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Allianz Annual Report 2012

Allianz at a glance Annual results 001 2012 Change from previous year 2011 2010 2009 2008 2007 2006 More details on page Income statement 1 Total revenues 2 € mn 106,383 2.7 % 103,560 106,451 97,385 92,568 97,689 94,873  3 126 Operating profit 4 € mn 9,501 20.8 % 7,866 8,243 7,044 7,455 10,320 9,219  3 126 Net income from continuing operations 5 € mn 5,491 95.8 % 2,804 5,209 4,650 4,268 7,991 7,843 128 Net income (loss) from discontinued operations, net of income taxes 5 € mn – – – – (395) (6,373) 723 467 – Net income (loss) € mn 5,491 95.8 % 2,804 5,209 4,255 (2,105) 8,714 8,310 128 thereof: attributable to shareholders € mn 5,169 103.1 % 2,545 5,053 4,207 (2,363) 7,966 7,021 128 Balance sheet as of 31 December 1 Total assets € mn 694,621 8.3 % 641,472 624,945 583,717 954,999 1,061,149 1,110,081 167 Investments € mn 401,628 14.5 % 350,645 334,618 294,252 258,812 285,977 298,134 272 Total liabilities € mn 638,403 7.4 % 594,219 578,383 541,488 917,715 1,009,768 1,053,251 167 thereof: Reserves for insurance and investment contracts € mn 390,987 8.0 % 361,954 349,793 323,801 298,057 292,244 287,032 299 thereof: Reserves for loss and loss adjustment expenses € mn 72,540 5.4 % 68,832 66,474 64,441 63,924 63,706 65,464 289 Shareholders’ equity € mn 53,553 19.2 % 44,915 44,491 40,108 33,720 47,753 49,650 166 Non-controlling interests € mn 2,665 14.0 % 2,338 2,071 2,121 3,564 3,628 7,180 310 Share information Basic earnings per share1 € 11.42 102.8 % 5.63 11.20 9.33 (5.25) 18.00 17.09 353 Diluted earnings per share1 € 11.34 106.9 % 5.48 11.12 9.30 (5.29) 17.71 16.78 353 Dividend per share € 4.50 6 – 4.50 4.50 4.10 3.50 5.50 3.80 55 Total dividend € mn 2,052 6,7 0.7 % 2,037 2,032 1,850 1,580 2,472 1,642 56 Share price as of 31 December € 104.80 41.8 % 73.91 88.93 87.15 75.00 147.95 154.76 54 Market capitalization as of 31 December € mn 47,784 42.0 % 33,651 40,419 39,557 33,979 66,600 66,880 56 Other data Return on equity after income tax 1,8,9 % 10.5 4.8 %-p 5.7 11.9 12.5 9.9 15.0 15.0 56 Conglomerate solvency % 197 18 %-p 179 173 164 157 10 158 190 166 Standard & Poor’s rating 11 AA – AA AA AA AA AA AA– 186 Total assets under management as of 31 December € mn 1,852,332 11.8 % 1,656,993 1,517,538 1,202,122 950,548 1,009,586 1,011,802 149 thereof: Third-party assets under management as of 31 December € mn 1,438,425 12.3 % 1,281,256 1,163,982 925,699 703,478 764,621 763,855 149 Employees 144,094 1.5 % 141,938 151,338 153,203 182,865 181,207 166,505 118 1 Figures prior to 2008 have not been restated to reflect the change in the Allianz Group’s accounting policy for fixed-indexed annuities, effective 1 July 2010. 2 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). 3 Figures do not reflect changes in the presentation implemented in 2009. 4 The Allianz Group uses operating profit as a key financial indicator to assess the performance of its business segments and the Group as a whole. 5 Following the announcement of the sale on 31 August 2008, Dresdner Bank was classified as held for sale and discontinued operations. Therefore, all revenue and profit figures presented for our continuing business do not include the parts of Dresdner Bank that we sold to Commerzbank on 12 January 2009. The results from these operations are presented in a sepa- rate net income line “Net income (loss) from discontinued operations, net of income taxes”.  6 Proposal.  7 Dividend sum based on total amount of shares. Actual dividend payment will be reduced by the dividend amount attributable to treasury shares.  8 Based on average shareholders’ equity. Average shareholders’ equity has been calculated based upon the average of the current and the preceding year’s shareholders’ equity as of 31 December.  9 Based on net income from continuing operations after non-controlling interests. 10 Pro-forma after sale of Dresdner Bank completed. 11 For further information about insurer financial strength ratings of Allianz SE, please refer to page 186.  

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