in EUR | ||||
Triglav Group | Zavarovalnica Triglav | |||
2019 | 2018 | 2019 | 2018 | |
| Net premium income | 1,027,628,825 | 951,762,862 | 573,555,357 | 551,940,868 |
| - gross written premium | 1,184,174,107 | 1,068,394,407 | 702,131,969 | 660,210,432 |
| - ceded written premium | -136,453,097 | -106,624,908 | -119,532,753 | -101,297,110 |
| - change in unearned premium reserve | -20,092,185 | -10,006,637 | -9,043,859 | -6,972,454 |
| Income from investments in subsidiaries and associates | 1,076,327 | 1,021,159 | 3,642,440 | 5,305,545 |
| - profit on equity investments accounted for using the equity method | 515,913 | 1,021,159 | 0 | 0 |
| - other income from investments in subsidiaries and associates | 560,414 | 0 | 3,642,440 | 5,305,545 |
| Income from investments | 186,989,205 | 88,889,077 | 141,512,227 | 61,755,135 |
| - interest income calculated using the effective interest method | 53,137,742 | 55,573,242 | 35,136,849 | 36,890,019 |
| - gains on disposals | 37,568,819 | 23,777,837 | 32,059,434 | 18,521,649 |
| - other income from investments | 96,282,644 | 9,537,998 | 74,315,944 | 6,343,467 |
| Other income from insurance operations | 37,183,512 | 29,837,981 | 29,755,003 | 27,448,384 |
| - fees and commission income | 22,069,255 | 15,806,181 | 19,848,006 | 17,004,132 |
| - other income from insurance operations | 15,114,257 | 14,031,800 | 9,906,997 | 10,444,252 |
| Other income | 39,521,122 | 36,149,533 | 11,355,435 | 12,491,979 |
| Net claims incurred | 684,147,828 | 626,560,398 | 376,760,877 | 359,941,674 |
| - gross claims settled | 716,742,136 | 679,600,218 | 425,204,380 | 421,002,582 |
| - reinsurers’ share | -35,254,541 | -39,988,966 | -31,495,447 | -37,767,613 |
| - changes in claims provisions | -4,906,936 | -19,248,552 | -16,948,056 | -23,293,295 |
| - equalisation scheme expenses for supplementary health insurance | 7,567,169 | 6,197,698 | 0 | 0 |
| Change in other insurance technical provisions (excluding ULI) | 59,308,590 | 39,860,373 | 22,338,141 | 29,499,390 |
| Change in insurance technical provisions for unit-linked insurance contracts | 69,205,056 | -46,889,547 | 57,140,018 | -50,884,979 |
| Expenses for bonuses and discounts | 11,561,258 | 11,417,685 | 9,721,522 | 10,571,287 |
| Operating expenses | 244,452,851 | 233,637,425 | 157,906,165 | 153,008,918 |
| - acquisition costs | 162,566,584 | 159,245,093 | 110,868,380 | 110,230,112 |
| - other operating costs | 81,886,267 | 74,392,332 | 47,037,785 | 42,778,806 |
| Expenses from investments in subsidiaries and associates | 733,344 | 137,092 | 195,478 | 4,759 |
| - loss on investments accounted for using the equity method | 170,640 | 137,092 | 0 | 0 |
| - other expenses from financial assets and liabilities | 562,704 | 0 | 195,478 | 4,759 |
| Expenses from investments | 23,953,572 | 67,118,486 | 18,381,935 | 50,929,727 |
| - loss on impairment of investments | 848,962 | 1,497,483 | 344,175 | 1,248,877 |
| - loss on disposal of investments | 9,767,166 | 13,128,928 | 9,679,511 | 12,566,364 |
| - other expenses from investments | 13,337,444 | 52,492,075 | 8,358,249 | 37,114,486 |
| Other insurance expenses | 43,565,310 | 33,744,135 | 14,950,707 | 11,819,639 |
| Other expenses | 54,533,956 | 44,618,763 | 17,814,012 | 15,594,244 |
| - expenses from financing | 3,098,502 | 1,384,361 | 2,867,130 | 1,507,022 |
| - other expenses | 51,435,454 | 43,234,402 | 14,946,882 | 14,087,222 |
| Profit before tax | 100,937,227 | 97,455,802 | 84,611,607 | 78,457,252 |
| Income tax expense | 17,072,798 | 16,629,557 | 13,997,191 | 12,913,388 |
| NET PROFIT FOR THE PERIOD | 83,864,429 | 80,826,245 | 70,614,416 | 65,543,864 |
| Earnings per share (basic and diluted) | 3.69 | 3.56 | - | - |
| Net profit/loss attributable to the controlling company | 83,690,644 | 80,662,754 | - | - |
| Net profit/loss attributable to the non-controlling interest holders | 173,785 | 163,491 | - | - |