Kuwait Stock Exchange (KSE) announces that the board of Wethaq Takaful Insurance Co., in a meeting held yesterday, Wednesday, March 09, 2011, endorsed the interim financial statements for the FY that ended on 31/12/2010 as follows:

- Financial results:

 

 

Item	FY ended 31/12/2010	FY ended 31/12/2009
Profit (Loss) (KWD)	(866.457)	(5.469.718)‏
EPS (LPS) (fils)	(7.89)	(49.67)
Total current assets	4.774.014	4.084.316
Total assets	13.678.544	14.639.988
Total current liabilities	523.418	454.006
Total liabilities	1.665.826	1.443.186
Total shareholders’ equity	11.173.668	12.506.232

Total expenses of dealings with related parties reached KWD 66.000, with no relevant revenue recorded.

- Proposed dividend:

The board recommended withholding dividend for the FY that ended on 31/12/2010. This proposal is pending the approval of shareholder meeting and competent authorities.