Financial Data

Selected data on the statement of comprehensive income, consolidated, under IFRS, audited

Selected data in the statement of comprehensive income, consolidated, under IFRS, audited
 Year ended 31 December
 2016201520162015
 PLN'000EUR'000[1]
Sales revenue 310.862  327.890  71.258  78.369
Financial market 184.025  199.955  42.183  47.791
Trading 119.079 136.948 27.296 32.732
Listing 23.930 24.497 5.485 5.855
Information services 41.016 38.510 9.402 9.204
Commodity market 124.927  125.193  28.637  29.922
Trading 60.857 62.552 13.950 14.951
Register of certificates of origin 24.907 18.648 5.709 4.457
Clearing 39.163 38.475 8.977 9.196
Other revenue 1.910  2.743  438  656
Operating expenses 150.155  174.391  34.419  41.682
Other income 1.736 1.962 398 469
Other expenses 4.553 2.151 1.044 514
Operating profit 157.890  153.310  36.192  36.643
Financial income 12.950 9.941 2.968 2.376
Financial expenses 12.079 12.117 2.769 2.896
Share of profit of associates 3.518 (1.530) 806 (366)
Profit before income tax 162.279  149.604  37.199  35.757
Income tax expense 31.145 28.062 7.139 6.707
Profit for the period 131.134  121.542  30.059  29.050
Basic / Diluted earnings per share[2]
 (PLN, EUR)		 3,12 2,89 0,72 0,69
     
EBITDA[3] 183.683  180.147  42.105  43.057
     

[1] Based on the average EUR/PLN exchange rate of the National Bank of Poland as at 31.12.2015 (1 EUR = 4.4240 PLN) and 31.12.2015 (1 EUR = 4.2615 PLN).

[2] Based on total net profit

[3] EBITDA = operating profit + depreciation and amortisation

Selected data on the statement of financial position, consolidated, under IFRS, audited

Selected data in the statement of financial position, consolidated, under IFRS, audited
 As at
 31 December 201631 December 201531 December 201631 December 2015
 PLN'000EUR'000[1]
Non-current assets 597.287  580.645  135.011  136.254
Property, plant and equipment 119.130 125.229 26.928 29.386
Intangible assets 273.815 261.728 61.893 61.417
Investment in associates 197.231 188.570 44.582 44.250
Available-for-sale financial assets 288 282 65 66
Prepayments 5.014 4.836 1.133 1.135
Current assets 560.561  492.454  126.709  115.559
Trade and other receivables 113.262 131.557 25.602 30.871
Available-for-sale financial assets -   -   -   -  
Cash and cash equivalents 446.814 360.393 100.998 84.570
Other current assets -   -   -   -  
TOTAL ASSETS 1.157.848  1.073.099  261.720  251.813
Equity attributable to the shareholders of the parent entity 63.865 63.865 14.436 14.987
Non-controlling interests 525 546 119 128
Non-current liabilities 141.198 258.930 31.916 60.760
Current liabilities 271.398 100.977 61.347 23.695
TOTAL EQUITY AND LIABILITIES 1.157.848  1.073.099  261.720  251.813

[1] Based on the average EUR/PLN exchange rate of the National Bank of Poland as at 31.12.2015 (1 EUR = 4.4240 PLN)

GPW Group’s selected financial ratios

Selected financial ratios of the Group
 Year ended / As at
 31 December 201631 December 2015
EBITDA margin (EBITDA/Sales revenue)59,1%54,9%
Operating profit margin (Operating profit/Sales revenue)50,8%46,8%
Return on quity (ROE) (Net profit for the last 12 months / Average equity at the beginning and at the end of the last 12 month period18,0%17,3%
Debt to equity (Interest-bearing liabilities[1]/Equity)
[1] interest and principal payable		33,1%34,3%