CONSOLIDATED FINANCIAL STATEMENTS 103 Consolidated Income Statement for the Period from January 1 to December 31 ¤ ¤ ¤ Earnings per share 43 4.78 – 4.44 5.71 Diluted earnings per share 43 4.77 – 4.44 5.71 2003 2002 2001 Note ¤ mn ¤ mn ¤ mn 1. Premiums earned (net) 24 55,978 55,133 52,745 2. Interest and similar income 25 22,562 28,210 24,224 3. Income (net) from investments in affiliated enterprises, joint ventures, and associated enterprises 26 3,030 4,398 1,588 4. Other income from investments 27 9,914 9,355 8,502 5. Trading income 28 243 1,507 1,592 6. Fee and commission income, and income from service activities 29 6,060 6,102 4,827 7. Other income 30 3,780 2,971 2,172 Total income (1. to 7.) 101,567 107,676 95,650 8. Insurance benefits (net) 31 – 50,033 – 50,229 – 50,154 9. Interest and similar expenses 32 – 6,437 – 10,651 – 7,861 10. Other expenses for investments 33 – 10,492 – 14,102 – 8,923 11. Loan loss provisions 34 –1,027 –2,241 –596 12. Acquisition costs and administrative expenses 35 – 22,117 – 24,502 – 19,383 13. Amortization of goodwill 5 – 1,413 – 1,162 – 808 14. Other expenses 36 – 7,520 – 6,098 – 6,157 Total expenses (8. to 14.) – 99,039 – 108,985 – 93,882 15. Earnings from ordinary activities before taxes 2,528 – 1,309 1,768 16. Taxes 37 – 130 768 861 17. Minority interests in earnings 14 – 782 – 688 – 1,044 18. Net income 1,616 – 1,229 1,585