Erste Bank JPMorgan Merrill Lynch International

Earnings per Share
According to 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 2006.
1.1.-31.12.2006 1.1.-31.12.2005
Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . EUR 260,902,000 EUR 198,737,000
Number of shares . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 105,000,000 105,000,000
before capital increase . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 86,357,600
Capital increase . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 18,642,400
Earnings per share ............................... EUR 2.48 EUR 2.27
Since there were no potential ordinary shares either in 2005 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 Board of Management is
authorized until 23 May 2010 at the latest, to increase the capital stock of the company — in several
tranches if need be — by a nominal amount of EUR 16,982,187.89 by issuing 16,357,600 no-par
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 by the Board of Management with approval of the Supervisory Board. Preferred shares
without voting rights that have equivalent rights to already existing preferred shares may be issued in
this process. The issue prices of ordinary and preferred shares may differ.
By resolution of the Annual General Meeting of 30 May 2006, the following dividend distributions
took place during the reporting period:
Distribution
in EUR
Per share
1.1.-31.12.2006
Total
1.1.-31.12.2006
Ordinary shares. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.66 69,300,000
Proposed Allocation of Profits
WIENER STÄDTISCHE Versicherung AG VIENNA INSURANCE GROUP concluded fiscal year
2006, under Austrian accounting rules, with an unappropriated surplus for the year of EUR
157,888,587.61. The following allocation of profits has been proposed in connection with the Annual
General Meeting: The 105 million shares are to receive a dividend of EUR 0.82 per share. A total of
EUR 86,100,000 is to be distributed. The unappropriated surplus of EUR 71,788,587.61 for the 2006
fiscal year remaining after distribution of dividends is to be carried forward to the next accounting
period.
F-131