TIDM75NN
RNS Number : 3960S
Tauron Polska Energia S.A.
16 March 2021
Estimated results for 2020 and Q4 2020
16 March 2021
TAURON Polska Energia S.A.
(LEI No: 259400NAPDFBOTNCRL54)
TAURON Polska Energia Capital Group's estimated results for 2020
and Q4 2020
TAURON Polska Energia S.A. ("Company", "Issuer") presents
selected estimated consolidated financial results and operating
data of TAURON Polska Energia S.A. Capital Group ("TAURON Group",
"Group") for 2020 and Q4 2020.
Selected estimated financial results for:
(a) 2020
Sales revenue and compensations: PLN 20 917 million, including
discontinued operations: PLN 483 million
EBITDA (operating profit increased by amortization and
write-offs for non-financial assets): PLN 4 223 million, including
discontinued operations: PLN 171 million
EBITDA divided into segments:
- Distribution: PLN 3 023 million
- RES: PLN 297 million
- Generation: PLN 172 million
- Supply: PLN 683 million
- Mining: PLN (157) million
EBIT (operating loss): PLN (1 732) million, including operating
loss from discontinued operations: PLN (717) million
Gross loss: PLN (2 374) million, including gross loss from
discontinued operations: PLN (718) million
Net loss: PLN (2 488) million, including net loss from
discontinued operations: PLN (754) million
CAPEX: PLN 4 039 million
Net debt as of December 31, 2020: PLN 10 595 million
Net debt / EBITDA ratio as of December 31, 2020: 2.51x
(b) Q4 2020
Sales revenue: PLN 5 629 million, including discontinued
operations: PLN 138 million
EBITDA (operating profit increased by amortization and
write-offs for non-financial assets): PLN 809 million, including
discontinued operations: PLN 80 million
EBITDA divided into segments:
- Distribution: PLN 606 million
- RES: PLN 79 million
- Generation: PLN 124 million
- Supply: PLN 43 million
- Mining: PLN (125) million
EBIT (operating loss): PLN (2 618) million, including operating
profit from discontinued operations: PLN 76 million
Gross loss: PLN (2 975) million, including gross profit from
discontinued operations: PLN 76 million
Net loss: PLN (2 548) million, including net profit from
discontinued operations: PLN 42 million
CAPEX: PLN 1 312 million
Selected estimated operating data for:
(a) 2020
Electricity distribution: 50.26 TWh (including to the final
consumers: 48.6 TWh)
Gross electricity production: 12.5 TWh (including OZE: 1.94
TWh)
Heat production: 11.63 PJ
Retail electricity supply: 32.43 TWh
Commercial coal production: 4.54 million tons
Commercial coal sales: 4.08 million tons
(b) Q4 2020
Electricity distribution: 13.32 TWh (including to the final
consumers: 12.84 TWh)
Gross electricity production: 3.79 TWh (including OZE: 0.55
TWh)
Heat production: 4.11 PJ
Retail electricity supply: 8.72 TWh
Commercial coal production: 0.96 million tons
Commercial coal sales: 1.11 million tons
In the fourth quarter of 2020, the TAURON Group's consolidated
financial results were affected by the recognition of impairment
losses as a result of the impairment tests carried out on 31
December 2020 and the reduction in the carrying amount of loans
granted by the Issuer to Elektrociep ownia Stalowa Wola SA, which
reduced the gross financial result of the Group by PLN 3 179
million (no impact on EBITDA).
The financial results presented above are estimates and may be
subject to change.
The final figures will be presented in the consolidated report
for 2020, which is scheduled to be published on March 31, 2021.
Legal basis: Art. 17 sec. 1 of MAR - inside information
Enquiries to:
TAURON Polska Energia S.A.
3 Ks. Piotra ciegiennego Street
40-114 Katowice, Poland
Marcin Lauer - Head of IR
tel. no. +48 32 774 27 06
Pawe Gaworzyński - Chief IR
Officer
tel. no. +48 32 774 25 34
Miros aw Szczygielski - Chief IR
Officer
tel. no. +48 516 112 858
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
STRJFMPTMTMBMTB
(END) Dow Jones Newswires
March 16, 2021 04:06 ET (08:06 GMT)
Tauron Pol 27 (LSE:75NN)
Historical Stock Chart
Von Mai 2024 bis Jun 2024
Tauron Pol 27 (LSE:75NN)
Historical Stock Chart
Von Jun 2023 bis Jun 2024
