ETHICAL COMPLIANCE REPORT

LIFE INSURA CORP OF INDIA

Sector:

Financial Services

Industry:

Insurance - Life

Overall Compliance

non-compliant

non-compliant

Revenue Ratio

The sum of revenue from questionable and non-compliant sources should not exceed 3% of the total revenue. This ensures that the company has tolerable reliance on unethical sources of revenue.

5572.5%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:477521050000000.00856918590000000.00×100=5572.50%\textbf{Revenue Ratio:} \\[12pt] \dfrac{477521050000000.00}{856918590000000.00} \times 100 = 5572.50\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
premium
questionable
questionable		₹4,77,52,105.00
other
compliant
compliant		₹3,79,39,754.00

Debt Ratio

The interest bearing debt should not exceed 31% of the total assets. This is to ensure that the company is not paying a significant portion of its assets as interest.

0%

CALCULATION

Debt Ratio:0.00828996000000.00×100=0.00%\textbf{Debt Ratio:} \\[12pt] \dfrac{0.00}{828996000000.00} \times 100 = 0.00\%

FORMULA

Debt Ratio:Interest Bearing DebtTotal Assets×100  ≤  30%\textbf{Debt Ratio:} \\[12pt] \dfrac{\text{Interest Bearing Debt}}{\text{Total Assets}} \times 100 \; \leq \; 30\%

Liquidity Ratio

The total liquid assets should not exceed 90% of the total assets. This is to ensure that trading this stock does not become similar to trading a currency.

50.5%

CALCULATION

Liquidity Ratio:418244700000.00828996000000.00×100=50.50%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{418244700000.00}{828996000000.00} \times 100 = 50.50\%

FORMULA

Liquidity Ratio:Total Liquid AssetsTotal Assets×100  ≤  90%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{\text{Total Liquid Assets}}{\text{Total Assets}} \times 100 \; \leq \; 90\%