18. Other operating revenues and costs
Year ended 31 December 2022 | Year ended 31 December 2021 (restated figures) | |
---|---|---|
Result on the loss of control over Wsparcie Grupa TAURON Sp. z o.o. company | 67 | − |
Other subsidies/ Income from settlement of subsidies and gratuitous receipt of fixed assets parallel to depreciation | 38 | 35 |
Penalties, fines, compensations received or receivable | 30 | 34 |
Result on the disposal of non-financial fixed assets and costs of damages to non-current assets | (12) | 20 |
Costs of court proceedings, fines and damages | (10) | (7) |
Surplus of other provisions (recognized)/derecognized | 1 | 9 |
Write-off for abandoned investments and production | (2) | (15) |
Other operating income | 32 | 40 |
Other operating expenses | (58) | (40) |
Total | 86 | 76 |
The result on the loss of control over the subsidiary, Wsparcie Grupa TAURON Sp. z o.o. in the amount of PLN 67 million is related to the accession of TAURON Dystrybucja S.A. to the company Polski Holding Obronny Sp. z o.o. and the acquisition, for this purpose, of newly-established shares in the increased capital of the aforementioned company in exchange for a contribution in kind in the form of 100% of the shares in Wsparcie Grupa TAURON Sp. z o.o., which is described in more detail in Note 3 of consolidated financial statements. As a result of the transaction, the Group recognized the fair value of the shares in Polski Holding Obronny Sp. z o.o. acquired as a result of the above transaction at a level of PLN 80 million and ceased to recognize the net assets of Wsparcie Grupa TAURON Sp. z o.o. in the amount of PLN 13 million.