Integer pl : CONDENSED CONSOLIDATED FINANCIAL STATEMENTS for Q4 2012

Condensed consolidated financial statements for Q4 2012 of Integer.pl SA Capital Group - Kraków, 28 February 2012 - CONTENTS:

CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME 3

CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION 4

CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS 5

CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY 7

1. Notes to financial statements. 8

2. General Information 8

3. Group composition 8

4. Functional currency and reporting currency. 8

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

6. Seasonal or cyclical nature of the Group's interim operations. 11

7. Events affecting the assets, liabilities, equity, net profit or loss or cash flows, which are unusual because of their nature, size or incidence 11

8. Revenues. 15

   5.1 Revenues from sales 15

9. Business segments. 15

10. Income tax. 15

11. Dividends paid and proposed 16

12. Goodwill 16

13. Tangible fixed assets and intangible assets. 16

14. Other financial assets 16

15. Deferred tax assets. 16

16. Inventories. 16

17. Trade and other receivables. 16

18. Long-term financial liabilities. 16

19. Short-term borrowings (bank credits and loans), leases and bonds 17

20. Provisions and deferred income 17

21. Contingent liabilities. 17

22. Sureties granted 17

23. Guarantees. 17

24. Court proceedings. 18

25. Related parties. 18

26. Shareholders. 19

27. Other related parties. 19

28. Remuneration of senior executives of Integer.pl SA Capital Group 19

29. Events after the balance sheet date 20

CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME

(in PLN '000)

Note	01.10.2011 31.12.2011	01.10.2012 31.12.2012	01.01.2011 31.12.2011	01.01.2012 31.12.2012
Revenues from sales	5.1	75 520	82 311	248 960	281 854
Other operating revenues	(1 728)	4 587	8 544	69 735
Amortisation and depreciation	3 981	5 741	14 373	18 860
Materials and energy consumption	1 788	8 755	5 999	21 115
External services	38 069	34 615	142 677	143 964
Taxes and fees	362	3 336	1 453	5 013
Salaries	8 838	9 201	35 319	37 410
Social security and other benefits	1 378	1 257	3 645	5 449
Other expenses by type	1 869	(90)	4 043	7 389
Value of goods and materials sold	10 651	20 281	18 840	45 746
Other operating expenses	1 048	7 319	2 717	14 875
Total operating expenses	67 984	90 415	229 066	299 821
Operating profit (loss)	5 808	(3 517)	28 438	51 768
Financial revenues	2 492	6 592	3 912	13 155
Financial expenses	3 793	8 232	8 637	20 233
Profit (loss) before tax	4 507	(5 157)	23 713	44 690
Amortisation of negative goodwill of related parties
Income tax	6	(2 099)	(4 900)	859	(4 739)
Net profit (loss) from continuing operations	6 606	(257)	22 854	49 429
Net profit (loss) from discontinued operations
Net profit (loss)	6 606	(257)	22 854	49 429
Attributable to:
Parent company shareholders	6 725	1 849	22 971	54 266
Minority shareholders	(119)	(2 106)	(117)	(4 837)
Other comprehensive income	6 606	(257)	22 854	49 429
Total comprehensive income	6 606	(257)	22 854	49 429
Earnings (loss) per share	1.11	-	3.85	8.32
Basic
Diluted

CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION

(in PLN '000)

ASSETS	Note	01.01.2011 31.12.2011	01.01.2012 31.12.2012
Fixed assets	157 398	302 901
Goodwill	9	4 830	6 054
Other intangible assets	25 463	69 456
Tangible fixed assets	10	99 630	134 214
Other intangible assets	-
Investments in subsidiaries	590	1 160
Other financial assets	11	19140	71 233
Deferred tax assets	12	5 970	13 643
Other fixed assets	1 775	7 141
Current assets	125 451	304 776
Inventories	13	8 346	23 258
Other financial assets	19 574	18 374
Trade and other receivables	14	83 218	159 399
Other current assets	6 485	3 329
Cash and cash equivalents	7 828	100 416
Total assets	282 849	607 677
EQUITY AND LIABILITIES	01.01.2011 31.12.2011	01.01.2012 31.12.2012
Equity
Share capital	5 938	6 239
Supplementary capital	67 021	128 491
Retained earnings	23 232	58 347
Non-controlling shares	92	87 302
Total equity	96 283	280 379
Long-term liabilities
Long-term borrowings (bank credits and loans), leases and bonds	43 673	57 674
Deferred income tax provision
Other long-term provisions and deferred income	17	32 559	30 002
Long-term liabilities	15	5 802	3 345
Total long-term liabilities	82 034	91 021
Short-term liabilities
Trade and other payables	44 464	147 552
Short-term borrowings (bank credits and loans), leases and bonds	16	41 047	63 290
Current tax liabilities	6 459	9 169
Short-term provisions and deferred income	12 562	16 266
Total short-term liabilities	104 532	236 277
Total liabilities	186 566	327 298
Total equity and liabilities	282 849	607 677