Access America 2004 Annual Report Download - page 23

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21
Financial Statements
Consolidated Balance Sheet of Mondial Assistance Group on December 31st, 2004
in thousand EUR 2004 2003
ASSETS
Outstanding contribution on capital 245 296
Goodwill 14 851 18 652
Other intangible assets 17 142 13 923
Intangible Assets 32 238 32 871
Land and buildings 7 914 10 495
Other tangible assets 38 061 41 678
Tangible Assets 45 975 52 173
Shares 20 18 405
Fixed-interest securities 400 685 343 374
Other Investments 60 247 49 896
Securities - available for sale 460 952 411 675
Participations 2 722 2 756
Mortgages 121 120
Loans 3 411 4 014
Mortgages and Loans 3 532 4 134
Investments 467 206 418 565
Accounts receivable - direct business 70 036 72 518
Accounts receivable - indirect business 38 458 39 064
Accounts receivable from associated companies - current accounts 5 348 5 502
Other accounts receivable 115 049 111 550
Accounts Receivable 228 891 228 634
Deferred acquisition costs 20 286 19 689
Cash and Cash equivalents 135 859 173 183
Reinsurance deposit 20 983 18 867
Other deposits 1 677 2 068
Other Assets 22 660 20 935
Accrued interest 7 307 6 028
Other (prepayments and accrued income) 23 422 18 123
Accruals & prepayments 30 729 24 151
Deferred taxes - assets 22 802 23 608
Total Assets 1 006 646 993 809
SHAREHOLDERS’ EQUITY AND LIABILITIES 2004 2003
Share capital 25 509 25 509
Additional paid in capital 30 633 30 633
Other reserves 189 864 194 147
Retained earnings (1 094) (2 254)
Net profit for the financial year 23 121 15 618
Shareholders’ equity 268 033 263 653
Minority interest in shareholders’s equity 4 243 3 863
Unearned premium reserves 295 369 265 085
Claim reserves 126 259 111 213
Other technical provisions 35 647 34 553
Technical provisions 457 275 410 851
Personnel provisions and similar liabilities 27 671 26 140
Provision for income taxes 15 660 17 740
Other non-technical provisions 11 955 12 193
Non-technical provisions 55 286 56 073
Deposits received from reinsurers 2 163 2 274
Loans 7 228 11 047
Liabilities - direct business 9 554 8 272
Liabilities - indirect business 6 435 11 127
Liabilities to associated companies - current accounts 1 829 2 577
Other liabilities 147 318 179 689
Deferred income and deferred service income 25 765 20 504
Other liabilities 200 292 235 490
Deferred taxes - liabilities 21 517 23 879
Total liabilities 738 613 730 156
Total shareholders’ equity and liabilities 1 006 646 993 809