Financial results

Selected financial information (thous. PLN) 2019 2018 2017
Revenues from sales 12 336,5 10 325,5 9 484,9
Profit (-loss) on Sales 1 100,5 -4 939,6 -1 927,4
Profit (-loss) on Operating activities 1 760,1 -4 426,9 797,8
EBITDA growth rate 6 621,0 1 873,3 5 012,7
Profit (-loss) before taxation 615,9 -5 387,8 -1 068,3
Net profit (-loss) 421,0 -5 448,9 -8 251,9
Equity 16 384,7 15 025,8 15 692,6
Short-term liabilities 13 261,4 3 126,3 3 736,1
Deferred expenses 207,8 568,3 495,5
Fixed assets 33 177,6 31 203,3 27 818,9
Current assets 5 237,6 3 483,1 10 733,3
Cash flows from operating activities 4 261,8 4 612,4 3 137,5
Cash flows from investment activities -6 679,9 -9 706,0 -8 296,9
Cash flows from financing activities 3 245,2 -1 293,7 7 775,2
Net cash flows 827,1 -6 387,3 2 615,9