Annual report 2008 - Polkomtel

Profit and loss account
T h e l a r g e s t
n e t w o r k i n P o l a n d
for the period 01.01.2008
31.12.2008
01.01.2007
31.12.2007
I. Sales and sales equivalents, including: 8 482 085 193,95 7 799 020 455,35
• from affiliates 200 688 718.22 70 362 609.12
1. Net income from sale of products 8 318 371 507.60 7 623 507 020.37
1.1. Income from sale of goods 0.00 0.00
1.2. Income from sale of services 8 318 371 507.60 7 623 507 020.37
2. Products movements 0.00 0.00
3. Company’s own work capitalized 0.00 0.00
4. Net income from sale of goods and materials 163 713 686.35 175 513 434.98
4.1. Income from sale of telephones 153 313 350.10 165 076 767.90
4.2. Income from sale of other goods and materials 10 400 336.25 10 436 667.08
II. Operating costs 6 623 637 994.96 6 106 199 468.62
• to affiliates 121 840 846.18 22 442 656.28
1. Depreciation 1 211 220 245.29 1 053 883 568.24
2. Materials and energy consumed 74 194 047.65 63 028 502.69
3. Third party services 3 111 271 298.18 3 049 698 865.59
4. Taxes and fees 58 228 663.78 48 585 892.51
5. Payroll 352 567 909.97 301 768 912.78
6. Social security and other employee benefits 65 414 293.60 62 399 998.82
7. Other costs by type 303 390 723.33 294 963 963.72
8. Value of goods and materials sold 1 447 350 813.16 1 231 869 764.27
8.1. Value of telephones sold 1 263 123 777.29 1 075 269 986.19
8.2. Value of other goods 184 227 035.87 156 599 778.08
III. Profit (loss) on sales (I – II) 1 858 447 198.99 1 692 820 986.73
IV. Other operating income 333 640 069.59 251 485 771.96
1. Profit on disposal of non-financial non-current assets 259 705.56 1 702 770.57
2. Subventions 0.00 0.00
3. Other operating income 333 380 364.03 249 783 001.39
V. Other operating costs 305 640 324.14 174 746 317.19
1. Loss on disposal of non-financial non-current assets 0.00 0.00
2. Revaluation of non-financial assets 93 858 803.55 68 989 380.19
2.1. Allowances for revaluation of receivables 82 384 042.30 60 099 473.11
2.2. Other revaluation allowances 11 474 761.25 8 889 907.08
3. Other operating costs 211 781 520.59 105 756 937.00
VI. Profit (loss) on operations (III + IV – V) 1 886 446 944.44 1 769 560 441.50
VII. Financial income 138 431 684.85 119 555 996.89
1. Dividends and interest in profits received, including: 0.00 0.00
• from affiliates 0.00 0.00
2. Interest received, including: 37 357 538.98 31 527 305.56
• from affiliates 0.00 0.00
3. Profit on disposal of investments 12 319 977.48 10 415 859.69
4. Revaluation of investments 80 006 786.23 25 605 323.06
5. Other 8 747 382.16 52 007 508.58
5.1. Positive exchange rate differences – exchange rate gains 0.00 42 105 024.04
5.2. Other financial income 8 747 382.16 9 902 484.54
5.2.1. Other financial income 1 469 350.62 535 382.52
5.2.2. Interest accrued 7 278 031.54 9 367 102.02
VIII. Financial costs 349 292 951.51 187 400 939.90
1. Interest including: 169 221 099.38 144 756 424.25
• for affiliates 0.00 0.00
1.1. Interest on credits and loans 89 756 906.29 66 167 404.86
1.1.1. Interest on credits and loans accrued 7 590 267.13 3 375 572.62
1.1.2. Interest on credits and loans paid 82 166 639.16 62 791 832.24
1.2. Other interest 79 464 193.09 78 589 019.39
1.2.1. Other interest accrued 47 036 418.20 48 585 971.22
1.2.2. Other interest paid 32 427 774.89 30 003 048.17
2. Loss on disposal of investments 0.00 19 292 844.00
3. Revaluation of investments 10 900 000.00 13 852 488.49
4. Other 169 171 852.13 9 499 183.16
4.1. Negative exchange rate differences – exchange rate loss 161 865 239.24 0.00
4.2. Other financial costs 7 306 612.89 9 499 183.16
IX. Profit (loss) on business (VI+VII-VIII) 1 675 585 677.78 1 701 715 498.49
X. Extraordinary result (X.1.-X.2.) 0.00 0.00
1. Extraordinary earnings 0.00 0.00
2. Extraordinary loss 0.00 0.00
XI. Gross profit (loss) (IX + X) 1 675 585 677.78 1 701 715 498.49
XII. Income tax 316 491 668.49 344 785 384.34
1. Income tax 367 001 111.00 463 761 656.00
2. Difference between balance sheet and payable income tax (50 509 442.51) (118 976 271.66)
XIII. Other mandatory deductions from profit (increases in loss) 0.00 0.00
XIV. Net profit (loss) 1 359 094 009.29 1 356 930 114.15
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POLKOMTEL S.A. – ANNUAL REPORT 2008
POLKOMTEL S.A. – ANNUAL REPORT 2008 55