Financial capital is a group of stable financing of the GPW Group and the potential for developing larger capital. It includes financial resources intended for conducting business, including equity and foreign capital as well as funds generated as part of operating activities.

The intellectual and physical capital of the GPW Group is knowledge-based intangible and organizational resources of the Group. Both the GPW brand and its subsidiaries and affiliates, developed over decades of activity, internal procedures developed by us, information products, services and databases, which all together create the intellectual foundation of an effective national stock market. Also, the Group's intellectual and physical capital consists of tangible and intangible assets that are intended to be used in the GPW Group's business process. Transaction systems and IT infrastructure play a key role in this area, constituting the foundation for secure transaction processing between buyers and sellers, and processing of analytical data to support the information services provided and the regulation of conducted markets.

In the GPW CG, human capital is understood as the competences, abilities and experience of employees, as well as their motivation to create innovation. The Stock Exchange employees have unique qualifications and experience on the capital market, and the Group's HR policy focuses on investing in their constant development and shaping the organizational culture based on values and effective internal communication.

The Group's social and relational capital includes experiences and relationships within and between communities and stakeholder groups. For many years, we have maintained close relationships with many key external stakeholders, which allows us to build lasting confidence in the Polish capital market, and our extensive educational activities have a positive impact on our perception on a social level.

Net profit

• 2018: PLN 183,7 mn
• 2017: PLN 158,7 mn

EBITDA

• 2018: PLN 202,0 mn
• 2017: PLN 214,9 mn

Sales revenue

• 2018: PLN 346,8 mn
• 2017: PLN 352,0 mn

• Three new indexes:  WIG20dvp, mWIG40dvp oraz sWIG80dvp
• Start work on using Blockchain technology
• Start work on the agricultural commodities market
• Start work on Polish Rating Agency
• Participation in creating the Capital Market Development Strategy
• Participation in creating and issuing opinions on legislation for the capital and commodity market in Poland
• GPW awarded „Transparent Company of the year” belonging to the mWIG40 Index, for the second year in a row
• 100% reliability of the trading systems
• The first full year of using and amortization of new systems: X-Stream and Sapri
• Share of HVP and HVF participants in trading in shares at 9.3% in 2018 vs. 7.4% in 2017
• Number of reported transaction on TGE markets: 4,466,249 transactions in 2018 vs. 3,158,648 transactions in 2017
• Number of reported transaction on TGE markets: 18,052,898 transactions in 2018 vs. 20,040,736 transactions in 2017
• 1644 users of RRM (Registered Reporting Mechanism) in 2018 vs. 1,475 users in 2017

• Employment 363 person in 2018 r. vs. 341 person w 2017
• Rotation in employment in GPW 10% in 2018 vs. 16% in 2017
• Total employee costs PLN 68,8 mn in 2018 vs. PLN 62,8 mn in 2017
• Wide access to attractive non-wage benefits

• 3 new foreign Exchange Members, 56 Members in total in 2018
• Transfer to the economy in the form of tax paid PLN 41.7 mn in 2018 vs. PLN 46.5 mn in 2017
• 130 participants of Go4Poland conference in 2018 vs 153 participants in 2017
• 8,700 students visited the GPW as part of their school visits in 2018 vs. about 5000 students in 2017
• 1,800 participants of product training and initiatives targeted at students in 2018 vs. around 1000 in 2017
• 18 thousand participants in the 16th edition of the School Internet Market Game project just like the year before
• 2 new academic centers cooperating with the GPW Foundation in 2018, a total of 14 centers and 645 students involved in the educational program School of the Stock Exchange in 2018.

• Dividend from net profit: 2018: PLN 133,5 mn (PLN 3,18 per share) / 2017: PLN 92,3 mn (PLN 2,20 per share)
• EBITDA mergin: 58,2% in 2018 r. / 61,1% in 2017 r.
• ROE: 21,7% in 2018 r. / 20,7% in 2017 r.

• IPO value: PLN 0.35 billion in 2018 / IPO PLN 7.73 billion in 2017.
• SPO value: PLN 5.36 billion in 2018 / PLN 90.79 billion in 2017.
• Value of turnover under the order book on the stock market: PLN 204.3 billion in 2018 / PLN 236.4 billion in 2017.

• GPW is a responsible employer recruiting high-class specialists for all areas of the company's operations
• Responsible policy of managing HR, payroll, social and bonus processes so that they meet business needs and support the implementation of the GPW strategy
• 6,16 – average training days per employee in 2018

• Participation in the creation of legal acts in the area of capital and commodity markets
• Popularisation of the the Best Practice for GPW Listed Companies
• Fee for the Polish Financial Supervision Authority PLN 12.5 mn in 2018 vs. PLN 5.6 mn in 2017

• Transfer to the economy as tax paid: PLN 41.7 mn in 2018 vs. PLN 46.5 mn in 2017
• Enabling financing for enterprises
• Popularization of the capital market and long-term saving culture
• Support for Poland's economic development