Capitals:

Financial Capital

With its record-high results, full integration and enhanced efficiency of the operating segments, and investments in new business lines the ORLEN Group has consolidated its position in the volatile market environment.

FINANCIAL RESULTS

  • Record- high LIFO-based EBITDA1: PLN 8.7bn

LIFO-BASED EBITDA [PLNBN]

LIFO-BASED EBITDA [PLNBN]

1) Before impairment losses on non-current assets.

LIFO-BASED EBITDA IN SEGMENTS [PLNBN]

LIFO-BASED EBITDA IN SEGMENTS [PLNBN]
  • Operating cash flows: PLN 5.4bn

Operating cash flows [PLNbn]

 
  • Net debt and financial leverage: PLN 6.8bn and 28.1%
 
 
  • Diversified sources of financing1 (gross debt)
 

1) Average maturity of the financing sources: Q4 2019

  • Dividend per share (DPS)
 
  • Financial ratings

Fitch – BBB –

Moody’s – Baa3 (positive outlook)

OPERATIONAL EFFICIENCY

  • PKN ORLEN’s record-high oil throughput: 30.9m tonnes
 
  • Sales volume: 30.4m tonnes1
 

1) Downstream sales volume

  • White product yield: 79%
 

INVESTMENT PROJECTS

  • Capital expenditure: PLN 3.2bn
Capital expenditure: PLN 3.2bn

* Excluding PLN 1.6bn spent on acquisition of upstream assets of Kicking Horse Energy and FX Energy

CAPITAL EXPENDITURE BY MARKET [%]

Capital expenditure by operating markets

Key projects

  • Building new power generation capacities: CCGT plants in Włocławek (463 MWe) and Płock (596 MWe)
  • Acquisition of new production assets in Poland and Canada: FX Energy and Kicking Horse Energy
  • Construction of new polyethylene unit (PE3) at Unipetrol, with annual production capacity of 270 000 tonnes
  • Bringing the Płock CHP plant to compliance with the new emission standards applicable from 2016
  • Launch of 56 service stations, modernization of 65 stations, and opening of 154 Stop Cafe and Stop Cafe Bistro outlets

Total 2P crude oil and natural gas reserves [mboe]

 

See also

Management's discussion and analysisFinancial results

see more

Summary of strategy implementation in 2015Our ORLEN Strategy

see more

ORLEN Group Downstream operationsOur operations in 2015

see more

Address already added.
Address deleted from clipboard.
Thank you for sending the survey.
Server error.
Try again later.
Sending error.
Check if all survey fields are completed correctly.
:-(
Sorry, Your browser is not supported.

Please, update Your browser.

We kindly inform that on PKN ORLEN S.A.’s websites cookies are used.

Click in order to dismiss this information.

For more information, click [Privacy policy & cookies].

loader