<strong>Munich</strong> <strong>Re</strong>insurance Company Company accounts as at 30th June <strong>1998</strong> In the interest of a clearer presentation, we have condensed many items in the balance sheet and the profit and loss account. The relevant subitems are shown separately in the notes on the accounts in each case. On request, we will be pleased to send you the long versions of the balance sheet and the profit and loss account, in the format required by the German statutory order on insurance companies’ accounting and as presented to our auditor. 101
<strong>Munich</strong> <strong>Re</strong>insurance Company Summary of the most important figures <strong>1997</strong>/98 Previousb Balance sheet – assets TDM year TDM Investments 39,177,028 36,131,879 Deposits retained on assumed reinsurance business 27,133,320 24,928,796 Accounts receivable on reinsurance business 1,256,155 1,103,850 Other assets 1,112,359 632,763 Liability of shareholders for subscribed capital 409,799 399,876 Balance sheet total 69,088,661 63,197,164 <strong>1997</strong>/98 Previousb Balance sheet – liabilities TDM year TDM Shareholders’ funds 4,199,792 3,535,411 – Subscribed capital 834,598 814,752 – <strong>Re</strong>serves 3,212,266 2,579,601 – Balance sheet profit 152,928 141,058 <strong>Re</strong>insurance funds and provisions 55,533,243 51,645,387 Deposits retained on retroceded business 3,933,644 3,530,047 Accounts payable on reinsurance business 2,062,867 2,159,221 Other liabilities 3,359,115 2,327,098 Balance sheet total 69,088,661 63,197,164 <strong>1997</strong> Previousb Premium income TDM year TDM <strong>Re</strong>insurance premiums 19,446,900 18,540,559 – Life 4,711,335 4,397,944 – Personal accident/health 1,351,245 1,300,089 – Liability 1,492,093 1,493,747 – Motor 3,163,304 3,050,994 – Marine/aviation 1,100,640 630,384 – Fire 3,282,285 3,176,817 – Engineering 1,751,846 1,782,008 – Other classes 2,594,152 2,708,576 102