As at December 31, 2016 and December 31, 2015 non-controlling interests related mainly to non-controlling shareholders of PGE EJ 1 sp. z o.o.
The below table presents changes in non-controlling interests in the reporting periods.
|As at December 31, 2016||As at December 31, 2015|
|AS AT JANUARY 1||96||116|
|Share in net profit of subsidiaries||(2)||(5)|
|Dividends declared by subsidiaries||(4)||(4)|
|Change in ownership interests while retaining control||-||68|
|Increase of equity, shares acquisition||10||-|
|Acquisition of non-controlling interests by the Group||(4)||(78)|
|AS AT 31 DECEMBER 31||96||96|
Acquisition of non-controlling interests during the year ended December 31, 2016 and December 31, 2015 relates mainly to the acquisition of shares of PGE Górnictwo i Energetyka Konwencjonalna S.A. by PGE S.A.
Change in ownership interests while retaining control that took place in the year ended December 31, 2015 concerns sales of 30% of PGE EJ1 sp. z o.o. shares owned by PGE S.A.