Tauron Polska Energia's total assets reached PLN 32,071 mil at the end of 2015, down 7.2% compared to the previous year.
Current assets amounted to PLN 3,947 mil, or 12.3% of total assets while cash stood at PLN 399 mil at the end of 2015.
By contrast, total debt reached PLN 8,139 mil at the year-end, or 25.4% of total assets, while the firm's equity amounted to PLN 16,048 mil. As a result, net debt stood at PLN 7,739 mil at the end of 2015 and accounted for 0.482 of equity.
Net debt against equity is up 0.481 pp from five years ago (0.001). The ratio against EBITDA decreased from 0.007x seen in 2010 to -113x.
The company’s cost of funding amounted to 3.41% in 2015, down 1.14 pp compared to the average over the last 5 years.