Varma - Annual Report 2012

24. Solvency capital, Parent Company
31 Dec, € million20122011
Capital and reserves97.493.8
Interest on guarantee capital proposed for distribution-0.6-0.7
Valuation difference between fair values on assets and book values of balance sheet items5,431.73,816.7
Provision for future bonuses1,072.81,556.2
Intangible assets-32.1-41.4
Provision for pooled claims equated with solvency capital1,147.01,095.7
7,716.36,520.4
Minimum solvency capital as required under the Employment Pension Insurance Companies Act, Section 17 1550.6526.0
The equalisation provision for years with heavy losses included in the balance on technical account1,107.61,120.2
Solvency margin as required under Section 16 of the Employment Pension Insurance Companies Act excluding the share of the provision for pooled claims equated with solvency capital6,569.35,424.7
Minimum solvency capital of earnings-related pension companies excluding the temporary reliefs for the years 2008–2012 laid down in the Act 853/20082,249.71,808.5
1Calculated in accordance with Section 6 of the Act 853/2008.