Page 29 - 18th AGM Brochure_Neat

Takaaful T&T Friendly Society 18th AGM Brochure 28

TAKAAFUL T & T
BALANCE SHEET
AS AT 31ST DECEMBER, 2015

NOTES CONSOLIDATED GF IF FBS WAQF 2014
2015
1,488,801
CURRENT ASSETS 3,518,809
3,670,377
Cas h 3 102,518 (159,823) 211,119 42,274 8,948
Accounts Receivables 4 4,102,425 56,678 4,006,789 2,147 36,811 3,120
In v es tmen ts 5 4,385,542 - 2,778,210 1,607,332 8,681,107
Stock 3,040 -
3,040 - - -
8,593,525 (100,105) 6,996,118 44,421 1,653,091

CURRENT LIABILITIES

Creditors & Accruals 6 2,720,716 104 2,718,643 1,969 - 3,527,978
Deferred Income 7 303,611 303,611 - - 303,611
- 3,831,589
3,024,327 104 3,022,254 1,969

WORKING CAPITAL 5,569,198 (100,209) 3,973,864 42,452 1,653,091 4,849,518

In v es tmen ts -Lan d 8 15,453,951 - 15,003,951 - 450,000 12,531,407
Waqf Assets 537,084 - - - 537,084 537,084
FIXED ASSETS(NET) 12,022 12,022 - - 7,780
-
TOTAL NET ASSETS 21,572,255 $42,452
($88,187) $18,977,815 $2,640,175 $ 17,925,789

REPRESENTED BY: 9 18,662,699 - 18,662,699 - - 15,543,670

RELATED PARTIES 10 (168,752) (168,752) - - - (189,334)
11 24,580 24,580 - - - 23,369
EQUITY 12 (a) 384,592 13,170 315,116 42,452 13,854 325,884
12 (b) - - - 2,604,650
Capital 13 2,604,650 21,671 2,092,167
Education Fund 21,671 42,815 - - - 54,761
Reserve Fund $ 42,815 $ (88,187) $ 18,977,815 $ 42,452 $ 2,640,175 75,272
Waqf Fund
Waqf Fund Surplus 21,572,255 $ 17,925,789
Eid Fund
EQUITY FUND

-- -- - -

The notes and schedules on pages 7 to 11 form part of this financial statement.

PRESIDENT……………………………………….
TREASURER………………………………………
SECRETARY………………………………………