Basic information
On October 10, 2006 Asseco Central Europe, formerly Asseco Slovakia, was listed on Warsaw Stock Exchange (IPO – Inicial Public Offering), thus becoming the first Slovak company to be directly quoted on a foreign stock exchange.
IPO - Prospectus
In order to continue the growth of Asseco Central Europe Group, the company proceeded with realization of another important decision. At the end of May 2008, new shares were authorized in a secondary public offering (SPO) on the Warsaw Stock Exchange. The newly-issued shares were intended for sale in a public offering to institutional investors.
SPO - Prospectus
Obtained financial resources utilizes Company to strengthen its position on the Central European market by the means of acquisitions. Nowadays it owns majority shares in three Slovak firms (Asseco Solutions, Slovanet, DanubePay), one in the Czech Republic (Asseco Central Europe), three in Hungary (Asseco Hungary, Statlogics, GlobeNet) and the Asseco Solutions in Germany. The Company plans on the further acquisitions in the future.
Capital Structure
Subsidiaries in Asseco CE Group structure
Asseco Central Europe, a.s. /SK/
Asseco Central Europe Magyarország Zrt. /H/ (100%)
Asseco Solutions, a.s. /SK/ (100%)
Asseco Solutions AG /D/ (100%)
DanubePay, a.s. /SK/ (55%)
eDocu, a.s. /SK/ (23%)
exe, a.s. /SK/ (100%)
Asseco Central Europe, a.s. /CZ/ (100%)
Asseco Solutions, a.s. /CZ/ (100%)
Asseco BERIT GmbH /D/ (100%)
Asseco BERIT AG /CH/ (100%)
I.CA, a.s. /CZ/ (23,25 %)
Financial indicators
Thousand of EUR | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008* |
Revenues | 117 811 | 131 330 | 134 440 | 133 485 | 127 264 | 137 329 | 148 159 |
EBITDA | 16 774 | 24 528 | 27 970 | 27 260 | 22 849 | 17 164 | 24 564 |
EBIT | 12 014 | 14 526 | 17 620 | 18 001 | 16 167 | 11 219 | 18 064 |
Agregate Net Profit | 11 873 | 11 151 | 14 401 | 15 742 | 9 611 | 10 397 | 16 307 |
Net profit for the Group | 12 535 | 11 286 | 14 213 | 14 894 | 9 414 | 10 750 | 13 209 |
Consolidated indicators according to IFRS
* Converted by the fixed rate 30.126 SKK/EUR
Shareholders
| Asseco International, a. s. | 92.81 % |
| Other shareholders - less than 5% shares | 7.19% |
Corporate Governance
Asseco Central Europe, a.s. (the “Company”), whose shares were traded on the Warsaw Stock Exchange until May 2, 2017, was bound by the Code of Conduct of the company for companies listed on the Warsaw Stock Exchange (“the Code”) approved by the Securities and Exchange Commission Supervisory Board in Warsaw no. 27/1414/2015 dated 13 October 2015. The full text of the of the Company Management Code is available on the website www.corp-gov.gpw.pl. The report on the Company Management Code that was applied to it was published on 19 February 2016. During the public trading period, the necessary principles and methods of company management were incorporated into the standards in line with market standards, i.e. Best Practices, in to documents, processes and norms of the company. Even after the end of public trading of the shares, the Company is aware of the importance of complying with Corporate Governance standards, whether in relation to shareholders or as part of the multinational Asseco Group, and therefore it continues to apply the principles of the Best Practices introduced and adhered to in practice of the Company even though it is not currently bound by any code of management as a non-public traded company.