Mauritius Union Assurance Company Limited reported unaudited consolidated and parent earnings results for the second quarter and six months ended June 30, 2012. For the six months period, on consolidated basis, the company reported total revenue of MUR 1,032,260,000 against MUR 1,178,083,000 a year ago. Profit from operations was MUR 139,185,000 compared to MUR 113,359,000 a year ago. Profit before tax was MUR 130,457,000 against MUR 112,626,000 a year ago. Net profit attributable to owners of the parent was MUR 124,245,000 or MUR 6.20 per basic share against MUR 110,160,000 or MUR 5.50 per basic share a year ago. Net cash generated from operating activities was MUR 403,646,000 against MUR 290,906,000 a year ago.

For the quarter, on consolidated basis, the company reported total revenue of MUR 572,879,000 against MUR 673,965,000 a year ago. Profit from operations was MUR 87,583,000 compared to MUR 64,881,000 a year ago. Profit before tax was MUR 83,277,000 against MUR 64,148,000 a year ago. Net profit attributable to owners of the parent was MUR 78,803,000 or MUR 3.93 per basic share against MUR 62,092,000 or MUR 3.10 per basic share a year ago.

For the six months period, on parent basis, the company reported total revenue of MUR 683,584,000 against MUR 1,054,348,000 a year ago. Profit from operations was MUR 143,338,000 compared to MUR 139,979,000 a year ago. Profit before tax was MUR 134,610,000 against MUR 139,246,000 a year ago. Net profit attributable to owners of the parent was MUR 128,779,000 against MUR 137,891,000 a year ago. Net cash generated from operating activities was MUR 196,651,000 against MUR 232,041,000 a year ago.

For the quarter, on parent basis, the company reported total revenue of MUR 356,185,000 against MUR 393,029,000 a year ago. Profit from operations was MUR 91,643,000 compared to MUR 70,606,000 a year ago. Profit before tax was MUR 87,337,000 against MUR 69,873,000 a year ago. Net profit attributable to owners of the parent was MUR 83,176,000 against MUR 68,518,000 a year ago.