Poll

Notes to the consolidated financial statements

23. Financial assets and liabilities held for trading

Fair values of financial assets and liabilities held for trading as at 31 December 2013 and 31 December 2012 have been presented below:

Financial assets held for trading	Balance as at 31 December 2013	Balance as at 31 December 2012 (restated)
	PLN ‘000	PLN ‘000
Derivative instruments	1,369	766
Total	1,369	766

Financial liabilities held for trading	Balance as at 31 December 2013	Balance as at 31 December 2012 (restated)
	PLN ‘000	PLN ‘000
Derivative instruments	17	17
Total	17	17

Derivatives by type	Assets	Liabilities	Assets	Liabilities
	Balance as at 31 December 2013		Balance as at 31 December 2012 (restated)
	PLN ‘000	PLN ‘000	PLN ‘000	PLN ‘000
Currency swap	0	0	0	17
FRA	0	0	0	0
IRS	1,369	0	766	0
OIS	0	17	0	0
Total	1,369	17	766	17

The face value of instruments with the term to maturity as at 31 December 2013

	Up to 1 month	1 to 3 months	3 months to 1 year	1 to 5 years	Over 5 years	Total
	PLN ‘000	PLN ‘000	PLN ‘000	PLN ‘000	PLN ‘000	PLN ‘000
FX derivatives:
Currency sw ap	0	0	0	0	0	0
purchase	0	0	0	0	0	0
sale	0	0	0	0	0	0
Interest rate derivatives:
FRA	0	0	0	0	0	0
IRS	0	0	100,000	100,000	0	200,000
purchase	0	0	50,000	50,000	0	100,000
sale	0	0	50,000	50,000	0	100,000
OIS	200,000	0	0	0	0	200,000
purchase	100,000	0	0	0	0	100,000
sale	100,000	0	0	0	0	100,000
Total derivatives	200,000	0	100,000	100,000	0	400,000

The face value of instruments with the term to maturity as at 31 December 2012 (restated)

	Up to 1 month	1 to 3 months	3 months to 1 year	1 to 5 years	Over 5 years	Total
	PLN ‘000	PLN ‘000	PLN ‘000	PLN ‘000	PLN ‘000	PLN ‘000
FX derivatives:
Currency swap	9,805	82,150	0	0	0	91,955
purchase	4,899	41,268	0	0	0	46,167
sale	4,906	40,882	0	0	0	45,788
Interest rate derivatives:
IRS	0	0	0	100,000	0	100,000
purchase	0	0	0	50,000	0	50,000
sale	0	0	0	50,000	0	50,000
Total derivatives	9,805	82,150	0	100,000	0	191,955