compressed_Annual Report 2016-ilovepdf-compressed
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
STATEMENT OF COMPREHENSIVE INCOME<br />
for the year ended 31 March <strong>2016</strong><br />
Note <strong>2016</strong> 2015<br />
E<br />
E<br />
Fuel levies 1 99 794 461 94 273 019<br />
Income 99 794 461 94 273 019<br />
Other operating income 829 676 946 586<br />
Other gains 2 475 574 7 583 564<br />
Net operating income before benefits<br />
and claims expenses 101 099 711 102 803 169<br />
Benefits and claims expenses 3 (14 659 466) (32 068 202)<br />
Net operating income after benefits<br />
and claims expenses 86 440 245 70 734 967<br />
Reinsurance premium expenses - (272 405)<br />
Operating and administrative expenses (48 443 844) (30 443 018)<br />
Expenses (48 443 844) (30 715 423)<br />
Operating surplus 4 37 996 401 40 019 544<br />
Investment income 6 29 331 223 27 059 489<br />
Surplus for the year 67 327 624 67 079 033<br />
28<br />
ANNUAL REPORT 2017