GTC - Globe Trade Centre S.A.
ISIN: PLGTC0000037 | Ticker: GTC | LEI: 25940046GV7I3I2ZN618
Country: Poland
The GTC Group is a leading real estate investor and developer focusing on Poland, Hungary, and capital cities in Central, Eastern and Southern Europe. As a market leader we create and manage office and retail spaces that help people lead better and more balanced lives.
Our mission is to give strong foundations to long-term business. We believe that we add true value for all partners: tenants, investors and employees, by delivering commercial real estate and by building lasting relationships. We integrate all our activities with social and environmental concerns.
1994
Served areaEurope
HeadquartersKomitetu Obrony Robotników 45 A, 02-146 Warszawa – Poland
| Line item in (pln) | 02.01.2020 | 01.01.2021 | 02.01.2021 | 01.01.2022 | 02.01.2022 | 01.01.2023 |
|---|---|---|---|---|---|---|
| Assets | N/A | 11,448,198,000.00 | N/A | 13,079,538,000.00 | N/A | 12,521,479,000.00 |
| Noncurrent Assets | N/A | 9,995,718,000.00 | N/A | 10,587,713,000.00 | N/A | 11,513,911,000.00 |
| Property Plant And Equipment | N/A | 35,926,000.00 | N/A | 36,032,000.00 | N/A | 52,250,000.00 |
| Investment Property | N/A | 9,807,041,000.00 | N/A | 10,305,692,000.00 | N/A | 10,522,555,000.00 |
| Deferred Tax Assets | N/A | 2,843,000.00 | N/A | 17,413,000.00 | N/A | 14,825,000.00 |
| Noncurrent Financial Assets At Fair Value Through Profit Or Loss | N/A | N/A | N/A | 0.00 | N/A | 611,286,000.00 |
| Noncurrent Loans And Receivables | N/A | N/A | N/A | 48,882,000.00 | N/A | 51,289,000.00 |
| Other Noncurrent Nonfinancial Assets | N/A | 734,000.00 | N/A | 750,000.00 | N/A | 891,000.00 |
| Noncurrent Restricted Cash And Cash Equivalents | N/A | 50,666,000.00 | N/A | 50,952,000.00 | N/A | 56,035,000.00 |
| Noncurrent Derivative Financial Assets | N/A | 0.00 | N/A | 3,799,000.00 | N/A | 79,982,000.00 |
| Current Assets | N/A | 1,445,189,000.00 | N/A | 2,491,825,000.00 | N/A | 1,007,568,000.00 |
| Trade And Other Current Receivables | N/A | 27,103,000.00 | N/A | 28,337,000.00 | N/A | 37,111,000.00 |
| Current Prepayments | N/A | 16,632,000.00 | N/A | 52,962,000.00 | N/A | 36,295,000.00 |
| Current Accrued Income Other Than Current Contract Assets | N/A | N/A | N/A | 15,859,000.00 | N/A | 20,593,000.00 |
| Current Value Added Tax Receivables | N/A | 10,812,000.00 | N/A | 13,600,000.00 | N/A | 24,880,000.00 |
| Current Tax Assets Current | N/A | 4,781,000.00 | N/A | 2,097,000.00 | N/A | 9,183,000.00 |
| Cash and cash equivalents | N/A | 1,255,207,000.00 | N/A | 402,300,000.00 | N/A | 539,709,000.00 |
| Current Assets Other Than Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | N/A | N/A | N/A | 1,343,029,000.00 | N/A | 242,163,000.00 |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | N/A | 7,291,000.00 | N/A | 1,343,029,000.00 | N/A | N/A |
| Current Restricted Cash And Cash Equivalents | N/A | 126,602,000.00 | N/A | 65,960,000.00 | N/A | 61,086,000.00 |
| Current Derivative Financial Assets | N/A | N/A | N/A | 0.00 | N/A | 36,548,000.00 |
| Equity And Liabilities | N/A | 11,448,198,000.00 | N/A | 13,079,538,000.00 | N/A | 12,521,479,000.00 |
| Equity | 4,508,312,000.00 | 4,495,498,000.00 | 4,495,498,000.00 | 5,137,479,000.00 | 5,137,479,000.00 | 5,325,789,000.00 |
| Issued Capital | N/A | 48,556,000.00 | N/A | 48,556,000.00 | N/A | 57,426,000.00 |
| Retained Earnings | N/A | 1,298,092,000.00 | N/A | 1,487,794,000.00 | N/A | 1,435,937,000.00 |
| Share Premium | N/A | 2,448,771,000.00 | N/A | 2,448,771,000.00 | N/A | 2,997,840,000.00 |
| Other Reserves | N/A | -213,563,000.00 | N/A | -213,563,000.00 | N/A | -212,729,000.00 |
| Equity Attributable To Owners Of Parent | N/A | 4,419,179,000.00 | N/A | 5,061,943,000.00 | N/A | 5,219,432,000.00 |
| Noncontrolling Interests | N/A | 76,319,000.00 | N/A | 75,536,000.00 | N/A | 106,357,000.00 |
| Noncurrent Liabilities | N/A | 5,880,931,000.00 | N/A | 6,842,449,000.00 | N/A | 6,724,580,000.00 |
| Deferred Tax Liabilities | N/A | 614,830,000.00 | N/A | 644,583,000.00 | N/A | 662,101,000.00 |
| Other Noncurrent Nonfinancial Liabilities | N/A | 50,666,000.00 | N/A | 11,158,000.00 | N/A | 11,237,000.00 |
| Noncurrent Derivative Financial Liabilities | N/A | 73,352,000.00 | N/A | 178,195,000.00 | N/A | 219,478,000.00 |
| Noncurrent Deposits From Customers | N/A | 197,933,000.00 | N/A | 50,952,000.00 | N/A | 56,035,000.00 |
| Longterm Borrowings | N/A | 4,927,993,000.00 | N/A | 5,772,771,000.00 | N/A | 5,577,623,000.00 |
| Current Liabilities | N/A | 1,071,769,000.00 | N/A | 1,099,610,000.00 | N/A | 471,110,000.00 |
| Trade And Other Current Payables | N/A | 125,980,000.00 | N/A | 143,003,000.00 | N/A | 193,251,000.00 |
| Current Advances | N/A | 1,998,000.00 | N/A | 3,606,000.00 | N/A | 5,014,000.00 |
| Current Payables On Social Security And Taxes Other Than Income Tax | N/A | 7,158,000.00 | N/A | 10,220,000.00 | N/A | 8,573,000.00 |
| Current Tax Liabilities Current | N/A | 19,474,000.00 | N/A | 4,599,000.00 | N/A | 16,748,000.00 |
| Current Liabilities Other Than Liabilities Included In Disposal Groups Classified As Held For Sale | N/A | N/A | N/A | 712,130,000.00 | N/A | 0.00 |
| Liabilities Included In Disposal Groups Classified As Held For Sale | N/A | 0.00 | N/A | 712,130,000.00 | N/A | N/A |
| Current Derivative Financial Liabilities | N/A | 15,529,000.00 | N/A | 12,331,000.00 | N/A | 10,224,000.00 |
| Current Deposits From Customers | N/A | 8,260,000.00 | N/A | 8,886,000.00 | N/A | 7,687,000.00 |
| Current Borrowings And Current Portion Of Noncurrent Borrowings | N/A | 892,618,000.00 | N/A | 203,924,000.00 | N/A | 227,793,000.00 |
| Line item in (pln) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
|---|---|---|---|
| Other Income | 3,449,000.00 | 6,541,000.00 | 6,876,000.00 |
| Profit Loss From Operating Activities | -183,615,000.00 | 452,823,000.00 | 333,635,000.00 |
| Finance Income | 1,471,000.00 | 1,388,000.00 | 6,618,000.00 |
| Finance Costs | 156,653,000.00 | 197,682,000.00 | 155,174,000.00 |
| Profit Loss Before Tax | -351,914,000.00 | 257,424,000.00 | 174,594,000.00 |
| Income Tax Expense Continuing Operations | -23,173,000.00 | 62,780,000.00 | 59,378,000.00 |
| Profit (loss) | -328,741,000.00 | 194,644,000.00 | 115,216,000.00 |
| Profit Loss Attributable To Owners Of Parent | -325,623,000.00 | 189,702,000.00 | 108,934,000.00 |
| Profit Loss Attributable To Noncontrolling Interests | -3,118,000.00 | 4,942,000.00 | 6,282,000.00 |
| Line item in (pln) | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|
| Profit (loss) | -328,741,000.00 | 194,644,000.00 | 115,216,000.00 |
| Adjustments For Finance Costs | 156,653,000.00 | 197,682,000.00 | 155,174,000.00 |
| Adjustments For Increase Decrease In Trade Account Payable | -3,556,000.00 | 16,214,000.00 | N/A |
| Adjustments For Depreciation And Amortisation Expense | 2,907,000.00 | 2,983,000.00 | 2,554,000.00 |
| Adjustments For Unrealised Foreign Exchange Losses Gains | 13,117,000.00 | -895,000.00 | 10,485,000.00 |
| Adjustments For Sharebased Payments | -2,085,000.00 | 1,973,000.00 | -3,056,000.00 |
| Cash Flows From Used In Operations | 474,181,000.00 | 526,676,000.00 | 464,847,000.00 |
| Income Taxes Paid Refund Classified As Operating Activities | 28,256,000.00 | 40,581,000.00 | 51,987,000.00 |
| Cash Flows From Used In Operating Activities | 445,925,000.00 | 486,095,000.00 | 412,860,000.00 |
| Cash Flows From Losing Control Of Subsidiaries Or Other Businesses Classified As Investing Activities | 0.00 | 2,718,000.00 | 872,527,000.00 |
| Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities | N/A | 0.00 | 52,133,000.00 |
| Purchase Of Property Plant And Equipment Classified As Investing Activities | 0.00 | 60,746,000.00 | 0.00 |
| Interest Received Classified As Investing Activities | 244,000.00 | 128,000.00 | 5,174,000.00 |
| Cash Flows From Used In Investing Activities | -134,631,000.00 | -1,674,644,000.00 | -364,519,000.00 |
| Proceeds From Changes In Ownership Interests In Subsidiaries | N/A | 0.00 | 556,821,000.00 |
| Proceeds From Borrowings Classified As Financing Activities | 1,274,800,000.00 | 3,224,904,000.00 | 28,845,000.00 |
| Repayments Of Borrowings Classified As Financing Activities | 996,938,000.00 | 2,673,404,000.00 | 244,305,000.00 |
| Payments Of Lease Liabilities Classified As Financing Activities | 720,000.00 | 2,357,000.00 | 3,009,000.00 |
| Interest Paid Classified As Financing Activities | 142,536,000.00 | 149,747,000.00 | 134,355,000.00 |
| Cash Flows From Used In Financing Activities | 123,178,000.00 | 387,799,000.00 | 38,003,000.00 |
| Effect Of Exchange Rate Changes On Cash And Cash Equivalents | 55,755,000.00 | -10,003,000.00 | 8,911,000.00 |
| Increase (decrease) in cash and cash equivalents after effect of exchange rate changes | 490,227,000.00 | -810,753,000.00 | 95,255,000.00 |
| Cash and cash equivalents | 1,255,207,000.00 | 402,300,000.00 | 539,709,000.00 |
Please note that some sums might not add up.
PLGTC0000037
LEI25940046GV7I3I2ZN618
SectorReal Estate Management & Development
IndustryReal Estate Management & Development
Sub-IndustryDiversified Real Estate Activities
Listed Stock ExchangeKeep yourself informed with the most recent updates on FinancialReports, IPOs, product advancements, and other significant news.