It is a broadly described annual report of Pragati Insurance Limited in the year of 2001. The gross premium income of the company for the year 2001 was Tk. 33.75 million as against Tk. 30.14 million in 2000, an increase of 11.99% over the previous year. After ceding to re-insurance, the net premium stood at Tk. 169,351,855. Underwriting Profit of Tk. 30,175,114 as against Tk. 26,511,449 in the previous year, worked out to be 17.81% of the net premium. During the financial year, The Company’s Other Income Taka. 9,766,974 million. Pre-tax net profit of 2001 together with the un-appropriated profit brought onward from last year and transfer of Tk. 10 million from the provision for income lax stood at Taka. 63,420,943 million.
The amount has been appropriated out of surplus available for distribution @30% on paid-up capital of Tk. 73,200,000 as on 31st December 2001 as per the recommendation of the Board. 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 Pragati Insurance Limited:
- Annual Report 2000 of Pragati Insurance Limited
- Annual Report 2001 of Pragati Insurance Limited
- Annual Report 2002 of Pragati Insurance Limited
- Annual Report 2003 of Pragati Insurance Limited
- Annual Report 2004 of Pragati Insurance Limited
- Annual Report 2005 of Pragati Insurance Limited
- Annual Report 2006 of Pragati Insurance Limited
- Annual Report 2007 of Pragati Insurance Limited
- Annual Report 2008 of Pragati Insurance Limited
- Annual Report 2009 of Pragati Insurance Limited
- Annual Report 2010 of Pragati Insurance Limited
- Annual Report 2011 of Pragati Insurance Limited
- Annual Report 2012 of Pragati Insurance Limited
- Annual Report 2014 of Pragati Insurance Limited
- Annual Report 2015 of Pragati Insurance Limited
- Annual Report 2016 of Pragati Insurance Limited
