Cash flow Borussia Dortmund GmbH

Equities

BVB

DE0005493092

Leisure & Recreation

Market Closed - Xetra Other stock markets 16:35:22 10/09/2024 BST			5-day change	1st Jan Change
3.670 ^EUR	+0.41%		-0.14%	+1.94%

09-02	BORUSSIA DORTMUND KGAA : Nuways reiterates its Buy rating	ZD
08-24	BVB fans denounce Rheinmetall deal	DP

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Published financial data: BORUSSIA DORTMUND GMBH

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: June	2019	2020	2021	2022	2023
Revenues	490M	410M	350M	414M	491M
Total Revenues	490M	410M	350M	414M	491M
Cost of Goods Sold, Total	21.27M	22.39M	19.59M	22.64M	24.11M
Gross Profit	468M	388M	330M	391M	467M
Selling General & Admin Expenses, Total	231M	242M	226M	244M	247M
Depreciation & Amortization - (IS)	78.67M	102M	106M	101M	103M
Other Operating Expenses	125M	88.81M	69.62M	81.72M	99.09M
Other Operating Expenses, Total	434M	433M	402M	426M	450M
Operating Income	34.27M	-45.22M	-72.23M	-35.33M	17.16M
Interest Expense, Total	-2.13M	-3.73M	-1.43M	-5.38M	-9.7M
Interest And Investment Income	427K	287K	287K	1.14M	3.56M
Net Interest Expenses	-1.7M	-3.44M	-1.14M	-4.25M	-6.15M
Income (Loss) On Equity Invest.	13K	-1K	81K	60K	15K
Other Non Operating Income (Expenses)	3.04M	5.03M	1.08M	13.49M	3.11M
EBT, Excl. Unusual Items	35.62M	-43.63M	-72.2M	-26.03M	14.14M
Asset Writedown	-13.81M	-3.9M	-4.81M	-9.09M	-3.36M
Insurance Settlements	-	954K	3.8M	1.75M	-
Other Unusual Items	-	-	66K	-	-
EBT, Incl. Unusual Items	21.81M	-46.58M	-73.15M	-33.37M	10.78M
Income Tax Expense	4.42M	-2.63M	-342K	1.69M	1.23M
Earnings From Continuing Operations	17.39M	-43.95M	-72.81M	-35.06M	9.55M
Net Income to Company	17.39M	-43.95M	-72.81M	-35.06M	9.55M
Minority Interest	-	-	-	-	-
Net Income - (IS)	17.39M	-43.95M	-72.81M	-35.06M	9.55M
Net Income to Common Incl Extra Items	17.39M	-43.95M	-72.81M	-35.06M	9.55M
Net Income to Common Excl. Extra Items	17.39M	-43.95M	-72.81M	-35.06M	9.55M
Per Share Items
Net EPS - Basic	0.19	-0.48	-0.79	-0.33	0.09
Basic EPS - Continuing Operations	0.19	-0.48	-0.79	-0.33	0.09
Basic Weighted Average Shares Outstanding	91.53M	91.57M	92.16M	106M	106M
Net EPS - Diluted	0.19	-0.48	-0.79	-0.33	0.09
Diluted EPS - Continuing Operations	0.19	-0.48	-0.79	-0.33	0.09
Diluted Weighted Average Shares Outstanding	91.53M	91.57M	92.16M	106M	106M
Normalized Basic EPS	0.24	-0.3	-0.49	-0.15	0.08
Normalized Diluted EPS	0.24	-0.3	-0.49	-0.15	0.08
Dividend Per Share	0.06	-	-	-	-
Payout Ratio	31.73	-12.56	-	-	-
Supplemental Items
EBITDA	110M	53.38M	30.72M	62.5M	117M
EBITA	100M	43.06M	20.4M	52.16M	107M
EBIT	34.27M	-45.22M	-72.23M	-35.33M	17.16M
EBITDAR	-	54.28M	31.78M	63.64M	118M
Effective Tax Rate - (Ratio)	20.26	5.65	0.47	-5.07	11.41
Total Current Taxes	1.48M	49K	-342K	1.69M	1.23M
Total Deferred Taxes	2.94M	-2.68M	0	0	0
Normalized Net Income	22.26M	-27.27M	-45.13M	-16.27M	8.84M
Interest on Long-Term Debt	829K	571K	772K	675K	538K
Supplemental Operating Expense Items
Advertising Expense	25.67M	26.99M	10.71M	12.41M	11.24M
Selling and Marketing Expenses	25.67M	26.99M	10.71M	12.41M	11.24M
Net Rental Expense, Total	-	897K	1.06M	1.14M	1.25M
Imputed Operating Lease Interest Expense	-	1.22M	219K	1.03M	3.76M
Imputed Operating Lease Depreciation	-	-322K	841K	107K	-2.5M

Fiscal Period: June	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	55.86M	3.32M	1.72M	10.57M	4.5M
Total Cash And Short Term Investments	55.86M	3.32M	1.72M	10.57M	4.5M
Accounts Receivable, Total	29.04M	34.52M	27.2M	38.46M	36.78M
Other Receivables	13.1M	8.93M	11.54M	14.12M	5.6M
Total Receivables	42.14M	43.46M	38.74M	52.57M	42.38M
Inventory	4.57M	6.75M	6.81M	4.42M	5.44M
Prepaid Expenses	713K	604K	538K	787K	581K
Other Current Assets, Total	25.07M	22.38M	12.9M	28.27M	18.2M
Total Current Assets	128M	76.51M	60.72M	96.62M	71.11M
Gross Property Plant And Equipment	334M	356M	359M	362M	384M
Accumulated Depreciation	-150M	-163M	-176M	-189M	-202M
Net Property Plant And Equipment	184M	193M	183M	172M	182M
Long-term Investments	322K	321K	402K	382K	480K
Other Intangibles, Total	164M	230M	193M	124M	170M
Accounts Receivable Long-Term	9.74M	12.68M	10.39M	59.53M	87.24M
Loans Receivable Long-Term	52K	32K	27K	344K	-
Deferred Tax Assets Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	13.89M	5.72M	2.09M	1.33M	1.08M
Total Assets	500M	518M	451M	455M	512M
Liabilities
Accounts Payable, Total	60.65M	67.43M	64.1M	68.98M	86.02M
Accrued Expenses, Total	8.11M	9.95M	6.97M	9.47M	9.38M
Short-term Borrowings	-	8.03M	56.9M	-	-
Current Portion of Long-Term Debt	-	-	-	-	12.8M
Current Portion of Leases	3.13M	4.35M	4.24M	4.65M	2.61M
Current Income Taxes Payable	811K	40K	40K	4K	1.14M
Unearned Revenue Current, Total	25.47M	3.64M	5.09M	19.92M	23.17M
Deferred Tax Liability Current	2.68M	-	-	-	-
Other Current Liabilities	27.22M	29.17M	26.26M	27.57M	25.9M
Total Current Liabilities	128M	123M	164M	131M	161M
Long-Term Debt	-	-	-	-	8.83M
Long-Term Leases	8.38M	20.05M	16.82M	12.53M	10.35M
Unearned Revenue Non Current	-	230K	-	20K	10K
Other Non Current Liabilities	8.7M	69.63M	37.46M	31.41M	48.93M
Total Liabilities	145M	213M	218M	175M	229M
Common Stock, Total	92M	92M	92M	110M	110M
Additional Paid In Capital	143M	143M	143M	207M	203M
Retained Earnings	120M	70.72M	-2.09M	-37.15M	-30.19M
Treasury Stock	-113K	-113K	-113K	-113K	-113K
Comprehensive Income and Other	-	-	-	-	-
Total Common Equity	355M	305M	233M	281M	283M
Minority Interest	-	-	-	-	-
Total Equity	355M	305M	233M	281M	283M
Total Liabilities And Equity	500M	518M	451M	455M	512M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	91.98M	91.98M	91.98M	110M	110M
ECS Total Common Shares Outstanding	91.98M	91.98M	91.98M	110M	110M
Book Value / Share	3.86	3.32	2.53	2.54	2.56
Tangible Book Value	191M	75.78M	39.2M	156M	113M
Tangible Book Value Per Share	2.08	0.82	0.43	1.41	1.02
Total Debt	11.51M	32.44M	77.96M	17.18M	34.59M
Net Debt	-44.36M	29.12M	76.24M	6.61M	30.1M
Debt Equivalent Oper. Leases	-	7.18M	8.48M	9.09M	10.02M
Minority Interest, Total (Incl. Fin. Div)	-	-	-	-	-
Equity Method Investments, Total	322K	321K	402K	382K	397K
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Others	5.24M	7.34M	7.24M	5.51M	5.64M
Land - (BS)	257M	260M	260M	260M	272M
Machinery, Total	76.71M	96M	99.11M	101M	112M
Full Time Employees	833	902	806	827	923
Accumulated Allowance for Doubtful Accounts (Supple)	1.85M	3.98M	1.18M	2.41M	2.89M

Fiscal Period: June	2019	2020	2021	2022	2023
Net Income	17.39M	-43.95M	-72.81M	-35.06M	9.55M
Depreciation & Amortization - CF	12.82M	13.94M	13.6M	13.36M	12.95M
Amortization of Goodwill and Intangible Assets - (CF)	65.85M	88.28M	92.63M	87.5M	89.74M
Depreciation & Amortization, Total	78.67M	102M	106M	101M	103M
(Gain) Loss From Sale Of Asset	538K	-45.69M	-16.24M	-81.72M	-75.49M
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	260K
Asset Writedown & Restructuring Costs	11.43M	3.9M	4.81M	9.09M	3.36M
(Income) Loss On Equity Investments - (CF)	-13K	1K	-81K	-60K	15K
Other Operating Activities, Total	19.16M	1.16M	943K	25.7M	5.12M
Change in Other Net Operating Assets	17.34M	-18.01M	-6.91M	16.27M	8.92M
Cash from Operations	145M	-362K	15.95M	35.07M	54.43M
Capital Expenditure	-9.93M	-6.2M	-3.41M	-1.72M	-21.44M
Sale of Property, Plant, and Equipment	61K	62K	1K	-	1K
Sale (Purchase) of Intangible assets	-129M	-153M	-88.31M	-79.39M	-126M
Net (Increase) Decrease in Loans Originated / Sold - Investing	6K	20K	5K	-237K	2K
Other Investing Activities, Total	-	108M	29.7M	29.98M	71.12M
Cash from Investing	-139M	-50.77M	-62.02M	-51.36M	-76.75M
Long-Term Debt Issued, Total	-	-	56.9M	-	21.88M
Total Debt Issued	-	-	56.9M	-	21.88M
Long-Term Debt Repaid, Total	-3.28M	-3.93M	-4.39M	-61.32M	-5.63M
Total Debt Repaid	-3.28M	-3.93M	-4.39M	-61.32M	-5.63M
Issuance of Common Stock	-	-	-	86.46M	-
Common Dividends Paid	-5.52M	-5.52M	-	-	-
Common & Preferred Stock Dividends Paid	-5.52M	-5.52M	-	-	-
Other Financing Activities, Total	-	-	-	-	-
Cash from Financing	-8.8M	-9.45M	52.51M	25.14M	16.25M
Net Change in Cash	-3.6M	-60.58M	6.44M	8.85M	-6.08M
Supplemental Items
Cash Interest Paid	1.46M	3.33M	1.43M	328K	1.09M
Cash Income Tax Paid (Refund)	2.83M	-305K	-	-	-
Levered Free Cash Flow	-30.49M	-100M	-25.09M	-9.28M	-8.16M
Unlevered Free Cash Flow	-29.16M	-97.71M	-24.2M	-5.91M	-2.1M
Change In Net Working Capital	-10.14M	12.74M	-6.44M	3.57M	-32.36M
Net Debt Issued / Repaid	-3.28M	-3.93M	52.51M	-61.32M	16.25M

Fiscal Period: June	2019	2020	2021	2022	2023
Profitability
Return on Assets	4.35	-5.55	-9.32	-4.88	2.21
Return on Total Capital	5.96	-8.03	-13.92	-7.26	3.53
Return On Equity %	4.98	-13.31	-27.06	-13.66	3.44
Return on Common Equity	4.98	-13.31	-27.06	-13.66	3.44
Margin Analysis
Gross Profit Margin %	95.65	94.54	94.4	94.52	95.09
SG&A Margin	47.14	59.01	64.75	58.92	50.42
EBITDA Margin %	22.45	13.01	8.79	15.11	23.83
EBITA Margin %	20.45	10.49	5.84	12.62	21.78
EBIT Margin %	7	-11.02	-20.66	-8.54	3.5
Income From Continuing Operations Margin %	3.55	-10.71	-20.83	-8.48	1.95
Net Income Margin %	3.55	-10.71	-20.83	-8.48	1.95
Net Avail. For Common Margin %	3.55	-10.71	-20.83	-8.48	1.95
Normalized Net Income Margin	4.55	-6.65	-12.91	-3.93	1.8
Levered Free Cash Flow Margin	-6.23	-24.38	-7.18	-2.24	-1.66
Unlevered Free Cash Flow Margin	-5.96	-23.81	-6.92	-1.43	-0.43
Asset Turnover
Asset Turnover	0.99	0.81	0.72	0.91	1.01
Fixed Assets Turnover	2.68	2.18	1.86	2.32	2.77
Receivables Turnover (Average Receivables)	19.7	12.91	11.33	12.6	13.05
Inventory Turnover (Average Inventory)	4.19	3.96	2.89	4.04	4.89
Short Term Liquidity
Current Ratio	1	0.62	0.37	0.74	0.44
Quick Ratio	0.77	0.38	0.25	0.48	0.29
Operating Cash Flow to Current Liabilities	1.13	-0	0.1	0.27	0.34
Days Sales Outstanding (Average Receivables)	18.53	28.35	32.22	28.98	27.98
Days Outstanding Inventory (Average Inventory)	87.14	92.54	126.33	90.46	74.63
Average Days Payable Outstanding	1.04K	953.7	1.22K	1.2K	1.17K
Cash Conversion Cycle (Average Days)	-932.78	-832.81	-1.06K	-1.08K	-1.07K
Long Term Solvency
Total Debt/Equity	3.24	10.62	33.51	6.12	12.24
Total Debt / Total Capital	3.14	9.6	25.1	5.77	10.9
LT Debt/Equity	2.36	6.57	7.23	4.47	6.78
Long-Term Debt / Total Capital	2.29	5.94	5.42	4.21	6.04
Total Liabilities / Total Assets	29.03	41.03	48.36	38.36	44.77
EBIT / Interest Expense	16.08	-12.12	-50.62	-6.56	1.77
EBITDA / Interest Expense	52.98	15.28	23.83	12.17	12.35
(EBITDA - Capex) / Interest Expense	48.32	13.62	21.44	11.85	10.14
Total Debt / EBITDA	0.1	0.57	2.29	0.26	0.29
Net Debt / EBITDA	-0.39	0.51	2.24	0.1	0.25
Total Debt / (EBITDA - Capex)	0.11	0.64	2.55	0.27	0.35
Net Debt / (EBITDA - Capex)	-0.43	0.57	2.49	0.1	0.31
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %