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Key Insights
PCF Group Supervisory Board Report for Financial Year 2022
PCF Group~10 min full read
- 01
PCF Group S.A. reported a standalone net profit of 42.34 million PLN and a consolidated net profit of 21.98 million PLN for the 2022 fiscal year.
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Despite achieving profitability, the company experienced significant negative net cash flows of 41.34 million PLN on a standalone basis and 69.12 million PLN on a consolidated basis.
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The Supervisory Board has recommended that the entirety of the 2022 net profit be allocated to the company’s supplementary capital rather than distributed as dividends.
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As of December 31, 2022, the company held total assets valued at 324.53 million PLN standalone and 350.80 million PLN on a consolidated basis.
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The Supervisory Board formally verified that the financial statements and management reports for 2022 comply with the Polish Commercial Companies Code and International Financial Reporting Standards.
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The Board expressed satisfaction with the Management Board's performance, specifically regarding their handling of corporate resolutions, investment progress, and operational status throughout 2022.
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