Date EBIT CFO Stock Price Stock Return

FY 2022 (31.12.2022) 12,600,000,512 11,018,000,384 63.61 7.43%

FY 2021 11,109,000,192 12,625,000,448 59.21 7.97%
FY 2020 9,532,000,256 9,843,999,744 54.84 -0.92%
FY 2019 10,556,999,680 10,471,000,064 55.35 16.90%
FY 2018 10,257,999,872 7,626,999,808 47.35 3.20%
FY 2017 9,696,000,000 7,040,999,936 45.88 10.66%
FY 2016 9,957,999,616 8,796,000,256 41.46 -3.49%
FY 2015 10,373,000,192 10,528,000,000 42.96 1.75%
FY 2014 10,954,000,384 10,615,000,064 42.22 2.20%
FY 2013 11,260,000,256 10,542,000,128 41.31 13.96%
FY 2012 11,249,999,872 10,645,000,192 36.25 3.62%
FY 2011 11,068,999,680 9,473,999,872 34.99 6.39%
FY 2010 9,543,000,064 9,532,000,256 32.89 15.39%
FY 2009 8,544,000,000 8,185,999,872 28.50 25.91%
FY 2008 8,446,000,128 7,570,999,808 22.64 -26.23%
FY 2007 7,251,999,744 7,150,000,128 30.69 27.19%
FY 2006 6,307,999,744 5,957,000,192 24.13 19.70%
FY 2005 6,085,000,192 6,423,000,064 20.16 -3.19%
FY 2004 5,697,999,872 5,968,000,000 20.82 -17.95%
FY 2003 5,221,000,192 5,456,000,000 25.38 15.76%
FY 2002 5,457,999,872 4,742,000,128 21.92 -7.02%
FY 2001 5,352,000,000 4,110,000,128 23.58 -22.63%
FY 2000 3,691,000,064 3,584,999,936 30.47 4.61%
FY 1999 3,982,000,128 3,883,000,064 29.13 -13.06%
FY 1998 4,967,000,064 3,432,999,936 33.50 0.47%
FY 1997 5,000,999,936 4,032,999,936 33.34

Stock return
Correlation between EBIT and Return 0.292
Correlation between CFO and Return 0.323
 Lagged Return

7.43%
7.97%
-0.92%
16.90%
3.20%
10.66%
-3.49%
1.75%
2.20%
13.96%
3.62%
6.39%
15.39%
25.91%
-26.23%
27.19%
19.70%
-3.19%
-17.95%
15.76%
-7.02%
-22.63%
4.61%
-13.06%
0.47%

Lagged return
0.313
0.264
Date Revenue Cash TA
FY 2004 21,742,000,128 6,768,000,000 31,441,000,448
FY 2005 23,104,000,000 4,767,000,064 29,426,999,296
FY 2006 24,088,000,512 2,590,000,128 29,962,999,808
FY 2007 28,856,999,936 4,307,999,744 43,269,001,216
FY 2008 31,943,999,488 4,978,999,808 40,519,000,064
FY 2009 30,990,000,128 9,212,999,680 48,670,998,528
FY 2010 35,122,999,296 11,336,999,936 72,920,997,888
FY 2011 46,554,001,408 14,035,000,320 79,973,998,592
FY 2012 48,031,997,952 16,551,000,064 86,173,999,104
FY 2013 46,934,999,040 20,267,999,232 90,055,000,064
FY 2014 46,011,998,208 21,674,999,808 92,022,996,992
FY 2015 44,257,001,472 19,900,000,256 89,996,001,280
FY 2016 41,854,001,152 22,200,999,936 87,269,998,592
FY 2017 36,217,999,360 20,771,000,320 87,895,998,464
FY 2018 34,290,999,296 16,115,000,320 83,215,998,976
FY 2019 37,279,997,952 11,175,000,064 86,381,002,752
FY 2020 32,999,000,064 10,913,999,872 87,296,000,000
FY 2021 38,657,998,848 12,625,000,448 94,353,997,824
FY 2022 43,045,998,592 11,630,999,552 92,762,996,736

Let's use the red cells to split the cash for 2022 into its operating and financing components:
Operating Financial
Using 10,75% cash/revenues 4,628,409,976 7,002,589,576
Using 8,64% of Cash/TA 8,018,428,561 3,612,570,991
Average 6,323,419,268 5,307,580,284
Cash/Revenues Cash/TA
31.13% 21.53%
20.63% 16.20%
10.75% 8.64%
14.93% 9.96%
15.59% 12.29%
29.73% 18.93%
32.28% 15.55%
30.15% 17.55%
Chart Title
34.46% 19.21%
70.00%
43.18% 22.51%
47.11% 23.55% 60.00%
44.96% 22.11% 50.00%
53.04% 25.44% 40.00%
57.35% 23.63% 30.00%
46.99% 19.37%
20.00%
29.98% 12.94%
10.00%
33.07% 12.50%
32.66% 13.38% 0.00%
04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20
27.02% 12.54% 20 20 20 20 20 20 20 20 20 20 20 20 20 20 20 20 20
FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY F

Cash/Revenues Cash/TA
t Title

13 14 15 16 17 18 19 20 21 22
20 20 20 20 20 20 20 20 20 20
FY FY FY FY FY FY FY FY FY

es Cash/TA