Annual Report 2015 of Agrani Insurance Company Limited

It is a broadly described annual report of Agrani Insurance Company Limited in the year of 2015. Management expenses of Tk. 57,404,298 have been apportioned @ 42.42 % to Fire for Tk.24,461,126, @ 38.40 % to Marine for Tk. 21,800,624, @I4.13 % to Motor for Tk. 8,253,538 and @ 5.05 % to Miscellaneous income for Tk. 2,889,010 during the year under audit. Reserve for exceptional losses as appropriated out of current year’s profit before making provision for tax amounting to Tk. 18,570,000 is 10% of the net premium income during the year as per 4th Schedule of Income Tax Act 1984.

The Board of Directors has recommended dividend @10% (5% cash & 5% stock) on paid-up capital for the year ended 31st December 2015 in its meeting held on 24 April 2016 subject to the approval of the shareholders in the Annual General Meeting to be held on Jun 05, 2016. These financial statements are presented in Bangladesh Taka (Taka/Tk/BDT) which is the company’s functional currency. All financial information presented in Taka has been rounded off to the nearest Taka.

More Annual Report of Agrani Insurance Company Limited

  1. Annual Report 2010 of Agrani Insurance Company Limited
  2. Annual Report 2011 of Agrani Insurance Company Limited
  3. Annual Report 2012 of Agrani Insurance Company Limited
  4. Annual Report 2013 of Agrani Insurance Company Limited
  5. Annual Report 2015 of Agrani Insurance Company Limited
  6. Annual Report 2016 of Agrani Insurance Company Limited