2007 - April
2007 - April
2007 - April
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1.0<br />
APRIL GROUP consolidated financial statements at December 31 st , <strong>2007</strong><br />
Consolidated balance sheet: liabilities<br />
LIABILITIES AT DECEMBER 31 ST (in thousand euros) Notes Dec, 31 st <strong>2007</strong> Dec, 31 st 2006<br />
Share capital 16,325 16,293<br />
Issue premiums 11,392 10,021<br />
Consolidated reserves 195,609 150,722<br />
Earnings for the period 72,111 65,074<br />
Foreign currency adjustments -1,045 -37<br />
GROUP SHAREHOLDERS’ EQUITY 294,392 242,073<br />
Minority interests -578 1,348<br />
TOTAL SHAREHOLDERS’ EQUITY 293,814 243,421<br />
Underwriting provisions for insurance policies 6.9 254,289 214,264<br />
Technical liabilities on investment policies 6.10 8,322<br />
Provisions for contingencies and losses 6.11 14,276 15,447<br />
Deferred tax liabilities 6.5 2,755 4,680<br />
Financial debt 6.12 30,305 8,023<br />
Current bank borrowings 6.13/7.4 10,326 6,584<br />
Liabilities from insurance operations or reinsurance accepted 6.13 6,919 5,191<br />
Liabilities from reinsurance operations ceded 6.13 37,449 29,752<br />
Operating liabilities 6.13 194,912 131,275<br />
Tax liabilities due 6.13 1,929 4,540<br />
Other liabilities 6.13 77,851 54,555<br />
TOTAL LIABILITIES 933,147 717,732<br />
The notes on Pages 98 to 147 represent an integral part of the consolidated financial statements.<br />
95<br />
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