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INVESTOR INFORMATION
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Consolidated Statement of Income For the nine months ended 31 December 2009 In thousands of Qatari Riyals
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2009
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2008
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| Gross premiums |
2,149,742 |
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1,972,307 |
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| Premiums ceded to reinsurers |
(1,013,901) |
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(997,873) |
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| Net premium |
1,135,841 |
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974,434 |
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| Movement in unexpired premiums |
(80,166) |
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(106,998) |
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| Net earned premium |
1,055,675 |
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867,436 |
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| Gross claims paid |
(973,008) |
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(672,101) |
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| Reinsurance recoveries |
508,283 |
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312,522 |
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| Movement in outstanding claims |
(107,764) |
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(142,503) |
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| Net commission |
(88,380) |
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(58,729) |
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| Net underwriting results |
394,806 |
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306,625 |
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| Investment income |
303,826 |
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371,713 |
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| Rental income |
40,458 |
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34,057 |
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| Other income |
1,712 |
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2,077 |
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| Total income |
740,802 |
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714,472 |
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| Operating and administrative expenses |
(161,152) |
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(158,566) |
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| Depreciation |
(18,940) |
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(16,536) |
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| Profit before contribution to social fund |
560,710 |
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539,370 |
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| Contribution to social fund |
(8,241) |
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(9,287) |
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| Profit for the year |
552,469 |
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530,083 |
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| Equity holders of the parent |
532,803 |
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510,799 |
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| Non-controlling interests |
19,666 |
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19,284 |
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552,302 |
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530,083 |
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| Basic and diluted earnings per share (QR) (restated) |
7.17 |
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6.87 |
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| Cash dividend per share (QR) |
5.00 |
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3.00 |
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