19. Investment Financial Assets
19a. Investment financial assets available for sale

Scrollbar is
below the table
31.12.2016 | 31.12.2015 | |
---|---|---|
Debt securities | 17 092 257 | 13 647 734 |
Issued by State Treasury | 14 289 633 | 9 375 707 |
a) bills | 0 | 0 |
b) bonds | 14 289 633 | 9 375 707 |
Issued by Central Bank | 2 669 700 | 4 198 776 |
a) bills | 2 669 700 | 4 198 776 |
b) bonds | 0 | 0 |
Other securities | 132 924 | 73 251 |
a) listed | 79 236 | 0 |
b) not listed | 53 688 | 73 251 |
Shares and interests in other entities | 42 890 | 226 586 |
Other financial instruments | 200 | 0 |
Total financial assets available for sale | 17 135 347 | 13 874 320 |
Available for sale instruments listed on the active market | 14 369 148 | 9 375 959 |
Available for sale instruments not listed on the active market | 2 766 199 | 4 498 361 |
Shares and interests in other entities include investments in equity instruments that do not have a quoted market price in an active market and whose fair value cannot be reliably measured which value amounted to as at 31.12.2016 and 31.12.2015 PLN 18,166 thousand and PLN 13,259 thousand, respectively. Due to the nature of those instruments, the variability in the range of reasonable fair value measurements is significant and probabilities of the various estimates within the range cannot be reasonably assessed. Currently the Group does not intend to dispose of these investments.
19b. Debt securities available for sale

Scrollbar is
below the table
31.12.2016 | 31.12.2015 | |
---|---|---|
– with fixed interest rate | 10 943 139 | 10 107 323 |
– with variable interest rate | 6 149 118 | 3 540 411 |
Total | 17 092 257 | 13 647 734 |
19c. Debt securities available for sale by maturity

Scrollbar is
below the table
31.12.2016 | 31.12.2015 | |
---|---|---|
– to 1 month | 3 442 191 | 4 544 850 |
– above 1 month to 3 months | 1 008 | 0 |
– above 3 months to 1 year | 2 627 700 | 1 560 316 |
– above 1 year to 5 years | 10 890 037 | 6 843 247 |
– above 5 years | 131 321 | 699 321 |
Total | 17 092 257 | 13 647 734 |
19d. Change of investment financial assets available for sale

Scrollbar is
below the table
01.01.2016 – 31.12.2016 | 01.01.2015 – 31.12.2015 | |
---|---|---|
Balance at the beginning of the period | 13 874 320 | 9 249 537 |
Increases (purchase and accrual of interest and discount) | 105 520 580 | 221 526 337 |
Reductions (sale and redemption) | (101 963 022) | (217 082 909) |
Difference from measurement at fair value | (296 608) | 181 370 |
Impairment write-offs | 70 | (15) |
Other | 7 | 0 |
Balance at the end of the period | 17 135 347 | 13 874 320 |
19e. Investments in related entities

Scrollbar is
below the table
31.12.2016 | 31.12.2015 | |
---|---|---|
Investments in associates | 0 | 1 378 |
19f. Change of investments in related entities

Scrollbar is
below the table
01.01.2016 – 31.12.2016 | 01.01.2015 – 31.12.2015 | |
---|---|---|
Balance at the beginning of the period | 1 378 | 2 762 |
– sale | 0 | 0 |
– equity method valuation | (1 378) | (1 385) |
Balance at the end of the period | 0 | 1 378 |