Report no. 7/2015

Pursuant to §5 (1) (3) of the Regulation of the Minister of Finances of 19 February 2009 on current and periodical information provided by issuers of securities, the Management Board of EMC Instytut Medyczny S.A. reports that on 16 January 2015 the Company received from Regionalne Centrum Zdrowia Sp. z o. o. in Lubin contracts concluded with the National Health Fund - the Dolnośląskie Voivodeship Branch in Wrocław (the Fund Branch), regarding healthcare services in the scope of inpatient treatment, outpatient specialist care, outpatient specialist care (outpatient cost-consuming diagnostic services), therapeutic rehabilitation, primary health care, palliative and hospice care, nursing and care services in terms of long-term care for the period 1 January to 31 December 2015.
Healthcare services specified in the above contracts and annexes are provided by the hospital managed by the subsidiary company of EMC Instytut Medyczny S.A. - Regionalne Centrum Zdrowia Sp. z o. o. in Lubin. The Issuer informed about EMC Instytut Medyczny SA running the hospital in Lublin in its current reports nos. 31/2014 of 18.02.2014; 60/2014 of 10.06.2014; 85/2014 of 23.09.2014 and 113/2014 of 29.12.2014.
Among contracts concluded by Regionalne Centrum Zdrowia Sp. z o. o. with the Fund Branch, the contract for the providing healthcare services such as inpatient treatment, marked as 03/1/3302673/01/2015/01 is the contract with the highest value.
The Parties to the contract are the subsidiary of the Issuer -Regionalne Centrum Zdrowia Sp. z o.o and the National Health Fund - the Dolnośląskie Voivodeship Branch in Wrocław (the Fund Branch).
The subject of the contract is the provision of healthcare services such as inpatient treatment Regionalne Centrum Zdrowia Sp. z o.o.

The maximum amount of Fund Branch liability towards the Issuer specified in the totals PLN 45,620,918 contract in the period 1 January to 31 December 2015.The subsidiary of the Issuer -Regionalne Centrum Zdrowia Sp. z o. o undertakes, within the duration of the contract, to conclude a civil liability insurance contract against damages caused in relation to the provision of services.

In the case of non-performance or improper performance of the contract, caused by the Company, the Director of the Fund Branch may impose a contractual penalty. In the case of writing out prescriptions to unauthorised persons or in unjustified cases, the Fund Branch may impose on the subsidiary of the Issuer -Regionalne Centrum Zdrowia Sp. z o.o a contractual penalty amounting to the equivalent of the unjustified refund of the costs of medication made on the basis of prescriptions together with statutory interest calculated from the day of making the refund. In the case of issuing orders for delivery of medical products which are orthopaedic goods and auxiliary goods fully or partially financed by the Funds to unauthorised persons or in unjustified cases, the Fund Branch may impose on the subsidiary of the Issuer -Regionalne Centrum Zdrowia Sp. z o. o. a contractual penalty amounting to the equivalent of the unjustified financing together with statutory interest calculated from the day of making the refund. Failure to fulfill the obligation to obtain authorization from the Fund Branchto use e-WUS in order to ensure that entitled beneficiaries are provided with health care services financed from public funds, may result in the Fund Branch imposing a 1% penalty of the amount referred to in the abovementioned contract on the Subsidiary of the Issuer - Regionalne Centrum Zdrowia Sp. z o. o.
Contractual penalties specified above shall be imposed pursuant to provisions stipulated in General Terms and Conditions of the contracts.
The contract has been concluded for the period from 1 January 2012 to 31 June 2016 with a possibility of its termination by each party upon a 3-month termination notice. 

The total maximum Fund Branch liability towards the subsidiary of the Issuer with regard to healthcare services rendered by Regionalne Centrum Zdrowia Sp. z o. o. currently amounts to PLN 52,889,004.15 for the period 1 January to 31 December 2015.
The total maximum Fund Branch liability towards the subsidiary of the Issuer is PLN 57,857,042,94 for the period 1 January to 31 December 2015.
A criterion for a contract to be considered significant: The value of contracts exceeds 10% of the Issuer’s equity capital.