ROE / OER & Cost/Commissions Ratio
| For the Year ended Mar. 31,2005 |
| FY2002 | FY2003 | FY2004 | |
|---|---|---|---|
| ROE (Return on Equity) | N.A. | 7.6% | 12.8% |
| Operating Efficiency Ratio | 127.0% | 119.6% | 127.5% |
| Cost/Commissions Ratio | 106.2% | 114.5% | 109.0% |
Operating Efficiency Ratio:
(Commissions + Financial Inc.) / (Commission cost + Financial cost + SG&A - Loss Provisions).
Cost / Commissions Ratio: (SG&A ? Provisions + Commission cost) / Commissions Inc.
CAR
| Mar.2001 | Mar.2002 | Mar.2003 | Mar.2004 | Dec.2004 | Mar.2005 | |
|---|---|---|---|---|---|---|
| CAR.(Capital Adequacy Ratio) | 449.10% | 596.20% | 525.40% | 606.76% | 628.32% | 315.17% |