2003

commission&acquis Revenue&expenses Distribution of profits Income Technical reserves Investments premiums Genera and admin Claims paid Balance Resultof profit

Distribution Of  Profit

16751411

 

 

NET PROFIT THE YEAR AFTER

 

 

 

THE DEDUCTION OF TAXES

 

837571

 

5% LEGAL RESERVE

 

 

 

5% OF THE PAID CAPITAL                                               ( FIRST SHARE ):

 

 

2250000

FOR SHAREHOLDERS

 

3337571

250000

 

FOR EMPLOYEES

13413840

 

 

TOTAL

 

1341384

 

 

NET

 

12072456

 

 

10% REMUNERATION OF THE

 

 

 

MEMBERS OF THE BOARD OF

 

 

 

DIRECTORS

3014145

 

 

NET

15086601

 

 

PROFITS DEFERRED FROM the previous year

 

 

 

17.5% OF THE PAID CAPITAL

 

 

 

(SECOND SHARE ) :

 

 

7875000

FOR THE SHAREHOLDERS

8750000

 

875000

FOR THE EMPLOYEES

6336601

 

 

 

3000000

 

 

Free share to increase the paid up capital

3336601

 

 

Profits forwarded to next year

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