Postal Life Insurance Special Account

Profits and Losses

100 million yen
    FY 1998         FY 1999    
Profits
   Insurance premiums
   Investment income
   Miscellaneous income
   Insurance reserve brought forward from
     the preceding year
       Actuarial reserve
       Dividend reserve
       Policy claims reserve-life
   Fluctuation in value of investment reserve from
     the preceding year
   Transfers to dividend reserve from the surplus
     brought forward from the preceding year
146,042
39,849
24
1,064,656

989,534
72,220
2,902
2,107

3,104
135,321
37,651
20
1,122,685

1,053,744
65,619
3,322
2,238

2,081
Total 1,255,781 1,299,995
Losses
   Insurance expenses
       Insurance money and annuities
       Refunds premiums
       Dividends
   Expenses
       Consumption tax
       Refunds and compensation
   Operation Expenses excluding development costs
   Grants to the Corporation
   Insurance reserve to be carried over to the following year
       Actuarial reserve
       Dividend reserve
       Policy claims reserve-life
   Fluctuation in value of investment reserve to be carried
     over to the following year
   Surplus for current year
116,741
88,013
17,417
11,311
4,875
3
4,872
6,855
294
1,122,685
1,053,744
65,619
3,322
2,238

2,093
120,531
93,061
18,185
9,285
4,770
2
4,768
7,009
294
1,163,157
1,100,923
59,099
3,135
2,425

1,809
Total 1,255,781 1,299,995

(Attention) Since the figures have been round up , the totals may not round off.


Balance Sheet (as of fiscal year-end)

100 million yen
    FY 1998         FY 1999    
Debits
   Entrusted to National Treasury
   Deposits with Trust Fund Bureau
   Deposits with other institutions
   Securities
   Loans
   Funds entrusted to trust banks
   Accrued income
   Accounts receivable
   Transfers to Postal Services Special Account
   Investments in the Corporation
   Fixed assets
3,000
61,461
65,261
586,549
305,786
95,311
6,718
0.4
3,733
4,034
443
6,000
32,561
41,944
658,487
301,627
115,311
8,080
0.5
3,975
4,255
443
Total 1,132,296 1,172,683
Credits
   Insurance reserve
       Actuarial reserve
       Dividend reserve
       Policy claims reserve-life
   Accounts payable
   Fluctuation in value of investment reserve
   Surplus
       Capital surplus
       Profit surplus
         Surplus brought forward from the preceding year
         Surplus for current year
1,122,685
1,053,744
65,619
3,322
1
2,238
7,372
492
6,880
4,787
2,093
1,163,157
1,100,923
59,099
3,135
0.7
2,425
7,100
492
6,609
4,799
1,809
Total 1,132,296 1,172,683

(Attention) 1 Since the figures have been rounded up , the totals may not round off.
2 Surplus brought forward from the preceding year amounted to 480,900 million as asesult of having transferred 180,000 million out of 660,900 million in profit surplus to dividend reserve after settlement.


return