Balance Sheet
 

ASSETS	31/12/2007	31/12/2006
	JD	JD
Cash on hand and at banks	1,171,699	548,356
Accounts receivable	2,692,566	2,626,918
Due from other insurers	2,345,548	1,601,674
Post-dated cheques	108,922	94,990
Investments
Deposits at banks	3,124,596	5,698,606
Financial assets for trading	10,143,158	10,971,099
Available for sale financial assets	28,344,412	22,810,473
Held to maturity investments	2,123,045	1,011,659
Loans	363,242	372,665
Property Investments	14,664,693	8,466,097
Total Investments	58,763,146	49,330,599
Other assets	249,992	115,985
Fixed assets	953,173	913,544
Total Assets	66,285,046	55,232,066

Balance Sheet   LIABILITIES AND SHAREHOLDERS' EQUITY 31/12/2007 31/12/2006   JD JD       Accounts payable 967,326 855,396 Due to other insurers 1,905,728 1,892,458 Loans 9,857,043 1,460,756 Provisions 906,907 1,039,979 Deferred tax liability 1,910,693 2,044,203 Other liabilities 2,193,477 2,026,683       Technical Provisions           Net unearned premiums provision 3,270,226 2,667,437 Net outstanding claims provision 2,383,025 2,859,143 Net mathematical provision 245,071 ــــــــ Net mathematical provision 2,794,430 2,751,000 Other technical provisions 250,000 250,000       Total Technical Provisions 8,942,752 8,527,580       Total liabilities 26,683,926 17,847,055       Shareholders' Equity           Paid up capital 18,000,000 15,000,000 Statutory reserve 3,279,615 2,841,111 Voluntary reserve 1,200,000 1,100,000 Changes in fair value 5,686,310 5,665,864 Retained earnings 9,275,195 11,278,036 Proposed dividends 2,160,000 1,500,000             Total Shareholders' Equity 39,601,120 37,385,011       Total Liabilities and Shareholders' Equity 66,285,046 55,232,066