BALANCE SHEET STATEMENT
January 1, 2006-December 31, 2006
Group of
accounts,
account
POSITION
1
2
AOP
Note
number
Current
year
Previous
year
3
4
5
6
001
1
522.117
696.113
1.1
3.763
1.2
328.284
319.786
173.340
165.910
154.944
153.876
190.070
376.327
ASSETS
A. UNPAYED REGISTERED CAPITAL AND
CONSTANT AMMOUNT- INVESTMENTS
(002+003+004 +005+009)
00
01, except
012
012
I. UNPAYED REGISTERED CAPITAL
II. NON-MATERIAL INVESTMENTS
(PROPERTY)
002
III.GOODWILL
IV. REAL ESTATE, INSTALLMENTS,
EQUIPMENT AND BIOLOGICAL MEANS
(006+007+008)
004
003
005
020, 022,
023, 026,
027 part
and 028
part
1. REAL ESTATE, INSTALLMENTS AND
EQUIPMENT WHICH SERVE FOR
PERFORMING THE ACTIVITY
006
021,027
part and
028 part
2. BIOLOGICAL MEANS
007
3.CAPITAL REAL ESTATE
V. LONG-TERM FINANCIAL STANDINGS
(010+014)
008
1. PARTICIPATION IN CAPITAL (011+012+013)
010
182.283
359.469
030, 039
part
a) dependent legal entities
011
4.413
10.481
031, 039
part
032, 039
part
b) other connected (incorporated) legal entities
012
013
177.870
348.988
024
c) other legal entities
009
1.3
033 part,
039 part
033 part
039 part
From 034
to 039,
except 037
10,13,15
14
20,21 and
22 except
223
223
2. Other long-term financial standings
a) in incorporated legal entities- main and
dependent
014
015
7.787
16.858
b) in other incorporated legal entities
016
c) other long-term financial standings
017
7.787
16.858
B. WORKING PROPERTY- DEMANDS
(019+020+021+034)
018
2
1.348.916
463.941
019
2.1
10.774
9.248
020
2.2
III. SHORT-TERM DEMANDS, STANDINGS
AND CASH
(022+023+024+028+029+030+031+032+033)
021
2.2
1. Demands
2. Demands for overpaid income tax
3. Short-term financial standings (025+026+027)
I. Supply
II. Constant means intended for selling and means
of managing that is to be suspended
0
1.338.142
454.693
022
244.872
206.720
023
83
3.651
024
817.732
6.969
230, 239
part
a) in incorporated legal entities- main and
dependent
025
231, 239
part
b) in other incorporated legal entities
026
c) other short-term financial standings
4. Ready equivalents and ready money
5. Tax for the additional amount
027
028
029
817.732
102.564
6.969
82.161
6. Active time limits
030
1.738
3.674
7. Beforehand paid costs for obtaining insurances
031
167.954
143.709
3.199
7.809
1.871.033
1.160.054
1.871.033
1.160.054
From 232
to 239,
except 237
24
26
27,except
274, and
278
274
275
276
278
8. Transferred premium of the insurance and
coinsurance which goes on the burden of the
coinsurer and reinsurer
9. Reserved damages of insurance and coinsurance
which goes on the burden of coinsurer and reinsurer
IV. DELAYED TAX MEANS
C. BUSSINES PROPERTY (001+018)
2.2.1
032
033
034
035
2.3
29
D. LOSS ABOVE THE AMOUNT OF CAPITAL
036
E. TOTAL ASSETS (035+036)
037
88
F. OFFBALANCE ASSETS
038
LIABILITIES
A. CAPITAL AND RESERVE
(102+107+108+109+110-113)
101
3
573.046
163.970
I. BASIC AND OTHER CAPITAL
(103+104+105+106)
102
3.1
303.317
227.239
1. Stock capital
103
302.400
201.250
303 and
304
2. State and social capital
104
306 and
307
3. Social deposits for mutual insurance
105
301 and
309
4. Shares and other capital
106
917
25.989
31
32
33
II. UNPAID REGISTERED CAPITAL
III. RESERVE
IV. REVALORIZED RESERVES
V. UNARRANGED PROFIT (111+112)
107
108
109
110
158.500
171.209
82.413
6.243
72.881
0
340
1. Unarranged profit in previous years
111
341
2. Unarranged profit in current year
112
35
VI. LOSS UP TO THE AMOUNT OF CAPITAL
113
VII. REEDEMED PECULIAR SHARES OF
STOCK
114
B. RESERVATIONS AND LIABILITIES
(116+122+126+135)
115
4
1.297.987
996.084
I. LONG-TERM RESERVATION
(117+118+119+120)
116
4.1
84.751
1.885
1. Mathematical reserve of life insurances
2. Reservations for participating in profit
3. Reservations for risk leveling
4. Reservations for bonus and reduction
117
118
119
120
84.751
1.885
300
037 and
237
400
401
402
405
3.2
3.3
3.4
82.413
3.5
142.393
142.393
403, 404,
409
5. Other long-term reservations
121
II. LONG-TERM LIABILITIES (123+124+125)
122
411
a) according to main and dependent legal entities
123
412
b) according to other connected legal entities
124
c) other long-term liabilities
125
III. SHORT-TERM LIABILITIES
(127+131+132+133+134)
126
1. Short-term financial liabilities (128+129+130)
127
420
a) according to main and dependent legal entities
128
421
b) according to other connected legal entities
129
c) other short-term liabilities
130
427
2. Liabilities on the basis of constant
131
43
3. Liabilities on the basis of damages and arranged
amounts
132
210
4. Liabilities for premium, gain profit and other
liabilities
133
67.170
53.997
5. Liabilities for tax from result
IV. PASIVE TIME LIMITS (136+14
1. Transferable premium (137+138+139)
a) of life insurances
b) of non-living insurances
134
135
136
137
138
6.471
1.127.715
722.281
928.779
609.309
722.281
609.309
410 and
from 413
to 419
From 422
to 429
except 427
44, 45, 46,
47 except
474
490
491
4.2
4.3
4.3.1
4.4
4.4.1
1.328
1.677
1.328
1.677
73.851
53.997
0
0
492
c) of coinsurances, reinsurances and retrocession
139
493
494
2. Reserved damages (141+142+143)
a) of life insurances
b) non-living insurances
140
141
142
c) share in the damages of coinsurances,
reinsurances and retrocession
143
3. Other passive time limits
144
V. POSTPONED TAX LIABILITIES
C.TOTAL ASSETS (101+115)
D. OFFBALANCE ASSETS
145
146
147
495
From 496
to 499
except 497
497
89
In
Person responsible for the balance sheet
Kragujevac
February 28, 2007
M.P.
4.4.2
330.379
313.089
330.379
313.089
4.4.3
75.055
6.381
4.5
10.342
1.871.033
9.746
1.160.054
Manager
INCOME STATEMENT
January 1, 2006-December 31, 2006
Group of
accounts
POSITION
AOP
Note
number
Current
year
Previous
year
1
2
3
4
5
6
201
6.1
1.347.735
721.891
202
6.1.1
1.309.790
703.771
1.445.753
1.141.661
A. BUSSINES INCOME AND EXPENSES
I. BUSSINES (FUNCTIONAL) INCOME
(202+209-215+216+217+218)
1. Income from insurance and reinsurance
premium ( 203+204-205-206-207+208)
600, 601,
602 part
1.1. Balanced premium of life insurances and
coinsurances
203
610, 611,
612, 613,
619
1.2. Balanced premium of non-living insurances
and coinsurances
204
512 part,
523 part
1.3. Premium transferred to coinsurancepassive
205
512 part,
523 part
1.4. Premium transferred to reinsurance
206
23.022
6.438
60 part, 61
part
1.5. Increase of transferable premium of
insurance and coinsurance
207
132.332
431.452
60 part, 61
part
1.6. Decrease of transferable premium of
insurance and coinsurance
208
19.361
2. Income from premium of reinsurances and
retrocession (210-211-212-213+214)
209
602 part,
614, 615
2.1. Balanced premium of reinsurances and
retrocession
210
514, 525
2.2. Commission from the dealings in
reinsurances and retrocession
211
512 part,
523 part
2.3. Premium transferred by retrocession of
reinsurances and retrocession
2.4. Increase of transferable premium of
reinsurances and retrocession
213
60 part, 61
part
2.5. Decrease of transferable premium of
reinsurances and retrocession
214
61 part, 61
part
3. Increase of transferable premium of
insurances, coinsurances, reinsurances and
retrocession for unexpired risks
4. Income from the business directly connected
to insurance business
608 part,
653 part,
655 part,
66 part
608 part,
609, 639,
64, 653
part, 655
part, 659
part
0
13.740
212
60 part, 61
part
606, 650,
654, 659
part
0
215
216
6.1.2
31.200
5. Income from depositing and investing of
means of technical reserves of insurances,
reinsurances and retrocession
217
6.1.3.
1.635
6. Other business income
218
6.1.4
5.140
4.380
219
5.1
531.685
456.223
162.126
72.067
II. Business (functional) expenses
(220+228+236-245+246-247+248+249+250)
1. Expenses for long-term reservations and
functional contribution
(221+222+223+224+225+226+227)
1.1. Mathematical reserve of life insurances,
220
500
221
501
except voluntary old-age insurance
1.2. Mathematical reserve of voluntary old-age
insurance
502
503
504
505
1.3 Contribution for the prevention
1.4. Fire company contribution
1.5. Contribution to Guarantee fund
1.6. Reserving for risk leveling
223
224
225
226
509
1.7. Other expenses for long-term reserving and
functional contribution
227
2. Expenses of damage compensation and
arranged amounts (229+230+231+232+233-234235)
222
228
510, 511
2.1. Liquidated damages and arranged amounts
of life insurances
229
520, 521,
522
2.2. Liquidated damages of non-living
insurances
230
513 part,
524 part
2.3. Liquidated damages- shares in the damages
of coinsurances
231
513 part,
524 part
2.4. Liquidated damages- shares in the damages
of reinsurances
232
53 part, 54
part and
55 part
603 part,
620, 621,
629 part
603 part,
622, 623,
624, 625,
629 part
2.5. Expenses of inspection, evaluation,
liquidation and payment of compensations of
damages and arranged amounts
2.6. Income from the participation of
coinsurances in compensation of damages
2.7. Income from the participation of
reinsurance and retrocession in compensation
of damages
5.1.2.
2.788
931
75.107
83.300
6.055
1.424
64.588
362.595
238.442
313.255
219.336
233
234
235
5.894
3. Reserved damages- increase (238-239+240241+242-243+244-245)>0
236
5.1.3.
17.291
200.255
3.Reserved damages- decrease (238-239+240241+242-243+244-245)<0
237
5.1.3
0
0
3.1. Reserved damages of life insurance
3.2. Reserved damages of life insurance
238
239
526
3.3. Reserved damages of non-living insurances
240
330. 379
313.088
630
3.4. Reserved damages of non-living insurances
241
313.088
112.833
3.5. Reserved damages of coinsurances,
242
515
604 part
516, 527
reinsurances and retrocession
604 part,
632
3.6. Reserved damages of coinsurances,
reinsurances and retrocession
513 part
3.7. Increase of reserved damages- participation
of coinsurers, reinsurers and retrocessioners in
damages
243
244
637, 635,
637
3.8. Decrease of reserved damagesparticipation of reinsurers, that is
retrocessioners in damages
245
607, 652
4. Regress- income on the basis of regress
246
517, 529
5. Increase of other technical reserves
247
604 part,
631, 638
518, 528
53 part, 54
part, 55
part, 56
part
50 part, 51
part, 52
part
6. Decrease of other technical reserves
248
7. Expenses for bonus and discount
8. Expenses on the basis of depositing and
investing of means of technical reserve
249
9. Other business expenses
251
III. Gain- gross business result (201-219)
252
816.050
265.668
IV. Loss- gross business result (219-201)
253
0
0
B. Expenses of insurance realization
(255+260+265-266)
254
5.2
594.440
337.772
1. Expenses of supplying (256+257-258+259)
255
5.2.1
337.021
245.425
1.1. Commission
256
20.802
12.593
1.2. Other expenses of supplying
257
316.219
232.832
1.3 Change of restricted expenses of supplyingincrease
258
542 part
53 part, 54
part, 55
part
274
6.1.5
11.688
45.594
6.1.6
494
8.947
250
1.855
274
530
54 part
55 part
53 part, 54
part, 55
part
53 part, 54
part, 55
part
605, 651
66 part
56 part
1.4 Change of restricted expenses of supplyingdecrease
259
2. Management expenses (261+262+263+264)
2.1. Amortization
260
261
2.2 Expenses of material energy, services and
non-material expenses
5.2.2
218.899
10.021
71.772
9.862
262
84.587
9.264
2.3 Profit expenses, of profit compensation and
other personal expenses
263
91.042
51.139
2.4 Other management expenses
264
33.249
1.507
38.520
20.575
3. Other expenses of insurance realization
265
5.2.3
4. Commission from reinsurance and
retrocession
266
I. Business profit- net business result (252-254)
267
221.610
0
II. Business loss- net business result (254252+253)
268
0
72.104
III. Financial income, except financial income
on the basis of means of technical reserves
IV. Financial expenses, except financial
expenses on the basis of the means of technical
reserves
269
6.2
16.765
24.875
270
5.3
57.344
5.915
67, 68
V. Income from leveling of the property value
and other income
271
6.3
121.072
49.038
57, 58
VI. Expenses on the basis of property disparage
and other expenses
VII. Profit from regular functioning of the
business (267+269+271-268-270-
272
5.4
193.720
136.140
108.383
0
273
VIII. Loss from regular functioning of the
business (268+270+272-267-269-271)
274
69-59
IX. Net loss of business that is to be suspended
275
59-69
X. Net loss of business that is to be suspended
276
C. Profit before tax (273+275-274-276)
D. Loss before tax (274+276-273-275)
E. Income tax
1.
Income tax
Profit on the basis of creating
2.
postponed tax means and decrease
of postponed tax liabilities
Loss on the basis of decrease of
3.
postponed tax means and creating
of postponed tax liabilities
F. Net profit (277-278-280+281-282)
G. Net loss (278-277+280-281+282)
277
278
279
280
I. Net loss which belongs to minority investors
285
J. Net loss which belongs to the owners of main
corporation
286
K. Share profit
1.
Basic share profit (in dinars)
287
288
2.
289
In
Kragujevac
February 28, 2007
Reduced (separated) share profit (in
dinars)
Person responsible for the sheet
0
140.246
0
5.5
18.903
89.480
0
0
140.246
65
6.471
7.2
596
2.147
82.413
0
0
142.393
281
282
283
284
M.P.
Manager