Annual Report 1997/1998 - Munich Re
Annual Report 1997/1998 - Munich Re
Annual Report 1997/1998 - Munich Re
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
<strong>Munich</strong> <strong>Re</strong> Group Notes on the accounts<br />
(1) Intangible assets<br />
Notes on the consolidated balance sheet – assets<br />
The intangible assets and investments developed as follows in the<br />
year under review:<br />
84<br />
Book values<br />
30.6.<strong>1997</strong> Additions<br />
TDM TDM<br />
Goodwill 3,687,427 570,958<br />
Other intangible assets 126,897 141,397<br />
(2) Investments<br />
3,814,324 712,355<br />
<strong>Re</strong>al estate 7,687,754 3,819,404<br />
Investments in affiliated companies and participations<br />
– Shares in affiliated companies 96,741 193,716<br />
– Loans to affiliated companies 42,732 6,545<br />
– Participations in associated companies 97,591 146,099<br />
– Other participations 6,617,416 1,483,467<br />
– Loans to participations 9,807 67,797<br />
6,864,287 1,897,624<br />
30.6.<strong>1998</strong> Previous year<br />
TDM TDM<br />
Other investments<br />
– Shares, investment fund certificates<br />
and other variable-yield securities 48,419,760 27,693,688<br />
– Bearer bonds and other fixedinterest<br />
securities 20,309,428 17,158,417<br />
– Mortgage loans 13,823,732 9,538,538<br />
– Other loans<br />
• <strong>Re</strong>gistered bonds 52,346,360 36,854,454<br />
• Loans and promissory notes 30,040,623 21,787,904<br />
• Loans and advance payments on<br />
insurance policies 1,207,866 738,025<br />
• Miscellaneous 113,427 51,369<br />
– Deposits with banks 1,362,949 725,419<br />
– Miscellaneous investments 217,249 4,627<br />
Total 167,841,394 114,552,441