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| |
| Condensed Consolidated Interim Statement of Financial Position As at 31 March 2010 |
| |
|
|
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March 31
Un-audited
|
December 31, 2010
Audited
|
| ASSETS |
|
|
| Cash and cash equivalents |
2,356,838 |
2,203,200 |
| Insurance and other receivables |
652,255 |
466,573 |
| Reinsurance contract assets |
1,167,944 |
1,079,292 |
| Investment in associate Company |
50,500 |
50,500 |
| Investments |
2,799,111 |
2,569,987 |
| Investment properties |
392,540 |
395,148 |
| Property and equipment |
29,760 |
30,922 |
| |
|
|
| TOTAL ASSETS |
7,448,948 |
6,795,622 |
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|
|
| LIABILITIES AND EQUITY |
|
|
| |
|
|
| LIABILITIES |
|
|
| Short term borrowings |
1,429,758 |
922,620 |
| Provisions, reinsurance and other payables |
870,412 |
795,400 |
| Insurance contract liabilities |
2,271,591 |
2,098,575 |
| |
|
|
| TOTAL LIABILITIES |
4,571,761 |
3,816,595 |
| |
|
|
| EQUITY |
|
|
| Share capital |
743,243 |
743,243 |
| Legal reserve |
462,200 |
466,702 |
| General reserve |
287,000 |
287,000 |
| Catastrophe special reserve |
100,000 |
- |
| Fair value reserve |
537,202 |
489,474 |
| Retained earnings |
602,422 |
867,656 |
| |
|
|
| Equity attributable to equity holders of the parent |
2,732,067 |
2,854,075 |
| Non-controlling interests |
145,120 |
124,952 |
| |
|
|
| Total equity |
2,877,187 |
2,979,027 |
| |
|
|
| TOTAL LIABILITIES AND EQUITY |
7,448,948 |
6,795,622 |
| |
Notes : |
* The above figures pertains to the 1st Quarter ended March 31, 2010 only and are not indicative of the company's full year
performance.
* The figures for the 3 month period ended March 31, 2010 are not reviewed by the external auditors.
* These results have been published in accordance with the stipulations from Qatar Exchange.
* Certain comparative amounts have been reclassified in order to conform with the presentation of the current period financial
statements. |
|
HE Sheikh Khalid Bin Mohammed Bin Ali Al- Thani
Chairman and Managing Director |
Khalifa Abdulla Al-Subaey
Group President & CEO |
|
|
