| FORM NL-3-Balance Sheet | ||||||||
|---|---|---|---|---|---|---|---|---|
| Registration No. 112 | ||||||||
| Date of Registration with IRDA : 2nd April, 2001 | ||||||||
| BALANCE SHEET AS AT 31ST MARCH, 2010 | ||||||||
| Particulars | Schedule | 31st March 2010 | 31st March 2009 | 31st March 2008 | 31st March 2007 | 31sr March 2006 | 31st March 2005 | |
| - | - | - | (Rs. '000) | (Rs. '000) | (Rs. '000) | (Rs. '000) | (Rs. '000) | (Rs. '000) |
| SOURCES OF FUNDS | ||||||||
| - | Share Capital | NL-8-Share Capital Schedule | 4300 000 | 4300 000 | 4300 000 | 4300 000 | 4300 000 | 2150 000 |
| - | Reserves and Surplus | NL-10-Reserves and Surplus Schedule | 85965 715 | 73533 394 | 62537 681 | 54982 562 | 43291 278 | 40442 551 |
| - | Deferred Taxation Liability | - | 0 | 19 127 | 0 | 0 | 0 | 40 224 |
| - | Fair Value Change Account | - | 170284 627 | 60747 417 | 142874 276 | 98284 280 | 103116 112 | 51441 420 |
| - | BORROWINGS | NL-11-Borrowings Schedule | 0 | - | - | - | - | - |
| - | Total | - | 260550 342 | 138599 938 | 209711 957 | 157566 842 | 150707 390 | 94074 195 |
| APPLICATION OF FUNDS | ||||||||
| - | Investments | NL-12-Investment Schedule | 335739 301 | 209947 118 | 285137 803 | 229051 098 | 213808 320 | 146302 589 |
| - | Loans | NL-13-Loans Schedule | 6951 498 | 7193 180 | 6801 682 | 7491 036 | 7532 289 | 8040 494 |
| - | Fixed Asssets | NL-14-Fixed Assets Schedule | 446 480 | 436 144 | 410 244 | 436 939 | 427 591 | 403 057 |
| - | Deferred Taxation Liability | 753 506 | 0 | 1394 372 | 617 875 | 1698 862 | ||
| - | Current Assets: | - | ||||||
| - | Cash and Bank Balances | NL-15-Cash and bank balance Schedule | 27731 148 | 31327 002 | 25275 891 | 18037 470 | 18764 459 | 14943 668 |
| - | Advances and Other Assets | NL-16-Advancxes and Other Assets Schedule | 66799 390 | 51292 939 | 41108 336 | 29605 388 | 22008 782 | 18156 893 |
| - | Sub-Total (A) | 94530 538 | 82619 941 | 66384 227 | 47642 858 | 40773 241 | 33100 561 | |
| - | ||||||||
| - | Current Liabilities | NL-17-Current Liabilities Schedule | 122970 438 | 114404 390 | 100470 564 | 87291 889 | 87216 664 | 64986 990 |
| - | Provisions | NL-18-Provisions Schedule | 54900 543 | 47192 055 | 49945 807 | 40381 075 | 26316 249 | 28785 516 |
| - | Sub-Total (B) | - | 177870 981 | 161596 445 | 150416 371 | 127672 964 | 113532 913 | 93772 506 |
| - | Net Current Assets (C)=(A-B) | - | -83340 443 | -78976 504 | -84032 144 | -80030 106 | -72759 672 | -60671 945 |
| - | MISCELLANEOUS EXPENDITURE (to the extent not written off or adjusted) | NL-19-Miscellaneous Expenditure Schedule | - | - | - | - | - | |
| - | DEBIT BALANCE IN PROFIT AND LOSS ACCOUNT | - | - | - | - | - | - | |
| TOTAL | 260550342 | 138599 938 | 209711 957 | 157566 842 | 150707 390 | 94074 195 | ||
| CONTINGENT LIABILITIES-- | ||||||||
| Claims against the Corporation not acknowledged pending arbitration-- | 17300930 | 4610 842 | 2243 666 | 33 46 881 | 5 000 | 5 000 | ||
| CONTINGENT LIABILITIES | ||||||||
| - | Particulars | - | - | - | - | - | - | - |
| 1 | Partly paid-up investments | - | - | - | - | - | - | - |
| 2 | Claims, other than against policies, not acknowledged as debts by the company | - | - | - | - | - | - | - |
| 3 | Underwriting commitments outstanding (in respect of shares and securities) | - | - | - | - | - | - | - |
| 4 | Guarantees given by or on behalf of the Company | - | - | - | - | - | - | - |
| 5 | Statutory demands/ liabilities in dispute, not provided for | - | - | - | - | - | - | - |
| 6 | Reinsurance obligations to the extent not provided for in accounts | - | - | - | - | - | - | - |
| 7 | Others (to be specified) | - | - | - | - | - | - | - |
| - | TOTAL | - | - | - | - | - | - | - |