PGE Polska Grupa Energetyczna S.A.

Selected standalone financial data

	Period ended		Period ended
	June 30,		June 30,
	2018	2017	2018	2017
	(not audited)	(not audited)	(not audited)	(not audited)
	PLN million		EUR million
Sales revenues	5 179	4 591	1 222	1 081
Net profit/loss from operating activities	274	290	65	68
Gross profit/loss (before taxation)	302	4 437	71	1 045
Net profit/loss for the reporting period	256	4 452	60	1 048
Total income	236	4 395	56	1 035
Net cash from operating activities	107	557	25	131
Net cash from investing activities	-765	2 280	-180	537
Net cash from financial activities	-879	-167	-207	-39
Net change in cash and cash equivalents	-1 537	2 670	-363	629
Net earnings per share (in PLN/EUR per share)	0.14	2.38	0.03	0.56
Diluted earnings per share (in PLN/EUR per share)	0.14	2.38	0.03	0.56
Weighted average number of shares (issued ordinary shares used for calculation of EPS)	1 869 760 829	1 869 760 829	1 869 760 829	1 869 760 829

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 EUR/PLN as of June 30,2018 – 4.3616 EUR/PLN and December 31, 2017 – 4.1709 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, 2018 till June 30, 2018 – 4.2395 EUR/PLN; and for the period from January 1, 2017 till June 30, 2017– 4.2474 EUR/PLN.