The table below shows the components of Reinsurance and other receivables as at 31 December.
 Download XLS |
|
|
|
|
General (incl. |
|
|
|
Banking |
Insurance |
eliminations) |
Total |
|
31 December 2007 |
|
|
|
|
|
Reinsurers' share in liabilities arising from insurance and investment contracts |
|
956 |
|
956 |
|
Receivables from policyholders |
|
779 |
|
779 |
|
Fees and commissions receivable |
238 |
38 |
(7) |
269 |
|
Operating lease receivables |
2 |
5 |
|
7 |
|
Receivables from intermediaries |
2 |
417 |
|
419 |
|
Reinsurance receivables |
2 |
310 |
|
312 |
|
Factoring receivables |
1,959 |
|
|
1,959 |
|
Receivables related to securities transactions with banks |
111 |
14 |
(1) |
124 |
|
Receivables related to securities transactions with customers |
1,457 |
|
|
1,457 |
|
Other |
2,784 |
709 |
2 |
3,495 |
|
Total gross |
6,555 |
3,228 |
(6) |
9,777 |
|
(9) |
(50) |
|
(59) | |
|
Net total |
6,546 |
3,178 |
(6) |
9,718 |
|
|
|
|
|
|
|
31 December 2006 |
|
|
|
|
|
Reinsurers' share in liabilities arising from insurance and investment contracts |
|
1,003 |
|
1,003 |
|
Receivables from policyholders |
|
788 |
|
788 |
|
Fees and commissions receivable |
156 |
28 |
(6) |
178 |
|
Operating lease receivables |
9 |
2 |
|
11 |
|
Receivables from intermediaries |
19 |
442 |
|
461 |
|
Reinsurance receivables |
8 |
287 |
|
295 |
|
Factoring receivables |
1,811 |
|
|
1,811 |
|
Receivables related to securities transactions with banks |
428 |
15 |
|
443 |
|
Receivables related to securities transactions with customers |
1,421 |
|
|
1,421 |
|
Other |
2,275 |
599 |
(10) |
2,864 |
|
Total gross |
6,127 |
3,164 |
(16) |
9,275 |
|
Impairments |
(22) |
(66) |
|
(88) |
|
Net total |
6,105 |
3,098 |
(16) |
9,187 |
|
|
|
|
|
|
|
31 December 2005 |
|
|
|
|
|
Reinsurers' share in liabilities arising from insurance and investment contracts |
|
1,167 |
|
1,167 |
|
Receivables from policyholders |
1 |
695 |
|
696 |
|
Fees and commissions receivable |
130 |
31 |
(10) |
151 |
|
Operating lease receivables |
4 |
4 |
|
8 |
|
Receivables from intermediaries |
7 |
439 |
|
446 |
|
Reinsurance receivables |
|
238 |
|
238 |
|
Factoring receivables |
1,633 |
|
|
1,633 |
|
Receivables related to securities transactions with banks |
193 |
5 |
|
198 |
|
Receivables related to securities transactions with customers |
1,261 |
|
|
1,261 |
|
Other |
3,811 |
739 |
(695) |
3,855 |
|
Total gross |
7,040 |
3,318 |
(705) |
9,653 |
|
Impairments |
(30) |
(66) |
|
(96) |
|
Net total |
7,010 |
3,252 |
(705) |
9,557 |
Other receivables include receivables related to VAT and other indirect taxes as well as transitory balances related to clearing activities.
Changes in impairments of Reinsurance and other receivables
The following table shows the Changes in the impairments of Reinsurance and other receivables.
| Download XLS |
|
|
2007 |
2006 |
|
|
|
|
|
Balance as at 1 January |
88 |
96 |
|
Acquisitions/divestments of subsidiaries |
1 |
9 |
|
Increase in impairments |
11 |
12 |
|
Release of impairments |
(9) |
(7) |
|
Write-offs of uncollectible amounts |
(7) |
(19) |
|
Foreign exchange differences and other adjustments |
(25) |
(3) |
|
Balance as at 31 December |
59 |
88 |
Changes in the Reinsurer’ share in liabilities arising from insurance and investment contracts
The Changes in the Reinsurer’ share in liabilities arising from insurance and investment contracts are shown below.
| Download XLS |
|
|
2007 |
2006 |
|
|
|
|
|
Balance as at 1 January |
1,003 |
1,167 |
|
Acquisitions/divestments of subsidiaries |
1 |
2 |
|
Change in liabilities current year |
133 |
82 |
|
Change in liabilities prior years |
11 |
106 |
|
Claims paid current year |
(39) |
(44) |
|
Claims paid prior years |
(73) |
(176) |
|
Other net additions through income statement |
(77) |
(135) |
|
Foreign exchange differences and other adjustments |
(3) |
1 |
|
Balance as at 31 December |
956 |
1,003 |
