Atlantic Insurance Company Public LTD Logo

Atlantic Insurance Company Public LTD

ISIN

CY0006010314

Ticker

ATL

Sector

Financials

Sub-Industry

Multi-line Insurance

Country

Cyprus

Year Founded

1983

About Atlantic Insurance Company Public LTD

Company Description

ATLANTIC is a Cypriot owned and Cyprus based Insurance Company that addresses the personal and commercial general insurance needs of the Cyprus market. Our core business objective is to provide our clients with comprehensive protection against potential risks they may encounter in both their private lives and business activities.

Our long experience and extensive knowledge of the Cyprus market enables us to fully understand the present and future requirements of our clients. We take pride in our ability to promptly respond to the differing needs of our clients by developing personalized insurance solutions.

Our differentiating strength lies in our customer-centric outlook and our strong belief in creating long-standing personal and cordial relationships with our clients and business associates.

What sets us apart and ahead from the rest of the market is our distinguished level of customer service, which is founded upon direct, personal client contact.

Served Area

Europe

Headquarters

15 Esperidon Str. 2001 Strovolos
1301, Nicosia
Cyprus

Financial statements

Download as Excel
Line item in (eur) 01.01.2020 01.01.2021 01.01.2022
Assets N/A 63,609,000.00 75,043,000.00
Property Plant And Equipment N/A 6,271,000.00 6,282,000.00
Investment Property N/A 4,311,000.00 4,314,000.00
Intangible Assets Other Than Goodwill N/A 88,000.00 88,000.00
Longterm Deposits N/A 5,265,000.00 5,222,000.00
Cash and cash equivalents 10,904,000.00 11,474,000.00 12,301,000.00
Equity And Liabilities N/A 63,609,000.00 75,043,000.00
Equity 38,908,000.00 39,960,000.00 48,682,000.00
Issued Capital N/A 13,241,000.00 13,241,000.00
Retained Earnings N/A 21,483,000.00 29,952,000.00
Other Reserves N/A 4,899,000.00 5,086,000.00
Equity Attributable To Owners Of Parent N/A 39,623,000.00 48,279,000.00
Noncontrolling Interests N/A 337,000.00 403,000.00
Liabilities N/A 23,649,000.00 26,361,000.00
Deferred Tax Liabilities N/A 47,000.00 34,000.00
Line item in (eur) 01.01.2020/
01.01.2021
01.01.2021/
01.01.2022
Revenue 19,656,000.00 19,470,000.00
Insurance Revenue 22,346,000.00 21,388,000.00
Profit Loss From Operating Activities 5,865,000.00 4,456,000.00
Profit Loss Before Tax 4,610,000.00 12,469,000.00
Income Tax Expense Continuing Operations 865,000.00 614,000.00
Profit (loss) 3,745,000.00 11,855,000.00
Profit Loss Attributable To Owners Of Parent 3,746,000.00 11,787,000.00
Profit Loss Attributable To Noncontrolling Interests 1,000.00 -68,000.00
Line item in (eur) 01.01.2020 01.01.2021 01.01.2022
Profit (loss) N/A 3,745,000.00 11,855,000.00
Adjustments For Finance Costs N/A 80,000.00 86,000.00
Adjustments For Depreciation And Amortisation Expense N/A 346,000.00 295,000.00
Cash Flows From Used In Operations N/A 4,882,000.00 6,360,000.00
Interest Paid Classified As Operating Activities N/A 80,000.00 86,000.00
Cash Flows From Used In Operating Activities N/A 3,782,000.00 5,757,000.00
Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities N/A 0.00 2,000.00
Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities N/A 4,000.00 2,000.00
Purchase Of Property Plant And Equipment Classified As Investing Activities N/A 120,000.00 79,000.00
Purchase Of Intangible Assets Classified As Investing Activities N/A 49,000.00 91,000.00
Dividends Received Classified As Investing Activities N/A 358,000.00 496,000.00
Interest Received Classified As Investing Activities N/A 528,000.00 541,000.00
Cash Flows From Used In Investing Activities N/A -675,000.00 -1,620,000.00
Payments Of Lease Liabilities Classified As Financing Activities N/A 6,000.00 0.00
Dividends Paid Classified As Financing Activities N/A 2,531,000.00 3,310,000.00
Cash Flows From Used In Financing Activities N/A -2,537,000.00 -3,310,000.00
Increase (decrease) in cash and cash equivalents after effect of exchange rate changes N/A 570,000.00 827,000.00
Cash and cash equivalents 10,904,000.00 11,474,000.00 12,301,000.00

Please note that some sums might not add up.

Filings & Publications

  • Consolidated Report 2021 - Q4 Greek 🇬🇷

Capital Markets Information

ISIN

CY0006010314

LEI

213800ZUWYFW5BADU685

Industry Group

Insurance

Industry

Insurance

Listed Stock Exchange

Cyprus Stock Exchange

Stock Index

CSE General Index

Contact Investor Relations department

Stay up to date

Keep yourself informed with the most recent updates on FinancialReports, IPOs, product advancements, and other significant news.