2004

commission&acquisition cost Investments Claims paid premiums General and administratire Technical reserves Balance Distribution of profits Revenue&expenses Result Of Branches Income

2003\2002 2004\2003 Insurance Branches
proportion to total total proportion to total total

%12.09

1720902 %9.4 1439487 life
30.1% 42445461 27.8% 40515396 Non life
28.45% 44166363 26.1% 41954883 Total cost
The total acquisition cost for life & non-life During the financial year of 2003/2004,
reached the amount of 41.9 million pounds, with a proportion of 26.1% of the total of
issued premiums against 44.2 million pounds with a proportion of 28.5% in the previous
year according to the following table:

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