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<strong>Munich</strong> <strong>Re</strong>insurance Company<br />

Balance sheet as at 30th June 1996<br />

Previous<br />

Assets Notes TDM TDM year TDM<br />

A. Liability of shareholders for uncalled capital 399,175 364,175<br />

B. Intangible assets (1) 69,481 74,821<br />

C. Investments<br />

I. <strong>Re</strong>al estate (2) 2,185,636 2,274,732<br />

II. Investments in affiliated companies<br />

and participations (2) 6,222,914 5,574,821<br />

III. Other investments (2) 23,086,476 20,626,704<br />

31,495,026 28,476,257<br />

IV. Deposits retained on assumed<br />

reinsurance business (3) 22,768,301 20,899,662<br />

D. <strong>Re</strong>ceivables (3)<br />

54,263,327 49,375,919<br />

I. Accounts receivable on reinsurance<br />

business 1,105,750 940,850<br />

II. Other receivables 189,268 170,061<br />

1,295,018 1,110,911<br />

E. Other assets (4) 52,387 61,370<br />

F. Deferred items (5) 334,180 328,364<br />

Total assets 56,413,568 51,315,560<br />

80

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