32 Other liabilities | |||||
P&C insurance | |||||
EURm | 2013 | 2012 | |||
Liabilities arising out of direct insurance operations | 148 | 149 | |||
Liabilities arising out of reinsurance operations | 49 | 103 | |||
Liabilities related to Patient Insurance Pool | 68 | 55 | |||
Tax liabilities | 113 | 176 | |||
Prepayments and accrued income | 197 | 199 | |||
Other | 119 | 125 | |||
P&C insurance, total | 694 | 807 | |||
The non-current share of other liabilities is EURm 57 (45). Item Other includes e.g. witholding taxes, social expenses related to Workers Compensation insurance policies and employee benefits, unpaid premium taxes and other accruals. |
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Life insurance | |||||
EURm | 2013 | 2012 | |||
Interests | 7 | 9 | |||
Tax liabilities | 18 | 0 | |||
Liabilities arising out of direct insurance operations | 6 | 6 | |||
Liabilities arising out of reinsurance operations | 5 | 5 | |||
Settlement liabilities | 26 | 4 | |||
Guarantees received | 31 | 122 | |||
Other liabilities | 37 | 32 | |||
Life insurance, total | 129 | 177 | |||
Item Guarantees received comprise assets accepted as guarantees required in derivative trading and securities lending. Item Other includes e.g. liabilities arising from withholding taxes and social security costs, liabilities to creditors and insurance premium advances. | |||||
Holding | |||||
EURm | 2013 | 2012 | |||
Interests | 34 | 34 | |||
Guarantees for trading in derivatives | 47 | 78 | |||
Liability for dividend distribution | 26 | 24 | |||
Other | 21 | 16 | |||
Holding, total | 129 | 152 | |||
Item Other includes e.g. reservations for share-based incentive programmes and other incentive salaries. | |||||
Elimination items between segments | -11 | -13 | |||
EURm | 2013 | 2012 | |||
Group, total | 941 | 1,123 |
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