The consolidated statement of financial position and consolidated income statement by business segment are shown below for the reporting and the previous year.

In the consolidation process intercompany eliminations between segments which had impact on their profit/loss. These included: acquisition costs and acquisition income/benefits, premium income and operating expenses. The above stated eliminations had no impact on consolidated profit/loss. The use of the equity method and the elimination of the impairment of investments in subsidiaries represent the key intercompany eliminations which also had an impact on the profit/loss of sub-sections and consolidated profit/loss. These impacts are disclosed under financial income and financial expenses.

The management monitors the operations of the Group according to the following main segments:

• non-life insurance,
• life insurance,
• health insurance and
• non-insurance operations.