in € thousand

Goodwill

Insurance contract portfolio

Cost at 31/12/2013

567,646

175,942

Accumulated amortisation and impairment losses at 31/12/2013

–95,866

–137,548

Carrying amount at 31/12/2013

471,780

38,394

 

 

 

Cost as at 31/12/2014

572,951

169,340

Accumulated amortisation at 31/12/2014

–120,985

–131,246

Carrying amount at 31/12/2014

451,966

38,093

There were additions in 2014 in Croatia and Serbia – see also information on the basis of consolidation. An impairment loss of €25,000 thousand was recognised on the goodwill of the Romanian company UNIQA Asigurari S.A. (UNIQA International segment). This amount is included in item 14 amortisation of goodwill and impairment losses on the consolidated income statement.

in € thousand

Goodwill

Insurance contract portfolio

Accumulated amortisation at 31/12/2014

120,985

131,246

of which impairment losses

82,661

0

of which current amortisation

38,324

131,246

in € thousand

31/12/2014

Change in impairment in current year

25,000

of which recognised in profit or loss

25,000

Due to the continuing difficult market environment in Romania, the budget figures were revised, resulting in a need for impairment.

Goodwill per country

31/12/2014

31/12/2013

in € thousand

 

 

Austria

39,757

39,757

Germany

930

930

Italy

121,718

121,718

Western Europe (WE)

122,647

122,647

Czech Republic

7,647

7,733

Hungary

16,996

18,063

Poland

27,828

28,624

Slovakia

1,423

1,423

Central Europe (CE)

53,894

55,842

Romania

105,198

126,394

Ukraine

16,223

28,438

Eastern Europe (EE)

121,421

154,832

Albania

20,259

20,170

Bosnia and Herzegovina

1,887

1,887

Bulgaria

55,926

55,926

Croatia

16,578

384

Montenegro

81

81

Serbia

19,403

20,104

Cyprus

63

63

Southeastern Europe (SEE)

114,197

98,614

Russia (RU)

49

87

Total

451,966

471,780

Company acquisitions 2014

Amounts recognised at the time of acquisition

Carrying amount of the acquired companies

in € thousand

Assets

357,816

357,816

Property, plant and equipment

6,706

6,706

Investment property

9,835

9,835

Intangible assets

18,987

18,987

Investment in associates

0

0

Investments

298,986

298,986

Unit-linked and index-linked life insurance investments

4

4

Reinsurers' share of technical provisions

2,867

2,867

Receivables including insurance receivables

17,199

17,199

Income tax receivables

0

0

Deferred tax assets

131

131

Current bank balances and cash-in-hand

3,100

3,100

 

 

 

Equity and liabilities

357,816

357,816

Total equity

58,405

58,405

Subordinated liabilities

0

0

Technical provisions

283,375

283,375

Technical provisions for unit-linked and index-linked life insurance

4

4

Financial liabilities

0

0

Other provisions

136

136

Liabilities and other items classified as equity and liabilities

13,716

13,716

Income tax liabilities

0

0

Deferred tax liabilities

2,180

2,180

Currency difference at first entry

0

0

© UNIQA Group 2015