PAKISTAN REINSURANCE COMPANY LIMITED
STATEMENT OF INVESTMENT INCOME
FOR THE QUARTER ENDED MARCH 31, 2004 (UNAUDITED)
March 31,  2004 March 31,  2003
Rupees Rupees
Income from non-trading investment
Held to maturity investments
Return on government securities 9,042,010 26,215,735
Available for sale investments
 
     Return on other fixed income securities and deposits - 72,917
     Dividend income 10,650,874 10,812,555
     Gain on sale of available for sale investments 2,599,838 -
- -
Gain on sale of non-trading investment    
22,292,722 37,101,207
Less: investment related expenses 633,724 610,612
   
Net investment income 21,658,998 36,490,595
The annexed notes form an integral part of these financial statement
Naheed Hyder
 Maj (R) Muhammad Fazal Durrani Syed Yawar Ali Fazlur Rehman Dittu
Executive Director (F&A) Chief Executive Director Director