Current report no 11 / 2012

Current report no 11 / 2012 - 22 February 2012 / 00:00

Selected financial data of the Budimex Group for the 2011

Due to the submission of financial information to Grupo Ferrovial S.A., an entity dominant over Budimex S.A., the Management Board of Budimex S.A. publishes selected financial data from the consolidated financial statement of the Budimex Group prepared in accordance with the International Financial Reporting Standards (IFRS) for year 2011 and comparable data for the year 2010.

  • Net revenues from the sale of products, goods and materials: PLN 5,516,675,000 as compared to PLN 4,430,269,000 in 2010
  • Operating profit: PLN 319,436,000 as compared to PLN 331,366,000 in 2010
  • Gross profit: PLN 326,579,000 as compared to PLN 331,752,000 in 2010
  • Net profit for the shareholders of the parent entity: PLN 260,874,000 as compared to 267,409,000 in 2010
  • Furthermore, the Management Board of Budimex SA reports that the order portfolio of Budimex Group as of the end of 2011 was PLN 8,567,000,000
  • In 2011 the real property development segment (Budimex Nieruchomości) presold 682 flats (bookings not included) and sold 388 premises by notarial deed
  • The net value of construction contracts signed by Budimex SA in 2011 was PLN 5.3 billion
  • The net cash position of the Budimex Group, covering financial funds and short-term securities, less the external sources of financing, as at 31 December 2011 was PLN 1,576,306,000. The net cash position of the Budimex Group as at 31 December 2011 was PLN 1,744,852,000

The enclosed table includes results of the reportable segments for 2011 and comparable data for 2010.