Accounting policies
Valuation and classification into categories is carried out in accordance with the principles for determining the business model and assessing the characteristics of contractual cash flows referred to in note “General accounting policies for financial instruments”.
Financial information
| CASH AND BALANCES WITH CENTRAL BANK | 31.12.2023 | 31.12.2022 |
|---|---|---|
| Current account with the Central Bank | 9,679 | 7,750 |
| Cash | 4,382 | 4,215 |
| Deposits with the Central Bank | 3,752 | 3,951 |
| Other | – | 1 |
| Total | 17,813 | 15,917 |
As at 31 December 2023, the value of the mandatory reserve was PLN 12,566 million (31 December 2022: PLN 11,482 million).