Milli Re 2025 Annual Report

Risks and Assessment of the Governing Body 95 Risk Management Practices 99 Assessment of Capital Adequacy 99 Emergency and Business Continuity Management 100 Transactions Carried out with Milli Re’s Risk Group 100 External Service Procurement 101 The Annual Reports of the Parent Company in the Group of Companies Financial Information 102 Unconsolidated Financial Statements and Independent Auditor’s Report 104 Independent Auditor’s Report 112 Unconsolidated Balance Sheet 117 Unconsolidated Statement of Income 121 Unconsolidated Statement of Cash Flows 122 Unconsolidated Statement of Changes In Equity 124 Unconsolidated Statement of Profit Distribution 125 Notes to the Unconsolidated Financial Statements 199 Information on Consolidated Subsidiaries 200 Consolidated Financial Statements and Independent Auditor’s Report 202 Independent Auditor’s Report 210 Consolidated Balance Sheet 215 Consolidated Statement of Income 219 Consolidated Statement of Cash Flows 220 Consolidated Statement of Changes in Equity 222 Consolidated Statement of Profit Distribution 223 Notes to the Consolidated Financial Statements Contact Information GENERAL INFORMATION FINANCIAL RIGHTS PROVIDED TO THE MEMBERS OF THE GOVERNING BODY AND SENIOR EXECUTIVES RISKS AND ASSESSMENT OF THE GOVERNING BODY ACTIVITIES AND MAJOR DEVELOPMENTS RELATED TO ACTIVITIES RESEARCH & DEVELOPMENT ACTIVITIES FINANCIAL STATUS FINANCIAL INFORMATION 3