KGHM exercises the utmost care in reporting financial performance.
Key data on the quotations of shares of KGHM Polska Miedź S.A. on the Warsaw Stock Exchange (WSE)
|Symbol: KGHM ISIN: PLKGHM000017||Unit of measure||2014||2013|
|Number of shares issued||shares||200 000 000||200 000 000|
|Closing price on the last trading day in the year||PLN||108.85||118.00|
|Market capitalization at year’s end||bn PLN||21.8||23.6|
|Change of stock price since the end of previous year||per.||-7.75||-37.89|
|Highest closing price in the year||PLN||138.00||193.50|
|Lowest closing price in the year||PLN||99.90||111.00|
|Average traded volume per session||shares||883 361||950 299|
Stock quotations of KGHM Polska Miedź S.A. versus the WIG Index
KGHM uses an advanced system of checks and information disclosure procedures. The process of preparing financial statements is described in the corporate governance statement (http://kghm.com/en/ investors/corporate-governance/ governance-compliance). KGHM exercises the utmost care in reporting financial performance. In addition to fully complying with financial reporting regulations, we also engage in on-going and transparent communication with both Polish and foreign investors. This communication with shareholders is of particular importance for us.
In 2014, the Company established a Disclosure Committee. The role of the Disclosure Committee is to supervise the disclosure of information by KGHM, and to make sure that information is disclosed on time, is precise, transparent, complete and presented in line with legal requirements, existing regulations, and applied best practices. The information disclosed also has to reflect the financial standing and operational position of the Company.