Consolidated income statement
in EUR '000 |
Notes |
2017 |
2016 |
||
|
|||||
Premiums |
|
|
|
||
Premiums written – gross |
15 |
9,386,040 |
9,050,968 |
||
Premiums written – reinsurers´ share |
|
-800,787 |
-810,623 |
||
Premiums written – retention |
|
8,585,253 |
8,240,345 |
||
Change in unearned premiums – gross |
|
-82,947 |
-72,735 |
||
Change in unearned premiums – reinsurers´ share |
|
7,256 |
23,646 |
||
Net earned premiums – retention |
L |
8,509,562 |
8,191,256 |
||
Financial result excluding at equity consolidated companies |
16 |
881,526 |
912,188 |
||
Income from investments |
|
1,586,950 |
1,416,088 |
||
Expenses for investments and interest expenses |
|
-705,424 |
-503,900 |
||
Result from shares in at equity consolidated companies |
17 |
42,754 |
46,621 |
||
Other income |
18 |
223,149 |
150,449 |
||
Expenses for claims and insurance benefits – retention |
19, M |
-6,872,588 |
-6,753,449 |
||
Expenses for claims and insurance benefits – gross |
|
-7,366,621 |
-7,085,077 |
||
Expenses for claims and insurance benefits – reinsurers´ share |
|
494,033 |
331,628 |
||
Acquisition and administrative expenses |
20, N |
-2,040,282 |
-1,907,805 |
||
Acquisition expenses |
|
-1,769,054 |
-1,665,277 |
||
Administrative expenses |
|
-414,666 |
-381,370 |
||
Reinsurance commissions |
|
143,438 |
138,842 |
||
Other expenses |
21 |
-301,572 |
-232,526 |
||
Result before taxes |
|
442,549 |
406,734 |
||
Taxes |
22 |
-69,958 |
-85,744 |
||
Result of the period |
|
372,591 |
320,990 |
||
thereof attributable to Vienna Insurance Group shareholders |
|
297,596 |
287,778 |
||
thereof other non-controlling interests |
|
7,052 |
4,246 |
||
thereof non-controlling interests in non-profit societies |
|
67,943 |
28,966 |
||
|
|
|
|
||
Earnings Result per share* (in EUR) |
8 |
2.23 |
2.16 |
||
|
|
|
|
||
Result of the period (carryforward) |
|
372,591 |
320,990 |