Financial Statements

Financial Statements

  Year Ending Dec 2021 (Update) Year Ending Dec 2020 (Update) Year Ending Dec 2019 (Update) Year Ending Dec 2018 (Update)
Cash & Equivalents 29.93 13.47 5.30 12.79
Cash and Short Term Investments 29.93 13.47 5.30 12.79
Accounts Receivable - Trade, Gross 232.39 492.13 897.53 1,522.09
Provision for Doubtful Accounts -56.21 -80.79 -11.64 -67.38
Accounts Receivable - Trade, Net 176.18 411.34 885.89 1,454.71
Receivables - Other 2.27 5.02 11.65 31.97
Total Receivables, Net 178.45 416.36 897.54 1,486.68
Buildings - Gross 1.51 1.51 1.51 1.51
Machinery/Equipment - Gross 5.22 4.67 6.80 6.20
Leases - Gross 0.00 0.00 0.00 0.00
Other Property/Plant/Equipment - Gross 27.76 25.38 25.38 1.65
Property/Plant/Equipment, Total - Gross 34.48 31.56 33.69 9.36
Accumulated Depreciation, Total -25.15 -19.79 -15.05 -7.52
Property/Plant/Equipment, Total - Net 9.32 11.77 18.65 1.84
Note Receivable - Long Term 1,749.10 1,523.73 1,444.04 821.07
Deferred Charges 0.00 0.00 0.00 0.00
Deferred Income Tax - Long Term Asset 19.58 28.51 15.48 19.19
Restricted Cash - Long Term 146.62 130.69 135.54 117.32
Other Long Term Assets, Total 166.20 159.20 151.02 136.51
Other Assets 26.58 21.37 22.72 26.80
Other Assets, Total 26.58 21.37 22.72 26.80
Total Assets 2,159.58 2,145.90 2,539.25 2,485.68
Payable/Accrued 33.47 28.77 27.83 31.69
Accrued Expenses 9.06 12.10 18.53 0.00
Notes Payable/Short Term Debt 0.00 0.00 0.00 0.00
Long Term Debt 1,945.72 1,969.42 2,289.53 2,256.87
Capital Lease Obligations 1.12 2.24 0.72 0.00
Total Long Term Debt 1,946.85 1,971.66 2,290.25 2,256.87
Total Debt 1,946.85 1,971.66 2,290.25 2,256.87
Total Liabilities 1,989.37 2,012.53 2,336.61 2,288.56
Convertible Preferred Stock – Non-Redeemable 0.00 0.00 0.00 0.00
Preferred Stock - Non Redeemable, Net 0.00 0.00 0.00 0.00
Common Stock 55.30 72.93 71.26 70.27
Common Stock, Total 55.30 72.93 71.26 70.27
Retained Earnings (Accumulated Deficit) 116.53 69.01 139.81 134.40
Other Comprehensive Income -1.62 -8.57 -8.42 -7.55
Other Equity, Total -1.62 -8.57 -8.42 -7.55
Total Equity 170.21 133.36 202.64 197.12
Total Liabilities & Shareholders' Equity 2,159.58 2,145.90 2,539.25 2,485.68
Shares Outstanding – Common Stock Primary Issue 21.14 22.74 22.53 22.42
Total Common Shares Outstanding 21.14 22.74 22.53 22.42
Treasury Shares – Common Primary Issue 0.00 0.00 0.00 0.00
Employees 739.00 787.00 1,010.00 1,032.00
Number of Common Shareholders 27.00 27.00 28.00 29.00
Net Debt 1,916.92 1,958.20 2,284.95 2,244.08
Tangible Book Value 170.21 133.36 202.64 197.12
Tangible Book Value per Share 8.05 5.87 8.99 8.79
Total Long Term Debt, Supplemental 26.46 21.32 17.53 17.29
Long Term Debt Maturing within 1 Year 12.00 9.51 6.01 6.87
Long Term Debt Maturing in Year 2 5.24 3.35 3.45 2.89
Long Term Debt Maturing in Year 3 1.98 3.33 3.45 2.89
Long Term Debt Maturing in Year 4 2.44 1.16 1.47 0.99
Long Term Debt Maturing in Year 5 3.24 2.32 1.47 0.99
Long Term Debt Maturing in 2-3 Years 7.22 6.68 6.91 5.77
Long Term Debt Maturing in 4-5 Years 5.67 3.48 2.95 1.97
Long Term Debt Maturing in Year 6 & Beyond 1.57 1.65 1.68 2.68
Interest Costs -0.05 -0.16 -0.06 0.00
Total Capital Leases 1.12 2.24 0.72 0.00
Capital Lease Payments Due in Year 1 1.05 1.23 0.31 0.00
Capital Lease Payments Due in Year 2 0.08 1.05 0.31 0.00
Capital Lease Payments Due in Year 3 0.03 0.08 0.13 0.00
Capital Lease Payments Due in Year 4 0.01 0.03 0.03 0.00
Capital Lease Payments Due in Year 5 0.00 0.01 0.01 0.00
Capital Lease Payments Due in 2-3 Years 0.11 1.13 0.43 0.00
Capital Lease Payments Due in 4-5 Years 0.01 0.04 0.04 0.00
Capital Lease Payments Due in Year 6 & Beyond 0.00 0.00 0.00 0.00
Total Operating Leases 9.06 12.10 18.53 30.94
Operating Lease Payments Due in Year 1 6.43 7.46 7.76 7.68
Operating Lease Payments Due in Year 2 1.89 6.07 7.45 7.59
Operating Lease Payments Due in Year 3 0.92 1.40 6.06 7.48
Operating Lease Payments Due in Year 4 0.80 0.42 1.39 6.12
Operating Lease Payments Due in Year 5 0.50 0.28 0.41 1.39
Operating Lease Payments Due in 2-3 Years 2.81 7.46 13.51 15.06
Operating Lease Payments Due in 4-5 Years 1.30 0.70 1.80 7.51
Standardized Operating Lease Payments Due in Year 6 and Beyond -1.48 -3.53 -4.54 0.69
Pension Obligation - Domestic 22.28 24.68 23.00 20.09
Plan Assets - Domestic 26.10 18.17 15.91 14.37
Funded Status - Domestic 3.82 -6.51 -7.09 -5.72
Total Funded Status 3.82 -6.51 -7.09 -5.72
Discount Rate - Domestic 2.65 2.28 3.07 4.11
Accrued Liabilities - Domestic 0.00 -6.51 0.00 0.00
Other Assets, Net - Domestic 3.82 0.00 -7.09 -5.72
Net Assets Recognized on Balance Sheet 3.82 -6.51 -7.09 -5.72
Equity % - Domestic 78.00 82.00 82.00 78.00
Debt Securities % - Domestic 22.00 18.00 18.00 22.00
Other Investments % - Domestic 0.00 0.00 0.00 0.00
Total Plan Obligations 22.28 24.68 23.00 20.09
Total Plan Assets 26.10 18.17 15.91 14.37

In millions of USD (except for per share items)