.00B	147.80M	849.80M	4.86B	349.20M	2.24B
Issuance/retirement of other debt	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total cash dividends paid	-161.31M	-465.12M	-339.43M	-477.41M	-715.77M	-1.25B	-808.70M	-566.78M	-569.69M	-678.02M	-691.60M	-829.30M	-829.30M	-836.00M	-968.60M	-1.41B	-2.12B	-2.13B	-2.14B	-2.13B
Other financing cash flow items, total	251.08M	60.31M	197.23M	-77.87M	-123.66M	-212.67M	-132.64M	-93.31M	-101.00K	0	0	0	0	0	0	0	0	0	0	0

SRF Balance Sheet

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	-297.91M	-306.26M	-297.14M	-459.73M	-577.29M	-726.96M	-900.87M	-998.03M	-961.18M	-1.38B	-1.32B	-1.14B	-1.55B	-2.22B	-2.11B	-1.46B	-1.20B	-2.33B	-3.80B	-3.99B
Pretax equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total assets	15.57B	17.42B	19.38B	25.70B	30.44B	35.70B	39.82B	45.89B	55.19B	59.54B	65.54B	69.71B	86.59B	102.68B	113.47B	132.61B	158.84B	188.56B	204.82B	215.57B
Total current assets	4.12B	5.40B	6.69B	6.44B	9.40B	12.59B	13.39B	14.99B	17.15B	17.16B	19.82B	20.78B	24.49B	31.72B	28.94B	39.39B	52.51B	57.75B	56.49B	61.30B
Cash and short term investments	101.50M	205.82M	697.16M	89.59M	904.02M	902.47M	2.74B	3.32B	1.13B	2.04B	5.53B	2.89B	2.31B	2.99B	3.24B	6.95B	7.76B	11.07B	8.38B	11.33B
Cash & equivalents	100.77M	196.80M	217.53M	59.59M	449.57M	713.13M	1.14B	1.84B	866.61M	1.10B	3.50B	961.20M	967.40M	1.99B	1.25B	1.47B	4.59B	6.16B	4.07B	3.53B
Short term investments	726.00K	9.02M	479.62M	30.00M	454.45M	189.34M	1.60B	1.49B	264.80M	942.22M	2.03B	1.92B	1.35B	1.00B	1.99B	5.48B	3.17B	4.90B	4.31B	7.80B
Total receivables, net	2.06B	3.01B	3.29B	3.60B	5.11B	6.31B	5.67B	5.86B	8.06B	7.00B	6.90B	8.65B	11.09B	15.42B	12.86B	15.76B	20.89B	21.74B	22.72B	24.59B
Accounts receivable - trade, net	1.29B	2.16B	2.45B	2.49B	3.61B	4.93B	4.84B	5.09B	6.91B	6.11B	5.14B	6.57B	6.81B	10.54B	8.91B	12.75B	17.92B	17.86B	19.43B	21.69B
Other receivables	770.91M	856.25M	840.54M	1.11B	1.50B	1.38B	833.55M	771.98M	1.14B	898.14M	1.75B	2.08B	4.29B	4.88B	3.95B	3.01B	2.96B	3.88B	3.29B	2.89B
Total inventory	1.76B	2.00B	2.51B	2.49B	3.07B	5.04B	4.88B	5.71B	7.57B	7.88B	7.17B	8.76B	10.41B	12.68B	12.63B	15.65B	22.63B	24.36B	24.37B	24.59B
Other current assets, total	204.09M	180.36M	194.68M	260.90M	302.93M	341.19M	92.13M	24.90M	271.92M	82.86M	124.90M	402.80M	550.50M	449.80M	116.60M	910.10M	1.07B	337.90M	709.50M	409.60M
Total non-current assets	11.44B	12.01B	12.69B	19.26B	21.03B	23.11B	26.43B	30.90B	38.03B	42.38B	45.71B	48.93B	62.10B	70.96B	84.52B	93.22B	106.33B	130.81B	148.33B	154.28B
Long term investments	70.67M	85.46M	99.61M	424.71M	71.23M	1.16B	358.35M	523.90M	730.53M	1.17B	131.70M	384.50M	247.40M	388.70M	638.90M	954.10M	1.26B	518.80M	2.05B	4.10B
Note receivable - long term	—	—	—	—	—	—	300.33M	426.25M	384.80M	875.35M	88.40M	133.30M	246.20M	340.50M	597.30M	624.10M	307.00M	448.20M	500.40M	2.74B
Investments in unconsolidated subsidiaries	0	0	0	0	64.62M	0	57.97M	42.22M	42.22M	500.00K	42.70M	500.00K	500.00K	0	0	0	0	0	0	0
Other investments	70.67M	85.46M	99.61M	424.71M	6.61M	1.16B	48.00K	55.44M	303.52M	296.01M	600.00K	250.70M	700.00K	48.20M	41.60M	330.00M	951.70M	70.60M	1.55B	1.36B
Net property/plant/equipment	11.25B	11.82B	12.48B	18.32B	20.43B	21.27B	24.26B	28.78B	36.42B	39.33B	42.06B	46.17B	56.25B	63.82B	77.28B	87.16B	101.92B	126.11B	140.50B	145.63B
Gross property/plant/equipment	17.47B	18.88B	20.37B	32.15B	35.75B	38.72B	44.81B	52.77B	61.80B	66.53B	44.60B	51.38B	64.45B	75.49B	92.15B	106.36B	125.43B	154.74B	174.95B	187.59B
Deferred tax assets	51.28M	32.95M	41.37M	246.74M	198.69M	153.96M	141.47M	145.14M	498.09M	708.25M	1.30B	26.00M	2.96B	3.80B	4.84B	3.50B	1.19B	1.20B	275.60M	357.30M
Net intangible assets	74.92M	76.22M	67.41M	271.17M	333.20M	315.54M	296.70M	271.20M	277.51M	1.07B	991.70M	856.60M	1.17B	1.13B	1.17B	1.13B	1.19B	1.15B	1.20B	1.12B
Goodwill, net	58.16M	58.16M	58.16M	130.04M	126.36M	122.67M	118.97M	115.28M	110.94M	49.09M	49.10M	49.10M	40.80M	40.80M	6.20M	6.20M	0	0	0	0
Other intangibles, net	16.76M	18.06M	9.26M	141.13M	206.84M	192.87M	177.72M	155.91M	166.57M	1.02B	942.60M	807.50M	1.13B	1.09B	1.16B	1.12B	1.19B	1.15B	1.20B	1.12B
Other long term assets, total	0	0	0	0	0	0	974.45M	1.07B	18.32M	7.08M	276.70M	552.30M	514.90M	469.30M	594.10M	481.70M	760.10M	1.83B	4.13B	2.91B
Short term debt	1.23B	900.02M	509.05M	5.62B	4.22B	4.93B	5.13B	6.09B	4.63B	6.52B	5.75B	9.64B	12.35B	15.69B	17.49B	14.40B	18.07B	20.68B	26.97B	26.89B
Current portion of LT debt and capital leases	216.34M	727.82M	1.41M	2.98B	1.11B	3.09B	1.38B	3.65B	1.43B	4.10B	3.86B	4.19B	3.84B	4.41B	7.93B	4.74B	7.65B	5.17B	11.04B	8.36B
Short term debt excl. current portion of LT debt	1.02B	172.20M	507.64M	2.64B	3.11B	1.84B	3.75B	2.43B	3.20B	2.41B	1.89B	5.46B	8.51B	11.27B	9.55B	9.66B	10.42B	15.51B	15.93B	18.53B
Accounts payable	2.15B	2.32B	3.03B	2.96B	4.26B	6.31B	5.32B	5.18B	7.89B	5.78B	7.16B	8.09B	10.44B	13.82B	11.12B	15.85B	23.84B	23.50B	23.45B	23.32B
Income tax payable	209.74M	273.50M	73.03M	78.12M	149.16M	64.54M	95.34M	31.42M	110.92M	54.06M	31.20M	548.60M	390.00M	98.30M	97.50M	124.90M	142.00M	146.30M	166.00M	167.10M
Long term debt	4.92B	3.99B	4.67B	4.92B	6.14B	4.80B	7.17B	10.96B	17.13B	17.88B	19.40B	14.32B	19.07B	21.61B	23.86B	20.29B	18.48B	24.09B	23.34B	20.37B
Long term debt excl. lease liabilities	4.92B	3.99B	4.67B	4.92B	6.14B	4.80B	7.17B	10.96B	17.13B	17.88B	19.40B	14.32B	19.07B	21.61B	23.86B	20.29B	18.48B	24.09B	23.34B	20.37B
Total equity	5.61B	8.35B	9.28B	9.75B	12.74B	16.98B	18.46B	19.67B	20.67B	22.87B	27.63B	31.83B	35.65B	41.29B	49.33B	68.56B	85.65B	103.27B	114.79B	126.26B
Shareholders' equity	5.61B	8.35B	9.28B	9.75B	12.74B	16.98B	18.46B	19.67B	20.67B	22.87B	27.63B	31.83B	35.65B	41.29B	49.33B	68.56B	85.65B	103.27B	114.79B	126.26B
Common equity, total	5.61B	8.35B	9.28B	9.75B	12.74B	16.98B	18.46B	19.67B	20.67B	22.87B	27.63B	31.83B	35.65B	41.29B	49.33B	68.56B	85.65B	103.27B	114.79B	126.26B
Other common equity	2.32B	6.41B	5.71B	6.74B	2.85B	3.83B	7.49B	7.84B	8.09B	7.55B	7.96B	7.83B	8.63B	8.70B	7.57B	9.46B	9.73B	7.93B	8.28B	9.37B
Total debt	6.16B	4.89B	5.17B	10.54B	10.35B	9.73B	12.30B	17.05B	21.75B	24.40B	25.15B	23.96B	31.42B	37.30B	41.35B	34.69B	36.55B	44.78B	50.31B	47.26B
Net debt	6.05B	4.69B	4.48B	10.45B	9.45B	8.83B	9.55B	—	20.62B	22.36B	19.63B	21.08B	29.10B	34.31B	38.11B	27.74B	28.79B	33.71B	41.92B	35.93B
Change in accounts receivable	-496.43M	-938.22M	-309.93M	113.36M	-1.24B	-1.42B	202.52M	-292.07M	-1.83B	784.29M	886.90M	-1.45B	-276.60M	-3.47B	1.21B	-3.84B	-5.08B	-44.10M	-1.71B	-2.11B
Change in taxes payable	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	-82.63M	191.76M	741.59M	-1.39B	2.02B	2.13B	-311.95M	-134.22M	2.70B	-2.07B	1.33B	943.40M	2.35B	3.38B	-2.72B	4.80B	5.10B	1.22B	-142.40M	1.09B
Change in other assets/liabilities	—	0	-283.34M	—	0	0	-116.28M	-358.92M	-240.56M	447.60M	-589.30M	-375.20M	-2.56B	-403.20M	1.21B	402.60M	-5.20M	-473.60M	1.45B	776.20M
Sale of fixed assets & businesses	4.89M	3.10M	13.69M	25.76M	17.26M	12.04M	86.06M	297.49M	98.45M	597.81M	87.10M	330.80M	173.20M	37.40M	3.32B	96.60M	149.50M	138.80M	151.90M	92.00M
Purchase/sale of investments, net	24.91M	-14.66M	-506.69M	166.53M	353.48M	-1.10B	-242.62M	-63.27M	1.18B	-635.64M	-986.80M	-218.60M	840.20M	339.70M	-921.60M	-3.23B	2.08B	-1.37B	-519.70M	-3.33B
Sale/maturity of investments	61.24M	3.28B	4.35B	4.95B	6.59B	7.73B	10.28B	8.51B	9.61B	6.28B	4.52B	6.28B	6.14B	339.70M	5.20M	—	2.08B	274.90M	1.11B	0
Purchase of investments	-36.33M	-3.30B	-4.86B	-4.79B	-6.24B	-8.83B	-10.52B	-8.58B	-8.43B	-6.92B	-5.51B	-6.49B	-5.30B	0	-926.80M	-3.23B	0	-1.64B	-1.63B	-3.33B
Other investing cash flow items, total	0	0	-25.92M	105.87M	138.97M	7.12M	71.88M	-4.84M	0	97.29M	60.60M	36.40M	0	0	0	280.10M	-800.00K	-700.00K	-1.30M	354.90M
Issuance/retirement of debt, net	1.61B	-1.26B	280.09M	3.62B	-20.35M	-529.81M	2.34B	4.55B	3.91B	1.89B	191.00M	-906.30M	7.08B	5.53B	1.21B	-6.71B	1.47B	6.60B	5.40B	-4.29B
Issuance/retirement of long term debt	1.52B	-402.80M	-784.46M	2.55B	-448.92M	456.51M	16.33M	5.86B	3.04B	2.73B	637.10M	-4.55B	4.09B	2.68B	3.20B	-6.86B	622.10M	1.74B	5.06B	-6.54B
Issuance/retirement of short term debt	93.28M	-856.82M	1.06B	1.07B	428.57M	-986.32M	2.32B	-1.31B	868.39M	-841.93M	-446.10M	3.65B	2.98B	2.86B	-2.00B	147.80M	849.80M	4.86B	349.20M	2.24B
Issuance/retirement of other debt	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total cash dividends paid	-161.31M	-465.12M	-339.43M	-477.41M	-715.77M	-1.25B	-808.70M	-566.78M	-569.69M	-678.02M	-691.60M	-829.30M	-829.30M	-836.00M	-968.60M	-1.41B	-2.12B	-2.13B	-2.14B	-2.13B
Other financing cash flow items, total	251.08M	60.31M	197.23M	-77.87M	-123.66M	-212.67M	-132.64M	-93.31M	-101.00K	0	0	0	0	0	0	0	0	0	0	0