Cash Flow Statement
For the Year ended December 31 2010
			Unit:USD
Items	Notes
Operating activities
Calls and premiums received			14,920,791.34
Claims recoveries from 3rd party			239,811.34
Reinsurance recoveries			7,946,728.56
Interest received & exchange profit			465,868.20
Other income			1,977,615.28
Subtotal		A	25,550,814.72
Claims paid			8,348,606.33
Reinsurance premiums paid			8,698,120.78
Operating expenses paid			1,240,283.63
Loss prevention paid			-
Brokerage paid			263,985.59
Bank charges & exchange loss			7,918.50
Other expenses paid			-
Subtotal		B	18,558,914.83
Net cash flow from operating activities		A-B=C	6,991,899.89
Investing activities
Sale of  investments			-
Investment income received			2,727,589.02
Subtotal		D	2,727,589.02
Purchase of investments			14,452,332.23
Subtotal		E	14,452,332.23
Net cash flow from investing activities		D-E=F	(11,724,743.21)
Net increase in cash and cash equivalents		C+F	(4,732,843.32)
Cash balances at beginning of period			22,598,436.15
Cash balances at end of period			17,865,592.83