43. Assets held for sale

Assets held for sale before reclassification31 December 201431 December 2013
Groups held for sale 188,747 -
Assets 440,761 -
Intangible assets 4,745 -
Tangible assets 6,864 -
Financial assets 342,639 -
Receivables, including insurance receivables 32,106 -
Reinsurers’ share in technical provisions 19,864 -
Estimated subrogations 6,988 -
Deferred tax assets 1,591 -
Deferred acquisition costs 15,399 -
Accruals 2,216 -
Other assets 2 -
Cash and cash equivalents 8,347 -
Libilities directly associated with assets held for sale 252,014 -
Technical provisions 215,057 -
Provisions for employee benefits 1,464 -
Other liabilities 28,721 -
Accruals and deferred income 6,772 -
Other assets held for sale 165,849 178,897
Tangible assets 51,534 55,786
Investment property 114,315 123,111
Assets and asset groups held for sale 606,610 178,897
Liabilities directly associated with assets qualified as held for sale 252,014 -

The item "Groups held for sale" include assets and liabilities of PZU Lietuva, which will be sold in a transaction described in Note 59.9.1. The sale price of PZU Lietuva shares is higher than the value of the net assets held for sale, that is why they have not been revaluated to fair value less the sale costs.

“Investment property” presents property held by PZU and PZU Życie for sale as part of the portfolio optimalization project.