Friday, July 7, 2017

The 15 Largest Spanish Companies With Market Caps of at Least EUR 10 Bil 2016 Audited Total Net Profits From Continuing Operations Up a Very Robust 45% Over 2015 ...................................................................................... But on the Other Hand, Five-Year 2012-2016 Total Net Profits Were EUR 84 Bil, a Total Earnings Deterioration of EUR 59 Bil From the Five-Year 2007-2011 Total Net Profits of EUR 143 Bil

From a review of the fine Google Finance Website, company investor relations websites and the US SEC website, I found 15 Companies headquartered in Spain with Stock Market Capitalizations in mid 2015 of at least EURO 10 bil.  Utility Companies were not included.

Below here are the reported Audited Net Profits (Losses) From Continuing Operations for each of  these 15 Spanish Companies for all years reported from 2007 through 2016:

2016 2015 2014 2013 2012 2011 2010 2009 2008 2007

Most Audited Audited Audited Audited Audited Audited Audited Audited Audited Audited
Recent Net Net Net Net Net Net Net Net Net Net
Largest Spanish Companies 2016 Income Income Income Income Income Income Income Income Income Income
Market Cap at Least Euro 10 Bil FYE (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss)

mil Euros mil Euros mil Euros mil Euros mil Euros mil Euros mil Euros mil Euros mil Euros mil Euros












Banco Santander SA Dec       7,486      7,334      6,961      5,344      2,981      6,062      9,132      9,381      9,013      8,648
Bamco Bilbao Vizcaya Argentaria SA Dec       4,693      3,328      3,082         970      1,934      3,240      4,714      4,595      4,575      5,777
Inditex SA Dec       3,161      2,882      2,510      2,382      2,367      1,946      1,741      1,322      1,262      1,258
Telefonica SA Dec       2,399         751      3,252      4,969      4,403      6,187    10,072      7,937      7,826      9,119
Repsol SA Dec       1,480    (1,356)         976         851      1,965      1,768      4,947      1,732      2,837      3,355
Aena SA Dec       1,164         831         476         597         (64)       (215)       (157)       (353)       (165)         NA 
CaixaBank SA Dec       1,056         819         620         308         229      1,053      1,850      1,335      1,074      1,755
Abertis Infraestructuras SA Dec       1,011    (1,219)         785         698      1,083         775         743         684         685         756
Amadeus IT Holding SA Dec          826         686         632         563         496         454           60         255         184         202
Bankia SA Dec          802      1,061         686         288  (18,306)    (3,031)             1         NA          NA          NA 
Banco de Sabadell SA Dec          716         712         377         167           96         236         383         526         249         768
Red Electrica Corporacion SA Dec          639         607         719         530         492         460         390         330         286         243
ACS Actividades de Construccion y Servicios Dec          596         995         464      1,084    (1,512)      1,063      1,312         864      1,039         919
Grifols SA Dec          545         531         467         342         255           50         115         148         122           88
Ferrovial SA Dec          383         631         352         701         646         379    (1,725)    (1,555)         (91)         838












Total all 15
    26,957    18,593    22,359    19,794    (2,935)    20,427    33,578    27,201    28,896    33,726












Total Earnings % Change:










….. 2016 Above 2015
45%








….. 2016 Below 2008
-7%




















Five-Year Total Earnings:










….. 2012-2016
    84,768








….. 2007-2011
  143,828








………. 5 Year Earnings Deterioration
  (59,060)