X
|
(€) |
Notes |
2017 |
2016 |
|
Net earned premiums |
28 |
470,865,993 |
458,101,526 |
|
Gross premiums written |
517,233,431 |
490,205,154 |
|
|
Written premiums ceded to reinsurers and co-insurers |
-34,243,296 |
-31,242,514 |
|
|
Change in gross unearned premiums |
-13,765,765 |
-1,829,377 |
|
|
Change in unearned premiums, reinsurers’ and co-insurers’ shares |
1,641,623 |
968,263 |
|
|
Investment income |
29 |
27,446,915 |
33,136,242 |
|
Interest income |
18,607,327 |
21,233,656 |
|
|
Other investment income |
8,839,588 |
11,902,586 |
|
|
Net unrealised gains on investments of life insurance policyholders who bear the investment risk |
29 |
16,849,384 |
17,958,678 |
|
Other technical income |
30 |
15,429,720 |
18,237,409 |
|
Commission income |
2,870,868 |
3,732,607 |
|
|
Other technical income |
12,558,852 |
14,504,802 |
|
|
Other income |
30 |
6,058,000 |
6,489,633 |
|
Net claims incurred |
31 |
-296,103,320 |
-268,393,776 |
|
Gross claims payments, net of income from recourse receivables |
-309,727,160 |
-269,445,796 |
|
|
Reinsurers’ and co-insurers’ shares |
15,846,528 |
14,819,654 |
|
|
Change in the gross claims provision |
-2,931,960 |
-15,832,894 |
|
|
Change in the provision for outstanding claims, reinsurers’ and co-insurers’ shares |
709,272 |
2,065,260 |
|
|
Change in other technical provisions |
32 |
-2,179,849 |
-5,254,856 |
|
Change in technical provisions for policyholders who bear the investment risk |
32 |
-1.121.327 |
-17.442.161 |
|
Expenses for bonuses and rebates |
5.848 |
-1.263.545 |
|
|
Operating expenses |
33 |
-156.962.328 |
-159.563.486 |
|
Acquisition costs |
-51.949.127 |
-51.882.550 |
|
|
Change in deferred acquisition costs |
2.389.002 |
-1.474.454 |
|
|
Other operating expenses |
-107.402.203 |
-106.206.482 |
|
|
Expenses for investments in associates and impairment losses on goodwill |
29 |
0 |
-1.693.699 |
|
Impairment loss on goodwill |
0 |
-1.693.699 |
|
|
Expenses for financial assets and liabilities |
29 |
-11.891.544 |
-8.556.415 |
|
Impairment losses on financial assets not at fair value through profit or loss |
-320.000 |
-594.025 |
|
Interest expense |
-718,860 |
-842,126 |
|
|
Other investment expenses |
-10,852,684 |
-7,120,264 |
|
|
Net unrealised losses on investments of life insurance policyholders who bear the investment risk |
29 |
-8,256,416 |
-11,256,348 |
|
Other technical expenses |
34 |
-17,486,080 |
-17,310,937 |
|
Other expenses |
34 |
-2,774,013 |
-2,518,278 |
|
Profit or loss before tax |
39,880,983 |
40,669,987 |
|
|
Income tax expense |
35 |
-8,786,075 |
-7,751,774 |
|
Net profit or loss for the period |
31,094,908 |
32,918,213 |
|
|
Net profit or loss attributable to owners of the controlling company |
31,065,329 |
32,824,911 |
|
|
Net profit or loss attributable to non-controlling interests |
29,579 |
93,302 |
|
|
Earnings per share (basic and diluted) |
19 |
2.00 |
2.08 |