CORPORATE FUNCTIONS

Corporate functions include activities performed by selected companies of the ORLEN Group related to management, administration and other support functions for separate operating segments.

Companies operating under corporate functions perform a wide range of tasks, including:

Protection of people and property as well as technical security.
Comprehensive accounting, HR and payroll services as well as inventory services.
Laboratory services for the analysis of petroleum products and water, sewage, soil and air.
Design and construction supervision services in the refining, petrochemical and energy industries.
Financial and insurance services.
Property management and administrative services for offices.

Financial highlights of the Corporate Functions segment

CORPORATE FUNCTIONS, PLN million	2020	2019	change	% change
1	2	3	4	5
Segment revenues, including:	593	525	68	13.0%
Sales revenues from external customers	88	81	7	8.6%
Sales revenues from transactions with other segments	505	444	61	13.7%
Segment expenses	(1,712)	(1,522)	(190)	(12.5%)
Other operating income/expenses, net	517	11	506	4600.0%
(Loss)/reversal of loss due to impairment of financial instruments	(33)	(24)	(9)	(37.5%)
Share in profit from investments accounted for under equity method	1	0	1	-
(Loss) from operations increased by depreciation and amortisation (EBITDA) before impairment allowances¹⁾	(424)	(835)	411	49.2%
(Loss) from operations increased by depreciation and amortisation (EBITDA)	(428)	(842)	414	49.2%
(Loss) from operations (EBIT)	(634)	(1,010)	376	37.2%
Increase in non-current assets	455	445	10	2.2%

¹) Net allowances for impairment of property, plant and equipment and intangible assets:

2020: PLN (4) million - including mainly impairment allowances at PKN ORLEN, ORLEN Lietuva Group and the Unipetrol Group
2019: PLN (7) million - including mainly impairment allowances at PKN ORLEN

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