30 | Premiums written
1. |
Property and casualty insurance |
2,157,697 |
1,996,674 |
2. |
Health insurance |
907,375 |
888,902 |
3. |
Life insurance |
1,393,344 |
1,577,346 |
Total (fully consolidated values) |
4,458,416 |
4,462,923 |
Of which written in: |
|
|
1. |
Austria |
3,036,834 |
3,071,160 |
2. |
Other member states of the EU and other signatory
states of the Treaty on the European Economic Area |
1,271,167 |
1,280,195 |
3. |
Other countries |
150,415 |
111,568 |
Total (fully consolidated values) |
4,458,416 |
4,462,923 |
1. |
Property and casualty insurance |
40,052 |
40,473 |
2. |
Health insurance |
384 |
898 |
3. |
Life insurance |
29,037 |
27,844 |
Total (fully consolidated values) |
69,473 |
69,214 |
Total (fully consolidated values) |
4,527,889 |
4,532,137 |
Direct business |
|
|
Fire and business interruption insurance |
179,233 |
166,131 |
Household insurance |
166,501 |
157,768 |
Other property insurance |
203,727 |
188,244 |
Motor TPL insurance |
554,404 |
511,755 |
Other motor insurance |
373,768 |
335,076 |
Casualty insurance |
240,664 |
224,076 |
Liability insurance |
219,831 |
210,712 |
Legal expenses insurance |
49,568 |
44,663 |
Marine, aviation and transport insurance |
102,136 |
100,525 |
Other insurance |
67,865 |
57,725 |
Total |
2,157,697 |
1,996,674 |
|
|
|
Indirect business |
|
|
Marine, aviation and transport insurance |
2,407 |
2,529 |
Other insurance |
37,645 |
37,943 |
Total |
40,052 |
40,473 |
|
|
|
Total direct and indirect business
(fully consolidated values) |
2,197,749 |
2,037,147 |
Property and casualty insurance |
307,547 |
293,678 |
Health insurance |
1,397 |
1,085 |
Life insurance |
79,505 |
77,603 |
Total (fully consolidated values) |
388,449 |
372,366 |
31 | Premiums earned
1. |
Property and casualty insurance |
1,858,355 |
1,715,604 |
|
Gross |
2,160,721 |
2,008,241 |
|
Reinsurers share |
302,366 |
292,637 |
2. |
Health insurance |
905,623 |
886,672 |
|
Gross |
907,028 |
887,746 |
|
Reinsurers share |
1,405 |
1,074 |
3, |
Life insurance |
1,342,399 |
1,527,391 |
|
Gross |
1,421,897 |
1,604,998 |
|
Reinsurers share |
79,498 |
77,607 |
Total (fully consolidated values) |
4,106,377 |
4,129,666 |
Property and casualty insurance |
39,969 |
41,155 |
Posted immediately |
10,457 |
10,836 |
Posted after up to one year |
29,512 |
30,318 |
Posted after more than one year |
0 |
0 |
|
|
|
Health insurance |
384 |
898 |
Posted immediately |
384 |
495 |
Posted after up to one year |
0 |
0 |
Posted after more than one year |
0 |
0 |
|
|
|
Life insurance |
29,037 |
27,844 |
Posted immediately |
4,131 |
5,452 |
Posted after up to one year |
24,906 |
22,339 |
Posted after more than one year |
0 |
53 |
|
|
|
Total (fully consolidated values) |
69,391 |
69,896 |
Property and casualty insurance |
7,880 |
11,985 |
Health insurance |
52 |
137 |
Life insurance |
1,391 |
866 |
Total (fully consolidated values) |
9,218 |
12,714 |
32 | Income from fees and provisions
Property and casualty insurance |
59,842 |
59,539 |
Health insurance |
106 |
122 |
Life insurance |
11,478 |
21,203 |
Total (fully consolidated values) |
71,426 |
80,865 |
34 | Other income
a) |
Other actuarial income |
13,247 |
18,771 |
|
Property and casualty insurance |
10,858 |
15,538 |
|
Health insurance |
516 |
2,558 |
|
Life insurance |
1,874 |
675 |
b) |
Other non-actuarial income |
22,263 |
19,534 |
|
Property and casualty insurance |
16,461 |
14,443 |
|
Health insurance |
530 |
4,435 |
|
Life insurance |
5,272 |
655 |
|
|
of which |
|
|
|
|
|
Services rendered |
7,619 |
7,312 |
|
|
|
Changes in exchange rates |
4,350 |
3,629 |
|
|
|
Other |
10,294 |
8,593 |
c) |
Other income |
1,621 |
3,579 |
|
From foreign currency conversion |
1,629 |
2,967 |
|
From other |
–9 |
612 |
Total (fully consolidated values) |
37,131 |
41,884 |
35 | Insurance benefits
Property and casualty insurance |
Expenditure for claims |
|
Claims paid |
|
Change in provision for outstanding claims |
Total |
Change in actuarial provision |
Change in other actuarial provisions |
Expenditure for profit-unrelated and
profit-related premium refunds |
Total amount of benefits |
|
Health insurance |
Expenditure for claims |
|
Claims paid |
|
Change in provision for outstanding claims |
Total |
Change in actuarial provision |
Change in other actuarial provisions |
Expenditure for profit-unrelated and
profit-related premium refunds |
Total amount of benefits |
|
Life insurance |
Expenditure for claims |
|
Claims paid |
|
Change in provision for outstanding claims |
Total |
Change in actuarial provision |
Change in other actuarial provisions |
Expenditure for profit-unrelated and
profit-related premium refunds and/or
(deferred) profit participation |
Total amount of benefits |
|
Total (fully consolidated values) |
|
|
36 | Operating expenses
Property and casualty insurance |
|
|
a) |
Acquisition costs |
|
|
|
Payments |
455,648 |
424,170 |
|
Change in deferred acquisition costs |
–10,356 |
-12,342 |
b) |
Other operating expenses |
220,234 |
216,582 |
|
|
665,527 |
628,410 |
Health insurance |
|
|
a) |
Acquisition costs |
|
|
|
Payments |
86,806 |
86,845 |
|
Change in deferred acquisition costs |
–816 |
64 |
b) |
Other operating expenses |
43,301 |
49,878 |
|
|
129,290 |
136,787 |
Life insurance |
|
|
a) |
Acquisition costs |
|
|
|
Payments |
269,870 |
252,282 |
|
Change in deferred acquisition costs |
–7,492 |
-42,576 |
b) |
Other operating expenses |
69,909 |
72,902 |
|
|
332,287 |
282,608 |
Total (fully consolidated values) |
1,127,104 |
1,047,805 |
37 | Other expenses
a) |
Other actuarial expenses |
58,586 |
74,391 |
|
Property and casualty insurance |
20,119 |
33,129 |
|
Health insurance |
2,773 |
5,101 |
|
Life insurance |
35,694 |
36,161 |
b) |
Other non-actuarial expenses |
26,875 |
27,009 |
|
Property and casualty insurance |
24,316 |
23,513 |
|
Health insurance |
513 |
565 |
|
Life insurance |
2,047 |
2,931 |
of which |
|
|
|
Services rendered |
1,391 |
2,155 |
|
Exchange rate losses |
6,703 |
8,821 |
|
Motor vehicle registration |
6,603 |
6,404 |
|
Other |
12,178 |
9,629 |
c) |
Other expenses |
1,107 |
5,623 |
|
For foreign currency translation |
469 |
304 |
|
For other |
638 |
5,320 |
Total (fully consolidated values) |
86,569 |
107,024 |
38 | Tax expenditure
Actual tax in reporting year |
33,052 |
52,218 |
Actual tax in previous year |
–9,600 |
9,086 |
Deferred tax |
47,811 |
2,117 |
Total (fully consolidated values) |
71,263 |
63,422 |
A. |
Profit from ordinary activities |
340,256 |
238,487 |
|
|
|
B. |
Anticipated tax expenditure
(A * Group tax rate) |
85,206 |
85,206 |
|
Adjusted by tax effects from |
|
|
|
1) Tax-free investment income |
–7,191 |
-10,943 |
|
2) Other |
–6,752 |
14,742 |
|
|
Amortisation of goodwill |
4,622 |
91 |
|
|
Non-deductible expenses /other tax-exempt income |
–3,446 |
1,406 |
|
|
Changes /deviations in tax rates |
–6,028 |
–45 |
|
|
Deviations in tax rates |
6,336 |
370 |
|
|
Taxes previous year |
–9,600 |
9,086 |
|
|
Lapse of loss carried forward and other |
1,364 |
3,849 |
|
|
|
C. |
Income tax expenditure |
71,263 |
63,422 |
Average effective tax burden in % |
20,9 |
26,6 |
In principle, the expected Group income tax rate 25% applied to all segments.
To the extent that the minimum taxation is applied in life insurance
at an assumed profit participation of 85%, a different corporate tax
rate applies here. |