The parent company of the UNIQA Group is UNIQA Versicherungen AG. This company is registered in the company register of the Commercial Court of Vienna under FN 92933 t. In addition to its duties as Group holding company, this company also performs the duties of a Group reinsurer.
|
Related companies and persons |
31.12.2010 |
31.12.2009 |
|
Receivables and liabilities with affiliated and associated companies, as well as related persons |
|
|
|
Receivables |
7,732 |
10,719 |
|
Other receivables |
7,732 |
10,719 |
|
7,732 |
10,430 | |
|
Associated companies |
0 |
289 |
|
|
|
|
|
Liabilities |
2,848 |
5,742 |
|
Other liabilities |
2,848 |
5,742 |
|
Affiliated companies |
2,749 |
5,677 |
|
Associated companies |
98 |
65 |
|
Income and expenses of affiliated companies as well as related persons |
2010 |
2009 |
|
Income |
25 |
1,949 |
|
Investment income |
25 |
1,941 |
|
25 |
0 | |
|
Related companies |
0 |
1,941 |
|
Other income |
0 |
8 |
|
Affiliated companies |
0 |
8 |
|
|
|
|
|
Expenses |
4 |
8 |
|
Other expenses |
4 |
8 |
|
Affiliated companies |
4 |
8 |
There were no major transactions with related companies during this financial year. In July 2009, Raiffeisen Versicherung AG and UNIQA Personenversicherung AG each sold roughly 2.4 million shares in Leipnik-Lundenburger Invest Beteiligungs AG to Raiffeisen-Invest-Gesellschaft m.b.H., which is an associated company of Raiffeisen Zentralbank AG. As UNIQA Versicherungen AG is included in the Group consolidated financial statements of Raiffeisen Zentralbank as an associated company, this concerns a business with associated companies in accordance with IAS 24. Raiffeisen Versicherung AG and UNIQA Personenversicherung AG realised capital gains of € 1,941,000 from this transaction. There are no outstanding balances from these transactions as at 31 December 2009.
|
Other financial commitments and contingent liabilities |
31.12.2010 |
31.12.2009 |
|
Contingent liabilities from risks of litigation |
11,398 |
19,704 |
|
Austria |
0 |
0 |
|
Foreign |
11,398 |
19,704 |
|
Other contingent liabilities |
100 |
1,390 |
|
Austria |
0 |
0 |
|
Foreign |
100 |
1,390 |
|
Total |
11,499 |
21,094 |
The companies of the UNIQA Group are involved in court proceedings in Austria and other countries in connection with their ordinary business operations as insurance companies. The result of the pending or threatened proceedings is often impossible to determine or predict.
In consideration of the provisions set aside for these proceedings, the management is of the opinion that these proceedings have no significant effects on the financial situation and the operating earnings of the UNIQA Group.
|
|
2010 |
2009 |
|
Current leasing expenses |
2,099 |
1,017 |
|
|
|
|
|
Future leasing payments due to the financing of the new UNIQA Headquarters in Vienna |
|
|
|
Up to 1 year |
5,256 |
5,287 |
|
more than 1 year up to 5 years |
20,831 |
21,034 |
|
more than 5 years |
18,157 |
33,574 |
|
Total |
44,244 |
59,895 |
|
Income from subleasing |
343 |
508 |
UNIQA moved into the new headquarters – the UNIQA Tower – in 2004. The aforementioned leasing obligations are based on the investment expenditures in connection with a specific calculatory rate of interest yield.
The expenses for the auditor in the financial year were €1,818,000 (2009: € 1,895,000), of which € 262,000 (2009: € 265,000) can be attributed to expenses for the audit, € 487,000 (2009: € 406,000) for consultancy services, € 901,000 (2009: € 1,153,000) for other confirmation services, and € 169,000 (2009: € 72,000) to other services.
