Home > Disclosure > Postal Simple Life Insurance > Comprehensive Income Statement
Accounts | FY 2021 | FY 2020 | |
---|---|---|---|
Operating Revenues | 122,296,361 | 143,106,212 | |
Net Earned Premium Income | 99,177,717 | 118,503,400 | |
Services Charge Revenue | 1,826 | 2,726 | |
Net Investment Income | 23,096,968 | 24,578,112 | |
Other Operating Revenues | 19,850 | 21,974 | |
Operating Cost | 123,505,790 | 140,901,899 | |
Claims Payment | 118,377,154 | 122,173,287 | |
Net Change in Insurance Liabilities | 4,543,926 | 17,876,491 | |
Commissions | 354,982 | 575,581 | |
Other Operating Cost | 229,728 | 276,540 | |
Operating Expenses | 2,777,639 | 2,883,629 | |
Operating Income(Loss-) | -3,987,068 | -679,316 | |
Non-operating Income | 44,941 | 11,539 | |
Non-operating Expenses | 972 | 4,275 | |
Net Non-operating Income(Loss-) | 43,969 | 7,264 | |
Net Income or Loss(-) Before Taxes | -3,943,099 | -672,052 | |
Income Taxes(Gain-) | -441,898 | 206,525 | |
Profit or Loss for the Year | -3,501,201 | -878,577 | |
Other Comprehensive Income for the year | 2,526,555 | 150,820 |