By carrying amount |
31.12.2015 |
31.12.2014 |
Debt securities |
766 641 |
1 915 120 |
issued by the State Treasury, of which: |
648 695 |
1 825 454 |
Treasury bonds PLN |
640 009 |
1 825 454 |
Treasury bonds EUR |
8 686 |
- |
issued by local government bodies, municipal bonds PLN |
48 596 |
50 563 |
issued by non-financial institutions, of which: |
46 122 |
22 146 |
corporate bonds PLN |
46 052 |
22 137 |
corporate bonds EUR |
70 |
9 |
issued by other financial institutions, of which: |
5 344 |
2 326 |
bonds issued by WSE PLN |
5 238 |
2 248 |
corporate bonds PLN |
106 |
78 |
issued by banks |
17 884 |
14 631 |
Shares in other entities – listed on stock exchanges |
9 910 |
5 137 |
Investment certificates |
6 648 |
3 891 |
Allotment certificates |
- |
278 |
Total |
783 199 |
1 924 426 |
Debt securities by nominal value |
31.12.2015 |
31.12.2014 |
Treasury bonds PLN |
630 764 |
1 741 972 |
Municipal bonds PLN |
46 156 |
48 067 |
Corporate bonds PLN |
69 992 |
38 323 |
Corporate bonds EUR |
75 |
9 |
Treasury bonds EUR |
8 630 |
- |
The average yield on debt securities issuedby the State Treasury |
31.12.2015 |
31.12.2014 |
|
2,1472% |
1,9975% |
Change in trading assets |
2015 |
2014 |
Balance at the beginning of the period |
1 924 426 |
479 881 |
Currency translation differences |
14 919 |
58 |
Increases |
153 956 971 |
204 794 395 |
Decreases |
(155 112 529) |
(203 348 345) |
Changes in fair value |
(588) |
(1 563) |
Balance at the end of the period |
783 199 |
1 924 426 |
As at 31 December 2015 and as at 31 December 2014 the Group did not have transferred financial assets, which are derecognised from the financial statements for which the Group would continue involvement in those assets.
Transferred financial assets which the Group does not derecognise from the financial statements include the assets pledged as collateral for liabilities due to sell-buy-back transactions (treasury bonds).
Carrying amount |
31.12.2015 |
31.12.2014 |
Trading assets |
831 303 |
926 977 |
Liabilities due to sell-buy-back transactions |
829 114 |
927 553 |
Initial Settlement Deposit of the Central Securities Depository of Poland (KDPW)
The Brokerage House of PKO Bank Polski SA holds bonds in the Central Securities Depository of Poland pledged as collateral for settlement of transactions with the Clearing House.
Carrying amount/fair value |
31.12.2015 |
31.12.2014 |
Value of the deposit |
7 998 |
7 998 |
Nominal value of the pledge |
8 000 |
8 000 |
Type of the pledge |
treasury bonds |
treasury bonds |
Carrying amount of the pledge |
8 038 |
8 112 |
Debt securities by maturity as at 31 December 2015 (by carrying amount) |
up to 1 month |
1 - 3 months |
3 months –1 year |
1 - 5 years |
over 5 years |
Total |
Debt securities |
|
|
|
|
|
|
issued by the State Treasury |
188 761 |
- |
267 575 |
98 281 |
94 078 |
648 695 |
issued by local government bodies |
- |
- |
3 587 |
2 940 |
42 069 |
48 596 |
issued by other financial institutions |
- |
- |
5 768 |
31 322 |
9 032 |
46 122 |
issued by non-financial institutions |
- |
- |
47 |
4 287 |
1 010 |
5 344 |
issued by banks |
- |
- |
40 |
14 498 |
3 346 |
17 884 |
Total |
188 761 |
- |
277 017 |
151 328 |
149 535 |
766 641 |
Debt securities by maturity as at 31 December 2014 (by carrying amount) |
up to 1 month |
1 - 3 months |
3 months –1 year |
1 - 5 years |
over 5 years |
Total |
Debt securities |
|
|
|
|
|
|
issued by the State Treasury |
54 632 |
7 281 |
488 236 |
709 697 |
565 608 |
1 825 454 |
issued by local government bodies |
- |
255 |
596 |
7 535 |
42 177 |
50 563 |
issued by other financial institutions |
- |
- |
183 |
20 226 |
1 737 |
22 146 |
issued by non-financial institutions |
34 |
- |
- |
2 292 |
- |
2 326 |
issued by banks |
102 |
- |
- |
11 949 |
2 580 |
14 631 |
Total |
54 768 |
7 536 |
489 015 |
751 699 |
612 102 |
1 915 120 |