Value20202021202220232024TTMSelling/general/admin expenses39.45 M43.32 M50.62 M58.97 M70.94 M72.37 MResearch & development——————Operating income1.32 B1.28 B809.09 M974.86 M245.14 M15.9 MNon-Operating Income, Total521.4 M474.43 M309.43 M393.04 M7.85 M-247.67 MInterest expense, net of interest capitalized702.06 M705.53 M1.04 B1.34 B1.44 B1.48 BNon-Operating Income, excl. Interest Expenses-180.67 M-231.1 M-727.08 M-946.05 M-1.43 B-1.73 BUnusual income/expense——————Pretax income814.98 M799.68 M502.39 M555.82 M140.2 M-119.81 MEquity in earnings——————Taxes998 K1.15 M800 K1.5 M188 K-36 KNon-controlling/minority interest2.31 M2.69 M97 K967 K281 K-684 KAfter tax other income/expense——————Net income before discontinued operations811.67 M795.85 M501.49 M553.35 M139.73 M-144.19 MDiscontinued operations——————Net income811.67 M795.85 M501.49 M553.35 M139.73 M-144.19 MDilution adjustment——————Preferred dividends——————Diluted net income available to common stockholders811.67 M795.85 M501.49 M553.35 M139.73 M-144.19 MBasic earnings per share (Basic EPS)——————Diluted earnings per share (Diluted EPS)——————Average basic shares outstanding——————Diluted shares outstanding——————EBITDA1.31 B—————EBIT1.3 B—————Cost of revenue28.51 M—————Other cost of goods sold——————Depreciation & amortization (cash flow)10.54 M27.21 M5.72 M10.47 M12.62 M24.6 M
National Rural Utilities Cooperative Finance Corporation 5.500%
The National Rural Utilities Cooperative Finance Corporation is a member-owned nonprofit cooperative that provides financial products to America's rural electric cooperative network. CFC was established in 1969 to raise funds from the capital markets to supplement the loan programs for electric cooperatives offered by the U.S. Department of Agriculture’s Rural Utilities Service, previously Rural Electrification Administration.
While CFC is not a government-sponsored enterprise, it, has forged an effective public-private partnership with RUS. This partnership enables CFC's utility borrowers to access an array of financing options including those provided by the federal government.
Together, CFC and its affiliates, the National Cooperative Services Corporation and the Rural Telephone Finance Cooperative, provide financing to 1,460 member organizations and affiliates in 49 states, the District of Columbia and two territories. Rural electric systems serve 12 percent of all consumers of electricity in the United States and its territories, account for approximately 10 percent of total sales of electricity and own about 5 percent of electric generation capacity.