NOTES TO BOSNA RE Co. Ltd. ANNUAL REPORT FOR 2007

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NOTES TO BOSNA RE Co. Ltd. ANNUAL REPORT FOR 2007

ANNUAL REPORT 2007CARRYING AMOUNTAt 31 December 2007 4,630 431,707 191,368 92,342 180,274 1,400,321At 31 December 2006 4,630 469,634 189,183 35,334 93,736 792,517(Restated)INVESTMENT PROPERTYTotalCOST OR VALUATIONAt 31 December 2005 (Restated) 1,372,838Additions -At 31 December 2006 1,372,838Additions -At 31 December 2007 1,372,838ACCUMULATED DEPRECIATIONAt 31 December 2005 (Restated) 287,396Depreciation 51,482At 31 December 2006 338,878Depreciation 51,482At 31 December 2007 390,360CARRYING AMOUNTAt 31 December 2007 982,478At 31 December 2006 1,033,96072

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