3.1.1.1 Revenue by product and geographical location
2021 | 2020 | |||||
Domestic sales | Export sales* | Total | Domestic sales | Export sales* | Total | |
Revenue from sales of gas, including: | 42,956 | 12,006 | 54,962 | 24,771 | 2,944 | 27,715 |
High-methane gas | 41,010 | 11,792 | 52,802 | 22,376 | 2,743 | 25,119 |
Nitrogen-rich gas | 2,189 | 211 | 2,400 | 1,197 | 200 | 1,397 |
LNG | 367 | 3 | 370 | 84 | 1 | 85 |
CNG | 86 | – | 86 | 52 | – | 52 |
Adjustment to gas sales due to hedging transactions** | (696) | – | (696) | 1,062 | – | 1,062 |
Other revenue, including: | 12,101 | 2,901 | 15,002 | 9,913 | 1,569 | 11,482 |
Gas and heat distribution | 5,105 | – | 5,105 | 4,394 | – | 4,394 |
Crude oil and natural gasoline | 938 | 1,548 | 2,486 | 594 | 818 | 1,412 |
NGL | – | 197 | 197 | – | 79 | 79 |
Sales of heat | 1,753 | – | 1,753 | 1,469 | – | 1,469 |
Sales of electricity | 3,023 | 586 | 3,609 | 2,507 | 294 | 2,801 |
Revenue from rendering of services: | ||||||
drilling and oilfield services | 22 | 58 | 80 | 42 | 61 | 103 |
geophysical and geological services | 33 | 181 | 214 | 26 | 93 | 119 |
construction and assembly services | 36 | – | 36 | 52 | – | 52 |
connection charge | 267 | – | 267 | 234 | – | 234 |
other*** | 515 | 152 | 667 | 328 | 4 | 332 |
Other | 409 | 179 | 588 | 267 | 220 | 487 |
Total revenue | 55,057 | 14,907 | 69,964 | 34,684 | 4,513 | 39,197 |
The Group does not have any single customer who would account for 10% or more of the Group’s total revenue. The Group companies did not identify any significant financing component in their contracts nor did they incur any additional significant cost to obtain contracts.
Sales outside Poland are largely attributable to the fact that some of the Group companies operate abroad (for information on companies having their registered office or whose principal place of business is a country other than Poland, see Note 2.1). On foreign markets the Group sells its products and services mainly to customers in the Netherlands (38% of export sales), Germany (29%) and the UK (21%). The Group has not identified any significant risks related to its operations outside Poland or related revenues. For more information on operations outside Poland, see the Directors’ Report on the operations of the PGNiG Group and PGNiG S.A. for 2021.
For information on the impact of the COVID-19 pandemic on the gas and oil market in 2021 and, consequently, on revenue generated by the Group, see the Directors’ Report on the operations of the PGNiG Group and PGNiG S.A. for 2021.
Following the invasion of Ukraine by the Russian Federation on February 24th 2022 (see Note 8.8, Events after the reporting date, for further details) and the imposition of sanctions on the Russian Federation and Belarus by the EU and the US, the Group analysed the revenue generated in the countries involved in the conflict; in 2021, revenue generated in the Russian Federation and Ukraine was as follows: PLN 6m and PLN 28m, respectively (in 2021, the Group did not generate any revenue in Belarus), while in 2020 the amounts were as follows: PLN 10m and PLN 26m, respectively. For more information on the impact of the war in Ukraine on the Group’s business, see the Directors’ Report on the operations of the PGNiG Group and PGNiG S.A. for 2021.
For further details on revenue by segment, see Note 2.3.
Revenue-generating non-current assets by geographical location
2021 | 2020 | |
Value of non-current assets other than financial instruments located in Poland | 39,160 | 36,398 |
Value of non-current assets other than financial instruments located abroad* | 13,023 | 7,008 |
Total | 52,183 | 43,406 |
% share of assets located outside of Poland in total assets | 24.96% | 16.15% |
* Including PGNiG Upstream Norway AS (PUN) | 12,113 | 6,274 |
As at the end of 2021 and 2020, the Group had no material non-current assets located in the countries involved in the hostilities in Ukraine, i.e. Ukraine, Russia and Belarus.