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26.2 Quantitative data

Annual Report 2019 > 26.2 Quantitative data
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Goodwill 31 December 2019 31 December 2018
Pekao1 2,269 2,269
Alior Bank 746 746
Lietuvos Draudimas AB2 471 476
Medical companies 303 115
Mass insurance segment in non-life insurance (Link4) 221 221
AAS Balta 38 39
Other 5 5
Total goodwill 4,053 3,871

Includes goodwill on acquisition of PIM. 
2 Includes goodwill on acquisition of the Lietuvos Draudimas branch in Estonia.

 

Movement in goodwill 1 January – 31 December 2019 1 January – 31 December 2018
Gross goodwill at the beginning of the period 3,885 3,844
Changes in the period: 183 41
– acquisition of medical companies 188 25
– foreign exchange differences (5) 16
Gross goodwill at the end of the period 4,068 3,885
Impairment losses at the beginning of the period (14) (14)
Changes in the period (foreign exchange differences) (1) -
Impairment losses – at the end of the period (15) (14)
Net goodwill at the end of the period 4,053 3,871