PGE Polska Grupa Energetyczna S.A.
ISIN: PLPGER000010 | Ticker: PGE | LEI: 259400MP9VXR0E69MJ89
Country: Poland
We are the leader of changes in the Polish energy industry. According to the Strategy, by 2050, we will be climate-neutral and 100% of electricity supplied to our customers will be green. Our plans include the largest investments in offshore wind assets in the country. By 2040, the capacity of PGE Group’s offshore wind farms will reach at least 6.5 GW.
PGE Group’s strategy contains a transition plan, a path to the decarbonisation of energy generation and the objective of becoming climate-neutral by 2050. We will achieve it by investing in low- and zero-carbon energy sources and grid infrastructure. We will spend over PLN 75 billion on investments by 2030.
1990
Served areaEurope
HeadquartersMysia 2, 00-496 Warszawa – Poland
| Line item in (pln) | 01.01.2019 | 01.01.2020 | 01.01.2021 | 02.01.2021 | 01.01.2022 | 02.01.2022 | 01.01.2023 |
|---|---|---|---|---|---|---|---|
| Assets | N/A | 77,650,000,000.00 | 81,594,000,000.00 | 81,839,000,000.00 | 89,274,000,000.00 | N/A | 105,778,000,000.00 |
| Noncurrent Assets | N/A | 65,055,000,000.00 | 66,498,000,000.00 | 66,743,000,000.00 | 66,547,000,000.00 | N/A | 71,732,000,000.00 |
| Property Plant And Equipment | N/A | 59,690,000,000.00 | 61,741,000,000.00 | 61,986,000,000.00 | 61,125,000,000.00 | N/A | 64,388,000,000.00 |
| Investment Property | N/A | 47,000,000.00 | 41,000,000.00 | 41,000,000.00 | 39,000,000.00 | N/A | 32,000,000.00 |
| Investment Accounted For Using Equity Method | N/A | 715,000,000.00 | 152,000,000.00 | 152,000,000.00 | 156,000,000.00 | N/A | 180,000,000.00 |
| Noncurrent Receivables | N/A | 180,000,000.00 | 191,000,000.00 | 191,000,000.00 | 204,000,000.00 | N/A | 223,000,000.00 |
| Deferred Tax Assets | N/A | 1,318,000,000.00 | 1,351,000,000.00 | 1,351,000,000.00 | 933,000,000.00 | N/A | 3,183,000,000.00 |
| Other Noncurrent Financial Assets | N/A | 58,000,000.00 | 57,000,000.00 | 57,000,000.00 | 117,000,000.00 | N/A | 117,000,000.00 |
| Noncurrent Financial Assets At Fair Value Through Profit Or Loss | N/A | 93,000,000.00 | 132,000,000.00 | 132,000,000.00 | 364,000,000.00 | N/A | 608,000,000.00 |
| Other Noncurrent Nonfinancial Assets | N/A | 676,000,000.00 | 839,000,000.00 | 839,000,000.00 | 873,000,000.00 | N/A | 850,000,000.00 |
| Inventories | N/A | 4,509,000,000.00 | 3,123,000,000.00 | 3,123,000,000.00 | 2,189,000,000.00 | N/A | 4,918,000,000.00 |
| Trade And Other Current Receivables | N/A | 4,815,000,000.00 | 4,812,000,000.00 | 4,812,000,000.00 | 7,727,000,000.00 | N/A | 9,083,000,000.00 |
| Current Tax Assets Current | N/A | 59,000,000.00 | 8,000,000.00 | 8,000,000.00 | 144,000,000.00 | N/A | 239,000,000.00 |
| Other Current Nonfinancial Assets | N/A | 605,000,000.00 | 799,000,000.00 | 799,000,000.00 | 1,240,000,000.00 | N/A | 2,219,000,000.00 |
| Cash and cash equivalents | N/A | 1,313,000,000.00 | 4,189,000,000.00 | 4,189,000,000.00 | 6,733,000,000.00 | 6,733,000,000.00 | 11,887,000,000.00 |
| Current Assets Other Than Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | N/A | 12,593,000,000.00 | 15,089,000,000.00 | 15,089,000,000.00 | 22,714,000,000.00 | N/A | 34,027,000,000.00 |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | N/A | 2,000,000.00 | 7,000,000.00 | N/A | N/A | N/A | N/A |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale | N/A | N/A | 7,000,000.00 | 7,000,000.00 | 13,000,000.00 | N/A | 19,000,000.00 |
| Equity And Liabilities | N/A | 77,650,000,000.00 | 81,594,000,000.00 | 81,839,000,000.00 | 89,274,000,000.00 | N/A | 105,778,000,000.00 |
| Equity | 47,801,000,000.00 | 43,137,000,000.00 | 43,501,000,000.00 | 43,501,000,000.00 | 48,291,000,000.00 | 48,291,000,000.00 | 54,383,000,000.00 |
| Issued Capital | N/A | 19,165,000,000.00 | 19,165,000,000.00 | 19,165,000,000.00 | 19,165,000,000.00 | N/A | 19,184,000,000.00 |
| Retained Earnings | N/A | 3,779,000,000.00 | 4,951,000,000.00 | 4,951,000,000.00 | 7,564,000,000.00 | N/A | 9,333,000,000.00 |
| Equity Attributable To Owners Of Parent | N/A | 42,289,000,000.00 | 42,518,000,000.00 | 42,518,000,000.00 | 47,494,000,000.00 | N/A | 53,538,000,000.00 |
| Noncontrolling Interests | N/A | 848,000,000.00 | 983,000,000.00 | 983,000,000.00 | 797,000,000.00 | N/A | 845,000,000.00 |
| Liabilities | N/A | 34,513,000,000.00 | 38,093,000,000.00 | 38,338,000,000.00 | 40,983,000,000.00 | N/A | 51,395,000,000.00 |
| Noncurrent Liabilities | N/A | 22,687,000,000.00 | 23,075,000,000.00 | 23,308,000,000.00 | 19,159,000,000.00 | N/A | 16,099,000,000.00 |
| Noncurrent Provisions | N/A | 9,652,000,000.00 | 11,207,000,000.00 | 11,207,000,000.00 | 8,559,000,000.00 | N/A | 6,363,000,000.00 |
| Noncurrent Payables | N/A | 475,000,000.00 | 448,000,000.00 | N/A | 517,000,000.00 | N/A | N/A |
| Noncurrent Advances | N/A | N/A | N/A | 65,000,000.00 | 133,000,000.00 | N/A | 141,000,000.00 |
| Noncurrent Deferred Income Other Than Noncurrent Contract Liabilities | N/A | N/A | N/A | 833,000,000.00 | 881,000,000.00 | N/A | 1,011,000,000.00 |
| Other Noncurrent Payables | N/A | N/A | N/A | 448,000,000.00 | 517,000,000.00 | N/A | 478,000,000.00 |
| Deferred Tax Liabilities | N/A | 920,000,000.00 | 345,000,000.00 | 345,000,000.00 | 402,000,000.00 | N/A | 1,002,000,000.00 |
| Other Noncurrent Nonfinancial Liabilities | N/A | 58,000,000.00 | 65,000,000.00 | N/A | 133,000,000.00 | N/A | N/A |
| Noncurrent Derivative Financial Liabilities | N/A | 107,000,000.00 | 385,000,000.00 | 385,000,000.00 | 1,000,000.00 | N/A | 305,000,000.00 |
| Current Liabilities | N/A | 11,826,000,000.00 | 15,018,000,000.00 | 15,030,000,000.00 | 21,824,000,000.00 | N/A | 35,296,000,000.00 |
| Current Provisions | N/A | 4,366,000,000.00 | 7,311,000,000.00 | 7,311,000,000.00 | 12,600,000,000.00 | N/A | 21,223,000,000.00 |
| Trade And Other Current Payables | N/A | 3,636,000,000.00 | 3,504,000,000.00 | 3,504,000,000.00 | 4,601,000,000.00 | N/A | 6,707,000,000.00 |
| Current Deferred Income Other Than Current Contract Liabilities | N/A | N/A | N/A | 89,000,000.00 | 103,000,000.00 | N/A | 97,000,000.00 |
| Current Tax Liabilities Current | N/A | 58,000,000.00 | 476,000,000.00 | 476,000,000.00 | 20,000,000.00 | N/A | 198,000,000.00 |
| Other Current Nonfinancial Liabilities | N/A | 1,865,000,000.00 | 2,203,000,000.00 | 2,203,000,000.00 | 2,258,000,000.00 | N/A | 3,305,000,000.00 |
| Current Derivative Financial Liabilities | N/A | 372,000,000.00 | 63,000,000.00 | 63,000,000.00 | 82,000,000.00 | N/A | 1,629,000,000.00 |
| Line item in (pln) | 01.01.2019/ 01.01.2020 |
01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
|---|---|---|---|---|
| Revenue | 37,627,000,000.00 | 45,766,000,000.00 | 52,772,000,000.00 | 73,435,000,000.00 |
| Interest Revenue Calculated Using Effective Interest Method | 36,000,000.00 | 32,000,000.00 | 35,000,000.00 | 458,000,000.00 |
| Profit Loss From Operating Activities | -4,175,000,000.00 | 1,408,000,000.00 | 5,123,000,000.00 | 4,299,000,000.00 |
| Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method | -57,000,000.00 | -552,000,000.00 | -2,000,000.00 | 0.00 |
| Profit Loss Before Tax | -4,703,000,000.00 | 314,000,000.00 | 4,871,000,000.00 | 4,110,000,000.00 |
| Income Tax Expense Continuing Operations | -775,000,000.00 | 166,000,000.00 | 926,000,000.00 | 720,000,000.00 |
| Profit (loss) | -3,928,000,000.00 | 148,000,000.00 | 3,945,000,000.00 | 3,390,000,000.00 |
| Profit Loss Attributable To Owners Of Parent | -3,961,000,000.00 | 110,000,000.00 | 3,972,000,000.00 | 3,328,000,000.00 |
| Profit Loss Attributable To Noncontrolling Interests | 33,000,000.00 | 38,000,000.00 | -27,000,000.00 | 62,000,000.00 |
| Line item in (pln) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 02.01.2021 | 01.01.2023 | 02.01.2022 |
|---|---|---|---|---|---|---|
| Profit (loss) | -3,928,000,000.00 | 148,000,000.00 | 3,945,000,000.00 | N/A | 3,390,000,000.00 | N/A |
| Adjustments For Decrease Increase In Inventories | -1,811,000,000.00 | 1,370,000,000.00 | 866,000,000.00 | N/A | -2,727,000,000.00 | N/A |
| Adjustments For Provisions | 2,836,000,000.00 | 3,347,000,000.00 | 3,813,000,000.00 | N/A | 7,147,000,000.00 | N/A |
| Other Adjustments To Reconcile Profit Loss | 40,000,000.00 | -4,000,000.00 | -50,000,000.00 | N/A | 44,000,000.00 | N/A |
| Income Taxes Paid Refund Classified As Operating Activities | 555,000,000.00 | 359,000,000.00 | 1,273,000,000.00 | N/A | 2,168,000,000.00 | N/A |
| Cash Flows From Used In Operating Activities | 6,820,000,000.00 | 10,256,000,000.00 | 7,439,000,000.00 | N/A | 11,609,000,000.00 | N/A |
| Cash Flows From Losing Control Of Subsidiaries Or Other Businesses Classified As Investing Activities | N/A | 0.00 | 368,000,000.00 | N/A | 111,000,000.00 | N/A |
| Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities | 0.00 | 122,000,000.00 | 0.00 | N/A | 797,000,000.00 | N/A |
| Cash Receipts From Repayment Of Advances And Loans Made To Other Parties Classified As Investing Activities | N/A | N/A | 0.00 | N/A | 16,000,000.00 | N/A |
| Other Inflows Outflows Of Cash Classified As Investing Activities | 40,000,000.00 | 31,000,000.00 | 12,000,000.00 | N/A | 18,000,000.00 | N/A |
| Cash Flows From Used In Investing Activities | -6,865,000,000.00 | -6,037,000,000.00 | -4,367,000,000.00 | N/A | -7,296,000,000.00 | N/A |
| Payments From Changes In Ownership Interests In Subsidiaries | 282,000,000.00 | 17,000,000.00 | 0.00 | N/A | N/A | N/A |
| Proceeds From Issuing Shares | N/A | N/A | 0.00 | N/A | 3,197,000,000.00 | N/A |
| Proceeds From Borrowings Classified As Financing Activities | 5,359,000,000.00 | 4,451,000,000.00 | 601,000,000.00 | N/A | 2,293,000,000.00 | N/A |
| Dividends Paid Classified As Financing Activities | 4,000,000.00 | 2,000,000.00 | N/A | N/A | N/A | N/A |
| Interest Paid Classified As Financing Activities | 358,000,000.00 | 373,000,000.00 | 358,000,000.00 | N/A | 364,000,000.00 | N/A |
| Other Inflows Outflows Of Cash Classified As Financing Activities | 17,000,000.00 | 35,000,000.00 | 45,000,000.00 | N/A | 37,000,000.00 | N/A |
| Cash Flows From Used In Financing Activities | 77,000,000.00 | -1,357,000,000.00 | -528,000,000.00 | N/A | 841,000,000.00 | N/A |
| Effect Of Exchange Rate Changes On Cash And Cash Equivalents | -2,000,000.00 | 14,000,000.00 | -17,000,000.00 | N/A | 7,000,000.00 | N/A |
| Increase (decrease) in cash and cash equivalents after effect of exchange rate changes | 32,000,000.00 | 2,862,000,000.00 | 2,544,000,000.00 | N/A | 5,154,000,000.00 | N/A |
| Cash and cash equivalents | 1,313,000,000.00 | 4,189,000,000.00 | 6,733,000,000.00 | 4,189,000,000.00 | 11,887,000,000.00 | 6,733,000,000.00 |
Please note that some sums might not add up.
PLPGER000010
LEI259400MP9VXR0E69MJ89
SectorWIG30
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