Statement of Actual Income

As at December 31 of Each Year

(in millions)
Restated
Particulars 2010 2011 2012 2013 2014
2015
Premium Income 33,950 36,770 47,440 57,054 86,567 99,625

Benefit Expense 30,014 34,972 47,928 55,464 77,307 97,035

Gross Margin 3,936 1,798 (488) 1,590 9,260 2,590

Operational Expenses 3,785 4,133 4,529 4,836 5,036 5,765

Operating Income / (Loss) 151 (2,334) (5,017) (3,246) 4,224 (3,174)

Interests and Other Income 6,273 6,676 6,784 6,698 6,573 7,076

Net Income / (Loss) 6,424 4,341 1,768 3,453 10,797 3,902

Reserve Fund End 90,655 103,170 113,953 116,984 128,022 131,923

Reserve Fund Available Over 2-Year
Requirements (in months) 23.76 21.96 19.17 15.16 13.55 11.21
 Statement of Projected Income
As at December 31 of Each Year
(in millions)

Particulars 2016 2017 2018 2019 2020

Premium Income 123,457 148,576 191,954 216,596 241,434

Benefit Expense 114,437 139,121 183,227 197,934 225,901

Gross Margin 9,020 9,455 8,727 18,662 15,533

Operational Expenses 10,138 12,296 11,983 15,488 17,098

Operating Income / (Loss) (1,118) (2,841) (3,256) 3,174 (1,565)

Interests and Other Income 5,874 7,126 7,001 7,465 7,669

Net Income / (Loss) 4,756 4,285 3,744 10,639 6,104

Reserve Fund End 133,705 137,990 141,735 152,374 158,478

Reserve Fund Available Over 2-Year

Requirements (in months) 9.26 8.10 7.45 7.39 7.42
Comparative Statement of Income
As at July 2016
(in millions)

Particulars Projected Actual As at July 2016

Premium Income 123,457 60,358 48.89%

Benefit Expense 114,437 58,905 51.47%

Gross Margin 9,020 1,453 16.11%

Operational Expenses 10,138 3,444 33.97%

Operating Income / (Loss) (1,118) (1,991) 178.09%

Interests and Other Income 5,874 3,362 57.24%

Net Income / (Loss) 4,756 1,371 28.83%