polyczyno_poland_upper

Quarterly key figures 2014

EUR’000

Q1

H1

 Q1-Q3 2014
Revenue

14,409

28,929

42,264 55,547
Gross profit

5,676

10,465

14,755  18,211
EBITDA before impairment*

8,397

16,348

 23,188  30,897
Earnings before impairment, interest and tax

3,239

5,308

 6,414  8,010
Net financials

-2,986

-5,838

-9,050  -11,977
Profit/loss for the period

32

-715

 -18,451  -24,391
Comprehensive income for the period

-1,894

-5,463

-24,679 -31,216
* Adjusted for non-recurring costs
Non-current assets

408,715

403,678

382,513 372,293
Current assets

70,293

67,146

 69,350  66,845
Assets classified as held for sale

 797

846

 924  900
Total assets

479,805

471,670

 452,787  440,038
Share capital

71,623

71,623

 71,623 71,623
Equity

218,811

215,242

195,978  189,441
Non-current liabilities

200,662

197,384

 191,836 173,002
Current liabilities

60,332

59,044

 64,973  77,595
Net working capital (NWC)

27,013

22,577

 20,584  15,071
Cash flow from operating activities

-639

6,459

14,699  18,309
Cash flow from investing activities

-330

-652

 -494  -1,680
Of which investment in property, plant and equipment

-336

-1,421

 -1,299  -2,441
Cash flow from financing activities

-2,710

-7,244

 -11,318  -17,626
Total cash flows

-3,679

-1,437

 2,887  -997
Gross margin

39.4%

36.2%

34.9% 32.8%
EBITDA margin

58.3%

56.5%

 54.9%  55.6%
EBIT margin before impairment

22.5%

18.3%

 15.2%  14.4%
Equity ratio

45.6%

45.6%

43.4%  43.1%
Return on invested capital (ROIC)

0.8%

1.3%

 1.6%  -2.3%
Return on equity

0.0%

-0.3%

 -8.9%  -11.9%
Gearing ratio

0.9

0.8

 0.9  0.9
* Adjusted for non-recurring costs
Average number of shares, 1,000 shares

101,405

101,405

 101,403  101,394
Number of shares at the end of the period, 1,000 shares

101,405

101,405

101,367  101,367
Earnings per share (EPS basic), EUR

0.00

-0.01

 -0.18  -0.24
Net asset value per share, EUR

2.16

2.13

 1.94  1.87
Price/net asset value

0.78

0.77

0.69  0.52
Actual price earnings (P/E basic)

5,348.06

-232.07

 -7.36  neg.
Dividend per share

0.00

0.00

 0.00  0.00
Payout ratio (%)

0%

0%

 0%  0%
Market price, end of period, EUR

1.69

1.64

 1.34  0.98
Average number of employees

78

78

 78  78
*Excluding Special Items