Type of investment

Acquisition costs

Fluctuation in value not affecting income

Accumulated value adjustments

Foreign currency differences affecting income

Market values

Figures in € thousand

31 Dec. 2011

31 Dec. 2010

31 Dec. 2011

31 Dec. 2010

31 Dec. 2011

31 Dec. 2010

31 Dec. 2011

31 Dec. 2010

31 Dec. 2011

31 Dec. 2010

Shares in affiliated companies

21,845

21,235

0

0

0

0

0

0

21,845

21,235

Shares

505,854

799,655

216,309

197,862

–149,916

–139,796

0

0

572,247

857,721

Equity funds

480,823

356,651

1,929

29,634

–27,881

–24,826

0

0

454,871

361,459

Debenture bonds not capital-guaranteed

251,826

252,986

2,733

2,044

–19,994

–17,471

–2,812

–3,379

231,753

234,180

Other variable-yield securities

48,278

41,875

–1,143

–352

–5,350

–3,400

0

0

41,785

38,123

Participating interests and other investments

314,233

237,222

32,324

36,298

–32,927

–34,718

0

0

313,631

238,802

Fixed-interest securities

12,375,993

11,943,303

–501,848

–415,099

–629,291

–288,634

–29,405

–41,030

11,215,448

11,198,539

Total

13,998,852

13,652,927

–249,696

–149,614

–865,357

–508,845

–32,218

–44,409

12,851,581

12,950,059

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