5-year summary

Financials

Description20172016201520142013
Sales (mn PLN) 20,358 19,156 20,008 20,492 24,110
Adjusted EBITDA (mn PLN)* 5,753 4,666 4,710 4,890 5,934
Net profit (mn PLN) 1,525 -4,449 -5,009 2,451 3,033
Total assets (mn PLN) 34,122 33,442 36,764 40,374 34,465
Equity (mn PLN) 17,785 15,911 20,414 25,530 23,064
Liabilities and provisions (mn PLN) 16,337 17,531 16,350 14,844 11,401
Cash expenditures on property, plant and equipment and intangible assets
- KGHM Polska Miedź (mn PLN)
1,991 2,604 2,481 2,203 2,174
Equity investments - KGHM Polska Miedź (mn PLN)** 490 842 76 27 87
Concentrate production cost – C1 (USD/lb) 1.59 1.41 1.59 1.89 1.85
Concentrate production cost – C1 (USD/lb) - KGHM Polska Miedź 1.52 1.30 1.47 1.82 1.78

* 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 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

Description20172016201520142013
Earnings per share (EPS, PLN) 6.62 -20.42 -13.94 12.07 15.29
Dividend per share (DPS, PLN)*  - 1.00 1.50 4.00 5.00
Price per share/ Earnings per share (P/E, x) 16.80 - - 9.0 7.7
Return on assets (ROA, %) 4.3 -13.6 -8.40 7.5 10.5
Return on equity (ROE, %) 7.7 -25.7 -13.7 9.9 13.1
Net debt/EBITDA (x) 1.3 1.6 1.4 0.9 0.4

* dividend for the financial year

KGHM Ratios

Production

Description20172016201520142013
Payable copper production (kt) * 656 677 718 663 666
Electrolytic copper production - KGHM Polska Miedź (kt) 522 536 574 577 565
Metallic silver production - KGHM Polska Miedź (kt) 1,218 1,191 1,283 1,256 1,161

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