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Annual Report 2016

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  2. Activity Of PZU Group

Activity of PZU Group

Section contains:

Non-life insurance market (PZU, LINK4 and TUW PZU)

Life insurance market (PZU Życie)

Banking activity (Alior Bank, Bank Pekao)

Investment fund market (TFI PZU)

Foreign activity

Medical services (PZU Zdrowie)

Pension funds markets (PTE PZU)

Other areas of activity

 

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  • PL PL
  • 4 Pillars

    • Who we are
    • What we do
    • What we achieved
    • Our plans
  • PZU Group in 2016
    PZU W 2016 ROKU PZU GROUP IN 2016
    • CEO letter to shareholders
    • Chairman of the supervisory board statement
    • PZU in brief
    • Summary of 2016
      • Main consolidated financial data
      • The main events in 2016
      • PZU’s activities
      • Rating
      • Selected awards and prizes
    • External environment
      • Main trends in the Polish economy
      • Financial market situation
      • Insurance sector in Poland and in the Baltic states compared with Europe
      • Regulations on the insurance and financial markets in Poland
      • External environment in the Baltic states and Ukraine
      • Macroeconomic factors which can affect the operations of the Polish insurance sector and PZU Group’s activities in 2017
  • Activity Of PZU Group
    DZIAŁALNOŚĆ ACTIVITY OF PZU GROUP
    • Structure of PZU Capital Group
    • Activity of PZU Group
      • Non-life insurance market (PZU, LINK4 and TUW PZU)
      • Life insurance market (PZU Życie)
      • Banking activity (Alior Bank, Bank Pekao)
      • Investment fund market (TFI PZU)
      • Foreign activity
      • Medical services (PZU Zdrowie)
      • Pension funds markets (PTE PZU)
      • Other areas of activity
    • Business model and human resources
      • PZU Groups’ business model
      • Business model – insurance
      • Business model – banking
      • Human resources management
      • Management of PZU Groups’ brands
  • Strategy 2020
    STRATEGIA 2020 STRATEGY 2020
    • Summary of PZU Group Strategy
    • Basic strategic assumptions
    • Core values of the strategy
    • Main strategic objectives
    • Development directions of PZU GROUP
    • Realization of key projects and initiatives in 2016
    • Key metrics of the strategy for 2016-2020
  • CSR
    CSR CSR
    • Corporate social responsibility
    • We address the needs
    • We hold our people in high esteem
    • We support the community
    • We care about the enviroment
    • Selected initiatives of social responsibility of business in other companies of PZU Group
  • Stock and investors
    GIEŁDA I INWESTORZY STOCK AND INVESTORS
    • Share and bond market
    • PZU share prices
    • PZU and Alior bank debt financing
    • Banking sector on WSE
    • PZU investor relations
    • Analysts’ recommendation for PZU shares
    • PZU Group’s capital and dividend policy
    • Rating
    • Calendar
  • Corporate governance
    ŁAD KORPORACYJNY CORPORATE GOVERNANCE
    • Corporate governance principles applied by PZU
    • Application of good practices of companies quoted on WSE
      • EBI – current reports about corporate governance
    • Application of corporate governance principles to supervised institutions
    • Control system applied during preparation of the financial statements
    • Entity authorized to audit financial statements
    • Share capital and shareholders of PZU, stock held by members of its authorities
    • By-laws of PZU
    • General Shareholders’ Meeting, Supervisory Board and Management Board
    • Remuneration of the members of the group’s bodies
    • Representations of the Management Board
  • Risk
    RYZYKO RISK
    • Risk management objective
    • Risk management system
    • Risk appetite
    • Risk management process
    • Risk profile of PZU Group
    • Sensitivity to risk
    • Reinsurance activity
    • Capital management
  • Financial results
    WYNIKI FINANSOWE FINANCIAL RESULTS
    • Consolidated financial results
      • Key factors affecting the achieved financial results
      • Income
      • Claims and technical provisions
      • Acquisition cost and administrative expenses
      • Structure of assets and liabilities
      • Share of industry segments in the result
    • Consolidated statement of profit or loss
    • Consolidated statement of comprehensive income
    • Consolidated statement of financial position
    • Statement of changes in consolidated equity
    • Consolidated cash flows statement
    • Additional information and notes
      • 1. Introduction
      • 2. Structure of PZU Group
        • 2.1 PZU
        • 2.2 PZU Group’s companies, associates and joint ventures
        • 2.3 Non-controlling interest
        • 2.4 Changes in the scope of consolidation and structure of PZU Group
        • 2.5 Additional share capital issuance by Alior Bank
      • 3. The shareholding structure
      • 4. Composition of the Management Board, Supervisory Board and Directors in the Group
        • 4.1 Composition of the parent entity’s Management Board
        • 4.2 Composition of the parent entity’s Supervisory Board
        • 4.3 Directors in the Group
      • 5. Summary of significant accounting policies
        • 5.1 Changes in accounting policies, accounting estimates and errors
        • 5.2 Consolidation principles
        • 5.3 Recognition of foreign currency transactions and balances and applied exchange rates
        • 5.4 Acquisition method
        • 5.5 Goodwill
        • 5.6 Intangible assets
        • 5.7 Property, plant and equipment
        • 5.8 Impairment of tangible fixed assets and intangible assets
        • 5.9 Costs of acquisition and deferred acquisition costs
        • 5.10 Investment property
        • 5.11 Associates and joint ventures
        • 5.12 Financial instruments
        • 5.13 Cash and cash equivalents
        • 5.14 Assets and liabilities held for sale and disposal groups
        • 5.15 Leasing
        • 5.16 Equity
        • 5.17 Insurance contracts
        • 5.18 Provisions for employee benefits
        • 5.19 Other provisions
        • 5.20 Revenue recognition
        • 5.21 Taxes
        • 5.22 Earnings per share
      • 6. Key estimates and judgments
        • 6.1 Judgments made
        • 6.2 Estimates and assumptions made
      • 7. Segment reporting
        • 7.1 Reporting segments
        • 7.2 Settlements among segments
        • 7.3 Measure of profit of a segment
        • 7.4 Polish Accounting Standards applied
        • 7.5 Simplifications in the segment note
        • 7.6 Quantitative data
        • 7.7 Information on key accounts
      • 8. Risk management
        • 8.1 Introduction
        • 8.2 Organizational structure
        • 8.3 Risk appetite, risk profile and risk tolerance
        • 8.4 Risk identification, measurement, assessment, monitoring and reporting methods
        • 8.5 Risk profile
      • 9. Capital management
      • 10. Fair value
        • 10.1 Description of valuation techniques
        • 10.2 Fair value hierarchy
        • 10.3 Reclassifications between levels of fair value hierarchy
        • 10.4 Reconciliation of the balance of recurring fair value measurement categorized within Level III of the fair value hierarchy
        • 10.5 Changes in fair value measurement of financial instruments measured at fair value
      • 11. Gross written premiums
      • 12. Revenue from commissions and fees
      • 13. Net investment income
      • 14. Net result on realization and impairment losses on investments
      • 15. Net change in the fair value of assets and liabilities measured at fair value
      • 16. Other operating income
      • 17. Insurance claims, benefits, and change in technical provisions
      • 18. Costs of commissions and fees
      • 19. Interest expense
      • 20. Acquisition costs
      • 21. Administrative expenses
      • 22. Employee expenses
      • 23. Other operating expenses
      • 24. Income tax
      • 25. Earnings per share
      • 26. Income tax presented in other comprehensive income
      • 27. Goodwill
      • 28. Intangible assets
      • 29. Other assets
      • 30. Deferred acquisition costs
      • 31. Tangible fixed assets
      • 32. Investment property
      • 33. Entities measured using the equity method
      • 34. Financial assets
        • 34.1 Financial assets held to maturity
        • 34.2 Financial assets available for sale
        • 34.3 Financial assets measured at fair value through profit or loss
        • 34.4 Loans
        • 34.5 Impairment of financial assets and receivables
      • 35. Receivables
      • 36. Cash and cash equivalents
      • 37. Assets held for sale
      • 38. Issued share capital and other equity attributable to the owners of the parent entity
        • 38.1 Share capital
        • 38.2 Other capitals
      • 39. Technical provisions
        • 39.1 Technical provisions – non-life insurance
        • 39.2 Technical provisions – life insurance
      • 40. Provisions for employee benefits
      • 41. Other provisions
      • 42. Deferred income tax
        • 42.1 Deferred tax assets
        • 42.2 Deferred tax liabilities
      • 43. Financial liabilities
        • 43.1 Subordinated liabilities
        • 43.2 Liabilities arising from the issue of own debt instruments
        • 43.3 Investment contracts
        • 43.4 Liabilities from sell-buy-back transactions
      • 44. Other liabilities
      • 45. Leasing
        • 45.2 PZU Group as a lessee
        • 45.1 PZU Group as a lessor
      • 46. Assets recognized as collateral of receivables, liabilities and contingent liabilities
        • 46.1 Financial assets recognized as collateral for granted loans
        • 46.2 Financial assets recognized as collateral of liabilities
        • 46.3 Tangible fixed assets
      • 47. Contingent assets and liabilities
        • 47.1 Loan facility, loan collateral or guarantees granted by PZU or its subsidiaries
      • 48. Litigation claims
        • 48.1 Resolution of the General Meeting of Shareholders of PZU regarding 2006 profit distribution
        • 48.2 Other demands for payment concerning the distribution of profit of PZU for 2006
        • 48.3 Other legal proceedings concerning the distribution of profit of PZU for 2006
        • 48.4 Proceeding conducted by the President of the Office of Competition and Consumer Protection ("OCCP") against PZU
        • 48.5 Proceedings conducted by the President of the Office of Competition and Consumer Protection against PZU Życie
        • 48.6 Submission of PZU claims to the insolvency estate of PBG Capital Group companies
      • 49. Related party transactions
        • 49.1 Remuneration of Members of the Management and Supervisory Board
        • 49.2 Other related party transactions
        • 49.3 Presentation of transactions with entities related to the State Treasury
      • 50. Employment
      • 51. Other information
        • 51.1 Remuneration of the entity authorized to audit financial statements
        • 51.2 Employment restructuring process
        • 51.3 Inspection and surveillance missions of PFSA
        • 51.4 Situation in Ukraine
        • 51.5 Acquisition of Bank Pekao SA
        • 51.6 Events after the financial year
© 2016 PZU Privacy Policy Online annual report 2015 Annual report 2016 – PDF
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4 Pillars
Who we are
What we do
What we achieved
Our plans
PZU Group in 2016
CEO letter to shareholders
Chairman of the supervisory board statement
PZU in brief
Summary of 2016
Main consolidated financial data
The main events in 2016
PZU’s activities
Rating
Selected awards and prizes
External environment
Main trends in the Polish economy
Financial market situation
Insurance sector in Poland and in the Baltic states compared with Europe
Regulations on the insurance and financial markets in Poland
External environment in the Baltic states and Ukraine
Macroeconomic factors which can affect the operations of the Polish insurance sector and PZU Group’s activities in 2017
Activity Of PZU Group
Structure of PZU Capital Group
Activity of PZU Group
Non-life insurance market (PZU, LINK4 and TUW PZU)
Life insurance market (PZU Życie)
Banking activity (Alior Bank, Bank Pekao)
Investment fund market (TFI PZU)
Foreign activity
Medical services (PZU Zdrowie)
Pension funds markets (PTE PZU)
Other areas of activity
Business model and human resources
PZU Groups’ business model
Business model – insurance
Business model – banking
Human resources management
Management of PZU Groups’ brands
Strategy 2020
Summary of PZU Group Strategy
Basic strategic assumptions
Core values of the strategy
Main strategic objectives
Development directions of PZU GROUP
Realization of key projects and initiatives in 2016
Key metrics of the strategy for 2016-2020
CSR
Corporate social responsibility
We address the needs
We hold our people in high esteem
We support the community
We care about the enviroment
Selected initiatives of social responsibility of business in other companies of PZU Group
Stock and investors
Share and bond market
PZU share prices
PZU and Alior bank debt financing
Banking sector on WSE
PZU investor relations
Analysts’ recommendation for PZU shares
PZU Group’s capital and dividend policy
Rating
Calendar
Corporate governance
Corporate governance principles applied by PZU
Application of good practices of companies quoted on WSE
EBI – current reports about corporate governance
Application of corporate governance principles to supervised institutions
Control system applied during preparation of the financial statements
Entity authorized to audit financial statements
Share capital and shareholders of PZU, stock held by members of its authorities
By-laws of PZU
General Shareholders’ Meeting, Supervisory Board and Management Board
Remuneration of the members of the group’s bodies
Representations of the Management Board
Risk
Risk management objective
Risk management system
Risk appetite
Risk management process
Risk profile of PZU Group
Sensitivity to risk
Reinsurance activity
Capital management
Financial results
Consolidated financial results
Key factors affecting the achieved financial results
Income
Claims and technical provisions
Acquisition cost and administrative expenses
Structure of assets and liabilities
Share of industry segments in the result
Consolidated statement of profit or loss
Consolidated statement of comprehensive income
Consolidated statement of financial position
Statement of changes in consolidated equity
Consolidated cash flows statement
Additional information and notes
1. Introduction
2. Structure of PZU Group
2.1 PZU
2.2 PZU Group’s companies, associates and joint ventures
2.3 Non-controlling interest
2.4 Changes in the scope of consolidation and structure of PZU Group
2.5 Additional share capital issuance by Alior Bank
3. The shareholding structure
4. Composition of the Management Board, Supervisory Board and Directors in the Group
4.1 Composition of the parent entity’s Management Board
4.2 Composition of the parent entity’s Supervisory Board
4.3 Directors in the Group
5. Summary of significant accounting policies
5.1 Changes in accounting policies, accounting estimates and errors
5.2 Consolidation principles
5.3 Recognition of foreign currency transactions and balances and applied exchange rates
5.4 Acquisition method
5.5 Goodwill
5.6 Intangible assets
5.7 Property, plant and equipment
5.8 Impairment of tangible fixed assets and intangible assets
5.9 Costs of acquisition and deferred acquisition costs
5.10 Investment property
5.11 Associates and joint ventures
5.12 Financial instruments
5.13 Cash and cash equivalents
5.14 Assets and liabilities held for sale and disposal groups
5.15 Leasing
5.16 Equity
5.17 Insurance contracts
5.18 Provisions for employee benefits
5.19 Other provisions
5.20 Revenue recognition
5.21 Taxes
5.22 Earnings per share
6. Key estimates and judgments
6.1 Judgments made
6.2 Estimates and assumptions made
7. Segment reporting
7.1 Reporting segments
7.2 Settlements among segments
7.3 Measure of profit of a segment
7.4 Polish Accounting Standards applied
7.5 Simplifications in the segment note
7.6 Quantitative data
7.7 Information on key accounts
8. Risk management
8.1 Introduction
8.2 Organizational structure
8.3 Risk appetite, risk profile and risk tolerance
8.4 Risk identification, measurement, assessment, monitoring and reporting methods
8.5 Risk profile
9. Capital management
10. Fair value
10.1 Description of valuation techniques
10.2 Fair value hierarchy
10.3 Reclassifications between levels of fair value hierarchy
10.4 Reconciliation of the balance of recurring fair value measurement categorized within Level III of the fair value hierarchy
10.5 Changes in fair value measurement of financial instruments measured at fair value
11. Gross written premiums
12. Revenue from commissions and fees
13. Net investment income
14. Net result on realization and impairment losses on investments
15. Net change in the fair value of assets and liabilities measured at fair value
16. Other operating income
17. Insurance claims, benefits, and change in technical provisions
18. Costs of commissions and fees
19. Interest expense
20. Acquisition costs
21. Administrative expenses
22. Employee expenses
23. Other operating expenses
24. Income tax
25. Earnings per share
26. Income tax presented in other comprehensive income
27. Goodwill
28. Intangible assets
29. Other assets
30. Deferred acquisition costs
31. Tangible fixed assets
32. Investment property
33. Entities measured using the equity method
34. Financial assets
34.1 Financial assets held to maturity
34.2 Financial assets available for sale
34.3 Financial assets measured at fair value through profit or loss
34.4 Loans
34.5 Impairment of financial assets and receivables
35. Receivables
36. Cash and cash equivalents
37. Assets held for sale
38. Issued share capital and other equity attributable to the owners of the parent entity
38.1 Share capital
38.2 Other capitals
39. Technical provisions
39.1 Technical provisions – non-life insurance
39.2 Technical provisions – life insurance
40. Provisions for employee benefits
41. Other provisions
42. Deferred income tax
42.1 Deferred tax assets
42.2 Deferred tax liabilities
43. Financial liabilities
43.1 Subordinated liabilities
43.2 Liabilities arising from the issue of own debt instruments
43.3 Investment contracts
43.4 Liabilities from sell-buy-back transactions
44. Other liabilities
45. Leasing
45.1 PZU Group as a lessor
45.2 PZU Group as a lessee
46. Assets recognized as collateral of receivables, liabilities and contingent liabilities
46.1 Financial assets recognized as collateral for granted loans
46.2 Financial assets recognized as collateral of liabilities
46.3 Tangible fixed assets
47. Contingent assets and liabilities
47.1 Loan facility, loan collateral or guarantees granted by PZU or its subsidiaries
48. Litigation claims
48.1 Resolution of the General Meeting of Shareholders of PZU regarding 2006 profit distribution
48.2 Other demands for payment concerning the distribution of profit of PZU for 2006
48.3 Other legal proceedings concerning the distribution of profit of PZU for 2006
48.4 Proceeding conducted by the President of the Office of Competition and Consumer Protection ("OCCP") against PZU
48.5 Proceedings conducted by the President of the Office of Competition and Consumer Protection against PZU Życie
48.6 Submission of PZU claims to the insolvency estate of PBG Capital Group companies
49. Related party transactions
49.1 Remuneration of Members of the Management and Supervisory Board
49.2 Other related party transactions
49.3 Presentation of transactions with entities related to the State Treasury
50. Employment
51. Other information
51.1 Remuneration of the entity authorized to audit financial statements
51.2 Employment restructuring process
51.3 Inspection and surveillance missions of PFSA
51.4 Situation in Ukraine
51.5 Acquisition of Bank Pekao SA
51.6 Events after the financial year
  • EN EN
  • PL PL

Search form

Full interactive chart Full analyzer
  • 4 Pillars
    • Who we are
    • What we do
    • What we achieved
    • Our plans
  • PZU Group in 2016
    • CEO letter to shareholders
    • Chairman of the supervisory board statement
    • PZU in brief
    • Summary of 2016
      • Main consolidated financial data
      • The main events in 2016
      • PZU’s activities
      • Rating
      • Selected awards and prizes
    • External environment
      • Main trends in the Polish economy
      • Financial market situation
      • Insurance sector in Poland and in the Baltic states compared with Europe
      • Regulations on the insurance and financial markets in Poland
      • External environment in the Baltic states and Ukraine
      • Macroeconomic factors which can affect the operations of the Polish insurance sector and PZU Group’s activities in 2017
  • Activity Of PZU Group
    • Structure of PZU Capital Group
    • Activity of PZU Group
      • Non-life insurance market (PZU, LINK4 and TUW PZU)
      • Life insurance market (PZU Życie)
      • Banking activity (Alior Bank, Bank Pekao)
      • Investment fund market (TFI PZU)
      • Foreign activity
      • Medical services (PZU Zdrowie)
      • Pension funds markets (PTE PZU)
      • Other areas of activity
    • Business model and human resources
      • PZU Groups’ business model
      • Business model – insurance
      • Business model – banking
      • Human resources management
      • Management of PZU Groups’ brands
  • Strategy 2020
    • Summary of PZU Group Strategy
    • Basic strategic assumptions
    • Core values of the strategy
    • Main strategic objectives
    • Development directions of PZU GROUP
    • Realization of key projects and initiatives in 2016
    • Key metrics of the strategy for 2016-2020
  • CSR
    • Corporate social responsibility
    • We address the needs
    • We hold our people in high esteem
    • We support the community
    • We care about the enviroment
    • Selected initiatives of social responsibility of business in other companies of PZU Group
  • Stock and investors
    • Share and bond market
    • PZU share prices
    • PZU and Alior bank debt financing
    • Banking sector on WSE
    • PZU investor relations
    • Analysts’ recommendation for PZU shares
    • PZU Group’s capital and dividend policy
    • Rating
    • Calendar
  • Corporate governance
    • Corporate governance principles applied by PZU
    • Application of good practices of companies quoted on WSE
      • EBI – current reports about corporate governance
    • Application of corporate governance principles to supervised institutions
    • Control system applied during preparation of the financial statements
    • Entity authorized to audit financial statements
    • Share capital and shareholders of PZU, stock held by members of its authorities
    • By-laws of PZU
    • General Shareholders’ Meeting, Supervisory Board and Management Board
    • Remuneration of the members of the group’s bodies
    • Representations of the Management Board
  • Risk
    • Risk management objective
    • Risk management system
    • Risk appetite
    • Risk management process
    • Risk profile of PZU Group
    • Sensitivity to risk
    • Reinsurance activity
    • Capital management
  • Financial results
    • Consolidated financial results
      • Key factors affecting the achieved financial results
      • Income
      • Claims and technical provisions
      • Acquisition cost and administrative expenses
      • Structure of assets and liabilities
      • Share of industry segments in the result
    • Consolidated statement of profit or loss
    • Consolidated statement of comprehensive income
    • Consolidated statement of financial position
    • Statement of changes in consolidated equity
    • Consolidated cash flows statement
    • Additional information and notes
      • 1. Introduction
      • 2. Structure of PZU Group
        • 2.1 PZU
        • 2.2 PZU Group’s companies, associates and joint ventures
        • 2.3 Non-controlling interest
        • 2.4 Changes in the scope of consolidation and structure of PZU Group
        • 2.5 Additional share capital issuance by Alior Bank
      • 3. The shareholding structure
      • 4. Composition of the Management Board, Supervisory Board and Directors in the Group
        • 4.1 Composition of the parent entity’s Management Board
        • 4.2 Composition of the parent entity’s Supervisory Board
        • 4.3 Directors in the Group
      • 5. Summary of significant accounting policies
        • 5.1 Changes in accounting policies, accounting estimates and errors
        • 5.2 Consolidation principles
        • 5.3 Recognition of foreign currency transactions and balances and applied exchange rates
        • 5.4 Acquisition method
        • 5.5 Goodwill
        • 5.6 Intangible assets
        • 5.7 Property, plant and equipment
        • 5.8 Impairment of tangible fixed assets and intangible assets
        • 5.9 Costs of acquisition and deferred acquisition costs
        • 5.10 Investment property
        • 5.11 Associates and joint ventures
        • 5.12 Financial instruments
        • 5.13 Cash and cash equivalents
        • 5.14 Assets and liabilities held for sale and disposal groups
        • 5.15 Leasing
        • 5.16 Equity
        • 5.17 Insurance contracts
        • 5.18 Provisions for employee benefits
        • 5.19 Other provisions
        • 5.20 Revenue recognition
        • 5.21 Taxes
        • 5.22 Earnings per share
      • 6. Key estimates and judgments
        • 6.1 Judgments made
        • 6.2 Estimates and assumptions made
      • 7. Segment reporting
        • 7.1 Reporting segments
        • 7.2 Settlements among segments
        • 7.3 Measure of profit of a segment
        • 7.4 Polish Accounting Standards applied
        • 7.5 Simplifications in the segment note
        • 7.6 Quantitative data
        • 7.7 Information on key accounts
      • 8. Risk management
        • 8.1 Introduction
        • 8.2 Organizational structure
        • 8.3 Risk appetite, risk profile and risk tolerance
        • 8.4 Risk identification, measurement, assessment, monitoring and reporting methods
        • 8.5 Risk profile
      • 9. Capital management
      • 10. Fair value
        • 10.1 Description of valuation techniques
        • 10.2 Fair value hierarchy
        • 10.3 Reclassifications between levels of fair value hierarchy
        • 10.4 Reconciliation of the balance of recurring fair value measurement categorized within Level III of the fair value hierarchy
        • 10.5 Changes in fair value measurement of financial instruments measured at fair value
      • 11. Gross written premiums
      • 12. Revenue from commissions and fees
      • 13. Net investment income
      • 14. Net result on realization and impairment losses on investments
      • 15. Net change in the fair value of assets and liabilities measured at fair value
      • 16. Other operating income
      • 17. Insurance claims, benefits, and change in technical provisions
      • 18. Costs of commissions and fees
      • 19. Interest expense
      • 20. Acquisition costs
      • 21. Administrative expenses
      • 22. Employee expenses
      • 23. Other operating expenses
      • 24. Income tax
      • 25. Earnings per share
      • 26. Income tax presented in other comprehensive income
      • 27. Goodwill
      • 28. Intangible assets
      • 29. Other assets
      • 30. Deferred acquisition costs
      • 31. Tangible fixed assets
      • 32. Investment property
      • 33. Entities measured using the equity method
      • 34. Financial assets
        • 34.1 Financial assets held to maturity
        • 34.2 Financial assets available for sale
        • 34.3 Financial assets measured at fair value through profit or loss
        • 34.4 Loans
        • 34.5 Impairment of financial assets and receivables
      • 35. Receivables
      • 36. Cash and cash equivalents
      • 37. Assets held for sale
      • 38. Issued share capital and other equity attributable to the owners of the parent entity
        • 38.1 Share capital
        • 38.2 Other capitals
      • 39. Technical provisions
        • 39.1 Technical provisions – non-life insurance
        • 39.2 Technical provisions – life insurance
      • 40. Provisions for employee benefits
      • 41. Other provisions
      • 42. Deferred income tax
        • 42.1 Deferred tax assets
        • 42.2 Deferred tax liabilities
      • 43. Financial liabilities
        • 43.1 Subordinated liabilities
        • 43.2 Liabilities arising from the issue of own debt instruments
        • 43.3 Investment contracts
        • 43.4 Liabilities from sell-buy-back transactions
      • 44. Other liabilities
      • 45. Leasing
        • 45.1 PZU Group as a lessor
        • 45.2 PZU Group as a lessee
      • 46. Assets recognized as collateral of receivables, liabilities and contingent liabilities
        • 46.1 Financial assets recognized as collateral for granted loans
        • 46.2 Financial assets recognized as collateral of liabilities
        • 46.3 Tangible fixed assets
      • 47. Contingent assets and liabilities
        • 47.1 Loan facility, loan collateral or guarantees granted by PZU or its subsidiaries
      • 48. Litigation claims
        • 48.1 Resolution of the General Meeting of Shareholders of PZU regarding 2006 profit distribution
        • 48.2 Other demands for payment concerning the distribution of profit of PZU for 2006
        • 48.3 Other legal proceedings concerning the distribution of profit of PZU for 2006
        • 48.4 Proceeding conducted by the President of the Office of Competition and Consumer Protection ("OCCP") against PZU
        • 48.5 Proceedings conducted by the President of the Office of Competition and Consumer Protection against PZU Życie
        • 48.6 Submission of PZU claims to the insolvency estate of PBG Capital Group companies
      • 49. Related party transactions
        • 49.1 Remuneration of Members of the Management and Supervisory Board
        • 49.2 Other related party transactions
        • 49.3 Presentation of transactions with entities related to the State Treasury
      • 50. Employment
      • 51. Other information
        • 51.1 Remuneration of the entity authorized to audit financial statements
        • 51.2 Employment restructuring process
        • 51.3 Inspection and surveillance missions of PFSA
        • 51.4 Situation in Ukraine
        • 51.5 Acquisition of Bank Pekao SA
        • 51.6 Events after the financial year

Investor Relations Team

e-mail: IR@pzu.pl

Piotr Wiśniewski, Head of IR, tel. +48 (22) 582 26 23

Aleksandra Jakima-Moskwa, tel. +48 (22) 582 26 17

Janusz Krystosiak, tel. +48 (22) 582 27 83

Piotr Wąsiewicz, tel. +48 (22) 582 41 95

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Non-life insurance market (PZU, LINK4 and TUW PZU)