|
BALANCE SHEETS AS OF DECEMBER 31
|
| |
| LIABILITIES ( TL.
Milion ) |
|
|
| |
|
|
| I- ACCOUNTS
PAYABLE |
13.041.208
|
12.606.207
|
|
Current Accounts of Insurance and Reinsurance Companies |
7.661.790
|
9.714.819
|
|
Deposit Accounts of Insurance
and Reinsurance Companies |
2.494.685
|
1.947.874
|
|
Taxes and Other Liabilities Payable |
2.694.634
|
640.815
|
|
Compulsory Earthquake Insurance Commissions Payable to Agents |
0
|
8.529
|
|
Other Accounts Payable
|
190.099
|
294.170
|
| |
|
|
| II-
RESERVES |
34.062.184
|
50.178.749
|
|
A-Technical Reserves |
24.741.247
|
42.270.311
|
|
Reserves for Unearned Premium |
7.220.822
|
14.540.352
|
|
Reserves for Unearned Premium |
14.935.029
|
29.138.158
|
|
Reinsurers' Share in Reserves for Unearned Premium (-) |
-7.714.207
|
-14.597.806
|
|
Reserves for Outstanding
Losses
|
3.125.084
|
10.670.695
|
|
Reserves for Outstanding
Losses
|
29.368.684
|
19.552.884
|
|
Reinsurers' Share in Reserves
for Outstanding Losses (-) |
-26.243.600
|
-8.882.189
|
|
Reserves for Earthquake Losses |
590.440
|
907.821
|
|
Mathematical Reserves for Life Branch |
4.620.936
|
5.990.394
|
|
Mathematical Reserves for
Life Branch
|
4.620.936
|
5.990.394
|
| Reinsurers'
Share in Mathematical Reserves for Life Branch (-) |
0
|
0
|
|
Reserves for Outstanding
Losses for Life Branch
|
743.884
|
580.898
|
|
Reserves for Outstanding
Losses for Life Branch
|
769.145
|
614.317
|
|
Reinsurers' Share in Reserves
for Outstanding Losses for Life Br. (-) |
-25.261
|
-33.419
|
|
Reserves for Profit Share for
Life Branch
|
8.440.081
|
9.580.151
|
|
Reserves for Profit Share for
Life Branch
|
8.440.081
|
9.580.151
|
|
Reinsurers' Share in Reserves
for Profit Share for Life Branch (-) |
0
|
0
|
|
Other Technical Reserves
|
0
|
0
|
| B-
Free Reserves |
9.320.937
|
7.908.438
|
|
Reserves for Retirement and Severance Payments |
669.446
|
1.194.835
|
| Reserves
for Tax |
8.651.256
|
6.713.368
|
|
Other Free Reserves |
235
|
235
|
| |
|
|
| III- OTHER
LIABILITIES |
72
|
0
|
| |
|
|
| IV- SHAREHOLDERS'
EQUITY |
51.804.335
|
65.257.191
|
|
Paid-in Capital
|
33.750.000
|
33.750.000
|
|
Nominal Capital |
33.750.000
|
33.750.000
|
|
Capital Waiting for Registration |
0
|
0
|
|
Unpaid Capital (-) |
0
|
0
|
|
Legal Reserves |
1.356.806
|
2.788.695
|
|
Reserves for Extraordinary Losses |
0
|
0
|
|
Facultative Reserves
|
0
|
0
|
|
Extraordinary Reserves |
4.922.275
|
11.019.978
|
|
Revaluation Surplus Fund
|
4.143.605
|
10.024.725
|
|
Cost Increase Fund |
0
|
35.677
|
|
Special Funds
|
7.631.649
|
7.638.116
|
|
Loss (-) |
0
|
0
|
|
Loss of This Period (-) |
0
|
0
|
|
Loss From Previous Years (-) |
0
|
0
|
| |
|
|
| V- PROFIT |
14.468.343
|
35.831.876
|
|
Profit of the Period (Net) |
14.468.343
|
35.831.876
|
|
Profit From Previous Years
|
0
|
0
|
| |
| TOTAL LIABILITIES |
113.376.142
|
163.874.023
|
