Segment reporting

Consolidated statement of financial position – classified by business line

In € thousand

Property and casualty insurance

Health insurance

Life insurance

Consolidation

Group

31/12/2020

31/12/2019 adjusted

31/12/2020

31/12/2019 adjusted

31/12/2020

31/12/2019 adjusted

31/12/2020

31/12/2019

31/12/2020

31/12/2019 adjusted

Assets

 

 

 

 

 

 

 

 

 

 

Property, plant and equipment

192,969

192,493

36,906

37,855

134,863

121,432

0

0

364,739

351,780

Intangible assets

683,508

627,415

294,903

281,368

1,120,382

722,793

–25

–45,060

2,098,769

1,586,516

Investments

 

 

 

 

 

 

 

 

 

 

Investment property

196,515

214,693

235,293

242,077

787,405

680,674

0

0

1,219,213

1,137,444

Financial assets accounted for using the

81,270

72,436

230,391

220,089

366,260

349,889

0

0

677,921

642,414

Other investments

5,682,319

4,864,151

3,874,305

3,554,843

11,493,995

10,976,431

–628,512

–550,486

20,422,107

18,844,939

Unit-linked and index-linked life insurance investments

0

0

0

0

5,218,124

4,680,403

0

0

5,218,124

4,680,403

Reinsurers’ share of technical provisions

389,131

219,739

1,141

1,591

124,028

128,644

–31

49

514,268

350,022

Reinsurers’ share of technical provisions for unit-linked and index-linked life insurance

0

0

0

0

131

113

0

0

131

113

Receivables, including insurance receivables

483,558

238,194

311,762

357,724

208,767

160,986

–319,837

–210,244

684,249

546,659

Income tax receivables

46,406

42,759

1,821

1,596

10,903

4,305

0

0

59,130

48,660

Deferred tax assets

3,693

1,803

0

0

4,901

3,434

0

0

8,594

5,237

Cash and cash equivalents

266,613

280,748

164,526

71,129

209,574

127,745

0

0

640,713

479,621

Total assets by business line

8,025,983

6,754,431

5,151,047

4,768,272

19,679,332

17,956,847

–948,405

–805,742

31,907,957

28,673,809

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

1,069,920

870,110

0

0

419,258

410,741

–419,258

–410,741

1,069,920

870,110

Technical provisions

4,122,722

3,295,437

3,623,875

3,435,554

11,450,699

11,071,340

–1,554

–14,431

19,195,742

17,787,900

Technical provisions for unit-linked and index-linked life insurance

0

0

0

0

5,115,506

4,646,152

0

0

5,115,506

4,646,152

Financial liabilities

715,976

94,009

29,461

31,674

91,574

49,363

–143,444

–99,530

693,566

75,516

Other provisions

395,230

356,183

408,517

313,899

45,468

17,133

–1,980

–1,505

847,235

685,709

Liabilities and other items classified as liabilities

694,209

655,029

241,173

101,640

441,129

325,767

–382,290

–279,341

994,221

803,095

Income tax liabilities

63,214

55,336

6,598

3,612

23,239

1,722

0

0

93,051

60,669

Deferred tax liabilities

61,344

74,547

156,837

130,314

205,703

152,678

0

0

423,884

357,539

Total liabilities by business line

7,122,614

5,400,650

4,466,461

4,016,693

17,792,575

16,674,896

–948,525

–805,549

28,433,125

25,286,690

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated equity and

3,474,832

3,387,119

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total equity and liabilities

31,907,957

28,673,809

The amounts indicated for each business line have been adjusted to eliminate amounts resulting from internal transactions. Therefore, the balance of business line assets and business line liabilities does not allow conclusions to be drawn with regard to the equity allocated to the respective segment.

Equity method
Investment in associates is accounted for using this method. The value carried corresponds to the Group’s proportional equity in these companies. In the case of shares in companies that prepare their own consolidated financial statements, their Group equity is assessed accordingly in each case. Within the scope of ongoing measurement, this value must be updated to incorporate proportional changes in equity with the share of net income/(loss) being allocated to consolidated profit/(loss).
Subordinated liabilities
Liabilities that can only be repaid following the rest of the liabilities in the event of liquidation or bankruptcy.
Non-controlling interests
Shares in the profit/(loss) that are not attributable to the Group but rather to companies outside the Group that hold shares in affiliated companies.