Unipol — Interim / Quarterly Report 2014

Mar 20, 2015

Informazione Regolamentata n. 0265-16-2015		Data/Ora Ricezione 20 Marzo 2015 07:31:59	MTA
Societa'	:	UNIPOL
Identificativo Informazione Regolamentata	:	54841
Nome utilizzatore	:	UNIPOLN05 - Giay
Tipologia	:	IRAG 01
Data/Ora Ricezione	:	20 Marzo 2015 07:31:59
Data/Ora Inizio Diffusione presunta	:	20 Marzo 2015 07:50:04
Oggetto	:	Draft and Consolitdated financial statements approved
Testo del comunicato

Vedi allegato.

Bologna, 20 March 2015

UNIPOL GROUP: DRAFT FINANCIAL STATEMENTS AND CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR 2014 APPROVED

• Preliminary results already announced on 11 February 2015 confirmed. Consolidated net profit of €505m (+168.8%)
• Proposed dividend equal to €0.17 per ordinary share and €0.19 per preference share
• Shareholders' Meeting scheduled for 18 June 2015

The Board of Directors of Unipol Gruppo Finanziario S.p.A., which met yesterday under the chairmanship of Pierluigi Stefanini, approved the consolidated financial statements and the draft financial statements of Unipol Gruppo Finanziario S.p.A., thus confirming the preliminary results already announced on 11 February.

Main consolidated results of the Unipol Group in 2014

• Consolidated net profit of €505m (+168.8%)
• Direct insurance income of €17,883m (+6.4%)
• Combined ratio at 94%¹
• Banking business
• o Net loss of €83m (-€296m in 2013)
• o Impaired loan coverage:
  • o 55% regarding non-performing loans
  • o 42% for the entire portfolio of impaired loans
• o CET 1 10.6%
• Consolidated shareholders' equity amounted to €8,440m (€7,481m in 2013) of which €5,691m attributable to the Group
• Solvency margin equal to 169%² (165% in 2013)

Statutory profit and dividends

Unipol Gruppo Finanziario S.p.A. closed 2014 with a profit for the year equal to €167m. On the basis of this result the Board of Directors also approved the proposal of the Shareholders' Meeting for the distribution of a dividend for the year 2014, in accordance with the current Company By-Laws, equal to €0.17 per ordinary share and €0.19 per preference share, with a pay-out of approximately 76%.

The dividend, if approved by the Shareholders' Meeting scheduled for 18 June 2015, shall be paid on 24 June 2015 with the ex-dividend date set for 22 June 2015 and the record date set for 23 June 2015. The complete text of the proposed resolutions and reports of the Board of Directors relating to

¹Combined ratio net of reinsurance (expense ratio calculated on attributable premiums)

² The values considered include the effect of the convertible loan

the items on the agenda as well as all related documentation will be available, in accordance with the law, at the registered office of the Company, as well as on the Company website www.unipol.it (under the Section Corporate Governance/Shareholders' Meetings) and on that of the Italian Stock Exchange www.borsaitaliana.it.

Significant events after the end of the financial year

On 26 January 2015, the Extraordinary Shareholders' Meeting of UnipolSai Assicurazioni S.p.A. approved the mandatory conversion of Class A savings shares and Class B savings shares into ordinary shares of UnipolSai, a resolution approved by the Special Meetings of holders of Class A and Class B savings shares.

After receiving authorization from IVASS (the Italian Insurance Supervisory Authority), issued on 5 March 2015, the Company deposited the approved shareholders' resolutions with the Bologna Companies' Register on 12 March 2015, hence starting the fifteen-day period within which the holders of Class A Savings Shares and Class B Savings Shares may exercise their right of withdrawal. The Conversion will become effective subject to the condition that the total value of the shares for which the right of withdrawal shall be exercised does not exceed €30m separately for Class A Savings Shares and Class B Savings Shares. Such conditions are established in the exclusive interest of the Company, which will therefore have the right to waive the same.

On 25 February 2015, the Extraordinary Shareholders' Meeting of Unipol Gruppo Finanziario approved, also in accordance with the quorum required by the Special Meeting of holders of ordinary shares, the mandatory conversion of preference shares into ordinary shares of Unipol, a resolution also approved by the Special Meeting of holders of Preference Shares.

The Conversion will become effective subject to authorization issued by IVASS (the Italian Insurance Supervisory Authority) and the condition that the total redemption value of preference shares for which the right of withdrawal shall be exercised does not exceed €100m. Such condition is established in the exclusive interest of the Company, which will therefore have the right to waive the same.

On 9 March 2015, Unipol Gruppo Finanziario launched two exchange offers, concluded on 16 March 2015 intended for the holders of securities representing the bond loan entitled "€750,000,000 5.00 per cent. Notes due 11 January 2017" and the holders of securities representing the bond loan entitled "€500,000,000 4.375 per cent. Notes due 5 March 2021". As at the settlement date (18 March 2015), Unipol issued new securities, maturing in March 2015, amounting to €1bn.

Corporate Governance

Finally, the Board of Directors acknowledged the untimely death of the Director Rocco Carannante. In this regard, the Board of Directors resolved to postpone all resolutions in relation to the composition of the same and the Appointments and Corporate Governance Committee of which Mr Carannante was a member until the next board meeting.

In order to allow a more complete disclosure of the results for the year 2014, please find attached hereto the Consolidated Balance Sheet and Consolidated Income Statement.

****

Maurizio Castellina, Manager in charge of financial reporting of Unipol Gruppo Finanziario S.p.A., declares, pursuant to Article 154-bis, paragraph 2, of the "Consolidated Law on Financial Intermediation", that the accounting information contained in this document corresponds to the figures in corporate accounting records, ledgers and documents. ,

****

Contacts

Unipol Group Press Office Fernando Vacarini

Tel. +39/051/5077705 pressoffice@unipol.it

Barabino & Partners

Massimiliano Parboni m.parboni@barabino.it Tel. +39/335/8304078 Giovanni Vantaggi g.vantaggi@barabino.it Tel. +39/328/8317379

Unipol Group Investor Relations

Adriano Donati Tel. +39/051/5077933 investor.relations@unipol.it

Unipol Gruppo Finanziario S.p.A.

Unipol is one of the leading insurance groups in Europe with a total income amounting to approximately €17.8bn, of which €8.9bn in Non-Life Business and €8.9bn in Life Business (2014 figures).

Unipol adopts an integrated offer strategy and covers a complete range of insurance and financial products, operating primarily through its subsidiary UnipolSai Assicurazioni S.p.A., founded at the beginning of 2014, Italian leader in Non-Life Business, in particular in vehicle liability insurance.

The Group is also active in direct vehicle insurance (Linear Assicurazioni), health protection (UniSalute), supplementary pensions and has a strong presence in the bancassurance channel (Arca Vita Group and Popolare Vita Group).

Finally, Unipol operates in the banking business through the network of Unipol Banca branches and manages significant diversified businesses in the real estate, hotel (Atahotels) and agricultural (Tenute del Cerro) sectors.

Unipol Gruppo Finanziario S.p.A. is listed on the Italian Stock Exchange.

Consolidated Balance Sheet – Assets

		31/12/2014	31/12/2013
1	INTANGIBLE ASSETS	2,133.2	2,237.0
1.1	Goodwill	1,581.9	1,583.2
1.2	Other intangible assets	551.2	653.8
2	PROPERTY, PLANT AND EQUIPMENT	1,521.6	1,383.3
2.1	Property	1,364.2	1,259.0
2.2	Other items of property, plant and equipment	157.4	124.3
3	TECHNICAL PROVISIONS - REINSURERS' SHARE	988.4	1,045.5
4	INVESTMENTS	77,946.0	72,012.3
4.1	Investment property	2,645.6	2,869.8
4.2	Investments in subsidiaries and associates and interests in joint ventures	177.8	188.8
4.3	Held-to-maturity investments	2,238.0	2,932.9
4.4	Loans and receivables	14,657.7	16,299.7
4.5	Available-for-sale financial assets	48,378.1	39,933.9
4.6	Financial assets at fair value through profit or loss	9,848.8	9,787.1
5	SUNDRY RECEIVABLES	3,594.0	3,415.5
5.1	Receivables relating to direct insurance business	1,691.9	1,851.5
5.2	Receivables relating to reinsurance business	95.0	135.4
5.3	Other receivables	1,807.1	1,428.6
6	OTHER ASSETS	1,769.8	3,373.3
6.1	Non-current assets held for sale or disposal groups	9.4	174.5
6.2	Deferred acquisition costs	75.6	77.4
6.3	Deferred tax assets	1,043.5	2,338.2
6.4	Current tax assets	119.9	273.3
6.5	Other assets	521.4	509.9
7	CASH AND CASH EQUIVALENTS	674.4	837.3
	TOTAL ASSETS	88,627.3	84,304.3

Consolidated Balance Sheet – Equity and Liabilities

		31/12/2014	31/12/2013
1	EQUITY	8,439.8	7,481.0
1.1	attributable to the owners of the Parent	5,691.2	5,414.1
1.1.1	Share capital	3,365.3	3,365.3
1.1.2	Other equity instruments	0.0	0.0
1.1.3	Equity-related reserves	1,724.6	1,724.6
1.1.4	Income-related and other reserves	-355.6	327.1
1.1.5	(Treasury shares)	-35.7	-23.3
1.1.6	Translation reserve	2.5	2.1
1.1.7	Gains or losses on available-for-sale financial assets	777.4	121.4
1.1.8	Other gains or losses recognised directly in equity	20.3	-24.6
1.1.9	Profit (loss) for the year attributable to the owners of the Parent	192.3	-78.6
1.2	attributable to non-controlling interests	2,748.6	2,066.9
1.2.1	Share capital and reserves attributable to non-controlling interests	1,971.9	1,390.6
1.2.2	Gains or losses recognised directly in equity	463.8	409.8
1.2.3	Profit (loss) for the year attributable to non-controlling interests	312.9	266.5
2	PROVISIONS	643.2	534.2
3	TECHNICAL PROVISIONS	61,894.8	56,875.3
4	FINANCIAL LIABILITIES	15,459.4	16,041.4
4.1	Financial liabilities at fair value through profit or loss	2,277.1	2,056.8
4.2	Other financial liabilities	13,182.2	13,984.6
5	PAYABLES	933.0	1,182.6
5.1	Payables arising from direct insurance business	153.7	177.5
5.2	Payables arising from reinsurance business	44.1	85.3
5.3	Other payables	735.2	919.9
6	OTHER LIABILITIES	1,257.2	2,189.8
6.1	Liabilities associated with disposal groups held for sale	0.1	74.2
6.2	Deferred tax liabilities	101.7	1,014.5
6.3	Current tax liabilities	28.2	141.7
6.4	Other liabilities	1,127.2	959.5
	TOTAL EQUITY AND LIABILITIES	88,627.3	84,304.3

Consolidated Income Statement

		31/12/2014	31/12/2013
1.1	Net premiums	17,766.0	16,581.3
1.1.1	Gross premiums	18,214.3	17,025.0
1.1.2	Ceded premiums	-448.3	-443.7
1.2	Fee and commission income	116.8	128.3
1.3	Gains and losses on financial instruments at fair value through profit or loss	84.3	347.3
1.4	Gains on investments in subsidiaries and associates and interests in joint ventures	7.7	11.3
1.5	Gains on other financial instruments and investment property	3,421.1	2,977.0
1.5.1	Interest income	2,109.2	2,120.1
1.5.2	Other gains	179.7	169.1
1.5.3	Realised gains	833.9	687.4
1.5.4	Unrealised gains	298.2	0.5
1.6	Other revenue	857.8	555.8
1	TOTAL REVENUE AND INCOME	22,253.7	20,601.0
2.1	Net charges relating to claims	-16,024.8	-14,308.5
2.1.1	Amounts paid and changes in technical provisions	-16,272.8	-14,488.9
2.1.2	Reinsurers' share	248.0	180.5
2.2	Fee and commission expense	-38.4	-39.1
2.3	Losses on investments in subsidiaries and associates and interests in joint ventures	-13.1	-6.4
2.4	Losses on other financial instruments and investment property	-1,382.1	-1,375.4
2.4.1	Interest expense	-304.8	-346.1
2.4.2	Other charges	-101.0	-78.1
2.4.3	Realised losses	-336.3	-177.4
2.4.4	Unrealised losses	-640.0	-773.8
2.5	Operating expenses	-3,024.7	-3,083.2
2.5.1	Commissions and other acquisition costs	-2,016.6	-2,072.7
2.5.2	Investment management expenses	-71.6	-47.2
2.5.3	Other administrative expenses	-936.5	-963.3
2.6	Other costs	-969.5	-1,268.1
2	TOTAL COSTS AND EXPENSES	-21,452.5	-20,080.7
	PRE-TAX PROFIT (LOSS) FOR THE YEAR	801.2	520.3
3	Income tax	-293.8	-331.2
	POST-TAX PROFIT (LOSS) FOR THE YEAR	507.4	189.1
4	PROFIT (LOSS) FROM DISCONTINUED OPERATIONS	-2.2	-1.1
	CONSOLIDATED PROFIT (LOSS) FOR THE YEAR	505.2	187.9
	attributable to the owners of the Parent	192.3	-78.6
	attributable to non-controlling interests	312.9	266.5

Statement of Comprehensive Income

	31/12/2014	31/12/2013
CONSOLIDATED PROFIT (LOSS)	505.2	187.9
Other income net of taxes not reclassified in the income	-7.3	5.4
statement
Variation in equity of investees	2.4	6.1
Variation in the revaluation reserve for intangible assets	0.0	0.0
Variation in the revaluation reserve for property, plant and equipment	0.0	0.0
Gains or losses on non-current assets held for sale and disposal	0.0	0.0
groups
Actuarial gains and losses and adjustments relating to defined benefit	-8.7	-0.9
plans
Other items	-1.0	0.2
Other income net of taxes reclassified in the income statement	762.6	256.8
Variation in net translation reserves	-4.0	2.1
Gains or losses on available-for-sale financial assets	712.3	221.4
Gains or losses on cash flow hedges	54.2	33.3
Gains or losses on hedges of a net investment in foreign operations	0.0	0.0
Variation in equity of investees	0.0	0.0
Gains or losses on non-current assets held for sale and disposal	0.0	0.0
groups
Other items	0.0	0.0
TOTAL OTHER COMPREHENSIVE INCOME	755.3	262.3
TOTAL CONSOLIDATED COMPREHENSIVE INCOME	1,260.5	450.2
attributable to the owners of the Parent	893.6	232.7
attributable to non-controlling interests	366.8	217.5

Condensed Consolidated Income Statement by Business Segment

Amounts in €m

	NO N-L IFE BUS SS INE		LIF E BUS SS INE		INS URA NC E BUS SS INE		BA NK ING BUS SS INE		GS/ SER VIC ES/ HOL DIN OTH ER BUS INE SSE S			REA L E STA TE BUS SS INE			Inte ent rse gm Elim ina tion		CO NS OL IDA TED TO TA L
	dic-1 4	dic- 13	var.%	dic-1 4	dic- 13	var.%	dic-1 4	dic- 13	var.%	dic-1 4	dic- 13	var.%	dic-1 4	dic- 13	var.%	dic-1 4	dic- 13	var.%	dic-1 4	dic- 13	dic- 14	dic- 13	var.%
Net miu pre ms	9,01 2	9,78 7	-7.9	8,75 4	6,79 4	28.8	17,76 6	16,5 81	7.1	0	0	0.0	0	0	0.0	0	0	0.0	0	0	17,76 6	16,5 81	7.1
Net fee nd mis sion s a com s	0	0	-3.7	7	9	-20.0	7	9	-20.3	108	113	-4.3	19	6	228. 6	0	0	0.0	-55	-38	78	89	-12.1
Fina ncia l inc e/e (ex cl. A ts/ liab ilitie om xpe nse sse s
at f air valu e)	502	560	-10.4	1,485	1,51 4	-1.9	1,987	2,07 4	-4.2	77	-103	-174 .9	-45	-37	24.1	-32	-29	8.5	-290	-244	1,69 7	1,66 1	2.2
Net int st ere	424	408	3.8	1,232	1,19 0	3.6	1,656	1,59 8	3.6	255	246	3.5	-38	-39	-2.4	-2	-2	6.9	-56	-14	1,814	1,78 9	1.4
Oth er i and nco me exp ens es	62	49	26.6	-3	23	-111 .0	60	73	-17.6	0	0	35.4	-5	-7	-28.0	34	20	70.9	-40	-30	49	56	-11.5
Rea lise d g ains d lo an sse s	119	176	-32.5	237	269	-11.8	356	445	-20.0	78	14	0 447.	0	8	-102 .0	-1	-2	-40.8	0	0	432	465	-7.1
Unr eali sed ins and los ga ses	-103	-74	40.0	18	32	-44.0	-86	-42	103.6	-255	-364	-29.9	-2	2	-202 .4	-63	-46	37.7	-193	-200	-599	-649	-7.8
Net ch rela ting clai to arg es ms	-6,09 2	-6,6 55	-8.5	-9,51 2	-7,3 61	29.2	-15,6 04	-14, 016	11.3	0	0	0.0	0	0	0.0	0	0	0.0	0	0	-15,6 04	-14, 016	11.3
Ope rati ng exp ens es	-2,34 8	-2,3 62	-0.6	-385	-319	20.4	-2,73 3	-2,6 81	1.9	-304	-309	-1.7	-121	-392	-69.1	-10	-8	25.8	143	307	-3,0 25	-3,0 83	-1.9
Com mis sion nd oth isiti ts s a er a cqu on cos	-1,85 7	-1,9 11	-2.8	-216	-180	19.8	-2,07 3	-2,0 91	-0.9	0	0	0.0	0	0	0.0	0	0	0.0	57	18	-2,0 17	-2,0 73	-2.7
Oth er e xpe nse s	-491	-451	8.9	-169	-139	21.2	-660	-590	11.8	-304	-309	-1.7	-121	-392	-69.1	-10	-8	25.8	87	288	-1,0 08	-1,0 10	-0.2
Oth er i / ex nco me pen se	-64	-466	-86.2	-75	-125	-39.7	-139	-591	-76.4	18	-125	-114 .2	-160	41	-493 .6	-32	-12	164.2	202	-25	-112	-712	-84.3
Pre -tax fit ( loss ) pro	1,009	865	16.7	274	512	-46.5	1,28 3	1,37 6	-6.7	-101	-424	-76.3	-308	-382	19.4	-74	-49	-49.8	0	0	801	520	54.0
Inco tax me	-311	-371	-16.1	-103	-149	-31.0	-413	-519	-20.4	17	129	-86.6	74	54	36.4	29	4	551. 3	0	0	-294	-331	-11.3
Pro fit ( loss ) on dis tinu ed ratio con ope ns	0	0	-100 .0	0	0	0.0	0	0	-100 .0	0	-1	-100 .0	-1	0	0.0	-1	0	0.0	0	0	-2	-1	94.0
Con sol ida ted fit ( loss ) for the riod pro pe	699	494	41.5	171	363	-52.8	870	857	1.5	-83	-296	-71.8	-235	-328	-28.2	-46	-45	2.9	0	0	505	188	168.8
Pro fit ( loss ) at trib utab le t o th f th e P nt e o wne rs o are																					192	-79	-344 .7
Pro fit ( loss ) at trib utab le t trol ling int sts o n on- con ere	174	182		66	110		240	292		7	1		-4	-21		-12	-17		0	0	313	267	17.4

(*) Real Estate business only includes real estate companies controlled by the Group

Unipol Gruppo Finanziario - Balance Sheet by Business Segment

		-Life Non	Bu sine ss	Life Bu	sine ss	Ban king	Bu sine ss	/Oth Hold ings	er B usin esse s	Rea l Esta	te B usin ess	Inte rseg men	t Eli min atio n	Tot al
		31/1 2/20 14	31/1 2/20 13	31/1 2/20 14	31/1 2/20 13	31/1 2/20 14	31/1 2/20 13	31/1 2/20 14	31/1 2/20 13	31/1 2/20 14	31/1 2/20 13	31/1 2/20 14	31/1 2/20 13	31/1 2/20 14	31/1 2/20 13
1	INT ANG IBL E AS SET S	1,50 2.6	1,53 1.1	602. 7	648. 5	10.6	15.4	18.8	43.8	0.6	1.0	2.1 -	2.8 -	2,13 3.2	2,23 7.0
2	TAN GIB LE A SSE TS	712. 9	516. 4	61.8	57.4	15.9	17.3	233. 9	231. 0	495. 0	558. 4	2.1	2.8	1,52 1.6	1,38 3.3
3	TEC HNI CAL PR OVI SIO NS - RE INS URE RS' SHA RE	873. 2	907. 5	115. 2	138. 0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	988. 4	1,04 5.5
4	INV EST MEN TS	17,6 17.3	16,9 68.6	48,2 25.9	41,6 29.2	11,7 13.3	12,6 34.6	424. 1	446. 9	1,26 3.2	1,28 5.4	1,29 7.8 -	952. 4 -	77,9 46.0	72,0 12.3
4.1	Inve stme nt pr ty oper	1,43 1.8	1,63 5.4	11.1	11.2	1.1	1.1	45.0	45.2	1,15 6.6	1,17 6.9	0.0	0.0	2,64 5.6	2,86 9.8
4.2	Inve stme nts i bsid iarie soci ates and join t n su s, as tures ven	61.8	73.3	95.3	91.8	7.5	8.0	0.2	0.0	13.1	15.7	0.0	0.0	177. 8	188. 8
4.3	Held -to-m aturi ty in tmen ts ves	639. 5	714. 5	780. 5	1,40 2.2	818. 0	818. 4	0.0	0.0	0.0	0.0	0.0	2.2 -	2,23 8.0	2,93 2.9
4.4	Loan d re ceiv able s an s	2,10 8.9	2,33 9.3	3,25 3.3	3,79 5.0	10,2 26.4	10,7 54.2	323. 4	324. 4	36.1	30.1	1,29 0.5 -	943. 3 -	14,6 57.7	16,2 99.7
4.5	Ava ilable -for- sale fina ncia l ass ets	13,2 57.1	12,0 92.3	34,3 75.0	26,7 86.8	652. 5	932. 7	43.5	66.1	57.4	62.8	7.3 -	6.7 -	48,3 78.1	39,9 33.9
4.6	Fina ncia l ass t fair val ue th h pro fit or ets a roug loss	118. 2	113. 8	9,71 0.6	9,54 2.1	8.0	120. 3	12.0	11.2	0.0	0.0	0.0	0.2 -	9,84 8.8	9,78 7.1
5	SUN DRY RE CEIV ABL ES	2,81 3.8	2,74 7.8	738. 7	681. 9	85.0	83.6	131. 7	436. 1	36.6	70.2	211. 8 -	604. 1 -	3,59 4.0	3,41 5.5
6	OTH ER A SSE TS	737. 6	1,48 3.5	199. 8	927. 5	417. 8	486. 1	579. 4	548. 8	24.5	26.1	189. 3 -	98.7 -	1,76 9.8	3,37 3.3
6.1	Defe rred isitio sts acqu n co	27.3	28.2	48.3	49.2	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	75.6	77.4
6.2	Othe ets r ass	710. 2	1,45 5.3	151. 5	878. 4	417 .8	486 .1	579. 4	548. 8	24.5	26.1	189. 3 -	98.7 -	1,69 4.2	3,29 5.9
7	CAS H A ND CAS H EQ UIV ALE NTS	300. 1	1,23 5.7	518. 0	875. 0	99.8	229. 9	608. 3	337. 0	111. 1	84.6	962. 8 -	1,92 4.9 -	674. 4	837. 3
	TOT AL ASS ETS	24,5 57.5	25,3 90.6	50,4 62.0	44,9 57.4	12,3 42.5	13,4 67.0	1,99 6.2	2,04 3.6	1,93 0.9	2,02 5.8	2,66 1.8 -	3,58 0.1 -	88,6 27.3	84,3 04.3
1	EQU ITY													8,43 9.8	7,48 1.0
2	PRO VIS ION S	8 557.	375. 9	24.6	39.7	16.8	18.8	511. 7	372. 5	22.4	27.5	490. 1 -	300. 2 -	643. 2	534. 2
3	TEC HNI CAL PR OVI SIO NS	17,6 36.0	18,5 83.3	44,2 58.7	38,2 92.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	61,8 94.8	56,8 75.3
4	FINA NCI AL LIAB ILIT IES	1,81 9.9	1,79 4.5	2,80 0.3	2,85 4.1	11,1 51.7	12,2 69.7	1,28 0.4	1,51 3.5	164. 0	174. 8	1,75 6.9 -	2,56 5.2 -	15,4 59.4	16,0 41.4
4.1	Fina ncia l liab ilities at fa ir va lue t hrou gh p rofit or loss	184. 6	73.3	2,00 2.2	1,92 8.9	84.5	50.4	2.6	0.2	3.3	4.0	0.0	0.0	2,27 7.1	2,05 6.8
4.2	Othe r fina ncia l liab ilities	1,63 5.3	1,72 1.2	798. 1	925. 2	11,0 67.2	12,2 19.3	1,27 7.8	1,51 3.3	160. 7	170. 7	1,75 6.9 -	-2,56 5.2	13,1 82.2	13,9 84.6
5	PAY ABL ES	774. 1	995. 3	195. 6	213. 6	74.9	117. 1	97.0	403. 4	55.4	57.1	264. 0 -	604. 0 -	933. 0	1,18 2.6
6	OTH S ER LIA BIL ITIE	736. 4	1,21 1.4	267. 2	690. 6	355. 9	303. 4	47.0	63.2	1.5	31.6	150. 8 -	110. 4 -	1,25 7.2	2,18 9.8
	TOT AL EQU ITY AN D L IAB ILIT IES													88,6 27.3	84,3 04.3