| Changes in deferred tax liability in the year ended 31 December 2013 | Opening balance | Changes recognized in the financial profit/loss | Changes recognized in other comprehe-nsive income | Changes in the consolidation scope | Other changes | Closing balance |
|---|
| Financial instruments |
358 165 |
(68 666) |
(42 802) |
(544) |
759 |
246 912 |
|---|
| Recourse receivables |
(3 706) |
1 307 |
- |
- |
- |
(2 399) |
|---|
| Real property |
29 609 |
(18 394) |
3 185 |
(1 129) |
- |
13 271 |
|---|
| Deferred acquisition costs |
110 752 |
(46) |
- |
- |
- |
110 706 |
|---|
Accrued revenue and reinsurance costs |
(21 208) |
1 176 |
- |
- |
- |
(20 032) |
|---|
| Provisions for jubilee bonuses, retirement severance pay etc. |
(13 856) |
(444) |
- |
- |
- |
(14 300) |
|---|
| Provision for bonuses and appropriation to the bonus fund |
(41 488) |
1 663 |
- |
(1 374) |
- |
(41 199) |
|---|
| Provisions for employee vacation |
(5 680) |
(1 385) |
- |
(134) |
- |
(7 199) |
|---|
| Outstanding liabilities to natural persons (under personal service contracts, agency contracts etc.) |
(41 074) |
(11 307) |
- |
(8) |
- |
(52 389) |
|---|
| Other provisions and accruals |
(107 977) |
(864) |
- |
733 |
- |
(108 108) |
|---|
| Prevention Fund |
15 326 |
16 071 |
- |
- |
- |
31 397 |
|---|
| Equalization reserve |
110 915 |
1 201 |
- |
- |
- |
112 116 |
|---|
| Other differences |
(32 221) |
19 018 |
- |
(246) |
72 |
(13 377) |
|---|
| Total deferred tax liability |
357 557 |
(60 670) |
(39 617) |
(2 702) |
831 |
255 399 |
|---|
| Changes in deferred tax liability in the year ended 31 December 2012 | Opening balance | Changes recognized in the financial profit/loss | Changes recognized in other comprehensive income | Reclassification from deferred tax assets | Closing balance |
|---|
| Financial instruments |
66 546 |
271 561 |
20 058 |
- |
358 165 |
|---|
| Recourse receivables |
(6 982) |
3 276 |
- |
- |
(3 706) |
|---|
| Real property |
12 560 |
5 256 |
3 951 |
7 842 |
29 609 |
|---|
| Deferred acquisition costs |
105 999 |
4 753 |
- |
- |
110 752 |
|---|
| Deferred acquisition costs relating to PZU OPF |
(917) |
1 986 |
- |
- |
1 069 |
|---|
| Accrued revenue and reinsurance costs |
(10 771) |
(10 437) |
- |
- |
(21 208) |
|---|
| Provisions for jubilee bonuses, retirement severance pay etc. |
(50 169) |
36 652 |
- |
(339) |
(13 856) |
|---|
| Provision for bonuses and appropriation to the bonus fund |
(40 859) |
684 |
- |
(1 313) |
(41 488) |
|---|
| Provisions for employee vacation |
(5 000) |
(680) |
- |
- |
(5 680) |
|---|
| Outstanding liabilities to natural persons (under personal service contracts, agency contracts etc.) |
(35 802) |
(4 950) |
- |
(322) |
(41 074) |
|---|
| Other provisions and accruals |
(95 468) |
(11 924) |
- |
(585) |
(107 977) |
|---|
| Prevention Fund |
13 103 |
2 223 |
- |
- |
15 326 |
|---|
| Equalization reserve |
111 872 |
(957) |
- |
- |
110 915 |
|---|
| Life insurance technical provisions |
76 434 |
(76 434) |
- |
- |
- |
|---|
| Provision for restructuring expenses |
(21 462) |
10 405 |
- |
- |
(11 057) |
|---|
| Other differences |
(9 368) |
(12 865) |
- |
- |
(22 233) |
|---|
| Total deferred tax liability |
109 716 |
218 549 |
24 009 |
5 283 |
357 557 |
|---|
Offsetting of deferred tax assets and liabilities in companies included in TCG is described in section 19.
