BALANCE
SHEET AS AT YEAR ENDING (Figures
in AED 000s) |
| |
DESCRIPTION |
|
Year 2009 |
Year 2008 |
Year 2007 |
ASSETS |
|
|
|
|
| Cash
& Bank Balances |
|
113,192 |
86,991 |
85,007 |
| Investment
in Securities |
|
329,231 |
278,241 |
450,142 |
| Investments Properties |
|
326,837 |
263,351 |
190,969 |
| Accounts
Receivables |
|
100,747 |
96,672 |
83,745 |
| Furnitures & Equipment |
|
4,679 |
37,896 |
8,053 |
| |
Total |
874,686 |
763,151 |
817,916 |
LIABILITIES |
|
|
|
|
| Insurance
Funds |
|
155,880 |
135,871 |
81,605 |
| Accounts
Payables & Accruals |
|
73,046 |
57,650 |
48,043 |
| Bank Over Draft |
|
135,113 |
135,884 |
62,686 |
| Term Loan |
|
34,000 |
43,645 |
53,645 |
| |
Total |
398,039 |
373,050 |
245,979 |
EQUITY |
|
|
|
|
| Capital |
|
120,000 |
120,000 |
120,000 |
| Reserves |
|
104,393 |
100,881 |
81,991 |
| Investment
Fluctuation Reserve |
|
61,145 |
-25,489 |
168,812 |
| Retained
Earnings |
|
182,709 |
182,709 |
183,134 |
| Proposed
Dividends |
|
12,000 |
12,000 |
18,0000 |
| |
Total |
480,247 |
390,101 |
571,937 |
Income
Statement | Underwriting Results
|
