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Prazska Plynarenska

PP's Cash & Cash Equivalents rose 69.2% yoy to CZK 554 mil in 2014

By Helgi Library - April 2, 2020

Prazska Plynarenska's total assets reached CZK 8,595 mil at the end of 2014, down 5.15% compared to the previous year. ...

Profit Statement
Balance Sheet
Ratios
Cash Flow

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Pražská plynárenská, a.s. is the regional natural gas distributor in the capital city of the Czech Republic, Prague. The Company offers a range of supplementary services and products such as maintenance, repair, and construction of gas facilities, researching the causes of losses of natural gas, measurement and metrology in the gas industry and others. The Company supplies natural gas to almost 422,000 customers in Prague and its surroundings. Since 2012, the Company offers natural gas along with electricity all around the Czech Republic. The Company was established in 1993 when the privatisation of Czech gas industry began, but its history dates back to 1847, when the first gasworks was brought into operation in the suburb of Karlín for public lighting of Prague’s streets. Thanks to this the first of more than 200 gas lamps were lit in the streets of Prague

Finance

Prazska Plynarenska has been growing its sales by a year on average in the last 5 years. EBITDA has fallen on average by 1.47% a year during that time to total of CZK 1,254 mil in 2014, or 9.12% of sales. That’s compared to 8.51% average margin seen in last five years.

The company netted CZK 729 mil in 2014 implying ROE of 16.2% and ROCE of 11.5%. Again, the average figures were 15.6% and 10.6%, respectively when looking at the previous 5 years.

Prazska Plynarenska’s net debt amounted to CZK 239 mil at the end of 2014, or 0.053 of equity. When compared to EBITDA, net debt was 0.191x, down when compared to average of 1.17x seen in the last 5 years.