Erste Bank JPMorgan Merrill Lynch International

The table below sets forth key financial data of Erste Sparkasse Biztosító Zrt. for the periods
presented. These data are based on the unaudited IFRS reporting package of Erste Sparkasse
Biztosító Zrt. used for the audited consolidated financial statements of Erste Bank AG:
Fiscal year
ended
December 31,
2007 2006
(unaudited)
(in EUR million)
Gross premiums written life . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36.0 24.9
Total gross premiums written . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36.0 24.9
Net earned premiums . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35.5 24.6
Net investment income. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.5 0.4
Profit before taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.9 0.1
Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.5 -0.1
Total assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 61.0 41.3
Underwriting provisions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 52.9 34.8
Slovakia
In Slovakia, S-Versicherung Group operates its life insurance business through Poist’ovňa
Slovenskej sporitel’ne, a.s., which was founded in 2003. S-Versicherung holds a 33.3% interest in the
company and Erste Bank AG directly and indirectly holds an additional 66.7% interest. As of
December 31, 2007, Poist’ovňa Slovenskej sporitel’ne had 45.5 employees (FTE).
Poist’ovňa Slovenskej sporitel’ne, a.s. achieved gross premiums written of EUR 24.8 million in
2007. Based on these premiums it ranked eighth in the Slovakian life insurance market in 2007
(Source: Internal analysis based on preliminary data 2007 of the Slovenská associácia poist’ovní
(SLASPO)).
The table below sets forth key financial data of Poist’ovňa Slovenskej sporitel’ne, a.s. for the
periods presented. These data are based on the unaudited IFRS reporting package of Poist’ovňa
Slovenskej sporitel’ne used for the audited consolidated financial statements of Erste Bank AG:
Fiscal year ended
December 31,
2007 2006
(unaudited)
(in EUR million)
Gross premiums written life . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24.8 32.4
Total gross premiums written . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24.8 32.4
Net earned premiums. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24.6 32.3
Net investment income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5.2 4.1
Profit before taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3.6 2.3
Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.9 2.2
Total assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 136.0 110.0
Underwriting provisions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 121.3 99.6
Croatia
In Croatia, S-Versicherung’s subsidiary, Erste Sparkassen osiguranje d.d. za zˇivotno osiguranje,
started operations in July 2005. As of December 31, 2007, Erste Sparkassen osiguranje had 23 own
employees (FTE).
Erste Sparkassen osiguranje is a pure life insurance company and achieved gross premiums
written of EUR 8.9 million in 2007. Based on these premiums it ranked 11 th in the Croatian life
insurance business in 2007 (Source: Internal analysis based on preliminary data 2007 of the Hrvatska
Agencija za Nadzor Financijkih Usluga (HANFA)).
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