LINKAGE ASSURANCE : EARNINGFORCAST

CERTIFICATION OF THE EARNINGS FORECAST OF LINKAGE ASSURANCE PLC

FOR THE THIRD QUARTER ENDING 30 SEPTEMBER 2024

Pursuant to Section 64 of the Investments and Securities Act, 2007, we hereby certify that we have reviewed the Earnings Forecast of Linkage Assurance PLC for the Third Quarter Ending 30 September 2024 and the underlying assumptions.

We confirm our satisfaction with the Earnings Forecast for the Third Quarter Ending 30 September 2024 and the underlying assumptions.

_________________________	________________________
Emmanuel Otitolaiye	Mr. Daniel Braie
Chief Financial Officer	Managing Director/ CEO
FRC/2014/ICAN/00000008524	FRC/2018/CIIN/00000018082

COMPANY: LINKAGE ASSURANCE PLC
THIRD QUARTER ENDING 30 SEPTEMBER, 2024
EARNINGS FORECAST
PROFIT AND LOSS ACCOUNT INFORMATION & CASHFLOW
	Company
	N'000
Insurance revenue	4,535,479
Insurance service expenses	2,978,655
Reinsurance Premium paid	1,775,478
Recovery received	669,222
Finance expenses from insurance contracts issued	37,453
Finance income from reinsurance contracs issued	94,750
Investment Income	2,001,888
Net Operating Income	2,509,753
Operating Expenses	944,373
Profit/Loss Before Tax	1,565,380
Forecast Taxation	78,269
Profit/Loss After Tax	1,487,111
Cash From Operating Activities	771,031
Operating Cashflow Before Working Capital Changes	634,967
Net Cash Generated From Operating Activities	226,774
CashFlow From Investing Activities	362,838
CashFlow From Financing Activities	(249,451)
Net Increase (Decrease) In Cash & Cash Equivalents	340,161
Cash/Bank Balance at the Beginning of the Period	5,507,393
Cash/Bank Balance at the End of the Period	5,847,554

_________________________	________________________
Emmanuel Otitolaiye	Mr. Daniel Braie
Chief Financial Officer	Managing Director/ CEO
FRC/2014/ICAN/00000008524	FRC/2018/CIIN/00000018082