Key financial information

Consolidated Financial Statements

(in 000 EUR)

	31/03/2021	31/03/2020	31/03/2019	31/03/2018	31/03/2017
Equity	1 274 280	1 104 924	1 321 252	1 274 252	1 233 177
Portfolio	1 232 929	1 016 984	1 081 826	960 369	963 585
Cash and cash equivalents	517 480	368 041	276 699	380 452	313 906
Balance sheet total	1 762 984	1 399 429	1 371 319	1 356 502	1 315 260
Net profit	205 724	-151 573	112 079	107 064	131 853
Total gross dividend *1	63 567	63 567	63 567	63 567	63 567
Investments (own balance sheet)	211 129	204 885	189 008	246 209	179 628
Divestments (own balance sheet)	265 510	179 404	196 205	371 145	394 346
Number of employees	89	91	91	92	93

Key figures per share

	31/03/2021	31/03/2020	31/03/2019	31/03/2018	31/03/2017
Equity	49.0	43.5	52.0	50.1	48.5
Net profit	7.96	-5.96	4.41	4.21	5.19
Gross dividend2.45	2.50	2.50	2.50	2.50	2.50
Share price (on the closing date of the financial year)	51.00	47.55	50.00	49.15	52.31
Total numbers of shares	25 841 318	25 426 672	25 426 672	25 426 672	25 426 672

Financial ratios

	31/03/2021	31/03/2020	31/03/2019	31/03/2018	31/03/2017
Pay-out ratio	30.9%	-41.9%	56.7%	59.4%	48.2%
Net return on equity	18.6%	-11.5%	8.8%	8.5%	11.0%
Gross return on portfolio *1	27.0%	-10.3%	16.2%	15.6%	18.8%
Premium (+) / discount (-) on equity	4.1%	9.3%	-3.8%	-1.9%	7.9%

*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 30June 2021 has decided to pay a gross dividend of EUR 2.50 (EUR 1.75) per share for the financial year 2020-2021. 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.

Optional dividend 2021

On 30-06-2021 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 2020-2021 financial year in the form of an optional dividend. As from 7 July 2021, shareholders will have the option to contribute their dividend to Gimv’s capital.

Outcome of the optional dividend for the financial year 2020-2021 (press release EN)
Modalities of the optional dividend for the financial year 2020-2021 (press release NL/FR)
Information note optional dividend 2020-2021 (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
2020-2021	28	2.50	05/07/2021	06/07/2021	30/07/2021
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