Notes to the consolidated financial statements
Download note36.4 Other reserve capitals
The reserve capital is created from the net profit distribution in accordance with the Banking Law and the Bank’s charter. It consists of a general risk reserve and reserve capital. The general risk reserve and the reserve capital are presented below.
| Balance as at | Balance as at | |
|---|---|---|
| 31 December 2016 | 31 December 2015 | |
| PLN’000 | PLN’000 | |
| General risk reserve | 124 345 | 114 345 |
| Reserve capital | 228 736 | 201 451 |
| Other reserve capitals | 353 081 | 315 796 |
Changes in other reserve capitals arise from distribution of Bank’s net profit for 2015. Detailed information regarding distribution of Bank’s net profit for 2015 is presented in Note 17.