COSMOS INSURANCE COMPANY PUBLIC LIMITED

	Six months ended June 30
--	--------------------------	--	--	--

	2014	2013
Income
Gross earned premiums
Share of reinsurance in earned premiums
Net earned premiums		11.413.180
Premium fees and other fees	10.095.184 (6.458.232)	(7.263.892)
Commissions from reinsurers	3.636.952	4.149.288
	737.961	744.527
Total other income
Total income	2.211.037
Expenses	2.948.998	3.621.044 4.365.571
Compensations	6.585.950	8.514.859
Commissions payable and other selling expenses
Other operating and administrative expenses from insurance	(2.779.411) (2.235.468)
activities	(1.385.187)	(3.801.291)
		(2.407.936) (1.438.124)
Total operating and administrative expenses from insurance	(6.400.066)
activities	185.884	(7.647.351)
Technical insurance result	95.909
Income from investments	281.793	867.508
		147.413
Insurance operating result	45.068	1.014.921
Results of investments portfolio	(113.050)
Deficit from revaluation of investment property	213.811	(31.026)
Profit after results of investment activities		(270.000) 713.895

	83.357	67.181
Other income	183.20	(12.257)
Share of profit/(loss) from insurers' joint venture Other expenses	(422.124)	(421.701)
Finance costs	(50.394)	(81.811)
Administrative expenses of subsidiary	(1.711)	(7.224)
Profit before taxation	6.146	258.083 (91.261)
Taxation	(31.281) (25.135)	166.822
(Loss)/profit for the period
Other total income
Total (expenses)/income for the period	(25.135)	166.822
(Loss)profit for the period attributable to:-
Owners of the Company	(25.271)	166.17
Non-controlling interest	136	7 645
	(25.135)	166.822

Οι σημειώσεις στις σελίδες 7 μέχρι 10 αποτελούν μέρος των ενδιάμεσων συνοπτικών ενοποιημένων οικονομικών καταστάσεων.

Basic and fully diluted (loss)/earnings per share (cent):

(0,14) 0,92

CONSOLIDATED BALANCE SHEET

	30.6.2014		31.12.2013
ASSETS
Property, plant and equipment	4.887.773		4.997.445
Intangible assets	347.162		388.449
Investment property	2.855.965		2.960.945
Long term debtors		795.400	____ 820.000
Total non current assets	8.886.300		9.166.839
Trade and other claims		8.460.044	8.443.247
Investments at fair value via the results		2.209.292	2.104,282
Taxation		29.381	60.500
Deferred acquisition expenses		2.280.779	2.324.487
Share of reinsurers in technical reserves		11.836.168	11.920.997
Cash and cash equivalent		2,790.426	2.593.314
Total current assets		27.606.090	27.446.827
Total assets		36.492.390	36.6!3.666
EQUITY
Share capital		5.575.350	5.575.350
Share premium		163.984	163.984
Revaluation reserve		2.123.309	2.123.309
Profit and loss account reserve		(1.287.099)	(1.261,828)
Total equity		6.575.544	6.600,815
LIABILITIES
Deferred taxation		444.453	444.453
Long term insurance liabilities		3.914.971	3.160.041
Total no current liabilities ________		4.359.424	3.604.494
Trade and other liabilities		821.367	753.839
Current installments of long term insurance liabilities	2.009	242.662
Pending claims and reserve of claims management expenses	14.041.437	14,805.174

Οι σημειώσεις στις σελίδες 7 μέχρι 10 αποτελούν μέρος των ενδιάμεσων συνοπτικών ενοποιημένων οικονομικών

καταστάσεων.

Unearned premiums	8.105.809	7.951.324
Share of reinsurance in technical reserves	2.209.623	2.075.225
Current installments of loans	372.572	423 .455
Bank overdraft	__ 4.605 ____	156.678
Total current liabilities	25.557.422	26.408.357
Total liabilities	29.916.846	30.012.851
Total equity and liabilities	36.492.390	36.613.666

ΣΕΛΙΔΑ 6

Οι σημειώσεις στις σελίδες 7 μέχρι 10 αποτελούν μέρος των ενδιάμεσων συνοπτικών ενοποιημένων οικονομικών

καταστάσεων.