Ukrainian Insurance Group (Kyiv) in 2017 saw a net profit of UAH 38.231 million, which is 20.2% more than in 2016.
According to materials for the agenda of a general shareholders’ meeting scheduled for April 20, the company last year increased assets by 3%, to UAH 830.8 million.
Its net worth grew by 10%, to UAH 291.572 million.
Fixed assets for the year increased by 9%, to UAH 12.521 million.
Total debtor indebtedness for 2017 decreased by 2.2 times, to UAH 30.718 million.
Cash and cash equivalents were up by 4.4%, to UAH 535.434 million.
Current liabilities amounted to UAH 62.851 million.
Ukrainian Insurance Group has been operating in the Ukrainian insurance market since 2000. Since 2008 it has been a full member of Vienna Insurance Group, the leading insurer in Austria, Central and Eastern Europe.
Its charter capital is UAH 114.259 million.
