Consolidated income statement

Consolidated income statement
in EUR '000

Notes

2018

2017

*

The calculation of these figures includes the proportional interest expenses for hybrid capital. The undiluted result per share equals the diluted result per share (in EUR).

Net earned premiums – retention

L

8,729,362

8,509,562

Premiums written – retention

 

8,811,079

8,585,253

Premiums written – gross

15

9,657,319

9,386,040

Premiums written – reinsurers’ share

 

-846,240

-800,787

Change in unearned premiums – retention

 

-81,717

-75,691

Change in unearned premiums – gross

 

-104,955

-82,947

Change in unearned premiums – reinsurers´ share

 

23,238

7,256

Financial result excl. result from at equity consolidated companies

16

1,003,025

881,526

Income from investments

 

1,638,418

1,586,950

Expenses for investments and interest expenses

 

-635,393

-705,424

Result from shares in at equity consolidated companies

17

34,453

42,754

Other income

18

131,493

223,149

Expenses for claims and insurance benefits – retention

19, M

-6,947,007

-6,872,588

Acquisition and administrative expenses

20, N

-2,140,693

-2,040,282

Other expenses

18

-325,204

-301,572

Result before taxes

 

485,429

442,549

Taxes

21

-117,477

-69,958

Result of the period

 

367,952

372,591

thereof attributable to Vienna Insurance Group shareholders

 

268,924

297,596

thereof other non-controlling interests

 

7,560

7,052

thereof non-controlling interests in non-profit societies

 

91,468

67,943

 

 

 

 

Earnings Result per share* (in EUR)

8

2.04

2.23

 

 

 

 

Result of the period (carryforward)

 

367,952

372,591