|
Balance Sheet
31st December, 2000
|
Assets |
|
Life |
|
Non-Life |
|
Consolidated |
|
1999 |
| |
Note |
=N= |
|
=N= |
|
=N= |
|
=N= |
|
Cash and bank balances |
|
27,643,496 |
|
45,729,424 |
|
73,372,920 |
|
72,406,881 |
|
Quoted investments |
1 |
253,173,805 |
|
88,178,154 |
|
341,351,959 |
|
356,733,312 |
|
Unquoted investments |
2 |
336,311,901 |
|
145,437,412 |
|
481,749,313 |
|
863,398,267 |
|
Government securities |
3 |
270,408,000 |
|
43,000,000 |
|
313,408,000 |
|
152,408,000 |
|
Debtors |
4 |
361,875,680 |
|
219,390,932 |
|
581,266,612 |
|
373,018,166 |
|
Statutory deposit |
5 |
3,000,000 |
|
10,500,000 |
|
13,500,000 |
|
13,500,000 |
|
Fixed assets |
6 |
837,887,130 |
|
185,216,909 |
|
1,023,104,039 |
|
973,319,313 |
|
Total assets |
|
2,090,300,012 |
|
737,452,831 |
|
2,827,752,843 |
|
2,804,783,939 |
|
Deduct: Liabilities - |
|
|
|
|
|
|
|
|
|
Creditors: Amount falling |
|
|
|
|
|
|
|
|
|
due within one year- |
7 |
129,829,551 |
|
204,450,828 |
|
334,280,379 |
|
476,863,048 |
| |
|
1,960,470,461 |
|
533,002,003 |
|
2,493,472,464 |
|
2,327,920,891 |
|
Creditors: Amount falling |
|
|
|
|
|
|
|
|
|
due after more than one year |
8 |
966,692,747 |
|
- |
|
966,692,747 |
|
1,088,939,037 |
|
Net total assets |
|
993,777,714 |
|
533,002,003 |
|
1,526,779,717 |
|
1,238,981,854 |
| |
|
|
|
|
|
|
|
|
|
Financed by: |
|
|
|
|
|
|
|
|
|
Share capital |
9 |
50,000,000 |
|
150,000,000 |
|
200,000,000 |
|
100,000,000 |
|
Reserve for Bonus share issue |
10 |
- |
|
- |
|
- |
|
100,000,000 |
|
Capital reserve |
11 |
307,748,143 |
|
157,880,453 |
|
465,628,596 |
|
465,628,596 |
|
Contingency reserve |
12 |
16,939,728 |
|
44,960,266 |
|
61,899,994 |
|
48,123,847 |
|
General reserve |
13 |
- |
|
42,476,930 |
|
42,476,930 |
|
24,459,709 |
|
Shareholder’s fund |
|
374,687,871 |
|
395,317,649 |
|
770,005,520 |
|
738,212,152 |
|
Insurance fund |
14 |
619,089,843 |
|
137,684,354 |
|
756,774,197 |
|
500,769,702 |
| |
|
993,777,714 |
|
533,002,003 |
|
1,526,779,717 |
|
1,238,981,854 |
|
