ETHICAL COMPLIANCE REPORT

SBI LIFE INSURANCE CO

Sector:

Financial Services

Industry:

Insurance - Life

Overall Compliance

non-compliant

PRIMARY BUSINESS FILTER
Insurance and Investment Firm
non-compliant
REVENUE RATIO FILTER
100.8%
View Calculations
DEBT RATIO FILTER
0%
View Calculations
LIQUIDITY RATIO FILTER
40.3%
View Calculations

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.

100.8%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{36624470.00}{36624470.00} \times 100 = 100.80\%

FORMULA

\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%

Segment	Compliance	Value
other	questionable	₹0.00
Amount Transferred From Policyholder Account (technical Account	non-compliant	₹2.60
Other Income	non-compliant	₹0.79
) Profit on sale / redemption of investments	questionable	₹0.27

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.

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{0.00}{117627863.00} \times 100 = 0.00\%

FORMULA

\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.

40.3%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{47458924.00}{117627863.00} \times 100 = 40.30\%

FORMULA

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