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Notes to the consolidated financial statements

39. Additional information to the statement of cash flows

Download note 39 in XLS

Cash and cash equivalents
The balance of cash and cash equivalents recognized in the consolidated statement of cash flows includes the following cash and cash equivalent items maturing within three months.

  Balance as at
31 December 2014		 Balance as at
31 December 2013
   PLN’000 PLN’000
Cash in hand and deposits with the Central Bank 757,643 327,242
Current accounts 4,841 4,458
Total 762,484 331,700


Differences between balance sheet changes in certain items and changes in the balance of the same items in the consolidated statement of cash flows for the years ended 31 December 2014 and 31 December 2013:

  Period
from 1 January 2014
to 31 December 2014		 Period
from 1 January 2013
to 31 December 2013
  PLN’000 PLN’000
Change in the balance of receivables from other banks    
Balance-sheet change (121,940) (6,480)
Change in nostro accounts balance - cash 382 (2,143)
Difference between interest accrued and received in cash in the
reporting period		 456 443
Change presented in the consolidated statement of cash flows (121,102) (8,180)

  Period
from 1 January 2014
to 31 December 2014		 Period
from 1 January 2013
to 31 December 2013
  PLN’000 PLN’000
Change in loans and advances to customers    
Balance sheet change in loans and advances to customers (96,065) (456,167)
Difference between interest accrued and received in cash in the
reporting period		 31 ,203 33,981
Change presented in the consolidated statement of cash flows (64,862) (422,186)

  Period
from 1 January 2014
to 31 December 2014		 Period
from 1 January 2013
to 31 December 2013
  PLN’000 PLN’000
Change in investment financial assets available for sale    
Balance sheet change in investments financial assets available
for sale in operating activities		 354,471 (393,793)
Measurement of financial assets available for sale, recognized in
the revaluation reserve, and effect of reclassification of financial
assets between their classes		 5,066 (7,110)
Difference between interest accrued and received in cash in the
reporting period		 7,768 16,005
Change presented in the consolidated statement of cash flows 367,305 (384,898)

  Period
from 1 January 2014
to 31 December 2014		 Period
from 1 January 2013
to 31 December 2013
  PLN’000 PLN’000
Change in investment financial assets held to maturity    
Balance sheet change in investment financial assets held to
maturity		 (31,701) 5,744
Difference between interest accrued and received in cash in the
reporting period		 (526) 284
Change presented in the consolidated statement of cash flows (32,227) 6,028

  Period
from 1 January 2014
to 31 December 2014		 Period
from 1 January 2013
to 31 December 2013
  PLN’000 PLN’000
Change in liabilities to other banks    
Balance sheet change in liabilities to other banks (37,742) 38,938
Difference between interest accrued and paid in cash in the
reporting period		 43 (44)
Change presented in the consolidated statement of cash flows (37,699) 38,894

  Period
from 1 January 2014
to 31 December 2014		 Period
from 1 January 2013
to 31 December 2013
  PLN’000 PLN’000
Change in liabilities to customers    
Balance sheet change in liabilities to customers 261,445 (87,371)
Difference between interest accrued and paid in cash in the
reporting period		 (970) (978)
Change presented in the consolidated statement of cash flows 260,475 (88,349)

 

 

  Period
from 1 January 2014
to 31 December 2014		 Period
from 1 January 2013
to 31 December 2013
  PLN’000 PLN’000
Change in other liabilities    
Balance sheet change in other liabilities 10,545 11,428
Payment of finance lease liabilities 306 583
Change presented in the consolidated statement of cash flows 10,851 12,011

 

  Period
from 1 January 2014
to 31 December 2014		 Period
from 1 January 2013
to 31 December 2013
   PLN’000 PLN’000
Other items    
Liquidation of fixed assets and intangible assets 649 219
Measurement of actuarial gains 156 33
Other items 805 252

The Group decided to apply the following classification to operating, investing and financing activities in the consolidated statement of cash flows.
Operating activities constitute the core business of the Group which cannot be classified to investing or financing activities.
Investing activities involve acquisition and sale of property, plant and equipment and intangible assets as well as receiving cash flows from dividend due to interests in subsidiaries.
Financing activities involve entering into long-term financial contracts (for more than 12 months) constituting the source of the financing for the Group’s activities, i.e. issuing debt securities, taking up loans, redeeming debt securities issued and repaying loans with accrued interest.

 

Annual Report 2014 - Bank Pocztowy