Consolidated income statement by segment as at 31 December 2010


        in EUR
      2010    
  TOTAL Non-life Life Health Other
NET PREMIUM INCOME 946,170,224 652,006,405 221,741,724 72,422,095 0
- gross written premium 1,013,560,225 719,738,383 221,373,955 72,447,887 0
- ceded written premium -74,371,737 -74,355,937 -15,8 0 0
- change in unearned premiums 6,981,736 6,623,959 383,569 -25,792 0
TOTAL INCOME FROM FINANCIAL ASSETS 181,533,362 69,946,117 106,722,516 444,963 4,419,766
INCOME FROM FINANCIAL ASSETS IN ASSOCIATES 6,332,162 2,640,068 1,568,394 0 2,123,700
- profit on equity investments accounted for using the equity method 3,525,434 634,933 829,158 0 2,061,343
- drugi prihodki od finančnih sredstev v povezanih družbah 2,806,728 2,005,135 739,236 0 62,357
INCOME FROM OTHER FINANCIAL ASSETS 132,682,857 67,306,049 62,635,779 444,963 2,296,066
NET UNREALISED GAINS ON UNIT-LINKED LIFE INSURANCE ASSETS 42,518,343 0 42,518,343 0 0
OTHER INCOME FROM INSURANCE OPERATIONS 22,433,024 4,944,278 17,477,620 11,126 0
- fees and commission income 14,633,234 -1,567,510 16,200,744 0 0
- other income from insurance operations 7,799,790 6,511,788 1,276,876 11,126 0
OTHER INCOME 61,561,494 9,305,290 472,491 13,579 51,770,134
NET CLAIMS INCURRED 557,704,906 387,106,040 107,005,609 63,593,257 0
- gross claims settled 588,325,459 423,739,664 107,291,185 57,294,610 0
- reinsurers’ and co-insurers’ share -30,148,316 -30,148,316 0 0 0
- changes in claims provisions -6,334,129 -6,485,308 -285,576 436,755 0
- equalisation scheme expenses for supplementary health insurance 5,861,892 0 0 5,861,892 0
CHANGE IN OTHER INSURANCE TECHNICAL PROVISIONS 62,450,614 -2,973,409 64,796,824 627,199 0
CHANGE IN INSURANCE TECHNICAL PROVISIONS FOR UNIT-LINKED INSURANCE CONTRACTS 66,351,880 0 66,351,880 0 0
EXPENSES FOR BONUSES AND DISCOUNTS 5,735,228 5,734,492 736 0 0
OPERATING EXPENSES 208,135,976 166,180,092 34,133,099 7,822,785 0
- costs of insurance contract acquisition 132,463,862 111,067,397 19,997,235 1,399,230 0
- other operating costs 75,672,114 55,112,695 14,135,864 6,423,555 0
EXPENSES FROM FINANCIAL ASSETS AND LIABILITIES 121,554,254 66,032,626 47,172,551 104,298 8,244,779
EXPENSES FROM FINANCIAL ASSETS AND LIABILITIES IN ASSOCIATES 4,683,649 65,544 2,556,881 1,196 2,060,028
- loss on investments accounted for using the equity method 1,504,027 7 11,121 0 1,492,899
- other expenses from financial assets and liabilities in associates 3,179,622 65,537 2,545,760 1,196 567,129
EXPENSES FROM OTHER FINANCIAL ASSETS AND LIABILITIES 88,273,022 65,967,082 16,018,087 103,102 6,184,751
- permanent impairments 48,664,399 42,008,125 2,330,252 83,941 4,242,081
- other expenses from financial assets and liabilities 39,608,623 23,958,957 13,687,835 19,161 1,942,670
NET UNREALISED LOSSES ON UNIT-LINKED LIFE INSURANCE ASSETS 28,597,583 0 28,597,583 0 0
OTHER INSURANCE EXPENSES  61,439,998 43,065,739 17,981,071 393,188 0
OTHER EXPENSES 85,074,981 28,819,673 1,361,800 39,56 54,853,948
PROFIT/ LOSS BEFORE TAX 43,250,267 42,236,837 7,610,781 311,476 -6,908,827
Income tax expense -16,600,458 -14,439,009 -1,763,389 72,449 -470,509
NET PROFIT/LOSS 26,649,809 27,797,828 5,847,392 383,925 -7,379,336
 
 
 
 
 
 
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