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6.6 Quantitative data

Annual Report 2018 > RESULTS 2018 > Supplementary Information and Notes > 6. Segment reporting > 6.6 Quantitative data
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Quantitative data

Corporate insurance (non-life insurance) 1 January 2018 - 31 December 2018 1 January 2017 - 31 December 2017
Gross written premium – external 3,059 2,673
Gross written premium – cross-segment 38 65
Gross written premiums 3,097 2,738
Movement in provision for unearned premiums and gross provision for unexpired risks (322) (361)
Gross earned premium 2,775 2,377
Reinsurers’ share in gross written premium (582) (440)
Reinsurer’s share in the movement in provision for unearned premiums and the gross provision for unexpired risk 133 68
Net earned premiums 2,326 2,005
Investment income, including: 113 85
external operations 113 85
intersegment operations - -
Other net technical income 50 59
Income 2,489 2,149
     
Net insurance claims and benefits (1,591) (1,323)
Movement in other net technical provisions 2 (10)
Acquisition expenses (477) (425)
Administrative expenses (131) (137)
Reinsurance commissions and profit participation 39 27
     
Other (63) (90)
Insurance result 268 191
6.6-tab1.xlsx

Mass insurance (non-life insurance) 1 January 2018 - 31 December 2018 1 January 2017 - 31 December 2017
Gross written premium – external 10,325 10,029
Gross written premium – cross-segment 76 39
Gross written premiums 10,401 10,068
Movement in provision for unearned premiums and gross provision for unexpired risks (106) (465)
Gross earned premium 10,295 9,603
Reinsurers’ share in gross written premium (113) (114)
Reinsurer’s share in the movement in provision for unearned premiums and the gross provision for unexpired risk (14) 24
Net earned premiums 10,168 9,513
Investment income, including: 526 482
external operations 526 482
intersegment operations - -
Other net technical income 114 148
Income 10,808 10,143
     
Net insurance claims and benefits (6,171) (6,069)
Movement in other net technical provisions (44) (44)
Acquisition expenses (1,890) (1,745)
Administrative expenses (594) (608)
Reinsurance commissions and profit participation (6) (9)
     
Other (378) (341)
Insurance result 1,725 1,327
6.6-tab2.xlsx

Group and individually continued insurance (life insurance) 1 January 2018 - 31 December 2018 1 January 2017 - 31 December 2017
Gross written premium – external 6,891 6,855
Gross written premium – cross-segment - -
Gross written premiums 6,891 6,855
Movement in the provision for unearned premiums - -
Gross earned premium 6,891 6,855
Reinsurers’ share in gross written premium (1) (1)
Reinsurer’s share in the movement in provision for unearned premiums and the gross provision for unexpired risk - -
Net earned premiums 6,890 6,854
Investment income, including: 581 720
external operations 581 720
intersegment operations - -
Other net technical income 2 2
Income 7,473 7,576
     
Net insurance claims and benefits and movement in other net technical provisions (4,931) (5,142)
Acquisition expenses (349) (332)
Administrative expenses (604) (587)
     
Other (46) (65)
Insurance result 1,543 1,450
6.6-tab3.xlsx

Individual insurance (life insurance) 1 January 2018 - 31 December 2018 1 January 2017 - 31 December 2017
Gross written premium – external 1,346 1,664
Gross written premium – cross-segment - -
Gross written premiums 1,346 1,664
Movement in the provision for unearned premiums (2) (2)
Gross earned premium 1,344 1,662
Reinsurers’ share in gross written premium - -
Reinsurer’s share in the movement in provision for unearned premiums and the gross provision for unexpired risk - -
Net earned premiums 1,344 1,662
Investment income, including: 59 419
external operations 59 419
intersegment operations - -
Other net technical income - -
Income 1,403 2,081
     
Net insurance claims and benefits and movement in other net technical provisions (976) (1,672)
Acquisition expenses (126) (135)
Administrative expenses (69) (61)
     
Other (5) (4)
Insurance result 227 209
6.6-tab4.xlsx

Investments 1 January 2018 - 31 December 2018 1 January 2017 - 31 December 2017
Investment income, including: 1,388 1,696
- external operations (447) 111
- intersegment operations 1,835 1,585
Operating result 1,388 1,696
6.6-tab5.xlsx

Banking activity 1 January 2018 - 31 December 2018 1 January 2017 - 31 December 2017 (restated)
Revenue from commissions and fees 3,133 2,122
Investment income, including: 9,596 6,475
- external operations 9,596 6,475
- intersegment operations - -
Income 12,729 8,597
     
Fee and commission expenses (753) (539)
Interest expenses (1,904) (1,249)
Administrative expenses (4,989) (3,743)
     
Other (1,047) (627)
Operating result 4,036 2,439
6.6-tab6.xlsx

Pension insurance 1 January 2018 - 31 December 2018 1 January 2017 - 31 December 2017
Investment income, including: 5 6
external operations 5 6
intersegment operations - -
Other income 149 128
Income 154 134
     
Administrative expenses (40) (44)
     
Other (7) (3)
Operating result 107 87
6.6-tab7.xlsx

Insurance - Baltic States 1 January 2018 - 31 December 2018 1 January 2017 - 31 December 2017
Gross written premium – external 1,592 1,404
Gross written premium – cross-segment - -
Gross written premiums 1,592 1,404
Movement in provision for unearned premiums and gross provision for unexpired risks (62) (117)
Gross earned premium 1,530 1,287
Reinsurers’ share in gross written premium (48) (42)
Reinsurer’s share in the movement in provision for unearned premiums and the gross provision for unexpired risk (2) 3
Net earned premiums 1,480 1,248
Investment income, including: 2 20
external operations 2 20
intersegment operations - -
Income 1,482 1,268
     
Net insurance claims and benefits paid (905) (773)
Acquisition expenses (317) (275)
Administrative expenses (125) (111)
     
Other 3 -
Insurance result 138 109
6.6-tab8.xlsx

Insurance – Ukraine 1 January 2018 - 31 December 2018 1 January 2017 - 31 December 2017
Gross written premium – external 257 223
Gross written premium – cross-segment - -
Gross written premiums 257 223
Movement in provision for unearned premiums and gross provision for unexpired risks (12) (20)
Gross earned premium 245 203
Reinsurers’ share in gross written premium (96) (88)
Reinsurer’s share in the movement in provision for unearned premiums and the gross provision for unexpired risk 3 8
Net earned premiums 152 123
Investment income, including: 19 18
external operations 19 18
intersegment operations - -
Income 171 141
     
Net insurance claims and benefits paid (59) (56)
Acquisition expenses (82) (69)
Administrative expenses (25) (23)
     
Other 18 18
Insurance result 23 11
6.6-tab9.xlsx

Investment contracts 1 January 2018 - 31 December 2018 1 January 2017 - 31 December 2017
Gross written premium 40 44
Movement in the provision for unearned premiums - -
Gross earned premium 40 44
Reinsurers’ share in gross written premium - -
Reinsurer’s share in the movement in the provision for unearned premiums - -
Net earned premiums 40 44
Investment income, including: (14) 18
external operations (14) 18
intersegment operations - -
Other income - -
Income 26 62
     
Net insurance claims and benefits and movement in other net technical provisions (15) (50)
Acquisition expenses (1) (1)
Administrative expenses (5) (7)
     
Other (2) -
Operating result 3 4
6.6-tab10.xlsx

Other segments 1 January 2018 - 31 December 2018 1 January 2017 - 31 December 2017
Investment income, including: 6 5
- external operations 6 5
- intersegment operations - -
Other income 1,004 946
Income 1,010 951
     
Expenses (1,081) (1,038)
     
Other 33 33
Operating result (38) (54)
6.6-tab11.xlsx

Reconciliations 1 January 2018 – 31 December 2018 Net earned premiums Investment income Net insurance claims and benefits Acquisition expenses Administrative expenses   Operating result
Corporate insurance 2,326 113 (1,591) (477) (131) 268
Mass insurance 10,168 526 (6,171) (1,890) (594) 1,725
Group and individually continued insurance 6,890 581 (4,931) (349) (604) 1,543
Individual insurance 1,344 59 (976) (126) (69) 227
Investments - 1,388 - - - 1,388
Banking activity - 9,596 - - (4,989) 4,036
Pension insurance - 5 - (6) (40) 107
Insurance - Baltic States 1,480 2 (905) (317) (125) 138
Insurance – Ukraine 152 19 (59) (82) (25) 23
Investment contracts 40 (14) (15) (1) (5) 3
Other segments - 6 - - - (38)
Total segments 22,400 12,281 (14,648) (3,248) (6,582) 9,420
Presentation of investment contracts (40) 20 15 - - -
Estimated salvage and subrogation - - (5) - - (5)
Valuation of equity instruments - 55 - - - 55
Measurement of properties - (27) - - (5) (45)
Elimination of the equalization provision and prevention fund - - - - - 24
Allowances to the Company Social Benefit Fund and actuarial costs - - - - (5) (5)
Consolidation adjustments 1) (10) (1,699) 75 118 (17) (2,357)
Consolidated data 22,350 10,630 2) (14,563) (3,130) (6,609) 7,087

1) Consolidation adjustments ensue chiefly from the dividends paid between the various segments and the various accounting standards in which the specific reporting segments are reported (PAS and IFRS) and consolidated data (IFRS).
2) The sum of the following line items in the consolidated profit and loss account: “Net investment income”, “Net result on realization of financial instruments and investments”, “Movement in allowances for expected credit losses and impairment losses on financial instruments” and “Net movement in fair value of assets and liabilities measured at fair value”.

6.6-tab12.xlsx

Reconciliations 1 January 2017 – 31 December 2017 (restated) Net earned premiums Investment income Net insurance claims and benefits Acquisition expenses Administrative expenses   Operating result
Corporate insurance 2,005 85 (1,323) (425) (137) 191
Mass insurance 9,513 482 (6,069) (1,745) (608) 1,327
Group and individually continued insurance 6,854 720 (5,142) (332) (587) 1,450
Individual insurance 1,662 419 (1,672) (135) (61) 209
Investments - 1,696 - - - 1,696
Banking activity - 6,475 - - (3,743) 2,439
Pension insurance - 6 - (4) (44) 87
Insurance - Baltic States 1,248 20 (773) (275) (111) 109
Insurance – Ukraine 123 18 (56) (69) (23) 11
Investment contracts 44 18 (50) (1) (7) 4
Other segments - 5 - - - (54)
Total segments 21,449 9,944 (15,085) (2,986) (5,321) 7,469
Presentation of investment contracts (44) (10) 50 - - -
Estimated salvage and subrogation - - 23 - - 23
Valuation of equity instruments - (12) - - - (12)
Measurement of properties - (7) - - (1) (10)
Elimination of the equalization provision and prevention fund - - 55 - - 60
Allowances to the Company Social Benefit Fund and actuarial costs - - - - (20) (20)
Consolidation adjustments 1) (51) (1,444) 16 85 (15) (2,052)
Consolidated data 21,354 8,471 2) (14,941) (2,901) (5,357) 5,458

1) Consolidation adjustments ensue chiefly from the dividends paid between the various segments and the various accounting standards in which the specific reporting segments are reported (PAS and IFRS) and consolidated data (IFRS).
2) The sum of the following line items in the consolidated profit and loss account: “Net investment income”, “Net result on realization of financial instruments and investments”, “Movement in allowances for expected credit losses and impairment losses on financial instruments” and “Net movement in fair value of assets and liabilities measured at fair value”.

6.6-tab13.xlsx

Geographic breakdown 2018   Poland   Baltic States   Ukraine Not allocated (consolidation eliminations and other)   Consolidated value
Gross written premium – external 21,621 1,592 257 - 23,470
Gross written premium – cross-segment 94 - - (94) -
Revenue from commissions and fees 3,374 - - - 3,374
Investment income 1) 10,609 2 19 - 10,630
           
Non-current assets, other than financial assets 2) 6,122 238 4 - 6,364
Deferred tax assets 2,231 - 3 - 2,234
Assets 326,874 2,704 409 (1,433) 328,554

1) The sum of the following line items in the consolidated profit and loss account: “Net investment income”, “Net result on realization of financial instruments and investments”, “Movement in allowances for expected credit losses and impairment losses on financial instruments” and “Net movement in fair value of assets and liabilities measured at fair value”.
2) Applies to intangible assets and property, plant and equipment.

6.6-tab14.xlsx

Geographic breakdown 2017   Poland   Baltic States   Ukraine Not allocated (consolidation eliminations and other)   Consolidated value
Gross written premium – external 21,220 1,404 223 - 22,847
Gross written premium – cross-segment 53 - - (53) -
Revenue from commissions and fees 2,319 - - - 2,319
Investment income 1) 8,433 20 18 - 8,471
           
Non-current assets, other than financial assets 2) 6,486 240 4 - 6,730
Deferred tax assets 1,588 - 2 - 1,590
Assets 316,388 2,190 267 (1,387) 317,458

1) The sum of the following line items in the consolidated profit and loss account: “Net investment income”, “Net result on realization of financial instruments and investments”, “Movement in allowances for expected credit losses and impairment losses on financial instruments” and “Net movement in fair value of assets and liabilities measured at fair value”.
2) Applies to intangible assets and property, plant and equipment.

6.6-tab15.xlsx

   

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