Below are the financial statements of Covivio Hotels, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
All figures in millions of EUR | 2024 | 2023 |
---|---|---|
Sold production [rents] | 67.67a | 65.96a |
Net revenue | 67.67a | 65.96a |
Reversals of provisions, impairment, transfers of charges | 8.69a | 2a |
Other income | 0.16a | 0.35a |
Total operating income | 76.52a | 68.31a |
Other purchases and external charges | -24.88a | -13.73a |
Taxes and similar payments | -4.57a | -4.6a |
Wages and salaries | -2.52a | -2.51a |
Social security charges | -1.1a | -1.1a |
Depreciation, impairment and provisions | — | — |
On fixed assets: depreciation expense | -15.98a | -15.95a |
On fixed assets: impairment expense | -2.29a | -2.26a |
On current assets: impairment expense | -0.11a | -1.34a |
Provisions for risks and charges: additions to provisions | -0.51a | -0.06a |
Other expenses | -2.19a | -2.43a |
Total operating expenses | -54.15a | -43.97a |
Operating income | 22.37a | 24.34a |
Share of result on joint operations | — | — |
Profit or loss transferred | 0a | 0a |
Loss or profit transferred | 0a | 0a |
Financial income | — | — |
From equity investments (dividends) | 158.29a | 102.23a |
From other securities and non-current receivables | 47.32a | 43.54a |
Other interest and similar income | 84.73a | 58.68a |
Reversals of provisions, impairment, transfers of charges | 53.78a | 2.3a |
Foreign exchange gains | 0.78a | 9.7a |
Net income on disposals of marketable securities | 0a | 0.26a |
Total financial income | 344.9a | 216.72a |
Financial expenses | — | — |
Depreciation, impairment and provisions expense | -80.87a | -112.79a |
Interest and similar expenses | -140.21a | -115.96a |
Foreign exchange losses | -6.8a | -0.22a |
Net expenses on disposals of marketable securities | 0a | 0a |
Total financial expenses | -227.88a | -228.97a |
Financial result | 117.02a | -12.25a |
Current result before tax | 139.39a | 12.09a |
Exceptional income | — | — |
On operating transactions | 0a | 4.21a |
On capital transactions | 314.21a | 9.78a |
Reversals of provisions, impairment, transfers of charges | 2.15a | 0.12a |
Total exceptional income | 316.36a | 14.11a |
Exceptional expenses | — | — |
On operating transactions | 0a | -0.07a |
On capital transactions | -167.8a | -4.42a |
Depreciation, impairment and provisions expense | -1.25a | -1.27a |
Total exceptional expenses | -169.05a | -5.76a |
Exceptional result | 147.3a | 8.35a |
Employee profit-sharing | 0a | 0a |
Income taxes | 0a | 0a |
Total income | 737.78a | 299.13a |
Total expenses | -451.08a | -278.69a |
Profit (+) or loss (-) | 286.69a | 20.44a |
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