| 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, 2012 | - | - | - | |
| - | - | - | - | |
| PARTICULARS | SCHEDULE | TWELVE MONTH ENDING 31.03.2012 | TWELVE MONTH ENDING 31.03.2011 | |
| - | - | - | ( 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 | 72605 078 | 93902 190 |
| - | - | - | - | - |
| - | Deferred Tax Liability | - | 0 | 0 |
| - | - | - | - | - |
| - | FAIR VALUE CHANGE ACCOUNT | - | 170727 874 | 188177 072 |
| - | - | - | - | - |
| - | BORROWINGS | NL-11-Borrowings Schedule | - | - |
| - | - | - | - | - |
| - | TOTAL | - | 247632 952 | 286379 262 |
| - | - | - | - | - |
| - | APPLICATION OF FUNDS | - | - | - |
| - | - | - | - | - |
| - | INVESTMENTS | NL-12-Investment Schedule | 369460 864 | 367793 346 |
| - | - | - | - | - |
| - | LOANS | NL-13-Loans Schedule | 4991 930 | 5953 935 |
| - | - | - | - | - |
| - | FIXED ASSETS | NL-14-Fixed Assets Schedule | 494 018 | 448 945 |
| - | - | - | - | - |
| - | DEFERRED TAX ASSET | - | 50 500 | 15 160 |
| - | - | - | - | - |
| - | CURRENT ASSETS | - | - | - |
| - | Cash and Bank Balances | NL-15-Cash and bank balance Schedule | 69143 742 | 46697 489 |
| - | Advances and Other Assets | NL-16-Advancxes and Other Assets Schedule | 93168 102 | 76376 758 |
| - | - | - | - | - |
| - | Sub-Total (A) | - | 162311 844 | 123074 247 |
| - | - | - | - | - |
| - | CURRENT LIABILITIES | NL-17-Current Liabilities Schedule | 213447 278 | 147664 245 |
| - | - | - | - | - |
| - | PROVISIONS | NL-18-Provisions Schedule | 76228 926 | 63242 127 |
| - | - | - | - | - |
| - | DEFERRED TAX LIABILITY | - | - | - |
| - | - | - | - | - |
| - | Sub-Total (B) | - | 289676 204 | 210906 372 |
| - | - | - | - | - |
| - | NET CURRENT ASSETS (C) = (A - B) | - | -127364 360 | -87832 124 |
| - | - | - | - | - |
| - | MISCELLANEOUS EXPENDITURE (to the extent not written off or adjusted) | NL-19-Miscellaneous Expenditure Schedule | - | - |
| - | - | - | - | - |
| - | DEBIT BALANCE IN PROFIT AND LOSS ACCOUNT | - | - | - |
| - | - | - | - | - |
| - | TOTAL | - | 247632 952 | 286379 262 |
| - | - | - | - | - |
| - | - | - | - | - |
| 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 | - | - | - |
| 6 | Reinsurance obligations to the extent not provided for in accounts | - | - | - |
| 7 | Others (to be specified) | - | - | - |
| - | TOTAL | - | - | - |