AXA Mansard Insurance Plc 2016 Financial Summary

Major Shareholder

Assur Africa Holdings Limited 76.48%

12 Months Report AXA MANSARD PLC
	2016 N'000	2015 N'000	change	Year End
Revenue	20,713,129	16,574,614	25%	December
Profit/Loss before taxation	3,125,627	2,023,653	54%
Profit/Loss for the period	2,634,996	1,662,181	59%
Issued Shares (Units)	10,500,000,000	10,500,000,000
Basic Earnings Per Shares (Kobo)	20.00	11.81	69%
Last total dividend paid (Kobo)	2.00	3.00	-33%

Quarter on Quarter performance

Revenue                                                                   PAT

N'000                                                                       N'000

Q1: #8,831,923                                                      Q1: #700.107

Q2: #4,386,921                                                      Q2: #1.563.748

Q3: #3,723,878                                                      Q3: #776.249

Q4: #3,770,407                                                      Q4: (#405.108)

AXA Mansard Quarter on Quarter performance, characteristics of the industry. The Company maintained an average of #5.1billion in terms of gross premium written and #658million in terms of PAT climaxed at Q2 and anticlimax at Q4.

A closer look at the result shows that Fair value gains on investment property was fair to the company, as it increased from #892million to #2.8billion. 

AXA Mansard declared a dividend of 2k for the Financial year end 2016 a kobo less than 2015 payment. details of corporate action would come later.