3. Operating segments

3.1. Reportable segments

The tables below present revenue, costs and profits/losses, as well as assets, equity and liabilities of the Group’s reporting segments for the years ended December 31st 2014 and December 31st 2013.

Year ended December 31st 2014 Exploration and Production Trade and Storage Distribution Generation Other Segments Eliminations Total
Statement of profit or loss              
               
Sales to third-party customers 4,346 28,367 280 1,149 162 - 34,304
Inter-segment sales 1,725 458 4,003 794 163 (7,143) -
Segment's total revenue 6,071 28,825 4,283 1,943 325 (7,143) 34,304
               
Depreciation and amortisation expense (1,137) (181) (864) (301) (20) 1 (2,502)
Other costs (2,928) (28,061) (2,281) (1,480) (373) 7,164 (27,959)
Segment's total costs (4,065) (28,242) (3,145) (1,781) (393) 7,165 (30,461)
               
Operating profit/(loss) 2,006 583 1,138 162 (68) 22 3,843
               
Net finance costs             (346)
Share in net profit/(loss) of equity-accounted entities   129         129
               
Profit/(loss) before tax             3,626
               
Income tax             (804)
               
Net profit/(loss)             2,822
               
STATEMENT OF FINANCIAL POSITION              
Segment's assets 15,442 18,299 14,142 4,184 387 (6,780) 45,674
Investments in equity-accounted entities   856         856
Unallocated assets             613
Deferred tax assets             1,783
               
Total assets             48,926
               
Total equity             30,169
Segment's liabilities 5,531 4,873 2,638 2,049 219 (6,427) 8,883
Unallocated liabilities             6,624
Deferred tax liabilities             3,250
               
Total equity and liabilities             48,926
               
Other information              
Capital expenditure on property, plant and equipment and intangible assets (2,063) (269) (1,091) (285) (10) (63) (3,781)
Impairment losses on assets (2,381) (1,590) (112) (26) (22) - (4,131)
Impairment losses on unallocated assets             (46)
Year ended December 31st 2013 Exploration and Production Trade and Storage Distribution Generation Other Segments Eliminations Total
Statement of profit or loss              
               
Sales to third-party customers 4,580 25,341 165 1,658 300 - 32,044
Inter-segment sales 1,605 318 4,085 405 124 (6,537) -
Segment's total revenue 6,185 25,659 4,250 2,063 424 (6,537) 32,044
               
Depreciation and amortisation expense (1,050) (177) (857) (359) (20) - (2,463)
Other costs (2,804) (25,490) (2,654) (1,560) (469) 6,545 (26,432)
Segment's total costs (3,854) (25,667) (3,511) (1,919) (489) 6,545 (28,895)
               
Operating profit/(loss) 2,331 (8) 739 144 (65) 8 3,149
               
Net finance costs             (396)
Share in net profit/(loss) of equity-accounted entities   (44)         (44)
               
Profit/(loss) before tax             2,709
               
Income tax             (789)
               
Net profit/(loss)             1,920
               
STATEMENT OF FINANCIAL POSITION              
Segment's assets 15,364 17,344 14,067 4,124 411 (6,244) 45,066
Investments in equity-accounted entities   727         727
Unallocated assets             358
Deferred tax assets             2,233
               
Total assets             48,384
               
Total equity             28,453
Segment's liabilities 4,954 4,634 2,879 1,943 187 (5,847) 8,750
Unallocated liabilities             7,971
Deferred tax liabilities             3,210
               
Total equity and liabilities             48,384
               
Other information              
Capital expenditure on property, plant and equipment and intangible assets (1,630) (341) (1,110) (203) (13) 7 (3,290)
Impairment losses on assets (1,642) (1,479) (115) (34) (20) - (3,290)
Impairment losses on unallocated assets             (45)
 

3.2.  Geographical areas

The Group’s conducts its business activity primarily on the domestic market (Poland). In 2014, revenue from export sales to external customers accounted for 14.89% (2013: 14.59%) of total revenue from sales to external customers.

  Year ended Dec 31 2014 Year ended Dec 31 2013
Domestic sales: 29,195 27,368
High-methane gas 23,944 21,728
Nitrogen-rich gas 1,367 1,409
Crude oil and natural gasoline 789 1,007
Helium 12 29
Electricity 910 995
Heat 1,079 1,069
Geophysical and geological services 83 103
Drilling and well services 168 192
Construction and installation services 131 229
Connection charge 112 110
Other sales 600 497
Export sales: 5,109 4,676
High-methane gas 1,782 1,812
Nitrogen-rich gas 35 21
Crude oil and natural gasoline 1,758 1,639
Helium 108 154
NGL 107 111
Electricity 785 365
Geophysical and geological services 198 136
Drilling and well services 312 402
Construction and installation services 4 14
Other sales 20 22
Total 34,304 32,044
 

On foreign markets the Group sells mainly to customers in Germany (56% of export sales), Norway and Switzerland.

Most of the Group’s non-current assets (other than financial instruments) are also located in Poland. The value of non-current assets located outside of Poland as at December 31st 2014 represented 13.13% of the Group's total assets (December 31st 2013: 13.02%).

  As at Dec 31 2014 As at Dec 31 2013
Value of non-current assets other than financial instruments located in Poland 30,100 29,751
Value of non-current assets other than financial instruments located abroad* 4,550 4,455
Total 34,650 34,206
% share of assets located outside of Poland in total assets 13.13% 13.02%
* Including PGNiG Upstream International AS 4,041 3,587

3.3.  Key customers

The Group does not have any single external customer which would account for 10% or more of total revenue earned by the Group.