Auditor’s report on financial statements of London-Almaty Insurance Company for 2018 released

02.07.19 15:38
/KASE, July 2, 2019/ – London-Almaty Insurance Company (Almaty), whose shares are officially listed on the Kazakhstan Stock Exchange (KASE), provided KASE with auditor's report on the company's financial statements for 2018. According to audited data as at December 31, 2018 (in thous. KZT, unless otherwise specified): ---------------------------------------------------------------- as at as at Indicator Dec. 31, 2018 Dec. 31, 2017 ------------------------------------ ------------- ------------- Equity 7,675,236 7,932,633 Total assets 12,924,172 14,411,468 Total liabilities 5,248,936 6,478,835 Net income (net loss) 823,079 703,349 Book value of an ordinary share, KZT 5,042.00 5,209.00 ROA, % 6.37 4.88 ROE, % 10.72 8.87 ---------------------------------------------------------------- The company's financial statements for 2018 were audited by Grant Thornton LLP. According to the auditor’s report, financial statements present fairly, in all material respects, the financial position of London-Almaty Insurance Company as at December 31, 2018, and its financial results and cash flows for the year then ended in accordance with IFRS. The report is available on KASE website (in Russian) at http://kase.kz/files/emitters/LNAT/lnatf6_2018_rus.pdf [2019-07-02]