Financial figures of the K+S Group
Here you will find the most important financial figures of the K+S Group.
K+S key facts¹
The K+S key facts contain an overview of the financial figures for the past five years and an overview of the business figures for the last year.
2019 | 2018 | 2017 | 2016 | 2015 | ||
---|---|---|---|---|---|---|
Profit and Loss | ||||||
Revenues | m€ | 4,070.7 | 4,039.1 | 3,627.0 | 3,456.6 | 4,175.5 |
Earnings before interest, taxes, depreciation, and amortization (EBITDA) 2 | m€ | 640.4 | 606.3 | 576.7 | 519.1 | 1,057.5 |
EBITDA-Margin | % | 15.7 | 15.0 | 15.9 | 15.0 | 25.3 |
Depreciation 3 | m€ | 431.9 | 379.1 | 305.9 | 289.8 | 275,9 |
Group earnings from continued operations, adjusted 4 | m€ | 77.8 | 85.4 | 145.0 | 130.5 | 542.3 |
Earnings per share from continued operations, adjusted 4 | € | 0.41 | 0.45 | 0.76 | 0.68 | 2.83 |
Cash flow | ||||||
Operating cash flow | m€ | 639.8 | 308.7 | 306.8 | 445.4 | 669.4 |
Capital expenditure 5 | m€ | 493.3 | 443.2 | 810.8 | 1,170.8 | 1,278.8 |
Adjusted free cash flow | m€ | 139.7 | -206.3 | -389.8 | -776.8 | -635.9 |
Balance sheet | ||||||
Balance sheet total | m€ | 10,592.2 | 9,966.2 | 9,754.4 | 9,645.5 | 8,273.6 |
Equity | m€ | 4,495.1 | 4,144.1 | 4,160.7 | 4,552.2 | 4,295.6 |
Equity ratio | % | 42.4 | 41.6 | 42.7 | 47.2 | 51.9 |
Net debt as of Dec. 31 | m€ | 3,116.6 | 3.241,5 | 2.974,1 | 2.401,1 | 1.363,6 |
Debt ratio (Net financial liabilities/EBITDA) 6 | x-fold | 4.9 | 5.3 | 5.2 | 4.6 | 1.3 |
Working capital | m€ | 1,037.9 | 1,126.7 | 968.1 | 894.6 | 945.9 |
Return on Capital Employed (ROCE) | % | 2.3 | 2.6 | 3.2 | 3.0 | 12.5 |
Employees | ||||||
Employees as of Dec. 31 7 | number | 14,868 | 14,931 | 14,793 | 14,530 | 14,383 |
Average number of employees 7 | number | 14,693 | 14,904 | 14.654 | 14,446 | 14,276 |
Share | ||||||
Book value per share | € | 23.49 | 21.65 | 21.74 | 23.78 | 22.44 |
Dividend per share 8 | € | 0.04 | 0.25 | 0.35 | 0.30 | 1.15 |
Dividend yield 8 | % | 1.3 | 1.6 | 1.7 | 1.3 | 4.9 |
Closing price as of Dec. 31 | XETRA,€ | 11.12 | 15.72 | 20.76 | 22.69 | 23.62 |
Market capitalization | b € | 2.1 | 3.0 | 4.0 | 4.3 | 4.5 |
Enterprise value as of Dec. 31 | b € | 6.7 | 7.4 | 8.1 | 7.9 | 6.9 |
Average number of shares 9 | million | 191.40 | 191.40 | 191.40 | 191.40 | 191.40 |
1 Unless stated otherwise, information refers to the continued operations of the K+S Group. The discontinued operations of the nitrogen business are included up to 2010. The balance sheet and therefore the key figures working capital, net indebtedness, net financial liabilities/EBITDA and book value per share also include in 2010 the discontinued operations of the COMPO business and in 2011 also the discontinued operations of the nitrogen business.
2 EBITDA is defined as earnings before interest, taxes, depreciation and amortization, adjusted by the depreciation and amortization amount not recognized in profit and loss in the context of own work capitalized, earnings arising from changes in the fair market value of outstanding operating anticipatory hedges, changes in the fair value of operating anticipatory hedges recognized in prior periods. A reconciliation can be found on page 61.
3 Relates to amortization of intangible assets and depreciation of property, plant and equipment, adjusted for depreciation and amortization of own work capitalized recognized directly in equity.
4 The adjusted key figures only include the result from operating forecast hedges of the respective reporting period reported, changes in the fair market value of outstanding operating forecast hedges are eliminated. In addition, related effects on deferred and cash taxes are eliminated; tax rate for 2019: 30.0% (2018: 30.0%).
5 Relates to cash payments for investments in property, plant and equipment and intangible assets, taking claims for reimbursement from claim management into account excluding additions to leases in accordance with IFRS 16. The standard was applied for the first time as of January 1, 2019.
6 From January 1, 2019 contains leasing obligations arising explicitly from finance lease contracts concluded. Prior-year figures are unadjusted.
7 FTE: Full-time equivalents; part-time positions are weighted in accordance with their respective share of working hours.
8 The figure for 2019 corresponds to the dividend proposal; the dividend yield is based on the year-end closing price.
9 Total number of shares less the average number of own shares held by K+S.
In this Annual Report rounding differences may arise in percentages and numbers
Q1/2019 | Q2/2019 | Q3/2019 | Q4/2019 | FY/2019 | ||
---|---|---|---|---|---|---|
Revenues by operating unit (million €)1 | ||||||
Operating unit Europe+ | 691,8 | 626,8 | 621,1 | 596,2 | 2.535,9 | |
Operating unit Americas | 571,2 | 251,2 | 282,6 | 427,2 | 1.532,2 | |
Reconciliation | 0,5 | 0,5 | 1,2 | 0,4 | 2,6 | |
K+S Group | 1.263,5 | 878,5 | 904,9 | 1.023,8 | 4.070,7 | |
Revenues by customer segments (million €)2 | ||||||
Agriculture | 461,0 | 440,1 | 425,0 | 389,5 | 1.715,6 | |
Industry | 281,8 | 282,5 | 292,9 | 290,8 | 1.148,0 | |
Consumer | 119,6 | 108,5 | 117,7 | 138,9 | 484,7 | |
Communities | 400,6 | 47,0 | 68,2 | 204,1 | 719,9 | |
Reconciliation | 0,5 | 0,5 | 1,2 | 0,4 | 2,6 | |
K+S Group | 1.263,5 | 878,5 | 904,9 | 1.023,7 |
4.070,7 |
|
EBITDA by operating unit (million €) | ||||||
Operating unit Europe+ | 177,1 | 128,4 | 67,3 | 64,2 | 437,0 | |
Margin (%) | 25,6 | 20,5 | 10,8 | 10,8 | 17,2 | |
Operating unit Americas | 107,6 | 13,6 | 25,3 | 83,4 | 230,0 | |
Margin (%) | 18,8 | 5,4 | 9,0 | 19,5 | 15,0 | |
Reconciliation | -14,8 | -12,0 | -12,0 | 12,2 | -26,6 | |
K+S Group | 269,9 | 130,1 | 80,6 | 159,8 | 640,4 | |
EBITDA by customer segment (million €) | ||||||
Agriculture | 124,2 | 95,3 | 46,1 | 29,3 | 294,9 | |
Margin (%) | 26,9 | 21,7 | 10,8 | 7,5 | 17,2 | |
Industry | 58,5 | 55,8 | 45,0 | 58,7 | 218,0 | |
Margin (%) | 20,8 | 19,8 | 15,4 | 20,2 | 19,0 | |
Consumer | 16,4 | 9,0 | 13,9 | 20,4 | 59,7 | |
Marge (%) | 13,7 | 8,3 | 11,8 | 14,7 | 12,3 | |
Communities | 85,6 | -18,1 | -12,2 | 39,1 | 94,4 | |
Margin (%) | 21,4 | -38,5 | -17,9 | 19,2 | 13,1 | |
Reconciliation | -14,8 | -12,0 | -12,0 | 12,2 | -26,6 | |
K+S Group | 269,9 | 130,1 | 80,6 | 159,7 | 640,4 | |
CapEx by operating unit (million €) | ||||||
Operating unit Europe+ | 57,8 | 74,0 | 125,2 | 147,2 | 404,2 | |
Operating unit Americas | 14,2 | 17,3 | 16,7 | 33,5 | 81,7 | |
Reconciliation | 0,6 | 1,8 | 2,4 | 2,7 | 7,5 | |
K+S Group | 72,6 | 93,1 | 144,3 | 183,3 | 493,3 |
1Segments as defined by IFRS 8.
2No segments as defined by IFRS 8.
1 In € million, rounding differences may arise, the quarterly figures are unaudited and based on voluntary disclosures; they were not covered by the audit of the financial statements.
2 EBITDA is defined as earnings before interest, taxes, depreciation and amortization, adjusted by the depreciation and amortization amount not recognized in profit and loss in the context of own work capitalized, earnings arising from changes in the fair market value of outstanding operating anticipatory hedges, changes in the fair value of operating anticipatory hedges recognized in prior periods. A reconciliation can be found on page 61.
Multi-period overview of the earnings performance¹
Key figures in million € | 2019 | 2018 | 2017 | 2016 | 2015 |
---|---|---|---|---|---|
EBITDA margin | 15.7 | 15.0 | 15.9 | 15.0 | 25.3 |
Return on revenues 2 |
1.9 | 2.1 | 4.0 | 3.8 | 13.0 |
Equity return after taxes 2,3 | 1.8 | 2.1 | 3.3 | 2.9 | 13.1 |
Total return on investment 2,3 | 2.6 | 2.4 | 3.1 | 2.7 | 10.4 |
Return on Capital Employed (ROCE) | 2.3 | 2.6 | 3.2 | 3.0 | 12.5 |
1 Information refers to the continuing operations of the K+S Group.
2 The adjusted key indicators include the gains/(losses) from operating anticipatory hedges in the relevant reporting period, which eliminate the effects of changes in the fair value of the hedges. In addition, related effects on deferred and cash taxes are eliminated; tax rate for 2019: 30.0% (2018: 30.0%).
3 This information refers to continued and discontinued operations of the K+S Group.
Multi-period overview of the financial situation
Key figures in million € | 2019 | 2018 | 2017 | 2016 | 2015 |
---|---|---|---|---|---|
Working capital | 1,037.9 | 1,126.7 | 968.1 | 894.6 | 945.9 |
Cash flow from continued operations | 639.8 | 308.7 | 306.8 | 445.4 | 669.4 |
Free cash flow | 139.8 | -204.0 | -356.7 | -756.0 | -106.4 |
Cash flow from financing activities | 11.0 | 187.3 | 411.5 | 769.1 | -151.5 |
Equity ratio (%) | 42.4 | 41.6 | 42.7 | 47.2 | 51.9 |
Share of long-term provisions in balance sheet total (%) | 12.4 | 12.1 | 12.0 | 12.3 | 12.5 |
Debt-equity ratio I (%)1 | 75.6 | 79.2 | 72.6 | 55.7 | 35.9 |
Debt-equity ratio II (%)2 | 101.6 | 107.2 | 99.5 | 78.7 | 55.9 |
1 Financial liabilities/equity
2 Net debt/equity
Multi-period overview of the financial situation
Key figures in millions € | 2019 | 2018 | 2017 | 2016 | 2015 |
---|---|---|---|---|---|
Property, plant and quipment, intagible assets | 8,208.5 | 7,670.2 | 7,655.4 | 7,540.4 | 6,123.1 |
Financial assets, long-term securites and other financial investments | 113.2 | 96.1 | 28.0 | 34.4 | 14.1 |
Inventories | 789.3 | 691.5 | 690.9 | 710.4 | 705.3 |
Receivables from deliveries and services | 724.7 | 836.7 | 714.9 | 656.5 | 708.6 |
Cash, and cash equivalents, short-term securites and other financial investments | 333.2 | 178.8 | 194.0 | 154.5 | 163.1 |
Your contact person
