35. Investment expenditures incurred and future commitments resulting from signed investment contracts

Total amount of investment expenditures together with borrowing costs incurred in 2014 and in 2013 amounted to PLN 3,788 million and PLN 2,484 million, respectively, including PLN 521 million and PLN 258 million of investments relating to environmental protection.

As at 31 December 2014 and as at 31 December 2013 the value of future liabilities resulting from contracts signed until this date amounted to PLN 2,461 million and PLN 1,998 million, respectively.