SHAHEEN INSURANCECONPANY LTD.
Head Office : 10th Floor, .Shaheert Com plex, M.R. Kayani I4oad, Kara chi - 74200
Tel: (+9221 ) 2630370-75 Fax: (+ 9221) 32626674 E-mail: infofislaahceninsurancc.ccirn
Ueb: shaheeninsurance.cont
The General Manager
Pakistan Stock Exchonge Limited,
Stock Exchange Building, Stock Exchange Road, KOrOchi.
Aug 27, 2025 SICL/CS/048/2025
Sub:
Dear Sir,
Finonciol Resulfs for the Half yeor ended June 30. 2025
We have to inform that the Board of Directors of our company in their meeting held on August 27, 2025 at ) 0:00 a.m. through video link at the registered office of the Company recommended the following:
CASH DIVIDEND NIL
BONUS SHARES NIL
RIGHT SHARES NIL
ANY OTHER ENTITLEMENT/CORPORATAECTION NJL
ANY OTHER PRICE SENSITIVE INFORMATION NIL
The financial results for the half year ended June 10, 2025 approved by the Board Ore ottoched.
The half yearly report of the company for the period ended June 30, 2025 will be transmitted through PUCARS separotely, within the specified time.
Yours sincerely,
Aqeel Anw r Komo
* "' %
y
Company Secretar
Enclosed. As stated above
smiizxs iNscmscz corirr noirs
CONDENSED INTERIM STATEMENT OF FtNANCIAt POSITION
AS AT 30, 2025
0 ecember 37, 2024 Jsnuay I, 2024
(A•a'•a)(*,ai‹w)
--•• (Rti pees)
Restated
ASSETS
Property and equipment Intangible assets Investment properties Investments
Dcbt securities Term deposits
Advances, deposits and otfier receivables Insurance / re-iosumnce receivables
Re-insuraoce recoveries a6ainst outstanding claims Salvage recoveries accrued
Deferred commission expense Prepaymenis
Bank deposits loud as margin
134,266,313
372,250
168,875,569
8 421,'703,012
9 4t0,936,443
t0
33,639Q90
504,948,908
20 15gS4514
8402@70
21 57,922682
105,602.114
I2 59,526,415
115.379,916
496,333 t68,875,56g
389,249,173
378,240,458
2,780,000
30,434,180
409›234,224
11,809,349
827,470
85,06S,9S2
51,782,176
35,967,143
75,697,353
167,0J0.5a9
1 t5,018.363
119,292,049
448,879,290
22,617,001
24 I ,444,093
8,006,25 fi
28.200
3B,205,966
48,47'7, 102
51,093,7'78
Cash and bad t3 1S6,612,863 2M. I57,570 300,195,0t2
Total assets ot window takc£ol opei'ations - Operator's Purtd
2,078,743J42
127.384,349
l93, 99542
120,211,125
1,536,905,0 14
83,724,066
Tool asschs ot window takafiil opemtions • Participants' Takaful Fund Tota} Assets
RQUITY AND LfABDUTIES
Capital end reseryc¥ attributable to Company's
•4 u1ty folders
3 & 14
173,994.617 50,001,590 80.673.254
2£ 80,122,308 2, 84,072,M6 1,701.302,334
Rcscrvcs
l5 798,694,040
30,449,715
645,000,000
33,05s,831
G00,000,000
20,237,792
Unappropriatcd profit 233.829.929 329.G37.419 224.3?8,04g
Total Equity
Outstanding claims including T8NR Unearned premium rcsorycs Premium deficiency reserves Unearned reinsurance comm ifiston
Lease liabilities
Insurance / re-insurance payables 0 ther creditors and accruals
Traion•goCñon1ospi vox
Total liabilities of window takaffll operafions - Operator's Fund
1,062,973,684
265,657,9S5 | 196,€8{j40 | 207,559,987 | |
450,853,908 | 4'73,265,299 | 249,2G4,26G | |
337,245 | 337,245 | 337,z45 | |
11,829,580 | 2,991,559 | 2,880,777 | |
28,77S,494 | I6,389, s27 | I 9,4 T5.330 | |
8,220.6G2 | 2,332,085 | 11,144,220 | |
75,483,930 | 5S,429,758 | 32,297,86G | |
220,4l4,57G | 200,G41,703 | 20G,837.955 | |
3,T 78,301 | 3,178,301 | 1, 823,901 | |
28,168,463 | 26.082,865 | 22,003.845 |
20
19
21
16
17
1,093,920,114
50,233,893
1,007,697,250
s77,329,602 48,983,815
844,G0S,840
753,5G5,392
22.457.848
Tool liabilities and Fund of window inka£ul operations • Panicipants' Takaf:ul Fund
3 & 14
173,994.6J 7 150.061,590 80,673,254
2.380.122,308 2, I 84.072,25 6 1.?01.302.334
SHAHEEN INSURANCE COMPANY LIMITED
CONDENSED INTERIM PROFIT AND LOSS ACCOUNT (UN-AUDITED) FOR THE THE MONTES AND SIP MONTHS PERIOD ENDED TUNE 30, 202S NoteThree months period enaed Six m0DthS 8rf0d 0Hdfld
June 30, 2025 June 30, 2024 June 30, 1025 June 30, 2024
(Un-audited) (Un-audited) (Un-audited) (Un-audited)
Net insurance premium
Set insurance claims
N*t conunission expense / acquisition cost
Insurance claims and acquisition expenses Management expenses
Underwriting results Investment income Rental income
Other income Other expenses
Results of opomting ortivities
Finance chargcs against lease liabilities
Profit before tan from window takaful operations - OPF Profit before tax
Taxation Profit after tax
Earnings per share - basic and diluted - (restated)
19 364,733,011 207,089,677 721,801,336 360,883,g24
20 (247,498,985) (118,081,804) (441,613,875) (174,364,940)
21 (46.246,101) (31,772.016) 124,278,851 (63,502,281)
(293,745,086) (149,853,820) (565,892,726) (237,867,221)
(60,878,476) (56.892,703) (125,281,228) 106,833,896) 10,109,449 343,154 30,627,382 16,182,707
22 45,288,604 30,531,769 56,970,121 61,024,096
625,786 568,895 1,251,573 1,137,793
23 5,547,171 19,520,6tl 13,854,524 35,554,670
24 (14,106,407) (2,002,063) (18,111,878) 4,506,306)
47,464,603 48,562,366 84,591,722 109,392,9G0
(979,028) (327,524) (1,819,587) (853,683)
5,855,531 3.822,671 9,400,415 7.772,239 52,341,t06 52,4â7,513 92,172,550 116,311,516
(15,341,544) (15,2t2.679) (26.730,039) (33,809,928)
36.999,562 37,244,834 65,442.510 82,501,588
26 0.46 _ 0.47 0.82 1.03
SHAHEEN INSURANCE COMPANY LIMITED CONDENSED INTERIM STATEMENT OF CASH FLOWS (UN-A UDITED) FOR THE SIX MONTHS PERIOD ENDED JUNE 30, 2025 | ||||
June 30, 2025 | June 30, 2024 | |||
(Un-auaited) | (Un-audited) | |||
Restated | ||||
-- --- (Rupees-) | ||||
OPERATING CASHFLOW | ||||
a) Underwriting activities | ||||
Insurance premium received | 769,828,214 | 417,373,436 | ||
Reinsurance premium paid | (194,030,143) | (181,319,545) | ||
Claims paid | (404,386,537) | (108,278,627) | ||
Reinsurance and other recoveries received | 27,624,192 | 3,248,551 | ||
Commission paid | (96,150,717) | (10,581,039) | ||
Commission received | 30,585,741 | £.566,303 | ||
Management expenses paid | (135.283,918) | (56.306,329) | ||
Net cash (used in) / generated from underwriting activities | (1,813,168) | 72,302,750 | ||
b) Other operating activities | ||||
Income tax paid | (13,848,571) | (5,373,667) | ||
Net cash (used in) other operating activities | (13,848,571) | (5,373,667) | ||
Total cash (used in) / generated from operating activities | (15,661,739) | 66.929,083 | ||
INVESTMENT ACTIVITIES | ||||
Investment income received Rentals received Bank deposits held as margin | 56,501,652 (23,559,272) | Gl,264,7l3 S99,79S 2,427,373 | ||
Papncnts for investments - net | (71,225,649) | (54,775,745) | ||
Fixed capital expenditure | (15,912,238) | (33,869,5 94) | ||
Proceeds from disposal of property and equipment | 253,007 | 1 I ,G33,9 I I | ||
Totnt cash (used in) investing activities | (53,542,500) | (12,722,5471 | ||
FINANCIN G ACTIVITIES Financial charges paid | (1,819,587) | {289,935) | ||
Dividend paid | (12,822,649) | |||
Principal repayment of lease liabilities against right-of-use assets | (8,900,88 1) | (9,929,061) | ||
Total cash (used in) financing activities | (10,7?0,468) | (23.041.645) | ||
Net cash (used in) / generated from all activities | t80,324,707) | 31,164.891 | ||
Cash and cash equivalents at the beginning of the period | 236,937,570 | 649,074,302 | ||
Cash and cash equivalents at the end of the period | 156,612,863 | 680,239,195 | ||
Page - 1
Reconciliation to condensed interim profit and loss account
Operating cash flows (15,661,739)
Depreciation (10,829,210)
Finance charges against lease liabilities (1,819,587)
Gain on disposal of property and equipment 223,108
Rental income 1,251,573
(Increase) / decrease in assets - PTO (23,933,027)
Increase (decrease) in liabilities an6 fund - PTF 23,933,027
(Increase) / decrease in assets other than cash 144,448,033
Increase / (decrease) in liabilities (118,540,205)
Investment and othcr income 56,970, 121
Profit from window takaful operations - OPF 9,400,415
Profit after tax 65,442,510Cash and cash equivalents for the purpose of the condensed interim cash flow statement include the following:
June 30, 202S
(Un-audited)66,929,083
(14,531,303)
(1,143,618)
6,138,411
1,137,793
(35, I 33,497)
35,133,497
201,575,688
(24G,400,80 1)
61,024,096
7,772,*39
82,50 l,£S8
June 30, 2024
(US-audited) Restated
-• -•-•--------- (Rupees) --------- ---
Cash and other equivalents
Cash in hand | 212,465 | 320,513 | |
Policy stamps in hand | 237,414 | 105.284 | |
449,879 | 423,797 | ||
Cash at banlt | |||
Currcnt accounts | 10,595,178 | 172,525,261 | |
Savings accounts | 145.567,806 | 64,858.846 | |
156,1G2,984 | 237,384,107 | ||
Deposits maturing within 3 month | |||
Term deposits - local currency | 442,429,291 | ||
156.612.863 | 680,239,195 | ||
Page-2
SHAIIEEN lNSUltANCE COiIPANY LIi11 I"ED
CONDENSED fNTERI V STATEi1ENT OF COsirnEHzNS IVE lNCOiI* t<*-AUDITED) FOR THE THREE i4ONTHS AND SIX MONTHS PERIOD ENDED JUNE 30, 2025
"flu-ee months pcrioit ended Sia months period ended
June 30, 2025 (Un-audited) | June 30, 2024 June 30, 2025 (U n-audited) (Un-audited) (Rupees) | Juite 30, 2024 (Um-audited) | ||
Profit aftcr tax | 36,999,562 | 37,244,834 | 65,442,510 | 82,501,588 |
Other comprehensive income / (loss) | ||||
Items that may be reclassified subsequently to profit and loss account Unrealised gain / (loss) on available for sale investments | (17,750,891) | 556,801 | (10,166,076) | 286,697 |
Total coiaipreliensivc incoiiie for the period 19,248,671 37,801,635 55,276,434 82,788,285
rt Itribe table to eg nity holders of th e Compar i
""""' | Reserve for issue o I bo nus sfiare | Unrealised (loss) / gain on available-for-safe | Total | ||||||
--- | -- (Rup ets) ---------- | ------------ | ---- | ||||||
8 aIa rice as at Deeemb er 31, 2023 (Audited)
600,000,000
20,000,000
237,792
224,368,048 844,GO5,840
Total comprehensive income for the period Profit for the period ended June 30, 2024 Other comprehensive income for the prriod
82.f0l,588
286497
82,501,588
284,G97
82,50I,588
52,788,285
Trail sa tttons with o¥ners:
Bonus shnres issued for the year ended December 31, 2023 D 7.5%
40,500,000
4, 500,000
(d 5,000,000) -
Dividend for Ihe year ended December 31, 2023 Q 7.5 n pees per share (15,000,000) (I 5,000,000)
40,50c.000
4,500,000
(60,000,000) (15,000.000)
Ba Ia rice as at June 30, 2024 (U«-a udited)
B aI ance as at Decemb er 31, 2024 (Audited)
M 0,500,000
6-4 5,000,000
7O,OOO,XO
?O,OOO,OOO
4,â00,000
524,489
13,059,83 I
24 G,8G9,63 6 9t2,394, 125
329,637,4l 9 I ,007,G97,250
Total comprehensive income Tor the period ProfiI for the period ended June 30, 2025 OF cr comprehensive (loss) for the period
65,442,510
(10, 166,076)
65,442,S 10
(10,166,076)
(10, I 66,076)
65,442,5 10
55,276,434
Transactions with o entrsi
Bonus shares issped for the year ended December 31, 2024 @ 25%
153,694,040
7,555,960•
(161,250,000)
Ba Iance as at Ju n e 30, 2025 (Un-a udited)
798,694,0â 0
20%000O0
7,555, 960
2.893.755
233,82 9,92 9 1,062.973,684
SHAHEEN INSURANCE COMPANY LIMITED - WINDOW TAKAFUL OPERATIONS CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION
AS AT JUNE 30, 2025
Operator's Fund Participants' Takaful FundJune 30, | December 31, | June 30, | December 31, | |||
2025 | 2024 | 2025 | 2024 | |||
(Un-audited) | (Audited) | (Un-audited) | (Audited) | |||
ASSETS Note | ||||||
Property and equipment | 6 | 369,809 | 410,899 | |||
Investments | 7 | 57,215,?31 | 56,143,372 | 3,946,000 | 3,830,000 | |
Other receivables | 1,943,276 | 1,862,813 | 7,906,990 | 5,934,034 | ||
Takaful / retakaful receivables | 92,792,453 | 86,543. t38 | ||||
Rotalcaful recoveries against outstanding claims / benefiu | 16 | 2,200,566 | 39S,152 | |||
Salvage recoveries accused Deferred commission exynse | 20 | 7,908,276 | 8,375,714 | 619,920 | 619,920 | |
Receivable front PTO | g | 35,351,498 | 31,328,732 | |||
Deferred wakha fee | t4 | • | 12,72s,517 | 16,585,028 | ||
Taxation less provision | - | • | 2,345,355 | 2,06J,433 | ||
Prepaid retakaful contribution ceded | 13 | - | 683,498 | 150,516 | ||
Cash a»d bank | t0 | 24.595,559 | 22.089.595 | 50,774,318 | 33,940,368 | |
127,384,349 | 120,211.125 | 173,994,617 | 150,061,589 | |||
TOTAL ASSETS | 127,384.349 | 120.211,125 | 173.994.617 | 150.061.590 | ||
FUNDS AND LIABILITIES |
Operator's Fund Statutory fund Accuriiulated profit Unrealised (loss) on
available-for-sale investments BWnnc«ofOpcrstor,Fund Participants' Takaful Fund
Ceded money
77,150,456 71,227,310
50,000,000 | 50,000,000 | ||
27,90J ,505 | 21,227,310 | ||
(751.149) |
500,000
500,000
Accumul ated surplus 57,418.465 27.B44,42G
Balance of Participants' Takaful Fund
LIADILITfES
24,975,595 | 24,494,927 | ||
40,446,477 | 50,077,179 | ||
88,578 | 20,297 |
677,989 | 629,101 | ||
7,756,113 | 8,447,862 | ||
12,725,515 | 16,585,028 | ||
33,35 I ,498 | 31,328,732 | ||
32,307,271 | 29,194,915 | 6,?79,902 | 6,719,066 |
5.201.107 | 3.203.872 |
PM underwriting provisions
57,918,465
28,344,426
Outstanding claims including IBNR Uneanied contribution reserve | 16 i3 | ||||
Reserve for unearned retakaful rebate | 15 | ||||
65,510,650 | 74,592,403 | ||||
Contribution received in advance | |||||
Takaful / tetalratul payables | |||||
Unearned wakala fee | |||||
Payable to OPF | 9 | ||||
Other creditors and aeomals | lt | ||||
Taxation less provision | |||||
TOTAL LIABILITIES | 50,233,893 | 48.983,8 IS | 50,565,502 | 47,124,76 1 | |
TOTAL FUNDS AND LIABILITIES | 127.384.349 | 120.211,125 | 173,994,617 | 150,061.590 | |
SHAHEEN INSURANCE COMPANY LIMITED - WINDOW TAKAFUL OPERATIONS CONDENSED INTERIM PROFIT AND LOSS ACCOUNT (UN-AUDITED)
FOR THE THREE MONTHS AND SIX MONTHS PERIOD ENDED JUNE 30, 2025
Three months period ended Six months period ended
Joe | June 30, 2025 | June 30, 2024 ---- (Rupees) | June 30, 2025 | June 30, 2g24 | |
PTF rcvcn uc accoun t | |||||
Contributions carried Less: Rc-takaful contribution ceded | 28, I 92,625 (4,334,552) | I S,926,30£ (3,207,626) | 47,8 I 5,303 f7,360.102) | 30.727,?83 (5,230,932) | |
Net contributions revenue | 13 | 23,858,073 | 12,718,680 | 40,455,201 | 25,456,352 |
Reta kaful rebate canned | 15 | 27,78J | 9,316 | 39.168 | 49,?31 |
Net underwriting income | 23,885,860 | 12,709,364 | 40,494,369 | 25,545,883 | |
Net claims expense | 16 | (9,177,696) | (3,693,361) | (12,038,668) | (4,374,678) |
Oihcr direct expenses | 17 | (513,907) | (179,110) | (627,213) | (252,381) |
Surplus before investment income | 14,194,257 | 8,836,893 | 27,828,488 | 20,918,824 | |
Investment income | 1S | 68,472 | 605,435 | 126,329 | 1,157,265 |
O ther income | 19 | 929,730 | 845,450 | 1,G31,857 | 1.454,045 |
Less: Modarib's share of investment income | (5.845) | (21,936) | (12,635) | (77,119) | |
Surplus for the period transferred to accumulated surplus | 15,185.610 | 10.265.843 | 25,574.039 | 23.4g3,014 | |
Opcrator's Fund (OPF) | |||||
Wakala fee | 14 | 13,051,299 | 7,042,396 | 22,481,199 | 13,752,030 |
Corruiaission expense | 20 | (5,842,936) | (3,883,339) | (10,756,748) | (7.089,518) |
Management expense | 21 | (3,808,725) | (1.743,601) | (5,447,364) | (3,835,422) |
3,399,638 | 1,415,455 | 6,277,087 | 2,857,090 | ||
Modarib's share of PTF investment income | 6,849 | 21,936 | 12,635 | 77,119 | |
Invcstment income | 18 | 401,237 | 2,069,829 | 732,806 | 3,585,240 |
Dircct expenses | 22 | (142,409) | (310,404) | (143,719) | (311,214) |
Other income | 19 | 2,067.306 | 623,8SS | 2,S2/.606 | J ,564.005 |
P rofit bcfo re ta xation | 5,732,621 | 3,822,672 | 9,400,415 | 7,772,240 | |
Taxation | 23 | (1,662,46 I) | (1,108,575) | (2,726,120) | (2,253,949) |
Profit aFtcr taxation | 4,070.160 | 2.714.097 | 6.674.295 | 5.516,291 |
SHAHEEN INSURANCE COMPANY LIMITED • WINDOW TAKAFUL OPERATIONS CONDENSED INTERIM STATEMENT OF CASH FLOWS (UN•AUDITED)
FOR THE CIX MONTHS PERIOD ENDED JUNE 30, 2025
operator's F •a to F) Participants' Takaful Fund (PTF)
OPERATING ACTIVITIES | June 30, 3025 ----- | -- | June 30, 2024 - (Rupees) | June 30, 2035 - | June 30, 2024 ------------- | |
a) Takaful activities | ||||||
Contribution received | 54,465,370 | 23,565,531 | ||||
Re-takaful contributions paid | (8,584,833) | (12,134,359) | ||||
Clairris paid / benefits paid | (13,613,832) | (12.645,319) | ||||
Commissions paid | (5,350,501) | (42,604,417) | ||||
Re-takaful rebate / commissions received | I07449 | 3,52 I | ||||
Re-takaful and other recoveries received | 248,4 9 | 35,052 | ||||
Wakala fees received | 14,611,555 | 8,179,693 | ||||
Wakala fees paid | (14,611,555) | (8,249,999) | ||||
Modarib share received | 203,070 | |||||
Modarib share paid (203,0701 | ||||||
Net cash generated from / (used in) underwriting activities | 9,464,t24 | (34,424,724) | 17,807,948 | (9,425,173) | ||
b) Other operafing activities | ||||||
Management and other expenses paid | 3 793 73 | 3 7 250 ) | (22 1 3) | ( 3 431 | ||
Taxes paid | 5 4 1 700 | 2 33 075 | 386 1 3) | 53 908) | ||
Net cash (used in) other operating activities | (9,265.439) | (6,033.576) | (2.637,536) | (669,339) | ||
Total cash generated from / (used in) operating activities | 198.685 | (40,458,300) | 15,170,412 | (10,094,512) | ||
INVESTING ACTIWTIES | ||||||
Profit / return received | 3,375,838 | 5,148,570 | 1,779,537 | 2,916,385 | ||
Total cash flow from investing activities | 3,379,838 | 5,148,570 | 1,779,537 | 2,916,385 | ||
Net cash flow from / (used in) all activities | 3.578.523 | (35,309,730) | 16,949.949 | f7.178.127) | ||
Cash and cash equivalents at the beginning of period | 78,232,967 | 51,791,571 | 37,770,369 | 32,018,927 | ||
Cash and cash equivalents at end of the period | 81,811.490 | 16,481,841 | 54,720,318 | 24.840,800 | ||
Reconciliation to profit and loss account | ||||||
Operating cash flows | 198,685 | (40,458,300) | 15,170,412 | (10,094,512) | ||
(Increase) / decrease in assets othct then cash | 3,761,218 | 47,743,795 | 7,004,428 | 42,386,699 | ||
Increase / (decrease) in liabilities | (1,250,078) | (6,879,095) | 5,641,01 I | (11,650,482) | ||
Depreciation / amortisation expense | (41,090) | (37,354) | - | |||
Investment and other income - net | 4.005,560 | 5,149,245 | l,758,1S9 | 2.641,310 | ||
Surplus for the period | 6,674.295 | S,5 I 8,29t | 29,574,039 | 23,483.014 | ||
Operator's Fund (OPF) Participants' Tahaful Fund (PTF)
June 30, 2025 (Un-audited) | June 30, z024 (Un-audited) | June 30, 2025 (Un-audited) | June 30, 2024 (flu-audited) | |
Cash at bank | ||||
Savings accounts | 24,595.559 | G.481.841 | â0.774,318 | 24.840.800 |
24,595,559 | I 6,481,84T | 50,774,318 | 24,540,800 | |
Short-term investments | 57,215.93 I | 3,946,000 | ||
81.8 11,490 | 16,481,841 | 54.720,318 | 24,840,800 | |
SHAHEEN INSURANCE COMPANY LIMITED - YINDOIV TAKAFUL OPERATIONS CONDENSED INTERIM STATEMENT OF COMPREHENSIVE INCOfIE (UN-AUDITED) FOR THE THREE A4ONTHS AND SIX MONTIJS I'ERIOD ENDED JUNE 30, 2025
Three months period ended Six months period ended
PAIITICIPANTS' TAKAFUL FUND
June 30, June 30,
2025 2024
-------- -- {Ruyees) -----------
June 30, June 50,
2025 2024-- ---------- (Rupees) ------------
Surplus during the period | 15,185,610 | 10,265,843 | 29,574,039 | 23,483,014 | ||
Other comprehensive income for the period | ||||||
Totat comprehensive income for the ycziod | 15,185,610 | 10,265,843 | 29,574,039 | 23,483,014 | ||
OPERATORS' PUND Profit after tax for the period | 4,070,160 | 2,714,097 | 6,674,295 | 5,S18,291 |
Items that may subsequently be classified to profit and loss account Other comprehensive (loss) for the period
(75/,l49)
Total comprehensive income for the period
4,070,160
2,714,097
5,923,146
5,518,291
SHAHEEN INSURANCE COMPANY LIMITED - WINDOW TAKAFIJL OPERATIONS
Operator's Fund | |||
Statutory funa | Unrealised (loss) / gain on available-for-sale investments | Total | |
CONDENSED INTERIM STATEMENT OF CHANGES £N FUND (UN-AUDITED) FOR THE SIX MONTHS PERIOD ENDED JUNE 30, 2025
Balance ss st December 31, 2023 tAuditea | ----- Rupees) 50,000,000 | - --------- N,2GG2}8 | 61,266,218 | ||||
Total comprehensive income for the period | |||||||
Profit after tax for the period Other comprehensive income for the period | S,'i t8,291 | 5,518,291 | |||||
Balance as at June 30, 2024 (in-audited) | 50,000.000 | - | 16,784,509 66,784,509 | ||||
Balance »s at December 31, 2024 (Audited) | 50,000,000 | 21,227,310 | 71,227,310 | ||||
Total comprehensive income for the period Profit after tax for the period | G,674,295 | G,G74,295 | |||||
Other comprehensive loss for the period | (751,149) | (7S1.149) | |||||
Balance as at June 30, 2025 (Un-audited) | 50.000.000 (751.149) | 27,901.605 77.150,456 | |||||
Participants' Takaful Fund | ||||
Cedetl Money | Unrealised (loss) / available-for-sale investments | Accumulated Surplus | Total | |
Balance as at December 31, 2023 (Audited) | 500,000 | 2,881,617 | 3,381,617 |
Total comprehensive income for the period Surplus for the period | 23,483,014 | 23,483,014 | |
Other comprehensive income for the period |
------•---------- (Rupees) -------------
Balance as ct June 30, 2024 (Un-audited)
500,000 - 26.364.631 26.864.63 l
Balance as at December 3t, 2024 (Audited) | 500,000 | 27,844,426 | 28,344,426 |
Total comprehensive income for the period | |||
Surplus for the period Other comprehensive income for the period | 29,574,039 | 29,374.039 |
Balance as at June 30, 2025 (Un-audited) 500.000 - 57.418.465 57.918.465