Investors Relations

Data for 2014 years

Financial and property standing of Capital Group of JSW

ItemUnit2014201320122011GROWTH
STATEMENT OF FINANCIAL POSITION
Total assetsPLN mm15 369,313 862,014 067,113 617,0110,9
Non-current assetsPLN mm13 085,910 300,09 792,08 873,6127
Current assetsPLN mm2 283,43 562,04 275,14 743,464,1
EquityPLN mm7 267,58 351,68 573,98 443,487
LiabilitiesPLN mm8 101,85 510,45 493,25 173,6147
STATEMENT OF COMPREHENSIVE INCOME
Sales revenuesPLN mm6 814,97 632,28 821,09 376,889,3
Gross sales profit/lossPLN mm(4,7)1 152,72 435,23 409,7-0,4
Operating profit/lossPLN mm(774,8)201,91 308,22 708,5-383,8
EBITDAPLN mm528,51 403,42 374,83 552,837,7
EBITDA margin%7,818,426,937,942,4
Pre-tax profit/lossPLN mm(882,2)109,71 276,92 675,0-804,2
Net profit/lossPLN mm(657,1)82,2988,12 086,0-799,4
Total comprehensive incomePLN mm(1 079,2)84,4798,52 105,5(1 278,7)
CASH FLOW STATEMENT
Net cash flow on operating activityPLN mm644,31 630,12 359,42 835,339,5
Net cash flow on investing activityPLN mm(3 040,4)(804,2)(2 634,3)(1 667,2)378,1
Net cash flow on financing activityPLN mm1 077,4(280,5)(821,5)(436,9)-384,1
Change in net cash and cash equivalentsPLN mm(1 318,7)545,4(1 096,4)731,2-241,8
FINANCIAL RATIOS
Per share dividendPLN/share-2,525,382,16-
Current liquidity 0,581,591,972,0936,5
Quick liquidity 0,451,351,601,7733,3
Net return on sales% (9,6)1,1011,2022,20 (872,7)
Total return on assets (ROA)% (4,3)0,607,0015,30 (716,7)
Return on equity (ROE)% (9,0)1,0011,5024,70 (900,0)
Total debt ratio 0,530,400,390,38132,5
Debt to equity ratio 1,110,660,640,61168,2
Fixed capital to non-current assets ratio 0,811,061,131,2076,4

Source: Management board report on the activity of the Jastrzębska Spółka Węglowa S.A. Capital Group for the financial year ended 31 December 2014, page 62,63

Financial and property standing of Capital Group of JSW

STATEMENT OF FINANCIAL POSITIONUnitAs at 30.09.2014As at 30.09.2013
Total assetsPLN mm15 647,413 626,5
Non-current assetsPLN mm12 909,010 149,8
Current assetsPLN mm2 738,43 476,7
EquityPLN mm8 017,68 352,3
LiabilitiesPLN mm7 629,85 274,2
STATEMENT OF COMPREHENSIVE INCOMEUnit3 quaters 2014
period 1 January to 30 September 2014		3 guaters 2013
period 1 January to 30 September 2013
Sales revenuesPLN mm4 781,35 790,7
Gross sales profit (loss)PLN mm (80,3)895,1
Operating profit (loss)PLN mm (365,4)172,5
EBITDAPLN mm570,81 062,5
EBITDA margin%11,918,3
Pre-tax profit (loss)PLN mm (442,3)102,1
Net profit (loss)PLN mm (302,6)75,4
Total comprehensive incomePLN mm (329,0)75,4
CASH FLOW STATEMENTUnit1 quaters 2014
period 1 January to 30 September 2014		1 quaters 2013
period 1 January to 30 September 2013
Net cash flow on operating activityPLN mm250,71 238,9
Net cash flow on investing activityPLN mm (2 306,7) (1 212,9)
including acquisition of the Knurów-Szczygłowice mine (1 160,0)-
Net cash flow on financing activityPLN mm1 083,5 (357,7)
including the issue of debt securities1 212,6 
Change in net cash and cash equivalentsPLN mm (972,5) (357,7)
FINANCIAL RATIOS As at 30.09.2014As at 30.09.2013
Current liquidity 0,991,79
Quick liquidity 0,751,51
Total debt ratio 0,490,39
Debt to equity ratio 0,950,63
Fixed capital to non-current assets ratio 0,931,07
FINANCIAL RATIOSUnitAs at 30.09.2014As at 30.09.2013
Net return on sales% (6,3)1,3
Total return on assets (ROA)% (1,9)0,6
Return on equity (ROE)% (3,8)0,9

Source: Management Board Report on the activity of the Jastrzebska Spółka Węglowa S.A. Capital Group for the period of 6 months ended 30 June 2014, page 40-45, 48-50

Financial and property standing of Capital Group of JSW

STATEMENT OF FINANCIAL POSITIONUnitAs at 30.06.2014As at 30.06.2013
Total assetsPLN mm13 335,514 093,9
Non-current assetsPLN mm10 593,910 047,7
Current assetsPLN mm2 741,64 046,2
EquityPLN mm8 005,48 449,7
LiabilitiesPLN mm5 330,15 644,2
STATEMENT OF COMPREHENSIVE INCOMEUnit1 half 2014
period 1 January to 30 June 2014		1 half 2013
period 1 January to 30 June 2013
Sales revenuesPLN mm3 128,74 112,0
Gross sales profit (loss)PLN mm (77,1)762,0
Operating profit (loss)PLN mm (382,9)258,6
EBITDAPLN mm196,0841,9
EBITDA margin%6,320,5
Pre-tax profit (loss)PLN mm (428,6)216,2
Net profit (loss)PLN mm (341,4)172,9
Total comprehensive incomePLN mm (341,4)172,9
CASH FLOW STATEMENTUnit1 half 2014
period 1 January to 30 June 2014		1 half 2013
period 1 January to 30 June 2013
Net cash flow on operating activityPLN mm108,3957,0
Net cash flow on investing activityPLN mm (1 171,8) (1 006,7)
including prepayment for the acquisition of the Knurów-Szczygłowice mine (400,0)-
Net cash flow on financing activityPLN mm (86,7) (38,6)
Change in net cash and cash equivalentsPLN mm (1 150,2) (88,3)
FINANCIAL RATIOS As at 30.06.2014As at 30.06.2013
Current liquidity 1,301,76
Quick liquidity 1,061,51
Total debt ratio 0,400,40
Debt to equity ratio 0,670,67
Fixed capital to non-current assets ratio 0,991,10
FINANCIAL RATIOSUnitAs at 30.06.2014As at 30.06.2013
Net return on sales% (10,9)4,2
Total return on assets (ROA)% (2,6)1,2
Return on equity (ROE)% (4,3)2,0

Source: Management Board Report on the activity of the Jastrzebska Spółka Węglowa S.A. Capital Group for the period of 6 months ended 30 June 2014, page 40-45, 48-50

Financial and property standing of Capital Group of JSW

STATEMENT OF FINANCIAL POSITIONUnit31.03.201431.12.201331.03.2013
Total assetsPLN mm13 525,913 862,014 157,2
Non-current assetsPLN mm10 415,010 300,09 933,0
Current assetsPLN mm3 110,93 562,04 224,1
EquityPLN mm8 261,48 351,68 719,2
LiabilitiesPLN mm5 264,55 510,45 437,9
STATEMENT OF COMPREHENSIVE INCOMEUnitI quater 2014year 2013I quater 2013
Sales revenuesPLN mm1 663,77 632,22 179,1
Gross sales profitPLN mm118,71 152,7479,2
Operating profit (loss)PLN mm(90,2)201,9204,2
EBITDAPLN mm210,31 403,4490,8
EBITDA margin%12,618,422,5
Pre-tax profit (loss)PLN mm(114,9)109,7184,6
Net profit (loss)PLN mm(88,5)82,2145,4
Total comprehensive incomePLN mm(88,5)84,4145,4
CASH FLOW STATEMENTUnitI quater 2014year 2013I quater 2013
Net cash flow on operating activityPLN mm37,31 630,1451,6
Net cash flow on investing activityPLN mm(466,3)(804,2)(537,5)
Net cash flow on financing activityPLN mm(70,3)(280,5)(15,2)
Change in net cash and cash equivalentsPLN mm(498,9)545,4(101,1)
FINANCIAL RATIOS 31.03.201431.12.201331.03.2013
Current liquidity 1,561,591,99
Quick liquidity 1,271,351,69
Total debt ratio 0,390,400,38
Debt to equity ratio 0,640,660,62
Fixed capital to non-current assets ratio 1,031,061,13
FINANCIAL RATIOSUnitI quater 2014year 2013I quater 2013
Net return on sales%(5,3)1,16,7
Total return on assets (ROA)%(0,7)0,61,0
Return on equity (ROE)%(1,1)1,01,7

Source: Additional information for the consolidated quarterly report of the Jastrzębska Spółka Węglowa S.A. Capital Group for the period of 3 months ended 31 March 2014 , page 28-32, 36-37