Chartered Life Insurance Company Limited

Calculation of NAV

Particulars Sept ' 2022

1 Loan on insurers policy 7,156,282
2 Investment 411,238,171
3 Premiunm Receivable 86,247,749
4 Interest,dividend & rent accrued but not due 7,457,710
5 Advance & deposit 35,950,503
6 Sundry Debtors 838,177
7 Cash & bank balance 26,290,571
8 Fixed Assets (at cost less depreciation) 129,436,066
9 Stock of stamp,forms & stationeries 4,117,681
A Total Assets 708,732,910
Estimated liabilities in respect of outstanding claim -
1
whether due or initimated
Amount due to other person or bodies carrying on 13,137,587
2
insurance business
3 Sundry Creditors 38,716,089
4 Policyholders Liabilities(as per Actuarial valuation report) -
5 Provision for income tax 9,766,309
6 Premium Deposit 3,844,204
9 Fait value Changes Account (7,013,250)
B Total Liabilities 58,450,939
C Net Assets(A-B) 650,281,971
D No. of shares as per Audited Financial Statement 22,500,000
E Net Assets Value per share(C/D) 28.90

Note : The above NAV calculation has been made other than including Policyholder's
Liabilities determined by Actuary its valuation reports.