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Allianz Annual Report 2012

Software Software D 055 € mn 2012 2011 2010 Cost as of 1 January 4,584 4,162 3,828 Accumulated amortization as of 1 January (3,191) (2,875) (2,531) Carrying amount as of 1 January 1,393 1,287 1,297 Additions 638 530 426 Changes in the consolidated subsidiaries of the ­­­Allianz Group (1) (20) (5) Disposals (42) (31) (88) Reclassification into non-current assets and assets of disposal groups classified as held for sale – – (8) Foreign currency translation adjustments 5 (2) 21 Amortization (393) (352) (329) Impairments (10) (19) (27) Carrying amount as of 31 December 1 1,590 1,393 1,287 Accumulated amortization as of 31 December 3,467 3,191 2,875 Cost as of 31 December 5,057 4,584 4,162 1 As of 31 December 2012, includes € 980 mn (2011: € 865 mn; 2010: 829 mn) for software de- veloped in-house and € 610 mn (2011: € 528 mn; 2010: € 458 mn) for software purchased from third parties. Equipment Equipment D 056 € mn 2012 2011 2010 Cost as of 1 January 3,480 3,297 3,311 Accumulated depreciation as of 1 January (2,631) (2,562) (2,508) Carrying amount as of 1 January 849 735 803 Additions 485 380 318 Changes in the consolidated subsidiaries of the ­­­Allianz Group (8) 3 3 Disposals (110) (86) (101) Reclassifications (3) 5 (27) Reclassifications into non-current assets and assets of disposal groups classified as held for sale – – (22) Foreign currency translation adjustments – 8 22 Depreciation (244) (195) (244) Impairments (2) (1) (17) Carrying amount as of 31 December 967 849 735 Accumulated depreciation as of 31 December 2,673 2,631 2,562 Cost as of 31 December 3,640 3,480 3,297 Property and equipment Real estate held for own use Real estate held for own use D 054 € mn 2012 2011 2010 Cost as of 1 January 4,022 4,269 4,008 Accumulated depreciation as of 1 January (1,216) (1,194) (1,092) Carrying amount as of 1 January 2,806 3,075 2,916 Additions 198 115 243 Changes in the consolidated subsidiaries of the ­­­Allianz Group 60 (124) (97) Disposals (45) (53) (70) Reclassifications (85) (128) 96 Reclassifications into non-current assets and assets of disposal groups classified as held for sale – – (11) Foreign currency translation adjustments 14 (5) 89 Depreciation (71) (76) (92) Reversals of impairments 8 2 1 Carrying amount as of 31 December 2,885 2,806 3,075 Accumulated depreciation as of 31 December 1,136 1,216 1,194 Cost as of 31 December 4,021 4,022 4,269 As of 31 December 2012, the fair value of real estate held for own use was € 4,189 mn (2011: € 4,128 mn). As of 31 December 2012, assets pledged as security and other restrictions on title were € 113 mn (2011: € 119 mn). Annual Report 2012    Allianz Group D Consolidated Financial Statements 219 Consolidated Balance Sheets 220 Consolidated Income Statements 221 Consolidated Statements of Comprehensive Income 222 Consolidated Statements of Changes in Equity 223 Consolidated Statements of Cash Flows 226 Notes to the Consolidated Financial Statements 281

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