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The change of the present value of defined benefit obligation may be analysed as follows:INA d.d.2007 2006As at 31 January 53 53Current work cost 4 3Interest costs 3 2Actuarial profits and losses 21 1Income paid (8) (6)As at 31 December 73 5331. Subscribed and paid-in capitalINA Group & INA d.d.2007 2006Issued and paid:10 million shares (value of each share is 900 HRK) 9,000 9,000The Company’s stock capital, originally stated in Germanmarks (DEM), was converted to HRK upon registration inApril 1995.Regarding the decision of the Commercial Court inOctober 2001, the Company’s stock capital was correctedto 9,000 million HRK. The entry correction was recordedthrough the transfer from other reserves.The Company’s stock capital consists of 10 millionapproved and issued shares with the nominal value of900 HRK. A share earns the right to one vote and the rightto dividend.Annual report 2007139

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