Average Daily Traffic and toll revenue on motorway Katowice-Kraków in 2022Q1-Q3

In 2022Q1-Q3 the Average Daily Traffic (ADT) on the concession section of the A4 Katowice-Kraków motorway amounted to 47,498 vehicles and was higher by 10.9% than the traffic level recorded  in 2021Q1-Q3 (42,481 vehicles). In 2022Q1-Q3 toll revenue amounted to PLN 303,907 thousand and was higher by 15.3% than in the same period of last year (PLN 263,692 thousand).

As far as cars are concerned, the ADT increased from 35,243 vehicles in 2021Q1-Q3 to 39,355 vehicles in 2022Q1-Q3 (11.7% increase). In 2022Q1-Q3 toll revenue from cars amounted to PLN 190,666 thousand and was higher by 13.6% than in 2021Q1-Q3 (PLN 167,854 thousand). Difference between dynamics of toll revenue changes as compared to dynamics of ADT changes is the result of the change of the preferential rate for automatic payments from October 1, 2021 (form PLN 8 to PLN 9), increase of toll rate from July 4, 2022 (from PLN 12 to PLN 13 / from PLN 9 to PLN 10 for the preferential rate for automatic payments), consistently increasing share of automatic payments in the traffic structure and increased traffic (partly toll exempt) related to the armed conflict in Ukraine. More information further in this note.

As far as trucks are concerned, the ADT increased by 7.2%, i.e. from 7,597 vehicles in 2021Q1-Q3 to 8,143 vehicles in 2022Q1-Q3, while toll revenue from trucks in 2022Q1-Q3 amounted to PLN 113,241 thousand and was higher by 18.2% than in 2021Q1-Q3 (PLN 95,838 thousand). In the case of trucks, on October 1, 2021 the rate for category 2 and 3 vehicles was changed (from PLN 20 to PLN 22) and the preferential rates for automatic payments were phased out and on July 4, 2022 there was an increase in toll rates (from PLN 22 to PLN 24 for vehicles of categories 2 and 3 / from PLN 35 to PLN 40 for vehicles of categories 4 and 5), which are the main reasons for the difference between the dynamics of changes ADT and the dynamics of changes in revenues from tolls for these vehicles category.

The Group activity in 2021Q1-Q3 was also influenced by restrictions of social and economic activity, as the result of the COVID-19 pandemic. On the other hand, in the current period, the Group recorded a punctual increase in traffic at the beginning of the armed conflict in Ukraine, caused by a wave of migration and aid to the Ukrainian citizens. It ought to be noted that from March 1, 2022, after prior agreement with the Ministry of Infrastructure, vehicles with Ukrainian registration numbers, as well as vehicles or groups of vehicles reported by Polish non-governmental organizations and foreign organizations and persons as providing aid to Ukrainian citizens, became exempt from tolls. The exemption from tolls for vehicles with Ukrainian registration numbers was in force until May 31, 2022, and vehicles reported as providing humanitarian aid are still exempt.