Adamjee Insurance Company Limited
Unconsolidated Condensed Interim Statement of Profit or Loss Account (Un-audited)
For the Quarter Ended 31 March 2024
Quarter Ended
31 March 31 March
20242023
Rupees in thousand
Net Insurance Premium
Net Insurance Claims
Net Commission and other acquisition costs Insurance claims and acquisition expenses
Management expenses
Underwriting results
Investment income Rental income Other income
Fair value adjustment to investment property Other expenses
Workers' Welfare Fund charge
Results of operating activities
Finance cost
Profit from window takaful operations
Profit before tax
Income tax expense
Profit after tax
5,715,584
(3,563,272)
(797,733)
(4,361,005)
(1,208,966)
145,613
1,202,575
48,298
122,786
-
(44,116)
(32,936)
1,442,220
(2,059)
173,690
1,613,851
(639,101)
974,750
4,839,869
(3,542,850)
(690,654)
(4,233,504)
(993,186)
(386,821)
704,903
44,219
105,400
286,828
(21,258)
(7,859)
725,412
(547)
98,759
823,624
(319,060)
504,564
-------------------------(Rupees) | |||
Earnings (after tax) per share | 2.79 | 1.44 | |
Adamjee Insurance Company Limited
Consolidated Condensed Interim Profit and Loss Account (Un-audited)
For the Quarter Ended 31 March 2024
Quarter Ended
31 March | 31 March | |
2024 | 2023 | |
Rupees in thousand
Net Insurance Premium
Net Insurance Claims
Net Commission and other acquisition costs
Insurance claims and acquisition expenses
Management expenses
Net change in insurance liabilities (other than outstanding claims)
Underwriting results
Investment income
Net fair value gains on financial assets at fair value through profit or loss - unrealised
Rental income Other income
Fair value adjustment to investment property Other expenses
Workers' Welfare Fund charge
Results of operating activities
Finance cost
Profit from window takaful operations
Profit before tax
Income tax expense
Profit after tax
Profit attributable to:
Equity holders of the parent
Non-controlling interest
Earnings (after tax) per share
12,034,918 | 10,599,501 | ||
(9,647,154) | (7,723,555) | ||
(1,565,742) | (1,438,900) | ||
(11,212,896) | (9,162,455) | ||
(1,486,073) | (1,206,371) | ||
(2,783,352) | (2,549,645) | ||
(3,447,403) | (2,318,970) | ||
4,806,598 | 2,982,864 | ||
89,188 | (413,450) | ||
30,678 | 28,454 | ||
318,582 | 315,333 | ||
- | 230,338 | ||
(47,241) | (23,353) | ||
(32,936) | (7,859) | ||
1,717,466 | 793,357 | ||
(1,914) | (1,317) | ||
173,690 | 98,759 | ||
1,889,242 | 890,799 | ||
(842,127) | (394,006) | ||
1,047,115 | 496,793 | ||
1,016,730 | 483,743 | ||
30,385 | 13,050 | ||
1,047,115 | 496,793 | ||
Rupees | |||
2.90 | 1.38 | ||