3. Consolidated Assets and Liabilities of Technical Account on 31 December 2011

3.1 Consolidated Assets and Liabilities of Technical Account for Life Insurance, Rent and Supplementary Pension Insurance

 

 

in EUR

 

 

31 December 2011

31 December 2010

Index

ASSETS (from A. to D.)

732,847,886

743,888,202

99

A. INVESTMENT PROPERTY AND FINANCIAL INVESTMENTS

717,031,959

735,388,261

98

I. INVESTMENT PROPERTY

2,116,572

1,734,207

122

II. FINANCIAL INVESTMENTS IN SUBSIDIARIES AND ASSOCIATED COMPANIES

0

2,249,687

 

1. Shares in subsidiaries

0

0

 

2. Shares in associates

0

2,249,687

 

III. OTHER FINANCIAL INVESTMENTS

714,897,925

731,400,865

98

1. Shares and other floating rate securities

19,967,422

29,938,199

67

2. Debt securities with fixed return

578,651,879

614,569,869

94

3. Investment fund coupons

988,976

2,306,437

43

4. Mortgage loans

79,811

0

 

5. Other loans

27,953,540

27,951,446

100

6. Bank deposits

86,018,179

55,861,550

154

7. Other financial investments

1,238,119

773,365

160

IV. ASSETS FROM REINSURANCE CONTRACTS

17,461

3,502

499

1. From unearned premium

3,655

383

954

2. From mathematical provision

10,125

0

 

3. From outstanding claims

3,681

3,119

118

4. From bonuses and discounts

0

0

 

5. From technical provisions for life insurance policy holders who bear investment risk

0

0

 

B. RECEIVABLES

14,413,191

6,649,812

217

I. RECEIVABLES FROM DIRECT INSURANCE

1,921,284

2,714,229

71

       1. Receivables from insurers

403,966

444,513

91

       2. Receivables from insurance brokers

231

0

 

       3. Other receivables from direct insurance operations

1,517,087

2,269,716

67

II. RECEIVABLES FROM REINSURANCE

8,192

19,927

41

III. OTHER RECEIVABLES

12,483,715

3,915,656

319

C. OTHER ASSETS

1,158,549

716,024

162

I. CASH AND CASH EQUIVALENTS

1,158,341

715,352

162

C. OTHER ASSETS

208

672

31

D. SHORT-TERM DEFERRED ASSETS

244,187

1,134,105

22

1. Accrued interest and rent

940

715,151

 

2. Deferred expenses for insurance contract aquisition

156,513

174,696

90

3. Other deferred items

86,734

244,258

36

E. OFF BALANCE SHEET ITEMS

3,130,000

24,321,558

13

  

 

 

in EUR

 

 

31 December 2011

31 December 2010

Index

LIABILITIES (from A. to F.)

732,847,886

743,888,202

99

A. FAIR VALUE RESERVE

-8,712,437

417,949

 

B. GROSS TECHNICAL PROVISIONS AND DEFERRED INCOME FROM PREMIUMS

706,353,802

700,933,558

101

1. Gross provision for unearned premium

427,347

363,380

118

2. Gross mathematical provisions

685,151,142

678,945,431

101

3. Gross provisions for outstanding claims

20,625,407

21,471,715

96

4. Gross provisions for bonuses and discounts

149,906

153,033

98

C. GROSS TECHNICAL PROVISIONS FOR THE BENEFIT OF LIFE-ASSURANCE POLICYHOLDERS WHO BEAR THE INVESTMENT RISK

0

0

 

D. LIABILITIES FOR INVESTMENTS OF REINSURERS UNDER REINSURANCE CONTRACTS WITH CEDING UNDERTAKINGS  

0

0

 

E. OTHER LIABILITIES

35,197,602

42,532,408

83

I. LIABILITIES FROM DIRECT INSURANCE OPERATIONS       

11,976,773

13,665,981

88

1. Liabilities towards policyholders

3,981,581

6,700,937

59

2. Liabilities towards intermediaries

289,726

383,275

76

3. Other liabilities from direct insurance operations

7,705,466

6,581,770

117

II. LIABILITIES FROM CO-INSURANCE AND REINSURANCE  

-78,273

195,379

 

III. OTHER LIABILITIES

23,299,102

28,671,048

81

F.  ACCRUED EXPENSES AND DEFERRED INCOME

8,919

4,287

208

G. OFF-BALANCE SHEET ITEMS

3,130,000

24,321,558

13

 
 
 
 
 
 
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