Annual Report 2003 - Hannover Re

Notes
notes on assets
Other receivables
Figures in EUR thousand
2003 2002
Receivables from affiliated companies 220 859 134 720
Receivables from the revenue authorities 26 234 44 979
Receivables from reinsured pension schemes 17 350 –
Receivables from banks on the sale of securities 5 101 14 579
Receivables from representative offices 481 420
Interest and rent due 191 704
Receivables from overpayments 1 2 625
Receivables from dividend entitlements – 5 575
Other receivables 370 499
Total 270 587 204 101
Treasury Stock
By a resolution of the Annual General Meeting of Hannover Rückversicherung AG adopted on
27 May 2003, the company was authorised until 31 October 2004 to acquire treasury stock of up to
10% of the capital stock existing on the date of the resolution. The company did not hold treasury stock
as at 31 December 2003.
Accruals and deferred income
in EUR thousand
2003 2002
Accrued interest and rent 53 399 53 480
Accrued administrative expenses 2 359 1 062
Deferred premium on bonds 107 290
Other 144 534
Total 56 009 55 366
Probable tax relief in subsequent financial years in accordance with § 274 (2)
of the Commercial Code (HGB)
A deferred item was established in the financial year for the probable tax relief in subsequent financial
years in accordance with § 274 (2) of the Commercial Code (HGB) in the amount of EUR 66,578
(2002: 46,705) thousand. Of this amount, EUR 35,217 (2002: EUR 24,601) thousand was attributable
to corporation tax including the German reunification charge and EUR 31,361 (2002: 22,104) thousand
to trade tax.
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