CONSOLIDATED BALANCE SHEET

(Financial report as of the end of period) - in thousand PLN

31.12.201631.12.2015

(restated) 01.01.2015 (restated)

Tangible fixed assets

232 681

205 287

197 714

Investment real estate

3 556

3 556

3 556

Intangible assets

16 726

14 796

19 907

Financial assets

7

1 631

1 631

Deferred income tax assets

9 314

8 945

2 627

Long-term active prepayments and accrued

110

22

97

Total fixed assets

262 394

234 237

225 532

Stocks

141 440

125 116

121 800

Trade accounts receivable

136 605

107 863

96 291

Other short-term accounts receivable

20 922

15 618

10 744

Income tax assets

1 488

1 037

530

Active prepayments and accrued income

3 513

1 952

1 387

Financial assets

1 842

2 013

2 057

Cash and cash equivalents

248 973

174 669

154 510

Total current assets

554 783

428 268

387 319

TOTAL ASSETS

817 177

662 505

612 851

Share capital

5 376

5 376

5 376

Capital from the valuation of warrants

5 942

3 483

1 145

Reserve funds

314 930

239 696

219 108

Revaluation capital reserve

73 987

74 247

74 421

Capital reserves

2 048

2 048

2 082

Retained profit

91 772

89 509

84 186

Foreign exchange differences from

-4 261

-5 832

902

Equity attributable to shareholders of the

489 794

408 527

387 220

Non-controlling interest

1 744

1 540

1 004

Total equity

491 538

410 067

388 224

Credits and debt securities

7 732

7 850

1 269

Provisions

17 224

19 213

19 281

Income from future periods

7 363

7 708

1 000

Deferred tax provision

508

591

652

Other liabilities

96

0

0

Total long-term liabilities

32 923

35 362

22 202

Credits and debt securities

162 552

96 848

75 155

Trade liabilities

79 011

59 046

59 746

Financial liabilities

3 004

1 183

3 120

Other short-term liabilities

23 559

32 732

30 526

Income tax liabilities

1 501

8 889

14 737

Income from future periods

316

392

479

Provisions

22 773

17 986

18 662

Total short-term liabilities

292 716

217 076

202 425

TOTAL LIABILITIES

817 177

662 505

612 851

CONSOLIDATED PROFIT AND LOSS ACCOUNT

in thousand PLN

01.01.2016

31.12.2016

01.01.2015

31.12.2015

(restated)

Sales revenue

930 250

903 527

Cost of sales

679 984

679 233

Gross profit on sales

250 266

224 294

Selling cost

29 505

24 087

General and administrative expenses

91 964

87 723

Core business result

128 797

112 484

Other operating income

18 169

25 971

Other operating expenses

16 132

22 369

Operating result

130 834

116 086

Financial income

6 592

5 656

Financial expenses

2 010

3 327

Pre-tax profit

135 416

118 415

Income tax

30 480

21 182

current

30 927

27 207

deferred

-447

-6 025

Net profit

104 936

97 233

attributable to shareholders of the Parent

104 165

96 630

attributable to non-controlling interest

771

603

Weighted-average number of shares

26 881 922

26 881 922

Earnings per share

3,87

3,59

Weighted-average diluted number of

27 957 194

27 957 194

Diluted earnings per share

3,73

3,46

Revenue from sales of products

847 928

813 228

Revenue from sales of goods and

54 238

64 291

Other revenues

28 084

26 008

Total sales revenue including

930 250

903 527

of witch

revenue generated locally

284 400 268 941

revenues from foreign contractors

645 850 634 586

CONSOLIDATED CASH FLOW STATEMENT

For the period from 01.01 to 31.12

2016

2015 (restated)

Net profit

104 165

96 630

Total adjustments:

-7 163

11 625

in thousand PLN

  • Profit attributable to the non-controlling shareholders

771

603

  • Depreciation

36 367

36 753

  • Net foreign exchange (gains) losses

481

-1 211

  • Net interest and dividends

1 056

862

  • Income tax on profit before taxation

30 927

27 207

  • (Gains) losses from investing activities

-1 889

-1 915

  • Change in provisions

2 715

-2 075

  • Change in stocks

-8 652

-3 317

  • Change in accounts receivable

-29 196

-16 078

  • Change in liabilities

-2 083

486

  • Change in active prepayments and accrued income

-2 029

1 646

  • Other adjustments

-2 104

1 858

  • Income tax paid

-33 527

-33 194

Net cash from operating activities

97 002

108 255

Income from sales of tangible and intangible fixed assets

6 268

17 955

Acquisition of tangible and intangible fixed assets

-42 485

-64 097

Outflows for financial assets and the acquisition of a subsidiary, net of cash acquired

-17 566

-561

Dividend paid to minority shareholders

-602

-54

Income from financial assets

34

48

Other

-3 485

1 955

Net cash from investing activities

-57 836

-44 754

Proceeds from credits taken

63 218

28 257

Exchange differences

-54

460

Interest paid

-1 040

-844

Dividend paid to shareholders

-26 882

-71 237

Other

-97

16

Net cash from financing activities

35 145

-43 348

Change in cash

74 311

20 153

Change in cash resulting from foreign exchange differences

-7

6

Cash at beginning of period

174 669

154 510

Change in net cash

74 304

20 159

Cash at end of period

248 973

174 669

including restricted cash

25

18

Sanockie Zaklady Przemyslu Gumowego Stomil Sanok SA published this content on 20 March 2017 and is solely responsible for the information contained herein.
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