• CLEAN AND ENVIRONMENTALLY FRIENDLY Natural gas is the cleanest and most environmentally friendly of all fossil fuels...Read more

  • WELL DRILLING PADThe size of a typical drilling pad is about 1 hectare. To compare, the floorage of an average shopping centre is 4.5 hectares... Read more

  • SECURING OF WELL DRILLING PADA drilling pad as well as the adjacent pool are reinforced and tightened with concrete slabs. Protective foil is additionally laid where necessary.

  • WORK NOISEWell drilling does not produce onerous noise. The intensity of sounds generated in connection with drilling work is lower than that generated by street traffic.Read more

  • SAFETY OF FRACTURING PROCESSIn Poland, exploration wells in shale rock are drilled to depths of over 2.5 km.Read more

  • COMPOSITION OF FRACTURING FLUIDFracturing fluid is 95% water. Read more

  • NO MAJOR LANDSCAPE INTERFERENCEIf gas production is launched, the land surrounding the isolated, secured zone, is subject to a reclamation treatment. Read more

Notes to the Consolidated Financial Statements – Contents

23. Cash and Cash Equivalents

in PLN m

Dec 31 2012 Dec 31 2011
Cash in hand and at banks 467 326
Bank deposits 1,482 1,176
Other cash* (1) 3
Total 1,948 1,505
Download Excel file

* Cash in transit, cheques and third-party notes maturing in less than three months.

Cash in transit, cheques and third-party notes maturing in less than three months.

The Group companies deposit their cash with reputable Polish and international banks, as a result of which any risk concentration related to cash deposits is limited.

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