Annual
report 2020
Annual
report 2020
Liabilities arising from financing activities are liabilities for which cash flows were, or future cash flows will be, classified in the consolidated statement of cash flows as cash flows from financing activities. The tables below present the reconciliation of the Group’s liabilities arising from financing activities and derivatives (liabilities less assets) hedging these liabilities: Previous topic Next topic
(in PLN millions)
Lease liabilities
Loans from related party Note 20
Other financial liabilities at amortised cost
Derivatives hedging liabilities from financing activities(1) Note 23
Total liabilities from financing activities
Amount outstanding as at 1 January 2020 (restated,
see Note 2.2)2,572
6,442
69
18
9,101
Net cash flows provided by:
(489)
(632)
(49)
(79)
(1,249)
− financing activities
(421)
(520)
(48)
–
(989)
− operating activities(2)
(68)
(112)
(1)
(79)
(260)
Non-cash changes:
621
180
1
83
885
− foreign exchange (gains)/losses
54
68
–
(77)
45
− fair value change, excluding foreign exchange gains
–
–
–
160
160
− other changes
567(3)
112(4)
1(4)
–
680
Amount outstanding as at 31 December 2020
2,704
5,99
21
22
8,737
(1) Includes derivatives economically hedging liabilities from financing activities.
(2) Includes interest paid.
(3) Includes mainly recognition of new contracts and modification of existing contracts.
(4) Includes accrued interest and arrangement fees.
(in PLN millions)
Lease liabilities
Loans from related party Note 20
Other financial liabilities at amortised cost
Derivatives hedging liabilities from financing activities(1) Note 23
Total liabilities from financing activities
Amount outstanding as at 1 January 2019 (restated,
see Note 2.2)2,142
7,332
21
(50)
9,445
Net cash flows provided by:
(407)
(1,046)
43
(16)
(1,426)
− financing activities
(361)
(887)
44
58
(1,146)
− operating activities(2)
(46)
(159)
(1)
(74)
(280)
Non-cash changes:
837
156
5
84
1,082
− foreign exchange (gains)/losses
(7)
(4)
–
4
(7)
− fair value change, excluding foreign exchange losses
–
–
–
80
80
− other changes
844(3)
160(4)
5(4)
–
1,009
Amount outstanding as at 31 December 2019 (restated)
2,572
6,442
69
18
9,101
(1) Includes derivatives economically hedging liabilities from financing activities.
(2) Includes interest paid.
(3) Includes mainly recognition of new contracts and modification of existing contracts.
(4) Includes accrued interest and arrangement fees.
20. Loans from related party
22. Cash and cash equivalents