Group’s structure
[2-2] Pursuant to the International Financial Reporting Standards (IFRS) as at 31 December 2022 the Bank’s Group comprised PKO Bank Polski S.A. as the parent and 36 direct or indirect subsidiaries (at all levels). All the subsidiaries were disclosed in the consolidated financial data pursuant to IFRS 10, “Consolidated financial statements”.
The list presents the share of PKO Bank Polski S.A. in the company’s share capital, and in the case of funds – share of the fund’s investment certificates held. All subsidiaries listed in the Consolidated financial statements of the PKO Bank Polski S.A. Group for the year ended 31 December 2022 (hereinafter: financial statements of the Bank’s Group for 2022) are accounted for using the acquisition accounting method.
A full list of the Bank’s subsidiaries, associates and joint ventures is presented in the 2022 financial statements of the Bank’s Group (Note 1).
Key changes in the structure of the PKO Bank Polski S.A. Group
In 2022, the following events occurred in the structure of the Group.
- liquidation of ROOF Poland Leasing 2014 (an entity from the PKO Leasing S.A. portfolio) was completed,
- liquidation of Molina spółka z ograniczoną odpowiedzialnością 5 S.K.A. w likwidacji (in liquidation) (an entity from the Merkury fiz an portfolio) was completed.
The aforementioned companies ceased to be members of the PKO Bank Polski S.A. Group.
In December 2022, the Extraordinary General Shareholders’ Meeting of the companies: Molina spółka z ograniczoną odpowiedzialnością 2 S.K.A and Molina spółka z ograniczoną odpowiedzialnością 4 S.K.A (entities in the Mercury fiz an portfolio) resolved to put the companies into liquidation. The changes were entered in the National Court Register in January 2023.