Â
PLN ‘000 | Dec 31 2009 | Dec 31 2008 |
|
|
(comparable data) |
Negative valuation of financial derivatives: |
236,371 |
218,526 |
- commodity swaps (raw materials and petroleum products) |
- |
7,910 |
- futures (CO2 emissions) |
675 |
1 |
- currency forward and spot contracts |
12,798 |
28,329 |
- currency options |
- |
5,020 |
- forward rate agreements (FRAs) |
- |
1,733 |
- interest rate swap (IRS) |
219,720 |
175,533 |
- currency swaps |
3,178 |
- |
Lease liabilities |
83,149 |
1,415 |
Total financial liabilities |
319,520 |
219,941 |
Non-current liabilities |
300,389 |
176,387 |
Current liabilities |
19,131 |
43,554 |
As at December 31st 2009, negative valuation of financial instruments related to mandatory hedging agreements over which an assignment was created as security for the credit facility referred to in Note 30 amounted to PLN 159,689 thousand (December 31st 2008: PLN 131,143 thousand).
Finance lease liabilities
PLN ‘000 | Minimum lease payments | Present value of minimum lease payments |
Dec 31 2009 | Dec 31 2008 | Dec 31 2009 | Dec 31 2008 |
Up to 1 year |
24,700 |
756 |
2,845 |
561 |
1 year to 5 years |
114,101 |
926 |
23,822 |
854 |
Over 5 years |
74,222 |
- |
56,482 |
- |
Total |
213,023 |
1,682 |
83,149 |
1,415 |
|
|
|
|
|
Less future financial charges |
(129,874) |
(267) |
- |
- |
|
|
|
|
|
Present value of minimum lease payments |
83,149 |
1,415 |
83,149 |
1,415 |
|
|
|
|
|
Non-current portion |
|
|
80,304 |
854 |
Current portion |
|
|
2,845 |
561 |
This is a translation of a document originally issued in Polish