Cash flow Continental AG

Equities

CON

DE0005439004

Auto, Truck & Motorcycle Parts

Market Closed - Xetra Other stock markets 11:35:23 2024-09-13 EDT			After market 13:35:24
53.62 ^EUR	+3.31%		53.50	-0.22%

09-11	Metalworkers' collective bargaining round begins - positions far apart	RE
09-11	AlphaValue/Baader Europe Upgrades Continental to Buy, Trims PT	MT

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Published financial data: CONTINENTAL AG

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	44.48B	37.72B	33.77B	39.41B	41.42B
Total Revenues	44.48B	37.72B	33.77B	39.41B	41.42B
Cost of Goods Sold, Total	33.89B	29.13B	26.02B	31.1B	32.61B
Gross Profit	10.58B	8.59B	7.74B	8.31B	8.81B
Selling General & Admin Expenses, Total	3.91B	3.64B	3.44B	3.75B	3.97B
Stock-Based Compensation (IS)	-	-	-	-	-
R&D Expenses	4.47B	4.33B	3.53B	4.17B	4.13B
Other Operating Expenses	-852M	-555M	-867M	-1.4B	-1.21B
Other Operating Expenses, Total	7.53B	7.41B	6.1B	6.51B	6.88B
Operating Income	3.05B	1.18B	1.64B	1.79B	1.93B
Interest Expense, Total	-156M	-156M	-136M	-172M	-335M
Interest And Investment Income	67M	34.3M	103M	84.4M	105M
Net Interest Expenses	-88.9M	-121M	-33.3M	-88M	-230M
Income (Loss) On Equity Invest.	-124M	-68.5M	54.8M	28.3M	45.3M
Currency Exchange Gains (Loss)	-106M	-121M	-117M	-136M	-28.2M
Other Non Operating Income (Expenses)	-120M	69.1M	69.5M	12.8M	1.3M
EBT, Excl. Unusual Items	2.62B	936M	1.61B	1.61B	1.72B
Restructuring Charges	-697M	-907M	112M	37.7M	-
Merger & Related Restructuring Charges	-5.4M	-100K	-6.3M	-	-
Impairment of Goodwill	-2.29B	-655M	-	-553M	-
Gain (Loss) On Sale Of Investments	-	-	-64M	-8M	-
Gain (Loss) On Sale Of Assets	4.5M	172M	202M	5.5M	-71M
Asset Writedown	-112M	-193M	-19.6M	-408M	-
Legal Settlements	-46.6M	-193M	-83M	-87.3M	-27.9M
Other Unusual Items	-55M	-90.7M	-42.6M	-40.4M	-
EBT, Incl. Unusual Items	-589M	-930M	1.71B	557M	1.62B
Income Tax Expense	582M	-11.3M	360M	445M	424M
Earnings From Continuing Operations	-1.17B	-919M	1.35B	112M	1.19B
Earnings Of Discontinued Operations	-	-	157M	-	-
Net Income to Company	-1.17B	-919M	1.51B	112M	1.19B
Minority Interest	-54M	-43.1M	-51.9M	-45.6M	-37.5M
Net Income - (IS)	-1.22B	-962M	1.46B	66.6M	1.16B
Net Income to Common Incl Extra Items	-1.22B	-962M	1.46B	66.6M	1.16B
Net Income to Common Excl. Extra Items	-1.22B	-962M	1.3B	66.6M	1.16B
Per Share Items
Net EPS - Basic	-6.12	-4.81	7.28	0.33	5.78
Basic EPS - Continuing Operations	-6.12	-4.81	6.49	0.33	5.78
Basic Weighted Average Shares Outstanding	200M	200M	200M	200M	200M
Net EPS - Diluted	-6.13	-4.81	7.27	0.33	5.78
Diluted EPS - Continuing Operations	-6.13	-4.81	6.49	0.33	5.78
Diluted Weighted Average Shares Outstanding	200M	200M	200M	200M	200M
Normalized Basic EPS	7.91	2.71	4.78	4.8	5.18
Normalized Diluted EPS	7.91	2.71	4.78	4.8	5.18
Dividend Per Share	3	-	2.2	1.5	2.2
Payout Ratio	-77.55	-62.38	-	660.66	25.94
American Depositary Receipts Ratio (ADR)	0.1	0.1	0.1	0.1	0.1
Supplemental Items
EBITDA	5.33B	3.57B	3.87B	4.04B	3.73B
EBITA	3.31B	1.5B	1.8B	1.94B	2.1B
EBIT	3.05B	1.18B	1.64B	1.79B	1.93B
EBITDAR	5.42B	3.62B	4.2B	4.93B	4.41B
Effective Tax Rate - (Ratio)	-98.95	1.21	21.03	79.85	26.21
Current Domestic Taxes	175M	181M	148M	104M	77.1M
Current Foreign Taxes	894M	573M	412M	608M	677M
Total Current Taxes	1.07B	754M	560M	711M	754M
Deferred Domestic Taxes	-173M	-494M	-146M	81.6M	-205M
Deferred Foreign Taxes	-313M	-272M	-54.3M	-348M	-125M
Total Deferred Taxes	-487M	-766M	-201M	-267M	-330M
Normalized Net Income	1.58B	542M	955M	961M	1.04B
Interest on Long-Term Debt	64.5M	78.5M	25.1M	26.7M	27.9M
Non-Cash Pension Expense	69.6M	49.2M	67.4M	72.8M	80M
Supplemental Operating Expense Items
Selling and Marketing Expenses	2.72B	2.42B	2.39B	2.6B	2.53B
General and Administrative Expenses	1.11B	1.16B	1B	1.09B	1.35B
Research And Development Expense From Footnotes	4.6B	4.46B	3.58B	4.21B	4.18B
Net Rental Expense, Total	82M	51.5M	332M	891M	674M
Imputed Operating Lease Interest Expense	16.73M	8.58M	53.3M	176M	243M
Imputed Operating Lease Depreciation	65.27M	42.92M	279M	715M	431M
Maintenance & Repair Expenses, Total	1.4M	1.3M	1.3M	1.4M	1.2M
Stock-Based Comp., Other (Total)	-5.7M	6.17M	2M	1.02M	9.47M
Total Stock-Based Compensation	-5.7M	6.17M	2M	1.02M	9.47M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	3.34B	2.94B	2.27B	2.99B	2.92B
Total Cash And Short Term Investments	3.34B	2.94B	2.27B	2.99B	2.92B
Accounts Receivable, Total	8.05B	7.68B	7.31B	8B	7.8B
Other Receivables	1.06B	993M	828M	808M	826M
Total Receivables	9.11B	8.67B	8.14B	8.81B	8.63B
Inventory	4.69B	4.24B	4.99B	6.73B	6.28B
Prepaid Expenses	203M	198M	199M	219M	247M
Other Current Assets, Total	494M	477M	455M	396M	514M
Total Current Assets	17.84B	16.52B	16.05B	19.14B	18.59B
Gross Property Plant And Equipment	31.52B	32.18B	28.28B	29.6B	30.54B
Accumulated Depreciation	-18.92B	-20.14B	-18.42B	-20.04B	-20.76B
Net Property Plant And Equipment	12.6B	12.04B	9.86B	9.55B	9.78B
Long-term Investments	595M	475M	475M	475M	416M
Goodwill	5.11B	4.36B	3.71B	3.22B	3.19B
Other Intangibles, Total	1.33B	980M	843M	768M	679M
Accounts Receivable Long-Term	700K	-	-	-	-
Loans Receivable Long-Term	69.8M	64M	92.8M	127M	129M
Deferred Tax Assets Long-Term	2.17B	2.75B	2.53B	2.06B	2.51B
Deferred Charges Long-Term	336M	326M	193M	170M	134M
Other Long-Term Assets, Total	2.5B	2.12B	2.08B	2.42B	2.33B
Total Assets	42.57B	39.64B	35.84B	37.93B	37.75B
Liabilities
Accounts Payable, Total	7.11B	5.93B	5.87B	7.64B	6.88B
Accrued Expenses, Total	2.73B	2.75B	2.82B	2.82B	2.91B
Short-term Borrowings	938M	263M	17.1M	367M	15.6M
Current Portion of Long-Term Debt	2.99B	1.61B	1.31B	3.04B	2.66B
Current Portion of Leases	318M	319M	288M	285M	286M
Current Income Taxes Payable	939M	790M	673M	526M	541M
Unearned Revenue Current, Total	260M	308M	282M	253M	211M
Other Current Liabilities	1.59B	2.28B	1.61B	1.9B	1.96B
Total Current Liabilities	16.87B	14.26B	12.87B	16.83B	15.45B
Long-Term Debt	1.98B	3.92B	3.66B	3.05B	3.3B
Long-Term Leases	1.4B	1.22B	986M	957M	916M
Unearned Revenue Non Current	25M	45.3M	40.3M	30.6M	24.9M
Pension & Other Post Retirement Benefits	5.41B	6.11B	4.74B	2.62B	3.15B
Deferred Tax Liability Non Current	305M	169M	102M	57.5M	71.6M
Other Non Current Liabilities	710M	1.27B	801M	642M	721M
Total Liabilities	26.69B	27B	23.2B	24.19B	23.63B
Common Stock, Total	512M	512M	512M	512M	512M
Retained Earnings	13.52B	11.96B	10.26B	9.91B	10.77B
Comprehensive Income and Other	1.36B	-210M	1.42B	2.84B	2.4B
Total Common Equity	15.4B	12.26B	12.19B	13.26B	13.68B
Minority Interest	480M	377M	452M	476M	449M
Total Equity	15.88B	12.64B	12.64B	13.74B	14.13B
Total Liabilities And Equity	42.57B	39.64B	35.84B	37.93B	37.75B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	200M	200M	200M	200M	200M
ECS Total Common Shares Outstanding	200M	200M	200M	200M	200M
Book Value / Share	76.97	61.31	60.95	66.29	68.38
Tangible Book Value	8.95B	6.92B	7.64B	9.27B	9.81B
Tangible Book Value Per Share	44.75	34.6	38.18	46.36	49.05
Total Debt	7.62B	7.33B	6.26B	7.69B	7.17B
Net Debt	4.28B	4.4B	3.99B	4.71B	4.25B
Debt Equivalent of Unfunded Proj. Benefit Obligation	4.84B	5.44B	4.18B	2.11B	2.58B
Debt Equivalent Oper. Leases	656M	412M	2.66B	7.12B	5.39B
Minority Interest, Total (Incl. Fin. Div)	480M	377M	452M	476M	449M
Equity Method Investments, Total	412M	366M	316M	315M	322M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	1.47B	1.37B	1.95B	3.1B	2.61B
Inventories - Work In Process, Total	840M	827M	722M	720M	776M
Inventories - Finished Goods, Total	2.38B	2.04B	2.32B	2.91B	2.89B
Land - (BS)	5.48B	5.64B	5.27B	5.69B	5.99B
Machinery, Total	24.02B	24.42B	20.99B	21.73B	22.24B
Full Time Employees	241K	236K	191K	199K	203K
Accumulated Allowance for Doubtful Accounts (Supple)	128M	159M	149M	138M	132M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	-1.22B	-962M	1.46B	66.6M	1.16B
Depreciation & Amortization - CF	2.36B	2.42B	2.07B	2.09B	1.95B
Amortization of Goodwill and Intangible Assets - (CF)	252M	323M	159M	150M	167M
Depreciation & Amortization, Total	2.62B	2.74B	2.23B	2.24B	2.12B
Amortization of Deferred Charges, Total - (CF)	119M	132M	-	-	50.4M
(Gain) Loss From Sale Of Asset	-15.5M	-188M	-296M	-16.2M	43.9M
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Asset Writedown & Restructuring Costs	2.51B	877M	29.1M	972M	57.3M
(Income) Loss On Equity Investments - (CF)	124M	22.9M	-10.6M	-29.1M	-46.5M
Net Cash From Discontinued Operations	-	-	157M	-5.7M	-
Other Operating Activities, Total	75.1M	-747M	-134M	32M	-146M
Change In Accounts Receivable	338M	140M	31.2M	-822M	50.6M
Change In Inventories	-49.1M	206M	-1.42B	-1.64B	378M
Change In Accounts Payable	-545M	-925M	941M	1.73B	-693M
Change in Other Net Operating Assets	466M	1.42B	-30.3M	-235M	359M
Cash from Operations	4.41B	2.71B	2.95B	2.3B	3.33B
Capital Expenditure	-2.98B	-1.94B	-1.83B	-2.13B	-2.12B
Sale of Property, Plant, and Equipment	53.9M	57.6M	77.7M	73.4M	107M
Cash Acquisitions	-488M	-71.1M	-125M	-108M	-176M
Divestitures	1.3M	304M	343M	-600K	42.2M
Sale (Purchase) of Intangible assets	-243M	-184M	-52M	-36.4M	-18.3M
Cash from Investing	-3.65B	-1.84B	-1.58B	-2.2B	-2.17B
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	1.91B	2.16B	16.6M	1.45B	1.25B
Total Debt Issued	1.91B	2.16B	16.6M	1.45B	1.25B
Short Term Debt Repaid, Total	-1.05B	-2.56B	-1.1B	-	-
Long-Term Debt Repaid, Total	-	-	-	-324M	-2.01B
Total Debt Repaid	-1.05B	-2.56B	-1.1B	-324M	-2.01B
Common Dividends Paid	-950M	-600M	-	-440M	-300M
Common & Preferred Stock Dividends Paid	-950M	-600M	-	-440M	-300M
Other Financing Activities, Total	-128M	-144M	-74.2M	-30.1M	-70.7M
Cash from Financing	-220M	-1.14B	-1.16B	654M	-1.13B
Foreign Exchange Rate Adjustments	38.7M	-141M	96.1M	-25.2M	-94.5M
Miscellaneous Cash Flow Adjustments	-	-	-	-	100K
Net Change in Cash	580M	-403M	312M	719M	-64.8M
Supplemental Items
Cash Interest Paid	158M	169M	165M	152M	280M
Cash Income Tax Paid (Refund)	866M	886M	751M	597M	726M
Levered Free Cash Flow	916M	1.75B	272M	843M	865M
Unlevered Free Cash Flow	1.01B	1.85B	357M	951M	1.07B
Change In Net Working Capital	405M	-359M	1.02B	246M	166M
Net Debt Issued / Repaid	858M	-397M	-1.08B	1.12B	-759M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	4.6	1.79	2.71	3.05	3.19
Return on Total Capital	8.22	3.39	5.26	5.55	5.64
Return On Equity %	-6.85	-6.44	10.68	0.85	8.57
Return on Common Equity	-7.37	-6.96	10.62	0.52	8.59
Margin Analysis
Gross Profit Margin %	23.8	22.77	22.92	21.08	21.26
SG&A Margin	8.79	9.64	10.19	9.52	9.58
EBITDA Margin %	11.99	9.47	11.45	10.25	9.01
EBITA Margin %