MAA Assurance's Annual Report 2005 - Zurich
MAA Assurance's Annual Report 2005 - Zurich
MAA Assurance's Annual Report 2005 - Zurich
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Income Statement<br />
For The Financial Year End 31 December <strong>2005</strong><br />
Note <strong>2005</strong> 2004<br />
RM'000<br />
RM'000<br />
OPERATING REVENUE 15 2,080,400 1,894,790<br />
SHAREHOLDERS’ FUND<br />
Investment income 16(a) 1,065 4,577<br />
Other operating expenses - net 17(a) (536) (1,384)<br />
Management expenses 18 57 (52)<br />
SURPLUS/(DEFICIT) TRANSFERRED FROM INSURANCE<br />
REVENUE ACCOUNTS:<br />
586 3,141<br />
- General insurance (9,400) 17,337<br />
- Life insurance 12,879 50,813<br />
Profit from operations 4,065 71,291<br />
Finance costs 19 (30) (30)<br />
PROFIT BEFORE TAXATION 4,035 71,261<br />
TAXATION 20 747 (20,814)<br />
NET PROFIT FOR THE FINANCIAL YEAR 4,782 50,447<br />
GROSS DIVIDENDS PER SHARE (sen) 21 15.0 55.0<br />
29<br />
EARNINGS PER SHARE (sen) 22 3.2 33.6<br />
The accompanying notes are an integral part of these financial statements.
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