24. Provision for premium refunds
Provision for non-profit related premium refunds:
In € thousand |
31/12/2016 |
31/12/2015 |
At 1 January |
43,483 |
49,743 |
Additions |
7,759 |
11,056 |
Disposals |
–9,854 |
–17,313 |
Foreign exchange differences |
33 |
–2 |
At 31 December |
41,422 |
43,483 |
Provision for profit-related premium refunds and/or policyholder profit participation and latent profit participation:
In € thousand |
31/12/2016 |
31/12/2015 |
Provision for profit-related premium refunds and /or policyholder profit participation |
|
|
At 1 January |
112,096 |
188,481 |
Additions |
48,229 |
3,421 |
Disposals |
–19,619 |
–61,709 |
Portfolio changes |
–13,716 |
–18,130 |
Foreign exchange differences |
529 |
32 |
At 31 December |
127,518 |
112,096 |
|
|
|
Deferred profit participation |
|
|
At 1 January |
905,019 |
952,801 |
Fluctuation in value, available-for-sale securities |
152,924 |
–86,990 |
Revaluations of defined benefit obligations |
–1,127 |
–7,062 |
Revaluations through profit or loss |
–15,330 |
46,271 |
Reclassifications held for sale |
–203,967 |
0 |
At 31 December |
837,520 |
905,019 |
Total |
965,038 |
1,017,115 |