30.1 Operating lease liabilities – the Group as a lessee

As at the reporting date and in the comparative period the future minimum lease payments related to irrevocable lease agreements amounted to PLN 193 million.

The PGE Group entities incur costs related to fees for perpetual usufruct of land. The value of these costs for the year ended December 31, 2016 amounted to PLN 18 million and PLN 17 million in the comparative period.

30.2 Operating lease receivables – the Group as a lessor

The PGE Group companies have signed agreements with Polskie Sieci Elektroenergetyczne S.A. on rendering intervention services related to administration and use of production units by the system operator in order to balance active and passive power on an intervention basis in the National Electroenergetic System (NES). This aims at ensuring proper and safe operation of the system. The above mentioned agreements, although not having a legal form of a lease, give the right to use the assets for a series of payments.

30.3 Liabilities from finance lease and lease agreements with a purchase option

As at the reporting date the present value of the minimum current lease payments amounted to approximately PLN 1 million, while in the corresponding period the present value of the minimum current and non-current lease payments amounted to approximately PLN 1 million.

30.4 Receivables from finance lease and lease agreement with a purchase option

At the reporting date, and in the comparative period the Group did not identify significant receivables from finance lease agreements.