Milli Re 2025 Annual Report

Page CONSOLIDATED BALANCE SHEET 210 CONSOLIDATED STATEMENT OF INCOME 215 CONSOLIDATED STATEMENT OF CASH FLOWS 219 CONSOLIDATED STATEMENT OF CHANGES IN EQUITY 220 CONSOLIDATED STATEMENT OF PROFIT DISTRIBUTION 222 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 223-311 NOTE 1 GENERAL INFORMATION 223 NOTE 2 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES 226 NOTE 3 IMPORTANT ACCOUNTING ESTIMATES AND PROVISIONS 262 NOTE 4 MANAGEMENT OF INSURANCE AND FINANCIAL RISK 263 NOTE 5 SEGMENT INFORMATION 276 NOTE 6 TANGIBLE ASSETS 277 NOTE 7 INVESTMENT PROPERTIES 279 NOTE 8 INTANGIBLE ASSETS 280 NOTE 9 INVESTMENTS IN AFFILIATES 281 NOTE 10 REINSURANCE ASSETS AND LIABILITIES 281 NOTE 11 FINANCIAL ASSETS 282 NOTE 12 LOANS AND RECEIVABLES 286 NOTE 13 DERIVATIVE FINANCIAL ASSETS 288 NOTE 14 CASH AND CASH EQUIVALENTS 288 NOTE 15 EQUITY 289 NOTE 16 OTHER RESERVES AND EQUITY COMPONENT OF DISCRETIONARY PARTICIPATION 293 NOTE 17 INSURANCE CONTRACT LIABILITIES AND REINSURANCE ASSETS 293 NOTE 18 INVESTMENT CONTRACT LIABILITIES 299 NOTE 19 TRADE AND OTHER PAYABLES AND DEFERRED INCOME 299 NOTE 20 FINANCIAL LIABILITIES 300 NOTE 21 DEFERRED TAXES 300 NOTE 22 RETIREMENT BENEFIT OBLIGATIONS 301 208 MİLLÎ REASÜRANS 2025 Annual Report Contents