Report on Operations and Financial Statements 2018
REPORT ON OPERATIONS AND FINANCIAL STATEMENTS 2018 Ilmarinen • Porkkalankatu 1, Helsinki • FI-00018 Helsinki • Porkalagatan 1, Helsingfors Puh / Tfn / Tel +358 10 284 11 • www.ilmarinen.fi 1 REPORT ON OPERATIONS 1 KEY FIGURES 2017 2018 2017 Pro forma Premiums written, EUR mill. 5,409.9 4,311.6 5,105.6 Pensions paid, EUR mill. 5,698,4 4,721.8 5,535.8 Total operating expenses, EUR mill. 194.6 150.3 199.6 Total profit at fair value, EUR mill. -1,581.0 1,078.4 1,167.2 Operating expenses covered by loading income 148.8 108.9 143.2 Loading profit, EUR mill. 29.9 25.4 31.5 Operational efficiency, % 83.2 81.1 82.0 Technical provisions, EUR mill. 40,625.7 33,390.9 39,219.1 Solvency capital, EUR mill. 8,917.7 9,420.7 10,350.3 in relation to solvency border 1.6 1.8 1.7 Pension assets, EUR mill 46,473.8 39,633.6 46,232.6 % of technical provisions 123.7 131.2 128.8 Investments at fair value, EUR mill. 46,024.0 39,355.1 45,825.1 Net return on investments at fair value, EUR mill. -641.6 2,693.4 3,062.4 ROCE, % -1.4 7.2 7.1 Investment result at fair value, EUR mill. -1,592.1 1,038.8 780.3 Pensioners 459,993 336,654 469,531 TyEL payroll, EUR mill. 20,568.0 16,708.6 19,718.6 YEL payroll, EUR mill. 1,682.5 1,483.6 1,674.6 TyEL policies 73,370 38,766 67,766 Insured under TyEL 624,800 503,800 615,800 YEL policies 74,443 63,052 72,922 Permanent personnel 31 Dec 649 520 741 Ilmarinen and Etera merged on 1 January 2018.
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