Significant influence over EMC was assumed through a business combination carried out in stages, as referred to in Par. 41 and 42 of IFRS 3. The PZU Group entities held EMC shares prior to the acquisition date. In accordance with Par. 42, the fair value of EMC shares held by the consolidated PZU Group entities served as the basis for accounting for the acquisition of EMC.
If new information concerning the facts and circumstances at the acquisition date was obtained, which, if known, could have an effect on measurement of the amounts recognized as at the aforementioned date, the amounts related to the accounting for acquisition of EMC shares, as presented below, could change. In accordance with IFRS 3, the measurement period should not exceed one year of the acquisition date.
| Accounting for the acquisition of EMC shares | Acquisition I | Acquisition II | Acquisition III | Total |
|---|---|---|---|---|
| Number of shares measured using the equity method | 1 296 636 | 617 745 | 572 887 | 2 487 268 |
| Total number of EMC shares | 8 327 214 | 8 327 214 | 8 327 214 | 8 327 214 |
| Share in the total number of EMC shares | 15.5710% | 7.4184% | 6.8797% | 29.8691% |
| Fair value of EMC shares measured using the equity method (stock market valuation) | 24 519 | 12 414 | 11 504 | 48 437 |
| Net assets of EMC | 65 266 | 65 266 | 65 646 | |
| - including goodwill recognized in EMC’s accounting records | 1 151 | 1 151 | 1 151 | |
| Adjusted net assets | 64 115 | 64 115 | 64 495 | |
| Share in adjusted net assets | 9 983 | 4 756 | 4 437 | 19 176 |
| Goodwill | 14 536 | 7 658 | 7 067 | 29 261 |