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Munich Reinsurance Company Notes on the accounts
Book values
Reallocations Disposals Depreciation 30.6.1996
TDM TDM TDM TDM
– – 7,039 69,481
– – 109,788 2,185,636
– 88,294 1,141 1,687,506
– 1,173 – 6,010
251,482 38,565 31,307 4,522,528
– 5,402 – 6,870
251,482 133,434 32,448 6,222,914
–251,482 871,518 29,384 9,726,545
– 16,222,955 1,398 5,997,226
– 6,339 – 38,613
– 252,821 – 1,784,698
– 3,946,660 – 5,206,505
– 27,098 – 332,879
– 338 – 10
–251,482 21,327,729 30,782 23,086,476
– 21,461,163 173,018 31,495,026
Of our total investments (excluding deposits retained on assumed
reinsurance business) with a book value of TDM 31,495,026 (previous
year: TDM 28,476,257), an amount of TDM 4,349,166 (previous
year: TDM 4,342,324) is deposited with ceding companies or foreign
governments or in the custody of trustees nominated by us.
Derivative financial products are used exclusively for hedging purposes in
respect of parts of the portfolio and for implementing planned purchases
and sales. In relation to the balance sheet total, the volume of open
positions on the balance sheet date and all the transactions concluded in
the period under review was negligible.
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