By Helgi Library - April 2, 2020
Lidl Czech Republic's total assets reached CZK 23,781 mil at the end of 2016, up 12.6% compared to the previous year. ...
By Helgi Library - April 2, 2020
Lidl Czech Republic's total assets reached CZK 23,781 mil at the end of 2016, up 12.6% compared to the previous year. ...
| 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:
| 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:
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 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.
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