R+V Versicherung AG Annual Report

Commission and other remuneration for insurance agents, personnel expenses 2002
€
1. Wages and salaries 15,192,173
2. Social security costs 2,021,619
3. Pension costs 1,760,316
4. Total expenses 18,974,108
Total remuneration of the members of the Board of Management in the fiscal year amounted to €1,639,545.
Former members of the Board of Management and their surviving dependents received a total of €442,912.
The provision for current pensions and pension entitlements for former members of the Board of Management
and their surviving dependents amounts to €4,221,588.
Expenses for the Supervisory Board amounted to €271,209 in the fiscal year.
No amounts subject to disclosure in accordance with section 285 no. 9 c HGB were paid in the fiscal year.
Number of employees
In fiscal 2002, R+V Versicherung AG employed an average of 230 people (2001: 221), of whom 221 were employed in Germany and 9 at the Singapore branch office.
Contingent liabilities and other financial obligations
Liabilities due to shares in cooperatives amount to €5,000. There are no further contingent liabilities within the meaning of section 251 HGB.
Additional payment obligations
Additional payment obligations exist in the amount of €7,669,378 in relation to shares in affiliated companies
and in the amount of €11,888 in relation to shares in German insurance companies.
Consolidated financial statements
R+V Versicherung AG produces subgroup financial statements in accordance with the provisions of sections 290 ff HGB.
These are filed with the Wiesbaden commercial register under HRB 7934.
The subgroup financial statements of R+V Versicherung AG have been included in the higher-ranking consolidated financial statements
of DZ BANK AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main. These are filed with the Frankfurt am Main commercial register under HRB 45651.
Wiesbaden, April 8, 2003
The Board of Management
Dr. Förterer
Marschler Meyer Dr. Mücke Neumann
Sauerwein Schnorrenberg Weiler
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