BS - Consolidated Financial Statement 2020-21

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
234644 846
177286 001
Investments - Policyholders 8A
705256 160
531890 082
Loans 9
2127 003
2347 397
Fixed Asssets 10
1722 605
1816 894
Goodwill on consolidation
273 832
273 832
Deferred Tax Asset
196 868
210 715
Current Assets:
Cash and Bank Balances 11
185888 053
161067 329
Advances and Other Assets 12
272536 995
330919 683
Sub-Total (A)
458425 048
491987 012
Current Liabilities 13
663569 271
643312 639
Provisions 14
204283 123
174338 470
Sub-Total (B)
867852 394
817651 109
Net Current Assets (C)=(A-B)
(409427 346)
(325664 097)
Miscellaneous Expenditure 15 0 0
Total
534793 968
388160 828
CONTINGENT LIABILITIES
170166 840
147090 705
Page last updated on: 27/07/2022
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