|
|
in EUR |
|
|
2011 |
2010 |
Index |
I. PREMIUM EARNED |
113,521,390 |
115,562,892 |
98 |
1. Gross premium earned |
113,582,082 |
115,179,323 |
99 |
2. Change of unearned premium |
-60,692 |
383,569 |
|
II. INCOME FROM INVESTMENTS |
41,958,827 |
46,704,029 |
90 |
1. Income from dividends |
254,432 |
261,211 |
97 |
1.1 Dividends from subsidiaries |
0 |
0 |
|
1.2 Dividends from associated companies |
0 |
0 |
|
1.3 Dividends from others |
254,432 |
261,211 |
97 |
2. Income from other investments |
37,543,604 |
38,058,997 |
99 |
2.1 Income from land and buildings |
123,527 |
79,720 |
155 |
2.2 Interest income |
32,378,254 |
32,270,387 |
100 |
2.3 Other income from investments |
5,041,823 |
5,708,890 |
88 |
2.3.1 Financial income from revaluation |
3,697,486 |
5,716,107 |
65 |
2.3.2 Other financial income |
1,344,337 |
-7,217 |
|
3. Income from investment value adjustments |
0 |
0 |
|
4. Gains from disposal of investments |
4,160,791 |
8,383,821 |
50 |
III. OTHER INCOME FROM INSURANCE |
611,354 |
734,387 |
83 |
IV. EXPENSES FROM CLAIMS |
87,990,115 |
84,994,470 |
104 |
1. Claims expenses |
88,818,318 |
85,248,464 |
104 |
2. Change in provisions from claims |
-828,203 |
-253,994 |
326 |
V. CHANGE IN OTHER TECHNICAL PROVISIONS (+/-) |
10,409,288 |
39,807,301 |
26 |
1. Change in mathematical provision (+/-) |
10,409,288 |
39,807,301 |
26 |
1.1 Change in mathematical provisions without share in profit(+/-) |
5,049,913 |
32,852,214 |
15 |
1.2 Change in mathematical provision from share in profit (+/-) |
5,359,375 |
6,955,087 |
77 |
2. Change in other technical provisions(+/-) |
0 |
0 |
|
VI. EXPENSES FOR BONUSES AND DISCOUNTS |
1,792 |
736 |
243 |
VII. EXPENSES INCLUDED IN POLICIES |
17,754,236 |
15,858,501 |
112 |
1. Entry fees |
2,850,514 |
1,413,359 |
202 |
2. Incasso, administrative expenses |
14,871,510 |
14,445,142 |
103 |
3. Costs of claims settlement |
32,212 |
0 |
|
VII. a) NET OPERATING EXPENSES |
16,022,804 |
14,916,233 |
107 |
1. Cost of contract aquisition |
9,073,905 |
8,094,328 |
112 |
2. Change in deferred costs of contract aquisition (+/-) |
0 |
0 |
|
3. Other operating expenses |
6,997,447 |
6,847,099 |
102 |
3.1 Amortisation and depreciation of assets, needed for operations |
266,590 |
450,591 |
59 |
3.2 Labour costs |
3,427,991 |
3,241,218 |
106 |
- salaries |
2,455,099 |
2,253,362 |
109 |
- costs of social and pension insurance |
562,454 |
563,567 |
100 |
- other labour costs |
410,438 |
424,289 |
97 |
3.3 Costs of services provided by outsourced netural persons other than |
49,539 |
69,057 |
72 |
3.4 Other operating expenses |
3,253,327 |
3,086,233 |
105 |
4. INCOME FROM REINSURANCE COMMISSIONS AND FROM PARTICIPATION IN THE POSITIVE TECHNICAL RESULT FROM REINSURANCE CONTRACTS (-) |
-48,548 |
-25,194 |
193 |
VIII. INVESTMENT EXPENSES |
27,372,058 |
8,510,291 |
322 |
1. Depreciation of assets, not neccessary for operations |
36,961 |
22,657 |
163 |
2. Expenses for asset management, interest expenses and othe financial expenses |
1,592,645 |
1,790,975 |
89 |
3. Financial expenses from revaluation |
17,109,652 |
4,616,285 |
371 |
4. Losses from disposal of financial investments |
8,632,800 |
2,080,374 |
415 |
IX. OTHER NET INSURANCE EXPENSES |
1,221,023 |
1,193,379 |
102 |
X. Profit /Loss from life assurance (I. + II. + III. - IV. - V. - VI. - VII. - VIII. - IX.) |
11,343,059 |
12,636,630 |
90 |
X.a) Profit /Loss from life assurance(I. + II. + III. - IV. - V. - VI. - VII.A - VIII. - IX.) |
13,074,491 |
13,578,898 |
96 |