Account Receivables of Insurance Transactions

Particulars

30 June 2017

30 June 2016

Premiums under Collection

833 336 115

87 486 844

Current Account of Insured

147 626 276

49 404 958

Post-dated Cheques

97 104 852

23 590 554

Dishonored Cheques + subject to litigation

4 856 197

4 377 172

Total

332 923 440

164 859 528

Provision for Insurance Operation Debtors

(20 049 723)

16 281 197

Net

312 873 717

14 857 8331

 It is noteworthy that the collection ratio for 2016/2017 reached 67 % versus 80.67 % for the last year