Sampo Group

Annual Report 2011
Calculation of the Key Figures
P&C Insurance Key Figures

Group Key Figures

Profit before taxes

Property & casualty insurance profit before taxes + life insurance profit before taxes
+ holding business profit before taxes + Group elimination items with result impact

Property & casualty and life insurance

+ insurance premiums written
+ net income from investments
+ other operating income
- claims incurred
- change in liabilities for investment and insurance contracts
- staff costs
- other operating expenses
- finance costs
+/- share of associates’ profit/loss

Holding

+ net income from investments
+ other operating income
- staff costs
- other operating expenses
- finance costs
+/- share of associates’ profit/loss

Return on equity (at fair values), %

+ total comprehensive income
+ change in valuation differences on investments less deferred tax

_____________________________________________________________x 100 %

+ total equity
+ valuation differences on investments less deferred tax
(average of values on 1 Jan. and 31 Dec.)

Return on assets (at fair values), %

+ operating profit
+ other comprehensive income before taxes
+ interest and other financial expense
+ calculated interest on technical provisions
+ change in valuation differences on investments

_____________________________________________________________x 100 %

+ total balance sheet
- technical provisions relating to unit-linked insurance
+ valuation differences on investments
(average of values on 1 Jan. and 31 Dec.)

Equity/assets ratio (at fair values), %

+ total equity
+ valuation differences on investments less deferred tax

_____________________________________________________________ x 100 %

+ balance sheet total
+ valuation differences on investments

Group solvency

+ total equity
+ sectoral items
- intangible assets and sectoral deductibles
_____________________________________________________________

own funds, total

- minimum requirements for own funds, total
_____________________________________________________________

group solvency

Group solvency ratio, %

own funds
_____________________________________________________________x 100 %

minimum requirements for own funds

Average number of staff

Average of month-end figures, adjusted for part-time staff.

Calculation of the Key Figures
P&C Insurance Key Figures