6. Functional currency and presentation currency

The functional currency of the parent entity and its subsidiaries, except for TAURON Czech Energy s.r.o.,  and the functional currency of the parent entity and the subsidiaries covered by consolidated financial statements, except TAURON Czech Energy s.r.o. The functional currency of TAURON Czech Energy s.r.o. is the Czech koruna (“CZK”). Items in the financial statements of TAURON Czech Energy s.r.o. are translated into the TAURON Group’s presentation currency using the relevant exchange rates.

Consolidated financial statements are presented in the Polish zloty (“PLN”) while all figures are provided in PLN million, unless indicated otherwise.