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CONSOLIDATED INCOME STATEMENT FOR THE PERIOD FROM 1 JANUARY 2009 TO 31 DECEMBER 2009 | |||
|
Notes |
2009 |
2008 |
in EUR '000 |
|
|
|
Premiums |
|
| |
Premiums written - gross |
|
8,019,281 |
7,898,866 |
Premiums written - reinsurers´ share |
|
-731,418 |
-857,105 |
Premiums written - retention |
|
7,287,863 |
7,041,761 |
Change in unearned premiums - gross |
|
2,362 |
-81,279 |
Change in unearned premiums - reinsurers' share |
|
-47,946 |
1,123 |
Net earned premiums - retention |
|
7,242,279 |
6,961,605 |
Financial result excluding at equity consolidated companies |
|
| |
Income from investments |
|
1,787,914 |
2,187,382 |
Expenses for investments and interest expenses |
|
-857,949 |
-1,273,451 |
Total financial result excluding at equity consolidated companies |
|
929,965 |
913,931 |
Result from shares in at equity consolidated companies |
-843 |
4,205 | |
Other income |
124,986 |
127,457 | |
Expenses for claims and insurance benefits |
|
| |
Expenses for claims and insurance benefits - gross |
|
-6,338,424 |
-6,213,585 |
Expenses for claims and insurance benefits - reinsurers' share |
|
461,266 |
606,228 |
Total expenses for claims and insurance benefits |
|
-5,877,158 |
-5,607,357 |
Operating expenses |
|
| |
Acquisition expenses |
|
-1,389,458 |
-1,375,963 |
Other administrative expenses |
|
-370,177 |
-373,126 |
Reinsurance commissions |
|
110,212 |
186,969 |
Total operating expenses |
|
-1,649,423 |
-1,562,120 |
Other expenses |
-328,560 |
-296,924 | |
Profit before taxes |
|
441,246 |
540,797 |
Tax expense |
-77,533 |
-98,454 | |
Profit of the period |
|
363,713 |
442,343 |
thereof attributable to VIENNA INSURANCE GROUP shareholders |
|
340,486 |
408,533 |
thereof minority interests in net profit of the period |
23,227 |
33,810 | |
|
|
|
|
Earnings per share |
|
| |
Undiluted = diluted earnings per share (in EUR) |
|
2.66 |
3.41 |