Consolidated income statement
for the period from
1 January 2016 to 31 December 2016
in EUR '000 |
Notes |
2016 |
2015 adjusted |
||
|
|||||
Premiums |
28, V |
|
|
||
Premiums written – gross |
|
9,050,968 |
9,019,759 |
||
Premiums written - reinsurers’ share |
|
-810,623 |
-799,817 |
||
Premiums written – retention |
|
8,240,345 |
8,219,942 |
||
Change in unearned premiums – gross |
|
-72,735 |
-38,223 |
||
Change in unearned premiums – reinsurers’ share |
|
23,646 |
-1,184 |
||
Net earned premiums – retention |
|
8,191,256 |
8,180,535 |
||
Financial result excluding at equity consolidated companies |
29 |
912,188 |
999,987 |
||
Income from investments |
|
1,416,088 |
1,452,907 |
||
Expenses for investments and interest expenses |
|
-503,900 |
-452,920 |
||
Result from shares in at equity consolidated companies |
30 |
46,621 |
40,209 |
||
Other income |
31 |
150,449 |
150,207 |
||
Expenses for claims and insurance benefits |
32, W |
-6,753,449 |
-6,748,874 |
||
Expenses for claims and insurance benefits – gross |
|
-7,085,077 |
-7,107,571 |
||
Expenses for claims and insurance benefits – reinsurers’ share |
|
331,628 |
358,697 |
||
Acquisition and administrative expenses |
33, X |
-1,907,805 |
-1,847,567 |
||
Acquisition expenses |
|
-1,665,277 |
-1,605,201 |
||
Administrative expenses |
|
-381,370 |
-364,698 |
||
Reinsurance commissions |
|
138,842 |
122,332 |
||
Other expenses |
34 |
-232,526 |
-727,440 |
||
Result before taxes |
|
406,734 |
47,057 |
||
Tax expenses/income |
35 |
-85,744 |
-61,823 |
||
Result of the period |
|
320,990 |
-14,766 |
||
thereof attributable to Vienna Insurance Group shareholders |
|
287,778 |
-20,581 |
||
thereof other non-controlling interests |
14 |
4,246 |
5,815 |
||
thereof non-controlling interests in non-profit societies |
14 |
28,966 |
0 |
||
|
|
|
|
||
Result per share* |
14 |
|
|
||
Undiluted = diluted result per share (in EUR) |
|
2.16 |
-0.27 |
||
|
|
|
|
||
|
|
|
|
||
Result of the period (Carry-forward) |
|
320,990 |
-14,766 |