Integrated report 2020
SELECTED FINANCIAL DATA OF PGE GROUP
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
CONSOLIDATED STATEMENT OF FINANCIAL POSITION
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
CONSOLIDATED STATEMENT OF CASH FLOWS
1. General information
1.1 Information on the parent company
1.2 Information on the PGE Capital Group
1.3 Composition of the PGE Capital Group
1.4 Settlement of the new acquisitions
2. Basis for preparation of the financial statements
2.1 Statement of compliance
2.2 Presentation and functional currency
2.3 New standards and interpretations published, not yet effective
3. Impairment test for property, plant and equipment, intangible assets and goodwill
3.1 Analysis of the circumstances relating to the Conventional Power Generation segment
3.2 Impairment tests of goodwill allocated to the Heat Generation segment
3.3 Description of the circumstances relating to the Renewable Power Generation segment
3.4 Property, plant and equipment in the Distribution segment
4. Selected accounting principles
5. Changes in accounting principles and data presentation
6. Information on the business segments
6.1 Information on sectoral segments
6.2 Information on geographical areas
7. Revenue and expenses
7.1 Sales revenue
7.2 Expenses by kind and function
7.2.1 Depreciation, liquidation and write-downs
7.2.2 Consumption of materials and energy
7.2.3 Third party services
7.2.4 Taxes and charges
7.2.5 Costs of employee benefits and structure of employment
7.3 Other operating income and expenses
7.4 Finance income and expenses
7.5 Share in profit of entities accounted for using the equity method
8. Income tax expense
8.1 Tax in the statement of comprehensive income
8.2 Effective tax rate
9. Property, plant and equipment
10. Investment property
11. Intangible assets and goodwill
12. Right-of-use assets
13. Shares and interests accounted for using the equity method
14. Deferred tax in the statement of financial position
14.1 Deferred income tax assets
14.2 Deferred tax liabilities
15. Inventories
16. CO2 emission allowances for captive use
17. Other current and non-current assets
17.1 Other non-current assets
17.2 Other current assets
18. Cash and cash equivalents
19. Assets and liabilities of the Company Social Benefits Fund
20. Equity
20.1 Share capital
20.2 Reserve capital
20.3 Hedging reserve
20.4 Foreign exchange differences from translation
20.5 Undistributed financial result and dividend payment restrictions
20.6 Equity attributable to non-controlling interests
20.7 Earnings/loss per share
20.8 Dividends paid and proposed
21. Provisions
21.1 Provision for land rehabilitation
21.2 Provision for the shortage of CO2 emission allowances
21.3 Provision for property rights to be redeemed
21.4 Provision for non-contractual use of real property
21.5 Settlements with prosumers
22. Employee benefits
23. Deferred income and government grants
23.1 Long-term deferred income and government grants
23.2 Short-term deferred income and government grants
24. Other non-financial liabilities
24.1 Other non-current non-financial liabilities
24.2 Other current non-financial liabilities
25. Financial instruments
25.1 Description of significant items within the particular categories of financial instruments
25.1.1 Financial receivables and other financial receivables
25.1.2 Derivatives and other receivables measured at fair value through profit or loss
25.1.3 Credits, loans, bonds and leases
25.1.4 Trade payables and other financial liabilities
25.2 Fair value of financial instruments
25.3 Fair value hierarchy
25.4 Statement of comprehensive income
25.5 Security for payment of receivables and payables
26. Objectives and principles of financial risk management
26.1 Market risk
26.1.1 Commodity risk
26.1.2 Interest rate risk
26.1.3 Currency risk
26.2 Liquidity risk
26.3 Credit risk
26.3.1 Trade receivables. Other loans and financial receivables
26.3.2 Deposits, cash and cash equivalents
26.3.3 Derivative instruments
26.3.4 Granted guarantees and sureties
26.4 Market (financial) risk – sensitivity analysis
26.5 Hedge accounting
27. Statement of cash flows
27.1 Cash flows from operating activities
27.2 Cash flows from investing activities
27.3 Cash flows from financing activities
28.Contingent receivables and payables. Litigation
28.1 Contingent liabilities
28.2 Other significant issues related to contingent liabilities
28.3 Contingent receivables
28.4 Other court cases and disputes
29. Future capital expenditure commitments
30. Tax settlements
31. Information on related entities
31.1 Associates and jointly controlled entities
31.2 Companies controlled by the State Treasury
31.3 Management remuneration
32. Entity authorised to audit financial statements
33. Significant events during and after the reporting period
33.1 The Act amending the Act on excise tax and certain other acts
33.2 Onerous contracts resulting, among others, from the approval of a tariff for G tariff group customers
33.3 The impact of the COVID-19 pandemic on the activities of the PGE Capital Group
33.4 Submission of a preliminary offer to acquire assets from the Fortum Group
33.5 Events after the reporting date
34. Approval of the financial statements
35. Glossary of terms and abbreviations
