• CLEAN AND ENVIRONMENTALLY FRIENDLY Natural gas is the cleanest and most environmentally friendly of all fossil fuels...Read more

  • WELL DRILLING PADThe size of a typical drilling pad is about 1 hectare. To compare, the floorage of an average shopping centre is 4.5 hectares... Read more

  • SECURING OF WELL DRILLING PADA drilling pad as well as the adjacent pool are reinforced and tightened with concrete slabs. Protective foil is additionally laid where necessary.

  • WORK NOISEWell drilling does not produce onerous noise. The intensity of sounds generated in connection with drilling work is lower than that generated by street traffic.Read more

  • SAFETY OF FRACTURING PROCESSIn Poland, exploration wells in shale rock are drilled to depths of over 2.5 km.Read more

  • COMPOSITION OF FRACTURING FLUIDFracturing fluid is 95% water. Read more

  • NO MAJOR LANDSCAPE INTERFERENCEIf gas production is launched, the land surrounding the isolated, secured zone, is subject to a reclamation treatment. Read more

Consolidated Income Statement

for the year ended December 31st 2012

Note Jan 1 – Dec 31 2012 Jan 1 – Dec 31 2011
(PLN m)
Revenue 3 28,730 23,004
Raw material and consumables used 4.1  (17,447)  (14,059)
Employee benefit expense 4.2  (3,054)  (2,850)
Depreciation and amortisation expenses  (2,069)  (1,574)
Contracted services 4.3  (3,060)  (3,182)
Work performed by the entity and capitalised 1,006 1,129
Other income and expenses 4.4  (1,573)  (596)
Total operating expenses  (26,197)  (21,132)
Operating profit/(loss) 2,533 1,872
Finance income 5 216 135
Finance costs 5  (380)  (152)
Share in net profit/loss of equity-accounted entities  6.3 173 43
Profit/(loss) before tax 2,542 1,898
Income tax expense 7.1  (308)  (143)
Net profit/(loss) 2,234 1,755
Attributable to:
Owners of the Parent 2,236 1,756
Non-controlling interests  (2)  (1)
Earnings/(loss) and diluted earnings/(loss) per share attributable to holders of ordinary shares of the Parent (PLN/EUR) 9 0.38 0.3
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