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Finance 21/05/2010 Net income of Kapital sug’urta decreases by 74.55%
Net income of Kapital sug’urta decreases by 74.55%
Tashkent, Uzbekistan (UzDaily.com) -- Net income of Kapital sug’urta open joint stock company decreased by 74.55% from 278.165 million soums in 2008 to 70.749 million soums in 2009, an audited report of the insurance company said.

The company said it collected insurance premiums for 7.607 billion soums in 2009, which is up by 75.8% year-on-year. The company made up payouts for 1.533 billion soums.

Revenue from service sales made up 6.082 billion soums in 2009 agaianst 5.474 billion soums planed in business plan for 2009 (11.1%).

Fixed assets of the insurance company rose from 1.044 billion soums in 2008 to 2.121 billion soums in 2009, the report said.

Long-term investments grew from 2.102 billion soums to 2.933 billion soums in the reporting period. Money resources of the company decreased from 1.12 billion soums in 2008 to 1.0129 billion soums in 2009.

Short-term investments of Kapital sug’urta fell from 2.062 billion soums in 2008 to 943.277 million soums in 2009. The charter capital made up 4 billion soums.

Liabilities of Kapital sug’urta increased from 3.839 billion soums in 2008 to 5.527 billion soums in 2009. Long-term liabilities made up 415.417 billion soums in 2009 against 218.852 billion soums in 2008, and current liabilities – 5.111 billion soums against 3.62 billion soums.

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