Aareal Bank AG (ARL.DE) Financial Statements
Price: $33.1
Market Cap: $1.98B
Avg Volume: 8.17K
Market Cap: $1.98B
Avg Volume: 8.17K
Country: DE
Industry: Banks - Regional
Sector: Financial Services
Industry: Banks - Regional
Sector: Financial Services
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Aareal Bank AG.
Income Statement
| Breakdown | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 | December 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.06B | $877.00M | $800.00M | $889.00M | $859.00M | $932.00M | $1.04B | $1.05B | $914.00M | $736.00M |
| Cost of Revenue | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Gross Profit | $1.06B | $877.00M | $800.00M | $889.00M | $859.00M | $932.00M | $1.04B | $1.05B | $914.00M | $736.00M |
| Gross Profit Ratio | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $125.00M | $129.00M | $142.00M | $152.00M | $177.00M | $176.00M | $187.00M | $201.00M | $157.00M | $122.00M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $125.00M | $129.00M | $142.00M | $152.00M | $177.00M | $176.00M | $187.00M | $201.00M | $157.00M | $122.00M |
| Other Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Operating Expenses | $629.00M | $587.00M | $532.00M | $552.00M | $526.00M | $522.00M | $582.00M | $605.00M | $486.00M | $424.00M |
| Cost and Expenses | $629.00M | $587.00M | $532.00M | $552.00M | $526.00M | $522.00M | $582.00M | $605.00M | $486.00M | $424.00M |
| Interest Income | $1.20B | $790.00M | $754.00M | $933.00M | $887.00M | $744.00M | $850.00M | $1.01B | $1.01B | $848.00M |
| Interest Expense | $498.00M | $193.00M | $242.00M | $400.00M | $352.00M | $110.00M | $149.00M | $232.00M | $322.00M | $321.00M |
| Depreciation and Amortization | $59.00M | $48.00M | $45.00M | $46.00M | $16.00M | $27.00M | $38.00M | $27.00M | $21.00M | $20.00M |
| EBITDA | $- | $202.00M | $-35.00M | $292.00M | $330.00M | $349.00M | $385.00M | $478.00M | $438.00M | $199.00M |
| EBITDA Ratio | 0.00% | 23.03% | -4.38% | 32.85% | 38.42% | 37.45% | 36.84% | 45.39% | 47.92% | 27.04% |
| Operating Income | $433.00M | $154.00M | $-80.00M | $246.00M | $314.00M | $322.00M | $347.00M | $451.00M | $417.00M | $179.00M |
| Operating Income Ratio | 40.77% | 17.56% | -10.00% | 27.67% | 36.55% | 34.55% | 33.21% | 42.83% | 45.62% | 24.32% |
| Total Other Income Expenses Net | $-194.00M | $1.00M | $-343.00M | $2.00M | $2.00M | $6.00M | $19.00M | $19.00M | $19.00M | $19.00M |
| Income Before Tax | $239.00M | $155.00M | $-75.00M | $248.00M | $316.00M | $328.00M | $366.00M | $470.00M | $436.00M | $198.00M |
| Income Before Tax Ratio | 22.50% | 17.67% | -9.38% | 27.90% | 36.79% | 35.19% | 35.02% | 44.63% | 47.70% | 26.90% |
| Income Tax Expense | $86.00M | $87.00M | $-6.00M | $85.00M | $90.00M | $115.00M | $132.00M | $96.00M | $101.00M | $62.00M |
| Net Income | $153.00M | $67.00M | $-74.00M | $161.00M | $224.00M | $207.00M | $215.00M | $355.00M | $316.00M | $117.00M |
| Net Income Ratio | 14.41% | 7.64% | -9.25% | 18.11% | 26.08% | 22.21% | 20.57% | 33.71% | 34.57% | 15.90% |
| EPS | $2.32 | $0.89 | $-1.50 | $2.42 | $3.48 | $3.20 | $3.33 | $5.66 | $4.87 | $1.55 |
| EPS Diluted | $2.32 | $0.89 | $-1.50 | $2.42 | $3.48 | $3.20 | $3.33 | $5.66 | $4.87 | $1.55 |
| Weighted Average Shares Outstanding | 59.86M | 59.86M | 59.86M | 59.86M | 59.86M | 59.86M | 59.86M | 59.86M | 59.86M | 59.86M |
| Weighted Average Shares Outstanding Diluted | 59.86M | 59.86M | 59.86M | 59.86M | 59.86M | 59.86M | 59.86M | 59.86M | 59.86M | 59.86M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 | December 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $5.42B | $6.94B | $4.74B | $1.49B | $1.26B | $2.08B | $1.79B | $1.28B | $184.00M | $1.22B |
| Short Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $5.42B | $6.94B | $4.74B | $1.49B | $1.26B | $2.08B | $1.79B | $1.28B | $184.00M | $1.22B |
| Net Receivables | $956.00M | $1.28B | $1.30B | $1.61B | $1.33B | $229.00M | $954.00M | $1.02B | $1.29B | $2.05B |
| Inventory | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Current Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Current Assets | $6.38B | $8.23B | $6.05B | $3.10B | $2.59B | $2.31B | $2.74B | $2.31B | $1.48B | $3.27B |
| Property Plant Equipment Net | $235.00M | $278.00M | $289.00M | $311.00M | $260.00M | $253.00M | $252.00M | $267.00M | $96.00M | $98.00M |
| Goodwill | $378.00M | $235.00M | $102.00M | $89.00M | $85.00M | $85.00M | $76.00M | $75.00M | $66.00M | $66.00M |
| Intangible Assets | $188.00M | $159.00M | $105.00M | $86.00M | $73.00M | $68.00M | $50.00M | $51.00M | $44.00M | $41.00M |
| Goodwill and Intangible Assets | $566.00M | $394.00M | $207.00M | $175.00M | $158.00M | $153.00M | $126.00M | $126.00M | $110.00M | $107.00M |
| Long Term Investments | $9.07B | $9.10B | $10.08B | $10.06B | $11.67B | $10.80B | $12.71B | $13.64B | $15.04B | $12.81B |
| Tax Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Assets | $- | $-9.77B | $-10.57B | $-10.54B | $-12.08B | $-11.20B | $-13.09B | $-14.04B | $-15.24B | $-13.02B |
| Total Non-Current Assets | $9.87B | $9.77B | $10.57B | $10.54B | $12.08B | $11.20B | $13.09B | $14.04B | $15.24B | $13.02B |
| Other Assets | $31.08B | $30.73B | $28.86B | $27.49B | $28.01B | $28.39B | $31.88B | $35.61B | $32.84B | $26.69B |
| Total Assets | $47.33B | $48.73B | $45.48B | $41.14B | $42.69B | $41.91B | $47.71B | $51.95B | $49.56B | $42.98B |
| Account Payables | $20.00M | $19.00M | $13.00M | $20.00M | $24.00M | $18.00M | $30.00M | $16.00M | $13.00M | $9.00M |
| Short Term Debt | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Tax Payables | $99.00M | $38.00M | $55.00M | $79.00M | $57.00M | $46.00M | $88.00M | $120.00M | $141.00M | $65.00M |
| Deferred Revenue | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Current Liabilities | $-99.00M | $-38.00M | $-55.00M | $-79.00M | $-57.00M | $-46.00M | $-88.00M | $-120.00M | $-141.00M | $-65.00M |
| Total Current Liabilities | $20.00M | $19.00M | $13.00M | $20.00M | $24.00M | $18.00M | $30.00M | $16.00M | $13.00M | $9.00M |
| Long Term Debt | $26.86B | $31.29B | $29.23B | $25.58B | $27.41B | $6.69B | $8.09B | $8.86B | $9.83B | $9.10B |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Non-Current Liabilities | $26.86B | $31.29B | $29.23B | $25.58B | $27.41B | $6.69B | $8.09B | $8.86B | $9.83B | $9.10B |
| Other Liabilities | $17.20B | $14.36B | $13.27B | $12.68B | $12.32B | $32.28B | $36.46B | $40.02B | $36.99B | $31.42B |
| Total Liabilities | $44.07B | $45.67B | $42.51B | $38.28B | $39.76B | $38.98B | $44.58B | $48.90B | $46.83B | $40.53B |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $180.00M | $180.00M | $180.00M | $180.00M | $180.00M | $180.00M | $180.00M | $180.00M | $180.00M | $180.00M |
| Retained Earnings | $2.08B | $1.94B | $1.90B | $1.81B | $1.80B | $1.80B | $1.73B | $1.63B | $1.36B | $1.11B |
| Accumulated Other Comprehensive Income Loss | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Total Stockholders Equity | $933.00M | $878.00M | $824.00M | $867.00M | $949.00M | $944.00M | $973.00M | $989.00M | $944.00M | $916.00M |
| Total Stockholders Equity | $3.19B | $3.00B | $2.91B | $2.86B | $2.93B | $2.92B | $2.89B | $2.80B | $2.48B | $2.21B |
| Total Equity | $3.26B | $3.06B | $2.97B | $2.86B | $2.93B | $2.92B | $3.13B | $3.04B | $2.72B | $2.45B |
| Total Liabilities and Stockholders Equity | $47.33B | $48.73B | $45.48B | $41.14B | $42.69B | $41.91B | $47.71B | $51.95B | $49.56B | $42.98B |
| Minority Interest | $69.00M | $66.00M | $61.00M | $2.00M | $2.00M | $2.00M | $242.00M | $242.00M | $242.00M | $242.00M |
| Total Liabilities and Total Equity | $47.33B | $48.73B | $45.48B | $41.14B | $42.69B | $41.91B | $47.71B | $51.95B | $49.56B | $42.98B |
| Total Investments | $9.07B | $9.10B | $10.08B | $10.06B | $11.67B | $10.80B | $12.71B | $13.64B | $15.04B | $12.81B |
| Total Debt | $26.86B | $31.29B | $29.23B | $25.58B | $27.41B | $6.69B | $8.09B | $8.86B | $9.83B | $9.10B |
| Net Debt | $21.43B | $24.34B | $24.48B | $24.08B | $26.15B | $4.61B | $6.30B | $7.58B | $9.65B | $7.88B |
Cash Flow Statement
| Breakdown | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 | December 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $153.00M | $68.00M | $-69.00M | $163.00M | $226.00M | $213.00M | $234.00M | $374.00M | $335.00M | $136.00M |
| Depreciation and Amortization | $59.00M | $48.00M | $45.00M | $46.00M | $16.00M | $27.00M | $38.00M | $27.00M | $21.00M | $20.00M |
| Deferred Income Tax | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Stock Based Compensation | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Change in Working Capital | $-1.79B | $2.23B | $2.85B | $107.00M | $-702.00M | $452.00M | $-185.00M | $-1.27B | $-2.82B | $-3.62B |
| Accounts Receivables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Inventory | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Accounts Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Working Capital | $-1.79B | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non Cash Items | $321.00M | $280.00M | $187.00M | $169.00M | $166.00M | $-772.00M | $-297.00M | $336.00M | $428.00M | $1.00M |
| Net Cash Provided by Operating Activities | $-1.26B | $2.63B | $3.01B | $485.00M | $-294.00M | $-80.00M | $-210.00M | $-537.00M | $-2.04B | $-3.46B |
| Investments in Property Plant and Equipment | $-34.00M | $-39.00M | $-41.00M | $-33.00M | $-31.00M | $-43.00M | $-34.00M | $-35.00M | $-14.00M | $-36.00M |
| Acquisitions Net | $- | $- | $- | $- | $- | $13.00M | $8.00M | $- | $1.00M | $- |
| Purchases of Investments | $- | $-10.00M | $-4.00M | $- | $-6.00M | $-61.00M | $-168.00M | $-372.00M | $-220.00M | $-204.00M |
| Sales Maturities of Investments | $4.00M | $4.00M | $- | $1.00M | $- | $970.00M | $971.00M | $2.60B | $1.25B | $1.41B |
| Other Investing Activities | $-4.00M | $5.00M | $40.00M | $21.00M | $-42.00M | $-28.00M | $116.00M | $-337.00M | $-346.00M | $2.00M |
| Net Cash Used for Investing Activities | $-34.00M | $-40.00M | $-5.00M | $-11.00M | $-79.00M | $851.00M | $893.00M | $1.86B | $670.00M | $1.17B |
| Debt Repayment | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Dividends Paid | $-14.00M | $-38.00M | $-16.00M | $-141.00M | $-165.00M | $-135.00M | $-114.00M | $-79.00M | $-45.00M | $- |
| Other Financing Activities | $-210.00M | $-350.00M | $262.00M | $-104.00M | $-278.00M | $-341.00M | $-65.00M | $-144.00M | $372.00M | $-154.00M |
| Net Cash Used Provided by Financing Activities | $-224.00M | $-388.00M | $246.00M | $-245.00M | $-443.00M | $-476.00M | $-179.00M | $-223.00M | $327.00M | $-154.00M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $-1.52B | $2.20B | $3.25B | $229.00M | $-816.00M | $295.00M | $504.00M | $1.10B | $-1.04B | $-2.44B |
| Cash at End of Period | $5.42B | $6.94B | $4.74B | $1.49B | $1.26B | $2.08B | $1.79B | $1.28B | $184.00M | $1.22B |
| Cash at Beginning of Period | $6.94B | $4.74B | $1.49B | $1.26B | $2.08B | $1.79B | $1.28B | $184.00M | $1.22B | $3.67B |
| Operating Cash Flow | $-1.26B | $2.63B | $3.01B | $485.00M | $-294.00M | $-80.00M | $-210.00M | $-537.00M | $-2.04B | $-3.46B |
| Capital Expenditure | $-34.00M | $-39.00M | $-41.00M | $-33.00M | $-31.00M | $-43.00M | $-34.00M | $-35.00M | $-14.00M | $-36.00M |
| Free Cash Flow | $-1.29B | $2.59B | $2.97B | $452.00M | $-325.00M | $-123.00M | $-244.00M | $-572.00M | $-2.05B | $-3.50B |