Value Added Statement

For the year ended 31st December, 2018

Head of accounts

Taka in million

Gross premium income 472.34
Investment and other income 84.33
Fair value gain on investment in shares (adjusted) 79.66
Commission on re-insurance ceded 59.21
695.54
Less: Purchases of supplies and services 110.75
584.79
Re-insurance ceded 194.05 33.18%
Employees services and benefits 125.76 21.51%
Net claims 53.17 9.09%
Income tax to Government 26.00 4.45%
Dividend to shareholders 54.61 9.34%
Depreciation, retained profit and reserves 131.20 22.43%
584.79 100%