5-year summary

Financials

Description20162015201420132012
Sales (mn PLN) 19,156 20,008 20,492 24,110 26,705
Adjusted EBITDA (mn PLN)* 4,666 4,710 4,890 5,934 8,199
Net profit (mn PLN) -4,449 -5,009 2,451 3,033 4,803
Total assets (mn PLN) 33,442 36,764 40,374 34,465 33,616
Equity (mn PLN) 15,911 20,414 25,530 23,064 27,710
Liabilities and provisions (mn PLN) 17,531 16,350 14,844 11,401 11,906
Cash expenditures on property, plant and equipment and intangible assets
- KGHM Polska Miedź (mn PLN)
2,604 2,481 2,203 2,174 1,647
Equity investments - KGHM Polska Miedź (mn PLN)** 842 76 27 87 9,637
Concentrate production cost – C1 (USD/lb) 1.41 1.59 1.89 1.85 1.59
Concentrate production cost – C1 (USD/lb) - KGHM Polska Miedź 1.30 1.47 1.82 1.78 1.34

* since 2014 adjusted EBITDA = EBIT + depreciation/amortisation (recognised in profit or loss) + impairment loss (-reversal of impairment losses) on non-current assets (recognised in cost of sales, selling costs and administrative expenses) – together with Sierra Gorda S.C.M.; for the years 2012-2013 EBITDA = operating profit + depreciation/amortisation
** from 2016 acquisition of shares and investment certificates of subsidiaries and loans granted and acquisition of available-for-sale financial assets; for the years 2012-2015 purchase/acquisition of shares and investment certificates

KGHM 5-year summary

Ratios

Description20162015201420132012
Earnings per share (EPS, PLN) -20.42 -13.94 12.07 15.29 24.34
Dividend per share (DPS, PLN)* - 1.50 4.00 5.00 9.80
Price per share/ Earnings per share (P/E, x) - - 9.0 7.7 7.8
Return on assets (ROA, %) -13.6 -8.40 7.5 10.5 17.3
Return on equity (ROE, %) -25.7 -13.7 9.9 13.1 22.2
Net debt/EBITDA (x) 1.6 1.4 0.9 0.4 0.0

* dividend for the financial year

KGHM Ratios

Production

Description20162015201420132012
Payable copper production (kt) * 677 718 663 666 676
Electrolytic copper production - KGHM Polska Miedź (kt) 536 574 577 565 566
Metallic silver production - KGHM Polska Miedź (kt) 1,191 1,283 1,256 1,161 1,274

* Includes the 55% interest held in Sierra Gorda S.C.M.