Skip to content
Back to announcement

incr decr Q3.pdf

Financial statement Text extracted LIFE

Source file signed link, expires in 15 minutes

This browser can't display the PDF inline. Open it in a new tab.

Extracted text 3

Page 1
                                                     September 30,     December 31,           %
                     ASSETS                                                                            Note
                                                         2024              2023           Incr/(Dec)
Cash on hand and in banks                                  666.479            780.815
Premium receivables                                          63.390            48.592           30%      A
Coinsurance receivables                                           0                   0
Investment receivables                                     254.558            157.775           61%      B
Reinsurance Assets                                           76.879            59.745
Other Receivables                                            24.634            22.416
Prepaid Expenses                                           142.992            141.677
Investments                                              13.060.139        13.202.709
Policy loans                                                  2.522             2.452
Fixed assets, net                                          151.019            155.457
Right use of assets                                           9.429            16.360
Other Assets                                               343.703            365.958
TOTAL ASSETS                                             14.795.744        14.953.956


The explanation of increase/decrease of asset as of September 30, 2024:

Note                                                  Explanation
 A       The siginificant increase in due to premium receivable in individual product
  B      The siginificant increase in due to investment receivable in sale investment for stock and mutual
         fund, and has been receive in Oct is 95 billion.
Page 2
                                                           September 30,   December 31,        %
                    LIABILITIES AND EQUITY                                                               Note
                                                               2024            2023        Incr/(Dec)
LIABILITIES
Due to Reinsurers                                                 79.447          51.227         55% C
Commissions payable                                               84.180          76.227
Accrued expenses                                                  73.397          93.919
Employee benefits liability                                       23.675          18.301
Lease liabilities                                                  8.156          14.696
Taxes payable                                                      7.310           8.678
Deferred Tax Liabilities                                          40.748          36.765
Other liabilities                                                341.355         299.805
Unearned Ujrah                                                    55.482          57.642
Liabilities to policy holders :
     Liability for future policy benefits                      1.939.832       2.300.729
     Liability for unit link                                   3.427.218       3.559.673
     Unearned premiums                                           267.034         180.102         48% D
     Estimated claims liability                                  267.910         264.937
     Claims payable                                               47.673          53.140
     Policyholders' deposits                                     248.347         205.749
Total Liabilities to policyholders                             6.198.014       6.564.330
TOTAL LIABILITIES                                              6.911.764       7.221.590


PARTICIPANTS' FUND                                               193.861         240.831


EQUITY
Share Capital
Share capital - Rp100 (full amount) par value per share
of December 31, 2020
Authorized, issued and fully paid - 2,100,000,000 (full
amount) shares as of December 31,2020                            210.000         210.000
Additional paid-in capital                                     6.842.500       6.842.500
Unrealize gain on changes in fair value of securities at
fair value through other comprehensive income - net              232.338         191.502
Allowance for impairment losses on securities
measured at fair value through other comprehensive
income                                                             4.540           2.280
Revaluation surplus on land and buildings - net                  104.254         107.257
Retained earning                                                 296.487         137.996
TOTAL EQUITY                                                   7.690.119       7.491.535
TOTAL LIABILITIES, PARTICIPANTS' FUND AND EQUITY              14.795.744      14.953.956
Page 3
The explanation of increase/decrease of liabilities as of September 30, 2024:

Note                                                Explanation
 C     The increase in reinsurance payable due to 2023's outstanding that has not been billed until
       September 2024.
 D     The siginificant increase in unearned premiums in health product (Individu and Group)

File

File Open PDF
Source IDX
Size0.31 MB
Published31 Oct 2024
Pages3
Characters5,229
Text sourceEmbedded text layer
OCR confidence—

Names mentioned 0 people and organisations named in the text · linked when the evidence is strong

The name pass has not read this document yet.

Extraction attempts how the parser did, and what it refused

Nothing structured was extracted from this document — the attempts below say why.

No extraction attempted yet.

Other files in this announcement 6

↑↓ select ↵ open ⇧↵ see every result