Výročná správa 2009 - Komunálna Poisťovňa

statement of comprehensive income(All amount are in thousands of Euros, unless stated otherwise)Note31 December200931 December2008Insurance premium revenue 18 84,502 61,186Insurance premium ceded to re-insurers 18 (16,287) (17,933)Net insurance premium revenue 68,215 43,253Financial investment income 19 3,125 1,804Commissions from reinsurance 22 3,993 6,007Net realized gains on financial assetsand income from financial assets measured at fairvalue through profit or loss20 892 145Other operating income 21 278 490Net income 76,503 51,699Insurance benefits 22 (35,724) (7,720)Insurance benefits ceded to re-insurers 22 67 -Insurance claims and loss adjustment expenses 22 (29,728) (37,130)Insurance claims and loss adjustment expensesrecovered from reinsurers22 7,819 12,312Net insurance benefits and claims (57,566) (32,538)Expenses for the acquisition of insurance contracts 23,24 (11,941) (12,552)Expenses for marketing and administration 23,24 (5,529) (4,552)Other operating expense 23,24 (902) (3,265)Expenses (75,938) (52,907)Profit before tax 565 (1,208)Income tax expense 25 (431) (3)Profit for the year 134 (1,211)Other comprehensive incomeRevaluation of financial assets available for sale 1,323 (188)Exchange rate difference from translation topresentation currency- 1,476Other comprehensive income, net of tax 1,323 1,288Total comprehensive income 1,457 77Ročná účtovná závierka a komentár I Company AccountsNotes on pages 94 – 197 create undividable part of this Financial Statements.91