Atlantic insurance company public limited



Download 94.37 Kb.
Date07.02.2018
Size94.37 Kb.
#40286

ATLANTIC INSURANCE COMPANY PUBLIC LIMITED



CONSOLIDATED PROFIT AND LOSS ACCOUNT

For the year ended December 31, 2009

































2009

2008







'000

€'000













Income from operations










Gross premiums




22.146

21.052

Contract fees




738

746

Reinsurance share

 

(5.580)

(4.761)

Net premiums




17.304

17.037

Transfer to unearned premiums

 

(27)

(256)

Net earned premiums




17.277

16.781

Other income from insurance activities




999

1.050

Income from financial activities




2.761

3.033

 




21.037

20.864

Expenses










Claims from insured




9.488

8.455

Commissions payable from insurance activities




1.121

1.030

Fees payable for financial activities




1.450

1.730

Administrative expenses




4.111

4.095

 




16.170

15.310

Profit from operations



4.867

5.554

Loss from sale and revaluation of investments




(742)

(2.095)

Other income from investments




172

287

Net finance income




1.145

948

Profit before taxation




5.442

4.694

Taxation




(617)

(605)

Profit after taxation




4.825

4.089

Minority interest




(233)

(343)

Profit attributable to shareholders




4.592

3.746













Basic earnings per share (cent)




11,74

9,58


ATLANTIC INSURANCE COMPANY PUBLIC LIMITED
CONSOLIDATED BALANCE SHEET

December 31, 2009









2009

2008







'000

€'000

Non current assets










Tangible assets




7.939

6.731

Investment property




5.887

6.298

Financial assets available for sale




4.272

3.934

Total non current assets

 

18.098

16.963













Current assets










Debtors and other accounts




16.576

14.434

Financial assets held for trading




3.043

3.304

Cash and bank balance




24.407

21.783

Total current assets

 

44.026

39.521













Total assets

 

62.124

56.484













Equity










Share capital




13.297

13.297

Reserves

 

17.280

14.663

Equity attributable to shareholders




30.577

27.960













Minority interest




1.627

971

Total equity

 

32.204

28.931













Non current liabilities










Deferred taxation




548

406

 

 

548

406













Current liabilities










Stock for unearned premiums and pending claims




19.442

17.568

Bank overdrafts and short term loans




17

2.584

Other liabilities




9.913

6.995

 

 

29.372

27.147













Total equity and liabilities

 

62.124

56.484

Directory: media -> announce word
media -> Tsunami Terror Alert: Voices of Youth
media -> Biblical Eschatology Presentation by: D. Paul Beck May 4, 2016 Ground Rules
media -> Guide to completing the collection using the Omnibus system
media -> The milk carton kids
media -> Events Date and Location
media -> The Gilded Age: The First Generation of Historians by H. Wayne Morgan University of Oklahoma, April 18, 1997
media -> Analysis of Law in the United Kingdom pertaining to Cross-Border Disaster Relief Prepared by: For the 30 June 2010 Foreword
media -> Cuba fieldcourse 2010
announce word -> Activities During the period, the Group’s activities focused on the conduct of activities in the general insurance sector and the provision of financial, advisory and brokerage services via its subsidiary Atlantic Securities Ltd
announce word -> Activities During the period, the Group’s activities focused on the conduct of activities in the general insurance sector and the provision of financial, advisory and brokerage services via its subsidiary Atlantic Securities Ltd

Download 94.37 Kb.

Share with your friends:




The database is protected by copyright ©ininet.org 2024
send message

    Main page