analysis the income statement horizontally

DEC31,2019 ($) 1019 34408 -1970553 -14385544 578774 -13806770 DEC31,2018 ($) 99 802 246 -761 331 -15644242 175911 -15644242 Variance 2132162 -1209222 1258698 402 863 1837472 percentage 2% 2% -8% 2% -12% 86157085 83 396 673 2760412 3% -13% 1100640 -8143263 79114462 -64569094 8951463 -4602206 6419951 -381762 1261369 -7353489 77304553 -60139212 10129932 -7255079 541034 364831 -160729 -789774 1809 909 -4429882 -1178469 2652873 5878917 -7 46593 11% 2% 7% -12% -37% 11% 2% -1086798 1359854 -2446652 1% The total earned premiums Change in unearned premiums Total rein surance premiums Change in unearned premiums The net premiums for reinsurers Net Insurance premium income before commissions Commissions received Commissions paid Net premiums after currencies Outstanding claims The reinsurers' share of the claims paid Change in unpaid claims reserve Change in share reserves and redemptions Change reserve IBNR un announced claims The change in the reinsurers 'share of the declared and unpaid claims Mathematicalreserve reserve for life insur The change in the reinsurers 'share of the declared and unpaid claims Net claims incurred Net profits before general and administrative expenses Net profits before general and administrative expenses Foreign exchange gains (losses) Other in come provision for doubtful de bts Administrative and general expenses not distributed among the branches Profit for the year before taxes Tax expense Profit for the year -31989 -165 257 133 268 -81% 20264 - 156208 176472 1% 55280171 55 320105 -39934 1% 23834291 21 984448 1849843 8% 8171655 7222387 949 268 13% 90832 869517 1795472 -215 990 477364 3 18668 306822 392 153 1476 804 -14% 82% 4.60% 307 4744 2422002 652 742 27% 6178799 251 5805 3662994 79 98657 2457835 55 408 22 -1819858 57970 -1877828 -23% 2% -34% DEC31,2019 ($) 1019 34408 -1970553 -14385544 578774 -13806770 DEC31,2018 ($) 99 802 246 -761 331 -15644242 175911 -15644242 Variance 2132162 -1209222 1258698 402 863 1837472 percentage 2% 2% -8% 2% -12% 86157085 83 396 673 2760412 3% -13% 1100640 -8143263 79114462 -64569094 8951463 -4602206 6419951 -381762 1261369 -7353489 77304553 -60139212 10129932 -7255079 541034 364831 -160729 -789774 1809 909 -4429882 -1178469 2652873 5878917 -7 46593 11% 2% 7% -12% -37% 11% 2% -1086798 1359854 -2446652 1% The total earned premiums Change in unearned premiums Total rein surance premiums Change in unearned premiums The net premiums for reinsurers Net Insurance premium income before commissions Commissions received Commissions paid Net premiums after currencies Outstanding claims The reinsurers' share of the claims paid Change in unpaid claims reserve Change in share reserves and redemptions Change reserve IBNR un announced claims The change in the reinsurers 'share of the declared and unpaid claims Mathematicalreserve reserve for life insur The change in the reinsurers 'share of the declared and unpaid claims Net claims incurred Net profits before general and administrative expenses Net profits before general and administrative expenses Foreign exchange gains (losses) Other in come provision for doubtful de bts Administrative and general expenses not distributed among the branches Profit for the year before taxes Tax expense Profit for the year -31989 -165 257 133 268 -81% 20264 - 156208 176472 1% 55280171 55 320105 -39934 1% 23834291 21 984448 1849843 8% 8171655 7222387 949 268 13% 90832 869517 1795472 -215 990 477364 3 18668 306822 392 153 1476 804 -14% 82% 4.60% 307 4744 2422002 652 742 27% 6178799 251 5805 3662994 79 98657 2457835 55 408 22 -1819858 57970 -1877828 -23% 2% -34%