Profit and Loss Statement for the Year 2012.

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 2 286,621 x x
b) Premium ceded to reinsurers 3 9,460 277,161 x
c) Change in the gross balance of the reserve for unearned premium (+/−) 4 4,246 x x
d) Change in the balance of the reserve for unearned premium, net of reinsurers‘ share (+/−) 5 (22) 4,268 272,893
2. Income from financial placements (investments) transferred from non-technical account (item III.6.) 6 x x 15,952
3. Other technical income, net of reinsurance 7 x x 16,817
4. Costs of claims, net of reinsurance: 8 x x x
a) Costs of claims: 9 x x x
aa) Gross amount 10 50,985 x x
ab) Reinsurers‘ share 11 4,665 46,320 x
b) Change in the balance of the reserve for claims (+/−): 12 x x x
ba) Gross amount 13 (32,943) x x
bb) Reinsurers‘ share 14 (11,749) (21,195) 25,125
5. Change in the balance of other technical reserves, net of reinsurance (+/−) 15 x x (279)
6. Bonuses and discounts, net of reinsurance 16 x x 944
7. Net operating expenses: 17 x x x
a) Acquisition costs of insurance policies 18 x 66,358 x
b) Change in the balance of deferred acquisition costs (+/−) 19 x (1,950) x
c) Administrative overheads 20 x 49,407 x
d) Commission from reinsurers and shares of profit 21 x 0 113,816
8. Other technical costs, net of reinsurance 22 x x 44,067
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 121,989
II. TECHNICAL ACCOUNT – LIFE INSURANCE
1. Earned premium, net of reinsurance: 25 x x x
a) Gross premium written 26 x 5,862,149 x
b) Premium ceded to reinsurers 27 x 123,194 x
c) Change in the balance of the reserve for unearned premium, net of reinsurance (+/−) 28 x (382) 5,739,336
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 1,385,403 1,385,403 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 70,964 1,456,367
3. Additions to financial placements (investments) 36 x x 748,374
4. Other technical income, net of reinsurance 37 x x 52,116
5. Costs of claims, net of reinsurance: 38 x x x
a) Costs of claims: 39 x x x
aa) Gross amount 40 1,882,356 x x
ab) Reinsurers‘ share 41 4,992 1,877,364 x
b) Change in the balance of the reserve for claims (+/−): 42 x x x
ba) Gross amount 43 25,424 x x
bb) Reinsurers‘ share 44 516 24,908 1,902,272
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 3,230,495 x x
ab) Reinsurers‘ share 48 104,547 3,125,948 x
b) Change in the balance of other technical reserves, net of reinsurance 49 x 1,458,324 4,584,273
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 204,386 x
b) Change in the balance of deferred acquisition costs (+/−) 53 x (23,901) x
c) Administrative overheads 54 x 199,589 x
d) Commission from reinsurers and shares of profits 55 x 2,571 377,503
9. Costs of financial placements (investments): 56 x x x
a) Costs of administering financial placements (investments), including interest 57 x 502,132 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 70,964 573,097
10. Disposals of financial placements (investments) 60 x x 311,586
11. Other technical costs, net of reinsurance 61 x x 141,700
12. Income from financial placements (investments) transferred to non-technical account (item III.4.) 62 x x 71,750
13. Sub-total, balance (result) of the life insurance technical account (item III.2.) 63 x x 34,014
III. NON-TECHNICAL ACCOUNT
1. Result of the non-life insurance technical account (item I.10.) 64 x x 121,989
2. Result of the life insurance technical account (item II.13.) 65 x x 34,014
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 71,750
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 15,952
7. Other income 79 x x 6,443
8. Other expenses 80 x x 4,381
9. Income tax on current activities 81 x x 38,018
10. Profit or loss on current activities after taxation 82 x x 175,845
11. Extraordinary expenses 83 x x 0
12. Extraordinary income 84 x x 0
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 427
16. Profit or loss for the period (item III.3.) 88 x x 175,418

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