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Information about the test for impairment of assets being conducted by the Company

  • No. of the report: 53/2017
  • Report date: 22.12.2017 12:49
  • Report legal ground: Art. 17 sect. 1 of MAR – inside information.

Contents of the report

The Management Board of PGE Polska Grupa Energetyczna S.A. (the “Company”) discloses that Company has started to conduct tests for impairment of assets in accordance with the IAS 36.

An impairment test is carried out in relation to conventional generation assets and renewables generation assets. Changes in the regulations on support of renewable energy sources that took place in the passing year were the main reasons for the test.

The results of the tests will be disclosed by the Company in a separate current report.