Integrated Report of KGHM Polska Miedź S.A.
and the KGHM Polska Miedź S.A. Group
for 2020

13.2 Other operating income and (costs)

in PLN millions, unless otherwise stated

from 1 October 2020
to 31 December 2020
from 1 October 2019
to 31 December 2019
from 1 October 2020
to 31 December 2020
from 1 October 2019
to 31 December 2019
Gains on derivatives, of which: 91 50 378 199
measurement of derivatives 16 16 208 87
realisation of derivatives 75 34 170 112
Interest income calculated using the effective interest rate method 2 4 9
Exchange differences on assets and liabilities other than borrowings 171
Reversal of impairment losses on intangible assets not yet available for use 150 150
Reversal of impairment losses on other financial receivables 1 7 9 7
Provisions released 52 26 54 85
Gains on the sale of intangible assets (1) 30 7
Government grants received 4 18 21
Income from servicing of letters of credit and guarantees 4 49 12
Compensation, fines and penalties received 4 3 19 27
Refund of excise tax for prior years 5 4 53 4
Other 48 30 88 117
Total other operating income 208 272 702 809
Losses on derivatives, of which: (124) (93) (597) (278)
measurement of derivatives 46 (21) (121) (27)
realisation of derivatives (170) (72) (476) (251)
Impairment losses on financial instruments (1) (14) (6) (17)
Impairment losses on fixed assets under construction and intangible assets not yet available for use (75) (3) (77) (3)
Exchange differences on assets and liabilities other than borrowings (337) (547) (391)
Provisions recognised (9) (121) (52) (148)
Losses on the disposal of property, plant and equipment (5) (7) (39) (15)
Donations given (2) (4) (41) (30)
Other (50) (47) (123) (132)
Total other operating costs (603) (836) (1 326) (623)
Other operating income/(costs) (395) (564) (624) 186

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