44.2 Quantitative data

Reference Areas:
Health
Investments
Banking
Best Pratices in PZU

44.2.1 Finance leases

PZU Group as a lessor

  Operating lease receivables, gross31 December 201731 December 2016
 Gross investment in the leasePresent value of minimum lease payments  Unrealized revenueGross investment in the leasePresent value of minimum lease payments  Unrealized revenue
Up to 1 year1,9171,842195776611
1 to 5 years3,2993,23823622320517
Over 5 years3513401511101
Total5,5675,42044631128129

44.2.2 Operating leases

PZU Group as a lessor

Operating leases generally include investment property lease contracts. The following table presents future minimum lease payments under non-cancellable operating leases (undiscounted amounts).

Future minimum receivables under lease payments31 December 201731 December 2016
Up to 1 year219209
1 to 5 years438442
Over 5 years213129
Total future minimum receivables under lease payments870780
 

PZU Group as a lessee

Operating lease liabilities arise mainly under service and office space lease contracts. The PZU Group has a policy of concluding contracts for a specified term of 3 or 5 years, with an extension option. The following table presents future minimum lease payments under non-cancellable operating leases (undiscounted amounts).

Liabilities under minimum operating lease payments31 December 201731 December 2016
Up to 1 year307210
1 to 5 years698321
Over 5 years5645
Total liabilities under minimum operating lease payments1,061576

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