10 | Loans

	Book values
	31 Dec. 2006 € 000	31 Dec. 2005 € 000
1. Loans to affiliated companies	80	119
2. Loans to participating interests	792	792
3. Mortgage loans	178,956	172,604
4. Loans and advance payments on policies	15,400	15,472
5. Other loans	613,566	789,545
6. Registered bonds	225,248	178,891
Total	1,034,044	1,157,424

Remaining contractual term	Book values
	31 Dec. 2006 € 000	31 Dec. 2005 € 000
Infinite	2,184	1,855
Up to 1 year	204,544	284,636
Of more than 1 year up to 5 years	188,968	287,506
Of more than 5 years up to 10 years	431,477	389,711
More than 10 years	206,870	193,716
Total	1,034,044	1,157,424

	Market values
	31 Dec. 2006 € 000	31 Dec. 2005 € 000
1. Loans to affiliated companies	80	119
2. Loans to participating interests	792	792
3. Mortgage loans	178,956	172,604
4. Loans and advance payments on policies	15,400	15,472
5. Other loans	617,068	808,175
6. Registered bonds	225,248	178,891
Total	1,037,546	1,176,054

Remaining contractual term	Market values
	31 Dec. 2006 € 000	31 Dec. 2005 € 000
Infinite	2,184	1,855
Up to 1 year	204,585	286,666
Of more than 1 year up to 5 years	189,401	295,334
Of more than 5 years up to 10 years	434,505	398,439
More than 10 years	206,870	193,759
Total	1,037,546	1,176,054

11 | Other investments

	31 Dec. 2006 € 000	31 Dec. 2005 € 000
Other investments included:
Deposits with credit institutions	802,106	855,233
Deposits with ceding companies	105,678	97,627
Total	907,783	952,861

12 | Receivables incl. receivables under insurance business

			31 Dec. 2006 Group total € 000	31 Dec. 2005 Group total 000
I.	Reinsurance receivables
	1. Accounts receivable under reinsurance operations		36,298	56,849
			36,298	56,849
II.	Other receivables
	Receivables under the insurance business
	1. from policyholders		202,790	180,587
	2. from intermediaries		62,817	66,854
	3. from insurance companies		8,310	11,533
			273,917	258,974
	Other receivables
	Accrued interest and rent		221,679	208,082
	Other tax refund claims		28,648	44,698
	Receivables due from employees		3,709	4,236
	Other receivables		106,832	88,822
			360,867	345,839
Total other receivables			634,784	604,813
Subtotal			671,083	661,662
	Of which receivables with a remaining term of
		up to 1 year	657,315	635,946
		more than 1 year	13,767	25,717
			671,083	661,662
II.	Other assets
	Accruals		37,150	36,959
			37,150	36,959
Total receivables incl. receivables under insurance business			708,233	698,621

13 | Receivables from income tax

			31 Dec. 2006 Group total € 000	31 Dec. 2005 Group total € 000
Receivables from income tax			54,249	28,792
	of which receivables with a remaining term of
		up to 1 year	40,954	28,642
		more than 1 year	13,295	150

14 | Deferred tax assets

Cause of origin	31 Dec. 2006 Group total € 000	31 Dec. 2005 Group total € 000
Actuarial items	8,762	6,991
Social capital	54,585	53,026
Investments	2,583	0
Loss carried forward	5,052	5,520
Other	14,019	7,659
Total	85,000	73,197

15 | Subscribed capital

		31 Dec. 2006	31 Dec. 2005
Number of authorised and issued
	no-par shares	119,777,808	119,777,808
	of which fully paid up	119,777,808	119,777,808

The subscribed capital and capital reserves correspond to values >from the individual financial statements of UNIQA Versicherungen AG.

Unrealised capital gains and losses from the revaluation of investments available for sale affected the revaluation reserve, with deferred participation in profits (for life insurance) and deferred taxes taken into consideration.

In addition to the subscribed capital, UNIQA Versicherungen AG has at its disposal an authorised capital in the amount of € 50 million. The Annual General Meeting of 23 May 2005, extended the authorisation of the Management Board of UNIQA Versicherungen AG to increase the share capital, with the approval of the Supervisory Board, up to and including 30 June 2010.

In addition, the Management Board was authorised in the first, second and fourth Annual General Meetings to buy own shares in accordance with Section 65 paragraph 1 number 8 and paragraph 1a of the Austrian Stock Corporation Act, upon approval by the Supervisory Board. On 28 April 2004, the UNIQA Versicherungen AG Management Board decided to resell shares which had previously been bought back. This decision was approved by the Supervisory Board on 29 April 2004, and the share buy-back programme was suspended as the resale programme came into effect on 6 May 2004.

At the reporting date, own shares are accounted for as follows:

		31 Dec. 2006	31 Dec. 2005
Shares held by:
UNIQA Versicherungen AG
	Acquisition costs in € 000	2,561	2,561
	Number of shares	350,000	350,000
	Share of subscribed capital in %	0.29	0.29

In the performance figure “earnings per share”, the Group net profit is set against the average number of ordinary shares in circulation.

Earnings per share		2006	2005
Group net profit (in € 000)		151,900	107,760
	Of which accounts for ordinary shares (in € 000)	151,900	107,760
Own shares as at 31 Dec. 2006		350,000	350,000
Average number of shares in circulation		119,427,808	114,612,683
Profit per share (in €)*		1.27	0.94
Profit before taxes per share (in €)*		1.80	1.44
Profit per share*, adjusted for goodwill amortisation		1.34	1.04
Earnings from ordinary activities per share, adjusted for goodwill amortisation		2.07	1.76
Dividend per share		0.35**	0.26
* Calculated on the basis of the consolidated net profit for the year. ** Subject to the decision to be taken in the AGM.

The diluted result per share is equal to the undiluted result per share in the reporting year and in the previous year.

Change in the tax amounts included in the equity without affecting income	31 Dec. 2006 Group total € 000
Effective tax	0
Deferred tax	–14,837
Total	–14,837

16 | Minority interests

	31 Dec. 2006 Group total € 000	31 Dec. 2005 Group total € 000
In revaluation reserve	3,134	17,352
In net income for the year	23,165	25,581
In other equity	181,000	160,292
Total	207,299	203,226

17 | Subordinated liabilities

	31 Dec. 2006 Group total € 000	31 Dec. 2006 Group total € 000
Supplementary capital	475,000	325,000

In December 2002, Raiffeisen Versicherung AG, and in July 2003, UNIQA Versicherungen AG, UNIQA Personenversicherung AG and UNIQA Sachversicherung AG, issued partial debentures with a nominal value of €325 million for paid-up supplementary capital, according to Section 73 c paragraph 2 of the Austrian Insurance Supervisory Act. The partial debentures are valid for an unlimited time period. An ordinary or extraordinary notice of redemption to the issuer is not possible for at least five years. Subject to coverage in the annual net profit before the issuer’s movements in reserves, the interest to July 2013 will be 5.36%, except in the case of Raiffeisen Versicherung AG, where the interest to December 2012 will be 5.7%, plus a bonus interest payment of between 0.2% and 0.4% depending on sales profitability, and the increase in premiums in comparison to the whole market.

In December 2006, UNIQA Versicherungen AG issued bearer debentures with a face value of €150 million for deposited supplementary capital, according to article 73 c paragraph 2 of the Austrian Insurance Supervisory Act. According to the conditions of the bearer debentures, the deposited capital of UNIQA Versicherungen AG is agreed to remain at the company’s disposal for at least five years, with no ordinary or extraordinary cancellation possible. Interest is applied only insofar as this is covered in the net profit for the year of the issuer. The interest rate up to December 2016 is 5.079%.

18 | Unearned premiums

	31 Dec. 2006 Group total € 000	31 Dec. 2005 Group total € 000
Property and casualty insurance
Gross	374,948	337,908
Reinsurers’ share	–30,951	–29,222
	343,997	308,686
Health insurance
Gross	15,039	13,987
Reinsurers’ share	–80	–69
	14,959	13,918
Consolidated financial statements
Gross	389,987	351,896
Reinsurers’ share	–31,031	–29,291
Total (fully consolidated values)	358,956	322,605

19 | Actuarial provision

	31 Dec. 2006 Group total € 000	31 Dec. 2005 Group total € 000
Property and casualty insurance
Gross	44,800	53,093
Reinsurers’ share	–251	–2,861
	44,550	50,231
Life insurance
Gross	12,923,203	12,075,698
Reinsurers’ share	–382,186	–365,167
	12,541,017	11,710,531
Health insurance
Gross	1,974,470	1,841,369
Reinsurers’ share	–1,842	–1,976
	1,972,628	1,839,393
Consolidated financial statements
Gross	14,942,474	13,970,159
Reinsurers’ share	–384,279	–370,004
Total (fully consolidated values)	14,558,195	13,600,156

The interest rates used as an accounting basis were as follows:

For	Life insurance acc. to SFAS 120 %	Health insurance acc. to SFAS 60 %
2006
For actuarial provision	1.75–4.00	4.50 bzw, 5.50
For deferred acquisition costs	4.80	4.50 bzw, 5.50
2005
For actuarial provision	2.25–4.00	4.50 bzw, 5.50
For deferred acquisition costs	4.50–4.80	4.50 bzw, 5.50

20 | Provision for outstanding claims

	31 Dec. 2006 Group total € 000	31 Dec. 2005 Group total € 000
Property and casualty insurance
Gross	1,770,641	1,694,155
Reinsurers’ share	–312,033	–323,220
	1,458,607	1,370,935
Life insurance
Gross	100,756	91,607
Reinsurers’ share	–9,775	–10,693
	90,982	80,914
Health insurance
Gross	151,484	154,043
Reinsurers’ share	–759	–33
	150,725	154,010
Consolidated financial statements
Gross	2,022,881	1,939,806
Reinsurers’ share	–322,567	–333,946
Total (fully consolidated values)	1,700,314	1,605,860

The provision for outstanding claims (provisions for outstanding claims) developed in the property and casualty insurance as follows:

		31 Dec. 2006 Group total € 000	31 Dec. 2005 Group total € 000
1.	Provisions for outstanding claims as at 1 Jan.
	a. Gross	1,694,155	1,583,949
	b. Reinsurers’ share	–323,220	–320,031
	c. Retention	1,370,935	1,263,918
2.	Plus (retained) claims expenditures
	a. Losses of the current year	1,199,829	1,104,873
	b. Losses of the previous year	–147,719	–129,005
	c. Total	1,052,110	975,867
3.	Less (retained) losses paid
	a. Losses of the current year	–598,972	–542,058
	b. Losses of the previous year	–385,554	–331,431
	c. Total	–984,527	–873,489
4.	Foreign currency translation	5,280	3,733
5.	Change in consolidation scope	14,808	1,401
6.	Other changes	0	–495
7.	Provisions for outstanding claims as at 31 Dec.
	a. Gross	1,770,641	1,694,155
	b. Reinsurers’ share	–312,033	–323,220
	c. Retention	1,458,607	1,370,935

Claims payments	2001 € 000	2002 € 000	2003 € 000	2004 € 000	2005 € 000	2006 € 000	Total € 000
Financial year	484,734	573,623	541,069	534,560	580,829	618,734
One year later	758,469	905,224	829,750	834,530	895,217
Two years later	826,713	973,469	892,547	908,373
Three years later	854,016	1,003,317	921,149
Four years later	874,247	1,018,105
Five years later	884,304
Accumulated payments	884,304	1,018,105	921,149	908,373	895,217	618,734
Estimated final claims payments	933,181	1,065,557	1,007,919	1,040,556	1,126,831	1,201,690
Current balance sheet reserve	48,877	47,452	86,770	132,183	231,614	582,957	1,129,852
Balance sheet reserve for the claims years “2000 and before”:							349,448
							1,479,300
Plus other reserve components (internal claims regulation costs, etc.)							291,341
Provisions for outstanding claims (gross) as at 31 Dec. 2006							1,770,641