LeasePlan annual revenue was €10.12 b in FY 2019

LeasePlan Revenue growth (FY, 2018 - FY, 2019), %6%

LeasePlan Gross profit (FY, 2019)1.6 B

LeasePlan Gross profit margin (FY, 2019), %15.6%

LeasePlan Net income (FY, 2019)403 M

LeasePlan Cash, 31-Dec-20194.8 B

LeasePlan revenue was €10.12 b in FY, 2019 which is a 6.3% year over year increase from the previous period.

LeasePlan revenue breakdown by business segment: 41.1% from Operating Lease Income, 25.0% from Additional Services Income, 32.6% from Vehicle Sales & End-of Contract Fees and 1.3% from Other

EUR | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|

## Revenue | 9.4b | 9.5b | 10.1b |

| 1% | 2% | 6% |

## Cost of goods sold | 7.8b | 8.1b | 8.5b |

## Gross profit | 1.6b | 1.5b | 1.6b |

| 17% | 15% | 16% |

## Sales and marketing expense | 41.3m | 32.2m | |

## General and administrative expense | 886.3m | 857.3m | 930.6m |

## Operating expense total | 983.6m | 934.6m | 1.1b |

## Depreciation and amortization | 55.9m | 45.1m | 183.5m |

## Investment income | 2.3m | 3.3m | 4.5m |

## Pre tax profit | 587.3m | 523.0m | 472.3m |

## Income tax expense | 120.7m | 99.4m | 69.4m |

## Net Income | 466.6m | 423.6m | 403.0m |

EUR | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q4, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q4, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q4, 2019 |
---|---|---|---|---|---|---|---|---|---|---|---|---|

## Revenue | 2.4b | 2.3b | 2.3b | 2.3b | 2.4b | 2.4b | 2.4b | 2.3b | 2.5b | 2.5b | 2.5b | 2.6b |

## Cost of goods sold | 2.0b | 1.9b | 1.9b | 2.0b | 2.0b | 2.0b | 2.1b | 2.0b | 2.1b | 2.1b | 2.1b | 2.1b |

## Gross profit | 405.0m | 406.7m | 383.4m | 368.3m | 373.0m | 412.2m | 316.4m | 352.6m | 389.2m | 387.9m | 387.4m | 417.5m |

| 17% | 18% | 17% | 16% | 16% | 17% | 13% | 15% | 15% | 15% | 15% | 16% |

## General and administrative expense | 209.8m | 220.4m | 215.0m | 282.1m | 202.9m | 210.8m | 212.3m | 263.3m | 212.2m | 243.0m | 219.5m | 255.9m |

## Operating expense total | 221.5m | 232.2m | 226.6m | 303.2m | 213.9m | 221.4m | 223.4m | 276.0m | 233.0m | 357.1m | 242.1m | 282.0m |

## Depreciation and amortization | 11.8m | 11.5m | 11.6m | 21.1m | 11.0m | 10.5m | 11.1m | 12.4m | 20.9m | 114.1m | 22.6m | 26.1m |

## Investment income | 1.1m | 783.0k | (191.0k) | 578.0k | 1.1m | 671.0k | 863.0k | 696.0k | 929.0k | 1.3m | 1.2m | 1.0m |

## Pre tax profit | 184.6m | 175.3m | 161.7m | 65.7m | 160.2m | 191.5m | 94.0m | 77.3m | 157.1m | 32.0m | 146.6m | 136.5m |

## Income tax expense | 44.3m | 40.8m | 32.6m | 3.0m | 26.9m | 39.1m | 26.8m | 6.5m | 25.2m | 239.0k | 22.6m | 21.3m |

## Net Income | 140.3m | 134.5m | 129.1m | 62.7m | 133.3m | 152.4m | 67.2m | 70.8m | 132.0m | 31.8m | 124.0m | 115.2m |

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

## Cash | 1.9b | 2.3b | 3.2b | 4.8b |

## Accounts Receivable | 490.4m | 547.3m | 518.3m | 638.6m |

## Prepaid Expenses | 980.3m | 1.2b | 1.2b | 1.2b |

## Inventories | 280.5m | 384.8m | 467.1m | 644.7m |

## PP&E | 16.0b | 16.8b | 17.9b | 19.3b |

## Goodwill | 174.2m | 185.7m | 256.1m | 203.4m |

## Total Assets | 23.8b | 25.1b | 27.3b | 31.3b |

## Accounts Payable | 790.9m | 834.3m | 783.6m | |

## Short-term debt | 1.3b | 1.5b | 1.2b | |

## Long-term debt | 2.0b | 1.9b | 2.6b | |

## Total Debt | 3.3b | 3.3b | 3.8b | 4.4b |

## Total Liabilities | 20.7b | 21.9b | 23.9b | 27.2b |

## Common Stock | 71.6m | 71.6m | 71.6m | 71.6m |

## Additional Paid-in Capital | 506.4m | 506.4m | 506.4m | 506.4m |

## Retained Earnings | 2.5b | 2.7b | 2.8b | 3.0b |

## Total Equity | 3.1b | 3.2b | 3.3b | 4.1b |

## Debt to Equity Ratio | 1.1 x | 1 x | 1.1 x | 1.1 x |

## Debt to Assets Ratio | 0.1 x | 0.1 x | 0.1 x | 0.1 x |

## Financial Leverage | 7.7 x | 7.8 x | 8.2 x | 7.7 x |

EUR | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 |
---|---|---|---|---|---|---|

## Cash | 3.2b | 3.1b | 2.8b | 4.1b | 4.5b | 5.2b |

## Accounts Receivable | 568.1m | 546.5m | 504.4m | 704.1m | 625.9m | 683.2m |

## Prepaid Expenses | 1.2b | 1.3b | 1.2b | 1.2b | 1.2b | 1.1b |

## Inventories | 361.9m | 355.1m | 349.9m | 450.5m | 425.1m | 433.5m |

## PP&E | 17.1b | 17.4b | 17.7b | 18.5b | 18.8b | 19.1b |

## Goodwill | 208.3m | 229.6m | 252.7m | 265.2m | 182.2m | 196.5m |

## Total Assets | 26.3b | 26.8b | 26.6b | 29.1b | 29.7b | 30.8b |

## Short-term debt | 1.4b | 1.3b | 1.3b | 1.2b | 1.4b | 1.4b |

## Long-term debt | 1.9b | 2.0b | 2.0b | 2.9b | 2.9b | 2.8b |

## Total Debt | 3.3b | 3.2b | 3.3b | 4.1b | 4.3b | 4.2b |

## Total Liabilities | 23.1b | 23.4b | 23.2b | 25.7b | 25.7b | 26.8b |

## Common Stock | 71.6m | 71.6m | 71.6m | 71.6m | 71.6m | 71.6m |

## Additional Paid-in Capital | 506.4m | 506.4m | 506.4m | 506.4m | 506.4m | 506.4m |

## Retained Earnings | 2.7b | 2.9b | 2.9b | 3.0b | 3.0b | 3.0b |

## Total Equity | 3.2b | 3.4b | 3.4b | 3.5b | 4.0b | 4.0b |

## Debt to Equity Ratio | 1 x | 1 x | 1 x | 1.2 x | 1.1 x | 1.1 x |

## Debt to Assets Ratio | 0.1 x | 0.1 x | 0.1 x | 0.1 x | 0.1 x | 0.1 x |

## Financial Leverage | 8.2 x | 7.9 x | 7.7 x | 8.3 x | 7.4 x | 7.7 x |

EUR | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|

## Net Income | 466.6m | 423.6m | 403.0m |

## Depreciation and Amortization | 3.2b | 3.4b | 3.6b |

## Inventories | 150.9m | 251.8m | 207.3m |

## Cash From Operating Activities | (543.9m) | (820.1m) | (1.1b) |

## Purchases of PP&E | (30.1m) | (62.7m) | (62.0m) |

## Capital Expenditures | (42.6m) | (89.0m) | (48.9m) |

## Cash From Investing Activities | (77.5m) | (176.4m) | (106.0m) |

## Long-term Borrowings | (6.4b) | (6.7b) | (10.0b) |

## Dividends Paid | (276.9m) | (291.5m) | (165.2m) |

## Cash From Financing Activities | 1.1b | 1.9b | 2.9b |

## Net Change in Cash | 485.7m | 869.6m | 1.7b |

## Interest Paid | 323.9m | 308.0m | 343.9m |

## Income Taxes Paid | 121.5m | 134.8m | 109.9m |

## Free Cash Flow | (586.5m) | (909.1m) | (1.1b) |

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

## Revenue/Employee | 1.3m |

## Debt/Equity | 1.1 x |

## Debt/Assets | 0.1 x |

## Financial Leverage | 7.7 x |

LeasePlan's Vehicles Sold was reported to be 283.8 k in FY, 2019.

FY, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q4, 2019 | FY, 2019 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|

## Countries (Customers) | 32 | 32 | 32 | |||||||||||

## Credit Risk Exposure | €15.45 b | €19.99 b | €21.14 b | |||||||||||

## Fleet Size (Europe) | 1.40 m | |||||||||||||

## Fleet Size (Rest of the World) | 400 k | |||||||||||||

## Future Lease Payments | €8.04 b | €7.77 b | €7.93 b | |||||||||||

## Lease Assets | €18.77 b | €18.99 b | €19.34 b | €19.54 b | €20.46 b | €20.75 b | €21.05 b | €21.44 b | ||||||

## Lease Assets (LeasePlan Italy) | €1.40 b | €1.44 b | €1.62 b | €1.67 b | €1.82 b | €1.84 b | €1.89 b | €1.90 b | ||||||

## Lease Assets (LeasePlan UK) | €2.54 b | €2.47 b | €2.37 b | €2.40 b | €2.53 b | €2.66 b | €2.61 b | €2.65 b | ||||||

## Lease Assets (Netherlands) | €2.07 b | €2.13 b | €2.19 b | €2.25 b | €2.40 b | €2.48 b | €2.57 b | €2.74 b | ||||||

## Lease Assets (Other) | €12.76 b | €12.95 b | €13.16 b | €13.22 b | €13.71 b | €13.78 b | €13.98 b | €14.15 b | ||||||

## Receivables from Clients (Past Due to Up to 1-2 Years) | €1.74 m | €3.31 m | €2.25 m | |||||||||||

## Receivables from Clients (Past Due to Up to 180 Days - 1 Year) | €21.11 m | €7.66 m | €8.87 m | |||||||||||

## Receivables from Clients (Past Due to Up to 2 Years) | €2.21 m | €697 k | €1.13 m | |||||||||||

## Receivables from Clients (Past Due to Up to 90 Days) | €515.80 m | €236.20 m | €486.05 m | |||||||||||

## Receivables from Clients (Past Due to Up to 90-180 Days) | €30.36 m | €18.64 m | €14.98 m | |||||||||||

## Residual Value | €10.73 b | €11.57 b | €12.53 b | |||||||||||

## Serviced Fleet | €1.70 m | €1.66 m | €1.75 m | €1.77 m | €1.82 m | €1.83 m | €1.87 m | |||||||

## Vehicles Insured at Period End | 764 k | 659.56 k | ||||||||||||

## Vehicles Sold | 71 k | 64 k | 62 k | 259.60 k | 65 k | 65 k | 64 k | 260.20 k | 72.30 k | 72.80 k | 283.80 k |