The total assets of Delta Insurance Company have been increased by 9.6% at the end of fiscal year 2014-15, company’s consolidated budget showed Wednesday.
Company’s total assets have reached 1.05 billion Egyptian pounds (US$ 127.7 million) at the end of June 2015 compared to 965.5 million Egyptian pounds at the end of June 2014.
According to the budget, company’s fixed deposits in banking sector recorded 76.243 million Egyptian pounds at the end of June 2015 opposed to 85.9 million Egyptian pounds at the end of June 2014.
Delta Insurance’s total investments in treasury bills hit 207.6 million Egyptian pounds at the end of FY 2014-15 versus 347 million Egyptian pounds at FY 2013-2014.
The consolidated budget showed that firm’s net real estate investments recorded 9.88 million Egyptian pounds at the end of fiscal year 2014-15 compared to 10.53 million Egyptian pounds at the same period of previous year.
The net fixed assets of Delta Insurance Company hit 30.82 million Egyptian pounds during fiscal year 2014-15 versus 24.16 million Egyptian pounds during the previous fiscal year.
