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01.07.2024 12:26 #Corporate events

Audit report on 2023 financial statements of Life Insurance Company Standard Life JSC released

/KASE, July 1, 2024/ – Life Insurance Company Standard Life JSC (Almaty), with its shares officially listed on Kazakhstan Stock Exchange (KASE), provided KASE with an audit report on the 2023 financial statements of the company.

Based on the audited data as of December 31, 2023 (in thousand KZT, unless otherwise indicated):

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                           as of      as of
Parameter               31.12.23   31.12.22
--------------------- ---------- ----------
Equity capital         9,845,172  7,999,272
Total assets          47,687,023 47,533,485
Total liabilities     37,841,851 39,534,213
Net profit (net loss)  2,058,634  2,350,577
ROA, %                      4.32       4.95
ROE, %                     20.91      29.38
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Audit of the 2023 financial statements of the company was carried out by Independent Auditing Company Centaudit-Kazakhstan LLP. According to the auditor's report, the financial statements represent reliably, in all material aspects, the financial position of Standard Life Life Insurance Company JSC as of December 31, 2023, as well as its financial results and cash flows for the year ended on the specified date, subject to the IFRS.

The report is posted on the KASE website at see more

[2024-07-01]