Financial Statement: Budimex Group
Consolidated statement of financial position (PLN thousand)
| ASSETS | 31 December 2013 |
31 December 2012 |
|---|---|---|
| Non-current assets | ||
| Property, plant and equipment | 83 755 | 111 192 |
| Investment properties | 24 529 | 3 256 |
| Intangible assets | 4 106 | 2 992 |
| Goodwill of subsidiaries | 73 237 | 73 237 |
| Investments in equity accounted companies | 3 518 | 16 966 |
| Available-for-sale financial assets | 8 381 | 17 135 |
| Retentions for construction contracts | 24 804 | 19 202 |
| Trade and other receivables | 20 703 | - |
| Concession agreement receivables | 22 376 | - |
| Derivative financial instruments | 692 | - |
| Non-current prepayments and deferred costs | 4 793 | 4 176 |
| Deferred tax assets | 351 336 | 311 651 |
| Total non-current (long-term) assets | 622 230 | 559 807 |
| Current (short-term) assets | ||
| Inventories | 697 046 | 876 206 |
| Loans granted and other financial assets | 3 164 | - |
| Trade and other receivables | 525 675 | 401 836 |
| Retentions for construction contracts | 18 217 | 49 419 |
| Amounts due and receivable from customers under construction contracts | 146 630 | 227 490 |
| Current tax assets | 331 | 935 |
| Derivative financial instruments | 131 | 5 724 |
| Cash and cash equivalents | 1 658 783 | 1 317 733 |
| Current prepayments and deferred costs | 14 546 | 9 061 |
| 3 064 523 | 2 888 404 | |
| Non-current assets (disposal groups) classified as held for sale |
- | - |
| Total current (short-term) assets | 3 064 523 | 2 888 404 |
| TOTAL ASSETS | 3 686 753 | 3 448 211 |
| EQUITY AND LIABILITIES | 31 December 2013 |
31 December 2012 |
|---|---|---|
| Equity | ||
| Shareholders’ equity attributable to the shareholders of the Parent Company | ||
| Share capital | 145 848 | 145 848 |
| Share premium | 87 163 | 234 799 |
| Other reserves | 4 584 | 2 705 |
| Foreign exchange differences on translation of foreign operations | 5 101 | 2 190 |
| Retained earnings (losses) | 383 627 | 47 588 |
| Total shareholders’ equity attributable to the shareholders of the Parent Company | 626 323 | 433 130 |
| Equity attributable to non-controlling interests | 18 852 | - |
| Total equity | 645 175 | 433 130 |
| Liabilities | ||
| Non-current liabilities | ||
| Loans, borrowings and other external sources of finance | 34 355 | 75 967 |
| Retentions for construction contracts | 161 347 | 161 143 |
| Provisions for non-current liabilities and other charges | 147 676 | 141 521 |
| Retirement benefits and similar obligations | 4 381 | 3 747 |
| Derivative financial instruments | 226 | - |
| Total non-current liabilities | 347 985 | 382 378 |
| Current liabilities | ||
| Loans, borrowings and other external sources of finance | 19 729 | 17 718 |
| Trade and other liabilities | 1 217 984 | 1 287 594 |
| Retentions for construction contracts | 189 466 | 222 146 |
| Amounts due and payable to customers (investors) under construction contracts | 689 915 | 534 870 |
| Advance payments received | 276 325 | 274 050 |
| Provisions for current liabilities and other charges | 120 126 | 116 060 |
| Current tax liability | 16 147 | 6 225 |
| Retirement benefits and similar obligations | 1 117 | 1 036 |
| Derivative financial instruments | 499 | 257 |
| Short-term accruals | 156 931 | 161 608 |
| Short-term deferred income | 5 354 | 11 139 |
| 2 693 593 | 2 632 703 | |
| Liabilities relating directly to non-current assets (disposable groups) classified as held for sale | - | - |
| Total current liabilities | 2 693 593 | 2 632 703 |
| Total liabilities | 3 041 578 | 3 015 081 |
| TOTAL EQUITY AND LIABILITIES | 3 686 753 | 3 448 211 |
