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Financial by Foxit Analysis
Software Company,
of Financial 20042011
Sector - 2007
For Evaluation Only.

Takaful Companies - Overall (Thousand Rupees)

Items 2007 2008 2009 2010 2011
A.Total equity (A1 to A3) 1,206,788 1,821,033 1,982,352 1,601,935 1,606,105
1.Share capital 1,309,472 2,140,771 2,290,772 2,366,653 2,468,429
2.Reserves (40,779) 0 0 46,713 89,609
3.Un appropriated profit (61,905) (319,738) (308,420) (811,431) (951,933)
4.Others 4,322 (7,429) (7,430) (7,429) (10,090)
B.Total liabilities (B1 to B3) 322,698 866,961 946,861 1,746,964 2,963,189
1.Balance of statutory funds 28,118 199,151 43,741 681,660 1,618,558
2.Outstanding claims, adv., prem., due to other insurers 208,335 367,308 497,859 1,022,476 945,447
3.Other/misc. liabilities 86,245 300,502 405,261 42,828 399,184
C.Total assets (C1 to C5) 1,533,808 2,680,565 2,921,783 3,341,470 4,559,204
1.Cash and balances with banks 787,811 718,282 873,776 1,036,205 1,635,326
2.Advances to policy holders & employs 0 0 0 0 0
3.Investments in securities & properties 370,054 1,072,117 1,025,765 1,089,272 1,481,268
4.Other/misc. assets 243,222 608,487 702,599 930,545 1,207,438
5.Fixed assets 132,721 281,679 319,643 285,448 235,172
D.Profit & loss account
1.Investment income 28,293 91,662 73,881 144,358 178,641
2.Gross premium 330,367 586,031 1,004,939 1,932,885 2,953,964
3.Net premium 120,630 1,035,041 755,305 756,281 994,129
4.Gross claims 253,283 522,621 764,849 708,682 890,373
5.Net claims 175,378 589,898 541,915 575,022 572,542
6.Underwriting profit (64,168) 238,563 109,957 (118,275) (46,026)
7.Profit/(loss) before taxation 22,850 (133,126) (255,378) (230,434) (57,506)
8.Profit/(loss) after taxation (56,403) (118,028) (118,974) (142,654) (44,412)
E.Other items
1.No. of ordinary shares 130,947 214,077 229,077 236,665 246,843
2.Cash dividend N/A N/A N/A N/A N/A
3.Stock dividend/bonus shares N/A N/A N/A N/A N/A
4.Cash generated from operating activities (88,707) (171,636) (367,162) 11,688 693,636
F.Efficiency ratios/profitability ratios
1.Return on equity (ROE) (D8/A) -4.67% -6.48% -6.00% -8.91% -2.77%
2.Return on assets (ROA) (D8/C) -3.68% -4.40% -4.07% -4.27% -0.97%
3.Earning per share (D8/E1) (rs. per share) -0.43 -0.55 -0.52 -0.60 -0.18
4.Claims incurred to net premium (B2/D4) 82.25% 70.28% 65.09% 144.28% 106.19%
5.Underwriting profit to profit after tax. (D6/D8) 113.77% -202.12% -92.42% 82.91% 103.63%
6.Investment income to net premium (D1/D3) 23.45% 8.86% 9.78% 19.09% 17.97%
G.Liquidity ratios
1.Cash & bank balances to total assets (C1/C) 0.51 0.27 0.30 0.31 0.36
2. Investment to total assets (C3/C) 24.13% 40.00% 35.11% 32.60% 32.49%
H.Capital /leverage ratios
1.Capital ratio (A/C) 78.68% 67.93% 67.85% 47.94% 35.23%
2.Break up value per share (A/E1) (Rs. per share) 9.22 8.51 8.65 6.77 6.51
I.Cash flow ratio
1.Cash generated from operating activities to profit after tax. (E4/D8) (time) 157.27% 145.42% 308.61% -8.19% -1,561.82%

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Copyright (c)Statement
Financial by Foxit Analysis
Software Company,
of Financial 20042011
Sector - 2007
For Evaluation Only.

Dawood Family Takaful Ltd. (Thousand Rupees)

Items 2007 2008 2009 2010 2011
A.Total equity (A1 to A3) - 751,012 718,407 652,846 562,470
1.Share capital - 750,000 750,000 750,000 750,000
2.Reserves - 0 0 0 0
3.Un appropriated profit - 1,012 (31,593) (97,154) (187,530)
4.Others - (10,090) (10,090) (10,090) (10,090)
B.Total liabilities (B1 to B3) - 33,054 63,757 175,373 321,224
1.Balance of statutory funds - 11,434 24,342 97,413 205,169
2.Outstanding claims, adv., prem., due to other insurers - 1,665 15,917 76,834 32,217
3.Other/misc. liabilities - 19,955 23,498 1,126 83,838
C.Total assets (C1 to C5) - 773,976 772,074 818,129 873,604
1.Cash and balances with banks - 114,625 132,123 163,787 244,821
2.Advances to policy holders & employs - 0 0 0 0
3.Investments in securities & properties - 543,823 451,454 393,943 333,157
4.Other/misc. assets - 88,407 115,008 176,361 241,453
5.Fixed assets - 27,121 73,489 84,038 54,173
D.Profit & loss account
1.Investment income - 43,383 55,689 47,452 29,865
2.Gross premium - 34,017 49,823 203,653 326,254
3.Net premium - 0 0 129,975 203,715
4.Gross claims - 100,000 7,079 19,716 20,949
5.Net claims - 100,000 2,228 5,287 6,323
6.Underwriting profit - 0 0 0 0
7.Profit/(loss) before taxation - 10,757 (42,834) (105,270) (115,532)
8.Profit/(loss) after taxation - 5,104 (32,605) (65,561) (90,376)
E.Other items
1.No. of ordinary shares - 75,000 75,000 75,000 75,000
2.Cash dividend - 0.00% 0.00% 0.00% 0.00%
3.Stock dividend/bonus shares - 0.00% 0.00% 0.00% 0.00%
4.Cash generated from operating activities - (106,316) (87,079) (46,413) (18,495)
F.Efficiency ratios/profitability ratios
1.Return on equity (ROE) (D8/A) - 0.68% -4.54% -10.04% -16.07%
2.Return on assets (ROA) (D8/C) - 0.66% -4.22% -8.01% -10.35%
3.Earning per share (D8/E1) (rs. per share) - 0.07 -0.43 -0.87 -1.21
4.Claims incurred to net premium (B2/D4) - 1.67% 224.85% 389.70% 153.79%
5.Underwriting profit to profit after tax. (D6/D8) - 0.00% 0.00% 0.00% 0.00%
6.Investment income to net premium (D1/D3) - - - 36.51% 14.66%
G.Liquidity ratios
1.Cash & bank balances to total assets (C1/C) - 0.15 0.17 0.20 0.28
2. Investment to total assets (C3/C) - 70.26% 58.47% 48.15% 38.14%
H.Capital /leverage ratios
1.Capital ratio (A/C) - 97.03% 93.05% 79.80% 64.39%
2.Break up value per share (A/E1) (Rs. per share) - 10.01 9.58 8.70 7.50
I.Cash flow ratio
1.Cash generated from operating activities to profit after tax. (E4/D8) (time) - -2,082.99% 267.07% 70.79% 20.46%

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Copyright (c)Statement
Financial by Foxit Analysis
Software Company,
of Financial 20042011
Sector - 2007
For Evaluation Only.

Pak Kuwait Takaful Company Ltd (Thousand Rupees)

Items 2007 2008 2009 2010 2011
A.Total equity (A1 to A3) 225,856 227,563 387,714 189,529 199,730
1.Share capital 250,000 250,000 400,000 400,000 400,000
2.Reserves 0 0 0 46,713 89,609
3.Un appropriated profit (24,144) (22,437) (12,286) (257,184) (289,879)
4.Others 0 0 0 0 0
B.Total liabilities (B1 to B3) 183,233 121,358 141,046 417,185 481,307
1.Balance of statutory funds 36,424 (1,544) (41,204) 0 0
2.Outstanding claims, adv., prem., due to other insurers 126,785 101,378 141,933 323,033 366,979
3.Other/misc. liabilities 20,024 21,524 40,317 94,152 114,328
C.Total assets (C1 to C5) 409,089 348,921 528,760 606,714 681,037
1.Cash and balances with banks 219,491 142,024 270,181 277,407 257,599
2.Advances to policy holders & employs 0 0 0 0 0
3.Investments in securities & properties 33,631 42,591 42,461 54,646 56,871
4.Other/misc. assets 114,353 130,034 180,176 240,928 336,960
5.Fixed assets 41,614 34,272 35,942 33,733 29,607
D.Profit & loss account
1.Investment income 3,288 558 610 1,904 1,499
2.Gross premium 260,222 222,456 256,734 322,967 410,924
3.Net premium 106,340 143,043 159,952 239,644 266,026
4.Gross claims 216,074 220,097 219,145 250,424 305,855
5.Net claims 158,065 197,353 197,534 229,144 225,946
6.Underwriting profit (52,605) (60,173) 68,370 (67,902) (39,914)
7.Profit/(loss) before taxation 2,646 1,707 12,345 64,352 49,318
8.Profit/(loss) after taxation 1,345 1,707 10,151 59,000 42,895
E.Other items
1.No. of ordinary shares 25,000 25,000 40,000 40,000 40,000
2.Cash dividend 0.00% 0.00% 0.00% 0.00% 0.00%
3.Stock dividend/bonus shares 0.00% 0.00% 0.00% 0.00% 0.00%
4.Cash generated from operating activities 4,491 (80,188) 29,175 (13,192) (51,536)
F.Efficiency ratios/profitability ratios
1.Return on equity (ROE) (D8/A) 0.60% 0.75% 2.62% 31.13% 21.48%
2.Return on assets (ROA) (D8/C) 0.33% 0.49% 1.92% 9.72% 6.30%
3.Earning per share (D8/E1) (rs. per share) 0.05 0.07 0.25 1.48 1.07
4.Claims incurred to net premium (B2/D4) 58.68% 46.06% 64.77% 128.99% 119.98%
5.Underwriting profit to profit after tax. (D6/D8) -3,911.15% -3,525.07% 673.53% -115.09% -93.05%
6.Investment income to net premium (D1/D3) 3.09% 0.39% 0.38% 0.79% 0.56%
G.Liquidity ratios
1.Cash & bank balances to total assets (C1/C) 0.54 0.41 0.51 0.46 0.38
2. Investment to total assets (C3/C) 8.22% 12.21% 8.03% 9.01% 8.35%
H.Capital /leverage ratios
1.Capital ratio (A/C) 55.21% 65.22% 73.33% 31.24% 29.33%
2.Break up value per share (A/E1) (Rs. per share) 9.03 9.10 9.69 4.74 4.99
I.Cash flow ratio
1.Cash generated from operating activities to profit after tax. (E4/D8) (time) 333.90% -4,697.60% 287.41% -22.36% -120.14%

232
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Copyright (c)Statement
Financial by Foxit Analysis
Software Company,
of Financial 20042011
Sector - 2007
For Evaluation Only.

Pak Qatar Family Takaful Ltd. (Thousand Rupees)

Items 2007 2008 2009 2010 2011
A.Total equity (A1 to A3) 424,320 367,095 431,155 362,279 434,160
1.Share capital 451,672 532,971 532,972 608,853 710,629
2.Reserves 0 0 0 0 0
3.Un appropriated profit (27,352) (165,876) (101,817) (246,574) (276,469)
4.Others 1,661 0 0 0 0
B.Total liabilities (B1 to B3) 11,307 293,332 122,170 715,126 1,637,879
1.Balance of statutory funds 1,595 226,212 64,110 575,702 1,400,522
2.Outstanding claims, adv., prem., due to other insurers 176 65,459 56,399 136,034 181,681
3.Other/misc. liabilities 9,536 1,661 1,661 3,390 55,676
C.Total assets (C1 to C5) 437,288 660,427 553,325 1,077,405 2,072,039
1.Cash and balances with banks 208,641 81,268 84,327 349,256 811,894
2.Advances to policy holders & employs 0 0 0 0 0
3.Investments in securities & properties 179,278 285,428 255,437 406,802 902,195
4.Other/misc. assets 9,276 157,717 99,415 219,453 268,745
5.Fixed assets 40,093 136,014 114,146 101,894 89,205
D.Profit & loss account
1.Investment income 9,868 40,563 8,478 17,636 23,435
2.Gross premium 1,267 121,740 26,838 1,043,143 1,865,386
3.Net premium 1,095 456,177 125,102 152,300 272,569
4.Gross claims 0 86,295 25,534 158,833 262,391
5.Net claims 0 37,885 21,820 100,580 130,547
6.Underwriting profit 1,095 233,279 74,195 0 0
7.Profit/(loss) before taxation (21,420) (105,262) (115,278) (105,771) (4,373)
8.Profit/(loss) after taxation (21,426) (62,330) (72,365) (72,027) (9,395)
E.Other items
1.No. of ordinary shares 45,167 53,297 53,297 60,885 71,063
2.Cash dividend 0.00% 0.00% 0.00% 0.00% 0.00%
3.Stock dividend/bonus shares 0.00% 0.00% 0.00% 0.00% 0.00%
4.Cash generated from operating activities (30,644) 16,442 (63,071) 304,614 780,441
F.Efficiency ratios/profitability ratios
1.Return on equity (ROE) (D8/A) -5.05% -16.98% -16.78% -19.88% -2.16%
2.Return on assets (ROA) (D8/C) -4.90% -9.44% -13.08% -6.69% -0.45%
3.Earning per share (D8/E1) (rs. per share) -0.47 -1.17 -1.36 -1.18 -0.13
4.Claims incurred to net premium (B2/D4) - 75.85% 220.88% 85.65% 69.24%
5.Underwriting profit to profit after tax. (D6/D8) -5.11% -374.26% -102.53% 0.00% 0.00%
6.Investment income to net premium (D1/D3) 901.19% 8.89% 6.78% 11.58% 8.60%
G.Liquidity ratios
1.Cash & bank balances to total assets (C1/C) 0.48 0.12 0.15 0.32 0.39
2. Investment to total assets (C3/C) 41.00% 43.22% 46.16% 37.76% 43.54%
H.Capital /leverage ratios
1.Capital ratio (A/C) 97.03% 55.58% 77.92% 33.63% 20.95%
2.Break up value per share (A/E1) (Rs. per share) 9.39 6.89 8.09 5.95 6.11
I.Cash flow ratio
1.Cash generated from operating activities to profit after tax. (E4/D8) (time) 143.02% -26.38% 87.16% -422.92% -8,306.98%

233
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Copyright (c)Statement
Financial by Foxit Analysis
Software Company,
of Financial 20042011
Sector - 2007
For Evaluation Only.

Pak Qatar General Takaful Ltd. (Thousand Rupees)

Items 2007 2008 2009 2010 2011
A.Total equity (A1 to A3) 297,391 278,576 279,094 266,740 275,297
1.Share capital 307,800 307,800 307,800 307,800 307,800
2.Reserves 0 0 0 0 0
3.Un appropriated profit (10,409) (29,224) (28,706) (41,060) (32,503)
4.Others 2,661 2,661 2,660 2,661 0
B.Total liabilities (B1 to B3) 3,559 63,023 112,824 105,971 168,325
1.Balance of statutory funds 28 0 0 0 0
2.Outstanding claims, adv., prem., due to other insurers 347 40,718 117,779 49,345 145,932
3.Other/misc. liabilities 3,184 22,305 (4,955) 56,626 22,393
C.Total assets (C1 to C5) 303,611 344,260 394,578 375,372 443,622
1.Cash and balances with banks 177,469 135,543 30,164 14,316 81,817
2.Advances to policy holders & employs 0 0 0 0 0
3.Investments in securities & properties 106,259 122,485 221,674 184,810 131,274
4.Other/misc. assets 5,773 53,313 90,283 140,453 188,142
5.Fixed assets 14,110 32,919 52,457 35,793 42,389
D.Profit & loss account
1.Investment income 14,805 3,965 1,920 75,803 121,756
2.Gross premium 1,621 0 579,037 141,503 171,214
3.Net premium (1,528) 273,616 264,807 87,425 103,051
4.Gross claims 399 0 481,742 162,401 187,398
5.Net claims 399 145,589 234,206 137,620 136,142
6.Underwriting profit (1,930) 96,816 (44,409) 0 0
7.Profit/(loss) before taxation (5,660) 0 (126,278) (43,694) 11,247
8.Profit/(loss) after taxation (5,668) (75) (1,301) (28,625) 8,557
E.Other items
1.No. of ordinary shares 30,780 30,780 30,780 30,780 30,780
2.Cash dividend 0.00% 0.00% 0.00% 0.00% 0.00%
3.Stock dividend/bonus shares 0.00% 0.00% 0.00% 0.00% 0.00%
4.Cash generated from operating activities (43,132) (129,185) (122,446) (77,219) (7,893)
F.Efficiency ratios/profitability ratios
1.Return on equity (ROE) (D8/A) -1.91% -0.03% -0.47% -10.73% 3.11%
2.Return on assets (ROA) (D8/C) -1.87% -0.02% -0.33% -7.63% 1.93%
3.Earning per share (D8/E1) (rs. per share) -0.18 0.00 -0.04 -0.93 0.28
4.Claims incurred to net premium (B2/D4) 86.97% - 24.45% 30.38% 77.87%
5.Underwriting profit to profit after tax. (D6/D8) 34.05% -129,088.00% 3,413.45% 0.00% 0.00%
6.Investment income to net premium (D1/D3) -968.91% 1.45% 0.73% 86.71% 118.15%
G.Liquidity ratios
1.Cash & bank balances to total assets (C1/C) 0.58 0.39 0.08 0.04 0.18
2. Investment to total assets (C3/C) 35.00% 35.58% 56.18% 49.23% 29.59%
H.Capital /leverage ratios
1.Capital ratio (A/C) 97.95% 80.92% 70.73% 71.06% 62.06%
2.Break up value per share (A/E1) (Rs. per share) 9.66 9.05 9.07 8.67 8.94
I.Cash flow ratio
1.Cash generated from operating activities to profit after tax. (E4/D8) (time) 760.97% 172,246.67% 9,411.68% 269.76% -92.24%

234
 Edited by Foxit PDF Editor
Copyright (c)Statement
Financial by Foxit Analysis
Software Company,
of Financial 20042011
Sector - 2007
For Evaluation Only.

Takaful Pakistan Ltd. (Thousand Rupees)

Items 2007 2008 2009 2010 2011
A.Total equity (A1 to A3) 259,221 196,787 165,982 130,541 134,448
1.Share capital 300,000 300,000 300,000 300,000 300,000
2.Reserves (40,779) 0 0 0 0
3.Un appropriated profit 0 (103,213) (134,018) (169,459) (165,552)
4.Others 0 0 0 0 0
B.Total liabilities (B1 to B3) 124,599 356,194 507,064 333,309 354,454
1.Balance of statutory funds (9,929) (36,951) (3,507) 8,545 12,867
2.Outstanding claims, adv., prem., due to other insurers 81,027 158,088 165,831 437,230 218,638
3.Other/misc. liabilities 53,501 235,057 344,740 (112,466) 122,949
C.Total assets (C1 to C5) 383,820 552,981 673,046 463,850 488,902
1.Cash and balances with banks 182,210 244,822 356,981 231,439 239,195
2.Advances to policy holders & employs 0 0 0 0 0
3.Investments in securities & properties 50,886 77,790 54,739 49,071 57,771
4.Other/misc. assets 113,820 179,016 217,717 153,350 172,138
5.Fixed assets 36,904 51,353 43,609 29,990 19,798
D.Profit & loss account
1.Investment income 332 3,193 7,184 1,563 2,086
2.Gross premium 67,257 207,818 92,507 221,619 180,186
3.Net premium 14,723 162,205 205,444 146,937 148,768
4.Gross claims 36,810 116,229 31,349 117,308 113,780
5.Net claims 16,914 109,071 86,127 102,391 73,584
6.Underwriting profit (10,728) (31,359) 11,801 (50,373) (6,112)
7.Profit/(loss) before taxation 47,284 (40,328) 16,667 (40,051) 1,834
8.Profit/(loss) after taxation (30,654) (62,434) (22,854) (35,441) 3,907
E.Other items
1.No. of ordinary shares 30,000 30,000 30,000 30,000 30,000
2.Cash dividend 0.00% 0.00% 0.00% 0.00% 0.00%
3.Stock dividend/bonus shares 0.00% 0.00% 0.00% 0.00% 0.00%
4.Cash generated from operating activities (19,422) 127,611 (123,741) (156,102) (8,881)
F.Efficiency ratios/profitability ratios
1.Return on equity (ROE) (D8/A) -11.83% -31.73% -13.77% -27.15% 2.91%
2.Return on assets (ROA) (D8/C) -7.99% -11.29% -3.40% -7.64% 0.80%
3.Earning per share (D8/E1) (rs. per share) -1.02 -2.08 -0.76 -1.18 0.13
4.Claims incurred to net premium (B2/D4) 220.12% 136.01% 528.98% 372.72% 192.16%
5.Underwriting profit to profit after tax. (D6/D8) 35.00% 50.23% -51.64% 142.13% -156.44%
6.Investment income to net premium (D1/D3) 2.25% 1.97% 3.50% 1.06% 1.40%
G.Liquidity ratios
1.Cash & bank balances to total assets (C1/C) 0.47 0.44 0.53 0.50 0.49
2. Investment to total assets (C3/C) 13.26% 14.07% 8.13% 10.58% 11.82%
H.Capital /leverage ratios
1.Capital ratio (A/C) 67.54% 35.59% 24.66% 28.14% 27.50%
2.Break up value per share (A/E1) (Rs. per share) 8.64 6.56 5.53 4.35 4.48
I.Cash flow ratio
1.Cash generated from operating activities to profit after tax. (E4/D8) (time) 63.36% -204.39% 541.44% 440.46% -227.31%

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