The following currency exchange rates have been adopted herein to translate data of foreign controlled entities:
Currency exchange rates adopted to translate financial data of foreign controlled entities | 1 January – 31 December 2013 | 31 December 2013 | 1 January – 31 December 2012 | 31 December 2012 |
---|---|---|---|---|
LTL | 1.2196 | 1.2011 | 1.2087 | 1.1840 |
UAH | 00.3886 | 00.3706 | 00.4001 | 00.3825 |
The rates are:
- average rates of the National Bank of Poland ruling as at the balance sheet date – for the statement of financial position;
- rates determined as the arithmetic mean of the rates published by the National Bank of Poland, ruling as at the last day of each month of a given period - for the income statement, statement of comprehensive income and statement of cash flows.