2.2 Key data on the reportable segments
| 2021 | Exploration and Production |
Trade and Storage |
Distribution | Generation | Other segments |
Total | Reconciliation with consolidated data* |
Total |
| Sales to external customers | 4,354 | 57,807 | 5,304 | 2,381 | 118 | 69,964 | ||
| Inter-segment sales | 11,536 | 2,140 | 109 | 1,042 | 438 | 15,265 | ||
| Total revenue | 15,890 | 59,947 | 5,413 | 3,423 | 556 | 85,229 | (15,265) | 69,964 |
| EBITDA | 13,530 | (1,702) | 2,893 | 1,134 | (123) | 15,732 | (139) | 15,593 |
| Depreciation and amortisation expense | (1,452) | (211) | (1,218) | (1,079) | (71) | (4,031) | – | (4,031) |
| Operating profit (EBIT) | 12,078 | (1,913) | 1,675 | 55 | (194) | 11,701 | (139) | 11,562 |
| Recognition and reversal of impairment losses on property, plant and equipment, intangible assets, rights-of-use assets |
425 | (1) | (5) | – | (28) | 391 | – | 391 |
| Profit/(loss) from equity-accounted investees | (10) | – | – | – | 17 | 7 | – | 7 |
| Acquisition of property, plant and equipment and intangible assets** |
2,113 | 50 | 3,227 | 2,135 | 203 | 7,728 | (169) | 7,559 |
| Property, plant and equipment | 19,830 | 3,085 | 20,804 | 6,389 | 513 | 50,621 | (429) | 50,192 |
| Employment*** | 6,386 | 2,979 | 11,587 | 1,811 | 1,768 | 24,531 |
| 2020 | Exploration and Production |
Trade and Storage | Distribution | Generation | Other segments | Total | Reconciliation with consolidated data* |
Total |
| Sales to external customers | 2,754 | 29,850 | 4,603 | 1,844 | 146 | 39,197 | ||
| Inter-segment sales | 1,858 | 793 | 81 | 929 | 338 | 3,999 | ||
| Total revenue | 4,612 | 30,643 | 4,684 | 2,773 | 484 | 43,196 | (3,999) | 39,197 |
| EBITDA | 927 | 9,580 | 2,157 | 930 | (546) | 13,048 | (39) | 13,009 |
| Depreciation and amortisation expense | (1,248) | (223) | (1,094) | (795) | (64) | (3,424) | – | (3,424) |
| Operating profit (EBIT) | (321) | 9,357 | 1,063 | 135 | (610) | 9,624 | (39) | 9,585 |
| Recognition and reversal of impairment losses on property, plant and equipment, intangible assets, rights-of-use assets | (1,683) | (5) | (5) | (7) | (86) | (1,786) | – | (1,786) |
| Profit/(loss) from equity-accounted investees | (609) | – | – | – | 14 | (595) | – | (595) |
| Acquisition of property, plant and equipment and intangible assets** | 2,478 | 51 | 2,946 | 1,064 | 120 | 6,659 | (93) | 6,566 |
| Property, plant and equipment | 14,994 | 3,153 | 18,588 | 5,476 | 651 | 42,862 | (297) | 42,565 |
| Employment*** | 6,534 | 3,026 | 11,517 | 1,817 | 1,714 | 24,608 |
**Net of intra-segment eliminations, including capitalised interest and increase due to new lease contracts. The amounts do not include expenditure on the acquisition of INEOS of PLN 1,309m;for more information, see Note 8.6.1.
***Excluding employees of equity-accounted investees.
The segment information has been prepared in accordance with the accounting policies applied in these consolidated financial
statements.
The Management Board analyses the segments’ results using basic performance measures, such as segment’s operating profit
(EBIT), as well as key efficiency indicators such as EBITDA, which is not a standardised measure.
The definition of EBITDA and how it is calculated by the Group are presented below
Definition adopted by the Group:
EBITDA – profit before tax, less net finance costs, share of profit/(loss) of equity-accounted investees, and depreciation and amortisation.
For more information on the operations of each segment, see the Directors’ Report on the operations of the PGNiG Group and PGNiG S.A. for 2021.