FORM NL-20-RECEIPT AND PAYMENTS SCHEDULE
	Format of Receipts and Payments A/c to be furnished by the insurers on direct basis
				(` in '000)		(` '000)
			31-Dec-18		31-Dec-17
A )	CASH FLOW FROM OPERATING ACTIVITIES
	Net Profit before taxation as per Profit & Loss A/c			22397 397		30970 486
	Adjustments for:
	Exchange -Loss/Gain charged		-3706 415		1435 740
	Provision for diminution in value of investment		4 500		0
	Provision for doubtful loans, investments & Debts		3154 642		1102 787
	Amortisation of Premium on Investment		231 621		182 201
	Depreciation		93 607		55 410
	-Profit /Loss on sale of Assets		157		- 19
	Provision for Leave Encashment & Salary Arrears		-65 659		-61 009
	Sundry Balances Written off/ -back		0	-287 547	0	2715 110
	Operating Profit before working capital changes			22109 850		33685 596
	Changes in Unexpired Risk Reserves		5983 912		-6882 733
	Changes in Premium Deficiency Reserve		48 583		0
	Changes in Provisions for Outstanding Claims		75030 266		107949 168
	Changes in Income accrued on Investments		-1019 031		-579 885
	Changes in Balances with Insurance Companies		-49553 602		-74317 701
	Changes in Advance and Deposits		-1532 823		659 120
	Changes in other Current Liabilities		2025 129	30982 434	1036 288	27864 257
	Cash generated from operations			53092 284		61549 853
	Income Tax Paid (Net)			-4300 367		-7245 406
	Net Cash from Operating Activities			48791 917		54304 447
B )	CASH FLOWS FROM INVESTING ACTIVITIES
	Purchase of Fixed Assets			-245 520		-145 487
	Proceeds from sale of Fixed Assets			2 661		2 099
	Foreign Currency Translation Reserve			542 047		1765 778
	Changes in net Investments			-59380 791		-34763 064
	Net Cash used in Investing Activities			-59081 603		-33140 674
C )	CASH FLOWS FROM FINANCING ACTIVITIES
	Dividend Paid			-11842 200		-10020 000
	Dividend Tax Paid			-2434 283		-2039 872
	Net Cash from Financing Activities			-14276 483		-12059 872
D)	Effect of Foreign Exchange on Cash & Cash equivalents(Net)			3706 415		-1435 740
	Net increase in Cash and Cash equivalents (A+B+C+D)			-20859 754		7668 162
	Cash and Cash equivalents at beginning of period			141716 159		121907 652
	Cash and Cash equivalents at the end of period			120856 405		129575 813