talanx group annual report 2011 en

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