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NET4GAS

NET4GAS's Cash & Cash Equivalents rose 60.5% yoy to CZK 1,593 mil in 2014

By Helgi Library - April 2, 2020

NET4GAS's total assets reached CZK 52,608 mil at the end of 2014, down 8.67% compared to the previous year. Curren...

Profit Statement
Balance Sheet
Ratios
Cash Flow

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NET4GAS, s.r.o. is a Czech Republic-based natural gas transmission system operator. The Company engages in the international transit of natural gas; national transmission of natural gas to its partners; and operation of a transmission system and the provision of associated commercial and technical services. It also provides repair, maintenance, and dispatching services for gas infrastructure operators, as well as diagnostics services. It owns and operates approximately 3,800 kilometers of gas pipelines. The company was formerly known as RWE Transgas Net, s.r.o. and changed its name to NET4GAS, s.r.o. in March 2010. The company was incorporated in 2005 and is headquartered in Prague, the Czech Republic.

Finance

NET4GAS has been growing its sales by a year on average in the last 5 years. EBITDA has fallen on average by 4.42% a year during that time to total of CZK 6,300 mil in 2014, or 71.0% of sales. That’s compared to 78.3% average margin seen in last five years.

The company netted CZK 2,966 mil in 2014 implying ROE of 13.2% and ROCE of 6.06%. Again, the average figures were 11.7% and 9.16%, respectively when looking at the previous 5 years.

NET4GAS’s net debt amounted to CZK 38,053 mil at the end of 2014, or 7.48 of equity. When compared to EBITDA, net debt was 6.04x, up when compared to average of 2.06x seen in the last 5 years.