PGE Polska Grupa Energetyczna S.A.

Selected standalone financial data

	Period ended		Period ended
	December 31,		December 31,
	2019 (audited)	2018 (audited)	2019 (audited)	2018 (audited)
	Data restated PLN million		Data restated EUR million

Sales revenues	15 146	11 450	3 521	2 683
Net profit/loss from operating activities	779	509	181	119
Gross profit/loss (before taxation)	-1 190	-149	-277	-35
Net profit/loss for the reporting period	-1 259	-203	-293	-48
Total income	-1 330	-310	-309	-73
Net cash from operating activities	-331	558	-77	131
Net cash from investing activities	-297	-2 563	-69	-601
Net cash from financial activities	614	407	143	95
Net change in cash and cash equivalents	-14	-1 598	-3	-375
Net earnings per share (in PLN/EUR per share)	-0.67	-0.11	-0.16	-0.03
Diluted earnings per share (in PLN/EUR per share)	-0.67	-0.11	-0.16	-0.03
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

	As at		As at
	December 31, 2019 (audited)	December 31, 2018 (audited) Data restated	December 31, 2019 (audited)	December 31, 2018 (audited) Data restated
	PLN million		EUR million
Non-current assets	41 355	45 427	9 711	10 564
Current assets	9 083	5 884	2 133	1 368
Total assets	50 438	51 311	11 844	11 933
Equity	37 504	38 834	8 807	9 031
Share capital	19 165	19 165	4 500	4 457
Long-term liabilities	9 665	5 805	2 270	1 350
Short-term liabilities	3 269	6 672	768	1 552

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 December 31, 2019 – 4.2585 EUR/PLN and December 31, 2018 – 4.3000 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, 2019 till December 31, 2019 – 4.3018 EUR/PLN; and for the period from January 1, 2018 till December 31, 2018– 4.2669 EUR/PLN.