Years 2019 2020

Revenues 2,971,558,674 2,410,497,496

Dep Expense 205,892,637 205,851,501
Net PP&E 2,379,728,327 2,175,578,977
PP&E As % of Rev 80.08% 90.25%
Average PP&E as % of Rev 78% >>> Used to Forecast Net PP&E
CapEx

New Assets Useful Life 12 Years >>> Assumption, but if you want know how
Remainning Assets Useful Life 10.8 Years >>> Average Net PP&E / Average Dep Ex

Deprectian on Existing Assets

Years CapEx
2023 728,427,019
2024 0
2025 352,668,300
2026 413,049,887
2027 483,987,500

Total Deprectian Expense

Capex to Dep
 Depreciation Schedule
2021 2022 2023 F 2024 F
2,342,540,180 3,333,973,022 3,322,786,006 2,760,702,872
213,555,168 151,817,269
1,994,319,312 1,856,292,143 2,584,719,162.24 2,147,487,560.31
85.13% 55.68%
o Forecast Net PP&E
728,427,019 -

2023 F 2024 F 2025 F 2026 F

mption, but if you want know how you can Realiscally know the useful life of a Real Asset CONTACT ME
ge Net PP&E / Average Dep Exp

171,611,864.65 171,611,864.65 171,611,864.65 171,611,864.65

30,351,126 60,702,252 60,702,252 60,702,252

- - -
14,694,513 29,389,025
17,210,412

201,962,990.46 232,314,116.26 247,008,628.77 278,913,553.22

3.6 0.0 1.4 1.5

 2025 F 2026 F 2027 F
3,214,075,644 3,745,071,972 4,367,262,157

2,500,155,860.49 2,913,205,747.34 3,397,193,247.48

352,668,300 413,049,887 483,987,500

2027 F

Asset CONTACT ME

171,611,864.65

60,702,252
-
29,389,025
34,420,824
20,166,146

316,290,111.02

1.5