CTT CORREIOS DE PORTUGAL financials
CTT CORREIOS DE PORTUGAL
Country: PT Reporting currency: EUR Latest annual report: 2022-12-31
LEI:
529900G4A1IKOKC22K56 ISIN: PTCTT0AM0001 Financial statements
(EUR, as reported — unscaled; 126 line items across 2 annual periods)
| Line item | 2022 | 2021 |
|---|---|---|
| Income statement | ||
| Cost of sales | €46.9M | €26.2M |
| Other income | €43.7M | €34.4M |
| Employee benefits expense | €358.2M | €358.0M |
| Operating profit (EBIT) | €56.1M | €61.9M |
| Finance costs | €9.3M | €8.5M |
| Profit before tax | €46.7M | €50.8M |
| Income tax expense | €10.4M | €12.2M |
| Profit for the year | €36.3M | €38.6M |
| — attributable to owners | €36.4M | €38.4M |
| — attributable to NCI | -€64.3K | €187.2K |
| Total comprehensive income | €88.0M | €42.2M |
| Per share | ||
| Basic EPS | €0.25 | €0.26 |
| Diluted EPS | €0.25 | €0.26 |
| Free cash flow / share | €0.99 | €0.25 |
| Cash flow statement | ||
| Cash generated from operations | -€73.1M | €16.3M |
| Net cash from operating activities | €160.0M | €53.3M |
| Net cash from investing activities | -€687.4M | €131.7M |
| Purchase of PP&E (capex) | €16.1M | €16.8M |
| Purchase of intangibles | €17.8M | €14.3M |
| Net cash from financing activities | €81.2M | €168.2M |
| Dividends paid | €17.7M | €12.8M |
| Proceeds from borrowings | €104.9M | €100.3M |
| Repayments of borrowings | €120.6M | €110.8M |
| Lease liability payments | €33.7M | €30.3M |
| Net change in cash | -€446.2M | €353.2M |
| Balance sheet | ||
| Total assets | €4.06B | €3.59B |
| Non-current assets | €2.25B | €1.97B |
| Intangible assets & goodwill | €80.3M | €81.5M |
| Current assets | €1.80B | €1.61B |
| Inventories | €8.0M | €6.9M |
| Trade & other receivables | €147.1M | €160.9M |
| Cash & equivalents | €456.5M | €877.9M |
| Total equity | €224.9M | €174.5M |
| — attributable to owners | €223.6M | €174.0M |
| Non-controlling interests | €1.3M | €563.1K |
| Non-current liabilities | €789.4M | €705.3M |
| Long-term borrowings | €136.2M | €149.3M |
| Current liabilities | €3.04B | €2.71B |
| Trade & other payables | €525.2M | €350.3M |
| Deferred tax liabilities | €9.8M | €2.4M |
| Derived metrics | ||
| Free cash flow | €143.9M | €36.5M |
| Operating margin | 7.1% | 8.2% |
| Net margin | 4.6% | 5.1% |
| Return on equity | 16.2% | 22.1% |
| Cash conversion ratio | 4.40× | 1.38× |
| Capex coverage | 9.96× | 3.18× |
| Other reported items | ||
| Cash Advances and Loans Made To Other Parties Classified As Investing Activities | €0 | €0 |
| Cash and Cash Equivalents If Different From Statement of Financial Position | €410.8M | €857.0M |
| Cash Receipts From Repayment of Advances and Loans Made To Other Parties Classified As Investing Activities | €0 | €0 |
| Comprehensive Income Attributable To Noncontrolling Interests | €762.9K | €239.4K |
| Comprehensive Income Attributable To Owners of Parent | €87.2M | €42.0M |
| Current Assets Other Than Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | €1.80B | €1.61B |
| Current Borrowings and Current Portion of Noncurrent Borrowings | €59.8M | €51.8M |
| Current Debt Instruments Issued | €351.7K | €35.1K |
| Current Financial Assets At Amortised Cost | €128.4M | €39.2M |
| Current Financial Assets At Fair Value Through Other Comprehensive Income | €0 | €1.2M |
| Current Financial Assets At Fair Value Through Profit Or Loss | €26.5M | €25.0M |
| Current Financial Liabilities At Fair Value Through Profit Or Loss | €26.3M | €0 |
| Current Prepaid Expenses | €9.0M | €8.7M |
| Current Provisions For Employee Benefits | €22.1M | €21.1M |
| Current Tax Assets Current | €1.1M | €8.3K |
| Current Tax Liabilities Current | €0 | €11.6M |
| Deferred Income Other Than Contract Liabilities | €3.7M | €3.5M |
| Deferred Tax Assets | €67.8M | €87.3M |
| Dividends Received Classified As Investing Activities | €0 | €0 |
| Dividends Recognised As Distributions To Owners Per Share | — | €0.12 |
| Equity and Liabilities | €4.06B | €3.59B |
| Expense By Nature | €850.5M | €786.0M |
| Finance Income | €30.1K | €25.4K |
| Gains Losses On Disposals of Noncurrent Assets | €3.6M | €956.5K |
| Income Tax Relating To Remeasurements of Defined Benefit Plans of Other Comprehensive Income | €19.7M | €1.4M |
| Income Taxes Paid Refund Classified As Operating Activities | €16.4M | €3.6M |
| Increase Decrease Through Appropriation of Retained Earnings | €0 | €0 |
| Increase Decrease Through Sharebased Payment Transactions | €1.6M | €1.2M |
| Increase Decrease Through Treasury Share Transactions | €0 | — |
| Intangible Assets Other Than Goodwill | €69.4M | €63.5M |
| Interest Paid Classified As Financing Activities | €433.3K | €283.7K |
| Interest Received Classified As Investing Activities | €148.0K | €38.2K |
| Interest Revenue Expense | €74.4M | €55.8M |
| Investment Property Completed | €6.2M | €6.3M |
| Investments In Associates Accounted For Using Equity Method | €481 | €481 |
| Investments In Joint Ventures Accounted For Using Equity Method | €0 | €18.0K |
| Issued Capital | €72.7M | €75.0M |
| Liabilities | €3.83B | €3.41B |
| Miscellaneous Other Operating Expense | €20.2M | €18.1M |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | €200 | €605.8K |
| Noncurrent Debt Instruments Issued | €445.2M | €277.8M |
| Noncurrent Financial Assets At Amortised Cost | €409.4M | €295.0M |
| Noncurrent Financial Assets At Fair Value Through Other Comprehensive Income | €0 | €4.9M |
| Noncurrent Financial Assets At Fair Value Through Profit Or Loss | €26.2M | €2.3M |
| Noncurrent Government Grants | €260.9K | €272.1K |
| Noncurrent Investments Other Than Investments Accounted For Using Equity Method | €961.4K | €311.7K |
| Noncurrent Payables | €0 | €0 |
| Noncurrent Provisions For Employee Benefits | €185.3M | €260.8M |
| Noncurrent Receivables | €0 | €0 |
| Other Cash Receipts From Sales of Equity Or Debt Instruments of Other Entities Classified As Investing Activities | €452.1M | €429.5M |
| Other Comprehensive Income | €51.7M | €3.6M |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | €70.6M | €5.0M |
| Other Comprehensive Income Net of Tax Financial Assets Measured At Fair Value Through Other Comprehensive Income | -€26.7K | -€56.6K |
| Other Comprehensive Income Net of Tax Gains Losses On Remeasurements of Defined Benefit Plans | €50.9M | €3.6M |
| Other Current Assets | €76.5M | €68.8M |
| Other Current Liabilities | €114.2M | €118.6M |
| Other Individually Immaterial Components of Other Comprehensive Income Net of Tax | €827.2K | €52.2K |
| Other Inflows Outflows of Cash Classified As Operating Activities | €249.5M | €40.6M |
| Other Longterm Provisions | €12.6M | €14.7M |
| Other Noncurrent Assets | €1.2M | €1.8M |
| Other Reserves | €53.8M | €67.1M |
| Payments To Acquire Or Redeem Entitys Shares | €21.6M | €6.4M |
| Payments To and On Behalf of Employees | €333.5M | €325.6M |
| Payments To Suppliers For Goods and Services | €442.6M | €383.5M |
| Proceeds From Issuing Other Equity Instruments | €867.0K | €34.0K |
| Proceeds From Sales of Investment Property | €181.1K | €0 |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | €233.4K | €2.2M |
| Proceeds From Sales Or Maturity of Financial Instruments Classified As Investing Activities | €292 | €0 |
| Purchase of Investments Other Than Investments Accounted For Using Equity Method | €650.0K | €15.7M |
| Purchase of Treasury Shares | €21.6M | €6.4M |
| Receipts From Sales of Goods and Rendering of Services | €822.2M | €740.5M |
| Reserve of Remeasurements of Defined Benefit Plans | €6.9M | -€44.0M |
| Retained Earnings Excluding Profit Loss For Reporting Period | €64.6M | €43.9M |
| Retained Earnings Profit Loss For Reporting Period | €36.4M | €38.4M |
| Revenue and Operating Income | €906.6M | €847.9M |
| Revenue From Contracts With Customers | €788.6M | €757.7M |
| Services Expense | €343.2M | €330.6M |
| Share of Other Comprehensive Income of Associates and Joint Ventures Accounted For Using Equity Method That Will Not Be Reclassified To Profit Or Loss Net of Tax | -€4.7K | €22.3K |
| Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method | -€187.0K | -€2.6M |
| Treasury Shares | €10.8M | €6.4M |
Methodology
Every line item above is a fact tagged in CTT CORREIOS DE PORTUGAL's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (EUR), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.