Key figures at a glance

 

 

2017

2016

2015

2014

Rounding differences may occur when rounded amounts or percentages are added.

1

Incl. unit-linked and index-linked life insurance investments and excl. cash and cash equivalents

2

RoE is the ratio of the Group result before taxes to VIG total average shareholders’ equity.

3

Proposed dividend

Income statement

 

 

 

 

 

Premiums written

EUR millions

9,386.0

9,051.0

9,019.8

9,145.7

Net earned premiums – retention

EUR millions

8,509.6

8,191.3

8,180.5

8,353.7

Financial result

EUR millions

924.3

958.8

1,040.2

1,076.5

Expenses for claims and insurance benefits

EUR millions

-6,872.6

-6,753.4

-6,748.9

-6,919.9

Acquisition and administrative expenses

EUR millions

-2,040.3

-1,907.8

-1,847.6

-1,874.8

Result before taxes

EUR millions

442.5

406.7

47.1

478.0

Net result for the period after taxes and non-controlling interest

EUR millions

297.6

287.8

-20.6

330.4

Combined Ratio

%

96.7

97.3

97.3

96.7

Claims ratio

%

66.3

66.9

66.7

65.8

Cost ratio

%

30.4

30.4

30.6

30.9

Balance sheet

 

 

 

 

 

Investments1

EUR millions

44,994.0

43,195.8

38,286.1

38,002.2

Shareholders’ equity (including non-controlling interests)

EUR millions

6,043.9

5,711.3

4,414.5

4,796.3

Underwriting provisions

EUR millions

38,780.9

37,350.0

35,921.7

35,282.4

Total assets

EUR millions

51,714.0

50,008.1

44,489.7

43,923.1

Return on Equity (RoE)2

%

8.3

8.9

1.1

11.1

Share

 

 

 

 

 

Number of shares

Piece

128,000,000

128,000,000

128,000,000

128,000,000

Market capitalisation

EUR millions

3,297.9

2,726.4

3,237.1

4,746.2

Average number of shares traded by day

Piece

~ 104,000

~ 161,000

~ 147,000

~ 65,000

Average daily stock exchange trading volume (single counting)

EUR millions

3.0

3.9

6.8

3.1

Year-end price

EUR

25.765

21.300

25.290

37.080

High

EUR

26.520

24.790

42.620

40.070

Low

EUR

21.590

16.095

24.910

33.800

Share performance for the year (excluding dividends)

%

20.96

-15.80

-31.80

2.36

Dividend per share

EUR

0.903

0.80

0.60

1.40

Dividend yield

%

3.49

3.76

2.37

3.78

Earnings per share

EUR

2.23

2.16

-0.27

2.46

Price-earnings ratio as of 31 December

 

11.55

9.86

-93.67

15.07

Employees

 

 

 

 

 

Number of employees (average for the year)

 

25,059

24,601

22,995

23,360

CHANGE IN PROFIT

Change in profit (bar chart)

CHANGE IN THE COMBINED RATIO

Change in the combined ratio (bar chart)
VIG by segments in the year 2017

Country

Premium volume

Result before taxes

Combined Ratio

Employees

 

in EUR ‘000

in EUR ‘000

in %

Number

1

Remaining CEE: Albania incl. Kosovo, Bosnia-Herzegovina, Croatia, Macedonia, Moldova, Serbia, Ukraine

2

Other Markets: Germany, Liechtenstein

Austria

3,848,496

175,349

95.5

5,141

Czech Republic

1,603,246

149,345

97.5

4,895

Slovakia

810,049

55,708

95.4

1,752

Poland

886,646

35,502

93.9

1,576

Romania

506,544

6,178

98.6

1,954

Baltic states

327,607

1,394

99.0

1,285

Hungary

246,741

2,112

98.9

468

Bulgaria

150,106

6,916

97.1

867

Turkey/Georgia

207,784

9,352

96.1

1,081

Remaining CEE1

351,997

-5,954

100.1

4,741

Other Markets2

292,611

23,690

81.3

130

DIVIDEND PER SHARE

Dividend per share (bar chart)

DIVIDEND PER SHARE

Premiums by line of business (ring chart)

Values for 2016 in parentheses