By Helgi Library - April 2, 2020
Tatra Trucks's total assets reached CZK 6,211 mil at the end of 2017, up 17.5% compared to the previous year. Curr...
By Helgi Library - April 2, 2020
Tatra Trucks's total assets reached CZK 6,211 mil at the end of 2017, up 17.5% compared to the previous year. Curr...
| Profit Statement | 2015 | 2016 | 2017 | |
| Sales | CZK mil | 4,355 | 6,019 | 6,293 |
| Gross Profit | CZK mil | 1,072 | 1,612 | 1,040 |
| EBITDA | CZK mil | 482 | 782 | 737 |
| EBIT | CZK mil | 362 | 561 | 563 |
| Financing Cost | CZK mil | -55.7 | 20.5 | -12.1 |
| Pre-Tax Profit | CZK mil | 418 | 541 | 575 |
| Net Profit | CZK mil | 448 | 529 | 561 |
| Balance Sheet | 2015 | 2016 | 2017 | |
| Total Assets | CZK mil | 3,945 | 5,286 | 6,211 |
| Non-Current Assets | CZK mil | 1,215 | 1,638 | 2,120 |
| Current Assets | CZK mil | 2,675 | 3,562 | 4,033 |
| Working Capital | CZK mil | 1,047 | 2,361 | 2,739 |
| Shareholders' Equity | CZK mil | 2,245 | 2,312 | 2,646 |
| Liabilities | CZK mil | 1,700 | 2,974 | 3,565 |
| Total Debt | CZK mil | 448 | 1,093 | 2,436 |
| Net Debt | CZK mil | -61.1 | 662 | 2,157 |
| Ratios | 2015 | 2016 | 2017 | |
| ROE | % | 21.9 | 23.2 | 22.6 |
| ROCE | % | 18.2 | 16.9 | 12.7 |
| Gross Margin | % | 24.6 | 26.8 | 16.5 |
| EBITDA Margin | % | 11.1 | 13.0 | 11.7 |
| EBIT Margin | % | 8.31 | 9.32 | 8.94 |
| Net Margin | % | 10.3 | 8.80 | 8.91 |
| Net Debt/EBITDA | -0.127 | 0.847 | 2.93 | |
| Net Debt/Equity | % | -2.72 | 28.6 | 81.5 |
| Cost of Financing | % | -12.8 | 2.67 | -0.686 |
| Cash Flow | 2015 | 2016 | 2017 | |
| Total Cash From Operations | CZK mil | ... | ... | ... |
| Total Cash From Investing | CZK mil | ... | ... | ... |
| Total Cash From Financing | CZK mil | ... | ... | ... |
| Net Change In Cash | CZK mil | ... | ... | ... |
| Cash Conversion Cycle | days | 89.7 | 162 | 170 |
| Cash Earnings | CZK mil | 568 | 750 | 735 |
| Free Cash Flow | CZK mil | ... | ... | ... |
Get all company financials in excel:
| summary | Unit | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| income statement | |||||||||||||||||||||||
| Sales | CZK mil | 2,377 | 1,853 | 2,777 | 3,701 | 4,355 | |||||||||||||||||
| Gross Profit | CZK mil | 363 | 335 | 509 | 683 | 1,072 | |||||||||||||||||
| EBIT | CZK mil | 3.09 | -560 | -169 | 222 | 362 | |||||||||||||||||
| Net Profit | CZK mil | -39.6 | -940 | -326 | 288 | 448 | |||||||||||||||||
| ROE | % | -3.49 | -145 | -54.8 | 20.1 | 21.9 | |||||||||||||||||
| EBIT Margin | % | 0.130 | -30.2 | -6.07 | 6.01 | 8.31 | |||||||||||||||||
| Net Margin | % | -1.67 | -50.7 | -11.7 | 7.78 | 10.3 | |||||||||||||||||
| Employees | 1,062 | 1,091 | 952 | 845 | 1,460 | ||||||||||||||||||
| balance sheet | |||||||||||||||||||||||
| Total Assets | CZK mil | 2,623 | 1,748 | 2,568 | 3,387 | 3,945 | |||||||||||||||||
| Non-Current Assets | CZK mil | 1,353 | 574 | 806 | 1,038 | 1,215 | |||||||||||||||||
| Current Assets | CZK mil | 1,211 | 1,124 | 1,718 | 2,313 | 2,675 | |||||||||||||||||
| Shareholders' Equity | CZK mil | 1,117 | 176 | 1,013 | 1,850 | 2,245 | |||||||||||||||||
| Liabilities | CZK mil | 1,506 | 1,572 | 1,555 | 1,537 | 1,700 | |||||||||||||||||
| Non-Current Liabilities | CZK mil | 0 | 0 | 0 | 0 | 84.8 | |||||||||||||||||
| Current Liabilities | CZK mil | 785 | 633 | 815 | 998 | 378 | |||||||||||||||||
| Net Debt/EBITDA | 5.09 | -1.79 | -6.72 | 0.381 | -0.127 | ||||||||||||||||||
| Net Debt/Equity | % | 55.4 | 455 | 45.4 | 6.41 | -2.72 | |||||||||||||||||
| Cost of Financing | % | 6.45 | 51.0 | 21.0 | -12.3 | -12.8 | |||||||||||||||||
| 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 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| income statement | |||||||||||||||||||||||
| Sales | CZK mil | 2,377 | 1,853 | 2,777 | 3,701 | 4,355 | |||||||||||||||||
| Cost of Goods & Services | CZK mil | 2,014 | 1,518 | 2,268 | 3,018 | 3,282 | |||||||||||||||||
| Gross Profit | CZK mil | 363 | 335 | 509 | 683 | 1,072 | |||||||||||||||||
| Staff Cost | CZK mil | 462 | 446 | 427 | 408 | 695 | |||||||||||||||||
| Other Cost | CZK mil | -220 | 337 | 150 | -36.4 | -104 | |||||||||||||||||
| EBITDA | CZK mil | 121 | -448 | -68.5 | 311 | 482 | |||||||||||||||||
| Depreciation | CZK mil | 118 | 111 | 100 | 88.5 | 120 | |||||||||||||||||
| EBIT | CZK mil | 3.09 | -560 | -169 | 222 | 362 | |||||||||||||||||
| Financing Cost | CZK mil | 42.7 | 380 | 157 | -65.3 | -55.7 | |||||||||||||||||
| Extraordinary Cost | CZK mil | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||
| Pre-Tax Profit | CZK mil | -39.6 | -940 | -326 | 288 | 418 | |||||||||||||||||
| Tax | CZK mil | 0 | 0 | -0.566 | -1.13 | -30.8 | |||||||||||||||||
| Minorities | CZK mil | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||
| Net Profit | CZK mil | -39.6 | -940 | -326 | 288 | 448 | |||||||||||||||||
| growth rates | |||||||||||||||||||||||
| Total Revenue Growth | % | ... | -38.0 | -22.0 | 49.9 | 33.3 | 17.7 | ||||||||||||||||
| Operating Cost Growth | % | ... | -77.6 | 224 | -26.2 | -35.6 | 58.7 | ||||||||||||||||
| EBITDA Growth | % | ... | -13.2 | -469 | -84.7 | -554 | 55.0 | ||||||||||||||||
| EBIT Growth | % | ... | -105 | -18,213 | -69.9 | -232 | 62.7 | ||||||||||||||||
| Pre-Tax Profit Growth | % | ... | -62.5 | 2,271 | -65.3 | -188 | 45.1 | ||||||||||||||||
| Net Profit Growth | % | ... | -66.6 | 2,271 | -65.3 | -188 | 55.8 | ||||||||||||||||
| ratios | |||||||||||||||||||||||
| ROE | % | -3.49 | -145 | -54.8 | 20.1 | 21.9 | |||||||||||||||||
| ROCE | % | -1.71 | -57.5 | -20.1 | 12.4 | 18.2 | |||||||||||||||||
| Gross Margin | % | 15.3 | 18.1 | 18.3 | 18.5 | 24.6 | |||||||||||||||||
| EBITDA Margin | % | 5.11 | -24.2 | -2.47 | 8.40 | 11.1 | |||||||||||||||||
| EBIT Margin | % | 0.130 | -30.2 | -6.07 | 6.01 | 8.31 | |||||||||||||||||
| Net Margin | % | -1.67 | -50.7 | -11.7 | 7.78 | 10.3 | |||||||||||||||||
| Cost of Financing | % | 6.45 | 51.0 | 21.0 | -12.3 | -12.8 | |||||||||||||||||
| Net Debt/EBITDA | 5.09 | -1.79 | -6.72 | 0.381 | -0.127 |
| balance sheet | Unit | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| balance sheet | |||||||||||||||||||||||
| Non-Current Assets | CZK mil | 1,353 | 574 | 806 | 1,038 | 1,215 | |||||||||||||||||
| Property, Plant & Equipment | CZK mil | 980 | 560 | 623 | 685 | 1,356 | |||||||||||||||||
| Intangible Assets | CZK mil | 17.7 | 13.4 | 25.7 | 38.0 | -141 | |||||||||||||||||
| Goodwill | CZK mil | 0 | 0 | -124 | -248 | ... | ... | ... | |||||||||||||||
| Current Assets | CZK mil | 1,211 | 1,124 | 1,718 | 2,313 | 2,675 | |||||||||||||||||
| Inventories | CZK mil | 816 | 733 | 772 | 811 | 1,191 | |||||||||||||||||
| Receivables | CZK mil | 345 | 303 | 741 | 1,178 | 976 | |||||||||||||||||
| Cash & Cash Equivalents | CZK mil | 14.5 | 56.0 | 180 | 304 | 509 | |||||||||||||||||
| Total Assets | CZK mil | 2,623 | 1,748 | 2,568 | 3,387 | 3,945 | |||||||||||||||||
| Shareholders' Equity | CZK mil | 1,117 | 176 | 1,013 | 1,850 | 2,245 | |||||||||||||||||
| Of Which Minority Interest | CZK mil | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||
| Liabilities | CZK mil | 1,506 | 1,572 | 1,555 | 1,537 | 1,700 | |||||||||||||||||
| Non-Current Liabilities | CZK mil | 0 | 0 | 0 | 0 | 84.8 | |||||||||||||||||
| Long-Term Debt | CZK mil | 70.4 | 0 | 17.4 | 34.9 | 117 | |||||||||||||||||
| Deferred Tax Liabilities | CZK mil | 0 | 0 | 0 | 0 | 84.8 | |||||||||||||||||
| Current Liabilities | CZK mil | 785 | 633 | 815 | 998 | 378 | |||||||||||||||||
| Short-Term Debt | CZK mil | 563 | 858 | 623 | 387 | 330 | |||||||||||||||||
| Trade Payables | CZK mil | 520 | 336 | 352 | 367 | 1,120 | |||||||||||||||||
| Provisions | CZK mil | 88.4 | 81.0 | 128 | 175 | 100 | |||||||||||||||||
| Equity And Liabilities | CZK mil | 2,623 | 1,748 | 2,568 | 3,387 | 3,945 | |||||||||||||||||
| growth rates | |||||||||||||||||||||||
| Total Asset Growth | % | ... | -15.7 | -33.4 | 46.9 | 31.9 | 16.5 | ||||||||||||||||
| Shareholders' Equity Growth | % | ... | -3.04 | -84.2 | 475 | 82.6 | 21.4 | ||||||||||||||||
| Net Debt Growth | % | ... | 13.9 | 29.6 | -42.6 | -74.2 | -152 | ||||||||||||||||
| Total Debt Growth | % | ... | -8.32 | 35.5 | -25.4 | -34.1 | 6.04 | ||||||||||||||||
| ratios | |||||||||||||||||||||||
| Total Debt | CZK mil | 633 | 858 | 640 | 422 | 448 | |||||||||||||||||
| Net Debt | CZK mil | 619 | 802 | 460 | 119 | -61.1 | |||||||||||||||||
| Working Capital | CZK mil | 641 | 700 | 1,161 | 1,622 | 1,047 | |||||||||||||||||
| Capital Employed | CZK mil | 1,994 | 1,273 | 1,967 | 2,660 | 2,262 | |||||||||||||||||
| Net Debt/Equity | % | 55.4 | 455 | 45.4 | 6.41 | -2.72 | |||||||||||||||||
| Cost of Financing | % | 6.45 | 51.0 | 21.0 | -12.3 | -12.8 |
| cash flow | Unit | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| cash flow | |||||||||||||||||||||||
| Net Profit | CZK mil | -39.6 | -940 | -326 | 288 | 448 | |||||||||||||||||
| Depreciation | CZK mil | 118 | 111 | 100 | 88.5 | 120 | |||||||||||||||||
| 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 | ... | ... | ... | ... | ... | ... | ... | |||||||||||||||
| 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 | 53.0 | 59.7 | 97.4 | 116 | 81.8 | |||||||||||||||||
| Days Sales Of Inventory | days | 148 | 176 | 124 | 98.1 | 132 | |||||||||||||||||
| Days Payable Outstanding | days | 94.2 | 80.9 | 56.6 | 44.4 | 125 | |||||||||||||||||
| Cash Conversion Cycle | days | 107 | 155 | 165 | 170 | 89.7 | |||||||||||||||||
| Cash Earnings | CZK mil | 78.7 | -828 | -226 | 376 | 568 | |||||||||||||||||
| Free Cash Flow | CZK mil | ... | ... | ... | ... | ... | ... | ... |
| other data | Unit | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| other data | |||||||||||||||||||||||
| ROA | % | -1.38 | -43.0 | -15.1 | 9.67 | 12.2 | |||||||||||||||||
| Gross Margin | % | 15.3 | 18.1 | 18.3 | 18.5 | 24.6 | |||||||||||||||||
| Cost Per Employee | USD per month | 2,048 | 1,742 | 1,911 | 1,884 | 1,662 | |||||||||||||||||
| Cost Per Employee (Local Currency) | CZK per month | 36,228 | 34,071 | 37,397 | 40,275 | 39,664 | |||||||||||||||||
| Staff Cost (As % Of Total Cost) | % | 19.4 | 18.5 | 14.5 | 11.7 | 17.4 | |||||||||||||||||
| Effective Tax Rate | % | 0 | 0 | 0.174 | -0.393 | -7.39 | |||||||||||||||||
| Domestic Sales | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | 944 | ||||||||||||
| Exports | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1,902 | ||||||||||||
| Production of Vehicles | vehicles | ... | ... | 702 | 496 | 763 | 821 | 858 | |||||||||||||||
| Sales of Vehicles | vehicles | ... | ... | ... | ... | ... | ... | ... | 697 | 531 | 722 | 850 | 858 | ||||||||||
| Sales of Vehicles At Home | vehicles | ... | ... | ... | ... | ... | ... | ... | 111 | 84.0 | ... | ... | ... | ... | ... | ||||||||
| Sales of Vehicles Abroad | vehicles | ... | ... | ... | ... | ... | ... | ... | 586 | 447 | ... | ... | ... | ... | ... | ||||||||
| Exports (As % Of Total Vehicles Sold) | % | ... | ... | ... | ... | ... | ... | ... | 84.1 | 84.2 | ... | ... | ... | ... | ... | ||||||||
| Sales in Slovakia | vehicles | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |||||
| Sales in India | vehicles | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||||
| Sales in Europe | vehicles | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||||
| Sales in Russia | vehicles | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||||
| Sales in Asia, America, Australia, Africa | vehicles | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||||
| Sales in the Czech Republic and Slovakia | vehicles | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||||
| Price Per Vehicle Sold | CZK | ... | ... | 3,386,020 | 3,735,620 | 3,639,490 | 4,507,910 | 5,075,510 | |||||||||||||||
| EBIT Per Vehicle Sold | CZK | ... | ... | 4,400 | -1,128,030 | -220,860 | 270,977 | 421,828 | |||||||||||||||
| Net Profit Per Vehicle Sold | CZK | ... | ... | -56,452 | -1,894,160 | -427,066 | 350,551 | 522,645 | |||||||||||||||
| Price Per Vehicle Sold (USD) | USD | ... | ... | 191,452 | 190,982 | 186,020 | 210,923 | 212,639 | |||||||||||||||
| EBIT Per Vehicle Sold (USD) | USD | ... | ... | 249 | -57,670 | -11,289 | 12,679 | 17,673 | |||||||||||||||
| Net Profit Per Vehicle Sold (USD) | USD | ... | ... | -3,192 | -96,838 | -21,828 | 16,402 | 21,896 | |||||||||||||||
| Sales From Vehicles | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | 2,846 | ||||||||||||
| Sales From Vehicles (As % Of Total) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | 65.4 | ||||||||||||
| Revenues From Abroad | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||||||||||
| Revenues From Abroad (As % Of Total) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Get all company financials in excel:
Tatra is a heavy truck manufacturer in Kopřivnice, Czech Republic. The company was founded in 1850. In 1897, Tatra produced the first motor car in central Europe, and one of the first cars in world, the Präsident automobile. Tatra is the third oldest car maker in the world after Daimler and Peugeot. During World War II Tatra was instrumental in the production of trucks, and tank engines for the German war effort. Production of passenger cars ceased in 1999, but the company still produces a range of primarily all-wheel-drive trucks. The brand is currently mainly known as a result of the legendary Czech truck racer Karel Loprais: in 1988-2001 he won the world's hardest off-road race Dakar Rally as many as six times with the Tatra 815. Despite of its great history, however, Tatra had been declared bankrupt in 2013. In March 2013, it has been sold for only USD 9 million.
Tatra Trucks has been growing its sales by a year on average in the last 5 years. EBITDA has grown by 264% during that time to total of CZK 737 mil in 2017, or 11.7% of sales. That’s compared to 8.34% average margin seen in last five years.
The company netted CZK 561 mil in 2017 implying ROE of 22.6% and ROCE of 12.7%. Again, the average figures were 6.61% and 8.02%, respectively when looking at the previous 5 years.
Tatra Trucks’s net debt amounted to CZK 2,157 mil at the end of 2017, or 81.5% of equity. When compared to EBITDA, net debt was 2.93x, up when compared to average of -0.538x seen in the last 5 years.
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