| |
| |
| INTERIM CONSOLIDATED STATEMENT OF INCOME FOR THE THREE MONTH PERIOD ENDED March 31, 2007 |
| |
|
|
| |
(Amounts
in QR'000) |
| |
March 31, 2007
(Un-Audited)
QR'000 |
March 31, 2006
(Un-Audited)
QR'000 |
December 31, 2006
Audited
QR'000 |
| Revenue |
|
|
|
| Net Insurance Income |
69,078 |
49,697 |
159,969 |
| Investment Income |
87,468 |
73,059 |
293,835 |
| Other Income |
1,747 |
1,059 |
4,161 |
| |
------------ |
------------ |
------------ |
| Total Revenue |
158,293 |
123,816 |
457,965 |
| |
------------ |
------------ |
------------ |
| Expenses: |
|
|
|
| General and administrative expenses |
(20,322) |
(16,710) |
(63,519) |
| Depreciation on property and equipment |
(1,163) |
(886) |
(2,249) |
| Provision for doubtful debts |
(2,030) |
(2,038) |
(3,971) |
| |
------------ |
------------ |
------------ |
| Total Expenses |
(23,515) |
(19,634) |
(69,739) |
| |
-------------- |
------------ |
------------ |
| Net Profit Before Minority Interest |
134,778 |
104,182 |
388,226 |
| Minority Interest |
1,682 |
601 |
368 |
| Net Profit for the Year |
133,095 |
103,581 |
387,858 |
| Notes : |
- The above figures pertain to the period ended March 31, 2007
only and are not indicative of the company's full year performance.
- The computation of the above figures are in consistent with the accounting policies
applied in the preparation of the company financials for the year end closing as
at December 31, 2006
- The figures for the 3 month period ended March 31, 2007 are not reviewed by the external
auditors.
- These results have been published in accordance with the stipulations from the
Doha Securities Market.
- 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
President & CEO
|
|
|
