Annual report 2015
CONSOLIDATED BALANCE SHEET 31 December 2015
|
1 |
0 |
3 |
8 |
9 |
3 |
9 |
5 |
6 |
5 |
1 |
1 |
1 |
1 |
4 |
0 |
1 |
Statistical code
AEGON Magyarország Általános Biztosító Zrt.
Assets
HUF million
|
Description |
Previous year |
Current year |
|||
|
Total |
Life |
Non-life |
Other, unallocated |
Total |
|
|
a |
b |
c |
d |
e |
|
|
A. Intangible assets |
4,190 |
1,027 |
1,762 |
1,636 |
4,425 |
|
B. Investments |
201,529 |
64,407 |
33,506 |
80,212 |
178,125 |
|
I. Real estate |
2,138 |
0 |
2,019 |
1 |
2,020 |
|
of which: self-occupied real estate |
2,138 |
0 |
2,019 |
1 |
2,020 |
|
II. Investments in affiliated undertakings |
0 |
-1,199 |
1,199 |
0 |
0 |
|
1. Equity investments in parent companies and subsidiaries |
0 |
-1,199 |
1,199 |
0 |
0 |
|
2. Debt securities issued by, and loans to, parent company and subsidiaries |
0 |
0 |
0 |
0 |
0 |
|
3. Equity investments in joint and associated companies |
0 |
0 |
0 |
0 |
0 |
|
4. Debt securities issued by, and loans to, joint and associated companies |
0 |
0 |
0 |
0 |
0 |
|
III. Other investments |
199,391 |
65,606 |
30,288 |
80,211 |
176,105 |
|
1. Equity investments in undertakings with which the insurance undertaking is linked by virtue of a participating interest |
2,855 |
3,477 |
3,496 |
26 |
6,999 |
|
2. Debt securities (except II/2. and II/4.) |
106,122 |
61,546 |
26,792 |
7,353 |
95,691 |
|
3. Participation in investment pools |
0 |
0 |
0 |
0 |
0 |
|
4. Loans guaranteed by mortgages (except II/2. and II/4. and III/5.) |
87,670 |
0 |
0 |
71,845 |
71,845 |
|
5. Other loans (except II/2. and II/4. and III/4.) |
2,744 |
583 |
0 |
987 |
1,570 |
|
6. Deposits with credit institutions |
0 |
0 |
0 |
0 |
0 |
|
7. Other investments |
0 |
0 |
0 |
0 |
0 |
|
IV. Deposits with ceding undertakings |
0 |
0 |
0 |
0 |
0 |
|
V. Revaluation of investments |
0 |
0 |
0 |
0 |
0 |
|
VI. Investment valuation difference |
0 |
0 |
0 |
0 |
0 |
|
VII. Capital consolidation related to subsidiaires and associated undertakings |
0 |
0 |
0 |
0 |
0 |
|
C. A Investments for the benefit of unit-linked life assurance policyholders |
87,299 |
83,114 |
0 |
0 |
83,114 |
|
D. Debtors |
4,734 |
2,352 |
2,292 |
2,270 |
6,914 |
|
I. Debtors arising out of direct insurance operations |
1,617 |
197 |
931 |
5 |
1,133 |
|
1. Policyholders |
1,132 |
185 |
891 |
0 |
1,076 |
|
of which: a) affiliated undertakings |
0 |
0 |
0 |
0 |
0 |
|
b) undertakings with which an insurance undertaking is linked by virtue of participating interests |
0 |
0 |
0 |
0 |
0 |
|
2. Claims on insurance intermediaries |
228 |
12 |
15 |
5 |
32 |
|
of which: a) affiliated undertakings |
0 |
0 |
0 |
0 |
0 |
|
b) undertakings with which an insurance undertaking is linked by virtue of participating interests |
0 |
0 |
0 |
0 |
0 |
|
3. Other debtors arising out of direct insurance activity |
257 |
0 |
25 |
0 |
25 |
|
of which: a) affiliated undertakings |
0 |
0 |
0 |
0 |
0 |
|
b) undertakings with which an insurance undertaking is linked by virtue of participating interests |
0 |
0 |
0 |
0 |
0 |
|
II. Debtors arising out of reinsurance operations |
1 |
1 |
2 |
0 |
3 |
|
of which: a) affiliated undertakings |
0 |
0 |
0 |
0 |
0 |
|
b) undertakings with which an insurance undertaking is linked by virtue of participating interests |
0 |
0 |
0 |
0 |
0 |
|
III. Reinsurers’ share of the life assurance premium reserve |
0 |
0 |
0 |
0 |
0 |
|
IV. Other debtors |
3,116 |
2,154 |
1,359 |
2,265 |
5,778 |
|
of which: a) affiliated undertakings |
37 |
0 |
33 |
5 |
38 |
|
b) undertakings with which an insurance undertaking is linked by virtue of participating interests |
0 |
0 |
0 |
0 |
0 |
|
V. Corporate income tax receivable arising from consolidation (computed) |
0 |
0 |
0 |
0 |
0 |
|
VI. Derivates valuation difference |
0 |
0 |
0 |
0 |
0 |
|
VII. Corporate income tax receivable arising from consodilation (computed) |
0 |
0 |
0 |
0 |
0 |
|
E. Other assets |
6,265 |
315 |
3,309 |
2,226 |
5,850 |
|
1. Tangible assets (other than land and buildings), inventories |
1541 |
170 |
823 |
732 |
1725 |
|
2. Cash at bank and in hand |
4,724 |
145 |
2,486 |
1,494 |
4,125 |
|
3. Repurchased own shares |
0 |
0 |
0 |
0 |
0 |
|
4. Other |
0 |
0 |
0 |
0 |
0 |
|
F. Prepayments and accrued income |
10,180 |
6,418 |
1,637 |
672 |
8,727 |
|
1. Accrued interest and rent |
2,490 |
969 |
334 |
197 |
1,500 |
|
2. Deferred acquisition costs |
6,435 |
5,307 |
0 |
0 |
5,307 |
|
3. Other prepayments and accrued income |
1,255 |
142 |
1303 |
475 |
1,920 |
|
Total assets |
314,197 |
157,633 |
42,506 |
87,016 |
287,155 |
|
Budapest, 31 March 2016 |
……………………………………… |
|
|
|
|
……………………………………… |
……………………………………… |
CONSOLIDATED BALANCE SHEET, 31 December 2015
|
1 |
0 |
3 |
8 |
9 |
3 |
9 |
5 |
6 |
5 |
1 |
1 |
1 |
1 |
4 |
0 |
1 |
Statistical code
AEGON Magyarország Általános Biztosító Zrt.
Liabilities and equity
HUF million
|
Description |
Previous year |
Current year |
|||
|
Total |
Life |
Non-life |
Other, unallocated |
Total |
|
|
a |
b |
c |
d |
e |
|
|
A. Capital and reserves |
20,691 |
9,259 |
11,281 |
1,266 |
21,806 |
|
I. Subscribed capital |
6,374 |
3,633 |
2,741 |
0 |
6,374 |
|
of which: repurchased participation at nominal value |
0 |
0 |
0 |
0 |
0 |
|
II. Subscribed capital no yet paid up (-) |
0 |
0 |
0 |
0 |
0 |
|
III. Capital reserve |
5,472 |
3,119 |
2,353 |
0 |
5,472 |
|
IV. Retained earnings (+/-) |
28,710 |
2,065 |
5,585 |
29,934 |
37,584 |
|
V. Restricted reserve |
800 |
178 |
527 |
0 |
705 |
|
VI. Revaluation reserve |
0 |
0 |
0 |
0 |
0 |
|
1. Reserve of revaluation |
0 |
0 |
0 |
0 |
0 |
|
2. Fair value reserve |
0 |
0 |
0 |
0 |
0 |
|
of witch: to the policyholders |
0 |
0 |
0 |
0 |
0 |
|
VII. Profit for the financial year (+/-) |
0 |
265 |
75 |
775 |
1,115 |
|
VIII. Changes in the equity of subsidiaries (+/- |
-20,665 |
-1 |
0 |
-29,443 |
-29,444 |
|
IX. Changes resulting from consolidation (+/-) |
0 |
0 |
0 |
0 |
0 |
|
– from differential of debt consolidation |
0 |
0 |
0 |
0 |
0 |
|
– from differential of interim profits |
0 |
0 |
0 |
0 |
0 |
|
X. Participation of external members (other owners) |
0 |
0 |
0 |
0 |
0 |
|
B. Subordinated liabilities |
68 |
0 |
0 |
68 |
68 |
|
B/1. Differential of debt consolidation in subsidiaries |
68 |
0 |
0 |
68 |
68 |
|
C. Technical provisions |
85,997 |
56,710 |
26,144 |
0 |
82,854 |
|
1. Provision for unearned premiums [a) + b)] |
4,112 |
71 |
4,645 |
0 |
4,716 |
|
a) gross amount |
4,150 |
93 |
4,667 |
0 |
4,760 |
|
b) reinsurance amount (-) |
38 |
22 |
22 |
0 |
44 |
|
2. Actuarial provisions |
62,818 |
52,823 |
7,302 |
0 |
60,125 |
|
a) life assurance premium provision [aa)+ab)] |
55,112 |
52,823 |
0 |
0 |
52,823 |
|
aa) gross amount |
55,112 |
52,823 |
0 |
0 |
52,823 |
|
of which: reinsurance amount |
0 |
0 |
0 |
0 |
0 |
|
ab). reinsurance amount (risk insurance) (-) |
0 |
0 |
0 |
0 |
0 |
|
b) health insurance premium provisions (1+ |
0 |
0 |
0 |
0 |
0 |
|
ba). gross amount |
0 |
0 |
0 |
0 |
0 |
|
bb). reinsurance amount |
0 |
0 |
0 |
0 |
0 |
|
c) accident insurance annuity provision |
12 |
0 |
12 |
0 |
12 |
|
ca). gross amount |
12 |
0 |
12 |
0 |
12 |
|
cb). reinsurance amount (-) |
0 |
0 |
0 |
0 |
0 |
|
d) liability insurance annuity provision (1+2) |
7,694 |
0 |
7,290 |
0 |
7,290 |
|
da). gross amount |
8,442 |
0 |
7,816 |
0 |
7,816 |
|
db) reinsurance amount (-) |
748 |
0 |
526 |
0 |
526 |
|
3. Claims outstanding [a)+b)] |
18,514 |
3,581 |
13,906 |
0 |
17,487 |
|
a) case-by-case provisions [aa)+ab)] |
14,395 |
3,077 |
9,066 |
0 |
12,143 |
|
aa) gross amount |
14,873 |
3,133 |
9,520 |
0 |
12,653 |
|
ab) reinsurance amount (-) |
478 |
56 |
454 |
0 |
510 |
|
b) IBNR |
4,119 |
504 |
4,840 |
0 |
5,344 |
|
ba) gross amount |
4,119 |
529 |
4,840 |
0 |
5,369 |
|
bb) reinsurance amount (-) |
0 |
25 |
0 |
0 |
25 |
|
4. Profit-dependent and profit-independent premium reimbursement provisions [a)+b)] |
49 |
3 |
44 |
0 |
47 |
|
a) Profit-dependent |
34 |
0 |
34 |
0 |
34 |
|
aa) gross amount |
34 |
0 |
34 |
0 |
34 |
|
ab) reinsurance amount (-) |
0 |
0 |
0 |
0 |
0 |
|
b) profit-independent |
15 |
3 |
10 |
0 |
13 |
|
ba) gross amount |
15 |
3 |
10 |
0 |
13 |
|
bb) reinsurance amount (-) |
0 |
0 |
0 |
0 |
0 |
|
5. Equalisation provision |
115 |
0 |
115 |
0 |
115 |
|
6. Other technical provisions [a)+b)+c)] |
389 |
232 |
132 |
0 |
364 |
|
a) Large claim provisions |
21 |
0 |
21 |
0 |
21 |
|
b) Cancellation provisions [ba)+bb)] |
152 |
41 |
111 |
0 |
152 |
|
ba) gross amount |
155 |
41 |
124 |
0 |
165 |
|
bb) reinsurance amount (-) |
-3 |
0 |
13 |
0 |
-13 |
|
c) other technical provision [ca)+cb)] |
216 |
191 |
0 |
0 |
191 |
|
ca) gross amount |
216 |
191 |
0 |
0 |
191 |
|
cb) reinsurance amount (-) |
0 |
0 |
0 |
0 |
0 |
|
D. Technical provisions for unit-linked life assurance policyholders (1+2) |
87,299 |
83,114 |
0 |
0 |
83,114 |
|
a) gross amount |
87,299 |
83,114 |
0 |
0 |
83,114 |
|
b) reinsurance amount (-) |
0 |
0 |
0 |
0 |
0 |
|
E. Specific provisions |
9,171 |
473 |
155 |
137 |
765 |
|
1. Provisions for contingent liabilities |
9,087 |
416 |
126 |
137 |
679 |
|
2. Provisions for future expenses |
84 |
57 |
29 |
0 |
86 |
|
3. Other provisions |
0 |
0 |
0 |
0 |
0 |
|
F. Deposits received from reinsurers |
0 |
0 |
0 |
0 |
0 |
|
G. Creditors |
106,680 |
4,966 |
4,199 |
84,413 |
93,578 |
|
I. Creditors arising out of direct insurance operations |
2,707 |
195 |
2,619 |
0 |
2,814 |
|
of which: a) affiliated undertakings |
0 |
0 |
0 |
0 |
0 |
|
b) undertakings with which an insurance undertaking is linked by virtue of participating interests |
0 |
0 |
0 |
0 |
0 |
|
II. Creditors arising out of reinsurance operations |
197 |
21 |
218 |
0 |
239 |
|
of which: a) affiliated undertakings |
0 |
0 |
0 |
0 |
0 |
|
b) undertakings with which an insurance undertaking is linked by virtue of participating interests |
0 |
0 |
0 |
0 |
0 |
|
III. Creditors arising out of bond issues |
0 |
0 |
0 |
0 |
0 |
|
of which: a) affiliated undertakings |
0 |
0 |
0 |
0 |
0 |
|
b) undertakings with which an insurance undertaking is linked by virtue of participating interests |
0 |
0 |
0 |
0 |
0 |
|
IV. Credits |
87,694 |
0 |
0 |
72,485 |
72,485 |
|
of which: a) affiliated undertakings |
87,694 |
0 |
0 |
72,485 |
72,485 |
|
b) undertakings with which an insurance undertaking is linked by virtue of participating interests |
0 |
0 |
0 |
0 |
0 |
|
V. Other creditors |
16,082 |
4,750 |
1,362 |
11,928 |
18,040 |
|
of which: a) affiliated undertakings |
12,071 |
2,949 |
813 |
8,339 |
12,101 |
|
b) undertakings with which an insurance undertaking is linked by virtue of participating interests |
0 |
0 |
0 |
0 |
0 |
|
VI. Creditors valuation difference |
0 |
0 |
0 |
0 |
0 |
|
VII. Derivates valuation difference |
0 |
0 |
0 |
0 |
0 |
|
VIII: Corporate income tax liability resulting from consolidation (computed) |
0 |
0 |
0 |
0 |
0 |
|
H. Accruals and deferred income |
4,291 |
3,111 |
727 |
1,132 |
4,970 |
|
1. Accrued income |
0 |
0 |
0 |
1 |
1 |
|
2. Accrued costs and expenditure |
4,291 |
3,111 |
727 |
1,131 |
4,969 |
|
3. Deferred income |
0 |
0 |
0 |
0 |
0 |
|
Total liabilities and equity |
314,197 |
157,633 |
42,506 |
87,016 |
287,155 |
|
Budapest, 31 March 2016 |
……………………………………… |
|
|
|
|
……………………………………… |
……………………………………… |
CONSOLIDATED PROFIT AND LOSS ACCOUNT 31 December 2015
Statistical code
AEGON Magyarország Általános Biztosító Zrt.
HUF million
|
Description |
Previous year, total |
Current year, total |
|
Non-life insurance business |
a |
b |
|
01. Earned premiums, net of reinsurance |
44,827 |
48,931 |
|
a) gross premiums written |
47,436 |
51,399 |
|
b) outward reinsurance premiums (-) |
1,835 |
1,857 |
|
c) change in the gross provision for unearned premiums (+/-) |
779 |
618 |
|
d) change in the provision for unearned premiums, reinsurers’ share (+/-) |
-5 |
-7 |
|
02. Profit from investments to be returned to policyholders (same as C/06.) |
0 |
0 |
|
03. Other technical income |
398 |
181 |
|
04. Claims incurred |
20,566 |
21,761 |
|
a) claims paid and claim settlement expenses |
19,840 |
22,691 |
|
aa) claim payments |
17,457 |
20,143 |
|
1. gross amount |
17,589 |
20,518 |
|
2. reinsurers’ share (-) |
132 |
375 |
|
ab) claim settlement expenses |
2,612 |
2,795 |
|
ac) income from claim recovery and claim settlement expense reimbursement (-) |
229 |
247 |
|
b) changes in the provision for claims outstanding (+/-) (case-by-case, IBNR) |
726 |
-930 |
|
ba) case by case |
580 |
-1,911 |
|
1) gross amount |
557 |
-1,880 |
|
2) reinsurers’ share (-) |
-23 |
31 |
|
bb) IBNR |
146 |
981 |
|
1) gross amount |
146 |
981 |
|
2) reinsurers’ share (-) |
0 |
0 |
|
05. Changes in actuarial provisions (+/-) |
-283 |
-404 |
|
a) changes in the health insurance premium provision (+/-) |
0 |
0 |
|
aa) gross amount |
0 |
0 |
|
ab) reinsurers’ share (-) |
0 |
0 |
|
b) changes in the accident insurance annuity provision (+/-) |
0 |
0 |
|
ba) gross amount |
0 |
0 |
|
bb) reinsurers’ share (-) |
0 |
0 |
|
c) changes in the liability insurance annuity provisions (+/-) |
-283 |
-404 |
|
ca) gross amount |
-302 |
-627 |
|
cb) reinsurers’ share (-) |
-19 |
-223 |
|
06. Changes in the profit-dependent and profit-independent premium reimbursement provisions (+/-) |
-2 |
-2 |
|
a) profit-dependent |
0 |
0 |
|
aa) gross amount |
0 |
0 |
|
ab) reinsurers’ share (-) |
0 |
0 |
|
b) profit-independent |
-2 |
-2 |
|
ba) gross amount |
-2 |
-2 |
|
bb) reinsurers’ share (-) |
0 |
0 |
|
07. Changes in the equalisation provision (+/-) |
0 |
0 |
|
Description |
Previous year, total |
Current year, total |
|
Non-life insurance business |
a |
b |
|
08. Changes in other technical provisions (+/-) |
43 |
-16 |
|
a) large claim provisions |
0 |
0 |
|
b) cancellation provisions |
43 |
-16 |
|
ba) gross amount |
44 |
-6 |
|
bb) reinsurers’ share (-) |
-1 |
-10 |
|
c) changes in other technical provisions |
0 |
0 |
|
ca) gross amount |
0 |
0 |
|
cb) reinsurers’ share (-) |
0 |
0 |
|
09. Net operating expenses |
14,751 |
15,799 |
|
a) acquisition costs incurred in the financial year |
9,510 |
10,054 |
|
b) change in deferred acquisition costs (+/-) |
12 |
0 |
|
c) administrative expenses (except investment costs) |
5,229 |
5,749 |
|
d) reinsurance commissions and profit participation (-) |
0 |
4 |
|
10. Other technical charges |
4,144 |
4,431 |
|
A) INSURANCE TECHNICAL PROFIT (01+02+03-04-05-06-07-08-09-10) |
6,006 |
7,543 |
|
Description |
Previous year, total |
Current year, total |
|
Life assurance business |
a |
b |
|
01. Earned premiums, net of reinsurance |
38,705 |
39,122 |
|
a) gross premiums written |
38,952 |
39,526 |
|
b) outward reinsurance premiums (-) |
254 |
412 |
|
c) change in the provision for unearned premiums (+/-) |
-6 |
-8 |
|
d) change in the provision for unearned premiums, reinsurers’ share (+/-) |
-1 |
0 |
|
02. Technical income from investments |
3,776 |
3,367 |
|
a) income from participating interests |
148 |
120 |
|
of which: derived from affiliated undertakings |
0 |
0 |
|
b) income from other investments |
3,259 |
3,107 |
|
of which: derived from affiliated undertakings |
0 |
0 |
|
ba) income from tangible assets related to the insurance portfolio, |
0 |
0 |
|
bb) interest received and interest type income |
3,259 |
3,106 |
|
c) gains on the realisation of investments, other investment income |
369 |
140 |
|
d) allocated investment return transferred from life assurance (same as C/05.) (-) |
0 |
0 |
|
03. Unrealised gains on investments |
11,577 |
9,659 |
|
of which valuation difference |
0 |
0 |
|
04. Other technical income |
157 |
94 |
|
05. Claims incurred |
33,685 |
35,131 |
|
a) claims paid and claim settlement expenses |
33,422 |
35,229 |
|
aa) claims paid |
33,184 |
35,014 |
|
1. gross amount |
33,326 |
35,125 |
|
2. reinsurers’ share (-) |
142 |
112 |
|
ab) claim settlement expenses |
277 |
263 |
|
ac) income from claim recoveries and claim settlement expense reimbursement (-) |
39 |
47 |
|
b) change in the provisions for claims outstanding (+/-) (case-by-case, IBNR) |
263 |
-98 |
|
ba) case by case |
273 |
-340 |
|
1) gross amount |
261 |
-339 |
|
2) reinsurers’ share (-) |
-12 |
1 |
|
Description |
Previous year, total |
Current year, total |
|
Life assurance business |
a |
b |
|
bb) IBNR |
-10 |
242 |
|
1) gross amount |
-10 |
267 |
|
2) reinsurers’ share (-) |
0 |
-25 |
|
06. Change in actuarial provisions (+/-) |
-408 |
-2,288 |
|
a) change in the life assurance premium provision (+/-) |
-408 |
-2,288 |
|
aa) gross amount |
-408 |
-2,288 |
|
ab) reinsurers’ share (risk insurance) (-) |
0 |
0 |
|
b) change in the health insurance premium provision (+/-) |
0 |
0 |
|
ba) gross amount |
0 |
0 |
|
bb) reinsurers’ share (-) |
0 |
0 |
|
c) change in the accident insurance annuity provision (+/-) |
0 |
0 |
|
ca) gross amount |
0 |
0 |
|
cb) reinsurers’ share (-) |
0 |
0 |
|
07. Change in the profit-dependent and profit-independent premium reimbursement provision (+/-) |
-3 |
0 |
|
a) the profit-dependent |
0 |
0 |
|
aa) gross amount |
0 |
0 |
|
ab) reinsurers’ share (-) |
0 |
0 |
|
b) profit-independent |
-3 |
0 |
|
ba) gross amount |
-3 |
0 |
|
bb) reinsurers’ share (-) |
0 |
0 |
|
08. Change in the equalisation provision (+/-) |
0 |
0 |
|
09. Change in other technical provisions (+/-) |
-37 |
-8 |
|
a) large claim provisions (+/-) |
0 |
0 |
|
b) cancellation provisions |
-9 |
17 |
|
ba) gross amount |
-9 |
17 |
|
bb) reinsurers’ share (-) |
0 |
0 |
|
c) changes in other technical provisions (-) |
-28 |
-25 |
|
ca) gross amount |
-28 |
-25 |
|
cb) reinsurers’ share (-) |
0 |
0 |
|
10. Change in UL technical provisions |
1,478 |
-4,186 |
|
a) gross amount |
1,478 |
-4,186 |
|
b) reinsurers’ share (-) |
0 |
0 |
|
11. Net operating expenses |
9,770 |
10,836 |
|
a) acquisition costs incurred in the financial year |
6,069 |
6,272 |
|
b) change in deferred acquisition costs (+/-) |
471 |
1,126 |
|
c) administrative expenses (except investment costs) |
3,234 |
3,438 |
|
d) reinsurance commissions and profit participation (-) |
4 |
0 |
|
12. Technical expenditure arising from investments |
246 |
347 |
|
a) operating and maintenance charges on investments, including interests paid and interest type expenditure |
24 |
29 |
|
b) value adjustment on investments, value re-adjustments on investments (+/-) |
0 |
0 |
|
c) losses on the realisation of investments, other investment expenditure |
222 |
318 |
|
13. Unrealised losses on investments |
3,126 |
7,131 |
|
of witch: valuation difference |
||
|
14. Other technical charges |
1,279 |
1,110 |
|
B) INSURANCE TECHNICAL PROFIT (01+02+03+04-05-06-07-08-09-10-11-12-13-14) |
5,079 |
4,169 |
|
Description |
Previous year, total |
Current year, total |
|
|
a |
b |
|
C) Non-technical accounts |
-4,764 |
8,156 |
|
01/a) Dividends and profit sharing received from associated company |
0 |
0 |
|
01/b.)Dividends and profit sharing received from associated company |
43 |
4 |
|
02. Interest received and interest type incomes |
7,818 |
5,693 |
|
of which: derived from affiliated undertakings |
0 |
0 |
|
03. Income from tangible assets related to the insurance portfolio |
217 |
222 |
|
04. Gains on the realisation of investments, other investment income |
11,267 |
7,040 |
|
05. Allocated investment return transferred from life assurance (same as B/02/d)) |
0 |
0 |
|
06. Profit from investment to be returned to policyholders (-) (same as A/02.) |
0 |
0 |
|
07. Operating and maintenance charges on investments, including interest paid and interest type expenditure |
3,269 |
2,514 |
|
08. Value adjustments and re-adjustments on investments (+/-) |
354 |
94 |
|
09. Losses on the realisation of investments, other investment expenditure |
7,843 |
8,566 |
|
10. Other income |
10,788 |
18,503 |
|
10/A Consolidation differential resulting from debt consolidation and increasing the profit |
0 |
0 |
|
11. Other expenditure |
23,431 |
12,132 |
|
11/A Consolidation differential resulting from debt consolidation and decreasing the profit |
0 |
0 |
|
D) ORDINARY PROFIT FROM OPERATIONS (+/-A+/-B+01+02+03+04+05-06-07-08-09+10-11) |
6,321 |
19,868 |
|
12. Extraordinary income |
47 |
13,765 |
|
13. Extraordinary expenditure |
1,515 |
19,769 |
|
14. Extraordinary profit (12-13) |
-1,468 |
-6,004 |
|
E) PROFIT BEFORE TAXATION (+/-D+/-14) |
4,853 |
13,864 |
|
Settlement of profit as per balance sheet |
||
|
15. Tax liability |
328 |
749 |
|
15/A Corporate income tax differential resulting from consolidation |
0 |
0 |
|
F) NET PROFIT (+/-E-15+/-15/A) |
4,525 |
13,115 |
|
16. Use from the accumulated profit reserve for dividends and profit sharing |
7,475 |
0 |
|
17. Approved dividend or profit sharing |
12,000 |
12,000 |
|
G) PROFIT AS PER BALANCE SHEET |
0 |
1,115 |
|
Budapest, 31 March 2016 |
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|
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|
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