 |
| |
Himalayan General Insurance Co. Ltd.
From financial year 2002-03 to 2006-07
Comparative Financial Information |
| Nepalese Rupees In Thousands |
|
2059/60 |
2060/61 |
2061/62 |
2062/63 |
2063/64 |
|
2002 - 03 |
2003 - 04 |
2004 - 05 |
2005 - 06 |
2006 - 07 |
| CAPITAL & LIABILITIES |
|
|
|
|
|
| Paid Up Capital |
30,000 |
30,000 |
30,000 |
30,000 |
30,000 |
| Proposed Bonus Share |
- |
- |
- |
- |
33,000 |
| General Reserve |
22,507 |
28,486 |
30,000 |
30,000 |
30,000 |
| Profit and Loss (Retained Earnings) |
6,007 |
11,986 |
21,484 |
33,326 |
5,558 |
| Reserve - Statutory |
16,645 |
19,220 |
23,035 |
28,439 |
35,560 |
| Provision for Unsettled Claims |
7,973 |
4,564 |
3,806 |
5,126 |
10,532 |
| Other Liabilities |
46,933 |
52,256 |
1,19,380 |
49,897 |
36,113 |
| TOTAL |
130,065 |
146,512 |
2,27,705 |
176,788 |
1,80,763 |
|
|
|
|
|
|
| ASSETS |
|
|
|
|
|
| Fixed Assets |
12,638 |
9,840 |
42,597 |
47,488 |
47,003 |
| Investment |
72,690 |
91,390 |
1,10,790 |
78,942 |
81,000 |
| Other Assets |
40,943 |
43,482 |
71,636 |
45,704 |
44,971 |
| Cash and Bank Balances |
3,794 |
1,800 |
2,682 |
4,654 |
7,789 |
| Total |
130,065 |
146,512 |
2,27,705 |
176,788 |
1,80,763 |
|
|
|
|
|
|
| Annual |
|
|
|
|
|
| Gross Premium |
154,675 |
1,49,597 |
2,02,679 |
2,27,363 |
2,18,112 |
| Net Premium |
32,677 |
37,579 |
45,205 |
55,948 |
69,547 |
| Net Claims |
13,938 |
12,730 |
20,724 |
24,726 |
35,599 |
| Management Expenses |
16,521 |
21,230 |
19,584 |
20,542 |
23,624 |
| Surplus from Revenue Accounts |
15,200 |
16,530 |
13,927 |
17,065 |
13,380 |
| Income from Bank Interest |
6,165 |
6,909 |
7,222 |
6,059 |
5,603 |
| Miscellaneous Income |
1,024 |
1,061 |
815 |
1,425 |
567 |
| Net Profit Before Tax |
16,398 |
17,223 |
15,527 |
16,539 |
11,275 |
| Provision for Income Tax |
4,875 |
5,265 |
4,516 |
4,569 |
3,745 |
| Net Profit After Tax |
11,523 |
11,958 |
11,011 |
11,970 |
7,530 |
|
|
|
|
|
|
| REVENUE |
|
|
|
|
|
| Fire Premium |
35,501 |
41,257 |
47,685 |
48,525 |
54,478 |
| Marine Premium |
7,603 |
5,637 |
7,248 |
6,760 |
4,734 |
| Motor Premium |
29,670 |
35,378 |
37,503 |
46,459 |
58,040 |
| C.A.R. & Engineering Premium |
1,516 |
2,065 |
6,031 |
5,284 |
10,239 |
| Aviation Premium |
52,013 |
34,837 |
68,113 |
84,270 |
14,231 |
| Miscellaneous Premium |
28,372 |
30,423 |
36,099 |
36,065 |
76,390 |
| GROSS PREMIUM |
154,675 |
149,597 |
2,02,679 |
2,27,363 |
2,18,112 |
|
|
|
|
|
|
| REVENUE - SURPLUS |
|
|
|
|
|
| Fire Premium |
6,636 |
5,141 |
4,773 |
6,407 |
5,936 |
| Marine Premium |
(9) |
(47) |
(1,405) |
323 |
(77) |
| Motor Premium |
9,803 |
8,890 |
10,386 |
8,714 |
6,449 |
| C.A.R. & Engineering Premium |
(2,826) |
3,144 |
827 |
401 |
(415) |
| Aviation Premium |
(2,834) |
(3,630) |
(4,913) |
(4,619) |
(469) |
| Miscellaneous Premium |
4,430 |
3,032 |
4,259 |
5,839 |
1,956 |
| GROSS SURPLUS |
15,200 |
16,530 |
13,927 |
17,065 |
13,380 |
|
|
|
|
|
|
|
|
|
|
|
|
| PER SHARE |
NRs. |
NRs. |
NRs. |
NRs. |
NRs. |
| Net Profit |
38.41 |
39.86 |
36.70 |
39.90 |
25.10 |
| Book Value |
195.05 |
234.91 |
271.61 |
311.08 |
218.53 |
| Dividend |
0 |
0 |
0 |
0 |
5.79 |
| Bonus Share |
0 |
0 |
0 |
0 |
1 : 1.1 |
|
|
|
|
|
|
| KEY RATIO |
% |
% |
% |
% |
% |
| Annual Gross Premium (increase / decrease) |
0.21 |
(3.28) |
35.48 |
12.17 |
(4.07) |
| Annual Net Premium (increase) |
22.36 |
15.00 |
20.29 |
23.76 |
24.31 |
| Unsettled Claims on Net Premium |
15.43 |
(9.07) |
(1.68) |
2.36 |
7.77 |
| Net Claims on Net Premium |
42.65 |
33.88 |
45.84 |
44.19 |
51.18 |
| Management Expenses on Gross Premium |
10.68 |
14.19 |
9.66 |
9.03 |
10.83 |
|
|
|
|
|
|
| NO. OF EMPLOYEES |
48 |
49 |
50 |
65 |
72 |
|
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