It is a broadly described annual report of Delta Life Insurance Company Limited in the year of 2011. Investment and other income have registered a negative growth of around 29.75% in 2011 as such the income has decreased to Taka. 214.16 Crore in 2011 from Taka. 304.90 Crore in 2010. Total income of the company has decreased to Taka. 711.70 Crore in 2011 from Taka. 784.97 Crore in the year 2010 registering a decrease of 9.33%. The management expenses to the premium ratio for the year 2011 stands at 34.31% as compared to 33.77% in 2010. Life fund of the company as at December 31st, 2011 stands at Taka. 2328.20 Crore as against Taka. 2013.06 Crore in 2010 registering a growth of 15.65%. Cash provided by operating activities stands at Taka. 122.95 Crore in 2011, which represents 24.71% of net premium income.Net operating cash flow per share is Tk. 273.
The surplus for the years 2005-2006, 2007-2008, 2009-2010 & 2011 has been carried forward. Out of the surplus emerged in 2012 together with accumulated surplus for the years 2005 to 2011, 21 bonus shares (stock dividend) for each share of Tk. 10 has been proposed by the Board of Directors in its meeting held on October 5, 2013 for approval of the members at the 27th Annual General Meeting to be held on November 16, 2013. 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.
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