19. Investment Financial Assets

19a. Investment financial assets available for sale
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
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
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
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
31.12.2016 31.12.2015
Investments in associates 0 1 378
19f. Change of investments in related entities
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
Previous page 18. Loans and Advances to Customers
Next page 20. Receivables from Securities Bought with Sell-back Clause