Annual
report 2020

Consolidated Income Statement

CONSOLIDATED INCOME STATEMENT

(in PLN millions, except for earnings per share) Note 12 months ended
31 December 2020
12 months ended
31 December 2019
Restated
(see Notes 2.2, 33.4)
Revenue 6 11,508 11,406
External purchases 7.1 (6,535) (6,417)
Labour expense 7.2 (1,359) (1,488)
Other operating expense 7.3 (448) (423)
Other operating income 7.3 260 235
Impairment of receivables and contract assets 7.3,18 (151) (138)
Gains on disposal of assets 8 61 270
Employment termination expense 15 13 (190)
Depreciation and impairment of right-of-use assets 13.1 (434) (392)
Depreciation, amortisation and impairment of property, plant and equipment and intangible assets 9,11,12 (2,511) (2,448)
Operating income 404 415
Interest income 18 33 40
Interest expense on lease liabilities 18 (62) (66)
Other interest expense and financial charges 18 (216) (236)
Discounting expense 18 (43) (48)
Foreign exchange gains/(losses) (54) 2
Finance costs, net (342) (308)
Income tax 26.1 (16) (25)
Net income 46 82
Net income attributable to owners of Orange Polska S.A. 46 82
Net income attributable to non-controlling interests
Earnings per share (in PLN) 33.4 0.04 0.06
Weighted average number of shares (in millions) 27.1 1,312 1,312

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