In 12Q1-Q3 the Average daily Traffic on the concession motorway section of A4 Katowice – Kraków amounted to 28,951 vehicles and decreased by 7.7% than the traffic recorded a year earlier (31,363 vehicles). This decrease was recorded both in heavy and light vehicles. As regards the heavy vehicles one should remember that for first 6 of 9 months of current period ther is a comparison of traffic level of heavy vehicles recorded in two
In 1H2012 the Group recorded the sales revenues higher by 4% than the revenues in the same period of the prior year, mainly by the raise of the average rates for tolling of heavy and light vehicles on the toll motorway of A4 Katowice-Kraków. On the other hand, taking into account the sale of the shares of Biuro Centrum, starting from June 1, 2012 the financial statements exclude the revenues and costs generated by this entity. Despite the
In 1H2012 the Average daily Traffic on the concession motorway section of A4 Katowice – Kraków amounted to 26,995 vehicles and decreased by 10.4% than the traffic recorded a year earlier (30,127 vehicles). This decrease was recorded both in heavy and light vehicles. As regards the heavy vehicles one should remember that they present the traffic level of heavy vehicles recorded in two different legal regimes, i.e.
In Q1 2012 the sales revenues of the Group amounted to 39,812 kPLN and were higher by 2% than revenues in the same period of the prior year (39,046 kPLN). This was a combined effect of implementation of real tolling from heavy vehicles which were previously under “vignette system” and resulting drop in traffic of heavy vehicles by 36.8% (at the same time light vehicles traffic was stable, the total Average Daily Traffic
In 1Q2012 Average Daily Traffic (ADT) on the concession section of A4 motorway Katowice-Krakow amounted to 25,620 vehicles and it was by 9% lower than that recorded in the same period a year earlier (28,161 vehicles). A change of law had a significant impact on reducing the level of traffic resulting in introducing ETC on network of motorways, expressways and selected national roads – replacing toll cards (vignettes) existing so far. As a
The dynamics of toll revenues, a negative one-off event related to the historical VAT receivables and financial activities had the greatest impact on the Group's financial results in 2011. Last year the average daily traffic (ADT) on the toll section of A4 motorway increased by 2% compared to 2010, and the value of toll revenues increased by 9% in the same period. The different dynamics of both parameters resulted from the abolition of
In 2011 Average Daily Traffic (ADT) on the concession section of A4 motorway Katowice-Krakow was by 2% higher than that recorded a year earlier. It should be noted that while in 1H2011 ADT increased by 8%, in the second half of the year the total traffic decreased by 3%. A distinct reversal resulted from the changes in legislation, which resulted in introducing an electronic toll collection system replacing toll cards (vignettes), so far
In 1st semester 2011 Stalexport Autostrady Grouprevenues from tolls amounted to PLN 78,404k, while in the same period last year they amounted to PLN 70,205k. It resulted first of all from an increase in Average Daily Traffic by 8.2%, and also from an increase in compensation fee for vehicles using vignette as from 1 July 2010, as well as from higher sale of coupons for toll motorway A4 Katowice-Kraków. In the reporting period net profit
The Average Daily Traffic (ADT) dynamics has been still maintaining on the A4 Katowice – Kraków motorway concession section: in 2Q 2011 it amounted to PLN 32,071 and it was by 8.6% higher than in the corresponding period last year (29.520 in 2Q2010). Just as it was in the 1Q2011, this increase resulted partly from continuing heavy vehicles traffic dynamics covering the vehicles of over 3.5 tonnes. In this category in 2Q2011 there was an
On 8 June 2011 the Group signed with the consortium of banks financing project A4 the Consent and Waiver Letter relating to the planned increase of shares capital of Stalexport Autostrada Małopolska S.A. (hereinafter SAM). One of the provisions of the granted loan is share pledge established on the shares of SPV. This is a standard proceeding used in such types of the agreements – says Mariusz Serwa, Vice President and CFO of