Home > Disclosure > Postal Simple Life Insurance > Comprehensive Income Statement
Accounts | FY 2023 | FY 2022 | |
---|---|---|---|
Operating Revenues | 97,833,304 | 106,096,241 | |
Net Earned Premium Income | 80,235,143 | 84,044,882 | |
Services Charge Revenue | 1,470 | 1,539 | |
Net Investment Income | 17,556,958 | 22,022,139 | |
Other Operating Revenues | 39,733 | 27,681 | |
Operating Cost | 98,720,134 | 103,687,890 | |
Claims Payment | 41,394,450 | 88,933,018 | |
Net Change in Insurance Liabilities | 56,765,156 | 14,174,597 | |
Commissions | 319,287 | 379,822 | |
Other Operating Cost | 241,241 | 200,453 | |
Operating Expenses | 2,756,356 | 2,815,065 | |
Operating Income(Loss-) | -3,643,186 | -406,714 | |
Non-operating Income | 85,109 | 61,722 | |
Non-operating Expenses | 8,186 | 6,534 | |
Net Non-operating Income(Loss-) | 76,923 | 55,188 | |
Net Income or Loss(-) Before Taxes | -3,566,263 | -351,526 | |
Income Taxes(Gain-) | -1,333,514 | -5,587,987 | |
Profit or Loss(-) for the Year | -2,232,749 | 5,236,461 | |
Other Comprehensive Income for the year | 9,711,063 | -10,090,300 |