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

2021

11

14

40

8

20 10 3

2

108

Visitors (millions)(3)

Belgium

France

Canada

Spain

The Netherlands US Luxembourg

Switzerland

Total

2020 2.30 2.11 2.66 1.56 2.00 1.10 0.29 0.04 12.05
2021 3.21 3.22 3.60 2.52 1.96 2.20 0.42 0.06 17.18

2021 vs 2020

39.6%

52.9%

35.2%

61.8%

-2.3% 99.5% 46.9%

54.1%

42.6%

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

2017 2018 2019 2020 2021

Revenue

355,427 475,880 551,482 176,282 266,393

EBITDA

103,186 117,187 172,339 17,188 72,667

EBITDAL

    142,357 -13,981 38,510

Adjusted EBITDA

104,292 118,999 174,148 17,492 72,262

Adjusted EBITDAL

    144,166 -13,677 38,105

Gross result

113,395 130,229 157,596 -43,357 6,370

Operating result

72,915 79,130 101,037 -65,663 -6,545

Financial result

-8,213 -12,371 -23,726 -26,052 -28,362

Result before tax

64,702 66,759 77,311 -91,715 -34,907

Result

49,067 47,409 54,372 -69,111 -25,506

Adjusted result

44,745 47,522 56,003 -68,678 -24,926

Annual growth rates(4)

2017 2018 2019 2020 2021

Revenue

9.4% 33.9% 15.9% -68.0% 51.1%

EBITDA

12.6% 13.6% 47.1% -90.0% 322.8%

EBITDAL

      -109.8% 375.4%

Adjusted EBITDA

10.3% 14.1% 46.3% -90.0% 313.1%

Adjusted EBITDAL

      -109.5% 378.6%

Gross result

13.2% 14.8% 21.0% -127.5% 114.7%

Operating result

15.4% 8.5% 27.7% -165.0% 90.0%

Result

3.0% -3.4% 14.7% -227.1% 63.1%

Adjusted result

10.7% 6.2% 17.8% -222.6% 63.7%

 

 

 

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

2017 2018 2019 2020 2021

Non-current assets

514,518 558,150 1,149,043 1,097,121 1,079,631

Current assets

206,437 122,704 134,779 71,059 115,447

TOTAL ASSETS

720,955 680,854 1,283,822 1,168,180 1,195,078

Equity

176,394 177,617 211,253 126,496 120,649

Provisions and deferred tax liabilities

35,849 35,640 23,728 16,126 15,590

Non-current loans and borrowings

342,106 272,677 479,513 469,882 478,494
Non-current lease liabilities     383,052 358,317 354,271

Current loans and borrowings

39,873 69,790 10,099 76,599 71,557
Current lease liabilities     33,091 35,295 36,296

Trade and other payables

116,466 117,516 139,848 84,778 116,967

Others

10,267 7,614 3,238 687 1,254

TOTAL EQUITY AND LIABILITIES

720,955 680,854 1,283,822 1,168,180 1,195,078

(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) 2017 2018 2019 2020 2021
Revenue 13.05 17.67 20.52 6.56 9.90
EBITDA 3.79 4.35 6.41 0.64 2.70
EBITDAL     5.30 -0.52 1.43
Adjusted EBITDA 3.83 4.42 6.48 0.65 2.69
Adjusted EBITDAL     5.36 -0.51 1.42
Result 1.80 1.76 2.02 -2.56 -0.94
Adjusted result 1.64 1.76 2.08 -2.55 -0.92
Equity share of the Group 6.48 6.59 7.85 4.71 4.49
Gross Dividend (6) 0.90 0.92      
Pay-out ratio 50 % 52 %      

Profitability ratios

2017 2018 2019 2020 2021

EBITDA / Revenue

29.0 % 24.6 % 31.3 % 9.8 % 27.3%
EBITDAL/Revenue     25.8 % -7.9 % 14.5%
Adjusted EBITDA / Revenue 29.3 % 25.0 % 31.6 % 9.9 % 27.1%
Adjusted EBITDAL / Revenue     26.1 % -7.8 % 14.3%

Gross result / Revenue

31.9 % 27.4 % 28.6 % -24.6 % 2.4%

Operating result / Revenue

20.5 % 16.6 % 18.3 % -37.2 % -2.5%

Result / Revenue

13.8 % 10.0 % 9.9 % -39.2 % -9.6%

Financial structure ratios

2017 2018 2019 2020 2021

Net financial debt

224,310 276,818 833,093 906,892 865,032

Net financial debt / EBITDA

2.17 2.36 4.83 52.76 11.90
Net financial debt / Adjusted EBITDA 2.15 2.33 4.78 51.85 11.97

Net financial debt / Equity

1.27 1.56 3.94 7.17 7.17

Equity / Total equity and liabilities

24.5 % 26.1 % 16.5% 10.8 % 10.1%

Current Ratio

1.30 0.67 0.75 0.37 0.52

ROCE

17.3 % 16.3 % 12.9 % -6.1 % -0.6%

Financial structure ratios excl. lease liabilities

2017

2018

2019

2020

2021
Net financial debt     416,950 513,281 474,465
Net financial debt / EBITDAL     2.93 -36.71 12.32
Net financial debt / Adjusted EBITDAL     2.89 -37.53 12.45
Net financial debt / Equity     1.97 4.06 3.93
Equity / Total equity and liabilities     24.3 % 16.3 % 15.0%
Current Ratio     0.92 0.46 0.63
ROCE excl. IFRS 16     16.2 % -10.1 % -1.9%

(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