Arctic Paper Spółka Akcyjna financials
Arctic Paper Spółka Akcyjna
Country: PL Reporting currency: PLN Latest annual report: 2023-12-31
LEI:
259400OI92UBLS9RJK55 Financial statements
(PLN, as reported — unscaled; 125 line items across 2 annual periods)
| Line item | 2023 | 2022 |
|---|---|---|
| Income statement | ||
| Revenue | PLN 3.55B | PLN 4.89B |
| Cost of sales | PLN 2.80B | PLN 3.48B |
| Gross profit | PLN 745.7M | PLN 1.41B |
| Other income | PLN 129.4M | PLN 85.8M |
| Distribution costs | PLN 341.0M | PLN 445.2M |
| Administrative expenses | PLN 124.1M | PLN 138.8M |
| Operating profit (EBIT) | PLN 357.1M | PLN 843.0M |
| Finance costs | PLN 31.2M | PLN 8.2M |
| Profit before tax | PLN 340.9M | PLN 927.6M |
| Income tax expense | PLN 68.5M | PLN 170.8M |
| Profit for the year | PLN 272.4M | PLN 756.8M |
| — attributable to owners | PLN 247.1M | PLN 631.0M |
| — attributable to NCI | PLN 25.3M | PLN 125.8M |
| Total comprehensive income | -PLN 21.7M | PLN 857.0M |
| Per share | ||
| Basic EPS | PLN 3.57 | PLN 9.11 |
| Diluted EPS | PLN 3.57 | PLN 9.11 |
| Free cash flow / share | PLN 3.55 | PLN 5.45 |
| Cash flow statement | ||
| Cash generated from operations | PLN 558.0M | PLN 672.3M |
| Net cash from operating activities | PLN 471.2M | PLN 607.4M |
| Income taxes paid | PLN 86.8M | PLN 64.9M |
| Net cash from investing activities | -PLN 146.7M | -PLN 155.9M |
| Net cash from financing activities | -PLN 288.9M | -PLN 124.6M |
| Dividends paid | PLN 228.9M | PLN 47.8M |
| Proceeds from borrowings | PLN 39.6M | PLN 0 |
| Repayments of borrowings | PLN 80.8M | PLN 48.0M |
| Lease liability payments | PLN 9.8M | PLN 6.8M |
| Net change in cash | PLN 35.5M | PLN 326.9M |
| Balance sheet | ||
| Total assets | PLN 2.72B | PLN 3.25B |
| Non-current assets | PLN 1.29B | PLN 1.37B |
| Property, plant & equipment | PLN 1.17B | PLN 1.13B |
| Intangible assets & goodwill | PLN 8.2M | PLN 8.8M |
| Current assets | PLN 1.43B | PLN 1.88B |
| Inventories | PLN 444.9M | PLN 601.2M |
| Trade & other receivables | PLN 415.4M | PLN 503.4M |
| Cash & equivalents | PLN 500.4M | PLN 481.9M |
| Total equity | PLN 1.80B | PLN 2.05B |
| — attributable to owners | PLN 1.44B | PLN 1.59B |
| Non-controlling interests | PLN 358.1M | PLN 464.6M |
| Non-current liabilities | PLN 279.8M | PLN 395.4M |
| Current liabilities | PLN 641.6M | PLN 806.9M |
| Trade & other payables | PLN 447.9M | PLN 551.2M |
| Deferred tax liabilities | PLN 121.2M | PLN 177.8M |
| Derived metrics | ||
| Free cash flow | PLN 271.0M | PLN 452.5M |
| Operating margin | 10.1% | 17.2% |
| Net margin | 7.7% | 15.5% |
| Return on equity | 15.1% | 36.9% |
| Cash conversion ratio | 1.73× | 0.80× |
| Capex coverage | 2.35× | 3.92× |
| Other reported items | ||
| Adjustments For Decrease Increase In Inventories | PLN 129.8M | -PLN 223.4M |
| Adjustments For Decrease Increase In Trade and Other Receivables | PLN 64.9M | -PLN 124.0M |
| Adjustments For Depreciation and Amortisation Expense | PLN 118.2M | PLN 131.0M |
| Adjustments For Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | PLN 0 | PLN 0 |
| Adjustments For Increase Decrease In Deferred Income Other Than Contract Liabilities | -PLN 7.8M | PLN 4.9M |
| Adjustments For Increase Decrease In Employee Benefit Liabilities | -PLN 17.8M | -PLN 26.7M |
| Adjustments For Increase Decrease In Trade and Other Payables | -PLN 96.2M | PLN 89.4M |
| Adjustments For Losses Gains On Disposal of Noncurrent Assets | PLN 2.3M | PLN 1.7M |
| Adjustments For Provisions | PLN 4.8M | -PLN 8.9M |
| Adjustments For Reconcile Profit Loss | PLN 217.1M | -PLN 255.3M |
| Adjustments For Unrealised Foreign Exchange Losses Gains | -PLN 4.6M | PLN 7.4M |
| Cash Flows From Used In Increase Decrease In Current Borrowings | PLN 0 | -PLN 18.3M |
| Cash Receipts From Future Contracts Forward Contracts Option Contracts and Swap Contracts Classified As Investing Activities | PLN 61.0M | PLN 0 |
| Changes In Equity | -PLN 250.7M | PLN 809.2M |
| Comprehensive Income Attributable To Noncontrolling Interests | -PLN 64.6M | PLN 153.8M |
| Comprehensive Income Attributable To Owners of Parent | PLN 42.9M | PLN 703.2M |
| Current Borrowings and Current Portion of Noncurrent Borrowings | PLN 43.9M | PLN 35.4M |
| Current Deferred Income Other Than Current Contract Liabilities | PLN 8.7M | PLN 14.8M |
| Current Provisions For Employee Benefits | PLN 105.5M | PLN 133.2M |
| Current Tax Assets Current | PLN 847.0K | PLN 633.0K |
| Current Tax Liabilities Current | PLN 29.5M | PLN 55.0M |
| Deferred Tax Assets | PLN 3.2M | PLN 5.2M |
| Dividends Paid To Equity Holders of Parent Classified As Financing Activities | PLN 187.1M | PLN 27.7M |
| Dividends Paid To Noncontrolling Interests Classified As Financing Activities | PLN 41.8M | PLN 20.1M |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners | PLN 69.3M | — |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners Per Share | PLN 1.00 | — |
| Dividends Recognised As Distributions To Owners Per Share | PLN 0.00 | — |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | -PLN 17.0M | -PLN 12.9M |
| Equity and Liabilities | PLN 2.72B | PLN 3.25B |
| Finance Income | PLN 15.1M | PLN 92.8M |
| Gains Losses On Cash Flow Hedges Before Tax | -PLN 224.6M | PLN 467.0M |
| Income Tax Relating To Cash Flow Hedges of Other Comprehensive Income | -PLN 50.4M | PLN 43.9M |
| Income Tax Relating To Components of Other Comprehensive Income That Will Be Reclassified To Profit Or Loss | -PLN 50.4M | PLN 43.9M |
| Income Tax Relating To Components of Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss | PLN 174.0K | -PLN 438.0K |
| Income Tax Relating To Remeasurements of Defined Benefit Plans of Other Comprehensive Income | PLN 174.0K | -PLN 438.0K |
| Increase Decrease In Cash and Cash Equivalents | PLN 18.5M | PLN 314.0M |
| Increase Decrease Through Appropriation of Retained Earnings | PLN 0 | — |
| Inflows of Cash From Investing Activities | PLN 41.5M | PLN 0 |
| Intangible Assets Other Than Goodwill | PLN 58.5M | PLN 63.9M |
| Interest Paid Classified As Financing Activities | PLN 8.3M | PLN 3.6M |
| Interest Received Classified As Investing Activities | PLN 531.0K | PLN 0 |
| Investment Property | PLN 1.8M | PLN 1.8M |
| Investments In Joint Ventures Accounted For Using Equity Method | PLN 4.9M | PLN 4.3M |
| Issued Capital | PLN 69.3M | PLN 69.3M |
| Liabilities | PLN 921.4M | PLN 1.20B |
| Noncurrent Government Grants | PLN 8.1M | PLN 10.5M |
| Noncurrent Portion of Noncurrent Loans Received | PLN 79.3M | PLN 139.2M |
| Noncurrent Provisions For Employee Benefits | PLN 41.1M | PLN 43.5M |
| Other Adjustments To Reconcile Profit Loss | -PLN 410.0K | -PLN 336.0K |
| Other Cash Payments To Acquire Equity Or Debt Instruments of Other Entities Classified As Investing Activities | PLN 11.5M | PLN 0 |
| Other Comprehensive Income | -PLN 294.1M | PLN 100.2M |
| Other Comprehensive Income Before Tax | -PLN 344.4M | PLN 143.7M |
| Other Comprehensive Income Before Tax Cash Flow Hedges | -PLN 245.6M | PLN 213.0M |
| Other Comprehensive Income Before Tax Exchange Differences On Translation | -PLN 99.0M | -PLN 71.3M |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | PLN 282.0K | PLN 1.9M |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Before Tax | -PLN 344.6M | PLN 141.7M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Before Tax | PLN 282.0K | PLN 1.9M |
| Other Current Financial Assets | PLN 51.8M | PLN 283.4M |
| Other Current Financial Liabilities | PLN 4.9M | PLN 8.1M |
| Other Current Nonfinancial Assets | PLN 17.2M | PLN 12.0M |
| Other Expense By Function | PLN 53.0M | PLN 69.6M |
| Other Inflows Outflows of Cash Classified As Financing Activities | -PLN 795.0K | PLN 1.0K |
| Other Inflows Outflows of Cash Classified As Investing Activities | PLN 409.0K | -PLN 1.0M |
| Other Longterm Provisions | PLN 5.1M | PLN 1.3M |
| Other Noncurrent Financial Assets | PLN 49.4M | PLN 162.6M |
| Other Noncurrent Financial Liabilities | PLN 24.9M | PLN 23.2M |
| Other Noncurrent Nonfinancial Assets | PLN 158.0K | PLN 277.0K |
| Other Shortterm Provisions | PLN 1.2M | PLN 9.2M |
| Outflows of Cash From Investing Activities | PLN 41.5M | PLN 0 |
| Proceeds From Disposals of Property Plant and Equipment Intangible Assets Other Than Goodwill Investment Property and Other Noncurrent Assets | PLN 3.0M | PLN 0 |
| Profit Loss From Continuing Operations | PLN 272.4M | PLN 756.8M |
| Purchase of Property Plant and Equipment Intangible Assets Other Than Goodwill Investment Property and Other Noncurrent Assets | PLN 200.2M | PLN 154.9M |
| Reclassification Adjustments On Cash Flow Hedges Before Tax | PLN 21.0M | PLN 254.0M |
| Reserve of Exchange Differences On Translation | -PLN 107.3M | -PLN 39.8M |
| Retained Earnings | PLN 862.0M | PLN 837.7M |
| Revenue From Sale of Goods | PLN 3.55B | PLN 4.89B |
| Statutory Reserve | PLN 443.8M | PLN 408.0M |
Methodology
Every line item above is a fact tagged in Arctic Paper Spółka Akcyjna's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (PLN), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.