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Financials 2004

Financials 2005
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ANNUAL REPORT 2005

  
CONSOLIDATED STATEMENT OF INCOME  
 
    2005     2004  
  Note QR’000     QR’000
  
REVENUE            
Net Insurance Income   89,754     64,854  
Investment income 15 252,315     106,170  
Other income   4,165     3,464  
             
    -------------------     -----------------  
Total revenue   346,234     174,488  
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EXPENSES            
             
             
General and administrative expenses   (55,832)     (44,396)  
Provision for doubtful debts   (2,037)     (3,298)  
Depreciation of property and equipment   (3,385)     (2,992)  
             
    -------------------     -----------------  
Total expenses   (61,254)     (50,686)  
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Net Profit for the year 16 284,980     123,802  
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Attributable to:            
Equity holders of the parent   284,051     124,053  
    -------------------     -----------------  
Minority Interest   929     (251)  
    -------------------     -----------------  
             
Adjusted Basic Earnings per Share 17 10.2     4.93  
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