1.3 Consolidated Balance Sheet for Life Insurance as at 31 December 2011

		in EUR
	31 December 2011	31 December 2010	Index
ASSETS ( from A. to G.)	1,349,724,861	1,373,974,121	98
A. INTANGIBLE ASSETS, LONG TERM DEFERRED ITEMS	2,112,312	2,079,824	102
1. Intangible assets	2,112,312	2,079,824	102
2. Goodwill	0	0
3. Deferred acquisition costs	0	0
4. Other long-term deferred items	0	0
B. LAND, BUILDINGS AND FINANCIAL ASSETS	964,318,074	984,452,423	98
LAND AND BUILDINGS	12,960,376	12,772,933	101
a) Directly used in insurance activities	9,723,717	9,904,503	98
1. Land directly used in insurance activities	640,219	639,596	100
2. Buildings directly used in insurance activities	9,080,365	9,264,907	98
3. Other land and biuldings directly used in insurance activities	3,133	0
b) Investment property	3,236,659	2,868,430	113
1. Land	328,069	328,069	100
2. Buildings	2,908,590	2,540,361	114
II. FINANCIAL INVESTMENTS IN SUBSIDIARIES AND ASSOCIATED COMPANIES	7,416,171	27,182,610	27
1. Shares in subsidiaries	0	0
2. Debt securities and loans to subsidiaries	0	0
3. Shares in associated companies	7,416,171	16,633,386	45
4. Debt securities and loans to associated companies	0	3,284,491
5. Other financial investments in subsidiaries and associates	0	7,264,733
III. OTHER FINANCIAL INVESTMENTS	943,927,747	944,496,497	100
1. Long-term financial investments	890,829,392	921,932,262	97
1.1 Shares and other floating rate securities and fund coupons	39,112,831	45,892,717	85
1.2 Debt and other fixed return securities	748,331,904	783,408,785	96
1.3 Investment fund shares	0	0
1.4 Mortgage loans	79,811	0
1.5 Other loans	31,249,410	31,284,646	100
1.6 Deposits with banks	71,335,663	60,293,672	118
1.7 Other financial investments	719,773	1,052,442	68
2. Short-term financial investments	53,098,355	22,564,235	235
2.1 Shares available for sale	2,439,766	3,923,647	62
2.2 Securities available for sale and with maturity up to one year	2,790,020	500,675	557
2.3 Short-term loans	0	0
2.4 Short-term bank deposits	47,167,723	17,366,548	272
2.5 Other short-term financial investments	700,846	773,365	91
IV. FINANCIAL INVESTMENTS OF REINSURANCE COMPANIES IN REINSURANCE CONTRACTS	0	0
V. ASSETS FROM INVESTMENT CONTRACTS	0	0
VI. ASSETS FROM REINSURANCE CONTRACTS	13,780	383
1. From unearned premium	3,655	383	954
- in reinsurance	3,655	383	954
- in co-insurance	0	0
2. From mathematical provision	10,125	0
3. From outstanding claims	0	0
- in reinsurance	0	0
- in co-insurance	0	0
4. From bonuses and discounts	0	0
5. From other technical provisions	0	0
6. From technical provisions for life insurance policy holders who bear investment risk	0	0
C. UNIT-LINKED INSURANCE CONTRACT INVESTMENTS	364,684,374	370,627,528	98
D. RECEIVABLES	12,328,813	12,910,111	95
I. RECEIVABLES FROM DIRECT INSURANCE	574,375	1,120,714	51
1. Receivables from insurers	402,936	444,512	91
2. Receivables from insurance brokers	231	1,111	21
3. Other receivables from direct insurance operations	171,208	675,091	25
4. Receivables from direct insurance operations -associates and subsidiaries	0	0
II. RECEIVABLES FROM CO-INSURANCE AND REINSURANCE OPERATIONS	168	6,195	3
1. Premium receivable from co-insurance	0	0
2. Premium receivable from reinsurance	0	0
3. Receivables from co-insurers' share in claims	0	0
4. Receivables from reinsurers' share in claims	-8,024	0
5. Other receivables from co-insurance and reinsurance	8,192	6,195	132
6. Receivables from co-insurance and reinsurance- associates and subsidiaries	0	0
III. OTHER RECEIVABLES AND DEFERRED TAX RECEIVABLES	11,754,270	11,783,202	100
1. Receivables for advanced payments for intangible assets	0	0
2. Other short-term receivables from insurance operations	331,581	8,145,050	4
3. Short term receivables from financing	4,551,822	33,694
4. Other short-term receivables	1,658,592	1,601,559	104
5. Long-term receivables	0	0
6. Current tax receivables	173	18	961
7. Deferred tax assets	5,156,245	1,954,592	264
8. Other short-term receivables - associates and subsidiaries	55,857	48,289	116
IV. CALLED UP SHARE CAPITAL UNPAID	0	0
E. OTHER ASSETS	6,192,241	3,483,502	178
I. TANGIBLE FIXED ASSETS, EXCEPT LAND AND BUILDINGS	1,457,622	1,971,664	74
1. Equipment and small tools	1,433,628	1,941,919	74
2. Other tangible fixed assets	23,994	29,745	81
II. CASH AT BANK AND IN HAND	4,730,013	1,506,322	314
III. INVENTORIES AND OTHER ASSETS	4,606	5,516	84
1. Inventories	208	4,661	4
2. Other assets	4,398	855	514
F. SHORT-TERM DEFERRED ASSETS	89,047	420,733	21
1. Accrued interest and rent	0	0
2. Deferred short-term expenses of insurance contract acquisition	1,373	175,954	1
3. Other short-term deferred items	87,674	244,779	36
G. NON-CURRENT ASSETS HELD FOR SALE AND DISCONTINUED OPERATIONS	0	0
H. OFF BALANCE SHEET ASSETS	9,559,638	37,874,495	25

		in EUR
	31 December 2011	31 December 2010	Index
EQUITY AND LIABILITIES (from A. to I.)	1,349,724,861	1,373,974,121	98
A. EQUITY	73,702,515	86,220,556	85
I. SUBSCRIBED (CALLED UP) CAPITAL	22,360,851	7,190,851	311
1. Share capital	22,360,851	7,190,851	311
2. Unsubscribed capital (as deduction)	0	0
II. CAPITAL RESERVES	13,067,907	13,067,907	100
III. RESERVES FROM PROFIT	32,088,136	1,969,667
1. Security reserves	153,499	153,499	100
2. Legal and statutory reserves	1,816,165	1,816,168	100
3. Reserves for own shares	0	0
4. Own shares (as deduction)	0	0
5. Equalisation provision for credit insurance	0	0
6. Catastrophe reserves	0	0
7. Other reserves from profit	30,118,472	0
IV. FAIR VALUE RESERVE	-8,948,617	7,586,190
1. Fair value reserve for tangible fixed assets	0	0
2. Fair value reserve for long-term investments	-8,534,689	7,419,436
3. Fair value reserve for short-term investments	-413,928	166,754
4. Other fair value reserve	0	0
V. NET PROFIT / LOSS CARRIED FORWARD	9,713,425	51,030,656	19
VI. NET PROFIT / LOSS FOR THE CURRENT YEAR	5,614,106	5,616,101	100
VII. NON-CONTROLLING INTEREST	881,100	821,564	107
VIII. CURRENCY TRANSLATION DIFFERENCES	-1,074,393	-1,062,380	101
B. SUBORDINATED LIABILITIES	13,672,424	13,672,424	100
C. GROSS TEHNICAL PROVISIONS AND DEFERRED INCOME FROM PREMIUMS	866,515,326	871,682,869	99
1. Gross provisions for unearned premiums	425,005	363,380	117
2. Gross mathematical provisions	845,464,934	849,847,775	99
3. Gross claim provisions	20,625,387	21,471,714	96
4. Gross provisions for bonuses and discounts	0	0
5. Other gross tehnical provisions	0	0
D. GROSS TECHNICAL PROVISIONS FOR THE BENEFIT OF LIFE-INSURANCE POLICYHOLDERS WHO BEAR THE INVESTMENT RISK	364,495,891	376,083,063	97
E. PROVISIONS FOR OTHER RISKS AND CHARGES	1,823,048	1,659,648	110
1. Provisions for pensions	1,488,470	1,659,139	90
2. Other provisions	334,578	509
F. LIABILITIES FROM REINSURERS' INVESTMENTS IN REINSURANCE CONTRACTS	0	0
G. OTHER LIABILITIES	29,072,238	24,089,214	121
I. LIABILITIES FROM DIRECT INSURANCE OPERATIONS	7,953,836	10,213,309	78
1. Liabilities to policy holders	7,112,579	8,174,900	87
2. Liabilities to agents and brokers	85,988	145,545	59
3. Other liabilities from direct insurance operations	737,468	1,842,580	40
4. Liabilities from direct insurance operations- associates and subsidiaries	17,801	50,284	35
II. LIABILITIES FROM CO-INSURANCE AND REINSURANCE OPERATIONS	12,243	15,345	80
1. Liabilities for co-insurance premiums	0	0
2. Liabilities for reinsurance premiums	12,243	15,345	80
3. Liabilities for co-insurers' share in claims	0	0
4. Liabilities for reinsurers' share in claims	0	0
5. Other liabilities from co-insurance and re-insurance	0	0
6. Liabilities from co-insurance and re-insurance-associates and subsidiaries	0	0
III. LOANS SECURED BY FIXED RATE SECURITIES	0	0
IV. LIABIILTIES TO BANKS	0	0
V. LIABILITIES FROM INVESTMENT CONTRACTS	0	0
VI. OTHER LIABILITIES	21,106,159	13,860,560	152
a) Other long term liabilities	-305,578	1,632,498
1. Long term liabilities from finance leases	0	0
2. Other long term liabilities	1,750	1,750	100
3. Deferred tax liabilities	-307,328	1,630,748
b) Other short-term liabilities	21,411,737	12,228,062	175
1. Short-term liabilities to employees	16,171	10,886	149
2. Other short-term liabilities from insurance operations	9,971,035	8,450,993	118
3. Short-term liabilities from financing	5,498,319	10,651
4. Current income tax liabilities	23,937	0
5. Other short-term liabilities	5,902,275	3,755,532	157
H. ACCRUED EXPENSES AND DEFERRED INCOME	443,419	566,347	78
1. Accrued expenses	434,499	565,909	77
2. Other accruals and deferred income	8,920	438
I. NON-CURRENT LIABILITIES HELD FOR SALE AND DISCONTINUED OPERATIONS	0	0
J. OFF BALANCE SHEET ASSETS	9,559,638	37,874,495	25

Documents

1.3 Consolidated balance sheet for Life insurance as at 31 December 2011 (XLS / 41.00 kB)

Financial statements

1.3 Consolidated Balance Sheet for Life Insurance as at 31 December 2011

Documents