MILLIRE_2019_Annual Report

Milli Re Annual Report 2019 66 Assets (TL) 2019 2018 2017 Cash and Cash Equivalents 1,754,800,717 1,742,214,225 1,223,132,413 Securities 520,755,751 159,988,747 451,080,848 Affiliates 1,064,041,303 768,947,999 663,651,785 Fixed Assets 639,470,512 606,233,234 537,462,778 Total Assets 4,531,965,239 3,738,241,986 3,179,504,466 Liabilities Technical Provisions 2,235,100,571 1,842,662,679 1,461,011,296 Shareholders’ Equity 2,135,840,889 1,736,300,262 1,587,067,868 Income and Expense Items Technical Income 1,753,841,699 1,523,163,876 1,082,506,489 Technical Expenses 1,668,777,912 1,422,503,672 1,019,325,705 Technical Profit/Loss 85,063,787 100,660,204 63,180,784 Financial Income 661,184,678 644,537,098 378,157,716 Financial Expenses 403,360,732 425,812,893 192,041,506 General Expenses 30,377,119 41,170,997 46,274,649 Financial Profit/Loss 227,446,827 177,553,208 139,841,561 Profit/Loss for the Period 312,510,614 278,213,412 203,022,345 KEY FINANCIAL INDICATORS