Current report no 13 / 2016

Selected financial information of the Budimex Group for 2015

In connection with providing the financial information to the holding entity of Budimex S.A., i.e. Ferrovial SA, the Management Board of Budimex SA hereby discloses to the general public some selected financial information from the consolidated financial statements of the Budimex Group, compiled in compliance with the International Financial Reporting Standards (IFRS) for 2015 and the comparable figures for 2014.
Net revenues from sales of products and services, goods and materials: PLN 5,133,994 thousand compared with PLN 4,949,939 thousand in 2014.
Gross profit on sales: PLN 492,714 thousand compared with PLN 432,680 thousand in 2014.
Operating profit: PLN 292,218 thousand compared with PLN 247,318 thousand in 2014.
Gross profit: PLN 296,801 thousand compared with PLN 242,619 thousand in 2014.
Net profit attributable to shareholders of the holding entity: PLN 235,846 thousand compared with PLN 191,973 thousand in 2014.
In 2015, the development segment (Budimex Nieruchomości Sp. z o.o.) pre-sold 1,918 apartments net (excluding reservations) and sold 908 flats upon notarial agreements.
The Group’s portfolio of orders at the end of 2015 was PLN 8.4 billion.
The value of contracts signed by Budimex Group in 2015 was PLN 7.1 billion. The net cash position of the Budimex Group, including own cash and short-term securities less external borrowings, stood at PLN 2,295 million as at 31 December 2015. As at 31 December 2014, the net cash position of the Budimex Group was PLN 1,716 million.
The attached table contains the results of reported segments for 2015 and comparable figures for 2014.