PGE Polska Grupa Energetyczna S.A.

Earnings Release • Mar 8, 2017

Selected standalone financial data

of PGE Polska Grupa Energetyczna S.A.

	12 nth riod ded mo s pe en ber Dec 31 em		12 nth riod ded mo s pe en ber Dec 31 em
	201 6	201 5	201 6	201 5
	(au dite d)	(au dite d)	(au dite d)	(au dite d)
Sal es r eve nue s	lion PLN mi		llion EUR mi
	10 8 47	10 9 29	2 47 9	2 61 2
fit/ loss fro Net atin pro m o per g ivit ies act	495	715	113	171
t/lo ss ( Gro rofi bef ss p ore atio n) tax	1 67 4	1 79 0	383	428
fit/ loss for the Net pro riod ing ort rep pe	1 59 8	1 76 8	365	422
al i Tot nco me	1 76 4	1 81 0	403	433
h fr Net ting cas om op era ivit ies act	874	797	200	190
Net h fr inv ing est cas om ivit ies act	-4 9 31	48 -1 4	27 -1 1	-34 6
h fr fin ial Net cas om anc ivit ies act	3 97 7	-31 8	909	-76
Net ch e in h a nd h ang cas cas ival ent equ s	-80	-96 9	-18	-23 2
rnin har e (i Net ea gs p er s n /EU har e) PLN R p er s	0.85	0.95	0.20	0.23
Dilu ted rnin har e (i ea gs p er s n /EU e) PLN R p har er s	0.85	0.95	0.20	0.23
ig hte d a ber of We ver age n um sha (iss ued din sh res or ary are s d fo f EP S) lcul atio use r ca n o	1,86 9,76 0,82 9	1,86 9,76 0,82 9	1,86 9,76 0,82 9	1,86 9,76 0,82 9

	As at ber Dec 31 em		As at ber Dec 31 em
	201 6	201 5	201 6	201 5
	(au dite d)	(au dite d)	(au dite d)	(au dite d)
	mi llio PLN n		mi llio EUR n
Non nt a ts -cu rre sse	39 079	35 788	8 8 33	8 3 98
Cur t as set ren s	5 5 72	3 7 52	1 25 9	880
al a Tot ts sse	44 651	39 540	10 093	9 2 78
Equ ity	34 638	33 454	7 8 30	7 8 50
Sha ital re c ap	19 165	18 698	4 3 32	4 3 88
liab iliti Lon g-te rm es	8 9 32	4 2 80	2 0 19	1 00 4
Sho lia bilit ies rt-t erm	1 08 1	1 80 6	244	424

Above financial data were converted into EUR according to the following rules:

● particular items of the assets and liabilities – according to average exchange rate published by the National Bank of Poland as of December 31,2016 – 4.4240 EUR/PLN and as of December 31, 2015 – 4.2615 EUR/PLN.

● particular items of statement of comprehensive income and statement of cash flows – according to the exchange rate constituting an arithmetic average of average exchange rates set out by the National Bank of Poland at the end of every month of the reporting period from January 1, 2016 till December 31, 2016 – 4.3757 EUR/PLN; and for the period from January 1,2015 till December 31, 2015 – 4.1848 EUR/PLN.