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 founded2007
Served areaPoland
HeadquartersNowy Świat 6/12, 00-400 Warszawa – Poland
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.
PLQRCUS00012
LEI259400KRSTOQ914TLT42
SectorAsset Management & Custody Banks
Listed Stock ExchangeKeep yourself informed with the most recent updates on FinancialReports, IPOs, product advancements, and other significant news.