Pursuant to 55 clause 2a of the Act of 29 September 1994, on accounting (Journal of Laws of 2021, item 217) and § 71 clause 8 of the Regulation of the Minister of Finance of 29 March 2018 on current and periodic information to be disclosed by securities issuers and conditions for recognizing as equivalent the information required by the legal regulations in force in a non-member state (Journal of Laws of 2018, item 757), TAURON Polska Energia S.A. drew up the report of the Management Board on the operations of TAURON Polska Energia S.A. and the report of the Management Board on the operations of the TAURON Group in a form of a single document.
At the same time, the Company indicates that pursuant to art. 49b clause 9 and art. 55 clause 2c of the Act of 29 September 1994 on accounting (Journal of Laws of 2021, item 217), the Company drew up a Non-financial Report of the TAURON Group in accordance with the requirements set out in art. 49b clauses 2-8 of the aforementioned act, in the form of a separate document.
The documents can be downloaded from the Integrated Report website.
The TAURON Polska Energia S.A. Group (hereinafter: TAURON Capital Group, TAURON Group or the Group) is a vertically integrated energy group located in the south of Poland.
TAURON Group conducts its operations in all key segments of the energy market (excluding electricity transmission which is the sole responsibility of the Transmission System Operator (TSO)), i.e., hard coal mining as well as electricity and heat generation, distribution and supply.
TAURON Group’s parent (holding) company is TAURON Polska Energia S.A. (hereinafter: The Company or TAURON), which was established on 6 December 2006 as part of the Program for the Power Sector. The Company was registered in the National Court Register on 8 January 2007 under the name: Energetyka Południe S.A. The change of the Company’s name to its current name, i.e., TAURON Polska Energia S.A., was registered on 16 November 2007.
The Company does not have any branches (plants).
TAURON Capital Group
During the period covered by this report 100% of the shares in TAURON Ciepło sp. z o. o. (TAURON Ciepło) was classified by the Company as held for sale. Due to the above, the operations of TAURON Ciepło are presented in this report as part of the Discontinued Operations (in contrast to the previous presentation as part of the Generation Segment) and thus the comparable data has been adjusted (restated) accordingly only for 2019.