Journey Simplification and Business Resilience slide image

Journey Simplification and Business Resilience

Revenue and Profit & Loss A/c Revenue A/c¹ H1 FY22 H1 FY21 Rs bn Profit and Loss A/c¹ H1 FY22 H1 FY21 i Premium earned I 192.9 160.5 ! Income I I Reinsurance ceded (3.0) (2.8) Interest and dividend income 2.5 2.0 I Income from Investments I I 158.4 150.7 Net profit/(loss) on sale 2.1 0.3 I Other Income 0.5 0.7 Transfer from Policyholders' Account 3.3 5.6 I Transfer from Shareholders' Account 2.0 0.1 I Other Income I Total Income 350.7 309.1 Total 7.9 8.0 Commissions 8.1 6.7 I Outgoings | Expenses 23.0 17.7 I I I I Transfer to Policyholders' Account 2.0 0.1 GST on UL charges 1.8 1.7 I I I i Expenses 0.2 0.1 ■ Provision for taxation 0.1 0.5 I I ¡ Interest on convertible debentures 0.2 0.1 i Provision for diminution in value of investments (2.4) (0.5) I I I I Benefits paid 134.7 72.5 i Provision for diminution in value of investments (0.3) (0.1) I I Change in valuation reserve 176.6 203.8 I ¡Provision for Taxation 0.1 0.0¦ I Bonuses Paid 6.6 2.9! Total 2.1 0.2 Total Outgoings 348.5 305.2 Surplus Transfer to Shareholders' Account 2.2 3.3 3.9 Profit for the year as per P&L Statement Interim Dividend paid (including tax) 5.8 7.8 (4.1) 5.6 I Funds for future appropriation - Par Profit carried forward to Balance Sheet 1.7 7.8 (1.0) (1.7) Total Appropriations 2.2 3.9 1. Numbers may not add up due to rounding off effect ◉ HDFC Life 57
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