4.17. Other expenses and income
4.17.1. Other expenses
| (CZK’000) | 2016 | 2015 |
|---|---|---|
| Other technical expenses – non-life insurance | 457,293 | 457,324 |
| Other technical expenses – life insurance | 69,884 | 67,902 |
| Other expenses – non-technical account | 190,619 | 245,606 |
| Total other expenses | 717,796 | 770,832 |
As at 31 December 2016 the reinsurers’ share on the balance sheet account Other technical expenses amounts to 0.8% for non-life insurance and 1% for life insurance (in 2015 it was 0.9% and 1% respectively).
Other expenses may be analyzed as follows:
| (CZK’000) | 2016 | 2015 |
|---|---|---|
| Creation of allowances against receivables (note 4.6) | 446,234 | 416,313 |
| Creation of other provisions (note 4.11) | 97,844 | 174,691 |
| Foreign exchange losses | 1,636 | 6,946 |
| Costs for remuneration paid to auditors | 6,450 | 6,450 |
| Other | 165,632 | 166,432 |
| Total other expenses | 717,796 | 770,832 |
Other expenses contain mostly loss fire tax in the amount of CZK 51,644 thousand (2015: CZK 49,023 thousand), expenses for Generali brand in the amount of CZK 34,174 thousand (2015: CZK 33,813 thousand) and write-offs of receivables in the amount of CZK 46,730 thousand (2015: CZK 51,312 thousand).
4.17.2. Other income
| (CZK’000) | 2016 | 2015 |
|---|---|---|
| Other technical income – non-life insurance | 381,966 | 447,008 |
| Other technical income – life insurance | 72,184 | 74,877 |
| Other income – non-technical account | 112,685 | 170,210 |
| Total other income | 566,835 | 692,095 |
Other income may be analyzed as follows:
| (CZK’000) | 2016 | 2015 |
|---|---|---|
| Use of allowances against receivables (note 4.6) | 46,730 | 51,312 |
| Release of allowances against receivables (note 4.6) | 368,652 | 440,118 |
| Usage of other provisions (note 4.11) | 109,087 | 172,977 |
| Foreign exchange gains | 1,074 | 2,381 |
| Other | 41,292 | 25,307 |
| Total other income | 566,835 | 692,095 |