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Financial Statements of Bank Gospodarstwa Krajowego Prepared in Accordance with IFRS for the Financial Year from 1 January to 31 December 2018
Financial statements of Bank Gospodarstwa Krajowego prepared in accordance with IFRS for the financial year from 1 January to 31 December 2018 The above Financial Statements of Bank Gospodarstwa Krajowego is a translation from the original Polish version. In case of any discrepancies between the Polish and English version, the Polish version shall prevail. Warsaw, 15 April 2019 Financial statements of Bank Gospodarstwa Krajowego prepared in accordance with IFRS for the financial year from 1 January to 31 December 2018 (in PLN thousand) Selected financial data on financial statements The selected financial data specified below constitutes additional information to the financial statements of BGK for 2018. in PLN thousand in EUR thousand For the period For the period For the period For the period from 1 Jan 2018 from 1 Jan 2017 from 1 Jan 2018 from 1 Jan 2017 to 31 Dec 2018 to 31 Dec 2017 to 31 Dec 2018 to 31 Dec 2017 Net interest income 882,835 773,077 206,903 182,128 Net fee and commission income 190,379 156,774 44,618 36,934 Operating result 519,462 606,203 121,742 142,814 Profit before tax 519,462 606,203 121,742 142,814 Net profit 445,347 517,813 104,372 121,990 Net comprehensive income 386,624 950,041 90,610 223,818 Cash flows from operating activities 25,262,104 -1,429,555 5,920,482 -336,786 Cash flows from investing activities -3,467,675 -693,011 -812,692 -163,265 Cash flows from financing activities -1,213,038 1,772,758 -284,290 417,640 Net cash flows 20,581,391 -349,808 4,823,500 -82,411 in PLN thousand in EUR thousand As at As -
Ex-Post Study of Support to the Transport Sector in IE OP 2007-2013
Ex-post study of support to the transport sector in IE OP 2007-2013 SYNTHESIS Publication co-financed by the Cohesion Fund under the Infrastructure and Environment Program 2014-2020 Ex-post study of support to the transport sector in IE OP 2007-2013 SYNTHESIS WARSAW 2017 Researchers: CUPT (Center for EU Transport Projects) Evaluation Experts: Joanna Obarymska-Dzierzgwa Edyta Boratyńska-Karpiej Aleksander Wołowiec Study recipient: Centrum Unijnych Projektów Transportowych Plac Europejski 2 00-844 Warszawa Warsaw, March 31, 2017. ISBN 978-83-940563-3-9 Evaluation study co-funded by the European Union under the Cohesion Fund The photos on the cover are from the archives of the Center for EU Transport Projects 1. Foreword Transport sector under the Infrastructure and Environment Operational Program (IE OP) has benefited from the largest pool of financial resources available under the Program (Priority Axes VI- VIII). The aim was to improve the investment attractiveness of Poland and its regions through the development of technical infrastructure while protecting and improving the environment, health, preserving cultural identity and developing territorial cohesion. The growing role of infrastructure investments - both in the context of building Poland’s international competitiveness and the amount of EU support directed to this industry in 2007 - 2013 - necessitates an assessment of effectiveness thereof and therefore of the long-term impact of projects, which should be based on actual experiences from previously implemented investments. As part of the study, the effectiveness and complementarity of transport projects were summarized and their usefulness was examined through the prism of transport specific objectives recorded in the program documents and 2007-2013 strategic perspectives (mainly IE OP and NSRF) The effects of the expansion of the transport network can be seen both in terms of demand (usually short-term, occurring during the investment process), as well as in terms of supply (usually long-term). -
Evaluation and Monitoring of Accessibility Changes in Poland Using the Mai Indicator
EVALUATION Publisher: http://www.miir.gov.pl Ministry of Investment and Economic http://www.ewaluacja.gov.pl Development e-mail: [email protected] Department of Development Strategy e-mail: [email protected] EVALUATION AND MONITORING OF Wspólna 2/4 st. 00-926 Warsaw, Poland ISBN: 978-83-7610-651-9 tel: 22 2737600, 22 2737601 ACCESSIBILITY CHANGES IN POLAND fax: 22 2738908 USING THE MAI INDICATOR TOMASZ KOMORNICKI, PIOTR ROSIK, MARCIN STĘPNIAK, PRZEMYSŁAW ŚLESZYŃSKI, SŁAWOMIR GOLISZEK, WOJCIECH POMIANOWSKI, KAROL KOWALCZYK EVALUATION AND MONITORING OF ACCESSIBILITY CHANGES IN POLAND USING THE MAI INDICATOR WARSAW 2018 I Evaluation and Monitoring of Accessibility Changes in Poland Using the MAl Indicator © Ministry of Investment and Economic Development Warsaw 2018 Authors: Tomasz Komornicki, Piotr Rosik, Marcin StE:pniak, Przemysfaw Sleszynski, Sfawomir Goliszek, Wojciech Pomianowski, Karol Kowalczyk ISBN: 978-83-7610-651-9 Publishing: Ministry of Investment and Economic Development ul. Wsp61na 2/4 00-926 Warsaw www.miir.gov.pl/en/ www.funduszeeuropejskie.gov.pl/en/ Department of Development Strategy tel. +48 22 273 76 01 fax+ 48 22 273 89 08 e-mail: [email protected] e-mail: [email protected] Suggested citation: Rosik P. , Komornicki T., StE:pniak M., Sleszynski P., Goliszek S., Pomianowski W., Kowalczyk K., 2018, Evaluation and Monitoring of Accessibility Changes in Poland Using the MAl Indicator, IGSO PAS, MED, Warsaw. Th e opinions presented in the publication are expressed by its authors The content presented in this publication does not reflect the official position of the Ministry of Investment and Economic Development European Funds Republic European Union of Poland Cohesion Fund Technical Assistance - 3 Table of Contents Glossary of terms and abbreviations used in the report 4 1. -
Magazyn LOVE W M #97 Lato (2020R.)
MAGAZYN BEZPŁATNY / MAGAZYN FOR FREE / KOSTENLOSES HEFT / ISSN 1428-9857 SOMMER / LATO THE TOURIST NEWS_I LOVE WARMIA AND MASURIA 97/20 TOURISTISCHE NEWS_ICH LIEBE ERMLAND UND MASUREN SUMMER Rowerem przez Warmię i Mazury / Cycling in Warmia and Masuria / Mit dem Fahrrad durch Ermland und Masuren IŁAWA – TWÓJ PRZYJAZNY BRZEG / Iława – a friendly shore / Iława – Ihr freundliches Ufer PODRÓŻ W CZASIE W MUZEUM BUDOWNICTWA LUDOWEGO W OLSZTYNKU / Time travelling in the Folk Architecture Museum in Olsztynek / Museum für Volksarchitektur in Olsztynek – eine Reise in die Vergangenheit OD REDAKCJI FROM THE EDITOR / VON DER REDAKTION Od redakcji / from the editor / von der Redaktion armia i Mazury to krainy, Warmia and Masuria are the lands Ermland und Masuren gehören zu den których oblicze odkrywamy which can be rediscovered again and Landschaften, die wir immer wieder neu co rusz na nowo. Kiedy my- again. When you think know it all, some entdecken. Wenn wir denken, dass wir ślimy,W że znamy już wszystkie obiekty, new attraction pops up that you have not bereits alle Objekte, Attraktionen und atrakcje i atuty, pojawia się coś, czego seen before. So there is always something Vorteile kennen, taucht etwas auf, das do tej pory nie dostrzegliśmy. Dlatego new to share with you in our mazagine wir vorher nicht bemerkt haben. Deshalb pomysłów do wypełnienia kart Love ‘Love W_M’. werden uns nie die Ideen ausgehen, um W_M chyba nigdy nam nie zabraknie. Love W_M-Karten auszufüllen. In this edition we will show you places W kolejnym wydaniu magazynu prezen- with soul where you can relax, theme In der nächsten Ausgabe des Magazins tujemy klimatyczne miejsca w których parks with numerous attractions and präsentieren wir stimmungsvolle Orte można wypocząć, parki tematyczne, ideas for sightseeing Warmia and zum Entspannen, Themenparks, in gdzie czeka na Was moc atrakcji oraz Masuria by bike or camper van. -
Infrastructure Sector in Poland – Planned Investments and Market Overview
Infrastructure sector in Poland – planned investments and market overview October 2017 Zespół Doradców Gospodarczych TOR Sp. z o.o. Plac Bankowy 2, 00-095 Warszawa, tel./fax +48 22 323 77 50 lub 51, e-mail: [email protected], KRS 0000133090, REGON 013175962, NIP 113-20-41-930 Table of contents Roads .......................................................................................................................................... 3 Railways...................................................................................................................................... 8 Seaports ................................................................................................................................... 13 Airports ..................................................................................................................................... 14 Central Transport Port (CTP) ............................................................................................... 15 Energy sector .......................................................................................................................... 19 Zespół Doradców Gospodarczych TOR Sp. z o.o. Plac Bankowy 2, 00-095 Warszawa, tel./fax +48 22 323 77 50 lub 51, e-mail: [email protected], KRS 0000133090, REGON 013175962, NIP 113-20-41-930 Roads By the end of this year, the government is planning to open for service another 133 km of roads built as part of the National Road Construction Programme in 2014–2023. There are still contracts -
Redgroup NZ-Report to Creditors
26 July 2011 TO THE CREDITOR AS ADDRESSED Dear Sir / Madam WGL Retail Holdings Ltd WGL Realisations Ltd (Administrators Appointed) (Administrators Appointed) Company No. 120265 (formerly known as Whitcoulls Group Limited) Calendar Club New Zealand Ltd Company No. 131870 (Administrators Appointed) Company No. 826130 B Realisations (NZ) Ltd (Administrators Appointed) REDgroup Online Ltd (formerly known as Borders New (Administrators Appointed) Zealand Limited) Company No. 2223528 Company No. 944114 (Collectively “the Group” or “the Companies”) I refer to the appointment of Steve Sherman, John Melluish and I as Administrators of the Group on 17 February 2011. Section 239AU(3) Report Please find enclosed our report to creditors pursuant to section 239AU(3) of the Companies Act 1993 (“the Act”). Joint Watershed Meeting The Administrators are required to call a joint watershed meeting of creditors (“the Watershed Meeting”) pursuant to section 239AT(1) of the Act, and do so in this case by way of a joint meeting of the creditors of each company in the Group under section 239AL. The purpose of the Watershed Meeting is to provide creditors with an opportunity to resolve: 1. That the Companies execute a Deed of Company Arrangement; or 2. That the administrations should end; or 3. That the Companies be wound up. I have enclosed the following documents: (a) Notice of a Joint Watershed Meeting. Please note that the meeting commences at 10:30am Thursday, 4 August 2011. You should arrive for registration at least 30 minutes prior to the meeting. bp110725 Letter to Creditor C:68580 Page 2 Letter to Creditor 26 July 2011 (b) Formal Proof of Debt Form. -
Operational Programme Eastern Poland 2014–2020
OPERATIONAL PROGRAMME EASTERN POLAND 2014–2020 16 December 2014 Table of contents List of abbreviations .................................................................................................................... 4 1. PROGRAMME’S CONTRIBUTION TO THE IMPLEMENTATION OF EUROPE 2020 STRATEGY AND ACHIEVING SOCIO‐ECONOMIC AND TERRITORIAL COHESION .......................................... 7 1.1 PROGRAMME’S CONTRIBUTION TO THE IMPLEMENTATION OF EUROPE 2020 STRATEGY AND ACHIEVING SOCIO‐ECONOMIC AND TERRITORIAL COHESION ................................................................... 7 JUSTIFICATION FOR THE CHOICE OF THEMATIC OBJECTIVES AND INVESTMENT PRIORITIES ................. 15 1.2 JUSTIFICATION FOR THE FINANCIAL ALLOCATION ................................................................................... 17 2. PRIORITY AXES ....................................................................................................................... 19 2.1 PRIORITY AXIS I ENTREPRENEURIAL EASTERN POLAND ........................................................................... 19 2.2 PRIORITY AXIS II MODERN TRANSPORT INFRASTRUCTURE ...................................................................... 32 2.3 PRIORITY AXIS III SUPRA‐REGIONAL RAILWAY INFRASTRUCTURE ........................................................... 41 2.4 PRIORITY AXIS IV TECHNICAL ASSISTANCE ............................................................................................... 46 3. FINANCIAL PLAN .................................................................................................................... -
Raport Roczny Mota 2016.Indd
SPRAWOZDANIESPRAWOZDANIE ROCZNEROCZNE ANNUALANNUAL REPREPORTORT SPRAWOZDANIE ROCZNE ANNUAL REPORT SPIS TREŚCI / TABLE OF CONTENTS SŁOWO PREZESA / MESSAGE OF THE PRESIDENT 3 RAPORT ZARZĄDCZY / MANAGEMENT REPORT ON THE COMPANY’S OPERATION 5 1. PERSPEKTYWA MAKROEKONOMICZNA / MACROECONOMIC FRAMEWORK 6 2. PERSPEKTYWA RYNKOWA I STRATEGICZNA / MARKET AND STRATEGIC FRAMEWORK 8 3. DZIAŁALNOŚĆ GOSPODARCZA W ROKU 2016 / REVIEW OF THE BUSINESS ACTIVITY IN 2016 9 4. PROGNOZY / OUTLOOK 35 5. POZOSTAŁE INFORMACJE OBOWIĄZKOWE / OTHER MANDATORY INFORMATION 36 6. PROPOZYCJA ZARZĄDU SPÓŁKI DOTYCZĄCA PODZIAŁU ROCZNEGO ZYSKU NETTO / THE MANAGEMENT BOARD’S PROPOSAL FOR THE APPROPRIATION OF THE NET PROFIT OF THE YEAR 36 SPRAWOZDANIE FINANSOWE / FINANCIAL STATEMENTS 39 1. WPROWADZENIE DO SPRAWOZDANIA FINANSOWEGO ORAZ ZASADY RACHUNKOWOŚCI / INTRODUCTION TO THE FINANCIAL STATEMENTS AND ACCOUNTING POLICIES 46 2. DODATKOWE INFORMACJE I OBJAŚNIENIA / CLOSING REMARKS 75 OPINIA BIEGŁEGO REWIDENTA I RAPORT Z BADANIA / OPINION OF AUDITOR AND REVIEW REPORT 115 OPINIA NIEZALEŻNEGO BIEGŁEGO REWIDENTA / AUDITOR’S OPINION 116 1. INFORMACJE OGÓLNE / GENERAL INFORMATION 119 2. SYTUACJA MAJĄTKOWA I FINANSOWA SPÓŁKI / ECONOMIC AND FINANCIAL POSITION OF THE COMPANY 122 3. INFORMACJE SZCZEGÓŁOWE / DETAILED INFORMATION 123 4. UWAGI KOŃCOWE / CLOSING COMMENTS 126 ANNUAL REPORT 2016 SŁOWO PREZESA MESSAGE OF THE PRESIDENT Panie i Panowie, Ladies & Gentlemen, Rok 2016 zapamiętany będzie jako okres wyzwań w sektorze The year 2016 will be reminded as a challenging period in the budowlanym, gdyż łączył on w sobie transformację cyklu poli- constructi on sector as it combined the transiti on of a politi cal tycznego i perspektyw UE ze skutkiem w postaci odłożenia pro- cycle and the EU perspecti ves with eff ect in the postponement cedur przetargowych, w szczególności przez Generalną Dyrekcję of tender procedures in parti cular by the General Directorate of Dróg Krajowych i Autostrad. -
[2017] NZHC 1893 UNDER the Tax Administration Act 1994 IN
IN THE HIGH COURT OF NEW ZEALAND WELLINGTON REGISTRY CIV 2016-485-549 [2017] NZHC 1893 UNDER The Tax Administration Act 1994 IN THE MATTER of the Income Tax Act 2007 BETWEEN EASY PARK LIMITED Plaintiff AND THE COMMISSIONER OF INLAND REVENUE Defendant Hearing: 27-28 March 2017 Counsel: G Harley and R L Goss for Plaintiff A B Goosen and C Hollingsworth for Defendant Judgment: 10 August 2017 JUDGMENT OF ELLIS J [1] This case presents an old problem in a new context. The problem is the distinction between a receipt of a revenue nature and a receipt of a capital nature. The context is the receipt by the plaintiff, Easy Park Limited (Easy Park), of a lump sum in return for its agreement to accept the early surrender of a commercial lease. In other, similar, cases far greater judges than I have noted that the battleground on which they are fought is an intellectual minefield; the principles are elusive, analogies are treacherous, precedents appear to be but vague signposts pointing in different directions. The compass is said to be “judicial common sense”.1 But one thing is clear. The factual context is all-important. 1 My opening paragraph is taken unashamedly from the beginning of Templeman J’s judgment in Tucker v Granada Motorway Services Ltd [1977] 3 All ER 865 at 869. Its gist has been repeated in a number of the New Zealand appellate decisions which are discussed later in this judgment. EASY PARK LTD v THE COMMISSIONER OF INLAND REVENUE [2017] NZHC 1893 [10 August 2017] Facts [2] During the 1980s and 1990s Mr Herman Rockefeller was the Chief Financial Officer of Brierley Investments Limited (BIL). -
Tuesday, February 2, 2021
TE NUPEPA O TE TAIRAWHITI TUESDAY, FEBRUARY 2, 2021 HOME-DELIVERED $1.90, RETAIL $2.20 $20,000 ECO-WARRIOR COVID-19 PAGES 4, 6-11, 15, 18 HOOKED APPALLED BY • Returning Kiwis ease teacher shortage WITHOUT • NZ’s alert levels out of date: experts RUBBISH DUMPERS • NZ lagging behind in vaccine rollout A LINE IN • Sir Tom in hospital with Covid-19 THE WATER PAGE 3 PAGE 5 FIRST DAY FOR A-JAY: Doreen Paul hugs her son A-Jay Paul-Enoka before he starts his first day at Kaiti School this morning. A-Jay is continuing a whanau tradition of attending Kaiti School and his mum said she was very proud of him. Kaiti was among the schools that started their 2021 year today. Many more start tomorrow. STORY ON PAGE 2 Picture by Rebecca Grunwell by Alice Angeloni and has manifested in some quite marae, who live up the Coast and disturbing campaigns I know have in areas that have very particular SIGNATURES collected in impacted a lot of communities . .” considerations that are important opposition to Maori wards will It comes as Gisborne councillors for us when we’re making decisions have “no effect” following the say they are “awestruck” while for the entire Gisborne district. Lifting Government’s move to dump polling others are not surprised by the The Local Electorate Maori provisions, says East Coast MP Kiri central government’s move to Wards and Maori Constituencies Allan. introduce legislation upholding Amendment Bill will be introduced Ms Allan, who previously labelled council decisions on Maori wards. -
For Personal Use Only Use Personal For
26 February 2014 The Manager Company Announcements Office ASX Limited Level 4, Exchange Centre 20 Bridge Street SYDNEY NSW 2000 Dear Sir/Madam WESTFIELD RETAIL TRUST (ASX: WRT) SHOPPING CENTRE OPERATIONAL PERFORMANCE REPORT 2013 Please find attached the Shopping Centre Operational Performance Report for Westfield Retail Trust for the year ended 31 December 2013. Yours faithfully WESTFIELD RETAIL TRUST Katherine Grace Company Secretary Encl. For personal use only SHOPPING CENTRE OPERATIONAL PERFORMANCE REPORT 31 DECEMBER 2013 For personal use only SHOPPING CENTRE OPERATIONAL PERFORMANCE REPORT OVERVIEW OF PORTFOLIO Westfield Retail Trust’s (the Trust) portfolio of shopping centres is geographically diverse, spread across five states and one territory in Australia, and New Zealand. The centres are generally located near or in major metropolitan areas, are anchored by major retailers with long term leases and incorporate a wide cross-section of specialty retailers and national chain store operators. The Trust’s shopping centre investments are undertaken through joint ventures and co-ownership arrangements, primarily with Westfield Group and major institutional investors. The following table sets out the Trust’s shopping centre portfolio as at 31 December 2013. Australia New Zealand Total Centres 37 9 46 Retail Outlets 10,712 1,409 12,121 GLA (million square metres) 3.3 0.4 3.7 Asset Value (billion)1 A$12.4 NZ$1.4 A$13.6 1. Trust share of shopping centre assets excluding development projects and construction in progress of $247 million. Note: -
TRANSPORT ACCESSIBILITY in EASTERN POLAND Tomasz
БЪЛГАРСКА АКАДЕМИЯ НА НАУКИТЕ • BULGARIAN ACADEMY OF SCIENCES ПРОБЛЕМИ НА ГЕОГРАФИЯТА • 3–4 • PROBLEMS OF GEOGRAPHY София • 2013 • Sofia TRANSPORT ACCESSIBILITY IN EASTERN POLAND Tomasz Komornicki, Piotr Rosik, Marcin Stępniak The purpose of the paper is to assess the current accessibility in the macro-re- gional and provincial setting of Eastern Poland and the simulation of changes, which may take place owing to the realisation of the large-scale investment programs. The indicator of potential accessibility was used. The analyses and simulations confirmed that there is a need to improve the accessibility of the area, first of all through con- struction of transport routes of high speed, linking main centres of Eastern Poland with Warsaw, Cracow and Gdansk. Improvement of accessibility within the area of Eastern Poland may be realised also by implementation of investment projects lo- cated in other regions, and in particular – in central Poland. INTRODUCTION Eastern Poland is a macroregion, which is situated peripherally both on the na- tional and on the European scales. The provinces, which compose the macroregion, belong among the poorest areas in the European Union. In this context, develop- ment of transport infrastructure is being mentioned as one of basic instruments of the regional and spatial policy, which may accelerate the development of the area and diminish the negative consequences of its peripherally. The effectiveness of invest- ment projects is increasingly frequently assessed in the perspective of changes in spatial accessibility.