Central European Media Enterprises Ltd. (CETV) financial statements (2022 and earlier)
Company profile
| Business Address |
C/O CME MEDIA SERVICES LIMITED PRAGUE 5, 152 00 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| SIC | 4833 - Television Broadcasting Stations (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 6/30/2020 Q2 | 3/31/2020 Q1 | 12/31/2019 Q4 | 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 176 | 140 | 34 | 75 | 80 | |||
| Cash and cash equivalents | 176 | 140 | 34 | 75 | 80 | |||
| Receivables | 132 | 140 | 131 | 176 | 154 | |||
| Other current assets | 33 | 37 | 41 | 33 | 35 | |||
| Other undisclosed current assets | 73 | 78 | 75 | |||||
| Total current assets: | 341 | 317 | 280 | 361 | 343 | |||
| Noncurrent Assets | ||||||||
| Property, plant and equipment | 102 | 104 | 105 | 111 | 110 | |||
| Intangible assets, net (including goodwill) | 760 | 734 | 765 | 809 | 792 | |||
| Goodwill | 639 | 616 | 640 | 677 | 660 | |||
| Intangible assets, net (excluding goodwill) | 121 | 119 | 124 | 132 | 132 | |||
| Other noncurrent assets | 21 | 21 | 21 | 23 | 24 | |||
| Other undisclosed noncurrent assets | 238 | 234 | 169 | 165 | 176 | |||
| Total noncurrent assets: | 1,122 | 1,094 | 1,060 | 1,108 | 1,103 | |||
| TOTAL ASSETS: | 1,463 | 1,411 | 1,339 | 1,469 | 1,446 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities, including: | 131 | 149 | 115 | 131 | 127 | |||
| Accounts payable | 47 | 56 | 54 | 56 | 53 | |||
| Accrued liabilities | 5 | 5 | 3 | 4 | 1 | |||
| Employee-related liabilities | 23 | 21 | 17 | 15 | 12 | |||
| Taxes payable | 11 | 12 | 7 | 8 | 11 | |||
| Interest and dividends payable | 2 | 2 | 2 | 2 | 2 | |||
| Other undisclosed accounts payable and accrued liabilities | 42 | 53 | 32 | 45 | 47 | |||
| Debt | 7 | 7 | 6 | 6 | 6 | |||
| Other liabilities | 29 | 34 | 24 | 33 | 38 | |||
| Total current liabilities: | 167 | 189 | 145 | 169 | 171 | |||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation, including: | 597 | 585 | 581 | 664 | 701 | |||
| Finance lease, liability | 8 | 8 | 9 | |||||
| Operating lease, liability | 8 | 8 | ||||||
| Other undisclosed long-term debt and lease obligation | 589 | 569 | 565 | 664 | 701 | |||
| Liabilities, other than long-term debt | 80 | 77 | 78 | 82 | 82 | |||
| Other liabilities | 80 | 77 | 78 | 82 | 82 | |||
| Total noncurrent liabilities: | 677 | 661 | 659 | 746 | 782 | |||
| Total liabilities: | 844 | 851 | 805 | 916 | 954 | |||
| Temporary equity, carrying amount | 269 | 269 | 269 | 269 | 269 | |||
| Stockholders' equity | ||||||||
| Stockholders' equity attributable to parent, including: | 348 | 291 | 265 | 283 | 222 | |||
| Additional paid in capital | 2,009 | 2,008 | 2,006 | 2,005 | 2,004 | |||
| Accumulated other comprehensive loss | (262) | (288) | (253) | (220) | (236) | |||
| Accumulated deficit | (1,419) | (1,450) | (1,509) | (1,522) | (1,566) | |||
| Other undisclosed stockholders' equity attributable to parent | 20 | 20 | 20 | 20 | 20 | |||
| Stockholders' equity attributable to noncontrolling interest | 0 | 1 | 1 | 0 | 0 | |||
| Total stockholders' equity: | 349 | 291 | 265 | 284 | 223 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,463 | 1,411 | 1,339 | 1,469 | 1,446 | |||
Income statement (P&L) ($ in millions)
| 6/30/2020 Q2 | 3/31/2020 Q1 | 12/31/2019 Q4 | 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 136 | 144 | (469) | 139 | 184 | 147 | |
| Cost of revenue | (66) | (89) | (83) | (94) | (94) | ||
| Cost of goods and services sold | (10) | (10) | (8) | (8) | (8) | ||
| Other cost of operating revenue | (13) | (14) | |||||
| Gross profit: | 69 | 55 | 56 | 89 | 53 | ||
| Operating expenses | (25) | (29) | (26) | (29) | (25) | ||
| Operating income: | 44 | 26 | 31 | 60 | 28 | ||
| Nonoperating income (expense) | 0 | (6) | (4) | 2 | (3) | ||
| Investment income, nonoperating | 0 | 0 | (0) | 0 | 0 | ||
| Foreign currency transaction gain (loss), before tax | 0 | (6) | (4) | 2 | (3) | ||
| Other nonoperating income | 0 | 0 | 0 | 0 | 0 | ||
| Interest and debt expense | (6) | (7) | (8) | (8) | (8) | ||
| Income from continuing operations before income taxes: | 39 | 13 | 19 | 55 | 16 | ||
| Income tax expense | (8) | (4) | (5) | (11) | (5) | ||
| Net income: | 31 | 9 | 14 | 44 | 12 | ||
| Net income (loss) attributable to noncontrolling interest | 0 | 0 | 0 | (0) | 0 | ||
| Net income attributable to parent: | 31 | 9 | 14 | 44 | 12 | ||
| Undistributed earnings (loss) allocated to participating securities, basic | (9) | (3) | (4) | (13) | (3) | ||
| Net income available to common stockholders, basic: | 22 | 6 | 10 | 31 | 8 | ||
| Other undisclosed net income available to common stockholders, diluted | 0 | 0 | 0 | 0 | 0 | ||
| Net income available to common stockholders, diluted: | 22 | 6 | 10 | 31 | 8 | ||
Comprehensive Income ($ in millions)
| 6/30/2020 Q2 | 3/31/2020 Q1 | 12/31/2019 Q4 | 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | ||
|---|---|---|---|---|---|---|---|
| Net income: | 31 | 9 | 14 | 44 | 12 | ||
| Other comprehensive loss | (19) | ||||||
| Other undisclosed comprehensive income (loss) | 26 | (61) | (33) | 16 | 0 | ||
| Comprehensive income (loss): | 57 | (52) | (19) | 60 | (7) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 0 | (0) | (0) | (0) | (0) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 57 | (52) | (19) | 60 | (8) | ||
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.