Consolidated income statement by lines of business and regions

Consolidated income statement by lines of business

LINES OF BUSINESS	Property and casualty		Life		Health		Total
	2014	2013 restated	2014	2013 restated	2014	2013	2014	2013 restated
in EUR '000
Premiums written – gross	4,560,392	4,618,377	4,199,041	4,202,372	386,295	397,825	9,145,728	9,218,574
Net earned premiums	3,791,322	3,910,017	4,166,189	4,168,627	396,231	400,407	8,353,742	8,479,051
Financial result excl. at equity consolidated companies	192,567	236,689	826,236	933,519	33,500	19,251	1,052,303	1,189,459
Income from investments	409,084	487,112	1,055,668	1,116,675	53,070	46,589	1,517,822	1,650,376
Expenses for investments and interest expenses	-216,517	-250,423	-229,432	-183,156	-19,570	-27,338	-465,519	-460,917
Result from shares in at equity consolidated companies	54,961	30,825	9,596	6,569	0	0	64,557	37,394
Other income	79,356	85,224	45,973	58,497	129	176	125,458	143,897
Expenses for claims and insurance benefits	-2,495,268	-2,714,113	-4,094,396	-4,162,850	-330,269	-333,589	-6,919,933	-7,210,552
Acquisition and administrative expenses	-1,120,460	-1,169,693	-703,183	-649,739	-51,130	-46,886	-1,874,773	-1,866,318
Other expenses	-192,843	-325,373	-88,841	-88,623	-1,304	-3,788	-282,988	-417,784
Profit before taxes	309,635	53,576	161,574	266,000	47,157	35,571	518,366	355,147
Tax expenses	-102,714	-63,580	-15,675	-32,409	-8,617	-2,848	-127,006	-98,837
Profit for the period	206,921	-10,004	145,899	233,591	38,540	32,723	391,360	256,310

Consolidated income statement by regions

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REGIONS			Austria		Czech Republic		Slovakia		Poland
			2014	2013 restated	2014	2013	2014	2013	2014	2013
in EUR '000
Premiums written – gross			4,076,992	4,073,885	1,683,406	1,762,082	726,987	744,666	1,034,051	1,142,304
Net earned premiums			3,370,793	3,348,476	1,366,044	1,429,555	597,046	615,150	852,934	939,730
Financial result excl. at equity consolidated companies			748,035	890,622	102,514	112,239	54,427	52,837	52,872	48,771
Income from investments			1,041,535	1,098,781	131,926	153,404	57,511	56,860	65,280	83,740
Expenses for investments and interest expenses			-293,500	-208,159	-29,412	-41,165	-3,084	-4,023	-12,408	-34,969
Result from shares in at equity consolidated companies			13,745	6,560	4,976	4,168	0	0	0	0
Other income			20,741	17,322	35,650	50,909	12,489	10,908	7,188	5,970
Expenses for claims and insurance benefits			-3,320,211	-3,338,288	-957,521	-1,008,522	-481,258	-511,406	-582,744	-709,912
Acquisition and administrative expenses			-627,210	-606,970	-332,471	-345,822	-91,436	-88,101	-260,330	-222,536
Other expenses			-36,166	-82,631	-41,325	-44,708	-31,813	-24,131	-14,765	-11,803
Profit before taxes			169,727	235,091	177,867	197,819	59,455	55,257	55,155	50,220
Tax expenses			-26,063	-17,823	-37,863	-38,034	-16,089	-14,607	-15,076	-14,054
Profit for the period			143,664	217,268	140,004	159,785	43,366	40,650	40,079	36,166

REGIONS	Romania		Remaining Markets		Central Functions		Consolidation		Total
	2014	2013	2014	2013 restated	2014	2013 restated	2014	2013	2014	2013 restated
in EUR '000
Premiums written – gross	339,673	361,796	1,155,639	1,061,635	1,289,843	1,303,850	-1,160,863	-1,231,644	9,145,728	9,218,574
Net earned premiums	184,486	170,979	880,131	809,267	1,105,542	1,160,106	-3,234	5,788	8,353,742	8,479,051
Financial result excl. at equity consolidated companies	15,012	9,043	94,638	82,821	-14,931	-7,021	-264	147	1,052,303	1,189,459
Income from investments	24,361	27,848	117,529	115,836	146,952	184,685	-67,272	-70,778	1,517,822	1,650,376
Expenses for investments and interest expenses	-9,349	-18,805	-22,891	-33,015	-161,883	-191,706	67,008	70,925	-465,519	-460,917
Result from shares in at equity consolidated companies	0	0	0	0	45,836	26,666	0	0	64,557	37,394
Other income	23,139	11,779	15,639	28,348	11,565	19,519	-953	-858	125,458	143,897
Expenses for claims and insurance benefits	-123,680	-175,438	-653,142	-580,315	-799,584	-879,517	-1,793	-7,154	-6,919,933	-7,210,552
Acquisition and administrative expenses	-74,294	-87,407	-209,291	-230,679	-282,958	-282,188	3,217	-2,615	-1,874,773	-1,866,318
Other expenses	-18,586	-27,659	-76,315	-60,441	-67,712	-170,875	3,694	4,464	-282,988	-417,784
Profit before taxes	6,077	-98,703	51,660	49,001	-2,242	-133,310	667	-228	518,366	355,147
Tax expenses	2,008	7,073	-12,657	-11,961	-21,266	-9,431	0	0	-127,006	-98,837
Profit for the period	8,085	-91,630	39,003	37,040	-23,508	-142,741	667	-228	391,360	256,310