Profit and Loss Account for the year ending 31 December 2010

CZK thousand Row No. Base Sub-total Result
I. TECHNICAL ACCOUNT – NON-LIFE INSURANCE
1. Earned premium, net of reinsurance 1 x x x
a) Gross premium written 2 292,379 x x
b) Premium ceded to reinsurers 3 9,279 283,100 x
c) Change in the gross balance of the reserve for unearned premium (+/−) 4 4,825 x x
d) Change in the balance of the reserve for unearned premium, net of reinsurers’ share (+/−) 5 −61 4,886 278,214
2. Income from financial placements (investments) transferred from non-technical account (item III.6.) 6 x x 16,473
3. Other technical income, net of reinsurance 7 x x 1,385
4. Costs of claims, net of reinsurance 8 x x x
a) Costs of claims: 9 x x x
aa) Gross amount 10 38,609 x x
ab) Reinsurers’ share 11 6,165 32,444 x
b) Change in the balance of the reserve for claims (+/−): 12 x x x
ba) Gross amount 13 −22,445 x x
bb) Reinsurers’ share 14 −27,803 5,357 37,801
5. Change in the balance of other technical reserves, net of reinsurance (+/−) 15 x x −5,092
6. Bonuses and discounts, net of reinsurance 16 x x 6,206
7. Net operating expenses 17 x x x
a) Acquisition costs of insurance policies 18 x 76,927 x
b) Change in the balance of deferred acquisition costs (+/−) 19 x −3,056 x
c) Administrative overheads 20 x 35,921 x
d) Commission from reinsurers and shares of profit 21 x 9 109,782
8. Other technical costs, net of reinsurance 22 x x 43,363
9. Change in the balance of the equalisation reserve (+/−) 23 x x −39,435
10. Sub-total, balance (result) of the non-life insurance technical account (item III.1.) 24 x x 143,444
           
II. TECHNICAL ACCOUNT – LIFE INSURANCE
1. Earned premium, net of reinsurance 25 x x x
a) Gross premium written 26 x 8,689,260 x
b) Premium ceded to reinsurers 27 x 9,662 x
c) Change in the balance of the reserve for unearned premium, net of reinsurance (+/−) 28 x 4,033 8,675,565
2. Income from financial placements (investments): 29 x x x
a) Income from equity investments, with a special mention of income from controlled entities 30 x 0 x
b) Income from other financial placements (investments) with a special mention of income from controlled entities, of which: 31 x x x
ba) Income from land and buildings (real estate) 32 0 x x
bb) Income from other investments 33 960,148 960,148 x
c) Change in the value of financial placements (investments) 34 x 0 x
d) Income from the realisation of financial placements (investments) 35 x 382,592 1,342,739
3. Additions to financial placements (investments) 36 x x 71,715
4. Other technical income, net of reinsurance 37 x x 123,331
5. Costs of claims, net of reinsurance 38 x x x
a) Costs of claims: 39 x x x
aa) Gross amount 40 1,782,406 x x
ab) Reinsurers’ share 41 1,606 1,780,800 x
b) Change in the balance of the reserve for claims (+/−): 42 x x x
ba) Gross amount 43 −138,522 x x
bb) Reinsurers’ share 44 −433 −138,089 1,642,711
6. Change in the balance of other technical reserves, net of reinsurance (+/−) 45 x x x
a) Change in the balance of the life insurance reserve: 46 x x x
aa) Change in the gross balance 47 5,081,275 x x
ab) Reinsurers’ share 48 0 5,081,275 x
b) Change in the balance of other technical reserves, net of reinsurance 49 x 2,129,864 7,211,138
7. Bonuses and discounts, net of reinsurance 50 x x
8. Net operating expenses 51 x x x
a) Acquisition costs of insurance policies 52 x 184,946 x
b) Change in the balance of deferred acquisition costs (+/−) 53 x −1,118 x
c) Administrative overheads 54 x 202,257 x
d) Commission from reinsurers and shares of profits 55 x 2,111 383,974
9. Costs of financial placements (investments) 56 x x x
a) Costs of administering financial placements (investments), including interest 57 x 229,100 x
b) Change in the balance of financial placements (investments) 58 x 0 x
c) Costs attributable to the realisation of financial placements (investments) 59 x 402,653 631,754
10. Disposals of financial placements (investments) 60 x x 145,506
11. Other technical costs, net of reinsurance 61 x x 167,671
12. Income from financial placements (investments) transferred to non-technical account
(item III.4.)
62 x x 77,100
13. Sub-total, balance (result)+A25 of the life insurance technical account (item III.2.) 63 x x −46,504
           
III. NON-TECHNICAL ACCOUNT
1. Result of the non-life insurance technical account (item I.10.) 64 x x 143,444
2. Result of the life insurance technical account (item II.13.) 65 x x −46,504
3. Income from financial placements (investments) 66 x x x
a) Income from equity investments, with a special mention of income from controlled entities 67 x x
b) Income from other financial placements (investments) with a special mention of income from controlled entities, of which: 68 x x x
ba) Income from land and buildings (real estate) 69 0 x x
bb) Income from other investments 70 0 0 x
c) Change in the balance of financial placements (investments) 71 x 0 x
d) Income from the realisation of financial placements (investments) 72 x 0 0
4. Income from financial placements (investments) transferred from the life insurance technical account (item II.12.) 73 x x 77,100
5. Costs of financial placements (investments) 74 x x x
a) Costs of administering financial placements (investments), including interest 75 x 0 x
b) Change in the balance of financial placements (investments) 76 x 0 x
c) Costs attributable to the realisation of financial placements (investments) 77 x 0 0
6. Income from financial placements (investments) transferred to the non-life insurance
technical account (item I.2.)
78 x x 16,473
7. Other income 79 x x 6,159
8. Other expenses 80 x x 4,972
9. Income tax on current activities 81 x x 19,606
10. Profit or loss on current activities after taxation 82 x x 139,148
11. Extraordinary expenses 83 x x
12. Extraordinary income 84 x x
13. Extraordinary profit or loss 85 x x 0
14. Income tax on extraordinary activities 86 x x 0
15. Other taxes not reported above 87 x x 32
16. Profit or loss for the period (item III.3.) 88 x x 139,116