Post on 12-Feb-2017
PRESENTATION OF FINANCIAL
ACCOUNTING
Group Members:
Umair FarooquiWaleed Hafeez 60650Muhammad Sharjeel 60738M.Nauman Abid
FACULTY:Mr. Arsalan Hashmi
May 1, 2023
COMPANY INFORMATION
Company: Adamjee Insurance Company Limited (AICL)
Group: NISHAT GROUP
Advisor of company: Mr.Mian Muhammad Mansha
Year of listing in Stock Exchange: September 28,1960
May 1, 2023
VISIONOur will is to explore, innovate and differentiate. Our passion is to provide leadership to insurance industry.
May 1, 2023
CORE VALUESIntegrityHumility
Fun at the Workplace Corporate Social Responsibility
May 1, 2023
CORPORATE SOCIAL RESPONSIBILITY
EducationHealth, Safety & Environment
Commited to ExcellenceCompliance & Ethics
May 1, 2023
AWARD ACHIEVEMENTS
Corporate Social Responsibility Awards-2014 & 2015
Environment Excellence Award-2014 & 2015Brands Scientist Award-2014
Fire & Safety Award-2014Best Consumer Choice Awards-2013
Brands Icon & Brands of the Year Award-2013
May 1, 2023
PAKISTAN CREDIT RATINGAGENCY LIMITED
IFS rating of AA+(2016)IFS rating of AA (2015)IFS rating of AA (2014)IFS rating of AA (2013)IFS rating of AA (2012)
May 1, 2023
CREDIT RATING SCALE (PACRA)
AAA EXCEPTIONALLY STRONG AA+
AA VERY STRONG. AA- A+
A STRONG. A-
BBB+BBB GOOD
BBB- BB+
BB MODERATELY WEAK BB- B+
B WEAK B-
CCCCC VERY WEAK C D DISTRESSED
May 1, 2023
REGISTERED OFFICE OF COMPANY
REGISTERED OFFICE 4th Floor, 27-C-III, Tanveer Building, M.M. Alam Road, Gulberg-III, Lahore -
54000, Pakistan
May 1, 2023
ORGANIZATIONAL
STRUCTURE OF COMPANY
May 1, 2023
BOARD OF DIRECTORS OF COMPANY
May 1, 2023
BOARD OF DIRECTORS
May 1, 2023
BOARD OF DIRECTORS
May 1, 2023
BOARD OF DIRECTORS
May 1, 2023
BOARD OF DIRECTORS
May 1, 2023
MANAGEMEN
T
TEAM
OF C
OMPANY
May 1, 2023
MANAGEMENT TEAM
May 1, 2023
MANAGEMENT TEAM
May 1, 2023
AUDIT COMMITTEE:
Sheikh Muhammad Jawed Chairman Ibrahim Shamsi Member Umer Mansha Member
COMPANY SECRETARY:
Tameez Ul Haque
May 1, 2023
FOR YEAR 2010-2013:M/S Riaz Ahmad & Co.
FOR YEAR 2014-2015:M/S KPMG Taseer Hadi & Co.
EXTERNAL AUDIT FIRM
May 1, 2023
TECHNOLOGY TRADE (PVT.) LIMITED
SHARES REGISTRAR
May 1, 2023
Askari Bank Limited Bank Alfalah Limited Bank Al-Habib Limited Dubai Islamic Bank FINCA Microfinance Bank Limited Habib Bank Limited MCB Bank Limited National Bank of Pakistan NIB Bank Limited Soneri Bank Limited The Punjab Provincial Cooperative Bank Limited United Bank Limited Zarai Taraqiati Bank Limited
BANKERS OF THE COMPANY
May 1, 2023
CONSOLIDATED FINANCIAL DATA:
One a parent company posts/files its combined financials that is parent's data as well as subsidiaries data collectively (Summed) that is Consolidated Financials.
UNCONSOLIDATED FINANCIALS:
When Parent company posts/files its financials separately that is standalone financials of parent and side by side its subsidiaries data.
Un/Consolidated Financial Data
May 1, 2023
Net income or net loss is equal to the sum of all revenues in the period minus the sum of all expenses in the period.
Net Income/Loss
May 1, 2023
Comprehensive income is equal to net income plus other incomes.
Comprehensive Income
May 1, 2023
FINANCIAL RATIOS
May 1, 2023
2015 2014 2013 2012 2011
1.9 1.9 1.8 1.8 1.7
CURRENT RATIO
CURRENT RATIO = CURRENT ASSETS / CURRENT LIABILITIES
May 1, 2023
QUICK RATIO = (CURRENT ASSET – INVENTORY)/CURRENT LIABILITIES
QUICK RATIO
2015 2014 2013 2012 2011
1.1 1.1 1.0 1.0 0.9
May 1, 2023
DEBT TO EQUITY = TOTAL LIABILITIES/SHAREHOLDER EQUITY
DEBT TO EQUITY
2015 2014 2013 2012 2011
1.06 1.04 1.08 1.14 1.22
PAYOUT RATIO = DIVIDENDS PER SHARE/ EARNINGS PER SHARE
PAYOUT RATIO
RATIOS 2015
2014
2013
2012
2011
DIVIDEND PAYOUT% 41.1 41.9 62.3 29.5 234.3
BREAKUP VALUE PER SHARE
44.7 40.3 37.3 92.9 87.6
P/E RATIO(TIMES) 7.7 9.2 6.7 13.4 43.6SHARE PRICE AT YEAR END
56.6 49.4 37.4 68.1 46.5
EARNING PER SHARE 7.3 5.4 5.6 5.1 1.1
May 1, 2023
RETRUN ON EQUITY % = PROFIT AFTER TAX / EQUITY
RETRUN ON EQUITY%
2015 2014 2013 2012 2011
16.3 13.3 15.1 5.5 1.2
May 1, 2023
2015 2014 2013 2012 2011
No. Of shares (in millions) 350 350 350 123.7 123.7
Share price at end (Rs.) 56.5 49.5 37.4 68.1 46.5
Highest share price during year (Rs.) 61.5 53.6 106.4 81.6 96.4
Lowest share price during year (Rs.) 37.9 36.9 37 45 42.1
SHARES
May 1, 2023
DIVIDEND PER SHARE
DISTRIBUTION 2015 2014 2013 2012 2011(*) DIVIDEND PER
SHARE (Rs.) 3 2.3 3.5 1.5 2.5 (*) Total dividend –
(Rs. In millions) 1,050 787.5 433 185.6 309.3 Total dividend % 30 22.5 217.9 15 25
DIVIDEND PER SHARE = DIVIDEND PAID / NO. OF SHARES
May 1, 2023
DISTRIBUTION 2015 2014 2013 2012 2011DIVIDEND PER SHARE 3 2.3 3.5 1.5 2.5CASH DIVIDEND% 30 23 35 15 25BONUS DIVIDEND% - - 182.9 - -
DIVIDEND INFORMATION
AUTHORIZED CAPITAL: 375,000,000
ISSUED & PAIDUP CAPITAL: 350,000,000 ORDINARY SHARE : RS.10 EACH
May 1, 2023
BASIC & DILUTED
EARNINGS PER SHARE
EARNING PER SHARE= (NET INCOME-PREFERRED DIVIDENDS) / WEIGHTED AVERAGE COMMON SHARES OUTSTANDING
2015 2014 2013 2012 2011
7.3 5.37 5.64 3.54 1.94
May 1, 2023
Comprehensive Income
for the Year (Rs in Thousands)
2015 2014 2013 2012 20112,593,19
61,860,20
21,971,91
2 500,771 141,978
May 1, 2023
2015 2014 2013 2012 2011
Cash flow from operating activities
5,995,749
3,611,548 2,274,595 923,553 -439,615
Cash flow from investing activities
-4,136,4
90
-2,259,8
33-
1,696,918-
474,318 568,316Cash flow from financing activities
-1,070,6
23-
762,125 -450,935-
222,657 -369,137Total cash generated 788,636 589,590 126,742 226,578 -240,436Cash at the beginning of the year
3,440,215
2,850,625 2,723,883
2,497,305
2,737,741
Cash at the end of the year
4,228,851
3,440,215 2,850,625
2,723,883
2,497,305
CASH FLOW
May 1, 2023
AUTHORIZED SHARE
CAPITAL
2015 2014 2013 2012 2011375,000,0
00375,000,0
00375,000,0
00150,000,0
00150,000,0
00
May 1, 2023
ISSUED & PAID UP SHARE
CAPITAL
2015 2014 2013 2012 2011350,000,0
00350,000,0
00350,000,0
00123,704,5
44123,704,5
44
May 1, 2023
2015 2014 2013 2012 2011
Capital reserves
(Rs. In Thousands) 500086458,65
0 172,272198,07
0 86,932Revenue reserves
(Rs. In Thousands)936,50
0936,50
0 936,500936,50
0 936,500
RESERVES
May 1, 2023