Main results of activity of Company of foreign insurance Kazakhinstrakh JSC (Kazakhstan) in 2006

01.03.07 12:00
/IRBIS, Natalya Kuznetsova, March 1, 07/ - Company of foreign insurance Kazakhinstrakh JSC (Almaty), within listing requirements, has presented Kazakhstan stock exchange (KASE) its non-audited financial statements for year 2006 prepared in accordance with international standards of financial statements. Similar indicators for 2005 are given in parentheses. According to the presented data, the company's net income for the mentioned period totaled KZT981.5 m. (KZT510.4 m.) According to data of Company of foreign insurance Kazakhinstrakh JSC, income from insurance activities for year 2006 made KZT3,423.4 m. (KZT2,606.2 m.) with charges for insurance payments KZT1,295.5 m. (KZT1,107.4 m.). Assets of Company of foreign insurance Kazakhinstrakh JSC as of January 1, 2007 totaled KZT7,914.4 m., compared to KZT3,794.3 m. as of January 1, 2006. At that liabilities of the company increased to KZT4,986.3 m. from KZT1,815.4 m. as of January 1, 2006. Equity capital of the company as of January 1, 2007 had reached KZT2,928.1 m., compared to KZT1,978.9 m. as of beginning of year 2006. Authorized capital did not change and is estimated by the company at KZT540.0 m. Original financial statements of Company of foreign insurance Kazakhinstrakh JSC for year 2006 is available on KASE's web-site at http://www.kase.kz/emitters/kzis.asp Shares of Company of foreign insurance Kazakhinstrakh JSC are traded in KASE's official "A" listing category. Company's primary activities - insurance activities. [2007-03-01]