44. Other liabilities - Annual Report PKO BP 2023

Accounting policies

Valuation and classification of other liabilities into categories is carried out in accordance with the principles referred to in note “General accounting policies for financial instruments”.

Other financial liabilities included in this item are measured at amounts due which cover potential interest on the liabilities, and the accrual for future payments in reliably estimated, justified amounts necessary to meet the present obligation as at the end of the reporting period.

Other non-financial liabilities are measured in accordance with the measurement policies binding for particular types of liabilities recognized in this item.

Financial information

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OTHER LIABILITIES	31.12.2023	31.12.2022*
Other financial liabilities	6,084	4,385
Costs to be paid	812	781
Interbank settlements	1,011	868
Liabilities arising from investing activities and internal operations	395	134
Amounts due to suppliers	231	205
Liabilities and settlements in respect of trading in securities	745	354
Settlement of financial instruments	68	40
liabilities in respect of foreign exchange activities	721	762
Liabilities in respect of payment cards	980	315
Lease liabilities	1,088	896
Other	33	30
Other non-financial liabilities	4,923	2,625
Deferred income	620	560
Dividend payable to shareholders	1,600	–
Liability in respect of tax on certain financial institutions	111	105
Liabilities in respect of a contribution to the Bank Guarantee Fund maintained in the form of payment obligations	847	847
to the Resolution Fund	461	461
to the Bank Guarantee Fund	386	386
Liabilities under the public law	1,057	478
Commitments relating to the reimbursement of principal and interest instalments paid by customers on invalidated mortgage loan agreements in convertible currencies	165	132
Other	523	503
Total	11,007	7,010

* The comparative figures for 2022 have been adjusted by PLN 4 million for the implementation of IFRS 17 "Insurance Contracts" (patrz nota „IFRS 17 Insurance Contracts”).

The item “Liabilities in respect of contributions to the Bank Guarantee Fund” includes an obligation to pay contributions to the BGF (see note “Assets pledged to secure liabilities and financial assets transferred”).