With the proposed merger now a memory, the club move on. Results are excellent with Free Reserves standing at USD 512,696,000.
The club has once again lowered the deferred call by 10% for 2015/16. Whilst there are no guarantees, there is every possibility the same reduction will apply for this year. Britannia and Gard are the best performing clubs in calling for lower premiums. This augurs well for the future. We are also led to believe the club will amended its rules to allow for additional premium returns away from the traditional deferred call.
Britannia presently holds the greatest level of Free Reserves which relate to 197% on annual income.