Item (or group) of non-current assets | Expected disposal date | Carrying amount as at Dec 31 2014 | Terms of disposal |
---|---|---|---|
Shares in Huta Stalowa Wola S.A. (unrelated company), held for sale | 2015 | 1 | public invitation to negotiate |
Other non-current assets held for sale | 2015 | 146 | tender |
Total | 147 | ||
Item (or group) of non-current assets | Expected disposal date | Carrying amount as at Dec 31 2013 | Terms of disposal |
Assets associated with subsidiary Geovita S.A., held for sale | H1 2014 | 82 | public invitation to negotiate |
Other non-current assets held for sale | 2014 | 6 | tender |
Total | 88 | ||
Liabilities associated with groups of assets held for sale | Carrying amount as at Dec 31 2013 | ||
Liabilities associated with subsidiary Geovita S.A., held for sale | 15 | ||
Total | 15 |
As at the end of 2013, the net carrying amount of non-current assets held for sale was PLN 88m. The most important item was the consolidated subsidiary Geovita S.A., classified as held for sale. On April 8th 2014, the PGNiG Management Board abandoned plans to sell Geovita S.A. after no satisfactory price offers were attracted in the sales process conducted by PGNiG S.A.
As at December 31st 2014, the net carrying amount of non-current assets held for sale was PLN 147m. The most important items included: an office building located in Warsaw, perpetual usufruct rights to land and other buildings and structures.