13.1 Investments in subordinated entities
| As at 31.12.2014 | As at 31.12.2013 | |
|---|---|---|
| Investments in associates | 106 407 | 121 575 |
| Investments in other unconsolidated entities | 4 435 | 7 369 |
| 110 842 | 128 944 | |
| Thereof: | ||
| Non-current | 110 842 | 128 944 |
| 110 842 | 128 944 |
Movement in subordinated entities
| For the period 01.01.2014 - 31.12.2014 | For the period 01.01.2013 - 31.12.2013 | |
|---|---|---|
| Carrying amount at the beginning of the period | 128 944 | 80 132 |
| Additions, including: | 2 762 | 50 290 |
| Purchases of shares | 10 | 86 |
| Acquisitions through business combinations | - | 45 077 |
| Reclassifications | - | 20 |
| Other additions | 2 752 | 5 107 |
| Deductions, including:(-) | (20 864) | (1 478) |
| Disposals, liquidation | (2 673) | - |
| Deductions due to business combinations | (15 961) | - |
| Impairment loss | (1 045) | (1 478) |
| Other deductions | (1 185) | - |
| Carrying amount at the end of the period | 110 842 | 128 944 |
The Group holds shares in 7 individually insignificant associates, accounted for using the equity method.
The Group’s share of profit in its equity-accounted investees amounted to PLN 13 940 thousand
(2013: PLN 12 361 thousand) and in other comprehensive income to PLN 0 thousand (2013 PLN: 0 thousand). In 2014, the Group received dividends from the equity accounted investees of PLN 11 153 thousand (2013: PLN 9 154 thousand).
13.2. Available-for-sale financial assets
| As at 31.12.2014 | As at 31.12.2013 | |
|---|---|---|
| Shares in other entities | 12 371 | 31 532 |
| Other | - | 1 967 |
| 12 371 | 33 499 | |
| Thereof: | ||
| Non-current | 12 371 | 23 989 |
| Current | - | 9 510 |
| 12 371 | 33 499 |
Movement in available-for-sale financial assets
| For the period 01.01.2014 - 31.12.2014 | For the period 01.01.2013 - 31.12.2013 | |
|---|---|---|
| Carrying amount at the beginning of the period | 33 499 | 283 202 |
| Additions, including: | 22 | 21 109 |
| Purchases | - | - |
| Acquisitions through business combinations | - | 17 330 |
| Reversal of impairment loss | 22 | - |
| Remeasurement to fair value | - | 2 945 |
| Other addition | - | 834 |
| Deductions, including: (-) | (21 150) | (270 812) |
| Sales, liquidation | (20 297) | (50) |
| Reclassification to subsidiaries | - | (251 915) |
| Reclassification to associates | - | (20) |
| Impairment loss | (458) | - |
| Remeasurement to fair value | - | (18 696) |
| Other | (395) | (131) |
| Carrying amount at the end of the period | 12 371 | 33 499 |
13.3. Impairment of investments
| For the period 01.01.2014 - 31.12.2014 | For the period 01.01.2013 - 31.12.2013 | |
|---|---|---|
| Balance at the beginning of the period | 18 928 | 16 863 |
| Reversal of impairment loss in other entities | -65 | -500 |
| Recognition of impairment in unconsolidated subsidiaries | 458 | 2 565 |
| Balance at the end of the period | 19 321 | 18 928 |
13.4. Other financial assets
| As at 31.12.2014 | As at 31.12.2013 | |
|---|---|---|
| Financial instruments at fair value through profit or loss | 3 873 | 782 |
| Loans | 1 396 | 640 |
| Bank deposits for over 3 months | 81 359 | 95 943 |
| Other | 910 | - |
| 87 538 | 97 365 | |
| Thereof: | ||
| Non-current | 19 054 | 53 |
| Current | 68 484 | 97 312 |
| 87 538 | 97 365 |