Fennia Annual Report 2014

Balance Sheet

Balance Sheet


EUR 1,000

Group

2014

Group

2013

Parent Company

2014

Parent Company

2013

Attachment

         

ASSETS

     
         
 

Intangible assets

     
  

Other long-term expenses

50,963

42,653

47,247

38,950

13

  

Advance payments

15,847

20,919

14,960

19,478

13

    

66,810

63,572

62,207

58,427

 
 

Investments

    

7

  

Real estate investments

     
   

Land and buildings

336,698

339,148

128,841

126,461

8

   

Investment loans to affiliated undertakings

  

103,920

108,854

8

   

Loans to associated undertakings

2,098

1,843

   
    

338,797

340,991

232,761

235,315

 
  

Investments in affiliated and associated undertakings

     
   

Shares and participations in affiliated undertakings

  

53,229

54,032

9

   

Shares and participations in associated undertakings

3,381

3,995

  

9

   

Debt securities issued by associated undertakings and loans to associated undertakings

   

300

9

    

3,381

3,995

53,229

54,332

 
  

Other investments

     
   

Shares and participations

1,010,495

948,408

646,055

594,782

12

   

Debt securities

504,985

433,895

349,637

280,584

 
   

Loans guaranteed by mortgages

12,939

27,595

9,938

19,069

 
   

Other loans

20,841

23,349

20,095

22,618

10

   

Deposits

 

13,058

 

1,000

 
    

1,549,260

1,446,305

1,025,726

918,053

 
  

Deposits with ceding undertakings

23

29

23

29

 
 

Total investments

1,891,461

1,791,320

1,311,739

1,207,729

 
 

Investments covering unit-linked insurances

509,441

396,958

   
 

Debtors

     
  

Arising out of direct insurance operations

     
   

Policyholders

72,026

68,617

71,399

68,100

 
  

Arising out of reinsurance operations

461

756

461

756

 
  

Other debtors

64,496

70,901

61,309

71,189

 
  

Deferred tax receivables

507

431

   
    

137,490

140,705

133,169

140,045

 
 

Other assets

     
  

Tangible assets

     
   

Machinery and equipment

7,447

8,028

7,041

7,477

13

   

Stocks

305

307

292

295

 
    

7,751

8,335

7,333

7,772

 
         
  

Cash at bank and in hand

33,059

15,421

18,014

9,419

 
    

40,811

23,757

25,347

17,191

 
 

Prepayments and accrued income

     
  

Interest and rents

9,463

9,364

6,767

6,373

 
  

Other

11,051

9,543

8,731

6,718

 
    

20,515

18,907

15,498

13,091

 
    

2,666,528

2,435,218

1,547,960

1,436,483

 
         

EUR 1,000

Group

2014

Group

2013

Parent Company

2014

Parent Company

2013

Attachment

         

LIABILITIES

     
         
 

Capital and reserves

    

16

  

Initial fund

7,703

7,703

7,703

7,703

 
  

Guarantee capital

 

-

885

-

 
  

Revaluation reserve

885

885

204,619

885

 
  

Security reserve

204,619

197,898

59

197,898

 
  

At the disposal of the Board

59

59

 

59

 
  

Profit brought forward

23,381

19,610

   
  

Profit for the financial year

27,401

10,492

23,500

6,722

 
    

264,047

236,646

236,766

213,265

 
 

Appropriations

     
  

Accumulated depreciation difference

  

1,327

1,706

 
         
 

Minority interests

1,545

1,597

   
         
 

Technical provisions

     
  

Non-life insurance: Provision for unearned premiums

127,603

121,707

127,603

121,707

 
  

Life insurance: Provision for unearned premiums

412,631

410,530

   
         
  

Non-life insurance: Claims outstanding

914,379

879,624

914,379

879,624

 
  

Reinsurers’ share

-6,999

-9,472

-6,999

-9,472

 
    

907,380

870,152

907,380

870,152

 
         
  

Life insurance: Claims outstanding

154,071

149,676

   
  

Equalisation provision, non-life insurance

224,174

180,655

224,174

180,655

 
 

Technical provisions in total

1,825,859

1,732,721

1,259,158

1,172,514

 
         
 

Technical provisions for unit-linked insurances

510,175

398,538

 
 

Creditors

     
  

Arising out of reinsurance operations

1,651

1,729

1,020

1,243

 
  

Other creditors

15,800

22,785

14,709

20,767

 
  

Deferred tax

9,217

9,372

   
    

26,667

33,886

15,729

22,010

 
 

Accruals and deferred income

38,234

31,831

34,980

26,988

 
    

2,666,528

2,435,218

1,547,960

1,436,483