Financial Statements: Budimex Group
Consolidated statement of financial position
| ASSETS (PLN thousand) | 31 December 2014 |
31 December 2013 |
1 January 2013 |
|---|---|---|---|
| transformed | |||
| Non-current (long-term) assets | |||
| Property, plant and equipment | 79 513 | 83 755 | 111 192 |
| Investment properties | 24 994 | 24 529 | 3 256 |
| Intangible assets | 4 494 | 4 106 | 2 992 |
| Goodwill of subsidiaries | 73 237 | 73 237 | 73 237 |
| Investments in equity accounted entities | 7 539 | 3 518 | 16 966 |
| Available-for-sale financial assets | 8 376 | 8 381 | 17 135 |
| Retentions for construction contracts | 27 923 | 24 804 | 19 202 |
| Trade and other receivables | 29 945 | 25 496 | 4 176 |
| Concession agreement receivables | 45 214 | 22 376 | - |
| Other financial assets | - | 692 | - |
| Deferred tax assets | 376 261 | 351 336 | 311 651 |
| Total non-current (long-term) assets | 677 496 | 622 230 | 559 807 |
| Current (short-term) assets | |||
| Inventories | 648 655 | 697 046 | 876 206 |
| Trade and other receivables | 495 364 | 540 221 | 410 897 |
| Retentions for construction contracts | 10 248 | 18 217 | 49 419 |
| Amounts due and receivable from customers under construction contracts | 172 548 | 146 630 | 227 490 |
| Current tax assets | 265 | 331 | 935 |
| Other financial assets | 19 800 | 3 295 | 5 724 |
| Cash and cash equivalents | 1 831 652 | 1 658 783 | 1 317 733 |
| 3 178 532 | 3 064 523 | 2 888 404 | |
| Non-current assets (disposal groups) classified as held for sale | 2 181 | - | - |
| Total current (short-term) assets | 3 180 713 | 3 064 523 | 2 888 404 |
| TOTAL ASSETS | 3 858 209 | 3 686 753 | 3 448 211 |
| EQUITY AND LIABILITIES (PLN thousand) | 31 December 2014 |
31 December 2013 |
1 January 2013 |
|---|---|---|---|
| transformed | |||
| EQUITY | |||
| Share capital | 145 848 | 145 848 | 145 848 |
| Share premium | 87 163 | 87 163 | 234 799 |
| Other reserves | 4 816 | 4 584 | 2 705 |
| Foreign exchange differences on translation of foreign operations | 5 326 | 5 101 | 2 190 |
| Retained earnings | 276 112 | 383 627 | 47 588 |
| Shareholders’ equity attributable to the shareholders of the Parent Company | 519 265 | 626 323 | 433 130 |
| Equity attributable to non-controlling interests | 3 244 | 18 852 | - |
| Total equity | 522 509 | 645 175 | 433 130 |
| LIABILITIES | |||
| Long-term liabilities | |||
| Loans, borrowings and other external sources of financing | 46 298 | 34 355 | 75 967 |
| Retentions for construction contracts | 176 116 | 161 347 | 161 143 |
| Provisions for long-term liabilities and other charges | 179 169 | 147 676 | 141 521 |
| Retirement benefits and similar obligations | 6 121 | 4 381 | 3 747 |
| Other financial liabilities | 4 925 | 226 | - |
| Total long-term liabilities | 412 629 | 347 985 | 382 378 |
| Current liabilities | |||
| Loans, borrowings and other external sources of financing | 21 402 | 19 729 | 17 718 |
| Trade and other liabilities | 1 117 743 | 1 374 915 | 1 449 202 |
| Retentions for construction contracts | 201 207 | 189 466 | 222 146 |
| Amounts due and payable to customers under construction contracts | 920 668 | 689 915 | 534 870 |
| Deferred income | 520 766 | 281 679 | 285 189 |
| Provisions for current liabilities and other charges | 111 598 | 120 126 | 116 060 |
| Current tax liability | 26 291 | 16 147 | 6 225 |
| Retirement benefits and similar obligations | 1 080 | 1 117 | 1 036 |
| Other financial liabilities | 2 316 | 499 | 257 |
| Total current liabilities | 2 923 071 | 2 693 593 | 2 632 703 |
| Total liabilities | 3 335 700 | 3 041 578 | 3 015 081 |
| TOTAL EQUITY AND LIABILITIES | 3 858 209 | 3 686 753 | 3 448 211 |
