GRI:
Financial capital
The capital from which the Budimex Group finances its business is the funds entrusted to it by shareholders and lenders, as well as the funds that it generates by creating profits.
The Group conducts activities that result in the construction of road and rail infrastructure as well as public facilities. It purchases the necessary raw materials and materials, settles its obligations to its business partners in a timely and reliable manner, and thus ensures their financial liquidity.
| Capital input data | Capital management | Results achieved |
| total assets: PLN 6,673,959 thousand* |
|
increase in the value of total assets by 11.8% |
| equity: PLN 836,640 thousand* | increase in equity by 41.9% | |
| long-term liabilities PLN 1,049,392 thousand* | increase in the value of long-term liabilities by 8.6% | |
| short-term liabilities PLN 4,787,927 thousand* | increase in the value of short-term liabilities by 7.3% | |
| sales revenues: PLN 7,569,663 thousand* | increase in sales revenues by 10.7% | |
| net profit: PLN 228,851 thousand* | increase in the net profit by 106% |
*balance at the end of 2019
Human capital
Budimex Group is made up of experienced engineers and other professionals involved in creating sustainable value.
The Group ensures fair working conditions for its employees and counterparties. It supports its workers in the development of competences. It conducts a number of activities for future engineers, e.g. under the “Budimex Academy”, internship and apprenticeships programmes. The core value of its activities is concern for the health and safety of all employees. Therefore, the operations for the sake of safety improvement on construction sites include everyone: employees, contractors, consortium members, suppliers, and individuals involved in the project implementation.
| Capital input data | Capital management | Results achieved |
| number of employees: 7,273 |
|
Percentage share of new employees 24.9% |
| number of employed women: 1,525 | turnover ratio: 27.8% | |
| number of employed men: 5,748 | decrease in the total number of accidents at work among the company’s employees (2020 vs 2019) by 9 cases | |
| percentage of the company’s employees and third-party employees working under supervision of the organisation, covered by the OHS management system 94% |
Organisational capital
The organisational capital of the Budimex Group is its unique structure, which makes it possible to gather complementary competences, thus offering a wide range of services.
Budimex Group provides a safe workplace for its employees and contractors, and has a modern stock of the machinery and equipment necessary for the completion of contracts.
| Capital input data | Capital management | Results achieved |
| tangible fixed assets: PLN 512,921 thousand* |
|
increase in the value of tangible fixed assets by 7% |
| number of pre-qualified subcontractors: 820 | number of conducted final assessments of subcontractors: 694; number of identified irregularities 40 |
*balance at the end of 2019
Intellectual capital
Intellectual capital is the sum of the unique technical solutions developed over the years, resulting from research and development. It also includes the knowledge and competences of the Budimex Group's employees, who create effective solutions that ensure, among other things, the safety of the recipients of the Group's undertakings and the natural environment.
| Capital input data | Capital management | Results achieved |
| intangible assets: PLN 168,822 thousand* |
|
expenditure on R&D (with consideration of own expenditure and obtained subsidies): PLN 14,910 thousand |
| number of employees involved in innovative projects: 54* | more than a threefold increase in the number of employees involved in innovative projects | |
| a number of training hours per employee: 10** | an increase of 21% in the number of training hours per employee |
*balance at the end of 2019
**balance at the end of 2019, applies to Budimex S.A.
Social capital
Social capital, as understood by the Budimex Group, is the ability to build relations with its environment, i.e. with suppliers, subcontractors and local communities, which it supports e.g. through employee volunteering, sponsorship and donations. The Group cooperates with other companies, including competitors („Agreement for Safety in Construction” {target=_blank} to address common problems in the industry.
| Capital input data | Capital management | Results achieved |
| income tax paid to the state budget in the amount of over PLN 103,506 thousand* |
|
increase in the income tax paid to the budget by 45.5% |
| PLN 883 thousand of donations paid for social purposes* | almost fivefold increase in the amount allocated for social purposes in the form of donations | |
| PLN 1650 thousand spent on sponsoring* |
*balance at the end of 2019
Natural capital
For the Budimex Group, natural capital is its influence exerted (directly and indirectly) on the environment.
The Group strives to reduce its impact on the environment (including climate), increase the efficiency of natural resources management and applies the principles of ecological responsibility in the supply chain. It protects the most valuable natural areas ensuring correct construction site planning and security. It constantly monitors its impact on the surroundings and responds to all potential risks.
| Capital input data | Capital management | Results achieved |
| total energy consumption: 891,436.57 GJ* |
|
decrease in energy consumption by 10% |
| CO2 emissions (range 1 and 2): 78,999.97** | 15.4% reduction in CO2 emissions | |
| Purchase of renewable energy: 9,649.25 GJ | 64.8% increase in purchased renewable energy | |
| water consumption: 327,321.69 m3* | decrease in water consumption by 39% |
*balance at the end of 2019
**balance at the end of 2019, concerning Budimex S.A.