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tuber PINANCIAL AUSUL 19 POW AIE YEALESDED DECEMBEE 31,2020
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ve wel tbe rnin ya tha the Head of Diners of Askar Life Avsarance Company Limited in their BOD mecting held on
Maret 24, 2021 wh #168 aur wt Yh Vier Ctaferercing, recommended the falling
1) Cnet Distden MILL
2) Hone Shar ML
1) Hight Monrs NIL
1 Any other entitlement (Crrgurate Action NII.
fh) Any utter juice eenaltive information NL
Ihe Financial result of the Company for the year ented December 31, 2020 ae hereby attached as (Anneaure A) of this let.
he thanoctal ean for the year ended December 1, 2020 wil he transmitted through PUCAKS within specified time.
Ac Anal Coral Meeting of te Conny ll abet Apsl26, 008 at 11 Alan via Vikan Comferersing
honk Yoon,
‘Yours tilacerely.
{oy Ashnt Life Aeaurance Company Liter
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Annexure A
‘The financial results for the year ended December 3h 2020 are as follows:
Dremu reventie
Prema ceed to renters
fet premium revenue
Investment income
Net realised fae value (losses) / gains on
Net fie vale gains on
uncial assets
asia ascets at fir vale
Other income
Net income
Insurance benef
Recoveries from reinsurers
Net insurance benefits
‘Net change in msurance labilities (other than outstanding claims)
Acquistion expenses
Nudkenng and adn
(Other expenses
nistration expenses
Total expenses
Results of operating activities
Loss before tas
Income tas expense
Loss for the year
Other comprehensive income:
Change un unrealised loss on asailable-for sie financial assets
Acruaial gain on defined benefit obligation
‘Total comprehensive imcome for the year
Loss per share - Rupees
covm225-275,
2020 2019
(Rupees in ‘000)-
449,266 301,961
167,893) 92.426)
281,371 219,535
RID
WW?
328,175 T6873
201,473)
126,702
60,390
195,752
180,462 213343,
25,188 10,139
461,792 W6215
238,354) (262,370)
(238,354) (262,370)
(447 510)
38,801) 262,880)
1573 a
4,050 -
5,623 3
3.178) C37)
2.09) 239
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