Download - Presentation on Adamjee Insurance
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PRESENTATION OF FINANCIAL
ACCOUNTING
Group Members:
Umair FarooquiWaleed Hafeez 60650Muhammad Sharjeel 60738M.Nauman Abid
FACULTY:Mr. Arsalan Hashmi
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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
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VISIONOur will is to explore, innovate and differentiate. Our passion is to provide leadership to insurance industry.
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CORE VALUESIntegrityHumility
Fun at the Workplace Corporate Social Responsibility
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CORPORATE SOCIAL RESPONSIBILITY
EducationHealth, Safety & Environment
Commited to ExcellenceCompliance & Ethics
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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
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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)
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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
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REGISTERED OFFICE OF COMPANY
REGISTERED OFFICE 4th Floor, 27-C-III, Tanveer Building, M.M. Alam Road, Gulberg-III, Lahore -
54000, Pakistan
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ORGANIZATIONAL
STRUCTURE OF COMPANY
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BOARD OF DIRECTORS OF COMPANY
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BOARD OF DIRECTORS
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BOARD OF DIRECTORS
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BOARD OF DIRECTORS
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BOARD OF DIRECTORS
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MANAGEMEN
T
TEAM
OF C
OMPANY
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MANAGEMENT TEAM
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MANAGEMENT TEAM
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AUDIT COMMITTEE:
Sheikh Muhammad Jawed Chairman Ibrahim Shamsi Member Umer Mansha Member
COMPANY SECRETARY:
Tameez Ul Haque
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FOR YEAR 2010-2013:M/S Riaz Ahmad & Co.
FOR YEAR 2014-2015:M/S KPMG Taseer Hadi & Co.
EXTERNAL AUDIT FIRM
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TECHNOLOGY TRADE (PVT.) LIMITED
SHARES REGISTRAR
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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
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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
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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
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Comprehensive income is equal to net income plus other incomes.
Comprehensive Income
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FINANCIAL RATIOS
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2015 2014 2013 2012 2011
1.9 1.9 1.8 1.8 1.7
CURRENT RATIO
CURRENT RATIO = CURRENT ASSETS / CURRENT LIABILITIES
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QUICK RATIO = (CURRENT ASSET – INVENTORY)/CURRENT LIABILITIES
QUICK RATIO
2015 2014 2013 2012 2011
1.1 1.1 1.0 1.0 0.9
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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
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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
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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
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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
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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
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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
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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
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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
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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
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AUTHORIZED SHARE
CAPITAL
2015 2014 2013 2012 2011375,000,0
00375,000,0
00375,000,0
00150,000,0
00150,000,0
00
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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
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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
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