Integrated report 2020
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- Sustainable transformation
- PGE in 2020
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Integrated report 2020
| STATEMENT OF PROFIT OR LOSS | Note |
Year ended December 31, 2020 |
Year ended December 31, 2019 |
|---|---|---|---|
| SALES REVENUE | 7.1 | 45,766 | 37,627 |
| Cost of goods sold | 7.2 | (41,611) | (40,134) |
| GROSS PROFIT / (LOSS) ON SALES | 4,155 | (2,507) | |
| Distribution and selling expenses | 7.2 | (1,492) | (1,361) |
| General and administrative expenses | 7.2 | (1,189) | (1,099) |
| Net other operating income/(expenses) | 7.3 | (66) | 792 |
| OPERATING PROFIT/(LOSS) | 1,408 | (4,175) | |
| Net finance costs, including: | 7.4 | (542) | (471) |
| Interest income calculated using the effective interest rate method | 32 | 36 | |
| Share of profit / (loss) of entities accounted for using the equity method | 7.5 | (552) | (57) |
| GROSS PROFIT / (LOSS) | 314 | (4,703) | |
| Income tax expense | 8.1 | (166) | 775 |
| NET PROFIT/(LOSS) FOR THE REPORTING PERIOD | 148 | (3,928) | |
| OTHER COMPREHENSIVE INCOME | |||
| Items that may be reclassified to profit or loss in the future: | |||
| Valuation of debt financial instruments | 20.3 | (4) | – |
| Valuations of hedging instruments | 20.3 | 387 | (336) |
| Foreign exchange differences from translation of foreign entities | 20.4 | 6 | – |
| Deferred tax | 8.1 | (73) | 65 |
| Items that may not be reclassified to profit or loss in the future: | |||
| Actuarial gains and losses from valuation of provisions for employee benefits | 22 | (235) | (266) |
| Deferred tax | 8.1 | 46 | 49 |
| Share of other comprehensive income of entities accounted for using the equity method | 7.5 | (2) | (5) |
| OTHER COMPREHENSIVE INCOME FOR THE REPORTING PERIOD, NET | 125 | (493) | |
| TOTAL COMPREHENSIVE INCOME | 273 | (4,421) | |
| NET PROFIT/(LOSS) ATTRIBUTABLE TO: | |||
| – shareholders of the parent company | 110 | (3,961) | |
| – non-controlling interests | 38 | 33 | |
| COMPREHENSIVE INCOME ATTRIBUTABLE TO: | |||
| – shareholders of the parent company | 235 | (4,453) | |
| – non-controlling interests | 38 | 32 | |
| NET PROFIT/(LOSS) AND DILUTED NET PROFIT/(LOSS) PER SHARE ATTRIBUTABLE TO SHAREHOLDERS OF THE PARENT COMPANY (IN PLN) | 20.7 | 0.06 | (2.12) |