Titan Cement International financials

Titan Cement International

Country: BE Reporting currency: EUR Latest annual report: 2024-12-31
LEI: 213800H2CDP9I374WH83
Source filing ↗
Financial statements (EUR, as reported — unscaled; 113 line items across 3 annual periods)
Line item 202420232022
Income statement
Revenue €2.64B€2.55B
Cost of sales €1.94B€1.91B
Gross profit €701.9M€641.9M
Administrative expenses €257.4M€214.9M
Net finance income / (cost) -€29.7M-€51.2M
Finance costs €46.5M€48.0M
Profit before tax €375.6M€339.7M
Income tax expense €85.3M€67.1M
Profit for the year €290.3M€272.6M
— attributable to owners €289.2M€268.6M
— attributable to NCI €1.1M€4.0M
Total comprehensive income €300.6M€218.4M
Per share
Basic EPS €3.89€3.59
Diluted EPS €3.89€3.59
Free cash flow / share €2.92€3.10
Cash flow statement
Cash generated from operations €550.1M€516.6M
Net cash from operating activities €452.8M€449.6M
Income taxes paid €97.3M€67.0M
Net cash from investing activities -€256.0M-€220.3M
Purchase of PP&E (capex) €234.8M€214.0M
Purchase of intangibles €15.8M€10.0M
Net cash from financing activities -€264.1M-€136.0M
Dividends paid €65.7M€45.7M
Proceeds from borrowings €306.5M€447.0M
Lease liability payments €15.5M€17.1M
Net change in cash -€67.3M€93.3M
Balance sheet
Total assets €3.28B€3.21B€2.99B
Non-current assets €2.33B€2.19B€2.18B
Property, plant & equipment €1.81B€1.69B€1.66B
Intangible assets & goodwill €273.5M€274.0M€280.8M
Current assets €950.5M€1.02B€812.2M
Inventories €442.2M€395.5M€394.7M
Trade & other receivables €354.2M€325.7M€294.8M
Cash & equivalents €123.3M€194.5M€105.7M
Total equity €1.82B€1.58B€1.42B
— attributable to owners €1.79B€1.55B€1.39B
Non-controlling interests €37.4M€30.7M€29.7M
Non-current liabilities €920.5M€785.7M€999.5M
Long-term borrowings €597.0M€484.4M€704.8M
Lease liabilities (non-current) €65.2M€56.7M€58.8M
Current liabilities €537.5M€846.1M€573.8M
Lease liabilities (current) €16.7M€15.5M€16.9M
Trade & other payables €400.6M€386.3M€387.7M
Deferred tax liabilities €149.6M€127.9M€133.5M
Derived metrics
Free cash flow €218.0M€235.5M
Net margin 11.0%10.7%
Return on equity 15.9%17.3%
Cash conversion ratio 1.56×1.65×
Capex coverage 1.93×2.10×
Other reported items
Adjustments For Depreciation and Amortisation Expense and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss €182.8M€152.0M
Adjustments For Income Tax Expense €85.3M€67.1M
Adjustments For Interest Expense €35.5M€41.5M
Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities €13.6M€3.5M
Comprehensive Income Attributable To Noncontrolling Interests €8.1M€1.7M
Comprehensive Income Attributable To Owners of Parent €292.5M€216.7M
Current Borrowings and Current Portion of Noncurrent Borrowings €66.4M€377.8M€122.5M
Current Contract Liabilities €19.0M€16.9M€13.9M
Current Tax Assets Current €29.6M€10.2M€1.9M
Current Tax Liabilities Current €15.3M€17.8M€5.9M
Decrease Increase Through Tax On Sharebased Payment Transactions €208.0K
Deferred Tax Assets €4.7M€3.7M€5.7M
Dividends Paid To Equity Holders of Parent Classified As Financing Activities €63.4M€45.0M
Dividends Paid To Noncontrolling Interests Classified As Financing Activities €2.3M€744.0K
Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners Per Share €3.00
Dividends Received Classified As Investing Activities €1.3M€1.2M
Dividends Recognised As Distributions To Owners Per Share €0.85€0.60
Effect of Exchange Rate Changes On Cash and Cash Equivalents -€3.9M-€4.4M
Equity and Liabilities €3.28B€3.21B€2.99B
Finance Income €10.2M€5.7M
Gains Losses On Cash Flow Hedges Before Tax -€102.0K-€4.1M
Gains Losses On Exchange Differences On Translation Recognised In Profit Or Loss -€1.6M-€27.6M
Gains Losses On Net Monetary Position €8.3M€18.7M
Impairment Loss Recognised In Profit Or Loss Goodwill €17.0M€111.0K
Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss Trade Receivables -€383.0K€5.5M
Income Tax Relating To Components of Other Comprehensive Income That Will Be Reclassified To Profit Or Loss -€1.9M-€543.0K
Income Tax Relating To Components of Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss -€285.0K-€69.0K
Increase Decrease In Accumulated Deferred Tax Recognised In Other Comprehensive Income Due To Change In Tax Rate €0€1.1M
Increase Decrease In Working Capital €65.1M€68.8M
Increase Decrease Through Acquisition of Subsidiary €913.0K
Increase Decrease Through Changes In Ownership Interests In Subsidiaries That Do Not Result In Loss of Control €0€0
Increase Decrease Through Sharebased Payment Transactions €26.3M€416.0K
Increase Decrease Through Transfers and Other Changes Equity €0€0
Increase Decrease Through Treasury Share Transactions €12.9M€3.9M
Intangible Assets Other Than Goodwill €97.2M€79.6M€83.9M
Interest Paid Classified As Financing Activities €44.0M€44.9M
Interest Received Classified As Investing Activities €7.2M€3.4M
Investment Accounted For Using Equity Method €105.8M€109.0M€100.4M
Investment Property €11.0M€11.0M€11.2M
Liabilities €1.46B€1.63B€1.57B
Miscellaneous Other Operating Expense €1.8M€5.4M
Miscellaneous Other Operating Income €11.3M€8.6M
Noncurrent Contract Liabilities €0€786.0K€1.3M
Noncurrent Recognised Liabilities Defined Benefit Plan €23.9M€21.4M€20.2M
Other Adjustments For Noncash Items €21.2M€52.2M
Other Comprehensive Income €10.3M-€54.2M
Other Comprehensive Income Before Tax Exchange Differences On Translation €22.0M-€50.7M
Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans -€1.6M-€237.0K
Other Comprehensive Income Before Tax Hedges of Net Investments In Foreign Operations -€8.6M-€5.5M
Other Inflows Outflows of Cash Classified As Financing Activities €80.0M-€80.0M
Other Longterm Provisions €66.0M€67.1M€52.2M
Other Noncurrent Assets €21.9M€22.0M€19.9M
Other Noncurrent Liabilities €10.8M€25.6M€13.2M
Other Shortterm Provisions €18.3M€17.6M€14.5M
Payments To Acquire Or Redeem Entitys Shares €22.4M€14.9M
Proceeds From Disposals of Property Plant and Equipment Intangible Assets Other Than Goodwill Investment Property and Other Noncurrent Assets €3.2M€6.0M
Proceeds From Sale Or Issue of Treasury Shares €488.0K€1.1M
Purchase of Treasury Shares €22.4M€14.9M
Reclassification Adjustments On Cash Flow Hedges Before Tax €3.6M-€6.8M
Sale Or Issue of Treasury Shares €488.0K€1.1M
Sales and Marketing Expense €40.0M€36.2M
Share of Other Comprehensive Income of Associates and Joint Ventures Accounted For Using Equity Method That Will Not Be Reclassified To Profit Or Loss Before Tax €2.0K€7.0K
Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method €8.0M€2.6M
Shortterm Deposits Not Classified As Cash Equivalents €0€80.0M€0
Methodology

Every line item above is a fact tagged in Titan Cement International'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.