Presented below is a set of the most frequently used terms and abbreviations in these consolidated financial statements.
Abbreviation | Full term |
---|---|
CCIRS | Cross Currency Interest Rate Swap |
CGU | Cash Generating Unite |
EBIT | Earnings Before Interest and Taxes |
EBITDA | Earnings Before Interest, Taxes, Depreciation and Amortization |
EPS 550 | Carbon dioxide emission criterion per unit of electricity produced, introduced as part of the so-called „Winter Package”, conditioning the participation of generating units in the capacity market – this limit is 550 gCO2/kWh. |
EUA | European Union Allowances |
EWB2, 3 ……. | Elektrownia Wiatrowa Baltica–2 sp. z o.o., Elektrownia Wiatrowa Baltica–3 sp. z o.o. |
MLF | Mine Liquidation Fund |
GIR | Exchange Clearinghouse |
PGE Group, Group | PGE Polska Grupa Energetyczna S.A. Group |
IRGiT | Izba Rozliczeniowa Giełd Towarowych S.A. |
IRS | Interest Rate Swap |
LTC | Long-term capacity and electricity sale contracts |
IFRIC | Interpretations by the IFRS Interpretations Committee |
KOGENARACJA S.A. | Zespół Elektrociepłowni Wrocławskich KOGENARACJA S.A. |
NPS | National Power System |
IFRS | International Financial Reporting Standards |
IFRS EU | International Financial Reporting Standards approved by the European Union |
NABE | Narodowa Agencja Bezpieczeństwa Energetycznego S.A. |
NFOŚiGW | National Fund for Environmental Protection and Water Management |
Investment property | Investment property |
TSO | Transmission System Operator |
BCP | Business Continuity Plan |
Right-of-use assets | Right-of-use assets |
PGE S.A., Company, Parent | PGE Polska Grupa Energetyczna S.A. |
PGE EC S.A. | PGE Energia Cieplna S.A. |
PGE EO S.A. | PGE Energia Odnawialna S.A. |
PGE GiEK S.A. | PGE GiEK S.A. |
PGE PGK | Tax group |
PGG S.A. | Polska Grupa Górnicza S.A. |
PGNiG | Polskie Górnictwo Naftowe i Gazownictwo S.A. |
Perpetual usufruct of land | Right of perpetual usufruct of land |
Property, plant and equipment | Property, plant and equipment |
Financial statements, consolidated financial statements | PGE Group’s consolidated financial statements |
TGE | Towarowa Giełda Energii |
URE | Urząd Regulacji Energetyki (Energy Regulatory Office) |
WACC | Weighted Average Cost of Capital |
Voivodship Fund for Environmental Protection and Water Management (WFOŚiGW) | Voivodship Fund for Environmental Protection and Water Management |
Intangible assets | Intangible assets |
Organised part of enterprise | Organised part of enterprise |
Social Fund | Social Fund |