Dubai National Insurance & Reinsurance (DNIR) 2007 FY annual report

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2007 FY result list | DNIR 2007 FY results - forum topic | Dubai National Insurance & Reinsurance - details & pdf annual reports

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AED USD EUR GBP AUD BHD EGP JOD KWD OMR QAR SAR   Precision: 1 2 3
DNIR (listed on DFM)   Auditor:   Grant Thornton
DNIR accounts in UAE dirhams    
Date of results and share price AED 4.05 on 04 Feb 2008    
Current share price AED 2.06 on 15 Apr 2009    
Chairman Mr Khalaf Ahmed Al Habtoor
CEO Mr C R Jayakumar (General Manager)
Balance Sheet (AED) 31 Dec 2006 31 Dec 2007   %Δ   ? notes
Total Assets 483,436,000 597,773,000 24%
Total Liabilities (153,352,000) (162,254,000) 6%
Shareholders Equity 330,084,000 435,519,000 32%
Income Statement (AED) 2006 FY  2007 FY       
Revenue (Sales) 66,941,000 93,798,000 40% Gross Premium
Cost of Revenues (COGS) (53,441,000) (76,463,000) 43%
Gross Profit 13,500,000 17,335,000 28% Net Underwrtiting Income
Other Income 23,045,000 25,711,000 12%    
Other Expenses (6,365,000) (6,996,000) 10%    
Net Profit 30,180,000 36,050,000 19%  
Minority Interests 0 0      
Net Profit due to shareholders 30,180,000 36,050,000 19%
Earnings Per Share stated 0.30 0.36 20%  
Ratio Calculations As on 04 Feb 2008      
Number of shares outstanding   100,000,000    
EPS calculated 0.30 0.36 19%  
Price to Earnings ratio (PE) 13.4 11.2   Calculated EPS used
Price to Book Value (PBV) 1.2 0.9 -24%  
Return on Assets (ROA) 6.2% 6.0% -3%
Return on Equity (ROE) 9.1% 8.3% -9%
Return on Sales (ROS) or Profit Margin 45.1% 38.4% -15%
Dividends          
Cash Dividend   35%     Approved at AGM
Dividend Yield (cash)   8.6%    
Share Dividend      
Important Dates Record Date 26 Mar 2008 AGM Date 16 Mar 2008
Comments about Dubai National Insurance & Reinsurance FY 2007 results

EGM on same day as AGM approved allowing up to 25% foreign ownership of DNIR shares, subject to approval by the relevant authorities.

Have your say in the DNIR 2007 FY results forum topic, includes directors reports and news, if available.

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This page last updated 20-Jan-2009. Company information last updated 24 Jun 2008. E & OE.