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29.2 Quantitative data

Annual Report 2018 > RESULTS 2018 > Supplementary Information and Notes > 29. Deferred acquisition expenses > 29.2 Quantitative data
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Deferred acquisition expenses 31 December 2018 31 December 2017
Short-term 1,440 1,392
Long-term 106 93
Total deferred acquisition expenses 1,546 1,485

Movement in deferred acquisition expenses 1 January – 31 December 2018 1 January – 31 December 2017
Net value at the beginning of the period 1,485 1,407
Non-life insurance 1,394 1,323
Life insurance 91 84
Acquisition expenses pertaining to future periods 1,690 1,597
Amortization for the period recognized in financial result (1,633) (1,510)
Foreign exchange differences 4 (9)
Net value at the end of the period 1,546 1,485
Non-life insurance 1,445 1,394
Life insurance 101 91

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