Prudent investment also plays a significant role in the earning of an insurance company. However, it requires a professional team to monitor this portfolio in order to take the best utilization of investments. In the beginning of 2013 the Board of Directors advised the management to formulate an investment policy for the company. Hence, the management after formulating an investment policy submitted to the Board for approval and consequent implementation. You should be pleased to know that Investment Committee is now convening frequent meetings in order to review the status of investments in accordance with the laid down principles in various sectors of investments including attractive scrip in Karachi Stock Exchange. It is encouraging to note that during the year 2013 the ratio of our equity/investment has incredibly improved and your company has earned investment income of more than Rs.100 million.