INVESTOR RELATIONS
Macro data
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- Monthly
- Quarterly
| Macroeconomic data – average: 2022 | unit | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept | Oct | Nov | Dec |
| Brent crude oil price | $/b | 87.2 | 98.2 | 118.8 | 104.4 | 113.3 | 123.7 | ||||||
| Model refining margin (1) | $/b | 3.7 | 2.7 | 10.8 | 20.5 | 24.3 | 34.4 | ||||||
| Differential (2) | $/b | 0.8 | 3.6 | 15.5 | 14.8 | 9.8 | 12.4 | ||||||
| Model petrochemical margin (3) | EUR/t | 1 230 | 1 162 | 1 106 | 1 456 | 1 399 | 1 343 | ||||||
| USD / PLN (4) | PLN | 4.02 | 4.01 | 4.32 | 4.30 | 4.39 | 4.39 | ||||||
| EUR / PLN (4) | PLN | 4.55 | 4.55 | 4.76 | 4.65 | 4.65 | 4.64 |
| Macroeconomic data – average: 2022 | unit | 1Q | 2Q | 3Q | 4Q |
|---|---|---|---|---|---|
| Brent crude oil price | $/b | 102.2 | 113.9 | ||
| Model refining margin (1) | $/b |
6.0 | 26.5 | ||
| Differential (2) | $/b |
7.3 | 12.2 | ||
| Model petrochemical margin (3) | EUR/t | 1 166 | 1 405 | ||
| USD / PLN (4) | PLN | 4.13 | 4.36 | ||
| EUR / PLN (4) | PLN | 4.63 | 4.65 |
1) Model refining margin = revenues (93,5% Products = 36% Gasoline + 43% Diesel + 14,5% HHO) - costs (100% input: crude oil and other raw materials). Total input calculated acc. to Brent crude oil quotations. Spot market quotations. Model refining margin does not include costs of CO2, natural gas, electricity and logistics.
2) Differential from quotations calculated on real share of processed crude oils in the period. Spot market quotations.
3) Model petrochemical margin = revenues (98% Products = 44% HDPE + 7% LDPE + 35% PP Homo + 12% PP Copo) - costs (100% input = 75% Naphtha + 25% LS VGO). Contract market quotations.
4) Average foreign exchange rates according to the National Bank of Poland