Current Report No. 53/2013: Expenditure incurred on debt portfolios purchased by the KRUK Group in Q2 2013
Current Report No. 53/2013
Date of the report: July 10th 2013
Subject: Expenditure incurred on debt portfolios purchased by the KRUK Group in Q2 2013
Legal basis: Art. 56.1.2 of the Public Offering Act – current and periodic information
Text of the report:
In connection with the disclosure policy launched and described in Current Report No. 39/2012 of October 10th 2012, the Management Board of KRUK S.A. (the “Company”) reports that on July 10th 2013 it adopted a resolution specifying the nominal value of debt portfolios purchased in Q2 2013 and the amount of related capital expenditure. The total value of expenditure incurred on debt portfolios purchased by the KRUK Group (the “Group”) in Poland and abroad in Q2 2013 amounted to PLN 135m. The nominal value of debt portfolios purchased by the Group in the period amounted to PLN 1,28bn. In comparison, the total value of capital expenditure incurred on debt portfolios purchased by the Group in Poland and abroad in Q2 2012 was PLN 84m, with the nominal value of the debt amounting to PLN 890m.
In H1 2013, capital expenditure totalled PLN 184m. The nominal value of debt portfolios purchased by the Group in the period amounted to PLN 1,64bn. In comparison, the total value of capital expenditure incurred on debt portfolios purchased by the Group in Poland and abroad in H1 2012 was PLN 96m, with the nominal value of the debt amounting to PLN 1.11bn.
The Company further reports that details concerning the financial results achieved by the Company and the Group in the second quarter of the financial year 2013 will be given in the extended consolidated interim report for H1 2013, scheduled for publication on September 2nd 2013.
Detailed legal basis: Par. 5.1.25 of the Regulation of the Minister of Finance of February 19th 2009 on current and periodic information to be published by issuers of securities […].