Key financial information

Content

Consolidated Financial Statements

(in 000 EUR)

  31/03/2020 31/03/2019 31/03/2018 31/03/2017 31/03/2016
Equity 1 104 924 1 321 252 1 274 252 1 233 177 1 167 887
Portfolio 1 016 984 1 081 826 960 369 963 585 1 013 894
Cash and cash equivalents 368 041 276 699 380 452 313 906 192 774
Balance sheet total 1 399 429 1 371 319 1 356 502 1 315 260 1 230 329
Net profit -151 573 112 079 107 064 131 853 137 175
Total gross dividend *1 63 567 63 567 63 567 63 567 62 295
Investments (own balance sheet) 204 885 189 008 246 209 179 628 130 220
Divestments (own balance sheet) 179 404 196 205 371 145 394 346 227 168
Number of employees 91 91 92 93 95

Key figures per share

  31/03/2020 31/03/2019 31/03/2018 31/03/2017 31/03/2016
Equity 43.5 52.0 50.1 48.5 45.9
Net profit -5.96 4.41 4.21 5.19 5.39
Gross dividend2.45 2.50 2.50 2.50 2.50 2.45
Share price (on the closing date of the financial year) 47.55 50.00 49.15 52.31 48.50
Total numbers of shares 25 426 672 25 426 672 25 426 672 25 426 672 25 426 672

Financial ratios

  31/03/2020 31/03/2019 31/03/2018 31/03/2017 31/03/2016
Pay-out ratio -41.9% 56.7% 59.4% 48.2% 45.4%
Net return on equity -11.5% 8.8% 8.5% 11.0% 12.6%
Gross return on portfolio *1 -10.3% 16.2% 15.6% 18.8% 20.1%
Premium (+) / discount (-) on equity 9.3% -3.8% -1.9% 7.9% 5.6%

*1 Realised capital gains + unrealised capital gains on financial fixed assets + dividends + interests / portfolio at start of financial year

Comments for the reader: the decimal character is a full stop; thousands are separated by a space.

Dividend

The General Meeting of 24 June 2020 has decided to pay a gross dividend of EUR 2.50 (EUR 1.75) per share for the financial year 2019-2020. This evolution is consistent with Gimv's dividend policy of not lowering the dividend, except in exceptional circumstances, and to increase it whenever sustainably possible.
 

Graph Dividend history 1998-2020_EN

Optional dividend 2020

On 24-06-2020 the GM accepted the proposal from the Gimv’s Board of Directors to pay a gross dividend of EUR 2.50 (EUR 1.75 net) per share for the 2019-2020 financial year in the form of an optional dividend. As from 1 July 2020, shareholders will have the option to contribute their dividend to Gimv’s capital.

  • Outcome of the optional dividend for the financial year 2019-2020 (press release EN)
  • Modalities of the optional dividend for the financial year 2019-2020 (press release NL/FR)
  • Information note optional dividend 2019-2020 (NL/FR)
  • Statutory auditor's report on the optional dividend (NL)
  • Gimv special report of the board of directors - in-kind contribution (optional dividend) (NL)

Dividend history

Download Gimv dividend history

Financial year Coupon number Gross dividend Ex-coupon Record date Payment date
2019-2020 27 2.50 29/06/2020 30/06/2020 28/07/2020
2018-2019 26 2.50 01/07/2019 02/07/2019 03/07/2019
2017-2018 25 2.50 02/07/2018 03/07/2018 04/07/2018
2016-2017 24 2.50 03/07/2017 04/07/2017 05/07/2017
2015-2016 23 2.45 03/07/2016 04/07/2016 06/07/2016
2014-2015 22 2.45 29/06/2015 30/06/2015 01/07/2015
2013-2014 21 2.45 27/06/2014 01/07/2014 01/08/2014
2012-2013 20 2.45 28/06/2013 02/07/2013 02/08/2013
2011-2012 19 2.45 29/06/2012 03/07/2012 03/08/2012
2010-2011 18 2.45 04/07/2011 06/07/2011 07/07/2011
2009-2010 17 2.40 05/07/2010 07/07/2010 08/07/2010
2008-2009 16 2.36 26/06/2009 30/06/2009 01/07/2009
2007-2008 15 2.36 27/06/2008 30/06/2008 03/07/2008
2006-2007 14 2.00     06/12/2007
2006-2007 13 2.85     02/07/2007
2005-2006 12 1.33     06/12/2006
2005-2006 11 2.20     06/06/2006
2004-2005 10 1.33     15/11/2005
2004-2005 9 1.65     31/05/2005
2003-2004 8 0.74     29/10/2004
2003-2004 7 0.74     01/06/2004
2002-2003 6 0.70     03/06/2003
2001-2002 5 1.40     31/05/2002
2000-2001 4 1.34     01/06/2001
1999-2000 3 1.26     13/06/2000
1998-1999 2 1.19     11/06/1999
1997-1998 1 1.12     11/06/1998