Nowy Styl Sustainability Report 2018-2019

GRI 102-7 GRI 201-1 Compared to 2017, our sales revenues grew by EUR 41 million (from EUR 343 m to 384m) after 12 months, and by further EUR 77 million a year later (up to EUR 461 m). This significant growth was pos- sible thanks to Nowy Styl’s business strategy, followed The financial results are presented based on consolidated data for all of Nowy Styl, i.e. for those member companies of the Capital Group in which we have a 100% stake and the Hungarian company Telmex-Nowy Styl Zrt., which we run together with a Hungarian partner (50% stake), without breaking them down into the countries of operation. This is the way we analyse data for our internal purposes too. It is useful, because it allows us to measure the value we generate for the customer at the Group level. This kind of consolidated data is presented in this report. consistently for many years. Its main goal is to combine organic development with acquisitions of companies whose portfolios will complement our offer and allow us to expand our business in new sectors. 1.5 Business strategy Revenue from sales together with joint-venture (EUR m) Nowy Styl Capital Group’s financial results (EUR thousand) 316 343 384 461 304 287 258 2018 2019 2016 2017 2015 2014 2013 Financial results 2018 2019 Direct economic value generated Net revenues from the sale of products and services 309,731.1 385,558.6 Economic value distributed Operating costs without employee wages and benefits 190,707.4 238,476.5 Employee wages and benefits 82,336.9 107,452.4 Payments to investors 5,390.3 4,811.9 17