Consolidated balance sheet as at 31 December 2007
Liabilities |
Note |
31.12.2008 |
31.12.20071) |
||
|
Figures in EUR million |
|
||||
|
A. Shareholders’ equity |
|
||||
|
a. Common shares |
260 |
|
260 |
||
|
b. Reserves |
3,354 |
|
3,472 |
||
|
Total shareholders’ equity excluding minorities |
3,614 |
|
3,732 |
||
|
c. Minority interests |
2,104 |
|
2,431 |
||
|
Total shareholders’ equity |
5,718 |
6,163 |
|||
|
|
|||||
|
B. Subordinated liabilities |
2,074 |
|
2,168 |
||
|
|
|||||
|
C. Technical provisions |
|
||||
|
a. Unearned premium reserve |
4,894 |
|
4,755 |
||
|
b. Benefit reserve |
36,386 |
|
35,987 |
||
|
c. Loss and loss adjustment expense reserve |
27,161 |
|
26,651 |
||
|
d. Provision for premium refunds |
973 |
|
1,403 |
||
|
e. Other technical provisions |
198 |
|
226 |
||
|
69,612 |
|
69,022 |
|||
|
|
|||||
|
D. Technical provisions in the area of life insurance insofar |
3,371 |
|
4,314 |
||
|
|
|||||
|
E. Other provisions |
|
||||
|
a. Provision for pensions |
1,272 |
|
1,251 |
||
|
b. Provision for taxes |
619 |
|
725 |
||
|
c. Sundry provisions |
525 |
|
582 |
||
|
2,416 |
|
2,558 |
|||
|
|
|||||
|
F. Liabilities |
|
||||
|
a. Notes payable and loans |
602 |
|
600 |
||
|
b. Funds held under reinsurance treaties |
5,974 |
|
4,733 |
||
|
c. Other liabilities |
4,901 |
|
4,682 |
||
|
11,477 |
|
10,015 |
|||
|
|
|||||
|
G. Provision for deferred taxes |
1,377 |
|
1,155 |
||
|
|
|||||
|
Total liabilities/provisions |
90,327 |
89,232 |
|||
|
|
|||||
|
H. Debts of disposal groups classified as held for sale |
— |
— |
|||
|
|
|||||
|
Total liabilities |
96,045 |
95,395 |
|||
1) Adjusted on the basis of IAS 8 | |||||