What will Orlen show in its financial statements? They will include: copies. The biggest changes concern one segment. “They result from market conditions taking into account the specificity of the Czech market and the difficult situation on the petrochemicals market,” we read in the release.
Next month, on April 16, Orlen should present to the public a financial report summarizing its results for the entire year 2025. This is the most extensive periodic report that anyone interested can read. Its importance is special because Orlen is the largest state-owned company.
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Orlen announces the amounts of new write-offs
It is already known that Orlen's results will be burdened with new write-offs. They update the value of the company's assets. Unfortunately, they lower it. We are talking about very large amounts – in total, it is approximately PLN 8.6 billion.
Write-offs concern the segment to the greatest extent Downstream (this is the area of activity including crude oil processing in refineries, production of fuels and chemicals as well as their sale and logistics) – in the amount PLN 6 billion. They mainly concern the following companies: Orlen Unipetrol – CGU Rafineria, Orlen Unipetrol – CGU Petrochemia, Anwil – CGU Tworzywa.
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In addition, there are deductions for PLN 2 billion in the Energy segment in the following companies: Orlen Unipetrol – CGU Petrochemia, Orlen New Power and the Energa Group.
In the segment Upstream & Supply (exploration and extraction of oil and gas deposits and comprehensive management of raw material supplies) write-offs were calculated at PLN 0.6 billionmainly in the companies: Orlen and Orlen Petrobaltic.
Orlen explains the revaluation of assets
“Write-downs in the Downstream segment result from market conditions taking into account the specificity of the Czech market and the difficult situation on the petrochemicals market“- we read in Orlen's announcement.
Moreover, the company expects to include write-downs on shares in the amount of PLN 12.2 billion in the separate financial statements for 2025.
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“Write-downs on assets and shares are non-cash and have no direct connection with the current operating results of the Orlen Group and the company.“- emphasizes the company.
He adds that the estimates indicated above are currently subject to review by a certified auditor and may change in the final version of the consolidated financial statements.
