• One-time pre-tax provision of €3.7bn in anticipation of settlements with major investors in the AllianzGI US Structured Alpha funds for Q4 21
• Net result attributable to shareholders was a loss of €292m for Q4 21 due to the provision
• Net profit attributable to shareholders decreased by 3% to €6.6bn for 2021
• Dividend per share proposal increased by 12.5% to €10.80 for FY2021 and a new share buy-back programme of €1bn was announced
18 Feb 2022
Good 2021 figures burdened by one-time provision
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Good 2021 figures burdened by one-time provision
• One-time pre-tax provision of €3.7bn in anticipation of settlements with major investors in the AllianzGI US Structured Alpha funds for Q4 21
• Net result attributable to shareholders was a loss of €292m for Q4 21 due to the provision
• Net profit attributable to shareholders decreased by 3% to €6.6bn for 2021
• Dividend per share proposal increased by 12.5% to €10.80 for FY2021 and a new share buy-back programme of €1bn was announced