SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 or 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For March 17th 2005
Commission File Number: 1-15154
ALLIANZ AKTIENGESELLSCHAFT
Koeniginstrasse 28
80802 Munich
Germany
Indicate by check mark whether the registrant files or will file annual reports
under cover of Form 20-F or Form 40-F.
Form 20-F |X| Form 40-F
- ---
Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes No |X|
--- -
If "Yes" is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): 82-
THIS REPORT ON FORM 6-K SHALL BE DEEMED TO BE INCORPORATED BY REFERENCE IN THE
REGISTRATION STATEMENT ON FORM S-8 (FILE NO. 333-13462) OF ALLIANZ
AKTIENGESELLSCHAFT AND TO BE A PART THEREOF FROM THE DATE ON WHICH THIS REPORT
IS FURNISHED, TO THE EXTENT NOT SUPERSEDED BY DOCUMENTS OR REPORTS SUBSEQUENTLY
FILED OR FURNISHED.
Dividend Declaration
MUNICH, Germany--(BUSINESS WIRE)--March 17, 2005--
The Allianz AG board of management and supervisory board will
recommend to the general shareholders' meeting that a dividend of EUR
1.75 per share for 2004 be paid (2003: EUR 1.50).
Details of the year end results, including a breaj down of all
segments will be disclosed in the corporate news simultaneously.
These assessments are, as always, subject to the disclaimer provided
below.
Allianz AG
Koniginstr. 28
80802 Munchen
Deutschland
ISIN: DE0008404005 (DAX)
WKN: 840400
Listed: Amtlicher Markt in Berlin-Bremen, Dusseldorf, Frankfurt (Prime
Standard), Hamburg, Hannover, Munchen und Stuttgart; EUREX; Swiss
Exchange; London; Paris; NYSE
Issuer's information/explanatory remarks concerning this ad hoc
announcement:
Cautionary Note Regarding Forward-Looking Statements
Certain of the statements contained herein may be statements of future
expectations and other forward-looking statements that are based on
management's current views and assumptions and involve known and
unknown risks and uncertainties that could cause actual results,
performance or events to differ materially from those expressed or
implied in such statements. In addition to statements which are
forward-looking by reason of context, the words 'may, will, should,
expects, plans, intends, anticipates, believes, estimates, predicts,
potential, or continue' and similar expressions identify
forward-looking statements. Actual results, performance or events may
differ materially from those in such statements due to, without
limitation, (i) general economic conditions, including in particular
economic conditions in the Allianz Group's core business and core
markets, (ii) performance of financial markets, including emerging
markets, (iii) the frequency and severity of insured loss events, (iv)
mortality and morbidity levels and trends, (v) persistency levels,
(vi) the extent of credit defaults (vii) interest rate levels, (viii)
currency exchange rates including the Euro-U.S. dollar exchange rate,
(ix) changing levels of competition, (x) changes in laws and
regulations, including monetary convergence and the European Monetary
Union, (xi) changes in the policies of central banks and/or foreign
governments, (xii) the impact of acquisitions, including related
integration issues, (xiii) reorganization measures and (xiv) general
competitive factors, in each case on a local, regional, national
and/or global basis. Many of these factors may be more likely to
occur, or more pronounced, as a result of terrorist activities and
their consequences. The matters discussed herein may also involve
risks and uncertainties described from time to time in Allianz AG's
filings with the U.S. Securities and Exchange Commission. The company
assumes no obligation to update any forward-looking statement.
No duty to update
The company assumes no obligation to update any information contained
herein.
Short Name: Allianz AG
Category Code: DIV
Sequence Number: 32186
Time of Receipt (offset from UTC): 20050317T060438+0000
CONTACT: Allianz AG
Final Results
MUNICH, Germany--(BUSINESS WIRE)--March 17, 2005--
Allianz AG: Earnings 2004
Allianz Group - Key figures 2004 2003
Total revenues (EUR bn) 96.9 93.8
Total insurance premiums (EUR bn) 88.2 85.0
Operating profit (EUR m) 1) 6,856 4,066
- Property/Casualty (EUR m) 3,979 2,437
- Life/Health (EUR m) 1,418 1,265
- Banking (EUR m) 603 -369
of which Dresdner Bank (EUR m) 599 -482
- Asset Management (EUR m) 856 733
Profit before goodwill amortization, taxes
and minorities (EUR m) 6,347 4,274
Goodwill amortization (EUR m) -1,164 -1,413
Taxes (EUR m) -1,727 -146
Minorities (EUR m) -1,257 -825
Net income (EUR m) 2,199 1,890
- Property/Casualty (EUR m) 3,325 4,681
- Life/Health (EUR m) 808 38
- Banking (EUR m) 104 -1,279
of which Dresdner Bank (EUR m) 142 -1,305
- Asset Management (EUR m) -152 -270
Earnings per share (EUR) 6.01 5.59
Ratios:
- Combined ratio (Property/Casualty) 92.9% 97.0%
- Operating Cost-Income ratio(Life/Health)2) 95.5% 95.8%
- Operating Cost-Income ratio (Dresdner Bank) 85.0% 91.5%
- Cost-income ratio (Asset Management) 62.9% 67.2%
31.12.2004 31.12.2003
Shareholders' equity (EUR bn) 30.8 28.6
Assets under Management (EUR bn) 1,078 996
thereof third-party AuM(EUR bn) 585 565
1) We define the operating profit as earnings from ordinary activities
before taxation, excluding, as applicable for each respective segment,
either all or some of the following items: net capital gains and
impairments on investments, net trading income, intra-Allianz Group
dividends and profit transfer, interest expense on external debt,
restructuring charges, other non-operating income/(expense),
acquisition-related expenses and amortization of goodwill. For a
detailed description on how we measure operating profit and a
reconcilation to profit before taxes and minorities, see analysts'
presentation 'Group financial results 2004', section 'Additional
information'. The document is available to download from
www.allianz.com/investor- relations.
2) Operating Cost-Income Ratio = (benefits + expenses) / (net premium
earned + current investment income). For a more detailed definition
see analysts' presentation, Appendix/Glossary.
These assessments are, as always, subject to the disclaimer provided
below.
Cautionary Note Regarding Forward-Looking Statements
Certain of the statements contained herein may be statements of future
expectations and other forward-looking statements that are based on
management's current views and assumptions and involve known and
unknown risks and uncertainties that could cause actual results,
performance or events to differ materially from those expressed or
implied in such statements. In addition to statements which are
forward-looking by reason of context, the words 'may, will, should,
expects, plans, intends, anticipates, believes, estimates, predicts,
potential, or continue' and similar expressions identify
forward-looking statements. Actual results, performance or events may
differ materially from those in such statements due to, without
limitation, (i) general economic conditions, including in particular
economic conditions in the Allianz Group's core business and core
markets, (ii) performance of financial markets, including emerging
markets, (iii) the frequency and severity of insured loss events, (iv)
mortality and morbidity levels and trends, (v) persistency levels,
(vi) the extent of credit defaults (vii) interest rate levels, (viii)
currency exchange rates including the Euro-U.S. dollar exchange rate,
(ix) changing levels of competition, (x) changes in laws and
regulations, including monetary convergence and the European Monetary
Union, (xi) changes in the policies of central banks and/or foreign
governments, (xii) the impact of acquisitions, including related
integration issues, (xiii) reorganization measures and (xiv) general
competitive factors, in each case on a local, regional, national
and/or global basis. Many of these factors may be more likely to
occur, or more pronounced, as a result of terrorist activities and
their consequences. The matters discussed herein may also involve
risks and uncertainties described from time to time in Allianz AG's
filings with the U.S. Securities and Exchange Commission. The company
assumes no obligation to update any forward-looking statement.
No duty to update
The company assumes no obligation to update any information contained
herein.
WKN: 840400; ISIN: DE0008404005; Index: DAX-30, EURO STOXX 50 Listed:
Amtlicher Markt in Berlin-Bremen, Dusseldorf, Frankfurt (Prime
Standard), Hamburg, Hannover, Munchen und Stuttgart; EUREX; Swiss
Exchange; London; Paris; NYSE
Short Name: Allianz AG
Category Code: FR
Sequence Number: 32187
Time of Receipt (offset from UTC): 20050317T061149+0000
CONTACT: Allianz AG
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
ALLIANZ AKTIENGESELLSCHAFT
By:/s/ Dr. Reinhard Preusche
------------------------------------
Dr. Reinhard Preusche
Group Compliance
By:/s/ Dr. Giovanni Salerno
------------------------------------
Dr. Giovanni Salerno
Group Compliance
Date: March 17th 2005