Notes to the consolidated financial statements

36a. Share capital

Download note 36a in XLS

	Balance as at 31 December 2013
	number of shares	value PLN ‘000
Registered shares, A series/face value of PLN 10 each	291,300	2,913
Registered shares, B series/face value of PLN 10 each	9,437,740	94,377
Total	9,729,040	97,290

 

	Balance as at 31 December 2012 (restated)
	number of shares	value PLN ‘000
Registered shares, A series/face value of PLN 10 each	291,300	2,913
Registered shares, B series/face value of PLN 10 each	9,437,740	94,377
Total	9,729,040	97,290

As at 31 December 2013, the Bank’s share capital was divided into 9,729,040 shares with the face value of PLN 10 each. The Bank’s shares were fully paid up. General description of shares:

• 291,300 A series shares (held by Poczta Polska S.A.) carrying no voting preference, but carrying preferential rights to asset distribution in case of liquidation of the Bank in proportion of 5 to 1 versus ordinary shares. The preference is lost if a given A series share is sold to an entity not being a founder-shareholder;
• 7,005,470 B series shares (held by Poczta Polska S.A.) and 2,432,270 B series shares (held by Powszechna Kasa Oszczędności Bank Polski S.A.) carrying no preference

As at 31 December 2013, there were no changes in the share capital of the Bank as compared to 31 December 2012.