Statement of Financial Position201720162015201420132012
Paid up share capital893.8893.8893.8452.3452.3452.3
Accumulated (losses) / Unappropriated profits253.9148.945.712.4-13.5-65.0
Unrealized gain (loss) on revaluation of available-for-sale investments-39.32.31.60.00.00.0
Total Equity1,108.51,045.0941.2464.8438.8387.3
Investments1,069.5821.8727.049.9153.2149.3
Fixed assets70.0361.2384.7308.7169.1120.2
Capital work in progress21.40.00.04.819.147.9
Cash and bank deposits133.6176.416.69.0108.417.8
Other assets858.8602.0551.6815.9625.8508.0
Total assets of General Takaful Operations – OF335.5318.9190.781.4
Total Assets2,488.72,280.21,870.61,269.81,075.5843.1
Underwriting liabilities805.7831.0693.9695.9568.0418.8
Short term finance
Other liabilities340.2226.1129.981.668.736.9
Total liabilities of General Takaful Operations – OF234.3178.1105.727.5
Total Liabilities1,380.31,235.2929.4805.0636.7455.7
Statement of Comprehensive Income201720162015201420132012
Gross premium written1,383.71,370.21,171.31,156.0869.9706.5
Net premium revenue1,299.51,204.41,129.31,042.9733.5619.9
Underwriting expenses-1,200.3-1,153.7-1,074.4-965.1-619.9-532.4
Underwriting results99.250.754.977.8113.687.5
Investment income and other income171.4181.5140.593.174.382.6
Other expenses-154.8-118.9-160.1-135.2-109.6-107.9
Profit before tax from General Insurance Operations115.8113.335.235.778.462.2
Profit before tax from Window Takaful Operations47.535.510.43.2
Profit / (Loss) before tax for the year163.4148.845.639.0
Profit / (Loss) after tax105.0103.233.325.951.542.7
Ratios201720162015201420132012
Profitability
Profit Before Tax / Gross Premium%7.1%7.2%2.8%3.2%9.0%8.8%
Profit Before Tax / Net Premium%8.9%9.4%3.1%3.4%10.7%10.0%
Profit After Tax / Gross Premium%4.6%5.0%2.0%2.1%5.9%6.0%
Profit After Tax / Net Premium%8.1%8.6%2.9%2.5%7.0%6.9%
Underwriting Result / Gross Premium%4.3%2.5%3.4%6.4%13.1%12.4%
Underwriting Result / Net Premium%7.6%4.2%4.9%7.5%15.5%14.1%
Profit Before Tax / Total Income%10.8%10.5%3.6%3.4%9.7%8.9%
Profit After Tax / Total Income%6.9%7.3%2.6%2.3%6.4%6.1%
Combined ratio%92.4%95.8%95.1%92.5%84.5%103.3%
Net Claims / Net Premium%38.6%42.2%47.1%50.5%42.8%41.0%
Management Expenses / Net Premium%45.0%43.6%35.5%28.1%31.0%34.5%
Net Profit Margin%6.9%7.3%2.6%2.3%6.4%6.1%
Return to Shareholders
Return on Equity%9.4%9.9%3.5%5.6%11.7%11.0%
Return on Assets%4.2%4.5%1.8%2.0%4.8%5.1%
Earnings Per ShareRs.1.391.370.470.501.120.93
Price Earning RatioTimes   17.84   13.85   50.64   51.60    8.88   10.73
Breakup value per shareRs.   14.85   13.84   12.46   10.10    9.54      8.42
Market Data
Market Price per share at the end of the yearRs.  24.80   18.98   23.80  25.75    9.95      9.98
Market Price per share – Highest during the yearRs.   28.35  23.24   24.50  28.00 11.70   14.09
Market Price per share – Lowest during the yearRs.   17.12  14.00    16.41     8.50   7.50     7.01
Performance / Liquidity
Current RatioTimes     1.75     1.55      1.60      1.19    1.39      1.48
Cash / Current Liabilities%9.7%14.3%1.8%1.1%17.0%3.9%
Total Assets TurnoverTimes0.610.620.680.900.750.83
Fixed Assets TurnoverTimes16.613.943.333.634.294.18
Total Liabilities / EquityTimes1.231.180.991.731.451.18
Cashflow from Operations Margin%-2.4%23.0%15.8%15.7%21.3%8.8%
No. Of days in Premium ReceivableDays         73         86          48          31        44          29
No. Of days in Claim SettlementDays         64         62          64         79     100         79
Paid-up Capital / Total Assets%35.7%39.2%47.8%35.6%42.1%53.7%
Earning assets / Total Assets%48.1%43.8%39.8%4.6%24.3%19.8%
Equity / Total Assets%44.8%45.8%50.3%36.6%40.8%45.9%