| GENERAL INSURANCE CORPORATION OF INDIA |
| Registration No. 112 |
| Date of Registration with IRDAI : 2nd April, 2001 |
| CONSOLIDATED BALANCE SHEET AS AT 31 MARCH 2021 |
| |
Particulars |
Schedule |
|
Current Year |
Previous Year |
| |
|
|
|
(` '000) |
(` '000) |
| SOURCES OF FUNDS |
|
|
|
|
|
| |
Share Capital |
5 |
|
8772 000 |
8772 000 |
| |
Reserves and Surplus |
6 |
|
253756 709 |
230668 250 |
| |
Borrowings |
7 |
|
0 |
0 |
| |
Deferred Tax Liability |
|
|
0 |
0 |
| |
Fair Value Change Account |
|
|
|
|
| |
Policyholders' Fund |
|
|
210159 662 |
116207 293 |
| |
Shareholders' Fund |
|
|
62105 597 |
32513 285 |
| |
Total |
|
|
534793 968 |
388160 828 |
| APPLICATION OF FUNDS |
|
|
|
|
|
| |
Investments - Shareholders |
8 |
|
|
|
| |
Investments - Policyholders |
8A |
|
|
|
| |
Loans |
9 |
|
|
|
| |
Fixed Asssets |
10 |
|
|
|
| |
Goodwill on consolidation |
|
|
|
|
| |
Deferred Tax Asset |
|
|
|
|
| |
Current Assets: |
|
|
|
|
| |
Cash and Bank Balances |
11 |
|
|
|
| |
Advances and Other Assets |
12 |
|
|
|
| |
Sub-Total (A) |
|
|
|
|
| |
|
|
|
|
|
| |
Current Liabilities |
13 |
|
|
|
| |
Provisions |
14 |
|
|
|
| |
Sub-Total (B) |
|
|
|
|
| |
Net Current Assets (C)=(A-B) |
|
|
|
|
| |
Miscellaneous Expenditure |
15 |
|
0 |
0 |
| |
Total |
|
|
|
|
| CONTINGENT LIABILITIES |
|
|
|
|
|