4. Net investment income
In € thousand |
Property and casualty insurance |
Health insurance |
Life insurance |
Total |
||||
|---|---|---|---|---|---|---|---|---|
1 – 12/2022 |
1 – 12/2021 |
1 – 12/2022 |
1 – 12/2021 |
1 – 12/2022 |
1 – 12/2021 |
1 – 12/2022 |
1 – 12/2021 |
|
Investment property |
20,960 |
–2,873 |
28,298 |
7,157 |
77,041 |
54,400 |
126,299 |
58,684 |
Financial assets accounted for using the equity method |
14,077 |
11,703 |
37,867 |
26,799 |
60,174 |
42,585 |
112,118 |
81,087 |
Variable-income securities |
–2,833 |
24,419 |
60,779 |
98,274 |
10,392 |
3,654 |
68,337 |
126,346 |
Available for sale |
–13,299 |
–2,796 |
49,373 |
98,009 |
10,410 |
3,781 |
46,483 |
98,994 |
At fair value through profit or loss |
10,466 |
27,215 |
11,406 |
264 |
–18 |
–127 |
21,854 |
27,352 |
Fixed-income securities |
4,015 |
147,162 |
20,665 |
45,365 |
106,383 |
242,656 |
131,063 |
435,182 |
Available for sale |
4,456 |
147,892 |
22,203 |
46,500 |
106,651 |
242,434 |
133,310 |
436,826 |
At fair value through profit or loss |
–442 |
–730 |
–1,537 |
–1,135 |
–268 |
222 |
–2,248 |
–1,643 |
Loans and other investments |
6,718 |
4,065 |
–552 |
2,322 |
18,571 |
19,048 |
24,737 |
25,434 |
Loans |
996 |
645 |
1,700 |
1,567 |
4,612 |
3,908 |
7,309 |
6,120 |
Other investments |
5,722 |
3,420 |
–2,252 |
755 |
13,959 |
15,139 |
17,429 |
19,314 |
Derivative financial instruments |
–10,958 |
–23,606 |
898 |
–8,717 |
2,788 |
662 |
–7,272 |
–31,661 |
Investment administration expenses, interest paid and other investment expenses |
–27,561 |
–25,674 |
–7,929 |
–8,075 |
–14,110 |
–13,373 |
–49,599 |
–47,122 |
Total |
4,418 |
135,195 |
140,027 |
163,124 |
261,238 |
349,632 |
405,683 |
647,951 |
|
|
|
|
|
|
|
|
|
Of which: |
|
|
|
|
|
|
|
|
Current income/expenses |
118,705 |
113,945 |
157,496 |
98,338 |
327,688 |
308,957 |
603,889 |
521,241 |
Gains/losses from disposals and changes in value |
–114,287 |
21,250 |
–17,469 |
64,786 |
–66,450 |
40,674 |
–198,206 |
126,710 |
Impairments |
–140,944 |
–3,810 |
–108,283 |
–4,950 |
–143,987 |
–9,025 |
–393,214 |
–17,784 |
In € thousand |
Current income/expenses |
Gains/losses from disposals and changes in value |
Total |
of which impairment |
||||||
|---|---|---|---|---|---|---|---|---|---|---|
1 – 12/2022 |
1 – 12/2021 |
1 – 12/2022 |
1 – 12/2021 |
1 – 12/2022 |
1 – 12/2021 |
1 – 12/2022 |
1 – 12/2021 |
|||
Financial assets at fair value through profit or loss |
–5,254 |
864 |
17,589 |
–6,816 |
12,335 |
–5,952 |
0 |
0 |
||
Variable-income securities (within the framework of fair value option) |
16,985 |
537 |
4,869 |
26,816 |
21,854 |
27,352 |
0 |
0 |
||
Fixed-income securities (within the framework of fair value option) |
–5,429 |
408 |
3,181 |
–2,052 |
–2,248 |
–1,643 |
0 |
0 |
||
Derivative financial instruments |
–16,811 |
–81 |
9,539 |
–31,580 |
–7,272 |
–31,661 |
0 |
0 |
||
Investments under investment contracts1) |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
||
Available-for-sale financial assets |
442,253 |
386,874 |
–262,459 |
148,946 |
179,793 |
535,820 |
–392,949 |
–10,579 |
||
Variable-income securities |
43,740 |
37,719 |
2,743 |
61,275 |
46,483 |
98,994 |
–76,395 |
–10,549 |
||
Fixed-income securities |
398,513 |
349,155 |
–265,203 |
87,671 |
133,310 |
436,826 |
–316,554 |
–30 |
||
Loans and receivables |
27,050 |
24,942 |
–2,312 |
493 |
24,737 |
25,434 |
0 |
0 |
||
Fixed-income securities |
2,449 |
2,667 |
364 |
–2 |
2,813 |
2,665 |
0 |
0 |
||
Loans and other investments |
24,600 |
22,275 |
–2,676 |
495 |
21,924 |
22,770 |
0 |
0 |
||
Investment property |
79,753 |
74,596 |
46,546 |
–15,912 |
126,299 |
58,684 |
–265 |
–7,206 |
||
Financial assets accounted for using the equity method |
109,688 |
81,087 |
2,430 |
0 |
112,118 |
81,087 |
0 |
0 |
||
|
|
|
|
|
|
|
|
|
||
Investment administration expenses, interest paid and other investment expenses |
–49,599 |
–47,122 |
0 |
0 |
–49,599 |
–47,122 |
0 |
0 |
||
Total |
603,889 |
521,241 |
–198,206 |
126,710 |
405,683 |
647,951 |
–393,214 |
–17,784 |
||
|
||||||||||
In € thousand |
1 – 12/2022 |
1 – 12/2021 |
|---|---|---|
Current income/expenses from investment property |
|
|
Rent revenue |
111,611 |
99,234 |
Operational expenses |
–31,858 |
–24,637 |
Currency gains/losses |
|
|
Currency gains |
164,518 |
68,029 |
Currency losses |
–162,161 |
–76,798 |
Profit from currency gains/losses |
2,356 |
–8,769 |
Positive currency effects from investments amounting to € 1,272 thousand (2021: € 10,116 thousand) were recognised directly in equity.
In € thousand |
1 – 12/2022 |
1 – 12/2021 |
|---|---|---|
Financial assets at fair value through profit or loss |
|
|
Recognised in profit/(loss) for the period |
12,335 |
–5,952 |
Available-for-sale financial assets |
|
|
Recognised in profit/(loss) for the period |
179,793 |
535,820 |
of which reclassified from equity to consolidated income statement |
–105,056 |
–142,878 |
Recognised in other comprehensive income |
–3,600,181 |
–1,161,536 |
Net income |
–3,420,388 |
–625,716 |
Loans and receivables |
|
|
Recognised in profit/(loss) for the period |
24,737 |
25,434 |
Financial liabilities measured at amortised cost |
|
|
Recognised in profit/(loss) for the period |
–52,160 |
–134,762 |