Financial key figures

Profit and loss statement

Consolidated statement of profit or loss (IFRS)

EUR 1,000 2015 2014
Net sales 287,523 180,438
Other operating income 9,184 4,979
Direct costs -72,631 -44,126
Personnel expenses -24,001 -18,293
Other operating expenses -69,761 -110,685
Depreciations, amortisations
and impairment charges
-104,706 -72,675
-271,099 -245,779
Operating profit/loss 25,608 -60,362
Finance income  223  360
Finance costs -170,021  -102,241
Loss before taxes  -144,190  -162,243
Income taxes 3,797 11,223
Loss for the period -140,393 -151,020 
Attributable to:
    Equity holders of the parent -140,393  -151,020

Consolidated statement of profit and loss and other comprehensive income (IFRS)

EUR 1,000 2015 2014
Loss for the period -140,393 -151,020
 
Other comprehensive income:
Other comprehensive income to be reclassified
to profit or loss in subsequent periods:
Net movement on cash flow hedges 30,615 -32,784
Income tax effect -6,123 6,557
24,492 -26,228
Net other comprehensive income to be reclassified to profit
or loss in subsequent periods: 24,492 -26,228
Other comprehensive income not to be reclassified to profit or loss in subsequent periods:
Re-measurement gains (losses) on defined benefit plans 107 275
Income tax effect -21 -55
86 220
Net other comprehensive income not to be reclassified to profit or loss in subsequent periods 86 220
Other comprehensive income for the period, net of tax 24,577 -26,008
Total comprehensive income for the period, net of tax -115,816 -177,028
Attributable to:
Equity holders of the parent -115,816 -177,028

Financial position

Consolidated statement of financial position (IFRS)

EUR 1,000   31 Dec 2015 31 Dec 2014
Assets
Non-current assets
Goodwill 62,468 62,468
Intangible assets 1,576,499 1,572,163
Property, plant and equipment 1,907,522 1,813,070
Derivative financial instruments 1,224 756
Other non-current assets 50 50
Deferred tax assets 104 9,606
Total non-current assets 3,547,868 3,458,113
Current assets
Trade and other receivables 91,423 95,803
Derivative financial instruments 2,461 1,355
Cash and cash equivalents 63,899 55,915
Total current assets 157,783 153,073
Total assets   3,705,651 3,611,186

 

Consolidated statement of financial position (IFRS) II

EUR 1,000 31 Dec 2015 31 Dec 2014
Equity and liablilities
Share capital 3 3
Invested unrestricted equity fund 171,204 171,204
Other equity fund -1,430 -26,008
Retained earning -293,520 -151,051
Total equity -123,744 -5,852
Non-current liabilities
Interest bearing loans and borrowings 2,804,282 2,581,974
Derivative financial instruments 38,243 35,908
Deferred tax liabilities 562,438 569,385
Provisions 247 363
Net employee defined benefit liabilities 66 69
Other non-current liabilities 306,592 305,816
Total non-current liabilities 3,711,867 3,493,515
Current liabilities
Trade payables 47,174 46,207
Other payables 25,727 37,942
Derivative financial instruments 5,686 4,256
Provisions 280 1,799
Other current liabilities 38,661 33,320
Total current liabilities 117,528 123,523
Total liabilities 3,829,395 3,617,038
Total shareholders’ equity and liabilities 3,705,651 3,611,186

Cash flow statement

Consolidated statement of cash flows (IFRS)

EUR 1,000 2015 2014
Net loss for the period -140,393 -151,020
Adjustments:
Taxes -3,797 -11,223
Finance costs – net 169,798 101,881
Depreciation, amortisation
and impairment charges
104,706 72,675
270,707 163,333
Operating profit before depreciation (EBITDA) 130,314 12,313
Non-cash flow items -4,333 66
Interest paid -82,618 -52,092
Interest received 222 360
Taxes -366 2 107
-87,095 -49,559
Funds from operations 43,219 -37,246
Change in working capital:
Change in trade and other receivables 4,649 -1,674
Change in trade and other payables -8,650  8,362
Change in connection fee payables -283 -159
-4,284 6,529
Net cash flows from operating activities 38,935 -30,717
Acquisition of shares, net of cash acquired -1,000 -2,539,100
Capital expenditure -203,977 -98,846
Proceeds from sales of fixed assets 27 23
Net cash flows used in investing activities -204,950 -2,637,923
Proceeds received from share issues 171,204
Loans withdrawal 174,000 2,553,343
Net cash used in financing activities 174,000 2,724,547
 Net increase in cash and cash equivalents 7,985 55,907
Cash and cash equivalents at 1 January 55,915 8
Cash and cash equivalents at 31 December 63,899 55,915