Data for 2019 years

Financial and property standing of Capital Group of JSW

Item	Unit	2019	2018	2017	2016	2015	2014	2013	GROWTH 2018=100
Item	Unit	2019	2018	2017	2016	2015	2014	2013	GROWTH 2018=100
STATEMENT OF FINANCIAL POSITION
Total assets	PLN mm	14 926,4	13 762,6	12 090,2	11 519,6	11 812,2	15 369,3	13 862,0	108,5
Non-current assets	PLN mm	11 565,1	10 300,7	8 118,2	9 097,3	10 324,7	13 085,9	10 300,0	112,3
Current assets	PLN mm	3 361,3	3 461,9	3 972,0	2 422,3	1 487,5	2 283,4	3 562,0	97,1
Equity	PLN mm	8 851,5	8 445,4	6 621,5	4 069,6	3 934,2	7 267,5	8 351,6	104,8
Liabilities	PLN mm	6 074,9	5 317,2	5 468,7	7 450,0	7 878,0	8 101,8	5 510,4	114,2
STATEMENT OF COMPREHENSIVE INCOME
Sales revenues	PLN mm	8 671,8	9 809,5	8 877,2	6 731,3	6 934,9	6 814,9	7 632,2	88,4
Gross sales profit/loss	PLN mm	1 603,6	2 871,1	3 238,9	1 229,7	(50,2)	-4,7	1 152,7	55,9
Operating profit/loss	PLN mm	905,6	2 254,1	3 116,5	226,6	(3 896,0)	-774,8	201,9	40,2
EBITDA	PLN mm	1 939,5	3 020,1	3 941,2	1 065,4	-2 533,1	528,5	1 403,4	64,2
EBITDA margin	%	22,4	30,8	44,4	15,8	-36,5	7,8	18,4	72,7
Pre-tax profit/loss	PLN mm	828,0	2 192,5	3 123,6	19,6	(4 045,3)	-882,2	109,7	37,8
Net profit/loss	PLN mm	649,6	1 760,8	2 543,3	4,4	(3 285,2)	-657,1	82,2	36,9
Total comprehensive income	PLN mm	636,7	1 718,4	2 552,0	16,2	(3 301,1)	-1 079,2	84,4	37,1
CASH FLOW STATEMENT
Net cash flow on operating activity	PLN mm	1 140,3	2 818,4	2 870,7	896,5	725,1	644,3	1 630,1	40,5
Net cash flow on investing activity	PLN mm	(2 260,5)	(1 581,7)	(2 170,3)	(354,4)	(1 015,3)	(3 040,4)	(804,2)	142,9
Net cash flow on financing activity	PLN mm	(180,3)	(755,8)	(699,8)	277,7	(80,0)	1 077,4	(280,5)	23,9
Change in net cash and cash equivalents	PLN mm	(1 300,5)	480,9	0,6	819,8	(370,2)	(1 318,7)	545,4	-
FINANCIAL RATIOS
Per share dividend	PLN/share	1,71	-	-	-	-	-	2,52	-
Current liquidity		1,05	1,03	1,67	1,14	0,39	0,58	1,59	101,9
Quick liquidity		0,70	0,84	1,46	0,98	0,26	0,45	1,35	83,3
Net return on sales	%	7,5	17,9	28,6	0,1	(47,4)	(9,60)	1,10	41,9
Total return on assets (ROA)	%	4,4	12,8	21,0	0,0	(27,8)	(4,30)	0,60	34,4
Return on equity (ROE)	%	7,3	20,8	38,4	0,1	(83,5)	(9,00)	1,00	35,1
Total debt ratio		0,41	0,39	0,45	0,65	0,67	0,53	0,40	105,1
Debt to equity ratio		0,69	0,63	0,83	1,83	2,00	1,11	0,66	109,5
Fixed capital to non-current assets ratio		0,91	0,91	1,0	0,70	0,49	0,81	1,06	100,00

Financial and property standing of Capital Group of JSWFormat: xlsx | 15 KB

Source: Management board report on the activity of the Jastrzębska Spółka Węglowa S.A. and the Jastrzębska Spółka Węglowa S.A. Capital Group for the financial year ended 31 December 2019

Financial and property standing of Capital Group of JSW

STATEMENT OF FINANCIAL POSITION	Unit	As at 30.09.2019	As at 30.09.2018
STATEMENT OF FINANCIAL POSITION	Unit	As at 30.09.2019	As at 30.09.2018
Total assets	PLN mm	14 298,4	14 074,7
Non-current assets	PLN mm	11 488,5	10 056,3
Current assets	PLN mm	2 809,9	4 018,4
Equity	PLN mm	8 949,2	8 174,4
Liabilities	PLN mm	5 349,2	5 900,3
STATEMENT OF COMPREHENSIVE INCOME	Unit	3 quarters 2019 period 1 January to 30 September 2019	3 quarters 2018 period 1 January to 30 September 2018
Sales revenues	PLN mm	6 861,4	7 286,4
Gross sales profit (loss)	PLN mm	1 656,9	2 420,1
Operating profit (loss)	PLN mm	956,3	1 854,6
EBITDA	PLN mm	1 685,2	2 408,2
EBITDA margin	%	24,6	33,1
Pre-tax profit (loss)	PLN mm	904,5	1 795,6
Net profit (loss)	PLN mm	704,4	1 442,0
Total comprehensive income	PLN mm	700,8	1 447,4
CASH FLOW STATEMENT	Unit	3 quarters 2019 period 1 January to 30 September 2019	3 quarters 2018 period 1 January to 30 September 2018
Net cash flow on operating activity	PLN mm	933,1	2 445,1
Net cash flow on investing activity	PLN mm	(1 802,4)	(1 189,3)
Net cash flow on financing activity	PLN mm	(211,9)	(215,2)
Change in net cash and cash equivalents	PLN mm	(1 081,2)	1 040,6
FINANCIAL RATIOS		As at 30.09.2019	As at 30.09.2018
Current liquidity		0,98	1,11
Quick liquidity		0,61	0,94
Total debt ratio		0,37	0,42
Debt to equity ratio		0,60	0,72
Fixed capital to non-current assets ratio		0,90	0,89
FINANCIAL RATIOS	Unit	As at 30.09.2019	As at 30.09.2018
Net return on sales	%	10,3	19,8
Total return on assets (ROA)	%	4,9	10,2
Return on equity (ROE)	%	7,9	17,6

Financial and property standing of Capital Group of JSWFormat: xlsx | 13 KB

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 2019

Financial and property standing of Capital Group of JSW

STATEMENT OF FINANCIAL POSITION	Unit	As at 30.06.2019	As at 30.06.2018
STATEMENT OF FINANCIAL POSITION	Unit	As at 30.06.2019	As at 30.06.2018
Total assets	PLN mm	14 345,3	13 580,8
Non-current assets	PLN mm	11 132,8	9 799,7
Current assets	PLN mm	3 212,5	3 781,1
Equity	PLN mm	9 003,0	7 810,1
Liabilities	PLN mm	5 342,3	5 770,7
STATEMENT OF COMPREHENSIVE INCOME	Unit	1 half 2019 period from 01.01.2019 to 30.06.2019	1 half 2018 period from 01.01.2018 to 30.06.2018
Sales revenues	PLN mm	4 696,9	4 933,5
Gross sales profit (loss)	PLN mm	1 125,5	1 797,5
Operating profit (loss)	PLN mm	695,8	1 397,9
EBITDA	PLN mm	1 171,1	1 767,1
EBITDA margin	%	24,9	35,8
Pre-tax profit (loss)	PLN mm	680,0	1 351,8
Net profit (loss)	PLN mm	547,5	1 086,4
Total comprehensive income	PLN mm	553,9	1 073,2
CASH FLOW STATEMENT	Unit	1 half 2019 period from 01.01.2019 to 30.06.2019	1 half 2018 period from 01.01.2018 to 30.06.2018
Net cash flow on operating activity	PLN mm	971,4	1 804,2
Net cash flow on investing activity	PLN mm	(1 346,2)	(705,0)
Net cash flow on financing activity	PLN mm	29,2	(157,4)
Change in net cash and cash equivalents	PLN mm	(345,6)	941,8
FINANCIAL RATIOS		As at 30.06.2019	As at 30.06.2018
Current liquidity		1,10	1,09
Quick liquidity		0,81	0,90
Total debt ratio		0,37	0,42
Debt to equity ratio		0,59	0,74
Fixed capital to non-current assets ratio		0,93	0,87
FINANCIAL RATIOS	Unit	As at 30.06.2019	As at 30.06.2018
Net return on sales	%	11,7	22,0
Total return on assets (ROA)	%	3,8	8,0
Return on equity (ROE)	%	6,1	13,9

Financial and property standing of Capital Group of JSWFormat: xlsx | 13 KB

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 2019

Financial and property standing of Capital Group of JSW

STATEMENT OF FINANCIAL POSITION	Unit	31.03.2019	31.03.2018	31.03.2017	31.03.2016	31.03.2015	31.03.2014
STATEMENT OF FINANCIAL POSITION	Unit	31.03.2019	31.03.2018	31.03.2017	31.03.2016	31.03.2015	31.03.2014
Total assets	PLN mm	14 079,5	12 706,0	11 967,6	11 716,8	15 025,2	13 525,9
Non-current assets	PLN mm	10 788,4	9 649,4	8 838,1	10 289,9	13 088,6	10 415,0
Current assets	PLN mm	3 291,1	3 056,6	3 129,5	1 426,9	1 936,6	3 110,9
Equity	PLN mm	8 851,4	7 493,9	4 950,3	3 877,9	7 008,6	8 261,4
Liabilities	PLN mm	5 228,1	5 212,1	7 017,3	7 838,9	8 016,6	5 264,5
STATEMENT OF COMPREHENSIVE INCOME	Unit	I quarter 2019	I quarter 2018	I quarter 2017	I quarter 2016	I quarter 2015	I quarter 2014
Sales revenues	PLN mm	2 488,1	2510,6	2 376,00	1 402,20	1 810,1	1 663,7
Gross sales profit	PLN mm	725,4	1 086,6	1 131,9	70,1	21,1	118,7
Operating profit (loss)	PLN mm	507,6	951,9	1 046,6	(114,8)	(205,4)	(90,2)
EBITDA	PLN mm	728,8	1 135,8	1 239,7	112	109,2	210,3
EBITDA margin	%	29,3	45,2	52,2	8,0	6,0	12,6
Pre-tax profit (loss)	PLN mm	504,7	940,4	1 062,9	(131,6)	(240,8)	(114,9)
Net profit (loss)	PLN mm	409,8	757,9	863,0	(59,5)	(196,7)	(88,5)
Total comprehensive income	PLN mm	406,4	753,9	880,7	(56,3)	(227,0)	(88,5)
CASH FLOW STATEMENT	Unit	I quarter 2019	I quarter 2018	I quarter 2017	I quarter 2016	I quarter 2015	I quarter 2014
Net cash flow on operating activity	PLN mm	761,3	638,6	792	126,7	163,7	37,3
Net cash flow on investing activity	PLN mm	(620,6)	(317,5)	(530,4)	(279,8)	(355,9)	(466,3)
Net cash flow on financing activity	PLN mm	(141,4)	(127,6)	(71,6)	(15,9)	40,3	(70,3)
Change in net cash and cash equivalents	PLN mm	(0,7)	193,5	190,0	(169,0)	(151,9)	(498,9)
FINANCIAL RATIOS		31.03.2019	43190	31.03.2017	31.03.2016	31.03.2015	31.03.2014
Current liquidity		1,10	1,31	1,66	0,37	0,52	1,56
Quick liquidity		0,88	1,08	1,40	0,23	0,39	1,27
Total debt ratio		0,37	0,41	0,59	0,67	0,53	0,39
Debt to equity ratio		0,59	0,70	1,42	2,02	1,14	0,64
Fixed capital to non-current assets ratio		0,93	0,92	0,81	0,49	0,79	1,03
FINANCIAL RATIOS	Unit	I quarter 2019	I quarter 2018	I quarter 2017	I quarter 2016	I quarter 2015	I quarter 2014
Net return on sales	%	16,5	30,2	36,3	(4,2)	(10,9)	(5,3)
Total return on assets (ROA)	%	2,9	6,0	7,2	(0,5)	(1,3)	(0,7)
Return on equity (ROE)	%	4,6	10,1	17,4	(1,5)	(2,8)	(1,1)

Financial and property standing of Capital Group of JSWFormat: xlsx | 13 KB

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 2019