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Balance Sheet |
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February 20 2008 |
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Unit:USD |
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TotaL |
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P&I |
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FDD |
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Items |
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Notes |
2007/2008 |
2006/2007 |
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2007/2008 |
2006/2007 |
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2007/2008 |
2006/2007 |
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Assets |
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Cash balance |
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35,075,953.29 |
28,468,931.05 |
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35,075,953.29 |
28,468,931.05 |
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- |
- |
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Guarantee |
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3,120,351.47 |
3,120,351.47 |
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3,120,351.47 |
3,120,351.47 |
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- |
- |
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Calls and premiums receivable |
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1,738,641.10 |
1,775,717.38 |
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1,738,443.84 |
1,775,717.38 |
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197.26 |
- |
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Co-insured recoveries
receivable |
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1,842,609.03 |
126,590.74 |
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1,842,609.03 |
126,590.74 |
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- |
- |
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Sundry debtors |
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3 |
5,807,977.97 |
5,048,893.66 |
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5,807,977.97 |
5,048,893.66 |
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- |
- |
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Total current assets |
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47,585,532.86 |
38,540,484.30 |
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47,585,335.60 |
38,540,484.30 |
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197.26 |
- |
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Long-term investments |
4 |
344,846,149.62 |
176,888,703.41 |
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344,470,322.97 |
176,558,141.77 |
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375,826.65 |
330,561.64 |
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Total long-term investments |
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344,846,149.62 |
176,888,703.41 |
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344,470,322.97 |
176,558,141.77 |
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375,826.65 |
330,561.64 |
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Fixed assets |
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3,476,349.19 |
3,215,380.85 |
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3,476,349.19 |
3,215,380.85 |
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- |
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Less: Accumulated depreciation |
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617,349.25 |
499,127.75 |
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617,349.25 |
499,127.75 |
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- |
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Net fixed assets |
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2,858,999.94 |
2,716,253.10 |
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2,858,999.94 |
2,716,253.10 |
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- |
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Total assets |
A |
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395,290,682.42 |
218,145,440.81 |
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394,914,658.51 |
217,814,879.17 |
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376,023.91 |
330,561.64 |
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Liabilities |
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Short-term loans |
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- |
7,363,579.99 |
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- |
7,363,579.99 |
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Liabilities provision |
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8 |
31,944,353.27 |
43,308,937.00 |
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31,807,370.27 |
43,200,337.00 |
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136,983.00 |
108,600.00 |
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Sundry creditors |
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3 |
7,671,517.55 |
2,991,746.20 |
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7,675,668.11 |
3,000,551.70 |
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(4,150.56) |
(8,805.50) |
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Guarantee payable |
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- |
- |
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- |
- |
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Total liabilities |
B |
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39,615,870.82 |
53,664,263.19 |
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39,483,038.38 |
53,564,468.69 |
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132,832.44 |
99,794.50 |
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Reserves |
C |
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355,674,811.60 |
164,481,177.62 |
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355,431,620.13 |
164,250,410.48 |
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243,191.47 |
230,767.14 |
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Total liabilities &
reserves |
D=B+C |
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395,290,682.42 |
218,145,440.81 |
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394,914,658.51 |
217,814,879.17 |
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376,023.91 |
330,561.64 |
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