Financial data

Actual data of MLP Group

In 2017, the net assets of MLP Group rose by 7,5%

 

As at the end of December 2017, MLP Group, developer of modern warehousing space, had assets at PLN 1.36 billion, and net asset (equity) at PLN 726.7 million, up 7.5% from last year. In the entire year the Group earned PLN 47.3 million in net profit. Its consolidated revenues reached PLN 100.3 million.

In 2017, MLP Group increased the space delivered to tenants by 141,500 square meters to 432,400 square meters. The Group’s vacancy rate was very low at less than 2%. At the same time, as at the end of last year, the Group had tenancy agreements signed for the total space of 501,600 square meters, i.e. 35% more than as at the end of 2016. 72,400 square meters of space was under construction and preparation. At the same time, MLP Group had a land bank allowing for construction of further 970,000 square meters.

Selected financial ratios (2017)

  • Return on sales 47,1%
  • Current ratio 1,88
  • Debt ratio 46,5%
  • Return on assets (ROA) 3,5%
  • Return on equity (ROE) 6,5%

 

MLP Group basic financial data (in million PLN)
in million PLN 2013 2014 2015 2016 2017
Revenues 92,1 102,8 102,1 101,0 100,3
Gain on revaluation of investment property 16,5 47,4 19,7 58,3 8,6
Selling and administrative expenses (39,9) (40,4) (42,9) (54,7) (52,5)
Operating profit 118,3 106,2 81,5 102,4 55,2
Net profit 56,6 54,8 74,6 66,4 47,3
Total assets 1095,4 1234,4 1126,2 1178,0 1358,4
Total long term liabilities 475,7 552,6 403,7 435,1 569,2
Total short term liabilities 110,8 124,0 75,1 67,1 62,5
Total equity 508,9 557,9 647,4 675,7 726,7
Share capital 4,5 4,5 4,5 4,5 4,5
Total shares (pcs.) 18113255 18113255 18113255 18113255 18113255
Dividends (PLN/share) 0 0 2,3 2,3 0

 

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