Balance sheet
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     Parent company  Consolidated accounts
    As at As at As at As at
Amounts in USD 000's Notes 20.02.16 20.02.15 20.02.16 20.02.15
           
Assets          
Intangible          
Other intangible assets 10 0 0 2,231 2,338
Total intangible assets   0 0 2,231 2,338
           
Investments          
Property and plant used in operations 11 0 0 25,285 29,047
           
Financial investments in subsidiaries          
Investments in subsidiaries 13 597,289 623,363 0 0
Loan to subsidiaries 3 27,950 21,397 0 0
           
Financial investments at fair value through profit or loss          
Equities and investment funds 14, 15, 16 248,422 290,599 892,807 971,111
Bonds 14, 15, 16 331,933 210,410 1,101,671 992,949
Financial derivative assets 14, 15, 16 7,596 12,971 15,839 25,479
Other financial investments  14, 15 78,355 82,439 161,211 153,329
Total investments   1,291,545 1,241,179 2,196,813 2,171,914
           
Reinsurers' share of technical provisions          
Reinsurers' share of gross premium reserve   0 0 5,196 3,904
Reinsurers' share of gross claims reserve 3, 6 463,775 436,467 327,249 128,425
Total reinsurers' share of technical provisions   463,775 436,467 332,446 132,330
           
Receivables          
Receivables from direct insurance operations          
Policyholders 17 55,119 67,739 205,321 216,897
           
Receivables from reinsurance operations          
Receivables from reinsurance operations   2,681 2,334 0 0
Receivables from subsidiaries   5,423 14,857 0 0
Other receivables 18 0 0 29,850 40,088
Total receivables 15 63,223 84,929 235,170 256,985
           
Other assets          
Equipment 12 731 731 6,333 7,618
Cash and cash equivalents 19 68,665 15,846 174,572 101,141
Deferred tax asset 9 0 0 12,668 23,993
Other financial assets 15 6,005 5,402 20,084 20,520
Total other assets   75,401 21,979 213,657 153,271
           
Prepayments and accrued income          
Accrued income and other prepayments   3,767 4,611 32,619 30,448
Total prepayments and accrued income   3,767 4,611 32,619 30,448
           
Total assets   1,897,710 1,789,165 3,012,936 2,747,286

 

     Parent company  Consolidated accounts
    As at As at As at As at
Amounts in USD 000's Notes 20.02.16 20.02.15 20.02.16 20.02.15
           
Equity and liabilities          
Paid-in equity          
Statutory reserve 21 463 463 463 463
Total equity   463 463 463 463
           
Technical provisions          
Gross premium reserve   0 0 133,512 156,857
Gross claims reserve 6 880,525 872,805 1,572,498 1,379,308
Total technical provisions   880,525 872,805 1,706,010 1,536,165
           
Contingency reserve          
Contingency reserve 22 873,079 842,768 1,016,697 968,590
Total contingency reserve   873,079 842,768 1,016,697 968,590
           
Provision for other liabilities          
Pension obligations, net 20 962 1,346 30,047 92,315
Income tax payable 9 4,853 5,267 10,034 15,397
Other provisions for liabilities 7 0 0 533 0
Total provisions for other liabilities   5,815 6,613 40,614 107,711
           
Payables          
Payables arising out of direct insurance operations   21,932 13,540 29,211 17,604
Payables arising out of reinsurance operations   1,314 8,598 9,741 15,854
Payables to group companies   30,236 1,129 0 0
Financial derivative liabilities 14, 15, 16 4,679 7,874 19,297 11,492
Other payables 14, 15, 18 68,469 24,793 168,590 65,931
Total payables   126,631 55,934 226,839 110,881
           
Accruals and deferred income          
Accruals and deferred income   11,199 10,582 22,313 23,477
Total accruals and deferred income   11,199 10,582 22,313 23,477
           
Total liabilities   1,897,248 1,788,702 3,012,473 2,746,824
           
Total equity and liabilities   1,897,710 1,789,165 3,012,936 2,747,286