talanx group annual report 2011 en

218
Financial statements Notes
General information
Talanx Group. Annual Report 2011
Accounting principles
and policies
(6) Loans and receivables
Segment reporting Consolidation,
business combinations
Amortised cost Unrealised gains/losses Fair value
Non-current assets held for
sale and disposal groups
31.12.2011 31.12.2010 31.12.2011 31.12.2010 31.12.2011 31.12.2010
Figures in EUR million
Mortgage loans
Loans and prepayments on insurance
1,100 1,239 132 106 1,232 1,345
policies
Loans and receivables due from govern-
191 200 — — 191 200
mental or quasi-governmental entities 1) 10,216 9,728 876 304 11,092 10,032
Corporate securities 6,674 7,342 162 97 6,836 7,439
Covered bonds, asset-backed securities 14,453 13,491 1,112 341 15,565 13,832
Participation rights 327 343 –19 –6 308 337
Total 32,961 32,343 2,263 842 35,224 33,185
1) The loans and receivables due from governmental or quasi-governmental entities include securities
of EUR 2,389 (2,114) million which are guaranteed by the Federal Republic of Germany, other EU states
or German federal states
The item “Covered bonds, asset-backed securities” includes German covered bonds (Pfandbriefe)
with a carrying amount of EUR 14,428 (13,464) million (99 [99]%).
Amortised cost Fair value
Contractual maturity 31.12.2011 31.12.2010 31.12.2011 31.12.2010
Figures in EUR million
Due in one year 2,810 1,290 3,033 1,306
Due after one through two years 1,486 1,380 1,505 1,422
Due after two through three years 2,905 1,601 3,034 1,612
Due after three through four years 2,927 3,046 3,085 3,081
Due after four through five years 2,316 2,986 2,449 3,107
Due after five through ten years 8,035 9,252 8,520 9,553
Due after ten years 12,482 12,788 13,598 13,104
Total 32,961 32,343 35,224 33,185