Consolidated income statement
for the period from
1 January 2014 to 31 December 2014

XLS Download

 

Notes

2014

2013 restated

*

The calculation of EPS includes accured interest expenses for hybrid capital.

in EUR '000

 

 

 

Premiums

28

 

 

Premiums written – gross

 

9,145,728

9,218,574

Premiums written – reinsurers´ share

 

-808,551

-773,195

Premiums written – retention

 

8,337,177

8,445,379

Change in unearned premiums – gross

 

12,643

27,868

Change in unearned premiums – reinsurers' share

 

3,922

5,804

Net earned premiums – retention

 

8,353,742

8,479,051

Financial result excluding at equity consolidated companies

29

 

 

Income from investments

 

1,517,822

1,650,376

Expenses for investments and interest expenses

 

-465,519

-460,917

Total financial result excluding at equity consolidated companies

 

1,052,303

1,189,459

Result from shares in at equity consolidated companies

30

64,557

37,394

Other income

31

125,458

143,897

Expenses for claims and insurance benefits

32

 

 

Expenses for claims and insurance benefits – gross

 

-7,368,056

-7,597,410

Expenses for claims and insurance benefits – reinsurers' share

 

448,123

386,858

Total expenses for claims and insurance benefits

 

-6,919,933

-7,210,552

Acquisition and administrative expenses

33

 

 

Acquisition expenses

 

-1,662,532

-1,629,998

Administrative expenses

 

-345,459

-344,053

Reinsurance commissions

 

133,218

107,733

Total acquisition and administrative expenses

 

-1,874,773

-1,866,318

Other expenses

34

-282,988

-417,784

Profit before taxes

 

518,366

355,147

Tax expenses

35

-127,006

-98,837

Profit for the period

 

391,360

256,310

thereof attributable to Vienna Insurance Group shareholders

 

366,800

234,329

thereof non-controlling interests in profit for the period

14

24,560

21,981

 

 

 

 

Earnings per share*

14

 

 

Undiluted = diluted earnings per share (in EUR)

 

2.75

1.57

 

 

 

 

 

 

 

 

Profit for the period (Carry-forward)

 

391,360

256,310

For the basis of the measurements shown in the following tables (segment reports and cash flow statement) please refer to the number and letter references of the corresponding items in the consolidated balance sheet and consolidated income statement.