Integrated report 2020
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Integrated report 2020
The following is a list of the terms and abbreviations most frequently used in these consolidated financial statements.
| Abbreviation | Full name |
|---|---|
| CCIRS | Cross Currency Interest Rate Swaps |
| CGU | Cash Generating Units |
| FDP | Forced Delivery Price |
| FCP | Forced Reception Price |
| EBIT | Earnings Before Interest and Taxes |
| EBITDA | Earnings Before Interest, Taxes, Depreciation and Amortisation |
| EUA | European Union Allowances |
| MPLF | Mining Plant Liquidation Fund |
| ECH | Exchange Clearing House |
| PGE Capital Group, PGE Group, Group, PGE CG | The Capital Group of PGE Polska Grupa Energetyczna S.A. |
| WCCH | Warsaw Commodity Clearing House |
| IRS | Interest Rate Swaps |
| PPA | Power Purchase Agreements |
| IFRIC | International Financial Reporting Interpretations Committee |
| KOGENARACJA S.A. | Zespół Elektrociepłowni Wrocławskich KOGENARACJA S.A. |
| NIP | National Investment Plan |
| IFRS | International Financial Reporting Standards |
| EU IFRS | International Financial Reporting Standards as adopted by the European Union |
| NEPWMF | National Environmental Protection and Water Management Fund |
| IP | Investment property |
| TSO | Transmission System Operator |
| ROUA | Rights to use assets |
| PGE S.A., Company, parent company | PGE Polska Grupa Energetyczna S.A. |
| PGE EC S.A. | PGE Energia Ciepła S.A. |
| PGE EO S.A. | PGE Energia Odnawialna S.A. |
| PGE GiEK S.A. | PGE Górnictwo i Energetyka Konwencjonalna S.A. |
| PGE PGK | Tax Capital Group |
| RPUL | Right of perpetual usufruct of land |
| PPE | Property, plant and equipment |
| Financial statements, consolidated financial statements | Consolidated financial statements of the PGE Capital Group |
| TGE | Towarowa Giełda Energii S.A. |
| ERO | Energy Regulatory Office |
| Electricity Pricing Act | The Act amending the Act on excise tax and certain other acts |
| WACC | Weighted Average Cost of Capital |
| PEPWMF | Provincial Environmental Protection and Water Management Fund |
| IA | Intangible assets |
| CSBF | Company Social Benefits Fund |