0 XP   0   0   0

Kinepolis Group NV
Buy, Hold or Sell?

Should you buy, hold or sell Kinepolis?

I guess you are interested in Kinepolis Group NV. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

Let's analyse Kinepolis

Let's start. I'm going to help you getting a better view of Kinepolis Group NV. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

  1. Company's Financial Health
    A deep dive into the books. How are the numbers doing? Is Kinepolis Group NV even making a profit? Is the company skyrocketing? Or is it sinking like the Titanic. The trend is your friend.
  2. Market Valuation
    Finally, you now have an insight of how Kinepolis Group NV is doing in the market. If the company is worth buying. The latest step is to find out how other investors value Kinepolis Group NV. The closing price on 2023-01-27 was €39.62 per share. Is the company over- or underpriced?
  3. Key Performance Indicators
    A total overlook on how the company is doing. Based on the (trends in) the key performance indicators.
Kinepolis Group NV Daily Candlestick Chart
Kinepolis Group NV Daily Candlestick Chart
Summary









1. Valuation of Kinepolis




Current price per share

€39.62

2. Growth of Kinepolis




Is Kinepolis growing?

Current yearPrevious yearGrowGrow %
How rich?$131.1m$137.4m-$6.3m-4.8%

How much money is Kinepolis making?

Current yearPrevious yearGrowGrow %
Making money-$27.6m-$74.8m$47.2m171.2%
Net Profit Margin-9.5%-39.1%--

How much money comes from the company's main activities?

3. Financial Health of Kinepolis




Comparing to competitors in the Entertainment industry




  Industry Rankings (Entertainment)  


Richest
#171 / 278

Most Revenue
#128 / 278

Most Profit
#186 / 278

Most Efficient
#155 / 278


Summary

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

1.1. Profitability of Kinepolis Group NV.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Kinepolis earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare Kinepolis to the Entertainment industry mean.
  • A Net Profit Margin of -9.5% means that €-0.10 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Kinepolis Group NV:

  • The MRQ is -9.5%. The company is making a loss. -1
  • The TTM is -9.5%. The company is making a loss. -1
Trends
Current periodCompared to+/- 
MRQ-9.5%TTM-9.5%0.0%
TTM-9.5%YOY-39.1%+29.5%
TTM-9.5%5Y-3.0%-6.5%
5Y-3.0%10Y5.3%-8.3%
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
MRQ-9.5%-1.8%-7.7%
TTM-9.5%-3.9%-5.6%
YOY-39.1%-9.6%-29.5%
5Y-3.0%-7.6%+4.6%
10Y5.3%-5.5%+10.8%
1.1.2. Return on Assets

Shows how efficient Kinepolis is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Kinepolis to the Entertainment industry mean.
  • -2.1% Return on Assets means that Kinepolis generated €-0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Kinepolis Group NV:

  • The MRQ is -2.1%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -2.1%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-2.1%TTM-2.1%0.0%
TTM-2.1%YOY-5.9%+3.8%
TTM-2.1%5Y2.0%-4.1%
5Y2.0%10Y5.9%-3.9%
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
MRQ-2.1%0.2%-2.3%
TTM-2.1%0.1%-2.2%
YOY-5.9%-0.3%-5.6%
5Y2.0%-0.4%+2.4%
10Y5.9%-0.1%+6.0%
1.1.3. Return on Equity

Shows how efficient Kinepolis is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Kinepolis to the Entertainment industry mean.
  • -21.0% Return on Equity means Kinepolis generated €-0.21 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Kinepolis Group NV:

  • The MRQ is -21.0%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -21.0%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-21.0%TTM-21.0%0.0%
TTM-21.0%YOY-54.5%+33.4%
TTM-21.0%5Y1.0%-22.0%
5Y1.0%10Y16.5%-15.6%
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
MRQ-21.0%0.7%-21.7%
TTM-21.0%0.3%-21.3%
YOY-54.5%-0.4%-54.1%
5Y1.0%-0.9%+1.9%
10Y16.5%-0.2%+16.7%

1.2. Operating Efficiency of Kinepolis Group NV.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Kinepolis is operating .

  • Measures how much profit Kinepolis makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Kinepolis to the Entertainment industry mean.
  • An Operating Margin of -2.1% means the company generated €-0.02  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Kinepolis Group NV:

  • The MRQ is -2.1%. The company is operating very inefficient. -2
  • The TTM is -2.1%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-2.1%TTM-2.1%0.0%
TTM-2.1%YOY-37.8%+35.7%
TTM-2.1%5Y2.9%-5.0%
5Y2.9%10Y11.9%-9.0%
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
MRQ-2.1%1.0%-3.1%
TTM-2.1%-1.1%-1.0%
YOY-37.8%-6.4%-31.4%
5Y2.9%-5.9%+8.8%
10Y11.9%-4.3%+16.2%
1.2.2. Operating Ratio

Measures how efficient Kinepolis is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Entertainment industry mean).
  • An Operation Ratio of 1.02 means that the operating costs are €1.02 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of Kinepolis Group NV:

  • The MRQ is 1.025. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.025. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.025TTM1.0250.000
TTM1.025YOY1.450-0.426
TTM1.0255Y0.984+0.040
5Y0.98410Y0.888+0.096
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0251.265-0.240
TTM1.0251.236-0.211
YOY1.4501.380+0.070
5Y0.9841.225-0.241
10Y0.8881.087-0.199

1.3. Liquidity of Kinepolis Group NV.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Kinepolis is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Entertainment industry mean).
  • A Current Ratio of 0.52 means the company has €0.52 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Kinepolis Group NV:

  • The MRQ is 0.523. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.523. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.523TTM0.5230.000
TTM0.523YOY0.372+0.151
TTM0.5235Y0.724-0.200
5Y0.72410Y0.677+0.047
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5231.128-0.605
TTM0.5231.171-0.648
YOY0.3721.237-0.865
5Y0.7241.201-0.477
10Y0.6771.028-0.351
1.3.2. Quick Ratio

Measures if Kinepolis is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Kinepolis to the Entertainment industry mean.
  • A Quick Ratio of 0.48 means the company can pay off €0.48 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Kinepolis Group NV:

  • The MRQ is 0.475. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.475. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.475TTM0.4750.000
TTM0.475YOY0.349+0.126
TTM0.4755Y0.674-0.199
5Y0.67410Y0.593+0.081
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4750.654-0.179
TTM0.4750.648-0.173
YOY0.3490.619-0.270
5Y0.6740.644+0.030
10Y0.5930.639-0.046

1.4. Solvency of Kinepolis Group NV.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Kinepolis assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Kinepolis to Entertainment industry mean.
  • A Debt to Asset Ratio of 0.90 means that Kinepolis assets are financed with 89.9% credit (debt) and the remaining percentage (100% - 89.9%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Kinepolis Group NV:

  • The MRQ is 0.899. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.899. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.899TTM0.8990.000
TTM0.899YOY0.892+0.007
TTM0.8995Y0.824+0.075
5Y0.82410Y0.760+0.064
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8990.571+0.328
TTM0.8990.574+0.325
YOY0.8920.577+0.315
5Y0.8240.547+0.277
10Y0.7600.528+0.232
1.4.2. Debt to Equity Ratio

Measures if Kinepolis is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Kinepolis to the Entertainment industry mean.
  • A Debt to Equity ratio of 890.0% means that company has €8.90 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Kinepolis Group NV:

  • The MRQ is 8.900. The company is unable to pay all its debts with equity. -1
  • The TTM is 8.900. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ8.900TTM8.9000.000
TTM8.900YOY8.235+0.664
TTM8.9005Y5.629+3.271
5Y5.62910Y3.978+1.650
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
MRQ8.9001.190+7.710
TTM8.9001.192+7.708
YOY8.2351.287+6.948
5Y5.6291.219+4.410
10Y3.9781.194+2.784

2. Market Valuation of Kinepolis Group NV

2. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every €1 in earnings Kinepolis generates.

  • Above 15 is considered overpriced but always compare Kinepolis to the Entertainment industry mean.
  • A PE ratio of -58.30 means the investor is paying €-58.30 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Kinepolis Group NV:

  • The EOD is -42.149. Company is losing money. -2
  • The MRQ is -58.298. Company is losing money. -2
  • The TTM is -58.298. Company is losing money. -2
Trends
Current periodCompared to+/- 
EOD-42.149MRQ-58.298+16.149
MRQ-58.298TTM-58.2980.000
TTM-58.298YOY-13.702-44.596
TTM-58.2985Y3.253-61.551
5Y3.25310Y25.621-22.367
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
EOD-42.1490.526-42.675
MRQ-58.2980.670-58.968
TTM-58.29815.411-73.709
YOY-13.702-4.506-9.196
5Y3.2535.305-2.052
10Y25.62113.841+11.780
2.2. Price Earnings to Growth Ratio

Measures the predicted future growth of Kinepolis.

  • Lower is better.
  • A PEG ratio of 1 means the market price of the stock and the expected future earnings are on par.

Let's take a look of the Price Earnings to Growth Ratio trends of Kinepolis Group NV:

  • The MRQ is -35.779. Very Bad. -2
  • The TTM is -35.779. Very Bad. -2
Trends
Current periodCompared to+/- 
MRQ-35.779TTM-35.7790.000
TTM-35.779YOY10.842-46.621
TTM-35.7795Y11.892-47.671
5Y11.89210Y28.076-16.184
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
MRQ-35.7790.142-35.921
TTM-35.7790.054-35.833
YOY10.8420.026+10.816
5Y11.8920.044+11.848
10Y28.0760.123+27.953

2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Kinepolis is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Entertainment industry mean).
  • A PB ratio of 12.27 means the investor is paying €12.27 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Kinepolis Group NV:

  • The EOD is 8.873. Seems overpriced? -1
  • The MRQ is 12.273. Seems overpriced? -1
  • The TTM is 12.273. Seems overpriced? -1
Trends
Current periodCompared to+/- 
EOD8.873MRQ12.273-3.400
MRQ12.273TTM12.2730.000
TTM12.273YOY7.461+4.812
TTM12.2735Y8.670+3.603
5Y8.67010Y12.240-3.570
Compared to industry (Entertainment)
PeriodCompanyIndustry (mean)+/- 
EOD8.8731.102+7.771
MRQ12.2731.274+10.999
TTM12.2731.600+10.673
YOY7.4611.554+5.907
5Y8.6701.444+7.226
10Y12.2401.224+11.016
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Kinepolis Group NV compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.193-0.1930%-3.142+1532%-0.207+8%0.044-535%
Book Value Growth--0.9540.9540%0.599+59%0.985-3%1.009-6%
Book Value Per Share--4.4654.4650%4.658-4%5.993-26%5.119-13%
Book Value Per Share Growth--0.9590.9590%0.597+61%0.987-3%1.029-7%
Current Ratio--0.5230.5230%0.372+41%0.724-28%0.677-23%
Debt To Asset Ratio--0.8990.8990%0.892+1%0.824+9%0.760+18%
Debt To Equity Ratio--8.9008.9000%8.235+8%5.629+58%3.978+124%
Dividend Per Share----0%-0%0.538-100%0.576-100%
Eps---0.940-0.9400%-2.536+170%0.417-326%0.884-206%
Eps Growth--1.6291.6290%-1.264+178%0.703+132%0.908+79%
Free Cash Flow Per Share--2.6492.6490%-2.412+191%1.220+117%1.186+123%
Free Cash Flow Per Share Growth--3.0983.0980%-0.771+125%2.114+47%1.456+113%
Free Cash Flow To Equity Per Share--1.4601.4600%-1.448+199%2.137-32%1.304+12%
Free Cash Flow To Equity Per Share Growth--3.0083.0080%-0.225+107%3.173-5%3.347-10%
Gross Profit Margin--1.5621.5620%1.157+35%0.887+76%0.718+117%
Intrinsic Value_10Y_max--49.609--------
Intrinsic Value_10Y_min--10.163--------
Intrinsic Value_1Y_max--3.156--------
Intrinsic Value_1Y_min--1.107--------
Intrinsic Value_3Y_max--10.867--------
Intrinsic Value_3Y_min--3.268--------
Intrinsic Value_5Y_max--20.245--------
Intrinsic Value_5Y_min--5.351--------
Net Profit Margin---0.095-0.0950%-0.391+310%-0.030-69%0.053-280%
Operating Margin---0.021-0.0210%-0.378+1700%0.029-173%0.119-118%
Operating Ratio--1.0251.0250%1.450-29%0.984+4%0.888+15%
Pb Ratio8.873-38%12.27312.2730%7.461+64%8.670+42%12.240+0%
Pe Ratio-42.149+28%-58.298-58.2980%-13.702-76%3.253-1892%25.621-328%
Peg Ratio---35.779-35.7790%10.842-430%11.892-401%28.076-227%
Price Per Share39.620-38%54.80054.8000%34.750+58%50.642+8%56.766-3%
Price To Total Gains Ratio-205.730+28%-284.553-284.5530%-11.059-96%-37.906-87%-309.950+9%
Profit Growth--1.6311.6310%-1.267+178%0.701+133%0.887+84%
Quick Ratio--0.4750.4750%0.349+36%0.674-30%0.593-20%
Return On Assets---0.021-0.0210%-0.059+177%0.020-207%0.059-136%
Return On Equity---0.210-0.2100%-0.545+159%0.010-2300%0.165-227%
Revenue Growth--1.5111.5110%0.320+373%1.084+39%1.069+41%
Total Gains Per Share---0.193-0.1930%-3.142+1532%0.331-158%0.620-131%
Total Gains Per Share Growth--1.9391.9390%-1.470+176%0.834+132%3.398-43%
Usd Book Value--131133398.100131133398.1000%137488502.400-5%176601468.420-26%152535219.930-14%
Usd Book Value Change Per Share---0.209-0.2090%-3.415+1532%-0.225+8%0.048-535%
Usd Book Value Per Share--4.8534.8530%5.062-4%6.514-26%5.564-13%
Usd Dividend Per Share----0%-0%0.585-100%0.626-100%
Usd Eps---1.022-1.0220%-2.757+170%0.453-326%0.961-206%
Usd Free Cash Flow--77785085.40077785085.4000%-71191950.000+192%35880308.040+117%35655754.500+118%
Usd Free Cash Flow Per Share--2.8792.8790%-2.621+191%1.326+117%1.289+123%
Usd Free Cash Flow To Equity Per Share--1.5871.5870%-1.573+199%2.322-32%1.417+12%
Usd Price Per Share43.063-38%59.56259.5620%37.770+58%55.043+8%61.699-3%
Usd Profit---27606173.100-27606173.1000%-74864585.100+171%12281317.860-325%26608398.900-204%
Usd Revenue--289542551.700289542551.7000%191600905.800+51%396819364.320-27%349446719.130-17%
Usd Total Gains Per Share---0.209-0.2090%-3.415+1532%0.360-158%0.674-131%
 EOD+3 -2MRQTTM+0 -0YOY+32 -85Y+14 -2810Y+14 -28

3.2. Fundamental Score

Let's check the fundamental score of Kinepolis Group NV based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-42.149
Price to Book Ratio (EOD)Between0-18.873
Net Profit Margin (MRQ)Greater than0-0.095
Operating Margin (MRQ)Greater than0-0.021
Quick Ratio (MRQ)Greater than10.475
Current Ratio (MRQ)Greater than10.523
Debt to Asset Ratio (MRQ)Less than10.899
Debt to Equity Ratio (MRQ)Less than18.900
Return on Equity (MRQ)Greater than0.15-0.210
Return on Assets (MRQ)Greater than0.05-0.021
Total1/10 (10.0%)

3.3. Technical Score

Let's check the technical score of Kinepolis Group NV based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5050.508
Ma 20Greater thanMa 5039.748
Ma 50Greater thanMa 10038.714
Ma 100Greater thanMa 20038.760
OpenGreater thanClose40.200
Total3/5 (60.0%)



Latest Balance Sheet

Balance Sheet of 2021-12-31. Currency in EUR. All numbers in thousands.

Summary
Total Assets1,195,078
Total Liabilities1,074,429
Total Stockholder Equity120,728
 As reported
Total Liabilities 1,074,429
Total Stockholder Equity+ 120,728
Total Assets = 1,195,078

Assets

Total Assets1,195,078
Total Current Assets115,447
Long-term Assets115,447
Total Current Assets
Cash And Cash Equivalents 75,295
Net Receivables 29,540
Inventory 4,980
Total Current Assets  (as reported)115,447
Total Current Assets  (calculated)109,815
+/- 5,632
Long-term Assets
Property Plant Equipment 851,407
Goodwill 169,498
Intangible Assets 11,129
Other Assets 47,570
Long-term Assets  (as reported)1,079,631
Long-term Assets  (calculated)1,079,604
+/- 27

Liabilities & Shareholders' Equity

Total Current Liabilities220,650
Long-term Liabilities853,779
Total Stockholder Equity120,728
Total Current Liabilities
Short-term Debt 107,865
Short Long Term Debt 71,569
Accounts payable 111,543
Other Current Liabilities 358
Total Current Liabilities  (as reported)220,650
Total Current Liabilities  (calculated)291,335
+/- 70,685
Long-term Liabilities
Long term Debt 478,494
Capital Lease Obligations 390,567
Other Liabilities 20,986
Long-term Liabilities  (as reported)853,779
Long-term Liabilities  (calculated)890,047
+/- 36,268
Total Stockholder Equity
Common Stock18,952
Other Stockholders Equity 101,776
Total Stockholder Equity (as reported)120,728
Total Stockholder Equity (calculated)120,728
+/-0
Other
Capital Stock18,952
Cash and Short Term Investments 75,295
Common Stock Shares Outstanding 27,020
Liabilities and Stockholders Equity 1,195,157
Net Debt 865,335
Net Invested Capital 670,791
Net Tangible Assets -59,899
Net Working Capital -105,203
Short Long Term Debt Total 940,630



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-312005-12-312004-12-312003-12-312002-12-31
> Total Assets 
358,227
329,210
316,786
366,036
350,774
363,884
352,383
343,537
326,040
326,953
327,571
310,311
347,064
490,699
503,446
720,955
680,854
1,283,822
1,168,180
1,195,078
1,195,0781,168,1801,283,822680,854720,955503,446490,699347,064310,311327,571326,953326,040343,537352,383363,884350,774366,036316,786329,210358,227
   > Total Current Assets 
77,656
65,862
66,750
49,328
38,281
43,403
44,726
55,384
44,184
54,814
65,703
55,072
44,996
98,624
79,324
206,437
122,704
134,779
71,059
115,447
115,44771,059134,779122,704206,43779,32498,62444,99655,07265,70354,81444,18455,38444,72643,40338,28149,32866,75065,86277,656
       Cash And Cash Equivalents 
12,732
12,282
23,963
27,355
14,573
16,240
17,288
20,332
12,584
17,670
28,827
19,293
17,000
60,432
44,244
157,398
65,381
72,473
33,007
75,295
75,29533,00772,47365,381157,39844,24460,43217,00019,29328,82717,67012,58420,33217,28816,24014,57327,35523,96312,28212,732
       Short-term Investments 
0
0
943
0
222
171
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000171222094300
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
0
25,213
23,861
33,036
29,397
40,792
42,646
54,356
33,639
29,540
29,54033,63954,35642,64640,79229,39733,03623,86125,21300000000000
       Inventory 
1,602
1,794
1,941
2,082
2,388
2,189
2,272
2,049
3,703
3,024
3,249
3,359
3,636
4,694
5,292
4,750
4,918
5,851
3,865
4,980
4,9803,8655,8514,9184,7505,2924,6943,6363,3593,2493,0243,7032,0492,2722,1892,3882,0821,9411,7941,602
       Other Current Assets 
63,322
51,785
39,903
19,891
21,098
24,803
25,166
33,003
27,897
34,120
33,627
32,420
24,360
33,498
29,788
44,289
52,405
56,455
34,187
35,172
35,17234,18756,45552,40544,28929,78833,49824,36032,42033,62734,12027,89733,00325,16624,80321,09819,89139,90351,78563,322
   > Long-term Assets 
280,571
263,348
250,036
316,708
312,493
320,481
307,657
288,153
281,856
272,139
261,868
255,239
302,068
392,075
424,122
514,518
558,150
1,149,043
1,097,121
1,079,631
1,079,6311,097,1211,149,043558,150514,518424,122392,075302,068255,239261,868272,139281,856288,153307,657320,481312,493316,708250,036263,348280,571
       Property Plant Equipment 
260,325
240,391
230,493
262,064
256,445
251,266
242,218
235,586
227,446
221,231
214,426
206,871
215,335
289,201
321,457
389,999
424,339
939,536
883,618
851,407
851,407883,618939,536424,339389,999321,457289,201215,335206,871214,426221,231227,446235,586242,218251,266256,445262,064230,493240,391260,325
       Goodwill 
0
0
0
20,485
20,485
18,761
18,761
18,761
18,761
18,761
18,761
18,761
36,116
53,256
53,255
86,393
94,863
169,374
163,148
169,498
169,498163,148169,37494,86386,39353,25553,25636,11618,76118,76118,76118,76118,76118,76118,76120,48520,485000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
27
27
27
27
27
27
0
0
0
00027272727272700000000000
       Intangible Assets 
1,560
2,151
2,562
1,837
2,385
2,270
2,540
2,894
3,386
3,367
3,315
3,016
3,998
5,111
5,900
9,049
9,664
12,987
11,673
11,129
11,12911,67312,9879,6649,0495,9005,1113,9983,0163,3153,3673,3862,8942,5402,2702,3851,8372,5622,1511,560
       Long-term Assets Other 
18,686
20,807
17,541
30,361
29,478
44,467
42,169
29,367
30,715
27,229
24,620
25,478
45,311
43,837
42,608
27,895
27,857
25,919
23,904
23,785
23,78523,90425,91927,85727,89542,60843,83745,31125,47824,62027,22930,71529,36742,16944,46729,47830,36117,54120,80718,686
> Total Liabilities 
358,227
329,210
250,195
270,022
242,715
250,330
235,077
210,997
168,722
193,011
218,903
205,654
242,332
367,666
353,548
544,561
503,237
1,072,569
1,041,684
1,074,429
1,074,4291,041,6841,072,569503,237544,561353,548367,666242,332205,654218,903193,011168,722210,997235,077250,330242,715270,022250,195329,210358,227
   > Total Current Liabilities 
108,496
99,959
89,779
100,120
90,622
78,492
73,093
93,243
83,943
126,503
107,235
89,108
125,152
116,513
111,231
158,438
183,732
179,168
190,916
220,650
220,650190,916179,168183,732158,438111,231116,513125,15289,108107,235126,50383,94393,24373,09378,49290,622100,12089,77999,959108,496
       Short-term Debt 
26,669
25,444
30,860
0
0
0
16,536
23,696
22,363
56,020
37,731
19,913
44,565
8,758
7,030
39,906
69,826
43,305
112,006
107,865
107,865112,00643,30569,82639,9067,0308,75844,56519,91337,73156,02022,36323,69616,53600030,86025,44426,669
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
107,861
41,000
5,949
5,983
39,132
69,256
10,214
76,711
71,569
71,56976,71110,21469,25639,1325,9835,94941,000107,86100000000000
       Accounts payable 
37,059
36,842
31,106
0
0
0
52,834
65,220
55,548
63,331
48,754
47,444
52,181
64,711
68,384
82,918
83,461
108,912
35,872
111,543
111,54335,872108,91283,46182,91868,38464,71152,18147,44448,75463,33155,54865,22052,83400031,10636,84237,059
       Other Current Liabilities 
44,767
37,672
27,812
100,120
90,622
78,492
3,723
4,327
6,032
7,152
20,750
21,751
28,406
43,044
35,817
35,614
19,864
17,763
39,520
358
35839,52017,76319,86435,61435,81743,04428,40621,75120,7507,1526,0324,3273,72378,49290,622100,12027,81237,67244,767
   > Long-term Liabilities 
249,731
229,251
160,416
169,902
152,093
171,838
161,984
117,754
84,779
66,508
111,668
116,546
117,180
251,153
242,317
386,123
319,505
893,401
850,768
853,779
853,779850,768893,401319,505386,123242,317251,153117,180116,546111,66866,50884,779117,754161,984171,838152,093169,902160,416229,251249,731
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
28,629
25,709
37,153
34,706
43,803
46,617
30,667
22,482
20,986
20,98622,48230,66746,61743,80334,70637,15325,70928,62900000000000
> Total Stockholder Equity
48,369
50,933
66,029
93,928
105,879
111,322
114,926
131,217
155,780
132,127
108,668
104,657
104,732
123,033
149,898
176,394
177,403
210,972
126,492
120,728
120,728126,492210,972177,403176,394149,898123,033104,732104,657108,668132,127155,780131,217114,926111,322105,87993,92866,02950,93348,369
   Common Stock
47,443
47,443
47,443
47,443
47,443
48,963
48,963
48,963
48,963
18,952
18,952
18,952
18,952
18,952
18,952
18,952
18,952
18,952
18,952
18,952
18,95218,95218,95218,95218,95218,95218,95218,95218,95218,95218,95248,96348,96348,96348,96347,44347,44347,44347,44347,443
   Retained Earnings Total Equity00000000000000000000
   Accumulated Other Comprehensive Income 0-684,155-589,544-493,345-468,081-425,689-402,866-335,830-305,058-288,135-270,169-252,21700000-204,88500
   Capital Surplus 00000000000000000000
   Treasury Stock00000000000000000000
   Other Stockholders Equity 
926
3,490
223,470
46,485
58,436
62,359
65,963
82,254
359,034
383,344
281,309
298,373
327,662
399,074
422,007
466,771
469,924
570,579
649,147
101,776
101,776649,147570,579469,924466,771422,007399,074327,662298,373281,309383,344359,03482,25465,96362,35958,43646,485223,4703,490926



Balance Sheet

Currency in EUR. All numbers in thousands.




Cash Flow

Currency in EUR. All numbers in thousands.




Income Statement

Currency in EUR. All numbers in thousands.