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Finance 23/05/2012 Uzagrosugurta’s net income made up 352.2 million soums in 2011
Uzagrosugurta’s net income made up 352.2 million soums in 2011
Tashkent, Uzbekistan (UzDaily.com) -- Net income of Uzagrosugurta state joint stock company grew from 54.1 million soums in 2010 to 352.2 million soums in 2011, the annual report of the insurance company, published in local media, said.

According to the report, the volume of insurance payouts made up 5.742 billion soums (4.656 billion soums in 2010) in 2011. Income from financial activity reached 1.925 billion soums in 2011 (1.484 billion soums). Expenses from financial activity exceeded 14.82 billion soums (13.468 billion soums).

Assets of the company made up 41.335 billion soums in the reporting period (30.059 billion soums), the report said. Fixed assets exceeded 6.75 billion soums (6.133 billion soums).

Capital investments made up 330 million soums (101.6 million soums), long-term investments – 8.293 billion soums (9.727 billion soums) in 2011.

Charter capital of Uzagrosugurta made up 2.23 billion soums. Undistributed income made up 1.205 billion soums. Liabilities reached 31.93 billion soums.

The company was founded based on the presidential decree No. 1713 from 25 April 1997. The founders are Ministry of Finance of Uzbekistan, Uzpakhtasanoat Association, Agrobank, Qishloqqurilishbank and others. UzAgrosugurta has over 205 branches and agencies across Uzbekistan.

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