BALANCE SHEET

in EUR

 
31 Dec 2016  
 
31 Dec 2015 
 
ASSETS 733,214,576 665,354,600
A. Intangible assets 5,512,694 6,065,163
B. Property, plant and equipment 29,340,310 27,823,294
C. Non-current assets held for sale 2,029,983 2,029,983
D. Deferred tax assets 6,083,846 2,832,029
E. Investment properties 29,566,583 30,835,438
F. Financial investments in subsidiaries and associates 58,161,079 20,189,796
G. Financial investments 259,131,080 245,974,277
  1. In loans and deposits 32,352,930 39,617,921
  2. In held-to-maturity financial assets 38,008,230 39,471,526
  3. In available-for-sale financial assets; 180,929,889 151,564,256
  4. In financial asstes measured at fair value 7,840,031 15,320,574
H. Unit-linked investments of policyholders 287,601,433 263,760,339
I. Amounts of technical provisions ceded to reinsurers 17,399,320 17,215,350
J. Assets from investment contracts 4,753,190 -
K. Receivables 22,766,149 29,786,767
  1. Receivables from direct insurance business 17,407,497 18,446,651
  2. Receivables from reinsurance and coinsurance 1,772,999 1,567,876
  3. Income tax receivables (0)

3,483,865

  4. Other receivables 3,585,653 6,288,375
L. Other assets 5,330,357 5,940,403
M. Cash and cash equivalents 5,538,551 12,901,762
Off-balance sheet items 24,724,739 28,372,790
EQUITY AND LIABILITIES 733,214,576 665,354,600
A. Equity 95,915,172 100,930,157
  1. Share capital 42,999,530 42,999,530
  2. Capital reserves 4,211,782 4,211,782
  3. Reserve from profit 9,223,936 15,543,287
  4. Revaluation surplus 58,661 3,540,100
  5. Retained net earnings 26,467,638 19,916,770
  6. Net profit or loss for the financial year

12,953,626

14,718,688
B. Subordinated liabilities 49,453,317 -
C. Technical provisons 271,895,805 269,044,614
  1. Unearned premiums 49,382,871 49,762,262
  2. Mathematical provisions 107,250,524 102,765,143
  3. Outstanding claims provisions 114,097,124 115,307,024
  4. Other technical provisions 1,165,287 1,210,185
D. Insurance technical provisions for unit-linked insurance 282,619,438 259,697,710
E. Other provisions 3,815,150 4,576,757
F. Liabilities related to non current assets held for sale - -
G. Deferred tax liabilities 98,641 732,097
H. Liabilities from investment contracts 4,753,190 -
I. Other financial liabilities 1,046,383 984,291
J. Operating liabilities 6,417,671 6,893,232
  1. Liabilities from direct insurance contracts 3,862,611 3,868,003
  2. Liabilities from reinsurance and coinsurance contracts 1,955,043 1,484,491
  3. Income tax liabilities 600,017 1,540,738
K. Other liabilities 17,199,809 22,495,744
Off-balance sheet items 24,724,739 28,372,790