Annual report 2014
CONSOLIDATED BALANCE SHEET 31 December 2014
| 1 | 0 | 3 | 8 | 9 | 3 | 9 | 5 | 6 | 5 | 1 | 1 | 1 | 1 | 4 | 0 | 1 |
Statistical code
AEGON Magyarország Általános Biztosító Zrt.
Assets in HUF million
|
Description |
Previous year |
Current year |
|||
|
Total |
Life |
Non-life |
Other, unallocated |
Total |
|
|
a |
b |
c |
d |
e |
|
| A. Intangible assets |
4,152 |
1,056 |
1,471 |
1,663 |
4,190 |
| B. Investments |
200,381 |
66,382 |
37,280 |
97,867 |
201,529 |
| I. Real estate |
2,275 |
0 |
2,137 |
1 |
2,138 |
| of which: self-occupied real estate |
2,275 |
0 |
2,137 |
1 |
2,138 |
| II. Investments in affiliated undertakings |
0 |
0 |
0 |
0 |
0 |
| 1. Equity investments in parent companies and subsidiaries |
0 |
0 |
0 |
0 |
0 |
| 2. Debt securities issued by, and loans to, parent company and subsidiaries |
0 |
0 |
0 |
0 |
0 |
| 3. Equity investments in joint and associated companies |
0 |
0 |
0 |
0 |
0 |
| 4. Debt securities issued by, and loans to, joint and associated companies |
0 |
0 |
0 |
0 |
0 |
| III. Other investments |
198,106 |
66,382 |
35,143 |
97,866 |
199,391 |
| 1. Equity investments in undertakings with which the insurance undertaking is linked by virtue of a participating interest |
2,871 |
2,748 |
107 |
0 |
2,855 |
| 2. Debt securities (except II/2. and II/4.) |
99,194 |
62,864 |
35,036 |
8,222 |
106,122 |
| 3. Participation in investment pools |
0 |
0 |
0 |
0 |
0 |
| 4. Loans guaranteed by mortgages (except II/2. and II/4. and III/5.) |
93,496 |
0 |
0 |
87,670 |
87,670 |
| 5. Other loans (except II/2. and II/4. and III/4.) |
2,545 |
770 |
0 |
1,974 |
2,744 |
| 6. Deposits with credit institutions |
0 |
0 |
0 |
0 |
0 |
| 7. Other investments |
0 |
0 |
0 |
0 |
0 |
| IV. Deposits with ceding undertakings |
0 |
0 |
0 |
0 |
0 |
| V. Revaluation of investments |
0 |
0 |
0 |
0 |
0 |
| VI. Investment valuation difference |
0 |
0 |
0 |
0 |
0 |
| VII. Capital consolidation related to subsidiaires and associated undertakings |
0 |
0 |
0 |
0 |
0 |
| C. A Investments for the benefit of unit-linked life assurance policyholders |
85,822 |
87,299 |
0 |
0 |
87,299 |
| D. Debtors |
3,834 |
644 |
2,100 |
1,990 |
4,734 |
| I. Debtors arising out of direct insurance operations |
1,935 |
375 |
1,239 |
3 |
1,617 |
| 1. Policyholders |
1,135 |
162 |
970 |
0 |
1,132 |
| of which: a) affiliated undertakings |
0 |
0 |
0 |
0 |
0 |
| b) undertakings with which an insurance undertaking is linked by virtue of participating interests |
0 |
0 |
0 |
0 |
0 |
| 2. Claims on insurance intermediaries |
621 |
213 |
12 |
3 |
228 |
| of which: a) affiliated undertakings |
0 |
0 |
0 |
0 |
0 |
| b) undertakings with which an insurance undertaking is linked by virtue of participating interests |
0 |
0 |
0 |
0 |
0 |
| 3. Other debtors arising out of direct insurance activity |
179 |
0 |
0 |
0 |
0 |
| of which: a) affiliated undertakings |
179 |
0 |
257 |
0 |
257 |
| b) undertakings with which an insurance undertaking is linked by virtue of participating interests |
0 |
0 |
0 |
0 |
0 |
| II. Debtors arising out of reinsurance operations |
99 |
1 |
0 |
0 |
1 |
| of which: a) affiliated undertakings |
0 |
0 |
0 |
0 |
0 |
| b) undertakings with which an insurance undertaking is linked by virtue of participating interests |
0 |
0 |
0 |
0 |
0 |
| III. Reinsurers’ share of the life assurance premium reserve |
0 |
0 |
0 |
0 |
0 |
| IV. Other debtors |
1,898 |
268 |
861 |
1,987 |
3,116 |
| of which: a) affiliated undertakings |
18 |
4 |
33 |
0 |
37 |
| b) undertakings with which an insurance undertaking is linked by virtue of participating interests |
0 |
0 |
0 |
0 |
0 |
| V. Corporate income tax receivable arising from consolidation (computed) |
0 |
0 |
0 |
0 |
0 |
| VI. Derivates valuation difference |
0 |
0 |
0 |
0 |
0 |
| VII. Corporate income tax receivable arising from consodilation (computed) |
0 |
0 |
0 |
0 |
0 |
| E. Other assets |
7,651 |
434 |
3,136 |
2,695 |
6,265 |
| 1. Tangible assets (other than land and buildings), inventories |
1,437 |
168 |
767 |
606 |
1,541 |
| 2. Cash at bank and in hand |
6,214 |
266 |
2,369 |
2,089 |
4,724 |
| 3. Repurchased own shares |
0 |
0 |
0 |
0 |
0 |
| 4. Other |
0 |
0 |
0 |
0 |
0 |
| F. Prepayments and accrued income |
11,958 |
8,359 |
1,480 |
341 |
10,180 |
| 1. Accrued interest and rent |
2,745 |
1,855 |
373 |
262 |
2,490 |
| 2. Deferred acquisition costs |
6,906 |
6,435 |
0 |
0 |
6,435 |
| 3. Other prepayments and accrued income |
2,307 |
69 |
1107 |
79 |
1,255 |
| Total assets |
313,798 |
164,174 |
45,467 |
104,556 |
314,197 |
| Budapest, 28 May 2015 |
……………………………………… |
|
……………………………………… |
……………………………………… |
CONSOLIDATED BALANCE SHEET, 31 December 2014
| 1 | 0 | 3 | 8 | 9 | 3 | 9 | 5 | 6 | 5 | 1 | 1 | 1 | 1 | 4 | 0 | 1 |
Statistical code
AEGON Magyarország Általános Biztosító Zrt.
Liabilities and equity in HUF million
|
Description |
Previous year |
Current year |
|||
|
Total |
Life |
Non-life |
Other, unallocated |
Total |
|
|
a |
c |
d |
e |
f |
|
| A. Capital and reserves |
28,168 |
8,989 |
11,198 |
504 |
20,691 |
| I. Subscribed capital |
6,374 |
3,633 |
2,741 |
0 |
6,374 |
| of which: repurchased participation at nominal value |
0 |
0 |
0 |
0 |
0 |
| II. Subscribed capital no yet paid up (-) |
0 |
0 |
0 |
0 |
0 |
| III. Capital reserve |
5,472 |
3,119 |
2,353 |
0 |
5,472 |
| IV. Retained earnings (+/-) |
24,672 |
2,025 |
5,516 |
21,169 |
28,710 |
| V. Restricted reserve |
587 |
212 |
588 |
0 |
800 |
| VI. Revaluation reserve |
0 |
0 |
0 |
0 |
0 |
| 1. Reserve of revaluation |
0 |
0 |
0 |
0 |
0 |
| 2. Fair value reserve |
0 |
0 |
0 |
0 |
0 |
| of witch: to the policyholders |
0 |
0 |
0 |
0 |
0 |
| VII. Profit for the financial year (+/-) |
7,871 |
0 |
0 |
0 |
0 |
| VIII. Changes in the equity of subsidiaries (+/- |
-16,808 |
0 |
0 |
-20,665 |
-20,665 |
| IX. Changes resulting from consolidation (+/-) |
0 |
0 |
0 |
0 |
0 |
| – from differential of debt consolidation |
0 |
0 |
0 |
0 |
0 |
| – from differential of interim profits |
0 |
0 |
0 |
0 |
0 |
| X. Participation of external members (other owners) |
0 |
0 |
0 |
0 |
0 |
| B. Subordinated liabilities |
68 |
0 |
0 |
68 |
68 |
| B/1. Differential of debt consolidation in subsidiaries |
68 |
0 |
0 |
68 |
68 |
| C. Technical provisions |
84,924 |
59,113 |
26,884 |
0 |
85,997 |
| 1. Provision for unearned premiums [a) + b)] |
3,345 |
79 |
4,033 |
0 |
4,112 |
| a) gross amount |
3,377 |
101 |
4,049 |
0 |
4,150 |
| b) reinsurance amount (-) |
-32 |
22 |
16 |
0 |
38 |
| 2. Actuarial provisions |
63,509 |
55,112 |
7,706 |
0 |
62,818 |
| a) life assurance premium provision [aa)+ab)] |
55,520 |
55,112 |
0 |
0 |
55,112 |
| aa) gross amount |
55,520 |
55,112 |
0 |
0 |
55,112 |
| of which: reinsurance amount |
0 |
0 |
0 |
0 |
0 |
| ab). reinsurance amount (risk insurance) (-) |
0 |
0 |
0 |
0 |
0 |
| b) health insurance premium provisions (1+ |
0 |
0 |
0 |
0 |
0 |
| ba). gross amount |
0 |
0 |
0 |
0 |
0 |
| bb). reinsurance amount |
0 |
0 |
0 |
0 |
0 |
| c) accident insurance annuity provision |
12 |
0 |
12 |
0 |
12 |
| ca). gross amount |
12 |
0 |
12 |
0 |
12 |
| cb). reinsurance amount (-) |
0 |
0 |
0 |
0 |
0 |
| d) liability insurance annuity provision (1+2) |
7,977 |
0 |
7,694 |
0 |
7,694 |
| da). gross amount |
8,744 |
0 |
8,442 |
0 |
8,442 |
| db) reinsurance amount (-) |
-767 |
0 |
748 |
0 |
748 |
| 3. Claims outstanding [a)+b)] |
17,518 |
3,678 |
14,836 |
0 |
18,514 |
| a) case-by-case provisions [aa)+ab)] |
13,539 |
3,417 |
10,978 |
0 |
14,395 |
| aa) gross amount |
14,052 |
3,472 |
11,401 |
0 |
14,873 |
| ab) reinsurance amount (-) |
-513 |
55 |
423 |
0 |
478 |
| b) IBNR |
3,979 |
261 |
3,858 |
0 |
4,119 |
| ba) gross amount |
3,979 |
261 |
3,858 |
0 |
4,119 |
| bb) reinsurance amount (-) |
0 |
0 |
0 |
0 |
0 |
| 4. Profit-dependent and profit-independent premium reimbursement provisions [a)+b)] |
54 |
3 |
46 |
0 |
49 |
| a) Profit-dependent |
34 |
0 |
34 |
0 |
34 |
| aa) gross amount |
34 |
0 |
34 |
0 |
34 |
| ab) reinsurance amount (-) |
0 |
0 |
0 |
0 |
0 |
| b) profit-independent |
20 |
3 |
12 |
0 |
15 |
| ba) gross amount |
20 |
3 |
12 |
0 |
15 |
| bb) reinsurance amount (-) |
0 |
0 |
0 |
0 |
0 |
| 5. Equalisation provision |
115 |
0 |
115 |
0 |
115 |
| 6. Other technical provisions [a)+b)+c)] |
383 |
241 |
148 |
0 |
389 |
| a) Large claim provisions |
21 |
0 |
21 |
0 |
21 |
| b) Cancellation provisions [ba)+bb)] |
118 |
25 |
127 |
0 |
152 |
| ba) gross amount |
119 |
25 |
130 |
0 |
155 |
| bb) reinsurance amount (-) |
-1 |
0 |
3 |
0 |
-3 |
| c) other technical provision [ca)+cb)] |
244 |
216 |
0 |
0 |
216 |
| ca) gross amount |
244 |
216 |
0 |
0 |
216 |
| cb) reinsurance amount (-) |
0 |
0 |
0 |
0 |
0 |
| D. Technical provisions for unit-linked life assurance policyholders (1+2) |
85,822 |
87,299 |
0 |
0 |
87,299 |
| a) gross amount |
85,822 |
87,299 |
0 |
0 |
87,299 |
| b) reinsurance amount (-) |
0 |
0 |
0 |
0 |
0 |
| E. Specific provisions |
3,401 |
2,070 |
548 |
6553 |
9,171 |
| 1. Provisions for contingent liabilities |
3,303 |
2,014 |
520 |
6553 |
9,087 |
| 2. Provisions for future expenses |
98 |
56 |
28 |
0 |
84 |
| 3. Other provisions |
0 |
0 |
0 |
0 |
0 |
| F. Deposits received from reinsurers |
0 |
0 |
0 |
0 |
0 |
| G. Creditors |
107,311 |
4,051 |
6,458 |
96,171 |
106,680 |
| I. Creditors arising out of direct insurance operations |
2,636 |
155 |
2,552 |
0 |
2,707 |
| of which: a) affiliated undertakings |
0 |
0 |
0 |
0 |
0 |
| b) undertakings with which an insurance undertaking is linked by virtue of participating interests |
0 |
0 |
0 |
0 |
0 |
| II. Creditors arising out of reinsurance operations |
205 |
30 |
167 |
0 |
197 |
| of which: a) affiliated undertakings |
0 |
0 |
0 |
0 |
0 |
| b) undertakings with which an insurance undertaking is linked by virtue of participating interests |
0 |
0 |
0 |
0 |
0 |
| III. Creditors arising out of bond issues |
0 |
0 |
0 |
0 |
0 |
| of which: a) affiliated undertakings |
0 |
0 |
0 |
0 |
0 |
| b) undertakings with which an insurance undertaking is linked by virtue of participating interests |
0 |
0 |
0 |
0 |
0 |
| IV. Credits |
100,983 |
0 |
0 |
87,694 |
87,694 |
| of which: a) affiliated undertakings |
100,983 |
0 |
0 |
87,694 |
87,694 |
| b) undertakings with which an insurance undertaking is linked by virtue of participating interests |
0 |
0 |
0 |
0 |
0 |
| V. Other creditors |
3,487 |
3,866 |
3,739 |
8,477 |
16,082 |
| of which: a) affiliated undertakings |
1,034 |
2,097 |
3,076 |
6,898 |
12,071 |
| b) undertakings with which an insurance undertaking is linked by virtue of participating interests |
0 |
0 |
0 |
0 |
0 |
| VI. Creditors valuation difference |
0 |
0 |
0 |
0 |
0 |
| VII. Derivates valuation difference |
0 |
0 |
0 |
0 |
0 |
| VIII: Corporate income tax liability resulting from consolidation (computed) |
0 |
0 |
0 |
0 |
0 |
| H. Accruals and deferred income |
4,104 |
2,652 |
379 |
1,260 |
4,291 |
| 1. Accrued income |
633 |
0 |
0 |
0 |
0 |
| 2. Accrued costs and expenditure |
3,471 |
2,652 |
379 |
1,260 |
4,291 |
| 3. Deferred income |
0 |
0 |
0 |
0 |
0 |
| Total liabilities and equity |
313,798 |
164,174 |
45,467 |
104,556 |
314,197 |
| Budapest, 28 May 2015 |
……………………………………… |
|
……………………………………… |
……………………………………… |
CONSOLIDATED PROFIT AND LOSS ACCOUNT 31 December 2014
| 1 | 0 | 3 | 8 | 9 | 3 | 9 | 5 | 6 | 5 | 1 | 1 | 1 | 1 | 4 | 0 | 1 |
Statistical code
AEGON Magyarország Általános Biztosító Zrt.
in HUF million
|
Description |
Previous year, |
Current year, |
| Non-life insurance business |
a |
b |
| 01. Earned premiums, net of reinsurance |
42,057 |
44,827 |
| a) gross premiums written |
44,818 |
47,436 |
| b) outward reinsurance premiums (-) |
2,268 |
1,835 |
| c) change in the gross provision for unearned premiums (+/-) |
495 |
779 |
| d) change in the provision for unearned premiums, reinsurers’ share (+/-) |
-1 |
-5 |
| 02. Profit from investments to be returned to policyholders (same as C/06.) |
0 |
0 |
| 03. Other technical income |
416 |
398 |
| 04. Claims incurred |
19,293 |
20,566 |
| a) claims paid and claim settlement expenses |
19,355 |
19,840 |
| aa) claim payments |
17,224 |
17,457 |
| 1. gross amount |
17,509 |
17,589 |
| 2. reinsurers’ share (-) |
284 |
132 |
| ab) claim settlement expenses |
2,407 |
2,612 |
| ac) income from claim recovery and claim settlement expense reimbursement (-) |
277 |
229 |
| b) changes in the provision for claims outstanding (+/-) (case-by-case, IBNR) |
-62 |
726 |
| ba) case by case |
158 |
580 |
| 1) gross amount |
215 |
557 |
| 2) reinsurers’ share (-) |
57 |
-23 |
| bb) IBNR |
-221 |
146 |
| 1) gross amount |
-221 |
146 |
| 2) reinsurers’ share (-) |
0 |
0 |
| 05. Changes in actuarial provisions (+/-) |
-1,135 |
-283 |
| a) changes in the health insurance premium provision (+/-) |
0 |
0 |
| aa) gross amount |
0 |
0 |
| ab) reinsurers’ share (-) |
0 |
0 |
| b) changes in the accident insurance annuity provision (+/-) |
-1 |
0 |
| ba) gross amount |
-1 |
0 |
| bb) reinsurers’ share (-) |
0 |
0 |
| c) changes in the liability insurance annuity provisions (+/-) |
-1,134 |
-283 |
| ca) gross amount |
-1,303 |
-302 |
| cb) reinsurers’ share (-) |
-169 |
-19 |
| 06. Changes in the profit-dependent and profit-independent premium reimbursement provisions (+/-) |
-3 |
-2 |
| a) profit-dependent |
0 |
0 |
| aa) gross amount |
0 |
0 |
| ab) reinsurers’ share (-) |
0 |
0 |
| b) profit-independent |
-2 |
-2 |
| ba) gross amount |
-2 |
-2 |
| bb) reinsurers’ share (-) |
0 |
0 |
| 07. Changes in the equalisation provision (+/-) |
0 |
0 |
| 08. Changes in other technical provisions (+/-) |
5 |
43 |
| a) large claim provisions |
0 |
0 |
| b) cancellation provisions |
5 |
43 |
| ba) gross amount |
5 |
44 |
| bb) reinsurers’ share (-) |
-1 |
-1 |
| c) changes in other technical provisions |
0 |
0 |
| ca) gross amount |
0 |
0 |
| cb) reinsurers’ share (-) |
0 |
0 |
| 09. Net operating expenses |
13,772 |
14,751 |
| a) acquisition costs incurred in the financial year |
8,857 |
9,510 |
| b) change in deferred acquisition costs (+/-) |
0 |
12 |
| c) administrative expenses (except investment costs) |
4,915 |
5,229 |
| d) reinsurance commissions and profit participation (-) |
0 |
0 |
| 10. Other technical charges |
3,978 |
4,144 |
| A) INSURANCE TECHNICAL PROFIT (01+02+03-04-05-06-07-08-09-10) |
6,563 |
6,006 |
|
Description |
Previous year, |
Current year, |
| Life assurance business |
a |
b |
| 01. Earned premiums, net of reinsurance |
36,577 |
38,705 |
| a) gross premiums written |
36,800 |
38,952 |
| b) outward reinsurance premiums (-) |
229 |
254 |
| c) change in the provision for unearned premiums (+/-) |
-2 |
-6 |
| d) change in the provision for unearned premiums, reinsurers’ share (+/-) |
-4 |
-1 |
| 02. Technical income from investments |
4,407 |
3,776 |
| a) income from participating interests |
131 |
148 |
| of which: derived from affiliated undertakings |
0 |
0 |
| b) income from other investments |
3,702 |
3,259 |
| of which: derived from affiliated undertakings |
0 |
0 |
| ba) income from tangible assets related to the insurance portfolio, |
0 |
0 |
| bb) interest received and interest type income |
3,702 |
3,259 |
| c) gains on the realisation of investments, other investment income |
574 |
369 |
| d) allocated investment return transferred from life assurance (same as C/05.) (-) |
0 |
0 |
| 03. Unrealised gains on investments |
12,401 |
11,577 |
| of which valuation difference |
0 |
0 |
| 04. Other technical income |
273 |
157 |
| 05. Claims incurred |
36,609 |
33,685 |
| a) claims paid and claim settlement expenses |
36,981 |
33,422 |
| aa) claims paid |
36,697 |
33,184 |
| 1. gross amount |
36,779 |
33,326 |
| 2. reinsurers’ share (-) |
82 |
142 |
| ab) claim settlement expenses |
298 |
277 |
| ac) income from claim recoveries and claim settlement expense reimbursement (-) |
14 |
39 |
| b) change in the provisions for claims outstanding (+/-) (case-by-case, IBNR) |
-371 |
263 |
| ba) case by case |
-379 |
273 |
| 1) gross amount |
-341 |
261 |
| 2) reinsurers’ share (-) |
37 |
-12 |
| bb) IBNR |
7 |
-10 |
| 1) gross amount |
7 |
-10 |
| 2) reinsurers’ share (-) |
0 |
0 |
| 06. Change in actuarial provisions (+/-) |
-3,298 |
-408 |
| a) change in the life assurance premium provision (+/-) |
-3,298 |
-408 |
| aa) gross amount |
-3,298 |
-408 |
| ab) reinsurers’ share (risk insurance) (-) |
0 |
0 |
| b) change in the health insurance premium provision (+/-) |
0 |
0 |
| ba) gross amount |
0 |
0 |
| bb) reinsurers’ share (-) |
0 |
0 |
| c) change in the accident insurance annuity provision (+/-) |
0 |
0 |
| ca) gross amount |
0 |
0 |
| cb) reinsurers’ share (-) |
0 |
0 |
| 07. Change in the profit-dependent and profit-independent premium reimbursement provision (+/-) |
-1 |
-3 |
| a) the profit-dependent |
0 |
0 |
| aa) gross amount |
0 |
0 |
| ab) reinsurers’ share (-) |
0 |
0 |
| b) profit-independent |
-1 |
-3 |
| ba) gross amount |
-1 |
-3 |
| bb) reinsurers’ share (-) |
0 |
0 |
| 08. Change in the equalisation provision (+/-) |
0 |
0 |
| 09. Change in other technical provisions (+/-) |
-60 |
-37 |
| a) large claim provisions (+/-) |
0 |
0 |
| b) cancellation provisions |
-39 |
-9 |
| ba) gross amount |
-39 |
-9 |
| bb) reinsurers’ share (-) |
0 |
0 |
| c) changes in other technical provisions (-) |
-21 |
-28 |
| ca) gross amount |
-21 |
-28 |
| cb) reinsurers’ share (-) |
0 |
0 |
| 10. Change in UL technical provisions |
-2,778 |
1,478 |
| a) gross amount |
-2,778 |
1,478 |
| b) reinsurers’ share (-) |
0 |
0 |
| 11. Net operating expenses |
8,351 |
9,770 |
| a) acquisition costs incurred in the financial year |
5,279 |
6,069 |
| b) change in deferred acquisition costs (+/-) |
-304 |
471 |
| c) administrative expenses (except investment costs) |
3,380 |
3,234 |
| d) reinsurance commissions and profit participation (-) |
4 |
4 |
| 12. Technical expenditure arising from investments |
115 |
246 |
| a) operating and maintenance charges on investments, including interests paid and interest type expenditure |
19 |
24 |
| b) value adjustment on investments, value re-adjustments on investments (+/-) |
-70 |
0 |
| c) losses on the realisation of investments, other investment expenditure |
166 |
222 |
| 13. Unrealised losses on investments |
6,437 |
3,126 |
| of witch: valuation difference | ||
| 14. Other technical charges |
1,280 |
1,279 |
| B) INSURANCE TECHNICAL PROFIT (01+02+03+04-05-06-07-08-09-10-11-12-13-14) |
7,003 |
5,079 |
|
Description |
Previous year, total |
Current year, total |
|
a |
b |
|
| C) Non-technical accounts |
-1,274 |
-4,764 |
| 01/a) Dividends and profit sharing received from associated company |
0 |
0 |
| 01/b.)Dividends and profit sharing received from associated company |
34 |
43 |
| 02. Interest received and interest type incomes |
8,955 |
7,818 |
| of which: derived from affiliated undertakings |
0 |
0 |
| 03. Income from tangible assets related to the insurance portfolio |
232 |
217 |
| 04. Gains on the realisation of investments, other investment income |
1,117 |
11,267 |
| 05. Allocated investment return transferred from life assurance (same as B/02/d)) |
0 |
0 |
| 06. Profit from investment to be returned to policyholders (-) (same as A/02.) |
0 |
0 |
| 07. Operating and maintenance charges on investments, including interest paid and interest type expenditure |
4,265 |
3,269 |
| 08. Value adjustments and re-adjustments on investments (+/-) |
46 |
354 |
| 09. Losses on the realisation of investments, other investment expenditure |
1,052 |
7,843 |
| 10. Other income |
8,070 |
10,788 |
| 10/A Consolidation differential resulting from debt consolidation and increasing the profit |
0 |
0 |
| 11. Other expenditure |
14,319 |
23,431 |
| 11/AConsolidation differential resulting from debt consolidation and decreasing the profit |
0 |
0 |
| D) ORDINARY PROFIT FROM OPERATIONS (+/-A+/-B+01+02+03+04+05-06-07-08-09+10-11) |
12,292 |
6,321 |
| 12. Extraordinary income |
42 |
47 |
| 13. Extraordinary expenditure |
2,878 |
1,515 |
| 14. Extraordinary profit (12-13) |
-2,836 |
-1,468 |
| E) PROFIT BEFORE TAXATION (+/-D+/-14) |
9,456 |
4,853 |
| Settlement of profit as per balance sheet | ||
| 15. Tax liability |
585 |
328 |
| 15/A Corporate income tax differential resulting from consolidation |
0 |
0 |
| F) NET PROFIT (+/-E-15+/-15/A) |
8,871 |
4,525 |
| 16. Use from the accumulated profit reserve for dividends and profit sharing |
0 |
7,475 |
| 17. Approved dividend or profit sharing |
1,000 |
12,000 |
| G) PROFIT AS PER BALANCE SHEET (+/-F+16-17) |
7,871 |
0 |
| Budapest, 28 May 2015 |
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|
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