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 31.03.2013	.	.	( Rs IN 000)
PARTICULARS	SCHEDULE	TWELVE MONTH ENDING 31.03.2014	TWELVE MONTH ENDING 31.03.2013
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	114520 773	92315 993
Deferred Tax Liability		0	0
FAIR VALUE CHANGE ACCOUNT		205000 288	175760 409
BORROWINGS	NL-11-Borrowings Schedule
TOTAL		323821 061	272376 402
APPLICATION OF FUNDS
INVESTMENTS	NL-12-Investment Schedule	456558 321	399761 002
LOANS	NL-13-Loans Schedule	4240 508	4629 109
FIXED ASSETS	NL-14-Fixed Assets Schedule	1143 103	547 656
DEFERRED TAX ASSET		67 075	70 355
CURRENT ASSETS
Cash and Bank Balances	NL-15-Cash and bank balance Schedule	82639 203	82342 788
Advances and Other Assets	NL-16-Advancxes and Other Assets Schedule	125270 373	112047 951
Sub-Total (A)		207909 576	194390 739
CURRENT LIABILITIES	NL-17-Current Liabilities Schedule	264833 406	242153 961
PROVISIONS	NL-18-Provisions Schedule	81264 116	84868 498
DEFERRED TAX LIABILITY
Sub-Total (B)		346097 522	327022 459
NET CURRENT ASSETS (C) = (A - B)		-138187 946	-132631 720
MISCELLANEOUS EXPENDITURE (to the extent not written off or adjusted)	NL-19-Miscellaneous Expenditure Schedule
DEBIT BALANCE IN PROFIT AND LOSS ACCOUNT
TOTAL		323821 061	272376 402
Particulars		TWELVE MONTH ENDING 31.03.2014	TWELVE MONTH ENDING 31.03.2013
		(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		9161 472	6595 916
Statutory demands/ liabilities in dispute, not provided for		21199 250	19519 294
Reinsurance obligations to the extent not provided for in accounts
Others (to be specified)
TOTAL		30360 722	26115 210