Van Lanschot Kempen N.V. financials
Van Lanschot Kempen N.V.
Country: NL Reporting currency: EUR Latest annual report: 2021-12-31
LEI:
724500ZM85SCL0RS8L71 Financial statements
(EUR, as reported — unscaled; 122 line items across 2 annual periods)
| Line item | 2021 | 2020 |
|---|---|---|
| Income statement | ||
| Cost of sales | €3.6M | €4.2M |
| Other income | €14.2M | €13.3M |
| Administrative expenses | €123.9M | €112.6M |
| Operating expenses | €437.8M | €386.7M |
| Employee benefits expense | €284.5M | €249.3M |
| Depreciation & amortisation | €29.4M | €24.7M |
| Profit before tax | €178.4M | €54.2M |
| Income tax expense | €34.6M | €4.4M |
| Profit for the year | €143.8M | €49.8M |
| — attributable to owners | €137.0M | €43.0M |
| Total comprehensive income | €151.7M | €49.9M |
| Per share | ||
| Basic EPS | €3.35 | €1.05 |
| Diluted EPS | €3.34 | €1.05 |
| Free cash flow / share | €31.33 | €24.48 |
| Cash flow statement | ||
| Net cash from operating activities | €1.36B | €1.17B |
| Purchase of PP&E (capex) | €10.4M | €12.0M |
| Purchase of intangibles | €181.8M | €20.4M |
| Dividends paid | €94.6M | €6.4M |
| Lease liability payments | €12.3M | €13.3M |
| Balance sheet | ||
| Total assets | €16.31B | €15.15B |
| Property, plant & equipment | €77.5M | €90.3M |
| Intangible assets & goodwill | €321.9M | €155.0M |
| Total equity | €1.41B | €1.36B |
| — attributable to owners | €1.31B | €1.25B |
| Deferred tax liabilities | €19.0M | €105.0K |
| Derived metrics | ||
| Free cash flow | €1.35B | €1.16B |
| Return on equity | 10.2% | 3.7% |
| Cash conversion ratio | 9.45× | 23.56× |
| Capex coverage | 131.05× | 97.49× |
| Other reported items | ||
| Adjustments For Depreciation and Amortisation Expense | €29.5M | €27.4M |
| Adjustments For Gains Losses On Change In Fair Value of Derivatives | €77.6M | €11.9M |
| Adjustments For Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | -€17.8M | €1.9M |
| Adjustments For Provisions | €23.8M | €11.3M |
| Adjustments For Sharebased Payments | €2.9M | €2.4M |
| Adjustments For Undistributed Profits of Associates | €28.4M | €12.4M |
| Cash and Bank Balances At Central Banks | €3.71B | €2.23B |
| Cash and Cash Equivalents If Different From Statement of Financial Position | €3.72B | €2.22B |
| Cash Flows From Used In Financing Activities Continuing Operations | -€335.5M | -€170.8M |
| Cash Flows From Used In Investing Activities Continuing Operations | €474.2M | -€217.4M |
| Cash Flows From Used In Operations Before Changes In Working Capital | €100.2M | €54.1M |
| Comprehensive Income Attributable To Owners of Parent | €144.9M | €43.0M |
| Current Tax Assets | €5.5M | €6.8M |
| Current Tax Liabilities | €18.3M | €955.0K |
| Debt Securities | €1.42B | €1.47B |
| Deferred Tax Assets | €7.8M | €16.3M |
| Deposits From Customers | €11.73B | €10.14B |
| Derivative Financial Assets | €252.9M | €376.7M |
| Derivative Financial Liabilities | €180.1M | €488.8M |
| Dividends Paid Ordinary Shares | — | €28.6M |
| Dividends Paid Ordinary Shares Per Share | €2.00 | €0.70 |
| Dividends Received Classified As Investing Activities | €6.8M | €5.6M |
| Dividends Received Classified As Operating Activities | €10.9M | €8.3M |
| Equity and Liabilities | €16.31B | €15.15B |
| Expense By Nature | €420.0M | €388.5M |
| Fee and Commission Expense | €9.9M | €7.0M |
| Fee and Commission Income | €395.9M | €303.3M |
| Fee and Commission Income Expense | €386.0M | €296.3M |
| Financial Assets At Amortised Cost | €257.4M | €448.5M |
| Financial Assets At Fair Value Through Other Comprehensive Income | €2.13B | €2.58B |
| Financial Assets At Fair Value Through Profit Or Loss | €299.1M | €291.0M |
| Financial Assets At Fair Value Through Profit Or Loss Classified As Held For Trading | €30.9M | €61.7M |
| Financial Liabilities At Fair Value Through Profit Or Loss | €560.4M | €740.9M |
| Financial Liabilities At Fair Value Through Profit Or Loss Classified As Held For Trading | €53.0K | €26.0K |
| Gains Losses On Cash Flow Hedges Before Tax | €8.2M | €15.0K |
| Gains Losses On Financial Assets At Fair Value Through Profit Or Loss | €29.2M | €2.1M |
| Gains Losses On Financial Liabilities At Fair Value Through Profit Or Loss | -€18.5M | €16.7M |
| Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | -€17.8M | €1.9M |
| Income Tax Relating To Cash Flow Hedges of Other Comprehensive Income | €2.0M | -€638.0K |
| Income Tax Relating To Changes In Fair Value of Financial Liability Attributable To Change In Credit Risk of Liability of Other Comprehensive Income | -€1.4M | €1.6M |
| Income Tax Relating To Exchange Differences On Translation of Other Comprehensive Income | €0 | €0 |
| Income Tax Relating To Financial Assets Measured At Fair Value Through Other Comprehensive Income | -€373.0K | €540.0K |
| Income Tax Relating To Remeasurements of Defined Benefit Plans of Other Comprehensive Income | €2.2M | -€3.2M |
| Income Taxes Paid Refund Classified As Operating Activities | €16.8M | €1.9M |
| Increase Decrease In Cash and Cash Equivalents | €1.50B | €787.6M |
| Increase Decrease In Working Capital | -€1.26B | -€1.12B |
| Increase Decrease Through Appropriation of Retained Earnings | €0 | €0 |
| Increase Decrease Through Changes In Fair Values Liabilities Arising From Financing Activities | -€11.6M | -€98.7M |
| Increase Decrease Through Financing Cash Flows Liabilities Arising From Financing Activities | -€220.8M | -€143.9M |
| Increase Decrease Through Transactions With Owners | €94.0K | -€3.9M |
| Increase Decrease Through Transfers and Other Changes Equity | €983.0K | €858.0K |
| Interest Expense On Other Financial Liabilities | €35.4M | €42.8M |
| Interest Paid Classified As Operating Activities | €94.1M | €93.9M |
| Interest Received Classified As Operating Activities | €237.8M | €241.6M |
| Interest Revenue Calculated Using Effective Interest Method | €205.6M | €212.5M |
| Interest Revenue Expense | €148.4M | €151.8M |
| Investments In Associates Accounted For Using Equity Method | €82.4M | €72.2M |
| Issued Capital | €41.4M | €40.0M |
| Liabilities | €14.90B | €13.79B |
| Liabilities Arising From Financing Activities | €2.15B | €2.38B |
| Loans and Advances To Customers | €8.88B | €8.45B |
| Other Assets | €179.9M | €167.7M |
| Other Comprehensive Income | €7.9M | €13.0K |
| Other Comprehensive Income Before Tax Change In Fair Value of Financial Liability Attributable To Change In Credit Risk of Liability | -€5.5M | €7.6M |
| Other Comprehensive Income Before Tax Exchange Differences On Translation | €626.0K | -€109.0K |
| Other Comprehensive Income Before Tax Financial Assets Measured At Fair Value Through Other Comprehensive Income | -€1.6M | €1.9M |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | €8.5M | -€11.0M |
| Other Comprehensive Income Net of Tax Cash Flow Hedges | €6.3M | €653.0K |
| Other Comprehensive Income Net of Tax Change In Fair Value of Financial Liability Attributable To Change In Credit Risk of Liability | -€4.0M | €6.0M |
| Other Comprehensive Income Net of Tax Exchange Differences On Translation | €626.0K | -€109.0K |
| Other Comprehensive Income Net of Tax Financial Assets Measured At Fair Value Through Other Comprehensive Income | -€1.2M | €1.3M |
| Other Comprehensive Income Net of Tax Gains Losses On Remeasurements of Defined Benefit Plans | €6.3M | -€7.8M |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | €5.7M | €1.9M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | €2.3M | -€1.8M |
| Other Income Expense From Subsidiaries Jointly Controlled Entities and Associates | €40.3M | €5.0M |
| Other Liabilities | €245.4M | €213.0M |
| Other Operating Income Expense | €10.6M | €9.2M |
| Other Reserves | €817.3M | €1.02B |
| Proceeds From Issuing Shares | -€8.0M | -€3.3M |
| Proceeds From Sales of Intangible Assets Classified As Investing Activities | €3.3M | €0 |
| Proceeds From Sales of Investments Accounted For Using Equity Method | €31.1M | €2.2M |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | €5.1M | €3.6M |
| Provisions | €52.6M | €64.6M |
| Purchase of Interests In Investments Accounted For Using Equity Method | €13.5M | €15.1M |
| Repayments of Bonds Notes and Debentures | €16.2M | €1.3M |
| Repayments of Subordinated Liabilities | €113.0K | €113.0K |
| Retained Earnings | €137.0M | €43.0M |
| Revenue and Operating Income | €598.4M | €442.7M |
| Sale Or Issue of Treasury Shares | -€5.0M | -€889.0K |
| Share of Profit Loss of Associates Accounted For Using Equity Method | €28.7M | €12.8M |
| Share Premium | €323.7M | €154.8M |
| Subordinated Liabilities | €171.5M | €172.5M |
| Treasury Shares | €11.9M | €0 |
Methodology
Every line item above is a fact tagged in Van Lanschot Kempen N.V.'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.