Key figures

 

Consolidated results 2017 2016 2015 2014 2013 2012 2011 2010 (1)
(in million €) - Year ended 31 December
Total revenues and other income 887.5 868.1 851.4 838.9 1,389.5 1,306.6 1,278.4 1,037.5
EBITDA* 475.5 425.0 442.8 409.6 486.9 455.5 448.9 687.9
REBITDA* 475.4 413.0 409.3 409.6 486.9 455.5 448.9 409.4
Operating profit (REBIT*) 344.5 283.0 302.9 296.8 345.4 305.4 308.0 281.9
Operating profit (EBIT*) 344.6 295.0 336.4 296.8 345.4 305.4 308.0 308.0
Net finance costs (76.5) (82.9) (92.8) (100.6) (108.5) (134.8) (128.6) (123.2)
Income tax expenses (39.1) (32.0) (32.9) (23.8) (61.5) (16.2) (43.3) (34,0)
Profit attributable to the Owners
of the Company
229.1 179.9 210.6 172.6 175.8 155.0 137.5 401.7
Basic earnings per share, incl. non-recurring elements (€) 3.76 2.95 3.47 2.84 2.90 2.57 2.28 7.36
Basic earnings per share, excl. non-recurring elements (€) 3.56 2.76 2.89 2.84 2.90 2.57 2.28 2.26
Dividend per share (€) 1.62 1.58 1.55 1.54 1.54 1.47 1.47 1.4

* EBIT = earnings before interest and taxes - EBITDA = EBIT + depreciation / amortization / impairment and changes in provisions - REBIT = Recurring EBIT - REBITDA = Recurring EBITDA.

(1) The results of 50Hertz Transmission, consolidated at Eurogrid International level for the period from June to December 2010, were included in the consolidated Elia Group IFRS figures as at 31 December 2010 (60% proportionate consolidation). The first five months were booked as shareholders’ equity (opening balance), thereby benefitting Elia shareholders.

Consolidated statement of financial position 2017 2016 2015 2014 2013 2012 2011 2010
(in million €) - Year ended 31 December
Total assets 6,596.5 6,241.5 6,444.5 5,697.0 6,532.2 6,187.0 5,843.8 5,904.0
Equity, attributable to the Owners of the Company 2,640.7 2,511.4 2,413.6 2,285.1 2,209.1 2,108.5 2,046.9 2,007.2
Net financial debt 2,689.1 2,557.3 2,583.4 2,539.2 2,733.8 2,910.8 2,532.9 2,551.4
Equity per share (€) 43.4 41.2 39.7 37.6 36.5 34.9 33.9 36.8
Number of shares (end of period) 60,901,019 60,891,158 60,750,239 60,738,264 60,568,229 60,555,809 60,355,217 60,355,217

Financial ratios (under IFRS)

Ratios 2017 2016 2015 2014 2013 2012 2011 2010
Pay-out ratio(*) 45.6% 57.2% 53.6% 54.2% 53.1% 57.3% 63.1% 68.4%
Return on equity(**) 8.2% 6.7% 7.3% 7.6% 8.0% 7.35% 6.8% 7.3%
Return on capital employed* 6.5% 5.6% 6.5% 5.7% 6.5% 10.29% 6.7% 6.7%
Net debt / Equity 101.8% 101.8% 107.0% 111.1% 123.8% 138% 123.7% 127%
Leverage (Debt / Debt + Equity) 52.2% 52.1% 56.6% 54.3% 58.9% 59.3% 58.8% 59.2%
EBITDA / Financial charges 5.8 4.7 4.3 3.7 4.0 3.1 3.1 4.7
Net debt / EBITDA 5.7 6.0 5.8 6.2 5.6 6.4 5.6 6.2
(*) Based on Normalized net result as from 2015
(**) Based on Normalized net result as from 2015
Margins 2017 2016 2015 2014 2013 2012 2011 2010
EBITDA margin 53.6% 49.0% 52.0% 48.8% 35% 34.9% 35.1% 39.5%
EBIT margin 38.8% 34.0% 39.5% 35.6% 24.9% 23.4% 24.1% 27.2%
Net-profit margin 25.8% 20.7% 24.7% 20.7% 12.7% 11.9% 10.8% 11.1%
Dividend yield on equity 3.4% 3.8% 3.9% 4.1% 4.2% 4.2% 4.3% 4.2%