Figures in € thousand |
2013 |
2012 |
Net profit/loss, including minority interests |
|
|
Net profit |
286,777 |
166,473 |
of which interest and dividend payments |
–12,261 |
–10,296 |
Minority interests |
–3,330 |
–39,353 |
Change in technical provisions (net) |
424,592 |
1,673,315 |
Change in deferred acquisition costs |
–59,098 |
–19,401 |
Change in amounts receivable and payable from direct insurance |
–105,070 |
–15,859 |
Change in other amounts receivable and payable |
–122,245 |
–14,601 |
Change in securities at fair value through profit or loss |
231,072 |
92,347 |
Realised gains/losses on the disposal of investments |
–165,248 |
–1,349,865 |
Depreciation/appreciation of other investments |
195,233 |
127,053 |
Change in provisions for pensions and severance payments |
20,137 |
99,546 |
Change in deferred tax assets/liabilities |
–37,686 |
148,464 |
Change in other balance sheet items |
20,406 |
125,394 |
Change in goodwill and intangible assets |
14,293 |
180,960 |
Other non-cash income and expenses as well as accounting period adjustments |
–66,279 |
–41,501 |
Net cash flow from operating activities |
633,553 |
1,132,971 |
of which cash flow from income tax |
–72,844 |
–27,828 |
|
|
|
Receipts due to disposal of consolidated companies |
17,659 |
180,020 |
Payments due to acquisition of consolidated companies |
–7,988 |
–388,167 |
Receipts due to disposal and maturity of other investments |
5,393,791 |
9,651,286 |
Payments due to acquisition of other investments |
–6,875,941 |
–9,957,761 |
Change in investments held on account and at risk of life insurance policyholders |
–314,373 |
–670,890 |
Net cash flow used in investing activities |
–1,786,852 |
–1,185,513 |
|
|
|
Share capital increase |
725,326 |
523,913 |
Change in investments in own shares |
0 |
0 |
Dividend payments |
–53,357 |
0 |
Receipts and payments from other financing activities |
141,041 |
–188,904 |
Net cash flow used in financing activities |
813,009 |
335,009 |
|
|
|
Change in cash and cash equivalents |
–340,289 |
282,466 |
Change in cash and cash equivalents due to foreign currency translation |
–2,800 |
1,039 |
Change in cash and cash equivalents due to acquisition/disposal of consolidated companies |
0 |
–6,534 |
Cash and cash equivalents at beginning of period |
960,065 |
683,094 |
Cash and cash equivalents at end of period |
616,976 |
960,065 |
of which cash flow from income tax |
–72,844 |
–27,828 |
The cash and cash equivalents correspond to item L. of the assets: Liquid funds.
