WSE:PGE Income Statement

Financials in millions PLN. Fiscal year is January - December.

Millions PLN. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	61,434	64,483	95,964	73,435	52,772
Revenue Growth (YoY)	-4.73%	-32.80%	30.68%	39.16%	15.31%
Selling, General & Admin	3,081	2,868	9,997	3,391	2,542
Other Operating Expenses	50,567	53,679	80,375	67,475	44,974
Total Operating Expenses	53,648	56,547	90,372	70,866	47,516
Operating Income	7,786	7,936	5,592	2,569	5,256
Interest Expense	-1,048	-1,150	-1,029	-557	-519
Interest Income	603	582	1,185	462	40
Net Interest Expense	-445	-568	156	-95	-479
Income (Loss) on Equity Investments	22	-79	2	-	-2
Currency Exchange Gain (Loss)	10	-53	-46	-26	-4
Other Non-Operating Income (Expenses)	-169	198	-532	-9	-43
EBT Excluding Unusual Items	7,204	7,434	5,172	2,439	4,728
Gain (Loss) on Sale of Investments	-4	-17	-22	37	-6
Gain (Loss) on Sale of Assets	25	15	22	17	365
Asset Writedown	-9,864	-7,739	-8,700	-104	-216
Legal Settlements	-605	-	-	-	-
Other Unusual Items	-	-	-527	1,721	-
Pretax Income	-3,244	-307	-4,055	4,110	4,871
Income Tax Expense	150	2,316	847	720	926
Earnings From Continuing Ops.	-3,394	-2,623	-4,902	3,390	3,945
Minority Interest in Earnings	-103	-75	-110	-62	27
Net Income	-3,497	-2,698	-5,012	3,328	3,972
Net Income to Common	-3,497	-2,698	-5,012	3,328	3,972
Net Income Growth	-	-	-	-16.21%	3510.91%
Shares Outstanding (Basic)	2,244	2,244	2,244	2,130	1,870
Shares Outstanding (Diluted)	2,244	2,244	2,244	2,130	1,870
Shares Change (YoY)	-	-	5.34%	13.92%	-
EPS (Basic)	-1.56	-1.20	-2.23	1.56	2.12
EPS (Diluted)	-1.56	-1.20	-2.23	1.56	2.12
EPS Growth	-	-	-	-26.41%	3503.54%
Free Cash Flow	1,943	460	-6,464	4,948	2,757
Free Cash Flow Per Share	0.87	0.20	-2.88	2.32	1.48
Profit Margin	-5.69%	-4.18%	-5.22%	4.53%	7.53%
Free Cash Flow Margin	3.16%	0.71%	-6.74%	6.74%	5.22%
EBITDA	11,437	12,132	10,087	6,664	9,284
EBITDA Margin	18.62%	18.81%	10.51%	9.07%	17.59%
D&A For EBITDA	3,651	4,196	4,495	4,095	4,028
EBIT	7,786	7,936	5,592	2,569	5,256
EBIT Margin	12.67%	12.31%	5.83%	3.50%	9.96%
Effective Tax Rate	-	-	-	17.52%	19.01%

Source: S&P Global Market Intelligence. Utility template. Financial Sources.