Voyager Banff Sept 2024 Booklet-for email template

VOYAGER FINANCIAL STATEMENTS AS OF 06.30.24

VOYAGER CAPTIVE PROGRAM STATEMENTS OF INCOME (Unaudited)

Seven Months Ended

Year Ended November 30,

June 30,

June 30,

2024

2023

2023

REVENUE

Loss fund premiums earned Loss fund assessments

$

12,183,808 1,088,828 1,584,641 14,857,277

$

11,048,171 1,715,074 1,352,578 14,115,823

$

19,859,854 2,756,132 2,368,063 24,984,049

Interest income

Total revenues

EXPENSES

Loss and loss adjustment expenses paid

10,239,242

10,792,053

19,570,611

Change in case reserves

247,999 227,010

446,336 522,526

(216,281) 959,747

Change in incurred but not reported losses

Total expenses

10,714,251

11,760,915

20,314,077

Provisional net income (loss)

$

4,143,026

$

2,354,908

$

4,669,972

21

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