Mercor Spolka Akcyjna reported consolidated and unconsolidated earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, on consolidated basis, the company reported total sales revenue of PLN 109,476,000 compared to PLN 108,510,000 a year ago. Profit on operating activities was PLN 16,338,000 compared to PLN 31,949,000 a year ago. Net profit on continued activities was PLN 8,821,000 compared to PLN 11,243,000 a year ago. Net profit was PLN 8,821,000 compared to PLN 11,243,000 a year ago. The same sales level was maintained mainly due to the increased activity in the export markets, which was in line with the Group's strategy, and due to good sales results in Russia and Ukraine.

For the period, on consolidated basis, the company reported revenue from sales of PLN 307,404,000 compared to PLN 293,489,000 a year ago. Profit on operating activities was PLN 31,949,000 compared to PLN 28,123,000 a year ago. Net loss was PLN 47,702,000 or PLN 3.05 per share compared to net profit of PLN 17,144,000 or PLN 1.09 per share a year ago. Net cash flows from operating activities were PLN 39,072,000 compared to PLN 17,237,000 a year ago. Book value per share as on December 31, 2012 was PLN 17.02 compared to PLN 20.32 as of December 31, 2011. Net loss attributable to shareholders of the parent company was PLN 50,421,000 compared to net profit attributable to shareholders of the parent company of PLN 16,393,000 a year ago. Expenditure on the purchase of fixed assets was PLN 5,498,000 compared to PLN 8,933,000 a year ago.

For the quarter, on unconsolidated basis, the company reported total sales revenue of PLN 68,599,000 compared to PLN 63,608,000 a year ago. Profit on operating activities was PLN 10,166,000 compared to PLN 12,049,000 a year ago. Net profit on continued activities was PLN 6,805,000 compared to PLN 8,179,000 a year ago. Net profit was PLN 6,805,000 compared to PLN 8,179,000 a year ago.

For the period, on unconsolidated basis, the company reported revenue from sales of PLN 195,368,000 compared to PLN 168,487,000 a year ago. Profit on operating activities was PLN 27,809,000 compared to PLN 27,637,000 a year ago. Net loss was PLN 43,863,000 or PLN 2.80 per share compared to net profit of PLN 18,965,000 or PLN 1.21 per share a year ago. Net cash flows from operating activities were PLN 21,719,000 compared to PLN 7,687,000 a year ago. Book value per share as on December 31, 2012 was PLN 6.96 compared to PLN 16.33 as of December 31, 2011. Expenditure on the purchase of fixed assets was PLN 4,399,000 compared to PLN 10,177,000 a year ago.