01 Gothaer Konzern_E_09_Umschl - Gothaer Allgemeine ...
01 Gothaer Konzern_E_09_Umschl - Gothaer Allgemeine ...
01 Gothaer Konzern_E_09_Umschl - Gothaer Allgemeine ...
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Investments held<br />
to maturity<br />
Consolidated Financial Statements<br />
Breakdown by residual term €million<br />
Amortized cost Fair value<br />
<strong>Gothaer</strong> Group Annual Report 20<strong>09</strong> 137<br />
20<strong>09</strong><br />
2008 20<strong>09</strong> 2008<br />
Up to 1 year 80.8 49.0 80.0 30.5<br />
1 to 2 years 239.9 97.1 245.2 87.9<br />
2 to 3 years 146.3 286.5 143.9 261.4<br />
3 to 4 years 388.6 148.1 387.3 136.3<br />
4 to 5 years 250.5 394.8 242.9 368.8<br />
5 to 10 years 1,038.4 1,428.0 986.3 1,210.7<br />
After 10 years 136.2 399.2 114.2 292.3<br />
Total 2,280.7 2,802.7 2,199.8 2,387.9<br />
Breakdown by rating category €million<br />
Amortized cost Fair value<br />
20<strong>09</strong><br />
2008 20<strong>09</strong> 2008<br />
AAA 0.0 67.9 0.0 67.6<br />
AA 153.4 214.5 143.9 198.3<br />
A 1,149.7 1,366.3 1,143.9 1,237.5<br />
BBB 748.9 1,039.9 7<strong>09</strong>.2 812.2<br />
BB 215.5 111.4 189.9 70.6<br />
B 7.2 0.0 6.9 0.0<br />
CCC and lower 5.1 0.0 5.1 0.0<br />
Non-rated 0.9 2.6 0.9 1.7<br />
Total 2,280.7 2,802.7 2,199.8 2,387.9<br />
Impairment €million<br />
20<strong>09</strong> 2008<br />
Amortized cost before impairment 199.3 245.7<br />
Impairment<br />
Due to significant change in creditworthiness 0.9 6.9<br />
Due to significant decrease in fair value 18.9 9.2<br />
Amortized cost after impairment 179.5 229.6
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