6.3.3. GRANTS
Accounting policies
Grants Grants related to assets are recognised in the statement of financial position under ‘Grants’ (non-current portion) and ‘Other liabilities’ (current portion), and subsequently taken – through equal annual charges – to profit or loss throughout the expected useful life of the assets. |
|
Grants
|
2019
|
2018
|
|
Grants related to assets, including:
|
754
|
761
|
|
Kosakowo UGSC construction
|
62
|
71
|
|
Wierzchowice UGS extension
|
378
|
399
|
|
Strachocina UGS extension
|
51
|
53
|
|
Husów UGS extension
|
25
|
27
|
|
Construction of gas distribution systems in new areas and upgrades of existing distribution networks
|
182
|
149
|
|
Other
|
56
|
62
|
|
Total
|
754
|
761
|
|
Including non-current
|
705
|
720
|
Group companies are executing projects for which EU co-financing has been obtained. The largest projects of this type were reported by Polska Spółka Gazownictwa Sp. z o.o., which in 2019 was a party to co-financing agreements covering nine projects, executed under the Operational Programme Infrastructure and Environment for 2014-2020. In connection with these contracts, in the reporting period the Company received a PLN 38m EU grant from Instytut Nafty i Gazu. In the comparative period, the grant amount was PLN 1.8m.