| FORM NL-12-INVESTMENT SCHEDULE |
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| Name of the
Insurer: GENERAL INSURANCE CORPORATION OF INDIA |
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| Investments |
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| INVESTMENTS
- SHAREHOLDERS' FUND |
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(` '000) |
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Particulars |
As at
31.03.2019 |
As at
31.03.2018 |
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LONG
TERM INVESTMENTS |
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| 1 |
Government securities and Government guaranteed |
60626 421 |
48598 039 |
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bonds including Treasury Bills |
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| 2 |
Other Approved Securities |
590 708 |
775 821 |
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| 3 |
Other Investments |
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(a) Shares |
0 |
0 |
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(aa) Equity - Indian |
107189 749 |
107704 248 |
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Equity - Foreign |
569 499 |
569 499 |
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(bb) Preference |
360 |
755 |
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(b) Mutual Funds |
0 |
0 |
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(c) Derivative Instruments |
0 |
0 |
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(d) Debentures /Bonds Indian |
5656 832 |
7497 394 |
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Debentures /Bonds Foreign |
0 |
0 |
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(e) Other
Securities |
0 |
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Guaranteed Equity |
138 |
145 |
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(f) Subsidiaries |
6042 195 |
4520 726 |
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(e) Associates - Indian |
0 |
0 |
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Associates - Foreign |
159 479 |
159 479 |
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| 4 |
Investments in Infrastructure and Social Sector |
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(a) Equity |
3010 331 |
4329 660 |
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(b) Debentures/Bonds |
19132 410 |
21357 402 |
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| 5 |
Other than Approved Investments |
0 |
0 |
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(a) Equity/Preference/Debentures/Venture Funds |
1599 463 |
1970 205 |
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(b) Preference |
4 947 |
9 072 |
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(c) Debentures /Bond |
3771 213 |
1450 687 |
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(d) Venture Funds |
407 253 |
439 397 |
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(e) Associate Indian |
700 000 |
700 000 |
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Short Term Investments |
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| 1 |
Government securities and Government guaranteed |
2886 972 |
1952 180 |
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bonds including Treasury Bills |
0 |
0 |
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| 2 |
Other Approved Securities |
104 442 |
153 524 |
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| 3 |
Other Investments |
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(a) Shares |
0 |
0 |
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(aa) Equity |
0 |
0 |
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(bb) Preference |
0 |
5 356 |
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(b) Mutual Funds |
5683 945 |
5086 190 |
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(c) Derivative Instruments |
0 |
0 |
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(d)
Debentures /Bond Indian |
1382 061 |
1481 757 |
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Debentures /Bond Foreign |
0 |
0 |
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(e) Other
Securities |
0 |
0 |
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Commercial Paper |
0 |
190 070 |
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(f) Subsidiaries |
0 |
0 |
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(g) Associates - Indian |
0 |
0 |
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Associates - Foreign |
0 |
0 |
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| 4 |
Investments in Infrastructure and Social Sector |
0 |
0 |
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(a) Debentures /Bond |
4623 322 |
2730 679 |
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| 5 |
Other than Approved Investments |
0 |
0 |
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(a) Preference Shares |
7 330 |
3 815 |
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(b)
Debentures /Bond |
1228 374 |
775 576 |
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(c) Mutual Funds |
0 |
0 |
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TOTAL |
225377 444 |
212461 676 |
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0 |
0 |
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| Figures for
the previous year have been regrouped where necessary. |
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| INVESTMENTS
- POLICYHOLDERS' FUND |
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Particulars |
As at
31.03.2019 |
As at
31.03.2018 |
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LONG
TERM INVESTMENTS |
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LONG TERM INVESTMENTS |
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| 1 |
Government securities and Government guaranteed |
158796 026 |
119253 384 |
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bonds including Treasury Bills |
0 |
0 |
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| 2 |
Other Approved Securities |
1547 216 |
1903 766 |
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| 3 |
Other Investments |
0 |
0 |
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(a) Shares |
0 |
0 |
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(aa) Equity - Indian |
280757 224 |
264292 471 |
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Equity - Foreign |
0 |
0 |
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(bb) Preference |
943 |
1 852 |
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(b) Mutual Funds |
0 |
0 |
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(c) Derivative Instruments |
0 |
0 |
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(d) Debentures /Bonds Indian |
14816 684 |
18397 648 |
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Debentures /Bonds Foreign |
0 |
0 |
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(e) Other
Securities |
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Guaranteed Equity |
362 |
355 |
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(f) Subsidiaries |
0 |
0 |
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(e) Associates - Indian |
0 |
0 |
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Associates - Foreign |
0 |
0 |
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| 4 |
Investments in Infrastructure and Social Sector |
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(a) Equity |
7884 822 |
10624 434 |
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(b) Debentures/Bonds |
50112 649 |
52408 338 |
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| 5 |
Other than Approved Investments |
0 |
0 |
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(a) Equity/Preference/Debentures/Venture Funds |
4189 400 |
4834 631 |
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(b) Preference |
12 957 |
22 262 |
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(c) Debentures /Bond |
9877 765 |
3559 801 |
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(d) Venture Funds |
1066 700 |
1078 224 |
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(e) Associate Indian |
0 |
0 |
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Short Term Investments |
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| 1 |
Government securities and Government guaranteed |
7561 717 |
4790 402 |
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bonds including Treasury Bills |
0 |
0 |
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| 2 |
Other Approved Securities |
273 561 |
376 728 |
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| 3 |
Other Investments |
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(a) Shares |
0 |
0 |
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(aa) Equity |
0 |
0 |
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(bb) Preference |
0 |
13 142 |
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(b) Mutual Funds |
14887 699 |
12480 860 |
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(c) Derivative Instruments |
0 |
0 |
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(d)
Debentures /Bond Indian |
3619 968 |
3636 041 |
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Debentures /Bond Foreign |
0 |
0 |
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(e) Other
Securities |
0 |
0 |
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Commercial Paper |
0 |
466 408 |
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(f) Subsidiaries |
0 |
0 |
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(g) Associates - Indian |
0 |
0 |
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Associates - Foreign |
0 |
0 |
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| 4 |
Investments in Infrastructure and Social Sector |
0 |
0 |
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(a) Debentures /Bond |
12109 655 |
6700 737 |
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| 5 |
Other than Approved Investments |
0 |
0 |
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(a) Preference Shares |
19 198 |
9 362 |
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(b)
Debentures /Bond |
3217 424 |
1903 164 |
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(c) Mutual Funds |
0 |
0 |
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TOTAL |
570751 970 |
506754 010 |
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0 |
0 |
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| Figures for
the previous year have been regrouped where necessary. |
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| Notes: |
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| (a) Investments in subsidiary/holding companies, joint
ventures and associates shall be separately disclosed, at cost. |
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| (i) Holding company and subsidiary shall be construed as
defined in the Companies Act, 1956: |
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| (ii) Joint Venture is a contractual arrangement whereby two
or more parties undertake an economic activity, which is subject to joint
control. |
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| (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. |
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| (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. |
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| (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. |
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| A substantial or majority ownership by another investor does not
necessarily preclude an investor from having significant influence. |
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| (b) Aggregate amount of company's investments other than
listed equity securities and derivative instruments and also the market value
thereof shall be disclosed. |
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| (c) Investments made out of Catastrophe reserve
should be shown separately. |
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| (d) Debt securities will be considered as “held to
maturity” securities and will be measured at historical cost subject to
amortisation. |
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| (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. |
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| (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 |
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