Sustainability Report 2012 - Generali Versicherung AG

FINANCIAL AND SUSTAINABILITY PERFORMANCEThe following charts present and describe the main financial benchmarks for the results obtained by the Group, comparedwith the performance of the financial markets. Information is also provided concerning Assicurazioni Generali’s inclusionin leading ethical indices, and the rating obtained from several SRI (Socially Responsible Investment) rating agenciesspecialising in the analysis of environmental, social and governance (ESG) performance of companies in order to assesswhether the share meets social responsibility requirements.Financial performance2009 2010 2011 2012 Change2012/2011Average change2012/2009Shareholders' equity* (in million Euros) 16,652 17,490 15,486 19,828 28.0% 6.0%Stock market capitalization(in million Euros)29,300 22,123 18,106 21,391 18.1% -10.0%Price of Generali shares (Euro)** 18.82 14.21 11.63 13.74 18.1% -10.0%Dividend yield 1.9% 3.2% 1.7% 1.5%* Shareholders' equity attributable to the Group, including the related result of the period.** Adjusted to account for the free increases of capital.Market capitalisation as at 31 December 2012 was 21,391 million euros, confirming Assicurazioni Generali S.p.A. as one of the majorEuropean insurers by market capitalisation. The market capitalisation, which is the market value of a listed company, is calculated bymultiplying the number of shares by their market price.The dividend yield, i.e. the ratio of final unit cash dividend to final share price, decreased in 2012 (1.5%), due to the increase in the valueof the share on which it is calculated during the year. This is a return indicator that allows the dividend to be compared with that of otherstocks.Performance of Generali share compared with the main stock exchange indices in 201213012011010090807001.01.201201.02.201201.03.201201.04.201201.05.201201.06.201201.07.201201.08.201201.09.201201.10.201201.11.201201.12.201201.01.2013GENERALI DJ EUROSTOXX Insurance Ftse MIB DJ EUROSTOXX 50In 2012, Generali’s share price fluctuated between a low of 8.22 euros (on 31 May 2012) and a high of 13.82 euros (on 21 December2012), amounting to 13.74 euros at year-end, appreciating by 18.1% on the end of 2011.The performance of the Generali share at the end of 2012 (+18.1%), mainly the result of a significant recovery in the second half of theyear, outperformed the Borsa Italiana FTSE MIB index (+7.8%) and the Eurozone blue-chip index DJ Eurostoxx 50 (+13.8%) while itunderperformed the Eurozone insurance index DJ Eurostoxx Insurance (+32.9%).The Generali share is listed on 61 stock market indices, including the most important: Euro Stoxx 50, Stoxx Europe 600, FTSE MIB, EuroStoxx, MCSI Euro and Euro Stoxx Insurance.FINANCIAL COMMUNITY | 79