| FORM NL-2-B-PL | - | - | - | |
| Name of the Insurer:--GENERAL INSURANCE CORPORATION OF INDIA | - | - | ||
| - | - | - | - | |
| Registration No.112 | - | - | - | |
| - | - | - | - | |
| Date of Registration with the IRDA : 2nd April, 2001 | - | - | - | |
| PROFIT AND LOSS ACCOUNT FOR THE QUARTER ENDED 30.06.2011 | - | - | ||
|---|---|---|---|---|
| - | Particulars | Schedule | FOR THE QUARTER 30.06.2011 | FOR THE PREVIOUS QUARTER 30.06.2010 |
| - | - | - | ( Rs IN 000) | ( Rs IN 000) |
| 1 | OPERATING PROFIT/(LOSS) | - | - | - |
| - | (a)Fire Insurance | - | -175 833 | 2901 946 |
| - | (b)Marine Insurance | - | 315 614 | -116 884 |
| - | (c )Miscellaneous Insurance | - | 2458 298 | 596 434 |
| - | (d)Life Insurance | - | 86 033 | 21 438 |
| - | - | - | - | - |
| 2 | INCOME FROM INVESTMENTS | - | - | - |
| - | (a) Interest, Dividend & Rent – Gross | - | 1453 147 | 1279 180 |
| - | (b) Profit on sale of investments | - | 354 308 | 171 155 |
| - | Less: Loss on sale of investments | - | - | - |
| - | - | - | - | - |
| 3 | OTHER INCOME (To be specified) | - | - | - |
| - | Profit on Exchange | - | 359 046 | 320 474 |
| - | Profit on sale of Assets (Net) | - | 0 | 63 |
| - | Interest on Income-tax Refund | - | 34 967 | 458 658 |
| - | Motor Pool Service Charges | - | 104 550 | 28 852 |
| - | Miscellaneous Receipts | - | 2 043 | 3 270 |
| - | TOTAL (A) | - | 4992 173 | 5664 586 |
| - | - | - | - | - |
| 4 | Provision for Doubtful Loans, Investment & Debts | - | 20 056 | 12 212 |
| 5. | Amortisation of premium on Investments | - | 53 254 | 57 826 |
| 6. | Diminution in the value of investments written off | - | 6 452 | 12 393 |
| - | - | - | - | - |
| - | - | - | - | - |
| 7. | OTHER EXPENSES | - | - | - |
| - | Expenses relating to Investments | - | 4 117 | 7 |
| - | TOTAL (B) | - | 83 879 | 82 438 |
| - | Profit Before Tax--------------------------------- | - | 4908 294 | 5582 148 |
| - | Provision for Taxation : | - | - | - |
| - | Current Tax | - | 1361 706 | 1644 200 |
| - | Wealth Tax | - | 0 | 0 |
| - | Mat Tax | - | 0 | 0 |
| - | Deferred Tax | - | 0 | 0 |
| - | Fringe Benefit Tax | - | 0 | 0 |
| - | Provision for Tax in respect of earlier years | - | 0 | 21 154 |
| - | Profit after Tax | - | 3546 588 | 3916 794 |
| - | Balance brought forward from last year | - | 599 | 610 |
| - | Profit available for appropriation | - | 3547 187 | 3917 404 |
| - | APPROPRIATIONS | - | - | - |
| - | (a)-----------------Interim dividends paid during the year | - | 0 | 0 |
| - | (b)-----------------Proposed final dividend | - | 0 | 0 |
| - | (c)-----------------Dividend distribution tax | - | 0 | 0 |
| - | (d)-----------------Transfer to General Reserve | - | 0 | 0 |
| - | (e) Balance carried forward to Balance Sheet | - | 3547 187 | 3917 404 |
| - | - | - | 3547 187 | 3917 404 |
| - | - | - | - | - |