Home
About Us
What's New
Information
Annual
Reviews
Press Releases
Statistics
Submissions
Interesting links
Contact Us
ISI Members
|
| Quarter Ending: 31 December 1998 |
Table 3 - Income And Outgoings
of Assets Under Management |
|
|
|
|
|
($000's) |
%
of Total |
|
|
|
|
Premium Income |
|
|
|
|
|
|
| Conventional Life Policies |
200,041 |
10.47% |
|
|
|
|
| Unbundled Life Policies |
119,598 |
6.26% |
|
|
|
|
| Personal Superannuation |
241,694 |
12.65% |
|
|
|
|
| Employee Superannuation |
135,203 |
7.07% |
|
|
|
|
| Annuities |
1,251 |
0.07% |
|
|
|
|
Income Replace, Accident,
Medical and Trauma |
29,592 |
1.55% |
|
|
|
|
| Group Life and TPD |
7,194 |
0.38% |
|
|
|
|
TOTAL PREMIUM INCOME |
734,573 |
38.43% |
|
|
|
|
|
|
|
|
|
|
|
Investment Income |
|
|
|
|
|
|
| Interest |
122,583 |
6.41% |
|
|
|
|
| Dividends |
57,402 |
3.00% |
|
|
|
|
| Rents |
13,794 |
0.72% |
|
|
|
|
| Revaluations of Assets |
982,949 |
51.43% |
|
|
|
|
| TOTAL INVESTMENT INCOME |
1,176,728 |
61.57% |
|
|
|
|
| TOTAL INCOME |
1,911,301 |
100.00% |
|
|
|
|
|
|
|
|
|
|
|
| Taxes |
|
|
|
|
|
|
| Income Tax |
152,593 |
98.44% |
|
|
|
|
| Fringe Benefit Tax |
871 |
0.56% |
|
|
|
|
| Goods and Services |
1,550 |
1.00% |
|
|
|
|
TOTAL TAXES |
155,014 |
15.76% |
|
|
|
|
|
|
|
|
|
|
|
| Expenses |
|
|
|
|
|
|
Commissions |
63,742 |
38.95% |
|
|
|
|
All Other Management Expenses |
99,911 |
61.05% |
|
|
|
|
TOTAL EXPENSES |
163,653 |
16.63% |
|
|
|
|
|
EMPLOYEE
SUPER
($000's) |
%
of
Total
|
PERSONAL
SUPER
($000's) |
%
of
Total |
OTHER |
%
of
Total |
| Death Claims |
1,074 |
0.74% |
5,200 |
3.48% |
43,234 |
11.64% |
| Maturities |
4,161 |
2.88% |
35,401 |
23.71% |
92,172 |
24.81% |
| Annuities |
3,093 |
2.14% |
1,879 |
1.26% |
3,309 |
0.89% |
| Disability |
850 |
0.59% |
362 |
0.24% |
16,645 |
4.48% |
| Cash Withdrawals |
50,687 |
35.11% |
51,022 |
34.18% |
29,640 |
7.98% |
| Surrenders |
42,839 |
29.67% |
55,418 |
37.12% |
186,517 |
50.20% |
| Employee Super Plan Terminations |
41,668 |
28.86% |
n/a |
n/a |
| TOTAL PAYMENTS |
144,372 |
14.67% |
149,282 |
15.17% |
371,517 |
37.76% |
| TOTAL OUTGOINGS |
983,838 |
100.00% |
|
|
|
|
| INCOME LESS OUTGOINGS |
927,463 |
|
|
|
|
|
| 01/10/98
OPENING FUND BALANCE |
- |
|
|
|
|
|
| INCOME
LESS OUTGOINGS |
927,463 |
|
|
|
|
|
| TRANSFER TO SHAREHOLDERS |
927,463 |
|
|
|
|
|
| 31/12/98
CLOSING FUND BALANCE |
- |
|
|
|
|
|
 
|
