PROFIT AND LOSS ACCOUNT        
  Group Parent Company
  Jan 1–Dec 31 Jan 1–Dec 31 Jan 1–Dec 31 Jan 1–Dec 31
EUR 1 000 2008 2007 2008 2007
         

Technical account

        

Life insurance

        
         

Premiums written (4)

        

Premiums written

 85 078 116 533 75 368 82 034

Outward reinsurance premiums

 -86 -177 -65 -77
  84 992 116 356 75 303 81 957
         

Investment income (5)

 1 391 752 859 030 1 405 795 863 904

Unrealised gains on investments (5)

 2 196 8 379 - -

Other technical income

 44 147 - -
         

Claims incurred

        

Claims paid

        

Claims paid (6)

 -538 284 -423 645 -535 538 -413 178

Reinsurers' share

 1 1 1 1
  -538 284 -423 644 -535 537 -413 177
         

Change in provision for claims

        

Change in provision for claims

 -48 483 -120 998 -48 698 -121 013

Reinsurers' share

 0 5 - -
  -48 483 -120 993 -48 698 -121 013
         

Claims incurred in total

 -586 767 -544 637 -584 235 -534 190
         

Change in premium reserve

        

Change in premium reserve

 518 343 -88 112 519 242 -80 299

Reinsurers' share

 28 5 - -
  518 371 -88 107 519 242 -80 299
         

Operating expenses (7, 8)

 -20 955 -38 897 -15 225 -20 851

Investment charges (5)

 -1 443 169 -454 494 -1 438 153 -449 616

Other technical charges

 -30 -159 - -

Balance on technical account

 -53 566 -142 382 -37 273 -139 095
         

Non-technical account

        
         

Other income

 20 404 2 22

Other charges

        

Depreciation of goodwill

 - - -4 500 -4 500

Other charges

 -5 299 -6 671 -1 -21
  -5 299 -6 671 -4 501 -4 521
         

Share of associated undertakings' profits/losses

 414 112    
         

Taxes on profit on ordinary operations

        

Tax for financial year

 -556 -1 008 -525 -342

Tax for previous financial years

 68 -38 -70 -38

Deferred tax (9)

 2 312 849 - -
  1 824 -197 -595 -380
         

Profit/loss on ordinary operations

 -56 606 -148 734 -42 368 -143 974
         

Extraordinary items

        

Extraordinary expenses

   -2 080   -2 080

Untaxed reserves

        

Change in depreciation reserve

     -71 181

Change in untaxed reserves

     1 300 - 
      1 229 181
         

Minority interests

 -16 11    
         

Profit/loss for financial year

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