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Interim Report Third Quarter 2012

I n t e r i m R e p o r t t h i r d Q u a r t e r a n d F i r s t n i n e m o n t h s o f 2 0 1 2 | A l l i a n z g r o u p C o n d e n s e d C o n s o l i d a t e d I n t e r i m F i n a n ci a l S t a t e m e n t s6 4 The impact of the activities acquired from Mensura CCA, including Mensura Assurances SA, on the ­­Allianz Group’s total revenues and net income since the acquisition was € 3 mn and € 6 mn, respectively. The gross premiums written, total revenues and net income of the combined entity (­Allianz Group including the activities acquired from Mensura CCA, including Mensura Assurances SA) for the nine months ended 30 September 2012, would have been € 55,165 mn, € 80,564 mn and € 4,209 mn, respectively, if the acquisition date was 1 January 2012. The impact of the activities acquired from Mensura CCA, including Mensura Assurances SA, net of cash acquired, on the condensed consolidated statement of cashflows since the acquisition, was: In € mn Investments (918) Reinsurance assets (30) Deferred acquisition costs (2) Deferred tax assets (5) Other assets (80) Financial liabilities carried at fair value through income 4 Unearned premiums 26 Reserves for loss and loss adjustment expenses 992 Other liabilities 32 Total equity 3 Acquisition, net of cash acquired 22 …… GAN EUROCOURTAGE Effective as of 1 October 2012, ­Allianz France acquired the Property-Casualty brokerage portfolio-related activities (excluding transport) of Gan Eurocourtage, a wholly owned subsidiary of Groupama S.A., after having received the formal approvals from the European anti-trust authorities and from the French regulatory authority, Autorité de ­Contrôle Prudentiel (ACP). Gan Eurocourtage is a leading Property and Casualty franchise in the French brokerage market. This acquisition will create one of the largest brokerage franchises in France. The total consideration paid in cash amounted to € 160 mn. This consideration was partly determined by reference to the net asset value of the transferred portfolio as of 30 April 2012 and does not represent the full shareholders’ equity of Gan Eurocourtage. Acquisition-related costs in the amount of € 4 mn are included in administrative expenses. Total identifiable assets acquired and liabilities assumed to be recognized as of 1 October 2012 amount to approximately € 2.0 bn each. At the time the condensed consolidated interim financial statements were authorized for issue, the purchase accounting for the business combination was not entirely completed due to the pending receipt of the final valuations for investments, intangible assets, reinsurance assets, other assets, reserves for insurance and investment contracts, current and deferred tax liabilities, other liabilities and goodwill. Information regarding total revenues and net income the acquired business would have contributed to the ­Allianz Group for the nine months ended 30 September 2012 is not available as the ­Allianz Group has not yet had access to the respective reporting systems. Accordingly, pro forma consolidated figures for gross premiums written, total revenues and net income of the combined entity (­Allianz Group including the Property-Casualty brokerage portfolio-related activities of Gan Eurocourtage) for the nine months ended 30 September 2012, had the acquisition date been 1 January 2012, can at this stage not be provided.

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