In addition to the annual financial statements of UNIQA Insurance Group AG, the consolidated financial statements include the financial statements of all subsidiaries at home and abroad. Alongside UNIQA Insurance Group AG, the scope of consolidation included 52 domestic and 69 foreign subsidiaries. A full list of subsidiaries and associated companies is shown in section Affiliated and associated companies in 2013.
Eight associated companies were domestic companies consolidated at equity.
In applying IAS 39 and in terms of the present interpretation of this statement by the IASB (SIC 12), fully controlled investment funds were included in the consolidation insofar as their fund volumes were not of minor importance when viewed singularly and in total.
The scope of consolidation was not extended in the reporting period. In the 3rd quarter of 2013, the remaining shares amounting to 6 per cent in UNIQA životno osiguranje a.d. in Serbia were acquired.
In the 3rd quarter of 2012, the UNIQA Group resolved to sell the companies of the Austria Hotels International Group. The sale was settled in the 1st half of 2013.
On 16 April 2012, the UNIQA Group entered into agreements to sell Mannheimer AG Holding including its subsidiaries and the associated real estate holdings. These transactions were conducted in the 2nd quarter of 2012 and related to 91.68 per cent of the shares of Mannheimer AG Holding, its subsidiaries Mannheimer Versicherung AG, Mannheimer Krankenversicherung AG and mamax Lebensversicherung AG. The result from discontinued operations is composed as follows:
|
|
Property and casualty insurance |
Health insurance |
Life insurance |
Consolidation |
Group |
|||||
|
Figures in € thousand |
1–12/2013 |
1–12/2012 |
1–12/2013 |
1–12/2012 |
1–12/2013 |
1–12/2012 |
1–12/2013 |
1–12/2012 |
1–12/2013 |
1–12/2012 |
|
Gross premiums written |
0 |
197,613 |
0 |
72,739 |
0 |
9,933 |
0 |
0 |
0 |
280,285 |
|
Premiums earned (retained) |
0 |
152,640 |
0 |
69,788 |
0 |
7,299 |
0 |
115 |
0 |
229,842 |
|
Income from fees and commissions |
0 |
422 |
0 |
30 |
0 |
1,273 |
0 |
–41 |
0 |
1,684 |
|
Net investment income |
0 |
7,482 |
0 |
12,098 |
0 |
1,231 |
0 |
1 |
0 |
20,811 |
|
Other income |
0 |
18,363 |
0 |
402 |
0 |
194 |
0 |
–14,466 |
0 |
4,494 |
|
Insurance benefits (net) |
0 |
–105,777 |
0 |
–71,306 |
0 |
–5,916 |
0 |
384 |
0 |
–182,616 |
|
0 |
–57,896 |
0 |
–9,218 |
0 |
–2,776 |
0 |
0 |
0 |
–69,890 |
|
|
Other expenses |
0 |
–16,690 |
0 |
–2,249 |
0 |
–1,680 |
0 |
12,680 |
0 |
–7,939 |
|
Amortisation of goodwill |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|
Operating profit/loss |
0 |
–1,456 |
0 |
–455 |
0 |
–376 |
0 |
–1,328 |
0 |
–3,615 |
|
Financing costs |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
|
Profit/loss on ordinary activities |
0 |
–1,456 |
0 |
–455 |
0 |
–376 |
0 |
–1,328 |
0 |
–3,615 |
|
Income taxes |
0 |
–518 |
0 |
69 |
0 |
–161 |
0 |
0 |
0 |
–610 |
|
Current result from discontinued operations (after taxes) |
0 |
–1,974 |
0 |
–386 |
0 |
–537 |
0 |
–1,328 |
0 |
–4,225 |
|
Disposal proceeds from discontinued operations |
50,000 |
14,098 |
0 |
0 |
0 |
0 |
0 |
0 |
50,000 |
14,098 |
|
Result from discontinued operations (after taxes) |
50,000 |
12,124 |
0 |
–386 |
0 |
–537 |
0 |
–1,328 |
50,000 |
9,873 |
|
of which consolidated profit/loss |
50,000 |
12,603 |
0 |
–354 |
0 |
–492 |
0 |
–1,328 |
50,000 |
10,429 |
|
of which minority interests |
0 |
–478 |
0 |
–32 |
0 |
–45 |
0 |
0 |
0 |
–555 |
The disposal proceeds in 2013 originate from the reversal of provisions for liabilities in connection with the sale of Mannheimer AG Holding.
