UNIQA Insurance Company (Kyiv) in 2019 increased its net worth by 23%, to UAH 529.741 million, according to a draft decision of the company’s shareholders for a meeting scheduled for April 23.
According to the document, the company’s assets in 2019 decreased by 22.7%, to UAH 2.432 billion.
The draft decision states that the company last year posted a net profit of UAH 89 million, which is 3.5 times more than in 2018. Retained earnings for the year amounted to UAH 326.8 million. which is 34.9% more.
The charter capital has not changed and amounted to UAH 155.48 million.
Total debtor indebtedness decreased by 3.9 times, to UAH 282.7 billion, cash and cash equivalents by 2.9 times, to UAH 30.4 million.
Long-term liabilities decreased by 10%, to UAH 1.6 billion, current liabilities by 3.8 times, to UAH 300.1 million.
UNIQA Insurance Company was founded in 1994. It joined UNIQA Group Austria in 2006.
