Currency rates from 27/09/2024
$1 – 12736.48
UZS – -0.17%
€1 – 14193.53
UZS – -0.52%
₽1 – 137.60
UZS – -0.33%
Search
Finance 03/05/2012 Uzbekinvest’s net income hits 2.386bn soums in 2011
Uzbekinvest’s net income hits 2.386bn soums in 2011
Tashkent, Uzbekistan (UzDaily.com) -- Uzbekinvest national export–import insurance company posted net income at the size of 2.386 billion soums in 2011 against 1.944 billion soums in 2010.

According to the company, net revenue from sales of insurance services made up 16.962 billion soums in 2011 (9.345 billion soums in 2010). Insurance payouts reached 5.263 billion soums (5.36 billion soums).

Income of Uzbekinvest from financial activities exceeded 15.38 billion soums (15.101 billion soums), while expenses from financial activities hit 9.835 billion soums (8.279 billion soums).

According to financial report, the company’s assets made up 192.878 billion soums (174.77 billion soums), of which 128.091 billion soums (118.167 billion soums) were long-term assets, 62.167 billion soums (54.619 billion soums) – money resources and short-term investments.

The charter capital reached 3.453 billion soums. Net insurance reserves reached 23.362 billion soums (17.81 billion soums in 2010) in 2011. Undistributed income exceeded 2.386 billion soums.

Uzbekinvest national export–import insurance company is operating on insurance market in branch of “general insurance” and insures by all 17 types of insurance according to glossary of insurance activity. The company was founded in April 1994.

Stay up to date with the latest news
Subscribe to our telegram channel