| Profit Statement | 2014 | 2015 | 2016 | |
| Sales | CZK mil | 89,659 | 84,972 | 91,218 |
| Gross Profit | CZK mil | 449 | 321 | -994 |
| EBITDA | CZK mil | 285 | 141 | -1,399 |
| EBIT | CZK mil | 251 | 137 | -1,403 |
| Financing Cost | CZK mil | 70.3 | 29.1 | -45.4 |
| Pre-Tax Profit | CZK mil | 181 | 108 | -1,358 |
| Net Profit | CZK mil | 190 | 77.3 | -1,383 |
| Dividends | CZK mil | 0 | 0 | ... |
| Balance Sheet | 2014 | 2015 | 2016 | |
| Total Assets | CZK mil | 9,743 | 9,240 | 12,240 |
| Non-Current Assets | CZK mil | 13.2 | 14.7 | 20.9 |
| Current Assets | CZK mil | 9,681 | 9,110 | 12,043 |
| Working Capital | CZK mil | 121 | 330 | 200 |
| Shareholders' Equity | CZK mil | 1,211 | 1,288 | 581 |
| Liabilities | CZK mil | 8,532 | 7,951 | 11,658 |
| Total Debt | CZK mil | 1,169 | 0 | 209 |
| Net Debt | CZK mil | 555 | -519 | -282 |
| Ratios | 2014 | 2015 | 2016 | |
| ROE | % | 17.1 | 6.18 | -148 |
| ROCE | % | 27.6 | 32.3 | -489 |
| Gross Margin | % | 0.501 | 0.378 | -1.09 |
| EBITDA Margin | % | 0.318 | 0.166 | -1.53 |
| EBIT Margin | % | 0.280 | 0.162 | -1.54 |
| Net Margin | % | 0.212 | 0.091 | -1.52 |
| Net Debt/EBITDA | 1.95 | -3.68 | 0.202 | |
| Net Debt/Equity | % | 45.8 | -40.3 | -48.6 |
| Cost of Financing | % | 6.25 | 4.98 | -43.4 |
| Cash Flow | 2014 | 2015 | 2016 | |
| Total Cash From Operations | CZK mil | 527 | 390 | -1,051 |
| Total Cash From Investing | CZK mil | -387 | 538 | 110 |
| Total Cash From Financing | CZK mil | 19.5 | -1,023 | 913 |
| Net Change In Cash | CZK mil | 160 | -94.9 | -27.5 |
| Cash Conversion Cycle | days | 0.477 | 1.41 | 0.839 |
| Cash Earnings | CZK mil | 224 | 81.1 | -1,380 |
| Free Cash Flow | CZK mil | 140 | 928 | -941 |
Get all company financials in excel:
| summary | Unit | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 |
| income statement | ||||||||||
| Sales | CZK mil | ... | 42,517 | 60,179 | 81,503 | 87,685 | 89,659 | |||
| Gross Profit | CZK mil | ... | 217 | -962 | 214 | 666 | 449 | |||
| EBIT | CZK mil | ... | -157 | -978 | 65.0 | 398 | 251 | |||
| Net Profit | CZK mil | ... | -197 | 137 | 58.7 | 373 | 190 | |||
| ROE | % | ... | ... | -52.4 | 20.9 | 10.6 | 48.2 | 17.1 | ||
| EBIT Margin | % | ... | -0.370 | -1.63 | 0.080 | 0.454 | 0.280 | |||
| Net Margin | % | ... | -0.463 | 0.227 | 0.072 | 0.425 | 0.212 | |||
| Employees | ... | 117 | 117 | 98.0 | 95.0 | 97.0 | ||||
| balance sheet | ||||||||||
| Total Assets | CZK mil | ... | 6,277 | 9,316 | 10,437 | 11,636 | 9,743 | |||
| Non-Current Assets | CZK mil | ... | 143 | 111 | 79.8 | 40.7 | 13.2 | |||
| Current Assets | CZK mil | ... | 6,100 | 9,138 | 10,333 | 11,566 | 9,681 | |||
| Shareholders' Equity | CZK mil | ... | 733 | 575 | 537 | 1,009 | 1,211 | |||
| Liabilities | CZK mil | ... | 5,544 | 8,741 | 9,900 | 10,627 | 8,532 | |||
| Non-Current Liabilities | CZK mil | ... | 0 | 0 | 1,433 | 1,015 | 1,026 | |||
| Current Liabilities | CZK mil | ... | 5,057 | 8,562 | 8,263 | 9,506 | 7,413 | |||
| Net Debt/EBITDA | ... | 1.52 | -2.17 | 10.4 | 1.44 | 1.95 | ||||
| Net Debt/Equity | % | ... | -24.9 | 356 | 195 | 62.1 | 45.8 | |||
| Cost of Financing | % | ... | ... | -4.78 | -62.4 | -1.25 | 1.98 | 6.25 | ||
| cash flow | ||||||||||
| Total Cash From Operations | CZK mil | ... | -202 | -1,529 | 560 | 350 | 527 | |||
| Total Cash From Investing | CZK mil | ... | 2.49 | 4.62 | 872 | -25.5 | -387 | |||
| Total Cash From Financing | CZK mil | ... | 623 | 1,378 | -1,382 | -476 | 19.5 | |||
| Net Change In Cash | CZK mil | ... | 423 | -147 | 50.1 | -151 | 160 |
| income statement | Unit | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 |
| income statement | ||||||||||
| Sales | CZK mil | ... | 42,517 | 60,179 | 81,503 | 87,685 | 89,659 | |||
| Cost of Goods & Services | CZK mil | ... | 42,300 | 61,140 | 81,289 | 87,019 | 89,210 | |||
| Gross Profit | CZK mil | ... | 217 | -962 | 214 | 666 | 449 | |||
| Staff Cost | CZK mil | ... | 196 | 213 | 199 | 212 | 217 | |||
| Other Cost | CZK mil | ... | 141 | -232 | -86.1 | 18.8 | -53.4 | |||
| EBITDA | CZK mil | ... | -121 | -942 | 101 | 435 | 285 | |||
| Depreciation | CZK mil | ... | 36.8 | 35.5 | 35.5 | 37.4 | 34.2 | |||
| EBIT | CZK mil | ... | -157 | -978 | 65.0 | 398 | 251 | |||
| Financing Cost | CZK mil | ... | -27.1 | -1,097 | -26.6 | 27.1 | 70.3 | |||
| Extraordinary Cost | CZK mil | ... | 0 | 0 | 0 | 0 | 0 | |||
| Pre-Tax Profit | CZK mil | ... | -130 | 119 | 91.6 | 371 | 181 | |||
| Tax | CZK mil | ... | 66.6 | -17.5 | 33.0 | -1.81 | -9.10 | |||
| Minorities | CZK mil | ... | 0 | 0 | 0 | 0 | 0 | |||
| Net Profit | CZK mil | ... | -197 | 137 | 58.7 | 373 | 190 | |||
| Dividends | CZK mil | 295 | 0 | 0 | 0 | 0 | ... | |||
| growth rates | ||||||||||
| Total Revenue Growth | % | ... | ... | 240 | 41.5 | 35.4 | 7.59 | 2.25 | ||
| Operating Cost Growth | % | ... | ... | -345 | -106 | -691 | 104 | -29.0 | ||
| EBITDA Growth | % | ... | ... | -28.3 | 681 | -111 | 333 | -34.5 | ||
| EBIT Growth | % | ... | ... | -6.48 | 521 | -107 | 512 | -37.0 | ||
| Pre-Tax Profit Growth | % | ... | ... | -29.5 | -192 | -23.3 | 305 | -51.3 | ||
| Net Profit Growth | % | ... | ... | 6.44 | -170 | -57.1 | 535 | -49.1 | ||
| ratios | ||||||||||
| ROE | % | ... | ... | -52.4 | 20.9 | 10.6 | 48.2 | 17.1 | ||
| ROCE | % | ... | ... | -21.6 | 10.3 | 3.84 | 25.2 | 27.6 | ||
| Gross Margin | % | ... | 0.510 | -1.60 | 0.262 | 0.760 | 0.501 | |||
| EBITDA Margin | % | ... | -0.284 | -1.57 | 0.123 | 0.497 | 0.318 | |||
| EBIT Margin | % | ... | -0.370 | -1.63 | 0.080 | 0.454 | 0.280 | |||
| Net Margin | % | ... | -0.463 | 0.227 | 0.072 | 0.425 | 0.212 | |||
| Payout Ratio | % | ... | -150 | 0 | 0 | 0 | 0 | ... | ||
| Cost of Financing | % | ... | ... | -4.78 | -62.4 | -1.25 | 1.98 | 6.25 | ||
| Net Debt/EBITDA | ... | 1.52 | -2.17 | 10.4 | 1.44 | 1.95 |
| balance sheet | Unit | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 |
| balance sheet | ||||||||||
| Non-Current Assets | CZK mil | ... | 143 | 111 | 79.8 | 40.7 | 13.2 | |||
| Property, Plant & Equipment | CZK mil | ... | 21.1 | 17.0 | 12.8 | 4.43 | 5.23 | |||
| Intangible Assets | CZK mil | ... | 122 | 92.0 | 62.9 | 32.2 | 0.891 | |||
| Goodwill | CZK mil | ... | 122 | 0 | 0 | 30.5 | 0 | |||
| Current Assets | CZK mil | ... | 6,100 | 9,138 | 10,333 | 11,566 | 9,681 | |||
| Inventories | CZK mil | ... | 0 | 224 | 86.3 | 59.1 | 22.6 | |||
| Receivables | CZK mil | ... | 3,896 | 5,801 | 6,485 | 4,379 | 867 | |||
| Cash & Cash Equivalents | CZK mil | ... | 1,096 | 555 | 606 | 454 | 614 | |||
| Total Assets | CZK mil | ... | 6,277 | 9,316 | 10,437 | 11,636 | 9,743 | |||
| Shareholders' Equity | CZK mil | ... | 733 | 575 | 537 | 1,009 | 1,211 | |||
| Of Which Minority Interest | CZK mil | ... | 0 | 0 | 0 | 0 | 0 | |||
| Liabilities | CZK mil | ... | 5,544 | 8,741 | 9,900 | 10,627 | 8,532 | |||
| Non-Current Liabilities | CZK mil | ... | 0 | 0 | 1,433 | 1,015 | 1,026 | |||
| Long-Term Debt | CZK mil | ... | 0 | 0 | 1,433 | 1,015 | 1,026 | |||
| Deferred Tax Liabilities | CZK mil | ... | 0 | 0 | 0 | 0 | 0 | |||
| Current Liabilities | CZK mil | ... | 5,057 | 8,562 | 8,263 | 9,506 | 7,413 | |||
| Short-Term Debt | CZK mil | ... | 914 | 2,604 | 221 | 66.0 | 143 | |||
| Trade Payables | CZK mil | ... | 2,711 | 4,798 | 4,934 | 3,240 | 769 | |||
| Provisions | CZK mil | ... | 486 | 179 | 105 | 104 | 79.7 | |||
| Equity And Liabilities | CZK mil | ... | 6,277 | 9,316 | 10,437 | 11,636 | 9,743 | |||
| growth rates | ||||||||||
| Total Asset Growth | % | ... | ... | 14.6 | 48.4 | 12.0 | 11.5 | -16.3 | ||
| Shareholders' Equity Growth | % | ... | ... | 3,961 | -21.5 | -6.70 | 87.9 | 20.1 | ||
| Net Debt Growth | % | ... | ... | 209 | -1,221 | -48.9 | -40.2 | -11.5 | ||
| Total Debt Growth | % | ... | ... | 316 | 185 | -36.5 | -34.6 | 8.13 | ... | |
| ratios | ||||||||||
| Total Debt | CZK mil | ... | 914 | 2,604 | 1,654 | 1,081 | 1,169 | |||
| Net Debt | CZK mil | ... | -183 | 2,049 | 1,048 | 626 | 555 | |||
| Working Capital | CZK mil | ... | 1,185 | 1,228 | 1,638 | 1,198 | 121 | |||
| Capital Employed | CZK mil | ... | 1,328 | 1,339 | 1,718 | 1,239 | 134 | |||
| Net Debt/Equity | % | ... | -24.9 | 356 | 195 | 62.1 | 45.8 | |||
| Cost of Financing | % | ... | ... | -4.78 | -62.4 | -1.25 | 1.98 | 6.25 |
| cash flow | Unit | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 |
| cash flow | ||||||||||
| Net Profit | CZK mil | ... | -197 | 137 | 58.7 | 373 | 190 | |||
| Depreciation | CZK mil | ... | 36.8 | 35.5 | 35.5 | 37.4 | 34.2 | |||
| Non-Cash Items | CZK mil | ... | ... | 645 | -1,659 | 876 | -500 | -774 | ||
| Change in Working Capital | CZK mil | ... | ... | -687 | -42.8 | -410 | 440 | 1,077 | ||
| Total Cash From Operations | CZK mil | ... | -202 | -1,529 | 560 | 350 | 527 | |||
| Capital Expenditures | CZK mil | ... | -15.8 | 3.91 | -2.35 | -1.60 | -6.78 | |||
| Other Investments | CZK mil | ... | 18.3 | 0.706 | 874 | -23.9 | -380 | |||
| Total Cash From Investing | CZK mil | ... | 2.49 | 4.62 | 872 | -25.5 | -387 | |||
| Dividends Paid | CZK mil | ... | -381 | -295 | 0 | 0 | 0 | |||
| Issuance Of Shares | CZK mil | ... | -197 | 137 | 58.7 | 373 | 190 | |||
| Issuance Of Debt | CZK mil | ... | ... | 694 | 1,691 | -951 | -573 | 87.8 | ||
| Total Cash From Financing | CZK mil | ... | 623 | 1,378 | -1,382 | -476 | 19.5 | |||
| Net Change In Cash | CZK mil | ... | 423 | -147 | 50.1 | -151 | 160 | |||
| ratios | ||||||||||
| Days Sales Outstanding | days | ... | 33.4 | 35.2 | 29.0 | 18.2 | 3.53 | |||
| Days Sales Of Inventory | days | ... | 0 | 1.34 | 0.387 | 0.248 | 0.093 | |||
| Days Payable Outstanding | days | ... | 23.4 | 28.6 | 22.2 | 13.6 | 3.14 | |||
| Cash Conversion Cycle | days | ... | 10.1 | 7.88 | 7.28 | 4.89 | 0.477 | |||
| Cash Earnings | CZK mil | ... | -160 | 172 | 94.2 | 410 | 224 | |||
| Free Cash Flow | CZK mil | ... | -199 | -1,525 | 1,432 | 325 | 140 |
| other data | Unit | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 |
| other data | ||||||||||
| ROA | % | ... | -3.35 | 1.76 | 0.594 | 3.38 | 1.77 | |||
| Gross Margin | % | ... | 0.510 | -1.60 | 0.262 | 0.760 | 0.501 | |||
| Cost Per Employee | USD per month | ... | 7,315 | 8,589 | 8,670 | 9,505 | 8,727 | |||
| Cost Per Employee (Local Currency) | CZK per month | ... | 139,792 | 151,903 | 169,582 | 185,970 | 186,511 | |||
| Staff Cost (As % Of Total Cost) | % | ... | 0.460 | 0.349 | 0.245 | 0.243 | 0.243 | |||
| Effective Tax Rate | % | ... | -51.1 | -14.6 | 36.0 | -0.489 | -5.04 | |||
| Sales Of Electricity | CZK mil | ... | 41,570 | 59,413 | 80,928 | 87,724 | 88,804 | |||
| Capital Expenditures (As % of Sales) | % | ... | 0.037 | -0.006 | 0.003 | 0.002 | 0.008 |
Get all company financials in excel:
Alpiq Energy SE is one of the largest international electricity trading companies in the Czech Republic. The Company is active in wholesale and retail markets in the Czech Republic as well as in other countries in CEE. Besides electricity trading, the Company is also active in energy sales and operates its own power plants in Kladno and Zlín in the Czech Republic. Alpiq Energy SE is a part of Alpiq Group, which is an electric power production and distribution utility with headquarters in Neuchâtel, Switzerland. It operates mainly in Switzerland, but it also has power stations in Italy, France, Norway and Hungary. The group was established in 2009 in Neuchâtel, Switzerland after the merger of two Swiss energy companies Aare-Tessin Ltd. for Electricity (Atel) and Energie Ouest Suisse (EOS).
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