Contingencies, commitments, and mortgages
The assets excluded from the consolidated financial statements of the Company, according to the CMB Communiqué Series XI, No: 25 and IFRS, are indicated as follows:
| |
2007 |
2006 |
| Sureties and Commitments Made |
5,051,284 |
15,876,809 |
| Mortgages Extended |
0 |
0 |
| Letters of Guarantee Extended |
2,339,610 |
9,627,090 |
| Additional Bills Issued |
202,223 |
202,223 |
| Security Bonds Issued |
1,714 |
1,714 |
| Total |
7,594,831 |
25,707,836 |
| Insurance Value of Assets |
359,865,536 |
286,600,644 |
| Letters of Guarantee Received |
13,539,371 |
12,916,990 |
| Total |
373,404,907 |
299,517,634 |
|
