Zaklady Tluszczowe Kruszwica Spolka Akcyjna reported financial results for the second quarter and six months ended June 30, 2012. For the quarter, the company reported operating loss of PLN 46,732,000 against profit of PLN 38,744,000 for the same period of last year. Loss before tax was PLN 49,915,000 against profit of PLN 37,363,000 for the same period of last year. Net loss was PLN 40,654,000 or PLN 1.77 per share against profit of PLN 29,846,000 or PLN 1.3 per share for the same period of last year. Total revenue was PLN 572,082,000 against PLN 516,480,000 for the same period of last year. Net cash flows from operating activities was PLN 150,485,000 against PLN 236,177,000 for the same period of last year.

For the six months, the company reported operating loss of PLN 17,729,000 against profit of PLN 87,545,000 for the same period of last year. Loss before tax was PLN 28,590,000 against profit of PLN 81,400,000 for the same period of last year. Net loss was PLN 23,510,000 or PLN 1.02 per share against profit of PLN 65,018,000 or PLN 2.83 per share for the same period of last year. Total revenue was PLN 1,272,680,000 against PLN 1,051,330,000 for the same period of last year. Net cash flows from operating activities was PLN 150,485,000 against PLN 236,177,000 for the same period of last year. Net cash flows from operating activities was PLN 349,495,000 against PLN 402,624,000 for the same period of last year. Acquisition of intangible assets and property, plant and equipment was PLN 4,922,000 against PLN 2,099,000 for the same period of last year.