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