PGE Polska Grupa Energetyczna S.A.

Earnings Release • Mar 7, 2018

Selected standalone financial data

of PGE Polska Grupa Energetyczna S.A.

	Per iod ded en ber Dec 31 em ,		Per iod ded en ber Dec 31 em ,
	201 7	201 6	201 7	201 6
	(au dite d)	(aud ited )	(aud ited )	(aud ited )
	mil PLN	lion	mil lion EUR
Sale s re ven ues	9 1 85	10 8 47	2 1 64	2 4 79
fit/ loss fro atin Net pro m o per g ivit ies act	541	495	127	113
t/lo Gro rofi ss ( bef ss p ore atio n) tax	49 4 5	1 67 4	1 07 2	383
fit/ Net loss for the ing ort pro rep iod per	4 5 44	1 59 8	1 07 1	365
Tot al in com e	4 5 05	1 76 4	1 06 1	403
h fr Net ting cas om op era ivit ies act	801	874	189	200
h fr Net inv ing est cas om ivit ies act	-58 2	-4 9 31	-13 7	-1 1 27
h fr fin ial a Net ctiv itie cas om anc s	-31 8	3 9 77	-75	909
ch h a nd h Net e in ang cas cas ival ent equ s	-99	-80	-23	-18
(in P LN/ Net ning r sh EUR ear s pe are re) sha per	2.4 3	0.8 5	0.5 7	0.2 0
Dilu ted ning r sh (in ear s pe are /EU r sh ) PLN R pe are	2.4 3	0.8 5	0.5 7	0.2 0
ight ed umb of We ave rage n er sha (issu ed o rdin sha d res ary res use for calc ulat of E PS) ion	1 86 9 7 60 829	1 86 9 7 60 829	1 86 9 7 60 829	1 86 9 7 60 829

	As at		As at
	ber Dec 31 em , 201 7	ber Dec 31 em , 201 6	ber Dec 31 em , 201 7	ber Dec 31 em , 201 6
	(au dite d)	(aud ited )	(aud ited )	(aud ited )
	mil lion PLN		mil lion EUR
Non rent ets -cur ass	44 887	39 079	10 7 62	8 8 33
Cur rent ets ass	4 7 44	72 5 5	1 13 7	1 25 9
Tot al a sset s	49 631	44 651	11 8 99	10 0 93
Equ ity	39 144	34 638	9 3 85	7 8 30
Sha apit al re c	19 165	19 165	4 5 95	4 3 32
liab ilitie Lon g-te rm s	7 7 75	8 9 32	1 86 4	2 0 19
Sho liab ilitie rt-te rm s	2 7 12	1 08 1	650	244

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 31,2017 – 4.1709 EUR/PLN and December 31, 2016 – 4.4240 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, 2017 till December 31, 2017 – 4.2447 EUR/PLN; and for the period from January 1, 2016 till December 31, 2016 – 4.3757 EUR/PLN.