Data for 2023 years

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Financial results by areas of activity

The structure of the Group's revenues on external sales by segment

Specification I-IX 2023 I-IX 2022
Coal 57,7% 55,7%
Coke and coal derivatives 37,2% 40,2%
Other business 5,1% 4,1%

The Group's results with split into individual areas (segments) of activity

Financial results by operating segments  for the period ended 
30 September 2023 30 September 2022*
in PLN millions
Hard coal mining and sales
Sales revenues to external customers** 6 907,6 8 955,6
Operating profit of the segment 2 745,9 7 270,0
Depreciation and amortization 1 103,1 1 004,0
EBITDA 3 849,0 8 274,0
Production and sale of coke and coal derivatives
Sales revenues to external customers** 4 449,3 6 462,9
Operating profit of the segment  (525,8) 688,4
Depreciation and amortization 80,2 77,0
EBITDA  (445,6) 765,4
Other business
Sales revenues to external customers** 609,9 660,0
Operating profit of the segment 147,1 70,6
Depreciation and amortization 106,9 104,2
EBITDA 254,0 174,8

*  Figures restated due to the change in accounting policy applied as of 1 January 2023 regarding the recognition of longwall outfitting expenditures.            
** Sales revenues without taking into account an adjustment of revenues due to execution of a hedging transaction related to: the coal segment (in the 3 quarters of 2023: PLN 23.3 million, in the corresponding period of 2022: PLN 0.00 million) and the coke segment (in the 3 quarters of 2023: PLN 9.6 million, in the corresponding period of 2022: PLN (29.3) million).             
Source: Additional information for the consolidated quarterly report of the Jastrzebska Spółka Węglowa S.A. Capital Group for the period of 9 months ended 30 September 2023

Financial results by areas of activity

The structure of the Group's revenues on external sales by segment

Specification I-VI 2023 I-VI 2022
Coal 57,7% 54,8%
Coke and coal derivatives 37,7% 41,5%
Other business 4,7% 3,7%

The Group's results with split into individual areas (segments) of activity

Financial results by operating segments  for the period ended 
30 June 2023 30 June 2022
(restated data)*
in PLN millions
Hard coal mining and sales
Sales revenues to external customers** 4 948,5 5 984,2
Operating profit of the segment 2 554,7 5 071,8
Depreciation 702,5 675,8
EBITDA*** 3 257,2 5 747,6
Production and sale of coke and coal derivatives
Sales revenues to external customers** 3 230,4 4 531,3
Operating profit of the segment  (275,0) 358,0
Depreciation 53,0 51,3
EBITDA***  (222,0) 409,3
Other business
Sales revenues to external customers** 400,6 402,5
Operating profit of the segment 96,9 44,6
Depreciation 69,4 69,2
EBITDA*** 166,3 113,8

*Figures restated due to the change in accounting policy applied as of 1 January 2023 regarding the recognition of longwall outfitting expenditures.

** Sales revenues without taking into account an adjustment of revenues due to execution of a hedging transaction related to the coke segment, which amounts for H1 2022: PLN (14.8) million, for H1 2021: PLN 0.00 million.

***EBITDA = operating profit/(loss)/(a) plus depreciation.
According to the ESMA Guidelines on Alternative Performance Measures (APM), EBITDA is an Alternative Performance Measure. EBITDA, as a measure not defined by IFRS, is not a standardized measure and the manner of its calculation may differ between companies. EBITDA used by the Group may not be comparable to similar ratios presented by other companies. This ratio should be treated as supplementary information extending the presentation of the results and other data of the Group.

Source:  Management Board report on the activity of the Jastrzębska Spółka Węglowa S.A. Capital Group for the period of 6 months ended 30 June 2022            

Financial results by areas of activity

The structure of the Group's revenues on external sales by segment

Specification I-III 2023 I-III 2022 I-III 2021 I-III 2020 I-III 2019 I-III 2018 I-III 2017 I-III 2016 I-III 2015 I-III 2014
Coal 61,1% 54,3% 45,9% 46,7% 53,0% 56,6% 64,7% 49,2% 49,4% 40,9%
Coke and coal derivatives 34,6% 41,8% 48,8% 48,2% 44,3% 41,0% 32,6% 41,8% 43,1% 52,7%
Other business 4,3% 3,9% 5,3% 5,1% 2,7% 2,4% 2,7% 9,0% 7,5% 6,4%

The Group's results with split into individual areas (segments) of activity

Financial results by operating segments for the period ended
31 March 2023 31 March 2022 31 March 2021 31 March 2020 31 March 2019 31 March 2018 31 March 2017 31 March 2016 31 March 2015 31 March 2014
in PLN millions
1 2 3 4 5 6 7 8 9 10 11
Hard coal mining and sales restated data*  
Sales revenues to external customers 2 722,2 2 679,6 917,6 918,1 1 319,5 1 419,8 1 537,8 690,1 894,6 679,7
Adjustment of sales revenues on account of execution of hedging transactions  (1,3) - - - - - - - - -
Operating profit of the segment 1 699,6 2 170,6  (398,6)  (203,5) 352,4 980,0 1 139,2  (121,4)  (218,5)  (139,2)
Depreciation 338,6 363,6 254,9 244,7 189,3 146,1 158,1 172,1 252,3 233,7
EBITDA 2 038,2  2 534,2  (143,7) 41,2 541,7 1 126,1 1 297,3 50,7 33,8 94,5
Production and sale of coke and coal derivatives restated data*   restated data*  
Sales revenues to external customers 1 542,1 2 066,7 974,7 947,7 1 101,6 1 029,9 774,7 586,2 780,7 876,5
Adjustment of sales revenues on account of execution of hedging transactions 3,9  (7,3)  (0,4)  (1,4) - - - - - -
Operating profit of the segment  (195,5) 106,1 211,7  (6,2) 100,2 30,9  (71,5)  (10,3) 2,1 25,9
Depreciation 26,2 25,7 28,1 26,1 25,4 24,8 23,3 35,8 44,6 48,8
EBITDA  (169,3) 131,8 239,8 19,9 125,6 55,7  (48,2) 25,5 46,7 74,7
Other business restated data*  
Sales revenues to external customers 191,5 191,9 106,2 100,2 67,0 60,9 63,5 125,9 134,8 107,5
Operating profit of the segment 36,9 28,5 24,5 29,4 27,7 30,3 13,3 35,7 26,9 30,4
Depreciation 34,3 33,6 33,6 30,6 20,6 15,6 14,0 19,9 19,6 19,7
EBITDA 71,2 62,1 58,1 60,0 48,3 45,9 27,3 55,6 46,5 50,1

* Figures restated due to the change in accounting policy applied as of 1 January 2023 regarding the recognition of longwall outfitting expenditures 
** The change in the presentation rules applied by the Group as of 1 January 2021 pertains to reclassification of the effective result in connection with execution of the hedged position from other comprehensive income to profit or loss.                                         
Source: Additional information for the consolidated quarterly report of the Jastrzębska Spółka Węglowa S.A. Capital Group for the period of 3 months ended 31 March 2023