R+V Versicherung AG Annual Report
R+V Versicherung AG Annual Report R+V Versicherung AG Annual Report
Equity and liabilities 36 2002 2001 € € € € € A. Shareholders’ equity I. Subscribed capital 226,000,000 226,000,000 II. Capital reserves 429,590,228 429,590,228 III. Revenue reserves 1. Legal reserve – – 2. Reserve for own shares – 1,583,458 3. Statutory reserves – – 4. Reserve in line with section 58 (2a) AktG – – 5. Other revenue reserves 107,558,087 107,558,087 68,408,087 IV. Net retained profits 669,989,823 36,627,976 thereof profits brought forward: €24,476 (–€) 1,433,138,138 762,209,749 B. Participation certificates – – C. Subordinated liabilities 76,693,782 76,693,782 D. Special tax-allowable reserves (in line with section 6b EStG) 357,608 – E. Technical provisions I. Unearned premiums 1. Gross 119,882,382 80,617,725 2. less: Reinsurance amount 31,645,128 88,237,254 18,019,219 II. Mathematic reserve 1. Gross 1,106,559,293 1,018,388,297 2. less: Reinsurance amount 615,531,444 491,027,848 617,762,309 III. Claims outstanding 1. Gross 863,043,905 810,192,189 2. less: Reinsurance amount 336,925,214 526,118,691 387,405,479 IV. Provision for bonuses and rebates 1. Gross 318,454 67,980 2. less: Reinsurance amount – 318,454 – V. Equalization provision and similar provisions 87,657,592 105,027,706 VI. Other technical provisions 1. Gross 5,743,121 3,419,504 2. less: Reinsurance amount 355,502 5,387,619 410,030 1,198,747,459 994,116,364
37 2002 2001 € € € € € F. Technical provisions for linked liabilities – – G. Other provisions I. Provisions for pensions and similar obligations 16,625,387 15,505,184 II. Tax provisions 3,867,943 64,529,960 III. Provisions for anticipated tax charges in future years in line with section 274 (1) HGB 1,100,000 – IV. Other provisions 4,051,143 5,082,724 25,644,472 85,117,868 H. Deposits received from reinsurers 642,823,871 627,417,980 I. Other liabilities I. Creditors arising out of direct insurance operations – – II. Creditors arising out of reinsurance operations 158,694,363 119,524,322 thereof: affiliated companies €28,616,932 (€9,342,063) associates €4,823 (€43,080) III. Bonds 19,576,050 19,896,405 thereof convertible: –€ –€ IV. Liabilities to banks 50,035,103 – V. Other creditors 245,816,191 35,078,141 thereof: taxes €335,291 (€2,444,031) social security contributions €281,607 (€271,272) affiliated companies €239,162,489 (€25,970,820) associates €887,304 (€887,304) 474,121,707 174,498,868 K. Deferred income 161,897 178,553 3,851,688,934 2,720,233,164
- Page 1 and 2: 2002 R+V Versicherung AG Annual Rep
- Page 3 and 4: Content Management Report 4 Proposa
- Page 5 and 6: However, the significant increase i
- Page 7 and 8: Developments on the international r
- Page 9 and 10: However, the events of September 11
- Page 11 and 12: As a result of the relatively poor
- Page 13 and 14: Business development and position o
- Page 15 and 16: Liability business developed negati
- Page 17 and 18: Including interest on deposits and
- Page 19 and 20: In terms of sums insured, the portf
- Page 21 and 22: Overall, gross premium income decli
- Page 23 and 24: Major claim events such as ”Petro
- Page 25 and 26: Shareholder structure As of the bal
- Page 27 and 28: Investment risks: In order to creat
- Page 29: Significant events and outlook The
- Page 32 and 33: Proposal on the Appropriation of Pr
- Page 34 and 35: Balance Sheet as of December 31, 20
- Page 38 and 39: Income Statement for the period fro
- Page 40 and 41: 40 2002 2001 € € € € 8. Ext
- Page 42 and 43: Premiums and discounts were amortiz
- Page 44 and 45: List of Shareholdings Shares in aff
- Page 46 and 47: Notes to the Balance Sheet Statemen
- Page 48 and 49: Assets C. Investments Present value
- Page 50 and 51: Notes to the Income Statement I. 1
- Page 52 and 53: Dr. Jürgen Förterer Chairman Wolf
- Page 54 and 55: Auditors’ Report We have audited
37<br />
2002 2001<br />
€ € € € €<br />
F. Technical provisions for linked liabilities – –<br />
G. Other provisions<br />
I. Provisions for pensions and similar<br />
obligations 16,625,387 15,505,184<br />
II. Tax provisions 3,867,943 64,529,960<br />
III. Provisions for anticipated tax charges in<br />
future years in line with section 274 (1) HGB 1,100,000 –<br />
IV. Other provisions 4,051,143 5,082,724<br />
25,644,472 85,117,868<br />
H. Deposits received from reinsurers 642,823,871 627,417,980<br />
I. Other liabilities<br />
I. Creditors arising out of direct insurance<br />
operations – –<br />
II. Creditors arising out of reinsurance<br />
operations 158,694,363 119,524,322<br />
thereof:<br />
affiliated companies<br />
€28,616,932 (€9,342,063)<br />
associates<br />
€4,823 (€43,080)<br />
III. Bonds 19,576,050 19,896,405<br />
thereof convertible:<br />
–€ –€<br />
IV. Liabilities to banks 50,035,103 –<br />
V. Other creditors 245,816,191 35,078,141<br />
thereof: taxes<br />
€335,291 (€2,444,031)<br />
social security contributions<br />
€281,607 (€271,272)<br />
affiliated companies<br />
€239,162,489 (€25,970,820)<br />
associates<br />
€887,304 (€887,304)<br />
474,121,707 174,498,868<br />
K. Deferred income 161,897 178,553<br />
3,851,688,934 2,720,233,164
Change language