Dom Maklerski IDMSA reported parent and consolidated earnings results for the fourth quarter and full year ended December 31, 2012. For the quarter, on parent basis, revenue from core activities was PLN 4.5 million against PLN 10.7 million last year. Loss on core activities was PLN 3.6 million against PLN 2.4 million last year. Loss on operating activities was PLN 19.8 million against PLN 8.7 million last year. Gross loss on business activities was PLN 33.5 million against PLN 250.8 million last year. Net loss was PLN 27.3 million against PLN 203.1 million last year. Diluted loss per ordinary share was PLN 0.06 against PLN 0.93 last year.

For the year, on parent basis, revenue from core activities was PLN 43.3 million against PLN 48.2 million last year. Profit on core activities was PLN 4.1 million against PLN 4.6 million last year. Loss on operating activities was PLN 144.1 million against PLN 23.4 million last year. Gross loss on business activities was PLN 342.6 million against PLN 227.3 million last year. Net loss was PLN 346.8 million against PLN 180.5 million last year. Diluted loss per ordinary share was PLN 1.21 against PLN 0.83 last year. Net cash provided by operating activities was PLN 12.2 million against net cash used in operating activities of PLN 145.8 million last year. Acquisition of intangible assets was PLN 0.5 million against PLN 0.4 million last year. Acquisition of property, plant and equipment was PLN 1 million against PLN 1.7 million last year. Diluted book value per share was PLN 0.27 against PLN 2.09 at December 31, 2011.

For the quarter, on consolidated basis, revenue from core activities was PLN 15.6 million against PLN 29.5 million last year. Profit on core activities was PLN 1.7 million against PLN 3.7 million last year. Loss on operating activities was PLN 64.5 million against PLN 231.3 million last year. Net loss on continued operations was PLN 65.7 million against PLN 252.5 million last year. Net loss attributable to shareholders in the parent was PLN 64.9 million against PLN 251.3 million last year. Diluted loss per ordinary share was PLN 0.13 against PLN 1.15 last year.

For the year, on consolidated basis, revenue from core activities was PLN 96.3 million against PLN 125.7 million last year. Profit on core activities was PLN 20.7 million against PLN 31.2 million last year. Net loss on continued operations was PLN 340.4 million against PLN 263.7 million last year. Operating loss was PLN 277.1 million against PLN 229.4 million last year. Net loss attributable to shareholders in the parent was PLN 336.8 million or PLN 1.18 per diluted share against PLN 264.2 million or PLN 1.21 per diluted share last year. Net cash provided by operating activities was PLN 95.4 million against net cash used in operating activities of PLN 193.4 million last year. Diluted book value per share was PLN 0.28 against PLN 2.10 at December 31, 2011. Acquisition of intangible assets was PLN 0.5 million against PLN 0.5 million last year. Acquisition of property, plant and equipment was PLN 1.5 million against PLN 2.2 million last year.