Górnośląskie Towarzystwo Lotnicze GTL S.A.

Upper Silesian Aviation Group

Assessment with 5A System: CCNNN

Place on the List of aviation sector: 56

Place on the 500’2009 List: not listed

www.gtl.com.pl

Established in: 1991

Company size: large

Address: 40–161 Katowice, 38 Korfantego Av.Zobacz na mapie

Voivodship: Silesian

Type of business: airports

Description of business activity: The Przedsiębiorstwo Górnośląskie Towarzystwo Lotnicze GTL S.A. is the management entity of the International Katowice Airport in Pyrzowice (MPL Katowice). The most important company’s objective is an expansion of the MPL Katowice infrastructure and the highest standard of provided services. The company has numerous subsidiaries providing complex ground handling of aircraft, crews, passengers and goods (GTL LOT UL), advertising services (GTL Service), cargo services (GTL Cargo, Cargo Air GTL) and catering services (LCS).

Shareholders:: Przedsiębiorstwo Państwowe Porty Lotnicze – 33,1%, WĘGLOKOKS S.A. – 25,6%, Inni – 41,3%

Financial data (thousand PLN)
2004 2005 2006 2007 2008 2009
Net revenues from sales 35 727 46 161 50 786 64 681 83 318 79 855
Net financial result
(profit/loss)
2 960 5 185 8 012 20 427 21 146 9 101
Capitalized value of R&D expenses
Intangible assets 672 696 1 189 2 181
Total assets 154 400 176 610 199 239 226 868 249 007 279 415
Equity 87 254 102 201 109 695 129 521 149 926 192 188

Description of innovative activity: According to the 5A System, the company level of market and process innovation is highly rated. The company assessment with 5A System is CCNNN.

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