Income Statement
For the year ended 31 December
| In CZK million | Note | 2016 | 2015 restated |
|---|---|---|---|
| Net earned premiums revenue | F.15. | 17,764 | 18,312 |
Insurance premium revenue | 27,595 | 28,186 | |
Insurance premium ceded to reinsurers | (9,831) | (9,874) | |
| Interest and other investment income | F.16. | 1,799 | 1,974 |
| Income from subsidiaries and associates | F.17. | 504 | 1,355 |
| Other income from financial instruments and other investments | F.16. | 1,378 | 723 |
| Net income/loss from financial instruments at fair value through profit or loss | F.18. | 239 | 40 |
| Other income | F.19. | 2,488 | 4,621 |
| Total income | 24,172 | 27,025 | |
| Net insurance benefits and claims | F.20. | (10,889) | (10,793) |
Gross insurance benefits and claims | (15,133) | (15,612) | |
Reinsurers' share | 4,244 | 4,819 | |
| Other expenses for financial instruments and other investments | F.21. | (763) | (740) |
| Acquisition costs | F.22. | (2,767) | (2,591) |
| Administration costs | F.22. | (1,721) | (1,679) |
| Other expenses | F.23. | (3,123) | (5,257) |
| Total expenses | (19,263) | (21,060) | |
| Profit before tax | 4,909 | 5,965 | |
| Income tax expense | F.24. | (738) | (754) |
| Loss after tax from discontinued operations | – | (1,187) | |
| Net profit for the year | 4,171 | 4,024 | |
| Weighted average number of shares | 40,000 | 40,000 | |
| Basic and Diluted earnings per share (CZK) | F.29. | 104,291 | 100,602 |