|
Balance
Sheet (in thousands of PLN) |
Note |
2001 |
2000 |
|
ASSETS |
|
|
|
|
1. Fixed assets |
|
131 490 |
100 327 |
|
a. Intangible and
legal assets |
1 |
5 735 |
6 256 |
|
b. Tangible fixed
assets |
2 |
53 641 |
58 483 |
|
c. Financial
fixed assets |
3 |
37
230 |
33
985 |
|
d. Long-term accounts
receivable |
4 |
34 884 |
1 603 |
|
2. Current assets |
|
127 613 |
134 613 |
|
a. Inventories |
5 |
21 446 |
21 099 |
|
b. Accounts receivable |
6 |
104 794 |
109 674 |
|
c. Own tradeable
shares |
7 |
0 |
0 |
|
d. Securities subject
to turnover |
8 |
0 |
3 038 |
|
e. Cash in bank
& in hand |
9 |
1 373 |
802 |
|
3. Deferred expenses |
10 |
5
531 |
2
272 |
|
a. Deferred
income tax related expenses |
|
2 021 |
534 |
|
b. Other deferred
expenses |
|
3 510 |
1 738 |
|
Total assets |
|
264 634 |
237 212 |
|
Liabilities
|
|
|
|
|
1. Equity |
|
76 321 |
75 645 |
|
a. Share capital |
11 |
10 000 |
10 000 |
|
b. Payments due on account of capital (negative
value) |
|
0 |
0 |
|
c. Reserve capital |
12 |
60 668 |
50 638 |
|
d. Reserve capital on revaluation |
|
4 451 |
4 468 |
|
e. Other reserve capital |
13 |
101 |
101 |
|
f. Exchange rate changes from
foreign division calculations |
|
1 049 |
426 |
|
g. Undivided profit/not covered (loss)
of prior years |
14 |
0 |
0 |
|
h. Net profit (loss) |
|
52 |
10
012 |
|
2. Reserves |
|
1
919 |
1
080 |
|
a. Income tax
related reserves |
15 |
1 657 |
60 |
|
b. Other reserves |
16 |
262 |
1 020 |
|
3. Liabilities |
|
180 761 |
149 304 |
|
a. Long-term
liabilities |
17 |
40 303 |
34 151 |
|
b. Short-tern
liabilities |
18 |
140 458 |
115 153 |
|
4. Accruals and
deferred income |
19 |
5 633 |
11 183 |
|
Total liabilities |
|
264 634 |
237 212 |
|
|
|
|
|
|
Net book value |
|
76
321 |
75
645 |
|
Number of shares |
|
4
000 000 |
4
000 000 |
|
Net book value per share (in PLN) |
20 |
19,08 |
18,91 |
|
Forecast number of shares |
|
0 |
0 |
|
Diluted book value per share (in PLN) |
20 |
0 |
0 |
|
|
|
|
|
|
Profit
and loss account (in thousands of PLN) |
|
2001 |
2000 |
|
I. Net income on sales of goods and products |
|
319
143 |
193
225 |
|
1. Net income on
products sold |
21 |
317
631 |
190
549 |
|
2. Net income on
merchandise and materials sold |
22 |
1
512 |
2
676 |
|
II. Cost of merchandise and products sold |
|
291
336 |
174
519 |
|
1. Cost of
manufacture of products sold |
23 |
289
826 |
171
841 |
|
2. Value of merchandise
and materials sold |
|
1
510 |
2
678 |
|
III. Gross profit (loss) on sales (I-II) |
|
27
807 |
18
706 |
|
IV. Cost on sales |
|
0 |
0 |
|
V. General management costs |
|
12
318 |
14
425 |
|
VI. Profit (loss) on sales (II-IV-V) |
|
15
489 |
4
281 |
|
VII. Other operating income |
24 |
5
441 |
43
854 |
|
VIII. Other operating costs |
25 |
5
602 |
29
418 |
|
IX. Profit (loss) on operating activity (VI+VII-VIII) |
|
15
328 |
18
717 |
|
X. Income on shares in other entities |
26 |
0 |
3
571 |
|
XI. Income on remaining financial fixed assets |
27 |
0 |
0 |
|
XII. Other financial income |
28 |
5
828 |
2
870 |
|
XIII. Financial costs |
29 |
19
937 |
12
529 |
|
XIV. Profit (loss) on economic activity (IX+X+XI+XII+XIII) |
|
1
219 |
12
629 |
|
XV. Extraordinary profits and losses (XV.1 – XV.2) |
|
100 |
16 |
|
1. Extraordinary
profits |
30 |
369 |
162 |
|
2. Extraordinary losses
|
31 |
269 |
146 |
|
XVI. Gross profit (loss) |
|
1
319 |
12
645 |
|
XVII. Corporate and personal income tax |
32 |
1
267 |
2
633 |
|
XVIII. Other obligatory expenses decreasing profit (increasing loss) |
33 |
|
|
|
XIX. Net profit (loss) |
|
52 |
10
012 |
|
|
|
|
|
|
Net profit (loss) (for 12 months) |
|
52 |
10
012 |
|
Average number of ordinary shares |
|
4
000 000 |
4
000 000 |
|
Net profit (loss) per ordinary share (in PLN) |
35 |
0,01 |
2,50 |
|
Weighed average forecast number of ordinary shares |
|
|
|
|
Diluted profit (loss) per one ordinary share (in PLN) |
35 |
|
|
|
|
|
|
|
|
Cashflow
on operating activity (in thousands of PLN) |
|
2001 |
2000 |
|
A. Cashflow on operating activity (I+/-II) |
|
1
325 |
-18
346 |
|
I.Net profit (loss) |
|
52 |
10
012 |
|
II. Total increase including |
|
1
273 |
-28
358 |
|
1. Depreciation |
|
6
328 |
5
964 |
|
2. Profit (loss) on
change in currency exchange rates |
|
623 |
452 |
|
3. Interests and
dividends |
|
14
124 |
6
403 |
|
4. (Profit) loss on
investment activity |
|
7
102 |
-9
337 |
|
5. Change in other
reserves |
|
1
549 |
1
043 |
|
6. Profit related
income tax (indicated in profit and loss account) |
|
1
268 |
2
633 |
|
7. Income tax paid |
|
-1
072 |
-1
674 |
|
8. Change in
inventories |
|
-347 |
-12
410 |
|
9. Change in accounts
receivable |
|
-30
709 |
-88
461 |
|
10. Change in short-term liabilities (except
loans and credits) |
|
9
694 |
58
707 |
|
11. Change in deferred expenses |
|
-2
962 |
376 |
|
12. Change in accruals and deferred income |
|
-4
359 |
8
319 |
|
13. Other items |
|
34 |
-373 |
|
B. Cashflow on investment activity (I-II) |
|
-8
340 |
-10
770 |
|
I. Income on investment activity |
|
4
780 |
46
738 |
|
1. Intangible and legal
assets sold |
|
|
298 |
|
2. Tangible assets sold
|
|
854 |
42
302 |
|
3. Financial assets
sold, including assets: |
|
119 |
0 |
|
·
In dependent entities |
|
119 |
0 |
|
·
In affiliated entities |
|
|
0 |
|
·
In dominating entity |
|
|
0 |
|
4. Stocks or other
marketable shares sold |
|
3
227 |
0 |
|
5. Long term loans paid
|
|
480 |
480 |
|
6. Dividends received |
|
|
3
571 |
|
7. Interests received |
|
32 |
52 |
|
8. other income |
|
68 |
35 |
|
II. Expenses on investment activity |
|
13
120 |
57
508 |
|
1. Intangible and legal assets acquired |
|
155 |
5
300 |
|
2. Tangible assets acquired |
|
8
640 |
40
338 |
|
3. Financial tangible assets acquired including assets in: |
|
3
725 |
8
671 |
|
·
In dependent entities |
|
3
725 |
8
671 |
|
·
In affiliated entities |
|
|
0 |
|
·
In dominating entity |
|
|
0 |
|
4. Own shares acquired |
|
|
0 |
|
5. Stocks or other marketable shares acquired |
|
|
3
199 |
|
6. Loans obtained |
|
0 |
0 |
|
7. Other expenses |
|
600 |
0 |
|
C. Cashflow on financial activity (I-II) |
|
7
586 |
29
260 |
|
I. Income on financial
activity |
|
84
270 |
64
937 |
|
1. Long-term bank
credits and loans drawn |
|
|
0 |
|
2. Long-term maturity
bonds or other securities issued |
|
|
30
000 |
|
3. Short-term bank
credits drawn |
|
39
413 |
28
150 |
|
4. Short-term maturity
bonds or other securities issued |
|
44
857 |
5
393 |
|
5. Income on shares
issue or rasing of capital |
|
|
0 |
|
6. Increase of capital |
|
|
0 |
|
7. Other income |
|
0 |
1
394 |
|
II. Expenses on financial activity |
|
76
684 |
35
677 |
|
1. Long-term bank
credits and loans paid |
|
1
548 |
1
581 |
|
2. Long-term maturity
bonds or other securities repaid |
|
|
0 |
|
3. Short-term bank
credits and loans paid |
|
19
858 |
7
603 |
|
4. Short-term maturity
bonds or other securities repaid |
|
40
518 |
14
901 |
|
5. Expenses on shares
issue |
|
|
0 |
|
6. Shares write off |
|
|
0 |
|
7. Dividend and other
related payments paid |
|
|
0 |
|
8. Royalties for the
Supervisory Board |
|
|
0 |
|
9. Community related
expenses |
|
|
0 |
|
10. Financial leasing obligations paid |
|
370 |
370 |
|
11. Interests payable |
|
14
156 |
11
001 |
|
12. Other expenses |
|
234 |
221 |
|
D. Total
net cashflow (A+/B+/-C) |
|
571 |
144 |
|
E. Change
in net financial resources |
|
571 |
144 |
|
- including currency exchange related change in financial resources |
|
0 |
0 |
|
F. Cash
at the beginning of report period |
|
802 |
658 |
|
G. Cash
at the end of report period (F+/-D) |
|
1
373 |
802 |