Financial Results FY19
P&L (million €)
Net Revenues
OPEX
EBITDA
Amortization
Impairment and disposals
EBIT
Financial results
Net Income from investing in other entities
PBT
Taxes
Minorities
Net Profit
P&L by division (million €)
Net Revenues Audiovisual
Net Revenues Radio
Eliminations
Total Net Revenues
OPEX Audiovisual
OPEX Radio
Eliminations
Total OPEX
EBITDA Audiovisual
EBITDA Radio
Total EBITDA
EBITDA Mg Audiovisual (%)
EBITDA Mg Radio (%)
Total EBITDA Mg (%)
KPI's
TV
Market share (%) - Infoadex
Audience Share (%) - Kantar Media
- Antena 3
- laSexta
- Neox
- Nova
- Mega
- Atreseries
Power Ratio (x)
Radio
No. Listeners (thousands) - EGM
Digital
Unique Users (mill) - Comscore (end of period: december)
Financial and market data
Net Financial Debt (mill €)
No. Of outstanding shares
Price / Share end of period (€)
Market Cap end of period (mill €)
FY19 | FY18 | %var |
1,039.4 | 1,042.3 | -0.3% |
855.5 | 855.2 | 0.0% |
183.9 | 187.1 | -1.7% |
19.6 | 18.6 | 5.6% |
0.0 | 0.0 | n.a |
164.4 | 168.6 | -2.5% |
-6.8 | -6.5 | -3.8% |
-0.8 | -5.5 | n.a |
156.8 | 156.5 | 0.2% |
38.8 | 68.3 | -43.2% |
0.1 | 0.0 | n.a |
118.0 | 88.2 | 33.8% |
FY19 | FY18 | %var |
965.1 | 969.2 | -0.4% |
83.1 | 82.5 | 0.7% |
-8.8 | -9.4 | |
1,039.4 | 1,042.3 | -0.3% |
798.4 | 798.6 | 0.0% |
65.9 | 66.0 | -0.2% |
-8.8 | -9.4 | |
855.5 | 855.2 | 0.0% |
166.7 | 170.6 | -2.3% |
17.2 | 16.5 | 4.5% |
183.9 | 187.1 | -1.7% |
17.3% | 17.6% |
20.7%20.0%
17.7%18.0%
FY19 | FY18 | var |
40.7% | 40.5% | 0.2 |
26.2% | 26.8% | -0.6 |
11.7% | 12.3% | -0.6 |
7.0% | 6.9% | 0.1 |
2.4% | 2.4% | 0.0 |
2.2% | 2.4% | -0.2 |
1.5% | 1.6% | -0.1 |
1.4% | 1.2% | 0.2 |
1.551.51
3,445 | 3,664 | |
26.0 | 21.3 | |
FY19 | FY18 | %var |
193.0 | 230.9 | -16.4% |
225,732,800 | 225,732,800 | 0.0% |
3.48 | 4.36 | -20.1% |
786 | 984 | -20.1% |
Balance Sheet (million €)
FY19 | FY18 | |
Goodwill | 163.2 | 163.2 |
Other intangible assets | 120.0 | 147.3 |
Property pland and equipment | 98.2 | 81.2 |
Deferred tax assets | 201.5 | 216.7 |
Non current assets | 582.9 | 608.5 |
Programming rights and inventories | 321.1 | 352.4 |
Trade and other receivables | 245.1 | 275.1 |
Other current assets | 28.6 | 31.4 |
Current tax assets | 18.9 | 5.6 |
Cash and cash equivalents | 85.8 | 85.6 |
Current assets | 699.5 | 750.2 |
TOTAL ASSETS | 1,282.4 | 1,358.6 |
Equity | 438.2 | 420.5 |
Debentures and notes | 178.0 | 170.8 |
Debt to financial institutions | 103.5 | 137.9 |
Other non-current liabilities | 44.3 | 5.8 |
Deferred tax liabilities | 32.2 | 30.3 |
Non current liabilities | 358.0 | 344.7 |
Debentures and notes | 4.0 | 3.9 |
Debt to financial institutions | 8.7 | 12.0 |
Trade and otther creditors | 381.8 | 430.9 |
Other current liabiliites | 91.8 | 146.5 |
Current liabilities | 486.3 | 593.4 |
TOTAL LIABILTIES | 1,282.4 | 1,358.6 |
Cash Flow (million €) | ||
FY19 | FY18 | |
PBT | 156.8 | 156.5 |
Adjustments | 25.5 | 27.6 |
Change in working capital | 29.4 | 6.3 |
Income tax (paid)/refunded | -27.3 | -19.0 |
Net Cash Flows from operating activities | 184.3 | 171.4 |
Investments | -46.7 | -67.6 |
Divestitures | 9.8 | 23.5 |
Net Cash Flows from investing activities | -36.9 | -44.2 |
Lease payments | -1.5 | 0.0 |
Financial results collected (paid) | -6.8 | -4.3 |
Dividens paid | -101.3 | -112.5 |
Financing of associates and related parties | -0.2 | -1.8 |
Financial Debt | -37.7 | 52.0 |
Net Cash Flows from financing activities | -147.5 | -66.7 |
Net increase / decrease in cash | -0.1 | 60.6 |
Cash and cash equivalents, beginning of the period | 85.6 | 25.0 |
Changes in the scope of consolidation | 0.3 | 0.0 |
Cash and cash equivalents, beginning of the period | 85.9 | 25.0 |
Cash and cash equivalents, end of the period | 85.8 | 85.6 |