Proceeds from share issue for non-controlling interests
The proceeds of PLN 419 million relate to half of the payments made by Ørsted to subscribe to and increase the capital in joint operations, i.e. EWB2 and EWB3
Proceeds from loans, borrowings
In the current reporting period PGE S.A. used available credits in total amount of PLN 273 million (PLN 4,100 million in 2020). In addition, companies in the Conventional Generation segment received loans and borrowings from environmental funds worth approximately PLN 316 million (PLN 249 million in 2020).
Repayment of loans, credit facilities, bonds and leases
In the current reporting period PGE S.A. repaid loans with a total value of PLN 976 million (PLN 5,161 million in 2020). PGE GiEK’s branch Elektrownia Bełchatów repaid a loan of PLN 90 million in the current period (PLN 96 million in the previous period).
In addition to the above, the item mainly includes repayment of loans and borrowings from environmental funds by the Conventional Generation segment with a total value of approximately PLN 22 million and by the District Heating segment with a total value of approximately PLN 45 million.
Payments of principal amounted to PLN 53 million in the current period and PLN 42 million in the previous period.
Interest paid
In the present reporting period, the item mainly includes interest on loans and borrowings of approximately PLN 139 million, on bonds of PLN 41 million, on financial instruments (CCIRS and IRS) of PLN 137 million and on lease liabilities of PLN 41 million.
In 2020, the item mainly shows interest on loans and borrowings of approximately PLN 200 million, on bonds of PLN 60 million, on financial instruments (CCIRS and IRS) of PLN 66 million, on leasing liabilities of PLN 37 million.