The Distribution segment’s operating profit in 2015 increased 27% year on year, to PLN 1,450m, while its EBITDA came in at PLN 2,339m, up by PLN 337m on the year before. The performance improved partly on the back of a PLN 302m (7%) rise in revenue, primarily driven by: (1) a higher tariff for gas fuel distribution services, with the average year-on-year rise of 3%, and (2) the lower quarterly average air temperature in Q1 2015 relative to the same quarter of the previous year.

Despite the PLN 302m increase in revenue, the segment’s operating expenses remained virtually the same − down by PLN 10m (0.3%), which is primarily attributable to reduced employee benefits expenses following the 2015 workforce streamlining as part of the voluntary redundancy programme.

Segment’s financial results

 Segment’s total revenue
 Segment’s total expenses
 EBIT (right axis)
  2011 2012 2013 2014 2015
Segment’s total revenue [PLNm] 3 471 3 583 4 250 4 283 4 585
Segment’s total expenses [PLNm] 2 687 2 705 3 511 3 145 3 135
EBIT [PLNm] 784 878 739 1 138 1 450

Data display

Volume of gas transmitted via the distribution system in natural units

 High-methane gas
 Propane-butane-air and decompressed propane-butane
 Nitrogen-rich gas
 Coke gas
  2011 2012 2013 2014 2015
High-methane gas [mcm] 8 378 8 816 9 054 8 610 8 646
Propane-butane-air and decompressed propane-butane [mcm] 3 2 2 2 -
Nitrogen-rich gas [mcm] 557 578 610 568 643
Coke gas [mcm] 513 527 594 520 534

Data display

Length of network & number of gas customers

 Number of gas customers*
 Length of network, excl. connections ** (right axis)
  2011 2012 2013 2014 2015
Number of gas customers* [million] 660 670 680 680 690
Length of network, excl. connections ** [ths. km] 11780 11970 12160 12350 12640

Data display

* Own networks.
** Customer − anyone receiving or drawing gas fuel under an agreement with a gas supplier.

Polish Oil and Gas Company (PGNiG)
KRS 0000059492, NIP 525-000-80-28, share capital 5 900 000 000 PLN - fully paid
PGNiG Head Office 25 M. Kasprzaka St., 01-224 Warsaw
Phone: +48 22 589 45 55, fax : +48 22 691 82 73