TSC Annual Report 2024 final - Flipbook - Page 48
Managingstatements
Director Report
Financial
Income Statement
For the 昀椀nancial year January through December. Amounts in USD thousands.
Note
2024
2023
3
243,771
-59,522
3,695
-241
242,632
-56,120
-6,886
-425
187,703
179,202
4
16,800
12,700
5
5
-132,177
-2,950
-261,546
163,747
-135,127
-97,799
-53,706
32,575
-4,688
-47,833
-21,131
-52,521
-156,258
-150,320
6
13,115
3,348
7, 8, 28
-40,074
-36,640
21,286
8,289
21,286
8,289
17,409
15,699
-3,580
6,853
29,123
-1,530
29,528
34,446
-16,800
-12,700
Result before appropriations and tax
34,014
30,035
Appropriations: change in safety reserve
-19,224
-8,200
Result before tax
14,790
21,835
Technical account
Earned premiums, net of reinsurance
Premiums written, gross
Outward reinsurance premiums
Change in provision for unearned premiums
Reinsurers´ share of change in provision for unearned premiums
Investment income transferred from the non-technical account
Claims incurred, net of reinsurance
Claims paid
Before outgoing reinsurance
Reinsurers´ share
Change in provision for claims outstanding
Before outgoing reinsurance
Reinsurers´ share
Change in other technical provisions
Net operating expenses
Balance on technical account
Non-technical account
Balance on the technical account
Financial result
Financial income
Unrealised gains on investments
Financial costs
Allocated investment income transferred to the technical account
Tax on result for the year
Pro昀椀t or loss for the 昀椀nancial year
48 The Swedish Club | Annual Report 2024
9
10
11
4
21
-3,274
-6,049
11,516
15,786
