Annual Report 2016

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10 year overview
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Consolidated balance sheet Statement of income Statement of comprehensive income Statement of changes in shareholders’ equity Cash flow statement Notes Auditor's report Responsibility statement
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Consolidated balance sheet as at 31 December 2016

Table as Excel file: 
Assets
in EUR thousand Notes 31.12.2016 31.12.20151
Fixed-income securities – held to maturity 6.1 484,955 1,007,665
Fixed-income securities – loans and receivables 6.1 2,563,594 2,869,865
Fixed-income securities – available for sale 6.1 32,182,173 29,616,448
Fixed-income securities – at fair value through profit or loss 6.1 239,917 108,982
Equity securities – available for sale 6.1 905,307 452,108
Other financial assets – at fair value through profit or loss 6.1 57,665 39,602
Real estate and real estate funds 6.1 1,792,919 1,673,958
Investments in associated companies 6.1 114,633 128,008
Other invested assets 6.1 1,764,678 1,544,533
Short-term investments 6.1 838,987 1,084,739
Cash and cash equivalents 6.1 848,667 820,995
Total investments and cash under own management 41,793,495 39,346,903
Funds withheld 6.2 11,673,259 13,801,845
Contract deposits 6.3 170,505 188,604
Total investments 53,637,259 53,337,352
Reinsurance recoverables on unpaid claims 6.7 1,506,292 1,395,281
Reinsurance recoverables on benefit reserve 6.7 1,189,420 1,367,173
Prepaid reinsurance premium 6.7 134,927 164,023
Reinsurance recoverables on other technical reserves 6.7 12,231 8,687
Deferred acquisition costs 6.4 2,198,089 2,094,671
Accounts receivable 6.4 3,678,030 3,665,937
Goodwill 6.5 64,609 60,244
Deferred tax assets 7.5 408,292 433,500
Other assets 6.6 674,389 680,543
Accrued interest and rent 9,978 7,527
Assets held for sale   15,086 –
Total assets 63,528,602 63,214,938
1 Adjusted pursuant to IAS 8 (cf. section 3.1 of the notes)      
Table as Excel file: 
Liabilities
in EUR thousand Notes 31.12.2016 31.12.2015
Loss and loss adjustment expense reserve 6.7 28,129,418 26,556,388
Benefit reserve 6.7 10,289,854 12,206,699
Unearned premium reserve 6.7 3,340,651 3,159,363
Other technical provisions 6.7 362,390 325,528
Funds withheld 6.8 1,234,073 1,265,035
Contract deposits 6.9 4,298,343 4,682,484
Reinsurance payable 1,216,036 1,390,006
Provisions for pensions 6.10 180,680 150,299
Taxes 7.5 409,023 271,674
Deferred tax liabilities 7.5 1,842,973 1,932,722
Other liabilities 6.11 680,396 698,933
Long-term debt and subordinated capital 6.12 1,804,218 1,798,337
Total liabilities 53,788,055 54,437,468
Shareholders’ equity
Common shares 6.13 120,597 120,597
Nominal value: 120,597 Conditional capital: 60,299 6.13
Additional paid-in capital 724,562 724,562
Common shares and additional paid-in capital 845,159 845,159
Cumulative other comprehensive income
Unrealised gains and losses on investments 904,196 712,001
Cumulative foreign currency translation adjustment 680,082 509,189
Changes from hedging instruments (6,703) (1,217)
Other changes in cumulative other comprehensive income (53,778) (36,571)
Total other comprehensive income 1,523,797 1,183,402
Retained earnings 6,628,274 6,039,783
Equity attributable to shareholders of Hannover Rück SE 8,997,230 8,068,344
Non-controlling interests 6.14 743,317 709,126
Total shareholders’ equity 9,740,547 8,777,470
Total liabilities 63,528,602 63,214,938
Events after the reporting date
Statement of income
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