polyczyno_poland_upper

Annual key figures 2013 – 2017

EUR´000

2017

2016

2015

2014*

2013

Revenue 56,443 46,586 47,321 50,819 59,080
Gross profit 26,908 20,534 18,894 17,996 21,486
EBITDA** 39,308 30,411 29,341 32,249 32,761
Gain from a bargain purchase - 3,722 -  - -
Earnings before interest and tax (EBIT) before impairment 23,023 17,667 12,121 9,642 12,861
Net financials -11,184 -8,522 -10,205 -11,645 -10,843
Profit/loss for the year from continuing operations 8.808 11,399 4,292 -19,741 -
Profit/loss for the year from discontinuing operations - -5,864 -2,948 -4,650 -
Profit/loss for the year 8,808 5,535 1,344 -24,391 1,398
Comprehensive income for the year 13,164 6,590 2,590 -31,216 8,599
Non-current assets 335,924 366,550 350,334 372,293 413,640
Current assets 77,546 57,014 53,134 66,845 67,891
Assets classified as held for sale and dicontinued operations 8,975 2,218 10,941 900 771
Total assets 422,445 425,782 414,409 440,038 482,302
Share capital 71,623 71,623 71,623 71,623 71,623
Equity 209,358 198,421 191,831 189,441 220,705
Non-current liabilities 180,842 152,796 152,527 173,002 219,399
Current liabilities 31,557 72,347 66,995 77,595 42,198
Liabilities classified as held for sale and discontinued operations 688 2,218 3,056 - -
Net working capital (NWC) 16,367 14,392 12,784 15,071 20,030
Cash flow from operating activities 23,834 16,155 12,135 18,309 16,028
Cash flow from investing activities 6,891 3,160 2,917 -1,680 -18,461
Of which investment in property, plant and equipment 170 -1,312 -1,070 -1,409 -21,651
Cash flow from financing activities -11,275 -13,724 -17,010 -17,626 -1,254
Cash flow from continuing operations 19,450 7,108 1,312 -974 -
Cash flow from discontinuing operations - -1,517 -3,270 -23 -
Total cash flows 19,450 5,591 -1,958 -997 -3,687
Key figures
Gross margin before impairment 47.7% 44.1% 39.9% 35.4% 36.4%
EBITDA margin** 69.6% 65.3% 62.0% 63.5% 55.5%
EBIT margin*** 40.8% 37.9% 25.6% 19.0% 21.8%
Equity ratio 49.6% 46.1% 46.3% 43.1% 45.8%
Return on invested capital (ROIC) 6.7% 6.3% 5.0% -1.4% 3.1%
Return on equity 4.3% 2.8% 0.7% -11.9% 0.6%
Gearing ratio 0.6 0.8 0.8 0.9 0.8
Average number of shares, 1,000 shares 101,367 101,367 101,367 101,394 101,404
Number of shares at the end of the period, 1,000 shares 101,367 101,367 101,367 101,367 101,404
Earnings per share (EPS Basic), EUR from continuing operations 0.09 0.11 0.04 -0.19 -
Earnings per share (EPS Basic), EUR after discontinued operations 0.09 0.05 0.01 -0.24 0.01
Net asset value per share, EUR 2.07 1.96 1.89 1.87 2.18
Price/net asset value 0.55 0.45 0.46 0.52 0.72
Actual price earnings (P/E Basic) 13.14 16.08 66.23 neg. 113.88
Dividend per share 0.02 - - - -
Payout ratio (%) 40% - - - -
Market price, year end, EUR 1.14 0.88 0.88 0.98 1.57
Average number of employees**** 32 52 65 78 79

* Restated due to IFRS 5 – Discontinued operations (Income statement and Cash flow).
** Operation profit/loss before impairment excluding depreciations (Note 5) and income from investments in Joint Ventures.
*** Before impairment and Special Items.
**** 2016: Average number of employees excluding Discontinued operations is 34.5.