ACCEPTANCE INSURANCE HOLDINGS INC <ACPT> YEAR
Oper shr profit 1.80 dlrs vs loss 2.28 dlrs
    Oper net profit 2,048,0000 vs loss 1,318,000
    Revs 25.4 mln vs 12.3 mln
    Avg shrs 1,135,000 vs 576,000
    NOTE: Net excludes realized investment gains of 40,000 dlrs
vs 13,000 dlrs.
    1986 net excludes 729,000 dlr tax credit.
 Reuter
