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

13.3 Finance income/(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

Exchange differences on measurement and realisation of borrowings 108 266 188 –
Gains on derivatives, of which: 35 38 70 37
measurement of derivatives – 3 – –
realisation of derivatives 35 35 70 37
Other 1 – 1 1
Total finance income 144 304 259 38
Interest on borrowings, including: (29) (108) (131) (190)
leases (2) 3 (13) (23)
Unwinding of the discount of provisions effect 3 (6) (14) (48)
Bank fees and charges on borrowings (4) (24) (22) (48)
Losses on derivatives, of which: (37) (42) (77) (59)
measurement of derivatives – – – (11)
realisation of derivatives (37) (42) (77) (48)
Exchange differences on measurement and realisation of borrowings – – – (208)
Other (29) (12) (43) (13)
Total finance costs (96) (192) (287) (566)
Finance income /(costs) 48 112 (28) (528)

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