Quarterly Report 3/2008 (PDF, 308 KB) - Munich Re

Consolidated balance sheet
Interim consolidated financial statements
Consolidated balance sheet as at 30 September 2008
Assets 31.12.2007 Change
€m €m €m €m €m %
A. Intangible assets
I. Goodwill 3,714 3,135 579 18.5
II. Other intangible assets 1,971 1,142 829 72.6
B. Investments
5,685 4,277 1,408 32.9
I. Land and buildings, including buildings on
third-party land
Thereof:
3,719 3,753 –34 –0.9
Investment property held for sale
II. Investments in affi liated companies
16 78 –62 –79.5
and associates 1,208 1,168 40 3.4
III. Loans
IV. Other securities
39,974 35,502 4,472 12.6
1. Held to maturity 154 200 –46 –23.0
2. Available for sale 111,091 119,034 –7,943 –6.7
3. Held for trading 3,075 1,280 1,795 140.2
114,320 120,514 –6,194 –5.1
V. Deposits retained on assumed reinsurance 6,099 8,206 –2,107 –25.7
VI. Other investments 3,110 4,833 –1,723 –35.7
168,430 173,976 –5,546 –3.2
C. Investments for the benefi t of life insurance policyholders
who bear the investment risk 2,955 2,178 777 35.7
D. Ceded share of technical provisions
E. Receivables
5,288 5,626 –338 –6.0
I. Current tax receivables 859 751 108 14.4
II. Other receivables 9,409 8,636 773 9.0
10,268 9,387 881 9.4
F. Cash at bank, cheques and cash in hand
G. Deferred acquisition costs
3,718 2,505 1,213 48.4
Gross 8,906 8,388 518 6.2
Ceded share 278 86 192 223.3
Net 8,628 8,302 326 3.9
H. Deferred tax assets
Thereof:
4,927 4,619 308 6.7
Deferred tax assets relating to disposal groups – 3 –3 –100.0
I. Other assets 4,201 3,383 818 24.2
Total assets 214,100 214,253 –153 –0.1
24 Munich Re Group Quarterly Report 3/2008