11. Assets and liabilities in disposal groups held for sale

In this situation, sales related to the measures taken were concluded in conjunction with the UNIQA 2.0 strategy programme.

Based on the contract of assignment dated 28 July 2015, the approximately 29 per cent stake in Medial Beteiligungs-Gesellschaft mbH (Vienna) (Medial) is recognised below.

The Group Management Board decided on 2 December 2016 to sell the 99.7 per cent holding in the Group company UNIQA Assicurazioni S.p.A. (Italian Group). Assets and liabilities are recorded under assets and liabilities in disposal groups that are classified as held for sale.

Reference is made here to the statements under note 2.4.

The following table shows the assets and liabilities in disposal groups held for sale:

In € thousand

Medial

Italian Group

31/12/2016

31/12/2015

Assets

 

 

 

 

Property, plant and equipment

0

21,743

21,743

0

Investment property

0

1,354

1,354

0

Intangible assets

0

112,003

112,003

0

Financial assets accounted for using the equity method

9,289

0

9,289

9,289

Investments

0

4,156,674

4,156,674

0

Unit-linked and index-linked life insurance investments

0

354,215

354,215

0

Reinsurers’ share of technical provisions

0

206,860

206,860

0

Receivables, including insurance receivables

0

163,135

163,135

0

Income tax receivables

0

16,719

16,719

0

Deferred tax assets

0

19,039

19,039

0

Cash and cash equivalents

0

12,697

12,697

0

Assets in disposal groups held for sale

9,289

5,064,439

5,073,729

9,289

In € thousand

Medial

Italian Group

31/12/2016

31/12/2015

Liabilities

 

 

 

 

Technical provisions

0

4,213,530

4,213,530

0

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

0

354,215

354,215

0

Other provisions

0

10,999

10,999

0

Liabilities and other items classified as liabilities

0

231,068

231,068

0

Income tax liabilities

0

7,641

7,641

0

Deferred tax liabilities

0

44,775

44,775

0

Liabilities in disposal groups held for sale

0

4,862,227

4,862,227

0