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PKN Orlen
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PKN ORLEN is the largest manufacturer and distributor of fuel in Poland. PKN ORLEN's activities include crude-oil processing into a wide range of such products as unleaded gasolines, diesel oil, furnace oil, aviation fuel, plastics and petrochemicals. The company, together with ORLEN Capital Group covering 203 commercial corporations, is one of the largest crude-oil companies in Central Europe. In 1999 shares of PKN ORLEN were quoted on the Warsaw Stock Exchange and in year 2000 on London Stock Exchange.
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Press Releases
Latest Financial Comments
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At the end of the first quarter of 2003, the total assets amounted to PLN 17,324m, up by 14.9% relative to December 31st 2002. The fixed assets increased by PLN 793m (8.1%) in comparison with December 31st 2002, and reached PLN 10,607m.
Long-term liabilities amounted to PLN 1,542m, and rose by PLN 133m in comparison with the end of 2002. Total short-term liabilities also grew – from PLN 4,923m as at the end of 2002 o PLN 6,661m as at March 31st 2003.
Net operating cash flow in Q1 2003 was PLN 256m, which is 24.0% less in relation to the analogous period of 2002
 All Financial Comments
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