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BALANCE SHEET |
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ASSETS |
31/12/2009 |
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31/12/2008 |
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JD |
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JD |
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Deposits at banks |
2,740,121 |
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7,649,882 |
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Financial assets for trading |
7,534,752 |
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8,239,612 |
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Available for sale financial assets |
20,985,141 |
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20,465,905 |
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Held to maturity investments |
865,754 |
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|
536,499 |
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Property Investments |
16,103,942 |
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14,671,886 |
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Loans |
432,859 |
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409,609 |
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Total Investments |
48,662,569 |
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51,973,393 |
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Cash on hand and at banks |
757,480 |
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1,820,169 |
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Post-dated cheques |
268,585 |
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168,593 |
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Accounts receivable |
3,673,396 |
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2,878,732 |
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Due from other insurers |
2,918,101 |
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1,619,296 |
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Deferred tax assets |
546,500 |
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|
406,999 |
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Fixed assets |
991,769 |
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1,023,889 |
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Intangible assets |
210,000 |
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270,000 |
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Other assets |
824,419 |
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804,454 |
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Total Assets |
58,852,819 |
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60,965,525 |
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LIABILITIES AND SHAREHOLDERS' EQUITY |
31/12/2009 |
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31/12/2008 |
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JD |
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JD |
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Net unearned premiums provision |
3,436,193 |
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3,228,000 |
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Net outstanding claims provision |
3,388,203 |
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2,944,083 |
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Net mathematical provision |
2,794,997 |
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2,903,560 |
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Other technical provisions |
250,000 |
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250,000 |
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Total Technical Provisions |
9,869,393 |
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9,325,643 |
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Accounts payable |
1,106,738 |
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|
544,471 |
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Accrued expenses |
40,811 |
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|
47,338 |
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Due to other insurers |
3,466,697 |
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2,390,354 |
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Other Provisions |
132,734 |
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164,012 |
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Income tax provision |
1,210,661 |
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1,726,802 |
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Loans |
7,000,000 |
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10,320,000 |
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Deferred tax liability |
120,491 |
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|
314,957 |
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Other liabilities |
5,051,487 |
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4,371,898 |
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Total liabilities |
27,999,012 |
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29,205,475 |
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