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, 2013				( ' IN 000)
	PARTICULARS	SCHEDULE	TWELVE MONTH ENDING 31.03.2013	TWELVE MONTH ENDING 31.03.2012
	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	92315 993	72605 078
	Deferred Tax Liability		0	0
	FAIR VALUE CHANGE ACCOUNT		175760 409	170727 874
	BORROWINGS	NL-11-Borrowings Schedule
	TOTAL		272376 402	247632 952
	APPLICATION OF FUNDS
	INVESTMENTS	NL-12-Investment Schedule	399761 002	369460 864
	LOANS	NL-13-Loans Schedule	4629 109	4991 930
	FIXED ASSETS	NL-14-Fixed Assets Schedule	547 656	494 018
	DEFERRED TAX ASSET		70 355	50 500
	CURRENT ASSETS
	Cash and Bank Balances	NL-15-Cash and bank balance Schedule	82342 788	69143 742
	Advances and Other Assets	NL-16-Advancxes and Other Assets Schedule	112047 951	93168 102
	Sub-Total (A)		194390 739	162311 844
	CURRENT LIABILITIES	NL-17-Current Liabilities Schedule	242153 961	213447 278
	PROVISIONS	NL-18-Provisions Schedule	84868 498	76228 926
	DEFERRED TAX LIABILITY
	Sub-Total (B)		327022 459	289676 204
	NET CURRENT ASSETS (C) = (A - B)		-132631 720	-127364 359
	MISCELLANEOUS EXPENDITURE (to the extent not written off or adjusted)	NL-19-Miscellaneous Expenditure Schedule
	DEBIT BALANCE IN PROFIT AND LOSS ACCOUNT
	TOTAL		272376 402	247632 953
	CONTINGENT LIABILITIES
	Particulars		TWELVE MONTH ENDING 31.03.2013	TWELVE MONTH ENDING 31.03.2012
			(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		6595 916	5811 173
5	Statutory demands/ liabilities in dispute, not provided for		19519 294	4604 563
6	Reinsurance obligations to the extent not provided for in accounts			869 734
7	Others (to be specified)
	TOTAL		26115 210	11285 470