Selected consolidated financial data of WSE Group

Selected data in the consolidated statement of comprehensive income under IFRS, audited

 Year ended 31 December   
 2013201220132012
  PLN'000  EUR'0001
Sales revenue 283 762 273 825 67 603 65 430
Financial market 205 254 208 144 48 899 49 736
Commodity market 75 995 62 646 18 105 14 969
Other revenue 2 513 3 035 599 725
Operating expenses 166 224 148 490 39 601 35 482
Other income 3 224 10 505 768 2 510
Other expenses 2 126 10 583 506 2 529
Operating profit 118 636 125 257 28 264 29 930
Financial income 10 917 14 074 2 601 3 363
Financial expenses 12 215 17 800 2 910 4 253
Share of profit of associates 12 494 9 243 2 977 2 209
Profit before income tax 129 832 130 774 30 931 31 248
Income tax expense 16 289 24 544 3 881 5 865
Profit for the period 113 543 106 230 27 050 25 383
Basic / diluted earnings per share2 (PLN, EUR) 2,70 2,52 0,64 0,60
EBITDA3 156 853 151 064 37 368 36 097
[1] Based on the annual average of EUR/PLN exchange rates quoted by the National Bank of Poland (respectively: 1 EUR = 4.1975 PLN in 2013 and 1 EUR = 4.1850 PLN in 2012).
[2] Calculated based on the net profit attributable to shareholders of the parent entity.
[3] EBITDA = operating profit + share of profit of associates + depreciation and amortisation.

Selected data in the consolidated statement of financial position under IFRS, audited

 As at      
 31 December 201331 December 201231 December 201331 December 2012
  PLN'000  EUR'0001
Non-current assets 576 421 512 004 138 990 125 239
Plant, property and equipment 124 042 133 115 29 910 32 561
Intangible assets 269 155 209 545 64 900 51 256
Investment in associates 158 540 151 213 38 228 36 988
Available-for-sale financial assets 20 955 11 183 5 053 2 735
Other non-current assets 3 729 899 1 700
Current assets 482 707 447 020 116 396 109 344
Trade and other receivables 34 792 62 929 8 389 15 393
Available-for-sale financial assets 118 118 28 29
Cash and cash equivalents 436 831 378 883 105 332 92 677
Other current assets 10 966 5 089 2 644 1 245
TOTAL ASSETS 1 059 128 959 024 255 384 234 583
Equity of the shareholders of the parent entity 636 985 554 513 153 594 135 637
Non-controlling interests 1 120 1 377 270 337
Non-current liabilities 249 578 247 842 60 180 60 624
Current liabilities 171 445 155 292 41 340 37 985
TOTAL EQUITY AND LIABILITIES 1 059 128 959 024 255 384 234 583

[1] Based on the average EUR/PLN exchange rates quoted by the National Bank of Poland as at 31.12.2013 (1 EUR = 4.1472) and 31.12.2012 (1 EUR = 4.0882 PLN).

Selected financial ratios of the Group

 Year ended / As at
    31 December 201331 December 2012
EBITDA margin (EBITDA/Sales revenues) 55,3% 55,2%
Operating profit margin (Operating profit/Sales revenues) 41,8% 45,7%
Return on equity (ROE) (Profit for the last 12 months/Average equity at the beginning and end of the last 12 months) 19,0% 19,7%
Debt to equity ratio (Interest-bearing liabilities1 /Equity) 38,3% 43,9%

[1] total liabilities under debt, e.g., principal and interest