TVP records PLN 20.5 million loss

State-owned broadcaster Polish Television (TVP) had a loss of PLN 20.5 million in 2013, the company said in its annual financial statement. A year earlier the loss was PLN 218 million.

 

Revenues from obligatory television fees amounted to PLN 282.4 million and grew by 28.5 million compared to 2012. However compared to 2007, fee revenues were PLN 233 million lower.

 

Revenues from advertising and sponsorship stood at PLN 864 million in 2013 and fell by 9 percent compared to 2012.

 

The company sold 18 properties in 2013, generating PLN 27 million in revenue. Other revenue amounted to PLN 233 million.