By Helgi Library - April 2, 2020
innogy Energie Czech Republic's total assets reached CZK 22,298 mil at the end of 2018, down 5.26% compared to the previous year...
By Helgi Library - April 2, 2020
innogy Energie Czech Republic's total assets reached CZK 22,298 mil at the end of 2018, down 5.26% compared to the previous year...
Profit Statement |
Balance Sheet |
Ratios |
Cash Flow |
Get all company financials in excel:
Get all company financials in excel:
innogy Energie, formerly known as RWE Energie is a Czech Republic's subsidiary of Germany's innogy. It is a distribution company created by a consolidation regional gas distributors Jihomoravská plynárenská, Severomoravská plynárenská, and Východočeská plynárenská. From the beginning of 2014, RWE Key Account CZK has merged into RWE Energie, so the Company now supplies natural gas and power to 1.8 mil of its customers in the Czech Republic. RWE activities in the Czech Republic are concentrated into four key areas: power and heat generation (under RWE Energo), gas storage (RWE Gas Storage), gas distribution (RWE Grid Holding), and energy trade and supply to end customers (RWE Energie). Germany's RWE Group is the second largest electricity producer in Germany. The Company supplies electricity and gas to more than 20 mil electricity customers and 10 mil gas customers, principally in Europe
innogy Energie Czech Republic has been growing its sales by a year on average in the last 5 years. EBITDA has grown on average by 16.9% a year during that time to total of CZK 2,835 mil in 2018, or 8.95% of sales. That’s compared to 9.72% average margin seen in last five years.
The company netted CZK 2,702 mil in 2018 implying ROE of 56.2% and ROCE of 24.0%. Again, the average figures were 55.5% and 29.0%, respectively when looking at the previous 5 years.
innogy Energie Czech Republic’s net debt amounted to CZK -71.4 mil at the end of 2018, or -1.62% of equity. When compared to EBITDA, net debt was -0.025x, down when compared to average of 0.060x seen in the last 5 years.