Financial results of cultural institutions in the period January-September 2023

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14.12.2023

The financial results of cultural institutions for the three quarters of 2023 were higher compared to those obtained in the same period of the previous year. Total revenues increased by 17.1% during this time, and capital expenditures by 20.5%.

Total revenues of cultural institutions for the first three quarters of 2023 were 17.1% higher than in the previous year and amounted to PLN 10,494.3 million. The structure of the revenues was composed of net revenues from sales of products, goods and materials (92.4%), other operating revenues (7.3%) and financial revenues (0.3%). More than 26% of the total revenues were generated by cultural institutions from Mazowieckie Voivodship.

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