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Home > Income Statement (Figures in AED 000s)
DESCRIPTION
2009
2008
2007
INCOME
     

Net Underwriting Profit

14,663
21,894
  18,757

Dividends Income

11,258
10,153
  11,426

Rental Income

11,099
9,972
  9,398

Interest Income

 3,414
 1,630
 1,954

Profit on Sale of Investments

-
16,670
48,005

Gain on Fair Value Re-Measurement of Investment properties

35,299
75,363
-

Gain on scale of Investment properties

1,000
4,319
-

Other Income

318
1,295
234

Total Income

75,051
141,296
89,774

EXPENSES

 
 
 

Net of Write Back

4,246
3,461
(105)

Provision for Impairment Loss

35,644
85,424
-

Interest Expense

9,246
7,473
11,371

General & Administration

13,030
13,148
10,559
Total Expenses
62,166
109,506
21,825
NET PROFIT OR LOSS
12,885
31,790
67,949

Balance Sheet | Underwriting Results

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