Income statement
                   
      Parent company   Consolidated accounts
      21.02.13   21.02.12   21.02.13   21.02.12
Amounts in USD 000's  Notes   to 20.02.14   to 20.02.13   to 20.02.14   to 20.02.13
Technical account                  
Gross written premium 4,5   480,796   452,457   923,863   853,494
Ceded reinsurance     (302,986)   (279,622)   (185,179)   (175,231)
Change in gross premium reserve      0   0   (11,372)   (1,151)
Change in reinsurers' share of premium reserve      0   0   1,956   4,420
Earned premium for own account 3   177,810   172,835   729,268   681,532
                   
Other insurance related income     0   0   1,690   929
                   
Gross settled claims     388,791   440,710   658,481   829,846
Reinsurers' share of gross settled claims     (176,550)   (211,937)   (118,161)   (179,462)
Change in gross claims reserve     (8,512)   115,941   31,024   (24,617)
Reinsurers' share of change in claims reserve     674   (147,327)   71,659   (25,387)
Claims incurred for own account 3,6   204,403   197,387   643,003   600,381
                   
Acquisition costs     25,468   27,637   49,734   52,777
Agents' commission     24,342   23,773   69,379   65,403
Commissions received     (54,411)   (43,142)   (19,080)   (18,276)
Insurance related expenses for own account 3,8   (4,601)   8,267   100,034   99,903
                   
Other insurance related expenses 8   5,329   7,676   (1,043)   22,598
                   
Technical result before change in contingency reserve 7   (27,320)   (40,495)   (11,036)   (40,422)
                   
Change in contingency reserve 23   (61,239)   (51,877)   (49,332)   (69,176)
                   
Technical result     (88,559)   (92,371)   (60,368)   (109,598)
                   
Non-technical account                   
Income from investments in group companies     60,000   58,600   0   0
Interest and similar income     7,269   4,233   43,907   33,596
Change in unrealised gain/loss on investments     13,584   27,448   16,834   70,298
Gains on realisation of investments     16,340   9,283   29,557   19,240
Investment management expenses     (4,533)   (2,941)   (14,598)   (9,623)
Non-technical result 9   92,660   96,623   75,700   113,512
                   
Profit before tax     4,102   4,252   15,332   3,914
Taxation 10   4,102   4,252   10,918   5,309
                   
Net result     0   0   4,414   (1,395)
                   
Other comprehensive income                  
Exchange differences on foreign subsidiaries     0   0   (4,414)   1,395
Total result     0   0   0   0