Lidl Czech Republic

Profit Statement 2014 2015 2016
Sales CZK mil 33,659 38,352 43,748
Gross Profit CZK mil 5,597 7,105 7,738
EBITDA CZK mil 3,682 5,188 5,186
EBIT CZK mil 2,854 4,220 4,251
Financing Cost CZK mil 254 187 157
Pre-Tax Profit CZK mil 2,600 4,033 4,104
Net Profit CZK mil 2,600 4,033 4,104
Dividends CZK mil 2,600 4,033 ...
Balance Sheet 2014 2015 2016
Total Assets CZK mil 19,537 21,117 23,781
Non-Current Assets CZK mil 15,318 15,596 17,569
Current Assets CZK mil 4,208 5,510 6,159
Working Capital CZK mil -1,008 -1,524 -205
Shareholders' Equity CZK mil 7,817 7,817 7,816
Liabilities CZK mil 11,721 13,301 15,966
Total Debt CZK mil 6,738 8,282 9,987
Net Debt CZK mil 4,643 4,940 8,051
Ratios 2014 2015 2016
ROE % 34.0 51.6 52.5
ROCE % 18.8 28.4 26.1
Gross Margin % 16.6 18.5 17.7
EBITDA Margin % 10.9 13.5 11.9
EBIT Margin % 8.48 11.0 9.72
Net Margin % 7.72 10.5 9.38
Net Debt/EBITDA 1.26 0.952 1.55
Net Debt/Equity % 59.4 63.2 103
Cost of Financing % 3.53 2.50 1.72
Cash Flow 2014 2015 2016
Total Cash From Operations CZK mil 3,499 5,508 4,833
Total Cash From Investing CZK mil -577 -1,070 -3,857
Total Cash From Financing CZK mil -2,369 -3,190 -2,383
Net Change In Cash CZK mil 554 1,248 -1,406
Cash Conversion Cycle days -13.6 -18.3 -4.67
Cash Earnings CZK mil 3,428 5,000 5,039
Free Cash Flow CZK mil 2,923 4,437 976

Get all company financials in excel:

Download Sample   $19.99

summary Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
income statement                                
Sales CZK mil ... ...               21,454 23,449 24,724 29,113 33,659    
Gross Profit CZK mil ... ...               3,072 3,558 4,155 4,477 5,597    
EBIT CZK mil ... ...               931 1,278 1,650 1,905 2,854    
Net Profit CZK mil ... ...               363 1,194 1,528 1,728 2,600    
ROE % ... ...               3.76 12.5 17.2 21.8 34.0    
EBIT Margin % ... ...               4.34 5.45 6.67 6.54 8.48    
Net Margin % ... ...               1.69 5.09 6.18 5.94 7.72    
Employees                   3,148 3,439 3,850 4,343 4,717    
balance sheet                                
Total Assets CZK mil                   20,444 19,308 19,002 19,175 19,537    
Non-Current Assets CZK mil                   15,213 15,033 14,649 14,493 15,318    
Current Assets CZK mil                   5,196 4,255 4,334 4,670 4,208    
Shareholders' Equity CZK mil                   9,642 9,398 8,360 7,481 7,817    
Liabilities CZK mil                   10,802 9,910 10,642 11,694 11,721    
Non-Current Liabilities CZK mil                   16.9 19.5 19.6 29.5 33.0    
Current Liabilities CZK mil                   2,911 2,873 3,872 5,709 5,709    
Net Debt/EBITDA ... ...               3.93 2.70 1.77 2.33 1.26    
Net Debt/Equity %                   66.8 57.3 50.5 81.7 59.4    
Cost of Financing % ... ...               7.29 1.14 1.75 2.42 3.53    
cash flow                                
Total Cash From Operations CZK mil                   750 1,818 2,897 2,521 3,499    
Total Cash From Investing CZK mil                   -521 -522 -339 -1,648 -577    
Total Cash From Financing CZK mil                   -8.81 -1,104 -1,320 -2,111 -2,369    
Net Change In Cash CZK mil                   221 192 1,239 -1,237 554    
income statement Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
income statement                                
Sales CZK mil ... ...               21,454 23,449 24,724 29,113 33,659    
Cost of Goods & Services CZK mil ... ...               18,382 19,890 20,569 24,636 28,061    
Gross Profit CZK mil ... ...               3,072 3,558 4,155 4,477 5,597    
Staff Cost CZK mil ... ...               1,504 1,698 1,712 1,870 2,033    
Other Cost CZK mil ... ...               -68.5 -133 58.5 -20.1 -118    
EBITDA CZK mil ... ...               1,637 1,993 2,385 2,628 3,682    
Depreciation CZK mil ... ...               706 715 735 723 828    
EBIT CZK mil ... ...               931 1,278 1,650 1,905 2,854    
Financing Cost CZK mil ... ...               568 83.7 121 177 254    
Extraordinary Cost CZK mil ... ...               0 0 0 0 0    
Pre-Tax Profit CZK mil ... ...               363 1,194 1,528 1,728 2,600    
Tax CZK mil ... ...               0 0 0 0 0    
Minorities CZK mil ... ...               0 0 0 0 0    
Net Profit CZK mil ... ...               363 1,194 1,528 1,728 2,600    
Dividends CZK mil ... ... ... ... ... ... ... ... ... ... ... ... ... 2,600   ...
growth rates                                
Total Revenue Growth % ... ... ...             10.9 9.30 5.44 17.8 15.6    
Operating Cost Growth % ... ... ...             13.4 9.06 13.1 4.48 3.54    
EBITDA Growth % ... ... ...             47.3 21.7 19.7 10.2 40.1    
EBIT Growth % ... ... ...             119 37.3 29.1 15.5 49.8    
Pre-Tax Profit Growth % ... ... ...             994 229 28.0 13.1 50.5    
Net Profit Growth % ... ... ...             994 229 28.0 13.1 50.5    
ratios                                
ROE % ... ...               3.76 12.5 17.2 21.8 34.0    
ROCE % ... ...               2.48 8.20 11.0 12.9 18.8    
Gross Margin % ... ...               14.3 15.2 16.8 15.4 16.6    
EBITDA Margin % ... ...               7.63 8.50 9.64 9.03 10.9    
EBIT Margin % ... ...               4.34 5.45 6.67 6.54 8.48    
Net Margin % ... ...               1.69 5.09 6.18 5.94 7.72    
Payout Ratio % ... ... ... ... ... ... ... ... ... ... ... ... ... 100   ...
Cost of Financing % ... ...               7.29 1.14 1.75 2.42 3.53    
Net Debt/EBITDA ... ...               3.93 2.70 1.77 2.33 1.26    
balance sheet Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
balance sheet                                
Non-Current Assets CZK mil                   15,213 15,033 14,649 14,493 15,318    
Property, Plant & Equipment CZK mil                   15,204 15,026 14,644 14,491 15,317    
Intangible Assets CZK mil                   9.39 6.36 3.50 0.533 0.780    
Current Assets CZK mil                   5,196 4,255 4,334 4,670 4,208    
Inventories CZK mil                   1,440 1,373 1,384 1,823 1,871    
Receivables CZK mil                   82.4 78.8 117 151 214    
Cash & Cash Equivalents CZK mil                   1,347 1,539 2,778 1,540 2,094    
Total Assets CZK mil                   20,444 19,308 19,002 19,175 19,537    
Shareholders' Equity CZK mil                   9,642 9,398 8,360 7,481 7,817    
Of Which Minority Interest CZK mil                   0 0 0 0 0    
Liabilities CZK mil                   10,802 9,910 10,642 11,694 11,721    
Non-Current Liabilities CZK mil                   16.9 19.5 19.6 29.5 33.0    
Long-Term Debt CZK mil                   6,922 5,890 5,818 4,996 4,121    
Deferred Tax Liabilities CZK mil                   0 0 0 0 0    
Current Liabilities CZK mil                   2,911 2,873 3,872 5,709 5,709    
Short-Term Debt CZK mil                   863 1,032 1,177 2,655 2,616    
Trade Payables CZK mil                   1,863 2,231 2,695 3,054 3,093    
Provisions CZK mil                   83.7 90.1 105 133 137    
Equity And Liabilities CZK mil                   20,444 19,308 19,002 19,175 19,537    
growth rates                                
Total Asset Growth % ...                 -0.306 -5.56 -1.58 0.910 1.89    
Shareholders' Equity Growth % ...                 0 -2.53 -11.0 -10.5 4.49    
Net Debt Growth % ...                 -3.45 -16.4 -21.6 44.9 -24.0    
Total Debt Growth % ...                 -0.121 -11.1 1.06 9.37 -11.9    
ratios                                
Total Debt CZK mil                   7,785 6,922 6,995 7,651 6,738    
Net Debt CZK mil                   6,437 5,383 4,218 6,111 4,643    
Working Capital CZK mil                   -340 -779 -1,193 -1,079 -1,008    
Capital Employed CZK mil                   14,873 14,254 13,456 13,414 14,310    
Net Debt/Equity %                   66.8 57.3 50.5 81.7 59.4    
Cost of Financing % ... ...               7.29 1.14 1.75 2.42 3.53    
cash flow Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
cash flow                                
Net Profit CZK mil ... ...               363 1,194 1,528 1,728 2,600    
Depreciation CZK mil ... ...               706 715 735 723 828    
Non-Cash Items CZK mil ... ...               399 -530 220 185 142    
Change in Working Capital CZK mil ...                 -718 439 414 -114 -71.1    
Total Cash From Operations CZK mil                   750 1,818 2,897 2,521 3,499    
Capital Expenditures CZK mil                   -597 -580 -378 -593 -1,730    
Other Investments CZK mil                   76.8 57.9 39.8 -1,055 1,154    
Total Cash From Investing CZK mil                   -521 -522 -339 -1,648 -577    
Dividends Paid CZK mil ... ... ... ... ... ... ... ... ... ... ... ... ... ...    
Issuance Of Shares CZK mil ... ... ... ... ... ... ... ... ... ... ... ... ... ...    
Issuance Of Debt CZK mil ...                 -9.46 -863 73.5 656 -914    
Total Cash From Financing CZK mil                   -8.81 -1,104 -1,320 -2,111 -2,369    
Net Change In Cash CZK mil                   221 192 1,239 -1,237 554    
ratios                                
Days Sales Outstanding days ... ...               1.40 1.23 1.73 1.90 2.32    
Days Sales Of Inventory days ... ...               28.6 25.2 24.6 27.0 24.3    
Days Payable Outstanding days ... ...               37.0 40.9 47.8 45.2 40.2    
Cash Conversion Cycle days ... ...               -6.99 -14.5 -21.5 -16.3 -13.6    
Cash Earnings CZK mil ... ...               1,068 1,909 2,263 2,451 3,428    
Free Cash Flow CZK mil                   230 1,296 2,558 874 2,923    
other data Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
other data                                
ROA % ... ...               1.77 6.01 7.98 9.05 13.4    
Gross Margin % ... ...               14.3 15.2 16.8 15.4 16.6    
Employees                   3,148 3,439 3,850 4,343 4,717    
Cost Per Employee USD per month ... ...               2,084 2,327 1,894 1,834 1,681    
Cost Per Employee (Local Currency) CZK per month ... ...               39,819 41,156 37,051 35,876 35,925    
Staff Cost (As % Of Total Cost) % ... ...               7.33 7.66 7.42 6.87 6.60    
Effective Tax Rate % ... ...               0 0 0 0 0    
Domestic Sales CZK mil ... ... ... ... ... ... ...     21,296 23,394 24,711 29,094 33,641 ... ...
Capital Expenditures (As % of Sales) % ... ...               2.78 2.47 1.53 2.04 5.14    
Revenues From Abroad CZK mil ... ... ... ... ... ... ...     158 55.0 13.2 18.8 15.3 ... ...
Revenues From Abroad (As % Of Total) % ... ... ... ... ... ... ...     0.736 0.235 0.053 0.065 0.045 ... ...

Get all company financials in excel:

Download Sample   $19.99

Lidl Česká republika is a Czech Republic-based subsidiary of Germany's global discount supermarket chain. The Company operates a chain of Lidl discount stores in the Czech Republic. Lidl entered the Czech market in 2003 and since then it has opened more than 229 stores and employes around 5,500 people. Lidl Stiftung & Co. is a German global discount supermarket chain, based in Neckarsulm, Baden-Württemberg, Germany. The Group operates over 10,000 stores in over 20 countries throughout Europe. It belongs to the holding company Schwarz Gruppe, which also owns the store chains Handelshof and hypermarket Kaufland. The name Lidl is the surname of a former business partner of Josef Schwarz's, Ludwig Lidl, a retired schoolteacher. Josef's son Dieter Schwarz bought the rights to the name from him for 1,000 German Marks, as he could not use the name Schwarz Markt; schwarzmarkt means "black market"

Lidl Czech Republic Logo

Finance

Lidl Czech Republic has been growing its sales by a year on average in the last 5 years. EBITDA has grown on average by 21.1% a year during that time to total of CZK 5,186 mil in 2016, or 11.9% of sales. That’s compared to 11.0% average margin seen in last five years.

The company netted CZK 4,104 mil in 2016 implying ROE of 52.5% and ROCE of 26.1%. Again, the average figures were 35.4% and 19.4%, respectively when looking at the previous 5 years.

Lidl Czech Republic’s net debt amounted to CZK 8,051 mil at the end of 2016, or 103% of equity. When compared to EBITDA, net debt was 1.55x, down when compared to average of 1.57x seen in the last 5 years.