KSG Agro S.A.
Current report No. 10/2012
dated 24 April, 2012
Preliminary overview of KSG Agro S.A. 2011 financial results
The Board of Directors of KSG Agro S.A. (the “Company”) is pleased to publish management account
figures for year 2011, which are not audited yet. Currently they are being audited and once the audit is
finalized the Company will publish the formal annual report on the date as previously indicated.
In 2011 the Company’s revenues increased more than twice yoy, to USD 36 mln
USD thousand
For the 12 months ended / As of 31
December
Income Statement summary
2011*
Income
34,665
EBITDA
30,767
Profit for the period
28,156
Balance Sheet summary
Property, plant and equipment
53,982
Total non-current assets
73,510
Cash and cash equivalents
5,502
Inventories
14,800
Current biological assets
13,363
Total current assets
49,206
Total assets
122,716
Total equity
90,771
Loans and borrowings
5,780
Total non-current liabilities
6,345
Loans and borrowings
13,078
Total current liabilities
25,600
Total equity and liabilities
122,716
Net debt/EBITDA
0.44
Return of equity
0.55
Current ratio
1.92
*Notice: The presented financial results for 2011 are unaudited management accounts. The Group’
management believes that audited accounts will be of no material difference from its management
accounts
Legal grounds: Article 56.1 of Polish Act of 29 July 2005 on Public Offering, Conditions Governing the
Introduction of Financial Instruments to Organized Trading, and Public Companies, and Article 14 of the
Luxembourg law of 11 January 2008 relating to the transparency requirements in relation to information about
issuers whose securities are admitted to trading on a regulated market.
Signature of individuals authorized to represent the Company:
Alexandr Perov