Boundaries of management performance measures (MPMs) disclosed in primary financial statements prepared in accordance with new standard planned to supersede IAS 1

Figure 1.

Figure 2.

Figure 3.

Figure 4.

Figure 5.

Tax Rates Applicable to the Company for 2020–2022

Year	2022	2021	2020
Nominal tax rate	19%	19%	19%
Effective tax rate before applying tax exemption	14%	21%	20%
Effective tax rate after applying tax exemption	5%	11%	9%

Statement of Financial Performance for 2020–2022 in Accordance With IAS 1

Year (amounts in PLN)	2022	2021	2020
Revenue from the sale of goods	22,132,991	16,381,185	11,589,068
Cost of goods sold	−15,447,701	−11,298,542	−8,178,590
Gross profit	6,685,290	5,082,644	3,410,478
Other income	410,245	201,756	414,358
Selling expenses	−1,701,360	−1,192,527	−914,645
General and administrative expenses	−2,554,044	−2,208,843	−1,738,436
Other expenses	−453,009	−399,870	−514,536
Finance costs	−8,058	−10,119	−153
Profit before tax	2,379,064	1,473,041	657,067
Income tax expense	128,469	154,669	57,164
Profit for the year from continuing operations	2,250,595	1,318,372	599,903
Loss for the year from continuing operations	0	0	0
Profit for the year	2,250,595	1,318,372	599,903

Reconciliation of Adjusted EBITDA and EBIT

	2022		2021		2020
Adjusted EBITDA	3,284,290	Tax effect	2,211,128	Tax effect	1,094,873	Tax effect
- depreciation and amortisation	−576,849	−31,150	−432,542	−45,417	−387,866	−33,744
Adjusted EBIT	2,707,441		1,778,586		707,008
- Internal group costs	−352,095	−19,013	−320,195	−33,620	−386,420	−33,618
- incidental incomes	46,518	2,512	22,741	2,388	0	0
- incidental expenses	−14,743	−796	−5,210	−547	−7,500	−653
- incidental cost reduction	0	0	0	0	344,132	29,939
Profit before financing and income tax	2,387,122		1,475,922		657,220

Reconciliation of Adjusted Profit Before Financing and Income Tax

	2022		2021		2020
Adjusted profit before financing and income tax	2,351,122	Tax effect	1,447,922	Tax effect	657,220	Tax effect
- interests received from loan	30,000	1,620	25,000	2,625	-
- exchange rates gain/loss from interests	6,000	324	3,000	315	-
Profit before financing and income tax	2,387,122		1,475,922		657,220

Transformed Statement of Financial Performance for 2020–2022 in Accordance With IFRS X

Year (amounts in PLN)	2022	2021	2020
Revenue from the sale of goods	22,132,991	16,381,185	11,589,068
Cost of goods sold	−15,447,701	−11,298,542	−8,178,590
Gross profit	6,685,290	5,082,644	3,410,478
Other income	265,245	102,756	376,358
Selling expenses	−1,701,360	−1,192,527	−914,645
General and administrative expenses	−2,554,044	−2,208,843	−1,738,436
Other operating expenses	−444,009	−401,108	−510,036
Operating profit	2,251,122	1,382,922	623,720
Investment income	145,000	99,000	38,000
Investment costs	−9,000	−6,000	−4,500
Profit before financing and income tax	2,387,122	1,475,922	657,220
Finance income	0	0	0
Finance costs	−8,058	−2,882	−153
Profit before tax	2,379,064	1,473,041	657,067
Income tax expense	128,469	154,669	57,164
Profit for the year from continuing operations	2,250,595	1,318,372	599,903
Loss for the year from continuing operations	0	0	0
Profit for the year	2,250,595	1,318,372	599,903

List of Incidental Income and Expenses in Company A for 2020–2022

Items	2022	2021	2020
Incidental income	Settlement with a customer over a dispute	Insurance compensation for a car broken in an accident
Incidental expense	Cost of cancelled orders already prepared which could not be sold to another customer	Costs of repair of car broken in an accident	Donation to fund masks for a hospital (COVID pandemic)

Reconciliation of Adjusted Gross Profit

	2022		2021		2020
Adjusted Gross Profit	6,685,290	Tax effect	5,082,644	Tax effect	3,210,792	Tax effect
- incidental cost reduction	0	0	0	0	199,686	17,373
Gross Profit	6,685,290		5,082,644		3,410,478