Quercus TFI S.A. Logo

Quercus TFI S.A.

ISIN: PLQRCUS00012 | Ticker: QRS | LEI: 259400KRSTOQ914TLT42
Country: Poland

About Quercus TFI S.A.

Company Description

Quercus TFI S.A. is the first mutual fund company in Poland with offers mainly targeted at high net-worth Investors. The Company was established in August 2007 by a group of experienced investment specialists led by prof. Sebastian Buczek. In February 2008 Quercus TFI S.A. was granted permission by the Polish Financial Supervision Authority (KNF) to run a mutual fund business. By the end of March 2008 the first 4 unique subfunds of QUERCUS Parasolowy SFIO umbrella fund were offered to Investors.

Year founded

2007

Served area

Poland

Headquarters

Nowy Świat 6/12, 00-400 Warszawa – Poland

Financial statements

Download as Excel
Line item in (pln) 01.01.2020 01.01.2021 02.01.2021 01.01.2022 01.01.2023
Assets 82,348,000.00 87,169,000.00 N/A 196,190,000.00 158,004,000.00
Noncurrent Assets 27,895,000.00 35,306,000.00 N/A 81,982,000.00 88,105,000.00
Property Plant And Equipment 2,478,000.00 3,222,000.00 N/A 4,736,000.00 5,879,000.00
Noncurrent Prepayments N/A N/A N/A 548,000.00 465,000.00
Deferred Tax Assets 945,000.00 1,414,000.00 N/A 0.00 0.00
Noncurrent Financial Assets At Fair Value Through Profit Or Loss 24,344,000.00 28,347,000.00 N/A 52,319,000.00 58,352,000.00
Noncurrent Financial Assets At Fair Value Through Other Comprehensive Income 34,000.00 2,227,000.00 N/A 2,227,000.00 2,227,000.00
Noncurrent Financial Assets At Amortised Cost 0.00 0.00 N/A 14,548,000.00 14,558,000.00
Current Assets 54,453,000.00 51,863,000.00 N/A 114,208,000.00 69,899,000.00
Current Trade Receivables 13,736,000.00 18,581,000.00 N/A 29,665,000.00 10,945,000.00
Current Prepayments N/A N/A N/A 482,000.00 804,000.00
Current Tax Assets Current 0.00 0.00 N/A 2,000.00 0.00
Current Financial Assets At Amortised Cost 0.00 0.00 N/A 0.00 N/A
Cash and cash equivalents 38,186,000.00 14,754,000.00 14,754,000.00 80,739,000.00 58,150,000.00
Equity And Liabilities 82,348,000.00 87,169,000.00 N/A 196,190,000.00 158,004,000.00
Equity 61,601,000.00 59,883,000.00 59,883,000.00 89,589,000.00 86,335,000.00
Issued Capital 5,727,000.00 5,522,000.00 N/A 5,883,000.00 5,649,000.00
Retained Earnings 19,579,000.00 17,836,000.00 N/A 25,024,000.00 15,178,000.00
Share Premium 6,839,000.00 6,839,000.00 N/A 28,845,000.00 28,845,000.00
Treasury Shares 0.00 0.00 N/A 0.00 N/A
Other Reserves 29,456,000.00 29,686,000.00 N/A 29,837,000.00 31,391,000.00
Equity Attributable To Owners Of Parent 61,601,000.00 59,883,000.00 N/A 89,589,000.00 81,063,000.00
Noncontrolling Interests 0.00 0.00 N/A 0.00 5,272,000.00
Liabilities 20,747,000.00 27,286,000.00 N/A 106,601,000.00 71,669,000.00
Noncurrent Liabilities 9,581,000.00 11,505,000.00 N/A 16,734,000.00 18,683,000.00
Noncurrent Provisions 8,197,000.00 10,162,000.00 N/A 15,059,000.00 15,067,000.00
Deferred Tax Liabilities 0.00 0.00 N/A 361,000.00 468,000.00
Current Liabilities 11,166,000.00 15,781,000.00 N/A 89,867,000.00 52,986,000.00
Trade And Other Current Payables 2,003,000.00 3,656,000.00 N/A 2,715,000.00 N/A
Accruals Classified As Current N/A N/A N/A 10,521,000.00 7,023,000.00
Current Payables On Social Security And Taxes Other Than Income Tax 391,000.00 481,000.00 N/A 3,390,000.00 691,000.00
Current Tax Liabilities Current 1,704,000.00 2,512,000.00 N/A 2,198,000.00 489,000.00
Line item in (pln) 01.01.2020/
01.01.2021
01.01.2021/
01.01.2022
01.01.2022/
01.01.2023
Revenue 56,950,000.00 82,229,000.00 91,070,000.00
Other Income 1,686,000.00 802,000.00 2,000,000.00
Services Expense 1,649,000.00 2,466,000.00 6,142,000.00
Employee Benefits Expense 12,764,000.00 19,225,000.00 20,760,000.00
Depreciation And Amortisation Expense 826,000.00 1,561,000.00 4,303,000.00
Other Expense By Nature 9,952,000.00 10,167,000.00 9,628,000.00
Profit Loss From Operating Activities 17,460,000.00 25,566,000.00 14,943,000.00
Finance Income 4,320,000.00 5,293,000.00 2,959,000.00
Finance Costs 148,000.00 332,000.00 194,000.00
Profit Loss Before Tax 21,632,000.00 30,527,000.00 17,708,000.00
Income Tax Expense Continuing Operations 3,796,000.00 5,412,000.00 3,020,000.00
Profit Loss From Continuing Operations 17,836,000.00 25,115,000.00 14,688,000.00
Profit Loss From Discontinued Operations 0.00 0.00 0.00
Profit (loss) 17,836,000.00 25,115,000.00 14,688,000.00
Profit Loss Attributable To Owners Of Parent 17,836,000.00 25,115,000.00 14,099,000.00
Profit Loss Attributable To Noncontrolling Interests 0.00 0.00 589,000.00
Line item in (pln) 01.01.2020 01.01.2021 01.01.2022 02.01.2021 01.01.2023
Profit (loss) N/A 17,836,000.00 25,115,000.00 N/A 14,688,000.00
Adjustments For Reconcile Profit Loss N/A -2,461,000.00 -12,707,000.00 N/A -14,204,000.00
Adjustments For Depreciation And Amortisation Expense N/A 826,000.00 1,561,000.00 N/A 4,303,000.00
Adjustments For Provisions N/A 1,966,000.00 1,767,000.00 N/A 356,000.00
Adjustments For Unrealised Foreign Exchange Losses Gains N/A 99,000.00 1,000.00 N/A -48,000.00
Adjustments For Losses Gains On Disposal Of Noncurrent Assets N/A -4,174,000.00 -5,135,000.00 N/A -419,000.00
Other Adjustments To Reconcile Profit Loss N/A 0.00 -13,000.00 N/A 3,000.00
Adjustments For Reconcile Profit Loss N/A -2,461,000.00 -12,707,000.00 N/A -14,204,000.00
Cash Flows From Used In Operations N/A 19,171,000.00 17,820,000.00 N/A 3,504,000.00
Income Taxes Paid Refund Classified As Operating Activities N/A 3,457,000.00 5,051,000.00 N/A 4,625,000.00
Cash Flows From Used In Operating Activities N/A 15,714,000.00 12,769,000.00 N/A -1,121,000.00
Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities N/A 0.00 18,765,000.00 N/A 0.00
Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities N/A N/A 131,000.00 N/A 0.00
Interest Received Classified As Investing Activities N/A 292,000.00 0.00 N/A 2,692,000.00
Cash Flows From Used In Investing Activities N/A -19,245,000.00 49,386,000.00 N/A 3,399,000.00
Proceeds From Issuing Shares N/A 0.00 22,503,000.00 N/A 0.00
Payments To Acquire Or Redeem Entitys Shares N/A 19,556,000.00 17,922,000.00 N/A 22,321,000.00
Payments Of Lease Liabilities Classified As Financing Activities N/A 303,000.00 623,000.00 N/A 2,088,000.00
Dividends Paid Classified As Financing Activities N/A N/A 0.00 N/A 305,000.00
Interest Paid Classified As Financing Activities N/A 42,000.00 128,000.00 N/A 122,000.00
Other Inflows Outflows Of Cash Classified As Financing Activities N/A N/A 0.00 N/A -31,000.00
Cash Flows From Used In Financing Activities N/A -19,901,000.00 3,830,000.00 N/A -24,867,000.00
Increase (decrease) in cash and cash equivalents before effect of exchange rate changes N/A -23,432,000.00 65,985,000.00 N/A -22,589,000.00
Effect Of Exchange Rate Changes On Cash And Cash Equivalents N/A 0.00 0.00 N/A 0.00
Increase (decrease) in cash and cash equivalents after effect of exchange rate changes N/A -23,432,000.00 65,985,000.00 N/A -22,589,000.00
Cash and cash equivalents 38,186,000.00 14,754,000.00 80,739,000.00 14,754,000.00 58,150,000.00

Please note that some sums might not add up.

Filings & Publications

Insider Trades

Sign up and we will give you access!

Capital markets information

ISIN

PLQRCUS00012

LEI

259400KRSTOQ914TLT42

Sector

Financials

Industry Group

Financial Services

Industry

Capital Markets

Sub-Industry

Asset Management & Custody Banks

Listed Stock Exchange

Warsaw Stock Exchange

Main Stock Exchange

Contact Investor Relations department

Stay up to date

Keep yourself informed with the most recent updates on FinancialReports, IPOs, product advancements, and other significant news.