G4-EC1 Indicator for KGHM Polska Miedź S.A.
Item | Direct economic value generated and distributed | 2014 | 2013 |
---|---|---|---|
PLN million | PLN million | ||
1 | Revenue | 17 315 | 18 611 |
1.1 | Net revenue from sales and equivalent revenue, including from related entities | 16 742 | 18 151 |
Net revenues from the sale of products, merchandise and materials | 16 633 | 18 579 | |
Change in inventories of finished goods and work in progress | -34 | -594 | |
Cost of manufacturing products for internal use | 143 | 166 | |
1.2 | Other operating income | 573 | 460 |
Gain on disposal of property, plant and equipment and intangible assets | 0 | 0 | |
Government grants and other donations | 2 | 13 | |
Other operating income/gains | 571 | 447 | |
2 | Operating costs1 | 9 207 | 9 583 |
2.1 | Operating expenses | 8 687 | 8 740 |
Depreciation | 818 | 768 | |
Consumption of materials and energy | 5 870 | 5 740 | |
External services | 1 378 | 1 516 | |
Other expenses by nature | 485 | 428 | |
Cost of merchandise and materials sold | 136 | 288 | |
2.2 | Other operating expenses | 520 | 843 |
Losses on the sale of property, plant and equipment and intangible assets | 8 | 34 | |
Other operating expenses | 512 | 809 | |
3 | Remuneration and employee benefits | 3 022 | 2 946 |
Costs of remuneration | 2 097 | 2 077 | |
Costs of social insurance | 859 | 854 | |
Costs of future benefits | 66 | 15 | |
4 | Payments to equity providers | 1 183 | 1 972 |
4.1 | Financial expenses | 183 | 12 |
Interest costs | 8 | 3 | |
Gains/losses on foreign exchange differences from the valuation of external financing | 124 | -27 | |
Changes in provisions and financial liabilities | 30 | 35 | |
Other financial costs | 14 | 1 | |
Losses due to measurement of non-current liabilities | 7 | 0 | |
4.2 | Dividend paid | 1 000 | 1 960 |
5 | Payments to the government | 2 470 | 2 996 |
Income tax | 948 | 1 138 | |
Minerals extraction tax | 1 520 | 1 856 | |
Penalties and compensation paid | 2 | 2 | |
Payments to local communities due to land-use contracts (excluding the purchase of land) | 9 | 8 | |
6 | Investments in communities | 54 | 50 |
7 | Voluntary contribution to the investment of funds in communities | 35 | 34 |
Donations made | 19 | 16 | |
8 | Retained economic value | 1 370 | 1 056 |
1. The calculation of operating costs for the purposes of calculating retained economic value differs from that presented in the financial statements. Individual items were calculated in the following manner:
- the amount of remuneration presented in item 3 and the minerals extraction tax in item 5 were deducted from the operating costs in the financial statements,
- the items penalties and compensation paid oraz donations made, shown in items 5 and 7 were deducted from other operating costs in the financial statements.
G4-EC1 Indicator for KGHM Group
Item | Direct economic value generated and distributed | 2014 | 2013 |
---|---|---|---|
PLN million | PLN million | ||
1 | Revenue | 22 922 | 25 719 |
1.1 | Net revenue from sales and equivalent revenue, including from related entities | 22 000 | 24 871 |
Net revenues from the sale of products, merchandise and materials | 20 492 | 24 110 | |
Change in inventories of finished goods and work in progress | -5 | -546 | |
Cost of manufacturing products for internal use | 1 513 | 1 307 | |
1.2 | Other operating income | 922 | 848 |
Gain on disposal of property, plant and equipment and intangible assets | 0 | 1 | |
Government grants and other donations | 9 | 46 | |
Other operating income/gains | 913 | 801 | |
2 | Operating costs1 | 12 998 | 14 767 |
2.1 | Operating expenses | 12 423 | 13 719 |
Depreciation | 1 635 | 1 580 | |
Consumption of materials and energy | 7 607 | 7 899 | |
External services | 1 813 | 2 280 | |
Other expenses by nature | 834 | 987 | |
Cost of merchandise and materials sold | 534 | 973 | |
2.2 | Other operating expenses | 575 | 1 048 |
Losses on the sale of property, plant and equipment and intangible assets | 14 | 46 | |
Other operating expenses | 561 | 1 002 | |
3 | Remuneration and employee benefits | 4 704 | 4 702 |
Costs of remuneration | 3 442 | 3 509 | |
Costs of social insurance | 1 182 | 1 179 | |
Costs of future benefits | 80 | 14 | |
4 | Payments to equity providers | 1 326 | 2 097 |
4.1 | Financial expenses | 326 | 137 |
Interest costs | 123 | 101 | |
Gains/losses on foreign exchange differences from the valuation of external financing | 126 | -26 | |
Changes in provisions and financial liabilities | 49 | 41 | |
Other financial costs | 28 | 21 | |
4.2 | Dividend paid | 1 000 | 1 960 |
5 | Payments to the government | 2 172 | 3 063 |
Income tax | 647 | 1 202 | |
Minerals extraction tax | 1 520 | 1 856 | |
Penalties and compensation paid | 5 | 5 | |
6 | Payments to local communities due to land-use contracts (excluding the purchase of land) | 13 | 12 |
7 | Investments in communities | 54 | 50 |
Voluntary contribution to the investment of funds within the community | 35 | 34 | |
Donations made | 19 | 16 | |
8 | Retained economic value | 1 655 | 1 028 |
1. The calculation of operating costs for the purposes of calculating retained economic value differs from that presented in the financial statements. Individual items
were calculated in the following manner:
- the amount of remuneration presented in item 3 and the minerals extraction tax in item 5 were deducted from the operating costs in the financial statements,
- the items penalties and compensation paid oraz donations made, shown in items 5 and 7 were deducted from other operating costs in the financial statements.