Life Insurance Corporation (Nepal) Limited · Quarterly report

LICN Q4 Financial Report — FY 2082/83

Life Insurance Corporation (Nepal) Limited (LICN) posted a year-to-date net profit of Rs 40.58 Cr at the end of Q4 FY 2082/83, up 28.5% from Rs 31.59 Cr a year earlier. Annualised EPS is Rs 7.38 against Rs 5.74 in Q4 FY 2081/82.

Q4 FY 2082/83 vs Q4 FY 2081/82

Metric	Q4 2082/83	Q4 2081/82	Change
Paid Up Capital	5.50 Arb	5.50 Arb	+0.0%
Reserves and Surplus	3.01 Arb	3.49 Arb	-13.7%
Insurance Fund	0	0	—
Catastrophic Reserve	77.36 Cr	68.08 Cr	+13.6%
Total Equity	9.78 Arb	10.31 Arb	-5.1%
Total Assets	159.30 Arb	145.78 Arb	+9.3%
Long Term Investment and Loans	79.84 Arb	93.32 Arb	-14.4%
Short Term Investment and Loans	51.66 Arb	24.02 Arb	+115.1%
Total Investment and Loans	131.50 Arb	117.34 Arb	+12.1%
Total Revenue	33.47 Arb	32.33 Arb	+3.5%
Income From Investment Loans And Others	9.74 Arb	9.81 Arb	-0.7%
Total Expenses And Provisions	30.69 Arb	29.56 Arb	+3.8%
Management Expenses	0	0	—
Net Profit	40.58 Cr	31.59 Cr	+28.5%
Net Premium	21.15 Arb	19.83 Arb	+6.7%
Net Claim Payment	27.86 Arb	26.84 Arb	+3.8%
Gross Premium	21.25 Arb	19.94 Arb	+6.6%
Gross Premium Till Date	0	0	—
Total No of Issued Policies	6.64 Cr	6.49 Cr	+2.3%
Gross Claim Payments	13.06 Arb	12.59 Arb	+3.8%
Claims Payables	0	0	—
Number of Shares	5.50 Cr	5.50 Cr	+0.0%
EPS Reported	7.38	5.74	+28.6%
Book Value Reported	177.87	187.47	-5.1%
ROE Reported	4.15%	3.06%	+1.09 pp

Amounts in Rs and year-to-date; ratios change in percentage points (pp). For NPL and cost of funds, lower is better.

LICN last 8 quarters

Metric	Q1 2081/82	Q2 2081/82	Q3 2081/82	Q4 2081/82	Q1 2082/83	Q2 2082/83	Q3 2082/83	Q4 2082/83
Net profit	7.88 Cr	14.18 Cr	23.60 Cr	31.59 Cr	10.84 Cr	22.46 Cr	32.05 Cr	40.58 Cr
EPS	11.88	10.69	6.29	5.74	7.88	8.17	7.77	7.38
Book value	270.15	242.46	198.97	187.47	183.32	174.41	176.47	177.87