Figures and ratios

Number of complexes (1)

Belgium

France

Spain

Netherlands Luxembourg

other
(Switzerland & Poland)

Total

2016

12

11

6

15 3

2

49

Visitors (millions) (2)

Belgium

France

Spain

Netherlands Luxembourg

Switzerland

Total

2015 9.2 6.4 4.4 1.7 0.3 0.1 22.1
2016 8.4 7.0 4.4 2.8 1.1 0.1 23.8

2016 vs 2015

-8.2%

9.3%

1.0%

56.9% 309.3%

-10.0%

7.5%

Consolidated income statement (in ’000 €)

2012 2013 2014 2015 2016

Revenue

254,505 245,980 262,619 301,571 324,938

EBITDA

72,252 75,006 71,303 88,739 91,650

REBITDA

74,001 74,634 74,264 90,958 94,574

Gross profit

82,221 82,111 81,843 99,578 100,209

Operating profit

51,673 55,069 50,665 65,245 63,207

Net finance expense

-5,859 -5,998 -4,295 -7,754 -7,619

Profit before tax

45,814 49,071 46,370 57,491 55,588

Profit

35,704 37,541 35,167 32,255 47,646

Current profit

37,405 37,395 35,589 43,207 40,413

Annual growth rates

2012 2013 2014 2015 2016

Revenue

0.3 % -3.3 % 6.8 % 14.8 % 7.7 %

EBITDA

-3.1 % 3.8 % -4.9 % 24.5 % 3.3 %

REBITDA

3.2 % 0.9 % -0.5 % 22.5 % 4.0 %

Gross profit

3.2 % -0.1 % -0.3 % 21.7 % 0.6 %

Operating profit

-3.1 % 6.6 % -8.0 % 28.8 % -3.1 %

Profit

-2.1 % 5.1 % -6.3 % -8.3 % 47.7 %

Current profit

6.3 % 0.0 % -4.8 % 21.4 % -6.5 %

Consolidated statement of financial position (in '000 €)

2012 2013 2014 2015 2016

Non-current assets

261,868 255,239 302,068 392,075 424,122

Current assets

65,703 55,072 44,996 98,624 79,324

TOTAL ASSETS

327,571 310,311 347,064 490,699 503,446

Equity, including minority interests

108,668 104,657 104,732 123,033 149,898

Provisions (current and non-current) and deferred tax liabilities

21,466 20,525 18,352 27,029 25,531

Loans and borrowings (non-current)

81,709 87,917 91,471 214,000 207,278

Loans and borrowings (current) and bank overdrafts

37,731 19,332 44,095 8,714 6,996

Trade and other payables (current and non-current)

72,949 70,487 79,651 97,090 100,160

Other

5,048 7,393 8,763 20,833 13,582

TOTAL EQUITY AND LIABILITIES

327,571 310,311 347,064 490,699 503,446

(1) Including Cinema City Poznan (Poland), operated by Cineworld and UGC Toison d'Or (Belgium); operated by UGC.
(2) Excluding Cinema City Poznan (Poland) and UGC Toison d'Or (Belgium)

Data per share (3) 2012 2013 2014 2015 2016
Revenue 8.77 9.06 9.99 11.26 11.94
EBITDA 2.49 2.76 2.71 3.31 3.37
REBITDA 2.55 2.75 2.82 3.40 3.48
Profit 1.23 1.38 1.34 1.20 1.75
Current profit 1.29 1.38 1.35 1.61 1.48
Equity share of the Group 3.75 3.85 3.89 4.59 5.51
Gross Dividend (4)(5) 0.47 0.64 0.85 0.79 0.87
Pay-out ratio 35 % 45 % 50 % 50 % 50 %

Profitability ratios

2012 2013 2014 2015 2016

EBITDA / Revenue

28.4 % 30.5 % 27.2 % 29.4 % 28.2 %
REBITDA / Revenue 29.1 % 30.3 % 28.3 % 30.2 % 29.1 %

Gross profit / Revenue

32.3 % 33.4 % 31.2 % 33.0 % 30.8 %

Operating profit / Revenue

20.3 % 22.4 % 19.3 % 21.6 % 19.5 %

Profit / Revenue

14.0 % 15.3 % 13.4 % 10.7 % 14.7 %

Financial structure ratios

2012 2013 2014 2015 2016

Net financial debt

90,200 88,141 118,645 162,008 169,751

Net financial debt / EBITDA

1.25 1.18 1.66 1.83 1.85
Net financial debt / REBITDA 1.22 1.18 1.60 1.78 1.79

Net financial debt / Equity

0.83 0.84 1.13 1.32 1.13

Equity / Balance sheet total

33.2% 33.7 % 30.2 % 25.1 % 29.8 %

Current Ratio

0.61 0.62 0.36 0.85 0.71

ROCE

21.8 % 22.9 % 20.9 % 21.5 % 17.9 %

(3) Calculation based on the weighted average number of shares for the relevant period, multiplied by five for the periods 2011 through 2013, to take into account the share split in 2014 and enable a comparison of data.
(4) Calculation based on the number of dividend eligible shares.  For the periods 2011 up to 2013 split into five bearing in mind the share split as from 1 July 2014, in view of comparability.
(5) An additional exceptional dividend of € 0.20 per share was paid out for the fiscal year 2014.

Contact

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

info@kinepolis.com
+32 9 241 00 00