Correction of the published annual consolidated report on the operations of the CCC S.A. Capital Group for 2018
(Current report No. 18/2019)
25.03.2019 /Issuer/
Legal basis:
Article 56, paragraph 1, point 2 of the Act on the Offer - current and periodic information
Board of CCC S.A. with its registered office in Polkowice (hereinafter: "Company") hereby hands over the adjustment of the annual consolidated report on the operations of the CCC S.A. Capital Group published on 14.03.2018, for the period from 01.01.2018 to 31.12.2018 (hereinafter: "Report"). The adjustment resulting from a typographical error, includes the data:
- in the table on page 57 of the Report "Data on the division of sales by branches continuing operations and newly opened or closed",
- in the table on page 76 of the Report "Calculation of the EBITDA debt ratio and EBITDA reconciliation ".
In the attachment, the Company submits Erratum to the published Report containing the corrected data.
At the same time, the Company presents for a better understanding the data in the Report:
- in the table on page 63 "Settling the adjusted net profit" added the column, giving the appropriate headings to the individual columns:
Page 63: Settling the adjusted net profit
|
|
continuing operations + discontinued operations |
|
Net profit |
110,00 |
|
The effects of business restructuring |
0,00 |
|
Recognition of deferred tax assets related to trademarks and goodwill and investment relief |
-1,60 |
|
Advisory costs |
0,00 |
|
The costs of the incentive scheme |
-25,80 |
|
Adjusted net profit |
137,40 |
- in the table on page 78 "Current liquidity indicator" provides a table in which indicators were calculated excluding the assets and liabilities related to the group to be disposed:
Page 78: „Current liquidity indicator”
|
|
31.12.2018 |
31.12.2018 without IFRS 16 |
31.12.2017 |
|
Inventory |
1 806,1 |
1 806,1 |
1 417,7 |
|
(+) Receivables from customers and other receivables |
476,6 |
476,6 |
286,5 |
|
(+) Cash and cash equivalents |
375,8 |
375,8 |
511,6 |
|
= Assets |
2 658,5 |
2 658,5 |
2 215,8 |
|
Current debt liabilities |
806,8 |
806,8 |
481,1 |
|
(+) Liabilities due to suppliers and other liabilities |
1 167,5 |
1 167,5 |
429,0 |
|
(+) Provisions and grants |
19,6 |
19,6 |
13,7 |
|
(+) Liabilities due to leasing |
425,2 |
0,0 |
0,0 |
|
= Current liabilities |
2 419,1 |
1 993,9 |
923,8 |
|
Current liquidity indicator (current assets / current liabilities) |
1,10 |
1,33 |
2,40 |
The Management Board of the Company simultaneously informs that the adjustments made are of apparent typographical errors, as well as the indication of additional data for a better understanding of the Report, and therefore they do not affect the picture of financial data presented in the annual consolidated report on CCC S.A.
The legal basis for the submission of this report is art. 56 section 1 point 2 of the Act on Public Offering, Conditions Governing the Introduction of Financial Instruments of Organized Trading and Public Companies in connection with § 15 paragraph 4 of the Regulation of the Minister of Finance on 29.03.2018, regarding current and periodic information [...]