Annual Report 2017: 11 bit studios

1. 01
   11 bit studios S.A. focused heavily on "Frostpunk" in 2017, anticipating it will drive financial results for years, with its release scheduled for April 24, 2018.See it on page 2
2. 02
   The company continued developing "This War of Mine" in 2017, releasing the "Fathers Promise" DLC on November 14, with two more "TWoM: Stories" DLCs planned for 2018. They also began work on a new game, "Projekt 8," involving a 20-person team, to be released after "Frostpunk."See it on page 44
3. 03
   11 bit publishing released two external games in 2017: "Beat Cop" (March 30) and "Tower 57" (November 16), with external game sales contributing over 10% to total revenue and recouping investment within months.See it on page 2
4. 04
   Operating profit for 2017 was 7,619,936 PLN, a 50.69% decrease from 15,454,560 PLN in 2016, despite a 5.64% increase in operating costs to 11,845,351 PLN (from 11,212,540 PLN in 2016) and increased promotional spending.See it on page 50
5. 05
   11 bit studios S.A. sold its 100% stake in subsidiary Games Republic Limited to Lousva Trading Limited on April 11, 2017, dissolving the 11 bit studios S.A. Capital Group.See it on page 7
6. 06
   The company's stock performed well in 2017, increasing by nearly 34.9% on the GPW, outperforming the WIG index which gained 23.2%.See it on page 55
7. 07
   11 bit studios S.A. donated 485,823 PLN to the War Child foundation in 2017, an increase from 299,288 PLN in 2016.See it on page 68

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