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Finance 26/06/2013 Ingo-Uzbekistan falls to 8.74m soums in 2012
Ingo-Uzbekistan falls to 8.74m soums in 2012
Tashkent, Uzbekistan (UzDaily.com) -- Net income of Ingo-Uzbekistan insurance closed joint stock company fell from 1.069 billion soums in 2011 to 8.739 million soums in 2012, the financial report of the company said.

According to the annual report of the company, profits from rendered insurance services fell from 3.45 billion soums to 3.317 billion soums in the reporting period. Net revenue reached 3.779 billion soums in 2012 to 3.84 billion soums in 2011.

The expenses of the period decreased from 1.579 billion soums to 1.45 billion soums in the reporting period.

Income from financial activities slipped from 1.636 billion soums in 2011 to 1.535 billion soums in 2012, and expenses from financial activities – from 491.818 million soums to 223.952 million soums.

Ingo-Uzbekistan’s net income grew from 11.06 billion soums in 2011 to 13.181 billion soums in 2012, the report said.

Own capital of the company reached 8.483 billion soums in 2012 against 8.315 billion soums in 2011. The charter capital was 5.089 billion soums.

The insurance reserves grew from 1.11 billion soums to 2.506 billion soums in the reporting period. The liabilities made up 2.192 billon soums in 2012 against 1.638 billion soums in 2011.

Ingo-Uzbekistan is subsidiary of the Russian Ingosstrakh open insurance joint stock company.

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