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    CONTENT
    • Home Page
    • Independent auditor’s report
    • Statement of Financial Position
    • Statement of Income
    • Statement of Comprehensive Income
    • Statement of Changes in Equity
    • Statement of Cash Flows
    • Notes to the financial statements

    NOTES TO FINANCIAL STATEMENT

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    • 1 Legal status and activities
    • 2 General information
    • 3 Summary of significant accounting policies
    • 4 Property and equipment
    • 5 Investment property
    • 6 Investments in financial assets
    • 7 Statutory deposit
    • 8 Premium and insurance balances receivables
    • 9 Other receivables and prepayments
    • 10 Cash and cash equivalents
    • 11 Capital and reserves
    • 12 Provision for employees’ end-of-service benefits
    • 13 Insurance and other payables
    • 14 Technical Provisions
    • 15 Income from investments
    • 16 General and administrative expenses
    • 17 Earnings per share – Basic and diluted
    • 18 Risk management
    • 19 Related parties
    • 20 Segment information
    • 21 Commitments and contingencies
    • 22 Comparative figures
    • 23 Post reporting date events
    • 24 General
    • 25 Approval of financial statements

    Employees’ end of service benefits

     

      2019  2018
      AED AED
         
    Balance as at 1 January 2,577,585  2,035,185
    Charges during the year 280,843  549,978
    Benefits paid (80,766)  (7,578)
    Balance at the end of the year
    2,777,662
     2,577,585


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    Annual Report 2019

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    • Chairman’s Statement
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    INVESTORS RELATIONS

    • Statement of Financial Position
    • Statement of Comprehensive Income
    • Statement of Changes in Equity
    • Statement of Cash Flows
    • Notes To Financial Statements

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    Logo
    • Home Page
    • Independent auditor’s report
    • Statement of Financial Position
    • Statement of Income
    • Statement of Comprehensive Income
    • Statement of Changes in Equity
    • Statement of Cash Flows
    • Notes to the financial statements