Grupa Azoty Zakłady Chemiczne Police S.A.
Separate financial highlights
(PLN ‘000)
(EUR ‘000)
for the period
Jan 1 −
Dec 31 2020
for the period
Jan 1 −
Dec 31 2019
for the period
Jan 1 −
Dec 31 2020
for the period
Jan 1 −
Dec 31 2019
Revenue
2,397,411
2,419,091
535,830
562,344
Operating profit
75,085
68,652
16,782
15,959
Profit before tax
105,070
66,691
23,484
15,503
Net profit
83,708
60,487
18,709
14,061
Comprehensive income for period
79,724
58,183
17,819
13,525
Number of shares
124,175,768
75,000,000
124,175,768
75,000,000
Earnings per ordinary share
0.67
0.81
0.15
0.19
Net cash from operating
activities
543,631
350,826
121,504
81,553
Net cash from investing activities
(900,348)
(159,300)
(201,231)
(37,031)
Net cash from financing activities
360,757
(184,597)
80,631
(42,912)
Total net cash flows
4,040
6,929
903
1,611
Cash and cash equivalents at
beginning of period
39,399
32,913
8,806
7,651
Cash and cash equivalents at end
of period
44,289
39,399
9,899
9,159
as at
Dec 31 2020
as at
Dec 31 2019
as at
Dec 31 2020
as at
Dec 31 2019
Non-current assets
2,681,719
1,820,458
581,113
427,488
Current assets
730,584
667,240
158,313
156,684
Non-current liabilities
728,848
494,696
157,937
116,167
Current liabilities
899,180
784,848
194,847
184,302
Equity
1,784,275
1,208,154
386,642
283,704
Share capital
1,241,758
750,000
269,082
176,118
The selected items of the separate statement of profit or loss and other comprehensive income,
statement of financial position and statement of cash flows were translated into the euro as described
below:
Items of assets and equity and liabilities in the statement of financial position were translated at
the exchange rate effective for the last day of the reporting period:
the exchange rate as at December 31st 2019 was EUR 1 = PLN 4.2585 (table No. 251/A/NBP/2019),
the exchange rate as at December 31st 2020 was EUR 1 = PLN 4.6148 (table No. 255/A/NBP/2020).
Items of the statement of profit or loss and other comprehensive income and statement of cash
flows were translated at the arithmetic mean of the EUR/PLN rates quoted by the National Bank
of Poland as effective for the last day of each month in the reporting period:
in the period January 1st–December 31st 2019, the average exchange rate was EUR 1 = PLN 4.3018,
in the period January 1st–December 31st 2020, the average exchange rate was EUR 1 = PLN 4.4742.
The translation was made using the exchange rates specified above by dividing amounts expressed in
thousands of the złoty by the exchange rate.
