| FORM NL-2-B-PL | ||||||
|---|---|---|---|---|---|---|
| Registration No.--112 | ||||||
| Date of--Registration with the IRDA : 2nd April, 2001 | ||||||
| PROFIT AND LOSS ACCOUNT FOR THE PERIOD ENDED 31.12.2010 | ||||||
| - | Particulars | Schedule | FOR THE QUARTER | FOR THE IIIrd QTR 31.12.2010 | FOR THE QUARTER OF THE PRECEDING YEAR | FOR THE PREVIOUS IIIrd QTR 31.12.2009 |
| - | - | - | (RsIN 000) | (RsIN 000) | (RsIN 000) | (RsIN 000) |
| 1 | OPERATING PROFIT/(LOSS) | - | - | - | - | - |
| - | (a)-----------------Fire Insurance | - | 12 800 | 3323 224 | -42 351 | 2639 689 |
| - | (b)-----------------Marine Insurance | - | -609 726 | -285 592 | 307 265 | 445 883 |
| - | (c )---------Miscellaneous Insurance | - | 1190 868 | 3972 497 | 3638 784 | 2035 279 |
| - | (d) Life Insurance | - | 9 435 | 64 563 | -6 971 | 2 547 |
| - | - | - | - | - | - | - |
| 2 | INCOME FROM INVESTMENTS | - | - | - | - | - |
| - | (a) Interest, Dividend & Rent – Gross | - | 1312 490 | 4646 247 | 1148 351 | 4045 234 |
| - | (b) Profit on sale of investments | - | 481 208 | 2047 325 | 724 966 | 1960 985 |
| - | ------Less: Loss on sale of investments | - | - | - | - | - |
| - | - | - | - | - | - | - |
| 3 | OTHER INCOME (To be specified) | - | - | - | 0 | - |
| - | Profit on Exchange | - | 73 482 | 191 222 | -34 514 | 0 |
| - | Profit on sale of Assets (Net) | - | 83 | 248 | - 16 | 112 |
| - | Interest on Income-tax Refund | - | 0 | 458 658 | 33 003 | 33 003 |
| - | Motor Pool Service Charges | - | 51 509 | 153 600 | 78 979 | 303 625 |
| - | Miscellaneous Receipts | - | 9 932 | 14 295 | 2 911 | 6 657 |
| - | TOTAL (A) | - | 2532 081 | 14586 287 | 5850 407 | 11473 014 |
| - | - | - | - | - | - | - |
| 4 | Provision for Doubtful Loans, Investment & Debts | - | 107 706 | 143 976 | 30 087 | 11 198 |
| 5. | Amortisation of premium on Investments | - | 58 270 | 172 612 | 61 882 | 194 909 |
| 6. | Diminution in the value of investments written off | - | -7 980 | 4 993 | 12 826 | 12 826 |
| - | - | - | - | - | - | - |
| - | - | - | - | - | - | - |
| 7. | OTHER EXPENSES | - | - | - | - | - |
| - | Expenses relating to Investments | - | 4 770 | 10 628 | 3 760 | 7 958 |
| - | Loss on Exchange | - | 0 | 0 | 1021 924 | 1021 924 |
| - | Loss on sale of Assets (Net) | - | 0 | 0 | 0 | 0 |
| - | Sundry Balances Written off (Net) | - | 0 | 0 | 0 | 0 |
| - | Loss on Distribution of LPA Assets | - | 0 | 0 | 0 | 0 |
| - | Interest on Service Tax | - | 21 902 | 21 902 | 0 | 4 688 |
| - | TOTAL (B) | - | 184 668 | 354 111 | 1130 479 | 1253 503 |
| - | Profit Before Tax--------------------------------- | - | 2347 413 | 14232 176 | 4719 928 | 10219 511 |
| - | Provision for Taxation : | - | - | - | - | - |
| - | Current Tax | - | 689 714 | 3646 114 | 368 321 | 1146 112 |
| - | Wealth Tax | - | 0 | 0 | 0 | 255 |
| - | Mat Tax | - | 0 | 0 | 0 | 0 |
| - | Deferred Tax | - | 0 | 0 | 0 | 0 |
| - | Fringe Benefit Tax | - | 0 | 0 | 0 | 2 887 |
| - | Provision for Tax in respect of earlier years | - | 0 | 21 154 | -92 974 | -92 974 |
| - | Profit after Tax | - | 1657 699 | 10564 908 | 4444 581 | 9163 231 |
| - | Balance brought forward from last year | - | 0 | 610 | 0 | 71 |
| - | Profit available for appropriation | - | 1657 699 | 10565 518 | 4444 581 | 9163 302 |
| - | APPROPRIATIONS | - | - | - | - | - |
| - | (a)-----------------Interim dividends paid during the year | - | 0 | 0 | 0 | 0 |
| - | (b)-----------------Proposed final dividend | - | 0 | 0 | 0 | 0 |
| - | (c)-----------------Dividend distribution tax | - | 0 | 0 | 0 | 0 |
| - | (d)-----------------Transfer to General Reserve | - | 0 | 0 | 4445 000 | 9163 000 |
| - | (e) Balance carried forward to Balance Sheet | - | 1657 699 | 10565 518 | - 419 | 302 |
| - | - | - | 1657 699 | 10565 518 | 4444 581 | 9163 302 |
| - | - | - | - | - | - | - |