Consolidated financial statements under IFRS for the year ended
Consolidated profit and loss account …………………………………………. …… …………………………………….. …… .
4
Consolidated statement of comprehensive income ……………………………. ………………… ………………………. …
5
Consolidated statement of financial position …………………………………………. ………………….. ………………………. ………..
6
Consolidated statement of changes in equity ………………………………………….. ……. ……………………………………..
8
Consolidated cash flow statement …………………………………….. …… …………………………………….. …… …
ten
Additional information and remarks ………………………………………. ……………………………………………. .
12
1.
Introduction …………………………………………. ………………………………………….. ………………………………………….. ………
12
2.
Composition of
15
3.
Shareholding structure ……………………………………….. …………………………………………….. ……………………………………………..
30
4.
Composition of the Management Board,
31
5.
Main accounting methods, main estimates and judgments ………………………………………….. …….. …………………………………… ……
33
6.
Sector reports………………………………………… ……………… ………………………….. ……………… ………………………….. ………………
46
7.
Risk management ……………………………………….. …………………………………………. …………………………………………. . .
56
8.
Equity management ……………………………………….. ……………………………………………. ……………………………………………. .
93
9.
Just value ………………………………………… ………………………………………….. ………………………………………….. ……………
95
ten.
Gross written premiums ………………………………………….. … ……………………………………….. … ………………………………….
104
11.
Income from commissions and fees …………………………………….. …… …………………………………….. …… …………………..
105
12.
Interest income calculated using the effective interest rate ……………………………. ……….. ……………………………………..
106
13.
Other net investment income ………………………………………….. …………………………………………….. ….. ……………………………
107
14.
Result on the derecognition of financial instruments and investments ……………………………………….. ……. …………………………..
107
15.
Change in provisions for expected credit losses and impairment losses on financial instruments………………………………
108
16.
Net change in fair value of assets and liabilities measured at fair value …………………………………….. …. ……………….
108
17.
Other exploitation products ……………………………………… ………………………………………….. …………………………………………..
109
18.
Claims, benefits and movement of technical provisions……………………………………….. …….. …………………………………… …
109
19.
Expenses of fees and commissions ……………………………………. ……. ………………………………………… ……. ………………………………………… ….
110
20.
Interest charges ……………………………………….. ………………………………………….. ………………………………………….. ..
111
21.
Acquisition fee ………………………………………. ……………………………………………. ……………………………………………. ..
111
22.
Administrative expenses………………………………………… ………………………………………….. ……………………………………..
112
23.
Personnel expenses ……………………………………….. … ……………………………………….. … ………………………………………..
112
24.
Other operating expenses ……………………………………… ………………………………………….. .. ……………………………….
113
25.
Income tax………………………………………. ………………………………………….. ………………………………………….. .. ………..
113
26.
Earnings per share ……………………………………….. ………………………………………….. …………………………………………..
115
27.
115
28.
Intangible assets ………………………………………… ………………………………………….. ………………………………………….. .. .
118
29.
Other assets ………………………………………… ………………………………………….. ………………………………………….. ……..
120
30.
Deferred acquisition costs …………………………………….. …………………………………………….. ….. ……………………………….
121
31.
Tangible fixed assets ………………………………………… ………………………………………….. …………………………………………..
122
32.
Investment property ……………………………………….. ………………………………………….. …………………………………………..
124
2
