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Assets |
Notes |
31 Dec. 2009 |
31 Dec. 2008 |
1 Jan. 2008 |
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A. Tangible assets |
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I. Self-used land and buildings |
1 [PDF] |
230,077 |
220,565 |
227,187 |
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II. other tangible assets |
2 [PDF] |
132,447 |
113,412 |
138,030 |
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362,524 |
333,977 |
365,218 |
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B. Land and buildings held as financial investments |
3 [PDF] |
1,433,091 |
1,147,634 |
1,014,259 |
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C. Intangible assets |
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I. Deferred acquisition costs |
4 [PDF] |
877,394 |
872,003 |
873,462 |
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II. Goodwill |
5 [PDF] |
607,191 |
500,969 |
293,458 |
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III. Other intangible assets |
6 [PDF] |
31,875 |
34,424 |
39,273 |
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1,516,459 |
1,407,396 |
1,206,193 |
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D. Shares in associated companies |
7 [PDF] |
717,163 |
851,382 |
506,654 |
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E. Investments |
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I. Variable-yield securities |
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1. Available for sale |
9 [PDF] |
1,321,142 |
1,397,749 |
2,909,384 |
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2. At fair value through profit or loss |
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706,219 |
948,998 |
975,953 |
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2,027,361 |
2,346,747 |
3,885,337 |
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II. Fixed interest securities |
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1. Held to maturity |
8 [PDF] |
340,000 |
448,957 |
0 |
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2. Available for sale |
9 [PDF] |
9,879,620 |
8,605,679 |
11,132,745 |
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3. At fair value through profit or loss |
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246,936 |
271,468 |
496,638 |
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10,466,556 |
9,326,105 |
11,629,383 |
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III. Loans and other investments |
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1. Loans |
11 [PDF] |
2,943,107 |
3,201,817 |
982,480 |
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2. Cash at credit institutions |
12 [PDF] |
1,201,925 |
1,457,298 |
649,313 |
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3. Deposits with ceding companies |
12 [PDF] |
136,149 |
129,405 |
118,908 |
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4,281,180 |
4,788,519 |
1,750,700 |
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IV. Derivative financial instruments |
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1. Variable-yield |
10 [PDF] |
3,606 |
15,898 |
17,977 |
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2. Fixed interest |
10 [PDF] |
8,252 |
3,179 |
42,252 |
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11,858 |
19,077 |
60,228 |
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16,786,955 |
16,480,448 |
17,325,648 |
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F. Investments held on account and at risk of life insurance policyholders |
24 [PDF] |
3,473,553 |
2,642,462 |
2,470,340 |
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G. Share of reinsurance in technical provisions |
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I. Provision for unearned premiums |
19 [PDF] |
20,341 |
26,853 |
6,168 |
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II. Actuarial provision |
20 [PDF] |
448,599 |
431,387 |
408,653 |
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III. Provision for outstanding claims |
21 [PDF] |
293,762 |
265,344 |
321,507 |
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IV. Provision for profit-unrelated premium refunds |
22 [PDF] |
99 |
225 |
365 |
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V. Provision for profit-related premium refunds, i.e. policyholder profit sharing |
22 [PDF] |
0 |
0 |
0 |
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VI. Other technical provisions |
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3,649 |
5,529 |
3,029 |
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23 [PDF] |
766,450 |
729,338 |
739,722 |
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H. Share of reinsurance in technical provisions held on account and at risk of life insurance policyholders |
24 [PDF] |
382,338 |
382,480 |
346,868 |
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I. Receivables including receivables under insurance business |
13 [PDF] |
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I. Reinsurance receivables |
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52,558 |
46,766 |
67,795 |
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II. Other receivables |
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916,653 |
835,119 |
695,198 |
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III. Other assets |
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50,690 |
50,432 |
43,383 |
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1,019,902 |
932,317 |
806,377 |
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J. Receivables from income tax |
14 [PDF] |
40,348 |
54,077 |
51,253 |
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K. Deferred tax assets |
15 [PDF] |
96,295 |
69,096 |
77,055 |
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L. Liquid funds |
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797,658 |
567,853 |
647,133 |
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Total assets |
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27,392,735 |
25,598,461 |
25,556,720 |
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Equity and liabilities |
Notes |
31 Dec. 2009 |
31 Dec. 2008 |
1 Jan. 2008 |
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A. Total equity |
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I. Shareholders' equity |
16 [PDF] |
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1. Subscribed capital and capital reserves |
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540,681 |
390,681 |
206,305 |
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2. Revenue reserves |
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724,523 |
809,227 |
885,532 |
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3. Revaluation reserves |
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10,600 |
11,570 |
184,506 |
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4. Group total profit |
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57,258 |
53,190 |
60,037 |
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1,333,063 |
1,264,668 |
1,336,380 |
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II. Minority interests in shareholders' equity |
17 [PDF] |
231,720 |
194,108 |
195,843 |
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1,564,782 |
1,458,776 |
1,532,223 |
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B. Subordinated liabilities |
18 [PDF] |
575,000 |
580,544 |
575,000 |
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C. Technical provisions |
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I. Provision for unearned premiums |
19 [PDF] |
552,569 |
521,637 |
428,251 |
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II. Actuarial provision |
20 [PDF] |
16,055,368 |
15,601,625 |
15,166,700 |
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III. Provision for outstanding claims |
21 [PDF] |
2,299,943 |
2,175,342 |
2,161,560 |
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IV. Provision for profit-unrelated premium refunds |
22 [PDF] |
47,588 |
46,135 |
48,231 |
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V. Provision for profit-related premium refunds, i.e. policyholder profit sharing |
22 [PDF] |
196,565 |
–5,229 |
389,696 |
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VI. Other technical provisions |
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47,677 |
49,452 |
38,492 |
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23 [PDF] |
19,199,710 |
18,388,962 |
18,232,930 |
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D. Technical provisions for life insurance policies held on account and at risk of life insurance policyholders |
24 [PDF] |
3,416,231 |
2,579,997 |
2,412,937 |
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E. Financial liabilities |
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I. Liabilities from loans |
25 [PDF] |
55,356 |
189,053 |
185,900 |
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II. Derivatives |
10 [PDF] |
26,939 |
7,087 |
12,342 |
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82,295 |
196,140 |
198,242 |
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F. Other provisions |
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I. Pensions and similar provisions |
26 [PDF] |
466,837 |
436,478 |
509,541 |
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II. Other provisions |
27 [PDF] |
192,327 |
207,919 |
194,272 |
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659,164 |
644,397 |
703,813 |
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G. Payables and other liabilities |
28 [PDF] |
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I. Reinsurance liabilities |
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872,587 |
869,258 |
796,780 |
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II. Other payables |
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650,881 |
567,129 |
720,778 |
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III. Other liabilities |
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10,854 |
11,122 |
9,483 |
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1,534,321 |
1,447,509 |
1,527,041 |
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H. Liabilities from income tax |
29 [PDF] |
48,732 |
57,294 |
41,618 |
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I. Deferred tax liabilities |
30 [PDF] |
312,499 |
244,841 |
332,916 |
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Total equity and liabilities |
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27,392,735 |
25,598,461 |
25,556,720 |
In the year 2009, the following changes were made in the allocation and adjusted in the values as at 31 December 2008, as at 1 January 2008 and in the consolidated income statement:
Supplementary capital bonds were reclassified from item E.I.1. Variable yield securities available for sale to item E.II.2. Fixed interest securities available for sale (€845,407,000).
In accordance with the regulation of the financial market supervisory authority, the reporting of the hidden co-insurance (IWD) was adjusted, which resulted in movements between the items of the overall accounting and the reinsurance.
Based on the determination by the Swiss supervisory authority that a management contract previously held as an insurance contract poses no significant actuarial risk, the management fee for this transaction will now only be reported under other income (€14,000) starting in 2009. The premiums written and earned (€40,238,000), the insurance benefits (€38,929,000) as well as the operating expenses (€1,324,000) were therefore also adjusted by the specified amounts in the comparison numbers for 2008.