The past year ushered in a series of challenges for the companies in the fuel sector. The decisions made by us have demonstrated that we are able to take rapid steps to adapt to a demanding environment and ensure the desired profitability for our projects.
The segmental management model we have implemented enhances management efficiency, delivering cost and revenue synergies across the organization.
2014 ushered in a series of challenges for the companies in the fuel sector. The decisions made by the LOTOS Group have demonstrated that we are able to take rapid steps to adapt to a demanding environment and ensure the desired profitability for our projects.
The key factor that had a strong impact on both the global and Polish petroleum markets in 2014, with significant consequences for the LOTOS Group’s performance, was the price of crude oil, which also determined the price of petroleum products.
The LOTOS Group’s Strategy is designed to strengthen our position as a strong, innovative and efficient business which plays a major role in ensuring national energy security.
Our operations consist in crude oil production and processing, as well as wholesale and retail sale of petroleum products, among which are: fuels (unleaded gasoline, diesel oil and light fuel oil), heavy fuel oil, bitumens, aviation fuel, naphtha, propane-butane LPG and base oils.
At the LOTOS Group, we identify a range of diverse risks, which may affect all areas of our business. The key risks in terms of their impact on our operations are the financial risks as well as risks affecting the exploration and production area. In the analysis of the risks, we also factor in issues related to sustainable development.
With revenue of ca. PLN 28.5bn in 2014, we rank fourth in the group of 500 largest businesses in Poland.
INTEGRATED ANNUAL REPORT PDF
Integrated Annual Report 2014
IFRS STATEMENT PDF
Consolidated Financial Statements for 2014
IFRS STATEMENT XLS
Consolidated Financial Statements - tables
IFRS STATEMENT'S NOTES XLS
Notes to the financial statements - tables
My LOTOS Report
Choose chapters of Report or download them as a ZIP package
|The Organization and its Report||2 MB||Download|
|Ethics and corporate governance||2 MB||Download|
|Risk and opportunities||688 KB||Download|
|Business strategy and model||1 MB||Download|
|Results and prospects||4 MB||Download|
|Financial information||5 MB||Download|
|Useful information||2 MB||Download|
Consolidated Annual Report 2014
Non-consolidated Annual Report 2014
|By-Laws of the Supervisory Board of Grupa LOTOS||149 KB||Download|
|Regulations of The General Assemblies of Grupa LOTOS S.A.||138 KB||Download|
|Management Board Regulations of Grupa LOTOS||102 KB||Download|
|Articles of Association of Grupa LOTOS S.A.||381 KB||Download|
|LOTOS Group Strategy 2011-2015||1.70 MB||Download|
|Integrated Annual Report 2013||16 MB||Download|
|Integrated Annual Report 2012||12 MB||Download|
|Integrated Annual Report 2011||21 MB||Download|
|Consolidated Annual Report 2010||11 MB||Download|
|Consolidated Annual Report 2009||6 MB||Download|
|Annual Report 2008||5 MB||Download|
|Social Responsibility Report 2008||2 MB||Download|
|Annual Report 2007||6 MB||Download|
|Corporate Social Responsibility Report 2006-2007||4 MB||Download|
|Annual Report 2006||7 MB||Download|
|Environmental Report 2006||4 MB||Download|