Limited
Insurance
Continental
Sheet
Ealance
Un.Audited
31,2017
AsalMarch
Asst l{arch
31,2011
Particulars
A)
B)
FixedAssets:
(cost
Less
depreciation)
Fixed
Assets
CufientA6gets
l4ateral
Slockof Printing
75,442362 75,549,912
541,372
678,523
177,043,840
154,548,696
472
264,812025 278,479
67,04S,641 70,413,155
426,009,671 421,752,747
913,098,556948,230,546
Deblors
Sundry
& PrePaYment
Advance,Deposit
lnvestmonl
(lncluding
FDR)
Cash& BankBalance
fotalCurentArsets
c)
CurontLlabilities
Capltal
NetWorklng
{B'C)
(A+D)
NetAsset6
319803,544 306,179,S41
4,769,238 4,275,263
324,572,782 310,455,204
588,525,774 631,77s,342
663,968,136 7'13,325,254
:lnance
bY
Equltyl
Shareholdefs
capltal
Share
3harcPromi!m
020
329,123
020 329123
45,375,000
45,375,000
&Accfual
Creditors
Caim
0!tstanding
Llabllltles
IotalCurront
D)
A3at December
31,2016
397
185,905
losges
Reserue
forexceptlonal
Re6eruo
Goneral
185,905
397
F!nd
forshare
Fuclualion
ReseNo
8,288,246 8,288,246
(5087,394) (3,878,814)
61,971,398 41,914,494
630,575,667 611,727,343
28,780,104 98,674,758
2381,781
365
4,612
712,783,882
663,968,136
18,59
19.'16
5000,000
Adjustment
forFaifValuo
Rsserye
Earn
ng
Retained
Equity
TotalSharsholders
oifund&Acco!nts
Baiance
Deposil
Premium
TotalTaka
persharo
NetA3sotvalue
r0
0
qk--),ffi,',,
Dated;Dhaka
May13,2017
5,000,000
6
(CF0)
0fllcer
Financial
Chief
(CEo)
officer
hiefExeculive
S€cretary
Cornpany
{CC)
Limited
Insurance
Continental
Statoment
Incorne
Un-Audited
lvarch
31,2017
ended
Forthe1stQuader
31,2016
to March
31,2017 January
March
Januaryto
Particulars
InGOmei
NetPremium
71,950,259
78,685,263
commlsslon
Relnsurance
10,929,357
7,125236
Inoome
& Investment
lnterest
12,197,019
6,598,569
Risks
forunexpiled
Reserve
Ooenlnq
24,668,690
32,664,601
119,745,325
125,073,669
Totgl:
ExDendllure:
5,749,331
Netclaim
5,819,814
ExPsnsos
ly'anaq€ment
35,134,502
34,258,693
Commlssion
AqencY
18,219,547
17,010,423
Rlsks
forunexpir€d
ReseNe
28,780,104
31,474,105
87,883,484
88,563,035
before
tax&Provislon
Profit
31,861,841
36,510,633
fortaxation
Provlsion
11,804,937
14,604,253
tax
Afrer
NstPrcllt
20,056,904
21,906,380
Total:
(EPS)
PerShars
Earnlng
0.61
0.70
Offlcer(CEo)
ChiefExecutive
(CC)
SecretarY
Company
Dated:Dhaka
13-May-17
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Continental
Insurance
Limited
Un-Aud
tedCashFlol\rSlatemenl
Forihe1stQuarler
ended
March
312017
Parlcuiars
Asall4arch
312017 Asat[4arch
31,2016
CashFlowfromoperatinq
Activilies:
Collsction
frompremium
I otherncome
95,076,635
92,409,068
LessManagement
expenses,C/aim
&other
87,714,751
87,944,290
4,464
778
NetCashFlowfromoperatnq
Activities
7 365,B84
B)CashFlowfromInvesting
Actlvities:
Purchases
ofFixed
Asseis
Nelcash
used
ininvestrna
Activtlies
(3,108,920)
(39,600)
(3,108,920)
(39,600)
c)CashFlowlromfinancinq
Actlvltles:
paid
Dividend
NetCash
Fowfromfinancinq
Aciivties
(A+B+Cl
D)NetCashIncrease/Decrease
4,256,964
4,425,178
Openinq
cash
& bank
balance
421,752,7A7
434,542,428
Closing
cash& bankbalance
426,009,671
438,927,606
NetOperatlnq
Cash
FlowPerShare
{N0CPS}
Chakmaf
])
'.;--/
Chef Financial
(CF0)
Officer
DatedrDhaka
13'May-17
,
Direclor
0.22
014
Chef Executive
offcer(CEo)
Company
(CC)
Secrclafy
Someimportantnotesto the quarterlyfinancialstatementfor
the 1st
quarterendedMarch37,20t7.
Basis
of Preparation:
The quarterlyFlnancial
Statementhasbeenpreparedin accordance
with
BangladeshAccountingStandards(BAS) 34 " Interim
Financial
Reporting",the
companyact 1994,theinsuranceact 2OlO,Bangladesh
Security
andExchange
Rules1987andothetrapplicable
laws& regulations.
Earnlngs
pefShare(EpS):
per Sharehas been calculated
Earnings
for the periodended March
3!,20L7,The Numberof sharesupto t\4arch31,2017was 3,29,f2802
shares.
ry-t*S/
Datedr
Dhaka
May 1312017
i..
v,t '
ChiefFinancial
officer( CFO)
,ffil.
Fl-t+
Compa
nySecretary
(cc)