Adamjee Insurance Company Limited Unconsolidated Statement of Profit or Loss Account For the Year Ended December 31, 2022
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 - Operator's fund
Profit before taxation
Income tax expense
Profit for the year
Earnings per share - basic and diluted
December 31, | December 31, | |
2022 | 2021 | |
-------- (Rupees in thousand) -------- | ||
16,980,105 | 12,552,477 | |
(11,284,674) | (7,203,883) | |
(2,072,014) | (1,522,908) | |
(13,356,688) | (8,726,791) | |
(3,832,873) | (3,153,423) | |
(209,456) | 672,263 | |
2,127,600 | 2,469,444 | |
162,205 | 131,413 | |
222,868 | 140,789 | |
794,372 | 961,132 | |
(105,553) | (58,840) | |
(148,021) | - | |
2,844,015 | 4,316,201 | |
(35,384) | (50,107) | |
338,577 | 139,267 | |
3,147,208 | 4,405,361 | |
(562,195) | (1,268,867) | |
2,585,013 | 3,136,494 | |
-------------(Rupees)------------ | ||
7.39 | 8.96 | |
Adamjee Insurance Company Limited
Consolidated Statement of Profit or Loss Account
For the Year Ended December 31, 2022
December 31, | December 31, | |
2022 | 2021 |
-------- (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 loss on financial assets at fair value through profit or loss
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 - Operator's Fund (Parent Company)
Profit before taxation
Income tax expense
Profit for the year
Profit attributable to:
Equity holders of the Parent
Non-controlling interest
37,266,033
(25,519,110)
(4,913,550)
(30,432,660)
(4,961,353)
(4,937,305)
(3,065,285)
7,419,976
(2,682,111)
104,855
944,541
497,698
(110,885)
(148,021)
2,960,768
(38,187)
338,577
3,261,158
(874,803)
2,386,355
2,341,165
45,190
2,386,355
32,651,255
(16,309,641)
(4,661,204)
(20,970,845)
(4,344,697)
(9,490,171)
(2,154,458)
5,995,959
(869,463)
83,620
523,130
674,140
(68,447)
-
4,184,481
(53,887)
139,267
4,269,861
(1,326,268)
2,943,593
2,943,593
-
2,943,593
Earnings per share - basic and diluted
-------------(Rupees)------------
6.698.41