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Annual Report 2016

Note

Note 14.1 Investments in subordinated entities

  As at 31.12.2016 As at 31.12.2015
Investments in associates 110 578 107 603
Investments in unconsolidated entities 2 357 3 492
  112 935 111 095
Thereof:    
Non-current 112 935 111 095
  112 935 111 095

The Group holds shares in four individually insignificant associates, accounted for using the equity method.

The Group’s share of profit in its equity-accounted investees amounted to PLN 15 170 thousand
(2015: PLN 13 737 thousand) and in other comprehensive income to PLN 0 thousand (2015: PLN 0 thousand). In 2016, the Group received dividends from the equity accounted investees of PLN 12 488 thousand (2015: PLN 12 711 thousand).



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