in EUR thousand |
Notes |
1.1. – 31.12.2013 |
1.1. – 31.12.20121 |
Gross written premium |
7.1 |
13,963,409 |
13,774,244 |
Ceded written premium |
|
1,542,921 |
1,407,851 |
Change in gross unearned premium |
|
(203,238) |
(146,108) |
Change in ceded unearned premium |
|
9,414 |
58,957 |
Net premium earned |
|
12,226,664 |
12,279,242 |
Ordinary investment income |
7.2 |
1,041,318 |
1,088,409 |
Profit/loss from investments in associated companies |
7.2 |
12,536 |
10,415 |
Realised gains and losses on investments |
7.2 |
144,151 |
227,508 |
Change in fair value of financial instruments |
7.2 |
(27,136) |
89,268 |
Total depreciation, impairments and appreciation of investments |
7.2 |
19,098 |
19,067 |
Other investment expenses |
7.2 |
97,309 |
96,369 |
Net income from investments under own management |
|
1,054,462 |
1,300,164 |
Income/expense on funds withheld and contract deposits |
7.2 |
357,348 |
355,486 |
Net investment income |
|
1,411,810 |
1,655,650 |
Other technical income |
7.3 |
1,907 |
1,455 |
Total revenues |
|
13,640,381 |
13,936,347 |
Claims and claims expenses |
7.3 |
9,127,546 |
8,865,928 |
Change in benefit reserves |
7.3 |
146,691 |
529,283 |
Commission and brokerage, change in deferred acquisition costs |
7.3 |
2,690,173 |
2,649,693 |
Other acquisition costs |
|
5,608 |
17,353 |
Other technical expenses |
7.3 |
7,874 |
4,575 |
Administrative expenses |
7.3 |
333,674 |
310,790 |
Total technical expenses |
|
12,311,566 |
12,377,622 |
Other income and expenses |
7.4 |
(99,753) |
(164,820) |
Operating profit/loss (EBIT) |
|
1,229,062 |
1,393,905 |
Interest on hybrid capital |
6.12 |
126,670 |
104,511 |
Net income before taxes |
|
1,102,392 |
1,289,394 |
Taxes |
7.5 |
163,143 |
364,405 |
Net income |
|
939,249 |
924,989 |
thereof |
|
|
|
Non-controlling interest in profit and loss |
|
43,782 |
75,397 |
Group net income |
|
895,467 |
849,592 |
Earnings per share (in EUR) |
8.5 |
|
|
Basic earnings per share |
|
7.43 |
7.04 |
Diluted earnings per share |
|
7.43 |
7.04 |