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Finance 10/06/2013 Kafolat’s net income makes up 1.5bn soums in 2012
Kafolat’s net income makes up 1.5bn soums in 2012
Tashkent, Uzbekistan (UzDaily.com) -- Kafolot state joint stock insurance company received net income for 1.5 billion soums in 2012, the annual report of the company, published in local press, said.

Revenue from sales of insurance services reached 20.802 billion soums, while net income exceeded 15.177 billion soums. Insurance reserves made up 4.263 billion soums in 2012, the report said.

Prime cost of rendered services exceeded 7.091 billion soums and administrative expenses – 9.05 billion soums.

The company’s assets reached 30.662 billion soums in 2012, of which 2.205 billion soums were fixed assets, 22.639 billion soums – capital and financial investments and 2.011 billion soums – money resources.

According to Kafolat, its charter capital was 8.2 billion soums in 2012. Insurance reserves and other special funds exceeded 16.924 billion soums and undistributed income – 1.567 billion soums.

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