CHAPTER 1 Cepsa at a glance
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1 The 2018 figures do not include the production of SARB and Umm LuLu as it is production prior to the reception of the facilities. 2 Includes taxes charged on sales.
1.2 CEPSA IN NUMBERS
FINANCIAL DATA BY BUSINESS
Results (Millions of euros) 2019 2018 2017
Revenue 1 21,158 22,079 18,212
Adjusted operating Profit (Losses) 2,058 1,762 1,874
Adjusted net attributable profit 610 754 884
Net attributable profit (IFRS)2 820 830 743
Financial data (Millions of euros) 2019 2018 2017
Share capital 268 268 268
Equity attributable to the Parent Company 5,201 5,436 4,916
Net financial debt 3 2,746 3,089 1,722
Investments during the year 4 924 2,255 888
Investment in social actions 4.9 5.2 4.5
Adjusted EBITDA (Millions of euros) 2019 2018 2017
Exploration & Production 963 649 497
Refining 433 578 874
Chemicals 246 243 239
Distribution & Marketing 463 344 314
Net turnover (Millions of euros) 2019 2018 2017
Exploration & Production1 1,249 922 589
Refining 4,978 5,517 4,051
Chemicals 2,407 2,647 2,458
Distribution & Marketing2 15,219 15,621 13,672
Investments (Millions of euros) 2019 2018 2017
Exploration & Production 212 1,659 170
Refining 469 392 302
Chemicals 109 80 116
Distribution & Marketing 107 101 284
Operational data 2019 2018 2017
Crude oil output (working interest) (thousand barrels/day) 92.6 83.4 92.1
Crude oil sales (millions of barrels) 20.8 14.2 13.5
Crude oil distilled (barrels/day) 431,191 440,703 423,906
Product sales (millions of tonnes) 32.1 31.4 28.9
Electricity output (GWh) 3,587 2,242 2,809
Natural gas sales (GWh) 33,176 30,003 27,972
1 Excluded Special Tax. 2 International Financial Reporting Standard. 3 Excludes the impact of IFRS 16 of 761 million euros. 4 It includes the investments made in Exploration and Production, Refining (Refining, G&P and Trading), Chemicals, Marketing and Distribution and Corporation.