Correction: Interim Reports 4Q 2023
The Management Board of KRUK S. A. publishes audited KRUK Group’s report for the period January 1st- December 31th 2023, issued on March 26th 2024.
The report consists of three parts:
- KRUK Group FS 2023
- KRUK FS 2023
- Directors’ report on the operations of the Kruk Group and KRUK
The report differs from once published on February 27, 2024 by creating a provision for the result of the tax inspection in the parent entity KRUK, which reduced net profit from PLN 1,012,488 into PLN 983,934.
As at the date of issue of these financial statements, the Company has not yet received the inspection report and the provision has been created as an estimate by the Management Board based on the scenario method.
Financial highlights
|
Financial highlights |
PLN '000 |
EUR '000 |
||
|
For the period |
1 Jan–31 |
1 Jan–31 |
1 Jan–31 |
1 Jan–31 |
|
Revenue |
2,592,580 |
2,145,790 |
572,516 |
457,690 |
|
Operating profit |
1,327,158 |
1,042,841 |
293,074 |
222,435 |
|
Profit before tax |
1,037,474 |
863,710 |
229,104 |
184,227 |
|
Net profit attributable to owners of the Parent |
983,934 |
804,982 |
217,281 |
171,700 |
|
Net cash from operating activities |
(785,251) |
(567,772) |
(173,406) |
(121,104) |
|
Purchase of debt portfolios at prices as per agreement |
2,972,231 |
2,311,072 |
656,353 |
492,945 |
|
Cash recoveries |
3,062,473 |
2,627,343 |
676,281 |
560,404 |
|
Net cash from investing activities |
(23,328) |
(32,271) |
(5,151) |
(6,883) |
|
Net cash from financing activities |
994,880 |
603,039 |
219,698 |
128,626 |
|
Net change in cash |
186,301 |
2,996 |
41,141 |
639 |
|
Diluted earnings per share (PLN/EUR) |
48.37 |
40.71 |
10.68 |
8.68 |
|
Average number of shares (‘000) |
19,319 |
19,136 |
19,319 |
19,136 |
|
Earnings per share (PLN/EUR) |
50.93 |
42.07 |
11.25 |
8.97 |
|
|
|
|
|
|
|
As at |
31 Dec 2023 |
31 Dec 2022 |
31 Dec 2023 |
31 Dec 2022 |
|
Total assets |
9,928,505 |
7,681,082 |
2,283,465 |
1,637,792 |
|
Non-current liabilities |
5,385,216 |
3,729,520 |
1,238,550 |
795,224 |
|
Current liabilities |
752,479 |
698,265 |
173,063 |
148,887 |
|
Equity |
3,790,810 |
3,253,297 |
871,851 |
693,682 |
|
Share capital |
19,319 |
19,319 |
4,443 |
4,119 |
|
Book value per ordinary share |
196.22 |
168.40 |
45.13 |
35.91 |