No. | Name of the company | Registered office | Date of acquisition of control/ significant influence | % of share capital/ equity directly or indirectly held by PZU | % of voting rights held directly or indirectly by PZU | Business operations | ||
---|---|---|---|---|---|---|---|---|
31 December 2014 | 31 December 2013 | 31 December 2014 | 31 December 2013 | |||||
Consolidated subsidiaries | ||||||||
1 | Powszechny Zakład Ubezpieczeń SA | Warsaw | n.a. | n.a. | n.a. | n.a. | n.a. |
Non-life insurance. http://www.pzu.pl/ |
2 | Powszechny Zakład Ubezpieczeń na Życie SA (“PZU Życie”) | Warsaw | 18.12.1991 | 100.00% | 100.00% | 100.00% | 100.00% |
Life insurance. http://www.pzu.pl/grupa-pzu/pzu-zycie |
3 | Link4 Towarzystwo Ubezpieczeń SA (“Link4”) 1) | Warsaw | 15.09.2014 | 100.00% | n.a. | 100.00% | n.a. |
Non-life insurance. http://www.link4.pl/ |
4 | Lietuvos Draudimas AB 2) | Vilnius (Lithuania) | 31.10.2014 | 99.98% | n.a. | 99.98% | n.a. |
Non-life insurance. http://www.ld.lt/ |
5 | Apdrošināšanas Akciju Sabiedrība Balta (“AAS Balta”) 3) | Riga (Latvia) | 30.06.2014 | 99.99% | n.a. | 99.99% | n.a. |
Non-life insurance. http://www.balta.lv/ |
6 | PrJSC IC PZU Ukraine (“PZU Ukraine”) | Kiev (Ukraine) | 01.07.2005 | 100.00% | 100.00% | 100.00% | 100.00% |
Non-life insurance. http://www.pzu.com.ua/ |
7 | PrJSC IC PZU Ukraine Life Insurance (“PZU Ukraine Life”) | Kiev (Ukraine) | 01.07.2005 | 100.00% | 100.00% | 100.00% | 100.00% |
Life insurance. http://www.pzu.com.ua/ |
8 | UAB DK PZU Lietuva (“PZU Lietuva”) | Vilnius (Lithuania) | 26.04.2002 | 99.88% | 99.76% | 99.88% | 99.76% |
Non-life insurance. https://www.pzu.lt/ |
9 | UAB PZU Lietuva Gyvybes Draudimas | Vilnius (Lithuania) | 26.04.2002 | 99.34% | 99.34% | 99.34% | 99.34% |
Life insurance. https://www.pzu.lt/ |
10 | Powszechne Towarzystwo Emerytalne PZU SA (“PTE PZU”) | Warsaw | 08.12.1998 | 100.00% | 100.00% | 100.00% | 100.00% |
Management of pension funds. http://www.pzu.pl/grupa-pzu/pte-pzu |
11 | PZU Centrum Operacji SA (“PZU CO”) | Warsaw | 30.11.2001 | 100.00% | 100.00% | 100.00% | 100.00% | Auxiliary activities related to insurance and pension funds. |
Consolidated subsidiaries (cont.) | ||||||||
12 | Towarzystwo Funduszy Inwestycyjnych PZU SA (“TFI PZU”) | Warsaw | 30.04.1999 | 100.00% | 100.00% | 100.00% | 100.00% | Establishment, represention and management of investment funds. http://www.pzu.pl/grupa-pzu/tfi-pzu |
13 | PZU Pomoc SA | Warsaw | 18.03.2009 | 100.00% | 100.00% | 100.00% | 100.00% | Assistance services. http://www.pzu.pl/grupa-pzu/pzu-pomoc |
14 | PZU Finance AB (publ) | Stockholm (Sweden) | 02.06.2014 | 100.00% | n.a. | 100.00% | n.a. | Financial services. |
15 | PZU Finanse Sp. z o.o. | Warsaw | 08.11.2013 | 100.00% | 100.00% | 100.00% | 100.00% | The Company does not conduct business operations. |
16 | Tower Inwestycje Sp. z o.o. (“Tower Inwestycje”) | Warsaw | 27.08.1998 | 100.00% | 100.00% | 100.00% | 100.00% | Other services excluding insurance and pension funds. |
17 | Ogrodowa-Inwestycje Sp. z o.o. | Warsaw | 15.09.2004 | 100.00% | 100.00% | 100.00% | 100.00% | Acquiring, operating, renting and selling of real property. http://www.ogrodowainwestycje.pl/ |
18 | Armatura Kraków SA 4) | Cracow | 07.10.1999 | 100.00% | 92.75% | 100.00% | 92.75% | Distribution of products of Armatura Group, administration and management of the Armatura Group. http://www.grupa-armatura.pl/ |
19 | Armatoora SA 4) | Nisko | 10.12.2008 | 100.00% | 92.75% | 100.00% | 92.75% | Production and distribution of radiators and sanitary fixtures and fittings |
20 | Armaton SA 4) | Cracow | 10.02.2009 | 100.00% | 92.75% | 100.00% | 92.75% | Use of free funds, development investments. |
21 | Arm Property sp. z o.o. 5) | Cracow | 26.11.2014 | 100.00% | n.a. | 100.00% | n.a. | Purchase and sales of property. |
22 | Armadimp SA 4) 6) | Cracow | 20.07.2012 | n.a. | 92.75% | n.a. | 92.75% | Manufacturing of ceramic sanitary fixtures. |
23 | Armagor SA 4) 7) | Cracow | 06.09.2009 | n.a. | 92.75% | n.a. | 92.75% | Manufacturing of bathroom (water and gas) and central heating fittings. |
Consolidated subsidiaries (cont.) | ||||||||
24 | PZU Zdrowie SA (previously Ipsilon Bis SA) | Warsaw | 02.09.2011 | 100.00% | 100.00% | 100.00% | 100.00% | Health care services. http://www.pzu.pl/pzu-zdrowie |
25 | Centrum Medyczne Medica sp. z o.o. (“CM Medica”) | Płock | 09.05.2014 | 100.00% | n.a. | 100.00% | n.a. | Health care services. http://cmmedica.pl/ |
26 | Specjalistyczna Przychodnia Przemysłowa Prof-Med sp. z o.o. (“Prof-Med”) | Włocławek | 12.05.2014 | 96.45% | n.a. | 96.45% | n.a. | Health care services. http://cmprofmed.pl/ |
27 | Sanatorium Uzdrowiskowe “Krystynka” sp. z o.o. (“SU Krystynka”) | Ciechocinek | 09.05.2014 | 98.58% | n.a. | 98.58% | n.a. | Hospital, rehabilitation and spa therapy services. http://www.sanatoriumkrystynka.pl/ |
28 | Przedsiębiorstwo Świadczeń Zdrowotnych i Promocji Zdrowia ELVITA – Jaworzno III sp. z o.o. ("Elvita”) | Jaworzno | 01.12.2014 | 98.82% | n.a. | 98.82% | n.a. | Health care services. http://www.elvita.pl/ |
29 | Przedsiębiorstwo Usług Medycznych PROELMED sp. z o.o. (“Proelmed”) | Łaziska Górne | 01.12.2014 | 57.00% | n.a. | 57.00% | n.a. | Health care services. http://www.proelmed.pl/ |
30 | Ipsilon Sp. z o.o. | Warsaw | 02.04.2009 | 100.00% | 100.00% | 100.00% | 100.00% | Business assistance services and health care services. |
31 | PZU Asset Management SA (“PZU AM”) | Warsaw | 12.07.2001 | 100.00% | 100.00% | 100.00% | 100.00% | Management of instruments portfolios for the account of third parties. http://www.pzu.pl/grupa-pzu/tfi-pzu/pzu-asset-managment |
32 | Międzyzakładowe Pracownicze Towarzystwo Emerytalne PZU SA in liquidation (“MPTE PZU SA”) | Warsaw | 13.08.2004 | 100.00% | 100.00% | 100.00% | 100.00% | The Company does not conduct business operations. |
33 | Omicron SA | Warsaw | 13.09.2011 | 100.00% | 100.00% | 100.00% | 100.00% | The Company does not conduct business operations. |
34 | Omicron Bis SA | Warsaw | 28.08.2014 | 100.00% | n.a. | 100.00% | n.a. | The Company does not conduct business operations. |
35 | LLC SOS Services Ukraine | Kiev (Ukraine) | 01.07.2005 | 100.00% | 100.00% | 100.00% | 100.00% | Assistance services. |
Consolidated subsidiaries (cont.) | ||||||||
36 | L4C sp. z o.o. | Warsaw | 15.09.2014 | 100.00% | n.a. | 100.00% | n.a. | The Company does not conduct business operations. |
37 | PZU SFIO Universum | Warsaw | 15.12.2009 | n.a. | n.a. | n.a. | n.a. | Investment of funds collected from the participants of the fund. |
38 | PZU FIZ Dynamiczny | Warsaw | 27.01.2010 | n.a. | n.a. | n.a. | n.a. | As above. |
39 | PZU FIZ Sektora Nieruchomości 9) | Warsaw | 01.07.2008 | n.a. | n.a. | n.a. | n.a. | As above. |
40 | PZU FIZ Sektora Nieruchomości 2 9) | Warsaw | 21.11.2011 | n.a. | n.a. | n.a. | n.a. | As above. |
41 | PZU FIZ Aktywów Niepublicznych BIS 1 | Warsaw | 12.12.2012 | n.a. | n.a. | n.a. | n.a. | As above. |
42 | PZU FIZ Aktywów Niepublicznych BIS 2 („PZU FIZ AN BIS 2”) | Warsaw | 19.11.2012 | n.a. | n.a. | n.a. | n.a. | As above. |
43 | PZU Dłużny Rynków Wschodzących | Warsaw | 20.11.2006 | n.a. | n.a. | n.a. | n.a. | As above. |
44 | PZU Akcji Rynków Wschodzących | Warsaw | 20.11.2006 | n.a. | n.a. | n.a. | n.a. | As above. |
45 | PZU Akcji Spółek Dywidendowych | Warsaw | 20.11.2006 | n.a. | n.a. | n.a. | n.a. | As above. |
46 | PZU FIZ Forte | Warsaw | 27.12.2012 | n.a. | n.a. | n.a. | n.a. | As above. |
47 | PZU FIZ Sektora Nierucho-mości 3 in liquidation 9) 10) | Warsaw | 24.02.2012 | n.a. | n.a. | n.a. | n.a. | As above. |
48 | PZU FIZ Aktywów Niepublicznych RE Income in liquidation 9) 11) | Warsaw | 08.11.2011 | n.a. | n.a. | n.a. | n.a. | As above. |
49 | PZU FIO Gotówkowy | Warsaw | 01.07.2005 | n.a. | n.a. | n.a. | n.a. | As above. |
Joint ventures | ||||||||
50 | Armatura Tower Sp. z o.o. | Cracow | 08.11.2013 | 50.00% | 50.00% | 50.00% | 50.00% | Execution of construction projects. |
Associates | ||||||||
51 | GSU Pomoc Górniczy Klub Ubezpieczonych SA | Tychy | 08.06.1999 | 30.00% | 30.00% | 30.00% | 30.00% | Insurance services. |
52 | EMC Instytut Medyczny SA 12) | Wrocław | 18.06.2013 | 28.58% | 29.87% | 25.41% | 25.31% | Health protection, R&D in medical sciences and pharmacy. |
1) Information about the acquisition of Link4 is presented in Note 2.4.5.2.
2) Information about the acquisition of Lietuvos Draudimas AB is presented in Note 2.4.5.3.
3) Information about the acquisition of AAS Balta is presented in Note 2.4.5.1.
4) Information about changing the involvement in Armatura Kraków SA is presented in Note 2.4.3.
5) Information about the establishment of Arm Property Sp. z o.o. is presented in Note 2.4.6.
6) On 31 December 2014, business combination of Armatoora SA (the acquiring entity) and Armadimp SA (the acquired entity) was registered. Additional information about is presented in Note 2.4.4.
7) On 31 December 2014, business combination of Armatura Kraków SA (the acquiring entity) and Armagor SA (the acquired entity) was registered. Additional information about is presented in Note 2.4.4.
8) On 16 October 2014, the Extraordinary General Meeting of Shareholders of MPTE PZU SA adopted a decision about the commencement of liquidation process of the company in connection with the unification of employee pension pogrammes in PZU Group and prior to the take-over of pension the programmes by investment funds managed by TFI PZU.
9) As at 31 December 2014 the funds PZU FIZ Sektora Nieruchomości, PZU FIZ Sektora Nieruchorności 2, PZU FIZ Sektora Nieruchorności 3 in liquidation, PZU FIZ Aktywów Niepublicznych RE Income in liquidation conducted investment operations through special purpose vehicles which invested in particular properties, the number of which for particular funds amounted to: 39, 13, 7, 6 (31 December 2013: 37, 8, 9, 6).
10) The net assets of PZU FIZ Sektora Nieruchomości 3 in liquidation amounted to PLN 589 thousand as at 31 December 2014.
11) The net assets of PZU FIZ Aktywów Niepublicznych RE Income in liquidation amounted to PLN 2,262 thousand as at 31 December 2014.
12) Information about changing the involvement in EMC Instytut Medyczny SA is presented in Note 2.4.2.
But for the companies listed in the table, as at 31 December 2014, PZU Group owned 100% of shares in Syta Development sp. z o.o. in liquidation that is controlled by the official receiver independent from PZU Group and, therefore, the company was not subject to consolidation. The carrying amount of these shares in the consolidated statement of financial position of PZU Group amounted to 0.