27.05.2002 |
The costs of the UNIQA Group reduced domestically in the reporting period by 3.9% to 381.4 million euro (2000: 396.6 million euro) without considering commissions. Abroad, the costs excluding commissions increased to 32.4 million euro (2000: 19.7 million euro). This can be attributed to the first time inclusion of POLONIA S.A., as well as the once off costs for the conversion to the UNIQA brand, for the subsidiaries in the Czech and Slovak Republics. The total cost ratio of the Group of 20.7% in the year 2001 remained almost unchanged compared to the 20.3% for 2000.
The UNIQA Group Austria was able to step up its capital investments by 7.4% to 11,188.0 million euro. The current (net) capital income increased by 11.4% to 665.6 million euro. The profit on ordinary business activities according to IAS amounted to 45.3 million euro (+ 8.2%). The profit per share before tax increased to 0.27 euro (2000: 0.25 euro). The fully consolidated Group companies outside Austria were able to raise their premium volume by 41.3% to 219.8 million euro. This compares to benefits paid to the value of 115.5 million euro (+ 25.5%). The profit on ordinary business activities of the foreign companies increased by 48.0% to 15.1 million euro in the past year. An unchanged dividend of 0.16 euro per share will be proposed at the shareholders' meeting on 17 June 2002.
Vienna, 27. May 2002