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2006 - Central Bank of Trinidad and Tobago

2006 - Central Bank of Trinidad and Tobago

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SUMMARY OF BALANCE SHEETS OF INCORPORATED COMPANIESMOTOR ONE INSURANCE COMPANY LIMITEDINCORPORATED - 1976Directors: D. RAMLAL; S. RAMDATH; V. RAMLOGAN; L. AYOUNG; L. DHANOOSecretary: S. DHANOOAuditors: L. De NOBRIGA & COMPANYCountries other than <strong>Trinidad</strong> <strong>and</strong> <strong>Tobago</strong> in which the Company writes business: NILSummary <strong>of</strong> Balance Sheet in respect <strong>of</strong> <strong>Trinidad</strong> <strong>and</strong> <strong>Tobago</strong>Business as at 31st December, <strong>2006</strong>assets $ $Investments:Fixed Deposits with <strong>Bank</strong><strong>Trinidad</strong> <strong>and</strong> <strong>Tobago</strong> Government SecuritiesSecurities guaranteed by the Gov’t <strong>of</strong> T&TOther Foreign Government SecuritiesOrdinary shares in non-T&T CompaniesInvestment in dependent companies (non-insurance)335,8355,116,5001,549,2264,485,000283,7622,411,69514,182,018Cash on Current Account <strong>and</strong> in h<strong>and</strong>Policy Loan Interest AccruedAmounts due from Agents <strong>and</strong> sub-agentsInterest, dividends <strong>and</strong> rents accruing but not dueSundry DebtorsFixed AssetsOther AssetsTOTAL ASSETS1,877,8111,877,032807,999156,596623,7019,879,09862,96029,467,215liabilities $ $Insurance FundsClaims admitted or intimated but not paidAmount due to Reinsurers<strong>Bank</strong> Loans <strong>and</strong> OverdraftsOther Liabilities10,936,8272,352,2651,712,4202,831,863655,848NET LIABILITIESPaid-up Share CapitalUnrealised Revaluation ReservesRetained AccountOtherTOTAL LIABILITIES18,489,2234,509,2001,253,1871,054,6384,160,96729,467,215REPORT ON INSURANCE AND PENSIONS 97

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