01.02.2014 Views

The Group KD Group and KD Group dd

The Group KD Group and KD Group dd

The Group KD Group and KD Group dd

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

<strong>The</strong> <strong>KD</strong> <strong>Group</strong> Annual Report 2009<br />

Net profit or loss by business segment in 2009 <strong>and</strong> 2008 (in EUR thous<strong>and</strong>):<br />

Net profit or loss ( in EUR thous<strong>and</strong>)<br />

Property insurance Life insurance Health insurance Financial serv ices Banking Cinematography Other<br />

10.000<br />

0<br />

2.180<br />

3.808<br />

1.668<br />

-10.000<br />

-3.418<br />

-10.429<br />

-20.000<br />

-13.715<br />

-20.961<br />

-30.000<br />

-40.000<br />

-34.996<br />

-50.000<br />

-43.396<br />

2009 2008<br />

0 0 -110<br />

-490<br />

-1.368<br />

Assets<br />

Total assets of the <strong>Group</strong> stood at EUR 847,8million at the end of 2009, an increase of 7 percent compared to total assets of<br />

EUR 795,5 million at the end of 2008.<br />

<strong>The</strong> highest growth was recorded by investments of the insured <strong>and</strong> reinsurance contracts (72 percent) which is tied to the<br />

growth in stock market prices in 2009. Cash <strong>and</strong> cash equivalents increased by 30 percent compared to 2008, pointing to an<br />

improved liquidity of the <strong>Group</strong> when compared to the end of 2008. In terms of their structure, financial assets <strong>and</strong><br />

investments which declined by 5 percent in 2009 primarily due to write-offs <strong>and</strong> impairments, account for 44 percent of total<br />

assets.<br />

Assets <strong>and</strong> changes in 2009 <strong>and</strong> 2008 (in EUR thous<strong>and</strong>):<br />

Assets ( in EUR thous<strong>and</strong>)<br />

900.000<br />

800.000<br />

700.000<br />

600.000<br />

500.000<br />

400.000<br />

300.000<br />

200.000<br />

100.000<br />

0<br />

847.785<br />

795.464<br />

40.730<br />

31.305<br />

165.486 95.970<br />

131.048<br />

141.681<br />

374.256 393.268<br />

29.814 28.708<br />

106.451 104.532<br />

31.12.2009 31.12.2008 restatement<br />

Cash <strong>and</strong> cash<br />

equivalents<br />

Unit-linked investments<br />

of policyholders <strong>and</strong><br />

reinsurance contracts<br />

Receivables,<br />

inventories <strong>and</strong> other<br />

Financial assets <strong>and</strong><br />

investments<br />

Investment property<br />

Intangible <strong>and</strong> tangible<br />

fixed assets<br />

38

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!