kontinuita - Komunálna Poisťovňa

NOTES TO
THE FINANCIAL
STATEMENTS
Movements in financial assets during 2008 and 2007 are presented in following table (except for Loans and receivables
– see Note 9):
Held
to maturity
Available
for sale
At fair value through
profit or loss
Total
At 1 January 2007 1,511,595 1,018,020 84,015 2,613,630
Foreign exchange differences -4,427 – – -4,427
Additions 217,478 2,016,026 428,014 2,661,518
Disposals and redemptions at maturity -128,514 -1,715,623 -99,045 -1,943,182
Net losses from revaluation to fair
value (except for net realized gains)
– -12,103 76 -12,027
Fair value of an embedded derivative - – -7,601 -7,601
At 31 December 2007 1,596,132 1,306,320 405,459 3,307,911
Foreign exchange differences -4,054 -9,172 - -13,226
Disposals and redemptions at maturity 1,672,689 2,791,856 1,439,682 5,904,227
Disposals -1,671,992 -2,613,764 -1,519,712 -5,805,468
Set-up of a valuation allowance -74,958 - - -74,958
et losses from revaluation to fair
value (except for net realized gains)
– -96,849 - -96,849
Fair value of an embedded derivative - - -27,531 -27 531
At 31 December 2008 1,517,817 1,378,391 297,898 3,194,106
9. Loans and receivables
Year ended 31 December 2008 2007
Receivables from insurance and reinsurance contracts:
- due from policyholders 218,179 115,870
- less valuation allowances for receivables from policyholders -65,350 -50,036
- due from brokers and intermediaries 84,347 9,628
- less valuation allowances for receivables from brokers and intermediaries -48,745 -6,442
- due from reinsurers – -
Other loans and receivables:
- prepayments provided 1,288 1,418
- accrued rent 72 157
- other receivables 6,092 27,846
- less valuation allowance for other receivables -3,559 -2,947
- other deferred assets 5,899 1,852
Total loans and receivables including receivables from insurance contracts 198,223 97,346
Current 182,037 97,346
Non-current 16,186 –
KONTINUITA ANNUAL REPORT 147