Home > Disclosure > Postal Simple Life Insurance > Comprehensive Income Statement
Accounts | FY 2020 | FY 2019 | |
---|---|---|---|
Operating Revenues | 143,106,212 | 145,707,005 | |
Net Earned Premium Income | 118,503,400 | 127,794,368 | |
Services Charge Revenue | 2,726 | 5,435 | |
Net Investment Income | 24,578,112 | 17,884,807 | |
Other Operating Revenues | 21,974 | 22,395 | |
Operating Cost | 140,901,899 | 145,538,727 | |
Claims Payment | 122,173,287 | 111,742,898 | |
Net Change in Insurance Liabilities | 17,876,491 | 32,994,667 | |
Commissions | 575,581 | 524,825 | |
Other Operating Cost | 276,540 | 276,337 | |
Operating Expenses | 2,883,629 | 2,859,399 | |
Operating Income(Loss-) | -679,316 | -2,691,121 | |
Non-operating Income | 11,539 | 26,221 | |
Non-operating Expenses | 4,275 | 2,190 | |
Net Non-operating Income(Loss-) | 7,264 | 24,031 | |
Net Income or Loss(-) Before Taxes | -672,052 | -2,667,090 | |
Income Taxes(Gain-) | 206,525 | 294,188 | |
Profit or Loss for the Year | -878,577 | -2,961,278 | |
Other Comprehensive Income for the year | 150,820 | 4,285,608 |