Annual Report 2013
Poll
Notes to the consolidated financial statements
35. Subordinated liabilities
Classification | Balance as at 31 December 2013 |
Balance as at 31 December 2012 (restated) |
---|---|---|
PLN ‘000 | PLN ‘000 | |
Financial instruments measured at amortized cost, including: | 142,027 | 142,891 |
- loans | 43,036 | 43,030 |
- bonds | 98,991 | 99,861 |
Total | 142,027 | 142,891 |
Balance as at 31 December 2013 |
||||
---|---|---|---|---|
Item | Par value | Interest | Maturity | Balance of subordinated liabilities |
Loans | PLN ‘000 | PLN ‘000 | ||
Poczta Polska | 43,000 | WIBOR 6M+3pp | 8 July 2016 | 43,036 |
Bonds | ||||
Quoted | 47,340 | WIBOR6M+3.75pp (by 8 July 2016) WIBOR6M+3.75pp + 1.5pp (between 9 July 2016 and 8 July 2021) |
8 July 2021 | 48,707 |
Quoted | 50,000 | WIBOR6M+3.50pp | 5 October 2022 | 50,284 |
Total | 140,340 | 142,027 |
Subordinated bonds are traded on the Over-The-Counter market of the Warsaw Stock Exchange (Catalyst).
Balance as at 31 December 2012 (restated) |
||||
---|---|---|---|---|
Item | Par value | Interest | Maturity | Balance of subordinated liabilities |
Loans | PLN ‘000 | PLN ‘000 | ||
Poczta Polska | 43,000 | WIBOR 6M+3pp | 8 July 2016 | 43,030 |
Bonds | ||||
Quoted | 47,340 | WIBOR6M+3.75pp (by 8 July 2016) WIBOR6M+3.75pp + 1.5pp (between 9 July 2016 and 8 July 2021) |
8 July 2021 | 49,255 |
Quoted | 50,000 | WIBOR6M+3.50pp | 5 October 2022 | 50,606 |
Total | 140,340 | 142,891 |
Following the approval of the Polish Financial Supervision Authority, in October 2012 the Group classified funds raised through the second issue of subordinated bonds to supplementary capital. Subordinated bonds from the first issue are traded on the Warsaw Stock Exchange bond market (Catalyst), while the second issue subordinated bonds were marketed on 20 February 2013.
Annual Report 2013 - 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