The Management Board of PGE Polska Grupa Energetyczna S.A. (“PGE”) publishes initial selected consolidated financial and operating data for 2020.
According to the initial estimates net electricity production at PGE Group generating units in 2020 amounted to 58.14 TWh (including 29.79 TWh from lignite), distribution volume reached 35.67 TWh and sales to final off-takers came out at 41.17 TWh. Heat sales volume amounted to 48.58 PJ.
Consolidated EBITDA for 2020 amounted to approximately PLN 5 966 million; including:
EBITDA of Conventional Generation segment PLN 1 725 million,
EBITDA of District Heating segment PLN 947 million,
EBITDA of Distribution segment PLN 2 306 million,
EBITDA of Supply segment PLN 644 million,
EBITDA of Renewables segment PLN 597 million.
Consolidated net profit attributable to equity holders of the parent company amounted to approximately PLN 110 million (i.e. earnings per share of PLN 0.06).
CAPEX amounted to approximately PLN 5 495 million.
Estimated net debt as at December 31, 2020 was approximately PLN 8 413 million.
Average electricity wholesale price realized by Conventional Generation segment in 2020 amounted to PLN 286.2 per MWh.
Disclaimer: Presented values are estimated and may change. Consolidated financial statements of the PGE Group are still being audited by the professional auditor. The annual consolidated report for 2020 will be published on March 23, 2021.