Group Functions and consolidation
In € million |
2023 |
2022 |
|---|---|---|
Financial result |
472.6 |
280.4 |
Non-technical result |
–50.8 |
–32.7 |
Earnings before taxes |
356.4 |
186.8 |
In the Group functions segment, the financial result rose by 68.5 per cent to €472.6 million in 2023 (2022: €280.4 million).
The non-technical result in this segment amounted to €–50.8 million (2022: €–32.7 million).
Earnings before taxes increased to €356.4 million in the 2023 financial year as a result (2022: €186.8 million).
Consolidation
In € million |
2023 |
2022 |
|---|---|---|
Technical result |
–12.6 |
4.4 |
Financial result |
–588.9 |
–283.0 |
Net investment income |
–734.5 |
–175.3 |
Non-technical result |
15.7 |
–3.9 |
Earnings before taxes |
–528.6 |
–210.7 |
In the consolidation segment, the technical result amounted to €–12.6 million in 2023 (2022: €4.4 million).
The financial result fell to €–588.9 million in the 2023 financial year (2022: €–283.0 million). Net investment income amounted to €–734.5 million (2022: €–175.3 million).
The non-technical result was positive at €15.7 million (2022: €–3.9 million).
As a result, earnings before taxes in the consolidation segment amounted to €–528.6 million (2022: €–210.7 million).