FORM NL-3-B-BS
Registration No.  112
Date of  Registration with the IRDA : 2nd April, 2001
BALANCE SHEET  AS AT 30TH SEPTEMBER, 2010
	Schedule	FOR THE HALF YEAR ENDED 30.09.2010	For the corresponding half year of the preceeding year 30.06.2009
SOURCES OF FUNDS
SHARE CAPITAL	NL-8-Share Capital Schedule	4300 000	4300 000
RESERVES AND SURPLUS	NL-10-Reserves and Surplus Schedule	94752 581	78155 690
Deferred Tax Liability		0	19 127
FAIR VALUE CHANGE ACCOUNT		211033 315	157314 064
BORROWINGS	NL-11-Borrowings Schedule
TOTAL		310085 896	239788 881
APPLICATION OF FUNDS
INVESTMENTS	NL-12-Investment Schedule	386958 508	309330 881
LOANS	NL-13-Loans Schedule	6458 304	6710 779
FIXED ASSETS	NL-14-Fixed Assets Schedule	436 495	421 706
DEFERRED TAX ASSET		753 504	0
CURRENT ASSETS
Cash and Bank Balances	NL-15-Cash and bank balance Schedule	34872 806	31715 320
Advances and Other Assets	NL-16-Advancxes and Other Assets Schedule	68995 450	56302 247
Sub-Total (A)		103868 256	88017 567
CURRENT LIABILITIES	NL-17-Current Liabilities Schedule	132408 418	117203 511
PROVISIONS	NL-18-Provisions Schedule	55980 753	47488 541
Sub-Total (B)		188389 171	164692 052
NET CURRENT ASSETS (C) = (A - B)		-84520 915	-76674 485
MISCELLANEOUS EXPENDITURE (to the extent not written off or adjusted)	NL-19-Miscellaneous Expenditure Schedule
DEBIT BALANCE IN PROFIT AND LOSS ACCOUNT
TOTAL		310085 896	239788 881