Revenues, costs, financial results, increases in non-current assets

Home page
Financial results
Segment's data
11. Revenues, costs, financial results, increases in non-current assets

11. REVENUES, COSTS, FINANCIAL RESULTS, INCREASES IN NON-CURRENT ASSETS

2022

	NOTE	Refining Segment	Petrochemical Segment	Energy Segment	Retail Segmentl	Upstream Segment	Gas Segment	Corporate Functions	Adjustments	Total
External revenues Inter-segment revenues	13.1;13.2;13.3	131,477 55,951	24,475 5,699	27,044 7,757	65,329 175	2,718 5751	25,887 3,764	634 819	- (79,916)	277,56 -
Sales revenues Total operating expenses		187,428 (159,493)	30,174 (27,910)	34,801 (32,413)	65,504 (63,536)	8,469 (1,612)	29,651 (31,796)	1,453 2,984	(79,916) (79,905)	277,564 (239,839)
Other operating income	13.10	1,015	631	1,385	102	242	1,697	14,261	-	19,333
gain on bargain purchase of the LOTOS Group and of the PGNiG Group	13.10	-	-	-	-	-	-	14,166	-	14,166
Other operating expenses	13.11	(9,924)	(934)	(1,397)	(143)	(1,472)	(1,670)	(400)	-	(15,940)
(Loss)/reversal of loss due to impairment of trade receivables	13.13	(1)	(4)	(140)	(6)	(21)	(148)	11	-	(309)
Share in profit from investments accounted for using the equity method	14.3	10	219	64	-	1	(10	-	-	284
Profit/(Loss) from operations		19,035	2,176	2,300	1,921	5,607	(2,276)	12,341	(11)	41,093
Net finance income and costs	13.12									(486)
(Loss)/reversal of loss due to impairment of loans and interest on trade receivables	13.13									(14)
Profit before tax										40,593
Tax expense	13.14									(6,963)
Net profit										33,630

Depreciation and amortisation	13.9.2	1,583	1,104	1,744	866	988	305	326	-	6,916
EBITDA		20,618	3,280	4,044	2,787	6,595	(1,971)	12,667	(11)	48,009
ncreases in non-current assets		4,333	5,065	4,368	1,409	2,253	1,815	485	-	19,728

2021

	NOTE	Refining Segment	Petrochemical Segment	Energy Segment	Retail Segment	Segment Wydobycie	Corporate Functions	Adjustments	Total
External revenues Inter-segment revenuesi	13.1;13.2;13.3	56,967 28,577	16,011 2,252	16,011 3,474	41,082 85	798 -	444,580	- (34,968)	131,341 -
Sales revenues Total operating expenses		85,544 (79,532)	18,263 (16,698)	19,513 (18,876)	41,167 (39,079)	798 (523)	1,024 (2,171)	(34,968) 34,968	131,341 (121,911)
Other operating income Other operating expenses	13.10 13.11	3,144 (2,858)	1,666 (127)	1,638 (414)	120 (158)	1,058 (288)	285 (153)	- -	7,911 (3,998)
(Loss)/reversal of loss due to impairment of trade receivables	13.13	(10)	(2)	(69)	(5)	-	-	-	(86)
Share in profit from investments accounted for using the equity method	14.3	1	388	223	-	-	1	-	613
Profit/(Loss) from operations		6,289	3,490	2,015	2,045	1,045	(1,014)	-	13,780
Net finance income and costs	13.12								(179)
(Loss)/reversal of loss due to impairment of loans and interest on trade receivables	13.13								(8)
Profit before tax									13,683
Tax expense	13.14								(2,495)
Net profit									11,188

Depreciation and amortisation	13.9.2	1,367	1,029	1,588	805	260	292	-	5341
EBITDA		7,656	4,519	3,603	2,850	1,305	(722)	-	19,211
Increases in non-current asset		2,376	3,051	2,616	1,141	363	343	-	9,890

Increase in non-current assets (CAPEX) includes increase of property, plant and equipment, intangible assets, investment property and right-of-use asset together with the capitalisation of borrowing costs and a decrease in received/due penalties for the improper execution of a contract.

Impairment allowances of property, plant and equipment, intangible assets, right-of-use assets, other non-current assets and non-current assets classified as held for sale

	NOTE	2022	2021	2022	2021;
Refining Segment		(5,072)	(91)	5	81
Petrochemical Segment		(91)	(2)	-	32
Energy Segment		(49)	(92)	1	15
Retail Segment		(31)	(98)	17	51
Upstream Segment		(1,252)	(128)	196	1,046
Gas Segment		(48)	-	3	-
Impairment allowances in segments		(6,543)	(411)	222	1,225
Corporate Functions		(9)	(4)	-	1
	13.10, 13.11, 14.4	(6,552)	(415)	222	1,226

Short-cuts:

ORLEN Group 2022 Integrated Report

You can also download the report in PDF format

Download pdf