Class 3 - Protection and Indemnity
|
Annual Advance Call Increase/Initial Estimate of Deferred Call/Actual or Current Estimate of
Deferred Call |
| A | B | C | |
 |
|||
| Annual Advance Call Increases (Decreases) |
Initial Estimated Deferred Call |
Actual [or Current Estimated] Deferred Call |
|
|
|||
| 1985/86 | Nil | 20% | - 30% |
| 1986/87 | Nil | 15% | - 30% |
| 1987/88 | Nil | 15% | Nil |
| 1988/89 | Nil | 20% | 10% |
| 1989/90 | 5% | 25% | 20% |
| 1990/91 | 12.5% | 25% | 25% |
| 1991/92 | 20% | 30% | Nil |
| 1992/93 | 25% | 40% | - 10% |
| 1993/94 | 10% | 40% | - 5% |
| 1994/95 | 5% | 40% | - 5% |
| 1995/96 | Nil | 25% | -10% |
| 1996/97 | 5% | 25% | -7.5% |
| 1997/98 | Nil | 25% | Nil |
| 1998/99 | Nil | 25% | 10% |
| 1999/00 | Nil | 25% | 15% |
| 2000/01 | Nil | 25% | 25% |
| 2001/02 | 10% | 25% | 25% |
| 2002/03 | 15% | 40% | 40% |
| 2003/04 | 15% | 40% | 40% |
| 2004/05 | 8.5% | 40% | 30% |
| 2005/06 | 7.5% | 40% | [30%] |
| 2006/07 | 5% | 30% | [30%] |
| 2007/08 | 5% | 30% | [30%] |
| 2008/09 | 15% | 40% | [40%] |
|
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| Notes | |
| 1. | Column B shows the forecasts of the Managers at the commencement of each policy year. |
| 2. | The policy years from 2005/06 onwards are not yet closed and the percentages for those years in Column C represent the current forecast of the deferred calls. |
| 3. | In Column C, where a negative figure appears, this represents the percentage of the advance call returned to Members. |
Advance and Deferred Calls
Invested Funds at Market Value as at 20 February 2008 - Class 3
Class 6 - Freight, Demurrage and Defence
|
Annual Advance Call Increase & Actual or Current Estimate of Deferred Call |
| A | B | ||
|
|||
| Annual Advance Call Increase (Decrease) | Actual [or Current Estimated] Deferred Call |
||
|
|||
| % | % | ||
| 1985/86 | Nil | 20 | |
| 1986/87 | 15 | Nil | |
| 1987/88 | 10 | Nil | |
| 1988/89 | 10 | Nil | |
| 1989/90 | 10 | Nil | |
| 1990/91 | 7.5 | Nil | |
| 1991/92 | 15 | - 25 | |
| 1992/93 | 25 | - 30 | |
| 1993/94 | 25 | - 40 | |
| 1994/95 | 5 | - 100 | |
| 1995/96 | Nil | - 50 | |
| 1996/97 | Nil | -100 | |
| 1997/98 | Nil | -80 | |
| 1998/99 | (10) | -60 | |
| 1999/00 | Nil | -20 | |
| 2000/01 | Nil | Nil | |
| 2001/02 | Nil | Nil | |
| 2002/03 | Nil | Nil | |
| 2003/04 | Nil | Nil | |
| 2004/05 | 10 | [Nil] | |
| 2005/06 | 7.5 10 |
(Owners) (Charterers) |
[Nil] |
| 2006/07 | 5 20 |
(Mutual entries) (Chartered entries) |
[12.5] |
| 2007/08 | 5 5 |
(Mutual entries) (Chartered entries) |
[12.5] |
| 2008/09 | 7.5 20 |
(Mutual entries) (Chartered entries) |
[20.0] |
|
|||
| Notes | |
| 1. | The policy years from 2004/05 onwards are not yet closed. |
| 2. | From the 2000/2001 policy year the initial amount of each claim borne by the Association was increased from USD1,000 to USD5,000. |
| 3. | In column B, where a negative figure appears, this represents the percentage of the advance call returned to the Members. |