7.6 Quantitative data

Corporate insurance (non-life insurance) 1 January 2016 - 31 December 2016 1 January 2015 - 31 December 2015
Gross written premiums, external 2,136 1,765
Gross written premiums, cross-segment 38 14
Gross written premiums 2,174 1 779
Changes in unearned premiums and unexpired risk reserve, gross (263) (88)
Earned written premiums, gross 1,911 1,691
Reinsurer’s share in gross written premiums (280) (257)
Reinsurers’ share in unearned premiums and unexpired risk reserve, gross 10 43
Net earned premiums 1,641 1,477
Income from investments, including: 115 121
-external operations 115 121
-Operations among segments - -
Other technical income, net of reinsurance 74 49
Income 1,830 1,647
     
Insurance claims and benefits (1,062) (871)
Change in other technical provisions, net (9) (10)
Acquisition costs (361) (288)
Administrative expenses (125) (127)
Reinsurance commissions and shares in reinsurers’ profits 21  16
     
Other (65) (57)
Profit or loss on insurance 229 310
 

Retail customer insurance (non-life insurance) 1 January 2016 - 31 December 2016 1 January 2015 - 31 December 2015
Gross written premiums, external 8,742 7,309
Gross written premiums, cross-segment 91 55
Gross written premiums 8,833 7,364
Changes in unearned premiums and unexpired risk reserve, gross (918) (514)
Earned written premiums, gross 7,915 6,850
Reinsurer’s share in gross written premiums (96) (63)
Reinsurers’ share in unearned premiums and unexpired risk reserve, gross 17 6
Net earned premiums 7,836 6,793
Income from investments, including: 517 518
-external operations 517 518
-Operations among segments - -
Other technical income, net of reinsurance 59 167
Income 8,412 7,478
     
Insurance claims and benefits (5,275) (4,441)
Change in other technical provisions net (21) (27)
Acquisition costs (1,551) (1,383)
Administrative expenses (634) (665)
 Reinsurance commissions and shares in reinsurers’ profits (14)  (14)
     
Other (258) (290)
Profit or loss on insurance 659 658
     

Group insurance and individually continued insurance (life insurance) 1 January 2016 - 31 December 2016 1 January 2015 - 31 December 2015
Gross written premiums, external 6,775 6,689
Gross written premiums, cross-segment - -
Gross written premiums 6,775 6,689
Changes in unearned premiums reserve 2 1
Earned written premiums, gross 6,777 6,690
Reinsurer’s share in gross written premiums (1) 1
Reinsurers’ share in unearned premiums and unexpired risk reserve, gross - -
Net earned premiums 6,776 6,691
Income from investments, including: 680 602
-external operations 680 602
-Operations among segments - -
Other technical income, net of reinsurance 1 1
Income 7,457 7,294
     
Insurance claims and benefits, as well as change in other technical provisions, net (4,686) (4,718)
Acquisition costs (329) (356)
Administrative expenses (585) (577)
     
Other (72) (68)
Profit or loss on insurance 1,785 1,575

Individual insurance (life insurance) 1 January 2016 - 31 December 2016 1 January 2015 - 31 December 2015
Gross written premiums, external 1,174 1,234
Gross written premiums, cross-segment - -
Gross written premiums 1,174 1,234
Changes in unearned premiums reserve - -
Earned written premiums, gross 1,174 1,234
Reinsurer’s share in gross written premiums - -
Reinsurers’ share in unearned premiums and unexpired risk reserve, gross - -
Net earned premiums 1,174 1,234
Income from investments, including: 288 251
-external operations 288 251
-Operations among segments - -
Other technical income, net of reinsurance - -
Income 1,462 1,485
     
Insurance claims and benefits, as well as change in other technical provisions, net (1,043) (1,091)
Acquisition costs (107) (123)
Administrative expenses (59) (60)
     
Other (9) (5)
Profit or loss on insurance 244 206
   

Investments 1 January 2016 - 31 December 2016 1 January 2015 - 31 December 2015
Income from investments, including: 440 2,288
-external operations (570) 506
-operations among segments 1,010 1,782
Operating profit or loss 440 2,288
 

Banking activity 1 January 2016 - 31 December 2016 1 January 2015 – 31 December 2015
Revenue from commissions and fees 590 -
Income from investments, including: 2,195 -
-external operations 2,195 -
-operations among segments - -
Income 2,785 -
     
Costs of commissions and fees (260) -
Interest expense (681) -
Administrative expenses (1,210) -
     
Other 57 -
Operating profit or loss 691 -

Pension insurance 1 January 2016 - 31 December2016 1 January 2015 - 31 December 2015
Income from investments, including: 5 7
-external operations 5 7
-operations among segments - -
Other income 110 119
Income 115 126
     
Administrative expenses (41) (40)
     
Other - (4)
Operating profit or loss   74 82
     

Insurance - the Baltic states 1 January 2016 – 31 December 2016 1 January 2015 – 31 December 2015
Gross written premiums, external 1,183 1,193
Gross written premiums, cross-segment - -
Gross written premiums 1,183 1,193
Changes in unearned premiums and unexpired risk reserve, gross (48) (47)
Earned written premiums, gross 1,135 1,146
Reinsurer’s share in gross written premiums (33) (41)
Reinsurers’ share in unearned premiums and unexpired risk reserve, gross 2 4
Net earned premiums 1,104 1,109
Income from investments, including: 23 22
-external operations 23 22
-operations among segments - -
Income 1,127 1,131
     
Net insurance claims and benefits (694) (687)
Acquisition costs (251) (253)
Administrative expenses (110) (147)
     
Other - -
Profit or loss on insurance 72 44
   

Insurance - Ukraine 1 January 2016 - 31 December 2016 1 January 2015 - 31 December 2015
Gross written premiums, external 210 169
Gross written premiums, cross-segment - -
Gross written premiums 210 169
Changes in unearned premiums and unexpired risk reserve, gross (16) (16)
Earned written premiums, gross 194 153
Reinsurer’s share in gross written premiums (93) (68)
Reinsurers’ share in unearned premiums and unexpired risk reserve, gross 8 18
Net earned premiums 109 103
Income from investments, including: 23 41
-external operations 23 41
-operations among segments - -
Income 132 144
     
Net insurance claims and benefits (54) (74)
Acquisition costs (60) (47)
Administrative expenses (24) (21)
     
Other 21 10
Profit or loss on insurance 15 12
     

Investment contracts 1 January 2016 - 31 December 2016 1 January 2015 - 31 December 2015
Gross written premiums 86 141
Changes in unearned premiums reserve - -
Earned written premiums, gross 86 141
Reinsurer’s share in gross written premiums - -
Reinsurer’s share in unearned premiums reserve - -
Net earned premiums 86 141
Income from investments, including: 18 16
-external operations 18 16
-operations among segments - -
Other income - -
Income 104 157
     
Insurance claims and benefits, as well as change in other technical provisions, net (89) (136)
Acquisition costs (4) (10)
Administrative expenses (9) (9)
     
Other - (1)
Operating profit or loss 2 1
 

Other segments 1 January 2016 - 31 December 2016 1 January 2015 - 31 December 2015
Income from investments, including: 1 (13)
-external operations 1 (13)
-operations among segments - -
Other income 806 592
Income 807 579
     
Costs (843) (613)
     
Other 17 17
Operating profit or loss (19) (17)
   

Agreements 1 January 2016 - 31 December 2016 Net earned premiums Income from investments Net insurance claims and benefits Acquisition costs Administrative expenses Operating profit or loss
Corporate insurance 1,641 115 (1,062) (361) (125) 229
Retail customer insurance 7,836 517 (5,275) (1,551) (634) 659
Group insurance and individually continued insurance 6,776 680 (4,686) (329) (585) 1,785
Individual insurance 1,174 288 (1,043) (107) (59) 244
Investments - 440 - - - 440
Banking activity - 2,195 - - (1,210) 691
Pension insurance - 5 - (4) (41) 74
Insurance - the Baltic states 1,104 23 (694) (251) (110) 72
Insurance - Ukraine 109 23 (54) (60) (24) 15
Investment contracts 86 18 (89) (4) (9) 2
Other segments - 1 - - - (19)
Segments in total 18,726 4,305 (12,903) (2,667) (2,797) 4,192
Presentation of investment contracts (86) (7) 89 - - -
Estimated subrogations and salvages - - 30 - - 30
Equity instruments measurement - 55 - - - 55
Property valuation - 22 - - 1 (19)
Elimination of equalization reserve and prevention fund - - - - - 27
Impairment losses to the Company's Social Benefits Fund and actuarial expenses - - - - (24) (24)
Consolidation adjustments 1) (15) (788) 52 54 (23) (1,227)
Consolidated data 18,625 3,587 2) (12,732) (2,613) (2,843) 3,034
1) Consolidation adjustments result mostly from dividends paid between given segments and from different accounting standards that are applied to reporting given reporting segments (PAS and IFRS) and consolidated data (IFRS).
2) Sum of the following items of the consolidated profit or loss account; "Net investment income", "Net result on realization and impairment losses on investments", "Net change in the fair value of assets and liabilities measured at fair value".

Agreements 1 January 2015 - 31 December 2015 Net earned premiums Income from investments Net insurance claims and benefits Acquisition costs Administrative expenses Operating profit or loss
Corporate insurance 1,477 121 (871) (288) (127) 310
Retail customer insurance 6,793 518 (4,441) (1,383) (665) 658
Group insurance and individually continued insurance 6,691 602 (4,718) (356) (577) 1,575
Individual insurance 1,234 251 (1,091) (123) (60) 206
Investments - 2,288 - - - 2,288
Banking activity - - - - - -
Pension insurance - 7 - (3) (40) 82
Insurance - the Baltic states 1,109 22 (687) (253) (147) 44
Insurance - Ukraine 103 41 (74) (47) (21) 12
Investment contracts 141 16 (136) (10) (9) 1
Other segments - (13) - - - (17)
Segments in total 17,548 3,853 (12,018) (2,463) (1,646) 5,159
Presentation of investment contracts (141) 3 136 - - -
Equity instruments measurement - (10) - - - (10)
Property valuation - (35) - - 2 (30)
Elimination of equalization reserve and prevention fund - - - - - 25
Impairment losses to the Company's Social Benefits Fund and actuarial expenses - - - - (18) (18)
Consolidation adjustments 1) (22) (2 072) 25 87 4 (2 186)
Consolidated data 17,385 1,739 2) (11,857) (2,376) (1,658) 2,940

1) Consolidation adjustments result mostly from dividends paid between given segments and from different accounting standards that are applied to reporting given reporting segments (PAS and IFRS) and consolidated data (IFRS).

2) Sum of the following items of the consolidated profit or loss account; "Net investment income", "Net result on realization and impairment losses on investments", "Net change in the fair value of assets and liabilities measured at fair value".

Geographical division 2016 Poland The Baltic states Ukraine Non-allocated (consolidation eliminations and other) Consolidated value
Gross written premiums, external 18,826 1,183 210 - 20,219
Gross written premiums, cross-segment 105 - - (105) -
Revenue from commissions and fees 808 - - - 808
Net investment income 4,130 13 22 - 4,165
Net result on realization and impairment losses on investments (934) (1) - - (935)
Net change in the fair value of assets and liabilities measured at fair value 345 11 1 - 357
           
Non-current assets other than financial 1) 2,650 276 4 - 2,930
Deferred tax assets 622 - 2 - 624
Assets 124,510 2,021 262 (1,448) 125,345

1) It concerns intangible assets and tangible fixed assets.

Geographical division 2015 (data restated) Poland The Baltic states Ukraine Non-allocated (consolidation eliminations and other) Consolidated value
Gross written premiums, external 16,998 1,193 169 (1) 18,359
Gross written premiums, cross-segment 65 - - (65) -
Revenue from commissions and fees 243 - - - 243
Net investment income 1,512 17 42 - 1,571
Net result on realization and impairment losses on investments (390) 4 (2) 165 (223)
Net change in the fair value of assets and liabilities measured at fair value 389 1 1 - 391
           
Non-current assets other than financial 1) 2,388 302 3 - 2,693
Deferred tax assets 366 - 1 2 369
Assets  104,706 1,826 217 (1,352)  105,397

1) t concerns intangible assets and tangible fixed assets.

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