Tauron Polska Energia S.A. Estimated results for 2021 / Q4 2021 (7419E)

TIDM75NN

RNS Number : 7419E

Tauron Polska Energia S.A.

14 March 2022

Estimated results for 2021 and Q4 2021

14 March 2022

TAURON Polska Energia S.A.

(LEI No: 259400NAPDFBOTNCRL54)

TAURON Polska Energia Capital Group's estimated results for 2021 and Q4 2021

TAURON Polska Energia S.A. ("Issuer") presents selected estimated consolidated financial results and operating data of TAURON Polska Energia S.A. Capital Group ("TAURON Group") for 2021 and Q4 2021.

Selected estimated financial results for:

(a) 2021

Sales revenue and compensation: PLN 25 605 million

EBITDA (operating profit increased by depreciation, amortization and write-offs for non-financial assets): PLN 4 150 million, out of which:

- Distribution segment's EBITDA: PLN 2 967 million

- RES segment's EBITDA: PLN 376 million

- Generation segment's EBITDA: PLN 1 374 million

- Supply segment's EBITDA: PLN (522) million

- Mining segment's EBITDA: PLN (130) million

EBIT (operating profit): PLN 915 million

Gross profit: PLN 675 million

Net profit: PLN 385 million

CAPEX: PLN 2 934 million

Net debt as of December 31, 2021: PLN 10 126 million

Net debt/ EBITDA as of December 31, 2021: PLN 2.44 x

(b) Q4 2021

   Sales revenue   and compensation: PLN 7 749 million 

EBITDA (operating profit increased by depreciation, amortization and write-offs for non-financial assets): PLN 445 million, out of which:

- Distribution segment's EBITDA: PLN 716 million

- RES segment's EBITDA: PLN 126 million

- Generation segment's EBITDA: PLN 56 million

- Supply segment's EBITDA: PLN (499) million

- Mining segment's EBITDA: PLN 44 million

EBIT (operating loss): PLN (110) million

Gross loss: PLN (113) million

Net loss: PLN (112) million

CAPEX: PLN 971 million

Issuer informed about material one-off events impacting TAURON Group's Q4 2021 results in current report No. 5/2022 of March 3, 2022.

Selected estimated operating data for:

(a) 2021

Electricity distribution: 53.97 TWh, out of which to end customers: 51.99 TWh

Gross electricity production: 15.59 TWh, out of which from RES: 1.71 TWh

Heat production: 12.00 PJ

Retail electricity supply: 33.41 TWh

Commercial coal production: 5.15 milion tons

Commercial coal sales: 5.47 milion tons

(b) Q4 2021

Electricity distribution: 13.91 TWh, out of which to end customers: 13.32 TWh

Gross electricity production: 4.22 TWh, out of which from RES: 0.48 TWh

Heat production: 3.99 PJ

Retail electricity supply: 8.89 TWh

Commercial coal production: 1.45 million tons

Commercial coal sales: 1.49 million tons

The financial results presented above are estimates and may be subject to change.

The final figures will be presented in consolidated report for 2021 which is scheduled to be published on March 30, 2022.

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 
   Pawe Gaworzyński - Head of 
   IR 
   tel. no. [phone] 
   Miros aw Szczygielski - Chief IR 
   Officer 
   tel. no. [phone] 
 

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March 14, 2022 14:19 ET (18:19 GMT)