Financial indicators
Main Financial Results in 2006
| Basic financial indices | (UAH thous) | ||
| 01.01.2005 | 01.01.2006 | 01.01.2007 | |
| authorized capital | 18 603,3 | 18 603,3 | 60 000,0 |
| owner’s capital | 48 123,4 | 48 898,8 | 108 873,0 |
| guarantee fund | 27 728,1 | 30 295,5 | 48 873,0 |
| insurance reserves | 39 961,4 | 54 151,1 | 57 903,8 |
| total assets | 98 835,7 | 124 631,8 | 190 876,4 |
In 2007 the authorized capital of the Company has increased by 3.2 times and now amounts to UAH 60 million.
Structure of insurance payments in 2006.
| Payments in view of insurance types | Payments in 2004, UAH thous | Payments in 2005, UAH thous | Payments in 2006, UAH thous |
| Personal | 4 235,1 | 6 318,3 | 11 597,8 |
| Property (incl. transport) | 50 880,6 | 62 300,4 | 90 127,4 |
| Obligatory | 40 623,1 | 55 002,9 | 47 167,4 |
| Voluntary of responsibility | 2 133,0 | 19 360,0 | 20 787,3 |
| Total: | 97 871,8 | 142 981,6 | 169 804,2 |
During year 2006 a permanent tendency of increase in insurance payments by all types of voluntary insurance could be traced, being the evidence of the Company headily gaining the credibility of its clients. Thus, volumes of insurance payments by personal insurance have increased by 83.5% in comparison with year 2005 and by 173.8% in comparison with year 2004. Volumes of insurance payments by property insurance have increased by 44.66% in comparison with year 2005. Slight decrease in involvement of insurance payments occurred only by obligatory insurance due to the deficiency of Laws in the sphere of voluntary responsibility insurance of vehicle owners (under standard agreements). Generally the amount of all involved insurance payments in year 2006 was 18.8 % more than in year 2005 and 73% more than in year 2004.
| Types of insurance | Payments, UAH thous | Share, % |
| Personal | 11 598 | 7% |
| Property | 90 127 | 53% |
| Voluntary of responsibility | 20 787 | 12% |
| Obligatory | 47 167 | 28% |
| Total: | 169 804 | 100% |
The major share among insurance payments takes property insurance, amounting to 53% in comparison with 43.6% of year 2005. Specific weight of personal insurance payments has increased from 4.4% of year 2005 to 7% of year 2006. There was no significant change in the share of obligatory and voluntary responsibility insurance payments, since the share of voluntary responsibility insurance premiums has amounted to 12% in year 2005.
Structure of insurance pay-offs in year 2006
| Pay-offs view of insurance types | Pay-offs in 2004, UAH thous | Pay-offs in 2005, UAH thous | Pay-offs in 2006, UAH thous |
| Obligatory | 12 379,9 | 15 530,8 | 20 577,6 |
| Voluntary of responsibility | 248,3 | 382,6 | 825,2 |
| Personal | 2 072,1 | 2 926,0 | 3 431,0 |
| Transport | 18 906,1 | 25 179,0 | 28 326,6 |
| Property | 140,5 | 300,8 | 2 365,2 |
| Total: | 33 746,9 | 44 319,2 | 55 525,6 |
There was no significant change in the structure of insurance pay-offs in 2006 in comparison with year 2005. As in 2005 the largest share of pay-offs consists of transport insurance payments.
| Types of insurance | Pay-offs, UAH thous | Share, % |
| Personal | 3 431,0 | 6,2% |
| Property | 2 365,0 | 4,3% |
| Transport | 28 327,0 | 51,0% |
| Voluntary of responsibility | 825,0 | 1,5% |
| Obligatory | 20 578,0 | 37,0% |
| Total: | 55 526,0 | 100,0% |
Pay-offs increase and null indebtedness to the clients testify the reliability of the Company in the insurance services market.
