Income and Expenditure account
For the Year ended December 31 2005
					Unit：USD
Items		Notes		2005	2004
Calls and premiums		7	A	6,269,714.76	3,700,368.09
Incurred Claims		8	B	1,814,648.70	199,530.40
Other expenditure			C	924,613.49	537,435.09
	Brokerage			29,006.63	6,506.50
	Operating expenses			935,198.97	536,084.91
	Financial expenses thereinto:			(39,592.11)	(5,156.32)
	Exchange profit & loss			(23,269.67)	(105.18)
	Interest			(20,679.63)	(7,621.79)
	Bank charges			4,357.19	2,570.65
Surplus from operating activities		A-B-C=D		3,530,452.57	2,963,402.60
Investment income		4	E	888,679.43	887,792.40
Surplus for the year		D+E=F		4,419,132.00	3,851,195.00
Reserves at beginning of year			J	4,830,154.20	978,959.20
Reserves at end of year			F+J	9,367,490.75	4,830,154.20