By Helgi Library - April 2, 2020
FAST Czech Republic's total assets reached CZK 4,737 mil at the end of 2016, up 7.19% compared to the previous year. ...
By Helgi Library - April 2, 2020
FAST Czech Republic's total assets reached CZK 4,737 mil at the end of 2016, up 7.19% compared to the previous year. ...
| Profit Statement | 2014 | 2015 | 2016 | |
| Sales | CZK mil | 7,510 | 8,092 | 8,767 |
| Gross Profit | CZK mil | 614 | 786 | 929 |
| EBITDA | CZK mil | 132 | 283 | 359 |
| EBIT | CZK mil | 92.7 | 241 | 313 |
| Financing Cost | CZK mil | -48.3 | -8.86 | 13.0 |
| Pre-Tax Profit | CZK mil | 141 | 250 | 300 |
| Net Profit | CZK mil | 108 | 198 | 240 |
| Dividends | CZK mil | 14.0 | 20.0 | ... |
| Balance Sheet | 2014 | 2015 | 2016 | |
| Total Assets | CZK mil | 4,088 | 4,419 | 4,737 |
| Non-Current Assets | CZK mil | 144 | 142 | 144 |
| Current Assets | CZK mil | 3,804 | 4,106 | 4,467 |
| Working Capital | CZK mil | 2,583 | 2,931 | 3,645 |
| Shareholders' Equity | CZK mil | 1,148 | 1,332 | 1,552 |
| Liabilities | CZK mil | 2,940 | 3,087 | 3,185 |
| Total Debt | CZK mil | 1,389 | 1,452 | 1,396 |
| Net Debt | CZK mil | 1,335 | 1,391 | 1,306 |
| Ratios | 2014 | 2015 | 2016 | |
| ROE | % | 9.99 | 15.9 | 16.6 |
| ROCE | % | 4.13 | 6.82 | 6.99 |
| Gross Margin | % | 8.18 | 9.71 | 10.6 |
| EBITDA Margin | % | 1.76 | 3.50 | 4.09 |
| EBIT Margin | % | 1.23 | 2.98 | 3.57 |
| Net Margin | % | 1.44 | 2.44 | 2.74 |
| Net Debt/EBITDA | 10.1 | 4.92 | 3.64 | |
| Net Debt/Equity | % | 116 | 104 | 84.2 |
| Cost of Financing | % | -3.48 | -0.624 | 0.912 |
| Cash Flow | 2014 | 2015 | 2016 | |
| Total Cash From Operations | CZK mil | ... | -4.60 | 149 |
| Total Cash From Investing | CZK mil | ... | -37.9 | -70.0 |
| Total Cash From Financing | CZK mil | ... | 48.9 | -76.2 |
| Net Change In Cash | CZK mil | ... | 6.39 | 3.13 |
| Cash Conversion Cycle | days | 132 | 141 | 161 |
| Cash Earnings | CZK mil | 147 | 240 | 286 |
| Free Cash Flow | CZK mil | ... | -42.5 | 79.3 |
Get all company financials in excel:
| summary | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 |
| income statement | |||||||||||
| Sales | CZK mil | 5,313 | 5,889 | 6,268 | 6,713 | 7,510 | |||||
| Gross Profit | CZK mil | 390 | 454 | 524 | 556 | 614 | |||||
| EBIT | CZK mil | 167 | 134 | 160 | 119 | 92.7 | |||||
| Net Profit | CZK mil | 77.7 | 71.0 | 50.2 | 61.8 | 108 | |||||
| ROE | % | 9.08 | 7.79 | 5.32 | 6.25 | 9.99 | |||||
| EBIT Margin | % | 3.14 | 2.27 | 2.55 | 1.77 | 1.23 | |||||
| Net Margin | % | 1.46 | 1.21 | 0.801 | 0.920 | 1.44 | |||||
| Employees | ... | 698 | 723 | 920 | 1,047 | 1,169 | |||||
| balance sheet | |||||||||||
| Total Assets | CZK mil | 2,979 | 3,136 | 3,490 | 3,728 | 4,088 | |||||
| Non-Current Assets | CZK mil | 98.4 | 95.5 | 132 | 138 | 144 | |||||
| Current Assets | CZK mil | 2,857 | 2,917 | 3,244 | 3,418 | 3,804 | |||||
| Shareholders' Equity | CZK mil | 895 | 928 | 960 | 1,018 | 1,148 | |||||
| Liabilities | CZK mil | 2,084 | 2,208 | 2,530 | 2,710 | 2,940 | |||||
| Non-Current Liabilities | CZK mil | 0 | 0 | 0 | 0 | 0 | |||||
| Current Liabilities | CZK mil | 636 | 644 | 880 | 1,196 | 1,230 | |||||
| Net Debt/EBITDA | 7.06 | 8.74 | 7.77 | 8.57 | 10.1 | ||||||
| Net Debt/Equity | % | 157 | 153 | 158 | 132 | 116 | |||||
| Cost of Financing | % | ... | 4.58 | 2.12 | 6.01 | 1.42 | -3.48 | ||||
| cash flow | |||||||||||
| Total Cash From Operations | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Total Cash From Investing | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Total Cash From Financing | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Net Change In Cash | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... |
| income statement | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 |
| income statement | |||||||||||
| Sales | CZK mil | 5,313 | 5,889 | 6,268 | 6,713 | 7,510 | |||||
| Cost of Goods & Services | CZK mil | 4,923 | 5,435 | 5,744 | 6,158 | 6,895 | |||||
| Gross Profit | CZK mil | 390 | 454 | 524 | 556 | 614 | |||||
| Staff Cost | CZK mil | 220 | 293 | 360 | 400 | 454 | |||||
| Other Cost | CZK mil | -28.7 | -1.19 | -30.6 | -1.13 | 28.8 | |||||
| EBITDA | CZK mil | 198 | 163 | 195 | 157 | 132 | |||||
| Depreciation | CZK mil | 31.6 | 28.8 | 35.1 | 38.1 | 39.1 | |||||
| EBIT | CZK mil | 167 | 134 | 160 | 119 | 92.7 | |||||
| Financing Cost | CZK mil | 64.3 | 30.3 | 89.6 | 20.7 | -48.3 | |||||
| Extraordinary Cost | CZK mil | 0 | 0 | 0 | 0 | 0 | |||||
| Pre-Tax Profit | CZK mil | 102 | 104 | 70.3 | 98.4 | 141 | |||||
| Tax | CZK mil | 24.6 | 32.6 | 20.1 | 36.7 | 32.8 | |||||
| Minorities | CZK mil | 0 | 0 | 0 | 0 | 0 | |||||
| Net Profit | CZK mil | 77.7 | 71.0 | 50.2 | 61.8 | 108 | |||||
| Dividends | CZK mil | ... | ... | ... | ... | ... | ... | ... | 14.0 | ... | |
| growth rates | |||||||||||
| Total Revenue Growth | % | ... | 5.50 | 10.9 | 6.43 | 7.11 | 11.9 | ||||
| Operating Cost Growth | % | ... | 29.0 | 52.1 | 13.0 | 21.0 | 21.2 | ||||
| EBITDA Growth | % | ... | -8.91 | -17.9 | 19.9 | -19.4 | -16.2 | ||||
| EBIT Growth | % | ... | -8.40 | -19.7 | 19.4 | -25.5 | -22.2 | ||||
| Pre-Tax Profit Growth | % | ... | -9.60 | 1.24 | -32.2 | 40.1 | 43.2 | ||||
| Net Profit Growth | % | ... | -12.4 | -8.61 | -29.3 | 23.0 | 75.1 | ||||
| ratios | |||||||||||
| ROE | % | 9.08 | 7.79 | 5.32 | 6.25 | 9.99 | |||||
| ROCE | % | ... | 3.29 | 2.90 | 1.99 | 2.43 | 4.13 | ||||
| Gross Margin | % | 7.34 | 7.71 | 8.36 | 8.28 | 8.18 | |||||
| EBITDA Margin | % | 3.73 | 2.76 | 3.11 | 2.34 | 1.76 | |||||
| EBIT Margin | % | 3.14 | 2.27 | 2.55 | 1.77 | 1.23 | |||||
| Net Margin | % | 1.46 | 1.21 | 0.801 | 0.920 | 1.44 | |||||
| Payout Ratio | % | ... | ... | ... | ... | ... | ... | ... | 12.9 | ... | |
| Cost of Financing | % | ... | 4.58 | 2.12 | 6.01 | 1.42 | -3.48 | ||||
| Net Debt/EBITDA | 7.06 | 8.74 | 7.77 | 8.57 | 10.1 |
| balance sheet | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 |
| balance sheet | |||||||||||
| Non-Current Assets | CZK mil | 98.4 | 95.5 | 132 | 138 | 144 | |||||
| Property, Plant & Equipment | CZK mil | 92.0 | 86.3 | 108 | 107 | 114 | |||||
| Intangible Assets | CZK mil | 0.128 | 1.29 | 15.6 | 17.1 | 13.6 | |||||
| Current Assets | CZK mil | 2,857 | 2,917 | 3,244 | 3,418 | 3,804 | |||||
| Inventories | CZK mil | 1,489 | 1,554 | 1,828 | 1,980 | 2,217 | |||||
| Receivables | CZK mil | 1,283 | 1,261 | 1,282 | 1,271 | 1,186 | |||||
| Cash & Cash Equivalents | CZK mil | 9.93 | 18.4 | 26.0 | 38.2 | 54.6 | |||||
| Total Assets | CZK mil | 2,979 | 3,136 | 3,490 | 3,728 | 4,088 | |||||
| Shareholders' Equity | CZK mil | 895 | 928 | 960 | 1,018 | 1,148 | |||||
| Of Which Minority Interest | CZK mil | 0 | 0 | 0 | 0 | 0 | |||||
| Liabilities | CZK mil | 2,084 | 2,208 | 2,530 | 2,710 | 2,940 | |||||
| Non-Current Liabilities | CZK mil | 0 | 0 | 0 | 0 | 0 | |||||
| Long-Term Debt | CZK mil | 0 | 0 | 0 | 0 | 0 | |||||
| Deferred Tax Liabilities | CZK mil | 0 | 0 | 0 | 0 | 0 | |||||
| Current Liabilities | CZK mil | 636 | 644 | 880 | 1,196 | 1,230 | |||||
| Short-Term Debt | CZK mil | 1,410 | 1,440 | 1,542 | 1,386 | 1,389 | |||||
| Trade Payables | CZK mil | 444 | 440 | 670 | 877 | 819 | |||||
| Provisions | CZK mil | 20.3 | 54.3 | 77.8 | 90.2 | 238 | |||||
| Equity And Liabilities | CZK mil | 2,979 | 3,136 | 3,490 | 3,728 | 4,088 | |||||
| growth rates | |||||||||||
| Total Asset Growth | % | ... | 20.8 | 5.26 | 11.3 | 6.82 | 9.64 | ||||
| Shareholders' Equity Growth | % | ... | 9.51 | 3.69 | 3.47 | 6.02 | 12.8 | ||||
| Net Debt Growth | % | ... | 1.32 | 1.54 | 6.62 | -11.1 | -0.952 | ||||
| Total Debt Growth | % | ... | 1.04 | 2.13 | 7.07 | -10.1 | 0.257 | ||||
| ratios | |||||||||||
| Total Debt | CZK mil | 1,410 | 1,440 | 1,542 | 1,386 | 1,389 | |||||
| Net Debt | CZK mil | 1,400 | 1,422 | 1,516 | 1,347 | 1,335 | |||||
| Working Capital | CZK mil | 2,328 | 2,375 | 2,440 | 2,375 | 2,583 | |||||
| Capital Employed | CZK mil | 2,426 | 2,471 | 2,572 | 2,513 | 2,727 | |||||
| Net Debt/Equity | % | 157 | 153 | 158 | 132 | 116 | |||||
| Cost of Financing | % | ... | 4.58 | 2.12 | 6.01 | 1.42 | -3.48 |
| cash flow | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 |
| cash flow | |||||||||||
| Net Profit | CZK mil | 77.7 | 71.0 | 50.2 | 61.8 | 108 | |||||
| Depreciation | CZK mil | 31.6 | 28.8 | 35.1 | 38.1 | 39.1 | |||||
| Non-Cash Items | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Change in Working Capital | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Total Cash From Operations | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Capital Expenditures | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Other Investments | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Total Cash From Investing | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Dividends Paid | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Issuance Of Shares | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Issuance Of Debt | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Total Cash From Financing | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Net Change In Cash | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ||
| ratios | |||||||||||
| Days Sales Outstanding | days | 88.2 | 78.2 | 74.7 | 69.1 | 57.6 | |||||
| Days Sales Of Inventory | days | 110 | 104 | 116 | 117 | 117 | |||||
| Days Payable Outstanding | days | 32.9 | 29.5 | 42.6 | 52.0 | 43.4 | |||||
| Cash Conversion Cycle | days | 166 | 153 | 148 | 135 | 132 | |||||
| Cash Earnings | CZK mil | 109 | 99.8 | 85.3 | 99.8 | 147 | |||||
| Free Cash Flow | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... |
| other data | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 |
| other data | |||||||||||
| ROA | % | 2.85 | 2.32 | 1.52 | 1.71 | 2.77 | |||||
| Gross Margin | % | 7.34 | 7.71 | 8.36 | 8.28 | 8.18 | |||||
| Employees | ... | 698 | 723 | 920 | 1,047 | 1,169 | |||||
| Cost Per Employee | USD per month | ... | 1,376 | 1,906 | 1,666 | 1,625 | 1,514 | ||||
| Cost Per Employee (Local Currency) | CZK per month | ... | 26,292 | 33,717 | 32,589 | 31,800 | 32,358 | ||||
| Staff Cost (As % Of Total Cost) | % | 4.28 | 5.08 | 5.89 | 6.06 | 6.12 | |||||
| Effective Tax Rate | % | 24.1 | 31.4 | 28.5 | 37.3 | 23.3 | |||||
| Capital Expenditures (As % of Sales) | % | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Branches | ... | ... | ... | ... | ... | ... | 64.0 | ... | ... |
Get all company financials in excel:
FAST ČR, a.s. is a Czech Republic-based wholesaler with home electronics. The Company operates four logistics warehouses with a total capacity of 71,000 sqm (Prague, Bratislava, Budapest and Warsaw) and had employed 1,270 staff in 2015. The Company serves a number of multinational and domestic clients such as Makro, Ahold, Tesco, Globus, Datart, Electroworld, Mall.cz, Alza.cz, Procter a Gamble, or Pepsi Cola, for example. The Company was founded in 1992 and is based in Prague, Czech Republic.
FAST Czech Republic has been growing its sales by a year on average in the last 5 years. EBITDA has grown on average by 17.1% a year during that time to total of CZK 359 mil in 2016, or 4.09% of sales. That’s compared to 2.96% average margin seen in last five years.
The company netted CZK 240 mil in 2016 implying ROE of 16.6% and ROCE of 6.99%. Again, the average figures were 10.8% and 4.47%, respectively when looking at the previous 5 years.
FAST Czech Republic’s net debt amounted to CZK 1,306 mil at the end of 2016, or 84.2% of equity. When compared to EBITDA, net debt was 3.64x, down when compared to average of 7.01x seen in the last 5 years.
Helgi Library 
