The Bank's Capital Group consists of PKO BANK POLSKI S.A. as the parent company, entities directly controlled and entities indirectly controlled by the Bank.PKO Bank Polski SA and its directly controlled entities hold jointly controlled entities and associates.
The chart below presents the structure of the Group and the Bank's subordinated companies as of 31 December 2017.
PKO Bank Polski SA
- 100*PKO Towarzystwo Funduszy Inwestycyjnych SA (investment funds management, Warsaw)
- 100*PKO BP BANKOWY PTE SA (pension funds management, Warsaw)
- 100*PKO Leasing SA (leasing services, Łódź)
- 100*PKO Leasing Nieruchomości Sp. z o.o. (real estate leasing, Warsaw)
- 100*PKO Agencja Ubezpieczeniowa Sp. z o.o. (insurance agency, Warsaw)
- 100*PKO Leasing Finanse Sp. z o.o. (storing and sale of post-leasing items, Warsaw)
- 100*PKO Leasing Sverige AB (leasing services, Stockholm, Sweden)
- --*ROOF Poland Leasing 2014 DAC1 (special purpose entity for securitization of lease receivables, Dublin, Ireland)
- 100*PKO Faktoring SA (factoring services, Warsaw)
- 100*PKO BP Finat Sp. z o.o. (services, including transfer agent services and outsourcing of IT specialists, Warsaw)
- 100*KBC Towarzystwo Funduszy Inwestycyjnych SA 2 (investment funds management, Warsaw)
- 100*Net Fund Administration Sp. z o.o. (transfer agent services and IT services, Warsaw)
- 100*PKO Życie Towarzystwo Ubezpieczeń SA (life insurance, Warsaw)
- 100*Ubezpieczeniowe Usługi Finansowe Sp. z o.o. (services, Warsaw)
- 100*PKO Towarzystwo Ubezpieczeń SA (other personal and property insurance, Warsaw)
- 100*PKO Bank Hipoteczny SA (banking activities, Gdynia)
- 100*PKO Finance AB (financial services, Stockholm, Sweden)
- 99.6293*KREDOBANK SA (banking activities, Lviv, Ukraine)
- 100*Finansowa Kompania 'Idea Kapitał' Sp. z o.o. (financial services, Lviv, Ukraine)
- 95.4676*Finansowa Kompania 'Prywatne Inwestycje' Sp. z o.o.3 (financial services, Kiev, Ukraine)
- 100*Qualia Development Sp. z o.o.4 (real estate development, Warsaw)
- 100*Qualia 3 Sp. z o.o. (general partner in limited partnerships of the Qualia 3 spółka z ograniczoną odpowiedzialnością – Neptun Park Sp. k. , Warsaw)
- 99.9975*Qualia 3 spółka z ograniczoną odpowiedzialnością - Neptun Park Sp. k. (real estate development, Warsaw)
- 100*Qualia 2 Sp. z o.o. (general partner in limited partnerships of the Qualia 2 spółka z ograniczoną odpowiedzialnością – Nowy Wilanów Sp. k., Warsaw)
- 99.9750*Qualia 2 spółka z ograniczoną odpowiedzialnością - Nowy Wilanów Sp. k. (real estate development, Warsaw)
- 100*Qualia Sp. z o.o. (general partner in limited partnerships of the Qualia spółka z ograniczoną odpowiedzialnością – Zakopane Sp. k., Warsaw)
- 99.9123*Qualia spółka z ograniczoną odpowiedzialnością - Zakopane Sp. k. (real estate development, Warsaw)
- 100*Qualia Hotel Management Sp. z o.o. (services in buildings under administration, Warsaw)
- 100*Qualia - Residence Sp. z o.o. (real estate development, Warsaw)
- 100*Sarnia Dolina Sp. z o.o. (real estate development, Warsaw)
- 51*FORT MOKOTÓW Sp. z o.o. in liquidation (Warsaw)
- 100*ZenCard Sp. z o.o. 5 (technology company engaged in IT and business support services, Warsaw)
- 100*Merkury – pa cif6 (placement of funds collected from fund members, Warsaw)
- 100*'Zarząd Majątkiem Górczewska' Sp. z o.o. (real estate management, Warsaw)
- 100*Molina Sp. z o.o. (general partner in limited joint-stock partnership entities of the Fund, Warsaw)
- 100*Molina Spółka z ograniczoną odpowiedzialnością 1 S.K.A.
(purchase and sale of real estate for own account, real estate management, Warsaw) - 100*Molina Spółka z ograniczoną odpowiedzialnością 2 S.K.A.
(purchase and sale of real estate for own account, real estate management, Warsaw) - 100*Molina Spółka z ograniczoną odpowiedzialnością 3 S.K.A.
(purchase and sale of real estate for own account, real estate management, Warsaw) - 100*Molina Spółka z ograniczoną odpowiedzialnością 4 S.K.A.
(purchase and sale of real estate for own account, real estate management, Warsaw) - 100*Molina Spółka z ograniczoną odpowiedzialnością 5 S.K.A.
(purchase and sale of real estate for own account, real estate management, Warsaw) - 100*Molina Spółka z ograniczoną odpowiedzialnością 6 S.K.A.
(purchase and sale of real estate for own account, real estate management, Warsaw) - 100*NEPTUN – pecif6 (placement of funds collected from fund members, Warsaw)
- 100*Bankowe Towarzystwo Kapitałowe SA (services, Warsaw)
- 72.9766*'CENTRUM HAFFNERA' Sp. z o.o. (subsidiaries’ real estate management, Sopot)
- 100*'Sopot Zdrój' Sp. z o.o. (real estate management, Sopot)
- 100*'Promenada Sopocka' Sp. z o.o. (rental services and real estate management, Sopot)
- 99.90*'Inter-Risk Ukraina' Additional Liability Company7 (debt collection services, Kiev, Ukraine)
* % share in equity as at 31.12.2017
- Pursuant to IFRS 10, PKO Leasing SA exercises control over the Company, even though it does not have an equity interest in the Company.
- The Company was acquired on 12 December 2017. On 28 February 2018, the change of the Company name to GAMMA Towarzystwo Funduszy Inwestycyjnych SA was registered in the National Court Register.
- The second shareholder of the Entity is ‘Inter-Risk Ukraina’ Additional Liability Company.
- In the limited partnerships belonging to the Qualia Development Group: Qualia Development Sp. z o.o. is a limited partner, while the general partner is either: Qualia Sp. z o.o., Qualia 2 Sp. z o.o. or Qualia 3 Sp. z o.o. Pursuant to the foundation deed of the said companies, a limited partner participates in the profits, losses and assets (in the cases of the partnership’s liquidation) of the limited partnership in 99.9%, while the general partner participates in 0.1%. On the list, in the item ‘share in capital’ the limited partner’s share in the value of the contributions made is presented.
- The Company was acquired on 26 January 2017.
- PKO Bank Polski SA has investment certificates of the Fund; the share of possessed investment certificates of the Fund is presented in the position ‘share in equity’.
- Finansowa Kompania ‘Prywatne Inwestycje’ Sp. z o.o. is the second shareholder of the Entity.
Joint ventures of PKO Bank Polski S.A.
- 34*Centrum Elektronicznych Usług Płatniczych eService Sp. z o.o. (activities supporting financial services, including servicing of transactions made by payment instruments, Warsaw)
- 100*EVO Payments International Sp. z o.o. (activities supporting financial services, Warsaw)
- 100*EVO Payments International s.r.o. (activities supporting financial services, Prague, Czech Republic)
Joint venture of NEPTUN – pecif
- 41.44*'Centrum Obsługi Biznesu' Sp. z o.o. (real estate management, Poznań)
* % share in equity as at 31.12.2017
Associates of PKO Bank Polski S.A.
- 25.0001*Bank Pocztowy SA (banking activities, Bydgoszcz)
- 100*Centrum Operacyjne Sp. z o.o. in liquidation1 (Bydgoszcz)
- 100*Spółka Dystrybucyjna Banku Pocztowego Sp z o.o. (intermediary financial services, Warsaw)
- 33.33*'Poznański Fundusz Poręczeń Kredytowych' Sp. z o.o. (guarantees, Poznań)
- 22.14*FERRUM SA (production of welded steel pipes, production of structural hollow section and delivering coating services, Katowice)
- 100*Zakład Konstrukcji Spawanych FERRUM SA (production of steel structures and their component, Katowice)
- 100*FERRUM MARKETING Sp. z o.o. (marketing services, Katowice)
- 100*Walcownia Rur FERRUM Sp. z o.o. . in liquidation2 (Katowice)
* % share in equity as at 31.12.2017
1. In July 2017 the Extraordinary Shareholders’ Meeting adopted a resolution to dissolving the Company.
2. In June 2017 the Shareholders’ Meeting adopted a resolution on dissolving the Company.