Century Insurance : TRANSMISSION OF QUARTERLY REPORT FOR THE QUARTER ENDED 31 MARCH 2023

Century Insurance Company Limited

Quarterly Report March 2023

(Un-audited)

Table of Contents

Financial Statement

Conventional Operations

Vision and Mission	2
Corporate Information	3
Directorsí Review	4
Directorsí Review (Urdu)	7
Condensed Interim Statement of Financial Position	8
Condensed Interim Profit and Loss Account (Un-audited)	10
Condensed Interim Statement of Comprehensive Income	11
Condensed Interim Statement of Cash Flows	12
Condensed Interim Statement of Changes in Equity	14
Notes to and Forming Part of the Condensed Interim Financial Statements	15

Financial Statement

Window Takaful Operations

Condensed Interim Statement of Financial Position	34
Condensed Interim Profit and Loss Account (Un-audited)	36
Condensed Interim Statement of Comprehensive Income	37
Condensed Interim Statement of Cash Flows	38
Condensed Interim Statement of Changes in Fund	39
Notes to and Forming Part of the Condensed Interim Financial Statements	41

2 Quarterly Report March 2023

Corporate Information

Board of Directors

Mr. Iqbal Ali Lakhani - Chairman

Mr. Amin Mohammed Lakhani

Ms. Anushka Lakhani

Mr. Aftab Ahmad

Mr. Sadrudin Ismail Mohamed

Mr. Akber Dawood Vazir

Mr. Mohammad Hussain Hirji - Chief Executive Officer

Advisor

Mr. Sultan Ali Lakhani

Chief Financial Officer

Mr. Sabza Ali Pirani

Company Secretary

Mr. Mansoor Ahmed

Audit Committee

Mr. Sadrudin Ismail Mohamed - Chairman

Mr. Amin Mohammed Lakhani

Mr. Aftab Ahmad

Investment Committee

Mr. Iqbal Ali Lakhani - Chairman

Mr. Aftab Ahmad

Mr. Mohammad Hussain Hirji

Mr. Sabza Ali Pirani

Ethics, Human Resource &

Remuneration Committee

Mr. Sadrudin Ismail Mohamed - Chairman

Mr. Amin Mohammed Lakhani

Mr. Akbar Dawood Vazir

Mr. Mohammad Hussain Hirji

External Auditors

M/s. EY Ford Rhodes

Chartered Accountants

Shares Registrar

M/s. FAMCO Associates (Pvt.) Ltd.

8-F, Near Hotel Faran, Nursery, Block-6, P.E.C.H.S., Shahra-e-Faisal, Karachi.

Tel: [phone]

Fax: [phone]

Email: [e-mail]

Website: www.famco.com.pk

Bankers

Al Baraka Bank (Pakistan) Limited

Askari Bank Limited

Bank Alfalah Limited

Bank Islami Pakistan Limited

Dubai Islamic Bank Pakistan Limited

Habib Bank Limited

Habib Metropolitan Bank Limited

JS Bank Limited

MCB Islamic Bank Limited

Meezan Bank Limited

NRSP Microfinance Bank Limited

Silkbank Limited

Soneri Bank Limited

Standard Chartered Bank (Pakistan) Limited

Telenor Microfinance Bank Limited

U Microfinance Bank Limited

United Bank Limited

Registered & Corporate Office

Lakson Square, Building No. 2,

Sarwar Shaheed Road, Karachi-74200.

Head Office

11th Floor, Lakson Square, Building No. 3, Sarwar Shaheed Road, Karachi-74200.

Website: www.cicl.com.pk

UAN: 111-111-717

NTN: 0710008-6

Century Insurance Company Limited	3