Notes to the consolidated financial statements
39. Additional information to the statement of cash flows
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
Corporate Governance
- Corporate governance: principles and scope of application
- Control system in the process of preparing financial statements
- Entity authorized to audit financial statements
- Shareholding structure and share capital
- Key information regarding Poczta Polska S.A.
- Cooperation with Poczta Polska S.A.
- Investor relations
- By-laws amending principles
- Activities of the corporate bodies of the Bank