Enel annual revenue was €75.67 b in FY 2018

Enel Gross profit (H1, 2019)11.4 B

Enel Gross profit margin (H1, 2019), %29.3%

Enel Net income (H1, 2019)2.9 B

Enel EBIT (H1, 2019)5.2 B

Enel Cash, 30-Jun-20195.7 B

Enel EV107.7 B

Enel revenue was €75.67 b in FY, 2018 which is a 1.4% year over year increase from the previous period.

Enel revenue breakdown by geographic segment: 19.3% from South America, 25.5% from Iberia, 50.2% from Italy and 5.1% from Other

EUR | FY, 2016 | FY, 2017 | FY, 2018 |
---|---|---|---|

## Revenue | 70.6b | 74.6b | 75.7b |

| 6% | 1% | |

## Cost of goods sold | 49.4b | 54.0b | 54.6b |

## Gross profit | 21.2b | 20.6b | 21.1b |

| 30% | 28% | 28% |

## Operating expense total | 12.1b | 11.4b | 11.7b |

## Depreciation and amortization | 6.4b | 5.9b | 5.4b |

## EBIT | 8.9b | 9.8b | 9.9b |

| 13% | 13% | 13% |

## Pre tax profit | 5.8b | 7.2b | 8.2b |

## Income tax expense | 2.0b | 1.9b | 1.9b |

## Net Income | 3.8b | 5.3b | 6.4b |

EUR | H1, 2016 | H1, 2017 | H1, 2018 | H1, 2019 |
---|---|---|---|---|

## Revenue | 34.2b | 36.3b | 36.0b | 39.0b |

## Cost of goods sold | 23.4b | 25.9b | 25.5b | 27.6b |

## Gross profit | 10.8b | 10.5b | 10.5b | 11.4b |

| 32% | 29% | 29% | 29% |

## Operating expense total | 5.5b | 5.9b | 5.8b | 6.3b |

## Depreciation and amortization | 2.8b | 2.8b | 3.0b | 3.3b |

## EBIT | 5.2b | 4.9b | 4.9b | 5.2b |

| 15% | 13% | 14% | 13% |

## Pre tax profit | 3.7b | 3.5b | 3.7b | 3.9b |

## Income tax expense | 1.1b | 1.0b | 993.0m | 994.0m |

## Net Income | 2.6b | 2.5b | 2.7b | 2.9b |

EUR | FY, 2016 | FY, 2017 | FY, 2018 |
---|---|---|---|

## Cash | 8.3b | 7.0b | 6.6b |

## Accounts Receivable | 13.5b | 14.5b | 13.6b |

## Inventories | 2.6b | 2.7b | 2.8b |

## Current Assets | 35.3b | 34.5b | 35.9b |

## PP&E | 76.3b | 74.9b | 76.6b |

## Goodwill | 13.6b | 13.7b | 14.3b |

## Total Assets | 155.6b | 155.6b | 165.4b |

## Accounts Payable | 12.7b | 12.7b | 13.4b |

## Short-term debt | 9.8b | 8.9b | 7.0b |

## Current Liabilities | 41.0b | 38.7b | 40.3b |

## Long-term debt | 41.3b | 42.4b | 49.0b |

## Non-Current Liabilities | 62.1b | 63.0b | 76.8b |

## Total Debt | 51.1b | 51.3b | 56.0b |

## Total Liabilities | 103.0b | 103.5b | 165.4b |

## Common Stock | 10.2b | 10.2b | 10.2b |

## Retained Earnings | 19.5b | 21.3b | 19.9b |

## Total Equity | 52.6b | 52.2b | 47.9b |

## Debt to Equity Ratio | 1 x | 1 x | 1.2 x |

## Debt to Assets Ratio | 0.3 x | 0.3 x | 0.3 x |

## Financial Leverage | 3 x | 3 x | 3.5 x |

EUR | H1, 2016 | H1, 2017 | H1, 2018 | H1, 2019 |
---|---|---|---|---|

## Cash | 5.5b | 8.5b | 6.4b | 5.7b |

## Accounts Receivable | 12.5b | 12.2b | 13.4b | 13.5b |

## Inventories | 2.8b | 2.7b | 3.1b | 3.1b |

## Current Assets | 31.1b | 33.6b | 36.3b | 35.7b |

## PP&E | 75.1b | 75.4b | 75.2b | 80.2b |

## Goodwill | 13.8b | 13.5b | 15.1b | 14.3b |

## Total Assets | 156.9b | 153.5b | 163.6b | 170.5b |

## Accounts Payable | 11.2b | 11.1b | 10.5b | 10.9b |

## Short-term debt | 5.9b | 10.6b | 9.3b | 7.7b |

## Current Liabilities | 34.9b | 38.4b | 41.2b | 40.0b |

## Long-term debt | 43.0b | 42.9b | 46.2b | 51.6b |

## Non-Current Liabilities | 63.7b | 63.2b | 73.6b | 81.6b |

## Total Debt | 48.8b | 53.5b | 55.5b | 59.3b |

## Total Liabilities | 104.2b | 101.7b | 116.8b | 121.7b |

## Common Stock | 10.2b | 10.2b | 10.2b | 10.2b |

## Retained Earnings | 19.7b | 20.4b | 18.3b | 20.7b |

## Total Equity | 52.7b | 51.8b | 46.8b | 32.6b |

## Debt to Equity Ratio | 0.9 x | 1 x | 1.2 x | 1.8 x |

## Debt to Assets Ratio | 0.3 x | 0.3 x | 0.3 x | 0.3 x |

## Financial Leverage | 3 x | 3 x | 3.5 x | 5.2 x |

EUR | FY, 2016 | FY, 2017 | FY, 2018 |
---|---|---|---|

## Depreciation and Amortization | 6.4b | 5.9b | 5.4b |

## Accounts Receivable | (959.0m) | (1.5b) | 426.0m |

## Inventories | 413.0m | (112.0m) | (117.0m) |

## Accounts Payable | 1.1b | 65.0m | 734.0m |

## Cash From Operating Activities | 9.8b | 10.1b | 11.1b |

## Purchases of PP&E | (7.9b) | (7.2b) | (6.9b) |

## Cash From Investing Activities | (8.1b) | (9.3b) | (9.7b) |

## Long-term Borrowings | (4.0b) | (10.6b) | (10.2b) |

## Dividends Paid | (2.5b) | (2.9b) | (3.4b) |

## Cash From Financing Activities | (4.5b) | (1.6b) | (1.6b) |

## Net Change in Cash | (2.5b) | (1.2b) | (407.0m) |

## Income Taxes Paid | 2.0b | 1.6b | 1.7b |

EUR | H1, 2016 | H1, 2017 | H1, 2018 | H1, 2019 |
---|---|---|---|---|

## Depreciation and Amortization | 2.2b | 2.8b | 3.0b | 3.3b |

## Accounts Receivable | 262.0m | 331.0m | 1.2b | (251.0m) |

## Inventories | 143.0m | (185.0m) | (293.0m) | (242.0m) |

## Accounts Payable | (1.1b) | (1.9b) | (2.4b) | (2.6b) |

## Cash From Operating Activities | 4.2b | 4.0b | 4.4b | 4.6b |

## Purchases of PP&E | (3.4b) | (3.1b) | (2.8b) | (3.5b) |

## Cash From Investing Activities | (3.3b) | (4.0b) | (4.4b) | (4.0b) |

## Long-term Borrowings | (5.1b) | (5.1b) | (4.5b) | (2.8b) |

## Dividends Paid | (2.2b) | (1.7b) | (1.8b) | (2.2b) |

## Cash From Financing Activities | (6.2b) | 435.0m | (437.0m) | (1.6b) |

## Net Change in Cash | (5.2b) | 287.0m | (657.0m) | (913.0m) |

## Income Taxes Paid | 589.0m |

EUR | Y, 2019 |
---|---|

## EV/EBIT | 20.7 x |

## EV/CFO | 23.3 x |

## Debt/Equity | 1.8 x |

## Debt/Assets | 0.3 x |

## Financial Leverage | 5.2 x |

H1, 2016 | FY, 2016 | H1, 2017 | FY, 2017 | H1, 2018 | FY, 2018 | H1, 2019 | |
---|---|---|---|---|---|---|---|

## Electricity Sales (Abroad), TWh | 85.10 | 168.90 | 89.20 | 181.60 | 88.70 | 191.10 | 101.20 |

## Electricity Sales (Italy), TWh | 45.90 | 94.10 | 49.40 | 103.20 | 51.60 | 104.30 | 47.70 |

## Electricity Transported (Abroad), TWh | 99.70 | 202.50 | 107.40 | 217.90 | 112.10 | 257.70 | 138.20 |

## Electricity Transported (Italy), TWh | 109.80 | 223.50 | 110.30 | 227.30 | 112.10 | 227.70 | 108.50 |

## Gas Sales (Abroad), billion cubic meters | 3.10 | 6 | 3.30 | 6.90 | 3.40 | 6.40 | 3.10 |

## Gas Sales (Italy), billion cubic meters | 2.60 | 4.60 | 2.90 | 4.80 | 2.90 | 4.80 | 2.90 |

## Total Net Generation (Abroad), TWh | 98.60 | 200.90 | 93.80 | 196.40 | 94.50 | 197.10 | 90.10 |

## Total Net Generation (Italy), TWh | 29.60 | 60.90 | 27.40 | 53.50 | 26.60 | 53.20 | 22.80 |