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Finance 08/05/2013 Uzbekinvest’s net income hits 2.706bn soums in 2012
Uzbekinvest’s net income hits 2.706bn soums in 2012
Tashkent, Uzbekistan (UzDaily.com) -- Uzbekinvest national export–import insurance company posted net income at the size of 2.706 billion soums in 2012 against 2.386 billion soums in 2011.

According to the company, net revenue from sales of insurance services made up 19.086 billion soums (16.962 billion soums in 2011) in 2012. Insurance payouts reached 6.372 billion soums (5.263 billion soums) in 2012.

Income of Uzbekinvest from financial activities exceeded 18.871 billion soums (15.38 billion soums), while expenses from financial activities hit 12.363 billion soums (9.835 billion soums).

The balance sheet said that the assets of the company made up 220.827 billion soums (192.878 billion soums), of which 142.083 billion soums (128.091 billion soums) were long-term assets and 70.805 billion soums (62.167 billion soums) were money resources and short-term investments.

The charter capital was 3.453 billion soums. Net insurance reserves reached 28.468 billion soums (23.362 billion soums in 2011) in 2011. Undistributed income exceeded 2.707 billion soums.

Uzbekinvest national export–import insurance company is operating on insurance market in branch of “general insurance” and insures by all 17 types of insurance according to glossary of insurance activity. The company was founded in April 1994.

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