(Profits and Losses)
Items Description (Profits) Insurance premiums The amount of insurance premiums received Investment income Income from managing the reserve account and surplus, which includes interest on loans and marketable securities, gains on sale or redemption of marketable securities, and underwriting fees received on bonds of special corporations such as government or public corporations Miscellaneous income Returned funds from compensation for incorrect overpayments of insurance premiums or losses from incidental or criminal acts Insurance reserve brought forward from the preceding year Actuarial reserve Actuarial reserve balance as of the end of the preceding year Dividend reserve Dividend reserve balance as of the end of the preceding year Policy claims reserve - life Policy claims reserve - life balance as of the end of the preceding year Fluctuations in value of investment reserve brought forward from the preceding year Loss reserve for fluctuations in value of investments as of the end of the preceding year Transfers to dividend reserves from the surplus brought forward from the preceding year Surplus from the preceding year to be transferred to dividend reserve (Losses) Insurance expenses Expenditures for insurance benefits, pensions, refunds, and dividends Expenses Consumption tax Consumption tax on bond underwriting fees received as a means of managing reserve funds Refunds and compensation Refund of insurance premiums, compensation for loss from cash payments Operating expenses, excluding building and repairing expenses Amount transferred to Postal Services Special Account for the operating expenses of the Postal Life Insurance division Grants to the Postal Life Insurance Welfare Corporation Amounts granted to the Corporation for administrative expenses Insurance reserve to be carried over to the following year Actuarial reserve Actuarial reserve balance as of the end of the current year Dividend reserve Dividend reserve balance as of the end of the current year Policy claims reserve - life Policy claims reserve - life balance as of the end of the current year Fluctuations in value of investment reserve to be carried over to the following year Loss reserve for fluctuations in value of investments as of the end of the current year Surplus for current year Surplus generated for the current fiscal year
(Balance sheet)
Items Descriptions (Debits) Entrusted to National Treasury Amount of cash entrusted with Bank of Japan main branch Deposits with Trust Fund Bureau Amount deposited with Trust Fund Bureau Deposits with other institutions Amount deposited with financial institutions as a means of managing reserve funds Securities Marketable securities purchased, e.g. government bonds, municipal bonds, corporate bonds, and bank debentures as a means of reserve funds management Loans Amount of loans to insurance policyholders, municipals, government related organizations Funds entrusted to trust banks Amount entrusted to the Postal Life Insurance Welfare Corporation as a means of reserve funds management Accrued income Amount of interest receivable as of the end of the current fiscal year Unreceived fund Amount of consuption tax on handling charges in managing reserve fund to be refunded in the following year Transfers to Postal Services Special Account Amount transferred to Postal Services Special Account for building and repairing expenses of Postal Life Insurance division (expenses, including construction costs for post office buildings, purchase of machines and equipment) Investments in the Postal Life Insurance Welfare Corporation Amount of cash invested in the Corporation, and value of assets that belong to Postal Life Insurance Special Account donated to the Corporation from the Postal Life Insurance Special Account and Postal Services Special Account Fixed assets Fixed assets including land and buildings that belong to the Postal Life Insurance Special Account (Credits) Insurance reserve Actuarial reserve Total of the following three items: Reserve for insurance benefits and pension payments, unearned premiums, and contingency reserve Dividend reserve Reserve for dividends from surplus Policy claims reserve - life Insurance benefits not paid to policyholders as of the end of year for the policyholders' personal reasons, although the cause of insurance payment occurred in the previous year Accounts payable Consumption tax payable in the following year on fees received from reserve fund management Fluctuation in value of investment reserve Amount of loss reserve for fluctuations in value of investments Capital surplus The total of the following two items:1) Surplus generated because the right concerning asset donation from the Postal Life Insurance Special Account and the Postal Services Special Account to the Corporation belongs to the Postal Life Insurance Special Account. 2) Refund concerning fixed assets (fixed assets on this account including land and buildings) caused by the change in accounting policies in 1988 Profit surplus Surplus brought forward from the preceding year Amount of surplus brought forward from the preceding year Surplus for current year Surplus generated for the current fiscal year