• GRI 201-1 Direct economic value generated and distributed
  • GRI 201-2 Financial implications and other risks and opportunities due to climate change

The Annual Report 2019 provides comprehensive information on the economic performance of ProSiebenSat.1 Group. Together with the Sustainability Report, it provides an holistic overview of the Group’s corporate performance based on financial and non-financial information.

Direct Economic Value Generated and Distributed

1

Net income attributable to shareholders of ProSiebenSat.1 Media SE before the amortization and impairments from purchase price allocations, adjusted for the reconciling items. These include valuation effects recognized in other financial result, valuation effects of put-options and earn-out liabilities, as well as valuation effects from interest rate hedging transactions. Moreover, the tax effects resulting from such adjustments are also adjusted.

in EUR m

2019

2018

Revenues

4,135

4,009

Gross profit

1,757

1,440

Personnel expenses

707

679

Wages and salaries

619

600

Social security contributions and expenses for pensions and other employee benefits

87

79

Other operating expenses

–11

–14

Other operating income

35

50

Income taxes

–161

–94

Net result attributable to shareholders of ProSiebenSat.1 Media SE

413

248

Adjusted net income1

387

541

Dividend payments

-

269

Cash flow from investing activities

–1,396

–1,536

At the Annual General Meeting on June 10, 2020, the shareholders of ProSiebenSat.1 Media SE approved the proposal of the Executive Board and the Supervisory Board to carry forward all the distributable profit to the next accounting period due to the uncertain environment as a result of COVID-19 and thus to distribute no dividend for financial year 2019.

We have not identified any financial implications or other significant risks and opportunities due to climate change for our business activities at present.