ANNEX III INSURANCE COMPANIES. 1 st HALF-YEARLY FINANCIAL REPORT CORRESPONDING TO YEAR 2013 END OF REPORTING PERIOD 30/06/2013

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1 MAPFRE, S.A. 1 st HALF 2012 ANNEX III INSURANCE COMPANIES 1 st HALF-YEARLY FINANCIAL REPORT CORRESPONDING TO YEAR 2013 END OF REPORTING PERIOD 30/06/2013 I. ISSUER IDENTIFICATION INFORMATION Corporate name: MAPFRE, S.A. Legal address: Carretera de Pozuelo, Majadahonda (MADRID) TAX ID A II. COMPLEMENTARY INFORMATION TO PREVIOUSLY RELEASED REGULATORY FILINGS Explanation of the main changes with respect to previously filed information: (only to be completed for those conditions stipulated in section B) of the instructions) A-1

2 MAPFRE, S.A. 1 st HALF 2012 III. DECLARATION(S) OF PERSONS ASSUMING REPONSABLITY FOR THE INFORMATION As far as we are aware, the summary financial annual accounts contained herein, which have been prepared in accordance with the applicable accounting standards, give a true and fair view of the equity, financial situation and results of the company, or those companies included in the consolidation taken as a whole, while the interim management report includes a true and fair analysis of the information required Observations with respect to previously filed information Possible commentaries with respect previous texts. Person(s) who assume(s) responsibility for this information In conformity with the powers delegated by the Board of Directors, the Secretary of the Board certifies that the half yearly financial information has been signed by the directors. Name/Company name MR. ANTONIO HUERTAS MEJÍAS MR. ESTEBAN TEJERA MONTALVO MR. FRANCISCO VALLEJO VALLEJO MR. ANTONIO NÚÑEZ TOVAR MR. IGNACIO BAEZA GÓMEZ MR. RAFAEL BECA BORREGO MS. ADRIANA CASADEMONT I RUHÍ MR. RAFAEL CASAS GUTIÉRREZ MR. RAFAEL FONTOIRA SURIS MR. JOSÉ IGNACIO GOIRIGOLZARRI TELLAECHE MR. LUIS HERNANDO DE LARRAMENDI MARTÍNEZ MR. LUIS ITURBE SANZ DE MADRID MR. ANDRÉS JIMÉNEZ HERRADÓN MR. MANUEL LAGARES GÓMEZ-ABASCAL MR. ALBERTO MANZANO MARTOS MR. RAFAEL MÁRQUEZ OSORIO MS. MARÍA FRANCISCA MARTÍN TABERNERO MR. ANTONIO MIGUEL-ROMERO DE OLANO MR. FILOMENO MIRA CANDEL MR. ESTEBAN PEDRAYES LARRAURI MR. ALFONSO REBUELTA BADÍAS MR. MATÍAS SALVÁ BENNASAR Position Chairman 1 st Vice Chairman 2 nd Vice Chairman 3 rd Vice Chairman 4 th Vice Chairman Member Member Member Member Member Member Member Member Member Member Member Member Member Member Member Member Member Date of signing of this half-yearly information by the corresponding administrative body: 25/07/2013 A-2

3 SELECTED FINANCIAL INFORMATION MAPFRE, S.A. 1 st HALF 2012 A-3

4 SELECTED FINANCIAL INFORMATION MAPFRE, S.A. 1 st HALF 2012 A-4

5 SELECTED FINANCIAL INFORMATION MAPFRE, S.A. 1 st HALF 2012 IV. SELECTED FINANCIAL INFORMATION 2. INDIVIDUAL PROFIT AND LOSS ACCOUNT (Prepared in accordance with current national accounting criteria) Thousands Euros CURRENT PERIOD PRIOR PERIOD ACCUMULATED CURRENT YEAR ACCUMULATED PRIOR YEAR 2nd HALF 2nd HALF 30/06/ /06/2012 (+) 1. Net w ritten premiums 201 (+) 2. Income from tangible assets and investments 202 (+) 3. Other technical income 203 (-) 4. Net claims incurred 204 (+/-) 5. Net variation of other technical provisions 205 (+/-) 6. Profit sharing and returned premiums 206 (-) 7. Net operating expenses 207 (+/-) 8. Other technical expenses 209 (-) 9. Expenses from tangible assets and investments 210 A) TECHNICAL RESULT FROM NON-LIFE OPERATIONS ( ) 220 (+) 10. Net w ritten premiums 221 (+) 11. Income from tangible assets and investments 222 (+) 12. Income from investments on account of the life policyholders bearing the investment risk 223 (+) 13. Other technical income 224 (-) 14. Net claims incurred 225 (+/-) 15. Net variation of other technical provisions 226 (+/-) 16. Profit sharing and returned premiums 227 (-) 17. Net operating expenses 228 (+/-) 18. Other technical expenses 229 (-) 19. Expenses from tangible assets and investments 230 (-) 20. Expenses from investments on account of the life policyholders bearing the investment risk 231 B) TECHNICAL RESULT FROM LIFE OPERATIONS ( ) 240 C) TECHNICAL RESULT (A + B) 245 (+) 21. Income from tangible assets and investments , ,846 (+) 22. Negative difference on business combinations 250 (-) 23. Expenses from tangible assets and investments 247 (62,677) (47,065) (+) 24. Other income ,197 29,628 (-) 25. Other expenses 249 (46,193) (45,552) E) RESULT BEFORE TAX (C ) 265 (19,536) 176,857 (+/-) 26. Corporate Income Tax ,862 16,995 F) RESULT BEFORE TAX FROM ONGOING OPERATIONS (E + 26) 280 1, ,852 (+/-) 27. Result after tax from discontinued operations 285 G) RESULT OF THE YEAR (F + 27) 300 1, ,852 EARNINGS PER SHARE Amount (X,XX euros) Amount (X,XX euros) Amount (X,XX euros) Amount (X,XX euros) Reported Diluted A-5

6 SELECTED FINANCIAL INFORMATION MAPFRE, S.A. 1 st HALF 2012 IV. SELECTED FINANCIAL INFORMATION 3. STATEMENT OF RECOGNISED INCOME AND EXPENSES (Prepared in accordance with current national accounting criteria) Thousands Euros CURRENT PERIOD PRIOR PERIOD 30/06/ /06/2012 A) RESULT FOR THE PERIOD 305 1, ,852 B) OTHER RECOGNISED INCOME / (EXPENSES) Financial assets available for sale: 315 a) Gains/(Losses) due to valuation 316 b) Amounts recognised in results 317 c) Other reclassifications Cash flow hedging: 320 a) Gains/(Losses) due to valuation 321 b) Amounts recognised in results 322 c) Amounts recognised at historical value of paid up items 323 d) Other reclassifications Hedging of net investments in businesses abroad: 325 a) Gains/(Losses) due to valuation 326 b) Amounts recognised in results 327 c) Other reclassifications Translation differences 330 a) Gains/(Losses) due to valuation 331 b) Amounts recognised in results 332 c) Other reclassifications Correction of shadow accounting: 335 a) Gains/(Losses) due to valuation 336 b) Amounts recognised in results 337 c) Other reclassifications Assets held for sale: 340 a) Gains/(Losses) due to valuation 341 b) Amounts recognised in results 342 c) Other reclassifications Actuarial gains/(losses) due to personnel long term incentives Other recognised income and expenses Corporate Income Tax 360 TOTAL RECOGNISED INCOME/(EXPENSES) (A+B) 400 1, ,468 A-6

7 SELECTED FINANCIAL INFORMATION MAPFRE, S.A. 1 st HALF 2012 IV. SELECTED FINANCIAL INFORMATION 4. CHANGES IN INDIVIDUAL EQUITY (1/2) Prepared in accordance with current national accounting criteria Thousands Euros CURRENT PERIOD Capital or mutual fund Share premium and other reserves (1) Equity Shares and participations in equity Result for the period Other equity instruments Adjustments for changes in value Subsidies, donations and inheritances recieved Total Equity Balance as at 01/01/ ,955 6,385, ,452 7,098,774 Adjustments for changes in accounting criteria 3011 Adjustments for errors 3012 Adjusted opening balance ,955 6,385, ,452 7,098,774 I. Total recognised income / (expenses) ,326 1,326 II. Operations w ith shareholders or owners 3025 (215,569) (215,569) 1. Increases (Reductions) in capital Conversion of financial liabilities to equity Distribution of dividends 3028 (215,569) (215,569) 4. Operations involving treasury stock or particicpations in equity (net) Increases / (Decreases) due to changes in business combinations Other operatiosn w ith shareholders or ow ners 3032 III. Other variations in equity ,452 (405,452) 0 1. Payments using equity instruments Transfers betw een equity classes ,452 (405,452) 0 3. Other variations 3038 Balance as at 30/06/ ,955 6,575,250 1,326 6,884,531 A-7

8 SELECTED FINANCIAL INFORMATION MAPFRE, S.A. 1 st HALF 2012 IV. SELECTED FINANCIAL INFORMATION 4. CHANGES IN INDIVIDUAL EQUITY (2/2) Prepared in accordance with current national accounting criteria Thousands Euros PRIOR PERIOD Capital or mutual fund Share premium and other reserves (1) Equity Shares and participations in equity Result for the period Other equity instruments Adjustments for changes in value Subsidies, donations and inheritances recieved Total Equity Balance as at 01/01/ ,955 6,435, ,570 7,065,161 Adjustments for changes in accounting criteria 3051 Adjustments for errors 3012 Adjusted opening balance ,955 6,435, ,570 7,065,161 I. Total recognised income / (expenses) , ,852 II. Operations w ith shareholders or owners 3065 (246,364) (246,364) 1. Increases (Reductions) in capital Conversion of financial liabilities to equity Distribution of dividends 3068 (246,364) (246,364) 4. Operations involving treasury stock or particicpations in equity (net) Increases / (Decreases) due to changes in business combinations Other operatiosn w ith shareholders or ow ners 3072 III. Other variations in equity ,197 (75,206) (9) 1. Payments using equity instruments Transfers betw een equity classes ,206 (75,206) 0 3. Other variations 3078 (9) (9) Balance as at 30/06/ ,955 6,510, ,852 7,012,640 A-8

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10 SELECTED FINANCIAL INFORMATION MAPFRE, S.A. 1 st HALF 2012 IV. SELECTED FINANCIAL INFORMATION 6. CONSOLIDATED BALANCE SHEET (1/2) IFRS Thousands Euros CURRENT PERIOD PRIOR PERIOD ASSETS 30/06/ /12/ Cash and other equivalent liquid assets ,010,818 1,018, Financial assets held for negotiation ,050,992 2,944, Other financial assets at reasonable value, w ith changes in profit and loss account ,126,671 2,930, Financial assets available for sale ,762,967 28,372, Loans and amounts due ,441,288 6,268, Investments held to maturity ,423,010 1,373, Hedging derivatives Participation of Reinsurance in technical provisions ,201,130 3,275, Tangible assets and investments: ,726,704 2,721,101 a) Tangible assets ,431,861 1,434,866 b) investments in property, plant and equipment ,294,843 1,286, Intangible assets ,317,655 4,410,357 a) Goodw ill ,136,865 2,146,158 b) Acquistion costs of portfolios of policies ,723,474 1,856,019 c) Other intangible assets , , Participation in companies valued using equity method ,561 92, Tax assets ,348,393 1,476,793 a) Current tax assets , ,522 b) Deferred tax assets ,201,541 1,236, Other assets ,034,792 1,811, Assets held for sale , ,219 TOTAL ASSETS ,566,944 56,983,194 A-10

11 SELECTED FINANCIAL INFORMATION MAPFRE, S.A. 1 st HALF 2012 Thousands Euros IV. SELECTED FINANCIAL INFORMATION 6. CONSOLIDATED BALANCE SHEET (2/2) IFRS CURRENT PERIOD PRIOR PERIOD LIABILITIES AND EQUITY 30/06/ /12/2012 TOTAL LIABILITIES ,345,560 46,846, Financial liabilities held for negotiation Other financial liabilities at reasonable value, w ith changes in profit and loss account ,875 9, Debits ,893,533 5,225,763 a) Subordinated liabilities , ,604 b) Bonds and other negotiable securities ,148,386 1,151,153 c) Debits w ith credit institutions , ,275 d) Other debits ,931,651 3,317, Hedging derivatives Technical provisions ,120,179 37,975,976 a) for unearned premiums ,630,848 7,264,873 b) for risks in progress ,444 10,276 c) for life assurance ,881,018 21,950,877 d) for outstanding claims ,926,920 8,118,984 e) for profit sharing and returned premiums ,143 59,557 f) other technical provisions , , Non technical provisions ,019,716 1,054, Tax liabilities ,894,589 2,048,976 a) Current tax liabilities , ,908 b) Deferred tax liabilities ,699,406 1,773, Other liabilities , , Liabilities linked to assets held for sale ,312 TOTAL NET EQUITY ,221,384 10,136,331 SHARE EQUITY ,153,282 7,949, Share capital or mutual fund , ,955 a) Declared capital or mutual fund , ,955 b) less: capital not called-up Share premium reserve ,506,729 1,506, Reserves ,097,950 4,808, Less: treasury stock and participation in equity Prior years results , , Other contributions from partners and mutual members Profit and loss of the year attributable to the controlling company , ,686 8 Less: interim dividend 1176 (123,182) 9. Other equity instruments 1177 VALUATION ADJUSTMENTS 1188 (285,468) (139,424) 1. Financial assets available for sale ,528 95, Hedging operations Translation differences 1184 (352,422) (198,636) 4. Correction of shadow accounting 1185 (311,136) (39,240) 5. Companies valued using equity method Other adjustments ,670 1,711 TOTAL LIABILITIES AND EQUITY ATTRIBUTABLE TO THE CONTROLLING COMPANY ,867,814 7,810,498 MINORITY INTERESTS ,353,570 2,325, Adjustments for changes in value 1191 (282,488) (179,813) 2. Other ,636,058 2,505,646 TOTAL LIABILITIES AND NET EQUITY ,566,944 56,983,194 A-11

12 Thousands Euros IV. SELECTED FINANCIAL INFORMATION 7. CONSOLIDATED PROFIT AND LOSS ACCOUNT IFRS CURRENT PERIOD PRIOR PERIOD ACCUMULATED CURRENT YEAR SELECTED FINANCIAL INFORMATION MAPFRE, S.A. 1 st HALF 2012 ACCUMULATED PRIOR YEAR 2nd HALF 2nd HALF 30/06/ /06/2012 (+) 1. Net w ritten premiums ,567,917 6,585,524 (+) 2. Income from tangible assets and investments , ,339 (+) 3. Other technical income ,492 25,042 (-) 4. Net claims incurred 1204 (4,367,409) (4,422,522) (+/-) 5. Net variation of other technical provisions 1205 (46,089) (13,352) (+/-) 6. Profit sharing and returned premiums 1206 (3,293) 478 (-) 7. Net operating expenses 1207 (1,811,080) (1,829,436) (+/-) 8. Other technical expenses 1209 (43,411) 52,759 (-) 9. Expenses from tangible assets and investments 1210 (456,994) (429,646) A) TECHNICAL RESULT FROM NON-LIFE OPERATIONS ( ) , ,728 (+) 10. Net w ritten premiums ,670,844 2,573,750 (+) 11. Income from tangible assets and investments , ,727 (+) 12. Income from investments on account of the life policyholders bearing the investment risk ,931 69,111 (+) 13. Other technical income ,928 26,707 (-) 14. Net claims incurred 1225 (2,143,273) (2,151,069) (+/-) 15. Net variation of other technical provisions 1226 (214,070) (147,390) (+/-) 16. Profit sharing and returned premiums 1227 (22,558) (31,451) (-) 17. Net operating expenses 1228 (545,373) (511,034) (+/-) 18. Other technical expenses 1229 (7,116) (9,212) (-) 19. Expenses from tangible assets and investments 1230 (297,309) (282,978) (-) 20. Expense from investments on account of the life policyholders bearing the investment risk 1231 (20,149) (36,625) B) TECHNICAL RESULT FROM LIFE OPERATIONS ( ) , ,536 C) TECHNICAL RESULT (A + B) , ,264 (+) 21. Income from tangible assets and investments ,594 22,756 (+) 22. Negative consolidation differences 1250 (-) 23. Expenses from tangible assets and investments 1247 (79,872) (53,969) (+) 24. Other income , ,102 (-) 25. Other expenses 1249 (309,742) (303,369) E) RESULT BEFORE TAX (C ) , ,784 (+/-) 26. Corporate Income Tax 1270 (240,921) (243,365) F) RESULT BEFORE TAX FROM ONGOING OPERATIONS (E + 26) , ,419 (+/-) 27. Result after tax from discontinued operations 1285 G) RESULT FOR THE PERIOD (F + 27) , ,419 a) Result attributable to the controlling company , ,221 b) Result attributable to minority interests , ,198 EARNINGS PER SHARE Amount (X,XX euros) Amount (X,XX euros) Amount (X,XX euros) Amount (X,XX euros) Reported Diluted A-12

13 IV. SELECTED FINANCIAL INFORMATION 8. STATEMENT OF RECOGNISED INCOME AND EXPENSES IFRS SELECTED FINANCIAL INFORMATION MAPFRE, S.A. 1 st HALF 2012 Thousands Euros CURRENT PERIOD PRIOR PERIOD 30/06/ /06/2012 A) CONSOLIDATED PROFIT AND LOSS OF THE YEAR , ,419 B) OTHER INCOME / (EXPENSES) RECOGNISED 1310 (248,708) (237,368) 1. Financial assets available for sale: ,920 (485,130) a) Gains/(Losses) due to valuation ,402 (491,793) b) Amounts recognised in results 1317 (52,107) 7,801 c) Other reclassifications (1,138) 2. Cash flow hedging: 1320 a) Gains/(Losses) due to valuation 1321 b) Amounts recognised in results 1322 c) Amounts recognised at historical value of paid up items 1323 d) Other reclassifications Hedging of net investments in businesses abroad: 1325 a) Gains/(Losses) due to valuation 1326 b) Amounts recognised in results 1327 c) Other reclassifications Transaltion differences: 1330 (261,049) (127,304) a) Gains/(Losses) due to valuation 1331 (314,300) (113,461) b) Amounts recognised in results 1332 (630) (2,034) c) Other reclassifications ,881 (11,809) 5. Correction of shadow accounting: 1335 (487,227) 318,986 a) Gains/(Losses) due to valuation 1336 (500,380) 318,635 b) Amounts recognised in results , c) Other reclassifications 1338 (260) 6. Assets held for sale: 1340 a) Gains/(Losses) due to valuation 1341 b) Amounts recognised in results 1342 c) Other reclassifications Actuarial gains/(losses) due to personnel long term incentives Other recognised income and expenses a) Gains/(Losses) from valuation 1351 (73) 558 b) Amounts transferred to the profit and loss account 1352 c) Other reclassifications Other income and expenses 1355 (293) Corporate Income Tax 1360 (5,110) 55,415 TOTAL RECOGNISED INCOME/(EXPENSES) (A+B) 1400 (376,857) 343,051 a) Attributable to the controlling company , ,338 b) Attributable to minority interests ,879 4,713 A-13

14 SELECTED FINANCIAL INFORMATION MAPFRE, S.A. 1 st HALF 2012 IV. SELECTED FINANCIAL INFORMATION 9. CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (1/2) IFRS Thousands Euros CURRENT PERIOD Capital or mutual fund Share premium and other reserves(1) Equity of the controlling company Equity Shares and participations in equity Result for the period Other equity instruments Adjustments for changes in value Minority interests Total equity Balance as at 01/01/ ,955 6,976, ,686 (139,424) 2,325,833 10,136,331 Adjustments for changes in accounting criteria 3111 Adjustments for errors 3112 Adjusted opening balance ,955 6,976, ,686 (139,424) 2,325,833 10,136,331 I. Total income / (expenses) recognised ,022 (146,044) 66, ,857 II. Operations w ith shareholders or ow ners 3125 (223,459) (39,490) (262,949) 1. Increases (Reductions) in capital Conversion of financial liabilities to equity Dividend distributions 3128 (215,569) (39,277) (254,846) 4. Operations w ith treasury stock or participations in equity (net) Increases / (Decreases) due to changes in business combinations 3130 (775) (775) 6. Other operations w ith shareholders or ow ners 3132 (7,115) (213) (7,328) III. Other variations in equity ,483 (665,686) 348 (28,855) 1. Payments based on equity instruments Transfers betw een equity items ,686 (665,686) 0 3. Other variations 3138 (29,203) 348 (28,855) Final Balance as at 30/06/ ,955 7,389, ,022 (285,468) 2,353,570 10,221,384 (1) The column "Share premium and other reserves", for the purpose of this statement, includes the following items of the net equity: 2) Share premium reserve; 3) Reserves; 5) Prior year result; 6) Other contributions from partners and 8) Less: interim dividend A-14

15 SELECTED FINANCIAL INFORMATION MAPFRE, S.A. 1 st HALF 2012 IV. SELECTED FINANCIAL INFORMATION 9. CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (2/2) IFRS Thousands Euros PRIOR PERIOD Capital or mutual fund Share premium and other reserves(1) Equity of the controlling company Equity Shares and participations in equity Result for the period Other equity instruments Adjustments for changes in value Minority interests Total equity Balance as at 01/01/2012 (comparison period) ,955 6,161, ,960 (389,203) 2,683,732 9,726,657 Adjustments for changes in accounting criteria 3151 Adjustments for errors 3152 Adjusted opening balance ,955 6,161, ,960 (389,203) 2,683,732 9,726,657 I. Total income / (expenses) recognised ,221 (95,883) 4, ,051 II. Operations w ith shareholders or ow ners 3165 (231,942) (73,438) (305,380) 1. Increases (Reductions) in capital Conversion of financial liabilities to equity Dividend distributions 3168 (246,364) (127,949) (374,313) 4. Operations w ith treasury stock or participations in equity (net) Increases / (Decreases) due to changes in business combinations , , , Other operations w ith shareholders or ow ners 3172 (7,145) (82,930) (90,075) III. Other variations in equity ,011,863 (962,960) 2 (50,211) (1,306) 1. Payments based on equity instruments Transfers betw een equity items ,960 (962,960) 0 3. Other variations ,903 2 (50,211) (1,306) Final Balance as at 30/06/2012 (comparison period) ,955 6,941, ,221 (485,084) 2,564,796 9,763,022 (1) The column "Share premium and other reserves", for the purpose of this statement, includes the following items of the net equity: 2) Share premium reserve; 3) Reserves; 5) Prior year result; 6) Other contributions from partners and 8) Less: interim dividend A-15

16 Thousands Euros IV. SELECTED FINANCIAL INFORMATION 10.A. CONSOLIDATED CASH FLOW STATEMENT (DIRECT METHOD) IFRS SELECTED FINANCIAL INFORMATION MAPFRE, S.A. 1 st HALF 2012 CURRENT PERIOD PRIOR PERIOD 30/06/ /06/2012 A) NET CASH FLOW FROM OPERATING ACTIVITIES ( ) ,894 1,058, Insurance activities: ,265 1,090,123 (+) Inflow s from insurance activities ,014,539 10,677,751 (-) Outflow s from insurance activities 8407 (9,677,274) (9,587,628) 2. Other operating activities: , ,108 (+) Other operating activities cash inflow s , ,257 (-) Other operating activities cash outflow s 8416 (262,028) (153,149) 3. Inflow s/(outflow s) due to corporate income tax 8425 (220,597) (234,503) B) NET CASH FLOW FROM INVESTMENT ACTIVITIES (1 + 2) ,596 (628,321) 1. Inflow s from investment activities: ,666,893 7,940,148 (+) Tangible assets ,125 13,692 (+) Investments in property, plant and equipment ,692 16,876 (+) Intangible assets ,738 1,725 (+) Financial instruments ,997,374 7,124,447 (+) Participations ,134 64,436 (+) Dependent companies and other business units (+) Receivable interests , ,146 (+) Receivable dividends ,264 64,625 (+) Other income related to investment activities , , Payments related to investment activities: 8440 (9,601,297) (8,568,469) (-) Tangible assets 8441 (53,344) (38,302) (-) Investments in property, plant and equipment 8442 (37,038) (11,131) (-) Intangible assets 8443 (60,283) (44,783) (-) Financial instruments 8444 (9,202,333) (8,266,033) (-) Participations 8445 (216,604) (31,120) (-) Dependent companies and other business units 8447 (61,087) (-) Other payments related to investment activities 8448 (31,695) (116,013) C) NET CASH FLOW FROM FINANCING ACTIVITIES (1 + 2) 8490 (209,304) (660,880) 1. Inflow s from financing activities: ,008 96,865 (+) Subordinated liabilities 8481 (+) Inflow s from the issue of equity instruments and capital increases 8482 (+) Capital contributions from ow ners or mutual members 8483 (+) Sale of treasury stock 8485 (+) Other income related to financing activities ,008 96, Payments related to financing activities: 8470 (399,312) (757,745) (-) Dividends 8471 (222,329) (327,643) (-) Interests 8475 (12,739) (24,196) (-) Subordinated liabilities 8472 (5,500) (-) Capital contributions returned to shareholders 8473 (-) Capital contributions returned to ow ners or mutual members 8474 (-) Acquisition of treasury stock 8477 (-) Other payments related to financing activities 8478 (158,744) (405,906) D) TRANSALTION DIFFERENCES IN CASH FLOW 8492 (81,409) (93,911) E) NET INCREASE / (DECREASE) IN CASH FLOW (A + B + C + D) 8495 (7,222) (324,384) F) OPENING CASH BALANCE AND EQUIVALENTS ,018,041 1,254,350 G) CLOSING CASH BALANCES AND EQUIVALENTS (E + F) ,010, ,966 COMPONENTS OF CASH FLOW AND EQUIVALENTS AT PERIOD END CURRENT PERIOD PRIOR PERIOD 30/06/ /06/2012 (+) Cash and banks , ,254 (+) Other financial assets , ,448 (-) Less: Bank overdrafts payable on demand ,264 TOTAL CLOSING CASH FLOW AND EQUIVALENTS ,010, ,966 A-16

17 SELECTED FINANCIAL INFORMATION MAPFRE, S.A. 1 st HALF 2012 IV. SELECTED FINANCIAL INFORMATION 11. CHANGES IN THE GROUP'S COMPOSITION Table 1: BUSINESS COMBINATIONS OR OTHER ACQUISITIONS OR INCREASE IN STAKES IN DEPENDENT COMPANIES, JOINT VENTURES AND/OR INVESTMENTS IN ASSOCIATED UNDERTAKINGS (CURRENT PERIOD) Name of the company (or segment of business) acquired or merged Category Effective date of the operation (dd-mm-yr) Net amount paid for acquisition + other costs directly related to combination (a) HIJOS DE LUIS SANTOS, S.L. Dependent 01/04/2013 2,550 Net cost of combination (a)+ (b) (Eur '000s)) Fair Value of net worth instruments issued for the acquisition (b) % voting rights acquired % total voting rights in the company post acquisition FUNERARIAS REUNIDAS DEL BIERZO, S.A. Dependent 01/04/2013 4, AGROSEGURO, S.A. Dependent 01/05/2013 MAPFRE SAUDE LTDA. Dependent 01/05/ , Table 2: DECREASE OF STAKES IN DEPENDENT COMPANIES, JOINT VENTURES AND/OR INVESTMENTS IN ASSOCIATED UNDERTAKINGS OR OPERATIONS OF A SIMILAR NATURE (CURRENT PERIOD) Name of the company (or segment of business) sold, separated or discontinued Category Effective date of the operation (dd-mm-yr) % voting rights sold or discontinued % total voting rights in the company post sale Gain/(Loss) generated (Eur 000's) MAPFRE URUGUAY, S.A. Dependent SOLUNION SEGUROS DE CRÉDITO, S.A. Joint business ,686 MAPFRE ARGENTINA A.R.T. Dependent MAPFRE SALUD, S.A. Dependent SALZILLO SERVICIOS FUNERARIOS, S.L. Dependent A-17

18 SELECTED FINANCIAL INFORMATION MAPFRE, S.A. 1 st HALF 2012 IV. SELECTED FINANCIAL INFORMATION 12. DIVIDENDS PAID As % of nominal value CURRENT PERIOD Euros per share (X,XX) Amount (Eur 000's) As % of nominal value PRIOR PERIOD Euros per share (X,XX) Amount (Eur 000's) Ordinary shares , ,364 Other shares (non-voting, reedemable, etc) 2159 Total dividendos paid , ,364 a) Dividends paid out against results , ,364 b) Dividends paid out against reserves or share premium reserve 2156 c) Dividends in kind 2157 Thousands Euros IV. SELECTED FINANCIAL INFORMATION 13. ISSUE, REPURCHASE OR REIMBURSEMENT OF DEBT INSTRUMENTS ISSUES CARRIED OUT BY THE COMPANY (AND/OR GROUP) Balance brought forward (+) Issued CURRENT PERIOD (-) Repurchase or reimbursement (+/-) Adjustments for translation effect and others Balance carried forward Debt issued w ithin a Member State of the European Union, w hich has required the prior filing of a prospectus ,001,816 26,149 1,027,965 Debt issued w ithin a Member State of the European Union, w hich has not required the prior filing of a prospectus 2192 Other debt issued outw ith a Member State of the European Union ,337 (28,916) 120,421 TOTAL ,151,153 (2,767) 1,148,386 PRIOR PERIOD Debt issued w ithin a Member State of the European Union, w hich has required the prior filing of a prospectus 4191 Balance brought forward (+) Issued (-) Repurchase or reimbursement (+/-) Adjustments for translation effect and others Balance carried forward Debt issued w ithin a Member State of the European Union, w hich has not required the prior filing of a prospectus 4192 Other debt issued outw ith a Member State of the European Union ,390 4, ,808 TOTAL ,390 4, ,808 CURRENT PERIOD GUARANTEED ISSUANCES Debt issued w hich has been guaranted by the Group (amount guaranteed) 2195 Balance brought forward (+) Issued (-) Cancelled (+/-) Adjustments for translation effect and others Balance carried forward PRIOR PERIOD Debt issued w hich has been guaranted by the Group (amount guaranteed) 4195 Balance brought forward (+) Issued (-) Cancelled (+/-) Adjustments for translation effect and others Balance carried forward A-18

19 IV. SELECTED FINANCIAL INFORMATION 14. BREAKDOWN OF FINANCIAL INSTRUMENTS BY NATURE AND CATEGORY (1/2) SELECTED FINANCIAL INFORMATION MAPFRE, S.A. 1 st HALF 2012 Thousands Euros FINANCIAL ASSETS: NATURE/CATEGORY Trading portfolio Other financial assets held at RV, with changes in P&L account CURRENT PERIOD Available for sale Loans and amounts due Held to maturity Derivatives 2062 Equity instruments 2063 Debt instruments 2064 Hybrid instruments 2065 Loans ,036 Deposits established for accepted reinsurance and other deposits 2067 Credits on direct insurance, reinsurance and coinsurance operations 2068 Invesments on account of the life policyholders bearing the investment risk 2069 Other financial assets ,931 TOTAL (INDIVIDUAL) ,967 Derivatives ,596 Equity instruments , ,792 1,631,526 Debt instruments ,720, ,109 27,019,377 1,417,006 Hybrid instruments Loans ,122 3,516 Deposits established for accepted reinsurance and other deposits ,141 Credits on direct insurance, reinsurance and coinsurance operations ,401,795 Invesments on account of the life policyholders bearing the investment risk ,178,719 Other financial assets ,942 1,697,352 2,488 TOTAL (CONSOLIDATED) ,050,992 3,126,671 28,762,967 7,441,288 1,423,010 FINANCIAL LIABILITIES: NATURE/CATEGORY Trading portfolio CURRENT PERIOD Other financial liabilities held at RV, with changes in P&L account Other liabilities and amount owing Derivatives 2076 Subordinated liabilities ,739 Deposits received on ceded reinsurance 2079 Debts from direct insurance, reinsurance and coinsurance operations 2080 Bonds and other negotiable instruments ,027,965 Debts w ith credit institutions ,013 Debts from preliminary insurance contracts operations 2083 Other financial liabilities ,597 TOTAL (INDIVIDUAL) ,351,314 Derivatives Subordinated liabilities ,739 Deposits received on ceded reinsurance ,147 Debts from direct insurance, reinsurance and coinsurance operations ,079,911 Bonds and other negotiable instruments ,148,386 Debts w ith credit institutions ,757 Debts from preliminary insurance contracts operations 2183 Other financial liabilities ,875 1,670,593 TOTAL (CONSOLIDATED) ,875 5,893,533 (RV: reasonable value; P&L account: profit and loss account) A-19

20 IV. SELECTED FINANCIAL INFORMATION 14. BREAKDOWN OF FINANCIAL INSTRUMENTS BY NATURE AND CATEGORY (2/2) SELECTED FINANCIAL INFORMATION MAPFRE, S.A. 1 st HALF 2012 Thousands Euros PRIOR PERIOD FINANCIAL ASSETS: NATURE/CATEGORY Trading portfolio Other financial assets held at RV, w ith changes in P&L account Available for sale Loans and amounts due Held to maturity Derivatives 5062 Equity instruments 5063 Debt instruments 5064 Hybrid instruments 5065 Loans ,416 Deposits established for accepted reinsurance and other deposits 5067 Credits on direct insurance, reinsurance and coinsurance operations 5068 Invesments on account of the life policyholders bearing the investment risk 5069 Other financial assets ,737 TOTAL (INDIVIDUAL) , ,416 Derivatives ,483 Equity instruments , ,718 1,540,539 Debt instruments ,497, ,422 26,743,539 1,361,236 Hybrid instruments ,169 Loans ,806 2,063 Deposits established for accepted reinsurance and other deposits ,006 Credits on direct insurance, reinsurance and coinsurance operations ,398,309 Invesments on account of the life policyholders bearing the investment risk ,044,530 Other financial assets ,193 1,587,946 10,047 TOTAL (CONSOLIDATED) ,944,555 2,930,699 28,372,246 6,268,261 1,373,346 PRIOR PERIOD FINANCIAL LIABILITIES: NATURE/CATEGORY Trading portfolio Other financial liabilities held at RV, w ith changes in P&L account Other liabilities and amount owing Derivatives 5076 Subordinated liabilities ,104 Deposits received on ceded reinsurance 5079 Debts from direct insurance, reinsurance and coinsurance operations 5080 Bonds and other negotiable instruments ,001,816 Debts w ith credit institutions Debts from preliminary insurance contracts operations 5083 Other financial liabilities ,139 TOTAL (INDIVIDUAL) ,289,102 Derivatives 5176 Subordinated liabilities ,604 Deposits received on ceded reinsurance ,687 Debts from direct insurance, reinsurance and coinsurance operations ,654,937 Bonds and other negotiable instruments ,151,152 Debts w ith credit institutions ,275 Debts from preliminary insurance contracts operations ,170 Other financial liabilities ,950 1,540,938 TOTAL (CONSOLIDATED) ,950 5,225,763 (RV: reasonable value; P&L account: profit and loss account) A-20

21 SELECTED FINANCIAL INFORMATION MAPFRE, S.A. 1 st HALF 2012 IV. SELECTED FINANCIAL INFORMATION 15. INFORMATION BY SEGMENTS Thousands Euros Table 1: Distribution of net premiums attributed to current period, by geographical area GEOGRAPHICAL AREA CURRENT PERIOD INDIVIDUAL PRIOR PERIOD CONSOLIDATED CURRENT PERIOD PRIOR PERIOD Domestic market ,524,386 3,801,025 International: ,714,375 5,358,249 a) European Union , ,690 b) O.E.C.D. countries ,810,694 1,512,575 c) Other countries ,341,355 3,219,984 TOTAL ,238,761 9,159,274 Table 2: Ordinary income CONSOLIDATED Ordinary income from external customers Ordinary income between segments Total ordinary income SEGMENTS CURRENT PERIOD PRIOR PERIOD CURRENT PERIOD PRIOR PERIOD CURRENT PERIOD PRIOR PERIOD LIFE ,887,411 2,768,817 2,887,411 2,768,817 MOTOR ,331,090 3,075,184 3,331,090 3,075,184 OTHER NON-LIFE ,208,969 4,166, , ,535 4,453,747 4,409,852 REINSURANCE ,353,998 1,191, , ,081 2,150,401 1,694,860 OTHER ACTIVITIES , , , , , , (-) Ordinary income adjustments and eliminations betw een segments 2231 (1,326,336) (1,021,669) (1,326,337) (1,021,669) TOTAL ,045,540 11,449, ,045,540 11,449,062 Tabla 3: SEGMENTS LIFE MOTOR OTHER NON-LIFE REINSURANCE OTHER ACTIVITIES Total results of repoted segments (+/-) Results not assigned (+/-) Elimination of internal results (betw een segments) (+/-) Other results (+/-) Corporate income tax and/or discontinued operations result RESULT BEFORE TAX Results CONSOLIDATED CURRENT PERIOD PRIOR PERIOD , , , , , , ,220 54, (15,692) 243, , , (69,326) (296,767) , , , ,784 A-21

22 SELECTED FINANCIAL INFORMATION MAPFRE, S.A. 1 st HALF 2012 IV. SELECTED FINANCIAL INFORMATION 16. AVERAGE WORK FORCE INDIVIDUAL CURRENT PRIOR PERIOD PERIOD CONSOLIDATED CURRENT PERIOD PRIOR PERIOD AVERAGE WORK FORCE ,529 34,465 Men ,336 15,988 Women ,193 18,477 A-22

23 SELECTED FINANCIAL INFORMATION MAPFRE, S.A. 1 st HALF 2012 IV. SELECTED FINANCIAL INFORMATION 18. TRANSACTIONS WITH INTERESTED PARTIES (1/2) Thousands Euros ASSOCIATED OPERATIONS EXPENSES AND INCOME Significant shareholders Board Members and Managers CURRENT PERIOD Persons, companies or entities connected to the Group Other interested parties 1) Financial expenses ,730 30,730 2) Management or contribution contracts ,510 10,510 3) Transfers of R+D and licencing agreements ) Leases ) Use of services ) Purchase of goods (partially or totally completed) ) Variation in value due to debts w ritten off or of doubtful recovery ) Loss from sale or w rite-off of assets ) Other expenses EXPENSES ( ) ,307 41,307 10) Financial income ,331 56,331 11) Management or contribution contracts ,535 1,535 12) Transfers of R+D and licencing agreements ) Dividends received ) Leases ) Service contract ) Sale of goods (partially or totally completed) ) Profit from sale of assets or w riteoff ) Other income 2359 INCOME ( ) ,994 57,994 Total OTHER TRANSACTIONS Significant shareholders Board Members and Managers CURRENT PERIOD Persons, companies or entities connected to the Group Other interested parties Purchase of tangible, intangible and other assets ,715 9,715 Financial agreements: loans and capital contributions (lender) 2372 Financial lease contracts (lessor) 2373 Amortisation or cancellation of loans and lease contracts (lessor) 2377 Sale of tangible, intangible and other assets , , ,274 Financial agreements: loans and capital contributions (borrow er) ,000 67,963 87,963 Financial lease contracts (lessee) 2376 Amortisation or cancellation of loans and lease contracts (lessee) ,336 3,336 Guarantees given 2381 Guarantees received ,358 1,358 Commitments entered into 2383 Commitments/guarantees cancelled Dividends and other distribution of results ,788 7, ,907 Other operations 2385 Total A-23

24 SELECTED FINANCIAL INFORMATION MAPFRE, S.A. 1 st HALF 2012 IV. SELECTED FINANCIAL INFORMATION 18. TRANSACTIONS WITH INTERESTED PARTIES (2/2) Thousands Euros ASSOCIATED OPERATIONS EXPENSES AND INCOME Significant shareholders Board Members and Managers PRIOR PERIOD Persons, companies or entities connected to the Group Other interested parties 1) Financial expenses ,277 27,277 2) Management or contribution contracts ,415 9,415 3) Transfers of R+D and licencing agreements ) Leases ) Use of services ) Purchase of goods (partially or totally completed) ) Variation in value due to debts w ritten off or of doubtful recovery ) Loss from sale or w rite-off of assets ) Other expenses EXPENSES ( ) ,754 36,754 10) Financial income ,606 57,606 11) Management or contribution contracts ,801 1,801 12) Transfers of R+D and licencing agreements ) Dividends received ) Leases ) Service contract ) Sale of goods (partially or totally completed) ) Profit from sale of assets or w riteoff ) Other income 6359 INCOME ( ) ,965 59,965 Total OTHER TRANSACTIONS Significant shareholders Board Members and Managers PRIOR PERIOD Persons, companies or entities connected to the Group Other interested parties Purchase of tangible, intangible and other assets , ,213 Financial agreements: loans and capital contributions (lender) 6372 Financial lease contracts (lessor) 6373 Amortisation or cancellation of loans and lease contracts (lessor) 6377 Sale of tangible, intangible and other assets ,536 80,536 Financial agreements: loans and capital contributions (borrow er) ,789 56,789 Financial lease contracts (lessee) 6376 Amortisation or cancellation of loans and lease contracts (lessee) Guarantees given 6381 Guarantees received Commitments entered into 6383 Commitments/guarantees cancelled 6384 Dividends and other distribution of results ,103 14, ,084 Other operations 6385 Total A-24

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26

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28 CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS INTERIM CONSOLIDATED MANAGEMENT REPORT STATEMENT OF RESPONSIBILITY 30th JUNE 2013 MAPFRE, S.A.

29 CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS 30th JUNE 2013 MAPFRE, S.A.

30 CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS 30th JUNE 2013 A) Consolidated balance sheet B) Consolidated statement of comprehensive income C) Consolidated statement of changes in equity D) Consolidated cash flow statement E) Notes explaining the condensed interim financial statements MAPFRE, S.A.

31 MAPFRE, S.A. AND CONTROLLED COMPANIES A) CONSOLIDATED BALANCE SHEET AS AT 30th JUNE 2013 AND 31st DECEMBER 2012 ASSETS Notes 30th June st Dec 2012 A) INTANGIBLE ASSETS 4, , I. Goodwill 2, , II. Other intangible assets 2, , B) PROPERTY, PLANT AND EQUIPMENT 1, , I. Property for own use 1, , II. Other property, plant and equipment C) INVESTMENTS 36, , I. Investments in property 1, , II. Financial Investments 1. Portfolio held to maturity 5.1 1, , Portfolio available for sale , , Trading portfolio 5.1 3, , III. Investments recorded using the equity method IV. Deposits established for accepted reinsurance V. Other investments D) INVESTMENTS ON ACCOUNT OF LIFE POLICYHOLDERS BEARING THE INVESTMENT RISK 2, , E) INVENTORIES F) PARTICIPATION OF REINSURANCE IN TECHNICAL PROVISIONS 3, , G) DEFERRED TAX ASSETS 1, , H) CREDITS & RECEIVABLES 6, , I. Credits on direct insurance and coinsurance operations 5.1 4, , II. Credits on reinsurance operations III. Tax credits 1. Tax on profits to be collected Other tax credits IV. Corporate and other credits 5.1 1, , V. Shareholders, called capital - - I) CASH AND BANK 1, , J) ACCRUAL ADJUSTMENTS 1, , K) OTHER ASSETS L) NON-CURRENT ASSETS CLASSED AS AVAILABLE FOR SALE AND DISCOUNTED OPERATIONS Figures in million euros TOTAL ASSETS 58, ,983.18

32 MAPFRE, S.A. AND CONTROLLED COMPANIES A) CONSOLIDATED BALANCE SHEET AS AT 30th JUNE 2013 AND 31st DECEMBER 2012 LIABILITIES AND EQUITY Notes 30th June st Dec 2012 A) EQUITY 10, , I. Share capital II. Share premium and reserves 7, , III. Treasury stock IV. Result for period attributable to the controlling Company V. Other equity instruments VI. Adjustments for change in valuation VII. Translation differences 10 (352.42) (198.63) Equity attributable to the controlling Company s shareholders 7, , Minority interests 2, , B) SUBORDINATED LIABILITIES C) TECHNICAL PROVISIONS 36, , I. Provisions for unearned premiums and for risks in progress 7, , II. Provisions for life assurance 20, , III. Provisions for outstanding claims 7, , IV. Other technical provisions D) TECHNICAL PROVISIONS FOR LIFE ASSURANCE WHERE POLICYHOLDERS BEAR THE INVESTMENT RISK 2, , E) PROVISIONS FOR RISKS AND EXPENSES 1, , F) DEPOSITS RECEIVED ON CEDED AND RETROCEDED REINSURANCE G) DEFERRED TAX LIABILITIES 1, , H) DEBT 5, , I. Issuance of debenture bonds and other negotiable securities 5.2 1, , II. Due to credit institutions III. Other financial liabilities IV. Due on direct insurance and coinsurance operations 1, V. Due on reinsurance operations VI. Tax payable Tax on profits to be paid Other tax debts VII. Other debts 1, , I) ACCRUAL ADJUSTMENTS J) LIABILITIES LINKED TO NON-CURRENT ASSETS CLASSED AS AVAILABLE FOR SALE AND DISCONTINUED OPERATIONS TOTAL LIABILITIES AND EQUITY 58, , Figures in million euros

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34 MAPFRE, S.A. AND CONTROLLED COMPANIES B.2) CONSOLIDATED STATEMENT OF RECOGNISED INCOME AND EXPENSE ITEM GROSS AMOUNT TAXES ON PROFITS ATTRIBUTIBLE TO MINORITY INTERESTS ATTRIBUTIBLE TO THE CONTROLLING COMPANY A) CONSOLIDATED RESULT FOR THE PERIOD B) OTHER RECOGNISED INCOME / (EXPENSES) (240.92) (243.37) (169.55) (146.20) (243.60) (292.78) (5.11) (146.04) (95.89) 1. Financial assets avilable for sale (485.13) (151.44) (73.82) (215.24) a) Valuation gains / (losses) (491.79) (167.69) b) Amounts transferred to the profit and loss acoount (52.11) (1.42) c) Other reclassifications 0.63 (1.14) Exchange rate differences (261.05) (127.30) (153.78) (11.87) a) Valuation gains / (losses) (314.30) (113.46) b) Amounts transferred to the profit and loss acoount (0.63) (2.03) c) Other reclassifications (11.81) Shadow accounting (487.23) (95.70) (92.69) (271.90) a) Valuation gains / (losses) (500.38) (95.59) b) Amounts transferred to the profit and loss acoount (4.02) (0.11) c) Other reclassifications (0.26) Companies valued using the equity method (0.01) a) Valuation gains / (losses) (0.07) b) Amounts transferred to the profit and loss acoount c) Other reclassifications Other recognised income / (expenses) (0.25) (0.03) (0.03) -- TOTAL (246.03) (187.96) (66.88) (4.72)

35 MAPFRE, S.A. AND CONTROLLED COMPANIES C) CONSOLIDATED STATEMENT OF CHANGES IN EQUITY AS AT 30th JUNE 2013 AND 30th JUNE 2012 EQUITY ATTRIBUTABLE TO THE CONTROLLING COMPANY EQUITY ITEM Share capital Share Premium and other Reserves Result Attributible to the controlling company Valuation adjustment reserves MINORITY INTERESTS TOTAL NET EQUITY BALANCE AS AT 1st JANUARY , (389.18) 2, , I. Changes in accounting policies II. Correction of errors ADJUSTED OPENING BALANCE , (389.18) 2, , I. TOTAL RECOGNISED INCOME / (EXPENSES) II. OPERATIONS WITH SHAREHOLDERS OF THE CONTROLLING COMPANY (95.89) (231.91) (73.42) (305.33) 1. Increases / (decreases) in Capital Distribution de dividends (Note 4) -- (246.36) (127.94) (374.30) 3 Increases / (decreases) from combinations of businesses 4. Other operations with shareholders of the Controlling Company (7.13) (82.93) (90.06) III. OTHER VARIATIONS IN EQUITY -- 1, (962.96) -- (50.21) (1.30) 1. Transfers between equity items (962.96) Other variations (50.21) (1.30) BALANCE AS AT 30th JUNE , (485.07) 2, , BALANCE AS AT 1st JANUARY , (139.43) 2, , I. Changes in accounting policies II. Correction of errors ADJUSTED OPENING BALANCE , (139.43) 2, , I. TOTAL RECOGNISED INCOME / (EXPENSES) II. OPERATIONS WITH SHAREHOLDERS OF THE CONTROLLING COMPANY (146.04) (223.47) (39.49) (262.96) 1. Increases / (decreases) in Capital Distribution de dividends (Note 4) -- (215.57) (39.28) (254.85) 3 Increases / (decreases) from combinations of businesses 4. Other operations with shareholders of the Controlling Company -- (0.78) (0.78) -- (7.12) (0.21) (7.33) III. OTHER VARIATIONS IN EQUITY (665.69) (28.83) 1. Transfers between equity items (665.69) Other variations -- (29.18) (28.83) BALANCE AS AT 30th JUNE , (285.47) 2, , Figures in million euros

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37 MAPFRE, S.A. AND CONTROLLED COMPANIES E) NOTES EXPLAINING THE CONDENSED INTERIM FINANCIAL STATEMENTS 1. GENERAL INFORMATION ON THE COMPANY AND ITS ACTIVITY MAPFRE, S.A. (hereinafter the controlling company or MAPFRE ) is a limited company whose shares are traded on the Stock Exchange, and it is the controlling company of a group of subsidiary companies involved in the various sectors that make up the insurance business, both Life and Non-Life, finance and services. CARTERA MAPFRE, S.L., Sociedad Unipersonal (hereinafter CARTERA MAPFRE) 100% controlled by FUNDACIÓN MAPFRE, owns 64.70% of the capital of MAPFRE, S.A. The scope of the activities of the controlling company and its subsidiaries (hereinafter the Group or GRUPO MAPFRE ) comprises the Spanish territory, member countries of the European Economic Area, and other countries. The controlling company was incorporated in Spain and its registered address is located in Majadahonda (Madrid) at Carretera de Pozuelo, BASES OF PRESENTATION AND ACCOUNTING POLICIES 2.1. BASES OF PRESENTATION The condensed interim consolidated financial statements for the six-month period ended 30 th June 2013 (hereinafter, interim financial statements ) have been drafted in accordance with the provisions of International Accounting Standard (IAS) no. 34 with regard to interim financial information. The said interim financial statements do not include all information that would be required of complete consolidated annual accounts drafted in accordance with the International Financial Reporting Standards (IFRS) adopted by the European Union, and so the attached interim financial statements should be read in conjunction with the Group s consolidated annual accounts corresponding to the financial year ended 31 st December The application of the new Standards and Interpretations applicable as from 1 st July 2012, (modification of IAS 1) and 1 st January 2013 (IFRS 13, modifications to IFRS 7, IAS 19 and IAS 12) have had no effects neither on the financial position nor the results of the Group. No Standards and Interpretations have been applied in advance which, had they been approved by the European Commission, would not have become applicable. The interim financial statements have been approved by the Board of Directors at its meeting held on 25 th July 2013.