polyczyno_poland_upper

Annual key figures 2014 – 2015

EUR´000

2015

2014*

Revenue 47,321 50,819
Gross profit 18,894 17,996
EBITDA** 29,341 32,249
Earnings before interest and tax (EBIT) before impairment 12,121 9,642
Net financials -10,205 -11,645
Profit/loss for the year from continuing operations 4,292 -19,741
Profit/loss for the year from discontinuing operations -2,948 -4,650
Profit/loss for the year 1,344 -24,391
Comprehensive income for the year 2,590 -31,216
Non-current assets 350,334 372,293
Current assets 53,134 66,845
Assets classified as held for sale and dicontinued operations 10,941 900
Total assets 414,409 440,038
Share capital 71,623 71,623
Equity 191,831 189,441
Non-current liabilities 152,527 173,002
Current liabilities 66,995 77,595
Liabilities classified as held for sale and discontinued operations 3,056 -
Net working capital (NWC) 12,784 15,071
Cash flow from operating activities 12,135 18,309
Cash flow from investing activities 1,172 -1,680
Of which investment in property, plant and equipment -1,070 -1,409
Cash flow from financing activities -15,265 -17,626
Cash flow from continuing operations 1,312 -974
Cash flow from discontinuing operations -3,270 -23
Total cash flows -1,958 -997
Key figures
Gross margin before impairment 39.9% 35.4%
EBITDA margin** 62.0% 63.5%
EBIT margin 25.6% 19.0%
Equity ratio 46.3% 43.1%
Return on invested capital (ROIC) 5.0% -1.4%
Return on equity 0.7% -11.9%
Gearing ratio 0.8 0.9
Average number of shares, 1,000 shares 101,367 101,394
Number of shares at the end of the period, 1,000 shares 101,367 101,367
Earnings per share (EPS Basic), EUR from continuing operations 0.04 -0.19
Earnings per share (EPS Basic), EUR after discontinued operations 0.01 -0.24
Net asset value per share, EUR 1.89 1.87
Price/net asset value 0.46 0.52
Actual price earnings (P/E Basic) 66.23 neg.
Dividend per share - -
Payout ratio (%) - -
Market price, year end, EUR 0.88 0.98
Average number of employees 65 78

* Restated due to IFRS 5 – Discontinued operations (Income statement and Cash Flow)
** Excluding Special Items