Figures and ratios

Number of complexes (1)(2)

Belgium

France

Canada

Spain

Netherlands Luxembourg

other
(Switzerland & Poland)

Total

2017

11

11

44

6

17 3

2

94

Visitors (millions) (3)

Belgium

France

Canada

Spain

Netherlands Luxembourg

Switzerland

Total

2016 8.4 7.0 0.0 4.4 2.8 1.1 0.1 23.8
2017 8.4 7.1 1.1 4.4 3.2 1.0 0.1 25.3

2017 vs 2016

0.0%

0.2%

 

-0.5%

15.4% -0.8%

-4.0%

6.2%

Consolidated income statement (in ’000 €)

2013 2014 2015 2016 2017

Revenue

245,980 262,619 301,571 324,938 355,427

EBITDA

75,006 71,303 88,739 91,650 103,186

REBITDA

74,634 74,264 90,958 94,574 104,292

Gross profit

82,111 81,843 99,578 100,209 113,395

Operating profit

55,069 50,665 65,245 63,207 72,915

Net finance expense

-5,998 -4,295 -7,754 -7,619 -8,213

Profit before tax

49,071 46,370 57,491 55,588 64,702

Profit

37,541 35,167 32,255 47,646 49,067

Current profit

37,395 35,589 43,207 40,413 44,745

Annual growth rates

2013 2014 2015 2016 2017

Revenue

-3.3 % 6.8 % 14.8 % 7.7 % 9.4 %

EBITDA

3.8 % -4.9 % 24.5 % 3.3 % 12.6 %

REBITDA

0.9 % -0.5 % 22.5 % 4.0 % 10.3 %

Gross profit

-0.1 % -0.3 % 21.7 % 0.6 % 13.2 %

Operating profit

6.6 % -8.0 % 28.8 % -3.1 % 15.4 %

Profit

5.1 % -6.3 % -8.3 % 47.7 % 3.0 %

Current profit

0.0 % -4.8 % 21.4 % -6.5 % 10.7 %

Consolidated statement of financial position (in '000 €)

2013 2014 2015 2016 2017

Non-current assets

255,239 302,068 392,075 424,122 514,518

Current assets

55,072 44,996 98,624 79,324 206,437

TOTAL ASSETS

310,311 347,064 490,699 503,446 720,955

Equity

104,657 104,732 123,033 149,898 176,394

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

20,525 18,352 27,029 25,531 35,849

Loans and borrowings (non-current)

87,917 91,471 214,000 207,278 342,106

Loans and borrowings (current) and bank overdrafts

19,332 44,095 8,714 6,996 39,873

Trade and other payables (current and non-current)

70,487 79,651 97,090 100,160 116,466

Other

7,393 8,763 20,833 13,582 10,267

TOTAL EQUITY AND LIABILITIES

310,311 347,064 490,699 503,446 720,955

(1) Including Cinema City Poznan (Poland), operated by Cineworld.
(2) Number of complexes at the date of publication of the annual report
(3) Excluding Cinema City Poznan (Poland)

Data per share (4) 2013 2014 2015 2016 2017
Revenue 9.06 9.99 11.26 11.94 13.05
EBITDA 2.76 2.71 3.31 3.37 3.79
REBITDA 2.75 2.82 3.40 3.48 3.83
Profit 1.38 1.34 1.20 1.75 1.80
Current profit 1.38 1.35 1.61 1.48 1.64
Equity share of the Group 3.85 3.89 4.59 5.51 6.48
Gross Dividend (5)(6) 0.64 0.85 0.79 0.87 0.90
Pay-out ratio 45 % 50 % 50 % 50 % 50 %

Profitability ratios

2013 2014 2015 2016 2017

EBITDA / Revenue

30.5 % 27.2 % 29.4 % 28.2 % 29.0 %
REBITDA / Revenue 30.3 % 28.3 % 30.2 % 29.1 % 29.3 %

Gross profit / Revenue

33.4 % 31.2 % 33.0 % 30.8 % 31.9 %

Operating profit / Revenue

22.4 % 19.3 % 21.6 % 19.5 % 20.5 %

Profit / Revenue

15.3 % 13.4 % 10.7 % 14.7 % 13.8 %

Financial structure ratios

2013 2014 2015 2016 2017

Net financial debt

88,141 118,645 162,008 169,751 224,310

Net financial debt / EBITDA

1.18 1.66 1.83 1.85 2.17
Net financial debt / REBITDA 1.18 1.60 1.78 1.79 2.15

Net financial debt / Equity

0.84 1.13 1.32 1.13 1.27

Equity / Balance sheet total

33.7 % 30.2 % 25.1 % 29.8 % 24.5 %

Current Ratio

0.62 0.36 0.85 0.71 1.30

ROCE

22.9 % 20.9 % 21.5 % 17.9 % 17.3 %

(4) 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.
(5) Calculation based on the number of dividend eligible shares.  For the year 2013 split into five bearing in mind the share split as from 1 July 2014, in view of comparability.
(6) 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

+32 9 241 00 00