INCOME STATEMENT

Statement of comprehensive Income 2013 2012 % Change
for financial year ended Dec 31 2013 N' 000 N' 000  
       
Gross Premium 13,594,216 12,444,451 9%
Net Premium Earned 7,538,366 7,109,300 6%
Net Claims Incurred 3,530,967 3,159,733 12%
Underwriting Profit 2,451,026 2,825,800 -13%
Investment & Other Income 3,733,060 2,358,148 58%
Mgmt Exp & Provisions for Doubtful Accounts (3,931,185) (2,933,675) 34%
Profit/Loss Before Tax 1,991,266 2,179,804 -9%
Taxation 102,925 (576,499) -118%
Profit/Loss After Tax 2,094,191 1,603,305 31%
Transfer to Regulatory Reserve (347,880) (323,688) 7%
Net Comprehensive Income 1,746,311 1,279,617 36%
Other Comprehensive Income (753,029) 177,154 -525%
       
       
Total Comprehensive Income 1,341,161 1,780,459 -25%
       
       
Profit/Loss After Tax Attr. To Noncontrolling Int 191,181 164,875 16%
Profit/Loss After Tax Owners of the Company 1,903,010 1,438,430 32%
Total Comp. Inc.Attr. to Non-Controlling Interest 191,181 164,875 16%
Attributable to Owners of the Company 1,903,010 1,438,430 32%
Basis Earnings per Share 19k 14k  
Fully Diluted Earnings per Share 19k 14k  
       
Source - Mansard / NSE WEBSITE      
 
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