Erste Bank JPMorgan Merrill Lynch International

13. CONSOLIDATED SHAREHOLDERS’ EQUITY
Minority Interests
in EUR ’000
31.12.2007 31.12.2006
Unrealised gains and losses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . �3,065 2,955
Share of result for the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18,464 12,723
Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 262,059 55,121
Total ........................................................ 277,458 70,799
Earnings per Share
Under IAS 33.10, basic earnings per share “shall be calculated by dividing profit or loss
attributable to ordinary equity holders of the parent entity (the numerator) by the weighted average
number of ordinary shares outstanding (the denominator) during the period”. The number of ordinary
shares outstanding was 105,000,000 for all of 2007.
Earnings per Share 2007 2006
Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . EUR 312,618,000 EUR 260,902,000
Number of shares . . . . . . . . . . . . . . . . . . . . . . . . . . . 105,000,000 105,000,000
Earnings per share. ......................... EUR 2.98 EUR 2.48
Since there were no potential ordinary shares with dilutive effects either in 2006 or in the current
reporting period, the basic earnings per share correspond to the diluted earnings per share.
Consolidated shareholders’ equity
The share capital of WIENER STÄDTISCHE Versicherung AG VIENNA INSURANCE GROUP is
equal to EUR 109,009,251.26. It is divided into 105,000,000 no-par value ordinary bearer shares with
voting rights, each share representing an equal portion of share capital. The Management Board
authorized, until 23 May 2010 at the latest, to increase the capital stock of the company — in several
tranches if need be — by a par value of EUR 16,982,187.89 through the issuance of 16,357,600 nopar
value ordinary bearer or registered shares against cash contributions or contributions in kind. The
content of the share rights as well as the other terms and conditions of the share issue shall be
decided upon by the Management Board, with the approval of the Supervisory Board. Preference
shares without voting rights may also be issued as part of this process, with rights equivalent to those
of existing preference shares. The issue prices of ordinary and preference shares may differ.
By resolution of the General Shareholders’ Meeting of 25 May 2007, the following dividend
distributions took place during the reporting period:
Distribution
in EUR
Per share
2007
Ordinary shares . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.82 86,100,000
Proposed Allocation of Profits
WIENER STÄDTISCHE Versicherung AG VIENNA INSURANCE GROUP concluded fiscal
year 2007, under Austrian accounting rules, with an unappropriated surplus for the year of
EUR 196,255,109.16. The following allocation of profits has been proposed in connection with the
ordinary General Shareholders’ Meeting: The 105 million shares are to receive a dividend of EUR 1.10
per share. A total of EUR 115,500,000 is to be distributed. The unappropriated surplus of
EUR 80,755,109.16 for the 2007 fiscal year remaining after distribution of dividends is to be carried
forward to the next accounting period.
F-50
Total
2007