Profit-and-loss report-2014

Insurance activities

496 901 802,46

Premium, assigned to reinsurance

-429 113 592,50

Change of unearned premium provisions

37 019 238,98

Change of reinsurers share in unearned premium provisions

-42 598 701,74

Net earned premium

62 208 747,20

Gross paid losses

-10 280 067,00

Reinsurers share in losses

5 060 885,74

Change of losses provisions

-8 689 811,77

Change of reinsurers share in losses provisions

3 541 002,94

Occurred losses net

-10 367 990,09

Change of other insurance technical provisions

Costs of doing business, total

-35 030 580,67

Including acquisition expenses

-14 682 102,53

Including administrative expenses

-26 812 577,86

Including commission for risks assigned to reinsurance

6 464 099,72

Other incomes from insurance activities

5 079,00

Other costs for insurance activities

Net technical result from insurance activities

16 815 255,43

Investment activities result

12 348 638,58

Including investment income 

12 462 559,35

Including investment expenses

-113 920,77

Other incomes

8 869 934,10

Accounting period result before taxation

38 033 828,11

Taxes

-3 931 593,40

Net profit

34 102 235