Content

Font size

Consolidated cash flow statement as at 31 March 2013

Download table (28 KB) excel

in EUR thousand   1.1. - 31.3.2013 1.1. - 31.3.20121
1 Adjusted on the basis of IAS 8 (cf. Section 2 of the Notes)
I. Cash flow from operating activities    
  Net income 238,803 275,292
  Appreciation/depreciation 5,557 10,005
  Net realised gains and losses on investments (34,772) (37,807)
  Net unrealised gains and losses on investments (3,311) (84,562)
  Effect on net income from deconsolidation (6,661) -
  Income from the recognition of negative goodwill (175) -
  Amortisation of investments 33,037 18,879
  Changes in funds withheld (137,259) (164,405)
  Net changes in contract deposits 119,966 129,892
  Changes in prepaid reinsurance premium (net) 296,171 379,974
  Changes in tax assets/provisions for taxes 24,899 25,819
  Changes in benefit reserve (net) 63,952 60,625
  Changes in claims reserves (net) 719,543 531,229
  Changes in deferred acquisition costs (17,742) (40,485)
  Changes in other technical provisions 11,058 14,897
  Changes in clearing balances (931,567) (425,852)
  Changes in other assets and liabilities (net) 33,886 43,124
  Cash flow from operating activities 415,385 736,625
in EUR thousand   1.1. - 31.3.2013 1.1. - 31.3.20121
1 Adjusted on the basis of IAS 8 (cf. Section 2 of the Notes)
I. Cash flow from operating activities    
  Net income 238,803 275,292
  Appreciation/depreciation 5,557 10,005
  Net realised gains and losses on investments (34,772) (37,807)
  Net unrealised gains and losses on investments (3,311) (84,562)
  Effect on net income from deconsolidation (6,661) -
  Income from the recognition of negative goodwill (175) -
  Amortisation of investments 33,037 18,879
  Changes in funds withheld (137,259) (164,405)
  Net changes in contract deposits 119,966 129,892
  Changes in prepaid reinsurance premium (net) 296,171 379,974
  Changes in tax assets/provisions for taxes 24,899 25,819
  Changes in benefit reserve (net) 63,952 60,625
  Changes in claims reserves (net) 719,543 531,229
  Changes in deferred acquisition costs (17,742) (40,485)
  Changes in other technical provisions 11,058 14,897
  Changes in clearing balances (931,567) (425,852)
  Changes in other assets and liabilities (net) 33,886 43,124
  Cash flow from operating activities 415,385 736,625
in EUR thousand   1.1. - 31.3.2013 1.1. - 31.3.2012
2 Since the 2012 annual financial statements the supplementary information on the cash flow statement has been expanded to include dividend receipts as well as a breakdown of interest received and paid. The figures for the previous year were recalculated in this context. The income taxes as well as dividend receipts and interest received are included entirely in the cash flow from operating activities. The interest paid is attributable in an amount of EUR 45,126 thousand (EUR 47,777 thousand) to the cash flow from financing activities and in an amount of EUR 20,989 thousand (EUR 15,980 thousand) to the cash flow from operating activities.

3 Including dividend-like profit participations from investment funds
II. Cash flow from investing activities    
  Fixed-income securities – held to maturity    
  Maturities 330,017 146,191
  Purchases (46,980) -
  Fixed-income securities – loans and receivables    
  Maturities, sales 89,969 166,857
  Purchases (75,192) (39,418)
  Fixed-income securities – available for sale    
  Maturities, sales 2,340,604 2,434,153
  Purchases (2,763,155) (3,285,477)
  Fixed-income securities – at fair value through profit or loss    
  Maturities, sales 21,205 11,918
  Purchases (6,525) (31,599)
  Equity securities – available for sale    
  Sales 3,907 -
  Purchases (2,398) (1,568)
  Other financial assets – at fair value through profit or loss    
  Sales - 185
  Other invested assets    
  Sales 27,091 11,239
  Purchases (25,624) (32,637)
  Affiliated companies and participating interests    
  Sales - 23
  Purchases - (8,202)
  Real estate and real estate funds    
  Sales 13,351 28,954
  Purchases (180,098) (33,901)
  Short-term investments    
  Changes (44,517) (32,666)
  Other changes (net) (4,641) (3,770)
  Cash flow from investing activities (322,986) (669,718)
       
III. Cash flow from financing activities    
  Contribution from capital measures 309 94
  Payment on capital measures (2,555) (3,982)
  Structural change without loss of control (22) -
  Dividends paid (47,504) (45,408)
  Proceeds from long-term debts 4,551 -
  Repayment of long-term debts (9,947) (9,046)
  Cash flow from financing activities (55,168) (58,342)
       
IV. Exchange rate differences on cash 9,721 (12,688)
  Cash and cash equivalents at the beginning of the period 572,188 506,963
  Change in cash and cash equivalents (I. + II. + III. + IV.) 46,952 (4,123)
  Changes in the consolidated Group (3,833) -
  Cash and cash equivalents at the end of the period 615,307 502,840
  Supplementary information on the cash flow statement2    
  Income taxes paid (on balance) (59,914) (38,608)
  Dividend receipts3 10,384 5,760
  Interest received 347,307 347,177
  Interest paid (66,109) (63,757)

See: Quarterly financial report incl. notes (PDF 1.0 MB)

History

Your last visited pages:

More Information

Topic related links within the report:

Topic Navigation

Build your own individual report according to the topics you are interested in. Choose the topics which are essential for you.







 
show all

My Interim Report

Your page has been added successfully. Please click on "My Interim Report" in the service section to see your selection.

Link für Popup