Consolidated Statement of profit or loss

in PLN millions, unless otherwise stated

Note		2017	2016
2.3	Sales revenue	20 358	19 156
4.1	Cost of sales	(15 204)	(15 242
	Gross profit	5 154	3 914
4.1	Selling costs and administrative expenses	(1 343)	(1 370)
	Profit on sales	3 811	2 544
6.1	Share of losses of joint ventures accounted for using the equity method	(474)	(1 200)
6.2	Allowance for impairment of loans granted to joint ventures	-	( 4 394)
6.2	Interest on loans granted to joint ventures	319	633
	Profit or loss on involvement in joint ventures	(155)	(4 961)
4.2	Other operating income/(costs)	( 2 377)	( 802)
4.3	Finance income and (costs)	1 020	( 582)
	Profit/(loss) before income tax	2 299	(3 801)
5.1	Income tax expense	(774)	( 648)
	PROFIT/(LOSS) FOR THE PERIOD	1 525	(4 449)
	Profit/(loss) for the period attributable to:
	Shareholders of the Parent Entity	1 568	(4 371)
	Non-controlling interest	(43)	(78)

	Weighted average number of ordinary shares (million)	200	200
	Basic/diluted earnings per share (in PLN)	(7,84)	( 21,86)