Integer pl : Condensed separate financial statements for first half of 2013 of the company Integer.pl SA

Condensed separate financial statements for first half of 2013 of the company Integer.pl SA -Krakow, 29 August 2013- CONTENTS:

Condensed separate financial statements of Integer.pl SA for FIRST HALF OF 2013

CONDENSED SEPARATE STATEMENT OF COMPREHENSIVE INCOME 3

CONDENSED SEPARATE STATEMENT OF FINANCIAL POSITION 4

CONDENSED SEPARATE STATEMENT OF CASH FLOWS 5

CONDENSED SEPARATE STATEMENT OF CHANGES IN EQUITY 7

NOTES TO FINANCIAL STATEMENTS 8

1. General information 8

2. The Management Board of the parent company Integer.pl SA 9

3. Statement of compliance and basis of preparation of the financial statements 9

4. Significant events in the period of the first half of 2013 12

5. Increase in the Issuer's share capital 12

6. Purchase of a licence from Deutsche Post AG 12

4.3 Increase in share capital of the Issuer's subsidiary 13

1. Filing a petition for bankruptcy of a Subsidiary 14

2. Signing an agreement for the sale of electronics 14

1. Revenues and expenses 15

2. Revenues from sales 15

3. Operating expenses 15

4. Financial expenses 15

5. Property, plant and equipment and intangible assets 15

6. Investments in subsidiaries 16

7. Long-term and short-term financial assets 16

8. Deferred tax assets 16

9. Inventories 16

10. Trade and other receivables 16

11. Share capital and supplementary capital/other reserve capitals 16

12. Long-and short-term financial liabilities 18

13. Long-and short-term liabilities under borrowings and bonds 18

14. Provisions and deferred income 19

15. Sureties granted 19

16. Guarantees 19

17. Court proceedings 19

18. Related parties 19

19. Remuneration of the Company's senior executives 21

20. Employment structure 22

21. Events after the reporting period 22

CONDENSED SEPARATE STATEMENT OF COMPREHENSIVE INCOME

(in PLN '000)

Note	01.01.2013 30.06.2013	01.01.2012 30.06.2012
Revenues from sales	5.1	117,584	21,182
Other operating revenues	2,569	1,623
Amortisation and depreciation	6	6,150	4,933
Materials and energy consumption	12,900	472
Outsourced services	17,440	9,832
Taxes and fees	110	120
Salaries	2,528	1,779
Social security and other benefits	450	315
Other expenses by type	721	555
Value of goods and materials sold	64,391	9,185
Other operating expenses	470	133
Total operating expenses	5.2	105,160	27,324
Operating profit (loss)	14,993	(4,519)
Financial revenues	5,084	24,464
Financial expenses	5.3	7,521	3,312
Profit (loss) before tax	12,566	16,633
Income tax	2,224	(945)
Net profit (loss) from continuing operations	10,332	17,578
Net profit (loss) from discontinued operations
Net profit (loss)	10,332	17,578
Other comprehensive income
Other comprehensive income after tax
Total comprehensive income	10,332	17,578
Earnings per share
Basic	1.63	2.96
Diluted	1.63	2.57

CONDENSED SEPARATE STATEMENT OF FINANCIAL POSITION

(in PLN '000)

ASSETS	Note	As at 30.06.2013	As at 31.12.2012
Fixed assets	322,657	244,722
Other intangible assets	29,000	14,051
Tangible fixed assets	65,927	69,182
Investments in subsidiaries	7	195,219	136,553
Other long-term financial assets	8	28,880	23,295
Deferred tax assets	9	2,772	1,604
Other fixed assets	859	37
Current assets	322,762	128,746
Inventories	10	24,946	19,495
Other financial assets	25,914	25,174
Trade and other receivables	11	220,405	75,632
Income tax receivables	1,837
Other current assets	177	142
Cash and cash equivalents	51,320	6,466
Total assets	645,419	373,468
EQUITY AND LIABILITIES	Note	As at 30.06.2013	As at 31.12.2012
Share capital	12	6,828	6,239
Supplementary capital	301,196	105,654
Retained earnings	10,762	52,138
Total equity	318,786	164,031
Long-term borrowings (bank credits and loans)	14	52,731	14,094
Bonds	14	38,407	47,258
Other financial liabilities	6,144	8,179
Government subsidies	18,296	20,660
Other long-term provisions and deferred income	15	228	340
Total long-term liabilities	115,806	70,172
Financial liabilities	13	2,659	3,760
Trade and other payables.	148,718	90,597
Short-term borrowings (bank credits and loans)	14	3,970	9,984
Current tax liabilities	874	0
Bonds	14	41,002	9,686
Government subsidies	3,193	2,671
Short-term provisions and deferred income	15	10,411	2,208
Total short-term liabilities	210,827	118,906
Total liabilities	326,633	209,437
Total equity and liabilities	645,419	373,468