Financial Statement: Budimex SA
Balance sheet
| BALANCE SHEET (PLN thousand) | 31.12.2013 | 31.12.2012 |
|---|---|---|
| ASSETS | ||
| I. Non-current assets | 1 169 494 | 1 256 112 |
| 1. Intangible assets, of which: | 3 739 | 2 996 |
| - goodwill | - | - |
| 2. Property, plant and equipment | 62 713 | 84 079 |
| 3. Non-current receivables | - | - |
| 3.1. From related parties | - | - |
| 3.2. From other entities | - | - |
| 4. Non-current investments | 739 163 | 811 856 |
| 4.1. Properties | 8 003 | 8 382 |
| 4.2. Intangible assets | - | - |
| 4.3. Non-current financial assets | 731 160 | 803 474 |
| a) in related parties, of which: | 729 035 | 801 289 |
| - shares or equities in subordinated companies measured with equity method | - | - |
| b) in other entities | 2 125 | 2 185 |
| 4.4. Other non-current investments | - | - |
| 5. Non-current prepayments and accruals | 363 879 | 357 181 |
| 5.1. Deferred tax assets | 359 487 | 353 085 |
| 5.2. Other prepayments and accruals | 4 392 | 4 096 |
| II. Current assets | 2 115 965 | 1 820 607 |
| 1. Inventories | 105 648 | 143 580 |
| 2. Current receivables | 502 263 | 402 875 |
| 2.1. From related parties | 98 417 | 97 192 |
| 2.2. From other entities | 403 846 | 305 683 |
| 3. Current investments | 1 357 793 | 1 043 008 |
| 3.1. Current financial assets | 1 357 793 | 1 043 008 |
| a) in related parties | 241 764 | - |
| b) in other entities | 29 | 1 460 |
| c) cash and cash equivalents | 1 116 000 | 1 041 548 |
| 3.2. Other current investments | - | - |
| 4. Current prepayments and accruals | 150 261 | 231 144 |
| Total assets | 3 285 459 | 3 076 719 |
| EQUITY AND LIABILITIES (PLN thousand) | 31.12.2013 | 31.12.2012 |
|---|---|---|
| I. Shareholders’ equity | 573 950 | 380 769 |
| 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 | 137 771 | 282 570 |
| 5. Revaluation reserve | 5 930 | 5 936 |
| 6. Other reserves | - | - |
| 7. Retained profit (loss) from prior years | - | (147 636) |
| 8. Net profit (loss) | 302 599 | 112 249 |
| 9. Write-offs from net profit during the financial year (negative value) | - | - |
| II. Liabilities and provisions for liabilities | 2 711 509 | 2 695 950 |
| 1. Provisions for liabilities | 280 863 | 280 312 |
| 1.1. Deferred tax liabilities | 35 667 | 56 342 |
| 1.2. Provision for retirement benefits and similar obligations | 4 143 | 3 283 |
| a) non-current | 3 264 | 2 542 |
| b) current | 879 | 741 |
| 1.3. Other provisions | 241 053 | 220 687 |
| a) non-current | 125 307 | 113 930 |
| b) current | 115 746 | 106 757 |
| 2. Non-current liabilities | 17 044 | 27 740 |
| 2.1. Due to related parties | - | - |
| 2.2. Due to other entities | 17 044 | 27 740 |
| 3. Current liabilities | 1 505 618 | 1 615 954 |
| 3.1. Due to related parties | 147 176 | 168 806 |
| 3.2. Due to other entities | 1 353 345 | 1 442 469 |
| 3.3. Special funds | 5 097 | 4 679 |
| 4. Prepayments and accrued income | 907 984 | 771 944 |
| 4.1. Negative goodwill | - | - |
| 4.2. Other prepayments and accruals | 907 984 | 771 944 |
| – non-current | 4 879 | 5 014 |
| - current | 903 105 | 766 930 |
| Total liabilities | 3 285 459 | 3 076 719 |
| CALCULATION OF BOOK VALUE PER SHARE | 31.12.2013 | 31.12.2012 |
|---|---|---|
| Book value (in PLN thousands) | 573 950 | 380 769 |
| Number of shares | 25 530 098 | 25 530 098 |
| Book value per share (PLN) | 22,48 | 14,91 |
