Balance Sheet

ASSETS	31.12.2012	31.12.2011
I. Non-current assets	1,256,112	1,336,740
1. Intangible assets, of which:	2,996	2,051
- goodwill	-	-
2. Property, plant and equipment	84,079	100,326
3. Non-current receivables	-	-
3.1. From affiliated company	-	-
3.2. From other entities	-	-
4. Non-current investments	811,856	840,142
4.1. Properties	8,382	7,762
4.2. Intangible assets	-	-
4.3. Non-current financial assets	803,474	832,380
a) in affiliated companies, of which:	801,289	830,195
- shares or equities in subordinated companies measured with equity method	-	-
b) in other entities	2,185	2,185
4.4. Other non-current investments	-	-
5. Non-current prepayments and accruals	357,181	394,221
5.1. Deferred tax assets	353,085	388,400
5.2. Other prepayments and accruals	4,096	5,821
II. Current assets	1,820,607	2,481,890
1. Inventories	143,580	263,347
2. Current receivables	402,875	439,156
2.1. From affiliated company	97,192	98,890
2.2. From other entities	305,683	340,266
3. Current investments	1,043,008	1,570,117
3.1. Current financial assets	1,043,008	1,570,117
a) in affiliated companies	-	-
b) in other entities	1,460	122
c) cash and cash equivalents	1,041,548	1,569,995
3.2. Other current investments	-	-
4. Current prepayments and accruals	231,144	209,270
Total assets	3,076,719	3,818,630

EQUITY AND LIABILITIES	31.12.2012	31.12.2011
I. Shareholders' equity	380,769	545,324
1. Share capital	127,650	127,650
2. Called-up share capital not paid (negative value)	-	-
3. Own shares (equities) (negative value)	-	-
4. Reserve capital	282,570	280,845
5. Revaluation reserve	5,936	4,097
6. Other reserves	-	-
7. Accumulated profit (loss) from prior years	(147,636)	-
8. Net profit (loss)	112,249	132,732
9. Write-offs from net profit during the financial year (negative value)	-	-
II. Liabilities and provisions for liabilities	2,695,950	3,273,306
1. Provisions for liabilities	280,312	255,239
1.1. Deferred tax liabilities	56,342	57,416
1.2. Provision for retirement benefits and similar obligations	3,283	3,364
a) non-current	2,542	2,637
b) current	741	727
1.3. Other provisions	220,687	194,459
a) non-current	113,930	99,362
b) current	106,757	95,097
2. Non-current liabilities	27,740	33,652
2.1. Due to affiliated companies	-	-
2.2. Due to other entities	27,740	33,652
3. Current liabilities	1,615,954	1,792,443
3.1. Due to affiliated companies	168,806	154,078
3.2. Due to other entities	1,442,469	1,634,058
3.3. Special funds	4,679	4,307
4. Prepayments and accrued income	771,944	1,191,972
4.1. Negative goodwill	-	-
4.2. Other prepayments and accruals	771,944	1,191,972
– non-current	5,014	5,150
- current	766,930	1,186,822
Total liabilities	3,076,719	3,818,630

CALCULATION OF BOOK VALUE PER SHARE	31.12.2012	31.12.2011
Book value (in PLN thousands)	380,769	545,324
Number of shares	25,530,098	25,530,098
Book value per share (PLN)	14.91	21.36