At the end of the year under review, equity was €3,781 million (2018: €3,627 million). The profit attributable to the shareholder of €208 million was allocated to the equity. The return on equity was 5.6 % in 2019 (2018: 3.0%). Solvency, at 40%, was down on the previous year (2018: 52%) due to higher total assets. The increase in total assets (€9,448 million at year-end 2019, compared with €7,030 million at year-end 2018) is due in particular to the effect of IFRS 16 as per 1 January 2019 (€2,109 million at year-end 2019).