Talex S A : SA-Q1-2021 EN

TALEX SA

(Full name of the issuer)

TALEX

Informatyka (inf) (sector in

(Abbreviated name of the issuer)

accordance with

classification of Warsaw

Stock Exchange)

61-619

Poznań

(postal code)

(city)

Karpia

27 d

(street)

(number)

061 827 55 00

061 827 55 99

(phone no)

(fax)

biuro@talex.pl

www.talex.com.pl

(e-mail)

(www)

782-00-21-045 (taxpayer

004772751 (Company

registration number)

registration number)

PLN in thds

EUR in thds

SELECTED FINANCIAL DATA

1 quarter(s),

1 quarter(s),

1 quarter(s),

1 quarter(s),

Cumulatively/

Cumulatively/

Cumulatively/

Cumulatively/

2021, from

2020, from

2021, from

2020, from

01.01.2021 until

01.01.2020 until

01.01.2021 until

01.01.2020 until

31.03.2021

31.03.2020

31.03.2021

31.03.2020

I. Net revenues from sales of products,

18,757

21,187

4,102

4,819

goods and materials

II. Profit (loss) from operation activities

-2,491

416

-545

95

III. Gross profit (loss)

-2,520

397

-551

90

IV. Net profit (loss)

-2,574

300

-563

68

V. Net cash flows from

701

-102

153

-23

operating activities

VI. Net

cash flows from

-54

-150

-12

-34

investment activities

VII. Net cash flows from

-3,617

-4,176

-791

-950

financial activities

VIII. Total net cash flows

-2,970

-4,428

-650

-1,007

IX. Total assets (at the end of the current

74,414

84,447

15,968

19,571

quarter and the end of the previous

financial year)

X. Liabilities and provisions for liabilities

20,579

28,038

4,416

6,684

(at the end of the current quarter and the

end of the previous financial year)

XI. Long-term liabilities (at the end of the

2,633

3,735

565

1,014

current quarter and the end of the

previous financial year)

XII. Short-term liabilities (at the end of the

11,424

17,745

2,451

4,285

current quarter and the end of the

previous financial year)

XIII. Shareholder's equity (at the end of

53,835

56,409

11,552

12,819

the current quarter and the end of the

previous financial year)

XIV. Share capital (at the end of the

3,000

3,000

644

704

current quarter and the end of the

previous financial year)

XV. Number of shares (pcs) (at the end

3,000,092

3,000,092

3,000,092

3,000,092

of the current quarter and the end of the

previous financial year)

XVI. Profit (loss) per one common share

0.25

1.07

0.05

0.24

(PLN/EUR)

Diluted profit (loss) per one common

share (PLN/EUR)

XVII. Book value per share (PLN/EUR)

17.95

18.30

3.85

4.02

(at the end of the current quarter and the

end of the previous financial year)

Diluted

book

value

per

share (PLN/EUR) (at the end of the

current quarter and the end of the

previous financial year)

Declared

or paid

dividend

per

0.70

0.60

0.15

0.14

share (PLN/EUR)

PLN in thds

EUR in thds

BALANCE SHEET

As of

As of the end

As of

As of 31.03.2020

31.03.2021

of the

31.12.2020

end of quarter / 2020

end of quarter /

previous

end of the

2021

quarter /

previous year /

2020

I. Fixed assets

58,873

60,013

62,807

1. Intangible assets including:

437

447

483

2. Tangible fixed assets

57,980

59,098

62,016

3. Long-term prepayments

456

468

308

3.1. Deferred tax asset

399

424

267

3.2. Other prepayments

57

44

41

II. Current assets

15,541

24,434

18,253

1. Inventories

989

773

1,200

2. Short-term receivables

11,425

17,741

13,485

2.1. From other entities

11,426

17,741

13,485

3. Short-term investments

2,324

5,294

2,835

3.1. Short-term financial assets

2,324

5,294

2,835

a)

Monetary

assets

and

2,324

5,294

2,835

cash equivalents

4. Short-term prepayments and accrued

803

626

733

income

Total assets

74,414

84,447

81,060

LIABILITIES

I. Equity

53,835

56,409

54,887

1. Share capital

3,000

3,000

3,000

2. Reserve capital

49,787

49,787

49,184

3. Profit (loss) from previous years

3,622

2,404

4. Net profit (loss)

-2,574

3,622

300

II. Liabilities and provisions for liabilities

20,579

28,038

26,173

1. Provisions for liabilities

857

832

747

1.1. Deferred income tax provision

75

47

72

1.2. Provision for retirement and similar

782

782

675

benefits

a) long-term

255

255

267

b) short-term

527

527

408

1.3. Other provisions

3

0

a) short-term

3

0

2. Long-term liabilities

2,633

3,735

4,566

2.1. To other entities

2,633

3,735

4,566

3. Short term liabilities

11,424

17,745

15,615

3.1 To other entities

11,424

17,745

15,615

4. Prepayments and accrued income

5,726

5,245

4.1. Other prepayments and accrued

5,665

5,726

5,245

income

a) Long-term

4,719

4,780

4,964

a) Short-term

946

946

281

Total liabilities

74,414

84,447

81,060

Book value

53,835

56,409

54,887

Number of shares

3,000,092

3,000,092

3,000,092

Book value per share (PLN)

17.95

18.80

18.30

PLN in thds

OFF-BALANCE SHEET ITEMS

As of

As of the end

As of 31.12.2020/

As of

31.03.2021 end

of the

end of the

31.03.2020

of quarter /

previous

previous year /

end of quarter

2021

quarter /

2020

/2020

From remaining entities (on account of)

received guarantees and warranties

1. Contingent liabilities

1,299

1,041

347

From remaining entities, in which the

Issuer holds its share in the capital

1.1. To other entities (on account of)

- received guarantees and securities

1,299

1,041

347

Off-balance items in total

1,299

1,041

347

PLN in thds

1st quarter/

quarters

1st quarter/

quarters,

2021, from

Cumulatively/

2020, from

Cumulatively/

01.01.2021

from until

01.01.2020 until

from until

until

31.03.2020

31.03.2021

I. Net income from sales of products,

18,757

21,187

goods and materials, including:

1. Net income from sales of products

11,192

12,468

2. Net income from sales of goods and

7,565

8,719

materials

II. Costs of sold products, goods and

16,468

17,583

materials, including:

1. Manufacturing cost of sold products

9,578

9,904

2. Value of sold goods and materials

6,890

7,679

III. Gross profit (loss) on sales

2,289

3,604

IV. Sales costs

1,384

1,430

V. General and administrative costs

3,620

3,767

VI. Profit (loss) on sales

-2,715

-1,593

VII. Remaining operating revenues

243

2,043

1. Profit on disposal of non-financial

127

26

fixed assets

2.

Subsidies

-2,491

416

3.

Other operating revenues

23

82

VIII. Remaining operating expenses

7

5

1. Other operating costs

16

77

IX. Profit (loss) on operation activity

52

101

X. Financial revenues

52

100

1. Interest, including:

1

2. Other

-2,520

397

XI. Financial costs

54

97

1. Interest, including

135

2. Other

54

-38

XII. Gross profit (loss)

-2,574

300

XIII. Income tax

-2,491

416

a) current value

23

82

a) deferred value

7

5

XIV. Net profit (loss)

16

77

Net profit (loss) (annual)

748

3,212

Weighted average number of common

3,000,092

3,000,092

shares

Profit (loss) per common share (PLN)

0,25

1,07