| Loan receivables from clients measured at amortized cost | 1 January – 31 December 2022 | 1 January – 31 December 2021 | ||||||||
| Basket 1 | Basket 2 | Basket 3 | POCI | Total | Basket 1 | Basket 2 | Basket 3 | POCI | Total | |
| Gross carrying amount | ||||||||||
| Beginning of the period | 182 578 | 28 470 | 11 239 | 5 307 | 227 594 | 163 118 | 28 238 | 12 044 | 5 473 | 208 873 |
| Recognition of instruments at the time of acquisition, creation, granting | 55 905 | – | – | 176 | 56 081 | 58 460 | – | – | 8 | 58 468 |
| Changes attributable to valuation, sale, exclusion or expiration of the instrument | (47 257) | (4 277) | (1 887) | (624) | (54 045) | (40 618) | (4 955) | (2 570) | (1 132) | (49 275) |
| Change attributable to modification of cash flows concerning the given instrument | (4) | (1) | – | – | (5) | (2) | (1) | – | – | (3) |
| Assets from the statement of financial position | – | – | (2 354) | (31) | (2 385) | – | – | (1 678) | (57) | (1 735) |
| Reclassification to basket 1 | 11 229 | (10 965) | (264) | – | – | 7 958 | (7 665) | (293) | – | – |
| Reclassification to basket 2 | (13 819) | 14 206 | (387) | – | – | (15 055) | 15 127 | (72) | – | – |
| Reclassification to basket 3 | (2 303) | (3 221) | 5 524 | – | – | (1 374) | (2 167) | 3 541 | – | – |
| Change in the composition of the Group | – | – | – | – | – | 11 131 | – | – | 1 058 | 12 189 |
| Other changes, including foreign exchange differences | (971) | (77) | 296 | 326 | (426) | (1 040) | (107) | 267 | (43) | (923) |
| End of the period | 185 358 | 24 135 | 12 167 | 5 154 | 226 814 | 182 578 | 28 470 | 11 239 | 5 307 | 227 594 |
| Expected credit losses | ||||||||||
| Beginning of the period | (1 067) | (1 798) | (6 321) | (3 806) | (12 992) | (909) | (1 876) | (6 413) | (4 048) | (13 246) |
| Establishment of allowances for newly acquired, created, granted instruments | (666) | – | – | (47) | (713) | (839) | – | – | (3) | (842) |
| Changes attributable to valuation, credit risk level, sale, exclusion or expiration of the instrument, excluding reclassification | 469 | (500) | (3 147) | 750 | (2 428) | 927 | (395) | (1 202) | 306 | (364) |
| Assets from the statement of financial position | – | – | 2 354 | 31 | 2 385 | – | – | 1 678 | 57 | 1 735 |
| Reclassification to basket 1 | (599) | 481 | 118 | – | – | (495) | 360 | 135 | – | – |
| Reclassification to basket 2 | 148 | (327) | 179 | – | – | 157 | (161) | 4 | – | – |
| Reclassification to basket 3 | 233 | 420 | (653) | – | – | 111 | 372 | (483) | – | – |
| Other changes, including foreign exchange differences | (136) | (319) | 160 | (516) | (811) | (19) | (98) | (40) | (118) | (275) |
| End of the period | (1 618) | (2 043) | (7 310) | (3 588) | (14 559) | (1 067) | (1 798) | (6 321) | (3 806) | (12 992) |
| Net carrying amount at the end of the period | 183 740 | 22 092 | 4 857 | 1 566 | 212 255 | 181 511 | 26 672 | 4 918 | 1 501 | 214 602 |
In connection with the entry into force of KNF’s “Recommendation R on principles for the classification of credit exposures, estimation and recognition of expected credit losses and management of credit risk” as of 1 January 2022, the PZU Group modified the criteria for identifying POCI assets, resulting in the identification of new POCI assets and as a result restating of comparative data in terms of the gross value of loans and advances to clients measured at amortized cost and the value of the allowance for expected credit losses on these loans (presentation changes between Basket 3 and POCI assets). The change had no effect on the total net amount of loan receivables from clients.
| Loan receivables from clients measured at fair value through other comprehensive income | 1 January – 31 December 2022 | 1 January – 31 December 2021 | ||||||||
| Basket 1 | Basket 2 | Basket 3 | POCI | Total | Basket 1 | Basket 2 | Basket 3 | POCI | Total | |
| Carrying amount | ||||||||||
| Beginning of the period | 115 | 131 | – | – | 246 | 720 | 755 | – | – | 1 475 |
| Recognition of instruments at the time of acquisition, creation, granting | 151 | – | – | – | 151 | – | – | – | – | – |
| Change in measurement | 2 | – | – | – | 2 | – | – | – | – | – |
| Changes attributable to sale, exclusion or expiration of the instrument | (8) | (132) | – | – | (140) | (601) | (622) | – | – | (1 223) |
| Other changes | (6) | 1 | – | – | (5) | (4) | (2) | – | – | (6) |
| End of the period | 254 | – | – | – | 254 | 115 | 131 | – | – | 246 |
| Expected credit losses | ||||||||||
| Beginning of the period | (2) | (2) | – | – | (4) | (4) | (22) | – | – | (26) |
| Establishment of allowances for newly acquired, created, granted instruments | (2) | – | – | – | (2) | – | – | – | – | – |
| Changes attributable to valuation or credit risk level (excluding reclassification) | – | – | – | – | – | (2) | 2 | – | – | – |
| Changes attributable to sale, exclusion or expiration of the instrument | – | 2 | – | – | 2 | 4 | 19 | – | – | 23 |
| Other changes | – | – | – | – | – | – | (1) | – | – | (1) |
| End of the period | (4) | – | – | – | (4) | (2) | (2) | – | – | (4) |
The allowance pertaining to loan receivables from clients measured at fair value through other comprehensive income is recognized in revaluation reserve and it does not lower the carrying amount of assets.
| Debt investment financial assets measured at amortized cost | 1 January – 31 December 2022 | 1 January – 31 December 2021 | ||||||||
| Basket 1 | Basket 2 | Basket 3 | POCI | Total | Basket 1 | Basket 2 | Basket 3 | POCI | Total | |
| Gross carrying amount | ||||||||||
| Beginning of the period | 73 897 | 354 | 35 | 39 | 74 325 | 57 850 | 73 | 34 | – | 57 957 |
| Recognition of instruments at the time of acquisition, creation, granting | 35 051 | – | – | – | 35 051 | 26 513 | – | – | – | 26 513 |
| Change in measurement | 1 032 | 1 | – | – | 1 033 | 802 | – | 1 | – | 803 |
| Changes attributable to sale, exclusion or expiration of the instrument | (19 088) | (264) | – | – | (19 352) | (11 476) | (8) | – | – | (11 484) |
| Assets from the statement of financial position | – | – | (13) | – | (13) | – | – | (1) | – | (1) |
| Reclassification to basket 1 | 80 | (80) | – | – | – | – | – | – | – | – |
| Reclassification to basket 2 | (238) | 238 | – | – | – | (288) | 288 | – | – | – |
| Change in the composition of the Group | – | – | – | – | – | 15 | – | – | 40 | 55 |
| Other changes, including foreign exchange differences | 781 | (13) | 2 | 24 | 794 | 481 | 1 | 1 | (1) | 482 |
| End of the period | 91 515 | 236 | 24 | 63 | 91 838 | 73 897 | 354 | 35 | 39 | 74 325 |
| Expected credit losses | ||||||||||
| Beginning of the period | (69) | (8) | (35) | (30) | (142) | (50) | (2) | (34) | – | (86) |
| Establishment of allowances for newly acquired, created, granted instruments | (21) | – | – | – | (21) | (39) | – | – | – | (39) |
| Changes attributable to valuation or credit risk level (excluding reclassification) | (28) | 1 | – | – | (27) | 9 | 1 | – | – | 10 |
| Changes attributable to sale, exclusion or expiration of the instrument | 3 | 5 | – | – | 8 | 4 | – | – | – | 4 |
| Assets from the statement of financial position | – | – | 13 | – | 13 | – | – | 1 | – | 1 |
| Reclassification to basket 1 | – | – | – | – | – | – | – | – | – | – |
| Reclassification to basket 2 | 28 | (28) | – | – | – | 7 | (7) | – | – | – |
| Other changes, including foreign exchange differences | – | 2 | (2) | (23) | (23) | – | – | (2) | (30) | (32) |
| End of the period | (87) | (28) | (24) | (53) | (192) | (69) | (8) | (35) | (30) | (142) |
|
Net carrying amount at the end of the period |
91 428 | 208 | – | 10 | 91 646 | 73 828 | 346 | – | 9 | 74 183 |
| Debt investment financial assets measured at fair value through other comprehensive income | 1 January – 31 December 2022 | 1 January – 31 December 2021 | ||||||||
| Basket 1 | Basket 2 | Basket 3 | POCI | Total | Basket 1 | Basket 2 | Basket 3 | POCI | Total | |
| Carrying amount | ||||||||||
| Beginning of the period | 44 788 | 251 | – | – | 45 039 | 63 387 | 256 | – | – | 63 643 |
| Recognition of instruments at the time of acquisition, creation, granting | 213 353 | – | – | – | 213 353 | 297 955 | 4 | – | – | 297 959 |
| Change in measurement | (1 313) | 17 | – | – | (1 296) | (445) | (10) | – | – | (455) |
| Changes attributable to sale, exclusion or expiration of the instrument | (219 013) | (45) | – | – | (219 058) | (315 883) | (93) | – | – | (315 976) |
| Reclassification to basket 1 | 26 | (26) | – | – | – | – | – | – | – | – |
| Reclassification to basket 2 | (36) | 36 | – | – | – | (94) | 94 | – | – | – |
| Change in the composition of the Group | – | – | – | – | – | 313 | – | – | – | 313 |
| Other changes, including foreign exchange differences | 914 | 4 | – | – | 918 | (445) | – | – | – | (445) |
| End of the period | 38 719 | 237 | – | – | 38 956 | 44 788 | 251 | – | – | 45 039 |
| Expected credit losses | ||||||||||
| Beginning of the period | (54) | (26) | – | – | (80) | (68) | (13) | – | – | (81) |
| Establishment of allowances for newly acquired, created, granted instruments | (2) | – | – | – | (2) | (19) | – | – | – | (19) |
| Changes attributable to valuation or credit risk level (excluding reclassification) | 1 | 7 | – | – | 8 | 12 | (12) | – | – | – |
| Changes attributable to sale, exclusion or expiration of the instrument | 8 | – | – | – | 8 | 20 | – | – | – | 20 |
| Reclassification to basket 1 | – | – | – | – | – | – | – | – | – | – |
| Reclassification to basket 2 | 2 | (2) | – | – | – | 1 | (1) | – | – | – |
| End of the period | (45) | (21) | – | – | (66) | (54) | (26) | – | – | (80) |
The allowance pertaining to debt investment financial assets measured at fair value through other comprehensive income is recognized in revaluation reserve and it does not lower the carrying amount of assets.
The value of allowances for expected credit losses on buy-sell-back transactions is zero.
| Term deposits with credit institutions | 1 January – 31 December 2022 | 1 January – 31 December 2021 | ||||||||
| Basket 1 | Basket 2 | Basket 3 | POCI | Total | Basket 1 | Basket 2 | Basket 3 | POCI | Total | |
| Gross carrying amount | ||||||||||
| Beginning of the period | 1 385 | – | – | – | 1 385 | 953 | – | – | – | 953 |
| Recognition of instruments at the time of acquisition, creation, granting | 35 834 | – | – | – | 35 834 | 33 091 | – | – | – | 33 091 |
| Change in measurement | 7 | 1 | – | – | 8 | 2 | – | – | – | 2 |
| Changes attributable to sale, exclusion or expiration of the instrument | (34 057) | (71) | – | – | (34 128) | (32 810) | – | – | – | (32 810) |
| Reclassification to basket 2 | (238) | 238 | – | – | – | – | – | – | – | – |
| Reclassification to basket 3 | (128) | (9) | 137 | – | – | – | – | – | – | – |
| Change in the composition of the Group | – | – | – | – | – | 161 | – | – | – | 161 |
| Other changes, including foreign exchange differences | 11 | (19) | (1) | – | (9) | (12) | – | – | – | (12) |
| End of the period | 2 814 | 140 | 136 | – | 3 090 | 1 385 | – | – | – | 1 385 |
| Expected credit losses | ||||||||||
| Beginning of the period | (1) | – | – | – | (1) | (1) | – | – | – | (1) |
| Establishment of allowances for newly acquired, created, granted instruments | (17) | – | – | – | (17) | (2) | – | – | – | (2) |
| Changes attributable to valuation or credit risk level (excluding reclassification) | (20) | 12 | (2) | – | (10) | (4) | – | – | – | (4) |
| Changes attributable to sale, exclusion or expiration of the instrument | 1 | 3 | – | – | 4 | – | – | – | – | – |
| Reclassification to basket 2 | 37 | (37) | – | – | – | – | – | – | – | – |
| Reclassification to basket 3 | 1 | 9 | (10) | – | – | – | – | – | – | – |
| Other changes | (2) | 2 | 2 | – | 2 | 6 | – | – | – | 6 |
| End of the period | (1) | (11) | (10) | – | (22) | (1) | – | – | – | (1) |
| Net carrying amount at the end of the period | 2 813 | 129 | 126 | – | 3 068 | 1 384 | – | – | – | 1 384 |
| Loans | 1 January – 31 December 2022 | 1 January – 31 December 2021 | ||||||||
| Basket 1 | Basket 2 | Basket 3 | POCI | Total | Basket 1 | Basket 2 | Basket 3 | POCI | Total | |
| Gross carrying amount | ||||||||||
| Beginning of the period | 3 522 | 75 | – | – | 3 597 | 3 318 | 79 | – | – | 3 397 |
| Recognition of instruments at the time of acquisition, creation, granting | 1 068 | – | – | – | 1 068 | 1 418 | – | – | – | 1 418 |
| Change in measurement | 72 | 3 | – | – | 75 | (10) | 2 | – | – | (8) |
| Changes attributable to sale, exclusion or expiration of the instrument | (436) | (4) | – | – | (440) | (1 204) | (6) | – | – | (1 210) |
| Reclassification to basket 1 | 74 | (74) | – | – | – | – | – | – | – | – |
| End of the period | 4 300 | – | – | – | 4 300 | 3 522 | 75 | – | – | 3 597 |
| Expected credit losses | ||||||||||
| Beginning of the period | (5) | (6) | – | – | (11) | (7) | (6) | – | – | (13) |
| Establishment of allowances for newly acquired, created, granted instruments | (8) | – | – | – | (8) | (1) | – | – | – | (1) |
| Changes attributable to valuation or credit risk level (excluding reclassification) | (19) | 5 | – | – | (14) | 1 | – | – | – | 1 |
| Changes attributable to sale, exclusion or expiration of the instrument | 2 | – | – | – | 2 | 2 | – | – | – | 2 |
| Reclassification to basket 1 | (1) | 1 | – | – | – | – | – | – | – | – |
| End of the period | (31) | – | – | – | (31) | (5) | (6) | – | – | (11) |
| Net carrying amount at the end of the period | 4 269 | – | – | – | 4 269 | 3 517 | 69 | – | – | 3 586 |
| Receivables | 1 January – 31 December 2022 | 1 January – 31 December 2021 |
| Gross carrying amount | ||
| Beginning of the period | 10 575 | 7 333 |
| Changes in the period | 3 243 | 3 242 |
| End of the period | 13 818 | 10 575 |
| Expected credit losses | ||
| Beginning of the period | (1 157) | (1 087) |
| Changes in the period | (19) | (70) |
| End of the period | (1 176) | (1 157) |
| Net carrying amount at the end of the period | 12 642 | 9 418 |