Cash flow Zee Entertainment Enterprises Limited

Equities

ZEEL

INE256A01028

Broadcasting

Market Closed - NSE India S.E. Other stock markets 12:40:52 18/09/2024 BST			5-day change	1st Jan Change
131.21 ^INR	-1.33%		-3.15%	-52.24%

09-18	India's Zee refutes Disney-owned Star's claims for termination of cricket broadcasting deal	RE
09-03	Zee Entertainment Enterprises Names Chief Technology and Product Officer	MT

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Published financial data: ZEE ENTERTAINMENT ENTERPRISES LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2019	2020	2021	2022	2023
Revenues	79.34B	81.3B	77.3B	81.89B	80.88B
Total Revenues	79.34B	81.3B	77.3B	81.89B	80.88B
Cost of Goods Sold, Total	38.42B	44.02B	41.4B	49.63B	53.65B
Gross Profit	40.92B	37.28B	35.9B	32.26B	27.23B
Selling General & Admin Expenses, Total	889M	598M	605M	568M	151M
Provision for Bad Debts	-	-	-	-	-
Depreciation & Amortization - (IS)	2.35B	2.71B	2.65B	2.46B	3.13B
Other Operating Expenses	13.8B	13.74B	11.47B	14.25B	15.53B
Other Operating Expenses, Total	17.04B	17.04B	14.72B	17.27B	18.81B
Operating Income	23.88B	20.24B	21.17B	14.99B	8.42B
Interest Expense, Total	-1.29B	-1.43B	-549M	-429M	-594M
Interest And Investment Income	1.04B	1.52B	237M	202M	418M
Net Interest Expenses	-249M	86M	-312M	-227M	-176M
Income (Loss) On Equity Invest.	24M	-24M	-1M	1M	-1M
Currency Exchange Gains (Loss)	-66M	-101M	-38M	-7M	-298M
Other Non Operating Income (Expenses)	596M	-2.16B	-1.57B	208M	-15M
EBT, Excl. Unusual Items	24.19B	18.04B	19.25B	14.96B	7.94B
Impairment of Goodwill	-218M	-1.14B	-265M	-	-
Gain (Loss) On Sale Of Investments	289M	105M	102M	256M	-
Gain (Loss) On Sale Of Assets	-24M	250M	-127M	126M	31M
Asset Writedown	-	-2.6B	-	-	-3.31B
Insurance Settlements	-	-	-	-	-
Other Unusual Items	111M	-5.1B	-6.41B	-1.19B	28M
EBT, Incl. Unusual Items	24.34B	9.56B	12.56B	14.16B	4.68B
Income Tax Expense	8.67B	4.32B	4.62B	4.6B	2.17B
Earnings From Continuing Operations	15.67B	5.25B	7.93B	9.56B	2.51B
Earnings Of Discontinued Operations	-	-	-	-	-2.04B
Net Income to Company	15.67B	5.25B	7.93B	9.56B	478M
Minority Interest	-1M	19M	70M	88M	-
Net Income - (IS)	15.67B	5.26B	8B	9.65B	478M
Preferred Dividend and Other Adjustments	-	-	-	-	-
Net Income to Common Incl Extra Items	15.67B	5.26B	8B	9.65B	478M
Net Income to Common Excl. Extra Items	15.67B	5.26B	8B	9.65B	2.51B
Per Share Items
Net EPS - Basic	16.32	5.48	8.33	10.04	0.5
Basic EPS - Continuing Operations	16.32	5.48	8.33	10.04	2.62
Basic Weighted Average Shares Outstanding	960M	960M	961M	961M	961M
Net EPS - Diluted	16.32	5.48	8.33	10.04	0.5
Diluted EPS - Continuing Operations	16.32	5.48	8.33	10.04	2.62
Diluted Weighted Average Shares Outstanding	960M	961M	961M	961M	961M
Normalized Basic EPS	15.74	11.76	12.6	9.83	5.16
Normalized Diluted EPS	15.74	11.76	12.6	9.83	5.16
Dividend Per Share	3.5	0.3	2.5	3	-
Payout Ratio	26.55	99.28	13.96	29.55	602.93
Supplemental Items
EBITDA	25.82B	22.1B	22.64B	16.24B	9.66B
EBITA	24.35B	20.64B	21.32B	15.02B	8.46B
EBIT	23.88B	20.24B	21.17B	14.99B	8.42B
EBITDAR	27.42B	22.59B	23.21B	16.81B	9.81B
Total Revenues (As Reported)	81.85B	84.14B	78.4B	83.11B	81.68B
Effective Tax Rate - (Ratio)	35.63	45.14	36.83	32.48	46.29
Total Current Taxes	8.54B	5.84B	5.06B	4.51B	3.21B
Total Deferred Taxes	134M	-1.53B	-436M	89M	-1.05B
Normalized Net Income	15.12B	11.29B	12.1B	9.44B	4.96B
Interest on Long-Term Debt	1.15B	949M	531M	288M	313M
Non-Cash Pension Expense	266M	51M	59M	67M	66M
Supplemental Operating Expense Items
Advertising Expense	-	-	-	-	-
Selling and Marketing Expenses	-	-	-	-	-
General and Administrative Expenses	-	-	-	-	-
Net Rental Expense, Total	1.6B	493M	568M	568M	151M
Imputed Operating Lease Interest Expense	1.25B	628M	451M	781M	401M
Imputed Operating Lease Depreciation	352M	-135M	117M	-213M	-250M
Maintenance & Repair Expenses, Total	413M	528M	443M	542M	722M
Stock-Based Comp., COGS (Total)	12M	11M	3M	-	25M
Total Stock-Based Compensation	12M	11M	3M	-	25M

Fiscal Period: March	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	12.18B	7.3B	10.86B	12.68B	7.99B
Short Term Investments	2.52B	525M	311M	242M	-
Trading Asset Securities, Total	6.06B	2.24B	7.36B	-	-
Total Cash And Short Term Investments	20.76B	10.07B	18.53B	12.92B	7.99B
Accounts Receivable, Total	19.1B	23.43B	22.05B	20.36B	18.89B
Other Receivables	998M	633M	255M	1.31B	717M
Notes Receivable	2.14B	-	-	-	-
Total Receivables	22.24B	24.06B	22.31B	21.66B	19.61B
Inventory	32.78B	43.38B	39.87B	46.45B	55.76B
Prepaid Expenses	330M	235M	235M	801M	1.02B
Other Current Assets, Total	27.23B	24.17B	26.32B	29.63B	29.55B
Total Current Assets	103B	102B	107B	111B	114B
Gross Property Plant And Equipment	13B	14.34B	14.29B	14.49B	16.76B
Accumulated Depreciation	-5.96B	-7.21B	-8.35B	-8.62B	-9.45B
Net Property Plant And Equipment	7.04B	7.13B	5.94B	5.87B	7.31B
Long-term Investments	1.19B	478M	316M	409M	349M
Goodwill	5.25B	4.07B	3.8B	3.45B	3.3B
Other Intangibles, Total	1.86B	1.98B	2.4B	2.72B	2.68B
Loans Receivable Long-Term	-	-	-	-	-
Deferred Tax Assets Long-Term	-	2.74B	3.15B	3.08B	4.23B
Other Long-Term Assets, Total	10.65B	5.42B	5.32B	5.39B	5.5B
Total Assets	129B	124B	128B	132B	137B
Liabilities
Accounts Payable, Total	14.9B	16.8B	13.98B	13.72B	17.49B
Accrued Expenses, Total	1.86B	2.21B	2.66B	3.7B	2.9B
Current Portion of Long-Term Debt	3.72B	2.98B	3.84B	14M	19M
Current Portion of Leases	-	341M	194M	193M	634M
Current Income Taxes Payable	2.08B	906M	1.08B	359M	103M
Unearned Revenue Current, Total	-	-	1.08B	1.38B	1.46B
Deferred Tax Liability Current	1.26B	-	-	-	-
Other Current Liabilities	7.34B	2.02B	2.5B	2.78B	3.9B
Total Current Liabilities	31.15B	25.26B	25.35B	22.15B	26.51B
Long-Term Debt	7.43B	2.99B	14M	21M	40M
Long-Term Leases	-	515M	181M	535M	2.13B
Pension & Other Post Retirement Benefits	876M	913M	995M	1.04B	1.36B
Other Non Current Liabilities	474M	492M	551M	4M	-
Total Liabilities	39.93B	30.17B	27.09B	23.74B	30.04B
Preferred Stock Redeemable	16M	19M	25M	24M	25M
Total Preferred Equity	16M	19M	25M	24M	25M
Common Stock, Total	960M	960M	961M	961M	961M
Retained Earnings	78.72B	78.11B	81.79B	85B	82.52B
Comprehensive Income and Other	9.56B	14.37B	18.2B	22.66B	23.74B
Total Common Equity	89.24B	93.44B	101B	109B	107B
Minority Interest	143M	110M	129M	-	-
Total Equity	89.4B	93.57B	101B	109B	107B
Total Liabilities And Equity	129B	124B	128B	132B	137B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	960M	960M	961M	961M	961M
ECS Total Common Shares Outstanding	960M	960M	961M	961M	961M
Book Value / Share	92.91	97.28	105.1	113.09	111.63
Tangible Book Value	82.13B	87.39B	94.74B	102B	101B
Tangible Book Value Per Share	85.51	90.98	98.63	106.67	105.4
Total Debt	11.14B	6.83B	4.23B	763M	2.82B
Net Debt	-9.61B	-3.24B	-14.3B	-12.16B	-5.17B
Debt Equivalent of Unfunded Proj. Benefit Obligation	802M	824M	929M	973M	1.27B
Debt Equivalent Oper. Leases	12.82B	3.94B	4.54B	4.54B	1.21B
Minority Interest, Total (Incl. Fin. Div)	143M	110M	129M	-	-
Equity Method Investments, Total	220M	197M	20M	21M	19M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	10M	11M	11M	13M	15M
Inventories - Finished Goods, Total	32.78B	43.36B	39.86B	46.44B	55.74B
Land - (BS)	-	-	-	-	-
Buildings, Total	1.39B	1.84B	1.92B	1.92B	1.92B
Machinery, Total	9.53B	9.59B	10.01B	9.72B	9.62B
Full Time Employees	3.08K	3.43K	3.34K	3.18K	3.46K
Accumulated Allowance for Doubtful Accounts (Supple)	1.72B	4.71B	5.27B	4.43B	4.34B

Fiscal Period: March	2019	2020	2021	2022	2023
Net Income	15.67B	5.26B	8B	9.65B	478M
Depreciation & Amortization - CF	1.46B	1.76B	1.59B	1.42B	1.99B
Amortization of Goodwill and Intangible Assets - (CF)	472M	396M	148M	35M	35M
Depreciation & Amortization, Total	1.94B	2.16B	1.73B	1.46B	2.02B
Amortization of Deferred Charges, Total - (CF)	411M	550M	865M	981M	1.39B
(Gain) Loss From Sale Of Asset	24M	-250M	238M	-22M	-31M
(Gain) Loss on Sale of Investments - (CF)	-109M	2.49B	1.86B	-219M	197M
Asset Writedown & Restructuring Costs	218M	2.84B	265M	-	-
(Income) Loss On Equity Investments - (CF)	-24M	24M	1M	-1M	1M
Stock-Based Compensation (CF)	12M	11M	3M	-	25M
Provision and Write-off of Bad Debts	838M	5.66B	956M	415M	1.46B
Net Cash From Discontinued Operations	-	-	-	-	-2.07B
Other Operating Activities, Total	-474M	510M	745M	177M	535M
Change In Accounts Receivable	-14.26B	-289M	2.93B	-1.27B	1.63B
Change In Inventories	-11.54B	-14.83B	-534M	-9.8B	-9.11B
Change In Accounts Payable	8.65B	-1.64B	-1.59B	1.44B	4.75B
Cash from Operations	1.35B	2.5B	15.48B	2.8B	1.29B
Capital Expenditure	-1.97B	-810M	-610M	-833M	-1.28B
Sale of Property, Plant, and Equipment	9M	367M	320M	75M	117M
Cash Acquisitions	-	-	-	-	-
Divestitures	-	-	-	448M	148M
Sale (Purchase) of Real Estate properties	-	-	-	-	-
Sale (Purchase) of Intangible assets	-856M	-1.01B	-1.45B	-1.53B	-1.4B
Investment in Marketable and Equity Securities, Total	10.17B	3.89B	-3.76B	7.39B	-7M
Net (Increase) Decrease in Loans Originated / Sold - Investing	293M	78M	-	-	-
Other Investing Activities, Total	1.01B	1.37B	443M	217M	403M
Cash from Investing	8.66B	3.89B	-5.06B	5.77B	-2.02B
Long-Term Debt Issued, Total	26M	2M	14M	23M	45M
Total Debt Issued	26M	2M	14M	23M	45M
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-11M	-461M	-235M	-243M	-886M
Total Debt Repaid	-11M	-461M	-235M	-243M	-886M
Issuance of Common Stock	-	-	-	-	-
Repurchase of Preferred Stock	-4.89B	-4.84B	-4.03B	-4.03B	-
Common Dividends Paid	-2.78B	-4.08B	-290M	-2.4B	-2.88B
Preferred Dividends Paid	-1.38B	-1.15B	-827M	-449M	-
Common & Preferred Stock Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-4.16B	-5.23B	-1.12B	-2.85B	-2.88B
Other Financing Activities, Total	-627M	-92M	-43M	-49M	-360M
Cash from Financing	-9.66B	-10.62B	-5.41B	-7.15B	-4.08B
Foreign Exchange Rate Adjustments	-19M	85M	-51M	85M	68M
Miscellaneous Cash Flow Adjustments	-	-	-	-	-68M
Net Change in Cash	332M	-4.15B	4.96B	1.5B	-4.81B
Supplemental Items
Cash Interest Paid	54M	92M	43M	49M	80M
Cash Income Tax Paid (Refund)	9.87B	3.11B	5.01B	4.97B	3.89B
Levered Free Cash Flow	-4.76B	-2.11B	15.93B	-17.25M	2.19B
Unlevered Free Cash Flow	-3.95B	-1.22B	16.27B	251M	2.56B
Change In Net Working Capital	18.41B	14.76B	-2.5B	9.2B	3.47B
Net Debt Issued / Repaid	15M	-459M	-221M	-220M	-841M

Fiscal Period: March	2019	2020	2021	2022	2023
Profitability
Return on Assets	12.41	10	10.49	7.19	3.91
Return on Total Capital	15.58	12.59	12.86	8.72	4.8
Return On Equity %	18.98	5.73	8.15	9.11	2.33
Return on Common Equity	19.01	5.76