Cost of sales includes costs of finished goods, merchandise, services and raw materials sold and adjustments related to inventories written down to net realizable value. Costs are adjusted for profits or losses from settlement of cash flow hedging instruments related to the above mentioned costs.
Distribution expenses include selling brokerage expenses, trading expenses, advertising and promotion expenses as well as distribution expenses.
Administrative expenses include expenses relating to management and administration of the Group as a whole.
| % share | ||||
|---|---|---|---|---|
| 2019 | 2018 | 2019 | 2018 | |
| Materials and energy | (75,468) | (75,789) | 71.4% | 72.7% |
| Cost of merchandise and raw materials sold | (16,035) | (16,484) | 15.2% | 15.8% |
| External services | (4,519) | (4,593) | 4.3% | 4.4% |
| Employee benefits, incl.: | 2,942 | (2,628) | 2.8% | 2.5% |
| payroll expenses | (2,336) | (2,041) | 2.3% | 2.1% |
| social security expenses | (463) | (450) | 0.4% | 0.4% |
| Depreciation and amortisation | (3,497) | (2,673) | 3.3% | 2.6% |
| Taxes and charges | (2,659) | (1,540) | 2.5% | 1.5% |
| Other | (647) | (543) | 0.5% | 0.5% |
| (105,767) | (104,250) | 100.0% | 100.0% | |
| Change in inventories | 164 | 479 | ||
| Cost of products and services for own use | 141 | 171 | ||
| Operating expenses | (105,462) | (103,600) | ||
| Distribution expenses | 6,355 | 4,745 | ||
| Administrative expenses | 1,806 | 1,590 | ||
| Cost of sales | (97,301) | (97,265) | ||
In 2019 the position of taxes and charges includes the value of the emission charge effective from 1 January 2019 in the amount of PLN (1,200) million.