Annual report 2006 - Dexia.com

Deferred tax coming from assets of the balance sheet Dec. 31, 2005 Dec. 31, 2006
Cash, loans and loan loss provisions (1,091) (404)
Securities (1,854) (884)
Derivatives (1,108) (460)
Investments in associates (16) 0
Tangible and intangible fixed assets (186) (199)
Other assets and liabilities specific to insurance companies (89) (82)
Other (25) (16)
TOTAL (4,369) (2,045)
RAPPORT DE GESTION
CONSOLIDATED
FINANCIAL STATEMENTS
COMPTES SOCIAUX
Deferred tax coming from liabilities of the balance sheet Dec. 31, 2005 Dec. 31, 2006
Securities 0 0
Derivatives 2,514 1,819
Borrowings, deposits and issuance of debt securities 1,132 (124)
Provisions 11 57
Pensions 105 112
Other assets and liabilities specific to insurance companies 46 9
Tax losses carried forward 311 306
Tax credit carried forward 14 0
Legal tax free provisions (384) (419)
Entities with special tax status (197) (223)
Minority interest, reserves of associates and own shares 0 0
Other 139 157
TOTAL 3,691 1,694
C. Expiry date of unrecognized deferred tax assets
Nature Less than 1 year Between Over 5 Undetermined Total
1 to 5 years years maturity
Temporary difference 0 0
Tax losses carried forward (67) (67)
TOTAL 0 0 0 (67) (67)
9.3. INSURANCE CONTRACTS
A. Life contracts
A.1. Income and expenses
PREMIUM INCOME
Dec. 31, 2005 Dec. 31, 2006
Insurance Investment Insurance Investment
contracts contracts with DPF (1) contracts contracts with DPF (1)
Individual Group Individual Group Individual Group Individual Group
Gross premiums written 285 259 1,841 209 392 239 2,312 50
Premiums ceded to reinsurers (2) (40) 0 0 (3) (38) 0 (1)
Change in gross
unearned premium
reserves (UPR) 0 0 0 0 0 56 0 0
Share of reinsurer
in change of unearned
premium reserves
(UPR) 0 0 0 0 0 (15) 0 0
NET PREMIUM
AFTER REINSURANCE 283 219 1,841 209 389 242 2,312 49
(1) Discretionary Participation Features.
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Dexia / Annual Report 2006