kontinuita - Komunálna Poisťovňa

NOTES TO
THE FINANCIAL
STATEMENTS
In the table below, the actual solvency level in life and non-life insurance is shown at 31 December 2008 and 2007:
Year ended 31 December 2008 2007
Life insurance
Required solvency level 183,629 160,461
Own resources – actual solvency level 604,647 210,053
Non-life insurance
Required solvency level 1,742 73,927
Own resources – actual solvency level 90,378 100,809
Total required solvency level 185,371 234,388
Total actual solvency level 695,025 310,862
The Company complied with all externally imposed capital requirements.
5. Property, plant and equipment
Land and buildings
Equipment, motor vehicles,
and other assets
Total
At 1 January 2007
Acquisition cost 90,472 23,250 113,892
Accumulated depreciation and valuation
allowances
-20,548 -11,460 -32,008
Net book value 70,094 11,790 81,884
Year ended 31 December 2007
Opening balance 70,094 11,790 81,884
Additions 1,025 2,844 3,869
Disposals – -200 -200
Depreciation charge -1,553 -4,460 -6,013
Closing balance 69,566 9,974 79,540
At 31 December 2007
Acquisition cost 91,666 25,894 117,560
Accumulated depreciation and valuation
allowances
-22,100 -15,920 -38,020
Net book value 69,566 9,974 79,540
Year ended 31 December 2008
Opening balance 69,566 9,974 79,540
Additions - 4,137 4,137
Disposals – -153 -153
Depreciation charge -1,564 -4,765 -6,329
Closing balance 68,002 9,193 77,195
At 31 December 2008
Acquisition cost 91,666 28,620 120,286
Accumulated depreciation and valuation allowances
-23,664 -19,427 -43,091
Net book value 68,002 9,193 77,195
KONTINUITA ANNUAL REPORT 139