Data for 2015 years

ItemUnit20152014201320122011GROWTH
2014=100
STATEMENT OF FINANCIAL POSITION
Total assetsPLN mm11 812,215 369,313 862,014 067,113 617,076,9
Non-current assetsPLN mm10 324,713 085,910 300,09 792,08 873,678,9
Current assetsPLN mm1 487,52 283,43 562,04 275,14 743,465,1
EquityPLN mm3 934,27 267,58 351,68 573,98 443,454,1
LiabilitiesPLN mm7 878,08 101,85 510,45 493,25 173,697,2
STATEMENT OF COMPREHENSIVE INCOME
Sales revenuesPLN mm6 934,96 814,97 632,28 821,09 376,8101,8
Gross sales profit/lossPLN mm(50,2)(4,7)1 152,72 435,23 409,71 068,1
Operating profit/lossPLN mm(3 896,0)(774,8)201,91 308,22 708,5502,8
EBITDAPLN mm(2 533,1)528,51 403,42 374,83 552,8 (479,3)
EBITDA margin%(36,5)7,818,426,937,9 (467,9)
Pre-tax profit/lossPLN mm(4 045,3)(882,2)109,71 276,92 675,0458,5
Net profit/lossPLN mm(3 285,2)(657,1)82,2988,12 086,0500,0
Total comprehensive incomePLN mm(3 301,1)(1 079,2)84,4798,52 105,5305,9
CASH FLOW STATEMENT
Net cash flow on operating activityPLN mm725,1644,31 630,12 359,42 835,3112,5
Net cash flow on investing activityPLN mm(1 015,3)(3 040,4)(804,2)(2 634,3)(1 667,2)33,4
Net cash flow on financing activityPLN mm(80,0)1 077,4(280,5)(821,5)(436,9) (7,4)
Change in net cash and cash equivalentsPLN mm(370,2)(1 318,7)545,4(1 096,4)731,228,1
FINANCIAL RATIOS
Per share dividendPLN/share--2,525,382,16-
Current liquidity 0,390,581,591,972,0967,2
Quick liquidity 0,260,451,351,601,7757,8
Net return on sales% (47,4) (9,6)1,1011,2022,20493,8
Total return on assets (ROA)% (27,8) (4,3)0,607,0015,30646,5
Return on equity (ROE)% (83,5) (9,0)1,0011,5024,70927,8
Total debt ratio 0,670,530,400,390,38126,4
Debt to equity ratio 2,001,110,660,640,61180,2
Fixed capital to non-current assets ratio 0,490,811,061,131,2060,5

Source: Management board report on the activity of the Jastrzębska Spółka Węglowa S.A. Capital Group for the financial year ended 31 December 2015

Financial and property standing of Capital Group of JSW

STATEMENT OF FINANCIAL POSITIONUnitAs at 31.12.2015
(not audited)
As at 31.12.2014
Total assetsPLN mm11 970,915 369,3
Non-current assetsPLN mm9 952,313 085,9
Current assetsPLN mm2 018,62 283,4
EquityPLN mm4 054,67 267,5
LiabilitiesPLN mm7 916,38 101,8
STATEMENT OF COMPREHENSIVE INCOMEUnit12 months 2015
period 1 January to 31 December 2015
(not audited)
12 months 2014
period 1 January to 31 December 2014
Sales revenuesPLN mm6 934,96 814,9
Gross sales profit (loss)PLN mm (50,2) (4,7)
Operating profit (loss)PLN mm (3 747,3) (774,8)
EBITDAPLN mm (2 384,4)528,5
EBITDA margin% (34,4)7,8
Pre-tax profit (loss)PLN mm (3 896,6) (882,2)
Net profit (loss)PLN mm (3 164,7) (657,1)
Total comprehensive incomePLN mm (3 180,7) (1 079,2)
CASH FLOW STATEMENTUnit12 months 2015
period 1 January to 31 December 2015
(not audited)
12 months 2014
period 1 January to 31 December 2014
Net cash flow on operating activityPLN mm609,5644,3
Net cash flow on investing activityPLN mm (1 015,3) (3 040,4)
including acquisition of the Knurów-Szczygłowice mine0,0 (1 490,0)
Net cash flow on financing activityPLN mm (79,9)1 077,4
including the issue of debt securities116,71 249,2
Change in net cash and cash equivalentsPLN mm (485,7) (1 318,7)
FINANCIAL RATIOS As at 31.12.2015As at 31.12.2014
Current liquidity 0,500,58
Quick liquidity 0,380,45
Total debt ratio 0,660,53
Debt to equity ratio 1,951,11
Fixed capital to non-current assets ratio 0,510,81
FINANCIAL RATIOSUnitAs at 31.12.2015As at 31.12.2014
Net return on sales% (45,6) (9,6)
Total return on assets (ROA)% (26,4) (4,3)
Return on equity (ROE)% (78,1) (9,0)

Source: Additional information for the consolidated quarterly report of the Jastrzebska Spółka Węglowa S.A. Capital Group for the period of 12 months ended 31 December 2015

Financial and property standing of Capital Group of JSW

STATEMENT OF FINANCIAL POSITIONUnitAs at 30.09.2015As at 30.09.2014
Total assetsPLN mm14 580,515 647,4
Non-current assetsPLN mm12 734,312 909,0
Current assetsPLN mm1 846,22 738,4
EquityPLN mm6 582,88 017,6
LiabilitiesPLN mm7 997,77 629,8
STATEMENT OF COMPREHENSIVE INCOMEUnit3 quaters 2015
period 1 January to 30 September 2015
3 guaters 2014
period 1 January to 30 September 2014
Sales revenuesPLN mm5 196,84 781,3
Gross sales profit (loss)PLN mm (32,1) (80,3)
Operating profit (loss)PLN mm (651,8) (365,4)
EBITDAPLN mm379,5570,8
EBITDA margin%7,311,9
Pre-tax profit (loss)PLN mm (758,2) (442,3)
Net profit (loss)PLN mm (622,9) (302,6)
Total comprehensive incomePLN mm (652,5) (329,0)
CASH FLOW STATEMENTUnit1 quaters 2015
period 1 January to 30 September 2015
1 quaters 2014
period 1 January to 30 September 2014
Net cash flow on operating activityPLN mm555,6250,7
Net cash flow on investing activityPLN mm (823,2) (2 306,7)
including acquisition of the Knurów-Szczygłowice mine0,0 (1 160,0)
Net cash flow on financing activityPLN mm41,41 083,5
including the issue of debt securities116,71 212,6
Change in net cash and cash equivalentsPLN mm (226,2) (972,5)
FINANCIAL RATIOS As at 30.09.2015As at 30.09.2014
Current liquidity 0,480,99
Quick liquidity 0,330,75
Total debt ratio 0,550,49
Debt to equity ratio 1,210,95
Fixed capital to non-current assets ratio 0,620,93
FINANCIAL RATIOSUnitAs at 30.09.2015As at 30.09.2014
Net return on sales% (12,0) (6,3)
Total return on assets (ROA)% (4,3) (1,9)
Return on equity (ROE)% (9,5) (3,8)

Source: Additional information for the consolidated quarterly report of the Jastrzebska Spółka Węglowa S.A. Capital Group for the period of 9 months ended 30 September 2015

Financial and property standing of Capital Group of JSW

STATEMENT OF FINANCIAL POSITIONUnitAs at 30.06.2015As at 30.06.2014
Total assetsPLN mm14 866,413 335,5
Non-current assetsPLN mm12 878,110 593,9
Current assetsPLN mm1 988,32 741,6
EquityPLN mm6 585,48 005,4
LiabilitiesPLN mm8 281,05 330,1
STATEMENT OF COMPREHENSIVE INCOMEUnit1 half 2015
period 1 January to 30 June 2015
1 half 2014
period 1 January to 30 June 2014
Sales revenuesPLN mm3 501,73 128,7
Gross sales profit (loss)PLN mm (53,4) (77,1)
Operating profit (loss)PLN mm (681,0) (382,9)
EBITDAPLN mm15,0196,0
EBITDA margin%0,46,3
Pre-tax profit (loss)PLN mm (758,4) (428,6)
Net profit (loss)PLN mm (623,5) (341,4)
Total comprehensive incomePLN mm (649,8) (341,4)
CASH FLOW STATEMENTUnit1 half 2015
period 1 January to 30 June 2015
1 half 2014
period 1 January to 30 June 2014
Net cash flow on operating activityPLN mm362,8108,3
Net cash flow on investing activityPLN mm (591,3) (1 171,8)
including prepayment for the acquisition of the Knurów-Szczygłowice mine- (400,0)
Net cash flow on financing activityPLN mm52,8 (86,7)
Change in net cash and cash equivalentsPLN mm (175,7) (1 150,2)
FINANCIAL RATIOS As at 30.06.2015As at 30.06.2014
Current liquidity 0,501,30
Quick liquidity 0,361,06
Total debt ratio 0,560,40
Debt to equity ratio 1,260,67
Fixed capital to non-current assets ratio 0,770,99
FINANCIAL RATIOSUnitAs at 30.06.2015As at 30.06.2014
Net return on sales% (17,8) (10,9)
Total return on assets (ROA)% (4,2) (2,6)
Return on equity (ROE)% (9,5) (4,3)

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 2015

Financial and property standing of Capital Group of JSW

STATEMENT OF FINANCIAL POSITIONUnit31.03.201531.03.201431.03.2013
Total assetsPLN mm15 025,2013 525,914 157,2
Non-current assetsPLN mm13 088,6010 415,09 933,0
Current assetsPLN mm1 936,603 110,94 224,1
EquityPLN mm7 008,608 261,48 719,2
LiabilitiesPLN mm8 016,605 264,55 437,9
STATEMENT OF COMPREHENSIVE INCOMEUnitI quater 2015I quater 2014I quater 2013
Sales revenuesPLN mm1 810,101 663,72 179,1
Gross sales profitPLN mm21,1118,7479,2
Operating profit (loss)PLN mm (205,4)(90,2)204,2
EBITDAPLN mm109,2210,3490,8
EBITDA margin%6,012,622,5
Pre-tax profit (loss)PLN mm (240,8)(114,9)184,6
Net profit (loss)PLN mm (196,7)(88,5)145,4
Total comprehensive incomePLN mm (227,0)(88,5)145,4
CASH FLOW STATEMENTUnitI quater 2015I quater 2014I quater 2013
Net cash flow on operating activityPLN mm163,737,3451,6
Net cash flow on investing activityPLN mm (355,9)(466,3)(537,5)
Net cash flow on financing activityPLN mm40,3(70,3)(15,2)
Change in net cash and cash equivalentsPLN mm (151,9)(498,9)(101,1)
FINANCIAL RATIOS 31.03.201531.03.201431.03.2013
Current liquidity 0,521,561,99
Quick liquidity 0,391,271,69
Total debt ratio 0,530,390,38
Debt to equity ratio 1,140,640,62
Fixed capital to non-current assets ratio 0,791,031,13
FINANCIAL RATIOSUnitI quater 2015I quater 2014I quater 2013
Net return on sales% (10,9)(5,3)6,7
Total return on assets (ROA)% (1,3)(0,7)1,0
Return on equity (ROE)% (2,8)(1,1)1,7

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 2015