44. Related party transactions

Transactions of the parent company with associates and joint ventures valued with the equity method

All transactions with joint ventures and associates presented below were arm’s length transactions. Repayment terms are within a range from one month to fifteen years.

31 December 2014

EntityReceivablesof which loansLiabilitiesOff-balance sheet liabilities granted
Direct joint ventures 
  Centrum Elektronicznych Usług Płatniczych eService Sp. z o.o. 23,390 - 57,008 5,000
  ‘Centrum Obsługi Biznesu’ Sp. z o.o. 28,852 28,852 12,022 -
Direct associates
  Bank Pocztowy SA  -   -  299 941
  ‘Poznański Fundusz Poręczeń Kredytowych’ Sp. z o.o.  -   -  966
Indirect associates
  Centrum Operacyjne Sp. z o.o.  -   -  2
Total 52,242 28,852 70,297 5,941

EntityTotal incomeof which interest and fee and commissionTotal expenseof which interest and fee and commission
Direct joint ventures
Centrum Elektronicznych Usług Płatniczych eService Sp. z o.o. 68,725 67,548 111,183 110,971
‘Centrum Obsługi Biznesu’ Sp. z o.o. 872 872 213 213
Direct associates
Bank Pocztowy SA 575 51 746  - 
‘Poznański Fundusz Poręczeń Kredytowych’ Sp. z o.o. 2 2 163 163
Indirect associates
Centrum Operacyjne Sp. z o.o. 3 3  -   - 
Total 70,177 68,476 112,305 111,347

31 December 2013

EntityReceivablesof which loansLiabilitiesOff-balance sheet liabilities granted
Direct joint ventures
Centrum Elektronicznych Usług Płatniczych eService Sp. z o.o. 1,100 - 50,551 5,000
‘CENTRUM HAFFNERA’ Sp. z o.o. - - 1,234 -
‘Centrum Obsługi Biznesu’ Sp. z o.o. 29,463 29,463 16,066 -
Indirect joint ventures 
‘Centrum Majkowskiego’ Sp. z o.o. in liquidation - - 38 -
‘Promenada Sopocka’ Sp. z o.o. 44,377 44,377 4,811 -
‘Sopot Zdrój’ Sp. z o.o. 219,698 219,698 - -
Direct associates
Bank Pocztowy SA 6 - 1,003 2,374
‘Poznański Fundusz Poręczeń Kredytowych’ Sp. z o.o. - - 12,555 -
Indirect associates
Centrum Operacyjne Sp. z o.o. - - 11 -
Total 294,644 293,538 86,269 7,374

 

EntityTotal incomeof which interest and fee and commissionTotal expenseof which interest and fee and commission
Direct joint ventures
Centrum Elektronicznych Usług Płatniczych eService Sp. z o.o. 33,535 32,798 112,864 105,379
‘CENTRUM HAFFNERA’ Sp. z o.o. 7 7  -   - 
‘Centrum Obsługi Biznesu’ Sp. z o.o. 905 905 352 352
Indirect joint ventures
‘Centrum Majkowskiego’ Sp. z o.o. in liquidation 6 6  -   - 
‘Promenada Sopocka’ Sp. z o.o. 1,000 1,000 32 32
‘Sopot Zdrój’ Sp. z o.o. 4,847 4,847 84 84
‘Kamienica Morska’ Sp. z o.o. in liquidation 6 6  -   - 
Direct associates
Bank Pocztowy SA 63 56 1,835  - 
‘Poznański Fundusz Poręczeń Kredytowych’ Sp. z o.o. 2 2 724 724
Indirect associates
Centrum Operacyjne Sp. z o.o. 3 3  -   - 
Total 40,374 39,630 115,891 106,571

Spółka Dystrybucyjna Banku Pocztowego Sp. z o.o. was not presented in the table due to lack of intercompany transactions with the Bank.