Cash flow Enel S.p.A.

Equities

ENEL

IT0003128367

Electric Utilities

Real-time Borsa Italiana Other stock markets 09:50:55 2024-09-10 am EDT			5-day change	1st Jan Change
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01:32pm	Four steps back, one step forward
11:58am	Piazza Affari in the red; Amplifon sinks the Mib.	AN

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Published financial data: ENEL S.P.A.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues - (Utility Template)	77.37B	62.62B	84.1B	136B	92.88B
Other Revenues, Total	1.48B	1.38B	-	2.3B	1.34B
Total Revenues	78.85B	64.01B	84.1B	138B	94.23B
Fuel & Purchased Power	33.76B	25.05B	49.09B	96.9B	46.27B
Operations And Maintenance	1.14B	1.13B	1.41B	1.07B	1.13B
Selling General & Admin Expenses, Total	63M	396M	126M	503M	534M
Depreciation & Amortization - (IS) - (Collected)	5.75B	5.34B	5.77B	6.09B	6.35B
Provision for Bad Debts	1.04B	1.31B	1.2B	1.11B	1.17B
Other Operating Expenses	26.57B	19.82B	18.35B	21.86B	25.98B
Total Operating Expenses	68.32B	53.05B	75.95B	128B	81.45B
Operating Income (REIT / Utility Template)	10.53B	10.96B	8.16B	10.44B	12.78B
Interest Expense, Total	-2.6B	-2.33B	-2.36B	-2.63B	-3.52B
Interest and Investment Income	288M	179M	205M	360M	627M
Net Interest Expenses	-2.31B	-2.15B	-2.16B	-2.27B	-2.9B
Income (Loss) on Equity Invest.	-122M	-299M	571M	4M	-41M
Currency Exchange Gains (Loss)	-314M	937M	-1.34B	110M	749M
Other Non Operating Income (Expenses)	137M	-909M	2.84B	-415M	-1.48B
EBT, Excl. Unusual Items	7.92B	8.54B	8.07B	7.87B	9.11B
Restructuring Charges	-101M	-1.03B	-816M	171M	-256M
Impairment of Goodwill	-27M	-274M	-	-	-
Gain (Loss) on Sale of Investments	2M	-353M	6M	-	-244M
Gain (Loss) on Sale of Assets	147M	53M	1.77B	1.77B	468M
Asset Writedown	-3.9B	-1.55B	-2.92B	-1.36B	-1.74B
Insurance Settlements	-	-	-	-	-
Legal Settlements	-	-	-	-	-
Other Unusual Items	276M	77M	-614M	290M	76M
EBT, Incl. Unusual Items	4.31B	5.46B	5.5B	8.74B	7.42B
Income Tax Expense	836M	1.84B	1.64B	3.52B	2.78B
Earnings From Continuing Operations	3.48B	3.62B	3.86B	5.22B	4.64B
Earnings Of Discontinued Operations	-	-	-	-1.96B	-375M
Net Income to Company	3.48B	3.62B	3.86B	3.26B	4.26B
Minority Interest	-1.3B	-1.01B	-668M	-1.58B	-825M
Net Income - (IS)	2.17B	2.61B	3.19B	1.68B	3.44B
Preferred Dividend and Other Adjustments	-	-	-	123M	182M
Net Income to Common Incl Extra Items	2.17B	2.61B	3.19B	1.56B	3.26B
Net Income to Common Excl. Extra Items	2.17B	2.61B	3.19B	3.51B	3.63B
Per Share Items
Net EPS - Basic	0.21	0.26	0.31	0.15	0.32
Basic EPS - Continuing Operations	0.21	0.26	0.31	0.35	0.36
Basic Weighted Average Shares Outstanding	10.17B	10.16B	10.16B	10.16B	10.16B
Net EPS - Diluted	0.21	0.26	0.31	0.15	0.32
Diluted EPS - Continuing Operations	0.21	0.26	0.31	0.35	0.36
Diluted Weighted Average Shares Outstanding	10.17B	10.16B	10.16B	10.16B	10.16B
Normalized Basic EPS	0.36	0.43	0.43	0.33	0.48
Normalized Diluted EPS	0.36	0.43	0.43	0.33	0.48
Dividend Per Share	0.33	0.36	0.38	0.4	0.43
Payout Ratio	182.01	181.69	158.07	298.69	154.65
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
Utility Revenues	56.12B	50.14B	65.7B	95.92B	75.97B
Non Utility Revenues	24.2B	14.84B	22.31B	44.6B	19.59B
EBITDA	15.83B	15.82B	13.38B	15.89B	17.4B
EBITA	11.61B	11.94B	9.26B	11.72B	14.04B
EBIT	10.53B	10.96B	8.16B	10.44B	12.78B
EBITDAR	15.89B	16.21B	13.5B	16.39B	17.93B
Total Revenues (As Reported)	80.33B	64.98B	88.01B	141B	95.56B
Effective Tax Rate - (Ratio)	19.39	33.7	29.87	40.3	37.46
Total Current Taxes	2B	1.73B	2.17B	2.79B	2.8B
Total Deferred Taxes	-1.17B	111M	-525M	731M	-24M
Normalized Net Income	3.65B	4.33B	4.38B	3.34B	4.87B
Interest Capitalized	159M	154M	182M	260M	303M
Interest on Long-Term Debt	2.09B	2.11B	2.14B	1.98B	2.21B
Non-Cash Pension Expense	186M	-440M	135M	158M	180M
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	4M	113M	133M	105M	68M
Net Rental Expense, Total	63M	396M	126M	503M	534M
Imputed Operating Lease Interest Expense	23.36M	128M	38.71M	143M	199M
Imputed Operating Lease Depreciation	39.64M	268M	87.29M	360M	335M
Maintenance & Repair Expenses, Total	1.14B	1.13B	1.41B	1.07B	1.13B
Stock-Based Comp., Other (Total)	-	-	-	-	2M
Total Stock-Based Compensation	-	-	-	-	2M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	9.03B	5.91B	8.86B	11.04B	6.8B
Short Term Investments - (Utility / Insurance Templates)	567M	67M	87M	78M	81M
Trading Asset Securities, Total	3.09B	2.76B	19.66B	12.08B	4.44B
Accounts Receivable, Total	13.25B	12.22B	16.2B	16.71B	17.98B
Other Receivables	6.95B	8.37B	5.21B	4.54B	4.49B
Accounts Receivable (Summary Subtotal)	20.2B	20.59B	21.4B	21.25B	22.48B
Inventory - (Utility Template)	2.53B	2.4B	3.11B	4.85B	4.29B
Other Current Assets, Total	1.39B	2.83B	13.25B	16.76B	12.44B
Total Current Assets	36.8B	34.55B	66.37B	66.06B	50.54B
Gross Property Plant And Equipment	184B	185B	193B	198B	201B
Accumulated Depreciation	-104B	-106B	-109B	-110B	-111B
Net Property Plant And Equipment	79.81B	78.72B	84.57B	88.52B	89.8B
Goodwill	14.24B	13.78B	13.82B	13.74B	13.04B
Other Intangibles, Total	21.16B	19.23B	19.99B	19.87B	20.02B
Long-Term Investments - (Utility Template)	2.23B	1.43B	1.49B	2.92B	3.12B
Accounts Receivable Long-Term	487M	304M	530M	508M	444M
Deferred Tax Assets Long-Term (Collected)	9.11B	8.58B	11.03B	10.92B	9.22B
Deferred Charges Long-Term	632M	735M	966M	1.38B	1.43B
Other Long-Term Assets, Total	6.95B	6.12B	8.16B	15.68B	7.62B
Total Assets	171B	163B	207B	220B	195B
Liabilities
Accounts Payable, Total	12.96B	12.86B	16.96B	17.64B	15.82B
Accrued Expenses, Total	2.6B	2.9B	3.39B	3.62B	3.74B
Short-Term Borrowings	3.92B	6.34B	13.31B	18.39B	4.77B
Current Portion of Long-Term Debt	3.21B	3.01B	3.85B	2.6B	8.86B
Current Portion of Leases	275M	247M	259M	261M	268M
Current Income Taxes Payable	209M	471M	712M	1.62B	1.57B
Unearned Revenue, Current	1.33B	1.28B	1.43B	1.78B	2.13B
Other Current Liabilities - (Bank / Utility Template)	15.99B	14.68B	36.81B	29.75B	21.95B
Total Current Liabilities	40.49B	41.79B	76.72B	75.66B	59.12B
Long-Term Debt	53.27B	48.64B	52.84B	65.93B	58.57B
Long-Term Leases	1.69B	1.82B	2.29B	2.41B	2.64B
Unearned Revenue Non Current	6.3B	6.19B	6.21B	5.75B	5.74B
Pension & Other Post Retirement Benefits	4.6B	3.59B	3.16B	2.43B	2.47B
Deferred Tax Liability Non-Current	8.31B	7.8B	9.26B	9.54B	8.22B
Other Non Current Liabilities, Total	9.82B	11.27B	14.12B	15.81B	13.36B
Total Liabilities	124B	121B	165B	178B	150B
Common Stock, Total	10.17B	10.17B	10.17B	10.17B	10.17B
Additional Paid In Capital	7.49B	7.48B	7.5B	7.5B	7.5B
Retained Earnings	21.12B	20.23B	19.84B	17.83B	17.13B
Treasury Stock	-1M	-3M	-36M	-47M	-59M
Comprehensive Income and Other	-8.39B	-9.55B	-7.81B	-6.79B	-2.98B
Total Common Equity	30.38B	28.32B	29.65B	28.66B	31.76B
Minority Interest	16.56B	14.03B	12.69B	13.42B	13.35B
Total Equity	46.94B	42.36B	42.34B	42.08B	45.11B
Total Liabilities And Equity	171B	163B	207B	220B	195B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	10.17B	10.16B	10.16B	10.16B	10.16B
ECS Total Common Shares Outstanding	10.17B	10.16B	10.16B	10.16B	10.16B
Book Value / Share	2.99	2.55	2.37	2.27	2.48
Tangible Book Value	-5.02B	-4.69B	-4.16B	-4.95B	-1.3B
Tangible Book Value Per Share	-0.49	-0.7	-0.96	-1.04	-0.77
Total Debt	62.36B	60.06B	72.54B	89.59B	75.11B
Net Debt	49.68B	51.33B	43.93B	66.4B	63.79B
Debt Equivalent of Unfunded Proj. Benefit Obligation	2.56B	2.33B	2.08B	1.76B	1.89B
Debt Equivalent Oper. Leases	504M	3.17B	1.01B	4.02B	4.27B
Minority Interest, Total (Incl. Fin. Div)	16.56B	14.03B	12.69B	13.42B	13.35B
Equity Method Investments, Total	1.68B	861M	704M	1.28B	1.65B
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	2.35B	2.14B	2.82B	4.55B	3.6B
Inventories - Finished Goods, Total	163M	223M	207M	205M	604M
Inventories - Others	18M	41M	86M	97M	88M
Land - (BS)	663M	637M	643M	629M	630M
Buildings, Total	10.26B	10.26B	11.12B	11.61B	12.08B
Machinery, Total	161B	160B	164B	166B	168B
Full Time Employees	68.25K	66.72K	66.28K	65.12K	61.06K
Assets under Capital Lease - Gross	-	-	-	-	-
Assets under Capital Lease - Accumulated Depreciation	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	2.98B	3.29B	3.66B	3.78B	3.78B

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	2.17B	2.61B	3.19B	1.68B	3.44B
Depreciation, Depletion & Amortization	4.48B	4.16B	4.42B	4.51B	3.7B
Amortization of Goodwill and Intangible Assets - (CF)	1.08B	978M	1.11B	1.28B	1.26B
Total Depreciation, Depletion & Amortization	5.56B	5.14B	5.52B	5.79B	4.96B
Amortization of Deferred Charges, Total	191M	204M	250M	379M	430M
(Gain) Loss On Sale of Asset - (CF)	-268M	-1M	-1.77B	-355M	369M
(Gain) Loss on Sale of Investments - (CF)	-	-26M	-	169M	160M
Total Asset Writedown	3.93B	1.82B	2.92B	2.64B	3.07B
(Income) Loss On Equity Investments - (CF)	119M	276M	-577M	-24M	-20M
Provision and Write-off of Bad Debts	1.04B	1.31B	1.1B	1.12B	1.2B
Change in Accounts Receivable	-908M	-1.36B	-4.9B	-2.77B	-2.59B
Change In Inventories	318M	-8M	-649M	-2.17B	435M
Change in Accounts Payable	-51M	698M	4.36B	1.33B	-1.16B
Change in Unearned Revenues	154M	-142M	75M	254M	172M
Change in Other Net Operating Assets (Collected)	214M	-750M	15M	-614M	2.55B
Other Operating Activities	-1.22B	1.74B	531M	1.23B	1.62B
Cash from Operations	11.25B	11.51B	10.07B	8.67B	14.62B
Capital Expenditure	-8.24B	-8.33B	-10.54B	-11.28B	-11.38B
Cash Acquisitions	-320M	-33M	-283M	-1.28B	-17M
Divestitures	688M	154M	61M	2.03B	2.08B
Purchase / Sale of Intangible Assets	-1.72B	-1.87B	-2.56B	-3.22B	-2.18B
Other Investing Activities, Total	468M	-41M	2.46B	120M	887M
Cash from Investing	-9.12B	-10.12B	-10.88B	-13.63B	-10.61B
Long-Term Debt Issued, Total	9.25B	3.92B	19.23B	22.4B	6.09B
Total Debt Issued	9.25B	3.92B	19.23B	22.4B	6.09B
Long-Term Debt Repaid, Total	-5.51B	-2.66B	-11.32B	-9.98B	-10.08B
Total Debt Repaid	-5.51B	-2.66B	-11.32B	-9.98B	-10.08B
Issuance of Common Stock	-	588M	2.21B	-	986M
Repurchase of Common Stock	-10M	-13M	-13M	-14M	-20M
Common Dividends Paid	-3.96B	-4.74B	-5.04B	-5.02B	-5.32B
Common & Preferred Stock Dividends Paid	-3.96B	-4.74B	-5.04B	-5.02B	-5.32B
Other Financing Activities, Total	530M	-1.07B	-1.3B	-13M	-25M
Cash from Financing	306M	-3.97B	3.78B	7.37B	-8.36B
Foreign Exchange Rate Adjustments	-76M	-497M	17M	136M	-49M
Net Change in Cash	2.37B	-3.08B	2.99B	2.55B	-4.4B
Supplemental Items
Cash Interest Paid	4.24B	3.69B	4.41B	5.02B	5.66B
Cash Income Tax Paid (Refund)	1.85B	1.58B	1.85B	1.93B	2.96B
Net Debt Issued / Repaid	3.74B	1.26B	7.91B	12.42B	-3.98B
Levered Free Cash Flow	1.71B	-1.55B	11.45B	-14.69B	-1.77B
Unlevered Free Cash Flow	3.34B	-92.62M	12.93B	-13.05B	428M
Change In Net Working Capital	-959M	2.09B	-15.17B	11.24B	-615M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	3.91	4.09	2.75	3.06	3.85
Return on Total Capital	6.16	6.47	4.69	5.29	6.34
Return On Equity %	7.33	8.11	9.11	12.36