BALANCE SHEET

        
  Group Parent Company

EUR 1 000

 Dec 31, 2008 Dec 31, 2007 Dec 31, 2008 Dec 31, 2007
         

Assets

        
         

Intangible assets

        

Intangible rights

 27 910 27 33

Goodwill

 - - 9 602 14 102

Unallocated consolidation goodwill

 62 447 67 704 - -

Other long-term expenditure

 365 373 365 373
  62 840 68 987 9 994 14 508
         

Investments (12 a, 12 b)

        

Real estate

        

Real estate and shares

 455 960 430 965 209 627 199 757

Loans to Group companies

 - - 57 400 49 500
  455 960 430 965 267 027 249 257
         

Investments in Group companies
and participating interests

        

Shares in Group companies (14, 16)

     7 494 18 177

Loans to Group companies (14)

     12 428 12 428

Shares in associated undertakings (15, 16)

 1 864 1 646 - -

Shares in participating interests (15, 16)

 - - 755 755
  1 864 1 646 20 677 31 360
         

Other financial investments

        

Shares and fund units (16)

 2 801 191 3 410 280 2 775 792 3 366 901

Debt securities

 2 496 345 2 484 794 2 496 345 2 456 845

Other loans

 666 696 666 696

Deposits

 20 600 38 616 20 600 27 273
  5 318 802 5 934 386 5 293 403 5 851 715
         

Investments in total

 5 776 626 6 366 997 5 581 107 6 132 332
         

Investments covering unit-linked insurance

 - 16 199 - -
         

Debtors

        

Direct insurance debtors

        

Policyholders

 627 2 393 627 1 031

Intermediaries

 - 229 - -

Reinsurance debtors

 398 529 398 472

Other debtors

 24 754 42 859 24 790 45 676

Deferred tax assets (9)

 11 979 12 248 - -
  37 758 58 258 25 815 47 179
         

Other assets

        

Tangible assets

        

Machinery and equipment

 280 814 280 355

Cash at bank and in hand

 154 193 19 779 154 108 16 034

Other

 356 361 356 356
  154 830 20 954 154 745 16 745
         

Prepayments and accrued income

        

Interest and rent

 39 809 39 611 40 727 40 343

Deferred acquisition cost of insurances

 - 249 - -

Other

 17 636 3 696 16 195 2 594
  57 444 43 556 56 922 42 937
         
         

Assets in total

 6 089 498 6 574 951 5 828 584 6 253 701
         
         
         
         

BALANCE SHEET

 Group Parent Company

EUR 1 000

 Dec 31, 2008 Dec 31, 2007 Dec 31, 2008 Dec 31, 2007
         

Liabilities

        
         

Capital and reserves (21)

        

Initial fund

 2 859 2 859 2 859 2 859

Guarantee capital

 504 504 504 504

Other reserves

        

Contingency reserve

 608 919 754 897 608 945 754 923

Profit/loss brought forward

 62 142 59 091 - -

Profit/loss for financial year

 -56 622 -150 803 -41 138 -145 873
         

Capital and reserves in total

 617 803 666 548 571 170 612 413
         

Minority interests

 12 44    
         

Accrual of untaxed reserves

        

Depreciation reserve

     192 122

Untaxed reserves

     -  1 300
      192 1 422
         

Technical provisions

        

Premium reserve

 3 903 573 4 467 018 3 903 573 4 422 815

Reinsurance amount

 - -39 - -
  3 903 573 4 466 979 3 903 573 4 422 815
         

Provision for claims outstanding

 1 145 804 1 099 219 1 145 804 1 097 106

Reinsurance amount

 - -6 - -
  1 145 804 1 099 213 1 145 804 1 097 106
         

Technical provisions in total

 5 049 377 5 566 192 5 049 377 5 519 921
         

Technical provisions for unit-linked insurance

 - 16 197 - -
         

Creditors

        

Direct insurance creditors

 365 2 043 365 367

Reinsurance creditors

 20 50 20 17

Amounts owed to credit institutions

 216 769 194 519 - -

Pension loans

 12 947 13 922 12 947 13 922

Other creditors

 146 019 64 233 155 949 67 865

Deferred tax liabilities (9)

 6 658 9 160 - -
  382 778 283 927 169 282 82 171
         

Accruals and deferred income

 39 528 42 043 38 562 37 774
         
         

Liabilities in total

 6 089 498 6 574 951 5 828 584 6 253 701