State Street Corporation (STT) · 10+ Years of Financial statements

Income Statement	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Sales/Revenue/Turnover	8,867	8,953	9,717	9,649	9,884	10,295	10,360	10,207	11,170	11,982	11,756	11,703	12,027	12,148	11,945
+ Sales & Services Revenue	8,867	8,953	9,717	9,649	9,884	10,295	10,360	10,207	11,170	11,982	11,756	11,703	12,027	12,148	11,945
- Cost of Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cost of Goods & Services	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Profit	8,640	8,953	9,594	9,649	9,864	10,274	10,360	10,207	11,266	12,131	11,756	11,694	12,027	12,125	11,945
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	8,640	8,953	9,594	9,649	9,864	10,274	10,360	10,207	11,266	12,131	11,756	11,694	12,027	12,125	11,945
+ Selling, General & Admin	5,917	3,524	5,328	3,837	3,800	4,060	4,061	4,353	4,394	4,780	4,541	4,450	4,554	4,428	4,704
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	2,723	5,429	4,266	5,812	6,064	6,214	6,299	5,854	6,872	7,351	7,215	7,244	7,473	7,697	7,241
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Non-Operating (Income) Loss	-2,525	-2,086	-2,536	-2,766	-2,686	-2,523	-2,298	-2,120	-2,899	-2,999	-2,852	-2,899	-3,171	-3,327	-2,316
+ Interest Expense, Net	-4,008	-4,225	-3,559	-3,490	-3,125	-3,044	-2,888	-2,940	-3,512	-4,653	-5,316	-2,950	-1,911	-5,632	-15,601
+ Interest Expense	-722	-763	-613	-476	-411	-392	-400	-428	-604	-991	-1,375	-375	-3	-1,544	-6,421
- Interest Income	3,286	3,462	2,946	3,014	2,714	2,652	2,488	2,512	2,908	3,662	3,941	2,575	1,908	4,088	9,180
+ Other Non-Op (Income) Loss	1,483	2,139	1,023	724	439	521	590	820	613	1,654	2,464	51	-1,260	2,305	13,285
Pretax Income	2,525	2,086	2,536	2,766	2,686	2,523	2,298	2,120	2,899	2,999	2,852	2,899	3,171	3,327	2,316
- Income Tax Expense (Benefit)	722	530	616	705	550	434	318	-22	722	400	470	479	478	553	372
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	1,640	1,556	1,920	2,061	2,136	2,089	1,980	2,142	2,177	2,599	2,382	2,420	2,693	2,774	1,944
- Net Extraordinary Losses (Gains)	3,684	- -	- -	- -	- -	- -	- -	-2	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	3,684	- -	- -	- -	- -	- -	- -	-2	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	-2,044	1,556	1,920	2,061	2,136	2,089	1,980	2,144	2,177	2,599	2,382	2,420	2,693	2,774	1,944
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	1	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	-2,044	1,556	1,920	2,061	2,136	2,089	1,980	2,143	2,177	2,599	2,382	2,420	2,693	2,774	1,944
- Preferred Dividends	163	- -	20	29	26	61	130	173	182	188	232	162	119	112	122
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	-2,207	1,556	1,900	2,032	2,110	2,028	1,850	1,970	1,995	2,411	2,150	2,258	2,574	2,662	1,822
Basic Weighted Avg Shares	471	495	493	474	446	424	408	391	375	372	370	353	353	365	322
Basic EPS, GAAP	-4.69	3.14	3.86	4.28	4.73	4.78	4.54	5.03	5.32	6.48	5.81	6.4	7.3	7.29	5.65
Basic EPS from Cont Ops	3.48	3.14	3.9	4.34	4.79	4.92	4.85	5.47	5.81	6.99	6.44	6.86	7.64	7.6	6.03
Diluted Weighted Avg Shares	474	498	496	481	455	432	414	396	380	376	374	357	358	370	327
Diluted EPS, GAAP	-4.66	3.12	3.83	4.22	4.64	4.69	4.47	4.97	5.25	6.4	5.75	6.32	7.19	7.19	5.58
Diluted EPS from Cont Ops	3.46	3.12	3.87	4.28	4.69	4.84	4.79	5.41	5.73	6.9	6.37	6.78	7.52	7.5	5.95
EBITDA	-2,284	-230	380	456	675	699	793	929	1,085	1,203	1,337	1,510	1,557	1,156	882
EBITDA Margin (%)	-25.76	-2.57	3.91	4.73	6.83	6.79	7.65	9.1	9.71	10.04	11.37	12.9	12.95	9.52	7.38
EBITA	- -	- -	- -	- -	- -	- -	- -	- -	- -	977	1,101	1,276	1,312	918	- -
EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100	100	100	100	100	100
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Profit Margin (%)	-23.05	17.38	19.76	21.36	21.61	20.29	19.11	21	19.49	21.69	20.26	20.68	22.39	22.84	16.27
Sales per Employee	324,680	312,278	326,732	325,320	335,848	343,510	320,188	302,134	304,833	298,490	300,642	296,737	310,102	289,238	259,674
Dividend per Share	0.36	0.04	0.6	0.98	1.09	1.27	1.61	1.85	2.05	2.23	2.51	2.52	2.46	2.66	3.01
Depreciation Expense	-2,284	-230	380	456	675	699	793	929	1,085	226	236	234	245	238	882

Balance Sheet	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Total Current Assets	105,253	111,571	165,629	167,139	171,528	194,860	171,270	159,763	130,703	125,629	130,448	183,501	187,494	150,660	110,259
+ Cash, Cash Equivalents & STI	101,972	107,426	160,552	163,035	166,651	190,291	146,615	134,247	126,455	121,785	126,082	179,475	183,388	146,142	104,514
+ Cash & Cash Equivalents	29,273	25,545	60,720	53,353	67,477	95,378	76,545	72,249	69,334	76,637	72,267	120,427	109,989	105,563	91,770
+ ST Investments	72,699	81,881	99,832	109,682	99,174	94,913	70,070	61,998	57,121	45,148	53,815	59,048	73,399	40,579	12,744
+ Accounts & Notes Receiv	1,497	4,136	1,810	1,970	2,123	2,242	2,346	2,644	3,099	3,203	3,231	3,105	3,278	3,434	5,745
+ Accounts Receivable, Net	68	403	1,810	511	2,123	2,242	2,346	2,644	3,099	3,203	3,231	3,105	3,278	3,434	4,417
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	1,429	3,733	- -	1,459	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1,328
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	1,784	9	3,267	2,134	2,754	2,327	22,309	22,872	1,149	641	1,135	921	828	1,084	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	52,693	48,934	51,198	55,443	71,763	79,259	73,885	82,935	107,722	118,967	115,162	131,205	127,130	150,790	186,999
+ Property, Plant & Equip, Net	-1,093	1,843	1,747	-2,309	1,860	1,937	1,894	2,062	2,186	2,214	2,282	2,155	2,261	2,315	3,204
+ Property, Plant & Equip	1,953	5,268	5,420	1,728	6,277	6,536	6,714	5,395	6,067	6,366	6,649	6,980	7,652	8,060	9,266
- Accumulated Depreciation	3,046	3,425	3,673	4,037	4,417	4,599	4,820	3,333	3,881	4,152	4,367	4,825	5,391	5,745	6,062
+ LT Investments & Receivables	93,724	95,536	109,860	121,698	117,757	113,560	100,871	98,191	98,672	87,922	96,511	112,091	116,587	105,929	105,397
+ LT Investments	93,724	95,536	109,860	121,698	117,757	113,560	100,871	98,191	98,672	87,922	96,511	112,091	116,587	105,929	105,397
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	-39,938	-48,445	-60,409	-63,946	-47,854	-36,238	-28,880	-17,318	6,864	28,831	16,369	16,959	8,282	42,546	78,398
+ Total Intangible Assets	6,360	8,190	8,104	8,516	8,396	7,851	7,439	7,564	7,635	9,815	9,586	9,510	9,437	9,039	8,931
+ Goodwill	4,550	5,597	5,645	5,977	6,036	5,826	5,671	5,814	6,022	7,446	7,556	7,683	7,621	7,495	7,611
+ Other Intangible Assets	1,810	2,593	2,459	2,539	2,360	2,025	1,768	1,750	1,613	2,369	2,030	1,827	1,816	1,544	1,320
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	-46,298	-56,635	-68,513	-72,462	-56,250	-44,089	-36,319	-24,882	-771	19,016	6,783	7,449	-1,155	33,507	69,467
Total Assets	157,946	160,505	216,302	222,582	243,291	274,119	245,192	242,698	238,425	244,626	245,610	314,706	314,624	301,450	297,258
+ Payables & Accruals	9,281	11,782	17,860	17,236	19,194	20,186	14,643	16,901	15,606	24,209	24,717	27,503	17,048	22,525	28,123
+ Accounts Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accrued Taxes	9,281	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	11,782	17,860	17,236	19,194	20,186	14,643	16,901	15,606	24,209	24,717	27,503	17,048	22,525	28,123
+ ST Debt	20,200	8,694	5,161	4,502	3,780	4,381	1,748	1,585	1,144	3,092	839	3,987	128	2,097	5,833
+ ST Borrowings	20,200	8,694	5,161	4,502	3,780	4,381	1,748	1,585	1,144	3,092	839	3,987	128	2,097	5,833
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	- -	- -	-238	-40	- -	196	6	- -	- -	23	140	- -	2,546	2,159	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	- -	- -	-238	-40	- -	196	6	- -	- -	23	140	- -	2,546	2,159	- -
Total Current Liabilities	29,481	20,476	22,783	21,698	22,974	24,763	16,397	18,486	16,750	27,324	25,696	31,490	19,722	26,781	33,956
+ LT Debt	8,838	8,550	8,134	7,389	9,699	10,042	11,534	11,430	11,620	11,093	12,509	13,805	13,475	14,996	15,667
+ LT Borrowings	8,838	7,834	8,134	7,389	9,699	10,042	11,534	11,430	11,620	11,093	12,509	13,805	13,475	14,996	15,480
+ LT Finance Leases	751	716	694	706	788	769	334	293	250	190	136	103	164	176	187
+ Other LT Liabilities	105,136	113,692	166,512	172,626	190,240	217,986	196,089	191,563	187,738	181,442	182,974	243,211	254,064	234,482	223,836
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	105,136	113,692	166,512	172,626	190,240	217,986	196,089	191,563	187,738	181,442	182,974	243,211	254,064	234,482	223,836
Total Noncurrent Liabilities	113,974	122,242	174,646	180,015	199,939	228,028	207,623	202,993	199,358	192,535	195,483	257,016	267,539	249,478	239,503
Total Liabilities	143,455	142,718	196,904	201,713	222,913	252,595	224,057	221,479	216,108	219,836	221,039	288,506	287,261	276,259	273,459
+ Preferred Equity and Hybrid Capital	- -	- -	500	489	491	1,961	2,703	3,196	3,196	3,690	2,962	2,471	1,976	1,976	1,976
+ Share Capital & APIC	9,675	9,858	10,061	10,171	10,280	10,295	10,250	10,286	10,303	10,565	10,636	10,709	11,291	11,234	11,245
+ Common Stock	495	502	504	504	504	504	504	504	504	504	504	504	504	504	504
+ Additional Paid in Capital	9,180	9,356	9,557	9,667	9,776	9,791	9,746	9,782	9,799	10,061	10,132	10,205	10,787	10,730	10,741
- Treasury Stock	17	16	680	1,902	3,693	5,158	6,457	7,682	9,029	8,715	10,209	10,609	10,009	11,336	15,025
+ Retained Earnings	7,071	8,634	10,176	11,751	13,395	14,933	16,049	17,459	18,856	20,606	22,058	23,442	25,238	27,028	27,957
+ Other Equity	-2,238	-689	-659	360	-95	-507	-1,442	-2,040	-1,009	-1,356	-876	187	-1,133	-3,711	-2,354
Equity Before Minority Interest	14,491	17,787	19,398	20,869	20,378	21,524	21,103	21,219	22,317	24,790	24,571	26,200	27,363	25,191	23,799
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	32	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	14,491	17,787	19,398	20,869	20,378	21,524	21,135	21,219	22,317	24,790	24,571	26,200	27,363	25,191	23,799
Total Liabilities & Equity	157,946	160,505	216,302	222,582	243,291	274,119	245,192	242,698	238,425	244,626	245,610	314,706	314,624	301,450	297,258
Shares Outstanding	495	502	487	459	434	415	400	382	368	380	357	353	366	349	302
Capital Leases - Total	751	716	694	706	788	769	334	293	250	190	136	103	164	176	187
Net Debt	-235	-9,017	-47,425	-41,462	-53,998	-80,955	-63,263	-59,234	-56,570	-62,452	-58,919	-102,635	-96,386	-88,470	-70,457
Net Debt to Equity	-1.62	-50.69	-244.48	-198.68	-264.98	-376.12	-299.33	-279.16	-253.48	-251.92	-239.79	-391.74	-352.25	-351.2	-296.05
Tangible Common Equity Ratio	5.36	6.3	5.18	5.54	4.89	4.4	4.62	4.45	4.98	4.81	5.09	4.66	5.23	4.85	4.47
Current Ratio	3.57	5.45	7.27	7.7	7.47	7.87	10.45	8.64	7.8	4.6	5.08	5.83	9.51	5.63	3.25
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Number of Employees	27,310	28,670	29,740	29,660	29,430	29,970	32,356	33,783	36,643	40,142	39,103	39,439	38,784	42,000	46,000

Cash Flow Statement	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
+ Net Income	-1,881	1,556	1,920	2,061	2,136	2,037	1,980	2,143	2,177	2,599	2,242	2,420	2,693	2,774	1,944
+ Depreciation & Amortization	-2,284	-230	380	456	675	699	793	929	1,085	1,203	1,337	1,510	1,557	1,156	882
+ Non-Cash Items	-470	1,409	970	458	454	364	417	141	441	249	291	251	149	398	413
+ Stock-Based Compensation	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Income Taxes	-1,961	1,244	218	225	112	79	-168	-358	95	-145	-130	-194	-162	-62	-184
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	1,491	165	752	233	342	285	585	499	346	394	421	445	311	460	597
+ Chg in Non-Cash Work Cap	366	-1,912	104	-1,149	-5,239	-3,661	-4,593	-923	3,230	6,406	1,820	-649	-11,109	7,626	-2,549
+ (Inc) Dec in Accts Receiv	241	-236	-89	-148	-153	-119	-104	-298	-455	26	-28	127	-173	-156	-359
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	- -	61	-147	-250	113	-669	-48	-1,147	9	397	294	-170	-574	557	-128
+ Inc (Dec) in Other	125	-1,737	340	-751	-5,199	-2,873	-4,441	522	3,676	5,983	1,554	-606	-10,362	7,225	-2,062
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	-4,269	823	3,374	1,826	-1,974	-561	-1,403	2,290	6,933	10,457	5,690	3,532	-6,710	11,954	690
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-325	-262	-298	-355	-388	-427	-703	-613	-637	-609	-730	-560	-811	-734	-816
+ Acq of Fixed Prod Assets	-325	-262	-298	-355	-388	-427	-703	-613	-637	-609	-730	-560	-811	-734	-816
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Change in LT Investment	2,257	2,886	-14,539	-11,690	2,086	1,997	9,015	183	1,671	8,344	-9,310	-15,080	-7,358	4,818	5,287
+ Dec in LT Investment	56,767	68,911	64,735	52,950	49,870	49,103	44,176	39,413	45,517	47,023	36,439	67,452	55,191	31,661	30,094
+ Inc in LT Investment	-54,510	-66,025	-79,274	-64,640	-47,784	-47,106	-35,161	-39,230	-43,846	-38,679	-45,749	-82,532	-62,549	-26,843	-24,807
+ Net Cash From Acq & Div	- -	-2,332	-214	-511	18	- -	- -	-437	- -	-2,595	-54	- -	-333	- -	-61
+ Cash from Divestitures	- -	- -	- -	- -	18	- -	- -	- -	- -	- -	- -	- -	13	- -	- -
+ Cash for Acq of Subs	- -	-2,332	-214	-511	- -	- -	- -	-437	- -	-2,595	-54	- -	-346	- -	-61
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	29,700	2,900	-38,844	7,965	-15,801	-30,062	16,683	5,097	-986	-9,636	7,468	-49,894	6,330	2,732	8,328
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	31,632	3,192	-53,895	-4,591	-14,085	-28,492	24,995	4,230	48	-4,496	-2,626	-65,534	-2,172	6,816	12,738
+ Dividends Paid	-168	-20	-295	-463	-486	-539	-655	-723	-768	-828	-930	-889	-866	-972	-970
+ Net Cash From Debt	-5,799	-11,574	-9,055	-783	2,351	206	1,828	51	254	-466	1,093	3,913	-3,959	4,133	4,239
+ Cash From Debt	4,435	- -	1,986	998	2,485	994	2,983	1,492	747	995	1,495	5,791	1,343	5,700	6,784
+ Repayments of Debt	-10,234	-11,574	-11,041	-1,781	-134	-788	-1,155	-1,441	-493	-1,461	-402	-1,878	-5,302	-1,567	-2,545
+ Cash (Repurchase) of Equity	2,193	-44	-729	-1,541	-2,229	-1,882	-1,742	-1,487	-1,418	676	-1,666	-593	961	-1,623	-3,876
+ Increase in Capital Stock	2,231	- -	9	- -	- -	- -	- -	- -	- -	1,150	- -	- -	1,900	- -	- -
+ Decrease in Capital Stock	-38	-44	-738	-1,541	-2,229	-1,882	-1,742	-1,487	-1,418	-474	-1,666	-593	-939	-1,623	-3,876
+ Other Financing Activities	-24,129	8,293	59,482	5,949	17,053	29,903	-23,671	-4,254	-4,256	-3,853	-1,471	59,736	12,910	-19,969	-12,744
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-27,903	-3,345	49,403	3,162	16,689	27,688	-24,240	-6,413	-6,188	-4,471	-2,974	62,167	9,046	-18,431	-13,351
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	-540	670	-1,118	397	630	-1,365	-648	107	793	1,490	90	165	164	339	77
EBITDA	-2,284	-230	380	456	675	699	793	929	1,085	1,203	1,337	1,510	1,557	1,156	882
EBITDA Margin (%)	-25.76	-2.57	3.91	4.73	6.83	6.79	7.65	9.1	9.71	10.04	11.37	12.9	12.95	9.52	7.38
Net Cash Paid for Acquisitions	- -	2,332	214	511	-18	- -	- -	437	- -	2,595	54	- -	333	- -	61
Free Cash Flow	-4,594	561	3,076	1,471	-2,362	-988	-2,106	1,677	6,296	9,848	4,960	2,972	-7,521	11,220	-126
Free Cash Flow to Firm	-5,110	-8	2,612	1,116	-2,689	-1,313	-2,451	- -	5,842	8,989	3,812	2,659	-7,524	9,933	-5,516
Free Cash Flow to Equity	-12,439	-11,013	-5,499	648	-35	627	334	2,048	6,368	9,688	5,093	6,232	-12,094	15,241	3,991
Free Cash Flow per Basic Share	-9.76	1.13	6.24	3.1	-5.29	-2.33	-5.16	4.28	16.8	26.47	13.41	8.42	-21.33	30.72	-0.39
Price/Free Cash Flow	-5.27	21.18	5.5	10.15	-20.9	-256.3	-39.04	10.6	4.94	2.16	4.62	6.28	-5.6	2.25	16.88
Cash Flow to Net Income	2.09	0.53	1.76	0.89	-0.92	-0.27	-0.71	1.07	3.18	4.02	2.39	1.46	-2.49	4.31	0.35

State Street Corporation

STT US

71.60

71.60