By KYIV. Dec 6 (Interfax-Ukraine) – The shareholders of PrJSC PZU Ukraine (Kyiv) on December 1, 2023 decided to increase the charter capital to UAH 48.510 million from UAH 19.407 million by conducting an additional issue of shares in the amount of UAH 29.111 million, according to the National Securities and Stock Market Commission.
At the same time, it is clarified that the closed issue will be carried out by increasing the par value of shares from UAH 10 to UAH 25 each by allocating part of the funds from the profit received for 2022 to the charter capital.
As reported, PZU Ukraine completed 2022 with a financial result from operating activities in the amount of UAH 82.789 million, and net profit – UAH 118.119 million, which is 12.4 times more than a year earlier.
The company collected UAH 1.280 billion in gross premiums in 2022, which is 27.03% less than in 2021, UAH 1.172 billion in net premiums (more 6.76%) and UAH 1.110 billion earned premiums (more 13.38%).
The volume of payments made by the insurer for the specified reporting period amounted to UAH 575.537 million, which is 16.24% lower than the volume a year earlier.
The company’s assets as of December 31, 2022 decreased by 14.93%, to UAH 2.425 billion, equity capital increased by 3.43%, to UAH 853.817 million, liabilities decreased by 22.41%, to UAH 1.571 billion, cash and their equivalents increased by 3.34 times, to UAH 364.458 million.
PZU Ukraine is supported by one of the largest insurance groups in Central and Eastern Europe – PZU Group.
