Investor Presentaiton
Income Statement for Insurance and Takaful Business
RM million
FY2021
FY2020
YOY
! 4Q FY2021 3Q FY2021 2Q FY2021 1Q FY2021 !
QoQ
Net interest income
Net earned premiums
Other operating income
1,375.9
8,846.8
(562.4)
Total operating income
9,660.4
1,260.4 | 9.2%
362.8
9,458.9 | (6.5)% | 2,167.6
820.6 | (>100)% ! (45.0)
11,539.8! (16.3)% 2,485.3
357.5
1,983.4
149.9
2,490.8
337.7
2,166.5
216.3
2,720.6
318.0
2,529.2 1 9.3%
(883.6) ! (>100)%
1.5%
1,963.6 ! (0.2)%
Net insurance benefits & claims incurred, net fee &
commission expenses, change in expense liabilities and
(7,752.2)
(9,559.6)
(18.9)% (1,960.3) (2,026.9) (2,187.0)
(1,578.0)
(3.3)%
life & takaful fund tax
Net operating income
1,908.2
1,980.2
Overhead expenses
(999.1)
(950.4)
PPOP
909.0
1,029.8
(3.6)%
5.1%
(11.7)%
525.0
(257.7)
267.3
Net impairment losses
Operating profit
30.9
939.9
(41.2)
(>100)%
988.6 i (4.9)%
3.1
463.9
533.7
(241.2) (244.9)
222.7
4.5
385.6
13.2%
(255.3)
6.9%
288.7
130.3
20.0%
(0.3)
23.6
(30.1)%
270.4
227.2
288.4
153.9
19.0%
Reconciliation of net insurance benefits & claims incurred, net fee & commission expenses, change in expense liabilities and life & takaful
fund tax
RM million
FY2021
FY2020
YOY 1 4Q FY2021 3Q FY2021 2Q FY2021 1Q FY2021 ! QoQ
Net insurance benefits & claims incurred, net fee &
commission expenses, change in expense liabilities and
life & takaful fund tax
(7,752.2)
(9,559.6)
Less: intercompany elimination
276.5
338.8
Total net insurance benefits & claims incurred, net fee
& commission expenses, change in expense liabilities
and life & takaful fund tax
(7,475.7)
(18.9)% (1,960.3)
(18.4)% i 76.6
(9,220.8) (18.9) % (1,883.7) (1,959.2) (2,122.1) (1,510.7) (3.9)%
(2,026.9)
(2,187.0) (1,578.0)
(3.3)%
67.7
64.8
67.3
13.1%
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