Consolidated income statement by business lines and regions

Premiums written – gross

4,579,297

4,350,042

3,944,217

3,904,807

360,151

338,163

8,883,665

8,593,012

Net earned premiums

3,844,750

3,644,326

3,916,099

3,875,751

361,968

340,289

8,122,817

7,860,366

Financial result excl. at equity consolidated companies

193,939

172,949

687,443

919,742

39,223

18,732

920,605

1,111,423

Result from shares in at equity consolidated companies

8,100

5,253

2,904

-240

0

0

11,004

5,013

Other income

72,128

61,697

43,206

31,416

26

726

115,360

93,839

Expenses for claims and insurance benefits

-2,531,267

-2,437,527

-3,695,786

-3,821,224

-308,912

-282,597

-6,535,965

-6,541,348

Acquisition and administrative expenses

-1,080,679

-1,046,793

-628,468

-672,881

-43,505

-40,203

-1,752,652

-1,759,877

Other expenses

-235,463

-177,187

-85,587

-84,100

-1,111

-340

-322,161

-261,627

Profit before taxes

271,508

222,718

239,811

248,464

47,689

36,607

559,008

507,789

Premiums written – gross

4,042,221

4,041,135

1,848,856

1,756,539

678,834

647,871

954,073

747,693

Net earned premiums

3,634,571

3,701,866

1,722,303

1,615,565

617,377

594,384

889,060

682,878

Financial result excl. at equity consolidated companies

612,363

787,155

125,493

120,014

44,209

42,529

44,968

55,188

Result from shares in at equity consolidated companies

8,998

5,685

2,006

-672

0

0

0

0

Other income

29,143

30,545

37,944

21,127

6,960

7,885

8,307

6,137

Expenses for claims and insurance benefits

-3,291,098

-3,593,508

-1,195,543

-1,123,980

-478,931

-467,082

-651,008

-454,848

Acquisition and administrative expenses

-623,321

-648,765

-425,424

-395,435

-97,113

-92,199

-242,425

-254,131

Other expenses

-79,074

-32,094

-77,060

-69,287

-35,272

-48,202

-11,130

-11,041

Profit before taxes

291,582

250,884

189,719

167,332

57,230

37,315

37,772

24,183

Romania

Remaining markets

Total

2011

2010

2011

2010

2011

2010

in EUR '000

Premiums written – gross

502,869

528,050

856,812

871,724

8,883,665

8,593,012

Net earned premiums

491,130

480,631

768,376

785,042

8,122,817

7,860,366

Financial result excl. at equity consolidated companies

22,996

41,150

70,576

65,387

920,605

1,111,423

Result from shares in at equity consolidated companies

0

0

0

0

11,004

5,013

Other income

17,385

14,248

15,621

13,897

115,360

93,839

Expenses for claims and insurance benefits

-380,142

-324,686

-539,243

-577,244

-6,535,965

-6,541,348

Acquisition and administrative expenses

-142,398

-152,204

-221,971

-217,143

-1,752,652

-1,759,877

Other expenses

-21,798

-30,626

-97,827

-70,377

-322,161

-261,627

Profit before taxes

-12,827

28,513

-4,468

-438

559,008

507,789