PGE Polska Grupa Energetyczna S.A.

Selected consolidated financial data

of PGE Capital Group

	Period ended		Period ended
	June 30,		June 30,
	2022	2021	2022	2021
		(not audited) (not audited) Data restated	(not audited) (not audited)	Data restated
	PLN million			EUR million
Sales revenues	32 625	21 950	7 027	4 827
Net profit/loss from operating activities	4 254	3 158	916	694
Gross profit/loss (before taxation)	4 000	3 210	862	706
Net profit/loss for the reporting period	3 305	2 719	712	598
Net profit attributable to equity holders of the parent company	3 288	2 690	708	592
Total income	4 032	2 659	868	585
Net cash from operating activities	4 993	3 290	1 075	724
Net cash from investing activities	-2 720	-2 076	-586	-457
Net cash from financial activities	1 928	12	415	3
Net change in cash and cash equivalents	4 201	1 226	905	270
Net earnings per share (in PLN/EUR per share)	1.63	1.44	0.35	0.32
Diluted earnings per share (in PLN/EUR per share)	1.63	1.44	0.35	0.32
Weighted average number of shares (issued ordinary shares used for calculation of EPS)		2 014 383 213 1 869 760 829 2 014 383 213 1 869 760 829

	As at		As at
	June 30, 2022	December 31, 2021	June 30, 2022	December 31, 2021
	(not audited)	(audited)	(not audited)	(audited)
	PLN million EUR million
Non-current assets	66 744	66 239	14 260	14 402
Current assets	26 534	22 714	5 669	4 938
Assets classified as intended for sale	14	13	3	3
Total assets	93 292	88 966	19 932	19 343
Equity	55 523	48 291	11 862	10 499
Equity attributable to equity holders of the parent	54 721	47 494	11 691	10 326
Share capital	19 184	19 165	4 099	4 167
Long-term liabilities	16 311	18 878	3 485	4 104
Short-term liabilities	21 458	21 797	4 584	4 739
Number of shares as at the end of the reporting period			2 243 712 994 1 869 760 829 2 243 712 994 1 869 760 829
Book value per share (in PLN/EUR per share)	24.39	25.40	5.21	5.52
Diluted book value per share (in PLN/EUR per share)	24.39	25.40	5.21	5.52

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 30,2022 – 4.6806 EUR/PLN and December 31, 2021 – 4.5994 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, 2022 till June 30, 2022 – 4.6427 EUR/PLN; and for the period from January 1, 2021 till June 30, 2021 – 4.5472 EUR/PLN.