16. Equity-accounted entities
The Group’s ownership interest | |
---|---|
Dec 31 2013 | |
LOTOS – Air BP Polska Sp. z o.o. | 50.00% |
LOTOS Petrobaltic Group | |
Baltic Gas Sp. z o.o. | 49.99% |
Baltic Gas spółka z ograniczoną odpowiedzialnością i wspólnicy sp.k. | 81.68% |
For more information on shareholder structure of the equity-accounted entities, as well as changes in the reporting period, see Note 2.
Change in shareholdings in equity-accounted entities
PLN ’000 | LOTOS – Air BP Polska Sp. z o.o. | Baltic Gas Sp. z o.o. |
Baltic Gas Sp. z o.o. i wspólnicy sp.k. |
---|---|---|---|
Jan 1 2013 | - | 5 | 5 |
Contributions made | - | - | 52,296 |
Purchase price | 14,907 | - | - |
Share capital increase | - | 20 | - |
Sale of shares | - | (3) | - |
Share in net loss | (488) | (15) | (505) |
Dec 31 2013 | 14,419 | 7 | 51,796 |
Condensed financial information on equity-accounted entities
PLN ’000 | LOTOS – Air BP Polska Sp. z o.o. |
Baltic Gas Sp. z o.o. |
Baltic Gas Sp. z o.o. i wspólnicy sp.k. |
---|---|---|---|
Dec 31 2013 | |||
Total assets | 39,226 | 16 | 70,782 |
Total liabilities | 23,861 | 2 | 7,975 |
Net assets | 15,365 | 14 | 62,807 |
PLN ’000 | LOTOS – Air BP Polska Sp. z o.o. |
Baltic Gas Sp. z o.o. |
Baltic Gas Sp. z o.o. i wspólnicy sp.k. |
---|---|---|---|
for the year ended Dec 31 2013 | |||
Revenue | 19,478 | - | - |
Net loss | (976) | (28) | (1,009) |