Access America 2003 Annual Report Download - page 23

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Financial
Statements
Consolidated Balance Sheet of Mondial Assistance Group
on December 31st, 2003
SHAREHOLDERS’ EQUITY AND LIABILITIES
Share capital 25 509 25 509
Additional paid in capital 30 633 30 633
Other reserves 194 147 174 949
Retained earnings (2 254) 6 234
Net profit for the financial year 15 618 17 055
Shareholders’ equity 263 653 254 380
Minority interest in shareholders’ equity 3 863 12 673
Unearned premium reserves 265 085 254 705
Claim reserves 111 213 106 169
Other technical provisions 34 553 22 253
Technical provisions 410 851 383 127
Personnel provisions and similar 26 140 18 817
Provision for income taxes 17 740 13 764
Other non-technical provisions 12 193 13 311
Non-technical provisions 56 073 45 892
Deposits received from reinsurers 2 274 403
Loans 11 047 17 691
Liabilities - direct business 8 272 6 387
Liabilities - indirect business 11 127 9 328
Liabilities to associated companies - current accounts 2 577 10 484
Other liabilities 179 689 167 775
Deferred income and deferred service income 20 504 29 220
Other liabilities 235 490 241 288
Deferred taxes - liabilities 23 879 17 328
Total liabilities 730 156 700 308
Total shareholders’ equity and liabilities 993 809 954 688
in thousand EUR 2003 2002
ASSETS
Outstanding contribution on capital 296 296
Goodwill 18 652 25 849
Other intangible assets 13 923 16 318
Intangible Assets 32 871 42 463
Land and buildings 10 495 15 702
Other tangible assets 41 678 41 331
Tangible Assets 52 173 57 033
Shares 18 405 52 180
Fixed-interest securities 343 374 344 499
Other Investments 49 896 6 517
Securities - available for sale 411 675 403 196
Participations 2 756 236
Mortgages 120 134
Loans 4 014 3 401
Mortgages and Loans 4 134 3 535
Investments 418 565 406 967
Accounts receivable - direct business 72 518 70 956
Accounts receivable - indirect business 39 064 28 300
Accounts receivable from associated companies - current accounts 5 502 4 268
Other accounts receivable 111 550 136 537
Accounts Receivable 228 634 240 061
Deferred acquisition costs 19 689 19 054
Cash and Cash equivalents 173 183 122 136
Reinsurance deposit 18 867 17 960
Other deposits 2 068 5 342
Other Assets 20 935 23 302
Accrued interest 6 028 6 460
Other (prepayments and accrued income) 18 123 16 444
Accruals & prepayments 24 151 22 904
Deferred taxes - assets 23 608 20 768
Total Assets 993 809 954 688