Approximate schedule of publications of preliminary selected financial and operating data in 2017:

The Company stresses that the above dates are stated as no later than, i.e. the actual release can take place earlier.

Period Release of estimated data no later than
FY 2016 February 10, 2017
Q1 2017 April 25, 2017
H1 2017 July 26, 2017
9M 2017 October 24, 2017

 

The Company stresses that the above dates are stated as no later than, i.e. the actual release can take place earlier.  

In 2017 the Company will not continue monthly releases of preliminary operating and sales data. 

Those information will be published on the quarterly basis mutually with estimated financial results.

 

This subpage collects in one place information on the PGE Polska Grupa Energetyczna necessary to make an investment decision. We invite you to contact us.

Preliminary operating and sales data for 9M 2017

Specification Accrued since the beginning of the year 
Y 2017 Y 2016 Dynamics (%)
Net generation of electricity in PGE Group, including: 41,46 TWh
39,04 TWh
+6%
- net generation from lignite.  29,83 TWh
27,21 TWh
+10%
Volume of retail sales to final off-takers.   29,68 TWh
31,98 TWh
-7%
Volume of electricity distribution. 26,20 TWh
25,43 TWh
+3%

Disclaimer: the above figures are estimated and were not audited.

Key financial indicators of PGE Capital Group

FY’11 FY’12 FY’13 FY’14 FY’15 FY’16
EBITDA margin
24%
24%
27%
29%
29%
26%
EBIT margin 15% 14% 16% 18% -13% 13%
Net margin
18%
12%
13%
13%
-11%
9%
Return on equity (ROE)
14%
10%
10%
9%
-7%
6%
Return on assets (ROA) 9%
7%
7%
6%
-5%
4%
Current ratio
1.38
1.57
1.67
1.94
1.54
1.74
Quick ratio
1.25
1.26
1.45
1.63
1.29
1.53
Debt ratio
0.30
0.28
0.28
0.32
0.34
0.37
Debt to equity
0.43
0.38
0.40
0.48
0.52
0.58
Debtor's days
25
25
28
33
34
37
Net debt (net cash) /EBITDA)
-0.61
-0.34
-0.37
-0.13
0.32
0.70

 

(1) ROE was computed as a quotient of net profit divided by end of year equity less net profit.

(2) ROA was computed as a quotient of net profit divided by end of year total assets less net profit.

(3) Current ratio was computed as a quotient of current assets divided by short term liabilities.

(4) Quick ratio was computed as a quotient of current assets less inventory divided by short term liabilities.

(5) Debtor days were computed based on formula:

(365 days * average trade receivables)/sales revenues, where average trade receivables mean arithmetic average of beginning of the year and end of year figures and each times involves gross value (i.e. before receivables impairments).