General information - Eureko Sigorta

92 EUREKO S‹GORTA
EUREKO S‹GORTA A.fi.
Notes to the Financial Statements As at 31 December 2008
(Currency: New Turkish Lira (TRY))
46 Subsequent events (continued)
As per the 26 February 2009 dated resolution of the Board of the Directors, it is decided to propose shareholders to be
decided at General Shareholders Meeting to retain the profit of the year 2008 within the Company as profit reserve.
47 Others
Description and amounts of the items which are higher than 5% of the total assets in the balance sheet or
higher than 20% of the total amount of the group including the items phrased with “other” in the accompanying
financial statements
They are presented in the notes above each in its own disclosure note.
Payables to employees and receivables from employees presented under accounts, “other receivables” and
“other short or long term payables”, and which have balance more than 1% of the total assets
None.
Subrogation recorded in “Off-Balance Sheet Accounts”
Total amount of subrogation receivables recorded in off-balance sheet accounts is amounting to YTL 3,404,298
Real rights on immovable and their values
None.
Explanatory note for the amounts and nature of previous years' income and losses
None.
As at and for the year ended 31 December 2008, details of discount and provision expenses are as follows:
31 December 2008
Provision expenses for impairment in receivables from agencies and subrogation receivables Note 4.2) (3,972,155)
Provision expenses for unused vacations (220,354)
Provision expenses for employee termination benefits (Note 23) (168,440)
Provision expenses for lawsuits (Note 23) (112,537)
Provision expenses in the statement of income (4,473,486)
31 December 2008
Rediscount interest income receivables from insurance operations (203,303)
Rediscount interest expense payables due to reinsurance operations (212,081)
Rediscount expense in the statement of income (415,384)