ASSETS |
NOTES |
2022 N'000 |
2021 N'000 |
Cash and Cash Equivalents |
6 |
1,109,907 |
737,626 |
Financial Assets |
7 |
1,843,660 |
1,661,626 |
Trade Receivables |
8 |
223,559 |
275,537 |
Reinsurance Assets |
9 |
1,173,088 |
1,368,146 |
Deferred Acquisition Cost |
10 |
200,540 |
443,369 |
Other Receivables and Prepayments |
11 |
271,590 |
235,553 |
Investment Properties |
12 |
1,430,000 |
1,430,000 |
Property, Plant and Equipment |
13 |
880,529 |
724,595 |
Statutory Deposit |
14 |
300,150 |
300,150 |
Total Assets |
|
7,433,024 |
7,176,602 |
LIABILITIES |
|
|
|
Insurance Contract Liabilities |
15 |
989,529 |
1,135,636 |
Trade Payables |
16 |
98,622 |
31,163 |
Provisions and Other Payables |
17 |
102,777 |
210,732 |
Retirement Benefit Obligations |
18.2 |
226,790 |
227,048 |
Current Income Tax Liabilities |
19.2 |
89,660 |
79,414 |
Deferred Tax Liabilit ies |
19.3 |
89,784 |
86,738 |
Total Liabilities |
|
1,597,162 |
1,770,731 |
|
|
|
|
Net Assets |
|
5,835,862 |
5,405,871 |
EQUITY |
|
|
|
Paid-up Share Capital |
20 |
4,064,789 |
4,064,351 |
Share Premium |
20 |
70,393 |
70,393 |
Statutory Contigcncy Reserve |
21 |
1,598,581 |
1,450,684 |
Retained Earnings |
22 |
(121,487) |
(416,068) |
Other Reserves |
23.1 |
(59,623) |
(47,093) |
Fair- value Reserves |
23.2 |
25,267 |
25,663 |
Revaluation Reserve |
23.3 |
257,941 |
257,941 |
Total Equity |
|
5,835,862 |
5,405,871 |
|
|
|
|
Total Liabilities and Equity |
|
7,433,024 |
7,176,602 |