21. Financial liabilities
In July 2020 UNIQA Insurance Group AG issued a senior bond in the amount of € 600 million at an issue price of 99.436 per cent of the nominal amount. It has a term of ten years at a nominal interest rate of 1.375 per cent.
In € thousand |
Long term |
Short term |
Total |
|||
|---|---|---|---|---|---|---|
2023 |
2022 |
2023 |
2022 |
2023 |
2022 |
|
Subordinated liabilities |
896,322 |
1,043,909 |
10,408 |
14,721 |
906,729 |
1,058,631 |
Financial liabilities |
|
|
|
|
|
|
Bond liabilities |
596,536 |
596,032 |
0 |
0 |
596,536 |
596,032 |
Derivative financial instruments |
6,549 |
11,645 |
124 |
0 |
6,673 |
11,645 |
Lease liabilities |
75,588 |
86,717 |
9,235 |
6,070 |
84,823 |
92,787 |
Total |
678,673 |
694,393 |
9,360 |
6,070 |
688,032 |
700,463 |
In € thousand |
Subordinated |
Bond |
Loan |
Provisions for |
Lease |
Financial |
Changes in financial liabilities |
|---|---|---|---|---|---|---|---|
At 1 January 2022 |
1,057,559 |
599,490 |
0 |
21,843 |
101,984 |
723,317 |
1,780,876 |
Proceeds from other financing activities |
0 |
0 |
1,414,936 |
0 |
0 |
1,414,936 |
1,414,936 |
Payments from other financing activities |
0 |
0 |
–1,414,936 |
0 |
–16,506 |
–1,431,442 |
–1,431,442 |
Currency translation |
0 |
0 |
0 |
5 |
–376 |
–371 |
–371 |
Change in basis of consolidation |
0 |
0 |
0 |
–626 |
0 |
–626 |
–626 |
Other changes |
1,072 |
–3,458 |
0 |
–9,577 |
7,685 |
–5,351 |
–4,279 |
of which interest expenses |
42,223 |
9,012 |
0 |
0 |
924 |
9,937 |
52,160 |
of which interest payments (presented as net cash flow from operating activities) |
–45,207 |
–8,250 |
0 |
0 |
–924 |
–9,174 |
–54,381 |
At 31 December 2022 |
1,058,631 |
596,032 |
0 |
11,645 |
92,787 |
700,463 |
1,759,094 |
At 1 January 2023 |
1,058,631 |
596,032 |
0 |
11,645 |
92,787 |
700,463 |
1,759,094 |
Proceeds from other financing activities |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Payments from other financing activities |
–148,700 |
0 |
0 |
0 |
–15,552 |
–15,552 |
–164,252 |
Reclassifications held for sale |
0 |
0 |
0 |
0 |
–242 |
–242 |
–242 |
Other changes |
–3,202 |
504 |
0 |
–4,972 |
7,831 |
3,363 |
162 |
of which interest expenses |
41,907 |
9,072 |
0 |
0 |
869 |
9,941 |
51,847 |
of which interest payments (presented as net cash flow from operating activities) |
–43,457 |
–8,250 |
0 |
0 |
–869 |
–9,119 |
–52,576 |
At 31 December 2023 |
906,729 |
596,536 |
0 |
6,673 |
84,823 |
688,032 |
1,594,762 |