FORM NL-12-INVESTMENT SCHEDULE
Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA   
Investments
INVESTMENTS - SHAREHOLDERS' FUND



(` '000)
Particulars As At 30.06.2014 As at 30.06.2013
LONG TERM INVESTMENTS
1 Government securities and Government guaranteed bonds including Treasury Bills 27423252 22051383
2 Other Approved Securities 1205705 1237369
3 Approved Investments
(a) Shares
(aa) Equity - Indian 85708838 59875389
Equity - Foreign 7816 7816
(bb)Preference 11523 11182
(b) Mutual Funds/Venture Funds 0 0
(c) Debentures /Bond 6618378 5538872
(d) Debentures Foreign 0 350303
(e) Guaranteed Equity 144 131
(f) Subsidiaries 0 0
(g) Associates - Indian 700000 0
Associates - Foreign 591162 591162
4 Investments in Infrastructure and Social Sector 17256024 13252516
5 Other Investments (Excl. Associate Co.) 0 0
(a) Equity/Preference/Debentures/Venture Funds 4385541 2948718
(b) Associates Equity - Indian 0 700000
(c) Equity - Foreign 0 0
  SHORT TERM INVESTMENTS
1 Government securities and Government guaranteed bonds including Treasury Bills 462541 756904
2 Other Approved Securities 116213 64422
3 Approved Investments 0 0
(a) Shares 0 0
(aa) Equity 0 0
(bb) Preference 0 0
(b) Mutual Funds 1238946 196653
(c) Debentures and Bonds 716408 734297
(d) Subsidiaries 350099 0
(e) Guaranteed Equity 0 0
(f) Subsidiaries 0 0
(g) Associates - Indian 0 0
Associates - Foreign 0 0
(h) Commercial Paper 0 50018
4 Investments in Infrastructure and Social Sector 1385948 1213511
5 Other Investments 2508845 424069
TOTAL 150687383 110004715
Figures for the previous year have been regrouped where necessary.
INVESTMENTS - POLICYHOLDERS' FUND
Particulars As At 30.06.2014 As at 30.06.2013
LONG TERM INVESTMENTS
1 Government securities and Government guaranteed bonds including Treasury Bills 67565497 62082088
2 Other Approved Securities 2970619 3483610
3 Approved Investments 0 0
( a) Shares 0 0
(aa) Equity - Indian 211169714 168569437
Equity - Foreign 0 0
(bb)Preference 28390 31480
(b) Mutual Funds/Venture Funds 0 0
(c) Debentures /Bond 16306380 15593796
(d) Debentures Foreign 0 0
(e) Guaranteed Equity 356 369
(f) Subsidiaries 0 0
(g) Associates - Indian 0 0
Associates - Foreign 0 0
4 Investments in Infrastructure and Social Sector 42515448 37310308
5 Other Investments (Excl. Associate Co.) 0 0
(a) Equity/Preference/Debentures/Venture Funds 10805111 8301635
(b) Associates Equity - Indian 0 0
(c) Equity - Foreign 0 0
  SHORT TERM INVESTMENTS
1 Government securities and Government guaranteed bonds including Treasury Bills 1139610 2130941
2 Other Approved Securities 286327 181374
3 Approved Investments 0 0
(a) Shares 0 0
(aa) Equity 0 0
(bb) Preference 0 0
(b) Mutual Funds 3052519 553646
(c) Debentures and Bonds 1765089 2067294
(d) Subsidiaries 0 0
(e) Guaranteed Equity 0 0
(f) Subsidiaries 0 0
(g) Associates - Indian 0 0
Associates - Foreign 0 0
(h) Commercial Paper 0 140820
4 Investments in Infrastructure and Social Sector 3414703 3416443
5 Other Investments 6181300 1193897
TOTAL 367201063 305057138
Figures for the previous year have been regrouped where necessary.
Notes:
(a) Investments in subsidiary/holding companies, joint ventures and associates shall be separately disclosed, at cost.
(i) Holding company and subsidiary shall be construed as defined in the Companies Act, 1956:
(ii) Joint Venture is a contractual arrangement whereby two or more parties undertake an economic activity, which is subject to joint control.
(i) Joint control - is the contractually agreed sharing of power to govern the financial and operating policies of an economic activity to obtain benefits from it.
(ii) Associate - is an enterprise in which the company has significant influence and which is neither a subsidiary nor a joint venture of the company.
(iii) Significant influence (for the purpose of this schedule) - means participation in the financial and operating policy decisions of a company, but not control of those policies.Significant influence may be exercised in several ways, for example, by representation on the board of directors, participation in the policymaking process, material inter-company transactions, interchange of managerial personnel or dependence on technical information.Significant influence may be gained by share ownership, statute or agreement.As regards share ownership, if an investor holds, directly or indirectly through subsidiaries, 20 percent or more of the voting power of the investee, it is presumed that the investor does have significant influence, unless it can be clearly demonstrated that this is not the case.Conversely, if the investor holds, directly or indirectly through subsidiaries, less than 20 percent of the voting power of the investee, it is presumed that the investor does not have significant influence, unless such influence is clearly demonstrated.
A substantial or majority ownership by another investor does not necessarily preclude an investor from having significant influence.
(b) Aggregate amount of company's investments other than listed equity securities and derivative instruments and also the market value thereof shall be disclosed.
(c) Investments made out of Catastrophe reserve should be shown separately.
(d) Debt securities will be considered as “held to maturity” securities and will be measured at historical cost subject to amortisation.
(e) Investment Property means a property [land or building or part of a building or both] held to earn rental income or for capital appreciation or for both, rather than for use in services or for administrative purposes.
(f) Investments maturing within twelve months from balance sheet date and investments made with the specific intention to dispose of within twelve months from balance sheet date shall be classified as short-term investments