ACKERMANS & VAN HAAREN financials
ACKERMANS & VAN HAAREN
Country: BE Reporting currency: EUR Latest annual report: 2023-12-31
LEI:
5493005E2GHATS0Z6J59 Financial statements
(EUR, as reported — unscaled; 161 line items across 2 annual periods)
| Line item | 2023 | 2022 |
|---|---|---|
| Income statement | ||
| Revenue | €5.22B | €4.40B |
| Operating expenses | €4.82B | €4.11B |
| Employee benefits expense | €944.8M | €820.3M |
| Operating profit (EBIT) | €428.1M | €655.9M |
| Net finance income / (cost) | -€41.9M | -€10.2M |
| Profit before tax | €609.6M | €889.6M |
| Income tax expense | €102.5M | €82.1M |
| Profit for the year | €507.1M | €810.6M |
| — attributable to owners | €399.2M | €708.7M |
| — attributable to NCI | €107.9M | €101.9M |
| Total comprehensive income | €474.4M | €932.1M |
| Per share | ||
| Basic EPS | €12.13 | €21.39 |
| Diluted EPS | €12.12 | €21.37 |
| Cash flow statement | ||
| Net cash from operating activities | €651.2M | €716.6M |
| Net cash from investing activities | -€520.8M | €2.7M |
| Net cash from financing activities | -€302.2M | -€444.2M |
| Proceeds from borrowings | €311.1M | €593.9M |
| Repayments of borrowings | €401.7M | €824.5M |
| Net change in cash | -€171.8M | €275.1M |
| Balance sheet | ||
| Total assets | €19.02B | €17.68B |
| Non-current assets | €12.34B | €11.97B |
| Property, plant & equipment | €2.91B | €2.72B |
| Intangible assets & goodwill | €320.1M | €320.0M |
| Current assets | €6.67B | €5.65B |
| Inventories | €415.8M | €389.7M |
| Trade & other receivables | €789.4M | €719.2M |
| Cash & equivalents | €989.8M | €1.16B |
| Total equity | €6.38B | €6.00B |
| — attributable to owners | €4.91B | €4.63B |
| Non-controlling interests | €1.46B | €1.37B |
| Non-current liabilities | €2.80B | €2.92B |
| Long-term borrowings | €1.47B | €1.63B |
| Lease liabilities (non-current) | €134.0M | €112.2M |
| Current liabilities | €9.84B | €8.76B |
| Short-term borrowings | €550.7M | €402.7M |
| Lease liabilities (current) | €43.1M | €39.8M |
| Trade & other payables | €1.68B | €1.53B |
| Deferred tax liabilities | €138.7M | €151.6M |
| Derived metrics | ||
| Operating margin | 8.2% | 14.9% |
| Net margin | 9.7% | 18.4% |
| Return on equity | 8.0% | 13.5% |
| Cash conversion ratio | 1.28× | 0.88× |
| Other reported items | ||
| Adjustments For Decrease Increase In Inventories | €43.7M | -€19.2M |
| Adjustments For Decrease Increase In Trade and Other Receivables | -€380.4M | -€112.9M |
| Adjustments For Depreciation Expense | €385.3M | €359.6M |
| Adjustments For Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | €19.6M | -€1.0M |
| Adjustments For Provisions | -€7.2M | €8.5M |
| Adjustments For Sharebased Payments | €2.8M | -€5.8M |
| Basic Earnings Loss Per Share From Continuing Operations | €12.13 | €21.31 |
| Cash and Bank Balances At Central Banks | €1.47B | €640.9M |
| Cash Flows From Used In Operations Before Changes In Working Capital | €819.4M | €693.1M |
| Comprehensive Income Attributable To Noncontrolling Interests | €95.2M | €144.6M |
| Comprehensive Income Attributable To Owners of Parent | €379.2M | €787.5M |
| Construction In Progress | €311.4M | €232.1M |
| Current Advances | €84.5M | €72.5M |
| Current Bonds Issued and Current Portion of Noncurrent Bonds Issued | €40.0M | €0 |
| Current Contract Liabilities | €660.9M | €526.3M |
| Current Debt Instruments Issued | €111.3M | €124.8M |
| Current Deposits From Customers | €6.56B | €5.82B |
| Current Derivative Financial Assets | €20.1M | €24.4M |
| Current Derivative Financial Liabilities | €20.2M | €31.9M |
| Current Financial Assets | €590.0M | €544.5M |
| Current Financial Assets At Amortised Cost | €43.9M | €0 |
| Current Financial Assets At Fair Value Through Profit Or Loss | €44.9M | €41.3M |
| Current Financial Assets Measured At Fair Value Through Other Comprehensive Income | €501.0M | €502.9M |
| Current Investments In Equity Instruments Designated At Fair Value Through Other Comprehensive Income | €58.0K | €263.0K |
| Current Loans Received and Current Portion of Noncurrent Loans Received | €338.1M | €280.7M |
| Current Payables On Social Security and Taxes Other Than Income Tax | €218.7M | €210.6M |
| Current Prepayments and Current Accrued Income Including Current Contract Assets | €93.9M | €143.3M |
| Current Provisions | €30.4M | €35.2M |
| Current Receivables From Contracts With Customers | €780.2M | €532.3M |
| Current Recognised Liabilities Defined Benefit Plan | €136.0K | €248.0K |
| Current Tax Assets Current | €46.9M | €37.4M |
| Current Tax Expense Income | €114.8M | €85.3M |
| Current Tax Liabilities Current | €92.0M | €98.1M |
| Deferred Tax Assets | €150.4M | €154.8M |
| Deferred Tax Expense Income Recognised In Profit Or Loss | €12.4M | €3.3M |
| Depreciation Expense | €385.3M | €359.6M |
| Diluted Earnings Loss Per Share From Continuing Operations | €12.12 | €21.28 |
| Dividends Paid To Equity Holders of Parent Classified As Financing Activities | €102.5M | €91.1M |
| Dividends Paid To Noncontrolling Interests Classified As Financing Activities | €35.5M | €16.2M |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners | €113.9M | — |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners Per Share | €3.40 | — |
| Dividends Received Classified As Operating Activities | €135.0M | €122.2M |
| Dividends Recognised As Distributions To Owners of Parent Relating To Prior Years | €138.0M | €107.3M |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | €654.0K | €2.1M |
| Equity and Liabilities | €19.02B | €17.68B |
| Gains Losses On Change In Fair Value of Derivatives | -€10.1M | €25.9M |
| Gains Losses On Disposals of Investment Properties | €2.1M | €28.3M |
| Gains Losses On Disposals of Investments | €43.1M | €343.9M |
| Gains Losses On Exchange Differences On Translation Recognised In Profit Or Loss | -€11.2M | -€9.2M |
| Gains Losses On Fair Value Adjustment Investment Property | -€11.2M | -€11.6M |
| Gains Losses On Financial Assets At Fair Value Through Profit Or Loss | -€12.2M | -€5.2M |
| Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | €19.6M | -€1.1M |
| Income Tax Relating To Cash Flow Hedges of Other Comprehensive Income | -€14.0M | €46.5M |
| Income Tax Relating To Financial Assets Measured At Fair Value Through Other Comprehensive Income | €8.9M | -€14.6M |
| Income Tax Relating To Investments In Equity Instruments of Other Comprehensive Income | €178.0K | €1.0K |
| Income Tax Relating To Remeasurements of Defined Benefit Plans of Other Comprehensive Income | -€127.0K | €861.0K |
| Income Taxes Paid Refund Classified As Operating Activities | €121.7M | €84.4M |
| Increase Decrease In Working Capital | €168.2M | -€23.5M |
| Increase Decrease Through Transfers and Other Changes Equity | €97.7M | -€50.0M |
| Increase Decrease Through Treasury Share Transactions | -€59.5M | -€7.3M |
| Intangible Assets Other Than Goodwill | €118.8M | €117.6M |
| Interest Expense | €58.5M | €37.4M |
| Interest Paid Classified As Financing Activities | €57.8M | €38.2M |
| Investment Accounted For Using Equity Method | €2.02B | €1.85B |
| Investment Property | €1.29B | €1.28B |
| Issued Capital | €113.9M | €113.9M |
| Land and Buildings | €279.4M | €246.8M |
| Liabilities Included In Disposal Groups Classified As Held For Sale | €0 | €0 |
| Miscellaneous Other Operating Expense | €42.1M | €51.5M |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale | €11.0M | €62.5M |
| Noncurrent Debt Instruments Issued | €0 | €40.0M |
| Noncurrent Deposits From Customers | €926.0M | €736.4M |
| Noncurrent Derivative Financial Assets | €89.2M | €158.9M |
| Noncurrent Derivative Financial Liabilities | €35.9M | €53.9M |
| Noncurrent Financial Assets | €450.0M | €398.2M |
| Noncurrent Financial Assets At Fair Value Through Profit Or Loss | €223.0M | €208.3M |
| Noncurrent Portion of Noncurrent Bonds Issued | €99.6M | €139.3M |
| Noncurrent Portion of Noncurrent Loans Received | €1.22B | €1.33B |
| Noncurrent Portion of Other Noncurrent Borrowings | €12.1M | €46.5M |
| Noncurrent Provisions | €118.3M | €95.0M |
| Noncurrent Recognised Liabilities Defined Benefit Plan | €72.1M | €77.0M |
| Other Adjustments For Noncash Items | €3.5M | -€951.0K |
| Other Adjustments To Reconcile Profit Loss | €13.5M | -€26.1M |
| Other Comprehensive Income | -€32.7M | €121.6M |
| Other Comprehensive Income Before Tax Cash Flow Hedges | -€56.4M | €186.4M |
| Other Comprehensive Income Before Tax Exchange Differences On Translation | -€17.3M | €22.9M |
| Other Comprehensive Income Before Tax Financial Assets Measured At Fair Value Through Other Comprehensive Income | €36.4M | -€58.6M |
| Other Comprehensive Income Before Tax Gains Losses From Investments In Equity Instruments | €713.0K | €5.0K |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | -€1.1M | €3.5M |
| Other Comprehensive Income Net of Tax Cash Flow Hedges | -€42.4M | €139.9M |
| Other Comprehensive Income Net of Tax Financial Assets Measured At Fair Value Through Other Comprehensive Income | €27.5M | -€43.9M |
| Other Comprehensive Income Net of Tax Gains Losses From Investments In Equity Instruments | €535.0K | €4.0K |
| Other Comprehensive Income Net of Tax Gains Losses On Remeasurements of Defined Benefit Plans | -€978.0K | €2.7M |
| Other Current Borrowings and Current Portion of Other Noncurrent Borrowings | €129.5M | €82.2M |
| Other Current Payables | €113.9M | €110.4M |
| Other Current Receivables | €148.6M | €127.9M |
| Other Finance Income Cost | €976.0K | -€7.1M |
| Other Inflows Outflows of Cash Classified As Financing Activities | -€21.1M | -€26.8M |
| Other Noncurrent Payables | €46.8M | €41.7M |
| Other Property Plant and Equipment | €11.8M | €9.3M |
| Other Revenue | €89.4M | €99.8M |
| Proceeds From Sales of Investment Property | €43.5M | €169.0M |
| Proceeds From Sales of Investments Other Than Investments Accounted For Using Equity Method | €303.8M | €261.1M |
| Profit Loss From Continuing Operations | €507.1M | €807.5M |
| Profit Loss From Discontinued Operations | €0 | €3.0M |
| Purchase of Investment Property | €72.0M | €42.2M |
| Purchase of Investments Other Than Investments Accounted For Using Equity Method | €321.5M | €295.2M |
| Reserve of Cash Flow Hedges | €32.6M | €59.9M |
| Reserve of Exchange Differences On Translation | -€5.4M | €8.7M |
| Reserve of Remeasurements of Defined Benefit Plans | -€24.2M | -€23.4M |
| Retained Earnings | €4.91B | €4.55B |
| Revaluation Surplus | -€7.6M | €12.4M |
| Revenue From Construction Contracts | €4.51B | €3.86B |
| Revenue From Interest | €37.0M | €17.6M |
| Revenue From Rendering of Services | €26.0K | €42.0K |
| Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method | €223.4M | €243.9M |
| Share Premium | €111.6M | €111.6M |
| Trade and Other Current Payables To Trade Suppliers | €1.27B | €1.14B |
| Treasury Shares | €100.1M | €40.6M |
Methodology
Every line item above is a fact tagged in ACKERMANS & VAN HAAREN'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.