Financial data

Actual data of MLP Group

In 2016, the net assets of MLP Group rose by 4,4%

 

As at the end of December 2016, MLP Group, developer of modern warehousing space, had assets at PLN 1.18 billion, and net asset (equity) at PLN 675.7 million, up 4.4% from last year, and taking into account the dividend paid, the growth was as much as 10.8%. In the entire year the Group earned PLN 66.4 million in net profit. Its consolidated revenues reached PLN 101 million.

In 2016, MLP Group was executing investment projects for the total area of 105.9 thous. sqm, out of which construction of 29,5 thous. sqm was completed. Last year, MLP Group purchased land for development of a new logistics park MLP Czeladź and started execution of new investment projects in the following parks: MLP Pruszków II, MLP Wrocław, MLP Lublin and MLP Poznań. At the end of 2016, the Group had 306.4 thousands of thous. sqm built, of which 290.9 thous. sqm were leased. This means that the vacancy rate was at 5%. At the same time, over 94.6 thous. sqm of space was under construction and preparation, of which 85% has already been leased.

 

Selected financial ratios (2016)

  • Return on sales 65,7%
  • Current ratio 2,02
  • Debt ratio 42,6%
  • Return on assets (ROA) 5,6%
  • Return on equity (ROE) 9,8%

 

MLP Group basic financial data (in million PLN)
in million PLN 2012 2013 2014 2015 2016
Revenues 86,1 92,1 102,8 102,1 101,0
Gain on revaluation of investment property 19 16,5 47,4 19,7 58,3
Selling and administrative expenses (33,3) (39,9) (40,4) (42,9) (54,7)
Operating profit 72,9 118,3 106,2 81,5 102,4
Net profit 57,0 56,6 54,8 74,6 66,4
Total assets 989,2 1095,4 1234,4 1126,2 1178,0
Total long term liabilities 454,5 475,7 552,6 403,7 435,1
Total short term liabilities 160,5 110,8 124,0 75,1 67,1
Total equity 374,2 508,9 557,9 647,4 675,7
Share capital 3,8 4,5 4,5 4,5 4,5
Total shares (pcs.) 15094379 18113255 18113255 18113255 18113255
Dividends (PLN/share) 0 0 0 2,3 2,3

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