2006             2005             2004             2003            2002

Source of funds                                            x'000            x'000            x'000            x'000          x'000

Share capital                                            1,580,330        750,000        500,000        400,000       350,000

Share premium                                         2,304,591          47,221        308,201        100,607       100,607

Capital reserve                                            465,629        465,629        465,629        465,629       465,629

Contingency reserve                                    342,831          33,039        190,012        143,437       108,992

Reserve for bonus shares issue                                -        250,000        250,000                    -         50,000

General reserve                                          794,084        317,524       145,763        130,844      106,047

                                                                5,487,465     2,063,413     1,859,605     1,240,517    1,181,275

                                                                =======     =======     =======     =======      ======

Use of funds

Fixed assets                                             1,344,908     1,316,939     1,311,826     1,281,998    1,141,378

Investments                                              8,105,360     5,650,037     5,753,273     4,829,588    3,377,366

Statutory deposit                                           35,000          35,000          35,000          13,500         13,500

Other assets                                             1,669,613     1,399,006     1,148,884     1,057,239      763,532

                                                              11,154,881     8,400,982     8,248,983     7,182,325    5,295,776

Deduct:-   Current liabilities                        700,030        712,895        690,364        820,496      359,857

                                                              10,454,851     7,688,087     7,558,619     6,361,829    4,935,919

                  Deposit administration            3,649,881     4,416,461     4,512,560     4,086,050    2,805,624

                                                                6,804,970     3,271,626     3,046,059     2,275,779    2,130,295

Deduct:     Insurance fund reserve            1,317,505    1,208,213     1,186,454     1,035,262      949,020

                                                                5,487,465     2,063,413     1,859,605     1,240,517    1,181,275

                                                                =======     =======     =======     =======    ======= 

Turnover and profits

Premium (net)                                          1,664,414     1,002,613        917,974        866,776       635,703

Profit before taxation                                   734,196        312,672        285,332        192,160       176,235

Profit after taxation                                      575,821        280,041        252,390        171,203       155,766

Dividend                                                                 -          75,000        200,000        120,000       105,000

Financial ratios*-

Earnings per 50k share                                  18.22k            8.86k            7.99k            5.42k           4.93k

Dividend per share                                                  -            2.37k            6.33k            3.80k           3.32k

Dividend cover (times)                                            -              3.74              1.26              1.43             1.48

Net assets per share                                       x1.74            x0.65            x0.59            x0.39          x0.37