Key Financials 2006-8  (Please Register for 2008 data)

All Financial Data in US Dollars.
PKN Orlen Data Growth
  2006 2007 2008 2007 2008
 Corporate Financials
  Key Financials
     Summary Income Statement (mln)
       Net Sales Revenues 17,085.5 23,334.3 33,505.3   +36.6% +43.6%  
       EBITDA 1,549.1 2,032.9 -116.4   +31.2% n/a  
       EBITDA (normalised) 1,548.5 2,032.9 805.5   +31.3% -60.4%  
       EBIT 867.8 1,143.5 -1,166.0   +31.8% n/a  
       EBIT (normalised) 867.2 1,143.5 -244.1   +31.9% n/a  
       EBITDAX 1,549.1 2,032.9 -116.4   +31.2% n/a  
       Pre-tax Profit 810.7 1,003.6 -1,340.5   +23.8% n/a  
       Net Income 641.8 882.4 -1,055.4   +37.5% n/a  
       Net Income (Normalised) 641.3 882.4 -308.7   +37.6% n/a  
 
     Balance Sheet Items (mln)
       Cash & short term securities 807.3 612.0 456.3   -24.2% -25.5%  
       Gross Debt- Including Operating Leases -3,601.4 -4,216.5 -4,715.5   +17.1% +11.8%  
       Net (Debt) Cash - Including Operating Leases -2,794.1 -3,604.5 -4,259.2   +29.0% +18.2%  
       Shareholders' Funds 7,410.2 9,220.9 6,968.8   +24.4% -24.4%  
       Capital employed 11,011.6 13,437.4 11,684.3   +22.0% -13.0%  
 
     Cash Flow Items (mln)
       Operating Cash Flow 1,193.6 718.8 1,523.6   -39.8% +112.0%  
       Net Cash Flow before Financing -986.7 -321.9 -323.6   -67.4% +0.5%  
       Free Cash Flow 955.8 723.2 -353.9   -24.3% n/a  
 
     Per Share Data
       EPS Reported 1.50 2.06 -2.47   +37.49% n/a  
       EPS (Normalised) 1.50 2.06 -0.72   +37.59% n/a  
       Dividend per Share 0.00 0.00 -   +0.00% -  
       Sales per Share 39.95 54.56 78.34   +36.57% +43.59%  
       EBIT per Share 2.03 2.67 -2.73   +31.77% n/a  
       EBITDA per Share 3.62 4.75 -0.27   +31.23% n/a  
       Operating Cash Flow per Share 2.79 1.68 3.56   -39.78% +111.98%  
       Op. Cash Flow per Share bef. working cap.changes 3.16 4.10 2.23   +29.66% -45.71%  
       Book Value per Share 15.13 19.04 14.14   +25.82% -25.76%  
 
     Key Ratios (%)
       Operating Margin 85.4% 87.9% 85.4%   +2.9% -2.8%  
       Net Margin 3.8% 3.8% -3.1%   +0.7% n/a  
       Effective Tax Rate 26.7% 19.3% 12.2%   -27.5% -36.8%  
       ROACE (pre-tax & pre non-recurring) % 9.5% 9.4% -1.9%   -1.3% n/a  
       Return on Equity 11.1% 12.1% -14.8%   +8.9% n/a  
       Net Debt to Equity (Inc Operating Lease) 43.2% 44.3% 70.4%   +2.5% +59.2%  
 
     Valuation Measures
       Price Earnings Ratio (x) - Historic 10.9 10.3 -3.5   -5.8% n/a  
       Price Earnings Ratio (x) - Latest 12.2 8.9 -7.5   -27.3% n/a  
       EV/EBITDA (x) - Historic 7.5 7.1 -80.7   -5.2% n/a  
       EV/EBITDA (x) - Latest 8.4 6.4 -111.5   -23.8% n/a  
       Price to Op. Cash Flow (x) - Historic 5.9 12.6 2.5   +115.0% -80.5%  
       Price to Op. Cash Flow (x) - Latest 6.6 10.9 5.2   +66.1% -52.7%  
       Price to Book (x) - Historic 1.1 1.1 0.6   +2.9% -44.5%  
       Price to Book (x) - Latest 1.2 1.0 1.3   -20.5% +34.7%  
       Market Capitalisation - Historic (mln) 7,004.8 9,067.9 3,735.3   +29.5% -58.8%  
       Market Capitalisation - Latest (mln) 7,851.6 7,851.6 7,851.6   +0.0% +0.0%  
       Enterprise Value - Gross - Historic (mln) 11,544.0 14,361.7 9,373.5   +24.4% -34.7%  
       Enterprise Value - Gross - Latest (mln) 12,951.7 12,951.7 12,951.7   +0.0% +0.0%  
       Enterprise Value - Net - Historic (mln) 10,736.7 13,749.7 8,917.2   +28.1% -35.1%  
       Enterprise Value - Net - Latest (mln) 12,072.3 12,072.3 12,072.3   +0.0% +0.0%