In line with the decision of the shareholders, the company directed 5% of net income for 2011 or 53.47 million soums to form reserve fund of the enterprise.

Other part of net income for 1.016 billion soums, shareholders retained till next meeting of shareholders.

As reported earlier, net income of Ingo-Uzbekistan insurance closed joint stock company grew from 793.853 million soums in 2010 to 1.069 billion soums in 2011.

Ingo-Uzbekistan is subsidiary of the Russian Ingosstrakh open insurance joint stock company.