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2013 Audited Accounts: NEM Insurance Post 22% Drop In Earnings Per Share

NEM INSURANCE PLC AUDITED ACOUNTS FOR THE YEAR ENDED DECEMBER 2013 Net Premium Income (Millions) 2014 N7,425 2013 N9,117 %age Change (-18.5%) Underwriting Profits (Millions) 2014 N1,831 2013 N3,628 %age Change (-49.5%) Profit after tax (Millions) 2014 N395 2013 N455 %age Change (-13%) Earnings Per Share 2014 7 Kobo 2013 9 Kobo %age Change (-22.2%)

NEM INSURANCE PLC AUDITED ACOUNTS FOR THE YEAR ENDED DECEMBER 2013

Net Premium Income (Millions)

2014 N7,425

2013 N9,117

%age Change (-18.5%)

Underwriting Profits (Millions)

2014 N1,831

2013 N3,628

%age Change (-49.5%)

Profit after tax (Millions)

2014 N395

2013 N455

%age Change (-13%)

Earnings Per Share

2014 7 Kobo

2013 9 Kobo

%age Change (-22.2%)




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