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Finance 22/05/2012 Kafolat posts 369.419 million soums of net income in 2011
Kafolat posts 369.419 million soums of net income in 2011
Tashkent, Uzbekistan (UzDaily.com) -- Kafolot state joint stock insurance company received net income for 369.419 million soums in 2011 against 84.603 million soums in 2010, the annual report of the company, published in local press, said.

In 2011, revenue from realization of insurance services made up 14.895 billion soums, while net revenue – 14.194 billion soums. Total premiums, transferred to reinsurance, made up 626.22 million soums.

Prime cost from rendered services exceeded 6.056 billion soums, insurance reserves – 3.366 billion soums.

The assets made up 24.27 billion soums in 2011 (19.96 billion soums in 2010), of which 1.67 billion soums (1.64 billion soums) – fixed assets, capital and financial investments – 17.13 billion soums (13.46 billion soums, money resources – 1.833 billion soums (1.683 billion soums).

According to the company, the charter capital made up 8.2 billion soums in 2011. Insurance reserves and other funds of special purpose exceeded 12.554 billion soums (8.73 billion soums). Undistributed income made up 381.988 million soums.

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