YEAR HIGHLIGHTS

Annual Report


NET PROFIT IN 2016 (€ MILLION)

Solid operating leverage

KEY RATIOS BENCHMARKING

BME´s data as of 31/12/2016.
Average peer Group figures are calculated using last results published and not taking account of goodwill impairment charges.

DIVIDENDS: MAXIMIZING SHAREHOLDERS´ RETURNS

Sustainability of Pay-out:
(*) Supplementary dividend proposal: 0.80€/ share (5th May 2017)

Structural framework. Market financing

Companies market funding

INVESTMENT FLOWS CHANNELLED THROUGH EXCHANGE 2009-2016. OPERATIONS BREAKDOWN


Since 2009, €248.5 billion of financing through the market.
With the crisis, a growing number of companies have come to the market to strengthen their balance sheets, diversify funding sources and reduce debt. Since 2012, more than 125 operations per year.

Source: BME´s Research Department

Effective volume of capital increases of non-financial companies listed on the Spanish stock exchange. Period 2012-2016 (€ Million)


Increasing evolution of the diversification in the financing sources of industrial and services companies. In 2016, €14.6 billion (+ 23.6%) of market funding.

Source: BME´s Research Department

Market financing
Improvement of liquidity, size and transaction cost of SMEs promotes investment interest and trading volume

SMES TRADING VOLUME. RELATIVE WEIGHT (2012-2016)

Source: BME´s Research Department

Market financing
Alternative financing. Mercado Alternativo Bursátil (MAB)

LISTED GROWTH COMPANIES (2012-2016)

Increasing importance of the Mercado Alternativo Bursátil to facilitate the growth of innovation and the industrial base.

Source: BME´s Research Department

 

 

CAPITAL INCREASES (2012-2016)


Alternative financing. Mercado Alternativo de Renta Fija (MARF)

LISTED GROWTH COMPANIES (2012-2016)

MARF has shown its effectiveness as a gateway for companies in their access to the market and indicates BME’s committment to helping SMEs in their development

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CAPITAL INCREASES (2012-2016)

and increase in size through financing. Other initiatives in this regard are the creation of “Lanzadera PYMEs” and a pre-market environment for start-ups.

Business Areas

CONSOLIDATED NET REVENUES FY 2016 (%)

EBITDA FY 2016 (%)

Highly liquid market

Balance

Income Statement