It is a broadly described annual report of Islami Insurance Bangladesh Limited in the year of 2012. Provision for current Income Tax has been made @42.5% as prescribed in Finance Act, 2012 on the taxable income for the year. During the year, the paid-up capital of the company is Tk. 19.80 Crore, which will be increased by Tk. 2.376 Crore after payment of 12% stock dividend. The Company was able to earn a net pre-tax profit amounting to Taka. 4.62 Crore and premium income of Taka. 43.58 Crore against Taka. 2.75 Crore and Taka. 27.52 Crore respectively in the previous year. The Company Issued, Subscribed & Paid up capital consist of 19,800,000 ordinary shares of Tk 10.00 each fully paid up.
The Board of Directors has recommended @12% stock dividend for the year 2012. 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 Islami Insurance Bangladesh Limited:
- Annual Report 2009 of Islami Insurance Bangladesh Limited
- Annual Report 2010 of Islami Insurance Bangladesh Limited
- Annual Report 2011 of Islami Insurance Bangladesh Limited
- Annual Report 2012 of Islami Insurance Bangladesh Limited
- Annual Report 2013 of Islami Insurance Bangladesh Limited
- Annual Report 2014 of Islami Insurance Bangladesh Limited
- Annual Report 2015 of Islami Insurance Bangladesh Limited
- Annual Report 2016 of Islami Insurance Bangladesh Limited
