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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.



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:






 

 

 

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