Renovation of Poland’s Infrastructure Through the Supply of

Steel (Nucor)

Karen GuerreroJennifer Pham

Joel ChildsZach Ross

Financial Aspects

• Price of Steel 2008 v. 2009

• Impact of the global economic crisis

• Poland- 2012 Euro Soccer Championship• Domestic Steel Production

• 158,000 MT’s

• 1/3 Supply (53,000)

Financial Aspects

Steel$575 /

Metric Ton

Steel$575 /

Metric Ton

Coking Coal$125 / MT

Coking Coal$125 / MT

Iron Ore$75 /MTIron Ore$75 /MT

Steel Scraps

$200 /MT

Steel Scraps

$200 /MT

Financial AspectsIncome Statement

Year 2009 2010 2011 2012 2013

Revenue 6.9 M 9.2 M 9.2 M 6.7 M 1.8 M

COGS 4.8M 6.6 M 6.6 M 4.8 M 1.3 M

Gross Profit 2.1 M 2.6 M 2.6 M 1.9 M 500,000

Operating Expenses (30%)630,000 780,000 780,000 570,000 150, 000

Operating Income 1.47 M 1.82 M 1.82 M 1.3 M 350,000

Taxes (34%) 500, 000 618,000 618,000 442,000 119,000

Net Income 970,000 1.2M 1.2M 858,000 231,000

2009: 12,000 MT at $575/MT

2010: 15,000 MT at $615/MT COGS: $440 / MT

2011: 15,000 MT at $615/MT COGS: $440 / MT

2012: 11,000 MT at $615/MT COGS: $440/MT

2013: 3,000 MT at $615/MT COGS: $440/MT

4.46 M