Group Key Figures: Multi-Year Overview

in EUR m

 

2022

 

20211

 

2020

 

2019

 

2018

Revenues

 

4,163

 

4,495

 

4,047

 

4,135

 

4,009

Adjusted EBITDA2

 

678

 

841

 

706

 

872

 

1,013

Adjusted EBITDA margin (in %)

 

16.3

 

18.7

 

17.4

 

21.1

 

25.3

EBITDA

 

666

 

803

 

801

 

838

 

570

Operating result (EBIT)

 

236

 

552

 

553

 

578

 

348

Result before income taxes

 

97

 

614

 

370

 

572

 

344

Net income attributable to shareholders of ProSiebenSat.1 Media SE

 

5

 

456

 

267

 

413

 

248

Adjusted net income3

 

301

 

365

 

221

 

387

 

541

Adjusted earnings per share (in EUR)

 

1.33

 

1.61

 

0.98

 

1.71

 

2.36

Payments for the acquisition of programming assets

 

895

 

1,060

 

1,063

 

1,072

 

1,070

Adjusted operating free cash flow4

 

492

 

599

 

424

 

 

Free cash flow

 

388

 

289

 

120

 

207

 

‒78

Cash flow from investing activities

 

‒966

 

‒1.249

 

‒1.391

 

‒1.396

 

‒1.536

in EUR m

 

12/31/2022

 

12/31/20211

 

12/31/2020

 

12/31/2019

 

12/31/2018

Employees5

 

7,284

 

7,906

 

7,307

 

7,253

 

6,583

Programming assets

 

1,086

 

1,145

 

1,213

 

1,204

 

1,113

Equity

 

1,774

 

1,968

 

1,687

 

1,288

 

1,070

Equity ratio (in %)

 

29.5

 

29.6

 

23.8

 

19.5

 

16.5

Cash and cash equivalents

 

504

 

594

 

1,224

 

950

 

1,031

Financial debt

 

2,117

 

2,446

 

3,192

 

3,195

 

3,194

Net financial debt

 

1,613

 

1,852

 

1,968

 

2,245

 

2,163

Leverage ratio6

 

2.4

 

2.2

 

2.8

 

2.6

 

2.1

1

Prior-year figures partly adjusted as described in Notes to Consolidated Financial Statements, note 3 “Changes in reporting standards and accounting policies”.

2

EBITDA before reconciling items.

3

Net income attributable to shareholders of ProSiebenSat.1 Media SE before the amortization and impairments from purchase price allocations as well as impairments of goodwill, adjusted for the reconciling items. These include valuation effects recognized in other financial result, valuation effects of put option and earn-out liabilities, valuation effects from interest rate hedging transactions as well as other material one-time items. Moreover, the tax effects resulting from such adjustments are also adjusted. See Group Management Report, chapter “Planning and Management”.

4

As of financial year 2021, ProSiebenSat.1 Group has introduced the “adjusted operating free cash flow” among others as the most significant financial performance indicator. Prior-year figures were not determined up to financial year 2020. For the definition, please refer to the Group Management Report, chapter “Planning and Management”.

5

Full-time equivalent positions as of reporting date.

6

Ratio of net financial debt to adjusted EBITDA in the last twelve months.

Segment Key Figures – Multi-Year Overview

in EUR m

 

2022

 

20211

 

2020

Entertainment

 

 

 

 

 

 

External revenues

 

2,888

 

3,098

 

2,768

Adjusted EBITDA2

 

563

 

698

 

561

 

 

 

 

 

 

 

Dating & Video

 

 

 

 

 

 

External revenues

 

518

 

542

 

333

Adjusted EBITDA2

 

99

 

119

 

80

 

 

 

 

 

 

 

Commerce & Ventures

 

 

 

 

 

 

External revenues

 

757

 

855

 

945

Adjusted EBITDA2

 

41

 

51

 

84

 

 

 

 

 

 

 

Reconciliation (Holding & other)

 

 

 

 

 

 

Adjusted EBITDA2

 

–25

 

–26

 

–19

1

Prior-year figures partly adjusted as described in Notes to Consolidated Financial Statements, note 3 “Changes in reporting standards and accounting policies”.

2

EBITDA before reconciling items.