Historical Comparison


Swiss Life Group historical comparison 
In CHF million (if not stated otherwise)20082007200620052004
Premium volume
Gross written premiums, policy fees and deposits received 18 515 21 213 19 421 n.a. n.a.
Figures from consolidated statement of income
Net earned premiums13 25413 31612 28313 51214 657
Net earned policy fees260389390394167
Financial result4514 9355 3757 0596 934
Total income15 35618 97118 21921 54222 328
Net insurance benefits and claims–12 915–13 268–12 012–14 040–15 375
Policyholder participation429–1 746–2 143–2 227–1 553
Operating expense–3 319–2 489–2 432–3 390–3 341
Total expense–16 198–17 958–17 309–20 519–21 180
Result from operations–8421 0139101 0231 148
Net result from continuing operations–1 143726576n.a.n.a.
Net profit from discontinued operations1 4886421378n.a.n.a.
Net profit3451 368954874606
Net profit attributable to
Equity holders of Swiss Life Holding3501 345933860579
Minority interest–523211427
Figures from consolidated balance sheet
Equity incl. minority interest6 6527 3347 8517 9536 490
Insurance reserves113 308121 829153 800139 252131 415
Balance sheet total134 791179 757186 950177 597164 736
Share performance
Basic earnings per share (in CHF)10.8840.7627.8725.6718.57
Diluted earnings per share (in CHF)10.8839.6026.9224.8218.27
Dividend paid per share (in CHF)17.007.005.004.00
Total dividend payout to shareholders596245169135
Year-end price (in CHF)72.40283.00305.25237.70165.50
Year-end market capitalisation2 5409 89410 3108 0295 590
Further key figures
Return on equity (in %)5.018.112.212.310.7
Assets under control134 326138 946214 041215 094197 749
Year-end embedded value8 45712 83710 6658 8877 936
Value of new business781181214841
Number of employees (full-time equivalents)8 1848 5568 6938 9799 419
1 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, Swiss Life adjusted the presentation of its Financial Statements from 2007 in accordance with the relevant regulations, gearing them to continuing operations. The units sold were fully consolidated up to the completion of the transactions concerned, but only their net contribution to the net profit is included in the Consolidated Statement of Income. The figures for 2006 have been adjusted accordingly to facilitate comparability.