Corporate | 12 November 2004 08:20
Allianz AG – correction
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Allianz AG – correction
1.1.04 – 30.9.04 1.1.03 – 30.9.03
Group Key Figures
Net income (in Mill. Euros) (1) 1,828 732
Shareholders’ equity (in Bill. Euros) 29,771 28,592 (2)
Total Revenue (3) 72.6 71.0
Key Figures by Lines of Business
Insurance (in Bill. Euros)
Combined ratio (in %) (4) 93.2 96.9
Banking (in Mill. Euros) (5)
Net revenues (6) 4,781 4,903
Net loan loss provisions 271 722
Operating expenses 3,968 4,344
Asset Management (in Bill. Euros)
Third party assets under management 592 565 (2)
(1) Profit after goodwill depreciation, taxes and minorities.
(2) As of 31 December 2003
(3) Includes premiums from investment related products in life insurance.
(4) Property and Casualty
(5) Dresdner Bank -contribution to banking segment of Allianz Group
(6) Net interest income and net fee and commission income and net trading
income.
These assessments are, as always, subject to the disclaimer provided below.
Cautionary Note Regarding Forward-Looking Statements
Certain of the statements contained herein may be statements of future
expectations and other forward-looking statements that are based on
management’s current views and assumptions and involve known and unknown risks
and uncertainties that could cause actual results, performance or events to
differ materially from those expressed or implied in such statements. In
addition to statements which are forward-looking by reason of context, the
words ‘may, will, should, expects, plans, intends, anticipates, believes,
estimates, predicts, potential, or continue’ and similar expressions identify
forward-looking statements. Actual results, performance or events may differ
materially from those in such statements due to, without limitation, (i)
general economic conditions, including in particular economic conditions in
the Allianz Group’s core business and core markets, (ii) performance of
financial markets, including emerging markets, (iii) the frequency and
severity of insured loss events, (iv) mortality and morbidity levels and
trends, (v) persistency levels, (vi) the extent of credit defaults (vii)
interest rate levels, (viii) currency exchange rates including the Euro-U.S.
dollar exchange rate, (ix) changing levels of competition, (x) changes in laws
and regulations, including monetary convergence and the European Monetary
Union, (xi) changes in the policies of central banks and/or foreign
governments, (xii) the impact of acquisitions, including related integration
issues, (xiii) reorganization measures and (xiv) general competitive factors,
in each case on a local, regional, national and/or global basis. Many of these
factors may be more likely to occur, or more pronounced, as a result of
terrorist activities and their consequences. The matters discussed herein may
also involve risks and uncertainties described from time to time in Allianz
AG’s filings with the U.S. Securities and Exchange Commission. The company
assumes no obligation to update any forward-looking statement.
No duty to update
The company assumes no obligation to update any information contained herein.
end of message, (c)DGAP 12.11.2004
WKN: 840400; ISIN: DE0008404005; Index: DAX-30, EURO STOXX 50
Listed: Amtlicher Markt in Berlin-Bremen, Düsseldorf, Frankfurt (Prime
Standard), Hamburg, Hannover, München und Stuttgart; EUREX; Swiss Exchange;
London; Paris; NYSE
120820 Nov 04