It is a broadly described annual report of Sonar Bangla Insurance Limited in the year of 2015. During the year total assets of the Company is Taka. 65,64,55,608 which was Tk. 65,61,54,326 in the year-2014 that means assets increased in 2015 against 2014. The reserve was Tk. 23,89,82,630 in 2014. By increasing the reserve it stood at Tk. 27,69,35,062 in 2015 i.e. the reserve has increased Tk. 3,79,52,432 in 2015 against 2014. The Company earned the gross premium of Taka. 34,61,31,681 in 2015. The Company made underwriting profit of Tk. 6,16,35,608 and profit before tax are Tk. 7,36,54,001 during the year 2015.
The Board of Directors has recommended @5% Stock Dividend (Bonus Share) and @5% Cash Dividend for the shareholders for the year-2015. 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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