2018 Get medical and life insurance for as low as 59,000/- per month.
Insurance you can afford.
Underwritten by
Orient Bancassurance is regulated by The Insurance Regulatory Authority of Uganda. Terms & conditions apply ANNUAL REPORT 2018
Get medical and life insurance for as low as 59,000/- per month.
Insurance you can afford.
Underwritten by
Orient Bancassurance is regulated by The Insurance Regulatory Authority of Uganda. Terms & conditions apply ANNUAL REPORT AND CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2018
CONTENTS
OVERVIEW Corporate Information 6 Branch Network 7 About Us 8 Our Product Portfolio 9 Our Delivery Channels 10 The Orient Business Academy 11
GOVERNANCE Chairman’s Statement 13 Managing Director/ CEO’s Statement 15 Board of Directors 18 Report of the Directors 22 Statement of Directors’ Responsibilities 24 Report of the Independent Auditors 25
FINANCIAL STATEMENTS Consolidated and separate statements of profit or loss and other comprehensive income 30 Consolidated and separate statements of financial position 31
Consolidated statements of changes in equity 32 Separate statements of changes in equity 33 Consolidated and separate statements of cash flows 34
NOTES TO THE FINANCIAL STATEMENTS Notes to the Financial Statements 35 – 100
04 Pay any bill at only Ugx 500 with No matter the bill amount, the cost is only Ugx 500
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