| 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 31.12.2012 | . | . | ( Rs IN 000) |
| PARTICULARS | SCHEDULE | NINE MONTH ENDING 31.12.2012 | NINE MONTH ENDING 31.12.2011 |
| 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 | 90272 792 | 90148 096 |
| Deferred Tax Liability | . | 0 | 0 |
| FAIR VALUE CHANGE ACCOUNT | . | 201730 910 | 136823 982 |
| BORROWINGS | NL-11-Borrowings Schedule | ||
| TOTAL | . | 296303 702 | 231272 078 |
| APPLICATION OF FUNDS | . | ||
| INVESTMENTS | NL-12-Investment Schedule | 420055 424 | 333371 142 |
| LOANS | NL-13-Loans Schedule | 4665 388 | 5046 077 |
| FIXED ASSETS | NL-14-Fixed Assets Schedule | 554 181 | 505 041 |
| DEFERRED TAX ASSET | . | 50 500 | 36 060 |
| CURRENT ASSETS | . | ||
| Cash and Bank Balances | NL-15-Cash and bank balance Schedule | 75947 940 | 65994 095 |
| Advances and Other Assets | NL-16-Advancxes and Other Assets Schedule | 109120 523 | 91309 857 |
| Sub-Total (A) | . | 185068 463 | 157303 952 |
| CURRENT LIABILITIES | NL-17-Current Liabilities Schedule | 236165 787 | 194537 897 |
| PROVISIONS | NL-18-Provisions Schedule | 77924 468 | 70452 297 |
| DEFERRED TAX LIABILITY | . | ||
| Sub-Total (B) | . | 314090 255 | 264990 194 |
| NET CURRENT ASSETS (C) = (A - B) | . | -129021 792 | -107686 241 |
| MISCELLANEOUS EXPENDITURE (to the extent not written off or adjusted) | NL-19-Miscellaneous Expenditure Schedule | ||
| DEBIT BALANCE IN PROFIT AND LOSS ACCOUNT | . | ||
| TOTAL | . | 296303 701 | 231272 079 |
| CONTINGENT LIABILITIES | |||
| PARTICULARS | .- | FOR THE QUARTER | For the corresponding quarter of the preceeding year |
| - | - | (Rs.’000) | (Rs.’000) |
| Partly paid-up investments | - | - | - |
| Claims, other than against policies, not acknowledged as debts by the company | - | - | - |
| Underwriting commitments outstanding (in respect of shares and securities) | - | - | - |
| Guarantees given by or on behalf of the Company | - | - | - |
| Statutory demands/ liabilities in dispute, not provided for | - | - | - |
| Reinsurance obligations to the extent not provided for in accounts | - | - | - |
| Others (to be specified) | - | - | - |
| TOTAL | - | - | - |