SELECTED ACCOUNTING PRINCIPLES
The Group uses simplified methods of measurement of other financial liabilities which are usually measured at amortised cost, if it does not result in the deformation of information contained in the financial statements, in particular, in case if the period to the moment of settlement of the liability is not long. The liabilities in relation to which simplifications are applied, are measured upon initial recognition and later, including, at the end of the reporting period, in the amount requiring payment. Liabilities to suppliers, investment liabilities (Note 46) and selected other financial liabilities (Note 48) are therefore measured at the amount payable, due to the immaterial impact of discounting. |
Short-term liabilities to suppliers as at 31 December 2020 and as at 31 December 2019 are presented in the table below:
Export to ExcelOperating segment | As at 31 December2020 |
As at 31 December2019 (restated figures) |
||
---|---|---|---|---|
Mining | 138,064 | 122,602 | ||
Generation* | 106,657 | 124,057 | ||
Renevable Energy Sources | 13,288 | 13,552 | ||
Distribution, including: | 242,050 | 223,173 | ||
liability to Polskie Sieci Elektroenergetyczne S.A. | 182,555 | 172,790 | ||
Sales | 372,207 | 287,827 | ||
Other | 92,840 | 76,015 | ||
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.