A
PL

Integrated Report 2020

  • Notes
  • 23. Securities measured at amortised cost

23. Securities measured at amortised cost

XLS
 31.12.2020
Securities Gross balance
sheet value		 Allowance Net balance
sheet value
issued by local banks – mortgage bonds 5,581 (89) 5,492
issued by local banks 3,836,125 – 3,836,125
issued by other financial institutions 588,445 – 588,445
issued by governments – Treasury bonds 18,640,800 (96) 18,640,704
issued by non-financial entities – bonds 213,573 (11,818) 201,755
issued by local governments – municipal bonds 88,890 (389) 88,501
Total securities measured at amortised cost 23,373,414 (12,392) 23,361,022

 

XLS
 31.12.2019
Securities Gross balance
sheet value		 Allowance Net balance
sheet value
issued by local banks – mortgage bonds 5,231 (64) 5,167
issued by local banks 28,194 (296) 27,898
issued by governments – Treasury bonds 17,427,475 (72) 17,427,403
issued by non-financial entities – bonds 380,660 (21,691) 358,969
issued by local governments – municipal bonds 97,611 (403) 97,208
Total securities measured at amortised cost 17,939,171 (22,526) 17,916,645

 

 

XLS
31.12.2020 Stage 1 Stage 2 Stage 3 Total Including
POCI
Securities 23,180 310 4,021 189,083 23,373,414 184,928
issued by local banks – mortgage bonds 5,581 – – 5,581 –
issued by local banks 3,836,125 – – 3,836,125 –
issued by other financial institutions 588,445 – – 588,445 –
issued by governments – Treasury bonds 18,640,800 – – 18,640,800 –
issued by non-financial entities – bonds 20,469 4,021 189,083 213,573 184,928
issued by local governments – municipal bonds 88,890 – – 88,890 –
Impairment allowances on securities: (823) (446) (11,123) (12,392) (6,968)
issued by local banks – mortgage bonds (89) – – (89) –
issued by governments – Treasury bonds (96) – – (96) –
issued by non-financial entities – bonds (249) (446) (11,123) (11,818) (6,968)
issued by local governments – municipal bonds (389) – – (389) –
Total net securities measured at amortised cost 23,179,487 3,575 177,960 23,361,022 177,960

 

XLS
31.12.2019 Stage 1 Stage 2 Staga 3 Total Including
POCI
Securities 17,706,009 24,487 208,675 17,939,171 204,520
issued by local banks – mortgage bonds 5,231 – – 5,231 –
issued by local banks 28,194 – – 28,194 –
issued by governments – Treasury bonds 17,427,475 – – 17,427,475 –
issued by non-financial entities – bonds 147,498 24,487 208,675 380,660 204,520
issued by local governments – municipal bonds 97,611 – – 97,611 –
Impairment allowances on securities: (1,193) (3,619) (17,714) (22,526) (13,559)
issued by local banks – mortgage bonds (64) – – (64) –
emitowane przez banki krajowe (296) – – (296) –
issued by governments – Treasury bonds (72) – – (72) –
issued by non-financial entities – bonds (358) (3,619) (17,714) (21,691) (13,559)
issued by local governments – municipal bonds (403) – – (403) –
Total net securities measured at amortised cost 17,704,816 20,868 190,961 17,916,645 190,961

 

In accordance with the Banking Guarantee Fund (“BFG”) Act of 14 December 1994, as at 31 December 2020, BNP Paribas held Treasury bonds recognised in the statement of financial position in the amount of PLN 364,531 thousand (with the nominal value of PLN 370,000 thousand), securing the guaranteed funds under BFG (in 2019, in the amount of PLN 433,649 thousand, with the nominal value of PLN 440,000 thousand).

XLS
Change of securities measured at amortised cost based on the balance sheet value: 12 months ended
31.12.2020		 12 months ended
31.12.2019
Opening balance 17,916,645 11,939,238
Purchase of securities 5,776,975 6,290,069
Sale/repurchase of securities (507,612) (579,620)
Change in impairment allowances 10,133 (1,383)
Change on the initial value adjustment (6,576) 6,010
Change in interest due, foreign exchange differences, discounts and bonuses 171,457 267,812
Other changes – (5,481)
Closing balance 23,361,022 17,916,645

 

XLS
Change in impairment allowances of securities measured at amortised cost 12 months ended
31.12.2020		 12 months ended
31.12.2019
Opening balance 22,526 21,143
Increases due to acquisition or origination 3,867 8,220
Decreases due to derecognition (14,001) (6,837)
Closing balance 12,392 22,526

 

The gross amount of long-term securities measured at amortised cost as at 31 December 2020 was PLN 23,351,070 thousand (PLN 17,816,858 thousand as at 31 December 2019).

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