annual report grupo security - Banco Security

annual report 2007grupo securitypage 127S E G U R O S V I D A S E C U R I T Y P R E V I S I O N S . A . · S u m m a r i z e d B a l a n c e S h e e t sa t D e c e m b e r 3 1 , 2 0 0 7 a n d 2 0 0 6ASSETS2007MCh$2006MCh$Investments 736,709 774,857Premiums receivable 3,229 6,786Reinsurance 2,145 1,247Other assets 17,763 3,798Total assets 759,846 786,688LIABILITIES AND SHAREHOLDERS’ EQUITY2007MCh$2006MCh$Reserve for claims 667,224 684,424Other liabilities 19,332 8,885Capital and reserves 71,112 70,327Income for the year 2,179 23,052Total liabilities and sharehorders’ equity 759,846 786,688S E G U R O S V I D A S E C U R I T Y P R E V I S I O N S . A . · S t a t e m e n t s o f I n c o m eF o r t h e y e a r s e n d e d D e c e m b e r 3 1 , 2 0 0 7 a n d 2 0 0 62007MCh$2006MCh$Operating revenue 35,718 42,333Brokerage, claims and administration costs (51,016) (73,456)Operating results (15,298) (31,124)Revenue from investments 21,487 55,991Subtotal 6,189 24,868Price-level restatement (4,237) (129)Other income and expenses 441 (82)Income tax (214) (1,605)Net income for the year 2,179 23,052