Historical Comparison
| Swiss Life Group historical comparison | |||||||||||
| In CHF million (if not stated otherwise) | 2007 | 2006 | 2005 | 2004 | 2003 | 1 | |||||
| Premium volume | |||||||||||
| Gross written premiums, policy fees and deposits received | 24 170 | 22 064 | 20 211 | 20 180 | 18 760 | ||||||
| Gross written premiums, policy fees and deposits received (continuing operations) | 21 213 | 19 421 | n.a. | n.a. | n.a. | ||||||
| Figures from consolidated statement of income | |||||||||||
| Net earned premiums | 13 316 | 12 283 | 13 512 | 14 657 | 14 822 | ||||||
| Net earned policy fees | 389 | 390 | 394 | 167 | n.a. | ||||||
| Financial result (for the account and risk of the Swiss Life Group) | 4 885 | 5 307 | 6 966 | 6 844 | 5 836 | ||||||
| Total income | 18 971 | 18 219 | 21 542 | 22 328 | 21 088 | ||||||
| Net insurance benefits and claims | –13 268 | –12 012 | –14 040 | –15 375 | –15 726 | ||||||
| Policyholder participation | –1 746 | –2 143 | –2 227 | –1 553 | – 871 | ||||||
| Operating expenses | –2 489 | –2 432 | –3 390 | –3 341 | –2 960 | ||||||
| Total expenses | –17 958 | –17 309 | –20 519 | –21 180 | –20 611 | ||||||
| Profit from operations | 1 013 | 910 | 1 023 | 1 148 | 557 | ||||||
| Net profit from continuing operations | 726 | 576 | n.a. | n.a. | n.a. | ||||||
| Net profit from discontinued operations | 642 | 2 | 378 | n.a. | n.a. | n.a. | |||||
| Net profit | 1 368 | 954 | 874 | 606 | 233 | ||||||
| Net profit attributable to | |||||||||||
| Equity holders of Swiss Life Holding | 1 345 | 933 | 860 | 579 | n.a. | ||||||
| Minority interest | 23 | 21 | 14 | 27 | n.a. | ||||||
| Figures from consolidated balance sheet | |||||||||||
| Equity | 7 334 | 7 851 | 7 953 | 6 490 | 4 964 | ||||||
| Insurance reserves | 121 829 | 153 800 | 139 252 | 131 415 | 136 214 | ||||||
| Balance sheet total | 179 757 | 186 950 | 177 597 | 164 736 | 162 478 | ||||||
| Share performance | |||||||||||
| Basic earnings per share (CHF) | 40.76 | 27.87 | 25.67 | 18.57 | 9.68 | ||||||
| Diluted earnings per share (CHF) | 39.60 | 26.92 | 24.82 | 18.27 | 8.83 | ||||||
| Dividend paid per share (CHF) | 7.00 | 5.00 | 4.00 | – | – | ||||||
| Total dividend payout to shareholders | 245 | 169 | 135 | – | – | ||||||
| Year-end price (CHF) | 283.00 | 305.25 | 237.70 | 165.50 | 227.00 | ||||||
| Year-end market capitalisation | 9 894 | 10 310 | 8 029 | 5 590 | 5 323 | ||||||
| Further key figures | |||||||||||
| Return on equity (in %) | 18.1 | 12.2 | 12.3 | 10.7 | 5.3 | ||||||
| Assets under control | 138 946 | 214 041 | 215 094 | 197 749 | 193 806 | ||||||
| Year-end embedded value | 12 837 | 10 665 | 8 887 | 7 936 | 6 911 | ||||||
| Value of new business | 118 | 121 | 48 | 41 | 63 | ||||||
| Number of employees (full-time equivalents) | 8 556 | 8 693 | 8 979 | 9 419 | 10 015 | ||||||
| 1 2003 figures not adjusted to the financial reporting requirements as of 1 January 2005. | |||||||||||
| 2 Including reserve release of CHF 304 million due to change in Dutch law. | |||||||||||
Due to the sale of its Dutch and Belgian operations and of Banca del Gottardo announced in November 2007, Swiss Life adjusted the presentation of its Financial Statements in accordance with the relevant regulations, gearing them to the continuing operations. The units sold are fully consolidated up to the completion of the transaction concerned, but only their net contribution to the net profit is included in the Consolidated Statement of Income. The previous year’s figures have been adjusted accordingly to enhance comparability. In the Balance Sheet, the assets and liabilities of the units sold are stated separately. The segment reports, on the other hand, contain the full 2007 results of the units sold as well.