Financial History
|
2022 |
2021 |
2020 |
2019 |
2018 |
|
|
€’000 |
€’000 |
€’000 |
€’000 |
€’000 |
|
|
INCOME STATEMENT |
|||||
|
Television licence revenue |
195,642 |
196,131 |
196,623 |
196,248 |
189,055 |
|
Commercial revenue |
152,053 |
148,342 |
134,519 |
145,837 |
150,050 |
|
Total revenue |
347,695 |
344,473 |
331,142 |
342,085 |
339,105 |
|
Operating costs (before depreciation, amortisation and exceptional items) |
(339,288) |
(331,345) |
(307,691) |
(337,773) |
(339,803) |
|
EBITDA before exceptional items |
8,407 |
13,128 |
23,451 |
4,312 |
(698) |
|
Depreciation and amortisation |
(11,765) |
(11,654) |
(13,543) |
(13,803) |
(12,417) |
|
Gain/(loss) on disposal of assets |
12 |
73 |
(8) |
288 |
5 |
|
Disposal of investments |
36 |
- |
- |
- |
- |
|
Exceptional items 1 |
- |
- |
- |
256 |
(548) |
|
Profit/(loss) from operating activities after exceptional items |
(3,310) |
1,547 |
9,900 |
(8,947) |
(13,658) |
|
Net finance income/(expense) |
320 |
1,219 |
(99) |
57 |
520 |
|
Tax |
197 |
(407) |
(1,863) |
1,689 |
135 |
|
Surplus/(deficit) for the year |
(2,793) |
2,359 |
7,938 |
(7,201) |
(13,003) |
|
BALANCE SHEET |
|||||
|
Non-current and current assets |
|||||
|
Property, plant and equipment |
58,145 |
62,810 |
60,982 |
71,028 |
67,846 |
|
Intangible assets |
4,252 |
7,968 |
4,772 |
6,311 |
5,695 |
|
Pension asset |
180,590 |
147,714 |
150,816 |
110,404 |
49,556 |
|
Inventories |
25,951 |
27,105 |
26,669 |
27,689 |
31,245 |
|
Cash and liquid investments |
114,062 |
101,392 |
87,165 |
69,149 |
66,961 |
|
Other assets |
62,831 |
61,484 |
71,509 |
63,511 |
60,246 |
|
Total assets |
445,831 |
408,473 |
401,913 |
348,092 |
281,549 |
|
Non-current and current liabilities |
|||||
|
Employee benefits – restructuring |
7,392 |
8,792 |
13,411 |
14,332 |
16,675 |
|
Other liabilities |
206,105 |
197,554 |
190,358 |
178,452 |
169,344 |
|
Total liabilities |
213,497 |
206,346 |
203,769 |
192,784 |
186,019 |
|
Equity |
232,334 |
202,127 |
198,144 |
155,308 |
95,530 |
|
Total equity and liabilities |
445,831 |
408,473 |
401,913 |
348,092 |
281,549 |
|
CASH FLOW |
|||||
|
Net cash generated/(absorbed) from operating activities |
26,085 |
27,682 |
22,560 |
8,025 |
(21,156) |
|
Net cash outflow from acquisition of property, plant, equipment and intangible assets |
(9,682) |
(11,629) |
(8,178) |
(14,287) |
(18,205) |
|
Net proceeds from sale of property, plant and equipment |
15 |
77 |
20 |
305 |
17 |
|
EMPLOYEES |
|||||
|
Total headcount at 31 December |
1,868 |
1,871 |
1,866 |
1,831 |
1,822 |
|
Total FTE at 31 December |
1,735 |
1,755 |
1,758 |
1,714 |
1,691 |
1 Exceptional items includes gain on disposal of land, sales-enabling project costs, restructuring and other charges