Please activate JavaScript!
Please install Adobe Flash Player, click here for download

Allianz Annual Report 2012

Reconciliations Thepreviousanalysisisbasedonourconsolidatedfinancial statements and should be read in conjunction with them. In addition to our stated figures according to the Interna­ tional Financial Reporting Standards (IFRS), the ­Allianz Group uses operating profit and internal growth to enhance theunderstandingofourresults.Theseadditionalmeasures should be viewed as complementary to, and not a substi­ tute for, our figures determined according to IFRS. For further information, please refer to note 6 to the consoli­ dated financial statements. Composition of total revenues Total revenues comprise statutory gross premiums written in Property-Casualty and Life/Health, operating revenues in Asset Management, and total revenues in Corporate and Other (Banking). Composition of total revenues C 080 € mn 2012 2011 2010 Property-Casualty Gross premiums written 46,889 44,772 43,895 Life/Health Statutory premiums 52,347 52,863 57,098 Asset Management Operating revenues 6,786 5,502 4,986 consisting of: Net fee and commission income 6,731 5,470 4,927 Net interest income 24 22 21 Income from financial assets and liabilities carried at fair value through income (net) 16 (11) 19 Other income 15 21 19 Corporate and Other Total revenues (Banking) 590 567 587 consisting of: Interest and similar income 719 734 683 Income from financial assets and liabilities carried at fair value through income (net) 14 (2) 1 Fee and commission income 456 430 445 Interest expenses (350) (374) (333) Fee and commission expenses (247) (221) (210) Consolidation effects (Banking within Corporate and Other) (2) – 1 Consolidation (229) (144) (115) ­Allianz Group total revenues 106,383 103,560 106,451 Annual Report 2012    Allianz Group182

Pages