Red Electrica Corporacion (REE)

  0.00
   
  • 52 Week High:  0.00
  • 52 Week Low:  0.00
  • Currency: Euro
  • Shares Issued: 541.08m
  • RiskGrade: 121

Fundamentals - based on IFRS

    (Millions)   (Millions)   (Millions)   (Millions)   (Millions)
Income Statement 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19 31-Dec-18
Continuing Operations          
Revenue 2,015.04 1,952.96 1,985.75 2,007.24 1,948.54
Operating Profit/(Loss) 962.04 962.42 901.03 1,074.61 1,069.79
Profit Before Tax 869.52 888.08 805.99 950.66 936.25
Profit After Tax 681.19 686.28 611.24 714.82 704.49
           
Earnings per Share - Basic 123.00¢ 1.27¢ 115.00¢ 133.00¢ 131.00¢
Earnings per Share - Adjusted 123.00¢ 1.27¢ 115.00¢ 133.00¢ 131.00¢
           
Dividend per Share 100.00¢ 1.01¢ 105.19¢ 105.19¢ 98.31¢
    (Millions)   (Millions)   (Millions)   (Millions)   (Millions)
Balance Sheet 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19 31-Dec-18
Assets          
Non-Current Assets          
Property, Plant & Equipment 9,626.80 9,575.85 9,511.25 9,673.13 8,711.33
Intangible Assets 855.15 720.62 690.85 737.14 242.56
Other Non-Current Assets 1,352.26 800.60 727.45 458.12 349.62
  11,834.21 11,097.07 10,929.55 10,868.40 9,303.51
Current Assets          
Inventories 41.32 26.53 34.88 42.72 34.64
Cash at Bank & in Hand 794.82 1,574.43 481.77 328.57 767.15
Other Current Assets 2,111.16 1,286.45 1,397.30 1,415.52 1,156.77
  2,947.31 2,887.41 1,913.95 1,786.81 1,958.57
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 14,781.52 13,984.48 12,843.50 12,655.21 11,262.08
Current Liabilities          
Borrowings 1,705.28 2,144.43 823.77 1,846.54 1,196.87
Other Current Liabilities 1,197.77 828.99 635.12 429.28 367.52
           
Current Liabilities 2,903.04 2,973.42 1,458.89 2,275.82 1,564.39
           
Net Current Assets c44.26 c(86.01) c455.06 c(489.01) c394.17
           
Borrowings 5,543.75 5,953.43 6,485.40 5,327.61 4,981.23
Other Non-Current Liabilities 1,440.45 1,372.50 1,407.26 1,466.62 1,355.09
Non-Current Liabilities 6,984.20 7,325.93 7,892.66 6,794.23 6,336.32
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 9,887.24 10,299.35 9,351.55 9,070.05 7,900.71
           
Net Assets 4,894.28 3,685.13 3,491.95 3,585.16 3,361.37
           
Shareholders Funds 4,789.54 3,631.08 3,435.60 3,512.52 3,360.53
           
Minority Interests/Other Equity 104.74 54.05 56.35 72.64 0.83
Total Equity 4,894.28 3,685.13 3,491.95 3,585.16 3,361.37
Cash Flow 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19 31-Dec-18
Net Cash Flow From Operating Activities 1,566.83 1,605.18 1,380.42 1,045.16 1,100.03
Net Cash Flow from Investing Activities (1,641.32) (537.64) (905.55) (1,373.83) (525.90)
Net Cash Flow from Financing Activities (705.11) 25.12 (321.67) (109.90) (376.84)
Net Increase/Decrease In Cash (779.60) 1,092.66 153.20 (438.58) 197.28
Ratios - based on IFRS 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19 31-Dec-18
Continuing Operations          
PE Ratio - Adjusted n/a 1,495.9 n/a 13.5 14.9
PEG - Adjusted n/a n/a n/a 6.7 2.5
Earnings per Share Growth - Adjusted 9,571% -99% -14% 2% 6%
Dividend Cover 1.23 1.26 1.09 1.26 1.33
Revenue per Share 372.41¢ 360.94¢ 367.00¢ 370.97¢ 360.12¢
Pre-Tax Profit per Share 160.70¢ 164.13¢ 148.96¢ 175.70¢ 173.03¢
Operating Margin 47.74% 49.28% 45.37% 53.54% 54.90%
Return on Capital Employed 7.70% 8.03% 7.97% 9.49% 10.07%
           
Dividend Yield 0.0% 0.1% 0.0% 5.9% 5.0%
Dividend per Share Growth 9,806.85% (99.04%) n/a 7.00% 7.00%
Operating Cash Flow per Share 289.57¢ 3.00¢ 255.12¢ 193.16¢ 203.30¢
Cash Incr/Decr per Share (144.08¢) 201.94¢ 28.31¢ (81.06¢) 36.46¢
Net Asset Value per Share (exc. Intangibles) 746.49¢ 547.89¢ 517.69¢ 526.36¢ 576.40¢
Net Gearing 134.76% 179.66% 198.73% 194.89% 161.01%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are end of day values only.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Forecast figures based on normalised accounts.

 

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