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 16, 2006
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
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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
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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IS FURNISHED, TO THE EXTENT NOT SUPERSEDED BY DOCUMENTS OR REPORTS SUBSEQUENTLY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.
Final Results
MUNICH, Germany--(BUSINESS WIRE)--March 16, 2006--
ALLIANZ AG: Key figures 2005
Allianz AG / Final Results
Euro m 2005 2004
Total revenues (Euro bn) 100.9 96.9
Operating profit 1) 7,743 6,839
-Property/Casualty 4,162 3,979
-Life/Health 1,603 1,418
-Banking 845 586
thereof Dresdner Bank 775 582
-Asset Management 1,133 856
Profit before goodwill amortization,
taxes and minority interests 7,880 6,260
Goodwill amortization 0 -1,164
Taxes -2,114 -1,662
Minority interests in earnings -1,386 -1,168
Net income 2) 4,380 2,266
-Property/Casualty 3,549 3,466
-Life/Health 1,349 867
-Banking 3) 1,039 126
thereof Dresdner Bank 3) 1,003 164
-Asset Management 237 -275
-Consolidation adjustments -1,794 -1,918
Earnings per share (basic) (Euro) 11.24 6.19
Dividend (Euro) 2.00 1.75
Ratios:
-Property/Casualty: Combined ratio 92.3% 92.9%
-Life/Health: Statutory expense
ratio 4) 8.1% 9.1%
-Dresdner Bank: Cost-income ratio 89.1% 85.2%
-Asset Management: Cost-income ratio 58.5% 62.9%
Euro bn 12/31/05 12/31/04
Shareholders' equity before minority
interests 39.5 30.0
Shareholders' equity after minority
interests 47.1 37.7
Assets under management 1,265 1,067
thereof third-party assets
under management 743 585
1) For a description on how we measure operating profit and a
reconciliation to net income, see annual report Allianz Group 2005.
2) FY 2004 figures have been restated according to IFRS accounting
standards; amortization of goodwill has not been cancelled.
3) Net income of Dresdner Bank resp. the banking segment for the first
quarter of 2005 showed a realized gain of 343 million euros from the
intra-group transfer of Munich Re shares. This has been eliminated in the
consolidation adjustment.
4) Represents ratio of total acquisition costs and administrative expenses
to net premiums earned (statutory).
These assements 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.
language: English
emitter: Allianz AG
Koniginstr. 28
80802 Munchen Deutschland
phone: +49 (0)89 38 00 - 41 2
fax: +49 (0)89 38 00 - 38 9
email: investor.relations@allianz.com
WWW: www.allianz.com
ISIN: DE0008404005
WKN: 840400
indexes: DAX-30, EURO STOXX 50
stockmarkets: Amtlicher Markt in Berlin-Bremen, Frankfurt (Prime Standard),
Hannover, Munchen, Hamburg, Dusseldorf, SWX, Stuttgart;
Terminborse EUREX; Foreign Exchange(s) London, NYSE
CONTACT: Giovanni Salerno, +49 (0)89-3800-2184
giovanni.salerno@allianz.de
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
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Dr. Reinhard Preusche
Group Compliance
By: /s/ Dr. Giovanni Salerno
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Dr. Giovanni Salerno
Group Compliance
Date: March 16, 2006