13,094,981

13,571,740

13,364,338

18,748,006

20,828,711

(1,083,200)

(348,835)

1,306,621

(1,580,217)

(481,981)

5,486,590

4,897,032

2,711,394

4,841,841

6,245,515

(606,335)

25,801

378,303

Ceding commission

1,283,405

1,006,403

617,290

1,295,325

1,379,358

201,095

122,046

66,059

126,060

155,584

Investment Income

1,752,991

684,499

1,088,284

334,148

257,134

Difference of exchange

2,030

1,783

3,871

3,733

5,920

94,581

152,546

67,855

20,974

1,645

-

-

-

19,604,015

23,517,487

28,671,573

TAXES

(267,978)

(252,159)

(248,551)

(312,970)

(349,305)

Paid Claims

9,517,318 

7,962,973

7,441,648

10,909,029

14,058,371

Claims Reserves

(554,395)

326,110

350,035

Premium Ceded

6,157,578

5,660,342

5,438,805

6,786,993

7,723,671

Reinsurers Share in Premium Reserves

105,947

797,410

2,529

(495,542)

(70,814)

Depreciation & Provisions

439,891

197,823

228,144

147,386

144,680

Commission Paid out

1,439,990

2,385,518

2,386,031

3,115,725

3,451,318

Deferred Acquisition Cost

-

-

279,426

(227,885)

21,884

General operating expenses

1,198,463

1,682,808

1,503,343

1,286,223

1,304,444

Salaries

843,650

864,682

924,598

875,888

1,058,923

Management Fees

-

-

-

Advertising & publicity

114,751

314,907

96,390

75,454

91,854

Other general Expenses

1,690

13,470

39,750

30,618

37,182

Taxes & Similar Fees

130,543

116,698

72,662

92,675

90,500

Bank & similar charges

168,945

39,227

78,798

99,334

43,564

Difference Of Exchange

9,704

14,929

11,367

23,753

17,987

Net Book Value of Fixed Assets Ceded

98,969

264,967

77,259

22,804

2,597

18,930,785

22,769,562

28,628,765

424,679

434,955

(306,498)