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Consolidated Statement of profit or loss
in PLN millions, unless otherwise stated
| CONSOLIDATED STATEMENT OF PROFIT OR LOSS | |||
|---|---|---|---|
| | from 1 January 2018 to 31 December 2018 | from 1 January 2017 to 31 December 2017 | |
| Note 2.3 | Revenues from contracts with customers, including: | 20 526 | 20 358 |
| from sales, for which the amount of revenue was not finally determined at the end of the reporting period (IFRS 15. 114) | 1 423 | N/A* | |
| Note 4.1 | Cost of sales | (16 555) | (15 204) |
| | Gross profit | 3 971 | 5 154 |
| Note 4.1 | Selling costs and administrative expenses | (1 380) | (1 343) |
| | Profit on sales | 2 591 | 3 811 |
| Note 6.1 | Share of losses of joint ventures accounted for using the equity method | (662) | (474) |
| Note 6.2 | Gains due to the reversal of allowances for impairment on loans granted to joint ventures | 733 | - |
| Note 6.2 | Interest income on loans granted to joint ventures calculated using the effective interest rate method | 257 | 319 |
| | Profit or loss on involvement in joint ventures | 328 | (155) |
| Note 4.2 | Other operating income and (costs), including: | 308 | (2 377) |
| Interest income calculated using the effective interest rate method | 8 | N/A* | |
| Note 4.3 | Finance income and (costs) | (761) | 1 020 |
| | Profit before income tax | 2 466 | 2 299 |
| Note 5.1 | Income tax expense | (808) | (774) |
| | PROFIT FOR THE PERIOD | 1 658 | 1 525 |
| | Profit for the period attributable to: | | |
| | Shareholders of the Parent Entity | 1 657 | 1 568 |
| | Non-controlling interest | 1 | (43) |
| | Weighted average number of ordinary shares (million) | 200 | 200 |
| | Basic/diluted earnings per share (in PLN) | 8.29 | 7.84 |
*N/A- not applicable – items in which the following did not occur: measurement in accordance with principles arising from the application, from
1 January 2018, of IFRS 9, and the disclosure requirement of IFRS 15.