|
Figures in € thousand |
2011 |
2010 |
|
Net profit/loss including minority interests |
|
|
|
Net profit/loss |
–243,849 |
90,863 |
|
of which interest and dividend payments |
–8,400 |
4,807 |
|
Minority interests |
–1,765 |
–48,597 |
|
Change in technical provisions (net) |
346,724 |
1,297,529 |
|
Change in deferred acquisition costs |
–8,601 |
–7,280 |
|
Change in amounts receivable and payable from direct insurance |
–5,468 |
–4,442 |
|
Change in other amounts receivable and payable |
–134,633 |
47,146 |
|
Change in securities at fair value through profit or loss |
72,572 |
–75,045 |
|
Realised gains/losses on the disposal of investments |
–117,282 |
–269,329 |
|
Depreciation/appreciation of other investments |
516,945 |
–106,171 |
|
Change in provisions for pensions and severance payments |
68,643 |
57,540 |
|
Change in deferred tax assets/liabilities |
–124,499 |
–8,051 |
|
Change in other balance sheet items |
50,948 |
–57,380 |
|
Change in goodwill and intangible assets |
30,800 |
12,690 |
|
Other non-cash income and expenses as well as accounting period adjustments |
–56,647 |
–4,801 |
|
Net cash flow from operating activities |
393,889 |
924,672 |
|
of which cash flow from income tax |
–55,221 |
–30,913 |
|
|
|
|
|
Receipts due to disposal of consolidated companies |
242 |
200,651 |
|
Payments due to acquisition of consolidated companies |
–79,936 |
–13,112 |
|
Receipts due to disposal and maturity of other investments |
7,211,346 |
8,558,867 |
|
Payments due to acquisition of other investments |
–7,114,763 |
–9,152,476 |
|
Change in investments held on account and at risk of life insurance policyholders |
–203,287 |
–719,177 |
|
Net cash flow used in investing activities |
–186,398 |
–1,125,247 |
|
|
|
|
|
Change in investments on own shares |
0 |
0 |
|
Share capital increase |
0 |
0 |
|
Dividend payments |
–56,866 |
–56,866 |
|
Receipts and payments from other financing activities |
–1,391 |
–6,851 |
|
Net cash flow used in financing activities |
–58,258 |
–63,717 |
|
|
|
|
|
Change in cash and cash equivalents |
149,234 |
–264,292 |
|
Change in cash and cash equivalents due to foreign currency translation |
–3,714 |
–465 |
|
Change in cash and cash equivalents due to acquisition/disposal of consolidated companies |
4,671 |
2 |
|
Cash and cash equivalents at beginning of period |
532,903 |
797,658 |
|
Cash and cash equivalents at end of period |
683,094 |
532,903 |
|
of which cash flow from income tax |
–55,221 |
–30,913 |
The cash and cash equivalents correspond to item L. of the assets: Liquid funds.
