in € thousand |
Goodwill |
Insurance contract portfolio |
Cost at 31/12/2013 |
567,646 |
175,942 |
Accumulated amortisation and impairment losses at 31/12/2013 |
–95,866 |
–137,548 |
Carrying amount at 31/12/2013 |
471,780 |
38,394 |
|
|
|
Cost as at 31/12/2014 |
572,951 |
169,340 |
Accumulated amortisation at 31/12/2014 |
–120,985 |
–131,246 |
Carrying amount at 31/12/2014 |
451,966 |
38,093 |
There were additions in 2014 in Croatia and Serbia – see also information on the basis of consolidation. An impairment loss of €25,000 thousand was recognised on the goodwill of the Romanian company UNIQA Asigurari S.A. (UNIQA International segment). This amount is included in item 14 amortisation of goodwill and impairment losses on the consolidated income statement.
in € thousand |
Goodwill |
Insurance contract portfolio |
Accumulated amortisation at 31/12/2014 |
120,985 |
131,246 |
of which impairment losses |
82,661 |
0 |
of which current amortisation |
38,324 |
131,246 |
in € thousand |
31/12/2014 |
Change in impairment in current year |
25,000 |
of which recognised in profit or loss |
25,000 |
Due to the continuing difficult market environment in Romania, the budget figures were revised, resulting in a need for impairment.
Goodwill per country |
31/12/2014 |
31/12/2013 |
in € thousand |
|
|
Austria |
39,757 |
39,757 |
Germany |
930 |
930 |
Italy |
121,718 |
121,718 |
Western Europe (WE) |
122,647 |
122,647 |
Czech Republic |
7,647 |
7,733 |
Hungary |
16,996 |
18,063 |
Poland |
27,828 |
28,624 |
Slovakia |
1,423 |
1,423 |
Central Europe (CE) |
53,894 |
55,842 |
Romania |
105,198 |
126,394 |
Ukraine |
16,223 |
28,438 |
Eastern Europe (EE) |
121,421 |
154,832 |
Albania |
20,259 |
20,170 |
Bosnia and Herzegovina |
1,887 |
1,887 |
Bulgaria |
55,926 |
55,926 |
Croatia |
16,578 |
384 |
Montenegro |
81 |
81 |
Serbia |
19,403 |
20,104 |
Cyprus |
63 |
63 |
Southeastern Europe (SEE) |
114,197 |
98,614 |
Russia (RU) |
49 |
87 |
Total |
451,966 |
471,780 |
Company acquisitions 2014 |
Amounts recognised at the time of acquisition |
Carrying amount of the acquired companies |
in € thousand |
||
Assets |
357,816 |
357,816 |
Property, plant and equipment |
6,706 |
6,706 |
Investment property |
9,835 |
9,835 |
Intangible assets |
18,987 |
18,987 |
Investment in associates |
0 |
0 |
Investments |
298,986 |
298,986 |
Unit-linked and index-linked life insurance investments |
4 |
4 |
Reinsurers' share of technical provisions |
2,867 |
2,867 |
Receivables including insurance receivables |
17,199 |
17,199 |
Income tax receivables |
0 |
0 |
Deferred tax assets |
131 |
131 |
Current bank balances and cash-in-hand |
3,100 |
3,100 |
|
|
|
Equity and liabilities |
357,816 |
357,816 |
Total equity |
58,405 |
58,405 |
Subordinated liabilities |
0 |
0 |
Technical provisions |
283,375 |
283,375 |
Technical provisions for unit-linked and index-linked life insurance |
4 |
4 |
Financial liabilities |
0 |
0 |
Other provisions |
136 |
136 |
Liabilities and other items classified as equity and liabilities |
13,716 |
13,716 |
Income tax liabilities |
0 |
0 |
Deferred tax liabilities |
2,180 |
2,180 |
Currency difference at first entry |
0 |
0 |
