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 SEPTEMBER 2015				( ` IN 000)
	PARTICULARS	SCHEDULE	As at 30.09.2015	As at 30.09.2014
	SOURCES OF FUNDS
	SHARE CAPITAL	NL-8-Share Capital Schedule	4300000	4300000
	SHARE APPLICATION MONEY PENDING ALLOTMENT
	RESERVES AND SURPLUS	NL-10-Reserves and Surplus Schedule	145343494	131440328
	Deferred Tax Liability		0	0
	FAIR VALUE CHANGE ACCOUNT		254875210	260689390
	BORROWINGS	NL-11-Borrowings Schedule
	TOTAL		404518704	396429718
	APPLICATION OF FUNDS
	INVESTMENTS	NL-12-Investment Schedule	547094393	529176295
	LOANS	NL-13-Loans Schedule	3683897	3992108
	FIXED ASSETS	NL-14-Fixed Assets Schedule	1348497	1385973
	DEFERRED TAX ASSET		174677	67623
	CURRENT ASSETS
	Cash and Bank Balances	NL-15-Cash and bank balance Schedule	82442953	70211275
	Advances and Other Assets	NL-16-Advancxes and Other Assets Schedule	145234298	129935449
	Sub-Total (A)		227677251	200146724
	CURRENT LIABILITIES	NL-17-Current Liabilities Schedule	290108285	254755121
	PROVISIONS	NL-18-Provisions Schedule	85351727	83583884
	DEFERRED TAX LIABILITY
	Sub-Total (B)		375460012	338339005
	NET CURRENT ASSETS (C) = (A - B)		-147782761	-138192281
	MISCELLANEOUS EXPENDITURE (to the extent not written off or adjusted)	NL-19-Miscellaneous Expenditure Schedule
	DEBIT BALANCE IN PROFIT AND LOSS ACCOUNT
	TOTAL		404518703	396429718
CONTINGENT LIABILITIES
	Particulars		As at 30.09.2015	As at 30.09.2014
			(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	9161472
5	Statutory demands/ liabilities in dispute, not provided for		22496974	21199250
6	Reinsurance obligations to the extent not provided for in accounts
7	Others (to be specified)
	TOTAL		30860683	30360722