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 30 JUNE 2015				( ` IN 000)
Sr. No	PARTICULARS	SCHEDULE	As at 30.06.2015	As at 30.06.2014
1	SOURCES OF FUNDS
2	SHARE CAPITAL	NL-8-Share Capital Schedule	4300000	4300000
3	SHARE APPLICATION MONEY PENDING ALLOTMENT
4	RESERVES AND SURPLUS	NL-10-Reserves and Surplus Schedule	138521870	122252549
5	Deferred Tax Liability		0	0
6	FAIR VALUE CHANGE ACCOUNT		277047428	254479513
7	BORROWINGS	NL-11-Borrowings Schedule
	TOTAL		419869298	381032062
	APPLICATION OF FUNDS
1	INVESTMENTS	NL-12-Investment Schedule	567217423	517888447
2	LOANS	NL-13-Loans Schedule	3691636	3998154
3	FIXED ASSETS	NL-14-Fixed Assets Schedule	1354760	1385240
4	DEFERRED TAX ASSET		174674	70684
5	CURRENT ASSETS
6	Cash and Bank Balances	NL-15-Cash and bank balance Schedule	81015058	67482260
7	Advances and Other Assets	NL-16-Advancxes and Other Assets Schedule	132828876	121251653
	Sub-Total (A)		213843934	188733913
1	CURRENT LIABILITIES	NL-17-Current Liabilities Schedule	276648463	250312895
2	PROVISIONS	NL-18-Provisions Schedule	89764666	80731481
3	DEFERRED TAX LIABILITY
	Sub-Total (B)		366413129	331044376
1	NET CURRENT ASSETS (C) = (A - B)		-152569195	-142310463
2	MISCELLANEOUS EXPENDITURE (to the extent not written off or adjusted)	NL-19-Miscellaneous Expenditure Schedule
3	DEBIT BALANCE IN PROFIT AND LOSS ACCOUNT
	TOTAL		419869298	381032062
CONTINGENT LIABILITIES
Sr. No	Particulars		As At 30.06.2015	As At 30.06.2014
			(Rs.’000)	(Rs.’000)
1	Partly paid-up investments
2	Claims, other than against policies, not acknowledged as debts by the company		11000	0
3	Underwriting commitments outstanding (in respect of shares and securities)
4	Guarantees given by or on behalf of the Company		8352709	6595916
5	Statutory demands/ liabilities in dispute, not provided for		22496974	19519294
6	Reinsurance obligations to the extent not provided for in accounts
7	Others (to be specified)
	TOTAL		30860683	26115210