Profit and Loss Account for the Year Ending 31 December 2011

CZK thousand Row No.
b
Base
1
Sub-total
2
Result
3
I. TECHNICAL ACCOUNT - NON-LIFE INSURANCE
1. Earned premium, net of reinsurance: 1 x x x
a) Gross premium written 2 257,522 x x
b) Premium ceded to reinsurers 3 8,709 248,813 x
c) Change in the gross balance of the reserve for unearned premium (+/-) 4 9,088 x x
d) Change in the balance of the reserve for unearned premium, net of reinsurers' share (+/-) 5 15 9,073 239,739
2. Income from financial placements (investments) transferred from non-technical account (item III.6.) 6 x x 16,582
3. Other technical income, net of reinsurance 7 x x 6,735
4. Costs of claims, net of reinsurance: 8 x x x
a) Costs of claims: 9 x x x
aa) Gross amount 10 33,047 x x
ab) Reinsurers' share 11 7,103 25,944 x
b) Change in the balance of the reserve for claims (+/-): 12 x x x
ba) Gross amount 13 (12,987) x x
bb) Reinsurers' share 14 (2,919) (10,068) 15,876
5. Change in the balance of other technical reserves, net of reinsurance (+/-) 15 x x (91)
6. Bonuses and discounts, net of reinsurance 16 x x 770
7. Net operating expenses: 17 x x x
a) Acquisition costs of insurance policies 18 x 79,738 x
b) Change in the balance of deferred acquisition costs (+/-) 19 x (6,734) x
c) Administrative overheads 20 x 44,593 x
d) Commission from reinsurers and shares of profit 21 x 0 117,598
8. Other technical costs, net of reinsurance 22 x x 19,877
9. Change in the balance of the equalisation reserve (+/-) 23 x x 0
10. Sub-total, balance (result) of the non-life insurance technical account (item III.1.) 24 x x 109,027
II. TECHNICAL ACCOUNT - LIFE INSURANCE
1. Earned premium, net of reinsurance: 25 x x x
a) Gross premium written 26 x 6,593,375 x
b) Premium ceded to reinsurers 27 x 13,826 x
c) Change in the balance of the reserve for unearned premium, net of reinsurance (+/-) 28 x (72) 6,579,620
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 1,184,694 1,184,694 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 353,784 1,538,478
3. Additions to financial placements (investments) 36 x x 185,516
4. Other technical income, net of reinsurance 37 x x 48,276
5. Costs of claims, net of reinsurance: 38 x x x
a) Costs of claims: 39 x x x
aa) Gross amount 40 1,893,290 x x
ab) Reinsurers' share 41 3,591 1,889,699 x
b) Change in the balance of the reserve for claims (+/-): 42 x x x
ba) Gross amount 43 6,701 x x
bb) Reinsurers' share 44 (127) 6,828 1,896,527
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 3,042,134 x x
ab) Reinsurers' share 48 0 3,042,134 x
b) Change in the balance of other technical reserves, net of reinsurance 49 x 1,506,031 4,548,165
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 185,524 x
b) Change in the balance of deferred acquisition costs (+/-) 53 x (18,931) x
c) Administrative overheads 54 x 208,577 x
d) Commission from reinsurers and shares of profits 55 x 1,959 373,211
9. Costs of financial placements (investments): 56 x x x
a) Costs of administering financial placements (investments), including interest 57 x 379,802 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 354,773 734,575
10. Disposals of financial placements (investments) 60 x x 460,853
11. Other technical costs, net of reinsurance 61 x x 129,580
12. Income from financial placements (investments) transferred to non-technical account (item III.4.) 62 x x 69,014
13. Sub-total, balance (result) of the life insurance technical account (item III.2.) 63 x x 139,964
III. NON-TECHNICAL ACCOUNT        
1. Result of the non-life insurance technical account (item I.10.) 64 x x 109,027
2. Result of the life insurance technical account (item II.13.) 65 x x 139,964
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 69,014
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 16,582
7. Other income 79 x x 21,388
8. Other expenses 80 x x 17,723
9. Income tax on current activities 81 x x 53,810
10. Profit or loss on current activities after taxation 82 x x 251,277
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 232
16. Profit or loss for the period (item III.3.) 88 x x 251,046