Financial status of Alliance insurance company
Past year observation
In 2067/2068 company earned Rs 47,15,29,212 as insurance premium and previous year of
insurance premium of Rs 2065/66 Rs 32,42,37,753 which is greater than the Rs 14,72,91,459 and
percentage 45% is higher than the previous year premium.
1 Insurance premium collection and expenditure of 2065/66 and 2066/67 mentioned and
below.
Rs(000)
Insurance
business
2065/66
2066/67
Increasing
percentage
Total
premium
Total
premium
saving
Total
saving
Fire
inusrance
Marine
insurance
Motor
insurance
Engineering
insurance
Air
insurance
others
42,148
32
13,377
47,324
42
20106
4467
14
646
5498
21
1159
23
225426
1137
364887
5939
62
17358
11
1956
19220
18
3376
11
34839
17
5996
34600
21
7132
(1)
Total
324238
23112
471529
37712
45
Alliance insurance company
Balance sheet of 2067
Sn
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
Particular
Issued capital
Reserve and
Insurance fund
Extra ordinary fund
Pay to Longterm loan and
borrowing Total
Fixed assets
Long term investment
Long term loan
Current assets and bonus
Cash and bank balance
Short term investment
Short term loan
Others assets
Total(9+10+11+12)A
Current liabilities and
reserves
Current liabilities
Reserve for unusual accidents
This year
137905000
32767149
20009153
2000916
-
Past year
59951700
45845949
8733805
873381
-
192682218
115404835
130,305,221
93,421,653
25,096,429
25,096,429
67,108,902
41,418,106
254026144
82776966
403,912,012
130651540
49002318
221071964
110242339
62,586,807
159,800,221
87,046,365
52,213,393
53,871,255
Reserve for claim
Others reserve
44375491
20680784
Total (13+14+15+16)B
366,631,444
224,185,211
Net current assetsC=(A-B)
Deductible expenses
37,280,568
(3,113,247)
Loss which are transferred
from profit and loass
Total
utilization(6+7+8+17+18+19)
192,682,218
115,404,834
17
18
19
2o
Allianc insurance company
Profit and loss a/c
2066 sharawan 1 to 2067 ashad 32
Sno
Particular
Past year
This year
1
2
Amount transfer from P/L a/c
Investment loan or others
income
Manage return
Others income
Toal income (a)
37,712,944
23,113,213
8,340,877
3,901,914
2,000,000
48,053,821
27,015,127
5,598,289
4,079,932
3
4
5
6
7
8
9
10
11
12
13
14
15
16
expenditure
Management expediute
Aplekhan expenditure
Share expenditure
Others expenditure
Managed fund for loss
Fund for employee homes
Bonus for emplyee
Tax paid(d-e)
Income tax(d)
Separated tax(e)
Total expenditure(B)
Net profit/ loss(A-B)
A)Transferred to insurance fund
B)transferred to insurance
reserve fund
Expenditure related to previous
Transferred from previous year
profit and loss
Amount separated for giving
540,527
588,484
265,712
55,941
3,732,801
2,079,932
14,777,310
7,091,464
14,805,768
7,633,133
-28,457
25,503,123
-541,669
13,307,269
22,550,698
13,707,858
11,275,349
6,853,929
7,810,487
1,102,031
12,919,005
20,187,867
19,772,934
3,638,729
h)Tax reserve
i)Capital reserve
j)Special reserve
k)Others reserve
l)Proposed bonus
1)bonus share
2)cash dividend
17
17,985,510
14,516,315
m)catastrophe reserve
1,127,535
685,393
Transferred loss and profit to the
balance sheet
905,287
1,102,031
Alliance insurance company
Cash flow statement
Sno
A
Particular
Cash flow statement for activities
Income from insurance fee
Reinsurance fees income
Reinsurance commission income
Others direct income
Claim amount of reinsurerd
Reinsurance fee paid
Reinsurance commission paid
Personal commission paid
Claim paid
Service paid amount
Management expenditure paid
Employee bonus paid
Tax paid
Current assets(increase/ decrease)
Current liabilities(increase/ decrease)
Cash in flow from activities
Cash flow form investing activities
Increased fixed assets
Government and increased of
government securites
Rent received as (Investment )
Rent income
Cash in flow from investing
activities
Cash in flow from financing activities
Cash from share
Increase current loan
Dividend paid
Cash in flow from financing
activities
Net cash in flow(a+b+c)
This year
Past year
468,352,001
320,371,254
3,177,211
3,866,499
39,657,154
34,199,890
1,712,225
580,682
Cash in opening
Cash in closing
7,810,487
-161,847,100
-158,825,431
-788,374
-1,069,374
-39,661,388
-30,547,649
-177,906,502
-76,883,391
-1,714,943
-918,776
-47,357,082
-36,317,302
-2,079,932
-652,334
-7,066,420
-2,195,313
-29,581,745
-20,361,246
-29,581,745
-20,361,246
50,588,344
-401,527
-43,138,045
-20,130,176
-123,374,604
-12,400,000
19,958,423
8,091,168
4,515,097
-142,039,129
-24,439,008
59,951,700
4,500,000
-15,711
-18,781
64,435,989
-18,781
25,690,796
6,388,193
41,418,106
35,029,913
67,108,902
41,418,106
2067 ashad 32
