4. IAS 8.42 restatements
Presentation of the consolidated statement of cash flows
Restatements have been made compared to the presentation in the previous years. Prior-year amounts have been adjusted accordingly with respect to changes in technical provisions, changes in defined benefit obligations, changes in deferred tax assets and deferred tax liabilities as well as the proceeds from disposal and maturity of other investments.
Unearned revenue liability
As part of the changes to the Group structures resulting from the strategic programme UNIQA 2.0, the measurement of the parts of premiums relating to future years of unit-linked and index-linked life insurance contracts was adjusted. From the reporting date onwards said parts will be recognised as unearned revenue liability under technical provisions. The valuation of deferred acquisition costs and prior-year amounts have been adjusted accordingly.
In € thousand |
31/12/2015 |
31/12/2015 |
31/12/2015 |
Property, plant and equipment |
292,989 |
307,741 |
–14,752 |
Intangible assets |
1,703,058 |
1,472,476 |
230,582 |
Deferred tax assets |
13,115 |
9,427 |
3,688 |
Total assets |
33,297,873 |
33,078,355 |
219,518 |
In € thousand |
31/12/2015 |
31/12/2015 |
31/12/2015 |
Total equity |
|
|
|
Equity attributable to UNIQA Insurance Group AG shareholders |
|
|
|
Subscribed capital and capital reserves |
1,789,920 |
1,789,920 |
0 |
Treasury shares |
–10,857 |
–10,857 |
0 |
Accumulated results |
1,365,453 |
1,373,651 |
–8,198 |
|
3,144,516 |
3,152,714 |
–8,198 |
Non-controlling interests |
21,853 |
22,127 |
–274 |
|
3,166,369 |
3,174,841 |
–8,472 |
Liabilities |
|
|
|
Technical provisions |
21,328,061 |
21,100,072 |
227,989 |
Total equity and liabilities |
33,297,873 |
33,078,355 |
219,518 |
In € thousand |
1-12/2015 |
1-12/2015 |
1-12/2015 |
||
|
|||||
Insurance benefits |
|
|
|
||
Gross |
–4,745,094 |
–4,749,877 |
4,783 |
||
Reinsurers’ share |
142,310 |
142,310 |
0 |
||
|
–4,602,784 |
–4,607,567 |
4,783 |
||
Operating expenses |
|
|
|
||
Expenses for the acquisition of insurance |
–947,796 |
–950,390 |
2,594 |
||
|
–1,296,101 |
–1,298,695 |
2,594 |
||
Technical result |
207,242 |
199,864 |
7,378 |
||
|
|
|
|
||
Operating profit/(loss) |
501,480 |
494,102 |
7,378 |
||
Earnings before taxes |
430,218 |
422,840 |
7,378 |
||
Income taxes |
–89,536 |
–88,254 |
–1,282 |
||
Profit/(loss) for the year |
340,682 |
334,586 |
6,096 |
||
of which attributable to shareholders of UNIQA Insurance Group AG |
337,160 |
331,087 |
6,073 |
||
of which attributable to non-controlling interests |
3,521 |
3,499 |
22 |
||
|
|
|
|
||
Earnings per share (in €) |
1.09 |
1.07 |
0.02 |
||