Key financial indicators

Overview of key financial indicators in 1-12 2020

Sales (in HRKm) 2020 2019 % change
Total revenues of Podravka Group 4,526.5 4,460.2 1.5%
Sales revenues of Podravka Group 4,503.2 4,409.4 2.1%
Sales revenues of Food 3,527.0 3,454.0 2.1%
Sales revenues of Pharma 976.2 955.4 2.2%
Podravka Group's profitability (in HRKm) 2020 2019 % change
Group's gross profit 1,659.4 1,631.5 1.7%
Group's gross profit margin 36.8% 37.0%  -15 bb
Group's EBITDA 546.7 509.0 7.4%
Group's EBITDA margin 12.1% 11.5%  +60 bb
Group's EBIT 332.3 283.5 17.2%
Group's EBIT margin 7.4% 6.4%  + 95 bb
Group's net profit after MI 248.9 221.6 12.3%
Group's net profit margin after MI 5.5% 5.0%  +50 bb
Podravka Group's balance sheet (in HRKm) 31.12.2020 31.12.2019 % change
Total assets 4,940.6 4,883.8 1.2%
Shareholders' equity 3,372.1 3,173.1 6.3%
Minority interests 54.9 46.3 18.5%
Cash and cash equivalents 51.9 55.6 (0.1%)
Financial debt 785.2 878.0 (0.1%)
Net debt 733.3 822.4 (0.1%)
Podravka Group's cash flow (in HRKm) 2020 2019 % change
Net cash flow from operating activities 384.5 272.9 40.9%
Capital expenditures 192.4 153.9 110f%
Depreciation and amortization 218.2 216.0 1.0%
Free cash flow 192.1 119.0 61.4%
Podravka Group's ratios and indicators 31.12.2020 31.12.2019 % change
Employee number at the end of period (in units) 6,650 6,652 2.0%
P&L interest expense (in HRKm) 11.5 14.9  (0.2%)
Sales revenues / Number of employees (in HRK000) 677.2 662.9 110.1f%
Net profit after MI / Sales revenues (in HRK000) 37.4 33.3 12.4%
Return on average assets 5.1% 4.7%  +41 bb
Return on average capital 7.6% 7.3%  +26 bb
Return on average invested capital 6.5% 6.3% +23 bb
Total shareholders' equity / Total assets 69.4% 65.9%  +344 bb
EBIT / P&L interest expense 28.3 20.1 40.5%
Net debt / EBITDA 1.4 1.6  (0.2%)
Sales (in HRKm) 1-9 2020 1-9 2019 % change
Total revenues of Podravka Group 3,339.5 3,261.3 2.4%
Sales revenues of Podravka Group 3,328.6 3,238.5 2.8%
Sales revenues of Food 2,619.7 2,550.3 2.7%
Sales revenues of Pharma 708.9 688.2 3.0%
Podravka Group's profitability (in HRKm) 1-9 2020 1-9 2019 % change
Group's gross profit 1,232.5 1,206.1 2.2%
Group's gross profit margin 37.0% 37.2% -21 bb
Group's EBITDA 435.5 413.2 5.4%
Group's EBITDA margin 13.1% 12.8% +33 bb
Group's EBIT 272.7 252.2 8.1%
Group's EBIT margin 8.2% 7.8% +41 bb
Group's net profit after MI 210.1 194.3 8.1%
Group's net profit margin after MI 6.3% 6.0% +31 bb
Podravka Group's balance sheet (in HRKm) 30.9.2020 31.12.2019 % change
Total assets 5,102.8 4,883.8 4.5%
Shareholders' equity 3,329.6 3,173.1 4.9%
Minority interests 50.7 46.3 9.4%
Cash and cash equivalents 131.2 55.6 136.0%
Financial debt 888.7 878.0 1.2%
Net debt 757.5 822.4  (0.1%)
Podravka Group's cash flow (in HRKm) 1-9 2020 1-9 2019 % change
Net cash flow from operating activities 290.5 175.7 65.3%
Capital expenditures 139.8 101.4  (0.4%)
Depreciation and amortization 162.8 161.1 1.1%
Free cash flow 150.7 74.3 102.9%
Podravka Group's ratios and indicators 30.9.2020 31.12.2019 % change
Employee number at the end of period (in units) 6,807 6,652 2.0%
P&L interest expense (in HRKm) 11.8 14.9  (0.2%)
Sales revenues / Number of employees (in HRK000) 661.0 662.9  (0.0%)
Net profit after MI / Sales revenues (in HRK000) 34.9 33.3 4.7%
Return on average assets 4.9% 4.7%  +20 bb
Return on average capital 7.4% 7.3%  +11 bb
Return on average invested capital 6.5% 6.3% +29 bb
Total shareholders' equity / Total assets 66.2% 65.9%  +32 bb
EBIT / P&L interest expense 27.0 20.1 33.9%
Net debt / EBITDA 1.4 1.6  (0.1%)
Sales (in HRKm) 1-6 2020 1-6 2019 % change
Total revenues of Podravka Group ='[1]Grupa konsol '!$W$9/1000 ='[1]Grupa konsol '!$K$9/1000 =+B2/C2-1
Sales revenues of Podravka Group ='[1]Grupa konsol '!$W$14/1000 ='[1]Grupa konsol '!$K$14/1000 =+B3/C3-1
Sales revenues of Food ='[2]Profitabilnost 1H 2020.'!$C$25 ='[2]Profitabilnost 1H 2020.'!$B$25 =+B4/C4-1
Sales revenues of Pharma ='[2]Profitabilnost 1H 2020.'!$C$46 ='[2]Profitabilnost 1H 2020.'!$B$46 =+B5/C5-1
Podravka Group's profitability (in HRKm) 1-6 2020 1-6 2019 % change
Group's gross profit ='[2]Profitabilnost 1H 2020.'!$C$4 ='[2]Profitabilnost 1H 2020.'!$B$4 =+B7/C7-1
Group's gross profit margin ='[2]Profitabilnost 1H 2020.'!$C$9 ='[2]Profitabilnost 1H 2020.'!$B$9 =+IF((ROUND((B8-C8)*10000/1,0))>0,"+"&ROUND((B8-C8)*10000/1,0)&" bb",ROUND((B8-C8)*10000/1,0)&" bb")
Group's EBITDA ='[2]Profitabilnost 1H 2020.'!$C$5 ='[2]Profitabilnost 1H 2020.'!$B$5 =+B9/C9-1
Group's EBITDA margin ='[2]Profitabilnost 1H 2020.'!$C$10 ='[2]Profitabilnost 1H 2020.'!$B$10 =+IF((ROUND((B10-C10)*10000/1,0))>0,"+"&ROUND((B10-C10)*10000/1,0)&" bb",ROUND((B10-C10)*10000/1,0)&" bb")
Group's EBIT ='[2]Profitabilnost 1H 2020.'!$C$6 ='[2]Profitabilnost 1H 2020.'!$B$6 =+B11/C11-1
Group's EBIT margin ='[2]Profitabilnost 1H 2020.'!$C$11 ='[2]Profitabilnost 1H 2020.'!$B$11 =+IF((ROUND((B12-C12)*10000/1,0))>0,"+"&ROUND((B12-C12)*10000/1,0)&" bb",ROUND((B12-C12)*10000/1,0)&" bb")
Group's net profit after MI ='[2]Profitabilnost 1H 2020.'!$C$7 ='[2]Profitabilnost 1H 2020.'!$B$7 =+B13/C13-1
Group's net profit margin after MI ='[2]Profitabilnost 1H 2020.'!$C$12 ='[2]Profitabilnost 1H 2020.'!$B$12 =+IF((ROUND((B14-C14)*10000/1,0))>0,"+"&ROUND((B14-C14)*10000/1,0)&" bb",ROUND((B14-C14)*10000/1,0)&" bb")
Podravka Group's balance sheet (in HRKm) 30.6.2020 31.12.2019 % change
Total assets =[2]BS!$E$27/1000 =[2]BS!$C$27/1000 =+B16/C16-1
Shareholders' equity =[2]BS!$E$37/1000 =[2]BS!$C$37/1000 =+B17/C17-1
Minority interests =[2]BS!$E$38/1000 =[2]BS!$C$38/1000 =+B18/C18-1
Cash and cash equivalents =[2]BS!$E$23/1000 =[2]BS!$C$23/1000 =+B19/C19-1
Financial debt =[2]Zaduženost!$C$22 =[2]Zaduženost!$B$22 =+B20/C20-1
Net debt =[2]Zaduženost!$C$21 =[2]Zaduženost!$B$21 =+B21/C21-1
Podravka Group's cash flow (in HRKm) 1-6 2020 1-6 2019 % change
Net cash flow from operating activities =[2]CF!$D$51/1000 =[2]CF!$C$51/1000 =+B23/C23-1
Capital expenditures =-[2]CF!$D$59/1000 =-[2]CF!$C$59/1000 =+B24/C24-1
Depreciation and amortization =[2]CF!$D$9/1000 =[2]CF!$C$9/1000 =+B25/C25-1
Free cash flow =B23-B24 =C23-C24 =+B26/C26-1
Podravka Group's ratios and indicators 30.6.2020 31.12.2019 % change
Employee number at the end of period (in units) 6,785 6,652 =+B28/C28-1
P&L interest expense (in HRKm) =[2]Zaduženost!$C$3 =[2]Zaduženost!$B$3 =+B29/C29-1
Sales revenues / Number of employees (in HRK000) =[2]Dionica!$AI$21*1000/B28 =[2]Dionica!$AI$24*1000/C28 =+B30/C30-1
Net profit after MI / Sales revenues (in HRK000) =[2]Dionica!$AI$36*1000/B28 =[2]Dionica!$AI$39*1000/C28 =+B31/C31-1
Return on average assets ='[2]Ključni pokazatelji u razdoblju'!$C$16 ='[2]Ključni pokazatelji u razdoblju'!$B$16 =+IF((ROUND((B32-C32)*10000/1,0))>0,"+"&ROUND((B32-C32)*10000/1,0)&" bb",ROUND((B32-C32)*10000/1,0)&" bb")
Return on average capital ='[2]Ključni pokazatelji u razdoblju'!$C$15 ='[2]Ključni pokazatelji u razdoblju'!$B$15 =+IF((ROUND((B33-C33)*10000/1,0))>0,"+"&ROUND((B33-C33)*10000/1,0)&" bb",ROUND((B33-C33)*10000/1,0)&" bb")
Return on average invested capital ='[2]Ključni pokazatelji u razdoblju'!$H$25 ='[2]Ključni pokazatelji u razdoblju'!$I$25 =+IF((ROUND((B34-C34)*10000/1,0))>0,"+"&ROUND((B34-C34)*10000/1,0)&" bb",ROUND((B34-C34)*10000/1,0)&" bb")
Total shareholders' equity / Total assets =(B17+B18)/B16 =(C17+C18)/C16 =+IF((ROUND((B35-C35)*10000/1,0))>0,"+"&ROUND((B35-C35)*10000/1,0)&" bb",ROUND((B35-C35)*10000/1,0)&" bb")
EBIT / P&L interest expense =[2]Zaduženost!$C$5 =[2]Zaduženost!$B$5 =+B36/C36-1
Net debt / EBITDA =[2]Zaduženost!$C$4 =[2]Zaduženost!$B$4 =+B37/C37-1
Sales (in HRKm) 1-3 2020 1-3 2019 % change
Total revenues of Podravka Group ='[3]Grupa konsol '!$W$9/1000 ='[3]Grupa konsol '!$K$9/1000 =+B2/C2-1
Sales revenues of Podravka Group ='[3]Grupa konsol '!$W$14/1000 ='[3]Grupa konsol '!$K$14/1000 =+B3/C3-1
Sales revenues of Food ='[4]Profitabilnost 1Q 2020.'!$C$22 ='[4]Profitabilnost 1Q 2020.'!$B$22 =+B4/C4-1
Sales revenues of Pharma ='[4]Profitabilnost 1Q 2020.'!$C$40 ='[4]Profitabilnost 1Q 2020.'!$B$40 =+B5/C5-1
Podravka Group's profitability (in HRKm) 1-3 2020 1-3 2019 % change
Group's gross profit ='[4]Profitabilnost 1Q 2020.'!$C$4 ='[4]Profitabilnost 1Q 2020.'!$B$4 =+B7/C7-1
Group's gross profit margin ='[4]Profitabilnost 1Q 2020.'!$C$9 ='[4]Profitabilnost 1Q 2020.'!$B$9 =+IF((ROUND((B8-C8)*10000/1,0))>0,"+"&ROUND((B8-C8)*10000/1,0)&" bb",ROUND((B8-C8)*10000/1,0)&" bb")
Group's EBITDA ='[4]Profitabilnost 1Q 2020.'!$C$5 ='[4]Profitabilnost 1Q 2020.'!$B$5 =+B9/C9-1
Group's EBITDA margin ='[4]Profitabilnost 1Q 2020.'!$C$10 ='[4]Profitabilnost 1Q 2020.'!$B$10 =+IF((ROUND((B10-C10)*10000/1,0))>0,"+"&ROUND((B10-C10)*10000/1,0)&" bb",ROUND((B10-C10)*10000/1,0)&" bb")
Group's EBIT ='[4]Profitabilnost 1Q 2020.'!$C$6 ='[4]Profitabilnost 1Q 2020.'!$B$6 =+B11/C11-1
Group's EBIT margin ='[4]Profitabilnost 1Q 2020.'!$C$11 ='[4]Profitabilnost 1Q 2020.'!$B$11 =+IF((ROUND((B12-C12)*10000/1,0))>0,"+"&ROUND((B12-C12)*10000/1,0)&" bb",ROUND((B12-C12)*10000/1,0)&" bb")
Group's net profit after MI ='[4]Profitabilnost 1Q 2020.'!$C$7 ='[4]Profitabilnost 1Q 2020.'!$B$7 =+B13/C13-1
Group's net profit margin after MI ='[4]Profitabilnost 1Q 2020.'!$C$12 ='[4]Profitabilnost 1Q 2020.'!$B$12 =+IF((ROUND((B14-C14)*10000/1,0))>0,"+"&ROUND((B14-C14)*10000/1,0)&" bb",ROUND((B14-C14)*10000/1,0)&" bb")
Podravka Group's balance sheet (in HRKm) 31.3.2020 31.12.2019 % change
Total assets =[4]BS!$E$27/1000 =[4]BS!$C$27/1000 =+B16/C16-1
Shareholders' equity =[4]BS!$E$37/1000 =[4]BS!$C$37/1000 =+B17/C17-1
Minority interests =[4]BS!$E$38/1000 =[4]BS!$C$38/1000 =+B18/C18-1
Cash and cash equivalents =[4]BS!$E$23/1000 =[4]BS!$C$23/1000 =+B19/C19-1
Financial debt =[4]Zaduženost!$C$22 =[4]Zaduženost!$B$22 =+B20/C20-1
Net debt =[4]Zaduženost!$C$21 =[4]Zaduženost!$B$21 =+B21/C21-1
Podravka Group's cash flow (in HRKm) 1-3 2020 1-3 2019 % change
Net cash flow from operating activities =[4]CF!$D$50/1000 =[4]CF!$C$50/1000 =+B23/C23-1
Capital expenditures =-[4]CF!$D$58/1000 =-[4]CF!$C$58/1000 =+B24/C24-1
Depreciation and amortization =[4]CF!$D$9/1000 =[4]CF!$C$9/1000 =+B25/C25-1
Free cash flow =B23-B24 =C23-C24 =+B26/C26-1
Podravka Group's ratios and indicators 31.3.2020 31.12.2019 % change
Employee number at the end of period (in units) 6,756 6,652 =+B28/C28-1
P&L interest expense (in HRKm) =[4]Zaduženost!$C$3 =[4]Zaduženost!$B$3 =+B29/C29-1
Sales revenues / Number of employees (in HRK000) =[4]Dionica!$AI$21*1000/B28 =[4]Dionica!$AI$24*1000/C28 =+B30/C30-1
Net profit after MI / Sales revenues (in HRK000) =[4]Dionica!$AI$36*1000/B28 =[4]Dionica!$AI$39*1000/C28 =+B31/C31-1
Return on average assets =(('[4]P&L'!$E$29-'[4]P&L'!$C$29+'[5]P&L'!$E$29)/1000)/((AVERAGE(B16:C16))) ='[6]1.-12. 2019.'!$B$32 =+IF((ROUND((B32-C32)*10000/1,0))>0,"+"&ROUND((B32-C32)*10000/1,0)&" bb",ROUND((B32-C32)*10000/1,0)&" bb")
Return on average capital =(('[4]P&L'!$E$29-'[4]P&L'!$C$29+'[5]P&L'!$E$29)/1000)/((AVERAGE(B17:C17)+AVERAGE(B18:C18))) ='[6]1.-12. 2019.'!$B$33 =+IF((ROUND((B33-C33)*10000/1,0))>0,"+"&ROUND((B33-C33)*10000/1,0)&" bb",ROUND((B33-C33)*10000/1,0)&" bb")
Return on average invested capital =((B11+'[6]1.-12.2018.'!B11-C11)*(1-0.18))/((AVERAGE(B17:C17)+AVERAGE(B20:C20)+AVERAGE(B18:C18)-AVERAGE(B19:C19))) ='[6]1.-12. 2019.'!$B$34 =+IF((ROUND((B34-C34)*10000/1,0))>0,"+"&ROUND((B34-C34)*10000/1,0)&" bb",ROUND((B34-C34)*10000/1,0)&" bb")
Total shareholders' equity / Total assets =(B17+B18)/B16 =(C17+C18)/C16 =+IF((ROUND((B35-C35)*10000/1,0))>0,"+"&ROUND((B35-C35)*10000/1,0)&" bb",ROUND((B35-C35)*10000/1,0)&" bb")
EBIT / P&L interest expense =[4]Zaduženost!$C$5 =[4]Zaduženost!$B$5 =+B36/C36-1
Net debt / EBITDA =[4]Zaduženost!$C$4 =[4]Zaduženost!$B$4 =+B37/C37-1
Sales (in HRKm) 2019 2018 % change
Total revenues of Podravka Group ='[7]1.-12. 2019.'!$B$2 ='[7]1.-12. 2019.'!C2 ='[7]1.-12. 2019.'!D2
Sales revenues of Podravka Group ='[7]1.-12. 2019.'!B3 ='[7]1.-12. 2019.'!C3 ='[7]1.-12. 2019.'!D3
Sales revenues of Food ='[7]1.-12. 2019.'!B4 ='[7]1.-12. 2019.'!C4 ='[7]1.-12. 2019.'!D4
Sales revenues of Pharma ='[7]1.-12. 2019.'!B5 ='[7]1.-12. 2019.'!C5 ='[7]1.-12. 2019.'!D5
Podravka Group's profitability (in HRKm) 2019 2018 % change
Group's gross profit ='[7]1.-12. 2019.'!B7 ='[7]1.-12. 2019.'!C7 ='[7]1.-12. 2019.'!D7
Group's gross profit margin ='[7]1.-12. 2019.'!$B$8 ='[7]1.-12. 2019.'!C8 ='[7]1.-12. 2019.'!D8
Group's EBITDA ='[7]1.-12. 2019.'!B9 ='[7]1.-12. 2019.'!C9 ='[7]1.-12. 2019.'!D9
Group's EBITDA margin ='[7]1.-12. 2019.'!B10 ='[7]1.-12. 2019.'!C10 ='[7]1.-12. 2019.'!D10
Group's EBIT ='[7]1.-12. 2019.'!B11 ='[7]1.-12. 2019.'!C11 ='[7]1.-12. 2019.'!D11
Group's EBIT margin ='[7]1.-12. 2019.'!B12 ='[7]1.-12. 2019.'!C12 ='[7]1.-12. 2019.'!D12
Group's net profit after MI ='[7]1.-12. 2019.'!B13 ='[7]1.-12. 2019.'!C13 ='[7]1.-12. 2019.'!D13
Group's net profit margin after MI ='[7]1.-12. 2019.'!B14 ='[7]1.-12. 2019.'!C14 ='[7]1.-12. 2019.'!D14
Podravka Group's balance sheet (in HRKm) 2019 2018 % change
Total assets ='[7]1.-12. 2019.'!B16 4,846.1 ='[7]1.-12. 2019.'!D16
Shareholders' equity ='[7]1.-12. 2019.'!B17 3,005.3 ='[7]1.-12. 2019.'!D17
Minority interests ='[7]1.-12. 2019.'!B18 42.4 ='[7]1.-12. 2019.'!D18
Cash and cash equivalents ='[7]1.-12. 2019.'!B19 211.1 ='[7]1.-12. 2019.'!D19
Financial debt ='[7]1.-12. 2019.'!B20 966.2 ='[7]1.-12. 2019.'!D20
Net debt ='[7]1.-12. 2019.'!B21 755.1 ='[7]1.-12. 2019.'!D21
Podravka Group's cash flow (in HRKm) 31.12.2019 31.12.2018 % change
Net cash flow from operating activities ='[7]1.-12. 2019.'!B23 ='[7]1.-12. 2019.'!C23 ='[7]1.-12. 2019.'!D23
Capital expenditures ='[7]1.-12. 2019.'!B24 ='[7]1.-12. 2019.'!C24 ='[7]1.-12. 2019.'!D24
Depreciation and amortization ='[7]1.-12. 2019.'!B25 ='[7]1.-12. 2019.'!C25 ='[7]1.-12. 2019.'!D25
Free cash flow ='[7]1.-12. 2019.'!B26 ='[7]1.-12. 2019.'!C26 ='[7]1.-12. 2019.'!D26
Podravka Group's ratios and indicators 31.12.2019 31.12.2018 % change
Employee number at the end of period (in units) ='[7]1.-12. 2019.'!B28 ='[7]1.-12. 2019.'!C28 ='[7]1.-12. 2019.'!D28
P&L interest expense (in HRKm) ='[7]1.-12. 2019.'!B29 ='[7]1.-12. 2019.'!C29 ='[7]1.-12. 2019.'!D29
Sales revenues / Number of employees (in HRK000) ='[7]1.-12. 2019.'!B30 ='[7]1.-12. 2019.'!C30 ='[7]1.-12. 2019.'!D30
Net profit after MI / Sales revenues (in HRK000) ='[7]1.-12. 2019.'!B31 ='[7]1.-12. 2019.'!C31 ='[7]1.-12. 2019.'!D31
Return on average assets ='[7]1.-12. 2019.'!B32 ='[7]1.-12. 2019.'!C32 ='[7]1.-12. 2019.'!D32
Return on average capital ='[7]1.-12. 2019.'!B33 ='[7]1.-12. 2019.'!C33 ='[7]1.-12. 2019.'!D33
Return on average invested capital ='[7]1.-12. 2019.'!B34 ='[7]1.-12. 2019.'!C34 ='[7]1.-12. 2019.'!D34
Total shareholders' equity / Total assets ='[7]1.-12. 2019.'!B35 ='[7]1.-12. 2019.'!C35 ='[7]1.-12. 2019.'!D35
EBIT / P&L interest expense ='[7]1.-12. 2019.'!B36 ='[7]1.-12. 2019.'!C36 ='[7]1.-12. 2019.'!D36
Net debt / EBITDA ='[7]1.-12. 2019.'!B37 ='[7]1.-12. 2019.'!C37 ='[7]1.-12. 2019.'!D37
Sales (in HRKm) 1-9 2019 1-9 2018 % change
Total revenues of Podravka Group 3,261.3 3,088.1 5.6%
Sales revenues of Podravka Group 3,238.5 3,078.3 5.2%
Sales revenues of Food 2,550.3 2,439.0 4.6%
Sales revenues of Pharma 688.2 639.3 7.7%
Podravka Group's profitability (in HRKm) 1-9 2019 1-9 2018 % change
Group's gross profit 1,206.1 1,144.2 5.4%
Group's gross profit margin 37.2% 37.2% +7 bb
Group's EBITDA 413.2 379.4 8.9%
Group's EBITDA margin 12.8% 12.3% +43 bb
Group's EBIT 252.2 238.8 5.6%
Group's EBIT margin 7.8% 7.8% +3 bb
Group's net profit after MI 194.3 185.9 4.5%
Group's net profit margin after MI 6.0% 6.0% -4 bb
Podravka Group's balance sheet (in HRKm) 1-9 2019 1-9 2018 % change
Total assets 4,985.4 4,846.1 2.9%
Shareholders' equity 3,137.2 3,005.3 4.4%
Minority interests 45.6 42.4 7.6%
Cash and cash equivalents 129.3 211.1 -38.7%
Financial debt 984.6 966.2 1.9%
Net debt 855.2 755.1 13.3%
Podravka Group's cash flow (in HRKm) 30.09.2019 31.12.2018 % change
Net cash flow from operating activities 219.4 146.6 49.7%
Capital expenditures 101.4 108.5 -6.5%
Depreciation and amortization 161.1 140.6 14.5%
Free cash flow 118.0 38.1 209.7%
Podravka Group's ratios and indicators 30.09.2019 31.12.2018 % change
Employee number at the end of period (in units) 6,872 6,517 5.4%
P&L interest expense (in HRKm) 15.5 17.9 -13.8%
Sales revenues / Number of employees (in HRK000) 639.2 649.4 -1.6%
Net profit after MI / Sales revenues (in HRK000) 31.1 31.6 -1.3%
Return on average assets 4.5% 4.3% +19 bb
Return on average capital 7.0% 7.1% -8 bb
Return on average invested capital 5.7% 5.4% +25 bb
Total shareholders' equity / Total assets 63.8% 62.9% +95 bb
EBIT / P&L interest expense 17.6 14.4 22.0%
Net debt / EBITDA 1.7 1.6 5.6%
Sales (in HRKm) 1-6 2019 1-6 2018 % change
Total revenues of Podravka Group 2,156.2 2,031.7 6.1%
Sales revenues of Podravka Group 2,139.5 2,035.1 5.1%
Sales revenues of Food 1,684.3 1,602.2 5.1%
Sales revenues of Pharma 455.2 432.8 5.2%
Podravka Group's profitability (in HRKm) 1-6 2019 1-6 2018 % change
Group's gross profit 803.8 760.6 5.7%
Group's gross profit margin 37.6% 37.4%  +19 bp
Group's EBITDA 288.6 243.5 18.5%
Group's EBITDA margin 13.5% 12.0%  +152 bp
Group's EBIT 182.9 149.2 22.6%
Group's EBIT margin 8.5% 7.3%  +122 bp
Group's net profit after MI 140.0 120.7 16.1%
Group's net profit margin after MI 6.5% 5.9%  +62 bp
Podravka Group's balance sheet (in HRKm) 1-6 2019 1-6 2018 % change
Total assets 4,939.8 4,846.1 1.9%
Shareholders' equity 3,080.8 3,005.3 2.5%
Minority interests 44.6 42.4 5.3%
Cash and cash equivalents 146.9 211.1 -30.4%
Financial debt 922.8 966.2 -4.5%
Net debt 775.9 755.1 2.7%
Podravka Group's cash flow (in HRKm) 30.06.2019 31.12.2018 % change
Net cash flow from operating activities 152.8 99.0 53.8%
Capital expenditures 65.6 67.4 -2.7%
Depreciation and amortization 105.8 94.3 12.1%
Free cash flow 87.2 31.6 175.8%
Podravka Group's ratios and indicators 30.06.2019 31.12.2018 % change
Employee number at the end of period (in units) 6,793 6,517 4.2%
P&L interest expense (in HRKm) 16.5 17.9 -8.2%
Sales revenues / Number of employees (in HRK000) 638.4 649.4 -1.7%
Net profit after MI / Sales revenues (in HRK000) 33.1 31.6 4.9%
Return on average assets 5.0% 4.5%  +52 bp
Return on average capital 7.9% 7.5%  +46 bp
Return on average invested capital 6.2% 5.4% +37 bp
Total shareholders' equity / Total assets 63.3% 62.9%  +38 bp
EBIT / P&L interest expense 18.7 15.2 23.5%
Net debt / EBITDA 1.5 1.6 -6.8%
Sales (in HRKm) 1-3 2019 1-3 2018 % change
Total revenues of Podravka Group 1,030.6 987.1 4.4%
Sales revenues of Podravka Group 1,017.4 988.9 2.9%
Sales revenues of Food 815.5 789.8 3.3%
Sales revenues of Pharma 201.9 199.0 1.4%
Podravka Group's profitability (in HRKm) 1-3 2019 1-3 2018 % change
Group's gross profit 384.0 371.5 3.4%
Group's gross profit margin 37.7% 37.6% +17 bb
Group's EBITDA 156.5 135.6 15.4%
Group's EBITDA margin 15.4% 13.7% +166 bp
Group's EBIT 104.4 87.7 19.1%
Group's EBIT margin 10.3% 8.9% +139 bp
Group's net profit after MI 80.1 69.8 14.8%
Group's net profit margin after MI 7.9% 7.1% +82 bp
Podravka Group's balance sheet (in HRKm) 31.03.2019 31.12.2018 % change
Total assets 4,904.6 4,846.1 1.2%
Shareholders' equity 3,086.5 3,005.3 2.7%
Minority interests 43.9 42.4 3.5%
Cash and cash equivalents 145.1 211.1 -31.3%
Financial debt 984.2 966.2 1.9%
Net debt 839.1 755.1 11.1%
Podravka Group's cash flow (in HRKm) 1-3 2019 1-3 2018 % change
Net cash flow from operating activities 50.3 -41.4 -221.3%
Capital expenditures 24.1 24.5 -1.5%
Depreciation and amortization 52.1 47.9 8.6%
Free cash flow 26.2  (65.9) -139.7%
Podravka Group's ratios and indicators 31.03.2019 31.12.2018 % change
Employee number at the end of period (in units) 6,657 6,517 2.1%
P&L interest expense (in HRKm) 17.1 17.9 -4.6%
Sales revenues / Number of employees (in HRK000) 640.0 649.4 -1.4%
Net profit after MI / Sales revenues (in HRK000) 32.5 31.6 2.8%
Return on average assets 4.6% 4.3% +29 bp
Return on average capital 7.2% 7.1% +8 bp
Return on average invested capital 5.8% 5.4% +37 bp
Total shareholders' equity / Total assets 63.8% 62.9% +93 bp
EBIT / P&L interest expense 16.1 14.4 11.6%
Net debt / EBITDA 1.7 1.6 6.3%
Sales (in HRKm) 1-12 2018 1-12 2017 % change
Total revenues of Podravka Group 4,240.5 4,110.9 3.2%
Sales revenues of Podravka Group 4,232.1 4,111.2 2.9%
Sales revenues of Food 3,335.3 3,243.7 2.8%
Sales revenues of Pharma 896.9 867.5 3.4%
Podravka Group's profitability (in HRKm) 1-12 2018 1-12 2017 % change
Group's gross profit 1,558.4 1,484.1 5.0%
Group's gross profit margin 36.8% 36.1% +72 bp
Group's EBITDA 463.7 374.1 24.0%
Group's EBITDA margin 11.0% 9.1% +186 bp
Group's EBIT 258.4 91.1 183.8%
Group's EBIT margin 6.1% 2.2% +389 bp
Group's net profit after MI 205.7 18.2 1027.2%
Group's net profit margin after MI 4.9% 0.4% +442 bp
Podravka Group's balance sheet (in HRKm) 31.12.2018 31.12.2017 % change
Total assets 4,846.1 5,061.4  (0.0%)
Shareholders' equity 3,005.3 2,860.1 5.1%
Minority interests 42.4 36.7 15.5%
Cash and cash equivalents 211.1 362.1  (0.4%)
Financial debt 966.2 1,271.1  (0.2%)
Net debt 755.1 909.1  (0.2%)
Podravka Group's cash flow (in HRKm) 1-12 2018 1-12 2017 % change
Net cash flow from operating activities 316.9 473.4  (0.3%)
Capital expenditures 166.1 206.8  (0.2%)
Depreciation and amortization 192.7 194.0  (0.0%)
Free cash flow 150.8 266.6  (0.4%)
Podravka Group's ratios and indicators 31.12.2018 31.12.2017 % change
Employee number at the end of period (in units) 6,517 6,306 3.3%
P&L interest expense (in HRKm) 17.9 26.9  (0.3%)
Sales revenues / Number of employees (in HRK000) 649.4 651.9  (0.0%)
Net profit after MI / Sales revenues (in HRK000) 31.6 2.9 990.7%
Return on average assets 4.3% 0.5% +381 bp
Return on average capital 7.1% 0.8% +630 bp
Return on average invested capital 5.4% 1.9% +351 bp
Total shareholders' equity / Total assets 62.9% 57.2% +566 bp
EBIT / P&L interest expense 14.4 3.4 325.3%
Net debt / EBITDA 1.6 2.4  (0.3%)
Sales (in HRKm) 1-9 2018 1-9 2017 % change
Total revenues of Podravka Group 3,088.1 2,979.5 3.6%
Sales revenues of Podravka Group 3,078.3 2,983.1 3.2%
Sales revenues of Food 2,439.0 2,372.3 2.8%
Sales revenues of Pharma 639.3 610.8 4.7%
Podravka Group's profitability (in HRKm) 1-9 2018 1-9 2017 % change
Group's gross profit 1,144.2 1,061.7 7.8%
Group's gross profit margin 37.2% 35.6% +158 bp
Group's EBITDA 379.4 254.4 49.1%
Group's EBITDA margin 12.3% 8.5% +380 bp
Group's EBIT 238.8 110.5 116.0%
Group's EBIT margin 7.8% 3.7% +405 bp
Group's net profit after MI 185.9 54.1 243.8%
Group's net profit margin after MI 6.0% 1.8% +423 bp
Podravka Group's balance sheet (in HRKm) 30.09.2018 31.12.2017 % change
Total assets 4,848.1 5,061.4  (0.0%)
Shareholders' equity 2,987.1 2,860.1 4.4%
Minority interests 40.5 36.7 10.5%
Cash and cash equivalents 146.0 362.1  (0.6%)
Financial debt 1,015.1 1,271.1  (0.2%)
Net debt 869.1 909.1  (0.0%)
Podravka Group's cash flow (in HRKm) 1-9 2018 1-9 2017 % change
Net cash flow from operating activities 146.6 193.1  (0.2%)
Capital expenditures 108.5 158.8  (0.3%)
Depreciation and amortization 140.6 143.8  (0.0%)
Free cash flow 38.1 34.3 11.0%
Podravka Group's ratios and indicators 30.09.2018 31.12.2017 % change
Employee number at the end of period (in units) 6,626 6,306 5.1%
P&L interest expense (in HRKm) 20.5 26.9  (0.2%)
Sales revenues / Number of employees (in HRK000) 634.8 651.9  (0.0%)
Net profit after MI / Sales revenues (in HRK000) 22.7 2.9 682.8%
Return on average assets 3.1% 0.5% +266 bp
Return on average capital 5.2% 0.8% +439 bp
Return on average invested capital 4.7% 1.9% +275 bp
Total shareholders' equity / Total assets 62.5% 57.2% +522 bp
EBIT / P&L interest expense 10.7 3.4 216.1%
Net debt / EBITDA 1.7 2.4  (0.3%)
Sales (in HRKm) 1-6 2018 1-6 2017 % change
Total revenues of Podravka Group 2,031.7 1,944.0 4.5%
Sales revenues of Podravka Group 2,035.1 1,951.2 4.3%
Sales revenues of Food 1,602.2 1,544.4 3.7%
Sales revenues of Pharma 432.8 406.8 6.4%
Podravka Group's profitability (in HRKm) 1-6 2018 1-6 2017 % change
Group's gross profit 760.6 693.7 9.7%
Group's gross profit margin 37.4% 35.6% +182 bp
Group's EBITDA 243.5 140.0 74.0%
Group's EBITDA margin 12.0% 7.2% +479 bp
Group's EBIT 149.2 44.8 233.2%
Group's EBIT margin 7.3% 2.3% +504 bp
Group's net profit after MI 120.7 24.8 386.7%
Group's net profit margin after MI 5.9% 1.3% +466 bp
Podravka Group's balance sheet (in HRKm) 30.06.2018 31.12.2017 % change
Total assets 4,852.9 5,061.4 -4.1%
Shareholders' equity 2,915.9 2,860.1 2.0%
Minority interests 38.1