Consolidated statement of income as at 30 June 2013
| in EUR thousand | 1.4. – 30.6.2013 | 1.1. – 30.6.2013 | 1.4. – 30.6.20121 | 1.1. – 30.6.20121 |
|---|---|---|---|---|
| Gross written premium | 3,468,787 | 7,226,662 | 3,377,877 | 6,888,444 |
| Ceded written premium | 343,469 | 724,390 | 389,552 | 703,761 |
| Change in gross unearned premium | (7,227) | (345,708) | (29,965) | (453,106) |
| Change in ceded unearned premium | (7,433) | 34,955 | 50,261 | 93,209 |
| Net premium earned | 3,110,658 | 6,191,519 | 3,008,621 | 5,824,786 |
| Ordinary investment income | 257,494 | 503,601 | 273,799 | 531,958 |
| Profit/loss from investments in associated companies | 5,150 | 6,240 | 1,646 | 3,449 |
| Realised gains and losses on investments | 49,726 | 84,498 | 30,187 | 67,994 |
| Unrealised gains and losses on investments | (40,834) | (37,523) | (81,617) | 2,945 |
| Total depreciation, impairments and appreciation of investments | 5,072 | 8,165 | 4,968 | 12,020 |
| Other investment expenses | 25,935 | 47,202 | 22,765 | 41,158 |
| Net income from investments under own management | 240,529 | 501,449 | 196,282 | 553,168 |
| Income/expense on funds withheld and contract deposits | 93,726 | 187,549 | 72,553 | 156,283 |
| Net investment income | 334,255 | 688,998 | 268,835 | 709,451 |
| Other technical income | 131 | 836 | 432 | 817 |
| Total revenues | 3,445,044 | 6,881,353 | 3,277,888 | 6,535,054 |
| Claims and claims expenses | 2,304,682 | 4,574,695 | 2,222,652 | 4,268,763 |
| Change in benefit reserves | (27,676) | 51,467 | 29,196 | 138,232 |
| Commission and brokerage, change in deferred acquisition costs | 766,662 | 1,391,139 | 683,338 | 1,266,031 |
| Other acquisition costs | 1,042 | 1,890 | 4,217 | 7,491 |
| Other technical expenses | 5,343 | 6,710 | 957 | 1,973 |
| Administrative expenses | 83,639 | 171,998 | 82,265 | 156,356 |
| Total technical expenses | 3,133,692 | 6,197,899 | 3,022,625 | 5,838,846 |
| Other income and expenses | 6,793 | (12,800) | (51,244) | (99,019) |
| Operating profit (EBIT) | 318,145 | 670,654 | 204,019 | 597,189 |
| Interest on hybrid capital | 31,662 | 63,041 | 25,232 | 50,603 |
| Net income before taxes | 286,483 | 607,613 | 178,787 | 546,586 |
| Taxes | 83,045 | 165,372 | 32,412 | 124,919 |
| Net income | 203,438 | 442,241 | 146,375 | 421,667 |
| thereof | ||||
| Non-controlling interest in profit and loss | 17,127 | 34,526 | 2,382 | 16,373 |
| Group net income | 186,311 | 407,715 | 143,993 | 405,294 |
| Earnings per share (in EUR) | 1.54 | 3.38 | 1.19 | 3.36 |
| 1 Adjusted on the basis of IAS 8 (cf. Section 2 of the Notes) | ||||