talanx group annual report 2011 en
talanx group annual report 2011 en
talanx group annual report 2011 en
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Nature of risks Notes on the consolidated<br />
balance sheet – assets<br />
Notes on the consolidated<br />
balance sheet – liabilities<br />
Notes on the consolidated<br />
statem<strong>en</strong>t of income<br />
Other information List of shareholdings<br />
Consolidated statem<strong>en</strong>t of<br />
compreh<strong>en</strong>sive income of Talanx AG<br />
for the <strong>2011</strong> financial year<br />
Figures in EUR million<br />
<strong>2011</strong> 2010 1)<br />
Net income 897 667<br />
1. Unrealised gains and losses on investm<strong>en</strong>ts<br />
Gains (losses) recognised directly in other income/exp<strong>en</strong>ses<br />
during the period 89 108<br />
Reclassification of net realised gain (loss) –132 –224<br />
Tax income (exp<strong>en</strong>se) –18 –3<br />
2. Curr<strong>en</strong>cy translation<br />
Gains (losses) recognised directly in other income/exp<strong>en</strong>ses<br />
–61 –119<br />
during the period 59 249<br />
Reclassification of net realised gain (loss) 25 2<br />
Tax income (exp<strong>en</strong>se) –7 –12<br />
3. Changes from cash flow hedges<br />
Gains (losses) recognised directly in other income/exp<strong>en</strong>ses<br />
77 239<br />
during the period 73 –103<br />
Tax income (exp<strong>en</strong>se) –10 3<br />
4. Changes in policyholder participation/shadow accounting<br />
Gains (losses) recognised directly in other income/exp<strong>en</strong>ses<br />
63 –100<br />
during the period –29 324<br />
Tax income (exp<strong>en</strong>se) –6 –7<br />
5. Changes from the equity measurem<strong>en</strong>t of associated companies<br />
Gains (losses) recognised directly in other income/exp<strong>en</strong>ses<br />
–35 317<br />
during the period –3 –2<br />
Tax income (exp<strong>en</strong>se) — —<br />
6. Other changes<br />
Gains (losses) recognised directly in other income/exp<strong>en</strong>ses<br />
–3 –2<br />
during the period –30 4<br />
Tax income (exp<strong>en</strong>se) 8 –1<br />
–22 3<br />
Income and exp<strong>en</strong>se after taxes recognised in other<br />
income/exp<strong>en</strong>ses during the period 19 338<br />
Total recognised income and exp<strong>en</strong>se during the period 916 1,005<br />
thereof attributable to non-controlling interests 440 615<br />
thereof attributable to the Group 476 390<br />
1) Adjusted on the basis of IAS 8<br />
The following notes form an integral part of the consolidated financial statem<strong>en</strong>t.<br />
Talanx Group. Annual Report <strong>2011</strong><br />
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