Pakistan General Insurance : Financial Results for the Year Ended December 31, 2022
April 05, 2023 at 03:01 am EDT
Share
The Pakistan General Insurance Company Limited
Statement of Comprehensive Income
For the Year Ended December 31, 2022
Note
Underwriting results
Dec. 31 / 2022 Dec. 31 / 2021
----------Rupees --------
Net insurance premium
Insurance claims and acquisition expenses
Net insurance claims
Net commission and other acquisition costs
22
Management expenses
23
Investment income
24
Rental income
Other income
25
Other expenses
26
Results of operating activities
Finance costs
27
Income / (loss) before tax
Income tax
28
Income / (loss) after tax
Other comprehensive income:
Items that may be reclassified subsequently to profit and loss:
Unrealized (loss) / gain on available-for-sale investments
Less: Related deferred tax impact
Items that will not be reclassified subsequently to profit and loss:
Revaluation surplus on property, plant and equipment
Less: Related deferred tax impact
-
-
-
-
(21,014,228)
(21,014,228)
3,165,280
2,564,100
1,904,578
(16,279,431)
(29,659,701)
(36,362)
(29,696,063)
904,450
(28,791,613)
(156,998)
23,550
(133,448)
3,200,000
(928,000)
2,272,000
-
-
-
-
(35,503,705)
(35,503,705)
3,611,951
2,008,200
63,032,874
(28,079,979)
5,069,341
(52,022)
5,017,319
8,070,116
13,087,435
(255,450)
38,318
(217,132)
30,901,303
(8,961,378)
21,939,925
Other comprehensive income / (loss) for the year
Total comprehensive income / (loss) for the year
Earnings / (Loss) per share - Rupees
29
2,138,552 21,722,793
(26,653,061) 34,810,228
(0.62)0.28
The annexed notes from 1 to 41 form an integral part of these financial statements.
Chairman
Director
Director
Chief Executive Officer Chief Accountant
Attachments
Original Link
Original Document
Permalink
Disclaimer
Pakistan General Insurance Company Ltd. published this content on 05 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 April 2023 07:00:03 UTC.
The Pakistan General Insurance Company Limited is a Pakistan-based company. The Company is engaged in providing general insurance services in the spheres of fire and property damage, marine, aviation and transport, motor and miscellaneous in Pakistan. The Company operates through four segments: Fire and property damage; Marine, aviation and transport; Motor, and Others. The Fire and property damage segment includes damage caused by fire, riots, explosions, floods, and other coverage. The Marine, aviation and transport segment provides coverage against cargo risk, war risk and in inland transit. The Motor segment provides car coverage and indemnity against third party loss. The Others segment includes crops, live stocks, engineering, and others.
THE PAKISTAN GENERAL INSURANCE COMPANY LIMITED 
