BS - Consolidated Financial Statement 2019-20

GENERAL INSURANCE CORPORATION OF INDIA
Registration No. 112
Date of Registration with IRDAI : 2nd April, 2001
CONSOLIDATED BALANCE SHEET AS AT 31 MARCH 2020
  Particulars Schedule   Current Year Previous Year
        (` '000) (` '000)
SOURCES OF FUNDS          
  Share Capital 5   87,72,000 87,72,000
  Reserves and Surplus 6   23,06,68,250 24,61,51,751
  Borrowings 7   0 0
  Deferred Tax Liability     0 0
  Fair Value Change Account        
  Policyholders' Fund     3,25,13,285 8,40,13,142
  Shareholders' Fund     11,62,07,293 22,02,26,487
  Total     38,81,60,828 55,91,63,380
APPLICATION OF FUNDS          
  Investments - Shareholders 8  
17,72,86,001
24,57,07,039
  Investments - Policyholders 8  
53,18,90,082
57,47,45,925
  Loans 9  
23,47,397
25,79,188
  Fixed Asssets 10  
18,16,894
19,75,792
  Goodwill on consolidation    
2,73,832
27,3,832
  Deferred Tax Asset    
2,10,715
25,562
  Current Assets:        
  Cash and Bank Balances 11
16,10,67,329
 
12,93,31,368
  Advances and Other Assets 12
33,09,19,683
 
26,74,47,982
  Sub-Total (A)  
49,19,87,012
 
39,67,79,350
           
  Current Liabilities 13
64,33,12,639
 
52,11,13,873
  Provisions 14
17,43,38,470
 
141809439
  Sub-Total (B)  
81,76,51,109
 
66,29,23,312
  Net Current Assets (C)=(A-B)    
-32,56,64,097
-26,61,43,962
  Miscellaneous Expenditure 15   0 0
  Total    
38,81,60,828
55,91,63,380
CONTINGENT LIABILITIES      
14,70,90,705
5,73,07,059