Presentation on Adamjee Insurance
- 1. Group Members: Umair Farooqui Waleed Hafeez 60650 Muhammad Sharjeel 60738 M.Nauman Abid FACULTY: Mr. Arsalan Hashmi
- 2. COMPANY INFORMATION Company: Adamjee Insurance Company Limited (AICL) Group: NISHAT GROUP Advisor of company: Mr.Mian Muhammad Mansha Year of listing in Stock Exchange: September 28,1960 23-Nov-16
- 3. VISION Our will is to explore, innovate and differentiate. Our passion is to provide leadership to insurance industry. 23-Nov-16
- 4. CORE VALUES Integrity Humility Fun at the Workplace Corporate Social Responsibility 23-Nov-16
- 5. CORPORATE SOCIAL RESPONSIBILITY Education Health, Safety & Environment Commited to Excellence Compliance & Ethics 23-Nov-16
- 6. AWARD ACHIEVEMENTS Corporate Social Responsibility Awards-2014 & 2015 Environment Excellence Award-2014 & 2015 Brands Scientist Award-2014 Fire & Safety Award-2014 Best Consumer Choice Awards-2013 Brands Icon & Brands of the Year Award-2013 23-Nov-16
- 7. PAKISTAN CREDIT RATING AGENCY LIMITED IFS rating of AA+(2016) IFS rating of AA (2015) IFS rating of AA (2014) IFS rating of AA (2013) IFS rating of AA (2012) 23-Nov-16
- 8. CREDIT RATING SCALE (PACRA) AAA EXCEPTIONALLY STRONG AA+ AA VERY STRONG. AA- A+ A STRONG. A- BBB+ BBB GOOD BBB- BB+ BB MODERATELY WEAK BB- B+ B WEAK B- CCC CC VERY WEAK C D DISTRESSED 23-Nov-16
- 9. REGISTERED OFFICE OF COMPANY REGISTERED OFFICE 4th Floor, 27-C-III, Tanveer Building, M.M. Alam Road, Gulberg-III, Lahore - 54000, Pakistan 23-Nov-16
- 10. 23-Nov-16
- 11. 23-Nov-16
- 17. 23-Nov-16
- 20. AUDIT COMMITTEE: Sheikh Muhammad Jawed Chairman Ibrahim Shamsi Member Umer Mansha Member COMPANY SECRETARY: Tameez Ul Haque 23-Nov-16
- 21. FOR YEAR 2010-2013: M/S Riaz Ahmad & Co. FOR YEAR 2014-2015: M/S KPMG Taseer Hadi & Co. 23-Nov-16 EXTERNAL AUDIT FIRM
- 22. TECHNOLOGY TRADE (PVT.) LIMITED 23-Nov-16 SHARES REGISTRAR
- 23. Askari Bank Limited Bank Alfalah Limited Bank Al-Habib Limited Dubai Islamic Bank FINCA Microfinance Bank Limited Habib Bank Limited MCB Bank Limited National Bank of Pakistan NIB Bank Limited Soneri Bank Limited The Punjab Provincial Cooperative Bank Limited United Bank Limited Zarai Taraqiati Bank Limited BANKERS OF THE COMPANY 23-Nov-16
- 24. CONSOLIDATED FINANCIAL DATA: One a parent company posts/files its combined financials that is parent's data as well as subsidiaries data collectively (Summed) that is Consolidated Financials. UNCONSOLIDATED FINANCIALS: When Parent company posts/files its financials separately that is standalone financials of parent and side by side its subsidiaries data. Un/Consolidated Financial Data 23-Nov-16
- 25. Net income or net loss is equal to the sum of all revenues in the period minus the sum of all expenses in the period. Net Income/Loss 23-Nov-16
- 26. Comprehensive income is equal to net income plus other incomes. Comprehensive Income 23-Nov-16
- 28. 2015 2014 2013 2012 2011 1.9 1.9 1.8 1.8 1.7 CURRENT RATIO CURRENT RATIO = CURRENT ASSETS / CURRENT LIABILITIES 23-Nov-16
- 29. QUICK RATIO = (CURRENT ASSET – INVENTORY)/CURRENT LIABILITIES QUICK RATIO 2015 2014 2013 2012 2011 1.1 1.1 1.0 1.0 0.9 23-Nov-16
- 30. DEBT TO EQUITY = TOTAL LIABILITIES/SHAREHOLDER EQUITY DEBT TO EQUITY 2015 2014 2013 2012 2011 1.06 1.04 1.08 1.14 1.22 23-Nov-16
- 31. PAYOUT RATIO = DIVIDENDS PER SHARE/ EARNINGS PER SHARE PAYOUT RATIO RATIOS 2015 2014 2013 2012 2011 DIVIDEND PAYOUT% 41.1 41.9 62.3 29.5 234.3 BREAKUP VALUE PER SHARE 44.7 40.3 37.3 92.9 87.6 P/E RATIO(TIMES) 7.7 9.2 6.7 13.4 43.6 SHARE PRICE AT YEAR END 56.6 49.4 37.4 68.1 46.5 EARNING PER SHARE 7.3 5.4 5.6 5.1 1.1
- 32. RETRUN ON EQUITY % = PROFIT AFTER TAX / EQUITY RETRUN ON EQUITY % 2015 2014 2013 2012 2011 16.3 13.3 15.1 5.5 1.2 23-Nov-16
- 33. 2015 2014 2013 2012 2011 No. Of shares (in millions) 350 350 350 123.7 123.7 Share price at end (Rs.) 56.5 49.5 37.4 68.1 46.5 Highest share price during year (Rs.) 61.5 53.6 106.4 81.6 96.4 Lowest share price during year (Rs.) 37.9 36.9 37 45 42.1 SHARES 23-Nov-16
- 34. DIVIDEND PER SHARE DISTRIBUTION 2015 2014 2013 2012 2011 (*) DIVIDEND PER SHARE (Rs.) 3 2.3 3.5 1.5 2.5 (*) Total dividend – (Rs. In millions) 1,050 787.5 433 185.6 309.3 Total dividend % 30 22.5 217.9 15 25 DIVIDEND PER SHARE = DIVIDEND PAID / NO. OF SHARES 23-Nov-16
- 35. DISTRIBUTION 2015 2014 2013 2012 2011 DIVIDEND PER SHARE 3 2.3 3.5 1.5 2.5 CASH DIVIDEND% 30 23 35 15 25 BONUS DIVIDEND% - - 182.9 - - DIVIDEND INFORMATION AUTHORIZED CAPITAL: 375,000,000 ISSUED & PAIDUP CAPITAL: 350,000,000 ORDINARY SHARE : RS.10 EACH 23-Nov-16
- 36. BASIC & DILUTED EARNINGS PER SHARE EARNING PER SHARE= (NET INCOME-PREFERRED DIVIDENDS) / WEIGHTED AVERAGE COMMON SHARES OUTSTANDING 2015 2014 2013 2012 2011 7.3 5.37 5.64 3.54 1.94 23-Nov-16
- 37. Comprehensive Income for the Year (Rs in Thousands) 2015 2014 2013 2012 2011 2,593,196 1,860,202 1,971,912 500,771 141,978 23-Nov-16
- 38. 2015 2014 2013 2012 2011 Cash flow from operating activities 5,995,749 3,611,548 2,274,595 923,553 -439,615 Cash flow from investing activities -4,136,490 -2,259,833 -1,696,918 -474,318 568,316 Cash flow from financing activities -1,070,623 -762,125 -450,935 -222,657 -369,137 Total cash generated 788,636 589,590 126,742 226,578 -240,436 Cash at the beginning of the year 3,440,215 2,850,625 2,723,883 2,497,305 2,737,741 Cash at the end of the year 4,228,851 3,440,215 2,850,625 2,723,883 2,497,305 CASH FLOW 23-Nov-16
- 39. AUTHORIZED SHARE CAPITAL 2015 2014 2013 2012 2011 375,000,000 375,000,000 375,000,000 150,000,000 150,000,000 23-Nov-16
- 40. ISSUED & PAID UP SHARE CAPITAL 2015 2014 2013 2012 2011 350,000,000 350,000,000 350,000,000 123,704,544 123,704,544 23-Nov-16
- 41. 2015 2014 2013 2012 2011 Capital reserves (Rs. In Thousands) 500086 458,650 172,272 198,070 86,932 Revenue reserves (Rs. In Thousands) 936,500 936,500 936,500 936,500 936,500 RESERVES 23-Nov-16
- 42. 23-Nov-16