PPC S.A.
ISIN: GRS434003000 | Ticker: PPC | LEI: 213800T9Y5XCOVRZ4Y57
Country: Greece
We are the leading electricity producer and supplier in Greece, and for 70 years we have been a driving force for the development of our national economy.
PPC was founded in 1950 and has been listed on the Athens Stock Exchange since 2001. It is the leading electricity generation and supply company in Greece, with activities in the generation, distribution and sale of electricity to consumers. It is the largest electricity supplier in Greece, serving approximately 6 million customers throughout the country.
It has 10,4 GW of generation capacity in Greece, with thermal and hydroelectric power plants as well as Renewable Energy Sources installations. It owns the electricity distribution network with a Regulated Asset Base of approximately €3 billion, operated by its subsidiary HEDNO S.A.
2000
Served areaGreece
HeadquartersChalkokondili Str. 30, 10432 Athina – Greece
| Line item in (eur) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Assets | 13,587,669,000.00 | 13,684,994,000.00 | 17,779,184,000.00 | 19,527,215,000.00 |
| Noncurrent Assets | 10,999,971,000.00 | 10,697,887,000.00 | 11,185,862,000.00 | 11,866,710,000.00 |
| Property Plant And Equipment | 10,572,714,000.00 | 10,269,886,000.00 | 10,265,746,000.00 | 10,550,781,000.00 |
| Intangible Assets Other Than Goodwill | 80,923,000.00 | 112,116,000.00 | 359,989,000.00 | N/A |
| Investments In Associates Accounted For Using Equity Method | 36,364,000.00 | 34,063,000.00 | 38,822,000.00 | 60,147,000.00 |
| Investments In Subsidiaries | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Tax Assets | 221,098,000.00 | 202,113,000.00 | 382,487,000.00 | 426,393,000.00 |
| Noncurrent Financial Assets Measured At Fair Value Through Other Comprehensive Income | 1,251,000.00 | 866,000.00 | 327,000.00 | 330,000.00 |
| Noncurrent Derivative Financial Assets | N/A | N/A | 0.00 | 15,482,000.00 |
| Other Noncurrent Assets | 20,428,000.00 | 14,268,000.00 | 3,921,000.00 | 24,168,000.00 |
| Current Assets | 2,587,698,000.00 | 2,987,107,000.00 | 6,593,322,000.00 | 7,660,505,000.00 |
| Inventories | 730,895,000.00 | 630,364,000.00 | 609,902,000.00 | 840,184,000.00 |
| Current Trade Receivables | 683,491,000.00 | 708,679,000.00 | 1,100,625,000.00 | 1,365,605,000.00 |
| Other Current Receivables | 381,167,000.00 | 393,716,000.00 | 1,242,540,000.00 | 1,330,661,000.00 |
| Cash and cash equivalents | 286,917,000.00 | 815,640,000.00 | 2,832,351,000.00 | 3,159,484,000.00 |
| Current Assets Other Than Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | 2,587,698,000.00 | 2,987,107,000.00 | 6,593,322,000.00 | 7,639,882,000.00 |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale | 0.00 | 0.00 | 0.00 | 20,623,000.00 |
| Current Restricted Cash And Cash Equivalents | 67,752,000.00 | 58,702,000.00 | 65,856,000.00 | 67,847,000.00 |
| Current Derivative Financial Assets | 0.00 | 4,803,000.00 | 76,908,000.00 | 0.00 |
| Equity And Liabilities | 13,587,669,000.00 | 13,684,994,000.00 | 17,779,184,000.00 | 19,527,215,000.00 |
| Equity | 3,058,090,000.00 | 3,086,941,000.00 | 5,079,007,000.00 | 4,679,870,000.00 |
| Issued Capital | 575,360,000.00 | 575,360,000.00 | 947,360,000.00 | 947,360,000.00 |
| Retained Earnings | -1,610,521,000.00 | -1,550,361,000.00 | -1,538,702,000.00 | -869,348,000.00 |
| Share Premium | 106,679,000.00 | 106,679,000.00 | 1,018,753,000.00 | 1,018,747,000.00 |
| Treasury Shares | N/A | N/A | 0.00 | 40,683,000.00 |
| Other Reserves | 51,888,000.00 | 87,605,000.00 | 306,377,000.00 | -1,321,801,000.00 |
| Statutory Reserve | 128,317,000.00 | 128,317,000.00 | 128,317,000.00 | 136,635,000.00 |
| Equity Attributable To Owners Of Parent | 3,057,835,000.00 | 3,086,646,000.00 | 5,078,678,000.00 | 4,073,900,000.00 |
| Noncontrolling Interests | 255,000.00 | 295,000.00 | 329,000.00 | 605,970,000.00 |
| Noncurrent Liabilities | 7,159,309,000.00 | 7,107,165,000.00 | 7,978,393,000.00 | 9,280,428,000.00 |
| Other Longterm Provisions | 780,694,000.00 | 774,357,000.00 | 835,261,000.00 | 804,029,000.00 |
| Noncurrent Contract Liabilities | 2,331,696,000.00 | 2,274,035,000.00 | 2,349,074,000.00 | 2,384,657,000.00 |
| Noncurrent Government Grants | 172,577,000.00 | 153,720,000.00 | 137,548,000.00 | 182,955,000.00 |
| Other Noncurrent Financial Liabilities | 0.00 | 123,465,000.00 | 229,475,000.00 | 350,089,000.00 |
| Noncurrent Recognised Liabilities Defined Benefit Plan | 300,957,000.00 | 230,422,000.00 | 209,372,000.00 | 137,395,000.00 |
| Other Noncurrent Liabilities | 13,055,000.00 | 22,515,000.00 | 35,564,000.00 | 35,541,000.00 |
| Longterm Borrowings | 3,510,961,000.00 | 3,480,453,000.00 | 4,062,638,000.00 | 3,822,907,000.00 |
| Current Liabilities | 3,370,270,000.00 | 3,490,888,000.00 | 4,721,784,000.00 | 5,566,917,000.00 |
| Trade And Other Current Payables | 1,689,234,000.00 | 1,428,758,000.00 | 970,073,000.00 | 1,146,725,000.00 |
| Current Contract Liabilities | 438,910,000.00 | 550,877,000.00 | 1,129,571,000.00 | 1,490,085,000.00 |
| Other Current Financial Liabilities | 0.00 | 11,688,000.00 | 150,620,000.00 | 8,540,000.00 |
| Current Liabilities Other Than Liabilities Included In Disposal Groups Classified As Held For Sale | 3,370,270,000.00 | 3,490,888,000.00 | 4,721,784,000.00 | N/A |
| Liabilities Included In Disposal Groups Classified As Held For Sale | 0.00 | 0.00 | 0.00 | N/A |
| Current Recognised Liabilities Defined Benefit Plan | N/A | N/A | 0.00 | 64,803,000.00 |
| Current Derivative Financial Liabilities | N/A | N/A | 0.00 | 11,732,000.00 |
| Current Dividend Payables | 13,000.00 | 12,000.00 | 0.00 | N/A |
| Current Accrued Expenses And Other Current Liabilities | 718,180,000.00 | 811,588,000.00 | 1,677,820,000.00 | 1,983,756,000.00 |
| Line item in (eur) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
|---|---|---|---|
| Revenue | 4,649,444,000.00 | 5,706,391,000.00 | 11,253,107,000.00 |
| Revenue From Sale Of Natural Gas | 472,000.00 | 1,161,000.00 | 4,920,000.00 |
| Revenue From Sale Of Electricity | 3,947,327,000.00 | 5,015,668,000.00 | 10,712,719,000.00 |
| Other Revenue | 701,645,000.00 | 689,562,000.00 | 535,468,000.00 |
| Raw Materials And Consumables Used | 110,923,000.00 | 121,643,000.00 | 121,547,000.00 |
| Cost Of Purchased Energy Sold | 1,117,863,000.00 | 1,286,722,000.00 | 4,720,240,000.00 |
| Professional Fees Expense | 113,260,000.00 | 141,812,000.00 | 184,403,000.00 |
| Energy Transmission Charges | 135,836,000.00 | 129,257,000.00 | 143,321,000.00 |
| Employee Benefits Expense | 713,609,000.00 | 730,371,000.00 | 768,554,000.00 |
| Depreciation And Amortisation Expense | 744,045,000.00 | 666,248,000.00 | 640,380,000.00 |
| Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | -125,319,000.00 | 107,575,000.00 | -197,675,000.00 |
| Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | -125,319,000.00 | 107,575,000.00 | -197,675,000.00 |
| Other Expense By Nature | N/A | 0.00 | 245,322,000.00 |
| Finance Income | 60,108,000.00 | 59,294,000.00 | 55,464,000.00 |
| Finance Costs | 198,233,000.00 | 259,541,000.00 | 344,451,000.00 |
| Impairment Loss Impairment Gain And Reversal Of Impairment Loss Determined In Accordance With I F R S9 | 61,946,000.00 | -59,740,000.00 | 207,526,000.00 |
| Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method | N/A | 4,350,000.00 | 61,677,000.00 |
| Profit Loss Before Tax | 46,278,000.00 | -149,822,000.00 | -25,996,000.00 |
| Income Tax Expense Continuing Operations | 26,797,000.00 | -131,452,000.00 | -17,081,000.00 |
| Profit Loss From Continuing Operations | N/A | -149,822,000.00 | -25,996,000.00 |
| Profit Loss From Discontinued Operations | N/A | 0.00 | 0.00 |
| Profit (loss) | 19,481,000.00 | -18,370,000.00 | -8,915,000.00 |
| Profit Loss Attributable To Owners Of Parent | 19,441,000.00 | -18,404,000.00 | -19,003,000.00 |
| Profit Loss Attributable To Noncontrolling Interests | 40,000.00 | 34,000.00 | 10,088,000.00 |
| Line item in (eur) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Profit (loss) | N/A | 19,481,000.00 | -18,370,000.00 | -8,915,000.00 |
| Adjustments For Finance Costs | N/A | 157,902,000.00 | 160,244,000.00 | 187,076,000.00 |
| Adjustments For Decrease Increase In Inventories | N/A | 7,134,000.00 | -5,311,000.00 | -205,102,000.00 |
| Adjustments For Decrease Increase In Other Operating Receivables | N/A | 12,539,000.00 | -830,768,000.00 | -141,770,000.00 |
| Adjustments For Increase Decrease In Trade Account Payable | N/A | -248,788,000.00 | -319,754,000.00 | 33,670,000.00 |
| Adjustments For Depreciation And Amortisation Expense | N/A | 741,041,000.00 | 662,273,000.00 | 619,883,000.00 |
| Adjustments For Provisions | N/A | 102,548,000.00 | 5,038,000.00 | 179,343,000.00 |
| Adjustments For Unrealised Foreign Exchange Losses Gains | N/A | 835,000.00 | -1,159,000.00 | -7,273,000.00 |
| Adjustments For Undistributed Profits Of Associates | N/A | 2,423,000.00 | 4,350,000.00 | 61,677,000.00 |
| Other Adjustments For Noncash Items | N/A | 7,074,000.00 | -4,536,000.00 | -5,775,000.00 |
| Income Taxes Paid Refund Classified As Operating Activities | N/A | 0.00 | -100,261,000.00 | 72,302,000.00 |
| Cash Flows From Used In Operating Activities | N/A | 884,372,000.00 | 631,756,000.00 | 151,035,000.00 |
| Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities | N/A | N/A | 0.00 | 57,191,000.00 |
| Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities | N/A | 0.00 | 40,637,000.00 | 17,958,000.00 |
| Proceeds From Government Grants Classified As Investing Activities | N/A | N/A | 0.00 | 58,336,000.00 |
| Other Inflows Outflows Of Cash Classified As Investing Activities | N/A | 2,301,000.00 | -4,759,000.00 | 0.00 |
| Cash Flows From Used In Investing Activities | N/A | -278,905,000.00 | -342,679,000.00 | -623,251,000.00 |
| Payments Of Lease Liabilities Classified As Financing Activities | N/A | 23,825,000.00 | 22,711,000.00 | 39,122,000.00 |
| Dividends Paid Classified As Financing Activities | N/A | 1,000.00 | 12,000.00 | 41,650,000.00 |
| Other Inflows Outflows Of Cash Classified As Financing Activities | N/A | N/A | 0.00 | -40,683,000.00 |
| Cash Flows From Used In Financing Activities | N/A | -76,744,000.00 | 1,727,634,000.00 | 799,349,000.00 |
| Increase (decrease) in cash and cash equivalents after effect of exchange rate changes | N/A | 528,723,000.00 | 2,016,711,000.00 | 327,133,000.00 |
| Cash and cash equivalents | 286,917,000.00 | 815,640,000.00 | 2,832,351,000.00 | 3,159,484,000.00 |
Please note that some sums might not add up.
GRS434003000
LEI213800T9Y5XCOVRZ4Y57
SectorATHEX Composite
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