Consolidated Income Statement
from 1 January to 31 December 2012


Figures in € thousand

Notes

2012

2011

1)

The diluted earnings per share is equal to the undiluted earnings per share. Calculated on the basis of the consolidated profit.

1.

Premiums written (retained)

31

 

 

 

a)

Gross

 

4,864,151

4,900,239

 

b)

Reinsurers’ share

 

–213,504

–196,908

 

 

 

 

4,650,647

4,703,331

2.

Change due to premiums earned (retained)

 

 

 

 

a)

Gross

 

–18,435

–34,654

 

b)

Reinsurers’ share

 

–8,302

–3,715

 

 

 

 

–26,738

–38,369

3.

Premiums earned (retained)

32

 

 

 

a)

Gross

 

4,845,715

4,865,584

 

b)

Reinsurers’ share

 

–221,806

–200,623

 

 

 

 

4,623,909

4,664,962

4.

Income from fees and commissions

33

 

 

 

Reinsurance commission and profit shares from reinsurance business ceded

 

35,731

29,271

5.

Net investment income

34

791,546

201,818

 

 

of which profit from associated companies

 

19,053

1,934

6.

Other income

35

46,562

76,774

Total income

 

5,497,748

4,972,824

 

 

 

 

 

 

7.

Insurance benefits

36

 

 

 

a)

Gross

 

–3,873,806

–3,762,992

 

b)

Reinsurers’ share

 

115,261

105,091

 

 

 

 

–3,758,545

–3,657,901

8.

Operating expenses

37

 

 

 

a)

Acquisition costs

 

–955,802

–914,339

 

b)

Other operating expenses

 

–399,204

–527,715

 

 

 

 

–1,355,006

–1,442,054

9.

Other expenses

38

–122,954

–139,037

10.

Amortisation of goodwill

 

–24,937

–24,160

Total expenses

 

–5,261,442

–5,263,151

 

 

 

 

 

 

11.

Operating profit

 

236,306

–290,327

12.

Financing costs

 

–30,955

–31,975

13.

Profit on ordinary activities

 

205,351

–322,302

14.

Income taxes

39

–45,423

77,720

15.

Result from discontinued operations (after taxes)

 

9,873

733

16.

Net profit/loss

 

169,801

–243,849

 

 

of which consolidated profit/loss

 

130,225

–245,614

 

 

of which minority interests

 

39,575

1,765

 

 

 

 

 

 

Earnings per share1) (in €)

16

0.77

–1.73

Average number of shares in circulation

 

169,599,813

142,165,567

© UNIQA Group 2013