Financial information

Sales revenues (M PLN)

Net profit (M PLN) *

* adjusted by profit on the bargain purchase of a subsidiary company Kokoszki Prefabrykacja S.A.

EBITDA (M PLN)*

* adjusted by profit on the bargain purchase of a subsidiary company Kokoszki Prefabrykacja S.A.

Production (in thousand m³)

Production 2024 (in thousand m³)

Pekabex group – selected results and financial ratios (consolidated data):

Financial results (in thousands PLN)	2014	2015 ²⁾	2016³⁾	2017	2018	2019	2020	2021	2022	2023
Revenues from sales	328 233	350 680	505 442	623 334	886 344	772 047	952 327	1 504 862	1 677 945	1 566 237
Gross profit for sales	52 192	61 537	81 829	115 694	164 199	119 307	166 954	194 129	281 176	263 540
Profit on operating activity	19 751	29 562	40 850	34 972	67 473	39 396	69 455	57 767	100 013	110 385
EBITDA ¹⁾	23 838	36 358	51 866	47 908	81 901	55 449	89 454	84 492	127 683	139 430
Net profit	15 850	23 193	34 309	25 836	51 209	30 496	57 900	40 291	67 255	68 707

¹⁾ EBITDA – profit on operating activity adjusted by the costs of amortization
²⁾ Results from 2015 taking into account profit on the bargain purchase of a subsidiary company Kokoszki Prefabrykacja S.A.
³⁾ Results from 2016 taking into account profit on the bargain purchase of a company Ergon Sp. z o.o.

Profitability rations (thousands. PLN)	2014	2015 ³⁾	2016 ⁴⁾	2017	2018	2019	2020	2021	2022	2023
EBITDA margin ¹⁾	7,30%	10,40%	10,30%	7,70%	9,20%	7,20%	9,40%	5,60%	7,61%	8,90%
Net profitability ²⁾	4,80%	6,60%	6,80%	4,10%	5,80%	4,00%	6,10%	2,70%	4,01%	4,39%

¹⁾ EBITDA margin: EBITDA / revenues from sales
²⁾ Net profitability: net profit / evenues from sales
³⁾ Results from 2015 taking into account profit on the bargain purchase of a subsidiary company Kokoszki Prefabrykacja S.A. amounting to 6,571,000 PLN
⁴⁾ Results from 2016 taking into account profit on the bargain purchase of a company Ergon Sp. z o.o. amounting to 13.511 tys. PLN

Balance sheet data (in thousands PLN)	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023
Total assets	255 441	313 728	442 213	479 720	643 081	753 893	905 364	1 220 339	1 324 910	1 520 940
– Fixed assets	110 869	175 021	246 140	244 181	259 590	338 184	420 445	452 810	460 718	506 300
-Current assets	144 572	138 707	196 072	235 539	383 491	415 709	484 918	767 529	864 192	1 014 640
– Cash and cash equivalents	36 445	44 007	22 423	15 719	95 234	106 572	104 797	114 648	119 496	207 715
Equity	128 137	178 005	212 222	237 570	285 359	309 270	361 721	405 622	482 495	521 928
Total liabilities	127 304	135 723	229 991	242 150	357 722	444 623	543 643	814 717	842 415	999 012
– Financial liabilities1), ¹⁾, including:	9 217	31 107	60 488	62 250	90 338	136 538	204 914	251 442	221 192	413 154
– long-term liabilities	2 382	24 225	49 499	50 321	65 387	113 396	163 721	167 895	154 774	151 338
– short-term liabilities	6 835	6 882	10 989	11 929	24 951	23 142	41 193	83 547	66 418	261 816
Net debt²⁾	-27 229	-12 900	38 065	46 531	-4 896	29 966	100 116	120 786	87 909	192 656

¹⁾ Financial liabilities: credits, loans, debt instruments and financial lease
²⁾ Net debt: financial liabilities minus the value of cash and cash equivalents

Cash flow (in thousands PLN)	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023
Net cash flow from operating activity	14 560	10 436	18 330	8 313	98 845	93 948	85 681	51 733	80 995	22 133
Net cash flow from investment activity	(17 185)	(42 313)	(57 623)	(7 085)	(32 640)	(91 593)	(68 935)	(45 214)	(20 259)	(29 043)
Net cash flow from financial activity	8 401	39 439	17 709	(7 934)	13 311	8 983	(18 521)	3 332	(55 894)	95 129
Balance sheet change in cash and cash equivalents	5 776	7 562	(21 584)	(6 705)	79 515	11 338	(1 775)	9 851	4 842	88 219

Pekabex BET information on the implementation of the 2021 tax strategy

In performance of the obligation resulting from art. 27c of the Act of February 15, 1992 on corporate income tax (Journal of Laws of 2021, item 1800, as amended), Pekabex BET SA hereby presents a document containing information on the tax strategy implemented in 2021.

Pekabex Group - selected financial data for 2011-2022

Financial information