The table below presents the exposure of the PZU Group companies to bonds issued by treasuries other than the Polish treasury, companies and local government authorities. Financial instruments classified to portfolios held to maturity as well as loans have been presented as measured at amortized cost, while financial instruments classified as available for sale and measured at fair value through profit or loss (classified as such both upon initial recognition and held for trading) have been presented as measured at fair value.
14.5.1 Debt securities issued by treasuries other than Polish treasury
As at 31 December 2013 | Currency | Classification | Purchase price | Carrying amount | Fair value | Impair-ment loss |
---|---|---|---|---|---|---|
Croatia | EUR | At fair value | 142 | 143 | 143 | - |
Croatia | USD | At fair value | 37 855 | 36 590 | 36 590 | - |
Iceland | USD | At fair value | 88 150 | 84 365 | 84 365 | - |
Lithuania | EUR | At fair value | 1 888 | 1 992 | 1 992 | - |
Lithuania | LTL | At fair value | 3 255 | 3 351 | 3 351 | - |
Lithuania | USD | At fair value | 14 354 | 14 893 | 14 893 | - |
Lithuania | EUR | At amortized cost | 74 206 | 75 835 | 79 247 | - |
Lithuania | LTL | At amortized cost | 81 242 | 82 012 | 84 393 | - |
Latvia | USD | At fair value | 35 960 | 33 737 | 33 737 | - |
Germany | EUR | At fair value | 129 700 | 126 939 | 126 939 | - |
Romania | EUR | At fair value | 367 476 | 376 748 | 376 748 | - |
Romania | RON | At fair value | 108 132 | 108 686 | 108 686 | - |
Romania | USD | At fair value | 27 985 | 27 856 | 27 856 | - |
Slovenia | EUR | At fair value | 370 715 | 422 048 | 422 048 | - |
Slovenia | USD | At fair value | 131 869 | 127 969 | 127 969 | - |
Ukraine | USD | At fair value | 12 678 | 10 933 | 10 933 | - |
Ukraine | UAH | At amortized cost | 25 095 | 14 556 | no data | - |
Ukraine | USD | At amortized cost | 17 070 | 15 665 | no data | - |
Hungary | EUR | At fair value | 121 054 | 131 296 | 131 296 | - |
Hungary | EUR | At amortized cost | 5 124 | 5 324 | 5 420 | - |
Turkey | TRL | At fair value | 45 746 | 41 963 | 41 963 | - |
Other | EUR/USD | At fair value | 57 363 | 59 068 | 59 068 | - |
Total | 1 757 059 | 1 801 969 | n/a | - |
As at 31 December 2012 | Currency | Classification | Purchase price | Carrying amount | Fair value | Impair-ment loss | |
---|---|---|---|---|---|---|---|
Iceland | USD | At fair value | 220 577 | 227 493 | 227 493 | - | |
Lithuania | LTL | At amortized cost | 57 395 | 63 981 | 67 105 | - | |
Lithuania | EUR | At amortized cost | 39 989 | 39 909 | 43 200 | - | |
Lithuania | LTL | At fair value | 15 164 | 14 980 | 14 980 | - | |
Lithuania | EUR | At fair value | 4 455 | 4 455 | 4 455 | - | |
Germany | EUR | At fair value | 62 787 | 59 448 | 59 448 | - | |
Romania | EUR | At fair value | 340 284 | 344 041 | 344 041 | - | |
Slovenia | EUR | At fair value | 109 990 | 115 576 | 115 576 | - | |
Slovenia | USD | At fair value | 77 104 | 81 735 | 81 735 | - | |
Ukraine | UAH | At amortized cost | 17 114 | 14 090 | No data | - | |
Ukraine | USD | At amortized cost | 3 344 | 3 206 | 3 294 | - | |
Hungary | EUR | At amortized cost | 2 278 | 2 430 | 2 459 | - | |
Hungary | CHF | At fair value | 8 685 | 8 613 | 8 613 | - | |
Hungary | EUR | At fair value | 37 319 | 41 157 | 41 157 | - | |
Hungary | HUF | At fair value | 270 683 | 264 689 | 264 689 | - | |
Total | 1 267 168 | 1 285 803 | n/a | - |
All debt securities issued by governments other than the government of Poland, which have been measured at fair value or for which the fair value has been presented (classified to the portfolio held to maturity) are at Level I of the fair value hierarchy.
14.5.2 Debt securities issued by companies and local government authorities
As at 31 December 2013 | Classification | Purchase price | Carrying amount | Fair value | Impair-ment loss | |
---|---|---|---|---|---|---|
Companies from WIG – Banki | At fair value | 138 661 | 140 340 | 140 340 | - | |
At amortized cost | 1 336 121 | 1 349 381 | No data | - | ||
Companies from WIG-Paliwa | At fair value | 268 489 | 283 249 | 283 249 | - | |
At amortized cost | 700 000 | 700 816 | No data | - | ||
Domestic banks not listed | At amortized cost | 65 000 | 66 227 | No data | - | |
Foreign banks | At fair value | 552 | 634 | 634 | - | |
At amortized cost | 90 548 | 92 296 | No data | - | ||
Local authorities | At fair value | 45 632 | 54 279 | 54 279 | - | |
At amortized cost | 50 000 | 52 507 | No data | - | ||
Other | At fair value | 5 154 | 5 573 | 5 573 | - | |
At amortized cost | 23 657 | 23 835 | 22 408 | - | ||
Other impaired | At fair value | 11 630 | - | - | 11 630 | |
Foreign banks impaired | At amortized cost | 1 142 | - | - | 1 142 | |
Razem | 2 736 586 | 2 769 137 | n/a | 12 772 |
As at 31 December 2012 | Classification | Purchase price | Carrying amount | Fair value | Impair-ment loss |
---|---|---|---|---|---|
Companies from WIG – Banki | At fair value | 161 653 | 163 261 | 163 261 | - |
At amortizec cost | 954 838 | 971 931 | No data | - | |
Companies from WIG-Paliwa | At fair value | 259 390 | 275 928 | 275 928 | - |
At amortizec cost | 700 000 | 701 234 | No data | - | |
Domestic banks not listed | At amortizec cost | 65 000 | 66 866 | No data | - |
Foreign banks | At fair value | 102 | 142 | 142 | - |
At amortizec cost | 86 936 | 87 248 | No data | - | |
Local authorities | At fair value | 45 632 | 53 010 | 53 010 | - |
At amortizec cost | 50 000 | 52 509 | 54 398 | - | |
Other | At amortizec cost | 62 805 | 63 024 | No data | - |
Other impaired | At fair value | 11 630 | - | - | 11 630 |
Total | 2 397 986 | 2 435 153 | n/a | 11 630 |