17.3. INVESTMENT EXPENDITURES INCURRED AND FUTURE COMMITMENTS RESULTING FROM SIGNED INVESTMENT CONTRACTS

The total amount of investment expenditures together with borrowing costs incurred in 2020 and in 2019 amounted to PLN 8,992 million and PLN 8,773 million, respectively, including PLN 634 million and PLN 198 million of investments relating to environmental protection.

As at 31 December 2020 and as at 31 December 2019 the value of future commitments resulting from investments contracts signed until this date amounted to PLN 9,202 million and PLN 5,100 million, respectively.