Use of judgements and estimates


Preparing the consolidated financial statements requires the Management Board to make judgements, estimates and assumptions that affect the application of accounting policies and the amounts recognised for assets, liabilities, income and expenses. Actual results can differ from these estimates. Estimates and underlying assumptions are monitored on an ongoing basis. Revisions of estimates are reported prospectively.

The items below carry a not insignificant level of risk that considerable adjustments to asset or debt values may be necessary in the following year:

The risk report contains sensitivity analyses for the most important estimate uncertainties.

© UNIQA Group 2014