राष्ट्रिय जीवन बीमा कम्पनीको चौथो त्रैमासिक वित्तीय विवरणRastriya Jeewan Beema Company Q4 Financial Results

Rastriya Jeewan Beema Company Limited

(Ramshahpath, Kathmandu Ph: 01-4262520,web: rbs.gov.np)

Quarterly Financial Results for Fourth Quarter, F.Y. 2082/83 B.S

CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION

Fig in NPR.

Unaudited

Particulars At the end of this Quarter At the end of	Immediate	Previous Year
Goodwill & Intangible Assets	14,477,433	11,681,532
Property and Equipment	25,718,071	29,457,329
Investment Properties	-	-
Deferred Tax Assets	-	-
Investment in Subsidiaries	-	-
Investment in Associates	-	-
Investments	56,832,838,645	49,912,654,660
Loans	7,537,856,422	8,009,385,751
Reinsurance Assets	-	-
Current Tax Assets	-	-
Insurance Receivables	-	-
Other Assets	8,431,165,344	7,627,482,826
Other Financial Assets	-	-
Cash and Cash Equivalent	718,582,576	2,173,628,456
Total Assets	73,560,638,491	67,764,290,554
Equity:
Share Capital	181,020,000	181,020,000
Share Application Money Pending Allotment	-	-
Share Premium	-	-
Catastrophe Reserves	40,106,867	31,428,455
Retained Earnings	(3,688,192,122)	383,674,135
Other Equity	-	-
Total Equity	(3,467,065,255)	596,122,590
Liabilities:
Provisions	-	-
Gross Insurance Contract Liabilities	71,479,532,542	62,192,790,367
Deferred Tax Liabilities	-	-
Insurance Payable	-	-
Current Tax Liabilities	-	-
Borrowings	-	-
Other Liabilities	5,548,171,204	4,975,377,597
Other Financial Liabilities	-	-
Total Liabilities	77,027,703,746	67,168,167,964
Total Equity and Liabilities	73,560,638,491	67,764,290,554

CONDENSED CONSOLIDATED STATEMENT OF PROFIT OR LOSS

Fig in NPR.

Particulars Current Year This Quarter Current Year Upto this Quarter (YTD) Corresponding Previous Year This Quarter Corresponding Previous Year Upto this Quarter (YTD)
Income:
Gross Earned Premiums	605,947,474	9,773,148,404	1,844,975,582	9,637,710,850
Premiums Ceded	(15,923,065)	(59,955,059)	(20,012,301)	(75,416,322)
Net Earned Premiums	590,024,409	9,713,193,344	1,824,963,281	9,562,294,528
Commission Income	11,065,279	11,065,279	-	-
Other Direct Income	(14,428,328)	19,286,194	12,558,474	32,646,090
Interest Income on Loan to Policyholders	64,191,248	277,308,119	82,171,703	274,209,815
Income from Investments and Loans	1,349,389,578	4,067,901,886	1,241,721,824	4,174,784,340
Net Gain/(Loss) on Fair Value Changes	-	-	-	-
Net Realised Gains/(Losses)	-	-	-	-
Other Income	174,870	3,188,275	1,011,368	1,535,210
Total Income	2,000,417,055	14,091,943,096	3,162,426,650	14,045,469,983
Expenses:
Gross Benefits and Claims Paid	1,747,484,097	7,950,951,065	1,563,118,958	6,561,940,065