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Supplementary Information

Quarterly Analysis 2015

Company Statement of Income
(Values are to the nearest rupees thousand)
1st quarter
Jan. - Mar. 15
Rs. ’000
2nd quarter
Apr. - Jun. 15
Rs. ’000
3rd quarter
Jul. - Sep. 15
Rs. ’000
4th quarter
Oct. - Dec. 15
Rs. ’000
Total
Jan. -Dec. 15
Rs. ’000
Gross written premiums 1,237,723 4,735,028 2,318,526 8,291,277
Premiums ceded to reinsurers (25,607) (97,521) (60,336) (183,464)
Net written premiums 1,212,116 4,637,507 2,258,190 8,107,814
Investment and other income 1,490 547,129 2,265,612 1,207,018 4,021,249
Net income 1,490 1,759,245 6,903,119 3,465,209 12,129,063
Net benefits and claims (522,154) (2,121,192) (1,046,534) (3,689,879)
Increase in Life Insurance Fund (843,821) (2,267,262) (564,773) (3,675,856)
Acquisition cost (140,694) (540,094) (296,995) (977,782)
Other operating and administrative expenses (246) (250,199) (1,017,764) (493,287) (1,761,496)
Finance cost (3) (755) (3,456) (1,788) (6,001)
Total benefits, claims and other expenses (249) (1,757,623) (5,949,767) (2,403,376) (10,111,015)
Profit before tax 1,241 1,622 953,352 1,061,833 2,018,048
Income tax expense (2,528) (33,206) (81,028) (116,762)
Profit for the year 1,241 (906) 920,146 980,805 1,901,286