Annual Accounts and Report as at 30 June 2011 Draft - Mediobanca

OTHERS (IAS/IFRS)TABLE B (cont.)PROFIT AND LOSS ACCOUNT (technical account)COMPASS RE S.A.(€ 000)1) Net premium income 9,4882) Fee and commission income —3) Income less expense from financial instruments recognized at fair valuein the profit and loss account—4) Income from other financial instruments and property investments —5) Other revenues 180A. TOTAL INCOME AND REVENUES 9,6681) Net expense in respect of claims (2,659)2) Fee and commission expense —3) Expenses in connection with other financial instruments and propertyinvestments —4) Operating expenses (281)5) Other costs (1,994)B. TOTAL COSTS AND EXPENSES (4,934)C. PROFIT (LOSS) FOR THE PERIOD BEFORE TAXAND COMPENSATION RESERVE 4,734D. Transfers to compensation reserve (4,677)E. Taxation for the period (57)F. NET PROFIT (LOSS) FOR THE PERIOD —– 463