Cash and cash equivalents include in particular cash at bank and in hand and short-term deposits with original maturity of up to three months.
Cash is recognized at face value. At the end of the reporting period, the face value of cash deposited in bank accounts includes also accrued bank interest or interest calculated by the entity itself.
Unpaid overdraft facilities that constitute an integral part of cash management are classified as „Cash and cash equivalents” for the purposes of statement of cash flows. In the statement of financial position, such facilities are presented in debt liabilities.
Total cash and cash equivalents presented in the statement of financial position, of which:
1 237 952
restricted cash, including:
collateral of settlements with Izba Rozliczeniowa Giełd Towarowych S.A.
bank accounts related to subsidies received
cash on VAT bank accounts (split payment)
Total cash and cash equivalents presented in the statement of cash flows
1 203 601
The difference between the balance of cash presented in the statement of financial position and the one in the statement of cash flows results from overdrafts, cash pool loans granted by entities not subject to consolidation due to the overall immateriality and exchange gains and losses on measurement of cash on currency accounts.