Financial standing and results of business segments
Selected operating segments’ financial figures in 2022
| Operating segments | FPS | EPS | ASS | Other | Eliminations* | Total |
|---|---|---|---|---|---|---|
| Statement of profit or loss | ||||||
| Sales | 1,516,628 | 2,451,380 | 2,439,664 | 21,302 | (498,109) | 5,930,865 |
| – of which outside the Capital Group | 1,516,508 | 1,976,346 | 2,437,649 | 362 | 0 | 5,930,865 |
| – of which to related parties | 120 | 475,034 | 2,015 | 20,940 | (498,109) | 0 |
| Dividends | 0 | 0 | 0 | 501,948 | (501,948) | 0 |
| Write-down of materials and trade goods | (875) | (3,003) | 1,771 | 0 | 0 | (2,107) |
| Write-downs of receivables | (659) | (1,890) | 2,209 | 0 | 0 | (340) |
| Write-downs of property, plant and equipment, and intangible assets | 0 | (9,024) | (1,379) | 0 | 0 | (10,403) |
| Write-down of goodwill | 0 | (61) | 0 | 0 | 0 | (61) |
| Profit on operating activities | 296,681 | 256,731 | 320,292 | 480,747 | (489,268) | 865,183 |
| Depreciation | 33,366 | 72,093 | 57,813 | 2,876 | 104 | 166,252 |
| EBITDA | 330,047 | 328,824 | 378,105 | 483,623 | (489,164) | 1,031,435 |
| Interest income | 554 | 104 | 321 | 190 | 0 | 1,169 |
| Interest costs and discounts | (8,818) | (18,578) | (29,165) | (2,894) | 0 | (59,455) |
| Profit before tax | 286,832 | 237,037 | 287,831 | 476,525 | (489,268) | 798,957 |
| Income tax | (51,783) | (23,148) | (49,985) | 8,086 | (2,475) | (119,305) |
| Net profit | 235,049 | 213,889 | 237,846 | 484,611 | (491,743) | 679,652 |
| Balance sheet | ||||||
| Total assets | 1,139,746 | 1,210,908 | 1,386,191 | 582,212 | (432,914) | 3,886,143 |
| Liabilities | 283,669 | 654,596 | 999,874 | 102,887 | (96,469) | 1,944,557 |
| Other figures | ||||||
| Expenditures on property, plant and equipment, and intangible assets | 7,321 | 211,303 | 143,406 | 25,010 | 0 | 387,040 |
*The ‘Eliminations’ item covers the elimination of inter-segment transactions and consolidation adjustments. In the statement of profit or loss it is mainly related to the sale of aluminium profiles by the EPS to the ASS, and elimination of dividends paid among the Capital Group companies. As regards assets and equity/liabilities, the eliminations refer mainly to inter-segment settlements on account of the aforesaid titles. All of the transactions are concluded on arm’s length basis.
Selected financial segments’ financial figures in 2021
| Operating segments | FPS | EPS | ASS | Other | Eliminations* | Total |
|---|---|---|---|---|---|---|
| Statement of profit or loss | ||||||
| Sales | 1,170,148 | 1,818,415 | 1,994,850 | 19,670 | (405,508) | 4,597,575 |
| – of which outside the Capital Group | 1,170,030 | 1,434,769 | 1,992,215 | 312 | 0 | 4,597,326 |
| – of which to related parties | 118 | 383,646 | 2,635 | 19,358 | (405,508) | 249 |
| Dividends | 0 | 0 | 0 | 398,048 | (398,048) | 0 |
| Write-down of materials and trade goods | 1,576 | (1,080) | (5,707) | 0 | 0 | (5,211) |
| Write-downs of receivables | 186 | (1,253) | 1,337 | 0 | 0 | 270 |
| Write-downs of property, plant and equipment, and intangible assets | 21 | (1,288) | (3) | 0 | 0 | (1,270) |
| Profit on operating activities | 254,780 | 217,217 | 301,123 | 380,446 | (407,518) | 746,048 |
| Depreciation | 33,353 | 68,621 | 48,373 | 3,220 | 79 | 153,646 |
| EBITDA | 288,133 | 285,838 | 349,496 | 383,666 | (407,439) | 899,694 |
| Interest income | 58 | 123 | 1,628 | 5 | 0 | 1,814 |
| Interest costs and discounts | (2,814) | (4,762) | (4,878) | (386) | 0 | (12,840) |
| Profit before tax | 251,327 | 213,664 | 296,955 | 378,475 | (407,516) | 732,905 |
| Income tax | (48,643) | (41,353) | (56,160) | 6,771 | 1,848 | (137,537) |
| Net profit | 202,684 | 172,311 | 240,795 | 385,246 | (405,668) | 595,368 |
| Balance sheet | ||||||
| Total assets | 1,086,344 | 1,215,301 | 1,262,926 | 465,693 | (503,449) | 3,526,815 |
| Liabilities | 325,708 | 708,746 | 773,966 | 108,229 | (159,277) | 1,757,372 |
| Other figures | ||||||
| Expenditures on property, plant and equipment, and intangible assets | 8,159 | 66,920 | 99,083 | 1,315 | 0 | 175,477 |
*The ‘Eliminations’ item covers the elimination of inter-segment transactions and consolidation adjustments. In the statement of profit or loss it is mainly related to the sale of aluminium profiles by the EPS to the ASS, and elimination of dividends paid among the Capital Group companies. As regards assets and equity/liabilities, the eliminations refer mainly to inter-segment settlements on account of the aforesaid titles. All of the transactions are concluded on arm’s length basis.