GENERAL MEETING DRAFT - Bankier.pl

�������� � � ����� ��� ����������� ���� ����� � ���� ��
241
>> Consolidated Financial Statements
Part B – Consolidated Balance Sheet - Assets
As at December 31, 2009 Loans and receivables with banks include financial assets reclassified
following the amendments of IAS 39 and IFRS 7 issued in October 2008 for a total carrying amount of
�8,399m at December 31, 2009 and mainly consisting of Other debt instruments including Covered
Bonds and Pfandbriefe).
These assets were reclassified from items 20 Financial assets held for trading (of which �7,377m debt
securities and �711m loans) and 40 Available-for-sale financial assets (�311 million debt securities).
Loans and receivables with banks amounted to �78,269m, down by �2,558m.
In average terms 3 , the item loan to banks amounted to �88,211m in 2009 and �107,446m in 2008.
The average yield of these assets was 1.78%, down by 5.42% over the 7.20% recorded in 2008.
Deposits from banks decreased from �177,677m at end 2008 to �106,800m at December 31, 2009.
In average terms, the item deposits from banks amounted to �143,191m in 2009 and �176,336m in
2008.
The average cost was 1.55% in 2009, down by 3.80% over the 5.35% recorded in 2008.
Loans to banks / deposits from banks
(� million)
Amounts as at Change
12.31.2009 12.31.2008 Amount %
Loans to to banks 78,269 80,827 (2,558) -3.2%
Deposits from banks (106,800) (177,677) 70,877 -39.9%
Change (negative balance) (28,531) (96,850) 68,319 -70.5%
The net inter-bank position (negative balance) amounted to �28,531m at December 31, 2009 and
significantly reduced by �68,319m since the beginning of the year, due to disposals in financial portfolios
and to the reduction of loans with customers.
The decrease in Loans and receivables with banks (�2,558m) was attributable to:
� A reduction in Loans to Central Banks by �6,133m (of which �4,575m due to Compulsory
reserves);
� which was offset by an increase in Loans to Banks by �3,576m also attributable to financial
assets reclassified
3 The average balances and related ratios (yield/costs) were calculated by considering the assets/liabilities balances at the end of each quarter in 2009
and at end 2008. Loans to banks and loans to customers include total impairment losses.