Treasury shares purchased and retained by consolidated PZU Group companies are shown at purchase price.
The “Supplementary capital” item includes:
Results of the following are posted in the “Revaluation reserve” item:
after taking into account the corresponding change in deferred tax assets or liabilities;
The item “Actuarial gains and losses related to provisions for employee benefits” includes amounts resulting from increases or decreases in the present value of the defined benefit obligation because of changes in actuarial assumptions and experience adjustments – demographic (e.g. mortality, employee turnover) and financial (e.g. discount rate or projected salary growth rate).
“Foreign exchange translation differences” include differences resulting from translation of financial data of foreign entities using exchange rates, in accordance with the rules described in section 5.6.
|Other capital||31 December 2020||31 December 2019|
|Share premium account||538||538|
|Distribution of results of PZU Group companies||15,264||12,523|
|Valuation of debt instruments measured at fair value through other comprehensive income||888||432|
|Valuation of equity instruments measured at fair value through other comprehensive income||(262)||(263)|
|Reclassification of real property from property, plant and equipment to investment property||71||77|
|Entities carried by the equity method||-||-|
|Cash flow hedging||194||48|
|Other reserve capital||295||(324)|
|Actuarial gains and losses related to provisions for employee benefits||3||1|
|Conversion FX differences||65||(41)|
|Lietuvos Draudimas AB||94||5|
|PZU Ukraine Life||(12)||(12)|
|Total other capital||17,093||13,036|