The Nigerian Exchange Group

Presentation of Forecast To The Nigerian Exchange Group Company: AXA Mansard Insurance Plc PERIOD: QUARTER 2 2024

Forecast Profit and Loss Accounts Information

N'000

Insurance revenue

57,921,395

Insurance service expense

(39,019,599)

Net expense from reinsurance contract held

(12,184,870)

Insurance service result

6,716,926

Net Investment and other income

20,365,108

Net fair value (loss) on financial assets

Other operating income

Impairment loss

Operating expense

(8,452,066)

Profit Before Taxation

17,845,290

Forecast Taxation

(5,353,587)

Profit After Taxation

12,491,703

Cash Flow Information

Cashflow From Operating Activities

(2,278,960)

Cashflow From Financing Activities

3,076,793

Cashflow From Investing Activities

(3,442,221)

Net increase/decrease in cash and cash equivalents

(2,644,388)

Cash/Bank Balances At The Beginning Of The Period

14,363,389

Cash/Bank Balances At The End Of The Period

11,719,001

for: AXA MANSARD INSURANCE PLC.

OMOWUNMI MABEL ADEWUSI

Company Secretary

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Disclaimer

AXA Mansard Insurance plc published this content on 07 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 March 2024 13:51:07 UTC.