TI FLUID SYSTEMS PLC financials

TI FLUID SYSTEMS PLC

Country: GB Reporting currency: EUR Latest annual report: 2022-12-31
LEI: 5493001T9RXVD6OAWY46
Source filing ↗
Financial statements (EUR, as reported — unscaled; 94 line items across 2 annual periods)
Line item 20222021
Income statement
Revenue €3.27B€2.96B
Cost of sales €3.04B€2.63B
Gross profit €230.0M€329.8M
Distribution costs €112.1M€93.9M
Administrative expenses €336.1M€105.8M
Operating profit (EBIT) -€217.0M€126.8M
Net finance income / (cost) -€58.7M-€71.8M
Finance costs €64.4M€74.9M
Profit before tax -€275.7M€54.1M
Income tax expense €3.3M€38.1M
Profit for the year -€279.0M€16.0M
— attributable to owners -€279.1M€14.3M
— attributable to NCI €100.0K€1.7M
Total comprehensive income -€251.9M€121.5M
Per share
Basic EPS €-0.54€0.03
Diluted EPS €-0.54€0.03
Free cash flow / share €0.15€0.22
Cash flow statement
Cash generated from operations €282.5M€319.8M
Net cash from operating activities €167.5M€215.1M
Net cash from investing activities -€116.6M-€103.6M
Purchase of PP&E (capex) €90.8M€88.2M
Purchase of intangibles €27.1M€35.4M
Net cash from financing activities -€62.4M-€122.5M
Dividends paid €12.6M€45.0M
Proceeds from borrowings €0€600.0M
Lease liability payments €32.9M€31.6M
Net change in cash -€11.5M-€11.0M
Balance sheet
Total assets €2.78B€3.06B
Non-current assets €1.37B€1.70B
Property, plant & equipment €531.4M€595.4M
Right-of-use assets €105.3M€125.2M
Intangible assets & goodwill €603.9M€884.8M
Current assets €1.42B€1.37B
Inventories €372.0M€332.3M
Trade & other receivables €542.0M€520.5M
Cash & equivalents €491.0M€499.1M
Total equity €676.7M€943.9M
— attributable to owners €676.2M€943.5M
Non-controlling interests €500.0K€400.0K
Non-current liabilities €1.43B€1.46B
Long-term borrowings €1.11B€1.10B
Lease liabilities (non-current) €117.8M€119.8M
Current liabilities €673.2M€656.9M
Short-term borrowings €1.9M€1.8M
Lease liabilities (current) €27.8M€30.1M
Trade & other payables €584.8M€546.1M
Deferred tax liabilities €80.7M€95.8M
Derived metrics
Free cash flow €76.7M€126.9M
Operating margin -6.6%4.3%
Net margin -8.5%0.5%
Return on equity -41.2%1.7%
Cash conversion ratio -0.60×13.44×
Capex coverage 1.84×2.44×
Other reported items
Comprehensive Income Attributable To Noncontrolling Interests €100.0K€1.4M
Comprehensive Income Attributable To Owners of Parent -€252.0M€120.1M
Current Derivative Financial Assets €2.8M€900.0K
Current Derivative Financial Liabilities €200.0K€300.0K
Current Financial Assets At Fair Value Through Profit Or Loss €0€900.0K
Current Provisions €14.0M€28.7M
Current Tax Assets €7.9M€11.4M
Current Tax Liabilities €44.5M€49.9M
Deferred Tax Assets €105.2M€70.5M
Effect of Exchange Rate Changes On Cash and Cash Equivalents €3.4M€24.3M
Equity and Liabilities €2.78B€3.06B
Finance Income €5.7M€3.1M
Gains Losses On Exchange Differences On Translation Recognised In Profit Or Loss -€700.0K-€6.9M
Income Tax Relating To Remeasurements of Defined Benefit Plans of Other Comprehensive Income €6.9M€6.8M
Income Taxes Paid Refund Classified As Investing Activities €3.0M€0
Income Taxes Paid Refund Classified As Operating Activities €58.3M€54.1M
Increase Decrease Through Sharebased Payment Transactions €9.6M€6.8M
Interest Paid Classified As Operating Activities €56.7M€50.6M
Interest Received Classified As Investing Activities €4.3M€3.1M
Issued Capital €6.8M€6.8M
Liabilities €2.11B€2.12B
Noncurrent Payables €12.8M€14.6M
Noncurrent Provisions €2.6M€2.6M
Noncurrent Receivables €20.6M€19.2M
Noncurrent Recognised Liabilities Defined Benefit Plan €104.2M€128.1M
Other Comprehensive Income €27.1M€105.5M
Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans €28.0M€36.3M
Other Comprehensive Income Net of Tax Exchange Differences On Translation €6.0M€75.1M
Other Comprehensive Income Net of Tax Hedges of Net Investments In Foreign Operations €0€900.0K
Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax €6.0M€76.0M
Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax €21.1M€29.5M
Other Gains Losses €1.9M€3.6M
Other Reserves -€55.4M-€61.4M
Payments To Acquire Or Redeem Entitys Shares €11.4M€8.3M
Proceeds From Sales of Interests In Associates €0€15.5M
Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities €0€1.4M
Purchase of Treasury Shares €11.4M€8.3M
Retained Earnings €722.6M€995.9M
Sale Or Issue of Treasury Shares €1.0M€1.1M
Share of Profit Loss of Associates Accounted For Using Equity Method €0-€900.0K
Share Premium €2.2M€2.2M
Methodology

Every line item above is a fact tagged in TI FLUID SYSTEMS PLC'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.