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GENERAL MEETING DRAFT - Bankier.pl

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305<br />

>> Consolidated Financial Statements<br />

Part C – Consolidated Income Statement<br />

10.3 Claims settled during the year: breakdown (� '000)<br />

Claims Expense 2009 2008<br />

Life business: expense relating to claims, net of reinsurers' portions<br />

A. Amounts paid out (23,454) (22,811)<br />

A.1 Gross annual amount (23,933) (23,345)<br />

A.2 (-) Amount attributable to reinsurers 479 534<br />

B. Change in provisions for amounts payable (260) (870)<br />

B.1 Gross annual amount (453) (1,081)<br />

B.2 (-) Amount attributable to reinsurers 193 211<br />

Total life business claims<br />

Non-life business: expense relating to claims, net of amounts recovered<br />

from reinsurers<br />

(23,714) (23,681)<br />

C. Claims paid (67,388) (67,721)<br />

C.1 Gross annual amount (79,068) (81,851)<br />

C.2 (-) Amount attributable to reinsurers 11,680 14,130<br />

D. Change in recoveries net of reinsurers' portion - -<br />

E. Change in claims reserve (2,064) (1,405)<br />

E.1 Gross annual amount (2,931) (2,455)<br />

E.2 (-) Amount attributable to reinsurers 867 1,050<br />

Total non-life business claims (69,452) (69,126)<br />

Total claims of the year (93,166) (92,807)<br />

10.4 "Other income and expense from insurance activities" : breakdown (� '000)<br />

Other incomes<br />

2009<br />

Other expenses Total<br />

10.4.1 Life business 10,393 (1,525) 8,868<br />

10.4.2 Property business 67 (2,346) (2,279)<br />

Total 10,460 (3,871) 6,589<br />

��� ������ �� ��� ��������� ��������<br />

The net result of the insurance business, attributable to two Koç sub-group subsidiaries (Yapi Kredi<br />

Sigorta AS and Yapi Kredi Emeklilik AS) and made up of items “150 – Premiums earned” and “160 –<br />

Other income from insurance activities”, was �7m as against �26m in 2008.<br />

Netresultoftheinsurancebusiness (� '000)<br />

Items 2009 2008<br />

Item 150 - Net Premiums 87,352 111,745<br />

Item 160 - Other income from insurance business (80,025) (86,187)<br />

Total 7,327 25,558

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