Short-term investment liabilities as at 31 December 2020 and as at 31 December 2019 are presented in the table below:
Table 1
Export to Excel| Operating segment | As at 31 December 2020 |
As at 31 December 2019 (restated figures) |
||
|---|---|---|---|---|
| Mining | 101,901 | 62,059 | ||
| Generation* | 353,460 | 426,419 | ||
| Renevable Energy Sources | 4,283 | 2,588 | ||
| Distribution | 253,711 | 182,150 | ||
| Sales and Other | 125,131 | 84,727 | ||
| Total | 838,486 | 757,943 | ||
*The data of the Generation segment for the comparable period include liabilities of the subsidiary, TAURON Ciepło Sp. z o.o. classified as a disposal group as at 31 December 2020.
Long-term investment liabilities were presented in the consolidated statement of financial position under other financial liabilities. As at 31 December 2020, the related liability amounted to PLN 22,983 thousand (as at 31 December 2019 – PLN 7,414 thousand).
Commitments to incur capital expenditure
As at 31 December 2020 and 31 December 2019, the Group committed to incur expenditures of PLN 3,104,699 thousand and PLN 3,981,923 thousand, respectively, on property, plant and equipment and intangible assets, the key items of which are shown in the table below:
Table 2
Export to Excel| Operating segment | Agreement/investment project | As at 31 December 2020 |
As at 31 December 2019 |
||
|---|---|---|---|---|---|
| Generation | Construction of 910 MW Power Unit in Jaworzno | 232,160 | 598,758 | ||
| Project of adjusting generation units to the BAT (Best Available Techniques) conclusions |
17,074 | 313,110 | |||
| Distribution | Construction of new electrical connections | 1,425,541 | 1,227,019 | ||
| Modernization and reconstruction of existing networks | 708,659 | 918,317 | |||
| Mining | Construction of the “Grzegorz” shaft with the accompanying infrastructure and excavations |
126,202 | 146,380 | ||
| Construction of the 800 m drift at “Janina” Mining Plant | 3,613 | 30,681 | |||
| Investment Program in “Brzeszcze” Mining Plant | 9,501 | 51,606 | |||
| Other | Construction of a broadband Internet network under the Operational Programme Digital Poland |
153,896 | 249,798 | ||