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- LOTOS Annual Report 2011 /
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- Consolidated financial statements 2011 /
- Consolidated statement of financial position
Consolidated statement of financial position
Consolidated statement of financial position as at December 31st 2011
| (PLN '000) | Note | Dec 31 2011 |
Dec 31 2010 (restated) |
Jan 1 2010 (restated) |
|---|---|---|---|---|
| ASSETS | ||||
| Non-current assets | ||||
| Property, plant and equipment | 17 | 8,965,480 | 6,173,798 | 3,438,629 |
| Tangible assets under construction | 17 | 1,558,070 | 4,213,684 | 6,240,316 |
| Goodwill | 20 | 46,688 | 46,688 | 46,688 |
| Intangible assets | 18 | 475,580 | 94,825 | 89,240 |
| Investment property | 19 | - | 3,376 | 3,762 |
| Investments in equity-accounted associates | 21 | - | 93,064 | 88,255 |
| Non-current financial assets | 23 | 96,189 | 54,099 | 83,623 |
| Deferred tax assets | 13.4 | 400,128 | 159,901 | 74,267 |
| Non-current receivables | 25 | 33,313 | 28,612 | 22,061 |
| Prepayments and accrued income | 27 | 6,789 | 4,003 | 5,087 |
| Total non-current assets | 11,582,237 | 10,872,050 | 10,091,928 | |
| Current assets | ||||
| Inventories, including: | 24 | 5,855,840 | 4,506,791 | 3,023,144 |
| - mandatory reserves | 24 | 4,427,752 | 2,980,241 | 2,196,965 |
| Trade and other receivables | 26 | 2,190,029 | 1,821,939 | 1,536,854 |
| Current income tax receivable | 13.3 | 132,876 | 47,492 | 131,299 |
| Prepayments and accrued income | 27 | 40,382 | 32,674 | 25,982 |
| Current financial assets | 28 | 129,052 | 55,906 | 56,482 |
| Cash and cash equivalents | 30 | 383,680 | 382,601 | 345,126 |
| Total current assets | 8,731,859 | 6,847,403 | 5,118,887 | |
| Assets held for sale | 22 | 109,124 | 7,911 | 5,209 |
| Total assets | 20,423,220 | 17,727,364 | 15,216,024 | |
| EQUITY AND LIABILITIES | ||||
| Equity | ||||
| Share capital | 32 | 129,873 | 129,873 | 129,873 |
| Statutory reserve funds | 1,311,348 | 1,311,348 | 1,311,348 | |
| Cash flow hedging reserve | (419,281) | (739) | - | |
| Retained earnings | 6,700,396 | 6,046,056 | 5,353,895 | |
| Translation reserve | 59,100 | 12,281 | 14,277 | |
| Equity attributable to owners of the Parent | 7,781,436 | 7,498,819 | 6,809,393 | |
| Non-controlling interests | 33 | 947 | 14,658 | 36,752 |
| Total equity | 7,782,383 | 7,513,477 | 6,846,145 | |
| Non-current liabilities | ||||
| Interest-bearing borrowings and other debt instruments | 34 | 4,983,889 | 4,403,453 | 4,942,590 |
| Long-term provisions | 36 | 399,104 | 323,122 | 277,457 |
| Deferred tax liabilities | 13.4 | 105,226 | 123,143 | 90,611 |
| Other financial liabilities | 37.2 | 304,949 | 151,666 | 218,733 |
| Trade payables, accruals and deferred income, and other liabilities | 37.1 | 54,371 | 61,809 | 70,981 |
| Total non-current liabilities | 5,847,539 | 5,063,193 | 5,600,372 | |
| Current liabilities | ||||
| Trade payables, accruals and deferred income, and other liabilities | 37.1 | 4,156,553 | 2,939,108 | 1,871,803 |
| Current income tax payable | 13.3 | 7,420 | 15,188 | 11,867 |
| Interest-bearing borrowings and other debt instruments | 34 | 2,407,740 | 1,923,341 | 748,553 |
| Notes | 35 | - | 52,670 | - |
| Short-term provisions | 36 | 21,358 | 17,818 | 36,497 |
| Other financial liabilities | 37.2 | 159,829 | 202,396 | 100,787 |
| Total current liabilities | 6,752,900 | 5,150,521 | 2,769,507 | |
| Liabilities directly associated with assets held for sale | 22 | 40,398 | 173 | - |
| Total liabilities | 12,640,837 | 10,213,887 | 8,369,879 | |
| Total equity and liabilities | 20,423,220 | 17,727,364 | 15,216,024 |
This is a translation of a document originally issued in Polish.
The Notes to the consolidated financial statements, presented on following pages, are their integral part of the statements.