SOLARPACK CORPORACION TECNOLOGICA SA financials
SOLARPACK CORPORACION TECNOLOGICA SA
Country: ES Reporting currency: EUR Latest annual report: 2020-12-31
LEI:
959800NAFTNQ5VSH4K06 Financial statements
(EUR, as reported — unscaled; 150 line items across 2 annual periods)
| Line item | 2020 | 2019 |
|---|---|---|
| Income statement | ||
| Revenue | €149.1M | €82.8M |
| Other income | €815.0K | €58.0K |
| Operating expenses | €120.8M | €68.5M |
| Employee benefits expense | €14.7M | €11.6M |
| Raw materials & consumables used | €62.6M | €35.9M |
| Depreciation & amortisation | €26.5M | €12.7M |
| Operating profit (EBIT) | €38.4M | €21.4M |
| Net finance income / (cost) | -€37.6M | -€9.3M |
| Finance costs | €34.2M | €14.0M |
| Profit before tax | €526.0K | €12.3M |
| Income tax expense | -€6.8M | €321.0K |
| Profit for the year | -€7.4M | €12.0M |
| — attributable to owners | €10.4M | €11.9M |
| — attributable to NCI | €3.0M | -€89.0K |
| Total comprehensive income | €7.5M | €6.9M |
| Per share | ||
| Basic EPS | €0.31 | €0.36 |
| Diluted EPS | €0.31 | €0.36 |
| Free cash flow / share | — | €-5.48 |
| Cash flow statement | ||
| Net cash from operating activities | €42.1M | -€9.8M |
| Net cash from investing activities | -€18.2M | -€199.3M |
| Net cash from financing activities | €16.8M | €151.0M |
| Repayments of borrowings | €253.7M | €0 |
| Balance sheet | ||
| Total assets | €716.7M | €705.6M |
| Non-current assets | €569.9M | €574.3M |
| Property, plant & equipment | €447.8M | €476.9M |
| Right-of-use assets | €18.7M | €12.3M |
| Intangible assets & goodwill | €69.3M | €74.3M |
| Current assets | €146.8M | €131.3M |
| Inventories | €18.5M | €10.0M |
| Trade & other receivables | €31.2M | €45.3M |
| Cash & equivalents | €79.6M | €34.8M |
| Total equity | €182.6M | €166.2M |
| — attributable to owners | €165.7M | €161.8M |
| Non-controlling interests | €16.9M | €4.4M |
| Non-current liabilities | €453.7M | €397.0M |
| Long-term borrowings | €419.7M | €357.6M |
| Current liabilities | €80.4M | €142.4M |
| Short-term borrowings | €31.5M | €87.5M |
| Trade & other payables | €48.0M | €54.6M |
| Deferred tax liabilities | €27.4M | €30.0M |
| Derived metrics | ||
| Free cash flow | €19.8M | -€182.7M |
| Operating margin | 25.8% | 25.9% |
| Net margin | -4.9% | 14.5% |
| Return on equity | -4.0% | 7.2% |
| Cash conversion ratio | -5.71× | -0.82× |
| Capex coverage | 1.89× | -0.06× |
| Other reported items | ||
| Accruals and Deferred Income | €240.0K | €206.0K |
| Adjustments For Decrease Increase In Inventories | €9.9M | €6.4M |
| Adjustments For Decrease Increase In Other Current Assets | €291.0K | -€228.0K |
| Adjustments For Decrease Increase In Other Operating Receivables | -€34.1M | €60.9M |
| Adjustments For Depreciation and Amortisation Expense | €26.5M | €12.7M |
| Adjustments For Fair Value Gains Losses | -€1.8M | -€655.0K |
| Adjustments For Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | €99.0K | €448.0K |
| Adjustments For Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss Property Plant and Equipment | €417.0K | €2.0M |
| Adjustments For Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss Trade and Other Receivables | €67.0K | €100.0K |
| Adjustments For Increase Decrease In Employee Benefit Liabilities | €2.4M | €3.5M |
| Adjustments For Increase Decrease In Other Operating Payables | €16.1M | -€36.8M |
| Adjustments For Interest Expense | €34.2M | €14.0M |
| Adjustments For Interest Income | €896.0K | €1.1M |
| Adjustments For Provisions | €155.0K | €2.4M |
| Adjustments For Reconcile Profit Loss | €67.5M | €19.8M |
| Adjustments For Undistributed Profits of Investments Accounted For Using Equity Method | -€296.0K | €189.0K |
| Adjustments For Unrealised Foreign Exchange Losses Gains | €6.0M | -€3.4M |
| Bearer Plants | €407.2M | €389.1M |
| Cash Flows From Used In Decrease Increase In Shortterm Deposits and Investments | -€204.0K | €0 |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | €1.1M | €27.4M |
| Changes In Inventories of Finished Goods and Work In Progress | -€7.5M | -€4.8M |
| Comprehensive Income Attributable To Noncontrolling Interests | -€7.1M | -€473.0K |
| Comprehensive Income Attributable To Owners of Parent | €378.0K | €7.4M |
| Computer Software | €250.0K | €331.0K |
| Construction In Progress | €21.2M | €74.9M |
| Copyrights Patents and Other Industrial Property Rights Service and Operating Rights | €60.3M | €64.3M |
| Current Advances | €2.0M | €6.2M |
| Current Advances To Suppliers | €3.5M | €1.7M |
| Current Derivative Financial Assets | €290.0K | €0 |
| Current Derivative Financial Liabilities | €2.1M | €106.0K |
| Current Prepaid Expenses | €1.5M | €1.2M |
| Current Provisions | €639.0K | €140.0K |
| Current Receivables Due From Associates | €220.0K | €518.0K |
| Current Secured Bank Loans Received and Current Portion of Noncurrent Secured Bank Loans Received | €26.8M | €38.1M |
| Deferred Tax Assets | €29.8M | €18.8M |
| Dividends Received Classified As Operating Activities | €0 | €288.0K |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | €4.1M | -€1.4M |
| Equity and Liabilities | €716.7M | €705.6M |
| Finance Costs Paid Classified As Operating Activities | €34.6M | €12.7M |
| Finance Income | €896.0K | €1.1M |
| Finance Income Received Classified As Operating Activities | €896.0K | €779.0K |
| Gains Losses On Cash Flow Hedges Net of Tax | €9.9M | -€5.6M |
| Gains Losses On Change In Fair Value of Derivatives | €1.8M | €655.0K |
| Gains Losses On Exchange Differences On Translation Before Tax | -€6.0M | €3.4M |
| Gains Losses On Exchange Differences On Translation Net of Tax | €7.5M | -€2.4M |
| Gains Losses On Financial Assets Measured At Fair Value Through Other Comprehensive Income Net of Tax | €0 | €1.4M |
| Impairment Loss Recognised In Profit Or Loss Trade Receivables | €67.0K | €100.0K |
| Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | €417.0K | €2.0M |
| Income Tax Relating To Components of Other Comprehensive Income That Will Be Reclassified To Profit Or Loss | €2.6M | -€1.5M |
| Increase Decrease In Cash and Cash Equivalents | €44.8M | -€59.5M |
| Increase Decrease In Working Capital | €7.8M | -€30.3M |
| Increase Decrease Through Acquisition of Subsidiary | — | €0 |
| Increase Decrease Through Appropriation of Retained Earnings | €0 | €0 |
| Increase Decrease Through Change In Equity of Subsidiaries | -€18.0K | -€214.0K |
| Increase Decrease Through Changes In Ownership Interests In Subsidiaries That Do Not Result In Loss of Control | €23.9M | — |
| Inflows of Cash From Investing Activities | €25.3M | €999.0K |
| Interest Expense | €34.2M | €14.0M |
| Investment Accounted For Using Equity Method | €2.8M | €4.0M |
| Investment Income | €0 | €288.0K |
| Investments Other Than Investments Accounted For Using Equity Method | €7.0M | €8.7M |
| Issued Capital | €13.3M | €13.3M |
| Miscellaneous Other Operating Expense | €17.0M | €14.3M |
| Miscellaneous Other Operating Income | €800.0K | €0 |
| Noncurrent Derivative Financial Liabilities | €13.1M | €8.9M |
| Noncurrent Investments Other Than Investments Accounted For Using Equity Method | €20.2M | €401.0K |
| Noncurrent Payables To Related Parties | €1.4M | €0 |
| Noncurrent Portion of Noncurrent Secured Bank Loans Received | €369.6M | €322.0M |
| Noncurrent Provisions | €5.3M | €5.9M |
| Noncurrent Provisions For Employee Benefits | €0 | €3.5M |
| Other Adjustments To Reconcile Profit Loss | €0 | -€7.8M |
| Other Comprehensive Income | -€7.5M | €6.9M |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | €14.8M | -€5.1M |
| Other Current Liabilities | €1.6M | €6.4M |
| Other Current Payables | €0 | €31.0K |
| Other Current Receivables | €218.0K | €113.0K |
| Other Finance Income | €896.0K | €779.0K |
| Other Gains Losses | €365.0K | €7.9M |
| Other Inflows Outflows of Cash Classified As Investing Activities | €62.0K | €999.0K |
| Other Inflows Outflows of Cash Classified As Operating Activities | -€33.7M | -€11.6M |
| Other Inventories | €15.0M | €8.2M |
| Other Noncurrent Liabilities | €26.4M | €23.2M |
| Other Property Plant and Equipment | €776.0K | €543.0K |
| Other Reserves | €51.5M | €36.9M |
| Other Work Performed By Entity and Capitalised | €1.8M | €2.2M |
| Outflows of Cash From Investing Activities | €43.5M | €200.3M |
| Proceeds From Current Borrowings | €270.5M | €151.0M |
| Proceeds From Sales of Interests In Associates | €25.3M | €0 |
| Profit Loss From Continuing Operations | €7.4M | €12.0M |
| Purchase of Property Plant and Equipment Intangible Assets Other Than Goodwill Investment Property and Other Noncurrent Assets | €22.3M | €172.8M |
| Reserve of Cash Flow Hedges | -€10.6M | -€3.9M |
| Reserve of Exchange Differences On Translation | -€10.1M | -€6.1M |
| Retained Earnings | €53.2M | €37.0M |
| Revenue and Operating Income | €159.2M | €89.9M |
| Revenue From Government Grants | €15.0K | €58.0K |
| Services Expense | €14.9M | €10.9M |
| Share of Profit Loss of Associates Accounted For Using Equity Method | -€296.0K | €189.0K |
| Share Premium | €109.6M | €109.6M |
| Shortterm Employee Benefits Accruals | €7.5M | €684.0K |
| Social Security Contributions | €1.8M | €1.2M |
| Statutory Reserve | €1.7M | €80.0K |
| Tax Expense Other Than Income Tax Expense | €2.0M | €3.3M |
| Trade and Other Current Payables To Trade Suppliers | €33.9M | €43.8M |
| Unsecured Bank Loans Received | €0 | €42.2M |
| Wages and Salaries | €12.8M | €10.4M |
Methodology
Every line item above is a fact tagged in SOLARPACK CORPORACION TECNOLOGICA SA'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.