Group Functions and consolidation
In € million  | 
            2024  | 
            2023  | 
            2022  | 
        
|---|---|---|---|
Financial result  | 
            548.6  | 
            472.6  | 
            280.4  | 
        
Non-technical result  | 
            –68.8  | 
            –50.8  | 
            –32.7  | 
        
Earnings before taxes  | 
            414.8  | 
            356.4  | 
            186.8  | 
        
In the Group functions segment, the financial result rose by 16.1 per cent to € 548.6 million in 2024 (2023: € 472.6 million).
The non-technical result in this segment amounted to € –68.8 million (2023: € –50.8 million).
Earnings before taxes increased to € 414.8 million in the 2024 financial year as a result (2023: € 356.4 million).
Consolidation
In € million  | 
            2024  | 
            2023  | 
            2022  | 
        
|---|---|---|---|
Technical result  | 
            3.7  | 
            –12.6  | 
            4.4  | 
        
Financial result  | 
            –642.0  | 
            –588.9  | 
            –283.0  | 
        
Net investment income  | 
            –576.5  | 
            –734.5  | 
            –175.3  | 
        
Non-technical result  | 
            3.1  | 
            15.7  | 
            –3.9  | 
        
Earnings before taxes  | 
            –580.4  | 
            –528.6  | 
            –210.7  | 
        
In the consolidation segment, the technical result in 2024 amounted to € 3.7 million (2023: €–12.6 million).
The financial result fell to € –642.0 million in the 2024 financial year (2023: € –588.9 million). Net investment income amounted to €–576.5 million (2023: €–734.5 million).
The non-technical result was positive at € 3.1 million (2023: € 15.7 million).
As a result, earnings before taxes in the consolidation segment amounted to € –580.4 million (2023: € –528.6 million).