Financial data
In compliance with IFRS, PLNm Q4 2018 Q4 2019 Change
Revenues 29 420 27 500 - 7%
EBITDA LIFO 2 089 1 504 - 28%
LIFO effect - 799 218 - 127%
EBITDA 1 290 1 722 33%
Depreciation - 697 - 934 34%
EBIT LIFO 1 392 570 - 59%
EBIT 593 788 33%
Net result 902 771 - 15%
Assets 64 141 71 376 11%
Equity 35 739 38 796 9%
Net debt 5 599 2 448 - 56%
Net cash flows from operations - 771 1 203 - 256%
CAPEX - 1 571 - 2 310 47%
In compliance with IFRS, PLNm 2017 2018 Change
Revenues 95 364 109 706 15%
EBITDA LIFO 10 448 8 324 - 20%
LIFO effect 799 860 8%
EBITDA 11 247 9 184 - 18%
Depreciation - 2 421 - 2 673 10%
EBIT LIFO 8 027 5 651 - 30%
EBIT 8 826 6 511 - 26%
Net result 7 173 5 604 - 22%
Assets 60 664 64 141 6%
Equity 35 211 35 739 1%
Net debt 761 5 599 636%
Net cash flows from operations 8 050 4 980 - 38%
CAPEX - 4 602 - 4 280 - 7%
acc. to PKN ORLEN quarterly consolidated financial report for 12 months 2019 published on 30 January 2020 
Data before impairments of assets: 
4Q18: PLN 733 m​​​
4Q19: PLN (-) 115 m​
 
** acc. to PKN ORLEN yearly consolidated financial report for 2018 published on 21 March 2019
Data before impairments of assets: 
2017: PLN (-) 169 m​
2018: PLN 704 m

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