The Management Board of Arctic Paper S.A. (hereinafter “Company”) herewith presents the Arctic Paper SA Capital Group consolidated quarterly report for the first quarter of the year 2015. Selected consolidated financial data For the For the For the For the period period period period from from from from 01.01.2015 01.01.2014 01.01.2015 01.01.2014 to to to to 31.03.2015 31.03.2014 31.03.2015 31.03.2014 thousand thousand thousand thousand PLN PLN EUR EUR Revenues 836 240 804 492 199 442 192 194 Operating 37 611 19 325 8 970 4 617 profit (loss) Profit 23 792 11 468 5 674 2 740 (loss) before tax Profit 12 846 8 908 3 064 2 128 (loss) from continuing operations Profit 12 846 8 908 3 064 2 128 (loss) for the period Profit (3 652) 5 702 (871) 1 362 (loss) for the period attributable to equity holders of the parent Net 37 978 31 386 9 058 7 498 operating cash flow Net (12 838) (11 251) (3 062) (2 688) investment cash flow Net (19 095) (41 342) (4 554) (9 877) financial cash flow Net change 6 045 (21 207) 1 442 (5 066) in cash and cash equivalents Weighted 69 287 783 69 287 783 69 287 783 69 287 783 average number of shares Weighted 69 287 783 69 287 783 69 287 783 69 287 783 average diluted number of shares EPS (in (0,05) 0,08 (0,01) 0,02 PLN/EUR) Diluted EPS (0,05) 0,08 (0,01) 0,02 (in PLN/EUR) Average 4,1929 4,1858 PLN/EUR rate* As at As at As at As at 31 March 31 31 March 31 2015 December 2015 December 2014 2014 thousand thousand thousand thousand PLN PLN EUR EUR Assets 1 800 860 1 762 790 440 416 413 577 Long-term 414 227 447 152 101 303 104 909 liabilities Short-term 658 427 590 567 161 024 138 556 liabilities Equity 728 206 725 071 178 089 170 113 Share 69 288 69 288 16 945 16 256 capital Number of 69 287 783 69 287 783 69 287 783 69 287 783 shares Diluted 69 287 783 69 287 783 69 287 783 69 287 783 number of shares Book value 10,51 10,46 2,57 2,46 per share (in PLN/EUR) Diluted book 10,51 10,46 2,57 2,46 value per share (in PLN/EUR) Declared or - - - - paid dividend (in PLN/EUR) Declared or - - - - paid dividend per share (in PLN/EUR) PLN/EUR rate - - 4,0890 4,2623 at the end of the period** Selected standalone financial data For the For the For the For the period period period period from from from from 01.01.2015 01.01.2014 01.01.2015 01.01.2014 to to to to 31.03.2015 31.03.2014 31.03.2015 31.03.2014 thousand thousand thousand thousand PLN PLN EUR EUR Revenues 10 659 9 561 2 542 2 284 Operating (8 952) (145) (2 135) (35) profit (loss) Profit (9 153) (295) (2 183) (70) (loss) before tax Profit (9 153) (295) (2 183) (70) (loss) from continuing operations Profit (9 153) (295) (2 183) (70) (loss) for the period Net (5 801) 4 199 (1 383) 1 003 operating cash flow Net (172) (141) (41) (34) investment cash flow Net (410) (352) (98) (84) financial cash flow Net change (6 383) 3 706 (1 522) 885 in cash and cash equivalents Weighted 69 287 783 69 287 783 69 287 783 69 287 783 average number of shares Weighted 69 287 783 69 287 783 69 287 783 69 287 783 average diluted number of shares EPS (in (0,13) (0,00) (0,03) (0,00) PLN/EUR) Diluted EPS (0,13) (0,00) (0,03) (0,00) (in PLN/EUR) Average 4,1929 4,1858 PLN/EUR rate* As at 31 As at As at 31 As at March 2015 31 March 2015 31 December December 2014 2014 thousand thousand thousand thousand PLN PLN EUR EUR Assets 968 623 936 635 236 885 219 749 Long-term 224 659 227 109 54 942 53 283 liabilities Short-term 87 961 44 632 21 512 10 471 liabilities Equity 656 004 664 893 160 431 155 994 Share 69 288 69 288 16 945 16 256 capital Number of 69 287 783 69 287 783 69 287 783 69 287 783 shares Diluted 69 287 783 69 287 783 69 287 783 69 287 783 number of shares Book value 9,47 9,60 2,32 2,25 per share (in PLN/EUR) Diluted 9,47 9,60 2,32 2,25 book value per share (in PLN/EUR) Declared or - - - - paid dividend (in PLN/EUR) Declared or - - - - paid dividend per share (in PLN/EUR) PLN/EUR - - 4,0890 4,2623 rate at the end of the period** * Profit and loss items have been converted as a matter of arithmetic computation using the official mid-rates announced by the National Bank of Poland prevailing on the last day of each month. ** Balance sheet items and book value per share have been converted using the official mid-rates announced by the National Bank of Poland prevailing on the balance sheet date. For additional information, please contact: Wolfgang Lübbert, CEO, tel. +49 405 148 5310 This information is disclosed pursuant to the § 82 section 2 and § 83 section 3 of the Minister of Finance Regulation of 19 February 2009 on current and periodic information provided by the securities issuers and conditions on which information required under law applicable in a state not being a member state may be recognized as equivalent, and was submitted for publication on 13th May 2015 at 8:00 am CET, in reference to Arctic Paper’s Capital Group consolidated report for 1Q2015 filed with the Warsaw Stock Exchange
Arctic Paper SA Capital Group consolidated quarterly report for the first quarter of the year 2015
| Source: Arctic Paper AB