| FORM NL-3-B-BS | ||||
| Registration No. 112 | ||||
| Date of--Registration with the IRDA : 2nd April, 2001 | ||||
| BALANCE SHEET--AS AT 31ST DECEMBER, 2010 | ||||
| - | - | Schedule | FOR THE HALF YEAR ENDED 31.12.2010 | For the corresponding half year of the preceeding year 31.12.2009 |
| - | - | - | (Rs IN 000) | ( Rs IN 000) |
| - | SOURCES OF FUNDS | - | - | - |
| - | - | - | - | - |
| - | SHARE CAPITAL-------------------------------------------------------------- | NL-8-Share Capital Schedule | 4300 000 | 4300 000 |
| - | - | - | - | - |
| - | SHARE APPLICATION MONEY PENDING ALLOTMENT | - | - | - |
| - | - | - | - | - |
| - | RESERVES AND SURPLUS | NL-10-Reserves and Surplus Schedule | 96452 733 | 82383 354 |
| - | - | - | - | - |
| - | Deferred Tax Liability | - | 18 067 | 19 127 |
| - | - | - | - | - |
| - | FAIR VALUE CHANGE ACCOUNT | - | 206798 827 | 167291 422 |
| - | - | - | - | - |
| - | BORROWINGS | NL-11-Borrowings Schedule | - | - |
| - | - | - | - | - |
| - | TOTAL | - | 307569 627 | 253993 903 |
| - | - | - | - | - |
| - | APPLICATION OF FUNDS | - | - | - |
| - | - | - | - | - |
| - | INVESTMENTS | NL-12-Investment Schedule | 384796 540 | 326231 310 |
| - | - | - | - | - |
| - | LOANS | NL-13-Loans Schedule | 6058 443 | 6660 666 |
| - | - | - | - | - |
| - | FIXED ASSETS | NL-14-Fixed Assets Schedule | 441 366 | 446 573 |
| - | - | - | - | - |
| - | DEFERRED TAX ASSET | - | 0 | 0 |
| - | - | - | - | - |
| - | CURRENT ASSETS | - | - | - |
| - | Cash and Bank Balances | NL-15-Cash and bank balance Schedule | 39069 183 | 30762 261 |
| - | Advances and Other Assets | NL-16-Advancxes and Other Assets Schedule | 69403 727 | 56558 511 |
| - | - | - | - | - |
| - | Sub-Total (A) | - | 108472 910 | 87320 772 |
| - | - | - | - | - |
| - | CURRENT LIABILITIES | NL-17-Current Liabilities Schedule | 135620 634 | 117813 502 |
| - | - | - | - | - |
| - | PROVISIONS | NL-18-Provisions Schedule | 56579 000 | 48851 916 |
| - | - | - | - | - |
| - | DEFERRED TAX LIABILITY | - | - | - |
| - | - | - | - | - |
| - | Sub-Total (B) | - | 192199 634 | 166665 418 |
| - | - | - | - | - |
| - | NET CURRENT ASSETS (C) = (A - B) | - | -83726 724 | -79344 646 |
| - | - | - | - | - |
| - | MISCELLANEOUS EXPENDITURE (to the extent not written off or adjusted) | NL-19-Miscellaneous Expenditure Schedule | - | - |
| - | - | - | - | - |
| - | DEBIT BALANCE IN PROFIT AND LOSS ACCOUNT | - | - | - |
| - | - | - | - | - |
| - | TOTAL | - | 307569 625 | 253993 903 |
| CONTINGENT LIABILITIES | ||||
| - | Particulars | - | FOR THE QUARTER | For the corresponding quarter of the preceeding year |
| - | - | - | (Rs.’000) | (Rs.’000) |
| 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 | - | 12818.60245 | - |
| 6 | Reinsurance obligations to the extent not provided for in accounts | - | 4305329.846 | - |