Balance Sheet
December 31 2010
Unit:USD
Items Notes 2010 2009
Assets
Cash balance       17,865,592.83       22,598,436.15
Guarantee                        -                          -  
Calls & premiums receivable           328,153.76           661,077.65
Reinsurance recoveries receivable 3       34,224,886.04       12,965,014.60
Sundry debtors         2,210,953.09         4,065,425.24
    Total current assets       54,629,585.72       40,289,953.64
Long-term investments 4       23,532,606.99         9,080,274.76
    Total Long-term investments       23,532,606.99         9,080,274.76
       Total assets      78,162,192.71    49,370,228.40
Liabilities
Liabilities provision 5       43,072,672.91       13,524,158.24
Sundry creditors           123,143.13                        -  
     Total liabilities        43,195,816.04       13,524,158.24
Reserves 6       34,966,376.67       35,846,070.16
 Total liabilities & reserves      78,162,192.71    49,370,228.40