Navigation Map Download our best practices

Interactive navigation is a tool that goes beyond the standard navigation of the integrated content (available in the report drop-down bar). New approach allowed to navigate in the two additional business dimensions of the PZU Group, i.e .:
- strategy (insurance, health, investments, finances);
- sustainable development (sales, employees, social responsibility, natural environment and ethics).
The above-mentioned areas were additionally supplemented with related GRI indicators, within each selected issue.
Employees
Society
Ethics
Environment
Products
Overview
Health
Banks
Investments
Insurance

31.2 Quantitative data

Annual Report 2018 > RESULTS 2018 > Supplementary Information and Notes > 31. Investment property > 31.2 Quantitative data
INTEGRATED
NAVIGATION
Reference areas Ref. areas
Insurance
Health
Investments
Banking
Best Pratices in PZU
COMPARE
PAGE TOOLS
INTEGRATED
NAVIGATION

Movement in investment property 1 January – 31 December 2018 1 January – 31 December 2017 (restated)
Net carrying amount at the beginning of the period 2,355 1,738
Additions (by virtue of): 154 920
- purchase 139 63
- change in composition of the Group - 27
- transfers from owner-occupied property 15 -
- transfers from held for sale categories under IFRS 5 - 830
Reductions (by virtue of): (842) (201)
- sale and liquidation (2) (5)
- transfers to owner-occupied property - (157)
- transfers to held for sale categories under IFRS 5 (831) (39)
- other (9) -
Gain (loss) on remeasurement to fair value 30 (101)
- through profit or loss 26 (101)
- through other comprehensive income 4 -
Foreign exchange differences - (1)
Net carrying amount at the end of the period, including 1,697 2,355
- buildings and structures 1,571 2,199
- own land 122 152
- perpetual usufruct right to land and cooperative ownership right to premises 4 4

The item “Perpetual usufruct of land” contains the right to use land for up to 99 years. This right may be traded.

The item “transfers from owner-occupied property” contains the value of properties at their carrying amounts (historical cost less accumulated depreciation and impairment losses) as at the date of transfer, which is the date of the change of use.

The fair value of investment property results from valuations by independent appraisers conducted mainly in 2018.

 

Facebook Facebook Twitter Twitter Linkedin Linkedin All