Ceylinco Life Insurance Limited
INTEGRATED ANNUAL REPORT 2016

SUPPLEMENTARY INFORMATION

Quarterly Analysis 2016

QUARTERLY ANALYSIS 2016

Company Statement of Income (Values are to the nearest Rupees thousand) 1 Quarter
Jan. - Mar. 16
2 Quarter
Apr. - Jun. 16
3 Quarter
Jul. - Sep. 16
4 Quarter
Oct. - Dec. 16
Total
Jan. -Dec. 16
Gross Written Premiums 3,319,266 3,853,870 3,832,050 4,022,414 15,027,600
Premiums Ceded to Reinsurers (89,123) (87,630) (95,510) (101,566) (373,829)
Net Written Premiums 3,230,143 3,766,240 3,736,540 3,920,848 14,653,771
Investment and Other Income 1,899,862 1,955,944 2,304,900 2,619,983 8,780,689
Net Income 5,130,005 5,722,184 6,041,440 6,540,831 23,434,460
Net Benefits and Claims (1,738,709) (1,545,657) (1,651,656) (1,715,660) (6,651,682)
Increase in Life Insurance Fund (1,636,497) (2,534,313) (2,539,484) (1,687,595) (8,397,889)
Acquisition Cost (414,278) (417,464) (419,991) (442,251) (1,693,984)
Other Operating and Administrative Expenses (794,164) (775,666) (770,806) (596,625) (2,937,261)
Finance Cost (1,326) (3,090) (2,275) (3,224) (9,915)
Total Benefits, Claims and Other Expenses (4,584,974) (5,276,190) (5,384,212) (4,445,355) (19,690,731)
Profit Before Tax 545,031 445,994 657,228 2,095,476 3,743,729
Income Tax Expense (118,376) (19,031) (130,403) (396,876) (664,686)
Profit for the Year 426,655 426,963 526,825 1,698,600 3,079,043

Quarterly Analysis 2015

Company Statement of Income (Values are to the nearest Rupees thousand) 1 Quarter
Jan. - Mar. 15
2 Quarter
Apr. - Jun. 15
3 Quarter
Jul. - Sep. 15
4 Quarter
Oct. - Dec. 15
Total
Jan. -Dec. 15
Gross Written Premiums 1,237,723 4,735,028 2,318,526 8,291,277
Premiums Ceded to Reinsurers (25,607) (97,521) (60,336) (183,464)
Net Written Premiums 1,212,116 4,637,507 2,258,190 8,107,813
Investment and Other Income 1,490 547,129 2,265,612 1,207,018 4,021,249
Net Income 1,490 1,759,245 6,903,119 3,465,208 12,129,062
Net Benefits and Claims (522,154) (2,121,192) (1,046,533) (3,689,879)
Increase in Life Insurance Fund (843,821) (2,267,262) (564,773) (3,675,856)
Acquisition Cost (140,694) (540,094) (296,994) (977,782)
Other Operating and Administrative Expenses (246) (250,199) (1,017,764) (493,287) (1,761,496)
Finance Cost (3) (755) (3,456) (1,787) (6,001)
Total Benefits, Claims and Other Expenses (249) (1,757,623) (5,949,768) (2,403,374) (10,111,014)
Profit Before Tax 1,241 1,622 953,351 1,061,834 2,018,048
Income Tax Expense (2,528) (33,206) (81,028) (116,762)
Profit for the Year 1,241 (906) 920,145 980,806 1,901,286