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
| FINANCING RECEIVED | 31.12.2023 | 31.12.2022 |
|---|---|---|
| Loans and advances received from: | 1,489 | 2,294 |
| banks | – | 309 |
| international financial organisations | 1,478 | 1,972 |
| other financial institutions | 11 | 13 |
| Liabilities in respect of debt securities in issue: | 17,201 | 15,510 |
| bonds issued by PKO Bank Polski S.A. | 3,421 | – |
| mortgage covered bonds issued by PKO Bank Hipoteczny S.A. | 10,418 | 12,057 |
| bonds issued by PKO Bank Hipoteczny S.A. | 1,755 | 1,265 |
| bonds issued by the PKO Leasing S.A. Group | 1,607 | 2,188 |
| Subordinated liabilities | 2,774 | 2,781 |
| Total | 21,464 | 20,585 |