18.02.2015 10:35

​The Management Board of TAURON Polska Energia S.A. ("Company") informs about the forecasted impact of non-monetary one-off events that will consist in recognizing provisions and write downs in the amount of approx. PLN 150 million as Q4 2014 costs, on consolidated financial result of TAURON Group.

The main reason behind increasing the provisions for employee benefits is reduction of market interest rates, as a result of which the Company decided to reduce the discount rate. Actuarial gains and losses related to jubilee bonuses in the amount of approx. PLN 114 million will affect the financial result of TAURON Group for Q4 2014, and the amount of approx. PLN 322 million will be charged to "Other comprehensive income" and have no impact on the Group's financial result.

At the same time the Company reserves that the consolidated financial statements of TAURON Group for the year 2014 are being revised by a certified auditor, thus the amounts presented above are not final and may be subject to change. Consolidated financial statements of TAURON Polska Energia S.A. for the year 2014 will be published on 12 March 2015.

Article 56 section 1 item1 of Act on public offering - price-sensitive information

distributed by