As at 31 December 2019, the balance sheet total of Alior Bank S.A. Capital Group amounted to PLN 76.7 billion and was higher by PLN 3.3 billion (4.5%) compared to the end of 2018. 

The main asset items generating the increase in the balance sheet total were receivables from customers (Y/y increase by PLN 1.6 billion to PLN 55.9 billion) and financial assets (Y/y increase by PLN 2.1 billion to PLN 15.8 billion), which were financed mainly with the increase in amounts due to customers: customer deposits (increase by PLN 2.6 billion to PLN 65.0 billion). 

The tables below present details of assets, liabilities and equity as at the end of 2019 along with comparable data. 

ASSETS (in PLN thousand) consolidated data	31.12.2019	31.12.2018	Change (in PLN thousand)	Change (%)
ASSETS (in PLN thousand) consolidated data	Cash and cash equivalents	31.12.2019	1 379 127	31.12.2018	2 078 638	Change (in PLN thousand)	-699 511	Change (%)	-33,7
ASSETS (in PLN thousand) consolidated data	Amounts due from banks	31.12.2019	212 885	31.12.2018	172 839	Change (in PLN thousand)	40 046	Change (%)	23,2
ASSETS (in PLN thousand) consolidated data	Investment financial assets	31.12.2019	15 798 674	31.12.2018	13 727 570	Change (in PLN thousand)	2 071 104	Change (%)	15,1
ASSETS (in PLN thousand) consolidated data	Measured at fair value through other comprehensive income	31.12.2019	10 438 695	31.12.2018	7 280 080	Change (in PLN thousand)	3 158 615	Change (%)	43,4
ASSETS (in PLN thousand) consolidated data	Measured at fair value through profit or loss	31.12.2019	543 925	31.12.2018	515 138	Change (in PLN thousand)	28 787	Change (%)	5,6
ASSETS (in PLN thousand) consolidated data	Measured at amortized cost	31.12.2019	4 816 054	31.12.2018	5 932 352	Change (in PLN thousand)	-1 116 298	Change (%)	-18,8
ASSETS (in PLN thousand) consolidated data	Derivative hedging instruments	31.12.2019	134 832	31.12.2018	112 400	Change (in PLN thousand)	22 432	Change (%)	20,0
ASSETS (in PLN thousand) consolidated data	Loans and advances to customers	31.12.2019	55 871 308	31.12.2018	54 246 012	Change (in PLN thousand)	1 625 296	Change (%)	3,0
ASSETS (in PLN thousand) consolidated data	Assets pledged as collateral	31.12.2019	335 489	31.12.2018	333 198	Change (in PLN thousand)	2 291	Change (%)	0,7
ASSETS (in PLN thousand) consolidated data	Property, plant and equipment	31.12.2019	763 585	31.12.2018	460 659	Change (in PLN thousand)	302 926	Change (%)	65,8
ASSETS (in PLN thousand) consolidated data	Intangible assets	31.12.2019	580 352	31.12.2018	572 320	Change (in PLN thousand)	8 032	Change (%)	1,4
ASSETS (in PLN thousand) consolidated data	Investments in subsidiaries	31.12.2019	9 822	31.12.2018	4 000	Change (in PLN thousand)	5 822	Change (%)	145,6
ASSETS (in PLN thousand) consolidated data	Asset held for sale	31.12.2019	103	31.12.2018	146	Change (in PLN thousand)	-43	Change (%)	-29,5
ASSETS (in PLN thousand) consolidated data	Income tax asset	31.12.2019	1 164 764	31.12.2018	1 035 624	Change (in PLN thousand)	129 140	Change (%)	12,5
ASSETS (in PLN thousand) consolidated data	Current tax assets	31.12.2019	20 468	31.12.2018	0	Change (in PLN thousand)	20 468	Change (%)
ASSETS (in PLN thousand) consolidated data	Deferred tax assets	31.12.2019	1 144 296	31.12.2018	1 035 624	Change (in PLN thousand)	108 672	Change (%)	10,5
ASSETS (in PLN thousand) consolidated data	Other assets	31.12.2019	484 893	31.12.2018	676 481	Change (in PLN thousand)	-191 588	Change (%)	-28,3
ASSETS (in PLN thousand) consolidated data	Total assets	31.12.2019	76 735 834	31.12.2018	73 419 887	Change (in PLN thousand)	3 315 947	Change (%)	4,5

Liabilities and equity (in PLN thousand) consolidated data	31.12.2019	31.12.2018	Change (in PLN thousand)	Change (%)
Liabilities and equity (in PLN thousand) consolidated data	Amounts due to banks	31.12.2019	822 543	31.12.2018	593 327	Change (in PLN thousand)	229 216	Change (%)	38,6
Liabilities and equity (in PLN thousand) consolidated data	Amounts due to customers	31.12.2019	64 999 259	31.12.2018	62 435 585	Change (in PLN thousand)	2 563 674	Change (%)	4,1
Liabilities and equity (in PLN thousand) consolidated data	Financial liabilities measured at fair value through profit or loss	31.12.2019	436 856	31.12.2018	416 407	Change (in PLN thousand)	20 449	Change (%)	4,9
Liabilities and equity (in PLN thousand) consolidated data	Derivative hedging instruments	31.12.2019	40 676	31.12.2018	9 381	Change (in PLN thousand)	31 295	Change (%)	333,6
Liabilities and equity (in PLN thousand) consolidated data	Provisions	31.12.2019	358 869	31.12.2018	126 199	Change (in PLN thousand)	232 670	Change (%)	184,4
Liabilities and equity (in PLN thousand) consolidated data	Other liabilities	31.12.2019	1 429 676	31.12.2018	1 167 111	Change (in PLN thousand)	262 565	Change (%)	22,5
Liabilities and equity (in PLN thousand) consolidated data	Income tax liabilities	31.12.2019	94 905	31.12.2018	267 861	Change (in PLN thousand)	-172 956	Change (%)	-64,6
Liabilities and equity (in PLN thousand) consolidated data	Current tax liabilities	31.12.2019	94 404	31.12.2018	267 429	Change (in PLN thousand)	-173 025	Change (%)	-64,7
Liabilities and equity (in PLN thousand) consolidated data	Deferred tax liabilities	31.12.2019	501	31.12.2018	432	Change (in PLN thousand)	69	Change (%)	16,0
Liabilities and equity (in PLN thousand) consolidated data	Subordinated loans	31.12.2019	1 793 985	31.12.2018	1 918 093	Change (in PLN thousand)	-124 108	Change (%)	-6,5
Liabilities and equity (in PLN thousand) consolidated data	Total liabilities	31.12.2019	69 976 769	31.12.2018	66 933 964	Change (in PLN thousand)	3 042 805	Change (%)	4,5
Liabilities and equity (in PLN thousand) consolidated data	Share capital	31.12.2019	1 305 540	31.12.2018	1 305 540	Change (in PLN thousand)	0	Change (%)	0,0
Liabilities and equity (in PLN thousand) consolidated data	Supplementary capital	31.12.2019	5 393 358	31.12.2018	5 386 828	Change (in PLN thousand)	6 530	Change (%)	0,1
Liabilities and equity (in PLN thousand) consolidated data	Revaluation reserve	31.12.2019	76 404	31.12.2018	52 164	Change (in PLN thousand)	24 240	Change (%)	46,5
Liabilities and equity (in PLN thousand) consolidated data	Other reserves	31.12.2019	166 850	31.12.2018	171 629	Change (in PLN thousand)	-4 779	Change (%)	-2,8
Liabilities and equity (in PLN thousand) consolidated data	Foreign operations currency translation differences	31.12.2019	605	31.12.2018	-202	Change (in PLN thousand)	807	Change (%)	-399,5
Liabilities and equity (in PLN thousand) consolidated data	Retained earnings / (accumulated losses)	31.12.2019	-436 524	31.12.2018	-1 143 409	Change (in PLN thousand)	706 885	Change (%)	-61,8
Liabilities and equity (in PLN thousand) consolidated data	Profit for the year	31.12.2019	252 832	31.12.2018	713 373	Change (in PLN thousand)	-460 541	Change (%)	-64,6
Liabilities and equity (in PLN thousand) consolidated data	Non-controlling interests	31.12.2019	0	31.12.2018	0	Change (in PLN thousand)	0	Change (%)
Liabilities and equity (in PLN thousand) consolidated data	Equity	31.12.2019	6 759 065	31.12.2018	6 485 923	Change (in PLN thousand)	273 142	Change (%)	4,2
Liabilities and equity (in PLN thousand) consolidated data	Total liabilities and equity	31.12.2019	76 735 834	31.12.2018	73 419 887	Change (in PLN thousand)	3 315 947	Change (%)	4,5

Presented separately, these data are as follows:

ASSETS (in PLN thousand) separate data	31.12.2019	31.12.2018	Change (in PLN thousand)	Change (%)
ASSETS (in PLN thousand) separate data	Cash and cash equivalents	31.12.2019	1 352 604	31.12.2018	2 077 630	Change (in PLN thousand)	-725 026	Change (%)	-34,9
ASSETS (in PLN thousand) separate data	Amounts due from banks	31.12.2019	212 885	31.12.2018	172 839	Change (in PLN thousand)	40 046	Change (%)	23,2
ASSETS (in PLN thousand) separate data	Investment financial assets	31.12.2019	15 798 474	31.12.2018	13 727 570	Change (in PLN thousand)	2 070 904	Change (%)	15,1
ASSETS (in PLN thousand) separate data	Measured at fair value through other comprehensive income	31.12.2019	10 438 695	31.12.2018	7 280 080	Change (in PLN thousand)	3 158 615	Change (%)	43,4
ASSETS (in PLN thousand) separate data	Measured at fair value through profit or loss	31.12.2019	543 725	31.12.2018	515 138	Change (in PLN thousand)	28 587	Change (%)	5,5
ASSETS (in PLN thousand) separate data	Measured at amortized cost	31.12.2019	4 816 054	31.12.2018	5 932 352	Change (in PLN thousand)	-1 116 298	Change (%)	-18,8
ASSETS (in PLN thousand) separate data	Derivative hedging instruments	31.12.2019	134 832	31.12.2018	112 400	Change (in PLN thousand)	22 432	Change (%)	20,0
ASSETS (in PLN thousand) separate data	Loans and advances to customers	31.12.2019	55 580 512	31.12.2018	54 239 260	Change (in PLN thousand)	1 341 252	Change (%)	2,5
ASSETS (in PLN thousand) separate data	Assets pledged as collateral	31.12.2019	335 489	31.12.2018	333 198	Change (in PLN thousand)	2 291	Change (%)	0,7
ASSETS (in PLN thousand) separate data	Property, plant and equipment	31.12.2019	748 671	31.12.2018	450 404	Change (in PLN thousand)	298 267	Change (%)	66,2
ASSETS (in PLN thousand) separate data	Intangible assets	31.12.2019	531 796	31.12.2018	528 501	Change (in PLN thousand)	3 295	Change (%)	0,6
ASSETS (in PLN thousand) separate data	Investments in subsidiaries	31.12.2019	216 586	31.12.2018	158 681	Change (in PLN thousand)	57 905	Change (%)	36,5
ASSETS (in PLN thousand) separate data	Asset held for sale	31.12.2019	103	31.12.2018	146	Change (in PLN thousand)	-43	Change (%)	-29,5
ASSETS (in PLN thousand) separate data	Income tax asset	31.12.2019	1 006 785	31.12.2018	924 384	Change (in PLN thousand)	82 402	Change (%)	8,9
ASSETS (in PLN thousand) separate data	Current tax assets	31.12.2019	0	31.12.2018	0	Change (in PLN thousand)	0	Change (%)
ASSETS (in PLN thousand) separate data	Deferred tax assets	31.12.2019	1 006 785	31.12.2018	924 383	Change (in PLN thousand)	82 402	Change (%)	8,9
ASSETS (in PLN thousand) separate data	Other assets	31.12.2019	415 776	31.12.2018	517 883	Change (in PLN thousand)	-102 107	Change (%)	-19,7
ASSETS (in PLN thousand) separate data	Total assets	31.12.2019	76 334 513	31.12.2018	73 242 895	Change (in PLN thousand)	3 091 618	Change (%)	4,2

Liabilities and equity (in PLN thousand) separate data	31.12.2019	31.12.2018	Change (in PLN thousand)	Change (%)
Liabilities and equity (in PLN thousand) separate data	Amounts due to banks	31.12.2019	365 993	31.12.2018	473 842	Change (in PLN thousand)	-170 849	Change (%)	-22,8
Liabilities and equity (in PLN thousand) separate data	Amounts due to customers	31.12.2019	65 012 760	31.12.2018	62 427 865	Change (in PLN thousand)	2 584 895	Change (%)	4,1
Liabilities and equity (in PLN thousand) separate data	Financial liabilities measured at fair value through profit or loss	31.12.2019	436 856	31.12.2018	416 407	Change (in PLN thousand)	20 449	Change (%)	4,9
Liabilities and equity (in PLN thousand) separate data	Derivative hedging instruments	31.12.2019	40 676	31.12.2018	9 381	Change (in PLN thousand)	31 295	Change (%)	333,6
Liabilities and equity (in PLN thousand) separate data	Provisions	31.12.2019	358 900	31.12.2018	126 172	Change (in PLN thousand)	232 728	Change (%)	184,5
Liabilities and equity (in PLN thousand) separate data	Other liabilities	31.12.2019	1 375 865	31.12.2018	1 111 457	Change (in PLN thousand)	264 408	Change (%)	23,8
Liabilities and equity (in PLN thousand) separate data	Income tax liabilities	31.12.2019	89 779	31.12.2018	208 854	Change (in PLN thousand)	-119 075	Change (%)	-57,0
Liabilities and equity (in PLN thousand) separate data	Current tax liabilities	31.12.2019	89 779	31.12.2018	208 854	Change (in PLN thousand)	-119 075	Change (%)	-57,0
Liabilities and equity (in PLN thousand) separate data	Subordinated loans	31.12.2019	1 793 985	31.12.2018	1 918 093	Change (in PLN thousand)	-124 108	Change (%)	-6,5
Liabilities and equity (in PLN thousand) separate data	Total liabilities	31.12.2019	69 474 814	31.12.2018	66 692 071	Change (in PLN thousand)	2 782 743	Change (%)	4,2
Liabilities and equity (in PLN thousand) separate data	Share capital	31.12.2019	1 305 540	31.12.2018	1 305 540	Change (in PLN thousand)	0	Change (%)	0,0
Liabilities and equity (in PLN thousand) separate data	Supplementary capital	31.12.2019	5 388 926	31.12.2018	5 382 819	Change (in PLN thousand)	6 107	Change (%)	0,1
Liabilities and equity (in PLN thousand) separate data	Revaluation reserve	31.12.2019	76 404	31.12.2018	52 164	Change (in PLN thousand)	24 240	Change (%)	46,5
Liabilities and equity (in PLN thousand) separate data	Other reserves	31.12.2019	179 505	31.12.2018	184 284	Change (in PLN thousand)	-4 779	Change (%)	-2,6
Liabilities and equity (in PLN thousand) separate data	Foreign operations currency translation differences	31.12.2019	605	31.12.2018	-202	Change (in PLN thousand)	807	Change (%)	-399,5
Liabilities and equity (in PLN thousand) separate data	Retained earnings / (accumulated losses)	31.12.2019	-379 888	31.12.2018	-1 104 855	Change (in PLN thousand)	724 967	Change (%)	-65,6
Liabilities and equity (in PLN thousand) separate data	Profit for the year	31.12.2019	288 607	31.12.2018	731 074	Change (in PLN thousand)	-442 467	Change (%)	-60,5
Liabilities and equity (in PLN thousand) separate data	Equity	31.12.2019	6 859 699	31.12.2018	6 550 824	Change (in PLN thousand)	308 875	Change (%)	4,7
Liabilities and equity (in PLN thousand) separate data	Total liabilities and equity	31.12.2019	76 334 513	31.12.2018	73 242 895	Change (in PLN thousand)	3 091 618	Change (%)	4,2

The basic asset component are receivables from customers of the Group: PLN 55.9 billion. Their share in the balance sheet total as at the end of 2019 amounted to 72.8% which means that compared to the end of 2018 it decreased by 1.1 pp. Another important asset item as at the end of 2019 were financial assets amounting to PLN 15.8 billion which was 20.6% of total assets (at the end of 2018 – 18.7% of assets).

Assets of Alior Bank S.A. Capital Group (in PLN billion)  

The year-over-year increase in the accounts receivable portfolio by 3% resulted mainly from the increase in retail loan volume (going up by 8.2%, i.e. by PLN 2.4 billion, to PLN 31.9 billion) and the decrease in the receivables from business customers. Corporate loan volume decreased by 3.2% (i.e. by PLN 0.8 billion) to PLN 24.0 billion. 

The main item in the retail loan portfolio were consumer loans, operating loans and consumer finance, their volume reaching almost PLN 19.3 billion (Y/y increase by 9%). They accounted for 60% of all loans to retail customers and simultaneously for 34% of the entire accounts receivable portfolio. The second largest item in the retail loan portfolio, (38%), were residential real estate loans and mortgage loans the total volume of which at the end of 2019 amounted to PLN 12.1 billion (total y/y increase by 8.0%). 

Currency structure of receivables from customers (%)

At the end of 2019 compared to year-end 2018 a slight increase was noted in the share of receivables in PLN in the loan portfolio structure – to 89% of total receivables from customers (increase by 0.7 pp compared to 31 December 2018). At the end of 2019, receivables from customers in EUR accounted for 9.5% of total accounts receivable, and their share decreased compared to year-end 2018 by 1.1 pp. 

Geographical structure of receivables from customers as at 31 December 2019 (net amount)

More than 27% loans granted by the Bank are loans to customers from Masovia. Over 20% loans are receivables from customers from Silesia and the Wielkopolska Region. Receivables from residents of the remaining regions account for over 52% of the total loan portfolio.

As at 31 December 2019, the amount of collaterals established on borrowers’ accounts and assets within Alior Bank S.A. was PLN 36 956 million (of which retail customers: 12 849 and business customers: 24 117).

The main source of financing of Group operations are the funds from customers deposited at the Bank. At the end of 2019, their share in the balance sheet total was 84.7% (decrease by 0.3 pp compared to year-end 2018). Equity as at 31 December 2019 amounted to PLN 6.8 billion and was 0.3 billion higher compared to the end of 2018.

Equity and liabilities of Alior Bank S.A. Capital Group (in PLN billion)

As regards types of amounts due to customers, the main item were amounts due to the retail segment, which at the end of 2019 accounted for 72% of the customer deposit portfolio. This share was higher by 1.3 pp compared to the end of 2018.

Current deposits are the main component of the portfolio of amounts due to customers. They accounted for 64% of all amounts due to customers at the end of 2019 (increase by 2.4 pp compared to year-end 2018). The second most significant item of amounts due to customers are term deposits (31% of all amounts due to customers as at 31 December 2019). Compared to year-end 2018, their share in all amounts due to customers decreased by 1.4 pp.

The remaining 5% of amounts due to customers as at the end of 2019 were funds obtained through issue of the Bank’s own securities and other liabilities, as well as own bond issues.

Amounts due to customers per type (in PLN billion):

At the end of 2019, the total liabilities towards top ten depositors accounted for 3.0% of all customer deposits, which testifies to a strong diversification of the Bank’s deposit base.

Currency structure of amounts due to customers (%)

As at the end of 2019, the share of PLN deposits in the entire deposit portfolio increased year-over-year by 0.5 pp to 85.9%. The remaining 14.1% of amounts due to customers were foreign currency deposits. The most popular foreign currencies for customer deposits were at the end of 2019 euro and the United States dollar.

Geographical structure of amounts due to customers as at 31 December 2019

Funds deposited at the Bank come mainly from customers from Masovia (27%), the Małopolska Region (15%) and Silesia (10%). Customers from the remaining regions deposited at the Bank funds accounting for less than 48% of the entire deposit base.