Financials
We've grouped the latest 4 financial reports for ARE. You can view and compare their Income Statement, Balance Sheet, and Cash Flow.
| Income Statement | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|
| Total Revenue | 2728135000 | 1205971000 | 2806701000 | 3569438000 |
| Cost of Revenue | 817604000 | 574377000 | 667935000 | 1409769000 |
| Gross Margin | 1910531000 | 631594000 | 2138766000 | 2159669000 |
| Research & Development | - | - | - | - |
| Selling, General and Administrative | - | - | - | - |
| Other Operating Expense | - | - | - | - |
| Total Operating Expense | - | - | - | - |
| Operating Income | 1418536000 | 57217000 | 1473031000 | 1280124000 |
| Interest Income | 2257000 | 23249000 | 31108000 | 257860000 |
| Interest Expense | 128645000 | 157495000 | 173675000 | 171609000 |
| Net Interest Incomee | -128645000 | -157495000 | -173675000 | -171609000 |
| Other Income Expense | - | - | - | - |
| Non-recurring Items | - | - | - | - |
| Other Non-operating Income | 3562000 | 1122000 | 47570000 | -52520000 |
| Income before Provision for income taxes | 194204000 | 402793000 | 404047000 | 827171000 |
| Tax Provision | - | - | - | - |
| Net Income | 169093000 | 379312000 | 363165000 | 770959000 |
| Effect of accounting charges | - | - | - | - |
| Minority Interest | - | - | - | - |
| Provision for income taxes | - | - | - | - |
| Non-recurring items | - | - | - | - |
| Other Items | - | - | - | - |
| Discontinued Operations | - | - | - | - |
| Preferred Stock Dividends | - | - | - | - |
| EBIT | 1418536000 | 57217000 | 1473031000 | 1280124000 |
| Balance Sheet | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|
| Assets | ||||
| Cash, Cash Equivalents & Short-term investments | 254381000 | 234181000 | 189681000 | 568532000 |
| Cash & Cash Equivalents | - | - | - | - |
| Other Short-term Investments | 523254000 | - | - | - |
| Receivables | - | - | - | - |
| Inventory | - | - | - | - |
| Other Current Assets | 44353000 | 64613000 | 95360000 | 29173000 |
| Total Current Assets | 277186000 | 272130000 | 242689000 | 597705000 |
| PPE | 11070000 | 14787000 | 23031000 | 31130000 |
| Non-current Marketable Securities | 110618000 | 237507000 | 346890000 | 332349000 |
| Other Non-current assets | 93447000 | 170201000 | 313690000 | 30620000 |
| total non-current assets | 214885000 | 421872000 | 938496000 | 1016536000 |
| Goodwill | - | - | - | - |
| Other Intangible Assets | 77663000 | 150340000 | 281650000 | 286100000 |
| deferred long-term asset charges | - | - | - | - |
| Total Assets | 12103953000 | 14464956000 | 18390503000 | 22827878000 |
| Liabilities | ||||
| Accounts Payable | - | - | - | - |
| Current Debt | 50000000 | 208000000 | 384000000 | 230925000 |
| Other Current Liabilties | 103000 | 768000 | 126278000 | 150982000 |
| Total Current Liabilities | 449529000 | 612812000 | 615127000 | 816344000 |
| Long Term Debt | 4764807000 | 5478255000 | 6777479000 | 7563286000 |
| Non-Current Deferred Liabilties | - | - | - | - |
| Negative Goodwill | - | - | - | - |
| Other Non-Current Liabilities | 41387000 | 63897000 | 86078000 | 89399000 |
| total non-current liabilities | 3395804000 | 4292293000 | 6044127000 | 7232370000 |
| Total capital lease obligations | 88184000 | 134808000 | 466581000 | 633825000 |
| Total Liabilities | 5620784000 | 6570242000 | 8224025000 | 9384100000 |
| Shareholder's Equity | ||||
| Common Stock | - | - | - | - |
| Share premium | - | - | - | - |
| Preferred Stock | - | - | - | - |
| Retained Earnings | - | - | - | - |
| Additional Paid-in Capital | - | - | - | - |
| Gains/Losses not affecting retained earnings | - | - | - | - |
| Treasury Stock | - | - | - | - |
| Total Shareholders' Equity | 5949666000 | 7341965000 | 8865826000 | 11725712000 |
| Total Liabilities and Shareholders' Equity | - | - | - | - |
| Cash Flow | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|
| Cash from Operating Activities | ||||
| Operating Activities | 450882000 | 570339000 | 683857000 | 882510000 |
| Other Operating Activities | - | - | - | - |
| Change(increase) in Operating Activities | - | - | - | - |
| Net Income | 169093000 | 379312000 | 363165000 | 770959000 |
| Depreciation | - | - | - | - |
| Change in Liabilities | - | - | - | - |
| Change in Inventory | - | - | - | - |
| Change(increase) in Account Receivables | - | - | - | - |
| Change(increase) in Receivables | 502000 | -435000 | 897000 | -2804000 |
| Cash from Investing Activities | ||||
| Investment Activities | -1737126000 | -2161760000 | -3641320000 | -3278161000 |
| Other Investment Activities | - | - | - | - |
| Investments | - | - | - | - |
| Capital Expenditures | 1569269000 | 1964348000 | 3484319000 | 4015864000 |
| Cash from Financing Activities | ||||
| Financing Activities | 1420341000 | 1588433000 | 2927482000 | 2750356000 |
| Other Financing Activities | - | - | - | - |
| Stock Sale and Purchase | - | - | - | - |
| Dividends | 321800000 | 385800000 | 451200000 | 532980000 |
| Net Borrowings | - | - | - | - |
| Change(increase) in Cash | - | - | - | - |
| Change(increase) in Cash and Cash Equivalents | 129349000 | -5056000 | -29441000 | 355016000 |
| Change(increase) in Net Income | - | - | - | - |
| Change in Exchange Rate | 1723000 | -2068000 | 540000 | 311000 |