|
|
|
|
|
|
|
|
PAKISTAN
REINSURANCE COMPANY LIMITED |
|
|
|
|
STATEMENT OF
INVESTMENT INCOME |
|
|
FOR THE YEAR
ENDED DECEMBER 31, 2004 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Dec 31,
2004 |
Dec 31,
2003 |
For Three Months ended Sep,04 |
For Three Months ended Sep,03 |
|
Rupees |
Rupees |
Rupees |
Rupees |
|
|
Income from non-trading
investment |
|
|
|
|
|
Held to maturity investments |
|
|
|
|
Return on government securities |
|
108,689,485 |
133,209,601 |
54,623,848 |
25,912,125 |
|
Amortization of premium
on Pakistan investment Bond |
(17,319,229) |
- |
(5,274,124) |
|
|
Return on other fixed
income securities and deposits |
4,515,016 |
3,424,544 |
2,280,684 |
170,183 |
|
Income on treasury bills |
|
359,018 |
- |
|
|
Available for sale investments |
|
|
|
|
Dividend income |
|
260,131,116 |
199,061,894 |
######## |
94,640,524 |
|
Gain on sale of
non-trading investments |
|
|
|
Available for sale investments |
2,889,213 |
- |
(1) |
- |
|
Gain on revaluation of
non-trading investments |
|
|
|
|
Available for sale investments |
3,874,734 |
- |
3,483,123 |
- |
|
363,139,353 |
335,696,039 |
######## |
######## |
|
|
|
|
Less: investment related
expenses |
2,613,658 |
2,885,157 |
1,346,217 |
629,368 |
|
|
|
|
|
|
Net investment income |
|
360,525,695 |
332,810,882 |
######## |
######## |
|
|
|
|
|
The annexed notes form an
integral part of these financial statement |
|
|
|
|
|
|
|
|
|
Maj (R) Muhammad Fazal Durrani |
__________ |
__________ |
|
|
|
Executive Director (F&A) |
Chief Executive |
Director |
Director |
|
|
|
|
|
|
|
|
|
|
|
|
|
|