The Group classifies to this category financial instruments acquired or drawn mainly for the purpose of sale or redemption in the short term, the Group’s so-called trading portfolio and instruments in the portfolio of the Brokerage House. They are measured at fair value, both on initial recognition and on subsequent valuation, and the effects of the valuation are recognized in profit or loss. The Group also recognizes derivative financial instruments as financial assets held for trading (presented in a separate note), excluding derivatives classified as cash flow hedges.
|FINANCIAL ASSETS HELD FOR TRADING, EXCLUDING DERIVATIVE FINANCIAL INSTRUMENTS||31.12.2017||31.12.2016|
|treasury bonds (in PLN)||151||186|
|treasury bonds (in foreign currencies)||138||6|
|municipal bonds (in PLN)||23||42|
|corporate bonds (in PLN)||92||76|
|corporate bonds (in foreign currencies)||1||2|
|Shares in other entities - listed||19||11|
|Investment certificates, rights to shares, pre-emptive rights||7||3|
The item “Treasury bonds in PLN and in foreign currencies” comprises bonds issued by the State Treasury of the Republic of Poland.
|DEBT SECURITIES BY MATURITY(AT CARRYING AMOUNTS)||31.12.2017||31.12.2016|
|up to 1 month||9||20|
|1 to 3 months||4||-|
|3 months to 1 year||48||65|
|1 to 5 years||260||115|
|over 5 years||84||112|