Note 13.1 Investments in subordinated entities
| As at 31.12.2015 |
As at 31.12.2014 |
|
|---|---|---|
| Investments in associates | 107 603 | 106 407 |
| Investments in unconsolidated entities | 3 492 | 4 435 |
| 111 095 | 110 842 | |
| Thereof: | ||
| Non-current | 111 095 | 110 842 |
| 111 095 | 110 842 |
Movement in subordinated entities
| For the period 01.01.2015 – 31.12.2015 |
For the period 01.01.2014 – 31.12.2014 |
|
|---|---|---|
| Carrying amount at the beginning of the period | 110 842 | 128 944 |
| Additions, including: | 2 254 | 2 762 |
| Purchases of shares | 839 | 10 |
| Other additions | 1 415 | 2 752 |
| Deductions, including:(-) | (2 001) | (20 864) |
| Disposals, liquidation | (1 767) | (2 673) |
| Deductions due to business combinations | – | (15 961) |
| Reclassification | (15) | – |
| Impairment loss | – | (1 045) |
| Other deductions | (219) | (1 185) |
| Carrying amount at the end of the period | 111 095 | 110 842 |
The Group holds shares in 5 individually insignificant associates, accounted for using the equity method.
The Group’s share of profit in its equity-accounted investees amounted to PLN 13 737 thousand
(2014: PLN 13 940 thousand) and in other comprehensive income to PLN 0 thousand (2014 PLN: 0 thousand). In 2015, the Group received dividends from the equity accounted investees of PLN 12 711 thousand (2014: PLN 11 153 thousand).
