Financial assets held for trading excluding derivative financial instruments

Accounting policies

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 information

FINANCIAL ASSETS HELD FOR TRADING, EXCLUDING DERIVATIVE FINANCIAL INSTRUMENTS31.12.201731.12.2016
   
Debt securities405312
treasury bonds (in PLN)151186
treasury bonds (in foreign currencies)1386
municipal bonds (in PLN)2342
corporate bonds (in PLN)9276
corporate bonds (in foreign currencies)12
Shares in other entities - listed1911
Investment certificates, rights to shares, pre-emptive rights73
   
Total431326
   

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)31.12.201731.12.2016
   
up to 1 month920
1 to 3 months4-
3 months to 1 year4865
1 to 5 years260115
over 5 years84112
   
Total405312