Consolidated Income Statement from 1 January until 31 December 2024

Consolidated Income Statement from 1 January until 31 December 2024

In € thousand

Notes

1 – 12/2024

1 – 12/2023

Technical result

3

 

 

Insurance revenue

 

6,557,164

5,994,136

Insurance service expenses

 

–5,900,427

–5,290,994

Technical result from reinsurance

 

–96,255

–140,894

 

 

560,482

562,248

Financial result

 

 

 

Net investment income

2.4

 

 

Income from investments

 

1,332,730

1,130,271

(of which interest income from the application of the effective interest method)

 

440,502

397,140

(of which changes in value based on the impairment model for expected credit losses)

 

80,100

29,328

Expenses from investments

 

–717,996

–628,071

(of which changes in value based on the impairment model for expected credit losses)

 

–47,243

–60,301

Financial assets accounted for using the equity method

 

134,996

86,632

 

 

749,731

588,831

Net investment income from unit-linked and index-linked life insurance

 

 

 

Income from unit-linked and index-linked life insurance investments

 

402,506

391,086

Expenses from unit-linked and index-linked life insurance investments

 

–69,556

–85,050

 

 

332,951

306,036

Financial result from insurance contracts

3

–880,926

–753,458

Financial result from reinsurance contracts

3

8,416

8,831

 

 

210,171

150,240

 

 

 

 

Non-technical result

 

 

 

Other income

11.1

425,150

436,092

Other expenses

11.2

–679,622

–642,525

 

 

–254,471

–206,433

 

 

 

 

Operating profit/(loss)

 

516,182

506,055

Amortisation of VBI and impairment of goodwill

4.2

–25,933

–28,259

Finance cost

 

–48,385

–51,424

Earnings before taxes

 

441,865

426,373

Income taxes

6.1

–93,684

–103,236

Profit/(loss) for the period from continuing operations

 

348,181

323,137

Profit/(loss) from discontinued operations (after tax)

5.3

2,282

–19,332

Profit/(loss) for the period

 

350,463

303,805

of which attributable to shareholders of UNIQA Insurance Group AG

 

347,640

302,686

of which attributable to non-controlling interests

8.4

2,823

1,119

 

 

 

 

Earnings per share (in €)1)

 

1.13

0.99

Earnings per share from continuing operations

 

1.13

1.05

Earnings per share from discontinued operations

 

0.00

–0.06

Average number of shares in circulation

 

306,965,261

306,965,261

1)

Diluted earnings per share equate to undiluted earnings per share. This is calculated on the basis of the consolidated profit/(loss).