90 likes | 221 Views
Kiboko Financial Services Ltd. 17 th -18 th July Board Meeting. Contents. Financials. Financials: Movements since previous board meeting. Note: comparison between 17 th May to 9 th July 2013. UGX converted to USD at $1 = UGX 2580. Financials: Group premiums/commissions.
E N D
Kiboko Financial Services Ltd 17th-18th July Board Meeting
Contents • Financials
Financials: Movements since previous board meeting Note: comparison between 17th May to 9th July 2013. UGX converted to USD at $1 = UGX 2580
Financials: Group premiums/commissions Note: these are as at 9th July 2013. UGX converted to USD at $1 = UGX 2580
Financials: Other client premiums/commissions Note: these are as at 9th July 2013. UGX converted to USD at $1 = UGX 2580
Financials: Expenses Note: These expenses are from inception up to 9th July 2013. FX $1=UGX 2580
Financials: Summary • Projected GP for 2013 $185k and NP $70K • Kiboko Group policies expected to reach $600k by 31/12/2013 (approx $120k commissions). • Forecast gross premiums from other clients, including existing and new, is $325k to year-end. • Premiums received from clients as at 9th July is approximately 12% of total.