PKN ORLEN has published consolidated report for the second quarter 2020.

Summary of ORLEN Group results for 2Q20:

One-off items in 2Q20 amounted to PLN 4,8 bn:
• PLN 3,7 bn - profit on a bargain purchase of ENERGA shares
• PLN (-) 0,1 bn - impairments of assets
• PLN 1,2 bn - inventory valuation (NRV)

PLN 5,5 bn - EBITDA LIFO
• PLN 0,1 bn - impairments of assets
PLN 5,7 bn - EBITDA LIFO before impairments of assets
• PLN (-) 3,7 bn - profit on a bargain purchase of ENERGA shares
PLN 2,0 bn - EBITDA LIFO after impairments of assets and one-off (shown in the presentation)
• PLN (-) 1,2 bn - inventory valuation (NRV)
PLN 0,8 bn - EBITDA LIFO (clean)
• PLN (-) 0,5 bn - LIFO effect
PLN 0,3 bn - reported EBITDA (clean)
• PLN (-) 1,1 bn - depreciation
PLN (-) 0,8 bn - reported EBIT (clean)
• PLN 0,1 bn - net financials
PLN (-) 0,7 bn - profit before tax
• PLN (-) 0,1 bn - tax
PLN (-) 0,8 bn - net result (clean) ​


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PKN Orlen SA published this content on 30 July 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 July 2020 05:25:07 UTC