in EUR thousand |
Notes |
1.1. – 31.12.2014 |
1.1. – 31.12.2013 |
Gross written premium |
7.1 |
14,361,801 |
13,963,409 |
Ceded written premium |
|
1,781,064 |
1,542,921 |
Change in gross unearned premium |
|
(154,362) |
(203,238) |
Change in ceded unearned premium |
|
(3,294) |
9,414 |
Net premium earned |
|
12,423,081 |
12,226,664 |
Ordinary investment income |
7.2 |
1,068,361 |
1,041,318 |
Profit / loss from investments in associated companies |
7.2 |
1,042 |
12,536 |
Realised gains and losses on investments |
7.2 |
182,453 |
144,151 |
Change in fair value of financial instruments |
7.2 |
(33,257) |
(27,136) |
Total depreciation, impairments and appreciation of investments |
7.2 |
27,558 |
19,098 |
Other investment expenses |
7.2 |
95,256 |
97,309 |
Net income from investments under own management |
|
1,095,785 |
1,054,462 |
Income / expense on funds withheld and contract deposits |
7.2 |
376,056 |
357,348 |
Net investment income |
|
1,471,841 |
1,411,810 |
Other technical income |
7.3 |
1,641 |
1,907 |
Total revenues |
|
13,896,563 |
13,640,381 |
Claims and claims expenses |
7.3 |
9,464,172 |
9,127,546 |
Change in benefit reserves |
7.3 |
28,625 |
146,691 |
Commission and brokerage, change in deferred acquisition costs |
7.3 |
2,579,368 |
2,690,173 |
Other acquisition costs |
|
4,878 |
5,608 |
Other technical expenses |
7.3 |
7,461 |
7,874 |
Administrative expenses |
7.3 |
363,859 |
333,674 |
Total technical expenses |
|
12,448,363 |
12,311,566 |
Other income and expenses |
7.4 |
18,190 |
(99,753) |
Operating profit / loss (EBIT) |
|
1,466,390 |
1,229,062 |
Interest on hybrid capital |
6.12 |
95,720 |
126,670 |
Net income before taxes |
|
1,370,670 |
1,102,392 |
Taxes |
7.5 |
305,563 |
163,143 |
Net income |
|
1,065,107 |
939,249 |
thereof |
|
|
|
Non-controlling interest in profit and loss |
6.14 |
79,458 |
43,782 |
Group net income |
|
985,649 |
895,467 |
Earnings per share (in EUR) |
8.5 |
|
|
Basic earnings per share |
|
8.17 |
7.43 |
Diluted earnings per share |
|
8.17 |
7.43 |