Financial Report
 
DHAKA INSURANCE LIMITED
UN-AUDITED STATEMENT OF FINANCIAL POSITION
AS AT SEPTEMBER 30, 2012
 
Particulars 30.09.2012 31.12.2011
A. FIXED ASSETS:    
Tangible Fixed Assets (Less Depreciation) 337,048,563 339,010,911
Long Term Investment 9,000,000 9,000,000
Total Fixed Assets 346,048,563 348,010,911
B. CURRENT ASSETS    
Stock of Stationery 435,868 368,077
Sundry Debtors & Other Companies 156,495,932 99,029,508
Shares & Debentures 138,460,478 138,460,478
Cash & Bank Balance Including FDR 552,274,579 387,690,032
Total Current Assets 847,666,857 625,548,095
C. CURRENT LIABILITIES:    
Creditors & Accruals 237,681,061 177,175,605
Outstanding Claims 92,944,780 95,411,180
Total Current Liabilities 330,625,841 272,586,785
D. NET WORKING CAPITAL (B-C) 517,041,016 352,961,310
E. NET ASSETS (A+D) 863,089,579 700,972,221
F. SHAREHOLDERS EQUITY    
Share Capital 375,000,000 300,000,000
Share Premium 18,000,000 18,000,000
Reserve & Contingency Account 138,736,879 126,699,193
Retained Earnings 120,184,346 124,673,246
Total Shareholders Equity 651,921,225 569,372,439
G. BALANCE OF FUNDS & ACCOUNTS:    
Reserve for Unexpired Risk 70,216,321 53,978,096
Deposit Premium 140,952,033 77,621,686
Total Taka 211,168,354 131,599,782
H. NET LIABILITIES (F+G) 863,089,579 700,972,221
NET ASSETS VALUE (NAV) (Adjusted) 17.38 15.18