Varma

Annual Report 2014

VARMA_tilinpaatos
3. Breakdown of net investment return
ParentParent
CompanyCompanyGroupGroup
1 Jan.–31 Dec., € million2014201320142013
Investment return
Returns on investments in Group companies
Dividend0.50.4
0.50.4
Returns on investments in associates
Dividend17.417.2
17.417.2
Returns on investments in real estate
Interest
Group companies41.247.1
Other0.60.9
Other returns275.1293.3301.5319.4
316.4340.4302.1320.3
Returns on other investments
Dividend409.0384.9409.1385.1
Interest329.6391.4329.6391.4
Other returns756.61,060.7756.61,060.7
1,495.21,837.11,495.41,837.2
1,829.62,195.11,797.52,157.5
Reversed impairment315.9227.4315.9227.4
Sales proceeds2,636.61,393.12,520.31,395.1
Total4,782.13,815.64,633.73,780.0
Investment expenses
On real estate-166.6-182.1-82.5-89.9
On other investments-1,898.7-663.9-1,903.5-663.9
Interest-1.2-1.3-1.2-1.3
-2,066.5-847.4-1,987.3-755.1
Impairment and depreciation
Impairment-706.3-536.4-683.9-481.4
Planned depreciation on buildings-18.0-18.2-101.3-149.8
-724.2-554.6-785.2-631.2
Sales losses-872.4-462.9-872.4-462.9
Total-3,663.1-1,864.8-3,644.8-1,849.2
Net investment return in the income statement1,119.01,950.7988.91,930.8