Notes to the Group’s Financial Statements
Select note 1–42
25 Other assets | |||||
P&C insurance | |||||
EURm | 2016 | 2015 | |||
Interests | 55 | 54 | |||
Assets arising from direct insurance operations | 1,174 | 1,132 | |||
Assets arising from reinsurance operations | 51 | 38 | |||
Settlement receivables | 2 | 2 | |||
Deferred acquisition costs 1) | 123 | 131 | |||
Assets related to Patient Insurance Pool | 120 | 120 | |||
Other | 66 | 62 | |||
P&C insurance, total | 1,593 | 1,541 | |||
Other assets include non-current assets EURm 114 (112). | |||||
Item Other comprise rental deposits, salary and travel advancements and assets held for resale. | |||||
1) Change in deferred acquisition costs in the period | |||||
EURm | 2016 | 2015 | |||
At 1 Jan. | 131 | 138 | |||
Net change in the period | -10 | -4 | |||
Exchange differences | 2 | -2 | |||
At 31 Dec. | 123 | 131 | |||
Life insurance | |||||
EURm | 2016 | 2015 | |||
Interests | 26 | 30 | |||
Receivables from policyholders | 8 | 9 | |||
Assets arising from reinsurance operations | 0 | 0 | |||
Settlement receivables | 47 | 21 | |||
Assets pledged for trading in derivatives | 18 | 19 | |||
Other | 63 | 48 | |||
Life insurance, total | 162 | 127 | |||
Item Other comprise e.g. pensions paid in advance and receivables from co-operation companies. | |||||
Holding | |||||
EURm | 2016 | 2015 | |||
Interests | 10 | 38 | |||
Settlement receivables | 0 | 5 | |||
Other | 5 | 8 | |||
Holding, total | 15 | 51 | |||
Item Other includes e.g. asset management fee receivables. | |||||
Elimination items between segments | -9 | -10 | |||
EURm | 2016 | 2015 | |||
Group, total | 1,761 | 1,708 |
The tables for the Financial Statements are also available in Excel format.