Key Figures and ratios

Glossary and APM's

Number of complexes (1)(2)

Belgium

France

Canada

Spain

The Netherlands US Luxembourg

other
(Switzerland & Poland)

Total

2020

11

14

46

8

20 10 3

2

114

Visitors (millions)(3)

Belgium

France

Canada

Spain

The Netherlands US Luxembourg

Switzerland

Total

2019 8.12 7.39 11.66 6.18 4.53 1.37 0.98 0.11 40.34
2020 2.30 2.11 2.66 1.56 2.00 1.10 0.29 0.04 12.05

2020 vs 2019

-71.7%

-71.5%

-77.2%

-74.8%

-55.7% -19.6% -70.8%

-65.7%

-70.1%

Consolidated income statement (in ’000 €)(4)

2016 2017 2018 2019 2020

Revenue

324,938 355,427 475,880 551,482 176,282

EBITDA

91,650 103,186 117,187 172,339 17,188

EBITDAL

      142,357 -13,981

Adjusted EBITDA

94,574 104,292 118,999 174,148 17,492

Adjusted EBITDAL

      144,166 -13,677

Gross result

100,209 113,395 130,229 157,596 -43,357

Operating result

63,207 72,915 79,130 101,037 -65,663

Financial result

-7,619 -8,213 -12,371 -23,726 -26,052

Result before tax

55,588 64,702 66,759 77,311 -91,715

Result

47,646 49,067 47,409 54,372 -69,111

Adjusted result

40,413 44,745 47,522 56,003 -68,678

Annual growth rates(4)

2016 2017 2018 2019 2020

Revenue

7.7 % 9.4 % 33.9 % 15.9 % -68.0 %

EBITDA

3.3 % 12.6 % 13.6 % 47.1 % -90.0 %

EBITDAL

        -109.8 %

Adjusted EBITDA

4.0 % 10.3 % 14.1 % 46.3 % -90.0 %

Adjusted EBITDAL

        -109.5 %

Gross result

0.6 % 13.2 % 14.8 % 21.0 % -127.5 %

Operating result

-3.1 % 15.4 % 8.5 % 27.7 % -165.0 %

Result

47.7 % 3.0 % -3.4 % 14.7 % -227.1 %

Adjusted result

-6.5 % 10.7 % 6.2 % 17.8 % -222.6 %

 

 

 

Consolidated Balance Sheet (in '000 €)(4)

2016 2017 2018 2019 2020

Non-current assets

424,122 514,518 558,150 1,149,043 1,097,121

Current assets

79,324 206,437 122,704 134,779 71,059

TOTAL ASSETS

503,446 720,955 680,854 1,283,822 1,168,180

Equity

149,898 176,394 177,617 211,253 126,496

Provisions and deferred tax liabilities

25,531 35,849 35,640 23,728 16,126

Non-current loans and borrowings

207,278 342,106 272,677 479,513 469,882
Non-current lease liabilities       383,052 358,317

Current loans and borrowings

6,996 39,873 69,790 10,099 76,599
Current lease liabilities       33,091 35,295

Trade and other payables

100,160 116,466 117,516 139,848 84,778

Others

13,582 10,267 7,614 3,238 687

TOTAL EQUITY AND LIABILITIES

503,446 720,955 680,854 1,283,822 1,168,180

(1) Including Cinema City Poznan (Poland), operated by Cineworld.
(2) Number of cinemas on publication date
(3) Excluding Cinema City Poznan (Poland)
(4) As of 1 January 2019 IFRS 16: Leases is applied.

Data per share (4)(5) 2016 2017 2018 2019 2020
Revenue 11.94 13.05 17.67 20.52 6.56
EBITDA 3.37 3.79 4.35 6.41 0.64
EBITDAL       5.30 -0.52
Adjusted EBITDA 3.48 3.83 4.42 6.48 0.65
Adjusted EBITDAL       5.36 -0.51
Result 1.75 1.80 1.76 2.02 -2.56
Adjusted result 1.48 1.64 1.76 2.08 -2.55
Equity share of the Group 5.51 6.48 6.59 7.85 4.71
Gross Dividend (6) 0.87 0.90 0.92    
Pay-out ratio 50 % 50 % 52 %    

Profitability ratios

2016 2017 2018 2019 2020

EBITDA / Revenue

28.2 % 29.0 % 24.6 % 31.3 % 9.8 %
EBITDAL/Revenue       25.8 % -7.9 %
Adjusted EBITDA / Revenue 29.1 % 29.3 % 25.0 % 31.6 % 9.9 %
Adjusted EBITDAL / Revenue       26.1 % -7.8 %

Gross result / Revenue

30.8 % 31.9 % 27.4 % 28.6 % -24.6 %

Operating result / Revenue

19.5 % 20.5 % 16.6 % 18.3 % -37.2 %

Result / Revenue

14.7 % 13.8 % 10.0 % 9.9 % -39.2 %

Financial structure ratios

2016 2017 2018 2019 2020

Net financial debt

169,751 224,310 276,818 833,093 906,892

Net financial debt / EBITDA

1.85 2.17 2.36 4.83 52.76
Net financial debt / Adjusted EBITDA 1.79 2.15 2.33 4.78 51.85

Net financial debt / Equity

1.13 1.27 1.56 3.94 7.17

Equity / Total equity and liabilities

29.8 % 24.5 % 26.1 % 16.5% 10.8 %

Current Ratio

0.71 1.30 0.67 0.75 0.37

ROCE

17.9 % 17.3 % 16.3 % 12.9 % -6.1 %

Financial structure ratios excl. lease liabilities

2016

2017

2018

2019

2020

Net financial debt       416,950 513,281
Net financial debt / EBITDAL       2.93 -36.71
Net financial debt / Adjusted EBITDAL       2.89 -37.53
Net financial debt / Equity       1.97 4.06
Equity / Total equity and liabilities       24.3 % 16.3 %
Current Ratio       0.92 0.46
ROCE excl. IFRS 16       16.2 % -10.1 %

(5) Calculated based on the weighted average number of shares for the relevant period.
(6) Calculated based on the number of shares eligible for dividend.

Contact

Kinepolis Group NV
Schelde 1
Moutstraat 132-146
B-9000 Gent

+32 9 241 00 00