Zápis 279131-19/07

• Obchodní jméno: Česká pojišťovna a.s.
• Rubrika: Účetní závěrka
• IČO: 45272956
• Sídlo: Spálená 76/16, 113 04 Praha 1
• Publikováno: 09. 05. 2007
• Značka OV: 279131-19/07

ÚČETNÍ ZÁVĚRKA; Česká pojišťovna a.s.
Česká pojišťovna a.s.
Sídlo: Spálená 76/16, 113 04 Praha 1
IČ: 45272956

Consolidated financial statements for the year ended 31 December 2006

Consolidated balance sheet
As at 31 December

In milions of CZK
Note 2006 2005
Intangible assets F1 2 492 4 376
Property, plant and equipment F2 3 625 6 436
Investment property F3 2 616 2 626
Financial assets available-for-sale F4 6 355 1 780
Financial assets held to maturity F4 1 887 2 932
Financial assets at fair value through profit and loss F4 109 286 100 382
Loans and receivables F4 23 825 89 921
Non current assets held for sale F5 215 Ä
Reinsurance assets F6 1 529 1 138
Deferred tax assets F7 522 801
Other assets F8 169 330
Prepayments and accrued income F9 869 1 024
Cash and cash equivalents F10 4 392 9 946

Total assets 157 782 221 692
Issued capital F11 4 000 2 981
Reserves F11 4 146 4 076
Retained earnings F11 13 015 15 947
Total equity attributable to equity holders
of the Parent Company 21 161 23 004
Equity component of discretionary
participation features (»DPF«) Ä 55
Minority interests F12 Ä 125

Total equity 21 161 23 184
Insurance liabilities F13 92 448 90 758
Financial liabilities for investment coutracts with DPF F14 32 347 26 298
Subordinated liabilities F15 Ä 3 132
Other liabilities evidenced by paper F16 Ä 30 679
Financial liabilities at fair value through
profit and loss F17 408 852
Liabilities to banks F18 277 5 891
Liabilities to non banks F19 13 26 210
Provisions F20 2 618 2 668
Payables F21 5 573 7 308
Deferred tax liabilities F7 1 207 1 207
Net assets attributable to unit-holders 193 2 058
Accruals and deferred income F22 1 537 1 447
Total liabilities 136 611 198 508
Total equity and liabilities 157 782 221 692

Česká pojišťovna a.s.

Consolidated financial statements for the year ended 31 Decemher 2006

Consolidated income statement
For the year ended 31 December

In millions of CZK

Note 2006 2005
Continuing operations
Insurance premium revenue F23 40 798 41 918
Insurance premium ceded to reinsurers F23 (2 460) (2 603)
Net insurance premium revenue F23 38 338 39 315
Interest and similar income F24 3 503 3 544
Other income from financial assets F25 4 950 5 192
Income from investment property F26 242 203
Net fee and commission income, and income F27 22 114
from service activities
Other income F28 1 809 4 524

Total revenue 48 864 52 892
Insurance claims and benefits incurred F29 (24 641) (29 394)
Insurance claims and benefits recoverable
from reinsurers F29 623 273
Net insurance claims and benefits F29 (24 018) (29 121)
Investment contracts benefits F30 (1 114) (1 128)
Interest and similar expenses F31 (193) (589)
Other expenses from financial assets F32 (161) (208)
Expenses from investment property F33 (245) (627)
Acquisition costs and other operating expenses F34 (10 155) (9 934)
Other expenses F35 (3 041) (4 949)
Total expenses (38 927) (46 556)
Profit before tax 9 937 6 336
Income tax expense F36 (2 434) (1 228)
Profit after tax 7 503 5 108
Change in net assets attributable to unit-holders (17) (78)
Net profit from continuing operations 7 486 5 030
Discontinued operations
Profit (loss) from discontinued operations C6 3 072 1 176
Net profit for the year 10 558 6 206
Attributable to:
Equity holders of the Parent Company 10 558 6 008
Equity component of DPF Ä 153
Minority interests F12 Ä 45

Net profit for the year 10 558 6 206

Weighted average number of shares 40 000 40 000
Basic and Diluted earning per share for profit
for the year F41 263 950 150 200
Basic and Diluted earning per share for profit
from continuing operations (CZK) F41 187 150 121 738

The consolidated financial statements were approved by the Board of
Directors of the Company on 30 March 2007.

279131-19/07