60.1. Transactions with joint ventures
The group has interest in the following joint ventures: Elektrociepłownia Stalowa Wola S.A. and the TAMEH HOLDING Sp. z o.o. capital group, which are further described in Note 29 of consolidated financial statements.
The total value of transactions with jointly-controlled entities is presented in the table below.
|
Year ended 31 December 2022 |
Year ended 31 December 2021 |
|
| Revenue | 966 | 412 |
| Costs | (557) | (488) |
The main item of settlements with jointly-controlled entities are the loans granted to Elektrociepłownia Stalowa Wola S.A., which is discussed in more detail in Note 30 to consolidated financial statements.
The Company provided collaterals to joint ventures in the form of pledges on shares in TAMEH HOLDING Sp. z o.o. and a bank guarantee issued at the request of the Company and the surety to secure loan liabilities of Elektrociepłownia Stalowa Wola S.A.