Home > Disclosure > Postal Simple Life Insurance > Comprehensive Income Statement
Accounts | FY 2024 | FY 2023 | |
---|---|---|---|
Operating Revenues | 107,641,427 | 97,833,304 | |
Net Earned Premium Income | 75,840,135 | 80,235,143 | |
Services Charge Revenue | 1,692 | 1,470 | |
Net Investment Income | 31,757,575 | 17,556,958 | |
Other Operating Revenues | 42,025 | 39,733 | |
Operating Cost | 101,652,269 | 98,720,134 | |
Claims Payment | 46,397,021 | 41,394,450 | |
Net Change in Insurance Liabilities | 54,783,652 | 56,765,156 | |
Commissions | 261,765 | 319,287 | |
Other Operating Cost | 209,831 | 241,241 | |
Operating Expenses | 6,141,576 | 2,756,356 | |
Operating Income(Loss-) | -152,418 | -3,643,186 | |
Non-operating Income | 68,995 | 85,109 | |
Non-operating Expenses | 9,154 | 8,186 | |
Net Non-operating Income(Loss-) | 59,841 | 76,923 | |
Net Income or Loss(-) Before Taxes | -92,577 | -3,566,263 | |
Income Taxes(Gain-) | -1,819,129 | -1,333,514 | |
Profit or Loss(-) for the Year | 1,726,552 | -2,232,749 | |
Other Comprehensive Income for the year | -8,353,885 | 9,711,063 |