Consolidated statement of financial position
Consolidated statement of financial position for 2016
| Note | Dec 31 2016 | Dec 31 2015 | |
|---|---|---|---|
| ASSETS | |||
| Non-current assets | |||
| Property, plant and equipment of the downstream segment | 13 | 8,261,718 | 7,845,051 |
| Intangible assets of the downstream segment | 13 | 170,005 | 174,729 |
| Property, plant and equipment of the upstream segment | 13 | 2,389,960 | 2,723,371 |
| Intangible assets of the upstream segment | 13 | 481,831 | 489,690 |
| Equity-accounted joint ventures | 14 | 98,087 | 70,745 |
| Deferred tax assets | 10.3 | 596,034 | 924,478 |
| Derivative financial instruments | 24 | 20,918 | 8,697 |
| Other non-current assets | 16 | 312,113 | 201,008 |
| Total non-current assets | 12,330,666 | 12,437,769 | |
| Current assets | |||
| Inventories | 17 | 3,333,591 | 3,235,816 |
| - including emergency stocks | 2,008,909 | 1,881,494 | |
| Trade receivables | 16 | 2,251,727 | 1,550,900 |
| Current tax assets | 7,973 | 11,953 | |
| Derivative financial instruments | 24 | 79,958 | 208,482 |
| Other current assets | 16 | 577,236 | 856,336 |
| Cash and cash equivalents | 18 | 744,616 | 859,699 |
| Total current assets | 6,995,101 | 6,723,186 | |
| Non-current assets (or disposal groups) held for sale | 542 | 8,377 | |
| Total assets | 19,326,309 | 19,169,332 | |
| EQUITY AND LIABILITIES | |||
| Equity | |||
| Share capital | 19 | 184,873 | 184,873 |
| Share premium | 20 | 2,228,310 | 2,228,310 |
| Cash flow hedging reserve | 21 | (812,812) | (700,888) |
| Retained earnings | 6,945,460 | 5,928,484 | |
| Translation reserve | 64,955 | 71,281 | |
| Equity attributable to owners of the Parent | 8,610,786 | 7,712,060 | |
| Non-controlling interests | 108 | 138 | |
| Total equity | 8,610,894 | 7,712,198 | |
| Non-current liabilities | |||
| Borrowings, other debt instruments and finance lease liabilities | 23 | 3,980,537 | 4,454,460 |
| Derivative financial instruments | 24 | 36,316 | 54,306 |
| Deferred tax liabilities | 10.3 | 57,358 | 47,626 |
| Employee benefit obligations | 25 | 168,537 | 182,252 |
| Other liabilities and provisions | 26 | 1,200,922 | 1,292,571 |
| Total non-current liabilities | 5,443,670 | 6,031,215 | |
| Current liabilities | |||
| Borrowings, other debt instruments and finance lease liabilities | 23 | 1,576,739 | 2,544,848 |
| Derivative financial instruments | 24 | 172,920 | 110,845 |
| Trade payables | 26 | 1,718,178 | 1,232,510 |
| Current tax payables | 49,220 | 11,770 | |
| Employee benefit obligations | 25 | 135,612 | 122,201 |
| Other liabilities and provisions | 26 | 1,619,076 | 1,403,745 |
| Total current liabilities | 5,271,745 | 5,425,919 | |
| Total liabilities | 10,715,415 | 11,457,134 | |
| Total equity and liabilities | 19,326,309 | 19,169,332 |
The Notes to the consolidated financial statements are an integral part of the statements.
(This is a translation of a document originally issued in Polish)