Share premium represents the excess of the issue price over the par value of Series B, C and D shares, net of costs directly attributable to the share issue.

Dec 31 2015
PLN '000
Series B Series C Series D Total
Share premium 980,000 340,773 940,500 2,261,273
Costs directly attributable to the share issue (9,049) (376) (23,538) (32,963)
Total 970,951 340,397 916,962 2,228,310
Dec 31 2014
PLN '000
Series B Series C Series D Total
Share premium 980,000 340,773 940,500 2,261,273
Costs directly attributable to the share issue (9,049) (376) (22,222) (31,647)
Total 970,951 340,397 918,278 2,229,626
PLN '000 Year ended
Dec 31 2015
Year ended
Dec 31 2014
At beginning of period 2,229,626 1,311,348
Series D share premium - 940,500
Costs directly attributable to Series D share issue (1,316) (22,222)
At end of period 2,228,310 2,229,626

15

The Notes to the consolidated financial statements are an integral part of the statements.
(This is a translation of a document originally issued in Polish)