57. Contractual cash flows from the group’s financial liabilities, including derivative financial instruments
57. Contractual cash flows from the group’s financial liabilities, including derivative financial instruments
PKO Annual Report Online 2020
Contractual cash flows from the financial liabilities, excluding derivative financial instruments
The amounts disclosed comprise non-discounted future cash flows, both in respect of the principal and interest (if applicable), in accordance with the contract, for the entire period to the date of the liability’s maturity. Where the party to whom the Group has a liability is able to select the settlement deadline, it has been assumed that the earliest date on which the Group is obliged to settle the liability shall be taken into account. Where the Group is obliged to settle the liabilities in instalments, each instalment is allocated to the earliest period in which the Group might be obligated to settle. In the case of liabilities where instalment amounts are not fixed, the terms binding as at the reporting date have been adopted.
CONTRACTUAL CASH FLOWS FROM THE GROUP’S FINANCIAL LIABILITIES, EXCLUDING DERIVATIVE FINANCIAL INSTRUMENTS
Up to 1 month inclusive
Over 1 month to 3 months inclusive
Over 3 months to 1 year inclusive
Over 1 year to 5 years inclusive
Over 5 years
Contractual amount
Carrying amount
31.12.2019
Amounts due to banks
2 124
16
271
–
–
2 411
2 135
Amounts due to customers
197 828
17 260
29 592
4 267
10 521
259 468
256 170
Loans and advances received
3
–
520
2 297
–
2 820
2 779
Liabilities in respect of insurance activities
–
–
525
1 252
–
1 777
1 777
Debt securities in issue
914
797
2 769
27 267
811
32 558
31 148
Subordinated liabilities
–
45
45
473
2 913
3 476
2 730
Lease liabilities
19
37
155
495
411
1 117
894
Other financial liabilities
2 323
–
–
–
–
2 323
2 323
Total
203 211
18 155
33 877
36 051
14 656
305 950
299 956
Off-balance sheet liabilities:
financing granted
15 936
3 567
15 086
12 000
8 779
55 368
–
guarantees granted
161
1 653
5 185
3 176
1 335
11 510
–
Contractual cash flows from liabilities in respect of derivative financial instruments for which the valuation as at the balance sheet date was negative (a liability) and which are settled on a gross basis
The amounts disclosed comprise non-discounted future cash flows, both in respect of principal and interest (if applicable).
CONTRACTUAL CASH FLOWS FROM DERIVATIVE FINANCIAL INSTRUMENTS FOR WHICH THE VALUATION AS AT THE BALANCE SHEET DATE WAS NEGATIVE AND WHICH ARE SETTLED ON A GROSS BASIS
CONTRACTUAL CASH FLOWS FROM DERIVATIVE FINANCIAL INSTRUMENTS FOR WHICH THE VALUATION AS AT THE BALANCE SHEET DATE WAS NEGATIVE AND WHICH ARE SETTLED ON A GROSS BASIS
Up to 1 month inclusive
Over 1 month to 3 months inclusive
Over 3 months to 1 year inclusive
Over 1 year to 5 years inclusive
Over 5 years
Contractual amount
31.12.2019
outflows (principal and interest)
(8 643)
(3 819)
(6 265)
(5 696)
(370)
(24 793)
inflows (principal and interest)
8 915
3 848
7 379
5 686
838
26 666
Contractual cash flows from liabilities in respect of derivative financial instruments for which the valuation as at the balance sheet date was negative (a liability) and which are settled on a net basis
In the case of IRS and NDF transactions, non-discounted future net cash flows in respect of interest and principal have been presented and in the case of the remaining derivative instruments settled on a net basis, the amount of the valuation as at 31 December 2020 and as at 31 December 2019, respectively, was adopted as the cash flow amount.
CONTRACTUAL CASH FLOWS FROM DERIVATIVE FINANCIAL INSTRUMENTS FOR WHICH THE VALUATION AS AT THE BALANCE SHEET DATE WAS NEGATIVE AND WHICH ARE SETTLED ON A NET BASIS
CONTRACTUAL CASH FLOWS FROM DERIVATIVE FINANCIAL INSTRUMENTS FOR WHICH THE VALUATION AS AT THE BALANCE SHEET DATE WAS NEGATIVE AND WHICH ARE SETTLED ON A NET BASIS