Home > Disclosure > Postal Simple Life Insurance > Comprehensive Income Statement
Accounts | FY 2019 | FY 2018 | |
---|---|---|---|
Operating Revenues | 145,731,294 | 150,161,291 | |
Net Earned Premium Income | 127,794,368 | 133,673,789 | |
Services Charge Revenue | 5,435 | 5,718 | |
Net Investment Income | 17,909,096 | 16,464,280 | |
Other Operating Revenues | 22,395 | 17,504 | |
Operating Cost | 145,538,644 | 149,398,619 | |
Claims Payment | 111,742,898 | 142,850,485 | |
Net Change in Insurance Liabilities | 32,994,667 | 5,851,835 | |
Commissions | 524,825 | 406,313 | |
Other Operating Cost | 276,254 | 289,986 | |
Operating Expenses | 2,859,399 | 2,864,598 | |
Operating Income(Loss-) | -2,666,749 | -2,101,926 | |
Non-operating Income | 1,849 | 25,897 | |
Non-operating Expenses | 2,190 | 1,310 | |
Net Non-operating Income(Loss-) | -341 | 24,587 | |
Net Income or Loss(-) Before Taxes | -2,667,090 | -2,077,339 | |
Income Taxes(Gain-) | 294,188 | -2,143,082 | |
Profit or Loss for the Year | -2,961,278 | 65,743 | |
Other Comprehensive Income for the year | 4,285,608 | -2,928,169 |