Consolidated income statement
for the period from
1 January 2014 to 31 December 2014
XLS Download |
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Notes |
2014 |
2013 restated |
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in EUR '000 |
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Premiums |
28 |
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Premiums written – gross |
|
9,145,728 |
9,218,574 |
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Premiums written – reinsurers´ share |
|
-808,551 |
-773,195 |
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Premiums written – retention |
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8,337,177 |
8,445,379 |
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Change in unearned premiums – gross |
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12,643 |
27,868 |
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Change in unearned premiums – reinsurers' share |
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3,922 |
5,804 |
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Net earned premiums – retention |
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8,353,742 |
8,479,051 |
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Financial result excluding at equity consolidated companies |
29 |
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|
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Income from investments |
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1,517,822 |
1,650,376 |
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Expenses for investments and interest expenses |
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-465,519 |
-460,917 |
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Total financial result excluding at equity consolidated companies |
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1,052,303 |
1,189,459 |
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Result from shares in at equity consolidated companies |
30 |
64,557 |
37,394 |
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Other income |
31 |
125,458 |
143,897 |
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Expenses for claims and insurance benefits |
32 |
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Expenses for claims and insurance benefits – gross |
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-7,368,056 |
-7,597,410 |
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Expenses for claims and insurance benefits – reinsurers' share |
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448,123 |
386,858 |
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Total expenses for claims and insurance benefits |
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-6,919,933 |
-7,210,552 |
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Acquisition and administrative expenses |
33 |
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Acquisition expenses |
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-1,662,532 |
-1,629,998 |
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Administrative expenses |
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-345,459 |
-344,053 |
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Reinsurance commissions |
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133,218 |
107,733 |
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Total acquisition and administrative expenses |
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-1,874,773 |
-1,866,318 |
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Other expenses |
34 |
-282,988 |
-417,784 |
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Profit before taxes |
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518,366 |
355,147 |
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Tax expenses |
35 |
-127,006 |
-98,837 |
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Profit for the period |
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391,360 |
256,310 |
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thereof attributable to Vienna Insurance Group shareholders |
|
366,800 |
234,329 |
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thereof non-controlling interests in profit for the period |
14 |
24,560 |
21,981 |
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Earnings per share* |
14 |
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Undiluted = diluted earnings per share (in EUR) |
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2.75 |
1.57 |
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Profit for the period (Carry-forward) |
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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.