Key Financial Indicators

When evaluating the indicators of AST’s financial performance and operating results, it should be taken into account that electricity transmission is a regulated sector; the Public Utilities Commission determines the allowed profit of AST, determining the rate of return on capital and approving tariffs for electricity transmission system services.

   
AST Group
 
AS ''Augstsprieguma tīkls''
Financials, in thousand EUR
 
2020
 
2020
2019
2018
2017
2016
Revenue1   144 886   147 348 184 742 193 866 158 862 116 789
EBITDA   55 028   42 343 40 515 1 642 1 843 1 159
Net Income2   64 051   9 999 7 067 4 677 309 352
                 
Size of Balance Sheet   1 213 515   905 527 221 934 193 000 188 722 114 697
Equity   639 203   384 809 69 956 70 344 8 499 8 661
Debt   224 747   202 872     57 394 0
Cash and other liquid assets   72 388   57 225 48 216 106 637 33 113 86 233
                 
Operating Cash Flow   103 053   48 591 20 423 7 236 38 645 5 613
                 
Liquidity, (≥1.1)   3,1   4,7 1,1 3,8 1,3 5,3
EBITDA Margin   38,0%   28,7% 21,9% 0,8% 1,2% 1,0%
Equity Ratio, (≥35%)   53%   42% 32% 36% 5% 8%
NetDEBT / EBITDA, (≤5.0)   2,8   3,4     13,2  
Operative Key Indicators                
Electricity transferred to Latvian consumers, GWh       5 961 6 012 6 051 5 807 5 822
Employees, average per year   887   546 552 548 539 525
Disclaimers::

EBITDA - Earnings before Interest, Tax, Depreciation and Ammortization
Liquidity - calculated excluding sums that are part of this years refinancing plan
EBITDA Margin - EBITDA / Revenue 
Equity Ratio - Equity / Size of Balance Sheet
NetDEBT - Debt minus Cash and other liquid assets (including deposits with less than 3 month maturity) 


1 Group's Revenue in 2020 is influenced by excluding mutual services done between AS "Augstsprieguma tīkls" and AS "Latvijas elektriskie tīkli"
2 Group's Net Income that is reffered to parent company

Contacts:

 

Head of Financial and credit unit of AST Ieva Varakalne

 

86 Darzciema str., Rīga, LV-1073, Latvia
+371 67725453
ieva.varakalne@ast.lv