| FORM NL-3-B-BS | ||||
|---|---|---|---|---|
| Name of the Insurer:--GENERAL INSURANCE CORPORATION OF INDIA | ||||
| Registration No.--112 | ||||
| Date of--Registration with the IRDA : 2nd April, 2001 | ||||
| BALANCE SHEET--AS AT 31ST MARCH, 2011 | ||||
| - | - | SCHEDULE | FOR THE PERIOD 31.03.2011 |
FOR THE PREVIOUS PERIOD 31.03.2010 |
| - | - | - | (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 | 93902 190 | 85965 715 |
| - | Deferred Tax Liability | - | 0 | 0 |
| - | FAIR VALUE CHANGE ACCOUNT | - | 188177 072 | 170284 627 |
| - | BORROWINGS | NL-11-Borrowings Schedule | - | - |
| - | TOTAL | - | 286379 262 | 260550 342 |
| APPLICATION OF FUNDS | ||||
| - | INVESTMENTS | NL-12-Investment Schedule | 366924 795 | 335739 301 |
| - | LOANS | NL-13-Loans Schedule | 5953 935 | 6951 498 |
| - | FIXED ASSETS | NL-14-Fixed Assets Schedule | 448 945 | 446 480 |
| - | DEFERRED TAX ASSET | - | 15 160 | 753 506 |
| - | CURRENT ASSETS | - | - | - |
| - | Cash and Bank Balances | NL-15-Cash and bank balance Schedule | 47566 041 | 27731 148 |
| - | Advances and Other Assets | NL-16-Advancxes and Other Assets Schedule | 76376 758 | 66799 390 |
| - | Sub-Total (A) | - | 123942 799 | 94530 538 |
| - | CURRENT LIABILITIES | NL-17-Current Liabilities Schedule | 147664 245 | 122970 438 |
| - | PROVISIONS | NL-18-Provisions Schedule | 63242 127 | 54900 543 |
| - | DEFERRED TAX LIABILITY | - | - | - |
| - | Sub-Total (B) | - | 210906 372 | 177870 981 |
| - | NET CURRENT ASSETS (C) = (A - B) | - | -86963 573 | -83340 443 |
| - | MISCELLANEOUS EXPENDITURE (to the extent not written off or adjusted) | NL-19-Miscellaneous Expenditure Schedule | - | - |
| - | DEBIT BALANCE IN PROFIT AND LOSS ACCOUNT | - | - | - |
| - | TOTAL | - | 286379 262 | 260550 342 |
| CONTINGENT LIABILITIES | - | - | 10947 692 | 17300 930 |