| Profit Statement | 2015 | 2016 | 2017 | |
| Sales | CZK mil | 20,596 | 20,604 | 21,175 |
| Gross Profit | CZK mil | 9,163 | 8,897 | 8,853 |
| EBITDA | CZK mil | 7,933 | 6,963 | 7,790 |
| EBIT | CZK mil | 2,301 | 2,721 | 3,584 |
| Financing Cost | CZK mil | 0 | -93.0 | 169 |
| Pre-Tax Profit | CZK mil | 2,301 | 2,814 | 3,415 |
| Net Profit | CZK mil | 1,835 | 2,255 | 2,719 |
| Dividends | CZK mil | 32,296 | 257 | ... |
| Balance Sheet | 2015 | 2016 | 2017 | |
| Total Assets | CZK mil | 89,468 | 54,811 | 54,771 |
| Non-Current Assets | CZK mil | 84,876 | 50,562 | 50,566 |
| Current Assets | CZK mil | 4,465 | 3,568 | 4,187 |
| Working Capital | CZK mil | 1,562 | -1,633 | -1,770 |
| Shareholders' Equity | CZK mil | 48,622 | 17,964 | 20,833 |
| Liabilities | CZK mil | 40,846 | 36,847 | 33,938 |
| Total Debt | CZK mil | 2,240 | 24,651 | 20,755 |
| Net Debt | CZK mil | 1,584 | 24,273 | 19,912 |
| Ratios | 2015 | 2016 | 2017 | |
| ROE | % | 3.84 | 6.77 | 14.0 |
| ROCE | % | 2.58 | 3.33 | 5.56 |
| Gross Margin | % | 44.5 | 43.2 | 41.8 |
| EBITDA Margin | % | 38.5 | 33.8 | 36.8 |
| EBIT Margin | % | 11.2 | 13.2 | 16.9 |
| Net Margin | % | 8.91 | 10.9 | 12.8 |
| Net Debt/EBITDA | 0.200 | 3.49 | 2.56 | |
| Net Debt/Equity | % | 3.26 | 135 | 95.6 |
| Cost of Financing | % | 0 | -0.692 | 0.744 |
| Cash Flow | 2015 | 2016 | 2017 | |
| Total Cash From Operations | CZK mil | 6,246 | 7,282 | 7,172 |
| Total Cash From Investing | CZK mil | -34,427 | -3,400 | -257 |
| Total Cash From Financing | CZK mil | 28,782 | -4,160 | -3,728 |
| Net Change In Cash | CZK mil | 601 | -278 | 3,187 |
| Cash Conversion Cycle | days | 5.06 | -93.3 | -92.3 |
| Cash Earnings | CZK mil | 7,467 | 6,497 | 6,925 |
| Free Cash Flow | CZK mil | -28,181 | 3,882 | 6,915 |
Get all company financials in excel:
| summary | Unit | 2014 | 2015 | 2016 | 2017 |
| income statement | |||||
| Sales | CZK mil | ... | 20,596 | ||
| Gross Profit | CZK mil | ... | 9,163 | ||
| EBIT | CZK mil | ... | 2,301 | ||
| Net Profit | CZK mil | ... | 1,835 | ||
| ROE | % | ... | 3.84 | ||
| EBIT Margin | % | ... | 11.2 | ||
| Net Margin | % | ... | 8.91 | ||
| Employees | ... | 1,215 | |||
| balance sheet | |||||
| Total Assets | CZK mil | 57,548 | 89,468 | ||
| Non-Current Assets | CZK mil | 55,600 | 84,876 | ||
| Current Assets | CZK mil | 1,867 | 4,465 | ||
| Shareholders' Equity | CZK mil | 46,905 | 48,622 | ||
| Liabilities | CZK mil | 10,643 | 40,846 | ||
| Non-Current Liabilities | CZK mil | 6,528 | 6,254 | ||
| Current Liabilities | CZK mil | 3,395 | 4,828 | ||
| Net Debt/EBITDA | ... | 0.200 | |||
| Net Debt/Equity | % | 3.04 | 3.26 | ||
| Cost of Financing | % | ... | 0 | ||
| cash flow | |||||
| Total Cash From Operations | CZK mil | ... | 6,246 | ||
| Total Cash From Investing | CZK mil | ... | -34,427 | ||
| Total Cash From Financing | CZK mil | ... | 28,782 | ||
| Net Change In Cash | CZK mil | ... | 601 | ||
| valuation | |||||
| Number Of Shares | mil | ... | 310 | ||
| Earnings Per Share (EPS) | CZK | ... | 5.92 | ||
| Book Value Per Share | CZK | ... | 157 | ||
| Dividend Per Share | CZK | ... | 104 | ... | |
| Earnings Per Share Growth | % | ... | ... | ||
| Book Value Per Share Growth | % | ... | ... |
| income statement | Unit | 2014 | 2015 | 2016 | 2017 |
| income statement | |||||
| Sales | CZK mil | ... | 20,596 | ||
| Cost of Goods & Services | CZK mil | ... | 11,433 | ||
| Gross Profit | CZK mil | ... | 9,163 | ||
| Staff Cost | CZK mil | ... | 1,207 | ||
| Other Cost | CZK mil | ... | 23.0 | ||
| EBITDA | CZK mil | ... | 7,933 | ||
| Depreciation | CZK mil | ... | 5,632 | ||
| EBIT | CZK mil | ... | 2,301 | ||
| Financing Cost | CZK mil | ... | 0 | ||
| Extraordinary Cost | CZK mil | ... | 0 | ||
| Pre-Tax Profit | CZK mil | ... | 2,301 | ||
| Tax | CZK mil | ... | 466 | ||
| Minorities | CZK mil | ... | 0 | ||
| Net Profit | CZK mil | ... | 1,835 | ||
| Dividends | CZK mil | ... | 32,296 | ... | |
| growth rates | |||||
| Total Revenue Growth | % | ... | ... | ||
| Operating Cost Growth | % | ... | ... | ||
| EBITDA Growth | % | ... | ... | ||
| EBIT Growth | % | ... | ... | ||
| Pre-Tax Profit Growth | % | ... | ... | ||
| Net Profit Growth | % | ... | ... | ||
| ratios | |||||
| ROE | % | ... | 3.84 | ||
| ROCE | % | ... | 2.58 | ||
| Gross Margin | % | ... | 44.5 | ||
| EBITDA Margin | % | ... | 38.5 | ||
| EBIT Margin | % | ... | 11.2 | ||
| Net Margin | % | ... | 8.91 | ||
| Payout Ratio | % | ... | 1,760 | ... | |
| Cost of Financing | % | ... | 0 | ||
| Net Debt/EBITDA | ... | 0.200 |
| balance sheet | Unit | 2014 | 2015 | 2016 | 2017 |
| balance sheet | |||||
| Non-Current Assets | CZK mil | 55,600 | 84,876 | ||
| Property, Plant & Equipment | CZK mil | 54,041 | 51,140 | ||
| Intangible Assets | CZK mil | 1,559 | 1,536 | ||
| Goodwill | CZK mil | 552 | 442 | ... | ... |
| Current Assets | CZK mil | 1,867 | 4,465 | ||
| Inventories | CZK mil | 284 | 618 | ||
| Receivables | CZK mil | 1,521 | 3,155 | ||
| Cash & Cash Equivalents | CZK mil | 55.0 | 656 | ||
| Total Assets | CZK mil | 57,548 | 89,468 | ||
| Shareholders' Equity | CZK mil | 46,905 | 48,622 | ||
| Of Which Minority Interest | CZK mil | 0 | 0 | ||
| Liabilities | CZK mil | 10,643 | 40,846 | ||
| Non-Current Liabilities | CZK mil | 6,528 | 6,254 | ||
| Long-Term Debt | CZK mil | 0 | 0 | ||
| Deferred Tax Liabilities | CZK mil | 6,525 | 6,246 | ||
| Current Liabilities | CZK mil | 3,395 | 4,828 | ||
| Short-Term Debt | CZK mil | 1,483 | 2,240 | ||
| Trade Payables | CZK mil | 1,793 | 2,211 | ||
| Provisions | CZK mil | 269 | 237 | ||
| Equity And Liabilities | CZK mil | 57,548 | 89,468 | ||
| growth rates | |||||
| Total Asset Growth | % | ... | 55.5 | ||
| Shareholders' Equity Growth | % | ... | 3.66 | ||
| Net Debt Growth | % | ... | 10.9 | ||
| Total Debt Growth | % | ... | 51.0 | ||
| ratios | |||||
| Total Debt | CZK mil | 1,483 | 2,240 | ||
| Net Debt | CZK mil | 1,428 | 1,584 | ||
| Working Capital | CZK mil | 12.0 | 1,562 | ||
| Capital Employed | CZK mil | 55,612 | 86,438 | ||
| Net Debt/Equity | % | 3.04 | 3.26 | ||
| Cost of Financing | % | ... | 0 |
| cash flow | Unit | 2014 | 2015 | 2016 | 2017 |
| cash flow | |||||
| Net Profit | CZK mil | ... | 1,835 | ||
| Depreciation | CZK mil | ... | 5,632 | ||
| Non-Cash Items | CZK mil | ... | 329 | ||
| Change in Working Capital | CZK mil | ... | -1,550 | ||
| Total Cash From Operations | CZK mil | ... | 6,246 | ||
| Capital Expenditures | CZK mil | ... | -2,361 | ||
| Other Investments | CZK mil | ... | -32,066 | ||
| Total Cash From Investing | CZK mil | ... | -34,427 | ||
| Dividends Paid | CZK mil | ... | ... | ||
| Issuance Of Shares | CZK mil | ... | 0 | ||
| Issuance Of Debt | CZK mil | ... | 757 | ||
| Total Cash From Financing | CZK mil | ... | 28,782 | ||
| Net Change In Cash | CZK mil | ... | 601 | ||
| ratios | |||||
| Days Sales Outstanding | days | ... | 55.9 | ||
| Days Sales Of Inventory | days | ... | 19.7 | ||
| Days Payable Outstanding | days | ... | 70.6 | ||
| Cash Conversion Cycle | days | ... | 5.06 | ||
| Cash Earnings | CZK mil | ... | 7,467 | ||
| Cash Earnings Per Share | CZK | ... | 24.1 | ||
| Free Cash Flow | CZK mil | ... | -28,181 |
| other data | Unit | 2014 | 2015 | 2016 | 2017 |
| other data | |||||
| ROA | % | ... | 2.50 | ||
| Gross Margin | % | ... | 44.5 | ||
| Employees | ... | 1,215 | |||
| Cost Per Employee | USD per month | ... | 3,468 | ||
| Cost Per Employee (Local Currency) | CZK per month | ... | 82,785 | ||
| Staff Cost (As % Of Total Cost) | % | ... | 6.60 | ||
| Effective Tax Rate | % | ... | 20.3 | ||
| Capital Expenditures (As % of Sales) | % | ... | 11.5 | ||
| Revenues from Mobile Network Services | CZK mil | ... | 5,195 | ||
| Revenues from Fixed Network Mass Services | CZK mil | ... | 7,326 | ||
| Revenues from Transit Services | CZK mil | ... | 7,084 | ||
| Revenues from Data Services | CZK mil | ... | ... | ||
| Revenues from Other Telco Services | CZK mil | ... | ... |
Get all company financials in excel:
CETIN has been growing its sales by a year on average in the last 5 years. EBITDA has grown by 0% during that time to total of CZK 7,790 mil in 2017, or 36.8% of sales. That’s compared to 36.4% average margin seen in last five years.
The company netted CZK 2,719 mil in 2017 implying ROE of 14.0% and ROCE of 5.56%. Again, the average figures were 8.21% and 3.83%, respectively when looking at the previous 5 years.
CETIN’s net debt amounted to CZK 19,912 mil at the end of 2017, or 95.6% of equity. When compared to EBITDA, net debt was 2.56x, up when compared to average of 2.08x seen in the last 5 years.
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