Images Images
  • AR
  • Icon
  • AR
  • Icon
    CONTENT
    • Home Page
    • Independent auditor’s report
    • Statement of Financial Position
    • Statement of profit or loss and other comprehensive income
    • Statement of Changes in Equity
    • Statement of Cash Flows
    • Notes to the financial statements

    NOTES TO FINANCIAL STATEMENT

    Back to main

    Sub section

    • 1 Legal status and activities
    • 2 General information
    • 3 Material Accounting Policies
    • 4 Property and equipment
    • 5 Insurance and reinsurance contracts
    • 6 Financial assets
    • 7 Statutory deposits
    • 8 Other receivables and prepayments
    • 9 Cash and cash equivalents
    • 10 Capital and reserves
    • 11 Provision for employees’ end-of-service benefits
    • 12 Other payables
    • 13 Income from investments
    • 14 General and administrative expenses
    • 15 Earnings per share – Basic and diluted
    • 16 Risk management
    • 17 Related party balances and transactions
    • 18 Segment information
    • 19 Commitments and contingencies
    • 20 Corporate tax
    • 21 Subsequent events
    • 22 Restatement
    • 23 Changes in reinsurance agreements
    • 24 General
    • 25 Approval of financial statements

    Provision for employees’ end-of-service benefits

        (Restated)
      31 December
    2023
       31 December 2022
      AED AED
         
    Balance as at 1 January  3,208,318 2,883,016
    Charges during the year  560,255 667,476
    Benefits paid during the year  (1,237,550) (342,174)
    Balance at the end of the year  2,531,023 3,208,318



    Back to top
    Close

    Annual Report 2023

    • Insurance House Website
    • Chairman’s Statement
    • Board of Directors
    • Independent Autidors’ Report

    INVESTORS RELATIONS

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

    About us

    • Our Company
    • Message from Chairman
    • Mission & Vision
    • Corporate Governance

    Contact us

    • 600511112
    • Facebook
    • Youtube
    • Contact us
    • Annual Report 2022
    • Privacy Policy
    • Legal Disclaimer
    © 2023 INSURANCE HOUSE PSC. ALL RIGHTS RESERVED.
    • Home Page
    • Independent auditor’s report
    • Statement of Financial Position
    • Statement of profit or loss and other comprehensive income
    • Statement of Changes in Equity
    • Statement of Cash Flows
    • Notes to the financial statements