PLN ‘000 | Dec 31 2008 | Dec 31 2007 |
---|---|---|
(audited) | (audited) | |
Negative valuation of financial derivatives, including: | 218,526 | 3,906 |
- commodity swaps (raw materials and petroleum products) | 7,910 | 740 |
- futures (CO2 emissions) | 1 | 251 |
- currency forward and spot contracts | 28,329 | 2,915 |
- currency options | 5,020 | - |
- FRAs | 1,733 | - |
- interest rate swaps (IRS) | 175,533 | - |
Lease liabilities | 1,415 | 1,628 |
Deferred income, including: | 4,245 | 4,920 |
- subsidies | 3,885 | 4,527 |
Accruals and deferred income | 38 | - |
Other liabilities, including: | 4,824 | 3,774 |
- to related undertakings | 1,649 | 984 |
Total financial liabilities | 229,048 | 14,228 |
Non-current liabilities | 9,961 | 9,323 |
Current liabilities | 219,087 | 4,905 |
Finance lease liabilities
PLN ‘000 | Minimum lease payments | Present value of minimum lease payments |
---|---|---|
Up to 1 year | 756 | 561 |
1 year to 5 years | 926 | 854 |
Over 5 years | - | - |
Total | 1,682 | 1,415 |
Less future financial charges | 267 | - |
Present value of minimum lease payments | 1,415 | 1,415 |
Current portion | 756 | 561 |
Non-current portion | 926 | 854 |