Allianz SE

Earnings Release • Mar 16, 2006

News Details

Corporate | 16 March 2006 07:28

ALLIANZ AG: Key figures 2005

Corporate-news transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. —————————————————————————— Euro m 2005 2004 Total revenues (Euro bn) 100.9 96.9 Operating profit 1) 7,743 6,839 -Property/Casualty 4,162 3,979 -Life/Health 1,603 1,418 -Banking 845 586 thereof Dresdner Bank 775 582 -Asset Management 1,133 856 ´ Profit before goodwill amortization, taxes and minority interests 7,880 6,260 Goodwill amortization 0 -1,164 Taxes -2,114 -1,662 Minority interests in earnings -1,386 -1,168 Net income 2) 4,380 2,266 -Property/Casualty 3,549 3,466 -Life/Health 1,349 867 -Banking 3) 1,039 126 thereof Dresdner Bank 3) 1,003 164 -Asset Management 237 -275 -Consolidation adjustments -1,794 -1,918 Earnings per share (basic) (Euro) 11.24 6.19 Dividend (Euro) 2.00 1.75 Ratios: -Property/Casualty: Combined ratio 92.3% 92.9% -Life/Health: Statutory expense ratio 4) 8.1% 9.1% -Dresdner Bank: Cost-income ratio 89.1% 85.2% -Asset Management: Cost-income ratio 58.5% 62.9% Euro bn 12/31/05 12/31/04 Shareholders´equity before minority interests 39.5 30.0 Shareholders´equity after minority interests 47.1 37.7 Assets under management 1,265 1,067 thereof third-party assets under management 743 585 1) For a description on how we measure operating profit and a reconciliation to net income, see annual report Allianz Group 2005. 2) FY 2004 figures have been restated according to IFRS accounting standards; amortization of goodwill has not been cancelled. 3) Net income of Dresdner Bank resp. the banking segment for the first quarter of 2005 showed a realized gain of 343 million euros from the intra-group transfer of Munich Re shares. This has been eliminated in the consolidation adjustment. 4) Represents ratio of total acquisition costs and administrative expenses to net premiums earned (statutory). End of message. These assements 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. (c)DGAP 16.03.2006 ————————————————————————— language: English emitter: Allianz AG Königinstr. 28 80802 München Deutschland phone: +49 (0)89 38 00 – 41 2 fax: +49 (0)89 38 00 – 38 9 email: investor.relations@allianz.com WWW: www.allianz.com ISIN: DE0008404005 WKN: 840400 indexes: DAX-30, EURO STOXX 50 stockmarkets: Amtlicher Markt in Berlin-Bremen, Frankfurt (Prime Standard), Hannover, München, Hamburg, Düsseldorf, SWX, Stuttgart; Terminbörse EUREX; Foreign Exchange(s) London, NYSE End of News DGAP News-Service —————————————————————————