INVESTOR INFORMATION

Financials 2008

Financials 2009
QIC Stock
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S&P Rating
   
 
 
CONSOLIDATED BALANCE SHEET as at 31 December 2008
     
  2008 2007
ASSETS    
Cash and cash equivalents 1,541,872 1,387,062
Insurance and other receivables 439,943 404,705
Reinsurance contract assets 900,728 717,778
Investments 2,722,382 3,059,307
Investment properties 401,102 261,048
property and equipment 33,153 30,788
     
TOTAL ASSETS 6,039,182 5,860,686
     
LIABILITIES AND EQUITY    
     
LIABILITIES    
Short term borrowings 956,600 486,200
Provisions, reinsurance and other payables 661,105 579,175
Insurance contract liabilities 1,732,081 1,299,630
     
TOTAL LIABILITIES 3,349,786 2,365,005
     
EQUITY    
Share capital 424,710 424,710
Legal reserve 601,854 565,498
General reserve 287,000 287,000
Fair value reserve 612,326 1,563,992
Retained earnings 637,301 555,950
     
Equity Attributable to Equity Holders of the Parent 2,563,191 3,397,150
Minority Interest 126,203 98,531
     
Total equity 2,689,394 3,495,681
     
TOTAL LIABILITIES AND EQUITY

6,039,180

5,860,686
 
 
HE Sheikh Khalid Bin Mohammed Bin Ali Al- Thani
Chairman and Managing Director
Khalifa Abdulla Al-Subaey
President & CEO