Doyoumoney

	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15	Dec-14	Dec-13	Dec-12	Dec-11	Dec-10	Dec-09	Dec-08	Dec-07	Dec-06
Total cash and short-term investments +	9.90	12.51	12.37	13.08	18.73	14.63	9.46	9.74	9.24	10.42	10.27	10.59	10.14	10.27	9.73	7.86	6.91	4.91	3.97	4.12
Cash and cash equivalents	0.80	3.37	2.68	0.84	4.28	2.18	0.89	1.20	0.47	0.77	0.49	1.07	1.23	0.75	0.51	0.45	0.44	1.13	0.67	0.63
Short-term investments	9.10	9.14	9.68	12.24	14.45	12.45	8.57	8.54	8.77	9.65	9.78	9.52	8.92	9.52	9.22	7.41	6.47	3.78	3.30	3.50
Inventories				0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.01	0.02	0.05	0.08	0.36	0.37	0.25	0.28
Other current assets			3.17	1.86	6.03	3.18	1.79	6.59	6.26	5.02	3.99	3.25	3.39	1.73	10.29	10.12	10.66	12.07	11.68	10.60
Total current assets	9.90	12.51	12.37	13.08	18.73	14.63	9.46	16.33	15.50	15.43	14.25	13.84	10.14	10.27	9.73	0.45	0.44	1.13	0.67	0.63
Total non-current assets +	0.65	19.49	19.33	13.05	15.24	13.17	9.26	9.14	9.33	10.21	10.35	10.15	12.93	11.89	10.92	18.05	17.68	16.40	15.53	14.60
Property, plant and equipment, net				0.42	0.39	0.37	0.37	0.33	0.34	0.34	0.35	0.36	0.35	0.36	0.36	0.38	0.40	0.41	0.41	0.39
Goodwill	0.15	0.15	0.15	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.13	0.13	0.13	0.13	0.13	0.12	0.10
Intangible assets	0.01	0.01	0.01	0.02	0.02	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.02	0.02	0.02
Long-term investments	9.38	9.42	9.90	12.52	14.70	28.64	23.19	22.57	13.86	13.29	12.30	11.33	10.82	9.70		9.29
Other non-current assets
Total assets	32.92	32.00	31.70	31.88	36.69	32.92	26.07	25.46	24.83	25.64	24.60	23.99	23.07	22.16	20.65	18.50	18.12	17.53	16.20	15.23

Total current liabilities +		28.22	28.27	12.91	14.80	12.60	8.75	8.94	8.67	9.25	22.14	21.56	20.39	19.43	18.06	16.07	15.31	13.92	13.79	13.54
Accounts payable				26.19	29.81	26.95	20.52	20.32	20.43	21.10	19.98	19.48	19.05	18.35	16.80	15.09	14.21	12.89	12.55	11.74
Short-term debt	2.99	2.93	2.91	2.85	3.03	2.10	1.86	1.96	1.51	1.82	2.08	1.98	1.35	1.08	1.26	0.98	1.10	1.03	1.24	1.79
Current portion of long-term debt									0.00	0.10	2.08	1.98
Deferred revenue
Other current liabilities	-2.99	25.29	25.36	10.07	11.77	10.50	6.89	6.98	7.16	7.43	19.98	19.48	19.05	18.35	16.80	15.09	14.21	12.89	12.55	11.74
Total non-current liabilities +	0.01	0.44	0.46	29.39	0.01	0.00	0.00	0.01	0.00	0.10	0.10	0.10	0.46	0.56	0.42	0.41	0.92	2.03	0.89	0.25
Long-term debt	0.01	0.00	0.00	0.01	0.01	0.00	0.00	0.01	0.00	0.10	0.10	0.10	0.11	0.50	0.51	0.56	0.31	1.15	1.07	0.53
Capital lease obligations
Other non-current liabilities				3.20	3.42	2.58	2.40	2.19	1.69	1.94	2.15	2.08	1.81	1.64		1.39
Total liabilities	29.10	28.66	28.74	29.39	0.01	0.00	0.00	22.53	22.12	23.14	22.24	21.66	20.86	19.99	18.48	16.48	16.23	15.96	14.68	13.79

Total stockholders' equity +	3.79	3.31	2.94	2.48	36.68	32.92	26.06	2.94	2.72	2.50	2.37	2.33	2.21	2.17	2.17	2.02	1.88	1.58	1.53	1.44
Common stock and paid-in capital	3.66	3.26	2.89	2.45	36.58	32.85	25.86	2.70	2.50	2.21	1.98	1.91	1.76	1.69	1.59	1.47	1.32	0.94	0.86	0.76
Retained earnings	0.13	0.05	0.05	0.03	0.09	0.07	0.20	0.24	0.22	0.29	0.38	0.43	0.45	0.48	0.58	0.56	0.57	0.63	0.67	0.68
Common shares outstanding	139	134	137	132	134	135	139	136	137	136	140	145	163	166	171	174	170	166	168	171

Show Quarterly Balance Sheet

	Mar-26	Dec-25	Sep-25	Jun-25	Mar-25	Dec-24	Sep-24	Jun-24	Mar-24	Dec-23	Sep-23	Jun-23	Mar-23	Dec-22	Sep-22	Jun-22	Mar-22	Dec-21	Sep-21	Jun-21	Mar-21	Dec-20	Sep-20	Jun-20	Mar-20	Dec-19	Sep-19	Jun-19	Mar-19	Dec-18	Sep-18	Jun-18	Mar-18	Dec-17	Sep-17	Jun-17	Mar-17	Dec-16	Sep-16	Jun-16	Mar-16	Dec-15	Sep-15	Jun-15	Mar-15	Dec-14	Sep-14	Jun-14	Mar-14	Dec-13	Sep-13	Jun-13	Mar-13	Dec-12	Sep-12	Jun-12	Mar-12	Dec-11	Sep-11	Jun-11	Mar-11	Dec-10	Sep-10	Jun-10	Mar-10	Dec-09	Sep-09	Jun-09	Mar-09	Dec-08	Sep-08	Jun-08	Mar-08	Dec-07	Sep-07	Jun-07	Mar-07	Dec-06	Sep-06	Jun-06	Mar-06
Total cash and short-term investments +	9.22	9.90	5.25	12.06	6.24	12.51	12.32	11.08	11.04	12.37	12.07	13.35	12.92	13.08	13.62	14.74	16.37	18.73	16.40	15.81	14.88	14.63	13.07	12.11	9.55	9.46	9.52	9.63	9.22	9.74	9.45	8.91	8.99	9.24	9.68	9.95	10.21	10.42	9.89	9.83	10.10	10.27	9.90	9.90	10.46	10.59	9.56	9.82	9.84	10.14	9.44	9.33	10.19	10.27	9.71	9.84	9.67	9.73	9.96	8.74	8.19	7.86	7.71	7.42	6.76	6.91	6.68	5.69	5.67	4.91	4.32	4.40	4.23	3.97	4.07	3.74	3.85	4.12	4.11	4.10	4.00
Cash and cash equivalents	0.57	0.80	2.95	3.15	3.27	3.37	3.15	2.54	1.90	2.68	2.21	2.94	1.69	0.84	0.99	1.04	1.59	4.28	2.23	2.52	2.36	2.18	1.53	1.80	0.88	0.89	0.86	0.95	0.59	1.20	0.78	0.50	0.56	0.47	0.57	0.51	0.54	0.77	0.45	0.61	0.55	0.49	0.43	0.67	0.54	1.07	0.68	0.54	0.73	1.23	0.86	0.41	0.61	0.75	0.56	0.50	0.39	0.51	0.56	0.88	0.57	0.45	0.42	0.64	0.35	0.44	0.46	0.38	0.97	1.13	0.50	0.62	0.68	0.67	0.54	0.50	0.52	0.63	0.48	0.66	0.48
Short-term investments	8.65	9.10	2.30	8.92	2.96	9.14	9.17	8.53	9.14	9.68	9.86	10.41	11.23	12.24	12.63	13.70	14.78	14.45	14.17	13.29	12.53	12.45	11.54	10.32	8.68	8.57	8.66	8.68	8.63	8.54	8.67	8.41	8.43	8.77	9.11	9.44	9.67	9.65	9.44	9.22	9.55	9.78	9.47	9.22	9.92	9.52	8.88	9.28	9.12	8.92	8.58	8.93	9.57	9.52	9.15	9.34	9.28	9.22	9.40	7.86	7.62	7.41	7.30	6.77	6.41	6.47	6.22	5.31	4.71	3.78	3.83	3.78	3.55	3.30	3.52	3.24	3.33	3.50	3.63	3.44	3.51
Inventories													0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.02	0.02	0.02	0.02	0.02	0.01	0.01	0.03	0.06	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.02	0.02	0.02	0.03	0.03	0.03	0.05	0.06	0.07	0.08	0.08	0.26	0.50	0.56	0.36	0.33	0.40	0.51	0.37	0.40	0.34	0.34	0.25	0.32	0.26	0.36	0.28	0.30	0.27	0.34
Other current assets							3.67	3.16	2.28	3.17	2.80	3.89	2.68	1.86	2.41	-0.43	3.54	2.76	3.17	4.01	5.15	5.17	6.17	7.40	7.86	7.39	7.00	6.78	6.51	6.59	6.30	6.57	6.52	6.26	5.59	5.08	4.83	5.02	4.78	5.03	4.22	3.99	3.97	3.96	3.05	3.25	3.64	3.30	3.24	3.39	3.80	3.04	1.84	1.73	10.69	10.42	10.37	10.29	10.18	10.33	10.32	10.12	10.52	10.43	10.74	10.66	10.73	11.48	11.72	12.07	12.08	12.06	11.98	11.68	11.41	11.25	10.84	10.60	10.54	9.76	9.32
Total current assets	9.22	9.90	5.25	12.06	6.24	12.51	12.32	11.08	11.04	12.37	12.07	13.35	12.92	13.08	13.62	14.31	16.37	21.49	19.57	19.83	14.88	19.80	19.24	12.11	9.55	9.46	9.52	9.63	9.22	9.74	15.76	15.49	15.51	15.50	15.26	15.03	15.03	15.43	14.67	14.86	14.32	14.25	9.90	9.90	10.46	13.84	9.56	9.82	9.84	10.14	9.44	9.33	10.19	10.27	0.56	0.50	0.39	9.73	0.56	0.88	0.57	0.45	0.42	0.64	0.35	0.44	0.46	0.38	0.97	1.13	0.50	0.62	0.68	0.67	0.54	0.50	0.52	0.63	0.48	0.66	0.48
Total non-current assets +	0.93	0.65	27.04	20.22	26.13	19.49	19.18	19.49	19.33	19.33	19.31	11.33	12.13	13.05	13.47	14.50	15.57	15.20	14.93	14.03	18.39	13.12	12.22	18.38	17.24	16.61	16.36	16.14	15.81	15.73	9.31	9.04	9.10	9.33	9.71	10.04	10.27	10.21	10.06	9.85	10.19	10.35	14.07	13.81	13.59	10.15	13.14	13.19	12.99	12.93	13.01	12.58	12.04	11.89	20.32	20.24	20.13	10.92	20.08	18.69	18.45	18.05	18.34	17.74	17.68	17.68	17.49	17.34	16.98	16.40	16.46	16.40	16.08	15.53	15.48	15.02	14.68	14.60	14.67	13.61	13.25
Property, plant and equipment, net											0.46	0.45	0.43	0.42	0.41	0.40	0.39	0.39	0.38	0.37	0.37	0.37	0.38	0.37	0.37	0.37	0.37	0.36	0.36	0.33	0.33	0.33	0.33	0.34	0.34	0.33	0.34	0.34	0.34	0.34	0.35	0.35	0.35	0.35	0.36	0.36	0.36	0.35	0.34	0.35	0.35	0.35	0.36	0.36	0.35	0.35	0.35	0.36	0.37	0.37	0.38	0.38	0.39	0.39	0.40	0.40	0.40	0.41	0.41	0.41	0.41	0.41	0.41	0.41	0.40	0.40	0.39	0.39	0.39	0.37	0.37
Goodwill	0.25	0.15	0.15	0.15	0.15	0.15	0.15	0.15	0.15	0.15	0.15	0.15	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.14	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.12	0.13	0.11	0.10	0.10	0.10	0.05	0.05
Intangible assets	0.15	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.02	0.02	0.02	0.02	0.02	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.00	0.00	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.01	0.05	0.05
Long-term investments	2.28	9.38	2.59	2.29	3.26	9.42	9.44	8.87	9.39	9.90	10.14	10.71	11.55	12.52	28.44	13.95	15.02	14.70	14.40	13.51	12.72	28.64	27.79	26.51	23.61	23.19	23.02	22.84	22.64	22.57	22.51	22.26	22.21	13.86	13.63	13.51	13.45	13.29	13.11	13.00	12.63	12.30	12.09	11.80	11.59	11.33	11.30	11.31	11.08	10.82	10.68	10.23	9.85	9.70					8.93	9.12	9.25	9.29
Other non-current assets
Total assets	35.72	32.92	32.29	32.28	32.36	32.00	31.49	30.57	30.37	31.70	31.38	32.83	32.00	31.88	32.60	33.44	34.99	36.69	34.50	33.86	33.27	32.92	31.45	30.50	26.79	26.07	25.88	25.77	25.03	25.46	25.06	24.52	24.61	24.83	24.98	25.08	25.31	25.64	24.73	24.71	24.51	24.60	23.97	23.71	24.05	23.99	22.70	23.03	22.84	23.07	22.45	21.91	22.23	22.16	20.88	20.74	20.53	20.65	20.64	19.57	19.02	18.50	18.75	18.38	18.04	18.12	17.95	17.72	17.95	17.53	16.95	17.02	16.77	16.20	16.02	15.52	15.19	15.23	15.15	14.27	13.73

Total current liabilities +	2.58		27.93	28.09	28.24	28.22	27.42	26.83	26.95	28.27	27.84	17.87	17.93	12.91	16.02	13.34	13.75	14.80	13.88	13.40	29.36	12.48	0.00	26.27	22.20	22.37	21.95	22.22	21.70	22.28	22.26	21.75	21.90	22.12	22.18	22.35	22.65	23.04	22.08	22.08	21.96	22.14	21.18	20.95	21.19	21.56	19.98	20.09	20.16	20.39	19.98	19.52	19.64	19.43	18.11	18.14	17.89	18.06	17.07	16.94	16.46	16.07	15.92	15.49	15.00	15.31	14.97	14.88	14.96	13.92	13.87	14.15	14.05	13.79	14.01	13.56	13.57	13.54	13.33	12.63	12.06
Accounts payable											25.09	25.87	24.68	26.19	27.47	28.17	29.32	29.81	28.15	27.49	27.42	26.95	25.70	24.53	20.78	20.52	20.31	19.83	19.97	20.32	20.13	20.32	20.54	20.43	20.44	20.83	21.09	21.10	20.17	20.15	20.69	19.98	18.99	19.29	19.58	19.48	18.59	18.94	19.24	19.05	18.22	17.90	18.51	18.35	16.85	16.83	16.77	16.80	16.01	15.66	15.54	15.09	14.39	14.49	14.00	14.21	13.84	13.71	13.96	12.89	12.31	12.54	12.59	12.55	11.95	12.06	11.93	11.74	11.56	11.04	11.15
Short-term debt	2.58	2.99	2.47	2.60	2.40	2.93	2.18	2.55	2.51	2.91	2.75	2.88	2.78	2.85	2.31	2.23	2.32	3.03	2.25	2.32	1.94	0.02	0.00	1.74	1.43	1.85	1.64	2.39	1.72	1.96	1.86	1.20	1.16	0.00	1.52	1.36	1.42	0.10	1.59	1.74	1.06	2.08	2.19	1.67	1.61	1.98	1.40	1.15	0.93	1.35	1.76	1.62	1.13	1.08	1.26	1.31	1.12	1.26	1.06	1.28	0.92	0.98	1.53	1.01	1.00	1.10	1.13	1.17	1.00	1.03	1.56	1.61	1.46	1.24	2.06	1.49	1.63	1.79	1.77	1.59	0.90
Current portion of long-term debt																															1.86	1.20	1.16	0.00	1.52	1.36	1.42	0.10	1.59	1.74	1.06	2.08				1.98
Deferred revenue
Other current liabilities		-2.99	25.46	25.49	25.84	25.29	25.24	24.28	24.44	25.36	25.09	14.99	15.15	10.07	13.70	11.10	11.43	11.77	11.62	11.09	27.42	12.48	0.00	24.53	20.78	20.52	20.31	19.83	19.97	20.32	20.13	20.32	20.54	20.43	20.44	20.83	21.09	21.10	20.17	20.15	20.69	19.98	18.99	19.29	19.58	19.48	18.59	18.94	19.24	19.05	18.22	17.90	18.51	18.35	16.85	16.83	16.77	16.80	16.01	15.66	15.54	15.09	14.39	14.49	14.00	14.21	13.84	13.71	13.96	12.89	12.31	12.54	12.59	12.55	11.95	12.06	11.93	11.74	11.56	11.04	11.15
Total non-current liabilities +	28.81	0.01	0.56	0.53	0.62	0.44	0.62	0.58	0.46	0.46	0.94	1.01	1.51	29.39	30.23	0.01	0.01	0.01	0.00	0.00	0.59	0.00	0.00	0.87	1.34	0.56	0.82	0.38	0.29	0.25	0.00	0.01	0.01	0.00	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.42	0.44	0.46	0.10	0.43	0.65	0.40	0.46	0.29	0.29	0.41	0.56	0.46	0.37	0.43	0.42	1.44	0.50	0.48	0.41	0.78	0.90	1.11	0.92	1.13	1.14	1.38	2.03	1.48	1.26	1.14	0.89	0.52	0.51	0.18	0.25	0.36	0.31	0.36
Long-term debt	0.01	0.01	0.01	0.02	0.02	0.00	0.01	0.00	0.00	0.00	0.50	1.01	1.51	0.01	0.00	0.01	0.01	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.76	0.00	0.26	0.00	0.00	0.01	0.00	0.01	0.01	0.00	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.11	0.11	0.11	0.46	0.11	0.10	0.10	0.50	0.10	0.11	0.11	0.51	0.11	0.11	0.11	0.56	0.34	0.36	0.73	0.74	0.82	0.85	0.85	1.45	1.25	1.08	0.78	1.08	0.35	0.35	0.04	0.55	0.17	0.14	0.26
Capital lease obligations
Other non-current liabilities												3.27	3.13	3.20	2.76	2.58	2.68	3.42	2.86	2.87	2.53	2.58	2.44	2.61	2.01	2.40	2.20	2.77	2.01	2.19	2.12	1.42	1.36	1.69	1.73	1.52	1.55	1.94	1.91	1.93	1.27	2.15	2.51	2.00	1.96	2.08	1.72	1.70	1.22	1.81	1.95	1.80	1.43	1.64					2.49	1.78	1.41	1.39
Total liabilities	31.39	29.10	28.50	28.62	28.87	28.66	28.04	27.41	27.41	28.74	28.78	1.01	1.51	29.39	30.23	30.76	32.01	33.24	31.01	30.36	29.95	29.52	28.15	27.14	23.54	22.93	22.77	22.60	21.99	22.53	22.25	21.75	21.91	22.12	22.27	22.45	22.74	23.14	22.17	22.18	22.06	22.24	21.60	21.39	21.64	21.66	20.41	20.77	20.56	20.86	20.27	19.80	20.05	19.99	18.57	18.51	18.33	18.48	18.51	17.44	16.95	16.48	16.71	16.39	16.11	16.23	16.10	16.02	16.34	15.96	15.35	15.41	15.19	14.68	14.53	14.06	13.75	13.79	13.69	12.94	12.41

Total stockholders' equity +	4.30	3.79	3.77	3.64	3.48	3.31	3.43	3.14	2.94	2.94	2.58	2.67	2.67	2.47	2.35	2.66	2.96	3.44	3.48	3.49	3.31	3.40	3.31	3.36	3.25	3.13	3.10	3.17	3.04	2.93	2.80	2.77	2.70	2.72	2.70	2.62	2.56	2.50	2.56	2.52	2.44	2.36	2.37	2.31	2.40	2.33	2.29	2.26	2.27	2.21	2.18	2.10	2.18	2.17	2.30	2.23	2.20	2.17	2.13	2.13	2.07	2.02	2.05	1.99	1.93	1.88	1.85	1.70	1.61	1.58	1.60	1.61	1.58	1.53	1.49	1.46	1.45	1.44	1.46	1.33	1.32
Common stock and paid-in capital	4.07	3.66	3.41	3.38	3.34	3.26	3.09	2.90	2.81	2.89	2.28	2.46	2.55	2.43	2.00	2.40	2.78	3.34	3.08	3.18	3.14	3.32	2.98	3.13	3.03	2.93	2.64	2.78	2.73	2.69	2.31	2.36	2.38	2.50	2.26	2.23	2.22	2.20	2.04	2.05	2.02	1.98	1.81	1.80	1.94	1.90	1.70	1.72	1.78	1.76	1.57	1.54	1.66	1.69	1.59	1.56	1.57	1.59	1.44	1.48	1.47	1.47	1.38	1.35	1.33	1.32	1.15	1.03	0.96	0.94	0.84	0.85	0.86	0.86	0.70	0.70	0.73	0.76	0.65	0.56	0.59
Retained earnings	0.23	0.13	0.36	0.26	0.14	0.05	0.34	0.24	0.13	0.05	0.30	0.21	0.12	0.03	0.35	0.26	0.18	0.09	0.40	0.30	0.17	0.07	0.33	0.23	0.22	0.20	0.46	0.38	0.31	0.24	0.49	0.41	0.33	0.22	0.44	0.39	0.34	0.29	0.52	0.47	0.42	0.38	0.56	0.51	0.46	0.43	0.58	0.54	0.49	0.45	0.61	0.56	0.52	0.48	0.72	0.67	0.62	0.58	0.69	0.65	0.60	0.56	0.67	0.63	0.59	0.57	0.70	0.66	0.65	0.63	0.76	0.75	0.72	0.67	0.79	0.76	0.72	0.68	0.81	0.77	0.73
Common shares outstanding	146	138	132	133	134	134	134	135	136	137	138	130	130	131	125	126	126	128	128	128	142	129	128	142	144	143	146	148	150	150	137	135	137	137	136	137	136	137	135	136	137	137	152	157	157	144	158	163	164	163	163	164	162	164	164	165	167	144	170	172	172	148	173	173	173	150	171	168	166	143	166	164	166	142	166	169	170	145	170	171	172

Balance Sheet - COMMERCE BANCSHARES INC /MO/ (CBSH)

Balance Sheet - COMMERCE BANCSHARES INC /MO/ (CBSH)