Profitability ratios

A A A
    2009 2010 2011 2012 2013
 
Rentowność sIncome margin przedaży
Sales PLN m 14 321.0 19 662.8 29 259.6 33 111.0 28 597.3
Operating profit PLN m 450.4 1 061.4 1 085.5 312.8 146.5
Pre-tax profit PLN m 1 109.6 721.9 551.4 366.4 -62.0
Net income PLN m 911.8 681.4 649.3 927.9 39.4
Pretax margin % 7.75 3.67 1.88 1.11 -
Net margin % 6.37 3.47 2.22 2.80 0.14
 
EBIT and EBITDA
Net income PLN m 911.8 681.4 649.3 927.9 39.4
Income tax expense PLN m 197.8 40.5 -97.9 -561.5 -101.4
Financial income PLN m -954.9 -23.4 -22.3 -302.0 -135.2
Financial costs PLN m 303.9 381.5 559.3 248.4 342.6
Interest in investments in associated undertakings PLN m -8.2 -18.6 -2.9 0.0 1.0
EBIT PLN m 450.4 1 061.4 1 085.5 312.8 146.5
Depreciation and amortization PLN m 284.8 389.9 608.6 666.5 656.1
EBITDA PLN m 735.2 1 451.3 1 694.1 979.3 802.6
EBIT margin, % % 3.15 5.40 3.71 0.94 0.51
EBITDA margin, % % 5.13 7.38 5.79 2.96 2.81
 
Return on equity
Stockholders’ equity PLN m 6 846.2 7 513.5 7 782.4 9 066.4 9 189.6
Net income PLN m 911.8 681.4 649.3 927.9 39.4
Return on equity % 13.32 9.06 8.34 10.23 0.43
 
Return on assets
Assets PLN m 15 216.0 17 727.4 20 396.6 20 027.6 20 299.6
Net income PLN m 911.8 681.4 649.3 927.9 39.4
Return on assets % 5.99 3.84 3.18 4.63 0.19
Stopa zwrotu z kapitału zaangażowanego (ROACE)

 
Operating profit mln zł 450.4 1 061.4 1 085.5 312.8 146.5
Effective income tax rate % 19.0 19.0 19.0 19.0 19.0
Stockholders’ equity mln zł 6 846.2 7 513.5 7 782.4 9 066.4 9 189.6
Net debt mln zł 5 346.1 5 944.2 7 205.0 6 288.4 5 707.7
ROACE % 2.99 6.38 5.86 1.65 0.80

 

EBIT margin - operating profit/(loss) to net sales
EBITDA margin - EBITDA to net sales
Pretax margin - pretax margin to net sales
Net margin - net profit/(loss) to net sales
Return on equity (ROE) - net profit/(loss) to equity at the end of period
Return on assets (ROA) - net profit/(loss) to assets at the end of period
Return on average capital employed (ROACE) - operating profit/(loss) after tax to equity plus net debt (as at the end of the period)